Document:

Exhibit 10.2 Chief Operating Officer

Exhibit
10.2

M/I
Homes

Award
Formulas and Performance Goals

Chief
Operating Officer

Effective
January 1, 2005

In
accordance with the terms of the M/I Homes 2004 Executive Officer Compensation
Plan (the “Plan”), the Compensation Committee (the “Committee”) shall, for each
Participant, establish the award formulas and performance goals (as those terms
are defined in the Plan) annually to be measured to determine the amount of
bonus awards for each Plan Year. The following are the performance goals and
award formulas for the 2005 Plan Year for the Chief Operating Officer. As stated
in the Plan, the maximum amount that any Executive Officer can receive in one
year is 500% of his 2004 base salary.

	
      I.
	 	
      Actual
      Net Income:
      In the event the actual net income of the Company is at least 75% of
      budgeted net income, the Chief Operating Officer will receive 70% of
      December 31 base salary. A maximum of 219% will be earned at 100% of
      budgeted income achievement; 9% higher than 2004’s achievement.
      

	 	 	 
	
      II.
	 	
      Customer
      Service:
      If 92% of the Company’s homeowners respond “yes” to Question #14 on the
      related questionnaire, the Chief Operating Officer will receive 50% of
      December 31 base salary. A maximum bonus of 73% will be earned at 100%
      customer satisfaction achievement. If the actual net income of the Company
      is less than 50% of budget, a bonus will not be earned for this
      criteria.

	 	 	 
	
      III.
      
	 	
      Return
      on Beginning Equity(“ROE”):
      If the ROE of the Company is 10%, the Chief Operating Officer will receive
      50% of December 31 base salary, with the amount increasing to a maximum of
      73% at a 20% ROE achievement.

2005 cash
bonus is capped at 350% of 12/31/05 base salary.

PAYMENT

The
individual must be employed in this capacity with the Company on the date
bonuses are distributed to receive a bonus. No amounts are considered due or
payable if the employment relationship with the Company is terminated.

ACKNOWLEDGED:

_____________________________________________     _________________________________

Name                                     DateExhibit 10.3 Senior Vice President and Chief Financial Officer

Exhibit
10.3

M/I
Homes

Award
Formulas and Performance Goals

Senior
Vice President and Chief Financial Officer

Effective
January 1, 2005

In
accordance with the terms of the M/I Homes 2004 Executive Officer Compensation
Plan (the “Plan”), the Compensation Committee (the “Committee”) shall, for each
Participant, establish the award formulas and performance goals (as those terms
are defined in the Plan) annually to be measured to determine the amount of
bonus awards for each Plan Year. The following are the performance goals and
award formulas for the 2005 Plan Year for the Chief Financial Officer. As stated
in the Plan, the maximum amount that any Executive Officer can receive in one
year is 500% of his 2004 base salary.

	
      I.
	 	
      Actual
      Net Income:
      In the event the actual net income of the Company is at least 75% of
      budgeted net income, the Chief Financial Officer will receive 40% of
      December 31 base salary. A maximum of 126% will be earned at 100% of
      budgeted income achievement; 9% higher than 2004’s
      achievement.

	 	 	 
	
      II.
	 	
      Customer
      Service:
      If 92% of the Company’s homeowners respond “yes” to Question #14 on the
      related questionnaire, the Chief Financial Officer will receive 20% of
      December 31 base salary. A maximum bonus of 42% will be earned at 100%
      customer satisfaction achievement. If the actual net income of the Company
      is less than 50% of budget, a bonus will not be earned for this
      criteria.

	 	 	 
	
      III.
	 	
      Return
      on Beginning Equity (“ROE”):
      If the ROE of the Company is 10%, the Chief Financial Officer will receive
      10% of December 31 base salary, with the amount increasing to a maximum of
      42% at a 20% ROE achievement.

2005 cash
bonus is capped at 200% of 12/31/05 base salary.

PAYMENT

The
individual must be employed in this capacity with the Company on the date
bonuses are distributed to receive a bonus. No amounts are considered due or
payable if the employment relationship with the Company is terminated.

ACKNOWLEDGED:

______________________________________________     _________________________________

Name                                     DateExhibit 10.1

 

 

	 February 15, 2005
      
       

      PRIVATE & CONFIDENTIAL

       

      Mr. Ron Lusk

      Chairman & CEO

      Lighting Science Group
      Corporation                               
      

      2100 McKinney Ave

      Suite 1555                                                 
      

      Dallas, Texas 75201

       

      Dear Mr. Lusk:

       

      This letter agreement (this “Agreement”) will confirm the
      understanding between Lighting Science Group Corporation (“Company” or
      “LSG”) and Giuliani Capital Advisors LLC (“GCA”), an affiliate of Giuliani
      Partners LLC (“GP”), with regard to the engagement of GCA to act as
      financial advisor to the Joint Venture (as defined herein) in its capital
      raising efforts (“Transaction”) and to provide certain other services to
      the Company. 

       

      Our Services

       

      The Company has requested that GCA assist in the
      following:

      	Serve as nonexclusive financial advisor to Lighting
        Science and assist in evaluating various financial and organizational
        structures relating to the different market opportunities, 
        
	Advise the Company on alternative sources of debt and
        equity capital available to fund L.E.D. lighting product roll-out
        through various distribution channels, 
        
	Assist Management in the coordination between advisors
        and debt/equity underwriters to ensure consistency with the overall
        goals of the Company, 
        
	Develop and participate in one or more joint venture(s)
        (or other structures) with the Company to own lightpoles, shared savings
        programs and related lighting infrastructure (collectively, the “Joint
        Venture”); provided that the Company and GCA shall work in good faith to
        create such Joint Venture, and related agreements, within 10 days from
        the signing of this Agreement, 
        
	Assist the Company in arranging meetings with various
        utilities and governmental entities, both domestic and international to
        acquire lightpoles and related infrastructure, such meetings may be held
        in the offices of Giuliani Capital Advisors or Giuliani Partners as
        scheduling and availability permits.
        
	Assist the Company on an exclusive basis in obtaining
        financing for the Joint Venture, 
        
	If requested, assist the Company in obtaining debt or
        equity financing to fund various growth strategies.

      The Company will retain complete and final control of all key
      decisions, including those concerning:

      1.        the capital structure of the Joint Venture;

      2.        the descriptive memorandum and other information forwarded to
      investor(s);

      3.        the investors to be contacted;

      4.     the acceptance of a
      commitment letter from the investor(s); and

      5.        entering into a definitive agreement.

       

      The Company will be the issuer of the descriptive memorandum and
      management will provide us with a letter of representation regarding the
      facts, assumptions and information contained in the descriptive
      memorandum.  GCA may rely upon the accuracy and completeness of all
      such information without independent verification.  Furthermore,
      recognizing the importance of management’s representations to the
      effective performance of this engagement, the Company releases and
      indemnifies GCA and its personnel from any liability or expense that
      arises out of a knowing misrepresentation by management.

       

      The Company acknowledges and agrees that it is solely responsible
      for ensuring that any offer or sale of securities made in connection with
      any financing for the Company is made in compliance with the registration
      requirements of the Securities Act and the requirements of any applicable
      state securities laws or qualifies for an exemption from such registration
      requirements and/or such state laws.

       

      Professional Fees and Expenses

       

      We are prepared to begin this engagement promptly upon your
      acceptance of this Agreement.  In consideration of our services, the
      Company will pay GCA a non-refundable retainer of $150,000 on the earlier
      of the closing of its current financing or March 31, 2005 (the
      “Retainer”).  The Joint Venture will pay GCA a market rate fee for
      all debt and/or equity capital raised for the Joint Venture. The Company
      or the Joint Venture, as the case may be, and GCA will negotiate the
      financial advisor role on other capital raise transactions on a case by
      case basis.  The Company will provide to GCA upon execution of this
      engagement letter 1,650,000 warrants in accordance with the attached
      warrant purchase agreement.  In addition, GCA will be provided with
      20% ownership of the Joint Venture.

       

      Our expenses in connection with this Agreement will be billed
      separately on a monthly basis.  Normal and reasonable expenses will
      include costs directly associated with this engagement including travel,
      accommodations and out-of-town meals, overnight delivery, and database
      access charges.  Monthly expense invoices are payable upon
      receipt.  GCA may receive rebates in connection with certain
      purchases, which are used to reduce overhead charges that GCA would
      otherwise pass on to its clients. 

       

      GCA cannot guarantee that any approach will result in a transaction
      or that any transaction will be consummated.  Each of us may
      terminate this Agreement at any time.  In the event that we terminate
      this Agreement without cause or you terminate this Agreement for cause,
      you agree to pay our expenses outlined herein.  In the event that you
      terminate this Agreement without cause or we terminate this Agreement for
      cause, you agree to pay all fees and expenses outlined herein.  By
      way of example but not in limitation of the above, “cause” can include a
      material breach of a party’s obligations under this Agreement that is not
      cured and non-payment of fees and/or expenses due and owing.

       

      However, should you terminate this Agreement and within twelve (12)
      months of such termination consummate a transaction with an investor(s)
      that, during the period of our engagement, was in contact with the Company
      and/or GCA specifically relating to the Joint Venture or, if requested by
      the Company, the Company, the Joint Venture or Company, as the case may
      be, will pay our professional fee on the closing date as described
      above.  Upon termination of this Agreement, GCA shall provide the
      Joint Venture or the Company, as the case may be, within ten days of such
      termaination a letter listing all such investor(s) including the nature
      and status of such discussions.

       

      To the extent that the Company requests that GCA perform additional
      services not contemplated by this Agreement, fees for such services shall
      be mutually agreed upon by GCA and the Company, in writing, in
      advance.

      GCA may pay referral fees to another NASD member firm or a foreign
      financial entity in connection with this Agreement, as permitted under
      NASD rules. 

       

      Conflicts of Interest

       

      GCA and GP may provide professional services to other companies in
      your industry.  Although it has not come to our attention that
      services are being provided by GCA or GP to any other entity in connection
      with the Joint Venture, you consent to the provision of services, other
      than GCA financial advisory services, should they occur, so long as no
      individual serving the Company in this engagement is part of a team
      serving such other entity and so long as no confidential information
      acquired by GCA in serving the Company is shared, without the Company’s
      consent, with such other engagement team.

       

      Indemnification, Dispute Resolution and Limitation of
      Liability

       

      In
      consideration of our agreement to act on the Company’s behalf in
      connection with this Agreement, GCA shall be indemnified and held harmless
      by the Company against any losses, claims, damages or liabilities
      (“Claims”) to which it may become subject in connection with this
      Agreement.  The Company will also reimburse GCA for its expenses
      (including fees and expenses of legal counsel) as such expenses are
      incurred in connection with investigating or defending such Claims. 
      However, the Company will not be obligated under this indemnity if it is
      finally determined that such Claims arose out of the gross negligence or
      willful misconduct of GCA.  The reimbursement and indemnity
      obligations under this paragraph shall be in addition to any liability you
      may otherwise have, shall extend upon the same terms and conditions to the
      officers, directors, members and employees of GCA, and shall be binding
      upon and inure to the benefit of the parties and their respective
      successors and assigns.

       

      In the event we are requested or authorized by the Company or are
      required by government regulation, subpoena, or other legal process to
      produce our documents or our personnel as witnesses with respect to our
      services for the Company, the Company will, so long as we are not a party
      to the proceeding in which information is sought, reimburse us for our
      professional time and expenses, as well as the fees and expenses of our
      counsel, incurred in responding to such requests.

      Any controversy or claim arising out of or relating to services
      covered by this Agreement or hereafter provided by us for the Company or
      at its request (including any such matter involving any parent,
      subsidiary, affiliate, successor in interest, or agent of the Company or
      of GCA, or involving any person or entity for whose benefit the services
      in question are or were provided), shall be submitted to binding
      arbitration, in accordance with the dispute resolution procedures set
      forth in the Attachment A to this Agreement.  Judgment on any
      arbitration award may be entered in any court having
      jurisdiction.

       

      In
      no event, regardless of the legal theory advanced, shall GCA be liable or
      responsible to any person or entity including, but not limited to, the
      Company other than for its gross negligence or willful misconduct and any
      such liability shall be limited to the amount actually paid by the Company
      under this Agreement.  Neither party shall be liable to the other for
      consequential, incidental, indirect, punitive or special damages
      (including loss of profits, data, business or goodwill), regardless of the
      legal theory advanced or of any notice given as to the likelihood of such
      damages.  The Company’s recourse with respect to any liability or
      obligation of GCA hereunder shall be limited to the assets of GCA, and the
      Company shall have no recourse against, and shall bring no claim against,
      any affiliate, officer or employee of GCA or any of the assets
thereof.

       

      Confidentiality

       

      GCA agrees to keep all confidential information related to or
      received from the Company in connection with this engagement
      confidential.  Confidential information shall not include information
      to the extent that:  (i) it is or becomes publicly available through
      a source other than GCA; (ii) it was known to GCA as of the time of its
      disclosure; (iii) it is independently developed by GCA without reference
      to the confidential information; (iv) it is subsequently learned from a
      third party that, to the knowledge of GCA, is not bound by an obligation
      of confidentiality; (v) it is required to be disclosed pursuant to
      applicable law or regulation, government authority, duly authorized
      subpoena or court order; or (vi) is approved for disclosure by prior
      written consent of the Company.  Our role as advisor and/or any
      advice (written or oral) rendered by GCA pursuant to this engagement may
      not be disclosed without our prior written consent, except as required by
      law or regulation.  Unless otherwise directed, at the conclusion of
      this engagement, we may publicly disclose our role as financial advisor
      and, in connection therewith, may use your trademark solely for that
      purpose.

       

      Other Provisions

       

      GCA
      is a limited liability company organized in the State of Delaware. GCA is
      an affiliate of GP, which is a separate legal entity.  GCA shall be
      solely responsible for the Services provided to you under this
      Agreement.  By engaging GCA, you agree that any claim of any sort
      arising out of or in connection with this Agreement will be brought only
      against GCA and that no claim with respect to this Agreement will be
      brought against GP or its partners or employees, whether or not it is
      engaged as a subcontractor on this Agreement.

       

      GCA maintains a business continuity and disaster recovery plan
      which is reviewed periodically so that GCA’s most critical business
      applications are readily available in the event of a declared disaster. A
      summary of the plan is located on our website,
      www.giulianicapitaladvisors.com.

       

      This
      Agreement shall be governed by, and construed in accordance with, the laws
      of the state of New York applicable to contracts executed in and to be
      performed in that state.

       

      The
      provisions of the above sections entitled “Professional Fees and
      Expenses”, “Conflicts of Interest”, “Indemnification, Dispute Resolution
      and Limitation of Liability”, “Confidentiality”, and “Other Provisions”
      shall survive any termination of this Agreement.

       

      The benefits of this Agreement shall inure to the respective
      successors and assigns of the parties hereto and of the indemnified
      parties hereunder and their successors and assigns and representatives,
      and the obligations and liabilities assumed in this Agreement by the
      parties hereto shall be binding upon their respective successors and
      assigns. Without limiting the foregoing, GP and its partners and employees
      are intended third party beneficiaries of this Agreement and may enforce
      its terms.

       

      If any portion of this Agreement is held to be void, invalid or
      otherwise unenforceable, in whole or in part, the remaining portions of
      this Agreement shall remain in effect.

      The terms and conditions for GCA’s engagement as described herein
      are valid for acceptance by the Company for 5 days from the date hereof,
      and are subject to change thereafter.

       

      * * * * *

       

      This engagement is important to us and we appreciate the
      opportunity to be of service to you.  If you are in agreement with
      the terms set forth herein, please indicate by signing and returning the
      enclosed copy of this letter to us..  If you have any questions about
      this letter or wish to discuss these matters further, please contact
      Robert Warshauer at 212 258-1430.

       

                                               
                                   
                                Very
      truly yours,

       

                                                                                                           
      GIULIANI CAPITAL ADVISORS LLC

       

                                                                                                                     
      By:  /s/ Peter M. Schwab

                                                                                                             
      Name:  Peter M. Schwab

                                                                                                             
      Title:  Chief Operating Officer

       

      Agreed to and Accepted by:

       

      Lighting Science Group Corporation

       

                                        By:  /s/ Ron
      Lusk
                                  Name:  Ron Lusk

                           Title: 
      Chairman & CEO

       

       

       

      Date:  February 15, 2005

      ATTACHMENT A

       

      Dispute Resolution Procedures

      The following procedures shall be used to resolve any controversy
      or claim (“dispute”) as provided in our agreement dated February 15,
      2005.  If any of these provisions are determined to be invalid or
      unenforceable, the remaining provisions shall remain in effect and binding
      on the parties to the fullest extent permitted by law.

       

      Arbitration

      Any dispute shall be settled by arbitration.  The
      arbitration will be conducted in accordance with the procedures in this
      document and the Commercial Arbitration Rules of the American Arbitration
      Association then in effect (“Rules”) or such other rules and procedures as
      the parties may designate by mutual agreement.  In the event of a
      conflict, the provisions of this document will control.  

       

      The arbitration will be conducted before a panel of three
      arbitrators, selected in accordance with the Rules.  The arbitration
      shall take place in the City of Fort Lauderdale, Florida, or in such other
      location as may be expressly agreed by the parties.  Any issue
      concerning the extent to which any dispute is subject to arbitration, or
      concerning the applicability, interpretation, or enforceability of these
      procedures, including any contention that all or part of these procedures
      are invalid or unenforceable, shall be governed by the Federal Arbitration
      Act and resolved by the arbitrators.  No potential arbitrator shall
      be appointed unless he or she has agreed in writing to abide and be bound
      by these procedures.

       

      The arbitration panel shall have no power to award non-monetary or
      equitable relief of any sort.  It shall also have no power to award
      (a) damages inconsistent with any applicable agreement between the parties
      or (b) punitive damages or any other damages not measured by the
      prevailing party’s actual damages; and the parties expressly waive their
      right to obtain such damages in arbitration or in any other forum. 
      In no event, even if any other portion of these provisions is held to be
      invalid or unenforceable, shall the arbitration panel have power to make
      an award or impose a remedy that could not be made or imposed by a court
      deciding the matter in the same jurisdiction.

       

      Discovery shall be permitted in connection with the arbitration
      only to the extent, if any, expressly authorized by the arbitration panel
      upon a showing of substantial need by the party seeking
      discovery.

       

      All aspects of the arbitration shall be treated as
      confidential.  The parties and the arbitration panel may disclose the
      existence, content or results of the arbitration only as provided in the
      Rules.  Before making any such disclosure, a party shall give written
      notice to all other parties and shall afford such parties a reasonable
      opportunity to protect their interests.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}]]