June 11, 2007 Gary D. Allen and Linda M. Allen 2933 125th Ave. SE Eyota, MN 55934 Dana Allen 11304 19th Street SE Eyota, MN 55934 William Oehler Ward & Oehler, Ltd. 1765 Greenview Drive SW Rochester, MN 55902
Exhibit 10.25
June 11, 2007
▇▇▇▇ ▇. ▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇ ▇▇▇. ▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇ ▇▇▇. ▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇ & ▇▇▇▇▇▇, Ltd.
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇▇ & ▇▇▇▇▇▇, Ltd.
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
| Re: | Real Estate Option Agreement dated June 12, 2006 between ▇▇▇▇ ▇. ▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇, husband and wife, and ▇▇▇▇ ▇▇▇▇▇, a single person (the “Optionor”) and MinnErgy, LLC, a Minnesota limited liability company (the “Optionee”) |
Dear Optionors:
We hereby extend the term of the option granted by the Agreement referenced above for an additional
six months. Our check in the amount of $50,000.00 (Additional Option Payment) is enclosed. As so
extended the option shall expire at 12:00 midnight on December 12, 2007.
Sincerely,
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
|
||
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Chairman |
RECEIPT
I hereby acknowledge receipt of the Additional Option Payment of $50,000.00, and extension of the
Option to December 12, 2007.
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
|
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
|
|||
/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ |
||||
▇▇▇▇▇ ▇. ▇▇▇▇▇ |