ASSIGNMENT
Exhibit 10.10
THIS ASSIGNMENT, made this 13th day of April, 2005, between New Harvest Cooperative, also known as
New Harvest Ethanol, a Minnesota 308A cooperative corporation, (the “Assignor”), and Agassiz
Energy, LLC, a Minnesota limited liability company, (the “Assignee”).
RECITALS
A. The Assignor, on September 7, 2004, entered into a Collaboration Agreement for grant
funds from AURI/AIC, Project No. AIC004, a copy of said Collaborative Agreement is attached hereto
and incorporated herein by reference.
B. Assignee desires to acquire the rights of Assignor in said grant and Collaboration Agreement
and is willing to assume the obligations of the Assignor under the contract.
NOW, THEREFORE:
1.
The Assignor assigns to the Assignee all Assignor’s interest in the grant and
Collaboration Agreement, Project No. A1C004, dated September 7, 2004.
2.
The Assignee assumes and covenants to perform all the obligations of the Assignor
under the contract, and guarantees to hold the Assignor harmless form any claim or demand made
under the contract.
| ASSIGNOR: | ASSIGNEE: | |||||
| NEW HARVEST COOPERATIVE a/k/a NEW HARVEST ETHANOL |
AGASSIZ ENERGY, LLC | |||||
By
|
/s/ Xxxxx Xxxxxx | By | /s/ Xxxxxx Xxxxxxxx | |||
| Xxxxx Xxxxxx | Xxxxxx Xxxxxxxx | |||||
| President | Chief Manager | |||||
| Federal Tax ID # 00-0000000 | Federal Tax ID # 00-0000000 | |||||
| State Tax ID # 5247824 | State Tax ID # | |||||
