Attached files
file | filename |
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8-K - Stalar 1, Inc. | eps5582.htm |
EX-99.2 - Stalar 1, Inc. | ex99-2.htm |
Exhibit 99.1
Steven R. Fox, DDS
317 Madison Ave Suite 1520
New York, NY 10017
March 17, 2014
Dr. Steven Rosenfeld
P O Box 1321 Lenox Hill
New York, NY 10021
Re: Stalar 1, Inc.
Dear Steven:
This first amendment to that certain letter agreement effectively dated October 11, 2013 (the “Original Letter Agreement”), is to confirm our further agreements, as follows:
1. | The parties hereto agree that paragraph number 2. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
2. | Steven Rosenfeld agrees to purchase 1,022,250 shares (the “Shares”) of Steven Fox’s shares of Stalar 1, at a per share purchase price equal to the par value of such shares, or $1,022.25 in the aggregate (the “Purchase Price”). |
2. | The parties hereto agree that paragraph number 4. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
4. | Following the transfer of the Shares as contemplated herein, Steven Rosenfeld shall hold approximately 50.00% of the currently issued and outstanding capital stock of Stalar 1. |
3. | The parties hereto agree that paragraph number 5. of the Original Letter Agreement is hereby amended and restated, in its entirely, as follows: |
5. | Steven Rosenfeld, as additional consideration for such Shares, hereby agrees to reimburse Steven Fox for 50% of the operating expenses of Stalar 1, and such funding will continue for the foreseeable future and until altered by mutual written consent of the parties hereto. |
ACCEPTED AND AGREED, this 17th day of March, 2014.
/s/ Steven Fox | /s/ Steven Rosenfeld | ||
Steven Fox | Steven Rosenfeld |