Addendum #1 to the Revolving Line of Credit Agreement
Contract Categories:
Business Finance
- Credit Agreements
EX-10.11 4 deac_ex1011.htm LINE OF CREDIT deac_ex1011.htm
EXHIBIT 10.11
Addendum #1 to the Revolving Line of Credit Agreement
| [$100,000.00] | [9/11/2011] |
This Addendum to the Revolving Line of Credit Agreement by and between Dynamic Energy Alliance____________________, a _Florida___________ Corporation (the "BORROWER") and _Charles Cronin Jr.___________________, an ____________ Individual ("LENDER") is made and executed as of the date referred to above. An additional principal sum of _One Hundred Thousand________________ and 00/100 Dollars ($100,000____.00) has been added to the Revolving Line of Credit Agreement dated __July 9, 2011_____________ (the "LOAN AGREEMENT"), bringing the Loan Agreement to a total sum of _Two Hundred Thousand________________ and 00/100 Dollars ($200,000______________.00).
This Addendum shall be governed by and construed and enforced in accordance with the laws of _Florida___________.
By: /s/ James Michael Whitfield
By: /s/ Charles Cronin Jr.
1
Addendum #2 to the Revolving Line of Credit Agreement
| [$100,000.00] | [10/05/2011] |
This Addendum to the Revolving Line of Credit Agreement by and between Dynamic Energy Alliance____________________, a _Florida___________ Corporation (the "BORROWER") and _Charles Cronin Jr.___________________, an ____________ Individual ("LENDER") is made and executed as of the date referred to above. An additional principal sum of _One Hundred Thousand________________ and 00/100 Dollars ($100,000____.00) has been added to the Revolving Line of Credit Agreement dated __July 9, 2011_____________ (the "LOAN AGREEMENT"), bringing the Loan Agreement to a total sum of _Three Hundred Thousand________________ and 00/100 Dollars ($300,000______________.00).
This Addendum shall be governed by and construed and enforced in accordance with the laws of _Florida___________.
By: /s/ James Michael Whitfield
By: /s/ Charles Cronin Jr.
2
