Document:

Echo Automotive, Inc.: Exhibit 10.12 - Filed by newsfilecorp.com

LICENSE AGREEMENT 

This LICENSE AGREEMENT ("Agreement") is made and entered into
this 28 day of June, 2012, by and between BrightAutomotive, Inc. of 2701
Enterprise Drive, Suite 122, Anderson, Indiana 46013 ("Bright") and
ControlledCarbon, LLC d/b/a Echo Automotive ("Licensee") (collectively
"Parties") pursuant to the terms and conditions herein. 

1.          
Grant of License. Pursuant to the terms of this Agreement, Bright hereby grants
to Licensee a royalty-free, perpetual, fully-paid up, worldwide, non-exclusive,
non-transferable and non-sub-licensable limited license to use the Battery
Management Software and CAD of Exhibit A( l) ("Software") and intellectual
property of Exhibit A(2) ("Bright Intellectual Property") to develop, modify
and/or sell, offer for sale, market, distribute, import and export derivative
works. In the event of a sale of substantially all of the Licensee's Assets or
Merger, the license may be conferred to the purchasing or new entity. In
consideration for the granting of this license, Licensee hereby agrees to pay to
Bright a one-time up-front license fee in the amount of Amount of $50,000.
Bright acknowledges they have received such consideration in full. 

2.          
Ownership of Derivative Works. Bright shall retain all right, title and
interest, including all intellectual property rights, in and to the Software,
including the Bright Intellectual Property. The Licensee shall own, without
restriction, all derivative works of Bright Intellectual Property and Software.

3.          
Intellectual Property Rights and Copyrights. All intellectual property rights in
and to the Software shall remain the exclusive property of Bright. The Licensee
shall have no right in or to the Software except as expressly set forth in this
Agreement. Intellectual property includes, but is not limited to, patents,
inventions, invention disclosures, trademarks, trade secrets, know-how, software
programs, proprietary data and databases, copyrights and all other similar items
of intellectual property, whether registered or unregistered, including any
rights created thereof. All rights not expressly granted hereunder by Bright are
reserved for Bright. 

4.          
Confidentiality. Licensee shall treat all proprietary material or information
belonging to Bright or to any third party to which Bright owes a duty to
maintain confidentiality as confidential, including, without limitation, all
business information, computer software and computer technology that is not in
the public domain, whether patentable or not, which is acquired by or on behalf
of Licensee from time to time under this Agreement ("Confidential Information").
All Confidential Information shall be used solely to enable Licensee to use the
Software in accordance with this Agreement. 

5.          
Indemnification, Warranty and Liability. Neither Party will be liable to the
other Party for any special, consequential, exemplary or incidental damages
(including lost or anticipated revenues or profits relating to the same, or cost
of procurement of substitute products, services), arising from any claim
relating to this Agreement or the subject matter hereof. The Software is
provided "as is" and Bright makes no warranties, whether express or implied
regarding or relating to the Software, including but not limited to warranties
of merchantability, title, quiet enjoyment, accuracy of data, system
integration, course of performance or fitness for a particular purpose with
respect to the Software and any resultant product. Bright does not warrant that
the Software provided under this Agreement will operate uninterrupted or that it
will be free from defects. In the event there are any damages awarded through a
court order or other process, the total amount of damages will not exceed
$50,000 plus enforcement costs; provided that no party is restricted from
obtaining injunctive relief to prevent violation of this agreement or
enforcement of other rights. 

6.          
General Terms. This Agreement shall be governed by and construed and interpreted
in accordance with the laws of the State of Indiana AND THE PARTIES WAIVE THE
RIGHT TO A TRIAL BY JURY OF ANY DISPUTE RELATED TO THIS AGREEMENT. Licensee may
not assign any right, license or obligation under this Agreement to any third
party without the Bright's consent. This Agreement constitutes the entire
agreement between the Parties with respect to the subject matter contained
herein and supersedes all prior or simultaneous, representations, discussions,
negotiations, and agreements, and industry customs or trade practices. If any
provision of the terms of this Agreement is found by a court of competent
jurisdiction or arbitral award to be unlawful, invalid or unenforceable, that
provision will be amended to achieve as nearly as possible the same economic
effect as the original provisions and the remainder of this Agreement will
remain in full force. 

IN WITNESS WHEREOF, the Parties have executed this
Agreement. 

	/s/ ______________________________________________	/s/
      ______________________________________________
	     Bright Automotive, Inc. 	   Dan Kennedy 
	     2701 Enterprise Drive, Suite 	   CEO 
	     122 	   2701 Enterprise Drive, Suite 122
    
	     Anderson, Indiana 46013 	   Anderson, Indiana 4601 
	     Fax 	  
	     DirectEcho Automotive, Inc.: Exhibit 10.13 - Filed by newsfilecorp.com

THIS NOTE AND THE INDEBTEDNESS REPRESENTED HEREBY ARE FOR
THE PURPOSE OF A BRIDGE LOAN BY AND BETWEEN THE LENDER AND THE COPMANY AND IS
SUBJECT TO ALL ARTICLES OF THE COMPANY’S OPERATING AGREEMENT. 

PROMISSORY NOTE

	$50,000 	July 13th,
      2012 

	
      Borrower: 
	
      Echo Automotive, LLC of 9909 N 126th St, Scottsdale
      Arizona 85259 (individually and collectively the "Borrower") 

	  	  
	Lender: 	William W Kennedy (“Lender”)
  

This bridge loan being provided by Lender to Borrower as
working capital. It is understood that both parties wish to replace this
agreement with a more definitive purchase and/or funding agreement and both
parties agree to work in good faith to negotiate the terms of a more definitive
and comprehensive agreement. In the event that no definitive agreement is
mutually agreed to and executed by both parties, for any reason whatsoever, this
Promissory Note will remain in full force and effect.

FOR VALUE RECEIVED, The Borrower promises to pay to Lender at
such address as may be provided in writing to the Borrower, the principal sum of
fifty thousand ($50,000.00 ) USD, with interest accrued on the unpaid principal
at the rate of 21 percent per annum, calculated monthly not in advance.

	 	1. 	
      Warrants. Within 120 days of the
      execution of this promissory note, Borrower will issue Lender warrants to
      purchase $50,000 of stock (100,000 shares) at no more than $0.01 per
      share. These warrants will expire 5 years after the issue date and may be
      subject to a standard voting agreement. In addition, Borrower will issue
      Lender Warrants to purchase 1 share of stock at the same as above terms
      for every $10 of outstanding debt at the end of each calendar month. For
      clarity, Borrower would issue Lender 5,000 Warrants on October
      31st, 2012, if the unpaid balance was equal to
  $50,000.

	 	 	 
	 	2. 	
      Term: This Note will be repaid in
      full within 180 days from receipt of funds from Lender.

	 	 	 
	 	3. 	
      Prepayment. At any time while not in
      default under this Note, the Borrower may pay the outstanding balance then
      owing under this Note to Lender without further bonus or
penalty.

	 	 	 
	 	4. 	
      Repayment of Loan. It is understood that
      this loan is a bridge loan to help Borrower with cash timing and to
      operate until it receives other moneys from its current investors. At the
      time those monies are received by Borrower from its investors, Borrower
      will repay this loan within 180 business days.

	 	 	 
	 	5. 	
      Default. If the Borrower defaults in
      payment as required under this Note and within thirty (30) days of written
      notice of such breach, the Security, if any is defined in this note, will
      be immediately provided to Lender and Lender is granted all rights of
      repossession as a secured party. For the avoidance of doubt, Borrower will
      have the right too liquidate such items to satisfy any amounts due under
      this agreement. Any and all proceeds beyond such amount or additional
      security obtained by Lender under this agreement will be promptly returned to Borrower. In
      addition, Borrower will have first right of refusal to purchase any
      property obtained from Borrower and the right to match any bona-fide
  offer.

	 	6. 	
      Legal Fees. All reasonable costs,
      expenses and expenditures including, and without limitation, the complete
      legal costs incurred by Lender in enforcing this Note as a result of any
      default by the Borrower, will be added to the principal then outstanding
      and will immediately be paid by the Borrower.

	 	 	 
	 	7. 	
      Successors. This Note will enure to
      the benefit of and be binding upon the respective heirs, executors,
      administrators, successors and assigns of the Borrower and Lender. The
      Borrower waives presentment for payment, notice of non-payment, protest
      and notice of protest.

	 	 	 
	 	8. 	
      Ranking. The indebtedness evidenced by the
      Note shall be senior in priority to all Indebtedness of the Borrower
      (including trade payables) and all indebtedness of the Borrower shall be
      senior in terms of priority and payment with the Note.

	 	 	 
	 	9. 	
      Conflicting Agreements. In the event of any
      inconsistencies between the terms of this Note and any other document
      related to the loan evidenced by the Note, the terms of this Note shall
      prevail.

	 	 	 
	 	10. 	
      Severability. If any provision of this Note
      is held to be invalid, illegal or unenforceable in any respect or to any
      extent under applicable law, such provision shall nevertheless remain
      valid, legal and enforceable in all other respects and to such extent as
      may be permissible.

	 	 	 
	 	11. 	
      Governing Law. This Note shall be governed
      by and construed under the laws of the State of Arizona.

	 	 	 
	 	12. 	
      Interest Savings Clause. If any interest
      payment due hereunder is determined to be in excess of the then legal
      maximum rate, then that portion of each interest payment representing an
      amount in excess of the then legal maximum rate shall instead be deemed a
      payment of principal and applied against the principal of the obligations
      evidenced by this Note.

	 	 	 
	 	13. 	
      Waiver. The Borrower and Lender
      hereby expressly waive presentment, demand for payment, dishonor, notice
      of dishonor, protest, notice of protest, and any other
  formality.

IN WITNESS WHEREOF Echo Automotive, LLC has duly affixed its
signature by a duly authorized officer and individual under seal on this
13th day July, 2012. 

	SIGNED, SEALED, AND
      DELIVERED 	 	 	
	this 13th day of July, 2012. 	 	 	
	 	 	 	Echo Automotive, LLC 
	 	 	 	 
	 	 	 	per________________________________________:
      (SEAL)

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