Periodic Equity Investment Agreement Sample Contracts

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PERIODIC EQUITY INVESTMENT AGREEMENT
Periodic Equity Investment Agreement • December 12th, 2008 • Cereplast Inc • Plastic materials, synth resins & nonvulcan elastomers • California

THIS AGREEMENT dated as of the 8th day of December 2008 (the “Agreement”) between Cumorah Capital, Inc., a Nevada corporation (the “Investor”), and CEREPLAST, INC., a corporation organized and existing under the laws of the State of Nevada (the “Company”).

RE: Periodic Equity Investment Agreement, dated December 8, 2008
Periodic Equity Investment Agreement • February 19th, 2010 • Cereplast Inc • Plastic materials, synth resins & nonvulcan elastomers

As we discussed by phone today, Cumorah Capital, Inc. (“Cumorah”) and Cereplast, Inc. (“Cereplast”) have agreed to formally terminate the Periodic Equity Investment Agreement, dated December 8, 2008 (the “PEIA”), effective February 18, 2010. As compensation for early termination of the PEIA, Cereplast will issue to Cumorah 100,000 shares of Cereplast restricted common stock.

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