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AMENDMENT TO EXCLUSIVE OPTION AGREEMENT THIS AMENDMENT (the "Amendment ") is made this day of 2000 by and between Dennis Evans, Kathleen M. DeLonais -Adams and Virgil Drusch, as co- trustees of that certain Revocable Trust under that certain Amendment and Restatement of Eugene M. DeLonais Revocable Trust Agreement effective September 19, 1997 (the "Owner "), and the City of Little Canada, a political subdivision of the State of Minnesota, (the "Buyer "). RECITALS: A. Eugene M. DeLonais, now deceased, and Buyer entered into an Exclusive Option Agreement dated August 14, 1996 (the "Option Agreement ") whereby Eugene M. DeLonais granted to the Buyer an option to purchase (the "Option ") certain real property located in Ramsey County, Minnesota legally described on Exhibit "A" attached hereto and made a part hereof (the "Property "). B. On April 22, 1999, Buyer exercised the Option pursuant to the provisions specified at Section 2 of the Option Agreement. C. Owner and Buyer desire to amend the Option Agreement to confirm (i) Buyer's exercise of the Option, (ii) the determination of the purchase price to be paid by Buyer for the Property and (iii) the "Date of Closing ". NOW THEREFORE, in consideration of One Dollar and No /100 Dollars ($1.00) and other good and valuable consideration, receipt, sufficiency and adequacy of which is hereby acknowledged, Owner and Buyer do hereby agree as follows: 1. Owner and Buyer do hereby acknowledge and agree that, as of the date of this Amendment, they have each performed their respective obligations under the Option Agreement to the extent required as of the date of this Amendment. 2. Owner and Buyer do hereby acknowledge and agree that Buyer exercised the Option on April 22, 1999, as required by Section 2 of the Option Agreement. 3. Pursuant to Section 4 of the Option Agreement, Owner and Buyer have agreed upon a purchase price for the Property in the amount of Three Hundred Fifty Thousand and No /100 Dollars ($350,000.00), plus Twenty Five Thousand and No /100 Dollars ($25,000.00) to be escrowed as specified below, (collectively, the "Purchase Price "), which Buyer shall pay as follows: 262864V3 a. Earnest Money in the amount of $500.00, receipt of which is hereby acknowledged to have been paid on the date of the Option Agreement. b. $349,500.00 to be paid by Federal Reserve wire transfer or other immediately available funds on the Date of Closing, as hereinafter defined, less the amount Page 2