Letter Agreement Extending Maturity Date of $96,000,000 Note Between Deere Credit, Inc. and FCStone Financial, Inc.
Deere Credit, Inc. and FCStone Financial, Inc. have agreed to extend the due date of a $96,000,000 note originally due on March 1, 2007, to March 1, 2008. All other terms and conditions of the original note remain unchanged. This agreement is formalized in a letter dated February 26, 2007, and serves as official notice of the extension.
Exhibit 10.23
[Letterhead of Deere Credit, Inc.]
Date: February 26, 2007
Pete Anderson
FCStone Financial, Inc.
2829 Westown Parkway
West Des Moines, IA 50266
Dear Pete:
| Reference: | FCStone Financial, Inc. Note Dated: February 23, 2006 Original Amount: $96,000,000 Original Due Date: March 1, 2007 Current Due Date: March 1, 2007 New Due Date: March 1, 2008 |
The Note referenced above contains a provision whereby the Note may be may be renewed and the Due Date extended. Notice is hereby given that the Due Date of the referenced Note has been extended to March 1, 2008. All other terms and conditions remain unchanged.
Sincerely,
/s/ Sharon Luellen
Sharon Luellen
Account Credit Manager
cc: Robert Johnson
