Investment Agreement between Bluesphere Corp. and Jelton Finance Corp. dated February 20, 2013
Bluesphere Corp. and Jelton Finance Corp. have agreed that Jelton will invest a total of $50,000 in Bluesphere, paid in three monthly installments from March to May 2013. In return, Jelton will receive 1,000 shares of Bluesphere's common stock for each dollar invested. The shares are restricted and can only be sold under certain legal conditions. The agreement is confirmed by signatures from both parties.
Exhibit 10.3
February 20, 2013
Jelton Finance Corp.
Withfield Tower, 3rd Floor
4792 Coney Drive
PO Box 1777 Belize City
Belize IBC 43707
Re: Investment in Bluesphere Corp.
Dear Jelton Finance Corp:
This will confirm the terms on which you will invest in Bluesphere Corp (“Bluesphere”). You will invest an aggregate of $50,000 in Bluesphere in three instalments as follows: (i) $16,666 in March 2013, (ii) $16,667 in April 2013 and (iii) $16,667 in May 2013. For each dollar you invest, you will receive 1,000 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: | |
| Jelton Finance Corp. | |
| Authorized Signatory |
