Letter Agreement Extending Due Date of $50,000,000 Note between FCStone Financial, Inc. and Lender
This letter agreement, dated February 25, 2004, is between FCStone Financial, Inc. and the lender, confirming the extension of the due date for a $50,000,000 loan originally due on February 28, 2003. The new due date is March 1, 2005. All other terms and conditions of the original note remain unchanged. The agreement is signed by the lender's representative, Bert Johnson.
Exhibit 10.19
6400 N. W. 86th St., Johnston, IA 50131-6650
Date: February 25, 2004
Robert V. Johnson
FCStone Financial, Inc.
2829 Westown Parkway
West Des Moines, IA 50266
Dear Bob,
| Reference: | FCStone Financial, Inc. Note Dated: April 15, 2002 Amount: $50,000,000 Original Due Date: February 28, 2003 New Due Date: March 1, 2005 |
The Note(s) referenced above provide a provision whereby the loan may be extended for another one-year term. Notice is hereby given that Due Date on the $50,000,000 loan commitment has been extended to March 1, 2005. All other terms and conditions remain unchanged.
| Sincerely, |
| /s/ BERT |
| Bert Johnson Agribusiness Portfolio Manager |
