Closing Letter Agreement

EX-2.2 2 onfo_ex22.htm ASSET PURCHASE AGREEMENT onfo_ex22.htm

EXHIBIT 2.2

 

Eastern Standard LLC

8 The Green

Dover, Delaware 19901

 

October 18, 2023

 

Eastern Standard, LLC, Mark Gisi, James Keller and Vincent Giordano

PO Box 275

Linwood, NJ 08221

 

Ladies & Gentlemen:

 

Re: Agreements Regarding Closing

 

Reference is made to the Asset Purchase Agreement, between Eastern Standard LLC, a Delaware limited liability company (“Buyer”) and Eastern Standard, LLC, a Pennsylvania limited liability company, Mark Gisi, James Keller and Vincent Giordano (collectively, “Seller”), dated as of September 20, 2024, to be effective October 1, 2024 (the “Purchase Agreement”). This Letter Agreement is intended to set forth certain agreements and understandings with respect to the closing of the transactions provided for in the Purchase Agreement and hereby amends the Purchase Agreement to reflect such agreements and understandings as follows:

 

1. Defined Terms. Each capitalized but undefined term used in this Letter Agreement will have the meaning given to it in the Purchase Agreement.

 

2. Closing Date. The Closing Date is October 18, 2024, effective for economic purposes as of October 1, 2024.

 

3. Execution. This Letter Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. This Letter Agreement or any counterpart provision may be executed and delivered by electronic communications by portable document format (.pdf) each of which will be deemed an original.

 

4. Ratification of Purchase Agreement. Except as set forth herein, the Purchase Agreement remains unchanged and is hereby ratified and confirmed.

 

5. Governing Law. This Letter Agreement will be governed by and construed in accordance with the internal laws of the State of Delaware, without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction).

 

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If the foregoing correctly sets forth our agreement, please so confirm by signing a copy of this Letter Agreement below.

 

 

Very truly yours,

 

EASTERN STANDARD LLC

 

By: Onfolio Holdings Inc., its Manager

       
By: /s/ Dominic Wells

 

 

Dominic Wells, CEO

 

  

Agreed and accepted as of the date first above written.

 

EASTERN STANDARD, LLC

 

By:

/s/James Keller

 

 

James Keller, President

 

 

JAMES KELLER

 

/s/James Keller

 

 

MARK GISI

 

/s/ Mark Gisi

 

 

VINCENT GIORDANO

 

/s/ Vincent Giordano

 

 

ONFOLIO HOLDINGS INC.

 

By:

/s/ Dominic Wells

 

 

Dominic Wells

 

 

 
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