Document:

exhibit_10-1.htm

    
      

    

    EXHIBIT
10.1

     

    Joint
Filing Agreement

    
      

      In
accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended, each of the undersigned hereby agrees to the joint filing with the
other reporting person of a statement on Schedule 13G (including amendments
thereto) with respect to the Common Stock of Megawest Energy Corporation and
that this Agreement be included as an Exhibit to such joint filing.

      

      This
Agreement may be executed in any number of counterparts all of which taken
together shall constitute one and the same instrument.

      

      IN
WITNESS WHEREOF, the undersigned hereby execute this Agreement this 14th day of
February, 2008.

       

      
        
          	 	AGOSTO CORPORATION
      LIMITED	 
	 	 	 	 
	
                  Date:
      February 14, 2008

                	
                  By:
      

                	/s/  
      Dr. J. Gordon Murphy	 
	 	 	Name/Title:
      Dr. J. Gordon Murphy, President	 
	 	 	 	 

        

      

       

      
        
          	 	 	 	 
	
                  Date:
      February 14, 2008

                	
                  By:
      

                	/s/  
      Dr. J. Gordon Murphy	 
	 	 	Name:
      Dr. J. Gordon Murphyexhibit_10-83.htm

    
      

    
EXHIBIT 10.83

     

    

    GUARANTY.CMC

    08/25/2005

    

    CONTINUING
GUARANTY & WAIVER

    

    
      	
              1.

            	
              For
      valuable consideration, the undersigned  (hereinafter called
      Guarantor) unconditionally guarantees and promises to pay to Sterling Management,
      LLC. or order, on demand, in lawful money of the United States, any
      and all indebtedness of CMARK International,
      Inc. (hereinafter Company) to Sterling Management,
      LLC.  Furthermore the undersigned unconditionally
      guarantees to Sterling
      Management, LLC., or order, its successors and assigns, full,
      prompt and faithful performance by Company of all its present and future
      indebtedness and obligations under the  Security Agreement dated
      August 25, 2005  between Company and Sterling Management, LLC
      and any other present and future indebtedness and obligations to Sterling Management,
      LLC, including but not limited to, its present and future
      indebtedness and obligations under said Security Agreement and any other
      present and future indebtedness and obligations therein, the
      enforceability thereof or the insufficiency, invalidity or
      unenforceability of  any security
  therefore.

            

    

    

    
      	
              2.

            	
              The
      liability of Guarantors shall not exceed the total liability of Company to
      Sterling Management,
      LLC for principal together with all interest upon the
      indebtedness.  This is a continuing guaranty relating to any
      indebtedness including that arising under successive transactions, which
      shall either continue the indebtedness or from time to time renew it after
      it has been satisfied.  This guaranty shall not apply to any
      indebtedness created after actual receipt by Sterling Management, LLC
      of written notice of its revocation as to future
      transactions.  Any payment by Guarantors shall not reduce their
      maximum obligations hereunder unless written notice to that effect be
      actually received by Sterling Management, LLC
      at or prior to the time of such
payment.

            

    

    

    

    
      	
              3.

            	
              The
      obligations hereunder are joint and several and independent of the
      obligations of Company and separate action or actions may be brought and
      prosecuted against Guarantor whether an action is brought against Company
      or whether Company be joined in any such action or actions; and Guarantors
      waive the benefit of any statute of limitations affecting their liability
      hereunder or the enforcement
thereof.

            

    

    

    

    
      	
              4.

            	
              Guarantor
      authorize Sterling
      Management, LLC without notice or demand and without affecting
      their liability hereunder from time to time to renew, compromise, extend,
      accelerate or otherwise change the time for payment of, or otherwise
      change the terms of the indebtedness, or any past thereof, including
      increase or decrease of the rate of interest thereon; take and hold
      security for the payment of this guaranty or the indebtedness guaranteed,
      and exchange and directly order the manner of sale thereof as Sterling Management, LLC
      in its discretion may determine; and release or substitute any one or more
      of the endorsers or Guarantor.  Sterling Management, LLC
      may, without notice, assign this Guaranty in whole or in
    part.

            

    

     

    

    

    
      
         

      

      
        1

        
          

        

      

      
         

        EXHIBIT
10.83 - continued

      

    

    

    

    
      	
              5.

            	
              Guarantor
      waive any right to require Sterling Management, LLC
      to proceed against Company, proceed or exhaust any security held from
      Company, or pursue any other remedy in Sterling Management,
      LLC’s power whatsoever.  Guarantor waive any defense
      arising by reason of any disability or other defense of Company or by
      reason of the cessation from any cause whatsoever of the liability of
      Company until all indebtedness of Company to Sterling Management, LLC
      shall have been paid in full.  Guarantor shall have no right to
      subrogation and waive any right to enforce any remedy which Sterling Management, LLC
      now has or may hereafter have against Company and waive any benefit held
      by Sterling Management,
      LLC.  Guarantor waive all presentments, demands for
      performance, notices of non-performance, protests, notices or protests,
      notices of dishonor, notices of acceptance of this guaranty and of the
      existence, creation, or incurring of new or additional
      indebtedness.

            

    

    

    
      	
              6.

            	
              Any
      indebtedness of Company now or hereafter held by Guarantor is hereby
      subordinated to the indebtedness of Company to Sterling Management, LLC
      and such indebtedness of Company to Guarantors if Sterling Management, LLC
      so requests shall be collected, enforced and received by Guarantor as
      trustee for Sterling
      Management, LLC and be paid over to Sterling Management, LLC
      on account of the indebtedness of Company to Sterling Management, LLC
      but without reducing or affecting in any manner the liability of Guarantor
      under the other provisions of this
guaranty.

            

    

    

    
      	
              7.

            	
              When
      Company is a corporation, or partnership, it is not necessary for Sterling Management, LLC
      to inquire into the power of Company or its officers, directors, partners,
      or agent acting, or purporting to act on their behalf and any indebtedness
      made or created in reliance upon the professed exercise of such powers
      shall be guaranteed hereunder.

            

    

    

    
      	
              8.

            	
              Guarantor
      agree to pay a reasonable attorney’s fee and all other costs and expenses
      which may be incurred by Sterling Management, LLC
      in the enforcements of this
guaranty.

            

    

    

    
      	
              9.

            	
              In
      all cases where there is but a single principal of Company or single
      guarantor, all words used herein in the plural shall be deemed to have
      been used in the singular, where the context and construction so require;
      and when there is more than one principal named herein or when this
      guaranty is executed by more than one Guarantor the word “Company” and the
      word “Guarantors” respectively, shall mean all and any one or more of
      them.

            

    

    

    

    

    

    Executed
by the undersigned Guarantor this 25th day of August,
2005.

    

    

    

    

    /s/ 
Charles W. Jones, JR. 

      
        

      

    

    Guarantor:
Charles W. Jones, JR.

    Address;

     

    
 

     2exhibit_10-84.htm

    
      

    

    EXHIBIT 10.84

     

     

    SECURITY
AGREEMENT

    

    THIS
SECURITY AGREEMENT ("Agreement") is made and effective this August 25, 2005, by
and between, CMARK International, Inc., a SC Corporation ("Borrower") and
Sterling Management, LLC  ("Secured Party)

    

    Borrower
is in the debt of Secured Party.

    

    Borrower
desires to give, and Secured Party desires to receive, a security interest in
certain tangible personal property of Borrower to secure such debt.

    

    NOW,
THEREFORE, Secured Party and Borrower agree as follows:

    

    1.           Definitions.

    A.           "Collateral":  The
following described tangible, personal property of Borrower: (i) accounts
receivable, office fixtures, furniture, inventory or equipment, good will and
all other assets of Borrower  and (ii) all additions and substitutions
to or for the items referred to in Section 1.(A)(i) above, and all proceeds
therefrom.  Also, if the Collateral is, any after acquired inventory
or equipment shall also be considered Collateral.

    

    B.           "Obligation":  All
of the interest, principal and other amounts payable under that certain
promissory note dated August 25, 2005, payable by Borrower to Secured Party for
an amount of $750,000.00 , bearing interest at a rate of 18% Annual if timely
paid , and any future advances under the promissory note or any other monetary
obligations owed by the Borrower to the Secured Party.

    

    2.           Security
Interest.

    Borrower
hereby grants to Secured Party a security interest in the Collateral in order to
secure payment of the Obligation.

    

    Both
Parties acknowledge a first security position presently exists with Marvin
Gardens , Inc., dba Contractor Funding executed on August 18, 2000.

    

    3.           Books and
Records; Inspection.

    Borrower
shall keep and maintain, at its expense, complete records of the
Collateral.  Secured Party shall have the right at any time and from
time to time, without notice, to call at Borrower's place of business during
normal business hours to inspect the Collateral and to inspect the
correspondence, books, and records of Borrower relating to the
Collateral.

    

    4.           Representations
and Warranties of Borrower.

    Borrower
represents and warrants to Secured Party that, with respect to the Collateral,
Borrower possesses and shall possess at all times while this Security Agreement
is in effect, full, complete and unencumbered title to such goods, subject only
to Secured Party's security interest hereunder, and liens, if any, for current
taxes, assessments and other governmental charges are not
delinquent.

    

    

    

    
      
        
           

        

        
          1

          
            

          

        

        
           

          EXHIBIT
10.84 - continued

        

      

    

    

    

    5.           Covenants
of Borrower.

    The
Borrower agrees and covenants with Secured Party that:

    A.           The
title and documentation to all Collateral shall be kept at 9570 Two Notch Rd,
Columbia, South Carolina 29223, and Borrower shall not change the location of
the Collateral without the prior written consent of Secured Party.

    

    B.           Borrower
shall not at any time cause or suffer any part of the Collateral, or any
interest in any of Collateral to be subject to any Security Interest other than
that of Secured Party.

    

    C.           Borrower
shall defend the Collateral against the claims and demands of all persons other
than Secured Party.

    

    D.           Borrower
shall at all times promptly pay and discharge, at Borrower's expense, all taxes,
assessments and other governmental charges which constitute or may become liens
on the Collateral.

    

    E.           At
the request of Secured Party, at any time and from time to time, Borrower shall
execute such financing statements and other documents, pay such filing,
recording and other fees, and do or cause to be done such other acts or things
as Secured Party deems reasonably necessary to establish, perfect, and continue
its security interest hereunder.

    

    F.           Borrower
shall pay all costs, expenses, charges and other obligations, including, without
limitation, reasonable attorneys' fees, suffered or incurred by Secured Party to
protect, preserve, maintain and obtain possession of or title to the Collateral,
to perfect, protect, preserve and maintain the security interest granted by this
Security Agreement, and to enforce or assert any one or more of its rights,
powers, remedies and defenses under this Security Agreement.

    

    6.           Events of
Default.

    Borrower
shall be in default under this Security Agreement if Borrower fails timely to
observe and perform any covenants, conditions or agreements required to be
observed or performed by Borrower under this Security Agreement, or if Borrower
defaults upon any material promise in the obligation.

    

    7.           Remedies
upon Event of Default.

    At any
time upon or following the occurrence of one or more of the events of default
under Section 6 hereof, Secured Party may, at its option, assert or avail itself
of any one or more of the rights, powers, remedies and defenses conferred upon
Secured Party under the Uniform Commercial Code and other laws of the State of
South Carolina, which laws shall generally govern the construction and
interpretation of this Agreement, or assert or avail itself of any one or more
of the rights, powers, remedies and defenses conferred upon Secured Party under
any other appropriate law or regulation, whether federal or state.

    

     

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

        EXHIBIT
10.84 - continued

      

    

    

    

    8.           Application
of Proceeds.

    Any and
all proceeds resulting from the disposition of all or any part of the Collateral
following the occurrence of one or more events of default shall be applied to
pay and provide for the Obligations of Borrower to Secured Party, with any
balance remaining to be paid to Borrower or its successors and assigns, as their
respective interests may appear.

    

    9.           Notices.

    Any
notice required by this Agreement or given in connection with it, shall be in
writing and shall be given to the appropriate party by personal delivery or by
certified mail, postage prepaid, or recognized overnight delivery
services.

    

        If to
Borrower:

    CMARK
International, Inc..   9570 Two Notch Rd, Suite
4,   Columbia, SC  29223   Attn: Charles
W. Jones, Jr.

    

        If to Secured
Party:

    Sterling
Management, LLC, 160 White Oaks Lane, Vadnais Heights,
MN  55127

    

    10.           Severability.

    The
invalidity or unenforceability of any provision in this Agreement shall not
cause any other provision to be invalid or unenforceable.

    

    11.           Final
Agreement.

    This
Agreement constitutes the final agreement and understanding between the parties
on the subject matter hereof and supersedes all prior understandings or
agreements whether oral or written.  This Agreement may be modified
only by a further writing that is duly executed by both parties.

    

    12.           Headings.

    Headings
used in this Agreement are provided for convenience only and shall not be used
to construe meaning or intent.

    

    IN
WITNESS WHEREOF, Borrower and Secured Party have executed this Security
Agreement on the date first above written.

    

    

    

    BY: CMARK
International, Inc.     Charles W. Jones,
Jr.     /s/ Charles W. Jones,
Jr.                    

    

    Date:
August 25, 2005

    

    

    

    BY: Sterling Management,
LLC     David
M. Engstrom        
     /s/ David
M. Engstrom                                 

    

    Date:
August 25, 2005

     

     

     

     3

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