ADDENDUM TO LOAN AGREEMENT August 1, 2007Loan Agreement • August 14th, 2007 • Renewable Energy Resources Inc • Electric services
This Addendum to the Loan Agreement entered into on July 27, 2007, is hereby agreed to by (hereinafter collectively the “Lender”) and Renewable Energy Resources, Inc. (hereinafter the “Borrower”), for the use of $100,000 of the loan for the Operations of Borrower related to its pending SEC 10Q filing and ultimate beneficiary, the Springfield Energy Project. This addendum is entered into between the parties, being the Lender and the Borrower, only for the purpose and amount stated and shall not change any other portion, content, or condition of either party to the original loan agreement. This addendum does not change the loan amount, term of the loan, payment of interest, repayment, prepayment, shares from borrower, loan guarantee with permission of the guarantor, events of default clauses, remedies, collections, venue and jurisdiction, right of first refusal of the Lender or commitment of the Lender for the loan as set forth in the original agreement the whole amount of the transacti
LOAN AGREEMENTLoan Agreement • August 14th, 2007 • Renewable Energy Resources Inc • Electric services • Florida
This Loan Agreement is hereby made between, (hereinafter collectively the "Lender") and Renewable Energy Resources, Inc. (hereinafter the "Borrower"), and Mercatech Private Equity Management, Ltd., and Mercatech, Inc., (“Guarantor”) as of this 31 day of July 2007 (the “Loan Date”)
