AMENDMENT NO. 3 TO ROLLOVER AGREEMENTRollover Agreement • June 1st, 2011 • Rae Systems Inc • Measuring & controlling devices, nec
This Amendment No. 3 (this “Amendment No. 3”) to that certain Rollover Agreement, dated as of January 18, 2011 (the “Original Rollover Agreement”), as amended by Amendment No. 1 dated May 17, 2011 (“Amendment No. 1”), and Amendment No. 2 dated May 25, 2011 (“Amendment No. 2,” and collectively with the Original Rollover Agreement and Amendment No. 1, the “Rollover Agreement”), by and between Ray Holding Corporation, a Delaware corporation (the “Company”) and Chen Revocable Trust DTD 5/8/2011 (the “Investor”), is made and entered into as of May 31, 2011 by and between the Company and the Investor. All capitalized terms that are used in this Amendment No. 3 but not defined in this Amendment No. 3 shall have the respective meanings ascribed thereto in the Rollover Agreement.
