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Amendment No. 1 To Asset Purchase

This is an actual contract by Aasche Transportation Services.

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Sectors: Transportation
Effective Date: January 02, 1998
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AMENDMENT NO. 1
TO
ASSET PURCHASE AGREEMENT


THIS AMENDMENT NO. 1 (the "AMENDMENT") to the ASSET PURCHASE AGREEMENT is made and entered into as of this 2nd day of January, 1998 by and between Jack Gray Transport, Inc., an Indiana corporation ("JGT"), Gary I. Goldberg ("GOLDBERG") and Aasche Transportation Services, Inc., a Delaware corporation ("AASCHE").


RECITALS


A. JGT and Goldberg entered into that certain Asset Purchase Agreement dated as of September 24, 1997 (the "AGREEMENT").


B. Goldberg assigned certain of his rights and interests in the Agreement to Aasche pursuant to a certain Assignment of Asset Purchase Agreement dated as of September 29, 1997 which Assignment was consented to by JGT by a consent dated as of October 15, 1997.


C. In view of the complicated nature of the financing, additional time is required to prepare and negotiate the lending documents.


D. The parties hereto desire to extend the time for Closing the transaction in the manner set forth in this Amendment.


TERMS


NOW, THEREFORE, in consideration of the foregoing Recitals and the mutual promises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, JGT, Goldberg and Aasche agree as follows:


1. All defined terms shall have the meaning ascribed to them in the Agreement.


2. Aasche agrees to pay
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