EXHIBIT 10.6
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STOCK REPURCHASE AGREEMENT
THIS AGREEMENT is made and entered into by and between Empire Minerals
Corp., a Delaware corporation ("Company") and Xxxxx Xxxx ("Seller") this 18th
day of June 2007.
RECITALS
WHEREAS, the Seller is the owner of all the rights, title and interest in
and the 100 outstanding shares of the Company's Series I Preferred Stock
("Subject Stock"); and
WHERAS, the Company desires to repurchase and retire the Subject Stock and
the Seller is willing to sell the Subject Stock to the Company
NOW THERFOR AND IT HEREBY IS AGREED as follows;
1. The Seller hereby sells to the Company and the company hereby
purchases from the Seller the Subject Stock.
2. The Company shall at the execution hereof pay to the Seller, as the
purchase price for the Subject Stock, the sum of $10,000; the receipt
of which is acknowledged by the Seller by this execution thereof.
3. The Seller shall endorse and deliver to the Company at the execution
hereof the stock certificate representing the Subject Shares; the
receipt of which is acknowledged by the Company by its execution
hereof.
Executed in counterpart by the parties as of the date first above written.
SELLER
/s/ Xxxxx Xxxx
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Xxxxx Xxxx
Empire Minerals Corp.
By: /s/ Xxxxxxx Xxxxxxx
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Xxxxxxx Xxxxxxx
President