MARKETING AND LICENSE AGREEMENTMarketing and License Agreement • August 14th, 2020 • Principal Solar, Inc. • Electric services
This License Agreement, effective December 2, 2019, is entered into by Tokata Oil Recovery, Inc., an Oklahoma corporation ("Grantor"), and Bayou Road Investments, Inc., a Delaware Corporation ("Grantee").
ContractPrincipal Solar, Inc. • August 14th, 2020 • Electric services
THIS NOTE AND ANY RESULTING EQUITY INSTRUMENT HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE. THE SECURITIES ARE BEING OFFERED PURSUANT TO A SAFE HARBOR FROM REGISTRATION UNDER REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). THE SECURITIES ARE “RESTRICTED” AND MAY NOT BE OFFERED OR SOLD UNLESS THE SECURITIES ARE REGISTERED UNDER THE ACT, PURSUANT TO REGULATION D OR PURSUANT TO AVAILABLE EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE ACT AND THE COMPANY WILL BE PROVIDED WITH OPINION OF COUNSEL OR OTHER SUCH INFORMATION AS IT MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH EXEMPTIONS ARE AVAILABLE. FURTHER HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE MADE EXCEPT IN COMPLIANCE WITH THE ACT.
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • August 14th, 2020 • Principal Solar, Inc. • Electric services
This Loan Agreement Modification (the "Modification") modifies the Loan Agreement (the "Agreement") entered into as of December 22th, 2014 by and between Bayou Road Investments, Inc. (the "Borrower"), having its principal address located at PO BOX 191292; Dallas TX 75219, and Stephen J. Davis (the "Lender"), having its principal address located at Dallas; TEXAS, under which the Borrower promised to pay the Lender the amount of $250,000 (two hundred fifty thousand dollars) (the "Loan") plus accumulated interest under the terms set forth in that Agreement.
