Addendum to the Loan Agreement dated May 4, 2006
Extension
LOAN AGREEMENT
between
Mr. Günter Thiemann
Käthe-Kollwitz-Strasse 23
33428 Harsewinkel
- in the following referred to as Lender -
and
EDI Exploration Drilling International GmbH,
represented by the Managing Director
Christian Runge
Goethestrasse 59, 45721 Haltern am See
- in the following referred to as Borrower -
The loan agreement, to which this addendum applies, is changed, effective immediately, in Section 2 paragraphs 2 and 3 as follows:
Section 2 Interest, term and repayment of loan
2. | The term shall be extended by approximately 7 months and ends on 31/12/2008. | |
3. | The loan shall be repaid on 31/12/2008 into the Lender’s account. |
All of the other provisions of the agreement remain unchanged and valid.
Münster, May 2, 2008
[Signature] | ||
Günter Thiemann | EDI Exploration Drilling International Rotthäuser | |
- Lender - | Managing Director, Christian Runge | |
- Borrower - |