Investment Agreement between Chen Winterman and Bluesphere Corp. for Common Stock Purchase
Chen Winterman agrees to invest $20,000 in Bluesphere Corp. by purchasing 6,060,600 shares of its common stock. The shares will be delivered after payment is received and are subject to restrictions, meaning they can only be sold under certain legal conditions, such as registration or exemption under U.S. securities laws. The agreement is confirmed by both parties' signatures.
Exhibht 10.5
June 19, 2013
Chen Winterman
Haifa, Israel
Re: Investment in Bluesphere Corp.
Dear Shen:
This will confirm the terms on which you will invest in Eastern Sphere, a 100%-owned subsidiary of Bluesphere Corp (“Bluesphere”). You will invest $20,000 in Bluesphere in exchange for 6,060,600 shares of common stock of Bluesphere. These shares will be delivered to your order promptly after the receipt of the $50,000 restricted and may only be offered or sold pursuant to a registration statement under the Securities Act of 1933, as amended, or an exemption therefrom. Please indicate your acceptance of such terms by counter-signing where indicated below.
| Yours truly, |
| Shlomi Palas, CEO |
| Agreed and accepted: | |
| Chen Winterman | |
