Document:

EX-10.152

Exhibit 10.152

WARRANT AGENT AGREEMENT

     WARRANT AGENT AGREEMENT (this “Agreement”), dated as of June 10, 2008, between Mechanical
Technology, Incorporated, a New York corporation (the “Company”), and American Stock Transfer &
Trust Company, as Warrant Agent (the “Warrant Agent”).

     WHEREAS, the Company desires the Warrant Agent to act on behalf of the Company, and the
Warrant Agent is willing so to act, in connection with the issuance of warrants (the “Warrants”) to
purchase shares of common stock, $0.01 par value, of the Company and other matters as provided
herein;

     NOW, THEREFORE, in consideration of the promises and the mutual agreements herein set forth,
the parties hereto agree as follows:

     Section 1. Appointment of Warrant Agent. The Company hereby appoints the Warrant
Agent to act as agent for the Company in accordance with the provisions of the Warrants and this
Agreement, and the Warrant Agent hereby accepts such appointment.

     Section 2. Form of Warrants; Incorporation by Reference. The Warrants shall be in
registered form only and shall be substantially in the form set forth in Exhibit A attached
hereto. The terms and provisions of the Warrants are hereby incorporated by reference herein and
made a part hereof.

     Section 3. Indemnification; Limitation of Liability.

     (a) The Company agrees to indemnify the Warrant Agent and its officers, directors, employees
and agents for, and to hold them harmless against, any loss, claim, liability or expense, incurred
without gross negligence, willful misconduct or bad faith on the part of the Warrant Agent or any
such officer, director, employee or agent, arising out of or in connection with the administration
of the Warrants, including the costs and expenses of defending against any claim or liability
arising out of or resulting from the administration of the Warrants or in connection with the
exercise or performance of any of its powers or duties hereunder or under the Warrants.

     (b) The obligations of the Company under this Section 3 shall survive any termination of this
Agreement, including any termination under any bankruptcy, insolvency or similar law, or any
removal or resignation of the Warrant Agent.

     Section 4. Notices. Any notice to be given by one party hereto to the other party
hereto shall be sufficiently given if delivered in person or by facsimile transmission or duly sent
by first class registered or certified mail, return receipt requested, postage prepaid, or by
overnight courier, or by electronic mail, with a copy thereof to be sent by mail (as aforesaid)
within twenty-four (24) hours of such electronic mail, addressed to:

 

 

if to the Company, to:

Mechanical Technology, Incorporated

431 New Karner Road

Albany, New York 12205

Attention: Chief Financial Officer

Facsimile: (518) 533-2201

if to the Warrant Agent, to:

American Stock Transfer & Trust Company

59 Maiden Lane

New York, NY 10038

Attention: Isaac Kagan, Vice President

Facsimile: (718) 921-8334

     SECTION 5. Termination. This Agreement shall terminate upon the earlier of (a) the
expiration of the Warrants, or (b) the resignation or removal of the Warrant Agent, in each case
pursuant to the terms of the Warrants.

     SECTION 6. Governing Law. THIS AGREEMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER
THE LAWS OF THE STATE OF NEW YORK AND FOR ALL PURPOSES SHALL BE CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK.

     SECTION 7. Counterparts. This Agreement may be executed in any number of counterparts
and each of such counterparts shall for all purposes be deemed to be an original, and all such
counterparts shall together constitute but one and the same instrument.

[Signature Page Follows]

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

	 	 	 	 	 
	 	MECHANICAL TECHNOLOGY, INCORPORATED

 	 
	 	By:  	/s/
Cynthia A. Scheuer
 	 
	 	 	Name:  	Cynthia A. Scheuer 	 
	 	 	Title:  	Vice President, Chief Financial Officer,
and Secretary 	 
	 

	 	 	 	 	 
	 	AMERICAN STOCK TRANSFER & TRUST COMPANY, as Warrant Agent

 	 
	 	By:  	/s/ Felix Orihuela
 	 
	 	 	Name:  	Felix Orihuela 	 
	 	 	Title:  	Vice President 	 
	 

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Exhibit A

THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE SOLD, OFFERED FOR SALE, ASSIGNED,
TRANSFERRED, OR OTHERWISE DISPOSED OF, UNLESS REGISTERED PURSUANT TO THE PROVISIONS OF THE
SECURITIES ACT OR AN OPINION OF COUNSEL IS OBTAINED STATING THAT SUCH DISPOSITION IS IN COMPLIANCE
WITH AN AVAILABLE EXEMPTION FROM SUCH REGISTRATION.

Dated _______, 2008

MECHANICAL TECHNOLOGY, INCORPORATED

Warrant for the Purchase of Shares of Common Stock

No. W-     

     THIS CERTIFIES that, for value received, ___and its registered assigns (the
“Holder”), is entitled to subscribe for and purchase from Mechanical Technology,
Incorporated, a New York corporation (the “Company”), up to ___fully paid and
nonassessable shares (the “Warrant Shares”) of common stock, $0.01 par value, of the
Company (the “Common Stock”) at an exercise price of $  per share (the “Exercise
Price”) subject to adjustment as provided in Section 3 hereof, at any time or from time to time
during the period (the “Exercise Period”) commencing on the date hereof and ending on the
five (5) year anniversary of the date hereof (the “Expiration Date”). At 6:30 p.m. (New
York City time) on the Expiration Date, the portion of this warrant (this “Warrant”) not
exercised prior thereto shall be and become void and of no value.

     1. Exercise of Warrant.

          (a) The rights represented by this Warrant may be exercised by the Holder hereof, in whole or
in part, at any time and from time to time during the Exercise Period, by (i) delivery of written
notice to American Stock Transfer & Trust Company (the “Warrant Agent”) in the form
attached as Exhibit A hereto (the “Exercise Notice”) at least five (5) Trading Days
(defined below) prior to the date of exercise of this Warrant, (ii) the surrender of this Warrant
(properly endorsed) at the office of the Warrant Agent, or at such other agency or office of the
Warrant Agent in the United States of America as it may designate by notice in writing to the
Holder hereof at the address of such Holder appearing on the records of the Warrant Agent
maintained for such purpose, and (iii) delivery of payment to the Warrant Agent of the Exercise
Price for the Warrant Shares being purchased no later than 10:30 a.m. (New York City time) on the
date of exercise of this Warrant. In the event of the exercise of the rights represented by this
Warrant, a certificate or certificates for the Warrant Shares so purchased, registered in the name
of the Holder, and if such exercise shall not have been for all Warrant Shares, a new Warrant,
registered in the name of the Holder hereof, of like tenor to this Warrant, shall be delivered to
the Holder hereof within a reasonable time, not exceeding five (5) Trading Days, after the rights
represented by this Warrant shall have been so exercised. The person in whose name any

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certificate for Warrant Shares is issued upon exercise of this Warrant shall for all purposes
be deemed to have become the holder of record of such Warrant Shares on the date on which the
Warrant was surrendered and payment of the Exercise Price and any applicable taxes was made,
irrespective of the date of delivery of such certificate, except that, if the date of such
surrender and payment is a date when the stock transfer books of the Company are closed, such
person shall be deemed to have become the holder of such Warrant Shares at the close of business on
the next succeeding date on which the stock transfer books are open.

          (b) The Warrant Agent shall notify the Company immediately upon receipt by the Warrant Agent
of a notice by the Holder of this Warrant and upon receipt of payment of the applicable Exercise
Price from such Holder pursuant to clause (a) of this Section 1. The Warrant Agent shall transfer
each payment made by the Holder hereof pursuant to clause (a) of this Section 1 to the Company in
immediately available funds no later than 1:00 p.m. (New York City time) on the date of exercise of
the Warrant (and, pending such transfer, shall hold each such payment for the benefit of the Holder
hereof in a segregated trust account).

          (c) For purposes of this agreement, “Trading Day” means: (i) any day on which the
Common Stock is listed and traded on The Nasdaq Global Market, or (ii) if the Common Stock is not
then listed and traded on The Nasdaq Global Market, then a day on which trading occurs on any of
the New York Stock Exchange, the American Stock Exchange, or any other market which is a part of
The Nasdaq Stock Market (each, an “Eligible Market”) (or any successor thereto), or (iii)
if trading ceases to occur on an Eligible Market (or any successor thereto), any day other than
Saturday, Sunday, or other day on which commercial banks in New York City are authorized or
required by law to remain closed.

          (d) In addition to any other rights available to a Holder, if the Warrant Agent fails to
deliver to the Holder a certificate representing Warrant Shares by the third (3rd) Trading Day
after the date on which delivery of such certificate is required by this Warrant, and if after such
third (3rd) Trading Day the Holder purchases (in an open market transaction or otherwise) shares of
Common Stock to deliver in satisfaction of a bona fide sale by the Holder of the Warrant Shares
that the Holder anticipated receiving from the Warrant Agent (a “Buy-In”), then the Company
shall, within three (3) Trading Days after the Holder’s request and in the Holder’s discretion,
either: (i) pay cash to the Holder in an amount equal to the closing price of the Common Stock, as
listed on the Eligible Market (the “Closing Price”), on the date of such purchase by the
Holder (plus brokerage commissions, if any) for the shares of Common Stock so purchased less the
Exercise Price (the “Buy-In Price”), at which point the Warrant Agent’s obligation to
deliver such certificate (and the Company’s obligation to issue such Common Stock) shall terminate,
or (ii) cause the Warrant Agent to promptly honor its obligation to deliver to the Holder a
certificate or certificates representing such Common Stock and pay cash to the Holder in an amount
equal to the excess (if any) of the Buy-In Price over the product of: (A) such number of shares of
Common Stock, times (B) the Closing Price on the date of the event giving rise to the Warrant
Agent’s obligation to deliver such certificate.

          (e) The Company’s obligations to issue and cause the Warrant Agent to deliver Warrant Shares
in accordance with the terms hereof are absolute and unconditional upon satisfaction by the Holder
of the conditions to exercise this Warrant set forth in subsection (a) above, irrespective of any
action or inaction by the Holder to enforce the same, any waiver or

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consent with respect to any provision hereof, the recovery of any judgment against any person
or any action to enforce the same, or any setoff, counterclaim, recoupment, limitation, or
termination, or any breach or alleged breach by the Holder or any other person of any obligation to
the Company (other than the Holder’s obligations with respect to the exercise hereof in accordance
with sub-section (a) above), or any violation or alleged violation of law by the Holder or any
other person, and irrespective of any other circumstance which might otherwise limit such
obligations of the Company or the Warrant Agent to the Holder in connection with the issuance of
Warrant Shares. Nothing herein shall limit a Holder’s right to pursue any other remedies available
to it hereunder, at law or in equity including, without limitation, a decree of specific
performance and/or injunctive relief with respect to the Warrant Agent’s failure to timely deliver
certificates representing shares of Common Stock upon exercise of the Warrant as required pursuant
to the terms hereof.

     2. Payment of Exercise Price. The Holder shall pay the Exercise Price in immediately
available funds; provided, however, that if at any time there is no effective
registration statement registering the issuance of the Warrant Shares or no current prospectus
available for the resale of the Warrant Shares by the Holder, the Holder may satisfy its obligation
to pay the Exercise Price through a “cashless exercise,” in which event the Company shall issue to
the Holder the number of Warrant Shares determined as follows:

     X = Y [(A-B)/A]

where:

	 	X =	 	the number of Warrant Shares to be issued to the Holder.
	 
	 	Y =	 	the number of Warrant Shares with respect to which this
Warrant is being exercised.
	 
	 	A =	 	the arithmetic average of the Closing Prices for the five (5)
Trading Days immediately prior to (but not including) the Exercise Date.
	 
	 	B =	 	the Exercise Price.

     3. Adjustment of Exercise Price. The Exercise Price and number of Warrant Shares
issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in
this Section 3.

          (a) Stock Dividends and Splits. If the Company, at any time while this Warrant is
outstanding: (i) pays a stock dividend on its Common Stock or otherwise makes a distribution on any
class of capital stock that is payable in shares of Common Stock, (ii) subdivides outstanding
shares of Common Stock into a larger number of shares, or (iii) combines outstanding shares of
Common Stock into a smaller number of shares, then in each such case the Exercise Price shall be
multiplied by a fraction of which the numerator shall be the number of shares of Common Stock
outstanding immediately before such event and of which the denominator shall be the number of
shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to
clause (i) of this paragraph shall become effective immediately after the record date for the
determination of stockholders entitled to receive such

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dividend or distribution, and any adjustment pursuant to clause (ii) or (iii) of this
paragraph shall become effective immediately after the effective date of such subdivision or
combination.

          (b) Fundamental Transactions. If, at any time while this Warrant is outstanding: (i)
the Company effects any merger or consolidation of the Company with or into another person and the
Company is not the surviving party, (ii) the Company effects any sale of all or substantially all
of its assets in one or a series of related transactions, (iii) any tender offer or exchange offer
(whether by the Company or another person) is completed pursuant to which holders of Common Stock
are permitted to tender or exchange their shares for other securities, cash, or property, or (iv)
the Company effects any reclassification of the Common Stock or any compulsory share exchange
pursuant to which the Common Stock is effectively converted into or exchanged for other securities,
cash, or property (other than as a result of a subdivision or combination of shares of Common Stock
covered by Section 3(a) above) (in any such case, a “Fundamental Transaction”;
provided, however, that in no event shall the sale of all or substantially all of
the assets related to the Company’s test and instrumentation business be deemed to be a Fundamental
Transaction), then the Holder shall have the right thereafter to receive, upon exercise of this
Warrant, the same amount and kind of securities, cash, or property as it would have been entitled
to receive upon the occurrence of such Fundamental Transaction if it had been, immediately prior to
such Fundamental Transaction, the holder of the number of Warrant Shares then issuable upon
exercise in full of this Warrant (the “Alternate Consideration”). The aggregate Exercise
Price for this Warrant will not be affected by any such Fundamental Transaction, but the Company
shall apportion such aggregate Exercise Price among the Alternate Consideration in a reasonable
manner reflecting the relative value of any different components of the Alternate Consideration. In
the event of a Fundamental Transaction, the Company shall or shall cause the successor or
purchasing person, as the case may be, to execute with the Holder a written agreement providing
that:

     (i) this Warrant shall thereafter entitle the Holder to exercise this Warrant for the
Alternate Consideration in accordance with this Section 3(b),

     (ii) in the case of any such successor or purchasing person, upon such consolidation,
merger, statutory exchange, combination, sale, or conveyance such successor or purchasing
person shall be jointly and severally liable with the Company for the performance of all of
the Company’s obligations under this Warrant, and

     (iii) if registration or qualification is required under the Securities Exchange Act of
1934, as amended (the “Exchange Act”), or applicable state law for the public resale
by the Holder of shares of stock and other securities so issuable upon exercise of this
Warrant, all rights applicable to registration of the Common Stock issuable upon exercise of
this Warrant shall apply to the Alternate Consideration.

     If, in the case of any Fundamental Transaction, the Alternate Consideration includes shares of
stock, other securities, other property, or assets of a person other than the Company or any such
successor or purchasing person, as the case may be, in such Fundamental Transaction, then the
Company shall cause such written agreement to also be executed by such other person and to contain
such additional provisions to protect the interests of the Holder as the Board of Directors of the
Company shall reasonably consider necessary by reason of the foregoing. At the

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Holder’s request, any successor to the Company or surviving entity in such Fundamental
Transaction shall issue to the Holder a new warrant consistent with the foregoing provisions and
evidencing the Holder’s right to purchase the Alternate Consideration for the aggregate Exercise
Price upon exercise thereof. The Company shall cause the terms of any agreement pursuant to which a
Fundamental Transaction is effected to include terms requiring any such successor or surviving
entity to comply with the provisions of this paragraph (b) and ensuring that the Warrant (or any
such replacement security) will be similarly adjusted upon any subsequent transaction analogous to
a Fundamental Transaction.

          (c) Calculations. All calculations under this Section 3 shall be made to the nearest
cent or rounded up to the nearest whole share, as applicable. The number of shares of Common Stock
outstanding at any given time shall not include shares owned or held by or for the account of the
Company, and the disposition of any such shares shall be considered an issue or sale of Common
Stock.

          (d) Notice of Adjustments. Upon the occurrence of each adjustment pursuant to this
Section 3, the Company, at its expense, will promptly compute such adjustment in accordance with
the terms of this Warrant and prepare a certificate setting forth such adjustment, including a
statement of the adjusted Exercise Price and adjusted number or type of Warrant Shares or other
securities issuable upon exercise of this Warrant (as applicable), describing the transactions
giving rise to such adjustments and showing in detail the facts upon which such adjustment is
based. The Company will promptly deliver a copy of each such certificate to the Warrant Agent and
the Warrant Agent will, upon written request from the Holder, promptly deliver a copy of each such
certificate thereto.

     4. Adjustment of Warrant Shares. Upon each adjustment of the Exercise Price as provided
in Section 3, the Holder shall thereafter be entitled to subscribe for and purchase, at the
Exercise Price resulting from such adjustment, the number of Warrant Shares equal to the product of
(i) the number of Warrant Shares existing prior to such adjustment and (ii) the quotient obtained
by dividing (A) the Exercise Price existing prior to such adjustment by (B) the new Exercise Price
resulting from such adjustment. No fractional shares of capital stock of the Company shall be
issued as a result of any such adjustment, and any fractional shares resulting from the
computations pursuant to this paragraph shall be rounded up to the nearest whole share.

     5. No Stockholder Rights. This Warrant shall not entitle the Holder hereof to any voting
rights or other rights as a stockholder of the Company.

     6. Covenants of the Company. The Company shall at all times have authorized and reserved, or
shall authorize and reserve, a sufficient number of shares of its Common Stock to provide for the
exercise of the rights represented by this Warrant.

     7. Assignment, Transfer of Warrant. This Warrant may be assigned by the Holder by
delivery to the Warrant Agent of a completed Form of Assignment attached as Exhibit B hereto. This
Warrant and all rights hereunder are transferable, in whole or in part, at the agency or office of
the Warrant Agent, by the Holder in person or by duly authorized attorney, upon surrender of this
Warrant properly endorsed. Each taker and holder of this Warrant, by taking or holding the same,
consents and agrees that this Warrant, when endorsed, in blank, shall be

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deemed negotiable, and, when so endorsed the holder hereof may be treated by the Company, the
Warrant Agent and all other persons dealing with this Warrant as the absolute owner hereof for any
purposes and as the person entitled to exercise the rights represented by this Warrant, or to the
transfer hereof on the register of the Warrant Agent maintained for such purpose, any notice to the
contrary notwithstanding; but until each transfer on such register, the Company and the Warrant
Agent may treat the registered holder hereof as the owner hereof for all purposes.

     8. Lost, Stolen, Mutilated, or Destroyed Warrant. If this Warrant is lost, stolen,
mutilated, or destroyed, the Warrant Agent may, on such terms as to indemnity or otherwise as it or
the Company may in its or the Company’s discretion impose (which shall, in the case of a mutilated
Warrant, include the surrender thereof), issue a new Warrant of like denomination and tenor as the
Warrant so lost, stolen, mutilated, or destroyed. Any such new Warrant shall constitute an original
contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or
destroyed Warrant shall be at any time enforceable by anyone. The Company hereby agrees to execute
and deliver such new Warrants issued in accordance with this Section 8 as the Warrant Agent shall
request.

     9. Notices. All notices, advices, and communications to be given or otherwise made to
any party to this Warrant shall be deemed to be sufficient if contained in a written instrument
delivered in person or by facsimile transmission or duly sent by first class registered or
certified mail, return receipt requested, postage prepaid, or by overnight courier, or by
electronic mail, with a copy thereof to be sent by mail (as aforesaid) within twenty-four (24)
hours of such electronic mail, addressed to (i) if to the Holder, to such Holder’s address as set
forth in the Warrant Agent’s records or to such other address as such Holder may have furnished to
the other parties hereto in writing in accordance herewith, (ii) if to the Company, to Mechanical
Technology, Incorporated, 431 New Karner Road, Albany, New York 12205 Attention: Chief Financial
Officer, and (iii) if to the Warrant Agent, to American Stock Transfer & Trust Company, 59 Maiden
Lane, New York, New York 10038 Attention: Isaac Kagan. Any such notice or communication shall be
deemed to have been delivered and received (a) in the case of personal delivery or delivery by
facsimile transmission, on the date of such delivery, (b) in the case of nationally recognized
overnight courier, on the next business day after the date when sent, and (c) in the case of
mailing, on the third business day following that on which the piece of mail containing such
communication is posted. As used in this Section 9, “business day” shall mean any day other than a
day on which banking institutions in the state of New York are legally closed for business.

     10. Binding Effect On Successors. Subject to the provisions hereof relating to
Fundamental Transactions, this Warrant shall be binding upon any corporation succeeding the Company
by merger, consolidation, or acquisition of all or substantially all of the Company’s assets.

     11. Descriptive Headings and Governing Law.

          (a) The description headings of the several sections and paragraphs of this Warrant are
inserted for convenience only and do not constitute a part of this Warrant. This Warrant shall be
construed and enforced in accordance with, and the rights of the parties shall be

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governed by, the laws of the state of New York (without giving effect to conflicts of law
principles thereof).

          (b) The Company will not, by amendment of its governing documents or through any
reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of
securities, or any other voluntary action, avoid or seek to avoid the observance or performance of
any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of
all such terms and in the taking of all such action as may be necessary or appropriate in order to
protect the rights of the Holder against impairment. Without limiting the generality of the
foregoing, the Company: (i) will not increase the par value of any Warrant Shares above the amount
payable therefor on such exercise, (ii) will take all such action as may be reasonably necessary or
appropriate in order that the Company may validly and legally issue fully paid and nonassessable
Warrant Shares on the exercise of this Warrant, and (iii) will not close its stockholder books or
records or cause the Warrant Agent to close its register or other records in any manner which
interferes with the timely exercise of this Warrant.

          (c) EACH PARTY AGREES THAT ALL LEGAL PROCEEDINGS CONCERNING THE INTERPRETATIONS, ENFORCEMENT,
AND DEFENSE OF THE TRANSACTIONS CONTEMPLATED BY ANY OF THE TRANSACTION DOCUMENTS (WHETHER BROUGHT
AGAINST A PARTY HERETO OR ITS RESPECTIVE AFFILIATES, DIRECTORS, OFFICERS, STOCKHOLDERS, EMPLOYEES,
OR AGENTS) SHALL BE COMMENCED EXCLUSIVELY IN THE STATE AND FEDERAL COURTS SITTING IN THE CITY OF
NEW YORK, BOROUGH OF MANHATTAN. EACH PARTY HERETO HEREBY IRREVOCABLY SUBMITS TO THE EXCLUSIVE
JURISDICTION OF THE STATE AND FEDERAL COURTS SITTING IN THE CITY OF NEW YORK, BOROUGH OF MANHATTAN
FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR WITH ANY TRANSACTION
CONTEMPLATED HEREBY OR DISCUSSED HEREIN (INCLUDING WITH RESPECT TO THE ENFORCEMENT OF ANY OF THIS
WARRANT), AND HEREBY IRREVOCABLY WAIVES, AND AGREES NOT TO ASSERT IN ANY SUIT, ACTION, OR
PROCEEDING, ANY CLAIM THAT IT IS NOT PERSONALLY SUBJECT TO THE JURISDICTION OF ANY SUCH COURT, THAT
SUCH SUIT, ACTION, OR PROCEEDING IS IMPROPER. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES PERSONAL
SERVICE OF PROCESS AND CONSENTS TO PROCESS BEING SERVED IN ANY SUCH SUIT, ACTION, OR PROCEEDING BY
MAILING A COPY THEREOF VIA REGISTERED OR CERTIFIED MAIL OR OVERNIGHT DELIVERY (WITH EVIDENCE OF
DELIVERY) TO SUCH PARTY AT THE ADDRESS IN EFFECT FOR NOTICES TO IT UNDER THIS WARRANT AND AGREES
THAT SUCH SERVICE SHALL CONSTITUTE GOOD AND SUFFICIENT SERVICE OF PROCESS AND NOTICE THEREOF.
NOTHING CONTAINED HEREIN SHALL BE DEEMED TO LIMIT IN ANY WAY ANY RIGHT TO SERVE PROCESS IN ANY
MANNER PERMITTED BY LAW. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT
OF OR RELATING TO THIS WARRANT OR ANY OF THE TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY. IF EITHER PARTY SHALL COMMENCE AN ACTION OR PROCEEDING TO ENFORCE ANY PROVISIONS
OF THIS WARRANT OR ANY TRANSACTION

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DOCUMENT, THEN THE PREVAILING PARTY IN SUCH ACTION OR PROCEEDING SHALL BE REIMBURSED BY THE
OTHER PARTY FOR ITS REASONABLE ATTORNEYS FEES AND OTHER REASONABLE COSTS AND EXPENSES INCURRED WITH
THE INVESTIGATION, PREPARATION, AND PROSECUTION OF SUCH ACTION OR PROCEEDING.

     12. Fractional Shares. No fractional shares shall be issued upon exercise of this
Warrant. The Company shall, in lieu of issuing any fractional share, pay the Holder entitled to
such fraction a sum in cash equal to such fraction multiplied by the then-effective Exercise Price.

     13. Severability. In case any one or more of the provisions of this Warrant shall be
invalid or unenforceable in any respect, the validity and enforceability of the remaining terms and
provisions of this Warrant shall not in any way be affected or impaired thereby and the parties
will attempt in good faith to agree upon a valid and enforceable provision which shall be a
commercially reasonable substitute therefor, and upon so agreeing, shall incorporate such
substitute provision in this Warrant.

     14. Warrant Agent.

          (a) Registration of Warrants. The Warrant Agent will keep a register in which the
Warrant Agent will provide for the registration of Warrants and the registration of transfers of
Warrants representing whole numbers of Warrants. The Company and the Warrant Agent may treat the
person in whose name any Warrants is registered on such register as the owner thereof for all
purposes, and the Company and the Warrant Agent shall not be affected by any notice to the
contrary.

          (b) Limitation on Liability. The Warrant Agent shall be protected and shall incur no
liability for or in respect of any action taken, suffered or omitted by it in connection with its
administration of the Warrants in reliance upon any instrument of assignment or transfer, power of
attorney, endorsement, affidavit, letter, notice, direction, consent, certificate, statement or
other paper or document in good faith believed by it to be genuine and to be signed, executed and,
where necessary, verified and acknowledged, by the proper person or persons.

          (c) Duties of Warrant Agent. The Warrant Agent shall undertake only the specific
duties and obligations imposed hereunder upon the following terms and conditions, by all of which
the Company and the Holder shall be bound:

     (i) The Warrant Agent may consult with legal counsel (who may or may not be legal
counsel for the Company), and the opinion of such counsel shall be full and complete
authorization and protection to the Warrant Agent as to any action taken or omitted by it in
good faith and in accordance with such opinion, provided the Warrant Agent shall have
exercised reasonable care in the selection by it of such counsel.

     (ii) Whenever in the performance of its duties hereunder the Warrant Agent shall deem
it necessary or desirable that any fact or matter be proved or established by the Company
prior to taking or suffering any action hereunder, such fact or matter may be deemed to be
conclusively proved and established by a certificate signed by an executive officer of the
Company and delivered to the Warrant Agent and such certificate

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shall be full authorization to the Warrant Agent for any action taken or suffered in
good faith by it hereunder in reliance upon such certificate.

     (iii) The Warrant Agent shall be liable hereunder only for its own gross negligence,
willful misconduct or bad faith.

     (iv) The Warrant Agent shall not be liable for or by reason of any of the statements of
fact or recitals contained herein or be required to verify the same, but all such statements
and recitals are and shall be deemed to have been made by the Company only.

     (v) The Warrant Agent shall not have any responsibility in respect of and makes no
representation as to the validity of this Warrant or the execution and delivery hereof
(except the due execution hereof by the Warrant Agent), nor shall it be responsible for any
breach by the Company of any covenant or condition contained in this Warrant, nor shall it
by any act hereunder be deemed to make any representation or warranty as to the Warrant
Shares.

     (vi) The Warrant Agent is hereby authorized and directed to accept instructions with
respect to the performance of its duties hereunder from the Chief Executive Officer and the
Chief Financial Officer of the Company, and to apply to such officers for advice or
instructions in connection with its duties, and it shall not be liable for any action taken
or suffered to be taken by it in good faith in accordance with instructions of any such
officer.

     (vii) The Warrant Agent and any stockholder, director, officer, or employee of the
Warrant Agent may buy, sell, or deal in any of the Warrants or other securities of the
Company or otherwise act as fully and freely as though it were not Warrant Agent hereunder,
so long as such persons do so in full compliance with all applicable laws. Nothing herein
shall preclude the Warrant Agent from acting in any other capacity for the Company or for
any other legal entity.

     (viii) The Warrant Agent may execute and exercise any of the rights or powers hereby
vested in it or perform any duty hereunder either by itself or by or through its attorneys
or agents.

     (ix) The Warrant Agent shall act solely as the agent of the Company hereunder. The
Warrant Agent shall not be liable except for the failure to perform such duties as are
specifically set forth herein, and no implied covenants or obligations shall be read into
this Warrant against the Warrant Agent, whose duties shall be determined solely by the
express provisions hereof. The Warrant Agent shall not be deemed to be a fiduciary.

     (x) The Warrant Agent shall not have any duty to calculate or determine any adjustments
with respect either to the Exercise Price or to the kind and amount of property receivable
by the Holder upon the exercise of this Warrant.

12

 

     (xi) The Warrant Agent shall not be responsible for any failure on the part of the
Company to comply with any of its covenants and obligations contained herein.

     (xii) The Warrant Agent shall not be under any obligation or duty to institute, appear
in, or defend any action, suit, or legal proceeding in respect hereof, unless first
indemnified to its satisfaction, provided that this provision shall not affect the power of
the Warrant Agent to take such action as the Warrant Agent may consider proper, whether with
or without such indemnity. The Warrant Agent shall promptly notify the Company in writing
of any claim made or action, suit or, proceeding instituted against it arising out of or in
connection with this Warrant.

     (xiii) The Company will perform, execute, acknowledge, and deliver or cause to be
performed, executed, acknowledged, and delivered all such further acts, instruments, and
assurances as may be required by the Warrant Agent in order to enable it to carry out or
perform its duties hereunder.

          (d) Change of Warrant Agent. The Warrant Agent may resign and be discharged from its
duties hereunder upon thirty (30) days notice in writing sent to the Company by registered or
certified mail, and to the Holders of the Warrants by first class registered or certified mail,
return receipt requested, at the expense of the Company; provided, however, that no
such resignation or discharge shall become effective until a successor Warrant Agent shall have
been appointed hereunder. The Company may remove the Warrant Agent or any successor Warrant Agent
upon thirty (30) days, notice in writing, sent to the Warrant Agent or successor Warrant Agent, as
the case may be, and to the Holders of the Warrants by first class registered or certified mail,
return receipt requested; provided, further, however, that no such removal
shall become effective until a successor Warrant Agent shall have been appointed hereunder. If the
Warrant Agent shall resign or be removed or shall otherwise become incapable of acting, the Company
shall promptly appoint a successor to the Warrant Agent, which may be designated as an interim
Warrant Agent. If an interim Warrant Agent is designated, the Company shall then appoint a
permanent successor to the Warrant Agent, which may be the interim Warrant Agent. If the Company
shall fail to make such appointment of a permanent successor within a period of thirty (30) days
after such removal or within sixty (60) days after notification in writing of such resignation or
incapacity by the resigning or incapacitated Warrant Agent or by the Holder of a Warrant, then the
Warrant Agent or any Holder of a Warrant may apply to any court of competent jurisdiction for the
appointment of such a successor. Any entity which may be merged or consolidated with or which
shall otherwise succeed to substantially all of the trust or agency business of the Warrant Agent
shall be deemed to be the successor Warrant Agent without any further action.

13

 

WARRANT EXERCISE FORM

American Stock Transfer & Trust Company

59 Maiden Lane

New York, NY 10038

Telephone: (718) 921-8293

Facsimile: (718) 921-8334

Attention: Isaac Kagan / MTI

     The undersigned hereby irrevocably elects to (i) exercise the within Warrant to purchase
___shares of Common Stock of Mechanical Technology, Incorporated, a New York corporation,
pursuant to the provisions of Section 1 of the attached Warrant, and hereby makes payment of
$___in payment therefor, or (ii) exercise this Warrant for the purchase of ___shares
of Common Stock pursuant to the provisions of Section 2 of the attached Warrant. The undersigned’s
execution of this form constitutes the undersigned’s agreement to all the terms of the Warrant and
to comply therewith.

	 	 	 
	 	 	 
	 

	 	Signature
	 

	 	Print Name:
	 
	 	 
	 

	 	 
	 

	 	Date
	 
	 	 
	 

	 	 
	 

	 	Signature, if jointly held
	 

	 	Print Name:
	 
	 	 
	 

	 	 
	 

	 	Date

14

 

FORM OF ASSIGNMENT

[To be completed and signed only upon transfer of Warrant]

     FOR VALUE RECEIVED, the undersigned hereby sells, assigns, and transfers unto
___________________________
the right represented by the within Warrant to purchase _________ shares
of Common Stock of Mechanical Technology, Incorporated to which the within Warrant relates and
appoints
_______________ attorney to transfer said right on the books of Mechanical Technology,
Incorporated with full power of substitution in the premises.

	 	 	 
	Dated:
	 	 
	 	 	 
	 	 	 
	 

	 	(Signature must conform in all respects to
name of holder as specified on the face of the
Warrant)
	 
	 	 
	 

	 	Address of Transferee:
	 
	 	 
	 
	 	 
	 	 	 
	 
	 	 
	 
	 	 
	 	 	 
	 
	 	 
	 
	 	 
	 	 	 

15exv10w1

Exhibit 10.1

FOURTH AMENDMENT

TO SECOND AMENDED AND RESTATED

CREDIT AGREEMENT AND WAIVER OF DEFAULT

          This Fourth Amendment to Second Amended and Restated Credit Agreement and Waiver of Default
(this “Amendment”), dated as of June 27, 2008, is made by and among infoGROUP INC., a
Delaware corporation, formerly known as infoUSA (the “Borrower”), the financial
institutions a party hereto in the capacity of a Lender (as defined in the Credit Agreement defined
below), LASALLE BANK NATIONAL ASSOCIATION and CITIBANK, N.A., formerly known as CITIBANK, F.S.B.,
as syndication agents (in such capacity, the “Syndication Agents”), BANK OF AMERICA, N.A.,
as documentation agent (in such capacity, the “Documentation Agent”), and WELLS FARGO BANK,
NATIONAL ASSOCIATION, as sole lead arranger, sole book runner and administrative agent (in such
capacity, the “Administrative Agent”).

Recitals

          The Borrower, the Administrative Agent, the Syndication Agents, the Documentation Agent and
certain financial institutions (including those a party hereto) are parties to that certain Second
Amended and Restated Credit Agreement dated as of February 14, 2006, as amended by that certain
First Amendment to Second Amended and Restated Credit Agreement dated as of March 16, 2007, that
certain Second Amendment to Second Amended and Restated Credit Agreement dated as of May 16, 2007,
and that certain Third Amendment to Second Amended and Restated Credit Agreement dated as of
March 26, 2008 (as so amended and together with all further amendments, supplements, modifications
and restatements from time to time thereof the “Credit Agreement”). Capitalized terms used
in these Recitals shall have the meanings given in the Credit Agreement.

          The Borrower has requested that the Administrative Agent, the Syndication Agents, the
Documentation Agent and the Lenders amend the Credit Agreement and waive certain Events of Default
thereunder. The Administrative Agent, the Syndication Agents, the Documentation Agent and the
Lenders are willing to grant the Borrower’s requests on the terms and conditions set forth herein.

          ACCORDINGLY, in consideration of the premises and of the mutual covenants and agreements
herein contained, it is agreed as follows:

          1. Definitions. All terms defined in the Credit Agreement that are not otherwise
defined herein shall have the meanings given them in the Credit Agreement.

          2. Amendments.

     (a) Section 9.1(b) of the Credit Agreement is amended by amending the phrase,
“Within 90 days after the close of the quarterly accounting period ending March 31, 2008,
and within 45 days after the close of each other of the first three quarterly accounting
periods in each fiscal year of the Borrower,” to read as follows:

 

 

Promptly, and in any event no later than: (A) August 15, 2008 for the quarterly
accounting period ending March 31, 2008; (B) August 29, 2008 for the quarterly
accounting period ending June 30, 2008; and (C) 45 days after the close of each
other of the first three quarterly accounting periods in each fiscal year of the
Borrower,

     (b) Section 9.1(c) of the Credit Agreement is amended by amending the phrase,
“Within 180 days after the close of the Borrower’s fiscal year ending December 31, 2007, and
within 90 days after the close of each other fiscal year of the Borrower,” to read as
follows:

Promptly, and in any event no later than: (A) August 15, 2008 for the Borrower’s
fiscal year ending December 31, 2007; and (B) 90 days after the close of each other
fiscal year of the Borrower,

     (c) The name, “infoUSA Inc.”, in the notice address by the Borrower’s signature line in
the Credit Agreement is hereby deleted, and the name, “infoGROUP Inc.”, is substituted
therefor.

     (d) The phrase, “infoUSA Inc., a Delaware corporation”, is hereby deleted in each
instance in the Exhibits to the Credit Agreement, and the phrase, “infoGROUP Inc., a
Delaware corporation formerly known as infoUSA Inc.”, is in each instance substituted
therefor; and each other instance of the name, “infoUSA Inc.”, in the Exhibits is hereby
deleted, and the name, “infoGROUP Inc.”, is in each instance substituted therefor.

          3. Delivery of Preliminary Financial Statements and Officer’s Certificates; Margin
Adjustments.

     (a) Definitions. As used in this Section 3, the following terms have the
meanings set forth below:

     “Preliminary 2007 Statements” means (i) unaudited interim consolidated
financial statements of the Companies as of and for the fiscal quarter ending
December 31, 2007 (including year-to-date statements), including all information
that would be required under clause (i) of Section 9.1(b) of the Credit
Agreement if such quarter were one of the first three quarters of the Borrower’s
fiscal year, and (ii) a certificate conforming to the requirements of Section
9.1(f) of the Credit Agreement with respect to such financial statements.

     “Audited 2007 Statements” means the items required under Section
9.1(c) of the Credit Agreement with respect to the Borrower’s fiscal year ending
December 31, 2007, including the certificate required under Section 9.1(f)
of the Credit Agreement with respect thereto.

     “Preliminary 3/31/08 Statements” means the items required under
Section 9.1(b) of the Credit Agreement with respect to the Borrower’s fiscal
quarter ending March 31, 2008, including the certificate required under Section
9.1(f) of

infoGroup Fourth Amendment to Second

Amended and Restated Credit Agreement and

Waiver of Default

 - 2 -

 

the Credit Agreement with respect thereto, but in each case prepared prior to
delivery of the Audited 2007 Statements and subject to adjustment in the Final
3/31/08 Statements.

     “Final 3/31/08 Statements” means the items required under Section
9.1(b) of the Credit Agreement with respect to the Borrower’s fiscal quarter
ending March 31, 2008, including the certificate required under Section
9.1(f) of the Credit Agreement with respect thereto.

     “Preliminary 6/30/08 Statements” means the items required under
Section 9.1(b) of the Credit Agreement with respect to the Borrower’s fiscal
quarter ending June 30, 2008, including the certificate required under Section
9.1(f) of the Credit Agreement with respect thereto, but in each case prepared
prior to delivery of the Audited 2007 Statements and subject to adjustment in the
Final 6/30/08 Statements.

     “Final 6/30/08 Statements” means the items required under Section
9.1(b) of the Credit Agreement with respect to the Borrower’s fiscal quarter
ending June 30, 2008, including the certificate required under Section
9.1(f) of the Credit Agreement with respect thereto.

     (b) Delivery of Preliminary 6/30/08 Statements. On or before August 14, 2008, the
Borrower shall deliver its Preliminary 6/30/08 Statements to the Administrative Agent.
Notwithstanding the other terms of the Credit Agreement, the Applicable Margin shall be
adjusted (as appropriate) concurrent with the delivery of the Preliminary 6/30/08 Statements
as if they were the Final 6/30/08 Statements.

     (c) Retroactive Adjustments. If, upon receipt of the Audited 2007 Statements, the Final
3/31/08 Statements or the Final 6/30/08 Statements (the “Final Statements”), the
Consolidated Total Leverage Ratio is determined to have been higher as of December 31, 2007,
March 31, 2008 or June 30, 2008 than disclosed by the Preliminary 2007 Statements,
Preliminary 3/31/08 Statements or Preliminary 6/30/08 Statements (the “Preliminary
Statements”), as the case may be, such that any Applicable Margin should have been
higher than that determined using the Preliminary Statements and the Borrower is thus
determined to have underpaid interest and Commitment Fees during any period following
delivery of any Preliminary Statements, the Borrower shall pay such deficiency on demand.
However, in no event shall the Borrower be entitled to a refund, credit or reduction of
interest paid or accrued during such period if the Consolidated Total Leverage Ratio is
determined to have been lower as of December 31, 2007, March 31, 2008 or June 30, 2008 than
disclosed by the applicable Preliminary Statements.

          4. Waivers.

     (a) Delayed SEC Filings. Effective December 24, 2007, the Borrower’s board of directors
formed a special litigation committee in response to the consolidated complaint In re
infoUSA, Inc. Shareholders Litigation, Consol. Civil Action No. 1956-CC

infoGroup Fourth Amendment to Second

Amended and Restated Credit Agreement and

Waiver of Default

 - 3 -

 

(Del. Ch.), and a related informal investigation into the Borrower by the SEC. The
Borrower has indicated that, due to the ongoing investigation, it has failed or will fail to
timely file with the SEC (i) its annual report on Form 10-K for the year ended December 31,
2007 (the “2007 10-K”), (ii) its quarterly report on  Form 10-Q for the fiscal
quarter ended March 31, 2008 (the “3/31/08 10-Q”) and (iii) its quarterly report
on  Form 10-Q for the fiscal quarter ended June 30, 2008 (the “6/30/08 10-Q”).
Failure to timely file those reports constitutes a breach of Section 9.5 of the
Credit Agreement and, in turn, a Default under Section 11.1(c) of the Credit
Agreement. The Lenders parties hereto hereby waive any Default or Event of Default arising
under Section 11.1(c) directly on account of such failure, but only so long as
(x) on or before August 15, 2008, the Borrower files its 2007 10-K and its 3/31/08 10-Q with
the SEC, (y) on or before August 29, 2008, the Borrower files its 6/30/08 10-Q with the SEC,
and (z) no adverse action is taken against the Borrower by the SEC or otherwise on account
of such delayed filing of the 2007 10-K, the 3/31/08 10-Q and the 6/30/08 10-Q.

     (b) Limited Scope. The waivers set forth in this Section 4 are effective only
as expressly set forth above, and do not constitute or imply any waiver with respect to any
breach of the Credit Agreement not specifically described above (including but not limited
to any other breach of Section 9.5 or 10.15), whether or not similar to the
breaches described above.

          5. Representations and Warranties. The Borrower hereby represents and warrants to the
Administrative Agent and the Lenders as follows:

     (a) The Borrower has all requisite power and authority, corporate or otherwise, to
execute and deliver this Amendment, and to perform this Amendment and the Credit Agreement
as amended hereby. This Amendment has been duly and validly executed and delivered to the
Administrative Agent, the Syndication Agents, the Documentation Agent and the Lenders by the
Borrower, and this Amendment, and the Credit Agreement as amended hereby, constitute the
Borrower’s legal, valid and binding obligations enforceable in accordance with their terms,
except to the extent that such enforcement may be limited by bankruptcy, insolvency or
similar laws affecting the enforcement of creditors’ rights generally or by general
equitable principles.

     (b) The execution, delivery and performance by the Borrower of this Amendment, and the
performance of the Credit Agreement as amended hereby, have been duly authorized by all
necessary corporate action and do not and will not (i) require any authorization, consent or
approval by any governmental department, commission, board, bureau, agency or
instrumentality, domestic or foreign, (ii) violate the Borrower’s articles of incorporation
or bylaws or any provision of any law, rule, regulation or order presently in effect having
applicability to the Borrower, or (iii) result in a breach of or constitute a default under
any indenture or agreement to which the Borrower is a party or by which the Borrower is
bound.

infoGroup Fourth Amendment to Second

Amended and Restated Credit Agreement and

Waiver of Default

 - 4 -

 

     (c) All of the representations and warranties contained in Article VIII of the
Credit Agreement, as amended hereby, are correct on and as of the date hereof as though made
on and as of such date.

     (d) Effective June 1, 2008, the Borrower’s wholly-owned Subsidiary, infoGROUP Inc., a
Delaware corporation, was merged into the Borrower. The Borrower was the surviving
corporation in such merger. Effective upon the merger, the Borrower changed its name from
“infoUSA Inc.” to “infoGROUP Inc.” Such merger and name change have been fully consummated.
The Borrower, as the surviving corporation, has retained all of its rights, assets and
obligations in existence prior to such merger and name change, including but not limited to
all of its obligations under the Credit Agreement and the other Credit Documents.

          6. Amendment Fee. On the date hereof, the Borrower shall pay the Administrative Agent,
for the ratable benefit of each Lender that has executed and delivered this Amendment prior to
12:00 noon (Pacific time) on June 17, 2008 (each, a “Consenting Lender”), a fully earned,
non-refundable fee in an amount equal to 0.25% of the sum of each Consenting Lender’s Revolving
Facility Amount and the outstanding principal balance of each Consenting Lender’s Term Loans.

          7. Conditions. This Amendment shall be effective only if the Administrative Agent has
received (or waived the receipt of) each of the following, in form and substance satisfactory to
the Administrative Agent, on or before the date hereof (or such later date as the Administrative
Agent may agree to in writing):

     (a) this Amendment, duly executed by the Borrower and each of the Lenders below;

     (b) the First Amendment to Amended and Restated Security Agreement fully executed by
the parties thereto;

     (c) the Acknowledgment and Agreement of Guarantors attached hereto, duly executed by
the Guarantors;

     (d) a certificate of an officer of the Borrower (i) certifying that the execution,
delivery and performance of this Amendment, and the performance of the Credit Agreement as
amended hereby, have been duly approved by all necessary action of the board of directors of
the Borrower, and attaching true and correct copies of the applicable resolutions granting
such approval, (ii) certifying that attached to such certificate are true and correct copies
of the articles of incorporation and the bylaws of the Borrower, together with such copies,
and (iii) certifying the names of the officers of the Borrower that are authorized to sign
this Amendment, together with the true signatures of such officers; and

     (e) payment of the fee described in Section 6.

infoGroup Fourth Amendment to Second

Amended and Restated Credit Agreement and

Waiver of Default

 - 5 -

 

          8. References. All references in the Credit Agreement to “this Agreement” shall be
deemed to refer to the Credit Agreement as amended hereby; and any and all references in the
Security Documents to the Credit Agreement shall be deemed to refer to the Credit Agreement as
amended hereby.

          9. No Waiver. Except as expressly set forth in Section 4, the execution of
this Amendment and any documents related hereto shall not be deemed to be a waiver of any Default
or Event of Default under the Credit Agreement or breach, default or event of default under any
Security Document or other document held by the Administrative Agent and the Lenders, whether or
not known to the Administrative Agent and the Lenders and whether or not existing on the date of
this Amendment.

          10. Release. The Borrower and each Guarantor by signing the Acknowledgment and
Agreement of Guarantors set forth below, each hereby absolutely and unconditionally releases and
forever discharges the Administrative Agent and the Lenders, and any and all participants, parent
corporations, subsidiary corporations, affiliated corporations, insurers, indemnitors, successors
and assigns thereof, together with all of the present and former directors, officers, agents and
employees of any of the foregoing, from any and all claims, demands or causes of action of any
kind, nature or description, whether arising in law or equity or upon contract or tort or under any
state or federal law or otherwise, which the Borrower or such Guarantor has had, now has or has
made claim to have against any such person for or by reason of any act, omission, matter, cause or
thing whatsoever arising from the beginning of time to and including the date of this Amendment,
whether such claims, demands and causes of action are matured or unmatured or known or unknown.

          11. Miscellaneous. This Amendment and the Acknowledgment and Agreement of Guarantors
may be executed in any number of counterparts, each of which when so executed and delivered shall
be deemed an original and all of which counterparts, taken together, shall constitute one and the
same instrument.

Signature pages follow

infoGroup Fourth Amendment to Second

Amended and Restated Credit Agreement and

Waiver of Default

 - 6 -

 

          IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute
and deliver this Amendment as of the date first above written.

	 	 	 	 	 
	 	infoGROUP INC.

 	 
	 	By:  	/s/ Stormy L. Dean
 	 
	 	 	Name:  	Stormy Dean 	 
	 	 	Title:  	Chief Financial Officer 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Administrative Agent

and a Lender

 	 
	 	By:  	/s/ Joseph G. Colianni
 	 
	 	 	Name:  	Joseph G. Colianni 	 
	 	 	Title:  	Senior Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	LASALLE BANK NATIONAL
ASSOCIATION,
 as Co-Syndication Agent and a Lender
 	 
	 	By:  	/s/ Steven K. Kessler 	 
	 	 	Name:  	Steven K. Kessler 	 
	 	 	Title:  	Senior Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	BANK OF AMERICA, N.A., as 

Co-Syndication Agent, Documentation 

Agent and a Lender

 	 
	 	By:  	/s/ Steven K. Kessler
 	 
	 	 	Name:  	Steven K. Kessler 	 
	 	 	Title:  	Senior Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default

 

 

	 	 	 	 	 
	 	CITIBANK, N.A., as Co-Syndication Agent and a Lender

 	 
	 	By:  	/s/ Scott Miller
 	 
	 	 	Name:  	Scott Miller 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	FIRST BANK

 	 
	 	By:  	/s/ Keith M. Schmelder
 	 
	 	 	Name:  	Keith M. Schmelder 	 
	 	 	Title:  	Senior Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	UNION BANK OF CALIFORNIA, N.A.

 	 
	 	By:  	/s/ Sarah Daniel
 	 
	 	 	Name:  	Sarah Daniel 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	FIRST NATIONAL BANK OF OMAHA

 	 
	 	By:  	/s/ Donald L. Erikson
 	 
	 	 	Name:  	Donald L. Erikson 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	U.S. BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Joseph T. Sullivan, III
 	 
	 	 	Name:  	Joseph T. Sullivan, III 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	COMMERCE BANK, N.A.

 	 
	 	By:  	/s/ Wayne C. Lewis
 	 
	 	 	Name:  	Wayne C. Lewis 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

	 	 	 	 	 
	 	THE NORTHERN TRUST COMPANY

 	 
	 	By:  	/s/ William R. Kopp
 	 
	 	 	Name:  	William R. Kopp 	 
	 	 	Title:  	Vice President 	 
	 

(Signature Page to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

ACKNOWLEDGMENT AND AGREEMENT OF GUARANTORS

dated as of June 27, 2008

     Each of the undersigned, a guarantor of the indebtedness of infoGROUP INC., a Delaware
corporation formerly known as infoUSA Inc. (the “Borrower”), to the financial institutions
from time to time a party in the capacity of a lender (in such capacity, the “Lenders” and
each a “Lender”) to that certain Second Amended and Restated Credit Agreement, dated as of
February 14, 2006, as amended by that certain First Amendment to Second Amended and Restated Credit
Agreement dated as of March 16, 2007, that certain Second Amendment to Second Amended and Restated
Credit Agreement dated as of May 16, 2007 and that certain Third Amendment to Second Amended and
Restated Credit Agreement and Waiver of Defaults dated as of March 26, 2008 (as so amended, the
“Credit Agreement”), by and among the Borrower, LASALLE BANK NATIONAL ASSOCIATION and
CITIBANK, F.S.B., as syndication agents (in such capacity, the “Syndication Agents”), BANK
OF AMERICA, N.A., as documentation agent (in such capacity, the “Documentation Agent”), and
WELLS FARGO BANK, NATIONAL ASSOCIATION, as sole lead arranger, sole book runner and administrative
agent (in such capacity, the “Administrative Agent”), pursuant to an Amended and Restated
Subsidiaries Guaranty dated as of February 14, 2006 (as so amended, the “Guaranty”), hereby
(i) acknowledges receipt of that certain Fourth Amendment to Second Amended and Restated Credit
Agreement and Waiver of Default (the “Fourth Amendment”) dated as of the date hereof among
the Borrower, various financial institutions, the Syndication Agents, the Documentation Agent and
the Administrative Agent; (ii) consents to the terms (including without limitation the release set
forth in Section 10 of the Fourth Amendment) and execution thereof; (iii) reaffirms its
obligations to the Administrative Agent pursuant to the terms of the Guaranty and acknowledges that
all indebtedness arising under the Credit Agreement, as amended by the Fourth Amendment, whether
evidenced by the Notes (as defined therein) or otherwise, shall constitute Guaranteed Obligations
guarantied by the Guaranty, and that all such indebtedness and all obligations of the undersigned
under the Guaranty, including but not limited to those obligations relating to the indebtedness
arising under the Credit Agreement, as amended, shall constitute Obligations secured by the Amended
And Restated Security Agreement dated as of February 14, 2006, by the Borrower and each of the
undersigned in favor of the Administrative Agent as collateral agent; and (iv) acknowledge that the
Lenders, the Syndication Agents, the Documentation Agent and the Administrative Agent may amend,
restate, extend, renew or otherwise modify the Credit Agreement and any indebtedness or agreement
of the Borrower, or enter into any agreement or extend additional or other credit accommodations,
without notifying or obtaining the consent of any of the undersigned and without impairing the
liability of any of the undersigned under the Guaranty for all of the Borrower’s present and future
indebtedness to the Lenders and the Administrative Agent.

Signature page follows

(Acknowledgement to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

 

 

ADVANCED ANALYTICS, INC.,

ATLANTIC RESEARCH & CONSULTING, INC.,

CITY DIRECTORIES, INC.,

DIRECT MEDIA, INC.,

DIRECT MEDIA HOLDINGS, INC.,

DIRECT MEDIA, LLC.,

DIRECT MEDIA DATA SERVICES, LLC,

DONNELLEY MARKETING, INC.,

EDITH ROMAN HOLDINGS, INC.,

EXPRESS COPY, INC.,

GUIDELINE, INC.,

GUIDELINE CHICAGO, INC.,

GUIDELINE CONSULTING CORP.,

GUIDELINE RESEARCH CORP.,

HILL-DONNELLY CORPORATION,

INFOUSA MARKETING, INC.,

MACRO INTERNATIONAL INC.,

MILLARD GROUP, INC.,

ONESOURCE INFORMATION SERVICES, INC.,

OPINION RESEARCH CORPORATION,

OPINION RESEARCH NORTHWEST, INC.,

ORC TELECOMMUNICATIONS, LTD.,

SALESGENIE.COM, INC.,

SIGNIA PARTNERS, INCORPORATED

STOREFRONT IMAGES USA, INC.,

TGMVC CORPORATION,

TABLINE DATA SERVICES, INC.,

TTECH ACQUISITION CORP. (D/B/A TELTECH),

WASHINGTON RESEARCHERS, LTD.,

WALTER KARL, INC., and

YESMAIL, INC.

each as a Guarantor

	 	 	 	 	 
	By:

	 	/s/ Stormy L. Dean
 

Name: Stormy L. Dean
	 	 
	 

	 	Title: Chief Financial Officer	 	 

(Acknowledgement to infoUSA Fourth Amendment

to Second Amended and Restated Credit Agreement and Waiver of Default)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]