FIRST AMENDMENT TO
This First Amendment to Amended and Restated Promissory Note is entered into effective as of December 29, 2005.
WHEREAS, that certain Amended and Restated Promissory Note (the Note) dated as of July 7, 2005, in the stated principal amount of $14,000,000 was entered into by TIETEK LLC, a Delaware limited liability company (Maker) and OPUS 5949 LLC, a Texas Limited liability company (Payee); and
WHEREAS, Maker and Payee now desire to amend the Note to modify certain definitions contained therein.
NOW THEREFORE, in consideration of ten dollars and other good and valuable consideration receipt of which is hereby acknowledged, the parties hereto hereby agree as follows:
The definition of Debenture Termination Date is hereby amended and restated in its entirety to read as follows:
Debenture Termination Date. The earliest of (i) such time as the Debentures have been paid in full, (ii) the occurrence of a Default or Event of Default, and (iii) December 31, 2006.
Except as amended hereby, the Note remains the same in all respects and remains in full force and effect.
EXECUTED as of December 29, 2005.
TIETEK LLC, a Delaware limited liability company
|By:||/s/ HENRY W. SULLIVAN|
|Henry W. Sullivan|
OPUS 5949 LLC, a Texas limited liability company
By: Sammons VPC, Inc., Manager
|By:||/s/ HEATHER KREAGER|