0001432093-12-000046 Sample Contracts

Contract
Coil Tubing Technology, Inc. • January 23rd, 2012 • Services-health services • Texas

THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAW, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF OR EXERCISED UNLESS (i) A REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS SHALL HAVE BECOME EFFECTIVE WITH REGARD THERETO, OR (ii) AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS IS AVAILABLE IN CONNECTION WITH SUCH OFFER, SALE OR TRANSFER.

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COIL TUBING TECHNOLOGY, INC. Stock Option Agreement
Stock Option Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

COIL TUBING TECHNOLOGY, INC. (the “Company”), for value received, hereby agrees to issue common stock purchase options entitling [EXECUTIVE] (“Holder” or the “Option Holder”) to purchase an aggregate of 301,667 shares of the Company’s common stock (“Common Stock”). Such option is evidenced by option certificates in the form attached hereto as Schedule 1a, Schedule 1b, Schedule 1c and Schedule 1d (such instrument being hereinafter referred to as an “Option,” and such Option and all instruments hereafter issued in replacement, substitution, combination or subdivision thereof being hereinafter collectively referred to as the “Option”). The Option is issued in consideration for services rendered and to be rendered to the Company as the Company’s Chief Executive Officer and evidences the grant of the Option to the Holder by the Board of Directors of the Company in connection with the Company's entry into an Executive Employment Agreement with the Holder on or around November 30, 2010, pursu

AT-WILL EMPLOYMENT, NON-COMPETITION, CONFIDENTIAL INFORMATION, INVENTION ASSIGNMENT AND ARBITRATION AGREEMENT
And Arbitration Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

As a condition of my employment with Coil Tubing Technology, Inc., a Nevada corporation, and/or any of its subsidiaries, affiliates, partners, successors or assigns (together the “Company”), and in consideration of my employment with the Company, ten dollars ($10) and other good and valuable consideration, which I confirm receipt of, and my receipt of the compensation now and hereafter paid to me by the Company, I (the “Employee”) agree to the following:

AGREEMENT FOR EXCHANGE OF COMMON STOCK
Coil Tubing Technology, Inc. • January 23rd, 2012 • Services-health services • Florida

THIS AGREEMENT is made and entered into this ____ day of November, 2005, by and among IPMC Holdings Corp., a Florida corporation ("ISSUER"), and Grifco International, Inc., a Nevada corporation (“GI”) and GI’s wholly-owned subsidiary, Coil Tubing Technologies, Incorporated, a Texas corporation ("CT”). (GI and CT shall collectively herein be referred to as “ACQUIREE”.)

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) entered into on November 18, 2010 (the “Execution Date”), and effective as of November 1, 2010 (the "Effective Date"), is entered into by and between Coil Tubing Technology, Inc., a Nevada corporation (the "Company"), and Jason Swinford (the "Officer"). The Company and Officer are referred to collectively herein as the "Parties."

RESTATEMENT AND NOVATION OF AGREEMENT FOR EXCHANGE OF COMMON STOCK
Restatement and Novation of Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services

THIS RESTATEMENT AND NOVATION OF AGREEMENT FOR EXCHANGE OF COMMON STOCK is entered into on this 8th day of June, 2007, by Grifco International, Inc., a Nevada corporation with its principal place of business in Conroe, Texas (“Grifco”), Coil Tubing Technology, Inc., a Nevada corporation (formerly a Texas corporation) with its principal place of business in Spring, Texas (“CTBG”), Coil Tubing Technology Holdings, Inc., a Nevada corporation and a wholly owned subsidiary of CTBG with its principal place of business in Spring, Texas (“CTT Holdings”).

March 20, 2005 Definitive Acquisition Purchase Agreement Jerry Swinford Coil Tubing Technology Holding, Inc. 19515 Weid Road Suite C Spring, Texas 77388 Jim Dial Grifco International, Inc. Scott, Louisiana 70583
Definitive Acquisition Stock Purchase Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Nevada

This Definitive Acquisition Stock Purchase Agreement dated March 20, 2005 (the “Agreement”), is between Grifco International, Inc., a Nevada corporation (“GFCI”) and the Shareholders of Coil Tubing Technology Holding, Inc., a Texas corporation (“CTTI”) identified on Exhibit A to this Agreement (the “Shareholders”).

AGREEMENT AND RELEASE
Agreement and Release • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services

THIS AGREEMENT is entered into on this 31st day of May, 2007, by Grifco International, Inc., a Nevada corporation with its principal place of business in Conroe, Texas (“Grifco”), James Dial (a.k.a. Jim Dial), a resident of Conroe, Texas (“Dial”), Coil Tubing Technology, Inc., a Nevada corporation with its principal place of business in Spring, Texas (“CTBG”), Coil Tubing Technology Holdings, Inc., a Nevada corporation and a wholly owned subsidiary of CTBG (“CTT Holdings”), and Jerry Swinford a resident of Spring, Texas (“Swinford”).

FIRST AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services

This First Amendment to Executive Employment Agreement (this “Agreement”) dated December 21, 2011 to be effective November 17, 2011 (the “Effective Date”), is by and between Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and Jason Swinford, an individual (“Swinford”), each referred to herein as a “Party” and collectively the “Parties”.

INTELLECTUAL PROPERTY PURCHASE AGREEMENT
Intellectual Property Purchase Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

This Intellectual Property Purchase Agreement (this “Agreement”) is made and entered into on the 30th day of November, 2010, by and among Jerry Swinford, an individual (the “Seller”), and Coil Tubing Technology, Inc., a Nevada corporation (the “Purchaser”), each a “Party” and collectively the “Parties.”

ANTI-DILUTION AND MAKE WHOLE AGREEMENT
Anti-Dilution and Make Whole Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

This Anti-Dilution And Make Whole Agreement (this “Agreement”) is made and entered into as of May 11, 2011 (the “Effective Date”), by and between Coil Tubing Technology, Inc., a Nevada corporation (the “Company”) and Herbert C. Pohlmann, an “affiliate” of the Company (as such term is defined in Rule 144 of the Securities Act of 1933, as amended) and an individual, residing and/or having a principal place of business at 1290 North Ocean Blvd., Palm Beach, Florida 33480 (“Shareholder”), each individually a “Party” and collectively the “Parties.”

VOTING AGREEMENT
Voting Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

This Voting Agreement, dated as of February __, 2011, and effective as of January 21, 2011 (this "Agreement"), is among Jerry Swinford, an individual (“Swinford”), and Herbert C. Pohlmann (“Shareholder”), each a “Party” and collectively the “Parties”.

FIRST AMENDMENT TO ANTI-DILUTION AND MAKE WHOLE AGREEMENT
Anti-Dilution and Make Whole Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services

This First Amendment to Anti-Dilution and Make Whole Agreement (this “Agreement”) is made and entered this ___th day of June 2011, effective as of May 11, 2011 (the “Effective Date”), by and between Coil Tubing Technology, Inc., a Nevada corporation (the “Company”) and Herbert C. Pohlmann, an “affiliate” of the Company (as such term is defined in Rule 144 of the Securities Act of 1933, as amended) and an individual, residing and/or having a principal place of business at 1290 North Ocean Blvd., Palm Beach, Florida 33480 (“Shareholder”), each individually a “Party” and collectively the “Parties.”

GUARANTY
Coil Tubing Technology, Inc. • January 23rd, 2012 • Services-health services • Texas

This Guaranty (the “Guaranty” or the “Agreement”) is made as of November 30, 2010 by Coil Tubing Technology Holdings, Inc., a Nevada corporation ( “Guarantor”) in favor of Jerry Swinford, an individual (“Payee”). When the context in which words are used in this Agreement indicates that such is the intent, singular words shall include the plural, and vice versa, and masculine words shall include the feminine and neuter genders, and vice versa. Captions are inserted for convenience only, are not a part of this Agreement, and shall not be used in the interpretation of this Agreement. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Purchase Agreement and the Notes, unless the context requires otherwise.

INTELLECTUAL PROPERTY ASSIGNMENT
Intellectual Property Assignment • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services

This Intellectual Property Assignment (the “Assignment” or “Agreement”) is entered on January 18, 2012 to be effective as of November 30, 2010, by and between Jerry L. Swinford, an individual residing in the State of Texas (“Assignor”) and Coil Tubing Technology, Inc., a Nevada corporation (“Assignee”). Assignor and Assignee may be referred to herein individually as a “Party” and jointly as the “Parties.”

AND ISSUANCE AGREEMENT
And Issuance Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

THIS CANCELLATION, RESIGNATION, REPAYMENT AND ISSUANCE AGREEMENT (this “Agreement”) is made as of the 16th day of November 2010 (the “Effective Date”), by and between Charles Wayne Tynon (“Tynon”) and Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and its majority owned Nevada subsidiary, Coil Tubing Technology Holdings, Inc. (“Holdings”, and collectively with Coil Tubing, the “Company”), each a “Party” and collectively the “Parties.”

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