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LAND LEASE AGREEMENT MADE BETWEEN SOUTHERN NATIONS NATIONALITIES PEOPLE'S REGIONAL STATE, GAMO GOFA ZONE, AND GLOBAL ENERGY ETHIOPIA PLC

Lease Agreement

LAND LEASE AGREEMENT MADE BETWEEN SOUTHERN NATIONS NATIONALITIES PEOPLE'S REGIONAL STATE, GAMO GOFA ZONE, AND GLOBAL ENERGY ETHIOPIA PLC | Document Parties: GLOBAL ENERGY INC | GLOBAL ENERGY ETHIOPIA PLC | Global Energy Ethiopia, Private Limited Company You are currently viewing:
This Lease Agreement involves

GLOBAL ENERGY INC | GLOBAL ENERGY ETHIOPIA PLC | Global Energy Ethiopia, Private Limited Company

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Title: LAND LEASE AGREEMENT MADE BETWEEN SOUTHERN NATIONS NATIONALITIES PEOPLE'S REGIONAL STATE, GAMO GOFA ZONE, AND GLOBAL ENERGY ETHIOPIA PLC
Date: 10/12/2007

LAND LEASE AGREEMENT MADE BETWEEN SOUTHERN NATIONS NATIONALITIES PEOPLE'S REGIONAL STATE, GAMO GOFA ZONE, AND GLOBAL ENERGY ETHIOPIA PLC, Parties: global energy inc , global energy ethiopia plc , global energy ethiopia  private limited company
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LAND LEASE AGREEMENT MADE BETWEEN SOUTHERN
NATIONS NATIONALITIES PEOPLE'S REGIONAL STATE, GAMO
GOFA ZONE, AND GLOBAL ENERGY ETHIOPIA PLC

Whereas , the Southern Nations Nationalities People's Regional State (“SNNPRS”), Address: _________, Tel: __________, Fax: __________, P.O. Box: ____, (hereafter called the LESSOR) has granted its consent and approval to the request made by Global Energy Ethiopia, Private Limited Company, Address: Addis Ababa, at Kirkos Sub-City, Kebele 02, House N o 171, Tel: _____________(hereafter called "The LESSEE”) to 15 hectares of Rural Land situated in the Southern Nations Nationalities People's Regional State, Gamu Gofa Zone, Kucha Woreda, (hereinafter Leased Land) described as follows:

15 hectares of Rural Land located in Gamu Gofa Zone, Kucha Woreda, Peasant Association _______in a certain locality named ________ (as shown in the attached map which is an integral part of this Agreement) whose topography and physical characteristics are suitable for building and further operation of an Oil Mill and Cake Extraction Factory as well as for the erection of residential, warehousing and administrative facilities;

Whereas, the Lessor represents and warrants that it is empowered by the Southern Nations, Nationalities and People's Regional State Investment Administration Proclamation No. 81/96, Article 18/21;

Whereas, the Lessee requires the Leased Land for purposes of building an oil mill factory for the processing of the castor, jatropha and other oil seeds.

 

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