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<SEC-DOCUMENT>0000950123-09-072574.txt : 20091222
<SEC-HEADER>0000950123-09-072574.hdr.sgml : 20091222
<ACCEPTANCE-DATETIME>20091222113756
ACCESSION NUMBER:		0000950123-09-072574
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20091217
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20091222
DATE AS OF CHANGE:		20091222

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARGAN INC
		CENTRAL INDEX KEY:			0000100591
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
		IRS NUMBER:				131947195
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31756
		FILM NUMBER:		091254191

	BUSINESS ADDRESS:	
		STREET 1:		ONE CHURCH STREET SUITE 401
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20850
		BUSINESS PHONE:		301 315-0027

	MAIL ADDRESS:	
		STREET 1:		ONE CHURCH STREET SUITE 401
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20850

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUROFLOW INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ULTRA DYNAMICS CORP
		DATE OF NAME CHANGE:	19830522
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c93915e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">



<DIV style="font-size: 10pt">
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>


<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): December 17, 2009</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>ARGAN, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>001-31756</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>13-1947195</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
</TABLE>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>One Church Street, Suite 201, Rockville, MD<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>20850</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(301) 315-0027</B>


<TABLE border="0" width="30%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="100%">&nbsp;</TD>
</TR>
<TR>
    <TD nowrap style="border-bottom: 1px solid #000000"><B>Not Applicable<BR></B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


<P>
<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">1
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<P align="justify" style="font-size: 10pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>


<P align="justify" style="font-size: 10pt">The information described below under Item&nbsp;2.01 is hereby incorporated herein by reference.


<P align="justify" style="font-size: 10pt"><B>Item&nbsp;2.01 Completion of Acquisition or Disposition of Assets.</B>


<P align="justify" style="font-size: 10pt">On December&nbsp;17, 2009, Argan, Inc. (the &#147;Company&#148;) acquired 50% of the outstanding membership interests (the
&#147;<U>Membership Acquisition</U>&#148;) of Gemma Renewable Power, LLC, a Delaware limited liability company (&#147;<U>GRP</U>&#148;),
from Invenergy Wind Management, LLC, a Delaware limited liability company (the &#147;<U>Seller</U>&#148;), pursuant to the terms
and conditions of a certain Purchase and Sale Agreement, dated as of December&nbsp;16, 2009 (the &#147;<U>Purchase
Agreement</U>&#148;), by and between the Seller and Gemma Power Systems, LLC, a Connecticut limited liability company
(&#147;<U>GPS</U>&#148;) and wholly-owned subsidiary of the Company. The Company already owns 50% of the membership interests of
GRP. As a result of the Membership Acquisition, GRP will become a wholly-owned subsidiary of GPS. A copy of the
Purchase Agreement is attached as <U>Exhibit&nbsp;10.1</U> to this Form 8-K.


<P align="justify" style="font-size: 10pt">GPS entered into a business partnership in June&nbsp;2008 with the Seller for the design and construction of wind-energy
farms located in the United States and Canada. The business partners each owned 50% of GRP, the company formed by the
parties for this purpose. The amount of the Company&#146;s investment in GRP included in the Company&#146;s balance sheet at
October&nbsp;31, 2009, the end of the Company&#146;s third fiscal quarter, was $3,449,000.


<P align="justify" style="font-size: 10pt">The purchase price for Seller&#146;s membership interest in GRP shall be $3,183,000 (the &#147;<U>Consideration</U>&#148;), payable
and conditioned upon the following:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="text-align: justify">$1,583,000 of the Consideration shall be paid upon (a)&nbsp;the award to GRP by the Seller of a certain
wind farm construction project as identified and described in the Purchase Agreement (the &#147;<U>Initial
Project</U>&#148;), (b)&nbsp;Seller obtaining adequate financing to complete the Initial Project, and (c)&nbsp;Seller
making an initial payment to the Company. On December&nbsp;17, 2009, GRP was awarded a contract by Vantage Wind
Energy LLC (contract value estimated at approximately $33&nbsp;million) to satisfy condition (a);</DIV></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="text-align: justify">$800,000 of the Consideration shall be paid upon the award to GRP by the Seller of a second wind farm
construction project as set forth in the Purchase Agreement (the &#147;<U>Second Project</U>&#148;); and</DIV></TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><DIV style="text-align: justify">$800,000 of the Consideration shall be paid on or before the four-month anniversary of the award of
the Second Project provided that the construction of such project has not been delayed as fully described in
the Purchase Agreement.</DIV></TD>
</TR>

</TABLE>


<P align="justify" style="font-size: 10pt">Subsequent to the award of the Initial Project, GRP shall have the Right of First Offer, as described in the Purchase
Agreement, on the Seller&#146;s subsequent wind farm projects until GRP is awarded the Second Project. If GRP has not been
awarded a project by the Seller or an unrelated third party by March&nbsp;31, 2010, then beginning April&nbsp;1, 2010, GRP shall
receive a monthly reduction towards the $1,600,000 of Consideration due to the Seller related to the Second Project.
Such monthly reduction shall be equal to the lesser of fifty percent (50%) of GRP&#146;s monthly overhead, as defined in the
Purchase Agreement, and $75,000 and shall continue until either GRP is awarded a project or such monthly reductions
reach a total amount of $1,600,000.


<P align="center" style="font-size: 10pt">2

<P align="center" style="font-size: 10pt; display: none">2
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<P align="justify" style="font-size: 10pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>


<P align="justify" style="font-size: 10pt">(d)&nbsp;<U>Exhibits</U>.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">10.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Purchase and Sale Agreement dated
as of December&nbsp;16, 2009 by and
between Invenergy Wind Management, LLC and Gemma Power Systems,
LLC.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="justify" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
<BR>
&nbsp;


<P align="justify" style="font-size: 10pt; margin-left: 45%; font-size: 10pt">ARGAN, INC.


<P align="justify" style="font-size: 10pt">Date: December&nbsp;21, 2009


<P align="justify" style="font-size: 10pt; margin-left: 45%; font-size: 10pt; margin-top: -11pt">By:&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/ Arthur F. Trudel</U>


<DIV align="justify" style="font-size: 10pt; margin-left: 49%">Arthur F. Trudel, Senior Vice President and<BR>
Chief Financial Officer</DIV>



<P align="center" style="font-size: 10pt">3

<P align="center" style="font-size: 10pt; display: none">3




</DIV>
</BODY>
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</TEXT>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>c93915exv10w1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 10.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="right" style="font-size: 10pt; margin-top: 10pt"><b>Exhibit
10.1</b>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>PURCHASE AND SALE AGREEMENT</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">This <B>PURCHASE AND SALE AGREEMENT </B>(&#147;Agreement&#148;) dated as of this 16<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> day of
December, 2009, is made and entered into by and between Invenergy Wind Management LLC, a Delaware
limited liability company (&#147;Seller&#148;), and Gemma Power Systems, LLC, a Connecticut limited liability
company (&#147;Purchaser&#148;) Each entity is sometimes individually referred to herein as a &#147;Party&#148; and
both entities are sometimes collectively referred to herein as the &#147;Parties.&#148;
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%"><B>WHEREAS, </B>Seller is the owner of fifty percent (50%) membership interest (the &#147;Interest&#148;) of
Gemma Renewable Power, LLC, a Delaware limited liability company (&#147;Company&#148;); and
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%"><B>WHEREAS,
</B>Seller desires to sell to Purchaser and Purchaser desires to purchase from Seller,
Seller&#146;s Interest in the Company on the terms and subject to the conditions set forth herein.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%"><B>NOW THEREFORE, </B>in consideration of the mutual representations, warranties, covenants and
agreements set forth in this Agreement, upon the terms and subject to the conditions hereinafter
set forth, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and intending on being legally bound, the
Parties hereto agree as follows:
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 1<BR>
DEFINITIONS</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">1.1 <U>Definitions.</U> As used in this Agreement, the following terms have the meanings
indicated below:
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Affiliate</U>&#148; means any Person that directly, or indirectly through one or more
intermediaries, controls or is controlled by or is under common control with the Person
specified. For purposes of this definition, control of a Person means the power, direct or
indirect, to direct or cause the direction of the management and policies of such Person whether
by contract or otherwise, provided that the direct or indirect ownership of ten percent (10%) or
more of the voting securities of another Person shall be deemed to constitute control of such
other Person.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Agreement</U>&#148; means this Sale and Purchase Agreement and the Exhibits hereto, as the
same shall be amended in writing from time to time.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Business Day</U>&#148; means a day other than Saturday, Sunday or any day on which banks
located in Cook County, Illinois are authorized or obligated to close.
</DIV>
<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Closing</U>&#148; means the closing of the transactions, contemplated by Section
2.3.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Closing Date</U>&#148; means September&nbsp;30, 2009 or such other date as Purchaser and Seller
may from time to time agree upon in writing.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Company</U>&#148; means Gemma Renewable Power, LLC, a Delaware limited liability company.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Confidential Information</U>&#148; means information reasonably designated as confidential or
proprietary by either Party; provided that Confidential Information shall not include information
that: (i)&nbsp;at the time obtained by Party, was already in the public domain or was a matter of
public knowledge; (ii)&nbsp;after being obtained by Party, becomes part of the public domain or public
knowledge, by publication or otherwise, other than by breach of the confidentiality provisions in
Section&nbsp;12.4; (iii)&nbsp;the disclosing Party can establish by competent proof already was in its
possession, without any breach of any third-party&#146;s obligations to a Party, at the time obtained
by it; or (iv)&nbsp;the disclosing Party can establish by competent proof was independently developed
by it.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>GAAP</U>&#148; means generally accepted accounting principles in the United States,
consistently applied throughout the specified period.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Governmental or Regulatory Authority</U>&#148; means any federal, state, local, or foreign
government, any court, tribunal, arbitrator, authority, agency, commission, official or other
instrumentality of the United States, a state, county, city or other political subdivision or
similar governing entity.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Indemnified Party</U>&#148; means any Person claiming indemnification under any provision
of Article&nbsp;10.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Indemnifying Party</U>&#148; means any Person against whom a claim for indemnification is
being asserted under any provision of Article&nbsp;10.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Interest</U>&#148; means the fifty percent (50%) membership interest of Seller in the
Company.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Laws</U>&#148; means all constitutions, treaties, laws, statutes, rules, regulations,
ordinances and other pronouncements having the effect of law of the United States or any state,
county, city or other political subdivision or of any Governmental or Regulatory Authority.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Liens</U>&#148; means any charge, claim, community property interest, condition, equitable
interest, easement, encumbrance, option, warrants, conversion rights, lien, pledge,
hypothecation, assignment, deposit arrangement (including, without limitation, any deposit
arrangements with a broker or other financial institution), security interest (preference,
priority or other security agreement or preferential arrangement of any kind), mortgage, deed of
trust, retention of title agreement, right of first refusal, right of first offer, preemptive
right, or other restriction or granting of any rights with respect to, the use, voting, transfer,
receipt of income or exercise of any other attribute of ownership (whether by virtue of bonds,
debentures, notes or other indebtedness having the right to vote or convertible into, or
exchangeable for, ownership interests having the right to
vote on any matters on which members of Seller may vote), or similar matters. With respect
to the Interest, &#147;Liens&#148; includes any claim by a third party of an interest in or right to acquire
the Interest, but excludes those Liens that are generally against the Company or all membership
interest in the Company which may be, in part, against Interest.
</DIV>
<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Loss</U>&#148; means any and all damages, assessments, fines, penalties, deficiencies,
losses, judgments, amounts paid in settlement or diminution in value, costs and expenses
(including, without limitation, interest, court costs, reasonable fees and expenses of attorneys,
accountants and other experts or other reasonable expenses incurred in investigating, preparing,
defending against or prosecuting any litigation or claim, action, suit, proceeding or demand).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Major Project</U>&#148; has the meaning given to it in Article&nbsp;5.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Order</U>&#148; means any award, writ, judgment, decision, decree, stipulation, injunction,
ruling or similar order of any Governmental or Regulatory Authority (in each such case whether
preliminary or final).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<u>Overhead</u>&#148; means home office general expenses; rent and maintenance of home office
facilities; light, heat, and other utility expenses for the home office facilities; retirement
savings programs, employee benefit and compensation packages; employee salaries and payroll taxes;
parking space fees; ad valorem and other property taxes on real and personal property at the home
office; insurance premiums; and overhead-related travel expenses.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Party</U>&#148; means either Seller or Purchaser; and &#147;<U>Parties</U>&#148; means both Seller
and Purchaser.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Person</U>&#148; means any natural person, corporation, general partnership, limited
partnership, limited liability company, proprietorship, other business organization, trust, union,
association or Governmental or Regulatory Authority.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Purchase Price</U>&#148; has the meaning given to it in Article&nbsp;5.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Purchaser</U>&#148; has the meaning given to it in the recitals to this Agreement.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Purchaser Indemnified Parties</U>&#148; has the meaning given to it in Section&nbsp;10.1(a).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Representatives</U>&#148; means, for any Person, any director, officer, manager, employee,
counsel, accountant, financial advisor or consultant of such Person.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Right of First Offer</U>&#148; has the meaning given to it in Article&nbsp;5.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Seller</U>&#148; has the meaning given to it in the recitals to this Agreement.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Seller Indemnified Parties</U>&#148; has the meaning given to it in Section&nbsp;10.1(b).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Tax Returns</U>&#148; means any return, report, information return or other document
required to be supplied to any taxing authority with respect to Taxes, including any claims for
refunds of Taxes and any amendments or supplements to any of the foregoing.
</DIV>
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</DIV>

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<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Taxes</U>&#148; means all taxes, charges, duties, fees, levies or other assessments
imposed on Company by any federal, state or local or foreign taxing authority, including but not
limited to, income, profits, excise, property, sales, use, value added, transfer, franchise,
payroll, withholding, social security, unemployment, business license, occupation, stamp,
environmental, workers compensation, severance, ad valorem, customs duties, registration or other
taxes, including any interest, penalties or additions attributable thereto, and any interest on
such penalties and additions, as well as any transfer or secondary liability of Company in respect
of any tax (whether imposed by law, contract or otherwise).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">&#147;<U>Transfer Taxes</U>&#148; has the meaning given to it in Section&nbsp;8.2(a).
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">1.2 <U>Construction of Certain Terms and Phrases.</U> Unless the context of this Agreement
otherwise requires, (i)&nbsp;words of any gender include each other gender; (ii)&nbsp;words using the
singular or plural number also include the plural or singular number, respectively; (iii)&nbsp;the
terms &#147;hereof,&#148; &#147;herein,&#148; &#147;hereby&#148; and derivative or similar words refer to this entire Agreement;
(iv)&nbsp;the terms &#147;Article&#148; or &#147;Section&#148; refer to the specified Article or Section of this Agreement;
and (v) &#147;include&#148; or &#147;including&#148; means including without limiting the generality of any
description preceding such term. Whenever this Agreement refers to a number of days, such number
shall refer to calendar days unless Business Days are specified. All accounting terms used herein
and not expressly defined herein shall have the meanings given to them under GAAP. Any
representation or warranty contained herein as to the enforceability of a contract shall be
subject to the effect of any bankruptcy, insolvency, reorganization, moratorium or other similar
Laws affecting the enforcement of creditors&#146; rights generally and to general equitable principles
(regardless of whether such enforceability is considered in a proceeding in equity or at law).
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 2<BR>
SALE AND PURCHASE OF MEMBERSHIP INTEREST AND CLOSING</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">2.1
<U>The Sale.</U> On the basis of the representations, warranties and undertakings set
forth in this Agreement, and on the terms and subject to the conditions set forth in this
Agreement, at the Closing Seller shall sell, transfer, convey, assign and deliver to
Purchaser, or one or more nominees of Purchaser designated at the Closing, free and clear
of all Liens, and Purchaser will purchase and pay for, the Interest.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">2.2 <U>Consideration.</U> Seller&#146;s agreement to transfer its Interest, and Purchaser&#146;s
agreement to Purchase the Interest, are made expressly in consideration of the terms and conditions
set forth herein.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">2.3 <U>Closing.</U> Closing will take place by an exchange of documents on or before 5:00
p.m. prevailing Central Standard Time on the Closing Date or in such other manner or at such
other time as Purchaser and Seller mutually agree. Seller will assign and transfer to Purchaser
(i)&nbsp;the Interest free and clear of all Liens, by execution and delivery of a transfer instrument
evidencing the assignment and transfer of the Interest in the form attached as Exhibit&nbsp;A (the
&#147;Assignment&#148;), and (ii)&nbsp;certificates and other contracts, documents and instruments required to be
delivered under Articles 6 and 7.
</DIV>
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<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">2.4 <U>Further Assurances.</U> At any time and from time to time after the Closing Date, (a)
at the request of Purchaser, Seller will execute and deliver such other instruments of sale,
transfer, conveyance, assignment and confirmation as may be reasonably requested by Purchaser and
at Purchaser&#146;s expense, in order to more effectively transfer, convey and assign to Purchaser and
to confirm Purchaser&#146;s ownership of the Interest, and (b)&nbsp;at the request of Seller, Purchaser will
execute and deliver such other instruments as may be reasonably requested by Seller and at Seller&#146;s
expense, in order to more effectively carry out the provisions hereof and the transactions
contemplated hereby.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 3<BR>
REPRESENTATIONS AND WARRANTIES OF SELLER</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">As an inducement to Purchaser to enter into this Agreement and to consummate the transactions
contemplated hereby, Seller represents and warrants with respect to itself, that as of the date of
this Agreement and as of the Closing Date the following:
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.1 <U>Power and Authority.</U> Seller has all requisite power and authority to enter into,
execute and deliver this Agreement, to perform its obligations hereunder and to consummate the
transactions contemplated hereby, including without limitation to sell and transfer the Interest
free and clear of all Liens. Seller is in good standing under the laws of the state of Delaware.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.2 <U>Execution, Legality and Validity.</U> The execution and delivery by Seller of this
Agreement, and the performance by Seller of its obligations hereunder, have been duly and validly
authorized by all necessary action on its behalf. This Agreement has been duly and validly
executed and delivered by Seller and constitutes its legal, valid and binding obligation,
enforceable against Seller in accordance with its terms, except as the same may be limited by
bankruptcy, insolvency, reorganization, arrangement, moratorium or other similar Laws relating to
or affecting the rights of creditors generally, or by general equitable principles.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.3 <U>Interest.</U>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; margin-left: 4%; text-indent: 4%">(a)&nbsp;The
Interest is owned by Seller, free and clear of all Liens.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(b)&nbsp;The sale and delivery of the Interest to Purchaser pursuant to Article&nbsp;2 hereof will
cause the transfer to Purchaser of the Interest free and clear of all Liens.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.4 <U>Brokers.</U> All negotiations relative to the transfer of the Interest pursuant to
this Agreement have been carried out by Seller directly with Purchaser without the intervention
of any Person on behalf of Seller in such manner as to give rise to any valid claim by any
Person against Purchaser for a finder&#146;s fee, brokerage commission or similar payment.
Seller agrees to defend, indemnify and hold Purchaser harmless from any such fees and/or
claims made by any broker or sales agent or similar party who claims to have dealt with
Seller for a commission due or alleged to be due on this transaction. Purchaser agrees to defend,
indemnify and hold Seller harmless from any such fees and/or claims made by any broker or sales
agent or similar party who claims to have dealt with Purchaser for a commission due or alleged to
be due on this transaction.
</DIV>
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<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.5 <U>No Conflicts.</U> The execution, delivery and performance by Seller of this
Agreement does not conflict with (i)&nbsp;the articles of incorporation, by-laws or other
corporate organizational documents of the Seller, or (ii)&nbsp;any
Order or applicable Law.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.6 <U>Litigation.</U> There is no action or claim of any kind known, pending or threatened
against Seller that questions or otherwise relates in anyway to Seller&#146;s right to transfer the
Interest to Purchaser pursuant to this Agreement.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.7 <U>Absence of Bankruptcies.</U> Seller has not filed and does not contemplate filing in
the next one hundred twenty (120)&nbsp;days any voluntary petition in bankruptcy or has been
adjudicated as bankrupt or insolvent, or filed any petition or answer seeking any reorganization,
liquidation, dissolution or similar relief under any Federal bankruptcy, insolvency, or other
debtor relief law, or sought or consented to or acquiesced in the appointment of any trustee,
receiver, conservator or liquidator of all or any substantial part of its properties. No
involuntary petition in bankruptcy has been filed against Seller and no court of competent
jurisdiction has entered an order, judgment or decree approving a petition filed against Seller or
seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or
similar relief under any bankruptcy act, or other debtor relief law, and no other liquidator has
been appointed for Seller of all or any substantial part of its or their respective properties.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.8 <U>Consents</U>. No consents from any Persons are necessary for Seller to sell the
Interest.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">3.9 <U>Compliance with Laws</U>. Seller has complied with all federal, state and local Laws
and any Orders with respect to its activities and has obtained and maintained in effect all
approvals that have been necessary for its business as presently conducted and to consummate the
transaction that is the subject of this Agreement.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 4<BR>
REPRESENTATIONS AND WARRANTIES OF PURCHASER</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">As an inducement for Seller to enter into this Agreement and to consummate the transactions
contemplated hereby, Purchaser represents and warrants to Seller that, as of the date of this
Agreement and, except as otherwise expressly provided, as of the
Closing Date:
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">4.1 <U>Power and Authority.</U> Purchaser has all requisite power and authority to enter
into, execute and deliver this Agreement, to perform its obligations hereunder and to consummate
the transactions contemplated hereby, including without limitation to purchase the Interest.
Purchaser is in good standing under the laws of the state of Connecticut.
</DIV>
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<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">4.2 <U>Execution, Legality and Validity.</U> The execution and delivery by Purchaser
of this Agreement, and the performance by Purchaser of its obligations hereunder, have been duly
and validly authorized by all necessary action on its behalf. This Agreement has been duly and
validly executed and delivered by Purchaser and constitutes its legal, valid and binding
obligation, except as the same may be limited by bankruptcy, insolvency, reorganization,
arrangement, moratorium or other similar Laws relating to or affecting the rights of creditors
generally, or by general equitable principles.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">4.3 <U>Brokers.</U> All negotiations relative to this Agreement and the transactions
contemplated hereby have been carried out by Purchaser, or an Affiliate thereof, directly with
Seller without the intervention of any other Person on behalf of Purchaser in such manner as to
give rise to any valid claim by any Person (including, for the avoidance of doubt, any Affiliate
of Purchaser) against Seller for a finder&#146;s fee, brokerage commission or similar payment.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 5 &#151; PURCHASE PRICE AND PAYMENT TERMS</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">5.1 The purchase price for Seller&#146;s Interest in the Company shall be Three Million One
Hundred Eighty Three Thousand Dollars ($3,183,000) (the &#147;Purchase Price&#148;) payable and conditioned
upon the following:
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; margin-left: 4%; text-indent: 4%">a.
One Million Five Hundred Eighty Three Thousand Dollars ($1,583,000) of the
Purchase Price shall be paid by Purchaser to Seller promptly upon Seller meeting the
following conditions: (i)&nbsp;Seller awarding the Vantage Project to Company, (ii)&nbsp;Seller
obtaining project financing or evidence from Seller that Seller&#146;s Affiliate has access
to adequate funds to complete the Vantage Project, and (iii)&nbsp;Seller making the initial
payment to Company for the Full Notice to Proceed.
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; margin-left: 4%; text-indent: 4%">b.
The remaining One Million Six Hundred Thousand Dollars ($1,600,000)
of the Purchase Price shall be payable and conditioned upon the following:
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; margin-left: 8%; text-indent: 4%">i. Company shall have the Right of First Offer (as defined below) on Seller&#146;s
or Seller&#146;s Affiliate&#146;s subsequent Major Projects (as defined below) until Company
is awarded a second project. &#147;Right of First Offer&#148; shall mean Company shall have
the exclusive right to negotiate for the next qualifying project for six (6)&nbsp;weeks
from receipt of notice of such project from Seller or Seller&#146;s Affiliate, at which
point Seller and Seller&#146;s Affiliate shall have the right to seek competitive
proposals for the project. A &#147;Major Project&#148; shall mean a construction obligation
for a generation facility over 49.5 MWs with a scope of work substantially similar
to Company&#146;s work for the 111 MW Grand Ridge expansion project in LaSalle County,
Illinois. After the Right of First Offer period has expired, provided the
competitive bids are less than Company proposal or contain terms materially more
beneficial to Seller or Seller&#146;s Affiliate, then Seller or Seller&#146;s Affiliate may
award the project to contractor of their choice. If the competitive bids are equal
to or greater than Company proposal and contain similar terms or terms materially
less beneficial to Seller or Seller&#146;s Affiliate, then Seller or Seller&#146;s
Affiliate shall award the project to Company.
</DIV>
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<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; margin-left: 8%; text-indent: 4%">ii. Upon receipt of the second project award, and receipt of the initial Full
Notice to Proceed payment thereto, Purchaser shall promptly pay Seller $800,000. The
remaining $800,000 payment shall be made by Purchaser to Seller on or before the
four month-anniversary of such Full Notice to Proceed date; provided that during
such four-month period the construction for the project has not been, or will not
imminently be put on hold or delayed for any reason unless the hold or delay is
caused by Purchaser&#146;s failure to perform under the applicable construction contract,
or such hold or delay is clearly definable and less than four months in duration. If
such project is put on hold or delayed, such additional $800,000 payment shall be
made promptly when construction re-commences.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">5.2 If Company has not been awarded a project by Seller or an unrelated third party by March
31, 2010, then beginning on April&nbsp;1, 2010, Purchaser shall receive a monthly reduction towards
that part of the Purchase Price due from Seller under Section&nbsp;5.1(b) above equal to fifty percent
(50%) of the monthly Company Overhead not to exceed Seventy-Five Thousand Dollars ($75,000) per
month until the earlier of (i)&nbsp;Seller, a Seller Affiliate, or an unrelated third party awards a
contract to Company, or (ii)&nbsp;that part of the Purchase Price due from Seller under Section&nbsp;5.1(b)
has been fully offset.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">5.3 If Company is dissolved, the foregoing payment provisions shall survive and apply to
projects awarded to any successor or affiliated entity of Company, including Gemma Power
Systems, LLC.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">5.4 Regarding that certain Assignment of Limited Liability Company Membership Interest being executed contemporaneously with this Agreement, except as otherwise stated
herein, Purchaser hereby assumes all obligations for the performance of all covenants, agreements and obligations of Seller with respect to the Interest and Company. Seller is hereby released
from all liability, obligations, defaults and deficiencies related to the Interest and Company.
Purchaser shall indemnify, defend, and hold Seller free and harmless from any loss, cost, damage, expense,
action or causes of action or any other liability (including reasonable attorneys&#146; fees) which it
may or might incur under or as a result of or in any way arising from or relating to the Interest or
Company. Notwithstanding the foregoing to the contrary, Seller shall remain liable for, and
Purchaser shall have no duty to indemnify, defend or hold Seller harmless from, fifty percent (50%) of any loss, cost, damage, expense, action or cause of action or any other liability
(including reasonable attorney&#146;s fees), arising between Company and any third party relating to the Company&#146;s performance under the Grand Ridge expansion project construction contract;
provided, however, in no event shall such liability extend to any Overhead, which is being reimbursed
pursuant to Section&nbsp;5.2 above.
</DIV>
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<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 6<BR>
CONDITIONS TO OBLIGATIONS OF PURCHASER</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">The obligations of Purchaser hereunder to purchase the Interest are subject to the fulfillment, at or before the Closing, of each of the following express condition
precedents (all or any of which may be waived in whole or in part by Purchaser in its sole
discretion):
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">6.1 <U>Representations and Warranties.</U> The representations and warranties made by Seller
in this Agreement shall be true and correct in all material respects on and as of the date of this
Agreement and on and as of the Closing Date as though made on and as of each such date.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">6.2 <U>Orders and Laws.</U> There shall not be in effect, pending or threatened on the
Closing Date any Order or Law restraining, enjoining, restricting, limiting or otherwise
prohibiting or making illegal the consummation of the transaction contemplated by this Agreement.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">6.3 <U>Deliveries.</U> Seller shall have executed and delivered to Purchaser the Assignment
in the form attached hereto as Exhibit&nbsp;A, and all other documents contemplated hereby to be
executed and delivered by Seller on or before Closing.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">6.4 <U>Resignation.</U> Seller shall have delivered to Purchaser a signed and duly executed
letter of resignation of each Seller officer and director of Company, dated and effective on the
Closing Date, in the form attached hereto as Exhibit&nbsp;B.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 7<BR>
CONDITIONS TO OBLIGATIONS OF SELLER</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">The obligations of Seller hereunder to sell the Interest are subject to the fulfillment, at
or before the Closing, of each of the following express condition precedents (all or any of which
may be waived in whole or in part by Seller in its sole discretion):
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">7.1 <U>Representations and Warranties.</U> The representations and warranties made by
Purchaser in this Agreement shall be true and correct in all material respects on and as of the
date of this Agreement and on and as of the Closing Date as though made on and as of each such
date.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">7.2 <U>Orders and Laws.</U> There shall not be in effect on the Closing Date any Order or
Law restraining, enjoining or otherwise prohibiting or making illegal the consummation of any of
the transactions contemplated by this Agreement.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">7.3 <U>Deliveries.</U> Purchaser shall have executed and delivered to Seller the Assignment
in the form attached hereto as Exhibit&nbsp;A, and all other documents contemplated hereby to be
executed and delivered by Purchaser on or before Closing.
</DIV>
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<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 8<BR>
TAX MATTERS</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">8.1 <U>Tax Matters.</U>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(a)&nbsp;<U>Transfer
Taxes.</U> Purchaser shall solely bear and pay all sales, use, transfer,
recording, stock transfer and other similar taxes and fees (&#147;Transfer Taxes&#148;) if any, arising out
of or in connection with the purchase of the Interest pursuant to this Agreement. Purchaser shall
file, to the extent required by applicable Laws, all necessary tax returns and other documentation
with respect to all such Transfer Taxes.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(b)&nbsp;<U>Income Tax Returns</U>. &#147;Final&#148; income tax returns will be prepared by the Company in
accordance with federal and state regulations. Taxable income and /or losses for the period January
1, 2009 through the Closing Date will be allocated 50% to each of the Parties. Each Party shall be
responsible for reimbursing the Company for its respective non-resident state withholding benefit
paid by the Company, which the Party applies as a withholding payment credit against its respective
tax return.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(c)&nbsp;<U>Information.</U> In connection with preparing any Tax Return, Purchaser and Company
will provide information, records or documents relating to Taxes as may be in Purchaser&#146;s or
Company&#146;s possession or control, and as may be reasonably requested by Seller. Neither Purchaser
nor Seller will destroy any records related to Company through the Closing Date for a period of
seven (7)&nbsp;years following such periods (or any longer period required by Law) without first giving
notice to and obtaining the written consent of the other Party, whose consent shall not be
unreasonably withheld.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 9<BR>
SURVIVAL</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">9.1 <U>Survival of Representations, Warranties, Covenants and Agreements.</U> The
representations, warranties, covenants and agreements of Seller and Purchaser contained in this
Agreement (other than the representations, warranties, covenants and agreements contained in
Article&nbsp;8, which representations, warranties, covenants and agreements shall survive until the
date that is one (1)&nbsp;month after the expiration date of the applicable statute of limitations for
the Tax at issue, and other than the provisions of Articles 10, 11,
and 12 which shall survive the
termination of this Agreement) shall survive until six (6)&nbsp;months following the Closing Date;
<I>provided, however, </I>that claims first asserted in writing within the applicable period (whether or
not the amount of any such claim has become ascertainable within such period) shall not thereafter
be time barred. The provisions of Article&nbsp;5, including remedies set forth herein for any breach of
any terms or conditions of Article&nbsp;5 shall survive the Closing Date.
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 10<BR>
INDEMNIFICATION</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">10.1 <U>Indemnification.</U>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(a)&nbsp;Seller shall, to the fullest extent permitted by Law, indemnify,
defend and hold harmless Purchaser and its Affiliates, the Company and the respective
officers, directors, employees and shareholders of the foregoing, and their successors
and assigns (&#147;Purchaser Indemnified Parties&#148;) from, against and with respect to any
claim, liability, obligation, judgment or Loss, of any kind or character, suffered,
incurred or sustained by Purchaser or any of the foregoing or to which it or they may
become subject, arising out of or in any manner incident, relating or
attributable to:
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 12%">(i)&nbsp;any inaccuracy in any representation or breach of warranty of Seller contained in this
Agreement or in any certificate, instrument of transfer or other document or agreement executed
by Seller in connection with this Agreement;
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 12%">(ii)&nbsp;any failure by Seller to perform or observe, or to have performed or observed, in
full, any covenant, term or condition to be performed or observed by it under this Agreement or
under any certificates or other documents or agreements executed by Seller in connection with
this Agreement;
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 8%">(b)&nbsp;Purchaser shall, to the fullest extent permitted by Law, indemnify,
defend and hold harmless Seller and its Affiliates and the respective officers,
directors, employees and shareholders of the foregoing, and its successors and assigns
(&#147;Seller Indemnified Parties&#148;) from, against and with respect to any claim, liability,
obligation, judgment or Loss, of any kind or character, suffered, incurred or sustained
by Seller or any of the foregoing or to which they become subject, arising out of or in
any manner incident, relating or attributable to:
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 12%">(i)&nbsp;any inaccuracy in any representation or breach of warranty of Purchaser contained in
this Agreement or in any certificate, instrument of transfer or other document or agreement
executed by Purchaser in connection with this Agreement;
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 12%">(ii)&nbsp;any failure by Purchaser to perform or observe, or to have performed or observed, in
full, any covenant, term or condition to be performed or observed by Purchaser under this
Agreement or under any certificates or other documents or agreements executed by Purchaser in
connection with this Agreement;
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">10.2 <U>Exclusivity.</U> After the Closing, to the extent permitted by applicable Laws, and
except in the case of fraud or willful misconduct, the indemnities set forth in this Article&nbsp;10
shall be the exclusive remedies of Purchaser and Seller and its or their respective officers,
directors, employees, agents and Affiliates due to misrepresentation, breach of warranty,
nonfulfillment or failure to be performed of any covenant, term or condition contained in this
Agreement; provided, however, that the foregoing provision shall not limit or restrict the
availability of specific performance or other injunctive or equitable relief (other than
rescission) to the extent that specific performance or such other relief would otherwise be
available to a Party under this Agreement.
</DIV>
<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">10.3 <U>Waiver of Consequential Damages.</U> Notwithstanding anything to the
contrary
contained in this Agreement, Seller and Buyer agree that the recovery by either Party of any
damages suffered or incurred by such Party as a result of any breach by the other Party of any of
its obligations under this Agreement shall be limited to the actual damages suffered or incurred by
the non-breaching Party as a result of the breach of the breaching Party of its obligations
hereunder and in no event shall the breaching Party be liable to the non-breaching Party as a
result of the breach by the breaching Party of its obligations hereunder for any indirect,
consequential, special, incidential, exemplary, or punitive damages (including any damages on
account of lost profits or opportunities) suffered or incurred by the non-breaching Party as a
result of the breach by the breaching Party of any of its obligations hereunder.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 11<BR>
WAIVER OF TRIAL BY JURY</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Waiver of Jury Trial. THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVE
ANY RIGHTS THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING
OUT OF, UNDER, OR IN CONNECTION WITH, THIS AGREEMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING,
STATEMENTS (WHETHER VERBAL OR WRITTEN), OR ACTIONS OF ANY PARTY HERETO. THIS PROVISION IS A
MATERIAL INDUCEMENT FOR SELLER AND PURCHASER TO ENTER INTO THIS AGREEMENT.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ARTICLE 12<BR>
MISCELLANEOUS</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.1 <U>Notices.</U> Unless this Agreement specifically requires otherwise, any notice,
demand or request provided for in this Agreement, or served, given or made in connection with it,
shall be in writing and shall be deemed properly served, given or made if delivered in person or
sent by fax or sent by registered or certified mail, postage prepaid, or by an internationally
recognized overnight courier service that provides a receipt of delivery, in each case, to the
parties at the addresses specified below:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="55%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">If to Seller, to:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attn: General Counsel</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">c/o Invenergy LLC</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">1 S. Wacker Dr., Suite&nbsp;1900</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chicago, IL 60606</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">If to Purchaser, to:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Gemma Renewable Power, LLC</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">100 Corporate Place</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Rocky Hill, CT 06067</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">Notice given by personal delivery, mail or overnight courier pursuant to this Section
12.1 shall be effective upon physical receipt. Notice given by fax pursuant to this Section&nbsp;12.1
shall be effective as of (i)&nbsp;the date of confirmed delivery if delivered before 5:00 p.m.
prevailing Central Time, on any Business Day, or (ii)&nbsp;the next succeeding Business Day if confirmed
delivery is after 5:00 p.m. prevailing Central Time, on any Business Day or during any non-Business
Day. In the event of any merger, dissolution or other event pursuant to which the corporate
existence of any party hereto terminates, any notice provided for in this Agreement may be given or
delivered to any survivor or successor to such party or to any successor to all or any part of its
assets.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.2 <U>Entire Agreement.</U> This Agreement supersedes all prior discussions and
agreements between the Parties with respect to the subject matter hereof and contains the
sole and entire agreement between the parties hereto with respect to the subject matter
hereof.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.3 <U>Expenses.</U> Except as otherwise expressly provided in this Agreement, whether or
not the transactions contemplated hereby are consummated, each Party will pay its own costs and
expenses incurred in connection with the negotiation, execution and closing of this Agreement and
the transactions contemplated hereby.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.4 <U>Confidentiality.</U> Each Party hereto will hold, and will use commercially
reasonable efforts to cause its Affiliates and their respective Representatives to hold all
Confidential Information in strict confidence from any Person (other than any such Affiliate or
Representative), unless (i)&nbsp;compelled to disclose by judicial or administrative process (including
in connection with obtaining the necessary approvals of this Agreement and the transactions
contemplated hereby of Governmental or Regulatory Authorities) or by other requirements of Law
(including exchange rules), (ii)&nbsp;disclosed in an action or proceeding brought by a Party hereto in
pursuit of its rights or in the exercise of its remedies hereunder; provided, that in each such
case, the Party from whom disclosure is sought shall notify the other Party of the proposed
release of Confidential Information and shall cooperate with such Party in limiting or preventing
the release of such Confidential Information (for example, by obtaining a protective order), prior
to the release thereof, or (iii)&nbsp;on a confidential basis to its employees, officers and directors
and agents who have a need to know the same for the purpose of consummating the transactions
contemplated by this Agreement, who have been informed that the Confidential Information is
subject to this Section&nbsp;12.4, and who have agreed or are otherwise obligated to comply with this
Section&nbsp;12.4.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.5 <U>Waiver.</U> Any term or condition of this Agreement may be waived at any time by
the Party that is entitled to the benefit thereof, but no such waiver shall be effective
unless set forth in a written instrument duly executed by or on behalf of the Party waiving such
term or condition. No waiver by any Party of any term or condition of this Agreement, in
any one or more instance, shall be deemed to be or construed as a waiver of the same or
any other term or condition of this Agreement on any future occasion. All remedies, either
under this Agreement or by Law or otherwise afforded, will be cumulative and not
alternative.
</DIV>
<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.6
<u>Amendment.</u> This Agreement may be amended, supplemented or modified only by a written
instrument duly executed by or on behalf of each Party hereto.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.7 <U>No Third Party Beneficiary.</U> The terms and provisions of this Agreement are
intended solely for the benefit of each Party hereto and their respective successors or permitted
assigns, and it is not the intention of the Parties to confer third-party beneficiary rights upon
any other Person except for such shareholders, officers, directors, employees and Affiliates
referenced in Section&nbsp;10.1.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.8 <U>No Assignment; Binding Effect.</U> Neither this Agreement nor any right, interest or
obligation hereunder may be assigned by any Party hereto without the prior written consent of the
other Party hereto and any attempt to do so will be void, except for (a)&nbsp;assignments and transfers
by operation of Law, or (b)&nbsp;assignments and transfers by Purchaser of its rights, interests or
obligations hereunder, in whole or in part, to an Affiliate, provided that no such assignments
referred to in clauses (a)&nbsp;or (b)&nbsp;shall relieve the assigning Party of its obligations hereunder.
Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is
enforceable by the Parties hereto and their respective successors and assigns.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.9 <U>Headings.</U> The headings used in this Agreement have been inserted for
convenience of reference only and do not define or limit the provisions hereof.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.10
<U>Invalid Provisions.</U> If any provision of this Agreement is held to be illegal,
invalid or unenforceable under any present or future Law, and if the rights or obligations of any
Party hereto under this Agreement will not be materially and adversely affected thereby, (a)&nbsp;such
provision will be fully severable, (b)&nbsp;this Agreement will be construed and enforced as if such
illegal, invalid or unenforceable provision had never comprised a part hereof, (c)&nbsp;the remaining
provisions of this Agreement will remain in full force and effect and will not be affected by the
illegal, invalid or unenforceable provision or by its severance herefrom, and (d)&nbsp;in lieu of such
illegal, invalid or unenforceable provision, there will be added automatically as a part of this
Agreement a legal, valid and enforceable provision as similar in terms to such illegal, invalid or
unenforceable provision as may be possible.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.11
<U>Governing Law.</U> This Agreement shall be governed by and construed in accordance
with the Laws of the State of Illinois applicable to a contract executed and performed in such
state, without giving effect to the conflicts of laws principles
thereof.
</DIV>
<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.12 <U>Jurisdiction and Venue.</U> Each of the Parties hereto hereby irrevocably and
unconditionally consents and agrees that any actions, suits or proceedings arising out of or
relating to this Agreement and the transactions contemplated hereby may be brought in any court
of any United States federal court or state court located in Cook County, Illinois having subject
matter jurisdiction, and, by execution and delivery of this Agreement and any other documents
executed in connection herewith, each such Party hereby (i)&nbsp;accepts
the non-exclusive jurisdiction of the aforesaid courts, (ii)&nbsp;irrevocably agrees to be bound by any
final judgment (after any and all appeals) of any such court with respect to such documents, (iii)
irrevocably waives, to the fullest extent permitted by law, any objection which it may now or
hereafter have to the laying of venue of any suit, action or proceedings with respect to such
documents brought in any such court, and further irrevocably waives, to the fullest extent
permitted by law, any claim that any such action, or proceeding brought in any such court has been
brought in any inconvenient forum, (iv)&nbsp;agrees that service of any process, summons, notice or
document in any such action may be effected by mailing a copy thereof by U.S. registered or
certified mail, postage prepaid, to such Party at its address set forth in Section&nbsp;12.1, or at such
other address of which the other Parties hereto shall have been notified will be effective service
for any action, suit or proceeding brought against it in any such court, and (v)&nbsp;agrees that
nothing herein shall affect the right to effect service of process in any other manner permitted by
law or limit the right to bring any suit, action or proceeding in any other jurisdiction.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.13
<U>Attorneys&#146; Fees.</U> In the event of any suit or other proceeding between the
Parties with respect to any of the transactions contemplated hereby or subject matter
hereof, the prevailing Party shall, in addition to such other relief as the court or
arbitrator may award, be entitled to recover reasonable attorneys&#146; fees and costs (including at the
trial and appellate levels) and expenses of investigation.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.14 <u>Time is of the Essence.</u> With regard to all dates and time periods set forth or
referred to in this Agreement, time is of the essence.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">12.15 <u>Counterparts.</u> This Agreement may be executed in any number of
counterparts, each of which will be deemed an original, but all of which together will
constitute one and the same instrument.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt">&#091;SIGNATURES APPEAR ON NEXT PAGE&#093;
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">



<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the duly authorized
officer of each of Seller and Purchaser (but solely as set forth below) as
of the date first above written.
</DIV>
<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="90%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="39%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD colspan="5" valign="bottom" align="left">Invenergy Wind Management LLC,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="5" valign="bottom" align="left">a Delaware limited liability company</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" colspan="2" valign="bottom">&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="bottom">By:</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="bottom" align="left">/s/ James J. Shield</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="bottom" align="left" style="border-top: 1px solid #000000">&nbsp; &nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom" style="border-top: 0px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">James J. Shield</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Its:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Vice President</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="5" valign="bottom" align="left">Gemma Power Systems, LLC,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="5" valign="bottom" align="left">a Connecticut limited liability company</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="bottom">By:</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="bottom" align="left">/s/ William F.
Griffin, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="bottom" align="left" style="border-top: 1px solid #000000">&nbsp; &nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Name:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">William F. Griffin, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Its:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">CEO</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>ASSIGNMENT OF LIMITED LIABILITY COMPANY MEMBERSHIP INTEREST</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">FOR VALUE RECEIVED, Invenergy Wind Management LLC, a Delaware limited liability company
(&#147;Invenergy&#148;) does hereby assign, transfer and convey unto, Gemma Power Systems, LLC, a
Connecticut limited liability company, 100% of its membership interest in and to Gemma
Renewable Power, LLC, a Delaware limited liability company (the &#147;Company&#148;), which membership
interest is standing in the name Invenergy on the books and records of the Company and does
hereby irrevocably constitute and appoint Joseph Condo, as agent and attorney-in-fact to
transfer the said membership interest of Invenergy on the books of the Company with full power
of substitution in the premises.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">IN
WITNESS WHEREOF, the undersigned have executed this assignment this 17 day
of December, 2009.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Accepted:</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="3" valign="bottom" align="left">INVENERGY WIND MANAGMENT LLC</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">GEMMA POWER SYSTEMS, LLC</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="3" valign="bottom" align="left">/s/ Michael Polsky</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">/s/ William F. Griffin, Jr.</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="3" valign="bottom" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom" style="border-top: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" valign="bottom" align="left">Michael Polsky</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">William F. Griffen, Jr.</TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD colspan="3" valign="bottom" align="left">President</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">CEO</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">December&nbsp;16<I>, </I>2009

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Gemma Power Systems, LLC<BR> 2461
Main Street<br> Glastonbury, CT 06033

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">To Whom It May Concern:

</DIV>
<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">I hereby resign my position as a Member of the Management Committee of Gemma Renewable Power,
LLC, effective as of the date set forth above.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Sincerely,

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">/s/ James Shield<BR>
<DIV align="left" style="font-size: 1pt; margin-top: 3pt"><DIV align="left"><DIV style="font-size: 1pt; margin-top: 3pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>
James Shield

</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">December&nbsp;16, 2009

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Gemma Power Systems, LLC<BR>
2461 Main Street<BR>
Glastonbury, CT 06033

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">To Whom It May Concern:

</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">I hereby resign my position as a Member of the Management Committee of Gemma Renewable Power, LLC,
effective as of the date set forth above.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Sincerely,
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">/s/ Bryan Schueler<BR>
<DIV align="left" style="font-size: 1pt; margin-top: 3pt"><DIV align="left"><DIV style="font-size: 1pt; margin-top: 3pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>
Bryan Schueler
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



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