0001302946-11-000059 Sample Contracts

187,500 Promissory Note PROMISSORY NOTE
Promissory Note • September 12th, 2011 • TWO RIVERS WATER Co • Agricultural production-crops
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Purchase agreement dated September 7, 2011 SECOND AMENDMENT TO MASTER AGREEMENT
Purchase Agreement • September 12th, 2011 • TWO RIVERS WATER Co • Agricultural production-crops

This is a Second Amendment (the “Second Amendment”) to that certain Master Agreement (the “Agreement”), dated the 9th day of May, 2011 (the "Effective Date"), by and between the ORLANDO RESERVOIR NO. 2 COMPANY, LLC, a Colorado limited liability company ("Orlando"), and FAMILY RANCH HOLDINGS, LLC, a Colorado limited liability company (referred to hereinafter as "Seller"), on the one hand, and TRWC, INC., a Colorado corporation, a wholly owned entity of TWO RIVERS WATER COMPANY, a Colorado corporation (“TWO RIVERS”), TRW ORLANDO WATER ASSETS, LLC, a Colorado limited liability company ("TRW"), and TWO RIVERS FARMS F-2, LLC, a Colorado limited liability company (“F-2”) (collectively referred to hereinafter as "Buyer"), on the other hand. Seller and Buyer are individually referred to hereinafter as a “Party” and collectively as the “Parties.” The Master Agreement was previously amended by that certain First Amendment to Master Agreement executed on July 28, 2011 (the "First Amendment"). The

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