SHARE EXCHANGE AGREEMENT among ALAS AVIATIONS CORP, a Delaware Corporation, OELC LLC, a Delaware Limited Liability Company Corporation, And THE SHAREHOLDERS OF OELC LLC Dated: December 31, 2013Share Exchange Agreement • December 31st, 2013 • Alas Aviation Corp. • Telephone & telegraph apparatus • Minnesota
This SHARE EXCHANGE AGREEMENT (the “Agreement”) has been made and entered into as of this 31st day of December, 2013, by and among Alas Aviation Corp., a Delaware corporation having its principal business address at 2741 Lemon Grove Ave., Lemon Grove, CA 91928 (“ALAS” or the “Company”) and OELC LLC, a Delaware Limited Liability Company having its principal business address at 4885 Ward Road, Suite 300, Wheat Ridge, CO 80033 ("OELC"), the shareholders of OELC that represent 100% of the issued and outstanding shares of OELC and their designees as set forth on Schedule 1.1 attached hereto (collectively, jointly and severally "OELC Parties"). (the Company, OELC and the OELC Parties may hereinafter be referred to individually as a “Party” collectively as the “Parties”).
