Registration Rights Agreement Dated as of March 26, 2008 among Raser Technologies, Inc. and Merrill Lynch, Pierce, Fenner & Smith IncorporatedRegistration Rights Agreement • March 27th, 2008 • Raser Technologies Inc • Motors & generators • New York
This Agreement is made pursuant to the Purchase Agreement, dated as of March 19, 2008, among the Company and the Initial Purchaser (the “Purchase Agreement”), which provides for the sale by the Company to the Initial Purchaser of $50,000,000 aggregate principal amount ($55,000,000 principal amount if the Initial Purchaser exercises its over-allotment option in full) of the Company’s 8.00% Convertible Senior Notes due 2013 (the “Securities”). In order to induce the Initial Purchaser to enter into the Purchase Agreement, the Company has agreed to provide the registration rights set forth in this Agreement. The execution of this Agreement is a condition to the closing under the Purchase Agreement.
PLEDGE AND ESCROW AGREEMENT by and among RASER TECHNOLOGIES, INC., and THE BANK OF NEW YORK, as Escrow Agent, and THE BANK OF NEW YORK, as Trustee Dated as of March 26, 2008Pledge and Escrow Agreement • March 27th, 2008 • Raser Technologies Inc • Motors & generators • New York
