February 3, 2017 Cleantech Europe II (A), L.P. Cleantech Europe II (B), L.P. c/o Zouk Ventures Limited London, SW3 1 ER United Kingdom RE: Board Observer and Information Rights Ladies and Gentlemen:Letter Agreement • February 9th, 2017 • Lighting Science Group Corp • Electric lighting & wiring equipment
This letter agreement (this “Letter Agreement”) confirms the agreement among Lighting Science Group Corporation (the “Company”), Cleantech Europe II (A), L.P. (“Cleantech A”) and Cleantech Europe II (B), L.P. (“Cleantech B” and, together with Cleantech A, “Zouk”) that, effective as of the date hereof and for so long as Cleantech A and Cleantech B continue to collectively beneficially own, in the aggregate, at least 2,570 shares of the Series J Convertible Preferred Stock (“Series J Preferred Stock”) of the Company (as adjusted for any reclassification, stock split, reverse stock split, stock dividend, subdivision, combination, consolidation, recapitalization or any similar proportionately-applied change) (the “Zouk Preferred Rights Period”), Zouk shall be entitled to the contractual rights set forth below.
SEVENTH AMENDMENT AND LIMITED CONENT TO TERM LOAN AGREEMENTTerm Loan Agreement • February 9th, 2017 • Lighting Science Group Corp • Electric lighting & wiring equipment • New York
This SEVENTH AMENDMENT AND LIMITED CONSENT TO TERM LOAN AGREEMENT (this “Amendment”), is entered into as of February 3, 2017, by and among Lighting Science Group Corporation, a Delaware corporation (the “Borrower”), the Lenders (as defined below) signatory hereto, and Medley Capital Corporation, a Delaware corporation (“Medley”), as administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, the “Agent”).
