Wren, Inc. EXTENSION OF SALES CONTRACT
Exhibit 10.2
Xxxx, Inc.
THIS CONTRACT EXTENSION AGREEMENT is made and entered into this 12th day of October 2006, by and between Pine Valley Ltd, a Utah Partnership, hereinafter referred to as the “Owner”, and Xxxx, Inc., a Nevada Corporation, hereinafter referred to as the “Agent”.
EXTENSION:
PINE VALLEY LTD., hereby grants an extension of time on the option to purchase the entire inventory as listed in Exhibit “A” for a cash payment of Twenty-five Thousand dollars to the 31st day of October 2007. This extension applies to the contract titled EXCLUSIVE RIGHT OF SALE CONTRACT dated October 15, 2004 between the parties heretofore written above.
OWNER:
/s/ Xxxx X. Xxxxxxx, Mgr
Pine Valley, Ltd.
By Xxxx Xxxxxxx
AGENT:
/s/ Xxxxxx Xxxxxxxx
Xxxx, Inc.
By Xxxxxx Xxxxxxxx
EXHIBIT “A”
(Description of Golf Inventory)
All items carry the FILA brand:
Qty | Description | Retail | Net Cost | Total Cost |
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332 | Milled Putters | $149.95 | $ 50.00 | $15,000 |
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106 | Ladies Metal Xxxxx | 249.95 | 100.00 | 10,000 |
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102 | Golf Balls (per dozen) | 29.95 | 12.00 | 1,200 |
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105 | Leather Glove | 14.95 | 6.00 | 600 |
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52 | Golf Hats | 14.95 | 6.00 | 300 |
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24 | Golf Shirts (Cutter ‘n Buck) | 49.95 | 22.00 | 528 |
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12 | Children’s Drivers | 79.95 | 35.00 | 420 |
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24 | Sunscreen (World Golf Tour) | 14.95 | 7.00 | 168 |
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| Total | $84,197,15 |
| $30,482 |
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Addendum –
Due to the delay of acquisition of inventory, some quantities may be reduced, but the pricing will remain the same for whatever quantities are left.
Signed /s/ Xxxx X. Xxxxxxx, Mgr. 10-12-2006
/s/ Xxxxxx Xxxxxxxx
