Document:

2006 Long-Term Incentive Plan

 Exhibit 10.41 
 COMVERGE, INC. 
 2006 LONG-TERM INCENTIVE PLAN 
 (Amended and Restated Effective as of September 24, 2007) 

 COMVERGE, INC. 
 2006 LONG-TERM INCENTIVE PLAN 
 Table of Contents 
  

					
	ARTICLE I INTRODUCTION	  	1
			
	 1.1
	  	Purpose	  	1
	 1.2
	  	Definitions	  	1
	 1.3
	  	Shares Subject to the Plan	  	7
	 1.4
	  	Administration of the Plan	  	8
	 1.5
	  	Amendment and Discontinuance of the Plan	  	8
	 1.6
	  	Granting of Awards to Participants	  	8
	 1.7
	  	Term of Plan	  	8
	 1.8
	  	Leave of Absence	  	8
		
	ARTICLE II NON-QUALIFIED STOCK OPTIONS	  	9
			
	 2.1
	  	Grants	  	9
	 2.2
	  	Calculation of Exercise Price	  	9
	 2.3
	  	Terms and Conditions of Non-Qualified Stock Options	  	9
	 2.4
	  	Amendment	  	10
	 2.5
	  	Acceleration of Vesting	  	10
	 2.6
	  	Other Provisions	  	11
	 2.7
	  	No Option Repricing Without Stockholder Approval	  	11
		
	ARTICLE III INCENTIVE OPTIONS	  	11
			
	 3.1
	  	Eligibility	  	11
	 3.2
	  	Exercise Price	  	11
	 3.3
	  	Dollar Limitation	  	12
	 3.4
	  	10% Stockholder	  	12
	 3.5
	  	Options Not Transferable	  	12
	 3.6
	  	Compliance with 422	  	12
	 3.7
	  	Limitations on Exercise	  	12
		
	ARTICLE IV BONUS STOCK	  	12
		
	ARTICLE V STOCK APPRECIATION RIGHTS AND RESTRICTED STOCK UNITS	  	12
			
	 5.1
	  	Stock Appreciation Rights	  	12
	 5.2
	  	Restricted Stock Unit Awards	  	13

					
	 ARTICLE VI RESTRICTED STOCK
	  	14
			
	 6.1
	  	Eligible Persons	  	14
	 6.2
	  	Restricted Period and Vesting	  	14
		
	ARTICLE VII PERFORMANCE AWARDS	  	15
			
	 7.1
	  	Performance Awards	  	15
	 7.2
	  	Performance Goals	  	15
		
	 ARTICLE VIII OTHER STOCK OR PERFORMANCE-BASED AWARDS
	  	17
		
	 ARTICLE IX CERTAIN PROVISIONS APPLICABLE TO ALL AWARDS
	  	17
			
	 9.1
	  	General	  	17
	 9.2
	  	Stand-Alone, Additional, Tandem and Substitute Awards	  	17
	 9.3
	  	Term of Awards	  	17
	 9.4
	  	Form and Timing of Payment under Awards; Deferrals	  	18
	 9.5
	  	Vested and Unvested Awards	  	18
	 9.6
	  	Exemptions from Section 16(b) Liability	  	18
	 9.7
	  	Other Provisions	  	19
		
	 ARTICLE X WITHHOLDING FOR TAXES
	  	20
		
	 ARTICLE XI MISCELLANEOUS
	  	20
			
	 11.1
	  	No Rights to Awards	  	20
	 11.2
	  	No Right to Employment	  	20
	 11.3
	  	Governing Law	  	20
	 11.4
	  	Severability	  	21
	 11.5
	  	Other Laws	  	21
	 11.6
	  	409A Compliance - No Guarantee of Tax Consequences	  	21
	 11.7
	  	Shareholder Agreements	  	21

  

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 COMVERGE, INC. 
 2006 Long-term Incentive Plan 
 ARTICLE I 
 INTRODUCTION 
 1.1
Purpose. The Plan is intended to promote the interests of the Company and its Stockholders (the “Stockholders”) by encouraging Employees, Service Providers and Non-Employee Directors to acquire or increase their
equity interests in the Company, thereby giving them an added incentive to work toward the continued growth and success of the Company. The Board also contemplates that through the Plan, the Company and its Affiliates will be better able to compete
for the services of the individuals needed for the continued growth and success of the Company. The Plan is an amendment and restatement of the Company’s 2000 Stock Option Plan (the “Prior Plan”) and the Prior Plan is hereby merged
into the Plan to become a part of the Plan. Awards granted on after the Effective Date shall be governed by the terms of the Plan. The amendment and merger of the Prior Plan into the Plan is not intended to be a material modification of any Award
issued under the Prior Plan. Nothing in this amendment and restatement of the Prior Plan shall operate or be construed to amend or modify in any manner any Award that was outstanding under the Prior Plan prior to the Effective Date if such amendment
or modification would adversely affect such Award in any manner, including, without limitation, causing such Award to become subject to Section 409A of the Code if otherwise exempt as a “grandfathered” Award. 
 1.2 Definitions. As used in the Plan, the following terms shall have the meanings set forth below: 
 “Affiliate” means (i) any entity in which the Company directly or indirectly, owns 50% or more of the combined
voting power, as determined by the Plan Committee, (ii) any “parent corporation” of the Company (as defined in Section 424(e) of the Code), (iii) any “subsidiary corporation” of any such parent corporation (as
defined in Section 424(f) of the Code) of the Company and (iv) any trades or businesses, whether or not incorporated which are members of a controlled group or are under common control (as defined in Sections 414(b) or (c) of the
Code) with the Company, but using the threshold of 50% ownership wherever 80% appears. 
 “Awards” means,
collectively, Options, Purchased Stock, Bonus Stock, Stock Appreciation Rights, Restricted Stock Units, Restricted Stock, or Other Stock or Performance Based Awards issued under the Plan or Options issued under the Prior Plan. 
 “Board” means the Board of Directors of the Company. 
 “Bonus Stock” means Common Stock described in Article IV of the Plan. 
 “Cause” for termination of any Participant who is a party to an agreement of Employment with or provides services to the
Company shall mean termination 

 
for “Cause” as such term or such similar concept is defined in such agreement, the relevant portions of which are incorporated herein by reference.
If such agreement does not define “Cause” or such similar concept or if a Participant is not a party to such an agreement, “Cause” means (i) the willful commission by a Participant of a criminal or other act that causes or
is likely to cause substantial economic damage to the Company or an Affiliate or substantial injury to the business reputation of the Company or an Affiliate; (ii) the commission by a Participant of an act of fraud in the performance of such
Participant’s duties on behalf of the Company or an Affiliate; or (iii) the continuing willful failure of a Participant to perform the duties of such Participant to the Company or an Affiliate (other than such failure resulting from the
Participant’s incapacity due to physical or mental illness) after written notice thereof (specifying the particulars thereof in reasonable detail) and a reasonable opportunity to be heard and cure such failure are given to the Participant by
the Plan Committee. For purposes of the Plan, no act, or failure to act, on the Participant’s part shall be considered “willful” unless the applicable act or omission is done or not done, as the case may be, not in good faith and
without reasonable belief that the Participant’s action or omission was in the best interest of the Company or an Affiliate, as the case may be. 
 “Change of Control” shall be deemed to have occurred upon any of the following events: 
 (i) any “person” (as defined in Section 3(a)(9) of the Exchange Act, and as modified by Section 13(d) and 14(d) thereof) other than (A) the Company or any of its subsidiaries, (B) any
employee benefit plan of the Company or any of its subsidiaries, (C) an Affiliate, (D) a company owned, directly or indirectly, by stockholders of the Company in substantially the same proportions as their ownership of the Company, or
(E) an underwriter temporarily holding securities pursuant to an offering of such securities (a “Person”), becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly,
of securities of the Company representing 30% or more of the shares of voting stock of the Company then outstanding; provided, however, that an initial public offering of Common Stock shall not constitute a Change of
Control; 
 (ii) the consummation of any merger, organization, business combination or consolidation of the Company or one of
its subsidiaries with or into any other company, other than a merger, reorganization, business combination or consolidation which would result in the holders of the voting securities of the Company outstanding immediately prior thereto holding
securities which represent immediately after such merger, reorganization, business combination or consolidation more than fifty 50% of the combined voting power of the voting securities of the Company or the surviving company or the parent of such
surviving company; 
 (iii) the consummation of a sale or disposition by the Company of the Company or all or substantially
all of the Company’s assets, other than a sale or 

  

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disposition where the holders of the voting securities of the Company outstanding immediately prior thereto hold securities immediately thereafter which
represent more than 50% of the combined voting power of the voting securities of the acquiror, or parent of the acquiror, of such assets, or the stockholders of the Company approve a plan of complete liquidation or dissolution of the Company; or

 (iv) the Incumbent Board ceases for any reason to constitute a majority of the Board; provided,
however, that any individual becoming a Director subsequent to the Effective Date whose election by the Board, was approved by a vote of a majority of the Directors then comprising the Incumbent Board shall be considered as though such
individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an election contest with respect to the election or removal of Directors or other
solicitation of proxies or consents by or on behalf of a person other than the Board. 
 In the event that the foregoing
definition of Change of Control does not comply with the requirements of Section 409A of the Code, and an amount, benefit or item of compensation hereunder would be subject to Section 409A of the Code, but would not be so subject if the
definition of Change of Control above complied with the requirements of Section 409A of the Code, then with respect only to such amount, benefit or item of compensation, the term “Change of Control” shall mean a “change in
control event” within the meaning of Treas. Reg. § 1.409A-3(i)(5). 
 “Code” means the Internal
Revenue Code of 1986, as amended from time to time, and the rules and regulations thereunder. 
 “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder by the Securities and Exchange Commission. 
 “Common Stock” means the common stock of the Company, par value $0.001 per share. 
 “Company” means Comverge, Inc. (formerly known as Comverge Technologies, Inc.). 
 “Covered Employee” means the Chief Executive Officer of the Company and the three highest paid officers of the Company
other than the Chief Executive Officer or the Chief Financial Officer as described in Section 162(m)(3) of the Code, as well as any person designated by the Plan Committee, at the time of grant of a Performance Award, who is likely to be a
Covered Employee with respect to that fiscal year. 
 “Director” means, except as otherwise provided in
Articles II, III and V, a director of the Company or an Affiliate. 
  

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 “Disability” means a Participant is unable to engage in any substantial
gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or is, by reason of any medically
determinable physical or mental impairment which can be expected to result in death or can be expected to last of or a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under
an accident and health plan covering employees of the Company. 
 “Effective Date” has the meaning set forth
in Section 1.7 hereof. 
 “Employee” means, except as otherwise provided in Articles II, III and V, any
employee of the Company or an Affiliate. 
 “Employment” includes any period in which a Participant is an
Employee or a paid Service Provider to the Company or an Affiliate. 
 “Fair Market Value or FMV Per Share”
of Common Stock shall be the closing price on any national exchange or over-the-counter market, if applicable, for the date of the determination, or if no trade of the Common Stock shall have been reported for such date, the closing sales price
quoted on such exchange for the most recent trade prior to the determination date. If shares of the Common Stock are not listed or admitted to trading on any exchange, over-the-counter market or any similar organization as of the determination date,
the FMV Per Share shall be determined by the Plan Committee in good faith using a reasonable application of a reasonable valuation methodology taking into account all available information material to the value of the Company. 
 “Good Reason” means termination of Employment by an Employee, or termination of service by a Service Provider under any
of the following circumstances: 
 (i) if such Employee or Service Provider is a party to an agreement for Employment with or
services to the Company, which agreement includes a definition of “Good Reason” or such similar concept for termination of Employment with or services to the Company, “Good Reason” shall have the same definition for purposes of
the Plan as is set forth in such agreement, the relevant portions of which are incorporated herein by reference; 
 (ii) if
such Employee or Service Provider is not a party to an agreement with the Company that defines the term “Good Reason,” such term shall mean termination of Employment or service by the Employee or Service Provider after 30 calendar days
written notice upon the occurrence of either of the following circumstances: 
 (A) the assignment to the Participant without
the Participant’s consent of any duties, responsibilities, or reporting requirements inconsistent with his or her position with the Company, which is a material diminishment, of the Participant’s overall duties, responsibilities, or
status; or 
  

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 (B) material reduction by the Company in the Participant’s fees, compensation, or
benefits without the Participant’s consent and not associated with a reduction or change for similarly situated Employees or Service Providers. 
 Continued Employment of the Employee or Service Provider for 15 working days after the occurrence of (A) or (B) above without notice to the Company of intention to terminate with Good Reason provided in
(ii) above shall be deemed to be consent to the occurrence of (A) or (B). 
 “Incentive Option”
means any option which satisfies the requirements of Section 422 of the Code and is granted pursuant to Article III of the Plan. 
 “Incumbent Board” means the individuals who constitute the Board as of the Effective Time. 
 “Non-Employee Director” means, except as otherwise provided in Articles II, III and V, an individual who is a member of the Board but who is neither an Employee nor a Service Provider of the Company
or any Affiliate. 
 “Non-Qualified Stock Option” shall mean an option not intended to satisfy the
requirements of Section 422 of the Code and which is granted pursuant to Article II of the Plan. 
 “Option” means an option to acquire Common Stock granted pursuant to the provisions of the Plan, and refers to either an Incentive Stock Option or a Non-Qualified Stock Option, or both, as applicable. 
 “Option Expiration Date,” with respect to an Option, means the date determined by Plan Committee, which shall not be more
than ten years after the date of grant of such Option. 
 “Option Grant Date” means the date on which an
Option is granted pursuant to the provisions of the Plan. 
 “Optionee” means a Participant who has received
or will receive an Option. 
 “Other Stock or Performance-Based Award” means an award granted pursuant to
Article VIII of the Plan. 
 “Participant” means any Non-Employee Director, Employee or Service Provider
granted an Award under the Plan. 
  

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 “Performance Award” means an Award granted pursuant to Article VII of
the Plan, which, if earned, shall be payable in shares of Common Stock, cash or any combination thereof as determined by the Plan Committee. 
 “Performance Period” means a period of not less than one year and not more than five years during which the Plan Committee may grant Performance Awards. 
 “Performance Shares” means an Award of the right to receive shares of Common Stock issued at the end of a Restricted
Period that is granted pursuant to Article VIII of the Plan. 
 “Person” has the meaning set forth in this
Section 1.8 in the definition of “Change of Control”. 
 “Plan” means this Comverge, Inc. 2006
Long-term Incentive Plan. 
 “Plan Committee” means the committee appointed by the Board or, if none, the
Board; provided however, that with respect to any Award granted to a Covered Employee that is intended to be “performance-based compensation” as described in Section 162(m)(4)(c) of the Code, the Plan Committee shall
consist solely of two or more “outside directors” as described in Section 162(m)(4)(c)(i) of the Code; and if the Company is subject to the Exchange Act, the Plan Committee shall mean the compensation Plan Committee of the Board,
which shall consist of not less than two independent members of the Board, each of whom shall qualify as a “non-employee director” (as that term is defined in Rule 16b-3 under the Exchange Act) appointed by and serving at the pleasure of
the Board to administer this Plan or, if none, the independent members of the Board. 
 “Prior Plan” means
the Comverge Technologies, Inc. 2000 Stock Option Plan. 
 “Purchased Stock” means Bonus Stock which has been
purchased for additional consideration pursuant to a right to purchase Common Stock granted pursuant to Article IV of the Plan. 
 “Restricted Period” means the period established by the Plan Committee with respect to an Award during which the Award either remains subject to forfeiture or is not exercisable by the Participant. 
 “Restricted Stock” means any share of Common Stock, prior to the lapse of restrictions thereon, granted under Article VI
of the Plan. 
 “Restricted Stock Unit Award” has the meaning set forth in Section 5.2 hereof.

  

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 “Service Provider” means, except as otherwise provided in Articles II,
III and V, any individual or entity, other than a Director or an Employee, who renders consulting or advisory services to the Company or an Affiliate. 
 “Shares” means shares of Common Stock. 
 “Stock Appreciation
Rights” means an Award granted pursuant to Article V of the Plan. 
 1.3 Shares Subject to the Plan. Subject to
adjustment as set forth below, and after giving effect to the one-for-two reverse stock split that occurred on April 18, 2007, and rounding down for fractional shares, the aggregate number of Shares that may be issued under the Plan shall not
exceed 4,156,036 Shares, consisting of the sum of 2,374,685 Shares available for issuance under the Prior Plan which remain available for the grant of Awards immediately prior to the Effective Date, plus an additional number of 1,781,351
“new” Shares available under the Plan. Shares issued on or after the Effective Date pursuant to Awards granted under the Prior Plan prior to the Effective Date shall reduce the number of Awards available under the Plan. If any
stock-denominated Award is paid in cash, forfeited or otherwise lapses, expires, terminates or is canceled without the delivery of Shares, then the number of Shares subject to such Award, to the extent of such cash payment, forfeiture, expiration,
lapse, termination or cancellation, shall be added back to the Share “pool” and be available for future Awards. With respect to a dollar-denominated Award that is paid in Shares, the Share “pool” shall be reduced by the number of
Shares delivered to pay such dollar-denominated Award. Notwithstanding the foregoing, Substitute Awards granted in connection with a business acquisition made by the Company or a Subsidiary, whether an asset purchase, merger or stock acquisition,
shall not reduce the number of Shares available in the Share “pool.” In addition, Shares withheld or received by the Company to satisfy tax withholding or other payment obligations shall not again be available for future Awards. No more
than 1,000,000 shares of Common Stock shall be issued to any one Participant pursuant to this Plan in any one calendar year. With respect to Performance Awards paid in cash or a combination of cash and Common Stock, the sum of such cash and Common
Stock underlying an Award paid to any one individual in any one year shall not exceed $10,000,000. After giving effect to the one-for-two reverse stock split that occurred on April 18, 2007, the maximum number of shares of Common Stock that may
be issued under this Plan pursuant to Incentive Options shall be 4,156,036 shares. 
 Notwithstanding the above, however, in the event that
at any time after the Effective Date the outstanding shares of Common Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of a merger, consolidation, recapitalization,
reclassification, stock split, stock dividend, combination of shares or the like, the aggregate number and class of securities available under the Plan shall be ratably adjusted by the Plan Committee, as determined by the Plan Committee to be
appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. The Plan Committee shall, in such manner as it may deem equitable, adjust any or all of (i) the number
and type of Shares (or other securities or property) with respect to which Awards may be granted, (ii) the number and type of Shares (or other securities or property) subject to outstanding Awards, and (iii) the grant or exercise price
with respect to any Award or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding 

  

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Award; provided that the number of Shares subject to any Award denominated in Shares shall always be a whole number whose determination shall be final and
binding upon the Company and all other interested persons. Shares issued pursuant to the Plan (i) may be treasury shares, authorized but unissued shares or, if applicable, shares acquired in the open market and (ii) shall be fully paid and
nonassessable. 
 1.4 Administration of the Plan. The Plan shall be administered by the Plan Committee. Subject to the
provisions of the Plan, the Plan Committee shall interpret the Plan and all Awards under the Plan, shall make such rules as it deems necessary for the proper administration of the Plan, shall make all other determinations necessary or advisable for
the administration of the Plan and shall correct any defect or supply any omission or reconcile any inconsistency in the Plan or in any Award under the Plan in the manner and, to the extent that the Plan Committee deems desirable, to effectuate the
Plan. Any action taken or determination made by the Plan Committee pursuant to this and the other paragraphs of the Plan shall be conclusive and binding upon the Company and all other interested parties. 
 1.5 Amendment and Discontinuance of the Plan. The Board may amend, suspend or terminate the Plan; provided,
however, that, without the consent of the holder of an Award, no amendment, suspension or termination of the Plan may terminate such Award or adversely affect such person’s rights with respect to such Award in any material
respect; provided further, however, that any amendment that would constitute a “material revision” of the Plan (as that term is used in the rules of any exchange on which the Common Stock is traded) shall be
subject to Stockholder approval. 
 1.6 Granting of Awards to Participants. The Plan Committee shall have the authority to
grant, prior to the expiration date of the Plan, Awards to such Employees, Service Providers and Non-Employee Directors as may be selected by it on the terms and conditions hereinafter set forth in the Plan. In selecting the persons to receive
Awards, including the type and size of the Award, the Plan Committee may consider any factors that it may deem relevant. Notwithstanding the foregoing, any Awards made to members of the Plan Committee or any Service Provider to the Plan Committee or
the Board, must be approved by the full Board. 
 1.7 Term of Plan. The Plan shall be effective as of June 20, 2006 (the
“Effective Date”), subject to approval by the Stockholders. The provisions of the Plan are applicable to all Awards granted on or after the Effective Date. If not sooner terminated under the provisions of Section 1.5
hereof, the Plan shall terminate upon, and no further Awards shall be made, after the tenth anniversary of the Effective Date. 
 1.8 Leave of Absence. If an Employee is on military, sick leave or other bona fide
leave of absence, such person shall be considered an “Employee” for purposes of an outstanding Award during the period of such leave provided it does not exceed 90 days, or, if longer, so long as the person’s right to reemployment is
guaranteed either by statute or by contract. If the period of leave exceeds 90 days, such Employee’s Employment (as defined below) shall be deemed to have terminated on the 91st day of such leave, unless the person’s right to reemployment is guaranteed by statute or contract. 
  

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 ARTICLE II 
 NON-QUALIFIED STOCK OPTIONS 
 2.1 Grants. Provided that such grant does not constitute a
deferral of compensation within the meaning of section 409A of the Code, the Plan Committee may grant Non-Qualified Stock Options to purchase Common Stock to any Employee, Service Provider or Non-Employee Director of the Company or of any Affiliate
that is a corporation or other entity in a chain of corporations and/or other entities in which the Company has a “controlling interest” within the meaning of Treas. Reg. § 1.414(c)-2(b)(2)(i), but using the threshold of 50
percent ownership wherever 80 percent appears. 
 2.2 Calculation of Exercise Price. The exercise price to be paid for each share of
Common Stock deliverable upon exercise of each Non-Qualified Stock Option granted under this Article II shall not be less than the FMV Per Share on the date of grant of such Non-Qualified Stock Option. The exercise price for each Non-Qualified Stock
Option granted under this Article II shall be subject to adjustment as provided in Section 1.3 herein. 
 2.3 Terms and Conditions of
Non-Qualified Stock Options. Non-Qualified Stock Options shall be in such form as the Plan Committee may from time to time approve, shall be subject to the following terms and conditions and may contain such additional terms and conditions, not
inconsistent with this Article II, as the Plan Committee shall deem desirable: 
 (a) Option Period and Conditions and Limitations on
Exercise. No Non-Qualified Stock Option shall be exercisable later than the Option Expiration Date. To the extent not prohibited by other provisions of the Plan, each Non-Qualified Stock Option shall be exercisable at such time or times as the
Plan Committee in its discretion may determine at the time such Non-Qualified Stock Option is granted. 
 (b) Manner of Exercise. In
order to exercise a Non-Qualified Stock Option, the person or persons entitled to exercise it shall deliver to the Company payment in full for the shares being purchased, together with any required withholding taxes. The payment of the exercise
price, together with any required withholding taxes, for each Non-Qualified Stock Option shall be made (i) in cash or by check payable and acceptable to the Company, (ii) with the consent of the Plan Committee, by tendering to the Company
shares of Common Stock owned by the person for more than six months having an aggregate Fair Market Value as of the date of exercise that is not greater than the full exercise price for the shares with respect to which the Non-Qualified Stock Option
is being exercised and by paying any remaining amount of the exercise price as provided in (i) above, or (iii) subject to such instructions as the Plan Committee may specify, at the person’s written request the Company may deliver
certificates for the shares of Common Stock for which the Non-Qualified Stock Option is being exercised to a broker for sale on behalf of the person; provided that the person has irrevocably instructed such broker to remit directly to
the Company on the person’s behalf the full amount of the exercise price from the proceeds of such sale. In the event that the person elects to make payment as allowed under clause (ii) above, the Plan Committee may, upon confirming that
the Optionee owns the number of additional shares being tendered, authorize the issuance of a new certificate for the number of shares being acquired pursuant to the exercise of the Non-Qualified Stock Option less the number of shares being tendered
upon the exercise and return to the person (or not require 

  

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surrender of) the certificate for the shares being tendered upon the exercise. If the Plan Committee so requires, such person or persons shall also deliver a
written representation that all shares being purchased are being acquired for investment and not with a view to, or for resale in connection with, any distribution of such shares. 
 (c) Options not Transferable. Except as provided below, no Non-Qualified Stock Option granted hereunder shall be transferable other than by
(i) will or by the laws of descent and distribution or (ii) pursuant to a domestic relations order and, during the lifetime of the Participant to whom any such Non-Qualified Stock Option is granted, and it shall be exercisable only by the
Participant (or his guardian). Any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of, or to subject to execution, attachment or similar process, any Non-Qualified Stock Option granted hereunder, or any right thereunder,
contrary to the provisions hereof, shall be void and ineffective, shall give no right to the purported transferee, and shall, at the sole discretion of the Plan Committee, result in forfeiture of the Non-Qualified Stock Option with respect to the
shares involved in such attempt. With respect to a specific Non-Qualified Stock Option, the Participant (or his guardian) may transfer, for estate planning purposes, all or part of such Non-Qualified Stock Option to one or more immediate family
members or related family trusts or partnerships or similar entities. 
 (d) Listing and Registration of Shares. Each Non-Qualified
Stock Option shall be subject to the requirement that if at any time the Plan Committee determines, in its discretion, that the listing, registration, or qualification of the shares subject to such Non-Qualified Stock Option under any securities
exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary or desirable as a condition of, or in connection with, the issue or purchase of shares thereunder, such Non-Qualified Stock
Option may not be exercised in whole or in part unless such listing, registration, qualification, consent or approval shall have been effected or obtained and the same shall have been free of any conditions not acceptable to the Plan Committee.

 2.4 Amendment. The Plan Committee may, without the consent of the person or persons entitled to exercise any outstanding
Non-Qualified Stock Option, amend, modify or terminate such Non-Qualified Stock Option; provided, however, such amendment, modification or termination shall not, without such person’s consent, reduce or diminish the
value of such Non-Qualified Stock Option determined as if the Non-Qualified Stock Option had been exercised, vested, cashed in or otherwise settled on the date of such amendment or termination or cause such Non-Qualified Stock Option to be subject
to adverse tax consequences under section 409A. The Plan Committee may at any time or from time to time, in its discretion, in the case of any Non-Qualified Stock Option which is not then immediately exercisable in full, accelerate the time or times
at which such Non-Qualified Stock Option may be exercised to any earlier time or times. 
 2.5 Acceleration of Vesting. Any
Non-Qualified Stock Option granted hereunder that is not otherwise vested shall vest (unless specifically provided to the contrary by the Plan Committee in the document or instrument evidencing an Non-Qualified Stock Option granted hereunder) upon
(i) termination of an Employee or Service Provider without Cause or termination by an Employee or Service Provider with Good Reason within one year from the effective date of the Change of Control; or (ii) death or Disability of the
Participant. 
  

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 2.6 Other Provisions. 
 (a) The person or persons entitled to exercise, or who have exercised, a Non-Qualified Stock Option shall not be entitled to any rights as a Stockholder
with respect to any shares subject to such Non-Qualified Stock Option until such person or persons shall have become the holder of record of such shares. 
 (b) No Non-Qualified Stock Option granted hereunder shall be construed as limiting any right that the Company or any Affiliate may have to terminate at any time, with or without cause, the Employment of any person to
whom such Non-Qualified Stock Option has been granted. 
 (c) Notwithstanding any provision of the Plan or the terms of any Non-Qualified
Stock Option, the Company shall not be required to issue any shares hereunder if such issuance would, in the judgment of the Plan Committee, constitute a violation of any state, local or federal law or of the rules or regulations of any governmental
regulatory body. 
 (d) No Non-Qualified Stock Option granted hereunder shall include any feature for deferral of compensation other than
deferral of recognition of income until the later of (i) the exercise or disposition of the Non-Qualified Stock Option, as provided under Treas. Reg. § 1.83-7, or (ii) the time the Shares acquired pursuant to the exercise of the
Non-Qualified Stock Option first become substantially vested within the meaning of Treas. Reg. § 1.83-3(b). 
 2.7 No Option
Repricing Without Stockholder Approval. With Stockholder approval only, the Plan Committee may grant to holders of outstanding Non-Qualified Stock Options, in exchange for the surrender and cancellation of such Non-Qualified Stock Options, new
Non-Qualified Stock Options having exercise prices lower than the exercise price provided in the Non-Qualified Stock Options so surrendered and canceled. 
 ARTICLE III 
 INCENTIVE OPTIONS 
 The terms specified below shall be applicable to all Incentive Options. Except as modified by the provisions of this Article III, all the provisions of
Article II hereof shall also be applicable to Incentive Options. Non-Qualified Stock Options shall not be subject to the terms of this Article III. 
 3.1 Eligibility. Incentive Options may be granted only to Employees of the Company or of any Affiliate that is a (i) “parent corporation” of the Company (as defined in section 424(e) of the Code)
or (ii) a “subsidiary corporation” (as defined in section 424(f) of the Code) of any such parent corporation of the Company. Incentive Options may be granted only if the Plan is approved by the Stockholders of the Company within one
year prior to or after the Effective Date. 
 3.2 Exercise Price. The exercise price per Share shall not be less than 100% of the FMV
Per Share on the Option Grant Date. 
  

 -11- 

 3.3 Dollar Limitation. The aggregate Fair Market Value (determined as of the respective date or
dates of grant) of shares of Common Stock for which one or more Options granted to any Employee under the Plan (or any other option plan of the Company or an Affiliate) may for the first time become exercisable as Incentive Options during any one
calendar year shall not exceed the sum of $100,000. To the extent the Employee holds two or more such Options which become exercisable for the first time in the same calendar year, the foregoing limitation on the exercisability of such Options as
Incentive Options shall be applied on the basis of the order in which such Options are granted. 
 3.4 10% Stockholder. If any
Employee to whom an Incentive Option is granted is a 10% Stockholder, then the exercise price per share shall not be less than 110% of the FMV Per Share on the Option Grant Date and the option term shall not exceed five years measured from the
Option Grant Date. 
 3.5 Options Not Transferable. No Incentive Option granted hereunder shall be transferable other than by will or
by the laws of descent and distribution and shall be exercisable during the Optionee’s lifetime only by such Optionee. 
 3.6
Compliance with 422. All Options that are intended to be Incentive Stock Options shall be designated as such in the Option grant and in all respects shall be issued in compliance with Code Section 422. 
 3.7 Limitations on Exercise. No Incentive Option shall be exercisable more than three months after the Optionee ceases (for any reason other than
death or Disability, or one year if the reason is death or Disability) to be an Employee of the Company or of any Affiliate that is a (i) “parent corporation” of the Company (as defined in section 424(e) of the Code) or (ii) a
“subsidiary corporation” (as defined in section 424(f) of the Code) of any such parent corporation of the Company. 
 ARTICLE IV

 BONUS STOCK 
 The
Plan Committee may, from time to time and subject to the provisions of this Plan, grant shares of Bonus Stock to Employees, Service Providers and Non-Employee Directors. Such grants of Bonus Stock shall be in consideration of performance of services
by the Participant without additional consideration, except as may be required by the Plan Committee. Bonus Stock shall be shares of Common Stock that are not subject to a Restricted Period under Article VI. 
 ARTICLE V 
 STOCK APPRECIATION RIGHTS
AND RESTRICTED STOCK UNITS 
 5.1 Stock Appreciation Rights. Provided that such grant does not constitute a deferral of
compensation within the meaning of Section 409A of the Code, the Plan Committee is authorized to grant Stock Appreciation Rights to Employees, Service Providers or Non-Employee Directors, of the Company or of any Affiliate that is a corporation
or other entity in a chain of corporations and/or other entities in which the Company has a “controlling interest” within the meaning of Treas. Reg. § 1.414(c)-2(b)(2)(i), but using the threshold of 50 percent ownership wherever
80 percent appears on the following terms and conditions. 
  

 -12- 

 (a) Right to Payment. A Stock Appreciation Right shall confer on the Participant to whom it is
granted a right to receive, upon exercise thereof, the excess of (A) the FMV Per Share on the date of exercise over (B) the FMV Per Share on the date of grant. Such excess may be paid in cash or shares of Common Stock as determined by the
Plan Committee and set forth in the Award agreement. 
 (b) Rights Related to Options. A Stock Appreciation Right granted in
connection with an Option shall entitle a Participant, upon exercise thereof, to surrender that Option or any portion thereof, to the extent unexercised, and to receive payment of an amount computed pursuant to Subsection 5.1(a) hereof. That Option
shall then cease to be exercisable to the extent surrendered. A Stock Appreciation Right granted in connection with an Option shall be exercisable only at such time or times and only to the extent that the related Option is exercisable and shall not
be transferable (other than by will or the laws of descent and distribution) except to the extent that the related Option is transferable. 
 (c) Right Without Option. A Stock Appreciation Right granted independent of an Option shall be exercisable as determined by the Plan Committee and set forth in the Award agreement governing such Stock Appreciation Right. 

(d) Terms. The Plan Committee shall determine at the date of grant the time or times at which and the circumstances under which a Stock
Appreciation Right may be exercised in whole or in part (including achievement of certain performance goals and/or meeting certain future service requirements), the method of exercise, whether or not a Stock Appreciation Right shall be in tandem or
in combination with any other Award and any other terms and conditions of any Stock Appreciation Right. 
 5.2 Restricted Stock Unit
Awards. The Plan Committee is authorized to grant to Participants rights to receive cash or Common Stock equal to the Fair Market Value of a specified number of shares of Common Stock upon vesting (“Restricted Stock Unit
Awards”), following the occurrence of events (such as the achievement of performance goals and/or future service requirements, or a combination of the foregoing): 
 (a) Award and Restrictions. Satisfaction of a Restricted Stock Unit Award shall be conditioned upon the expiration of the vesting period or the
occurrence of events such as the achievement of performance goals and/or future service requirements specified for such Restricted Stock Unit Award by the Plan Committee in the Award agreement at the time of grant. Prior to vesting, Restricted Stock
Unit Awards shall be subject to such restrictions (including a risk of forfeiture), as the Plan Committee may impose, which restrictions shall lapse if, and at the time, vesting is achieved. A Restricted Stock Unit Award shall vest in installments
or otherwise as the Plan Committee may determine. 
 (b) Payment or Satisfaction of
Restricted Stock Unit Awards. The payment of cash or the transfer of shares of Common Stock pursuant to a Restricted Stock Unit Award with respect to which vesting has been achieved shall be made no later than 2  1
/2 months after the vesting date 

  

 -13- 

 
in the form and manner as determined by the Plan Committee and set forth in the Award agreement at the time of the grant. In the event that the payment of
cash or the transfer of shares of Common Stock pursuant to a Restricted Stock Unit Award is to be made to a “specified employee” upon “separation from service” (as such terms are defined under Section 409A of the Code), such
payment or transfer shall be in accordance with Section 11.6 of this Plan. 
 ARTICLE VI 
 RESTRICTED STOCK 
 6.1 Eligible
Persons. All Employees, Service Providers and Non-Employee Directors shall be eligible for grants of Restricted Stock. 
 6.2
Restricted Period and Vesting. 
 (a) A grant of Restricted Stock is a grant of Common Stock to a Participant which is subject to such
limitations (including, without limitation, limitations that qualify as a “substantial risk of forfeiture” within the meaning given to that term under Section 83 of the Code) and restrictions on transfer by the Participant and
repurchase by the Company as the Plan Committee, in its sole discretion, shall determine. Prior to the lapse of such restrictions, the Participant shall not be permitted to transfer such shares. The Company shall have the right to repurchase or
recover such shares for the lesser of (A) the amount of cash paid therefore, if any or (B) the FMV of the shares at the time of repurchase, if (i) the Participant’s Employment from or services to the Company or an Affiliate is
terminated by the Company, such Affiliate or the Participant prior to the lapse of such restrictions or (ii) the Restricted Stock is forfeited by the Participant pursuant to the terms of the Award. 
 (b) Notwithstanding the foregoing, unless the Award specifically provides otherwise, all Restricted Stock not otherwise vested shall vest upon
(i) termination of an Employee or Service Provider without Cause [or termination by an Employee or Service Provider with Good Reason within one year from the effective date of a Change of Control]; or (ii) death or Disability
of the Participant. 
 (c) Each certificate representing Restricted Stock awarded under the Plan shall be registered in the name of the
Participant and, during the Restricted Period, shall be left in deposit with the Company and a stock power endorsed in blank. The grantee of Restricted Stock shall have all the rights of a Stockholder with respect to such shares including the right
to vote and the right to receive dividends or other distributions paid or made with respect to such shares. Any certificate or certificates representing shares of Restricted Stock shall bear a legend similar to the following: 
 The shares represented by this certificate have been issued pursuant to the terms of the Comverge, Inc. 2006 Long-term Incentive Plan (as amended and
restated) and Grant of Restricted Stock dated                 , 20     and may not be sold, pledged, transferred, assigned or otherwise
encumbered in any manner except as is set forth in the terms of such plan or grant. 
  

 -14- 

 (d) After the satisfaction of all of the terms and
conditions set by the Plan Committee with respect to an Award of Restricted Stock, a certificate, without the legend set forth in Section 6.2(c) above, for the number of shares that are no longer subject to such restrictions, terms and
conditions shall be delivered to the Participant within 2  1/2 months after the vesting date. 

ARTICLE VII 
 PERFORMANCE AWARDS

 7.1 Performance Awards. To the extent the Plan Committee determines that any Award granted pursuant to this Plan shall be
contingent upon performance goals or shall constitute performance-based compensation for purposes of Section 162(m) of the Code, the grant or settlement of the Award shall, in the Plan Committee’s discretion, be subject to the achievement
of performance goals determined and applied in a manner consistent with this Section 7.1. The Plan Committee may grant Performance Awards based on performance criteria measured over a Performance Period. The Plan Committee may use such business
criteria and other measures of performance as it may deem appropriate in establishing any performance conditions, and may exercise its discretion to increase the amounts payable under any Award subject to performance conditions except as limited
under Section 7.2 hereof in the case of a Performance Award granted to a Covered Employee. 
 7.2 Performance Goals. The grant
and/or settlement of a Performance Award shall be contingent upon the terms set forth in this Section 7.2. 
 (a) General. The
performance goals for Performance Awards shall consist of one or more business criteria and a targeted level or levels of performance with respect to each such criteria, as specified by the Plan Committee. In the case of any Award granted to a
Covered Employee, performance goals shall be designed to be objective and shall otherwise meet the requirements of Section 162(m) of the Code and regulations thereunder (including Treasury Regulations sec. 1.162-27 and successor regulations
thereto), including the requirement that the level or levels of performance targeted by the Plan Committee are such that the achievement of performance goals is “substantially uncertain” at the time the Award is granted. The Plan Committee
may determine that such Performance Awards shall be granted and/or settled upon achievement of any one performance goal or that two or more of the performance goals must be achieved as a condition to the grant and/or settlement of such Performance
Awards. Performance goals may differ among Performance Awards granted to any one Participant or for Performance Awards granted to different Participants. 
 (b) Business Criteria. One or more of the following business criteria for the Company, an a consolidated basis, and/or for specified subsidiaries, divisions or business or geographical units of the Company
(except with respect to the total stockholder return and earnings per share criteria), shall be used by the Plan Committee in establishing performance goals for Performance Awards granted to a Participant: (i) earnings per share;
(ii) increase in revenues; (iii) increase in cash flow; (iv) increase in cash flow return; (v) return on net assets; (vi) return on assets; (vii) return on investment; (viii) return on capital; (ix) return on
equity; (x) economic value added; (xi) gross margin; (xii) net income; (xiii) pretax earnings; (xiv) pretax earnings before interest, (xv) pretax earnings before interest, depreciation and amortization;
(xvi) pretax operating earnings after interest expense and before incentives, service fees and 

  

 -15- 

 
extraordinary or special items; (xvii) operating income; (xviii) total stockholder return; (xix) debt reduction; (xx) increases in
megawatts through new contract executions; (xxi) successful completion of an acquisition, initial public offering, private placement of equity or debt; or (xxii) reduction of expenses. Any of the above goals may be determined on the
absolute or relative basis or as compared to the performance of a published or special index deemed applicable by the Plan Committee including, but not limited to, the Standard & Poor’s 500 Stock Index or a group of comparable
companies. 
 (c) Timing for Establishing Performance Goals. Performance goals in the case of any Award granted to a Participant who
is a Covered Employee shall be established not later than 90 days after the beginning of any Performance Period applicable to such Performance Awards, or at such other date as may be required or permitted for “performance-based
compensation” under Section 162(m) of the Code. 
 (d) Settlement of Performance Awards; Other Terms. After the end of each
Performance Period, the Plan Committee shall determine the amount, if any, of Performance Awards payable to each Participant based upon achievement of business criteria over a Performance Period. The Plan Committee may not exercise discretion to
increase any such amount payable in respect of a Performance Award to a Covered Employee which is designed to comply with Section 162(m) of the Code. The Plan Committee shall specify the circumstances in which such Performance Awards shall be
paid or forfeited in the event of termination of Employment by the Participant prior to the end of a Performance Period or settlement of Performance Awards. 
 (e) Written Determinations. All determinations by the Plan Committee as to the establishment of performance goals, the amount of any Performance Award, and the achievement of performance goals relating to
Performance Awards shall be made in writing in the case of any Award granted to a Participant. The Plan Committee may not delegate any responsibility relating to Performance Awards discussed in this Section 7.2(e). 
 (f) Status of Performance Awards under Section 162(m) of the Code. It is the intent of the Company that Performance Awards granted to persons
who are designated by the Plan Committee as likely to be Covered Employees within the meaning of Section 162(m) of the Code and regulations thereunder (including Treasury Regulations sec. 1.162-27 and successor regulations thereto) shall, if so
designated by the Plan Committee, constitute “performance-based compensation” within the meaning of Section 162(m) of the Code and regulations thereunder. Accordingly, the terms of this Section 7.2 shall be interpreted in a
manner consistent with Section 162(m) of the Code and regulations thereunder. If any provision of the Plan as in effect on the date of adoption or any agreements relating to Performance Awards that are designated as intended to comply with
Section 162(m) of the Code does not comply or is inconsistent with the requirements of Section 162(m) of the Code or regulations thereunder, such provision shall be construed or deemed amended to the extent necessary to conform to such
requirements. 
  

 -16- 

 ARTICLE VIII 
 OTHER STOCK OR PERFORMANCE-BASED AWARDS 
 The Plan Committee is hereby authorized to grant to
Employees, Non-Employee Directors and Service Providers of the Company or its Affiliates, Other Stock or Performance-Based Awards, which shall consist of a right which (i) is not an Award described in any other Article and (ii) is
denominated or payable in, valued in whole or in part by reference to, or otherwise based on or related to, shares of Common Stock (including, without limitation, securities convertible into shares of Common Stock) or cash as are deemed by the Plan
Committee to be consistent with the purposes of the Plan. Subject to the terms of the Plan, the Plan Committee shall determine the terms and conditions of any such Other Stock or Performance-Based Award. 
 ARTICLE IX 
 CERTAIN PROVISIONS
APPLICABLE TO ALL AWARDS 
 9.1 General. Awards may be granted on the terms and conditions set forth herein. In addition, the Plan
Committee may impose on any Award or the exercise thereof, such additional terms and conditions, not inconsistent with the provisions of the Plan, as the Plan Committee shall determine, including terms requiring forfeiture of Awards in the event of
termination of Employment by the Participant and terms permitting a Participant to make elections relating to his Award. Notwithstanding the foregoing, the Plan Committee may amend any Award without the consent of the holder if the Plan Committee
deems it necessary to avoid adverse tax consequences to the holder under Code Section 409A. The Plan Committee shall retain full power and discretion to accelerate or waive, at any time, any term or condition of an Award that is not mandatory
under this Plan; provided, however, that the Plan Committee shall not have discretion to accelerate or waive any term or condition of an Award (i) if such discretion would cause the Award to have adverse tax
consequences to the Participant under 409A, or (ii) if the Award is intended to qualify as “performance-based compensation” for purposes of Section 162(m) of the Code and such discretion would cause the Award not to so qualify.

 9.2 Stand-Alone, Additional, Tandem and Substitute Awards. Awards granted under the Plan may, in the discretion of the Plan
Committee, be granted either alone, in addition to, in tandem with, or in substitution or exchange for, any other Award or any award granted under another plan of the Company, any Affiliate, or any business entity to be acquired by the Company or an
Affiliate, or any other right of a Participant to receive payment from the Company or any Affiliate. Such additional, tandem and substitute or exchange Awards may be granted at any time. If an Award is granted in substitution or exchange for another
Award, the Plan Committee shall require the surrender of such other Award in consideration for the grant of the new Award. Notwithstanding anything in the Plan to the contrary, Options granted in substitution or exchange for an option in a corporate
transaction shall be granted in accordance with the rules of Treasury Regulations section 1.424-1. In addition, Awards may be granted in lieu of cash compensation, including, but not limited to, in lieu of cash amounts payable under other plans of
the Company or any Affiliate. 
 9.3 Term of Awards. The term or Restricted Period of each Award that is an Option, Stock Appreciation
Right, Restricted Stock Unit or Restricted Stock shall be for such period as 

  

 -17- 

 
may be determined by the Plan Committee; provided that in no event shall the term of any such Award exceed a period of ten years (or such
shorter terms as may be require in respect of an Incentive Stock Option under Section 422 of the Code). 
 9.4 Form and Timing of
Payment under Awards; Deferrals. Subject to the terms of the Plan and any applicable Award agreement, payments to be made by the Company or an Affiliate upon the exercise of an Option or other Award or settlement of an Award may be made in a
single payment or transfer, in installments or on a deferred basis. The settlement of any Award may be subject to any limitations or contingent upon the occurrence of one or more specified events as set forth in the related Award agreement. In the
discretion of the Plan Committee, Awards granted pursuant to Article V or VII hereof may be payable in cash or shares to the extent permitted by the terms of the applicable Award agreement. Installment or deferred payments may be required by the
Plan Committee (subject to the consent of the Participant in the case of any deferral of an outstanding Award not provided for in the original Award agreement) or permitted at the election of the Participant on terms and conditions established by
the Plan Committee; provided, however, that no deferral shall be required or permitted by the Plan Committee if such deferral would result in adverse tax consequences to the Participant under Section 409A of the
Code. Payments may include, without limitation, provisions for the payment or crediting of reasonable interest on installment or deferred payments or the grant or crediting of amounts in respect of installment or deferred payments denominated in
shares. Any deferral shall only be allowed as is provided in a separate deferred compensation plan adopted by the Company, which plan shall be compliant with Section 409A of the Code. The Plan shall not constitute an “employee benefit
plan” for purposes of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended. 
 9.5 Vested and Unvested Awards. After the satisfaction of all of the terms and conditions set by the Plan Committee with respect to an Award of (i) Restricted Stock, a certificate, without the legend set
forth in Section 6.2(c) hereof, for the number of shares that are no longer subject to such restrictions, terms and conditions shall be delivered to the Participant within 2  1/2 months after the vesting date, (ii) Restricted Stock Unit, to the extent not paid in cash, a certificate for the number of shares equal to the number of shares of
Restricted Stock Unit earned shall be delivered to the Participant within 2  1/2 months after the vesting date,
and (iii) Stock Appreciation Rights or Performance Awards, cash and/or a certificate for the number of shares equal in value to the number of Stock Appreciation Rights or amount of Performance Awards vested shall be delivered to the person.
Upon termination, resignation or removal of a Participant under circumstances that do not cause such Participant to become fully vested, any remaining unvested Options, shares of Restricted Stock, Restricted Stock Unit, Stock Appreciation Rights or
Performance Awards, as the case may be, shall either be forfeited back to the Company or, if appropriate under the terms of the Award, shall continue to be subject to the restrictions, terms and conditions set by the Plan Committee with respect to
such Award. 
 9.6 Exemptions from Section 16(b) Liability. It is the intent of the Company that the grant of any
Awards to or other transaction by a Participant who is subject to Section 16 of the Exchange Act shall be exempt from Section 16(b) of the Exchange Act pursuant to an applicable exemption (except for transactions acknowledged by the
Participant in writing to be non-exempt). Accordingly, if any provision of this Plan or any Award agreement does not comply with the requirements of Rule 16b-3 under the Exchange Act as then applicable to any 

  

 -18- 

 
such transaction, such provision shall be construed or deemed amended to the extent necessary to conform to the applicable requirements of Rule 16b-3 so that
such Participant shall avoid liability under Section 16(b). 
 9.7 Adjustment of Awards. In the event that at any time after the
issuance of an Award, the outstanding Shares are changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock
dividend, extraordinary dividend, combination of shares or the like, the aggregate number and class of securities available under the Plan and issued pursuant to any outstanding Awards shall be equitably adjusted by the Committee. Upon the
occurrence of any of the events described in the immediately preceding sentence, and subject to any required action of the Board and the stockholders, in order to ensure that after such event the Shares subject to the Plan and each
Participant’s proportionate interest shall be maintained substantially as before the occurrence of such event, the Committee shall, in such manner as it may deem equitable, adjust (i) the number and type of shares of common stock of the
Company or any Affiliate with respect to which Awards may be granted under the Plan, (ii) the maximum number of shares that may be covered by Awards granted under the Plan during any period, (iii) the maximum number of shares that may be
covered by Awards to any single individual during any calendar year, (iv) the number of shares subject to outstanding Awards, and (v) the grant or exercise price with respect to an Award. In the event of a consolidation or merger in which
the Company is not the surviving corporation or in the event of any transaction that results in the acquisition of substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities
acting in concert, or in the event of the sale or other transfer of substantially all of the Company’s assets (all the foregoing being referred to as “Acquisition Events”) , then the Plan Committee may in its discretion terminate all
outstanding Options and Stock Appreciation Rights by delivering 20-days notice of termination to each holder of such Award; provided, however, that, during the 20-day period following the date on which such notice of termination is delivered, each
such holder shall have the right to exercise in full all of his Options or Stock Appreciation Rights then outstanding. If an Acquisition Event occurs and the Plan Administrator does not terminate the outstanding options pursuant to the preceding
sentence, then the Option or Stock Appreciation Rights shall be adjusted as set forth above. Such adjustment in an outstanding Option shall be made (i) without change in the total price applicable to the Option or any unexercised portion of the
Option (except for any change in the aggregate price resulting from rounding-off of share quantities or prices) and (ii) with any necessary corresponding adjustment in exercise price per share; provided, however, the Committee shall not take
any action otherwise authorized under this Section to the extent that (i) such action would cause (A) the application of Section 162(m) or 409A of the Code to the Award or (B) create adverse tax consequences under
Section 162(m) or 409A of the Code should either or both of those Code sections apply to the Award or (ii) materially reduce the benefit to the Participant without the consent of the Participant. The Committee’s determinations shall
be final, binding and conclusive with respect to the Company and all other interested persons. 
 9.8 Other Provisions. No grant of
any Award shall be construed as limiting any right which the Company or any Affiliate may have to terminate at any time, with or without cause, the Employment of any person to whom such Award has been granted. 
  

 -19- 

 ARTICLE X 
 WITHHOLDING FOR TAXES 
 Any issuance of Common Stock pursuant to the exercise of an Option or payment
of any other Award under the Plan shall not be made until appropriate arrangements, satisfactory to the Company, have been made for the payment of any tax amounts (federal, state, local or other) that may be required to be withheld or paid by the
Company with respect thereto. Such arrangements may, at the discretion of the Plan Committee, include allowing the person to tender to the Company shares of Common Stock owned by the person, or to request the Company to withhold shares of Common
Stock being acquired pursuant to the Award, whether through the exercise of an Option or as a distribution pursuant to the Award, which have an aggregate FMV Per Share as of the date of such withholding that is not greater than the sum of all tax
amounts to be withheld with respect thereto, together with payment of any remaining portion of such tax amounts in cash or by check payable and acceptable to the Company. 
 Notwithstanding the foregoing, if on the date of an event giving rise to a tax withholding obligation on the part of the Company the person is an officer or individual subject to Rule 16b-3 under the Exchange Act,
such person may direct that such tax withholding be effectuated by the Company withholding the necessary number of shares of Common Stock (at the tax rate required by the Code) from such Award payment or exercise. 
 ARTICLE XI 
 MISCELLANEOUS

 11.1 No Rights to Awards. No Participant or other person shall have any claim to be granted any Award, there is no obligation
for uniformity of treatment of Participants, or holders or beneficiaries of Awards and the terms and conditions of Awards need not be the same with respect to each recipient. 
 11.2 No Right to Employment. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the
Company or any Affiliate. Further, the Company or any Affiliate may at any time dismiss a Participant from Employment, free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan or in any Award agreement.

 11.3 Governing Law/Compliance with State Law. The validity, construction and effect of the Plan and any rules and regulations
relating to the Plan shall be determined in accordance with applicable federal law and the laws of the State of Delaware, without regard to any principles of conflicts of law. Notwithstanding the foregoing, all Awards issued under the Plan shall
comply with the applicable laws of any state in which the Participant receiving such Award resides. By way of example, and not in limitation of the foregoing, to the extent required by California law, the Plan Committee may not impose a vesting
schedule upon any Option grant to any resident of California that is more restrictive than 20% per year with the initial vesting to occur not later than one year after the Option Grant Date. However, such limitation shall not be applicable to
any option grants made to individuals who are officers of the Company, non-employee members of the Board or independent contractors. 
  

 -20- 

 11.4 Severability. If any provision of the Plan or any Award is or becomes or is deemed to be
invalid, illegal or unenforceable in any jurisdiction or as to any Participant or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Plan Committee, such provision shall be construed or deemed amended to conform
to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Plan Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction,
Participant or Award and the remainder of the Plan and any such Award shall remain in full force and effect. 
 11.5 Other Laws. The
Plan Committee may refuse to issue or transfer any shares or other consideration under an Award agreement if, acting in its sole discretion, it determines that the issuance or transfer of such shares or such other consideration might violate any
applicable law. 
 11.6 409A Compliance - No Guarantee of Tax Consequences. It is the intention of the Company that all Awards granted
by the Plan Committee be in compliance with Section 409A of the Code in all respects and the Plan shall be so construed; provided, however that the Participant shall be solely responsible for and liable for any tax
consequences (including but not limited to any interest or penalties) as a result of participation in the Plan. Neither the Board, nor the Company nor the Plan Committee makes any commitment or guarantee that any federal, state or local tax
treatment will apply or be available to any person participating or eligible to participate hereunder and assumes no liability whatsoever for the tax consequences to the Participants. Notwithstanding anything herein to the contrary, if any amounts
payable hereunder are reasonably determined by the Plan Committee to be “nonqualified deferred compensation” payable to a “specified employee” upon “separation from service” (as such terms are defined under
Section 409A of the Code), then such amounts that would otherwise be payable upon “separation from service” shall be held and not be paid by the Company upon “separation from service,” but shall be paid as soon as
administratively feasible following the earlier of: (1) the first day that is six months following the Participant’s separation from service; or (2) Participant’s date of death. Such amounts that would otherwise be payable in
installments commencing on separation from service shall be accumulated and paid in a lump sum on the date that is the earlier of (1) or (2) above and shall be paid in installments thereafter. 
 11.7 Shareholder Agreements. The Plan Committee may condition the grant, exercise or payment of any Award upon such person entering into a
stockholders’ agreement in such form as approved from time to time by the Board. 
 *    *    *

  

 -21-Amended and Restated Registration Rights Agreement

 Exhibit 10.42 
 COMVERGE, INC. 
 AMENDED AND RESTATED 
 REGISTRATION RIGHTS AGREEMENT 
 October 16, 2007 

 TABLE OF CONTENTS 
  

			
	 	  	Page
	 ARTICLE I. DEFINITIONS
	  	2  
		
	 ARTICLE II. [INTENTIONALLY OMITTED.]
	  	3  
		
	 ARTICLE III. REGISTRATION
	  	3  
	 Section 3.1 Required Registration
	  	3  
	 Section 3.2 Company Registration.
	  	4  
	 Section 3.3 Registration on Form S-3.
	  	5  
	 Section 3.4 Registration Procedures.
	  	5  
	 Section 3.5 Expenses.
	  	7  
	 Section 3.6 Indemnification and Contribution
	  	8  
	 Section 3.7 Changes in Common Stock.
	  	11
	 Section 3.8 Rule 144 Reporting.
	  	11
	 Section 3.9 Future Registration Rights.
	  	12
	 Section 3.10 Market Stand Off.
	  	12
	 Section 3.11 Termination of Registration Rights.
	  	14
		
	 ARTICLE IV. [INTENTIONALLY OMITTED.]
	  	15
		
	 ARTICLE V. [INTENTIONALLY OMITTED.]
	  	15
		
	 ARTICLE VI. MISCELLANEOUS
	  	15
	 Section 6.1 Assigns.
	  	15
	 Section 6.2 Notices.
	  	15
	 Section 6.3 Governing Law.
	  	15
	 Section 6.4 Amendments.
	  	16
	 Section 6.5 Counterparts; Facsimile Signatures.
	  	16
	 Section 6.6 Severability.
	  	16
	 Section 6.7 Joint Product.
	  	16
	 Section 6.8 Termination of Prior Agreement.
	  	17
	 Section 6.9 Consent to Grant of Registration Rights.
	  	17
	 Section 6.10 Removal of Key Management.
	  	17
		
	 Schedule A        Investors
	  	
	 Schedule B        Principal Stockholders
	  	
	 Schedule C        Key Management
	  	
	 Schedule D        Acquisition Stockholders
	  	

  

 AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT 
 THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made as of the 16th day of October, 2007, by
and among Comverge, Inc., a Delaware corporation (the “Company”), and the stockholders of the Company listed on Schedule A (the “Investors”), the stockholders of the Company listed on
Schedule B (the “Principal Stockholders”), certain members of the Company’s management listed on Schedule C, as the same may be amended from time to time (the “Key Management”) and
certain stockholders of the Company listed on Schedules D-1 and D-2, (the “Acquisition Stockholders”). 
 RECITALS 
 WHEREAS, the Company and certain of its stockholders are parties to that certain Registration
Rights Agreement dated as of July 23, 2007 (the “Prior Agreement”), and each believes that it is in the best interest of the Company and its stockholders to amend and restate the Prior Agreement as set forth herein;

 WHEREAS, the Company completed its initial public offering on April 18, 2007 (the “IPO Date”) and in
connection therewith all of the then-outstanding Preferred Stock of the Company was converted into Common Stock of the Company; 
 WHEREAS, the Company previously offered additional shares of Common Stock and promissory notes convertible (the “Convertible Promissory Notes”) into Common Stock as consideration pursuant to the terms of that
certain Agreement and Plan of Merger dated July 23, 2007 (the “Merger Agreement”); 
 WHEREAS, pursuant
to Section 6.4 of the Prior Agreement, the Prior Agreement may be amended by the written consent of the Company and the holders of at least 60% of the Conversion Shares held by the Investors; and 
 WHEREAS, the Company, undersigned Investors representing greater than 60% of the Conversion Shares held by the Investors, the undersigned
Principal Stockholders, the undersigned members of Key Management and the undersigned Acquisition Stockholders desire to amend and restate the Prior Agreement as set forth herein on behalf of themselves and the parties to the Prior Agreement.

 AGREEMENT 
 NOW,
THEREFORE, in consideration of the foregoing premises, the mutual promises and covenants set forth herein and certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows: 
  

 1 

 ARTICLE I. 
 Definitions 
 As used in this Agreement, the following terms shall have the following
respective meanings: 
 “Affiliate”, as applied to any person or entity, shall mean a person or entity directly or
indirectly (through one or more intermediaries) controlling, controlled by or under common control with the first person or entity, including affiliated venture capital funds. 
 “Commission” shall mean the Securities and Exchange Commission, or any other federal agency at the time charged with primary
responsibility for administering the Securities Act (or any successor legislation). 
 “Common Stock” shall mean the
Common Stock, $0.001 par value, of the Company, as constituted as of the date of this Agreement. 
 “Conversion
Shares” shall mean (i) the shares of Common Stock issued to the Investors set forth on Schedule A and the Acquisition Stockholders set forth on Schedule D-1, and subject to the provisions below, any Note Shares and
Escrowed Shares, (ii) the shares of Common Stock issuable upon the exercise of that certain Amended and Restated Warrant to purchase Series C Preferred Stock of the Company dated effective as of April 4, 2007, and issued to Air Products
and Chemicals, Inc., and (iii) the shares of Common Stock issuable upon the exercise of that certain Amended and Restated Warrant of the Company dated effective as of April 4, 2007, and issued to Partners for Growth, L.P.; provided,
however, that (x) any Note Shares (as defined below) that are Conversion Shares shall not become Conversion Shares until actually issued by the Company, (y) any Escrowed Shares (as defined below) that are Conversion Shares shall not
become Conversion Shares until July 1, 2008, and (z) any shares subject to issuance upon the exercise of either of the warrants set forth in clauses (ii) and (iii) above shall not become Conversion Shares until issued.

 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, or any similar federal statute, and the
rules and regulations of the Commission thereunder, all as the same shall be in effect at the time. 
 “Registration
Expenses” shall mean the expenses so described in Section 3.5. 
 “Registrable Securities”
shall mean (i) the Conversion Shares held by the Investors set forth on Schedule A and the Conversion Shares held by the Acquisition Stockholders set forth on Schedule D-1; (ii) shares of Common Stock now held, as set forth
on Schedule B, or hereafter acquired by the Principal Stockholders; provided, however, that such shares of Common Stock held by the Principal Stockholders shall not be deemed Registrable Securities for the purposes of Sections 3.1,
3.3 and 3.9; (iii) shares of Common Stock now held, as set forth on Schedule C, or hereafter acquired by Key Management; provided, however, that such shares of Common Stock held by Key Management shall not be deemed
Registrable Securities for the purposes of Sections 3.1, 3.3 and 3.9 and; provided further that shares of Common Stock issuable to members of Key Management pursuant to the exercise of options shall be considered Registrable Securities
(within the limitations set forth in this clause (iii)); (iv)

  

 2 

 
shares of Common Stock issued to the Acquisition Stockholders, as set forth on Schedule D-2, pursuant to any merger agreement (including the Merger
Agreement), purchase agreement and other acquisition agreement in connection with a bona fide business acquisition by the Company or its subsidiaries, including (A) shares of Common Stock issuable upon conversion of any convertible promissory
notes (including the Convertible Promissory Notes) issued to the Acquisition Stockholders pursuant to a merger agreement, purchase agreement and other acquisition agreement in connection with a bona fide business acquisition by the Company or its
subsidiaries (the “Note Shares”) and (B) shares of Common Stock held in escrow pursuant to a merger agreement (including the Merger Agreement), purchase agreement and other acquisition agreement in connection with a bona
fide business acquisition by the Company or its subsidiaries (the “Escrowed Shares”); provided, however, that the Note Shares shall not become Registrable Securities until actually issued by the Company and the
Escrowed Shares shall not become Registrable Securities until, (x) with respect to those issued in connection with the Merger Agreement, July 1, 2008, and, (y) with respect to such other Escrowed Shares, the date upon which such
Escrowed Shares are released from escrow pursuant to the terms of the governing escrow agreement; and (v) any Common Stock issued as a dividend or other distribution with respect to or in exchange for or in replacement of the shares referenced
in (i) through (iv) above, in each case with the same limitation thereon; provided further that Registrable Securities shall not include any shares of Common Stock (1) that have been registered under the Securities Act pursuant
to an effective registration statement filed thereunder and disposed of in accordance with the registration statement covering them or (2) that have otherwise been sold to the public. 
 “Securities Act” shall mean the Securities Act of 1933, as amended, or any similar federal statute, and the rules and regulations
of the Commission thereunder, all as the same shall be in effect at the time. 
 “Selling Expenses” shall mean the
expenses so described in Section 3.5. 
 “Time of Sale Information” means the information conveyed to an
investor at the time such investor becomes committed to purchase securities for purposes of determining liability under Sections 12(a)(2) and 17(a)(2) of the Securities Act. 
 ARTICLE II. 
 [Intentionally Omitted.] 
 ARTICLE III. 
 Registration

 Section 3.1 Required Registration 
 (a) At any time after July 23, 2008, the holders of a majority of the Conversion Shares, may request the Company to register
some or all of their Registrable Securities under the Securities Act if the anticipated aggregate price to the public is not less than $8,000,000. Any request for registration (“Registration Request”) shall specify
(A) the approximate number of shares of Registrable Securities requested to be registered and (B) the intended method of distribution of such shares. 
  

 3 

 (b) Within ten days after the receipt of a Registration Request, the Company shall
immediately notify all holders of Registrable Securities (other than Registrable Securities held by Key Management and Principal Stockholders) from whom notice has not been received and shall, subject to the limitations of this
Section 3.1, effect, as expeditiously as is reasonably possible the registration under the Securities Act, for public sale in accordance with the method of disposition specified in such notice from requesting holders, the number of
shares of Registrable Securities specified in such notice (and in all notices received by the Company from other holders within 15 days after the giving of such notice by the Company). In the event that any registration pursuant to this
Section 3.1 shall be, in whole or in part, an underwritten public offering of Common Stock, and the managing underwriters advise the Company in their opinion that the number of securities to be included in such registration exceeds the
number that can be sold in an orderly manner in such offering within the price range acceptable to the Company, then the number of Registrable Securities included in such offering may be reduced, prorate among the Registrable Securities requested to
be included in such offering. 
 (c) The Company will have the right to select one or more underwriters to manage the
offering, subject to the reasonable satisfaction of a majority in interest of the holders of the Conversion Shares initially requesting registration, which approval, if any be required, shall not be unreasonably withheld or delayed; provided,
that if the managing underwriter or underwriters shall be the firm or firms that managed the Company’s most recently completed underwritten public offering of Common Stock, such firms shall be deemed acceptable unless a majority in interest of
the holders the Conversion Shares initially requesting such registration shall object to such firm or firms for reasons related to the ability of such firm or firms to effectively manage the offering. 
 (d) The Company shall be obligated to effect a registration pursuant to this Section 3.1 on two occasions only, and
shall not be required to effect a registration if the Company delivers notice in writing to the holders of Registrable Securities within 30 days of any Registration Request of the Company’s intent to file a registration statement within 90
days. 
 (e) The Company shall be entitled to include in any registration statement referred to in this
Section 3.1, for sale in accordance with the method of disposition specified by requesting holders, shares of Common Stock to be sold by the Company for its own account but only to the extent that such inclusion will not adversely affect
the offering for the account of the holders of Registrable Securities. Except for registration statements on Form S-4, S-8 or any successors thereto, the Company will not file with the Commission any other registration statement with respect to its
Common Stock, whether for its own account or that of other stockholders, from the date of receipt of a notice from requesting holders pursuant to this Section 3.1 until the completion of the period of distribution of the registration
contemplated thereby. 
 Section 3.2 Company Registration. 
 If the Company at any time proposes to register any of its securities under the Securities Act for sale to the public, whether for its own account or for
the account of other security holders or both (except with respect to registration statements on Forms S-4, S-8 or another form not available for registering the Registrable Securities for sale to the public), each such time it will give written
notice to all holders of outstanding Registrable Securities of its intention so to do. Upon the written request 

  

 4 

 
of any such holder, received by the Company within 15 days after the giving of any such notice by the Company, to register any of its Registrable Securities,
the Company will use reasonable best efforts to cause such Registrable Securities to be included in the registration statement proposed to be filed by the Company. In the event that any registration pursuant to this Section 3.2 shall be,
in whole or in part, an underwritten public offering of Common Stock, and the managing underwriters advise the Company in their opinion that the number of securities to be included in such registration exceeds the number that can be sold in an
orderly manner in such offering within the price range acceptable to the Company, then the number of Registrable Securities included in such offering may be reduced, pro rata among the Registrable Securities requested to be included in such
offering; provided, however, that in the case of any underwritten public offering, the number of shares of Conversion Shares included in such offering shall not be reduced below an amount equal to 25% of the total number of shares to be
included. Notwithstanding the foregoing provisions, the Company may withdraw any registration statement referred to in this Section 3.2 without thereby incurring any liability to the holders of Registrable Securities. 
 Section 3.3 Registration on Form S-3. If at any time (i) a holder or holders of Conversion Shares request that the Company file
a registration statement on Form S-3 or any successor thereto for a public offering of all or any portion of their Conversion Shares, the reasonably anticipated aggregate price to the public of which would exceed $2,000,000, and (ii) the
Company is a registrant entitled to use Form S-3 or any successor thereto to register such shares, then the Company shall, as soon as practicable, use reasonable best efforts to effect and maintain such registration under the Securities Act on Form
S-3 or any successor thereto, for public sale in accordance with the method of disposition specified in such notice, the Conversion Shares specified in such notice. The method of disposition may include the registration of such shares “for the
shelf” to be offered on a delayed or continuous basis as provided in Rule 415 under the Securities Act. Whenever the Company is required by this Section 3.3 to use reasonable best efforts to effect the registration on behalf of a
holder or holders of Conversion Shares, the Company shall notify all other holders of Registrable Securities and provide them with the opportunity to participate in the offering in accordance with Section 3.2 hereof (with any exclusion
by underwriters to be pro rata on the basis of the number of shares of Registrable Securities, as defined this Section 3.3 only, requested to be included), and the provisions of paragraphs (c) and (e) of Section 3.1
shall apply to such registration. The Company shall not be required to effect more than two such registrations pursuant to this Section 3.3 in any 12-month period. Registrations effected pursuant to this Section 3.3 shall not
be counted as demand registrations effected pursuant to Section 3.1. 
 Section 3.4 Registration Procedures.
If and whenever the Company is required by the provisions of Section 3.1, 3.2 or 3.3 to use reasonable best efforts to effect the registration of any Registrable Securities under the Securities Act, the Company will, as expeditiously as
possible: 
 (a) prepare and file with the Commission a registration statement (which, in the case of an underwritten
public offering pursuant to Section 3.1, shall be on Form S-1 or other form of general applicability satisfactory to the managing underwriter selected as therein provided) with respect to such securities and use reasonable best efforts
to cause such registration statement to become and remain effective for the period of the distribution 

  

 5 

 
contemplated thereby (determined as hereinafter provided); provided, however, that the Company’s obligation to file a registration statement, or
cause such registration statement to become and remain effective, shall be suspended for a period not to exceed 90 days in any 12-month period if in the reasonable good faith judgment of the Company’s Board of Directors it would be seriously
detrimental to the Company to effect a registration at such time; 
 (b) prepare and file with the Commission such
amendments and supplements to such registration statement and the related prospectus as may be necessary to keep such registration statement effective for the period specified in paragraph (a) above and comply with the provisions of the
Securities Act with respect to the disposition of all Registrable Securities covered by such registration statement in accordance with the sellers’ intended method of disposition set forth in such registration statement for such period;

 (c) furnish to each seller of Registrable Securities and to each underwriter such number of copies of the
registration statement and the prospectus forming a part thereof (including each preliminary prospectus) as such persons reasonably may request in order to facilitate the public sale or other disposition of the Registrable Securities covered by such
registration statement; 
 (d) use reasonable best efforts to register or qualify the Registrable Securities covered
by such registration statement under the securities or “blue sky” laws of such jurisdictions as the sellers of Registrable Securities or, in the case of an underwritten public offering, the managing underwriter reasonably shall request;
provided, however, that the Company shall not for any such purpose be required to qualify generally to transact business as a foreign corporation in any jurisdiction where it is not so qualified or to consent to general service of process in
any such jurisdiction; 
 (e) list the Registrable Securities covered by such registration statement with any
securities exchange (or quotation system) on which the Common Stock of the Company is then listed (or qualified for inclusion); 
 (f) immediately (i) notify each seller of Registrable Securities and each underwriter under such registration statement, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the
happening of any event of which the Company has knowledge as a result of which the prospectus forming a part of such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact
required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing and (ii) use commercially reasonable efforts to amend or supplement such prospectus in order to cause such
prospectus not to include any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing; 
 (g) notify each seller of Registrable Securities, promptly after it shall receive notice thereof, of the time when a registration
statement covering such Registrable Securities has become effective or a prospectus forming a part of the registration statement or supplement thereto has been filed; 
  

 6 

 (h) if the offering is underwritten and at the request of any seller of
Registrable Securities, use reasonable best efforts to furnish on the date that Registrable Securities are delivered to the underwriters for sale pursuant to such registration: (i) an opinion dated such date of counsel representing the Company
for the purposes of such registration, addressed to the underwriters and to such seller, in form and substance as is customarily given in an underwritten public offering; and (ii) a letter dated such date from the independent public accountants
retained by the Company, addressed to the underwriters and to such seller, in form and substance as is customarily given in an underwritten public offering; and 
 (i) make available for inspection by each seller of Registrable Securities, any underwriter participating in any distribution
pursuant to such registration statement, and any attorney or accountant retained by such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the Company, and cause the Company’s officers,
directors and employees to supply all information reasonably requested by any such seller, underwriter, attorney or accountant in connection with such registration statement. 
 (j) For purposes of Section 3.4(a) and 3.4(b), the period of distribution of Registrable Securities in a firm
commitment underwritten public offering shall be deemed to extend until each underwriter has completed the distribution of all securities purchased by it, and the period of distribution of Registrable Securities in any other registration shall be
deemed to extend until the earlier of the sale of all Registrable Securities covered thereby and 120 days after the effective date thereof. 
 (k) It shall be a condition precedent to the obligations of the Company to take any action in connection with each registration pursuant to Sections 3.1, 3.2 or 3.3 hereof, that the sellers of
Registrable Securities furnish to the Company in writing such information with respect to themselves and the proposed distribution by them as reasonably shall be necessary in order to assure compliance with federal and applicable state securities
laws. 
 (l) In connection with each registration pursuant to Sections 3.1, 3.2 or 3.3 covering an underwritten
public offering, the Company shall not be required to include any Registrable Securities in such underwriting unless the holders of such Registrable Securities accept the terms of the underwriting as agreed upon between the Company and the
underwriters selected by it (or by other persons entitled to select the underwriters), provided that, such terms shall not provide for indemnification or contribution obligations on the part of the holders of the Registrable Securities
materially greater than the obligations of such holders pursuant to Section 3.6(b) hereof. 
 Section 3.5
Expenses. All expenses incurred by the Company in complying with Sections 3.1, 3.2 and 3.3, including, without limitation, all registration and filing fees, printing expenses, fees and disbursements of counsel and independent
public accountants for the Company, fees and expenses (including counsel fees) incurred in connection with complying with state securities or “blue sky” laws, fees of the National Association of Securities Dealers, Inc., transfer taxes,
fees of transfer agents and registrars and the reasonable fees and disbursements of one counsel for the sellers of Registrable Securities not to exceed $25,000, but excluding any Selling Expenses, are called “Registration Expenses”. All
underwriting discounts 
  

 7 

 
and selling commissions applicable to the sale of Registrable Securities are called “Selling Expenses”. The Company will pay all Registration
Expenses in connection with each registration statement under Section 3.1, 3.2 or 3.3; provided, however, that the Company shall not be required to pay for any Registration Expenses of any registration proceeding begun pursuant to
Section 3.1 if the registration request is subsequently withdrawn on the written request of the holders of a majority of the Conversion Shares to be registered (in which case all participating holders of Conversion Shares shall bear such
expenses pro rata), unless the holders of a majority of the Conversion Shares agree to forfeit their right to one demand registration pursuant to Section 3.1; provided, further that if at the time of such withdrawal, such holders
of Conversion Shares have learned of a material adverse change in the Company from that known to such holders at the time of the request and have withdrawn the request with reasonable promptness following disclosure by the Company of or such
holders’ otherwise having learned of such material adverse change, then the Company shall pay the Registration Expenses of such holders, and such holders shall not be required to pay any of such expenses and shall not forfeit their right to a
demand registration pursuant to Section 3.1. All Selling Expenses in connection with each such registration statement shall be borne by the participating sellers. 
 Section 3.6 Indemnification and Contribution 
 (a) In the event of a registration of any of the Registrable Securities under the Securities Act pursuant to Section 3.1, 3.2 or 3.3, the Company will indemnify and hold harmless each seller of such
Registrable Securities thereunder, each underwriter of such Registrable Securities thereunder and each other person, if any, who controls such seller or underwriter within the meaning of the Securities Act, against any losses, claims, damages or
liabilities, joint or several, to which such seller, underwriter or controlling person may become subject under the Securities Act, the Exchange Act, any state securities laws or any rule or regulation promulgated under the Securities Act, Exchange
Act or any state securities laws or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) (i) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact
contained in any registration statement under which such Registrable Securities were registered under the Securities Act, any preliminary prospectus, final prospectus or “free writing prospectus” (as defined pursuant to Rule 405 of the
Securities Act) relating thereto, or the Time of Sale Information, each as amended or supplemented, if applicable, (ii) arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading or (iii) arise out of or are based on any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities laws or any rule or
regulation promulgated under the Securities Act, the Exchange Act or any state securities laws, and will reimburse each such seller, each such underwriter and each such controlling person for any legal or other expenses reasonably incurred by them
in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Company will not be liable to any such indemnitee (i) for any amounts paid in settlement of any such loss,
claim, damage, liability, or action if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld, conditioned or delayed), provided that, any settlement effected without the consent of
the Company shall not relieve the Company from any liability which it may have to such indemnified party for such damage other than under this Section 3.6, (ii) if and to the extent that any such loss, claim, damage or liability
arises out of or is based upon an untrue statement or 

  

 8 

 
alleged untrue statement or omission or alleged omission so made in conformity with information furnished by such indemnitee in writing specifically for use
in such registration statement or prospectus, or (iii) if and to the extent that, in the case of a sale directly by such holder of Registrable Securities (including a sale of such Registrable Securities through any underwriter retained by such
holder of Registrable Securities to engage in a distribution solely on behalf of such holder of Registrable Securities), such untrue statement or alleged untrue statement or omission or alleged omission was contained in a preliminary prospectus and
corrected in a final or amended prospectus, and such holder of Registrable Securities failed to deliver a copy of the final or amended prospectus at or prior to the confirmation of the sale of the Registrable Securities to the Person asserting any
such loss, claim, damage or liability in any case where such delivery is required by the Securities Act or any state securities laws, provided that, notice of the filing of such final or amended prospectus was properly delivered by the
Company pursuant to Section 3.4(g). 
 (b) In the event of a registration of any of the Registrable
Securities under the Securities Act pursuant to Section 3.1, 3.2 or 3.3, each seller of such Registrable Securities thereunder, severally and not jointly, will indemnify and hold harmless the Company, each person, if any, who controls
the Company within the meaning of the Securities Act, each officer of the Company who signs the registration statement, each director of the Company, each underwriter and each person who controls any underwriter within the meaning of the Securities
Act, against all losses, claims, damages or liabilities, joint or several, to which the Company or such officer, director, underwriter or controlling person may become subject under the Securities Act, the Exchange Act, any state securities laws or
any rule or regulation promulgated under the Securities Act or any state securities laws or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or
alleged untrue statement of any material fact contained in the registration statement under which such Registrable Securities were registered under the Securities Act, any preliminary prospectus, final prospectus or “free writing
prospectus” (as defined pursuant to Rule 405 of the Securities Act) relating thereto, or the Time of Sale Information, each as amended or supplemented, if applicable, or arise out of or are based upon the omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse the Company and each such officer, director, underwriter and controlling person for any legal or other expenses
reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that such seller will be liable hereunder in any such case if and only to the extent that any such
loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with information pertaining to such seller, as such, furnished in
writing to the Company by such seller specifically for use in such registration statement or prospectus; and provided, further, however, that the liability of each seller hereunder shall be limited to the proportion of any such loss, claim,
damage, liability or expense which is equal to the proportion that the public offering price of the shares sold by such seller under such registration statement bears to the total public offering price of all securities sold thereunder, but not in
any event to exceed the net proceeds (after deduction of underwriting discounts and other Selling Expenses) to such seller from the sale of Registrable Securities covered by such registration statement. 
  

 9 

 (c) Promptly after receipt by an indemnified party hereunder of notice of the
commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the indemnifying party
shall not relieve it from any liability which it may have to such indemnified party other than under this Section 3.6 and shall only relieve it from any liability which it may have to such indemnified party under this
Section 3.6 if and to the extent the indemnifying party is prejudiced by such omission. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the commencement thereof, the
indemnifying party shall be entitled to participate in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel mutually satisfactory to the parties, and, after notice from the indemnifying party to such indemnified
party of its election so to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 3.6 for any legal expenses subsequently incurred by such indemnified party in
connection with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, if the defendants in any such action include both the indemnified party and the indemnifying
party and the indemnified party shall have reasonably concluded that there may be reasonable defenses available to it which are different from or additional to those available to the indemnifying party or if the interests of the indemnified party
reasonably may be deemed to conflict with the interests of the indemnifying party, the indemnified party shall have the right to select a separate counsel and to assume such legal defenses and otherwise to participate in the defense of such action,
with the expenses and fees of such separate counsel and other expenses related to such participation to be reimbursed by the indemnifying party as incurred. No indemnifying party, in the defense of any such claim or litigation shall, except with the
consent of each indemnified party, consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all
liability in respect of such claim or litigation. The indemnifying party also shall be responsible for the expenses of such defense if the indemnifying party does not elect to assume such defense. 
 (d) In order to provide for just and equitable contribution to joint liability under the Securities Act in any case in which
either (i) any holder of Registrable Securities exercising rights under this Agreement, or any controlling person of any such holder, makes a claim for indemnification pursuant to this Section 3.6 but it is judicially determined (by
the entry of a final judgment or decree by a court of competent jurisdiction and the expiration of time to appeal or the denial of the last right of appeal) that such indemnification may not be enforced in such case notwithstanding the fact that
this Section 3.6 provides for indemnification in such case, or (ii) contribution under the Securities Act may be required on the part of any such selling holder or any such controlling person in circumstances for which
indemnification is provided under this Section 3.6; then, and in each such case, the Company and such holder will contribute to the aggregate losses, claims, damages or liabilities to which they may be subject (after contribution from
others) in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other, as well as any other relevant equitable considerations. The relative fault of the parties
shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party
and the parties’ relative intent, knowledge, access to 

  

 10 

 
information and opportunity to correct or prevent such statement or omission; provided, however, that, in any such case, (A) no such holder will
be required to contribute, when added to any amounts paid pursuant to Section 3.6(c), an amount in excess of the net proceeds (after deduction of underwriting discounts and other selling expenses) to such seller from the sale of
Registrable Securities covered by such registration statement; and (B) no person or entity guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any person
or entity who was not guilty of such fraudulent misrepresentation. 
 (e) Any reference in this
Section 3.6 to a registration statement shall be deemed to mean the registration statement, as amended at the time of such registration statement’s effectiveness for purposes of Section 11 of the Securities Act (the
“Effective Time”), including (i) all documents filed as a part thereof or incorporated or deemed incorporated by reference therein, (ii) any information contained or incorporated by reference in a prospectus filed
with the Commission pursuant to Rule 424(b) under the Securities Act, to the extent such information is deemed, pursuant to Rule 430B or Rule 430C under the Act, to be part of the registration statement at the Effective Time, and (iii) any
registration statement filed to register the offering and sale of securities thereunder pursuant to Rule 462(b) under the Securities Act. Any reference in this Section 3.6 to a prospectus or the Time of Sale Information shall be deemed
to refer to and include the documents, if any, incorporated by reference, or deemed to be incorporated by reference, therein, including, unless the context otherwise requires, the documents, if any, filed as exhibits to such incorporated documents.
Any reference in this Section 3.6 to the terms “amend,” “amendment,” or “supplement” (or any derivations thereof) with respect to a registration statement, prospectus or the Time of Sale Information shall be
deemed to refer to and include the filing of any document under the Exchange Act on or after the date of a registration statement, or the date of a prospectus or such Time of Sale Information, as the case may be, and deemed to be incorporated
therein by reference. 
 (f) The rights and obligations of the parties hereto under this Section 3.6 shall
survive the termination of this Agreement. 
 Section 3.7 Changes in Common Stock. If, and as often as, there is any change in
the Common Stock by way of a stock split, stock dividend, combination or reclassification, or through a merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions hereof
so that the rights and privileges granted hereby shall continue with respect to the Common Stock as so changed. 
 Section 3.8 Rule 144
Reporting. With a view to making available the benefits of certain rules and regulations of the Commission which may at any time permit the sale of the Registrable Securities to the public without registration, the Company agrees to:

 (a) make and keep public information available, as those terms are understood and defined in Rule 144 under the
Securities Act; 
 (b) file with the Commission in a timely manner all reports and other documents required of the
Company under the Securities Act and the Exchange Act; and 
  

 11 

 (c) furnish to each holder of Registrable Securities forthwith upon request a
written statement by the Company as to its compliance with the reporting requirements of such Rule 144 and of the Securities Act and the Exchange Act, a copy of the most recent annual or quarterly report of the Company, and such other reports and
documents so filed by the Company as such holder may reasonably request in availing itself of any rule or regulation of the Commission allowing such holder to sell any Registrable Securities without registration. 
 Section 3.9 Future Registration Rights. In addition to any other restrictions imposed hereby, the Company shall not, except with the
consent of the holders of a majority of the Conversion Shares, enter into any agreement with any holder or prospective holder (each, an “Other Holder”) of any securities of the Company that would grant such Other Holder registration rights
that would (i) reduce the amount of Conversion Shares that may be registered pursuant to Section 3.1, 3.2 or 3.3 hereof, or (ii) otherwise provide any Other Holder the right to register any securities. In addition, except with
the consent of the holders of a majority of the Registrable Securities held by the Acquisition Stockholders, the Company shall not enter into any agreement with any Other Holder that would grant such Other Holder registration rights that are
superior to the registration rights of the Acquisition Stockholders hereunder; provided, however, that the foregoing consent of the Acquisition Stockholders shall not be required if Registrable Securities held by the Acquisition
Stockholders are treated pari passu with the registrable securities of such Other Holder(s) on a pro rata basis. 
 Section 3.10 Market
Stand Off. 
 (a) In order to provide for an orderly market for the sale of Common Stock in offerings to which
this Agreement relates and to enable the parties hereto to benefit from such an orderly market, each Investor, Principal Stockholder, Acquisition Stockholder and Key Manager hereby agrees that in the event the Company notifies the holders in writing
that it intends to file a registration statement for an underwritten public offering of its Common Stock (other than a registration statement described in Section 3.10(f)) with the SEC (a “Filing Notice”), each
Investor, Principal Stockholder, Acquisition Stockholder and Key Manager shall not, directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or
dispose of any securities of the Company held by it at any time, excluding shares of Common Stock included in such registration, during the period of time commencing on the date of receipt of the Filing Notice (calculated in accordance with the
notice provisions hereof) and ending on: 
 (i) the 31st day following the date of receipt of the Filing Notice, in the event the Company has not filed a registration statement with the SEC during such time period;
or 
 (ii) in the event the Company files a registration
statement with the SEC within the period of time set forth in clause (i) above, then the earlier of (A) the 91st day following the first filing
of such registration statement or (B) the first day on which a lock-up agreement referenced in Section 3.10(b) becomes effective. 
  

 12 

 The Filing Notice shall include a statement that the anticipated offering price for the Registrable Securities to be
included in such offering is not less that $100 million in the aggregate. 
 (b) In addition to the provisions of
Section 3.10(a), each Investor, Principal Stockholder, Acquisition Stockholder and Key Manager also hereby agrees that, during the period of time requested by the managing underwriter(s) in the applicable offering (not to exceed 90 days)
following the date of the final prospectus related to a registration statement of the Company filed under the Securities Act, it shall not, to the extent requested by the Company and such underwriter, directly or indirectly sell, offer to sell,
contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of any securities of the Company held by it at any time during such period except Common Stock included in such
registration. 
 (c) Notwithstanding the foregoing, an Investor, Principal Stockholder, Acquisition Stockholder or Key
Manager shall be allowed to pledge shares of Common Stock pursuant to a bona fide pledge; provided, and only if, (i) the pledgee with respect to such shares executes an agreement substantially in the form attached hereto as
Exhibit A and (ii) the shares of Common Stock subject to the pledge are released to the applicable Investor, Principal Stockholder, Acquisition Stockholder or Key Manager no later than the third business day following the closing of
the offering to which this Section 3.10 applies. 
 (d) In order to enforce the covenants set forth in
this Section 3.10, the Company may impose stop transfer instructions with respect to the Registrable Securities of each (and the shares or securities of every other person subject to the foregoing restriction) until the end of such
period. 
 (e) Each holder of Conversion Shares hereby agrees that in the event such holder, directly or indirectly,
sells, offers to sell, contracts to sell (including, without limitation, any short sale), grants any option to purchase or otherwise transfers or disposes of Registrable Securities, such shares shall be deemed to be Conversion Shares unless such
holder delivers to the Company within 10 days after such sale, offer, grant, transfer or disposition a written notice indicating that such shares are not Conversion Shares and shall indicate the manner in which the Registrable Securities proposed to
be sold, offered, granted, transferred or disposed of were previously acquired by such holder. 
 (f) The obligations
described in this Section 3.10 shall not apply to a registration (i) relating solely to employee benefit plans on Form S-l or Form S-8 or similar forms which may be promulgated in the future, (ii) relating solely to an SEC Rule
145 transaction on Form S-4 or similar forms that may be promulgated in the future or (iii) in which the anticipated offering price to the public for the Registrable Securities to be included in the offering is less than $100 million in the
aggregate. 
 (g) The obligations of each Investor, Principal Stockholder, Acquisition Stockholder and Key Manager
under this Section 3.10 shall terminate upon the termination of the Company’s obligations to register Registrable Securities held by such party pursuant to Section 3.11. 
  

 13 

 (h) The provisions of this Section 3.10 shall apply only to the next
offering following the effectiveness of this Amended and Restated Registration Rights Agreement (the “Next Offering”); provided, however, upon written notice signed by the Company and the holders of at least 60% of the
then-outstanding Conversion Shares, the provisions of this Section 3.10 may be made applicable to future registrations (other than registrations described in Section 3.10(f)) of the Company. 
 (i) For purposes of the Next Offering, the parties hereto agree that (i) the form of Lock-up Agreement attached as Exhibit
B hereto shall serve as the requested lock-up agreement for purposes of Section 3.10(b) and (ii) the initial lock-up period that is the subject of the lock-up agreement set forth in the foregoing clause (i) for the Next
Offering shall not extend beyond March 31, 2008. 
 (j) Notwithstanding the foregoing, (i) with respect to
Section 3.10(a), the Company shall have the authority to allow such exceptions to Section 3.10(a) (and the other provisions of this Section 3.10 applicable thereto, excluding Section 3.10(b)) as it
deems advisable; provided that such granting of an exception must be in writing; and provided further that in the event of any release of any securities from the restrictions set forth in Section 3.10(a) the other parties
hereto then subject to the restrictions set forth in this Section 3.10(a) shall be released from such restrictions on a pro rata basis; provided, however, there shall be no such pro rata release if it is determined by a majority
of the members of the Company’s Board of Directors then in office that there shall be no pro rata release and (ii) with respect to Section 3.10(b), the Company and the managing underwriter(s) in such offering shall have the
authority to allow such exceptions to Section 3.10(b) (and the other provisions of this Section 3.10 applicable thereto, excluding Section 3.10(a)) as they together deem advisable; provided that such
granting of an exception must be in writing; and provided further that in the event of any release of any securities from the restrictions set forth in Section 3.10(b) the other parties hereto then subject to the restrictions set
forth in this Section 3.10(b) shall be released from such restrictions on a pro rata basis; provided, however, there shall be no such pro rata release if it is determined by both the managing underwriter(s) for such
offering and a majority of the members of the Company’s Board of Directors then in office that there shall be no pro rata release. 
 (k) The Company hereby agrees that it will not enter into an underwriting agreement for an offering to which this Section 3.10 applies unless such underwriting agreement contains provisions
requiring that the underwriters in such offering abide, to the extent applicable, by the provisions of this Section 3.10. 
 Section 3.11 Termination of Registration Rights. The obligations of the Company to register Registrable Securities under Section 3.1, 3.2 or 3.3 for a holder of Registrable Securities shall terminate on the
earliest to occur of (i) the fifth anniversary of the IPO Date (April 18, 2012) and (ii) the date on which such holder can, in the reasonable opinion of counsel to the Company, sell all shares of his Registrable Securities in a three-month
period without registration under the Securities Act pursuant to Rule 144 under the Securities Act; provided, however, that the obligation of the Company to register Registrable Securities under Section 3.1, 3.2 or 3.3 shall
continue with respect to any holder while such holder owns more than 1% of the Company’s outstanding Common Stock (as calculated for purposes of paragraph (e) of Rule 144). 
  

 14 

 ARTICLE IV. 
 [Intentionally Omitted.] 
 ARTICLE V. 
 [Intentionally Omitted.] 
 ARTICLE VI. 
 Miscellaneous 
 Section 6.1 Assigns. All covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors and assigns of
the parties hereto, including, without limitation, transferees of any Registrable Securities, whether so expressed or not, each of whom as a condition to such transfer shall execute an Adoption Agreement in the form attached hereto as Exhibit
C; provided, however, that rights to register Registrable Securities pursuant to Article III may be transferred only to (i) any then-current holder of Registrable Securities, (ii) any Affiliate of a holder of Registrable
Securities, (iii) any family member or trust of any individual holder of Registrable Securities, (iv) a transferee who acquires at least 250,000 shares of Registrable Securities or (v) a transferee if the Company approves of the
transfer of such rights in writing. 
 Section 6.2 Notices. Any notice required or permitted by this Agreement shall be in
writing and shall be deemed effectively given: (1) upon actual delivery, when delivered personally; (b) upon receipt when sent by confirmed telegram or fax if sent during normal business hours, and if not, then on the next business day;
(c) one day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt; (d) five business days after being deposited in the U.S. mail, as certified or registered mail,
return receipt requested, postage prepaid if addressed to U.S. addressees or (e) seven business days after being deposited in the U.S. mail, as certified or registered mail, return receipt requested, postage prepaid if addressed to non-U.S.
addressees. All communications hereunder shall be sent addressed as follows (or at such other address as a party may designate by ten days’ advance written notice to the other parties hereto): 
 (i)    if to the Company, at its principal place of business, with a copy to Steven M. Tyndall, Fish &
Richardson, PC, 111 Congress Avenue, Suite 810, Austin, TX 78701, facsimile: (512) 320-8935; 
 (ii)    if to any holder of Registrable Securities, at such address as may have been furnished to the Company in writing by such holder. 
 Section 6.3 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without giving effect to principles of conflicts of laws. 
  

 15 

 Section 6.4 Amendments. This Agreement may not be amended or modified, and no provision
hereof may be waived, without the written consent of the Company and the holders of at least 60% of the Conversion Shares held by the Investors; provided, however, that (i) in the event such amendment or waiver adversely affects the
rights and/or obligations of the Principal Stockholders, Acquisition Stockholders or Key Management in a different manner than the Investors, such amendment or waiver shall also require the written consent of the holders of a majority of the Common
Stock then held by the Principal Stockholders, the Acquisition Stockholders or the holders of a majority of the Common Stock then held by Key Management who are then providing services to the Company as an employee, officer or director, as the case
may be, (ii) any amendment or waiver that affects one holder of Conversion Shares in a disproportionately adverse manner as compared to other holders of Conversion Shares must be approved by the disproportionately affected holder of Conversion
Shares and (iii) in the event such amendment or waiver adversely affects the registration rights of the Acquisition Stockholders under Article III or the rights of the Acquisition Stockholders under this Section 6.4, such amendment
or waiver shall also require the written consent of the holders of a majority of the Registrable Securities then held by the Acquisition Stockholders; and provided further that the Board of Directors shall have the right (a) to amend or modify
the list of Key Management on Schedule C hereto from time to time to add or remove certain individuals who become or are no longer employees, officers or directors of the Company; provided, however, that, subject to
Section 6.10, the Board shall not remove any individual from Schedule C without the consent of such member of Key Management and (b) to amend or modify the list of Acquisition Stockholders on Schedule D hereto
from time to time to add certain entities or individuals that may become stockholders of the Company from time to time in connection with a bona fide business acquisition in which the Company or any subsidiary of the Company is the acquiror. In the
event of any addition of a member of Key Management or Acquisition Stockholder who shall have been approved by the Board of Directors, such member of Key Management or Acquisition Stockholder shall become a party to this Agreement upon receipt from
such new member of Key Management or Acquisition Stockholder of a fully executed adoption agreement in the form attached as Exhibit C hereto. Any amendment or waiver effected in accordance with this Section shall be binding upon each holder
of Registrable Securities then outstanding, each future holder of all such Registrable Securities and the Company. 
 Section 6.5
Counterparts; Facsimile Signatures. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may be
executed by facsimile signatures. 
 Section 6.6 Severability. If any provision of this Agreement shall be held to be illegal,
invalid or unenforceable, such illegality, invalidity or unenforceability shall attach only to such provision and shall not in any manner affect or render illegal, invalid or unenforceable any other provision of this Agreement, and this Agreement
shall be carried out as if any such illegal, invalid or unenforceable provision were not contained herein. 
 Section 6.7 Joint
Product. This Agreement is the joint product of the Company and the other parties hereto and each provision hereof and thereof has been subject to 

  

 16 

 
the mutual consultation, negotiation and agreement of the Company and the other parties hereto and shall not be construed against any party hereto.

 Section 6.8 Termination of Prior Agreement. The parties hereto agree that the Prior Agreement is hereby amended and restated
and shall be of no further force or effect. 
 Section 6.9 Consent to Grant of Registration Rights. Pursuant to
Section 3.9 of the Prior Agreement, the Investors (as defined in the Prior Agreement) holding a majority of the Preferred Registrable Securities (as defined in the Prior Agreement) hereby consent to the grant of registration rights provided for
in this Agreement. 
 Section 6.10 Removal of Key Management. As set forth in Section 6.4, as a general matter Key
Manager may not be removed from this Agreement without the written consent of such Key Manager. Notwithstanding the foregoing, a Key Manager may be removed from this Agreement by the affirmative consent of a majority of the Company’s Board of
Directors then in office in the event such Key Manager’s service with the Company is terminated (i) by the Company for “Cause” as such term is defined in the employment agreement between the Company and such Key Manager or, if
there shall be no such employment agreement or if such employment agreement does not contain such defined term, then as such term is defined in the Company’s 2006 Long-term Incentive Plan or (ii) by the Key Manager other than for
“Good Reason” as such term is defined in the employment agreement between the Company and such Key Manager or, if there shall be no such employment agreement or if such employment agreement does not contain such defined term, then as such
term is defined in the Company’s 2006 Long-term Incentive Plan; provided, however, if at the time of the proposed removal of a Key Manager by the Company’s Board of Directors pursuant to this Section 6.10, such Key
Manager is subject to the transfer restrictions set forth in Section 3.10(b), then the Key Manager shall remain a party to this Agreement and such removal shall not be effective until the earlier of (a) the release of such Key
Manager from such transfer restrictions or (b) the termination of such period in accordance with the agreement between the managing underwriters and the Key Manager. 
 [Signature pages follow] 
  

 17 

 IN WITNESS WHEREOF, the undersigned party has executed this counterpart signature page to the
Registration Rights Agreement as of the date first written above. 
 COMPANY: 
 COMVERGE, INC. 
 /s/ Robert M.
Chiste                                       
                  
 Robert M.
Chiste 
 Chief Executive Officer 
 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	INVESTORS:
	
	AIR PRODUCTS AND CHEMICALS, INC.
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	ACORN FACTOR, INC.
		
	 By:
	 	 /s/ John A. Moore

	 Name:
	 	 John A. Moore

	 Title:
	 	 Chief Executive Officer

	
	ENERTECH CAPITAL PARTNERS II L.P.
		
	 By:
	 	     ECP II Management L.P.,

		 	     Its General Partner

		
	 By:
	 	     ECP II Management L.L.C.,

		 	     Its General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

	
	ECP II INTERFUND L.P.
		
	 By:
	 	     ECP II Management L.P.,

		 	     Its General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

  
  
 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	INVESTORS:
	
	EASTON HUNT CAPITAL PARTNERS, L.P.
		
	 By:
	 	     EHP GP, L.P.,

		 	     Its General Partner

		
	 By:
	 	     EHC, Inc.,

		 	     Its General Partner

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	E.ON VENTURE PARTNERS
		
	 By:
	 	 
	 Name:
	 	 
		 	     Managing Director

		
	 By:
	 	 
		 	     Steffen Hasselwander

		 	     Managing Director

	
	PARTNERS FOR GROWTH L.P.
		
	 By:
	 	     Partners for Growth, LLC,

		 	     Its General Partner

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	 NTH POWER TECHNOLOGIES FUND II, L.P.,
 NTH POWER TECHNOLOGIES FUND II-A, L.P.

		
	 By:
	 	    NTH POWER MANAGEMENT II, L.P.
		 	    AND
		 	    NTH POWER MANAGEMENT II-A, L.L.C.
		
	 By:
	 	    NTH POWER L.L.C.
		 	    THEIR MANAGEMENT AGENT
		
	 By:
	 	 /s/ Tim Woodward

	 Name:
	 	 Tim Woodward

	 Title:
	 	 Managing Director

 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	INVESTORS:
	
	RIDGEWOOD COMVERGE, LLC
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	SHELL INTERNET VENTURES B.V.
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	NORSK HYDRO TECHNOLOGY VENTURES AS
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 
	
	ROCKPORT CAPITAL PARTNERS, L.P.
		
	 By:
	 	    ROCKPORT CAPITAL I, LLC
		 	    ITS GENERAL PARTNER
		
	 By:
	 	 /s/ Alexander Ellis III

	 Name:
	 	 Alexander Ellis III

	 Title:
	 	 Managing Member

	
	RP CO-INVENTMENT FUND I, L.P.
		
	 By:
	 	    RP CO-INVESTMENT FUND I GP, LLC
		 	    ITS GENERAL PARTNER
		
	 By:
	 	 /s/ Alexander Ellis III

	 Name:
	 	 Alexander Ellis III

	 Title:
	 	 Managing Member

	
	EMERSON VENTURES INC.
		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  
 [COUNTERPART SIGNATURE
PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	INVESTORS:
	
	 
	 Richard Preston

	
	 
	 John Rossi

	
	 
	 Joseph Esteves

  
  
  
  
 [COUNTERPART
SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	PRINCIPAL STOCKHOLDERS:
	
	ACORN FACTOR, INC.
		
	 By:
	 	 /s/ John A. Moore

	 Name:
	 	 John A. Moore

	 Title:
	 	 Chief Executive Officer

  
  
  
  
  
 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

	
	 KEY MANAGEMENT:
  

	
	 
	 Robert M. Chiste

  

	
	
	
	 
	 T. Wayne Wren

  

	
	
	
	 
	 Frank Magnotti

  

	
	
	
	 
	 Edward J. Myszka

  

	
	
	
	 
	 Michael D. Picchi

  

	
	
	
	 
	 John Rossi

  

	
	
	
	 
	 Arthur Vos, IV

  

	
	
	
	 
	 Dean Musser

  

	
	
	
	 
	 Tom Van Denover

  
  
  
  
  
  
 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT]

			
	ACQUISITION STOCKHOLDERS:
	
	ENERTECH CAPITAL PARTNERS L.P.
		
	 By:
	 	     ECP Management L.P.,

		 	     Its General Partner

		
	 By:
	 	     ECP Management L.L.C.,

		 	     Its General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

	
	ENERTECH CAPITAL PARTNERS II L.P.
		
	 By:
	 	     ECP II Management L.P.,

		 	     Its General Partner

		
	 By:
	 	     ECP II Management L.L.C.,

		 	     Its General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

	
	ECP II INTERFUND L.P.
		
	 By:
	 	     ECP II Management L.P.,

		 	     Its General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

	
	ENERTECH CAPITAL HOLDING COMPANY, L.P.
		
	 By:
	 	 EnerTech Capital Holding Company Manager,

		 	     LLC, as General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

  
 [COUNTERPART SIGNATURE
PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

			
	ENERTECH CAPITAL PARTNERS, L.P.
		
	 By:
	 	 EnerTech Management, L.P., as General

		 	     Partner

		
	 By:
	 	 EnerTech Management Company, L.P., as

		 	     General Partner

		
	 By:
	 	 EnerTech Management Company Manager,

		 	     LLC, as General Partner

		
	 By:
	 	 /s/ Scott Ungerer

		 	     Scott Ungerer

		 	     Managing Director

  
  
  
  
  
 [COUNTERPART SIGNATURE PAGE TO COMVERGE, INC. REGISTRATION RIGHTS AGREEMENT] 

 List of Omitted 
 Annexes and Exhibits 
 The following schedules and exhibits to the Amended and Restated Registration
Rights Agreement shall be provided to the Securities and Exchange Commission by the issuer upon request: 
  

			
		
	Schedule A	  	Investors
		
	Schedule B	  	Principal Stockholders
		
	Schedule C	  	Key Management
		
	Schedule D-1	  	Acquisition Stockholders
		
	Schedule D-2	  	Acquisition Stockholders
		
	Exhibit A	  	Form of Letter Agreement Pursuant to Section 3 10(c)
		
	Exhibit B	  	Form of Lock-Up Agreement
		
	Exhibit	  	Adoption Agreement

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