Stock Assignment Agreement between Harmon S. Graves and Global Energy, Inc. (August 24, 2007)
This agreement documents that Harmon S. Graves assigns all his rights to 150 shares of Series B Common Stock in Global Energy de Mexico, S.A. de C.V. to Global Energy, Inc. With this transfer, Global Energy, Inc. will own all issued and outstanding shares of Series B Common Stock in the company. The shares are fully paid, non-assessable, and have been issued without certificates. The agreement is effective upon acceptance by Global Energy, Inc.
Exhibit 10.51
GLOBAL ENERGY DE MEXICO, S.A. DE C.V.
Littleton Station
1950 W. Littleton Boulevard, Suite 113
Littleton, Colorado 80120
Telephone: 303 ###-###-####
Fax: 303 ###-###-####
E-mail: ***@***
August 24, 2007
VIA E-MAIL: ***@***
Global Energy, Inc.
312 Walnut Street, Suite 2300
Cincinnati, OH 45202
| Re: | Global Energy de Mexico/S.A. de C.V.: Capital Stock |
Dear Gentlemen:
In consideration of $1.00 and other valuable consideration, I hereby assign to Global Energy, Inc. all my right, title and interest in and to the following shares of capital stock of Global Energy de Mexico:
150 Shares of Series B Common Stock,
fully paid and non-assessable
These shares and the 600 shares of Series B Common Stock held by Global Energy, Inc. constitute all of the issued and outstanding shares of Global Energy de Mexico. All shares have been issued without certificates.
I respectfully request Global Energy, Inc.’s acceptance as noted below. Thank you.
Sincerely yours,
/s/ Harmon S. Graves
Harmon S. Graves
Director of Legal Affairs
HSG/cl
ACCEPTED:
Global Energy, Inc.
By: /s/ Steven G. Rolls
Steven G. Rolls
Chief Financial Officer
