ContractConvertible Debenture Agreement • October 29th, 2008 • Intrepid Technology & Resources, Inc. • Industrial organic chemicals
THIS AGREEMENT (this “Agreement”), dated October 24, 2008 is entered into by and between INTREPID RESOURCES AND TECHNOLOGY, INC., an Idaho corporation (the “Company”), and YA GLOBAL INVESTMENTS, L.P. (the “Buyer”). Reference is made to the Securities Purchase Agreement (the “Securities Purchase Agreement”) dated as June 17, 2008, between the Company and the Buyer. All capitalized terms used but not defined herein shall have the meaning ascribed thereto in the Securities Purchase Agreement.
