Exhibit 10.19
Amendment to Coal Supply Agreement
This Amendment is entered into effective January 1, 2003, 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 1, 1998, Buyer and Seller entered into a Coal Supply
Agreement whereby Seller sells coal produced by the Cypress Creek 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 1997 Letter Agreement, Buyer has reviewed the
terms hereof with the OUCC;
NOW, THEREFORE, the Buyer and Seller agree as follows:
1. In accordance with Section 1.1 of the Coal Supply Agreement, the parties
have renewed the Agreement for the additional five (5) year period, ending
December 31, 2007.
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superceded and replaced with the following provision: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 Coal per million BTU's delivered to
Buyer's X. X. Xxxxxx Generating Station during the term of the Agreement is
as follows:
2003 $1.141 per MMBtu
2004 $1.138 per MMBtu
2005 $1.182 per MMBtu
2006 $1.143 per XXXxx
0000 $1.168 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
----------------------------- ---------------------------------------
Xxxxx X. Xxxx Xxxxxx X. Xxxxxx
