Extension Agreement to Memorandum of Understanding between MagneGas Corporation and Green Gas Supply, LLC

Contract Categories: Business Operations › MOUs
Summary

MagneGas Corporation and Green Gas Supply, LLC have agreed to extend the expiration date of their existing Memorandum of Understanding to November 18, 2015. This extension is confirmed by both parties through their authorized representatives. No other terms of the original agreement are changed by this extension.

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EX-10.1 2 v422920_ex10-1.htm EXHIBIT 10.1

Exhibit 10.1

 

October 21, 2015

 

Ms. Luisa Ingargiola

MagneGas Corporation

150 Rainville Road

Tarpon Springs, FL 34689

 

Re:Memorandum of Understanding between MagneGas Corporation and Green Gas Supply, LLC.

  

 

Dear Luisa:

 

This letter will confirm that we have agreed to extend the date of expiration of the referenced Memorandum of Understanding to November 18, 2015.

 

Please sign and date in the space indicated below to acknowledge our agreement to extend.

 

Very truly yours,

 

GREEN GAS SUPPLY, LLC.

 

By: /s/ Clinton Rafe Dean                                         

       Clinton Rafe Dean

       Manager

 

 

ACKNOWLEDGED:

 

MAGNEGAS CORPORATION

 

By: /s/ Luisa Ingargiola   Date: 10/21/2015  
  Luisa Ingargiola         
  Chief Financial Officer