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EXHIBIT 10.2.2
Reference is made to the Asset Purchase Agreement (the "Purchase
Agreement") between Ameron Broadcasting, Inc. ("Ameron") and Capstar
Acquisition Company, Inc. ("Capstar") dated as of April 24, 1997, including
without limitation Section 12.3 of the Purchase Agreement, and to the Agreement
to Assign Construction Permit (the "Permit Agreement") between Sharepoint
Management Group, Inc. ("Sharepoint") and Capstar also dated as of April 24,
1997. Since Sharepoint is controlled personally by the President of Ameron who
will receive all of the Construction Permit proceeds personally, Ameron and
Capstar hereby agree that the Purchase Price (as defined in the Purchase
Agreement) to be paid under the Purchase Agreement shall be reduced on a
dollar-for-dollar basis by the amount of the purchase price to be paid under
the Permit Agreement. This letter is intended to comply with the terms of
Section 12.3 of the Purchase Agreement.
IN WITNESS WHEREOF, Ameron and Capstar have caused this letter to be
signed as of this 25th day of April, 1997.
AMERON BROADCASTING, INC.
By: /s/
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Name:
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Title:
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CAPSTAR ACQUISITION COMPANY, INC.
By: /s/
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Name:
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Title:
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