Document:

exv10w5

Exhibit 10.5

Amendment to Employment Agreement between

William D. Moss and Newpark Resources, Inc.

This is an Amendment to the Employment Agreement entered into between William D. Moss (“Executive”)
and Newpark Resources, Inc. (“Company”) effective June 2, 2008 (“Employment Agreement”).

Due to the current economic situation, Executive and the Company mutually agree that Executive’s
current annualized Base Salary of Two Hundred Seventy Thousand Dollars ($270,000.00) set forth in
Section 1.2(a) of Executive’s Employment Agreement will be reduced by ten percent (10%) to Two
Hundred Forty-Three Thousand Dollars ($243,000.00). This 10% reduction to Executive’s annualized
Base Salary will take effect on May 1, 2009, and will continue in effect through December 31, 2009.
Beginning on January 1, 2010, Executive’s annualized Base Salary will be Two Hundred Seventy
Thousand Dollars and No Cents ($270,000.00).

Executive’s Base Salary for purposes of calculating the Target Award, maximum limitation, and
minimum award under Section 1.2(c) of the Employment Agreement and the 2003 Executive Incentive
Compensation Plan (“EICP”) will likewise be adjusted for the period May 1, 2009 through December
31, 2009 to reflect this 10% reduction in Executive’s annualized Base Salary.

Executive and the Company agree that this 10% reduction in Executive’s annualized Base Salary and
the corresponding adjustment to Executive’s incentive compensation under the EICP are being made
with the full knowledge and consent of Executive. Executive and the Company further agree that
this 10% reduction in Executive’s annualized Base Salary and the corresponding adjustment to
Executive’s incentive compensation under the EICP do not constitute “Good Reason” for termination
by Executive, as defined in Section 2.3 and 3.10(b) of the Employment Agreement, or a termination
by the Company.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.3 of Executive’s Employment Agreement, Executive’s
“lump sum payment” provided for in Section 2.3(i)(A) or 2.3(i)(B) will be calculated based upon
Executive’s $270,000.00 annualized Base Salary and not on Executive’s “current annual Base Salary”
of $243,000.00.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.2 of Executive’s Change in Control Agreement with the
Company dated June 2, 2008 as a result of a Change in Control (as defined in Executive’s Change in
Control Agreement) or a Potential Change in Control (as defined in Executive’s Change in Control
Agreement), Executive’s Termination Benefit provided for in Section 3.3 and Annex A of the Change
in Control Agreement will be calculated based upon Executive’s $270,000.00 annualized Base Salary
and not on Executive’s base salary at the time of termination of $243,000.00.

All other terms and provisions in the Employment Agreement and the Change in Control Agreement
remain unchanged and in full force and effect.

 

 

Amendment to Employment Agreement between

William D. Moss and Newpark Resources, Inc.

	 	 	 	 	 
	AGREED and ACCEPTED on this 23rd day of April, 2009.

 	 
	/s/ William D. Moss
 	 	 
	William D. Moss (Executive) 	 	 
	 	 	 
	/s/ Paul L. Howes
 	 	 
	Paul L. Howes 	 	 
	President & Chief Executive

Newpark Resources, Inc.exv10w6

Exhibit 10.6

Amendment to Employment Agreement between

Samuel Cooper and Newpark Resources, Inc.

This is an Amendment to the Employment Agreement entered into between Samuel Cooper (“Executive”)
and Newpark Resources, Inc. (“Company”) effective November 1, 2006 (“Employment Agreement”).

Due to the current economic situation, Executive and the Company mutually agree that Executive’s
current annualized Base Salary of Two Hundred Ten Thousand Dollars and No Cents ($210,000.00) set
forth in Section 1.2(a) of Executive’s Employment Agreement, as increased by the Company, will be
reduced by ten percent (10%) to One Hundred Eighty-Nine Thousand Dollars and No Cents
($189,000.00). This 10% reduction to Executive’s annualized Base Salary will take effect on May 1,
2009, and will continue in effect through December 31, 2009. Beginning on January 1, 2010,
Executive’s annualized Base Salary will be Two Hundred Ten Thousand Dollars and No Cents
($210,000.00).

Executive’s Base Salary for purposes of calculating payments under the 2003 Executive Incentive
Compensation Plan (“EICP”) as described in Section 1.2(c) of the Employment Agreement will likewise
be adjusted for the period May 1, 2009 through December 31, 2009 to reflect this 10% reduction in
Executive’s annualized Base Salary.

Executive and the Company agree that this 10% reduction in Executive’s annualized Base Salary and
the corresponding adjustment to Executive’s incentive compensation under the EICP are being made
with the full knowledge and consent of Executive. Executive and the Company further agree that
this 10% reduction in Executive’s annualized Base Salary and the corresponding adjustment to
Executive’s incentive compensation under the EICP do not constitute “Good Reason” for termination
by Executive, as defined in Section 2.3 and 3.10(b) of the Employment Agreement, or a termination
by the Company.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.3 of Executive’s Employment Agreement, Executive’s
“lump sum payment” provided for in Section 2.3(i)(A) or 2.3(i)(B) will be calculated based upon
Executive’s $210,000.00 annualized Base Salary and not on Executive’s “current annual Base Salary”
of $189,000.00.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.2 of Executive’s Change in Control Agreement with the
Company dated April 20, 2009 as a result of a Change in Control (as defined in Executive’s Change
in Control Agreement) or a Potential Change in Control (as defined in Executive’s Change in Control
Agreement), Executive’s Termination Benefit provided for in Section 3.3 and Annex A of the Change
in Control Agreement will be calculated based upon Executive’s $210,000.00 annualized Base Salary
and not on Executive’s base salary at the time of termination of $189,000.00.

All other terms and provisions in the Employment Agreement and the Change in Control Agreement
remain unchanged and in full force and effect.

 

 

Amendment to Employment Agreement between

Samuel Cooper and Newpark Resources, Inc.

	 	 	 	 	 
	AGREED and ACCEPTED on this 22nd day of April, 2009.

 	 
	/s/ Sammy Cooper
 	 
	Samuel Cooper (Executive) 	 
	 	 	 
	 	 	 
	/s/ Paul L. Howes
 	 
	Paul L. Howes 	 
	President & Chief Executive

Newpark Resources, Inc.exv10w1

Exhibit 10.1

AMENDMENT TO THE ACTUATE CORPORATION

1998 EQUITY INCENTIVE PLAN (AMENDED AND RESTATED)

          Pursuant to the powers of amendment in Section 17.2 of the Actuate Corporation 1998 Equity
Incentive Plan as adopted effective July 17, 1998 and as amended and restated from time to time
(the “1998 Plan”) Actuate Corporation hereby amends the 1998 Plan, effective as of January 2, 2010,
in the following manner:

	1.	 	Section 3.2 Annual Increase in Shares is deleted in its entirety.
	 
	2.	 	The sentence “On April 22, 2009, the Board of Directors amended the
Plan by deleting Section 3.2 Annual Increase in Shares.” is hereby
added to the end of Section 17.3 History of Amendments of the 1998
Plan.exv10w1

Exhibit 10.1

PROMISSORY NOTE

			
	 	 	 
	$2,000,000
	 	 
	New York, New York
	 	April 17, 2009

          FOR VALUE RECEIVED, the undersigned, LIGHTING SCIENCE GROUP CORPORATION, a Delaware
corporation (“Borrower”), promises to pay to the order of PEGASUS PARTNERS IV, L.P., a Delaware
limited partnership (“Lender”), the sum of TWO MILLION DOLLARS ($2,000,000) or so much thereof as
may be outstanding hereunder, together with interest.

          1. Interest Rate. Interest shall accrue on the unpaid principal balance of this Note
from the date hereof at 8% per annum.

          2. Default Rate. All past due principal of and accrued interest on this Note shall
bear interest from maturity (stated, by acceleration, or otherwise) until paid at the rate of 18%
per annum.

          3. Advances. On the date hereof Lender will loan Borrower $2,000,000.

          4. Repayments. The principal and interest of this Note shall be due and payable on
May 15, 2009 (the “Maturity Date”).

          5. Prepayments. The unpaid principal balance of this Note may be prepaid in whole or
in part at any time without premium or penalty. Subject to Paragraph 16, the net cash proceeds of
any Offering shall be applied to payment of: (i) the unpaid principal amount of this Note,
together with accrued interest thereon; (ii) the unpaid principal amount of Borrower’s outstanding
unsecured bridge loans, together with accrued interest thereon; (iii) the anticipated cash needs
of Borrower during 2009, net of other available financings; and (iv) Borrower’s outstanding
borrowings that are guaranteed by Lender or an affiliate of Lender.

          6. Events of Default and Remedies. The entire unpaid principal balance of and all
accrued interest on this Note shall immediately become due and payable, without notice or demand
which are hereby waived, upon the occurrence of any one or more of the following events of default
(individually or collectively, herein called a “Default”):

          (a) The failure or refusal of Borrower to pay all or any part of the principal of or
accrued interest on this Note as and when same becomes due and payable in accordance with
the terms hereof; or

          (b) Borrower shall: (i) become insolvent within the meaning of
the Bankruptcy Code of the United States, as amended, (ii) admit in writing
its inability to pay or otherwise fail to pay
its or his or her debts generally as they become due, (iii)
voluntarily seek consent to, or acquiesce in the benefit or
benefits of any Debtor Relief Law, or (iv) be made the subject of
any proceeding provided for by any Debtor Relief Law that could
suspend or otherwise affect any of the rights of the holder
hereof. As used herein, “Debtor Relief Laws” means the Bankruptcy
Code of the United States, as amended and all other applicable
liquidation, conservatorship, bankruptcy, moratorium,
rearrangement, receivership, insolvency, reorganization or similar
debtor relief laws from time to time in effect affecting the
rights of creditors generally; or

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          (c) The nonpayment when due of any material indebtedness owed by Borrower, or the
occurrence of any event under any document or instrument evidencing, securing, or executed
in connection with any such indebtedness which could give the holder thereof the right to
declare such indebtedness or any part thereof due prior to its scheduled maturity; or

          (d) The discovery by the holder hereof that any statement, representation, or warranty
made by Borrower in any writing, document, or instrument ever delivered to the holder
hereof in connection herewith was at the time made false, misleading, or erroneous in any
material respect.

          Upon the occurrence of a Default, the holder of this Note may: (a) offset against this Note
any sum or sums owed by the holder hereof to Borrower and (b) proceed to protect and enforce its
rights either by suit in equity and/or by action at law, or by other appropriate proceedings,
whether for the specific performance of any covenant or agreement contained in this Note or any
document or instrument executed and delivered by Borrower in connection with this Note or in aid of
the exercise of any power or right granted by this Note or any document or instrument executed and
delivered by Borrower in connection with this Note or to enforce any other legal or equitable right
of the holder of this Note.

          7. Cumulative Rights. No delay on the part of the holder of this Note in the
exercise of any power or right under this Note, or under any document or instrument executed in
connection herewith, shall operate as a waiver thereof, nor shall a single or partial exercise of
any other power or right. Enforcement by the holder of this Note of any security for the payment
hereof shall not constitute any election by it of remedies so as to preclude the exercise of any
other remedy available to it.

          8. Waiver. Borrower, and each surety, endorser, guarantor, and other party ever
liable for the payment of any sum of money payable on this Note jointly and severally waive
demand, presentment, protest, notice of nonpayment, notice of intention to accelerate, notice of
acceleration, notice of protest, and any and all lack of diligence or delay in collection or the
filing of suit hereon which may occur, and agree that their liability on this Note shall not be
affected by any renewal or extension in the time of payment hereof, by any indulgences, or by any
release or change in any security for the payment of this Note, and hereby consent to any and all
renewals, extensions, indulgences, releases, or changes, regardless of the number of such
renewals, extensions, indulgences, releases, or changes.

          9. Attorneys’ Fees and Costs. In the event a Default shall occur, and in the event
that thereafter this Note is placed in the hands of an attorney for collection, or in the event
this Note is collected in whole or in part through legal proceedings of any nature, then and in
any such case Borrower promises to pay all costs of collection, including, but not limited to,
reasonable attorneys’ fees incurred by the holder hereof on account of such collection, whether or
not suit is filed.

          10. Notices. Any notice or demand given hereunder by the holder shall be deemed to
have been given and received (a) when actually received by Borrower, if delivered in person or by
courier or messenger, or (b) two Business Days (hereinafter defined) after a letter containing
such notice, certified or registered, with postage prepaid, addressed to Borrower, is deposited in
the United States Mail. The address of Borrower is 120 Hancock Lane, Westampton, New Jersey 08060
or such other address as Borrower shall advise the holder hereof by certified or registered
letter.

          11. Governing Law. The laws of New York shall govern the construction, validity,
enforcement and interpretation of this Note, except to the extent federal laws otherwise govern
the validity, construction, enforcement and interpretation hereof.

D-Lighting Science April Note — Execution Version     2

 

 

          12. Headings. The headings of the sections of this Note are inserted for convenience
only and shall not be deemed to constitute a part hereof.

          13. Successors and Assigns. All of the covenants, stipulations, promises and
agreements in this Note contained by or on behalf of Borrower shall bind its successors and
assigns, whether so expressed or not; provided, that Borrower may not, without the prior written
consent of the holder hereof, assign any rights, duties, or obligations under this Note.

          14. Maximum Interest Rate. Regardless of any provision contained herein, or in any
other document executed in connection herewith, the holder hereof shall never be entitled to
receive, collect or apply, as interest hereon, any amount in excess of the maximum rate of
interest permitted to be charged from time to time by applicable law, and in the event the holder
hereof ever receives, collects or applies, as interest, any such excess, such amount which would
be excessive interest shall be deemed a partial prepayment of the principal hereof and treated
hereunder as such; and, if the principal hereof is paid in full, any remaining excess shall
forthwith be paid to Borrower. In determining whether or not the interest paid or payable, under
any specified contingency, exceeds the highest lawful rate, Borrower and the holder hereof shall,
to the maximum extent permitted under applicable law, (a) characterize any nonprincipal payment as
an expense, fee, or premium rather than as interest, (b) exclude voluntary prepayments and the
effects thereof, and (c) spread the total amount of interest throughout the entire contemplated
term hereof; provided that if the indebtedness evidenced hereby is paid and performed in full
prior to the end of the full contemplated term thereof, and if the interest received for the
actual period of existence thereof exceeds the maximum lawful rate, the holder hereof shall refund
to Borrower the amount of such excess or credit the amount of such excess against the principal
hereof, and in such event, the holder hereof shall not be subject to any penalties provided by any
laws for contracting for, charging, or receiving interest in excess of the maximum lawful rate.

          15. Business Day; Payments. As used herein, (a) “Business Day” means any day other
than Saturday, Sunday or other day on which the Federal Reserve Bank of New York is closed and (b)
“Nonbusiness Day” means every day that is not a Business
Day. The principal of, or accrued interest on, this Note shall be due and payable in lawful
money of the United States of America, in New York, New York at the office of Lender, 505 Park
Avenue, 21st Floor, New York, New York 10022, in funds which are or will be available
for immediate use by Lender at such office at or before 12:00 p.m., Eastern time (daylight or
standard, as applicable) on the day payment hereof is due. In any case where a payment of
principal or interest hereon is due on a Nonbusiness Day, Borrower shall be entitled to delay such
payment until the next succeeding Business Day, but interest shall continue to accrue until the
payment is, in fact, made.

          16. Rollover Right. In addition to the right of set-off following default set forth
in Paragraph 6 above, Lender shall have the right to: (i) subscribe (to the full extent of the
principal and accrued interest under this Note) on the same terms and conditions as are offered to
independent, third party investors in any debt or equity offering of Borrower consummated prior to
the Maturity Date and (ii) offset any sums payable by Lender to Borrower thereunder against any
sums payable by Borrower pursuant to this Note.

          17. Consent to Jurisdiction. BORROWER IRREVOCABLY AGREES THAT, SUBJECT TO LENDER’S
SOLE AND ABSOLUTE ELECTION, ALL ACTIONS OR PROCEEDINGS IN ANY WAY ARISING OUT OF, FROM OR RELATED
TO THIS NOTE WILL BE LITIGATED IN COURTS HAVING SITUS WITHIN NEW YORK, NEW YORK. BORROWER HEREBY
CONSENTS AND SUBMITS TO THE JURISDICTION OF ANY COURT LOCATED WITHIN NEW YORK, NEW YORK, WAIVES
PERSONAL SERVICE OF PROCESS UPON BORROWER AND AGREES THAT ALL SUCH

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SERVICE OF PROCESS MAY BE MADE
BY CERTIFIED MAIL DIRECTED TO BORROWER AT THE ADDRESS STATED IN PARAGRAPH 10 HEREOF AND SERVICE SO
MADE WILL BE DEEMED TO BE COMPLETED UPON ACTUAL RECEIPT.

          18. Waiver of Jury Trial. BORROWER HEREBY EXPRESSLY WAIVES ANY RIGHT TO A TRIAL BY
JURY IN ANY ACTION OR PROCEEDING TO ENFORCE OR DEFEND ANY RIGHTS UNDER THIS NOTE OR UNDER ANY
AMENDMENT, INSTRUMENT, DOCUMENT OR AGREEMENT DELIVERED OR WHICH MAY IN THE FUTURE BE DELIVERED IN
CONNECTION WITH THIS NOTE, AND AGREES THAT ANY SUCH ACTION OR PROCEEDING WILL BE TRIED BEFORE A
COURT AND NOT BEFORE A JURY. BORROWER AGREES THAT IT WILL NOT ASSERT ANY CLAIM AGAINST LENDER ON
ANY THEORY OF LIABILITY, FOR SPECIAL, INDIRECT, CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES.

          19. ENTIRETIES. THIS NOTE, TOGETHER WITH THE OTHER DOCUMENTS AND INSTRUMENTS
EXECUTED AND DELIVERED IN CONNECTION HEREWITH, REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES
AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF
THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS OF THE PARTIES.

     IN WITNESS WHEREOF, the undersigned has executed this Note as of the day and year first above
written.

	 	 	 	 	 
	 	LIGHTING SCIENCE GROUP CORPORATION

 	 
	 	By:  	/s/ Stephen Hamilton
 	 
	 	Name:  	Stephen Hamilton 	 
	 	Title:  	Vice President – Finance 	 
	 

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