PLACEMENT AGENCY AGREEMENTPower Efficiency Corp • October 25th, 2005 • Electrical industrial apparatus • New York
Company FiledOctober 25th, 2005 Industry JurisdictionThis Placement Agency Agreement (the "Agreement") confirms the retention by Power Efficiency Corporation, a Delaware corporation (the "Company"), of Joseph Stevens & Company, Inc. (the "Placement Agent"), to act as the exclusive placement agent on a "best efforts" basis in connection with the private placement (the "Placement") of Units (as defined below) of the Company on the terms set forth below.