From:
[email protected]Subject: PSA & PSPA Documents
Dear Mr. Victim,
Attached to this email you will find the documentation necessary in order to
pursue your compensation, you are required to sign and send back the copies
of both your Payment Settlement Agreement (PSA) and your Private Share
Purchase Agreement (PSPA).
The required pages only to be sent are the first and last page of each
settlement, totalling four pages only to scan and send back for your
convenience.
Once we receive the documents back from you, we will then submit this with
my compliance team to ensure all is in good order.
Please do not hesitate to contact us back if you have any further questions
regarding the here attached documents or any other queries regarding the
matter.
Kind Regards,
Diane Lustman
Administration Department
Carmine Hoffman Law Firm LLP
The Chrysler Building
405 Lexington Avenue at 42nd Street
New York, NY 10174, USA
Tel: +1 646 586 2038
Web:
http://www.carminehoffmanlaw.com / E-mail:
[email protected]PAYMENT SETTLEMENT AGREEMENT AND MUTUAL RELEASES
This Payment Settlement Agreement (this “Agreement") is entered into this March 30, 2017, effective as of the date hereof (the "Effective Date") by and between Mr. Victim, a resident of the United Kingdom ("Shareholder") and Carmine Hoffman Law Firm LLP, a corporation in New York, NY ('' Carmine Hoffman Law Firm LLP" and together with Mr. Victim collectively referred to herein as the "Parties").
RECITALS
A. The Parties entered into a Private Stock Purchase an Escrow Agreement on March 30, 2017 pursuant to which Carmine Hoffman Law Firm LLP purchased a certain 40,000 of shares in OIL & GAS US INC. from Mr. Victim (the "PSPA").
B. Pursuant to Article 1 of the PSPA, Carmine Hoffman Law Firm LLP agreed to pay to Mr. Victim a certain Payout for shares Mr. Victim holds in OIL & GAS US INC.
C. $160,000.00 as the total payout have been accepted by Mr. Victim and will be paid by Carmine Hoffman Law Firm LLP to Mr. Victim within 5 (five) business days.
D. Subject to the terms and conditions set forth in this Agreement, Carmine Hoffman Law Firm LLP has agreed to pay to Mr. Victim the amount of $160,000.00, which, by agreement of the Parties hereunder, will constitute full payment of the Payout obligation set forth in the PSPA, including all past, present and future payment obligations.
E. Additionally, the Parties have agreed to provide certain releases and covenants in regards to the shares held by Mr. Victim
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows
PRIVATE STOCK PURCHASE AND ESCROW AGREEMENT
THIS PRIVATE STOCK PURCHASE AND ESCROW AGREEMENT (this "Agreement") is made as of March 30, 2017, by and among Mr. Victim (the "Seller"), a citizen of United Kingdom residing at:
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Carmine Hoffman Law Firm LLP, classed as ("PURCHASER"), a corporation in the United States, having offices at The Chrysler Building, 405 Lexington Avenue at 42nd Street, New York, NY 10174, USA and Regulators Department Washington, the Government appointed Regulatory Entity (the "Regulator")
WITNESSETH:
WHEREAS, the Purchaser shall be purchasing from the Seller 40,000 shares (the "Shares") of the stock of OIL & GAS US INC. at a per share purchase price which shall be $ 4.00 per share ("Purchase Price") for a total of US Dollars $ 160,000.00 (One hundred and sixty thousand US Dollars and No Cents);
WHEREAS, it is intended that the transfer of the Shares be consummated in accordance with the requirements of Sections 4(1) of the Securities Act of 1933, as amended ("1933 Act"); and
WHEREAS, the Seller and the Purchasers have requested that the Regulator holds the Purchase Price in escrow with respect to the settlement of the Shares until the Regulator has received all items required hereunder from the Seller and the Purchase.
NOW, THEREFORE, in consideration of the covenants and mutual promises contained herein and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged and intending to be legally bound hereby, the parties agree as follows:
