WARRANT EXCHANGE AGREEMENTWarrant Exchange Agreement • August 6th, 2008 • Pure Biofuels Corp • Industrial organic chemicals
WARRANT EXCHANGE AGREEMENT, dated as of August 5, 2008 (this “Agreement”), by and between PURE BIOFUELS CORP., a Nevada corporation (the “Company”), and PLAINFIELD PERU II LLC, a Delaware limited liability company (“LLCII”). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Securities Purchase Agreement, dated as of September 12, 2007, as amended by an amendment executed on March 26, 2008 (the “Purchase Agreement”), by and between the Company, LLCII and PLAINFIELD PERU I LLC (“LLCI”), a Delaware limited liability company (together with LLCII, the “Purchaser”) or the Loan Agreement (as defined in the Purchase Agreement) if such capitalized term is not defined in the Purchase Agreement.
