EXHIBIT 10.38 SUBSCRIPTION AGREEMENT This Subscription Agreement (hereinafter the "Agreement") is entered into this 8th day of January, 2004, by and between Raymond J. Skiptunis ("Skiptunis") and Power Efficiency Corporation ("PEC"). WHEREAS,...Subscription Agreement • March 10th, 2004 • Power Efficiency Corp • Electrical industrial apparatus • Delaware
PALI CAPITAL, INC. A MEMBER OF THE EUROPEAN AMERICAN INVESTMENT GROUPPower Efficiency Corp • March 10th, 2004 • Electrical industrial apparatus • New York
EXHIBIT 10.35 CONSULTING AGREEMENT This Agreement is effective as of September 22, 2003 by and between Power Efficiency Corporation (the "Company") and Raymond J. Skiptunis (the "Consultant"). The Company and the Consultant agree as follows: 1....Consulting Agreement • March 10th, 2004 • Power Efficiency Corp • Electrical industrial apparatus
BUSINESS PROPERTY LEASE BETWEEN ARENS INVESTMENT COMPANY AS A LANDLORD AND POWER EFFICIENCY CO. AS A TENANTPower Efficiency Corp • March 10th, 2004 • Electrical industrial apparatus • Michigan
