DEVELOPMENT AGREEMENT BETWEEN HEMIWEDGE VALVE CORPORATION AND AT BALANCE AMERICAS LLCDevelopment Agreement • August 14th, 2006 • Shumate Industries Inc • Fabricated structural metal products • Texas
Date"), and is between HEMIWEDGE VALVE CORPORATION, a Texas corporation (hereinafter "HVC"), a wholly-owned subsidiary and Affiliate of Shumate Industries, Inc., ("SHUMATE") having an office at 12060 FM 3083, Conroe, TX 77301, and AT BALANCE AMERICAS LLC, a Limited Liability Corporation organized under the laws of Delaware (hereinafter "@BALANCE"), a wholly-owned subsidiary and Affiliate of Shell Technology Ventures, having an office at 11767 Katy Freeway, Suite 1030, Houston, TX 77069. HVC and @BALANCE may be referred to herein individually as a "Party" or collectively as "the Parties."
