Side LetterLoan Guaranty Side Letter • November 5th, 2015 • Envision Solar International, Inc. • Semiconductors & related devices • California
This Loan Guaranty Side Letter (this "Agreement") is made as of October 30, 2015 (the "Effective Date") hereby confirms that, in consideration of the guarantee by Keshif Ventures, LLC (the "Guarantor") pursuant to that certain Master Unconditional Limited Guaranty, dated as of August 5, 2015 (the "Guaranty") by and between Guarantor and Silicon Valley Bank (the "Bank"), as supplemented by a Supplement thereto, dated as of the Effective Date (the "Company Supplement"), with respect to a debt facility in the aggregate maximum principal amount of One Million Dollars ($1,000,000.00) (the "Loan Facility") made available by the Bank to Envision Solar International, Inc., a Nevada corporation (the "Company") pursuant to that certain Loan and Security Agreement dated as of the Effective Date (the "Loan Agreement"), Guarantor is entitled to receive shares of Common Stock of the Company pursuant to the Stock Purchase Agreement in the form attached hereto as Exhibit A (the "Purchase Agreement") a
LIGHTING SCIENCE GROUP CORPORATION LOAN GUARANTY Transaction Fee and Expense Fee Side LetterLoan Guaranty Side Letter • July 29th, 2008 • Lighting Science Group Corp • Electric lighting & wiring equipment
Reference is made to the form of Guaranty (including the exhibit and other attachments thereto, the “Guaranty”) contemplated to be entered into among BMO Capital Markets Financing, Inc., Bank of Montreal (together with BMO Capital Markets Financing, Inc., the “Lenders”) and Pegasus Partners IV, L.P. (“Pegasus”), an affiliate of Pegasus Capital Advisors, L.P. (“PCA” or “us”), pursuant to which Pegasus guarantees to the Lenders the full payment of a loan agreement (the “Loan Agreement”) between the Lenders and Lighting Science Group Corporation (the “Company” or “you”). PCA and you have agreed to execute this side letter (this “Side Letter”) in anticipation of the execution of the Guaranty and Loan Agreement (together, the “Transaction”).
