0001188112-11-002466 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • August 30th, 2011 • Tiger Oil & Energy, Inc. • Miscellaneous chemical products • Nevada

THIS EXCHANGE AGREEMENT (the “Agreement”) made this 29th day of July, 2010 by and among, UTEC, Inc., a Nevada corporation (“Pubco”) on one hand and Jett Rink Oil, LLC, a Kansas limited liability company (the “Company”) and Bill Herndon, the Company’s sole member (the “Selling Member”), on the other hand.

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Contract
Employment Agreement • August 30th, 2011 • Tiger Oil & Energy, Inc. • Miscellaneous chemical products • Nevada

This EMPLOYMENT AGREEMENT (the “Agreement”) dated as of June 1, 2009 between Dr. Fortunato Villamagna (“CEO”), and UTEC Inc., a Nevada Corporation (“the Company”) and its wholly and/or partially-owned subsidiaries and affiliates, now owned or to be acquired in the future by The Company (The Company, subsidiaries and affiliates being hereinafter collectively referred to as the “Companies”), (Dr Fortunato Villamagna and UTEC Corporation being the “Parties” to this Agreement).

ADDENDUM
Exchange Agreement • August 30th, 2011 • Tiger Oil & Energy, Inc. • Miscellaneous chemical products

This addendum modifies that Exchange Agreement dated July 29, 2010 and Amended August 16, 2010 by and between UTEC, Inc., a Nevada corporation (“Pubco”) on one hand and Jett Rink Oil, LLC, a Kansas limited liability company (the “Company”) and Bill Herndon, the Company’s sole member (the “Selling Member”).

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