Document:

PROJECT
SAN PAOLO

       

      TRANSFER
AGREEMENT

      

      7
APRIL 2009

      

      Alternative
Solutions Word S.r.l.

       

      and

      
      

      Prime
Sun Power Inc.

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
        Information
marked with an asterisk herein has been omitted and filed separately with the
Commission pursuant to a request for confidential treatment.

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      CONTENTS

      

      
        
          
            
              	
                      Section

                    	
                      Page

                    
	 
      	 
      	 
      
	
                      1.

                    	
                      Definitions

                    	
                      4

                    
	
                      2.

                    	
                      Scope
      of the Agreement

                    	
                      6

                    
	
                      3.

                    	
                      Closing

                    	
                      8

                    
	
                      4.

                    	
                      Post-Closing
      obligations

                    	
                      8

                    
	
                      5.

                    	
                      Final
      Verification and Completion

                    	
                      9

                    
	
                      6.

                    	
                      Price

                    	
                      10

                    
	
                      7.

                    	
                      Further
      Obligations of the Parties

                    	
                      10

                    
	
                      8.

                    	
                      Representations
      & Warranties

                    	
                      11

                    
	
                      9.

                    	
                      Indemnification

                    	
                      12

                    
	
                      10.

                    	
                      Penalty
      Clause

                    	
                      13

                    
	
                      11.

                    	
                      Further
      Obligations of the Parties

                    	
                      13

                    
	
                      12.

                    	
                      Key
      Personnel

                    	
                      14

                    
	
                      13.

                    	
                      Termination

                    	
                      14

                    
	
                      14.

                    	
                      Confidentiality

                    	
                      15

                    
	
                      15.

                    	
                      Force
      Majeure

                    	
                      15

                    
	
                      16.

                    	
                      Notices

                    	
                      15

                    
	
                      17.

                    	
                      Miscellanous

                    	
                      16

                    
	 
      	
                      17.1           Entire
      Agreement

                    	
                      16

                    
	 
      	
                      17.2           Amendments

                    	
                      16

                    
	 
      	
                      17.3           Severability

                    	
                      16

                    
	 
      	
                      17.4           Language

                    	
                      16

                    
	 
      	
                      17.5           Fees

                    	
                      16

                    
	 
      	
                      17.6           Assignment

                    	
                      16

                    
	
                      18.

                    	
                      Governing
      Law

                    	
                      17

                    
	
                      19.

                    	
                      Arbitration

                    	
                      17

                    

            

          

        

      

       

      
        
          
            	
                    Schedule

                  	
                    Page

                  
	 
      	 
      	 
      
	
                    1.

                  	
                    Building
      Lease Call Option Contracts

                  	
                       
      

                  
	
                    2.

                  	
                    Lists
      of Lands

                  	
                    18

                  
	
                    3.

                  	
                    Sample
      Technical project for the PV Plants

                  	
                      
      

                  
	
                    4.

                  	
                    DIAs

                  	
                      
      

                  

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      This
agreement (the “Agreement”) is entered into
on 7-4-09 between:

      

      
        	
                (1)

              	
                Alternative Solutions World
      S.r.l., an Italian Company with registered office in Milan, Via
      Verona n. 9, represented by its sole director Mr. Cristian D’Angiò, duly
      empowered to enter into this Agreement (the “Transferor”);
      and

              

      

      

      
        	
                (2)

              	
                Prime Sun Power Inc., an
      US Company with registered office at 104, Summit Avenue, Summit - NJ
      07902-0080, represented by its Chief Operations Officer, Mr. Frank
      Jürgens, and its Chief Technology Officer, Prof. Cesare Boffa, duly
      empowered to enter into this Agreement (the “Transferee”).

              

      

      

      The
Transferor and the Transferee are hereinafter jointly referred to as the “Parties” and severally as the
“Party”.

      

      WHEREAS

      

      
        	
                (A)

              	
                The
      Transferor is a company specialized in the development of photovoltaic
      energy production plants and is currently involved in a project consisting
      of the construction of fifty eight individual PV Plants in the Lands
      located in San Paolo di Civitate (Foggia - Italy). In relation with
      this, the Transferor:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                entered
      into the Option Contracts with the Landlords of each Land, obtaining the
      right to purchase - at the terms and conditions contained therein and
      subject to all necessary Permits being obtained - the relevant
      Building Lease for the construction and installation of the PV Plants;
      and

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                developed
      the appropriate Plans for each PV Plant, with the main technical features
      as described in the sample project attached hereto as Schedule
      3;

              

      

      

      
        	
                 
      

              	
                (iii)

              	
                acquired
      all the required Permits for the building and operation of all PV
      Plants.

              

      

      

      
        	
                (B)

              	
                The
      Transferor represented to the Transferee that, pursuant to Italian and
      Puglia’s Regional applicable laws and regulations, the construction and
      operation of the PV Plants shall not be subject to any mandatory
      environmental assessment (V.I.A Valutazione Impatto Ambientale or
      Autorizzazione Unica).

              

      

      

      
        	
                (C)

              	
                The
      Parties carried out appropriate verifications about the ownership of the
      Lands by the Landlords and ascertained
that:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                the
      Lands listed at numbers 26 to 30 in Schedule 2 are
      not currently registered with the Registro Immobiliare
      (“public register of real estates”) in the name of the relevant
      Landlords; and

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                various
      Encumbrances, including mortgages, liens and diritti di livello
      (“Level
      Rights”) have been registered with respect to Lands listed at
      numbers 5, 6 and 8 to 26 in Schedule 2 before the signing of
      the Option Contracts.

              

      

      

      
        	
                (D)

              	
                The
      Transferor has represented to the Transferee his availability to, in the
      interest of the Transferee, (i) clear the Lands from any ownership problem
      and Encumbrance, if any, and (ii) carry out all the necessary activities
      to obtain the STMGs for each of PV
Plants.

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                (E)

              	
                Subject
      to the attainment of the STMGs and based on the representations made by
      the Transferor, the Transferee is interested in entering into the project
      by acquiring from the Transferor all relevant rights relating to the
      Option Contracts, the Plans and the Permits in order to purchase the
      Building Leases from the Landlords relating to the Lands and to build and
      operate the fifty eight individual PV Plants according to the terms and
      conditions set forth in this Agreement (the “Project”).

              

      

      

      IT IS AGREED as
follows:

      

      
        	
                1. 

              	
                DEFINITIONS

              

      

      

      
        	
                1.1

              	
                The
      Parties agree that, unless otherwise specified in this Agreement, the
      following terms and expressions shall have the following
      meaning:

              

      

      

      “AEEG” means the Italian Autorità per l’ Energia Elettrica e
il Gas established under law no. 481/1995.

      

      “Agreement” means this
Agreement together with its Schedules.

      

      “Building Lease” means the
diritto di superficie
right under Articles 952 and following of the Italian civil code.

      

      “Building Lease Contracts” has
the meaning set out under Article 2.1 of this Agreement.

      

      “Business Day/Days” means a
day (except for a Saturday or a Sunday) on which banks are generally open in
Foggia for normal business.

      

      “Claim” means a claim,
proceeding or other matter in respect of which the Transferor agreed to
indemnify and hold harmless the Transferee under Article 9.1.

      

      “Closing” means the
performance by the Parties of all activities under Article 3.

      

      “Completion” has the meaning
set out under Article 5.3.

      

      “DIAs” means the fifty eight
Denuncia d’Inizio
Attività (as per Articles 22 and following of the Presidential decree no
380/2001) filed by the Transferor with the Municipality for the PV Plants with
the relevant Plans and attached hereto as Schedule
4.

      

      “Encumbrances” means any
claims, interest, option or pre-emption right or other rights of any parties,
charges, pledges, mortgages, security, actions, liens, or any other encumbrances
and the like, of any nature whatsoever.

      

      “Final Verification” has the
meaning set out under Article 5.1 of this Agreement.

      

      “Key Persons” means the
persons of (i) Mr. Cristian D’Angiò, born in Lendinara (RO) on 31-March 1979 and
with residence in Via Verona n.9 Milano ; (ii) Mr. Alessandro D’Angiò, born in
Lendinara (RO) on 31-March 1979 and with residence in C.da Zaccara Via per
Palmori km 9 sp 21 Lucera (FG); (iii) Mr. Thomas Weis, born in Bolzano (BZ) on
26-Febbruary 1980 and with residence in via Penegal 24 Caldaro
(BZ).

      

      “Landlords” means the owners
of the plots of land where the PV Plants will be built who signed the Option
Contracts.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      “Lands” means the plots of
land located in the municipality of San Paolo di Civitate and listed in Schedule
2.

      

      “Lands’ Clearance” means the
full clearance of any ownership inconsistency with respect to the Option
Contracts and the cancellation of any Encumbrance relating to the Lands listed
in Premise (C) pursuant to Article 2.3 below.

      

      “Liability” and/or “Liabilities” mean the amount of any loss, damages,
sanctions, demands, claims, liabilities, costs, penalties, expenses and/or any
other kind of damages, whether accrued or contingent.

      

      “Municipality” means the
municipality of San Paolo di Civitate, with seat in San Paolo di Civitate (FG -
Italy), Largo Municipio, 1.

       

      “Municipality
Acknowledgement” has
the meaning set out under Article 2.4 of this
Agreement.

       

      “Municipality Agreement” has
the meaning set out under Article 2.4 of this Agreement.

      

      “Option Contracts” means the
Building Lease call option agreements entered into between the Transferor and
the Landlords and attached to this Agreement as Schedule 1 hereto, as
eventually modified and replaced as provided under Article 2.2.

      

      “Permits” means all permits
required to build and operate the PV Plants, including DIAs and any further
permit, license, registration, filing, variance, exemption, consent, approval,
franchise and authorization by or of any local, regional, public or governmental
authority and/or any third party.

      

      “Plans” means all the plans
and technical documents of the PV Plants drafted by the Transferor, which have
been developed the stage of progetto definitivo (“final
plan”) and filed with the DIAs.

      

      “Price” means the
consideration to be paid to the Transferor at the terms and conditions contained
in this Agreement pursuant to Article 6.

      

      “Project” has the meaning as
specified under Premise (E).

      

      “Public Notary” means the
public notary designated by the Transferee in Foggia.

      

      “Public Incentives” means the
awarding of the “Nuovo Conto
Energia” feed-in tariff as provided by Ministerial Decree 19 February
2007 and AEEG’s resolution no. 90/2007.

       

      
        “PV
Plants” means the fifty eight individual photovoltaic energy production
plants to be built on the Lands, having a nominal installed power of 0.996 MWp
each and the minimum technical features and specifications described at Schedule
3.

         

      

      “Signing” means the signing of
this Agreement, together with all its Schedules.

      

      “Schedules” means the
schedules to this Agreement.

      

      “STMGs” means all the
necessary technical solutions - including the Soluzione Tecnica Minima
Generale drafted by the competent energy grid manager - for the several
connection of all the PV Plants to the local energy grid.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      “Warranties” means the representations and warranties of
the Transferor under Article 8.

      

      
        	
                2.

              	
                SCOPE
      OF THE AGREEMENT

              

      

      

      
        	
                2.1

              	
                Upon
      the terms and subject to the conditions set forth in this Agreement, at
      Closing, the Transferor undertakes to cause all the Landlords to enter
      into the Building Lease Contracts with the Transferee and to transfer to
      the Transferee, who accepts, the Permits and the Plans. Without prejudice
      for the right of the Transferee not to proceed to Closing, the Parties
      expressly agree that the Transferor shall not be liable in case it proves
      that is has performed all reasonable acts and taken all reasonable actions
      to obtain the entering into the Building Lease Contracts by the
      Landlords.

              

      

      

      
        	
                2.2

              	
                The
      Building Lease Contracts shall be in the form and shall contain the terms
      and conditions deemed appropriate by the Public Notary and satisfactory to
      the Transferee in order to obtain the registration of the Transferee’s
      rights under the Option Contracts in the name of the Transferee pursuant
      to Article 2645bis of the Italian civil code or in any other form as
      agreed by the Parties before Closing. It is understood that, except where
      differently agreed by the Parties before Closing, the terms and conditions
      contained in the Building Lease Contracts shall be fully consistent with
      those contained in the Option Contracts and, in addition, shall (i) be
      conditional with respect to the exercise of the call option (or call
      option-like) right by the Transferee and (ii) generally keep the
      Transferee free from any obligation unless such right is effectively and
      finally exercised. Upon execution of the Building Lease Contracts, the
      Transferee shall pay to the Landlords a lump-sum up to a maximum amount
      of [___]* per hectare, as a compensation for the notarial
      reproduction of the Option Contracts, provided that such compensation
      shall be deducted from the first rent to be paid to each of the Landlords
      should the Transferee subsequently acquire the relevant Building lease.
      All expenses related to the execution of the Building Lease Contracts
      shall be entirely borne by the
Transferee.

              

      

      

      At least
10 Business Days before the Closing, the Transferor will receive a copy of the
Building Lease Contracts, which will be made at the Public Notary’s
office.

      

      
        	
                2.3

              	
                With
      respect to the Lands listed in Premise (C), in respect to which the
      Parties has ascertained the existence of certain Encumbrances or
      inconsistencies, upon Signing, the Transferor shall start at its own
      expenses all necessary and reasonable procedures in order to obtain within
      the Final Verification from the Landlords the Lands’ Clearance or the
      express commitment in writing of the Landlords and the relevant
      counterparties (including banks) to obtain the full clearance prior or at
      Completion for all the Lands. In case the Lands’ Clearance or the above
      mentioned express commitment in writing is not obtained totally or
      partially by the Landlords prior to Closing, the Transferee shall have the
      right to postpone, at its sole discretion, the execution of the relevant
      Building Lease Contract, provided that the Transferor shall (i)
      immediately transfer to the Transferee the relevant Option Contract and
      (ii) cause the Building Lease Contract to be entered into by the Landlords
      upon request of the Transferee and within 10 (ten) Business Days from such
      request. The Transferor shall promptly notify the Transferee in writing
      upon full Lands’ Clearance or obtainment of the above mentioned
      commitments in writing. Without prejudice for the rights of the Transferee
      under Articles 5.2 and 13.2, the Parties expressly agree that the
      Transferor shall not be liable for damages in case it proves that is has
      performed all reasonable acts and taken all reasonable actions to obtain
      the Lands’ Clearance.

              

      

       

      
        *This
information has been omitted and filed separately with the Commission pursuant
to a request for confidential treatment.

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                2.4

              	
                The
      transfer of the DIAs shall be executed by means of written notification by
      the Transferor to the Municipality, according to applicable laws and
      regulations, duly notified for acknowledgement to the Municipality within
      five Business Days from Closing (the “Municipality
      Acknowledgement”). Prior to Closing, the Transferor shall enter
      into - in the interest of the Transferee and with respect to each DIAs - a
      new agreement with the Municipality providing
  for:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                the
      obligation of the DIAs’ beneficiary to pay to the Municipality at the date
      of start of the building works relating to each PV Plant a lump sum up
      to [___]* for each PV Plant subject to all Permits been obtained. In
      case the works are not started prior to 31 December 2009, on or before
      such date and without joint liabilities between the
    Parties:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                the
      Transferee shall anticipate, as an advanced and refundable payment, to the
      Municipality 50% of the above lump sum for each PV Plant;
    and

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                the
      Transferor shall anticipate, as an advanced and refundable payment, to the
      Municipality the remaining 50% of such
amount.

              

      

      

      Upon (1)
Completion and (2) starting of the building works relating to each PV Plant, the
Transferee shall refund to the Transferor all amounts paid by the Transferor
under point (ii) above with respect to such PV Plant.

      

      The
Municipality shall undertake to (1) repay to each Party within 31 December 2010
all advanced payments made with respect to the PV Plants for which the works are
not started within such term, provided that the works are not started for
reasons beyond the Transferee’s reasonable control (the Repayable Amounts) or (2) to
deduct the Repayable Amounts from any amount due by the Transferee to the
Municipality under letter (b) below, if any.

      

      The
Parties agree that all advanced payments made by the Transferor with respect to
a PV Plant under this letter (a) shall be refunded by the Transferee to the
Transferor in case (1) Completion occurs with respect to such PV Plant and (2)
the building works relating to such PV Plant are not started by the Transferee
notwithstanding the existence of all material preconditions including the
Permits.

      

      
        	
                 
      

              	
                (b)

              	
                the
      obligation of the DIAs’ beneficiary to pay to the Municipality an yearly
      compensation of [___]* per year per each PV Plant starting from the
      date of entry into operation of the PV Plant and up until the duration of
      the Public Incentives;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                the
      termination of the obligation under letter (b) above as from the date the
      DIAs’ beneficiary, directly or indirectly or through any third party,
      undertakes to build a factory producing and/or assembling solar panels and
      electrical components in the area;

              

      

      

      (the
“Municipality
Agreement”).

      

      
        	
                2.5

              	
                The
      Parties expressly acknowledge that the Transferee shall have the right to
      exercise the option for the acquisition of the Building Lease for each
      Land totally or partially on the basis of the effective needs - which
      shall be consistent with the Plans - relating to each PV Plant and the
      relevant rent shall be calculated
accordingly.

              

      

      
         

        *This
information has been omitted and filed separately with the Commission pursuant
to a request for confidential treatment.

      

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
        	
                3.

              	
                CLOSING

              

      

      

      
        	
                3.1

              	
                Closing
      shall take place at the offices of the Public Notary within 45 days from
      the Signing, or on such other date as the Parties may hereafter determine
      by mutual written agreement. In case Closing does not occur within this
      term, this Agreement shall be automatically
  terminated.

              

      

      

      
        	
                3.2

              	
                At
      Closing:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                the
      Transferee and the Landlords shall execute before the Public Notary the
      Building Lease Contracts pursuant to Article 2.2 and subject to Article
      2.3, accompanied by the notarial transcription needed for the registration
      of the relevant Transferee’s rights with the Registro Immobiliare
      (Italian public registry of real
estates);

              

      

      

      
        	
                 
      

              	
                (b)

              	
                the
      Transferee shall pay to each Landlord with whom a Building Lease Contract
      has been entered into the lump-sum provided under Article
    2.2;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                the
      Transferor shall deliver to the Transferee originals of the DIAs, of any
      other Permit and Plan relating to the
Project;

              

      

      

      
        	
                 
      

              	
                (d)

              	
                the
      Transferee shall pay to the Transferor the first instalment of the Price
      as provided under Article 6.1(a);
and

              

      

      

      
        	
                 
      

              	
                (e)

              	
                the
      Transferor shall deliver to the Transferee the Municipality Agreement duly
      signed by the Municipality.

              

      

      

      
        	
                3.3

              	
                All
      actions and transactions constituting the Closing as described in this
      Article 3 shall be regarded for the purposes of the Closing as one and
      single transaction so that, at the option of the Party having interest to
      the carrying out of the specific action or transaction, no action or
      transaction shall be deemed to have taken place unless and until all other
      actions and transactions constituting the Closing shall have taken place
      as provided in this Agreement.

              

      

      

      
        	
                4.

              	
                POST-CLOSING
      OBLIGATIONS

              

      

      

      
        	
                4.1

              	
                Upon
      Closing, the Transferor shall start all necessary activities in order to
      accomplish all filings and procedures required to obtain the necessary
      STMGs for all the PV Plants and for their entire nominal power of 0.996
      MWp each, and shall obtain the STMGs within the terms set forth below. To
      that purpose, the Transferor, upon issuance of written power of attorney
      to this effect by the Transferee in favour of the Transferor
      shall:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                prepare,
      on behalf of the Transferee, all the appropriate requests and document in
      full compliance with the Italian applicable laws, rules and regulations
      (including the technical specifications envisaged by the latest AEEG’s
      regulations);

              

      

      

      
        	
                 
      

              	
                (b)

              	
                file
      such document on behalf of the Transferee with the competent energy grid
      manager;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                take
      care of the procedure for the release of the STMGs, acting in full
      compliance with the procedural rules provided by the applicable laws, up
      until its final and positive
completion.

              

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      The
filing with the competent energy grid manager shall be completed/applied by the
Transferor within the term of 30 days from Closing - or within any following
term as granted by the Transferee at its sole discretion. The Transferor shall
do its maximum efforts in order to get the STMG within the time foreseen by the
law; in case of delays caused by the Authority or force majeure the Transferor
will not be responsible.

      

      
        	
                4.2

              	
                In
      case the Lands’ Clearance is not obtained with respect to all or part of
      the Lands listed in Premise (C), the Transferor shall continue to perform
      all activities under Article 2.3 within the term set forth
      therein.

              

      

      

      
        	
                4.3

              	
                All
      costs and expenses relating to the activities provided under this Article
      4 shall be entirely borne by the
Transferor.

              

      

      

      
        	
                4.4

              	
                The
      Transferor shall promptly notify the Transferee in writing upon obtainment
      of all STMGs pursuant to Article 4.1 and full Land’s Clearance (or
      obtainment of the express commitments in writing pursuant to Article 2.3)
      (if applicable) and shall delivery to the Transferee all the relevant
      documents.

              

      

      

      
        	
                5.

              	
                FINAL
      VERIFICATION AND COMPLETION

              

      

      

      
        	
                5.1

              	
                From
      the date of receipt of the notice under Article 4.4 above and for a period
      of 20 Business Days starting from that date, the Transferee shall have the
      right to conduct a legal and technical due diligence to verify the correct
      and final and valid granting of the STMGs pursuant to Article 4.1 and,
      where applicable, the Land’s Clearance (the “Final Verification”). To this effect, the Transferor shall
      provide the Transferee and its advisors with full access to the STMGs and
      all other documents and information relating to the Lands’ Clearance and
      the Project as may be reasonably required by the
    Transferee.

              

      

      

      
        	
                5.2

              	
                Upon
      completion of the Verification to be made within the deadline term under
      Article 5.1, should any of STMGs be, totally or partially, not valid or
      any Lands’ Clearance be not fulfilled, also with respect to part of the PV
      Plants or the Lands, the Transferee shall have the right to, in addition
      to any other remedy provided for by the
law:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                terminate
      this Agreement in its entirety pursuant to Article 13.2 in case the number
      of non compliant PV Plants is higher than 8 (eight) PV Plants;
      or

              

      

      

      
        	
                 
      

              	
                (b)

              	
                proceed
      to the Completion only with respect to the PV Plants in relation to which
      the STMGs are fully valid or the Lands’ Clearance has fully
      occurred - eventually postponing Completion with respect to the other
      PV Plants.

              

      

      

      
        	
                5.3

              	
                Upon
      satisfactory completion of the Final Verification, the Transferee shall
      definitively acquire, by entering into appropriate public transfer deeds
      with the Landlords, all Building Leases or - in the case provided at
      Article 5.2(b) above - part of the Building Leases pursuant to
      the relevant Building Lease Contracts (the “Completion”). Completion shall occur within 20 days
      from the date the Final Verification is satisfactorily completed pursuant
      to the deadline term under Article 5.1. The Parties expressly agree that
      Completion shall be deemed to have occurred on the first day after the
      expiration of such term in case the Building Leases or - in the case
      provided at Article 5.2(b) above - part of the Building Leases are not
      entered into by the Transferee within such term and pursuant to the
      relevant Building Lease Contracts for any reason different from a breach
      by the Landlords’ of their obligations under the relevant Building lease
      Contract and directly attributable to the Transferee. In the event under
      Article 5.2(b) or should (i) any of the Landlords be in breach of its
      obligations under the Building Lease Contracts or (ii) the Lands’
      Clearance is not performed by the Landlords at Completion, the Transferee
      shall have the right to postpone Completion with respect to the relevant
      PV Plants until all the relevant preconditions are
    satisfied.

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      
        	
                5.4

              	
                The
      Parties agree that in case the Transferee decides not to proceed with
      Completion with respect to one or more PV Plants according to the above,
      Article 13.2 shall apply, mutatis mutandis and
      accordingly, with respect to such PV Plant provided that article 13.2(c)
      shall eventually apply pro rata and
      proportionally.

              

      

      

      
        	
                6.

              	
                PRICE

              

      

      

      
        	
                6.1

              	
                As
      consideration for the proper implementation of the Project, the Transferee
      shall pay to the Transferor a Price equal to [___]* as
      follows:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                [___]* shall
      be paid in cash, as an advance payment, at
  Closing;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                [___]* shall
      be paid in cash, upon filing of all the STMGs’ by the Transferor pursuant
      to Article 4.1, within 5 (five) Business Days from the receipt by the
      Transferee of the documents giving evidence of such
  filing.

              

      

      

      
        	
                6.2

              	
                The
      payment of the Price shall be made by irrevocable wire transfer in
      immediately available funds into the bank account of the Transferor, on or
      before the date the payment is due for value on that date. The details of
      the account shall be notified in advance by the Transferor to the
      Transferee. The Price will be subject to taxation, payable by Transferee
      pursuant to applicable laws and
regulations.

              

      

      

      
        	
                7.

              	
                FURTHER
      OBLIGATIONS OF THE PARTIES

              

      

      

      
        	
                7.1

              	
                Before
      entering into the relevant contracts for the building of the PV Plants and
      in any case before starting the building works of the PV Plants, the
      Transferee shall do its best effort to enter into an arm’s length
      Engineering Procurement Construction (the “EPC”) contract concerning the
      PV Plants and into an arm’s length Operation & Maintenance (the
      “O&M”) contract of the PV Plants with the Transferor or any other
      company indicated by the latter, at terms and conditions which are
      customary for these kind of agreements, subject to approval by the
      financial institutions financing the
Project.

              

      

      

      
        	
                7.2

              	
                Upon
      request of the Transferee, the Transferor shall provide directly or
      through any third party custody and surveillance services to the PV Plants
      on an arm’s length basis and at terms and conditions which are customary
      for these kind of services.

              

      

      

      
        	
                7.3

              	
                Should
      the Transferee, for any reason, do not enter into the EPC and O&M
      contracts with the Transferor and obtain from third parties better terms
      and conditions than those offered by the Transferor, the Transferee shall
      do its best efforts to cause such third parties to apply the same terms
      and conditions to the Transferor for other projects, similar to the
      Project and even if they concern the implementation by the Transferor of a
      single PV Plant of 1 (one) MW, in the Foggia
  territory.

              

      

      
         

        *This
information has been omitted and filed separately with the Commission pursuant
to a request for confidential treatment.

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      
        	
                8.

              	
                REPRESENTATIONS
      & WARRANTIES

              

      

      

      
        	
                8.1

              	
                The
      Transferor represents and warrants to the Transferee that each of the
      statements set out below is true, accurate and complete in all material
      respects at the date of Signing and will also be true, accurate and
      complete at Closing and at
Completion.

              

      

      

      
        	
                 
      

              	
                (a)

              	
                Capacity

              

      

      

      
        	
                 
      

              	
                (i)

              	
                The
      Transferor is a corporation validly existing under the laws of Italy with
      the requisite power and authority to enter into and perform, and has taken
      all necessary corporate actions to authorise the execution and performance
      of its obligations under this
Agreement.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                Permits:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                the
      DIAs, are true, comprehensive, adequate and sufficient in order to allow
      the Transferee to legitimately and unconditionally build and operate the
      PV Plants in accordance with this Agreement and the Plans and without any
      further authorization procedure;

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                no
      Permits, other than the STMGs or the transfer of DIAs or the permits
      listed in the STMGs (Preventivi) - provided
      that such permits as listed in the in STMGs (Preventivi) shall not
      prevent the right of the Transferee to build and operate the PV Plants
      according to this Agreement-, have to be required or obtained by the
      Transferee in order to build and operate the PV Plants in accordance with
      this Agreement and the Plans.

              

      

      

      
        	
                 
      

              	
                (iii)

              	
                no
      specific environmental assessment procedures (including the “Studio Impatto
      Ambientale” - SIA and/or the “Valutazione d’Impatto
      Ambientale” - VIA) have to take place with respect to the PV Plants
      for allowing their building and installation in accordance with this
      Agreement and the Plans;

              

      

      

      
        	
                 
      

              	
                (iv)

              	
                all
      plans of the PV Plants approved to obtain the Permits are designed in
      compliance with all the applicable laws and
  regulations;

              

      

      

      
        	
                 
      

              	
                (v)

              	
                the
      DIAs are freely and unconditionally transferable to the
      Transferee;

              

      

      

      
        	
                 
      

              	
                (vi)

              	
                in
      the best knowledge of the Transferor, there are not facts or circumstances
      which can cause directly the revocation of the
  DIAs;

              

      

      

      
        	
                 
      

              	
                (vii)

              	
                no
      amount of any nature whatsoever has to be paid by the Transferee to any
      public or private entity - or, in general, to any third party - for the
      availability of the Lands, the validity of the Permits and the right to
      build and operate the PV Plants, except
for:

              

      

      

      
        	
                 
      

              	
                (A)

              	
                the
      rent to be paid to the Landlords under the Building Lease Contracts,
      and

              

      

      

      
        	
                 
      

              	
                (B)

              	
                the
      compensation eventually due to the Municipality pursuant to the
      Municipality Agreement.

              

      

      

      
        	
                 
      

              	
                (c)

              	
                STMGs:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                at
      Completion, the STMG will be valid, executable and enforceable under
      Italian laws and regulations;

              

      

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (ii)

              	
                as
      from the Completion date and for the entire period of their validity under
      the applicable laws and regulations, the connection of the PV Plants to
      the power grid will be possible as envisaged in the STMGs for their entire
      nominal power of 0,996 MWp each;

              

      

      

      
        	
                 
      

              	
                (iii)

              	
                in
      the best knowledge of the Transferor there are not facts or circumstances
      which may directly impede the issuance of the
  STMG.

              

      

      

      
        	
                 
      

              	
                (d)

              	
                Public
      Incentives:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                the
      PV Plants, if built in accordance with the Permits within 14 months as
      from the date of Completion, will have the free and unconditional right to
      be awarded of the Public Incentives for their entire energy
      production.

              

      

      

      
        	
                 
      

              	
                (e)

              	
                Intellectual
      property and third party’s rights

              

      

      

      
        	
                 
      

              	
                (i)

              	
                all
      Plans, documents and information provided by the Transferor to the
      Transferee in relation to the Project, including reports and technical
      documents do not infringe any third party’s intellectual property
      right;

              

      

      

      
        	
                 
      

              	
                (ii)

              	
                the
      Transferor has not entered into any agreement, orally or in writing, with
      any third party which can affect or limit in any way the rights of the
      Transferee under this Agreement or the right of the Transferee to build
      and operate the PV Plants in accordance with this Agreement and the
      Plans.

              

      

      

      
        	
                 
      

              	
                (f)

              	
                Completeness
      of information:

              

      

      

      
        	
                 
      

              	
                (i)

              	
                all
      information contained in the Warranties and in the Schedules, as well as
      all information given to the Transferee also through its professional
      advisors during the negotiations prior to this Agreement and study of the
      Project, is true, fairly presented and there is no fact or matter which
      has not been disclosed which renders any such information untrue,
      incomplete or misleading and there is no fact or matter concerning the
      Transferor, the Project, the Option Contracts, the Lands, the PV Plants,
      the DIAs or the STMGs which has not been disclosed to the Transferee which
      should have been disclosed in the context of a good faith
      negotiation.

              

      

      

      
        	
                9.

              	
                INDEMNIFICATION

              

      

      

      
        	
                9.1

              	
                In
      addition and without limitation to any other remedy provided by applicable
      law, the Transferor agrees to indemnify and hold harmless the Transferee
      from any and all Liabilities suffered or incurred by the Transferee, as a
      result of or arising from:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                any
      of the Warranties being totally or partially untrue, inaccurate, not
      complete or misleading; and

              

      

      

      
        	
                 
      

              	
                (b)

              	
                any
      Transferor’s breach of its obligation under this
  Agreement.

              

      

      

      
        	
                9.2

              	
                If
      the Transferee becomes aware of a matter or circumstance which is likely
      to give rise to a Claim, the Transferee shall give a written notice to the
      Transferor specifying that matter or circumstance in reasonable detail,
      and setting out such other facts as the Transferee deems necessary, as
      soon as reasonably practicable after it becomes aware of that matter or
      circumstance.

              

      

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      
        	
                9.3

              	
                If
      any third party makes claim against Transferee directly or indirectly
      relating to any breach of the Warranties, the Transferee shall give notice
      to the Transferor describing the claim in reasonable detail, and setting
      out such other facts as the Transferee deems necessary, as soon as
      reasonably practicable after it becomes aware of such claim or threatened
      claim. In such case the Transferee shall, by taking into consideration the
      interests of the Transferor, take all reasonable measures to mitigate the
      amount of damages. These reasonable measures include e.g. the consultation
      between the Parties or their lawyers regarding the strategy to be used to
      defend the relevant third party or any settlement of such third party
      claims.

              

      

      

      
        	
                9.4

              	
                The
      indemnity obligations of the Transferor contained in Article 9 of this
      Agreement shall survive Completion until the end of the third year after
      Completion. It is agreed that, in the event of a Claim, the indemnity
      obligations contained in this Agreement, pursuant to which such Claim has
      been made, the corresponding limitation of liability in respect of any
      indemnification relating thereto and the corresponding guarantee therefore
      pursuant to this Agreement, will continue to survive, with regard to the
      specific matter subject to and for the amount of that specific Claim
      beyond the relevant terms indicated above, until the relevant Claim has
      been resolved pursuant to this Agreement. It is further agreed that in
      relation to each Claim, the liability of the Transferor in respect of such
      Claim shall in any event terminate if proceedings in respect of it have
      not been commenced within 1 (one) year after the giving of notice of that
      Claim as described in this
Agreement.

              

      

      

      
        	
                10.

              	
                PENALTY
      CLAUSE

              

      

      

      
        	
                10.

              	
                In
      addition and without limitation to any other remedy provided by applicable
      law and for additional damages suffered by the Transferee, in case of
      breach by the Transferor of its obligations to perform the activities
      under Article 4.1 within the terms set out therein, the latter shall pay
      to the Transferee, according to Article 1382 of the Italian Civil Code, a
      penalty of [___]* per each day of delay until such obligations have
      been performed or the Agreement is terminated for whatsoever
      reason.

              

      

      

      
        	
                11.

              	
                FURTHER
      OBLIGATIONS OF THE PARTIES

              

      

      

      
        	
                11.1

              	
                After
      Closing and up until the completion of the Project, the Transferor shall
      continue providing the Transferee with appropriate support about the
      following:

              

      

      

      
        	
                 
      

              	
                ·

              	
                advise
      the Transferee for all the relationships with the Municipality and any
      other local authority or market player;
and

              

      

      

      
        	
                 
      

              	
                ·

              	
                assist
      the Transferee in selecting the appropriate operation, maintenance and
      security policies to be adopted for the PV Plants after they’ve become
      operational.

              

      

      

      
        	
                11.2

              	
                The
      Transferee shall keep the Transferor as its sole representative in dealing
      with the Municipality, except in case of any breach by the Transferor of
      its obligations under this
Agreement.

              

      

      
         

        *This
information has been omitted and filed separately with the Commission pursuant
to a request for confidential treatment.

      

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      
        	
                11.3

              	
                The
      consideration for the obligations set forth at Article 11.1 above is
      included in the Price.

              

      

      

      
        	
                11.4

              	
                Any
      further activity carried out by the Transferor for and on behalf of the
      Transferee after Closing, upon explicit and separate engagement by the
      latter, will be
paid separately.

              

      

      

      
        	
                12.

              	
                KEY
      PERSONNEL

              

      

      

      
        	
                12.1

              	
                The
      Transferor declares and undertakes not to allow any of the Key Persons to
      cease their current offices in its organization up until the Project
      completion.

              

      

      

      
        	
                12.2

              	
                Should
      any of the Key Persons cease his office in the Transferor’s organization
      as a consequence of facts beyond the Transferor’s control, it shall
      appoint a new officer with substantially equal (or greater) skills within
      15 days from the officer’s cessation
date.

              

      

      

      
        	
                13.

              	
                TERMINATION

              

      

      

      
        	
                13.1

              	
                Without
      prejudice to Article 9, in case of breach by the Transferor of any of its
      obligations under Article 4.1, the Transferee shall have the right to
      immediately terminate this Agreement by serving a written notice to the
      Transferor and without prejudice for any Transferee’s right for damages,
      including all costs and expenses incurred by the Transferee to implement
      the Project.

              

      

      

      
        	
                13.2

              	
                Without
      prejudice for the right of the Transferee to receive damages in case of
      breach of the Transferor’s obligations under this Agreement and without
      prejudice for what is provided under Article 9, in case (i) Completion
      does not occur - for any reason not depending on Transferee’s breach of
      its obligation under this Agreement - within 31 December 2009 (such term
      to be eventually postponed by the Transferee for a further period of up to
      6 months at its sole discretion) or (ii) prior or at Completion any of the
      Warranties is materially untrue or incorrect, or (iii) the amount and the
      duration of the Public Incentives will be - prior or at Completion -
      respectively minor to the sum and to the period envisaged by the
      applicable laws and regulations at Signing, the Transferee shall have the
      right to immediately terminate this Agreement, with respect to all or part
      of the PV Plants, by serving written notice to the Transferor. Upon such
      termination:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                any
      obligation of the Transferee under this Agreement, including - subject to
      letter (c) below - the obligation to pay the Price shall be considered
      totally or partially as the case may be as null and void;
    and

              

      

      

      
        	
                 
      

              	
                (b)

              	
                except
      in case of breach by the Transferor of any of its obligations under this
      Agreement or of the Warranties, the Transferee shall transfer back to the
      Transferor the rights under the relevant Building Lease Contracts or
      Option Contracts, as the case maybe, and the relevant DIAs, Plans and
      STMGs, where applicable, within 10 (ten) Business Days upon written
      request of the Transferor and prior payment of all relevant lump sums paid
      to the Landlords pursuant to Article 2.2;
and

              

      

      

      
        	
                 
      

              	
                (c)

              	
                the
      Transferor, except in case such termination is caused by a breach of the
      Transferor’s obligations under this Agreement, shall have the right to
      retain - as compensation for the suffered costs and expenses - the Price
      eventually paid by the Transferee pursuant to this Agreement. It is
      understood that in case such termination is caused, directly or
      indirectly, by a breach of the Transferor’s obligations under this
      Agreement, the Transferor, without prejudice for any Transferee’s right
      for damages, shall immediately reimburse to the Transferee all payments
      made as Price and all costs and expenses suffered in relation to the
      Project, including the lump sums paid to the Landlords pursuant to Article
      2.2 if not previously reimbursed under letter (b)
  above.

              

      

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

      
        	
                14.

              	
                CONFIDENTIALITY

              

      

      

      
        	
                14.1

              	
                Without
      the prior written consent of the other Party, the Parties expressly
      undertakes to treat as strictly confidential and not disclose to any third
      party, except to its affiliates, advisors and or third party to which the
      information have to be transferred for the implementation of the Project,
      this Agreement and its content as well as any information concerning the
      Project received in connection with the performance of the Agreement,
      provided that the Transferee shall be free to (i) make any public
      announcement on the Project without the need to obtain the prior
      agreement/authorization of the Transferor, (ii) to transfer any
      confidential information relating to this Agreement or the Project to its
      investors and to any third party directly or indirectly involved in the
      Project (including advisors, third party contractors, financial
      institutions and in general any third party to which the information have
      to be transferred for the implementation of the
  Project).

              

      

      

      
        	
                14.2

              	
                The
      confidentiality obligation provided under Article 14.1 above shall not
      apply to information which:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                is
      or becomes publicly known through no wrongful act of one of the
      Party;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                is
      received without restriction from a third party without breach of any
      obligation of non-disclosure;

              

      

      

      
        	
                 
      

              	
                (c)

              	
                is
      independently developed by one of the Party as shown to the satisfaction
      of the other Party by written records;
or

              

      

      

      
        	
                 
      

              	
                (d)

              	
                is
      required to be disclosed under the applicable laws, rules or regulations
      or in order to duly perform the obligations provided in the
      Agreement.

              

      

      

      
        	
                14.3

              	
                The
      obligations contained in this Article shall survive for 5 (five) years
      after termination or ceasing of this
Agreement.

              

      

      

      
        	
                15.

              	
                FORCE
      MAJEURE

              

      

      

      
        	
                15.1

              	
                According
      to Italian law, no Party shall be responsible for breach of its
      obligations under this Agreement in case such breach is directly caused by
      force majeure circumstances which are beyond the Parties’ reasonable
      control and cannot be overcome by
them.

              

      

      

      
        	
                16.

              	
                NOTICES

              

      

      

      
        	
                16.1

              	
                Any
      notice or other document to be served under this Agreement shall be sent
      by registered mail, anticipated by fax or email, to the following
      addresses:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                to
      the Transferor:

              

      

      

      
        	
                 
      

              	
                ·

              	
                ASW
      S.r.l. - C.da Zaccara SP n. 21, Via Per Palmori Km 9 – 71036 Lucera
      (Foggia) – Cristian D’Angiò Fax: +39 0881 52 13
  09;

              

      

      

      
        	
                 
      

              	
                (b)

              	
                to
      the Transferee:

              

      

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                ·

              	
                PSP
      Inc. - European Headquarters, 4 Paradeplatz – 9 Tiefenhoefe, CH-8001
      Zurich – Frank Jürgens – Fax : +41 43 544 80
  89;

              

      

      

      or at
such other address each Party may have notified to the other Party in accordance
with this clause.

      

      
        	
                17.

              	
                MISCELLANOUS

              

      

      

      
        	
                17.1

              	
                Entire
      Agreement

              

      

      

      This
Agreement (including any Schedule hereto) and the agreements, documents and
instruments to be signed and delivered pursuant hereto or thereto, are intended
to function as the final, complete and exclusive agreement among the Parties
with respect to the Project and related transactions, and are intended to
supersede all prior agreements, understandings and representations written or
oral, with respect thereto and may not be contradicted by evidence of any such
prior or contemporaneous agreement, understanding or representation, whether
written or oral.

      

      
        	
                17.2

              	
                Amendments

              

      

      

      No
amendment, modification or waiver of any provision of this Agreement shall be
valid and binding unless approved in writing by the Party against which such
amendment, modification or waiver is invoked. No waiver of the Parties shall
constitute a waiver of any other provision unless such waiver is otherwise
expressly provided.

      

      
        	
                17.3 

              	
                Severability

              

      

      

      Any
Article or other provisions of this Agreement which is or becomes illegal,
invalid or unenforceable shall be severed from this Agreement, to the extent
permitted under applicable law, and be ineffective to the extent of such
illegality, invalidity or unenforceability and shall not affect the remaining
provisions hereof and be replaced by a provision reflecting the intent of the
Parties.

      

      
        	
                17.4 

              	
                Language

              

      

      

      The
language of this Agreement and the transactions envisaged by it is English and
all notices, demands, requests, statements, certificates or other documents or
communications must be in English unless otherwise agreed. However, where a term
in Italian is given in italics or in italics and in brackets after an English
term and there is any inconsistency the meaning in Italian shall
prevail.

      

      
        	
                17.5

              	
                Fees

              

      

      

      Except
where this Agreement provides otherwise, each Party shall pay its own costs and
fees relating to the negotiation, drafting, execution and implementation of this
Agreement and of each document referred to in it.

      

      
        	
                17.6

              	
                Assignment

              

      

      

      This
Agreement and all related rights, interests, and obligations shall not be
assigned by the Transferor without the prior written consent of the Transferee
and any attempt of transfer or assignment of this Agreement by the Transferor
without the consent of the Transferee shall be deemed void and with no
effect.

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      The
Transferee shall have the right to transfer and assign, totally or
partially - and without any need to obtain the prior consent of the
Transferor -  to any third party this Agreement and all related
rights, interests and obligations, provided that the Transferee shall remain
fully and jointly responsible with the transferee for the fulfilment by the
transferee of all its obligations under this Agreement.

      

      
        	
                18.

              	
                GOVERNING
      LAW

              

      

      

      
        	
                18.1

              	
                This
      Agreement is governed by and shall be construed in accordance with Italian
      law.

              

      

      

      
        	
                19.

              	
                ARBITRATION

              

      

      

      
        	
                19.1

              	
                Unless
      settled by mutual agreement, any dispute whatsoever that might arise out
      of or in connection with the performance or the meaning of this Agreement
      or in connection with any other matter of whatsoever nature concerning
      this Agreement shall be submitted to arbitration and finally settled in
      accordance with and subject to the Rules of Arbitration of the Camera Arbitrale Nazionale ed
      Internazionale of Milan. The panel of arbitrators will be composed
      of three members, two of them appointed, each, by each Party and the third
      one, who shall act as Chairman, appointed jointly by the two appointed
      arbitrators or, in case of disagreement, by the Camera Arbitrale in the
      person of its Chairman.

              

      

      

      
        	
                19.2

              	
                Unless
      otherwise agreed in writing by the Parties, the arbitration will take
      place in Milan (Italy), in English language. The Parties acknowledge and
      agree that the laws of the Republic of Italy will apply to the
      arbitration.

              

      

      

      
        	
                19.3

              	
                The
      costs of the arbitration, including counsel’s fees and cost, will be
      assessed against the unsuccessful Party, will respect to any claim
      unsuccessfully disputed by the relevant Party, and the arbitrators shall
      make such costs allocation in their
decisions.

              

      

      

      ***

      

      THIS
AGREEMENT has been signed by the Parties (or their duly authorized
representatives) on the date stated at the beginning of this
Agreement.

      

      
        
          
            
              
                	
                        /s/
      Dott. Cristian D’Angiò

                      	 	/s/
      Frank Jürgens
	
                        Dott.
      Cristian D’Angiò

                      	 	
                        Mr.
      Frank Jürgens

                      
	
                        For
      and on behalf of ASW S.r.l.

                      	 	 
      
	 
      	 	
                        /s/
      Cesare Boffa

                      
	 
      	 	
                        Prof.
      Cesare Boffa

                      
	 
      	 	 
      
	 
      	 	
                        For
      and on behalf of PSP
Inc.

                      

              

            

          

        

      

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
2

      

      LIST
OF LANDS

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        	
                                                                                Plant

                                                                              	 	 
      	 	
                                                                                Cadastral
      references

                                                                              	 	
                                                                                  
      

                                                                              
	
                                                                                number

                                                                              	 	
                                                                                Municipality

                                                                              	 	
                                                                                Folio

                                                                              	 	
                                                                                Particles

                                                                              	 	
                                                                                Landlords

                                                                              
	
                                                                                1

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                7

                                                                              	 	
                                                                                88+96

                                                                              	 	
                                                                                Anna
      Maria Antonietta NISTA

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                2

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                7

                                                                              	 	
                                                                                88+96

                                                                              	 	
                                                                                Anna
      Maria Antonietta NISTA

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                3

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                7

                                                                              	 	
                                                                                83

                                                                              	 	
                                                                                Fernando
      Antonio Paolo MASOTANO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                4

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                7

                                                                              	 	
                                                                                83

                                                                              	 	
                                                                                Fernando
      Antonio Paolo MASOTANO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                5

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	 
      	 	 
      	 	 
      	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                6

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	 
      	 	 
      	 	 
      	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                7

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                8

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	 
      	 	 
      	 	 
      	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                9

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      Niro

                                                                              
	 	 	 	 	 	 	 	 	 
	 
      	 	 
      	 	 
      	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia Niro

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                10

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      Niro

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                11

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                12

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                147

                                                                              	 	
                                                                                Maria
      Pia NIRO

                                                                              
	 	 	 	 	 	 	 	 	 
	 
      	 	 
      	 	 
      	 	
                                                                                148

                                                                              	 	
                                                                                Agroalimentare
      Faugno

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                13

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                148

                                                                              	 	
                                                                                Agroalimentare
      Faugno

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                14

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                148

                                                                              	 	
                                                                                Agroalimentare
      Faugno

                                                                              
	 	 	 	 	 	 	 	 	 
	
                                                                                15

                                                                              	 	
                                                                                San
      Paolo Civitate

                                                                              	 	
                                                                                13

                                                                              	 	
                                                                                9

                                                                              	 	
                                                                                Alfredo
      NIRO

                                                                              

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

       

      
        
          
            	
                    16

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    9

                  	 
      	
                    Alfredo
      NIRO

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    17

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    9

                  	 
      	
                    Alfredo
      NIRO

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    18

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    9

                  	 
      	
                    Alfredo
      NIRO

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    19

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    9

                  	 
      	
                    Alfredo
      NIRO

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    20

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    21

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    22

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    48+49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    23

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    48+49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    24

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    48+49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    25

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    13

                  	 
      	
                    48+49

                  	 
      	
                    Cataldo
      ALTIERI (proprietà)

                    Ernestina
      PELUSI (usufrutto)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    26

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    10

                  	 
      	
                    386

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    387,
      388, 405

                  	 
      	
                    ?

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    27

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    10

                  	 
      	
                    405,
      406, 407

                  	 
      	
                    ?

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    28

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    10

                  	 
      	
                    390,
      391, 392

                  	 
      	
                    ?

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    29

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    10

                  	 
      	
                    17,
      19, 390, 391, 392, 399, 400, 409, 410, 411

                  	 
      	
                    ?

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    30

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    10

                  	 
      	
                    395

                  	 
      	
                    ?

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    31

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    95+96+97

                  	 
      	
                    Caterina
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    32

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    87+88+89+95+96+97

                  	 
      	
                    Caterina
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    33

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    214+219

                  	 
      	
                    Luigi
      Antonio ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    34

                  	
                      

                  	
                    San
      Paolo Civitate

                  	
                      

                  	
                    8

                  	 
      	
                    219+227

                  	
                      

                  	
                    Luigi
      Antonio ALTIERI

                  

          

        

      

       

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

       

      
        
          
            	
                    35

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    215+220

                  	 
      	
                    Teodoro
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    36

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	
                     
      

                  	
                    220+228

                  	
                     
      

                  	
                    Teodoro
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    37

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    215+220

                  	 
      	
                    Teodoro
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    216+221

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    38

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    220+228

                  	 
      	
                    Teodoro
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    221+229

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    39

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    216+221

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    293+297

                  	 
      	
                    Fernando
      Michele ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    294+298

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    40

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    221+229

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    293+295

                  	 
      	
                    Fernando
      Michele ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    294+296

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    41

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    218+223

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    294+298

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    42

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    223+232

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    294+296

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    43

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    206+224+225

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1958)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    218+223+226

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    44

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    223+232

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    224+225+233

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1958)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    45

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    206+225+239

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1958)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    46

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    186+225+233+239

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1958)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    47

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    208

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1949)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    48

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    208

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1949)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	
                      

                  	 
      	
                      

                  	 
      	
                      

                  	
                    209

                  	
                      

                  	
                    Cataldo
      ALTIERI

                  

          

        

      

       

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

       

      
        
          
            	
                    49

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    208

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1949)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    209

                  	
                     
      

                  	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    50

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    208

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1949)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    209

                  	 
      	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    51

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    209

                  	 
      	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    210

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    52

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    209

                  	 
      	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    210

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    53

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    209

                  	 
      	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    210

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    54

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    209

                  	 
      	
                    Cataldo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    210

                  	 
      	
                    Antonio
      Luigi ALTIERI (n. 1960)

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    55

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    212

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    56

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    211

                  	 
      	
                    Giancarlo
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    212

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                    57

                  	 
      	
                    San
      Paolo Civitate

                  	 
      	
                    8

                  	 
      	
                    212

                  	 
      	
                    Roberto
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
                    213+237

                  	 
      	
                    Caterina
      ALTIERI

                  
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
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          21Project
San Paolo

    

    Advisory
Agreement

    

    DATE
7TH
APRIL 2009

    

    Marcus
Hewland LLC

     

    and

     

    Prime
Sun Power Inc.

     

     

     

     

     

     

     

     

    
      

       

      Information
marked with an asterisk herein has been omitted and filed separately with the
Commission pursuant to a request for confidential treatment.

       

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    This
agreement (the “Agreement”) is entered
into on April 15th
2009 between:

    

    
      	
              (1)

            	
              Marcus Hewland LLC, an
      company duly incorporated under the laws of NY, United States, with
      registered office at 301 East, 79th Street,
      Suite 24-H, New York, NY, USA, TF Id: TF6946106, represented by its sole
      director Mrs. Pamela Marion Randall, duly empowered to enter into this
      Agreement (the “Advisor”);
      and

            

    

    

    
      	
              (2)

            	
              Prime Sun Power
      Inc., an US Company with
      registered office at 104, Summit Avenue, Summit - NJ 07902-0080,
      represented by its Chief Operations Officer, Mr. Frank Jürgens, and
      its Chief Technology Officer, Prof. Cesare Boffa, duly empowered to enter
      into this Agreement (the “Company”)

            

    

    

    The
Advisor and the Company are hereinafter jointly referred to as the “Parties” and severally as the ‘Party’.

    

    WHEREAS

    

    
      	
              (A)

            	
              The
      Advisor is a company providing advisory services for the development of
      photovoltaic energy production plants and has proposed to the Company the
      possibility to invest, directly or through any of its affiliates, in a
      green field project consisting of the construction of fifty eight
      individual PV Plants in the Lands located in San Paolo di Civitate (Foggia
      - Italy) according to the relevant Option Contracts, DIAs and Plans (the
      Project).

            

    

    

    
      	
              (B)

            	
              Subject
      to the effective implementation of the Project and based on the
      representations made by the Advisor, the Company is interested in
      investing in the Project, directly or through any of its affiliates, and
      in paying to the Advisor a success
fee.

            

    

    

    IT IS AGREED as
follows:

    

    
      	
              1.

            	
              DEFINITIONS

            

    

    

    
      	
              1.1

            	
              The
      Parties agree that, unless otherwise specified in this agreement (the
      “Agreement”), all capitalized terms shall have
      the same meaning attributed to them in the contract entered into on 7th
      April 2009 by the Company or any of its affiliates - in the context of the
      Project - with the owner of Option Contracts, the DIAs and the Plans (such
      owner is hereinafter referred to as the “Transferor” and such contract is
      hereinafter referred to as the “Transfer
      Contract”).

            

    

    

    
      	
              2.

            	
              FEE

            

    

    

    
      	
              2.1

            	
              As
      consideration for:

            

    

    

    
      	
               
      

            	
              (a)

            	
              the
      advisory services already provided by the Advisor and its shareholders to
      the Company up to the date of this Agreement and consisting of inter
      alia the feasibility
      study of the Project, the assistance to the Company in structuring the
      deal, in the relationships with the Transferor and in entering into the
      relevant Transfer Contract; and

            

    

     

    
      	
               
      

            	
              (b)

            	
              for
      the introduction of the Project and the Transferor to the
      Company;

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      at the
terms and conditions set forth by this Agreement and subject to Completion, the
Company shall pay to the Advisor a success fee equal to [___]* of the
estimated aggregate building and installing costs of the PV Plants. The building
and installing costs shall be jointly determined by the Parties within 3 (Three)
months from the date of signing of this Agreement based on the best price and
conditions offer out of three offers made to the Company by three independent
companies (the “Offers”) concerning the
entering into and the performance of an Engineering Procurement Construction
contract for the implementation of the Project. The Offers shall be transmitted
by the Company to the Advisor within the aforementioned 3 (Three) months term.
Should the Company fail to transmit to the Advisor a written copy of the Offers
within the term as provided above, and/or should the Offers do not comply with
an offer made on an arm’s length basis and at terms and conditions which are
customary for these kind of services the Parties hereby agree that the estimated
aggregate building and installing costs of the PV Plants shall be equal to
[___]* per watt and on such amount shall be calculated the success fee equal to
[___]* that shall be paid by the Company to the Advisor. The Fee, calculated
according to the above, shall be subject to Fee Adjustment pursuant to Article
3.

    

     

    
      	
              2.2

            	
              The
      Fee, as eventually adjusted pursuant to Article 3, shall become due
      subject to and upon Completion pursuant to art. 5.3 of the Transfer
      Contract, and shall be paid by the Company to the Advisor as
      follows:

            

    

    

    
      	
               
      

            	
              (a)

            	
              [___]*,
      subject to any Fee Adjustment, shall be paid at Completion provided that
      at Closing a bankable payment instrument, to be agreed in good faith by
      the Parties prior to Closing, up to the above amount with a five-month
      expiration in favour of the Advisor shall be issued. Such payment
      instrument shall be deposited into a trust account managed, at the
      Company’s expenses, by Wuersch & Gering LLP, 100 Wall Street, 21st
      Floor, New York, NY 10005, in the interest and for the benefit of the
      Parties, and released for drawing to the Advisor, subject to any Fee
      Adjustment under Article 6 below, at Completion. In case of disputes
      between the Parties pursuant to Article 3.2, the above mentioned payment
      instrument shall remain deposited in the above trust account and released
      upon final settlement of such dispute by mutual agreement of the Parties
      or pursuant to Article 8, subject to the relevant maturity being
      accordingly and automatically
extended.

            

    

    

    
      	
               
      

            	
              (b)

            	
              subject
      to any Fee Adjustment under Article 6 below, the remaining part of the Fee shall be paid
      within 45 days from Completion in restricted shares of PSP Inc. (the “PSP Shares”). The exchange value of PSP
      Shares shall be determined as the average market price fixed 30 days prior
      and 30 days after the oldest of the STMGs’ issuing
  dates.

            

    

    

    
      	
              2.3

            	
              Any
      payment in cash from the Company to the Advisor shall be made by
      irrevocable wire transfer in immediately available funds into the
      Advisor’s account on or before the date the payment is due for value on
      that date. The details of the Advisor’s account shall be communicated in
      advance by the Advisor to the
Company.

            

    

    

    
      	
              2.4

            	
              The
      Parties expressly acknowledge that, except for the Fee to be paid at the
      terms and conditions set forth in this Agreement, no fees, indemnifications or other
      payments of whatever nature shall be due by the Company to the Advisor
      with respect to the Project or the services provided by the Advisor to the
      Company in relation to the Project.

            

    

     

    
      
        	
                *

              	
                This
      information has been omitted and filed separately with the Commission
      pursuant to a request for confidential
  treatment.

              

      

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
              2.5

            	
              In
      the event PSP Shares are not listed on the NASDAQ within December 31,
      2009, the Company shall have the right to - and, upon request of the
      Advisor, shall be obliged to - repurchase, directly or through any
      nominated entity, all PSP Shares transferred to the Advisor pursuant to
      Article 2.2(b) at the same exchange value thereof. Such transfer shall
      occur within 30 days from the request of the Company or the Advisor. For
      the purposes of this Article 2.5, (i) until December 31, 2009, the Advisor
      shall not transfer to any third party nor shall constitute any third
      party’s right over the PSP Shares and (ii) PSP Shares shall be deposited
      into a trust account managed, at the Company’s expenses, by Wuersch &
      Gering LLP, 100 Wall Street, 21st Floor, New York, NY 10005 in the
      interest and for the benefit of the Parties and released, unless
      repurchased by the Company pursuant to the above, to the Advisor on
      January 1, 2010.

            

    

     

    
      	
              3.

            	
              FEE
      ADJUSTMENT

            

    

    

    
      	
              3.1

            	
              The
      Fee shall be adjusted on the basis of the following provisions, to be
      applied progressively:

            

    

    

    
      	
               
      

            	
              (a)

            	
              should
      Completion not occur for any reason not depending on the Company or the
      Transferee in relation to one or more PV Plants, the Fee shall be reduced
      (i) of a percentage equal to the percentage of non-compliant PV Plants
      with respect to the number of the PV Plants envisaged in the Project and
      (ii) of the amounts of the lump sums eventually paid by the Company or any
      of its affiliates with respect to the non-compliant PV Plants at the time
      of entering into the Building Lease Contracts;
  and

            

    

    

    
      	
               
      

            	
              (b)

            	
              should,
      after the adjustment under letter (a) above, Completion occur with respect
      to one ore more of non-compliant PV Plants, the Fee shall be increased to
      cancel the effects of the adjustment made under letter (a) above with
      respect to such PV Plants; and

            

    

    

    
      	
               
      

            	
              (c)

            	
              the
      Fee, as adjusted under letters (a) and (b) above, shall then be deducted
      of any indemnification or penalty which might result payable to the
      Transferee under the relevant Transfer Contract, provided that in this
      case any deduction shall be subject to the Transferee waiving its relevant
      rights under the Transfer Contract.

            

    

    

    
      (the
“Fee
Adjustment”).

    

    

    
      	
              3.2

            	
              Any
      Fee Adjustment to be applied to any of the payments under Article 3.labove
      shall be notified by the Company to the Advisor at least five days prior
      to the term of such payment. In case of disputes between the Parties the
      relevant payment shall remain suspended with respect to the disputed
      amount until final settlement or decision pursuant to Article
      8.

            

    

    

    
      	
              4.

            	
              TERMINATION

            

    

    

    
      	
              4.1

            	
              This
      Agreement shall automatically terminate in case of early termination of
      the Transfer Contract in its entirety pursuant to its terms and
      conditions. The Parties expressly agree that only in case of termination
      of this Agreement according to the above, no Fee, compensation,
      indemnification for whatever reason shall be due by the Company to the
      Advisor.

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      
        	
                5.

              	
                CONFIDENTIALITY

              

      

      

      
        	
                5.1

              	
                Without
      the prior written consent of the other Party, the Parties expressly
      undertake to treat as strictly confidential and not disclose to any third
      party except to its affiliates, advisors and third party to which the
      information have to be transferred for the implementation of the Project,
      this Agreement and its content as well as any information concerning the
      Project received by the other Party in the performance of the Agreement.
      The Company shall be free to (i) make any public announcement on the
      Project without the need to obtain the prior authorisation of the Advisor,
      (ii) to transfer any confidential information relating to this Agreement
      or the Project to its affiliates, investors and to any third party
      directly or indirectly involved in the Project (including advisors, third
      party contractors, financial institutions and in general any third party
      to which the information have to be transferred for the implementation of
      the Project).

              

      

    

     

    
      
        
          	
                  5.2

                	
                  The
      obligations contained in this Article shall survive for 10 (ten) years
      after termination or ceasing of this
Agreement.

                

        

      

    

    

    
      
        	
                6.

              	
                NOTICES

              

      

    

    

    
      
        	
                6.1

              	
                Any
      notice or other document to be served under this Agreement shall be sent
      by registered mail, anticipated by fax or email, to the following
      addresses:

              

      

    

    

    
      
        	
              	
                (a)

              	
                to
      the Advisor:

              

      

    

    

    
      
        	
              	
                ·

              	
                PM
      Randall&Co., 62 Priory Road, Noak Hill, Romford, Essex, RM3 9AP,
      United Kingdom, Mrs. Pamela Marion Randall - Fax +44 1708
      375977;

              

      

    

    

    
      
        	
              	
                (b)

              	
                to
      the Company:

              

      

    

    

    
      
        	
              	
                ·

              	
                PSP
      Inc. - European Headquarters, 4 Paradeplatz - 9 Tiefenhoefe, CH-8001
      Zurich - Frank Jürgens
      - Fax: +41 43 544 80 89;

              

      

    

    

    or at
such other address each Party may have notified to the other Party in accordance
with this clause.

    

    
      	
              7.

            	
              MISCELLANOUS

            

    

    

    
      	
              7.1

            	
              Entire
  Agreement

            

    

    

    This
Agreement (including any Schedule hereto) and the agreements, documents and
instruments to be signed and delivered pursuant hereto or thereto, are intended
to function as the final, complete and exclusive agreement among the Parties
with respect to the Project and related transactions, and are intended to
supersede all prior agreements, understandings and representations written or
oral, with respect thereto and may not be contradicted by evidence of any such
prior or contemporaneous agreement, understanding or representation, whether
written or oral.

    

    
      	
              7.2

            	
              Amendments

            

    

    

    No
amendment, modification or waiver of any provision of this Agreement shall be
valid and binding unless approved in writing by the Party against which such
amendment, modification or waiver is invoked. No waiver of the Parties shall
constitute a waiver of any other provision unless such waiver is otherwise
expressly provided.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    
      	
              7.3

            	
              Severability

            

    

     

    Any
Article or other provisions of this Agreement which is or becomes illegal,
invalid or unenforceable shall be severed from this Agreement, to the extent
permitted under applicable law, and be ineffective to the extent of such
illegality, invalidity or unenforceability and shall not affect the remaining
provisions hereof and be replaced by a provision reflecting the intent of the
Parties.

     

    
      	
              7.4

            	
              Assignment

            

    

     

    This
Agreement and all related rights, interests, and obligations shall not be
assigned by the Advisor without the prior written consent of the Company and any
attempt of transfer or assignment of this Agreement by the Advisor without the
consent of the Company shall be deemed void and with no effect.

    

    The Company shall have the
right to transfer and assign, totally or partially - and without any need to
obtain the prior consent of the Advisor - to any third party this Agreement and
all related rights, interests and obligations, provided that the Company shall
remain fully and jointly responsible with the transferee for the fulfilment by
the transferee of all its obligations under this Agreement.

     

    
      	
              8.

            	
              GOVERNING
      LAW AND JURISDICTION

            

    

    

    
      	
              8.1

            	
              This
      Agreement is governed by and shall be construed in accordance with English
      laws for what not expressly or impliedly provided for under this
      Agreement.

            

    

    

    
      	
              8.2

            	
              Unless
      settled by mutual agreement, any dispute whatsoever that might arise out
      of or in connection with the performance or the construction of this
      Agreement or in connection with any other matter of whatsoever nature
      concerning this Agreement shall be submitted to arbitration and finally
      settled in accordance with and subject to the Rules of Arbitration of the
      International Chamber of Commerce of London. The panel of arbitrators will
      be composed of three members, two of them appointed, each, by each Party
      and the third one, who shall act as Chairman, appointed jointly by the two
      appointed arbitrators or, in case of disagreement, according to the Rules
      of Arbitration of the International Chamber of Commerce of London. Unless
      otherwise agreed in writing by the Parties, the arbitration will take
      place in London, in English language. The costs of the arbitration,
      including counsel’s fees and cost, will be assessed against the
      unsuccessful Party, with respect to any claim unsuccessfully disputed by
      the relevant Party, and the arbitrators shall make such costs allocation
      in their decisions. For the purposes of the arbitration proceedings, the
      Company and the transferee under Article 7.4 of this Agreement shall
      constitute a single party. Therefore, the appointment signed just by one
      or more of the above parties - or the appointment received just by one or
      more of them - will however duly institute the arbitration
      proceeding.

            

    

     

    ***

    

    THIS
AGREEMENT has been signed by the Parties (or their duly authorised
representatives) on the date stated at the beginning of this
Agreement.

    

    For and
on behalf of the Advisor

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    THIS
AGREEMENT has been signed by the Parties (or their duly authorised
representatives) on the date stated at the beginning of this Agreement.

    For and
on behalf of the Advisor.
 

    
      
        
          
            
              
                
                  	Marcus
      Hewland LLC 	 
	 	 
	

                          /s/
      Pamela Marion Randall

                        	 
	
                          
                            Name: Pamela Marion Randall

                          

                          
                             
      

                            Capacity
      : Director

                             

                            For
      and on behalf of the Company

                          

                        	 

                

              

            

          

        

      

    

    
      
        	/s/
      Frank Jürgens	 
      	/s/
      Cesare Boffa
	
                Mr.
      Frank Jürgens

              	 
      	
                Prof.
      Cesare Boffa

              

      

    

     

    
      
         

      

      
        7

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