Closing Certificate for Stock Purchase Agreement between Flexxtech Corporation and W3M, Inc. (dba Paradigm Cabling Systems)
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Summary
This Closing Certificate confirms the final steps in the stock purchase transaction between Flexxtech Corporation (the buyer) and W3M, Inc. (dba Paradigm Cabling Systems), Michael Cummings, and Ashford Capital (the sellers). The closing is contingent on the completion of a two-year audited financial statement for Paradigm, expected by November 1, 2002. Sellers must deliver all required documents and stock certificates, while the buyer must provide documents and agree to deliver Class A Preferred shares upon shareholder approval, or common shares if not approved. All parties have agreed to these terms as of September 13, 2002.
EX-2.2 4 flexxtech_8kex2-2.txt EX-2.2 CLOSING CERTIFICATE CLOSING CERTIFICATE FOR FLEXXTECH CORPORATION AND W3M, INC. (DBA PARADIGM CABLING SYSTEMS) Pursuant to the Stock Purchase Agreement between Flexxtech Corporation, the Buyer, and the Sellers, W3M, Inc. (dba Paradigm Cabling Systems), Michael Cummings and Ashford Capital, dated August 20, 2002, the closing of the transaction shall occur at the completion of an Audited Financial Statement for the last 2 years on Paradigm. Such audit anticipated to be completed by November 1, 2002. The Seller shall deliver all necessary documents, including stock certificates to the buyer. The Buyer shall deliver all necessary documents including an agreement to deliver upon shareholder approval the Class A Preferred shares no later than November 1, 2002. Should the shareholders not approve the Preferred shares, the Buyer shall deliver common shares of the Buyer. This Closing Certificate is accepted and agreed to as of today, 13th day of September 2002, by the parties signing below. Selling Shareholders MICHAEL CUMMINGS, AN INDIVIDUAL /s/ Michael Cummings - --------------------------------- By: Michael Cummings Shareholder, an individual Ashford Capital, LLC /s/ Walter Wright - --------------------------------- By: Walter Wright, Manager Shareholder and Manager W3M,INC. (DBA PARADIGM CABLING SYSTEMS) /s/ Michael Cummings - --------------------------------- By: Michael Cummings President, Director and Shareholder Purchaser FLEXXTECH CORPORATION /s/ Greg Mardock - --------------------------------- By: Greg Mardock Its President
