Document:

EX-10.2

Exhibit 10.2

VIASPACE INC.

STOCK PURCHASE AGREEMENT

This Agreement is made this 21 day of March, 2006, by and between VIASPACE Inc. (the
“Corporation”), a Nevada corporation, and SNK Capital Trust (“Optionee”).

A. EXERCISE OF OPTION

1. Exercise. Optionee hereby purchases  3,571,357 shares of Common Stock (the
“Purchased Shares”) pursuant to that certain amended option agreement (the “Option Agreement”)
dated March 21, 2006 between the Corporation and the Optionee to purchase up to 10,714,286 shares
of common stock (the “Option Shares”) at the exercise price of $0.28 per share (the “Exercise
Price”).

2. Payment. Concurrently with the delivery of this Agreement to the Corporation,
Optionee shall pay the Exercise Price for the Purchased Shares in accordance with the provisions of
the Option Agreement and shall deliver whatever additional documents may be required by the Option
Agreement as a condition for exercise. The Corporation shall immediately provide to Optionee an
originally executed copy of this Agreement and shall take immediate steps to initiate the issuance
of the Purchased Shares.

B. SECURITIES LAW COMPLIANCE

1. Restricted Securities. The Purchased Shares have not been registered under the
Securities Act of 1933 (“1933 Act”). Optionee hereby confirms that Optionee has been informed that
the Purchased Shares are restricted securities under the 1933 Act and may not be resold or
transferred unless the Purchased Shares are first registered under the Federal securities laws or
unless an exemption from such registration is available. Accordingly, Optionee hereby acknowledges
that Optionee is prepared to hold the Purchased Shares for an indefinite period and that Optionee
is aware that SEC Rule 144 issued under the 1933 Act which exempts certain resales of unrestricted
securities is not presently available to exempt the resale of the Purchased Shares from the
registration requirements of the 1933 Act.

2. Restrictions on Disposition of Purchased Shares. Optionee shall make no
disposition of the Purchased Shares unless and until there is compliance with all of the following
requirements:

(i) Optionee shall have provided the Corporation with a written summary of the
terms and conditions of the proposed disposition.

(ii) Optionee shall have provided the Corporation with written assurances, in
form and substance satisfactory to the Corporation, that (a) the proposed
disposition does not require registration of the Purchased Shares under the 1933
Act or (b) all appropriate action necessary for compliance with the registration
requirements of the 1933 Act or any exemption from registration available under the
1933 Act (including Rule 144) has been taken.

The Corporation shall not be required (i) to transfer on its books any Purchased
Shares which have been sold or transferred in violation of the provisions of this Agreement
or (ii) to treat as the owner of the Purchased Shares, or otherwise to accord voting,
dividend or liquidation rights to, any transferee to whom the Purchased Shares have been
transferred in contravention of this Agreement.

3. Restrictive Legends. The stock certificates for the Purchased Shares shall be
endorsed with one or more of the following restrictive legends:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933. THE SHARES MAY NOT BE SOLD OR OFFERED FOR SALE IN THE
ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SHARES UNDER SUCH ACT,
(B) A “NO ACTION” LETTER OF THE SECURITIES AND EXCHANGE COMMISSION WITH RESPECT TO
SUCH SALE OR OFFER OR (C) SATISFACTORY ASSURANCES TO THE CORPORATION THAT
REGISTRATION UNDER SUCH ACT IS NOT REQUIRED WITH RESPECT TO SUCH SALE OR OFFER.”

C. MISCELLANEOUS PROVISIONS

1. Optionee Undertaking. Optionee hereby agrees to take whatever additional action
and execute whatever additional documents the Corporation may deem necessary or advisable in order
to carry out or effect one or more of the obligations or restrictions imposed on either Optionee or
the Purchased Shares pursuant to the provisions of this Agreement.

2. Agreement is Entire Contract. This Agreement constitutes the entire contract
between the parties hereto with regard to the subject matter hereof.

3. Governing Law. The interpretation, performance and enforcement of this Agreement
shall be governed by the laws of the State of California without resort to that State’s
conflict-of-laws rules and the parties hereby consent to and agree that exclusive jurisdiction
shall reside in the state and federal courts in Los Angeles County, California.

4. Counterparts. This Agreement may be executed in counterparts, each of which shall
be deemed to be an original, but all of which together shall constitute one and the same
instrument.

5. Successors and Assigns. The provisions of this Agreement shall inure to the
benefit of, and be binding upon, the Corporation and its successors and assigns and upon Optionee,
whether or not any such entity shall have become a party to this Agreement and have agreed in
writing to join herein and be bound by the terms hereof.

6. Notices. Any notice required to be given or delivered to the Surviving Corporation
under the terms of this Agreement shall be in writing and addressed to the Surviving Corporation at
its principal corporate offices. Any notice required to be given or delivered to Optionee shall be
in writing and addressed to Optionee at the address previously provided to the Corporation. All
notices shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, postage
prepaid and properly addressed to the party to be notified.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed in duplicate
originals, or in signed fax copies to be followed by duplicate originals, by their duly authorized
representatives as of the date written above.

	 	 	 	 	 	 	 
	VIASPACE Inc.	 	 	 	SNK Capital Trust	 	 
	By:

	 	/S/ AMJAD S.

ABDALLAT
	 	By:
	 	/S/ GAYE

KNOWLES
	 
	 	 	 	 	 	 
	Name:

	 	AMJAD S. ABDALLAT
	 	Name:
	 	GAYE KNOWLES
	 
	 	 	 	 	 	 
	Title

:

	 	COO
	 	Title

:
	 	

TRUSTEEEX-10.3

Exhibit 10.3

STOCK SETTLEMENT AGREEMENT

This Stock Settlement Agreement is entered into effective as of March 21, 2006, by and among
VIASPACE Inc. (formerly Global-Wide Publication Ltd.), a Nevada corporation (“GW”), and those
persons listed on Exhibit A hereto who were the members (the “Members”) of ViaSpace Technologies,
LLC (“ViaSpace) as of June 15, 2005.

WHEREAS, the Members participated in a transaction (the “Exchange”) in which their interests
in the assets of ViaSpace were transferred to GW solely in exchange for GW common stock;

WHEREAS, the parties to the Exchange intend that the Exchange be treated as a transaction
qualifying for nonrecognition of gain for tax purposes under the Internal Revenue Code of 1986, as
amended;

WHEREAS, all of the shares of GW common stock to be transferred to the Members were validly
issued and outstanding as of the date of the Exchange, but a portion of the shares (the “Held
Shares”) have been held in trust pending final resolution of the allocation of the Held Shares
among the Members as a group;

WHEREAS, the Members have resolved any contingencies, ambiguities and disputes concerning the
proper allocation of the Held Shares and wish to amend and clarify the ViaSpace operating agreement
and other documentation to reflect the final agreed distribution of the Held Shares;

NOW, THEREFORE, the Members wish to confirm and memorialize the agreed allocation of the Held
Shares among the group of Members who participated in the Exchange in accordance with the terms of
this Agreement.

1. Amendment of Agreement and Plan of Merger. Section 2.1 of the Agreement and Plan
of Merger by and among ViaSpace Technologies, LLC, Robert Hoegler, and Global-Wide Publication Ltd.
dated June 15, 2005 shall be replaced in its entirety with the following:

SECTION 2.1 Effect on Capital Stock. At the Effective Time, by virtue of the Merger
and automatically without any action on the part of any holder of capital stock of GW or
ViaSpace, respectively:

(a) ViaSpace Membership Units. Except as provided below, each outstanding ViaSpace
Membership Unit shall be converted into 5.40 shares of GW Common Stock (the “Merger
Consideration”).

(b) The aggregate consideration provided to the ViaSpace shall comprise 226,800,000
shares of GW Common Stock.

(c) ViaSpace Membership Units shall cease to be outstanding and be cancelled and
retired.

2. Held Shares. The Held Shares shall be provided to SNK Capital Trust immediately
subsequent to the execution of this Agreement.

1

IN WITNESS WHEREOF, GW and a majority of the Members have caused this Agreement to be signed
by their respective officers (where applicable) thereunto duly authorized, all as of the date first
written above.

	 
	 

	VIASPACE INC.

	 

	By /S/ CARL KUKKONEN

Name: CARL KUKKONEN

Title: CEO

CARL KUKKONEN

/S/ CARL KUKKONEN

	 

	AMJAD ABDALLAT

/S/ AMJAD ABDALLAT

SANDEEP GULATI

/S/ SANDEEP GULATI

SNK CAPITAL TRUST

By /S GAYE KNOWLES

Name: GAYE KNOWLES

Title: TRUSTEE

EXHIBIT A

Members of ViaSpace Technologies LLC as of June 15, 2005

Dr. Carl Kukkonen

Mr. Amjad Abdallat

SNK Capital Trust

Dr. Sandeep Gulati

Mr. Salman Shehayeb

Los Angeles County Community Development Commission

California Institute of Technology

Carl A. Kukkonen III

Daniel C. Kukkonen

The A. & J. Abdallat Irrevocable Trust, dated February 23, 1999, for the benefit of Yasmine
Abdallat

The A. & J. Abdallat Irrevocable Trust, dated February 23, 1999, for the benefit of Shireen-Anne
Abdallat

The A. & J. Abdallat Irrevocable Trust, dated February 23, 1999, for the benefit of Adam-Jordan
Abdallat

The A. & J. Abdallat Irrevocable Trust, dated February 23, 1999, for the benefit of Omar-Muhammad
Abdallat

The A. & J. Abdallat Irrevocable Trust, dated February 23, 1999, for the benefit of Ali-Morgan
Abdallat

Maya and Susan Shehayeb Trust

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