1 ALEXANDER ENERGY CORPORATION (LETTERHEAD) EXHIBIT 10(n) BOB G. ALEXANDER PRESIDENT August 22, 1994 SENT VIA FACSIMILE AND CERTIFIED MAIL Independent Energy Marketing, Inc. 220 Travis Street, Suite 300 Shreveport, Louisiana 71101 ATTN: Mr. Allen Alderson RE: TERMINATION OF PARTNERSHIP Gentlemen: Boomer Marketing Company ("Boomer"), a wholly owned subsidiary of Alexander Energy Corporation, as Limited Partner of Independent Energy Marketing, Ltd. ("IEM Partnership") hereby notifies Independent Energy Marketing, Inc., General Partner, of its desire to terminate the IEM Partnership effective August 31, 1994. In accordance with Article 12.02 of the Agreement of Limited Partnership dated January 1, 1990, Boomer requests the General Partner execute this letter in the space provided below acknowledging the voluntary termination of the IEM Partnership effective August 31, 1994. Please return one signed copy on or before August 26, 1994. In conjunction with the voluntary termination of the IEM Partnership, we request that you provide us copies of all contracts or agreements, if any, which might remain in effect and encumber our interest after the effective date of the termination. We further request that you provide David Grose with a plan of winding up the affairs of the partnership. 2 IEM, Inc. August 22, 1994 Page Two Should you have any questions regarding this matter, please feel free to contact me. Very truly yours, /s/ BOB G. ALEXANDER Bob G. Alexander cc: Lynn Duncan BGA/jlp THE GENERAL PARTNER AND LIMITED PARTNER HEREBY AGREE TO THE VOLUNTARY TERMINATION OF INDEPENDENT ENERGY MARKETING, LTD. GENERAL PARTNER LIMITED PARTNER INDEPENDENT ENERGY MARKETING, INC. BOOMER MARKETING COMPANY BY: /s/ (Illegible) /s/ BOB G. ALEXANDER DATE:8/24/94 DATE: 8/23/94