0000950129-05-010953 Sample Contracts

Contract
Save the World Air Inc • November 14th, 2005 • Wholesale-hardware & plumbing & heating equipment & supplies

THIS NOTE AND ANY SHARES OF COMMON STOCK INTO WHICH THIS NOTE MAY BE CONVERTED HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR QUALIFIED FOR SALE UNDER ANY STATE SECURITIES LAWS (COLLECTIVELY, “SECURITIES LAWS”) AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED UNLESS REGISTERED OR QUALIFIED FOR SALE UNDER ALL APPLICABLE SECURITIES LAWS OR UNLESS, IN THE OPINION OF COUNSEL SATISFACTORY TO THE ISSUER, IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER, ANY SUCH OFFER, SALE OR OTHER TRANSFER IS EXEMPT FROM THE REGISTRATION OR QUALIFICATION REQUIREMENTS OF SUCH SECURITIES LAWS.

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EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2005 • Save the World Air Inc • Wholesale-hardware & plumbing & heating equipment & supplies • California

AGREEMENT made as of the 1st day of July 2005 by and between SAVE THE WORLD AIR, INC. (“STWA”), a Nevada chartered corporation, and John Richard Bautista III (the “Executive”).

SAVE THE WORLD AIR, INC. WARRANT TO PURCHASE COMMON STOCK VOID AFTER 5:00 P.M. California Time on August 31, 2007
Save the World Air Inc • November 14th, 2005 • Wholesale-hardware & plumbing & heating equipment & supplies • California

THIS CERTIFIES that, for the value received, _______________ (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time on or after the date of this Warrant and on or prior to 5:00 p.m. California time on August 31, 2007 (the “Expiration Time”), but not thereafter, to subscribe for and purchase, from SAVE THE WORLD AIR, INC., a Nevada corporation (the “Company”), up to _______________ (_________) shares of the Company’s Common Stock (the “Shares”) at a purchase price per share equal to $1.00 (the “Exercise Price”).

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