Contract
11 Good Energy Sciences, Inc.
0000 Xxxxxx xxxxxxx Xxxxxx X.X., Xxxxx 000
Xxxxxx, XX 00000
September 9, 2011
Xxxxx Xxxxxx, as the Sellers’ Representative
0000-000 Xxx Xxx Xxxxxxx Xx.
Xxx Xxxxx, XX 00000-0000
Re: Stock Purchase Agreement dated July 11, 2011 (the “Agreement”), by and among 11 Good Energy, Inc., a Delaware corporation (“Parent”), 11 Good Energy Sciences, Inc, a Delaware corporation and a wholly-owned subsidiary of Parent (“Buyer”), Kai BioEnergy Corp., a Hawaiian corporation (“Company”) and the Company’s stockholders, namely, Xxxxx Xxxxxx and Xxxxx Xxxxxxxx (such stockholders, collectively, the “Sellers”).
Gentlemen:
Currently, by way of extensions provided for in the letter executed between Buyer and Company on August 31, 2011, the Closing Date in section 2.1 (b) of the above captioned Agreement is September 7, 2011 (the “Closing Date”) and the reference contained in section 8.1(b) of the above captioned Agreement is also September 7, 2011 (the “Termination Date”). This letter shall serve to memorialize our verbal agreement from earlier in the week to provide an extension of the Closing Date and Termination Date until the close of business on September 14, 2011. All other terms and conditions of the Agreement remain unchanged.
11 GOOD ENERGY SCIENCES, INC. | |||
By: | /s/ Xxxx X. Xxxxx | ||
Xxxx X. Xxxxx, COO | |||
Sellers’ Representative | |||
By: | /s/ Xxxxx Xxxxxx | ||
Xxxxx Xxxxxx, as Seller’s Representative |