EMPLOYMENT AGREEMENTEmployment Agreement • April 15th, 2010 • Global Energy Inc • Industrial organic chemicals
THIS AGREEMENT is made this 10 day of September, 2009 by and between Global Energy Inc., a company incorporated under the laws of the State of Nevada, U.S.A., with an address at Aviv Tower, 38 floor, 7 Jabotinski St. POBox 14, Ramat Gan 52520 , Israel (the "Company") and Yuval Ganot, an individual residing at , tel aviv Israel (the "Executive").
Agreement Made and entered into as of April 13, 2010Made And • April 15th, 2010 • Global Energy Inc • Industrial organic chemicals
Between 1. Mr. Ori Ackerman, ID no. 57308785 From the community of Rakefet 2. Intarpina Ltd., 510946221 POB 386, Kfar Saba 3. Amnon Dardik 14 Abba Hillel Street, Ramat-Gan (jointly and severally called the "Broker") And Between Global Energy Inc. Through Global Fuel Israel Ltd., Co. No. 513975409 By its authorized representatives Asi Shalgi and Yuval Ganot 35 Shaul Hamelech Street, America House, Tel Aviv (the "Company") Whereas The Broker and/or some of its individuals connected the investor Yuval Ganot to invest in the Company and due to the aforesaid it is entitled to a brokerage commission as detailed in the brokerage agreement dated 12.5.2009 (the "Brokerage Agreement"); Whereas The Company approached the Broker in request to reduce the brokerage payments and the broker consented, so long as the Company fulfills what said under this settlement agreement; and Whereas The parties wish to settle the payment of the brokerage payments to the broker;
