Exhibit 10.127 Agreement To Exchange $0.9 Million Secured Notes Into Senior Preferred Stock of Penn Octane Corporation (the "Exchange") Issuer: Penn Octane Corporation ("POCC") Purchaser: Castle Energy Corporation (CEC), currently a holder of $1.0...Agreement to Exchange Secured Notes Into Senior Preferred Stock • May 17th, 1999 • Castle Energy Corp • Crude petroleum & natural gas
Purchaser: Castle Energy Corporation (CEC), currently a holder of $1.0 Million Secured Notes of POCC (the "Notes") pursuant to a Rollover and Assignment Agreement dated December 1, 1998.
