SETTLEMENT AGREEMENT AND RELEASE
This
Settlement Agreement and Release (the “Agreement”) is made as of the dates
affixed herein below between and among: Xtreme Oil & Gas Inc. (“XTOG”),
Xtreme Operating Ltd. Co (“Xtreme Operating”), (p/k/a Go Operating, Ltd. Co.
("Go Operating")), Xxxxxxx Energy LLC (“Xxxxxxx Energy”), Golden Phoenix
Recovery, L.L.C (“Golden Phoenix”), GPR, LLC (“GPR”), Xxxxxxx Property
Development Ltd. (“Xxxxxxx Property”), Access Operating Company, Inc. (“Access
Operating”), Xxxxxxx Operating Company (“Xxxxxxx Operating”), BJS Revocable
Trust (“BJS”), South Kensington Ltd. Co. (South Kensington”), JMEKS, Inc.
(“JMEKS”), Go Operating, Ltd. Co. (“Go Operating”), GO Energy Corp.(“Go Energy”)
and GO Energy Co., (“GEC”); Will XxXxxxxx, individually (“XxXxxxxx”); and Xxxxx
Xxxxxxxx, individually (“Scambler”) (collectively the “Parties” and individually
a “Party” hereinafter).
WHEREAS, XTOG and Go Operating entered into that
certain Xxxxx County, OK Exploration, Development, and Production Agreement on
or about February 13, 2008, together with any addendum, supplement or
modification thereof (the “Xxxxxxx EDP”);
WHEREAS, XTOG and Go Operating entered into that
certain Exploration, Development, and Production Agreement on or about February
14, 2008 for Sheridan Fort Sill, together with any addendum, supplement or
modification thereof (the “Fort Sill EDP”);
WHEREAS, XTOG and Go Operating entered into that
certain Exploration, Development, and Production Agreement on or about February
4, 2008 for Xxxxxx County, Texas, together with any addendum, supplement or
modification thereof (the “Xxxxxx County EDP”);
WHEREAS, XTOG entered into that certain Stock
Purchase Agreement on or about March 14, 2008 with BJS and JEMKS (the “Stock
Purchase Agreement”);
1
WHEREAS,
XTOG and Xtreme Operating, on the one hand, and Golden Phoenix, GPR, Xxxxxxx
Property, Xxxxxxx Operating, South Kensington, and JEMKS, on the other, entered
into that certain Agreement for Assignment of Rights under Settlement Agreement
(“Assignment Agreement No. 1”) on or about December 30, 2008;
WHEREAS,
XTOG and Xtreme Operating, on the one hand, and Golden Phoenix, GPR, Xxxxxxx
Property, Xxxxxxx Operating, BJS, South Kensington, and JEMKS, on the other,
entered into that certain Agreement for Sale, Assignment, and Release of
Interests (“Assignment Agreement No. 2”) on or about December 29,
2008;
WHEREAS,
XTOG and Xtreme Operating, on the one hand, and Golden Phoenix, GPR, Xxxxxxx
Property, Xxxxxxx Operating, BJS, South Kensington, and JEMKS, on the other,
entered into that certain Agreement for Sale, Assignment and Release of
Interests (“Assignment Agreement No. 3’) on or about December 29,
2008;
WHEREAS,
XTOG and Xtreme Operating, on the one hand, and Golden Phoenix, GPR, Xxxxxxx
Property, Xxxxxxx Operating, BJS, South Kensington, and JEMKS, on the other,
entered into that certain Agreement for Sale, Assignment and Release of
Interests (“Assignment Agreement No. 4”) on or about December 29,
2008;
WHEREAS,
XTOG and Xtreme Operating, on the one hand, and Golden Phoenix, GPR, Xxxxxxx
Property, Xxxxxxx Operating, BJS, South Kensington, and JEMKS, on the other,
entered into that certain Agreement for Sale, Assignment and Release of
Interests (“Assignment Agreement No. 5”) on or about December 30,
2008;
WHEREAS,
the Xxxxxxx EDP, the Fort Sill EDP, the Xxxxxx County EDP, the Stock Purchase
Agreement, and Assignment Agreements Nos. 1-5 are collectively referred to as
the “Scambler Agreements;”
2
WHEREAS,
Xtreme contends that Scambler, and/or the entities owned or controlled by him,
breached or failed to perform under the Scambler Agreements;
WHEREAS,
Scambler contends that XTOG breached or failed to perform under the Scambler
Agreements;
WHEREAS,
the Parties, without admission of liability, desire to settle with finality,
compromise, dispose of, and release all claims and demands of any of them that
any one them has or may have arising out of or in any way otherwise connected to
the Scambler Agreements, including any other fact or circumstance up to and
through the date of the Agreement.
WHEREAS, the parties acknowledge that
bona fide disputes and controversies, both to liability and to the amount
thereof, exist between them, including those disputes and controversies related
to the Xxxxx and Agreements listed above, as well as all other oral, written,
express, or implied contracts between the Parties, they desire to compromise and
settle all claims and causes of action between them and agree that the claims
and controversies between them are hereby settled in accordance with the terms
set forth below.
NOW, THEREFORE, in consideration of the
mutual agreements, covenants, and provisions contained in this Agreement, the
sufficiency of which is expressly acknowledged by the Parties’ signatures
affixed herein below, it is hereby agreed between and among the Parties that all
any and all claims between or among them shall be settled and compromised upon
the following terms and conditions:
1. Consideration:
3
Contemporaneously with the Parties’
execution of the Agreement, XTOG agrees to convey in “As-Is” condition to
Scambler, or any entity identified by him, without warranty or recourse, all
XTOG’s rights, title, and interest in the stock of GO Operating (an Oklahoma
company) by delivery of any existing Company Minutes and Records book and all
stock certificates
(or executing and delivering any other document reasonably requested by
Scambler, and expressly excluding any right, title or interest to the name
Xtreme Operating), the Winston well in “As-Is” condition, the Cookie well in
“As-Is” condition (and related rights, if any, to a saltwater disposal well) by
delivery of assignment, xxxx of sale and conveyance agreements in the forms
attached hereto as Exhibit “A,” respectively. Scambler will within 5 business
days file a change of name of all entities having the Xtreme name with the
Oklahoma secretary of state and fax copies to XTOG. XTOG also agrees to convey
to Scambler, or any entity identified by him, without warranty or recourse,
XTOG’s right, title and interest to the Cookie Xxxx and tanks (as-is) by
execution and delivery of a xxxx of sale in the form attached hereto as Exhibit
“A” and execute Exhibit “B”. XTOG also agrees to release any claim to
the $25,000 bond and to convey to Scambler, or any entity designated by him, the
shares acquired by XTOG under the Stock Purchase Agreement.
Contemporaneously with the Parties’
execution of the Agreement, Scambler agrees to deliver to XTOG upon signing this
Agreement 250,000 common shares from BJS Revocable Trust UTD
03-10-2002 Cert # 339 for 210,000 shares, JMEKS Cert # 170 for 10,000 shares,
and JDKS Revocable Trust Cert #166 for 30,000 shares, and any and all shares of
XTOG previously issued or acquired by him, other than 500,000 shares that he or
his designee may retain. (excluding any South Kensington Shares which were
issued for “nominees” of 250,000 shares of common stock in Nominee name to
settle Xtreme related contingent deals/properties/legal fees)
including Scambler further agrees to deliver 175,000 of his remaining
500,000 shares in Certificate #278 BJS Revocable Trust UTD 03-10-2002 to Xxxxxx
Xxxxxxxxx to hold in escrow until Scambler’s payment of the $25,000 referenced
below. If Scambler delivers good funds to Forrestor within 90 days of
signing the Agreement, Forrestor will release the shares to
Scambler. In the event Scambler fails to pay within 90 days,
Forrestor is to release the shares to XTOG.
4
Scambler
further agrees to return to XTOG all 2,500,000 warrants previously conveyed to
Scambler or any other entity arising out of or in any way related to the
Scambler Agreements and terminate the associated warrant agreements upon
execution of this Agreement. Scambler agrees to execute and deliver a
xxxx of sale conveying clear title to operational tanks in the form attached
hereto as Exhibit “C,” and to deliver those tanks to the Lionheart well
location. XTOG agrees to pay Xxxxxxxx the past due invoice for
deliveries to Oil Creek /xxxxx and costs of transport from Xxxxxxx site 20+
miles to the Lionheart location.. Scambler also agrees to execute any document
requested by XTOG to make sure Scambler releases any or all claims, direct or
indirect, to any interest whatsoever in the Oil Creek or Lionheart xxxxx, and
agrees to pay XTOG $25,000 in good funds within 90 days of his execution of the
Agreement.
Contemporaneously with the Parties’
execution of the Agreement, Scambler agrees to convey to XxXxxxxx any and all
working interest held by Scambler, directly or indirectly, in the Lionheart well
and a (one percent) 1% royalty interest in the Oil Creek property in exchange
for XxXxxxxx agreeing to convey to Scambler XxXxxxxx’x royalty interest in the
Cookie well, the Winston well and any right to the saltwater disposal
well. These transfers shall be made by the execution and delivery of
the documents attached hereto as Exhibits “D,” “E,” and “F,”
respectively.
2. Releases:
(a) XTOG,
Xtreme Operating, Xxxxxxx Energy, XxXxxxxx, and their predecessors, successors,
and assigns, hereby forever release, acquit and discharge Golden Phoenix, GPR,
Xxxxxxx Property, Access Operating, Xxxxxxx Operating, BJS, South Kensington,
JMEKS, Go Operating, Go Energy, GEC, and Xxxxx Xxxxxxxx, and each of their
respective affiliates, subsidiaries, parents, predecessors, successors, assigns,
officers, employees, agents, insurers, sureties, and attorneys, of and from any
fees, debts, obligations, claims, actions, liabilities, demands
and/or causes of action, including any claim for attorneys’ fees, interest, or
costs of litigation, asserted or unasserted, whether in equity or law, whether
arising out of or pursuant to common or statutory laws, state and/or federal
law, rules or regulations, known or unknown, including, but not limited to any
claim arising out of or in any way related to the Scambler Agreements, as well
as any other fact or circumstance existing at the date and time of execution
hereof, save and except the Parties’ obligations under this
Agreement. It is expressly acknowledged and agreed that this release
is UNLIMITED in scope.
5
(b) Golden
Phoenix, GPR, Xxxxxxx Property, Access Operating, Xxxxxxx Operating, BJS, South
Kensington, JMEKS, Go Operating, Go Energy, GEC, and Xxxxx
Xxxxxxxx, and their predecessors, successors, and assigns, hereby forever
release, acquit and discharge XTOG, Xtreme Operating, Xxxxxxx Energy LLC, Will
XxXxxxxx, and their affiliates, subsidiaries, parents, predecessors, successors,
assigns, officers, employees, agents, insurers, sureties, and attorneys, of and
from any fees, debts, obligations, claims, actions, liabilities, demands and/or
causes of action, including any claim for attorneys’ fees, interest, or costs of
litigation, asserted or unasserted, whether in equity or law, whether arising
out of or pursuant to common or statutory laws, state and/or federal law, rules
or regulations, known or unknown, including, but not limited to any claim
arising out of or in any way related to the Scambler Agreements, as well as any
other fact or circumstance existing at the date and time of execution hereof,
save and except the Parties’ obligations under this Agreement. It is
expressly acknowledged and agreed that this release is UNLIMITED in
scope.
(c
) Regarding any XTOG dispute with Heartland or Xxxxxxx
then Scambler and entities will not be made part of any issue, there
will be no interpleading or making Scambler a party and no claims on any
Scambler production revenues derived from the well - Scambler or any Scambler
entity will not be a named party.
6
3. Nondisparagement:
No Party
to this Agreement shall slander, defame, nor otherwise disparage the goodwill,
business name or business reputation of any other Party; nor will any Party
discourage others from doing business with any other Party. While
each of the Parties acknowledges that he or it cannot avoid any legal obligation
to comply with or assist any investigation, inquiry, prosecution or other claim
by any governmental agency lawfully charged with the rights and obligations to
which it is making such investigation, inquiry or prosecution, it is the intent
of this Agreement that no acts of retribution be permitted and, in furtherance
thereof, neither party shall initiate nor cause to be initiated any
investigation, inquiry or prosecution to which it is not legally obligated to do
so nor publish to any third party, any fact or circumstance, with knowledge or
intent that such fact or circumstance will lead to an investigation, inquiry or
prosecution.
4. Miscellaneous:
(a) This
Agreement shall be binding upon and inure to the benefit of the Parties hereto,
their successors and assigns, together with their respective divisions, parents,
and subsidiaries or affiliated corporations or entities.
(b) The
Parties hereto acknowledge that the covenants contained in this Agreement
provide good and sufficient consideration for every promise, duty, release,
obligation and right contained in this Agreement.
(c) By
execution hereof, XxXxxxxx, individually and on behalf of any entity for which
he signs the Agreement, represent, covenant and warrant that they are the
exclusive owner and holder of all their claims, and that no claim released
herein has previously been conveyed, assigned or in any manner transferred, in
whole or in part, to any third party. XxXxxxxx, individually
and on behalf of any entity for which he signs the Agreement, expressly
represent, covenant and warrant that they have full authority to enter into this
Agreement.
7
(d) By
execution hereof, Scambler, individually and on behalf of any entity for which
he signs the Agreement, covenant and warrant that they are the exclusive owners
and holders of all of their claims, and that no claim released herein has
previously been conveyed, assigned or in any manner transferred, in whole or in
part, to any third party. Scambler, individually and on behalf of any
entity for which he signs the Agreement, expressly represent, covenant and
warrant that they have full authority to enter into this Agreement.
(e) It
is understood and agreed that no Party to this Agreement admits any liability to
any other Party, but to the contrary, expressly denies the same. This
Agreement is entered to resolve, settle and compromise the matters in dispute
between the Parties hereto and avoid the cost, expense, and effort of protracted
and disputed litigation.
(f) The
Parties hereto fully understand that if any facts concerning the claims giving
rise to this Agreement should be found other than or different from the facts
now believed to be true, the Parties hereto expressly accept and assume the risk
of such possible difference in facts and agree that this Agreement shall be and
will remain in effect notwithstanding any such difference in facts.
(g) The
Parties hereto warrant and represent to all other Parties that no promise,
representation, conduct, or consideration by any other Party to this Agreement,
their owners, agents, servants, employees, attorneys, or persons in privity with
them has induced the execution of this Agreement except for those
representations and agreements specifically set forth herein.
(h) This
Agreement was drafted jointly by all Parties in consultation with their
attorneys. Accordingly, no rule of construction based upon one Party
or the other drafting this Agreement shall apply.
8
(i) This
Agreement, including Exhibits, embodies the entire agreement between the Parties
hereto, supersedes all prior agreements and understandings, if any, and may be
amended only by an instrument in writing executed jointly by the Parties
hereto.
(j) It
is further understood that this Agreement shall be governed by, construed,
interpreted, applied, and enforced in accordance with the laws of the State of
Texas, except that any conflict-of-law rule or choice-of-law rule of that
jurisdiction that may require reference to the laws of some other jurisdiction
should be disregarded. The parties acknowledge and agree that the
venue of any dispute arising under the Agreement will be in a court of competent
jurisdiction in Dallas, Dallas County, Texas.
(k) This
Agreement may be, but is not required to be, executed in multiple
originals. A facsimile copy and/or a scanned image of a signature
page hereto shall be valid the same as the original.
(l) The
Parties agree to cooperate in taking any and all steps necessary to give full
force and effect to this Agreement, and to execute any and all additional
documents necessary to effectuate the terms and conditions of this
Agreement.
(m) The
Parties hereto agree and understand that the terms hereof are contractual and
are not merely recitals and that the Parties hereto intend to be and are hereby
bound by its terms. Each undersigned individual, by this signature
below, warrants that he is of legal age, legally competent to execute this
Agreement and fully authorized by the Party hereto on whose behalf he signs this
Agreement to execute and enter into this Agreement on behalf of such
Party.
(n) If
any term, condition or covenant contained in this Agreement is for any reason
found null, void or otherwise unenforceable, that portion of the Agreement shall
be treated as severed and the remainder of the Agreement will remain in full
force and effect as if the severed portion
were never contained herein. However, this paragraph does not apply
to any material term, condition or covenant that forms all or part of the
consideration supporting this Agreement.
9
(o) THE PARTIES EXPRESSLY WARRANT THAT
THEY HAVE CAREFULLY READ THIS AGREEMENT AND ANY EXHIBITS ATTACHED HERETO,
UNDERSTAND THEIR CONTENTS, AND SIGN THIS AGREEMENT VOLUNTARILY, AS THEIR OWN
FREE ACT, WITHOUT ANY DURESS OR COERCION. THE PARTIES EXPRESSLY
WARRANT THAT NO PROMISE OR AGREEMENT WHICH IS NOT HEREIN EXPRESSED HAS BEEN MADE
TO THEM IN EXECUTING THIS AGREEMENT, AND THAT NONE OF THE PARTIES IS RELYING
UPON ANY STATEMENT OR REPRESENTATION OF ANY AGENT OF THE PARTIES BEING RELEASED
HEREBY, EACH OF THE PARTIES IS RELYING ON THEIR OWN JUDGMENT AND EACH HAS BEEN
REPRESENTED BY LEGAL COUNSEL IN THIS MATTER. THE AFORESAID LEGAL
COUNSEL HAVE READ AND EXPLAINED TO THE PARTIES THE ENTIRE CONTENTS OF THIS
AGREEMENT IN FULL, AS WELL AS THE LEGAL CONSEQUENCES OF THIS
AGREEMENT.
(p) The
Parties agree that all conveyances made in this Agreement are transfers made
without representation or warranty. The Parties agree they have no
recourse available for the transfer of whatever rights, titles, or interests are
conveyed in this Agreement and/or its Exhibits.
5. Confidentiality:
The Parties agree that the terms and
provisions of this Agreement shall be kept strictly confidential, and they shall
not directly or indirectly communicate, disclose, or reveal to any person or
entity that is not a party to this Agreement any terms or provisions of this
Agreement; provided however,
this paragraph shall not prevent the Parties or their attorneys from disclosing
or revealing terms, conditions or provisions of this Agreement: (i)
by Court order; (ii) to an accountant who has been retained to provide
accounting services to in connection with filing a federal tax return; (iii) to
any lienholders, lenders, or family members; or, (iv) in response to a formal
inquiry from the Internal Revenue Service in connection with an investigation of
the tax liability, if any.
10
IN
WITNESS WHEREOF, this Agreement is executed as of the dates set forth herein
below.
[Signature
pages follow]
11
Xtreme Oil & Gas Inc. | |||
|
By:
|
/s/ Will XxXxxxxx, III | |
Xxxxxxx
X. XxXxxxxx, III, CEO
|
|||
STATE
OF
§
§
COUNTY
OF §
Before
me, the undersigned authority, on this day personally appeared Will XxXxxxxx,
CEO of Xtreme Oil & Gas, Inc., who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
12
Xtreme Operating Ltd. Co. | Go Operating Company, Ltd. Co. | |||
/s/
Will XxXxxxxx, III
|
By:
|
/s/ Xxxxx Xxxxxxxx, New President | ||
Will XxXxxxxx (Seller) | Xxxxx Xxxxxxxx (Purchaser) |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx, CEO of Go Operating
Company, Ltd. Co., who stated that he executed the Settlement Agreement and
Release for the purposes and consideration stated therein.
13
Xxxxxxx Energy LLC | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
CEO of Xxxxxxx Energy LLC, who stated that he executed the Settlement Agreement
and Release for the purposes and consideration stated
therein.
14
Golden Phoenix Recovery, L.L.C. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, Managing Member |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the Managing Member of Golden Phoenix Recovery, L.L.C., who stated that he
executed the Settlement Agreement and Release for the purposes and consideration
stated therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
15
GPR, LLC | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, Managing Member |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the Managing Member of GPR, LLC, who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
16
Xxxxxxx Property Development Ltd. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of Xxxxxxx Property Development Ltd., who stated that he executed
the Settlement Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
17
Access Operating Company, Inc. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of Access Operating Company, Inc., who stated that he executed the
Settlement Agreement and Release for the purposes and consideration stated
therein.
Notary Public - State of |
My
Commission Expires:
18
Xxxxxxx Operating Company | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of Xxxxxxx Operating Company, who stated that he executed the
Settlement Agreement and Release for the purposes and consideration stated
therein.
19
BJS Revocable Trust | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, Trustee |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the Trustee of BJS Revocable Trust, who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
00
Xxxxx Xxxxxxxxxx Ltd. Co. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, Managing Member |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the Managing Member of South Kensington Ltd. Co., who stated that he executed
the Settlement Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
21
JMEKS, Inc. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of JMEKS, Inc., who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
22
GO Operating | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of GO Operating, who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
23
Go Operating, Ltd. Co. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of Go Operating, Ltd. Co., who stated that he executed the
Settlement Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
24
GO Energy Corp. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of GO Energy Corp., who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
25
GO Energy Corp. | |||
|
By:
|
/s/ Xxxxx Xxxxxxxx | |
Xxxxx Xxxxxxxx, President |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
the President of GO Energy Co., who stated that he executed the Settlement
Agreement and Release for the purposes and consideration stated
therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
26
|
By:
|
/s/ WILL XXXXXXXX III | |
WILL XXXXXXXX, INDIVIDUALLY |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Will XxXxxxxx,
who stated that he executed the Settlement Agreement and Release for the
purposes and consideration stated therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
27
|
By:
|
/s/ XXXXX XXXXXXXX | |
XXXXX XXXXXXXX, INDIVIDUALLY |
STATE
OF
§
§
COUNTY
OF
§
Before
me, the undersigned authority, on this day personally appeared Xxxxx Xxxxxxxx,
who stated that he executed the Settlement Agreement and Release for the
purposes and consideration stated therein.
/s/ Xxxxxxx Xxxxxxx | |
Notary Public - State of Texas |
My
Commission Expires:
6/5/2010
28