Document:

EXHIBIT 10.6  

July 26,
2006 

Taliera
Corporation

250 East 96th Street, Suite 415

Indianapolis, Indiana 46240 

Morgan
Joseph & Co. Inc.

600 Fifth Avenue, 19th Floor

New York, New York 10020 

	Re:
	Initial
Public Offering 

Ladies
and Gentlemen: 

        The
undersigned stockholder of Taliera Corporation (the "Company"), in consideration of Morgan Joseph & Co. Inc.
("Morgan Joseph") entering into a letter of intent to act as lead underwriter in connection with the initial public offering of the securities of the
Company ("IPO"), hereby agrees as follows: 

        1.     The
undersigned agrees that in connection with the vote required to consummate a Business Combination (as defined in the First Amended and Restated Certificate of
Incorporation of the Company (the "Certificate")), it shall (a) vote the shares of common stock owned by it immediately prior to the IPO
("Insider Shares") in accordance with the majority of the shares of common stock voted by the holders of shares purchased in the IPO and (b) vote
any shares of common stock acquired by it in the IPO or afterward in favor of a Business Combination. 

        2.     The
undersigned will escrow all of its Insider Shares until one year after the Company consummates a Business Combination, subject to the terms of the stock escrow
agreement that the Company will enter into with the undersigned and an escrow agent acceptable to the Company. 

        3.     The
undersigned hereby waives any and all right, title, interest or claim of any kind ("Claim") in or to any distribution of the Trust Account (as defined in the
Certificate) in respect of its Insider Shares as a result of the liquidation of the Trust Account or otherwise and hereby waives any Claim the undersigned may have in the future as a result of, or
arising out of, any contracts or agreements with the Company and will not seek recourse against the Trust Account for any reason whatsoever; provided,
however, that this paragraph shall not limit the undersigned's right to receive distributions from the Trust Account in respect of any securities acquired by it in the IPO or
afterward. 

        4.     The
undersigned acknowledges and agrees that the Company has agreed not to consummate any Business Combination that involves a company that is affiliated with any
director, officer or stockholder or the Company immediately prior to the consummation of the IPO unless the Company obtains an opinion from an independent investment banking firm to the effect that
the Business Combination is fair to the Company's stockholders from a financial perspective. 

        5.     Neither
the undersigned, its security holders, any member of the family of the undersigned's security holders, nor any affiliate of the undersigned will be entitled to
receive or will accept a finder's fee or any other compensation in the event the undersigned, any member of the family of the undersigned's security holders or any affiliate of the undersigned
originates a Business Combination. 

        6.     Neither
the undersigned, its security holders, any member of the family of the undersigned's security holders, nor any affiliate of the undersigned will be entitled to
receive from the Company, and will not accept from the Company, any compensation for services rendered to the Company prior to the consummation of the Business Combination except as described in the
registration statement filed with and declared effective by the Securities and Exchange Commission in connection with the IPO. 

        7.     The
undersigned has full right and power, without violating any agreement by which it is bound, to enter into this letter agreement. 

        8.     This
letter agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, without giving effect to conflicts of law
principles that would result in the application of the substantive laws of another jurisdiction. The undersigned hereby (i) agrees that any action, proceeding or claim against him arising out
of or relating in any way to this letter agreement (a "Proceeding") shall be brought and enforced in the courts of the State of Delaware, and
irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive and (ii) waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient
forum. 

 

        9.     No
term or provision of this letter agreement may be amended, changed, waived, altered or modified except by written instrument executed by the party against whom such
amendment, waiver, alteration or modification is to be enforced. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]  

2

 

        IN WITNESS WHEREOF, the undersigned has executed this agreement as of the date first written above. 

	 	TALIERA HOLDINGS LLC
	

 	

By:	

/s/  J. SMOKE WALLIN      

	

 	

Name:	

J. Smoke Wallin
	

 	

Title:	

Chief Executive Officer

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EXHIBIT 10.11  

 
 

SUBSCRIPTION AGREEMENT    
    

Taliera
Corporation

250 E. 96th Street, Suite 415

Indianapolis, IN 46240

Attn: J. Smoke Wallin 

Dear
Gentlemen: 

        The
undersigned hereby subscribes for and agrees to purchase 1,818,750 shares of common stock (collectively, the "Shares") of Taliera
Corporation, a Delaware corporation (the "Company"), at a price of $0.013745 per Share for an aggregate purchase price of $25,000 (the
"Purchase Price") on the terms and conditions hereinafter set forth. 

        The
undersigned understands that investment in the Shares involves a high degree of risk and is suitable only for sophisticated investors. The undersigned further understands that the
Shares are being offered in reliance upon an exemption from registration provided by the federal Securities Act of 1933, as amended, ("1933 Act") and
Regulation D of the Securities and Exchange Commission thereunder ("Regulation D"), and an exemption from registration provided by
Section 23-2-1-2(b)(10) of the Indiana Code, as amended and Title 6 Section 7309(b)(9) of the Delaware Code, as amended. 

        Accordingly,
the undersigned hereby represents and warrants to you, and intends that you and the Company rely upon these representations and warranties for the purpose of establishing
the acceptability of this subscription offer, as follows: 

        The
undersigned is purchasing the Shares for his or its own investment and not with a view to the distribution or resale thereof to anyone else. 

        The
undersigned acknowledges that the Company has disclosed in writing to him or it that the transferability of the Shares is severely limited and that the undersigned must continue to
bear the economic risk of this investment for an indefinite period as the Shares has not been registered under the 1933 Act or any other state securities laws and therefore cannot be offered or sold
unless they are subsequently registered under such acts or an exemption from such registration is available. 

        The
undersigned agrees that the Shares purchased will not be sold or transferred without registration under the 1933 Act and any applicable state securities law, or until the undersigned
has obtained an opinion of counsel satisfactory to the Company that such registration is not required in connection with any such transaction. 

        The
undersigned agrees that certificates (if any) for the Shares may contain the following legend: "The securities represented by this certificate were acquired for investment only and
not for resale. They have not been registered under the Federal Securities Act of 1933, as amended, or any state securities law. These securities may not be sold, transferred, pledged or hypothecated
unless first registered under such laws, or unless the Corporation has received an opinion of counsel satisfactory to it that registration under such laws is not required. The Company may issue stop
transfer instructions to its transfer agent (if any) or make a notation to such effect on its appropriate records. 

        The
undersigned acknowledges that the Company has made available to him or it the opportunity to ask questions and receive answers concerning (a) the Company; (b) the
Shares; (c) the Company's Certificate of Incorporation; and (d) the Company's Bylaws. 

        The
undersigned has made his or its own inquiry and analysis (on his or its own or with the assistance of others) with respect to (a) the Company; (b) the Shares;
(c) the Company's Certificate of Incorporation; (d) the Company's Bylaws; and (e) other material factors affecting the Shares. Based on such information and analysis, the
undersigned has been able to make an informed decision to subscribe for the Shares. 

        The
undersigned has such knowledge and experience in financial and business matters that he or it is capable of evaluating the merits and risks of investment in the Shares. 

        The
undersigned's principal residence both at the time of the initial offer of the Shares to the undersigned and at present was and is within the State of Indiana. 

        The
undersigned agrees that, notwithstanding the place where this agreement may be executed by any of the parties hereto, all the terms and provisions hereof shall be construed in
accordance with and governed by the laws of the State of Delaware, without regard to principles of conflicts of laws. 

 

        Prior
to the receipt of the Shares, the undersigned agrees that the he or it shall execute a counterpart to the Operating Agreement, a copy of which has been provided to the undersigned,
which provides for certain restrictions on the transferability of the Shares. 

        The
undersigned understands that he or it has no right to require the Company to register the Shares under federal or state securities laws at any time. 

        No
commission or other remuneration shall be paid to any person in connection with the offer or sale of the Shares. 

        The
undersigned is an "accredited investor" as defined in Rule 501(a) promulgated under the 1933 Act. 

        The
undersigned acknowledges and agrees that, Ice Miller, LLP ("IM") solely represents the Company in connection with the issuance of the
Shares and that the undersigned has not been represented by IM in connection with the issuance of the Shares and that the undersigned has been advised by the Company and IM to seek his own legal
representation prior to the undersigned's execution and delivery of this Subscription Agreement. 

        The
undersigned recognizes that you shall have the right to reject this subscription, in whole or in part, for any reason whatsoever and return the subscription proceeds without
interest. 

2

 

        IN
WITNESS WHEREOF, the undersigned has executed this Subscription Agreement as of the 30th day of June, 2006. 

	###-##-####
 Social Security or

Tax Identification of Subscriber	 	Taliera Holdings, LLC
 Printed Name of Subscriber
	

 	
 	

/s/ J. Smoke Wallin
 Signature of Subscriber
	

 	
 	

President
 Officer Title (if an entity)
	

 	
 	

12320 Creekwood Lane
 Street Address of Subscriber
	

 	
 	

Carmel, IN 46032
 City, State and Zip Code
	

        This Subscription Agreement is accepted as of the 30th day of June , 2006.
	

 	
 	

Taliera Corporation
	

 	
 	

By:	

/s/ J. Smoke Wallin
 J. Smoke Wallin, CEO

3

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