STOCK PURCHASE AGREEMENT
THIS STOCK PURCHASE AGREEMENT is made and entered into as of January 15, 2002, by and among
Peter Teevan (the Purchaser ), and WorldWater Corporation, a Delaware corporation (the Seller ).
R E C I T A L:
WHEREAS, the Purchaser desires to purchase from Seller, and Seller desires to sell to Purchaser, shares of
common stock (the Common Stock ) of the Company, and the Company wishes to issue to Purchaser warrants
to purchase Common Stock (the Warrants ), on the terms set forth herein.
A G R E E M E N T:
NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants and agreements
herein contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows:
1. Sale of Shares and Grant of Warrants.
1.1. Purchase and Sale of Shares. Seller hereby sells to each Purchaser, and such Purchaser hereby purchases
from Seller, that number of shares (the Shares ) of Common Stock of the Company set forth opposite the name
of such Purchaser on Schedule I hereto, in consideration of (i) the delivery by such Purchaser to Seller of a check
payable to the order of Seller or wire transfer in an amount equal to $0.20 per Share, and (ii) the delivery by
Seller to such Purchaser of a certificate evidencing the Shares duly endorsed for transfer thereon or by means of
duly executed stock powers attached thereto, which certificates will be issued by the Company s stock transfer
agent promptly after Closing.
1.2. Grant of Warrants. Upon the Closing, Seller shall grant to each Purchaser that number of Warrants set forth
opposite the name of such Purchaser on Schedule I hereto. Each Warrant will permit the Purchaser to purchase
one Share at any time during the five year period following Closing at an exercise price of $0.25 per Share.
1.3. The Closing. The purchase and sale of the Shares shall take place at the offices of the Company on the date
hereof, or at such other location and time as Seller and Purchaser mutu