Document:

SECOND AMENDED AND
RESTATED

    AGREEMENT TO SERVE AS MEMBER
OF THE BOARD OF DIRECTORS

    

    This
Second Amended and Restated Agreement to Serve as Member of the Board of
Directors (“Agreement”) is entered into by and between PREMIER POWER RENEWABLE
ENERGY, INC. (hereinafter referred to as PPRE) and Kevin Murray (hereinafter
referred to as MURRAY) and replaces in its entirety the Amended and Restated
Agreement to Serve as Member of the Board of Directors dated December 19, 2008
(the “First Amendment”) and previously executed by the parties to this
Agreement.  This Agreement is dated as of March 25, 2010.

    

    WHEREAS,
PPRE is a corporation duly organized and existing under the laws of the State of
Delaware;

    

    WHEREAS,
MURRAY was elected to serve on PPRE’s Board of Directors (hereinafter referred
to as BOARD) on December 8, 2008; and

    

    WHEREAS,
the parties now desire to enter into this Agreement to memorialize the parties’
understandings and agreements regarding amendments to the First Amendment in
connection with MURRAY’s service on the BOARD.

    

    NOW IN
CONSIDERATION FOR THE MUTUAL PROMISES, COVENANTS, AND CONDITIONS CONTAINED
HEREIN, IT IS AGREED AS FOLLOWS:

    

    1. Should
MURRAY be elected by the required vote of PPRE shareholders or by the BOARD to
serve on the BOARD, MURRAY hereby agrees to accept his membership on the BOARD
and to dutifully serve.  MURRAY agrees to continue to accept his
election of said member of the BOARD and to so serve for a period of no less
through October 15, 2011, subject to re-election by the required vote of PPRE
shareholders at the annual meeting of shareholders.

    

    2. MURRAY
shall be required to attend at least Two (2) “In Person” BOARD Meetings, and two
(2) additional Telephonic BOARD Meetings per year.

    

    3. PPRE
shall pay to MURRAY as and for his compensation to serve as a member of its
BOARD the following:

    

    a. Two
Thousand Five Hundred Dollars ($2,500.00) per BOARD Meeting attended In Person
or Telephonically, plus travel expenses to and back from a BOARD Meeting
attended In Person.  Such Travel shall include a Coach Air Line
Ticket, and “On Ground” transportation, to and from the respective Airports and
BOARD Meeting Rooms.  A BOARD Meeting attended Telephonically for
which compensation under this Paragraph 3(a) is due shall be a meeting
considered, at PPRE’s sole discretion, to be of substantive significance and not
incidental to MURRAY’s role on the BOARD.

    

    b. The right
to receive Fifty Thousand (50,000) of Common Class “A” Voting
Stock.  Said  Stock shall vest to MURRAY as
follows:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
 

    
      	
              i) 
        

            	
              Upon
      the completion of the first year of service on the BOARD, 33% of the total
      shares due  to MURRAY shall
vest,

            

    

    
      	
              ii) 
        

            	
              Upon
      the completion second full year of service on the BOARD 33% of the total
      shares due  to MURRAY shall
vest,

            

    

    
      	
              iii) 
        

            	
              The
      remaining shares shall vest to MURRAY upon the completion of third full
      year of service.

            

    

    
      	
              iv) 
        

            	
               MURRAY
      may elect to take his cash compensation in the form of solar integration
      into his home or property provided at a standard employee discount,
      provided Premier is active in the area of his
  property.

            

    

    

    c. One
Thousand Dollars ($1,000) per month of service on the BOARD, commencing with the
date of this Agreement.

    

    For
purposes of this Provision, MURRAY shall be required to use reasonable best
efforts to serve at each of the BOARD Meetings described in Paragraph 2 above,
in order for said shares to vest.

    

    However
notwithstanding the foregoing, should the shareholders, for any reason, other
than for cause, fail or refuse to nominate and elect MURRAY, after his first
full year of service as a member of the BOARD, then so long as MURRAY remains
ready, willing and able to so serve, he shall be deemed to have so satisfied the
provisions of attendance and dutiful service so as to obtain the herein
described shares.

    

    The
shareholders failure of refusal to nominate and elect MURRAY shall be considered
“for cause” if any of the following events are discovered and or
occur:

    

    x. MURRAY
either fails to attend, or fails to act in a responsible and professional manner
at each such subject BOARD Meeting, and/or

    y. MURRAY
commits a felony or some other act against public and/or moral decency which
would cast a negative publicity light or stigma on the PPRE, and/or

    z. MURRAY
breaches the fiduciary obligation that he owes to PPRE by virtue of the fact
that his is an elected member of the BOARD by disclosing any Corporate
proprietary information to any third party, and/or conducts any deal and/or
transaction that in any way conflicts and or competes with the business of
PPRE.

    

    4.           In
addition to the compensation provided above, PPRE shall maintain, at its own
costs and expense, Directors Errors and Omission Insurance in an amount no less
than Five Million Dollars ($5,000,000), specifically including MURRAY and the
other BOARD Members as insured.   Should the subject insurance
coverage not be sufficient to cover any losses occasioned by actions of the
BOARD, then PPRE agrees to indemnify and hold MURRAY harmless from and against
any loss, damages, costs, expenses, liabilities, and or causes of action, which
may arise as a result of his dutiful and responsible performance of his duties
as a member of the BOARD.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    5.           MISCELLANEOUS
PROVISIONS:

    

    a.  The
parties hereto agree to execute any and all documents necessary to effectuate
the intent of this Agreement.  Furthermore, the parties hereto agree
to comply with all statutory requirements with respects to the transfer of the
instant shares.

     

    b. This
Agreement shall be the full and final Agreement between the parties and shall
constitute the full and final Agreement between the parties with respect to the
subject matter of this Agreement.  This Agreement shall supersede any
prior or contemporaneous Agreement, oral or written, between the
parties.

     

    c. If any
provision of this Agreement shall be found to be invalid or unenforceable in any
respect, the remainder of the Agreement shall remain in full force and
effect.  The Agreement shall be interpreted to provide a full and
reasonable commercial interpretation.

     

    d. Any and
all modifications to this Agreement must be undertaken in writing and signed by
all parties.

     

    e. This
Agreement shall be interpreted according to the laws of the State of
California.  If any suit or litigation is instituted it shall be
brought in Sacramento, California.  The prevailing party in any such
litigation shall be entitled to their reasonable attorney’s fees and
costs.

    

    f. All
parties warrant that they possess the full authority and capacity to enter into
this Agreement and bind their respective associates.

     

    g. This
Agreement may not be assigned by MURRAY and services contracted for herein are
specific to MURRAY and may not delegated and or assigned to any other person
other than MURRAY

    

    

    
      	
              PREMIER
      POWER RENEWABLE

            	
              KEVIN
      MURRAY

            
	
              ENERGY,
      INC.

            	 
      
	 
      	 
      
	
              /s/
      Dean
      Marks                    
      

            	
              /s/
      Kevin
      Murray                   
      

            
	
              By:
      Dean Marks

            	 
      
	
              Its:
      Chief Executive Officer

            	 
      

    

    

    
      
         

      

      
        3SECOND AMENDED AND
RESTATED

    AGREEMENT TO SERVE AS MEMBER
OF THE BOARD OF DIRECTORS

    

    This
Second Amended and Restated Agreement to Serve as Member of the Board of
Directors (the “Agreement”) is entered into by and between PREMIER POWER
RENEWABLE ENERGY, INC. (hereinafter referred to as PPRE) and Robert (“Bob”)
Medearis (hereinafter referred to as MEDEARIS) and replaces in its entirety the
Amended and Restated Agreement to Serve as Member of the Board of Directors
dated December 19, 2008 (the “First Amendment”) and previously executed by the
parties to this Agreement.  This Agreement is dated as of March 25,
2010.

    

    WHEREAS,
PPRE is a corporation duly organized and existing under the laws of the State of
Delaware;

    

    WHEREAS,
MEDEARIS was elected to serve on PPRE’s Board of Directors (hereinafter referred
to as BOARD) on December 8, 2008; and

    

    WHEREAS,
the parties now desire to enter into this Agreement to memorialize the parties’
understandings and agreements regarding amendments to the First Amendment in
connection with MEDEARIS’ service on the BOARD.

    

    NOW IN
CONSIDERATION FOR THE MUTUAL PROMISES, COVENANTS, AND CONDITIONS CONTAINED
HEREIN, IT IS AGREED AS FOLLOWS:

    

    1. Should
MEDEARIS be elected by the required vote of PPRE shareholders or by the BOARD to
serve on the BOARD, MEDEARIS hereby agrees to accept his membership on the BOARD
and to dutifully serve.  MEDEARIS agrees to continue to accept his
election of said member of the BOARD and to so serve for a period of no less
through October 15, 2011, subject to re-election by the required vote of PPRE
shareholders at PPRE’s annual meeting of shareholders.

    

    2. MEDEARIS
shall be required to attend at least Two (2) “In Person” BOARD Meetings, and two
(2) additional Telephonic BOARD Meetings per year.

    

    3. PPRE
shall pay to MEDEARIS as and for his compensation to serve as a member of its
BOARD the following:

    

    a. Two
Thousand Five Hundred Dollars ($2,500.00) per BOARD Meeting attended In Person
or Telephonically, plus travel expenses to and back from a BOARD Meeting
attended In Person.  Such Travel shall include a Coach Air Line
Ticket, and “On Ground” transportation, to and from the respective Airports and
BOARD Meeting Rooms.  A BOARD Meeting attended Telephonically for
which compensation under this Paragraph 3(a) is due shall be a meeting
considered, at PPRE’s sole discretion, to be of substantive significance and not
incidental to MEDEARIS’ role on the BOARD.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    b. The right
to receive Fifty Thousand (50,000) of Common Class “A” Voting
Stock.  Said  Stock shall vest to MEDEARIS as
follows:

    

    i)  
Upon the
completion of first full year of service on the BOARD, 33% of the total shares
due  to MEDEARIS shall vest,

    ii) 
Upon the
completion of the second full year of service on the BOARD 33% of the total
shares due  to MEDEARIS shall vest,

    iii)
The
remaining shares shall vest to MEDEARIS after the completion of third full year
of service.

    

    c. One
Thousand Dollars ($1,000) per month of service on the BOARD, commencing with the
date of this Agreement.

    

    For
purposes of this Provision, MEDEARIS shall be required to use reasonable best
efforts to serve at each of the Board Meetings described in Paragraph 2 above,
in order for said shares to vest.

    

    However
notwithstanding the foregoing, should the shareholders, for any reason, other
than for cause, fail or refuse to nominate and elect MEDEARIS, after his first
full year of service as a member of the BOARD, then so long as MEDEARIS remains
ready, willing and able to so serve, he shall be deemed to have so satisfied the
provisions of attendance and dutiful service so as to obtain the herein
described shares.

    

    The
shareholders failure of refusal to nominate and elect MEDEARIS shall be
considered “for cause” if any of the following events are discovered and or
occur:

    

    x. MEDEARIS
either fails to attend the minimum number of board meetings, or fails to act in
a responsible and professional manner at each such subject BOARD Meeting,
and/or

    y. MEDEARIS
commits a felony or some other act against public and/or moral decency which
would cast a negative publicity light   or stigma on the PPRE,
and/or

    z. MEDEARIS
breaches the fiduciary obligation that he owes to PPRE by virtue of the fact
that his is an elected member of the BOARD by disclosing any Corporate
proprietary information to any third party, and/or conducts any deal and/or
transaction that in any way conflicts and or competes with the business of
PPRE.

    

    4.           In
addition to the compensation provided above, PPRE shall maintain, at its own
costs and expense, Directors Errors and Omission Insurance in an amount no less
than Five Million Dollars ($5,000,000), specifically including MEDEARIS and the
other BOARD Members as insured.  Should the subject insurance coverage
not be sufficient to cover any losses occasioned by actions of the BOARD, then
PPRE agrees to indemnify and hold MEDEARIS harmless from and against any loss,
damages, costs, expenses, liabilities, and or causes of action, which may arise
as a result of his dutiful and responsible performance of his duties as a member
of the BOARD.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    

    5.           MISCELLANEOUS
PROVISIONS:

    

    a. The
parties hereto agree to execute any and all documents necessary to effectuate
the intent of this Agreement.  Furthermore, the parties hereto agree
to comply with all statutory requirements with respects to the transfer of the
shares.

     

    b. This
Agreement shall be the full and final Agreement between the parties and shall
constitute the full and final Agreement between the parties with respect to the
subject matter of this Agreement.  This Agreement shall supersede any
prior or contemporaneous Agreement, oral or written, between the
parties.

     

    c. If any
provision of this Agreement shall be found to be invalid or unenforceable in any
respect, the remainder of the Agreement shall remain in full force and
effect.  The Agreement shall be interpreted to provide a full and
reasonable commercial interpretation.

     

    d. Any and
all modifications to this Agreement must be undertaken in writing and signed by
all parties.

     

    e. This
Agreement shall be interpreted according to the laws of the State of
California.  If any suit or litigation is instituted it shall be
brought in Sacramento, California.  The prevailing party in any such
litigation shall be entitled to their reasonable attorney’s fees and
costs.

     

    f. All
parties warrant that they possess the full authority and capacity to enter into
this Agreement and bind their respective associates.

     

    g. This
Agreement may not be assigned by MEDEARIS and services contracted for herein are
specific to MEDEARIS and may not be delegated and or assigned to any other
person other than MEDEARIS except as detailed herein.

    

    

    
      	
              PREMIER
      POWER RENEWABLE

            	
              ROBERT
      MEDEARIS

            
	
              ENERGY,
      INC.

            	 
      
	 
      	 
      
	 
      	 
      
	
              /s/
      Dean
      Marks                         
      

            	
              /s/
      Robert
      Medearis              
      

            
	
              By:
      Dean Marks

            	 
      
	
              Its:
      Chief Executive Officer

            	 
      

    

    

    

    
      
         

      

      
        3

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