EXHIBIT 10.2
FIRST AMENDMENT
TO ASSET PURCHASE AGREEMENT
This FIRST AMENDMENT TO ASSET PURCHASE AGREEMENT (the "Amendment") is
made and entered into as of December 19, 2003, by and among Guardian
Technologies International, Inc., Difference Engines Corporation, Xxxxxx Xxxxxx
and Xxxxxx X. Xxxxxxxx.
RECITALS
The parties have entered into a certain Asset Purchase Agreement, dated
as of October 23, 2003 (the "Agreement"). In connection therewith, the parties
wish to make an amendment to the terms of the Agreement. Capitalized terms not
defined in this Amendment shall have the meaning set forth in the Agreement.
AGREEMENT
In consideration of the mutual promises, covenants and conditions
hereinafter set forth, the parties hereto mutually agree as follows:
1. AMENDMENT TO SECTION 2.1 Section 2.1 of the Agreement is hereby
amended by deleting the date "November ___, 2003" and replacing it with the date
"December 19, 2003", such that Section 2.1 shall read in its entirety as
follows:
2.1 DATE AND TIME OF CLOSING. Subject to satisfaction of the
conditions to Closing set forth in Section 2.3 of this
Agreement, the closing of the transactions contemplated by
this Agreement (the "Closing") shall take place at 10:00 a.m.
(Eastern Standard Time) on December 19, 2003, at the offices
of Xxxxxxx, Xxxxxx, Vangellow & Xxxx, P.C., 0000 X Xxxxxx,
X.X., Xxxxx 0000, Xxxxxxxxxx, X.X. 00000, or at such other
place and time thereafter as shall be mutually agreeable to
the parties hereto (the "Closing Date").
2. NO OTHER AMENDMENTS. Except for the amendment expressly set forth in
Section 1 of this Amendment, the Agreement shall remain unchanged and in full
force and effect.
3. COUNTERPARTS. This Amendment may be executed in any number of
counterparts, each of which shall be enforceable against the parties actually
executing such counterparts, and all of which together shall constitute one
instrument.
4. GOVERNING LAW. This Amendment shall be governed by and construed in
accordance with the internal laws of the State of Delaware (without regard to
the conflicts of law provisions thereof).
[SIGNATURE PAGE ATTACHED]
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment
to Asset Purchase Agreement to be duly executed and delivered as of the day and
year specified at the beginning hereof.
GUARDIAN TECHNOLOGIES INTERNATIONAL, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
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Print Name: Xxxxxxx X. Xxxxxxx
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Title: CEO
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DIFFERENCE ENGINES CORPORATION
By: /s/ Xxxxxx Xxxxxx
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Print Name: Xxxxxx Xxxxxx
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Title: President
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/s/ Xxxxxx Xxxxxx
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Xxxxxx Xxxxxx
/s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
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