Document:

Exhibit 10.1

 

NINTH AMENDMENT & WAIVER

 

This Ninth Amendment & Waiver (this “Amendment”)
dated as of September 14, 2009 (the “Ninth Amendment Effective Date”)
is by and among MxEnergy Inc., a Delaware corporation (“MxEnergy”),
MxEnergy Electric Inc., a Delaware corporation (“MxEnergy Electric”,
MxEnergy and MxEnergy Electric each a “Borrower” and collectively, the “Borrowers”),
MxEnergy Holdings Inc. and certain Subsidiaries thereof (collectively, the “Guarantors”),
the financial institutions and other Persons whose signatures appear below as
Lenders, Société Générale, as Issuing Bank, and Société Générale, as
Administrative Agent.

 

PRELIMINARY STATEMENTS

 

A.            Reference
is made to the Third Amended and Restated Credit Agreement dated as of November 17,
2008 among the Borrowers, the Guarantors, the lenders party thereto and the
Administrative Agent, as amended by the First Amendment dated as of March 11,
2009, the Second Amendment & Waiver dated as of May 15, 2009, the
Third Amendment & Waiver dated as of May 29, 2009, the Fourth
Amendment & Waiver dated as of June 8, 2009, the Fifth Amendment
dated as of June 15, 2009, the Sixth Amendment, Waiver & Consent
dated as of July 31, 2009, the Seventh Amendment & Waiver dated
as of August 14, 2009, and the Eighth Amendment & Waiver dated as
of August 31, 2009 (as amended through the date hereof, the “Credit
Agreement”).  Unless otherwise
expressly provided herein, capitalized terms used herein and not otherwise
defined shall have the meanings assigned to such terms in the Credit Agreement.

 

B.            Section 7.01(m) of
the Credit Agreement provides that it is an Event of Default if on or prior to September 4
2009 (i) the Administrative Agent has not received written confirmation
from the Refinance Party confirming the items set forth in clauses (a)(x)(i)—(iii) of
the definition of “Trigger Event”, (ii) the final form of Collateral LOC
is not in form and substance satisfactory to the Issuing Bank in its sole
discretion, or (iii) the final form of Payoff Letter is not in form and
substance satisfactory to the Administrative Agent in its sole discretion
(collectively, the “September 4 Milestone Requirements”).  As of September 4, 2009, the September 4
Milestones were not satisfied, and therefore an Event of Default occurred and
is continuing as of the date hereof (collectively, the “September 4
Defaults”).

 

C.            The Borrowers have requested that the Majority
Lenders, the Issuing Bank and the Administrative Agent amend the Credit
Agreement as set forth in this Amendment and waive the September 4
Defaults to the extent provided herein.

 

D.            The
Lenders party hereto, constituting the
Majority Lenders under the Credit Agreement, the Issuing Bank and the
Administrative Agent are willing to amend the Credit Agreement and waive the September 4
Defaults, each on the terms and conditions set forth herein.

 

NOW THEREFORE, in consideration of the premises and
the covenants and agreements contained herein, the parties hereto agree as
follows:

 

 

AGREEMENT

 

Section 1.               Amendment to Credit Agreement.
 Section 2.14(a) is hereby
amended by replacing the first sentence thereof with the following:

 

Subject to the terms of this
Agreement, from time-to-time from the Closing Date until 2 Business Days prior
to Maturity Date, at the request of a Borrower, the Issuing Bank shall, on the
terms and conditions hereinafter set forth, issue, increase, amend, renew or
extend the expiration date of Letters of Credit for the account of such
Borrower or for the account of any Subsidiary of a Borrower (in which case such
Borrower and such Subsidiary shall be co-applicants with respect to such Letter
of Credit) on any Business Day.

 

Section 2.               Waiver.

 

(a)           The Majority Lenders, the Issuing Bank and the Administrative Agent
hereby agree, subject to the terms and conditions of this Waiver, to waive the September 4
Defaults.  The foregoing waiver shall
relate back to, and be deemed effective as of, the date of the occurrence of
the applicable Default.

 

(b)           The waiver by the Majority Lenders, the Issuing Bank and the Administrative Agent
described in this Section 2 is contingent upon the satisfaction of
the conditions precedent set forth below in this Waiver and is limited to the September 4
Defaults.  Such waiver is limited to the
extent described herein and shall not be construed to be a consent to or a
permanent waiver of Section 7.01(m) of the Credit Agreement or
any other terms, provisions, covenants, warranties or agreements contained in
the Credit Agreement or in any of the other Loan Documents.  The Administrative Agent and the Lenders
reserve the right to exercise any rights and remedies available to them in
connection with any other present or future Defaults or Events of Default with
respect to the Credit Agreement or any other provision of any Loan Document.

 

Section 3.               Conditions to Effectiveness.  This Amendment shall be effective as of the
Ninth Amendment Effective Date when the Administrative Agent shall have
received each of the following:

 

(a)           counterparts of this Amendment, duly
executed by each Loan Party and the Majority Lenders;

 

(b)           written confirmation (which written
confirmation may be sent via electronic mail) from the Refinance Party,
confirming that it has agreed to the final form of the Collateral LOC with the
Issuing Bank (which form is attached hereto as Exhibit A), and
agreed to the final form of Payoff Letter with the Administrative Agent (which
form is attached hereto as Exhibit B); and

 

(c)           a duly executed waiver to the Master
Transaction Agreement for which no fees are paid to the Secured Counterparty in
consideration, which shall (i) be effective, (ii) waive any Specified
Event (as defined therein) that occurred as a result of the 

 

 

September 4 Defaults, and (iii) otherwise be
satisfactory to the Administrative Agent and the Majority Lenders in their sole
discretion.

 

Section 4.               Representations and Warranties.  Each Loan Party jointly and severally hereby
represents and warrants that, as of the Ninth Amendment Effective Date (after
giving effect to this Amendment):

 

(a)           all representations and warranties of
such Loan Party contained in the Credit Agreement, as amended hereby, and any
other Loan Document are true and correct in all material respects with the same
effect as if such representations and warranties had been made on the Ninth
Amendment Effective Date (it being understood and agreed that any
representation which by its terms is made as of a specified date shall be
required to be true and correct only as of such specified date); and

 

(b)           no Default has occurred and is
continuing.

 

Section 5.               Consent of Guarantors;
Confirmation of Guarantees.  Each
Guarantor hereby consents to this Amendment and hereby confirms and agrees that
notwithstanding the effectiveness of this Amendment, the Guarantee contained in
Article VIII of the Credit Agreement is, and shall continue to be, in full
force and effect and is hereby ratified and confirmed in all respects.

 

Section 6.               Release; Acknowledgement of
Debt.

 

(a)           As a material part of the
consideration for the Administrative Agent and the Lenders entering into this
Amendment, each Borrower and each Guarantor, on behalf of itself and its
officers, directors, equity holders, Affiliates, successors and assigns, hereby
releases and forever discharges the Administrative Agent, the Issuing Bank, and
each Lender and their respective predecessors, officers, managers, directors,
shareholders, employees, agents, attorneys, representatives, subsidiaries, and
Affiliates (each a “Lender Party”) from any and all claims, expenses,
costs, causes of actions or other losses or liabilities of any nature
whatsoever existing on the Ninth Amendment Effective Date, including, without
limitation, all claims, expenses, costs, causes of actions or other losses or
liabilities for or in respect of contribution and indemnity, whether arising at
law or in equity, whether liability be direct or indirect, liquidated or
unliquidated, whether absolute or contingent, foreseen or unforeseen, and
whether or not heretofore asserted, which any Borrower or Guarantor may have or
claim to have against any Lender Party under, arising out of, in connection
with, or in any way related to, this Amendment, the Credit Agreement, as
amended hereby, or any other Loan Documents. 
For the avoidance of doubt, the provisions of this clause shall survive
any termination of the Credit Agreement, as amended hereby.

 

(b)           As of 9 a.m. New York time on
the Ninth Amendment Effective Date, (i) the aggregate outstanding
principal amount of (A) Revolving Advances is $0 and (B) Bridge Loans
is $5,400,000.00; and (ii) the aggregate undrawn face amount of the
Letters of Credit is $86,760,251.

 

 

Section 7.               Governing Law.  This Amendment shall be governed by, and
construed and enforced in accordance with, the internal laws of the State of
New York without regard to conflict of laws principles.

 

Section 8.               Entire Agreement.  This Amendment, the Credit Agreement and the
other Loan Documents constitute the entire agreement and understanding among
the parties and supersede all prior agreements and understandings, whether
written or oral, among the parties hereto concerning the transactions provided
herein and therein.

 

Section 9.               Execution in Counterparts.  This Amendment 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 one and the same agreement.  Delivery of an executed counterpart of a
signature page to this Amendment by facsimile shall be as effective as
delivery of a manually executed counterpart of this Amendment.

 

Section 10.             Headings.  The headings set forth in this Amendment are
and shall be without substantive meaning or content of any kind whatsoever and
are not a part of the agreement between the parties hereto.

 

Section 11.             Severability.  In case any provision in or obligation under
this Amendment shall be invalid, illegal or unenforceable in any jurisdiction,
the validity, legality and enforceability of the remaining provisions or
obligations, or of such provision or obligation in any other jurisdiction,
shall not in any way be affected or impaired thereby.

 

[Signature pages follow]

 

 

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 Ninth Amendment Effective Date.

 

	
   

  	
  BORROWERS:

  
	
   

  	
   

  
	
   

  	
  MXENERGY INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHAITU PARIKH

  
	
   

  	
  Name: Chaitu Parikh

  
	
   

  	
  Title: Chief Operating Officer

  
	
   

  	
   

  
	
   

  	
  MXENERGY ELECTRIC INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHAITU PARIKH

  
	
   

  	
  Name: Chaitu Parikh

  
	
   

  	
  Title: Chief Operating Officer

  
	
   

  	
   

  
	
   

  	
  GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  MXENERGY HOLDINGS INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHAITU PARIKH

  
	
   

  	
  Name: Chaitu Parikh

  
	
   

  	
  Title: Chief Operating Officer

  
	
   

  	
   

  
	
   

  	
  ONLINE CHOICE INC.

  
	
   

  	
  MXENERGY GAS CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY ELECTRIC CAPITAL HOLDINGS

  
	
   

  	
  CORP.

  
	
   

  	
  MXENERGY GAS CAPITAL CORP.

  
	
   

  	
  MXENERGY ELECTRIC CAPITAL CORP.

  
	
   

  	
  MXENERGY CAPITAL HOLDINGS CORP.

  
	
   

  	
  INFOMETER.COM INC.

  
	
   

  	
  MXENERGY CAPITAL CORP.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHAITU PARIKH

  
	
   

  	
  Name: Chaitu Parikh

  
	
   

  	
  Title: Chief Operating Officer

  
	
   

  	
   

  
	
   

  	
  MXENERGY SERVICES INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ CHAITU PARIKH

  
	
   

  	
  Name: Chaitu Parikh

  
	
   

  	
  Title: Chief Operating Officer

  

 

 

	
   

  	
  SOCIÉTÉ GÉNÉRALE, as Administrative Agent

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/BARBARA PAULSEN

  
	
   

  	
  Name: Barbara Paulsen

  
	
   

  	
  Title: Managing Director

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHUNG-TAEK OH

  
	
   

  	
  Name: Chung-Taek Oh

  
	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  SOCIÉTÉ GÉNÉRALE, as Issuing Bank

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/BARBARA PAULSEN

  
	
   

  	
  Name: Barbara Paulsen

  
	
   

  	
  Title: Managing Director

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHUNG-TAEK OH

  
	
   

  	
  Name: Chung-Taek Oh

  
	
   

  	
  Title: Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  LENDERS:

  
	
   

  	
   

  
	
   

  	
  SOCIÉTÉ GÉNÉRALE

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/BARBARA PAULSEN

  
	
   

  	
  Name: Barbara Paulsen

  
	
   

  	
  Title: Managing Director

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/CHUNG-TAEK OH

  
	
   

  	
  Name: Chung-Taek Oh

  
	
   

  	
  Title: Vice President

  

 

 

	
   

  	
  WACHOVIA BANK, N.A.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/STEVEN MARKUNAS

  
	
   

  	
  Name: Steven Markunas

  
	
   

  	
  Title: Assistant Vice President

  

 

 

	
   

  	
  CoBANK, ACB

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/DALE KEYES

  
	
   

  	
  Name: Dale Keyes

  
	
   

  	
  Title: Vice President

  

 

 

	
   

  	
  MORGAN STANLEY BANK, N.A.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/TODD VANUCCI

  
	
   

  	
  Name: Todd Vanucci

  
	
   

  	
  Title: Managing Director

  

 

 

	
   

  	
  BANK OF AMERICA, N.A.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/DAVID MAIORELLA

  
	
   

  	
  Name: David Maiorella

  
	
   

  	
  Title: Senior Vice President

  

 

 

	
   

  	
  ALLIED IRISH BANKS p.l.c.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/MARK CONNELLY

  
	
   

  	
  Name: Mark Connelly

  
	
   

  	
  Title: Senior Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/JAMES GIORDANO

  
	
   

  	
  Name: James Giordano

  
	
   

  	
  Title: Assistant Vice President

  

 

 

	
   

  	
  RZB FINANCE LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ASTRID WILKE

  
	
   

  	
  Name: Astrid Wilke

  
	
   

  	
  Title:  Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/PEARL GEFFERS

  
	
   

  	
  Name: Pearl Geffers

  
	
   

  	
  Title: First Vice President

  

 

 

Exhibit A

 

FORM OF COLLATERAL LOC

 

 

Exhibit B

 

FORM OF PAYOFF LETTERExhibit 10.2

 

SEVENTEENTH AMENDMENT AND WAIVER TO

MASTER TRANSACTION AGREEMENT

 

This Seventeenth Amendment and Waiver to the Master
Transaction Agreement (this “Amendment”),
dated as of September 14, 2009 (the “Amendment
Date”), by and among MXEnergy Inc., a Delaware corporation (the
“Counterparty”), MXEnergy
Holdings Inc. (the “Parent”) and
certain Subsidiaries thereof, as guarantors (collectively, the “Guarantors”), and Société Générale, as hedge
provider (the “Hedge Provider”).

 

PRELIMINARY STATEMENTS

 

Reference is made to each of (i) the Master
Transaction Agreement, dated as of August 1, 2006, as amended by (A) the
First Amendment to Master Transaction Agreement dated as of April 6, 2007,
(B) the Second Amendment to Master Transaction Agreement dated as of December 17,
2007, (C) the Third Amendment to Master Transaction Agreement dated as of May 12,
2008, (D) the Fourth Amendment to Master Transaction Agreement dated as of
July 31, 2008, (E) the Fifth Amendment to Master Transaction
Agreement dated as of September 30, 2008, (F) the Sixth Amendment to
Master Transaction Agreement dated as of November 4, 2008, (G) the
Seventh Amendment to Master Transaction Agreement dated as of November 7,
2008, (H) the Eighth Amendment to Master Transaction Agreement dated as of
November 17, 2008, (I) the Ninth Amendment to Master Transaction
Agreement dated as of March 16, 2009, (J) the Tenth Amendment to the
Master Transaction Agreement dated as of May 15, 2009, (K) the
Eleventh Amendment to the Master Transaction Agreement dated as of May 29,
2009, (L) the Twelfth Amendment to the Master Transaction Agreement dated
as of June 8, 2009,(M) the Thirteenth Amendment to the Master
Transaction Agreement dated as of July 31, 2009, (N) the Fourteenth
Amendment to the Master Transaction Agreement dated as of August 14, 2009,
(O) the Fifteenth Amendment to the Master Transaction Agreement dated as
of August 31, 2009, (P) the Sixteenth Amendment to the Master
Transaction Agreement dated as of September 3, 2009 and (Q) this
Amendment  (the original Master
Transaction Agreement, as amended through this Amendment, being herein referred
to as the “Master Transaction Agreement”),
among the Counterparty, the Guarantors and the Hedge Provider, (ii) the
ISDA Master Agreement (as defined in the Master Transaction Agreement and
amended to date, including by the Eighth Amendment to the Schedule to the ISDA
Master Agreement dated as of the date hereof), (iii) the Credit Agreement
(as defined in the Master Transaction Agreement and amended to date), and (iv) the
Intercreditor Agreement (as defined in the Master Transaction Agreement and
amended to date);

 

The Counterparty and the Guarantors have requested
that the Hedge Provider amend the Master Transaction Agreement.

 

The Lenders under the Credit Agreement have entered
into the Ninth Amendment and Waiver to the Credit Agreement (the “Credit
Agreement Ninth Amendment”) as of the date hereof, attached hereto as Exhibit A;

 

The Counterparty has advised the Hedge Provider that
certain Trigger Events (as defined in the Credit Agreement) have occurred, each
related to the milestone requirements described in the 

 

 

Credit Agreement Ninth Amendment (the “September 4
Milestone Requirements”), which, if not waived by the Lenders thereunder,
would constitute Events of Default under the Credit Agreement (the “September 4
Defaults”).

 

The Lenders under the Credit Agreement have agreed to
waive the September 4 Defaults pursuant to, and only to the extent set
forth in, the Credit Agreement Ninth Amendment;

 

The Counterparty has advised the Hedge Provider that
certain Specified Events have occurred in relation to the September 4
Milestone Requirements and September 4 Defaults which, if not waived by
the Hedge Provider, would each constitute a Specified Event under the Master
Transaction Agreement (collectively, the “MTA Specified Events”);

 

The Counterparty and the Guarantors have requested
that the Hedge Provider waive the MTA Specified Events;

 

The Hedge Provider is willing to waive the MTA
Specified Events solely on the terms and conditions set forth herein; and

 

The Hedge Provider is willing to amend the Master
Transaction Agreement on the terms and conditions set forth herein.

 

AGREEMENT

 

NOW THEREFORE, in consideration of the premises and
the covenants and agreements contained herein, the parties hereto hereby agree
as follows:

 

Section 1.               Definitions.  Unless otherwise specifically provided
herein, capitalized terms used but not defined herein shall have the meanings
specified in the Master Transaction Agreement.

 

Section 2.               Amendments to Master Transaction Agreement. 
The Master Transaction Agreement is hereby amended as set forth below,
which amendments shall be effective as of the date on which the requirements
set forth in Section 4 of this Amendment are satisfied (the “Amendment Effective Date”):

 

(a)           Section 1.01 of the Master Transaction Agreement
is hereby amended to add the following definition in the appropriate
alphabetical order:

 

“Credit Agreement Ninth Amendment” means the
Ninth Amendment and Waiver to the Credit Agreement dated as of September 14,
2009.

 

“Seventeenth Amendment” means the Seventeenth
Amendment to the Master Transaction Agreement dated as of September 14,
2009.

 

(b)           The Definition of “Milestone” contained in Section 1.01
of the Master Transaction Agreement is hereby amended by changing all
references to “August 31, 2009” in each of clauses (v) and (vi) thereof
to “September 21, 2009”.

 

 

Section 3.               Waiver.

 

(a)           With respect to the September 4 Milestone
Requirements and the resulting September 4 Defaults that have each been
waived in writing by the Lenders under the Credit Agreement pursuant to the
Credit Agreement Ninth Amendment, but only to the extent so waived thereunder
and only for so long as such waivers are in effect and the effectiveness of
such waivers are not challenged or contested by any of the Lenders and are not
thereafter rescinded, the Hedge Provider hereby waives the MTA Specified Events
that result from the failure of the Counterparty to comply with the September 4
Milestone Requirements.  The waiver
expressed in this Section 3(a) shall be effective only so long as the
representations and warranties herein contained remain true and correct.

 

(b)           Except as expressly provided in Section 3(a) above,
all of the terms and provisions of the Master Transaction Agreement and all
Transaction Documents are and shall remain in full force and effect. Section 3(a) shall
not be construed (i) as a waiver or amendment of any provision of the
Master Transaction Agreement (including the occurrence of any Specified Event
and the effect of such occurrence other than under the conditions expressly set
forth in Section 3(a)) or the Transaction Documents, (ii) for any
purpose except as expressly set forth herein or (iii) as
a consent to any further or future action on the part of Counterparty.

 

Section 4.               Conditions to Effectiveness.  This
Amendment shall be effective on the date on which the Hedge Provider shall have
received each of the following, in form and substance satisfactory to the Hedge
Provider:

 

(a)           written evidence in form and substance satisfactory to
the Hedge Provider that any and all third party consents or waivers required in
connection with this Amendment have been obtained;

 

(b)           counterparts of this Amendment, duly executed and
delivered by the Counterparty and the Guarantors;

 

(c)           the eleventh amendment to the Schedule to the ISDA
Master Agreement has been executed and delivered by the Hedge Provider and the
Counterparty;

 

(d)           written evidence of corporate authority satisfactory
to the Hedge Provider, which may include an opinion of outside counsel,
regarding the authority of Counterparty and all Guarantors to execute and
deliver this Amendment and to fulfill their respective obligations hereunder;
and

 

(e)           written evidence in form and substance satisfactory to
the Hedge Provider that the Credit Agreement Ninth Amendment, in form and
substance acceptable to the Hedge Provider in its sole discretion, has been
fully executed and delivered by each party thereto.

 

Section 5.               Representations and Warranties.  Each of the
Counterparty, the Parent and the Guarantors (each a “Transaction Party”
and, collectively, the “Transaction Parties”) hereby jointly and
severally represents and warrants to the Hedge Provider that, as of the
Amendment Date and as of the Amendment Effective Date:

 

 

(a)           all representations and warranties of such Transaction
Party contained in the Master Transaction Agreement and any other Transaction
Document are true and correct in all material respects with the same effect as
if such representations and warranties had been made on the Amendment Date (it
being understood and agreed that any representation which by its terms is made
as of a specified date shall be required to be true and correct only as of such
specified date);

 

(b)           except as expressed herein and after giving effect to
the waiver set forth herein, no Specified Event, and no Event of Default or
Termination Event on the part of any Transaction Party, has occurred and is
continuing;

 

(c)           the Counterparty has delivered a copy of this
Amendment in its final form to the Administrative Agent and the Lenders under
the Credit Agreement prior to the time that the Administrative Agent and the
Lenders under the Credit Agreement have executed and delivered the Credit Agreement
Ninth Amendment;

 

(d)           no authorization, approval, consent, waiver or other
action by, and no notice to or filing with, any Governmental Authority or any
other Person is required for the due execution, delivery and performance by any
Transaction Party of this Amendment;

 

(e)           this Amendment has been duly authorized by all
necessary corporate or other organizational action of each Transaction Party
and has been duly executed and delivered by each Transaction Party; and

 

(f)            this Amendment and the Master Transaction Agreement
(as amended by this Amendment) constitutes a legal, valid and binding
obligation of each Transaction Party, enforceable against each Transaction
Party in accordance with its terms.

 

Section 6.               Release.  As a material part of the consideration for
the Hedge Provider to enter into this Amendment, each Transaction Party, on
behalf of itself and its officers, directors, equity holders, Affiliates,
successors and assigns, hereby releases and forever discharges the Hedge
Provider and their respective predecessors, officers, managers, directors,
shareholders, employees, agents, attorneys, representatives, subsidiaries, and
Affiliates (each a “Hedge Party”) from
any and all claims, expenses, costs, causes of actions or other losses or liabilities
of any nature whatsoever existing on the Amendment Date, including, without
limitation, all claims, expenses, costs, causes of actions or other losses or
liabilities for or in respect of contribution and indemnity, whether arising at
law or in equity, whether liability be direct or indirect, liquidated or
unliquidated, whether absolute or contingent, foreseen or unforeseen, and
whether or not heretofore asserted, which any Transaction Party may have or
claim to have against any Hedge Party under, arising out of, in connection
with, or in any way related to, this Amendment or any Transaction
Documents.  For the avoidance of doubt,
the provisions of this clause shall survive any termination of the Master
Transaction Agreement, as amended hereby.

 

Section 7.               Consent of Guarantors; Confirmation of Guarantees and Transaction
Documents.  Each Guarantor hereby consents to the
execution, delivery and performance of this Amendment and hereby confirms and
agrees that, notwithstanding the 

 

 

effectiveness of this
Amendment, the Guarantee contained in Article VIII of the Master
Transaction Agreement and the terms and provisions of each other Transaction
Document are, and each of the same shall continue to be, in full force and
effect and arc hereby ratified and confirmed in all respects.

 

Section 8.               Governing Law.  This Amendment shall be
governed by, and construed and enforced in accordance with, the internal laws
of the State of New York without regard to conflict of laws principles.

 

Section 9.               Entire Agreement Transaction Document.  Except to the
extent specifically modified and amended by this Amendment, the Master
Transaction Agreement shall remain in full force and effect and is hereby
ratified and confirmed.  This Amendment,
the Master Transaction Agreement and the other Transaction Documents constitute
the entire agreement and understanding among the parties and supersede all
prior agreements and understandings, whether written or oral, among the parties
hereto concerning the transactions provided herein and therein.  This Amendment is and shall be deemed to be a
Transaction Document in all respects and for all purposes.

 

Section 10.             Execution in Counterparts.  This
Amendment 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
one and the same agreement.  Delivery of
an executed counterpart of a signature page to this Amendment by facsimile
shall be as effective as delivery of a manually executed counterpart of this
Amendment.

 

Section 11.             Headings.  The headings set forth in this Amendment are
and shall be without substantive meaning or content of any kind whatsoever and
are not a part of the agreement between the parties hereto.

 

Section 12.             Severability.  In case any provision in or obligation under
this Amendment shall be invalid, illegal or unenforceable in any jurisdiction,
the validity, legality and enforceability of the remaining provisions or
obligations, or of such provision or obligation in any other jurisdiction,
shall not in any way be affected or impaired thereby.

 

Section 13.             Legal Fees; No Novation Fees.  Counterparty
and the Guarantors shall pay promptly upon request by the Hedge Provider all
legal fees incurred by the Hedge Provider in connection with this
Amendment.  The Hedge Provider agrees
that, except as otherwise set forth herein, no additional fees shall be due
from the Counterparty or the Guarantors in respect of the novation of the
Hedging Facility or any similar transaction related to Hedging Facility entered
into by the Counterparty other than amounts representing costs and expenses
actually and reasonably incurred by the Hedge Provider and its outside counsel
in connection therewith and any amount payable in respect of the value of the
Hedging Facility.

 

 

Section 14.             No Novation.  The parties intend that the execution and
delivery of this Amendment shall not constitute a novation of either Master
Transaction Agreement or any Hedging Transactions thereunder.

 

[Remainder of page intentionally
left blank]

 

 

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 Amendment Date.

 

 

	
   

  	
  COUNTERPARTY:

  
	
   

  	
   

  
	
   

  	
  MXENERGY INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/Chaitu Parikh

  
	
   

  	
   

  	
  Chaitu Parikh

  
	
   

  	
   

  	
  Vice President and
  Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  MXENERGY
  ELECTRIC INC.

  
	
   

  	
  MXENERGY
  HOLDINGS INC.

  
	
   

  	
  ONLINE CHOICE
  INC.

  
	
   

  	
  MXENERGY GAS
  CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY
  ELECTRIC CAPITAL HOLDINGS CORP.

  
	
   

  	
  MXENERGY GAS
  CAPITAL CORP.

  
	
   

  	
  MXENERGY
  ELECTRIC CAPITAL CORP.

  
	
   

  	
  MXENERGY CAPITAL
  HOLDINGS CORP.

  
	
   

  	
  MXENERGY CAPITAL
  CORP.

  
	
   

  	
  MXENERGY
  SERVICES INC.

  
	
   

  	
  INFOMETER.COM INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/Chaitu Parikh

  
	
   

  	
   

  	
  Chaitu Parikh

  
	
   

  	
   

  	
  Vice President and
  Chief Financial Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  HEDGE PROVIDER:

  
	
   

  	
   

  
	
   

  	
  SOCIÉTÉ GÉNÉRALE

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/GREGORY ADAMS

  
	
   

  	
   

  	
  Name: Gregory Adams

  
	
   

  	
   

  	
  Title: Managing
  Director

  

 

 

EXHIBIT A

 

[Refer to Exhibit 10.1
of this Form 8-K]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}]]