AMENDMENT TO SERIES B CONVERTIBLE NOTESSeries B Convertible Notes • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas
THIS AMENDMENT (this “Amendment”), dated as of April 16, 2008, by and among Open Energy Corporation, a Nevada corporation (the “Company”), and each of the Holders of Series B Notes issued pursuant to and as defined in that certain securities purchase agreement, dated September 19, 2007, as amended (the “SPA”), amends certain of the terms of the Series B Notes issued from time to time pursuant to the SPA. All capitalized terms not otherwise defined herein shall have the definitions ascribed to them in the SPA or the Series B Notes.
SURRENDER AGREEMENTSurrender Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • Ontario
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENTEmployment Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • California
THIS AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT, dated effective as of March 30, 2008 (“Amendment”), is made and entered into by and between Open Energy Corporation, a Nevada corporation (“Company”), and David Saltman, an individual (“Executive”), with reference to the following facts:
SETTLEMENT AND GENERAL RELEASE AGREEMENT AMONG FORMER SRS STOCKHOLDERS AND OECSettlement and General Release Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • California
This Settlement and General Release Agreement (“Agreement”) is entered into as of March 7, 2008 (the “Effective Date”) by Open Energy Corporation (“OEC”), formerly known as Barnabus Energy, Inc., and the Stockholders (as defined in the SPA referred to below) with reference to the following facts:
EXTENSION AGREEMENTExtension Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • New Jersey
EXTENSION AGREEMENT, dated of as March 17, 2008, by and between OPEN ENERGY CORPORATION (the “Company”), and YA GLOBAL INVESTMENTS, L.P. (formerly, CORNELL CAPITAL PARTNERS, LP) (“YA Global”). All capitalized terms used herein shall have the respective meanings assigned thereto in the Transaction Documents (as defined below) unless otherwise defined herein.
DALTON W. SPRINKLE, ESQ. Coronado, California 92118 January 2, 2008Legal Services Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas
DALTON W. SPRINKLE, ESQ. (“Attorney”) and OPEN ENERGY CORPORATION (“Client”) hereby agree that Attorney will provide legal services to Client on the terms set forth below.
CONSULTING AGREEMENTConsulting Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • California
This agreement made as of the 26th day of December 2007, by and between Open Energy Corporation, hereinafter referred to as Open Energy, a Nevada Corporation, having its office at 514 De La Valle, Suite 200, Solana Beach, California, 92075 and Patricia Eckert and Associates, having its office at 224 Abalone Avenue, Newport Beach, CA 92662, hereinafter referred to as “Consultant”.
AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENTEmployment Agreement • April 21st, 2008 • Open Energy Corp • Crude petroleum & natural gas • California
THIS AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT, dated effective as of April 18, 2008 (“Amendment”), is made and entered into by and between Open Energy Corporation, a Nevada corporation (“Company”), and David Saltman, an individual (“Executive”), with reference to the following facts:
