Amendment No. 1 to Agreement of Sale between Benacquista Galleries, Inc. and Vibe Records, Inc.

Contract Categories: Business Finance › Purchase Agreements
Summary

This amendment, effective March 2008, modifies the original Agreement of Sale between Benacquista Galleries, Inc., Vibe Records, Inc., and individuals James Price and Timothy Olphie. The amendment specifically deletes Paragraph 8 from the original agreement. All other terms and conditions remain unchanged and in effect. The agreement continues to be binding on all parties as originally executed, except for the removed provision.

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EX-10.3 3 benacq8k031108ex10-3.htm AMENDMENT NO. 1 TO THE VIBE BENACQUISTA AGREEMENT OF SALE DATED MARCH 17, 2008 BY AND BETWEEN BENACQUISTA GALLERIES, INC., A NEVADA CORPORATION, VIBE RECORDS, INC., A DELAWARE CORPORATION, TIMOTHY OLPHIE AND JAMES PRICE. benacq8k031108ex10-3.htm
EXHIBIT 10.3
 
AMENDMENT NO. 1 to
AGREEMENT OF SALE

THIS AMENDMENT NO. 1 to AGREEMENT SALE made as of the 11th day of January, 2008 (the “Agreement”) by and between Vibe Records, Inc., a Delaware Corporation (“Vibe”), Benacquista Galleries, Inc., a Nevada corporation (“Benacquista”), James Price, an Individual and Timothy Olphie, an individual (and together the “Parties”).

 
1.
Paragraph 8 of the Agreement is hereby deleted in its entirety.

All other terms and conditions of the Agreement remain in full force and effect and this agreement shall be governed by all other terms contained therein.


IN WITNESS WHEREOF the parties have executed this Agreement effective as of March   , 2008.

   
VIBE RECORDS, INC.
     
     
 
By:
                                           
   
Name: Timothy Olphie
   
Title:    President and CEO
     
     
   
BENACQUISTA GALLERIES, INC
     
     
 
By:
 /s/ James Price                    
   
Name: James Price
   
Title:    President and CEO
     
     
 
By:
 /s/ James Price                    
   
James Price
     
     
 
By:
                                           
   
Timothy Olphie