EX-99.7 16 ex99_7.htm EXHIBIT 99.7 Unassociated Document
Exhibit 99.7

FORM OF NOMINEE HOLDER CERTIFICATION
USA TECHNOLOGIES, INC.

The undersigned, a bank, broker, trustee, depositary, or other nominee of transferable subscription rights (the “Subscription Rights”) to purchase shares of common stock (the “Shares”) and warrants to purchase Shares (“Warrants”) of USA Technologies, Inc. (the “Company”) pursuant to the subscription rights offering described and provided for in the Company’s prospectus dated [________], 2009, hereby certifies to the Company and to American Stock Transfer & Trust Company, LLC, as Subscription Agent for such subscription rights offering, that (1) the undersigned has exercised, on behalf of the beneficial owners thereof (which may include the undersigned), the number of Subscription Rights specified below pursuant to the Basic Subscription Right (as defined in the Prospectus) and, on behalf of beneficial owners of Subscription Rights who have subscribed for the purchase of additional Shares and Warrants pursuant to the Oversubscription Right, the number of Shares and Warrants specified below pursuant to the Oversubscription Right (as defined in the Prospectus), listing separately below each such exercised Basic Subscription Right and the corresponding Oversubscription Right (without identifying any such beneficial owner), and (2) to the extent a beneficial owner has elected to subscribe for Shares and Warrants pursuant to the Oversubscription Right, each such beneficial owner’s Basic Subscription Right has been exercised in full:

Number of Shares Owned on the Record Date
 
Number of Shares Subscribed for Pursuant to the Basic Subscription Right
 
Number of Shares Subscribed for Pursuant to the Oversubscription Right
         
1.
       
         
2.
       
         
3.
       
         
4.
       
         
5.
       
         
6.
       
         
7.
       
         
8.
       
         
9.
       


         
Name of Nominee Holder
 
DTC Participant Number
         
By:
       
 
Name:
 
DTC Basic Subscription
 
Title:
 
Confirmation Numbers
 
Phone Number:
     
 
Fax Number:
 
Dated: