Document:

Exhibit 10.8

 

 

 

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    	5Exhibit 10.9

 

 

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    	14EXHIBIT 10.10

 

Amendment
(First) to EXECUTIVE EMPLOYMENT AGREEMENT

 

THIS AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT (this "Amendment")
is made between Epazz, Inc., an Illinois corporation (the “Company"), and Shaun Passley (“Executive”) (collectively
sometimes referred to as the “Parties” and individually sometimes referred to as a “Party”). Unless otherwise
indicated, all references to Sections are to Sections in this Agreement. This Amendment is effective as of June 15, 2013.

 

 

It is mutually understood and agreed by and between the undersigned
contracting parties to amend the previously executed agreement as follows effective June 15, 2013:

 

Section 3(a) changed as of June 15, 2013

 

From:

 

3(a) Base Salary - The Company shall pay Executive a minimum
base salary, as may be adjusted from time to time, equal to $180,000 per year (the “Salary”), beginning
on the Effective Date of this Agreement and ending at the end of the Term or upon the termination of this Agreement as provided
below. A total of $30,000 of the Salary shall be payable yearly on the anniversary date of the Effective Date in cash. A total
of $150,000 of the Salary shall be payable yearly, on each anniversary of the Effective Date in of the Company’s Class A
Common Stock (“Shares”), at the rate of $0.006 per share (the “Share Price”)(i.e.,
25,000,000 Shares per year or 250,000,000 Shares in aggregate)(the “Salary Shares”), which shall be issued
to Executive upon the Parties entry into this Agreement and shall vest to Executive pursuant to the schedule above each year that
Executive continues to be employed hereunder, subject in all cases to the Vesting Date (i.e., final vesting shall not occur until
both the Vesting Date has occurred and the shares have vested pursuant to this Section 3(e)).

 

 

TO:

 

3(a) Base Salary - The Company shall pay Executive a minimum
base salary, as may be adjusted from time to time, equal to $180,000 per year (the “Salary”), beginning
on the Effective Date of this Agreement and ending at the end of the Term or upon the termination of this Agreement as provided
below, and hereby amended to $250,000 in total during the first year of the agreement. A total of $100,000 shall be payable in
the first year of the agreement, and $30,000 of the Salary shall be payable yearly thereafter on the anniversary date of the Effective
Date in cash. A total of $150,000 of the Salary shall be payable yearly, on each anniversary of the Effective Date in shares of
the Company’s Class A Common Stock (“Shares”), at the rate of $0.006 per share (the “Share
Price”)(i.e., 25,000,000 Shares per year or 250,000,000 Shares in aggregate)(the “Salary Shares”),
which shall be issued to Executive upon the Parties entry into this Agreement and shall vest to Executive pursuant to the schedule
above each year that Executive continues to be employed hereunder, subject in all cases to the Vesting Date (i.e., final vesting
shall not occur until both the Vesting Date has occurred and the shares have vested pursuant to this Section 3(e)).

 

All other terms and conditions that are not hereby amended are
to remain in full force and effect.

 

IN WITNESS WHEREOF, the parties hereto have executed and delivered
this amendment with legal and binding effect as of August 16, 2013

 

 

	EPAZZ, INC.:	 	EXECUTIVE:	 
	 	 	 	 
	By: /s/ Shaun Passley	 	/s/ Shaun Passley	 
	Its: President	 	Shaun Passley	 
	Printed Name: Shaun Passley	 	 	 
	 	 	 	 
	Date: 8/16/2013	 	Date: 8/16/2013EXHIBIT 10.1

 

July 3, 2013

 

Wells Fargo Energy Capital, Inc.

1000 Louisiana, 9 th Floor

Houston, Texas 77002

 

Dear Sirs:

 

The purpose of this
letter agreement (this “Agreement”) is to set forth the understanding and agreement of Wells Fargo Energy Capital,
Inc. (“WFEC”) and West Texas Resources, Inc. (“WTR”) concerning the transaction described below.

 

In particular the
parties have further agreed as follows:

 

		1.	After the execution of this Agreement and the completion of the payment schedule set out in item
(2) below, WFEC will convey a 13.175% working interest and 10.2765% RI in the oil and gas leases, wells and attendant production
in the Port Hudson Field, Baton Rouge Parish, Louisiana (the “PHV WI”) to WTR upon receipt of a total consideration
of $1,278,000. Port Hudson Ventures, LLC (“PHV”) presently owns the PHV WI. WFEC believes (but does not warrant or
represent) that all of the members of PHV have granted a security interest in their respective member interests in PHV (such member
interests in PHV, the “PHV Member Interests”) and have agreed to an assignment to WFEC (or its affiliate) of all of
such member interests under article 9.620 of the UCC in partial satisfaction of the obligations secured thereby. Upon obtaining
title to the PHV Member Interests, WFEC (or its affiliate) shall convey the PHV Member Interests to WTR effective April 1, 2013.
Such conveyance of the PHV Member Interests shall be evidenced by an instrument substantially in the form of Exhibit A attached
hereto. WFEC makes no representations or warranties to WTR regarding PHV, the PHV WI or the PHV Member Interests, other than WFEC
believes it has a valid security interest in all of the member interests in PHV and it will in good faith attempt to have assigned
to WFEC (or its affiliate) such interests pursuant to the provisions of article 9.620 of the UCC. The members of PHV have represented
to WFEC that the security agreements executed by them encumber all of the member interests in PHV.

 

		2.	On July 3, 2013, WTR will pay WFEC the amount of $100,000 as a nonrefundable deposit towards the
purchase of the PHV Member Interests and then subsequently make a second nonrefundable deposit of $178,000 on July 17, 2013. On
or before August 8, 2013, WTR shall pay WFEC the balance of the purchase price for the PHV Member Interests in the amount of $1,000,000,
less a credit for any monies received by WFEC on account of the PHV WI for hydrocarbon production after the April 1, 2013 effective
date. In the event that WTR fails to make the payment of the balance of the purchase price for the PHV Member Interests, WFEC shall
retain the PHV Member Interests and the $278,000 deposit paid by WTR.

 

 

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If the foregoing correctly
states your understanding of our agreement for the closing of the Transaction concerning the Properties, kindly signify your acceptance
by signing in the space provided below and returning a fully executed version of this Agreement to the undersigned.

 

 

	 	
        Very truly yours,

         

        WEST TEXAS RESOURCES, LLC

         
	 
	 	 	 	 
	 	By: 	/s/ Stephen E. Jones	 
	 	 	Stephen E. Jones	 
	 	 	President	 
	 	 	 	 

 

Accepted and Agreed 

 

This   day of July, 2013

 

Wells Fargo Energy Capital, Inc.

 

	 	 	 
	By: 	/s/ Gary Milavec	 
	 	Gary Milavec	 
	 	Managing Director	 
	 	 	 

 

 

 

 

    	2EXHIBIT 10.2

 

August 1, 2013

 

 

Gulfex Petroleum, LLC

P.O. Box 18978

Sugar Land, Texas 77496

 

Re: Sale of Properties / Port Hudson Field,
East Baton Rouge Parish, Louisiana

 

Dear Sirs:

 

GULFEX PETROLEUM, LLC (“GULFEX”)
has agreed to participate with WEST TEXAS RESOURCES, INC. (“WTR”) in order to facilitate the acquisition by
WTR of certain oil and gas properties and interests in Louisiana. Specifically, GULFEX has agreed to acquire an undivided 45% of
the interests to be acquired by WTR through its acquisition of PORT HUDSON VENTURES, LLC, a Texas limited liability company
(“PHV”). PHV owns certain undivided interests in producing oil and gas leases, wells and production assets,
and related contract and other rights in the Port Hudson Field in East Baton Rouge Parish, Louisiana (which assets are collectively
referred herein to as the “Properties” and are more particularly described on Exhibit A hereto). By execution of this
letter agreement (the “Agreement”), the parties are formalizing their agreement to the above described transaction,
upon the following terms and conditions:

 

		1.	Purchase Price: GULFEX agrees to advance to WTR the sum of $ 505,442.23 in consideration
for the conveyance by WTR of an undivided 45% interest in the Properties, which for purposes of this Agreement are understood and
agreed to equate to 5.92875% (of 8/8ths) Working Interest and a 4.62443% (of 8/8ths) Net Revenue Interest for the Properties described
on Exhibit A hereof.

 

		2.	Effective Date and Time: The Effective Date and Time for the conveyance of the 45% interest
in the Properties shall be 7:00 a.m., Central Daylight Time, April 1, 2013 ("Effective Time").

 

		3.	Closing Date: Closing for the conveyance of the subject interest in the Properties shall
take place at WTR’s Houston offices on or before August 15, 2013 (the “Closing Date”).

 

		4.	Future Operations: Pursuant to the terms of the Joint Operating Agreement governing the
Properties, GULFEX shall have the right to participate proportionately in all future operations related to the Properties.

 

		5.	Definitive Assignment: Title to the Properties resides in PHV which will become a wholly
owned subsidiary of WTR. WTR shall cause PHV to execute and deliver at Closing, the Assignment and Bill of Sale for the
subject interest in the Properties, in the form attached as Exhibit B hereto.

 

 

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		6.	Liens and Encumbrances: The Properties to be assigned to GULFEX shall be free and clear
of all liens and encumbrances.

 

		7.	Warranty of Title: WTR and PHV make no warranty of any kind, expressed or implied, except
as to parties claiming or to claim by, through or under them, but not otherwise.

 

		8.	Title Review; Records Research: Following execution of this Agreement and through the Closing
Date, GULFEX shall be entitled to review and photocopy all title material relating to the Properties in the possession of WTR and
PHV at the offices of WTR. In addition to the review of title, and in order to facilitate GULFEX's due diligence work with respect
to the Properties, WTR shall permit GULFEX's representatives access to all accounting, engineering, geological, geophysical and
other records, books, contracts relating to the Properties.

 

		9.	Facilities Inspection: Following execution of this Agreement and through the Closing Date,
GULFEX, at its sole risk and expense, shall complete any and all inspections and "As Is" approval of all equipment and
facilities attributable to or owned or used in connection with the Properties, to confirm for itself that the Properties are in
reasonable operating condition consistent with oil and gas industry standards.

 

		10.	Governing Law: The construction and interpretation of this letter agreement shall be governed
by the Laws of the State of Texas without reference to the conflict of laws provisions thereof.

 

		11.	Allocation of Liability and Expenses: Each party shall pay and discharge all liabilities,
obligations and expenses incurred by such party or on such party’s behalf in connection with the preparation, authorization,
execution and performance of this Agreement and the Assignment and Bill of Sale, including without limitation all fees and expenses
of agents, representatives, counsel, accountants, and auditors retained by such party, as well as all amounts payable with respect
to any claim for brokerage, finder's fees or other commissions based in any way on any agreements, arrangements, or understandings
made by such party.

 

 

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		12.	Post Effective Time Assumption of Liabilities: GULFEX shall assume its proportionate share
of the responsibility and liability, and does hereby indemnify and hold WTR and PHV harmless as to the interest in the Properties
acquired herein, arising from the ownership or operation of the Properties after the Effective Time.

 

		13.	Confidentiality: This letter and its contents are confidential and shall not be disclosed
to any third party by either party hereto, other than to (a) administrative agencies to which such disclosure is required by law,
contract or administrative regulation, and (b) personnel, agents, or representatives as each party believes are necessary in good
faith for completing the transactions represented by this Agreement.

 

 

 

	
        Very truly yours,

         

        WEST TEXAS RESOURCES, LLC

         
	 
	 	 	 
	By: 	/s/ Stephen E. Jones	 
	 	Stephen E. Jones, President	 

 

 

 

Agreed
to and accepted

This 13th day of August, 2013

 

 

	GULFEX PETROLEUM, LLC	 
	 	 	 
	By: 	/s/ Brian G. Donnelly	 
	 	Brian G. Donnelly, Manager	 

 

 

 

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EXHIBIT A

Schedule of Properties

 

Attached to and made a part of that certain
Agreement between 

WEST TEXAS RESOURCES, INC. and GULFEX
PETROLLEUM, LLC 

dated August 13, 2013

 

 

 

 

TO FOLLOW BEFORE CLOSING

 

 

 

 

 

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EXHIBIT B

Form of Assignment

 

Attached to and made a part of that certain
Letter Agreement between 

WEST TEXAS RESOURCES, INC. and GULFEX
PETROLLLEUM, LLC

dated
August 13, 2013

 

 

 

 

TO FOLLOW BEFORE CLOSING

 

 

 

 

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