0000950147-01-500365 Sample Contracts

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Exhibit 10.32 December 29, 2000 Bell Capital Corporation Harbour House P.O. Box 120 Grand Turk Turks & Caicos Islands British West Indies Dear Sirs: Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE "AGREEMENT") Bell...
Solpower Corp • February 20th, 2001 • Chemicals & allied products • Arizona

Bell Capital Corporation ("Bell") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 1,060,000 shares of common stock of Solpower (the "Shares") to Bell. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Bell at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $265,000.00 (the "Debt").

Exhibit 10.34 December 29, 2000 Intavest Pty Ltd. 39 De Havilland Road Mordialloc 3195 Victoria, Australia Attention: Mr. Peter D. Voss, Managing Director Dear Peter Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE...
Solpower Corp • February 20th, 2001 • Chemicals & allied products • Arizona

Intavest Pty Ltd., ("Intavest") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 420,000 shares of common stock of Solpower (the "Shares") to Intavest. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Intavest at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $105,000.00 (the "Debt").

Exhibit 10.37 December 29, 2000 Bio Engineering Pty Ltd. 39 De Havilland Road Mordialloc 3195 Victoria, Australia Attention: Mr. Peter D. Voss, Managing Director Dear Peter Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE...
Solpower Corp • February 20th, 2001 • Chemicals & allied products • Arizona

Bio Engineering Pty Ltd. (formerly Solpower Australia Pty Ltd.), ("Bio") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 394,294 shares of common stock of Solpower (the "Shares") to Bio. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Bio at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $98,573.40 (the "Debt").

Exhibit 10.36 December 29, 2000 Fraser Moffat 18 Lake Avenue Montrose, PA 18801 Dear Fraser Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE "AGREEMENT") Fraser Moffat ("Moffat") is a creditor of Solpower Corporation...
Solpower Corp • February 20th, 2001 • Chemicals & allied products • Arizona

Fraser Moffat ("Moffat") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 35,826 shares of common stock of Solpower (the "Shares") to Moffat. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Moffat at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $8,956.59 (the "Debt").

Exhibit 10.35 December 29, 2000 Kurt Kramarenko 10855 Bishop Highway Dimondale, MI 48821 Dear Kurt Re: AGREEMENT FOR CONVERSION OF DEBT INTO SHARES OF SOLPOWER CORPORATION (THE "AGREEMENT") Kurt Kramarenko ("Kramarenko") is a creditor of Solpower...
Solpower Corp • February 20th, 2001 • Chemicals & allied products • Arizona

Kurt Kramarenko ("Kramarenko") is a creditor of Solpower Corporation ("Solpower"). Solpower hereby agrees to issue 16,993 shares of common stock of Solpower (the "Shares") to Kramarenko. The Shares will be duly authorized, validly issued, fully paid, non-assessable, and free of preemptive rights, and will be issued to Kramarenko at a value of $0.25 per share, in full settlement of a bona fide outstanding debt in the amount of $4,248.35 (the "Debt").

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