0001144204-09-009230 Sample Contracts

Operating Agreement of BigPringle, LLC
Operating Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Delaware

This Operating Agreement (this “Agreement”) is made effective as of October 6, 2008 by DeWind SWI Wind Farms, LLC, a Delaware limited liability company, as the sole member (the “Sole Member”) of BigPringle, LLC, a Delaware limited liability company (the “Company”).

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CONVEYANCE AND CONTRIBUTION AGREEMENT
Conveyance and Contribution Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This CONVEYANCE AND CONTRIBUTION AGREEMENT (the “Agreement”) dated as of October 6, 2008 (the “Effective Date”), is entered into by and among Higher Power Energy, LLC, a Texas limited liability company (“Higher Power”), Perpetual Energy Ltd., a United Kingdom private limited company (“Perpetual”), Higher Perpetual Energy, LLC, a Texas limited liability company (“Higher Perpetual”), DeWind SWI Wind Farms, LLC, a Delaware limited liability company (“Company”), LittlePringle1, LLC, a Delaware limited liability company (“LP1 Sub”), LittlePringle2, LLC, a Delaware limited liability company (“LP2 Sub”), BigPringle, LLC, a Delaware limited liability company (“Big Pringle Sub”), PD1, LLC, a Delaware limited liability company (“PD1 Sub”), DeWind Energy Development Company, LLC, a Nevada limited liability company (“DeWind”), and DeWind, Inc., a Nevada corporation (“DeWind, Inc.”).

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made, dated and effective as of October 6, 2008 (the “Effective Date”), between HIGHER POWER ENERGY, LLC (“Assignor”), a Texas limited liability company and PD1, LLC (“Assignee”), a Delaware limited liability company.

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made, dated and effective as of October 6, 2008 (the “Effective Date”), between HIGHER POWER ENERGY, LLC (“Assignor”), a Texas limited liability company and LITTLEPRINGLE2, LLC (“Assignee”), a Delaware limited liability company.

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assignment”), dated as of October 6, 2008, is entered into by and between Pringle Wind I, LLC, a Texas limited liability company (“Assignor”), and LittlePringle2, LLC, a Delaware limited liability company ("Assignee”), and consented to and acknowledged by Hutchinson County, Texas, acting through its duly elected Commissioners Court (“Hutchinson County”).

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assignment”), dated as of October 6, 2008, is entered into by and between Pringle Wind II, LLC, a Texas limited liability company (“Assignor”), and LittlePringle1, LLC, a Delaware limited liability company ("Assignee”), and consented to and acknowledged by Hutchinson County, Texas, acting through its duly elected Commissioners Court (“Hutchinson County”).

ASSIGNMENT AGREEMENT
Assignment Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AGREEMENT (the “Assignment”), dated as of October 6, 2008, is entered into by and between Pringle Wind I, LLC, a Texas limited liability company (“Assignor”), and LittlePringle2, LLC, a Delaware limited liability company (“Assignee”).

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made, dated and effective as of October 6, 2008 (the “Effective Date”), between HIGHER POWER ENERGY, LLC (“Assignor”), a Texas limited liability company and BIGPRINGLE, LLC (“Assignee”), a Delaware limited liability company.

ASSIGNMENT AND ASSUMPTION AGREEMENT
Assignment and Assumption Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made, dated and effective as of October 6, 2008 (the “Effective Date”), between HIGHER POWER ENERGY, LLC (“Assignor”), a Texas limited liability company and LITTLEPRINGLE1, LLC (“Assignee”), a Delaware limited liability company.

DEVELOPER AGREEMENT
Developer Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This Developer Agreement (“Agreement”), dated as of October 6, 2008 (“Effective Date”) is among PERPETUAL ENERGY LIMITED, a United Kingdom private limited company (“Perpetual”), HIGHER POWER ENERGY, LLC, a Texas limited liability company (“Higher Power”), DEWIND ENERGY DEVELOPMENT COMPANY, LLC, a Nevada limited liability company (“DeWind”), DEWIND SWI WIND FARMS, LLC, a Delaware limited liability company (“Holdco”) and HIGHER PERPETUAL ENERGY, LLC, a Texas limited liability company (“Higher Perpetual”) (Perpetual, Higher Power, DeWind, Holdco and Higher Perpetual, collectively, the “Parties”, and each, a “Party”). Certain capitalized terms used but not defined elsewhere in the text of this Agreement are defined in Annex I, attached hereto.

ASSIGNMENT AGREEMENT
Assignment Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Texas

This ASSIGNMENT AGREEMENT (the “Assignment”), dated as of October 6, 2008, is entered into by and between Pringle Wind II, LLC, a Texas limited liability company (“Assignor”), and LittlePringle1, LLC, a Delaware limited liability company (“Assignee”).

LIMITED LIABILITY COMPANY AGREEMENT OF DEWIND SWI WIND FARMS, LLC A Delaware Limited Liability Company
Limited Liability Company Agreement • February 17th, 2009 • Composite Technology Corp • Electronic & other electrical equipment (no computer equip) • Delaware

This LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of DEWIND SWI WIND FARMS, LLC (the “Company”), executed as of October 6, 2008 (the “Effective Date”), is adopted, executed and agreed to by DEWIND ENERGY DEVELOPMENT COMPANY, LLC, a Nevada limited liability company (“DeWind”) and HIGHER PERPETUAL ENERGY, LLC, a Texas limited liability company (“Higher Perpetual”). Higher Perpetual and DeWind are sometimes collectively referred to herein as the “Parties.”

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