AMENDMENT NUMBER TWO To LETTER OF INTENT (“LOI”) DATED APRIL 19, 2005 By and between FAGEN, INC. And E ENERGY ADAMS, LLC
Exhibit 10.10
AMENDMENT NUMBER TWO
To
LETTER OF INTENT (“LOI”)
DATED APRIL 19, 2005
By and between
XXXXX, INC.
And
E ENERGY XXXXX, LLC
To
LETTER OF INTENT (“LOI”)
DATED APRIL 19, 2005
By and between
XXXXX, INC.
And
E ENERGY XXXXX, LLC
This Amendment Number Two is entered into this 5th day of October, 2005, by and
between Xxxxx, Inc., a Minnesota Corporation (“Xxxxx”) and E Energy Xxxxx, LLC, a Nebraska
Limited Liability Company (“Owner).
Anything to the contrary contained in the LOI and Amendment Number One to LOI between the
parties hereto, and in consideration of the mutual promises, covenants, and conditions
contained in the LOI and contained herein, and for other good valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto covenant and
agree that the terms and conditions of this Amendment Number Two shall prevail.
The parties hereto agree as follows:
1. The first paragraph of the LOI is amended and replaced as follows:
Owner is an entity organized to facilitate the development and building of a
locally-owned 50 MGY gas-fired fuel ethanol plant in Xxxxx, Nebraska (the “Facility”
or “Project”).
2. Section 3 of the LOI is amended and replaced as follows:
Xxxxx agrees to Design-Build the Facility, utilizing ICM, Inc. technology in the
plant process, for a lump sum price of $58,883,760.00. This lump sum price shall
remain firm by Xxxxx to Owner until April 1, 2006, and may be subject to revisions
and/or escalation by Xxxxx after such date.
The other provisions of the LOI shall remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment Number Two on the date set
forth above.
E Energy Xxxxx, LLC | Xxxxx, Inc. | |||||||||
By:
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/s/ Xxxx Xxxxxxxx
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By: | /s/ Xxx Xxxxx
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Its:
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President | Its: | CEO & President |