Document:

Exhibit 10.1

  

EARNOUT
CONFIRMATION Agreement

 

This Earnout Confirmation Agreement (the
“Agreement”) is made and entered into on September 14, 2012, by and among UniTek Global Services, Inc., a Delaware
corporation (“UniTek”), DirectSat USA, LLC, a Delaware limited liability company and a wholly-owned subsidiary of UniTek
(“Purchaser”), Skylink LTD, an Ohio limited liability company (“LLC Seller”), and Mr. John Larbus, an individual
resident of Ohio.

 

Recitals

 

A.The parties hereto are each a party
to that certain Asset Purchase Agreement, dated as of September 14, 2012 (the “Purchase Agreement”).

 

B.This Agreement evidences the obligation
of Purchaser to make those payments required by Sections 4.1.2 and 4.1.3 of the Purchase Agreement. Capitalized terms used but
not defined herein shall have the respective meanings set forth in the Purchase Agreement.

 

C.In order to induce Sellers to enter
into this Agreement and the Purchase Agreement, UniTek shall execute a guaranty of Purchaser’s obligations hereunder.

 

Witnesseth

 

NOW, THEREFORE, the parties to this Agreement,
for good and valuable consideration, the receipt of which is hereby acknowledged, and intending to be legally bound by this Agreement,
do hereby agree as follows:

 

ARTICLE I

 

PAYMENT OF EARNOUT PAYMENTS

 

1.1Purchaser shall pay the Earnout Payments
required by Sections 4.1.2 and 4.1.3 of the Purchase Agreement, subject to the terms, conditions and limitations of such sections;
provided, however, that anything else in this Agreement or the Purchase Agreement notwithstanding, the Earnout Payments may accrue
but shall not be payable in cash either (x) during the period of the continuance of any event of default under UniTek’s senior
loan agreements or (y) during any period when UniTek and its subsidiaries shall, both immediately prior to and after giving effect
to any such payment, have amounts available under their revolving credit facilities, less the amount of outstanding trade payables
of UniTek and its subsidiaries that are more than 60 days past due (both calculated based on the time of payment and on a five-day
average), of less than $15,000,000, provided that such accrued Earnout Payments shall be immediately due and payable in cash within
five (5) business days of the expiration of the circumstances described in subsection (x) and (y), as applicable, of this Section
1.1 (and the failure to make such payment within such five business day period shall be an “Event of Default” hereunder).
The amount of any Earnout Payment not paid when originally due pursuant to the Sections 4.1.2 and 4.1.3 of the Purchase Agreement
will increase by an amount equal to 10% per annum from such original due date until paid or converted into UniTek Common Stock
(i.e. if the Initial Earnout Payment is not paid on December 31, 2012 then the Earnout Payment due on December 31, 2012 will begin
to increase by an amount equal to 10% per annum from December 31, 2012 until paid or converted into UniTek Common Stock).

    	 

    	 	

    
 

1.2UniTek shall perform its obligations
under Section 4.1.3 of the Purchase Agreement, subject to the terms, conditions and limitations of such section. UniTek hereby
guaranties the performance of all obligations of Purchaser under the terms of this Agreement and the Asset Purchase Agreement as
and when such obligations are to be performed by Purchaser pursuant to the terms and conditions of this Agreement and the Purchase
Agreement. UniTek agrees that its guaranty constitutes a guarantee of payment when such obligations are to be performed by Purchaser
and not of collection and LLC Seller shall not be required or obligated, as a condition of the UniTek’s liability, to make
any demand upon or to pursue any of its rights against Purchaser. This is an absolute, unconditional, irrevocable and continuing
guaranty and will remain in full force and effect until all of the Earnout Payments, as such may be adjusted pursuant to the terms
of the Purchase Agreement, have been indefeasibly paid in full. Except for any adjustment to the Earnout Payments pursuant to the
terms of the Purchase Agreement, Unitek’s guaranty will not be affected by any surrender, exchange, acceptance, compromise
or release by LLC Seller of Purchaser, or by any irregularity, unenforceability or invalidity of any of the Earnout Payments or
any part thereof. UniTek’s obligations hereunder shall not be affected, modified or impaired by any counterclaim, set-off,
recoupment, deduction or defense based upon any claim UniTek may have (directly or indirectly) against LLC Seller, except payment
in cash of the Earnout Payments or, as provided in the Purchase Agreement and at the sole discretion of LLC Seller, in exchange
for UniTek Common Stock.

 

ARTICLE II

 

CONVERSION; REMEDIES UPON
EVENT OF DEFAULT

 

2.1Upon the failure of Purchaser to
timely pay all or any portion of an Earnout Payment when due pursuant to, and subject to the terms, conditions and limitations
of, the Purchase Agreement (without regard to any deferral otherwise applicable to such payment pursuant to Section 1.1 above),
then unpaid amount of such Earnout Payment may be converted, at the sole option of LLC Seller, into shares of UniTek Common Stock,
at a price per share equal to the volume weighted average price per share of the UniTek Common Stock on the NASDAQ Global Market
for the twenty (20) trading days prior to the date of such conversion, subject to the limitations on conversion set forth in Section
2.2.

 

2.2In no case shall the aggregate number
of shares of UniTek Common Stock issued upon conversion of this Agreement exceed 3,715,915(an amount equal to 19.9% of 18,672,941
outstanding shares of UniTek Common Stock as of the date of the Purchase Agreement). In the event that the limitation set forth
in the foregoing sentence is triggered, then LLC Seller shall be deemed to have exercised its right to conversion under Section
2.1 only as to such portion of the unpaid Earnout Payment as to which conversion may be effected without resulting in the issuance
of shares of UniTek Common Stock that would violate this Section 2.2. Purchaser shall be entitled to receive the balance of the
Earnout Payment which could not be converted due to the restrictions contained in this Section 2.2 in accordance with the terms
of this Agreement and the Purchase Agreement.

    	-2-

    	 

    
 

2.3Upon delivery by LLC Seller to UniTek
of a written notice of its election to convert all or any portion of the Earnout Payments pursuant to this Article 2, without any
further action on the part of LLC Seller, Purchaser’s obligation to pay such portion of the Earnout Payments shall terminate
and LLC Seller shall have no further rights with respect to such portion of the Earnout Payments other than the right to receive
shares of UniTek Common Stock issuable upon conversion thereof. No fractional shares of UniTek Common Stock will be issued upon
conversion of the Earnout Payments. In lieu of any fractional share to which LLC Seller would otherwise be entitled upon a conversion
hereunder, Purchaser will pay to LLC Seller, in cash, the amount of the Earnout Payment that would otherwise be converted into
such fractional share in accordance with the terms of this Agreement and the Purchase Agreement as a portion of the Earnout Payment
that was not converted.

 

2.4The failure of LLC Seller to exercise
any conversion option herein provided upon the failure to receive timely payment of all or any portion of an Earnout Payment when
due pursuant to, and subject to the terms, conditions and limitations of, the Purchase Agreement (without regard to any deferral
otherwise applicable to such payment pursuant to Section 1.1 above) shall not constitute a waiver of the right to exercise such
option in the event such Earnout Payment remains unpaid. In addition, if an Event of Default occurs and is not cured, LLC Seller
may, at its option, demand, sue for, collect, or make any compromise or settlement it deems desirable.

 

2.5Unitek
and Purchaser each hereby jointly and severally agree to pay to LLC Seller all costs of collecting any Earnout Payments which
may be due upon an Event of Default, and said costs and any other sums due LLC Seller by virtue of this Agreement may be included
in any judgment or decree rendered.

 

ARTICLE III 

 

REPRESENTATIONS AND WARRANTIES
OF PURCHASER AND UNITEK

 

3.1Each of Purchaser and UniTek has
been duly formed, is validly existing and in good standing under the laws of the State of Delaware. Each of Purchaser and UniTek
has the company power to (i) own its properties and carry on its business as now being conducted and (ii) execute, deliver and
perform its obligations under this Agreement.

 

3.2The execution, delivery and performance
by each of Purchaser and UniTek of this Agreement and its obligations hereunder: (i) have been duly authorized by all necessary
company action on the part of Purchaser and UniTek, as the case may be; (ii) will not violate any provision of Law or any order
of any court or other agency of the United States or any state thereof applicable to Purchaser or UniTek, as the case may be, or
any of their respective properties or assets; (iii) will not violate any provision of the certificate of incorporation or bylaws
of Purchaser or UniTek, as the case may be; and (iv) will not result in a default under any other material agreement, order or
undertaking binding on Purchaser or UniTek, as the case may be.

    	-3-

    	 

    
 

3.3All authorizations, approvals, registrations
or filings from or with any Governmental Entity required for the execution, delivery and performance by Purchaser or UniTek, as
the case may be, have been duly obtained or made and are in full force and effect.

 

3.4This Agreement, when executed and
delivered, will constitute the legal, valid and binding obligation of each of Purchaser and UniTek, enforceable in accordance with
its terms, subject, as to the enforcement of remedies, to applicable bankruptcy, insolvency and similar laws affecting creditors’
rights generally and to general principles of equity; and

 

3.5There are no actions, suits or other
proceedings at law or in equity against Purchaser or UniTek by or before any arbitrator, arbitration panel or Governmental Entity,
(b) there are no investigations known to Purchaser or UniTek by any Governmental Entity of the affairs of, or threatened action
in writing, suit or other such proceeding against or affecting, Purchaser or UniTek or any of their respective properties or rights,
and (iii) neither Purchaser nor UniTek is in default with respect to any order, writ, injunction, decree, rule or regulation of
any Governmental Entity binding upon it; except, in the case of sub-clauses (i) through (iii), where such could not reasonably
be expected to have a Material Adverse Effect. “Material Adverse Effect” means a material adverse effect on (i) the
business, operations, results of operations, assets, liabilities, or condition (financial or otherwise) of UniTek or (ii) the ability
of Purchaser or UniTek to perform its obligations under this Agreement or on LLC Seller’s ability to enforce any such obligations.

 

ARTICLE IV

MISCELLANEOUS

 

4.1The provisions of this Agreement
may be amended only with the written consent of each of the parties hereto.

 

4.2All payments to be made to LLC Seller
shall be made in the lawful money of the United States in immediately available funds.

 

4.3All questions concerning the construction,
validity, and interpretation of this Agreement will be governed by and construed in accordance with the domestic laws of the State
of Ohio, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of Ohio or any other
jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Ohio.

 

4.4WAIVER OF JURY TRIAL. EACH OF THE
PARTIES HERETO IRREVOCABLY WAIVES ALL RIGHTS TO A TRIAL BY JURY IN ANY SUIT, ACTION, OR OTHER PROCEEDING INSTITUTED BY OR AGAINST
SUCH PARTY IN RESPECT OF ITS, HIS OR HER OBLIGATIONS HEREUNDER OR THE TRANSACTIONS CONTEMPLATED HEREBY.

    	-4-

    	 

    
 

4.5SUBMISSION TO JURISDICTION.
Each of the parties hereby irrevocably submits itself to the jurisdiction of the state courts of the State of Ohio in Hancock County
and to the jurisdiction of the United States District Court for the Northern District of Ohio for the purposes of any suit, action
or other proceeding arising out of or based upon this agreement or the subject matter hereof. Each of the parties, to the extent
permitted by applicable law, hereby waives, and agrees not to assert, by way of motion, as a defense, or otherwise, in any such
suit, action or proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its
property is exempt or immune from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum,
that the venue of the suit, action or proceeding is improper or that this agreement or the subject matter hereof may not be enforced
in or by such Court. Each of Purchaser and Unitek agrees that its submission to jurisdiction is made for the express benefit of
LLC Seller. Final Judgment against Purchaser or Unitek in any such action, suit or proceeding shall be conclusive, and may be enforced
in any other jurisdiction (A) by suit, action or proceeding on the judgment, a certified or true copy of which shall be conclusive
evidence of the fact and of the amount of indebtedness or liability of Purchaser or Unitek, as the case may be, therein described
or (B) in any other manner provided by or pursuant to the laws of such other jurisdiction.

 

4.6CONFESSION OF JUDGMENT.
Purchaser and Unitek each hereby authorizes any attorney at law to appear in any Court of Record in the State of Ohio or in any
state or territory of the United States after any or all of the Earnout Payments become due, whether upon an Event of Default or
otherwise, to waive the issuing and service of process, and to confess judgment against any one or more of Purchaser and/or Unitek
in favor of LLC Seller for the amount then appearing due, including interest, late charges, collections costs, attorneys' fees
and the like, together with costs of suit, and thereupon to waive and release all errors in said proceedings and judgments, and
all petitions in error and rights of appeal from said judgments, and all stays of execution. No such judgment or judgments against
less than all of Purchaser and/or Unitek shall be a bar to a subsequent judgment or judgments against any one or more of Purchaser
and/or Unitek against whom judgment has not been obtained hereon, this being a joint and several warrant of attorney to confess
judgment.

  

[Signature Page Follows
on Next Page]

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

 

 

 

WARNING-BY
SIGNING THIS PAPER YOU GIVE UP YOUR RIGHT TO NOTICE AND COURT TRIAL. IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST
YOU WITHOUT YOUR PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE
AGAINST THE CREDITOR WHETHER FOR RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT, OR ANY OTHER CAUSE.

 

	 	UNITEK GLOBAL SERVICES, INC.
	 	 	 
	 	 	 
	 	 	 
	 	By:	/s/ Ronald J. Lejman
	 	Printed Name:	Ronald J. Lejman 
	 	Its:	Chief
    Financial Officer

 

 

 

WARNING-BY
SIGNING THIS PAPER YOU GIVE UP YOUR RIGHT TO NOTICE AND COURT TRIAL. IF YOU DO NOT PAY ON TIME A COURT JUDGMENT MAY BE TAKEN AGAINST
YOU WITHOUT YOUR PRIOR KNOWLEDGE AND THE POWERS OF A COURT CAN BE USED TO COLLECT FROM YOU REGARDLESS OF ANY CLAIMS YOU MAY HAVE
AGAINST THE CREDITOR WHETHER FOR RETURNED GOODS, FAULTY GOODS, FAILURE ON HIS PART TO COMPLY WITH THE AGREEMENT, OR ANY OTHER CAUSE.

 

	 	DIRECTSAT USA, LLC
	 	 	 
	 	 	 
	 	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	Printed Name:	Ronald J. Lejman  
	 	Its:	Manager

 

    	 

    	 	

    
 

	 	SKYLINK LTD.
	 	 	 
	 	 	 
	 	By:	/s/ John Larbus
	 	Printed Name:	John Larbus 
	 	Its:	CEO
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	/s/ John Larbus
	 	John Larbus

 

 

    	2Exhibit 10.2

 

FIRST AMENDMENT

 

FIRST AMENDMENT, dated as of September 14,
2012 (this “Amendment”), to the Term Loan Credit Agreement, dated as of April 15, 2011 (as amended, modified,
restated and supplemented from time to time, the “Credit Agreement”), among UniTek Global Services, Inc., a
Delaware corporation (the “Borrower”), the lending and other financial institutions from time to time party
thereto (each a “Lender” and, collectively, the “Lenders”), and FBR Capital Markets LT, Inc.,
as Documentation Agent, Syndication Agent and Administrative Agent (in such capacity, the “Administrative Agent”).

 

W I T N E S S E T H:

 

WHEREAS, pursuant to the Credit Agreement,
the Lenders have agreed to make, and have made, certain loans and other extensions of credit to the Borrower;

 

WHEREAS, pursuant to Section 2.18 of the Credit
Agreement, the Borrower has requested that $15,000,000 of Incremental Term Loans (the “Incremental Term Loans”)
be made available to the Borrower;

 

WHEREAS, pursuant to Section 2.18(d), the
Credit Agreement may be amended to the extent necessary to reflect the existence and terms of Incremental Term Loans evidenced
thereby;

 

WHEREAS, the Borrower has requested that certain
provisions of the Credit Agreement be amended as set forth herein; and

 

WHEREAS, the Administrative Agent and the
Borrower are willing to agree to such amendments, subject to the terms and conditions set forth herein;

 

NOW, THEREFORE, the parties hereto agree as
follows:

 

SECTION 1.Definitions.  Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit
Agreement.

 

SECTION 2.Amendment to Section 1.1.
 

 

(a)Section 1.1 of the Credit
Agreement is hereby amended by adding the following new definition in alphabetical order:

 

“Incremental Term
Loan Commitments” as to any Lender, the obligation of such Lender, if any, to make an Incremental Term Loan to the Borrower
in a principal amount not to exceed the amount set forth opposite such Lender’s name on an Increased Facility Activation
Notice.

 

(b)The following definition
in Section 1.1 of the Credit Agreement is hereby amended as follows:

 

The definition of “Commitments”
is hereby amended by adding the words “and the Incremental Term Loan Commitments of such Lender, if any” immediately
after the words “Tranche B Term Commitment”.

    	 

    	 

    
 

SECTION 3.Amendment to Section 2.5(b).  Section
2.5(b) of the Credit Agreement is hereby amended in its entirety to read as follows:

 

(b)If all or any portion
of the Term Loans are (i) repaid or (ii) repriced (or effectively refinanced) through any amendment of this Agreement (collectively,
“Refinanced Loans”) (x) prior to the first anniversary of the Closing Date, the Borrower shall pay to the Lenders
holding such Refinanced Loans a prepayment premium equal to 2.00% of the aggregate principal amount so repaid or repriced (or,
in the case of clause (ii) above, of the aggregate amount of Term Loans outstanding immediately prior to such amendment), and (y)
on or following the first anniversary of the Closing Date through the second anniversary of the Closing Date, the Borrower shall
pay to the Lenders holding such Refinanced Loans a prepayment premium equal to 1.00% of the aggregate principal amount so repaid
or repriced (or, in the case of clause (ii) above, of the aggregate amount of Term Loans outstanding immediately prior to such
amendment).

 

SECTION 4.Amendment to Section 9.1.  The
penultimate paragraph of Section 9.1 of the Credit Agreement is hereby amended by adding the phrase “or all outstanding
Term Loans” immediately after the words “Tranche B Term Loans” in the first sentence thereof.

 

SECTION 5.Representations and
Warranties.  The Borrower hereby represents and warrants that (a) each of the representations and warranties made
by any Loan Party in or pursuant to the Loan Documents shall be, after giving effect to this Amendment, true and correct in all
material respects on and as of such date as if made on and as of the First Amendment Effective Date, except to the extent such
representations and warranties expressly date to an earlier date, in which case such representations and warranties shall be true
and correct in all material respects on and as of such earlier date and (b) no Default or Event of Default shall have occurred
and be continuing after giving effect to this Amendment.

 

SECTION 6.Reaffirmation of Loan
Documents.  By signing this Amendment, each Loan Party hereby ratifies and confirms that its obligations and liabilities
under the Credit Agreement as modified hereby and the other Loan Documents to which it is a party remain in full force and effect
on a continuous basis after giving effect to this Amendment. Each Loan Party ratifies and confirms that all Liens granted, conveyed,
or assigned by such Person pursuant to the Loan Documents and all guarantee obligations of such Person under the Loan Documents
remain in full force and effect and secure and guarantee full payment and performance of the Obligations as increased and amended
by the Incremental Term Loans, the Increased Activation Notice and this Amendment.

 

SECTION 7.Expenses.  The
Borrower agrees to pay and reimburse the Administrative Agent for all its reasonable out-of-pocket costs and expenses incurred
in connection with the preparation and delivery of this Amendment, the Increased Facility Activation Notice and any other documents
prepared in connection herewith and the transaction contemplated hereby, including, without limitation, the reasonable fees and
disbursements of counsel to the Administrative Agent.

 

SECTION 8.GOVERNING LAW.  THIS
AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK. EACH PARTY HERETO HEREBY AGREES AS SET FORTH IN SECTIONS 9.12 AND 9.16 OF THE CREDIT AGREEMENT
AS IF SUCH SECTIONS WERE SET FORTH HEREIN.

 

SECTION 9.Amendments; Execution
in Counterparts.  (a)  This Amendment shall not constitute an amendment of any other provision of the Credit
Agreement not expressly referred to herein and shall not be construed as a waiver or consent to any further or future action on
the part of the Borrower that would require a waiver or consent of the Administrative Agent. Except as expressly amended hereby,
the provisions of the Credit Agreement are and shall remain in full force and effect.

    	2

    	 

    
 

(b)The Borrower and the other parties
hereto hereby acknowledge and agree that this Amendment shall constitute a “Loan Document” as such term is used in
the Credit Agreement, and each reference in the Credit Agreement as amended hereby to the “Loan Documents” shall be
deemed to include this Amendment.

 

(c)This Amendment may be executed
by one or more of the parties to this Amendment on any number of separate counterparts, including by means of facsimile or electronic
transmission in .pdf format, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.

 

[Remainder of page
intentionally left blank]

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IN WITNESS WHEREOF, the parties hereto have
caused this Amendment to be duly executed and delivered by their respective duly authorized officers as of the day and year first
above written.

 

	 	UNITEK GLOBAL SERVICES, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Ronald J. Lejman
	     	 	Name: Ronald J. Lejman
	     	 	Title: Chief Financial Officer
	 	 	 	 
	 	 	 	 
	 	UNITEK ACQUISITION, INC.
	 	 
	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer
	 	 	 	 
	 	NEXLINK GLOBAL SERVICES. INC. (f/k/a BCI
     COMMUNICATIONS, INC.)
	 	 
	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer
	 	 	 	 
	 	UNITEK USA, LLC
	 	 
	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer
	 	 	 	 
	 	 	 	 
	 	ADVANCED COMMUNICATIONS USA, INC
	 	 
	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer
	 	 	 	 
	 	 	 	 
	 	DIRECTSAT USA, LLC
	 	 
	 	 
	 	By:	/s/ Ronald J. Lejman 
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer

 

    	[Signature Page-First Amendment to  Credit Agreement]

    	 

    
 

	 	FTS USA, LLC
	 	 	 	 
	 	By:	/s/ Ronald J. Lejman  
	 	 	Name: Ronald J. Lejman
	 	 	Title: Chief Financial Officer

 

 

    	[Signature Page-First Amendment to  Credit Agreement]

    	 

    
 

	 	FBR CAPITAL MARKETS LT, INC.,
	 	as Administrative Agent
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Robert J. Kiernan
	     	 	Name: Robert J. Kiernan
	 	 	Title: Senior Vice President

 

 

    	[Signature Page-First Amendment to  Credit Agreement]

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