Debt Settlement Sample Contracts

DEBT SETTLEMENT Dated as of November 28, 2016
Debt Settlement • December 2nd, 2016 • New Asia Energy Inc. • Services-business services, nec • Colorado

This Debt Settlement and Release Agreement (this "Agreement") is dated as of the date first set forth above (the "Effective Date"), and is entered into by and between (i) New Asia Energy, Inc., a Colorado corporation (the "Company"); (ii) Rock Capital Ltd, previously the principal controlling and currently a minority shareholder of the Company ("Rock Capital") collectively referred to herein as the "Parties" and each as a "Party."

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