0001575705-21-000209 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 22nd, 2021 • Powerverde, Inc. • Motors & generators • North Carolina

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 16th day of April, 2021 (the “Effective Date”), and is by and between 374WATER INC., a Delaware corporation f/k/a POWERVERDE, INC. (the “Company”), and MARC DESHUSSES, an individual (the “Employee”).

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AGREEMENT AND PLAN OF MERGER among POWERVERDE INC., 374WATER ACQUISITION CORP. and 374WATER, INC. April 16, 2021
Agreement and Plan of Merger • April 22nd, 2021 • Powerverde, Inc. • Motors & generators

THIS AGREEMENT AND PLAN OF MERGER is made and entered into as of April 16, 2021, by and among POWERVERDE INC., a Delaware corporation (“Parent”), 374WATER ACQUISITION CORP., a Delaware corporation and wholly-owned subsidiary of Parent (“Acquisition Corp.”), and 374WATER, INC., a Delaware corporation (the “Company”).

LICENSE AGREEMENT
Equity Transfer Agreement • April 22nd, 2021 • Powerverde, Inc. • Motors & generators • North Carolina

This Agreement is effective as of April 16, 2021 (the “EFFECTIVE DATE”), between 374Water, Inc., (“LICENSEE”) having the address in Article 12 below, and Duke University, a nonprofit educational and research institution organized under the laws of North Carolina (“DUKE”), each a “Party” and together, the “Parties”. LICENSEE and DUKE hereby agree as follows:

EQUITY TRANSFER AGREEMENT
Equity Transfer Agreement • April 22nd, 2021 • Powerverde, Inc. • Motors & generators

THIS EQUITY TRANSFER AGREEMENT (the “Agreement”) is made as of April 16, 2021 between 374Water, Inc., a Delaware corporation, having offices at 3710 Shannon Rd #51877 Durham, NC 27717 (the “LICENSEE”), and Duke University, a nonprofit educational and research institution organized under the laws of North Carolina (“DUKE”).

MBH and 374Water — Binding Memorandum of Understanding
Powerverde, Inc. • April 22nd, 2021 • Motors & generators

This MEMORANDUM OF UNDERSTANDING (MOU) is dated as of March 30, 2021, between MB Holding Inc., an Indiana corporation (“MBH”) and 374Water Inc., a Delaware corporation (“374Water”).

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