AMENDMENT
TO
STOCK PURCHASE AGREEMENT
The Stock Purchase agreement dated as of February 27, 1998, by Henry Company, a
California corporation ("Buyer") and the individuals listed on Schedule A
thereto ("Sellers"), is hereby amended as follows:
Section 2.3 is hereby amended to read as follows:
"2.3 CLOSING:
The purchase and sale (the "Closing") provided for in this
Agreement will occur at the offices of Munger, Tolles & Olson as soon
as possible following the satisfaction of all conditions hereto but
not later than April 24, 1998."
Section 9.1(d) is hereby amended to replace "April 7, 1998" with
"April 24, 1998."
IN WITNESS WHEREOF, the parties have executed and delivered this
Amendment to Stock Purchase Agreement as of the date first written above.
BUYER:
HENRY COMPANY, a California corporation
By: /s/ Richard B. Gordinier
-----------------------------------
Its: President
-----------------------------------
SELLERS:
/s/ Joseph Mooney, Jr.
----------------------------------------
Joseph T. Mooney, Jr.
Page 1
/s/ E. P. Mooney
----------------------------------------
Edward P. Mooney
*
----------------------------------------
James F. Stewart
*
----------------------------------------
Larry A. Karasiuk
*
----------------------------------------
Joseph T. Mooney III
*
----------------------------------------
Charles J. Mooney
*
----------------------------------------
Stephen E. Mooney
*
----------------------------------------
James E. Mooney
*
----------------------------------------
Lisa M. Brock
*
----------------------------------------
Patricia A. Dever
*
----------------------------------------
Edward P. Mooney, Jr.
*
----------------------------------------
Susan S. Bruce
Page 2
*
----------------------------------------
Michael J. Mooney
*
----------------------------------------
Maureen Mooney
*
----------------------------------------
Luke A. Mooney
Canadian Venture Capital
By: *
-----------------------------------
Its: *
-------------------------------
*
----------------------------------------
Kathleen A. Stewart
*
----------------------------------------
James R. M. Stewart
*
----------------------------------------
Mark J. C. Stewart
*
----------------------------------------
Barbara Karasiuk
*
----------------------------------------
Yves Pare
*
----------------------------------------
Lionel Borenstein
*
----------------------------------------
Manfred Sassner
Page 3
Waywell Management
By: *
------------------------------------
Its: *
-----------------------------------
*
----------------------------------------
Robert S. Zalkowitz
______________
* By Power of Attorney, a copy of which is attached.
/s/ Joseph Mooney, Jr. , as attorney in fact
- ----------------------------
Joseph T. Mooney, Jr.
/s/ E. P. Mooney , as attorney in fact
- ----------------------------
Edward P. Mooney
Page 4