Document:

Converted by EDGARwiz

  

 

 Lloyd’s Certificate
 

 
 This Insurance is effected with certain Underwriters at Lloyd's, London.
 

 This Certificate is issued in accordance with the limited authorization granted to the Correspondent by certain Underwriters at Lloyd's, London whose syndicate numbers and the proportions underwritten by them can be ascertained from the office of the said Correspondent (such Underwriters being hereinafter called "Underwriters") and in consideration of the premium specified herein. Underwriters hereby bind themselves severally and not jointly, each for his own part and not one for another, their Executors and Administrators.
 

 The Assured is requested to read this Certificate, and if it is not correct, return it immediately to the Correspondent for appropriate alteration.
 

 All inquiries regarding this Certificate should be addressed to the following Correspondent:
 

 

 

 

 SLC-3 (USA) NMA2868 (24/08/00) form approved by Lloyd's Market Association
 

 

 
 
  CERTIFICATE PROVISIONS
 

 1.
 Signature Required. This Certificate shall not be valid unless signed by the Correspondent on the attached Declaration Page.
 

 2.
 Correspondent Not Insurer The Correspondent is not an Insurer hereunder and neither is nor shall be liable for any loss or claim whatsoever. The insurers hereunder are those Underwriters at Lloyds, London whose syndicate numbers can be ascertained as hereinbefore set forth. As used in this Certificate "Underwriters" shall be deemed to include incorporated as well as unincorporated persons or entities that are Underwriters at Lloyds, London.
 

 3.
 Cancellation. If this Certificate provides for cancellation and this Certificate is cancelled after the inception date, earned premium must be paid for the time the insurance has been in force.
 

 4.
 Service of Suit. It is agreed that in the event of the failure of Underwriters to pay any amount claimed to be due hereunder, Underwriters, at the request of the Assured, will submit to the jurisdiction of a Court of competent jurisdiction within the United States. Nothing in this Clause constitutes or should be understood to constitute a waiver of Underwriters’ rights to commence an action in any Court of competent jurisdiction in the United States, to remove an action to a United States District Court or to seek a transfer of a case to another Court as permitted by the laws of the United States or of any State in the United States. It is further agreed that service of process in such suit may he made upon the firm of person named in item 6 of the attached Declaration Page, and that in any suit instituted against any one of them upon this contract. Underwriters will abide by the final decision of such Court or of any Appellate Court in the event of an appeal.
 

 The above-named are authorized and directed to accept service of process on behalf of Underwriters in any such suit and/or upon request of the Assured to give a written undertaking to the Assured that they will enter a general appearance upon Underwriters' behalf in the event such a suit shall be instituted.
 

 Further, pursuant to any statute of any state, territory or district of the United States which makes provision therefor, Underwriters hereby designate the Superintendent Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as their true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the Assured or any beneficiary hereunder arising out of this contract of Insurance, and hereby designate the above- mentioned as the person to whom the said officer is authorized to mail such process or a true copy thereof.
 

 5.
 Assignment. This Certificate shall not be assigned either in whole or in part without the written consent of the Correspondent endorsed hereon.
 

 6,
 Attached Conditions Incorporated. This Certificate is made and accepted subject to all the provisions, conditions and warranties set forth herein, attached or endorsed, all of which are to be considered as incorporated herein.
 

 7,
 Short Rate Cancellation. If the attached provisions provide for cancellation, the table below will be used to calculate the short rate proportion of the premium when applicable under the terms of cancellation.
 

 

 
 
  

 	 	 	 	 	 	 	 	 	 	 	 
	 Days of Insurance 
 in Force
	 Percent of one year Premium
	  
	 Days of
 Insurance 
 in Force
	 Percent of one  year Premium
	  
	 Days of 
 Insurance 
 in Force
	 Percent of one  year Premium
	  
	 Days of 
 Insurance 
 in Force
	 Percent of one  year Premium

	 1
	 5%
	  
	 66-69
	 29%
	  
	 154-156
	 53%
	  
	 256-260
	 77%

	 2
	 6
	  
	 70-73
	 30
	  
	 157-160
	 54
	  
	 261-264
	 78

	 3-4
	 7
	  
	 74-76
	 31
	  
	 161-164
	 55
	  
	 265-269
	 79

	 5-6
	 8
	  
	 77-80
	 32
	  
	 165-167
	 56
	  
	 270-273 (9 mos)
	 80

	 7-8
	 9
	  
	 81-83
	 33
	  
	 168-171
	 57
	  
	 274-278
	 81

	 9-10
	 10
	  
	 84-87
	 34
	  
	 172-175
	 58
	  
	 279-282
	 82

	 11-12
	 11
	  
	 88-91(3 mos)
	 35
	  
	 176-178
	 59
	  
	 283-287
	 83

	 13-14
	 12
	  
	 92-94
	 36
	  
	 179-182 (6 mos)
	 60
	  
	 288-291
	 84

	 15-16
	 13
	  
	 95-98
	 37
	  
	 183-187
	 61
	  
	 292-296
	 85

	 17-18.
	 14
	  
	 99-102
	 38
	  
	 188-191
	 62
	  
	 297-301
	 86

	 19-20
	 15
	  
	 103-105
	 39
	  
	 192-196
	 63
	  
	 302-305 (10 mos)
	 87

	 21-22
	 16
	  
	 106-109
	 40
	  
	 197-200
	 64
	  
	 306-310
	 88

	 23-25
	 17
	  
	 110-113
	 41
	  
	 201-205
	 65
	  
	 311-314
	 89

	 26-29
	 18
	  
	 114-116
	 42
	  
	 206-209
	 66
	  
	 315-319
	 90

	 30-32 (1 mos).
	 19
	  
	 117-120
	 43
	  
	 210-214 (7 mos)
	 67
	  
	 320-323
	 91

	 33-36
	 20
	  
	 121-124 (4 mos)
	 44
	  
	 215-218
	 68
	  
	 324-328
	 92

	 37-40.
	 21
	  
	 125-127
	 45
	  
	 219-223
	 69
	  
	 329-332
	 93

	 41-43
	 22
	  
	 128-131
	 46
	  
	 224-228
	 70
	  
	 333-337 (11 mos)
	 94

	 44-47.
	 23
	  
	 132-135
	 47
	  
	 229-232
	 71
	  
	 338-342
	 95

	 48-51
	 24
	  
	 136-138
	 48
	  
	 233-237
	 72
	  
	 343-346
	 96

	 52-54
	 25
	  
	 139-142
	 49
	  
	 238-241
	 73
	  
	 347-351
	 97

	 55-58
	 26
	  
	 143-146
	 50
	  
	 242-246 (8 mos)
	 74
	  
	 352-355
	 98

	 59-62 (2 mos)
	 27
	  
	 147-149
	 51
	  
	 247-250
	 75
	  
	 356-360
	 99

	 63-65
	 28
	  
	 150-153 (5 mos)
	 52
	  
	 251-255
	 76
	  
	 361-365 (12 mos)
	 100

  

 Rules applicable to insurance with terms less than or more than one year:
 

 A.
 If insurance has been in force for one year or less, apply the short rate table for annual insurance to the full annual premium determined as for insurance written for a term of one year
 

 B.
 If insurance has been in force for more than one year:
 

 1.
 Determine full annual premium as for insurance written for a term of one year.
 2.
 Deduct such premium from the full insurance premium, and on the remainder calculate the pro rata earned premium on the basis of the ratio of the length of time beyond one year the insurance has been in force to the length of time beyond one year for which the policy was originally written.
 3.
 Add premium produced in accordance with items (1) and (2) to obtain earned premium during full period insurance has been in force
 

 
 This Declaration Page is attached to and forms part of Certificate provisions (Form SLC-3 USA NMA 2868)
 

 

 Previous No:
 

 Not Applicable
 

 

 

 Authority Ref. No:
 

 BA089360Z
 

 

 

 Certificate No.
 

 CY100004W
 

 

 1..
 Name and address of the Assured:
 

 Energy Edge Technologies Corp (EETC)
 

 1200 Route 22 East
 

 Suite 2000,
 

 Bridgewater, New Jersey 08807
 

 United States of America
 

 

 2.
 Effective
 

 To cover losses occurring on new and existing contracts reported during the policy period.
 

 From:  26th May 2010 at 12.01a.m. Local Standard Time at the address of the Assured.
 

 To:  26th May 2011 at 12.01a.m. Local Standard Time at the address of the Assured.
 

 

 
 
  

 3.
 Insurance 1s effective with certain UNDERWRITERS AT LLOYDS, LONDON.
 

 

 Percentage: 100% Small Business Consortium 9056
 

 

 SAM
 727
 45.0000%
 5N871C0212MU
 

 

 KLN
 510
 27.5000%
 KMFA10FEJU
 

 

 AFS
 2623
 22.2750%
 36095K10ANFT
 

 

 AFB
 623
 5.2250%
 B6095K10ANFT
 

 

 

 4.
        Amount:
 

 As per Insured Savings Guarantee attached
 

 

 

 5.
 Coverage:
 

      Reimbursement Contingency Insurance.
 

 

 
 In the event of non-renewal of this risk Underwriters agree to provide coverage for an additional 12 month run-off period on existing projects declared during the original period of insurance.
 

 

 

 6.
  Service of Suit may be made upon:
 

 Salter & Sachs, One Liberty Plaza, 23rd Floor, New York NY 10006, USA.
 

 

 

 7.
  In the event of a claim, please notify the following
 

 cynoSure Financial, Inc.
 33490 Harper Avenue
 Clinton Township,
 MI 48035
 USA
 

 Dated
  6/1/10
     BY: /s/
                President
 

 

 
 
  

 REIMBURSEMENT CONTINGENCY INSURANCE
 

 

 The Insurer, in consideration of the payment of the premium and subject to all the Term and Conditions of this Policy of Insurance, agrees with the insured as follows:
 

 

 

 I.
 INSURING AGREEMENT
 

 Underwriters agree, subject to the following terms, conditions, and exclusions, to indemnify the Insured against all Loss which the Insured shall become obligated to pay under Contracts issued by the Insured during the Policy period shown in the Declarations Page and, which are payable under terms of the Policy.
 

 

 

 Underwriters have no duty under this policy to any customer, officer, director, employee, independent contractor, vendor, licensee, franchisee, agent, assign or customer of the Insured, or any other third party.  Underwriters' duty under this policy is to the Insured and no other.
 

 

 

 Underwriters have no duty to provide coverage under this policy unless there has been full compliance by the Insured with all the terms, definitions, exclusions, warranties, conditions, declarations and endorsements set forth in this policy. The Limits of Liability. Deductible, Premium, Policy Period, and Territory shall be as provided in the DECLARATIONS that form  a part of this policy, and shall operate in accordance with the terms, limits of liability, definitions, exclusions, warranties, conditions and endorsements set forth in this policy,
 

 

 

 II.
 DEFINITIONS
 

 

 The following words and phrases that appear throughout this Policy are defined as follows:
 

 

 Underwriters: Are the Insurer.
 

 
 

 Contract: An Insured Savings Guarantee Agreement (See Attached) issued by the Insured to a Contract Holder, while this Policy is in force and for which the premium has been paid to Underwriters for the Guaranteed Savings Period.
 

 

 

 Contract Holder:  Any natural person or legal entity who legally acquires the rights to benefits under a Contract.
 

 

 

 Guaranteed Savings Period:  Period of time the Insured guarantees the Contract Holder a reduction in electrical utility billing costs that results in savings equal to the purchase price of the Savings Project. The effective date of this period shall be the date of completed installation of the Savings Project as evidenced by an Installation Completion Statement supplied to the Insured per the Contract.
 

 

 

 Guaranteed Savings: Guarantee to the customer named on the face of the Insured Savings Guarantee that the customer's electrical utility bills will he reduced in an amount equal to the purchase price of the project within the stated Guarantee Savings Period shown on the Insured Savings Guarantee, subject to the terms and conditions of the Certificate.
 

 

 

 Insured: Energy Edge Technologies Corporation (EETC)
 

 

 

 Loss: A request made by the Insured for monetary expenses incurred under a Contract in accordance with and payable under the terms of the Policy for payment. Such Loss can only be indemnified as a result of an energy savings shortfall, according to the terms dud conditions described in the Contract.
 

 

 

 Saving Project: The energy project purchased by the Contract Holder from the parent company of the Insured, which forms the basis for a Contract.
 

 

 

 

 III.
 TERRITORY
 

 

 This Policy covers, Contracts issued within the United States of America and its territories and possessions and Mexico.
 

 

 
 
 IV.
 EXCLUSIONS
 

 

 This Policy does not apply to:
 

 

 Consequential damages.
 

 

 Damage caused by accidents, or disasters such as fire, flood, or wind.
 

 

 Damages caused by faulty repair work or failure to perform work by the Insured, their agents or 
 Employees;
 

 Damage caused by abuse, misuse alteration, modification or negligence of any kind;
 

 Liability arising out of implied warranties of merchantability, implied warrantees of fitness, and strict liability;
 

 Liability for Loss to anyone other than the Contract Holder, liability for Loss to anyone other than the Insured, and any Loss occurring prior to the effective date of  this Policy;
 

 Conversions or modifications to original installed equipment in such a manner that results in a failure to achieve the anticipated savings;
 

 Any acts of fraud, or any other dishonest or criminal acts of a Contract Holder or the Insured, their agents or employees;
 

 Liability for my Contract that has not been approved in writing by the Company and any Loss arising out of representations which are not in the Contract;
 

 Damages for bad faith, personal injury, including bodily injury, property damage (except as specifically stated in the Contract), and attorney's fees.
 

 Residential Dwellings
 

 V.
 LIMIT OF LIABILITY and DEDUCTIBLE
 

 

 The limit of Underwriter's liability for:
 

 A.
   Single Loss Limit of Liability: Underwriter's limit of liability, Liability shall not exceed 90% of the shortfall of the Guaranteed Savings or the purchase price of the customer's savings project whichever is less.
 

 

 
 
 B.
 Aggregate Limit of Liability: Underwriter's aggregate limit of liability shall not exceed one million five hundred thousand ($1,500,000) dollars for the Policy period.
 

 C.
 Deductible: The duty of Underwriters to reimburse the insured for Guaranteed Savings will only be in excess of tile deductible set forth in the Declarations. The amount of the deductible must be borne by the Insured at its own expense. Underwriters shall have no duty whatsoever to the Insured to pay all or any portion of the deductible.
 

 

 

 VI.
 CLAIMS PROVISIONS
 

 

 

 A.
 Proof of Loss: The Insured shall provide written proof of Loss to Underwriters, Proof shall:
 

   1.   Be made within sixty (60) days of the notice of any claim by a Contract Holder for   payment under a Contract,
 

   2.    Include the Insured and the Contract Holder; time, place and cause of Loss, and the nature and extent of Loss and any other requested data
 

 B.
 Valid claims for Loss must be initially reported to Underwriters within forty five (45) days following the Guaranteed Savings Period.
 

 C.
 The Insured agrees to submit to examination under oath by any person named by underwriters as often as may be required in regard to proof of Loss,
 

 

 

 VII.
 OBLIGATIONS OF INSURED
 

 

 

   The Insured agrees to the following
 

 A.
 Reporting of Contracts: Within fifteen (15) days from the last day of each month in which any Contracts are issued, the Insured shall forward the proper copies of said Contracts to Underwriters.
 

 B.
 Payment of Premium: within fifteen (l5) days from the last day of each month in which any Contracts are issued, the Insured shall pay the full premium due to Underwriters. The payments premiums are due and payable to Underwriters only in United States currency and are to be sent to Underwriters.
 

  Premium is earned upon receipt and is non-cancelable and nonrefundable.
 

 

 
 
  
C.       Commencement of Coverage Insured agrees that Underwriters shall have           no obligation under this Policy until:
 
 
  
 
            1.  Insured has issued a Contract; and
            2. Underwriters has received premium for same.
 
  
    
  

             

 D.
 Energy Savings Calculation: Insured will calculate the Insured Savings Guarantee in accordance with previously established practices and procedures of the Insured. These practices and procedures include an approximated discount in the energy savings and term extensions of approximately six (6) months to account for any variances in the energy saving calculations. These practices and procedures will not be changed without the prior written approval of Underwriters. Specific calculation will be made available to Underwriters of each Contract for the purpose of verifying the actual savings reduction.
 

 

 

 VIII.
 CONDITIONS
 

 A.
 Examination: Underwriters may at any time inspect and examine Insured's books and other records as Underwriters may deem necessary as such records are applicable to Contracts insured hereunder. This right shall extend until one (1) year after Contracts insured are no longer in effect.
 

 

 B.
 Subrogation and Recoveries:
 

 1.
 In the event of any payment by Underwriters under this Policy, Underwriters shall be entitled to all of the Insured's rights of recovery therefore against any person or entity. The Insured shall execute and deliver instruments and papers and do whatever is necessary to secure such rights. The Insured shall do nothing to interfere with such rights.
 

 2.
 After a pay of Loss by Underwriters, all amounts received by the  Insured for which the Insured has been indemnified shall become he property of and be forwarded to Underwriters by the Insured up to the total amount of Loss paid by Underwriters.
 

 

 3.
 Underwriters shall not be entitled to any subrogation proceeds unless and until the Insured has been fully reimbursed for their portion of a Loss.
 

 

 C.
  Assignment, Assignment of interest under this Policy may not be transferred without 
             the written consent of Underwriters.
 

 

 
 
 D.
 Misrepresentation and Fraud: This Policy shall be voidable by Underwriters if the Insured has concealed or misrepresented any material fact that has a    material adverse effect concerning the application of this insurance or in case of   any fraud or attempted fraud by the Insured regarding any matter relating to this   insurance, whether before or after a Loss. Furthermore, this insurance shall not   be applicable in respect of any Loss resulting from any, dishonest fraudulent or   criminal act of any officer or employee of the Insured which has a material adverse effect on the Loss.
 

 

 E.
 Action Against Underwriters: No action shall lie against Underwriters unless, as a condition precedent thereto:
 

 1.   The Insured shall have fully complied with all terms and conditions of this Policy;
 

   2. The amount of the Insured's obligation to pay shall have been finally determined either by judgment against the Insured (after actual trial) or by written agreement of the Insured, the Contract Holder and Underwriters; and
 

 3.  Unless commenced within twelve (12) months of the date of Loss. This twelve (12) month period shall be. tolled from the date on which written proof of property Loss is properly filed in accordance with Section VI. herein, until the date on which the claim is denied in whole or in part.
 

 

 F.
 Conflict with Laws and Statutes: Any provision of this Policy that is in conflict withthe laws or statutes of the jurisdiction in which this Policy is effective is hereby amended to conform to the minimum requirements of such laws and statutes. In the event such an amendment requires the modification of this Policy's limits of liability, Insured agrees to indemnify Underwriters for any payments made beyond this Policy's limits or liability.
 

 

 G.
 To Whom Provisions Are Applicable: The provisions of this Policy shall inure to the benefit of and be binding upon Underwriters and the Insured.
 

 

 H.
 Changes/Amendments:  No waiver or changes of the Policy shall be made except when done so in writing signed by an authorized representative of Underwriters. Written changes must be attached to and form a part of this Policy. 
 

 

 I.
 Arbitration: If the Insured and Underwriters fail to agree with respect to Loss covered under this Policy, such differences may be submitted to arbitration upon the request of either party. In such event and if mutually agreeable, cacti party shall select a competent appraiser. The appraisers shall select a competent and disinterested umpire. The appraisers shall state separately the amount of Loss, and failing to agree. shall submit
 

 
 their differences to the umpire. An award in writing of any two shall determine the amount of the Loss. Each party shall pay their chosen appraiser and shall bear equally the other expenses of the appraisal and umpire. Underwriters shall not be held to have waived any of it rights by acts related to arbitration.
 

 

 J.
 Insolvency or Bankruptcy of Insured: The insolvency or bankruptcy of the Insured shall not relieve Underwriters of its obligations under this Policy as long as all Policy requirements are met by Insured, its trustees or receiver in Bankruptcy. Should a judgment be rendered against an insolvent or bankrupt Insured, Underwriters shall be liable for the amount of such judgment not to exceed the applicable limit of liability under the Policy.
 

 

 K.
 Suit: No suit or action on this Policy for recovery of any claim shall be sustained in any court of law equity until all the conditions of this Policy have been complied with, unless specifically waived by Underwriters.
 

 

 L.
 It is condition precedent to Liability hereon that unless a customer of the Insured reports a shortfall within 120 clays from the installation date to the Insured and the Insured having a further 30 days to notify Underwriters, the Insured can make no claim against Underwriter.,
 

 

 M.
 War and Civil War Exclusion Clause (NMA 464)
 Notwithstanding anything to the contrary contained herein this Policy does not cover Loss or Damage directly or indirectly occasioned by, happening through or in consequence of war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalisation or requisition or destruction of or damage to property by or under the order of any government or public or local authority.
 

 

 N.
 Service of Suit Clause
 

 It is agreed that in the event of the failure of the Underwriters hereon to pay any amount claimed to be due hereunder, the Underwriters hereon, at the request of the Insured (or Reinsured), will submit to the jurisdiction of a Court of competent jurisdiction within the United States. Nothing in this Clause, constitutes or should be understood to constitute a waiver of Underwriters' rights to commence an action in any Court of competent jurisdiction
 

 

 
 in the United States, to remove an action to a United States District Court, or to seek a transfer of a case to another Court as permitted by the laws of the United States or of any State in the United States.
 

 It is further agreed that, service of process in such suit may be made upon Kevin Salter, Salter & Sachs, One Liberty Plaza, 23rd Floor New York NY 10006, USA, and that in any suit instituted against any one of them upon this contract, Underwriters will abide by the final, decision of such Court or of any Appellate Court in the event of an appeal.
 

 The above-named are authorized and directed to accept service of process on behalf of Underwriters in any such suit and/or upon the request of the Insured (or Reinsured) to give a written undertaking to the Insured (or Reinsured) that they will enter a general appearance upon Underwriters behalf in the event such a suit shall he instituted.
 

 Further, pursuant to any statute of any state, territory or district of the United States which makes provision therefore, Underwriters hereon hereby designate the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as their true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of !he Insured (or Reinsured) or any beneficiary hereunder arising out of this contract of insurance (or reinsurance) and hereby designate the above-named as the person to whom the said officers is authorized to mail such process or a true copy thereof.
 

 

 

 O.
 Radioactive Contamination Exclusion Clause - Physical Damage - Direct (U.S.A.)(NMA 1191)
 

 

 This policy does not cover any loss or damage arising directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination however such nuclear reaction nuclear radiation or radioactive contamination may have been caused *NEVERTHELESS if Fire is in insured peril and a Fire arises directly or indirectly from nuclear reaction nuclear radiation or radioactive contamination any loss or damage arising directly from that Fire shall (subject to the provisions of this Policy) be covered EXCLUDING however all loss or damage caused by nuclear reaction nuclear radiation or radioactive contamination arising directly or indirectly from that Fire.*NOTE. - If Fire is not in insured peril under this Policy the words “NEVERTHELESS” to the end of the clause do not apply and should be disregarded.
 

 

 

 P.
 Financial Risk, Financial Guarantee & Credit Risk Exclusion Clause
 

 

 
 This Contract excludes any loss or liability arising from the following
 

 1. Contract Frustration Business, including but not limited to all forms of non-performance of contractual obligations, import and/or export embargo, non-ratification of contracts, exchange transfer, calling of bonds, and guarantees and force majeure indemnities.
 

 2. Failure or delay to deliver or supply any form of property whatsoever; unless as a direct result of physical damage.
 

 3. Any form of Financial Guarantee, Surety or Credit indemnity.
 

 

 

 Q.
 Several Liability Notice - LSW 1001 (Insurance)
 

 The subscribing Insurers' obligations under Contracts of Insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing Insurers are not responsible for the subscription of any co-subscribing Insurer who for any reason does not satisfy all or part of its obligations.
 

 

 

 R.
 Choice of Law: Any Dispute arising under this policy, or with respect to the application of or the interpretation of this policy, shall be governed by the laws of the state of New Jersey 
 

 

 

 S.
 Use of Lloyd's Name: The Insured may not use the name Lloyd's, Lloyds of London, Certain Interested Underwriters at Lloyd's, London, or any derivation or permutation
 

 

 
 
 IX.
 CANCELLATION
 

 30 Day Cancellation Clause (NMA 1331)
 

 

 NOTWITHSTANDING anything contained in this Insurance to the contrary this Insurance may be cancelled by the Assured at any time by written notice or by surrendering of this Contract of Insurance. This Insurance may also be cancelled by or an behalf of the Underwriters by delivering to the Assured or by mailing to the Assured by registered, certified or other first class mail, at the Assured's address as shown in this Insurance, written notice stating when, not less than 30 days thereafter, the cancellation shall be effective.  The mailing of notice as aforesaid shall be sufficient proof of notice and this Insurance shall terminate at the date and hour specified in such notice.
 

 If this Insurance shall be cancelled by the Assured the Underwriters shall retain the customary short rate proportion of the premium hereon, except that if this Insurance is on an adjustable basis the Underwriters shall receive the Earned Premium hereon or the customary short rate proportion of any Minimum Premium stipulated herein whichever is the greater.
 

 If this Insurance shall be cancelled by or on behalf of the Underwriters the Underwriters shall retain the pro rata proportion of the premium hereon, except that if this Insurance is on an adjustable basis the Underwriters shall receive the Earned Premium hereon or the pro rata rata proportion of any Minimum Premium stipulated herein whichever is the greater.
 

 Payment or tender of any Unearned Premium by the Underwriters shall not be a condition precedent to the effectiveness of Cancellation but such payment shall be made as soon as practicable.
 

 If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, such period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law.
 

 

 
 SCHEDULE
 

 1.
         INSURED
 

 Energy Edge Technologies Corp (EETC)  
 

 1200 Route 22 East
 

 Suite 2000
 

 Bridgewater, NJ
 

 08807
 

 

 

 2         LIMITS OF LIABILITY
 

 1.   Shall not exceed 90% of the shortfall of the Guaranteed Savings or the purchase price of the customer's savings project whichever is less,
 

 2.  In the Aggregate:   USD 1,500,000 per Policy Year
 

 

 3.
            DEDUCTIBLE.
 

 The greater of USD 15,000 or 10% on each and every estimated saving claim.
 

 

 4.            PREMIUM 
 

 Adjustable monthly at a rate of 0.0625% of the project installation costs.
 

 

 5.           POLICY PERIOD
 

 To cover losses occurring during the policy period on new and existing contracts reported monthly from inception of the contracts.
 

 From:   1st May 2010 at 12.01a.m. Local Standard Time at the addressed of the Assured
 

 To:     1st May 2011 at 12.01a.m. Local Standard Time at the address of the Assured
 

 

 6.          TERRITORY 
 

 This policy covers contracts issued within the United States of America and its territories and possessions  and Mexico.Exhibit 10.25  

[Epocrates,
Inc. Letterhead] 

January 28,
2011 

Patrick
D. Spangler

Re:        Employment
Terms 

Dear
Pat, 

        As
we have discussed, this letter confirms an amendment and restatement (the "Amendment") to the terms of your employment offer letter
with Epocrates, Inc. (the "Company") dated September 29, 2010 (the "Offer Letter"). This
Amendment supersedes and replaces in full the Offer Letter and is effective as of January 28, 2011. You hereby agree that your option grant documentation with respect to the Milestone-Based
Vesting Option (as defined below) is hereby amended to reflect the terms set forth herein. On behalf of Epocrates, Inc. ("Epocrates" or the
"Company"), the amended and restated terms and conditions of your position and employment relationship with the Company are as set forth below: 

1.    Position and Work Schedule.    

        a.     You
will become the Chief Financial Officer for the Company. You will report directly to the Chief Executive Officer and will initially split your time working between
the Company's offices in East Windsor, New Jersey and San Mateo, California. As discussed, we will allow you to determine which of these office locations will be your primary office location, and you
are expected to relocate to that particular geographic area by the end of July, 2011. This is a full-time position. 

        b.     You
agree to the best of your ability and experience that you will at all times conscientiously perform all of the duties and obligations required of you to the
satisfaction of the Company. During the term of your employment, you further agree that you will devote your full business time and attention to the business of the Company, the Company will be
entitled to all of the benefits and profits arising from or incident to all such work services and advice, you will not render commercial or professional services of any nature to any person or
organization, or engage in self-employment, whether or not for compensation, without the prior written consent of the Company, and you will not directly or indirectly engage or participate
in any business that is competitive in any manner with the business of the Company. Nothing in this letter agreement will prevent you from accepting speaking or presentation engagements in exchange
for honoraria or from serving on boards of charitable organizations, or from owning no more than one percent (1%) of the outstanding equity securities of a corporation whose stock is listed on a
national stock exchange. 

        c.     Of
course, the Company may change your position, duties, reporting relationship and office location from time to time in its discretion (provided
however, that as provided under Section 12 of this letter agreement, certain actions by the Company could constitute "Good Reason" for your resignation of employment and
eligibility for Change of Control Severance Benefits). 

2.    Start Date.    Subject to fulfillment of any conditions imposed by this letter agreement, you will
commence this new position with the Company on October 4, 2010 or any other mutually agreeable date (the "Start Date"). 

3.    Proof of Right to Work.    For purposes of federal immigration law, you will be required to provide to
the Company documentary proof of your identity and eligibility for employment in the United States. This offer of employment is contingent upon such satisfactory proof. 

4.    Compensation.    

        a.    Base Salary.    Your initial base salary will be payable in semi monthly installments of
$12,500 pursuant to the Company's regular payroll policy, which equates to an annual base salary of $300,000. Because your position is classified as exempt, you will not be eligible for overtime
premiums or 

additional
compensation. Your base salary may be reviewed annually as part of the Company's normal salary review process. Any changes to your base salary are at the Company's sole discretion
(provided however, that as provided under Section 12 of this letter agreement, a material decrease in your base salary could constitute "Good
Reason" for your resignation of employment and eligibility for Change of Control Severance Benefits). 

        b.    Bonus Compensation.    You will be eligible to participate in the 2010 Executive Bonus
Plan (the "Bonus Plan"), pursuant to the terms and conditions of the Bonus Plan. Your target bonus under the Bonus Plan will be 60% of your 2010 base
salary paid by the Company, and the actual bonus paid will be based upon the Company's performance (as determined by the Company) against the Bonus Plan. No bonus is considered earned under the Bonus
Plan until the time that such bonus is scheduled to be paid as provided under the Bonus Plan. Thus, in the event that your employment has been terminated (either by the Company or by you), you will
not be entitled to any bonus which has not been scheduled to be paid prior to the termination date. Any bonus for 2010 will be prorated based on your Start Date. Whether a bonus has been earned under
the Bonus Plan, and the amount of any bonus earned, will be determined by the Company and approved by the Company's Board of Directors (the "Board")
within its sole discretion. Any bonus earned will be paid as soon as practicable following the approval of the Bonus Plan payouts by the Board, as provided under the Bonus Plan. 

        c.    Relocation Benefits.    To assist with your relocation to the San Francisco Bay Area or
New Jersey (as discussed further above), the Company will provide you with the relocation assistance and benefits in the form of reimbursement (or direct payment to vendors or other service providers)
of your reasonable direct out-of-pocket costs for your temporary lodging and transportation costs incurred by you prior to your relocation (collectively, the
"Relocation Benefits"). The Relocation Benefits that you will be eligible to receive include, but are not limited to the following: (i) within
each calendar quarter prior to your relocation (beginning with the fourth calendar quarter of 2010), the Company will reimburse your direct out-of pocket costs for up to six
(6) round trip coach class airfare tickets to/from your current primary residence and the Bay Area or New Jersey, such tickets to be used by either you or your spouse and child(ren);
(ii) the Company will reimburse the management fees that you will be required to pay during the time period through September 30, 2011 to the property management company which assists
with the renting or leasing of your primary residence in Minnesota, up to a maximum of one thousand dollars ($1,000.00) per month; and (iii) the Company will reimburse your direct
out-of-pocket costs to move your household goods and other personal property to the Bay Area or New Jersey, up to a maximum of thirty thousand dollars ($30,000) in the
aggregate, provided that, such goods and personal property must be moved no later than July 31, 2011. The Relocation Benefits (or portions
thereof) may be subject to deductions and withholdings, as provided by applicable law. 

        Any
reimbursement-based Relocation Benefits will be paid to you within thirty (30) days after the date you submit receipts for the expenses, provided you submit those receipts and
a properly completed
expense reimbursement report within forty-five (45) days after you incur the expense. For the avoidance of doubt, to the extent that any such reimbursements are subject to the
provisions of Section 409A of the Internal Revenue Code of 1986, as amended, any such reimbursements payable pursuant to this Section 4(c) shall be paid no later than December 31
of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and the
right to reimbursement under this letter agreement will not be subject to liquidation or exchange for another benefit. To be eligible for reimbursement or payment by the Company, you must remain an
employee of the Company in good standing as of the date that the expense or cost is incurred. 

        In
addition, if any of the Relocation Benefits constitute taxable income to you, then after the amount of income tax and employment tax imposed on the Relocation Benefits can be
determined and substantiated to the Company's satisfaction (in accordance with the procedures set forth in this paragraph), the Company shall pay either to you or to the applicable taxing authorities
on your behalf (as required by applicable tax withholding rules determined and applied in the Company's good faith discretion), such additional amount (the
"Gross-Up") as is necessary to ensure that you do not bear any income or employment taxes attributable to the Relocation Benefits. For the
avoidance of doubt, 

the
Gross-Up shall be calculated iteratively so that you do not bear income or employment taxes on the Gross-Up. The Gross-Up shall be calculated using your actual
effective marginal federal and state income tax rates based on your federal and state income tax returns as actually filed for the taxable years in which the Relocation Benefits are paid. You will
provide such tax returns to the Company for purposes of the Company's calculation of the Gross-Up no later than September 30 of the year in which such income tax returns are filed
and the Gross-Up will be paid by the Company no later than December 31 of such year. 

5.    Stock Options.    

        a.    Stock Option Grant With Time-Based Vesting.    In connection with the
commencement of your employment, the Company will recommend that the Board grant you an option to purchase one hundred ninety-one thousand, nine hundred forty-seven (191,947) shares of the
Company's Common Stock under the Company's equity incentive plan (the "Plan") with an exercise price equal to the fair market value on the date of the
grant as determined by the Board (the "Time-Based Vesting Option"). The Time-Based Vesting Option will be subject to approval of
the Board and the terms of the Plan and your individual Stock Option Agreement with the Company, which shall include the following five-year vesting schedule applicable to the shares
subject to the Time-Based Vesting Option: twenty percent (one-fifth) of such shares shall vest on the first annual anniversary of the Start Date, and
1/60th of such shares shall vest monthly thereafter over the next four years. Vesting will, of course, depend on your continued service with the Company, as defined by the Plan.
The Time-Based Vesting Option will be an incentive stock option to the maximum extent allowed by the tax code. 

        b.    Stock Option Grant With Milestone-Based Vesting.    In addition, the Company will
recommend that the Board grant you an additional option (separate from the Time-Based Vesting Option) to purchase one hundred ninety-one thousand, nine hundred forty-seven
(191,947) shares of the Company's Common Stock under the Plan with an exercise price equal to the fair market value on the date of the grant as determined by the Board (the
"Milestone-Based Vesting Option"). The Milestone-Based Vesting Option will be subject to approval of the Board and the terms of the Plan and your
individual Stock Option Agreement with the Company, which shall include a vesting schedule pursuant to which the shares subject to the Milestone-Based Vesting Option will vest as provided below upon
an IPO (as hereinafter defined) in the event that such event occurs within one (1) year after the Start Date. The vesting schedule which will apply to the Milestone-Based Vesting Option, if an
IPO does not occur within one (1) year after the Start Date, also is provided below: 

        (i)    IPO Milestone.    In the event of the initial public offering of the Company's
securities on a national stock exchange within one (1) year after the Start Date (the "IPO") and you remain in continuous service (as defined in
the Plan) through and including the date of the IPO (the "IPO Date"), the shares subject to the Milestone-Based Vesting Option will vest in accordance
with the following schedule, subject to your continuous service (as defined in the Plan): twenty percent (one-fifth) of the shares subject to the Milestone-Based Vesting Schedule shall
vest on the first annual anniversary of the Start Date, and 1/60th of such shares shall vest monthly thereafter over the next four years. In the event of an IPO, the
Milestone-Based Vesting Option will be eligible for accelerated vesting under Section 12 of this offer letter agreement (Change of Control Severance Benefits). 

        (ii)    Traditional Vesting Schedule.    If an IPO does not occur as of the one
(1) year anniversary of the Start Date, then effective as of such one (1) year anniversary date, the shares subject to the Milestone-Based Vesting Option will vest in accordance with the
following schedule, subject to your continuous service (as defined in the Plan) (the "Traditional Vesting Schedule"): twenty percent
(one-fifth) of the shares subject to the Milestone-Based Vesting Schedule shall vest on the one (1) year anniversary of the Start Date, and 1/60th of such
shares shall vest monthly thereafter over the next four years. If the Traditional Vesting Schedule applies, the Milestone-Based Vesting Option will be eligible for accelerated vesting under
Section 12 of this offer letter agreement (Change of Control Severance Benefits). 

6.    Benefits.    Subject to the terms, conditions and limitations of the benefit plans, you will be
eligible to participate in the Company's standard employee benefits currently consisting of short/long term disability, medical, dental, and vision insurance benefits. Eligibility for participation in
these group benefits will become effective the first of the month following your Start Date. Regular full-time and part-time exempt employees do not accrue vacation, sick
leave, or other paid time off, and there is no set guideline on how much time off employees will be permitted to take. Under the terms of the Company's paid time off policy for exempt employees, you
will be permitted to take a reasonable amount of time off with pay, as permitted by your duties and responsibilities, and as approved in advance by your manager. Further details about benefits are
available for your review. Epocrates may modify benefit plans available to employees from time to time at its discretion, and you will remain eligible to participate in the Company's benefit plans
which apply to executive level employees of the Company. 

7.    Employee 401(k) Plan.    You will be eligible to participate in Epocrates' 401(K) plan beginning on
the first of the month following your Start Date. Employees who choose to participate will have pre-tax dollars deposited into their 401(K) account and the money will be directed to
specified investment options. Epocrates does not match funds or make contributions. 

8.    Confidential Information and Invention Assignment Agreement.    Your acceptance of this offer and
commencement of employment with the Company is contingent upon the execution, and delivery to an officer of the Company, of the Company's Confidential Information and Invention Assignment Agreement
(the "Confidentiality Agreement"), a copy of which is enclosed for your review and execution, prior to or on your Start Date. You are also required to
abide by the Confidentiality Agreement as a condition of your employment. In your work for the Company, you will be expected not to use or disclose any confidential information, including trade
secrets, of any former employer or other person to whom you have an obligation of confidentiality. Rather, you may use only that information generally known and used by persons with training and
experience comparable to your own, which is common knowledge in the industry or otherwise legally in the public domain, or which is otherwise provided or developed by the Company, or developed by you
on behalf of the Company. You agree that you will not bring onto Company premises any unpublished documents or property belonging to any former employer or other person to whom you have an obligation
of confidentiality. You represent further that you have disclosed to the Company any contract you have signed that may restrict your activities on behalf of the Company. 

9.    Company Policies.    As a condition of your employment, you will be expected to abide by the Company
policies and procedures, and acknowledge in writing that you have read and will comply with the Company's Employee Handbook. 

10.    At-Will Employment.    Your employment with the Company will be on an "at will" basis,
meaning that either you or the Company may terminate your employment at any time, with or without cause, and with or without advance notice. Your employment at-will status can only be
modified in a written agreement signed by you and by a duly authorized officer of the Company. 

11.    Severance Benefits Not In Connection With A Change of Control.    If, at any time other than during
the twelve (12) months following the consummation of a Change of Control (as defined herein), the Company or any successor entity terminates your employment without Cause (as defined herein),
and if, on or within thirty (30) days after the termination date, you sign, date, and deliver to the Company a separation agreement that includes a general release of all known and unknown
claims in the form provided to you by the Company (the "Release") and you do not subsequently revoke the Release, then you will receive the following as
your sole severance benefits (the "Severance Benefits"): (i) severance pay equal to nine (9) months of your base salary in effect as of
the termination date, less required deductions and withholdings, paid in the form of salary continuation on the Company's standard payroll dates beginning with the first payroll date following the
thirtieth day after the termination date (provided that the Release has become effective by such payroll date, and the initial severance payment will be a "catch-up" payment that provides
the full amount of severance pay that you would have received if the severance payments had begun as of the first payroll date following the termination 

date);
and (ii) provided that you timely elect continued group health insurance coverage through federal COBRA law or comparable state law (collectively,
"COBRA"), the Company will pay your COBRA premiums sufficient to continue your group health insurance coverage at the same level in effect as of your
termination date for nine (9) months after your termination or until you become eligible for group health insurance coverage through a new employer, whichever occurs first. For purposes of this
letter agreement, "Cause" means any of the following conduct by you: (i) embezzlement, misappropriation of corporate funds, or other material
acts of dishonesty; (ii) the conviction, plea of guilty, or nolo contendere to any felony (not involving the operation of a motor vehicle), or of any misdemeanor involving moral turpitude;
(iii) engagement in any activity that you know or should know could materially harm the business or reputation of the Company, provided that this subsection (iii) shall not apply to any
activity done in a good faith belief by you that the action taken or omission was in the best interest of the Company; (iv) material violation of any statutory, contractual, or common law duty
or obligation owed by you to the Company, including, without limitation, the duty of loyalty which causes demonstrable injury to the Company; (v) material breach of the Confidentiality
Agreement; or (vi) repeated failure, in the reasonable judgment of the Company, to substantially perform your assigned duties or responsibilities after written notice from the Company
describing the failure(s) in reasonable detail and your failure to cure such failure(s) within thirty (30) days of receiving such written notice, provided that written notice only must be
provided if the failure(s) are capable of cure. 

12.    Change of Control Severance Benefits.    In the event that: (i) the Company consummates a
change of control transaction, whereby fifty percent (50%) or more of the voting stock of the Company changes ownership pursuant to such transaction (a "Change of
Control"); and (ii) within twelve (12) months after the consummation of a Change of Control, your employment with the Company is either (a) terminated by
the Company or successor entity without Cause, or (b) terminated by you for Good Reason (as defined in and in accordance with the paragraph below); and (iii) if, on or within thirty
(30) days after the termination date, you sign, date, and deliver to the Company the Release and you do not subsequently revoke the Release; then you will receive the following as your sole
severance benefits (the "Change of Control Severance Benefits"): (a) severance pay equal to nine (9) months of your base salary in effect
as of the termination date, less required deductions and withholdings, paid in the form of salary continuation on the Company's standard payroll dates beginning with the first payroll date following
the thirtieth day after the termination date (provided that the Release has become effective by such payroll date, and the initial severance payment will be a "catch-up" payment that
provides the full amount of severance pay that you would have received if the severance payments had begun as of the first payroll date following the termination date); (b) provided that you
timely elect continued group health insurance coverage through COBRA, the Company will pay your COBRA premiums sufficient to continue your group health insurance coverage at the same level in effect
as of your termination date for nine (9) months after your termination or until you become eligible for group health insurance coverage through a new employer, whichever occurs first; and
(c) any unvested shares subject to any option grants held by you as of the employment termination date will become vested, effective as of the employment termination date (unless otherwise
provided under Section 5). 

        For
purposes of this Section 12, "Good Reason" shall mean one or more of the following conditions that arose upon or following the
consummation of the Change of Control without your written consent: (i) a relocation of your assigned office which results in an increase in your one-way commuting distance by more
than thirty-five (35) miles; (ii) a material decrease in your base salary (except for salary decreases generally applicable to the Company's other executive employees); or
(iii) a material reduction in the scope of your duties or responsibilities from your duties and responsibilities in effect immediately prior to the Change of Control. Notwithstanding the
foregoing, you shall not be deemed to have terminated your employment for "Good Reason" unless (i) such termination occurs within ninety (90) days following the initial existence of one
or more of the conditions that constitute Good Reason (as defined herein), (ii) you provide written notice to the Company (or any successor entity) of the existence of the Good Reason condition
within thirty (30) days following the initial existence of the condition, and (iii) the Company (or its successor entity) fails to cure such condition within a period of thirty
(30) days following such written notice. 

13.    Parachute Payments.    In the event that the benefits provided for in this letter agreement or
otherwise payable to you ("Payment") would constitute "parachute payments" within the meaning of Section 280G of the Internal Revenue Code of
1986, as amended (the "Code") and, but for this sentence, would be subject to the excise tax imposed by Section 4999 of the Code (the
"Excise Tax"), then such Payment shall be equal to the Reduced Amount. The "Reduced Amount" shall be
either (i) the largest portion of the Payment that would result in no portion of the Payment being subject to the Excise Tax, or (ii) the largest portion, up to and including the total,
of the Payment, whichever of the foregoing amounts, after taking into account all applicable federal, state and local employment taxes, income taxes and the Excise Tax (all computed at the highest
applicable marginal rate), results in the receipt by you, on an after-tax basis, of the greater amount of the Payment, notwithstanding that all or some portion of the Payment may be
subject to the Excise Tax. Unless the Company and you otherwise agree in writing, the determination of your Excise Tax liability shall be made in writing by the accounting firm engaged by the Company
for general audit purposes as of the day prior to the effective date of the Change of Control (the "Accountants"). If the accounting firm so engaged by
the Company is serving as accountant or auditor for the individual, entity or group effecting the Change of Control, the Company shall appoint a nationally recognized accounting firm to make the
determinations required hereunder. For purposes of making the calculations required by this Section 13, the Accountants may make reasonable assumptions and approximations concerning applicable
taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. Any good faith determinations of the Accountants made hereunder
shall be final, binding, and conclusive upon the Company and you. The Company and you shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order
to make a determination under this Section. The Company shall bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 13. To the
extent that any elimination in or reduction of payments or benefits is made under this Section 13, the order in which payments and benefits shall be reduced shall be made by the Accountants in
a manner that shall provide you with the greatest economic benefit, but if more than one manner of reduction of payments and benefits necessary to arrive at the Reduced Amount yields the greatest
economic benefit to you, then the payments and benefits shall be reduced pro rata. 

14.    Deferred Compensation.    Severance payments made pursuant to Section 11 or Section 12,
to the extent of payments made from the date of your termination through March 15 of the calendar year following your termination, are intended to constitute separate payments for purposes of
Section 1.409A-2(b)(2) of the Treasury Regulations and thus payable pursuant to the "short-term deferral" rule set forth in Section 1.409A-1(b)(4) of
the Treasury Regulations. To the extent such payments are made following said March 15, they are intended to constitute separate payments for purposes of
Section 1.409A-2(b)(2) of the Treasury Regulations made upon an involuntary termination from service and payable pursuant to Section 1.409A-1(b)(9)(iii) of the
Treasury Regulations, to the maximum extent permitted by such provision, with any excess amount being regarded as subject to the distribution requirements of Section 409A(a)(2)(A) of the Code,
including, without limitation, the requirement of Section 409A(a)(2)(B)(i) of the Code that payment be delayed until six (6) months after separation from service if you are a "specified
employee" within the meaning of Section 409A(a)(2)(B)(i) of the Code at the time of such separation from service. Notwithstanding anything to the contrary set forth herein, if any payments and
benefits provided under this Agreement constitute "deferred compensation" within the meaning of Section 409A of the Code and the regulations and other guidance thereunder and any state law of
similar effect (collectively "Section 409A") (i) such payments and benefits shall not commence in connection with your termination of
employment unless and until you also have incurred a "separation from service" (as such term is defined in Treasury Regulations Section 1.409A-1(h)), unless the Company reasonably
determines that such amounts may be provided to you without causing you to incur the adverse personal tax consequences under Section 409A, and (ii) the Release required by
Sections 11 and 12 above shall be considered effective only as of the latest permitted effective date for such Release if such Release could become effective in the calendar year following the
calendar year in which your employment termination occurs. 

15.    Complete Agreement.    This letter, together with your Confidentiality Agreement, forms the complete
and exclusive statement of your employment agreement with the Company. The terms in this letter supersede any other agreements or promises made to you by anyone, whether oral or written. Other than
those changes expressly reserved to the Company's discretion in this letter, this letter agreement cannot be changed except in a written agreement signed by you and a duly authorized officer of the
Company. 

        Please
sign below if these terms are acceptable to you, and return the fully signed Amendment to me within five (5) business days. 

Very
truly yours,

Epocrates, Inc. 

/s/
John Owens 

John
Owens

Senior Vice President

Human Resources 

 

 

			
	
 UNDERSTOOD, ACCEPTED AND AGREED:	
 	

 
	
 Patrick D. Spangler	
 	

 
	
 /s/ Patrick D. Spangler

  Signature	
 	

 
	
 January 28, 2011

  Date	
 	

 
	
 10-4-2010

  Start Date	
 	

 
	
 Enclosure:        Confidentiality Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00183-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00183-of-00352.parquet"}]]