Exhibit 21.4
AGREEMENT
THIS AGREEMENT made this 25 day of November, 2002, by and between
Choice Waste System Holdings, Inc., a Florida corporation in good standing,
hereinafter referred to as "Choice", and T &W Lakeside, Inc., a Florida
corporation in good standing, Xxxxxx X. Xxxxxx, Xxxx X. Xxxxxx, Xxxxx X. Xxxxxx
and Xxxx X. Xxxxx, hereinafter collectively referred to as "Xxxxxx", for and in
consideration of the mutual covenants contained herein and the sum of Ten
($10,00) dollars, receipt of which is acknowledged:
1. Xxxxxx'x interest in T &. W Lakeside, Inc., has a collective value of
$30,000.00.
2. Choice shall issue shares of stock to Xxxxxx at the rate of $2.25 per share
in order to repay Xxxxxx the $30,000.00 worth of value owned by Xxxxxx in T&W
Lakeside. Inc-
3. Xxxxxx'x shares of stock shall be divided between Xxxxxx: 40% to Xxxxx X.
Xxxxxx, then 20% to Xxxxxx X. Xxxxxx, 20% to Xxxx X. Xxxxxx and 20% to Xxxx X.
Xxxxx.
4. The purpose of this Agreement is to provide for an appropriate equalization
and recognition of value of the capital investment held by Xxxxxx in T&.W
Lakeside, Inc.
5. This Agreement shall augment that certain Stock Purchase Agreement entered
into by and between Xxxxxx and Choice dated 11/19/02 , such that Xxxxxx will be
receiving a share for share trade of the stock in T&W Lakeside, Inc., for Choice
and Xxxxxx will receive additional stock from Choice representing the value of
their investment in T&W Lakeside, Inc.
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.
T&W Lakeside, Inc. Choice Waste System Holdings, Inc.
BY: /s/ Will Xxxxxxx BY: /s/ Will Xxxxxxx
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Will Xxxxxxx Will Xxxxxxx
President President
/s/ Xxxxx X. Xxxxxx /s/ Xxxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx Xxxxxx X. Xxxxxx
/s/ Xxxx X. Xxxxx /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxx Xxxx X. Xxxxxx