COMMON STOCK PURCHASE WARRANT HPEV, INC.Hpev, Inc. • January 11th, 2013 • Services-educational services
THIS COMMON STOCK PURCHASE WARRANT (this “Warrant”) certifies that, for value received, Spirit Bear Limited (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, to subscribe for and purchase from HPEV, Inc., a Nevada corporation (the “Company”), up to 2,000,000 shares (the “Warrant Shares”) of Common Stock of the Company, at any time on or after the Issue Date (as defined above) and on or prior to the Termination Date (as defined below), but not thereafter. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
COMMON STOCK PURCHASE WARRANT HPEV, INC.Common Stock Purchase Warrant • January 11th, 2013 • Hpev, Inc. • Services-educational services
THIS COMMON STOCK PURCHASE WARRANT (this “Warrant”) certifies that, for value received, Spirit Bear Limited (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, to subscribe for and purchase from HPEV, Inc., a Nevada corporation (the “Company”), up to 2,000,000 shares (the “Warrant Shares”) of Common Stock of the Company, at any time on or after the Issue Date (as defined above) and on or prior to the Termination Date (as defined below), but not thereafter. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
DEBT SETTLEMENT AGREEMENTDebt Settlement Agreement • January 11th, 2013 • Hpev, Inc. • Services-educational services
THIS DEBT SETTLEMENT AGREEMENT (the “Agreement”) is entered into as of December 11, 2012 (the “Effective Date”), by and between HPEV, Inc., a Nevada corporation (the “Borrower”), Phoenix Productions and Entertainment Group (“PPEG”), a Nevada Limited Liability Company, Action Media Group, LLC (“AM”), an Arizona Limited Liability Company (PPEG and AM sometimes referred to hereinafter collectively as “Debt Holders”); and Spirit Bear Limited, a Delaware corporation.
