Exhibit 99.6
AMENDMENT NO. 4 TO STOCK PURCHASE AGREEMENT
This Amendment No. 4 to Stock Purchase Agreement (“Amendment”) dated as of May 31, 2006, is by and among Clear Choice Financial, Inc., a Nevada corporation (“Purchaser”), Bay Capital Corporation, a Maryland corporation (“Company”), and Paul Bekman and Arlene Bekman (the “Bekmans”), Ben Lyons and Sherry A. Lyons (the “Lyons”), and Stewart Sachs and Nadine Sachs (the “Sachs” and together with Bekmans and Lyons, the “Stockholders”), and Stewart Sachs (the “Stockholders’ Representative”) as agent and attorney-in-fact for the Stockholders.
RECITALS
A. Purchaser, Company, the Shareholders, and the Shareholders’ Representative entered into that certain Stock Purchase Agreement and Plan of Merger dated as of December 9, 2005 (the “Stock Purchase Agreement”).
| B. | The parties desire to amend the Stock Purchase Agreement as provided for herein. |
C. Capitalized terms not otherwise defined here shall have the meanings ascribed to them in the Stock Purchase Agreement.
AGREEMENT
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1. | Section 7.2.6 of the Stock Purchase Agreement is hereby amended and restated as follows: |
| (c) | Each required employee will receive 300,000 unrestricted shares of, $.0001 par value stock, and no assigned cash consideration value, within 15 days after the closing. |
2. Except as specifically amended hereby, the Stock Purchase Agreement shall remain in full force and effect and is hereby ratified and confirmed.
3. This Amendment may be executed in counterparts or by facsimile, each of which shall be deemed an original, and all of which together shall constitute one agreement binding on the parties hereto.
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SIGNATURE PAGE—AMENDMENT NO. 4 TO STOCK PURCHASE AGREEMENT
IN WITNESS WHEREOF, Purchaser, Company, the Stockholders, and the Stockholders’ Representative have signed or caused this Amendment to be signed by their respective officers thereunder duly authorized, all as of the date first written above.
NATIONWIDE FINANCIAL SOLUTIONS, INC. By /s/ Darren R. Dierich ———————————— Its Chief Financial Officer | BAY CAPITAL CORPORATION By /s/ Stewart D. Sachs ———————————— Its Shareholder Representative |
STOCKHOLDERS: /s/ Paul Bekman ———————————— PAUL BEKMAN /s/ Arlene Bekman ———————————— ARLENE BEKMAN /s/ Ben Lyons ——————————————— BEN LYONS /s/ Sherry A. Lyons ——————————————— SHERRY A. LYONS /s/ Nadine Sachs ——————————————— NADINE SACHS /s/ Stewart Sachs ——————————————— STEWART SACHS | |
SHAREHOLDERS’ REPRESENTATIVE /s/ Stewart Sachs ——————————————— STEWART SACHS | |