Capital Contribution Agreement

Contribution Agreement

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This Contribution Agreement involves

NuState Energy Holdings, Inc | Rentar Environmental Solutions, Inc | Rentar Logic, Inc

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Title: Capital Contribution Agreement
Date: 6/13/2008
Industry: Conglomerates Sector: Conglomerates

Exhibit 10.50

Capital Contribution Agreement

This Agreement is made as of the 4 day of June, 2008 by and between Rentar Logic, Inc., a Delaware corporation (“Rentar Logic”), Rentar Environmental Solutions, Inc., a Delaware corporation (“Rentar”), and NuState Energy Holdings, Inc., a Nevada corporation (“NuState”) (collectively the “Parties”).

WHEREAS Rentar Logic, Rentar, and NuState entered into that certain April 10, 2008 Software Transaction Agreement;

WHEREAS, the Parties wish to provide for certain aspects of the Capital Contributions referred to in the April 10, 2008 Software Transaction Agreement executed by Rentar Logic;

NOW THEREFORE, it is agreed that:

Contribution Account . (a.) Rentar Logic shall maintain a capital account for each of Rentar and of NuState which shall account for the US$18,000 per month cash capital contribution made by Rentar pursuant to Paragraph 2 of the “Financial Contributions to Newco” Section in the April 10, 2008 Software Transaction Agreement and by NuState pursuant to Paragraph 3

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