EX-10.15
from 8-K
17 pages
This Subordination Agreement (This "Agreement"), Dated as of October 1, 2009 Is Among Envision Solar International, Inc., a California Corporation (The "Company"), Envision Solar Construction, Inc., a California Corporation ("Esc"), Envision Solar Residential, Inc., a California Corporation ("Esr"), Envision Africa, LLC ("Ea"; the Company, Esc, Esr and Ea, Each an "Obligor" And, Together, "Obligors"), Jon Evey ("Subordinated Creditor"), the Purchaser (As Defined in the Purchase Agreement Described Below), and Gemini Strategies, LLC, a Delaware Limited Liability Company, in Its Capacity as Collateral Agent for Itself and for the Purchaser (Including Any Successor Agent, Hereinafter, the "Collateral Agent")
12/34/56