FIRST AMENDMENT OF AMENDED AND RESTATED SUBORDINATED CONVERTIBLE LOAN FACILITYAND SECURITY AGREEMENTFacilityand Security Agreement • March 28th, 2012 • Enphase Energy, Inc. • Semiconductors & related devices
This FIRST AMENDMENT OF AMENDED AND RESTATED SUBORDINATED CONVERTIBLE LOAN FACILITY AND SECURITY AGREEMENT (this “Amendment”) is entered into as of March 27, 2012 by and among Enphase Energy, Inc., a Delaware corporation (“Borrower”), KPCB Holdings, Inc., as nominee, a California corporation (“KPCB”), as a Lender under the Amended and Restated Subordinated Convertible Loan Facility and Security Agreement dated as of November 16, 2011 (the “Agreement”) and in its capacity as Agent on behalf of the Lenders thereunder, and the other Persons named therein (together with KPCB, referred to herein individually as a “Lender” and collectively as the “Lenders”).
