ADDITIONALDEBTOR JOINDER May23, 2016 SecurityAgreement dated as of February 18, 2016 made by VaultLogix,LLC, as Debtor toand in favor of theSecured Party identified therein (the “Security Agreement”)

EX-10.8 9 f8k0516ex10viii_intercloud.htm ADDITIONAL DEBTOR JOINDER, DATED MAY 23, 2016, EXECUTED BY INTERCLOUD SYSTEMS, INC. AND THE ADDITIONAL PARTIES THERETO

Exhibit 10.8

ADDITIONAL DEBTOR JOINDER

May 23, 2016

Security Agreement dated as of February 18, 2016 made by

VaultLogix, LLC, as Debtor

to and in favor of

the Secured Party identified therein (the “Security Agreement”)

Reference is made to the Security Agreement as defined above; capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in, or by reference in, the Security Agreement.

Each of the undersigned hereby agrees that upon delivery of this Additional Debtor Joinder to the Secured Party referred to above, such undersigned shall (a) be an Additional Debtor under the Security Agreement, (b) have all the rights and obligations of the Debtor under the Security Agreement as fully and to the same extent as if the undersigned was an original signatory thereto and (c) be deemed to have made the representations and warranties set forth therein as of the date of execution and delivery of this Additional Debtor Joinder. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, EACH OF THE UNDERSIGNED SPECIFICALLY GRANTS TO THE SECURED PARTY A SECURITY INTEREST IN THE COLLATERAL AS MORE FULLY SET FORTH IN THE SECURITY AGREEMENT AND ACKNOWLEDGES AND AGREES TO THE WAIVER OF JURY TRIAL PROVISIONS SET FORTH THEREIN.

Each of the undersigned acknowledges the Forbearance and Amendment Agreement, dated May 17, 2016, by and between InterCloud Systems, Inc., VaultLogix, LLC and the Secured Party (the “Forbearance Agreement”), and acknowledges and agrees that all references to the “Obligations” in the Security Agreement includes the A&R Note and the Senior Secured Note (each as defined in the Forbearance Agreement).

Attached hereto are supplemental and/or replacement Schedules to the Security Agreement, as applicable.

An executed copy of this Joinder shall be delivered to the Secured Party, and the Secured Party may rely on the matters set forth herein on or after the date hereof. This Joinder shall not be modified, amended or terminated without the prior written consent of the Secured Party.

IN WITNESS WHEREOF, the undersigned have caused this Joinder to be executed in the name and on behalf of the undersigned on the day and year first above written.

INTERCLOUD SYSTEMS, INC.

By:
Name:
Its:

T N S, INC.

By:
Name:
Its:

INTEGRATION PARTNERS – NY CORPORATION

By:
Name:
Its:

ADEX CORPORATION

By:
Name:
Its:

AW SOLUTIONS, INC.

By:
Name:
Its:

RENTVM INC.

By:
Name:
Its:

ADEX PUERTO RICO LLC

By:
Name:
Its:

ADEXCOMM CORPORATION

By:
Name:
Its:

TROPICAL COMMUNICATIONS, INC.

By:
Name:
Its:

AW SOLUTIONS PUERTO RICO, LLC

By:
Name:
Its:

RIVES MONTEIRO LEASING, LLC

By:
Name:
Its:

RIVES MONTEIRO ENGINEERING, LLC

By:
Name:
Its:

NOTTINGHAM ENTERPRISES, LLC

By:
Name:
Its:

SUPPLEMENT TO

SCHEDULE A

Locations of Books of Account, Records and Collateral

Entity

Address

City

State

Zip

Leased

Occupancy*

ADEX

1035 Windward Ridge Pkwy

Alpharetta

30005

Yes

Office

ADEX

1317 W Foothill Blvd, Ste 212

Upland

91786

Office

ADEX

280 Shuman Blvd, Ste 185

Naperville

60563

Yes

Office

ADEX

13089 N Telecom Pkwy

Tampa

33637

Yes

Office

ADEX

1701 W Northwest Hwy, Suite 100

Grapevine

76051

Yes

Office

AWS

300,320,330,340,380, 230, 260 Crown Oak Centre Dr

Longwood

32750

Yes

Office

AWS

AA-1 Calle 22 Riverview, Bayamon

Puerto Rico

00961

Yes

Office

AWS

2332 Ivy Mountain Drive

Snellville

30078

Yes

Home Office

AWS

320 31 St Avenue North

Nashville

37203

Yes

Office

AWS

260 Gateway Drive, Suite 17-18C

Bel Air

21014

Yes

Office

AWS/ICLD

980 N. Federal Highway, Suite 304

Boca Raton

33432

Yes

Office

Tropical

6995 NW 82nd Ave #32

Miami

33166

Yes

Office/Warehouse

Tropical

6937 NW 82nd Ave #32

Miami

33168

Yes

Office

IPC NY

1719 Route 10 East, Suite 126

Parsippany

07054

Yes

Office/Warehouse

TNS

1225 Rand Road

Des Plaines

60016

Yes

Office

RME

2736 Southside Drive

Tuscaloosa

35401

Yes

Office/Warehouse

ICLD (HQ)

1030 Broad Street, Suite 102

Shrewsbury

7722

Yes

Office

ICLD

3356 Garden Brook Drive

Dallas

75234

Yes

Warehouse

VaultLogix

34 Saint Martin Dr

Marlborough

01752

Yes

VaultLogix

74 West Street

Waltham

02451

Yes

VaultLogix

75 Sylvan Street

Danvers

01923

Yes

VaultLogix

211-213 E Thomas St

Hammond

70401

Yes

Logical Link

1909 Central Drive Suite 205

Bedford

Texas

76021

Yes

Leased Space

Logical Link

1706 Highway 84 East Suite B

Brookhaven

Mississippi

39601

Yes

Leased Space

SUPPLEMENT TO

SCHEDULE B

Liens

Entity; Secured Party (Financing Statement Filing #)

InterCloud Systems, Inc.

Jenne, Inc. (#20145151535; 20144642765)

Faunus Group International, Inc. (#20151179992)

JGB (Cayman) Waltham Ltd. (#20156311608)

Tropical Communications, Inc.

Faunus Group International, Inc. (#201503310351)

JGB (Cayman) Waltham Ltd. (#201506112712)

Rives-Monteiro Engineering, LLC

Capstone Bank (#09-0382491; 11-0430615)

Faunus Group International, Inc. (#15 ###-###-####)

JGB (Cayman) Waltham Ltd. (#15-0681444)

Rives-Monteiro Leasing, LLC

Faunus Group International, Inc. (#15 ###-###-####)

JGB (Cayman) Waltham Ltd. (#15-0681438)

T N S, Inc.

Faunus Group International, Inc. (#020146028)

JGB (Cayman) Waltham Ltd. (#020984163)

ADEX Corporation

Faunus Group International, Inc. (#201503205286238)

Lease Corporation of America (#201505225560151)

JGB (Cayman) Waltham Ltd. (#201512310677993)

ADEXCOMM Corporation

Faunus Group International, Inc. (#20150331036X)

JGB (Cayman) Waltham Ltd. (#201506112704)

ADEX Puerto Rico LLC

Faunus Group International, Inc. (#2015001884)

JGB (Cayman) Waltham Ltd. (#[______])

AW Solutions, Inc.

Faunus Group International, Inc. (#201503310424)

JGB (Cayman) Waltham Ltd. (#201506112690)

AW Solutions Puerto Rico, LLC

Faunus Group International, Inc. (#2015001883)

JGB (Cayman) Waltham Ltd. (#[______])

Integration Partners – NY Corporation

Faunus Group International, Inc. (#51114572)

JGB (Cayman) Waltham Ltd. (#51476861)

RentVM Inc.

Faunus Group International, Inc. (#51114594)

JGB (Cayman) Waltham Ltd. (#51476856)

Nottingham Enterprises LLC

JGB (Cayman) Waltham Ltd. (#20151230021302060)

SUPPLEMENT TO

SCHEDULE c

Filings with Governmental or Regulatory Authorities, Agencies or Recording Offices;

UCC Filing Jurisdictions

Entity; Secured Party (Financing Statement Filing #)

InterCloud Systems, Inc.

Jenne, Inc. (#20145151535; 20144642765)

Faunus Group International, Inc. (#20151179992)

JGB (Cayman) Waltham Ltd. (#20156311608)

Tropical Communications, Inc.

Faunus Group International, Inc. (#201503310351)

JGB (Cayman) Waltham Ltd. (#201506112712)

Rives-Monteiro Engineering, LLC

Capstone Bank (#09-0382491; 11-0430615)

Faunus Group International, Inc. (#15 ###-###-####)

JGB (Cayman) Waltham Ltd. (#15-0681444)

Rives-Monteiro Leasing, LLC

Faunus Group International, Inc. (#15 ###-###-####)

JGB (Cayman) Waltham Ltd. (#15-0681438)

T N S, Inc.

Faunus Group International, Inc. (#020146028)

JGB (Cayman) Waltham Ltd. (#020984163)

ADEX Corporation

Faunus Group International, Inc. (#201503205286238)

Lease Corporation of America (#201505225560151)

JGB (Cayman) Waltham Ltd. (#201512310677993)

ADEXCOMM Corporation

Faunus Group International, Inc. (#20150331036X)

JGB (Cayman) Waltham Ltd. (#201506112704)

ADEX Puerto Rico LLC

Faunus Group International, Inc. (#2015001884)

JGB (Cayman) Waltham Ltd. (#[______])

AW Solutions, Inc.

Faunus Group International, Inc. (#201503310424)

JGB (Cayman) Waltham Ltd. (#201506112690)

AW Solutions Puerto Rico, LLC

Faunus Group International, Inc. (#2015001883)

JGB (Cayman) Waltham Ltd. (#[______])

Integration Partners – NY Corporation

Faunus Group International, Inc. (#51114572)

JGB (Cayman) Waltham Ltd. (#51476861)

RentVM Inc.

Faunus Group International, Inc. (#51114594)

JGB (Cayman) Waltham Ltd. (#51476856)

Nottingham Enterprises LLC

JGB (Cayman) Waltham Ltd. (#20151230021302060)

UCC Filing Jurisdictions

Alabama

Delaware

Florida

Illinois

New Jersey

New York

Oklahoma

Commonwealth of Puerto Rico

SUPPLEMENT TO

SCHEDULE D

Debtor Name, Jurisdiction of Organization,

Organizational Identification Number and Address

InterCloud Systems, Inc.; a Delaware corporation; Org. ID ###-###-####; 1030 Broad Street, Suite #102, Shrewsbury, NJ 07702

ADEX Corporation; a New York corporation; Org. ID 1768085; 1035 Windward Ridge Pkwy, Alpharetta, GA 30005

ADEX Puerto Rico LLC; a Puerto Rico limited liability company; Org. ID 1067; 1035 Windward Ridge Pkwy, Alpharetta, GA 30005

ADEXCOMM Corporation; a Florida corporation; Org. ID P13000017150; 1035 Windward Ridge Pkwy, Alpharetta, GA 30005

AW Solutions, Inc.; a Florida corporation; Org. ID P06000054864; 300 Crown Oak Centre Drive, Longwood, FL 32750

AW Solutions Puerto Rico, LLC; a Puerto Rico limited liability company; Org. ID 3123; AA-1 Calle 22 Riverview, Bayamon, Puerto Rico 00961

Rives-Monteiro Engineering, LLC; an Alabama limited liability company; Org. ID 416-995; 2736 Southside Drive, Tuscaloosa, AL 35401

Rives-Monteiro Leasing, LLC; an Alabama limited liability company; Org. ID 661-122; 2736 Southside Drive, Tuscaloosa, AL 35401

T N S, Inc.; an Illinois corporation; Org. ID 62331666; 1225 Rand Road, Des Plaines, IL 60016

Tropical Communications, Inc.; a Florida corporation; Org. ID M00345; 6937 NW 82^nd Ave #32, Miami, FL 33166

Integration Partners-NY Corporation; a New Jersey corporation; Org. ID 0400262952; 1030 Broad Street, Suite #102, Shrewsbury, NJ 07702

RentVM Inc.; a New Jersey Corporation; Org. ID 0400485873; 1030 Broad Street, Suite #102, Shrewsbury, NJ 07702

Nottingham Enterprises, LLC; an Oklahoma limited liability company (40% owned); Org. ID ###-###-####; 5204 N Meadow Ridge Circle, McKinney, TX 75070

SUPPLEMENT TO

SCHEDULE E

Trade Names; Mergers and Acquisitions

InterCloud Systems, Inc., formerly Genesis Group Holdings, I-Realtyauction.com, Inc., and Genesis Realty Group, Inc.

ADEX Corporation, acquired the assets of Broadview Holdings doing business as HighWire Communications

ADEX Puerto Rico LLC

ADEXCOMM Corporation

AW Solutions, Inc., acquired the assets of FRJ, LLC which did business as Logical Link

AW Solutions Puerto Rico, LLC

Rives-Monteiro Engineering, LLC, has also done business as RME

Rives-Monteiro Leasing, LLC

T N S, Inc., also has done business as TelNet Solutions

Tropical Communications, Inc.

Integration Partners - NY Corporation, has also done business as IPC

RentVM

VaultLogix, LLC, acquired the assets of PCS Holding LLC which did business as AXIM Cloud

Nottingham Enterprise LLC

Data Protection Services, LLC, also DPS

U.S. Data Security Acquisition, LLC, also US Data Trust

SUPPLEMENT TO

SCHEDULE F

Intellectual Property

None.

SUPPLEMENT TO

SCHEDULE G

Account Debtors

None.

SUPPLEMENT TO

Schedule H

Pledged Securities

Rives-Monteiro Leasing, LLC

100% of membership interest owned by InterCloud Systems, Inc.

Tropical Communications, Inc.

Shares of Common Stock Outstanding: 100; 100% of Common Stock equity interests owned by InterCloud Systems, Inc.

ADEX Corporation

Shares of Common Stock Outstanding: 100; 100% of Common Stock equity interests owned by InterCloud Systems, Inc.

ADEXCOMM Corporation

Shares of Common Stock Outstanding: 10; 100% of Common Stock equity interests owned by InterCloud Systems, Inc.

ADEX Puerto Rico LLC

100% of membership interest owned by InterCloud Systems, Inc.

T N S, Inc.

Shares of Common Stock Outstanding: 1,000; 100% of Common Stock equity interests owned by InterCloud Systems, Inc.

AW Solutions, Inc.

Shares of Common Stock Outstanding: 5,000; 100% of Common Stock equity interests owned by InterCloud Systems, Inc.

AW Solutions Puerto Rico, LLC

100% of membership interest owned by InterCloud Systems, Inc.

Integration Partners - NY Corporation

100% of membership interest owned by InterCloud Systems, Inc.

RentVM Inc.

Shares of Common Stock authorized: 10,000; Outstanding: 10,000

100% of Common Stock entity interests owned by InterCloud Systems, Inc.

Nottingham Enterprises, LLC

40% of membership interests owned by InterCloud Systems, Inc.

SUPPLEMENT TO

Schedule I

Pledged Accounts

PNC Bank, National Association Accounts

Depository/Collection Accounts

	Intercloud Systems	8026293856
	ADEX Puerto Rico	8026293848
	ADEX Corporation	8026293821
	AW Solutions, Inc.	8026293813
	Telnet Solutions, Inc.	8026293805
	Integration Partners Corporation NY	8026294111

Operating/Disbursement Accounts

	Intercloud Systems	8026293725
	ADEX Puerto Rico	8026293717
	ADEX Corporation	8026293709
	AW Solutions, Inc.	8026293696
	Telnet Solutions, Inc.	8026293688
	Integration Partners Corporation NY	8026294103

Hapoalim Bank

	ADEX Corporation	01080324-01
	ADEX Puerto Rico	108050601

Iberia Bank
	AW Solutions, Inc.	1092940405
	AW Solutions, Inc.	1092940416

Regions Bank

	Broadview Technologies, Inc.	0186128892
	(DBA High Wire Networks)