0001211524-04-000043 Sample Contracts

DEBT SETTLEMENT AGREEMENT
Debt Settlement Agreement • April 1st, 2004 • Solar Energy LTD • Electric & other services combined

Agreement made on August 27, 2003 between Bay Cove Capital Corp. with offices located at 1818 – 1177 West Hastings Street, Vancouver, Canada V6E 2K3, referred to as Creditor and Solar Energy Limited with offices located at 112 C Longview Drive, Los Alamos, New Mexico 87544 referred to as Debtor.

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