Jere Northrop
1961 Tonawanda Creek Road
Amherst, New York 14228
August 23, 2000
Bion Environmental Technologies, Inc.
7921 Southpark Place, Suite 200
Littleton, CO 80202-3936
Dear Bion:
Pursuant to my letter of August 3, 2000 regarding the exchange of Class X and
Class Z warrants, please accept this letter as authorization to proceed with
the exchange as of this date.
If the this is agreeable to BION, please cancel the submitted warrants, issue
the stock, and deliver to me.
Very truly yours,
/s/ Jere Northrop
Jere Northrop
<PAGE>
Jon Northrop
1922 West Sanibel Court
Littleton, Colorado 80120
August 23, 2000
Bion Environmental Technologies, Inc.
7921 Southpark Plaza, Suite 200
Littleton, CO 80120
Dear Bion:
Pursuant to my letter of August 3, 2000 regarding the exchange of Class X and
Class Z warrants, please accept this letter as authorization to proceed with
the exchange as of this date.
If this is agreeable to BION, please cancel the submitted warrants and issue
the stock as shown in Exhibit A attached hereto and deliver the certificates
to me.
Very truly yours,
/s/ Jon Northrop
Jon Northrop
<PAGE>
Exhibit A
Z Warrants X Warrants Shares to be Issued
Jon Northrop 389,507 125,074 95,950
Nancy Northrop 800 240
Hallie Northrop 8,848 10,802 4,569
Stephanie Northrop 8,848 10,802 4,569
Family Trust U/A 3rd
U/W Catherine Northrop 2,887 866
<PAGE>
Harley E. Northrop
P.O. Box 188, Sherman Road
Westfield, New York 14787
August 23, 2000
Bion Environmental Technologies, Inc.
7921 Southpark Plaza, Suite 200
Littleton, CO 80120
Dear Bion:
Pursuant to my letter August 3, 2000 regarding the exchange of Class X and
Class Z warrants, please accept this letter as authorization to proceed with
the exchange as of this date.
If this is agreeable to BION, please cancel the submitted warrants and issue
the stock and deliver to me.
Very truly yours,
/s/ Harley E. Northrop
Harley E. Northrop
