Addendum to Acquisition Agreement by and Between American Diversified Energy, LLC and Renewable Energy Capital, LLC, Dated December 14th, 2017
Exhibit 6.2
Addendum to Acquisition Agreement by and Between American Diversified Energy, LLC and Renewable Energy Capital, LLC, Dated December 14th, 2017
This addendum (the “Addendum”) is entered into as of December 20, 2017, by and between American Diversified Energy, LLC, a Delaware Limited Liability Company (“ADE”) and Renewable Energy Capital, LLC, a Florida Limited Liability Company (“REC”).
ADE has completed it’s due diligence of the Project Site and determined that there is only enough area on the rooftop to accommodate a 500KW solar system. As a result, the following changings have been agreed to by both Parties and are being made to the Acquisition Agreement dated December 14, 2017.
Instead of the first payment of Seventy Five Thousand Dollars ($75,000) to be paid to REC. The first payment will be paid to the following schedule:
Twenty-Five Thousand Dollars ($25,000) to be paid into REC’s Xxxxx Fargo Bank, N.A. account on December 21, 2017.
Adjustment to final payments to be based on .30 per DCwatt increase or decrease.
Xxxxx Fargo Bank, N.A.
Routing Number: XXXXXXXXX
Account Number: XXXXXXXXXX
Account Name: Renewable Energy Capital LLC
000 X Xxxxxx, Xxxxx 000
Xxx Xxxxx, XX 00000 XXX
Forty Thousand Dollars ($40,000) to be paid into REC’s attorneys Xxxxxxxx Xxxx XXXX Trust TD Bank account on December 21, 2017.
XXXX Trust TD Bank
Routing Number: XXXXXXXXX
Account Number: XXXXXXX
000 Xxxx 00xx Xxxxxx, Xxxxx 00X XX, XX 00000
IN WITNESS WHEREOF, each ADE and REC has caused the Addendum to be signed by their authorized representatives as of the day and years above written.
/s/ Xxxx Xxxxxx
Xxxx Xxxxxx, President
And Managing Partner ADE
/s/ Xxxx Xxxxx
By: Xxxx Xxxxx Managing Partner, REC
Title: Managing Partner
