RESIGNATION

EX-10.3 4 aax8kex103_2282011.htm EXHIBIT 10.3 aax8kex103_2282011.htm
 
EXHIBIT 10.3

 
RESIGNATION
 

 
To the Board of Directors of
Accelerated Acquisitions X, Inc.,
a Delaware corporation

 
The undersigned, being an officer and director of the above-named corporation, does hereby resign from President, Secretary, Treasurer, and shall remain a director of the corporation.
 
Said resignation is contingent and expressly conditioned upon (a) the sale of 22,350,000 shares of the Company’s common shares to Virolab S de RL de CV and (b) the appointment of Ricardo Rosales, PhD as a director and officer 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 Virolab S de RL de CV.

 
Dated as of February 27, 2011
 

By:
/s/ Timothy Neher
 
Timothy Neher, Managing Member