EXPORT-IMPORT BANK OF THE UNITED STATES WORKING CAPITAL GUARANTEE PROGRAM BORROWER AGREEMENTBorrower Agreement • March 31st, 2017 • Northern Power Systems Corp. • Engines & turbines
THIS BORROWER AGREEMENT (this “Agreement”) is made and entered into by the entity identified as Borrower on the signature page hereof (“Borrower”) in favor of the Export-Import Bank of the United States (“Ex-Im Bank”) and the institution identified as Lender on the signature page hereof (“Lender”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2017 • Northern Power Systems Corp. • Engines & turbines • Vermont
THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated October 5, 2016, effective as of two weeks from signing the Agreement (the “Effective Date”), by and between Northern Power Systems, Inc., a Delaware corporation (the “Company”) and June M. Morris (“Employee”), sets forth the terms and conditions of Employee’s employment with the Company.
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 31st, 2017 • Northern Power Systems Corp. • Engines & turbines • New York
This Asset Purchase Agreement (this “Agreement”) is entered into as of October 26, 2016 (“Effective Date”), by and between: (i) WEG Electric Corp., a corporation incorporated and existing under the laws of the State of Georgia. U.S.A., with its principal office at 6655 Sugarloaf Parkway, Duluth, GA 30097, U.S.A. (“WEC”); (ii) WEG Equipamentos Eletricos S.A., a company incorporated and existing under the laws of Brazil, with its principal office at Av. Prefeito Waldemar Grubba, 3000. Jaragua do Sul, SC, 89256-900. Brazil (“WEG”), and (iii) Northern Power Systems, Inc., a company incorporated and existing under the laws of the State of Delaware, U.S.A., with its principal office at 29 Pitman Road, Barre, Vermont 05641, U.S.A. (“NPS”), WEC and WEG are referred herein collectively as the “WEG Group”, and WEG, WEC and NPS are referred to herein collcctively as the “Parties” and individually as a “Party.”
AMENDMENT NO. 2 TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 31st, 2017 • Northern Power Systems Corp. • Engines & turbines • California
This Amendment No. 2 to Amended and Restated Loan and Security Agreement (“Amendment”) is made on April 30, 2015 (“First Amendment Effective Date”) between NORTHERN POWER SYSTEMS, INC., a Delaware corporation (“Borrower”) and COMERICA BANK, a Texas banking association (“Bank”).
AMENDMENT NO. 2 TO MASTER REVOLVING NOTENorthern Power Systems Corp. • March 31st, 2017 • Engines & turbines
This Amendment No. 2 to Master Revolving Note (“Amendment”) dated as of September 30, 2016, is made between Northern Power Systems, Inc. a Delaware corporation (“Borrower”) and Comerica Bank, a Texas banking association (“Bank”) in order to amend the terms of the $6,000,000.00 Master Revolving Note dated June 30, 2014, made by Borrower to Bank (the “Note”).
First Amendment to the Technological Know-How Transfer Agreement for NPS 2.X by and between WEG Equipamentos Elétricos S.A. and Northern Power Systems, Inc. Jaraguá do Sul (Brazil), October 26, 2016.Northern Power Systems Corp. • March 31st, 2017 • Engines & turbines
This First Amendment to the Technological Know-How Transfer Agreement for NPS 2.X (this “Amendment”) is made and entered into this 26th day of October, 2016, by and between WEG Equipamentos Elétricos S.A., a company incorporated and existing under the laws of Brazil (“WEG”), with its principal office at Av. Prefeito Waldemar Grubba, 3000, Jaragua do Sul, SC, 89256-900, Brazil, and Northern Power Systems, Inc., a company incorporated and existing under the laws of the State of Delaware, U.S.A. (“NPS”), with its principal office at 29 Pitman Road, Barre, Vermont 05641 U.S.A. WEG and NPS are referred to herein collectively as the “Parties” and individually as a “Party”.
