EX-10.25
from 10-K
~5
pages
Know All Persons by These Presents That I, Leigh Peters, of the City of Calgary, in the Province of Alberta, for and in Consideration of the Sum of Six Hundred and Seventy Six Thousand and Two Hunderd and Fifty Dollars($676,250.00), Paid to Me by or on Behalf of Oilsands Quest Inc., a Body Corporate Having an Office in the City of Calgary, in the Province of Alberta, Less Amounts Withheld and Paid to Canada Revenue Agency (Revenue Canada) Pursuant to Provisions of the Income Tax Act (The Receipt of the Balance Whereof Being Hereby Acknowledged), Have Remised, Released, and Forever Discharged, and by These Presents I Do for My Heirs, Successors and Personal Representatives, Remise, Release and Forever Discharge the Said Oilsands Quest Inc. (Herein Called the "Employer", Which Term Includes Its Respective Owner, Affiliates, Subsidiaries, Successors, Assigns, and Predecessor Companies) and Its and Their Respective Directors, Officers, Agents, Employees and Insurers, of and From All Actions, Causes of Action, Suits, Debts, Dues, Sums of Money, Claims and Demands Whatsoever at Law or in Equity Which I Ever Had, or Now Have, or Which I, or My Heirs, Successors or Personal Representatives Hereafter Can, Shall, or May Have Against the Employer Whatsoever Arising Out of or in Any Way Related to My Employment With the Employer, or Any Discipline Imposed Upon Me in Respect of My Employment, or the Termination Thereof, and Specifically Including
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