Amendment to Asset Purchase Agreement between Tekhealth Services, Inc., Professional Accounts Management, Inc., Practice Development Strategies, Inc., and CastleRock Solutions
This letter agreement extends the deadline for closing and completing all exhibits under the Asset Purchase Agreement dated August 23, 2013, to May 31, 2014. It also increases the cash purchase price by $100,000. The parties involved are Tekhealth Services, Inc., Professional Accounts Management, Inc., Practice Development Strategies, Inc., and CastleRock Solutions. The agreement is effective upon countersignature by the parties.
Exhibit 2.5
Stephen A. Snyder
President
March 5, 2014
Rob Ramoji
CastleRock Solutions
995 Montague Expressway, #121
Milpitas, CA 95035
Re: Closing Date and Due Diligence Extension
Dear Mr. Ramoji:
Please allow this letter to memorialize the extension of the deadline for closing and completion of all exhibits to May 31, 2014 as set out in Sections 8.1 (c), (d) and 11.7 of the Asset Purchase Agreement (“APA”) dated August 23, 2013. Please also allow this letter to increase the Cash Purchase Price as defined in Section 1.2 of the APA by $100,000. If this is acceptable, please countersign and return to my attention.
Thank you for your attention to this matter.
Sincerely,
/s/ Stephen A. Snyder
Stephen A. Snyder
| Tekhealth Services, Inc. | Professional Accounts Management, Inc. |
| By: /s/ Rob Ramoji | By: /s/ Rob Ramoji |
| Rob Ramoji | Rob Ramoji |
| Practice Development Strategies, Inc. | Rob Ramoji |
| By: /s/ Rob Ramoji | By: /s/ Rob Ramoji |
| Rob Ramoji | Rob Ramoji |
