0001193125-07-180884 Sample Contracts

RELEASE AND SEVERANCE AGREEMENT
Release and Severance Agreement • August 13th, 2007 • Environmental Power Corp • Cogeneration services & small power producers • New York

This RELEASE AND SEVERANCE AGREEMENT is made and entered into this 9 day of May, 2007, by and between John O’Neill (“Employee”) and Environmental Power Corporation (together with its former, current and future parents, agents, officers, directors, employees, successors, predecessors, and affiliated companies, the “Company”).

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ENVIRONMENTAL POWER CORPORATION Stock Appreciation Right Agreement under the 200[5][6] Equity Incentive Plan
Stock Appreciation Right Agreement • August 13th, 2007 • Environmental Power Corp • Cogeneration services & small power producers • Delaware

This Stock Appreciation Right Agreement (the “Agreement”) has been made as of , 2007 (the “Grant Date”) between Environmental Power Corporation, a Delaware corporation (the “Company”), and (the “Participant”).

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