0001193125-06-063108 Sample Contracts

Mr. Scott LaGrange December 23, 2005 Shaw Environmental and Infrastructure, Inc.
Definitive Purchase Agreement • March 27th, 2006 • Basin Water, Inc. • Water supply • California

This letter sets forth the mutual understanding between Shaw Environmental and Infrastructure, Inc. (“Buyer”) and Basin Water, Inc. (“Seller”), with respect to the sale and purchase of certain Basin Water ion exchange units totaling $5 million.

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National Arsenic Sales Agreement December 9, 2005
National Arsenic Sales Agreement • March 27th, 2006 • Basin Water, Inc. • Water supply • California

This National Arsenic Sales Agreement (the Agreement) is entered into by and between Shaw Environmental, Inc., a Louisiana corporation with an office at 3347 Michelson Drive, Suite 200, Irvine, CA 92612 (“Shaw”) and Basin Water Inc., a California corporation with an office at 8731 Prestige Court, Rancho Cucamonga, CA 91730 (“Basin”). Each of Shaw and Basin may be individually referred 10 as a “Party” and collectively referred to as the “Panics” in this Agreement.

SECOND AMENDMENT TO STANDARD AIR INDUSTRIAL COMMERCIAL SINGLE-TENANT LEASE - GROSS
Basin Water, Inc. • March 27th, 2006 • Water supply • California

THIS SECOND AMENDMENT TO STANDARD AIR INDUSTRIAL COMMERCIAL SINGLE-TENANT LEASE - GROSS (“Amendment”) is dated for reference purposes only, this 15th day of February 2006, by and between WHITE OAK, LLC, a California limited liability company (herein called “Lessor”) and BASIN WATER, INC., a California corporation (herein called “Lessee”).

COMMON STOCK WARRANT
Common Stock Warrant • March 27th, 2006 • Basin Water, Inc. • Water supply • California

THIS WARRANT AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT.

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