0001181431-08-038695 Sample Contracts

RENEWABLE POWER PURCHASE AND SALE AGREEMENT
Renewable Power Purchase and Sale Agreement • June 13th, 2008 • Raser Technologies Inc • Motors & generators • Arizona

THIS RENEWABLE POWER PURCHASE AND SALE AGREEMENT (this “Agreement”) is executed this 11th day of June, 2008 (the “Effective Date”), between Salt River Project Agricultural Improvement and Power District, a political subdivision of the State of Arizona (“Buyer”) and Lightning Dock Geothermal HI-01, LLC, a Delaware limited liability company (“Seller”). Buyer and Seller are sometimes referred to herein individually as a “Party” and jointly as “Parties.” Capitalized terms not otherwise defined in this Agreement have the meanings set forth in Exhibit A.

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