Twynam Agricultural Group Pty Limited ACN 000 573 213/ABN 12 000 573 213

Exhibit 10.9

 

Twynam Agricultural Group Pty Limited

ACN 000 573 213/ABN 12 000 573 213

30 June 2016

Vast Solar Pty Ltd

[***]

[***]

Dear Sirs

REPAYMENT OF INITIAL INVESTMENT AND LOAN 1

Twynam Agricultural Group Pty Limited entered into a Funding Agreement with Vast Solar Pty Ltd in January 2016. Terms used in this letter have the same meaning as in that Funding Agreement.

▇▇▇▇▇▇ has been issued the Convertible Notes No 3.

▇▇▇▇ ▇▇▇▇▇ has elected to direct that the Subscription Amount be used to repay all outstanding loans as at the date of this letter including the Initial Investment, Loan 1 and additional funding provided in 2016.

▇▇▇▇▇▇ confirms that all outstanding loans as at the date of this letter, including the Initial Investment, Loan 1 and additional funding provided in 2016 have been repaid in full, and that it no longer holds any convertible notes associated with Loan 1 which have been redeemed by Vast Solar (other than as represented by Convertible Notes No 3).

/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇

▇▇▇▇▇ ▇▇▇▇▇▇▇

Authorised representative/Director

Head Office: [***]

Phone: [***] Facsimile: [***] Email: [***] Website: ▇▇▇.▇▇▇▇▇▇.▇▇▇