Document:

Optional Secondary Sale  Agreement between ICx Technologies, Inc and Wexford

 Exhibit 4.3 
 OPTIONAL SECONDARY SALE AGREEMENT 
 This
Optional Secondary Sale Agreement dated as of this 22nd day of October, 2007 (this “Agreement”) is between Wexford Capital LLC, a Delaware
limited liability company (“Wexford”) and ICx Technologies, Inc., a Delaware corporation (the “Company”). 
 WITNESSETH 
 WHEREAS, Wexford is the manager or investment manager of DP1 LLC, Valentis SB, L.P., Wexford Spectrum Investors
LLC, Wexford Catalyst Investors LLC and Debello Investors LLC (the “Wexford Entities”); 
 WHEREAS, the Wexford Entities own or
have the right to acquire shares of the Company’s Series A Preferred Stock (the “Preferred Stock”) and shares of the Company’s Common Stock (the “Common Stock”) constituting a majority of the Preferred Stock, as a
single class, and a majority of the Common Stock and Preferred Stock on an as-converted basis; 
 WHEREAS, the Wexford Entities have the
right to cause the conversion of shares of Preferred Stock into shares of the Company’s Common Stock (the “Common Stock”) but are not required to do so unless the Company completes a Qualified IPO (as defined in the Company’s
Certificate of Incorporation, as amended through the date hereof); 
 WHEREAS, in order to carry out the Company’s currently proposed
initial public offering as contemplated pursuant to the Company’s registration statement on Form S-1, as amended through the date hereof (the “IPO”) the Company has required that all shares of Preferred Stock be converted into shares
of Common Stock; 
 WHEREAS, the terms of the IPO may fail to meet the definition of a Qualified IPO and absent a Qualified IPO Wexford has
the legal right to demand additional consideration in exchange for agreeing to convert shares of Preferred Stock into shares of Common Stock on a 1-for-1 basis; 
 WHEREAS, the Company believes it is in the best interests of the Company and all shareholders to induce Wexford to cause such conversion without any further payment to the holders of Preferred Stock and without any
further dilution of the holders of Common Stock; 
 WHEREAS, the underwriters of the IPO (the “Underwriters”) have been granted a
30-day option to purchase additional shares of Common Stock from the Company or certain eligible shareholders (the “Over-allotment Option”); 
 NOW THEREFORE, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the parties agree as follows: 

	1.	Wexford’s Right to Sell. Subject to the terms and conditions of this Agreement, the Company hereby authorizes the Wexford Entities, at their option, to sell any number
of shares of Common Stock in the aggregate not exceeding the Over-allotment Amount at the public offering price less underwriting discounts and commissions to the underwriters for resale in connection with the IPO. Wexford and its affiliates shall,
in their sole discretion, determine the allocation of shares sold pursuant hereto by each Wexford Entity. The Wexford Entities shall determine whether or not to sell any of their shares in the IPO within 24 hours of the underwriters’ decision
to exercise their Over-allotment option. 

  

	2.	Conditions to Effectiveness. The effectiveness of the foregoing option to sell shares of Common Stock to the underwriters shall be subject to the express conditions precedent
that: 

  

	 	a.	Approval. The transactions contemplated by this Agreement shall have been approved by all requisite action on behalf of the Corporation by the Corporation’s Board of
Directors or any committee thereof having requisite authority; and 

  

	 	b.	Conversion of Preferred Stock. All shares of Preferred Stock shall have been converted into shares of Common Stock on a 1-for-1 basis without additional payment to the
holders thereof; and 

  

	 	c.	Irrevocable Written Commitment. One or more of the Wexford Entities shall have irrevocably committed in writing to sell to the underwriters such shares as are intended to be
sold pursuant to this Agreement; and 

  

	 	d.	Underwriter’s Option. The underwriters shall have elected to exercise their option to purchase additional shares from the Company pursuant to the Over-allotment Option.

  

	3.	Effect of this Agreement. Shares sold by the Wexford Entities to the underwriters in connection herewith shall be sol in lieu of an equal number of shares that would
otherwise have been sold by the Company to the underwriters pursuant to the Over-allotment Option. 

  

	4.	Definition. The “Over-allotment Amount” shall mean the number of shares, if any, to be sold pursuant to the Over-allotment Option to the underwriters of the IPO.

  

	5.	Amendment. This Agreement may be amended solely by a duly executed written instrument expressly referring to this Agreement and signed on behalf of the party against
whom enforcement is sought. 

	6.	Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement and shall become effective when one or
more counterparts have been signed by each of the parties and delivered to each of the other parties, it being understood that all parties need not sign the same counterpart. 

  

	7.	Entire Agreement; Assignment. This Agreement: (i) constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all
prior agreements and understandings both written and oral, among the parties with respect to the subject matter hereof, (ii) is not intended to confer upon any other person any rights or remedies hereunder, and (iii) shall not be assigned
by operation of law or otherwise, except that Wexford may assign its rights hereunder to any of its affiliates. 

  

	8.	Governing Law; Exclusive Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, regardless of the laws
that might otherwise govern under applicable principles of conflicts of laws thereof. Each of the parties hereto irrevocably consents to the exclusive jurisdiction and venue of any court within the State of Delaware, in connection with any matter
based upon or arising out of this Agreement or the matters contemplated herein, agrees that process may be served upon them in any manner authorized by the laws of the State of Delaware for such persons and waives and covenants not to assert or
plead any objection which they might otherwise have to such jurisdiction, venue and such process. Each party agrees not to commence any legal proceedings related hereto except in such courts. 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered by their duly authorized representatives as of the date first
written above. 
  

			
	WEXFORD CAPITAL LLC
	
	 /s/ Arthur Amron

	Name:	 	Arthur Amron
	Title:	 	Partner and General Counsel
	
	ICx TECHNOLOGIES, INC.
	
	 

	Name:	 	Daniel T. Mongan
	Title:	 	Vice PresidentPromissory Note

 Exhibit 4.4 
 PROMISSORY NOTE 
 THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED. NEITHER THIS NOTE NOR ANY INTEREST THEREIN MAY BE REOFFERED OR SOLD IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE NOTE UNDER SAID ACT OR EVIDENCE SATISFACTORY TO ICX TECHNOLOGIES, INC. THAT SUCH REGISTRATION IS NOT
REQUIRED. 
  

	 $7,000,000.00 
	 September 28, 2007 

 FOR VALUE RECEIVED, ICx Technologies, Inc., a Delaware corporation (“Borrower”), promises to pay to DP1 LLC, a Delaware limited liability company (“Lender”), the amount of Seven
Million Dollars ($7,000,000.00) as hereinafter provided. All amounts shall be payable in money of the United States of America lawful at such time for the payment of public and private debts. 
 Payment of Principal. The remaining outstanding amount of this Note shall be paid in one
installment payable on the ninetieth (90th) day following the date hereof (or if such date is not a business day, the next following business day) (the
“Repayment Date”). 
 Payment of Interest. Interest on this note shall be payable in advance as follows:

 (i) two percent (2%) of the funds advanced, payable on the date hereof by deduction from the funds advanced; 
 (ii) two percent (2%) of the aggregate amount then outstanding pursuant to this note on October 28, 2007; and 
 (iii) two percent (2%) of the aggregate amount then outstanding pursuant to this note on November 27, 2007; 
 provided that if any such date for payment of interest shall not be a business day, the applicable payment shall be made on the next following business day. The
face amount of this Note represents an advance in the net amount of $6,860,000.00 made by the Lender to the Borrower together with the first up-front interest payment in the amount of $140,000.00 made by the Borrower. Payments of principal and
interest hereunder shall be made by wire transfer of next-day funds to the account of Lender specified below: 
 Name of Account: DP1 LLC

 Account Number: 530-195844 
 Name of Bank: J.P. Morgan Chase 
 Bank I.D. Number: 021 000 021 
 Prepayment. Amounts due pursuant to this note may be prepaid in whole or in part at any time without penalty. In the event of a prepayment, no
refund of interest already paid to the Lender shall be made. 
 IPO Proceeds. Upon the Borrower’s receipt of proceeds from an
initial public offering of its common stock substantially in accordance with the amended Form S-1 currently on file with the U.S. Securities and Exchange Commission, the Borrower shall forthwith repay all amounts then outstanding pursuant to this
Note. 

 Further Assurances. The parties hereto agree to execute and deliver all such documents,
certificates and consents as may reasonably be requested by either of them in order to carry out the intent and give effect to the purposes of this agreement. 
 Savings Clause. In the event any provisions hereof shall result, for any reason and at any time, in an effective rate of interest that exceeds the limit of the usury or any other law applicable to interest on
the indebtedness evidenced hereby, all sums in excess of those lawfully collectible as interest for the period in question shall be (a) applied, to the extent of such excess, against the unpaid principal amount evidenced hereby with the same force
and effect as though Lender had agreed to accept such extra payment(s) as a prepayment or (b) if the indebtedness has been fully paid, refunded by Lender to Borrower to the extent of such excess. 
 Successors. The provisions hereof shall be binding upon the legal representatives, successors and permitted assigns of Borrower and shall inure to
the benefit of Lender and its successors and assigns by operation of law. Borrower shall not assign any of its obligations hereunder without the prior written consent of Lender. Lender may assign this Note to any third party with the prior written
consent of Borrower, such consent not to be unreasonably withheld. 
 Amendment. The terms of this Note may be amended from time to
time only by the duly authorized and approved written agreement of Borrower and Lender which specifically states that it is intended to amend this Note. 
 No Waiver by Lender. No delay, omission or waiver on the part of Lender in exercising any right under this Note will operate as a waiver of such right or any other right of such Lender, nor will any delay,
omission, or waiver on any one occasion be deemed a bar to or waiver of the same or any other right on any future occasion. The rights and remedies of Lender are cumulative and not exclusive of any rights or remedies it would otherwise have.

 Governing Law. This Note shall be governed by and construed in accordance with the laws of the State of New York without giving
effect to the principles of conflicts of laws thereof. 
 IN WITNESS WHEREOF, Borrower has executed this Note as of the day and year first
above written. 
  

			
	ICX TECHNOLOGIES, INC.
		
	By	 	/s/ Daniel T. Mongan
	Name:	 	Daniel T. Mongan
	Title:	 	Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}]]