PLASTIC 2 OIL JBI INC COMPANY

June 10th, 2011

 

JBI INC COMPANY

 

Steve Manolis,P.Eng. General Manager

Coco Asphalt Engineering

A Division of Coco Paving Inc.

Mobile ###-###-####

Office ###-###-####

Fax ###-###-####

 

 

Coco Asphalt Engineering

A Division of Coco Paving Inc.

 

Dear Jeff:

 

This letter confirms that Coco Asphalt Engineering A Division of Coco Paving Inc. Mississauga, Ontario, Canada and JBI INC of 1783 Allanport Road, Thorold Ontario (collectively the "Parties") have agreed to proceed with the following terms, pricing, and conditions, defined in this definitive agreement in supplying the Coco asphalt Engineering - A division of Coco Paving Inc. with the following cost saving services for their petroleum distillate/diesel purchases.

 

JET INC will supply the Coco Asphalt Engineering A Division of Coco Paving Inc. with the following cost saving services:

 

JBI INC will start providing a Petroleum Distillate product to Coca Asphalt Engineering- A division of Coco Paving, to be used in it's manufacturing division ( emulsion ) starting June 10th. 2011, at a discount price of $0.69/litre for a one (1) year period with first option of renewal and purchased solely on Coco's approved weekly/biweekly/monthly demand basis.

 

 

 

 

THE FOREGOING IS ACCEPTED AS A SUPPLY AND SERVICE AGREEMENT FOR THE FOLLOWING DEPARTMENTS.

 

Accepted By:  ____________________________________________

 

Bob Molodynia

VP Business Development JBI, Inc

1783 Allanport Rd.

Thorold, Ontario, Canada LOS 1K0

(905 ###-###-####

 

Coco Asphalt Engineering

 

Steve Manolis, P.Eng.

General Manager

Coco Asphalt Engineering

A Division of Coco Paving Inc. Mobile ###-###-####

Email ***@*** 

Office ###-###-####

Fax  ###-###-####

 

Dated: June 10th, 2011