Investment Agreement between Dr. Bornstein Ltd. and Bluesphere Corp.
Dr. Bornstein Ltd. agrees to invest a total of $75,000 in Bluesphere Corp. in three monthly installments of $25,000 each, starting in March 2013 and ending in May 2013. In exchange for each $25,000 payment, Dr. Bornstein Ltd. will receive 10,000,000 shares of Bluesphere's common stock. These shares are restricted and can only be sold under certain legal conditions. The agreement is confirmed by signatures from both parties.
Exhibit 10.2
February 19, 2013
Dr. Bornstein Ltd.
18 Reines St.
Tel Aviv, Israel
Re: Investment in Bluesphere Corp.
Dear Dr. Bornstein:
This will confirm the terms on which you will invest in Bluesphere Corp (“Bluesphere”). You will invest an aggregate of $75,000 in Bluesphere in three instalments as follows: (i) $25,000 in March 2013, (ii) $25,000 in April 2013 and (iii) $25,000 in May 2013. For each instalment of $25,000, you will receive 10,000,000 shares of our common stock. These shares will be 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: | |
| Dr. Bornstein Ltd. | |
| Authorized Signatory |
