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EXHIBIT 2.5
AMENDED AND RESTATED PLAN OF REORGANIZATION
OF
ELEKTRYON
The amended and restated plan of reorganization of Elektryon, a Nevada
corporation ("Transferor"), relating to the transaction contemplated by the
Asset Acquisition Agreement (the "Agreement") to be entered into, by and between
Elektryon and Solo Energy Corporation (the "Acquiror") is as follows:
1. Transferor shall enter into the Agreement.
2. Transferor shall transfer its properties to Acquiror in
accordance with the terms of the Agreement.
3. Following the closing under the Agreement (the "Closing"),
Transferor shall not engage in business and shall proceed to
wind up its affairs and dissolve as expeditiously as possible.
4. Five days prior to the first anniversary of the Closing,
Transferor shall transfer to one or more trusts that qualify as
liquidating trusts under Treasury Regulations section
301.7701-4(d) all of Transferor's assets that it is not feasible
for Transferor to distribute to its shareholders, and shall
distribute the remaining assets to its shareholders.
Dated: June __, 2001
