0001199835-10-000070 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

EMPLOYMENT AGREEMENT (this "Agreement") made as of December 1, 2009, between Willard G. McAndrew residing in Plano, Tx (hereinafter called the "Employee") and Xtreme Oil & Gas, Inc., a Washington corporation incorporated under the laws of Washington and having an address in Plano, Texas (hereinafter called the "Company").

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AGREEMENT FOR SALE, ASSIGIIMENT AND RELEASE OF INTERESTS AGREEMENT #2:
Agreement for Sale • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

This Agreement for Sale, Assignment and Release of Interests (this "Agreement") is entered into as of this 29th day of December 2008, by and among Xtreme Oil & Gas, Inc. ("XTOG"), a Washington corporation; and its wholly-owned subsidiary, Xtreme Operating Ltd. Co., ("XOLC") an Oklahoma limited liability company, which XOLC was f/k/a Go Operating Company, Ltd. Co., (both of which XTOG and XOLC are collectively, "XTREME"), each of which has, as its business address, 5700 West Plano Parkway, Suite 3600, Plano, Texas 75093 and, Golden Phoenix Recovery, L.L.C., an Oklahoma limited liability company, ("GPR") which GPR was a/k/a GPR, LLC or Golden Phoenix Recovery, L.L.C. d/b/a GPR, LLC; Merrick Property Development Ltd. ("MPDL"), an Oklahoma corporation, which MPDL was f/k/a Access Operating Company, Inc.; Merrick Operating Company, ("MOP"), an Oklahoma corporation; BJS Revocable Trust u/a/d 3/10/02 (the BJS Trust"), a family trust; South Kensington Ltd. Co., ("SKLC"), an Oklahoma limited li

CONTRIBUTION AND EXCHANGE AGREEMENT
Contribution and Exchange Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Nevada

THIS CONTRIBUTION AND EXCHANGE AGREEMENT (this "Agreement") is made this 29th day of December 2006, by and among Xtreme Technologies, Inc., a Washington corporation ("Xtreme"); Emerald Energy Partners, Inc., a Nevada corporation ("Emerald"); and the persons listed in Exhibit A-1 hereof who are the owners of record of all the issued and outstanding stock of Emerald who execute and deliver this Agreement ("Emerald Stockholders"), based on the following:

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

THIS STOCK PURCHASE AGREEMENT (this "Agreement") is entered into and dated as of the 23st day of July 2008, by and among Xtreme Oil & Gas, Inc., a Washington corporation ("Xtreme"), and Knight Enterprises, Inc., a Nevada corporation, (the "Seller") (each of Xtreme and the Seller is individually referred to herein as a "Party" and collectively both as the "Parties") and is made in light of the following recitals which are a material part hereof:

TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT
Termination and Mutual Release of Claims Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

THIS TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT (“Release”), dated effective as of December 2, 2009 (the “Effective Date”), is by and among Xtreme Oil & Gas Corp., a Nevada corporation (“XTOG”), with a business address in Plano, Texas and its officers, directors and advisors, (collectively, the “XTOG Parties”) and WMDM Family Limited Partnership, (collectively, the “WMDM Parties”). All signatories to this Release are sometimes collectively referred to as the “Parties” and individually referred to as “Party”.

AGREEMENT FOR SALE, ASSIGNMENT AND RELEASE OF INTERESTS AGREEMENT #3:
Agreement for Sale • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

This Agreement for S e, Assignment and Release of Interests (this "Agreement") is entered into as of this 29th day of December 2008, by and among Xtreme Oil & Gas, Inc. ("XTOG"), a Washington corporation; and its wholly-owned subsidiary, Xtreme Operating Ltd. Co., ("XOLC") an Oklahoma limited liability company, which XOLC was f/k/a Go Operating Company, Ltd. Co., (both of which. XTOG and XOLC are collectively, "XTREME"), each of which has, as its business address, 5700 West Plano Parkway, Suite 3600, Plano, Texas 75093 and Golden Phoenix Recovery, L.L.C., an Oklahoma limited liability company, ("GPR") which GPR was a/k/a GPR, LLC or Golden Phoenix Recovery, L.L.C. d/b/a GPR, LLC; Merrick Property Development Ltd. ("MPDL"), an Oklahoma corporation, which MPDL was f/k/a Access Operating Company, Inc.; Merrick Operating Company, ("MOP"), an Oklahoma corporation; BJS Revocable Trust u/a/d 3/10/02 (the BJS Trust"), a family trust; South Kensington Ltd. Co., ("SKLC"), an Oklahoma limited lia

TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT
Termination and Mutual Release of Claims Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

THIS TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT (“Release”), dated effective as of December 2, 2009 (the “Effective Date”), is by and among Xtreme Oil & Gas Corp., a Nevada corporation (“XTOG”), with a business address in Plano, Texas and its officers, directors and advisors, (collectively, the “XTOG Parties”) and Phyllis Wingate, (collectively, the “Wingate Parties”). All signatories to this Release are sometimes collectively referred to as the “Parties” and individually referred to as “Party”.

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement and Release • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

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")), Merrick Energy LLC (“Merrick Energy”), Golden Phoenix Recovery, L.L.C (“Golden Phoenix”), GPR, LLC (“GPR”), Merrick Property Development Ltd. (“Merrick Property”), Access Operating Company, Inc. (“Access Operating”), Merrick Operating Company (“Merrick 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 McAndrew, individually (“McAndrew”); and Bruce Scambler, individually (“Scambler”) (collectively the “Parties” and individually a “Party” hereinafter).

TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT
Termination and Mutual Release of Claims Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Texas

THIS TERMINATION AND MUTUAL RELEASE OF CLAIMS AGREEMENT (“Release”), dated effective as of December 2, 2009 (the “Effective Date”), is by and among Xtreme Oil & Gas Corp., a Nevada corporation (“XTOG”), with a business address in Plano, Texas and its officers, directors and advisors, (collectively, the “XTOG Parties”) and Fred Schiemann, (collectively, the “Schiemann Parties”). All signatories to this Release are sometimes collectively referred to as the “Parties” and individually referred to as “Party”.

AGREEMENT FOR ASSIGNMENT OF RIGHTS UNDER SETTLEMENT AGREEMENT AGREEMENT #1:
Settlement Agreement • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Oklahoma

This Agreement for Assignment Of Rights under Settlement Agreement (this "Agreement") is entered into as of this 30th day of December 2008, by and among Xtreme Oil & Gas, Inc. ("XTOG"), a Washington corporation; and its wholly-owned subsidiary, Xtreme Operating Ltd. Co., ("XOLC") an Oklahoma limited liability company, which XOLC was f/k/a Go Operating Company, Ltd. Co., f/k/ a Merrick Energy LLC ("Merrick Energy") , (both of which XTOG and XOLC are collectively, "XTREME"), each of which has, as its business address, 5700 West Plano Parkway, Suite 3600, Plano, Texas 75093 and Golden Phoenix Recovery, L.L.C., an Oklahoma limited liability company, ("GPR") which GPR was a/k/ a GPR, LLC or Golden Phoenix Recovery, L.L.C. d/b/ a GPR, LLC; Merrick Property Development Ltd. ("MPDL"), an Oklahoma corporation, which MPDL was f/k/a Access Operating Company, Inc.; Merrick Operating Company, ("MOP"), an Oklahoma corporation; South Kensington Ltd. Co., ("SKLC"), an Oklahoma limited liability compan

AGREEMENT FOR SALE, ASSIGNMENT AND RELEASE OF INTERESTS AGREEMENT #5
Agreement for Sale • February 12th, 2010 • Xtreme Oil & Gas, Inc. • Creek

This Agreement for Sale, Assignment and Release of Interests (this "Agreement") is entered into as of this _30th day of December 2008, by and among Xtreme Oil & Gas, Inc. ("XTOG"), a Washington corporation; and its wholly-owned subsidiary, Xtreme Operating Ltd. Co., ("XOLC") an Oklahoma limited liability company, which XOLC was f/k/ a Go Operating Company, Ltd. Co., (both of which XTOG and XOLC are collectively, "XTREME"), each of which has, as its business address, 5700 West Plano Parkway, Suite 3600, Plano, Texas 75093 and Golden Phoenix Recovery, L.L.C., an Oklahoma limited liability company, ("GPR") which GPR was a/k/a GPR, LLC or Golden Phoenix Recovery, L.L.C. d/b/a GPR, LLC; Merrick Property Development Ltd. ("MPDL"), an Oklahoma corporation, which MPDL was f/k/ a Access Operating Company, Inc.; Merrick Operating Company, ("MOP"), an Oklahoma corporation; BJS Revocable Trust u/ a/ d 3/10/02 (the BJS Trust"), a family trust; South Kensington Ltd. Co., ("SKLC"), an Oklahoma limite

AGREEMENT FOR SALE, ASSIGNMENT AND RELEASE, OF INTERESTS AGREEMENT #4:
Xtreme Oil & Gas, Inc. • February 12th, 2010 • Texas

This Agreement for S e, Assignment and Release of Interests (this "Agreement") is entered into as of this 29th day of December 2008, by and among Xtreme Oil & Gas, Inc. ("XTOG"), a Washington corporation; and its wholly-owned subsidiary, Xtreme Operating Ltd. Co., ("XOLC") an Oklahoma limited liability company, which XOLC was f/k/a Go Operating Company, Ltd. Co., (both of which XTOG and XOLC are collectively, "XTREME"), each of which has, as its business address, 5700 West Plano Parkway, Suite 3600, Plano, Texas 75093 and Golden Phoenix Recovery, L.L.C., an Oklahoma limited liability company, ("GPR") which GPR was a/k/a GPR, LLC or Golden Phoenix Recovery, L.L.C. d/b/a GPR, LLC; Merrick Property Development Ltd. ("MPDL"), an Oklahoma corporation, which MPDL was f/k/a Access Operating Company, Inc.; Merrick Operating Company, ("MOP"), an Oklahoma corporation; BJS Revocable Trust u/a/d 3/10/02 (the BJS Trust"), a family trust; South Kensington Ltd. Co., ("SKLC"), an Oklahoma limited liab

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