Allonge to Demand Note
Exhibit 10.2
Allonge to Demand Note
This Allonge to Demand Note is attached to and made a part of that certain Demand Note
(“Note”) executed by Lighting Science Group Corporation (the “Borrower”), dated July 25, 2008,
payable to the order of Bank of Montreal (the “Bank”), in the original principal amount of Twenty
Million and No/100 Dollars ($20,000,000.00).
For good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. The Note is hereby amended as follows:
The date “July 25, 2009” appearing in the first paragraph of the
Note shall be deleted and replaced with the date “August 24, 2009”.
2. This Allonge to Demand Note amends the Note as specifically provided herein. All
other provisions of the Note shall not be modified hereby except as expressly set forth
herein.
3. The Borrower hereby directs the Bank to affix this Allonge to Demand Note
whereupon the Note and this Allonge to Demand Note will become and constitute a single
instrument.
4. References in the Note to the Bank of Montreal Loan Authorization Agreement
dated as of July 25, 2008 between the Borrower and the Bank (the “Loan Agreement”) shall be
deemed to refer to the Loan Agreement, as amended and as the same may be amended from time
to time.
[Signature Page to Follow]
Dated: As of July 24, 2009
Lighting Science Group Corporation |
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By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | |||
Name: | ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | |||
Its: Chief Financial Officer | ||||
Accepted and Agreed:
Bank of Montreal |
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By: | /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ | |||
Name: | ▇▇▇▇▇▇ ▇▇▇▇▇ | |||
Its: Director | ||||