LETTER OF INTENT
Dated April 9, 2009
between
FREMONT EXPLORATION, INC.
and
XXXX RESOURCES, INC.
regarding the formation of a
Strategic Alliance
in
Xxxxxxx County, Texas
This Amendment to the April 9, 2009 Letter of Intent (the
?Amendment?) is entered into by Fremont Exploration, Inc.
(?Fremont?) and Xxxx Resources, Inc. (?Xxxx?) to be effective
May 14, 2009. Fremont and Xxxx desire to amend and restate
portions of the Letter of Intent as follows:
1. The words ?on or before May 15, 2009" found in the
fifth paragraph of the Letter of Intent (the
paragraph that begins with the word THEREFORE) are
hereby deleted.
2. The following provision shall be added to the Letter
of Intent as Paragraph 13:
Either Party to this Letter of Intent
may terminate the Letter of Intent at
any time prior to the execution by
both Parties of the definitive
Participation Agreement called for and
described herein above by giving
written notice of its election to
terminate to the other Party.
All other terms and conditions of the Letter of Intent
not specifically modified and restated by this Amendment are
hereby ratified and affirmed by Fremont and Xxxx.
AGREED TO AND APPROVED EFFECTIVE THE 14TH DAY OF MAY, 2009
BY:
XXXX RESOURCES, INC. FREMONT
EXPLORATION, INC.
/s/ Xxx Xxxxxx /s/Xxxxxxx Xxxxxxxx
Jag Xxxxxx, President, CEO Xxxxxxx X. Xxxxxxxx,
President
and Director
Date: May 20, 2009 Date: May 20, 2009
