ContractReturn of Asset Agreement • May 28th, 2013 • Minerco Resources, Inc. • Drilling oil & gas wells • Texas
Contract Type FiledMay 28th, 2013 Company Industry JurisdictionTHIS RETURN OF ASSET AGREEMENT (the “Agreement”) is dated the 25th day of May, 2013, by and among Minerco Resources, Inc., a Nevada corporation, on behalf of its wholly owned subsidiary, Minerco Honduras S.A., a Corporation formed and operated under the laws of Honduras, which is publicly traded on the Over-The-Counter Bulletin Board (OCTQB: MINE) hereinafter referred to as the “Buyer”, and Energia Renovable Hondureñas S.A. (ERHSA), a Corporation formed and operated under the laws of Honduras hereinafter referred to as the “Seller”, (hereinafter sometimes referred to collectively as the “Parties”).