Document:

Exhibit 4.89

 

Exhibit 4.89

Markus K. Christen

6 Maher Road

Somerset, NJ 08873

(732) 249 1071

(732) 910 5082 (cell)

(732) 875 0380 (fax)

markuskchristen@aot cam

January 12, 2007

Nevada Geothermal Power Inc

Attn. Mr. Brian Fairbank

President/CEO

Suite 900 - 409 Granville Street

Vancouver, BC V6C 112

Canada

Dear Brian

This letter agreement confirms our understanding that Nevada Geothermal Power, Inc, (the "Company" or you") has engaged Markus K. Christen ("MC" or "I") or his affiliates, as appropriate, to act as your Exclusive Financial Advisor in the arranging of debt financing and or equity/tax equity financing, or any combination thereof (together referred to as the "Project Financing") through a special purpose entity (les) in order to fund construction of the Company's proposed Blue Mountain geothermal project (the Project"), located in Humboldt County, Northern Nevada. In addition, MC may act as your Non-Exclusive Financial Advisor for the purpose of assisting in arranging financing (equity/debt or tax equity) for the special purpose entity in order to fund completion of feasibility work on the Project (the "Feasibility Financing"), which shall be completed prior to the Project Financing.

The term of this engagement shall be 12 months from the date of this agreement (the "Term"), unless extended by mutual agreement in writing.

MC acknowledges that the Company has previously granted a right of first refusal to Dundee Securities Inc. to lead manage all equity offerings by the Company and to act as its financial advisor in certain transactions, such as a sale, reorganization of similar transactions (the "Dundee ROFR"). The Company anticipates that the intended structure of the Feasibility and Project Financing will fail outside of the Dundee ROFR; however, until the final structure is determined, the parties acknowledge that the Dundee ROFR may apply to the Feasibility and Project Financing.

As part of this engagement, I will, if appropriate and requested:

(a)

assist in financial structuring the Project;

(b)

assist in preparation of a financing plan;

(c)

solicit proposals for funding senior debt, subordinated/mezzanine debt;

(d)

solicit proposals for equity/tax equity;

(e)

assist in the evaluation of such proposals;

(f)

assist in structuring, negotiation and documentation;

in connection with MC's engagement, the Company will furnish MC with all information concerning the Company and any companies through which the Project is to be carried out (the Project Companies") which MC reasonably deems appropriate and will provide MC with access to the officers, directors, employees, accountants, counsel and other representatives (collectively, the "Representatives"), it being understood that MC will rely solely upon such information supplied by the Project Companies and their Representatives without assuming any responsibility for independent investigation or verification thereof. All non-public information concerning the Project Companies given to MC will be used solely in the course of the performance of the services hereunder and will be treated confidentially for so long as it remains non-public. Except as otherwise required by law or judicial or regulatory process, MC will not disclose this information to a third party without the consent of the Company.

As compensation for services hereunder, the Company agrees to pay MC as follows:

(a)  financial advisory fees for services rendered at an hourly rate of US $200 per hour, subject to a daily maximum fee of US $1,000 per travel day, a daily maximum fee of US $1,600 per standard business day, and a monthly maximum fee of US$12,500 per month (the "Service Fees"). One-Half of all Service Fees shall be credited against any Transaction Fee paid out as described in section (b) below,

(b) in connection with the Project Financing a success fee, (the "Transaction Fee"). Such Transaction Fee shall be the higher of US$500'000 and the sum of:(i) 4% of the amount of any equity placement (including drilling expenditures, accelerated depreciation, investment tax credits and depletion allowance) or sub debt/mezzanine debt; and (il) 0.50% of the amount of any senior debt financing arranged; and (iii) 1 % of production tax credit financing.

(c) in connection with the Feasibility Financing, the Company shall pay fees to MG in consideration for funding provided by investors introduced to the Company, calculated, depending of the form of such financing, at the rates described in sub-section (b) above, provided that the US$500,000 minimum fee shall not apply to Feasibility Financing. In the event that funding is provided through the efforts of another agent working with MC, then MC shall negotiate in good faith an equitable fee sharing arrangement with such agent.

(d) In addition, the Company agrees to reimburse MC monthly for all reasonable out-of pocket expenses.

All fees and expenses payable hereunder are net of all applicable withholding and similar taxes. It is understood that the consultant will be responsible for making any and all remittances required by law or with respect to taxation, unemployment insurance, pension contributions or any other matters.

For purposes of this agreement, the "Transaction Fee" shall become due and payable when the Company signs project documentation for the Project Financing of the Project and shall be paid from the first drawdown. For the purposes of this engagement the term "Project Financing" shall include, without limitation, any (whether in one or a series of transactions) investment(s) of a third party in the assets or capital stock of any Project Company. In the event that MC should arrange Project Financing from an existing contact of the Company (such contacts being listed on Annex B) then MC agrees that the 4% Transaction Fee for equity placement or sub debt/mezzanine debt shall be reduced to 3%.

No advice rendered by MC, or a reference to MC, whether formal or informal, may be disclosed, in whole or in part, or summarized, excerpted from or otherwise referred to without our prior written consent, unless such disclosure is required to be made by the Company in order to comply with the applicable securities regulatory disclosure obligations of the Company. If requested by MC, the Company shall include a mutually acceptable reference to MC in any press release or other public announcement made by the Company regarding the matters described in this letter.

  

Since MC will be acting on behalf of the Company in connection with its engagement hereunder, the Company and MC agree to the indemnity provisions and other matters set forth in Annex, A which is incorporated by reference into this agreement.

MC's engagement hereunder may be terminated at any time during the Term with or without cause upon 30 days' prior written notice thereof to the other party; provided, however, that in the event of any termination of MC's engagement hereunder without cause, MC will continue to be entitled to receive the Transaction Fee provided for herein if at any time within 12 months after any such termination the Company signs documentation for the Financing (on financial terms substantially the same as the financing terms proposed by MC) with an entity or investment group that was introduced to the Company by MC or is included in Annex B. For greater certainty, in the event that the Company does sign a termsheet for the Financing before the expiration of the Term of this agreement, then MC's right to receive a Transaction Fee shall not terminate.

In the event that the engagement is terminated by MC, then MC shall not be entitled to receive the Transaction Fee.

In connection with this engagement, MC is acting as an independent contractor and not in any other capacity, with duties owing solely to the Company. All aspects of the relationship created by this agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia, applicable to contracts made and to be performed therein.

I am delighted to accept this engagement and look forward to working with you on this assignment. Please confirm that the foregoing is in accordance with your understanding by signing and returning to us the enclosed duplicate of this agreement.

 

	
	Very truly yours,
	/s/ Markus K. Christen

	Markus K. Christen

	
	Accepted and agreed to as the date first written above:

	NEVADA GEOTHERMAL POWER, INC
	By:

   

   
  	 /s/ Brian D. Fairbank

    Name:Brian D. Fairbank

    Title: President
    

 

 

 

 

ANNEX A

Nevada Geothermal Power, Inc.

January 12, 2007

In further consideration of the agreements contained in our engagement letter dated the date hereof (the "engagement"), In the event that MC Capital Partners LLC/Markus K. Christen ("MC") (Indemnified Person") becomes involved in any capacity in any action, claim, suit, investigation or proceeding, actual or threatened, brought by or against any person, including stockholders of Nevada Geothermal Power, Inc (the "Company"), in connection with or as a result of the engagement or any matter referred to in the engagement, the Company will reimburse such indemnified Person for its reasonable and customary legal and other expenses (including without limitation the costs and expenses incurred in connection with investigating, preparing for and responding to third party subpoenas or enforcing the engagement) incurred in connection therewith as such expenses are incurred. The Company will also indemnify and hold harmless any Indemnified Person from and against, and the Company agrees that no Indemnified Person shall have any liability to the Company or its owners, parents, affiliates, security holders or creditors for, any losses, claims, damages or liabilities (including actions or proceedings in respect thereof) (collectively, “Losses”) (A) related to or arising out of (i) the Company's actions or failures to act (including statements or omissions made or information provided by the Company or its agents)1 or (ii) actions or failures to act by an Indemnified Person with the Company's consent or in reliance on the Company's actions or failures to act or (B) otherwise related to or arising out of the engagement or MC's performance thereof, except that this clause (B) shall not apply to any Losses that are finally determined by a court or arbitral tribunal to have resulted primarily from the bad faith or negligence of such Indemnified Person. If such indemnification is for any reason not available or insufficient to hold an Indemnified Person harmless, the Company agrees to contribute to the Losses involved in such proportion as is appropriate to reflect the relative benefits received (or anticipated to be received) by the Company, on the one hand, and by MC, on the other hand, with respect to the engagement or, if such allocation is determined by a court or arbitral tribunal to be unavailable, in such proportion as is appropriate to reflect other equitable considerations such as the relative fault of the Company on the one hand and of MC on the other hand; provided, however, that, to the extent permitted by applicable law, the Indemnified Person shall not be responsible for amounts which In the aggregate are in excess of the amount of all fees actually received by MC from the Company in connection with the engagement.

The Company will not, without MC’s prior written consent, settle, compromise, consent to the entry of any judgment in or otherwise seek to terminate any action, claim, suit, investigation or proceeding in respect of which indemnification may be sought hereunder (whether or not any Indemnified Person is a party thereto) unless such settlement, compromise, consent or termination includes a release of each indemnified Person from any liabilities arising out of such action, claim, suit, investigation or proceeding. The Company will not permit any such settlement, compromise, consent or termination to Include a statement as to, or an admission of, fault, culpability or a failure to act by or on behalf of an Indemnified Person, without such Indemnified Person's prior written consent. No Indemnified Person seeking indemnification, reimbursement or contribution under this agreement will, without the Company's prior written consent, settle, compromise, consent to the entry of any judgment in or otherwise seek to terminate any action, claim, suit, investigation or proceeding referred to herein.

The Company's obligations hereunder shall be in addition to any rights that any Indemnified Person may have at common law or otherwise. The Company acknowledges that in connection with the engagement MC is acting as an independent contractor and not in any other capacity with duties owing solely to the Company. This agreement and any other agreements relating to the engagement shall be governed by and construed in accordance with the laws of the Province of British Columbia, applicable to contracts made and to be performed therein. Notwithstanding the foregoing, solely for purposes of enforcing the Company's obligations hereunder, the Company consents to personal jurisdiction, service and venue in any court proceeding in which any claim subject to this agreement is brought by or against any Indemnified Person.

The provisions of this agreement shall apply to the engagement (including related activities prior to the date hereof) and any modification thereof and shall remain in full force and effect regardless of the completion or termination of the engagement. If any term, provision, covenant or restriction herein is held by a court of competent jurisdiction to be invalid, void or unenforceable or against public policy, the remainder of the terms, provisions and restrictions contained herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated.

	
	NEVADA GEOTHERMAL POWER, INC
	By:  

    	 /s/ Brian D. Fairbank

       Name: Brian D. Fairbank

    Title: President 

 

 

	
	Accepted and agreed to as the date first written above:

	 

	/s/ Markus K. Christen
	 

	Markus K. Christen

 

 

ANNEX B

Nevada Geothermal Power, Inc.

January 12, 2007

		
	Company

	Contact & Notes

	SELL SIDE

	 

	Dundee Securities

	Bob Banack

	Toll Cross Investments

	John Maycock

	Shemano

	Terrence Cush

	Fraser Mackenzie

	Vic Valiance and Principals

	Sprott Securities

	Marc & Mac Whale

	Redwood Securities

	Arendt deJounge

	Silver Point Capital

	L. Spencer Wells & John KU

	Global Investment Partners

	Rick Rule

	BUY SIDE

potential project financiers

	All expressed interest in participating in Project Finance, should be contacted

	Manulife

	Bill Sutherland

	AES

	Ryan Pfaff

	Wexford Capital

	Mark Zand & Tony Lundy

	SAC Capital Management

	Arvind Sanger & J. Mark Hastings

	Scotland Bank

	Todd Lapenna

	CIT

	Danielle Leverone & Daniel Morash & Robert Sexton & John Eleoterio

	Goldman Sachs

	 

	Paul van Eden

	 

	Exploration Capital Partners

	Rick Rule ,Participated in $.90 CDN unit in May 2007

	
      Quest Capital

	
      Murray Sinclair & Michael Atkinson

	
      EPCOR

	
      John
        Chaicraft

    
	JP Morgan Securities

	 

	Wellington Management

	Binkly Shorts

	CIM Energy Group

	Burlington Railroad

	 
	 

	INVESTORS IN PP – BUY SIDE

	$800,000 plus

	Exploration Capital Partners

	Rick Rule ,Participated in $.90 CON unit in May 2007

	Nite Capital

	Participated in $.90 CDN unit in May 2007

	SDS Capital

	Participated in $.90 CDN unit in May 2007

	Middlemarch Partners

	• Participated in $.90 CON unit in May 2007

	Savoy Investment

	Participated in $.90 CDN unit in May 2007

	DKR Capital •

	 

	US Renewables

	 

	RAG Special Situations (Master) Fund Limited

	Participated in $.90 CDN unit in May 2007

	Goldman Sachs

	Participated in $.90 CON unit in May 2007

	K2 Principal Fund

	Participated in $.90 CON unit In May 2007

	Parkwood GP Inc.

	Participated in $,90 CON unit in May 2007

	Royal Capital Management

	Participated in $.90 CON unit in May 2007

	MMCap International Inc. SPA

	Participated in $.90 CON unit in May 2007

	Waterfall Tipping Point LP

	Participated in $.90 CDN unit in May 2007

	Nite Capital LP

	Participated in $.90 CDN unit in May 2007

	Wellington Management

    
                  1. Oregon Investment Council

                2. The Dow Chemical Employees' Retirement Plan

                3. WTC-CIF Emerging Companies Portfolio

    
	Participated in $.90 CDN unit in May 2007

Clients who have invested through Wellington in Boston

	Fidelity Select Portfolio Environmental

	Participated in $.90 CDN unit in May 2007

	Stone Brook Partners

	Participated in $.90 CON unit in May 2007

	Gentling Investments

	Participated in $.90 CON unit in May 2007

Markus K. Christen

6 Maher Road 

  Somerset , NJ 08873 

  (732) 240 1071 

  (732) 910 5082 (cell) 

  (732) 875 0380 (fax) 

markuskchristen@aol. com 

July 2, 2007 

Nevada Geothermal, Inc

Attn. Mr. Brian Fairbank 

President/CEO 

Suite 900 - 409 Granville Street 

Vancouver, BC VOC 1T2 Canada 

Dear Brian 

As you requested by you, I am working on a financing, which shall bridge the time between when an acceptable GeothermEx Report is available and when all the construction permits for the Blue Mountain project will be in place and the construction financing will be available. Such financing will give NGP the flexibility and necessary liquidity to continue the development process for Blue Mountain expeditiously and without interruption, 

The engagement letter, dated January 12, 2007 addresses 3 different levels of fees payable in connection different financing instruments: 

i) 4% for equity or mezzanine debt 

ii) 1% for PTC financing and 

ill) 0.5% for senior debt financing. 

The anticipated source of financing identified does not fit any of the three levels originally anticipated in the pure sense of its definitions. It gives NGP access to funds at the time when it only could be accessed through and instrument under i) above, but technically it will not be defined as equity or mezzanine debt I would like to clarify the situation and amend the Engagement Latter as follows: 

Paragraph (b) shall be replaced by new paragraph (b) 

(b) [old] in connection with the Project Financing a success fee, (the "Transaction Fee"). Such Transaction Fee shalt be the higher of US$500'000 and the sum of:(i) 4% of the amount of any equity placement (Including drilling expenditures, accelerated depreciation, investment tax credits and depletion allowance) or sub debt/mezzanine debt; and (ii) 0.50% of the amount of any senior debt financing arranged; and (iii) 1% of production tax credit financing. 

(b) [new] in connection with the Project Financing a success fee, (the "Transaction Fee"). Such Transaction Fee shall be the higher of US$500'000 and the sum of:(i) 4% of the amount of any equity placement (including drilling expenditures, accelerated depreciation, investment tax credits and depletion allowance) or sub debt/mezzanine debt; and (ii) 0.50% of the amount of any senior debt financing arranged; (iii) 1% of production tax credit financing and (iv) 2% of any Bridge Financing. 

Please review and if acceptable please execute and send back to me. 

  
    
      
        
          
            
              
                
                  Very truly yours, 

                

              

            

          

        

      

    

  

/s/ Markus K Christen 

Markus K Christen 

Accepted and agreed to as of July, , 2007: 

	NEVADA GEOTHERMAL POWER, INC 

	By: 
	/s/ Brian D. Fairbank 

	Name: Brian D. Fairbank 

	Title: PresidentExhibit 4.90

Exhibit 4.90 

PROFESSIONAL SERVICES AGREEMENT

This Agreement is entered into this 1st day of June 2007, by
and between Integral Energy Management (“IEM”), and Nevada Geothermal Power
Company (herein referred to as “Client”), for professional and related services
to be provided to Client.

I

SCOPE OF SERVICES

Services shall be provided to Client by IEM pursuant to
separate task orders (“Task Orders”). See Exhibit A. Each task or project that
Client desires IEM to undertake shall be defined in a separate Task Order signed
by the parties to this Agreement. Each such Task Order shall be effective upon
execution and shall thereafter become a part of this Agreement. Each Task Order
shall be consecutively numbered with the year and sequence number (e.g., 07-01),
and include a description of the scope of services to be provided, the time for
completion, a budget, and the method of compensation for the services defined in
such Task Order.

II

FEES FOR SERVICES

Except as may otherwise be set forth in a specific Task Order,
for services provided by IEM to Client pursuant to this Agreement, Client shall
pay IEM in accordance with the rates and charges set forth in Exhibit B, “Fees
for Services,” attached hereto.

III

BILLING AND PAYMENT

IEM shall submit a monthly statement to Client setting forth
the amount due for services and itemizing amounts due for expenses. Client shall
pay the full amount of such statement within thirty (30) days after receipt. Any
amount billed, not disputed in written form setting forth specific exceptions
and unpaid after thirty (30) days from the date of receipt, shall be subject to
a late payment charge equal to the lesser of one and one-half (1-1/2) percent or
the maximum rate permitted by law, for each month or fraction thereof past
due.

IV 

INDEPENDENT CONTRACTOR

IEM shall provide services to Client as an independent
contractor, not as an employee of Client. IEM shall not have or claim any right
arising from employee status.

1

V

TERMINATION OF AGREEMENT

(a) Unless otherwise terminated as provided herein, this
Agreement shall terminate May 31, 2010, (“Expiration Date”). Unless
otherwise directed by Client, IEM shall complete Task Orders in effect on the
Expiration Date of this Agreement.

(b) Notwithstanding any other provision of this Agreement,
either party may terminate this Agreement by giving thirty (30) days' advance
written notice to the other party.

(c) Upon termination of this Agreement, IEM shall have no
further obligation to provide services to Client. If the Agreement is terminated
prior to completion of the services to be provided hereunder, IEM shall render a
final bill for services to Client within thirty (30) days after the date of
termination, and Client shall pay IEM for all fees earned and expenses incurred
prior to the date of termination in accordance with Section III.

VI 

INSURANCE

(a) IEM shall maintain in effect at its own expense, employer's
liability insurance, one-million dollars ($1,000,000) aggregate of comprehensive
general liability insurance (bodily injury and property damage), five-hundred
thousand dollars ($500,000) aggregate of comprehensive automobile liability
insurance (bodily injury and property damage) with respect to IEM employees and
vehicles assigned to the prosecution of work under this Agreement. IEM shall
also maintain statutory workers' compensation insurance.

(b) IEM shall obtain and thereafter maintain in effect, if
available, such additional insurance as may be requested in writing by Client,
the cost of which will be reimbursed by Client.

VII 

LIABILITY

(a) IEM shall indemnify and hold harmless Client, its
directors, managers, partners, agents, and employees from and against any and
all liability, claims, demands, damages, losses, and expenses, including but not
limited to attorney's fees, for which IEM is determined to be legally liable
resulting from negligent acts, errors, or omissions by IEM, its directors,
managers, agents, and employees in performance of services required by this
Agreement. Liability, claims, demands, damages, losses, or expenses resulting
from the negligent acts, errors or omissions, whether active or passive, by
Client, its directors, managers, partners, agents, employees, or by others are
excluded from IEM's obligations pursuant to this paragraph.

(b) IEM's obligations to indemnify and hold Client harmless
shall be expressly limited to the level of fees paid to IEM under this
Agreement, and shall terminate one (1) year after termination of this
Agreement.

2

(c) Client shall indemnify and hold harmless IEM, its
directors, managers, agents, and employees from and against any and all
liability, claims, demands, damages, losses, and expenses, including but not
limited to attorney's fees, for which Client is determined to be
legally liable resulting from negligent acts, errors or omissions by Client, its
directors, managers, partners, agents, and employees. Liability, claims,
demands, damages, losses, or expenses resulting from the negligent acts, errors,
or omissions, whether active or passive, by IEM, its directors, managers,
agents, employees, or by others are excluded from Client's obligations pursuant
to this paragraph.

(d) In the event that Client changes in any way or uses in
another project or for other purposes any of the information or materials
developed by IEM pursuant to this Agreement, IEM is released from any and all
liability relating to their use and Client shall indemnify and hold harmless
IEM, its directors, managers, agents, and employees from and against any and all
liability, claims, demands, damages, losses, and expenses, including but not
limited to attorney's fees, arising out of such changes or use.

(e) Nothing in this Agreement shall be construed to create a
duty to, any standard of care with reference to, or any liability to any person
not a party to this Agreement.

(f) IEM shall not be liable to Client for incidental or
consequential damages.

VIII 

SUCCESSORS IN INTEREST

This Agreement shall be binding on, and inure to the benefit
of, each party's successors in interest, including their heirs, legatees,
assignees, and legal representatives.

IX 

WAIVER

Any waiver at any time by either party of its rights with
respect to a default under this Agreement, or with respect to any other matters
arising in connection with this Agreement, shall not be deemed a waiver with
respect to any subsequent default or other matter.

X

SEVERAL OBLIGATIONS

Except where specifically stated in this Agreement to be
otherwise, the duties, obligations, and liabilities of the parties are intended
to be several and not joint or collective. Nothing contained in this Agreement
shall be construed to create an association, trust, partnership, or joint
venture or impose a trust or partnership duty, obligation, or liability on or
with regard to either party. Each party shall be individually and severally
liable for its own obligations under this Agreement.

XI 

AMENDMENT

All changes or modifications to this Agreement shall be in
writing and signed by both parties.

3

XII 

GOVERNING LAW

This Agreement shall be construed and interpreted according to,
and the rights of the parties shall be governed by, the laws of the State of
Nevada.

XIII 

ATTORNEY'S FEES

If either party becomes involved in litigation arising out of
this Agreement or the performance thereof, the prevailing party shall be
entitled to reasonable attorney's fees, costs and expenses, in
addition to any other relief to which that party may be entitled. This provision
shall be construed as applicable to the entire Agreement.

XIV

ENTIRE AGREEMENT

This Agreement constitutes the complete and final expression of
the agreement of the parties and is intended as a complete and exclusive
statement of the terms of their agreements and supersedes all prior and
contemporaneous offers, promises, representations, negotiations, discussions,
communications, and agreements which may have been made in connection with the
subject matter hereof.

XV 

SEVERABILITY

If any provision of this Agreement is found or deemed by a
court of competent jurisdiction to be invalid or unenforceable, it shall be
considered severable from the remainder of this Agreement and shall not cause
the remainder to be invalid or unenforceable. In such event, the parties shall
reform this Agreement to replace such stricken provision with a valid and
enforceable provision which comes as close as possible to expressing the
intention of the stricken provision.

XVI 

NOTICES

(a) Any notice, demand, information, invoice, report, or item
otherwise required, authorized, or provided for in this Agreement, unless
otherwise specified herein, shall be deemed properly given if delivered in
person or sent by United States Mail, First Class postage prepaid:

	To 	Attn: Frank Misseldine 
	  	Integral Energy Management. 
	  	1755 East Plumb Lane, Suite 101 
	  	Reno, NV 89502 

	To: 	Attn: Max Walenciak 
	  	Nevada Geothermal Power Company 
	  	1755 East Plumb Lane, Suite 220 
	  	Reno, NV 89502 

(b) All notices shall be deemed effective upon receipt by the
party to whom such notice is given.

XVII 

SIGNATURE CLAUSE

The signatories hereto represent that they are authorized to
enter into this Agreement on behalf of the party for whom they sign.

	Nevada Geothermal Power Company 	Integral Energy Management 
	By:      /s/ Brian D. Fairbank 	By:     /s/ Gary
      Snedaker      6-25-07 

5

EXHIBIT A

TASK ORDER NO. (07-01)

SCOPE OF SERVICES FOR PERMITTING THE FAUKNER GEOTHERMAL POWER
PLANT

DATED JUNE 1, 2007

This Task Order defines a Scope of Services, Schedule and
Budget for work to be completed by Integral Energy Management (“IEM”) for Nevada
Geothermal Power Company (“Client”). This work is performed in
accordance with the Professional Services Agreement dated June 1, 2007.

SCOPE OF SERVICES

     1. PROJECT LEAD RESPONSIBLE FOR
DEVELOPMENT PERMITS:

-Obtain all permits and licenses
necessary to enable financing and construction of the Faulkner 1 power plant to
the extent project engineering data is provided by Client. Specifically excluded
from this Task Order are well and drilling permits and licenses. -Manage the
completion of BLM the Environmental Assessment covering the lease area and the
transmission line.

-Coordinating Client activities with
the BLM and other state and federal agencies relative to obtaining project
permits.

-Coordinating the activities of
specialist environmental consultants (flora, fauna, wildlife, birds, insects,
archeological, etc.) -In addition to above, identify, schedule and perform all
other activities necessary to complete the UEPA permit process.

     2. PROJECT LEAD RESPONSIBLE TO
ESTABLISH TRANSMISSION LINE ROUTE, RIGHT OF WAY, AND FOR POWER LINE
CONSTRUCTION:

-Coordinate activities with BLM
establishing transmission line route -Coordinate land surveys sufficient to
prepare easement agreements. -Obtain easement agreements with landowners

-Obtain rights to cross various other
established developments and associated easements (Jungo Road, other public and
private roads, railroad, private property, Sierra Pacific, gas -pipeline,
etc.)

     3 . GENERAL SUPPORT FOR NGP
DEVELOPMENT ACTIVITIES

-IEM will provide support to Client for
other development activities including land issues, county and state filings,
public requests, etc.

SCHEDULE

IEM's services to Client under this Task Order are for the
period June 1, 2007 through June 1, 2008.

MILESTONES

IEM will strive to achieve the following milestones:

-BLM approval of ROW, utilization plan
and operations plan by 12/31/2007. 
-BLM approval of Facility Construction
Permit by 12/31/2007.
-Acquisition of all ROW's and easements for the
transmission line by 12/31/2007. 
-Issuance of all remaining permits and
licenses by 3/31/2008.

BUDGET

IEM will be paid a monthly retainer of $15,000 for services
required by this task. IEM will report monthly total hours spent on the work.
This provision for payment supersedes labor costs in Exhibit B.

If Client exercises early termination of this Task Order
pursuant to Agreement Section V, then Client will pay to IEM a termination fee
equal to two times the Task Order monthly retainer.

REPORTING

IEM will provide participate in weekly status conferences as
scheduled by Client and provide written monthly reports on the status of all
work and activities including a schedule of future work. The report should be
emailed to Client's project management. IEM will provide copies of permits and
licenses to Client's project management as soon these become available.

Timesheets outlining work activities should be submitted on the
1E, and 15th of each month.

PROPOSED STAFFING

Frank Misseldine will perform the above services for IEM.

AUTHORIZATION

This Task Order is authorized and made an attachment to the
above-identified Professional Services Agreement through the signatures
below.

	Authorized By: 	Accepted By: 	 
	Nevada Geothermal Power Company 	Integral Energy Management. 	 

A-7

	EXHIBIT B 
	By: 	/s/
      Brian D. Fairbank 	 	By: 	/s/
      Gary Snedaker 
	  	  	 	  	  
	Date: 	June
      20/07 	 	Date: 	6-25-07 

FEES FOR SERVICES 

Professional and support services shall be billed at the
following rates:

	 	Frank Misseldine 	$125.00 per hour 	 
	 	Larry Bandt 	$125.00 per hour 	 
	 	Gary Snedaker 	$125.00 per hour 	 

The above rates shall be adjusted each year, commencing June 1,
2008, to reflect the change in rates officially established by IEM.

All travel, food, lodging, and miscellaneous expenses, except
automobile mileage, associated with the provision of services hereunder shall be
billed at cost. Mileage will be reimbursed at the rate then approved by the
Internal Revenue Service.

Client will directly reimburse other contractors or
subcontractors required to support the tasks.

Client shall reimburse IEM for any applicable sales tax imposed
on services rendered by IEM to Client.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}]]