Release and Cancellation of Indebtedness Sample Contracts

RELEASE AND CANCELLATION OF INDEBTEDNESS

Release and Cancellation of Indebtedness • March 11th, 2008 • Quantum Fuel Systems Technologies Worldwide Inc • Motor vehicle parts & accessories • Michigan

• Contract Type
  Release and Cancellation of Indebtedness
• Filed
  March 11th, 2008
• Company
  Quantum Fuel Systems Technologies Worldwide Inc
• Industry
  Motor vehicle parts & accessories
• Jurisdiction
  Michigan

This Release and Cancellation of Indebtedness (the “Agreement”) is entered into as of March 10, 2008, by and between Tecstar Automotive Group, Inc. (“TAG”), WB Automotive Holdings, Inc. (“WB Holdings”), and Quantum Fuel Systems Technologies Worldwide, Inc. (“Quantum”) (collectively, the “Parties”).