STOCK PURCHASE AGREEMENT ISLAND ENVIRONMENTAL SERVICES, INC.Stock Purchase Agreement • September 24th, 2008 • General Environmental Management, Inc • Hazardous waste management • California
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into effective as of August 31, 2008, by and among ISLAND ENVIRONMENTAL SERVICES, INC., a California corporation (“ISLAND”), RANDY COSTALES (“RANDY”), GLORIA D. COSTALES (“DODIE”), each in their individual capacities, (RANDY and DODIE are sometimes collectively referred to herein as “SELLERS”), NCF CORPORATION, a Florida not-for-profit corporation, not individually but solely in its capacity as Trustee of NCF CHARITABLE TRUST, a Florida wholly charitable trust and tax exempt organization classified as a public charity (“NCT”) and GENERAL ENVIRONMENTAL MANAGEMENT, INC. a Delaware corporation (“GEM” or “BUYER”).
