EX-10.1
from 8-K
3 pages
We Refer to (I) the Purchase Agreement (The “Purchase Agreement”) Dated November 27, 2007 Between Neah Power Systems, Inc., a Nevada Corporation (The “Borrower”), and Camhzn Master Ldc (The “Lender”), (II) the 12% Secured Promissory Note in the Principal Amount of $500,000 Dated November 27, 2007 Issued by the Borrower to the Lender (The “Note”), (III) the Security Interest and Pledge Agreement Dated November 27, 2007 by and Between the Borrower and the Lender (The “Pledge Agreement”), (IV) the Warrant Dated November 27, 2007 Issued by the Borrower to the Lender (The “Warrant”), and (V) the Letter Agreement by and Between the Borrower and the Lender, November 27, 2007 (The “Letter Agreement”). the Purchase Agreement, the Note, the Pledge Agreement, the Warrant and the Letter Agreement Are Referred to Herein as the “Loan Documents.” Unless Otherwise Defined Herein, Capitalized Terms Have the Meanings Assigned to Them in the Loan Documents. the Borrower Confirms and Agrees as Follows
12/34/56
