0001019687-09-003239 Sample Contracts

AMENDMENT NO. 2 TO THE SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • September 4th, 2009 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • California

This AMENDMENT TO THE SECURITIES PURCHASE AGREEMENT (this “Amendment”) is made as of August 21, 2009 (the “Effective Date”), by and among VIASPACE Inc., a Nevada corporation (“Parent”), VIASPACE Green Energy Inc., a British Virgin Islands international business company and a wholly-owned subsidiary of Parent (“Acquirer”), Sung Hsien Chang, an individual (“Shareholder”), and China Gate Technology Co., Ltd., a Brunei Darussalam company (“Licensor”), with respect to the following facts:

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AMENDMENT TO SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • September 4th, 2009 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • California

This AMENDMENT TO SECURITIES PURCHASE AGREEMENT (this “Amendment”) is made as of June 22, 2009 (the “Effective Date”), by and among by and among, VIASPACE Inc., a Nevada corporation (“Parent”), VIASPACE Green Energy Inc., a British Virgin Islands international business company and a majority-owned subsidiary of Parent (“Acquirer”), Sung Hsien Chang, an individual (“Shareholder”), and China Gate Technology Co., Ltd., a Brunei Darussalam company (“Licensor”), with respect to the following facts:

MEMORANDUM OF UNDERSTANDING
Memorandum of Understanding • September 4th, 2009 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography

This Memorandum of Understanding (hereinafter referred to as the “MOU”), is made and entered into this 2nd day of September 2009, by and between:

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