DISSOLUTION AGREEMENTJoint Venture JV Agreement |
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INFORM WORLDWIDE HOLDINGS INC | INFORM WORLDWIDE SOAM ENERGY, LLC HOLDINGS, INC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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DISSOLUTION AGREEMENT
THIS
AGREEMENT made as of 28
th day
of August, 2007 by and between Inform Worldwide Holdings, Inc. ,
a Florida corporation ("IWW") and Soam Energy,
LLC , a Texas limited liability company
("SE").
WHEREAS,
the parties hereto ( individually the “Party” and
collectively the "Parties") entered into a Joint Venture
Agreement, dated November 7, 2006, (the "Venture Agreement")
to carry on the business of exploitation
of coal from the Banning 1 lease under the name Banning 1 Joint Venture; and
WHEREAS,
the Parties now wish to dissolve the Joint
Venture.
NOW
THEREFORE, in consideration of the mutual covenants
and agreements herein contained and subject to the terms and
conditions hereafter set out, the Parties agree as
follows:
The Parties agree to
dissolve the Joint Venture effective August 28, 2008 (the
"Dissolution Dat
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