ACORN ENERGY, INC. - FORM 10-Q - EX-10.3 - LETTER AGREEMENT BETWEEN THE REGISTRANT AND GEORGE MORGENSTERN DATED MARCH 31, 2012* - May 10, 2012

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - ACORN ENERGY, INC.Financial_Report.xls
10-Q - ACORN ENERGY, INC.acfn-3312012x10xq.htm
EX-10.1 - LIMITED LIABILITY COMPANY INTEREST PURCHASE AGREEMENT BY AND AMONG OMNIMETRIX, LLC, XYZ HOLDINGS, INC. AND THE OTHER PARTIES LISTED THEREIN DATED FEBRUARY 15, 2012 - ACORN ENERGY, INC.a101-llcinterestpurchaseag.htm
EX-10.11 - AT-WILL EMPLOYMENT, CONFIDENTIAL INFORMATION, NON-COMPETITION AND INVENTION ASSIGNMENT AGREEMENT BY AND BETWEEN REGISTRANT AND HEATHER K. MALLARD DATED JANUARY 24, 2012* - ACORN ENERGY, INC.a1011-atwillemploymentconf.htm
EX-10.9 - STOCK PURCHASE AGREEMENT BY AND BETWEEN REGISTRANT AND US SEISMIC SYSTEMS, INC. DATED FEBRUARY 6, 2012 - ACORN ENERGY, INC.a109-stockpurchaseagreemen.htm
EX-10.2 - THIRD AMENDMENT TO EMPLOYMENT AGREEMENT BY AND BETWEEN REGISTRANT AND JOHN A. MOORE DATED MARCH 1, 2012* - ACORN ENERGY, INC.a102-thirdamendmenttoemplo.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. - ACORN ENERGY, INC.a312-certificationofchieff.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002. - ACORN ENERGY, INC.a322-certificationofchieff.htm
EX-10.7 - FORM OF US SEISMIC SYSTEMS, INC. 2012 STOCK PLAN NOTICE OF NON-STATUTORY STOCK OPTION GRANT* - ACORN ENERGY, INC.a107-formofusseismicsystem.htm
EX-10.10 - AT WILL EMPLOYMENT, CONFIDENTIAL INFORMATION, NON-COMPETITION AND INVENTION ASSIGNMENT AGREEMENT BY AND BETWEEN OMNIMETRIX, LLC AND DEENA P. REDDING DATED FEBRUARY 15, 2012* - ACORN ENERGY, INC.a1010-employmentagreementx.htm
EX-10.4 - EMPLOYMENT AGREEMENT BY AND BETWEEN REGISTRANT AND HEATHER K. MALLARD DATED JANUARY 24, 2012* - ACORN ENERGY, INC.a104-employmentagreementby.htm
EX-10.5 - 2012 STOCK PLAN FOR US SEISMIC SYSTEMS, INC.* - ACORN ENERGY, INC.a105-2012stockplanforussei.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. - ACORN ENERGY, INC.a311-certificationofchiefe.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002. - ACORN ENERGY, INC.a321-certificationofchiefe.htm
EX-10.8 - AMENDED AND RESTATED STOCKHOLDERS' AGREEMENT BY AND AMONG US SEISMIC SYSTEMS, INC., REGISTRANT AND THE OTHER PARTIES NAMED THEREIN DATED MARCH 19, 2012 - ACORN ENERGY, INC.a108-amendedandrestatedsto.htm
EX-10.6 - FORM OF US SEISMIC SYSTEMS, INC. 2012 STOCK PLAN NOTICE OF INCENTIVE STOCK OPTION GRANT* - ACORN ENERGY, INC.a106-xformofusseismicsyste.htm



    

4 W. Rockland Road, P.O. Box 9, Montchanin, DE 19710 www.acornenergy.com Tel: (302) 656-1707 Fax: (302) 656-1703


March 31, 2012


Mr. George Morgenstern
5 Shalvah Place
Monsey, New York 10952

Re:    Amendment of Consulting Agreement

Dear George:

This letter will serve to confirm that pursuant to action taken by the Board of Directors of Acorn Energy, Inc. (the “Corporation”) on March 30, 2012, the Board authorized that your Consulting Agreement with the Corporation dated as of March 9, 2006 and as previously amended (the “Agreement”) be extended on a month-to-month basis until either party notifies the other in writing at least 10 days prior to any month-end that it wishes to terminate such Agreement, in which case the term shall end as of the last day of the month in which such notice is timely given. You will be paid a pro rata portion (i.e., $4,687.50) of your annualized, non-accountable expense allowance each month by the Corporation and by DSIT Solutions, Ltd. (“DSIT”) on the basis agreed in the letter dated March 15, 2011. By its execution of this amendment below, DSIT agrees to pay its monthly share of your annualized allowance (i.e., $3,125), and acknowledges that such payment will inure to its benefit.

Very truly yours,



By:                     
John A. Moore
President and CEO

AGREED AND ACKNOWLEDGED:

DSIT SOLUTIONS, LTD.

By:                     
Benny Sela
CEO

ACCEPTED AND AGREED:

                    
GEORGE MORGENSTERN


ACORN ENERGY, INC. Reports