AMENDMENT TO A STOCK TRANSFER CONTRACT
AMENDMENT
TO A STOCK TRANSFER CONTRACT
This
amendment to a stock transfer contract dated September 3, 2005 is hereby amended
to have all payments still due to be extended to June 30, 2006. This contract
is
extended due to certain funds not becoming available to pay off the existing
note. A total of 250,000 has been paid to date and it is the position of
Indigo-Energy that it will pay off the note by June 30, 2005 if not before
that
date.
We
expect
to pay 50,000 per month beginning the end of February 2006 and ending on the
30th
day of
June 2006. Accelerated payment can and probably will occur and the note will
be
paid off early.
This
modification is given this 28th
day of
January 2006 under the hand of Xxxxx X. Xxxx, IV of Fairfax, Virginia. All
other
non-conflicting requirements of the original contract still are in order and
stand.
\s\Xxxxx X. Love IV | |||
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Xxxxx X. Love IV |