Document:

Unassociated Document

    

    CONTRIBUTION
      AGREEMENT

    

    CONTRIBUTION
      AGREEMENT, dated as of May __, 2008, is entered into among each of the Obligors
      referred to below.

    

    WITNESSETH:

    

    WHEREAS,
      contemporaneously herewith, Composite Technology Corporation, a Nevada
      corporation (the “Borrower”),
      each
      subsidiary of the Borrower listed as a “Guarantor” on the signature pages
      thereto (together with any other Person that guarantees all or any part of
      the
      Obligations (as defined in the Financing Agreement), each a “Guarantor”
and
      collectively, the “Guarantors”),
      the
      lenders from time to time party thereto (each a “Lender”
and
      collectively, the “Lenders”),
      and
      ACF CTC, L.L.C., a Delaware limited liability company, as agent for the Lenders
      (the “Agent”),
      have
      entered into a Financing Agreement, dated as of the date hereof (such agreement,
      as amended, restated, supplemented or otherwise modified from time to time,
      including any replacement agreement therefor, being hereinafter referred to
      as
      the “Financing
      Agreement”);

    

    WHEREAS,
      the Guarantors have guaranteed the repayment of the Obligations owing by the
      Borrower to the Lenders under the Financing Agreement and each of the other
      Loan
      Documents (as defined in the Financing Agreement) pursuant to its Guaranty
      made
      under Article XI of the Financing Agreement or under any other Guaranty (as
      defined in the Financing Agreement) to which it is a party; and

    

    WHEREAS,
      in order to induce the Lenders to enter into the Financing Agreement and to
      effect an equitable sharing of the Obligors' (as defined below) risks thereunder
      and to establish certain rights and obligations of contribution among the
      Obligors with respect to the Secured Obligations (as defined below), each of
      the
      Obligors wishes to enter into this Agreement;

    

    NOW,
      THEREFORE, in consideration of the premises and other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      parties hereto agree as follows:

    

    1.
       Defined
      Terms.
      Any and
      all initially capitalized terms used herein shall have the meanings ascribed
      thereto in the Financing Agreement, unless specifically defined
      herein.

    

    (a)
       The
      following terms, as used in this Agreement, shall have the following
      meanings:

    

    “Agreement”
means
      this Contribution Agreement, together with any and all future additions,
      alterations, amendments, changes, extensions, modifications, renewals,
      substitutions, or supplements hereto or hereof.

    

    “Net
      Worth”
has
      the
      meaning set forth in Section 2 hereof.

    

    “Obligors”
means
      the Guarantors and the Borrower.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    “Payment
      Percentage”
has
      the
      meaning set forth in Section 2 hereof.

    

    “Secured
      Obligations”
shall
      mean all liabilities, obligations, or undertakings owing by the Obligors to
      the
      Agent or the Lenders of any kind or description arising out of or outstanding
      under, advanced or issued pursuant to, or evidenced by the Financing Agreement
      or any of the other Loan Documents irrespective of whether for the payment
      of
      money, whether direct or indirect, absolute or contingent, due or to become
      due,
      voluntary or involuntary, whether now existing or hereafter arising, and
      including all interest (including any interest that, but for the provisions
      of
      the Bankruptcy Code, would have accrued) and any and all costs, fees (including
      reasonable attorneys fees), and expenses (including any fees and expenses that,
      but for the provisions of the Bankruptcy Code would have accrued) which the
      Obligors are required to pay pursuant to any of the foregoing, by law, or
      otherwise. 

    

    (b)
       The
      definitions of terms herein shall apply equally to the singular and plural
      forms
      of the terms defined. Whenever the context may require, any pronoun shall
      include the corresponding masculine, feminine and neuter forms. The words
“include”, “includes” and “including” shall be deemed to be followed by the
      phrase “without limitation”. The word “will” shall be construed to have the same
      meaning and effect as the word “shall”. Unless the context requires otherwise,
      (i) any definition of or reference to any agreement, instrument or other
      document herein shall be construed as referring to such agreement, instrument
      or
      other document as from time to time amended, supplemented or otherwise modified
      (subject to any restrictions on such amendments, supplements or modifications
      set forth herein), (ii) any reference herein to any Person shall be construed
      to
      include such Person's successors and assigns, (iii) the words “herein”, “hereof”
and “hereunder”, and words of similar import, shall be construed to refer to
      this Agreement in its entirety and not to any particular provision hereof,
      (iv)
      all references herein to Articles, Sections, Exhibits and Schedules shall be
      construed to refer to Articles and Sections of, and Exhibits and Schedules
      to,
      this Agreement and (v) the words “asset” and “property” shall be construed to
      have the same meaning and effect and to refer to any and all tangible and
      intangible assets and properties, including cash, securities, accounts and
      contract rights. All of the exhibits or schedules attached to this Agreement
      shall be deemed incorporated herein by reference.

    

    2.
       Right
      of Contribution.
      If any
      Obligor makes a payment in respect of the Secured Obligations that is less
      than
      its Payment Percentage (as calculated below) of the Secured Obligations, then,
      upon indefeasible payment in full in cash of the Secured Obligations, the
      Obligor making such proportionately smaller payment shall pay to the other
      Obligors that amount which is necessary such that the net payments made by
      all
      Obligors in respect of the Secured Obligations are shared among Obligors pro
      rata according to their respective Payment Percentages. If any Obligor receives
      any payment in respect of the Secured Obligations that is greater than its
      Payment Percentage (as calculated below) of the Secured Obligations, then the
      Obligor receiving such proportionately greater payment shall pay to the other
      Obligors that amount which is necessary such that the payments received by
      all
      Obligors shall be shared among all Obligors pro rata according to their
      respective Payment Percentages.

    

    Each
      Obligor's “Payment Percentage” shall be the percentage calculated by dividing
      (a) the Net Worth of such Obligor by (b) the sum of the Net Worth of
      all of the Obligors, which Payment Percentage is subject to redetermination
      or
      adjustment as hereinafter set forth. Notwithstanding anything to the contrary
      contained herein, (i) the Guarantors shall have no contribution obligations
      under this Section 2 unless a Guarantor makes a payment in respect of the
      Secured Obligations, and (ii) the Net Worth of each Guarantor shall be included
      in the calculation of each Obligor's Payment Percentage only to the extent
      a
      Guarantor makes a payment in respect of the Secured Obligations.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    For
      purposes of the calculation (and any recalculation) of any particular Obligor's
      Payment Percentage, such Obligor's “Net Worth” shall mean the amount, calculated
      as of the date such Obligor became a signatory to this Agreement, by which
      the
      sum of all of such Obligor's assets is
      greater than the sum of all of such Obligor's debts, at fair valuations, and
      after giving effect to the inclusion and exclusion of the matters included
      and
      excluded in determining whether a debtor is insolvent according to Section
      548
      of Title 11 of the United States Code; provided,
      however,
      that
      for the purpose of determining the “Net Worth” of any Obligor, no value shall be
      given to such Obligor's equity interest in any other Obligor.

    

    This
      Section 2 shall constitute a continuing offer to all Persons who, in
      reliance upon such provisions, become holders of, or continue to hold, any
      of
      the Secured Obligations, and such provisions are made for the benefit of the
      holders of any of the Secured Obligations, and such holders are made obligees
      hereunder and any of them may enforce the provisions of this Section
      2.

    

    3.
       Right
      of Contribution Constitutes an Asset.
      Each of
      the Obligors hereto acknowledges that the right to contribution hereunder shall
      constitute an asset of the Obligor to which such right is owing, but shall
      not
      be considered part of such Obligor's “Net Worth” for the purposes of the
      calculation of such Obligor's Payment Percentage pursuant to Section 2
      hereof.

    

    4.
       Representations
      and Warranties.
      Each
      Obligor hereto represents and warrants to each other party hereto and to their
      respective successors and assigns that:

    

    (a)
       the
      execution, delivery, and performance by such Obligor of this Agreement (i)
      have
      been duly authorized by all necessary action, (ii) do not and will not
      contravene its charter or by-laws, its limited liability company or operating
      agreement or its certificate of partnership or partnership agreement, as
      applicable, or any applicable law or any contractual restriction binding on
      or
      otherwise affecting it or any of its properties, (iii) do not and will not
      result in or require the creation of any Lien (other than pursuant to any Loan
      Document) upon or with respect to any of its properties, and (iv) do not and
      will not result in any default, noncompliance, suspension, revocation,
      impairment, forfeiture or nonrenewal of any permit, license, authorization
      or
      approval applicable to its operations or any of its properties, and

    

    (b)
       this
      Agreement constitutes the legal, valid and binding obligation of such Obligor
      hereto, enforceable against such party in accordance with its terms, except
      as
      may be limited by (i) bankruptcy, insolvency, reorganization, moratorium or
      other similar laws and principles of equity and (ii) the fact that rights to
      contribution thereunder may be limited by federal or state securities
      laws.

    

    5.
       No
      Waivers; Remedies.
      No
      failure on the part of any Obligor to exercise, and no delay in exercising,
      any
      right hereunder shall operate as a waiver thereof; nor shall any single or
      partial exercise of any right hereunder preclude any other or further exercise
      thereof or the exercise of any other right. The rights and remedies of any
      Obligor or any other Person hereunder provided herein are cumulative and are
      in
      addition to, and not exclusive of, any rights or remedies provided by law.
      The
      rights of any Obligor hereunder against any party hereto are not conditional
      or
      contingent on any attempt by such Obligor to exercise any of its rights under
      any other document, agreement or instrument against such party or against any
      other Person.

     

    
      
        
        

      

      
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    6.
       Amendments.
      No
      amendment or waiver of any provision of this Agreement, and no consent to any
      departure by any Obligor therefrom, shall in any event be effective unless
      the
      same shall be in writing and signed by the Agent, and then such waiver or
      consent shall be effective only in the specific instance and for the specific
      purpose for which given.

    

    7.
       Successors
      and Assigns.
      The
      provisions of this Agreement shall be binding upon and inure to the benefit
      of
      the parties hereto and their respective successors and assigns.

    

    8.
       GOVERNING
      LAW.
      THIS
      AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
      THE
      STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED IN THE STATE
      OF NEW YORK.

     

    9.
       CONSENT
      TO JURISDICTION; SERVICE OF PROCESS AND VENUE.
      ANY
      LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT MAY BE BROUGHT IN
      THE
      COURTS OF THE STATE OF NEW YORK IN THE COUNTY OF NEW YORK OR OF THE UNITED
      STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND, BY EXECUTION
      AND DELIVERY OF THIS AGREEMENT, EACH OBLIGOR HEREBY IRREVOCABLY ACCEPTS IN
      RESPECT OF ITS PROPERTY, GENERALLY AND UNCONDITIONALLY, THE JURISDICTION OF
      THE
      AFORESAID COURTS.
      EACH OF
      THE OBLIGORS HEREBY IRREVOCABLY APPOINTS THE SECRETARY OF STATE OF THE STATE
      OF
      NEW YORK AS ITS AGENT FOR SERVICE OF PROCESS IN RESPECT OF ANY SUCH ACTION
      OR
      PROCEEDING AND FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF
      ANY
      OF THE AFOREMENTIONED COURTS AND IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING
      OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, CARE OF
      THE
      BORROWER AT ITS ADDRESS FOR NOTICES AS SET FORTH IN SECTION 12.01 OF THE
      FINANCING AGREEMENT AND TO THE SECRETARY OF STATE OF THE STATE OF NEW YORK,
      SUCH
      SERVICE TO BECOME EFFECTIVE TEN (10) DAYS AFTER SUCH MAILING. NOTHING HEREIN
      SHALL AFFECT THE RIGHT OF THE AGENT AND THE LENDERS TO SERVICE OF PROCESS IN
      ANY
      OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE
      PROCEED AGAINST ANY OBLIGOR IN ANY OTHER JURISDICTION. EACH OBLIGOR HEREBY
      EXPRESSLY AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY
      OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE JURISDICTION OR LAYING
      OF
      VENUE OF ANY SUCH LITIGATION BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND
      ANY
      CLAIM THAT ANY SUCH LITIGATION HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. TO
      THE
      EXTENT THAT ANY OBLIGOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY FROM
      JURISDICTION OF ANY COURT OR FROM ANY LEGAL PROCESS (WHETHER THROUGH SERVICE
      OR
      NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION OR
      OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, EACH OBLIGOR HEREBY
      IRREVOCABLY WAIVES SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS UNDER THIS
      AGREEMENT AND THE OTHER LOAN DOCUMENTS.

     

    
      
        
        

      

      
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    10.
       WAIVER
      OF JURY TRIAL, ETC. EACH
      OBLIGOR,
      THE
      AGENT AND EACH LENDER HEREBY WAIVES ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION,
      PROCEEDING OR COUNTERCLAIM CONCERNING ANY RIGHTS UNDER THIS AGREEMENT, OR UNDER
      ANY AMENDMENT, WAIVER, CONSENT, INSTRUMENT, DOCUMENT OR OTHER AGREEMENT
      DELIVERED OR WHICH IN THE FUTURE MAY BE DELIVERED IN CONNECTION THEREWITH,
      OR
      ARISING FROM OR EXISTING IN CONNECTION WITH THIS AGREEMENT, AND AGREES THAT
      ANY
      SUCH ACTION, PROCEEDING OR COUNTERCLAIM SHALL BE TRIED BEFORE A COURT AND NOT
      BEFORE A JURY. EACH
      OBLIGOR
      CERTIFIES THAT NO OFFICER, REPRESENTATIVE, AGENT OR ATTORNEY OF THE AGENT OR
      ANY
      LENDER HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT THE AGENT OR ANY LENDER
      WOULD NOT, IN THE EVENT OF ANY ACTION, PROCEEDING OR COUNTERCLAIM, SEEK TO
      ENFORCE THE FOREGOING WAIVERS. EACH
      OBLIGOR
      HEREBY
      ACKNOWLEDGES THAT THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE AGENT AND
      THE
      LENDERS ENTERING INTO THIS AGREEMENT.

    

    11.
       Headings.
      Headings used in this Agreement are for convenience of reference only and shall
      neither constitute a part of this Agreement for any other purpose nor affect
      the
      construction of this Agreement.

    

    12.
       No
      Inconsistent Requirements.
      In the
      event of a direct conflict between the terms and provisions contained in this
      Agreement and the terms and provisions contained in the Financing Agreement,
      it
      is the intention of the parties hereto that such terms and provisions in such
      documents shall be read together and construed, to the fullest extent possible,
      to be in concert with each other. In the event of any actual, irreconcilable
      conflict that cannot be resolved as aforesaid, the terms and provisions of
      the
      Financing Agreement shall control and govern.

    

    13.
       Reliance.
      Each of
      the Obligors hereby agrees that this Agreement may be relied upon by the Agent
      and the Lenders, that the Agent and the Lenders shall be intended third party
      beneficiaries hereof, enforceable by the Agent and the Lenders against the
      Obligors and that this Agreement shall constitute a Loan Document for all
      purposes. 

    

    14.
       Counterparts.
      This
      Agreement may be executed in any number of counterparts and by different parties
      hereto in separate counterparts, each of which shall be deemed to be an
      original, but all of which taken together shall constitute one and the same
      agreement. Delivery of an executed counterpart of this Agreement by telecopier
      or electronic transmission shall be equally as effective as delivery of an
      original executed counterpart of this Agreement. Any party delivering an
      executed counterpart of this Agreement by telecopier or electronic transmission
      also shall deliver an original executed counterpart of this Agreement but the
      failure to deliver an original executed counterpart shall not affect the
      validity, enforceability, and binding effect of this Agreement.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    15.
       Additional
      Obligor.
      Pursuant to Section 7.01(b) of the Financing Agreement, certain additional
      Subsidiaries of Parent may be required to guarantee the Obligations and, in
      connection therewith, to enter into this Agreement as a Guarantor and an
      Obligor. Upon execution and delivery, after the date hereof, by such Subsidiary
      of a supplement to this Agreement, in form and substance satisfactory to the
      Agent, such Subsidiary shall become a Guarantor and an Obligor hereunder with
      the same force and effect as if originally named as an Obligor hereunder. The
      execution and delivery of any such instrument shall not require the consent
      of
      any of the existing Obligors hereunder. The rights and obligations of each
      Obligor hereunder shall remain in full force and effect notwithstanding the
      addition of any new Obligor as a party to this Agreement.

    

    

    [Remainder
      of this Page Intentionally Left Blank.]

    

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
      by
      their respective officers thereunto duly authorized, as of the date first above
      written.
      

    

      
        	 	
                OBLIGORS:

              
	 	 	 
	 	
                BORROWER:

              
	 	 	 
	 	
                COMPOSITE
                  TECHNOLOGY CORPORATION

              
	 	 	 
	 	 	 
	 	
                By:

              	     

	 	 	
                Name:

              
	 	
                 

              	
                Title:

              
	 	 	 
	 	 
	 	
                GUARANTORS:

              
	 	 	 
	 	
                CTC
                  CABLE CORPORATION

              
	 	 	 
	 	 	 
	 	
                By:
                  

              	        

	 	 	
                Name:
                  

              
	 	 	
                Title:
                  

              
	 	 	 
	 	 	 
	 	
                TRANSMISSION
                  TECHNOLOGY CORPORATION

              
	 	 	 
	 	
                By:
                  

              	 

	 	 	
                Name:
                  

              
	 	 	
                Title:

              
	 	 	 
	 	 	 
	 	
                CTC
                  TOWERS & POLES CORPORATION

              
	 	 	 
	 	
                By:
                  

              	     

	 	 	
                Name:
                  

              
	 	 	
                Title:

              
	 	 	 
	 	 	 
	 	
                DEWIND,
                  INC.

              
	 	 	 
	 	
                By:
                  

              	      

	 	 	
                Name:
                  

              
	 	 	
                Title:

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	 	
                EU
                  ENERGY INC.

              
	 	 	 
	 	
                By:
                  

              	   

	 	 	
                Name:
                  

              
	 	 	
                Title:

              
	 	 	 
	 	
                EU
                  ENERGY NORTH AMERICA, INC

              
	 	 	 
	 	
                By:
                  

              	   

	 	 	
                Name:
                  

              
	 	 	
                Title:Unassociated Document

    INTERCOMPANY
      SUBORDINATION AGREEMENT

    

    

    THIS
      INTERCOMPANY
      SUBORDINATION AGREEMENT (this “Agreement”), dated as of April __, 2008, is made
      by the Obligors (as defined below) in favor of ACF CTC, L.L.C., a Delaware
      limited liability company, in its capacity as agent (in such capacity, together
      with any successor in such capacity, the ”Agent”)
      on
      behalf of itself and the Lenders referred to below.

    

    WITNESSETH:

    

    WHEREAS,
      Composite Technology Corporation, a Nevada corporation (the “Borrower”),
      each
      subsidiary of the Borrower listed as a “Guarantor”
on
      the
      signature pages thereto (together with each other Person that executes a joinder
      agreement and becomes a “Guarantor” thereunder or otherwise guaranties all or
      any part of the Obligations, each a “Guarantor”
and,
      collectively, the “Guarantors”),
      the
      financial institutions from time to time party thereto (each a “Lender”
and,
      collectively, the ”Lenders”),
      and
      the Agent are parties to the Financing Agreement, dated as of the date hereof
      (such agreement, as amended, restated, supplemented or otherwise modified from
      time to time, being hereinafter referred to as the “Financing
      Agreement”),
      pursuant to which the Lenders have agreed to make that certain Loan described
      in
      the Financing Agreement (the “Loan”)
      to the
      Borrower; 

    

    WHEREAS,
      in order to induce the Agent and the Lenders to enter into the Financing
      Agreement, each of the Guarantors has guaranteed pursuant to Article XI of
      the
      Financing Agreement or executed and delivered a Guaranty in favor of the Agent,
      for the benefit of the Agent and the Lenders, with respect to certain of the
      obligations owing by the Borrower to the Agent and the Lenders pursuant to
      the
      Financing Agreement;

    

    WHEREAS,
      each Obligor has made or may make certain loans or advances from time to time
      to
      one or more other Obligors; and

    

    WHEREAS,
      each Obligor has agreed to the subordination of such indebtedness of each other
      Obligor to such Obligor, upon the terms and subject to the conditions set forth
      in this Agreement.

    

    NOW,
      THEREFORE, in consideration of the premises and the agreements herein and in
      order to induce the Agent and the Lenders to make and maintain the Loan pursuant
      to the Financing Agreement, the Obligors hereby jointly and severally agree
      with
      the Agent and the Lenders as follows:

    

    SECTION
      1 Definitions;
      Interpretation.

    

    (a) Terms
      Defined in Financing Agreement.
      All
      capitalized terms used in this Agreement and not otherwise defined herein shall
      have the meanings assigned to them in the Financing Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (b) Certain
      Defined Terms.
      As used
      in this Agreement, the following terms shall have the following
      meanings:

    

    “Additional
      Obligor”
has
      the
      meaning set forth in Section 16 hereto.

    

    “Insolvency
      Event”
has
      the
      meaning set forth in Section 3 hereto.

    

    “Obligors”
means,
      collectively, the Borrower, the Guarantors, the Affiliates of the Borrower
      signatories hereto and any Additional Obligors.

    

    “Senior
      Debt”
means,
      collectively, the Obligations (as defined in the Financing
      Agreement)
      and the
      Guaranteed Obligations (as defined in each Guaranty).

    

    “Subordinated
      Debt”
means,
      with respect to each Obligor, all indebtedness, liabilities, and other
      obligations of any other Obligor owing to such Obligor in respect of any and
      all
      loans or advances made by such Obligor to such other Obligor whether now
      existing or hereafter arising, and whether due or to become due, absolute or
      contingent, liquidated or unliquidated, determined or undetermined, including
      all fees and all other amounts payable by any other Obligor to such Obligor
      under or in connection with any documents or instruments related
      thereto.

    

    “Subordinated
      Debt Payment”
means
      any payment or distribution by or on behalf of the Obligors, directly or
      indirectly, of assets of the Obligors of any kind or character, whether in
      cash,
      property, or securities, including on account of the purchase, redemption,
      or
      other acquisition of Subordinated Debt, as a result of any collection, sale,
      or
      other disposition of collateral, or by setoff, exchange, or in any other manner,
      for or on account of the Subordinated Debt.

    

    (c) Interpretation.
      The
      definitions of terms herein shall apply equally to the singular and plural
      forms
      of the terms defined. Whenever the context may require, any pronoun shall
      include the corresponding masculine, feminine and neuter forms. The words
“include”, “includes” and “including” shall be deemed to be followed by the
      phrase “without limitation”. The word “will” shall be construed to have the same
      meaning and effect as the word “shall”. Unless the context requires otherwise,
      (i) any definition of or reference to any agreement, instrument or other
      document herein shall be construed as referring to such agreement, instrument
      or
      other document as from time to time amended, restated supplemented or otherwise
      modified (subject to any restrictions on such amendments, restatements
      supplements or modifications set forth herein), (ii) any reference herein to
      any
      Person shall be construed to include such Person's successors and assigns,
      (iii)
      the words “herein”, “hereof”, “hereby” and “hereunder”, and words of similar
      import, shall be construed to refer to this Agreement in its entirety and not
      to
      any particular provision hereof, (iv) all references herein to Articles,
      Sections, Subsections, Clauses, Exhibits, Schedules and Annexes shall be
      construed to refer to Sections of, Subsections of, Clauses of, Exhibits to,
      Schedules to and Annexes to, this Agreement, and (v) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer
      to any and all tangible and intangible assets and properties, including cash,
      securities, accounts and contract rights. References to statutes or regulations
      are to be construed as including all statutory and regulatory provisions
      consolidating, amending, or replacing the statute or regulation referred to.
      The
      captions and headings contained herein are for convenience of reference only
      and
      shall not affect the construction of this Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SECTION
      2 Subordination
      to Payment of Senior Debt.
      As to
      each Obligor, all payments on account of the Subordinated Debt shall be subject,
      subordinate, and junior, in right of payment and exercise of remedies, to the
      extent and in the manner set forth herein, to the prior payment, in full, in
      cash or cash equivalents of the Senior Debt.

    

    SECTION
      3 Subordination
      Upon Any Distribution of Assets of the Obligors.
      As to
      each Obligor, in the event of any payment or distribution of assets of any
      other
      Obligor of any kind or character, whether in cash, property, or securities,
      upon
      the dissolution, winding up, or total or partial liquidation or reorganization,
      readjustment, arrangement, or similar proceeding relating to such other Obligor
      or its property, whether voluntary or involuntary, or in an Insolvency
      Proceeding, or upon any other marshaling or composition of the assets and
      liabilities of such other Obligor, or otherwise (such events, collectively,
      the
“Insolvency
      Events”):
      (a)
      all amounts owing on account of the Senior Debt shall first be paid in full
      in
      cash, or payment provided for in cash or in cash equivalents, before any
      Subordinated Debt Payment is made; and (b) to the extent permitted by applicable
      law, any Subordinated Debt Payment to which such Obligor would be entitled
      except for the provisions hereof, shall be paid or delivered by the trustee
      in
      bankruptcy, receiver, assignee for the benefit of creditors, or other
      liquidating agent making such payment or distribution directly to the Agent
      (or
      its designee) for the benefit of the Agent and the Lenders for application
      to
      the payment of the Senior Debt in accordance with clause (a), after giving
      effect to any concurrent payment or distribution or provision therefor to the
      Agent and the Lenders in respect of such Senior Debt.

    

    SECTION
      4 Payments
      on Subordinated Debt.
      

    

    (a) Permitted
      Payments.
      To the
      extent expressly permitted by the Financing Agreement and so long as no Event
      of
      Default shall have occurred and be continuing, each Obligor may make, and each
      other Obligor shall be entitled to accept and receive, payments on account
      of
      the Subordinated Debt in the ordinary course of business.

    

    (b) No
      Payment Upon Senior Debt Defaults.
      Upon
      the occurrence of any Event of Default, and until such Event of Default is
      cured
      or waived, each Obligor shall not make, and each other Obligor shall not accept
      or receive, any Subordinated Debt Payment.

    

    SECTION
      5 Subordination
      of Remedies.
      As long
      as any Senior Debt shall remain outstanding and unpaid, following the occurrence
      of any Event of Default and until such Event of Default is cured or waived,
      no
      Obligor shall, without the prior written consent of the Agent:

    

    (a) accelerate,
      make demand, or otherwise make due and payable prior to the original due date
      thereof any Subordinated Debt or bring suit or institute any other actions
      or
      proceedings to enforce its rights or interests in respect of the obligations
      of
      any other Obligor owing to such Obligor;

    

    (b) exercise
      any rights under or with respect to guaranties of the Subordinated Debt, if
      any;

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (c) exercise
      any rights to set-offs and counterclaims in respect of any indebtedness,
      liabilities, or obligations of such Obligor to any other Obligor against any
      of
      the Subordinated Debt; or 

    

    (d) commence,
      or cause to be commenced, or join with any creditor other than the Agent or
      any
      Lender, in commencing, any Insolvency Proceeding, or receivership proceeding
      against any other Obligor.

    

    SECTION
      6 Payment
      Over to Agent.
      In the
      event that, notwithstanding the provisions of Sections 3, 4, and 5, any
      Subordinated Debt Payments shall be received in contravention of such Sections
      3, 4, and 5 by any Obligor before the date on which all Senior Debt is paid,
      in
      full, in cash or cash equivalents, such Subordinated Debt Payments shall be
      held
      in trust for the benefit of the Agent and the Lenders and shall be paid over
      or
      delivered to the Agent (or its designee) for the benefit of the Lenders for
      application to the payment in full in cash or cash equivalents, of all Senior
      Debt remaining unpaid to the extent necessary to give effect to such Sections
      3,
      4, and 5, after giving effect to any concurrent payments or distributions to
      the
      Agent and the Lenders in respect of the Senior Debt.

    

    SECTION
      7 Authorization
      to Agent.
      If,
      while any Subordinated Debt is outstanding, any Insolvency Event shall occur
      and
      be continuing with respect to any other Obligor or its property: (a) the
      Agent hereby is irrevocably authorized and empowered (in the name of each
      Obligor or otherwise), but shall have no obligation, to demand, sue for,
      collect, and receive every payment or distribution in respect of the
      Subordinated Debt and give acquittance therefor and to file claims and proofs
      of
      claim and take such other action (including voting the Subordinated Debt) as
      it
      may deem necessary or advisable for the exercise or enforcement of any of the
      rights or interests of the Agent and the Lenders; and (b) each Obligor shall
      promptly take such action as the Agent reasonably may request (i) to collect
      the
      Subordinated Debt for the account of the Agent and the Lenders and to file
      appropriate claims or proofs of claim in respect of the Subordinated Debt,
      (ii)
      to execute and deliver to the Agent such powers of attorney, assignments, and
      other instruments as it may request to enable it to enforce any and all claims
      with respect to the Subordinated Debt, and (iii) to collect and receive any
      and
      all Subordinated Debt Payments.

    

    SECTION
      8 Certain
      Agreements of Each Obligor.

    

    (a) No
      Benefits.
      Each
      Obligor understands that there may be various agreements between the Agent
      or
      any Lender and any other Obligor evidencing and governing the Senior Debt,
      and
      each Obligor acknowledges and agrees that such agreements are not intended
      to
      confer any benefits on such Obligor and that the Agent and the Lenders shall
      have no obligation to such Obligor or any other Person to exercise any rights,
      enforce any remedies, or take any actions which may be available to them under
      such agreements.

    

    (b) No
      Interference.
      Each
      Obligor acknowledges that each other Obligor has granted to the Agent for the
      benefit of the Agent and the Lenders a Lien on the Collateral of such Obligor
      and agrees not to interfere with or in any manner oppose a disposition of any
      Collateral by the Agent and the Lenders, in accordance with applicable law
      and
      the terms of the applicable Loan Documents.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (c) Reliance
      by the Agent and the Lenders.
      Each
      Obligor acknowledges and agrees that the Agent and the Lenders will have relied
      upon and will continue to rely upon the subordination provisions provided for
      herein and the other provisions hereof in entering into the Loan Documents
      and
      making the financial accommodations thereunder.

    

    (d) Waivers.
      Except
      as provided under the Financing Agreement, each Obligor hereby waives any and
      all notice of the incurrence of the Senior Debt or any part thereof and any
      right to require marshaling of assets.

    

    (e) Obligations
      of Each Obligor Not Affected.
      Each
      Obligor hereby agrees that at any time and from time to time, without notice
      to
      or the consent of such Obligor, without incurring responsibility to such
      Obligor, and without impairing or releasing the subordination provided for
      herein or otherwise impairing the rights of the Agent and the Lenders hereunder:
      (i) the time for any other Obligor's performance of or compliance with any
      of
      its agreements contained in the Loan Documents may be extended or such
      performance or compliance may be waived by the Agent and the Lenders; (ii)
      the
      agreements of any other Obligor with respect to the Loan Documents may from
      time
      to time be modified by such other Obligor and the Agent and the Lenders for
      the
      purpose of adding any requirements thereto or changing in any manner the rights
      and obligations of such other Obligor or the Agent and the Lenders thereunder;
      (iii) the manner, place, or terms for payment of Senior Debt or any portion
      thereof may be altered or the terms for payment extended, or the Senior Debt
      may
      be renewed in whole or in part; (iv) the maturity of the Senior Debt may be
      accelerated in accordance with the terms of any present or future agreement
      by
      any other Obligor and the Agent and the Lenders; (v) any Collateral may be
      sold,
      exchanged, released, or substituted and any Lien in favor of the Agent may
      be
      terminated, subordinated, or fail to be perfected or become unperfected; (vi)
      any Person liable in any manner for Senior Debt may be discharged, released,
      or
      substituted; and (vii) all other rights against any other Obligor, any other
      Person, or with respect to any Collateral may be exercised (or the Agent and
      the
      Lenders may waive or refrain from exercising such rights).

    

    (f) Rights
      of the Agent and the Lenders Not to Be Impaired.
      No
      right of the Agent or any Lender to enforce the subordination provided for
      herein or to exercise its other rights hereunder shall at any time in any way
      be
      prejudiced or impaired by any act or failure to act by any Obligor, the Agent
      or
      any Lender hereunder or under or in connection with the other Loan Documents
      or
      by any noncompliance by any Obligor with the terms and provisions and covenants
      herein or in any other Loan Document, regardless of any knowledge thereof the
      Agent or any Lender may have or otherwise be charged with.

    

    (g) Financial
      Condition of the Obligors.
      Except
      as provided under the Financing Agreement, each Obligor shall not have any
      right
      to require the Agent or any Lender to obtain or disclose any information with
      respect to: (i) the financial condition or character of any other Obligor or
      the
      ability of any other Obligor to pay and perform Senior Debt; (ii) the Senior
      Debt; (iii) the Collateral or other security for any or all of the Senior Debt;
      (iv) the existence or nonexistence of any guarantees of, or any other
      subordination agreements with respect to, all or any part of the Senior Debt;
      (v) any action or inaction on the part of the Agent, any Lender or any other
      Person; or (vi) any other matter, fact, or occurrence whatsoever.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (h) Acquisition
      of Liens or Guaranties.
      No
      Obligor shall without the prior consent of the Agent, acquire any right or
      interest in or to any Collateral not owned by such Obligor or accept any
      guaranties for the Subordinated Debt.

     

    SECTION
      9 Subrogation.

    

    (a) Subrogation.
      Until
      the payment and performance in full in cash of all Senior Debt, no Obligor
      shall
      have, or not directly or indirectly exercise, any rights that such Obligor
      may
      acquire by way of subrogation under this Agreement, by any payment or
      distribution to the Agent and the Lenders hereunder or otherwise. Upon the
      payment and performance in full in cash of all Senior Debt, each Obligor shall
      be subrogated to the rights of the Agent and the Lenders to receive payments
      or
      distributions applicable to the Senior Debt until the Subordinated Debt shall
      be
      paid in full. For the purposes of the foregoing subrogation, no payments or
      distributions to the Agent or any Lender of any cash, property, or securities
      to
      which any Obligor would be entitled except for the provisions of Section 3,
      4,
      or 5 shall, as among such Obligor, its creditors (other than the Agent and
      the
      Lenders), and any other Obligor, be deemed to be a payment by any other Obligor
      to or on account of the Senior Debt.

    

    (b) Payments
      Over to the Obligors.
      If any
      payment or distribution to which any Obligor would otherwise have been entitled
      but for the provisions of Section 3, 4, or 5 shall have been applied pursuant
      to
      the provisions of Section 3, 4, or 5 to the payment of all amounts payable
      under
      the Senior Debt, such Obligor shall be entitled to receive from the Agent and
      the Lenders any payments or distributions received by the Agent and the Lenders
      in excess of the amount sufficient to pay in full in cash all amounts payable
      under or in respect of the Senior Debt. If any such excess payment is made
      to
      the Agent and the Lenders, the Agent and the Lenders shall promptly remit such
      excess to such Obligor and until so remitted shall hold such excess payment
      for
      the benefit of such Obligor.

    

    SECTION
      10 Continuing
      Agreement; Reinstatement.

    

    (a) Continuing
      Agreement.
      This
      Agreement is a continuing agreement of subordination and shall continue in
      effect and be binding upon each Obligor until payment and performance in full
      in
      cash of the Senior Debt (excluding indemnification obligations as to which
      no
      claim has been made). The subordinations, agreements, and priorities set forth
      herein shall remain in full force and effect regardless of whether any party
      hereto in the future seeks to rescind, amend, terminate, or reform, by
      litigation or otherwise, its respective agreements with any other
      Obligor.

    

    (b) Reinstatement.
      This
      Agreement shall continue to be effective or shall be reinstated, as the case
      may
      be, if, for any reason, any payment of the Senior Debt by or on behalf of any
      other Obligor shall be rescinded or must otherwise be restored by the Agent
      and
      the Lenders, whether as a result of an Insolvency Event or
      otherwise.

    

    SECTION
      11 Transfer
      of Subordinated Debt.
      No
      Obligor may assign or transfer its rights and obligations in respect of the
      Subordinated Debt without the prior written consent of the Agent, which consent
      shall not be unreasonably withheld or delayed and any such assignment without
      the Agent's prior written consent shall be null and void. Any such transferee
      or
      assignee, as a condition to acquiring an interest in the Subordinated Debt
      shall
      agree to be bound hereby, in form satisfactory to the Agent.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SECTION
      12 Obligations
      of the Obligors Not Affected.
      The
      provisions of this Agreement are intended solely for the purpose of defining
      the
      relative rights of each Obligor against the other Obligors, on the one hand,
      and
      of the Agent and the Lenders against the Obligors, on the other hand. Nothing
      contained in this Agreement shall (i) impair, as between each Obligor and the
      other Obligors, the obligation of each other Obligor to pay its respective
      obligations with respect to the Subordinated Debt as and when the same shall
      become due and payable, or (ii) otherwise affect the relative rights of
      each Obligor against the other Obligors, on the one hand, and of the creditors
      (other than the Agent and the Lenders) of the other Obligors against the other
      Obligors, on the other hand.

    

    SECTION
      13 Endorsement
      of Obligor Documents; Further Assurances and Additional Acts.

    

    (a) Endorsement
      of Obligor Documents.
      At the
      request of the Agent, all documents and instruments evidencing any of the
      Subordinated Debt, if any, shall be endorsed with a legend in form and substance
      reasonably satisfactory to the Agent noting that such documents and instruments
      are subject to this Agreement, and each Obligor shall promptly deliver to the
      Agent evidence of the same.

    

    (b) Further
      Assurances and Additional Acts.
      Each
      Obligor shall execute, acknowledge, deliver, file, notarize, and register at
      its
      own expense all such further agreements, instruments, certificates, financing
      statements, documents, and assurances, and perform such acts as the Agent
      reasonably shall deem necessary or appropriate to effectuate the purposes of
      this Agreement, and promptly provide the Agent with evidence of the foregoing
      reasonably satisfactory in form and substance to the Agent.

    

    SECTION
      14 Costs
      and Expenses.

    

    (a) Payments
      by the other Obligor.
      Each of
      the Obligors jointly and severally agrees to pay to the Agent (or its designee)
      on demand the out-of-pocket costs and expenses of the Agent and the Lenders,
      and
      the reasonable fees and disbursements of counsel to the Agent, in connection
      with the negotiation, preparation, execution, delivery, and administration
      of
      this Agreement, and any amendments, modifications, or waivers of the terms
      thereof.

    

    (b) Payments
      by the Obligors.
      Each of
      the Obligors jointly and severally agrees to pay to the Agent on demand all
      reasonable costs and expenses of the Agent and the Lenders, and the fees and
      disbursements of counsel to the Agent, in connection with the enforcement or
      attempted enforcement of, and preservation of rights or interests under, this
      Agreement, including any losses, costs and expenses sustained by the Agent
      or
      any Lender as a result of any failure by any Obligor to perform or observe
      its
      obligations contained in this Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SECTION
      15 Miscellaneous.

    

    (a) Notices.
      All
      notices and other communications provided for hereunder shall, unless otherwise
      stated herein, be in writing and shall be mailed, telecopied, or delivered
      in
      accordance with the notice provisions contained in the Financing
      Agreement.

    

    (b) No
      Waiver; Cumulative Remedies.
      No
      failure on the part of the Agent or any Lender to exercise, and no delay in
      exercising, any right, remedy, power or privilege hereunder or under any other
      Loan Document shall operate as a waiver thereof, nor shall any single or partial
      exercise of any such right, remedy, power or privilege hereunder or under any
      other Loan Document preclude any other or further exercise thereof or the
      exercise of any other right, remedy, power or privilege. The rights and remedies
      under this Agreement are cumulative and not exclusive of any rights, remedies,
      powers and privileges that may otherwise be available to the Agent and the
      Lenders.

    

    (c) Survival.
      All
      covenants, agreements, representations and warranties made in this Agreement
      shall, except to the extent otherwise provided herein, survive the execution
      and
      delivery of this Agreement, and shall continue in full force and effect so
      long
      as any Senior Debt remains unpaid in full.

    

    (d) Benefits
      of Agreement.
      This
      Agreement is entered into for the sole protection and benefit of the parties
      hereto and their respective successors and assigns, and no other Person shall
      be
      a direct or indirect beneficiary of, or shall have any direct or indirect cause
      of action or claim in connection with, this Agreement.

    

    (e) Binding
      Effect.
      This
      Agreement shall be binding upon, inure to the benefit of and be enforceable
      by
      each Obligor, the Agent and each Lender and their respective successors and
      permitted assigns except that no Obligor shall have the right to assign its
      rights hereunder or any interest herein without the prior written consent of
      the
      Agent.

    

    (f) GOVERNING
      LAW.
      THIS
      AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
      THE
      STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED IN THE STATE
      OF NEW YORK.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (g) CONSENT
      TO JURISDICTION; SERVICE OF PROCESS AND VENUE.
      ANY
      LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN
      DOCUMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK IN THE COUNTY
      OF
      NEW YORK OR OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF
      NEW
      YORK, AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH OF THE OBLIGORS
      HEREBY IRREVOCABLY ACCEPTS IN RESPECT OF ITS PROPERTY, GENERALLY AND
      UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS.
      EACH
OF
      THE
      OBLIGORS
      HEREBY
      IRREVOCABLY APPOINTS THE SECRETARY OF STATE OF THE STATE OF NEW YORK AS ITS
      AGENT FOR SERVICE OF PROCESS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING AND
      FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE
      AFOREMENTIONED COURTS AND IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF
      COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO THE BORROWER
      AT ITS ADDRESS FOR NOTICES AS SET FORTH IN THE FINANCING AGREEMENT AND TO THE
      SECRETARY OF STATE OF THE STATE OF NEW YORK, SUCH SERVICE TO BECOME EFFECTIVE
      10 DAYS AFTER SUCH MAILING. EACH OBLIGOR
      AGREES
      THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE
      AND
      MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER
      MANNER PROVIDED BY LAW. NOTHING HEREIN SHALL AFFECT THE RIGHT OF THE AGENT
      AND
      THE LENDERS TO SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO
      COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST ANY OBLIGOR IN ANY
      OTHER
      JURISDICTION. EACH OBLIGOR
      HEREBY
      EXPRESSLY AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY
      OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE JURISDICTION OR LAYING
      OF
      VENUE OF ANY SUCH LITIGATION BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND
      ANY
      CLAIM THAT ANY SUCH LITIGATION HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. TO
      THE
      EXTENT THAT ANY OBLIGOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY FROM
      JURISDICTION OF ANY COURT OR FROM ANY LEGAL PROCESS (WHETHER THROUGH SERVICE
      OR
      NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION OR
      OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, EACH OBLIGOR
      HEREBY
      IRREVOCABLY WAIVES SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS UNDER THIS
      AGREEMENT AND THE OTHER LOAN DOCUMENTS.

    

    (h) Entire
      Agreement.
      This
      Agreement constitutes the entire agreement of each of the Obligors with respect
      to the matters set forth herein and shall not be contradicted or qualified
      by
      any other agreement, oral or written, before the date hereof.

    

    (i) Amendments
      and Waivers.
      No
      amendment or waiver of any provision of this Agreement or consent to any
      departure by any Obligor therefrom, shall in any event be effective unless
      the
      same shall be in writing and signed by each of the Obligors and the Agent.
      Any
      such amendment, waiver, or consent shall be effective only in the specific
      instance and for the specific purpose for which given.

    

    (j) Conflicts.
      In case
      of any conflict or inconsistency between any terms of this Agreement, on the
      one
      hand, and any documents or instruments in respect of the Subordinated Debt,
      on
      the other hand, then the terms of this Agreement shall control.

    

    (k) Severability.
      Any
      provision of this Agreement which is prohibited or unenforceable in any
      jurisdiction shall, as to such jurisdiction, be ineffective to the extent of
      such prohibition or unenforceability without invalidating the remaining portions
      hereof or affecting the validity or enforceability of such provision in any
      other jurisdiction.

    

    (l) Interpretation.
      This
      Agreement is the result of negotiations between, and has been reviewed by the
      respective counsel to, the Obligors, the Agent and the Lenders and is the
      product of all parties hereto. Accordingly, this Agreement shall not be
      construed against the Agent and the Lenders merely because of their involvement
      in the preparation hereof.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (m) Counterparts;
      Telecopy Execution.
      This
      Agreement may be executed in any number of counterparts and by different parties
      hereto in separate counterparts, each of which when so executed shall be deemed
      to be an original and all of which taken together shall constitute but one
      and
      the same agreement. Delivery of an executed counterpart of this Agreement by
      telecopy or electronic mail shall be equally effective as delivery of an
      original executed counterpart of this Agreement. Any party delivering an
      executed counterpart of this Agreement by telecopy or electronic mail also
      shall
      deliver an original executed counterpart of this Agreement but the failure
      to
      deliver an original executed counterpart shall not affect the validity,
      enforceability, and binding effect of this Agreement.

    

    (n) Termination
      of Agreement.
      Upon
      payment and performance in full in cash of the Senior Debt, this Agreement
      shall
      terminate and the Agent on behalf of the Lenders shall promptly execute and
      deliver to each Obligor such documents and instruments as shall be reasonably
      necessary and available to evidence such termination.

    

    SECTION
      16 Additional
      Obligors.
      The
      initial Obligors hereunder shall be such of the Obligors as are signatories
      hereto as of the date hereof. From time to time subsequent to the date hereof,
      additional Obligors, as required by the Financing Agreement or the other Loan
      Documents, may become parties hereto, as additional Obligors (each, an
“Additional
      Obligor”),
      by
      executing and delivering a counterpart of this Agreement. Upon delivery of
      any
      such counterpart to the Agent, notice of which is hereby waived by any other
      Obligor, each such Additional Obligor shall be an Obligor and shall be as fully
      a party hereto as if such Additional Obligor were an original signatory hereof.
      Each Obligor expressly agrees that its obligations arising hereunder shall
      not
      be affected or diminished by the addition or release of any other Obligor
      hereunder. This Agreement shall be fully effective as to any Obligor that is
      or
      becomes a party hereto regardless of whether any other Person becomes or fails
      to become or ceases to be an Obligor hereunder.

    

    [Signature
      Page Follows] 

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Agreement, as of
      the
      date first above written. 

    

      
        	 	
                OBLIGORS:

              	 
	 	 	 	 	 	 
	 	
                COMPOSITE
                  TECHNOLOGY CORPORATION

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	   
	 
	 	
                Name:
                  

              	  
	 
	 	
                Title:
                  

              	     
	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
                AGENT
                  AND LENDER:

              	 
	 	 	 	 	 	 
	 	
                ACF
                  CTC, L.L.C.

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	 
	 
	 	
                Name:
                  

              	Eric Edidin	 
	 	
                Title:
                  

              	Authorized
                Representative	 
	 	 	 	 	 	 
	 	 	 
	 	
                GUARANTORS:

              	 
	 	 	 	 	 	 
	 	
                CTC
                  CABLE CORPORATION

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	  
	 
	 	
                Name:
                  

              	  
	 
	 	
                Title:
                  

              	  
	 
	 	 	 	 	 	 
	 	 	 
	 	
                TRANSMISSION
                  TECHNOLOGY CORPORATION

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	   
	 
	 	
                Name:
                  

              	      
	 
	 	
                Title:
                  

              	     
	 

 

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        	 	
                CTC
                  TOWERS & POLES CORPORATION

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	   
	 
	 	
                Name:
                  

              	    
	 
	 	
                Title:
                  

              	      
	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	
                DEWIND,
                  INC.

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	    
	 
	 	
                Name:
                  

              	  
	 
	 	
                Title:
                  

              	 
	 
	 	 	 	 	 	 
	 	 	 
	 	
                EU
                  ENERGY INC.

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	 
	 
	 	
                Name:
                  

              	   
	 
	 	
                Title:
                  

              	   
	 
	 	 	 	 	 	 
	 	 	 
	 	
                EU
                  ENERGY NORTH AMERICA, INC

              	 
	 	 	 	 	 	 
	 	
                By:
                  

              	    
	 
	 	
                Name:
                  

              	       
	 
	 	
                Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00142-of-00352.parquet"}]]