ASSIGNMENT OF PROMISSORY NOTEAssignment of Promissory Note • May 1st, 2007 • Sulphco Inc • Miscellaneous chemical products • New York
This Assignment of Promissory Note (this “Assignment”) is entered into as of April 24, 2007, by and among Rudolf Gunnerman (“Gunnerman”), SulphCo, Inc., a Nevada corporation (the “Borrower”), and the entities identified on the signature pages hereto (each a “Buyer” and collectively “Buyers”), regarding assignment of that certain Promissory Note, dated December 31, 2004, in the principal amount of $7,000,000 issued by Borrower to Gunnerman (the “Note”).
