Second Amendment to Real Property Purchase and Sale Agreement between VetaNova, Inc. and GrowCo, Inc.
This amendment updates the terms of a real estate purchase agreement between VetaNova, Inc. and GrowCo, Inc. The purchase price is now set at 5,000,000 common shares of VetaNova and $131,579 in cash, with the shares to be issued by December 31, 2021, and the cash paid by December 31, 2022, accruing 6% annual interest until paid. The closing date is changed to August 17, 2021, and one section of the original agreement is deleted. All other terms remain unchanged.
EXHIBIT 10.12
Second AMENDMENT TO REAL PROPERTY PURCHASE AND SALE AGREEMENT
THIS SECOND AMENDMENT TO REAL PROPERTY PURCHASE AND SALE AGREEMENT (this “Amendment”) is made as of this 17th day of August, 2021 (the “Effective Date”), by and between VetaNova, Inc. (“Purchaser”) and GrowCo, Inc. (“Seller”).
The Seller and Purchaser agree to the following:
| 1. | Section 2.01 of the Agreement is changed to read as follows: The purchase price to be paid by Purchaser to Seller for the Property is Five Million (5,000,000) Common Shares, par value $0.0001 of the Company (the “Purchase Price” or “Shares”) and cash of $131,579. The shares will be issued in book entry form no later than December 31, 2021. The cash will be paid no later than December 31, 2022. The cash amount will bear interest at 6% per year from August 17, 2021 until paid. | |
| 2. | The Closing Date in Section 5.01 is hereby changed to August 17, 2021. | |
| 3. | Section 5.03 of the Agreement is deleted. | |
| 4. | All other terms, conditions, and provisions of the Agreement shall remain unchanged. |
IN WITNESS WHEREOF, the Parties hereto have executed this Amendment as of the date first set forth above.
| PURCHASER | ||
| VetaNova Inc., a Nevada corporation | ||
| By: | /s/ John McKowen | |
| John McKowen, President and CEO | ||
| SELLER | ||
| GrowCo, Inc., a Colorado corporation | ||
| By: | /s/ John McKowen | |
| John McKowen, CEO | ||
