SECURITY AGREEMENTSecurity Agreement • June 27th, 2007 • US Energy Initiatives CORP • Motor vehicle parts & accessories • Massachusetts
SECURITY AGREEMENT (this "Agreement"), dated as of March 23, 2006, by and among Hybrid Fuel Systems, Inc., a George corporation ("Company"), and Dutchess Private Equities Fund, LP, a Delaware Limited partnership, as the secured parties signatory hereto and their respective endorsees, transferees and assigns (collectively, the "Secured Party") (sometimes hereinafter the Company and the Secured Party are collectively referred to as the "parties").
SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • June 27th, 2007 • US Energy Initiatives CORP • Motor vehicle parts & accessories • New York
This Settlement Agreement and Release (the "Agreement") is dated as of March 24, 2006 and is made by and between ALPHA CAPITAL AKTIENGESELLSCHAFT, WHALEHAVEN CAPITAL FUND LIMITED, and ELLIS INTERNATIONAL LTD. (collectively the "Investors") and Hybrid Fuel Systems, Inc., a Georgia corporation ("Hybrid").
