MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • April 5th, 2012 • Powerverde, Inc. • Motors & generators • Florida
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is entered into as of March 30, 2012, by and between BRYCE JOHNSON (“Johnson”), PAUL KELLY, (“Kelly”), and VINCE HILS (“Hils”) (Hils, Johnson and Kelly are individually referred to as a “Seller” and collectively as the “Sellers”), and POWERVERDE, INC., a Delaware corporation (the “Buyer”). The Buyer and each of the Sellers are sometimes referred to in this Agreement as a “Party” and collectively as the “Parties.”
