Document:

ex10-11.htm

    Exhibit
      10.11

     

    FIRST
      AMENDMENT TO STOCK PURCHASE AGREEMENT

    

    This
      First Amendment to Stock Purchase
      Agreement (the “Agreement”) dated as of the ___th day of
      August, 2007, to be effective as of June 15, 2007 (the “Effective
      Date”) is made and entered into by and between MASTODON
      VENTURES, INC., a Texas corporation with offices at 600 Congress Ave.,
      Suite 1220, Austin, TX 78701 (“Purchaser”) and
ALLMARINE CONSULTANTS CORPORATION, a Nevada corporation with
      offices at 8601 RR 2222, Bldg. 1, Suite 210, Austin, Texas 78730
      (“Seller”).

    

    W
      I T N E S S E T H :

    

    WHEREAS,
      Seller and the Purchaser previously entered into a Stock Purchase Agreement
      dated April 17, 2007 (the “Stock Purchase”), which contemplated
      the Purchaser purchasing from the Seller, 1,005,000 shares of Common Stock
      for a
      purchase price of One Thousand Fifty Dollars ($1,050) (the
“Purchase”);

    

    WHEREAS,
      the closing
      of the Purchase was conditioned on the closing by the Seller of a reverse merger
      transaction with Baxl Technologies, Inc. (and a private placement of securities
      simultaneously with the closing thereof) (the “Reverse
      Merger”); 

    

    WHEREAS,
      the Closing
      Date of the Reverse Merger (as defined in the Stock Purchase), was required
      to
      occur by June 15, 2007, unless extended pursuant to the terms of the Stock
      Purchase to at the latest July 27, 2007 (the “Required Closing
      Date”); and

    

    WHEREAS,
      the Reverse
      Merger did not close by the Required Closing Date, and the parties now desire
      to
      enter into this Agreement to extend the date of such Required Closing
      Date.

    

    NOW
      THEREFORE, in
      consideration of the foregoing premises, and of the mutual covenants and
      undertakings contained herein, and for such other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged
      by
      the parties hereto, the parties to this Agreement hereby agree as
      follows:

    

    ARTICLE
      1

    EXTENSION
      OF REQUIRED CLOSING DATE

    

    1.01.                      Extension
      of Required Closing Date. The Purchaser and the Seller hereby agree that the
      Required Closing Date as provided in the Stock Purchase shall be extended until
      August 31, 2007.

    

    1.02.                      Waiver
      of Rights. The Purchaser and Seller additionally agree to waive any default
      and/or rights they may have had due to fact that the Reverse Merger did not
      occur by the Required Closing Date.

    

    1.03.                      Escrow
      Agent.  The Purchaser and Seller agree that the Escrow Agent (as
      defined in the Stock Purchase) can rely on the Required Closing Date as amended
      hereby in connection with the provisions of Article 4 of the Stock Purchase
      as
      amended hereby.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    ARTICLE
      2

    REPRESENTATIONS
      AND WARRANTIES OF THE PARTIES

    

    2.01.                      Reaffirmation
      of Warranties.  The Purchaser and the Seller agree that all of the
      representations made by the Purchaser (under Section 5.01 of the Stock Purchase)
      and the Seller (under Section 5.02 of the Stock Purchase) are accurate and
      valid
      as of the date of this Agreement, and the parties hereby reconfirm and ratify
      such representations as of the date of this Agreement.

    

    2.02.                      Status
      of Stock Purchase.  The parties hereto agree that other than the
      amendment to the Required Closing Date affected by Article 1 of this Agreement,
      all other sections, terms, conditions and requirements as set forth in the
      Stock
      Purchase shall remain in full affect and be fully enforceable against the
      parties hereto.

    

    ARTICLE
      3

    MISCELLANEOUS

     

    
      (a)           Neither
        Seller nor Purchaser may assign this Agreement or their respective rights,
        benefits or obligations hereunder without the written consent of the
        non-assigning party, except that Purchaser may assign, in whole or in part,
        its
        rights to purchase the Shares to any third party(ies) designated by
        it.

      
(b)           This
        Agreement shall be binding upon and inure to the benefit of the parties hereto
        and their respective successors, heirs, personal representatives,
        administrators, executors and permitted assigns. Nothing contained in this
        Agreement is intended to confer upon any person or entity, other than the
        parties hereto, or their respective successors, heirs, personal representatives,
        administrators, executors or permitted assigns, any rights, benefits,
        obligations, remedies or liabilities under or in connection with this
        Agreement.

       

      (c)           No
        waiver of any provision of this Agreement or of any breach hereof shall be
        effective unless in writing and signed by the party to be bound thereby.
        The
        waiver by any party hereto of a breach of any provision of this Agreement,
        or of
        any representation, warranty, obligation or covenant in this Agreement by
        the
        other party hereto, shall not be construed as a waiver of any subsequent
        breach
        of the same or of any other provision, representation, warranty, obligation
        or
        covenant of such other party under this Agreement, unless the instrument
        of
        waiver expressly provides otherwise.

       

       

      (d)           This
        Agreement shall be governed by and construed in accordance with the laws
        of
        Texas with respect to contracts made and to be fully performed therein without
        regard to the conflicts of laws principles thereof.  The parties
        hereto hereby agree that any suit or proceeding arising under or as a result
        of
        this Agreement or the consummation of the transactions contemplated hereby,
        shall be brought solely in a Federal or State court located in Harris County,
        Texas except as otherwise provided below.  By their execution hereof,
        the parties hereto
        irrevocably consent and submit to the in personam jurisdiction of the Federal
        and State courts located in Harris County, Texas and agree that any process
        in
        any suit or proceeding commenced in such courts under this Agreement may
        be
        served upon them personally or by certified or registered mail, return receipt
        requested, or by a nationally recognized overnight courier service which
        provides evidence of delivery, with the same force and effect as if personally
        served upon them in such City, County and State.  The parties hereto
        each waive any claim that any such jurisdiction is not a convenient forum
        for
        any such suit or proceeding and any defense of lack of in personam jurisdiction
        with respect thereto.

      

      (e)           The
        parties hereto hereby agree that, at any time and from time to time after
        the
        date hereof upon the reasonable request of any of the parties hereto and
        at no
        cost to the party to which any such request is made, they shall do, execute,
        acknowledge and deliver, or cause to be done, executed, acknowledged and
        delivered, such further acts, deeds, assignments, transfers,
        conveyances, and assurances as may be reasonably required to more
        effectively consummate this Agreement and the transactions contemplated thereby
        or to confirm or otherwise effectuate the provisions of this
        Agreement.

      

      (f)           
        Each party hereto represents and warrants to the other that he or it has
        been
        represented by independent counsel of his or its own choosing in connection
        with
        the negotiation, execution, delivery and consummation of this
        Agreement.

       

      (g)           Except
        as set forth below, each of the parties hereto shall bear all of their
        respective costs and expenses incurred in connection with the negotiation,
        preparation, execution, consummation, performance and/or enforcement of this
        Agreement.  Notwithstanding the foregoing, in the event of any action
        or proceeding instituted by any party hereto to enforce the provisions of
        this
        Agreement, the party prevailing therein shall be entitled to reimbursement
        by
        the other breaching party of the legal costs and expenses incurred by the
        prevailing party in connection therewith.

       

      (h)           This
        Agreement may be executed in one or more counterparts, each of which, when
        executed and delivered, shall be deemed an original, but all of which when
        taken
        together, shall constitute one and the same instrument and this Agreement
        may be
        completed by facsimile transmission, which transmission will be deemed to
        be an
        original and considered fully legal and binding on the parties
        hereto.

       

      (i)            The
        Article and Section headings used in this Agreement have been used for
        convenience of reference only and are not to be considered in construing
        or
        interpreting this Agreement.

       

      (j)            
        If one or more provisions of this Agreement are held to be unenforceable
        under
        applicable law, such provision(s) shall be excluded from this Agreement and
        the
        balance of this Agreement shall remain in full force and
        effect.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the undersigned have set their hands effective as of the Effective Date set
      forth above.

    

     

    

    
      	
               

            	
              
                SELLER:

                

                ALLMARINE
                  CONSULTANTS

                CORPORATION

              

               

              By:
                /s/ Michael Chavez

              Michael Chavez -- CEO

              
                Print
                  Name and Title

                 

                 

                PURCHASER

                 

                MASTODON
                  VENTURES, INC.

                By:
                  /s/ Robert Hersch

                Robert
                  Hersch, Presidentex10-12.htm

    Exhibit
      10.12

     

    FIRST
      AMENDMENT TO STOCK PURCHASE AGREEMENT

    

    This
      First Amendment to Stock Purchase
      Agreement (the “Agreement”) dated as of the ____th day of
      August, 2007, to be effective as of June 15, 2007 (the “Effective
      Date”) is made and entered into by and between MV EQUITY
      PARTNERS, INC., a Texas corporation with offices at 600 Congress Ave.,
      Suite 1220, Austin, TX 78701 (“Purchaser”) and the individuals
      identified on Schedule A hereto (each a “Seller” and
      collectively, the “Sellers”).

    

    W
      I T N E S S E T H :

    

    WHEREAS,
      Sellers and
      the Purchaser previously entered into a Stock Purchase Agreement dated April
      17,
      2007 (the “Stock Purchase”), which contemplated the Purchaser
      purchasing from the Sellers, free and clear of all liens, claims and
      encumbrances, and subject to the terms hereof, 510,000 shares of Common Stock
      owned by them for an aggregate cash purchase price of Four Hundred Fifty
      Thousand Dollars ($450,000) (the “Purchase”);

    

    WHEREAS,
      the closing
      of the Purchase was conditioned on the closing by Allmarine Consultants
      Corporation (“AMCC”) of a reverse merger transaction with Baxl
      Technologies, Inc. (and a private placement of securities simultaneously with
      the closing thereof) (the “Reverse
      Merger”); 

    

    WHEREAS,
      the Closing
      Date of the Reverse Merger (as defined in the Stock Purchase), was required
      to
      occur by June 15, 2007, unless extended pursuant to the terms of the Stock
      Purchase to at the latest July 27, 2007 (the “Required Closing
      Date”);

    

    WHEREAS,
      the Stock Purchase included a down payment of $50,000 (the “Down
      Payment”); and

    

    WHEREAS,
      the Reverse
      Merger did not close by the Required Closing Date, and the parties now desire
      to
      enter into this Agreement to extend the date of such Required Closing
      Date.

    

    NOW
      THEREFORE, in
      consideration of the foregoing premises, and of the mutual covenants and
      undertakings contained herein, and for such other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged
      by
      the parties hereto, the parties to this Agreement hereby agree as
      follows:

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    ARTICLE
      1

    EXTENSION
      OF REQUIRED CLOSING DATE

    

    1.01.                      Extension
      of Required Closing Date. The Purchaser and the Sellers hereby agree that
      the Required Closing Date as provided in the Stock Purchase shall be extended
      until August 31, 2007.

    

    1.02.                      Waiver
      of Rights. The Purchaser and Sellers additionally agree to waive any default
      and/or rights they may have had due to fact that the Reverse Merger did not
      occur by the Required Closing Date.

    

    1.03.                      Escrow
      Agent.  The Purchaser and Sellers agree that the Escrow Agent (as
      defined in the Stock Purchase) can rely on the Required Closing Date as amended
      hereby in connection with the provisions of Article 4 of the Stock Purchase
      as
      amended hereby.

    

    1.04.                      Down
      Payment.  The Purchaser agrees that Section 2.02 of the Stock
      Purchase shall be rescinded in its entirety in connection with the parties’
entry into this Agreement, and the entire amount of the Down Payment shall
      be
      considered earned by the Sellers.  As a result, such Down Payment
      shall not be refundable to Purchaser, but shall be retained by Sellers
      regardless of whether the Stock Purchase closes by the Required Closing Date,
      as
      extended herein, and shall not be refundable regardless of any provision of
      Section 2.02, which is rescinded herewith.

    

    ARTICLE
      2

    REPRESENTATIONS
      AND WARRANTIES OF THE PARTIES

    

    2.01.                      Reaffirmation
      of Warranties.  The Purchaser and the Sellers agree that all of
      the representations made by the Purchaser (under Section 5.01 of the Stock
      Purchase) and the Sellers (under Section 5.02 of the Stock Purchase) are
      accurate and valid as of the date of this Agreement, and the parties hereby
      reconfirm and ratify such representations as of the date of this
      Agreement.

    

    2.02.                      Status
      of Stock Purchase.  The parties hereto agree that other than the
      amendment to the Required Closing Date affected by Article 1 of this Agreement,
      all other sections, terms, conditions and requirements as set forth in the
      Stock
      Purchase shall remain in full affect and be fully enforceable against the
      parties hereto.

    

    ARTICLE
      3

    MISCELLANEOUS

    

               (a)           Neither
      Sellers nor Purchaser may assign this Agreement or their respective rights,
      benefits or obligations hereunder without the written consent of the
      non-assigning party, except that Purchaser may assign, in whole or in part,
      its
      rights to purchase the Shares to any third party(ies) designated by
      it.

    

               (b)           This
      Agreement shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors, heirs, personal representatives,
      administrators, executors and permitted assigns. Nothing contained in this
      Agreement is intended to confer upon any person or entity, other than the
      parties hereto, or their respective successors, heirs, personal representatives,
      administrators, executors or permitted assigns, any rights, benefits,
      obligations, remedies or liabilities under or in connection with this
      Agreement.

    

                              (c)           
      No waiver of any provision of this Agreement or of any breach hereof shall
      be
      effective unless in writing and signed by the party to be bound thereby. The
      waiver by any
      party
      hereto of a breach of any provision of this Agreement, or of any representation,
      warranty, obligation or covenant in this Agreement by the other party hereto,
      shall not be construed as a waiver of any subsequent breach of the same or
      of
      any other provision, representation, warranty, obligation or covenant of such
      other party under this Agreement, unless the instrument of waiver expressly
      provides otherwise.

    

                              (d)          
      This Agreement shall be governed by and construed in accordance with the laws
      of
      Texas with respect to contracts made and to be fully performed therein without
      regard to the conflicts of laws principles thereof.  The parties
      hereto hereby agree that any suit or proceeding arising under or as a result
      of
      this Agreement or the consummation of the transactions contemplated hereby,
      shall be brought solely in a Federal or State court located in Harris County,
      Texas except as otherwise provided below.  By their execution hereof,
      the parties hereto irrevocably consent and submit to the in personam
      jurisdiction of the Federal and State courts located in Harris County, Texas
      and
      agree that any process in any suit or proceeding commenced in such courts under
      this Agreement may be served upon them personally or by certified or registered
      mail, return receipt requested, or by a nationally recognized overnight
      courier service which provides evidence of delivery, with the same force and
      effect as if personally served upon them in such City, County and
      State.  The parties hereto each waive any claim that any such
      jurisdiction is not a convenient forum for any such suit or proceeding and
      any
      defense of lack of in personam jurisdiction with respect thereto.

    
                          (e)           
      The parties hereto hereby agree that, at any time and from time to time after
      the date hereof upon the reasonable request of any of the parties hereto and
      at
      no cost to the party to which any such request is made, they shall do, execute,
      acknowledge and deliver, or cause to be done, executed, acknowledged and
      delivered, such further acts, deeds, assignments, transfers,
      conveyances, and assurances as may be reasonably required to more
      effectively consummate this Agreement and the transactions contemplated thereby
      or to confirm or otherwise effectuate the provisions of this
      Agreement.

     

                              (f)           
      Each party hereto represents and warrants to the other that he or it has been
      represented by independent counsel of his or its own choosing in connection
      with
      the negotiation, execution, delivery and consummation of this
      Agreement.

     

                             (g)           
      Except as set forth below, each of the parties hereto shall bear all of their
      respective costs and expenses incurred in connection with the negotiation,
      preparation, execution, consummation, performance and/or enforcement of this
      Agreement.  Notwithstanding the foregoing, in the event of any action
      or proceeding instituted by any party hereto to enforce the provisions of this
      Agreement, the party prevailing therein shall be entitled to reimbursement
      by
      the other breaching party of the legal costs and expenses incurred by the
      prevailing party in connection therewith.

    

             (h)           
      This Agreement may be executed in one or more counterparts, each of which,
      when
      executed and delivered, shall be deemed an original, but all of which when
      taken
      together, shall constitute one and the same instrument and this Agreement may
      be
      completed by facsimile
      transmission, which transmission will be deemed to be an original and considered
      fully legal and binding on the parties hereto.

    

                             (i)            
      The Article and Section headings used in this Agreement have been used for
      convenience of reference only and are not to be considered in construing or
      interpreting this Agreement.

    

                             (j)           
       If one or more provisions of this Agreement are held to be unenforceable
      under applicable law, such provision(s) shall be excluded from this Agreement
      and the balance of this Agreement shall remain in full force and
      effect.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the undersigned have set their hands effective as of the Effective Date set
      forth above.

    

    
      	
               

            	
              SELLERS:

               

              /s/
                Michael Chavez

            

    

    
      	
               

            	
              Michael
                Chavez, Executive Officer

            

    

     

    
      	
               

            	
              /s/
                Arthur Stone

              
                Arthur
                  Stone

              

            

    

     

    
      	
               

            	
              /s/
                David M. Loev

              David M. Loev

               

               

              PURCHASER:
                

                MV
                  EQUITY PARTNERS, INC.

                

                

                By:
                  /s/ Robert Hersch

                Robert
                  Hersch, President

              

            

    

    

    

    

          

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SCHEDULE
      A

    
 

    

    
      
        	
                Name

              	
                Address

              	
                No.
                  of AMCC Shares

              
	 	 	 
	
                Michael
                  Chavez

              	
                8601
                  Ranch Road 222 Bldg. 1

              	
                170,000

              
	 	
                Suite
                  210

              	 
	 	
                Austin,
                  Texas 78730

              	 
	 	 	 
	
                Arthur
                  Stone

              	 2311
                Westrock #1	
                170,000

              
	 	
                Austin,
                  Texas 78704

              	 
	 	 	 
	
                David
                  M. Loev

              	
                6300
                  West Loop South, Suite 280

              	
                170,000

              
	
              	
                Bellaire,
                  Texas 77401

              	 

      

    

     

    PURCHASE
      PRICE

    ALLOCATION

    

    
      
        	 	 
	
                Michael
                  Chavez

              	
                One-third
                  of the purchase price

              
	 	 
	
                Arthur
                  Stone

              	
                One-third
                  of the purchase price

              
	 	 
	
                David
                  M. Loev

              	
                One-third
                  of the purchase price

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