DEBENTURE AGREEMENT WITH CONVERSION PRIVILEGES DUE :  _________, 20__  CORAL SPRINGS, FL 33071 Date ________, 20___ After date and for value received, Clean Coal Technologies, Inc. ("CCTI") promises to pay to the order of  ______________ whose address is __________________,  ________________ the sum of  $__________________ pursuant to the terms hereinafter set forth:  1. SECURITIESPURCHASED.TheHolderhereofhaspurchasedasaninvestment a$__________________________convertibledebenture.Thedebenturemaybeconverted to shares of the common stock of CCTI as further described in the Debenture Agreement.  2. PUBLICCOMPANY.HolderunderstandsthatCCTIispresentlyapublicly traded Pink Sheet company.  3. SENIOR  DEBT. The  debenture  shall  have  a  preference  in  liquidation  to  all obligations except bank debt or secured leases.  Upon a liquidation, dissolution, bankruptcy orreorganization,orsimilartransactionbythecompany,theholdersofthe"seniordebt" would be paid in full before payment would be made on the debentures.  4. SECURITY.   The convertible debenture is not secured by any assets of CCTI.  5. CONVERSION.     Theconvertibledebentureholdermayconvertthedebenture intoCommonStockofthecorporationbyexercisinghisrighttoconversionafterTwelve (12)monthsfromthedateofthisdebentureorextendthedebentureforanother6months at holders option   The effective issue date of the stock will be the date of this debenture. ShouldtheHolderelecttoexercisehisrighttoconversion,theCorporationshallpayany accruedinterestonsaiddebentureandissueit’sCommonStockatapriceof   ____(___) percentofaskpriceatthedateofconversionintheamountofsharesnecessarytosatisfy the debenture. WhenthedebentureexpiresthedebentureHoldermayelecttotakecashonly,cashand stock,orallstock.ThedebentureHolderwilladvisetheCorporationten(10)daysprior, to the due date of the debenture as to the payment method desired.  6. INTEREST.Thisdebentureshallbesubjecttoanannualinterestrateof___% perannumpayableattheduedateofthedebenture.CCTIwillnotbeobligatedtomake interestonlypayments.   TheDebentureisdueinfullincludingallprincipalandaccrued interestonorbefore_____________.Anypaymentsofprincipalandinterestnotpaid when due shall bear interest at a default rate of ___% per annum until paid.    7. CONVERSIONRIGHTS. In  addition  to  the  Conversion  Rights  discussed  in paragraph 4 above, the holder shall have the following rights:  a) ShouldtheHolderelecttoexercisehisrighttoconversion,thecorporation shall  pay  in  cash  upon  delivery  of  the  Stock  Certificate  any  accrued  interest  on  said debenturelessanyvalueofadividendwhichhasbeendeclaredbutnotpaidonthedateof the election to convert.  b) ShouldCCTIatanytimeduring  the  conversion  period  have  a  capital reorganization, merger, consolidation, stock swap or sell substantially all of its assets to any person or corporation, then as part of such merger, consolidation or sale, provision shall be madefortheConversionRightstobeadjustedinsuchamannerastoprovideforthe protectionofsaidrightssoastopermittheconversioninasnearlyequivalentamanneras setforthhereinasispossible.CCTIshallreserveforissuanceuponconversionsufficient, equivalent   recapitalizedequitytomeet   its   obligationshereunderduringtheentire conversion period.  c) UponpresentationtoCCTIatthenoticeaddressof(1)aletterrequesting conversion,  (2)  the  Conversion  Form,  which  is  Exhibit"A"attachedheretoandwhich provides for the cancellation ofthe Debenture upon issuance ofthe Common Stock, and (3) theoriginalDebentureAgreementalldulyexecuted;CCTIshallwithin5businessdays issueacertificatefortheappropriatenumberofsharesandsendsaidcertificatetothe holderpostageprepaid,registeredmail,returnreceiptoranyothermanneragreedtoby the holder and CCTI.  d) AllsharesofCommonStockorothersecuritiesdeliveredupontheexercise of the rights of conversion shall be validly issued, fully paid and non-assessable.  e) Irrespective   of   the   date   of   issuance   anddeliveryof   acertificate   or certificates  for  any  shares  of  Common  Stock  issuable  upon  the  exercise  of  conversion rights,eachperson(includingacorporation)inwhosenameanysuchcertificateor certificatesistobeissuedwillforallpurposesbedeemedtohavebecometheholderof recordoftheCommonStock,thesecurities,and/orpropertyrepresentedtherebyonthe dateonwhichadulyexecutednoticeofexerciseofconversionrightsandthecanceled underlying Debenture is delivered to the Company.  f) The  Holder  is  not,  by  virtue  of  ownership  of  the  convertible  debenture, entitled to any rights whatsoever of a stockholder of the Company.  8. RESTRICTEDSECURITIES/RESTRICTIONONASSIGNMENTS.   The undersignedHolderacknowledgesthatheunderstandsthatthesecuritiesrepresentedby thisConvertibleDebenturehavenotbeenregisteredpursuanttotheSecuritiesActof1933 orpursuanttothelawsoftheStateofFloridaoranyotherstateandthatthecompanyis relyingonexemptionsfromregistrationofthesesecurities.EachDebenture,andcommon share which may be issued as a resultofthe conversion ofthe debenture shall be imprinted with a restrictive legend as follows:  "ThisDebenture(CommonStock)andtherightshereunderhavenotbeen registeredorqualified  under  federalor  state  securities  laws.This  Debenture (CommonStock)maynotbeassignedunlesssoregisteredorqualifiedorunlessan exemptionexists,theavailabilityofwhichistobeestablishedbyissuer©scounselat theholder©sexpense;provided,however,iftheproposedassignmentismadetoa personorentityoutsideoftheUnitedStatesorCanada,andnotforthebenefitof ortoanyU.S.orCanadianperson,theestablishmentbyissuer©scounselofthe availabilityofanexemptionfromregistrationshallnotbenecessaryfortheholder tomakesuchassignmentintheabsenceofachangeofLaworRegulationwhich wouldthenrequireproofofexemptionorregistrationofsuchtransaction.The assigneeunderanysuchassignmentshallbelikewisesubjecttothetermsofthis restriction upon any proposed assignment or transfer". ThisundersignedHolderhereoffurtheracknowledgesthatheispurchasingthisdebenture as an investment and not with an intent to resell.  9. NOTICES.Allnoticesandcommunicationstoanypartytothisdebentureshallbe inwritingandsenttoCleanCoalTechnologies,Inc.,Attn:____________,Presidenet& CEO,  at  12518  W.  Atlantic  Blvd.,  Coral  Springs,  FL  33071,  and  to  the  Holder  at  the addresssetforthbelowtheHolder©ssignatureoratsuchotherplaceasmaybedesignated inwritingbyeitherpartyhereto.Allnoticestooverseasaddressesshallbebytelexor FedEx overnight with confirmation of receipt required.  10. GENERAL.  a) Thisdebentureisbeingdeliveredandisintendedtobeperformedinthe StateofFloridaandshallbeconstruedandenforcedinaccordancewithandgovernedby thelawsofNevada.AllofthetermsofthisAgreementshallbebindinguponandinureto thebenefitofandbeenforceablebytherespectivesuccessorsandassignsoftheparties heretowhethersoexpressedornot,andinparticularshallinuretothebenefitofandbe enforceable  by  any  holder  or  holders  at  the  time  of  the  debentures.    This  Agreement embodiestheentireconvertibledebentureagreementandunderstandingbetweenthe undersignedHolderandthecompanyandsupersedesallprioragreementsand understandings relating to the subject matter hereof.  b) CCTImaynotconsolidateormerge,ortransfer or lease allor substantially allofitsassetstoanothercorporationunlesstheotherentityassumesinwritingallofthe obligations of the Company under the debentures, and that in the case of a transfer or lease ofassets,althoughthesuccessorassumestheobligationsinwriting,theCompanyshallnot be released from its obligations to pay principal or interest on the debentures.  c) Should the holder lose the Debenture or should it be stolen or destroyed, the Companywillissueareplacementuponreceiptofsuchassurancesasmaybereasonably requested by the Company.  d) InterestispayableontheDebenturefromthedateofacceptancebyCCTI whichdateshallnotexceed2businessdaysfromreceiptoftheSubscriptionAgreement with funds.  IfyouagreetotheforegoingtermsoftheConvertibleDebenture,pleasesignthe formintheplaceprovidedforthe"Holder"andprintortypeyourfullname,address, telephonenumberandsocialsecuritynumberandexecutetheattachedsubscription agreement.  No debenture will be accepted without an executed subscription agreement and payment in full which shall not be refundable. DATED  this ___ day of _____________, 20___. ATTEST: _________________________________ President & CEO  CCTI Debenture Agreement ( 9 ) The foregoing debenture with attached warrant is hereby agreed to as of the date hereof. HOLDER: ____________________________ ____________________________ ____________________________ SS Number:  ________________





CCTI Debenture Agreement ( 7c) EXHIBIT  "A" (Attached to the Convertible Debenture dated ___________________ EXERCISE  AGREEMENT  To: Dated: June 30, 2010 The undersigned, pursuant to the Conversion Rights set forth in the attached Debenture hereby agrees to subscribe for and purchase ____________________ shares of the Common Stock covered by such Debenture and makes payment herewith in full therefor by assigning the attached Debenture to Clean Coal Technologies, Inc., thereby canceling said debt. Signature: ___________________________________ ___________________________________ Address:   ___________________________________ ___________________________________