LIGHTNING DOCK GEOTHERMAL, INC. ASSET PURCHASE AGREEMENT by and amongAsset Purchase Agreement • December 10th, 2007 • Raser Technologies Inc • Motors & generators • Utah
THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is entered into as of December 3, 2007, between and among LIGHTNING DOCK GEOTHERMAL HI-01, LLC, a Delaware limited liability company (together with its successors and permitted assigns, the “Purchaser”), LIGHTNING DOCK GEOTHERMAL, INC., a New Mexico corporation (the “Seller”), GEOLECTRIC POWER COMPANY NM, LLC, a New Mexico limited liability company (the “Stockholder”), and EDWARD C. FISCH, a resident of the State of California, EDWARD C. FISCH, TRUSTEE OF THE EDWARD C. FISCH DEFINED BENEFIT PLAN, a trust established pursuant to ERISA, and JACK S. WOOD, TRUSTEE OF THE WOOD FAMILY TRUST, a trust established pursuant to the laws of the state of California (collectively, the “Owners”).
