0001104659-01-502303 Sample Contracts

FIRST AMENDMENT TO ADVANCE AGREEMENT
Advance Agreement • October 15th, 2001 • Phoenix Metals Usa Ii Inc • Primary smelting & refining of nonferrous metals

Phoenix Metals U.S.A. II, Inc. (hereinafter “Phoenix Metals”) and Robert F. and Diana L. Flaherty, Inc. (hereinafter “Flaherty”) hereby agree to this first amendment to the Advance Agreement previously executed between the parties on December 1, 1999, with respect to the terms and conditions under which cash advances have been made periodically from Flaherty to Phoenix Metals.

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