TURKS AND CAICOS ISLANDS
ASSIGNMENT AND BILL OF SALE
KNOW ALL MEN BY THE PRESENTS that We, ENERGY TECHNOLOGIES GROUP, INC. of P.O.
Box 267, BCM Cape Building, Leeward Highway, Providenciales, Turks and Caicos
Islands (herein termed "the Corporation") FOR VALUE RECEIVED, HEREBY ASSIGN,
SELL and TRANSFER to XAIBE, INC. (herein termed "the Company" of 13100 Northwest
Frwy., Suite 130, Houston, Texas 77040, the following:
All rights which the Corporation acquired from Polarshield, Inc. as part of
an agreement dated October 1, 1999, including, but not limited to, the
distribution and manufacturing for the polarized refrigerant oil additive
(referenced in U.S. Patent 4,963,280 issued October 16, 1990) outside the
territory of the United States.
The Corporation represents that it is transferring the rights that it holds to
the Company free and clear of any claims from any party. The Corporation makes
no further warranty to the Company except the warranty of title.
Dated this 26th day of Oct. 2000.
Signed by the Donor ENERGY TECHNOLOGIES GROUP, INC.
In the presence of
/s/
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