AGREEMENT TO TERMINATE EARNOUT PAYMENTSAgreement to Terminate Earnout Payments • January 16th, 2018 • Spark Energy, Inc. • Electric & other services combined
This Agreement to Terminate Earnout Payments (the “Agreement”) amends the Membership Interest and Stock Purchase Agreement dated as of May 5, 2017 (the “Purchase Agreement”), and is entered into as of January 12, 2018 by and among CenStar Energy Corp., a New York corporation (“Buyer”), Spark Energy, Inc., a Delaware corporation, as Guarantor (“Guarantor”), Woden Holdings, LLC (fka Verde Energy USA Holdings, LLC), a Delaware limited liability company (“Seller”), Verde Energy USA, Inc., a Delaware corporation, and, only for purposes of Sections 4 and 9 hereof, Thomas FitzGerald (“FitzGerald”), an individual residing in the State of Texas, and Anthony Menchaca (“Menchaca” and, together with FitzGerald, the “Executives”), an individual residing in the State of Connecticut.
