Cancellation of Management Consulting Contract
Management
Consulting Contract
The
Consulting Agreement entered into on July 22, 2005 by and between Axial Vector
Engine Corporation., a Nevada Corporation (hereinafter the "Company") and
Twilight Bay, L.L.C., (hereinafter the "Consultant"), having not been
consummated and the parties agreeing it is in the best interest of both parties
that the Agreement not proceed at this time, now therefore it is hereby agreed
that the Management Consulting Agreement of July 22, 2005 is cancelled with
no
obligation between either party to the other.
This
Agreement sets forth the entire agreement and understanding between the parties
and supersedes all prior discussions, agreements and understandings of every,
and any, nature between them.
IN
WITNESS WHEREOF, the parties have caused this Agreement to be signed as of
the
day and year first written above.
Dated:
Nov. 1,
2005 Dated:
11-1-05
Twilight
Bay,
L.L.C. Axial
Vector
Engine Corporation
/s/
Xxxxx Xxxx /s/
Xxxxxx Xxxxxxx
Xxxxx
Xxxx
Xxxxxx
Xxxxxxx
Director Secretary/Treasurer
Premier
Management
Ltd.
