Addendum to the Loan Agreement dated May 4, 2006 Extension LOAN AGREEMENT
Addendum to the Loan Agreement dated May 4, 2006
Extension
between
Xx. Xxxxxx Xxxxxxxx
Xxxxx-Xxxxxxxx-Xxxxxxx 00
00000
Harsewinkel
- in the following referred to as Lender -
and
EDI Exploration Drilling International GmbH,
represented by
the Managing Director
Xxxxxxxxx Xxxxx
Goethestrasse 59, 45721 Haltern am
See
- in the following referred to as Borrower -
The loan agreement, to which this addendum applies, is changed, effective immediately, in Section 2 paragraphs 2 and 3 as follows:
Section 2 Interest, term and repayment of loan
| 2. |
The term shall be extended by approximately 7 months and ends on 31/12/2008. | |
| 3. |
The loan shall be repaid on 31/12/2008 into the Lender’s account. |
All of the other provisions of the agreement remain unchanged and valid.
Münster, May 2, 2008
| [Signature] | ||
| Xxxxxx Xxxxxxxx | EDI Exploration Drilling International Rotthäuser | |
| - Lender - | Managing Director, Xxxxxxxxx Xxxxx | |
| - Borrower - |
