Document:

Exhibit
10.4

 

Quantum
Energy, Inc.

 

MUTUAL
RESCISSION AGREEMENT

 

  This
Agreement of mutual rescission of a contract made and entered into this 15th day of January, 2018, by and between Mountain Top
Properties, Inc. (“MTPP”) and Quantum Energy, Inc. (“QEGY”).

 

  QEGY
and MTPP hereby mutually acknowledge and agree that:

 

		1.	On July 14, 2016, the parties entered into a Contribution Agreement which
is attached and marked Exhibit A (the “Contribution Agreement”).

 

		2.	The parties to the Contribution Agreement and to this agreement of mutual
rescission wish to rescind the Contribution Agreement and to grant each other a Mutual Release.

 

		3.	Therefore, in consideration of the mutual covenants of the parties, the parties
hereby rescind the Contribution Agreement effective as of this day first written above.

 

		4.	Further, by this mutual rescission MTPP agrees to the immediate cancellation
and surrender of the stock certificates representing5,000,000 shares of QEGY common stock and to the imposition of a stop transfer
order with the QEGY transfer agent as to those shares and certificates.

 

		5.	Further, the Parties agree to defend, indemnify and hold harmless the other
from and against any and all costs, expenses and liability which may in any way result in connection with the Contribution Agreement
other than any such liabilities resulting from gross negligence or willful misconduct.

 

		6.	Further, except as herein otherwise agreed, each Party hereby irrevocably
and unconditionally releases, acquits and forever discharges the other and each of their present and former agents, directors,
officers, employees, representatives, attorney, and members of its governing board, and all persons acting by, through, under or
in concert with any of them from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies,
damages, actions, causes of action, suits, rights, demands, costs, losses, debts and expenses (including attorney’s fees
and costs actually incurred) of any nature whatsoever, known or unknown, suspected or unsuspected, including, but not limited to,
rights arising out of alleged violations of any contracts, express or implied, any covenant of good faith and fair dealing, express
or implied, or any tort, or any federal, state or other governmental statute, regulation, or ordinance (hereinafter “Claim”
or “Claims”), which each Party at any time hereinafter may have, own or hold, or claim to have, own or hold against
the other Party. This paragraph shall have no applicability to Claims, if any, based totally on events occurring after the date
of this Agreement

 

		7.	This agreement of mutual rescission shall be binding upon the parties, their
successors, assigns and personal representatives. Neither party shall have any further rights or duties thereunder.

 

  This
Agreement contains the entire understanding of the parties hereto relating to the subject matter herein contained, and can be
changed only by a writing signed, by both parties hereto.

 

  This
Agreement shall be governed by and construed in accordance with the substantive law of the State of Nevada without regard to choice
of law principles.

 

  IN
WITNESS HEREOF, the parties have signed this agreement as of the day and year first set forth above. 

	 	 	 	 	 	 
	QUANTUM ENERGY, INC.	MOUNTAIN TOP PROPERTIES, INC.
	 	 	 	 	 	 
	By	 	 	By	 	 
	 	Stanley F. Wilson	 	 	Alfonso Knoll	 

 

     

    

    

 

SETTLEMENT
AGREEMENT AND MUTUAL GENERAL RELEASE

 

THIS
SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASE is made and entered into this 15th day of January, 2018, by and between STANLEY
F. WILSON (hereinafter “SFW”) and MOUNTAIN TOP PROPERTIES, INC. (hereinafter “MTPP” and collectively referred
to as the “Parties”).

 

 WITNESSETH:

 

WHEREAS,
the Parties desire to settle fully and finally all differences arising out of their dealings involving Quantum Energy, Inc.;

 

NOW,
THEREFORE, in consideration of the mutual promises herein contained, it is agreed as follows: 

 

FIRST:
Non-Admission of Liability.

 

This
Settlement Agreement and Mutual General Release shall not in any way be construed as an admission by the Parties that MTPP or
SFW or its agents have acted wrongfully with respect to any other person or Party, and the Parties specifically disclaim any liability
to or wrongful acts against any other person or Party on the part of MTPP, SFW or their agents.

 

SECOND:
No Other Claims.

 

The
Parties covenant and represent that they have not filed any complaints or charges or lawsuits against the other with any governmental
agency or any court.

 

THIRD:
Benefits.

 

(1) In
the event that MTPP executes a Rescission Agreement with Quantum Energy, Inc., then in that event, SFW shall deliver 1,750,000
shares of Quantum Energy, Inc. common stock to MTPP at the earliest convenience but in no event later than 10 days from the date
of this Agreement.

 

(2) The
parties agree not to disparage, ridicule or defame any other party to this agreement. 

 

FOURTH:
Severability.

 

The
provisions of this Agreement are severable, and if any part of it is found to be unenforceable, the other paragraphs shall remain
in full force and effect.

 

FIFTH:
Complete Release by All Parties.

 

		(1)	Except as herein otherwise agreed, each Party hereby irrevocably and unconditionally
releases, acquits and forever discharges the other and each of their present and former agents, directors, officers, employees,
representatives, attorney, and members of its governing board, and all persons acting by, through, under or in concert with any
of them from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, actions,
causes of action, suits, rights, demands, costs, losses, debts and expenses (including attorney’s fees and costs actually
incurred) of any nature whatsoever, known or unknown, suspected or unsuspected, including, but not limited to, rights arising out
of alleged violations of any contracts, express or implied, any covenant of good faith and fair dealing, express or implied, or
any tort, or any federal, state or other governmental statute, regulation, or ordinance (hereinafter “Claim” or “Claims”),
which each Party at any time hereinafter may have, own or hold, or claim to have, own or hold against the other Party. This paragraph
shall have no applicability to Claims, if any, based totally on events occurring after the date of this Agreement.

 

     

    

    

 

		(2)	Except as herein otherwise agreed, each Party hereby irrevocably and unconditionally
releases, acquits and forever discharges the other from any and all charges, complaints, claims, liabilities, obligations, promises,
agreements, controversies, damages, actions, causes of action, suits, rights, demands, costs, losses, debts and expenses (including
attorneys’ fees and costs actually incurred) of any nature whatsoever, known or unknown, suspected or unsuspected as of the
date of the execution of this Agreement, by reason of any act or omission concerning any matter, cause, or thing.

 

SIXTH:
Knowing and Voluntary Waiver by the Parties.

 

For
the purpose of implementing a full and complete release, the parties expressly acknowledge that this Settlement Agreement and
Mutual General Release is intended to include in its effect, without limitation, all claims which the parties do not know of or
suspect to exist at the time of execution hereof, and that this Settlement Agreement and Mutual General Release contemplates the
extinguishment of any such claim or claims.

 

SEVENTH:
Confidentiality.

 

The
parties represent and agree that they will keep the terms and amount of this Settlement Agreement and General Release completely
confidential. Except in response to an order of a Court of competent jurisdiction, a subpoena issued by a state or federal government
agency, or as necessary to enforce the terms of this Agreement, no information concerning this Settlement Agreement and Mutual
General Release will be disclosed to anyone. Each party may however, disclose the terms of this Agreement to her immediate family
and other professional representatives. If asked, each party will respond that the matter has been resolved.

 

EIGHTH:
Consultation with Counsel.

 

SFW
and MTPP represent and acknowledge that they have discussed this Settlement Agreement and Mutual General Release with their respective
attorney, that each has carefully read and fully understands all of the provisions of this Settlement Agreement and Mutual General
Release, that each has been advised with respect to said provision and that each is voluntarily entering into this Settlement
Agreement and Mutual General Release.

 

NINTH:
Indemnification.

 

The
parties hereby agree to indemnity and hold each other harmless from and against any and all loss, costs, damages, or expenses,
including, without limitation, attorneys’ fees incurred by the other, arising out of any breach of this Settlement Agreement
and Mutual General Release or the fact that any representation made herein was false when made. The parties agree that any dispute
regarding an alleged breach of this Agreement shall be resolved through final and binding arbitration through the auspices of
the American Arbitration Association (“AAA”). The parties agree that any arbitration under this provision shall be
heard by a single arbitrator, shall be conducted according to the rules and regulations of AAA then in effect, and shall take
place in Maricopa County, Arizona. The parties further agree that the prevailing party in any such arbitration shall be awarded
their reasonable attorneys’ fees and costs, and that the award of the arbitrator shall be final and binding.

 

     

    

    

 

TENTH:
Sole and Entire Agreement.

 

This
Settlement Agreement and General Release contains the entire agreement between the parties hereto, and fully supersedes any and
all prior agreements or understandings between the parties hereto pertaining to the subject matter hereof. The terms of this Settlement
Agreement are contractual and not a mere recital.

 

ELEVENTH:
Amendments.

 

For
the purposes of this Settlement Agreement and General Release, neither party shall be deemed the writer of this document and they
may not amend, revise or modify in whole or in part, the provisions set forth herein, except pursuant to a separate writing agreed
upon and signed by both parties.

 

TWELFTH:
Execution.

 

This
Agreement may be executed in counterparts, each of which shall be deemed an original for purposes of authentication, evidentiary
validity, and in governance of all the parties hereto.

 

THIRTEENTH:
Attorney Fees.

 

In
entering into this agreement, the parties acknowledge that each side is to bear their own attorneys’ fees, and costs of
litigation, and that no claim for such may be made at any subsequent time.

 

Executed
and effective as of the date first above written.

	 	 	 
	 	 
	Stanley
    F. Wilson	 

	 	 	 
	Mountain Top Properties, Inc.
	 	 	 
	By 	 	 
	 	Alfonso
        KnollExhibit 10.5

 

SETTLEMENT AGREEMENT AND MUTUAL RELEASE

 

This Settlement Agreement
and Mutual Release (hereinafter, “Settlement Agreement”) is made and entered into this 26 day of October, 2017, by
and between JEFFREY MALLMES (“Jeffrey”), JANICE MALLMES (“Janice”), ANDREW J. KACIC (“Andrew”),
THE BIG BARGE COMPANY INC. (“Big Barge”), OOPIK HOLDINGS LTD (“Oopik”) and KANDY LP (“Kandy”)
on the one hand (collectively, Jeffrey, Janice, Andrew, Big Barge, Oopik and Kandy are referred to herein as the “Mallmes/Kacic
Parties”), and STANLEY F. WILSON (“Wilson”), ROBERT L. MONDAY (“Monday”) and RANGUN
LLC (“Rangun”) on the other hand (collectively, Wilson, Monday and Rangun are referred to herein as the “Wilson/Monday
Parties”) (each of the separate parties to this Settlement Agreement may be referred to as a “Party” and together,
the “Parties”):

 

RECITALS

 

WHEREAS, each of the
Mallmes/Kacic Parties are shareholders of Quantum Energy, Inc. (“Quantum”); and

 

WHEREAS, each of the
Wilson/Monday Parties are also shareholders of Quantum; and

 

WHEREAS, as of June
20, 2013, Wilson became a director and President, Secretary and Treasurer of Quantum; and

 

WHEREAS, from on or
about June 30, 2016 until on or about May 11, 2017, Wilson was the sole director of Quantum in addition to continuing to hold the
offices of President, Secretary and Treasurer of Quantum; and

 

WHEREAS, on or about
July 21, 2015, Quantum, through Wilson, its sole director and officer, formed Quantum Native Processing Partners, LLC, a single
purpose entity limited liability company through which Quantum entered into a joint venture with Native Son Refining, LLC, to co-develop
the Berthold refinery in North Dakota, and submitted an application for an air quality construction permit with the North Dakota
Department of Health for the proposed Berthold refinery; and

 

WHEREAS, pursuant to
the joint venture, Quantum owned 50% of Quantum Native Processing Partners, LLC and Native Son Refining, LLC owned 50% of Quantum
Native Processing Partners, LLC; and

 

WHEREAS, on or about
May 10, 2017, Quantum, through Wilson, its sole director and officer, acquired 100% of the stock of Native Son Refinery, Inc.,
thus also acquiring the 50% interest in Quantum Native Processing Partners, LLC owned by Native Son Refinery, Inc. and bringing
Quantum’s ownership percentage in Quantum Native Processing Partners, LLC to 100%; and

 

    Page 1 of 7 

     

    

 

WHEREAS, in connection
with Quantum’s purported acquisition of Native Son Refinery, Inc., Quantum, at the direction of Wilson, its sole director
and officer, issued shares of Quantum common stock as follows: 8,761,000 shares of Quantum common stock to Monday, represented
by Quantum share certificate number 3294, and 5,938,800 shares of Quantum common stock to Rangun, represented by Quantum share
certificate number 3295; and

 

WHEREAS, on or about
May 11, 2017, Quantum, through Wilson, its sole director and officer, appointed Monday as a director of Quantum along with Wilson,
who continued as a director and as President and Chief Operating Officer of Quantum, and also appointed Monday as Chief Executive
Officer of Quantum; and

 

WHEREAS, the Mallmes/Kacic
Parties have raised concerns about, and object to, certain of the decisions Wilson has made and actions Wilson has taken on behalf
of Quantum including, but not limited to the purported acquisition by Quantum of the stock of Native Son Refinery, Inc. as aforesaid,
the issuance of Quantum common stock to Monday and Rangun as aforesaid and the appointment of Monday as a director of Quantum and
as Chief Executive Officer of Quantum as aforesaid, and have requested, inter alia, that Monday, and all persons or entities
associated with Monday that own, directly or indirectly, any Quantum common stock (including, but not limited to, Rangun) return
their Quantum common stock to Quantum, and also that Monday resign as director and Chief Executive Officer of Quantum; and

 

WHEREAS, the Mallmes/Kacic
Parties, through counsel, made a written request dated October 6, 2017 upon Quantum, through Wilson, to inspect Quantum’s
books and records, including its financial records (the “Inspection Request”); and

 

WHEREAS, since Wilson’s
receipt of the Inspection Request, the Mallmes/Kacic Parties and the Wilson/Monday Parties have been negotiating to resolve the
issues and disputes between them; and

 

WHEREAS, the Mallmes/Kacic
Parties and the Wilson/Monday Parties, to avoid the burden and expense of litigation, and without any admission of liability or
wrongdoing on the part of any Party, have reached a full and complete settlement of all matters and claims that any or all of them
might otherwise have against the other arising out of any actions Wilson or Monday have taken, or may have taken, as officers and
directors of Quantum.

 

NOW THEREFORE, in consideration
of the foregoing Recitals (which Recitals are incorporated herein by this reference), and the mutual covenants contained below,
and the terms and conditions hereof, and for other good and valuable consideration, the receipt and sufficiency of which are hereby
mutually acknowledged, the Parties agree as follows:

 

1.           Resignation
by Monday as Director and Chief Executive Officer of Quantum. In consideration of the Release by the Mallmes/Kacic Parties
contained herein, Monday agrees to, and shall, submit his written resignation as director of Quantum and any and all officer positions
Monday holds including, but not limited to, Chief Executive Officer of Quantum, said resignations to be effective immediately upon
the execution of this Settlement Agreement.

 

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2.           Turnover
by Monday of Quantum Correspondence and List of Contacts Monday Has Made Since Becoming a Director and Chief Executive Officer
of Quantum. In consideration of the Release by the Mallmes/Kacic Panics contained herein. Monday agrees, contemporaneously
with his resignation as director of Quantum and any and all officer positions he holds including, but not limited to, Chief Executive
Officer of Quantum, to turn over to the Mallmes/Kacic Parties: (a) a list of all persons or entities with whom or with which he
has had any contact in his capacity as a director and/or Chief Executive Officer of Quantum, or with whom he has discussed any
Quantum business or prospective business; and (b) copies of all communications, whether written or electronic, Monday has sent
to or received from any person or entity during his tenure as director or Chief Executive Officer of Quantum, or with whom he has
exchanged any communications relating to any Quantum business or prospective business.

 

3.           Relinquishment
of Shares of Quantum Stock by Monday and Rangun. In consideration of the Release by the Mallmes/Kacic Parties contained herein,
Monday relinquishes all right, title and interest he currently has or has ever had in Quantum including, but not limited to, all
shareholder interest and right to compensation (including, but not limited to, salary, bonus, retained earnings, earnings distributions,
profits and dividends), effective as of the date this Settlement Agreement is signed. Monday agrees that he will endorse Quantum
stock certificate number 3294 to Quantum and provide the endorsed stock certificate to the Mallmes/Kacic Parties or their counsel
no later than the date this Settlement Agreement is executed. Further, on behalf of Rangun, for whom Monday expressly represents
and warrants he is duly authorized to act, Monday relinquishes all right, title and interest Rangun currently has or has ever had
in Quantum, effective as of the date this Settlement Agreement is signed. Monday agrees that he will, on behalf of Rangun, endorse
Quantum stock certificate number 3295 to Quantum and provide the endorsed stock certificate to the Mallmes/Kacic Parties or their
counsel no later than the date this Settlement Agreement is executed. Monday, on his own behalf and on behalf of Rangun, further
agrees that he will take any and all other and further actions that may be required by the stock transfer agent for the Quantum
shares, Pacific Stock Transfer Company, to effectuate the cancellation of the shares.

 

4.           Issuance
by Wilson of Resolutions Increasing Number of Directors in Quantum to Three, Appointing Jeffery Mallmes and Andrew J. Kacic as
Directors to Fill Vacancies. In consideration of the Release by the Mallmes/Kacic Parties contained herein, Wilson agrees that,
immediately upon Monday’s resignation as director of Quantum, which resignation will result in Wilson then being Quantum’s
sole director, Wilson will: (a) execute and issue a sole director’s consent resolution increasing the number of directors
of Quantum to three (3); and (b) execute and issue a sole director’s consent resolution appointing Jeffrey Mallmes and Andrew
J. Kacic as directors of Quantum to fill the newly created vacancies on Quantum’s board of directors.

 

5.           Withdrawal
by the Mallmes/Kacic Parties of October 6, 2017 inspection Request. In consideration of the Release by the Wilson/Monday Parties
contained herein, the Mallmes/Kacic Parties agree that, immediately upon the execution of this Settlement Agreement, they will
withdraw their October 6, 2017 Inspection Request. The Parties acknowledge and agree that the withdrawal of the Mallmes/Kacic Parties
October 6, 2017 Inspection Request is without prejudice to any right the Mallmes/Kacic Parties have or may have in the future to
request inspection of Quantum’s books and records.

 

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6.           Mutual
Releases. (a) Release by the Mallmes/Kacic Parties of the Wilson/Monday Parties. Except for claims arising out of any
breach of this Settlement Agreement or the exclusion described in subparagraph (b) below within this Paragraph 6., each of the
Mallmes/Kacic Parties, individually and solely in his, her or its individual capacity, does hereby fully, finally and forever unconditionally
release and discharge each of Wilson, Monday and Rangun, and their respective shareholders, directors, officers, employees, agents,
attorneys, heirs, representatives, successors and assigns, from any and all claims, complaints, causes of action, demands, suits,
liabilities or obligations of any kind or nature, whether known or unknown, arising out of or relating to any actions Wilson or
Monday have undertaken, or refrained from undertaking, in their respective capacities as directors, officers or shareholders of
Quantum; provided, however, nothing contained in this Settlement Agreement is intended to release any claims that may be held by
any other shareholders of Quantum, be they individuals or entities, or by Quantum itself, against Wilson or Monday, arising out
of or relating to any actions Wilson or Monday have undertaken, or refrained from undertaking, in their respective capacities as
directors, officers or shareholders of Quantum.

 

(b)   Exception
to and Exclusion from Release by the Mallmes/Kacic Parties of the Wilson/Monday Parties. Specifically excepted and excluded
from the Release that the Mallmes/Kacic Parties are providing to the Wilson/Monday Parties as described in subparagraph (a) above
within this Paragraph 6 are any and all claims (including specifically, but not limited to, claims for defense, indemnity or contribution)
that the Mallmes/Kacic Parties may have against the Wilson/Monday Parties stemming from, relating to or arising out of any claims
asserted by any third-party against the Mallmes/Kacic Parties arising out of or in any way related to any action undertaken by,
or inaction by, Quantum during the period Wilson was the sole director and officer of Quantum or during the period that Wilson
and Monday were the sole directors of Quantum. Thus, the Malimes/Kacic Parties are not releasing the Wilson/Monday Parties from
any such claims and, as to all such claims, the Wilson/Monday Parties specifically agree to protect, hold harmless and indemnify
the Mallmes/Kacic Parties from and against any and all liability and expenses, including attorneys’ fees, incurred by the
Mallmes/Kacic Parties in connection with the Mallmes/Kacic Parties’ defense of any and all such claims.

 

(c)   Release
by the Wilson/Monday Parties of the Mallmes/Kacic Parties. Except for claims arising out of any breach of this Settlement Agreement,
each of the Wilson/Monday Parties, individually and solely on his, her or its own behalf, does hereby fully, finally and forever
unconditionally release and discharge each of Jeffrey Mallmes, Janice Mallmes, Big Barge, Oopik and Kandy, and their respective
shareholders, directors, officers, employees, agents, attorneys, heirs, representatives, successors and assigns, from any and all
claims, complaints, causes of action, demands, suits, liabilities or obligations of any kind or nature, whether known or unknown,
arising out of or relating to any actions any of the Mallmes/Kacic Parties have undertaken, or refrained from undertaking, in their
respective capacities as directors, officers or shareholders of Quantum.

 

7.           Confidentiality.
The Parties represent and agree that they will each keep the terms and of this Settlement Agreement completely confidential. Except
in response to an order of a Court of competent jurisdiction, a subpoena issued by a state or federal government agency or as necessary
to enforce the terms of this Settlement Agreement, no information concerning this Settlement Agreement will be disclosed to anyone.
Each Party may, however, disclose the terms of this Settlement Agreement to his/her immediate family and other professional representatives.
If asked by any other person about the terms of this Settlement Agreement, each Party will respond that the matter has been resolved,
or other similar words.

 

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8.           Attorneys’
Fees. It is further agreed that each of the parties shall pay his or its own attorneys’ fees and expenses incurred prior
to the execution of this Settlement Agreement without seeking from the other party any reimbursement or compensation therefor.

 

9.           Voluntary
Settlement. Each of the Parties represents and warrants that in executing and delivering this Agreement, he (it) is represented
by counsel, he (it) does so freely, knowingly and voluntarily and that he (it) is fully aware of the contents and effect of this
Agreement, and that the execution and delivery of this Agreement is not the result of any fraud, duress, mistake or undue influence
of any kind or nature whatsoever.

 

10.         No
Pending or Contemplated Sale of Quantum. Wilson and Monday expressly represent and warrant that as of the time this Agreement
is being executed, there have been no negotiations for the sale of all or substantially all the assets of Quantum and no agreements
(including, but not limited to, Confidentiality Agreements, Non-Disclosure Agreements, Letters of Intent, Asset Sales Agreements,
Purchase Agreements or Merger Agreements) associated with the sale of all or substantially all the assets of Quantum have been
or are contemplated to be executed by Wilson or Monday.

 

11.         Denial
of Liability. The Parties explicitly acknowledge and agree that in light of the mutual releases contained herein and the other
consideration recited above, neither the negotiations preliminary to the signing of this Agreement nor its acceptance shall be
considered as an admission of liability or wrongdoing by any Party.

 

12.         Authority
to Sign. Each person signing this Settlement Agreement on behalf of an entity represents and warrants that he or she is fully
authorized to execute this Settlement Agreement on behalf of the entity on whose behalf such individual has signed this Settlement
Agreement, and that by signing this Settlement Agreement such entity shall be bound by the terms contained in this Settlement Agreement.

 

13.         Counterparts;
Facsimile and Electronic Signatures. This Agreement may be executed separately by the parties to the Agreement in counterparts,
each of which shall be deemed an original but all of which together shall constitute one and the same Agreement. Further, the Parties
agree that a facsimile or electronically transmitted signature in pdf format shall be treated as an original signature for all
purposes.

 

14.         Choice
of Law. The validity, construction, interpretation, effect and enforceability of this Agreement shall be governed by the laws
of the State of Illinois irrespective of where the Agreement is made or to be performed, and irrespective of any applicable principles
or conflicts of law. Any lawsuit to enforce, administer or interpret this Agreement will be brought only in the Circuit Court of
Cook County, Illinois, Richard J. Daley Center location.

 

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15.         Breaching
Parties to Pay Costs and Fees. In the event any action, suit or proceeding is required to enforce the terms of this Agreement
or to seek damages arising from an uncured breach of this Agreement, the Party or Parties found by a Court to be the prevailing
Party or Parties in any litigation to enforce this Agreement shall be entitled to be reimbursed from the non-prevailing Party
or Parties for all damages, costs and expenses incurred in defending or pursuing such litigation, including reasonable attorneys’
fees.

 

16.         Severability.
If any term or provision of this Agreement is, for any reason, held to be invalid, illegal or unenforceable by a court or tribunal
of competent jurisdiction, that term or provision shall be deemed severable, and such invalidity, illegality or unenforceability
shall not affect any other term or provision of this Agreement.

 

17.         Waiver.
Any Party may waive compliance by the other Parties with any covenants, conditions or provisions contained in this Agreement, but
only by a written instrument signed by the Party waiving such compliance. No such waiver, however shall be deemed to waive any
other circumstance, covenant, condition or provision not expressly named in the written waiver.

 

18.         Entire
Agreement. The Parties agree that this Agreement constitutes the entire agreement and understanding between them, that they
supersede and replace all prior written or oral proposals, negotiations and agreements, whether express or implied, and that none
of the Parties are relying on any promise, agreement or inducement not described herein to execute this Agreement.

 

19.         No
Amendments. No amendment to this Agreement shall be effective unless such amendment is in writing and signed by all parties.

 

SIGNATURES FOLLOW
ON PAGE 7 OF 7

 

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IN WITNESS WHEREOF,
each of the Parties have executed this Agreement as of the day and year first above written. 

	 	 	 	 	 	 	 	 
	JEFFREY MALLMES	 	 	 	JANICE MALLMES	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	ANDREW J. KACIC	 	 	 	THE BIG BARGE COMPANY INC.	 
	 	 	 	 	 	 
	 	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	OOPIK HOLDING LTD	 	 	 	KANDY LP	 
	 	 	 	 	 	 
	By:	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	Its:	 	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	STANLEY F. WILSON	 	 	 	ROBERT L. MONDAY	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	RANGUN LLC	 	 	 	 	 	 
	 	 	 	 	 	 	 
	By:	Steve A. Montgomery	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Its:	Managing Partner	 	 	 	 	 	 

 

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IN WITNESS WHEREOF,
each of the Parties have executed this Agreement as of the day and year first above written.

 

	 	 	 	 	 	 	 	 
	JEFFREY MALLMES	 	 	 	JANICE MALLMES	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	ANDREW J. KACIC	 	 	 	THE BIG BARGE COMPANY INC.	 
	 	 	 	 	 	 
	 	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	OOPIK HOLDING LTD	 	 	 	KANDY LP	 
	 	 	 	 	 	 
	By:	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	Its:	 	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	STANLEY F. WILSON	 	 	 	ROBERT L. MONDAY	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	RANGUN LLC	 	 	 	 	 	 
	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Its:	 	 	 	 	 	 	 

 

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IN WITNESS WHEREOF,
each of the Parties have executed this Agreement as of the day and year first above written.

 

	 	 	 	 	 	 	 	 
	JEFFREY MALLMES	 	 	 	JANICE MALLMES	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	ANDREW J. KACIC	 	 	 	THE BIG BARGE COMPANY INC.	 
	 	 	 	 	 	 
	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	OOPIK HOLDING LTD	 	 	 	KANDY LP	 
	 	 	 	 	 	 
	By:	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	Its:	 	 	 	Its:	General Partner	 	 
	 	 	 	 	 	 	 	 
	STANLEY F. WILSON	 	 	 	ROBERT L. MONDAY	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	RANGUN LLC	 	 	 	 	 	 
	 	 	 	 	 	 	 
	By:	Steve A. Montgomery	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Its:	Managing Partner	 	 	 	 	 	 

 

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IN WITNESS WHEREOF,
each of the Parties have executed this Agreement as of the day and year first above written.

 

	 	 	 	 	 	 	 	 
	JEFFREY MALLMES	 	 	 	JANICE MALLMES	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	ANDREW J. KACIC	 	 	 	THE BIG BARGE COMPANY INC.	 
	 	 	 	 	 	 
	 	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	Its:	President.	 	 
	 	 	 	 	 	 	 	 
	OOPIK HOLDING LTD	 	 	 	KANDY LP	 
	 	 	 	 	 	 
	By:	 	 	 	By:	 	 	 
	 	 	 	 	 	 	 	 
	Its:	President	 	 	Its:	 	 	 
	 	 	 	 	 	 	 	 
	STANLEY F. WILSON	 	 	 	ROBERT L. MONDAY	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	RANGUN LLC	 	 	 	 	 	 
	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Its:	 	 	 	 	 	 	 

 

     Page 7 of 7

     

    

  

AGREEMENT 

CONCERNING THE EXCHANGE OF SHARES 

BETWEEN QUANTUM ENERGY, INC.

AND THE SHAREHOLDERS OF 

NATIVE SON REFINERY, INC.

 

THIS SHARE EXCHANGE
AGREEMENT (the “Agreement”), is made this 10th day of May, 2017, by and between Quantum
Energy, Inc., a Nevada corporation (“QEGY”) and Native Son Refinery, Inc., a Texas for profit
corporation, (“NSR”) and Robert Monday and Steve Montgomery as the shareholders of NSR
(“NSR Shareholders”). QEGY, NSR and NSR Shareholders each may be referred to herein individually as
a “Party” or collectively as the “Parties”.

 

RECITALS

 

WHEREAS, QEGY
desires to acquire 100% of the issued and outstanding shares of common stock of NSR in exchange for a net aggregate of 14,700,000
shares of its authorized but un-issued common stock shares of QEGY (the “Share Exchange”); and

 

WHEREAS, it
is the intention of the Parties that: (i) the Share Exchange shall qualify as a tax-free reorganization under Section 368(a)(1)(B)
of the Internal Revenue Code of 1986, as amended (the “IRC Code”); and (ii) the
Share Exchange shall qualify as a transaction in securities exempt from registration or qualification under the Securities Act
of 1933, as amended (the “Securities Act”) and in effect on the date of this Agreement;
and

 

NOW, THEREFORE,
in consideration of the mutual promises, covenants, and representations contained herein, THE PARTIES HERETO AGREE AS FOLLOWS:

 

ARTICLE I 

EXCHANGE OF SHARES

 

1.1 Issuance of
Shares. Subject to all of the terms and conditions of this Agreement, QEGY agrees to issue 14,700,000 shares of its
common stock (the “Common Shares”) to the NSR Shareholders in exchange for 100% of the issued and outstanding
shares of common stock of NSR. More specifically, QEGY shall issue the following share certificates upon Closing:

 

	 	Robert L. Monday	8,761,000 Common Shares
	 	Rangun, LLC	5,938,800 Common Shares

 

1.2 Exemption from
Registration. The Parties hereto intend that the Common Shares to be issued by QEGY to the NSR Shareholders shall be exempt
from the registration requirements of the Securities Act, pursuant to section 4(a)(2) and/or 3(b) of the Securities
Act and the rules and regulations promulgated thereunder. Furthermore, the parties intend that the Preferred Shares

 

    
	Share Exchange Agreement	1	May 10, 2017
	#2027.004	 	 

     

    

 

ACKNOWLEDGEMENT OF CLOSING

 

The undersigned authorized signatories
of Native Son Refinery, Inc. and Quantum Energy, Inc. hereby acknowledge that the Closing
called for under the foregoing Share Exchange Agreement between NSR and QEGY occurred on May 10, 2017, and that all conditions
of said Agreement have been met by the parties including the receipt of the shares from QEGY, and the shares from the NSR Shareholders
as called for under Article VIII of said Share Exchange Agreement.

 

Acknowledged this 10th day of
May, 2017.

 

	 	 	 
	NATIVE SON REFINERY, INC.	 
	 	 	 
	By		 
	 	Robert L. Monday, President	 
	 	 	 
	QUANTUM ENERGY, INC.	 
	 	 	 
	By		 
	 	Stanley F. Wilson, Chairman	 
	 	 	 
	NSR Shareholders:	 
	 	 
	Robert L. Monday, Shareholder	 
	 	 
	Rangun, LLC, Steve A. Montgomery, its Manager, Shareholder
	 	 	 

    
	Acknowledgement of Closing	25	May 10, 2017
	#2027.004

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