0000950147-01-500365 Sample Contracts

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Exhibit 10.34 December 29, 2000 Intavest Pty Ltd. 39 De Havilland Road Mordialloc 3195 Victoria, Australia Attention: Mr. Peter D. Voss, Managing Director Dear Peter Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE...
Agreement for Conversion of Debt Into Shares • February 20th, 2001 • Solpower Corp • Chemicals & allied products • Arizona

Intavest Pty Ltd., ("Intavest") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 420,000 shares of common stock of Solpower (the "Shares") to Intavest. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Intavest at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $105,000.00 (the "Debt").

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