0001213900-09-002166 Sample Contracts

Cancellation Agreement

Cancellation Agreement • August 18th, 2009 • Energy & Technology Corp. • Oil & gas field services, nec • Delaware

• Contract Type
  Cancellation Agreement
• Filed
  August 18th, 2009
• Company
  Energy & Technology Corp.
• Industry
  Oil & gas field services, nec
• Jurisdiction
  Delaware

This CANCELLATION AGREEMENT (the "Agreement"), dated as of May 19, 2009, by and among Energy & Technology, Corp. (the "Company"), American Interest, LLC ("American Interest"), and Sfeir Family Trust ("Sfeir Trust") collectively American Interest and Sfeir Trust, the "E&T Majority Shareholders", contemplates the cancellation of 165,100,000 shares of E&T common stock, par value $0.001 (the "Common Stock").