13 unchanged sentences
Management has assessed the effectiveness of our internal control over financial reporting as of December 31, 2021 and has concluded that such internal control over financial reporting is effective.
−Removed: We acquired Vivint Solar on October 8, 2020 in a purchase business combination.
−Removed: We excluded from our assessment of internal control over financial reporting as of December 31, 2020, the internal control over financial reporting of Vivint Solar.
−Removed: Associated with Vivint Solar are total assets of $7.9 billion and total revenues of $81.3 million included in our consolidated financial statements as of and for the fiscal year ended December 31, 2020.
The effectiveness of our internal control over financial reporting as of December 31, 2021 has been audited by Ernst & Young LLP, an independent registered public accounting firm, as stated in its report which is included in Item 8 of this Annual Report on Form 10-K.
Other Information.
+Added: Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.
+Added: Not Applicable.
Directors, Executive Officers and Corporate Governance.
20 unchanged sentences
Exhibit Filing Date
−Removed: 2.1 Agreement and Plan of Merger, dated as of July 6, 2020, by and among Sunrun Inc., Viking Merger Sub, Inc., and Vivint Solar, Inc.
−Removed: 8-K 001-37511 2.1 7/10/2020
3.1 Amended and Restated Certificate of Incorporation of the Registrant
56 unchanged sentences
10-Q 001-37511 10.1 11/7/2018
+Added: 10.16+ Employment Letter between the Registrant and Lynn Jurich, dated as of May 8, 2015
+Added: S-1 333-205217 10.10 6/25/2015
Exhibit Incorporated by Reference Filed Herewith
1 unchanged sentence
Exhibit Filing Date
−Removed: 10.16+ Employment Letter between the Registrant and Lynn Jurich, dated as of May 8, 2015
−Removed: S-1 333-205217 10.10 6/25/2015
10.17+ Employment Letter between the Registrant and Edward Fenster, dated as of May 8, 2015
4 unchanged sentences
8-K 333-205217 10.1 12/6/2017
−Removed: 10.20+ Employment Letter between the Registrant and Jeanna Steele, dated as of May 15, 2018
+Added: 10.20+ Executive Employment Agreement between Sunrun Inc.
+Added: and Jeanna Steele, dated November 30, 2021
+Added: 10.21+ Employment Agreement between Sunrun Inc.
+Added: and Paul Dickson, dated December 3, 2021
+Added: 10.22+ Separation Agreement by and between Christopher Dawson and Sunrun, Inc., dated December 31, 2021
8-K 001-37511 10.1 1/6/2022
−Removed: 10.21+ Offer Letter between David Bywater and Sunrun Inc., dated as of July 6, 2020
10.23+ Board Services Agreement between the Registrant and Gerald Risk, dated as of February 1, 2014
S-1 333-205217 10.15 6/25/2015
+Added: 10.24+ Amended and Restated Non-Employee Director Pay Policy, Amended December 23, 2021
Credit Agreement among Sunrun Neptune Portfolio 2016-A, LLC, as Borrower, Suntrust Bank as Administrative Agent, ING Capital LLC as LC Issuer, and The Lenders from Time to Time Party Hereto dated as of May 9, 2017 and Exhibits
3 unchanged sentences
10-K 001-37511 10.3 3/6/2018
−Removed: 10.25¥ Second Amended and Restated Credit Agreement among Sunrun Hera Portfolio 2015-A, LLC, Investec Bank PLC (as administrative agent, issuing bank and as lender), and each of the additional lenders identified on the signature pages thereto, dated January 15, 2016, amended and restated as of June 23, 2017 and further amended and restated as of March 27, 2018
−Removed: 10-Q 001-37511 10.2 5/9/2018
10.27 First Amendment to Credit Agreement among the Company, Sunrun Neptune Portfolio 2016-A, LLC, SunTrust Bank (as administrative agent and as lender), ING Capital LLC (as issuer and as lender), and each of the additional Lenders from time to time party thereto, dated as of March 26, 2018
10-Q 001-37511 10.3 5/9/2018
−Removed: 10.27¥ Consent and Second Amendment to Second Amended and Restated Credit Agreement and Fourth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of August 22, 2018, among Sunrun Hera Portfolio 2015-A, LLC, Sunrun Inc., Investec Bank Plc (as administrative agent, issuing bank and as lender) and each of the additional lenders identified on the signature pages thereto
−Removed: 10-Q 001-37511 10.3 11/7/2018
−Removed: Exhibit Incorporated by Reference Filed Herewith
−Removed: Number Exhibit Description Form File No.
−Removed: Exhibit Filing Date
−Removed: 10.28 Consent and Third Amendment to Second Amended and Restated Credit Agreement and Sixth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of September 25, 2018 among Sunrun Hera Portfolio 2015-A, LLC, Sunrun Inc,, Investec Bank Plc (as administrative agent, issuing bank and as lender) and each of the additional lenders identified on the signature pages thereto
−Removed: 10-Q 001-37511 10.4 11/7/2018
10.28¥ Indenture between Sunrun Athena Issuer 2018-1, LLC and Wells Fargo Bank, National Association, dated as of December 20, 2018
10-K 001-37511 10.36 2/28/2019
−Removed: 10.30¥ Fourth Amendment to Second Amended and Restated Credit Agreement among Sunrun Hera Portfolio 2015-A, LLC, Investec Bank Plc (as administrative agent and issuing bank), and each of the additional Lenders identified on the signature pages thereto, dated as of November 30, 2018
−Removed: 10-K 001-37511 10.37 2/28/2019
−Removed: 10.31^ Consent, Waiver and Fifth Amendment to Second Amended and Restated Credit Agreement and Sixth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of February 28, 2019, among Sunrun Hera Portfolio 2015-A, LLC, Sunrun Inc., Investec Bank PLC and each of the additional lenders identified on the signature pages thereto.
−Removed: 10-Q 001-37511 10.1 5/8/2019
−Removed: 10.32^ Sixth Amendment to Second Amended and Restated Credit Agreement and Seventh Amendment to Amended and Restated Cash Division and Commitment Fee Guaranty dated as of February 28, 2019, among Sunrun Hera Portfolio 2015-A, LLC, Sunrun Inc., Investec Bank PLC and each of the additional lenders identified on the signature pages thereto.
−Removed: 10-Q 001-37511 10.2 5/8/2019
10.29^ Indenture between Sunrun Xanadu Issuer 2019-1, LLC and Wells Fargo Bank, National Association, dated as of June 6, 2019
2 unchanged sentences
10-Q 001-37511 10.2 8/7/2019
−Removed: 10.35^ Indenture between Sunrun Atlas Issuer 2019-2, LLC and Wells Fargo Bank, National Association, dated as of October 28, 2019
−Removed: 10-K 001-37511 10.41 2/27/2020
−Removed: 10.36^ Amendment No.
−Removed: 7 to the Credit Agreement among the Company, AEE Solar, Inc., Sunrun South LLC, Sunrun Installation Services Inc., Clean Energy Experts, LLC, KeyBank National Association (as administrative agent and as lender), Silicon Valley Bank (as collateral agent and as lender), and each of the additional lenders identified on the signature pages thereto, dated as of November 12, 2019
−Removed: 10-K 001-37511 10.42 2/27/2020
Exhibit Incorporated by Reference Filed Herewith
1 unchanged sentence
Exhibit Filing Date
−Removed: 10.37^ Consent and Seventh Amendment to Second Amended and Restated Credit Agreement and Eighth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of September 27, 2019, among Sunrun Hera Portfolio 2015-A, Sunrun Inc., Investec Bank Plc (as administrative agent, issuing bank and as lender), and each of the additional lenders identified on the signature pages thereto
−Removed: 10-Q 001-37511 10.1 11/12/2019
−Removed: Consent and Eighth Amendment to Second Amended and Restated Credit Agreement and Ninth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of December 30, 2019, among Sunrun Hera Portfolio 2015-A, the Company, Investec Bank Plc (as administrative agent, issuing bank and as lender), and each of the additional lenders identified on the signature pages thereto
−Removed: 10-K 001-37511 10.44 2/27/2020
−Removed: 10.39^ Credit Agreement, dated as of August 6, 2019, by and among Vivint Solar Financing VI, LLC, Bank of America, N.A.
−Removed: and the other parties named therein
−Removed: 10-Q 001-36642 10.1 11/6/2019
−Removed: 10.40^ Loan and Security Agreement, dated as of December 18, 2019, by and among Vivint Solar ABL, LLC, Bank of America, N.A.
−Removed: and other parties named therein
+Added: 10.31 ^ Indenture between Sunrun Atlas Issuer 2019-2, LLC and Wells Fargo Bank, National Association, dated as of October 28, 2019
10-K 001-37511 10.41 2/27/2020
1 unchanged sentence
10-Q 001-36642 10.1 8/5/2020
−Removed: 10.42^ Amendment to Credit Agreement, dated as of May 29, 2020, by and among Vivint Solar Financing VI, LLC, Bank of America, N.A.
−Removed: and the other parties named therein
−Removed: 10-Q 001-36642 10.2 8/5/2020
−Removed: 10.43¥ Amendment No.
−Removed: 1 to the Amended and Restated Credit Agreement among the Company, AEE Solar, Inc., Sunrun South LLC, Sunrun Installation Services Inc., Clean Energy Experts, LLC, KeyBank National Association (as administrative agent and as lender), Silicon Valley Bank (as collateral agent and as lender), and each of the additional lenders identified on the signature pages thereto, dates as of July 28, 2020
−Removed: 10-Q 001-37511 10.8 11/5/2020
−Removed: 10.44¥ Second Amended and Restated Credit Agreement among the Company, AEE Solar, Inc., Sunrun South LLC, Sunrun Installation Services Inc., Clean Energy Experts, LLC, each of the lenders party thereto, Silicon Valley Bank (as collateral agent and lender) and Keybank National Association (as administrative agent and lender), dated as of October 5, 2020, and as amended by Amendment No.
−Removed: 1 to the Second Amended and Restated Credit Agreement, dated as of January 25, 2021
−Removed: Exhibit Incorporated by Reference Filed Herewith
−Removed: Number Exhibit Description Form File No.
−Removed: Exhibit Filing Date
−Removed: 10.45¥ Consent and Tenth Amendment to Second Amended and Restated Credit Agreement and Tenth Amendment to Amended and Restated Cash Diversion and Commitment Fee Guaranty dated as of November 23, 2020, among Sunrun Hera Portfolio 2015-A, the Company, Investec Bank Plc (as administrative agent, issuing bank and as lender), and each of the additional lenders identified on the signature pages thereto
10.33 Subscription Agreement dated July 29, 2020, between Sunrun Inc.
7 unchanged sentences
8-K 001-37511 10.2 1/28/2021
+Added: 10.36+ Amendment to Confirmatory Employment Letter between Sunrun Inc.
+Added: and Lynn Jurich, dated August 5, 2021
+Added: 8-K 001-37511 10.1 8/5/2021
+Added: 10.37+ Employment Agreement between Sunrun Inc.
+Added: and Mary Powell, dated August 31, 2021
+Added: 8-K 001-37511 10.2 8/5/2021
+Added: 10.38 Indenture between Sunrun Inc.
+Added: and Wells Fargo Bank, National Association, as Trustee, dated January 28, 2021
+Added: 8-K 001-37511 4.1 1/28/2021
+Added: 10.39¥ Credit Agreement, dated as of April 20, 2021, among Sunrun Luna Portfolio 2021, LLC, Credit Suisse AG, New York Branch (as administrative agent), Wells Fargo Bank, National Association (as collateral agent and as paying agent) and each of the lenders and funding agents identified on the signature pages thereto
+Added: 10-Q 001-37511
+Added: 10.2¥ 8/5/2021
+Added: 10.40¥ Amendment to the Credit Agreement, dated as of May 5, 202 1, among Sunrun Luna Portfolio 2021, LLC, Credit Suisse AG, New York Branch (as administrative agent) and each of the lenders and funding agents identified on the signature pages thereto
+Added: 10-Q 001-37511
+Added: 10.3¥ 8/5/2021
+Added: 10.41¥ Second Amendment to the Credit Agreement, dated as of October 8, 2021, among Sunrun Luna Portfolio 2021, LLC, Credit Suisse AG, New York Branch (as administrative agent) and each of the lenders and funding agents identified on the signature pages thereto.
+Added: 10-Q 001-37511
+Added: 10.1¥ 11/4/2021
+Added: 10.42¥ Second Amendment to Credit Agreement, dated as of November 30, 2021, among Sunrun Scorpio Portfolio 2017-A, LLC, as Borrower, Keybank National Association, as Administrative Agent, Keybank National Association, as LC Issuer, and each of the additional lenders identified on the signature page thereto
21.1 List of subsidiaries of the Registrant
1 unchanged sentence
31.1 Certification of Chief Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Exhibit Incorporated by Reference Filed Herewith
+Added: Number Exhibit Description Form File No.
+Added: Exhibit Filing Date
31.2 Certification of Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
15 unchanged sentences
February 17, 2022 By:
−Removed: /s/ Lynn Jurich
+Added: /s/ Mary Powell
Chief Executive Officer and Director
1 unchanged sentence
Name Title Date
−Removed: /s/ Lynn Jurich Chief Executive Officer and Director (Principal Executive Officer) February 25, 2021
+Added: /s/ Mary Powell Chief Executive Officer and Director (Principal Executive Officer) February 17, 2022
/s/ Thomas vonReichbauer Chief Financial Officer (Principal Financial Officer) February 17, 2022
2 unchanged sentences
Michelle Philpot
−Removed: /s/ Edward Fenster Chairman and Director February 25, 2021
+Added: /s/ Lynn Jurich Co-Chair and Director February 17, 2022
+Added: /s/ Edward Fenster Co-Chair and Director February 17, 2022
Edward Fenster
1 unchanged sentence
Katherine August-deWilde
−Removed: /s/ David Bywater Director February 25, 2021
−Removed: David Bywater
/s/ Leslie Dach Director February 17, 2022
/s/ Alan Ferber Director February 17, 2022
−Removed: /s/ Mary Powell Director February 25, 2021
+Added: /s/ Sonita Lontoh Director February 17, 2022
+Added: Sonita Lontoh
/s/ Gerald Risk Director February 17, 2022
−Removed: /s/ Ellen Smith Director February 25, 2021
+Added: /s/ Manjula Talreja Director February 17, 2022
+Added: Manjula Talreja
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.