Authorization for Assignment of Oil and Gas Leases from A.D.I.D. Corporation to American Resource Management, Inc.
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Summary
Sovereign One, Inc., McCrome International, Inc., and Logos Resources, Inc. authorize A.D.I.D. Corporation to transfer all oil and gas leases and properties acquired under a prior agreement to American Resource Management, Inc. The assignment must be completed within 60 days of this notice. All parties have agreed to this authorization as of January 7, 2010.
EX-10.3 8 ex103.htm AUTHORIZATION FOR ASSIGNMENT OF LEASES ex103.htm
SOVEREIGN ONE, INC., McCROME INTERNATIONAL, INC.
AND LOGOS RESOURCES, INC.
NOTICE AND PERMISSION FOR A.D.I.D. CORPORATION
TO ASSIGN OIL AND GAS PROPERTIES TO
AMERICAN RESOURCE MANAGEMENT, INC.
AND LOGOS RESOURCES, INC.
NOTICE AND PERMISSION FOR A.D.I.D. CORPORATION
TO ASSIGN OIL AND GAS PROPERTIES TO
AMERICAN RESOURCE MANAGEMENT, INC.
January 7, 2010
This letter is to authorize A.D.I.D Corporation and/or Affiliates to assign all Oil and Gas Leases and Poprerties obtained under our Independent Contractor Agreement dated January 15, 2005, to American Resource Management, Inc. These assignments should be performed within 60 days of this authorization.
Agreed by all parties hereto:
| /s/ Mark E Holbrook | /s/ Marshall E Holbrook | |||
| Mark E Holbrook, President | Marshall E Holbrook, President | |||
| Sovereign One, Inc. | A.D.I.D. Corporation, Inc. |
| /s/ Cora J Holbrook | ||||
| Cora J Holbrook, President | ||||
| McCrome International, Inc. |
| /s/ Marshall E Holbrook | ||||
| Marshall E Holbrook, President | ||||
| Logos Resources, Inc. |
