Document:

exv10w2

 

Exhibit 10.2

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED, AND MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT
AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL
REASONABLY SATISFACTORY TO THE CORPORATION AND ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED.

WARRANT TO PURCHASE COMMON STOCK

	 	 	 
	Corporation:
	 	Family Home Health Services Inc., a Nevada corporation
	Number of Shares:
	 	50,000
	Class of Stock:
	 	Common
	Initial Exercise Price:
	 	$1.20 per share
	Issue Date:
	 	July __, 2006
	Expiration Date:
	 	April 5, 2011

THIS WARRANT CERTIFIES THAT, for good and valuable consideration, the receipt of which is hereby
acknowledged, COMERICA BANK or its assignee (“Holder”) is entitled to purchase the number of fully
paid and nonassessable shares of the class of securities (the “Shares”) of the corporation (the
“Company”) at the initial exercise price per Share (the “Warrant Price”) all as set forth
above and as adjusted pursuant to Article 2 of this warrant, subject to the provisions and upon the
terms and conditions set forth in this warrant.

ARTICLE 1. EXERCISE.

1.1 Method of Exercise. Holder may exercise this warrant by delivering this warrant and a
duly executed Notice of Exercise in substantially the form attached hereto as Exhibit A to
the principal office of the Company. Unless Holder is exercising the conversion right set forth in
Section 1.2, Holder shall also deliver to the Company a check for the aggregate Warrant Price for
the Shares being purchased.

1.2 Conversion Right. In lieu of exercising this warrant as specified in Section 1.1,
Holder may from time to time convert this warrant, in whole or in part, into a number of Shares
determined by dividing (a) the aggregate fair market value of the Shares or other securities
otherwise issuable upon exercise of this warrant minus the aggregate Warrant Price of such Shares
by (b) the fair market value of one Share. The fair market value of the Shares shall be determined
pursuant to Section 1.3.

1.3 Fair Market Value. If the Shares are traded regularly in a public market, the fair
market value of the Shares shall be the closing price of the Shares (or the closing price of the
Company’s class of stock into which the Shares are convertible) reported for the business day
immediately before Holder delivers its Notice of Exercise to the Company. If the Shares are not
regularly traded in a public market, the Board of Directors of the Company shall determine fair
market value in its reasonable good faith judgment.

1.4 Delivery of Certificate and New Warrant. Promptly after Holder exercises or converts
this warrant, the Company shall deliver to Holder certificates for the Shares acquired and, if this
warrant has not been fully exercised or converted and has not expired, a new warrant representing
the Shares not so acquired.

Page 1 of 16

 

1.5 Replacement of Warrants. On receipt of evidence reasonably satisfactory to the Company
of the loss, theft, destruction or mutilation of this warrant and, in the case of loss, theft or
destruction, on delivery of an indemnity agreement reasonably satisfactory in form and amount to
the Company or, in the case of mutilation, on surrender and cancellation of this warrant, the
Company at its expense shall execute and deliver, in lieu of this warrant, a new warrant of like
tenor.

1.6 Repurchase on Sale, Merger, or Consolidation of the Company.

1.6.1 “Acquisition.” For the purpose of this warrant, “Acquisition” means (a) any
sale, license, or other disposition of all or substantially all of the assets (including
intellectual property) of the Company, or (b) any reorganization, consolidation, merger or
sale of the voting securities of the Company or any other transaction where the holders of
the Company’s securities before the transaction beneficially own less than 50% of the
outstanding voting securities of the surviving entity after the transaction.

1.6.2 Assumption of Warrant. If upon the closing of any Acquisition the successor
entity assumes the obligations of this warrant, then this warrant shall be exercisable for
the same securities, cash, and property as would be payable for the Shares issuable upon
exercise of the unexercised portion of this warrant as if such Shares were outstanding on
the record date for the Acquisition and subsequent closing. The Warrant Price shall be
adjusted accordingly. The Company shall use reasonable efforts to cause the surviving
corporation to assume the obligations of this warrant.

1.6.3 Nonassumption. If upon the closing of any Acquisition the successor entity
does not assume the obligations of this warrant and Holder has not otherwise exercised this
warrant in full, then Holder shall have the option either to (a) deem this warrant to have
been automatically converted pursuant to Section 1.2 and thereafter Holder shall participate
in the Acquisition on the same terms as other holders of the same class of securities of the
Company; or (b) require the Company to purchase this warrant for cash upon the closing of
the Acquisition for an amount per Share equal to the Warrant Price.

ARTICLE 2. ADJUSTMENTS TO THE SHARES.

2.1 Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on its common
stock payable in common stock, or other securities, but not cash, or subdivides the outstanding
common stock into a greater amount of common stock, then upon exercise of this warrant, for each
Share acquired, Holder shall receive, without cost to Holder, the total number and kind of
securities to which Holder would have been entitled had Holder owned the Shares of record as of the
date the dividend or subdivision occurred.

2.2 Reclassification, Exchange or Substitution. Upon any reclassification, exchange,
substitution, or other event that results in a change of the number and/or class of the securities
issuable upon exercise or conversion of this warrant, Holder shall be entitled to receive, upon
exercise or conversion of this warrant, the number and kind of securities and property that Holder
would have received for the Shares if this warrant had been exercised immediately before such
reclassification, exchange, substitution, or other event. Such an event shall include any
automatic conversion of the outstanding or issuable securities of the Company of the same class or
series as the Shares to common stock pursuant to the terms of the Company’s Articles of
Incorporation upon the closing of a registered public offering of the Company’s common stock. The
Company or its successor shall promptly issue to Holder a new warrant for such new securities or
other property. The new warrant shall provide for adjustments which shall be as nearly equivalent
as may be practicable to the adjustments provided for in this Article 2 including, without

Page 2 of 16

 

limitation, adjustments to the Warrant Price and to the number of securities or property issuable
upon exercise of the new warrant. The provisions of this Section 2.2 shall similarly apply to
successive reclassifications, exchanges, substitutions, or other events.

2.3 Adjustments for Combinations, Etc. If the outstanding Shares are combined or
consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price
shall be proportionately increased. If the outstanding Shares are combined or consolidated, by
reclassification or otherwise, into a greater number of shares, the Warrant Price shall be
proportionately decreased.

2.4 Adjustments for Diluting Issuances. The Warrant Price and the number of Shares
issuable upon exercise of this warrant shall be subject to adjustment, from time to time, in the
manner set forth on attached Exhibit B in the event of Diluting Issuances (as defined on
Exhibit B).

2.5 No Impairment. The Company shall not, by amendment of its Articles of Incorporation or
through a reorganization, transfer of assets, consolidation, merger, dissolution, issue, or sale of
securities or any other voluntary action, avoid or seek to avoid the observance or performance of
any of the terms to be observed or performed under this warrant by the Company, but shall at all
times in good faith assist in carrying out all the provisions of this Article 2 and in taking all
such action as may be necessary or appropriate to protect Holder’s rights under this Article
against impairment.

2.6 Certificate as to Adjustments. Upon each adjustment of the Warrant Price, the Company
at its expense shall promptly compute such adjustment, and furnish Holder with a certificate of its
Chief Financial Officer setting forth such adjustment and the facts upon which such adjustment is
based. The Company shall, upon written request, furnish Holder a certificate setting forth the
Warrant Price in effect upon the date thereof and the series of adjustments leading to such Warrant
Price.

2.7 Fractional Shares. No fractional Shares shall be issuable upon exercise or conversion
of the Warrant and the Number of Shares to be issued hereunder shall be rounded down to the nearest
whole Share. If a fractional share interest arises upon any exercise or conversion of the Warrant,
the Company shall eliminate such fractional share interest by paying Holder an amount computed by
multiplying the fractional interest by the fair market value of a full Share.

ARTICLE 3. REPRESENTATIONS AND COVENANTS OF THE COMPANY.

3.1 Representations and Warranties. The Company hereby represents and warrants to the
Holder as follows:

(a) The initial Warrant Price referenced on the first page of this warrant is not
greater than the fair market value of the Shares as of the date of this warrant.

(b) All Shares which may be issued upon the exercise of the purchase right
represented by this warrant, and all securities, if any, issuable upon conversion of
the Shares, shall, upon issuance, be duly authorized, validly issued, fully paid and
nonassessable, and free of any liens and encumbrances except for restrictions on
transfer provided for herein or under applicable federal and state securities laws.

(c) The Company’s capitalization table attached as Exhibit D to this warrant
is true and complete as of the Issue Date.

3.2 Notice of Certain Events. If the Company proposes at any time (a) to declare any
dividend or distribution upon its common stock, whether in cash, property, stock, or other
securities and whether or

Page 3 of 16

 

not a regular cash dividend; (b) to offer for subscription pro rata to the holders of any class or
series of its stock any additional shares of stock of any class or series or other rights; (c) to
effect any reclassification or recapitalization of common stock; or (d) to merge or consolidate
with or into any other corporation, or sell, lease, license, or convey all or substantially all of
its assets, or to liquidate, dissolve or wind up, then, in connection with each such event, the
Company shall give Holder (1) at least 20 days prior written notice of the date on which a record
will be taken for such dividend, distribution, or subscription rights (and specifying the date on
which the holders of common stock will be entitled thereto) or for determining rights to vote, if
any, in respect of the matters referred to in (a) and (b) above; and (2) in the case of the matters
referred to in (c) and (d) above at least 20 days prior written notice of the date when the same
will take place (and specifying the date on which the holders of common stock will be entitled to
exchange their common stock for securities or other property deliverable upon the occurrence of
such event).

3.3 Information Rights. So long as the Holder holds this warrant and/or any of the Shares,
the Company shall deliver to the Holder (a) promptly after mailing, copies of all communiqués to
the shareholders of the Company, (b) within ninety (90) days after the end of each fiscal year of
the Company, the annual audited financial statements of the Company certified by independent public
accountants of recognized standing and (c) within forty-five (45) days after the end of each of the
first three quarters of each fiscal year, the Company’s quarterly, unaudited financial statements.

3.4 Registration Under Securities Act of 1933, as amended. The Company agrees that the
Shares or, if the Shares are convertible into common stock of the Company, such common stock, shall
be subject to the registration rights set forth on attached Exhibit C.

ARTICLE 4. MISCELLANEOUS.

4.1 Term: Exercise Upon Expiration. This warrant is exercisable in whole or in part, at
any time and from time to time on or before the Expiration Date set forth above. If this warrant
has not been exercised prior to the Expiration Date, this warrant shall be deemed to have been
automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2.

4.2 Legends. This warrant and the Shares (and the securities issuable, directly or
indirectly, upon conversion of the Shares, if any) shall be imprinted with a legend in
substantially the following form:

THIS WARRANT AND/OR THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED
OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR
PURSUANT TO RULE 144 OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE CORPORATION AND
ITS COUNSEL THAT SUCH REGISTRATION IS NOT REQUIRED.

4.3 Compliance with Securities Laws on Transfer. This warrant and the Shares issuable upon
exercise of this warrant (and the securities issuable, directly or indirectly, upon conversion of
the Shares, if any) may not be transferred or assigned in whole or in part without compliance with
applicable federal and state securities laws by the transferor and the transferee (including,
without limitation, the delivery of investment representation letters and legal opinions reasonably
satisfactory to the Company). The Company shall not require Holder to provide an opinion of
counsel if the transfer is to an affiliate of Holder or if there is no material question as to the
availability of current information as referenced in Rule 144(c), Holder represents that it has
complied with Rule 144(d) and (e) in reasonable detail, the selling

Page 4 of 16

 

broker represents that it has complied with Rule 144(f), and the Company is provided with a copy of
Holder’s notice of proposed sale.

4.4 Transfer Procedure. Subject to compliance with the provisions of Section 4.3, Holder
may transfer all or part of this warrant or the Shares issuable upon exercise of this warrant (or
the securities issuable, directly or indirectly, upon conversion of the Shares, if any) by giving
the Company notice of the portion of the warrant being transferred setting forth the name, address
and taxpayer identification number of the transferee and surrendering this warrant to the Company
for reissuance to the transferee(s) (and Holder, if applicable); provided, however, that
Holder may transfer all or part of this warrant to its affiliates, including, without limitation,
Comerica Incorporated, at any time without notice to the Company, and such affiliate shall then be
entitled to all the rights of Holder under this warrant and any related agreements, and the Company
shall cooperate fully in ensuring that any stock issued upon exercise of this warrant is issued in
the name of the affiliate that exercises the warrant. The terms and conditions of this warrant
shall inure to the benefit of, and be binding upon, the Company and the holders hereof and their
respective permitted successors and assigns. Unless the Company is filing financial information
with the SEC pursuant to the Securities Exchange Act of 1934, as amended (“Exchange Act”), the
Company shall have the right to refuse to transfer any portion of this warrant to any person who
directly competes with the Company.

4.5 Notices. All notices and other communications from the Company to the Holder, or vice
versa, shall be deemed delivered and effective when given personally or mailed by first-class
registered or certified mail, postage prepaid, at such address as may have been furnished to the
Company or the Holder, as the case may be, in writing by the Company or such Holder from time to
time. All notices to the Holder shall be addressed as follows:

Comerica Bank

Attn: Warrant Administrator

500 Woodward Avenue, 32nd Floor, MC 3379

Detroit, MI 48226

4.6 Amendments. This warrant and any term hereof may be changed, waived, discharged or
terminated only by an instrument in writing signed by the party against which enforcement of such
change, waiver, discharge or termination is sought.

4.7 Attorneys’ Fees. In the event of any dispute between the parties concerning the terms
and provisions of this warrant, the party prevailing in such dispute shall be entitled to collect
from the other party all costs incurred in such dispute, including reasonable attorneys’ fees.

4.8 Governing Law. This warrant shall be governed by and construed in accordance with the
laws of the State of Michigan, without giving effect to its principles regarding conflicts of law.

This Warrant is executed and delivered as of the Issue Date stated above.

	 	 	 	 	 
	 	 	FAMILY HOME HEALTH SERVICES INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Kevin Ruark
	 

	 	 	 	 
	 

	 	 	 	Kevin Ruark, CEO

Page 5 of 16

 

EXHIBIT A

NOTICE OF EXERCISE

     1. The undersigned hereby elects to purchase                                          shares of the      
                                    stock
of Family Home Health Services Inc. pursuant to the terms of the attached warrant, and tenders
herewith payment of the purchase price of such shares in full.

     1. The undersigned hereby elects to convert the attached warrant into shares in the manner
specified in the warrant. This conversion is exercised with respect to                                          of the
shares covered by the warrant.

     [STRIKE PARAGRAPH THAT DOES NOT APPLY.]

     2. Please issue a certificate or certificates representing said shares in the name of the
undersigned or in such other name as is specified below:

Comerica Bank

Attn: Warrant Administrator

500 Woodward Avenue, 32nd Floor, MC 3379

Detroit, MI 48226

     3. The undersigned represents it is acquiring the shares solely for its own account and not as
a nominee for any other party and not with a view toward the resale or distribution thereof except
in compliance with applicable securities laws.

	 	 	 	 	 
	COMERICA BANK or Registered Assignee
	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	Name:

	 	 

	 	 
	Title:

	 	 

	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	Name:

	 	 

	 	 
	Title:

	 	 

	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	Date:
	 	 	 	 
	 

	 	 

	 	 

Page 6 of 16

 

EXHIBIT B

ANTI-DILUTION RIDER

(Rider to warrant for 50,000 shares of common stock of Family Home Health Services Inc.

issued on July 5, 2006 to Comerica Bank)

1. Definitions. As used in this Anti-dilution Rider, the following terms have the
following respective meanings:

     (a) “Option” means any right, option or warrant to subscribe for, purchase or
otherwise acquire common stock or Convertible Securities.

     (b) “Convertible Securities” means any evidences of indebtedness, shares of stock or
other securities directly or indirectly convertible into or exchangeable for common stock.

     (c) “Issue” means to grant, issue, sell, assume or fix a record date for determining
persons entitled to receive any security (including Options), whichever of the foregoing is the
first to occur.

     (d) “Additional Common Shares” means all common stock (including reissued shares)
Issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional
Common Shares does not include, however, any common stock Issued in a transaction described in
Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock
outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a
nonfinancing transaction to employees, officers, directors or consultants to the Company.

2. Deemed Issuance of Additional Common Shares. The shares of common stock ultimately
Issuable upon exercise of an Option (including the shares of common stock ultimately Issuable upon
conversion or exercise of a Convertible Security Issuable pursuant to an Option) are deemed to be
Issued when the Option is Issued. The shares of common stock ultimately Issuable upon conversion or
exercise of a Convertible Security (other than a Convertible Security Issued pursuant to an Option)
shall be deemed Issued upon Issuance of the Convertible Security. The maximum amount of common
stock Issuable is determined without regard to any future adjustments permitted under the
instrument creating the Options or Convertible Securities.

3. Adjustment of Warrant Price for Diluting Issuances.

          3.1 Weighted Average Adjustment. If the Company issues Additional Common Shares after
the date of the Warrant and the consideration per Additional Common Share (determined pursuant to
Section 9 of this Rider) is less than the Warrant Price in effect immediately before such Issue (a
“Diluting Issuance”), the Warrant Price in effect immediately before such Issue shall be
reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent)
determined by multiplying the Warrant Price by a fraction:

          (a) the numerator of which is the amount of common stock outstanding immediately before such
Issue plus the amount of common stock that the aggregate consideration received by Company for the
Additional Common Shares would purchase at the Warrant Price in effect immediately before such
Issue, and

          (b) the denominator of which is the amount of common stock outstanding immediately before such
Issue plus the number of such Additional Common Shares.

Page 7 of 16

 

          3.2 Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the
number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient
obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable
upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately
before such adjustment, by (b) the adjusted Warrant Price.

          3.3 Securities Deemed Outstanding. For the purpose of this Section 3, all securities
Issuable upon exercise of any outstanding Convertible Securities or Options, Warrants, or other
rights to acquire securities of the Company shall be deemed to be outstanding.

4. No Adjustment for Issuances Following Deemed Issuances. No adjustment to the Warrant
Price shall be made upon the exercise of Options or conversion of Convertible Securities.

5. Adjustment Following Changes in Terms of Options or Convertible Securities. If the
consideration payable to, or the amount of common stock Issuable by, the Company increases or
decreases, respectively, pursuant to the terms of any outstanding Options or Convertible
Securities, the Warrant Price shall be recomputed to reflect such increase or decrease. The
recomputation shall be made as of the time of the Issuance of the Options or Convertible
Securities. Any changes in the Warrant Price that occurred after such Issuance because other
Additional Common Shares were Issued or deemed Issued shall also be recomputed.

6. Recomputation Upon Expiration of Options or Convertible Securities. The Warrant Price
computed upon the original Issue of any Options or Convertible Securities, and any subsequent
adjustments based thereon, shall be recomputed when any Options or rights of conversion under
Convertible Securities expire without having been exercised. In the case of Convertible Securities
or Options for common stock, the Warrant Price shall be recomputed as if the only Additional Common
Shares Issued were the shares of common stock actually Issued upon the exercise of such securities,
if any, and as if the only consideration received therefor was the consideration actually received
upon the Issue, exercise or conversion of the Options or Convertible Securities. In the case of
Options for Convertible Securities, the Warrant Price shall be recomputed as if the only
Convertible Securities Issued were the Convertible Securities actually Issued upon the exercise
thereof, if any, and as if the only consideration received therefor was the consideration actually
received by the Company (determined pursuant to Section 9 of this Rider), if any, upon the Issue of
the Options for the Convertible Securities.

7. Limit on Readjustments. No readjustment of the Warrant Price pursuant to Sections 5 or 6
of this Rider shall increase the Warrant Price more than the amount of any decrease made in respect
of the Issue of any Options or Convertible Securities.

8. 30 Day Options. In the case of any Options that expire by their terms not more than 30
days after the date of Issue thereof, no adjustment of the Warrant Price shall be made until the
expiration or exercise of all such Options.

9. Computation of Consideration. The consideration received by the Company for the Issue of
any Additional Common Shares shall be computed as follows:

     (a) Cash shall be valued at the amount of cash received by the Corporation, excluding
amounts paid or payable for accrued interest or accrued dividends.

     (b) Property. Property, other than cash, shall be computed at the fair market value
thereof at the time of the Issue as determined in good faith by the Board of Directors of the
Company.

Page 8 of 16

 

     (c) Mixed Consideration. The consideration for Additional Common Shares Issued
together with other property of the Company for consideration that covers both shall be determined
in good faith by the Board of Directors.

     (d) Options and Convertible Securities. The consideration per Additional Common Share
for Options and Convertible Securities shall be determined by dividing:

          (i) the total amount, if any, received or receivable by the Company for the Issue of the
Options or Convertible Securities, plus the minimum amount of additional consideration (as set
forth in the instruments relating thereto, without regard to any provision contained therein for a
subsequent adjustment of such consideration) payable to the Company upon exercise of the Options or
conversion of the Convertible Securities, by

          (ii) the maximum amount of common stock (as set forth in the instruments relating thereto,
without regard to any provision contained therein for a subsequent adjustment of such number)
ultimately Issuable upon the exercise of such Options or the conversion of such Convertible
Securities.

[end of Rider]

Page 9 of 16

 

EXHIBIT C

REGISTRATION RIGHTS RIDER

(Rider to warrant for 50,000 shares of common stock of Family Home Health Services Inc.

issued on July ___, 2006 to Comerica Bank)

ARTICLE 1. Definitions. As used in this Registration Rights Rider, the following terms
have the following respective meanings:

1.1 The terms “register,” “registered,” and “registration” refer to a
registration effected by preparing and filing a registration statement or similar document in
compliance with the Securities Act of 1933, as amended (the “Securities Act”), and the declaration
or ordering of effectiveness of such registration statement or document.

1.2 The term “Registrable Securities” means (i) the Shares or all shares of Common Stock of
the Company issuable or issued upon conversion of the Shares and (ii) any Common Stock of the
Company issued as (or issuable upon the conversion or exercise of any warrant, right or other
security which is issued as) a dividend or other distribution with respect to, or in exchange for
or in replacement of, any stock referred to in (i).

1.3 The terms “Holder” or “Holders” mean the Purchaser or qualifying transferees
under Article 8 hereof who hold Registrable Securities.

1.4 The term “SEC” means the Securities and Exchange Commission.

ARTICLE 2. Company Registration.

2.1 Registration. If at any time or from time to time, the Company shall determine to
register any of its securities, for its own account or the account of any of its shareholders,
other than a registration on Form S-1 or S-8 relating solely to employee stock option or purchase
plans, or a registration on Form S-4 relating solely to an SEC Rule 145 transaction, or a
registration on any other form (other than Form S-1, S-2, S-3 or S-18, or their successor forms) or
any successor to such forms, which does not include substantially the same information as would be
required to be included in a registration statement covering the sale of Registrable Securities,
the Company will:

     (a) promptly give to each Holder written notice thereof (which shall include a list of the
jurisdictions in which the Company intends to attempt to qualify such securities under the
applicable blue sky or other state securities laws); and

     (b) include in such registration (and compliance), and in any underwriting involved therein,
all the Registrable Securities specified in a written request or requests, made within 30
days after receipt of such written notice from the Company, by any Holder or Holders, except
as set forth in Section 2.2 below.

Neither the delivery of such notice by the Company nor of such request by the Holder shall in any
way obligate the Company to file such registration statement and notwithstanding the filing of such
registration statement, the Company may terminate or withdraw any registrations initiated by it
under this Article 2 prior to the effectiveness of such registration whether or not a Holder has
elected to include securities in such registration, without liability to the Holder, except that
the Company shall pay expenses as are contemplated to be paid by it pursuant to Article 3.

Page 10 of 16

 

2.2 Underwriting. If the registration of which the Company gives notice is for a
registered public offering involving an underwriting, the Company shall so advise the Holders as a
part of the written notice given pursuant to Sub-Section 2.1(a). In such event the right of any
Holder to registration pursuant to this Sub-Section 2.2 shall be conditioned upon such Holder’s
participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the
underwriting to the extent provided herein. All Holders proposing to distribute their securities
through such underwriting shall (together with the Company and the other shareholders distributing
their securities through such underwriting) enter into an underwriting agreement in customary form
with the underwriter or underwriters selected for such underwriting by the Company.

2.3 Underwriter Limitations. In the case of any registration of securities by the Company,
if the managing underwriters give written advice to the Company that marketing factors require a
limitation on the number of shares of Common Stock (or other securities convertible into or
exercisable or exchangeable for Common Stock) to be offered and sold by stockholders of Company in
such offering, then the Company shall be required to include in the offering only that number of
such securities, if any, that the underwriters determine in their sole discretion will not impair
the success of the offering (any securities so included to be apportioned pro rata among Holders
and stockholders of the Company having contractual rights to include shares in such registration,
based upon the number of shares of Common Stock each Holder and each such stockholder beneficially
owns).

2.4 No holder of Registrable Securities shall have any right to obtain or seek an injunction
restraining or otherwise delaying any such registration as the result of any controversy that might
arise with respect to the interpretation or implementation of this Article 2.

ARTICLE 3. Expenses of Registration. All expenses incurred in connection with any
registration, qualification or compliance pursuant to this Rider including without limitation, all
registration, filing and qualification fees, printing expenses, fees and disbursements of counsel
for the Company and expenses of any special audits incidental to or required by such registration,
shall be borne by the Company except the Company shall not be required to pay underwriters’ fees,
discounts or commissions relating to Registrable Securities. All expenses of any registered
offering not otherwise borne by the Company shall be borne pro rata among the Holders participating
in the offering and the Company.

ARTICLE 4. Registration Procedures. In the case of each registration, qualification or
compliance effected by the Company pursuant to this Registration Rights Agreement, the Company will
keep each Holder participating therein advised in writing as to the initiation of each
registration, qualification and compliance and as to the completion thereof. Except as otherwise
provided in Article 3, at its expense the Company will:

4.1 Prepare and file with the SEC a registration statement with respect to such Registrable
Securities and use its best efforts to cause such registration statement to become effective, and,
upon the request of the Holders of a majority of the Registrable Securities registered thereunder,
keep such registration statement effective for up to 120 days.

4.2 Prepare and file with the SEC such amendments and supplements to such registration statement
and the prospectus used in connection with such registration statement as may be necessary to
comply with the provisions of the Securities Act with respect to the disposition of all securities
covered by such registration statement.

4.3 Furnish to the Holders such numbers of copies of a prospectus, including a preliminary
prospectus, in conformity with the requirements of the Securities Act, and such other documents as
they may reasonably request in order to facilitate the disposition of Registrable Securities owned
by them.

Page 11 of 16

 

4.4 Use its best efforts to register and qualify the securities covered by such registration
statement under such other securities or Blue Sky laws of such jurisdictions as shall be reasonably
requested by the Holders, provided that the Company shall not be required in connection therewith
or as a condition thereto to qualify to do business or to file a general consent to service of
process in any such states or jurisdictions.

4.5 In the event of any underwritten public offering, enter into and perform its obligations under
an underwriting agreement, in usual and customary form, with the managing underwriter of such
offering. Each Holder participating in such underwriting shall also enter into and perform its
obligations under such an agreement.

4.6 Notify each Holder of Registrable Securities covered by such registration statement at any time
when a prospectus relating thereto is required to be delivered under the Securities Act or the
happening of any event as a result of which the prospectus included in such registration statement,
as then in effect, includes an untrue statement of a material fact or omits to state a material
fact required to be stated therein or necessary to make the statements therein not misleading in
the light of the circumstances then existing.

ARTICLE 5. Indemnification.

5.1 The Company will indemnify each Holder of Registrable Securities and each of its officers,
directors and partners, and each person controlling such Holder, with respect to which such
registration, qualification or compliance has been effected pursuant to this Rights Agreement, and
each underwriter, if any, and each person who controls any underwriter of the Registrable
Securities held by or issuable to such Holder, against all claims, losses, expenses, damages and
liabilities (or actions in respect thereto) arising out of or based on any untrue statement (or
alleged untrue statement) of a material fact contained in any prospectus, offering circular or
other document (including any related registration statement, notification or the like) incident to
any such registration, qualification or compliance, or based on any omission (or alleged omission)
to state therein a material fact required to be stated therein or necessary to make the statement
therein not misleading, or any violation or alleged violation by the Company of the Securities Act,
the Securities Exchange Act of 1934, as amended, (“Exchange Act”) or any state securities
law applicable to the Company or any rule or regulation promulgated under the Securities Act, the
Exchange Act or any such state law and relating to action or inaction required of the Company in
connection with any such registration, qualification of compliance, and will reimburse each such
Holder, each of its officers, directors and partners, and each person controlling such Holder, each
such underwriter and each person who controls any such underwriter, within a reasonable amount of
time after incurred for any reasonable legal and any other expenses incurred in connection with
investigating, defending or settling any such claim, loss, damage, liability or action; provided,
however, that the indemnity agreement contained in this Section 5.1 shall not apply to amounts paid
in settlement of any such claim, loss, damage, liability, or action if such settlement is effected
without the consent of the Company (which consent shall not be unreasonably withheld); and provided
further, that the Company will not be liable in any such case to the extent that any such claim,
loss, damage or liability arises out of or is based on any untrue statement or omission based upon
written information furnished to the Company by an instrument duly executed by such Holder or
underwriter specifically for use therein.

5.2 Each Holder will, if Registrable Securities held by or issuable to such Holder are included in
the securities as to which such registration, qualification or compliance is being effected,
indemnify the Company, each of its directors and officers, each underwriter, if any, of the
Company’s securities covered by such a registration statement, each person who controls the Company
within the meaning of the Securities Act, and each other such Holder, each of its officers,
directors and partners and each person controlling such Holder, and its attorneys and accounts,
against all claims, losses, expenses, damages and liabilities (or actions in respect thereof)
arising out of or based on any untrue statement (or alleged untrue

Page 12 of 16

 

statement) of a material fact contained in any such registration statement, prospectus, offering
circular or other document, or any omission (or alleged omission) to state therein a material fact
required to be stated therein or necessary to make the statements therein not misleading, and will
reimburse the Company, such Holders, such directors, officers, partners, persons or underwriters
for any reasonable legal or any other expenses incurred in connection with investigating, defending
or settling any such claim, loss, damage, liability or action, in each case to the extent, but only
to the extent, that such untrue statement (or alleged untrue statement) or omission (or alleged
omission) is made in such registration statement, prospectus, offering circular or other document
in reliance upon and in conformity with written information furnished to the Company by an
instrument duly executed by such Holder specifically for use therein; provided, however, that the
indemnity agreement contained in this Section 5.2 shall not apply to amounts paid in settlement of
any such claim, loss, damage, liability or action if such settlement is effected without the
consent of the Holder, (which consent shall not be unreasonably withheld); and provided further,
that the total amount for which any Holder shall be liable under this Section 5.2 shall not in any
event exceed the aggregate proceeds received by such Holder from the sale of Registrable Securities
held by such Holder in such registration.

5.3 Each party entitled to indemnification under this Article 5 (the “Indemnified Party”)
shall give notice to the party required to provide indemnification (the “Indemnifying
Party”) promptly after such Indemnified Party has actual knowledge of any claim as to which
indemnity may be sought, and shall permit the Indemnifying Party to assume the defense of any such
claim or any litigation resulting therefrom; provided that counsel for the Indemnifying Party, who
shall conduct the defense of such claim or litigation, shall be approved by the Indemnified Party
(whose approval shall not be unreasonably withheld), and the Indemnified Party may participate in
such defense at such party’s expense; and provided further, that the failure of any Indemnified
Party to give notice as provided herein shall not relieve the Indemnifying Party of its obligations
hereunder, unless such failure resulted in prejudice to the Indemnifying Party; and provided
further, that an Indemnified Party (together with all other Indemnified Parties which may be
represented without conflict by one counsel) shall have the right to retain one separate counsel,
with the fees and expenses to be paid by the Indemnifying Party, if representation of such
Indemnified Party by the counsel retained by the Indemnifying Party would be inappropriate due to
actual or potential differing interests between such Indemnified Party and any other party
represented by such counsel in such proceeding. No Indemnifying Party, in the defense of any such
claim or litigation, shall, except with the consent of each Indemnified Party, consent to entry of
any judgment or enter into any settlement which does not include as an unconditional term thereof
the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability
in respect to such claim or litigation.

ARTICLE 6. Information by Holder. Any Holder or Holders of Registrable Securities included
in any registration shall promptly furnish to the Company such information regarding such Holder or
Holders and the distribution proposed by such Holder or Holders as the Company may request in
writing and as shall be required in connection with any registration, qualification or compliance
referred to herein. In its request for this information, the Company shall specify a reasonable
time period of not fewer than 15 nor more than 30 days in which Holder must provide the Company
with that information in writing. If Holder does not provide that information in writing to
Company within such time period, then the Company may proceed to file the registration statement
without including the Registrable Securities thereunder.

ARTICLE 7. Rule 144 Reporting. With a view to making available to Holders the benefits of
certain rules and regulations of the SEC which may permit the sale of the Registrable Securities to
the public without registration, the Company agrees at all times to:

Page 13 of 16

 

7.1 make and keep public information available, as those terms are understood and defined in SEC
Rule 144, after 90 days after the effective date of the first registration filed by the Company for
an offering of its securities to the general public;

7.2 file with the SEC in a timely manner all reports and other documents required of the Company
under the Securities Act and the Exchange Act (at any time after it has become subject to such
reporting requirements); and

7.3 so long as a Holder owns any Registrable Securities, to furnish to such Holder forthwith upon
request a written statement by the Company as to its compliance with the reporting requirements of
said Rule 144 (at any time after 90 days after the effective date of the first registration
statement filed by the Company for an offering of its securities to the general public), and of the
Securities Act and the Exchange Act (at any time after it has become subject to such reporting
requirements), a copy of the most recent annual or quarterly report of the Company, and such other
reports and documents so filed by the Company as the Holder may reasonably request in complying
with any rule or regulation of the SEC allowing the Holder to sell any such securities without
registration.

ARTICLE 8. Transfer of Registration Rights. Holders’ rights to cause the Company to
register their securities and keep information available, granted to them by the Company under
Articles 2 and 7 may be assigned to a transferee or assignee of a Holder’s Registrable Securities
not sold to the public, provided, that the Company is given written notice by such Holder at the
time of or within a reasonable time after said transfer, stating the name and address of said
transferee or assignee and identifying the securities with respect to which such registration
rights are being assigned. The Company may prohibit the transfer of any Holders’ rights under this
Article 8 to any proposed transferee or assignee who the Company reasonably believes is a
competitor of the Company.

ARTICLE 9. Waivers and Amendments. With the written consent of the record or beneficial
holders of at least a majority of the Registrable Securities, the obligations of the Company and
the rights of the Holders of the Registrable Securities under this agreement may be waived (either
generally or in a particular instance, either retroactively or prospectively, and either for a
specified period of time or indefinitely), and with the same consent the Company, when authorized
by resolution of its Board of Directors, may enter into a supplementary agreement for the purpose
of adding any provisions to or changing in any manner or eliminating any of the provisions of this
Agreement; provided, however, that no such modification, amendment or waiver shall reduce the
aforesaid percentage of Registrable Securities without the consent of all of the Holders of the
Registrable Securities. Upon the effectuation of each such waiver, consent, agreement of amendment
or modification, the Company shall promptly give written notice thereof to the record holders of
the Registrable Securities who have not previously

Page 14 of 16

 

consented thereto in writing. This Agreement or
any provision hereof may be changed, waived, discharged or terminated only by a statement in
writing signed by the party against which enforcement of the change, waiver, discharge or
termination is sought, except to the extent provided in this Article 9.

ARTICLE 10. “Market Stand-Off” Agreement. Each Holder agrees that it will not, without the
prior written consent of the managing underwriter, if any, of any registration effected pursuant to
Article 2, lend, offer, pledge, sell, contract to sell, sell any option or warrant to purchase,
purchase any option or contract to sell, grant any option, right or warrant to purchase, or
otherwise transfer or dispose of, directly or indirectly, any Registrable Securities, or of any
other equity security of the Company or of any security convertible into or exchangeable or
exercisable for any equity security of the Company (other than as part of such underwritten public
offering) during the time period reasonably requested by the managing underwriter, not to exceed 90
days, or in the case of an initial public offering, 180 days.

[end of Rider]

Page 15 of 16

 

EXHIBIT D

(Rider to warrant for 50,000 shares of common stock of Family Home Health Services Inc.

issued on July ___, 2006 to Comerica Bank)

CAPITALIZATION TABLE

Page 16 of 16exv10w1

 

Exhibit 10.1

EXHIBIT A

AMENDMENT NO. 3

          AMENDMENT NO. 3 dated as of June 20, 2006 among The Shaw Group Inc. (the “Borrower”),
the subsidiaries of the Borrower listed on the signature pages hereto as “Guarantors” and BNP
Paribas, as administrative agent (in such capacity, the “Agent”) pursuant to authority
granted by the Required Lenders.

          The Borrower, the “Guarantors” party thereto, the “Lenders” party thereto and the Agent are
parties to a Credit Agreement dated as of April 25, 2005 (as modified and supplemented and in
effect from time to time, the “Credit Agreement”), providing, subject to the terms and
conditions thereof, for extensions of credit (by means of loans and letters of credit) to be made
by said lenders to the Borrower in an aggregate principal or face amount not exceeding
$750,000,000.

          The parties hereto wish to amend the Credit Agreement as hereinafter set forth and accordingly
hereby agree as follows:

          Section 1. Definitions. Terms defined in the Credit Agreement are used herein as
defined therein.

          Section 2. Amendments. Subject to the satisfaction of the conditions precedent
specified in Section 5 below, but effective as of the date hereof, the last sentence of Section
2.19.1 of the Credit Agreement shall be amended to read as follows:

	 	 	“No Facility LC issued on or after the Effective Date shall have an expiry date later than
the fifth Business Day prior to the Facility Termination Date.”

          Section 3. Representations and Warranties. The Borrower represents and warrants to
the Lenders that the representations and warranties set forth in Article V of the Credit Agreement
are true and correct on the date hereof as if made on and as of the date hereof (except to the
extent any such representation or warranty is stated to relate solely to an earlier date, in which
case such representation or warranty shall have been true and correct on and as of such earlier
date) and as if each reference in said Article V to “this Agreement” included reference to this
Amendment No. 3.

          Section 4. Previously Issued Facility LCs. The letters of credit listed on Schedule
1 hereto shall be deemed to be Facility LCs duly issued under the Credit Agreement provided that
the terms and conditions thereof comply with the requirements of the Credit Agreement as hereby
amended.

          Section 5. Conditions Precedent. The amendment set forth in Section 2 hereof and
the consent set forth in Section 4 hereof shall become effective, as of the date hereof, upon the
execution and delivery of counterparts of this Amendment No. 3 by the Borrower, the Guarantors and
the Agent pursuant to authority granted by the Required Lenders.

 

 

          Section 6. Miscellaneous. Except as herein provided, the Credit Agreement and the
Security Agreement shall remain unchanged and in full force and effect. This Amendment No. 3 may
be executed in any number of counterparts, all of which taken together shall constitute one and the
same amendatory instrument and any of the parties hereto may execute this Amendment No. 3 by
signing any such counterpart. This Amendment No. 3 shall be governed by, and construed in
accordance with, the law of the State of New York.

          IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 3 to be duly executed
and delivered as of the day and year first above written.

 

 

	 	 	 	 	 
	 	THE SHAW GROUP INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and
Chief Financial Officer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS:

WHIPPANY VENTURE I, L.L.C

HYDRO POWER SOLUTIONS LLC

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President 	 
	 
	 	SHAW CONSTRUCTORS, INC.

 	 
	 	By:  	 	 
	 	 	Ronnie Volentine 	 
	 	 	President 	 
	 
	 	STONE & WEBSTER MICHIGAN, INC.

 	 
	 	By:  	 	 
	 	 	Gary P. Graphia 	 
	 	 	Vice President and Secretary 	 

	 	 	 	 	 
	 	SO-GLEN GAS CO., LLC
     by its sole member, 
     EMCON/OWT, Inc. 	 
	 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President, Assistant Treasurer and
Assistant Chief Financial Officer 	 
	 
	 	EMCON/OWT, INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President, Assistant Treasurer and
Assistant Chief Financial Officer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued)

AMERICAN PLASTIC PIPE AND

     SUPPLY, L.L.C.

B.F. SHAW, INC.

C.B.P. ENGINEERING CORP.

EDS EQUIPMENT COMPANY, LLC

EDS PUERTO RICO, INC.

ENVIROGEN, INC.

FIELD SERVICES, INC.

LFG SPECIALTIES, L.L.C.

MWR, INC.

PROSPECT INDUSTRIES (HOLDINGS), INC.

SHAW ALLOY PIPING PRODUCTS, INC.

SHAW BENECO, INC.

SHAW COASTAL, INC.

SHAW CONNEX, INC.

SHAW E & I INVESTMENT HOLDINGS, INC.

SHAW E & I RUSSIA, INC.

SHAW ENERGY DELIVERY SERVICES, INC.

SHAW ENVIRONMENTAL, INC.

SHAW ENVIRONMENTAL &

     INFRASTRUCTURE, INC.

SHAW ENVIRONMENTAL

     INTERNATIONAL, INC.

SHAW FABRICATORS, INC.

SHAW FACILITIES, INC.

SHAW FIELD SERVICES, INC.

SHAW FT. LEONARD WOOD

     HOUSING, L.L.C.

SHAW GLOBAL ENERGY SERVICES, INC.

SHAW GRP OF CALIFORNIA

SHAW INDUSTRIAL SUPPLY CO., INC.

SHAW INFRASTRUCTURE, INC.

SHAW INTELLECTUAL PROPERTY

     HOLDINGS, INC.

SHAW INTERNATIONAL, INC.

SHAW JV HOLDINGS, L.L.C.

SHAW LITTLE ROCK HOUSING, L.L.C.

SHAW LIQUID SOLUTIONS LLC

SHAW MAINTENANCE, INC.

SHAW POWER SERVICES GROUP, L.L.C.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Treasurer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued)

SHAW WASTE SOLUTIONS, LLC

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Chief Financial Officer 	 
	 
	 	STONE & WEBSTER — JSC MANAGEMENT
     CONSULTANTS, INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President, Senior Vice
President and Treasurer 	 
	 

	 	 	 	 	 
	 	BADGER® TECHNOLOGIES, L.L.C.

BADGER® TECHNOLOGY HOLDINGS, L.LC.

PIKE PROPERTIES I, INC.

PIKE PROPERTIES II, INC.

SHAW GLOBAL, L.L.C.

SHAW TRANSMISSION & DISTRIBUTION

     SERVICES, INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Vice President and Treasurer 	 
	 
	 	S C WOODS, L.L.C.

     by its sole member,

     Stone & Webster, Inc.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Treasurer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued)

INTERNATIONAL CONSULTANTS, L.L.C.

SHAW BEALE HOUSING, L.L.C.

SHAW CAPITAL INC.

SHAW CAPITAL (NEVADA), INC.

SHAW CENTCOM SERVICES, L.L.C.

SHAW HANSCOM HOUSING, L.L.C.

SHAW HOME LOUISIANA, INC.

SHAW MANAGED SERVICES, INC.

SHAW MANAGEMENT SERVICES ONE, INC.

SHAW MORGAN CITY TERMINAL, INC.

SHAW NAPTECH, INC.

SHAW POWER SERVICES, INC.

SHAW PROCESS AND INDUSTRIAL

     GROUP, INC.

SHAW PROCESS FABRICATORS, INC.

SHAW PROPERTY HOLDINGS, INC.

SHAW SERVICES, L.L.C.

SHAW SSS FABRICATORS, INC.

SHAW SUNLAND FABRICATORS, INC.

SHAW WORD INDUSTRIES

     FABRICATORS, INC.

STONE & WEBSTER ASIA, INC.

STONE & WEBSTER HOLDING ONE, INC.

STONE & WEBSTER HOLDING TWO, INC.

STONE & WEBSTER, INC.

STONE & WEBSTER INTERNATIONAL, INC.

STONE & WEBSTER INTERNATIONAL

     HOLDINGS, INC.

STONE & WEBSTER MASSACHUSETTS, INC.

STONE & WEBSTER PROCESS

     TECHNOLOGY, INC.

STONE & WEBSTER MANAGEMENT

     CONSULTANTS, INC.

STONE & WEBSTER SERVICES, L.L.C.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Treasurer 	 

 

 

	 	 	 	 	 
	 	GUARANTORS (continued)

STONE & WEBSTER CONSTRUCTION, INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	President and Executive Vice President 	 
	 
	 	ARLINGTON AVENUE E VENTURE, LLC

CAMDEN ROAD VENTURE, LLC

GREAT SOUTHWEST PARKWAY

     VENTURE, LLC

 	 
	 	By:  	 	 
	 	 	T.A. Barfield, Jr. 	 
	 	 	President 	 
	 
	 	STONE & WEBSTER CONSTRUCTION
     SERVICES, L.L.C.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	President and Executive Vice President 	 
	 

	 	 	 	 	 
	 	SHAW INTERNATIONAL MANAGEMENT
     SERVICES ONE, INC.

SHAW INTERNATIONAL MANAGEMENT
     SERVICES TWO, INC.

SHAW NORTHEAST HOUSING, L.L.C.

SHAW NORTHWEST HOUSING, L.L.C.

SHAW STONE & WEBSTER PUERTO RICO,
     INC.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Vice President and Treasurer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued):

LANDBANK PROPERTIES, L.L.C.

 	 
	 	By:  	 	 
	 	 	T.A. Barfield, Jr. 	 
	 	 	Chief Executive Officer and Chairman 	 
	 
	 	SHAW ENVIRONMENTAL LIABILITY
     SOLUTIONS, L.L.C.

 	 
	 	By:  	 	 
	 	 	T.A. Barfield, Jr. 	 
	 	 	Chairman and Chief Executive Officer 	 
	 
	 	THE LANDBANK GROUP, INC.

 	 
	 	By:  	 	 
	 	 	T.A. Barfield, Jr. 	 
	 	 	Chief Executive Officer and
Chairman of the Board 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued):

BENICIA NORTH GATEWAY II, L.L.C.

CHIMENTO WETLANDS, L.L.C.

HL NEWHALL II, L.L.C.

JERNEE MILL ROAD, L.L.C.

KATO ROAD II, L.L.C.

KIP I, L.L.C.

LANDBANK BAKER, L.L.C.

MILLSTONE RIVER WETLAND
     SERVICES, L.L.C.

NORWOOD VENTURE I, L.L.C.

OTAY MESA VENTURES II, L.L.C.

PLATTSBURG VENTURE, L.L.C.

RARITAN VENTURE I, L.L.C.

SHAW ALASKA, INC.

SHAW AMERICAS, L.L.C.

SHAW CALIFORNIA, L.L.C.

SHAW CMS, INC.

SHAW MEXICO, L.L.C.

SHAW REMEDIATION SERVICES, L.L.C.

 	 
	 	By:  	 	 
	 	 	T.A. Barfield, Jr. 	 
	 	 	President 	 
	 

	 	 	 	 	 
	 	INTEGRATED SITE SOLUTIONS, L.L.C.

     by its sole member,

     Shaw Environmental & Infrastructure, Inc.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Treasurer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	GUARANTORS (continued):

NUCLEAR TECHNOLOGY SOLUTIONS,

     L.L.C.

     by its sole member,

S C WOODS, L.L.C.

     by its sole member,

     Stone & Webster, Inc.

 	 
	 	By:  	 	 
	 	 	Robert L. Belk 	 
	 	 	Executive Vice President and Treasurer 	 
	 
	 	SELS ADMINISTRATIVE SERVICES, L.L.C.

     by its sole member,

     Shaw Environmental Liability Solutions, L.L.C.

 	 
	 	By:  	 	 
	 	 	T.A. Barfield 	 
	 	 	Chairman and Chief Executive Officer 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	BNP PARIBAS, as Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}]]