0000950133-03-000053 Sample Contracts

JOINT FILING AGREEMENT
Joint Filing Agreement • January 9th, 2003 • Pearl Frank H • Electric services

Each of the undersigned hereby acknowledges and agrees, in compliance with the provisions of Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, that the Schedule 13D to which this agreement is attached as Exhibit 2, and any amendments thereto, will be filed with the Securities and Exchange Commission jointly on behalf of each of the undersigned.

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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • January 9th, 2003 • Pearl Frank H • Electric services • New York

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of December 30, 2002, between Mechanical Technology Incorporated, a New York corporation (the “Company”) and Perseus Capital, L.L.C. (the “Purchaser”).

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