0001493152-18-013174 Sample Contracts

ASSIGNMENT AND ACCEPTANCE AGREEMENT
Assignment and Acceptance Agreement • September 13th, 2018 • Magnegas Corp • Special industry machinery, nec • New York

This ASSIGNMENT AND ACCEPTANCE AGREEMENT (this “Agreement”), is entered into on this 11th day of September, 2018 (“Effective Date”), by and between First Choice International Company, Inc., a Delaware corporation (the “Assignor”), and Alto Opportunity Master Fund SPC – Segregated Master Portfolio B (the “Assignee”) and MagneGas Corporation, a Delaware corporation (“Company”). The Assignor, Assignee and Company are individually referred to herein as a “party” and collectively as the “parties”.

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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • September 13th, 2018 • Magnegas Corp • Special industry machinery, nec • New York

This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made on August 28, 2018, by and between MagneGas Corporation, a Delaware corporation (“Company”) and First Choice International Company, Inc., a Delaware corporation (“Buyer”).

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