0001019056-12-001137 Sample Contracts

AGREEMENT
Surrender Agreement • October 22nd, 2012 • Powerverde, Inc. • Motors & generators • Florida

THIS AGREEMENT (this “Agreement”), dated as of October 16, 2012, is by and among POWERVERDE, INC., a Delaware corporation (the “Company”), GEORGE KONRAD, (“Konrad”), and ARIZONA RESEARCH AND DEVELOPMENT INC., an Arizona corporation owned by Konrad (“ARD”).

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