Document:

EX. 10.1.6 Q4'11

Exhibit 10.1.6

FIFTH AMENDMENT TO LEASE
THIS FIFTH AMENDMENT TO LEASE (“Amendment”) is dated for reference as of August 31, 2011, is made by and between RREEF AMERICA REIT III‐Z1 LLC, a Delaware limited liability company (“Landlord”), successor in interest to BCIA New England Holdings LLC (“BCIA”), a Delaware limited liability company, and AMERESCO, INC., a Delaware corporation (“Tenant”).
RECITALS:
A.BCIA and Tenant entered into that certain Lease dated November 20, 2000 (“Original Lease”; as amended, the “Lease”), for approximately 11,684 rentable square feet (“Original Premises’) on the fourth (4th) floor of the building known as Point West Place, 111 Speen Street, Framingham, Massachusetts (the “Building”).
B.BCIA and Tenant entered into the First Amendment To Lease dated November 30, 2001 (“First Amendment”) and expanded the Original Premises by including an additional 864 rentable square feet on the 4th floor of the Building totaling 12,548 rentable square feet.  
C.BCIA and Tenant entered into the Second Amendment To Lease and Expansion Agreement dated April 8, 2005 (“Second Amendment”) and expanded the already expanded Original Premises by including an additional 2,447 rentable square feet on the 4th floor of the Building totaling 14,995 rentable square feet.  In addition, BCIA licensed to Tenant pursuant to a certain Storage Space License, attached to the Second Amendment, the use of approximately 400 rentable square feet of storage area in the basement of the Building as therein referred to as the Storage Space. 
D.Landlord succeeded to all of the right, title and interest of BCIA under the Lease. 
E.Landlord and Tenant entered into the Third Amendment To Lease and Expansion Agreement dated April 17, 2007 (“Third Amendment”) and expanded the already expanded Original Premises by including an additional 5,362 rentable square feet on the 4th floor of the Building, so that the total rentable square footage of the Premises on the 4th floor of the Building is 20,357 rentable square feet (herein referred to as the “Current Premises”).  
F.Landlord and Tenant entered into the Fourth Amendment To Lease dated January 1, 2010 (“Fourth Amendment”), extending the Term of the Lease and otherwise revising certain terms and conditions.  
G.    Under Paragraph 12 of the Fourth Amendment, Tenant was granted a right of first refusal to lease certain space consisting of (i) approximately 1,172 rentable square feet on the 4th floor of the Building as shown on Exhibit A to this Amendment and referred to in this Amendment as “Suite 401,” and (ii) approximately 1,474 rentable square feet on the 4th floor of the Building as shown on Exhibit A to this Amendment and referred to in this Amendment as “Suite 423”; Suite 401 and Suite 423 together, totaling 2,646 rentable square feet, are sometimes

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referred to in this Amendment collectively as the “Expansion Space,” and each individually as a “Suite.” 
H.    Tenant and Landlord now desire to further amend the Lease, to expand the leased Premises to include the Expansion Space, and to provide for certain other Lease modifications, on the terms and conditions as hereinafter set forth.
I.    All terms, covenants and conditions contained in this Amendment shall have the same meaning as in the Lease, and in the event of a conflict, this Amendment shall govern should a conflict exist with previous terms and conditions.
AGREEMENT:
NOW, THEREFORE, in consideration of the foregoing recitals and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:
1.Recitals.  The recitals set forth above are hereby incorporated herein as if fully set forth.
2.    Capitalized Terms.  All capitalized terms used herein shall have the same meanings ascribed to them in the Lease, unless otherwise defined in this Amendment.
3.    Expansion Space.  Tenant wishes to lease from Landlord, and Landlord wishes to lease to Tenant, in addition to the Current Premises, for a term co-terminus with the Term of the Lease for the Current Premises, the Expansion Space.  Effective (i) as to Suite 423, July 1, 2012 (the “Suite 423 Commencement Date”), and, (ii) as to Suite 401, August 1, 2012 (the “Suite 401 Commencement Date”; either of these two dates is referred to as  an “Expansion Space Commencement Date”), the Premises subject to the Lease shall be expanded to include Suite 423 and Suite 401.  As of the Suite 401 Commencement Date, the leased Premises shall consist of the Current Premises plus the Expansion Space, and all references in the Lease to the “Premises,” unless otherwise provided for in this Amendment, shall refer to such expanded space, which shall consist of approximately 23,003 rentable square feet.  Tenant shall be afforded access to each Suite not later than sixty (60) days prior to the corresponding Expansion Space Commencement Date, in order to construct tenant improvements and otherwise prepare such Expansion Space for occupancy.

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4.    Base Rent.  Basic Rent payable for the Current Premises shall remain payable as per the Fourth Amendment.  Effective as of the applicable Expansion Space Commencement Date, Basic Rent for each Suite shall be payable as follows:
(a)    Suite 423:
	
						
	Period
	Rentable Square
	Annual Rent
	Annual Rent
	Monthly Installment

	from
	to
	Footage
	Per Square Foot
	 
	of Rent

	7/1/2012
	12/31/2012
	1,474
	$20.50
	$30,217.00
	$2,518.08

	1/1/2013
	12/31/2013
	1,474
	$21.00
	$30,954.00
	$2,579.50

	1/1/2014
	12/31/2014
	1,474
	$21.50
	$31,691.00
	$2,640.92

	1/1/2015
	12/31/2015
	1,474
	$22.00
	$32,428.00
	$2,702.33

	1/1/2016
	6/30/2016
	1,474
	$22.50
	$33,165.00
	$2,763.75

(b)    Suite 401:
	
						
	Period
	Rentable Square
	Annual Rent
	Annual Rent
	Monthly Installment

	from
	to
	Footage
	Per Square Foot
	 
	of Rent

	8/1/2012
	12/31/2012
	1,172
	$20.50
	$24,026.00
	$2,002.17

	1/1/2013
	12/31/2013
	1,172
	$21.00
	$24,612.00
	$2,051.00

	1/1/2014
	12/31/2014
	1,172
	$21.50
	$25,198.00
	$2,099.83

	1/1/2015
	12/31/2015
	1,172
	$22.00
	$25,784.00
	$2,148.67

	1/1/2016
	6/30/2016
	1,172
	$22.50
	$26,370.00
	$2,197.50

5.    Tenant’s Proportionate Share for the Expansion Space.  Effective as of the applicable Expansion Space Commencement Date, Tenant’s Proportionate Share for Suite 423 shall be 1.37% and for Suite 401 shall be 1.14%.
6.    Base Year for Operating Expenses.  The Base Year for Operating Expenses for each Suite shall be calendar year 2012. 
7.    Base Year for Taxes.  The Base Year for Taxes for each Suite shall be the twelve (12) month period beginning July 1, 2011 (Fiscal Year 2012). 
8.    Intentionally deleted. 
9.    Condition of Premises and Expansion Space.  Landlord shall provide improvement allowances for the improvement of the Expansion Space as provided in Exhibit B which is attached hereto and made a part of this Amendment.  Otherwise, Tenant acknowledges that (i) Landlord shall have no obligation to perform any additional construction or make any additional improvements or alterations, or to afford any allowance to Tenant for improvements or alterations, in connection with this Amendment, (ii) all Landlord obligations of construction and/or reimbursement for cost of same have been satisfied, and (iii) Tenant accepts the Current Premises and Expansion Space in their “as is” condition.

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10.    Tenant Electricity.  Not later than the Suite 401 Expansion Date, Landlord shall install a check-meter or submeter, which will measure Tenant’s actual consumption of electricity in the Expansion Space.  Section 7.4(b) of the Lease, as modified by Paragraph 10 of the Fourth Amendment, shall apply.  
11.    Renewal Option.  The renewal option provided for in Paragraph 11 of the Fourth Amendment continues in full force and effect, applicable only to the entire Premises (i.e., as expanded pursuant to this Amendment). 
12.    Right of First Refusal to Lease.  Paragraph 12 of the Fourth Amendment is deleted in its entirety.  
13.    Commissions.  Each of the parties represents and warrants that it has not dealt with any broker or finder in connection with this Amendment, except for Richards Barry Joyce & Partners, LLC, whose commission shall be paid by the Landlord pursuant to a separate agreement.  Each party agrees to indemnify and hold the other harmless from any and all claims for commissions or fees in connection with the Premises and this Amendment from any other real estate broker or agent.  
14.    Signage.  Paragraph 18 of the Fourth Amendment remains in full force and effect.  For clarity, the parties acknowledge that Tenant may install only one (1) sign on the exterior of the Building per said Paragraph 18.  
15.    Incorporation.  Except as modified herein, all other terms and conditions of the Lease and the Storage Space License shall continue in full force and effect and Tenant hereby ratifies and confirms its obligations thereunder.  Tenant acknowledges that as of the date of the Amendment, Tenant (i) is not in default under the terms of the Lease; (ii) has no defense, set off or counterclaim to the enforcement by Landlord of the terms of the Lease; and (iii) is not aware of any action or inaction by Landlord that would constitute a default by Landlord under the Lease.
16.    Tenant’s Authority (OFAC).  Tenant represents and warrants that Tenant has been and is qualified to do business in the state in which the Building is located, that Tenant has full right and authority to enter into this Lease, and that all persons signing on behalf of the entity were authorized to do so by appropriate actions.  Tenant agrees to deliver to Landlord, simultaneously with the delivery of this Lease, a corporate resolution, proof of due authorization by partners, or other appropriate documentation reasonably acceptable to Landlord evidencing the due authorization of Tenant to enter into this Lease.  To Tenant’s knowledge, neither Tenant, nor any persons or entities holding any legal or beneficial interest whatsoever in Tenant, are (i) the target of any sanctions program that is established by Executive Order of the President or published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”); (ii) designated by the President or OFAC pursuant to the Trading with the Enemy Act, 50 U.S.C. App. § 5, the International Emergency Economic Powers Act, 50 U.S.C. §§ 1701-06, the Patriot Act, Public Law 107-56, Executive Order 13224 (September 23, 2001) or any Executive Order of the President issued pursuant to such statutes; or (iii) named on the following list that is published by OFAC:  “List of Specially Designated Nationals and Blocked Persons.”  If the

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foregoing representation is untrue at any time during the Term, an Event of Default will be deemed to have occurred, without the necessity of notice to Tenant.
17.    Limitation of Landlord Liability.  Redress for any claim against Landlord under this Amendment and the Lease shall be limited to and enforceable only against and to the extent of Landlord’s interest in the Property.  The obligations of Landlord under this Amendment and the Lease are not intended to be and shall not be personally binding on, nor shall any resort be had to the private properties of, any of its or its investment manager’s trustees, directors, officers, partners, beneficiaries, members, stockholders, employees, or agents, and in no case shall Landlord be liable to Tenant hereunder for any lost profits, damage to business, or any form of special, indirect or consequential damages.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first written above.
	
		
	LANDLORD:
	TENANT:

	RREEF AMERICA REIT III-Z1 LLC, a Delaware limited liability company
	AMERESCO, INC., a  Delaware corporation

	By:  /s/ R.D. Seaman    
	By:  /s/ K.A. Devlin    

	Name:  Robert D. Seaman
	Name:  K.A. Devlin    

	Title:  Vice President
	Title:  VP HR + Adm    

	Dated:     12/1      , 2011
	Dated:     11/25     , 2011

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EXHIBIT A
attached to and made a part of the 
FIFTH AMENDMENT TO LEASE 
between RREEF AMERICA REIT III-Z1 LLC 
and AMERESCO, INC. 
dated as of August 31, 2011
111 Speen Street, Framingham, MA
EXPANSION SPACE
     	
		
	KAD
	RDS

	Initials

A-1

EXHIBIT B
attached to and made a part of the 
FIFTH AMENDMENT TO LEASE 
between RREEF AMERICA REIT III-Z1 LLC 
and AMERESCO, INC. 
dated as of August 31, 2011
111 Speen Street, Framingham, MA
WORK
Landlord shall not be obligated to construct any improvements in the Expansion Space.  Tenant shall be permitted to construct improvements in the Expansion Space, and shall be entitled to certain tenant improvement allowances, pursuant to the terms and conditions of Exhibit A to the Fourth Amendment, modified for application in this Fifth Amendment as follows:
1.    Paragraph 1 and Schedule I are inapplicable.
2.    The TI Allowance for the entire Expansion Space shall be $26,460 ($10 psf). 
3.    No portion of the TI Allowance for the Expansion Space may be applied as a credit against rent.  The last two sentences of Paragraph 3.4 do not apply to the Expansion Space; however, the conditions to disbursement of the TI Allowance for the Expansion Space must be satisfied not later than August 31, 2012.  Landlord shall have no obligation to disburse any portion of this allowance as to which the conditions to disbursement thereof are not satisfied by August 31, 2012.
With respect to the Fourth Amendment and the TI Allowance, the dates “August 31, 2011” and “June 30, 2012” which appear in the last two sentences of Paragraph 3.4 of Exhibit B are all hereby changed to “August 31, 2012.”  In other words, the deadline for use of the TI Allowance under the Fourth Amendment is extended to August 31, 2012.

	
		
	KAD
	RDS

	Initials

B-1EX. 10.2.2 Q4'11

Exhibit 10.2.2

AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CREDIT
AND SECURITY AGREEMENT 
This AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT is dated as of November 4, 2011 (this “Amendment”), among AMERESCO, INC. (the “Borrower”), THE GUARANTORS PARTY HERETO (the "Guarantors" and collectively with the Borrower, the "Credit Parties"), THE LENDERS PARTY HERETO (the “Lenders”), and BANK OF AMERICA, N.A., as administrative agent (the “Agent”).
WHEREAS, the Credit Parties, the Lenders, and the Agent are parties to that certain Second Amended and Restated Credit and Security Agreement dated as of June 30, 2011, among the Borrower, the Guarantors, the Lenders, and the Agent (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);
WHEREAS, the Credit Parties, the Agent and the Lenders wish to amend certain provisions of the Credit Agreement to clarify and correct certain provisions, as described herein; 
NOW, THEREFORE, in consideration of the foregoing and the agreements contained herein, the parties agree that the Credit Agreement is hereby amended as follows:
1.Capitalized Terms.  Capitalized terms used herein which are defined in the Credit Agreement have the same meanings herein as therein, except to the extent that such meanings are amended hereby.
2.    Amendments to Credit Agreement. 
(a)    Amendment to Section 1.1.  Section 1.1 of the Credit Agreement is hereby amended by inserting the following definition of "Energy Savings Performance Contract" in alphabetical order:
“Energy Savings Performance Contract” means a contract providing for the construction or installation of energy savings facilities or equipment to be paid for over time in whole or in part based upon energy savings expected to be achieved from such facilities or equipment.
(b)    Amendment to Section 8.4(c).  Section 8.4(c) of the Credit Agreement is hereby deleted in its entirety and replaced with the following: 
(c)    Notwithstanding the foregoing provisions of this Section 8.4:
		
	(i)
	any Credit Party may be merged or combined with or into any other Credit Party (provided that if such merger involves the Borrower, (x) the Borrower shall be the surviving entity and (y) no Change of Control shall occur);

		
	(ii)
	any Credit Party may sell, transfer or otherwise dispose of obsolete or worn out property, whether now owned or hereafter acquired, in the ordinary course of business;

		
	(iii)
	any Credit Party may sell, transfer or otherwise dispose of inventory in the ordinary course of business;

		
	(iv)
	any Credit Party may sell, transfer or otherwise dispose of equipment to the extent that (i) such equipment is exchanged for credit against the purchase price of similar replacement equipment or (ii) the proceeds of such disposition are reasonably promptly applied to the purchase price of such replacement equipment;

		
	(v)
	any Credit Party may sell, transfer or otherwise dispose of a receivable and the related equipment of an Energy Conservation Project in the ordinary course of business for fair value; and

		
	(vi)
	any Credit Party may sell, lease, transfer or otherwise dispose of any or all of its property (upon voluntary liquidation or otherwise) to any other Credit Party. 

3.    Confirmation of Guaranty by Guarantors.  Each Guarantor hereby confirms and agrees that all indebtedness, obligations or liability of the Borrower under the Credit Agreement as amended hereby, whether any such indebtedness, obligations and liabilities are now existing or hereafter arising, due or to become due, actual or contingent, or direct or indirect, constitute “Obligations” under and as defined in the Credit Agreement and, subject to the limitation set forth in Section 3.8 of the Credit Agreement, are guarantied by and entitled to the benefits of the Guaranty set forth in Article 3 of the Credit Agreement.  Each Guarantor hereby ratifies and confirms the terms and provisions of such Guarantor’s Guaranty and agrees that all of such terms and provisions remain in full force and effect.
4.    Confirmation of Security Interests.  Each Credit Party hereby confirms and agrees that all indebtedness, obligations and liabilities of the Credit Parties under the Credit Agreement as amended hereby, whether any such indebtedness, obligations and liabilities are now existing or hereafter arising, due or to become due, actual or contingent, or direct or indirect, constitute “Obligations” under and as defined in the Credit Agreement and are secured by the Collateral and entitled to the benefits of the grant of security interests pursuant to Article 4 of the Credit Agreement.  The Credit Parties hereby ratify and confirm the terms and provisions of Article 4 of the Credit Agreement and agree that, after giving effect to this Amendment, all of such terms and provisions remain in full force and effect.
5.    No Default; Representations and Warranties, etc.  The Credit Parties hereby confirm that, after giving effect to this Amendment, the representations and warranties of the Credit Parties contained in Article 5 of the Credit Agreement and the other Loan Documents are true and correct on and as of the date hereof as if made on such date (except to the extent that such representations and warranties expressly relate to an earlier date) and no Default or Event of Default shall have occurred and be continuing.  Each Credit Party hereby further represents and warrants that the execution, delivery and performance by such Credit Party of this Amendment (i) have been duly authorized by all necessary action on the part of such Credit Party, (ii) will not violate any applicable law or regulation or the organizational documents of such Credit Party, (iii) will not violate or result in a default under any indenture, agreement or other instrument binding on such Credit Party or any of its assets, and (iv) do not require any consent, waiver or approval of or by any Person (other than the Agent and the Lenders) which has not been obtained.

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6.    Conditions to Effectiveness.  This Amendment shall become effective upon receipt by the Agent of (i) counterparts of this Amendment duly executed by each of the parties hereto or (ii) written evidence reasonably satisfactory to the Agent (which may include telecopy transmission of a signed signature page of this Amendment) that each of the parties hereto has signed a counterpart of this Amendment. 
7.    Miscellaneous.
(a)    Except to the extent specifically amended hereby, the Credit Agreement, the Loan Documents and all related documents shall remain in full force and effect.  Whenever the terms or sections amended hereby shall be referred to in the Credit Agreement, Loan Documents or such other documents (whether directly or by incorporation into other defined terms), such defined terms shall be deemed to refer to those terms or sections as amended by this Amendment.
(b)    This Amendment may be executed in any number of counterparts, each of which, when executed and delivered, shall be an original, but all counterparts shall together constitute one instrument.
(c)    This Amendment shall be governed by the laws of the Commonwealth of Massachusetts and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.
(d)    The Credit Parties agree to pay all reasonable expenses, including legal fees and disbursements incurred by the Agent in connection with this Amendment and the transactions contemplated hereby.

[Signature Pages Follow]

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment which shall be deemed to be a sealed instrument as of the date first above written.
Acknowledged and agreed to by:

BORROWER

AMERESCO, INC.

By:  /s/  Andrew B. Spence    
Name: Andrew B. Spence
Title: Vice President & Chief Financial Officer

GUARANTORS
AMERESCO ENERTECH, INC.
By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
E.THREE CUSTOM ENERGY SOLUTIONS, LLC,
By: Sierra Energy Company, its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCOSOLUTIONS, INC.
By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer

[Signature Page to Amendment No. 1 to Second Amended Ameresco Credit and Security Agreement]

AMERESCO PLANERGY HOUSING, INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
SOLUTIONS HOLDINGS, LLC
By: Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer
AMERESCO FEDERAL SOLUTIONS, INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
SIERRA ENERGY COMPANY

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCO SELECT, INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCO HAWAII LLC 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer

[Signature Page to Amendment No. 1 to Second Amended Ameresco Credit and Security Agreement]

AMERESCO SOLAR – SOLUTIONS, INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCO SOLAR-PRODUCTS LLC
By: Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer
AMERESCO SOLAR, LLC 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President  & Chief Financial Officer
AMERESCO SOLAR – TECHNOLOGIES LLC 
By:  Ameresco Solar LLC, its sole member 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer
AMERESCO WOODLAND MEADOWS ROMULUS LLC 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer

[Signature Page to Amendment No. 1 to Second Amended Ameresco Credit and Security Agreement]

AMERESCO QUANTUM, INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCO EVANSVILLE, LLC 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President & Chief Financial Officer
AMERESCO SOLAR NEWBURYPORT LLC 
By:  Ameresco, Inc., its sole member

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Vice President  & Chief Financial Officer
APPLIED ENERGY GROUP INC.

By:  /s/  Andrew B. Spence    
Name:  Andrew B. Spence
Title:  Treasurer
AMERESCO SOUTHWEST, INC.

By:  /s/  Andrew B. Spence    
Name: Andrew B. Spence
Title: Vice President and Treasurer

[Signature Page to Amendment No. 1 to Second Amended Ameresco Credit and Security Agreement]

AGENT:

BANK OF AMERICA, N.A.

By:  /s/  Roberto Salazar    
Name:  Roberto Salazar
Title:   Vice President

LENDERS:

BANK OF AMERICA, N.A.

By:  /s/  John F. Lynch    
Name:  John F. Lynch
Title:  Senior Vice President

WEBSTER BANK, N.A.

By:  /s/  Ann M. Meade    
Name:  Ann M. Meade
Title:  Senior Vice President

[Signature Page to Amendment No. 1 to Second Amended Ameresco Credit and Security Agreement]

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