SECURITY AGREEMENTSecurity Agreement • July 21st, 2009 • Stratos Renewables CORP • Industrial organic chemicals • California
This SECURITY AGREEMENT, dated as of July 15, 2009 ("Agreement"), is executed by Stratos Renewables Corporation, a Nevada corporation (the “Company”) and each of its wholly-owned subsidiaries party hereto (each a “Subsidiary Grantor” and together with the Company, the “Grantors” and each a “Grantor”) in favor of I2BF Biodiesel Ltd., an exempt private company limited by shares formed and existing under the laws of the British Virgin Islands (the “Collateral Agent”), for its own benefit and on behalf of each Investor (defined below).
SECURED NOTE AND COMMON STOCK PURCHASE AGREEMENTSecured Note and Common Stock Purchase Agreement • July 21st, 2009 • Stratos Renewables CORP • Industrial organic chemicals • California
This Secured Note And Common Stock Purchase Agreement (this “Agreement”) is made as of July 15, 2009, by and between Stratos Renewables Corporation, a Nevada corporation (the “Company”), I2BF Biodiesel, Ltd. (“I2BF”) and of Blue Day SC Ventures, a joint venture of BlueDay Limited, a business company existing under the laws of the British Virgin Islands and MA Green, a partnership (“Blue Day SC Ventures”) (each, an “Investor” and collectively, the “Investors”).
