Document:

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                                                                   Exhibit 10.21

                             DISTRIBUTION AGREEMENT

         This Distribution Agreement (this "Agreement") is made on the 30th day
of January, 2004, by and between Global Energy Group, Inc. ("Global Energy") a
Delaware Corporation having its principal place of business at 2346 Success
Drive, Odessa, FL 33556 and Global Energy Distribution Group, L.L.C., an
Oklahoma Limited Liability Company, whose principal address is 1425 East 71St,
Tulsa, OK 74136 ("Distributor"). This agreement will become effective only upon
its approval by the Board of Directors of Global Energy. Distributor may void
this agreement if it is not approved by the Board within thirty (30) days after
the date shown above. Reference is made to that certain Agreement for
Distribution of Global Energy Products dated on or about September 26, 2003 (the
"Prior Agreement"). This Agreement supersedes and replaces the Prior Agreement,
effective as of the original date of the Prior Agreement. The Prior Agreement is
hereby terminated and of no further force or effect.

         Global Energy has developed new technologies that improve the energy
efficiency of existing products and processes with a focus on thermodynamics,
heat transfer and heat exchange, which are important to the heating,
ventilation, air conditioning, and refrigeration ("HVACR") industries (the
"Technology") exhibiting performance in a wide variety of energy-storage
applications and markets, including those described below. The Technology is now
employed by Global Energy in the design and manufacture of the applications
described below. The term "Products" as used in this agreement means all
products manufactured by Global Energy using the Technology. To date, Global
Energy has completed development of four products with the two principle
products being the EER(+)Plus and Inventor Series 1400 units. The EER(+)Plus is
a retrofit unit, designed to be added to existing air conditioning units to
boost their performance very cost effectively. The Inventor Series 1400 is a
complete unitary packaged air conditioning unit, with Global Energy's patented
technologies incorporated into it. Both of these products utilize generally
wasted condensate water and exhaust air, produced by all standard air
conditioning systems, to provide increased capacity and to reduce power
consumption. This produces improvements in energy efficiency of at least 25%,
compared to typical other new equipment. This efficiency improvement reduces
energy consumption for air conditioning while maintaining the same cooling
level. In May 2002, a sample Inventor Series 1400 unit was certified by the Air
Conditioning and Refrigeration Institute ("ART'), the independent industry group
which certifies the energy efficiency ratings of air conditioning units. Global
Energy's 7.5-ton unit was rated 13.5 EER. Current plans call for Global Energy
to offer both the EER+ product and the Inventor Series 1400 units in several
cooling sizes.

The parties wish to jointly develop the Products, and believe that Distributor's
relationships with potential purchasers of the Products and with sources of
capital to support the manufacture and distribution of the Products will
contribute to rapid growth of sales of the Products to the benefit of both
parties.

Therefore the parties agree to the following:

         1.       Distribution Rights: Subject to any rights previously granted
to third parties and scheduled on Exhibit A, Global Energy grants to Distributor
an exclusive, worldwide right to distribute the Products.

Distribution Agreement
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         Reference is made to the License Agreement of even date herewith
between the parties (the "License Agreement"). The License Agreement shall not
be or become effective, and Distributor shall have no rights thereunder, except
during any period during which Distributor is exercising its rights under
Section 11 or Section 17 of this Agreement, to manufacture Products or have them
manufactured exclusively for Distributor by a third party.

         2.       Term. The term of this Agreement shall be one year, subject to
automatic renewal at the end of each one-year term for successive additional
one-year terms if Distributor's sales of Products during the then preceding year
have aggregated at least $50,000. Notwithstanding the foregoing, at such time as
Global Energy Acquisition Group, L.L.C. ("GEAG"), an Oklahoma limited liability
company, shall have entered into the Funding Agreement (as described below) with
Global Energy and GEAG's investment in Global Energy (including loans to and
purchases of capital stock from Global Energy) shall be at least $500,000, the
initial term of this Agreement shall be automatically extended to five years,
which will automatically renew for an unlimited number of additional five-year
terms so long as Distributor continues to exercise all commercially reasonable
efforts to distribute the Products. If Distributor fails to exercise all
commercially reasonable efforts to market and distribute the Products, Global
Energy may terminate the exclusivity provisions of this Agreement by giving
six-months written notice of termination of exclusivity. This agreement will
terminate six months after such notice is given unless Distributor undertakes
all commercially reasonable efforts to market and distribute the Products within
the six-month period. Provided, however, Global Energy cannot terminate this
agreement on the basis of Distributor's failure to exercise all commercially
reasonable efforts to market and distribute the Products if conduct by Global
Energy that is inconsistent with the intent of this agreement contributes to
Distributor's failure to exercise all commercially reasonable efforts in any
material way. If Distributor's sales of Products exceeds 75% of the Sales Goal
of each year during the term of this Agreement, it will be presumed that
Distributor is using all commercially reasonable efforts to distribute the
Products. Distributor may terminate this Agreement by providing six (6) months
prior written notice to Global Energy.

         For the purposes of this Agreement, "Funding Agreement" shall mean an
agreement between Global Energy and GEAG that requires GEAG to purchase from
Global Energy shares of Global Energy's capital stock for at least $2,500,000 in
the aggregate. Notwithstanding anything herein to the contrary, unless and until
such time as (i) Global Energyy and GEAG shall have entered into the Funding
Agreement, and (ii) GEAG shall have purchased at least $500,000 in Global
Energy's capital stock as contemplated by the Funding Agreement, this Agreement
and all rights of Distributor hereunder shall be and remain nonexclusive. If,
after the Funding Agreement becomes effective, GEAG fails to make any investment
required to be made by it under or pursuant to the Funding Agreement, this
Agreement and all rights of Distributor hereunder shall become and thereafter
remain nonexclusive. During any period of time during which the rights of
Distributor hereunder shall be nonexclusive, Global Energy shall then be
permitted to engage other distributors and otherwise arrange for sales of its
products and other products incorporating its intellectual property, under terms
similar to or different from those under this Agreement and in the same or
different territories.

         3.       Territory: This territory in which Distributor has the right
to market and sell the Products is worldwide.

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         4.       Products: Distributor's distribution rights include all
Products currently in production and all Products developed or manufactured by
Global Energy in the future. Global Energy and Distributor will cooperate in
assessing demand and performance requirements for each of Products. Global
Energy will, upon the reasonable request of Distributor, use commercially
reasonable efforts to design and manufacture Products that satisfy such demand
and performance requirements; provided, however, Global Energy will have no
obligation under this sentence until Global Energy and distributor have agreed
on the allocation and payment of the cost of design, testing, retooling, etc. to
be incurred in complying with Distributor's request. If Global Energy is
unwilling or unable to undertake the design of a new Product or redesign of an
existing Product, Distributor can engage a third party to undertake the task. In
that event, Global Energy will have the first opportunity to manufacture the
newly designed or redesigned Product, but, if Global Energy declines that
opportunity, Distributor can engage a third party to manufacture the Product.

         5.       Market Research: Distributor and Global Energy will cooperate
in researching markets proposed to be served by Distributor for the purpose of
identifying pricing, performance and other product parameters necessary to
establish sales projections and production priorities for the markets and each
will share such data with the other on a prompt and regular basis; provided that
Distributor will pay expenses involved in such research to the extent they are
owed to third parties. Distributor and Global Energy each agree to communicate
its market research and sales projections information to the other on a schedule
mutually agreed for the purpose of coordinating Global Energy production
capability and priorities and Distributor's sales commitments.

         6.       Product Certifications: Distributor and Global Energy will
cooperate and coordinate efforts to obtain, at Global Energy's expense,
certifications for the Products which Distributor in its discretion determines
to be necessary or desirable to support Distributor's sale of the Products.

         7.       Production Planning: Distributor acknowledges that it
understands Global Energy's current production capabilities, as well as the
considerable capital cost of expanding its production capabilities to satisfy
increases in sales of the Products. Accordingly, as soon as practicable and in
any case within thirty (30) days after this agreement becomes effective,
Distributor and Global Energy will agree upon projections of anticipated sales
of the Products in the markets for the initial five-year term of this Agreement
(as they may be adjusted by agreement of the parties from time to time, the
"Sales Goals"). The parties will meet quarterly to discuss the Sales Goals, and
based on those discussions, will revise the Sales Goals for the remainder of
each five-year term of this Agreement to reflect reasonably achievable goals for
each market. At least eighteen months prior to the end of each five-year term of
this Agreement, the parties will establish initial Sales Goals for the next
succeeding five-year term of this Agreement.

         Global Energy agrees to use commercially reasonable efforts to complete
capital improvements to its production facilities during each year of the term
of the Agreement which are adequate to support the manufacture of the volume of
Products required to meet the Sales Goals.

Distribution Agreement
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         8.       Distributor Assistance: Distributor agrees to assist Global
Energy in accomplishing timely expansion of its production capability to meet
the demand for Global Energy's Products required by this Agreement by working
with Global Energy to develop sales and manufacturing plans to support Global
Energy's expansion of production capability for the Products, by introducing
Global Energy to sources of capital known to Distributor and, if Distributor
develops or acquires any independent capabilities to manufacture the Products,
making available any excess production capability of such facility beyond that
required for the manufacture of Products for sale to the markets for the
manufacture of products for other markets served by Global Energy. Subject to
the confidentiality provisions of this agreement, Global Energy agrees to
support such Distributor efforts with detailed technical and cost information
relating to all matters required to increase expeditiously production capability
for the Products.

         9.       Global Energy Assistance: Global Energy, at its sole expense,
will provide a reasonable number of products required for customer
qualifications and usage specifications and industry certifications in the
markets. Global Energy will provide Distributor with technical, marketing, sales
and field support as reasonably necessary to assure that the Products are
performing for users within their specifications established by Global Energy
and to maintain customer satisfaction with the Products. The products and
support required under this section will be provided as promptly as practicable
by Global Energy.

         10.      Distributor's Duties: In addition to the foregoing, with
respect to each target market Distributor also agrees to:

                  a.       Organize, train and maintain a competent sales force
         that is consistent with the Sales Goals and the volume of Products made
         available to Distributor by Global Energy.

                  b.       Provide finished-goods inventory warehousing,
         distribution services, credit extension, billing and other facilities
         and services as may be required to support sales of the Products in
         each of the markets in a manner that is consistent with the Sales
         Goals, the volume of Products made available to Distributor by Global
         Energy, and reasonable commercial practices.

                  c.       Comply in a commercially reasonable manner with legal
         requirements pertaining to the conduct of its business and refrain from
         illegal, deceptive, misleading or unethical acts and practices, in each
         case to the extent that failure to do so would have a material adverse
         effect upon sale of the Products or the business reputation of Global
         Energy or the Products.

                  d.       Provide weekly report to Global Energy regarding
         potential and actual sales activity, including Product models,
         quantities, and expected order date.

         11.      Orders: Global Energy will exert all commercially reasonable
efforts to supply Products to Distributor in the quantities ordered by
Distributor in accordance with this agreement. To the extent it can do so
without defaulting on earlier delivery commitments to third parties, Global
Energy will give priority to Distributor's orders. In any event, as long as

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Distributor is current in its payments to Global Energy, Global Energy will not
fill any order placed by a third party while a Distributor order is pending if
filling the third-party order would prevent Global Energy from delivering
Products under the Distributor order on time.

         Each time Distributor places an order with Global Energy under this
agreement, Global Energy must promptly determine whether it can fill the order
within a timely fashion, which could be as long as eight weeks but generally
will be more quickly. If Global Energy determines that it cannot, it must then
given written notice of that fact to Distributor within ten business days after
receiving the order. The notice must state the extent to which Global Energy is
unable to fill the order and must specify the reasons for that inability. To the
extent Global Energy's inability to perform is caused by a lack of production
capacity (as distinguished from a bona-fide shortage of materials, energy, or
labor), it will be regarded as a "capacity shortage".

         If the total of all capacity shortages that occur in any one calendar
quarter exceeds 10% of the total of all Products ordered by Distributor under
this agreement during such quarter (based on aggregate dollar amount) (a "Major
Shortage"), then Distributor will be authorized, under the License Agreement, to
manufacture Products or have them manufactured exclusively for Distributor by a
third party to meet all or any part of Distributor's requirements for Products.

         Global Energy's obligation to accept and deliver orders for Products is
conditioned upon Distributor's adherence to such reasonable and customary credit
and payment terms and conditions as Global Energy and Distributor may agree upon
from time to time.

         Global Energy agrees to provide semi-monthly reports to Distributor of
its progress in completing each order for Products and any developments which
would adversely affect its ability to accept or timely fill Distributor's
orders. Global Energy and Distributor will cooperate in developing an online
"supply chain management system" that will allow Distributor and Distributor's
customers to monitor Global Energy's manufacturing and inventory status with
respect to all orders for Products by Distributor.

         12.      Minimum Orders: The parties agree to establish a Basic
Ordering Agreement (a "BOA") relating to Distributor's purchase of Products for
each year during the term of this Agreement. Accordingly, simultaneously with
the effectiveness of this Agreement, the parties are entering into a BOA (the
"Initial BOA"). Distributor and Global Energy will cooperate in establishing a
revised BOA for each year during the term of this Agreement at least 90 days
prior to the anniversary date of this Agreement which will be applicable to the
next succeeding year. Each subsequent BOA will be in substantially the same form
of the Initial BOA, except to the extent that the parties specifically agree
otherwise.

         13.      Product Prices: The price to Distributor of each Product line
will be determined from time to time by a BOA. The initial agreed prices are set
forth in the Initial BOA.

         14.      Payment: Distributor will pay Global Energy for Products in
accordance with the BOA that applies to the Products purchased.

         15.      Shipment: Products will be shipped FOB the manufacturing plant
loading dock to destinations designated by Distributor. The Products will be
prepared for shipment at Global

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Energy's expense in accordance with good commercial practice. Risk of loss or
damage during transfer, use, handling, storage or disposal of Products will pass
to Distributor once Global Energy releases the Products to a shipper designated
by Distributor.

         16.      Product Alterations: Distributor and Global Energy will
cooperate in establishing packaging and labeling for the Products. Distributor
agrees not to repackage or otherwise alter or modify the packaging or labeling
of the Products without prior notice to and written consent of Global Energy,
which will not be unreasonably delayed or withheld. It is an objective of the
parties to sell the Products for use or sale by mass merchandisers, common
carriers, manufacturers of products using the Products and others who may
request that the packaging and labeling of the Products be modified to meet
their more distinctive brand names for the Products ("Private Labeling"). Global
Energy agrees to implement such Private Labeling requirements as Distributor and
Global Energy agree upon from time to time, provided Global Energy is given
reasonable prior notice and specifications for the Private Labeling. Private
Labeling will be implemented at no additional cost to Distributor provided such
Private Labeling does not produce material additional costs to Global Energy; if
Global Energy determines at the time of any request for Private Labeling that
material additional costs will be incurred, it will promptly notify Distributor.
Global Energy and Distributor will then cooperate in establishing an equitable
basis for sharing such additional costs or passing them on to the customer.

         17.      Alternative Source Products: If Global Energy refuses, becomes
unable, or persistently fails:

                  a.       to exert commercially reasonable efforts to supply
         Products to Distributor in quantities ordered by Distributor in
         accordance with this agreement;

                  b.       to exert commercially reasonable efforts to deliver
         Products to Distributor in quantities ordered by Distributor in
         accordance with applicable Sales Goals and BOA's; or

                  c.       to exert commercially reasonable efforts to minimize
         its cost of goods sold consistent with producing Products that meet the
         quality standards of both Global Energy and Distributor,

then, Distributor may notify Global Energy of Distributor's intent to obtain an
alternate source of Products. Such notice must specify the refusal, inability,
or failures upon which it is based. If Global Energy then fails or refuses to
fully cure each specified refusal, inability, or failure within thirty (30) days
after the date of such notice, Distributor will then be entitled, in addition to
its other rights under this agreement, to exercise the right under the License
Agreement to manufacture Products or have them manufactured exclusively for
Distributor by a third party.

         18.      Intellectual Property: Global Energy grants to Distributor for
the term of this Agreement a non-exclusive, worldwide, royalty-free right and
license to use and reproduce the trademarks, trade names and service marks owned
by Global Energy and associated with the Products within the markets (the
"Licensed Marks") and to copy, reproduce and use copyrighted material furnished
by Global Energy to Distributor ("Copyrighted Material"); provided that the same
are used only in connection with the marketing, distribution, sale and service
of Products.

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Use of the Licensed Marks is strictly conditioned upon Distributor's use of the
Licensed Marks in accordance with the terms and conditions of this Agreement.
Distributor may market Products under one or more trade names selected by it
pursuant to the private labeling terms set forth in Section 16 and provided that
Global Energy consents to such name, which consent will not be unreasonably
withheld or delayed.

         Any modifications or improvements made to the Products or the Licensed
Marks by or at the request of Distributor, including any patentable inventions
or other intellectual property enhancements, shall become the property of Global
Energy.

         19.      [Intentionally Omitted].

         20.      Representations and Warranties:

                  a.       Global Energy represents and warrants to Distributor
         that, except as Distributor is otherwise advised in writing: (i) the
         Products do and will conform with all warranties and performance and
         testing data provided by Global Energy to Distributor prior to or after
         the date of this Agreement, whether such testing data is developed by
         Global Energy or third parties; (ii) the Products sold to Distributor,
         the Licensed Marks and the Copyrighted Material do not and will not
         infringe upon any copyrights, trademarks, patents or any other rights
         of any person; (iii) Global Energy has all requisite corporate power
         and authority to enter into and perform its obligations under this
         Agreement, including its exhibits, each of which has been duly
         authorized, validly executed and delivered and constitutes a binding
         and enforceable obligation of Global Energy; (iv) the execution,
         delivery and performance of this Agreement by Global Energy does not
         violate or conflict with any applicable law, rule, regulation, or any
         order or judgment to which Global Energy is a party or by which it is
         bound; (v) Global Energy is in compliance with all laws, rules,
         regulations and ordinances of any governmental authority which are
         applicable to the manufacture, storage and sale of the Products.

                  b.       Distributor represents and warrants to Global Energy
         that: (i) Distributor has all requisite corporate power and authority
         to enter into and perform its obligations under this Agreement,
         including its exhibits, each of which has been duly authorized, validly
         executed and delivered and constitutes a binding and enforceable
         obligation of Distributor; (ii) the execution, delivery and performance
         of this Agreement by Distributor does not violate or conflict with any
         applicable law, rule, regulation, or any order, judgment or agreement
         to which Distributor is a party or by which it is bound; (iii)
         Distributor is in compliance with all laws, rules, regulations and
         ordinances of any governmental authority which are applicable to the
         purchase, storage and sale of the Products; and (iv) Distributor will
         not falsely represent the performance capabilities of the Products as
         documented by Global Energy.

         21.      Product Warranties:

                  a.       Global Energy agrees that it is solely responsible
         for warranty claims made with respect to the Products which are within
         the terms of its standard product warranties as may be in effect from
         time to time pursuant to the terms of this Agreement

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         ("Warranty Claims"). Global Energy agrees to indemnify and hold
         harmless Distributor from all Warranty Claims. Distributor agrees that
         it will not make any warranties concerning the Products other than
         those authorized by Global Energy in its standard product warranty.

                  b.       The parties will within ninety (90) days of the date
         of this Agreement agree upon the terms of a warranty plan for dealing
         with Warranty Claims which will provide Distributor and its customers
         with reasonable procedures for submitting and being reimbursed for
         Warranty Claims.

                  c.       Global Energy has provided Distributor copies of its
         current standard product warranties applicable to the Products subject
         to this Agreement. Global Energy may modify the terms of its standard
         product warranties from time to time by providing not less than 90 days
         prior written notice to Distributor of such modifications, provided
         that such standard product warranties remain competitive with the terms
         and coverages of product warranties offered by manufacturers of
         products that compete with the Products. Global Energy and Distributor
         will cooperate in establishing specifications, recommended uses and
         standard product warranties for individual lines of Products as new or
         special uses of the Products are identified by the Distributor and its
         customers, and Global Energy agrees to provide to Distributor for
         delivery to its customers standard warranties reflecting such
         additional specifications and recommended usages on a reasonably prompt
         and responsive basis. To the extent that one or more material customers
         of Distributor request special or modified warranty terms, Global
         Energy will cooperate with Distributor in commercially reasonable
         efforts to satisfy such customer(s) as to such requests.

         22.      Nature of Relationship: Distributor and Global Energy agree
that their relationship is one of independent contractors and that neither has
any authority to obligate the other party in connection with any order,
contract, sales agreement or credit agreement or otherwise, and Distributor will
not make any warranties concerning the Products except those provided by Global
Energy and shall not otherwise act or be considered as an employee or agent of
Global Energy. On the other hand, the relationship intended to be created by
this agreement demands high standards of commercial reasonableness, candor, and
good faith. When any circumstance arises under which this agreement requires,
contemplates, or implies the need for the consent or agreement of a party, that
consent or agreement will not be unreasonably withheld or delayed. When any
circumstance arises under which this agreement requires, contemplates, or
implies the need for the parties to reach agreement on issues where their
interests or opinions diverge, the parties will negotiate continuously,
candidly, and in good faith until an agreement based on principles of commercial
reasonableness is reached.

         23.      Books and Records: Distributor will provide Global Energy with
monthly reports of its sales and inventory within thirty (30) days after the end
of each month with respect to Products for which Distributor holds exclusive
marketing rights.

         24.      Exports: The parties hereto are subject to United States laws
and regulations controlling exports, and any exports hereunder must comply with
any applicable United States export laws and regulations. Export of commodities
to certain foreign countries may also require

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a license or permission from relevant United States agencies. Distributor agrees
that it will not engage in exports without obtaining all necessary and
applicable Governmental approvals and then only in compliance with all
applicable laws.

         25.      Assignment: Distributor may not assign this agreement or any
of its rights or obligations hereunder without the prior written consent of
Global Energy, which consent will not be unreasonably withheld.

         26.      Confidentiality: Each party agrees to protect information
identified by either party as confidential in accordance with any
Confidentiality Agreement entered into between the parties.

         27.      Opportunity to Cure Defaults. Upon any breach of or default
under this Agreement by any party, no action shall be taken with respect thereto
against the breaching or defaulting party unless and until such breach or
default remains uncured thirty (30) days after written notice thereof to the
party in breach or default.

         IN WITNESS WHEREOF the parties have executed this Agreement as of the
date first above written.

Global Energy Group, Inc.               Global Energy Distribution Group, L.L.C.

By: _______________________             By: ____________________________________
Name: _____________________             Name: __________________________________
Title: ____________________             Title: _________________________________

Date: _____________________             Date: __________________________________

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                       EXHIBIT A TO DISTRIBUTION AGREEMENT

Distribution Agreement
Page 10<PAGE>
                                                                   Exhibit 10.22

                                LICENSE AGREEMENT

          This License Agreement is made on the 30th day of January, 2004, by
Global Energy Group, Inc. a Delaware Corporation, whose principal place of
business is 2346 Success Drive, Odessa, FL 33556 ("Licensor") and Global Energy
Distribution Group, L.L.C. an Oklahoma Limited Liability Company, whose
principal address is 1425 East 71st, Tulsa, OK 74136 ("Licensee"). Reference is
made to that certain License Agreement dated on or about September 26, 2003 (the
"Prior Agreement"). This Agreement supersedes and replaces the Prior Agreement,
effective as of the original date of the Prior Agreement. The Prior Agreement is
hereby terminated and of no further force or effect.

         Licensor desires to conditionally license to Licensee and Licensee
desires to conditionally license from Licensor certain intellectual property
owned by Licensor (whether acquired or developed internally, and whether
previously or in the future) in accordance with this agreement and in accordance
with the Distribution Agreement executed by Licensor and Licensee
contemporaneously with this agreement ("Distribution Agreement").

         Therefore, the parties agree as follows:

                         ARTICLE I DEFINITION OF TERMS

         The following definitions apply in this agreement:

         1.1      "LICENSED PRODUCT" means any product or component thereof
manufactured as contemplated by this agreement and incorporating any
intellectual property owned by Licensor (whether acquired or developed
internally, and whether previously or in the future), including but not limited
to the intellectual property embodied within the Licensed Patents and/or
Licensed Technology:

                  1.1.1    Global currently holds the exclusive rights to seven
         U.S. patents and seven patent-pending applications pursuant to a series
         of agreements with the inventors of the underlying technologies. Under
         the terms of these agreements, Licensee has the exclusive right to
         pursue commercial development of the patented technologies. A brief
         summary of each patent follows:

                  USP# 4,599,870 (RECENTLY EXPIRED)

                  A refrigeration heat recovery system for producing usable hot
                  water from a refrigeration system's waste heat, using a
                  natural force to provide water flow through the heat exchanger
                  (thermosyphon effect) rather than using a pump.

                  USP# 5,970,728

                  Utilization of multiple staged common circuit compressors to
                  provide for higher heat output from a heat pump at low outside
                  ambient conditions. Heat output is maintained, or even
                  increased, as outside temperatures fall.

                  USP# 6,070,423

                  A system to provide first, liquid refrigerant subcooling by
                  means of evaporative cooling utilizing the condensate water,
                  and second, a system for providing hot gas

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                  discharge refrigerant precooling by means of evaporative
                  cooling. Both combining to give greater capacity without
                  requiring an increase in input power, and even possibly
                  decreasing the required input power.

                  USP# 6,116,048

                  An evaporator design that provides counterflow temperature
                  conditions to the direction of air flow by sectionalizing the
                  various temperature gradients found in evaporators and
                  arranging the sections to provide a temperature gradient that
                  places the warmest section in front of colder and subsequently
                  colder sections. Provides for optimized heat exchange as well
                  as improved dehumidification.

                  USP# 6,167,715 B1

                  A direct refrigerant to ground (geothermal) heat exchange
                  system for subcooling and desuperheating (or postheating in
                  the heat mode of a heat pump) the refrigerant of an air-cooled
                  air conditioner, refrigeration system or heat pump. No
                  secondary fluid or pumping system required. Provides near full
                  geothermal system efficiency.

                  USP# 6,237,359 B1

                  Provides liquid refrigerant subcooling by utilizing the cold
                  harvest water and/or meltwater discharging from the ice
                  machine to increase ice production capacity of the ice
                  machine.

                  USP# 6,000,170 (RELEASED BACK TO INVENTOR)

                  A system consisting of multiple parallel reflectively coated
                  tubes whose inflation is controlled by a controller that
                  provides for controlled shading in a greenhouse system during
                  times of high solar loading of the greenhouse, and provides
                  for minimized heat loss at night, especially in cold climates.

                  USP# 6,442,903 B1

                  The structural construction methodology for a greenhouse
                  inflatable insulative covering to be used to reduce heat
                  losses and overheating of greenhouses.

                  USP# 6,460,358 B1

                  A heat exchanger that reduces an evaporator's flash gas loss
                  region and reduces the superheat region, allowing for improved
                  heat exchange by the evaporator itself, thereby allowing for
                  increased refrigeration mass flow and therefore increased
                  system refrigeration capacity.

         1.2      "LICENSED PATENTS" means all U.S. and foreign patents owned by
Licensor that are necessary to or useful in the manufacture of Licensed
Products, including without limitation those described in Section 1.1.1 of this
License Agreement.

         1.3      "LICENSED TECHNOLOGY" means all technology, technical
information, trade secrets, know-how, ideas, and other intellectual property now
owned or hereafter acquired by Licensor and necessary to or useful in the
manufacture of Licensed Products. The term Licensed Technology includes all of
Licensor's right, title, and interest in all' future rights that Licensor

                                      -2-
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may acquire from any other person that are necessary to or useful in the
manufacture of the Licensed Products.

         1.4      "LICENSED MARKS" means all trademarks, trade names, and
service marks owned by Licensor and associated with the Licensed Products.

         1.5      "AFFILIATE," when used in reference to a party, means any
person, firm, corporation, or other entity that (i) directly, indirectly,
partially, or wholly owns or controls the party; (ii) is directly, indirectly,
partially, or wholly owned or controlled by the party; (iii) is directly,
indirectly, partially, or wholly under common control with the party; (iv) is in
a specially favored relationship or course of dealing with the party; (v) is an
agent, employee, partner, or joint venturer of the party; or (vi) has a
fiduciary or other special relationship with the party; provided, however, that,
for the purposes of this Agreement, Licensor and Licensee shall be deemed not to
be Affiliates of each other.

                           ARTICLE II LICENSE GRANTS

         2.1      LICENSE. Licensor grants to Licensee a worldwide license to
use the Licensed Patents, the Licensed Technology, and the Licensed Marks in
connection with Licensee's production, service, and sale of Licensed Products.
Licensor further authorizes Licensee to copy, reproduce and use copyrighted
material furnished by Licensor to Licensee ("Copyrighted Material"). However,
Licensee's use of the Licensed Patents, the Licensed Technology, the Licensed
Marks, and the Copyrighted Material is strictly limited to uses that conform to
this Agreement, and the Licensee's sales of Licensed Products will be strictly
in accordance with the Distribution Agreement.

         2.2      EXCLUSIVITY. This agreement does not in any way affect
Licensor's own right to use the Licensed Patents, the Licensed Technology, the
Licensed Marks, and the Copyrighted Material. With that exception, the license
is exclusive.

         2.3      DURATION. This agreement and the license it grants will become
and remain effective, if at all, only while the Distribution Agreement is in
effect, and then only if and during such periods as provided in the Distribution
Agreement. If this agreement becomes effective, the license will be perpetual
but subject to termination under this agreement.

                  2.3.1    The license will terminate as to rights under any
         patent or copyright upon the expiration of that patent or copyright.

                  2.3.2    The license is terminable at Licensor's option if
         Licensee does not pay any royalty owed to Licensor under this agreement
         when it is due and then fails to cure the non-payment within ten days
         after receiving written notice of non-payment from Licensor.

                  2.3.3    Licensee may terminate this agreement in its entirety
         by giving written notice of termination to Licensor at least 90 days
         before the intended termination date and paying Licensor all royalties
         owed to Licensor through such date. Notice of termination given by
         Licensee will be binding on all affiliates and sublicensees of
         Licensee.

                                      -3-
<PAGE>

                  2.3.4    Notwithstanding anything herein to the contrary,
         unless and until such time as (i) Global Energy and Global Energy
         Acquisition Group, L.L.C., an Oklahoma limited liability company
         ("GEAG") shall have entered into the "Funding Agreement" (as
         contemplated by the Distribution Agreement), and (ii) GEAG shall have
         made purchases of capital stock of Global Energy for at least $500,000
         in the aggregate as contemplated by the Funding Agreement, this
         Agreement and all rights of Licensee hereunder shall be and remain
         nonexclusive. If, after the Funding Agreement becomes effective, GEAG
         fails to make any investment required to be made by it under or
         pursuant to the Funding Agreement, this Agreement and all rights of
         Licensee hereunder shall become and thereafter remain nonexclusive.
         During any period of time during which the rights of Licensee hereunder
         shall be nonexclusive, Global Energy shall then be permitted to license
         all rights licensed hereunder to other licensees and otherwise arrange
         for manufacture and sale of its products and other products
         incorporating its intellectual property, under terms similar to or
         different from those under this Agreement and in the same or different
         territories.

         2.4      LOCATIONS. Licensee may use the Licensed Patents and Licensed
Technology at one or more plant sites (each, a "Licensed Site"). Licensee will
notify Licensor of each Licensed Site promptly after it is selected. If Licensee
terminates operations at a Licensed Site, Licensee will move all records and
equipment incorporating the practice of any of the Licensed Patents or Licensed
Technology to another Licensed Site or will cause all such records and equipment
to be destroyed.

         2.5      COOPERATION AND SUPPORT. Promptly after this agreement takes
effect, Licensor will (a) deliver to Licensee copies of the relevant documents
of Licensor documenting the Licensed Technology and the practice of the Licensed
Technology and the Licensed Patents, and (b) make available to Licensee
Licensor's personnel, both employees and independent contractors, who are
knowledgeable with respect to the manufacture of the Licensed Products and the
use and development of the Licensed Technology ("Support Personnel") to assist
Licensee at the Licensed Sites during the term of this Agreement. The time
required by Licensee under this provision will not exceed one man-month during
any twelve-month period for each of up to five Support Personnel. Licensee will
reimburse Licensor for the direct salary cost of each of the Support Personnel
for the time they are assisting Licensee. Licensor agrees that any of its
personnel whose employment is terminated by Licensor for any reason may be
employed by the Licensee to assist Licensee with its use of the Licensed
Technology and the manufacture of the Licensed Products.

         2.6      LIMITED RIGHT TO SUBLICENSE. The license granted in this
agreement includes a limited right to sublicense the Licensed Patents and the
Licensed Technology to another person for the sole purpose of allowing that
person to produce Licensed Products exclusively for sale by Licensee, and/or to
service or sell Licensed Products exclusively for Licensee. It is a condition
precedent to Licensee's right to grant a sublicense that: (i) Licensor be given
prior written notice identifying the proposed sublicensee; (ii) the sublicense
enter into a written sublicense agreement approved by Licensor, which approval
will not be unreasonably withheld or delayed; and (iii) Licensee guarantee in
writing sublicensee's due and faithful compliance with the sublicense agreement.

                                      -4-
<PAGE>

         2.7      ROYALTY. Licensee shall pay Licensor a quarterly royalty equal
to 10% of total manufacturing costs for Products produced and/or sold under this
Agreement. Licensee agrees to provide to Licensor quarterly reports of such
manufacturing costs. Licensee will afford a certified public accounting firm
designated by Licensor and reasonably acceptable to Licensee the opportunity to
audit such manufacturing costs and the related data and calculations from time
to time. Licensee will pay the cost of each audit in which the auditor
determines that the total royalties required to have been paid for a particular
quarter exceed royalties actually paid (prior to commencement of the audit) for
such quarter by more than 2%.

         2.8      REPRESENTATIONS AND WARRANTIES.

                  2.8.1    Licensor represents and warrants to Licensee that (i)
         the Licensed Technology, the Licensed Marks and the Copyrighted
         Material do not and will not infringe upon any copyrights, trademarks,
         patents or any other rights of any person; (ii) Licensor has all
         requisite corporate power and authority to enter into and perform its
         obligations under this Agreement, including its exhibits, each of which
         has been duly authorized, validly executed and delivered and
         constitutes a binding and enforceable obligation of Licensor, and (iii)
         the execution, delivery and performance of this Agreement by Licensor
         does not violate or conflict with any applicable law, rule, regulation,
         or any order, judgment or agreement to which Licensor is a party or by
         which it is bound.

                  2.8.2    Licensee represents and warrants to Licensor that:
         (i) Licensee has all requisite corporate power and authority to enter
         into and perform its obligations under this Agreement, including its
         exhibits, each of which has been duly authorized, validly executed and
         delivered and constitutes a binding and enforceable obligation of
         Licensee; (ii) the execution, delivery and performance of this
         Agreement by Licensee does not violate or conflict with any applicable
         law, rule regulation, or any order judgment or agreement to which
         Licensee is a party or by which it is bound.

                          ARTICLE III CONFIDENTIALITY

         3.1      TITLE TO LICENSED TECHNOLOGY. The Licensed Technology includes
confidential and proprietary information and trade secrets. The Licensed
Technology and all related documents, drawings, designs, and prototypes that are
disclosed or furnished to Licensee under this agreement will remain the property
of Licensor.

         3.2      NON-DISCLOSURE OF CONFIDENTIAL INFORMATION. Licensee will hold
all Licensed Technology in strict confidence and, except as expressly allowed by
this agreement, will not disclose the existence or content of any Licensed
Technology to any third party. Licensee may disclose Licensed Technology to
Licensee's employees, agents, contractors, and advisers who have first executed
a confidentiality agreement approved as to form by Licensor and then only to the
extent necessary for Licensee to exercise its rights under this ` agreement. If
it becomes necessary for Licensee to disclose any of the Licensed Technology to
a sublicensee, Licensee will first obtain from the sublicensee a duly executed
non-disclosure agreement approved as to form by Licensor. Licensee will assure
compliance with and will indemnify Licensor for breaches of non-disclosure
covenants by Licensee's employees, agents, contractors, advisors,

                                      -5-
<PAGE>

and sublicensees. The confidentiality obligations under this section will not
apply to information that can reasonably be demonstrated:

         (a)      was at the time of disclosure part of the public domain or
                  thereafter becomes part of the public domain through no act or
                  omission in breach of this License Agreement;

         (b)      was lawfully received after disclosure from a third party,
                  provided, however, that such information was not wrongfully
                  obtained by said third party, directly or indirectly, from the
                  disclosing party or a person under a duty of confidentiality
                  to the Licensor;

         (c)      was required to be disclosed pursuant to official governmental
                  process, order or demand.

         3.3      USE OF LICENSED TECHNOLOGY. Licensee and each sublicensee to
whom Licensee discloses Licensed Technology, will use the Licensed Technology
solely for the purposes specified in this agreement.

         3.4      PROTECTION OF CONFIDENTIAL INFORMATION. Licensee will take all
reasonable precautions to protect and preserve the confidentiality of the
Licensed Technology and all related evaluation materials, documents, drawings,
sketches, designs, products, and samples. Such precautions will be at least as
rigorous as those used by Licensee in the protection of its own confidential
information. Licensee further covenants and agrees that it will obtain from each
of its employees given access to Licensed Technology an agreement with respect
to the protection of such proprietary information and trade secrets adequate to
protect the confidentiality thereof and Licensee accepts responsibility for
assuring compliance with such agreement by its employees. Licensee shall be
responsible for assuring compliance by each sublicensee with its obligation to
protect confidential information.

             ARTICLE IV ENFORCEMENT OF INTELLECTUAL PROPERTY RIGHTS

         4.1      NO OBLIGATION TO ACT. Neither Licensee nor Licensor shall have
the obligation under this License Agreement to bring suit for the infringement
of any Licensed Patent or the misappropriation of the Licensed Technology
against third parties. Notwithstanding the foregoing, Licensee agrees to
promptly notify Licensor in the event that it becomes aware of any infringement
or misappropriation of the Licensed Patents or the Licensed Technology, together
with all facts and particulars related thereto of which it has knowledge.

         4.2      PROSECUTION OF ACTIONS. Licensor shall have the right to take
whatever action Licensor in its sole discretion deems appropriate, including
appropriate court action, to terminate the infringement or misappropriation, or
to enter into a settlement agreement with the infringing or misappropriating
party or parties. Such action shall include the defense of any action in which
the validity or infringement of any paten right is placed in issue by a third
party, e.g. by way of a declaratory judgment action, opposition, re-examination
request or nullity suit. Any such action shall be under the sole control of
Licensor, at Licensor's expense, and with counsel of Licensor's choosing. To the
extent that any such infringement or misappropriation bears directly upon the

                                      -6-
<PAGE>

rights granted the Licensee hereunder, the Licensee shall, at its expense, be
entitled to have cocounsel of its choice observe the progress of such action.
Licensee agrees to cooperate fully with Licensor and to provide, at Licensor's
expense, any reasonable assistance that Licensor might require in said action,
including joining with Licensor as a named party in any lawsuit in which
Licensor may become involved in its efforts to terminate the infringement or
misappropriation or confirm the validity of any Licensed Patent. Licensor agrees
that it will not enter into any agreement in settlement of any such action that
would restrict or impair the rights granted the Licensee hereunder or require
any material payment by Licensee to any person in order to exercise such rights
without the consent of the Licensee.

         4.3      DAMAGES. Notwithstanding other provisions of this Agreement,
any damages received by Licensor as a result of action taken under Section 4.2,
or any amounts received by Licensor pursuant to a settlement thereof, including
any royalties received by Licensor under a settlement sublicense, shall belong
to Licensor.

        ARTICLE V RESOLVING CHARGES OF INFRINGEMENT AND MISAPPROPRIATION

         5.1      DEFENSE OF CLAIMS. If a charge of infringement or
misappropriation shall be brought by a third party against either Licensor or
Licensee or both of them alleging that the sale, use, or manufacture of products
under the Licensed Patents or the Licensed Technology infringes the intellectual
property rights of such third party, Licensor shall indemnify, defend and hold
harmless Licensee, and Licensor shall take all necessary actions to resolve the
charge of infringement or misappropriation in such a manner as to avoid
disturbance of Licensee's rights under this Agreement, except to the extent, if
any, as may result from the wrongful act or omission of Licensee and/or its
Affiliates. To the extent that any such claim of infringement or
misappropriation might impair the Licensee's exercise of the license granted
hereunder, Licensor shall give Licensee prompt notice of such claim and the
relevant particulars relating thereto of which Licensor is aware; Licensee shall
also be entitled, at its expense, to have co-counsel of its choice observe the
progress of such action.

         5.2      PATENT APPLICATIONS. Licensor shall have the right to
determine whether a United States or foreign patent application should be filed
with respect to a product or process that is included in the Licensed
Technology. In the event that Licensee believes that it would be desirable to
file a U.S. or foreign patent application with respect to a product or process
that is included in the Licensed Technology, it shall so notify Licensor in
writing including with such notice the form of proposed application to be filed.
Licensor shall have a right of first refusal to prepare, file and prosecute such
patent application. If Licensor declines to exercise such right of first
refusal, then Licensee shall have the right, at its cost and expense, to
prepare, file and prosecute such patent application for the ownership and
account of the Licensor. Upon the issue of any patent as a result of such
action, such patent shall be the sole and exclusive property of Licensor, but
subject to the license granted by Section 2.1 above.

                  5.2.1    Each of Licensor and Licensee shall provide
         reasonable cooperation to the preparation, filing and prosecution of a
         patent application under this Section 5.2 by the other; such
         cooperation shall include access to correspondence with and proposed
         responses to the U.S. Patent Office and any applicable foreign patent
         offices with respect

                                      -7-
<PAGE>

         to the progress of any such application. Such cooperation shall also
         include the execution, without the payment of any compensation
         therefor, of all such applications, instruments and documents as may be
         reasonably requested in order to carry out the purpose and intent of
         this Section 5.2.

                  5.2.2    As the owner of any patent issued under this Section
         5.2, Licensor shall have the responsibility for any maintenance or
         other periodic fees or expenses necessary to maintain the validity or
         effectiveness of any such patent, the costs of which will be paid by
         Licensee from time to time upon submission to Licensee of invoices
         therefore, provided however, that if the Licensor shall give Licensee
         written notice of its intent to abandon any such patent in any foreign
         jurisdiction, Licensee may preserve such patent in such jurisdiction by
         committing in writing to such maintenance or other periodic fees or
         expenses in such jurisdiction, in which case Licensor shall continue
         the effectiveness of such patent in such jurisdiction for so long as
         Licensee continues to pay such amounts.

                      ARTICLE VI MISCELLANEOUS PROVISIONS

         6.1      NOTICES. Unless otherwise specifically provided in this
License Agreement, all notices required or permitted to be given hereunder shall
be in writing and shall be transmitted; (i) by registered or certified mail,
return receipt requested; (ii) by a nationally recognized express courier
service, with receipt confirmed; or (iii) by telecopier, with receipt confirmed.
In each case, such transmission shall be addressed to the party to whom such
notice is required or permitted to be given:

If to Licensor:            At its principal office in Odessa, Florida.

If to Licensee:            Global Energy Distribution Group, L.L.C.
                           1425 East 71st
                           Tulsa, OK 74136

or to any such other person or address as may be designated by notice given in
accordance with this Section 6.1. All notices shall be deemed to have been given
when received.

         6.2      GOVERNING LAW. This License Agreement shall be governed by and
construed in accordance with the laws of the State of Oklahoma.

         6.3      ARBITRATION. All disputes which may arise between the parties
out of or in connection with this Agreement, or the interpretation or breach
thereof, shall be settled by binding arbitration in Tulsa, Oklahoma pursuant to
the commercial arbitration rules of the American Arbitration Association (the
"AAA"), by a single arbitrator selected in accordance with the rules of the AAA.
Judgment on the arbitration award may be entered into any court having
jurisdiction thereof. Either party may seek any interim or preliminary relief
from a court of competent jurisdiction in Tulsa, Oklahoma necessary to protect
its rights or property pending the completion of arbitration. Should either
party file an action contrary to this provision, the other party may recover
attorneys fees and costs of responding to such action. Upon any breach of or
default under this Agreement by any party, no action shall be taken with respect
thereto

                                      -8-
<PAGE>

against the breaching or defaulting party unless and until such breach or
default remains uncured thirty (30) days after written notice thereof to the
party in breach or default.

         6.4      SEVERABILITY. The parties hereto do not intend to violate any
public policy, statutory or common law. However, if any sentence, paragraph,
clause or combination of this Agreement is in violation of any state or federal
law or is found to be otherwise unenforceable by a court from which there is no
appeal, or no appeal is taken; such sentences, paragraphs, clauses, or
combinations of the same shall be deleted or amended in a mutually agreeable
manner, and the remainder of this Agreement shall remain binding.

         6.5      ASSIGNMENT. This License Agreement and the rights granted
hereunder may be assigned by Licensee only with prior consent of Licensor, which
will not be unreasonably withheld, provided that Licensee may assign its rights
under this Agreement to any person acquiring substantially all assets of
Licensee in a merger, sale of assets or comparable transaction. The covenants
herein contained shall be binding upon and inure to the benefit to the parties
hereto and their heirs, permitted assigns, successors and legal representatives.

         6.6      HEADINGS. The headings or titles of Articles and Sections in
this License Agreement are for convenience of reference only and are not
intended to be conclusive as to the meaning or construction of the provisions of
this Agreement.

         6.7      SEVERABILITY. Any provision or clause hereof which shall be
invalidated by virtue of the fact that it is prohibited by law shall be
ineffective to the extent of such illegality; however, this shall in no way
affect the remaining provisions of this Agreement, and this Agreement shall be
interpreted as if such clause or provision were not contained herein, unless
such ineffective provision or clause shall be so significant as to materially
affect this Agreement.

         6.8      COUNTERPARTS. This Agreement may be executed and delivered in
a number of counterparts, each of which, when so executed and delivered, shall
be an original and all of such counterparts shall together constitute one and
the same Agreement.

         6.9      ENTIRE AGREEMENT; MODIFICATION. This Agreement and the annexes
hereto contains the entire agreement and understanding of the parties hereto
with respect to the subject matter hereof and supersedes any other oral or
written agreements or understandings with respect thereto, which agreements or
understandings, if any, are hereby terminated. This Agreement has been entered
into for the independent consideration recited in this Agreement and is not to
be construed to be a part of, or subject to, any other agreement or
understanding between the parties, except as expressly provided herein or
therein. This Agreement may not be modified in any manner whatsoever except by a
writing signed by Licensor and Licensee.

         Except where the context otherwise requires, words imparting the
singular shall include the plural and vice versa, words denoting any gender
shall include all genders and words denoting persons shall include bodies
corporate and vice versa.

                                      -9-
<PAGE>

         IN WITNESS WHEREOF the parties have executed this Agreement as of the
date first above written.

Global Energy Group, Inc.               Global Energy Distribution Group, L.L.C.

By: _______________________             By: ____________________________________
Name: _____________________             Name: __________________________________
Title: ____________________             Title: _________________________________

Date: _____________________             Date: __________________________________

                                      -10-

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