0001185185-11-000775 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • May 23rd, 2011 • Global Entertainment Holdings, Inc. • Services-motion picture & video tape production • New York

This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of March 14, 2011, by and between GLOBAL ENTERTAINMENT HOLDINGS, INC., a Nevada corporation, with headquarters located at 2375 E. Tropicana Avenue - Suite 8-259, Las Vegas, Nevada 89119 (the “Company”), and ASHER ENTERPRISES, INC., a Delaware corporation, with its address at 1 Linden Place, Suite 207, Great Neck, NY 11021 (the “Buyer”).

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OPTION AGREEMENT
Option Agreement • May 23rd, 2011 • Global Entertainment Holdings, Inc. • Services-motion picture & video tape production

The undersigned and Purchaser have entered into an Option Purchase Agreement dated as of May 11, 2011, relating to the transfer and assignment of the foregoing rights in and to said work, which rights are more fully described in said agreement, including without limitation, the Reserved Rights described therein, and this option agreement is expressly made subject to all of the terms, conditions and provisions contained in said agreement.

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