Document:

EX-4.4

 Exhibit 4.4 
 REGISTRATION RIGHTS AGREEMENT 
 This Registration Rights Agreement (this
“Agreement”), dated as of May 2, 2012, is entered into by and between American Electric Technologies, Inc., a Florida corporation (the “Company”), and JCH Crenshaw Holdings, LLC, a Texas limited liability
company (“Investor”). 
 RECITALS 
 WHEREAS, pursuant to that certain Securities Purchase Agreement by and between the Company and Investor executed on April 13, 2012 (the “Purchase Agreement”), Investor will purchase
from the Company (i) 250,000 shares of Series A Convertible Preferred Stock, par value $0.001 per share (the “Series A Preferred”), and (ii) warrants (the “Warrants”) to purchase 325,000 shares of Common
Stock, par value $0.001 per share (the “Common Stock”), on the terms contained therein. 
 WHEREAS, as a
condition to Investor’s obligation to consummate the transactions contemplated by the Purchase Agreement, the Company has agreed to grant certain registration rights with respect to their Registrable Securities (as defined below) as set forth
herein. 
 NOW, THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1.
Definitions.
 For purposes of this Agreement, the terms set forth below shall have the respective meanings assigned to
them in this Section 1. All capitalized terms used but not defined in this Agreement shall have the meanings assigned to them in the Purchase Agreement. 
 “Registrable Securities” shall mean (i) the shares of Common Stock issuable upon conversion of the Series A Preferred, (ii) the shares of Common Stock issuable upon exercise(s)
of the Warrants and (iii) any securities issued or issuable with respect to the securities described in clauses (i) and (ii) by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization,
merger, consolidation or other reorganization; provided, however, that as to any particular Registrable Securities, such securities shall cease to be Registrable Securities when (x) a registration statement with respect to the sale of
such securities shall have become effective under the Securities Act and such securities shall have been disposed of in accordance with such registration statement or (y) such securities shall have been sold to the public pursuant to
Rule 144 (or any successor provision) under the Securities Act. 
 “Stockholders” shall mean any Person
that holds Registrable Securities. 
 Section 2. Demand Registration Rights. 

2.1 The Company hereby grants to the Stockholders, and to each of them, the right to require the Company to use its best
efforts to cause the registration for sale in a public offering of all or a portion of the Stockholders’ Registrable Securities in 

 
accordance with this Section 2; provided, however, that the Company shall not have any obligation to effect more than a total of one (1) effective registration pursuant to this
Section 2. If the Company shall have received a written request submitted by one or more Stockholders owning at least a majority of the Registrable Securities outstanding (assuming for purposes of such calculation the conversion of all Series A
Preferred and exercise of all Warrants in each case then constituting Registrable Securities) at the time of such request (the “Requisite Holders”) that such Stockholders desire to have the Company register Registrable Securities
for sale and specifying the number of Registrable Securities proposed to be sold (for the purposes of this Section 2, together with the Registrable Securities referred to in subsection 2.1.2 below, “Covered Securities”), which
request shall in no event cover less than 25% of the Registrable Securities (assuming for purposes of such calculation the conversion of all Series A Preferred and exercise of all Warrants in each case then constituting Registrable Securities), and
the proposed plan for distribution of the Covered Securities, the Company will: 
 2.1.1 Give prompt (but in any
event within fifteen (15) days after the receipt of the Requisite Holders’ notice) notice to all other Stockholders of such request and of such other Stockholders’ rights to have their Registrable Securities included in such
registration. 
 2.1.2 Upon the request of any such Stockholder made within fifteen (15) days after the
receipt by such Stockholder of the notice given pursuant to subsection 2.1.1 (which request shall specify the Registrable Securities intended to be included in such registration by such Stockholder and the intended method or methods of disposition
thereof), the Company will use its reasonable best efforts to effect the registration of all Covered Securities which the Company has been so requested to register pursuant to this Section 2.1. 

2.1.3 Prepare and file as soon as practicable, but in no event later than thirty (30) days from the Company’s
receipt of the last Stockholder’s request to have such Stockholder’s Registrable Securities included in such registration within the time period specified in Section 2.1.2, a registration statement under the Securities Act (inclusive
of the Prospectus included therein, all supplements and amendments thereto, and all exhibits and materials incorporated by reference therein, a “Registration Statement”) with the Securities and Exchange Commission
(“Commission”) on Form S-1 (or Form S-3, if the Company is entitled to use such form, or other appropriate forms available for use by the Company) and use its reasonable best efforts to cause such Registration Statement to
become effective in order that the Stockholders may sell the Covered Securities in accordance with the proposed plan of distribution. 
 2.1.4 Prepare and file with the Commission such amendments and supplements to such Registration Statement and the prospectus used in connection therewith including any preliminary prospectus or
supplemental or amended prospectus (a “Prospectus”) as may be necessary to keep such Registration Statement continuously effective and to comply with the provisions of the 

  
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Securities Act with respect to the offer of the Covered Securities during the period required for distribution of the Covered Securities, which period shall not be in excess of the earlier of
(i) two years from the effective date of such Registration Statement and (ii) the sale or other disposition of all Covered Securities covered by such Registration Statement. 

2.1.5 Furnish to each Stockholder such number of copies of the Prospectus (including any preliminary prospectus or
supplemental or amended prospectus) as such Stockholder may reasonably request in order to facilitate the sale and distribution of the Covered Securities. 
 2.1.6 Notwithstanding the foregoing, if the Company shall furnish to each Stockholder a certificate signed by the President of the Company stating that, in the good faith judgment of the Board of
Directors of the Company, it would be seriously detrimental to the Company and its stockholders for such Registration Statement to be filed and it is therefore essential to defer the filing of such Registration Statement, the Company shall have the
right to defer such filing for a period of not more than sixty (60) days after receipt of the request of the Stockholder; provided, however, that the Company may not utilize this right with respect to a request under
Section 2 more than once in any twelve (12) month period. 
 2.2 The right of each Stockholder to
require the Company to register Covered Securities pursuant to the provisions of this Section 2 shall be subject to the condition that if a request for registration is made within sixty (60) days prior to the conclusion of the
Company’s then current fiscal year, the Company shall have the right to delay the filing of the Registration Statement until the Company files with the Commission its audited financial statements for such fiscal year. 

2.3 If the Requisite Holders intend to distribute the Registrable Securities covered by the notice pursuant to
Section 2.1 by means of an underwriting, the Requisite Holders shall so advise the Company as a part of the notice made pursuant to Section 2.1 and provide the name of the managing underwriter or underwriters that the Requisite Holders
propose to engage in connection with the proposed public offering. If the managing underwriter of such underwritten offering shall inform the Company and the Stockholders requesting that their Covered Securities be registered pursuant to this
Section 2 by letter of its belief that the amount of Covered Securities requested to be included in such registration exceeds the amount which can be sold in (or during the time of) such offering within a price range acceptable to the Requisite
Holders, then the Company will include in such registration such amount of Covered Securities which the Company is so advised can be sold in (or during the time of) such offering pro rata on the basis of the amount of such Covered Securities
so proposed to be sold and so requested to be included by the respective Stockholders. 
 2.4 A registration
shall not be deemed to have been effected (i) unless it has become effective and remained effective for the period specified in subsection 2.1.4, (ii) if, after it has become effective, such registration is terminated by a stop order,

  
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injunction or other order of the Commission or other governmental agency or court, or (iii) if the conditions to closing specified in any purchase agreement or underwriting agreement entered
into in connection with such registration are not satisfied for any reason, other than as a result of the voluntary termination of such offering by the Requisite Holders or any failure by the Requisite Holders to satisfy or perform the conditions or
covenants on their part to be satisfied or performed. 
 Section 3. Piggy-Back Registration Rights. 

3.1 If the Company proposes to file, on its own behalf or on behalf of any holder of Common Stock or other securities of
the Company, a Registration Statement under the Securities Act on Form S-1 or S-3 or similar forms available for use by the Company, other than pursuant to Section 2 of this Agreement or on Form S-8 in connection with a dividend
reinvestment, employee stock purchase or employee stock option plan or similar plan or on Form S-4 in connection with a merger, consolidation or reorganization, the Company shall give written notice to each Stockholder at least ten (10) days
before the filing with the Commission of such Registration Statement. Such notice shall offer to include in such filing all or a portion of the Registrable Securities owned by each Stockholder. If a Stockholder desires to include all or a portion of
its Registrable Securities in such Registration Statement, it shall give written notice to the Company within three (3) business days after the date of mailing of such offer specifying the amount of Registrable Securities to be registered (for
purposes of this Section 3, “Covered Securities”). The Company shall thereupon include in such filing the Covered Securities, subject to priorities in registration set forth in this Agreement, and subject to its right to
withdraw such filing, and shall use its reasonable best efforts to effect the registration under the Securities Act of the Covered Securities. 
 3.2 The right of a Stockholder to have Covered Securities included in any Registration Statement in accordance with the provisions of this Section 3 shall be subject to the following conditions:

 3.2.1 The Company shall have the right to require that the Stockholder agree to refrain from offering or
selling any shares of Common Stock that it owns which are not included in any such Registration Statement filed on the Company’s behalf in accordance with this Section 3 for any reasonable time period, not to exceed ninety (90) days,
as may be specified by any managing underwriter of the offering to which such Registration Statement relates. 

3.2.2 If (i) a registration pursuant to this Section 3 involves an underwritten offering of the securities being
registered to be distributed (on a firm commitment basis) by or through one or more underwriters of recognized standing under underwriting terms appropriate for such a transaction and (ii) the managing underwriter of such underwritten offering
shall inform the Company and the Stockholders who have requested that their Covered Securities be registered pursuant to this Section 3 by letter of its belief that the amount of Covered Securities requested to be included in such registration
exceeds the amount which can be sold in (or during the time of) such offering within a price 

  
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range acceptable to the Company or the requesting Stockholders holding a majority of the Covered Securities, then the Company will include in such registration such amount of securities which the
Company is so advised can be sold in (or during the time of) such offering as follows: (A) if the Registration Statement was filed by the Company on its own behalf, first, the securities being offered by the Company for its own account;
second, the Covered Securities of the Stockholders which are requested to be included in such registration pro rata on the basis of the amount of such Covered Securities so proposed to be sold and so requested to be included by such
Stockholders; and third, the securities of the Company, if any, proposed to be included in the registration by any other holders of the Company’s securities (whether or not such holders have contractual rights to include such securities
in the registration); and (B) if the Registration Statement was filed by the Company on behalf of a Person other than the Company, first, the securities of the Company being offered by the Person requesting such registration;
second, the Covered Securities of the Stockholders which are requested to be included in such registration pro rata on the basis of the amount of such Covered Securities so proposed to be sold and so requested to be included by such
Stockholders; third, the securities of the Company, if any, that the Company proposes to offer for its own account; and fourth, the securities of the Company, if any, proposed to be included in the registration by any other holders of
the Company’s securities (whether or not such holders have contractual rights to include such securities in the registration). 
 3.2.3 The Company shall furnish each Stockholder with such number of copies of the Prospectus as such Stockholder may reasonably request in order to facilitate the sale and distribution of its Covered
Securities. 
 3.3 Notwithstanding the foregoing, the Company in its sole discretion may determine not to file
the Registration Statement or proceed with the offering as to which the notice specified in Section 3.1 is given, without liability to the Stockholders. 
 Section 4. Participation in Underwritten Registrations. A Stockholder may not participate in any registration hereunder which relates to an underwritten offering unless such Stockholder
(a) agrees to sell its Registrable Securities included in such registration on the basis provided in any underwriting arrangements approved by the holders of at least a majority of the Registrable Securities to be included in such registration,
or by a Person appointed by such holders to act on their behalf to approve such arrangements, and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required
under the terms of such underwriting arrangements, provided, however, that no Stockholder shall be required to make any representations or warranties to, or agreements with, the Company or any underwriters other than such representations,
warranties or agreements as are customary and reasonably requested by the underwriters. 
 Section 5. No Contravening
Agreements. From and after the date of this Agreement, the Company will not, without the prior written consent of Stockholders holding at least a majority of the Registrable Securities then outstanding (assuming for purposes of such
calculation the conversion of all Series A Preferred and the exercise of all Warrants in each case 

  
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then constituting Registrable Securities), enter into any agreement with respect to its securities that violates or is detrimental to the rights granted to the Stockholders in this Agreement. The
foregoing shall not restrict or prevent the Company from entering into any other agreement with any party pertaining to the registration by the Company of such party’s Common Stock, provided, however, that no such agreement shall grant
to any Person registration rights that are superior or preferential to the rights granted to the Stockholders hereunder or that would otherwise frustrate the purposes of this Agreement. The Company represents and warrants to the Stockholders that,
as of the date hereof, the Company is not a party to any agreement, other than this Agreement, pertaining to the registration by the Company of Common Stock or any security convertible into or exchangeable for Common Stock. 

Section 6. Expenses. The Company shall bear all the fees and expenses in connection with any registration under this
Agreement, other than commissions and discounts of brokers, dealers and underwriters. Such fees and expenses will include, without limitation, (i) all registration and filing fees (including without limitation fees and expenses (x) with
respect to filings required to be made with The Financial Industry Regulatory Authority, Inc. or any successor thereto and (y) of compliance with securities or blue sky laws (including without limitation reasonable fees and disbursements of
counsel for the underwriters and selling Stockholders in connection with qualifications of the Registrable Securities and determination of the eligibility of the Registrable Securities for investment under the laws of such jurisdictions as the
managing underwriter or underwriters, if any, or the selling Stockholder may designate)), (ii) printing expenses (including without limitation the expenses of printing certificates for securities in a form eligible for deposit with The
Depository Trust Company and of printing Prospectuses if the printing of Prospectuses is requested by any selling Stockholder), (ii) messenger, telephone an delivery expenses, (iv) fees and disbursements of counsel for the Company,
(v) fees and disbursements of one counsel for all selling Stockholders (which counsel will be selected by Stockholders holding a majority of the securities sought to be included in the Registration Statement), (vi) fees and disbursements
of all independent certified public accountants (including the expenses of any special audit and comfort letters required by or incident to such performance), and (vii) fees and expenses of all other Persons retained by the Company.
Notwithstanding anything to the contrary herein contained, each selling Stockholder may have its own separate counsel (in addition to the one counsel for all selling Stockholders) in connection with the registration of any of its Registrable
Securities, which counsel may participate therein to the full extent provided herein; provided that all fees and expenses of such separate counsel will by paid for by such selling Stockholder. 

Section 7. Recall of Prospectuses, etc. With respect to a Registration Statement or amendment thereto filed pursuant to
this Agreement, if, at any time, the Company notifies the Stockholders that an amendment to such Registration Statement or an amendment or supplement to the Prospectus included therein is necessary or appropriate, the Stockholders will forthwith
cease selling and distributing Registrable Securities thereunder and will, upon the Company’s request, forthwith redeliver to the Company all copies of such Registration Statement and Prospectuses then in its possession or under its control.
The Company will use its best efforts to cause any such amendment or supplement to become effective as soon as practicable and will furnish the Stockholders with a reasonable number of copies of such amended or supplemented Prospectus (and the
period during which the Company is required to use its best efforts to maintain such Registration Statement in effect pursuant to this Agreement will be increased by a 

  
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number of days equal to the number of days in the period from the date on which the Stockholders were required to cease selling and distributing Registrable Securities thereunder to the date on
which the Company delivers copies of such effective amendment or supplement to the Stockholders). 
 Section 8.
Cooperation. The Company shall be entitled to require the Stockholders to cooperate with the Company in connection with a registration of Registrable Securities pursuant to this Agreement and each Stockholder will furnish (i) such
information concerning such Stockholder as may be required by the Company or the Commission in connection therewith and (ii) such representations, undertakings and agreements as may be required by the Commission in connection therewith.

 Section 9. Registration Procedures. Upon the receipt of a request for registration of any Registrable
Securities pursuant to Section 2 or Section 3 of this Agreement, the Company will use its best efforts to effect the registration of the Registrable Securities in accordance with the intended method of disposition thereof, and pursuant
thereto the Company will as expeditiously as possible: 
 9.1.1 Prepare and file with the Commission a
Registration Statement on an appropriate form under the Securities Act and use its best efforts to cause such Registration Statement to become effective at the earliest practicable date; provided, that before filing a Registration Statement
or Prospectus or any amendments or supplements thereto, including documents incorporated by reference after the initial filing of any Registration Statement, the Company will promptly furnish to the holders of Registrable Securities to be registered
pursuant to this Agreement (the “Registered Holders”) and the underwriters, if any, copies of all such documents proposed to be filed, which documents will be subject to the review of the Registered Holders and the underwriters, and
the Company will not file any Registration Statement or amendment thereto, or any Prospectus or any supplement thereto (including such documents incorporated by reference) to which the Registered Holders or the underwriters, if any, shall reasonably
object in light of the requirements of the Securities Act and any other applicable laws and regulations. 
 9.1.2
Prepare and file with the Commission such amendments and post-effective amendments to the Registration Statement as may be necessary to keep such Registration Statement effective for the applicable period; cause the related Prospectus to be filed
pursuant to Rule 424(b) (or any successor provision) under the Securities Act; cause such Prospectus to be supplemented by any required prospectus supplement and, as so supplemented, to be filed pursuant to Rule 424(b) (or any successor
provision) under the Securities Act; and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period in accordance with the intended methods
of disposition set forth in such Registration Statement or Prospectus or supplement to such Prospectus. 

  
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 9.1.3 Notify the Registered Holders and the managing underwriters, if any,
promptly, and (if requested by any such Person) confirm such advice in writing, (i) when a Prospectus or any supplement to a Prospectus or post-effective amendment has been filed, and, with respect to a Registration Statement or any
post-effective amendment, when the same has become effective, (ii) of any request by the Commission for amendments or supplements to a Registration Statement or related Prospectus or for additional information, (iii) of the issuance by the
Commission of any stop order suspending the effectiveness of a Registration Statement or the initiation of any proceeding for that purpose, (iv) if at any time the representations and warranties of the Company contemplated by subsection 9.1.10
cease to be true and correct, (v) of the receipt by the Company of any notification with respect to the suspension of qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation of any proceeding for such
purpose, (vi) of the happening of any event which requires the making of any changes in a Registration Statement or related Prospectus so that such documents will not contain any untrue statement of a material fact or omit to state any material
fact required to be stated therein or necessary to make the statements therein not misleading and (vii) of the Company’s reasonable determination that a post-effective amendment to a Registration Statement would be appropriate or that
there exist circumstances not yet disclosed to the public which make further sales under such Registration Statement inadvisable pending such disclosures and post-effective amendment. 

9.1.4 Make reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration
Statement, or the lifting of any suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction, at the earliest possible moment. 

9.1.5 If requested by the managing underwriters or the Registered Holders, immediately incorporate in a prospectus
supplement or post-effective amendment such information as the managing underwriters or the Registered Holders request be included therein relating to such sale and distribution of Registrable Securities, including, without limitation, information
with respect to the number of shares of Registrable Securities being sold to such underwriters and the purchase price being paid therefor by such underwriters and with respect to any other terms of the underwritten (or best efforts underwritten)
offering of the Registrable Securities to be sold in such offering; make all required filings of such prospectus supplement or post-effective amendment as soon as notified of the matters to be incorporated in such prospectus supplement or
post-effective amendment; and supplement or make amendments to any Registration Statement if requested by the Registered Holders or any underwriter of such Registrable Securities. 

9.1.6 Upon request of a Registered Holder or a managing underwriter, if any, furnish to such Registered Holder and such
managing underwriter, if any, without charge, at least one signed copy of the Registration Statement, any post-effective amendment thereto, including financial statements and schedules, all documents incorporated therein by reference and all
exhibits (including those incorporated by reference). 

  
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 9.1.7 Deliver without charge to the Registered Holders and the underwriters,
if any, as many copies of the Prospectus or Prospectuses (including each preliminary prospectus) and any amendment or supplement thereto as such Persons may reasonably request; and the Company consents to the use of such Prospectus or any amendment
or supplement thereto by such Registered Holders and the underwriters, if any, in connection with the offer and sale of the Registrable Securities covered by such Prospectus or any amendment or supplement thereto. 

9.1.8 Prior to any public offering of Registrable Securities, register or qualify or cooperate with the Registered
Holders, the underwriters, if any, and respective counsel in connection with the registration or qualification of such Registrable Securities for offer and sale under the securities or blue sky laws of such domestic jurisdictions, as the Registered
Holders or an underwriter reasonably requests in writing; keep each such registration or qualification effective during the period the Registration Statement is required to be kept effective and do any and all other acts or things necessary or
advisable to enable the disposition in such jurisdictions of the Registrable Securities covered by the applicable Registration Statement; provided, however, that the Company will not be required in connection therewith or as a condition
thereto to qualify generally to do business or subject itself to general service of process in any such jurisdiction where it is not then so subject. 
 9.1.9 Upon the occurrence of any event contemplated by subsection 9.1.3(ii)-(vii) above, prepare, to the extent required, a supplement or post-effective amendment to the applicable Registration
Statement or related Prospectus or any document incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchaser of the Registrable Securities being sold thereunder, such Prospectus will not
contain an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. 

9.1.10 Enter into such agreements (including an underwriting agreement) and take all such other actions in connection
therewith in order to expedite or facilitate the disposition of such Registrable Securities and in such connection, whether or not an underwriting agreement is entered into and whether or not the Registrable Securities to be covered by such
registration are to be offered in an underwritten offering: (i) make such representations and warranties to the Registered Holders as to the Registration Statement, Prospectus and documents incorporated by reference, if any, in form, substance
and scope as are customarily made by issuers to underwriters in underwritten offerings and confirm the same if and when requested; (ii) obtain opinions of counsel to the Company and updates thereof with respect to the Registration Statement and
the Prospectus in the form, 

  
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scope and substance which are customarily delivered in underwritten offerings; (iii) in the case of an underwritten offering, enter into an underwriting agreement in form, scope and
substance as is customary in underwritten offerings and obtain opinions of counsel to the Company and updates thereof (which counsel and opinions (in form, scope and substance) shall be satisfactory to the managing underwriters and the Registered
Holders) addressed to the Registered Holders and the underwriters, if any, covering the matters customarily covered in opinions delivered in underwritten offerings and such other matters as may be requested by the Registered Holders and such
underwriters; (iv) obtain comfort letters and updates thereof from the Company’s independent certified public accountants addressed to the Registered Holders and the underwriters, if any, such letters to be in customary form and covering
matters of the type customarily covered in comfort letters by accountants in connection with underwritten offerings; (v) if any underwriting agreement is entered into, the same shall set forth in full the indemnification provisions and
procedures customarily included in underwriting agreements in underwritten offerings; and (vi) the Company shall deliver such documents and certificates as may be requested by the Registered Holders and the managing underwriters, if any, to
evidence compliance with clause (i) above and with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company. The above shall be done at each closing under such underwriting or similar
agreement or as and to the extent required thereunder. 
 9.1.11 Make available for inspection by a
representative of the Registered Holders, any underwriter participating in any disposition pursuant to such registration, and any attorney or accountant retained by the Registered Holders or such 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 representative, underwriter, attorney or accountant in connection
with such registration; provided, that any records, information or documents that are designated by the Company in writing as confidential shall be kept confidential by such Persons unless disclosures of such records, information or documents
is required by court or administrative order. 
 9.1.12 Otherwise use its best efforts to comply with all
applicable rules and regulations of the Commission and make generally available to its security holders earning statements satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder, no later than 90 days
after the end of any 12-month period (i) commencing at the end of any fiscal quarter in which Registrable Securities are sold to underwriters in a firm or best efforts underwritten offering and (ii) beginning with the first day of the
Company’s first fiscal quarter next succeeding each sale of Registrable Securities after the effective date of a Registration Statement, which statements shall cover said 12-month periods. 

  
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 9.1.13 Use its reasonable best efforts to list all Registrable Securities
covered by the Registration Statement on the securities exchanges or trading markets on which any of the equity securities of the Company of the same class as the Registrable Securities are then listed. 

9.1.14 Engage an appropriate transfer agent and provide such transfer agent with printed certificates for the Registrable
Securities in a form eligible for deposit with The Depository Trust Company, and provide a CUSIP number for the Registrable Securities. 
 9.1.15 At all times during the term of this Agreement, maintain the effectiveness of the registration of the Common Stock under the Exchange Act and use its reasonable best efforts to prepare and file in
a timely manner all documents and reports required by the Exchange Act. 
 9.1.16 If the Company, in the exercise
of its reasonable judgment, objects to any change requested by the Registered Holders or the underwriters, if any, to any Registration Statement or Prospectus or any amendments or supplements thereto (including documents incorporated or to be
incorporated therein by reference) as provided for in this Section 9, the Company shall not be obligated to make any such change and such Registered Holders may withdraw their Registrable Securities from such registration, in which event
(i) the Company shall pay all expenses incurred in connection with such Registration Statement or amendment thereto or Prospectus or supplement thereto, and (ii) in the case of a registration being effected pursuant to Section 2, such
registration shall not count as one of the registrations the Company is obligated to effect pursuant to Section 2. 
 Section 10.
Indemnification.
 10.1 In the event of any registration of any securities under the Securities Act
pursuant to this Agreement, the Company will indemnify and hold harmless the Stockholders, any underwriter and each other Person, if any, who controls a Stockholder or underwriter within the meaning of the Securities Act, and the respective
officers, directors, partners, members and employees of such Stockholders, underwriters and controlling Persons, from and against any and all losses, claims, damages or liabilities, joint or several, to which any such indemnified Person may become
subject, under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or action in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in a
Registration Statement or preliminary prospectus or final or summary prospectus contained therein, or any amendment or supplement thereto, and any other document prepared by the Company and provided to Registered Holders for their use in connection
with the registered offering, 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 made therein (in the case of a Prospectus or
preliminary prospectus, in light of the circumstances under which they were made) not misleading, and will reimburse such indemnified Persons for any 

  
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reasonable legal and other expenses incurred by them in connection with investigating or defending any such action or claim, excluding any amounts paid in settlement of any litigation, commenced
or threatened, if such settlement is effected without the prior written consent of the Company; provided, however, that the Company will not be liable to an indemnified Person in any such case to the extent that any such loss, claim, damage,
liability or expense arises out of or is based upon an untrue statement or omission or alleged untrue statement or omission made in a Registration Statement, preliminary prospectus or final or summary prospectus or any amendment or supplement
thereto or other document, in reliance upon and in conformity with written information furnished to the Company by or on behalf of such indemnified Person, specifically for use in the preparation thereof; and provided further, that the
indemnity agreement contained in this Section 10 with respect to any preliminary prospectus shall not inure to the benefit of any indemnified Person using the same in respect of any loss, claim, damage, liability or action asserted by someone
who purchased shares from such Person if a copy of an amended preliminary prospectus or prospectus supplement was delivered by the Company to the Registered Holders and the underwriters, if any, prior to the pricing of the sale of the securities (if
an underwritten offering) or prior to the effectiveness of the Registration Statement, but was not delivered to the purchaser of the securities from the indemnified Person, and the untrue statement or omission or alleged untrue statement or omission
of a material fact contained in such preliminary prospectus was corrected in the amended preliminary prospectus or prospectus supplement. 
 10.2 In the event of any registration of securities under the Securities Act pursuant to this Agreement, the Registered Holders, severally and not jointly, will indemnify and hold harmless the Company,
each of its directors and officers, any underwriter and each other Person, if any, who controls the Company or such underwriter within the meaning of the Securities Act, against any losses, claims, damages or liabilities to which any such
indemnified Person may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or action in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of
any material fact contained in such Registration Statement or preliminary prospectus or final or summary prospectus contained therein, or any amendment or supplement thereto, 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 made therein (in the case of a Prospectus or preliminary prospectus, in light of the circumstances under which they were made) not misleading, and will
reimburse such indemnified Persons for any reasonable legal and other expenses incurred by them in connection with investigating or defending any such action or claim, excluding any amounts paid in settlement of any litigation, commenced or
threatened, if such settlement is effected without the prior written consent of the indemnifying Registered Holder; but in all cases only if, and to the extent that, any such loss, claim, damage, liability or expense arises out of or is based upon
an untrue statement or alleged untrue statement or omission or alleged omission therein made in reliance upon and in conformity with written information furnished to the Company by or on behalf of the indemnifying Registered Holder specifically for
use in the preparation thereof. Notwithstanding the foregoing, the amount of the indemnity provided by each Registered Holder pursuant to this Section 10 shall not exceed the net proceeds received by such Registered Holder in the related
registration and sale. 

  
 12 

 10.3 Promptly after receipt by a party entitled to indemnification under
subsection 10.1 or 10.2 hereof of notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying party under either of such subsections, notify the indemnifying party in
writing of the commencement thereof. In case any such action is brought against the indemnified party and it shall so notify the indemnifying party of the commencement thereof, the indemnifying party shall be entitled to participate in, and, to the
extent that it so chooses, to assume the defense thereof with counsel reasonably satisfactory to such indemnified party, and, after notice from the indemnifying party that it so chooses, such indemnifying party shall not be liable for any legal or
other expenses subsequently incurred by such indemnified party in connection with the defense thereof, provided, however, that if the indemnifying party fails to take reasonable steps necessary to diligently defend such claim within twenty
(20) days after receiving notice from the indemnified party that the indemnified party believes the indemnifying party has failed to take such steps, the indemnified party may assume its own defense and the indemnifying party shall be liable
for any expenses therefor. The indemnity and contribution agreements in this Section 10 are in addition to any liabilities which the indemnifying parties may have pursuant to law. 

10.4 If the indemnification provided for in this Section 10 from the indemnifying party is unavailable to an
indemnified party hereunder in respect of any losses, claims, damages, liabilities or expenses referred to herein, or is insufficient to hold the indemnified party harmless therefrom, then the indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying
party and indemnified parties in connection with the actions which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative fault of such indemnifying party and
indemnified parties shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, has been made
by, or relates to information supplied by, such indemnifying party or indemnified parties, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such action. The amount paid or payable by an
indemnified party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include, subject to the limitations set forth in this Section 10, any legal or other fees or expenses reasonably
incurred by such party in connection with any investigation or proceeding. 
 The parties hereto agree that it would not be just
and equitable if contribution pursuant to this Section 10 were determined by pro rata allocation or by any other method of allocation which does not take into account the equitable considerations referred to in the immediately preceding
paragraph. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 

  
 13 

 Section 11. Sales under Rule 144. With a view to making available to
the Stockholders the benefits of Rule 144 promulgated under the Securities Act and any other similar rule or regulation of the Commission that may at any time permit the Stockholders to sell the Registrable Securities without registration, the
Company agrees to: 
 (a) make and keep available adequate current public information, as those terms are understood and defined
in Rule 144 (or any successor provision); 
 (b) file with the Commission in a timely manner all reports and other
documents required to be filed by the Company under the Securities Act and the Exchange Act; and 
 (c) furnish to any
Stockholder forthwith upon request (i) a written statement by the Company that it has complied with the foregoing requirements and (ii) such other information as may be reasonably requested by Stockholder in availing itself of any rule or
regulation of the Commission which permits the selling of any such securities without registration. 
 Section 12.
Removal of Legend. The Company agrees, to the extent allowed by law, to remove any legends on certificates representing Registrable Securities describing transfer restrictions applicable to such securities (i) upon the sale of such
securities pursuant to an effective Registration Statement under the Securities Act or in accordance with the provisions of Rule 144 under the Securities Act, or (ii) upon the written request of any holder of Registrable Securities if such
securities may then be sold without restriction under Rule 144. 
 Section 13. Lock-Up Agreements. If requested by a
managing underwriter, each holder of Registrable Securities agrees not to sell, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale with
respect to any Registrable Securities (or other securities) of the Company held by such holder (other than those included in the registration) for a 30-day period (or such longer period requested by the managing underwriter which shall in no event
exceed 90 days). 
 Section 14. Notices. Any notices or other communications required or permitted hereunder
shall be in writing and be deemed to have been given if mailed, three business days after being deposited in the United States mail, postage prepaid and registered or certified at the addresses listed on the signature pages hereof or at such other
address of which the Company or Investor has been advised by notice hereunder. Notice shall be deemed effective upon receipt or refusal. 
 Section 15. Modification. Notwithstanding anything to the contrary in this Agreement or otherwise, no modification, amendment or waiver of any of the provisions of this Agreement shall be
effective unless in writing and signed by the Company and the Stockholders holding not less than a majority of the Registrable Securities (assuming for purposes of such calculation the conversion of all Series A Preferred and exercise of all
Warrants in each case then constituting Registrable Securities) then outstanding. Any such modification, amendment or waiver shall be binding on all holders of Registrable Securities and all Persons who may thereafter acquire any Registrable
Securities. 

  
 14 

 Section 16. Non-Waiver. The failure to enforce at any time any of the
provisions of this Agreement, or to require at any time performance by any other party of any of the provisions hereof, shall in no way be construed to be a waiver of such provisions. 

Section 17. Partial Invalidity. If any clause, sentence, paragraph, section or part of this Agreement shall be deemed
invalid, unenforceable or against public policy, the part that is invalid, unenforceable or contrary to public policy shall not affect, impair, invalidate or nullify the remainder of this Agreement, but the invalidity, unenforceability or
contrariness to public policy shall be confined only to the clause, sentence, paragraph, section or part of this Agreement so invalidated, unenforceable or against public policy. 

Section 18. Termination of Registration Right. Notwithstanding any other provision of this Agreement to the contrary,
the registration rights granted under Section 2 will terminate as to any Stockholder upon the first day the Stockholder is able to sell all of the Registrable Securities then owned by such Person under Rule 144 within any given three-month
period. 
 Section 19. Construction. The language in all parts of this Agreement shall in all cases be
construed simply, according to its fair meaning, and shall not be construed strictly for or against either of the parties hereto. 
 Section 20. Governing Law. This Agreement shall be governed and construed according to the laws of the State of Texas, without regard to its conflicts of law principles. 

Section 21. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall constitute an
original and all of which together shall constitute but one and the same instrument. 
 Section 22. Further
Assurances. The parties hereto will do such further acts and things necessary to ensure that the terms of this Agreement are carried out and observed. 
 Section 23. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and permitted
assigns. 
 Section 24. Specific Performance. The parties agree that, to the extent permitted by law,
(i) the obligations imposed on them in this Agreement are special, unique and of an extraordinary character, and that in the event of a breach by any such party damages would not be an adequate remedy and (ii) the other party shall be
entitled to specific performance and injunctive and equitable relief in addition to any other remedy to which it may be entitled at law or in equity. 
 [Remainder of Page Intentionally Left Blank] 

  
 15 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above. 
  

			
	AMERICAN ELECTRIC TECHNOLOGIES, INC.
		
	By:	 	  

	Name:	 	Charles M. Dauber
	Title:	 	President

 Address for Notice: 
 American Electric Technologies, Inc. 
 6410 Long Drive 

Houston, Texas 77087 
 Attention: Frances Powell
Hawes 
 With a copy (which shall not constitute notice) to: 
 Joel Bernstein 
 2666 Tigertail Avenue, Suite 104 

Miami, Florida 33133 

Signature Page to Registration Rights Agreement 

 
			
	JCH CRENSHAW HOLDINGS, LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 Address for Notice: 
 JCH Crenshaw Holdings, LLC 
 470 Orleans St., 7th Floor 
 Beaumont, Texas 77701 
 Attention: Casey Crenshaw 

With a copy (which shall not constitute notice) to: 
 Thompson & Knight LLP 
 333 Clay Street 

Suite 3300 
 Houston, Texas 77002 

Attention: Jerry L. Metcalf 
 Fax:
(832) 397-8217 
 Signature Page to Registration Rights AgreementEX-10.2

 CONSENT AND EIGHTH AMENDMENT TO LOAN AGREEMENT 

THIS CONSENT AND EIGHTH AMENDMENT TO LOAN AGREEMENT (this “Consent and Amendment”) is made and entered into effective as
of April 30, 2012, by and between AMERICAN ELECTRIC TECHNOLOGIES, INC., a Florida corporation (“Borrower”), and JPMORGAN CHASE BANK, N.A., a national association (“Lender”). Capitalized terms used
herein that are not otherwise defined shall have the meaning assigned to such terms in the Loan Agreement (hereinafter defined). 

R E C I T A L S: 

WHEREAS, Borrower and Lender entered into a Letter Loan Agreement dated October 31, 2007 (which as the same may have been or may
hereafter be amended from time to time is herein called the “Loan Agreement”); and 
 WHEREAS, Borrower has
entered into a Securities Purchase Agreement dated April 13, 2012 (the “SPA”) with JCH Crenshaw Holdings, LLC (“Crenshaw”) pursuant to which the Borrower will issue and sell to Crenshaw certain shares of the Borrower’s
Series A Preferred Stock (the “Preferred Stock”) and certain warrants to purchase shares of the Borrower’s common stock (the “Warrants”); 

WHEREAS, under the SPA and the other documents related thereto, Borrower has agreed to pay certain dividends to Crenshaw as the holder of
the Preferred Stock; 
 WHEREAS, Borrower has requested Lender consent to the transactions contemplated by the SPA and the
payment of dividends to Crenshaw in accordance with Borrower’s Articles of Amendment of Articles of Restatement of Articles of Incorporation dated as of April 13, 2012 (“Borrower’s Articles”); and 

WHEREAS, Lender has agreed to consent to the SPA, the issuance and sale of the Preferred Stock and Warrant and the payment to Crenshaw of
the dividends required under the Borrower’s Articles, subject to the terms and conditions set forth herein. 
 NOW,
THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein and in the Loan Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto do hereby agree as follows: 
 A G R E E M E N T:

 1. Consent and Amendment. (a) Provided that (i) issuance and sale to Crenshaw of the Preferred Stock and
Warrants and (ii) the payment of dividends to Crenshaw for its Preferred Stock is consummated in accordance with the terms of the SPA and the Borrower’s Articles, the Lender hereby consents to the SPA and the Borrower’s Articles and
waives any Default or Event of Default under the Credit Agreement occurring as a result thereof. Further, Section 7(e) of the Loan Agreement which limits dividends and redemptions is hereby amended for the limited purpose of allowing the
dividends payable to Crenshaw and the redemption of the Preferred Stock, each as set forth in Borrower’s Articles. 

  
 SEVENTH
AMENDMENT – Page 1 

 (b) This consent and amendment is limited solely to the extent provided herein and will not
have any applicability to any other obligation of the Borrower. This Consent and Amendment will not be deemed to create any course of dealing or precedent for future consents, amendments or waivers nor shall it be construed to be a consent or
amendment, except as specifically provided in this Section 1, of any term, condition or provision of the Credit Agreement. The Borrower, by its execution hereof, hereby acknowledges that it has conducted its own due diligence in regard
to the SPA and that it has not relied on the Lender in any way in regard thereto. Specifically, the Lender has not provided any information about the SPA or Crenshaw or otherwise undertaken to assist or advise the Borrower in any way in regard
thereto. The Borrower agrees to provide to the Lender copies of the final, executed SPA, the Warrants, the Borrower’s Articles and any other documents related thereof and agrees to indicate to the Lender any substantial changes thereto from the
drafts provided to Lender previously. Should the SPA, the terms of the Warrants, the Borrower’s Articles change in any material respect, the Lender reserves the right to rescind this Consent and Amendment by written notice to the Borrower.

 2. Conditions of Effectiveness. This Consent and Amendment shall become effective when, and only when, Lender shall
have received counterparts of this Consent and Amendment executed by Borrower and Section 1 hereof shall become effective when, and only when, Lender shall have additionally received any and all other documentation as Lender may reasonably
require. 
 3. Representations and Warranties of Borrower. Borrower represents and warrants as follows: 

(a) Borrower is duly authorized and empowered to execute, deliver and perform this Consent and Amendment and all other instruments
referred to or mentioned herein to which it is a party, and all action on its part requisite for the due execution, delivery and the performance of this Amendment has been duly and effectively taken. This Consent and Amendment, when executed and
delivered, will constitute valid and binding obligations of Borrower enforceable in accordance with its terms. This Amendment does not violate any provisions of Borrower’s Articles of Incorporation, By-Laws, or any contract, agreement, law or
regulation to which Borrower is subject, and does not require the consent or approval of any regulatory authority or governmental body of the United States or any state. 
 (b) The representations and warranties made by Borrower in the Loan Agreement are true and correct as of the date of this Amendment. 

(c) No event has occurred and is continuing which constitutes an Event of Default or would constitute an Event of Default but for the
requirement that notice be given or time elapse or both. 
 4. Reference to and Effect on the Loan Documents. 

(a) Upon the effectiveness of Section 1 hereof, on and after the date hereof, each reference in the Loan Agreement to “this
Agreement”, “hereunder”, “hereof”, “herein” or words of like import, and each reference in the Loan Documents shall mean and be a reference to the Loan Agreement as amended hereby. 

  
 SEVENTH
AMENDMENT – Page 2 

 (b) Except as specifically amended above, the Loan Agreement and the Note(s), and all other
instruments securing or guaranteeing Borrower’s obligations to Lender (collectively, the “Loan Documents”) shall remain in full force and effect and are hereby ratified and confirmed. Without limiting the generality of the
foregoing, the Loan Documents and all collateral described therein do and shall continue to secure the payment of all obligations of Borrower under the Loan Agreement and the Note(s), as amended hereby, and under the other Loan Documents.

 (c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a
waiver of any right, power or remedy of Lender under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. 
 5. Costs and Expenses. Borrower agrees to pay on demand all costs and expenses of Lender in connection with the preparation, reproduction, execution and delivery of this Amendment and the other
instruments and documents to be delivered hereunder, including the reasonable fees and out-of-pocket expenses of counsel for Lender. In addition, Borrower shall pay any and all fees payable or determined to be payable in connection with the
execution and delivery, filing or recording of this Consent and Amendment and the other instruments and documents to be delivered hereunder, and agrees to save Lender harmless from and against any and all liabilities with respect to or resulting
from any delay in paying or omission to pay such fees. 
 6. Execution in Counterparts. This Consent and Amendment may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same
instrument. 
 7. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the
State of Texas. 
 8. Facsimile Documents and Signatures. For purposes of negotiating and finalizing this Amendment, if
this document or any document executed in connection with it is transmitted by facsimile machine, it shall be treated for all purposes as an original document. Additionally, the signature of any party on this document transmitted by way of a
facsimile machine shall be considered for all purposes as an original signature. Any such faxed document shall be considered to have the same binding legal effect as an original document. At the request of any party, any faxed document shall be
re-executed by each signatory party in an original form. 
 9. Joinder of Guarantor. M & I Electric Industries, Inc.
and American Access Technologies, Inc., Guarantor as defined in the Loan Agreement, join in the execution of this Consent and Amendment to evidence Guarantor’s consent to the terms hereof, to confirm Guarantor’s continuing obligations
under the terms of the Guaranty Agreement, and to acknowledge that without such consent and confirmation, Lender would not enter into this Amendment or otherwise consent to the terms hereof. Additionally, Guarantor represents to Lender that
Guarantor is duly authorized and empowered to execute, deliver and perform this 

  
 SEVENTH
AMENDMENT – Page 3 

 
Amendment, and all action on its part requisite for the due execution, delivery and the performance of this Amendment has been duly and effectively taken. This Amendment, when executed and
delivered, will constitute valid and binding obligations of Guarantor enforceable in accordance with its terms. 
 10. Final
Agreement. THIS WRITTEN CONSENT AND AMENDMENT OF LOAN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO
UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 
 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly
executed in multiple counterparts, each of which is an original instrument for all purposes, all as of the day and year first above written. 
 [Signature page follows.] 

  
 SEVENTH
AMENDMENT – Page 4 

			
	BORROWER:
	
	AMERICAN ELECTRIC TECHNOLOGIES, INC.
		
	By:	 	 /s/ Charles Dauber

		 	Charles Dauber,
		 	Chief Executive Officer
	
	LENDER:
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Robert Morgan

		 	Robert Morgan,
		 	Vice President

  

			
	GUARANTOR:
	
	M & I ELECTRIC INDUSTRIES, INC.
		
	By:	 	 /s/ Charles Dauber

		 	Charles Dauber,
		 	Chief Executive Officer
	
	AMERICAN ACCESS TECHNOLOGIES, INC.
		
	By:	 	 /s/ Charles Dauber

		 	Charles Dauber,
		 	Chief Executive Officer

  
 SEVENTH
AMENDMENT – Page 5

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