SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 1st, 2018 • Ocean Thermal Energy Corp • Electric & other services combined • Nevada
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of May 22, 2018, by and between OCEAN THERMAL ENERGY CORPORATION, a Nevada corporation, with headquarters located at 800 South Queen Street, Lancaster, PA 17603 (the “Company”), and COLLIER INVESTMENTS, LLC, a California limited liability company, with its address at 120 Birmingham Drive, Suite 230, Cardiff, CA 92007 (the “Buyer”).
SECURITY AGREEMENTSecurity Agreement • June 1st, 2018 • Ocean Thermal Energy Corp • Electric & other services combined • Nevada
THIS SECURITY AGREEMENT (this "Agreement"), is entered into as of May 22, 2018, by and between Ocean Thermal Energy Corporation, a Nevada corporation (the "Borrower"), and Collier Investments, LLC, a California limited liability company (the "Secured Party" or "Secured Parties"). All capitalized terms not otherwise defined herein shall the meanings ascribed to them in that certain Securities Purchase Agreement and Note (as defined below) by and between Borrower and the Secured Party of even date (the "Note Purchase Agreement").
