SUBORDINATION AGREEMENTSubordination Agreement • January 6th, 2014 • World Energy Solutions, Inc. • Services-business services, nec
THIS SUBORDINATION AGREEMENT is entered into among WORLD ENERGY SOLUTIONS, INC., a Delaware corporation, (“Borrower”), whose address is 446 Main Street, Worcester, Massachusetts 01608; Commerce Bank & Trust Company (“Lender”), a Massachusetts banking corporation whose address is 386 Main Street, Worcester, Massachusetts 01608; and Massachusetts Capital Resource Company (“Creditor”), whose address is 420 Boylston Street, Boston, Massachusetts 02116. As of the date of this Agreement, Borrower is or will be indebted to Creditor and Lender. Borrower and Creditor each want Lender to provide financial accommodations to Borrower in the form of (a) new credit or loan advances, (b) an extension of time to pay or other compromises regarding all or part of Borrower’s present indebtedness to Lender, or (c) other benefits to Borrower. Borrower and Creditor each represent and acknowledge to Lender that Creditor will benefit as a result of these financial accommodations from Lender to Borrower, and C
TERM NOTETerm Note • January 6th, 2014 • World Energy Solutions, Inc. • Services-business services, nec
FOR VALUE RECEIVED, the undersigned, WORLD ENERGY SOLUTIONS, INC., a Delaware corporation with its principal place of business at 100 Front Street, 20th Floor, Worcester, Massachusetts 01608 (the “Borrower”), hereby promises to pay to
REVOLVING CREDIT NOTERevolving Credit Note • January 6th, 2014 • World Energy Solutions, Inc. • Services-business services, nec
FOR VALUE RECEIVED, the undersigned, WORLD ENERGY SOLUTIONS, INC., a Delaware corporation with its principal place of business at 100 Front Street, 20th Floor, Worcester, Massachusetts 01608 (the “Borrower”), hereby promises to pay to
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 6th, 2014 • World Energy Solutions, Inc. • Services-business services, nec • Massachusetts
THIS LOAN AND SECURITY AGREEMENT dated as of December 30, 2013 is by and between WORLD ENERGY SOLUTIONS, INC., a Delaware corporation with its principal place of business at 100 Front Street, 20th Floor, Worcester, Massachusetts 01608 (the “Borrower”) and COMMERCE BANK & TRUST COMPANY, a Massachusetts banking corporation with an office at 386 Main Street, Worcester, Massachusetts 01608 (the “Lender”).
