0001019687-12-003601 Sample Contracts

MUTUAL AND LIMITED RELEASE AGREEMENT
Mutual and Limited Release • October 5th, 2012 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • Georgia

THIS MUTUAL AND LIMITED RELEASE (the “Agreement”) is entered into and made effective as of the 30th day of September 2012 (the “Effective Date”) by and among the signatories to this Agreement (each of the signatories shall be referred to singularly as a “Party” and collectively as the “Parties”). Except as otherwise defined herein, capitalized terms and phrases shall have the meaning ascribed thereto in Section 2 of this Agreement.

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RECAPITALIZATION AGREEMENT By and Among VIASPACE INC., VIASPACE GREEN ENERGY INC. AND CERTAIN OTHER PARTIES Dated as of September 30, 2012 RECAPITALIZATION AGREEMENT
Recapitalization Agreement • October 5th, 2012 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • Georgia

THIS RECAPITALIZATION AGREEMENT (the “Agreement”) is made effective as of September 30, 2012 (the “Effective Date”), by and among VIASPACE Inc., a Nevada corporation (the “VIASPACE”), VIASPACE Green Energy Inc., a British Virgin Islands corporation (“VGE”), and certain other parties who are signatories to this Agreement (collectively, with VIASPACE and VGE, the “Signatories”). Except as otherwise provided in this Agreement, capitalized terms and phrases shall have the meaning ascribed thereto in Section 1 hereof.

SUPPLY AND COMMERCIALIZATION AGREEMENT BY AND BETWEEN VIASPACE GREEN ENERGY INC. AND VIASPACE INC. September 30, 2012
Supply and Commercialization Agreement • October 5th, 2012 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • Georgia

THIS SUPPLY, LICENSE AND COMMERCIALIZATION AGREEMENT (the “Agreement”) is entered into as of the 30th day of September 2012 (the “Effective Date”) by and between VIASPACE Green Energy, Inc., a British Virgin Islands company (“VGE”) and VIASPACE Inc., a corporation organized under the laws of the State of Nevada, with offices located within the State of California (“VIASPACE”). VGE and VIASPACE are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Except as otherwise defined within the text, capitalized terms and phrases shall have the meaning ascribed thereto in Article 1 of this Agreement.

VIASPACE GREEN ENERGY INC. CONSULTING AGREEMENT
Consulting Agreement • October 5th, 2012 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • Georgia

THIS CONSULTING AGREEMENT (the “Agreement”) is made and entered into as of the date indicated below (the “Effective Date”) by and between VIASPACE Green Energy Inc., a British Virgin Islands company (the “Company”), and Stephen Muzi, an individual resident of the State of California (the “Consultant”). Company and Consultant are sometimes singularly referred to in this Agreement as “Party” and collectively referred to as the “Parties.”

SUPPLY AND COMMERCIALIZATION AGREEMENT BY AND BETWEEN GUANGZHOU INTER-PACIFIC ARTS CORP. AND VIASPACE GREEN ENERGY, INC. September 30, 2012
Supply and Commercialization Agreement • October 5th, 2012 • VIASPACE Green Energy Inc. • Services-mailing, reproduction, commercial art & photography • Georgia

THIS SUPPLY, LICENSE AND COMMERCIALIZATION AGREEMENT (the “Agreement”) is entered into as of the 30th day of September 2012 (the “Effective Date”) by and between Guangzhou Inter-Pacific Arts Corp., a company formed under the laws of the People’s Republic of China, with offices located in the Guangdong province (“IPA China”) and VIASPACE Green Energy, Inc., a British Virgin Islands company (“VGE”). IPA China and VGE are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Except as otherwise defined within the text, capitalized terms and phrases shall have the meaning ascribed thereto in Article 1 of this Agreement.

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