EX-10.4



 Exhibit 10.4 

AMENDMENT NO. 1 TO THE 

SECOND AMENDED AND RESTATED 

EMPLOYMENT AND NON-COMPETITION AGREEMENT 

This Amendment No. 1 to the Second Amended and Restated Employment and Non-Competition Agreement (this “Amendment”) is made
and entered into effective as of March 28, 2016 (the “Effective Date”), by and between PowerSecure International, Inc., a Delaware corporation (the “Company”), and Sidney Hinton, an individual who resides in Wake
Forest, North Carolina (“Officer”). 
 Recitals 

WHEREAS, Officer has been engaged as an employee and as the Chief Executive Officer of the Company; 

WHEREAS, the Company and Officer entered into a Second Amended and Restated Employment and Non-Competition Agreement on December 17, 2009 (as
amended and restated from time to time, the “Employment Agreement”), setting forth the terms and conditions of Officer’s employment with the Company; and 

WHEREAS, the Company and Officer desire to amend certain terms and conditions of the Employment Agreement as set forth herein; 

Agreement 
 NOW,
THEREFORE, in consideration of the premises and the mutual covenants and agreements set forth herein, and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Officer, intending to
be legally bound hereby, agree as follows: 
 Section 1. Definitions. Capitalized terms used in this Amendment and not otherwise
defined herein shall have the respective meanings given to them in the Employment Agreement. 
 Section 2. Amendments to Employment
Agreement. Notwithstanding anything to the contrary contained in the Employment Agreement, in the event that the Severance Amount becomes payable pursuant to Section 5(f)(i) of the Employment Agreement or pursuant to the terms of that certain
Letter Agreement, dated February 24, 2016, by and among Officer, the Company and the Southern Company (the “Letter Agreement”), the Severance Amount shall be payable in approximately equal installments in accordance with the
Company’s customary payroll practices over the 36 months following the termination of Officer’s employment, subject to any required delay pursuant to Section 5(l) of the Employment Agreement. 

Section 3. Effectiveness of Amendment. This Amendment shall be effective as of the Effective Date. As of and after the Effective Date,
all references to the Employment Agreement, including the terms “this Agreement,” “hereof,” “herein” and the like contained in the Employment Agreement, shall mean and be deemed to be references to the Employment
Agreement as amended by the terms of the Letter Agreement and this Amendment. From and 







 
after the Effective Date, the Employment Agreement shall remain in full force and effect in accordance with its terms, as such terms are amended by the terms of this Amendment and the Letter
Agreement. 
 Section 4. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of
Delaware, without regard to provisions governing conflicts of laws. 
 Section 5. Successor and Assigns. This Amendment shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, in accordance with the Employment Agreement. 

Section 6. Headings. The headings in this Amendment are included for convenience of reference only and do not define, limit, explain or
modify this Amendment or its interpretation, construction or meaning and are in no way to be construed as a part of this Amendment. 

Section 7. Counterparts. This Amendment may be executed in any number of counterparts (including counterparts executed by less than all
parties hereto), each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. A signed copy of this Amendment delivered by PDF, facsimile, e-mail or other means of electronic transmission
shall be deemed to have the same legal effect as delivery of an original signed copy of this Amendment. 
 Section 8. Entire
Agreement. The Employment Agreement, as amended by this Amendment, sets forth the entire agreement and understanding of the parties hereto with respect to the subject matter thereof and hereof and supersedes in their entirety all prior and
contemporaneous written and oral agreements, arrangements, understandings, negotiations, communications, covenants, representations and warranties among the parties hereto relating to such subject matter. 

(Remainder of page intentionally left blank. The next page is the Signature Page) 







 SIGNATURE PAGE 

IN WITNESS WHEREOF, this Amendment No. 1 to the Second Amended and Restated Employment and Non-Competition Agreement has been executed and
delivered by or on behalf of the parties hereto as of the Effective Date. 
  

			
	COMPANY:
	
	POWERSECURE INTERNATIONAL, INC.
		
	By:	 	 /s/ Christopher T. Hutter

		 	Christopher T. Hutter,
		 	Executive Vice President and
		 	Chief Operating Officer
	
	OFFICER:
	
	 /s/ Sidney Hinton

	Sidney Hinton