0001144204-15-017848 Sample Contracts

Memorandum of Understanding
Memorandum of Understanding • March 23rd, 2015 • Magnegas Corp • Special industry machinery, nec • Florida

This binding Memorandum of Understanding (“MOU”) is entered into on March 13, 2015 by and between MagneGas Corporation ("MNGA") of Tarpon Springs, Florida and Old Well Capital SA DE CV of Morelos, Mexico (“OWC”) sometimes referred to herein as the (“Parties”).

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