Document:

Unassociated Document

    STS
Turbo, Inc.

        

    
      
        

      

    

       

    IP
TRANSFER

    AND

    SECURITIES
PURCHASE AGREEMENT

       

    
      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    IP
TRANSFER AND SECURITIES PURCHASE AGREEMENT

    

    This IP
Transfer and Securities Purchase Agreement (this “Agreement”) is made and
entered into effective as of the 13th day of January, 2010 (the “Effective
Date”) by and between STS Turbo, Inc., a Nevada corporation (the “Company”), and
Richard K. Squires, an individual (the “Purchaser”).  The Company and
Purchaser shall each be referred to as a “Party” and collectively as the
“Parties.”

    

    1.           TRANSFER OF INTELLECTUAL
PROPERTY; PURCHASE OF SHARES:

    

    a)           Purchaser
hereby transfers to the Company all of his rights, title and interest in and to
the intellectual property (the “Intellectual Property”) described in Exhibit A attached
hereto (the “IP Transfer”) which amount, when and if accepted by the Company,
will constitute the payment by the Purchaser of the Purchase Price for the
Shares (as defined below).

    

    b)           In
exchange for the IP Transfer, the Company hereby agrees to issue to Purchaser
Five Million (5,000,000) shares of its common stock (the “Shares”)

    

    2.           REPRESENTATIONS, WARRANTIES
AND AGREEMENTS BY PURCHASER:  The Purchaser hereby represents,
warrants and agrees as follows:

    

    a)           Purchase for Own
Account.  Purchaser represents that he is acquiring the Shares
solely for his own account and beneficial interest for investment and not for
sale or with a view to distribution of the Shares or any part thereof, has no
present intention of selling (in connection with a distribution or otherwise),
granting any participation in, or otherwise distributing the same, and does not
presently have reason to anticipate a change in such intention.

    

    b)           Ability to Bear Economic
Risk.  Purchaser acknowledges that investment in the Shares
involves a high degree of risk, and represents that he is able, without
materially impairing his financial condition, to hold the Shares for an
indefinite period of time and to suffer a complete loss of his
investment.

    

    c)           Access to Information. The
Purchaser acknowledges that the Purchaser has been furnished with such financial
and other information concerning the Company, the directors and officers of the
Company, and the business and proposed business of the Company as the Purchaser
considers necessary in connection with the Purchaser’s investment in the
Shares.  Purchaser further acknowledges receipt of the Investor Term
Sheet attached hereto as Exhibit
B.  As a result, the Purchaser is thoroughly familiar with the
proposed business, operations, properties and financial condition of the Company
and has discussed with officers of the Company any questions the Purchaser may
have had with respect thereto.  The Purchaser
understands:

    

    (i)           The
risks involved in this investment, including the speculative nature of the
investment;

    

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    (ii)           The
financial hazards involved in this investment, including the risk of losing the
Purchaser’s entire investment;

    

    (iii)           The
lack of liquidity and restrictions on transfers of the Shares; and

    

    (iv)           The
tax consequences of this investment.

    

    The Purchaser has consulted with the
Purchaser’s own legal, accounting, tax, investment and other advisers with
respect to the tax treatment of an investment by the Purchaser in the Shares and
the merits and risks of an investment in the Shares.

    

    d)           Shares Part of Private Placement.  The
Purchaser has been advised that the Shares have not been registered under the
Securities Act of 1933, as amended (the “Act”), or qualified under the
securities law of any state, on the ground, among others, that no distribution
or public offering of the Shares is to be effected and the Shares will be issued
by the Company in connection with a transaction that does not involve any public
offering within the meaning of section 4(2) of the Act and/or Regulation D as
promulgated by the Securities and Exchange Commission under the Act, and under
any applicable state blue sky authority.  The Purchaser understands
that the Company is relying in part on the Purchaser’s representations as set
forth herein for purposes of claiming such exemptions and that the basis for
such exemptions may not be present if, notwithstanding the Purchaser’s
representations, the Purchaser has in mind merely acquiring Shares for resale on
the occurrence or nonoccurrence of some predetermined event.  The
Purchaser has no such intention.

    

    e)           Further Limitations on
Disposition.  Purchaser further acknowledges that the Shares
are restricted securities under Rule 144 of the Act, and, therefore, when issued
by the Company to the Purchaser will contain a restrictive legend substantially
similar to the following:

    

    THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”).  THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR
HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE
SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY
THAT SUCH REGISTRATION IS NOT REQUIRED.

    

    Purchaser further acknowledges that the
Shares are subject to the terms and conditions of that certain Lock Up Agreement
dated May 8, 2009 by and between the Company, Purchaser, and other shareholders
of the Company.

    

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    f)           Purchaser
has the full right, power and authority to enter into this Agreement and to
carry out and consummate the transactions contemplated herein.  This
Agreement, and all of the Exhibits attached hereto, constitutes the legal, valid
and binding obligation of Purchaser.  The Purchaser shall transfer
title in and to the  Intellectual Property free and clear of all
liens, security interests, pledges, encumbrances, charges, restrictions,
demands, and claims of any kind or nature whatsoever, whether direct or indirect
or contingent.

    

    3.           REPRESENTATIONS, WARRANTIES
AND AGREEMENTS BY COMPANY:  The Company hereby represents,
warrants and agrees as follows:

    

    a)           Corporate
Power.  The Company has all requisite corporate power to
execute and deliver this Agreement and to carry out and perform its obligations
under the terms of this Agreement.

    

    b)           Authorization.  All
corporate action on the part of the Company, its directors and its stockholders
necessary for the authorization, execution, delivery and performance of this
Agreement by the Company and the performance of the Company’s obligations
hereunder has been taken or will be taken prior to the issuance of the
Shares.  This Agreement, when executed and delivered by the Company,
shall constitute valid and binding obligations of the Company enforceable in
accordance with their terms, subject to laws of general application relating to
bankruptcy, insolvency, the relief of debtors and, with respect to rights to
indemnity, subject to federal and state securities laws.  The issuance
of the Shares will be validly issued, fully paid and nonassessable, will not
violate any preemptive rights, rights of first refusal, or any other rights
granted by the Company, and will be issued in compliance with all applicable
federal and state securities laws, and will be free of any liens or
encumbrances, other than any liens or encumbrances created by or imposed upon
the Purchaser through no action of the Company; provided, however, that the
Shares may be subject to restrictions on transfer under state and/or federal
securities laws as set forth herein or as otherwise required by such laws at the
time the transfer is proposed.

    

    c)           Governmental
Consents.  All consents, approvals, orders, or authorizations
of, or registrations, qualifications, designations, declarations, or filings
with, any governmental authority required on the part of the Company in
connection with the valid execution and delivery of this Agreement, the offer,
sale or issuance of the Shares, or the consummation of any other transaction
contemplated hereby shall have been obtained, except for notices required or
permitted to be filed with certain state and federal securities commissions,
which notices will be filed on a timely basis.

    

    4.           INDEMNIFICATION:  The
Purchaser hereby agrees to indemnify and defend the Company and its directors
and officers and hold them harmless from and against any and all liability,
damage, cost or expense incurred on account of or arising out of:

    

    (a)           Any
breach of or inaccuracy in the Purchaser’s representations, warranties or
agreements herein;

    

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    (b)           Any
disposition of any Shares contrary to any of the Purchaser’s representations,
warranties or agreements herein;

    

    (c)           Any
action, suit or proceeding based on (i) a claim that any of said
representations, warranties or agreements were inaccurate or misleading or
otherwise cause for obtaining damages or redress from the Company or any
director or officer of the Company under the Act, or (ii) any disposition of any
Shares.

    

    5.           MISCELLANEOUS:

    

    a)           Binding
Agreement.  The terms and conditions of this Agreement shall
inure to the benefit of and be binding upon the respective successors and
assigns of the Parties.  Nothing in this Agreement, expressed or
implied, is intended to confer upon any third party any rights, remedies,
obligations, or liabilities under or by reason of this Agreement, except as
expressly provided in this Agreement.

    

    b)           Governing Law;
Venue.  This Agreement shall be governed by and construed under
the laws of the State of Utah as applied to agreements among Utah residents,
made and to be performed entirely within the State of Utah.  The
Parties agree that any action brought to enforce the terms of this Agreement
will be brought in the appropriate federal or state court having jurisdiction
over Salt Lake County, Utah, United States of America.

    

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

    

    d)           Titles and
Subtitles.  The titles and subtitles used in this Agreement are
used for convenience only and are not to be considered in construing or
interpreting this Agreement.

    

    e)           Notices. All notices required
or permitted hereunder shall be in writing and shall be deemed effectively
given: (a) upon personal delivery to the Party to be notified, (b) when sent by
confirmed facsimile if sent during normal business hours of the recipient, if
not, then on the next business day, or (c) one (1) day after deposit with a
nationally recognized overnight courier, specifying next day delivery, with
written verification of receipt.  All communications shall be sent as
follows:

    

    
      
        
          
            	
                    If
      to the Company:

                  	 
      	
                    STS
      Turbo, Inc.

                  
	 
      	 
      	
                    165
      N. 1330 West, Suite A-4

                  
	 
      	 
      	
                    Orem,
      UT  84057

                  
	 
      	 
      	
                    Facsimile
      No.: (801) 224-3477

                  
	 
      	
                      

                  	
                    Attn:  President

                  

          

        

      

    

    

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                    If
      to Purchaser:

                  	 
      	
                    Richard
      K. Squires

                  
	 
      	 
      	
                    165
      N. 1330 West, Suite A-4

                  
	 
      	 
      	
                    Orem,
      UT  84057

                  
	 
      	
                      

                  	
                    Facsimile
      No.: (801)
224-3477

                  

          

        

      

    

    

    or at
such other address as the Company or Purchaser may designate by ten (10) days
advance written notice to the other Party hereto.

    

    f)           Modification;
Waiver.  No modification or waiver of any provision of this
Agreement or consent to departure therefrom shall be effective unless in writing
and approved by the Company and the Purchaser.

    

    g)          Entire Agreement;
Successors.  This Agreement and the Exhibits hereto constitute
the full and entire understanding and agreement between the Parties with regard
to the subjects hereof and no Party shall be liable or bound to the other Party
in any manner by any representations, warranties, covenants and agreements
except as specifically set forth herein.  The representations,
warranties and agreements contained in this Agreement shall be binding on the
Purchaser’s successors, assigns, heirs and legal representatives and shall inure
to the benefit of the respective successors and assigns of the Company and its
directors and officers.

    

    
      h)        
 Expenses.  Each
Party shall pay their own expenses in connection with this
Agreement.  In addition, should either Party commence any action, suit
or proceeding to enforce this Agreement or any term or provision hereof, then in
addition to any other damages or awards that may be granted to the prevailing
Party, the prevailing Party shall be entitled to have and recover from the other
Party such prevailing Party’s reasonable attorneys’ fees and costs incurred in
connection therewith.

    

    

    IN
WITNESS WHEREOF, the Parties have
executed this IP Transfer and Securities Purchase Agreement as of the date first
written above.

    

    
      
        
          
            
              
                
                  	
                          “Company”

                        	 	
                          “Purchaser”

                        
	 
      	 	 
      
	
                          STS
      Turbo, Inc.,

                        	 	 
      
	
                          a
      Nevada corporation

                        	 	 
      
	 	 	 
	/s/
      Richard K. Squires	 	/s/
      Richard K. Squires
	
                          By:         Richard
      K. Squires

                        	 	
                          Richard
      K. Squires, an individual

                        
	
                          Its:         President

                        	 	 
      

                

              

            

          

        

      

    

    

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    Exhibit
A

    

    Intellectual
Property

    

    A ‘green’ power producing technology
that harnesses wasted energy that already exists in vehicles, and converts that
wasted energy into a usable power source capable of dramatically enhancing the
fuel mileage and efficiency of all types of vehicles.

    
      
         

      

      
        A -
1

        
          

        

      

      
         

      

    

    Exhibit
B

    

    STS
TURBO, INC.

    TERM
SHEET

    

    January
13, 2009

    

    
      
        	
                Company:

              	 
      	
                STS
      Turbo, Inc., a Nevada corporation

              
	 
      	 
      	 
      
	
                Date
      of Formation:

              	 
      	
                August
      28, 2008

              
	 
      	 
      	 
      
	
                Capitalization:

              	 
      	
                Before the
      offering:

                  

                ·     The
      Company is authorized to issue 100,000,000 shares of common stock and
      10,000,000 shares of preferred stock.  

                ·    
      There are 28,646,000 shares of common stock and 500,000 shares of
      preferred stock outstanding.

                   

                After the
      offering:

                  

                ·    
      There will be 33,646,000 shares of common stock and 500,000 shares
      of preferred stock outstanding.

              
	 
      	 
      	 
      
	
                Subsidiaries:

              	 
      	
                The
      Company has one wholly-owned subsidiary, Squires Turbo Systems, Inc., a
      Utah corporation.

              

      

    

    
      
         

      

      
        B -
1Unassociated Document

    NUGEN
MOBILITY, INC

    

    SUBSCRIPTION
AGREEMENT

    

    ARTICLE
I

    PURCHASE OF
SHARES

     

    1.1          Subscription.  The
undersigned (the “Subscriber”) hereby subscribes (the “Subscription”) to
purchase the number of shares of the common stock, $0.001 par value per share
(the “Shares”), of NuGen Mobility, Inc., a Delaware corporation (the “Company”),
set forth on the Subscriber’s signature page hereto at a purchase price of $0.15
per share.  This Subscription shall become effective when it has been
duly executed by the Subscriber and this Subscription agreement (the
“Subscription Agreement”) has been accepted and agreed to by the
Company.

     

    1.2          Receipt of Executive Summary
Acknowledged.  The Subscriber acknowledges receipt of a copy of
the Company’s Private Placement Memorandum dated November 9, 2009 and the
related exhibits (the “Summary).

     

    THE
SUBSCRIBER ACKNOWLEDGES THAT THE SUBSCRIBER IS ACQUIRING THE SHARES AFTER
INVESTIGATION OF THE COMPANY AND ITS PROSPECTS AND THAT NO OFFER OR SOLICITATION
HAS BEEN MADE TO THE SUBSCRIBER EXCEPT THROUGH THIS AGREEMENT.  THE
SUBSCRIBER FURTHER ACKNOWLEDGES THAT THE SUBSCRIBER IS NOT RELYING UPON ANY
REPRESENTATION MADE BY ANY PERSON EXCEPT AS CONTAINED HEREIN.

    

    1.3          Acceptance of
Subscription.  It is understood and agreed that this
Subscription is made subject to the following conditions:

     

    (a)          The
Company shall have the right to accept or reject Subscriptions in any order it
shall determine, in whole or in part, for any reason (or for no
reason).

     

    (b)          Subscriptions
are not binding on the Company until accepted by the Company.  The
Company will refuse any Subscription by giving written notice to the Subscriber
by personal delivery or first-class mail.  In its sole discretion, the
Company may establish a limit on the purchase of Shares by a particular
Subscriber.

     

    (c)          If
the Company rejects a Subscription or returns Subscription proceeds because the
Company has failed to sell the required minimum number of Shares by the
Termination Date (as defined and described in the Summary), the Company shall
cause all Subscription proceeds to be returned to the Subscriber.  The
Subscription will not accrue interest.  The right to receive the
return of such Subscription proceeds is not assignable.

     

    ARTICLE
II

    REPRESENTATIONS AND
WARRANTIES

     

    2.1         Restrictions on
Transferability; Legend.

     

    (a)           The
Subscriber understands that the Shares cannot be sold, assigned, transferred,
exchanged, hypothecated or pledged, or otherwise disposed of or encumbered
without the prior written consent of the Company, which may be given or withheld
in its sole and absolute discretion, and that no market will exist for the
resale of any of the Shares.  In addition, the Subscriber understands
that the Shares have not been registered under the Securities Act of 1933, as
amended (the “Securities Act”), or under any applicable state securities or
“blue sky” laws or the laws of any other jurisdiction, and the Subscriber
further understands that the Shares are being offered and sold in reliance on
exemptions from registration and cannot be resold unless they are so registered
or unless an exemption from registration is available. The Subscriber
understands that the Company is not required and does not plan to register the
Shares.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (b)           Any
certificate or other evidence of ownership of the Shares shall bear a legend
substantially as follows:

     

    THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR APPLICABLE STATE SECURITIES LAWS
AND MAY NOT BE TRANSFERRED UNLESS SUCH TRANSFER IS REGISTERED UNDER THE
SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR MEETS THE REQUIREMENTS OF
AN EXEMPTION THEREFROM, THE AVAILABILITY OF WHICH IS CONFIRMED IN AN OPINION OF
COUNSEL, REASONABLY ACCEPTABLE TO THE COMPANY.

     

    2.2         Representations and
Warranties by the Subscriber.  The Subscriber represents and
warrants to the Company that:

     

    (a)           The
Subscriber is acquiring the Shares for the Subscriber’s own account, as
principal, for investment purposes only and not with any intention to resell,
distribute or otherwise dispose of or fractionalize the Shares, in whole or in
part.

     

    (b)           The
Subscriber has been furnished, has carefully read, and has relied solely (except
for information obtained pursuant to paragraph (c) below), on the information
contained in the Private Placement Memorandum and in this Subscription Agreement
and the Subscriber has not received any other offering literature or prospectus
and no representations or warranties have been made to the Subscriber by the
Company, other than the representations set forth in this
Agreement.

     

    (c)           The
Subscriber has had an unrestricted opportunity to: (i) obtain additional
information concerning the offering of Shares pursuant to the Private Placement
Memorandum (the “Offering”), the Company, and any other matters relating
directly or indirectly to the Subscriber’s purchase of the Shares; and (ii) ask
questions of, and receive answers from the Company concerning the terms and
conditions of the Offering and to obtain such additional information as may have
been necessary to verify the accuracy of the information contained in the
Private Placement Memorandum. In addition to the foregoing, the Subscriber
acknowledges that the Subscriber has conducted, or been afforded the opportunity
to conduct, an investigation of the Company and has been offered the opportunity
to ask representatives of the Company questions about the Company’s financial
condition and business and that the Subscriber has obtained such publicly
available information as the Subscriber has requested, to the extent the
Subscriber has deemed necessary, to permit the Subscriber to fully evaluate the
merits and risks of an investment in the Company.

    
      
         

      

      
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    (d)           The
Subscriber is capable of evaluating the merits and risks of investing in the
Company, and all information that the Subscriber has provided concerning the
Subscriber, the Subscriber’s financial position and knowledge of financial and
business matters is true, correct and complete. The Subscriber further
acknowledges and understands that the Company will rely on the information
provided by the Subscriber in this Agreement for purposes of complying with
Federal and applicable state securities laws.

     

    (e)           The
Subscriber represents that the Subscriber is an “Accredited Investor” as such
term is defined in Rule 501(a)(1-8) of Regulation D promulgated under the
Securities Act of 1933, as amended (the “Securities Act”).

     

    (f)           Except
for Martinez-Ayme Securities, the Subscriber has not dealt with a broker in
connection with the purchase of the Shares and agrees to indemnify and hold the
Company harmless from any claims for brokerage or fees in connection with the
transactions contemplated herein.

     

    (g)           The
Subscriber has a pre-existing personal or business relationship with the
Company, one of the Company’s officers, or one of the Company’s
affiliates.  The Subscriber is not subscribing for the Shares because
of or following any advertisement, article, notice or other communication
published in any newspaper, magazine or similar media or broadcast over
television or radio, or presented at any seminar or meeting, or any solicitation
by a person other than an authorized representative of the Company.

     

    (h)           The
Subscriber is not relying on the Company with respect to any legal, investment
or tax considerations involved in the purchase, ownership and disposition of the
Shares. The Subscriber has relied solely on the advice of, or has consulted
with, in regard to the legal, investment and tax considerations involved in the
purchase, ownership and disposition of a Share, the Subscriber’s own legal
counsel, business and/or investment adviser, accountant and tax
adviser.

     

    (i)           The
Subscriber understands that he is purchasing the Shares in the Company without
being furnished any offering literature other than the Private Placement
Memorandum, which may not contain all information that might be material to the
Subscriber’s investment decision and which information cannot be relied on by
the Subscriber as the only representations being made by the Company in
connection with the Offering are those contained in this Agreement.

     

    (j)           If
the Subscriber is a corporation, partnership, trust or other entity: (i) it is
authorized and qualified to make an investment in the Company; (ii) the person
signing this Subscription Agreement on behalf of such entity has been duly
authorized by such entity to do so; and (iii) such entity was not organized or
reorganized for the specific purpose of acquiring the Shares.

     

    (k)           The
Subscriber acknowledges and is aware of the following:

     

     (i)           that
no federal or state agency has made any finding or determination as to the
fairness of offering of Shares for investment or any recommendation or
endorsement of the Shares;

    

     (ii)          that
none of the following has ever been represented, guaranteed, or warranted to the
Subscriber by the Company or its agents, or employees or by any other person,
expressly or by implication:

    
      
         

      

      
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    (1)           the
approximate or exact length of time that the Subscriber will be required to
remain as an owner of the Shares;

    

    (2)           that
the prior performance of the Company or any of its  affiliates, their
respective officers or directors, or their respective associates, agents or
employees, will in any way indicate the predictable results of the ownership of
the Shares or of the Company, or

    

    (3)           that
Subscriptions will be accepted in the order in which they are received;
and

    

    (iii)         that
the Company shall incur certain costs and expenses and undertake other actions
in reliance upon the irrevocability of the Subscription for the Shares made
hereunder.

    

    (l)           The
Subscriber understands the various risks of an investment in the Company and has
carefully reviewed the various risks summarized under “RISK FACTORS” in the Private
Placement Memorandum. The Subscriber understands that such risk factors are not
exclusive of the risks inherent with an investment in the Company.

     

    (m)          The
Subscriber is willing and able to bear the economic risks of an investment in
the Company for an indefinite period of time.

     

    (n)           The
Subscriber maintains the Subscriber’s domicile, and is not merely a transient or
temporary resident, at the address shown on the signature page of this
Subscription Agreement

     

    (o)           The
Subscriber acknowledges that nothing hereunder shall preclude the Company from
seeking and/or procuring additional equity and/or debt financing.  The
Subscriber acknowledges that the Company may offer additional securities for
sale to third parties on similar or different terms, and that such sales will
dilute the Subscriber’s interest in the Company unless the Subscriber makes an
additional investment in the Company.

     

    (p)           The
Subscriber has received all documents, records, books and other information
pertaining to the Subscriber’s investment in the Company that has been requested
by the Subscriber.

     

    (q)           The
Subscriber understands that the price of the Shares offered hereby was
determined by the Company without reference to the assets or book value of the
Company.

     

    2.3         Company’s Representations
and Warranties.  The Company represents and warrants to the
Subscriber as follows:

    

    (a)         
Organization of the
Company.  The Company is a corporation duly organized and
validly existing and in good standing under the laws of the State of
Delaware.

    
      
         

      

      
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    (b)          Authority.   (a)  The
Company has the requisite corporate power and authority to enter into and
perform its obligations under this Agreement and to issue the Shares; (b) the
execution and delivery of this Agreement by the Company and the consummation by
it of the transactions contemplated hereby and thereby have been duly authorized
by all necessary corporate action and no further consent or authorization of the
Company or its Board of Directors or stockholders is required; and (c) this
Agreement has been duly executed and delivered by the Company and constitutes a
valid and binding obligation of the Company enforceable against the Company in
accordance with its terms, except as
such  enforceability  may be limited by applicable
bankruptcy, insolvency, or similar laws relating to, or affecting generally the
enforcement of, creditors' rights and remedies or by other equitable principles
of general application.

    

    (c)          Exemption from Registration;
Valid Issuances.  The sale and issuance of the Shares, in
accordance with the terms and on the bases of the representations and warranties
of the undersigned set forth herein, may and shall be properly issued by the
Company to the undersigned pursuant to any applicable federal or state law. When
issued and paid for as herein provided, the Shares shall be duly and validly
issued, fully paid, and non-assessable. Neither the sales of the Shares pursuant
to, nor the Company's performance of its obligations under, this Agreement shall
result in the creation or imposition of any liens, charges, claims or other
encumbrances upon the Shares or any of the assets of the Company. The Shares
shall not subject the Subscriber to personal liability by reason of the
ownership thereof.

    

    (d)          No General Solicitation or
Advertising in Regard to this Transaction.  Neither the Company
nor any of its affiliates nor any person acting on its or their behalf (a) has
conducted or will conduct any general solicitation (as that term is used in Rule
502(c) of Regulation D) or general advertising with respect to any of the
Shares, or (b) made any offers or sales of any security or solicited any offers
to buy any security under any circumstances that would require registration of
the Shares under the Securities Act.

    

    ARTICLE
III

    MISCELLANEOUS

     

    3.1          Indemnity.  The
Subscriber agrees to indemnify and hold harmless the Company, and each other
person, if any, who controls any such entity within the meaning of Section 15 of
the Securities Act against any and all loss, liability, claim, damages and
expense whatsoever (including, but not limited to, any and all expenses
whatsoever reasonably incurred in investigating, preparing or defending against
any litigation commenced or threatened or any claim whatsoever) arising out of
or based upon any breach or failure by the Subscriber to comply with any
representation, warranty, covenant or agreement made by the Subscriber herein or
in any other document furnished by the Subscriber to any of the foregoing in
connection with this Subscription Agreement.

     

    3.2          Survival of Representations
and Warranties.  The representations and warranties of the
Subscriber shall survive the closing and shall be fully enforceable at law or in
equity against the Subscriber and the Subscriber’s heirs and personal
representatives.

     

    3.3          Revocation.    The
Subscriber acknowledges and agrees that this Subscription for Shares is
irrevocable, and that such Subscription shall survive the death or disability of
the Subscriber.

     

    3.4          Addresses and
Notices.  The address of each party for all purposes shall be
the address set forth on the signature pages annexed hereto, or such other
address of which the other parties have received written notice. Any notice,
demand or request required or permitted to be given or made hereunder shall be
in writing and shall be deemed given or made when delivered in person or three
business days after being sent to such party at such address by registered or
certified mail, return receipt requested.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    3.5          Titles and
Captions.  All Article and Section titles or captions in this
Subscription Agreement are for convenience only. They shall not be deemed part
of this Subscription Agreement and do not in any way define, limit, extend or
describe the scope or intent of any provisions hereof.

     

    3.6          Assignability.  This
Subscription Agreement is not transferable or assignable.

     

    3.7          Pronouns and
Plurals.  Whenever the context may require, any pronoun used
herein shall include the corresponding masculine, feminine or neuter forms. The
singular form of nouns, pronouns and verbs shall include the plural and vice
versa.

     

    3.8          Further
Action.  The parties shall execute and deliver all documents,
provide all information and take or forbear from taking all such action as may
be necessary or appropriate to achieve the purposes of this Subscription
Agreement. Each party shall bear its own expenses in connection
therewith.

     

    3.9          Applicable
Law.  This Subscription Agreement shall be construed in
accordance with and governed by the laws of the State of Delaware without regard
to Delaware conflict of law rules.

     

    3.10        Binding
Effect.  This Subscription Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective heirs,
administrators, successors, legal representatives, personal representatives,
permitted transferees and permitted assigns. If the Subscriber is more than one
person, the obligation of the Subscriber shall be joint and several and the
agreements, representations, warranties and acknowledgments herein contained
shall be deemed to be made by and be binding upon each such person and such
person’s heirs, executors, administrators and successors.

     

    3.11        Integration.  This
Subscription Agreement, together with the confidentiality agreement between the
Company and the Subscriber, constitutes the entire agreement among the parties
pertaining to the subject matter hereof and supersedes and replaces all prior
and contemporaneous agreements and understandings, whether written or oral,
pertaining thereto. No covenant, representation or condition not expressed in
this Subscription Agreement shall affect or be deemed to interpret, change or
restrict the express provisions hereof.

     

    3.12        Amendment.  This
Subscription Agreement may be modified or amended only with the written approval
of all parties hereto.

     

    3.13        Creditors.  None
of the provisions of this Subscription Agreement shall be for the benefit of or
enforceable by creditors of any party.

     

    3.14        Waiver.  No
failure by any party to insist upon the strict performance of any covenant,
agreement, term or condition of this Subscription Agreement or to exercise any
right or remedy available upon a breach thereof shall constitute a waiver of any
such breach or of any other covenant, agreement, term or condition.

     

    3.15        Rights and
Remedies.  The rights and remedies of each of the parties
hereunder shall be mutually exclusive, and the implementation of one or more of
the provisions of this Subscription Agreement shall not preclude the
implementation of any other provision.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    3.16        Counterparts.  This
Subscription Agreement may be executed in counterparts and by facsimile, all of
which taken together shall constitute one agreement binding on all the parties
notwithstanding that all the parties are not signatories to the original or the
same counterpart.

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    SUBSCRIPTION
AGREEMENT SIGNATURE PAGE FOR INDIVIDUALS

    

    IN WITNESS WHEREOF, the
Subscriber has caused this Agreement to be executed as of the ____ day of
___________________, 2009.

     

    Number of
Shares Subscribed for: ______

     

    Purchase
Price @ $0.15 per Share: $__________

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        	 
      	 	 
      
	
                                                (Signature
      of Subscriber)

                                              	 	
                                                (Signature
      of Spouse or Joint Owner, If Any)

                                              
	 
      	 	 
      
	 
      	 	 
      
	
                                                (Print
      Name of Subscriber)

                                              	 	
                                                (Print
      Name of Spouse or Joint Owner, If Any)

                                              
	 
      	 	 
      
	 
      	 	 
      
	 
      	    
      	 
      
	 
      	    
      	 
      
	
                                                (Address)

                                              	 	
                                                (Address)

                                              
	 
      	 	 
      
	
                                                (    )

                                              	 	
                                                (    )

                                              
	
                                                (Telephone
      Number)

                                              	 	
                                                (Telephone
      Number)

                                              
	 
      	 	 
      
	 
      	 	 
      
	
                                                (Social
      Security Number)

                                              	 	
                                                (Social
      Security Number)

                                              
	 
      	 	 
      
	 
      	 	 
      
	
                                                (Date)

                                              	 	
                                                (Date)

                                              

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    Note:  If
two purchasers are signing, please check the manner in which ownership is to be
legally held (the indicated manner shall be construed as if written out in full
accordance with applicable laws or regulations):

    

    
      	
              ______

            	
              JT
      TEN:  As joint tenants with right of survivorship and not as
      tenants in common.

            

    

     

    
      	
              ______

            	
              TEN
      COM:  As tenants in
common.

            

    

    

    
      	
              ______

            	
              TEN
      ENT:  As tenants by the
entireties.

            

    

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    SUBSCRIPTION
AGREEMENT SIGNATURE PAGE FOR CORPORATIONS, TRUSTS, COMPANYS OR RETIREMENT
PLANS

    

    IN WITNESS WHEREOF, the
Subscriber has caused this Agreement to be executed as of the ____ day of
___________________, 2009.

     

    Number of
Shares Subscribed for:                                  

    

    Purchase
Price @ $0.15 per Share  $                                                       

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                	 
      
	
                                        (Print
      Name of Subscriber)

                                      
	 
      	 
      
	
                                        By:

                                      	 
      
	 
      	
                                        (Signature
      of Authorized Person)

                                      
	 
      	 
      
	 
      
	
                                        (Print
      Name of Authorized Person)

                                      
	 
      	 
      
	 
      
	
                                        (Title
      of Authorized Person)

                                      
	 
      	 
      
	 
      
	 
      
	 
      
	
                                        (Address)

                                      
	 
      	 
      
	 
      
	
                                        (Telephone
      Number)

                                      
	 
      	 
      
	 
      
	
                                        (Federal
      Employer Identification Number

                                      
	
                                        or
      Other Tax Identification
Number)

                                      

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    APPROVED AND ACCEPTED in
accordance with the terms of this Subscription Agreement on this ____ day of
_________________, 2009.

    

    NuGen
Mobility, Inc.

    

    
      
        
          	
                  By:

                	 
      

        

      

    

    
      
         

      

      
        9

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