0001193125-07-108396 Sample Contracts

GEOTHERMAL LEASE AGREEMENT
Geothermal Lease Agreement • May 9th, 2007 • Raser Technologies Inc • Motors & generators • Nevada

THIS GEOTHERMAL LEASE AGREEMENT (“Lease” or “Agreement”) is made and entered into as of the 17th day of January, 2007, (“Effective Date”), by and between Richard Guelich and Charles McGee, individuals with primary residences in the state of Nevada having addresses of respectively (collectively “Lessor”), and RASER POWER SYSTEMS, LLC., a Utah company with an address of 5152 North Edgewood Drive, Provo, Utah 84604 (“Lessee”).

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SOURCING AND DEVELOPMENT AGREEMENT
Sourcing and Development Agreement • May 9th, 2007 • Raser Technologies Inc • Motors & generators • New York

THIS SOURCING AND DEVELOPMENT AGREEMENT (the “Agreement”) is entered into as of the 6th day of April, 2007 (the “Effective Date”), by and between UTC Power Corporation, a corporation incorporated and existing under the laws of the State of Delaware and having an office and place of business at 195 Governor’s Highway, South Windsor, Connecticut (hereinafter referred to as “UTCP”), and Raser Technologies, Inc., a corporation incorporated and existing under the laws of the State of Utah and having an office and place of business at 5152 N. Edgewood Drive, Suite 375, Provo, Utah (hereinafter referred to as “RASER”). UTCP and RASER shall be hereinafter individually referred to as a “Party” and collectively referred to as the “Parties”.

SERVICE AGREEMENT
Service Agreement • May 9th, 2007 • Raser Technologies Inc • Motors & generators

This SERVICE AGREEMENT (this “Agreement” or “Contract”) is made and entered into as of the last date of execution hereof by and between UTC Power Corporation, a corporation incorporated and existing under the laws of the State of Delaware and having an office and place of business in South Windsor, Connecticut (hereinafter referred to as “UTC Power”) and TRUCKEE GEOTHERMAL NO. 1 SV-01, LLC., a limited liability company organized and existing under the laws of the State of Delaware and having an office and place of business at 5152 N. Edgewood Drive, Suite 375, Provo, Utah (hereinafter referred to as “Customer”). Customer and UTC Power are hereinafter referred to collectively as “Parties”.

PURCHASE CONTRACT
Purchase Contract • May 9th, 2007 • Raser Technologies Inc • Motors & generators

This Purchase Contract (the “Agreement”) is made and entered into as of the last date of execution hereof by and between UTC POWER CORPORATION, a corporation incorporated and existing under the laws of the State of Delaware and having an office and place of business in South Windsor, Connecticut (hereinafter referred to as “UTCP”) and Truckee Geothermal No. 1 SV-01, LLC, a limited liability company incorporated and existing under the laws of the State of Delaware and having an office and place of business at 5152 N. Edgewood Drive, Suite 375, Provo, Utah) (hereinafter referred to as “BUYER”). BUYER and UTCP are hereinafter referred to collectively as “Parties”.

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