Form of Assignment

EX-10.1 2 v476537_ex10-1.htm EXHIBIT 10.1

Exhibit 10.1

 

 

ASSIGNMENT OF PURCHASE AGREEMENT

 

FOR VALUE RECEIVED, the receipt of which is hereby acknowledged, MagneGas Corporation, a Delaware corporation (“Undersigned”) hereby grants, assigns, and transfers to its wholly owned subsidiary MagneGas Energy Solutions, LLC, a Delaware limited liability company (“Assignee”), “as is” and without recourse that certain MagneGas Systems Purchase Agreement entered into between the Assignor and Talon Ventures & Consulting GmbH on December 30, 2016.

 

TOGETHER and all rights accrued or to accrue under said MagneGas Systems Purchase Agreement “as is”.

 

 

Dated this 2nd day of October, 2017.

  

ASSIGNOR:  
     
By:    
Name: Ermanno Santilli  
Title: Chief Executive Officer  
     
     
ASSIGNEE:  
     
By:    
Name: Ermanno Santilli  
Title: Chief Executive Officer