REGULATION S SECURITIES PURCHASE AGREEMENTRegulation S Securities Purchase Agreement • November 13th, 2007 • Zap • Motorcycles, bicycles & parts • California
This Regulation S Securities Purchase Agreement (“the Agreement”) is made as of November 5, 2007 by and between ZAP, a California corporation (the “Company”), the address of which is 501 Fourth Street, Santa Rosa California 95401, and Al Yousuf LLC, a United Arab Emirates limited liability company, the address of which is P.O. Box 25, Dubai, United Arab Emirates (the “Purchaser”). The Company and the Purchaser, intending to be bound and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, covenant and agree as follows:
November 5, 2007Side Letter Agreement • November 13th, 2007 • Zap • Motorcycles, bicycles & parts • California
This Side Letter Agreement (the “Letter Agreement”) is made by and between Al Yousuf LLC (the “Investor”), ZAP (the “Company”) and Steven M. Schneider (“Schneider”). Reference is made to the purchase of shares of ZAP (the “Shares”), a public company organized under the laws of California whose shares trade over the counter on OTCBB, by the Investor in accordance with the Securities Purchase Agreement and associated documents between the parties (the “Investment Documents”). This Agreement, when accepted by the parties, will become part of the Investment Documents and will evidence our further agreement with respect to the matters set forth below. All terms used and not defined herein, shall have the same meaning as in the Investment Documents. If there is any inconsistency between the terms of this Agreement and the other Investment Documents, the terms of this Agreement will govern.
