EX-10.6 13 g77012exv10w6.txt THIRD AMENDMENT TO REAL ESTATE SALE AGREEMENT EXHIBIT 10.6 THIRD AMENDMENT TO REAL ESTATE SALE AND PURCHASE AGREEMENT THIS THIRD AMENDMENT TO REAL ESTATE SALE AND PURCHASE AGREEMENT (this "Amendment") is made as of the 24th day of June, 2002, by and between CHARLES B. HICKS, an individual and resident of the State of Tennessee (hereinafter referred to as the "Seller"), and RONALD A. POTTS, an individual and resident of the State of Florida ("Potts") and PEGGY EVANS, an individual and resident of the State of Georgia ("Evans") (Potts and Evans are hereinafter collectively referred to as "Purchaser"). WITNESSETH THAT: WHEREAS, Purchaser and Seller are parties to that certain Real Estate Purchase and Sale Agreement dated April 16, 2002, as amended by that certain Amendment to Purchase and Sale Agreement dated April 16, 2002, and as further amended by that certain Second Amendment to Purchase and Sale Agreement dated as of April 23, 2002 (as amended, the "Agreement"), with respect to certain real property located in Sauk County, Wisconsin, as more particularly described in the Agreement; and WHEREAS, Purchaser and Seller desire to further modify and amend the Agreement in certain respects; NOW, THEREFORE, for and in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Purchaser and Sellers hereby agree as follows: 1. Defined Terms. All terms used in this Amendment with an initial capital letter which are not otherwise defined herein shall have the meanings given to such terms in the Agreement. 2. Purchaser. From and after the date hereof, the Agreement is hereby amended by amending the definition of the term "Purchaser" to include "Peggy Evans, an individual and resident of the State of Georgia ("Evans")." 3. Purchase Price. From and after the date hereof, the Agreement is hereby amended by deleting subsection 3(a) in its entirety and inserting the following in lieu thereof: "In consideration for the Property, Purchaser shall pay to Seller the sum of Six Million Seven Hundred Ninety-Eight Thousand Two and No/100 Dollars ($6,798,002.00) as follows: at Closing, Purchaser shall deliver to Seller a total of Four Million Three Hundred Fifty-Two Thousand Five Hundred (4,352,500) shares of Oasis Group, Inc. common stock consisting of One Million Six Hundred Thousand shares held by Evans, and Two Million Seven Hundred Fifty-Two Thousand Five Hundred (2,752,500) shares held by Potts." 4. Ratification. Except as expressly modified hereby, the Agreement shall remain unamended and in full force and effect and is hereby ratified and confirmed by the parties hereto. 5. Counterparts. This Amendment may be executed in multiple counterparts, each of which shall constitute an original and all of which taken together shall constitute one and the same instrument. [SIGNATURES APPEAR ON FOLLOWING PAGE] 2 IN WITNESS WHEREOF, Purchaser and Seller have entered into this Amendment as of the day and year first above written. PURCHASER: /s/ Ronald A. Potts (SEAL) --------------------------------------- RONALD A. POTTS Date of Execution: -------------------------- /s/ Peggy Evans (SEAL) --------------------------------------- PEGGY EVANS Date of Execution: -------------------------- SELLER: /s/Charles B. Hicks (SEAL) --------------------------------------- CHARLES B. HICKS Date of Execution: -------------------------- 3