Acknowledgement and Confirmation Agreement Sample Contracts

ACKNOWLEDGEMENT AND CONFIRMATION AGREEMENT
Acknowledgement and Confirmation Agreement • May 5th, 2015 • Vertex Energy Inc. • Petroleum refining • Texas

This Acknowledgement and Confirmation Agreement (this “Agreement”) dated April 30, 2015 (the “Effective Date”), is by and among Vertex Energy, Inc., a Nevada corporation (“Parent”), Vertex Refining NV, LLC, a Nevada limited liability company and wholly-owned subsidiary of Parent (“Vertex Refining” and collectively with Parent, “Vertex”), Bango Oil, LLC, a Nevada limited liability company (“Bango Oil”), RESC, LLC, a Nevada limited liability company (“RESC”) and Diatom, LLC, a Nevada limited liability company (“Diatom” and collectively with Bango Oil and RESC, the “Potential Share Recipients” and individually, a “Potential Share Recipient”), each a “Party” and collectively the “Parties.”

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