Document:

Form of Indemnification Agreement

 Exhibit 10.21 
 INDEMNIFICATION AGREEMENT 
 THIS INDEMNIFICATION AGREEMENT (the
“Agreement”) is made and entered into this      day of             ,
            , between Comverge, Inc., a Delaware corporation (the “Company”), and
                     (“Indemnitee”). 
 INTRODUCTION: 
 A. Indemnitee, as a member of the Company’s Board of Directors and/or an officer of the Company,
performs valuable services for the Company; 
 B. The Company and Indemnitee recognize the continued difficulty in obtaining liability insurance for
corporate directors, officers, employees, controlling persons, agents and fiduciaries, the significant increases in the cost of such insurance and the general reductions in the coverage of such insurance. 
 C. The Company and Indemnitee further recognize the substantial increase in corporate litigation in general, subjecting directors, officers, employees, controlling
persons, agents and fiduciaries to expensive litigation risks at the same time as the availability and coverage of liability insurance has been severely limited. 
 D. The stockholders of the Company have adopted Bylaws (the “Bylaws”) providing for the indemnification of the officers, directors, agents and employees of the Company to the maximum extent authorized by
Section 145 of the Delaware General Corporation Law, as amended (“DGCL”). 
 E. Indemnitee does not regard the current
protection available for the Company’s directors, officers, employees, controlling persons, agents and fiduciaries as adequate under the present circumstances, and Indemnitee and other directors, officers, employees, controlling persons, agents
and fiduciaries of the Company may not be willing to serve or continue to serve in such capacities without additional protection. 
 F. The Bylaws and the
DGCL, by their non-exclusive nature, permit contracts between the Company and its directors, officers, employees, controlling persons, agents or fiduciaries with respect to indemnification of such directors. 
 G. The Company (i) desires to attract and retain the involvement of highly qualified individuals, such as Indemnitee, to serve the Company and, in part, in order to
induce Indemnitee to be involved with the Company, and (ii) wishes to provide for the indemnification and advancing of expenses to Indemnitee to the maximum extent permitted by law. 
 H. In view of the considerations set forth above, the Company desires that Indemnitee be indemnified by the Company as set forth herein. 
 AGREEMENT: 
 NOW, THEREFORE, in consideration of Indemnitee’s service to the Company, the parties hereto
agree as follows: 
 1. Indemnity of Indemnitee. The Company hereby agrees to indemnify Indemnitee to the fullest extent
permitted by applicable law, even if such indemnification is not specifically authorized by the other provisions of this Agreement, the Company’s Amended and Restated Certificate of Incorporation (the “Certificate”), the
Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule that expands the right of a Delaware corporation to indemnify a member of its Board of Directors or an officer, employee,
controlling person, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule that narrows
the right of a Delaware corporation to indemnify a member of its Board of Directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall
have no effect on this Agreement or the parties’ rights and obligations hereunder except as set forth in Section 9(a) hereof. 
 2. Additional Indemnity. The Company hereby agrees to hold harmless and indemnify the Indemnitee: 

 (a) against any and all expenses incurred by Indemnitee, as set forth in Section 3(a) below; and

 (b) otherwise to the fullest extent not prohibited by the Certificate, the Bylaws or the DGCL. 
 3. Indemnification Rights. 
 (a) Indemnification of Expenses. The Company shall indemnify and hold harmless Indemnitee, together with Indemnitee’s partners, affiliates, employees, agents and spouse and each person who controls any of them or who may be
liable within the meaning of Section 15 of the Securities Act of 1933, as amended (the “Securities Act”), or Section 20 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), to the fullest extent permitted by law if Indemnitee was or is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, any threatened, pending or
completed action, suit, proceeding or alternative dispute resolution mechanism, or any hearing, inquiry or investigation that Indemnitee in good faith reasonably believes might lead to the institution of any such action, suit, proceeding or
alternative dispute resolution mechanism, whether civil, criminal, administrative, investigative or other (hereinafter a “Claim”) against any and all expenses (including attorneys’ fees and all other costs, expenses and
obligations incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to defend, be a witness in or participate in, any such action, suit, proceeding, alternative dispute
resolution mechanism, hearing, inquiry or investigation), judgments, fines, penalties and amounts paid in settlement (if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld) of any Claim and any
federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement (collectively, hereinafter “Expenses”), including all interest, assessments and
other charges paid or payable in connection with or in respect of such Expenses, incurred by Indemnitee by reason of (or arising in part out of) any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee,
controlling person, agent or fiduciary of the Company or any subsidiary of the Company, or is or was serving at the request of the Company as a director, officer, employee, controlling person, agent or fiduciary of another corporation, partnership,
joint venture, trust or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity including, without limitation, any and all losses, claims, damages, expenses and liabilities, joint or several
(including any investigation, legal and other expenses incurred in connection with, and any amount paid in settlement of, any action, suit, proceeding or any claim asserted) under the Securities Act, the Exchange Act or other federal or state
statutory law or regulation, at common law or otherwise, that relate directly or indirectly to the registration, purchase, sale or ownership of any securities of the Company or to any fiduciary obligation owed with respect thereto (hereinafter an
“Indemnification Event”). Such payment of Expenses shall be made by the Company as soon as practicable but in any event no later than 25 days after written demand by Indemnitee therefor is presented to the Company.

 (b) Reviewing Party. Notwithstanding the foregoing, (i) the obligations of the Company under Section 2 shall be subject
to the condition that the Reviewing Party (as described in Section 11(e) hereof) shall not have determined (in a written opinion, in any case in which the Independent Legal Counsel as defined in Section 11(d) hereof is involved) that

  

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 Indemnitee would not be permitted to be indemnified under applicable law, and (ii) and Indemnitee acknowledges and
agrees that the obligation of the Company to make an advance payment of Expenses to Indemnitee pursuant to Section 4(a) (an “Expense Advance”) shall be subject to the condition that, if, when and to the extent that the
Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under applicable law, the Company shall be entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for such Expense Advance;
provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent jurisdiction to secure a determination that Indemnitee should be indemnified under applicable law, any determination
made by the Reviewing Party that Indemnitee would not be permitted to be indemnified under applicable law shall not be binding and Indemnitee shall not be required to reimburse the Company for any Expense Advance until a final judicial determination
is made with respect thereto (as to which all rights of appeal therefrom have been exhausted or lapsed) and until such time, Indemnitee shall be entitled to receive interim payments of expenses pursuant to Section 3(a). Indemnitee’s
obligation to reimburse the Company for any Expense Advance shall be unsecured and no interest shall be charged thereon. If there has not been a Change in Control (as defined in Section 11(c) hereof), the Reviewing Party shall be selected by
the Board of Directors, and if there has been such a Change in Control (other than a Change in Control that has been approved by a majority of the Company’s Board of Directors who were directors immediately prior to such Change in Control), the
Reviewing Party shall be the Independent Legal Counsel referred to in Section 3(e) hereof. If there has been no determination by the Reviewing Party or if the Reviewing Party determines that Indemnitee substantively would not be permitted to be
indemnified in whole or in part under applicable law, Indemnitee shall have the right to commence litigation seeking an initial determination by the court or challenging any such determination by the Reviewing Party or any aspect thereof, including
the legal or factual bases therefor, and the Company hereby consents to service of process and to appear in any such proceeding. Any determination by the Reviewing Party otherwise shall be conclusive and binding on the Company and Indemnitee.

 (c) Contribution. If the indemnification provided for in Section 3(a) above is for any reason held by a court of competent
jurisdiction to be unavailable to an Indemnitee in respect of any losses, claims, damages, expenses or liabilities referred to therein (after a final judicial determination is made with respect thereto, and as to which all rights of appeal therefrom
have been exhausted or lapsed), then the Company, in lieu of indemnifying Indemnitee thereunder, shall contribute to the amount paid or payable by Indemnitee as a result of such losses, claims, damages, expenses or liabilities (i) in such
proportion as is appropriate to reflect the relative benefits received by the Company and Indemnitee, or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to
reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company and Indemnitee in connection with the action or inaction that resulted in such losses, claims, damages, expenses or liabilities,
as well as any other relevant equitable considerations. In connection with the registration of the Company’s securities, the relative benefits received by the Company and Indemnitee shall be deemed to be in the same respective proportions that
the net proceeds from the offering (before deducting expenses) received by the Company and the Indemnitee, in each case as set forth in the table on the cover page of the applicable prospectus, bear to the aggregate public offering price of the
securities so offered. The relative fault of the Company and Indemnitee shall be determined by reference to, among other things, whether the 
  

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 untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact
relates to information supplied by the Company or Indemnitee and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
 The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 3(c) were determined by pro rata or per capita
allocation or by any other method of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with the registration of the Company’s securities, in no event shall an
Indemnitee be required to contribute any amount under this Section 3(c) in excess of the lesser of (i) that proportion of the total of such losses, claims, damages or liabilities indemnified against equal to the proportion of the total
securities sold under such registration statement that is being sold by Indemnitee or (ii) the proceeds received by Indemnitee from its sale of securities under such registration statement. No person found guilty of fraudulent misrepresentation
(within the meaning of Section 10(f) of the Securities Act) shall be entitled to contribution from any person who was not found guilty of such fraudulent misrepresentation. 
 (d) Survival Regardless of Investigation. The indemnification and contribution provided for herein will remain in full force and effect regardless
of any investigation made by or on behalf of Indemnitee or any officer, director, employee, agent or controlling person of Indemnitee. 
 (e)
Change in Control. After the date hereof, the Company agrees that if there is a Change in Control of the Company (other than a Change in Control that has been approved by a majority of the Company’s Board of Directors who were directors
immediately prior to such Change in Control) then, with respect to all matters thereafter arising concerning the rights of Indemnitee to payments of Expenses under this Agreement or any other agreement or under the Company’s Certificate or
Bylaws as now or hereafter in effect, Independent Legal Counsel (as defined in Section 11(d) hereof) shall be selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld). Such counsel, among other
things, shall render its written opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be permitted to be indemnified under applicable law. The Company agrees to abide by such opinion and to pay the reasonable fees
of the Independent Legal Counsel referred to above and to fully indemnify such counsel against any and all reasonable expenses (including attorneys’ fees), claims, liabilities and damages arising out of or relating to this Agreement or its
engagement pursuant hereto. 
 (f) Mandatory Payment of Expenses. Notwithstanding any other provision of this Agreement, to the extent
that Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in the defense of any action, suit, proceeding, inquiry or investigation referred to in Section 3(a)
hereof or in the defense of any claim, issue or matter therein, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee in connection herewith. 
 4. Expenses; Indemnification Procedure. 
 (a) Advancement of Expenses. The Company shall
advance all Expenses incurred by Indemnitee. The advances to be made hereunder shall be paid by the Company to Indemnitee as soon as practicable but in any event no later than twenty five business days after written demand by Indemnitee therefor to
the Company. 
  

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 (b) Notice/Cooperation by Indemnitee. Indemnitee shall give the Company notice in writing in
accordance with Section 15 of this Agreement as soon as practicable of any Claim made against Indemnitee for which indemnification will or could be sought under this Agreement. 
 (c) No Presumptions; Burden of Proof. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with or
without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that a court has determined
that indemnification is not permitted by applicable law. In addition, neither the failure of the Reviewing Party to have made a determination as to whether Indemnitee has met any particular standard of conduct or had any particular belief, nor an
actual determination by the Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by Indemnitee to secure a judicial determination that Indemnitee should be
indemnified under applicable law, shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. In connection with any determination by the
Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder, the burden of proof shall be on the Company to establish that Indemnitee is not so entitled. 
 (d) Notice to Insurers. If, at the time of the receipt by the Company of a notice of a Claim pursuant to Section 4(b) hereof, the Company has
liability insurance in effect that may cover such Claim, the Company shall give prompt notice of the commencement of such Claim to the insurers in accordance with the procedures set forth in each of the Company’s policies. The Company shall
thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such action, suit, proceeding, inquiry or investigation in accordance with the terms of such policies.

 (e) Selection of Counsel. In the event the Company shall be obligated hereunder to pay the Expenses of any Claim, the Company shall
be entitled to assume the defense of such Claim, with counsel approved by the Indemnitee (which approval shall not be unreasonably withheld) upon the delivery to Indemnitee of written notice of its election to do so. After delivery of such notice,
approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the same Claim;
provided that (i) Indemnitee shall have the right to employ Indemnitee’s counsel in any such Claim at Indemnitee’s expense and (ii) if (A) the employment of counsel by Indemnitee has been previously authorized by the
Company, (B) Indemnitee shall have reasonably concluded that there is a conflict of interest between the Company and Indemnitee in the conduct of any such defense, or (C) the Company shall not continue to retain such counsel to defend such
Claim, then the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company. 
 5. Nonexclusivity.
The indemnification provided by this Agreement shall be in addition to any rights to which Indemnitee may be entitled under the Company’s Certificate of Incorporation, its Bylaws, any agreement, any vote of stockholders or disinterested
directors, the DGCL, or otherwise. The indemnification provided under this Agreement shall continue as to Indemnitee for any action Indemnitee took or did not take while serving in an indemnified capacity even though Indemnitee may have ceased to
serve in such capacity. 
  

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 6. No Duplication of Payments. The Company shall not be liable under this Agreement to make
any payment in connection with any Claim made against any Indemnitee to the extent Indemnitee has otherwise actually received payment (under any insurance policy, Certificate of Incorporation, Bylaws or otherwise) of the amounts otherwise
indemnifiable hereunder. 
 7. Partial Indemnification. If any Indemnitee is entitled under any provision of this Agreement to
indemnification by the Company for any portion of Expenses incurred in connection with any Claim, but not, however, for all of the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such Expenses to which
Indemnitee is entitled. 
 8. Mutual Acknowledgement. The Company and Indemnitee acknowledge that in certain instances, Federal
law or applicable public policy may prohibit the Company from indemnifying its directors, officers, employees, controlling persons, agents or fiduciaries under this Agreement or otherwise. Each Indemnitee understands and acknowledges that the
Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s rights under
public policy to indemnify Indemnitee. 
 9. Exceptions. Any other provision herein to the contrary notwithstanding, the
Company shall not be obligated pursuant to the terms of this Agreement: 
 (a) Claims Initiated by Indemnitee. To indemnify or advance
expenses to any Indemnitee with respect to Claims initiated or brought voluntarily by Indemnitee and not by way of defense, except (i) with respect to actions or proceedings to establish or enforce a right to indemnify under this Agreement or
any other agreement or insurance policy or under the Company’s Certificate of Incorporation or Bylaws now or hereafter in effect relating to Claims for Indemnifiable Events, (ii) in specific cases if the Board of Directors has approved the
initiation or bringing of such Claim, or (iii) as otherwise required under Section 145 of the DGCL, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advance expense payment or insurance
recovery, as the case may be; or 
 (b) Claims Under Section 16(b). To indemnify Indemnitee for expenses and the payment of
profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Exchange Act or any similar successor statute; or 
 (c) Claims Excluded Under Section 145 of the Delaware General Corporation Law. To indemnify Indemnitee if (i) Indemnitee did not act in good faith or in a manner reasonably believed by such Indemnitee
to be in or not opposed to the best interests of the Company, or (ii) with respect to any criminal action or proceeding, Indemnitee had reasonable cause to believe Indemnitee’s conduct was unlawful, or (iii) Indemnitee shall have been
adjudged to be liable to the Company unless and only to the extent the court in which such action was brought shall permit indemnification as provided in Section 145(b) of the DGCL. 
 10. Period of Limitations. No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company
against any Indemnitee, any Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives after the expiration of five years from the date of accrual of such cause of action, and any claim or cause of action of the Company
shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such four-year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of
action, such shorter period shall govern. 
 11. Construction of Certain Phrases. 
 (a) For purposes of this Agreement, references to the “Company” shall include, in addition to the resulting corporation, any
constituent corporation (including any constituent of a 
  

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 constituent) absorbed in a consolidation or merger that, if its separate existence had continued, would have had power
and authority to indemnify its directors, officers, employees, agents or fiduciaries, so that if Indemnitee is or was a director, officer, employee, agent, control person, or fiduciary of such constituent corporation, or is or was serving at the
request of such constituent corporation as a director, officer, employee, control person, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, Indemnitee shall stand in the same
position under the provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate existence had continued. 
 (b) For purposes of this Agreement, references to “other enterprises” shall include employee benefit plans; references to
“fines” shall include any excise taxes assessed on any Indemnitee with respect to an employee benefit plan; and references to “serving at the request of the Company” shall include any service as a
director, officer, employee, agent or fiduciary of the Company that imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or its beneficiaries; and
if any Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interests of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to
the best interests of the Company” as referred to in this Agreement. 
 (c) For purposes of this Agreement a “Change in
Control” shall be deemed to have occurred if (i) any “person” (as such term is used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act), other than a trustee or other fiduciary holding securities under an
employee benefit plan of the Company or a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company, who becomes the “beneficial
owner” (as defined in Rule 13d-3 under said Exchange Act), directly or indirectly, of securities of the Company representing more than 20% of the total voting power represented by the Company’s then outstanding Voting Securities,
(ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Company and any new director whose election by the Board of Directors or nomination for election by the
Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease
for any reason to constitute a majority thereof, or (iii) the stockholders of the Company approve a merger or consolidation of the Company with any other corporation other than a merger or consolidation that would result in the Voting
Securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into Voting Securities of the surviving entity) at least 80% of the total voting power represented by the
Voting Securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or
disposition by the Company of (in one transaction or a series of transactions) all or substantially all of the Company’s assets. 
 (d)
For purposes of this Agreement, “Independent Legal Counsel” shall mean an attorney or firm of attorneys, selected in accordance with the provisions of Section 3(e) hereof, who shall not have otherwise performed services
for the Company or any Indemnitee within the last three years (other than with respect to matters concerning the right of any Indemnitee under this Agreement, or of other indemnitees under similar indemnity agreements). 
  

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 (e) For purposes of this Agreement, a “Reviewing Party” shall mean any
appropriate person or body consisting of a member or members of the Company’s Board of Directors or any other person or body appointed by the Board of Directors who is not a party to the particular Claim for which Indemnitee is seeking
indemnification, or Independent Legal Counsel. 
 (f) For purposes of this Agreement, “Voting Securities” shall mean
any securities of the Company that vote generally in the election of directors. 
 12. Counterparts. This Agreement may be
executed in one or more counterparts, each of which shall constitute an original. 
 13. Binding Effect; Successors and
Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or
otherwise to all or substantially all of the business and/or assets of the Company, spouses, heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger,
consolidation or otherwise) to all, substantially all, or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of
whether any Indemnitee continues to serve as a director, officer, employee, agent, controlling person, or fiduciary of the Company or of any other enterprise, including subsidiaries of the Company, at the Company’s request. 
 14. Attorneys’ Fees. In the event that any action is instituted by an Indemnitee under this Agreement or under any liability insurance
policies maintained by the Company to enforce or interpret any of the terms hereof or thereof, any Indemnitee shall be entitled to be paid all Expenses incurred by Indemnitee with respect to such action (including, without limitation,
attorney’s fees), regardless of whether Indemnitee is ultimately successful in such action, and shall be entitled to the advancement of Expenses with respect to such action, unless, as a part of such action, a court of competent jurisdiction
over such action determines that the material assertions made by Indemnitee as a basis for such action were not made in good faith or were frivolous, provided, however, that until such determination is made, Indemnitee shall be
entitled to receive payment of Expense Advances hereunder with respect to such action. In the event of an action instituted by or in the name of the Company under this Agreement to enforce or interpret any of the terms of this Agreement, Indemnitee
shall be entitled to be paid all Expenses incurred by Indemnitee in defense of such action (including costs and expenses incurred with respect to Indemnitee counterclaims and cross-claims made in such action), and shall be entitled to the
advancement of Expenses with respect to such action, unless, as a part of such action, a court having jurisdiction over such action determines that each of the Indemnitee’s material defenses to such action was made in bad faith or were
frivolous. 
 15. Notice. All notices and other communications required or permitted hereunder shall be in writing, shall be
effective when given, and shall in any event be deemed to be given (a) five calendar days after deposit with the U.S. Postal Service or other applicable postal service, if delivered by first class mail, postage prepaid, (b) upon delivery,
if delivered by hand, (c) one business day after the business day of deposit with Federal Express or similar overnight courier, freight prepaid, or (d) one day after the business day of delivery by facsimile transmission, if deliverable by
facsimile transmission, with copy by first class mail, postage prepaid, and shall be addressed if to Indemnitee, at Indemnitee’s address as set forth beneath Indemnitee’s signature to this Agreement and if to the Company at the address of
its principal corporate offices (attention: Chief Executive Officer) or at such other address as such party may designate by ten calendar days’ advance written notice to the other party hereto. 
 16. Consent to Jurisdiction. The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of
Delaware for all purposes in connection with any action or proceeding that arises out of or relates to this Agreement and agree that any action instituted under this Agreement shall be 
  

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 commenced, prosecuted and continued only in the Court of Chancery of the State of Delaware in and for New Castle County,
which shall be the exclusive and only proper forum for adjudicating such a claim. 
 17. Severability. The provisions of this
Agreement shall be severable in the event that any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and
the remaining provisions shall remain enforceable to the fullest extent permitted by law. Furthermore, to the fullest extent possible, the provisions of this Agreement (including, without limitations, each portion of this Agreement containing any
provision held to be invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable. 

18. Choice of Law. This Agreement shall be governed by and its provisions construed and enforced in accordance with the laws of the
State of Delaware, as applied to contracts between Delaware residents, entered into and to be performed entirely within the State of Delaware, without regard to the conflict of laws principles thereof. 
 19. Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the
rights of recovery of Indemnitee who shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 
 20. Amendment and Termination. No amendment, modification, termination or cancellation of this Agreement shall be effective unless it is in
writing signed by all parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 21. Integration and Entire Agreement. This Agreement sets forth the entire understanding between the parties hereto and
supersedes and merges all previous written and oral negotiations, commitments, understandings and agreements relating to the subject matter hereof between the parties hereto. 
 22. No Construction as Employment Agreement. Nothing contained in this Agreement shall be construed as giving the Indemnitee any right to
be retained in the employ of the Company or any of its subsidiaries. 
 23. Corporate Authority. The Board of Directors of the
Company has approved the terms of this Agreement. 
 [Signature page follows.] 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Indemnification Agreement on and as of
the day and year first above written. 
  

			
	COMPANY:
	
	COMVERGE, INC.
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	INDEMNITEE:     
	  

	  

  

 102006 Bonus for Executive Officers

 Exhibit 10.22 
 

 
 FY2006 Comverge CEO Bonus Plan 
 Bonus Philosophy: The objective of the CEO bonus is to create incentives to align with shareholders in the overriding objective of enhancing shareholder value. As such, the primary driver for the bonus will be achievement of the
Minimum Level of Financial Goals, with the secondary driver being achievement of the Non-Financial Goals. Once it is determined as to the level of success in achieving a combination of these goals, a Multiplier Factor will be applied based on the
level of valuation for the company as determined by an M&A event or an IPO (prior to March 31, 2007). 
  

			
	Target Cash Bonus:    	  	75% of base salary, or a target of $187,500.00 (comprised of $178,500.00 PLUS $9,000.00 from 3% participation in the VPC Bonus Pool)

 Financial Goals: 
  

							
	 Goal
	  	 Min Level
 (approx.     % of Target)
	  	Target Level
	 Revenue
	  	$	            	  	$	            
	 EBITDA
	  	$	 	  	$	 
	 YE Cash Balance
	  	$	 	  	$	 

 Non-Financial Goals: 
  

	 	a.	Prepare the company to access the public markets for a significant equity raise. 

  

	 	b.	Access sources of debt financing so that company’s equity is appropriately leveraged. 

  

	 	c.	Achieve an overall level of achievement of at least 80% of non-financial objectives established for the Executive team. 

 Determination of Percentage of Target Bonus: 
 Financial Goals Achieved 
  

											
	 Non-financial
 Goals Achieved
	 	3	 	 	2	 	 	1	 	0
	3	 	100	%	 	80	%	 	60	 	10
	2	 	85	%	 	60	%	 	30	 	5
	1	 	70	%	 	40	%	 	20	 	0
	0	 	50	%	 	20	%	 	10	 	0

  

 CEO BONUS PLAN 2006 
 Page 1 

 Multiplier of Bonus: Determined by Share Value in the event of an IPO or M&A event (share value calculated by
averaging the closing price of the shares for the first twenty trading days). 
  

				
	 Share Value
	  	Multiplier	 
	 $5-5.99
	  	90	%
	 $6-6.99
	  	100	%
	 $7-7.99
	  	110	%
	 $8-8.99
	  	125	%
	 $9-9.99
	  	150	%
	 $10 and above
	  	25	% each dollar increase

  

					
	AGREED AND APPROVED BY:	 		 	
			
	 /s/ Robert M. Chiste
	 		 	 May 12, 2006

	Robert M. Chiste	 		 	Date

  

 CEO BONUS PLAN 2006 
 Page 2 

 

 
 FY2006 Comverge President/COO Enterprise Group Bonus Plan 
 Bonus Philosophy: The objective of the Enterprise Group President/CCO bonus is to create incentives to align with shareholders in the overriding objective of
enhancing, shareholder value by attaining financial and non-financial, goals in the Enterprise Group as well as assisting/supporting Comverge, Inc. to attain its objectives. As such, the primary driver for the bonus will be achievement of Enterprise
Group Financial Goals and share in the VPC Bonus Pool (25% share), with the secondary driver being achievement of the Comverge, Inc. Financial Goals and the Enterprise Group Non-Financial Goals. 
  

			
	Target Cash Bonus:    	  	75% of base salary, or a target of $161,250.00 ($46,250.00 from attainment of Enterprise and Converge Inc. Goals and $115,000.00 from VPC Pool).

  

				
	VPC Pool Target (25% share)	  	$	115,000
	Enterprise Target	  	$	20,250
	Comverge, Inc. Target	  	$	14,000
	Solutions (Product Sale) Target	  	$	12,000
		  	 	 
	 Total
	  	$	161,250

  

	A.	Non-Financial Goals: 

  

	 	•	 	Objective l: Create a scaleable Data Network Operations Center 

  

	 	•	 	Objective 2: Implement processes to support Enterprise Operations needs for accurate and timely data and financial support 

  

	 	•	 	Objective 3: Fully understand rules for utility rate recover potential for VPC offering top 5-10 states 

  

	 	•	 	Objective 4: Develop, and operationalize commercial and industrial offers in VPC footprints 

  

	 	•	 	Objective 5: Develop a VPC offering based on both 1.) a customer controlled price responsive system and 2.) utilization of Broadband over Powerline (BPL) Network.

  

	 	•	 	Objective 6: Obtain broad recognition of Comverge proprietary M&V system and develop plan to market as product/service 

  

	B.	Financial Goals - Enterprise Group ($20,250 Target) 

  

					
	 Financial Goals
	  	Target Level	 
	 Revenue
	  	$	 	 
	 EBITDA
	  	$	 	 
	 Gross Profit %age
	  	 	 	%

  

 Magnotti 2006 Bonus Plan b.doc 
 Page 1 

 Determination of Percentage of $20,250 Target Bonus 
 Financial Goals Achieved 
  

													
	 Non-financial
 Goals Achieved
	 	3	 	 	2	 	 	1	 	 	0	 
	6	 	100	%	 	80	%	 	60	%	 	10	%
	5	 	85	%	 	60	%	 	30	%	 	5	%
	4	 	70	%	 	40	%	 	20	%	 	0	%
	3	 	50	%	 	20	%	 	10	%	 	0	%
	2	 	30	%	 	10	%	 	0	%	 	0	%

  

	C.	Financial Goals - Comverge, Inc. ($14,000.00 target) 

  

					
	 Financial Goals
	  	Target Level	 
	Revenue	  	$	 	 
	EBITDA	  	$	 	 
	Gross Profit %age	  	 	 	%
	Cash Balance Yr End	  	$	 	 

 Determination of Percentage of $14,000 Target Bonus 
 Financial Goals Achieved* 
  

										
	4	 	3	 	 	2	 	 	1	 
	100%	 	50	%	 	15	%	 	0	%

	*	If less than 5 Non-Financial goals are met, then these percentages are to be divided by 2 (i.e. cut by 50%) 

  

	D.	Solutions (Product Sales) Group ($12,000.00 target) 

 For each new Enterprise Group VPC or Turnkey, or other Comverge sale in which Mr. Magnotti plays a key role in securing such sale, which creates Solutions Group bookings (excluding internal sales) of
$             or more in bookings to be shipped through 2007, .1% of such amount (i.e. $             on $
            ). 
  

					
	AGREED AND APPROVED BY:	 		 	
			
	 /s/ Frank A. Magnotti
	 		 	 5-8-06

	Frank A. Magnotti	 		 	Date

  

 Magnotti 2006 Bonus Plan b.doc 
 Page 2 

 

 
 FY2006 Comverge President/COO Enterprise Group Bonus Plan 
 Bonus Philosophy: The objective of the Solutions Group Pres/CCO bonus is to create incentives to align with shareholders in the overriding objective of enhancing
shareholder value by attaining financial and non-financial goals in the Solutions Group as well as assisting/supporting the Enterprise Group to attain its objectives. As such, the primary driver for the bonus will be achievement of Solutions Group
Financial Goals, with the secondary driver being achievement of the Solutions Group Non-Financial Goals. An additional component of the overall bonus will be a sharing of 4% of the VPC Bonus Pool and bonus associated with overall Comverge, Inc.
success. 
  

			
	Target Cash Bonus:    	  	40% of base salary (plus a 5% 2006 “adder”) or a target of $90,000 ($62,000 from attainment of Solutions Goals and $18,000 from VPC Pool). PLUS an additional 2006 bonus of 5% ($10,000)
based on attainment of the Comverge, Inc. financial targets

 A. Financial Goals (Solutions Group): 
 Note: Revenue and Gross Profit % are pre Eliminations; EBITDA is pre eliminations and post allocations; and Cash Balance is for Comverge, Inc. All targets are at 90% of plan.

  

					
	 Goal
	  	Target Level	 
	Revenue	  	$	    	 
	EBITDA	  	$	    	 
		
	Gross Profit %age	  	 	 	%
		
	Cash Balance Year End	  	$	    	 

 B. Non-Financial Goals: 
  

	 	•	 	Objective l: Accelerate growth by broadening acceptance of newer product solutions set and adding new customers 

  

	 	•	 	Objective 2: Improve Operational Excellence with emphasis on Customer, Cost and Cash metrics 

  

	 	•	 	Objective 3: Improve engineering effectiveness and drive innovation 

  

	 	•	 	Objective 4. Flawless execution on Gulf Power Amendment 7 deliverables 

  

	 	•	 	Objective 5: Complete seamless knowledge transfer from Israel operation 

  

	 	•	 	Objective 6: Improve on all aspects of quality throughout organization (entire company) 

  

	 	•	 	Objective 7: Improve customer satisfaction of Technical Services operation 

  

 Myszka 2006 Bonus Plan v1.doc 
 Page 1 

	 	•	 	Objective 8: Improve installation efficiencies and relationships at Gulf Power 

 C. Financial Goals - Comverge, Inc. ($10,000.00 Target) 
  

					
	 Financial Goals
	  	Target Level	 
	 Revenue
	  	$	 	 
	 EBITDA
	  	$	 	 
	 Gross Profit %age
	  	 	 	%
	 Cash Balance Yr End
	  	$	 	 

 Determination of Percentage of Comverge, Inc. Target Bonus 
 Financial Goals Achieved 
  

													
	 	 	4	 	 	3	 	 	2	 	 	1	 
	Final	 	100	%	 	50	%	 	15	%	 	0	%

 Determination of Percentage of $72,000.00 Target Bonus: 
 Solutions Group Financial Goals Achieved 
  

											
	 Non-financial
 Goals Achieved
	 	4	 	 	3	 	 	2	 	1
	8	 	100	%	 	80	%	 	60	 	10
	7	 	85	%	 	60	%	 	30	 	5
	5-6	 	70	%	 	40	%	 	20	 	0
	3-4	 	50	%	 	20	%	 	10	 	0

  

					
	AGREED AND APPROVED BY:	 		 	
			
	 /s/ Edward G. Myszka
	 		 	 6•13•06

	Edward G. Myszka	 		 	Date

  

 Myszka 2006 Bonus Plan v1.doc 
 Page 2 

 

 
 FY2006 Comverge Chief Accounting Officer Bonus Plan 
 Bonus Philosophy: The objective of the Chief Accounting Officer bonus is to create incentives to align with shareholders in the overriding objective of enhancing shareholder value. As such, the primary driver
for the bonus will be achievement of Financial Goals, with the secondary driver being achievement of the Non-Financial Goals. You will also participant in the VPC Bonus Pool. Once it is determined as to the level of success in achieving a
combination of these goals, a Multiplier Factor will be applied based on the level of valuation for the company as determined by an M&A event or an IPO (prior to March 31, 2007). 
  

			
	Target Cash Bonus:    	  	30% of base salary, or a target of $48,250, comprised of $34,000 from the Comverge, Inc. Financial Goals and $14,000 from the VPC Bonus Pool (assuming that the Enterprise Group meets its 2006
goals)

 Comverge, Inc. Financial Goals: 
  

					
	 Goal
	  	Target Level	 
	Revenue	  	$	 	 
	EBITDA	  	$	 	 
	Gross Profit %age	  	 	 	%
	Year End Cash Balance	  	$	 	 

 Non-Financial Goals: 
  

	 	•	 	Objective 1: Create and maintain an Executive “Dashboard” for critical metrics tracked for each executive area 

  

	 	•	 	Objective 2: Develop corporate compliance program for Sarbanes-Oxley 

  

	 	•	 	Objective 3: Perform risk assessment of key control areas for high exposure activities 

  

	 	•	 	Objective 4: Establish job costing/product profitability reporting 

  

	 	•	 	Objective 5: Re-visit Project Finance opportunities for VPC business with the increased critical mass 

  

 Picchi 2006 Bonus Plan 
 Page 1 

 Determination of Percentage of $48,000.00 Target Bonus: 
 Financial Goals Achieved 
  

											
	 Non-financial
 Goals
	 	4	 	 	3	 	 	2	 	1
	5	 	100	%	 	80	%	 	60	 	10
	4	 	85	%	 	60	%	 	30	 	5
	3	 	70	%	 	40	%	 	20	 	0
	2	 	50	%	 	20	%	 	10	 	0
	1	 	30	%	 	10	%	 	0	 	0

 Multiplier of Bonus: Determined by Share Value in the event of a sale or IPO prior to March 31, 2007
(share value calculated by averaging the closing price on the first 20 trading days after the IPO). 
  

				
	 Share Value
	  	Multiplier	 
	 $5-5.99
	  	90	%
	 $6-6.99
	  	100	%
	 $7-7.99
	  	110	%
	 $8-8.99
	  	125	%
	 $9- and above
	  	150	%

  

			
	AGREED AND APPROVED BY:	 	
		
	 /s/ Michael Picchi
	 	 May 30, 2006

	Michael Picchi	 	Date

  

 Picchi 2006 Bonus Plan 
 Page 2 

 

 
 FY2006 Comverge CFO Bonus Plan 
 Bonus Philosophy: The objective of the CFO/General Counsel bonus is to create incentives to align with shareholders in the overriding objective of enhancing shareholder value. As such, the primary driver for the bonus will be
achievement of Financial Goals, with the secondary driver being achievement of the Non-Financial Goals. You will also be a participant in the VPC Bonus Pool. Once it is determined as to the level of success in achieving a combination of these goals,
a Multiplier Factor will be applied based on the level of valuation for the company as determined by an M&A event or an IPO (prior to March 31, 2007). 
  

			
	Target Cash Bonus:    	  	10% of base salary, or a target of $18,250.00 PLUS $14,000.00 from participation (at 3% level) in the VPC Bonus Pool (assuming the VPC 2006 targets are attained)

 Financial Goals: 
  

					
	 Goal
	  	Target Level	 
	Revenue	  	$	 	 
	EBITDA	  	$	 	 
	Gross Profit %age	  	 	 	%
	Year End Cash Balance	  	$	 	 

 Non-Financial Goals: 
  

	 	a.	Formalize and implement a formalized Software Licensing strategy 

  

	 	b.	Develop a Contract Abstract/Contract Administration plan 

  

	 	c.	Establish a regulatory database and lead regulatory affairs of the company 

 Determination of Percentage of $ 32,250.00 Target Bonus: 
 Financial Goals Achieved 
  

													
	 Non-financial
 Goals
	 	4	 	 	3	 	 	2	 	 	1	 
	3	 	100	%	 	80	%	 	60	%	 	20	%
	2	 	85	%	 	60	%	 	30	%	 	10	%
	1	 	70	%	 	40	%	 	20	%	 	0	 
	0	 	50	%	 	20	%	 	10	%	 	0	 

  

 CFO GENERAL COUNSEL BONUS PLAN 2006 
 Page 1 

 Multiplier of Bonus: Determined by Share Value in the event of an IPO or sale prior to March 31, 2007 (share
value calculated by averaging the closing price on the first 20 trading days after the IPO). 
  

				
	 Share Value
	  	Multiplier	 
	 $5-5.99
	  	90	%
	 $6-6.99
	  	100	%
	 $7-7.99
	  	110	%
	 $8-8.99
	  	125	%
	 $9- and above
	  	150	%

  

			
	AGREED AND APPROVED BY:	 	
		
	 /s/ T. Wayne Wren
	 	 6•6•06

	T. Wayne Wren	 	Date

  

 CFO GENERAL COUNSEL BONUS PLAN 2006 
 Page 2 

 

 
 FY2006 Comverge VP Product Management/Marketing Bonus Plan 
 Bonus Philosophy: The objective of the VP Product Management/Marketing bonus is to create incentives to align with shareholders in the overriding objective of
enhancing shareholder value. As such, the primary driver for the bonus will be achievement of Financial Goals, with the secondary driver being achievement of Non-Financial Goals. You also are a participant in the VPC Bonus Pool. Once it is
determined as to the level of success in achieving a combination of these goals, a Multiplier Factor will be applied based on the level of success in achieving a combination of these goals, a Multiplier Factor will be applied based on the level of
valuation for the company as determined by an M&A event or an IPO (prior to March 31, 2007). 
  

			
	Target Cash Bonus:    	  	40% of base salary (average for 2006) or a target of $57,000.00 which will be comprised of $43,000,00 (based on the Comverge, Inc. Financial Goals) and $14,000.00 (based on participation in the
VPC Bonus Pool assuming the Enterprise Group attains its 2006 goals)

 Financial Goals: 
  

					
	 Goal
	  	Target Level	 
	 Revenue
	  	$	 	 
	 EBITDA
	  	$	 	 
	 Gross Profit %age
	  	 	 	%

 Non-Financial Goals: 
  

	 	•	 	Objective l: Deliver new Load Management System software package to market 

  

	 	•	 	Objective 2: Integrate an out-sourced PR firm and launch pre-IPO PR/Media campaign 

  

	 	•	 	Objective 3: Establish revenue generating partnership with a AMI company to integrate our DR offering 

  

	 	•	 	Objective 4. Build case for at least one new hardware offering for Solutions Group 

  

	 	•	 	Objective 5: Develop marketing campaign to primarily address regulations, C-Level utility execs, media, and potential investors 

  

	 	•	 	Objective 6: Develop a comprehensive approach to crate and monitor alliances to ensure success 

  

 Vos 2006 Bonus Plan.doc 
 Page 1 

 Determination of Percentage of $57,000.00 Target Bonus: 
 Financial Goals Achieved 
  

													
	 Non-financial
 Goals Achieved
	 	3	 	 	2	 	 	1	 	 	0	 
	6	 	100	%	 	80	%	 	60	%	 	10	%
	5	 	85	%	 	60	%	 	30	%	 	5	%
	4	 	70	%	 	40	%	 	20	%	 	0	%
	3	 	50	%	 	20	%	 	10	%	 	0	%
	2	 	30	%	 	10	%	 	0	%	 	0	%

 Multiplier of Bonus: Determined by Share Value in the event of an IPO or sale prior to March 31, 2007
(share value calculated by averaging the closing price on the first 20 trading days after the IPO). 
  

				
	 Share Value
	  	Multiplier	 
	 $5-5.99
	  	90	%
	 $6-6.99
	  	100	%
	 $7-7.99
	  	110	%
	 $8-8.99
	  	125	%
	 $9- and above
	  	150	%

  

					
	AGREED AND APPROVED BY:	 		 	
			
	 /s/ Arthur Vos
	 		 	 6/17/06

	Arthur Vos	 		 	Date

  

 Vos 2006 Bonus Plan.doc 
 Page 2

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