0001104659-06-083521 Sample Contracts

Subscription Agreement by and among BPZ ENERGY, INC. and INTERNATIONAL FINANCE CORPORATION Dated December 18, 2006
Subscription Agreement • December 22nd, 2006 • BPZ Energy Inc • Crude petroleum & natural gas • New York

This SUBSCRIPTION AGREEMENT (this “Agreement”), dated December 18, 2006, is made by and between BPZ Energy, Inc., a Colorado corporation (the “Company”), and International Finance Corporation, an international organization established by Articles of Agreement among its member countries, including the United States (“IFC”).

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