Share Purchase and Sale Agreement between Patrick Laurie and Eco Innovation Group Inc.

Summary

This agreement, effective May 18, 2021, is between Patrick Laurie (the seller) and Eco Innovation Group Inc. (the buyer). Patrick Laurie agrees to sell his one Class "A" share, representing all issued and outstanding shares of ECOIGCANADA INC., to Eco Innovation Group Inc. for $1.00. The seller confirms he has the right to transfer the share and that it is free of any claims. The buyer agrees to pay the full purchase price on the agreement date, resulting in a complete transfer of ownership of the corporation.

EX-10.1 2 ex10x1.htm EXHIBIT 10.1 SHARE PURCHASE AND SALE AGREEMENT

Exhibit 10.1

 

SHARE PURCHASE AND SALE AGREEMENT

 

THIS AGREEMENT made effective as of the 18th day of May, 2021.

 

BETWEEN:

 

PATRICK LAURIE,

of the City of St. Albert,

in the Province of Alberta

 

(hereinafter referred to as the “Vendor”)

 

 

OF THE FIRST PART

 

- and -

 

 

 

Eco Innovation Group Inc.

a body corporate duly incorporated pursuant

to the laws of the State of Nevada

in the United States of America

 

(hereinafter referred to as the “Purchaser”)

 

OF THE SECOND PART

 

 

 

WHEREAS the Vendor is a Shareholder in ECOIGCANADA INC., a body Corporate duly incorporated pursuant to the laws of the Province of Alberta, (hereinafter referred to as the “Corporation”);

 

AND WHEREAS the Vendor is desirous of selling his One Class (1) Class “A” Share in the Corporation to the Purchaser and the Purchaser is desirous of purchasing same, which Share represents all the issued and outstanding shares in the capital of the Corporation.

 

NOW THEREFORE the parties hereto covenant and agree with one another as follows:

 

1.       The Vendor hereby sells to the Purchaser effective as of the date of this Agreement One (1) Class “A” Share in the capital of the Corporation for $1.00 per share, for a total Purchase Price of $1.00.

 
 
 

 

 

2.       The Purchaser agrees to pay the full Purchase Price to the Vendor on the date of this Agreement.

 

3.       The Vendor warrants and covenants that he has done no acts whatsoever to encumber the said Share and that he is entitled at law to transfer the said Share.

 

4. The said Share represents all the issued and outstanding shares in the capital of the Corporation.

 

IN WITNESS WHEREOF the parties have executed this Agreement effective as of the day and year first above written.

 

 

    /s/ Patrick Laurie
  PATRICK LAURIE
     
    Eco Innovation Group Inc.
    Per:
     
    /s/ Julia Otey-Raudes