Document:

Exhibit
10.10

    

    RIDER
TO SECURITY AGREEMENT

    EXECUTED
BY NONBORROWER GRANTOR

    (Premier
Power, Sociedad Limitada)

    

    That certain Commercial Security
Agreement dated July 13, 2009 (“Security Agreement”) is given
as security to UMPQUA BANK, an Oregon corporation (“Lender”) by PREMIER POWER,
SOCIEDAD LIMITADA, a business entity organized under the laws of Spain ("Grantor" and “Nonborrower Grantor”) to
secure Indebtedness of PREMIER POWER RENEWABLE ENERGY, INC.,a Delaware
corporation (“Borrower”)
to Lender.  Capitalized terms used but not defined in this Rider shall
have the meanings ascribed in the Security Agreement.  In
consideration of the Loan extended by the Lender to Borrower, Grantor, as
Nonborrower Grantor, agrees as follows:

    

    1.           The
obligations under the Security Agreement are joint and several and are
independent of and in addition to the undertakings of Borrower pursuant to the
Notes and the other documents evidencing and securing the Loans (the “Loan Documents”), any evidence
of indebtedness issued in connection with the Loan to Borrower, or any deed of
trust or security agreement given to secure the Loan to Borrower, any guaranties
given in connection with the Loan to Borrower, and any other obligations of
Borrower or any guarantor to Lender;

    

    
      	
              2.

            	
              Lender
      may at any time, or from time to time, in its sole
    discretion:

            

    

    

    (A)           extend
or change the time of payment or performance or the manner, place, or terms of
payment or performance of any of the Indebtedness;

    

    (B)           exchange,
release, or surrender any of the collateral security, or any part of it, by
whomever deposited, which is now or may later be held by Lender in connection
with any of the Indebtedness;

    

    (C)           sell
or purchase any of the collateral at public or private sale, or at any broker's
board, in the manner permitted by law, and after all costs and expenses of every
kind for collection, sale, or delivery, the net proceeds of any sale may be
applied by Lender on any of the Indebtedness; and

    

    (D)           settle
or compromise with Borrower, or any other person liable, any of the
Indebtedness, or subordinate the payment of it, or any part of it, to the
payment of any other debts or claims, that may at any time be due or owing to
Lender or any other person or entity;

    

    3.           Lender
will be under no obligation to marshal any assets in favor of Borrower or
Nonborrower Grantor or in payment of any of the Indebtedness; and

    

    4.          
The Nonborrower Grantor’s liability hereunder shall be the immediate, direct,
and primary obligation of the Nonborrower Grantor and shall not be contingent
upon the Lender’s exercise or enforcement of any remedy it may have against the
Borrower or any other person, or against any collateral for the Loan to Borrower
or other security for any of the Indebtedness.

    

    5.           Nonborrower
Grantor waives:

    

    (A)           presentment,
demand, protest, notice of acceptance, notice of dishonor, notice of
nonperformance, and any other notice with respect to any of the Indebtedness and
this Security Agreement, and promptness in commencing suit against any party, or
in giving any notice to or making any claim or demand on Nonborrower
Grantor;

    
      
         

      

      
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    (B)           any
right to require Lender to proceed against Borrower or any other guarantor,
proceed against or exhaust any security held from Borrower or any other
guarantor, or pursue any remedy in Lender's power;

    

    (C)           any
defense based on any legal disability or other defense of Borrower, any other
guarantor, or other person or by reason of the cessation or limitation of the
liability of Borrower from any cause other than full payment of all sums payable
under the Note and the performance of the Indebtedness;

    

    (D)           any
defense based on any lack of authority of the officers, directors, partners, or
agents purporting to act on behalf of Borrower or any principal of Borrower or
any defect in the formation of Borrower or any principal of any
Borrower;

    

    (E)        
   to the fullest extent permitted by law, all rights and
benefits under Civil Code § 2809 purporting to reduce a guarantor's obligations
in proportion to the principal obligation, including without limitation, any
defense based on any statute or rule of law that provides that the obligation of
a surety must be neither larger in amount nor in any other respects more
burdensome than that of a principal;

    

    (F)       
    any defense based on the application by Borrower of the
proceeds of the Loan to Borrower for purposes other than the purposes
represented by Borrower to Lender or intended or understood by Lender or
Nonborrower Grantor, or based on Lender’s acts or omissions in administration of
the Loan to Borrower;

    

    (G)           any
defense it may acquire by reason of Lender's election of any remedy against
Nonborrower Grantor or Borrower or both, including, without limitation, election
by Lender to exercise its rights under the power of sale in the Security
Agreement and the consequent loss by Nonborrower Grantor of the right to recover
any deficiency from Borrower;

    

    (H)           any
defense based on Lender's failure to disclose to Nonborrower Grantor any
information concerning Borrower’s financial condition or any other circumstances
bearing on Borrower’s ability to pay all sums payable under the Note or any of
the Indebtedness or on Lender’s failure to disclose any information with respect
to the Indebtedness, the collateral for the Loan to Borrower or other security
for any or all Indebtedness, the existence or nonexistence of any other
guarantees of all or any part of the Indebtedness, any action or inaction on the
part of the Lender or any other party, or any other matter, fact, or occurrence
whatsoever;

    

    (I)       
     any defense based on Lender's election, in any
proceeding instituted under the Federal Bankruptcy Code, of the application of
Section 1111(b)(2) of the Federal Bankruptcy Code or any successor
statute;

    

    (J)           
 any defense based on any borrowing or any grant of a security interest
under § 364 of the Federal Bankruptcy Code;

    

    (K)    
       any right of subrogation,
contribution, or reimbursement against Borrower, any right to enforce any remedy
that Lender has or may in the future have against Borrower, any other right that
Lender may now or later acquire against Borrower that arises from the existence
or performance of Nonborrower Grantor's obligations under this Security
Agreement or would arise with respect to the Indebtedness, and any benefit of,
and any right to participate in, any security for the Indebtedness now or in the
future held by Lender;

    

    (L)     
      the benefit of any statute of limitations
affecting the liability of Nonborrower Grantor or the enforcement of the
Security Agreement, including, without limitation, any rights arising under Code
of Civil Procedure § 359.5;

    
      
         

      

      
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    (M)          any
rights to setoffs or counterclaims on Borrower’s or Nonborrower Grantor’s
part;

    

    (N)           to
the fullest extent permitted by law, all rights and benefits under Code of Civil
Procedure § 580a, purporting to limit the amount of any deficiency judgment that
might be recoverable following the occurrence of a trustee's sale under a deed
of trust; Code of Civil Procedure § 580b, stating that no deficiency may be
recovered on a real property purchase money obligation; and Code of Civil
Procedure § 580d, stating that no deficiency may be recovered on a note secured
by a deed of trust on real property in case the real property is sold under the
power of sale contained in the deed of trust, if those statutory sections have
any application;

    

    (O)           all
rights and defenses that Nonborrower Grantor may have because the Borrower’s
debt is secured by real property.  This means, among other
things:

    

    (1)           Lender
may foreclose on the real property without first foreclosing on any other real
or personal property collateral pledged by Nonborrower Grantor or the
Borrower.

    

    (2)           If
Lender forecloses on any  real property collateral:

    

    (a)           The
amount of the debt may be reduced only by the price for which that collateral is
sold at the foreclosure sale, even if the collateral is worth more than the sale
price.

    

    (b)           Lender
may foreclose on the real property even if Lender, by foreclosing on the real
property collateral, has destroyed any right the Nonborrower Grantor may have to
collect from Borrower.

    

    This is
an unconditional and irrevocable waiver of any rights and defenses Nonborrower
Grantor may have because Borrower’s debt is secured by real
property.  These rights and defenses include, but are not limited to,
any rights or defenses based upon Section 580a, 580b, 580d, or 726 of the
California Code of Civil Procedure; and

    

    (P)           all
rights and defenses arising out of an election of remedies by the Lender, even
though that election of remedies, such as a nonjudicial foreclosure with respect
to security for the Indebtedness, has destroyed Nonborrower Grantor's rights of
subrogation and reimbursement against Borrower by the operation of Section 580d
of the California Code of Civil Procedure or otherwise.

    

    6.           Nonborrower
Grantor agrees that the payment of all sums payable under the Note or any of the
Indebtedness or Obligations or any other act that tolls any statute of
limitations applicable to the Note or any of the Indebtedness will similarly
operate to toll the statute of limitations applicable to Nonborrower Grantor’s
liability. Without limiting the generality of the foregoing or any other
provision of this Rider, Nonborrower Grantor expressly waives all benefits that
might otherwise be available to Nonborrower Grantor under Civil Code §§ 2809,
2810, 2819, 2839, 2845, 2849, 2850, 2899, and 3433 and Code of Civil Procedure
§§ 580a, 580b, 580d, and 726, or similar sections.

    

    7.           Nonborrower
Grantor, by execution hereof, represents to Lender that the relationship between
Nonborrower Grantor and Borrower is such that Nonborrower Grantor has access to
all relevant facts and information concerning the Indebtedness and Borrower and
that Lender can rely upon Nonborrower Grantor having such
access.  Nonborrower Grantor waives and agrees not to assert any duty
on the part of Lender to disclose to Nonborrower Grantor any facts that it may
now or hereafter know about Borrower, regardless of whether Lender has reason to
believe that any such facts materially increase the risk beyond that which
Nonborrower Grantor intends to assume or has reason to believe that such facts
are unknown to Nonborrower Grantor or has a reasonable opportunity to
communicate such facts to Nonborrower Grantor.  Nonborrower Grantor is
fully responsible for being and keeping informed of the financial condition of
Borrower and all circumstances bearing on the risk of nonpayment of any
Indebtedness hereby secured.

    
      
         

      

      
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    8.           With
or without notice to Nonborrower Grantor, Lender, in its sole discretion, at any
time and from time to time, in such manner and upon such terms as it considers
best, may (a) apply any and all payments or recoveries from Borrower, from
Nonborrower Grantor, from any guarantor or endorser, or realized from any
security, in such manner, order and priority as Lender elects, to any
Indebtedness of Borrower to Lender, whether or not such Indebtedness is secured
hereby or is otherwise secured or is due at the time of such application; and
(b) refund to Borrower any payment received by Lender upon any Indebtedness
hereby secured and payment of the amount refunded shall be fully secured
hereby.

    

    9.           No
exercise or nonexercise by Lender of any right hereby given it, no dealing
by  Lender with Borrower or any other person, and no change,
impairment or suspension of any right or remedy of Lender shall in any way
affect any of the obligations of Nonborrower Grantor hereunder or give
Nonborrower Grantor any recourse against Lender.

    

    10.         Capitalized
terms not defined herein shall have the definitions set forth in the Security
Agreement.

    

    This Rider to Security Agreement
Executed by Nonborrower Grantor in made effective this 13th day of July, 2009
and is made a part of and is incorporated into the Security Agreement dated July
13, 2009.

    

    
      
        
          
            
              
                
                  	
                          NONBORROWER
      GRANTOR:

                        	
                          PREMIER
      POWER, SOCIEDAD LIMITADA, a business entity

                          organized
      under the laws of Spain

                        
	 
      	 
      	 
      	 
      
	 
      	
                          By:

                        	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                          Its:

                        	 
      	 
      

                

              

            

          

        

      

    

    
      
         

      

      
        Page
4 of 4Exhibit
10.11

    

    AGREEMENT
TO PROVIDE INSURANCE

    (Commercial-Non
Real Estate)

    (Inventory/Equipment/Contents)

    
      
        
          
            
              
                
                  	 	 
	
                          Borrower:
      PREMIER POWER RENEWABLE ENERGY,
      INC. 

                                    
                  4961
      Windplay Drive, #100

                          

                                            El
      Dorado Hill, CA 95762

                        	
                          Lender:   UMPQUA
      BANK

                                               2998
      Douglas Blvd., Suite 100

                                           Roseville,
      CA 95661

                        
	 	 

                

              

            

          

        

      

    

    

    INSURANCE REQUIREMENTS.
PREMIER POWER RENEWABLE ENERGY, INC., a Delaware corporation ("Grantor"), understands that
insurance coverage is required in connection with the Loan, pursuant to the Loan
Agreement dated July 13, 2009, by and between Grantor and UMPQUA BANK, an Oregon
corporation (“Lender”).
These requirements are set forth in the security documents for the loan. The
following minimum insurance coverages must be provided on the following
described collateral (the "Collateral"):

    

    
      	  	
              Collateral:

            	
              Described
      in Exhibit A
      attached hereto.

            

    

    

    Type:

    
      	
               
      

            	
              1.

            	
              Hazard: Hazard
      coverage for perils of fire, extended coverage, special extended coverage
      (including theft coverage if loan is covering inventory/equipment) on a
      replacement cost basis, in an amount within at least 80% of replacement of
      property. Policy should include Agreed Amount Clause. Maximum deductible
      of $10,000.00. Policy should include Agreed Amount Clause. Policy shall
      show Lender as loss
      payee.

            

    

    

    
      	
               
      

            	
              2.

            	
              Flood: Flood
      coverage, if covered property, whether equipment, inventory, contents,
      etc., is located in “A” or ”V” Zone. Policy shall show Lender as loss
    payee.

            

    

    

    
      	
               
      

            	
              3.

            	
              Wind Coverage:
      Wind coverage including any named windstorm restrictions, exclusions,
      specific deductibles or sublimits must be indicated on certificate or
      evidence of property form along with builder’s risk or hazard
      insurance.

            

    

    

    
      	
               
      

            	
              4.

            	
              General
      Liability: Minimum coverage of $1,000,000.00. Include coverage for
      liability the Grantor assumes under contract or agreement and coverage for
      independent contractors. Policy shall provide an Additional Insured
      endorsement in favor of Lender. Policy shall provide a Waiver of Subrogation
      endorsement in favor of Lender.

            

    

    

    
      	
               
      

            	
              4.

            	
              Business Auto:
      Minimum coverage of $1,000,000.00. Coverage to include hired and non-owned
      liability. Policy shall provide an Additional Insured
      endorsement in favor of Lender. Policy shall provide a Waiver of Subrogation
      endorsement in favor of Lender.

            

    

    

    
      	
               
      

            	
              5.

            	
              Workers
      Compensation: Statutory/Employer’s Liability coverage of
      $500,000.Coverage for all employees and independent contractors. Policy
      shall provide a Waiver of
      Subrogation endorsement in favor of
  Lender.

            

    

    

    
      	
               
      

            	
              6.

            	
              Excess
      Liability: Policy should be excess over all liability policies and
      include Defense costs. Policy shall provide an Additional Insured
      endorsement in favor of Lender. Policy shall provide a Waiver of Subrogation
      endorsement in favor of Lender.

            

    

    

    Endorsements. 438 BFU
(Lender’s Loss Payable Endorsement) must be attached to all policies and
binders. All policies and binders shall expressly provide by written endorsement
that the insurance shall not be cancelled, surrendered, non-renewed or modified,
unless thirty (30) days advance written notice is given to Lender.

    

    Latest Delivery Date: By the
loan closing date.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    INSURANCE COMPANY. Grantor may
obtain insurance from any insurance company Grantor may choose that carries a
rating of B+ or better from A.M. Best Company. Other companies will be
considered by Lender if reinsurers meet company guidelines.

    

    PROOF OF INSURANCE.
Certificates of insurance an certificates of property/evidence of property forms
will be acceptable as proof of permanent insurance. Binders will be acceptable
as proof of temporary coverage pending receipt of appropriate documents from
insurance company. Binder will reflect coverages, limits, deductibles,
applicable forms and Lender, as their interest may appear.

    

    INSURANCE MAILING ADDRESS. All
documents and other materials relating to insurance for this loan should be
mailed, delivered or directed to the following address:

    

    UMPQUA
BANK

    
      Attn:
George Diesch

    

    2998
Douglas Blvd., Suite 100

    Roseville,
CA 95661

    

    FAILURE TO PROVIDE INSURANCE.
Grantor acknowledges and agrees that if Grantor fails to provide any required
insurance or fails to continue such insurance in force, Lender may do so at
Grantor's expense as provided in the applicable security document. The cost of
any such insurance, at the option of Lender, shall be payable on demand or shall
be added to the indebtedness as provided in the security document. GRANTOR
ACKNOWLEDGES THAT IF LENDER SO PURCHASES ANY SUCH INSURANCE, THE INSURANCE WILL
PROVIDE LIMITED PROTECTION AGAINST PHYSICAL DAMAGE TO THE COLLATERAL, UP TO AN
AMOUNT EQUAL TO THE LESSER OF (1) THE UNPAID BALANCE OF THE DEBT, EXCLUDING ANY
UNEARNED FINANCE CHARGES, OR (2) THE VALUE OF THE COLLATERAL; HOWEVER, GRANTOR'S
EQUITY IN THE COLLATERAL MAY NOT BE INSURED. IN ADDITION, THE INSURANCE MAY NOT
PROVIDE ANY PUBLIC LIABILITY OR PROPERTY DAMAGE INDEMNIFICATION AND MAY NOT MEET
THE REQUIREMENTS OF ANY FINANCIAL RESPONSIBILITY LAWS.

    

    AUTHORIZATION. For purposes of
insurance coverage on the Collateral, Grantor authorizes Lender to provide to
any person (including any insurance agent or company) all information Lender
deems appropriate, whether regarding the Collateral, the loan or other financial
accommodations, or both.

    

    GRANTOR
ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS AGREEMENT TO PROVIDE
INSURANCE AND AGREES TO ITS TERMS. THIS AGREEMENT IS DATED _________________,
2009.

    

    
      
        
          
            
              
                	
                        GRANTOR:

                      	
                        PREMIER
      POWER RENEWABLE ENERGY, INC., a Delaware corporation

                      
	 
      	 
      
	 
      	
                        By:

                      	 	 
      
	 
      	 
      	
                        Dean
      Marks

                      
	 
      	 
      	
                        President
      and Chief Executive
Officer

                      

              

            

          

        

      

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
A

    

    [Collateral
Description]

     

    “                                                      Collateral means the following
described property, whether now owned or hereafter acquired, whether now
existing or hereafter arising, and wherever located: All personal and fixture
property of every kind and nature including without limitation all Goods
(including Inventory, Equipment and any accessions thereto), Instruments
(including promissory notes), Documents, Accounts, Chattel Paper (whether
tangible or electronic), Deposit Accounts, Letter-of-Credit Rights (whether or
not the letter of credit is evidenced by a writing), Investment Property
(including securities) and all  Supporting Obligations and proceeds,
and all General Intangibles (including Payment Intangibles).

    

    In
addition, the term “Collateral” includes all the
following, whether now owned or hereafter acquired, whether now existing or
hereafter arising, and wherever located:

    

    (a)                      All
attachments, accessions, accessories, tools, parts, supplies, increases, and
additions to and all replacements of and substitutions for any property
described above.

    

    (b)                      All
products and produce of any of the property described in this Collateral
definition.

    

    (c)                      All
accounts, general intangibles, instruments, rents, monies, payments, and all
other rights, arising out of a sale, lease, or other disposition of any of the
properly described in this Collateral definition.

    

    (d)                      All
proceeds (including insurance proceeds) from the sale, destruction, loss, or
other disposition of any of the property described in this Collateral
definition.

    

    (e)                      All
records and data relating to any of the property described in this Collateral
definition, whether in the form of a writing, photograph, microfilm, microfiche,
or electronic media, together with all of grantor’s right, title, and interest
in and to all computer software required to utilize, create, maintain, and
process any such records or data on electronic media.

     

    
      
        
        

      

      
        3

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