AGREEMENT FOR THE PURCHASE OF ALL OF THE CAPITAL STOCK OF MOODY CONSTRUCTION & SONS, INC.Agreement • February 22nd, 2011 • GeoBio Energy, Inc. • Industrial organic chemicals
THIS AGREEMENT FOR THE PURCHASE OF ALL OF THE CAPITAL STOCK OF MOODY CONSTRUCTION, INC. (the “Agreement") is made this 3rd day of February 2011 (the "Effective Date"), by and between Douglas W. Moody ("Seller") both as sole proprietor of, and doing business as, Moody Construction & Sons, and as sole shareholder of Moody Construction & Sons, Inc. a Colorado corporation ("Moody Construction & Sons, Inc." or the "Company") and GeoBio Energy. Inc., a publicly traded Colorado corporation ("GeoBio" or the “Purchaser"). The parties acknowledge that previously Seller was a sole proprietorship hut as of January 1, 2011 all assets of the business of Moody Construction & Sons, a sole proprietorship, were contributed to Moody Construction & Sons, Inc. and Seller will sell all (100%) of the issued and outstanding Capital Stock (defined below) of Moody Construction & Sons, Inc. to Purchaser. Hereinafter, GeoBio and Seller may be referred to individually as the "Party" or collectively as the "Parties
