EXHIBIT 22
FIRST AMENDMENT TO
AGREEMENT FOR ACQUISITION OF PRODUCT RIGHTS
This First Amendment to Agreement for Acquisition of Product Rights is made
as of this 1st day of October, 2002 by and among American Access Technologies,
Inc., ("American Access") a corporation duly organized and existing under the
laws of Florida, with offices at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇, ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇ Corporation, ("BSC") a corporation duly organized
and existing under the laws of the State of Florida, with offices at ▇.▇. ▇▇▇
▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇, and ▇▇▇▇ ▇▇▇▇▇▇, an individual.
RECITALS
Whereas the parties entered into an Agreement for Acquisition of Product Rights
dated January 11, 2002 (the "Agreement"); and
Whereas, the parties have mutually agreed to amend the Agreement as set forth
herein.
NOW, THEREFORE, for and in consideration of the sum of Ten Dollars ($10.00),
cash in hand paid, the mutual promises of the parties, and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:
1. Section 2 of the Agreement is hereby amended to read as follows:
2. In exchange for relinquishing all rights and title to the Air Cleansing
System "Northern Lights" and "Eclipse", BSC shall receive from American
Access an initial cash payment of $50,000 (which has been paid prior to the
date of this Amendment) and additional cash payments as follows (less
$2,181.12 for an overpayment of commissions):
Date Amount
November 1, 2002 $25,000.00
February 1, 2003 $25,000.00
May 1, 2003 $25,000.00
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August 1, 2003 $25,000.00
November 1, 2003 $25,000.00
2. The Agreement, as amended herein, shall remain in full force and effect.
IN WITNESS WHEREOF, American Access Technologies, Inc., ▇▇▇▇ ▇▇▇▇▇▇ Corporation
and ▇▇▇▇ ▇▇▇▇▇▇ have caused this Amendment to be signed by their duly authorized
representatives as of the day and year first above written.
American Access Technologies, Inc. ▇▇▇▇ ▇▇▇▇▇▇ Corporation
By:________________________ By:___________________________
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: President Title: President
______________________________
▇▇▇▇ ▇▇▇▇▇▇
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