0001144204-08-063519 Sample Contracts

11701 Mt. Holly Rd., Charlotte, NC 28214
Acorn Energy, Inc. • November 13th, 2008 • Services-computer programming services
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COALOGIX INC. Stock Option Agreement (Senior Officers)
Agreement • November 13th, 2008 • Acorn Energy, Inc. • Services-computer programming services • Delaware

THIS AGREEMENT (together with Schedule A attached hereto, this "Agreement"), made effective as of the day of , 20 (the "Grant Date"), by and between CoaLogix Inc., a Delaware corporation (the "Corporation"), and , an Employee of the Corporation or an Affiliate (the "Participant").

EXHIBIT A
Participation Agreement • November 13th, 2008 • Acorn Energy, Inc. • Services-computer programming services

In accordance with the provisions of the CoaLogix, Inc. and Subsidiaries Capital Appreciation Rights Plan (the “Plan”), you are hereby notified that, subject to your execution of this Participation Agreement, effective as of ________________, 20____ (the“Award Date”), you are a Participant in the Plan and have been awarded ____% of the Aggregate Award Pool, if any, as your CARs Award under the Plan.

EMPLOYMENT AGREEMENT
Employment Agreement • November 13th, 2008 • Acorn Energy, Inc. • Services-computer programming services • North Carolina

This Employment Agreement (the “Agreement”) is made and entered into by and among Joe B. Cogdell, Jr. (the “Employee”) and Acorn Energy, Inc. (“Acorn”) and CoaLogix Inc. (“CoaLogix”), a subsidiary of Acorn, as of September 15, 2008. Acorn and CoaLogix are sometimes hereinafter collectively referred to as the “Companies”.

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