STOCK SUBSCRIPTION AGREEMENTStock Subscription Agreement • March 2nd, 2009 • Kal Energy Inc • Metal mining • Delaware
This subscription agreement is made between KAL Energy, Inc., a Delaware corporation (the “Company”), and the undersigned prospective purchaser who is subscribing hereby for __________________________ shares of common stock , par value $0.0001 per share, (the “Shares”) of the Company. The purchase price per Share is $0.01 (the “Purchase Price”). There is no minimum amount which must be subscribed for in order for the Company to close on subscriptions. This subscription is submitted to you in accordance with and subject to the terms and conditions described in this subscription agreement (the “Agreement”).
SETTLEMENT AND RELEASE AGREEMENT FOR COMMON STOCKSettlement and Release Agreement • March 2nd, 2009 • Kal Energy Inc • Metal mining • Delaware
In light of both parties desire to resolve the debts of KAL Energy, Inc., a Delaware corporation (the “Company”) with the undersigned, this Settlement and Release Agreement (the “Agreement”) is made between the Company and the undersigned, whereby the undersigned (the “Creditor”) will take ________________________________________ shares of common stock , par value $0.0001 per share, (the “Shares”) of the Company in complete settlement and satisfaction of the $__________________________________ (the “Settlement Amount”) owed the Creditor, which is effectively a purchase price of $0.012 per common share (the “Purchase Price”). This Agreement is in accordance with and subject to the terms and conditions described below.
