ASSIGNMENT
Exhibit 10.4
FOR VALUE RECEIVED, the receipt and sufficiency of which is expressly acknowledged by the parties hereto, Investment and Finance Company IFC Ltd., a corporation organized under the laws of Anguilla (“Assignor”), hereby sells, assigns and transfers to Green Automotive Company, a Nevada corporation (“Debtor”) Assignors right, title and interest in the claims and causes of action, known or unknown, of Xxxxxxxxx Xxxxxx Xxxxx, residing at 000 Xxxxxx Xxxxxx Xxxx, Xxxxxx, Xxxxx 00000, Xxxxx Xxxxxx, residing at 000 Xxxxxxxxxx Xxxx, Xxxxxxxx Xxxxxxx, Xxxxx 00000, Xxxxxxxxx Xxxxxxxx, formerly located at 00000 Xxxxxx Xxxxxxx, Xxxxx 000, Xxxxxxx, Xxxxx 00000, and Xxxxx Xxxxx, residing at 0000 Xxxxxxxx Xxxxx, Xxxxxx, Xxxxx 00000 (collectively, the “Creditors”) owned by Assignor by virtue of the Assignment of Claims, the originals of which are attached hereto as Exhibits “1”, “2”, “3”, and “4” (the “Assignments”), for monies paid by the Creditors to third parties for the benefit of Debtor, monies loaned by the Creditors to Debtor by Assignor, or compensation due to by the Creditors Assignee for any and all services rendered by the Creditors to or for the benefit of Debtor , including all interest and other charges to Debtors account by the Creditors and any underlying agreements between by the Creditors and Debtor through the date hereof together with any and all derivative rights granted to by the Creditors by Xxxxxx relating to such obligations and any and all claims and causes of action which by the Creditors may have against Debtor, whether known or unknown, as of the date hereof (collectively, the “Claims”). Assignor hereby irrevocably constitutes and appoints Assignee, or its designee, as its Attorney-in-Fact to act on Assignee’s behalf with full power of collection, attachment or otherwise available to collect, settle or terminate the Claims at Assignees election, without penalty or further benefit accruing to Assignor.
By: /s/ August van Blarcum____________
Seen for legalization the signature of:
By me, _______________________,
a civil Law Notary of Curacao. This
declaration expressly contains no
opinion as to the contents of this
document
Curacao, Date:_________________
EXHIBIT ‘1’
FOR VALUE RECEIVED, the receipt and sufficiency of which is expressly acknowledged by the parties hereto, Xxxxxxxxx Xxxxxx Xxxxx, residing at 000 Xxxxxx Xxxxxx Xxxx, Xxxxxx, Xxxxx 00000 (“Assignor”), hereby sells, assigns and transfers unto Investment and Finance Company IFC Ltd., a corporation organized under the laws of Antigua (“Assignee”), all of Assignor’s right, title and interest in any and all claims of Assignor against Green Automotive Company, a Nevada corporation (“Debtor”), for monies paid to third parties for the benefit of Debtor, monies loaned to Debtor by Assignor, or compensation due to Assignor for any and all services rendered by Assignor to or for the benefit of Debtor , including all interest and other charges to Debtors account by Assignor and any underlying agreements between Assignee and Debtor through the date hereof (the “Obligations“), together with any and all derivative rights granted to Assignee by Debtor relating to such Obligations and any and all claims and causes of action which Assignor may have against Debtor, whether known or unknown, as of the date hereof (the “Claims”). Assignor hereby irrevocably constitutes and appoints Assignee, or its designee, as its Attorney-in-Fact to act on Assignee’s behalf with full power of collection, attachment or otherwise available to collect, settle or terminate the Obligations and the Claims or, at Assignees election, without penalty or further benefit accruing to Assignor.
Effective Date: December 31, 2011
“Assignor”
Xxxxxxxxx Xxxxxx Xxxxx
__/s/ Xxxxxxxxx Xxxxxx Xxxxx_____
EXHIBIT ‘2’
FOR VALUE RECEIVED, the receipt and sufficiency of which is expressly acknowledged by the parties hereto, Xxxxx Xxxxxx, residing at 000 Xxxxxxxxxx Xxxx, Xxxxxxxx Xxxxxxx, Xxxxx 00000 (“Assignor”), hereby sells, assigns and transfers unto Investment and Finance Company IFC Ltd., a corporation organized under the laws of Antigua(“Assignee”), all of Assignor’s right, title and interest in any and all claims of Assignor against Green Automotive Company, a Nevada corporation (“Debtor”), for monies paid to third parties for the benefit of Debtor, monies loaned to Debtor by Assignor, or compensation due to Assignor for any and all services rendered by Assignor to or for the benefit of Debtor , including all interest and other charges to Debtors account by Assignor and any underlying agreements between Assignee and Debtor through the date hereof (the “Obligations“), together with any and all derivative rights granted to Assignee by Debtor relating to such Obligations and any and all claims and causes of action which Assignor may have against Debtor, whether known or unknown, as of the date hereof (the “Claims”). Assignor hereby irrevocably constitutes and appoints Assignee, or its designee, as its Attorney-in-Fact to act on Assignee’s behalf with full power of collection, attachment or otherwise available to collect, settle or terminate the Obligations and the Claims or, at Assignees election, without penalty or further benefit accruing to Assignor.
Effective Date: December 31, 2011
“Assignor”
Xxxxx Xxxxxx
___/s/ Xxxxx Xxxxxx____________
EXHIBIT ‘3’
FOR VALUE RECEIVED, the receipt and sufficiency of which is expressly acknowledged by the parties hereto, Xxxxxxxxx Xxxxxxxx, formerly located at 00000 Xxxxxx Xxxxxxx, Xxxxx 000 Xxxxxxx, Xxxxx 00000 (“Assignor”), hereby sells, assigns and transfers unto Investment and Finance Company IFC Ltd., a corporation organized under the laws of Antigua (“Assignee”), all of Assignor’s right, title and interest in any and all claims of Assignor against Green Automotive Company, a Nevada corporation (“Debtor”), for monies paid to third parties for the benefit of Debtor, monies loaned to Debtor by Assignor, or compensation due to Assignor for any and all services rendered by Assignor to or for the benefit of Debtor , including all interest and other charges to Debtors account by Assignor and any underlying agreements between Assignee and Debtor through the date hereof (the “Obligations“), together with any and all derivative rights granted to Assignee by Debtor relating to such Obligations and any and all claims and causes of action which Assignor may have against Debtor, whether known or unknown, as of the date hereof (the “Claims”). Assignor hereby irrevocably constitutes and appoints Assignee, or its designee, as its Attorney-in-Fact to act on Assignee’s behalf with full power of collection, attachment or otherwise available to collect, settle or terminate the Obligations and the Claims or, at Assignees election, without penalty or further benefit accruing to Assignor.
Effective Date: December 31, 2011
“Assignor”
Xxxxxxxxx Xxxxxxxx
_/s/ Xxxxxxxxx Xxxxxxxx_______________
EXHIBIT ‘4’
