EXHIBIT 10.07
XXXX OF SALE
For good and valuable consideration, B&A ECO-HOLDINGS, INC., a Delaware
corporation, ("Seller") hereby sells and transfers to PENN OCTANE CORPORATION, a
Delaware corporation, ("Buyer") the equipment set forth on the attached SCHEDULE
I, which is incorporated herein by this reference, on the terms and conditions
of that Equipment Acquisition Agreement dated October 18, 2002.
Seller hereby warrants and represents that the Equipment is in good and
working condition and free of any and all encumbrances and liens.
IN WITNESS WHEREOF, Seller have caused this Xxxx of Sale to be executed and
delivered to Buyer effective the 18th day of October, 2002.
PENN OCTANE CORPORATION, INC., B&A ECO-HOLDINGS, INC.
a Delaware corporation a Delaware corporation
By:/s/ Xxxxxx Xxxxxxx By:/s/ Xxx X. Xxxxxxxx
-------------------- ----------------------
Xxxxxx Xxxxxxx, President Xxx X. Xxxxxxxx, Chief Executive Officer
By:/s/ Xxx X. Xxxxxxxx By:__________________________________
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Xxx X. Xxxxxxxx, Vice President Print Name:__________________________
Title:_______________________________
ACKNOWLEDGEMENTS
STATE OF CALIFORNIA )
County of _______________ )
On ____________, 2002, before me, ________________________, personally
appeared ____________________ ____________________________, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person
whose name is subscribed to the within instrument and acknowledged to me that he
executed the same in his authorized capacity, that by his signature on the
instrument he, or the entity upon behalf of which the he acted, executed the
instrument.
WITNESS MY HAND AND OFFICIAL SEAL.
_____________________________
STATE OF CALIFORNIA )
County of _______________ )
On ____________, 2002, before me, ________________________, personally
appeared ____________________ ____________________________, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person
whose name is subscribed to the within instrument and acknowledged to me that he
executed the same in his authorized capacity, that by his signature on the
instrument he, or the entity upon behalf of which the he acted, executed the
instrument.
WITNESS MY HAND AND OFFICIAL SEAL.
_____________________________
STATE OF CALIFORNIA )
County of _______________ )
On ____________, 2002, before me, ________________________, personally
appeared ____________________ ____________________________, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person
whose name is subscribed to the within instrument and acknowledged to me that he
executed the same in his authorized capacity, that by his signature on the
instrument he, or the entity upon behalf of which the he acted, executed the
instrument.
WITNESS MY HAND AND OFFICIAL SEAL.
_____________________________
STATE OF CALIFORNIA )
County of _______________ )
On ____________, 2002, before me, ________________________, personally
appeared ____________________ ____________________________, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person
whose name is subscribed to the within instrument and acknowledged to me that he
executed the same in his authorized capacity, that by his signature on the
instrument he, or the entity upon behalf of which the he acted, executed the
instrument.
WITNESS MY HAND AND OFFICIAL SEAL.
_____________________________
