ContractAbrasive Fluid Jet Technology Purchase Agreement • May 5th, 2020 • Texas
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.1 2 ex10_1.htm EXHIBIT 10.1 Exhibit 10.1 ABRASIVE FLUID JET TECHNOLOGY PURCHASE AGREEMENT THIS AGREEMENT (herein the “Agreement”) is made and entered into as of this 25th day of August, 2005, by and between Alberta Energy Partners, a general partnership organized in the State of Texas and consisting of Mark McAfee and Mark Alley as its two partners, and having its principal office in Montgomery County, Texas (herein “Alberta”), and Blast Energy Services, Inc., f/k/a Verdisys, Inc., a corporation incorporated in the State of California and having its principal office at 14550 Torrey Chase Boulevard, Suite 330, Houston, Texas 77014 (herein “Blast”) (collectively referred to as the “Parties” or individually as “Party”). WHEREAS, Alberta owns the Abrasive Fluid Jet Technology (or “Technology” as more particularly defined herein), and is willing to grant to Blast a one-half interest therein as set forth in this Agreement; and WHEREAS, Blast desires to own a one-half interest in such T