MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENTMembership Interest Purchase and Sale Agreement • May 28th, 2020 • Taronis Fuels, Inc. • Special industry machinery, nec • Arizona
THIS MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (this “Agreement”) is entered into this 26th day of May, 2020 (the “Effective Date”) by and between [___________________] (each a “Seller” and collectively, the “Sellers”), TARONIS FUELS, INC., a Delaware corporation (“Purchaser”) and TARONIS-TGS, LLC, a Delaware limited liability company “(Purchaser Designee”), and [__________________________] (the “Company”). Sellers, Purchaser, and the Company are each sometimes referred to herein as a “Party” and collectively as the “Parties.”
MEMBERSHIP INTEREST PLEDGE AGREEMENTMembership Interest Pledge Agreement • May 28th, 2020 • Taronis Fuels, Inc. • Special industry machinery, nec
THIS MEMBERSHIP INTEREST PLEDGE AGREEMENT (this “Agreement”) is made as of this 26th day of May, 2020 (“Effective Date”), by Taronis-TGS, LLC (“Pledgor”), for the benefit of [ ]. The term “Pledgee” shall mean [ ], in [his/her/its] capacity as collateral agent for [ ].
