PLASTIC 2 OIL JBI INC COMPANY
Exhibit 10.1
June 10th, 2011
PLASTIC 2 OIL
JBI INC COMPANY
Xxxxx Xxxxxxx,P.Eng. General Manager
Coco Asphalt Engineering
A Division of Coco Paving Inc.
Mobile 000-000-0000
Email:xxxxxxxx@xxxxxxxxx.xxx
Office:000-000-0000
Fax:000-000-0000
Supply & Service Agreement
Coco Asphalt Engineering
A Division of Coco Paving Inc.
Dear Xxxx:
This letter confirms that Coco Asphalt Engineering A Division of Coco Paving Inc. Xxxxxxxxxxx, Xxxxxxx, Xxxxxx and JBI INC of 0000 Xxxxxxxxx Xxxx, Xxxxxxx Xxxxxxx (collectively the "Parties") have agreed to proceed with the following terms, pricing, and conditions, defined in this definitive agreement in supplying the Coco asphalt Engineering - A division of Coco Paving Inc. with the following cost saving services for their petroleum distillate/diesel purchases.
JET INC will supply the Coco Asphalt Engineering A Division of Coco Paving Inc. with the following cost saving services:
Petroleum Distillate /Diesel Purchases:
JBI INC will start providing a Petroleum Distillate product to Coca Asphalt Engineering- A division of Coco Paving, to be used in it's manufacturing division ( emulsion ) starting June 10th. 2011, at a discount price of $0.69/litre for a one (1) year period with first option of renewal and purchased solely on Coco's approved weekly/biweekly/monthly demand basis.
THE FOREGOING IS ACCEPTED AS A SUPPLY AND SERVICE AGREEMENT FOR THE FOLLOWING DEPARTMENTS.
Accepted By: ____________________________________________
Xxx Molodynia
VP Business Development JBI, Inc
0000 Xxxxxxxxx Xx.
Xxxxxxx, Xxxxxxx, Xxxxxx LOS 1K0
(905)384-4383 ext. 225
Coco Asphalt Engineering
A Division of Coco Paving Inc.
Accepted By:
Xxxxx Xxxxxxx, P.Eng.
General Manager
Coco Asphalt Engineering
A Division of Coco Paving Inc. Mobile 000-000-0000
Email xxxxxxxx@xxxxxxxxx.xxx
Office 000-000-0000
Fax 000-000-0000
Dated: June 10th, 2011