Form: 8-K

Current report filing

December 21, 2005

Published on December 21, 2005

DIGICORP

December 20, 2005


Rebel Crew Films, Inc.
4143 Glencoe Ave.
Marina Del Ray, CA 90292
Attn: Jay Rifkin
Cesar Chatel

RE: Stock Purchase Agreement dated as of December 20, 2005 among
Digicorp, Rebel Crew Films, Inc., Rebel Holdings, LLC and Cesar
Chatel (the "Agreement")

Gentlemen:

The letter agreement is being delivered in connection with the execution
of the above-referenced Agreement. All capitalized terms not defined herein
shall have the meanings ascribed to such terms in the Agreement. The Agreement
requires that certain disclosures relating to Rebel Crew Films, Inc. and
Digicorp be contained in Company Disclosure Schedules and Purchaser Disclosure
Schedules, respectively. The undersigned hereby agree that the Company
Disclosure Schedules and the Purchaser Disclosure Schedules shall be delivered
to the respective parties, in such form as is reasonably acceptable to Digicorp
(with respect to the Company Disclosure Schedules) and Rebel Crew Films, Inc.
(with respect to the Purchaser Disclosure Schedules), on or prior to the Closing
Date. There shall be no disclosure in the Company Disclosure Schedules which, in
the opinion of the Purchaser, does or may have a Material Adverse Effect on the
Company, and there shall be no disclosure in the Purchaser Disclosure Schedules
which, in the opinion of the Company or the Sellers, does or may have a Material
Adverse Effect on the Purchaser.

If the foregoing accurately summarizes our mutual agreement, please
indicate your approval of same by signing this letter in the space provided on
the following page and returning same to me together with a signed copy of the
Agreement.

Sincerely,

DIGICORP


By: /s/ William B. Horne
---------------------------------
William B. Horne,
Chief Executive Officer


Rebel Crew Films, Inc.
Rebel Holdings, Inc.
Mr. Cesar Chatel
Page 2 of 2
December 20, 2005


ACCEPTED AND AGREED TO:

REBEL CREW FILMS, INC.


By: /s/ Cesar Chatel
--------------------------------
Cesar Chatel,
President

SELLERS:

REBEL HOLDINGS, LLC


By: /s/Jay Rifkin
--------------------------------
Jay Rifkin,
Managing Member

/s/ Cesar Chatel
- ----------------------------------
Cesar Chatel