ADDITIONAL CONTRIBUTION AGREEMENT
EXHIBIT 10.3
THIS CONTRIBUTION AGREEMENT (this “Agreement”), dated as of October 5, 2010, is by and
between Pegasus Partners IV, L.P., a Delaware limited partnership (“Investor”), and LSGC
Holdings LLC, a Delaware limited liability company (the “Company”).
WHEREAS, Investor is a Member of the Company and previously contributed cash and property to
the Company valued at $122,503,108;
WHEREAS, Investor wishes to effect an additional contribution to the Company of $1,000,000 in
cash (the “Contribution”); and
WHEREAS, the Company wishes to accept the Contribution and in consideration therefor credit
Investor’s capital account with a capital contribution equal to $1,000,000.
NOW THEREFORE, in consideration of the mutual promises, covenants and agreements contained
herein and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto agree as follows:
1. Contribution.
As of the date hereof:
(a) Investor shall contribute, transfer, assign, convey and deliver to the Company, as a
contribution to capital, the Contribution; and
(b) the Company shall accept the Contribution and immediately thereafter shall credit
Investor’s capital account with a capital contribution equal to $1,000,000.
2. Miscellaneous
(a) This Agreement constitutes the entire Agreement and supersedes all prior agreements and
understandings, whether oral or written, among the parties hereto with respect to the subject
matter hereof.
(b) This Agreement shall inure to the benefit of and be binding upon the parties hereto and
their successors and assigns.
(c) This Agreement may be executed in any number of counterparts, each of which shall, when
executed, be deemed to be an original and all of which shall be deemed to be one and the same
instrument.
(d) This Agreement shall be governed by and construed and enforced in accordance with the laws
of the state of Delaware, without reference to the conflict of laws principles thereof.
[Signature Page To Follow]
IN WITNESS WHEREOF, the undersigned have duly executed this Agreement effective as of the date
first written above.
| COMPANY | ||||||
| LSGC HOLDINGS LLC | ||||||
| By: Pegasus Partners IV, L.P., its managing member | ||||||
| By: Pegasus Investors IV, L.P., its general partner | ||||||
| By: Pegasus Investors IV GP, L.L.C., its general partner | ||||||
| By: | /s/ Xxxxxxx Xxxxxxxx | |||||
| Title: Vice President | ||||||
| INVESTOR | ||||||
| PEGASUS PARTNERS IV, L.P. | ||||||
| By: Pegasus Investors IV, L.P., its general partner | ||||||
| By: Pegasus Investors IV GP, L.L.C., its general partner | ||||||
| By: | /s/ Xxxxxxx Xxxxxxxx | |||||
| Title: Vice President | ||||||
Signature Page to LSGC Holdings LLC Additional Contribution Agreement
