Exhibit 21.3
AGREEMENT
THIS AGREEMENT made this29th day November, 2002, by and between Choice
Waste System Holdings, Inc., a Florida corporation in good standing, hereinafter
referred to as "Choice", and American Waste, L.L.C, a Florida limited liability
company in good standing, Xxxx X. XxXxxxxx and Xxxxxxx X. XxXxxxxx, hereinafter
collectively referred to as "XxXxxxxx", for and in consideration of the mutual
covenants contained herein and the sum of Ten ($10.00) dollars, receipt of which
is acknowledged:
1. XxXxxxxx'x interest in American Waste, L.L.C., has a collective value of
$80,000.00.
2. Choice shall issue shares of stock to XxXxxxxx at the rate of $2.25 per share
in order to repay XxXxxxxx the $80,000.00 worth of value owned by XxXxxxxx in
American Waste, L.L.C.
3. The purpose of this Agreement is to provide for an appropriate
equalization and recognition of value of the capital investment held by XxXxxxxx
in American Waste, L.L.C.
5. This Agreement shall augment that certain Unit Purchase Agreement entered
into by and between XxXxxxxx and Choice dated Nov 29th , such that XxXxxxxx will
be receiving an equal trade of the units of membership in American Waste,
L.L.C., for Choice and XxXxxxxx will receive additional stock from Choice
representing the value of their investment in American Waste, X.XX.
6. The issuance of stock shall be simultaneous with execution of this Agreement.
7. The foregoing terms and conditions constitute the entire Agreement by and
between the parties hereto. Any representations not contained herein shall be of
no force or effect and shall be null and void.
WHEREFORE, the parties hereto have hereunder set forth their hand and seals on
the day and date first above-written. American Waste, L.L.C. Choice Waste System
Holdings, Inc.
BY: /s/ Will Xxxxxxx BY: /s/ Will Xxxxxxx
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Will Xxxxxxx Managing Member
Will Xxxxxxx President
/s/ Xxxx X. XxXxxxxx /s/ Xxxxxxx X. XxXxxxxx
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Xxxx X. XxXxxxxx Xxxxxxx X. XxXxxxxx
