Document:

Exhibit 10.2

 

TWELFTH AMENDMENT TO

MASTER TRANSACTION AGREEMENT

 

This
Twelfth Amendment to the Master Transaction Agreement (this “Amendment”),
dated as of June 8, 2009 (the “Amendment Date”), by and among
MXEnergy Inc., a Delaware corporation (the “Counterparty”), MXEnergy
Holdings Inc. (the “Parent”) and certain Subsidiaries thereof, as
guarantors (collectively, the “Guarantors”), and Societe Generale, as
hedge provider (the “Hedge Provider”).

 

PRELIMINARY STATEMENTS

 

A.          Reference is
made to each of (i) the Master Transaction Agreement, dated as of August 1,
2006 (as amended by (A) the First Amendment to Master Transaction
Agreement dated as of April 6, 2007, (B) the Second Amendment to
Master Transaction Agreement dated as of December 17, 2007, (C) the
Third Amendment to Master Transaction Agreement dated as of May 12, 2008, (D) the
Fourth Amendment to Master Transaction Agreement dated as of July 31,
2008, (E) the Fifth Amendment to Master Transaction Agreement dated as of September 30,
2008, (F) the Sixth Amendment to Master Transaction Agreement dated as of November 4,
2008, (G) the Seventh Amendment to Master Transaction Agreement dated as
of November 7, 2008, (H) the Eighth Amendment to Master Transaction
Agreement dated as of November 17, 2008, (I) the Ninth Amendment to
Master Transaction Agreement dated as of March 16, 2009, (J) the
Tenth Amendment to the Master Transaction Agreement dated as of May 15,
2009, and (K) the Eleventh Amendment to the Master Transaction Agreement
dated as of May 29, 2009 (the original Master Transaction Agreement, as
amended through the Eleventh Amendment, being herein referred to as the “Master
Transaction Agreement”), among the Counterparty, the Guarantors and the
Hedge Provider, (ii) the ISDA Master Agreement (as defined in the Master
Transaction Agreement and amended to date), (iii) the Credit Agreement (as
defined in the Master Transaction Agreement and amended to date), and (iv) the
Intercreditor Agreement (as defined in the Master Transaction Agreement and
amended to date);

 

B.           The
Counterparty and the Guarantors have requested that the Hedge Provider amend the
Master Transaction Agreement;

 

C.           The Hedge
Provider is willing to amend the Master Transaction Agreement on the terms and
conditions set forth herein; and

 

D.          The Hedge
Provider and the Counterparty have agreed to certain other matters relating to
the foregoing as set forth herein.

 

 

AGREEMENT

 

NOW THEREFORE, in
consideration of the premises and the covenants and agreements contained
herein, the parties hereto hereby agree as follows:

 

Section 1.           Definitions.
Unless otherwise specifically provided herein, capitalized terms used but not
defined herein shall have the meanings specified in the Master Transaction
Agreement, the ISDA Master Agreement, the Credit Agreement or the Intercreditor
Agreement (as applicable).

 

Section 2.           Amendments to Master Transaction
Agreement.  The Master Transaction Agreement
is hereby amended as set forth below, which amendments shall be effective as of
the date (the “Amendment Effective Date”) on which the requirements set
forth in Section 4 of this Amendment are satisfied:

 

(a)           Section 1.01 of the Master
Transaction Agreement is hereby amended to add the following definitions in
their appropriate alphabetical order:

 

“Accrued Payments” means $2,999,000, which amount represents all
amounts as of June 8, 2009 (other than the Extension Fee and the
Management Fee) which have accrued and would otherwise be payable by the
Counterparty to the Hedge Provider (without any provision for netting that may
otherwise be applicable under the Master Transaction Agreement or the ISDA
Master Agreement) on or before June 30, 2009 under the Master Transaction
Agreement and the ISDA Master Agreement.

 

“Accrued Receipts” means $1,314,000, which amount represents all
amounts as of June 8, 2009 which have accrued and would otherwise be
payable by the Hedge Provider to the Counterparty (without any provision for
netting that may otherwise be applicable under the Master Transaction Agreement
or the ISDA Master Agreement) on or before June 30, 2009 under the Master
Transaction Agreement and the ISDA Master Agreement.

 

“Determination Date” means each Business Day.

 

“Extension Fee” means an amount equal to $1,000,000 payable by
the Counterparty to the Hedge Provider pursuant to Section 3 of the
Twelfth Amendment, which fee shall include any amount otherwise payable as a
Management Fee by the Counterparty under the terms of the Master Transaction
Agreement for the period ended August 1, 2009.

 

“Release Date” means the date, if any, on which the Hedge
Provider is replaced under the Hedge Facility by novation or otherwise, and on
which all Obligations of the Counterparty under the Hedge Facility are paid in
full or otherwise satisfied, and no further commitment is provided by or
available from the Hedge Provider under the Hedge Facility.

 

 

“Twelfth Amendment” means the Twelfth Amendment to Master
Transaction Agreement, dated as of June 8, 2009, by and among the
Counterparty, the Parent, the Guarantors and the Hedge Provider.

 

“Unearned Extension Fee” means the lesser of (i) $750,000
and (ii) an amount equal to (A) $1,000,000 times (B) a fraction,
the numerator of which is the number of days from (but excluding) the Release
Date to (and including) July 31, 2009, and the denominator of which is 31
(i.e., the number of days from (but excluding) June 30, 2009 to (and
including) July 31, 2009).

 

“Unsecured Exposure” means, as determined by the Hedge Provider
as of any Determination Date, the amount by which the aggregate Exposure (as
defined in the ISDA Credit Support Annex) of the Hedge Provider (in its
capacity as Secured Party under the ISDA Credit Support Annex) for all Hedging
Transactions in effect on such date exceeds the Value of any Posted Collateral
provided by the Counterparty, as Pledgor under the ISDA Credit Support Annex,
as of such date.

 

(b)           The fourth and fifth paragraphs of the definition of “Milestone”
contained in Section 1.01 of the Master Transaction Agreement are hereby
amended and restated in their entirety as follows:

 

“(iv) 
June 30, 2009, the Counterparty shall deliver to the Hedge Provider written
evidence satisfactory to the Hedge Provider of either (A) the commencement
of an exchange offer (or other similar offer as contemplated by or defined in
any applicable Federal securities laws) by the Parent for partial payment,
conversion and restructuring of not less than 70% of the outstanding principal
amount of its Senior Unsecured Floating Rate Notes on or prior to July 31,
2009, or (B) a binding commitment, in form and substance satisfactory to
the Hedge Provider and not involving a financing from any of the Lenders, for
the replacement of the Hedge Provider under the Hedge Facility, or otherwise
for the satisfaction and payment in full of all outstanding Obligations of the
Counterparty under the Hedge Facility; and

 

(v)  July 31, 2009, a Liquidity Event
shall be consummated.”

 

(c)           Section 2.06(a) of
the Master Transaction Agreement is hereby amended to delete “June 8, 2009”
(as provided for in the Eleventh Amendment to Master Transaction Agreement,
dated as of May 29, 2009) and to insert in lieu thereof “July 31,
2009”.

 

 

(d)           Section 7.01 of
the Master Transaction Agreement is hereby amended to add the following “Specified
Events” as new paragraphs (l) and (m) of such Section 7.01:

 

“(l)          The Counterparty
shall fail to pay in full when due the Extension Fee and all Accrued Payments
as required under Section 3(a) of the Twelfth Amendment; or

 

(m)          At any time
subsequent to the effectiveness of the Twelfth Amendment (i) the
Counterparty shall fail to maintain a Borrowing Base Availability (as defined
in the Credit Agreement) in an amount at least equal to $10,000,000, as
reported by the Counterparty in its most recent Borrowing Base Report provided
to the Administrative Agent pursuant to Section 5.06(e) of the Credit
Agreement, or (ii) the definition of Borrowing Base contained in the
Credit Agreement as of the effective date of this Twelfth Amendment shall be
amended, or any provision thereof shall be waived, in either case without the
prior written consent of the Hedge Provider. 
For purposes of determining the Borrowing Base on any date, the amount deducted
as the Swap Termination Value of the Swap Contracts (as each such term is
defined in the Credit Agreement) with respect to all Hedge Transactions in
effect on such date shall be the Unsecured Exposure as of such date.”

 

(e)           Section 5.06 of the Master Transaction Agreement is
hereby amended by adding a new paragraph “(l)” immediately following paragraph (k) of
such Section to read as follows:

 

“(l)          Borrowing Base
Reports.  The Company shall provide
to the Hedge Provider (i) a copy of each Borrowing Base Report provided to
the Administrative Agent pursuant to Section 5.06(e) of the Credit
Agreement, and (ii) immediate written notice of any proposed modification
or waiver of any provision of the definition of the term “Borrowing Base”
contained in the Credit Agreement as of the effective date of this Twelfth
Amendment.”

 

Section 3.           Payment
of Extension Fee and Accrued Payments; Payment of Accrued Receipts; Rebate of
Unearned Extension Fee.

 

(a)           The Counterparty and the Guarantors
hereby agree to pay to the Hedge Provider, in immediately available funds not
later than 4:00 p.m. New York time on June 12, 2009, an amount equal
to the sum of (i) the Extension Fee and (ii) the Accrued Payments.

 

(b)           The Hedge Provider shall pay to the Counterparty, in
immediately available funds not later than 4:00 p.m. on the second (2nd ) Business Day following the Release Date, an amount
equal to the sum of (i) the Accrued Receipts and (ii) the Unearned
Extension Fee.

 

Section 4.           Conditions to Effectiveness.  This Amendment shall be effective on the date on
which the Hedge Provider shall have received each of the following, in form and
substance satisfactory to the Hedge Provider:

 

(a)         written evidence in form and substance satisfactory to the
Hedge Provider that (i) the stated expiration date of the Letter of Credit
provided by the Counterparty pursuant to the Master Transaction Agreement in
the amount of $35,000,000 has been extended to August 24, 2009, 

 

 

(ii) the Administrative Agent and the Lenders shall have consented
to the terms and conditions set forth in this Amendment and shall have waived
compliance by the Counterparty with any of the terms and conditions of the
Credit Agreement or the other Loan Documents as may be necessary in connection
with this Amendment and the performance by the Counterparty of its obligations
hereunder, and (iii) any and all third party consents or waivers required
in connection with this Amendment have been obtained;

 

(b)         counterparts of this Amendment, duly executed and delivered
by the Counterparty and the Guarantors;

 

(c)         written evidence of corporate authority satisfactory to the
Hedge Provider, which may include an opinion of outside counsel, regarding the
authority of Counterparty and all Guarantors to execute and deliver this
Amendment and to fulfill their respective obligations hereunder; and

 

(d) (i) an amendment to the
Intercreditor Agreement providing for the amendment of the term “Secured
Counterparty Primary Collateral” to include all rights, whether now owned or
hereafter acquired, and proceeds therefrom under (A) all contracts of the
Counterparty or any of its Subsidiaries for the sale of electricity or gas or
related products to one of the customers of the Counterparty or such Subsidiary
(1) for which the Hedge Provider provides (x) any of the electricity
or gas or related products or (y) commodity price hedging or futures sales
of commodities, and (2) in which a Lien is granted or purported to be
granted to the Hedge Provider as security for any Obligation owing to the Hedge
Provider, excluding, however, accounts (as defined in the UCC) with respect to
such contracts, whether now owned or hereafter acquired, and all proceeds from
such accounts, and (B) all Collateral Accounts and Collateral Account
Property (as each such term is defined in the Intercreditor Agreement), and (ii) such
other documents, amendments, filings or other instruments as may be required to
establish and perfect for the benefit of the Hedge Provider a first lien on the
Secured Counterparty Primary Collateral.

 

Section 5.            Representations and Warranties.
Each Transaction Party hereby jointly and severally represents and warrants to
the Hedge Provider that, as of the Amendment Date and as of the Amendment
Effective Date:

 

(a)         all representations and warranties of such Transaction Party
contained in the Master Transaction Agreement and any other Transaction
Document are true and correct in all material respects with the same effect as
if such representations and warranties had been made on the Amendment Date (it
being understood and agreed that any representation which by its terms is made
as of a specified date shall be required to be true and correct only as of such
specified date);

 

(b)         no Specified Event, and no Event of Default, Termination
Event or Third Party Hedge Agreement Specified Event on the part of any
Transaction Party, has occurred and is continuing;

 

(c)         no authorization, approval, consent, waiver or other action
by, and no notice to or filing with, any Governmental Authority or any other
Person is required for the due execution, delivery and performance by any
Transaction Party of this Amendment;

 

 

(d)         this Amendment has been duly authorized by all necessary
corporate or other organizational action of each Transaction Party and has been
duly executed and delivered by each Transaction Party; and

 

(e)         this Amendment and the Master Transaction Agreement (as amended
by this Amendment) constitutes a legal, valid and binding obligation of each
Transaction Party, enforceable against each Transaction Party in accordance
with its terms.

 

Section 6.            Release.  As a material part of the consideration for
the Hedge Provider to enter into this Amendment, each Transaction Party, on
behalf of itself and its officers, directors, equity holders, Affiliates,
successors and assigns, hereby releases and forever discharges the Hedge
Provider and their respective predecessors, officers, managers, directors,
shareholders, employees, agents, attorneys, representatives, subsidiaries, and
Affiliates (each a “Hedge Party”) from any and all claims, expenses,
costs, causes of actions or other losses or liabilities of any nature whatsoever
existing on the Twelfth Amendment Effective Date, including, without
limitation, all claims, expenses, costs, causes of actions or other losses or
liabilities for or in respect of contribution and indemnity, whether arising at
law or in equity, whether liability be direct or indirect, liquidated or
unliquidated, whether absolute or contingent, foreseen or unforeseen, and
whether or not heretofore asserted, which any Transaction Party may have or
claim to have against any Hedge Party under, arising out of, in connection
with, or in any way related to, this Amendment or any Hedge Documents.  For the avoidance of doubt, the provisions of
this clause shall survive any termination of the Master Transaction Agreement,
as amended hereby.

 

Section 7.            Consent of Guarantors;
Confirmation of Guarantees and Transaction Documents. Each Guarantor hereby
consents to the execution, delivery and performance of this Amendment and
hereby confirms and agrees that, notwithstanding the effectiveness of this
Amendment, the Guarantee contained in Article VIII of the Master
Transaction Agreement and the terms and provisions of each other Transaction
Document are, and each of the same shall continue to be, in full force and
effect and are hereby ratified and confirmed in all respects.

 

Section 8.            Governing Law. This Amendment
shall be governed by, and construed and enforced in accordance with. the
internal laws of the State of New York without regard to conflict of laws
principles.

 

Section 9.            Entire Agreement Transaction
Document.  Except to the extent specifically
modified and amended by this Amendment, the Master Transaction Agreement shall
remain in full force and effect and is hereby ratified and confirmed. This
Amendment, the Master Transaction Agreement and the other Transaction Documents
constitute the entire agreement and understanding among the parties and
supersede all prior agreements and understandings, whether written or oral,
among the parties hereto concerning the transactions provided herein and
therein. This Amendment is and shall be deemed to he a Transaction Document in
all respects and for all purposes.

 

 

Section 10.          Execution in Counterparts. This
Amendment may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall
be deemed to be an original and all of which taken together shall constitute
one and the same agreement. Delivery of an executed counterpart of a signature page to
this Amendment by facsimile shall be as effective as delivery of a manually
executed counterpart of this Amendment.

 

Section 11.          Headings. The headings set
forth in this Amendment are and shall be without substantive meaning or content
of any kind whatsoever and are not a part of the agreement between the parties hereto.

 

Section 12.          Severability. In case any
provision in or obligation under this Amendment shall be invalid, illegal or
unenforceable in any jurisdiction, the validity, legality and enforceability of
the remaining provisions or obligations, or of such provision or obligation in
any other jurisdiction, shall not in any way be affected or impaired thereby.

 

Section 13.          Legal Fees; No Novation Fees. In
addition to the other payments provided for herein, Counterparty and the
Guarantors shall pay promptly upon request by the Hedge Provider all legal fees
incurred by the Hedge Provider in connection with this Amendment.  The Hedge Provider agrees that, except as
otherwise set forth herein, no additional fees shall be due from the
Counterparty or the Guarantors in respect of the novation of the Hedge Facility
or any similar transaction related to Hedge Facility entered into by the
Counterparty in furtherance of the requirements of the Milestones set forth herein,
other than amounts representing costs and expenses actually and reasonably
incurred by the Hedge Provider in connection therewith and any amount payable
in respect of the value of the Hedge Facility.

 

Section 14.          No Novation. The parties intend
that the execution and delivery of this Amendment shall not constitute a
novation of either Agreement or any Transactions thereunder.

 

[Remainder of page intentionally
left blank]

 

 

IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective duly authorized officers as of the
Amendment Date.

 

	
   

  	
  COUNTERPARTY:

  
	
   

  	
   

  
	
   

  	
  MXENERGY
  INC.

  
	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  
	
   

  	
   

  
	
   

  	
  GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  MXENERGY
  ELECTRIC INC. 

  
	
   

  	
  MXENERGY
  HOLDINGS INC. 

  
	
   

  	
  ONLINE
  CHOICE INC.

  
	
   

  	
  MXENERGY GAS CAPITAL HOLDINGS CORP. 

  
	
   

  	
  MXENERGY ELECTRIC CAPITAL HOLDINGS 

  
	
   

  	
  CORP.

  
	
   

  	
  MXENERGY
  GAS CAPITAL CORP. 

  MXENERGY ELECTRIC CAPITAL CORP. 

  MXENERGY CAPITAL HOLDINGS CORP. 

  MXENERGY CAPITAL CORP. 

  MXENERGY SERVICES INC.

  
	
   

  	
   

  
	
   

  	
  INFOMETER.COM
  INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU PARIKH

  
	
   

  	
   

  	
  Vice President and Chief
  Financial Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  HEDGE
  PROVIDER:

  
	
   

  	
   

  
	
   

  	
  SOCIETE
  GENERALE

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/GONZAGUE BATAILLE

  
	
   

  	
   

  	
  Managing Director

  
	
   

  	
   

  	
  Head of Commodity Markets 

  The AmericasExhibit 10.3

 

AMENDMENT NO. 3

 

This Amendment No. 3
dated as of June 8, 2009 (this “Amendment”) is among (a) Société
Générale, as Administrative Agent (in such capacity, with its successors and
assigns, the “Credit Agreement Representative”) for the Credit Agreement
Secured Parties, (b) Société Générale, as a Secured Counterparty (“Secured
Counterparty”), (c) Denham Commodity Partners Fund LP (formerly Sowood
Commodity Partners Fund LP), a Delaware limited partnership (together with its
successors and assigns, “Sowood”), and (d) MxEnergy Holdings Inc.,
a Delaware corporation, MxEnergy Inc., a Delaware corporation (“MxEnergy”),
MxEnergy Electric Inc., a Delaware corporation (“MxElectric”, and
together with MxEnergy, the “Borrowers”), and certain of their respective
subsidiaries party thereto (the “Intercreditor Parties”).

 

INTRODUCTION

 

A.                                   The Borrowers,
the Parent, the other Loan Parties, the Credit Agreement Representative and
certain financial institutions are parties to a Third Amended and Restated
Credit Agreement dated as of November 17, 2008 (as amended, supplemented,
restated, or otherwise modified from time to time, the “Restated Credit
Agreement”) pursuant to which such financial institutions have agreed to
make loans and extend other financial accommodations to the Borrowers.

 

B.                                     MxEnergy,
certain of the other Loan Parties, and the Secured Counterparty are parties to
the Master Transaction Agreement dated as of August 1, 2006, as amended
through the Twelfth Amendment to Master Transaction Agreement dated as of June 8,
2009 (the “Twelfth Amendment to Master Transaction Agreement”) pursuant
to which the Secured Counterparty, among other things, provides natural gas
hedging arrangements for MxEnergy (the original Master Transaction Agreement,
as amended through the Twelfth Amendment to Master Transaction Agreement and as
further amended, supplemented, restated, or otherwise modified from time to
time, the “Master Transaction Agreement”).

 

C.                                     The Borrowers
have requested, and, upon this Amendment becoming effective, the other
Intercreditor Parties have agreed, that certain provisions of the Subordination
and Intercreditor Agreement dated as of December 19, 2005, as amended by
Amendment No. 1 dated as of August 1, 2006 and Amendment No. 2
dated as of November 7, 2008 (the original Intercreditor Agreement as so
amended, the “Intercreditor Agreement”) among the Intercreditor Parties
be amended in the manner provided for in this Amendment.

 

Therefore, the parties to
this Amendment hereby agree as follows:

 

Section 1.                                            Defined Terms. 
Except to the extent specifically provided otherwise herein, capitalized
terms not defined herein but defined in the Intercreditor Agreement and used
herein shall have the meanings given to such terms in the Intercreditor
Agreement.

 

Section 2.                                            Amendment to Intercreditor Agreement. 
In Section 1 of the Intercreditor Agreement, the definition of “Secured
Counterparty Primary Collateral” is amended in its entirety to read as follows:

 

 

“Secured Counterparty
Primary Collateral” means, with respect to each Secured Counterparty, all
rights, whether now owned or hereafter acquired, and proceeds therefrom under (a) all
contracts of the Borrower or any of its Subsidiaries for the sale of
electricity or gas or related products to one of such Loan Party’s customers (i) for
which such Secured Counterparty provides (A) any of the electricity or gas
or related products or (B) commodity price hedging or futures sales of
commodities, and (ii) in which a Lien is granted or purported to be
granted to such Secured Counterparty as security for any Secured Counterparty
Obligation owing to such Secured Counterparty, excluding, however, accounts (as
defined in the UCC) with respect to such contracts, whether now owned or
hereafter acquired, and all proceeds from such accounts and (b) all
Collateral Accounts and Collateral Account Property.

 

Section 3.                                            Conditions to Effectiveness. 
This Amendment shall become effective on the date (the “Amendment
Effective Date”) on which all Intercreditor Parties shall have executed and
delivered this Amendment.

 

Section 4.                                            Miscellaneous.

 

(a)                                  Representation and Warranties. 
Each Intercreditor Party hereby represents and warrants to each other
Intercreditor Party, as of the Amendment Effective Date, that:

 

(i)                                     Corporate Power; Authorization;
Enforceable Obligations.

 

(1)                                  Such Intercreditor Party has the
corporate power and authority, and the legal right, to execute, deliver, and
perform its obligations under this Amendment, and has taken all necessary
corporate or other organizational action to authorize the execution, delivery
and performance of this Amendment.

 

(2)                                  No consent or authorization of, approval
by, notice to, filing with or other act by or in respect of, any Governmental
Authority or any other Person is required in connection with the execution and
delivery of this Amendment or with the performance, validity or enforceability
of this Amendment.

 

(3)                                  This Amendment has been duly executed and
delivered on behalf of such Intercreditor Party.

 

(4)                                  This Amendment constitutes a legal, valid
and binding obligation of such Intercreditor Party, enforceable against such
Intercreditor Party in accordance with its terms, except as affected by
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and
other similar laws relating to or affecting the enforcement of creditors’
rights generally, general equitable principles (whether considered in a
proceeding in equity or at law) and an implied covenant of good faith and fair
dealing.

 

 

(ii)                                  No Legal Bar. 
The execution, delivery and performance of this Amendment will not
violate any applicable law or contractual obligation of such Intercreditor
Party and will not result in, or require, the creation or imposition of any
Lien on any of its or their respective properties or revenues pursuant to any
such applicable law or contractual obligation.

 

(b)                                 Costs and Expenses. 
The Borrowers agree to pay all of the out-of-pocket costs and reasonable
expenses incurred by the other Intercreditor Parties in connection with this Amendment,
any other documents prepared in connection herewith and the transactions
contemplated hereby, including, without limitation, the reasonable fees and
disbursements of its counsel.

 

(c)                                  No Other Amendments; Confirmation. 
Except as expressly amended, modified and supplemented hereby, the
provisions of the Intercreditor Agreement are and shall remain in full force
and effect.

 

(d)                                 Governing Law. 
This Amendment and the rights and obligations of the parties hereto
shall be governed by, and construed and interpreted in accordance with, the
laws of the State of New York, without regard to principles of conflicts of
laws thereof (other than Sections 5-1401 and 5-1402 of the New York General
Obligations Law).

 

(e)                                  Counterparts. 
This Amendment may be executed by one or more of the Intercreditor
Parties on any number of separate counterparts, and all of said counterparts
taken together shall be deemed to constitute one and the same instrument.  This Amendment may be delivered by facsimile
transmission of the relevant signature pages hereof.

 

 

IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.

 

	
   

  	
  SOCIÉTÉ
  GÉNÉRALE, as Credit Agreement Representative for and on behalf of the Credit
  Agreement Secured Parties

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/BARBARA
  PAULSEN

  
	
   

  	
  Name:

  	
   

  	
  Barbara
  Paulsen

  
	
   

  	
  Title:

  	
   

  	
  Managing
  Director

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/CHUNG-TAEK
  OH

  
	
   

  	
  Name:

  	
   

  	
  Chung-Taek
  Oh

  
	
   

  	
  Title:

  	
   

  	
  Vice
  President

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SOCIÉTÉ
  GÉNÉRALE, as Secured Counterparty

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/
  GONZAGUE BATAILLE

  
	
   

  	
  Name:

  	
   

  	
  Gonzague
  Bataille

  
	
   

  	
  Title:

  	
   

  	
  Managing
  Director

  Head
  of Commodity Markets

  The
  Americas

  

 

 

	
   

  	
  MXENERGY
  INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  MXENERGY
  ELECTRIC INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  MXENERGY
  HOLDINGS INC.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ONLINE
  CHOICE INC.

  
	
   

  	
  MXENERGY
  GAS CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY ELECTRIC CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY GAS CAPITAL CORP.

  
	
   

  	
  MXENERGY ELECTRIC CAPITAL CORP.

  
	
   

  	
  MXENERGY
  CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY
  CAPITAL CORP.

  
	
   

  	
  INFOMETER.COM
  INC.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  MXENERGY
  SERVICES INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHAITU
  PARIKH

  
	
   

  	
   

  	
  Vice
  President and Chief Financial Officer

  

 

 

	
   

  	
  DENHAM
  COMMODITY PARTNERS FUND LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  DENHAM
  COMMODITY PARTNERS GP LP, its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Denham
  GP LLC, its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/JOHN
  P. COLLINS

  
	
   

  	
   

  	
  John
  Collins

  
	
   

  	
   

  	
  Authorized
  Person

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}]]