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Content analysis
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8th grade Good
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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10.2 Amendment to the Consulting Agreement
- 10.3 Common Stock Purchase Agreement
- 10.4 Amended and Restated Stockholders' Agreement
- 31.1 Certification - Section 302 - CEO
- 31.2 Certification - Section 302 - CFO
- 32.1 Certification - Section 906 - CEO
- 32.2 Certification - Section 906 - CFO
Related press release
ACFN similar filings
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EXHIBIT 10.2
As of March 31, 2009
Mr. George Morgenstern
5 Shalvah Place
Monsey, New York 10952
| Re: | Amendment of Consulting Agreement |
Dear George:
This letter will serve to confirm that at the meeting of the Board of Directors of Acorn Energy, Inc. (the “Corporation”) on March 25, 2009 the Board authorized that your Consulting Agreement with the Corporation dated as of March 9, 2006 (the “Agreement”) be, and hereby is, amended to provide for (i) payment of a nonaccountable expense allowance one-half by each of the Corporation and DSIT Solutions, Ltd. (“DSIT”) of an aggregate of $75,000 per annum and (ii) an extension of the term of the Agreement until March 31, 2011. By its execution of this amendment below DSIT agrees to its obligation to pay one-half of such expense allowance, and acknowledges that such payment will inure to its benefit.
Very Truly Yours,
ACORN ENERGY, INC.
By: /s/ John A. Moore
John A. Moore
President and CEO
AGREED AND ACKNOWLEDGED:
DSIT SOLUTIONS, LTD.
By: /s/ Benny Sela
Name: Benny Sela
Title: CEO
ACCEPTED AND AGREED:
/s/ George Morgenstern
GEORGE MORGENSTERN
4 W. Rockland Road, P.O. Box 9 , Montchanin, DE 19710 www.acornenergy.com Tel: (302) 656-1707 Fax: (302) 656-1703