Letter Agreement Extending Deadline under Partnership Interests and Asset Purchase Agreements among Aquila, Black Hills, Great Plains, and Gregory Acquisition

Contract Categories: Business Finance › Modification Agreements
Summary

This letter agreement, dated May 29, 2008, is between Great Plains Energy Incorporated, Black Hills Corporation, Aquila, Inc., and Gregory Acquisition Corp. It extends the deadline for attaching schedules of Retained Agreements and Shared Agreements under their existing Partnership Interests Purchase Agreement and Asset Purchase Agreement from May 30, 2008, to June 20, 2008. All parties have agreed to this extension by signing the letter.

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EX-10.1.5 2 ex10_1-5.htm GPE LETTER AGREEMENT DATED 5/29/08 ex10_1-5.htm
 
Exhibit 10.1.5
 

 
May 29, 2008
 

Steven Helmers, Esq.
Christopher Reitz, Esq.
Black Hills Corporation
Aquila, Inc.
625 Ninth Street
20 West Ninth Street
Rapid City, SD 57709
Kansas City, MO 64105
 
 
Re:
 
Partnership Interests Purchase Agreement and Asset Purchase Agreement (collectively, the "Agreements") by and among Aquila, Inc. ("Aquila"), Black Hills Corporation ("Black Hills"), Great Plains Energy Incorporated ("Great Plains") and Gregory Acquisition Corp. ("Gregory")
 
Dear Steve and Chris:
 
Under the terms of the Agreements, as modified by those certain letters dated as of June 29, 2007, August 31, 2007, September 28, 2007, November 30, 2007, January 30, 2008, February 28, 2008, March 28, 2008, and April 28, 2008, Black Hills, Aquila and Great Plains are to attach schedules setting forth Retained Agreements and Shared Agreements prior to May 30, 2008.  We recognize that this deadline may be implausible and therefore propose extending the date set forth under section 2.2(1) and 8.5(d) of the Agreements to June 20, 2008.

If you are in agreement, please sign below on the attached signature page where indicated and return a copy of this letter to me by fax or e-mail.


 
Very truly yours,
Great Plains Energy Incorporated
 
 
By: /s/ Mark G. English
Name: Mark G. English
Title: General Counsel

 


ACKNOWLEDGED, CONSENTED TO, AND ACCEPTED BY:

BLACK HILLS CORPORATION


By:  /s/ Steven J. Helmers

Name:  Steven J. Helmers
Title:    Sr. Vice President and General Counsel


AQUILA, INC.


By:  /s/ Chris Reitz

Name:  Chris Reitz
Title:    General Counsel


GREGORY ACQUISITION CORP.


By:  /s/ Mark G. English

Name:  Mark G. English
Title:    Secretary and Treasurer