Debt Settlement Agreement Between San Antonios Resources Inc. And [name]
EXHIBIT 4.17
Debt Settlement Agreement
Between
San Xxxxxxxx Resources Inc.
And
[name]
Whereas San Xxxxxxxx Resources Inc. ("Company") acknowledges that it is indebted to [name] in the amount of {US$xx] by virtue of the fact that [name] settled outstanding trade accounts of that amount owed by the company, the Company agrees to issue [number] of common shares to [name] to settle the debt.. The closing of the shares for debt settlement will take place at the election of the Company any time on or before [date] and such closing will be marked by the issuance of Treasury shares.
Agreed to on this 27th day of August, 2002 by:
_/s/ Xxxxxxxx Kripotos___________________
Xxxxxxxx Xxxxxxxx for
SAN XXXXXXXX RESOURCES INC.
/s/ signature____________________________
[name]
