Exhibit 10.36

CONFIDENTIAL TREATMENT REQUESTED: Certain portions of this document have been omitted pursuant to a request for confidential treatment and, where applicable, have been marked with an asterisk ([****]) to denote where omissions
have been made. The confidential material has been filed separately with the Securities and Exchange Commission.

FIRST AMENDMENT TO

LOAN AND SECURITY AGREEMENT

THIS FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this Amendment) is
entered into this 31stday of December, 2008, by and among SILICON VALLEY BANK (Bank) and LUNA INNOVATIONS
INCORPORATED, a Delaware corporation (LII), LUNA TECHNOLOGIES, INC., a Delaware corporation (LTI; and together with LII, individually as a Borrower and collectively as
Borrowers), whose address is 1 Riverside Circle, Suite 400, Roanoke, Virginia 24016.

RECITALS

A.Bank and Borrowers have entered into that certain Loan and Security Agreement dated as of May 22,
2008 (as the same may from time to time be further amended, modified, supplemented or restated, the Loan Agreement).

B.Bank has extended credit to Borrowers for the purposes permitted in the Loan Agreement.

C.Borrowers have requested that Bank amend the Loan Agreement to (i) adjust the interest rates under the Revolving Line and Term Loan, (ii) revise the minimum EBITDA covenant set forth in
Section 6.7(c) of the Loan Agreement, (iii) add intellectual property as Collateral, and (iv) make certain other revisions to the Loan Agreement as more fully set forth herein.

D.Bank has agreed to so amend certain provisions of the Loan Agreement, but only to the extent, in accordance with the
terms, subject to the conditions and in reliance upon the representations and warranties set forth below.

AGREEMENT

NOW, THEREFORE, in consideration of the foregoing recitals and other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows:

1.    Definitions. Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Loan Agreement.

2.    Amendments to Loan Agreement.

2.1    Section 2.3 (Payment of Interest on the Credit Extensions). Section 2.3(a) is amended in its
entirety and replaced with the following:



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(a) Interest Rate.

(i) Advances. Subject to Section 2.3(b), the principal amount outstanding under the Revolving Line shall accrue interest at a
floating per annum rate equal to the greater of (i) one percentage point (1.0%) above the Prime Rate or (ii) five percentage points (5.0%), which interest shall be payable monthly in accordance with Section 2.3(f) below.

(ii) Term Loan. Subject to Section 2.3(b), the principal amount outstanding under the Term Loan shall accrue
interest at a floating per annum rate equal to the greater of (i) one half of one percentage points (1.50%) above the Prime Rate or (ii) five and one half of one percentage points (5.50%), which interest shall be payable monthly.

2.2    Grant of a Security Interest in Borrowers Intellectual Property.Each Borrower
hereby grants Bank, to secure the payment and performance in full of all of the Obligations, a continuing security interest in, and pledges to Bank, its intellectual property, wherever located, whether now owned or hereafter acquired or arising, and
all proceeds and products thereof. Additionally, each Borrower hereby reaffirms its grant to Bank, to secure the payment and performance in full of all of the Obligations, of a continuing security interest in, and pledge to Bank, of the Collateral,
including, without limitation, the personal property added to Exhibit A by this Amendment.

2.3    Section 5.2 (Collateral). Section 5.2 is amended by adding the following paragraph immediately after the second paragraph as follows:

Each Borrower is the sole owner of its intellectual property, except for (a) non-exclusive licenses granted to its customers in the
ordinary course of business and (b) exclusive licenses granted to customers in the ordinary course of business. Each patent is valid and enforceable, and no part of the intellectual property has been judged invalid or unenforceable, in whole or
in part, and to the best of each Borrowers knowledge, no claim has been made that any part of the intellectual property violates the rights of any third party except to the extent such claim could not reasonably be expected to have a material
adverse effect on each Borrowers business.Except as noted on the Perfection Certificate, no Borrower is a party to, nor is bound by, any material license or other agreement with respect to which such Borrower is the licensee that
prohibits or otherwise restricts such Borrower from granting a security interest in such Borrowers interest in such license or agreement or any other property, or for which a default under or termination of could interfere with the Banks
right to sell any Collateral. Borrowers shall provide written notice to Bank within thirty (30) days of entering or becoming bound by any such license or agreement (other than over-the-counter software that is commercially available to the
public). Borrowers shall take such steps as Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (x) all such licenses or agreements to be deemed Collateral and for Bank to have a
security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such license or agreement, whether now existing or entered into in the future, and (y) Bank to have the ability in the event of a liquidation
of any Collateral to



2



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dispose of such Collateral in accordance with Banks rights and remedies under this Agreement and the other Loan Documents.

2.4    Section 6.7 (Financial Covenants). Section 6.7(c) is amended in its entirety and replaced with the
following:

(c) EBITDA. Maintain, measured as of the end of each fiscal quarter during the following periods, EBITDA
of at least the following:



|                                  |  |                     
|--------------------------------- |  | --------------------
|Period                            |  | Minimum EBITDA[****]
|Quarter ending December 31, 2008  |  | ($1,750,000)        
|Quarter ending March 31, 2009     |  | ($2,000,000)        
|Quarter ending June 30, 2009      |  | ($1,300,000)        
|Quarter ending September 30, 2009 |  | ($250,000)          
|Quarter ending December 31, 2009  |  | ($250,000)          
|Each quarter thereafter           |  | $1.00               

[****]

2.5    Section 7.1 (Dispositions). Section 7.1 is amended in its entirety and replaced with the following:

7.1    Dispositions.

Convey, sell, lease, transfer or otherwise dispose of (collectively, Transfer), or permit any of its Subsidiaries to
Transfer, all or any part of its business or property, except for Transfers (a) of Inventory in the ordinary course of business; (b) of worn-out or obsolete Equipment; (c) in connection with Permitted Liens and Permitted Investments;
(d) of non-exclusive licenses for the use of the property of any Borrower or any of its Subsidiaries in the ordinary course of business; and (e) of exclusive licenses for the use of the property of any Borrower or any of its Subsidiaries,
provided: (x) all such exclusive licenses are in the ordinary course of business and there is no Lien or security interest associated with the exclusive license, and (y) such arrangements do not operate to effect a legal transfer of title
of the licensed property.

2.6    Section 7.5 (Encumbrance). Section 7.5 is amended in its
entirety and replaced with the following:

7.5    Encumbrance.



3



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Create, incur, allow, or suffer any Lien on any of its property, or assign or convey any
right to receive income, including the sale of any Accounts, or permit any of its Subsidiaries to do so, except for Permitted Liens, permit any Collateral not to be subject to the first priority security interest granted herein.

2.7    Section 13 (Definitions).

(a) The following term and its definition is hereby added to Section 13.1:

IP Agreements means (i) that certain Intellectual Property Security Agreement executed and delivered by LII to
Bank dated as of December 31, 2008 and (ii) that certain Intellectual Property Security Agreement executed and delivered by LTI to Bank dated as of December 31, 2008.

(b) The following term and its definition set forth in Section 13.1 is hereby amended in its entirety and replaced with the
following:

Loan Documents are, collectively, this Agreement, the Perfection Certificate, the IP
Agreements, the Subordination Agreement, the Guaranties, any note, or notes executed by any Borrower and any other present or future agreement between any Borrower and/or for the benefit of Bank in connection with this Agreement, all as amended,
restated, or otherwise modified.

(c) Clause (h) of the definition of the term Permitted Liens in
Section 13.1 is hereby amended in its entirety and replaced with the following:

(h) non-exclusive license of
intellectual property granted to third parties in the ordinary course of business, or other licenses of intellectual property permitted under Section 7.1 of this Agreement;

2.8    Exhibit A.The Collateral described in Exhibit A of the Loan Agreement is replaced in its
entirety with the Collateral description attached hereto as Exhibit A.

2.9    Compliance
Certificate.The Compliance Certificate to the Loan Agreement is replaced in its entirety with Exhibit E attached hereto.

3.    Limitation of Amendments.

3.1    The amendments set
forth in Section 2, above, are effective for the purposes set forth herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any amendment, waiver or modification of any other term or condition
of any Loan Document, or (b) otherwise prejudice any right or remedy which Bank may now have or may have in the future under or in connection with any Loan Document.

3.2    This Amendment shall be construed in connection with and as part of the Loan Documents and all terms,
conditions, representations, warranties, covenants and agreements set forth in the Loan Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full force and effect.



4



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4.    Representations and Warranties. To induce Bank to enter into this
Amendment, each Borrower hereby represents and warrants to Bank as follows:

4.1    Immediately
after giving effect to this Amendment (a) the representations and warranties contained in the Loan Documents are true, accurate and complete in all material respects as of the date hereof (except to the extent such representations and
warranties relate to an earlier date, in which case they are true and correct as of such date), and (b) no Event of Default has occurred and is continuing;

4.2    Each Borrower has the power and authority to execute and deliver this Amendment and to perform its
obligations under the Loan Agreement, as amended by this Amendment;

4.3    The organizational
documents of each Borrower delivered to Bank on the Effective Date remain true, accurate and complete and have not been amended, supplemented or restated and are and continue to be in full force and effect;

4.4    The execution and delivery by each Borrower of this Amendment and the performance by each Borrower of
its obligations under the Loan Agreement, as amended by this Amendment, have been duly authorized;

4.5    The execution and delivery by each Borrower of this Amendment and the performance by each Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not contravene
(a) any law or regulation binding on or affecting each Borrower, (b) any contractual restriction with a Person binding on each Borrower, (c) any order, judgment or decree of any court or other governmental or public body or authority,
or subdivision thereof, binding on each Borrower, or (d) the organizational documents of each Borrower;

4.6    The execution and delivery by each Borrower of this Amendment and the performance by each Borrower of its obligations under the Loan Agreement, as amended by this Amendment, do not require any order,
consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by any governmental or public body or authority, or subdivision thereof, binding on each Borrower, except as already has been
obtained or made; and

4.7This Amendment has been duly executed and delivered by each
Borrower and is the binding obligation of each Borrower, enforceable against each Borrower in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or other similar
laws of general application and equitable principles relating to or affecting creditors rights.

5.    Counterparts. This Amendment may be executed in any number of counterparts and all of such counterparts taken together shall be deemed to constitute one and the same instrument.

6.    Effectiveness.This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this
Amendment by each party hereto, (b) Banks receipt of



5



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the Intellectual Property Security Agreement substantially in the form attached hereto as Schedule 1, duly executed and delivered by LII,
(c) Banks receipt of the Intellectual Property Security Agreement substantially in the form attached hereto as Schedule 2, duly executed and delivered by LTI, (d) the proper filing of a UCC amendment to financing statement adding
intellectual property to the Collateral with the State of Delaware, (e) Borrowers payment of a non-refundable amendment fee in an amount equal to Seven Thousand Five Hundred Dollars ($7,500), and (f) payment of Banks legal fees
and expenses in connection with the negotiation and preparation of this Amendment.

[Signature page follows.]



6



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IN WITNESS WHEREOF,the parties hereto have caused
this Amendment to be duly executed and delivered as of the date first written above.

BANK



|                    |  |                   
|------------------- |  | ------------------
|SILICON VALLEY BANK
|                    | 
|By:                 |  | /s/ Megan Scheltel
|Name:               |  | Megan Scheltel    
|Title:              |  | SVP               

BORROWERS



|                              |  |                                              
|----------------------------- |  | ---------------------------------------------
|LUNA INNOVATIONS INCORPORATED
|                              | 
|By:                           |  | /s/ Scott A. Graeff                          
|Name:                         |  | Scott A. Graeff                              
|Title:                        |  | Treasurer and Chief Commercialization Officer



|                        |  |                                              
|----------------------- |  | ---------------------------------------------
|LUNA TECHNOLOGIES, INC.
|                        | 
|By:                     |  | /s/ Scott A. Graeff                          
|Name:                   |  | Scott A. Graeff                              
|Title:                  |  | Treasurer and Chief Commercialization Officer

[Signature Page to First Amendment to Loan and Security Agreement]



7



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Schedule 1

Form of Intellectual Property Security Agreement (LII)

THIS INTELLECTUAL PROPERTY SECURITY
AGREEMENT is entered into as of December 31, 2008 by and between SILICON VALLEY BANK (Bank) and LUNA INNOVATIONS INCORPORATED, a Delaware corporation (Grantor).

RECITALS

A. Bank has made certain
advances of money and extended certain financial accommodation to Grantor (the Loans) in the amounts and manner set forth in that certain Loan and Security Agreement by and between Bank and Grantor dated May 22, 2008 (as the
same may be amended, modified or supplemented from time to time, the Loan Agreement; capitalized terms used herein are used as defined in the Loan Agreement). Bank is willing to enter into that certain First Amendment to Loan and
Security Agreement dated as of even date herewith by and between Bank and Grantor, but only upon the condition, among others, that Grantor shall grant to Bank a security interest in certain Copyrights, Trademarks, Patents, and Mask Works (as each
term is described below) to secure the obligations of Grantor under the Loan Agreement.

B. Pursuant to the terms of the Loan Agreement,
Grantor has granted to Bank a security interest in all of Grantors right, title and interest, whether presently existing or hereafter acquired, in, to and under all of the Collateral.

NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, and intending to be legally bound, as collateral security
for the prompt and complete payment when due of its obligations under the Loan Agreement, Grantor hereby represents, warrants, covenants and agrees as follows:

AGREEMENT

To secure its obligations under the Loan Agreement, Grantor grants and pledges to Bank a
security interest in all of Grantors right, title and interest in, to and under its intellectual property (all of which shall collectively be called the Intellectual Property Collateral), including, without limitation, the
following:

(a) Any and all copyright rights, copyright applications, copyright registrations and like protections in each work or
authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret, now or hereafter existing, created, acquired or held, including without limitation those set forth on Exhibit
A attached hereto (collectively, the Copyrights);



Schedule 1 Page 1



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(b) Any and all trade secrets, and any and all intellectual property rights in computer software and
computer software products now or hereafter existing, created, acquired or held;

(c) Any and all design rights that may be available to
Grantor now or hereafter existing, created, acquired or held;

(d) All patents, patent applications and like protections including, without
limitation, improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same, including without limitation the patents and patent applications set forth on Exhibit B attached hereto (collectively,
the Patents);

(e) Any trademark and servicemark rights, whether registered or not, applications to register and
registrations of the same and like protections, and the entire goodwill of the business of Grantor connected with and symbolized by such trademarks, including without limitation those set forth on Exhibit C attached hereto (collectively,
the Trademarks);

(f) All mask works or similar rights available for the protection of semiconductor chips, now owned or
hereafter acquired, including, without limitation those set forth on Exhibit D attached hereto (collectively, the Mask Works);

(g) Any and all claims for damages by way of past, present and future infringements of any of the rights included above, with the right, but not the obligation, to sue for and collect such damages for said use or
infringement of the intellectual property rights identified above;

(h) All licenses or other rights to use any of the Copyrights, Patents,
Trademarks, or Mask Works and all license fees and royalties arising from such use to the extent permitted by such license or rights;

(i)
All amendments, extensions, renewals and extensions of any of the Copyrights, Trademarks, Patents, or Mask Works; and

(j) All proceeds and
products of the foregoing, including without limitation all payments under insurance or any indemnity or warranty payable in respect of any of the foregoing.

This security interest is granted in conjunction with the security interest granted to Bank under the Loan Agreement. The rights and remedies of Bank with respect to the security interest granted hereby are in
addition to those set forth in the Loan Agreement and the other Loan Documents, and those which are now or hereafter available to Bank as a matter of law or equity. Each right, power and remedy of Bank provided for herein or in the Loan Agreement or
any of the Loan Documents, or now or hereafter existing at law or in equity shall be cumulative and concurrent and shall be in addition to every right, power or remedy provided for herein and the exercise by Bank of any one or more of the rights,
powers or remedies provided for in this Intellectual Property Security Agreement, the Loan Agreement or any of the other Loan



Schedule 1 Page 2



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Documents, or now or hereafter existing at law or in equity, shall not preclude the simultaneous or later exercise by any person, including Bank, of any or
all other rights, powers or remedies.

[Signature Page Follows.]



Schedule 1 Page 3



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IN WITNESS WHEREOF, the parties have caused this Intellectual Property Security Agreement to be duly
executed by its officers thereunto duly authorized as of the first date written above.



|                                                                         |  |  |  |                               |              |  |  | 
|------------------------------------------------------------------------ |  |  |  | ----------------------------- | ------------ |  |  | 
|                                                                         |  |  |  | GRANTOR:                     
|                                                                         |  | 
|Address of Grantor:                                                      |  |  |  | LUNA INNOVATIONS INCORPORATED
|                                                                         |  |  | 
|1 Riverside Circle, Suite 400 Roanoke, Virginia 24016 Attn: Fourd Kemper |  |  |  | By:                           |              | 
|                                                                         |  |  |  |                               | Name: Title:



|                                                                                                        |  |  |  |                     |              |  |  | 
|------------------------------------------------------------------------------------------------------- |  |  |  | ------------------- | ------------ |  |  | 
|                                                                                                        |  |  |  | BANK:              
|                                                                                                        |  | 
|Address of Bank:                                                                                        |  |  |  | SILICON VALLEY BANK
|                                                                                                        |  |  | 
|8020 Towers Crescent Drive, Suite 475 Vienna, Virginia 22182 Attn: Heather Parker, Relationship Manager |  |  |  | By:                 |              | 
|                                                                                                        |  |  |  |                     | Name: Title:



Schedule 1 Page 4



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EXHIBIT A

Copyrights



|            |  |                                |  |                              |  |                                   
|----------- |  | ------------------------------ |  | ---------------------------- |  | ----------------------------------
|Description |  | Registration/ApplicationNumber |  | Registration/ApplicationDate |  | Security Interest/Ownership Issues
|NONE        |  | N/A                            |  | N/A                          |  | N/A                               



Exhibit A Page 1



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EXHIBIT B

Patents



|                                                                                                                                               |  |                                                   |  |                  |  |                  |  |                                  
|---------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                                                                          |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|METHOD AND APPARATUS FOR ACOUSTICALLY WEIGHING MOVING LOADS                                                                                    |  | 7,454,972                                         |  | 11/25/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|IDENTIFYING OPTICAL FIBER SEGMENTS AND DETERMINING CHARACTERISTICS OF AN OPTICAL DEVICE UNDER TEST BASED ON FIBER SEGMENT SCATTER PATTERN DATA |  | 7,440,087                                         |  | 02/23/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|APPARATUS AND METHOD FOR THE COMPLETE CHARACTERIZATION OF OPTICAL DEVICES INCLUDING LOSS, BIREFRINGENCE AND DISPERSION EFFECTS                 |  | 7,042,573                                         |  | 11/18/2004       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|APPARATUS AND METHOD FOR CORRECTING ERRORS GENERATED BY A LASER WITH NON-IDEAL TUNING CHARACTERISTICS                                          |  | 6,900,897                                         |  | 04/01/2004       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|IDENTIFYING OPTICAL FIBER SEGMENTS AND DETERMINING CHARACTERISTICS OF AN OPTICAL DEVICE UNDER TEST BASED ON FIBER SEGMENT SCATTER PATTERN DATA |  | 7,440,087                                         |  | 10/21/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|FLAME-RETARDANT SYNTHETIC TEXTILE ARTICLES AND METHODS OF MAKING THE SAME                                                                      |  | 7,423,079                                         |  | 09/09/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|DYNAMIC ACOUSTIC THERMOMETER                                                                                                                   |  | 7,404,671                                         |  | 07/29/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|HETERODYNE OPTICAL SPECTRUM ANALYZER                                                                                                           |  | 7,388,673                                         |  | 06/17/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|POLARIZATION DIVERSITY DETECTION WITHOUT A POLARIZING BEAM SPLITTER                                                                            |  | 7,379,168                                         |  | 05/27/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                               |  |                                                   |  |                 
|CALCULATION OF BIREFRINGENCE IN A WAVEGUIDE BASED ON RAYLEIGH SCATTER                                                                          |  | 7,330,245                                         |  | 02/12/2008       |  | Luna Innovations |  |                                  



Exhibit B Page 1



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|                                                                                                                                                |  |                                                   |  |                  |  |                  |  |                                  
|----------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                                                                           |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|FLAME-RETARDANT SYNTHETIC RESIN ARTICLES CONTAINING FLAME-RETARDANT SUPERABSORBENT POLYMER (SAP) PARTICLES                                      |  | 7,329,461                                         |  | 02/12/2008       |  | LunaInnovations* |  | *Divsional of7001942             
|                                                                                                                                                |  |                                                   |  |                 
|ACOUSTIC CONCEALED ITEM DETECTOR                                                                                                                |  | 7,319,639                                         |  | 01/15/2008       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|OPTICAL DEVICE FOR MEASURING OPTICAL PROPERTIES OF A SAMPLE AND METHOD RELATING THERETO                                                         |  | 7,209,223                                         |  | 04/24/2007       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|COMPOSITE STRUCTURES, SUCH AS COATED WIRING ASSEMBLIES, HAVING INTEGRAL FIBER OPTIC-BASED CONDITION DETECTORS AND SYSTEMS WHICH EMPLOY THE SAME |  | 7,154,081                                         |  | 12/26/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|METHOD AND APPARATUS FOR DETERMINING AND ASSESSING A CHARACTERISTIC OF A MATERIAL                                                               |  | 7,082,833                                         |  | 08/01/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|TUNABLE DIELECTRIC DEVICE AND PROCESS RELATING THERETO                                                                                          |  | 7,060,636                                         |  | 06/13/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|APPARATUS AND METHOD FOR THE COMPLETE CHARACTERIZATION OF OPTICAL DEVICES INCLUDING LOSS, BIREFRINGENCE AND DISPERSION EFFECTS                  |  | 7,042,573                                         |  | 05/09/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|CONTAMINATION-RESISTANT COATED SUBSTRATES                                                                                                       |  | 7,018,709                                         |  | 03/28/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|BOND TESTING SYSTEM, METHOD, AND APPARATUS                                                                                                      |  | 7,017,422                                         |  | 03/28/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|BIOSENSORS HAVING ENHANCED ENVIRONMENTAL SENSITIVITY                                                                                            |  | 7,010,182                                         |  | 03/07/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                                |  |                                                   |  |                 
|FLAME RETARDANT THERMOSET RESINS AND METHODS OF MAKING THE SAME                                                                                 |  | 7,001,942                                         |  | 02/21/2006       |  | Luna Innovations |  |                                  



Exhibit B Page 2



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|                                                                                                                               |  |                                                   |  |                  |  |                                                       |  |                                  
|------------------------------------------------------------------------------------------------------------------------------ |  | ------------------------------------------------- |  | ---------------- |  | ----------------------------------------------------- |  | ---------------------------------
|Title                                                                                                                          |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee                                        |  | Security Interest/OwnershipIssues
|FIBER-OPTIC FLOW CELL AND METHOD RELATING THERETO                                                                              |  | 6,987,897                                         |  | 01/17/2006       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|DEVICES, SYSTEMS, AND METHODS FOR SENSING MOISTURE                                                                             |  | 6,965,708                                         |  | 11/15/2005       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|APPARATUS AND METHOD FOR CORRECTING ERRORS GENERATED BY A LASER WITH NON-IDEAL TUNING CHARACTERISTICS                          |  | 6,900,897                                         |  | 05/31/2005       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|FIBER-OPTIC APPARATUS AND METHOD FOR MAKING SIMULTANEOUS MULTIPLE PARAMETER MEASUREMENTS                                       |  | 6,898,337                                         |  | 05/24/2005       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|APPARATUS AND METHOD FOR THE COMPLETE CHARACTERIZATION OF OPTICAL DEVICES INCLUDING LOSS, BIREFRINGENCE AND DISPERSION EFFECTS |  | 6,856,400                                         |  | 02/15/2005       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|INTERFEROMETRIC SENSORS UTILIZING BULK SENSING MEDIUMS EXTRINSIC TO THE INPUT/OUTPUT OPTICAL FIBER                             |  | 6,671,055                                         |  | 12/30/2003       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|FIBER OPTIC SYSTEM                                                                                                             |  | 6,571,639                                         |  | 06/03/2003       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|IMAGING AND TREATMENT METHOD FOR BODY                                                                                          |  | 6,471,942                                         |  | 10/29/2002       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|FLEXIBLE FIBER OPTIC MICROBEND DEVICE, WITH INTERLOCKING FLEXIBLE FIBERS, SENSORS, AND METHOD USE                              |  | 6,429,421                                         |  | 08/06/2002       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|FIBER OPTIC WALL SHEAR STRESS SENSOR                                                                                           |  | 6,426,796                                         |  | 07/30/2002       |  | Luna Innovations& Virginia TechIntellectualProperties |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|OPTICAL WAVEGUIDE SENSORS HAVING HIGH REFRACTIVE INDEX SENSITIVITY                                                             |  | 6,366,722                                         |  | 04/02/2002       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|OPTICAL SENSOR ARRANGEMENT                                                                                                     |  | 6,343,168                                         |  | 01/29/2002       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|EXTRINISIC OPTICAL WAVEGUIDE SENSORS                                                                                           |  | 6,341,185                                         |  | 01/22/2002       |  | Luna Innovations                                      |  |                                  
|                                                                                                                               |  |                                                   |  |                 
|SINGLE-ENDED LONG PERIOD GRATING OPTICAL DEVICE                                                                                |  | 6,275,628                                         |  | 08/14/2001       |  | Luna Innovations                                      |  |                                  



Exhibit B Page 3



---

|                                                                                         |  |                                                   |  |                  |  |                                      |  |                                  
|---------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | ------------------------------------ |  | ---------------------------------
|Title                                                                                    |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee                       |  | Security Interest/OwnershipIssues
|NON-LITHOGRAPHIC PROCESS FOR PRODUCING NANOSCALE FEATURES ON A SUBSTRATE                 |  | 6,270,946                                         |  | 08/07/2001       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|OPTICAL FIBER HOLDER                                                                     |  | 6,215,943                                         |  | 04/10/2001       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|PROCESS FOR PREPARING AN OPTICAL FIBER SENSOR WITH ENHANCED SENSITIVITY                  |  | 6,035,082                                         |  | 03/07/2000       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|OPTICAL SENSOR ACTIVATION DEVICE                                                         |  | 6,021,240                                         |  | 02/01/2000       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|OPTICAL FIBER LONG PERIOD SENSOR HAVING A REACTIVE COATING                               |  | 5,864,641                                         |  | 01/26/1999       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|OPTICAL WAVEGUIDE SENSOR ARRANGEMENT HAVING GUIDED MODES-NO GUIDED MODES GRATING COUPLER |  | 5,641,956                                         |  | 06/24/1997       |  | Luna Innovations& LucentTechnologies |  |                                  
|                                                                                         |  |                                                   |  |                 
|METHOD AND APPARATUS FOR THE NON-INVASIVE DETECTION AND CLASSIFICATION OF EMBOLI         |  | 5,441,051                                         |  | 08/15/1995       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|METHOD AND APPARATUS FOR CLASSIFYING GASEOUS AND NON-GASEOUS OBJECTS                     |  | 12/053,289                                        |  | 03/21/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|LIPOSOME CARRIERS FOR IN VIVO DELIVERY OF FULLERENES                                     |  | 12/073,232                                        |  | 03/03/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|STEROID DERIVATIVES OF FULLERENES                                                        |  | 12/073,231                                        |  | 03/03/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|AMPHIPHILIC OR LIPOPHILIC POLAR FUNCTIONALIZED FULLERENES AND THEIR USES                 |  | 12/073,230                                        |  | 03/03/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|METHOD AND APPARATUS FOR CLASSIFYING GASEOUS AND NON-GASEOUS OBJECTS                     |  | 12/053,289                                        |  | 03/21/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|FIBER OPTIC POSITION AND/OR SHAPE SENSING BASED ON RAYLEIGH SCATTER                      |  | 12/047,056                                        |  | 03/12/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|WIRELESS CORROSION SENSOR                                                                |  | 12/027,850                                        |  | 02/07/2008       |  | Luna Innovations                     |  |                                  
|                                                                                         |  |                                                   |  |                 
|SENSORS, METHODS AND SYSTEMS FOR DETERMINING PHYSICAL EFFECTS OF A FLUID                 |  | 11/987,411                                        |  | 11/29/2007       |  | Luna Innovations                     |  |                                  



Exhibit B Page 4



---

|                                                                                                                |  |                                                   |  |                  |  |                  |  |                                  
|--------------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                                           |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|DISTRIBUTED STRAIN AND TEMPERATURE DISCRIMINATION IN POLARIZATION MAINTAINING FIBER                             |  | 11/808,260                                        |  | 06/07/2007       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|DIGITAL PULSED PHASE LOCKED LOOP                                                                                |  | 11/806,475                                        |  | 05/31/2007       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|ULTRASONIC MATERIAL MONITOR FOR DETERMINING A CHARACTERISTIC OF THE MATERIAL                                    |  | 11/782,229                                        |  | 07/24/2007       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|HIGH RESOLUTION INTERFEROMETRIC OPTICAL FREQUENCY DOMAIN REFLECTOMETRY (OFDR) BEYOND THE LASER COHERENCE LENGTH |  | 11/779,527                                        |  | 07/18/2007       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|METHOD AND APPARATUS FOR CALIBRATING AN ULTRASONIC SENSING SYSTEM USED TO DETECT MOVING OBJECTS                 |  | 11/651,105                                        |  | 01/09/2007       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|DEMODULATION METHOD AND APPARATUS FOR FIBER OPTIC SENSORS                                                       |  | 11/639,419                                        |  | 12/15/2006       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|FIBER OPTIC POSITION AND SHAPE SENSING DEVICE AND METHOD RELATING THERETO                                       |  | 11/535,438                                        |  | 09/26/2006       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|ULTRASONIC METHOD TO DETERMINE BONE PARAMETERS                                                                  |  | 11/429,455                                        |  | 05/04/2006       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|CHEMICAL SEPARATION METHOD FOR FULLERENES                                                                       |  | 11/322,233                                        |  | 01/03/2006       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|METHOD FOR DETECTING DAMAGE                                                                                     |  | 11/278,045                                        |  | 03/30/2006       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|PURE-CHIRALITY CARBON NANOTUBES AND METHODS                                                                     |  | 11/274,097                                        |  | 11/16/2005       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|OPTICAL DEVICE FOR MEASURING OPTICAL PROPERTIES OF A SAMPLE AND METHOD RELATING THERETO                         |  | 11/272,624                                        |  | 11/14/2005       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|FIBER OPTIC POSITION AND SHAPE SENSING DEVICE AND METHOD RELATING THERETO                                       |  | 11/180,389                                        |  | 07/13/2005       |  | Luna Innovations |  |                                  
|                                                                                                                |  |                                                   |  |                 
|FIBER-OPTIC FLOW CELL AND METHOD RELATING THERETO (ABANDONED)                                                   |  | 10/940,256                                        |  | 09/14/2004       |  | Luna Innovations |  |                                  



Exhibit B Page 5



---

|                                                                                                                                                           |  |                                                   |  |                  |  |                                                           |  |                                                                       
|---------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | --------------------------------------------------------- |  | ----------------------------------------------------------------------
|Title                                                                                                                                                      |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee                                            |  | Security Interest/Ownership Issues                                    
|NANO-METAL COMPOSITE MADE BY DEPOSITION FROM COLLOIDAL SUSPENSIONS                                                                                         |  | 10/941,014                                        |  | 09/15/2004       |  | Luna Innovations& Virginia TechIntellectualProperties     |  |                                                                       
|                                                                                                                                                           |  |                                                   |  |                 
|METHOD AND APPARATUS FOR DETERMINING AND ASSESSING A CHARACTERISTIC OF A MATERIAL                                                                          |  | 10/860,636                                        |  | 06/04/2004       |  | Luna Innovations                                          |  |                                                                       
|                                                                                                                                                           |  |                                                   |  |                 
|REMOTE TEMPERATURE SENSING OF SMALL VOLUME AND RELATED APPARATUS THEREOF                                                                                   |  | 2004/0131504                                      |  | 09/17/2003       |  | Luna Innovations& University ofVirginia PatentFoundation  |  |                                                                       
|                                                                                                                                                           |  |                                                   |  |                 
|PEGYLATION AND HYDROXYLATION OF TRIMETALLIC NITRIDE ENDOHEDRAL METALLOFULLERENES                                                                           |  | 2008/594,432                                      |  | 03/25/2005       |  | LunaInnovations*                                          |  | * Assignmentinfo unavailableon USPTOwebsite, butinternal docsavailable
|                                                                                                                                                           |  |                                                   |  |                 
|PHOTOVOLTAIC DEVICE WITH TRIMETASPHERES                                                                                                                    |  | 10/594,073                                        |  | 03/25/2005       |  | Luna Innovations                                          |  | * Assignmentinfo unavailableon USPTOwebsite, butinternal docsavailable
|                                                                                                                                                           |  |                                                   |  |                 
|TRIMETASPHERES FOR ION SELECTIVE MEMBRANES                                                                                                                 |  | 10/594,028                                        |  | 03/25/2005       |  | Luna Innovations                                          |  | * Assignmentinfo unavailableon USPTOwebsite, butinternal docsavailable
|                                                                                                                                                           |  |                                                   |  |                 
|TRIMETASPHERES AS DRY LUBRICANTS, WET LUBRICANTS, LUBRICANT ADDITIVES, LUBRICANT COATINGS, CORROSION-RESISTANT COATINGS AND THERMALLY-CONDUCTIVE MATERIALS |  | 10/594,027                                        |  | 03/25/2005       |  | Luna Innovations                                          |  | * Assignmentinfo unavailableon USPTOwebsite, butinternal docsavailable
|                                                                                                                                                           |  |                                                   |  |                 
|PROCESS AND SYSTEMS FOR THE EFFICIENT PRODUCTION OF POLYMERIC MICROSPHERES                                                                                 |  | 10/590,454                                        |  | 08/24/2006       |  | Luna Innovations                                          |  |                                                                       
|                                                                                                                                                           |  |                                                   |  |                 
|METHOD AND APPARATUS FOR CALIBRATING MEASUREMENT EQUIPMENT                                                                                                 |  | 10/570,257                                        |  | 12/11/2006       |  | Luna Innovations                                          |  |                                                                       
|                                                                                                                                                           |  |                                                   |  |                 
|MICROSENSOR FOR PHYSIOLOGICAL PRESSURE MEASUREMENT                                                                                                         |  | 10/132,894                                        |  | 04/25/2002       |  | Luna Innovations& MayoFoundation forEducation
andResearch |  |                                                                       



Exhibit B Page 6



---

|                                                                                                                 |  |                                                     |  |                  |  |                  |  |                                  
|---------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                                            |  | Patent/PatentApplication Number(Publication Number) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|METHOD AND APPARATUS FOR ACOUSTICALLY ENHANCED REMOVAL OF BUBBLES FROM A FLUID                                   |  | PCT/US2008/006826                                   |  | 05/30/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|METHOD AND APPARATUS FOR CLASSIFYING GASEOUS AND NON-GASEOUS OBJECTS                                             |  | PCT/US2008/003732                                   |  | 03/21/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|FIBER OPTIC POSITION AND/OR SHAPE SENSING BASED ON RAYLEIGH SCATTER                                              |  | PCT/US2008/003236                                   |  | 03/12/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|STEROID DERIVATIVES OF FULLERENES                                                                                |  | PCT/US2008/002791                                   |  | 03/03/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|AMPHIPHILIC OR LIPOPHILIC POLAR FUNCTIONALIZED FULLERENES AND THEIR USES                                         |  | PCT/US2008/002790                                   |  | 03/03/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|LIPOSOME CARRIERS FOR IN VIVO DELIVERY OF FULLERENES                                                             |  | PCT/US2008/002789                                   |  | 03/03/2008       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|ULTRASONIC MATERIAL MONITOR FOR DETERMINING A CHARACTERISTIC OF THE MATERIAL                                     |  | PCT/US2007/016625                                   |  | 07/25/2007       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|HARDWARE-FACILITATED SECURE SOFTWARE EXECUTION ENVIRONMENT                                                       |  | PCT/US2007/004232                                   |  | 02/20/2007       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|METHOD AND APPARATUS FOR CALIBRATING AN ULTRASONIC SENSING SYSTEM USED TO DETECT MOVING OBJECTS                  |  | PCT/US2007/000304                                   |  | 01/09/2007       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|ADDITIVE PARTICLES HAVING SUPERHYDROPHOBIC CHARACTERISTICS AND COATINGS AND METHODS OF MAKING AND USING THE SAME |  | PCT/US2006/031035                                   |  | 08/09/2006       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|HIGH RESOLUTION INTERFEROMETRIC OPTICAL FREQUENCY DOMAIN REFLECTOMETRY (OFDR) BEYOND THE LASER COHERENCE LENGTH  |  | PCT/US2007/016230                                   |  | 07/18/2007       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|DISTRIBUTED STRAIN AND TEMPERATURE DISCRIMINATION IN POLARIZATION MAINTAINING FIBER                              |  | PCT/US2007/013471                                   |  | 06/07/2007       |  | Luna Innovations |  |                                  
|                                                                                                                 |  |                                                     |  |                 
|DIGITAL PULSED PHASE LOCKED LOOP                                                                                 |  | PCT/US2007/012833                                   |  | 05/31/2007       |  | Luna Innovations |  |                                  



Exhibit B Page 7



---

|                                                                                                                                             |  |                                                     |  |                  |  |                  |  |                                  
|-------------------------------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                                                                        |  | Patent/PatentApplication Number(Publication Number) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|DEMODULATION METHOD AND APPARATUS FOR FIBER OPTIC SENSORS                                                                                    |  | PCT/US2006/047719                                   |  | 12/15/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|SELF-DECONTAMINATING SURFACE COATINGS AND ARTICLES PREPARED THEREFROM                                                                        |  | PCT/US2006/039676                                   |  | 10/11/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|PURE-CHIRALITY CARBON NANOTUBES AND METHODS                                                                                                  |  | PCT/US2005/041829                                   |  | 11/17/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|ULTRASONIC METHOD TO DETERMINE BONE PARAMETERS                                                                                               |  | PCT/US2006/017858                                   |  | 05/04/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|METHOD AND APPARATUS FOR ENHANCING THE DETECTING AND TRACKING OF MOVING OBJECTS USING ULTRASOUND                                             |  | PCT/US2006/017654                                   |  | 05/08/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|METHOD FOR DETECTING DAMAGE                                                                                                                  |  | PCT/US2006/011633                                   |  | 03/30/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|DYNAMIC ACOUSTIC THERMOMETER                                                                                                                 |  | PCT/US2006/009624                                   |  | 03/10/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|CALCULATION OF BIREFRINGENCE IN A WAVEGUIDE BASED ON RAYLEIGH SCATTER                                                                        |  | PCT/US2006/008438                                   |  | 03/09/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|CHEMICAL SEPARATION METHOD FOR FULLERENES                                                                                                    |  | PCT/US2006/000047                                   |  | 01/03/2006       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|COMPENSATING FOR TIME VARYING PHASE CHANGES IN INTERFEROMETRIC MEASUREMENTS                                                                  |  | PCT/US2005/045002                                   |  | 12/13/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|ACOUSTIC CONCEALED ITEM DETECTOR                                                                                                             |  | PCT/US2005/037322                                   |  | 10/18/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|OPTICAL DEVICE FOR MEASURING OPTICAL PROPERTIES OF A SAMPLE AND METHOD RELATING THERETO                                                      |  | PCT/US2005/040796                                   |  | 11/14/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|A(3-n)XnN@C80 ENDOHEDRAL METALLOFULLERENES AS LUBRICANT OF ADDITIVE, CORROSION-RESISTANT COATING, AND THERMALLY-CONDUCTIVE MATERIALS. |  | PCT/US2005/010217                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                                                                             |  |                                                     |  |                 
|TRIMETASPHERES FOR ION SELECTIVE MEMBRANES                                                                                                   |  | PCT/US2005/010215                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  



Exhibit B Page 8



---

|                                                                                         |  |                                                     |  |                  |  |                  |  |                                  
|---------------------------------------------------------------------------------------- |  | --------------------------------------------------- |  | ---------------- |  | ---------------- |  | ---------------------------------
|Title                                                                                    |  | Patent/PatentApplication Number(Publication Number) |  | Issue/FilingDate |  | Owner/Assignee   |  | Security Interest/OwnershipIssues
|PHOTOVOLTAIC DEVICE WITH TRIMETASPHERES                                                  |  | PCT/US2005/010214                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|BONDING TESTING SYSTEM, METHOD, AND APPARATUS                                            |  | PCT/US2005/010445                                   |  | 03/28/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|POLYHYDROXY HYDROGENSULFATED TRIMETALLIC NITRIDE ENDOHEDRAL METALLOFULLERENES            |  | PCT/US2005/010220                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|PEGYLATION AND HYDROXYLATION OF TRIMETALLIC NITRIDE ENDOHEDRAL METALLOFULLERENES         |  | PCT/US2005/010219                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|METHOD OF MAKING MULTIPLE CARBONACEOUS NANOMATERIALS                                     |  | PCT/US2005/010218                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|OPTICAL LIMITER HAVING TRIMETALLIC NITRIDE ENDOHEDRAL METALLOFULLERENE FILMS             |  | PCT/US2005/010216                                   |  | 03/25/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|PROCESS AND SYSTEMS FOR THE EFFICIENT PRODUCTION OF POLYMERIC MICROSPHERES               |  | PCT/US2005/005617                                   |  | 02/23/2005       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|TUNABLE DIELECTRIC DEVICE AND PROCESS RELATING THERETO                                   |  | PCT/US2004/033022                                   |  | 10/07/2004       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|METHOD AND APPARATUS FOR ASSESSING A MATERIAL                                            |  | PCT/US2004/017964                                   |  | 06/04/2004       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|FLAME RETARDANT THERMOSET RESINS AND METHODS OF MAKING THE SAME                          |  | PCT/US2004/012657                                   |  | 04/22/2004       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|FIBER-OPTIC APPARATUS AND METHOD FOR MAKING SIMULTANEOUS MULTIPLE PARAMETER MEASUREMENTS |  | PCT/US2004/008568                                   |  | 03/19/2004       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|FIBER-OPTIC FLOW CELL AND METHOD RELATING THERETO                                        |  | PCT/US2003/034187                                   |  | 10/28/2003       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|REMOTE TEMPERATURE SENSING OF SMALL VOLUME AND RELATED APPARATUS THEREOF                 |  | PCT/US2003/029249                                   |  | 09/17/2003       |  | Luna Innovations |  |                                  
|                                                                                         |  |                                                     |  |                 
|BIOSENSORS HAVING ENHANCED ENVIRONMENTAL SENSITIVITY                                     |  | PCT/US2003/017243                                   |  | 06/02/2003       |  | Luna Innovations |  |                                  



Exhibit B Page 9



---

EXHIBIT C

Trademarks



|                                                |  |                                |  |                              |  |                                   
|----------------------------------------------- |  | ------------------------------ |  | ---------------------------- |  | ----------------------------------
|Description                                     |  | Registration/ApplicationNumber |  | Registration/ApplicationDate |  | Security Interest/Ownership Issues
|EDAC (Registered)                               |  | 3,352,839                      |  | 12/11/2007                   |  |                                   
|                                                |  |                                | 
|EN-TACT (Registered)                            |  | 3,321,824                      |  | 10/23/2007                   |  |                                   
|                                                |  |                                | 
|TRIMETASPHERES (Registered)                     |  | 3,230,571                      |  | 04/17/2007                   |  |                                   
|                                                |  |                                | 
|DESIGN ONLY (Registered)                        |  | 3,093,823                      |  | 05/16/2006                   |  |                                   
|                                                |  |                                | 
|LUNA INNOVATIONS (Registered)                   |  | 2,771,969                      |  | 10/07/2003                   |  |                                   
|                                                |  |                                | 
|THE AMANUET ARCHITECTURE (Abandoned)            |  | 78/809,884                     |  | 02/08/2006                   |  |                                   
|                                                |  |                                | 
|SECURING SILICON AND SOFTWARE (Abandoned)       |  | 78/809,869                     |  | 02/08/2006                   |  |                                   
|                                                |  |                                | 
|AMANUET (Pending)                               |  | 78/809,842                     |  | 02/08/2006                   |  |                                   
|                                                |  |                                | 
|APHROTROPHIN (Abandoned)                        |  | 78/802,376                     |  | 01/30/2006                   |  |                                   
|                                                |  |                                | 
|ACCELERATING THE INNOVATION PROCESS (Abandoned) |  | 78/570,779                     |  | 02/18/2005                   |  |                                   



Exhibit C Page 1



---

EXHIBIT D

Mask Works



|            |  |                                |  |                             
|----------- |  | ------------------------------ |  | ----------------------------
|Description |  | Registration/ApplicationNumber |  | Registration/ApplicationDate
|NONE        |  | N/A                            |  | N/A                         



Exhibit D Page 1



---

Schedule 2

Form of Intellectual Property Security Agreement (LTI)

THIS INTELLECTUAL PROPERTY SECURITY
AGREEMENT is entered into as of December 31, 2008 by and between SILICON VALLEY BANK (Bank) and LUNA TECHNOLOGIES, INC., a Delaware corporation (Grantor).

RECITALS

A. Bank has made certain
advances of money and extended certain financial accommodation to Grantor (the Loans) in the amounts and manner set forth in that certain Loan and Security Agreement by and between Bank and Grantor dated May 22, 2008 (as the
same may be amended, modified or supplemented from time to time, the Loan Agreement; capitalized terms used herein are used as defined in the Loan Agreement). Bank is willing to enter into that certain First Amendment to Loan and
Security Agreement dated as of even date herewith by and between Bank and Grantor, but only upon the condition, among others, that Grantor shall grant to Bank a security interest in certain Copyrights, Trademarks, Patents, and Mask Works (as each
term is described below) to secure the obligations of Grantor under the Loan Agreement.

B. Pursuant to the terms of the Loan Agreement,
Grantor has granted to Bank a security interest in all of Grantors right, title and interest, whether presently existing or hereafter acquired, in, to and under all of the Collateral.

NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, and intending to be legally bound, as collateral security
for the prompt and complete payment when due of its obligations under the Loan Agreement, Grantor hereby represents, warrants, covenants and agrees as follows:

AGREEMENT

To secure its obligations under the Loan Agreement, Grantor grants and pledges to Bank a
security interest in all of Grantors right, title and interest in, to and under its intellectual property (all of which shall collectively be called the Intellectual Property Collateral), including, without limitation, the
following:

(a) Any and all copyright rights, copyright applications, copyright registrations and like protections in each work or
authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret, now or hereafter existing, created, acquired or held, including without limitation those set forth on Exhibit
A attached hereto (collectively, the Copyrights);



Schedule 2 Page 1



---

(b) Any and all trade secrets, and any and all intellectual property rights in computer software and
computer software products now or hereafter existing, created, acquired or held;

(c) Any and all design rights that may be available to
Grantor now or hereafter existing, created, acquired or held;

(d) All patents, patent applications and like protections including, without
limitation, improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same, including without limitation the patents and patent applications set forth on Exhibit B attached hereto (collectively,
the Patents);

(e) Any trademark and servicemark rights, whether registered or not, applications to register and
registrations of the same and like protections, and the entire goodwill of the business of Grantor connected with and symbolized by such trademarks, including without limitation those set forth on Exhibit C attached hereto (collectively,
the Trademarks);

(f) All mask works or similar rights available for the protection of semiconductor chips, now owned or
hereafter acquired, including, without limitation those set forth on Exhibit D attached hereto (collectively, the Mask Works);

(g) Any and all claims for damages by way of past, present and future infringements of any of the rights included above, with the right, but not the obligation, to sue for and collect such damages for said use or
infringement of the intellectual property rights identified above;

(h) All licenses or other rights to use any of the Copyrights, Patents,
Trademarks, or Mask Works and all license fees and royalties arising from such use to the extent permitted by such license or rights;

(i)
All amendments, extensions, renewals and extensions of any of the Copyrights, Trademarks, Patents, or Mask Works; and

(j) All proceeds and
products of the foregoing, including without limitation all payments under insurance or any indemnity or warranty payable in respect of any of the foregoing.

This security interest is granted in conjunction with the security interest granted to Bank under the Loan Agreement. The rights and remedies of Bank with respect to the security interest granted hereby are in
addition to those set forth in the Loan Agreement and the other Loan Documents, and those which are now or hereafter available to Bank as a matter of law or equity. Each right, power and remedy of Bank provided for herein or in the Loan Agreement or
any of the Loan Documents, or now or hereafter existing at law or in equity shall be cumulative and concurrent and shall be in addition to every right, power or remedy provided for herein and the exercise by Bank of any one or more of the rights,
powers or remedies provided for in this Intellectual Property Security Agreement, the Loan Agreement or any of the other Loan



Schedule 2 Page 2



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Documents, or now or hereafter existing at law or in equity, shall not preclude the simultaneous or later exercise by any person, including Bank, of any or
all other rights, powers or remedies.

[Signature Page Follows.]



Schedule 2 Page 3



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IN WITNESS WHEREOF, the parties have caused this Intellectual Property Security Agreement to be duly
executed by its officers thereunto duly authorized as of the first date written above.



| |  |                                                                   |  |          |  |                         |  |             
| |  | ----------------------------------------------------------------- |  | -------- |  | ----------------------- |  | ------------
| |  |                                                                   |  | GRANTOR:
| |  |                                                                   | 
| |  | Address of Grantor:                                               |  |          |  | LUNA TECHNOLOGIES, INC.
| |  |                                                                   |  |         
| |  | 1 Riverside Circle, Suite 400                                     |  |          |  | By:                     |  |             
| |  | Roanoke, Virginia 24016 Attn: Fourd
Kemper                        |  |          |  |                         |  | Name: Title:
| |  |                                                                  
| |  |                                                                   |  | BANK:   
| |  |                                                                   | 
| |  | Address of Bank:                                                  |  |          |  | SILICON VALLEY BANK    
| |  |                                                                   |  |         
| |  | 8020 Towers Crescent Drive, Suite 475                             |  |          |  | By:                     |  |             
| |  | Vienna, Virginia 22182 Attn: Heather Parker,
Relationship Manager |  |          |  |                         |  | Name: Title:



Schedule 2 Page 4



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EXHIBIT A

Copyrights



|            |  |                                  |  |                                |  |                                    
|----------- |  | -------------------------------- |  | ------------------------------ |  | -----------------------------------
|Description |  | Registration/ Application Number |  | Registration/ Application Date |  | Security Interest/ Ownership Issues
|NONE        |  | N/A                              |  | N/A                            |  | N/A                                



Exhibit A Page 1



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EXHIBIT B

Patents



|                                                                                                      |  |                                                   |  |                  |  |                   |  |                                  
|----------------------------------------------------------------------------------------------------- |  | ------------------------------------------------- |  | ---------------- |  | ----------------- |  | ---------------------------------
|Title                                                                                                 |  | Patent/PatentApplicationNumber(PublicationNumber) |  | Issue/FilingDate |  | Owner/Assignee    |  | Security Interest/OwnershipIssues
|BICYCLE STORAGE ELEVATOR                                                                              |  | 6,729,478                                         |  | 05/04/2004       |  | Luna Technologies |  |                                  
|                                                                                                      |  |                                                   |  |                 
|METHOD AND APPARATUS FOR CALIBRATING MEASUREMENT EQUIPMENT                                            |  | PCT/US2004/028273                                 |  | 09/01/2004       |  | Luna Technologies |  |                                  
|                                                                                                      |  |                                                   |  |                 
|APPARATUS AND METHOD FOR CORRECTING ERRORS GENERATED BY A LASER WITH NON-IDEAL TUNING CHARACTERISTICS |  | PCT/US2004/009991                                 |  | 04/01/2004       |  | Luna Technologies |  |                                  
|                                                                                                      |  |                                                   |  |                 
|HETERODYNE OPTICAL SPECTRUM ANALYZER                                                                  |  | PCT/US2003/021337                                 |  | 07/08/2003       |  | Luna Technologies |  |                                  
|                                                                                                      |  |                                                   |  |                 
|POLARIZATION DIVERSITY DETECTION WITHOUT A POLARIZING BEAM SPLITTER                                   |  | PCT/US2003/021336                                 |  | 07/08/2003       |  | Luna Technologies |  |                                  
|                                                                                                      |  |                                                   |  |                 
|PHOTOLUMINESCENT LIGHT EMITTER WITH ENHANCED PHOTOMETRIC BRIGHTNESS CHARACTERISTICS                   |  | PCT/IB1998/002113                                 |  | 11/25/1998       |  | Luna Technologies |  |                                  



Exhibit B Page 1



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EXHIBIT C

Trademarks



|                                  |  |                                |  |                              |  |                                   
|--------------------------------- |  | ------------------------------ |  | ---------------------------- |  | ----------------------------------
|Description                       |  | Registration/ApplicationNumber |  | Registration/ApplicationDate |  | Security Interest/Ownership Issues
|OPTICAL COMPONENT DNA (Abandoned) |  | 76/363,677                     |  | 01/29/2002                   |  |                                   



Exhibit C Page 1



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EXHIBIT D

Mask Works



|            |  |                                |  |                             
|----------- |  | ------------------------------ |  | ----------------------------
|Description |  | Registration/ApplicationNumber |  | Registration/ApplicationDate
|NONE        |  | N/A                            |  | N/A                         



Exhibit D Page 1



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EXHIBIT A

The Collateral consists of all of Borrowers right, title and interest in and to the following personal property:

All goods, Accounts (including health-care receivables), Equipment, Inventory, contract rights or rights to payment of money, leases, license agreements, franchise agreements, General Intangibles, commercial tort
claims, documents, instruments (including any promissory notes), chattel paper (whether tangible or electronic), cash, deposit accounts, fixtures, letters of credit rights (whether or not the letter of credit is evidenced by a writing), securities,
and all other investment property, supporting obligations, and financial assets, whether now owned or hereafter acquired, wherever located; and

All Borrowers Books relating to the foregoing, and any and all claims, rights and interests in any of the above and all substitutions for, additions, attachments, accessories, accessions and improvements to and replacements, products,
proceeds and insurance proceeds of any or all of the foregoing.



Exhibit A Page 1



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EXHIBIT E

COMPLIANCE CERTIFICATE



|                                  |  |  |  |      
|--------------------------------- |  |  |  | -----
|TO:           SILICON VALLEY BANK |  |  |  | Date:

FROM:     LUNA INNOVATIONS INCORPORATED AND LUNA TECHNOLOGIES, INC.

The undersigned authorized officers of Luna Innovations Incorporated and Luna Technologies, Inc. (collectively, the Borrowers) certify that
under the terms and conditions of the Loan and Security Agreement between Borrowers and Bank (the Agreement), (1) Each Borrower is in complete compliance for the period ending
 with all required covenants except as noted below, (2) there are no Events of Default, (3) all representations
and warranties in the Agreement are true and correct in all material respects on this date except as noted below; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are
qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date,
(4) Each Borrower, and each of its Subsidiaries, has timely filed all required tax returns and reports, and each Borrower has timely paid all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrowers
except as otherwise permitted pursuant to the terms of Section 5.9 of the Agreement, and (5) no Liens have been levied or claims made against any Borrower or any of its Subsidiaries relating to unpaid employee payroll or benefits of which
such Borrower has not previously provided written notification to Bank. Attached are the required documents supporting the certification. The undersigned certifies that these are prepared in accordance with GAAP consistently applied from one period
to the next except as explained in an accompanying letter or footnotes. The undersigned acknowledges that no borrowings may be requested at any time or date of determination that Borrowers are not in compliance with any of the terms of the
Agreement, and that compliance is determined not just at the date this certificate is delivered. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Agreement.

Please indicate compliance status by circling Yes/No under Complies column.



|                                                                                                                |  |                                     |  |         
|--------------------------------------------------------------------------------------------------------------- |  | ----------------------------------- |  | --------
|Reporting Covenant                                                                                              |  | Required                            |  | Complies
|Monthly financial statements with Compliance
Certificate                                                        |  | Monthly within 30 days              |  | Yes  No 
|Annual financial statement (CPA Audited) +
CC                                                                   |  | FYE within 90 days                  |  | Yes  No 
|10-Q, 10-K and 8-K                                                                                              |  | Within 5 days after filing with SEC |  | Yes  No 
|Borrowing Base Certificate, A/R & A/P Agings                                                                    |  | Monthly within 30 days              |  | Yes  No 
|The following
Intellectual Property was registered after the Effective Date (if no registrations, state None)
|                                                                                                                | 
|                                                                                                                |  |                                    





|                                                  |  |            |  |        |  |         
|------------------------------------------------- |  | ---------- |  | ------ |  | --------
|Financial Covenant                                |  | Required   |  | Actual |  | Complies
|Maintain on a Monthly Basis:                      |  |            |  |        |  |         
|Minimum Adjusted Quick Ratio (on a monthly basis) |  | 1.25:1.0   |  | :1.0   |  | Yes  No 
|Minimum Liquidity (at all times)*                 |  | 1.75:1.0** |  | :1.0   |  | Yes  No 
|Minimum EBITDA (on a quarterly basis)             |  | $**        |  | $      |  | Yes  No 
|Fixed Charged Coverage Ratio (on a monthly basis) |  | 1.25:1.0   |  | :1.0   |  | Yes  No 



|* | Minimum Liquidity Covenant applies when Borrowers Fixed Charge Coverage Ratio is less than or equal to 1.25 to 1.00.
|- | ---------------------------------------------------------------------------------------------------------------------

|** | See schedule 1 for required amount.
|-- | -----------------------------------



Exhibit E Page 1



---

The following financial covenant analyses and information set forth in Schedule 1 attached hereto are
true and accurate as of the date of this Certificate.

The following are the exceptions with respect to the certification above: (If no
exceptions exist, state No exceptions to note.)





















|                                                        |  |  |  |                                                                                                        
|------------------------------------------------------- |  |  |  | -------------------------------------------------------------------------------------------------------
|LUNA INNOVATIONS INCORPORATED                           |  |  |  | BANK USE ONLY                                                                                          
|                                                        |  | 
|By:                                                     |  |  |  | Received
by:                                                                                           
|Name: Title:  LUNA TECHNOLOGIES, INC.
 By: Name: Title: |  |  |  | AUTHORIZED SIGNER  Date:  Verified: AUTHORIZED SIGNER  Date:  Compliance
Status:              Yes    No



Exhibit E Page 2



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Schedule 1 to Compliance Certificate

Financial Covenants of Borrowers

Dated:

In the event of a conflict between this Schedule and the Loan Agreement, the terms of the
Loan Agreement shall govern.

I.    Adjusted Quick Ratio (Section 6.7(a))

Required:    1.25:1.00

Actual:



|                                              |  |                                                                                                                                                                                                                                         |  |      
|--------------------------------------------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | -----
|A.                                            |  | Aggregate value of the unrestricted cash and Cash Equivalents of Borrowers                                                                                                                                                              |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|B.                                            |  | Aggregate value of the net billed accounts receivable of Borrowers                                                                                                                                                                      |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|C.                                            |  | Aggregate value of the Investments with maturities of fewer than 12 months of Borrower                                                                                                                                                  |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|D.                                            |  | Quick Assets (the sum of lines A through C)                                                                                                                                                                                             |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|E.                                            |  | Aggregate value of liabilities that should, under GAAP, be classified as liabilities on Borrowers consolidated balance sheet, including all Indebtedness, and not otherwise reflected in
line E above that matures within one (1) year |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|F.                                            |  | Aggregate value of all amounts received or invoiced by Borrowers in advance of performance under contracts and not yet recognized as revenue                                                                                            |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|G.                                            |  | Line R minus line F                                                                                                                                                                                                                     |  | $    
|                                              |  |                                                                                                                                                                                                                                        
|H.                                            |  | Adjusted Quick Ratio (line D divided by line G)                                                                                                                                                                                         |  | :1.00
|                                              | 
|Is line H equal to or greater than 1.25:1:00? |  |                                                                                                                                                                                                                                        



|                      |  |                   
|--------------------- |  | ------------------
|No, not in compliance |  | Yes, in compliance

II.    Liquidity (Section 6.7(b))

Required:    $ 1.75 times line D below

Actual:         $



|   |  |                                        |  |  
|-- |  | -------------------------------------- |  | -
|A. |  | Unrestricted cash and Cash Equivalents |  | $
|   |  |                                       
|B. |  | Availability Amount                    |  | $
|   |  |                                       
|C. |  | Liquidity (line A plus line B)         |  | $
|   |  |                                       
|D. |  | Unpaid Principal Balance of Term Loan  |  | $



Schedule 1 to Compliance Certificate Page 1



---

Is line C equal to or greater than 1.75 times Line D?



|                      |  |                   
|--------------------- |  | ------------------
|No, not in compliance |  | Yes, in compliance

III.    EBITDA (Section 6.7(c))

Required:    See chart below



|                                  |  |                     
|--------------------------------- |  | --------------------
|Period                            |  | Minimum EBITDA[****]
|Quarter ending December 31, 2008  |  | ($1,750,000)        
|Quarter ending March 31, 2009     |  | ($2,000,000)        
|Quarter ending June 30, 2009      |  | ($1,300,000)        
|Quarter ending September 30, 2009 |  | ($250,000)          
|Quarter ending December 31, 2009  |  | ($250,000)          
|Each quarter thereafter           |  | $1.00               

[****]

Actual: $



|   |  |                                                              |  |  
|-- |  | ------------------------------------------------------------ |  | -
|A. |  | Net Income of Borrowers                                      |  | $
|   |  |                                                             
|B. |  | To the extent included in the determination of Net Income    |  | $
|   |  |                                                             
|   |  | 1.    The provision for income taxes                         |  | $
|   |  |                                                             
|   |  | 2.    Depreciation expense                                   |  | $
|   |  |                                                             
|   |  | 3.    Amortization expense                                   |  | $
|   |  |                                                             
|   |  | 4.    Net Interest Expense                                   |  | $
|   |  |                                                             
|   |  | 5.    Reasonable add-backs for non-cash, non-recurring items |  | $
|   |  |                                                             
|   |  | 6.    The sum of lines 1 through 5                           |  | $
|   |  |                                                             
|C. |  | EBITDA (line A plus line B.6)                                |  | $
|   |  |                                                             
|D. |  | Required EBITDA (from chart above)                           |  | $

Is line C equal to or greater than line D?



|                      |  |                   
|--------------------- |  | ------------------
|No, not in compliance |  | Yes, in compliance



Schedule 1 to Compliance Certificate Page 2



---

IV.    Fixed Charge Coverage Ratio

*The Liquidity covenant in Section II above is not applicable when each Borrowers Fixed Charge Coverage Ratio is greater than 1.25:1.00.

Actual fixed Charge Coverage Ratio: :1.00



|   |  |                                                                                                      |  |      
|-- |  | ---------------------------------------------------------------------------------------------------- |  | -----
|A. |  | Net Income for the trailing 12 months                                                                |  | $    
|B. |  | To the extent included in the determination of Net Income                                            |  |      
|   |  | 1.    The provision for income taxes for the trailing 12 months                                      |  | $    
|   |  | 2.    Depreciation expense for the trailing 12 months                                                |  | $    
|   |  | 3.    Amortization expense for the trailing 12 months                                                |  | $    
|   |  | 4.    Net Interest Expense for the trailing 12 months                                                |  | $    
|   |  | 5.    Reasonable add-backs to EBITDA for non-cash and non-recurring items for the trailing 12
months |  | $    
|   |  | 6.    The sum of lines 1 through 5                                                                   |  | $    
|C. |  | EBITDA for the trailing 12 months (line A plus line B.6)                                             |  | $    
|D. |  | Line C divided by four                                                                               |  | $    
|E. |  | Unfinanced capital expenditures for the trailing three months                                        |  | $    
|F. |  | Interest Expense for the trailing three months                                                       |  | $    
|G. |  | Income taxes paid in cash for the trailing three months                                              |  | $    
|H. |  | Required scheduled principal payments on Indebtedness for the trailing three months                  |  | $    
|I. |  | Permitted dividends paid in cash for the trailing three months                                       |  | $    
|J. |  | The sum of Lines E through I                                                                         |  | $    
|K. |  | Fixed Charge Coverage Ratio (Line D divided by line J)                                               |  | :1.00

Is line K greater than 1.25:1:00?



|   |  |    
|-- |  | ---
|No |  | Yes



Schedule 1 to Compliance Certificate Page 3