AMENDMENT TO STOCK TRANSFER AGREEMENT DATED SEPTEMBER 3, 005 AND AMENDMENT TO STOCK TRANSFER CONTRACT DATED JANUARY 28,
AMENDMENT
TO
STOCK
TRANSFER AGREEMENT DATED SEPTEMBER 3, 005
AND
AMENDMENT
TO STOCK TRANSFER CONTRACT DATED JANUARY 28,
2006
This
Amendment to a Stock Transfer Contract dated September 3, 2005, and to an
Amendment to A Stock Transfer Contract dated January 28th,
2006
(Agreements) between Indigo-Energy, Inc., successor to Indigo Land and
Development, Inc. (Company) and Xxxxx X. Love IV (Shareholder), and is hereby
amended to acceptance of a payment schedule from the Company to Shareholder
as
follows:
|
Payment
Amount
|
||||
|
July
5, 2006
|
$
|
25,000
|
||
|
August
1, 2006
|
$
|
50,000
|
||
|
September
1, 2006
|
$
|
50,000
|
||
|
$
|
50,000
|
|||
|
TOTAL
|
$
|
175,000
|
||
Should
there be any cause or problem with the above payment schedule being paid to
Shareholder by Indigo-Energy, Inc. then Shareholder will retain any and all
monies paid to him as liquidated damages and get back his stock initially sold
to the Treasuary.
Receipt
of final payment (October 1, 2006 total dollars paid $175,000) in accordance
to
the above schedule will constitute payment in full for all claims from the
above
referenced Agreements and any and all claims of any nature by Shareholder
against Company and satisfy all of the requirements of the Agreements in
full
| \s\ Xxxxx X. Love IV | 7-5-06 | ||
|
|
date | ||
| Xxxxx X. Love IV, and individual |
| Accepted by the Company: | |||
| \s\ Xxxxx X. Xxxxxx | 7-5-06 | ||
|
|
date | ||
| Xxxxx X. Xxxxxx, President |
