VALENCE TECHNOLOGY, INC. 5,000,000 SHARES At Market Issuance Sales AgreementValence Technology Inc • February 22nd, 2008 • Miscellaneous electrical machinery, equipment & supplies • New York
Valence Technology, Inc., a Delaware corporation (the “Company”), confirms its agreement (this “Agreement”) with Wm Smith & Co. (“Wm Smith”), as follows:
February 21, 2008 Mr. Carl E. Berg Berg & Berg Enterprises, LLC. 10050 Bandley Drive Cupertino, CA 95014 Re: Share Purchase Dear Mr. Berg:Valence Technology Inc • February 22nd, 2008 • Miscellaneous electrical machinery, equipment & supplies
This letter is entered into in connection with an agreement entered into by Berg & Berg Enterprises, LLC. (Berg & Berg) and Valence Technology, Inc.(Valence).
