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Add Name NOTICE OF RELINQUISHMENT OF Company, INC.

STOCK

This Notice of Relinquishment of Company, Inc. Stock is submitted as of DATE,

by Name, to Company, an State corporation (hereinafter "Company"), and Owner

(hereinafter "Owner").

Whereas, Name holds certain vested shares of the capital stock of Company

(hereinafter the "Company Shares").

Whereas, Name is a party to and obligor on certain obligations owed and incurred

by Company.

Whereas, Name desires to immediately divest himself of all ties, relationships,

interests, dealings, obligations, and/or positions with Company.

Whereas, Name desires to preserve and maintain all rights and claims which he

may possess against Company, Inc., Owner, and the board and officers of Company.

Name reserves all of his rights, and no waiver or estoppel of any kind is intended nor

should be inferred.

A. RELINQUISHMENT OF SHARES.

1. Subject to the terms and conditions hereof, Name relinquishes all of his

shares in Company effective the date of this notice.

2. The purchase price for the shares relinquished by Name is $Amount US.

The purchase price for the shares shall be paid by Company to Name on

or before Date or at a later date mutually agreed upon in writing by Name

and Company.

3. Name hereby agrees and acknowledges that the purchase price set forth

above represents the current Fair Market Value of the Company Shares

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and hereby waives the right to challenge this valuation in any forum or

proceeding.

B. REPRESENTATIONS AND WARRANTIES OF Name.

1. Name covenants, represents and warrants as follows:

a. No person, firm or corporation has any agreement or option, or any

right or privilege capable of becoming an agreement or option for

the purchase from Name of any of the Company Shares.

b. Name is the owner of the Company Shares, free and clear of any

pledge, lien, charge, encumbrance or security interest of any kind

and Name has the power and authority and right to sell the

Company Shares in accordance with the terms of this Agreement.

C. Name'S RESERVATION OF CLAIMS.

1. In addition to the claim for the value of the shares which he has

relinquished, Name reserves the rights to require that Company and

Owner and any other entity associated with Company indemnify and hold

harmless him and his respective heirs, assigns, and representatives

against any and all future claims, demands, or actions that may hereinafter

be brought or made against them by any entity for the purpose of

enforcing any claims, right, cause of action, or liens or any other interests,

known or unknown, which have been asserted or may be asserted arising

out of the operation or ownership of Company and any other business

entity in which Owner is or has been involved. It is expressly intended that

Name reserves all rights to require that such indemnification and hold

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harmless obligation shall extend to and include any and all attorney's fees

and costs incurred by Name, his respective heirs, assigns and

representatives, in defending any claims submitted for the enforcement of

any other claim or lien arising out of the ownership or operation of

Company or any of the above-referenced business entities.

2. Name reserves all rights to require that Company, Owner, and any other

entity associated with Company will indemnify and hold harmless him and

his respective heirs, assigns, and representatives against any and all

future claims, demands, or actions that may hereinafter be brought or

made against them for any loss or liability, claim, demand, action or cause,

direct or indirect, both known or unknown, including costs of defense and

attorneys' fees which Name may incur arising from his role as an owner,

member, shareholder, board member, officer, or in any other capacity in

Company or any business, business interest, investment or venture in

which Owner has been or will be involved.

3. Name demands that within seven (7) days of the receipt of this notice

Owner and Company shall cause Name to be removed from any liability of

any type related to or associated in any manner with Company and any of

Owner's business and/or investment interests to the extent Name is

directly liable thereon.

4. Name reserves all rights to require that Owner and Company, jointly and

severally, be liable for and will pay any and all tax obligations or liabilities,

known or unknown, personal or business, owed for any federal and state

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tax owed by or on behalf of Company, through and including the date of

this agreement. Name reserves all rights to require that Owner and

Company fully defend and hold Name harmless for principal, interest,

court costs and reasonable attorneys' fees, together with any judgment

rendered against him by virtue of any and all tax obligations, liabilities, or

liens, known or unknown, owed for any federal and state tax owed by or

on behalf of Company.

5. Name demands that he is removed as a guarantor or surety for any loan

or obligation owed by Company.

D. GENERAL.

1. Time shall be of the essence of this Notice and its provisions.

Name, individually Dated

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