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Exhibit 10.17  

 
 

RESTRICTED STOCK AGREEMENT    
    
    ENERNOC, INC.    
    

        AGREEMENT made as of the            day
of                        , 200    (the "Grant Date"),
between                        (the "Company"), a Delaware
corporation, and                        (the "Participant"). 

        WHEREAS,
the Company has adopted the EnerNOC, Inc. 2007 Employee, Director and Consultant Stock Plan (the "Plan") to promote the interests of the Company by providing an incentive
for employees, directors and consultants of the Company or its Affiliates; 

        WHEREAS,
pursuant to the provisions of the Plan, the Company desires to offer to the Participant shares of the Company's common stock, $.001 par value per share ("Common Stock"), in
accordance with the provisions of the Plan, all on the terms and conditions hereinafter set forth; 

        WHEREAS,
Participant wishes to accept said offer; and 

        WHEREAS,
the parties hereto understand and agree that any terms used and not defined herein have the meanings ascribed to such terms in the Plan. 

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

        1.     Terms of Grant. The Participant hereby accepts the offer of the Company to issue to the Participant, in accordance with
the terms of the Plan and this Agreement,                        
(                        ) Shares of the Company's Common Stock (such shares, subject to adjustment pursuant to Section 24 of
the Plan and
Subsection 2.1(h) hereof, the "Granted Shares") at a purchase price of $.001 per share (the "Purchase Price"), receipt of which is hereby acknowledged by the Participant's prior service to the Company
and which amount will be reported as income on the Participant's W-2 for this calendar year. 

        2.1.  Forfeiture Provisions. 

        (a)   Lapsing Forfeiture Right. In the event that for any reason the Participant is no longer an employee, director or
consultant of the Company or an Affiliate prior to                        (the "Termination"), the Participant (or the
Participant's Survivor) shall, on the date of Termination, immediately forfeit to the
Company (or its designee) all of the Granted Shares which have not yet lapsed in accordance with the schedule set forth below (the "Lapsing Forfeiture Right"). 

The
Company's Lapsing Forfeiture Right is as follows: 

        (i)    If
the Participant's Termination is prior to [the first anniversary of the Grant Date], all of
the Granted Shares shall be forfeited to the Company. 

        (ii)   If
the Participant's Termination is on or after [the first anniversary of the Grant Date] but
prior to                        ,    % of the Granted Shares shall be forfeited to the Company (rounded up to
the next highest whole number of shares). 

        (b)   Effect of Termination for Disability or upon Death. The following rules apply if the Participant's Termination is by
reason of Disability or death: to the extent the Company's Lapsing Forfeiture Right has not lapsed as of the date of Disability or death, as case may be, the Participant shall forfeit to the Company
any or all of the Granted Shares subject to such Lapsing Forfeiture Right; provided, however, that the Company's Lapsing Forfeiture Right shall be deemed to have lapsed to the extent of a pro rata
portion of the Granted Shares through the date of Disability or death, as would have lapsed had the Participant not become Disabled or died, as the case may be. The proration shall be based upon the
number of days accrued in such current vesting period prior to the Participant's date of Disability or death, as the case may be. 

 

        (c)   Effect of a For Cause Termination. Notwithstanding anything to the contrary contained in this Agreement, in the event the
Company or an Affiliate terminates the Participant's employment or service for "cause" (as defined in the Plan) or in the event the Administrator determines, within one year after the Participant's
termination, that either prior or subsequent to the Participant's termination the Participant engaged in conduct that would constitute "cause," all of the Granted Shares then held by the Participant
shall be forfeited to the Company immediately as of the time the Participant is notified that he or she has been terminated for "cause" or that he or she engaged in conduct which would constitute
"cause". 

        (d)   Effect of Change of Control. Except as otherwise provided in Subsection 2.1(c) above, the Company's Lapsing Forfeiture
Right shall terminate, and the Participant's ownership of all Granted Shares then owned by the Participant shall become vested in accordance with the terms and conditions set forth in
Section 24(b) of the Plan. 

        (e)   Escrow. The certificates representing all Granted Shares acquired by the Participant hereunder which from time to time
are subject to the Lapsing Forfeiture Right shall be delivered to the Company and the Company shall hold such Granted Shares in escrow as provided in this Subsection 2.1(e). The Company shall promptly
release from escrow and deliver to the Participant a certificate for the whole number of Granted Shares, if any, as to which the Company's Lapsing Forfeiture Right has lapsed. In the event of
forfeiture to the Company of Granted Shares subject to the Lapsing Forfeiture Right, the Company shall release from escrow and cancel a certificate for the number of Granted Shares so forfeited. Any
securities distributed in respect of the Granted Shares held in escrow, including, without limitation, shares issued as a result of stock splits, stock dividends or other recapitalizations, shall also
be held in escrow in the same manner as the Granted Shares. 

        (f)    Prohibition on Transfer. The Participant recognizes and agrees that all Granted Shares which are subject to the Lapsing
Forfeiture Right may not be sold, transferred, assigned, hypothecated, pledged, encumbered or otherwise disposed of, whether voluntarily or by operation of law, other than to the Company (or its
designee). However, the Participant, with the approval of the Administrator, may transfer the Granted Shares for no consideration to or for the benefit of the Participant's Immediate Family
(including, without limitation, to a trust for the benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate
Family), subject to such limits as the Administrator may establish, and the transferee shall remain subject to all the terms and conditions applicable to this Agreement prior to such transfer and each
such transferee shall so acknowledge in writing as a condition precedent to the effectiveness of such transfer. The term "Immediate Family" shall mean the Participant's spouse, former spouse, parents,
children, stepchildren, adoptive relationships, sisters, brothers, nieces and nephews and grandchildren (and, for this purpose, shall also include the Participant. The Company shall not be required to
transfer any Granted Shares on its books which shall have been sold, assigned or otherwise transferred in violation of this Subsection 2.1(f), or to treat as the owner of such Granted Shares, or to
accord the right to vote as such owner or to pay dividends to, any person or organization to which any such Granted Shares shall have been so sold, assigned or otherwise transferred, in violation of
this Subsection 2.1(f). 

        (g)   Failure to Deliver Granted Shares to be Forfeited. In the event that the Granted Shares to be forfeited to the Company
under this Agreement are not in the Company's possession pursuant to Subsection 2.1(e) above or otherwise and the Participant or the Participant's Survivor fails to deliver such Granted Shares to the
Company (or its designee), the Company may immediately take such action as is appropriate to transfer record title of such Granted Shares from the Participant to the Company (or its designee) and
treat the Participant and such Granted Shares in all respects as if delivery of such Granted Shares had been made as required by this Agreement. The 

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Participant
hereby irrevocably grants the Company a power of attorney which shall be coupled with an interest for the purpose of effectuating the preceding sentence. 

        (h)   Adjustments. The Plan contains provisions covering the treatment of Shares in a number of contingencies such as stock
splits and mergers. Provisions in the Plan for adjustment with respect to the Granted Shares and the related provisions with respect to successors to the business of the Company are hereby made
applicable hereunder and are incorporated herein by reference. 

        2.2   General Restrictions on Transfer of Granted Shares. 

        (a)   The
Participant agrees that in the event the Company proposes to offer for sale to the public any of its equity securities and such Participant is requested by the
Company and any underwriter engaged by the Company in connection with such offering to sign an agreement restricting the sale or other transfer of Shares, then it will promptly sign such agreement and
will not transfer, whether in privately negotiated transactions or to the public in open market transactions or otherwise, any Shares or other securities of the Company held by him or her during such
period as is determined by the Company and the underwriters, not to exceed 90 days following the closing of the offering, plus such additional period of time as may be required to comply with
Marketplace Rule 2711 of the National Association of Securities Dealers, Inc. or similar rules thereto (such period, the "Lock-Up Period"). Such agreement shall be in writing
and in form and substance reasonably satisfactory to the Company and such underwriter and pursuant to customary and prevailing terms and conditions. Notwithstanding whether the Participant has signed
such an agreement, the Company may impose stop-transfer instructions with respect to the Shares or other securities of the Company subject to the foregoing restrictions until the end of
the Lock-Up Period. 

        (b)   The
Participant acknowledges and agrees that neither the Company nor, its shareholders nor its directors and officers, has any duty or obligation to disclose to the
Participant any material information regarding the business of the Company or affecting the value of the Shares before, at the time of, or following a Termination, including, without limitation, any
information concerning plans for the Company to make a public offering of its securities or to be acquired by or merged with or into another firm or entity. 

        3.     Purchase for Investment; Securities Law Compliance. If the offering and sale of the Granted Shares have not been
effectively registered under the Securities Act of 1933, as amended (the "1933 Act"), the Participant hereby represents and warrants that he or she is acquiring the Granted Shares for his or her own
account, for investment, and not with a view to, or for sale in connection with, the distribution of any such Granted Shares. The Participant specifically acknowledges and agrees that any sales of
Granted Shares shall be made in accordance with the requirements of the 1933 Act, in a transaction as to which the Company shall have received an opinion of counsel satisfactory to it confirming such
compliance. The Participant shall be bound by the provisions of the following legend which shall be endorsed upon the certificate(s) evidencing the Shares issued: 

"The
shares represented by this certificate have been taken for investment and they may not be sold or otherwise transferred by any person, including a pledgee, unless (1) either (a) a
Registration Statement with respect to such shares shall be effective under the Securities Act of 1933, as amended, or (b) the Company shall have received an opinion of counsel satisfactory to
it that an exemption from registration under such Act is then available, and (2) there shall have been compliance with all applicable state securities laws." 

        [or
if the Company has a Form S-8 on file registering the securities: 

        3.     Securities Law Compliance. The Participant specifically acknowledges and agrees that any sales of Granted Shares shall be
made in accordance with the requirements of the Securities Act of 1933, as amended.] 

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        4.     Rights as a Stockholder. The Participant shall have all the rights of a stockholder with respect to the Granted Shares,
including voting and dividend rights, subject to the transfer and other restrictions set forth herein and in the Plan. 

        5.     Legend. In addition to any legend required pursuant to the Plan, all certificates representing the Granted Shares to be
issued to the Participant pursuant to this Agreement shall have endorsed thereon a legend substantially as follows: 

"The
shares represented by this certificate are subject to restrictions set forth in a Restricted Stock Agreement dated as
of                        with this Company, a copy of which Agreement is available
for inspection at the offices of the Company or will be made available upon request." 

        6.     Incorporation of the Plan. The Participant specifically understands and agrees that the Granted Shares issued under the
Plan are being sold to the Participant pursuant to the Plan, a copy of which Plan the Participant acknowledges he or she has read and understands and by which Plan he or she agrees to be bound. The
provisions of the Plan are incorporated herein by reference. 

        7.     Tax Liability of the Participant and Payment of Taxes. The Participant acknowledges and agrees that any income or other
taxes due from the Participant with respect to the Granted Shares issued pursuant to this Agreement, including, without limitation, the Lapsing Forfeiture Right, shall be the Participant's
responsibility. Without limiting the foregoing, the Participant agrees that, to the extent that the lapsing of restrictions on disposition of any of the Granted Shares or the declaration of dividends
on any such shares before the lapse of such restrictions on disposition results in the Participant's being deemed to be in receipt of earned income under the provisions of the Code, the Company shall
be entitled to immediate payment from the Participant of the amount of any tax required to be withheld by the Company. 

        Upon
execution of this Agreement, the Participant may file an election under Section 83 of the Code in substantially the form attached as  Exhibit B. The Participant acknowledges that if he does not
file such an election, as the Granted Shares are released from the Lapsing Forfeiture
Right in accordance with Section 2.1, the Participant will have income for tax purposes equal to the fair market value of the Granted Shares at such date, less the price paid for the Granted
Shares by the Participant. The Participant has been given the opportunity to obtain the advice of his or her tax advisors with respect to the tax consequences of the purchase of the Granted Shares and
the provisions of this Agreement. 

        [If
the Participant has not filed an election under Section 83 of the Code, the Participant shall be required to deposit with the Company an amount of cash equal to
the amount determined by the Company to be required with respect to the statutory minimum of the Participant's estimated total federal, state and local tax obligations associated with the termination
of the Lapsing Forfeiture Right with respect to the Granted Shares. In connection with the foregoing, the Participant agrees that the Company shall authorize a registered broker(s) (the "Broker") to
sell on the date that the Granted Shares shall be released from the Lapsing Forfeiture Right such number of Granted Shares as the Company instructs the Broker to sell to satisfy the Company's
withholding obligations, after deduction of the Broker's commission, and the Broker shall remit to the Company the cash necessary in order for the Company to satisfy its withholding obligation. The
Company shall not deliver any of the Granted Shares until the deposit required herein for withholding has been made. In connection with such sale of Granted Shares, the Participant shall execute any
such documents requested by Broker in order to effectuate the sale of the Granted Shares and payment of the withholding obligation to the Company.] 

        8.     Equitable Relief. The Participant specifically acknowledges and agrees that in the event of a breach or threatened breach
of the provisions of this Agreement or the Plan, including the attempted transfer of the Granted Shares by the Participant in violation of this Agreement, monetary damages may not be adequate to
compensate the Company, and, therefore, in the event of such a breach or 

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threatened
breach, in addition to any right to damages, the Company shall be entitled to equitable relief in any court having competent jurisdiction. Nothing herein shall be construed as prohibiting
the Company from pursuing any other remedies available to it for any such breach or threatened breach. 

        9.     No Obligation to Maintain Relationship. The Company is not by the Plan or this Agreement obligated to continue the
Participant as an employee, director or consultant of the Company or an Affiliate. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated
by the Company at any time; (ii) that the grant of the Shares is a one-time benefit which does not create any contractual or other right to receive future grants of shares, or
benefits in lieu of shares; (iii) that all determinations with respect to any such future grants, including, but not limited to, the times when shares shall be granted, the number of shares to
be granted, the purchase price, and the time or times when each share shall be free from a lapsing repurchase or forfeiture right, will be at the sole discretion of the Company; (iv) that the
Participant's participation in the Plan is voluntary; (v) that the value of the Shares is an extraordinary item of compensation which is outside the scope of the Participant's employment
contract, if any; and (vi) that the Shares are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses,
long-service awards, pension or retirement benefits or similar payments. 

        10.   Notices. Any notices required or permitted by the terms of this Agreement or the Plan shall be given by recognized
courier service, facsimile, registered or certified mail, return receipt requested, addressed as follows: 

	 	 	If to the Company:	 	 	 	 
	 	 	 	 	EnerNOC, Inc.

Attn: Chief Financial Officer

75 Federal Street, Suite 300

Boston, MA 02110	 	 
	
 	
 	

If to the Employee:	
 	

 	
 	

 
	 	 	 	 	
	 	 
	
 	
 	

 	
 	

	
 	

 
	
 	
 	

 	
 	

	
 	

 

or
to such other address or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given on the earliest of receipt, one business day
following delivery by the sender to a recognized courier service, or three business days following mailing by registered or certified mail. 

        11.   Benefit of Agreement. Subject to the provisions of the Plan and the other provisions hereof, this Agreement shall be for
the benefit of and shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto. 

        12.   Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of
Delaware, without giving effect to the conflict of law principles thereof. For the purpose of litigating any dispute that arises under this Agreement,
whether at law or in equity, the parties hereby consent to exclusive jurisdiction in the State of Massachusetts and agree that such litigation shall be conducted in the courts of Suffolk County,
Massachusetts or the federal courts of the United States for the District of Massachusetts. 

        13.   Severability. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent
jurisdiction, then such provision or provisions shall be modified to the extent necessary to make such provision valid and enforceable, and to the extent that this is impossible, then such provision
shall be deemed to be excised from this Agreement, and the validity, legality and enforceability of the rest of this Agreement shall not be affected thereby. 

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        14.   Entire Agreement. This Agreement, together with the Plan, constitutes the entire agreement and understanding between the
parties hereto with respect to the subject matter hereof and supersedes all prior oral or written agreements and understandings relating to the subject matter hereof. No statement, representation,
warranty, covenant or agreement not expressly set forth in this Agreement shall affect or be used to interpret, change or restrict the express terms and provisions of this Agreement provided, however,
in any event, this Agreement shall be subject to and governed by the Plan. 

        15.   Modifications and Amendments; Waivers and Consents. The terms and provisions of this Agreement may be modified or amended
as provided in the Plan. Except as provided in the Plan, the terms and provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by written document executed by
the party entitled to the benefits of such terms or provisions. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms or provisions of
this Agreement, whether or not similar. Each such waiver or consent shall be effective only in the specific instance and for the purpose for which it was given, and shall not constitute a continuing
waiver or consent. 

        16.   Consent of Spouse/Domestic Partner. If the Participant has a spouse or domestic partner as of the date of this Agreement,
the Participant's spouse or domestic partner shall execute a Consent of Spouse/Domestic Partner in the form of Exhibit A hereto, effective as of
the date hereof. Such consent shall not be deemed to confer or convey to the spouse or domestic partner any rights in the Granted Shares that do not otherwise exist by operation of law or the
agreement of the parties. If the Participant subsequent to the date hereof, marries, remarries or applies to the Company for domestic partner benefits, the Participant shall, not later than
60 days thereafter, obtain his or her new spouse/domestic partner's acknowledgement of and consent to the existence and binding effect of all restrictions contained in this Agreement by having
such spouse/domestic partner execute and deliver a Consent of Spouse/Domestic Partner in the form of Exhibit A. 

        17.   Counterparts. This Agreement may be executed in one or more counterparts, and by different parties hereto on separate
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

        18.   Data Privacy. By entering into this Agreement, the Participant: (i) authorizes the Company and each Affiliate, and
any agent of the Company or any Affiliate administering the Plan or providing Plan record keeping services, to disclose to the Company or any of its Affiliates such information and data as the Company
or any such Affiliate shall request in order to facilitate the grant of Shares and the administration of the Plan; (ii) waives any data privacy rights he or she may have with respect to such
information; and (iii) authorizes the Company and each Affiliate to store and transmit such information in electronic form. 

[THE
NEXT PAGE IS THE SIGNATURE PAGE] 

6

 

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 

	 	ENERNOC, INC.
	

 	

By:
 Name:

Title:
	

 	

Participant:
	

 	

 Print Name:

7

   Exhibit A  

CONSENT OF SPOUSE/DOMESTIC PARTNER  

        I,                        , spouse or domestic partner
of                        , acknowledge that I have read the RESTRICTED STOCK AGREEMENT dated as
of                        (the
"Agreement") to which this Consent is attached as Exhibit A and that I know its contents. Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the
Agreement. I am aware that by its provisions the Granted Shares granted to my spouse/domestic partner pursuant to the Agreement are subject to a Lapsing Forfeiture Right in favor of
EnerNOC, Inc. (the "Company") and that, accordingly, I may be required to forfeit to the Company any or all of the Granted Shares of which I may become possessed as a result of a gift from my
spouse/domestic partner or a court decree and/or any property settlement in any domestic litigation. 

        I
hereby agree that my interest, if any, in the Granted Shares subject to the Agreement shall be irrevocably bound by the Agreement and further understand and agree that any community
property interest I may have in the Granted Shares shall be similarly bound by the Agreement. 

        I
agree to the Lapsing Forfeiture Right described in the Agreement and I hereby consent to the forfeiture of the Granted Shares to the Company by my spouse/domestic partner or my
spouse/domestic partner's legal representative in accordance with the provisions of the Agreement. Further, as part of the consideration for the Agreement, I agree that at my death, if I have not
disposed of any interest of mine in the Granted Shares by an outright bequest of the Granted Shares to my spouse or domestic partner, then the Company shall have the same rights against my legal
representative to exercise its rights to the Granted Shares with respect to any interest of mine in the Granted Shares as it would have had pursuant to the Agreement if I had acquired the Granted
Shares pursuant to a court decree in domestic litigation. 

        I AM AWARE THAT THE LEGAL, FINANCIAL AND RELATED MATTERS CONTAINED IN THE AGREEMENT ARE COMPLEX AND THAT I AM FREE TO SEEK INDEPENDENT PROFESSIONAL GUIDANCE OR
COUNSEL WITH RESPECT TO THIS CONSENT. I HAVE EITHER SOUGHT SUCH GUIDANCE OR COUNSEL OR DETERMINED AFTER REVIEWING THE AGREEMENT CAREFULLY THAT I WILL WAIVE SUCH RIGHT.

        Dated
as of the            day of                        ,
200    . 

	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	
 Print name:

A-1

  

Exhibit B  

 
 

Election to Include Gross Income in Year
  of Transfer Pursuant to Section 83(b)
  of the Internal Revenue Code of 1986, as amended    
    

        In accordance with Section 83(b) of the Internal Revenue Code of 1986, as amended (the "Code"), the undersigned hereby elects to include in his gross
income as compensation for services the excess, if any, of the fair market value of the property (described below) at the time of transfer over the amount paid for such property. 

        The
following sets for the information required in accordance with the Code and the regulations promulgated hereunder: 

	1.
	The
name, address and social security number of the undersigned are: 

Name:

Address:

Social Security No.: 

	2.
	The
description of the property with respect to which the election is being made is as follows: 

                        (    )
shares (the "Shares") of Common Stock, $.001 par value per share, of EnerNOC, Inc., a Delaware corporation (the "Company"). 

	3.
	This
election is made for the calendar year            , with respect to the transfer of the property to the Taxpayer
on                        .

	4.
	Description
of restrictions: The property is subject to the following restrictions: 

In
the event taxpayer's employment with the Company or an Affiliate is terminated, the taxpayer shall forfeit the Shares as set forth below: 

	A.
	If
the termination takes place on or prior to                        all of the Shares will be forfeited.

	B.
	If
the termination takes place after                        ,
200            , the number of Shares forfeited shall
be                        (    ) Shares
less                        
(    ) Shares for each full twelve (12) month period elapsed after                        ,
200            if the taxpayer is employed by the Company or an Affiliate.

	5.
	The
fair market value at time of transfer (determined without regard to any restrictions other than restrictions which by their terms will never lapse) of the property with respect to
which this election is being made was not more than $            per Share.

	6.
	The
amount paid by taxpayer for said property was $    per Share.

	7.
	A
copy of this statement has been furnished to the Company. 

        Signed
this        day of                        , 200    . 

	 	 	 	 	
 Print name:

B-1

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RESTRICTED STOCK AGREEMENT ENERNOC, INC.

Election to Include Gross Income in Year of Transfer Pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amendedQuickLinks
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Exhibit 10.21  

 
 

INDEMNIFICATION AGREEMENT    
    

        THIS AGREEMENT is made and entered into this    day
of                        , 20    by and
between ENERNOC, INC., a Delaware corporation (the "Corporation"),
and                        
("Agent"). 

RECITALS  

        WHEREAS, Agent performs a valuable service to the Corporation in his capacity as [a director/an
officer] of the Corporation; 

        WHEREAS, the Corporation has adopted provisions in its Certificate of Incorporation (the "Charter") and bylaws (the
"Bylaws") providing for the indemnification of the directors, officers, employees and other agents of the Corporation, including persons serving at the
request of the Corporation in such capacities with other corporations or enterprises, as authorized by the Delaware General Corporation Law, as amended (the
"Code"); 

        WHEREAS, the Charter, the Bylaws and the Code, by their non-exclusive nature, permit contracts between the Corporation and its
agents, officers, employees and other agents with respect to indemnification of such persons; and 

        WHEREAS, in order to induce Agent to serve as [a director/an officer] of the Corporation, the Corporation has
determined and agreed to enter into this Agreement with Agent. 

        NOW, THEREFORE, in consideration of Agent's service as [a director/an officer] of the Corporation after the date
hereof, the parties hereto agree as follows: 

 
 

AGREEMENT    
    

        1.     Services to the Corporation. Agent will serve, at the will of the Corporation or under separate contract, if any such
contract exists, as [a director/an officer] of the Corporation or as a director, officer or other fiduciary of an affiliate of the Corporation (including any employee benefit
plan of the Corporation) faithfully and to the best of his ability so long as he [is duly elected and qualified in accordance with the provisions of the Bylaws or other applicable charter
documents/is a duly appointed officer] of the Corporation or such affiliate; provided, however, that Agent may at any time and for
any reason resign from such position (subject to any contractual obligation that Agent may have assumed apart from this Agreement) and that the Corporation or any affiliate shall have no obligation
under this Agreement to continue Agent in any such position. 

        2.     Indemnity of Agent. The Corporation hereby agrees to hold harmless and indemnify Agent to the fullest extent authorized or
permitted by the provisions of the Charter, the Bylaws and the Code, as the same may be amended from time to time (but, only to the extent that such amendment permits the Corporation to provide
broader indemnification rights than the Charter, the Bylaws or the Code permitted prior to adoption of such amendment). 

        3.     Additional Indemnity. In addition to and not in limitation of the indemnification otherwise provided for herein, and
subject only to the exclusions set forth in Section 4 hereof, the Corporation hereby further agrees to hold harmless and indemnify Agent: 

        (a)   against any and all expenses (including attorneys' fees), witness fees, damages, judgments, fines and amounts paid in
settlement and any other amounts that Agent becomes legally obligated to pay because of any claim or claims made against or by him in connection with any threatened, pending or completed action, suit
or proceeding, whether civil, criminal, arbitrational, administrative or investigative (including an action by or in the right of the Corporation) to which Agent is, was or at any time becomes a party
or a witness, or is threatened to be made a party or a witness, by reason of the fact that Agent is, was or at any time becomes a director, officer, employee or other agent of Corporation, or is or
was serving or at any time serves at the request 

 

of
the Corporation as a director, officer, employee or other agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise; and 

        (b)   otherwise to the fullest extent as may be provided to Agent by the Corporation under the non-exclusivity
provisions of the Code, the Charter and the Bylaws. 

        4.     Limitations on Additional Indemnity. No indemnity pursuant to Section 3 hereof shall be paid by the Corporation: 

        (a)   on account of any claim against Agent for an accounting of profits made from the purchase or sale by Agent of securities
of the Corporation pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any federal, state or local statutory law; 

        (b)   on account of Agent's conduct that is established by a final judgment as knowingly fraudulent or deliberately dishonest
or that constituted willful misconduct; 

        (c)   on account of Agent's conduct that is established by a final judgment as constituting a breach of Agent's duty of loyalty
to the Corporation or resulting in any personal profit or advantage to which Agent was not legally entitled; 

        (d)   for which payment is actually made to Agent under a valid and collectible insurance policy or under a valid and
enforceable indemnity clause, bylaw or agreement, except in respect of any excess beyond payment under such insurance, clause, bylaw or agreement; 

        (e)   if indemnification is not lawful (and, in this respect, both the Corporation and Agent have been advised that the
Securities and Exchange Commission believes that indemnification for liabilities arising under the federal securities laws is against public policy and is, therefore, unenforceable and that claims for
indemnification should be submitted to appropriate courts for adjudication); or 

        (f)    in connection with any proceeding (or part thereof) initiated by Agent, or any proceeding by Agent against the
Corporation or its directors, officers, employees or other agents, unless (i) such indemnification is expressly required to be made by law, (ii) the proceeding was authorized by the
Board of Directors of the Corporation, (iii) such indemnification is provided by the Corporation, in its sole discretion, pursuant to the powers vested in the Corporation under the Code, or
(iv) the proceeding is initiated pursuant to Section 9 hereof. 

        5.     Continuation of Indemnity. All agreements and obligations of the Corporation contained herein shall continue during the
period Agent is a director, officer, employee or other agent of the Corporation (or is or was serving at the request of the Corporation as a director, officer, employee or other agent of another
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise) and shall continue thereafter so long as Agent shall be subject to any possible claim or threatened, pending
or completed action, suit or proceeding, whether civil, criminal, arbitrational, administrative or investigative, by reason of the fact that Agent was serving in the capacity referred to herein. 

        6.     Partial Indemnification. Agent shall be entitled under this Agreement to indemnification by the Corporation for a portion
of the expenses (including attorneys' fees), witness fees, damages, judgments, fines and amounts paid in settlement and any other amounts that Agent becomes legally obligated to pay in connection with
any action, suit or proceeding referred to in Section 3 hereof even if not entitled hereunder to indemnification for the total amount thereof, and the Corporation shall indemnify Agent for the
portion thereof to which Agent is entitled. 

        7.     Notification and Defense of Claim. As soon as practicable, and in any event, not later than thirty (30) days after
Agent becomes aware, by written or other overt communication, of any pending 

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or
threatened litigation, claim or assessment, Agent will, if a claim in respect thereof is to be made against the Corporation under this Agreement, notify the Corporation of such pending or
threatened litigation, claim or assessment; but the omission so to notify the Corporation will not relieve it from any liability which it may have to Agent otherwise than under this Agreement. With
respect to any such pending or threatened litigation, claim or assessment as to which Agent notifies the Corporation of the commencement thereof: 

        (a)   the Corporation will be entitled to participate therein at its own expense; 

        (b)   except as otherwise provided below, the Corporation may, at its option and jointly with any other indemnifying party
similarly notified and electing to assume such defense, assume the defense thereof, with counsel reasonably satisfactory to Agent. After notice from the Corporation to Agent of its election to assume
the defense thereof, the Corporation will not be liable to Agent under this Agreement for any legal or other expenses subsequently incurred by Agent in connection with the defense thereof except for
reasonable costs of investigation or otherwise as provided below. Agent shall have the right to employ separate counsel in such action, suit or proceeding but the fees and expenses of such counsel
incurred after notice from the Corporation of its assumption of the defense thereof shall be at the expense of Agent unless (i) the employment of counsel by Agent has been authorized by the
Corporation, (ii) Agent shall have reasonably concluded, and so notified the Corporation, that there is an actual conflict of interest between the Corporation and Agent in the conduct of the
defense of such action or (iii) the Corporation shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses of Agent's separate
counsel shall be at the
expense of the Corporation. The Corporation shall not be entitled to assume the defense of any action, suit or proceeding brought by or on behalf of the Corporation or as to which Agent shall have
made the conclusion provided for in clause (ii) above; and 

        (c)   the Corporation shall not be liable to indemnify Agent under this Agreement for any amounts paid in settlement of any
action or claim effected without its written consent, which shall not be unreasonably withheld. The Corporation shall be permitted to settle any action or claim except that it shall not settle any
action or claim in any manner which would impose any penalty or limitation on Agent without Agent's written consent, which may be given or withheld in Agent's sole discretion. 

        8.     Expenses. The Corporation shall advance, prior to the final disposition of any proceeding, promptly following request
therefor, all expenses incurred by Agent in connection with such proceeding upon receipt of an undertaking by or on behalf of Agent to repay said amounts if it shall be determined ultimately that
Agent is not entitled to be indemnified under the provisions of this Agreement, the Charter, the Bylaws, the Code or otherwise. Such undertaking shall be accepted without reference to the financial
ability of the Agent to make such repayment. Without limiting the foregoing, if any action, suit or proceeding is disposed of on the merits or otherwise (including a disposition without prejudice),
without (i) the disposition being adverse to the Agent, (ii) an adjudication that the Agent was liable to the Corporation, (iii) a plea of guilty or nolo
contendere by the Agent, (iv) an adjudication that the Agent did not act in good faith, and in a manner he reasonably believed to be in or not opposed to the best
interests of the Corporation, and (v) with respect to any criminal proceeding, an adjudication that the Agent had reasonable cause to believe his conduct was unlawful, the Agent shall be
considered for the purposes hereof to have been wholly successful with respect thereto. 

        9.     Enforcement. Any right to indemnification or advances granted by this Agreement to Agent shall be enforceable by or on
behalf of Agent in any court of competent jurisdiction if (i) the claim for indemnification or advances is denied, in whole or in part, or (ii) no disposition of such claim is made
within sixty (60) days of request therefor. Agent, in such enforcement action, if successful in whole or 

3

 

in
part, shall be entitled to be paid also the expense of prosecuting his claim. It shall be a defense to any action for which a claim for indemnification is made under Section 3 hereof (other
than an action brought to enforce a claim for expenses pursuant to Section 8 hereof, provided that the required undertaking has been tendered to the Corporation) that Agent is not entitled to
indemnification because of the limitations set forth in Section 4 hereof. Neither the failure of the Corporation (including its Board of Directors or its stockholders) to have made a
determination prior to the commencement of such enforcement action that indemnification of Agent is proper in the circumstances, nor an actual determination by the Corporation (including its Board of
Directors or its stockholders) that such indemnification is improper shall be a defense to the action or create a presumption that Agent is not entitled to indemnification under this Agreement or
otherwise. 

        10.   Subrogation. In the event of payment under this Agreement, the Corporation shall be subrogated to the extent of such
payment to all of the rights of recovery of Agent, who shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Corporation effectively
to bring suit to enforce such rights. 

        11.   Non-Exclusivity of Rights. The rights conferred on Agent by this Agreement shall not be exclusive of any
other right which Agent may have or hereafter acquire under any statute, provision of the Corporation's Certificate of Incorporation or Bylaws, agreement, vote of stockholders or directors, or
otherwise, both as to action in his official capacity and as to action in another capacity while holding office. 

        12.   Survival of Rights. 

        (a)   The rights conferred on Agent by this Agreement shall continue after Agent has ceased to be a director, officer, employee
or other agent of the Corporation or to serve at the request of the Corporation as a director, officer, employee or other agent of another corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise, and shall inure to the benefit of Agent's heirs, executors and administrators. 

        (b)   The Corporation shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise)
to all or substantially all of the business or assets of the Corporation, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Corporation would
be required to perform if no such succession had taken place. 

        13.   Separability. Each of the provisions of this Agreement is a separate and distinct agreement and independent of the
others, so that if any provision hereof shall be held to be invalid or unenforceable for any reason, such invalidity or unenforceability shall not affect the validity or enforceability of the other
provisions hereof. Furthermore, if this Agreement shall be invalidated in its entirety on any ground, then the Corporation shall nevertheless indemnify Agent to the fullest extent provided by the
Charter, the Bylaws, the Code or any other applicable law. 

        14.   Governing Law. This Agreement shall be interpreted and enforced in accordance with the laws of the State of Delaware. 

        15.   Amendment and Termination. No amendment, modification, termination or cancellation of this Agreement shall be effective
unless in writing signed by both parties hereto. 

        16.   Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes
be deemed to be an original but all of which together shall constitute but one and the same Agreement. Only one such counterpart need be produced to evidence the existence of this Agreement. 

        17.   Headings. The headings of the sections of this Agreement are inserted for convenience only and shall not be deemed to
constitute part of this Agreement or to affect the construction hereof. 

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        18.   Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to
have been duly given (i) upon delivery if delivered by hand to the party to whom such communication was directed or (ii) upon the third business day after the date on which such
communication was mailed if mailed by certified or registered mail with postage prepaid: 

        (a)   If to Agent, at the address indicated on the signature page hereof. 

        (b)   If to the Corporation, to: 

EnerNOC, Inc.

75 Federal Street, Suite 300

Boston, MA 02110

Attention: Chief Executive Officer 

        or
to such other address as may have been furnished to Agent by the Corporation. 

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement on and as of the day and year first above written. 

	 	 	ENERNOC, INC.
	

 	
 	

By:	
 	

 Name:

Title:
	

 	
 	
AGENT
	

 	
 	

 [Name]
	

 	
 	

	

 	
 	

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INDEMNIFICATION AGREEMENT

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