December 21, 2007 By Hand John F. Elter East Greenbush, New York 12061 Dear John:Plug Power Inc • January 4th, 2008 • Electrical industrial apparatus • New York
Company FiledJanuary 4th, 2008 Industry JurisdictionThis letter proposes an agreement (the “Agreement”) between you and Plug Power Inc. (the “Company”) related to your retirement from your employment with the Company. If you agree to the terms of this Agreement, you acknowledge that you are entering into this Agreement voluntarily.