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AMENDMENT TO ASSET PURCHASE AGREEMENT

Asset Purchase Agreement

AMENDMENT TO ASSET PURCHASE AGREEMENT | Document Parties: AUTOMOTIVE LEASE GUIDE (ALG), INC | DJR Canada, Inc | Santa Acquisition Corporation , DJR US, LLC You are currently viewing:
This Asset Purchase Agreement involves

AUTOMOTIVE LEASE GUIDE (ALG), INC | DJR Canada, Inc | Santa Acquisition Corporation , DJR US, LLC

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Title: AMENDMENT TO ASSET PURCHASE AGREEMENT
Governing Law: New York     Date: 11/14/2006
Industry: Software and Programming     Sector: Technology

AMENDMENT TO ASSET PURCHASE AGREEMENT, Parties: automotive lease guide (alg)  inc , djr canada  inc , santa acquisition corporation   djr us  llc
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AMENDMENT TO ASSET PURCHASE AGREEMENT

This Amendment to Asset Purchase Agreement, dated October 18, 2006, amends that certain Asset Purchase Agreement (the “Asset Purchase Agreement”), dated as of May 25, 2005, by and among Automotive Lease Guide (alg), Inc., a Delaware corporation (formerly Santa Acquisition Corporation), DJR US, LLC, a California limited liability company (formerly Automotive Lease Guide (alg), LLC), DJR Canada, Inc., a California corporation (formerly, Automotive Lease Guide (alg) Canada, Inc.), Douglas W. Aiken, John A. Blair and Raj Sundaram. Capitalized terms not otherwise defined herein shall have the meanings set forth for such terms in the Asset Purchase Agreement.

1.

Amendment to definition of “ ALG/Chrome Revenues ”.

The definition of “ ALG/Chrome Revenues ” shall be amended such that it reads as follows in its entirety:

ALG/Chrome Revenues ” means the revenues derived from the sales and/or licensing of (i) ALG Products and Chrome Products by Buyer and all Affiliates of Buyer and (ii) any New Products(s), in each case, as determined in accordance with GAAP. “ALG/Chrome Revenues” shall also include the amortization of any deferred liability existing on the balance sheets of ALG or Chrome immediately prior to, in the case of ALG, May 25, 2005 and in the case of Chrome, May 10, 2005 to the extent such amounts would have been recorded as revenue for the relevant months.”

The parties agree that the deferred liability existing on the balance sheet of ALG on May 25, 2005 equal


 
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