FORM OF SUPPLEMENTARY AGREEMENT
Exhibit 2
FORM OF SUPPLEMENTARY AGREEMENT
SUPPLEMENTARY AGREEMENT dated as of , 2012 (this “Agreement”), among Xxxxxx X. Xxxxxxx (“Xxxxxxx”), The Master’s Table, Inc. (the “Transferee”), and Xxxxxx Made Golf Company, Inc., a Delaware corporation (“Parent”).
RECITALS
WHEREAS, Xxxxxxx and Parent have entered into that certain Voting Agreement, dated as of March 18, 2012 (the “Voting Agreement”), with respect to certain shares of common stock, par value $0.001 per share (the “Common Stock”) of Xxxxx Golf, Inc., a Delaware corporation (“Xxxxx Golf”), beneficially owned by Xxxxxxx;
WHEREAS, Xxxxxxx proposes to contribute, assign and transfer his ownership interest in 183,500 shares of Common Stock (the “Shares”) to the Transferee; and
WHEREAS, the Transferee is a permitted transferee under Section 2.3(d) of the Voting Agreement.
NOW THEREFORE, in consideration of the foregoing recitals and the mutual promises hereinafter set forth, the parties hereto agree as follows:
1. In accordance with the provisions of Section 2.3(d) of the Voting Agreement, the Transferee hereby agrees to and does become a party to the Voting Agreement and agrees to be and is bound by all of its terms and conditions as a “Stockholder” as of the date hereof. Xxxxxxx agrees to cause the Transferee to deliver this Agreement to Parent and each of the other Stockholders under the Voting Agreement.
2. Xxxxxxx agrees to remain directly liable for the performance by the Transferee of all obligations of the Transferee under the Voting Agreement.
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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
Xxxxxx X. Xxxxxxx | ||||||
THE MASTER’S TABLE, INC. | ||||||
By: | ||||||
Name: | Xxxxxx X. Xxxxxxx | |||||
Title: | President |
ACKNOWLEDGED AND AGREED TO
AS OF THE DATE FIRST ABOVE WRITTEN:
XXXXXX MADE GOLF COMPANY, INC.
By:
Name: Xxxx Xxxx
Title: President & CEO
By:
Name: Xxxxxxx Xxxxxxxx
Title: CFO
Signature Page to Supplementary Agreement