Addendum to Loan Agreement Between Günter Thiemann and EDI Exploration Drilling International GmbH (June 25, 2008)
This addendum modifies a previous loan agreement between Mr. Günter Thiemann (Lender) and EDI Exploration Drilling International GmbH (Borrower). The main change is an extension of the loan term by approximately eight months, with the new repayment date set for March 31, 2009. All other terms of the original agreement remain unchanged. The addendum is effective immediately as of June 25, 2008.
Addendum to the loan agreement dated 08/06/2005
Extension
LOAN AGREEMENT
between
Mr. Günter Thiemann
Käthe-Kollwitz-Strasse 23
33428 Harsewinkel
- in the following referred to as Lender -
and
EDI Exploration Drilling International GmbH,
represented by the Managing Director [Geschäftsführer]
Christian Runge
Goethestrasse 59, 45721 Haltern am See
- in the following referred to as Borrower -
The loan agreement, to which this addendum applies, is changed, effective immediately, in Section 2 paragraphs 2 and 3 as follows:
Section 2 Interest, term and repayment of loan
2. | The term shall be extended by approx. 8 months and ends on March 31, 2009. | |
3. | The loan shall be repaid on March 31, 2009 into the Lenders account. |
All of the other provisions remain unchanged and valid.
Haltern, on June 25, 2008
[Signature] | ||
EDI Exploration Drilling International Rotthäuser | ||
Günter Thiemann | Christian Runge, Managing Director | |
- Lender - | - Borrower - | |
[File name] |