CERTIFICATE OF INCORPORATION ARTICLE 1
EX-10.6 5 exhibit10-6.htm exhibit10-6.htm
CERTIFICATE OF INCORPORATION
ARTICLE 1
The name of the Company is Aquablue International Iceland ehf. The Company’s registered office is at Solheimar 27, 104 Reykjavik.
ARTICLE 2
The objectives of the Company are to run a production facility for beverage and other related operation.
ARTICLE 3
The Share Capital of the Company is ISK 500,000. The Shares shall be divided into multiple of 1 krona. Shareholders shall have priority right of purchase of all new shares in direct proportion to their holdings. Only a shareholders’ meeting can decide upon a decrease of the Share Capital.
ARTICLE 4
Registration to Share Capital is as follows:
Aquablue International, in Canada, ISK 250,000
Graenhalio fasteignafelag ehf., kt/Reg. no., 431 105-0200, ISK 125,000
Gunnar Friorik Birgisson, kt./ID-number 160567-5549, ISK 62,500
Arni Stefansson, kt./ID-number 191164-3429, ISK 62,500
The entire Shares Capital has been paid in.
ARTICLE 5
The cost associated with the foundation and registration of the Company, estimated to be as much as ISK 250,000 will come out of Company funds.
MAY 1, 2009
| /s/Arni Stefansson | | /s/Gunnar Fiorik Birgisson |
| Arni Stefansson | | Gunnar Friorik Birgisson |
