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REPURCHASE AGREEMENT

Stock Repurchase Agreement

REPURCHASE AGREEMENT | Document Parties: AMERICAN BUSING CORP | EDMOND FORISTER You are currently viewing:
This Stock Repurchase Agreement involves

AMERICAN BUSING CORP | EDMOND FORISTER

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Title: REPURCHASE AGREEMENT
Date: 1/23/2004

REPURCHASE AGREEMENT, Parties: american busing corp , edmond forister
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[Exhibit 2.2]

 

                      REPURCHASE AGREEMENT

                      --------------------

 

This Agreement made this 30th day of December, 2003.

 

BETWEEN:

 

                  AMERICAN BUSING CORPORATION,

     a body corporate registered in the State of Nevada, USA

                      (herein "Purchaser")

                               

                                                OF THE FIRST PART

                                                                

                                AND

                               

                         EDMOND FORISTER

         an individual residing in Scottsdale, Arizona.

                        (herein "Vendor")

                               

                                               OF THE SECOND PART.

                                                                

 

     WHEREAS the Purchaser owns 8,500,000 shares of the Purchaser

and does not desire to be director of American Busing Corporation

due to family and other important commitments;

    

     AND   WHEREAS   the   Purchaser   acknowledges   and   agrees    to

repurchase   the 8,500,000 shares of the Purchasers   common   stock

owned by the Vendor, and the Vendor agrees to the cancellation of

all   outstanding   loans   made   by Vendor   to   the   Purchaser,   in

consideration for Purchaser's payment of $21,250 to Vendor;

    

     AND   WHEREAS the transaction contemplated by this Agreement,

and   the parties hereto, are subject to the provisions of a Stock

Purchase   and   Reorganizati


 
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