SUBSCRIPTION AGREEMENTSubscription Agreement • October 19th, 2009 • Raser Technologies Inc • Electric services • Delaware
FORM OF WARRANT RASER TECHNOLOGIES, INC. WARRANT Warrant No. [__] Dated: [__] 2009Warrant Agreement • October 19th, 2009 • Raser Technologies Inc • Electric services • Utah
Raser Technologies Inc., a Delaware corporation (the "Company"), hereby certifies that, for value received, [Name of Holder], or his registered assigns (the "Holder"), is entitled to purchase from the Company up to a total of [ _________ ] shares of common stock, $0.01 par value per share (the "Common Stock"), of the Company (each such share, a "Warrant Share" and all such shares, the "Warrant Shares") at an exercise price equal to $1.61 per share (as adjusted from time to time as provided in Section 9, the "Exercise Price"), at any time and on or after the date in which the warrants are issued (the "Initial Exercise Date") and through and including the date that is ten (10) years from the date hereof (the "Expiration Date"), and subject to the following terms and conditions. This Warrant (this "Warrant') is issued pursuant to that certain Subscription Agreement, dated as of [ ____________ ], by and among the Company and the Holder, pursuant to the Company's Registration Statements on
