Addendum to Loan Agreement for EUR 24,000 dated September 19, 2007 between EDI Holding (as lender) and EDI Germany (as borrower) extending the due date to March 31, 2009 dated September 15, 2008 (translated from German to English)

Contract Categories: Business Finance - Loan Agreements
EX-10.72 6 exhibit10-72.htm ADDENDUM TO LOAN AGREEMENT Filed by sedaredgar.com - Exploration Drilling International Inc. - Exhibit 10.72

Addendum to the loan agreement dated 19/09/2007

Extension

LOAN AGREEMENT

between

EDI Exploration Drilling International Holding GmbH
Represented by the Managing Director [“Geschäftsführer”]
Günter Thiemann
Goethestrasse 61
45721 Haltern am See

- 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. 6 months and ends on March 31, 2009.

  3.

The loan shall be repaid on March 31, 2009 into the Lender’s account.

All other provisions remain unchanged and valid.

Haltern, on September 15, 2008

[Signature]    
     
EDI Holding GmbH   EDI GmbH
Günter Thiemann   Christian Runge
- Lender -   - Borrower -
     
     
[File name]