Exhibit 10.9

 

BILL OF SALE AND ASSIGNMENT

 

This BILL OF SALE AND ASSIGNMENT (this “Bill of Sale”), is made and entered into
as of September 30, 2014 (the “Effective Date”), by and between VIVINT SOLAR,
INC., a Delaware corporation (f/k/a Solar Holdings, Inc.) (together with its
successors and permitted assigns, “Vivint Solar”), and VIVINT, INC., a Utah
corporation (together with its successors and permitted assigns “Vivint”).  Each
of Vivint Solar and Vivint may also be referred to herein individually as a
“Party”, and collectively as the “Parties”.

RECITALS

WHEREAS, Vivint Solar and Vivint are affiliate business entities, under the
common control and ownership of 313 Acquisition, LLC, a Delaware limited
liability company.

WHEREAS, by this Bill of Sale Vivint is vesting in Vivint Solar all of the
properties, assets, and rights of Vivint described below.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants, agreements and
conditions set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties agree as
follows:

1.Definitions

. Any capitalized term used but not defined in this Bill of Sale will have the
meaning set forth for that term in the Master Framework Agreement of even date
herewith between Vivint and Vivint Solar, Inc. (the “Master Framework
Agreement”). Capitalized terms used in this Bill of Sale and not otherwise
defined in this Bill of Sale or in the Master Framework Agreement will have the
following meanings:

(a)“Transferred Assets” means the assets set out in Exhibit A.

2.Transfer.  Pursuant to the Master Framework Agreement, Vivint does hereby
grant, bargain, sell, convey, transfer, assign, set over, release, deliver and
confirm to Vivint Solar, its successors and assigns, all of their right, title
and interest in and to the Transferred Assets to have and to hold the same, with
the appurtenances thereof, unto Vivint Solar, its successors and assigns
forever, to and for their own use and benefit.

3.No Third Party Beneficiaries.  Nothing in this Bill of Sale, express or
implied, is intended or shall be construed to confer upon, or give to, any
person, firm or corporation other than Vivint Solar and its successors and
assigns, any remedy or claim under or by reason of this Bill of Sale on any
terms, covenants or condition hereof, and all the terms, covenants and
conditions, promises and agreements in this Agreement contained shall be for the
sole and exclusive benefit of Vivint Solar and its successors and assigns.

4.Master Framework Agreement. This Bill of Sale is governed by the Master
Framework Agreement, including the provisions of Sections 4 (Confidentiality)
and 6 (Miscellaneous) of the Master Framework Agreement.

Bill of Sale and Assignment

1Vivint Solar, Inc. & Vivint, Inc. Confidential

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[SIGNATURE PAGES FOLLOW]

 

Bill of Sale and Assignment

2Vivint Solar, Inc. & Vivint, Inc. Confidential

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[SIGNATURE PAGES TO BILL OF SALE AND ASSIGNMENT]

IN WITNESS WHEREOF, the Parties have executed this Bill of Sale and Assignment
as of the date first written above.

VIVINT SOLAR:

 

VIVINT SOLAR, INC.,

a Delaware corporation

 

 

By:

/s/ Greg Butterfield

Name:

Greg Butterfield

Title:

Chief Executive Officer

 

[SIGNATURE PAGEs CONTINUE ON FOLLOWING PAGE]

 

 

Bill of Sale and Assignment

3Vivint Solar, Inc. & Vivint, Inc. Confidential

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VIVINT:

 

VIVINT, INC.,

a Utah corporation

 

 

By:

/s/ Alex Dunn

Name:

Alex Dunn

Title:

President

 

Bill of Sale and Assignment

4Vivint Solar, Inc. & Vivint, Inc. Confidential

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EXHIBIT A

TRANSFERRED ASSETS

·

All computers, laptops and the like in the possession of or primarily used by
employees or contractors of Vivint Solar;

·

All tablets, cell phones, and other mobile communication devices in the
possession of or primarily used by employees or contractors of Vivint Solar;

·

All monitors, televisions, or other display devices in the possession of or
primarily used by employees or contractors of Vivint Solar;

·

All printers, faxes, multifunction devices and other office equipment in the
possession of or primarily used by employees or contractors of Vivint Solar; and

·

All networking or telephony equipment in the possession of or primarily used by
employees or contractors of Vivint Solar.

Bill of Sale and Assignment

5Vivint Solar, Inc. & Vivint, Inc. Confidential