Sovereign Exploration Associates International, Inc. – Sovereign Exploration Associates International, Inc. (March 12th, 2007)
Sovereign Exploration Associates International, Inc. – Settlement Agreement and General Release (October 13th, 2006)
Sovereign Exploration Associates International, Inc. – Exchange Agreement (October 13th, 2006)
Sovereign Exploration Associates International, Inc. – Exchange Agreement (October 27th, 2005)
Article 5. Indemnification and Hold Harmless. SEAI shall indemnify, defend and hold harmless CALI against any and all undisclosed liabilities of SEAI and its Subsidiaries not set forth in this Agreement or the Exhibits provided herewith for one (1) year from the date of Closing. CALI Management shall indemnify and hold harmless SEAI and its Subsidiaries for one (1) year from the date of Closing from any and liability from portfolio companies divested under Art. 1(g), and as security for this indemnity, Management shall collateralize its equity position in CALI as against this indemnification. These indemnifications, duties to defend and hold harmless shall survive the Closing for a period of one (1) year.
Geotec – Contract (April 14th, 2004)
OPERATING AGREEMENT THIS OPERATING AGREEMENT (the "Agreement") is made effective this 1st day of March, 2004 by and among GEOTEC THERMAL GENERATORS, INC., a Florida corporation ("Geotec"), with its principal offices located at 1615 South Federal Highway, Suite 101, Boca Raton, Florida 33432; and TELCO ENERGY CORPORATION, a Nevada corporation ("TelcoEnergy"), with its principal offices located at 120 Alpine Road, West Palm Beach, Florida 33405. WHEREAS, Geotec has entered into a letter of intent dated February 23, 2004 with TelcoEnergy, which contemplates the acquisition of 80% of the capital interest of Geotec by TelcoEnergy pursuant to a merger or stock purchase acquisition (the "Acquisition"); and WHEREAS, pending the completion of the Acquisition and in order to facilitate certain financing arrangements, the parties believe that it will be in their respective interests for various day-to-day operations of Geotec to be subject to the supervision of the