Re: Membership Unit Purchase AgreementMembership Unit Purchase Agreement • December 14th, 2021 • Orbital Energy Group, Inc. • Wholesale-electronic parts & equipment, nec • Texas
WHEREAS, reference is hereby made to that certain Membership Unit Purchase Agreement, dated as of November 17, 2021 (the “Purchase Agreement”), by and among Orbital Energy Group, Inc., a Colorado corporation (“Orbital”), Kurt A. Johnson, Jr. (“Johnson”), and Tidal Power Group LLC, a Texas limited liability company (“Tidal”), in respect of the purchase by Orbital of all of the equity interests of Front Line Power Construction, LLC (the “Company”), a Texas limited liability company (the “Transaction”). This Letter Agreement is being entered into by and between Orbital and Johnson to amend and govern the amount of the Purchase Price allocable to the Closing Note delivered to Johnson pursuant to the Purchase Agreement. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Purchase Agreement;
