Addendum No. 9 to Real Estate Contract Between Cameron Jacobs and Millennium Group Worldwide Inc.
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Summary
This addendum modifies the original contract dated February 25, 2007, between Cameron Jacobs (Seller) and Millennium Group Worldwide Inc. (Buyer) regarding a property described in Exhibit A. The agreement updates the property description, changes the contract's subject from vacant lots to a single-family residential property, and makes the buyer's obligations contingent on completing an IPO by August 17, 2007. If the IPO funding and transaction do not close by March 15, 2009, the agreement terminates automatically. The buyer may assign the agreement to a controlled entity without the seller's consent.
EX-10.9.4 6 ex_10-9.htm EXTENDED RATIFICATION & EXTENSION AGREEMENT Unassociated Document
Exhibit 10.9.4
Addendum No. 9 to the Contract dated 2/25/07between Cameron Jacobs and Millennium group Worldwide inc. concerning the property described as: (Buyers)
See Exhibit A atgdied hereto and Incoreated herein (the "Contract"). Buyer and Seller make the following terms and conditions part of the Contract:
| 1. | The legal description attached hereto as Exhibit A Is the legal description of the property, |
| 2. | Paragraph BOA line 183 of the Contract is hereby modified to substitute " single family residential " in place of "Vacant Platted Lots''. |
| 3. | The Parties hereby agree that all Buyers obligations in this Contract shall be contingent on the completion of the Initial Public Offering ("!PO") placed by Buyer on or before August 17, 2007. At all times during the !PO process, this agreement shalt remain in full force and effect. In the event the funding requirements of the IPO are not met and this transaction closed, on or before March 15, 2009, this agreement shall automatically terminate and the parties shall be released from all obligations herein. |
| 4. | Buyer may assign this agreement to an entity controlled by Buyer without Seller's prior consent. |
Millennium Group Worldwide, Inc.
| Date: | December 31, 2008 | Buyer: | /s/ Julius Jackson, Sr. |
| Julius Jackson, Sr, President |
| Date: | Buyer: | ||
| Seller: /s/ Cameron Jacobs Cameron Jacobs | |||
| Date: | December 31, 2008 | ||
| Date: | Seller: | ||
