ATM EQUITY OFFERINGSM SALES AGREEMENTEquity Offeringsm Sales Agreement • June 23rd, 2008 • Raser Technologies Inc • Motors & generators • New York
Raser Technologies, Inc., a Delaware corporation (the “Company”), confirms its agreement with Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, (the “Agent”), as follows: Section 1. Description of Securities. The Company proposes to issue and sell from time to time through the Agent, as sales agent, shares (the “Shares”) of the Company’s common stock, par value $.01 per share (the “Common Stock”), on the terms set forth in Section 3 of this ATM Equity OfferingSM Sales Agreement (this
