SEC Contract Filing

Filing Date: 2015-02-05

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>v400500_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXECUTION COPY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>DEVELOPMENT AND INDEMNIFICATION AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>by and among</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONCORD ENERGY PARTNERS, LLC,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>York
Renewable Energy Partners LLC</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>and</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BLUE SPHERE CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Dated as of January 30, 2015</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
 <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
 <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
 <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.25in; text-align: center; text-indent: -3.25in"><B>TABLE
OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 94.5pt; text-indent: -94.5pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD COLSPAN="2" STYLE="text-indent: 0in">Section 1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consideration</TD>
 <TD STYLE="text-indent: 0in; text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="text-indent: 0in; width: 12%">&nbsp;</TD>
 <TD STYLE="text-indent: 0in; width: 78%">&nbsp;</TD>
 <TD STYLE="text-indent: 0in; text-align: right; width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD COLSPAN="2" STYLE="text-indent: 0in">Section 2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Closing</TD>
 <TD STYLE="text-indent: 0in; text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="text-indent: 0in">&nbsp;</TD>
 <TD STYLE="text-indent: 0in">&nbsp;</TD>
 <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD COLSPAN="2" STYLE="text-indent: 0in">Section 3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Representations and Warranties of Development</TD>
 <TD STYLE="text-indent: 0in; text-align: right">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="text-indent: 0in">&nbsp;</TD>
 <TD STYLE="text-indent: 0in">&nbsp;</TD>
 <TD STYLE="text-indent: 0in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 0.5in; text-indent: 0in; font-weight: bold"><FONT STYLE="font-weight: normal">(a)</FONT></TD>
 <TD STYLE="text-indent: 0in; font-weight: bold"><FONT STYLE="font-weight: normal">Organization</FONT></TD>
 <TD STYLE="text-indent: 0in; font-weight: bold; text-align: right"><FONT STYLE="font-weight: normal">3</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="padding-left: 0.5in; text-indent: 0in; font-weight: bold"><FONT STYLE="font-weight: normal">(b)</FONT></TD>
 <TD STYLE="text-indent: 0in; font-weight: bold"><FONT STYLE="font-weight: normal">Authorization of the Documents; No Conflicts</FONT></TD>
 <TD STYLE="text-indent: 0in; font-weight: bold; text-align: right"><FONT STYLE="font-weight: normal">3</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 0.5in; text-indent: 0in; font-weight: bold"><FONT STYL