Subscription Agreement between OCM Principal Opportunities Fund II, L.P. and InfraSource Services, Inc.
OCM Principal Opportunities Fund II, L.P. agrees to purchase 135,430 shares of common stock from InfraSource Services, Inc. at $100 per share, totaling $13,543,000. InfraSource Services, Inc. acknowledges receipt of the payment. The agreement is signed by representatives of both parties and outlines the purchase of shares, confirming the transaction and payment.
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Exhibit 10.16
SUBSCRIPTION AGREEMENT
January 27, 2004
InfraSource Services, Inc.
500 West Dutton Mill Road
Aston, PA 19014
Attention: Terence R. Montgomery, Chief Financial Officer
The undersigned, OCM Principal Opportunities Fund II, L.P., a Delaware limited partnership, hereby agrees to subscribe for and purchase 135,430 shares of common stock, par value $0.001 per share (the "Common Stock"), of InfraSource Services, Inc., a Delaware corporation (the "Corporation"), at a price of $100 per share, for an aggregate purchase price of $13,543,000. The Corporation hereby acknowledges receipt of payment in the amount of $13,543,000.
OCM/GFI Power Opportunities Fund, L.P. | ||||
By: | Oaktree Capital Management, LLC, its General Partner | |||
By: | /s/ CHRISTOPHER S. BROTHERS | |||
Name: | Christopher S. Brothers | |||
Title: | Managing Director | |||
By: | /s/ MICHAEL P. HARMON | |||
Name: | Michael P. Harmon | |||
Title: | Senior Vice President |
Acknowledged By: | ||||
InfraSource Services, Inc. | ||||
By: | /s/ TERENCE R. MONTGOMERY | |||
Name: | Terence R. Montgomery | |||
Title: | Chief Financial Officer |
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