LOAN CONSOLIDATION AND RESTRUCTURING AGREEMENT by and among CASPIAN SERVICES, INC. and BAKHYTBEK BAISETOV Dated as of July 31, 2011Loan Consolidation and Restructuring Agreement • August 9th, 2011 • Caspian Services Inc • Crude petroleum & natural gas • Utah
Contract Type FiledAugust 9th, 2011 Company Industry JurisdictionThis LOAN CONSOLIDATION AND RESTRUCTURING AGREEMENT, dated as of July 31, 2011 (this “Agreement”), is entered into by and among Caspian Services, Inc., a corporation duly organized and existing under the laws of the State of Nevada (“Caspian Services”), and Bakhytbek Baiseitov, an individual residing in the Republic of Kazakhstan (“Baiseitov”). Capitalized terms used herein shall have the meanings set forth in Section 1 hereof.