Summary of WORLD ENERGY SOLUTIONS, INC.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As described in the Current Report on Form 8-K filed by World Energy Solutions, Inc. (the "Company") on June 7, 2012, Richard Domaleski, the Company's former Director and Chief Executive Officer resigned from his positions with the Company effective June 6, 2012 (the "Resignation Date"). In connection with Mr. Domaleski's resignation, the Company and Mr. Domaleski entered into a severance agreement and release (the "Severance Agreement") effective June 6, 2012. The terms of the Severance Agreement were approved by the Company's Board of Directors.

The Severance Agreement provides for (i) severance payments through December 31, 2012 at Mr. Domaleski's current gross base salary rate; (ii) payment of COBRA premium payments until the earlier of a) December 31, 2012, b) the date Mr. Domaleski obtains comparable coverage, or c) the date Mr. Domaleski's continuation coverage would terminate in accordance with the provisions of COBRA; and (iii) a gross lump-sum payment of $90,000, that represents Mr. Domaleski's pro-rated bonus for 2012.

Mr. Domaleski has agreed to (i) keep confidential and not disclose all non-public information concerning the Company that he acquired during his employment with the Company; (ii) not compete with the Company and not solicit for hire or knowingly hire, directly or indirectly, certain employees of the Company through December 31, 2012; (iii) not solicit or do business in any capacity that competes with any of the Company's products and services or with any customer of the Company or prospective customer through December 31, 2012;
(iv) cooperate with the Company in the event of any litigation arising from events occurring prior to the Resignation Date; and (v) provide a full and total release of certain claims that may have existed up to and through the date of the Severance Agreement.

The foregoing description of the Severance Agreement does not purport to be a complete description and is qualified in its entirety to the full text of the Severance Agreement that is attached hereto as Exhibit 10.1, and is incorporated by reference into this Item.