ASSIGNMENT AND AMENDMENT AGREEMENTAssignment and Amendment Agreement • January 10th, 2008 • Basin Water, Inc. • Water supply • California
This Assignment and Amendment Agreement (the “Agreement”) is entered into as of December 21, 2007, by and among Basin Water Resources, Inc., a Delaware corporation (“BWRI”), and Empire Water Corporation, a Nevada corporation (“Empire”), Indian Hills Water Conservation Corporation, a California corporation (“IHWCC”), West Riverside Canal Company, a California corporation (“West Riverside”), West Riverside 350 Inch Water Company, a California corporation (“350IWC,” and together with West Riverside, the “Water Companies”), Henry C. Cox II, an individual (“Cox”) and John L. West, an individual (“West,” and together with IHWCC and Cox, the “Seller Parties”). BWRI, Empire, the Water Companies and the Seller Parties are sometimes referred to herein individually as a “party” or together as the “parties”. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in that certain Stock and Asset Purchase Agreement, dated as of May 10, 2007, by and among BWRI
STOCK PURCHASE AGREEMENTStock Purchase Agreement • January 10th, 2008 • Basin Water, Inc. • Water supply • California
THIS STOCK PURCHASE AGREEMENT (the “Agreement”) is entered into as of December 21, 2007 (“Effective Date”), by and between (a) BASIN WATER RESOURCES, INC., a Delaware corporation (together with any assignee thereof, the “Purchaser”), and (b) EMPIRE WATER CORPORATION, a Nevada corporation (the “Company”), and Mr. Alfred Nutt, an individual (“Nutt” or “Stockholder”, and together with the Company, the “Seller”). Purchaser and Seller are sometimes referred to herein individually as a “party” or together as the “parties.”
