Amendment to Stock Repurchase Agreement between Young Innovations, Inc. and George E. Richmond

Contract Categories: Business Finance › Repurchase Agreements
Summary

This amendment updates the Stock Repurchase Agreement originally made on November 9, 2001, between Young Innovations, Inc. and George E. Richmond. The main change is to extend a key date in Section 4.1 of the agreement from May 8, 2003, to November 8, 2003. All other terms of the original agreement remain unchanged. Both parties have agreed to this amendment as of March 28, 2003.

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EX-10.3 5 y48794_x103q103.txt AMENDMENT TO STOCK REPURCHASE AGREEMENT AMENDMENT TO STOCK REPURCHASE AGREEMENT This agreement is to amend certain provisions of the certain Stock Repurchase Agreement dated November 9, 2001 (the "Stock Repurchase Agreement"), by and between Young Innovations, Inc., a Missouri corporation (the "Company") and George E. Richmond ("Shareholder"). Terms used herein but not defined herein shall have the meanings ascribed to such terms as set forth in the Stock Repurchase Agreement. The reference to May 8, 2003 set forth in Section 4.1 of the Stock Repurchase Agreement shall be replaced with November 8, 2003. Agreed and accepted to this 28th day of March, 2003. COMPANY: YOUNG INNOVATIONS, INC. By: /s/ Arthur L. Herbst -------------------------- Its: COO, Executive VP and CFO -------------------------- SHAREHOLDER: /s/ George E. Richmond - ---------------------------- George E. Richmond