Document:

RELEASE
      AND SETTLEMENT AGREEMENT- LARSON

     

    THIS
      RELEASE AND SETTLEMENT AGREEMENT (this “Agreement”)
      is
      made and entered into as of this 11th day of July 2007 by and among
      Indigo-Energy, Inc., a Nevada corporation (the “Company”)
      and
      Appalachian Technology and Transportation, Inc., a corporation; and David Larson
      collectively referred to as Contractor (“Contractor”),
      and
      the leadership of the majority interest of Indigo-Energy Partners, LP, (“LP”)
      together with the Company, the “Parties”
each
      a
“Party”).
      

     

    WHEREAS,
      reference is made to a number of Employment Agreements (Original Agreement)
      between the Parties for the Contractor to provide services in exchange for
      fees
      and the issuance of stock. pursuant to which the Company and Contractor had
      agreed to certain terms and conditions, and more specifically, Company issued
      to
      Appalachian Technology and Transportation, Inc. ten million (10,00,000) shares
      of Indigo common stock (“Stock”) for future services to be performed by
      Contractor as described in Original Agreement;, and

     

    WHEREAS,
      the
      Parties have agreed that it is in their best interests to modify the terms
      relating to the Original Agreement pursuant to the terms set forth herein;
      and

     

    WHEREAS,
      the Company has offered and the Contractor has agreed to accept such
      modifications to the Original Agreement for services rendered pursuant to the
      terms set forth herein; and

     

    WHEREAS,
      the Contractor has agreed that acceptance of such modifications to the Original
      Agreement shall constitute payment in full for services rendered and forever
      waives all right, title and interest to any further compensation by the Company;
      

     

    NOW,
      THEREFORE, the Parties hereto, intending to be legally bound, hereby agree
      as
      follows:

     

    Section
      1.  Waiver
      and Settlement.
      Effective upon the execution of this Agreement, and concurrent with the return
      to the Company of the signed Stock certificates for ten million shares
      (10,000,000) in the name of Appalachian Technology and Transportation,
      (Appalachian) Inc. for cancellation of five million shares (5,000,000) and
      re-issuance of five million shares (5,000,000) of restricted common stock in
      the
      name of Appalachian the Contractor hereby waives all rights, claims, interests
      and title to the Original Agreement and hereby agrees that any previous
      agreements or understandings between the Parties are null and void and of no
      further force or effect. Further, the Contractor will concurrently execute
      the
      attached Resignation Letter, in consideration for a one-time settlement and
      separation fee of one-hundred thousand dollars ($100,000) to be paid to
      Contractor, commencing August 1, 2007 and based upon the Company’s ability to
      pay will make additional payments with a final payment not later than December
      31, 2007. Further, for a period of one-year, the Company acknowledges that
      it
      will compensate Contractor a Finders Fee (Fee) at a rate of five percent of
      the
      gross amount of dollars received by the Company in the form of a debenture,
      note
      or similar instrument, brought about through the sole efforts of the Contractor,
      said Fee to be payable within 10 days of receipt of those funds by the Company.
      It is understood that this Fee as a cumulative and total Fee and any other
      costs
      or fees associated with the delivery of such funding will be deducted from
      this
      Fee. The Company and the LP hereby and forever agree to indemnify Contractor
      against any and all claims for all of time from the Company and/or the LP or
      any
      of their members or shareholders brought about as a result of Contractors
      representation, services provided, and work performed from the date of the
      first
      Contractor engagement through the date of this Agreement. Further, the Company
      agrees to indemnify, hold harmless, and cover any expenses or judgments against
      Contractor from any actions, suits, or claims from Richard Haggart, Consumer
      Value Network, Steve White or its affiliates or assigns.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

     

    Section
      2.  Release.
      (a)
      Contractor hereby waives, releases and discharges the Company, and the Company
      hereby waives, releases and discharges the Contractor its subsidiaries and
      their
      respective officers, directors, stockholders, employees, agents, attorneys,
      subsidiaries, servants, successors, insurers, affiliates and their successors
      and assigns, from any and all manner of action, claims, liens, demands,
      liabilities, causes of action, charges, complaints, suits (judicial,
      administrative or otherwise), damages, debts, obligations of any nature, past
      or
      present, known or unknown, whether in law or in equity, whether founded upon
      contract (expressed or implied), tort (including, but not limited to,
      defamation), statute or regulation (State, Federal or local), common law and/or
      any other theory or basis, from the beginning of the world to the date hereof,
      including, but not limited to, any claim that the Contractor has asserted,
      now
      asserts or could have asserted, but not including any claim for the enforcement
      of this Agreement. Further, the LP hereby extend the same release and indemnity
      to Contractor, and the Company agrees to fully indemnify Contractor for any
      claims from an parties for any non-criminal actions during the terms of
      Contractor’s Agreement including any reasonable attorney fees that may be
      incurred by Contractor.

     

    (b)
      It is
      understood and agreed by the Parties that the facts and respective assumptions
      of law in contemplation of which this Agreement is made may hereafter prove
      to
      be other than or different from those facts and assumptions now known, made
      or
      believed by them to be true. The Parties expressly accept and assume the risk
      of
      the facts and assumptions being different, and agree that all terms of this
      agreement shall be in all respects effective and not subject to termination
      or
      reclusion by any such difference in facts or assumptions of law.

     

    Section
      3.  Successors.
      This
      Agreement shall be binding upon and inure to the benefit of the Parties and
      their respective administrators, representatives, executors, successors and
      assigns, by reason of merger, consolidation, and/or purchase or acquisition
      of
      substantially all of the Company’s assets or otherwise.

     

    Section
      4.  Governing
      Law.
      Each
      Party acknowledges that it has been represented by counsel in connection with
      this Agreement, and has executed the same with knowledge of its consequences.
      This Agreement is made and entered into under Nevada law and shall be
      interpreted, enforced and governed under the laws of the laws of Nevada without
      regard to its conflicts of laws principles. 

     

    Section
      5.  Paragraph
      Headings.
      The
      paragraph headings used in this Agreement are intended solely for convenience
      of
      reference and shall not in any manner amplify, limit, modify or otherwise be
      used in the interpretation of any of the provisions hereof.

     

    Section
      6.  Severability.
      Should
      any of the provisions of this Agreement be declared or be determined to be
      illegal or invalid, the validity of the remaining parts, terms or provisions
      shall not be affected thereby and said illegal or invalid part, term or
      provision shall be deemed not to be a part of this Agreement. 

     

    Section
      7.  Entire
      Agreement.
      This
      Agreement sets forth the entire agreement between the Parties, and fully
      supersedes any and all prior agreements or understandings between the Parties
      pertaining to the subject matter hereof. All other contracts, agreements or
      understandings between the Parties are null and void. Without limiting the
      foregoing, any and all employment agreements, including all amendment and/or
      addendums thereto, shall be terminated and of no further force or effect,
      whether or not such agreements state that the same, or portions thereof, are
      to
      survive termination. 

     

    Section
      8.  Counterparts.
      This
      Agreement may be executed in counterparts. Each counterpart shall be deemed
      an
      original, and when taken together with the other signed counterpart, shall
      constitute one fully executed Agreement.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Section
      9.  Further
      Assurances.
      From
      and after the date hereof, the parties hereto shall take all actions, including
      the execution and delivery of all documents, necessary to effectuate the terms
      hereof. 

     

    Section
      10.  Survival.
      All
      obligations of the Parties as set forth herein shall survive the execution
      and
      delivery hereof. 

     

    IN
      WITNESS WHEREOF, the Parties have caused this Agreement to be entered into
      as of
      the date first written above.

     

    
      APPALACHIAN
        TECHNOLOGY AND TRANSPORTATION, INC.

       

      By:

      
        

      

      
      

      Name:
        David J. Larson

      Title:
        President

    
      STATE
        OF                           
)

      ss:

      COUNTY
        OF                      
 )

       

      I
        certify
        that on July __, 2007, David J. Larson personally came before and acknowledged
        under oath, to my satisfaction, that he is an Officer of Appalachian Technology
        and Transportation, Inc. (the “Corporation”),
        a
        corporation and that the foregoing instrument was signed on behalf of the
        Corporation by authority of its Board of Directors, and that he acknowledged
        said instrument to be the free act and deed of the Corporation.

       

      Signed
        and sworn to before me on July __, 2007

       

      
        
          

        

      

      Notary
        Public of the State of

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      INDIGO-ENERGY,
        INC.

       

    

    
      By:

      
        

      

      
      

      Name:
        Steve Durdin 
        Title:
          Director

         

      

      STATE
        OF                           
)

      ss:

      COUNTY
        OF                       
)

       

      I
        certify
        that on July __, 2007, Steve Durdin personally came before and acknowledged
        under oath, to my satisfaction, that he is an officer of INDIGO-ENERGY, INC.
        (the “Corporation”),
        a
        corporation of the State of Nevada and that the foregoing instrument was
        signed
        on behalf of the Corporation by authority of its Board of Directors, and
        that he
        acknowledged said instrument to be the free act and deed of the
        Corporation.

       

      Signed
        and sworn to before me on July __, 2007

       

      
        

      

      Notary
        Public of the State of 

    

    
      Indigo-Energy
        Partners, LP

       

      By:

      
        

      

      
      

      Name:
        Steve Durdin

      Title:
        General Partner & Investment Leadership

      STATE
        OF                            )

      ss:

      COUNTY
        OF                        
)

      I
        certify
        that on July __, 2007, Steve Durdin personally came before and acknowledged
        under oath, to my satisfaction, that he is an officer of INDIGO-ENERGY, PARTNERS
        LP. (the “LP”), a corporation and that the Agreement was signed on behalf of the
        Corporation by authority of its Board of Directors, and that he acknowledged
        said instrument to be the free act and deed of the Corporation and that (a)
        he
        is named in and personally signed this document; and (b) signed and delivered
        this document as his act and deed..

       

      Signed
        and sworn to before me on July __, 2007

       

      
        
 

      Notary
        Public of the State of

      Indigo-Energy
        Partners, LP 
         

        James
          C.
          Walter Jr.

        General
          Partner and Investment Leadership

         

        STATE
          OF                           
 )

                                                                                   
          ss:

        COUNTY
          OF                         )

      

       

      I
        certify
        that on July __, 2007, James C Walter, Jr. personally came before and
        acknowledged under oath, , to my satisfaction, that he is a General Partner
        of
        INDIGO-ENERGY, PARTNERS LP. (the “LP”), a corporation and that the Agreement was
        signed on behalf of the Corporation by authority of its Board of Directors,
        and
        that he acknowledged said instrument to be the free act and deed of the
        Corporation, and that (a) he is named in and personally signed this document;
        and (b) signed and delivered this document as his act and deed.

       

      Signed
        and sworn to before me on July__, 2007

       

      
        
          

        

      

      Notary
        Public of the State of

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      INDIGO-ENERGY,
        INC.
 

    
      By:

      
        

      

      
      

      Name:
        Stanley L. Teeple

      Title:
        Secretary, Director

      STATE
        OF                           
)

      ss:

      COUNTY
        OF                       
 )

       

      I
        certify
        that on July __, 2007, Stanley L. Teeple, personally came before and
        acknowledged under oath, to my satisfaction, that he is an officer and Director
        of INDIGO-ENERGY, INC. (the “Corporation”),
        a
        corporation of the State of Nevada and that the foregoing instrument was
        signed
        and on behalf of the Corporation by authority of its Board of Directors,
        and
        that he acknowledged said instrument to be the free act and deed of the
        Corporation.

       

      Signed
        and sworn to before me on July __, 2007

       

      
        
          

        

      

      Notary
        Public of the State of

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

    

     

    

    INDIGO-ENERGY,
      INC.

    

    701
      N
      Green Valley Pkwy, Suite 200, Henderson, NV 89074 702-990-3387/ fax
      702-990-3301

    

    

    From
      The Desk Of:

    David
      Larson, CEO

    

    Board
      of Directors

    Indigo-Energy,
      Inc.

    701
      N. Green Valley Pkwy

    Suite
      200

    Henderson,
      NV 89052

    

    July
      20, 2007

    

    Gentlemen-

    

    I
      hereby tender my resignation as President, Chief Executive Officer, and Member
      of the Board of Directors (Director) effective at such time as the Board of
      Directors may, at their sole discretion, replace me in any or all of these
      capacities. I will continue to serve in these capacities until noticed by the
      Board of Directors of the effective date of my resignation but in no case later
      than 31 December 2007. I am submitting this resignation without any conflict
      or
      dispute of any kind with the Company or any of its Officers or
      Directors.

    

    David
      Larson

    President

    Chief
      Executive Officer

    Director,
      Member of the Board of Directors

     

    
      
        
        

      

      
        6Exhibit 4.1

 

	
            NUMBER
 	
                      UNITS
 

U-                          

SEE REVERSE FOR CERTAIN DEFINITIONS

ENTERPRISE ACQUISITION CORP.

CUSIP                        

UNITS CONSISTING OF ONE SHARE OF COMMON STOCK

AND ONE WARRANT TO PURCHASE ONE SHARE OF COMMON STOCK

THIS CERTIFIES THAT                                           
                                          
                              

is the owner of                                           
                                          
                                          
      

Units.

Each Unit (“Unit”) consists of one (1) share of common stock, par value $0.0001
per share (“Common Stock”), of Enterprise Acquisition Corp., a Delaware
corporation (the “Company”), and one warrant (the “Warrant”). Each Warrant
entitles the holder to purchase one (1) share of Common Stock for $7.50 per
share (subject to adjustment). Each Warrant will become exercisable on the later
of (i) the Company’s completion of a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or other similar business
combination and (ii) __________, 2008, and will expire unless exercised before
5:00 p.m., New York City Time, on ______, 2011, or earlier upon redemption (the
“Expiration Date”). The Common Stock and Warrants constituting the Units
represented by this certificate are not transferable separately prior to ______,
2007, subject to earlier separation. The terms of the Warrants are governed by a
Warrant Agreement, dated as of ______, 2007, between the Company and Continental
Stock Transfer & Trust Company, as Warrant Agent, and are subject to the
terms and provisions contained therein, all of which terms and provisions the
holder of this certificate consents to by acceptance hereof. Copies of the
Warrant Agreement are on file at the office of the Warrant Agent at 17 Battery
Place, New York, New York 10004, and are available to any Warrant holder on
written request and without cost.

This certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company.

WITNESS the facsimile seal of the Company and the facsimile signatures of its duly authorized officers.

ENTERPRISE ACQUISITION CORP.

CORPORATE

SEAL

DELAWARE

 

	
                                                                        
CHIEF
                    EXECUTIVE OFFICER	 	 	
                                                                        
SECRETARY	 	 

 

 

 

 

 

Countersigned:

 

                                          
                                

Transfer Agent and Registrar

 

 

	
            
 	
            2
 

 

 

 

Enterprise Acquisition Corp.

The Company will furnish without charge to each stockholder who so requests, a statement of the powers, designations, preferences and relative, participating, optional or other special rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences and/or rights.

The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:

	
             
 	
            TEN COM — as tenants in common
 	
                      UNIF GIFT MIN ACT - ____      Custodian ____
 	
             

	
             
 	
            TEN ENT — as tenants by the entireties
 	
            (Cust)
 	
            (Minor)
 
	
             
 	
            JT TEN — as joint tenants with right of survivorship
 	
            under Uniform Gifts to Minors
 	
             

	
             
 	
            and not as tenants in common
 	
            Act ________
        (State)
 	
             

										

Additional Abbreviations may also be used though not in the above list.

 

For value received, __________________ hereby sell, assign and transfer unto

 

PLEASE INSERT SOCIAL SECURITY OR

OTHER IDENTIFYING NUMBER OF ASSIGNEE

 

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS,

INCLUDING ZIP CODE, OF ASSIGNEE)

 

________ Units represented by the within Certificate, and do hereby irrevocably
constitute and appoint Attorney to transfer the said Units on the books of the
within named Company will full power of substitution in the
premises.

Dated _________________

                                                   

Notice:   The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.

 

Signature(s) Guaranteed:

 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).

 

 

 

	
            
 	
            3

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