STOCK REPURCHASE AGREEMENT
Exhibit 10.01
Xxxxxxx X. Xxxxxxx hereby agrees to sell to Friendly Energy Exploration and Friendly Energy Exploration agrees to purchase 350,000 preferred voting shares of Friendly Energy Exploration for a total price of $35,000. Payment is to be made to Xxxxxxx X. Xxxxxxx in the form of a note with interest of 8% per annum from April 1, 2010 all due and payable in one year from this date.
Agreed this 31st day of March 2010.
XXXXXXX X. XXXXXXX
/s/ Xxxxxxx X. Tallant_________
/s/ Xxxxxx Xxxxx ____________
By: Xxxxxx X. Xxxxx, Chief Financial Officer