Exhibit 10.1
THIRD AMENDMENT TO RESTATED UNDERWRITING, CONTINUING
INDEMNITY, AND SECURITY AGREEMENT
THIS THIRD AMENDMENT TO RESTATED UNDERWRITING, CONTINUING INDEMNITY, AND
SECURITY AGREEMENT ("this Third Amendment") is entered into as of the 1st day of
May, 2007, by and among INTEGRATED ELECTRICAL SERVICES, INC., a Tennessee
corporation, and certain of its Affiliates and Subsidiaries identified on
Exhibit A, in their capacity as named Principal under any Bond (individually and
collectively "Principal"); and INTEGRATED ELECTRICAL SERVICES, INC., a Delaware
corporation, and certain of its Affiliates and Subsidiaries identified on
Exhibit B (along with Principal, individually and collectively "Indemnitors");
and FEDERAL INSURANCE COMPANY, an Indiana corporation, its Affiliates and
Subsidiaries and their respective co-sureties and reinsurers, and their
respective successors and permitted assigns (individually and collectively
"Surety"). All capitalized terms will have the meaning set out in Section 1.
W I T N E S S E T H:
WHEREAS, Indemnitors and Surety entered into that certain Restated
Underwriting, Continuing Indemnity, and Security Agreement dated as of May 12,
2006, as amended by First Amendment to Restated Underwriting, Continuing
Indemnity, and Security Agreement dated as of October 31, 2006, and Rider to Add
Principal/Indemnitor and Second Amendment to Restated Underwriting, Continuing
Indemnity, and Security Agreement dated as of December 28, 2006 (collectively
"the Agreement"), the terms of which are incorporated herein by this reference;
and
WHEREAS, the parties desire to enter into this Third Amendment for the
purpose of amending and modifying the Agreement, as set out in this Third
Amendment.
NOW, THEREFORE, in consideration of the foregoing premises and other
mutual considerations, the undersigned agree as follows:
1. Definitions. Unless otherwise specifically defined in this Third
Amendment, all capitalized terms will have the meaning set out in the Agreement.
2. Bonds; Conditions Precedent to all Bonds. The reference to an Eighty
Million Dollars ($80,000,000) limitation on Bonded Backlog is deleted from
paragraph (m) of Section 3 of the Agreement and replaced with a reference to One
Hundred Million Dollars ($100,000,000).
3. Security Interest; Obligations Secured. Subject to the provisions of
Section 4 of this Third Amendment regarding the payment of a facility fee, and
provided, that, no Event of Default has occurred Surety will return to
Indemnitors Five Million Dollars ($5,000,000) of the Existing Pledged
Collateral, which will be returned free and clear of all Liens. Other than the
Existing Pledged Collateral that is returned to Indemnitors by Surety, Surety
will retain its first priority Lien and security interest in all of the Existing
Pledged Collateral in the principal amount of Nine Million Two Hundred
Thirty-Eight Thousand Forty 17/100 Dollars ($9,238,040.17) (after payment of the
facility fee referred to in Section 4) (plus any interest and
earnings that accrue after May 30, 2007) as additional security for any and all
Surety Loss. Surety will also retain the Existing Letters of Credit. On May 31,
2007, the principal amount of the Existing Pledged Collateral that is retained
by Surety plus the aggregate face amount of the Existing Letters of Credit will
be equal to Thirty Million Two Hundred Thirty-Five Thousand Nine Hundred
Ninety-Five 67/100 Dollars ($30,235,995.67).
4. Facility Fee. In consideration of Surety's agreement to enter into this
Third Amendment, Indemnitors will pay to Surety a facility fee in the amount of
One Hundred Thousand Dollars ($100,000). The foregoing facility fee will be due
and payable on May 30, 2007, and it will be deducted by Surety from the Existing
Pledged Collateral.
5. Consent of Lender. Indemnitors will obtain the agreement of Bank of
America, N.A. to amend the existing Intercreditor Agreement to increase the
limitation on the aggregate penal amount of Bonds that may be issued per month
from and after June 1, 2006, to at least Twenty Million Dollars ($20,000,000)
per month.
6. Representations and Warranties of Indemnitors. Each Indemnitor
represents and warrants to Surety that all of the representations and warranties
made by Indemnitors in the Agreement (whether made as an Indemnitor or as a
Principal) and in this Third Amendment are true and correct as applicable to
such Principal or Indemnitor in all material respects, as of the date hereof
(except to the extent its representations and warranties specifically relate to
an earlier date).
7. Continuing Effect. Except as specifically set forth in this Third
Amendment, the Agreement remains in full force and effect as originally written.
8. Counterparts. This Third Amendment may be executed by the parties
independently in any number of counterparts, all of which together will
constitute but one and the same instrument which is valid and effective as if
all parties had executed the same counterpart.
IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment
as of the day and year first above written.
SURETY:
FEDERAL INSURANCE COMPANY
By: _________________________________
Its: _________________________________
2
PRINCIPAL:
INTEGRATED ELECTRICAL SERVICES, INC.
By: ____________________________________
Xxxx Xxxxxxx, Senior Vice President
ALADDIN XXXX ELECTRIC & AIR, INC.
AMBER ELECTRIC, INC.
ARC ELECTRIC, INCORPORATED
XXXXXXXXX ELECTRIC, INC.
XXXXXX ELECTRIC COMPANY, INC.
COMMERCIAL ELECTRICAL CONTRACTORS, INC.
CROSS STATE ELECTRIC, INC.
XXXXXX ELECTRICAL CONTRACTORS, INC.
XXXXX ELECTRICAL CONSTRUCTORS, INC.
ELECTRO-TECH, INC.
FEDERAL COMMUNICATIONS GROUP, INC.
XXXXXXXX XXXXXXXX ELECTRIC COMPANY
IES HOUSTON RESOURCES, INC.
XXXXXX ELECTRIC, INC.
XXXX XXXXXXXXX, INCORPORATED
XXXXXXXX ELECTRIC, INC.
MID-STATES ELECTRIC COMPANY, INC.
XXXXXXXX ELECTRIC COMPANY, INC.
XXXXXX ELECTRICAL CONTRACTORS, INC.
XXXXXXX ELECTRIC COMPANY, INC.
NEW TECHNOLOGY ELECTRICAL CONTRACTORS,
INC.
PAN AMERICAN ELECTRIC, INC.
XXXXXX ELECTRIC COMPANY, INC.
PRIMENET, INC.
PRIMO ELECTRIC COMPANY
XXXXXXX ELECTRIC COMPANY, INC.
RON'S ELECTRIC, INC.
XXXXXX XXXX & COMPANY
VALENTINE ELECTRICAL, INC.
By: ____________________________________
Xxxx Xxxxxxx
Vice President
3
BEXAR ELECTRIC COMPANY, LTD.
By: BW/BEC Inc., its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXXXXX ELECTRIC, LTD.
By: General Partner, Inc., its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXXXX-XXXXXXXX ELECTRICAL
CONTRACTORS LP
By: Xxxxxxx-Xxxxxxxx Management LLC, its
general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXX ELECTRIC LP
By: Xxxxx Management LLC
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXX ELECTRIC LP
By: BW/BEC Inc., its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
4
XXXXXX ELECTRIC LP
By: Xxxxxx Management LLC, its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
RIVIERA ELECTRIC, LLC
By: __________________________________________
Xxxx Xxxxxxx
Vice President
INDEMNITORS:
INTEGRATED ELECTRICAL SERVICES, INC.
By: __________________________________________
Xxxx Xxxxxxx, Senior Vice President
ALADDIN XXXX ELECTRIC & AIR, INC.
AMBER ELECTRIC, INC.
ARC ELECTRIC, INCORPORATED
XXXXXXXXX ELECTRIC, INC.
XXXXXX ELECTRIC COMPANY, INC.
COMMERCIAL ELECTRICAL CONTRACTORS, INC.
CROSS STATE ELECTRIC, INC.
XXXXXX ELECTRICAL CONTRACTORS, INC.
XXXXX ELECTRICAL CONSTRUCTORS, INC.
ELECTRO-TECH, INC.
FEDERAL COMMUNICATIONS GROUP, INC.
XXXXXXXX XXXXXXXX ELECTRIC COMPANY
IES HOUSTON RESOURCES, INC.
XXXXXX ELECTRIC, INC.
XXXX XXXXXXXXX, INCORPORATED
XXXXXXXX ELECTRIC, INC.
MID-STATES ELECTRIC COMPANY, INC.
XXXXXXXX ELECTRIC COMPANY, INC.
XXXXXX ELECTRICAL CONTRACTORS, INC.
XXXXXXX ELECTRIC COMPANY, INC.
NEW TECHNOLOGY ELECTRICAL CONTRACTORS,
INC.
5
PAN AMERICAN ELECTRIC, INC.
XXXXXX ELECTRIC COMPANY, INC.
PRIMENET, INC.
PRIMO ELECTRIC COMPANY
XXXXXXX ELECTRIC COMPANY, INC.
RON'S ELECTRIC, INC.
XXXXXX XXXX & COMPANY
VALENTINE ELECTRICAL, INC.
By: __________________________________________
Xxxx Xxxxxxx
Vice President
BEXAR ELECTRIC COMPANY, LTD.
By: BW/BEC Inc., its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXXXXX ELECTRIC, LTD.
By: General Partner, Inc., its general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXXXX-XXXXXXXX ELECTRICAL
CONTRACTORS LP
By: Xxxxxxx-Xxxxxxxx Management LLC, its
general partner
By: ______________________________________
Xxxx Xxxxxxx
Vice President
XXXXX ELECTRIC LP
By: Xxxxx Management LLC
By: ______________________________________
Xxxx Xxxxxxx
Vice President
6
XXXX ELECTRIC LP
By: BW/BEC Inc., its general partner
By: ____________________________________
Xxxx Xxxxxxx
Vice President
XXXXXX ELECTRIC LP
By: Xxxxxx Management LLC, its general partner
By: ____________________________________
Xxxx Xxxxxxx
Vice President
RIVIERA ELECTRIC, LLC
By: ____________________________________
Xxxx Xxxxxxx
Vice President
7
PRINCIPAL
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL PLACE OF
BUSINESS/CHIEF STATE OF
EXECUTIVE OFFICE TYPE OF FORMATION/ TAX I.D. TRADE NAME
PRINCIPAL (Six Months and Current) ENTITY REGISTRATION NUMBER (Past Six Months)
------------------------------------------------------------------------------------------------------------------------------------
Integrated Electrical 0000 Xxxx Xxxx Xxxxx, Xxxxxxxxxxx Delaware 00-0000000 IES
Services, Inc. Xxxxx 000
Xxxxxxx, Xxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Aladdin Xxxx Electric & Air, 0000 00xx Xxxxxx Xxxx Xxxxxxxxxxx Xxxxxxx 00-0000000 None
Inc. Xxxxxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Amber Electric, Inc. 000 Xxxxxxxxx Xxxxxx Corporation Florida 00-0000000 None
Xxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
ARC Electric, Incorporated 000 Xxxxxxxx Xxxxx Corporation Delaware 00-0000000 ARC Electric
Xxxxx 000
Xxxxxxxxxx, Xxxxxxxx 00000 PrimeNet
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxxx Electric, Inc. 00000 XX Xxxxxxx Xxxx, Corporation Delaware 00-0000000 None
Xxxxx 000
Xxxxxxxxx, Xxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Bexar Electric Company, 0000 XX 00 Xxxx Xxxxxxx Xxxxx 00-0000000 Bexar Electric Company
Ltd. Xxx Xxxxxxx, Xxxxx 00000 Partnership
Galbraith Electric
Bexar Communications
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric Company, Inc. 000 Xxxxxxx Xxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxx 00-0000000 None
Xxxxxxxx, Xxxxx Xxxxxxxx
00000-0000
------------------------------------------------------------------------------------------------------------------------------------
Commercial Electrical 000 Xxxxxxxx Xxxxxx Corporation Delaware 00-0000000 Commercial
Contractors, Inc. Worcester, Massachusetts Communications
01607
Advantage Controls
------------------------------------------------------------------------------------------------------------------------------------
Cross State Electric, Inc. 0000 Xxxxxxxx Xxxxxx Corporation California 00-0000000 None
Xxxxxx, Xxxxxxxxxx 00000-
5419
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electrical Contractors, 0000 XX 00xx Xxxxxx Xxxxxxxxxxx Xxxxxxx 00-0000000 Xxxxxx Electrical
Inc. Xxxxx, Xxxxxxx 00000
Xxxxxx Electrical
of West Palm Beach
Xxxxxx Electrical -
Treasure Coast
East Coast Electric
Xxxxxxx Electric
Xxxxxxx-Xxxxxx
Electric
------------------------------------------------------------------------------------------------------------------------------------
EXHIBIT A
------------------------------------------------------------------------------------------------------------------------------------
Xxxxx Electrical 000 X. Xxxx Xxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxx 00-0000000 Xxxxx International,
Constructors, Inc. Greenville, South Carolina a division of Xxxxx
29601 Electrical
Constructors, Inc.
Xxxxx Constructors
------------------------------------------------------------------------------------------------------------------------------------
Electro-Tech, Inc. 0000 Xxxxx Xxxxxx Xxxxx Corporation Nevada 00-0000000 Electro-Tech of
Xxxxxx, Xxxxxx 00000-0000 Nevada
------------------------------------------------------------------------------------------------------------------------------------
Federal Communications 2328 West Huntington Corporation Delaware 00-0000000 Apex Tele-
Group, Inc. Drive Communications
Xxxxx, Xxxxxxx 00000 Training Solutions
------------------------------------------------------------------------------------------------------------------------------------
Hatfield Xxxxxxxx Electric 000 Xxxx Xxxx Xxxxxx Corporation Arizona 00-0000000 Xxxxxxxx Xxxxxxxx
Company Road, Electric
Xxxxx 0
Xxxxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric, Ltd. 0000 0xx Xxxxxx Xxxxx Xxxxxxx Xxxxxxx 00-0000000 None
Birmingham, Alabama Partnership
35233-2902
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx-Xxxxxxxx Electrical 00000 Xxxx Xxxxxx Limited Texas 00-0000000 Houston Stafford
Contractors LP Xxxxxxxx, Xxxxx 00000 Partnership Electric
HSE Electrical
Contractors
HSE Alarm Systems
HSE Special Systems
Xxxxxx-Xxxxxxxx Electric
Copious Technologies
HSE Electrical Services
------------------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------------
IES Houston Resources, Inc. 0000 Xxxxxxxxxx Xxxx Corporation Delaware 00-0000000 Xxxx Electric
Xxxxxxx, Xxxxx 00000
IES Mutifamily
Resources
X.X. Xxxx Electrical
Contractors, LP
X.X. Xxxx Holdings
II LLC
X.X. Xxxx Electric
Company, Inc.
Xxxxxxx Summit
Electric XX
Xxxxxxx Summit
Holdings II LLC
Xxxxxxx Summit
Electric
SecurePro Alarm
Systems
Summit Electric of
Texas, Inc.
Tesla Power and
Automation L.P.
Tesla Power
(Nevada) II LLC
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric, Inc. 000 Xxxxx Xxxxxxx Xxxxxx Corporation Nebraska 00-0000000 None
Xxxxxxxx, Xxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxx Xxxxxxxxx, 0000 Xxxxxxxxxx Xxxx Xxxxx Corporation Delaware 00-0000000 Xxxx Xxxxxxxxx
Incorporated Xxxxxxx, Xxxxxxx 00000-
4040
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric, Inc. 000 Xxxx 0xx Xxxxxx Corporation Delaware 00-0000000 None
Xxxxx, Xxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Mid-States Electric 000 Xxxxx Xxxxxxx Xxxxx Corporation Delaware 00-0000000 None
Company, Inc. Xxxxxxx, Xxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxx Electric LP 0000 Xxxxxx Xxxx Xxxx Xxxxxxx Xxxxx 00-0000000 Xxxxx Electrical
Xxxxxx, Xxxxx 00000 Partnership Contractors
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric Company, 0000 Xxxxx 000xx Xxxxxx Corporation Arizona 00-0000000 None
Inc. Xxxxxxxx, Xxxxxxx 00000-
2800
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electrical 2250 Aviation Drive Corporation Delaware 00-0000000 None
Contractors, Inc. Xxxxxxxx, Xxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
3
------------------------------------------------------------------------------------------------------------------------------------
Xxxx Electric LP 0000 Xxxxxxx Xxxx Xxxxxxx Xxxxx 00-0000000 None
Building 0 Xxxxxxxxxxx
Xxxxx Xxxx, Xxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx Electric Company, 0000 Xxxxxxxxxx Xxxxxx Corporation Delaware 00-0000000 None
Inc. Xxxxxxx, Xxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
New Technology Electrical 00000 XX Xxxxxxx Xxxx Corporation Delaware 00-0000000 New Tech Electric
Contractors, Inc. Xxxxx 000
Xxxxxxxxx, Xxxxxx 00000- New Tech Services
5611
Data Tech Communications
Xxxxxxxxx
Electric-Oregon
Xxxxxxxxx Datacomm, Inc.
------------------------------------------------------------------------------------------------------------------------------------
Pan American Electric, Inc. 1300 Fort Xxxxxx Boulevard Corporation Tennessee 00-0000000 None
Xxxxxxxxx, Xxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric Company, Inc. 0000 Xxxxxxxx Xxxxxxxx Corporation Delaware 00-0000000 Xxxxxx Electric
Xxxxxxxx, Xxxxxxxx 00000
Xxxxx Electric
Xxxxx Electric
T&O Controls
------------------------------------------------------------------------------------------------------------------------------------
PrimeNet, Inc. 000 Xxxxxx Xxxxxx XX Corporation Delaware 00-0000000 None
Xxxx Xxxxxx, Xxxxxxxx
00000
------------------------------------------------------------------------------------------------------------------------------------
Primo Electric Company 000 Xxxxxx Xxxxxx XX Corporation Delaware 00-0000000 B&D Electric, Inc.
Xxxx Xxxxxx, Xxxxxxxx
00000 PrimeNet
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric LP 0000 Xxxxxx Xxxx Xxxx Xxxxxxx Xxxxx 00-0000000 Xxxxxx Electrical
Xxxxxx, Xxxxx 00000 Partnership Contractors
------------------------------------------------------------------------------------------------------------------------------------
Riviera Electric, LLC 5001 South Zuni Limited Delaware 00-0000000 Riviera Electric
Xxxxxxxxx, Xxxxxxxx 00000 Liability
Company
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx Electric Company, 0000 Xxxx Xxxxxx Xxxx Xxxxxxxxxxx Xxxxxxxxxx 00-0000000 None
Inc. Drive
Xxxxxxx, Xxxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Ron's Electric, Inc. 0000 Xxxxxx Xxxxxx Corporation Delaware 00-0000000 IES-North Plains
Xxxxx Xxxxx, Xxxxx Xxxxxx
00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Xxxx & Company 10152 International Blvd. Corporation Ohio 00-0000000 None
Xxxxxxxxxx, Xxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Valentine Electrical, Inc. 000 Xxxxx Xxxxxxxx Xxxxx Corporation Delaware 00-0000000 Valentine
Xxxxxxx, Xxxxxxxx 00000 Communications
------------------------------------------------------------------------------------------------------------------------------------
4
INDEMNITORS
------------------------------------------------------------------------------------------------------------------------------------
PRINCIPAL PLACE OF
BUSINESS/CHIEF STATE OF
EXECUTIVE OFFICE TYPE OF FORMATION/ TAX I.D. TRADE NAME
INDEMNITOR (Six Months and Current) ENTITY REGISTRATION NUMBER (Past Six Months)
------------------------------------------------------------------------------------------------------------------------------------
Integrated Electrical 0000 Xxxx Xxxx Xxxxx, Xxxxxxxxxxx Delaware 00-0000000 IES
Services, Inc. Xxxxx 000
Xxxxxxx, Xxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Aladdin Xxxx Electric & Air, 0000 00xx Xxxxxx Xxxx Xxxxxxxxxxx Xxxxxxx 00-0000000 None
Inc. Xxxxxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Amber Electric, Inc. 000 Xxxxxxxxx Xxxxxx Corporation Florida 00-0000000 None
Xxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
ARC Electric, Incorporated 000 Xxxxxxxx Xxxxx Corporation Delaware 00-0000000 ARC Electric
Xxxxx 000
Xxxxxxxxxx, Xxxxxxxx 00000 PrimeNet
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxxx Electric, Inc. 00000 XX Xxxxxxx Xxxx, Corporation Delaware 00-0000000 None
Xxxxx 000
Xxxxxxxxx, Xxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Bexar Electric Company, 0000 XX 00 Xxxx Xxxxxxx Xxxxx 00-0000000 Bexar Electric
Ltd. Xxx Xxxxxxx, Xxxxx 00000 Partnership Company
Galbraith Electric
Bexar Communications
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric Company, 000 Xxxxxxx Xxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxx 00-0000000 None
Inc. Xxxxxxxx, Xxxxx Xxxxxxxx
00000-0000
------------------------------------------------------------------------------------------------------------------------------------
Commercial Electrical 000 Xxxxxxxx Xxxxxx Corporation Delaware 00-0000000 Commercial
Contractors, Inc. Worcester, Massachusetts Communications
01607
Advantage Controls
------------------------------------------------------------------------------------------------------------------------------------
Cross State Electric, Inc. 0000 Xxxxxxxx Xxxxxx Corporation California 00-0000000 None
Xxxxxx, Xxxxxxxxxx 00000-0000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electrical Contractors, 0000 XX 00xx Xxxxxx Xxxxxxxxxxx Xxxxxxx 00-0000000 Xxxxxx Electrical
Inc. Xxxxx, Xxxxxxx 00000
Xxxxxx Electrical of
West Palm Beach
Xxxxxx Electrical -
Treasure Coast
East Coast Electric
Xxxxxxx Electric
Xxxxxxx-Xxxxxx
Electric
------------------------------------------------------------------------------------------------------------------------------------
EXHIBIT B
------------------------------------------------------------------------------------------------------------------------------------
Xxxxx Electrical 000 X. Xxxx Xxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxx 00-0000000 Xxxxx International,
Constructors, Inc. Greenville, South Carolina a division of Xxxxx
29601 Electrical
Constructors, Inc.
Xxxxx Constructors
------------------------------------------------------------------------------------------------------------------------------------
Electro-Tech, Inc. 0000 Xxxxx Xxxxxx Xxxxx Corporation Nevada 00-0000000 Electro-Tech of
Xxxxxx, Xxxxxx 00000-0000 Nevada
------------------------------------------------------------------------------------------------------------------------------------
Federal Communications 0000 Xxxx Xxxxxxxxxx Xxxxx Corporation Delaware 00-0000000 Apex Tele-
Group, Inc. Xxxxx, Xxxxxxx 00000 Communications
Training Solutions
------------------------------------------------------------------------------------------------------------------------------------
Hatfield Xxxxxxxx Electric 000 Xxxx Xxxx Xxxxxx Corporation Arizona 00-0000000 Xxxxxxxx Xxxxxxxx
Company Road, Electric
Xxxxx 0
Xxxxxxx, Xxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric, Ltd. 0000 0xx Xxxxxx Xxxxx Xxxxxxx Xxxxxxx 00-0000000 None
Birmingham, Alabama Partnership
35233-2902
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx-Xxxxxxxx Electrical 00000 Xxxx Xxxxxx Limited Texas 00-0000000 Houston Xxxxxxxx
Contractors LP Xxxxxxxx, Xxxxx 00000 Partnership Electric
HSE Electrical
Contractors
HSE Alarm
Systems
HSE Special
Systems
Xxxxxx-Xxxxxxxx
Electric
Copious
Technologies
HSE Electrical
Services
------------------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------------
IES Houston Resources, Inc. 0000 Xxxxxxxxxx Xxxx Corporation Delaware 00-0000000 Xxxx Electrick
Xxxxxxx, Xxxxx 00000
IES Multifamily
Resources
X.X. Xxxx Electrical
Contractors, XX
Xxxxxxx Summit
Electric XX
Xxxxxxx Summit
Electric
SecurePro Alarm
Systems
Tesla Power and
Automation L.P.
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric, Inc. 000 Xxxxx Xxxxxxx Xxxxxx Corporation Nebraska 00-0000000 None
Xxxxxxxx, Xxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxx Xxxxxxxxx, 0000 Xxxxxxxxxx Xxxx Xxxxx Corporation Delaware 00-0000000 Xxxx Xxxxxxxxx
Incorporated Xxxxxxx, Xxxxxxx 00000-
4040
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric, Inc. 000 Xxxx 0xx Xxxxxx Corporation Delaware 00-0000000 None
Xxxxx, Xxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Mid-States Electric 000 Xxxxx Xxxxxxx Xxxxx Corporation Delaware 00-0000000 None
Company, Inc. Xxxxxxx, Xxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxx Electric LP 0000 Xxxxxx Xxxx Xxxx Xxxxxxx Xxxxx 00-0000000 Xxxxx Electrical
Xxxxxx, Xxxxx 00000 Partnership Contractors
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxxx Electric Company, 0000 Xxxxx 000xx Xxxxxx Corporation Arizona 00-0000000 None
Inc. Xxxxxxxx, Xxxxxxx 00000-0000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electrical 0000 Xxxxxxxx Xxxxx Corporation Delaware 00-0000000 None
Contractors, Inc. Xxxxxxxx, Xxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxx Electric LP 0000 Xxxxxxx Xxxx Xxxxxxx Xxxxx 00-0000000 None
Building 0 Xxxxxxxxxxx
Xxxxx Xxxx, Xxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx Electric Company, 0000 Xxxxxxxxxx Xxxxxx Corporation Delaware 00-0000000 None
Inc. Xxxxxxx, Xxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
New Technology Electrical 00000 XX Xxxxxxx Xxxx Corporation Delaware 00-0000000 New Tech Electric
Contractors, Inc. Xxxxx 000
Xxxxxxxxx, Xxxxxx 00000-0000 New Tech Services
Data Tech
Communications
Xxxxxxxxx Electric-
Oregon
Xxxxxxxxx Datacomm, Inc.
------------------------------------------------------------------------------------------------------------------------------------
3
------------------------------------------------------------------------------------------------------------------------------------
Pan American Electric, Inc. 1300 Fort Xxxxxx Boulevard Corporation Tennessee 00-0000000 None
Xxxxxxxxx, Xxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric Company, Inc. 0000 Xxxxxxxx Xxxxxxxx Corporation Delaware 00-0000000 Xxxxxx Electric
Xxxxxxxx, Xxxxxxxx 00000
Xxxxx Electric
Xxxxx Electric
T&O Controls
------------------------------------------------------------------------------------------------------------------------------------
PrimeNet, Inc. 000 Xxxxxx Xxxxxx XX Corporation Delaware 00-0000000 None
Xxxx Xxxxxx, Xxxxxxxx
00000
------------------------------------------------------------------------------------------------------------------------------------
Primo Electric Company 000 Xxxxxx Xxxxxx XX Corporation Delaware 00-0000000 B&D Electric, Inc.
Xxxx Xxxxxx, Xxxxxxxx
00000 PrimeNet
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Electric LP 0000 Xxxxxx Xxxx Xxxx Xxxxxxx Xxxxx 00-0000000 Xxxxxx Electrical
Xxxxxx, Xxxxx 00000 Partnership Contractors
------------------------------------------------------------------------------------------------------------------------------------
Riviera Electric, LLC 5001 South Zuni Limited Delaware 00-0000000 Riviera Electric
Xxxxxxxxx, Xxxxxxxx 00000 Liability
Company
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxxx Electric Company, 0000 Xxxx Xxxxxx Xxxx Xxxxxxxxxxx Xxxxxxxxxx 00-0000000 None
Inc. Drive
Xxxxxxx, Xxxxxxxxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Ron's Electric, Inc. 0000 Xxxxxx Xxxxxx Corporation Delaware 00-0000000 IES-North Plains
Xxxxx Xxxxx, Xxxxx Xxxxxx
00000
------------------------------------------------------------------------------------------------------------------------------------
Xxxxxx Xxxx & Company 10152 International Blvd. Corporation Ohio 00-0000000 None
Xxxxxxxxxx, Xxxx 00000
------------------------------------------------------------------------------------------------------------------------------------
Valentine Electrical, Inc. 000 Xxxxx Xxxxxxxx Xxxxx Corporation Delaware 00-0000000 Valentine
Xxxxxxx, Xxxxxxxx 00000 Communications
------------------------------------------------------------------------------------------------------------------------------------
4
