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Amway

In: Business and Management

Submitted By Balzhin
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07-61053-RBK Doc#: 476-2 Filed: 07/13/09 Entered: 07/13/09 15:19:28 Page 1 of 2

Amway

~

GLOBAL

TN

7575 Fulton Street East, Ada, Michigan 49355·0001

June 25, 2009

Sarshela, Inc.
Attn: Greg Duncan
P.O. Box 141540
Spokane, WA 99214

Case No.
07-61053-7
Exhibit
2

Dear Mr. Duncan:
This letter outlines proposed terms under which Amway Corp. d/b/a Amway Global
("Amway") would provide a loan as you have requested. This letter is not binding on
Amway or any other party, and no binding obligations will exist on Amway or any other party until definitive loan documentation has been prepared and signed by Amway and all other parties. However, this letter is intended to express Amway's interest in possibly pursuing a loan transaction under the terms and conditions of this letter.
The proposed loan terms currently under consideration are the following:
1. Borrower. The Borrower would be Sarshela, Inc., XS Energy, LLC, Seife, Inc. and
World Wide Trust Company, jointly and severally.
2. Loan. Amway would extend a term loan in the principal amount of $1,000,000. The loan would be disbursed at dates to be mutually agreed upon in the loan documentation and upon the conditions stated in the loan documentation.
3. Interest Rate. The loan would bear interest at the rate of 3% per annum until maturity and 5% per annum after maturity.
4. Amortization. The loan would be repaid as follows:
(a) Beginning on August 1, 2009, or on such other date as may be specified in the loan documents, and continuing each month thereafter, the Borrower would pay Amway installments of $100,000 each plus accrued interest. Alternatively, in lieu of a cash payment and at Amway's option, Amway and/or its Affiliates would have the right to withhold the amount of each installment payment from the payments otherwise due from Amway and/or its Affiliates to the Borrower. The term "Affiliates" would mean any

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