TERMINATION OF JOINT VENTURE AGREEMENTTermination of Joint Venture Agreement • November 8th, 2011 • Global Earth Energy, Inc. • Services-management consulting services
WHEREAS, on January 10, 2011, LIFECYCLE INVESTMENTS, L.L.C., an Illinois limited liability company (“LCI”) and GLOBAL EARTH ENERGY INC., a Nevada corporation (“GLER”) executed that certain Joint Venture Agreement (the “Joint Venture Agreement”) with respect to the recapitalization of life settlements relating to certain life settlements owned by LifeCycle and lien holder First Chicago Bank and Trust, and the split of proceeds from the death benefits between the parties; and
