Document:

FORM
      OF
      LOCK-UP AGREEMENT

    

    September
      9, 2008

    

    Each
      Purchaser referenced below:

    

    
      	 	
              Re:

            	
              Securities
                Purchase Agreement, dated as of September 9, 2008 (the “Purchase
                Agreement”),
                between Premier Power Renewable Energy, Inc., a Delaware corporation
                (the
                “Company”)
                and the purchasers signatory thereto (each, a “Purchaser”
                and, collectively, the “Purchasers”)

            

    

     

    Ladies
      and Gentlemen:

     

    Defined
      terms not otherwise defined in this letter agreement (the “Letter
      Agreement”)
      shall
      have the meanings set forth in the Purchase Agreement. Pursuant to Section
      2.2(a) of the Purchase Agreement and in satisfaction of a condition of the
      Company’s obligations under the Purchase Agreement, the undersigned irrevocably
      agrees with the Company that, from the date hereof until the earlier of (a)
      the
      12 month anniversary of the Effective Date and (b) the date that (i) the
      Company’s Common Stock has a closing bid price of $4.00 or more for 20
      consecutive Trading Days and an average daily trading volume during such same
      period of at least 100,000 shares (such price and volume adjusted for any stock
      splits and similar adjustments effected after the Closing Date) or (ii) the
      Common Stock is listed on any tier of the Nasdaq Stock Market (such period,
      the
“Restriction
      Period”),
      the
      undersigned will not offer, sell, contract to sell, hypothecate, pledge or
      otherwise dispose of (or enter into any transaction which is designed to, or
      might reasonably be expected to, result in the disposition (whether by actual
      disposition or effective economic disposition due to cash settlement or
      otherwise) by the undersigned or any Affiliate of the undersigned or any person
      in privity with the undersigned or any Affiliate of the undersigned), directly
      or indirectly, including the filing (or participation in the filing) of a
      registration statement with the Commission in respect of, or establish or
      increase a put equivalent position or liquidate or decrease a call equivalent
      position within the meaning of Section 16 of the Exchange Act with respect
      to,
      any shares of Common Stock or Common Stock Equivalents beneficially owned,
      held
      or hereafter acquired by the undersigned (the “Securities”).
      Beneficial
      ownership shall be calculated in accordance with Section 13(d) of the Exchange
      Act. In order to enforce this covenant, the Company shall impose irrevocable
      stop-transfer instructions preventing the Transfer Agent from effecting any
      actions in violation of this Letter Agreement.

     

    Each
      of
      the undersigned, severally and not jointly with the other signatories hereto,
      covenants that neither it, nor any Affiliate acting on its behalf or pursuant
      to
      any understanding with it, will execute any Short Sales during the period
      commencing with the execution of this letter and ending the earlier of (i)
      one
      year after the Effective Date or (ii) 18 months after the Closing
      Date.

     

    During
      the Restriction Period, the undersigned “Insiders” shall be permitted to make
      Transfers of the shares of the Common Stock held by the undersigned in an amount
      up to 20% of the number of shares shown next to such “Insiders” signature below
      so long as the closing

     

    
      
         

      

      
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          1 -

        
          

        

      

      
         

      

    

    bid
      price
      on the Trading Day prior to such Transfer is at least $3.00 (adjusted for any
      stock splits and similar adjustments effected after the Closing
      Date).

     

    Notwithstanding
      anything to the contrary herein, during the Restriction Period, Genesis Capital
      Advisors, LLC (“Genesis”) shall be permitted to make Transfers of the shares of
      the Common Stock held by the undersigned in an amount up to 45% of the number
      of
      shares shown next to Genesis’ signature below so long as the closing bid price
      on the Trading Day prior to such Transfer is at least $2.00 (adjusted for any
      stock splits and similar adjustments effected after the Closing Date); provided
      further, that Genesis shall not make any other Transfers at any price less
      than
      $3.00 per share prior to the earlier of 12 months following the Effective Date
      or the listing of the Common Stock on any tier of the Nasdaq Stock
      Market.

     

    The
      undersigned acknowledges that the execution, delivery and performance of this
      Letter Agreement is a material inducement to each Purchaser to complete the
      transactions contemplated by the Purchase Agreement and that each Purchaser
      (which shall be a third party beneficiary of this Letter Agreement) and the
      Company shall be entitled to specific performance of the undersigned’s
      obligations hereunder. The undersigned hereby represents that the undersigned
      has the power and authority to execute, deliver and perform this Letter
      Agreement, that the undersigned has received adequate consideration therefor
      and
      that the undersigned will indirectly benefit from the closing of the
      transactions contemplated by the Purchase Agreement.

     

    This
      Letter Agreement may not be amended or otherwise modified in any respect without
      the written consent of each of the Company, each Purchaser and the undersigned.
      This Letter Agreement shall be construed and enforced in accordance with the
      laws of the State of New York without regard to the principles of conflict
      of
      laws. The undersigned hereby
      irrevocably submits to the exclusive jurisdiction of the United States District
      Court sitting in the Southern District of New York and the courts of the State
      of New York located in Manhattan, for the purposes of any suit, action or
      proceeding arising out of or relating to this Letter Agreement, and hereby
      waives, and agrees not to assert in any such suit, action or proceeding, any
      claim that (i) it is not personally subject to the jurisdiction of such court,
      (ii) the suit, action or proceeding is brought in an inconvenient forum, or
      (iii) the venue of the suit, action or proceeding is improper.
      The
      undersigned hereby irrevocably waives personal service of process and consents
      to process being served in any such suit, action or proceeding by receiving
      a
      copy thereof sent to the Company at the address in effect for notices to it
      under the Purchase Agreement and agrees that such service shall constitute
      good
      and sufficient service of process and notice thereof. The undersigned hereby
      waives any right to a trial by jury. Nothing contained herein shall be deemed
      to
      limit in any way any right to serve process in any manner permitted by law.
      The
      undersigned agrees and understands that this Letter Agreement does not intend
      to
      create any relationship between the undersigned and each Purchaser and that
      each
      Purchaser is not entitled to cast any votes on the matters herein contemplated
      and that no issuance or sale of the Securities is created or intended by virtue
      of this Letter Agreement.

     

    By
      its
      signature below, the Transfer Agent hereby acknowledges and agrees that,
      reflecting this Letter Agreement, it has placed an irrevocable stop transfer
      instruction on all Securities beneficially owned by the undersigned until the
      end of the Restriction Period. This Letter Agreement shall be binding on
      successors and assigns of the undersigned with respect to

    
      
         

      

      
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          2 -

        
          

        

      

      
         

      

    

    the
      Securities and any such successor or assign shall enter into a similar agreement
      for the benefit of the Purchasers.

    

    

    ***
      SIGNATURE PAGE FOLLOWS***

    

    

    
      
         

      

      
        -
          3 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

    

    This
      Letter Agreement may be executed in two or more counterparts, all of which
      when
      taken together may be considered one and the same agreement.

    

    “Insiders”

    

    DEAN
      MARKS

    

    

    _________________________

    Signature

     

    Dean
      Marks

    Print
      Name

     

    Chief
      Executive Officer, President and Chairman of the Board

    Position
      in Company

    

    Address
      for Notice:

    4961
      Windplay Drive, Suite 100

    El
      Dorado
      Hills, CA 95762

    Tel:
      (916) 939-0400

    Fax:
      (916) 939-0490

    

    12,488,056

    Number
      of
      shares of Common Stock

    

    None

     

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    
      
         

      

      
        -
          4 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

    

    “Insiders”
      (continued)

    

    MIGUEL
      DE ANQUIN

    

    

    _________________________

    Signature

     

    Miguel
      de Anquin

    Print
      Name

     

    Chief
      Operating Officer, Director and Corporate Secretary

    Position
      in Company

    

    Address
      for Notice:

    4961
      Windplay Drive, Suite 100

    El
      Dorado
      Hills, CA 95762

    Tel:
      (916) 939-0400

    Fax:
      (916) 939-0490

    

    7,090,797

    Number
      of
      shares of Common Stock

    

    None

     

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    

     

    
      
         

      

      
        -
          5 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

    

    “Insiders”
      (continued)

    

    BJORN
      PERSSON

    

    

    _________________________

    Signature

     

    Bjorn
      Persson

    Print
      Name

     

    President
      of Premier Power, S.L.

    Position
      in Company

    

    Address
      for Notice:

    Pol
      Ind,
      Calle E, n3

    Oficina
      0F

    31192
      Mutilva Baja (Navarra)

    Spain

    Tel:
      ++34
      948070154 x804

    

    

    2,547,126

    Number
      of
      shares of Common Stock

    

    None     

     

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    
      
         

      

      
        -
          6 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

    

    “Insiders”
      (continued)

    

    JUAN
      OSTIZ

    

    

    _________________________

    Signature

     

    Juan
      Ostiz

    Print
      Name

     

    Employee
      of Premier Power, S.L.

    Position
      in Company

    

    Address
      for Notice:

    Pol
      Ind,
      Calle E, n3

    Oficina
      0F

    31192
      Mutilva Baja (Navarra)

    Spain

    Tel:
      ++34
      948070154

    

    

    512,173

    Number
      of
      shares of Common Stock

    

    None

     

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    

     

    

     

    
      
         

      

      
        -
          7 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

     

    

     

    Genesis
      Capital Advisors, LLC:

     

    Signature

     

    

    By: 
      __________________________

    Name:
      Charles Gilreath

    Title:
      Managing Member

    

    Address
      for Notice:

    15760
      Ventura Blvd.

    Suite
      1550

    Encino,
      CA 91436

    Tel:
      (818) 728-4700

    Fax:
      (818) 528-3445

    

    

    1,580,598

    Number
      of
      shares of Common Stock

    

    None

     

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    
      
         

      

      
        -
          8 -

        
          

        

      

      
         

      

    

    LETTER
      AGREEMENT SIGNATURE PAGE

     

    By
      signing below, the Company agrees to enforce the restrictions on transfer set
      forth in this Letter Agreement.

    

    PREMIER
      POWER RENEWABLE ENERGY, INC.  

    

    

    By: 
      _________________________________

    Name:
      Dean Marks

    Title:
      Chief Executive Officer

    

    

    Acknowledged
      and agreed to

    as
      of the
      date set forth above:

    

    Computershare
      Trust Company, N.A.

    

    By: 
      ________________________________

    Name:

    Title:

     

     

    -
      9
      -Exhibit 10.1

EXHIBIT 10.1 - September 5, 2008 Joint Venture Agreement

EXHIBIT 10.1

EXHIBIT 10.1

EXHIBIT 10.1

EXHIBIT 10.1

EXHIBIT 10.1

EXHIBIT 10.1

EXHIBIT 10.1

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