Series a Preferred Stock Cancellation Agreement Sample Contracts

SERIES A PREFERRED STOCK CANCELLATION AGREEMENT

Series a Preferred Stock Cancellation Agreement • December 13th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment • Texas

• Contract Type
  Series a Preferred Stock Cancellation Agreement
• Filed
  December 13th, 2012
• Company
  Coil Tubing Technology, Inc.
• Industry
  Oil & gas field machinery & equipment
• Jurisdiction
  Texas

THIS SERIES A PREFERRED STOCK CANCELLATION AGREEMENT (this “Agreement”) is made as of the 5th day of December 2012, to be effective as of November 30, 2010 (the “Effective Date”), by and between Jerry Swinford (“Swinford”) and Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and its wholly-owned Nevada subsidiary, Coil Tubing Technology Holdings, Inc. (“Holdings”, and collectively with Coil Tubing, the “Company”), each a “Party” and collectively the “Parties.”