SMARTIRE SYSTEMS INC. AND GE SENSING INC. AGREEMENT FOR SUPPLY OF RTPM PRESSURE SENSORS (Redacted portions of this agreement are indicated by "+")Supply Agreement • November 9th, 2007 • Smartire Systems Inc • Industrial instruments for measurement, display, and control
This Supply Agreement (“Agreement”) is entered into on July 23, 2007 (the “Effective Date”) by and between SmarTire Systems Inc. (“SmarTire”), a British Columbia corporation, with its principal place of business at 150-13151 Vanier Place, Richmond, BC, Canada V6V 2J1 and GE Sensing Inc. (“GE”), a United States corporation having its principal office at 1100 Technology Park Drive, Billerica, MA, United States of America 01821(together, the “Parties”).
November 7, 2007Smartire Systems Inc • November 9th, 2007 • Industrial instruments for measurement, display, and control
This letter sets forth our agreement regarding the registration penalties owed by SmarTire Systems, Inc. (“SmarTire” or the “Company”) to the undersigned in connection with the undersigned’s purchase of the Amended and Restated Convertible Debenture referenced below.
YA GLOBAL INVESTMENTS, L.P. Jersey City, New Jersey 07092Smartire Systems Inc • November 9th, 2007 • Industrial instruments for measurement, display, and control
This letter sets forth our agreement regarding the debt owed by SmarTire Systems, Inc. (“SmarTire” or the “Company”) to YA Global Investments, L.P. (f/k/a Cornell Capital Partners, L.P.). (hereinafter, “YA”).As of November 7, 2007, that debt (not including accrued interest, fees, and other expenses owing) (referred to, together, as the “Existing Debentures”) is as follows:
