Letter of Resignation
| To: | The Board of Directors |
Power Efficiency Corporation
Las Vegas, Nevada
July 16, 2010
Dear Sirs,
I, Dick Morgan, hereby resign from my position as a member of the Board of Directors of Power Efficiency Corporation (the “Company”) with effect from the date hereof.
I acknowledge and confirm that my resignation is not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Yours faithfully,
Dick Morgan