4100 QUEST, LLC 6 Logue Court Greenville, South Carolina 29615 January 18, 2008
Exhibit 10.32
4100 QUEST, LLC
6 Logue Court
Greenville, South Carolina 29615
January 18, 2008
KANSAS CITY LIFE INSURANCE COMPANY
3520 Broadway
Kansas City, Missouri 64111-2565
Re: | Purchase and Sale Agreement dated as of December 13, 2007 |
Ladies and Gentlemen:
Reference is made to that certain Purchase and Sale Agreement (the Purchase Agreement) dated as of December 13, 2007, between Kansas City Life Insurance Company (the Purchaser) and 4100 Quest, LLC (the Seller). All capitalized terms not otherwise defined herein shall have such meaning as set forth in the Purchase Agreement.
For valuable consideration, the receipt and sufficiency of which, is hereby acknowledged, Purchaser and Seller hereby agree that Section 5.1 of the Purchase Agreement is hereby amended such that the inspection Period shall expire at the close of business on Wednesday, January 30, 2008.
Except as specifically modified hereby, each term and provision of the Purchase Agreement shall remain in full force and effect. In the event that any of the terms or the provisions of the Purchase Agreement are inconsistent or contradictory of the terms hereof, the terms of this letter agreement shall control.
The invalidity or unenforceability of any one or more phrases, sentences, clauses, or paragraphs contained in this letter agreement shall not affect the validity or enforceability of the remaining portions of this letter agreement or any part of the Purchase Agreement This letter agreement may be executed simultaneously in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same agreement. This letter agreement may be delivered by facsimile transmission with the same force and effect as if originally executed copies of this letter agreement were delivered to all parties hereto. This letter agreement shall be governed by and construed in accordance with the laws of the State of Tennessee.
KANSAS CITY LIFE INSURANCE COMPANY
January 18, 2008
Page 2
Please acknowledge your agreement by executing this letter agreement as indicated below.
Sincerely, | ||
4100 QUEST, LLC | ||
By: | /s/ Andrea D. Meade | |
Name: | Andrea D. Meade | |
Title: | EVP, Operations and Corporate Development |
ACKNOWLEDGED AND AGREED: | ||
KANSAS CITY LIFE INSURANCE COMPANY | ||
By: | /s/ Tracy W. Knapp | |
Name: | Tracy W. Knapp | |
Title: | SVP, Finance |