EXHIBIT 10.43
ATTACHMENT 1
AGREEMENT
WHEREAS Oxbridge Limited ("Oxbridge") has agreed to take an
assignment, by way of novation, of the benefits and burdens
of Eurogas, Inc. ("Eurogas") contained in a certain loan
agreement (the "Loan Agreement") dated March 3, 1999 between
Eurogas and Pan Asia Mining Corp.
IN CONSIDERATION of Oxbridge accepting the assignment and
indemnifying and saving Eurogas harmless from any future
claims and demands arising in any manner whatsoever from the
Loan Agreement, Eurogas hereby agrees to sell, transfer and
deliver to Oxbridge Five Hundred Thousand (500,000) shares
of Eurogas common stock, restricted under Rule 144 of the
United States Securities and Exchange Commission, for the
nominal sum of One Dollar. Actual delivery of a share
certificate or certificate representing the 500,000 shares
shall be issued and delivered to Oxbridge, or its nominee,
within (30) days of the date hereof.
Dated this 14th day of July, 2000.
Eurogas, Inc.
/s/ Xxxx Xxxxxx
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President
Witness
Acknowledged on behalf of Oxbridge Limited
