Document:

exv10w45

EXHIBIT 10.45

AGREEMENT OF CONFIDENTIALITY

AND NON-COMPETITION

THIS AGREEMENT OF CONFIDENTIALITY AND NON-COMPETITION (the “Agreement”) is made and entered into
this                      day of                     , 20___, by and between ENERGY FOCUS INC., a Delaware corporation which
maintains a place of business at 32000 Aurora Road, Solon, Ohio 44139 its successors and assigns
(referred to as “Employer” and “Energy Focus”) and                                                             , an individual residing at
                                                             (hereinafter referred to as “Employee”). In this Agreement, the terms “Energy Focus” and
“Employer” shall include any and all subsidiaries of Energy Focus.

A. Employment Relationship. The employment relationship between Employer and Employee shall
be “at will,” terminable by either party at any time for any reason or no reason. Employee’s
obligations under this Agreement shall survive the termination of the employment relationship.

B. Definitions.

     1. “Company Business” is the development, production and sale of commercial lighting products.

     2. “Confidential Information” shall mean information or material (i) that is proprietary to
Energy Focus, whether or not designated or labeled as confidential by Energy Focus and (ii) that
Employee creates, discovers, develops in whole or in part or of which Employee obtains knowledge of
or access to as a result of Employee’s relationship with Energy Focus. Confidential Information
may include, but is not limited to, designs, works of authorship, mask works, formulae, ideas,
concepts, techniques, inventions, devices, improvements, know-how, methods, processes, drawings,
specifications, models, data, documentation, diagrams, flow charts, research, developments,
procedures, software in various stages of development, source code, object code, marketing
techniques and materials, business, marketing, development and product plans, financial
information, personnel information, and other confidential business or technical information. For
purposes of this Section 2, “Energy Focus” shall mean Energy Focus or any of its affiliates.
INFORMATION THAT IS OR BECOMES PUBLICLY KNOWN WITHOUT FAULT ON EMPLOYEE’S PART SHALL NOT BE SUBJECT
TO THE CONFIDENTIALITY OBLIGATIONS SET FORTH IN THIS AGREEMENT.

     3. “Inventions” shall mean data, ideas, designs, drawings, works of authorship, trademarks,
service marks, trade names, service names, logos, mask works, developments, formulae, concepts,
techniques, inventions, devices, improvements, know-how, methods, processes, programs and
discoveries, whether or not patentable or protectable under applicable copyright or trademark law,
or as a mask work, or under other similar law, and whether or not reduced to practice or tangible
form, together with any improvements thereon or thereto, derivate works therefrom, know-how related
thereto, and intellectual property rights therein.

C. Confidential Information. Employee recognizes and acknowledges that confidential
information includes valuable, special and unique assets of Employer. During and after the

 

 

Restricted Period described in Paragraph G, Employee shall keep secret and retain in strictest
confidence, and shall not use for the benefit of himself or others except in connection with the
business and affairs of Employer, any and all Confidential Information to anyone, outside
performing duties of his employment with Employer, without the express written consent of Employer
or as required by law. Information that is or becomes physically known without fault on the
Employer’s part shall not be subject to the confidentiality obligations set forth in this
agreement.

D. Inventions.

(a) Employee will promptly disclose in writing to Employer all inventions,
discoveries, developments, improvements, and innovations (herein called
“Inventions”) whether patentable or not, conceived or made by Employee,
either solely or in concert with others, during the period of his employment
with Employer, including, but not limited to, any period prior to the date
of this Agreement, whether or not made or conceived during working hours
which, (i) relate in any manner to the existing or contemplated business or
research activities of Employer, or (ii) are suggested by or result from
Employee’s work with Employer, or (iii) result from the use of the
Employer’s time, materials, or facilities, and Employee agrees and
understands that all such Inventions shall be the exclusive property of
Employer.

(b) Employee hereby assigns to Employer his entire right, title and interest
to all such Inventions which are the property of Employer under the
provisions of subsection (a) of this Section, and to all unpatented
Inventions which Employee now owns, except those specifically described in a
statement attached hereto as Exhibit A, and Employee will, at Employer’s
request and expense, execute specific assignments to any such Invention and
execute, acknowledge and deliver such other documents and take such further
action as may be considered necessary by Employer at any time during or
subsequent to the period of his employment with Employer to obtain and
defend any patents copyright registrations, mask work registrations or other
protection of Energy Focus, Inventions, in any and all countries and to vest
title in such Inventions in Employer or its assigns.

(c) Employee agrees that an Invention disclosed by him to a third person or
described in a patent application filed by him or in his behalf within six
(6) months following the period of his employment with Employer shall be
presumed to have been conceived or made by him during the period of his
employment with Employer unless proved to have been conceived and made by
him following the termination of employment with Employer.

 

 

E. Conflict of Interest. During the period of Employee’s employment with Energy Focus,
Employee shall not accept employment or consulting work or enter into a contract or accept an
obligation incompatible with its obligations under this Agreement.

F. Property of Employer. Employee agrees to deliver promptly to Employer all drawings,
blueprints, manuals, letters, notes, notebooks, reports, sketches, formulae, computer programs and
files, memoranda, customer lists and all other materials relating in any way to the Company
Business and in any way obtained by Employee during the period of his employment with Employer
which are in his possession or under his control, and all copies thereof, (i) upon termination of
Employee’s employment with Employer, or (ii) at any other time at Employer’s request. Employee
further agrees he will not make or retain any copies of any of the foregoing and will so represent
to Employer upon termination of his employment.

G. Non-compete. During the period which includes the entire term of Employee’s employment
with Employer and one (1) year following the termination of such employment, however caused (the
“Restricted Period”), Employee shall not, directly or indirectly, on behalf of Employee or any
other person, firm, business, corporation or other entity (each such other person, firm, business,
corporation or other entity being referred to hereinafter as a “Person”), with respect to any
customer or supplier with whom Employee has had material dealings on behalf of Employer during any
part of the term of Employee’s employment with Employer, compete with Employer in any manner in any
area of the Company Business in which Employee has worked for an Employer in any manner including,
without limitation, that Employee shall not (i) engage in the Company Business for his own account;
(ii) enter the employ of, or render any services to, any Person engaged in the Company Business;
(iii) request or instigate any account or customer or Employer to withdraw, diminish, curtail or
cancel any or its business with Employer; or (iv) become interested in any Person engaged in the
Company Business as an owner, partner, shareholder, officer, director, licensor, licensee,
principal agent, employee, trustee, consultant or in any other relationship or capacity; provided,
however, that Employee may own, directly or indirectly, solely as an investment, securities of any
corporation which are traded on any national securities exchange if he is not a controlling person
of, or a member of a group which controls, such corporation. In the event of Employee’s breach of
any provision of this section, the running of the Restricted Period shall be automatically tolled
(i.e., no part the Restricted Period shall expire) from and after the date of the first such
breach.

H. Employees and Consultants of Employer. During the Restricted Period, Employee shall
not, directly or indirectly (i) hire, solicit, or encourage to either leave the employment of or
cease working with Employer, any person who is then an employee of Employer, or any consultant who
is then engaged by Employer, or (ii) hire any employee or consultant who had left the employment of
or had ceased consulting with Employer but who had not yet been a former employee or former
consultant of Employer for one full year.

I. Rights and Remedies Upon Breach. Both parties recognize that the rights and obligations
set forth in this Agreement are special, unique and of extraordinary character. If Employee
breaches, or threatens to commit a breach of, any of the provisions of paragraphs C through H of
this Agreement (the “Restrictive Covenants”), then Employer shall have the following rights and
remedies, each of which shall be independent of the other and severally

 

 

enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any
other rights and remedies available to Employer under law or equity:

(a) Specific Performance. The right and remedy to have the Restrictive
Covenants specifically enforced by any court having equity jurisdiction, it being
acknowledged and agreed that any such breach or threatened breach will cause
irreparable injury to Employer and that money damages will not provide adequate
remedy to Employer. As to the covenants contained in paragraphs G and H, specific
performance shall be for a period of time equal to the unexpired portion of the
Restricted Period, giving full effect to the tolling provision of paragraphs G and H
and beginning on the earlier of the date on which the court’s order becomes final
and non-appealable and the date on which all appeals have been exhausted.

(b) Accounting. The right and remedy to require Employee to account for and
pay over to Employer all compensation, profits, monies, accruals, increments or
other benefits (collectively, “Benefits”) derived or received by it as the result of
any transactions constituting a breach of any of the Restrictive Covenants, and
Employee shall account for and pay over such Benefits to Employer.

(c) Blue-Penciling. If any court determines that any one or more of the
Restrictive Covenants, or any part thereof, shall be unenforceable because of the
scope, duration and/or geographical area covered by such provision, such court shall
have the power to reduce the scope, duration or area of such provision and, in its
reduced form, such provision shall then be enforceable and shall be enforced.

J. Disclosure. Employer may notify anyone employing Employee or evidencing an intention to
employ Employee as to the existence and provisions of this Agreement.

K. Governing Law and Jurisdiction. The parties intend that the validity, performance and
enforcement of this Agreement shall be governed by the laws of the State of Ohio. In the event of
any claim arising out of or related to this Agreement, or the breach thereof, the parties intend to
and hereby confer jurisdiction to enforce the terms of this Agreement upon the courts of any
jurisdiction within the State of Ohio, and hereby waive any objections to venue in said courts.

L. Binding Effect. This Agreement shall inure to the benefit of and be binding upon the
parties hereto, their heirs, representatives and successors.

M. Severability. In case any one or more of the provisions contained in this Agreement
shall, for any reason, be held to be invalid, illegal or unenforceable in any respect by a court of
competent jurisdiction, such invalidity, illegality or unenforceability shall not affect any other
provision of this Agreement, but this Agreement shall be construed as if such invalid, illegal, or
unenforceable provision had never been contained herein.

N. Effect of Captions. The captions in this Agreement are included for convenience only
and shall not in any way effect the interpretation or construction of any provision hereof.

 

 

O. Construction. In this Agreement, unless the context otherwise requires, words in the
singular or in the plural shall each include the singular and the plural, and words of masculine
gender shall include the feminine and neuter, and, when sense so indicates, words of the neuter
gender may refer to any gender.

P. Notices. All notices, requests, demands or other communications hereunder shall be sent
by registered or certified mail to, to each party at the address of such party set forth in the
initial introductory paragraph of this Agreement, or to such other address as a party may designate
from time to time, pursuant to notice given in accordance herewith.

Q. Counterparts. This Agreement may be executed by any one or more of the parties hereto
in any number of counterparts, each of which shall be deemed to be an original, but all such
counterparts shall together constitute one and the same instrument. The execution of counterparts
shall not be deemed to constitute delivery of this Agreement by any party until all of the parties
have executed and delivered their respective counterparts.

R. Acknowledgment. Employee acknowledges that: (i) he has carefully read all of the terms
of this Agreement, and that such terms have been fully explained to him; (ii) he understands the
consequences of each and every term of this Agreement; (iii) he specifically understands that by
signing this Agreement he is giving up certain rights he may have otherwise had, and that he is
agreeing to limit his freedom to engage in certain employment during and after the termination of
this Agreement, and (iv) the limitations to his right to compete contained in this Agreement
represent reasonable limitations as to scope, duration and geographical area, and that such
limitations are reasonably related to protection which Employer reasonably requires.

S. Assignment. This Agreement is a personal services contract and it is expressly agreed
that the rights and interests of Employee and Employer hereunder may not be sold, transferred,
assigned, pledged or hypothecated; provided, however that Employer may assign its rights and
obligations hereunder to a related company, affiliate or successor of Employer, whether presently
existing or formed after the date hereof.

T. Entire Agreement. This Agreement embodies the entire agreement and understanding
between Employer and Employee and supersedes all prior agreements and understandings relating to
the subject matter hereof.

     IN WITNESS WHEREOF, the undersigned have hereunto set their hands on the date first
hereinabove mentioned.

	 	 	 	 	 	 	 	 	 
	 	 	 	 	ENERGY FOCUS INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	Its:
	 	 

	 	 
	 

Employee

	 	 	 	 	 	 

	 	 

 

 

EXHIBIT A

INVENTIONS

     The following is a list of all “Inventions” (as defined in the Agreement), whether patented or
unpatended, in which I have any interest which I do not assign to Employer pursuant to the
Agreement; if no “Inventions” are described below, there are no exclusions from the assignment set
forth in Section 6(b) of the Agreement:exv10w48

EXHIBIT 10.48

Execution
Copy

NOTE PURCHASE AGREEMENT

     THIS NOTE PURCHASE AGREEMENT (this “Agreement”) is made as of March 30, 2010 by and between
Energy Focus, Inc., a Delaware corporation (the “Company”), and EF Energy Partners LLC, an Ohio
limited liability company (the “Purchaser”).

     WHEREAS, the Company desires sell to Purchaser, and the Purchaser desires to buy from the
Company, a Secured Subordinated Promissory Note Due March 15, 2013 of the Company in the form
attached hereto as Exhibit A and in the maximum principal amount indicated under the
signature of the Purchaser (the “Note”), which Note will be secured and subordinated as provided
therein;

     NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

     Section 1. Purchase and Sale. (a) The Company agrees to and will issue, sell and deliver to
the Purchaser, and the Purchaser subscribes for and agrees to purchase from the Company, the Note.
Concurrently with the execution and delivery hereof, the Purchaser will fund the principal amount
(the “Purchase Price”) indicated under the signature of the Purchaser by wire transfer in
immediately available funds to the Company in accordance with its written instructions or as
otherwise agreed by the Company.

     (b) The Note will be secured by the collateral covered by a Security Agreement between the
parties. The issuance, sale, and delivery of the Note will be accompanied by Warrant Acquisition
Agreement (the “Warrant Agreement”) between the Company and each of the members of the Purchaser
(the “Members”) and the issuance by the Company to each Member of a Common Stock Purchase Warrant
(each a “Warrant”).

     (c) Delivery. The sale and purchase of the Note (the “Closing“) shall take place
concurrently with the execution and delivery of this Agreement by the Purchaser on the date hereof
(the “Closing Date“). At the Closing, Company will deliver to the Purchaser the Note to be
purchased and the Purchaser shall deliver to the Company the Purchase Price. Company may conduct
one or more additional closings within 365 calendar days of the initial Closing (each, a
“Subsequent Closing” and also generally a “Closing”) to be held at such place and time as Company
and the Purchaser may determine (each, a “Subsequent Closing Date”). At each Subsequent Closing,
Company will deliver to the Purchaser either an amended and restated note or a new and separate
note to be purchased by the Purchaser upon receipt of the Purchase Price.

 

 

     Section 2. Company’s Representations and Warranties. The Company makes the following
representations and warranties:

     (a) The Company is a corporation duly organized, validly existing and in good standing under
the laws of the State of Delaware.

     (b) All corporate action on the part of the Company and its officers, directors and
shareholders necessary for the execution, delivery and performance of this Agreement and the
authorization, issuance and delivery of the Note being issued pursuant to this Agreement has been
taken as of the date hereof.

     (c) The Company is not in violation of any applicable statute, rule or regulation adopted,
enacted or promulgated by any government or governmental authority the consequence of which would
have an adverse effect on consummation of the transactions contemplated by this Agreement in
accordance with its terms or a material adverse effect on the Company’s business or financial
condition.

     (d) Neither execution and delivery of this Agreement, the Note, the Warrant Agreement or the
Warrants by the Company nor consummation of the transactions contemplated hereby or thereby will
(i) violate or conflict with the articles of incorporation or by-laws of the Company, (ii) violate
any provisions of law applicable to the Company, or (iii) violate, conflict with or result in a
breach of or default under any contract, instrument or other agreement to which the Company is a
party or any governmental or judicial order or decree applicable to the Company.

     (e) Each of the representations and warranties made by the Company in the Warrant Agreement is
true and correct.

     Section 3. Purchaser’s Representations and Warranties. (a) The Purchaser represents and
warrants to the Company that: (i) all documents, records and books relating to the Purchaser’s
investment in the Company requested by the Purchaser have been made available or delivered to the
Purchaser and that all questions of the Purchaser relating to said investment have been answered by
the Company; (ii) it understands that the Note is a speculative investment which involves a high
degree of risk of loss by the Purchaser of its investment therein; (iii) it has been offered the
opportunity to ask questions of appropriate officers of the Company with respect to its business
and affairs, and such officers have answered all such questions to its satisfaction; (iv) its
purchase of the Note is being made for the Purchaser’s own account for investment purposes and with
no intention of immediate distribution; (v) the Purchaser has the requisite knowledge and
experience in financial and business matters to enable it to evaluate the merits and risks of an
investment in the Note; (vi) it is aware that the Note may be a “restricted security” within the
meaning of such term under Rule 144 of the Rules of the SEC (“Rule 144”), that the Note may be
subject to the resale restrictions of Rule 144 (unless another exemption is available under the
Securities Act of 1933, as amended (the “Securities Act”), and that, if the Purchaser at any time
is deemed to be an affiliate of the Company, the Note may be subject to

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the additional resale restrictions under Rule 144 applicable to affiliates; (vii) it is aware that
until the Note may be registered under the Securities Act, it may be unable to liquidate its
investment in the Note despite a need to do so; and (viii) it is aware that the Note may bear a
legend conditioning the transfer of the Note upon the receipt of a satisfactory opinion to the
effect that any proposed transfer of the Note is exempt from registration under the Securities Act,
or the like.

     (b) The Purchaser represents and warrants to the Company that it is either (i) an
accredited investor under Rule 501(a) of Regulation D under the Securities Act of 1933 (the “Act”)
for the following reasons, or (ii) is not an accredited investor as marked below.

Please check each of the statements below which are applicable to you:

	 	o 	 	The Purchaser is a natural person whose individual net work, or joint net
worth with his/her spouse, at the time of his/her purchase exceeds
$1,000,000.
	 
	 	o 	 	The Purchaser is a natural person who had
individual income in excess of $200,000 in each of 2007 and 2008, or
joint income with his/her spouse in excess of $300,000 in each of those
years, and who reasonably expects the same or greater income level in
2009.
	 
	 	o 	 	The Purchaser is a pension plan whose investments
are directed by a registered investment advisor or an accredited
investor, or whose plan assets exceed $5,000,000.
	 
	 	o 	 	The Purchaser is a corporation, partnership, or
limited liability company whose assets exceed $5,000,000.
	 
	 	o 	 	The Purchaser is a trust whose assets exceed
$5,000,000.
	 
	 	o 	 	The Purchaser is a director or officer of the
Company.
	 
	 	o 	 	The Purchaser is an entity in which all of the
equity owners are accredited investors.
	 
	 	o 	 	The Purchaser is not an accredited investor.

     (c) The Purchaser is a limited liability company duly organized, validly existing and in good
standing under the laws of the State of Ohio.

     (d) All action on the part of the Purchaser and members or managers necessary for the
execution, delivery and performance of this Agreement and the authorization, issuance and delivery
of the other documents being issued pursuant to this Agreement has been taken as of the date
hereof.

3

 

     (e) The Purchaser is not in violation of any applicable statute, rule or regulation adopted,
enacted or promulgated by any government or governmental authority the consequence of which would
have an adverse effect on consummation of the transactions contemplated by this Agreement in
accordance with its terms or a material adverse effect on the Purchaser’s business or financial
condition.

     (f) Neither execution and delivery of this Agreement by the Company nor consummation of the
transactions contemplated hereby will (i) violate or conflict with the articles of organization or
operator’s agreement of the Purchaser, (ii) violate any provisions of law applicable to the
Purchaser, or (iii) violate, conflict with or result in a breach of or default under any contract,
instrument or other agreement to which the Purchaser is a party or any governmental or judicial
order or decree applicable to the Purchaser.

     Section 4. Conditions to Closing of the Purchaser. Purchaser’s obligations at the Closing are
subject to the fulfillment, on or prior to the Closing Date, of all of the following conditions,
any of which may be waived in whole or in part by all of the Purchasers:

          (a) Representations and Warranties. The representations and warranties made by Company in
Section 2 hereof and in the other documents shall be true and correct in all material respects.

          (b) Governmental Approvals and Filings. Except for any notices required or permitted to be
filed after the Closing Date with certain federal and state securities commissions and as otherwise
disclosed and required under the terms and conditions of the Warrant Agreement, Company shall have
obtained all governmental approvals, if any, required in connection with the lawful sale and
issuance of the Notes and Warrants.

          (c) Legal Requirements. At the Closing, the sale and issuance by Company, and the purchase by
the Purchaser, of the Note shall be legally permitted by all laws and regulations to which that
Purchaser, or Company is subject.

          (d) Proceedings and Documents. All corporate and other proceedings in connection with the
transactions contemplated at the Closing and all documents and instruments incident to such
transactions shall be reasonably satisfactory in substance and form to that Purchaser.

          (e) Transaction Documents. Company shall have duly executed and delivered to the Purchaser
the following documents (the “Transaction Documents”):

(i) This Agreement;

(ii)The
Note;

(iii) The
Warrant Agreement;

(iv) Each Warrant issued under the Warrant Agreement; and

4

 

(v) The Security Agreement in the form of Exhibit D hereto
(the “Security Agreement“); and

          (f) Perfection of Liens. All documents or instruments reasonably requested by the Purchasers
necessary to create and perfect the liens described in the Security Agreement (the “Liens”) shall
have been delivered to the Purchasers, including but not limited to, taking any other action
necessary under the Uniform Commercial Code as enacted under the laws of Delaware to perfect such
Liens.

          (g) Consents, Waivers, Etc. Company shall have obtained all necessary consents, approvals or
waivers of any and all third parties, relating to the transaction contemplated hereby.

          (h) Legal Requirements. At the Closing, the sale and issuance by Company, and the purchase by
the Purchaser, of the Notes and the issuance by the Company of the Warrants to the Members shall be
legally permitted by all laws and regulations to which such Purchasers or Company are subject.

     Section 5. Conditions to Obligations of Company. Company’s obligation to issue and sell the
Note, at the initial Closing and at each Subsequent Closing are subject to the fulfillment, on or
prior to the Closing Date, of the following conditions, any of which may be waived in whole or in
part by Company:

          (a) Representations and Warranties. The representations and warranties made by the Purchaser
in Section 3 hereof shall be true and correct in all material respects.

          (b) Governmental Approvals and Filings. Except for any notices required or permitted to be
filed after the Closing Date with certain federal and state securities commissions, and as required
and disclosed under the Warrant Agreement, Company shall have obtained all governmental approvals
and made all governmental filings required in connection with the lawful sale and issuance of the
Notes and Warrants.

          (c) Legal Requirements. At the initial Closing and at each Subsequent Closing, the sale and
issuance by Company, and the purchase by the Purchaser, of the Notes shall be legally permitted by
all laws and regulations to which the Purchaser or Company are subject.

          (d) Purchase Price. The Purchaser shall have delivered to Company the Purchase Price in
respect of the Note being purchased by such Purchaser referenced in Section 1 hereof.

          (e) Securities Laws. The transactions contemplated under this Agreement shall have been
completed in compliance with all applicable securities and other laws.

     Section 6. Brokers Commissions. The Purchaser will indemnify and hold harmless the Company
from the commission, fee or claim of any person, firm or corporation employed or retained or
claiming to be employed or retained by the Purchaser to bring about, or to represent it in, the
transaction contemplated hereby. The Company will indemnify and hold harmless the Purchaser from
the commission, fee or claim of any person, firm or corporation employed or

5

 

retained by the Company to bring about, or to represent it in, the transaction contemplated hereby.

     Section 7. Amendment and Modification. The parties hereto may not amend, modify or supplement
this Agreement except by a writing signed by both of the parties hereto.

     Section 8. Binding Effect, No Assignment. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective successors, permitted assigns, heirs and
legal representatives, and neither party shall be entitled to assign its rights hereunder except
upon the other party’s prior written consent; provided, however, (a) that Company may assign this
Agreement in connection with a merger or consolidation involving Company, or a sale of
substantially all of Company’s assets, so long as the purchaser or assignee assumes Company’s
obligations under this Agreement, and (b) that Purchaser may assign this Agreement in connection
with a permitted sale or transfer of the Note.

     Section 9. Entire Agreement. This instrument contains the entire agreement of the parties
hereto with respect to the purchase of the Securities and the other transactions contemplated
herein, and supersedes all prior understandings and agreements of the parties with respect to the
subject matter hereof.

     Section 10. Headings. The descriptive headings in this Agreement are inserted for convenience
only and do not constitute a part of this Agreement.

     Section 11. Execution in Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original.

     Section 12. Governing Law. This Agreement shall be governed by and interpreted in accordance
with the laws of the State of Delaware applicable to contracts made and to be performed therein,
without regard to the conflicts of law principles thereof.

6

 

     IN WITNESS WHEREOF, the parties hereto have caused this Note Purchase Agreement to be duly
executed as of the day and year first above written.

	 	 	 	 	 
	 	Energy Focus, Inc.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	Name of Purchaser:

EF Energy Partners LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	

 	 

	 	 	 	 	 
	 	Address:  	  2171 Mogadore Road

Kent, OH 44240

  	 
	 
	 	Principal
Amount:  $1,150,000.00	 

7

 

	 	 	 	 	 

EXHIBIT A

to

NOTE PURCHASE AGREEMENT

Form of Secured Subordinated Promissory Note

See Attached

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