THIS EXTENSION AGREEMENT made as of the December 31, 2009. AMONG:Extension Agreement • June 30th, 2010 • Dejour Enterprises LTD • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
WHEREAS Brownstone US and Dejour US entered into a Loan Agreement (the “Loan Agreement”) dated June 18th, 2008 in the amount of US$4,000,000 (Four million U.S. dollars 00/100) (the “Loan;
THIS AMENDING AGREEMENT made as of September 30, 2009. Between: HODGKINSON EQUITIES CORPORATION, a corporation duly incorporated under the laws of the Province of British Columbia (herein called "HEC ")Amending Agreement • June 30th, 2010 • Dejour Enterprises LTD • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
AND WHEREAS HEC and Dejour entered into a Settlement Agreement (the “Settlement Agreement”) dated June 22,2009 whereby the parties agreed to cancel the Note by firstly, converting CDN $450,000 to both common shares of Dejour (“Shares”) and share purchase warrants of Dejour (“Warrants”) and secondly, by converting CDN $900,000 to a 5% interest in an oil and gas property and thirdly, by amending the terms and conditions of the remaining balance of the Note (the “Amended Note”) in the amount of CDN $450,000 as set out in the Settlement Agreement;
THIS REVISED SETTLEMENT AGREEMENT made as of December 31, 2009. Between: HODGKINSON EQUITIES CORPORATION, a corporation duly incorporated under the laws of the Province of British Columbia (herein called "HEC ")Revised Settlement Agreement • June 30th, 2010 • Dejour Enterprises LTD • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
WHEREAS HEC and Dejour entered into an Amending Agreement dated September 30, 2009 (the “Amending Agreement”) whereby Dejour issued HEC a 14 month Demand Promissory Note (the “Note”) in the amount of $1,350,000, at an interest rate of 12% per annum with a due date of November 1, 2010;
