Attached files

file filename
8-K - 8-K - Green Automotive Cogacr8k041614.htm
EX-10 - EXHIBIT 10.1 - Green Automotive Coexhibit101.htm
EX-10 - EXHIBIT 10.3 - Green Automotive Coexhibit103.htm
EX-10 - EXHIBIT 10.7 - Green Automotive Coexhibit107.htm
EX-10 - EXHIBIT 10.8 - Green Automotive Coexhibit108.htm
EX-10 - EXHIBIT 10.9 - Green Automotive Coexhibit109.htm
EX-10 - EXHIBIT 10.6 - Green Automotive Coexhibit106.htm
EX-10 - EXHIBIT 10.4 - Green Automotive Coexhibit104.htm
EX-10 - EXHIBIT 10.5 - Green Automotive Coexhibit105.htm

Exhibit 10.2



FIRST AMENDMENT TO

ACQUISITION AND STOCK EXCHANGE AGREEMENT


This First Amendment to Acquisition and Stock Exchange Agreement (the “First Amendment”) is made and entered into this 20th day of February, 2014 (the “First Amendment Execution Date”) by and between Green Automotive Company, a Nevada corporation (“GACR”), on the one hand, and Blackhawk Manufacturing, Inc., a California corporation (“Blackhawk”), Sanders, Larios, Larios & Luevanos LLC, a California limited liability company (“SLLL”), Alan Servicios S de R.I. de C.V., a Mexican corporation (“Alan Servicios”), Lalusa Investments, a Mexican corporation (“Lalusa”), and Shelmado Transporte, a Mexican corporation (“Shelmado”) (Blackhawk, SLLL, Alan Servicos, Lalusa and Shelmado together are referred to herein as the “BMI Entities”).


RECITALS


A. GACR and BMI Entities are parties to that certain Acquisition and Stock Exchange Agreement dated February 17th, 2014 (the “Agreement”).


B.  The parties wish to amend the Agreement in order to correct the definition of Closing in the Agreement as further described below.


AMENDMENT


NOW, THEREFORE, in consideration of the foregoing and the terms of this First Amendment and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:


1.    Amendment of Agreement. This First Amendment hereby amends and revises the Agreement to incorporate the correction to the Closing as described in this First Amendment. Except as expressly provided for in this First Amendment, the Agreement will remain unchanged and in full force and effect. The term “Agreement”, as used in the Agreement and all other instruments and agreements executed thereunder, shall for all purposes refer to the Agreement as amended by this First Amendment.

 

2.    Correction of date of Closing in the Agreement. All references in the Agreement to “Closing” shall mean March 17th, 2014, or at such other date as agreed upon by the Parties.


3.    General. This First Amendment has been executed by the parties as of the First Amendment Execution Date, with such execution being effective as of the Effective Date of the Agreement, as that term is defined in the Agreement. This First Amendment may be executed in any number of counterparts, each of which shall be deemed to an original, and such counterparts together shall constitute one instrument.



SIGNATURE PAGE FOLLOWS






IN WITNESS WHEREOF, the duly authorized representatives of the parties hereto have executed this First Amendment as of the First Amendment Execution Date.


“GACR”

 

“Blackhawk”

 

 

 

Green Automotive Company

 

Blackhawk Manufacturing, Inc.,

a Nevada corporation

 

a California corporation

 

 

 

 

 

 

 

 

 

By:     Ian Hobday

 

By:     Floyd Sanders

Its:     Chief Executive Officer

 

Its:     President

 

 

 

 

 

 

“Alan Servicios”

 

“SLLL”

 

 

 

Alan Servicios S de R.I. de C.V.,

 

Sanders, Larios, Larios & Luevanos LLC

A Mexican corporation

 

a California limited liability company

 

 

 

 

 

 

 

 

 

By:     Floyd Sanders

 

By:     Floyd Sanders

Its:     President

 

Its:     President

 

 

 

 

 

 

“Lalusa”

 

“Shelmado”

 

 

 

Lalusa Investments,

 

Shelmado Transporte

a Mexican corporation

 

a Mexican corporation

 

 

 

 

 

 

 

 

 

By:     Floyd Sanders

 

By:     Floyd Sanders

Its:     President

 

Its:     President