0001019056-13-000657 Sample Contracts

SECURITY AGREEMENT
Security Agreement • May 16th, 2013 • Powerverde, Inc. • Motors & generators • Florida

THIS SECURITY AGREEMENT (the “Security Agreement”) is entered into as of the 31st day of December, 2012, by and between (i) POWERVERDE INC., a Delaware corporation with its principal office located at 420 S. Dixie Highway, Suite 4B, Coral Gables, Florida 33146 (the “Debtor”) and (ii) the investors listed on the signature page of this Agreement (the “Investors”) acting through Edward C. Gomez as their agent for purposes of this Agreement (the “Agent”), having an address of 6527 Seward Park Avenue S., Seattle, Washington 98118 (“Secured Party”).

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CONSULTING AGREEMENT
Consulting Agreement • May 16th, 2013 • Powerverde, Inc. • Motors & generators • Florida

THIS CONSULTING AGREEMENT (“Agreement”) is made and entered into as of the 25th day of October, 2012 (the “Effective Date”), and is by and between POWERVERDE, INC., a Delaware corporation (the “Company”), and WASTE HEAT SOLUTIONS, LLC, a California limited liability company (the “Consultant”).

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