0001415889-11-000022 Sample Contracts

Contract
PepperBall Technologies, Inc. • January 21st, 2011 • Ordnance & accessories, (no vehicles/guided missiles) • California

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF OR IN ACCORDANCE WITH APPLICABLE LAW.

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First AMENDMENT TO LOAN AGREEMENT
Loan Agreement • January 21st, 2011 • PepperBall Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This First Amendment to Loan Agreement is entered into as of January 14, 2011 (the “Amendment”), by and between J.A. G.L. Simpson Trust, Dtd May 18, 1988, A California Trust (“Lender”) and PEPPERBALL TECHNOLOGIES, INC., a Colorado corporation (“Borrower”).

First AMENDMENT TO LOAN AGREEMENT
Loan Agreement • January 21st, 2011 • PepperBall Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This First Amendment to Loan Agreement is entered into as of January 14, 2011 (the “Amendment”), by and between James Simpson Foundation (“Lender”) and PEPPERBALL TECHNOLOGIES, INC., a Colorado corporation (“Borrower”).

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