Amendment to the Contract of the Chinese-Foreign Equity Joint Venture Inner Mongolia Sunrise Petroleum Co. Ltd., Promissory Note, by and between Beijing Jin Run Hang Da Technology Company Ltd. and Inner Mongolia Production Company (HK) Ltd., dated...Amendment to the Contract of the Chinese-Foreign Equity Joint Venture • March 2nd, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • New York
THIS AMENDMENT TO THE CONTRACT OF THE CHINESE-FOREIGN EQUITY JOINT VENTURE INNER MONGOLIA SUNRISE PETROLEUM CO. LTD. AND PROMISSORY NOTE, dated as of December 31, 2009 (this “Amendment”), by and between BEIJING JIN RUN HANG DA TECHNOLOGY COMPANY LTD (“BJHTC”) and INNER MONGOLIA PRODUCTION COMPANY (HK) LTD (“IMPCO HK”), amends (i) that certain Contract of the Chinese-Foreign Equity Joint Venture Inner Mongolia Sunrise Petroleum Co. Ltd., dated October 25, 2006 (the “JV Agreement”), and (ii) that certain Promissory Note, dated November 14, 2006, as amended September 12, 2008, issued by BJHTC to IMPCO HK (as amended, the “Promissory Note”). Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to them in the JV Agreement.
