0001085037-07-000974 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 2nd, 2007 • Global Energy Inc • Services-business services, nec

THIS AGREEMENT is made this 30th day of April, 2007 by and between Global Energy Inc., a company incorporated under the laws of the State of Nevada, U.S.A., with an address at Suite 520 – 1122 Mainland Street, Vancouver, British Columbia (the "Company") and Asi Shalgi, an individual residing at , 72 Atzmaut St, Hertzliya 46381 Israel (the "Executive").

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Contract
Private Placement Subscription Agreement • May 2nd, 2007 • Global Energy Inc • Services-business services, nec • Nevada

THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (“SUBSCRIPTION AGREEMENT”) RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

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