0001144204-12-024413 Sample Contracts

FORM OF Stock Option Agreement under Tecogen Inc. 2006 Stock Incentive Plan
Stock Option Agreement • April 27th, 2012 • Tecogen Inc • Air-cond & warm air heatg equip & comm & indl refrig equip • Delaware

This option satisfies in full all commitments that the Company has to the Optionee with respect to the issuance of stock, stock options or other equity securities.

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Atlantic-Waltham Investment II, LLC Commercial Lease
Commercial Lease • April 27th, 2012 • Tecogen Inc • Air-cond & warm air heatg equip & comm & indl refrig equip • Massachusetts

In consideration of the covenants herein contained, ATLANTIC-WALTHAM INVESTMENT II, LLC, a Delaware Limited Liability Company, with a usual place of business c/o Atlantic Management Corporation, 205 Newbury Street, Framingham, Massachusetts 01701, hereinafter called LESSOR, which expression shall include successors and assigns where the context so admits, does hereby lease to Tecogen Inc., a Delaware corporation, with a usual place of business at 45 First Avenue, Waltham, MA 02451, hereinafter called LESSEE, which expression shall include successors, executors, administrators, and assigns where the context so admits, and LESSEE hereby leases from LESSOR the premises hereinafter described, from the Lease Commencement Date until the Lease Termination Date (the Lease Term) as hereinafter specified, subject to the terms and conditions hereinafter set forth:

FORM OF DEMAND PROMISSORY NOTE
Demand Promissory Note • April 27th, 2012 • Tecogen Inc • Air-cond & warm air heatg equip & comm & indl refrig equip

FOR VALUE RECEIVED, Tecogen Inc., a corporation organized under the laws of Delaware (“Borrower”), 45 First Avenue, Waltham, Massachusetts 02451, agrees to pay to John Hatsopoulos (“Lender”), 3 Woodcock Lane, Lincoln, Massachusetts 01773, or order, the principal sum of __________ Thousand U.S. Dollars ($________), on demand, together with interest from the date hereof on the unpaid principal balance at the rate specified below, until repaid in full. Prepayment of principal, together with accrued interest, may be made at any time without penalty. Interest hereon shall accrue from the date hereof at the rate of six (6%) percent per annum, payable in common stock of Tecogen at $0.70 per share.

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