Cancellation, Resignation, Repayment and Issuance Agreement Sample Contracts

AND ISSUANCE AGREEMENT
Cancellation, Resignation, Repayment and Issuance Agreement • January 23rd, 2012 • Coil Tubing Technology, Inc. • Services-health services • Texas

THIS CANCELLATION, RESIGNATION, REPAYMENT AND ISSUANCE AGREEMENT (this “Agreement”) is made as of the 16th day of November 2010 (the “Effective Date”), by and between Charles Wayne Tynon (“Tynon”) and Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and its majority owned Nevada subsidiary, Coil Tubing Technology Holdings, Inc. (“Holdings”, and collectively with Coil Tubing, the “Company”), each a “Party” and collectively the “Parties.”

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