FOURTH AMENDMENT TO CONTRACT

EX-10.50(4) 9 a2106670zex-10_504.htm EXHIBIT 10.50(4)

Exhibit 10.50-4

 

FOURTH AMENDMENT TO CONTRACT

 

This Fourth Amendment to Contract (“Amendment”) is entered into by and among (i) TOLL ROAD TEXAS LAND COMPANY, L.P., a Texas limited partnership (“TTLC”), (ii) TOLLWAY 76, L.P., a Washington limited partnership (“T76”), and (iii) THE SMITH & WOLLENSKY RESTAURANT GROUP, INC., a Delaware corporation (“Purchaser”).  TTLC and T76 are hereinafter collectively referred to as the “Seller”.

 

R E C I T A L S :

 

A.            Purchaser and Seller have entered into that certain Contract of Sale, dated on or about July 19, 2002 (the “Contract”) by which Purchaser agreed to purchase certain improved real property from Seller.  The Contract was amended by that certain First Amendment to Contract, that certain Second Amendment to Contract, and that certain Third Amendment to Contract.

 

B.            The parties desire to extend the closing date.

 

NOW, THEREFORE, IN CONSIDERATION OF THE PREMISES AND THE COVENANTS CONTAINED HEREIN, THE PARTIES DO HEREBY AGREE AS FOLLOWS:

 

1.             Article IX of the Contract is hereby amended to extend the closing to Wednesday, October 9, 2002.

 

2.             Purchaser hereby waives the condition set forth in Article VIII B regarding the Building Permit.

 

3.             Capitalized terms which are not defined herein shall have the same meaning as set forth in the Contract.  All provisions of the Contract shall remain in full force and effect except as expressly modified herein.

 

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EXECUTED on this the 7th day of October, 2002.

 

 

 

 

 

 

 

 

SELLER:

 

 

 

 

 

 

 

TOLL ROAD TEXAS LAND COMPANY, L.P., a
Texas limited partnership

 

 

 

 

 

 

 

By:  Tollway Land Company, L.L.C., a Washington
limited liability company, its General Partner

 

 

 

 

 

 

 

By:

/s/ Calvin C. Chandler

 

 

 

Name:

Calvin C. Chandler

 

 

 

Its:

Manager

 

 

 

 

 

 

 

TOLLWAY 76, L.P., a Washington limited
partnership

 

 

 

 

 

 

 

 

 

 

 

By:  RAM International GP, LLC, a Washington
limited liability company, its General Partner

 

 

 

 

 

 

 

By:

/s/ Jeffery B. Iverson Jr.

 

 

 

Name:

Jeffery B. Iverson Jr.

 

 

 

Its:

Manager

 

 

 

 

EXECUTED on this the 7th day of October, 2002.

 

 

 

 

 

 

 

 

PURCHASER:

 

 

 

 

 

 

 

THE SMITH & WOLLENSKY RESTAURANT
GROUP, INC., a Delaware corporation

 

 

 

 

 

 

 

By:

/s/ James M. Dunn

 

 

 

Name:

James M. Dunn

 

 

 

Its:

President

 

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