Document:

EXHIBIT 4.2
                                AMENDMENT NO. ONE
                            TO THE WHOLE FOODS MARKET
                             401(k) RETIREMENT PLAN

         WHEREAS,  Whole Foods Market, Inc. ("Employer") adopted the Whole Foods
Market 401(k)  Retirement Plan ("Plan"),  effective as of January 1, 1999, as an
amendment  and  restatement  of a  profit  sharing  plan  which  was  originally
effective on January 1, 1991;

         WHEREAS, the Employer desires to amend the Plan to, among other things:
(i) change the 15% of compensation limitation for purposes of elective deferrals
to an annual limitation, as opposed to a per payroll period limitation; (ii) add
certain participating employers;  (iii) add certain predecessor employers;  (iv)
adjust the vesting  schedule under the Plan to fully vest certain  participants;
(v) freeze contributions and eligibility  effective on or after January 1, 2002;
(vi) exclude from eligibility to participate in the Plan nonresident aliens with
no U.S. source income;  (vii) eliminate  certain optional forms of benefit;  and
(viii)  comply  with  the   requirements   of  the  Internal   Revenue   Service
Restructuring and Reform Act of 1998 and the Community Renewal Tax Relief Act of
2000; and

         WHEREAS,  pursuant to Section 12.1 of the Plan,  the Employer may amend
the Plan.

         NOW,  THEREFORE,  effective as set forth below,  the Plan is amended as
follows:

1.       Effective  January 1,  2001,  Plan  Section  1.15 is amended to add the
         following to the end:

         "Effective  January 1, 2001,  Compensation  shall also include  amounts
         excluded from the gross income of a Participant under section 132(f) of
         the Code."

2.       Effective  January  1,  2000,  Plan  Section  1.19  is  deleted  in its
         entirety, and the following is substituted in its place:

         "[Reserved]."

3.       Effective  January  1,  2000,  Plan  Section  1.21  is  deleted  in its
         entirety, and the following is substituted in its place:

         "[Reserved]."
<PAGE>

4.       Effective  January 14,  2000,  Plan  Section  1.68(a) is deleted in its
         entirety, and the following is substituted in its place:

         "(a)     Each of the following  Affiliated Employers is a Participating
                  Employer:

                  WHOLE FOOD COMPANY, INC.
                  MRS. GOOCH'S NATURAL FOOD MARKETS, INC.
                  THE SOURDOUGH EUROPEAN BAKERY, INC.
                  WHOLE FOODS MARKET CALIFORNIA, INC.
                  WHOLE FOODS MARKET MIDWEST, INC.
                  WFM BEVERAGE CORP.
                  WHOLE FOODS MARKET SOUTHWEST INVESTMENTS, INC.
                  WHOLE FOODS MARKET SERVICES, INC.
                  WHOLE FOODS MARKET SOUTHWEST, L.P.
                  WHOLE FOODS MARKET GROUP, INC. (effective March 17, 1999)
                  ALLEGRO COFFEE COMPANY, INC. (effective October 1, 1998)
                  WHOLEPEOPLE.COM (effective January 14, 2000)"

5.       Effective  December  22, 2000,  Plan Section  1.68(a) is deleted in its
         entirety, and the following is substituted in its place:

         "(a)     Each of the following  Affiliated Employers is a Participating
                  Employer:

                  WHOLE FOOD COMPANY, INC.
                  MRS. GOOCH'S NATURAL FOOD MARKETS, INC.
                  THE SOURDOUGH EUROPEAN BAKERY, INC.
                  WHOLE FOODS MARKET CALIFORNIA, INC.
                  WHOLE FOODS MARKET MIDWEST, INC.
                  WFM BEVERAGE CORP.
                  WHOLE FOODS MARKET SOUTHWEST INVESTMENTS, INC.
                  WHOLE FOODS MARKET SERVICES, INC.
                  WHOLE FOODS MARKET SOUTHWEST, L.P.
                  WHOLE FOODS MARKET GROUP, INC. (effective March 17, 1999)
                  ALLEGRO COFFEE COMPANY, INC. (effective October 1, 1998)
                  NATURE SMART, LLC (effective December 22, 2000)"

6.       Effective  May  15,  2001,  Plan  Section  1.68(a)  is  deleted  in its
         entirety, and the following is substituted in its place:

         "(a)     Each of the following  Affiliated Employers is a Participating
                  Employer:

                  WHOLE FOOD COMPANY, INC.
                  MRS. GOOCH'S NATURAL FOOD MARKETS, INC.
                  THE SOURDOUGH EUROPEAN BAKERY, INC.
                  WHOLE FOODS MARKET CALIFORNIA, INC.
                  WHOLE FOODS MARKET MIDWEST, INC.
<PAGE>

                  WFM BEVERAGE CORP.
                  WHOLE FOODS MARKET SOUTHWEST INVESTMENTS, INC.
                  WHOLE FOODS MARKET SERVICES, INC.
                  WHOLE FOODS MARKET SOUTHWEST, L.P.
                  WHOLE FOODS MARKET GROUP, INC. (effective March 17, 1999)
                  ALLEGRO COFFEE COMPANY, INC. (effective October 1, 1998)"

7.       Effective  April 1, 1999, Plan Section 1.72 is deleted in its entirety,
         and the following is substituted in its place:

         "1.72    Predecessor Employer:
                  --------------------
                  Each of the following employers is a Predecessor Employer:

                  ZEUS ENTERPRISES dba H&M NATURAL GROCERY
                  TEXAS HEALTH DISTRIBUTORS
                  CANA FOODS, INC.
                  BREAD OF LIFE CAMPBELL, INC.
                  BREAD OF LIFE CUPERTINO, INC.
                  UNICORN, LTD.
                  OAKSTREET MARKET, INC.
                  FRESH FIELDS MARKETS, INC. (effective August 30, 1996)
                  ORGANIC MERCHANTS, INC. (effective January 1, 1998)
                  AMRION, INC. (effective October 1, 1998)
                  ALLEGRO COFFEE COMPANY, INC. (effective October 1, 1998)
                  NATURE'S HEARTLAND, INC. (effective April 1, 1999)"

8.       Effective  January  17,  2000,  Plan  Section  1.72 is  deleted  in its
         entirety, and the following is substituted in its place:

         "1.72    Predecessor Employer:
                  --------------------
                  Each of the following employers is a Predecessor Employer:

                  ZEUS ENTERPRISES dba H&M NATURAL GROCERY
                  TEXAS HEALTH DISTRIBUTORS
                  CANA FOODS, INC.
                  BREAD OF LIFE CAMPBELL, INC.
                  BREAD OF LIFE CUPERTINO, INC.
                  UNICORN, LTD.
                  OAKSTREET MARKET, INC.
                  FRESH FIELDS MARKETS, INC. (effective August 30, 1996)
                  ORGANIC MERCHANTS, INC. (effective January 1, 1998)
                  AMRION, INC. (effective October 1, 1998)
                  ALLEGRO COFFEE COMPANY, INC. (effective October 1, 1998)
                  NATURE'S HEARTLAND, INC. (effective April 1, 1999)
                  NATURAL  ABILITIES,  INC., d/b/a FOOD FOR THOUGHT,  (effective
                  January 17, 2000)"
<PAGE>

9.       Effective  January  1,  2000,  Plan  Section  1.84  is  deleted  in its
         entirety, and the following is substituted in its place:

         "[Reserved]."

10.      Effective  October  1,  1998,  Plan  Section  1.96  is  deleted  in its
         entirety, and the following is substituted in its place:

         "1.96    Vested Percentage:
                  -----------------
                  100%  of  each  of the  following  accounts:  Employer  Profit
                  Sharing Contribution  Account,  Employer Matching Contribution
                  Account,  Employer  Qualified Matching  Contribution  Account,
                  Employer Qualified Non-Elective Contribution Account, Employee
                  Elective  Deferral  Account,  and  Employee  Rollover/Transfer
                  Account."

11.      Effective  January  1,  1999,  Plan  Section  1.97  is  deleted  in its
         entirety, and the following is substituted in its place:

         "1.97    Year of Service:
                  ---------------
                  Except where specifically  excluded under this section, all of
         an  Employee's  Years  of  Service  shall  be taken  into  account  for
         eligibility and vesting purposes,  including: (1) Years of Service with
         a Predecessor  Employer described in Section 1.72; (2) Years of Service
         with an employer who was not  described in Section  1.72,  but for whom
         the  Employer  or  Participating  Employer is  obligated  to grant past
         service  credit due to:  (i) the  provisions  of a  purchase  agreement
         executed by the Employer or Participating Employer; or (ii) resolutions
         adopted  by  such  Employer's  or  Participating  Employer's  board  of
         directors;  (3) Years of  Service  for  employment  with an  Affiliated
         Employer;  and (4) Years of  Service  for an  employee  required  under
         section  414(n) or 414(o) of the Code to be  considered  an employee of
         any employer  aggregated with the Employer  pursuant to section 414(b),
         (c), or (m) of the Code."

12.      Effective  December  31, 2001,  Plan  Section  2.1(a) is deleted in its
         entirety, and the following is substituted in its place:

         "(a)  Eligibility  to  participate  in  the  Plan  is  extended  to all
         Employees of the Employer and all Employees of Participating  Employers
         who have satisfied the minimum age and service  requirements set out in
         section 2.1(b) or 2.1(c) below; provided, however, that notwithstanding
         any  provision  of this Plan to the  contrary,  effective  on and after
         January  1,  2002,  Employees  who are not  Participants  shall  not be
         eligible to participate in the Plan."

<PAGE>

13.      Effective  January 1, 1999,  Plan  Section 2.1 is amended by adding the
         following new subsection to the end:

         "(e)  Notwithstanding  any provision of this Plan to the contrary,  any
         Employee who is a nonresident  alien who does not receive earned income
         (within the meaning of Code section  911(d)(2))  from the Employer or a
         Participating Employer which constitutes income from sources within the
         United  States  (within the meaning of Code section  861(a)(3))  is not
         eligible to participate in the Plan."

14.      Effective  as of January 1, 2001,  the last  sentence  of Plan  Section
         3.1(a) is deleted in its entirety,  and the following is substituted in
         its place:

         "In no event may any Participant  make Employee  Elective  Deferrals in
         excess of 15% of Compensation for any Plan Year."

15.      Effective  December 31, 2001,  the following new subsection is added to
         the end of Plan Section 3.1:

         "(e)  Notwithstanding any other provision of this Plan to the contrary,
         effective on and after January 1, 2002, no Employee Elective  Deferrals
         may be made to this Plan."

16.      Effective  December 31, 2001,  the following new subsection is added to
         the end of Plan Section 3.2:

         "(c)  Notwithstanding any other provision of this Plan to the contrary,
         effective  on  and  after  January  1,  2002,   no  Employer   Matching
         Contributions  may be made to this  Plan  to  match  Employee  Elective
         Deferrals  contributed  for a Plan Year  beginning  after  December 31,
         2001."

17.      Effective  December 31, 2001,  the following new subsection is added to
         the end of Plan Section 3.3:

         "(c)  Notwithstanding any other provision of this Plan to the contrary,
         effective  on and after  January 1, 2002,  no Employer  Profit  Sharing
         Contributions may be made to this Plan."

18.      Effective October 1, 1998, Plan Section 6.1 is amended to add "Employer
         Profit Sharing  Contribution  Account,  Employer Matching  Contribution
         Account"  after  "Employee  Rollover/Transfer  Account,"  in the  first
         sentence of existing Section 6.1.

19.      Effective  October  1,  1998,  Plan  Section  6.2(c) is  deleted in its
         entirety, and the following is substituted in its place:

         "[Reserved]."

<PAGE>

20.      Effective  January  1,  2001,  Plan  Section  7.5(a) is  deleted in its
         entirety, and the following is substituted in its place:

         "(a) Subject to any applicable joint and survivor annuity requirements,
         the requirements of this section 7.5 shall apply to any distribution of
         a Participant's  Account and will take precedence over any inconsistent
         provisions of this Plan. All distributions required under such sections
         shall  be  determined   and  made  in  accordance   with  the  proposed
         regulations under section 401(a)(9) of the Code,  including the minimum
         incidental benefit requirement of section 1.401(a)(9)-2 of the proposed
         regulations.  Notwithstanding any other Plan provision to the contrary,
         however,  with  respect to  distributions  made on or after  January 1,
         2001, the Plan will apply the minimum distribution requirements of Code
         section  401(a)(9) in accordance with the  regulations  thereunder that
         were proposed on January 17, 2001.  This  provision  shall  continue in
         effect until the last day of the last  calendar year  beginning  before
         the effective date of final regulations under Code section 401(a)(9) or
         such  other  date as may be  specified  in  guidance  published  by the
         Internal Revenue Service."

21.      Effective  January 1, 1999,  Plan Section  7.12(b)(1) is deleted in its
         entirety, and the following is substituted in its place:

         "(1) Eligible Rollover Distribution:  An Eligible Rollover Distribution
         is any  distribution of all or any portion of the balance to the credit
         of the Distributee,  except that an Eligible Rollover Distribution does
         not include:  any distribution that is one of a series of substantially
         equal periodic  payments (not less  frequently  than annually) made for
         the life (or life expectancy) of the Distributee or the joint lives (or
         joint  life  expectancies)  of the  Distributee  and the  Distributee's
         designated beneficiary, or for a specified period of ten years or more;
         any  distribution  to the extent such  distribution  is required  under
         section  401(a)(9) of the Code; any  distribution  made pursuant to the
         provisions  of Plan Section 7.10;  and the portion of any  distribution
         that is not  includible in gross income  (determined  without regard to
         the exclusion for net unrealized  appreciation with respect to employer
         securities)."

22.      Effective October 1, 1998, Plan Section 8.3(a) is amended by adding the
         following to the end:

         "Notwithstanding  any  other  provision  in  this  Section  8.3  to the
         contrary, effective October 1, 1998, for any Plan Year in which this is
         a  Top-Heavy  Plan,  a  Participant  shall be 100% vested in his or her
         account."

23.      Effective January 1, 2000, Plan Section 8.4 is deleted in its entirety,
         and it is not replaced.

<PAGE>

24.      Effective January 1, 1999, Plan Section 9.2(b) is amended by adding the
         following to the end:

         "Benefits  under  this  Plan  will  be paid  only if the  Administrator
         decides in his discretion that the applicant is entitled to them."

25.      Effective  January 1, 1999,  Plan Section 13.5 is amended by adding the
         following to the end:

         "All of the  provisions  of this  Section  13.5 are subject to: (i) the
         requirements of Sections 7.1, 7.2, and 7.3; (ii) the withholding of any
         applicable taxes; and (iii) effective for distributions occurring on or
         after   August  5,  1997,   assignments   permitted   by  Code  section
         401(a)(13)."

         IN  WITNESS  WHEREOF,  Whole  Foods  Market,  Inc.  has  executed  this
Amendment the 31st day of December, 2001.

                            WHOLE FOODS MARKET, INC.

                            By: /s/
                               --------------------------------

                               Its: ________________________FIRST AMENDMENT TO STOCK PURCHASE AGREEMENT

FIRST AMENDMENT TO STOCK PURCHASE AGREEMENT

 

RECITALS

This First Amendment to Stock Purchase Agreement (the "Amendment")
is made as of this 21st day of June, 2002.

Reference is made to that certain Stock Purchase Agreement (the
"Agreement") dated as of February 21, 2002, by and among Capital
Growth Partners, LLC, a Utah limited liability company ("Purchaser"),
United Park City Mines Company, a Delaware corporation (together, with its
Subsidiaries, the "Company"), and those parties set forth on Schedule
A attached thereto (such entities are hereinafter collectively referred to
as "Sellers" and each individually as a "Seller"). All
references herein or in the Agreement to the term "Agreement" shall be
deemed to refer to the "Agreement, as amended".

The parties to the Agreement now seek to amend the Agreement as provided
herein. Capitalized terms not otherwise defined herein shall have the meanings
ascribed to such terms in the Agreement, as amended herein.

AGREEMENT

Purchaser, Sellers and the Company, intending to be legally bound, for good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, and agree as follows:

1. The obligation in Section 7 of the Agreement of the Purchaser to make the
Offer and all provisions in the Agreement that pertain to the Offer are hereby
suspended, subject to the provisions of paragraph 5 below.

2. The definition of "Contemplated Transactions" in Section 13.17
of the Agreement is deleted in its entirety and replaced with the following:
"all of the transactions contemplated by this Agreement, including the
Merger".

3. On the Closing Date (as such date may be extended as provided herein) and
immediately following the Closing, Purchaser will (a) vote the Shares acquired
at the Closing by "Consent" under applicable Delaware law to effect a
statutory merger (the "Merger") pursuant to which (i) the Company
would be the surviving entity and (ii) upon the effective date of the Merger,
the Remaining Shareholders of the Company (other than Purchaser) would receive
"Merger Consideration" defined as an amount equal to $25 per share
minus the "Per Share Expense Reimbursement" which equals (i) the total
fees and expenses paid by Sellers in connection with the Contemplated
Transactions, including, without limitation, all reasonable legal fees and one
half of the Dresdner Fee (as defined in the Agreement) contemplated by Section
13.11(c) of the Agreement, divided by (ii) the total number of shares of the
Company outstanding on the Closing Date (provided that if any Remaining
Shareholder dissents to the Merger, such remaining shareholder shall receive
merger consideration determined pursuant to his or her appraisal rights under
Delaware law); and (b) cause the Company to file with the SEC, pursuant to
applicable securities laws an information statement (the "Information
Statement") and, as soon as practicable after approval by the SEC, to
distribute the definitive Information Statement to the Shareholders of the
Company. The Information Statement will provide that the Merger will become
effective 20 days after the definitive Information Statement is distributed to
the Remaining Shareholders. Any terms defined in this paragraph 3, if used in
the Agreement, shall be deemed to be defined terms in the Agreement.

4. (a) Purchaser shall be responsible for all of its fees and expenses
incurred in connection with the Merger, including any filing fees to the SEC and
all costs associated with such filings, including preparation and dissemination
of the Information Statement. Seller shall be responsible for all fees and
expenses incurred by it (if any), including without limitation Sellers' legal
counsel's review of documentation, in connection with the Merger;

(b) As promptly as practicable on the earliest date following the completion
of the Merger as of which Purchaser is permitted under applicable law to pay the
Merger Consideration to the holders of the Remaining Shares pursuant to the
Merger, Purchaser shall pay such Merger Consideration; and

(c) Notwithstanding anything to the contrary contained in the Agreement,
Purchaser shall not (without the prior written consent of Sellers and the
Company): (i) fail to consummate the Merger; (ii) reduce the number of Remaining
Shares subject to the Merger; (iii) reduce the Merger Consideration to be paid
pursuant to the Merger; (iv) change the form of consideration payable in the
Merger; or (v) amend, modify or supplement any of the terms of the Merger in any
manner adversely affecting any of the holders of Remaining Shares.

5. If for any reason the Merger is not consummated, and the Remaining
Shareholders do not receive the Merger Consideration (other than dissenting
shareholders who will receive merger consideration determined pursuant to their
appraisal rights under Delaware law), by the date which is 45 days after the
Closing Date (the "Merger Completion Date"), all provisions in the
Agreement pertaining to the Offer shall be reinstated as of the Merger
Completion Date and the Offer shall be commenced (and the terms of paragraphs 2,
3, 4 (but not paragraph 4(a)), 7, 8 and 9 herein shall be null and void) in
accordance with the terms hereof. If such Offer required to be commenced by the
preceding sentence herein is not commenced within 20 days of the Merger
Completion Date or if the Purchaser does not purchase at the conclusion of the
Offer all shares validly tendered (and not validly withdrawn by the holders of
such shares) in accordance with the terms of the Offer, unless the Purchaser is
prevented from doing so as a result of a Proceeding, then Loeb acting in its
discretion on behalf of Sellers, shall be entitled to the rescission rights set
forth in, and subject to the terms and conditions of, Section 7.6 of the
Agreement.

6. The first two sentences of Section 6.4(a) of the Agreement are hereby
deleted, except that the definition of Acquisition Proposal shall remain solely
for the purposes of using such defined term in the remainder of Section 6.4(a)
of the Agreement and other places where it may appear in the Agreement.

7. In the first sentence of Section 7.2 of the Agreement, the word
"Offer" is deleted and replaced by the word "Merger". The
last two sentences of Section 7.2 are hereby deleted.

8. The first sentence of Section 7.5 is deleted and replaced with the
following: "Upon the completion of the Merger, Purchaser shall pay to
Sellers an amount in cash equal to (i) the Per Share Expense Reimbursement,
multiplied by (ii) the number of Remaining Shares." The last sentence of
Section 7.5 of the Agreement is deleted and replaced with the following:
"Such payment shall be made by Purchaser promptly upon completion of the
Merger."

9. In section 13.11(c), the phrase "tendered pursuant to the Offer"
is deleted and replaced with the phrase "extinguished in the Merger in
exchange for the Merger Consideration".

10. Section 2 of the Agreement is deleted and hereby replaced with the
following, subject to the provisions of Section 12 herein:

  
    "The closing of the transactions contemplated by
    Sections 1 and 3 (the "Closing") shall be held at the
    offices of Holme Roberts & Owen LLP, 111 East Broadway, Suite 1100 in
    Salt Lake City, Utah, or at such other place as may be jointly designated by
    Purchaser and Sellers, which Closing shall be held on the date (the "Closing
    Date") which is the date which is the later of (a) the date that is
    July 19, 2002 or (b) if a Proceeding is initiated as described in Section
    8.4 (an "Extension Event") prior to or on July 19, 2002,
    the date that is the earlier of (i) ten business days following the date of
    the final disposition of the Extension Event, (ii) 90 days after the date of
    initiation of the Extension Event, or (iii) 238 days after the date of this
    Agreement (both (a) and (b), the "Initial Closing Date Deadline");
    provided, however, that Purchaser may, at its election, postpone the
    Closing Date (a "Postponement") by 30 days after the
    Initial Closing Deadline (the "Postponement Period") upon
    written notice to Sellers and further provided that Purchaser may,
    further postpone the Closing Date by electing a Second Postponement and a
    Third Postponement, both as defined in the First Amendment to Stock Purchase
    Agreement dated as of June 21, 2002, pursuant to the terms of such First
    Amendment. If an Extension Event is initiated within the Postponement
    Period, the Closing Date shall be postponed until the earlier of (a) 268
    days after the date of this Agreement or (b) the later of (i) 30 days after
    the beginning of the Postponement Period, (ii) 10 days after the final
    disposition of the Extension Event or (iii) 90 days after the date of
    initiation of the Extension Event. If an Extension Event is initiated within
    the period of the Second Postponement, the Closing Date shall be postponed
    until the earlier of (a) 270 days after the date of this Agreement or (b)
    the later of (i) 15 days after the beginning of the period of the Second
    Postponement, (ii) 10 days after the final disposition of the Extension
    Event or (iii) 90 days after the date of initiation of the Extension Event.
    If an Extension Event is initiated within the period of the Third
    Postponement, the Closing Date shall be postponed until the earlier of (a)
    270 days after the date of this Agreement or (b) the later of (i) 15 days
    after the beginning of the period of the Third Postponement, (ii) 10 days
    after the final disposition of the Extension Event or (iii) 90 days after
    the date of initiation of the Extension Event."

     

     

  

Section 2, as amended, is intended to be interpreted
consistent with the provisions of Section 12 hereof.

 

11. All other dates in the Agreement are hereby amended to
conform to the changes set forth in Section 10 above and Section 12 below. All
references to "the Postponement Period" in Section 3 shall be deleted
and replaced with "the Postponement Period (including the period of the
Second Postponement, if such Second Postponement has been elected and the period
of the Third Postponement, if such Third Postponement has been elected)".

 

12. A. Upon execution of this Amendment by all parties hereto, Purchaser
agrees that:

(i) Sellers' Representative (as defined in the Deposit Agent Agreement
dated as of February 21, 2002 (the "Deposit Agreement") among the
Purchaser (as defined in the Deposit Agreement), the Sellers (as defined in the
Deposit Agreement), the Sellers' Representative (as defined in the Deposit
Agreement) and the Deposit Agent (as defined in the Deposit Agreement)) may
submit a Sellers' Disbursement Notice (as defined in the Deposit Agreement) in
the amount of $250,000 (the "Initial Deposit") and that Purchaser will
not file an Objection Notice to such Sellers' Disbursement Notice, thereby
allowing said Initial Deposit to be distributed to Sellers, which Initial
Deposit shall be nonrefundable as provided in Section 12(B) herein. In
furthering the provisions of this subsection, such Deposit Agent shall promptly
disburse such $250,000 to Seller's Representative on behalf of the Sellers and
the parties shall execute any documentation necessary to accomplish the
foregoing, including a notice from Purchaser to the Deposit Agent waiving the
7-day waiting period in relation to this $250,000, and the Deposit Agent shall
distribute such $250,000 as soon as practicable. Purchaser will countersign
Sellers' Disbursement Notice with respect to such $250,000 and will confirm in
writing that it will not file an Objection Notice with respect to such $250,000.

(ii) the Deposit (as defined in the Agreement) shall be reduced by the amount
of the Initial Deposit to the amount of $1,250,000, plus interest, and shall be
governed by the provisions of the Agreement (as amended by this Amendment);

B. The Initial Deposit (of $250,000) shall be nonrefundable and shall be the
property of the Sellers; provided, however, if a Closing occurs and Purchaser
(or an affiliate of Purchaser) purchases the Shares from Sellers, the Initial
Deposit shall be applied to the Purchase Price.

C. If a Postponement has been elected by Purchaser, Purchaser may, on or
before August 19, 2002, elect a further postponement of the Closing Date for an
additional 15 days (the "Second Postponement") by paying Seller's
Representative on behalf of Sellers an additional deposit (the "Second
Postponement Deposit") in the amount of $250,000. If no Closing occurs
within the period of the Second Postponement (unless a Third Postponement,
defined below, is taken), the Second Postponement Deposit shall be nonrefundable
and shall be the property of the Sellers. If a Closing occurs and Purchaser (or
an affiliate of Purchaser) purchases the Shares from Sellers, the Second
Postponement Deposit shall be applied to the Purchase Price.

D. If the Second Postponement has been taken and the Second Postponement
Deposit has been paid, Purchaser may, on or before September 3, 2002, elect a
further postponement of the Closing Date for an additional 15 days (the
"Third Postponement") by paying Seller's Representative on behalf of
Sellers an additional deposit (the "Third Postponement Deposit") in
the amount of $250,000. If no Closing occurs within the period of the Third
Postponement, the Third Postponement Deposit shall be nonrefundable and shall be
the property of the Sellers. If a Closing occurs and Purchaser (or an affiliate)
purchases the Shares from Sellers, the Third Postponement Deposit shall be
applied to the Purchase Price.

13. Section 9 is hereby amended by adding the following subsection 9.5
("Merger"): "On or before the Closing Date, Purchaser will
demonstrate to Sellers that there are sufficient moneys in escrow (the
"Escrow"), with an independent institutional escrow agent, (either in
the form of cash or in the form of a letter of credit) to pay the Merger
Consideration to the Remaining Shareholders upon the closing of the Merger, with
an escrow agreement that has been executed which provides that upon the closing
of the Merger, the Merger Consideration will be released from the Escrow and
paid to the Remaining Shareholders (or set aside for dissenting shareholders)
and that the deed to certain lands (the "Lands") being purchased by
EWRD IX, LLP will be released to such partnership and that there are no other
conditions to the release of the Merger Consideration. As of the Closing Date,
all conditions for the delivery of the deed pertaining to the Lands and the
related sale of the Lands shall have been satisfied other than the closing of
the Merger, and the deed shall be placed in the Escrow on the Closing Date
(simultaneous with the Closing). If the Merger does not close and the Purchaser
makes an Offer, as set forth in Section 5 herein, monies in the Escrow shall be
applied to the Offer."

14. Subsection 11.2(a) is hereby amended (a) by inserting after the words
"cause to be returned" the words "or provided, as
applicable" and (b) by inserting after the word "information" at
the end of the subsection, the words: "and any informational projections or
reports prepared by or for Purchaser or its professionals relating to its due
diligence (other than informational projections or reports that are subject to
the attorney/client privilege or the work product privilege and other than
communications among Purchaser's members.)."

15. Except as the provisions thereof may be amended or suspended hereby, the
Agreement shall remain in full force and effect. Except as otherwise provided
herein, the obligations set forth herein shall survive and remain in effect at
the time of and after the Closing.

16. This Amendment shall be construed in accordance with, and governed in all
respects by, the laws of the State of Delaware (without giving effect to
principles of conflicts of law).

17. This Amendment may be signed in counterparts, all of which together shall
constitute one and the same instrument.

 

[THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK.]

Purchaser, Sellers and the Company have caused this Amendment to be executed
by their duly authorized representatives as of June 21, 2002.

CAPITAL GROWTH PARTNERS, LLC

By:  /s/ Gerald A. Jackson

Name: Gerald A. Jackson

Title: Manager

 

LOEB INVESTORS CO. XL

By:  /s/ Joseph S. Lesser

Name: Joseph S. Lesser

Managing Partner

 

LABRADOR PARTNERS, LP

By:  /s/ Stephen Farley

Name: Stephen Farley

Title: General Partner

 

TIVOLI PARTNERS

By:  /s/ Peter I. Kenner

 Name: Peter Kenner

Title: General Partner

 

PETER I. KENNER

By:  /s/ Peter I. Kenner

Name: Peter I. Kenner

 

PETER KENNER CUST

FBO NICHOLAS KENNER

By:  /s/ Peter Kenner

Name: Peter Kenner

Title: Custodian

 

IRA FBO PETER I. KENNER

By:   /s/ Peter I. Kenner

Name:  Peter I. Kenner

Title: Custodian

 

KATHERINE IRENE KENNER TRUST

By:  /s/  Clara Halperin

Name: Clara Halperin

Title: Successor Trustee

 

PETER KENNER CUST

FBO KATHERINE I. KENNER

By:  /s/  Peter Kenner

Name: Peter Kenner

Title: Custodian

 

P. KENNER & B. KENNER TRUST

By:  /s/ Clara  Halperin

Name: Clara Halperin,

Title: Trustee

 

 

PETER KENNER ANNUITY TRUST

By:  /s/ Clara Halperin

Name: Clara Halperin

Title: Trustee

 

UNITED PARK CITY MINES

By:  /s/ Hank Rothwell

Name: Hank Rothwell

Title: President

 

EILEEN FARLEY

/s/ Eileen Farley

Eileen Farley

 

Eileen Farley Trust

By:  /s/ Stephen Farley, Trustee

Name: Stephen Farley

Title: Trustee

 

John Farley Trust

By:  /s/ Stephen Farley, Trustee

Name: Stephen Farley

Title: Trustee

 

J. C. Walter

/s/  J. C. Walter

J. C. Walter

 

T. Y. WONG FOUNDATION

By:  /s/ Eleanor Wong

Name: Eleanor Wong

Title: ______________

 

TRUST f/b/o JOHN S. FARLEY UNDER THE UNIFORM GIFT TO MINORS ACT

By:  /s/ Stephen Farley

Name: Stephen Farley

Title: Guardian

 

TRUST f/b/o GRACE FARLEY UNDER THE UNIFORM GIFT TO MINORS ACT

By:  /s/ Stephen Farley

Name: Stephen Farley

Title: Guardian

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00040-of-00352.parquet"}]]