Document:

Exhibit
10.7

       

      AMENDMENT
TO REGISTRATION RIGHTS AGREEMENT

       

      AMENDMENT
dated as of May 9, 2008 to the Registration Rights Agreement dated as of June
25, 2007 (the “Agreement”) by and among GSC
Acquisition Company, a Delaware corporation (the “Company”) and GSC Secondary
Interest Fund, LLC, James K. Goodwin and Richard A. McKinnon (each a “Founder”, and collectively the
“Founders”).

       

      W
I T N E S S E T H :

       

      WHEREAS,
the Company has entered into that certain Agreement and Plan of Merger dated as
of the date hereof between the Company, GSCAC Holdings I LLC, a Delaware limited
liability company, GSCAC Holdings II LLC, a Delaware limited liability company,
GSCAC Merger Sub LLC, a Delaware limited liability company and Complete Energy
Holdings, LLC, a Delaware limited liability company (the “Merger
Agreement”);

       

      WHEREAS,
in connection with the Merger Agreement, registration rights are being granted
to certain Persons under the registration rights agreement to be entered into as
of the Closing (as defined in the Merger Agreement) in the form attached as
Exhibit G to the Merger Agreement (the “Exchange Rights Holders’ Registration
Rights Agreement”); and

       

      WHEREAS,
the parties hereto desire to amend the Agreement to provide the parties under
the Exchange Rights Holders’ Registration Rights Agreement certain rights under
this Agreement as further set forth below.

       

      NOW,
THEREFORE, the parties hereto agree as follows:

       

      SECTION
1 .  Defined Terms;
References.  Unless
otherwise specifically defined herein, each term used herein that is defined in
the Agreement has the meaning assigned to such term in the
Agreement.  Each reference to “hereof”, “hereunder”, “herein” and
“hereby” and each other similar reference and each reference to “this Agreement”
and each other similar reference contained in the Agreement shall, after this
Amendment becomes effective, refer to the Agreement as amended
hereby.

       

      SECTION
2 .  Definitions.  (a)
Section 1.01 of the Agreement is amended by adding the following
definition:

       

      “Exchange Rights Holders’ Registration
Rights Agreement” means the Registration Rights Agreement dated as of the
Closing Date (as defined in the Agreement and Plan of Merger dated as of May 9,
2008 between the Company, GSCAC Holdings I LLC, a Delaware limited liability
company, GSCAC Holdings II LLC, a Delaware limited liability company, GSCAC
Merger Sub 

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      LLC, a
Delaware limited liability company and Complete Energy Holdings, LLC, a Delaware
limited liability company (the “Merger Agreement”)) by and
among Complete Energy Holdings Corporation, a Delaware corporation formerly
named GSC Acquisition Company and the persons named therein.

       

      (b) The
definition of “Common
Stock” in the recitals of the Agreement shall be amended and restated as
follows:

       

      “Common Stock” shall mean Class
A common stock, par value $0.001, of the Company and any other securities into
which the Company’s Class A common stock is converted or changed.

       

      SECTION
3 .  Reduction of
Offering.  Section 2.02(g)(i) of the Agreement is amended and
restated to read as follows:

       

      
        (i)         first,
Registrable Securities that the Demanding Holders have requested to be
registered in accordance with this Agreement and any shares of Common Stock
requested to be registered in accordance with the Exchange Rights Holders’
Registration Rights Agreement, in an aggregate amount up to but not exceeding
the Maximum Number of Securities (allocated pro rata among the holders
thereof, based, for each such holder, on the percentage derived by dividing (x)
the number of Registrable Securities (as defined in this Agreement or the
Exchange Rights Holders’ Registration Rights Agreement, as applicable) that such
holder has requested to include in such Demand Registration by (y) the aggregate
number of Registrable Securities (as defined in this Agreement or the Exchange
Rights Holders Registration Rights Agreement, as applicable) that all such
holders have requested to include);

      

       

      SECTION
4 .  Reduction Of Incidental
Registration.  Sections 2.03(b)(i) and (b)(ii) of the Agreement
are amended and restated to read as follows:

       

      (i)           if
the registration is undertaken for the Company’s account: (x) first, the
securities that the Company desires to sell that can be sold without exceeding
the Maximum Number of Securities and (y) second, to the extent that the Maximum
Number of Securities has not been reached under the foregoing clause (x),
securities, if any, including the Registrable Securities as to which
registration has been requested pursuant to written contractual incidental
registration rights of security holders (including this Agreement and the
Exchange Rights Holders’ Registration Rights Agreement) that can be sold without
exceeding the Maximum Number of Securities (pro rata in accordance with
the number of shares or other securities which each such Person has actually
requested to be included in such registration);

       

      (ii)           if
the registration is a demand registration undertaken by Persons with demand
rights pursuant to a written contractual arrangement 

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      other than
this Agreement or the Exchange Rights Holders’ Registration Rights Agreement,
(w) first, securities for the account of the demanding Persons that can be sold
without exceeding the Maximum Number of Securities, (x) second, to the extent
that the Maximum Number of Securities has not been reached under the foregoing
clause (w), securities that the Company desires to sell and that can be sold
without exceeding the Maximum Number of Securities, (y) third, to the extent
that the Maximum Number of Securities has not been reached under the foregoing
clauses (w) and (x), securities (including the Registrable Securities) as to
which registration has been requested pursuant to a written contractual
incidental registration rights of security holders (including this Agreement and
the Exchange Rights Holders’ Registration Rights Agreement) that can be sold
without exceeding the Maximum Number of Securities (pro rata in accordance
with the number of shares or other securities which each such Person has
actually requested to be included in such registration), and (z) fourth, to the
extent that the Maximum Number of Securities have not been reached under the
foregoing clauses (w), (x) and (y), securities that other security holders
desire to sell without exceeding the Maximum Number of Securities.

       

      SECTION
5 .  Governing Law.  This
Amendment shall be governed by and construed in accordance with the laws of the
State of New York.

       

      SECTION
6 .  Counterparts.  This
Amendment may be signed in any number of counterparts, each of which shall be an
original, with the same effect as if the signatures thereto and hereto were upon
the same instrument.

       

      SECTION
7 .  Effectiveness.  This
Amendment shall become effective at the Closing (as defined in the Merger
Agreement).

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      
 

       

      IN WITNESS
WHEREOF, the parties hereto have caused this Amendment to be duly executed as of
the date first above written.

       

      

       

      
        	
                GSC
      ACQUISITION COMPANY

                 

              	 
	
                By:

              	/s/
      Matthew Kaufman	 
	
                Name:
      Matthew Kaufman

              	 
	
                Title:
      President

              	 

      

      

      
        	
                GSC
      SECONDARY INTEREST FUND, LLC

                 

                Fax:

              	 
	
                By:

              	/s/
      Matthew Kaufman	 
	
                Name:
      Matthew Kaufman

              	 
	
                Title:

              	 

      

      

      

      
        	
                JAMES
      K. GOODWIN

                 

                Fax:

              	 
	
                By:

              	/s/
      James K.  Goodwin	 
	
                Name:James
      K. Goodwin

              	 

      

      

      

      
        	
                RICHARD
      A. MCKINNON

                 

                Fax:
      (214) 522-4161

              	 
	
                By:

              	/s/
      Richard A. McKinnon	 
	
                Name:Richard
      A. McKinnonExhibit
10.8

       

       

      NON-SOLICITATION,
NONDISCLOSURE AND

      CONFIDENTIALITY
AGREEMENT

       

      THIS
AGREEMENT is made on May 9, 2008 between GSC Acquisition Company, a Delaware
corporation (the “Company”) and Peter J. Dailey
(“PJD”).

       

      WHEREAS,
the Company, GSCAC Holdings I LLC, a Delaware limited liability company, GSCAC
Holdings II LLC, a Delaware limited liability company, GSCAC Merger Sub LLC, a
Delaware limited liability company (“MergerSub”) and Complete
Energy Holdings, LLC, a Delaware limited liability company (“CEH”) entered into an
Agreement and Plan of Merger, dated as of May 9, 2008, (the “Merger Agreement”) upon the
consummation of which Merger Sub will be merged with and into CEH, with CEH as
the surviving entity and a subsidiary of the Company;

       

      WHEREAS,
in connection with and by virtue of the transactions contemplated by the Merger
Agreement, PJD will transfer all his rights, title and interests in CEH in
exchange for a portion of the “CEH Group Merger Consideration” (as
defined in and determined pursuant to Exhibit F to the Merger
Agreement);

       

      WHEREAS,
the Company and PJD desire to memorialize his agreement, in exchange for a
portion of the CEH Group Merger Consideration, not to solicit employees of the
Company or its affiliates or disclose any confidential information of the
Company or any of its affiliates as provided herein;

       

      NOW,
THEREFORE, in consideration of the premises and mutual covenants herein, the CEH
Group Merger Consideration and for other good and valuable consideration, the
parties agree as follows:

       

      1. Non-Solicitation.  During
the two-year period beginning on the Closing Date (as defined in the Merger
Agreement) (the “Restricted
Period”), PJD will not induce any employee of the Company or its
affiliates to terminate his or her employment with the Company or its
affiliates, or solicit for hire or employment or assist in the hiring or
employment of any such employee by any Person (as defined in the Merger
Agreement) not affiliated with the Company unless such employee shall have
ceased to be employed by the Company or any of its affiliates for a period of at
least 12 months; provided,
however, that this Section 1 shall not apply to any solicitation (or
hiring or employment as a result of any solicitation) that consists of
advertising in a newspaper or periodical of general circulation or through the
Internet.

       

      2. Nondisclosure and Nonuse of
Confidential Information.  During the Restricted Period, PJD
agrees not to disclose to others, use for his own benefit or purposes or the
benefit or purposes of any other Person other than the Company and any of its
affiliates, any trade secrets, information, data, or other confidential

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      information
relating to customers, development programs, costs, marketing, trading,
investment, sales activities, promotion, business planning, credit and financial
data, manufacturing processes, financing methods, plans, or the business and
affairs of the Company generally, or of any affiliate of the Company; provided that the foregoing
shall not apply to (a) confidential information which is or becomes a part of
the public domain or is available to the public by publication or otherwise
without disclosure by PJD; (b) confidential information which, either prior or
subsequent to the Company’s disclosure to PJD, was disclosed to PJD, without an
obligation of confidentiality, by a third party who did not acquire such
information, directly or indirectly from PJD or the Company, or from any third
party who is under an obligation of confidentiality; or (c) any disclosure of
confidential information by PJD which is required by law, including deposition
or trial testimony by PJD pursuant to subpoena.  If PJD is requested
or required (by oral questions, interrogatories, requests for information or
documents, subpoena, civil investigative demand, or similar process) to disclose
any confidential information, PJD will promptly notify the Company of such
request or requirements so that the Company may seek an appropriate protective
order or waive compliance with the provisions of this Agreement.  PJD
confirms that he has returned to the Company all memoranda, books, papers,
plans, information, letters and other data, and all copies thereof or therefrom,
in any way relating to the business of the Company and its affiliates, other
than personal notes, notebooks and diaries.  PJD further agrees that
he will not retain or use for his account at any time any trade names, trademark
or other proprietary business designation used or owned in connection with the
business of the Company or its affiliates.

       

      3. Specific
Performance.  PJD acknowledges and agrees that the Company’s
remedies at law for a breach or threatened breach of any of the provisions of
Section 1 or Section 2 would be inadequate and, in recognition of this fact, PJD
agrees that, in the event of such a breach or threatened breach, in addition to
any remedies at law, the Company, without posting any bond, shall be entitled to
obtain equitable relief in the form of specific performance, temporary
restraining order, temporary or permanent injunction or any other equitable
remedy which may then be available.

       

      4. Assignment.  This
Agreement shall not be assignable by PJD.

       

      5. Successors; Binding
Agreement.  This Agreement shall inure to the benefit of and be
binding upon personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees.

       

      6. Counterparts;
Effectiveness.  This Agreement may be signed in counterparts,
each of which shall be an original, with the same effect as if the signatures
thereto and hereto were upon the same instrument.  This Agreement

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      shall
become effective when each party hereto shall have received a counterpart hereof
signed by the other party hereto.

       

      7. Governing
Law.  This Agreement shall be governed by and construed in
accordance with the laws of the State of Texas.

       

      8. Severability.  Should
a court determine that any provision in this Agreement is illegal or
unenforceable, such determination shall solely affect such provision and shall
not impair the remaining provisions of this Agreement.

       

       

      
        
          
          

        

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

       

      
        
          	GSC
      ACQUISITION COMPANY	 	 	PETER
      J. DAILEY	 
	 	 	 	 	 	 
	By:	
                  /s/
      Matthew Kaufman

                	 	 	
                  /s/
      Peter J. Dailey

                	 
	 	
                  Name:
      Matthew Kaufman

                	 	 	
                  Name: Peter
      J. Dailey

                	 
	 	
                  Title: President

                	 	 	
                  Address:
      Managing Director

                	 

        

      

       

    

     

     

     

     

    4

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