Agreement Extending Closing Date

THIS AGREEMENT dated as of Effective Date of Agreement (ie. July 1, 2000) between Name
of Party 1 as in Original Agreement (the “1st Party”) and Name of Party 2 as in Original
Agreement (the “2nd Party”).

WHEREAS:

(A) By a Describe Agreement which is the subject matter of this Agreement Extending Closing
Date (ie. Stock Purchase Agreement) dated Date of Agreement which is the subject
matter of this Extension Agreement (the “Original Agreement”) the 1st Party and the 2nd
Party entered into an agreement relating to Brief Description of Nature of Original
Agreement (ie. the sale of Stock in ABC Corporation from the 1st Party to the 2nd Party);

(B) The Original Agreement provided that the transactions contemplated by the Original
Agreement were to have been completed on or before Date on which transactions
contemplated by Original Agreement were originally intended to be completed (ie.
December 31, 2000);

(C) The parties wish to extend the date for completing the transactions contemplated by the
Original Agreement to Extended Date on which transactions contemplated by Original
Agreement are to be completed (ie. August 1, 2001);

NOW THEREFORE in consideration of the premises and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as
follows:

1.The parties agree that the recitals above are true and correct in all material respects.

2.The parties agree that the Original Agreement is hereby modified and amended by extending the
date for completing the transactions contemplated by the Original Agreement to Extended Date
on which obligation to be performed (ie. August 1, 2001).

3.The parties hereby confirm that (i) all other terms and conditions of the Original Agreement are
in full force and effect, unamended except as expressly provided in this Agreement; and (ii) time
shall remain of the essence.

4.This Agreement may be executed in one or more counterparts, each of which when so executed
shall be deemed to be an original and such counterparts together shall constitute one and the same
instrument.

5.The parties acknowledge that this Agreement may be negotiated and transmitted between the
parties by means of a facsimile machine and that the terms and conditions agreed to are binding
upon the parties. Upon the Agreement being accepted, copies of the facsimile will be validated by
both parties forthwith.
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IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date
first above written.

Witness 1st Party

Witness 2nd Party