Addendum to the loan agreement dated 02/03/2006 Extension LOAN AGREEMENT
(Euro 90,000)
Addendum to the loan agreement dated 02/03/2006
Extension
between
DTB Patente GmbH
Represented by Managing Director
Rainer Rotthäuser
Goethestrasse 59, 45721 Haltern am See
- in the following referred to as lender -
and
EDI Exploration Drilling International GmbH,
represented by
the Managing Director
Xxxxxx Xxxxxxxx
Goethestrasse 59, 45721 Haltern am
See
- in the following referred to as borrower -
Effective immediately, the loan agreement, to which this addendum applies, is changed in § 2 paragraphs 2 and 3 as follows:
§ 2 Interest, term and repayment of loan
1. |
The interest payable on the loan shall be 6.0 percent p.a. | |
2. |
The term shall be extended by 9 | |
3. |
The loan shall be repaid on 31/12/2008 into the lender’s account. |
All other provisions of the agreement shall remain unchanged and valid.
Haltern, 28/02/2008
[Signature] | ||
DTB Patente GmbH | EDI Exploration Drilling International GmbH | |
- Lender - | - Borrower - |
[File name]