Exhibit 10.21
Amendment to Coal Supply Agreement
This Amendment is entered into effective January 1, 2004, between Southern
Indiana Gas and Electric Company (Buyer) and Vectren Fuels, Inc., f/k/a SIGCORP
Fuels, Inc. (Seller) and evidences as follows:
WHEREAS, on January 19, 2000, Buyer and Seller entered into a Coal Supply
Agreement whereby Seller sells coal produced by the Prosperity Mine to Buyer;
and
WHEREAS, the parties intend to continue this arrangement under the terms of
the Coal Supply Agreement, as amended hereby; and
WHEREAS, in accordance with a 1999 Letter Agreement, Buyer has reviewed the
terms hereof with the OUCC;
NOW, THEREFORE, the Buyer and Seller agree as follows:
1. The parties have renewed the Agreement for an additional two (2) year
period, ending December 31, 2005. Buyer reserves its right to extend the
Agreement through December 31, 2008, subject to the parties' agreement on
pricing for that additional term.
2. The parties agree that Section 6.1 of the Coal Supply Agreement is
superceded and replaced with the following provision:
6.1 Price. The Base Price of fuel per million BTU's delivered to
Buyer's Generating Stations during the term of the Agreement is as follows:
2004 $1.2010 per XXXxx
0000 $1.2615 per XXXxx
0. All other terms and conditions of the Coal Supply Agreement remain
unmodified and will apply throughout the term of the Agreement.
In Witness Whereof, Buyer and Seller have agreed to these terms as
evidenced by the signatures of their authorized representatives set forth below:
VECTREN FUELS, INC. SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
By: /s/ Xxxxx X. Xxxx By: /s/ Xxxxxx X. Xxxxxx
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Xxxxx X. Xxxx Xxxxxx X. Xxxxxx
