Document:

exv4w2

 

Exhibit 4.2

EXECUTION COPY

AMENDED AND RESTATED FIRST OFFER AND CO-SALE AGREEMENT

     This AMENDED AND RESTATED FIRST OFFER AND CO-SALE AGREEMENT (the “Agreement”) is made as of
the 3rd day of August, 2007, by and among Orion Energy Systems, Inc., a Wisconsin corporation (the
“Company”), the officers and directors of the Company listed on Schedule A hereto (the
“Shareholders”), Clean Technology Fund II, LP (“CTF”), CapVest Venture Fund, LP “(CapVest”),
Technology Transformation Venture Fund, LP (“TTVF’) and GE Capital Equity Investments, Inc. (“GE”).
CTF, CapVest and TTVF are collectively referred to herein as the “Series C Investors” and the
Series C Investors and GE are collectively referred to herein as the “Investors.” The Investors,
together with any transferee of (i) the Series C Senior Convertible Preferred Stock (the “Series C
Preferred Stock”); (ii) the Convertible Subordinated Promissory Notes (the “Notes”) issued pursuant
to that certain Strategic Alliance and Note Purchase Agreement, dated as of the date hereof (the
“Note Purchase Agreement”); or (iii) common stock issuable upon the conversion of either of the
Series C Preferred Stock or the Notes that is subject to the terms of this Agreement, are also
herein referred to as “Investors.” This Agreement shall supersede a certain First Offer and
Co-Sale Agreement, dated as of July 31, 2006 and the Joinder thereto dated as of September 28, 2006
(collectively, the “Original Agreement”), and such Original Agreement shall be terminated and all
rights and obligations pursuant thereto shall be of no further force and effect as of the date
hereof.

WITNESSETH:

     WHEREAS, the Company and the Investors are parties to the Note Purchase Agreement pursuant to
which the Investors are purchasing the Notes;

     WHEREAS, the Company and the Shareholders wish to enter into this Agreement to provide
inducement to the Investors to purchase the Notes;

     WHEREAS, the Company, the Shareholders and the Series C Investors entered into the Original
Agreement in connection with the purchase and sale of Series C Preferred Stock, pursuant to Stock
Purchase Agreements dated as of July 31, 2006 and September 28, 2006 (collectively, the “Series C
Purchase Agreement”); and

     WHEREAS, under Section 10 of the Original Agreement, the Original Agreement may be amended by
the written consent of the Company and the holders of a majority of the Company’s Common Stock
(assuming full conversion of all shares of Preferred Stock owned by all of the Series C Investors
at the conversion rate effective on the date herewith);

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

     1. Definitions.

     For purposes of this Agreement, the following terms have the meanings specified below:

 

 

          (a) Common Stock. “Common Stock” means the Common Stock of the Company.

          (b) Delivery. “Delivery” has the meaning set forth in Section 6 below.

          (c) Equity Securities. “Equity Securities” means any securities now or hereafter
owned or held by a Holder (or a transferee in accordance with Section 2.3 herein), or any
securities evidencing an ownership interest in the Company, or any securities convertible into or
exercisable for any shares of the foregoing.

          (d) Holders. “Holders” means each of the Investors and Shareholders or persons who
have acquired Equity Securities from any Investor or Shareholder or the transferees or assignees of
an Investor or Shareholder in accordance with the provisions of Section 2.3 or Section 3 of this
Agreement.

          (e) Independent Director. “Independent Director” has the same meaning as set forth in
the Company’s Amended and Restated Articles of Incorporation dated as of July 31, 2006.

          (f) Preferred Stock. “Preferred Stock” means the Preferred Stock of the Company.

          (g) QIPO. “QIPO” means the closing of the sale of shares of Common
Stock at a price to the public, on or before August 3, 2009, of at least $11.23 per share, and
after such date, of at least $13.47 per share (subject to appropriate adjustment for stock splits,
stock dividends, combinations and other similar recapitalizations affecting such shares), in a
firm-commitment underwritten public offering pursuant to an effective registration statement under
the Securities Act of 1933, as amended, resulting in at least $30,000,000 of net proceeds to the
Company after deduction of underwriters’ commissions and expenses payable by the Company.

          (h) Transfer. “Transfer” shall include any sale, assignment, encumbrance,
hypothecation, pledge, conveyance in trust, gift, transfer by bequest, devise or descent, or other
transfer or disposition of any kind, including, but not limited to, transfers pursuant to divorce
or legal separation, transfers to receivers, levying creditors, trustees or receivers in bankruptcy
proceedings or general assignees for the benefit of creditors, whether voluntary, involuntarily or
by operation of law, directly or indirectly, of any of the Equity Securities.

     2. Agreements Among the Parties.

     2.1 Investors’ Rights of First Offer.

          (a) If at any time a Shareholder desires to make a Transfer or series of related Transfers of
Equity Securities (and thereby become an “Offering Holder”), then unless such Transfer is excluded
under Section 2.3, the Offering Holder shall promptly give the Company and each Investor written
notice thereof (the “Offer Notice”). The Offer Notice shall include a description and the amount
of the Equity Securities that the Holder desires to Transfer (for the

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purposes of this Section 2.1, the “Offered Shares”). If any Investors so elect within ten
(10) days following receipt of such notice (each, an “Electing Investor”), the Electing Investors
shall have the right, on an exclusive basis, for a period of forty-five (45) days after receipt of
such notice to negotiate with the Offering Holder with respect to a definitive agreement for the
sale and purchase of the Offered Shares. The Offering Holder and the Electing Investors shall
negotiate in good faith the terms and conditions of any such agreement.

          (b) Unless the Electing Investors agree otherwise, in the event that the Offering Holder and
the Electing Investors agree to final terms and conditions for the Transfer of the Offered Shares,
each Electing Investor shall be entitled to purchase all of its respective pro rata share of the
Offered Shares pursuant to such Transfer. Each Electing Investor’s pro rata share of the Offered
Shares shall be a fraction of the Offered Shares, the numerator of which shall be the number of
shares of Common Stock (including shares of Common Stock issuable upon conversion of Preferred
Stock or the Notes) owned by such Electing Investor and denominator of which shall be the total
number of shares of Common Stock (including shares of Common Stock issuable upon conversion of
Preferred Stock or the Notes) held by all Electing Investors.

          (c) In the event any Electing Investor elects not to purchase all of its pro rata share of the
Offered Shares available pursuant to its option under Section 2.1(b), each Electing Investor that
has elected to purchase all of its respective pro rata share of the Offered Shares (each, a “Fully
Participating Investor”) shall be entitled to purchase its respective pro rata share of all
unsubscribed shares (including any shares that are unsubscribed due to any other Fully
Participating Investor not exercising its option to purchase unsubscribed shares). For purposes of
this Section 2.1(c), the numerator shall be the same as that used in Section 2.1(b) above and the
denominator shall be the total number of shares of Common Stock (including shares of Common Stock
issuable upon conversion of Preferred Stock or the Notes) owned by all Fully Participating
Investors. Each Electing Investor shall be entitled to apportion Offered Shares to be purchased
among its partners and affiliates (including in the case of a venture capital fund other venture
capital funds affiliated with such fund), provided that such Electing Investor notifies the
Offering Holder of such allocation.

          (d) To the extent that none of the Investors exercise their right to negotiate with the
Offering Holder or the Electing Investors and the Offering Holder do not reach an agreement for the
sale and purchase of the Offered Shares within the time periods specified in Section 2.1(a), the
Offering Holder shall have a period of ninety (90) days from the expiration of such rights in which
to sell the Offered Shares to a third-party transferee(s), on terms and conditions no less
favorable to the Offering Holder than the terms proposed by any of the Electing Investors pursuant
to Section 2.1(a) hereof (if applicable). In the event the Offering Holder does not sell the
Offered Shares within the ninety (90) day period from the expiration of these rights, the
Investors’ first offer rights shall continue to be applicable to any subsequent disposition of the
Offered Shares by the Offering Holder until such rights lapse in accordance with the terms of this
Agreement. Furthermore, the exercise or non-exercise of the rights of the Investors under this
Section 2.1 to offer to purchase Equity Securities from the Offering Holder shall not adversely
affect their rights to make subsequent purchases from the Offering Holder of Equity Securities or
subsequently participate in sales of Equity Securities by a Selling Shareholder pursuant to Section
2.2 hereof. Any definitive agreement for the sale and purchase of the Offered Shares to a

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third-party transferee(s) shall be subject to the Investors’ right of co-sale pursuant to
Section 2.2 hereof.

     2.2 Rights of Co-Sale.

          (a) In the event the Investors fail to exercise their rights under Section 2.1 or do not reach
an agreement for the purchase and sale of the Offered Shares within the time periods specified in
Section 2.1(a), and if at any time thereafter a Shareholder proposes to Transfer Equity Securities
(and thereby become a “Selling Holder”), the Selling Holder shall promptly give the Company and
each Investor written notice of the Selling Holder’s intention to make the Transfer (for purposes
of this Section 2.2, the “Transfer Notice”). The Transfer Notice shall include (i) a description
of the Equity Securities to be transferred (for purposes of this Section 2.2, the “Offered
Shares”), (ii) the name(s) and address(es) of the prospective transferee(s), (iii) the
consideration, and (iv) the material terms and conditions upon which the proposed Transfer is to be
made. The Transfer Notice shall certify that the Selling Holder has received a firm offer from the
prospective transferee(s) and in good faith believes a binding agreement for the Transfer is
obtainable on the terms set forth in the Transfer Notice. The Transfer Notice shall also include a
copy of any written proposal, term sheet or letter of intent or other agreement relating to the
proposed Transfer. In the event that the Transfer is being made pursuant to the provisions of
Section 2.3, the Transfer Notice shall state under which specific subsection the Transfer is being
made.

          (b) Each Investor that notifies the Company and the Selling Holder in writing within five (5)
days after Delivery of a Transfer Notice referred to in Section 2.2(a) that it wishes to exercise
its rights of co-sale (a “Co-selling Investor”) shall have the right to participate in such sale of
Equity Securities on the same terms and conditions as specified in the Transfer Notice. Such
Co-selling Investor’s notice to the Company and the Selling Holder shall indicate the maximum
number of shares of capital stock of the Company that the Co-selling Investor wishes to sell under
his, her or its right to participate. To the extent one or more of the Investors exercise such
right of participation in accordance with the terms and conditions set forth below, the number of
shares of Equity Securities that the Selling Holder may sell in the Transfer shall be
correspondingly reduced.

          (c) Each Co-selling Investor may sell all or any part of that number of shares of capital
stock of the Company equal to the product obtained by multiplying (i) the aggregate number of
shares of Equity Securities covered by the Transfer Notice by (ii) a fraction, the numerator of
which is the number of shares of Common Stock (including shares of Common Stock issuable upon
conversion of Preferred Stock or the Notes) owned by the Co-selling Investor on the date of the
Transfer Notice and the denominator of which is the total number of shares of Common Stock
(including shares of Common Stock issuable upon conversion of Preferred Stock or the Notes) owned
by the Selling Shareholder and all of the Co-selling Investors on the date of the Transfer Notice.

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          (d) Each Co-selling Investor shall effect its participation in the sale by promptly delivering
to the Selling Holder for transfer to the prospective purchaser one or more certificates, properly
endorsed for transfer to the purchaser, which represent:

               (i) if the Offered Shares are shares of Series C Preferred Stock, the number of shares of
Series C Preferred Stock of the Company that such Co-selling Investor elects to sell, or that
number of shares of Common Stock equal to the as converted to Common Stock equivalent of that
number of Offered Shares that the Selling Holder (together with any other Co-selling Investors)
would be permitted to sell if the Co-selling Investor were not participating in the sale;

               (ii) if the Offered Shares are shares of Preferred Stock other than shares of Series C
Preferred Stock, that number of shares of Series C Preferred Stock or Common Stock equal to the as
converted to Common Stock equivalent of that number of Offered Shares that the Selling Holder
(together with any other Co-selling Investors) would be permitted to sell if the Co-selling
Investor were not participating in the sale;

               (iii) if the Offered Shares are shares of Common Stock, that number of shares of Common Stock,
or such number of Equity Securities that are at such time convertible into the number of shares of
Common Stock, that such Co-selling Investor elects to sell;

provided, however, that if the prospective third-party purchaser objects to the delivery of shares
of capital stock of the Company in lieu of Common Stock, or the Co-Selling Investor desires to
deliver Common Stock issuable upon the conversion of a Note, such Co-selling Investor shall convert
such shares of capital stock of the Company or such Note into Common Stock and deliver Common Stock
as provided in this Section 2.2. The Company agrees to make any such conversion concurrent with
the actual transfer of such shares to the purchaser and contingent on such transfer.

          (e) The stock certificate or certificates that the Co-selling Investor delivers to the Selling
Shareholder pursuant to Section 2.2(d) shall be transferred to the prospective purchaser in
consummation of the sale of the Equity Securities pursuant to the terms and conditions specified in
the Transfer Notice, and the prospective purchaser shall concurrently therewith remit to such
Co-selling Investor that portion of the sale proceeds to which such Co-selling Investor is entitled
by reason of its participation in such sale. To the extent that any prospective purchaser or
purchasers prohibits such assignment or otherwise refuses to purchase shares or other securities
from a Co-selling Investor exercising its rights of co-sale hereunder, the Selling Holder shall not
sell to such prospective purchaser or purchasers any Equity Securities unless and until,
simultaneously with such sale, the Selling Holder shall purchase such shares or other securities
from such Co-selling Investor for the same consideration and on the same terms and conditions as
the proposed transfer described in the Transfer Notice. In the event that a Co-selling Investor
elects to participate in a sale of Equity Securities pursuant to this Section 2.2, and
notwithstanding such election any Selling Holder fails to comply with such election, such Selling
Holder agrees to purchase the Equity Securities held by such Co-selling Investor in accordance with
this Agreement provided such Co-selling Investor has otherwise complied with the provisions of this
Section 2.2.

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          (f) To the extent that the Investors have not exercised their right to participate in the sale
of the Offered Shares within the time periods specified in Section 2.2(b), the Selling Holder shall
have a period of ninety (90) days from the expiration of such rights in which to sell the Offered
Shares upon terms and conditions (including the purchase price) no more favorable than those
specified in the Transfer Notice, to the third-party transferee(s) identified in the Transfer
Notice. The third-party transferee(s) shall acquire the Offered Shares free and clear of
subsequent rights of first offer and co-sale under this Agreement. In the event the Selling Holder
does not consummate the sale or disposition of the Offered Shares within the ninety (90) day period
from the expiration of these rights, the Investors’ first offer and co-sale rights shall continue
to be applicable to any subsequent disposition of the Offered Shares by the Selling Holder until
such right lapses in accordance with the terms of this Agreement. Furthermore, the exercise or
non-exercise of the rights of the Investors under this Section 2.2 to participate in sales of
Equity Securities by the Selling Holder shall not adversely affect their rights to make subsequent
offers to purchase from the Selling Holder of Equity Securities or subsequently participate in
sales of Equity Securities by the Selling Shareholder.

     2.3 Limitations to Rights of First Offer and Co-Sale.

          (a) Notwithstanding the provisions of Section 2.1 and Section 2.2 of this Agreement, the first
offer and co-sale rights of the Investors shall not apply (i) in the case of a company, corporation
or a partnership, to the Transfer of Equity Securities to any members, shareholders or partners
thereof (each, an “Indirect Shareholder” of the Company) or to any entity controlled by,
controlling or under common control with the transferor; (ii) to the Transfer of Equity Securities
to any spouse or member of a Holder’s Immediate Family, or to a custodian, trustee (including a
trustee of a voting trust), executor, or other fiduciary for the account of the Holder’s or
Indirect Shareholder’s spouse or members of the Holder’s immediate family, or to a trust for the
Indirect Shareholder’s own self, or a charitable remainder trust; or (iii) to a QIPO; provided,
however, that in the event of any transfer made pursuant to one of the exemptions provided by
clauses (i) or (ii), (I) the Holder shall inform the Investors and the Company in writing of such
Transfer prior to effecting it, and (II) each such transferee or assignee, prior to the completion
of the Transfer, shall have executed documents assuming the obligations of the Holder under this
Agreement with respect to the transferred Equity Securities. Except with respect to the Equity
Securities transferred under clause (iii) above (which Equity Securities shall no longer be subject
to the first offer or co-sale rights of the of the Investors), such transferred Equity Securities
shall remain “Equity Securities” hereunder, and such pledgee, transferee or donee shall be treated
as the “Holder” for purposes of this Agreement. For purposes of this Section 2.3(a), “Holder’s
Immediate Family” shall include any spouse, father, mother, sibling or lineal descendant of Holder,
Holder’s spouse or an Indirect Shareholder.

          (b) Notwithstanding the provisions of Section 2.1 of this Agreement, the rights of first offer
of the Investors shall not apply to Transfers of Equity Securities of one or more individual
Shareholders until the aggregate amount of such sales after the date hereof shall equal $1,000,000;
provided, however, that the purchase of Equity Securities by the Company in connection with the
termination of a Shareholder’s employment with the Company shall not be a Transfer included in the
$1,000,000 threshold.

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          (c) Notwithstanding the provisions of Section 2.2 of this Agreement, a majority in interest of
the Common Stock issuable upon the conversion of the Series C Preferred Stock and a majority in
interest of the Common Stock issuable upon the conversion of the Notes held by the Investors may
waive in writing the co-sale rights with respect to a given Transfer. Moreover, the co-sale rights
of the Investors shall not apply to (i) any Transfers of Equity Securities of one or more
individual Shareholders until the aggregate amount of such Transfers after the date hereof shall
equal $1,000,000, exclusive of any Transfers of Equity Securities within any fiscal year by
individual Shareholders of up to twenty percent (20%) of the Equity Securities (including for such
purpose any Equity Securities which are the subject of options or other rights to purchase) held by
such Shareholder on the date hereof until such $1,000,000 limitation is achieved; and (ii) the
purchase of Equity Securities by the Company in connection with the termination of a Shareholder’s
employment with the Company. Notwithstanding the foregoing, however, any proposed Transfer by Neal
R. Verfeurth that would result in him owning less than sixty percent (60%) of the number of shares
of the Company’s Common Stock that he owned on the date hereof (excluding unexercised options),
whether or not the $1,000,000 threshold has been achieved, shall be subject to the Investors’
rights of co-sale set forth in Section 2.2.

     2.4 Right of Stock Transfer. The parties hereto agree that no Holder shall Transfer
Equity Securities to any competitor of the Company. If at any time a Holder proposes to Transfer
Equity Securities, it shall notify the Company of the identity of such transferee no later than ten
(10) business days prior to entering into a definitive agreement with respect to such Transfer. If
a majority of the Independent Directors reasonably determines within such ten (10) business day
period that the proposed transferee is a competitor of the Company and that such Transfer would not
be in the best interest of the Company, the Board shall immediately notify the Holder of such
determination and the Holder shall be prohibited from transferring any Equity Securities to such
proposed transferee; provided, however, that the Board’s consent to Transfer by an Investor shall
not be unreasonably withheld.

     Any sale, assignment, transfer, pledge, hypothecation or other encumbrance or disposition of
Equity Securities not made in conformance with this Agreement or in violation of applicable law
shall be null and void, shall not be recorded on the books of the Company and shall not be
recognized by the Company.

     3. Assignments and Transfers; No Third-Party Beneficiaries. This Agreement and the
rights and obligations of the parties hereunder shall inure to the benefit of, and be binding upon,
their respective successors, assigns and legal representatives, but shall not otherwise be for the
benefit of any third party. The rights of the Investors hereunder are only assignable (a) to any
other Investor; (b) to a partner, member or affiliate of such Investor (including affiliated
venture capital funds of which such Investor is a partner or member); or (c) to an assignee or
transferee who acquires (i) all of the Equity Securities held by a particular Investor, (ii) at
least two hundred fifty thousand (250,000) shares of the Series C Preferred Stock (or shares of
Common Stock into which such Series C Preferred Stock has been converted) purchased pursuant to the
Series C Purchase Agreement (subject to adjustment for stock splits, stock dividends,
recapitalizations and similar changes affecting the capital stock of the Company) from such
Investor, or (iii) an interest in a Note convertible into at least two hundred fifty thousand
(250,000) shares of Common Stock into which the Notes may have been converted or a portion of a
Note convertible into at least two hundred fifty thousand (250,000) shares of Common Stock,
purchased pursuant to the Note

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(subject to adjustment for stock splits, stock dividends, recapitalizations and similar
changes affecting the capital stock of the Company) from such Investor.

     4. Legend. Each existing or replacement certificate for shares now owned or hereafter
acquired by the Holders shall bear the following legend upon its face:

“THE SALE, PLEDGE, HYPOTHECATION, ASSIGNMENT OR TRANSFER OF THE
SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS
AND CONDITIONS OF A CERTAIN FIRST OFFER AND CO-SALE AGREEMENT BY AND
BETWEEN THE SHAREHOLDER, THE CORPORATION AND CERTAIN HOLDERS OF
STOCK OF THE CORPORATION. COPIES OF SUCH AGREEMENT MAY BE OBTAINED
UPON WRITTEN REQUEST TO THE SECRETARY OF THE CORPORATION.”

     5. Effect of Change in Company’s Capital Structure. If, from time to time, the
Company pays a stock dividend or effects a stock split or other change in the character or amount
of any of the outstanding stock of the Company, then in such event any and all new, substituted or
additional securities to which a Holder is entitled by reason of such Holder’s ownership of Equity
Securities shall be immediately subject to the rights and obligations set forth in this Agreement
with the same force and effect as the stock subject to such rights immediately before such event.

     6. Notices. All notices and other communications given or made pursuant hereto shall
be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be
notified; (ii) when sent by confirmed electronic mail or facsimile if sent during normal business
hours of the recipient; if not, then on the next business day; (iii) five (5) days after having
been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one
(1) business day after deposit with a nationally recognized overnight courier, specifying next day
delivery, with written verification of receipt. The occurrence of the events set forth in
subsections (i) through (iv) above shall constitute “Delivery” of notice. All communications shall
be sent to the respective parties at the addresses set forth on the signature pages attached hereto
(or at such other addresses as shall be specified by notice given in accordance with this Section
6).

     7. Further Instruments and Actions. The parties hereto agree to execute such further
instruments and to take such further action as may reasonably be necessary to carry out the intent
of this Agreement. Each such party agrees to cooperate affirmatively with each other party, and to
the extent reasonably requested by any such party, to enforce rights and obligations pursuant
hereto.

     8. Term. This Agreement shall terminate and be of no further force or effect upon (a)
the consummation of the Company’s sale of its Common Stock or other securities pursuant to an
initial public offering under the Securities Act of 1933, or (b) the consummation of a Deemed
Liquidation Event, as such term is defined in the Company’s Amended and Restated Articles of
Incorporation. This Agreement shall terminate with respect to any Shareholder upon the termination
of such Shareholder as an officer or director of the Company.

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     9. Amendments and Waivers. Any term of this Agreement may be amended and the
observance of any term of this Agreement may be waived (either generally or in a particular
instance and either retroactively or prospectively) only with the written consent of the Company
and the Investors holding at least a majority of the shares of Common Stock and a majority of the
shares of Common Stock issuable upon conversion of the Notes (assuming full conversion at the then
effective conversion rate of all shares of Preferred Stock or Notes owned by all of the Investors)
held by all Investors. Notwithstanding the foregoing, in the event that such amendment or waiver
adversely affects the obligations or rights of a Shareholder under this Agreement, such amendment
or waiver shall also require the written consent of such adversely affected Shareholder or, if
multiple Shareholders are so adversely affected, the holders of a majority in interest of such
adversely affected Shareholders. Any amendment or waiver effected in accordance with this Section
9 shall be binding upon all Holders and their respective successors and assigns.

     10. Governing Law. This Agreement shall be interpreted under the laws of the State of
Wisconsin without reference to Wisconsin conflicts of law provisions.

     11. Severability. If one or more provisions of this Agreement is held to be
unenforceable under applicable law, such provision shall be excluded from this Agreement and the
balance of the Agreement shall be interpreted as if such provision were so excluded and shall be
enforceable in accordance with its terms.

     12. Attorneys’ Fees. In the event that any dispute among the parties to this
Agreement should result in litigation, the prevailing party in such dispute shall be entitled to
recover from the losing party all fees, costs and expenses of enforcing any right of such
prevailing party under or with respect to this Agreement, including without limitation, such
reasonable fees and expenses of attorneys and accountants, which shall include, without limitation,
all fees, costs and expenses of appeals.

     13. Counterparts. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same
instrument.

     14. Waiver of Jury Trial. TO THE EXTENT EACH MAY LEGALLY DO SO, EACH PARTY HERETO
HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION, CAUSE OF ACTION,
OR PROCEEDING ARISING UNDER OR WITH RESPECT TO THIS AGREEMENT, OR IN ANY WAY CONNECTED WITH, OR
RELATED TO, OR INCIDENTAL TO, THE DEALING OF THE PARTIES HERETO WITH RESPECT TO THIS AGREEMENT, OR
THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND
IRRESPECTIVE OF WHETHER SOUNDING IN CONTRACT, TORT, OR OTHERWISE. TO THE EXTENT EACH MAY LEGALLY
DO SO, EACH PARTY HERETO HEREBY AGREES THAT ANY SUCH CLAIM, DEMAND, ACTION, OR PROCEEDING SHALL BE
DECIDED BY A COURT TRIAL WITHOUT A JURY AND THAT ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART
OR A COPY OF THIS AGREEMENT WITH ANY COURT AS
WRITTEN EVIDENCE OF THE CONSENT OF ANY OTHER PARTY HERETO TO THE WAIVER OF ITS RIGHT TO TRIAL
BY JURY.

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     15. Entire Agreement. This Agreement contains the entire understanding of the parties
hereto with respect to the subject matter hereof and supersede any other prior agreements between
the parties hereto with respect to the subject matter hereof, including the Original Agreement,
which shall have no further force or effect. No party shall be liable or bound to any other in any
manner by any representations, warranties, covenant and agreements except as specifically set forth
herein.

{Remainder of Page Intentionally Left Blank – Signature Pages Immediately Follow}

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     IN WITNESS WHEREOF, the parties hereto have executed this Amended and Restated First Offer and
Co-sale Agreement as of the date first written above.

	 	 	 	 	 	 	 
	 	 	COMPANY
	 
	 	 	 	 	 	 
	 	 	ORION ENERGY SYSTEMS, INC.
	 
	 	 	 	 	 	 
	 	 	By:	 	/s/ Neal Verfuerth
	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 	 	 
	 	 	INVESTORS:
	 
	 	 	 	 	 	 
	 	 	CLEAN TECHNOLOGY FUND II, LP
	 	 	By:	 	Expansion Capital Partners II, LP,
	 	 	 	 	its General Partner
	 
	 	 	 	 	 	 
	 	 	By:	 	Expansion Capital Partners II — General
	 	 	 	 	Partner, LLC, its General Partner
	 
	 	 	 	 	 	 
	 	 	By:	 	/s/ Bernardo H. Llovera
	 	 	 	 	 
	 	 	 	 	Name: Bernardo H. Llovera
	 	 	 	 	Title: Managing Member
	 
	 	 	 	 	 	 
	 	 	Address:	 	 90 Park Avenue, Suite 1700
	 	 	 	 	New York, NY 10016
	 
	 	 	 	 	 	 
	 	 	GE CAPITAL EQUITY INVESTMENTS, INC.
	 
	 	 	 	 	 	 
	 	 	By:	 	/s/ Michael Donnelly
	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	CAPVEST VENTURE FUND, LP
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/	 	 
	 	 	 	 	 
	 	 	 	 	Name:
	 	 	 	 	Title:
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 	 	 
	 	 	TECHNOLOGY TRANSFORMATION VENTURE FUND, LP
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/	 	 
	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Title:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 
	 	 	SHAREHOLDERS:
	 
	 	 	 	 
	 	 	/s/ Neal Verfuerth
	 	 	 
	 	 	Neal Verfuerth
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Michael Potts
	 	 	 
	 	 	Michael Potts
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Patricia Verfuerth
	 	 	 
	 	 	Patricia Verfuerth
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Daniel Waibel
	 	 	 
	 	 	Daniel Waibel
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ John Scribante
	 	 	 
	 	 	John Scribante
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 

[Signatures continued on next page]

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 
	 	 	/s/ Erik G. Birkerts
	 	 	 
	 	 	Erik G. Birkerts
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Rick Olsen
	 	 	 
	 	 	Rick Olsen
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Daniel Czaja
	 	 	 
	 	 	Daniel Czaja
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Eric von Estorff
	 	 	 
	 	 	Eric von Estorff
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Patrick Trotter
	 	 	 
	 	 	Patrick Trotter
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 

[Signatures continued on next page]

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 
	 	 	/s/ Eckhart Grohmann
	 	 	 
	 	 	Eckhart Grohmann
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	/s/ Jim Kackley
	 	 	 
	 	 	Jim Kackley
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Thomas A. Quadracci
	 	 	 
	 	 	Thomas A. Quadracci
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Diana Propper de Callejon
	 	 	 
	 	 	Diana Propper de Callejon
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	/s/ Ronald Ernst
	 	 	 
	 	 	Ronald Ernst
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 

[Signatures continued on next page]

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

	 	 	 	 	 
	 	 	/s/ Stephen Heins
	 	 	 
	 	 	Stephen Heins
	 
	 	 	 	 
	 

	 	Address:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 

Signature Page to Orion Energy Systems, Inc.

Amended and Restated First Offer and Co-Sale Agreement

 

 

Schedule A

Shareholders

	 	 	 
	Officers	 	 
	 
	President and CEO

	 	Neal Verfuerth
	Executive Vice President

	 	Michael Potts
	Vice President, Operations

	 	Patricia Verfuerth
	CFO and Treasurer

	 	Daniel Waibel
	Senior Vice President, Business Development

	 	John Scribante
	Vice President, Strategic Initiatives

	 	Erik G. Birkerts
	Vice President, Technical Services

	 	Rick Olsen
	Vice President, National Accounts

	 	Daniel Czaja
	Vice President, General Counsel and Corporate Secretary

	 	Eric von Estorff
	Vice President, Manufacturing and Engineering

	 	Ronald Ernst
	Vice President, Communications

	 	Stephen Heins

	 	 	 
	Directors	 	 
	 
	Neal Verfuerth
	 	 
	Michael Potts
	 	 
	Patrick Trotter
	 	 
	Eckhart Grohmann
	 	 
	Jim Kackley
	 	 
	Thomas A. Quadracci
	 	 
	Diana Propper de Callejonexv4w3

 

EXHIBIT 4.3

WARRANT

To Purchase Common Stock

of

Orion Lighting, Ltd.

     THIS CERTIFIES THAT, upon surrender of this Warrant at the office of the Warrant Agent
hereinafter named, in the City of Plymouth, County of Sheboygan, State of Wisconsin, accompanied by
payment as hereinafter provided,                                                              or assigns (“Holder”) is entitled
to purchase at any time prior to the expiration of the Warrant Exercise Period (as hereinafter
defined), but not thereafter,                                                     shares of common stock (“Common Stock”), of Orion
Lighting, Ltd., a Wisconsin corporation (“Company”), as such Common Stock shall be constituted at
the time of purchase, which shares have been duly authorized and set aside for issuance and will,
upon such issuance, be fully paid and nonassessable, at the price of Three Dollars ($3.00) per
share, subject to the terms and provisions set forth herein and in an agreement by and between the
Company and Community Bank & Trust Co., Plymouth, Wisconsin (“Warrant Agent”), and not otherwise.

     This Warrant
shall be exercisable in whole at any time or in part from time to time (provided
that not less than One Hundred (100) shares of Common Stock, or any integral multiple of such
amount, shall be purchased upon any such partial exercise hereof),
prior to December 31, 2007,
provided that the Common Stock issuable upon the exercise of this Warrant is, at the time of
exercise, registered or otherwise qualified for sale under the Securities Act and the securities or
“blue sky” laws of the jurisdiction in which the exercise of this Warrant is proposed to be
effected (“Warrant Exercise Period”) Upon the expiration of the Warrant Exercise Period, this
Warrant will expire and become void and of no value. No fractional shares will be issued upon the
exercise hereof.

     This Warrant shall be registered at the office of the Warrant Agent and is transferable only
at said office by the registered Holder hereof or his duly authorized attorney upon surrender of
this certificate, properly endorsed.

     Upon any adjustment of the number of shares of Common Stock which may be purchased upon the
exercise of this Warrant and/or the purchase price per share, then in each such case the Company
shall give written notice thereof, as hereinbelow provided, which notice shall state the purchase
price per share resulting from such adjustment and the increase or decrease, if any, in the number
of shares of Common Stock purchasable at such price upon the exercise of this Warrant, setting
forth in reasonable detail the method of calculation and the facts upon which such calculation is
based.

THIS WARRANT MAY NOT BE TRANSFERRED OR EXERCISED UNLESS SAID WARRANT AND THE SHARES OF COMMON STOCK
ISSUABLE UPON THE EXERCISE THEREOF ARE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND
APPLICABLE STATE SECURITIES LAWS, OR ARE EXEMPT FROM SUCH REGISTRATION, OR SUCH TRANSFER OR
EXERCISE (AND THE ISSUANCE OF COMMON STOCK PURSUANT TO SUCH EXERCISE) IS EXEMPT

 

 

FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS. THE COMPANY WILL USE ITS BEST EFFORTS TO SO
REGISTER OR QUALIFY THIS WARRANT, AND THE COMMON STOCK ISSUABLE UPON THE EXERCISE HEREOF, AND/OR TO
SO REGISTER OR QUALIFY THE TRANSACTIONS PURSUANT TO WHICH SUCH SECURITIES ARE ISSUED OR
TRANSFERRED, UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE SECURITIES LAWS OF THE
JURISDICTIONS IN WHICH WARRANTS ARE SOLD; THE COMPANY MAY, IN ITS SOLE DISCRETION, ATTEMPT TO SO
REGISTER OR QUALIFY SUCH SECURITIES IN JURISDICTIONS OTHER THAN THOSE IN WHICH WARRANTS ARE SOLD.

     The Holder of this Warrant shall not by virtue thereof have any rights of a shareholder of the
Company or to notice of meetings of shareholders or of any other proceedings of the Company.

     This Warrant is divisible on surrender, in which case a new Warrant or Warrants will be
issued.

     Commencing after the conclusion of the offering in which it was sold, and at any time
thereafter until and including, but not after, the expiration of the Warrant Exercise Period, the
Company may, at its option, redeem all of the Warrants at any time or some of them from time to
time, upon payment of One Cent ($0.01) per Warrant to the Holder, provided that the closing bid or
sale price of the Common Stock, as quoted on the NASD OTC Bulletin Board, or other national
securities exchange, equals or exceeds Five Dollars ($5.00) per share for twenty (20) consecutive
trading days ending within fifteen (15) days of the date upon which notice of redemption is given
as provided herein. In case less than all of the Warrants at the time outstanding are to be
redeemed, the Warrants to be redeemed shall be selected by the Company by lot. Notices of such
optional redemption will be mailed at least fifteen (15) days prior to the redemption date to each
holder of Warrants to be redeemed at the registered address of such Holder. Each Holder of this
Warrant, by accepting the same, agrees upon any such notice of redemption to receive payment for
this Warrant upon the date fixed for redemption in the amount herein provided.

     If prior to the expiration of this Warrant, by exercise hereof or by its terms:

     (a) The Company shall be recapitalized through the subdivision of its outstanding shares of
Common Stock into a greater number of shares, or shall by exchange or substitution of or for its
outstanding Common Stock or otherwise, reduce the number of such shares, then in each such case the
number of shares deliverable upon the exercise of this Warrant shall be changed in proportion to
such increase or decrease of the outstanding shares of such Common Stock of the Company, without
any change in the aggregate payment by the Warrant Holder from the aggregate payment specified on
the face of this Warrant.

     (b) A dividend shall be declared or paid at any time on the Common Stock of the Company in its
Common Stock or in securities convertible into Common Stock of the Company, then in each such case
the number of shares deliverable upon the exercise thereafter of this Warrant shall, without
requiring any payment by the Warrant Holder in addition to the payment

2

 

specified on the face hereof, be increased in proportion to the increase, through such
dividend, in the number of outstanding shares of Common Stock of the Company. In the computation
of the increased number of shares deliverable upon the exercise of this Warrant, any dividend paid
or distributed upon the Common Stock in securities convertible into Common Stock shall be treated
as a dividend paid in Common Stock to the extent that shares of Common Stock are issuable upon the
conversion thereof. The obligations of the Company and the rights of the Holder hereof shall not
be affected by the exercise of any conversion privileges heretofore granted to the holders of any
of the stock or securities of the Company or of any other corporation.

     (c) The Company shall, at any time while any of the Warrants are outstanding, declare a
dividend on its Common Stock, other than as provided in the preceding paragraph (b), then in each
such case the Company shall give notice in writing to the registered Holder of this Warrant, and
such dividends so declared shall be made payable only to the shareholders of record on a date at
least ten (10) days subsequent to the date of such notice, including stock issued pursuant to the
exercise of such Warrants prior to such record date.

     (d) The Company shall be recapitalized by reclassifying its outstanding Common Stock into
stock without par value, or the Company or a successor corporation shall consolidate or merge with,
or convey all, or substantially all, of its or any successor corporation’s property or assets to,
any other corporation or corporations (any such corporation being included within the meaning of
“successor corporation” as hereinbefore used in the event of any consolidation or merger of such
corporation with, or the sale of all, or substantially all, of the property or assets of such
corporation to another corporation or corporations) then in each such case, as a condition of such
recapitalization, consolidation, merger or conveyance, lawful and adequate provision shall be made
whereby the Holder of each Warrant shall thereafter have the right to purchase, upon the basis and
upon the terms and conditions specified in this Warrant, in lieu of the shares of Common Stock of
the Company theretofore purchasable upon the exercise of this Warrant, such shares of stock,
securities or other assets as may be issued or payable with respect to, or in exchange for, the
number of shares of Common Stock of the Company theretofore purchasable upon the exercise of this
Warrant had such recapitalization, consolidation, merger or conveyance not taken place; and in any
such event the rights of the Warrant Holder to an adjustment of the number of shares of Common
Stock purchasable upon the exercise of this Warrant as hereinbefore provided shall continue and be
preserved in respect of any stock which the Warrant Holder become entitled to purchase. It shall
be a condition of such consolidation, merger or conveyance that each successor corporation shall
assume, in manner and form satisfactory to the Warrant Agent, the obligation to deliver to the
Warrant Holder, upon the exercise of this Warrant, such shares of stock, securities or assets as,
in accordance with the provisions of this Warrant, shall have been provided for such purpose. The
Warrant Agent shall assume no liability for its exercise of discretion hereunder, other than for
willful wrongdoing.

     This Warrant shall be deemed to have been exercised, and the Holder exercising the same to
have become a shareholder of record of the Company, for the purpose of receiving dividends and for
all other purposes whatsoever as of the date the Holder surrendered this Warrant accompanied by
payment in cash, as herein provided. The Company agrees that, while this Warrant shall remain
valid and outstanding, its stock transfer books shall not be closed for any purpose whatsoever,
except under arrangements which shall insure to Holders exercising Warrants or applying for
transfer of stock within five (5) days after the books shall have been

3

 

reopened all rights and privileges which they might have had or received if the transfer books
had not been closed and they had exercised their Warrants at any time during which such transfer
books shall have been closed.

     Upon each increase or decrease in the number of shares of Common Stock of the Company
deliverable upon the exercise of this Warrant, or in the event of changes in the rights of the
Warrant Holders by reason of other events hereinbefore set forth, then in each such case the
Company shall forthwith file with the Warrant Agent a certificate executed by its President or one
of its Vice Presidents, and attested by its Secretary or one of its Assistant Secretaries, stating
the increased or decreased number of shares so deliverable and setting forth in reasonable detail
the method of calculation and the facts upon which such calculation is based.

     The Company covenants, at all times when Warrants are outstanding and in effect, to reserve,
unissued, such number of shares of Common Stock as it may be required to deliver pursuant to the
exercise of this Warrant, subject to consolidation, merger or sale, as hereinabove set forth.

     As used herein, the terms “Holder” “Warrant Holder” and “Holder of this Warrant” shall be
construed to mean the registered holder hereof, and, in the case of any notice required by this
Warrant to be given to the Warrant Holder, it shall be sufficient if mailed to the last known
address of such Holder as the same appears on the books of the Company.

     IN WITNESS WHEREOF, Orion Lighting, Ltd. has caused this Warrant to be signed in its corporate
name by its President or a Vice President, manually or in facsimile, and its corporate seal or a
facsimile to be imprinted hereon and attested by the manual or facsimile signature of its Secretary
or an Assistant Secretary, as of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Orion Lighting, Ltd.
	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	 	 	President	 	 
	 
	 	 	 	 	 	 	 	 
	[CORPORATE SEAL]
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	Attest:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Secretary	 	 

4

 

SUBSCRIPTION FORM

(To be Executed Upon Exercise of Warrant)

     The undersigned, the Holder(s) or assignee(s) of such Holder(s) of the within Warrant, hereby
(i) subscribes for shares of Common Stock which the undersigned is entitled to purchase under the
terms of the within Warrant and (ii.) tenders herewith the full exercise price of all shares
subscribed for.

Dated:                     

Number of Shares Subscribed For:

                    

	 	 	 	 	 	 	 
	 

	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	(Signature)	 	 

ASSIGNMENT

(To Be Executed By the Registered Holder to Effect

a Transfer of the Within Warrant)

     FOR VALUE RECEIVED, the undersigned Warrant Holder(s) do(es) hereby sell, assign and transfer
unto                                                                      
                               the right to purchase common stock
evidenced by this Warrant, and does hereby irrevocably constitute and appoint
                                                                    
            
                    to transfer the said right on the books of the
Company, will full power of substitution.

Dated:                     

	 	 	 	 	 
	 

	 	 

(Signature)
	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 

	 	(Signature)	 	 

5

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