Agreement of Clarification Sample Contracts

AGREEMENT OF CLARIFICATION

Agreement of Clarification • February 26th, 2009 • Telkonet Inc • Communications services, nec

• Contract Type
  Agreement of Clarification
• Filed
  February 26th, 2009
• Company
  Telkonet Inc
• Industry
  Communications services, nec

THIS AGREEMENT OF CLARIFICATION, dated of as February 20, 2009, is by and between TELKONET, INC., a Utah corporation (the “Company”), and YA GLOBAL INVESTMENTS, L.P. (“YA Global”). All capitalized terms used herein shall have the respective meanings assigned thereto in the Debentures (as defined below) unless otherwise defined herein.