ACKNOWLEDGEMENT AND REAFFIRMATION OF SUBORDINATION AGREEMENTAcknowledgement and Reaffirmation • March 8th, 2012 • World Energy Solutions, Inc. • Services-business services, nec
Contract Type FiledMarch 8th, 2012 Company IndustryThis Acknowledgement and Reaffirmation of Subordination Agreement (this “Acknowledgment”), dated as of March __, 2012 is entered into by (i) NORTHEAST ENERGY SOLUTIONS, LLC, a Connecticut limited liability company (“Creditor”), (ii) SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at 275 Grove Street, Suite 2-200, Newton, Massachusetts 02466 (“Bank”) and (iii) WORLD ENERGY SOLUTIONS, INC., a Delaware corporation (“World Energy”), with offices located at 446 Main Street, Worcester, Massachusetts 01608, and WORLD ENERGY SECURITIES CORP., a Massachusetts securities corporation with offices located at 446 Main Street, Worcester, Massachusetts 01608 (together with World Energy, individually and collectively, jointly and severally, the “Borrower”).