Document:

Exhibit
10.12

    

    DISBURSEMENT
REQUEST AND AUTHORIZATION

    (Line of Credit)

    

    
      
        
          
            
              
                
                  
                    
                      	
                              Borrower:

                            	
                              PREMIER
      POWER RENEWABLE ENERGY,
      INC.

                              4961
      Windplay Drive, #100

                              El Dorado Hill, CA
      95762

                            	
                              Lender:

                            	
                              UMPQUA
      BANK

                              2998
      Douglas Blvd., Suite 100

                              Roseville,
      CA
95661

                            

                    

                  

                

              

            

          

        

      

    

    

    LOAN TYPE.  This is
a Variable Rate (at the Bank’s Prime Rate), Revolving Line of Credit Loan to a
corporation in the amount of $7,000,000.00 due on July 13, 2011.

    

    PRIMARY PURPOSE OF
LOAN.  The primary purpose of this loan is for:

    

    o  Personal,
Family, or Household Purposes or Personal Investment

    

    o  Business
(Including Real Estate Investment)

    

    SPECIFIC
PURPOSE.  The specific purpose of this loan is to finance
working capital, the issuance of letters of credit, and general corporate
purposes.

    

    DISBURSEMENT
INSTRUCTIONS.  Borrower understands that no loan proceeds will
be disbursed until all of Lender's conditions for making the loan, as contained
in the Loan Agreement dated July __, 2009 (the “Loan Agreement”), have been
satisfied.  All loan proceeds are to be disbursed pursuant to the
terms and conditions of the Loan Agreement.

    

    DISBURSEMENT
AUTHORIZATION.  Loan proceeds shall be disbursed as provided in
the Loan Agreement.

    

    FINANCIAL
CONDITION.  BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS
AND WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT
AND THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL
CONDITION AS DISCLOSED IN BORROWER'S FINANCIAL STATEMENTS PROVIDED TO
LENDER.

    

    THIS
AUTHORIZATION IS DATED July 13, 2009.

    

    
      	
              BORROWER:

            	
              PREMIER
      POWER RENEWABLE ENERGY, INC., a Delaware
  corporation

            

    

     

    
      	
              By:

            	 
      
	 
      	
              Dean
      Marks

            
	
               
      

            	
              President and Chief Executive
  Officer

            

    

     

    
      Disbursement
Request

      and
AuthorizationExhibit
10.13

    

    LANDLORD’S
RELEASE AND WAIVER

    

    This Landlord’s Release and Waiver
(this “Agreement”),
dated as of July 13, 2009 is entered into among Premier Power Renewable Energy,
Inc., a Delaware corporation (“Borrower”), whose address is
4961 Windplay Drive, Suite 100, El Dorado Hills, CA 95762, Umpqua Bank, an
Oregon corporation, whose address is 2998 Douglas Blvd., Suite 100, Roseville,
CA 95661(“Lender”) and
Wagner Family ILP, whose address is 211 St. Paul Drive, Alamo, CA 94507 (“Landlord”) on the following
terms and conditions.

    

    RECITALS

    

    
      	
              A.

            	
              Borrower
      and Landlord are parties to that certain oral month-to-month lease
      pursuant to which Borrower leases from Landlord the premises commonly
      known as 4961 Windplay Drive, Suite 100, El Dorado Hills, California 95762
      (the “Premises”).

            

    

    

    
      	
              B.

            	
              Borrower
      and Lender have entered into, or are about to enter into, a loan agreement
      and promissory note pursuant to which Lender has agreed to lend, and
      Borrower has agreed to borrow, a line of credit and advised guidance line
      not to exceed, in the aggregate, Twelve Million and 00/100 Dollars
      ($12,000,000.00) (collectively, the “Loan”).  Lender
      has acquired or will acquire a security interest in the Collateral, as
      hereafter defined, to secure the Loan.  Some or all of the
      Collateral is located or may become located at the
    Premises.

            

    

    

    Now,
therefore, for valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, Borrower, Lender and Landlord agree as
follows:

    

    
      	
              1.

            	
              Lender
      has acquired or will acquire a security interest in the following
      (collectively, the “Collateral”): The
      following described property of Borrower and/or its subsidiaries, whether
      now owned or hereafter acquired, whether now existing or hereafter
      arising, and wherever located: All personal and fixture property of every
      kind and nature including without limitation all Goods (including
      Inventory, Equipment and any accessions thereto), Instruments (including
      promissory notes), Documents, Accounts, Chattel Paper (whether tangible or
      electronic), Deposit Accounts, Letter-of-Credit Rights (whether or not the
      letter of credit is evidenced by a writing), Investment Property
      (including securities) and all  Supporting Obligations and
      proceeds, and all General Intangibles (including Payment
      Intangibles).

            

    

    

    In
addition, the term “Collateral” includes all the
following, whether now owned or hereafter acquired, whether now existing or
hereafter arising, and wherever located:

    

    (a)           All
attachments, accessions, accessories, tools, parts, supplies, increases, and
additions to and all replacements of and substitutions for any property
described above.

    

    (b)           All
products and produce of any of the property described in this Collateral
definition.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    (c)           All
accounts, general intangibles, instruments, rents, monies, payments, and all
other rights, arising out of a sale, lease, or other disposition of any of the
properly described in this Collateral definition.

    

    (d)           All
proceeds (including insurance proceeds) from the sale, destruction, loss, or
other disposition of any of the property described in this Collateral
definition.

    

    (e)           All
records and data relating to any of the property described in this Collateral
definition, whether in the form of a writing, photograph, microfilm, microfiche,
or electronic media, together with all of grantor’s right, title, and interest
in and to all computer software required to utilize, create, maintain, and
process any such records or data on electronic media.

    

    
      	
              2.

            	
              Landlord
      hereby consents to Lender’s security interest in the Collateral and
      disclaims any interests, liens and claims which Landlord now has or may
      hereafter acquire in the Collateral.  Landlord agrees that any
      lien or claim it may now have or may hereafter have in the Collateral will
      be at all times subject and subordinate to Lender’s existing or future
      security interest in the Collateral and will be subject to the rights
      granted to Lender by Landlord under this
  Agreement.

            

    

    

    
      	
              3.

            	
              Landlord
      and Borrower grant to Lender the right to enter upon the Premises for the
      purpose of inspecting the Collateral, removing the Collateral from the
      Premises or conducting sales of the Collateral on the
      Premises.  The rights granted to Lender in this Agreement will
      continue until a reasonable time after Lender receives notice in writing
      from Landlord that Borrower no longer is in lawful possession of the
      Premises.  During that time, Landlord shall not remove any
      Collateral from the Premises.  If Lender enters into the
      Premises and removes the Collateral, Lender agrees with Landlord not to
      remove any Collateral in such a way that the Premises are damaged without
      repairing any such damage or reimbursing Landlord for the cost or
      repaid.

            

    

    

    
      	
              4.

            	
              Landlord
      agrees that if Borrower is in default under the Lease, it will provide
      written notice of that default to Lender.  Borrower and Landlord
      each agree that they will not terminate the Lease without giving Lender at
      least thirty (30) days’ notice prior to the date of the proposed
      termination.

            

    

    

    
      	
              5.

            	
              This
      Agreement is entered into in the State of California and shall be
      construed under the laws of the State of
  California.

            

    

    

    
      	
              6.

            	
              If
      any party to this Agreement brings any action or proceeding to interpret
      or enforce this Agreement, the prevailing party shall be entitled to
      recover its reasonable attorneys fees and costs of
  suit.

            

    

    

    
      	
              7.

            	
              This
      Agreement represents the full and final understanding of the parties with
      respect to the subject matter hereof and supersedes all prior oral or
      written discussions, agreements, negotiations, and
      understandings.

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    
      	
              8.

            	
              Lender
      shall not be deemed to have waived any rights under this agreement unless
      such waiver is given in writing signed by Lender.  No delay or
      omission on the part of Lender in exercising any right shall operate as a
      waiver of such right.  No prior wavier or omission to exercise
      any right shall constitute a wavier of Lender’s rights or Landlord’s
      obligations as to any future
events.

            

    

    

    
      	
              9.

            	
              This
      Agreement may be executed in any number of duplicate original counterparts
      that, taken together, shall constitute one and the same
      instrument.

            

    

    

    Whereupon,
this Agreement is entered into as of the date first above written.

    

    BORROWER:

    

    PREMIER
POWER RENEWABLE ENERGY, INC., a Delaware corporation

    

    
      
        
          
            
              
                
                  
                    
                      	 
      	
                              By:

                            	 
      
	 
      	 
      	
                              Dean
      Marks

                            
	 
      	 
      	
                              President
      and Chief Executive Officer

                            
	 
      	 
      	 
      
	
                              LENDER:

                            
	 
      	 
      	 
      
	
                              UMPQUA
      BANK, an Oregon corporation

                            
	 
      	 
      	 
      
	 
      	
                              By:

                            	 
      
	 
      	 
      	
                              George
      Diesch

                            
	 
      	 
      	
                              Vice
      President

                            
	 
      	 
      	 
      
	
                              LANDLORD:

                            
	 
      	 
      	 
      
	
                              WAGNER
      FAMILY ILP.

                            
	 
      	 
      	 
      
	 
      	
                              By:

                            	 
      
	 
      	 
      	
                              Judy
      Wagner

                            
	 
      	
                              Its:

                            	
                              General
      Partner

                            

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        3

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