Document:

EX-10.20B

 Exhibit 10.20B 

TRADEMARK ASSIGNMENT AGREEMENT 

This TRADEMARK ASSIGNMENT AGREEMENT (this “Assignment Agreement”) is made and entered into as of
June [    ], 2014 (“Effective Date”) by and between VIVINT, INC., a Utah corporation, with its principal office 4931 North 300 West, Provo, Utah 84604 (“Assignor”), and Vivint
Solar, Inc., a Delaware corporation (f/k/a V Solar Holdings, Inc.) (“Assignee”, each of Assignor and Assignee a “Party”, and collectively, the “Parties”). 

RECITALS 
 WHEREAS, Assignor
wishes to hereby assign to Assignee, and Assignee wishes to acquire from Assignor, any and all right, title and interest that Assignor owns in the trademarks listed on Schedule A attached hereto, and all common-law rights associated therewith
and all goodwill of the business associated therewith and symbolized thereby (collectively, the “Marks”); 

WHEREAS, Assignor and Assignee are parties to that certain Trademark / Service Mark License Agreement, dated of June 1, 2011, as amended
and restated by that certain Amended and Restated Trademark / Service Mark License Agreement, dated as of June 10, 2013 (the “Prior License”), which is being terminated by the Parties; 

AGREEMENT 
 NOW, THEREFORE, for
good and valuable consideration, the receipt and sufficiency of which is hereby established, and in consideration of the terms and conditions set forth herein, the Parties agree as follows: 

1. Definitions. Capitalized terms not otherwise defined in this Assignment Agreement will have the following meanings: 

(a) “Assigned Property” means the Marks, and all trademark, copyright, trade dress and similar rights, if any,
incorporated in or protecting the Marks, including any logos or graphic elements included in the Marks. 
 (b)
“Marks” means the trademarks listed on Schedule A. 
 2. Assignment to Vivint Solar; Restrictions.

 (a) Assignor hereby irrevocably and unconditionally assigns to Assignee, all of Assignor’s right, title, and interest in and to the
Assigned Property, together with the goodwill of the business symbolized by the Marks, as successor of the business to which the Marks relate. Assignor further irrevocably and unconditionally assigns to Assignee the right to bring all claims for
past, present, and future infringement, misappropriation, or other violation of the Assigned Property, including all rights to sue for and to receive and recover all profits and damages accruing from an infringement, misappropriation, or other
violation as well as the right to grant releases for past infringements. Assignor and Assignee will execute the short-form assignment attached as Exhibit A. The Prior License will terminate as of the Effective Date. 

(b) The Parties hereby amend the Prior License, pursuant to Section 13(d) thereof, to (i) permit termination of the Prior License
under Section 7 upon the Parties’ mutual consent and (ii) delete Section 13(o), such that no provisions of the Prior License shall survive its termination. Effective immediately after the effect of the above amendment, the
Parties hereby mutually agree to terminate the Prior License. 

 3. Further Assurances. Assignor will take all actions and execute all documents as
Assignee may reasonably request, at the expense of Vivint Solar, to: 
 (a) effectuate the above transfer to Assignee of the Assigned
Property, and the vesting of complete and exclusive ownership in Assignee of the Assigned Property; and 
 (b) provide Assignee with
evidence of Assignor’s rights and priority in and Assignor’s use of the Assigned Property prior to the Effective Date, in any judicial, opposition, or other proceedings in respect of the Assigned Property, including for revocation of any
of Assignor’s rights in the Assigned Property. 
 4. No Representations and Warranties. Assignee agrees that the Assigned
Property is assigned to Assignee on an “as is” and “where is” basis, and Assignor expressly disclaims any and all other representations and warranties of any kind, either express or implied, including any warranties of validity,
enforceability or infringement or dilution of any third-party rights. 
 5. Miscellaneous. 

(a) Expenses. All costs and expenses, including fees and disbursements of counsel, financial advisors, and accountants, incurred in
connection with this Assignment Agreement will be paid by the Party incurring those costs and expenses. 
 (b) Arms-Length. Each
Party acknowledges and agrees that the Assignment Agreement is the product of an arm’s-length negotiation, without duress, coercion, or collusion, and will be interpreted as agreements between two Parties of equal bargaining strength. It is the
Parties’ intention that the Assignment Agreement reflects the conditions which would be obtained between comparable, independent persons in substantially similar transactions (taking into account the relative responsibilities and risks between
the Parties) and comparable circumstances (taking into account the location, market, and economic conditions), thereby providing the closest approximation of the workings of the open market. 

(c) Entire Agreement. This Assignment Agreement constitutes the entire agreement between the Parties and supersedes all prior oral and
written negotiations, communications, discussions, and correspondence pertaining to the subject matter of this Assignment Agreement. 
 (d)
Headings, “including.” The article and section headings and any table of contents in the Agreement are for reference and convenience only and will not be considered in the interpretation of any of the Assignment Agreement. The term
“including” means by way of example and not of limitation. 

  

					
		 	-2-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 (e) Amendments and Waivers. This Assignment Agreement may only be amended or modified by
an instrument in writing signed by each Party’s President or Chief Executive Officer or Managing Member, as applicable. 
 (f)
Binding Effect. This Assignment Agreement will be binding upon and inure to the benefit of the Parties and their respective heirs, legal representatives, successors, and permitted assigns. The Parties agree that Vivint Solar will be a
third-party beneficiary of Sections 3-5 of this Assignment Agreement, with the right to enforce same directly against Assignor without the consent of Assignee, and that any recovery obtained by Vivint Solar when acting as a third-party beneficiary
shall be solely for the benefit of (and will be paid directly to) Vivint Solar. 
 (g) Governing Law. The interpretation and
enforceability of this Assignment Agreement and the rights and liabilities of the Parties under this Assignment Agreement will be governed by the laws of the State of Utah without giving effect to any principles of conflict of laws. 

(h) Jurisdiction. Each Party hereby irrevocably submits to the personal jurisdiction of any state or federal court sitting in the State
of Utah, County of Salt Lake, in any suit, action or proceeding arising out of or relating to any of this Assignment Agreement. Each Party hereby irrevocably waives, to the fullest extent permitted by applicable law, any objection which that Party
may raise now, or later have, to the laying of the venue of any such suit, action or proceeding brought in such a court and any claim that any such suit, action or proceeding brought in such a court has been brought in an inconvenient forum. Each
Party agrees that, to the fullest extent permitted by applicable law, a final judgment in any such suit, action, or proceeding brought in such a court will be conclusive and binding upon such Party, and may be enforced in any court of the
jurisdiction in which such Party is or may be subject by a suit upon such judgment. 
 (i) WAIVER OF JURY TRIAL. EACH PARTY HEREBY
WAIVES ITS RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS ASSIGNMENT AGREEMENT, IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY EITHER PARTY AGAINST THE OTHER, WHETHER
WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR OTHERWISE. EACH PARTY HEREBY AGREES THAT ANY SUCH CLAIM OR CAUSE OF ACTION WILL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT LIMITING THE PREVIOUS SENTENCE, THE PARTIES FURTHER AGREE THAT THEIR
RESPECTIVE RIGHTS TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION, COUNTERCLAIM, OR OTHER PROCEEDING THAT SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF ANY PORTION OF THIS ASSIGNMENT AGREEMENT.
THIS WAIVER WILL APPLY TO ANY SUBSEQUENT AMENDMENT, RENEWAL, SUPPLEMENT, OR MODIFICATION TO THIS ASSIGNMENT AGREEMENT. 
 (j) Specific
Performance. The Parties agree that irreparable damage would occur if any provision of the Assignment Agreement were not performed in accordance with the terms of the Assignment Agreement, and that the Parties will be entitled to seek specific
performance of the terms of the Assignment Agreement, in addition to any other remedy to which they are entitled at law or in equity. 

  

					
		 	-3-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 (k) Attorneys’ Fees. In any suit, action, counterclaim, or arbitration
brought relating to this Assignment Agreement or the breach or alleged breach of this Assignment Agreement, the prevailing Party will be entitled to recover a reasonable allowance for attorneys’ fees and litigation expenses. For purposes of
this Section 7(k), “prevailing Party” will mean: (a) a prevailing Party in any litigation as determined by a court of competent jurisdiction; and (b) a Party who agrees to dismiss an action or proceeding with
prejudice upon the other’s payment of the sums allegedly due or performance of convents allegedly breached. 
 (l) Severability.
If any provision of the Assignment Agreement is held by a court of competent jurisdiction to be invalid, unenforceable, or void, that provision will be enforced to the fullest extent permitted by applicable law, and the remainder of the Assignment
Agreement will remain in full force and effect. If the time period or scope of any provision is declared by a court of competent jurisdiction to exceed the maximum time period or scope that that court deems enforceable, then that court will reduce
the time period or scope to the maximum time period or scope permitted by law. If the geographic region or scope of any provision is declared by a court of competent jurisdiction to exceed the maximum geographic region or scope that that court deems
enforceable, then that court will reduce the geographic region or scope to the maximum time period or scope permitted by law. 
 (m)
Counterparts. The Assignment Agreement and any document related to the Assignment Agreement may be executed by the Parties on any number of separate counterparts, by facsimile or email, and all of those counterparts taken together will be
deemed to constitute one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signatures are physically attached to the same document. A facsimile or portable
document format (“.pdf”) signature page will constitute an original for the purposes of this Section 7(l). 
 (n) Force
Majeure. Neither Party will be in breach or default under this Assignment Agreement by reason of any failure or delay in the performance of its obligations under this Assignment Agreement where the failure or delay is due to any unforeseen cause
beyond its control, including civil disturbances, riot, rebellion, invasion, epidemic, war, terrorism, embargo, natural disaster, acts of God, flood, fire, sabotage, other events or any other circumstances or causes beyond that Party’s control;
provided, however, that the delayed Party gives the other Party prompt written notice of the failure or delay and the reason for that failure or delay and uses its reasonable efforts to avoid or limit the resulting failure or delay. Subject to the
foregoing sentence, the period of performance for the delayed obligation will be extended by the duration of the delay. 
 [SIGNATURE PAGES
FOLLOW] 

  

					
		 	-4-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 IN WITNESS WHEREOF, Assignor and Assignee have caused this Trademark Assignment Agreement
to be executed by their duly authorized representatives as of the Effective Date. 
  

			
	ASSIGNOR:
	
	 VIVINT, INC.,
 a Utah
corporation

		
	By:	 	  

	Name:	 	Alex Dunn
	Title:	 	President

 [SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE] 

  

					
		 	-5-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 
					
	 ASSIGNEE:
  

Vivint Solar, Inc.,
 a Delaware
corporation

			
		 	By:	 	  

		 	Name:	 	Greg Butterfield
		 	Title:	 	Chief Executive Officer

  

					
		 		  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 EXHIBIT A 

THIS TRADEMARK ASSIGNMENT AGREEMENT (this “Assignment”) is made and entered into as of June
[    ], 2014 (“Effective Date”) by and between VIVINT, INC., a Utah corporation, with its principal office 4931 North 300 West, Provo, Utah 84604 (“Assignor”), and VIVINT SOLAR,
INC., a Delaware corporation (f/k/a V Solar Holdings, Inc.) (“Assignee”, each of Assignor and Assignee a “Party”, and collectively, the “Parties”). 

WHEREAS, Assignor wishes to hereby assign to Assignee, and Assignee wishes to acquire from Assignor, any and all right, title and
interest that Assignor owns in the trademarks listed on Schedule A attached hereto, and all common-law rights associated therewith and all goodwill of the business associated therewith and symbolized thereby (collectively, the
“Marks”); 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Parties agree as follows: 
 1. Assignor hereby irrevocably and unconditionally assigns to Assignee, all of
Assignor’s right, title, and interest in and to the Marks, together with the goodwill of the business symbolized by the Marks, as successor of the business to which the Marks relate. Assignor further irrevocably and unconditionally assigns to
Assignee the right to bring all claims for past, present, and future infringement, misappropriation, or other violation of the Marks, including all rights to sue for and to receive and recover all profits and damages accruing from an infringement,
misappropriation, or other violation as well as the right to grant releases for past infringements. 
 2. Assignor hereby requests the
United States Commissioner of Patents and Trademarks, and any corresponding entities or agencies in any applicable foreign jurisdictions, to record Assignee as the assignee and owner of the Marks. 

3. This Assignment Agreement shall be construed and interpreted in accordance with the laws of the State of Utah without giving effect to any
principles of conflict of laws. 
 [Remainder of the page intentionally left blank] 

  

					
		 	-2-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment Agreement to be
executed by their duly authorized representatives as of the Effective Date. 
  

			
	 ASSIGNOR:
  

VIVINT, INC.,
 a Utah corporation

		
	By:	 	  

	Name:	 	Alex Dunn
	Title:	 	President

 [SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE] 

  

					
		 	-3-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 
					
	 ASSIGNEE:
  

VIVINT SOLAR, INC.
 a Delaware corporation

			
		 	By:	 	  

		 	Name:	 	Greg Butterfield
		 	Title:	 	Chief Executive Officer

  

					
		 	-1-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)

 SCHEDULE A 

Simply Brighter 
 Simple, affordable solar solutions 

Solar Academy 
 Solar Core 

Powers of Magnitude 
 Solar Price Protection Plan 

Save Money, Gain Energy Independence, Go Green 
 Pay less for
power 
 Lights on 
  
 

 

  

					
		 	-2-	  	 TRADEMARK ASSIGNMENT

(Vivint Solar, Inc.)EX-10.21

 Exhibit 10.21 

EXECUTION VERSION 

FULL-SERVICE SUBLEASE AGREEMENT 

This FULL-SERVICE SUBLEASE AGREEMENT (this “Agreement”) is made and entered into as of June     ,
2014, by and between VIVINT SOLAR, INC. (f/k/a V Solar Holdings, Inc.), a Delaware corporation (together with its successors and permitted assigns, the “Company”), and VIVINT, INC., a Utah corporation f/k/a APX Alarm Security
Solutions, Inc. (together with its successors and permitted assigns “Vivint”). Each of the Company and Vivint may also be referred to herein individually as a “Party”, and collectively as the
“Parties”. 
 RECITALS 

WHEREAS, Vivint and the Company are affiliate business entities, under the common control and ownership of 313 Acquisition, LLC, a Delaware
limited liability company; the companies are an interrelated business enterprise; and Vivint does and shall continue to receive direct economic benefit from the continued success of the Company; 

WHEREAS, Vivint is the tenant under that certain Lease Agreement, dated as of March 21, 2014, by and between Topical Development, LLC, a
Utah limited liability company, as landlord (the “Master Landlord”) and Vivint, as tenant (as amended, amended and restated, supplemented, or otherwise modified from time to time, the “Master Lease”);
pursuant to which Master Landlord leases to Vivint the approximately 75,000 square feet located in the commercial office building (the “Building”) and related common areas, commonly known as Building C, 5111 North 300 West,
Provo, Utah, and referred to in the Master Lease as the “Premises” (collectively, the “Property”); 

WHEREAS, pursuant to Section 19 of the Master Lease, the Company is a “Transferee” (as such term is defined in the Master
Lease) and Vivint is permitted to sublease the Premises to the Company upon obtaining the prior written consent of the Master Landlord; and 

WHEREAS, Vivint desires to sublease to the Company, and the Company desires to sublease from Vivint the Premises (as defined below), subject
to the terms and conditions of this Agreement. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual covenants, agreements and conditions set forth herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 
 1. Definitions and
Rules of Interpretation. 
 (a) Incorporation of Definitions. Any capitalized term used but not defined herein shall have the
meaning ascribed to such term in the Master Lease. 

  

					
		  	1	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (b) Defined Terms. Except as otherwise provided herein, the capitalized terms set forth
below shall have the following meanings: 
 (i) “Business Day” shall mean a day other than Saturday,
Sunday or any day on which banks located in the State of Utah are authorized or obligated to close. 
 (ii)
“Commencement Date” shall mean June     , 2014. 
 (iii)
“Premises” shall mean certain portions of the third floor of the Building, encompassing approximately 16,000 rentable square feet as shown on ExhibitA-1 attached hereto. 

(c) Rules of Interpretation. Except as otherwise provided in this Agreement, each Party hereby agrees and acknowledges that the
following rules of interpretation shall apply to this Agreement: (i) the singular includes the plural and the plural includes the singular; (ii) the word “or” is not exclusive; (iii) a reference to a law or governmental rule
includes any amendment or modification to such law or rule, and all regulations, rulings and other laws promulgated under such law or rule; (iv) a reference to a person includes its successors and permitted assigns; (v) accounting terms
have the meanings assigned to them by Generally Accepted Accounting Principles; (vi) the words “include”, “includes”, and “including” are not limiting; (vii) Recitals, Exhibits, Schedules, Annexes, Appendices,
or any attachment to this Agreement shall be deemed incorporated by reference into this Agreement; (viii) references to any document, instrument or agreement (A) shall include all exhibits, schedules and other attachments thereto,
(B) shall include all documents, instruments or agreements issued or executed in replacement thereof, and (C) shall mean such document, instrument or agreement, or replacement or predecessor thereto, as amended, amended and restated,
supplemented, and otherwise modified from time to time and in effect at any given time; (ix) the words “hereof,” “herein”, “hereunder”, “hereby”, and words of similar import when used in this Agreement
shall refer to this Agreement as a whole and not to any particular provision of this Agreement; (x) the words “will” and “shall” are used interchangeably with the same meaning; (xi) references to “days” shall
mean calendar days, unless the term “Business Days” is used; and (xi) references to a time of day shall mean such time in Salt Lake City, Utah, unless otherwise specified. Article, Section and Paragraph headings, and the footers have
been inserted in this Agreement as a matter of convenience for reference only, such are not a part of this Agreement and shall not be used in the interpretation of any provision of this Agreement. 

2. Sublease and Services. 

(a) Sublease. In consideration of the covenants and agreements to be performed by the Company, and upon and subject to the terms and
conditions of this Agreement and the Master Lease, Vivint hereby subleases to the Company and the Company hereby subleases from Vivint the Premises for the period of the Term (as such term is defined below) (the “Sublease”).
In addition to the Sublease of the Premises, Vivint hereby grants to the Company the right to use (i) in common with Vivint and any other occupants of the Building and the Property, the areas outside the Building (including parking areas) that
Vivint has the right to use and (ii) in common with Vivint and the any occupants of the Building, the hallways, stairways, elevators, restrooms, kitchens, break rooms, photocopy rooms, facsimile rooms, conference rooms, gathering areas,
exercise and shower facilities and other areas of the Building (including the equipment located therein) that may be reasonably necessary for the Company’s use of the Premises, including such toilet and shower facilities as are available to
Vivint. 

  

					
		  	2	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (b) Quiet Enjoyment. Notwithstanding the foregoing, and provided that the Company complies
with all terms and conditions of this Agreement, the Company shall be entitled to the use, possession, and quiet enjoyment of the Premises without hindrance or unreasonable disturbance from Vivint or any person or entity claiming by, through or
under Vivint. Vivint shall provide reasonable advanced written notice to the Company of any anticipated interruptions or disturbances to the Company’s use of the Premises or Vivint’s services hereunder. In the event of an emergency
affecting the Premises, Vivint shall provide prompt notice to the Company. The parties hereto acknowledge that the Premises are not separately demised from the remainder of the Building such that both Vivint and the Company may have physical access
to the Premises, and, accordingly, each party shall use commercially reasonable efforts to prevent its agents, employees or contractors from discovering or otherwise coming into contact with Confidential Information (as defined in the Master
Framework Agreement) of the other party. 
 (c) Services. As part of the full-service Sublease of the Premises, Vivint hereby agrees
to provide certain services to, for and on behalf of the Company, at no additional cost to the Company (collectively, the “Services”): 

(i) Use of all existing furniture, fixtures and equipment located in the Premises; 

(ii) Utility services, including (without limitation): electricity, sewer, and water; 

(iii) Lighting, power, heating, ventilation, and cooling systems and services; 

(iv) Parking, snow-removal, and parking-area maintenance services; 

(v) Safety and security services; 

(vi) Reception and conference room services; 

(vii) Facilities and facilities-support services, including (without limitation): operations, maintenance, and janitorial
services; and 
 (viii) Other such services as may be reasonably requested by the Company from time to time. 

3. Rent. 
 (a) Base
Rent. Commencing with the first full month following the date hereof, the Company shall pay to Vivint base rent for the Sublease and the Services equal to Fifty-Six Thousand Dollars ($56,000) per month (the “Base Rent”).

 (b) Additional Rent. All normal and routine expenses incurred by Vivint in connection with the provision of the Sublease or the
Services under this Agreement shall be paid by Vivint, with no separate claim for expense reimbursement allowed under this Agreement. 

  

					
		  	3	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (c) Payments. All payments of the Base Rent and any other rent owing by the Company to
Vivint hereunder shall be paid to Vivint on or before the fifth (5th) Business Day of each month throughout the Term. 
 4.
Term. 
 (a) Term. This Agreement shall commence on the Commencement Date and continue until September 30, 2014 (the
“Term”). Thereafter, this Agreement shall terminate automatically but may, with the written agreement of the parties not less than thirty (30) days prior to the end of the Term, be renewed for such additional parties as
the parties may agree. 
 (b) Holdover. In the event that the Company does not surrender the Premises upon the termination of this
Agreement, the Company shall pay Vivint holdover rent in an amount equal to one hundred fifty percent (150%) of the Base Rent payable under this Agreement. Base Rent payable for any such holdover period that is less than one (1) month
shall be a pro rata portion of the monthly installment based on the actual number of days in the month. 
 5. Representations and
Warranties. 
 (a) Authority. Each Party represents and warrants for itself, as of the date hereof, that: (i) it has the
full power, authority and legal right to execute and deliver, and to perform and observe the provisions of this Agreement; and (ii) this Agreement is, or will be when delivered, the legal, valid and binding obligation of such Party enforceable
against such Party in accordance with its terms and conditions (except to the extent that enforcement may be limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights).

 (b) Master Lease. Vivint represents and warrants as of the date hereof that the Master Lease is in full force and effect,
that Vivint is not in breach of or default under the Master Lease, that Vivint is not aware of any event or occurrence that with the passage of time or the giving of notice could constitute a breach of or default under the Master Lease and that to
Vivint’s knowledge Master Landlord is not in breach of or default under the Master Lease. 
 (c) Notice to Master Landlord.
Vivint represents and warrants as of the date hereof that it provided written notice to the Master Landlord concerning this Agreement as required pursuant to the Master Lease. 

6. Vivint’s Obligations. 

(a) Maintenance and Repairs. Vivint shall, at Vivint’s sole cost and expense, keep the Property, the Premises, and all equipment,
fixtures, and facilities therein in good order, condition and repair, including (without limitation): all plumbing, HVAC equipment, electrical, lighting, facilities, boilers, pressure vessels, walls, ceilings, floors, windows, doors, plate glass,
skylights, foundations, structural conditions, roofs, fire sprinkler systems, fire alarms, smoke detection systems, fire hydrants, parking lots, walkways, parkways, driveways, landscaping, fences, signs, and utility systems. 

  

					
		  	4	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (b) General Standards. In providing the Services and the Sublease, Vivint shall act in a
commercially reasonable manner, consistent with the level of Services provided to Vivint’s own employees in the Building, and with the degree of care, skill and attention that would be reasonably expected of a prudent party providing such
services and performing such duties on its own behalf. 
 7. The Company’s Obligations. 

(a) Permitted Use. The Company shall use the Premises solely for uses consistent with Class A commercial office building,
including (without limitation), a training center, call center, offices, and other related and ancillary uses. The Company shall not use the Premises for any other purpose without Vivint’s prior written approval, which shall not be unreasonably
withheld, conditioned or delayed. 
 (b) Alterations. The Company shall be permitted to make, at its sole cost and expense,
non-structural alterations and additions to the interior of the Premises without obtaining Vivint’s prior written consent. The Company shall not make any other alteration to the Premises or the Property without Vivint’s prior written
approval, which shall not be unreasonably withheld, conditioned or delayed. Within thirty (30) days after termination of this Agreement, and at the prior written request of Vivint, the Company (at its sole cost) shall remove any alterations
made by the Company after the Commencement Date and restore the Premises back to its original condition as of the Commencement Date. 
 (c)
Compliance with Master Lease. The Company acknowledges that it has received and reviewed a copy of the Master Lease. The Company hereby agrees to comply with all Rules and Regulations set forth on “Exhibit C” to the Master Lease
applicable to Vivint thereunder and shall not violate the Master Lease. Vivint shall perform all of its obligations under the Master Lease and shall not terminate the Master Lease or amend the Master Lease in a manner that could result in a
substantial interference with the Company’s use of the Premises, without the Company’s prior written consent. 
 (d)
Insurance. The Company shall maintain the liability insurance that Vivint is required to maintain as “tenant” under the Master Lease. The liability policy shall name Vivint and Master Landlord as an “additional insured”.

 (e) Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Vivint and the Company hereby release each
other, and their respective agents, employees, sublessees, and contractors, from all liability for damage to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by “all
risk” property insurance, without regard to the negligence or willful misconduct of the entity so released. 

  

					
		  	5	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 8. Defaults and Remedies. 

(a) Events of Default. Each of the following acts or omissions of any Party shall constitute an “Event of
Default”: 
 (i) Any failure or refusal by the Company to timely pay any Rent or any Party’s failure or
refusal to pay any amount required to be paid hereunder, or any portion thereof, within ten (10) Business Days written notice that such amount is overdue. 

(ii) Any failure by either Party to perform or observe any other covenant or condition of this Agreement if such failure
continues for a period of thirty (30) days following written notice to the defaulting Party concerning such failure; provided, however, that in the event such failure to perform or observe any covenant or condition of this
Agreement to be performed or observed by such defaulting Party cannot reasonably be cured within thirty (30) days following written notice, then such defaulting Party shall not be in default if it commences to cure within ten (10) Business
Days after receipt of written notice thereof and thereafter diligently prosecutes the curing thereof to completion. 
 (iii)
The filing or execution or occurrence of any one of the following: (i) a petition in bankruptcy or other insolvency proceeding by or against either Party; (ii) an assignment for the benefit of creditors by either Party; (iii) a
petition or other proceeding by or against either Party for the appointment of a trustee, receiver or liquidator of such Party or any of such Party’s property; or (iv) a proceeding by any governmental authority for the dissolution or
liquidation of either Party or any other instance whereby either Party shall cease doing business as a going concern, where such petition, assignment or proceeding is not dismissed within ninety (90) days after filing. 

The Parties hereto acknowledge and agree that all of the notice periods provided in this Section 8 are in lieu of, and not in addition to, the
notice requirements of any applicable law. 
 (b) Remedies. Upon the occurrence of any Event of Default, the non-defaulting Party
shall have, in addition to any other remedies available to such Party under applicable law or in equity, the option to pursue any one or more of the following remedies: (i) to cure the other Party’s default and offset the costs thereof
against any payments then owing, or to be owed in the future, under this Agreement; (ii) to abate all payments of Rent during the continuance of any Event of Default by Vivint; (iii) to find an reasonable alternative source for the
Services, and offset and deduct the cost therefor from any future Rents owing under the Agreement; (iv) to seek an injunction or similar equitable relief from a court of competent jurisdiction for those Events of Default where money damages
would be in adequate to restore or otherwise remedy the actions or inactions of the defaulting Party; and (v) to terminate this Agreement upon ten (10) days prior written notice. 

9. Indemnification. 
 (a)
By Vivint. Except to the extent directly caused by the negligence or willful misconduct of the Company, Vivint hereby agrees to defend, pay, indemnify, and hold the Company (and its affiliates, other than Vivint and all direct and indirect
subsidiaries of APX Parent Holdco, Inc.) harmless from and against any and all claims, demands, proceedings, judgments, and other liabilities of every kind, and all reasonable expenses incurred in investigation and resisting the same (including
reasonable attorneys’ fees), resulting from or in 

  

					
		  	6	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 
connection with the loss of life, bodily or personal injury, or property damage; (a) arising out of or in relation to any use of the Premises or the Property by Vivint or the Vivint
Affiliates; (b) occasioned wholly or in part through the use and occupancy of the Premises or the Property by Vivint or the Vivint Affiliates pursuant to, or in any way relating to or arising from, this Agreement or any improvements therein or
appurtenances thereto; or (c) occasioned by any negligent act or omission of Vivint or the Vivint Affiliates, in or about the Premises or in other areas of the Building or the Property, including those portions of the Property owned, leased,
subleased, or controlled by others. 
 (b) By the Company. Except to the extent directly caused by the negligence or willful
misconduct of Vivint, the Company hereby agrees to defend, pay, indemnify, and hold Vivint (and its affiliates, other than the Company and all direct and indirect subsidiaries of the Company) harmless from and against any and all claims, demands,
proceedings, judgments, and other liabilities of every kind, and all reasonable expenses incurred in investigation and resisting the same (including reasonable attorneys’ fees), resulting from or in connection with the loss of life, bodily or
personal injury, or property damage; (a) arising out of or in relation to any use of the Premises or the Property by the Company or the Company Affiliates; (b) occasioned wholly or in part through the use and occupancy of the Premises or
the Property by the Company or the Company Affiliates pursuant to, or in any way relating to or arising from, this Agreement or any improvements therein or appurtenances thereto; or (c) occasioned by any negligent act or omission of the Company
or the Company Affiliates, in or about the Premises or in other areas of the Building or the Property, including those portions of the Property owned, leased, subleased, or controlled by others. 

10. Limitation on Liability. NO CLAIM SHALL BE MADE BY ANY PARTY OR ANY OF ITS AFFILIATES, DIRECTORS, EMPLOYEES, REPRESENTATIVES,
ATTORNEYS OR AGENTS AGAINST ANY OTHER PARTY HERETO OR ANY OF ITS AFFILIATES, DIRECTORS, EMPLOYEES, REPRESENTATIVES, ATTORNEYS OR AGENTS FOR ANY SPECIAL, INDIRECT, EXEMPLARY, CONSEQUENTIAL OR PUNITIVE DAMAGES (WHETHER OR NOT THE CLAIM THEREFOR IS
BASED ON CONTRACT, TORT, DUTY IMPOSED BY LAW OR OTHERWISE), IN CONNECTION WITH, ARISING OUT OF OR IN ANY WAY RELATED TO THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY ACT OR OMISSION OR EVENT OCCURRING IN CONNECTION THEREWITH; AND EACH PARTY
HEREBY WAIVES, RELEASES, AND AGREES NOT TO SUE UPON ANY SUCH CLAIM FOR ANY SUCH SPECIAL, INDIRECT, EXEMPLARY, CONSEQUENTIAL OR PUNITIVE DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 

11. Miscellaneous. 
 (a)
Arms-Length. Each Party acknowledges and agrees that this Agreement is the product of an arm’s-length negotiation, without duress, coercion, or collusion, and shall be interpreted as an agreement between two parties of equal bargaining
strength. It is the Parties’ intention that this Agreement reflect the conditions which would be obtained between comparable, independent persons in substantially similar transactions (taking into account the relative responsibilities and risks
between the parties) and comparable circumstances (taking into account the location, market, and economic conditions), thereby providing the closest approximation of the workings of the open market. 

  

					
		  	7	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (b) Time is of the Essence. Each Party agrees and acknowledges that TIME IS OF THE ESSENCE
with respect to the time for performance of the terms and provisions of this Agreement. 
 (c) Entire Agreement. This Agreement
constitute the entire agreement among the Parties and supersede all prior oral and written negotiations, communications, discussions and correspondence pertaining to the subject matter hereof. No representation, statement, condition or warranty not
contained in this Agreement will be binding on the Parties or have any force or effect whatsoever. 
 (d) Amendments and Waivers.
This Agreement may only be amended or modified by an instrument in writing signed by all of the Parties. 
 (e) Binding Effect. This
Agreement shall be binding upon and inure to the benefit of the Parties and their respective heirs, legal representatives, successors, and permitted assigns. 

(f) Assignment. This Agreement shall not be assignable by any Party without the prior consent, which shall not be unreasonably
withheld, conditioned or delayed, of the other Party; provided that: (i) either Party may assign this Agreement in connection with a merger, consolidation, reorganization or the sale of all or substantially all of its stock or assets
without the prior consent of the other Party, and (ii) either Party may collaterally assign to its secured lenders without the consent of the other Party. The sale, transfer or issuance of a Party’s capital stock shall not be deemed an
assignment, subletting or any other transfer of this Agreement, the Premises or the Building. Any assignment in contravention of this Section 11(f) shall be void and unenforceable. 

(g) Notices. All notices, requests, demands, and other communications required or permitted to be given under this Agreement by any
Party shall be in writing delivered to the applicable Parties at the following address: 
 If to the Company: 

 

			
	VIVINT SOLAR, INC.
	4931 North 300 West
	Provo, Utah 84604
	Attention:	  	 Greg Butterfield
 Chief Executive
Officer

	E-Mail:	  	greg.butterfield@vivintsolar.com

 With copy to: 
  

			
	VIVINT SOLAR, INC.
	4931 North 300 West
	Provo, Utah 84604
	Attention:	  	Vivint Solar Legal Department
	E-Mail:	  	solarlegal@vivintsolar.com

  

					
		  	8	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 If to Vivint: 
  

			
	VIVINT, INC.
	4931 North 300 West
	Provo, Utah 84604
	Attention:	  	Alex Dunn, President
	E-Mail:	  	adunn@vivint.com

 With a copy to: 
  

			
	VIVINT, INC.
	4931 North 300 West
	Provo, Utah 84604
	Attention:	  	Nathan Wilcox, General Counsel
	E-Mail:	  	nwilcox@vivint.com

 or to such other address as any Party may designate from time to time by written notice to all other Parties. Each such
notice, request, demand, or other communication shall be deemed given and effective, as follows: (a) if sent by hand delivery, upon delivery; (b) if sent by first-class U.S. Mail, postage prepaid, upon the earlier to occur of receipt or
three (3) days after deposit in the U.S. Mail; (c) if sent by a recognized prepaid overnight courier service, one (1) day after the date it is given to such service; (d) if sent by facsimile, upon receipt of confirmation of
successful transmission by the facsimile machine; and (e) if sent by email, upon acknowledgement of receipt by the recipient. 
 (h)
Governing Law. The interpretation and enforceability of this Agreement and the rights and liabilities of the Parties hereto as such shall be governed by the laws of the State of Utah without giving effect to the principles of conflict of laws
thereof. 
 (i) Jurisdiction. Each Party hereto hereby irrevocably submits to the personal jurisdiction of any state or federal
courts sitting in the State of Utah, County of Salt Lake, in any suit, action or proceeding arising out of or relating to this Agreement. Each Party hereby irrevocably waives, to the fullest extent permitted by applicable law, any objection which
such Party may raise now, or hereafter have, to the laying of the venue of any such suit, action or proceeding brought in such a court and any claim that any such suit, action or proceeding brought in such a court has been brought in an inconvenient
forum. Each Party agrees that, to the fullest extent permitted by applicable law, a final judgment in any such suit, action, or proceeding brought in such a court shall be conclusive and binding upon such Party, and may be enforced in any court of
the jurisdiction in which such Party is or may be subject by a suit upon such judgment. Each Party further agrees that personal jurisdiction over it may be effected by service of process by certified mail addressed as provided in
Section 11(g) of this Agreement, and when so made shall be as if served upon it personally within the State of Utah. 

  

					
		  	9	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (j) WAIVER OF JURY TRIAL. EACH PARTY HEREBY WAIVES ITS RIGHTS TO A TRIAL BY JURY OF ANY
CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY OR PARTIES,
WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR OTHERWISE. EACH PARTY HEREBY AGREES THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT LIMITING THE FOREGOING, THE PARTIES FURTHER AGREE THAT THEIR
RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF THIS AGREEMENT OR ANY PROVISION HEREOF.
THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT. 
 (k) Attorneys’
Fees. In any suit, action, counterclaim, or arbitration brought relating to this Agreement or the breach or alleged breach hereof, the prevailing party shall be entitled to recover a reasonable allowance for attorneys’ fees and litigation
expenses. For purposes of this Section 11(k), “prevailing party” shall mean (i) a prevailing party in any litigation as determined by a court of competent jurisdiction; and (ii) a party who agrees to dismiss an action
or proceeding with prejudice upon the other’s payment of the sums allegedly due or performance of convents allegedly breached. 
 (l)
Severability. If any provision of this Agreement shall be held by a court of competent jurisdiction to be invalid, unenforceable, or void, such provision shall be enforced to the fullest extent permitted by applicable law, and the remainder
of this Agreement shall remain in full force and effect. In the event that the time period or scope of any provision is declared by a court of competent jurisdiction to exceed the maximum time period or scope that such court deems enforceable, then
such court shall reduce the time period or scope to the maximum time period or scope permitted by law. In the event that the geographic region or scope of any provision is declared by a court of competent jurisdiction to exceed the maximum
geographic region or scope that such court deems enforceable, then such court shall reduce the geographic region or scope to the maximum time period or scope permitted by law. 

(m) Survival. The provisions of Section 9 (Indemnification), Section 10 (Limitation on Liability) and
Section 11 (Miscellaneous) shall survive any termination or expiration of this Agreement. 
 (n) Confidentiality. The
disclosure and exchange of any Confidential Information (as defined in the Master Framework Agreement), including all financial information, between the parties will be governed solely by Section 4 of the Master Framework Agreement. 

(o) Specific Performance. The Parties agree that irreparable damage would occur if any provision of this Agreement were not performed
in accordance with its terms, and that the Parties will be entitled to seek specific performance of the terms of this Agreement, in addition to any other remedy to which they are entitled at law or in equity. 

  

					
		  	10	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 (p) Counterparts. This Agreement and any document related hereto or in connection herewith
may be executed by one or more of the Parties on any number of separate counterparts, by facsimile or email, and all of said counterparts taken together shall be deemed to constitute one and the same instrument; signature pages may be detached from
multiple separate counterparts and attached to a single counterpart so that all signatures are physically attached to the same document. A facsimile or portable document format (“pdf”) signature page shall constitute an original for
purposes hereof. 
 [SIGNATURE PAGES FOLLOW] 

  

					
		  	11	  	MORINDA SUBLEASE AGREEMENT
		  		  	Vivint Solar, Inc. & Vivint, Inc.

 IN WITNESS WHEREOF, the parties have executed this Full-Service Sublease Agreement as of the date
first written above. 
  

			
	THE COMPANY:
	
	 VIVINT SOLAR, INC.,
 a Delaware
corporation

		
	By:	 	  

	Name:	 	Greg Butterfield
	Title:	 	Chief Executive Officer

 [SIGNATURE PAGES CONTINUE ON FOLLOWING PAGE] 

 
			
	VIVINT:
	
	 VIVINT, INC.,
 a Utah
corporation

		
	By:	 	  

	Name:	 	Alex Dunn
	Title:	 	President

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