EX-10.1
from 8-K
4 pages
These Securities Have Not Been Registered Under the Securities Act of 1933, as Amended, or the Securities Laws of Any State and May Not Be Sold or Offered for Sale in the Absence of an Effective Registration Statement for the Securities or an Opinion of Counsel or Other Evidence Acceptable to the Company That Such Registration Is Not Required. Conversion Agreement This Conversion Agreement, Dated as of August 17, 2010 Is Made by and Between Wellstar International, Inc., a Nevada Corporation (“Company”), and John Antonio the Chief Executive Officer and a Director of the Company (“Employee”). Whereas, the Company Owes Employee Wages in Arrears Representing the Pay Period for a Total of $244,880 (The “Wages”); and Whereas, the Company and the Employee Wish to Convert Fifty Thousand Dollars ($50,000) of the Wages (The “Conversion Wages”) Into Series C Preferred Stock, Par Value $0.001 Per Share (“Preferred Stock”), of the Company; Now, Therefore, for Good and Valuable Consideration, the Receipt and Sufficiency of Which the Parties Hereby Acknowledge the Parties Agree as Follows: 1. Conversion Wages. the Company and Employee Hereby Agree That Conversion Wages Shall Convert Into 50,000 Shares of Preferred Stock (“Conversion Shares”) to Employee. 2. Closing. at the Closing, the Company Shall Deliver the Conversion Shares to Employee. 3. Further Assurances. in Connection With the Conversion Wages, the Employee, by Entering Into This Conversion Agreement, Agrees to Execute All Agreements and Other Documents as Reasonably Requested by the Company. 4. Investor Representations and Warranties and Covenants. the Employee Represents, Warrants and Covenants to the Company as Follows
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EX-10.2
from 8-K
~5
pages
September 27, 2007 Maclath Ltda Mr. Curt Platt Managing Director Edificio Colon, Paseo Colon Piso 8, Oficina 8-4 San Jose, Costa Rica via Dill: 827 9020 691 Re.: Notice of Default Sincerely, /S/ Norman A. Abood Norman A. Abood Cc.:seth Bogner via E-Mail: Sbogner@uniontraderscorp.com SBOGNER@UTCGLOBAL.NET SBGNER@MYCINGULAR.BLACKBERRY.NET
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