ASSIGNMENT AND ASSUMPTION OF PLANET LEASE AGREEMENTAssignment and Assumption of Planet Lease Agreement • December 28th, 2005 • Azco Mining Inc • Metal mining
For consideration received, Metallica Ventures LLC, a Wyoming limited liability company (“Assignor”), hereby assigns and delegates to Azco Mining Inc., a Delaware corporation (“Assignee”), and Assignee hereby agrees to assume and accept the assignment and delegation of, all of Assignor’s right, title and interest in and to that certain Lease with Option to Purchase effective as of September 5, 2000, originally executed between New Planet Copper Mining Company, a Delaware corporation (“New Planet”) and Assignee (the “Planet Lease Agreement”), including without limitation the remaining lease payments, option to purchase and royalty payments under that agreement. A copy of the Planet Lease Agreement is attached hereto as Exhibit A and by this reference is made part hereof.
ASSIGNMENT AND ASSUMPTION OF PLANET LEASE AGREEMENTAssignment and Assumption of Planet Lease Agreement • December 28th, 2005 • Azco Mining Inc • Metal mining
For valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Azco Mining Inc., a Delaware corporation (“Assignor”), hereby assigns and delegates to Metallica Ventures LLC, a Wyoming limited liability company (“Assignee”), and Assignee hereby agrees to assume and accept the assignment and delegation of, all of Assignor’s right, title and interest in and to that certain Lease with Option to Purchase effective as of September 5, 2000, between New Planet Copper Mining Company, a Delaware corporation (“New Planet”) and Assignor (the “Planet Lease Agreement”), including without limitation the remaining lease payments, option to purchase and royalty payments under that agreement. A copy of the Planet Lease Agreement is attached hereto as Exhibit A and by this reference is made part hereof.
