Patrick Drive Uses in Notices Clause

Notices from Convertible Note

FOR VALUE RECEIVED, the undersigned, LIGHTING SCIENCE GROUP CORPORATION, a Delaware corporation (Borrower), promises to pay to the order of PEGASUS PARTNERS IV, L.P., a Delaware limited partnership (Lender), the sum of THIRTY TWO MILLION EIGHT HUNDRED FORTY SIX THOUSAND SIX HUNDRED NINETEEN DOLLARS AND TWO CENTS ($32,846,619.02) or so much thereof as may be outstanding hereunder, together with interest.

Notices. Any notice or demand given hereunder by the holder shall be deemed to have been given and received (a) when actually received by Borrower, if delivered in person or by courier or messenger, or (b) two (2) Business Days (as hereinafter defined) after a letter containing such notice, certified or registered, with postage prepaid, addressed to Borrower, is deposited in the United States Mail. The address of Borrower is 1227 South Patrick Drive, Building 2A, Satellite Beach, Florida 32937 or such other address as Borrower shall advise the holder hereof by certified or registered letter.

Notices from Convertible Note

FOR VALUE RECEIVED, the undersigned, LIGHTING SCIENCE GROUP CORPORATION, a Delaware corporation (Borrower), promises to pay to the order of KONINKLIJKE PHILIPS ELECTRONICS N.V. (Lender), on the Maturity Date the sum of FIVE MILLION DOLLARS ($5,000,000.00) or so much thereof as may be outstanding hereunder, together with interest.

Notices. Any notice or demand given hereunder by the holder shall be deemed to have been given and received (a) when actually received by Borrower, if delivered in person or by courier or messenger, or (b) two (2) Business Days (as hereinafter defined) after a letter containing such notice, certified or registered, with postage prepaid, addressed to Borrower, is deposited in the United States Mail. The address of Borrower is 1227 South Patrick Drive, Building 2A, Satellite Beach, Florida 32937 or such other address as Borrower shall advise the holder hereof by certified or registered letter.