ASSET PURCHASE AGREEMENT Between U.S GEOTHERMAL INC. as Buyer and EMPIRE GEOTHERMAL POWER LLC as Seller and MICHAEL B. STEWART as GuarantorAsset Purchase Agreement • April 7th, 2008 • Us Geothermal Inc • Electric services • Nevada
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 31, 2008, by and between U.S. Geothermal Inc., an Idaho corporation (“Buyer”), and Empire Geothermal Power LLC, a Nevada limited liability company (“Empire” or “Seller”), and Michael B. Stewart, a resident of Nevada and the sole owner of Seller (the “Guarantor”) . Buyer and Seller and Guarantor are sometimes referred to herein individually as a “Party” and collectively as the “Parties”. Capitalized terms used in this Agreement not otherwise defined herein shall have the meaning set forth in Article I.
WATER RIGHTS PERMITS PURCHASE AGREEMENTWater Rights Permits • April 7th, 2008 • Us Geothermal Inc • Electric services • Nevada
This Water Rights Permits Purchase Agreement ("Agreement") is dated and effective as of this 31st day of March, 2008 (“Effective Date”), by and between Michael B. Stewart (“Stewart”) as "Seller", and U.S. Geothermal, Inc., an Idaho corporation (“USG”) as "Buyer". Buyer and Seller are sometimes referred to herein collectively as "Parties" and individually as "Party."
