Document:

exhibit1099.htm

     

    
      

      

    

    Exhibit
      10.99

     

    
      SmarTire
        Systems Inc.

      Suite
        150, 13151 Vanier Place

      Richmond,
        British Columbia

      Canada,
        V6V 2J1

       

      T:
        604.276.9884

      F:
        604.276.2350

      www.smartire.com

      SMTR:
        OTCBB

      

      May
        7,
        2007

      

      Johnny
        Christiansen

      Spurvestien
        24

      3189
        Horten

      Norway

      

      Dear
        Johnny:

       

      Re:           Resignation
        as Director

       

      We
        accept
        your resignation as a Director of SmarTire Systems Inc. We agree to a full
        and
        final settlement with you as follows:

       

      
        	
                1.  

              	
                All
                  stock options previously granted to you will expire thirty days
                  after the
                  date of this letter except for 900,000 stock options granted to
                  you on
                  December 20, 2004 which will remain exercisable into common shares
                  of the
                  Company at $0.03 per share until the option expiry date of December
                  19,
                  2009. You agree to sell shares in accordance with the terms of
                  the lock-up
                  agreements entered into in certain financings entered into by the
                  Company.

              

      

       

      
        	
                2.  

              	
                Director
                  fees of US$40,208 owed to you will be paid in 2,039,997 free trading
                  shares of the Company.

              

      

       

      
        	
                3.  

              	
                You
                  agree to sell shares in accordance with the terms of the lock-up
                  agreements entered into in certain financings by the
                  Company.

              

      

       

      This
        letter agreement is intended to be a binding agreement between the parties
        subject to the terms and conditions hereof. You hereby release and forever
        discharge remise, release and forever discharge SmarTire Systems Inc., its
        successors and assigns of and from any and all actions, causes of action,
        claims
        and demands which you had or now has, or which your successors and assigns
        hereafter can, shall or may have, and, without limiting the generality of
        the
        foregoing, any actions, causes of action, claims and demands, whether known
        or
        unknown, suspected or unsuspected, whatsoever and wheresoever, whether at
        law or
        in equity, which have resulted from or may in any way arise out of this
        engagement by SmarTire Systems Inc.

       

      This
        letter agreement may be executed in several counterparts, each of which will
        be
        deemed to be an original and all of which will together constitute one and
        the
        same instrument.  Delivery of a copy by facsimile or other electronic
        means will be deemed to be delivery of an original.

       

      This
        letter agreement shall be construed and enforced in accordance with the laws
        of
        the Province of British Columbia.

       

      Please
        indicate your agreement with the terms of this letter by signing one copy
        of the
        letter below and returning it to me.

       

      Sincerely,

       

      SmarTire
        Systems Inc.

       

      

      /s/
        Dave Warkentin

      Dave
        Warkentin

       

      President
        and Chief Executive Officer

       

      

       

      

       

      I
        understand and agree to the above terms:

       

      /s/
        Johnny Christiansen

      Johnny
        Christiansen                                                                                                Date: 
May 7, 2007exhibit10100.htm

     

    
      

      

    

    Exhibit
      10.100

     

    
       

      SmarTire
        Systems Inc.

      Suite
        150, 13151 Vanier Place

      Richmond,
        British Columbia

      Canada,
        V6V 2J1

       

      T:
        604.276.9884

      F:
        604.276.2350

      www.smartire.com

      SMTR:
        OTCBB

      

      

      February
        8, 2007

      

      

      

      Erwin
        Bartz

      
        	
                 

              	
                92
                  Timbercrest Drive

              

      

      
        	
                 

              	
                Port
                  Moody, B.C.

              

      

      

      

      Dear
        Erwin,

      

      As
        you
        are aware SmarTire Systems Inc., has experienced severe financial difficulties
        over the last number of months which resulted in the suspension of your
        bi-weekly severance payments subsequent to December 15, 2006.

      

      As
        a
        result of negotiations between us, we have agreed to the following in lieu
        of
        all outstanding severance owed to you.

      

      
        	
                1)  

              	
                The
                  expiry date of your three million stock options exercisable at
                  $0.03 per
                  option is extended to December 31,
                  2007.

              

      

      

      
        	
                2)  

              	
                Your
                  one million stock options previously exercisable at $0.10 per option
                  are
                  repriced to $0.037 per option and the expiry date of these options
                  is
                  extended to February 28, 2008. Note that five hundred thousand
                  of these
                  stock options have vested and the remaining five hundred thousand
                  stock
                  options do not vest until December 29, 2007 as per your December
                  29, 2005
                  stock option agreement.

              

      

      

      
        	
                3)  

              	
                Issuance
                  of 125,000 free-trading common shares of SmarTire Systems
                  Inc.

              

      

       

      
        	
                4)  

              	
                You
                  confirm in writing (attached Release Form) that the changes to
                  your stock
                  options and issuance of shares (1-3) shall constitute full and
                  final
                  settlement of outstanding severance owed by us to you and you will
                  release
                  and discharge us from all claims, debts, obligations, demands,
                  rights,
                  liens, charges, lawsuits, and causes of action arising out of your
                  termination.

              

      

      

      

      Sincerely,

      

      /s/
        Jeff Finkelstein

      Jeff
        Finkelstein

      Chief
        Financial Officer

      SmarTire
        Systems Inc.exhibit10101.htm

    
       

      
        

        

      

      Exhibit
        10.101

       

      SmarTire
        Systems Inc.

      
        Suite
          150, 13151 Vanier Place

        Richmond,
          British Columbia

        Canada,
          V6V 2J1

         

        T:
          604.276.9884

        F:
          604.276.2350

        www.smartire.com

        SMTR:
          OTCBB

        

        

        R
          E L E A S E

         

        

         

         

        
          	
                   

                	
                  IN
                    CONSIDERATION of points 1-3 in the letter from Jeff Finkelstein
                    dated
                    February 8, 2007,I

                

        

         

        
          	
                   

                	
                  ERWIN
                    BARTZ, residing at 92 Timbercrest Drive, in the City of Port
                    Moody, in
                    the

                

        

         

        
          	
                   

                	
                  Province
                    of British Columbia, agree that this shall constitute full and
                    final
                    settlement of

                

        

         

        
          	
                   

                	
                  outstanding
                    severance owed by us to you and that you will release and discharge
                    us
                    from all

                

        

         

        
          	
                   

                	
                  claims,
                    debts, obligations, demands, rights, liens, charges, lawsuits,
                    and causes
                    of action

                

        

         

        
          	
                   

                	
                  arising
                    out of your termination.

                

        

        

        DATED
          at
          the Municipality of Richmond, in the Province of British Columbia, this
8th
          day of February, 2007.

         

        

        
          	
                  SIGNED,
                    SEALED and DELIVERED by ERWIN BARTZ in the presence of:

                  Signature:    
                    /s/ Jeff Finkelstein

                  Print
                    Name:  Jeff Finkelstein

                  Address:     
                    Richmond, B.C.

                  Occupation:
                    C. A.

                	
                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                  )

                	
                  /s/
                    Erwin Bartz

                  ERWIN
                    BARTZ

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