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| 1 | This Agreement is attached as Annex 1 to the Troia 8 EPC Contract. |
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| 2 | The original language version is on file with the Registrant and is available upon request. |
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| 3 | These developments are not reflected in the building right agreement that appears as Annex 1 to the Toria 8 EPC Contract as such EPC Contract was executed prior to the consummation of the agreement with Leasint S.p.A. |
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| 1 Execution date                               | October 13, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
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| 2. Grantor                                     | Mr. Pietrantonio Casoli                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 3 Grantee                                      | House S.r.l.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4. Land and PV Plant  identification | Municipality of Troia (FG), sheet 26, parcel 289, size 2.42.15 hectares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 5. Duration                                    | 1 year (until October 13, 2011)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 6. Extension and Renewal                       | The Grantor grants to the Grantee the option for setting up of a 21-year building right (Option 1), and at the end of the 21 period, a new 4-year building right (Option 2) and another 4-year building right (Option 3)The Consideration for Option 1, Option 2 and Option 3 is equal to Euro 500.00 and has been paid on execution of the building right agreement.The Options may be exercised at any time, respectively, before the termination of the 1 year, 21-year and 4-year building right by executing a unilateral notarial deed.                                                                         |
| 7. Consideration           | The Consideration for the 1-year building right is equal to Euro 8.875.00 and shall be paid within 10 days of execution of the building right agreement.Grantee shall pay an overall amount of Euro 262,500.00 as consideration for the 21-year building right (Option 1), to be paid in 21 annual instalment of Euro 12,500.00 by October 13 of each year. The payment is made in advance for the following year.The consideration for the Option 2 and the Option 3 shall be equal to the last annual instalment increased by 75% of the previous year inflation national rate as resulting by official statistics. |
| 8. Consideration adjustment                    | The annual payment shall be adjusted each year by 75% of the previous year’s inflation national rate as resulting by official statistics.                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| 9. Withdrawal/Termination right (Grantee)      | Starting from the date of execution, the Grantee shall be entitled to withdraw at any time before the expiry date of the agreement. The withdrawal shall be communicated to the Grantor by registered letter.                                                                                                                                                                                                                                                                                                                                                                                                         |

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| 10.Withdrawal/Terminationright (Grantor) | Grantor shall be entitled to terminate the building right agreement in case payment of the Consideration is delayed for more than 6 months.In the case of termination, Grantor shall send a written notice to the Grantee and to the financing entity indicated by the Grantee. Within 60 days of receipt of the abovementioned notice, the financing entity shall be entitled to (i) appoint a third party that will replace the Grantee in the  agreement, or (ii) to inform the Grantor of its intention to cure, directly or through the Grantee, the breach of contact giving rise to the termination. In such events, the Grantor shall be entitled to terminate the building right agreement only by a judicial order and provided that the non-fulfilment has not been cured the within 60 days of the appointment of the third party replacing the Grantee or, as the case may be, of the receipt by the Grantor of the financing entity’s notice. Regardless of any breach of contract by the Grantee, the financing entity shall have the faculty to appoint a third party replacing the Grantee in the event the financing entity has informed the Grantee of its intention to declare the Grantee forfeited from the term for payment (decadenza del beneficio del termine), or to terminate for breach of contract or to withdraw from the loan agreement. |
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| 11. Easements                            | The Grantor agrees to grant and constitute all the easements necessary for the PV Plant to operate and to be constructed on any neighbouring lands owned by the Grantor.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 12. Plant removal                        | Within 6 months following the expiry of the building right, the Grantee shall remove the PV Plant at its own expense.Ownership of the PV Plant shall remain with the Grantee.The Grantee shall pay a monthly amount of Euro 300.00 for each month until final removal of the PV Plant.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 13. Assignment                           | The Grantee shall be entitled, at any time whatsoever, to assign the building right agreement to third parties and/or the rights and obligations arising thereof, sending the relevant notice to Grantors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 14. Pre-emption                          | Should the Grantor decides to sell the Land, it shall send the Grantee notice indicating the terms and conditions for the sale. The Grantee shall be entitled to exercise a pre-emption right for the purchase of the Land by sending a letter within 60 days of receipt of the notice of sale.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 15. Governing Law and Competent Court    | Italian law applies. Exclusive jurisdiction of the court of Lucera.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |

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