NOTE PURCHASE AGREEMENTNote Purchase Agreement • October 9th, 2007 • Save the World Air Inc • Motor vehicle parts & accessories • California
THIS NOTE PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of the ___ day of September, 2007 by and between Save the World Air, Inc., a Nevada corporation (the “Issuer”) and those individuals and entities who sign and deliver an executed copy of this Agreement to the Issuer (each, a “Purchaser” and collectively, the “Purchasers”), with reference to the following:
FORM OF STOCK PURCHASE WARRANTWarrant Agreement • October 9th, 2007 • Save the World Air Inc • Motor vehicle parts & accessories • California
THIS CERTIFIES that, for the value received, the holder identified on the last page of this Warrant (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. P.S.T. on the second anniversary of the date of this Warrant (the "Expiration Time"), but not thereafter, to subscribe for and purchase, from SAVE THE WORLD AIR, INC., a Nevada corporation (the "Company"), up to ____XXXX_____ shares of the Company's Common Stock (the "Shares") at a purchase price per share equal to $0.50 (the "Exercise Price").
