[STOCK CERTIFICATE]
The securities represented by this certificate have not been registered under
the Securities act of 1933, as amended and may not be sold, transferred,
pledged, hypothecated or otherwise disposed of in the absence of (i) an
effective registration statement for such securities under said act or (ii) an
opinion of company counsel that such registration is not required.
NUMBER PEC 0278
SHARES 954853
POWER EFFICIENCY CORPORATION
PEC 00000278
INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE
CUSIP 739268 10 0
COMMON STOCK
This certifies that PERFORMANCE CONTROL LLC 4220 Varsity Drive #E Ann
Arbor MI 48108
Is the owner of
NINE HUNDRED FIFTY-FOUR THOUSAND EIGHT HUNDRED FIFTY-THREE
fully paid and non-assessable shares of the common stock of POWER EFFICIENCY
CORPORATION transferable on the books of the corporation by the holder thereof
in person or by duly authorized attorney, upon surrender of this certificate
property endorsed.
This certificate is not valid until countersigned by the Transfer Agent.
WITNESS the facsimile seal of the Corporation and the facsimile signatures of
its duly authorized officers.
Dated: August 03, 2000
006666100
/s/ Nicholas Anderson
[SEAL of POWER EFFICIENCY CORPORATION]
/s/ Anthony C. Caputo
Chairman of the Board
Chief Executive Officer
