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 100,000 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 25,000 per month beginning the end of February 2006 and ending on the
30th
day of
August 2006, the final payment being a balloon of monies still owed. 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 Xxx X. Xxxxx of 000 Xxxxxx Xxxxxx, Xxxxxxxxxx,
Xxxx Xxxxxxxx. All other non-conflicting requirements of the original contract
still are in order and stand.
| \s\ Xxx X. Xxxxx | |||
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| Xxx X. Xxxxx |
