Document:

AGREEMENT

 

THIS
AGREEMENT dated the 23rd day of
June, 2017,

 

among:

 

SP
group AG, a company duly incorporated under
the laws of Switzerland, having its executive office located at Falkenstrasse 28, Zurich, Switzerland, 8008

 

(“SP
Group”)

 

AND:

 

daniel
greising, a businessman with an office located
at Katrinenhofstrasse 46, Altendorf, Switzerland, 8852

 

(“Greising”)

 

AND:

 

sustainable
petroelum group inc., a company duly incorporated
under the laws of the State of Nevada, having its executive office located at 2316 Pine Ridge Road, 383, Naples, Florida, 34109

 

(the
“Company”)

 

WHEREAS:

 

	A.	SP
    Group wishes enter into a lease to rent office space located at Falkenstrasse 28, Zurich Switzerland, 8008 (the “Office”);
	 	 
	B.	the
    landlord of the Office requires a deposit of CHF$600,000 (the “Deposit”) pursuant to the terms and conditions
    of the lease for the Office (the “Lease”); 
	 	 
	C.	Greising
    has agreed to pay the Deposit upon the terms and conditions contained in this agreement;
	 	 
	D.	the
    Company wishes to purchase, and Greising wishes to grant, assign, transfer and set over unto the Company his entire right,
    title and interest in and to the Deposit upon the terms and conditions contained in this agreement;

  

NOW
THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and the mutual promises, covenants, conditions, representations
and warranties hereinafter contained and the sum of Ten ($10.00) Dollars now paid by each party to one another and for other good
and valuable consideration, the receipt of which is hereby acknowledged, and subject to the terms and conditions hereinafter set
out, the parties hereto have agreed and do hereby agree as follows:

 

    	 	 	 

    	 	-2-	 

    

 

	1.
    	ASSIGNMENT
    AND PURCHASE OF THE DEPOSIT

 

1.1
Greising hereby grants, assigns, transfers and sets over unto the Company his entire right, title and interest in and to the
Deposit, including, without limitation, all rights, benefits and advantages of Greising to be derived therefrom and all burdens,
obligations and liabilities to be derived thereunder, in consideration of the premises and in consideration of Four Hundred Thousand
(400,000) restricted shares of common stock in the capital of the Company (the “Restricted Shares”) to be issued
and delivered to Greising.

 

	2.	REPRESENTATIONS,
    WARRANTIES AND COVENANTS OF GREISING

 

2.1
Greising represents, warrants and covenants to the Company that:

 

	(a)	the
    above premises are true and complete, that the Deposit has been paid in full, and that the SP Group has been given notice
    of this assignment by Greising;
	 	 
	(b)	Greising
    now has a good right, full power and absolute authority to assign its right, title and interest in and to the Deposit in the
    manner set out in Article 1 hereof according to the true intent and meaning of this agreement;
	 	 
	(c)	(i)
    Greising is not a “U.S. person” as that term is defined in Rule 902(c) of Regulation S; (ii) at the time of signing
    this agreement, Greising was outside the United States and no offer of the Restricted Shares was made to Greising within the
    United States; (iii) Greising purchased the Restricted Shares for its own account and not on behalf of any U.S. person, and
    the sale of the Restricted Shares has not been prearranged with any buyer in the United States; and (iv) Greising is not a
    distributor as defined in Regulation S. Greising will not, before the expiration of 12 months from the date of issuance of
    the Restricted Shares (the “Restricted Period”), offer or sell the Restricted Shares to U.S. persons or
    for the account or benefit of U.S. persons and then will only offer and sell the Restricted Shares in compliance with the
    provisions of Regulation S;
	 	 
	(d)	Greising
    understands that the Restricted Shares have not been registered under the U.S. Securities Act of 1933 and are being offered
    and sold pursuant to Regulation S based in part upon the representations of Greising, and that the Company is relying on the
    truth and accuracy of Greising’s representations and warranties to determine whether the offer and sale of the Restricted
    Shares is exempt from registration under the U.S. Securities Act of 1933; and
	 	 
	(e)	Greising
    acknowledges that he has had the opportunity to review this agreement and the transactions contemplated by it with its own
    legal counsel. Greising is relying solely on his counsel and not on any statements or representations of the Company or any
    of his agents for legal advice with respect to this investment or the transactions contemplated by this agreement except for
    the representations, warranties and covenants specifically stated.

 

2.2
The representations, warranties and covenants contained in Section 2.1 are provided for the exclusive benefit of the Company
and a breach of any one or more thereof may be waived by the Company in whole or in part at any time without prejudice to its
rights in respect to any other breach of the same or any other representation or warranty or covenant. Any representations, warranties
and covenants contained in Article 2 shall survive the execution of this agreement.

 

    	 	 	 

    	 	-3-	 

    

 

	3.	REPRESENTATIONS,
    WARRANTIES AND COVENANTS OF THE COMPANY

 

3.1
The Company represents, warrants and covenants to Greising that:

 

	(a)	the
    Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada and has
    the requisite corporate power and authority to carry on its business as now conducted and as proposed to be conducted;
	 	 
	(b)	the
    Company has taken the corporate action that is necessary for the authorization, execution and delivery of this agreement,
    the performance of the Company’s obligations, and the authorization, issuance and delivery of the Restricted Shares,
    and this agreement constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance
    with its terms; and
	 	 
	(c)	the
    Restricted Shares, when issued, sold and delivered in accordance with the terms hereof for the Deposit will be duly and validly
    issued and outstanding, fully paid and non-assessable, and based in part on the representations and warranties of Greising
    will be issued in compliance with all applicable federal, state and other applicable securities laws.

 

3.2
The representations, warranties and covenants contained in Section 3.1 are provided for the exclusive benefit of Greising
and a breach of any one or more thereof may be waived by Greising in whole or in part at any time without prejudice to its rights
in respect to any other breach of the same or any other representation or warranty or covenant. Any representations, warranties
and covenants contained in Article 3 shall survive the execution of this agreement.

 

	4.
    	consent
    and acknowledgement of SP Group

 

4.1
SP Group hereby agrees and consents to the assignment of Greising’s interest in the Deposit to the Company pursuant
to the terms and conditions of this agreement.

 

4.2
SP Group represents, warrants and covenants to the Company that the full amount of the Deposit is being held by the landlord
at the time of this agreement and that the Deposit has not been paid out in full or in part.

 

	5.
    	office
    space rental

 

5.1
In consideration of the premises and in consideration of the Deposit being advanced and paid in accordance with the terms
and conditions of the Lease, SP Group hereby grants to the Company a sub-lease in office space in the Office rent-free for a term
of 10 years commencing on July 1, 2017 to be completed and terminated on June 30, 2027. The Company agrees to enter into the sub-lease
and occupy the office space in accordance with the terms and conditions of the Lease.

 

	6.	governing
    laws

 

6.1
This agreement is governed by and construed in accordance with the laws of the Country of Switzerland, except for matters
arising under the U.S. Securities Act of 1933 or the U.S. Securities and Exchange Act of 1934, which matters must be construed
and interpreted in accordance with those laws.

 

    	 	 	 

    	 	-4-	 

    

 

	7.	COUNTERPART

 

7.1
This agreement may be executed in one or more counterparts, each of which when so executed shall be deemed an original, and
such counterparts together shall constitute one in the same instrument.

 

IN
WITNESS WHEREOF this Agreement was executed by the parties hereto as of the day and year first above written. 

 

	The
    Common Seal of	)	 
	SP
    Group AG	)	 
	affixed
    was hereunto in the presence of:	)	 
	 	)	 
	/s/
    Authorized Signatory 	)
    	C/S 
	Authorized
    Signatory	)	 

 

	SIGNED,
    SEALED and DELIVERED	)	 
	by
    Daniel Greising in the presence of:	)	 
	 	)	 
	/s/
    Witness	)	 
	Signature
    of Witness	)	
	 	)	/s/
    Daniel Greising 
	 	)	daniel
    greising
	Print
    Name	)	 
	 	)	 
	 	)	 
	Address	)	 
	 	)	 
	 	)	 
	Occupation	)	 

 

	The
    Common Seal of	)	 
	Sustainable
    Petroleum Group Inc.	)	 
	affixed
    was hereunto in the presence of:	)	 
	 	)	 
	/s/
    Authorized Signatory	)
    	C/S
	Authorized
    Signatory	)share
PURCHASE AGREEMENT

 

THIS
share PURCHASE AGREEMENT dated as of the 6th
day of June, 2017,

 

between:

 

sustainable
petroelum group inc., a company duly incorporated
under the laws of the State of Nevada, having its executive office located at 2316 Pine Ridge Road, 383, Naples, Florida, 34109

 

(the
“Purchaser”)

 

AND:

christopher
grunder, a businessman with an office located
at Falkenstrasse 28, Zurich, Switzerland, 8008. 

 

(the
“Vendor”)

 

WHEREAS:

 

A.
the Vendor is the registered and beneficial owner of 2,000 shares in the capital of SP Group (Europe) AG (the “SP
Shares”);

 

B.
the Vendor wishes to sell, and the Purchaser wishes to purchase, the SP Shares on the terms and conditions set out in this
agreement;

 

NOW
THEREFORE THIS AGREEMENT WITNESSES that for and in consideration of $1.00 and other good and valuable consideration paid by
each party to the other, the receipt and sufficiency of which are acknowledged, the parties covenant and agree as follows:

 

	1.	The
                                         Vendor agrees to sell and the Purchaser agrees to purchase the SP Shares for and at a
                                         deemed price of US $21,000 at the date of this agreement.

 

	2.	The
                                         Purchaser will issue and deliver 6,000 restricted shares of common stock in the capital
                                         of the Purchaser (the “Restricted Shares”) to the Vendor as consideration
                                         for the transfer of the SP Shares.

 

	3.	The
                                         Vendor represents and warrants to the Purchaser that:

 

		a.	the
                                         Vendor owns its respective SP Shares as the legal and beneficial owner thereof, free
                                         of all liens, claims, charges and encumbrances of every nature and kind whatsoever. The
                                         SP Shares are fully paid and non-assessable and the Vendor has due and sufficient right
                                         and authority to enter into this agreement on the terms and conditions herein set forth
                                         and to transfer the legal and beneficial title and ownership of the SP Shares to the
                                         Purchaser;
	 	 	 
		b.	No
                                         person, firm or corporation has any agreement or option or a right capable of becoming
                                         an agreement for the purchase of the SP Shares, with the exception of this agreement;

 

    	 

    	-2- 

    

 

		c.	(i)
                                         the Vendor is not a “U.S. person” as that term is defined in Rule 902(c)
                                         of Regulation S; (ii) at the time of signing this agreement, the Vendor was outside the
                                         United States and no offer of the Restricted Shares was made to the Vendor within the
                                         United States; (iii) the Vendor acquired the Restricted Shares for its own account and
                                         not on behalf of any U.S. person, and the acquisition of the Restricted Shares has not
                                         been prearranged with any buyer in the United States; and (iv) the Vendor is not a distributor
                                         as defined in Regulation S. The Vendor will not, before the expiration of 12 months from
                                         the date of issuance of the Restricted Shares (the “Restricted Period”),
                                         offer or sell the Restricted Shares to U.S. persons or for the account or benefit of
                                         U.S. persons and then will only offer and sell the Restricted Shares in compliance with
                                         the provisions of Regulation S;
	 	 	 
		d.	the
                                         Vendor understands that the Restricted Shares have not been registered under the U.S.
                                         Securities Act of 1933 and are being offered and acquired pursuant to Regulation S based
                                         in part upon the representations of the Vendor, and that the Purchaser is relying on
                                         the truth and accuracy of the Vendor’s representations and warranties to determine
                                         whether the offer and acquisition of the Restricted Shares is exempt from registration
                                         under the U.S. Securities Act of 1933; and
	 	 	 
		e.	the
                                         Vendor acknowledges that it has had the opportunity to review this agreement and the
                                         transactions contemplated by it with its own legal counsel. The Vendor is relying solely
                                         on its counsel and not on any statements or representations of the Purchaser or any of
                                         its agents for legal advice with respect to this investment or the transactions contemplated
                                         by this agreement except for the representations, warranties and covenants specifically
                                         stated.

 

	4.	The
                                         Purchaser represents and warrants to the Vendor that:

 

		a.	the
                                         Purchaser is a corporation duly organized, validly existing and in good standing under
                                         the laws of the State of Nevada and has the requisite corporate power and authority to
                                         carry on its business as now conducted and as proposed to be conducted;
	 	 	 
		b.	the
                                         Purchaser has taken the corporate action that is necessary for the authorization, execution
                                         and delivery of this agreement, the performance of the Purchaser’s obligations,
                                         and the authorization, issuance and delivery of the Restricted Shares, and this agreement
                                         constitutes a legal, valid and binding obligation of the Purchaser, enforceable against
                                         the Purchaser in accordance with its terms; and
	 	 	 
		c.	the
                                         Restricted Shares, when issued and delivered in accordance with the terms of this agreement
                                         will be duly and validly issued and outstanding, fully paid and non-assessable, and based
                                         in part on the representations and warranties of the Vendor will be issued in compliance
                                         with all applicable federal, state and other applicable securities laws.

 

	5.	All
                                         representations, warranties, covenants and agreements made by the parties in this agreement
                                         or pursuant hereto will, unless otherwise expressly stated, survive the time of closing
                                         and will continue in full force and effect.

 

    	 

    	-3- 

    

 

	6.	The
                                         effective date of sale and purchase of the SP Shares is July 6th, 2017.

 

	7.	This
                                         agreement will ensure to the benefit of and will be binding upon the Vendor and the Purchaser
                                         and upon their respective successors and assigns.

 

	8.	Time
                                         will be of the essence of this agreement.

 

	9.	The
                                         parties will sign such further assurances and other documents and instruments and do
                                         such further and other things as may be necessary to implement and carry out the intent
                                         of the agreement.

 

IN
WITNESS WHEREOF the parties have signed this Share Purchase Agreement as of the day and year first above written.

 

Sustainable
Petroleum Group Inc.

 

	Per:	/s/
    Christian Winzenried	 
	 	Christian
    Winzenried, CEO	 
	 	 	 
	Christopher
    Grunder	 
	 	 	 
	Per:	/s/
    Christopher Grunder	 
	 	Christopher
    Grunder

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