Document:

exhibit10_1.htm

    

     

    Exhibit
10.1

     

    

     

    ***  Indicates
material has been omitted pursuant to a Confidential Treatment Request filed
with the Securities and Exchange Commission.  A complete copy of this
agreement has been filed separately with the Securities and Exchange
Commission.

     

    

     

    JOINT
VENTURE MASTER AGREEMENT

     

    

     

    THIS
JOINT VENTURE MASTER AGREEMENT, dated June 11, 2010 (this “Master Agreement”),
is entered into by COMVERGE,
INC., a Delaware corporation (“Comverge”);
and PROJECTS INTERNATIONAL,
INC., a District of Columbia corporation (“PI”).

     

     

    BACKGROUND

     

     

    Comverge
and PI have determined that they would benefit from a strategic alliance
arrangement between their respective organizations under which the parties will
identify and jointly pursue opportunities for demand response, smartgrid and
energy efficiency projects in the specific countries identified in this Master
Agreement.  PI, directly or through its designated Affiliate, will
have primary responsibility for identifying, pursuing, negotiating, and
executing such projects in the identified countries, and Comverge will provide
key operations consulting, hardware and software technology, marketing support,
trade name and intellectual property licensing as contemplated under this Master
Agreement.

     

     

    Defined
terms used in this Master Agreement have the meaning specified in Exhibit
A (Defined Terms).

     

     

    The
Parties agree as follows:

     

     

    
      	
              1.  

            	
              Local Country Joint
      Venture Entities.  PI will *** in the
      Territory.  The Parties anticipate that if they mutually agree
      to pursue a Project in a country in the Territory, then the Parties (or
      their respective Affiliates) will form a joint venture entity in such
      country (each, a “Local Country JV
      Entity”) to execute the Project (if a Local Country JV Entity does
      not already exist in that country).  PI (or a PI Affiliate) will
      *** of each Local Country JV Entity, and Comverge (or a Comverge
      Affiliate) will *** of each Local Country JV Entity.  The
      Parties will mutually agree upon the precise legal structure of the Local
      Country JV Entity in each case (which could include a local office of a
      regional legal entity), taking into account relevant legal, tax,
      accounting, regulatory and other issues affecting the structure of the
      Local Country JV Entity.  Each Local Country JV Entity will
      incorporate, at a minimum, the terms and conditions (including control and
      governance rights) set forth on Exhibit B
      (Local Country JV Entities).

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              2.  

            	
              Territory.

            

    

     

     

    
      	
              (a)  

            	
              The
      territory for this Master Agreement (the “Territory”)
      will consist of

            

    

     

    
      	
              i.  

            	
              ***
      (defined as those countries listed on Exhibit
      C (Territory) as the “***”),

            

    

     

    
      	
              ii.  

            	
              ***
      (defined as those countries listed on Exhibit C
      (Territory) as the “***”),

            

    

     

    
      	
              iii.  

            	
              ***
      (defined as those countries listed on Exhibit C
      (Territory) as the “***”), and

            

    

     

    
      	
              iv.  

            	
              ***
      (defined as those countries listed on Exhibit C
      (Territory) as the “***”).

            

    

     

     

    
      	
              (b)  

            	
              The
      Parties intend that if PI is successful at identifying and contracting for
      Projects within a particular Country Group (e.g., in the ***), then the
      Territory will be expanded to include other countries within the
      region.  PI may propose to Comverge an expansion of the
      Territory to include other countries within the applicable
      region.  Any such proposal must be accompanied by a detailed
      business plan for the additional country or countries.  Any such
      proposal to add a country or countries to the Territory will be subject to
      the prior written approval of Comverge, in its sole
      discretion.  If the Parties mutually agree to modify the
      Territory, they will update Exhibit
      C (Territory) accordingly.

            

    

     

     

    
      	
              3.  

            	
              Exclusivity.

            

    

     

     

    
      	
              (a)  

            	
              During
      the applicable Term for each Country Group (as specified in Section 9), PI
      will have the exclusive right to pursue Projects in the countries included
      in that Country Group through a Local Country JV
      Entity.  However, if Comverge proposes a Project in the
      Territory and PI elects not to pursue the Project, then Comverge may
      pursue that Project in the Territory independently (i.e., outside of this
      Master Agreement and the Local Country JV
  Entity).

            

    

     

     

    
      	
              (b)  

            	
              During
      the applicable Term for each Country Group (as specified in Section 9)
      ***, neither PI nor any PI Affiliate will engage in any Competitive
      Business in any of the countries in the respective Country
      Group.  However, if Comverge terminates this Agreement with
      respect to a particular country in a Country Group in accordance with
      Section 9, then the foregoing restriction will apply in the affected
      country only during the Term applicable to that country (and not
      ***).  In addition, as of the Effective Date, each of Chas.
      Freeman, Jr. and Peter J.C. Young will enter into a non-competition
      agreement with the business of Comverge in the Territory, in form
      satisfactory to Comverge.  The provisions of this Section 3(b)
      will apply even if Comverge has elected not to pursue a Project proposed
      by PI.  Competitive products and services will include products
      and services that compete with new products and services offered by
      Comverge after the Effective Date.  However, if Local Country JV
      Entities begin dealing in products and services that were not competitive
      at the time originally offered by the Local Country JV Entity, but
      Comverge subsequently launches a product or service that competes, the
      Local Country JV Entity will not be deemed in breach of this Section 3(b)
      (unless Comverge has previously advised PI of the impending launch of the
      Comverge product or service).

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (c)  

            	
              The
      Parties will each be free to pursue projects in countries outside of the
      Territory either directly, through other alliances, or through third
      parties (e.g., partners, distributors or
  resellers).

            

    

     

     

    
      	
              (d)  

            	
              Neither
      PI nor any PI Affiliates will have the right to offer, sell, market,
      distribute or promote any of the products or services of Comverge outside
      of the Territory either during the Term or at any time
      thereafter.

            

    

     

     

    
      	
              4.  

            	
              Provision of Project
      Products and Services by Comverge.  Comverge will provide
      products and services for Projects in the Territories at *** for municipal
      and co-operative utility customers in the United
      States.  Comverge will enter into a Comverge Master Products and
      Services Agreement with the Local Country JV Entity providing the terms
      and conditions under which such Comverge products and services will be
      provided to the Project.  Certain products and services to be
      provided by Comverge, and the terms and conditions applicable to those
      products and services (including pricing and payment terms as of the date
      of this Agreement), are set forth in Exhibit
      D (Comverge Products and Services).  The pricing set
      forth in Exhibit
      D represents *** Comverge Products and Services as of the Effective
      Date and is***.  ***.

            

    

     

     

    
      	
              5.  

            	
              Services to be
      Provided by PI.  In consideration of its ***, PI or a PI
      Affiliate will provide the following services with respect to each Project
      either directly or through each respective Local Country JV
      Entity:

            

    

     

     

    
      	
              (a)  

            	
              ***

            

    

     

     

    
      	
              (b)  

            	
              ***

            

    

     

     

    
      	
              (c)  

            	
              ***

            

    

     

     

    
      	
              (d)  

            	
              ***

            

    

     

     

    
      	
              (e)  

            	
              ***

            

    

     

     

    
      	
              (f)  

            	
              ***

            

    

     

     

    
      	
              (g)  

            	
              ***

            

    

     

     

    
      	
              (h)  

            	
              ***

            

    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    If PI or
PI Affiliates require assistance from Comverge to perform any of the functions
specified in this Section 5, then Comverge will have the right to be compensated
for such assistance in accordance with the terms of Section 4 and Exhibit
D (Comverge Products and Services), and if such function is not
contemplated in Section 4 or Exhibit
D (Comverge Products and Services), then the Parties will mutually agree
on the compensation to be paid to Comverge.

     

     

    The costs
and expenses incurred in connection with the conduct of the Local Country JV
Entity’s business will be borne by the Local Country JV Entity to the extent
that such costs and expenses are included in an approved Budget for the Local
Country JV Entity.

     

     

    
      	
              6.  

            	
              Confidentiality.  Any
      confidential or proprietary information shared among the parties in
      connection with this Master Agreement or any Project will be subject to
      the restrictions and obligations set forth in Exhibit
      E (Confidentiality).

            

    

     

     

    
      	
              7.  

            	
              Intellectual Property
      Rights.  As between Comverge and PI, each Party will
      retain ownership of any intellectual property owned by it prior to the
      date of this Master Agreement or subsequently developed or acquired by it
      outside the scope of this Master Agreement.  In addition, each
      Party will own any derivative works based upon that Party’s intellectual
      property rights, regardless of whether such derivatives are developed by
      that Party or another Party.  No licenses with respect to the
      intellectual property rights of any Party are being granted under this
      Master Agreement (nor may any such licenses be inferred), except as
      provided in the Trademark License.  The Parties do not
      anticipate any joint development of intellectual property in connection
      with this Master Agreement.  However, if the Parties do jointly
      develop any intellectual property in connection with this Master
      Agreement, then (1) if such jointly developed intellectual property
      constitutes a derivative work of any existing Comverge intellectual
      property, then Comverge will own all such jointly developed intellectual
      property and, if necessary, will license such jointly developed
      intellectual property to PI under reasonable license terms, and (2) if
      such jointly developed intellectual property is an original work (that is,
      it is not a derivative work of any existing Comverge intellectual
      property), then such new jointly developed intellectual property will be
      jointly owned and can be used by each party in accordance with the terms
      of a mutually agreed license agreement.  Each Party will, if
      requested by the other Party, execute all such assignments and other
      documents as necessary to confirm ownership of jointly developed
      intellectual property in accordance with the terms of this
      Section.

            

    

     

     

    
      	
              8.  

            	
              Trademark
      License.  Comverge and PI will enter into a trademark
      license in the form attached as Exhibit
      F (the “Trademark
      License”).  PI agrees that it will comply with, and will
      cause each of the PI Affiliates to comply with, each of the terms of the
      Trademark License.  In addition, each Local Country JV Entity
      will enter into a joinder to the Trademark License and will be bound by
      the terms thereof.

            

    

     

     

    
      	
              9.  

            	
              Term and
      Termination.  The Term of this Master Agreement will
      commence upon the Effective Date and continue with respect to each Country
      Group as follows:

            

    

     

     

    
      	
              (a)  

            	
              ***.  The
      initial term with respect to the *** will continue in effect until the
      close of business on the Business Day immediately prior to the third
      (3rd)
      anniversary of the Effective Date, unless earlier terminated in accordance
      with this Section.  However, if, during the initial three (3)
      year term, the Parties enter into a Qualifying Customer Contract in one of
      the ***, then the term of this Master Agreement will automatically extend
      for the *** until it is superseded by another agreement or terminated
      pursuant to Section 12 or Section 13 of this Master
      Agreement.  If, however, after one (1) year following extension
      of the initial term with respect to the ***, a country within *** ceases
      to generate gross revenue for the Local Country JV Entity of at least ***
      for that country, or if the Local Country JV Entity is no longer actively
      pursuing Projects in that country (in either case, a “Non-Performing
      Country”), then Comverge will have the right to send written notice
      to PI that the performance standards for the Non-Performing Country have
      not been met and that the Non-Performing Country will be removed from the
      Territory (a “Non-Performance
      Notice”).  PI will have thirty (30) Business Days
      following receipt of the Non-Performance Notice to notify Comverge that PI
      wishes to cure the performance issue in the Non-Performing Country (a
      “Cure
      Notice”).  If PI fails to send a Cure Notice (or if PI
      agrees that the Non-Performing Country will be removed from the
      Territory), then the Non-Performing Country will be removed from the
      Territory (and Exhibit
      C (Territory) will be updated accordingly).  If PI sends
      a Cure Notice, but the Non-Performing Country fails to *** for the Local
      Country JV Entity in the twelve (12) month period following receipt of the
      Cure Notice, then the Non-Performing Country will be removed from the
      Territory, and Exhibit
      C (Territory) will be updated
  accordingly.

            

    

     

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      	
              (b)  

            	
              ***
      .  The initial term with respect to the *** will continue in
      effect until the close of business on the Business Day immediately prior
      to the first (1st)
      anniversary of the Effective Date, unless earlier terminated in accordance
      with this Section.  However, if, during the initial one (1) year
      term, the Parties establish a Local Country JV Entity or enter into a
      binding letter of intent for a Project contract with a minimum of 100
      megawatts of delivered load reduction in one of the ***, then the term of
      the Master Agreement will automatically extend for the countries in ***
      until it is superseded by another agreement or terminated pursuant to
      Section 12 or Section 13 of this Master Agreement.  If, however,
      after one (1) year following the extension of the term with respect to***,
      a country included in *** ceases *** for that country, or if the Local
      Country JV Entity is no longer actively pursuing Projects in that country,
      then Comverge will have the right to send written notice to PI that the
      performance standards for the Non-Performing Country have not been met and
      that the Non-Performing Country will be removed from the
      Territory.  PI will have thirty (30) Business Days following
      receipt of the Non-Performance Notice to notify Comverge that PI wishes to
      cure the performance issue in the Non-Performing Country.  If PI
      fails to send a Cure Notice (or if PI agrees that the Non-Performing
      Country will be removed from the Territory), then the Non-Performing
      Country will be removed from the Territory (and Exhibit
      C (Territory) will be updated accordingly).  If PI sends
      a Cure Notice, but the Non-Performing Country *** for the Local Country JV
      Entity in the twelve (12) month period following receipt of the Cure
      Notice, then the Non-Performing Country will be removed from the
      Territory, and Exhibit
      C (Territory) will be updated
  accordingly.

            

    

     

     

    
      	
              (c)  

            	
              ***.  The
      initial term with respect to the*** will continue in effect until the
      close of business on the Business Day immediately prior to the first
      (1st)
      anniversary of the Effective Date, unless earlier terminated in accordance
      with this Section.  However, if, during the initial one (1) year
      term, the Parties establish a Local Country JV Entity or enter into a
      binding letter of intent for a Project contract with a minimum of 100
      megawatts of delivered load reduction in one of the ***, then the term of
      this Master Agreement will automatically extend for the *** until it is
      superseded by another agreement or terminated pursuant to Section 12 or
      Section 13 of this Master Agreement.  If, however, after one (1)
      year following extension of the term with respect to the ***, a country
      within the *** ceases to generate gross revenue for the Local Country JV
      Entity of *** for that country, or if the Local Country JV Entity is no
      longer actively pursuing Projects in that country, then Comverge will have
      the right to send written notice to PI that the performance standards for
      the Non-Performing Country have not been met and that the Non-Performing
      Country will be removed from the Territory.  PI will have thirty
      (30) Business Days following receipt of the Non-Performance Notice to
      notify Comverge that PI wishes to cure the performance issue in the
      Non-Performing Country.  If PI fails to send a Cure Notice (or
      if PI agrees that the Non-Performing Country will be removed from the
      Territory), then the Non-Performing Country will be removed from the
      Territory (and Exhibit
      C (Territory) will be updated accordingly).  If PI sends
      a Cure Notice, but the Non-Performing Country fails to *** for the Local
      Country JV Entity in the twelve (12) month period following receipt of the
      Cure Notice, then the Non-Performing Country will be removed from the
      Territory, and Exhibit
      C (Territory) will be updated
  accordingly.

            

    

     

     

    
      	
              (d)  

            	
              ***.  The
      initial term with respect to the *** will continue in effect until the
      close of business on the Business Day immediately prior to the first
      (1st)
      anniversary of the Effective Date, unless earlier terminated in accordance
      with this Section.  However, if, during the initial one (1) year
      term, the Parties establish a Local Country JV Entity or enter into a
      binding letter of intent for a Project contract with *** in one of the
      ***, then the term of this Master Agreement will automatically extend for
      the *** until it is superseded by another agreement or terminated pursuant
      to Section 12 or Section 13 of this Master Agreement.  If,
      however, after one (1) year following extension of the term with respect
      to the ***, a country within the *** Country Group ceases to generate
      gross revenue for the Local Country JV Entity of at least ***, or if the
      Local Country JV Entity is no longer actively pursuing Projects in that
      country, then Comverge will have the right to send written notice to PI
      that the performance standards for the Non-Performing Country have not
      been met and that the Non-Performing Country will be removed from the
      Territory.  PI will have thirty (30) Business Days following
      receipt of the Non-Performance Notice to notify Comverge that PI wishes to
      cure the performance issue in the Non-Performing Country.  If PI
      fails to send a Cure Notice (or if PI agrees that the Non-Performing
      Country will be removed from the Territory), then the Non-Performing
      Country will be removed from the Territory (and Exhibit
      C (Territory) will be updated accordingly).  If PI sends
      a Cure Notice, but the Non-Performing Country fails to *** for the Local
      Country JV Entity in the twelve (12) month period following receipt of the
      Cure Notice, then the Non-Performing Country will be removed from the
      Territory, and Exhibit
      C (Territory) will be updated
  accordingly.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (e)  

            	
              Material
      Default.  A material default by a Party is grounds for
      termination of this Master Agreement.  A Party alleging a
      material default must provide written notice (a “Default
      Notice”) to the other Party upon any indication of material default
      by the other Party of any of its material obligations under this Master
      Agreement or any of the Transaction Documents, and the receiving Party
      will have thirty (30) days to cure the alleged default.  If the
      Party receiving a Default Notice disputes the existence of a material
      default (or disputes its failure to cure a material default), then the
      dispute will first be subject to internal escalation in accordance with
      Section 11.  If the Parties are unable to resolve the dispute
      pursuant to Section 11, then the dispute will be resolved in accordance
      with Section 24.   Termination of this Master Agreement as
      a result of a material default will not terminate any Customer Contracts
      that, as of the Termination Date, have been entered into by the Parties or
      their Affiliates or any Local Country JV Entity, which will remain in
      effect until terminated pursuant to the terms set forth in the applicable
      Customer Agreement.

            

    

     

     

    
      	
              (f)  

            	
              Exercise of Option
      Rights under Section 12.  If Comverge exercises its
      rights under Section 12 with respect to the Local Country JV Entities,
      then this Master Agreement will terminate upon consummation of the
      purchase of PI’s equity interests in the Local Country JV
      Entities.  However, any agreements between Comverge and the
      Local Country JV Entities and any Customer Contracts in existence at the
      time of such termination of this Master Agreement will continue in
      accordance with their respective
terms.

            

    

     

     

    
      	
              (g)  

            	
              Exercise of Option
      Rights under Section 13.   If either Party exercises
      its rights under Section 13 with respect to any Local Country JV Entity,
      then this Master Agreement will terminate as to that Local Country JV
      Entity and each country within the Territory in which that Local Country
      JV Entity operates, upon consummation of the purchase of the other Party’s
      equity interest in that Local Country JV Entity.  This Master
      Agreement will continue in effect with respect to the Local Country JV
      Entities that are not acquired (if any).    Moreover,
      any agreements between Comverge and the Local Country JV Entities and any
      Customer Contracts in existence at such time will continue in accordance
      with their respective terms.  If PI acquires the interest of
      Comverge in a Local Country JV Entity pursuant to Section 13, then the
      obligations of Comverge under Section 3(a) and Section 4 will survive such
      termination with respect to the affected portion of the Territory in
      accordance with the terms of this
Agreement.

            

    

     

     

    
      	
              (h)  

            	
              Actions upon
      Termination under Section 9(a), (b), (c) or (d).  If this
      Master Agreement terminates with respect to any Country Group or country
      within a Country Group pursuant to Sections 9(a), (b), (c), or (d), and
      there is a Local Country JV Entity in the affected country or countries,
      then the existing Local Country JV Entity will continue to exist and will
      be responsible for executing any Customer Contracts to which it is a party
      as of the time of such termination in accordance with the terms of such
      Customer Contracts.  However, Comverge will have no further
      exclusivity obligations under Section 3 in the affected country or
      countries and will be free to pursue all future Projects directly or in
      conjunction with third parties.  In addition, Comverge will have
      the option to deliver a Triggering Notice in accordance with Section
      13(a), and the Parties will thereafter follow the buy/sell process
      provided for in Section 13(b) through
13(e).

            

    

     

     

    
      	
              (i)  

            	
              Survival of
      Provisions.  The provisions of Sections 3(b), 6, 7, 8, 9,
      10, 11,  and Sections 15 through 25, will survive any
      termination of this Master Agreement, unless otherwise
    agreed.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              10.  

            	
              Covenant Not to Hire
      Employees.  Prior to the Termination Date and for***,
      neither PI nor any PI Affiliate (in such capacity, the “Hiring Party”)
      will, directly or indirectly, without the written consent of Comverge (in
      its sole discretion), and whether or not for compensation, either on the
      Hiring Party’s own behalf or in any other capacity
    knowingly:

            

    

     

     

    
      	
              (a)  

            	
              solicit,
      persuade, encourage, or induce any employee of Comverge or any Comverge
      Affiliate (or any consultant, sales agent, contract programmer, or other
      independent agent who is retained on a full-time or substantially
      full-time basis by Comverge or any Comverge Affiliate and  who
      is involved with the activities contemplated under this Master Agreement)
      to cease his employment with or retention by Comverge or one of the
      Comverge Affiliates; or

            

    

     

     

    
      	
              (b)  

            	
              employ,
      or retain as a consultant or contractor, or cause to be so employed or
      retained, or enter into a business relationship with any person who
      (i) is an employee of Comverge or one of the Comverge Affiliates,
      (ii) has been employed by Comverge or one of the Comverge Affiliates
      at any time within *** of such act, (iii) is a consultant, sales
      agent, contract programmer, or other independent agent retained on a
      full-time or substantially full-time basis by Comverge or one of the
      Comverge Affiliates, or (iv) has been retained on a full-time or
      substantially full-time basis by Comverge or one of the Comverge
      Affiliates as a consultant, sales agent, contract programmer, or other
      independent agent at *** of such
act.

            

    

     

     

    General
solicitations of employees by PI or PI Affiliates (e.g., in trade journals or
on-line job postings) will not constitute a breach of this Section 10 so long as
PI or the PI Affiliate does not hire a Comverge employee or consultant (or
former Comverge employee or consultant) who responds to such general
solicitation.

     

     

    PI
acknowledges that the provisions of this Section are a material inducement to
Comverge in entering into this Master Agreement and that Comverge is relying on
the enforceability of such provisions.

     

     

    
      	
              11.  

            	
              Internal Escalation of
      Disputes.

            

    

     

     

    
      	
              (a)  

            	
              The
      Parties will first seek to resolve any dispute through a good faith
      internal escalation process.  If either Party believes that a
      dispute exists, that Party will deliver written notice of the dispute (a
      “Dispute
      Notice”) to the General Counsel of Comverge or to the President of
      PI (or his designee), as appropriate.  The General Counsel of
      Comverge and the President of PI (or his designee) will meet in person or
      by telephone as soon as practicable in a good faith effort to resolve the
      dispute.

            

    

     

     

    
      	
              (b)  

            	
              If
      the dispute cannot be resolved by the General Counsel of Comverge and the
      President of PI (or his designee) within ten (10) Business Days after
      either Party delivers a Dispute Notice, then either Party will have the
      right to submit the Dispute to the CEO of Comverge and the Chairman of PI
      for resolution.   The CEO of Comverge and the Chairman of
      PI will meet in person or by telephone as soon as practicable in a good
      faith effort to resolve the dispute within ten (10) Business Days
      following escalation of the dispute to them for
  resolution.

            

    

     

     

    
      	
              (c)  

            	
              If
      the Parties are unable to resolve a dispute pursuant to the foregoing
      escalation process, they will be free to pursue any available legal or
      equitable remedies.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              12.  

            	
              Comverge Buyout of
      Equity Interest in Local Country JV Entities.  If
      Comverge undergoes a Change of Control Transaction, then Comverge, or its
      successor entity, shall have the right and option to purchase the equity
      interests of PI or a PI Affiliate in all Local Country JV Entities created
      as a result of this Master Agreement.  Such option must be
      exercised by Comverge or its successor, if at all, *** the consummation of
      the Change of Control Transaction.  The purchase price payable
      for such equity interests in each Local Country JV Entity
      ***.  If a local country partner owns an equity interest in the
      Local Country JV Entity, then the repurchase right under this Section 12
      will not apply to the interest in the Local Country JV Entity held by the
      local country partner.

            

    

     

     

    
      	
              (a)  

            	
              The
      “Local Country
      JV Entity ***” will be *** for the Local Country JV Entity,
      determined in good faith based upon the original financial model for the
      Local Country JV Entity and the approved Budget for the Local Country JV
      Entity for ***.

            

    

     

     

    
      	
              (b)  

            	
              “***”
      means the ***, for the fiscal year beginning after December 31st
      of the year any binding definitive agreement is executed with respect to a
      Change of Control Transaction.

            

    

     

     

    
      	
              (c)  

            	
              The
      “***” will be ***.

            

    

     

     

    
      	
              (d)  

            	
              ***.

            

    

     

     

    
      	
              (e)  

            	
              The
      option provided for in this Section 12 may be exercised with respect to
      all (but not less than all) of the Local Country JV
    Entities.

            

    

     

     

    
      	
              13.  

            	
              Mutual
      Buy/Sell.

            

    

     

     

    
      	
              (a)  

            	
              Triggering
      Notice.  At any time following *** of the Effective Date
      either Party (the “Triggering
      Party”) may deliver a written notice (a “Triggering
      Notice”) to the other Party (the “Responding
      Party”) stating: (i) its intent to commence a purchase or sale of
      the equity interests in one or more (or all) Local Country JV Entities
      under this Section, and (ii) the per-share price (the “Per-Share Buy/Sell
      Price”) which will be applicable to such
    transaction.

            

    

     

     

    
      	
              (b)  

            	
              Response
      Notice.  Within *** of the delivery of a Triggering
      Notice, the Responding Party shall deliver a written notice (the “Response
      Notice”) to the Triggering Party stating whether the Responding
      Party has elected: (i) to purchase the entirety of the Triggering Party’s
      equity interests in the Local Country JV Entities at the Per-Share
      Buy/Sell Price, or (ii) to sell the entirety of its equity interests in
      the Local Country JV Entities to the Triggering Party at the Per-Share
      Buy/Sell Price.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (c)  

            	
              Cure
      Period.  If no Response Notice is delivered *** of a
      Triggering Notice, the Triggering Party shall deliver a written notice
      (the “Cure
      Period Notice”) to the Responding Party stating that the Responding
      Party has failed to deliver a Response Notice and stating that the
      Responding Party has *** of the Cure Period Notice (the “Cure Period”)
      to deliver a Response Notice to the Triggering Party.  If the
      Responding Party does not deliver a Response Notice within the Cure
      Period, the Triggering Party shall, at its sole option, *** of the
      conclusion of the Cure Period elect to either (i) to purchase the entirety
      of the Responding Party’s equity at the Per-Share Buy/Sell Price, or (ii)
      to sell the entirety of its equity to the Responding Party at the Per
      Share Buy/Sell Price.  The Parties shall thereupon effect a
      Closing of a sale or purchase in accordance with the provisions of Section
      pursuant to the terms of the preceding
sentence.

            

    

     

     

    
      	
              (d)  

            	
              Exercise.  The
      option provided for in this Section may be exercised with respect to all
      of the Local Country JV Entities, or it may be exercised with respect to
      any one or more of the Local Country JV
  Entities.

            

    

     

     

    
      	
              (e)  

            	
              Closing.  The
      closing of a sale or purchase under this Section shall take place, and
      certificates representing all of the equity of the Selling Party, properly
      endorsed for transfer to the Purchasing Party, as well as all payments
      from the Purchasing Party shall have been delivered to the Selling Party
      *** after delivery of the Response Notice, the Cure Period Notice or the
      expiration of the Cure Period, as the case may
  be.

            

    

     

     

    
      	
              14.  

            	
              Insurance.  PI
      will cause each Local Country JV Entity to obtain appropriate insurance
      policies (including liability insurance) in amounts and with coverages
      approved by Comverge.  Such policies of insurance will name PI
      and the PI Affiliates and Comverge and the Comverge Affiliates as
      additional named insureds.

            

    

     

     

    
      	
              15.  

            	
              Publicity.   The
      Parties will consult with each other as to the form, substance, and timing
      of an initial press release or other initial public statement concerning
      this Master Agreement, the strategic alliance being created pursuant to
      this Master Agreement, or any Project.  Any press release or
      other public comment (including the initial press releases described
      above) by the Parties or by the Local Country JV Entities will be subject
      to the prior written approval of each of the Parties.  Each
      Party may make such disclosures as are necessary to comply with any
      applicable regulation or applicable law after making good faith efforts
      under the circumstances to consult in advance with the other
      Party.

            

    

     

     

    
      	
              16.  

            	
              Consequential
      Damages.  In no event will any of the Parties or their
      respective Affiliates be liable for indirect, incidental, or consequential
      damages (including damages for loss of profits or loss of business
      opportunity) arising from this Master Agreement or its breach, even if
      such Party or Affiliate, or the officers, directors, employees, or agents
      of such Party or Affiliate, knew or have been advised of the possibility
      of such damages.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              17.  

            	
              Notice.  All
      notices, certificates, acknowledgements, reports, and other communications
      to a Party hereunder must be in writing and will be deemed duly delivered
      upon receipt at the address for such Party as follows, or to such other
      address as such Party may, by written notice provided in accordance with
      this Section 17 designate to the
other.

            

    

     

     

    
      	
              (a)  

            	
              Comverge,
      Inc.

            

    

     

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  Chief
Financial Officer

    

    with a
copy to :

    

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  General
Counsel

    

    and

    

    King
& Spalding LLP

    1180
Peachtree Street

    Atlanta,
Georgia 30309

    Attention:
William G. Roche

    

     

    
      	
              (b)  

            	
              Projects
      International, Inc.

            

    

     

    888
17th
Street NW

    Suite
1250

    Washington,
D.C. 20006

    Attention:
Chief Financial Officer

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    
      	
              18.  

            	
              No
      Partnership.  This Master Agreement is not intended by
      the Parties to constitute or create a joint venture, pooling arrangement,
      partnership, or formal business organization of any kind, and the rights
      and obligations of the Parties will be only those expressly set forth in
      this Master Agreement.  No Party to this Master Agreement has
      the authority to bind the other.

            

    

     

     

    
      	
              19.  

            	
              Assignment.  This
      Master Agreement may not be assigned or otherwise transferred by any Party
      in whole or in part, without express prior written consent of the other
      Parties.  The foregoing limitation on assignment will not apply
      to a Party’s change in its corporate name, merger with another
      corporation, or sale of substantially all of its assets to a third
      party.

            

    

     

     

    
      	
              20.  

            	
              Amendment and
      Waiver.  This Master Agreement may not be amended or
      modified, nor will any waiver of any right under this Master Agreement be
      effective, unless set forth in a document executed by duly authorized
      representative(s) of all Parties.  The waiver of any breach of
      any term, covenant, or condition in this Master Agreement will not be
      deemed to be a waiver of such term, covenant, or condition for any
      subsequent breach of the same.

            

    

     

     

    
      	
              21.  

            	
              Entire
      Agreement.  This Master Agreement and its Exhibits
      contain all of the agreements, representations, and understandings of the
      Parties and supersedes and replaces any and all previous understandings,
      commitments, or agreements, oral or written, related to the subject matter
      hereof.

            

    

     

     

    
      	
              22.  

            	
              Unenforceability.  If
      any part, term, or provision of this Master Agreement is held void,
      illegal, unenforceable, or in conflict with any law of a federal, state or
      local government, by a court of competent jurisdiction, the validity of
      the remaining portions of provisions will not be affected thereby, and
      such portions will remain in full force and effect and be interpreted to
      give maximum effect to the Parties’ intentions under this Master
      Agreement.

            

    

     

     

    
      	
              23.  

            	
              Governing
      Law.  This Master Agreement and its enforcement will be
      governed by, and interpreted in accordance with, the laws of the State of
      Delaware, without regard to conflict-of-law
  principles.

            

    

     

    24. Consent to Jurisdiction,
Etc

     

     

    
      	
               
      

            	
              .  Each
      Party hereby irrevocably agrees that any legal dispute with respect to
      this Master Agreement, any Local Country JV Entity or any Project shall be
      brought only to the exclusive jurisdiction of the courts of the State of
      Delaware or
      the federal courts located in the State of Delaware, and each Party hereby
      consents to the jurisdiction of such courts (and of the appropriate
      appellate courts therefrom) in any such suit, action or proceeding and
      irrevocable waives, to the fullest extent permitted by law, any objection
      that it may now or hereafter have to the laying of the venue of any such
      suit, action or proceeding in any such court or that they any such suit,
      action or proceeding that is brought in any such court has been brought in
      an inconvenient forum.  During the period a legal dispute that
      is filed in accordance with this Section 24 is pending before a
      court, all actions, suits or proceedings with respect to such legal
      dispute or any other legal dispute, including any counterclaim,
      cross-claim or interpleader, shall be subject to the exclusive
      jurisdiction of such court.  Each Party hereby waives, and shall
      not assert as a defense in any legal dispute, that (a) such Party is
      not subject thereto, (b) such action, suit or proceeding may not be
      brought or is not maintainable in such court, (c) such Party’s
      property is exempt or immune from execution, (d) such action, suit or
      proceeding is brought in an inconvenient forum, or (e) the venue of
      such action, suit or proceeding is improper.  A final judgment
      in any action, suit or proceeding described in this Section 24 following
      the expiration of any period permitted for appeal and subject to any stay
      during appeal shall be conclusive and may be enforced in other
      jurisdictions by suit on the judgment or in any other manner provided by
      applicable laws.

            

    

     

     

    
      	
              25.  

            	
              Costs and
      Expenses.  Each Party will bear all costs and expenses
      incurred in connection with the preparation, negotiation and execution of
      this Master Agreement.

            

    

     

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    IN WITNESS WHEREOF, the
Parties have executed this Master Agreement the day and the year of the latest
date specified below:

     

    

    COMVERGE,
INC.

    

    

    By:         /s/ Michael
Picchi

    Name: Michael Picchi

    Title: EVP-CFO

    

    Date:    June 11,
2010

    

    

    

    PROJECTS
INTERNATIONAL, INC.

    

    

    By:          /s/ Peter
Young

    Name:    Peter
Young

    Title:      President

    

    Date:     6/11/10

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    LIST
OF EXHIBITS

    

    

    EXHIBIT
A                                DEFINED
TERMS

    EXHIBIT
B                                LOCAL
COUNTRY JV ENTITIES

    EXHIBIT
C                                TERRITORY

    EXHIBIT
D                                COMVERGE
PRODUCTS AND SERVICES

    EXHIBIT
E                                CONFIDENTIALITY

    EXHIBIT
F                                TRADEMARK
LICENSE

    

     

     

     

     

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    EXHIBIT
A

    

    TO MASTER
JOINT VENTURE AGREEMENT

    

    DEFINED
TERMS

     

    

     

     

    The
following terms have the meanings specified below:

     

     

    “Affiliate” means,
with respect to any Person, any Person that controls, is controlled by, or is
under common control with respect to the first Person.  For this
purpose, control means the ownership or control, directly or indirectly, of
equity interests with more than 50% of the voting power with respect to a
Person.

     

     

    “Board” means the
Board of Directors, Board of Managers or similar governing body of each Local
Country JV Entity.

     

     

    “Budget” means the
initial budget approved and adopted by the Parties for a Project and each annual
capital and operating budget for that Project, as thereafter approved in form
and substance by each of Comverge and PI.

     

     

    “Business” means the
business of identifying, pursuing, contracting for, and executing demand
response, smartgrid and energy efficiency projects in the
Territory.

     

     

    “Business Day” means
any day on which banks in New York City, New York are required or permitted to
be open for business.

     

     

    “Change of Control
Transaction” means (i) the merger, share exchange, reorganization or
consolidation involving Comverge or any Comverge Affiliate which constitutes the
sale of all or substantially all of the assets of the business of the Company
and the Comverge Affiliates taken as a whole in which the stockholders of
Comverge holding the right to vote with respect to matters generally immediately
preceding such merger, share exchange, reorganization or consolidation (solely
by virtue of their shares or other securities of Comverge or Comverge
Affiliates) own less than fifty percent (50%) of the voting interests of the
surviving corporation, (ii) the sale, transfer or lease (but not including a
transfer or lease by pledge or mortgage to a bona fide lender), of all or
substantially all of the assets of Comverge or the Comverge Affiliates taken as
a whole, whether pursuant to a single transaction or a series of related
transactions or plan, or (iii) the sale or transfer, whether in a single
transaction or pursuant to a series of related transactions, of capital stock of
Comverge such that the stockholders of Comverge holding a majority of the voting
power of the outstanding securities of Comverge immediately prior to such sale
or transfer or series of transfers cease to hold a majority of the Company’s
voting power after such sale or transfer or series of transfers.

     

     

    “Competitive Business”
means any business engaged in the development, distribution, marketing, sales or
promotion of products or services that compete with the products and services
offered by Comverge from time to time after the Effective Date in the
***.

     

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    “Comverge” means
Comverge, Inc., a Delaware corporation.

     

     

    “Comverge Affiliates”
means any Affiliate of Comverge.

     

     

    “Comverge Products and
Services” means those hardware, software and services offerings which
Comverge provides to its customers in the United States for various customer
classes, including residential, retail, commercial and industrial.

     

     

    “Country Group” means
one of the four groups of countries identified in Section 3(a)(i), (ii), (iii)
and (iv) respectively; that is, (a) ***, (b) the ***, (c) the ***, and (d) the
***.

     

     

    “Cure Period” has the
meaning specified in Section 13.

     

     

    “Cure Period Notice”
has the meaning specified in Section 13.

     

     

    “Customer” means a
party that enters into a Customer Contract with a Local Country JV Entity for
the provision of Comverge Products and Services to such customer.

     

     

    “Customer Contract”
means any contract, agreement or arrangement entered into with a customer for
the provision of products and/or services in connection with a
Project.

     

     

    “Effective Date” means
the latest of the dates appearing on the signature page of this Master Agreement
below the signatures of the Parties.

     

     

    “Government Authority”
means any governmental, semi-governmental, administrative, fiscal, judicial or
quasi-judicial body, department, commission, authority, tribunal, agency or
entity.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    “Hiring Party” has the
meaning specified in Section 10.

     

     

    “Local Country JV
Entity” has the meaning specified in Section 1.

     

     

    “Megawatts” means the
assumed reduction in electricity, as measured in wattage, reasonably determined
by Comverge for the specific Projects, taking into account multiple variables,
including the technology deployed, load targeted, customer class, geographic and
weather conditions in the specific country, load reduction method, time and
seasonal commitment of the load reduction.

     

     

    “***”
means the countries identified on Exhibit
C (Territory) as the ***, as updated from time to time in accordance with
this Master Agreement.

     

     

    “***”
means the countries identified on Exhibit
C (Territory) as the ***, as updated from time to time in accordance with
this Master Agreement.

     

     

    “***”
means the countries identified on Exhibit
C (Territory) as the ***, as updated from time to time in accordance with
this Master Agreement.

     

     

    “***”
means the countries identified on Exhibit
C (Territory) as the ***, as updated from time to time in accordance with
this Master Agreement.

     

     

    “Party” means each of
Comverge and PI, individually, and “Parties” means
Comverge and PI, collectively.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    “Per-Share Buy/Sell
Price” has the meaning specified in Section 13.

     

     

    “Person” means any
individual, corporation, limited liability company, partnership, joint venture,
trust, unincorporated entity, Governmental Authority or other
entity.

     

     

    “Project” means the
smart grid, demand response, energy efficiency, or renewable program, including
an internal Megawatt calculation, resulting from the contractual relationship
between a Local Country JV Entity and a Customer in the applicable
Territory.

     

     

    “PI” means Projects
International, Inc., a District of Columbia corporation.

     

     

    “PI Affiliates” means
each Affiliate of PI and all of them, collectively.

     

     

    “Qualifying Customer
Contract” means a binding customer agreement in a country within that
Country Group that (i) provides for a minimum of 100 Megawatts of delivered load
reduction, (ii) has been approved by Comverge (which approval will not be
unreasonably withheld or delayed), (iii) has received all required Governmental
Authority and regulatory approvals, and (iv) is not subject to any conditions to
its effectiveness.  Solely with respect to ***, a Qualifying Customer
Contract means a binding customer agreement in a country within *** that (i)
provides for ***, (ii) has been approved by Comverge (which approval will not be
unreasonably withheld or delayed), (iii) has received all required Governmental
Authority and regulatory approvals, and (iv) is not subject to any conditions to
its effectiveness.

     

     

    “Related Party
Agreement” means any agreement, arrangement or understanding between the
Local Country JV Entity and PI or a PI Related Person or any modification to any
agreement, arrangement or understanding between a Local Country JV Entity and PI
or a PI Related Person, or any enforcement or waiver of rights in relation to,
or not comply with, any such agreement, arrangement or
understanding.  For this purpose, a “PI Related Person”
means any PI Affiliate or any shareholder, member, partner, officer, director,
employee, consultant of PI or any PI Affiliate, or any relative of any of the
foregoing, or any Person in which any of the foregoing own an equity interest,
including any related person within the meaning of Statement of Financial
Accounting Standard No. 6, as promulgated by the Financial Accounting Standard
Committee of the Accounting Research and Development Foundation.

     

     

    “Response Notice” has
the meaning specified in Section 13.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    “Responding Party” has
the meaning specified in Section 13.

     

     

    “Security” means a
share or other interests in a Local Country JV Entity, any security or
instrument convertible into such shares or interests, and any option or warrant
to subscribe for any such shares or interests or convertible securities or
instruments.

     

     

     “Subsidiary” means a
person (other than an individual) of which another person owns or controls
directly or indirectly more than 50% of the shares, capital or other equity
interests or more than 50% of the voting power providing the holders thereof,
ordinarily and generally in the absence of contingencies, the right to vote for
the election of directors, managers or persons having similar rights and
duties.

     

     

     “Termination Date”
means the date on which this Master Agreement has terminated with respect to
each of the Country Groups.

     

     

    “Territory” means the
countries included in the Country Groups identified in Exhibit
C (Territory), as it may be amended from time to time in accordance with
the provisions of this Master Agreement.

     

     

    “Trademark License”
means the Trademark License with Comverge, in the form attached as Exhibit
F (Trademark
License).

     

     

    “Transaction
Documents” means this Master Agreement, the Warrants, the Trademark
License, and any of the constituent documents of a Local Country JV Entity
(including articles, bylaws, partnership agreements, operating agreements,
shareholder agreements and the like).

     

     

    “Transfer” means to
sell, transfer, assign or otherwise dispose of or deal with any legal or
equitable interest in a Security.

     

     

    “Triggering Notice”
has the meaning specified in Section 13.

     

     

    “Triggering Party” has
the meaning specified in Section 13.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
B

    

    TO MASTER
JOINT VENTURE AGREEMENT

    

    LOCAL
COUNTRY JV  ENTITIES

    

     

    
      	
              A.  

            	
              Approval
      Rights.

            

    

     

     

    Each
Local Country JV Entity will provide for the following approval rights for
Comverge (that is, the approval of Comverge (or its designated representative)
will be required for each of the following actions (or the failure to take any
of the following actions) by the Local Country JV Entity:

     

     

    
      	
              (a)  

            	
              Budget -
      adoption of the initial Budget for a Project or any amendment, repeal,
      modification or departure thereto or therefrom, and the adoption of an
      annual Budget for the Local Country JV Entity for its Project(s), or any
      amendment, repeal, modification or departure thereto or
      therefrom;

            

    

     

     

    
      	
              (b)  

            	
              Changes to Constituent
      Documents - changes to the articles, regulations or other
      constituent or governing documents of the Local Country JV
      Entity;

            

    

     

     

    
      	
              (c)  

            	
              Subsidiaries
      -  establishing or dissolving a Subsidiary and/or approving or
      amending the constituent or governing documents of a
      Subsidiary;

            

    

     

     

    
      	
              (d)  

            	
              Equity
      Structure - authorizing or issuing any Securities in any Local
      Country JV Entity or any of its Subsidiaries, or any right to acquire any
      of such Securities (including options, warrants or convertible
      securities), other than the issuance of equity ownership interests in a
      Local Country JV Entity of *** to PI or a PI Affiliate and *** to Comverge
      or a Comverge Affiliate, as contemplated under the Master Agreement, or
      any alteration to any of the rights attaching to any Securities of a Local
      Country JV Entity or any of its
Subsidiaries;

            

    

     

     

    
      	
              (e)  

            	
              Redemption of
      Securities - redemption of any Securities or rights to acquire any
      Securities;

            

    

     

     

    
      	
              (f)  

            	
              Winding-Up -
      any proposal to cease to carry on the Business of the Local Country JV
      Entity or any material part of the Business of the Local Country JV
      Entity, or to wind-up or dissolve the Local Country JV Entity, or to
      voluntarily apply to a court for bankruptcy or reorganization or to
      appoint a liquidator or administrator to the Local Country JV Entity or to
      take advantage of any law providing for the relief of debtors in adverse
      financial circumstances in relation to the Local Country JV
      Entity;

            

    

     

     

    
      	
              (g)  

            	
              Merger or
      Amalgamation - merging or amalgamating the Local Country JV Entity
      with any other Person;

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (h)  

            	
              Debt -
      incurring any indebtedness for borrowed money or issuing any debt
      securities or any change to the terms of such indebtedness for borrowed
      money or debt securities;

            

    

     

     

    
      	
              (i)  

            	
              Asset Disposals
      - any sale, lease, exchange or other disposition or series of related
      sales, leases, exchanges or dispositions by the Local Country JV Entity
      of:

            

    

     

     

    
      	
              (i)  

            	
              assets
      (including shares), except for:

            

    

     

     

    
      	
              (A)  

            	
              ***;
      or

            

    

     

     

    
      	
              (B)  

            	
              as
      specified in the most recently approved
Budget;

            

    

     

     

    
      	
              (ii)  

            	
              all
      or a substantial part of the
Business;

            

    

     

     

    
      	
              (j)  

            	
              Customer Contracts
      - all Customer Contracts (including the terms and conditions of
      each such Customer Contract) to be entered into by the Local Country JV
      Entity, which approval will not be unreasonably withheld or
      delayed;

            

    

     

     

    
      	
              (k)  

            	
              Dividends or
      Distributions - the declaration or payment of a dividend or other
      distribution by the Local Country JV
Entity;

            

    

     

     

    
      	
              (l)  

            	
              Related Party
      Agreements - any Related Party Agreement or amendment to a Related
      Party Agreement;

            

    

     

     

    
      	
              (m)  

            	
              Accounting
      Principles - approve any material change in the accounting
      principles, policies or procedures applied by the Local Country JV Entity
      in relation to its accounts;

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (n)  

            	
              Accountants -
      the engagement or termination of accountants for the Local Country JV
      Entity;

            

    

     

     

    
      	
              (o)  

            	
              Annual Financial
      Statements - approval of the annual financial statements for the
      Local Country JV Entity;

            

    

     

     

    
      	
              (p)  

            	
              Change in the Business
      of the Local Country JV Entity  - any change in the
      Business of the Local Country JV Entity;
and

            

    

     

     

    
      	
              (q)  

            	
              Appointment and
      Removal of CEO - the appointment, removal and replacement of the
      Chief Executive Officer of the Local Country JV
  Entity.

            

    

     

     

    B.  Transfer of Interests in the Local Country JV
Entity.

     

     

    The governing documents of each Local
Country JV Entity will provide that no Transfers of equity interests in the
Local Country JV Entity will be permitted without the consent of the other
Party, except as specifically contemplated in the Master Agreement.

     

     

     
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    C.  Termination of Supply
Agreements.

     

     

    The agreements between Comverge and the
Local Country JV Entities pursuant to which Comverge provides Comverge Products
and Services in support of Projects will provide that, if PI or a PI Affiliates
acquires the interests of Comverge in the Local Country JV Entity, then Comverge
will have the right to terminate such agreements at any time after the
acquisition of such equity interests if PI or a PI Affiliate engages in a
Competitive Business.

     

     

    D.  Local Country JV
Partners.

     

     

    Comverge will have the right to approve
any local country partners who are granted an interest in any Local Country JV
Entity (or any of its Subsidiaries), and the terms and conditions applicable to
such ownership.

     

     

    E.  Deemed Approval.

     

     

    If PI or the Chief Executive Officer of
the Local Country JV Entity requests an approval required under this Exhibit in
writing, and no response to such request is received by PI or the Chief
Executive Officer of the Local Country JV Entity within ten (10) Business Days
following receipt by Comverge of such request, then the requested approval will
be deemed given by Comverge; except in the case of approval of an Annual Budget
(in which case Comverge will have thirty (30) Business Days to respond to a
requested approval).

     

     

     

     

     

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    EXHIBIT
C

    

    TO MASTER
JOINT VENTURE AGREEMENT

    

    TERRITORY

    

    A.           ***

    

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    ***

    

    

    B.           ***

    

    ***

    ***

    ***

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
C

    

    TO MASTER
JOINT VENTURE AGREEMENT

    

    TERRITORY

    

    

    

    C.           ***

    

    ***

    ***

    

    

    D.           ***

    

    ***

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
D

     

     

    TO MASTER JOINT VENTURE
AGREEMENT

     

     

    

     

     

    COMVERGE PRODUCTS AND
SERVICES

     

    Price
List

    

    

    Certain
products and services to be provided by Comverge, are set forth
below.  ***.

    

    ***

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    ***

     

    

     

     

    

     

     

     

     

     

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
E

     

     

    TO MASTER JOINT VENTURE
AGREEMENT

     

     

    

     

     

    CONFIDENTIALITY

     

     

    

     

     

    1.           The
Parties anticipate that it may be necessary to provide access to confidential
and/or proprietary information to each other pursuant to this Master Agreement
in connection with the delivery of Opportunity Notices, preparation of proposals
with respect to Projects, preparation of Budgets and the execution of Projects
(“Proprietary
Information”).  The Party disclosing Proprietary Information is
referred to as the “Disclosing Party”,
and the party receiving Proprietary Information is referred to as a “Recipient”.  Proprietary
Information must be clearly identified or labeled as such by the Disclosing
Party at the time of disclosure.  Where concurrent identification of
Proprietary Information is not feasible, the Disclosing Party will provide such
identification as promptly thereafter as possible.

     

     

    2.           Each
of the Parties agrees that it must protect the confidentiality of the Disclosing
Party’s Proprietary Information in the same manner as it protects its own
proprietary information of like kind.  Disclosures of Proprietary
Information must be restricted to those individuals who are directly
participating in the preparation of the proposals for Projects or in the
execution of Projects and other work related to the Business of the Local
Country JV Entities.  The Parties will return all Proprietary
Information of the Disclosing Party upon the earlier of a request by the
Disclosing Party or upon termination of this Master Agreement, unless otherwise
agreed in writing by the Disclosing Party (in its sole discretion).

     

     

    3.           No
Recipient may reproduce, disclose or use Proprietary Information of the
Disclosing Party except (i) as necessary to perform its obligations under this
Master Agreement or with respect to Customer Contracts, or (ii) as otherwise
authorized in writing by the Disclosing Party (in its sole
discretion).

     

     

    4.           If
a Recipient receives a subpoena or other validly issued administrative or
judicial process requesting Proprietary Information of the Disclosing Party or
Proprietary Information of a Customer which the Recipient has received from the
Disclosing Party, the Recipient will provide prompt written notice to the other
Party of such subpoena or other process.  The Party in receipt of
process will thereafter be entitled to comply with such process to the extent
permitted by law, so long as such Party uses good faith efforts to assist the
Disclosing Party in obtaining a protective order or other applicable protection
for such Proprietary Information.

     

     

    5.           The
limitations on reproduction, disclosure, or use of Proprietary Information will
not apply to, and no party will be liable for, reproduction, disclosure, or use
of Proprietary Information of the other if:

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    5.1           Prior
to the receipt of the Proprietary Information under this Master Agreement, the
information was developed independently by the Recipient, or was lawfully
received from other sources without an obligation of confidence, including the
Customer; or

     

     

    5.2           Subsequent
to receipt of the Proprietary Information under this Master Agreement, the
information (i) is published or otherwise disclosed to others by the Disclosing
Party without restriction, (ii) has been lawfully obtained from other sources by
the Recipient, (iii) otherwise comes within the public knowledge or becomes
generally known to the public without breach of this Agreement, or (iv) is
independently developed by the Recipient.

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

     

    EXHIBIT
F

     

     

    TO MASTER JOINT VENTURE
AGREEMENT

     

     

    

     

     

    FORM OF TRADEMARK
LICENSE

     

     

    

     

     

    [Attached]

     

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

     

    COMVERGE,
INC.

     

    

     

    TRADEMARK
LICENSE AGREEMENT

     

    

    

    This Trademark License Agreement (the
“Agreement”), effective as of _____________, 2010, is by and between COMVERGE,
INC., a Delaware corporation (“Comverge”) and PROJECTS INTERNATIONAL, INC., a
District of Columbia corporation (“Licensee”).

    

    BACKGROUND

    

    

    COMVERGE and Licensee have entered into
a Joint Venture Master Agreement, dated as of the date of this Agreement (the
“Master
Agreement”).  Under the Master Agreement, COMVERGE and Licensee
have agreed to identify and jointly pursue Projects to provide demand response,
smartgrid and energy efficiency projects to customers in the Territory (as
defined in the Master Agreement).

    

    COMVERGE is the owner by reason of
applications and registrations thereof and the extensive use of various service
marks, trademarks, company names, trade names, trade dress, and trading styles,
as shown in Schedule
A (the “COMVERGE
Marks”).

    

    Licensee
desires to use the COMVERGE Marks in the conduct of the Business contemplated
under the Master Agreement (the “Licensed
Activities”).  Under the terms of the Master Agreement,
COMVERGE agreed to provide to Licensee the license rights with respect to the
COMVERGE Marks necessary to permit the conduct of the Business.

    

    Capitalized
terms used in this Agreement without definition have the meaning specified in
the Master Agreement.

    

    For and
in consideration of the mutual promises, covenants and obligations set forth in
this Agreement and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the Parties agree as
follows:

    

    
      	
              1.  

            	
              COMVERGE
      hereby grants to the Licensee a non-exclusive, non-assignable,
      sublicensable, royalty-free license to use the COMVERGE Marks in the
      Territory solely in connection with the Licensed
      Activities.  “Territory” has the meaning specified in the Master
      Agreement.  This Agreement will continue in effect with respect
      to each of the Country Groups within the Territory for the period
      specified in Section 11 of the Master Agreement.   If a
      country is removed from the Territory in accordance with the provisions of
      the Master Agreement, then that country will automatically be deemed
      removed from the Territory under this
Agreement.

            

    

    

    
      	
              2.  

            	
              Licensee
      shall have the right to sublicense the COMVERGE Marks, which sublicense
      shall be subject to the terms and provisions of this Agreement, in
      accordance with the terms contained in this Agreement.  For any
      sublicense of the COMVERGE Marks, Licensee shall be responsible for
      ensuring that the sublicensee has confirmed in writing its acceptance of
      and agreement to comply with the terms of this Agreement prior to any use
      of the COMVERGE Marks by a sublicensee.  Any such sublicense
      will be subject to the prior written approval of COMVERGE, in its sole
      discretion.

            

    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              3.  

            	
              Licensee
      hereby acknowledges that COMVERGE is authorized to license the COMVERGE
      Marks, and that Licensee has not acquired any ownership interest in the
      COMVERGE Marks and will not acquire any ownership interests in the
      COMVERGE Marks by reason of this Agreement.  All use of the
      COMVERGE Marks by Licensee or its sublicensees shall be solely for the
      benefit of COMVERGE, and the goodwill accrued to Licensee or its
      sublicensees arising from use of the COMVERGE Marks shall accrue solely to
      COMVERGE.

            

    

    

    
      	
              4.  

            	
              Licensee
      shall not perform any act, and shall use its best efforts not to permit
      any act to be done, that would or may impair the rights of COMVERGE in and
      to the COMVERGE Marks or jeopardize or invalidate any registration or any
      application for registration of the COMVERGE Marks by COMVERGE, nor
      perform any act that may assist or give rise to an application to remove
      any of the COMVERGE Marks from the Register or that may prejudice the
      right or title of COMVERGE to any of the COMVERGE
  Marks.

            

    

    

    
      	
              5.  

            	
              Licensee
      agrees that it shall use the COMVERGE Marks without alteration or
      modification.  Licensee shall use the COMVERGE Marks in
      connection with the Licensed Activities in accordance with the
      instructions of COMVERGE and shall use the COMVERGE Marks with uniform
      quality which is satisfactory to COMVERGE or as specified by
      COMVERGE.  Licensee shall permit authorized representatives of
      COMVERGE to inspect and examine, during business hours upon reasonable
      notice, the offices and facilities of Licensee to review any items and
      advertisements bearing the COMVERGE Marks, at any time, so as to determine
      whether Licensee is conducting the Licensed Activities under the COMVERGE
      Marks consistent with the quality standards and specifications promulgated
      by COMVERGE.  COMVERGE may request samples of the items and
      advertisements at least on an annual basis (or more frequently, as
      determined by COMVERGE), and Licensee agrees to provide such samples to
      COMVERGE.  COMVERGE shall advise Licensee of any discrepancies
      in quality or adherence to specifications, and Licensee, upon receipt of
      such notification, hereby agrees to promptly correct any discrepancies to
      the satisfaction of COMVERGE.  Licensee shall bear the
      reasonable costs of such inspection or as mutually agreed upon by the
      parties hereto.

            

    

    

    
      	
              6.  

            	
              Trademark
      Usage

            

    

    

    
      	
              A.  

            	
              Licensee
      shall furnish to COMVERGE annually (or more frequently if requested by
      COMVERGE), a list of all sublicensees.  Such list shall include
      the name and address of each
sublicense.

            

    

    

    
      	
              B.  

            	
              Licensee
      shall use the COMVERGE Marks in strict accordance with the latest version
      of the COMVERGE Branding Guidelines provided by COMVERGE, a copy of which
      Licensee acknowledges receipt.

            

    

    

    
      	
              C.  

            	
              Upon
      termination of this Agreement, or upon transfer of any branded property to
      a third party for any reason (sale, destruction, grant), all
      COMVERGE-branded property must be fully neutralized of the COMVERGE brand,
      whereby Licensee must destroy all COMVERGE decals and other
      lettering.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              7.  

            	
              Licensee
      agrees and acknowledges that it will not adopt, use, or register any
      domain name, trademark, service mark, certification mark or other
      designation similar to, or containing in whole or in part, the COMVERGE
      Marks.  COMVERGE shall have the sole right to and in its sole
      discretion may commence, prosecute or defend and control any action
      concerning the COMVERGE Marks.

            

    

    

    
      	
              8.  

            	
              Licensee
      agrees that it shall use its best efforts to monitor the use of the
      COMVERGE Marks by its sublicensees.  Licensee shall provide
      written notice to COMVERGE of any violation of this Agreement by a
      sublicensee within ten (10) Business Days of discovery of such
      violation.  Licensee shall take all reasonable steps to require
      its sublicensees to cease and desist any use of COMVERGE Marks that
      violates this Agreement.  If Licensee is not able to remedy the
      violation of this Agreement within one (1) month of the discovery of such
      violation, COMVERGE shall have the right to take any legal enforcement
      action it deems necessary to remedy the violation of this Agreement, and
      Licensee agrees to terminate the sublicense agreement with the offending
      sublicensee immediately.

            

    

    

    
      	
              9.  

            	
              Licensee
      shall provide written notice to COMVERGE of any infringement of the
      COMVERGE Marks by any party of which Licensee becomes
    aware.

            

    

    

    
      	
              10.  

            	
              COMVERGE
      may terminate this Agreement at any time, upon thirty (30) days’ notice to
      the Licensee.  In addition, if COMVERGE in its sole discretion
      believes that the COMVERGE Marks are being improperly used by Licensee,
      COMVERGE may immediately terminate this
  Agreement.

            

    

    

    
      	
              11.  

            	
              Upon
      the expiration or termination of this Agreement for any reason whatsoever
      Licensee shall notify its sublicensees and both Licensee and sublicensees
      shall immediately cease any use of the COMVERGE Marks, or any depiction
      thereof, in any form and for any purpose whatsoever and shall immediately
      return to COMVERGE any advertising, promotional or printed materials
      bearing any the COMVERGE Marks.

            

    

    

    
      	
              12.  

            	
              COMVERGE
      shall not be liable to Licensee or its sublicensees for damages, losses or
      expenses of any kind caused by or related to the non-renewal or
      termination of this Agreement, including (i) loss of prospective profits
      and (ii) expenses, investments and commitments incurred in connection with
      this Agreement.

            

    

    

    
      	
              13.  

            	
              In
      the event of termination or non-renewal for any reason of this Agreement,
      Licensee shall cooperate fully with COMVERGE and shall not prevent or
      attempt to prevent or otherwise impede (whether through action or
      inaction) COMVERGE from operating in the Territory itself or through any
      other entity, or entering into a relationship, and working with, an entity
      other than Licensee or its sublicensees.  Licensee and its
      sublicensees shall not prevent or attempt to prevent any new service
      provider, distributor, or partner of COMVERGE from using any of the
      COMVERGE Marks or registering itself as a licensee of the COMVERGE
      Marks.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              14.  

            	
              The
      Parties agree that all questions as to validity, construction and
      performance of this Agreement shall be governed by the laws of the United
      States of America and the laws of the State of Delaware, applicable to
      contracts wholly to be performed in said state.  Subject to the
      terms of this section, the Parties further agree that all disputes which
      may arise under, out of or in connection with or in relation to this
      Agreement, which cannot be resolved by negotiation between the parties,
      shall be resolved in accordance with the provisions of Section 27 of the
      Master Agreement.

            

    

    

    
      	
              15.  

            	
              COMVERGE
      and Licensee shall execute and do, and shall procure all other necessary
      persons to execute and do, all documents, acts and things as may be
      necessary or desirable for giving effect to this
  Agreement.

            

    

    

    
      	
              16.  

            	
              Nothing
      herein contained shall be construed to place COMVERGE and Licensee in a
      relationship as partners, joint venturers, employer and employee, or
      principal and agent respectively, and Licensee shall have no power to
      obligate or bind COMVERGE in any manner
  whatsoever.

            

    

    

    
      	
              17.  

            	
              Licensee
      shall have no right to make an assignment of this Agreement unless such
      assignment shall first be approved in writing by COMVERGE, in its sole
      discretion.  If any transfer of Licensee’s interest in this
      Agreement shall be made by sale of any part of Licensee’s business or
      assets or by execution or similar legal process, or if a petition is filed
      by or against Licensee to adjudicate Licensee a bankrupt or insolvent
      under the law, or if a receiver or trustee is appointed for the Licensee’s
      business or assets, or if a petition is filed by or against Licensee under
      any provision of law for a corporate reorganization or any arrangement
      with Licensee's creditors, or if in any manner the interest of Licensee
      under this Agreement shall pass to another by the operation of law, then,
      in any of said events Licensee shall be deemed to have committed a
      material breach of this Agreement and this Agreement shall terminate
      automatically.

            

    

    

    
      	
              18.  

            	
              Any
      notices or other communications required to be given by either Party
      pursuant to this Agreement must be in writing and shall be considered to
      have been given (i) when received if personally delivered, (ii) on the
      date of transmission if sent by facsimile and confirmed by telephone and
      by electronic facsimile confirmation, or (iii) the next Business Day if
      sent via nationally recognized commercial delivery
  service.

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              A.  

            	
              For
      the purpose of notices, the addresses of the Parties are as
      follows:

            

    

     

    

     

     

    Comverge:

     

    Comverge, Inc.

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  Chief
Financial Officer

     

    

     

    with a
copy to :

    

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  General
Counsel

    

    and

    

    King
& Spalding LLP

    1180
Peachtree Street

    Atlanta,
Georgia 30309

    Attention:
William G. Roche

    

    Licensee :

    Projects International,
Inc.

    888
17th
Street NW

    Suite
1250

    Washington,
D.C. 20006

    Attention:
Chief Financial Officer

    

    

    or to
another person or address as either COMVERGE or Licensee may designate for
itself by notice given to the other Party in the manner described
above.

    

    
      	
              19.  

            	
              Amendments
      to this Agreement or its Schedule may be made only by a written agreement
      and signed by each of the Parties.

            

    

    

    
      	
              20.  

            	
              The
      invalidity of any provision of this Agreement shall not affect the
      validity of any other provision of this
  Agreement.

            

    

    

    
      	
              21.  

            	
              This
      Agreement and the Schedule attached hereto constitute the entire contract
      between the Parties with respect to the subject matter of this Agreement
      and supersede all previous oral and written agreements, contracts,
      understandings, and communications of the Parties in respect of the
      subject matter of this Agreement. The headings to Articles are for ease of
      reference only and shall have no legal effect.  As used in this
      Agreement, “including” means, in each instance, “including without
      limitation”.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	
              22.  

            	
              Failure
      or delay on the part of either Party to exercise any right, power, or
      privilege under this Agreement shall not operate as a waiver thereof, nor
      shall any single or partial exercise of any right, power, or privilege
      preclude exercise of any other right, power, or
  privilege.

            

    

    

    
      	
              23.  

            	
              If
      any provisions of this Agreement are determined to be illegal or
      unenforceable in any respect, the Parties will use good faith efforts to
      agree upon the modifications to be made to this Agreement; provided,
      however, that if the Parties shall fail to agree, then this Agreement
      shall be considered divisible as to such provision, which shall be
      inoperative, and the validity, legality and enforceability of the
      remaining provisions shall not in any way be affected or impaired
      thereby.

            

    

    

    IN
WITNESS WHEREOF, the Parties have caused their duly authorized officers to
execute this Agreement on the dates indicated below.

    

    

    COMVERGE,
INC.

    

    

    By:                                                      

    

    Name:                                                      

    

    Title:                                                      

    

    Dated:                                                      

    

    [NOTARY]

    

    

    PROJECTS
INTERNATIONAL, INC.

    

    

    By:                                                      

    

    Name:                                                      

    

    Title:                                                      

    

    Dated:                                                      

    

    

    [NOTARY]

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SCHEDULE
A

    

    COMVERGE
MARKS

    

    [List the
marks to be licensed]exhibit10_2.htm

    Exhibit
10.2

    COMVERGE,
INC.

     

    

    TRADEMARK
LICENSE AGREEMENT

     

    

    

    This Trademark License Agreement (the
“Agreement”), effective as of June 11, 2010, is by and between COMVERGE, INC., a
Delaware corporation (“Comverge”) and PROJECTS INTERNATIONAL, INC., a District
of Columbia corporation (“Licensee”).

    

    BACKGROUND

    

    

    COMVERGE and Licensee have entered into
a Joint Venture Master Agreement, dated as of the date of this Agreement (the
“Master
Agreement”).  Under the Master Agreement, COMVERGE and Licensee
have agreed to identify and jointly pursue Projects to provide demand response,
smartgrid and energy efficiency projects to customers in the Territory (as
defined in the Master Agreement).

    

    COMVERGE is the owner by reason of
applications and registrations thereof and the extensive use of various service
marks, trademarks, company names, trade names, trade dress, and trading styles,
as shown in Schedule
A (the “COMVERGE
Marks”).

    

    Licensee
desires to use the COMVERGE Marks in the conduct of the Business contemplated
under the Master Agreement (the “Licensed
Activities”).  Under the terms of the Master Agreement,
COMVERGE agreed to provide to Licensee the license rights with respect to the
COMVERGE Marks necessary to permit the conduct of the Business.

    

    Capitalized
terms used in this Agreement without definition have the meaning specified in
the Master Agreement.

    

    For and
in consideration of the mutual promises, covenants and obligations set forth in
this Agreement and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the Parties agree as
follows:

    

    
      	
              1.  

            	
              COMVERGE
      hereby grants to the Licensee a non-exclusive, non-assignable,
      sublicensable, royalty-free license to use the COMVERGE Marks in the
      Territory solely in connection with the Licensed
      Activities.  “Territory” has the meaning specified in the Master
      Agreement.  This Agreement will continue in effect with respect
      to each of the Country Groups within the Territory for the period
      specified in Section 11 of the Master Agreement.   If a
      country is removed from the Territory in accordance with the provisions of
      the Master Agreement, then that country will automatically be deemed
      removed from the Territory under this
Agreement.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	
              2.  

            	
              Licensee
      shall have the right to sublicense the COMVERGE Marks, which sublicense
      shall be subject to the terms and provisions of this Agreement, in
      accordance with the terms contained in this Agreement.  For any
      sublicense of the COMVERGE Marks, Licensee shall be responsible for
      ensuring that the sublicensee has confirmed in writing its acceptance of
      and agreement to comply with the terms of this Agreement prior to any use
      of the COMVERGE Marks by a sublicensee.  Any such sublicense
      will be subject to the prior written approval of COMVERGE, in its sole
      discretion.

            

    

    

    
      	
              3.  

            	
              Licensee
      hereby acknowledges that COMVERGE is authorized to license the COMVERGE
      Marks, and that Licensee has not acquired any ownership interest in the
      COMVERGE Marks and will not acquire any ownership interests in the
      COMVERGE Marks by reason of this Agreement.  All use of the
      COMVERGE Marks by Licensee or its sublicensees shall be solely for the
      benefit of COMVERGE, and the goodwill accrued to Licensee or its
      sublicensees arising from use of the COMVERGE Marks shall accrue solely to
      COMVERGE.

            

    

    

    
      	
              4.  

            	
              Licensee
      shall not perform any act, and shall use its best efforts not to permit
      any act to be done, that would or may impair the rights of COMVERGE in and
      to the COMVERGE Marks or jeopardize or invalidate any registration or any
      application for registration of the COMVERGE Marks by COMVERGE, nor
      perform any act that may assist or give rise to an application to remove
      any of the COMVERGE Marks from the Register or that may prejudice the
      right or title of COMVERGE to any of the COMVERGE
  Marks.

            

    

    

    
      	
              5.  

            	
              Licensee
      agrees that it shall use the COMVERGE Marks without alteration or
      modification.  Licensee shall use the COMVERGE Marks in
      connection with the Licensed Activities in accordance with the
      instructions of COMVERGE and shall use the COMVERGE Marks with uniform
      quality which is satisfactory to COMVERGE or as specified by
      COMVERGE.  Licensee shall permit authorized representatives of
      COMVERGE to inspect and examine, during business hours upon reasonable
      notice, the offices and facilities of Licensee to review any items and
      advertisements bearing the COMVERGE Marks, at any time, so as to determine
      whether Licensee is conducting the Licensed Activities under the COMVERGE
      Marks consistent with the quality standards and specifications promulgated
      by COMVERGE.  COMVERGE may request samples of the items and
      advertisements at least on an annual basis (or more frequently, as
      determined by COMVERGE), and Licensee agrees to provide such samples to
      COMVERGE.  COMVERGE shall advise Licensee of any discrepancies
      in quality or adherence to specifications, and Licensee, upon receipt of
      such notification, hereby agrees to promptly correct any discrepancies to
      the satisfaction of COMVERGE.  Licensee shall bear the
      reasonable costs of such inspection or as mutually agreed upon by the
      parties hereto.

            

    

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              6.  

            	
              Trademark
      Usage

            

    

    

    
      	
              A.  

            	
              Licensee
      shall furnish to COMVERGE annually (or more frequently if requested by
      COMVERGE), a list of all sublicensees.  Such list shall include
      the name and address of each
sublicense.

            

    

    

    
      	
              B.  

            	
              Licensee
      shall use the COMVERGE Marks in strict accordance with the latest version
      of the COMVERGE Branding Guidelines provided by COMVERGE, a copy of which
      Licensee acknowledges receipt.

            

    

    

    
      	
              C.  

            	
              Upon
      termination of this Agreement, or upon transfer of any branded property to
      a third party for any reason (sale, destruction, grant), all
      COMVERGE-branded property must be fully neutralized of the COMVERGE brand,
      whereby Licensee must destroy all COMVERGE decals and other
      lettering.

            

    

    

    
      	
              7.  

            	
              Licensee
      agrees and acknowledges that it will not adopt, use, or register any
      domain name, trademark, service mark, certification mark or other
      designation similar to, or containing in whole or in part, the COMVERGE
      Marks.  COMVERGE shall have the sole right to and in its sole
      discretion may commence, prosecute or defend and control any action
      concerning the COMVERGE Marks.

            

    

    

    
      	
              8.  

            	
              Licensee
      agrees that it shall use its best efforts to monitor the use of the
      COMVERGE Marks by its sublicensees.  Licensee shall provide
      written notice to COMVERGE of any violation of this Agreement by a
      sublicensee within ten (10) Business Days of discovery of such
      violation.  Licensee shall take all reasonable steps to require
      its sublicensees to cease and desist any use of COMVERGE Marks that
      violates this Agreement.  If Licensee is not able to remedy the
      violation of this Agreement within one (1) month of the discovery of such
      violation, COMVERGE shall have the right to take any legal enforcement
      action it deems necessary to remedy the violation of this Agreement, and
      Licensee agrees to terminate the sublicense agreement with the offending
      sublicensee immediately.

            

    

    

    
      	
              9.  

            	
              Licensee
      shall provide written notice to COMVERGE of any infringement of the
      COMVERGE Marks by any party of which Licensee becomes
    aware.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              10.  

            	
              COMVERGE
      may terminate this Agreement at any time, upon thirty (30) days’ notice to
      the Licensee.  In addition, if COMVERGE in its sole discretion
      believes that the COMVERGE Marks are being improperly used by Licensee,
      COMVERGE may immediately terminate this
  Agreement.

            

    

    

    
      	
              11.  

            	
              Upon
      the expiration or termination of this Agreement for any reason whatsoever
      Licensee shall notify its sublicensees and both Licensee and sublicensees
      shall immediately cease any use of the COMVERGE Marks, or any depiction
      thereof, in any form and for any purpose whatsoever and shall immediately
      return to COMVERGE any advertising, promotional or printed materials
      bearing any the COMVERGE Marks.

            

    

    

    
      	
              12.  

            	
              COMVERGE
      shall not be liable to Licensee or its sublicensees for damages, losses or
      expenses of any kind caused by or related to the non-renewal or
      termination of this Agreement, including (i) loss of prospective profits
      and (ii) expenses, investments and commitments incurred in connection with
      this Agreement.

            

    

    

    
      	
              13.  

            	
              In
      the event of termination or non-renewal for any reason of this Agreement,
      Licensee shall cooperate fully with COMVERGE and shall not prevent or
      attempt to prevent or otherwise impede (whether through action or
      inaction) COMVERGE from operating in the Territory itself or through any
      other entity, or entering into a relationship, and working with, an entity
      other than Licensee or its sublicensees.  Licensee and its
      sublicensees shall not prevent or attempt to prevent any new service
      provider, distributor, or partner of COMVERGE from using any of the
      COMVERGE Marks or registering itself as a licensee of the COMVERGE
      Marks.

            

    

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              14.  

            	
              The
      Parties agree that all questions as to validity, construction and
      performance of this Agreement shall be governed by the laws of the United
      States of America and the laws of the State of Delaware, applicable to
      contracts wholly to be performed in said state.  Subject to the
      terms of this section, the Parties further agree that all disputes which
      may arise under, out of or in connection with or in relation to this
      Agreement, which cannot be resolved by negotiation between the parties,
      shall be resolved in accordance with the provisions of Section 27 of the
      Master Agreement.

            

    

    

    
      	
              15.  

            	
              COMVERGE
      and Licensee shall execute and do, and shall procure all other necessary
      persons to execute and do, all documents, acts and things as may be
      necessary or desirable for giving effect to this
  Agreement.

            

    

    

    
      	
              16.  

            	
              Nothing
      herein contained shall be construed to place COMVERGE and Licensee in a
      relationship as partners, joint venturers, employer and employee, or
      principal and agent respectively, and Licensee shall have no power to
      obligate or bind COMVERGE in any manner
  whatsoever.

            

    

    

    
      	
              17.  

            	
              Licensee
      shall have no right to make an assignment of this Agreement unless such
      assignment shall first be approved in writing by COMVERGE, in its sole
      discretion.  If any transfer of Licensee’s interest in this
      Agreement shall be made by sale of any part of Licensee’s business or
      assets or by execution or similar legal process, or if a petition is filed
      by or against Licensee to adjudicate Licensee a bankrupt or insolvent
      under the law, or if a receiver or trustee is appointed for the Licensee’s
      business or assets, or if a petition is filed by or against Licensee under
      any provision of law for a corporate reorganization or any arrangement
      with Licensee's creditors, or if in any manner the interest of Licensee
      under this Agreement shall pass to another by the operation of law, then,
      in any of said events Licensee shall be deemed to have committed a
      material breach of this Agreement and this Agreement shall terminate
      automatically.

            

    

    

    
      	
              18.  

            	
              Any
      notices or other communications required to be given by either Party
      pursuant to this Agreement must be in writing and shall be considered to
      have been given (i) when received if personally delivered, (ii) on the
      date of transmission if sent by facsimile and confirmed by telephone and
      by electronic facsimile confirmation, or (iii) the next Business Day if
      sent via nationally recognized commercial delivery
  service.

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              A.  

            	
              For
      the purpose of notices, the addresses of the Parties are as
      follows:

            

    

    

     

    Comverge:

     

    Comverge, Inc.

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  Chief
Financial Officer

    

     

    with a
copy to :

    

    5390
Triangle Parkway

    Suite
300

    Norcross,
Georgia 30092

    Attention:  General
Counsel

    

    and

    

    King
& Spalding LLP

    1180
Peachtree Street

    Atlanta,
Georgia 30309

    Attention:
William G. Roche

    

    Licensee :

    Projects International,
Inc.

    888
17th
Street NW

    Suite
1250

    Washington,
D.C. 20006

    Attention:
Chief Financial Officer

    

    

    or to
another person or address as either COMVERGE or Licensee may designate for
itself by notice given to the other Party in the manner described
above.

    

    
      	
              19.  

            	
              Amendments
      to this Agreement or its Schedule may be made only by a written agreement
      and signed by each of the Parties.

            

    

    

    
      	
              20.  

            	
              The
      invalidity of any provision of this Agreement shall not affect the
      validity of any other provision of this
  Agreement.

            

    

    

    
      	
              21.  

            	
              This
      Agreement and the Schedule attached hereto constitute the entire contract
      between the Parties with respect to the subject matter of this Agreement
      and supersede all previous oral and written agreements, contracts,
      understandings, and communications of the Parties in respect of the
      subject matter of this Agreement. The headings to Articles are for ease of
      reference only and shall have no legal effect.  As used in this
      Agreement, “including” means, in each instance, “including without
      limitation”.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              22.  

            	
              Failure
      or delay on the part of either Party to exercise any right, power, or
      privilege under this Agreement shall not operate as a waiver thereof, nor
      shall any single or partial exercise of any right, power, or privilege
      preclude exercise of any other right, power, or
  privilege.

            

    

    

    
      	
              23.  

            	
              If
      any provisions of this Agreement are determined to be illegal or
      unenforceable in any respect, the Parties will use good faith efforts to
      agree upon the modifications to be made to this Agreement; provided,
      however, that if the Parties shall fail to agree, then this Agreement
      shall be considered divisible as to such provision, which shall be
      inoperative, and the validity, legality and enforceability of the
      remaining provisions shall not in any way be affected or impaired
      thereby.

            

    

    

    IN
WITNESS WHEREOF, the Parties have caused their duly authorized officers to
execute this Agreement on the dates indicated below.

    

    COMVERGE,
INC.

    

    By:  /s/ Michael
Picchi

    

    Name:   Michael
Picchi

    

    Title:
EVP-CFO

    

    Dated:
June 11,
2010

    

    [NOTARY]

    

    PROJECTS
INTERNATIONAL, INC.

    

    By:  /s/ Peter
Young

    

    Name:
Peter
Young

    

    Title:
President

    

    Dated:
6/11/10

    

    [NOTARY]                                           District
of Columbia: SS

    [NOTARY
STAMP]                                                                Subscribed
and Sworn to before me, in my presence,

    This 11th day of June,
2010

      /s/ Wanda P.
Cross

    Wanda P. Cross, Notary Public,
D.C.

    My Commission Expires
5-14-2013

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    SCHEDULE
A

    

    COMVERGE
MARKS

    

    COMVERGE

    

    APOLLO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]