0001193125-09-107288 Sample Contracts

UTAH STATE MINERAL LEASE FORM GEOTHERMAL ENERGY LEASE
Geothermal Energy Lease • May 11th, 2009 • Raser Technologies Inc • Motors & generators • Utah

THIS MINING LEASE AND AGREEMENT (the “Lease”) is entered into and is effective as of DECEMBER 1, 2007, by and between the STATE OF UTAH, acting by and through the SCHOOL AND INSTITUTIONAL TRUST LANDS ADMINISTRATION, 675 East 500 South, Suite 500, Salt Lake City, Utah 84102 (“Lessor”),

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UTAH STATE MINERAL LEASE FORM GEOTHERMAL STEAM
Mineral Lease • May 11th, 2009 • Raser Technologies Inc • Motors & generators • Utah

THIS MINING LEASE AND AGREEMENT (the “Lease”) is entered into and is effective as of APRIL 1, 2007, by and between the STATE OF UTAH, acting by and through the SCHOOL AND INSTITUTIONAL TRUST LANDS ADMINISTRATION, 675 East 500 South, Suite 500, Salt Lake City, Utah 84102 (“Lessor”), and

GEOTHERMAL RESOURCES LEASE (Minersville Land and Livestock–Surface Lands Retained by Lessor)
Geothermal Resources Lease • May 11th, 2009 • Raser Technologies Inc • Motors & generators • Utah

THIS GEOTHERMAL RESOURCES LEASE (“Lease”), entered into this 25th day of September, 2007, by and between MINERSVILLE LAND AND LIVESTOCK COMPANY, a Utah corporation (collectively, “Lessor”), and INTERMOUNTAIN RENEWABLE POWER, LLC, a Delaware limited liability company (“Lessee”).

PURCHASE CONTRACT
Purchase Contract • May 11th, 2009 • Raser Technologies Inc • Motors & generators

This Purchase Contract (this “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 Thermo No. 1 BE-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”.

SERVICE AGREEMENT
Service Agreement • May 11th, 2009 • 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 Thermo No. 1 BE-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 84604 (hereinafter referred to as “Customer”). Customer and UTC Power are hereinafter referred to collectively as “Parties”.

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