Cal Alta Auto Glass, Inc.
#0, 0000 Xxxxxxxx Xxxxx, X.X.
Calgary, Alberta T2E T1
March 5, 2008
Xx. Xxxx Xxxx, Chairman
& The Board of Directors of
Energy One Resource Services Inc.
Suite 1000, Bankers Hall West
000 - 0xx Xxxxxx, X.X.
Calgary, Alberta T2P 5L5
RE: Second Extension of Letter
of Intent - Proposed Take-over
Bid for the shares of Energy
One Resource Services Inc.
Gentlemen:
Let this Letter serve as our mutual agreement
to further extend the time period set forth in our
Letter of Intent and the Extension of Letter of Intent,
both as previously executed between Cal Alta
Auto Glass, Inc. and Energy One Resource Services,
Inc. so that, as further extended, the time
period for the planned closing of the Acquisition
(as defined in the Letter of Intent and the
Extension to the Letter of Intent of October 10,
2007) shall be extended from March 10, 2008 for an
additional six (6) month period to August 10, 2008
(the "Additional Revised Closing Date") at
which time the Definitive Agreements shall be executed.
In executing this Second Extension of the Letter
of Intent (the "Second Extension of the
Letter of Intent"), we both agree that all of the terms
and conditions of the Letter of Intent shall
continue through to the Additional Revised Closing Date.
If this Extension of the Letter of Intent properly
sets forth our mutually agreeable
understanding with respect to the above matters, please
so indicate by executing this Second
Extension of the Letter of Intent in the space provided
below, and return a copy of such original to
Xxxxx Xxxxxx at your earliest convenience (via fax at
(000)000-0000) with a second copy to the
Buyer's counsel, Law Offices of Xxxxxxx X. Xxx via
fax at 000-000-0000.
Very truly yours,
CAL ALTA AUTO GLASS, INC.
Date:
Per:
Xxxxx Xxxxxx, President
ENERGY ONE RESOURCE
SERVICES INC.
Date:
Per:
Xxxx Xxxx, Chairman
[SIGNATURE PAGE TO SECOND EXTENSION OF LETTER OF INTENT
OF MARCH 5, 2008]
1
VER #2:03-03-2008
