Document:

Blitzstrom Contract

 Exhibit 10.12 
 Amended and Restated 
 Agreement of Contract of Purchase and Supply (“Agreement”) 
 Between 
 DayStar Technologies, Inc. 
 13 Corporate Drive 
 Halfmoon, NY 12065 USA (“Seller”) 

Represented by Dr. John R. Tuttle, CEO 
 And 
 Blitzstrom GmbH 
 Hoheimer Weg 3 
 97350 Mainbernheim Germany (“Buyer”) 
 Represented by Bernhard
Beck, CEO 
 1. Preamble 
 The parties hereby enter into an
amended and restated general agreement for the purchase of Seller’s TerraFoilTM, photovoltaic solar cells (“Product”) specified per Attachment A. Buyer wishes to use these cells for its current solar modules and systems. Seller
manufactures other products (including, but not limited to, TerraFoil-spTM and LightFoilTM solar cells and other products to be determined), which are not included for sale in this Agreement. The percentage of the Seller’s total
manufacturing capacity for these other products is not fixed and may vary from time to time, affecting the total quantities of TerraFoilTM available for sale during the period of this Agreement. 
 2. Quantity to be Purchased 
 Buyer shall purchase 50% of the TerraFoilTM
Product produced by Seller not to exceed the production maximum stated in Table 1. Available quantities for sale will be disclosed to Buyer on a quarterly basis (Quarterly Product Projection Meetings) beginning Q1 2007, and Buyer shall issue
quarterly releases to purchase orders. Regular shipments of limited Product will commence in Q4 2006. Buyer agrees to purchase all available product in excess of 5% peak power efficiency as measured and documented by Seller. 
 Table 1 
  

			
	 Year
	  	 Prod*
 Max MW

	 2006
	  	Limited quantity ~ 20 kW
	 2007
	  	            1.5
	 2008
	  	          15.0
	 2009
	  	          38.5
	 2010
	  	          75.0
	 Total
	  	        130.0

 3. Delivery 
 Seller
will invoice upon shipment of the product. Buyer shall pay within 30 days of the invoice date. 
  

 1 

 3.1 Delivery Conditions 
 Seller will provide monthly actual delivery quantities; Buyer shall take these quantities without separate purchase order, FOB Seller’s factory. All costs associated with shipping and insurance to the point of destination shall be paid
by Buyer. All importing duty, VAT and taxes, if any, conversion of currency or other expenses for the purchase of product, or delivery to the destination country shall be paid by Buyer. TerraFoilTM shall be delivered DDP (Incoterms 2000) of
Seller to the shipping point designated by Buyer. 
 4. Price 
 The following prices are fixed, for the purchase of the TerraFoilTM produced by Buyer’s Gen-II and Gen-III production line in Halfmoon, NY USA regardless of CE. It is the Seller’s understanding that these prices are presently
below fair market value for comparable silicon solar cells: 
 a)   Remainder of 2006: $1/ solar cell 

	 	b) 2007	10% discount of FMV of comparable Silicon solar cells 

	 	c) 2008/1	15% discount of FMV of comparable Silicon solar cells 

	 	d) 2008/2	20% discount of FMV of comparable Silicon solar cells 

 Fair Market Value
(FMV) of comparable Silicon solar cells based on long term contract pricing, will be agreed to in writing during Quarterly Product Projection meetings. Failure to agree to FMV will be subject to the conditions listed in paragraph 4.2 
 4.1 Price Modification and Re-evaluation 
 For 2009-2010 Seller and Buyer shall in good faith negotiate further pricing by Buyer of TerraFoilTM. The parties agree to fix a price by mutual agreement for every six-month delivery period during the years 2009
and 2010 by the 1st of November each year, respectively, unless mutually agreed otherwise. 
 4.2 Failure to Modify Price 
 If no agreement on price is reached through the
parties’ good faith efforts within a thirty day period from the Quarterly Product Projection meetings, and price and volume will result in net loss to either party, as established by documented costs, then the parties shall renegotiate or, if
necessary terminate, this Agreement by written notice. If this Agreement is terminated, under these conditions, the Seller agrees to continue sales for six months beyond their existing obligations or approximately 12 months from the last bi-annual
meeting, whichever is sooner, at the prices and projected quantities, last agreed upon for the previous six-month period, at which time this Agreement will terminate. 
 4.3 Most Favored Pricing 
 Seller hereby warrants that at no time will the prices charged Buyer for TerraFoilTM under
this Agreement exceed the prices offered to any other customer on similar terms and conditions, except for a subsidiary, affiliate or successor of DayStar Technologies. 
 5. Performance Warranty 
 The trade goods to be warranted are Seller’s CIGS - TerraFoilTM solar cells only. Seller
warrants that the Product will substantially conform to the Specifications set forth in Attachment A, or alternative Specifications as mutually agreed to. Seller expressly warrants that the Product shall be free from defects in design, workmanship
and materials for a period of five years. Seller warrants that the Product does not infringe any U.S. patent, copyright, trade secret or other proprietary right of any third party. 
  

 2 

 5.1 The parties shall cooperatively form a mutually acceptable Warranty Statement and Procedure during the first
Quarterly Product Projection Meeting beginning Q1 2007. The Warranty will include both five-year workmanship and long-term performance clauses. Example of clauses covered by this procedure may include, but not be limited to the following:

 5.1a The Warranty will be conditioned upon the proper storage, handling, transportation, and packaging per defined and mutually agreed to conditions,
operation, use, repair and conformance with Product Manuals provided by Seller (included revisions thereto) and any reasonable recommendations of Seller. Failure to conform to the above conditions will void the warranty. 
 5.1b The Product warranty will apply to the performance of TerraFoilTM solar cells, packaged into PV modules by Buyer or Buyers contracted manufacturer, but will be
limited to the performance intrinsic to the solar cells only and not damage or degradation caused by the packaging of the solar cells into PV modules, as determined by appropriate testing or diagnostics after failure has occurred. 
 5.1c The warranty will only apply to TerraFoilTM solar cells packaged into PV modules that have undergone mutually agreed to performance, qualification,
environmental testing, and accelerated lifetime testing (e.g. Highly Accelerated Lifetime Testing, IEC, UL, or other tests mutually agreed to and appropriate for the intended market of sale) as specified and outlined in the Warranty Statement and
Procedure, and completed prior to introduction to market by Seller. 
 5.1d A Long-Term Performance Clause will be mutually defined in the Product Warranty
Procedures, and will be intended to support the PV module warranty offered by the Buyer or Buyer’s Contract Manufacturer for a period not to exceed twenty-five years and at graduated Peak Power performances common to industry standards for PV
modules at the time of sale. 
 5.2 Limitation of Liability 
 The
Workmanship Clause of the Product Warranty is limited to the cost of replacement or repair of the PV Modules produced by Buyer or Buyer’s Contract Manufacturer, at the Sellers sole discretion for a period of five years from the date of purchase
of cells. Cost for replacement or repair will be documented by Buyer or Buyer’s Contract Manufacturer and will not exceed two times the price, as defined in Section 4 of the Product sold to construct the module at date of original sale,
plus the replacement cells. 
 Seller shall not be liable for any indirect, special, incidental, or consequential damages, whether based on contract,
tort, or any other legal theory, arising out of any use of the Product, except as described in Section 5 above. There are no other warranties, express or implied. 
 6. Branding and Use of Product 
 The parties will agree upon the use of product, associated product marketing, and use of
Daystar Branding during regular Quarterly Product Projection meetings 
 7. Terms of Payment 
 The purchase price (including DDP) shall be paid in U.S. Dollar by Buyer as follows: 30 days after receipt of invoice. Other methods of payment require an agreement 10 days before delivery. 
 8. Nondisclosure 
 The parties shall keep secret any and all confidential
information and documents provided by the other party or of which they have otherwise obtained knowledge in connection with this Agreement, save for any information or documents that are in the public domain. Seller may disclose the general terms of
this Agreement for purposes of NASDAQ and other US securities 

  

 3 

 
laws and the specific terms to its financial and legal advisors, or if required by law. Confidential information and documents shall be any information or
document that is marked as “Confidential”. 
 9. Final Clauses 
 A. Expenses, Materials, Supplies and Equipment. Unless otherwise specified by DayStar, all expenses, materials and supplies shall be furnished by each party at its sole cost, risk and expense. 
 B. Books and Records. The parties shall keep accurate books and records relating to the Agreement. 
 C. Maintenance of Insurance. The parties shall, obtain, and shall, if requested, provide evidence of the following or similar insurance coverage:
(a) Commercial General Liability insurance - $1,000,000.00 per occurrence, including but not limited to products and completed operations liability, owner’s and contractor’s protective, blanket contractual liability, personal injury
liability, broad form property damage. 
 D. Independent Contractor. Nothing contained in this Agreement shall be construed to constitute the
parties as a partners, employees, or agents of each other, nor shall either party have any authority to bind the other in any respect. It is intended that each shall remain an independent contractor responsible for its own actions. 
 E. Compliance with Law. Each party represents and agrees that in performing under this Agreement, it will comply fully with all permits, laws and
regulations. 
 F. Assignment. This Agreement or any project work hereunder shall not be assigned or subcontracted without the written
consent of each party. 
 G. Notice. Any notice to be given hereunder by either party to the other shall be in writing addressed to the other
party at the principal office address set forth above. 
 H. Arbitration/Choice of Law. Any claim or controversy arising out of or relating
to this Agreement shall be resolved by binding arbitration in Albany, New York by a single arbitrator under the commercial rules of the American Arbitration Association then in effect, and judgment may be entered on the award by any court of
competent jurisdiction. This Agreement and any controversy relating to this Agreement shall be governed by the laws of the State of New York, USA without regard to conflicts or choice of law principles. The controlling language of this Agreement and
any disputes shall be English. 
 I. Entire Agreement. This Agreement contains the entire agreement of the parties relating to the subject
matter and supersedes all prior and contemporaneous agreements, understandings, usages of trade and courses of dealing, whether written or oral. This Agreement may be signed in counterparts and may only be modified by a written agreement, signed by
both parties. 
  

									
	By:	 	 /s/ Bernhard Beck
	 		 	By:	 	 /s/ John R. Tuttle

			
	Name: Bernhard Beck	 		 	Name: John R. Tuttle
	Title: CEO	 		 	Title: CEO & President
					
	Date:	 	6-9-2006            	 		 	Date:	 	Oct 6, 2006            

  

 4Kuma Loan Agreement

    THIS
      PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
      AMENDED, AND MAY NOT BE SOLD, TRANSFERRED ASSIGNED OR HYPOTHECATED UNLESS THERE
      IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES,
      THE SALE IS MADE IN ACCORDANCE WITH RULE 144 UNDER THE ACT, OR THE COMPANY
      RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER REASONABLY SATISFACTORY TO THE
      COMPANY STATING THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT
      FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SUCH
      ACT.

    

    

    PROMISSORY
      NOTE II

     

    
 

    
      	$250,000 	
              January
                1, 2007 

            
	 	 
	 	
              Maturity
                Date: January 31,
                2009                     
                

            

    

     

    Matrixx
      Resource Holdings, Inc., a Delaware corporation (the “Company”), for value
      received, hereby promises to pay to the order of Kuma Holdings LTD, a British
      Columbia, Canada corporation (the “Holder”), pursuant to the terms and
      conditions herein and on or before January 31, 2009, the principal sum of Two
      Hundred Fifty Thousand Dollars ($250,000 U.S. Funds), with 10% annual interest
      as provided below:

    

    1. Payment.

    

    1.1 Payment.
      The
      principal hereof and all accrued interest thereon shall be due and payable
      on as
      scheduled in Section 1.2 hereof (the “Maturity Date”). The Company hereunder
      shall make payments to the Holder, at the address provided to the Company by
      the
      Holder in writing, in lawful money of the United States of America. The note
      shall bear 10% annual interest. 

    

    1.2 Payments.
      The
      Company hereby agrees to make the following payments to the Holder under this
      Note:

    

    (a) $250,000
      on or before January 31, 2009 plus accrued interest. 

    

    (b) $25,000
      of Restricted shares of Matrixx common stock to be issued and valued the date
      the full amount of the note has been received by the Company. Once issued and
      recorded on the books of the Company, shares will be fully vested and
      shareholder shall have all rights as provided for to all
      shareholders.

     

    1.3 Prepayment.
      The
      Company shall have the right to prepay, in whole or in part, the principal
      outstanding hereunder and/or any interest accrued thereon, without premium
      or
      penalty.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2. Default.

    

    2.1 Events
      of Default.
      The
      occurrence of any one or more of the following events shall constitute an “Event
      of Default” hereunder:

    

    (a) Any
      failure by the Company to pay any amount due and payable in accordance with
      the
      terms in paragraph 1.2 hereof, which default is not cured within thirty (30)
      days following the issuance of notice thereof from the Holder, then the entire
      remaining balance plus accrued interest shall becomes immediately due and
      payable. If that payment is not made within 30 days, the colateral, described
      in
      Exhibit “A” and attached hereto, revert to the Holder. 

    

    (b) The
      Company (i) has an order for relief entered against it under the federal
      Bankruptcy Code, (ii) makes an assignment for the benefit of its creditors,
      (iii) applies for or seeks the appointment a receiver, liquidator, assignee,
      trustee or other similar official for it or for any substantial part of its
      property or any such official is appointed, other than upon Company’s request,
      (iv) institutes proceedings seeking an order for relief under the federal
      Bankruptcy Code or seeking to adjudicate it a bankrupt or insolvent, or seeking
      dissolution, winding up, liquidation, reorganization, arrangement, adjustment
      or
      composition of it or any of its debts under other applicable federal or state
      law relating to creditor rights and remedies, or any such proceeding is filed
      against it, other than upon the Company’s request, and such unrequested
      proceeding continues undismissed or unstayed for thirty (30) days, or (v) takes
      corporate action in furtherance of any of the foregoing actions.

    

    2.2 Waivers.
        

    

    (a) The
      Company waives demand, presentment, protest, notice of protest, notice of
      dishonor, and all other notices or demands of any kind or nature with respect
      to
      this Note other than the initial demand for payment.

    

    (b) The
      Company agrees that a waiver of rights under this Note shall not be deemed
      to be
      made by Holder unless such waiver shall be in writing, duly signed by Holder,
      and each such waiver, if any, shall apply only with respect to the specific
      instance involved and shall in no way impair the rights of Holder or the
      obligations of the Company in any other respect at any other time.

    

    (c) The
      Company agrees that in the event Holder demands or accepts partial payment
      of
      this Note, such demand or acceptance shall not be deemed to constitute a waiver
      of any right to demand the entire unpaid balance of this Note at any time in
      accordance with the terms of this Note.

    

    2.3 Equitable
      Remedies.
      The
      Company stipulates that the Holder’s remedies at law in the event of any default
      or threatened default by the Company in the performance of or compliance with
      any of the terms of this Note are not and will not be adequate to compensate
      the
      Holder to the extent permitted by law and that such terms may be specifically
      enforced by a decree for the specific performance of any agreement contained
      herein or by an injunction against a violation of any of the terms hereof or
      otherwise.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2.4 Waiver;
      Cumulative Remedies.
      No
      course of dealing or any delay or failure to exercise any right hereunder on
      the
      Holder’s part shall operate as a waiver of such right or otherwise prejudice the
      Holder’s rights, powers or remedies. No single or partial waiver by the Holder
      of any provision of this Note or of any breach or default hereunder or of any
      right or remedy shall operate as a waiver of any other provision, breach,
      default right or remedy or of the same provision, breach, default, right or
      remedy on a future occasion. The Holder’s rights and remedies are cumulative and
      are in addition to all rights and remedies which the Holder may have in law
      or
      in equity or by statute or otherwise.

    

    2.5 Fees
      and Costs.
      The
      Company shall pay all reasonable attorneys’ fees and court costs incurred by the
      Holder in enforcing and collecting this Note as a result of an Event of
      Default.

    

    3. Representations
      and Warranties of Holder.
      In
      connection with this Note, Holder represents to the Company the
      following:

     

    (a) Sophistication.
      Holder
      has (i) a pre-existing personal or business relationship with the Company
      or one or more of its officers, directors, or control persons; or (ii) by
      reason of Holder's business or financial experience, or by reason of the
      business or financial experience of Holder's financial advisor who is
      unaffiliated with and who is not compensated, directly or indirectly, by the
      Company or any affiliate or selling agent of the Company, Holder is capable
      of
      evaluating the risks and merits of this investment and of protecting Holder's
      own interests in connection with this investment.

    

    (b) Investment
      Intent.
      Holder
      is purchasing this Note for Holder’s own account for investment in a mining
      property. The entire legal and beneficial interest of this Note and the shares
      issued subject to the terms of this note is being purchased, and will be held,
      for Holder’s account. The Company represents and warrants that it has provided
      the Consultant access to all information available to the Company concerning
      its
      condition, financial and otherwise, its management, its business and its
      prospects. The Company represents that it has provided the Consultant with
      all
      copies of the Company’s filings for the prior twelve (12) months made under the
      rules and regulations promulgated under the Securities Act of 1933, as amended
      (the “Act”), or the Securities Exchange Act of 1934, as amended (the “Exchange
      Act”), if any (the “Disclosure Documents”). The Note Holder acknowledges that
      the acquisition of securities to be issued to Note Holder involves a high degree
      of risk. The Note Holder represents that it has been afforded the opportunity
      to
      discuss the Company with its management. The Company represents that it has
      and
      will continue to provide the Note Holder with any information or documentation
      necessary to verify the accuracy of the information contained in the Disclosure
      Documents, and will promptly notify Note Holder upon the filing of any
      registration statement or other periodic reporting documents filed pursuant
      to
      the Act or the Exchange Act. The shares to be issued under the terms and
      conditions of this note will be issued subject to the exemption 4(2) of the
      “Act” 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (c) Economic
      Risk.
      Holder
      realizes that the Note is a highly speculative investment and involves a high
      degree of risk. Holder is able, without impairing Holder's financial condition,
      to hold this Note and to suffer a complete loss of Holder's
      investment.

    

    (d) Restrictions
      on Transfer.
      Holder
      understands that no public market for the Note exists. 

    

    4. Amendments.
      This
      Note may not be amended or modified, nor may any of its terms be waived, except
      by written instruments signed by the Company and the Holder and then only to
      the
      extent set forth therein.

    

    5. Severability.
      If any
      provision of this Note is determined to be invalid, illegal or unenforceable,
      in
      whole or in part, the validity, legality and enforceability of any of the
      remaining provisions or portions of this Note shall not in any way be affected
      or impaired thereby.

    

    6. Binding
      Effect.
      This
      Note shall be binding upon, and shall inure to the benefit of, the Company
      and
      the Holder and their respective successors and assigns.

    

    7. Notices.
      Any
      notice required by any provision of this Note to be given to the Holder shall
      be
      in writing and may be delivered by (i) personal service, (ii) facsimile, (iii)
      sent by registered or certified mail, return receipt requested, with postage
      thereon fully prepaid, or (iv) by a reputable overnight courier service. All
      such communications shall be addressed to the Holder at its address appearing
      on
      the books of the Company.

    

    8. Replacement.
      Upon the
      Company’s receipt of reasonably satisfactory evidence of the loss, theft,
      destruction or mutilation of this Note and (i) in the case of any such loss,
      theft or destruction, upon delivery of indemnity reasonably satisfactory to
      the
      Company in form and amount, or (ii) in the case of any such mutilation, upon
      surrender of this Note for cancellation, the Company, at its expense, shall
      execute and deliver, in lieu thereof, a new Note.

    

    9. No
      Rights as Shareholder.
      This
      Note, as such, shall not entitle the Holder to any rights as a shareholder
      of
      the Company, except as otherwise specified herein.

    

    10. Headings
      and Governing Law.
      The
      descriptive headings in this Note are inserted for convenience only and do
      not
      constitute a part of this Note. The validity, meaning and effect of this Note
      shall be determined in accordance with the laws of the State of California,
      without regard to principles of conflicts of law.

    

    IN
      WITNESS WHEREOF, the Company has duly caused this Note to be signed in its
      name
      and on its behalf by its duly authorized officer as of the date herein above
      written.

    

    
      
        	 	 	 	 	 
	Matrixx Resource Holdings,
                Inc. 	 	Kuma Holdings LTD 	 	 
	 	 	 	 	 
	By:  	 	By:  	 	 
	 	 	 	 	 
	Its: 	 	Its:

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