ASSIGNMENT AND ASSUMPTION ON AGREEMENT AMONG BLUE EARTH SOLUTIONS, INC., DATAMEG CORPORATION, AMERICAN MARKETING & SALES, INC., AND THE PRINCIPAL SHAREHOLDERS.Assignment and Assumption Agreement • May 15th, 2009 • Datameg Corp • Communications services, nec
This Assignment and Assumption Agreement is dated as of March 17, 2009 (the "Agreement"), between Blue Earth Solutions, Inc., a Nevada corporation ("Buyer" or "Blue Earth"), Datameg Corporation, a Delaware corporation ("Datameg" or "Seller" or "Parent Maker"), American Marketing & Sales, Inc., a Massachusetts corporation (the "Company" or "American Marketing") and Leonard J. Tocci, Lynel J. Tocci, Leanne J. Whitney, and Linnea J. Clary. Leonard J. Tocci (collectively, the "Principal Shareholders"). This Assignment and Assumption Agreement is entered into on the basis of the following facts, understandings and intentions of the parties.
