Ideal Power Converters, Inc. AMENDMENT No. 2 to INVESTMENT UNITInvestment Unit • September 18th, 2013 • Ideal Power Inc. • Electrical industrial apparatus
This Amendment No. 2 to Investment Unit (this "Amendment") has been entered into between Ideal Power Converters, Inc., a Texas corporation (the "Company"), and the State of Texas, acting by and through the Office of the Governor, Economic Development and Tourism , together with its nominees or assigns (the "OOGEDT"), in order to amend the Investment Unit issued by the Compan y to the OOGEDT as of October 1, 2010 and amended on May 20, 2011, (the "Unit") in connection with the Texas Emerging Technology Fund Award and Security Agreement ("Fund Agreement"). All capitalized terms used herein but not otherwi se defined herein shall have the meanings given to them in the Unit or its related Fund Agreement.
