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AMENDMENT TO JOINT VENTURE AGREEMENT

Joint Venture JV Agreement

AMENDMENT TO JOINT VENTURE AGREEMENT You are currently viewing:
This Joint Venture JV Agreement involves

ETHANEX ENERGY, INC. | Ethanex Energy North America, Inc. | SEMO Milling, LLC

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Title: AMENDMENT TO JOINT VENTURE AGREEMENT
Date: 11/28/2006
Industry: CHMMFG     Sector: BASICM

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EXHIBIT 10.3

 

AMENDMENT TO

JOINT VENTURE AGREEMENT

 

THIS AMENDMENT TO JOINT VENTURE AGREEMENT (the “Amendment”) is effective as of the 30th day of August, 2006, by and between Ethanex Energy North America, Inc. (“Ethanex”), and SEMO Milling, LLC (“SEMO”).

 

RECITALS

 

A.    Ethanex and SEMO entered into that certain Joint Venture Agreement dated August 4, 2006 (the “JV Agreement”) pertaining to the formation and management of a joint venture company, Ethanex at SEMO Port, LLC.

 

B.    Ethanex and SEMO desire to amend the JV Agreement as set forth herein.

 

AGREEMENT

 

In consideration of the above Recitals, which are incorporated herein by this reference, the mutual agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Ethanex and SEMO agree as follows:

 

1.    Amendment of JV Agreement. The JV Agreement shall be amended as follows:

 

1.1

Obligations of the Parties. 

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