Option Amendment Agreement between MinQuest Inc. and Tuffnell Ltd. (April 27, 2010)

Contract Categories: Business Finance › Modification Agreements
Summary

This agreement amends a previous option agreement between MinQuest Inc. and Tuffnell Ltd., both Nevada corporations. The amendment extends the deadline for Tuffnell Ltd. to make its first payment of $39,261 to MinQuest Inc. from the original signing date to on or before April 30, 2010. All other terms and conditions of the original agreement remain unchanged.

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EX-10.4 2 v185572_ex10-4.htm
Exhibit 10.4

MINQUEST INC.
 
Option Amendment Agreement
 
BETWEEN:

MINQUEST, INC. (“MINQUEST”) a body incorporated pursuant to the laws of Nevada. (The “Optionor”)

AND
TUFFNELL LTD (“TUFFNELL”) a body incorporated pursuant to the laws of Nevada. (The "Optionee")
 
This amendment to the Option agreement dated March 12, 2010 is to extend the date of first payment by the Optionee to the Optionor as follows:

Tuffnell Ltd shall make its first payment to Minquest Inc. of  US $39,261.00 on of before April 30, 2010, instead of on signing the option agreement.

All other conditions shall remain the same and the scope of the agreement will remain in its entirety other than extending the timeline condition as outline above.

Dated the 27th day of April, 2010

The Optionee:

Tuffnell Ltd.

/s/ George Dory
 
George Dory,  ASO

The Optionor:

MinQuest Inc.

/s/ Richard Kern
 
Richard Kern ASO