Conditional Officer and Director Resignation Agreement – Timothy Neher and Accelerated Acquisitions XXI, Inc.
Contract Categories:
Human Resources
›
Separation Agreements
Summary
Timothy Neher, an officer and director of Accelerated Acquisitions XXI, Inc., agrees to resign from all positions, including President, Secretary, Treasurer, and director. This resignation is conditional upon the sale of 23,350,000 shares of the company's common stock to Helios Energia Limited and the appointment of new directors and officers. The resignation becomes effective on the closing date of the transaction outlined in the Subscription Agreements between the company and Helios Energia Limited.
EX-10.3 4 aaxxi8kex103_11192012.htm EXHIBIT 10.3 aaxxi8kex103_11192012.htm
EXHIBIT 10.3
RESIGNATION
To the Board of Directors of
Accelerated Acquisitions XXI, Inc.,
a Delaware corporation
The undersigned, being an officer and director of the above-named corporation, does hereby resign from President, Secretary, Treasurer, and director of the corporation.
Said resignation is contingent and expressly conditioned upon (a) the sale of 23,350,000 shares of the Company’s common shares to Helios Energia Limited and (b) the appointment of successor directors and officers of the corporation.
Said resignation shall be effective on the date of the Closing of the transaction contemplated by the Subscription Agreements between the Company and Helios Energia Limited.
Dated as of November 16, 2012
/S/ Timothy Neher
Timothy Neher
