<HTML>
<HEAD>
<TITLE>sv8</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">As filed
with the Securities and Exchange Commission on May 2, 2008
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 0pt"><B>Registration No.&nbsp;333-</B><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>Form&nbsp;S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>LIGHTING SCIENCE GROUP CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>23-2596710</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer Identification No.)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">incorporation or organization)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>2100 McKinney Avenue, Suite&nbsp;1515</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>Dallas, Texas</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>75201</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of Principal Executive Offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Lighting Science Group Corporation 2005 Equity-Based Compensation Plan</B><BR>
(Full Title of Plan)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Govi Rao<BR>
Chief Executive Officer<BR>
Lighting Science Group Corporation<BR>
2100 McKinney Avenue, Suite&nbsp;1515<BR>
Dallas, Texas 75201</B><BR>
(Name and address of agent for service)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>(214)&nbsp;382-3630</B><BR>
(Telephone number, including area code, of agent for service)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><I>with copies of communications to:</I><BR>
<B>Gregory R. Samuel<BR>
Haynes and Boone, LLP<BR>
901 Main Street, Suite&nbsp;3100<BR>
Dallas, Texas 75202<BR>
(214)&nbsp;651-5645<BR>
(214)&nbsp;200-0577 (fax)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company.
See the definitions of &#147;large accelerated filer,&#148;
&#147;accelerated filer&#148; and
&#147; smaller reporting company&#148; in Rule 12b-2 of the Exchange
Act. (Check one):</div>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Large accelerated filer <FONT face="Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Accelerated filer <FONT face="Wingdings">&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" nowrap>Non-accelerated filer <FONT face="Wingdings">&#111;</FONT><br>
(Do not check if a smaller reporting company)
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top" nowrap>Smaller reporting company <FONT face="Wingdings">&#254;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>CALCULATION OF REGISTRATION FEE</B></DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of securities</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to be</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>offering price</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>aggregate offering</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registration fee</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registered (1)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>per share (2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>price (2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>(2)</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
                    <TD style="border-top: 2px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, $0.001 par value</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">1,510,250</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$5.50</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$8,306,375</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="bottom" style="border-top: 2px solid #000000">$326.44</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Rule&nbsp;416 under the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;), this registration statement shall, unless otherwise expressly provided, be deemed to
cover the additional securities that may be (i)&nbsp;offered, issued, or sold in connection with
any provision(s) of the employee benefit plan(s) described herein that provide for a change
in the amount of securities being offered, issued, or sold to prevent dilution resulting
from stock splits, stock dividends, or similar or other transactions or (ii)&nbsp;issuable or
issued as a result of a split of, or a stock dividend on, the registered securities prior
to completion of the distribution of the securities covered by this registration statement.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>The proposed maximum offering price per share and the proposed maximum aggregate
offering price have been estimated solely for the purpose of calculating the registration
fee pursuant to paragraphs (c)&nbsp;and (h)(1) of Rule&nbsp;457 promulgated under the Securities Act,
based upon the average of the high and low prices of the Common Stock as reported on the
OTC Bulletin Board on May&nbsp;1, 2008.</TD>
</TR>

</TABLE>



<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">








<!--TOC-->
<!--/TOC-->




<!-- link1 " PART I" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in Part&nbsp;I of Form S-8 will be sent or given
to participants in the Lighting Science Group Corporation 2005 Equity-Based Compensation Plan, as
amended (the &#147;Plan&#148;), as specified by Rule&nbsp;428(b)(1) under the Securities Act of 1933, as amended
(the &#147;Securities Act&#148;). In accordance with the instructions to Part&nbsp;I of Form S-8 such documents
will not be filed with the Securities and Exchange Commission (the &#147;Commission&#148;). These documents
and the documents incorporated by reference pursuant to Item&nbsp;3 of Part&nbsp;II hereof, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
</DIV>
<!-- link1 " PART II" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>

</DIV>
<!-- link1 "Item&nbsp;3. Incorporation of Documents by Reference" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lighting Science Group Corporation (&#147;Lighting Science&#148;) hereby incorporates herein by
reference the following documents previously filed with the Commission:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Lighting Science&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2007,
filed with the Commission on March&nbsp;31, 2008;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Lighting Science&#146;s current reports on Form 8-K filed with the Commission on February
12, 2008 (with regard to Items 5.02 and 9.01), February&nbsp;29, 2008 and March&nbsp;7, 2008 (with
regard to Item&nbsp;8.01), March&nbsp;11, 2008 (with regard to Items 1.01, 1.02, 5.02 and 9.01),
March&nbsp;25, 2008 (with regard to Item&nbsp;7.01) and April 24,
2008 (with regard to Items 1.01, 2.01, 3.02, 8.01 and 9.01);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended (the &#147;Exchange Act&#148;) since the end of the fiscal year covered by
the registrant document referred to in (i)&nbsp;above; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(iv)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The description of the common stock contained in Lighting Science&#146;s Registration
Statement on Form SB-2 filed with the Commission on April&nbsp;11,
2007 (Commission File No.
333-142018) and updated by Lighting Science&#146;s Post-Effective Amendment to Form S-1 filed
with the Commission on February&nbsp;12, 2008 (Commission File No.&nbsp;0-20354).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by Lighting Science with the Commission pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from
the date such documents are filed. Any statement contained herein or in any document incorporated
or deemed to be incorporated herein by reference shall be deemed to be modified or superseded for
purposes of this registration statement to the extent that a statement contained in any other
subsequently filed document which also is or is deemed to be incorporated herein by reference
modifies or supersedes such statement. Any such statement so modified or superseded shall not be
deemed to constitute a part of this registration statement, except as so modified or superseded.
</DIV>
<!-- link1 "Item&nbsp;4. Description of Securities" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<!-- link1 "Item&nbsp;5. Interests of Named Experts and Counsel" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<!-- link1 "Item&nbsp;6. Indemnification of Directors and Officers" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;Lighting Science&#146;s Amended and Restated Certificate of Incorporation (the &#147;Certificate of
Incorporation&#148;), in accordance with Section&nbsp;102(b)(7) of the General Corporation Law of the State
of Delaware (&#147;Delaware Code&#148;), provides that no director of Lighting Science will be personally
liable to Lighting Science or any of its stockholders or to other security holders for monetary
damages arising from the director&#146;s breach of fiduciary duty as a director. However, this does not
apply with respect to liability for monetary damages for (i)&nbsp;any breach of his duty of loyalty to
Lighting Science or its stockholders or to other security holders; (ii)&nbsp;acts or omissions of the
director not in good faith or which involve intentional misconduct or a knowing violation of the
law by such director; (iii)&nbsp;acts by such director as specified by the Delaware Code; or (iv)&nbsp;any
transaction for which such director derived an improper personal benefit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amended and Restated Bylaws of Lighting Science (&#147;Bylaws&#148;) provide that Lighting Science
shall indemnify its directors, officers, employees or agents, former directors, officers, employees
or agents, or any person who may have served at its request as a
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">director, officer, employee, agent, fiduciary or trustee of another corporation, partnership,
joint venture, trust, employee benefit plan or other entity or enterprise, against expenses
actually and necessarily incurred in connection with the defense of any action, suit, or proceeding
in which they, or any of them, were made parties, or a party, by reason of being or having been
directors, officers, employees or agents, or a director, officer, employee or agent of Lighting
Science, or of such other corporation, including such fiduciary or trustee capacity as described
above, except in relation to matters as to which any such director, officer, employee, agent or
person shall have been adjudged in such action, suit, or proceeding to (i)&nbsp;have not acted in good
faith or in a manner in which such director, officer, employee, agent or person reasonably believed
to be in the best interests, or not opposed to the interests, of Lighting Science, or such other
corporation (or in an action with respect to an employee benefit plan, in the interests of the
participants and beneficiaries of the plan), (ii)&nbsp;with respect to a criminal proceeding, if such
director, officer, employee, agent or person had reasonable cause to believe such conduct was
unlawful, (iii)&nbsp;with respect to any proceeding by or in the right of Lighting Science to procure a
judgment in its favor, if such director, officer, employee, agent or person is adjudged to be
liable to Lighting Science, except as may be otherwise ordered by the Delaware Court of Chancery or
the court in which such proceeding was brought, or (iv)&nbsp;to the extent that indemnification has been
determined by a court to be unlawful. Such indemnification shall not be deemed exclusive of any
other rights to which those indemnified may be entitled, independently of the Bylaws, by statute,
agreement, vote of stockholders or disinterested directors or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the provisions of Section&nbsp;145 of the Delaware Code, Lighting Science has the power
to indemnify any person who was or is a party or is threatened to be made a party to any
threatened, pending, or completed action, suit, or proceeding, whether civil, criminal,
administrative or investigative (other than an action by or in the right of Lighting Science) by
reason of the fact that he is or was a director, officer, employee, or agent of Lighting Science,
or is or was serving at the request of Lighting Science as a director, officer, employee or agent
of another corporation or enterprise, against expenses (including attorneys&#146; fees), judgments,
fines and amounts paid in settlement actually and reasonably incurred in connection with such
action, suit, or proceeding, <I>provided</I>, <I>however</I>, that Lighting Science shall indemnify any such
person in connection with an action, suit or proceeding stated above and initiated by such person
only if such action, suit or proceeding was authorized by Lighting Science&#146;s board of directors.
The power to indemnify applies only if such person acted in good faith and in a manner he
reasonably believed to be in the best interest, or not opposed to the best interest, of Lighting
Science and with respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The power to indemnify applies to actions brought by or in the right of Lighting Science to
procure a judgment in its favor by reason of the fact that such person acted in any of the
capacities set forth above, against such expenses actually and reasonably incurred by such person
in connection with the defense or settlement of such action or suit if he acted under similar
standards, except that in such actions no indemnification shall be made in the event of any
adjudication of liability unless and only to the extent that the Court of Chancery or court in
which such action or suit was brought shall determine upon application that, despite the
adjudication of liability but in view of all the circumstances of the case, such person is fairly
and reasonably entitled to indemnification.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To the extent a present or former director or officer of Lighting Science has been successful
on the merits or otherwise in defense of any action, suit or proceeding referred to above, or in
defense of any claim, issue or matter therein, such person shall be indemnified against expenses
(including attorneys&#146; fees) actually and reasonably incurred by such person in connection
therewith.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The statute further specifically provides that the indemnification authorized thereby shall
not be deemed exclusive of any other rights to which any such officer or director may be entitled
under any bylaws, agreements, vote of stockholders or disinterested directors, or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers or persons controlling Lighting Science pursuant to the foregoing
provisions, Lighting Science has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and is therefore
unenforceable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;Lighting Science has purchased a directors &#038; officers insurance policy on behalf of its
directors.
</DIV>
<!-- link1 "Item&nbsp;7. Exemption from Registration Claimed" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "Item&nbsp;8. Exhibits" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits.</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>No</B>.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Securities Purchase Agreement dated as of May&nbsp;12, 2005, by and among Lighting
Science Group Corporation and the purchasers set forth on Exhibit&nbsp;A thereto
(previously filed as Exhibit&nbsp;99.2 to the Current Report on Form&nbsp;8-K filed on
May&nbsp;16, 2005, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant granted pursuant to the Securities Purchase Agreement dated as
of May&nbsp;12, 2005 (previously filed as Exhibit&nbsp;99.3 to the Current Report on
Form&nbsp;8-K filed on May&nbsp;16, 2005, File No.&nbsp;0-20354, and incorporated herein by
reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant issued to certain directors, officers and security holders as
consideration for providing guarantees pursuant to the Line of Credit
(previously filed as Exhibit&nbsp;10.1 to the Current Report on Form&nbsp;8-K filed on
September&nbsp;22, 2006, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Amended and Restated Certificate of Designation of 6% Convertible Preferred
Stock (previously filed as Exhibit&nbsp;4.1 to the Current Report on Form&nbsp;8-K filed
on January&nbsp;9, 2007, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Securities Purchase Agreement, dated as of March&nbsp;9, 2007 among Lighting
Science Group Corporation and the purchasers identified on the signature pages
thereto (previously filed as Exhibit&nbsp;10.1 to the Current Report on Form&nbsp;8-K
filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and incorporated herein by
reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant A, dated March&nbsp;9, 2007 (previously filed as Exhibit&nbsp;10.2 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.7
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant B, dated March&nbsp;9, 2007 (previously filed as Exhibit&nbsp;10.3 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.8
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant, dated <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 2007 (previously filed as Exhibit&nbsp;10.4 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.9
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Certificate of Designation of Series&nbsp;B Stock (previously filed as Exhibit&nbsp;4.2
to the Current Report on Form&nbsp;8-K filed on October&nbsp;11, 2007, File No.&nbsp;0-20354,
and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.10
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Stockholder Voting Agreement dated October&nbsp;4, 2007 among the Company, LED
Holdings LLC, Ronald Lusk, Robert Bachman, Daryl Snadon and Donald Harkleroad
(previously filed as Exhibit&nbsp;4.4 to the Current Report on Form&nbsp;8-K filed on
October&nbsp;11, 2007, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.11
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Amended and Restated Registration Rights Agreement, dated April 22, 2008, by and among
Lighting Science Group Corporation, C. van de Vrie Holding B.V., W. van de
Vrie Holding B.V., R.Q. van de Vrie Holding B.V. and Q. van de Vrie Jr.
Holding B.V., Y.B. van de Vrie Holding B.V. and LED Holdings LLC
(previously filed as Exhibit 4.1 to the Current Report
on Form 8-K filed on April 24, 2008, File No. 0-20354, and incorporated by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.12
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Stock Subscription Agreement, dated as of April 22,
2008, by and among Lighting Science Group Corporation,
LED Holdings LLC and PP IV LED LLC. (previously filed as Exhibit 4.2 to the Current
Report on Form 8-K filed on April 24, 2008.
File No. 0-20354, and incorporated by reference). </TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.13*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science
Group Corporation 2005 Equity-Based Compensation Plan Stock Option Agreement,
dated <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> ,
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.14*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Employee Incentive Stock Option Agreement,
dated
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
,
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.15*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Restricted Stock Award Agreement,
dated <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> ,
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Opinion and Consent of Haynes and Boone, LLP.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Consent of Haynes and Boone, LLP (Included in Exhibit&nbsp;5.1).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Consent of Turner, Stone &#038; Company, L.L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Powers of Attorney (included on signature page to this registration statement).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Each document marked with an asterisk is filed herewith.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">






<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant will submit or has submitted the plan and any amendment thereto to the Internal
Revenue Service (&#147;IRS&#148;) in a timely manner and has made or will make all changes required by the
IRS in order to qualify the plan.
</DIV>
<!-- link1 "Item&nbsp;9. Undertakings" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned registrant hereby undertakes:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set forth
in the registration statement. Notwithstanding the foregoing, any increase or decrease in
volume of securities offered (if the total dollar value of securities offered would not
exceed that which was registered) and any deviation from the low or high end of the estimated
maximum offering range may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no
more than a 20% change in the maximum aggregate offering price set forth in the &#147;Calculation
of Registration Fee&#148; table in the effective registration statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to such information
in the registration statement;
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the registrant pursuant to section 13 or
section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned registrant hereby undertakes that, for the purposes of determining any
liability under the Securities Act, each filing of the registrant&#146;s annual report pursuant to
section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to section 15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->5<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 " SIGNATURES" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Dallas, State of Texas, on the
2<sup>nd</sup> day of May, 2008.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>LIGHTING SCIENCE GROUP CORPORATION</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Govi Rao
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Govi Rao&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Executive Officer and
Chairman of the Board&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that the undersigned officers and directors of Lighting
Science Group Corporation, a Delaware corporation, do hereby constitute and appoint Govi Rao and
Stephen A. Hamilton, and each of them, their true and lawful attorneys-in-fact and agents or
attorney-in-fact and agent, with power and authority to do any and all acts and things and to
execute any and all instruments which said attorneys and agents, and any one of them, determine may
be necessary or advisable or required to enable said corporation to comply with the Securities Act
of 1933, as amended, and any rules and regulations or requirements of the Securities and Exchange
Commission in connection with this registration statement. Without limiting the generality of the
foregoing power and authority, the powers granted include the full power of substitution and
resubstitution, for them and in their name, place and stead, in any and all capacities, the power
and authority to sign the names of the undersigned officers and directors in the capacities
indicated below to this registration statement, to any and all amendments (including any
post-effective amendments) and supplements thereto, and to any and all instruments or documents
filed as part or in connection with this registration statement, and each of the undersigned hereby
ratifies and confirms all that said attorneys and agents, or any of them, shall do or cause to be
done by virtue hereof. The Power of Attorney may be signed in several counterparts.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Act, this registration statement has been signed
below by the following persons and in the following capacities on
May&nbsp;2, 2008.</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="35%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Capacity in which Signed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Date</B></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="5" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Govi Rao
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Govi Rao
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Stephen Hamilton
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Stephen Hamilton
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Vice President &#151; Finance
(Principal Financial and Accounting Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Robert E. Bachman
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Robert E. Bachman
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ David Bell
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
David Bell
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Donald R. Harkleroad
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Donald R. Harkleroad
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Richard Kelson
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Richard Kelson
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Bonnie Reiss
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Bonnie Reiss
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->6<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="35%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>

<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Capacity in which Signed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Daryl N. Snadon
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Daryl N. Snadon
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Richard Weinberg
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Richard Weinberg
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May&nbsp;2, 2008</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->7<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 " EXHIBIT INDEX" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>No</B>.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Securities Purchase Agreement dated as of May&nbsp;12, 2005, by and among Lighting
Science Group Corporation and the purchasers set forth on Exhibit&nbsp;A thereto
(previously filed as Exhibit&nbsp;99.2 to the Current Report on Form&nbsp;8-K filed on
May&nbsp;16, 2005, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant granted pursuant to the Securities Purchase Agreement dated as
of May&nbsp;12, 2005 (previously filed as Exhibit&nbsp;99.3 to the Current Report on
Form&nbsp;8-K filed on May&nbsp;16, 2005, File No.&nbsp;0-20354, and incorporated herein by
reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant issued to certain directors, officers and security holders as
consideration for providing guarantees pursuant to the Line of Credit
(previously filed as Exhibit&nbsp;10.1 to the Current Report on Form&nbsp;8-K filed on
September&nbsp;22, 2006, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Amended and Restated Certificate of Designation of 6% Convertible Preferred
Stock (previously filed as Exhibit&nbsp;4.1 to the Current Report on Form&nbsp;8-K filed
on January&nbsp;9, 2007, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Securities Purchase Agreement, dated as of March&nbsp;9, 2007 among Lighting
Science Group Corporation and the purchasers identified on the signature pages
thereto (previously filed as Exhibit&nbsp;10.1 to the Current Report on Form&nbsp;8-K
filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and incorporated herein by
reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant A, dated March&nbsp;9, 2007 (previously filed as Exhibit&nbsp;10.2 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.7
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant B, dated March&nbsp;9, 2007 (previously filed as Exhibit&nbsp;10.3 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.8
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Warrant, dated <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 2007 (previously filed as Exhibit&nbsp;10.4 to
the Current Report on Form&nbsp;8-K filed on March&nbsp;12, 2007, File No.&nbsp;0-20354, and
incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.9
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Certificate of Designation of Series&nbsp;B Stock (previously filed as Exhibit&nbsp;4.2
to the Current Report on Form&nbsp;8-K filed on October&nbsp;11, 2007, File No.&nbsp;0-20354,
and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.10
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Stockholder Voting Agreement dated October&nbsp;4, 2007 among the Company, LED
Holdings LLC, Ronald Lusk, Robert Bachman, Daryl Snadon and Donald Harkleroad
(previously filed as Exhibit&nbsp;4.4 to the Current Report on Form&nbsp;8-K filed on
October&nbsp;11, 2007, File No.&nbsp;0-20354, and incorporated herein by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.11
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Amended and Restated Registration Rights Agreement, dated April 22, 2008, by and among
Lighting Science Group Corporation, C. van de Vrie Holding B.V., W. van de
Vrie Holding B.V., R.Q. van de Vrie Holding B.V. and Q. van de Vrie Jr.
Holding B.V., Y.B. van de Vrie Holding B.V. and LED Holdings LLC
 (previously filed as Exhibit 4.1 to the Current Report on Form 8-K filed on April 24, 2008,
File No. 0-20354, and incorporated by reference).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.12
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Stock Subscription Agreement, dated as of April 22, 2008, by and among Lighting Science Group Corporation,
LED Holdings LLC and PP IV LED LLC (previously filed as Exhibit 4.2 to the Current Report on Form 8-K filed on April 24, 2008.
File No. 0-20354, and incorporated by reference). </TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.13*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Stock Option Agreement,
dated <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> ,
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.14*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Employee Incentive Stock Option Agreement,
dated <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> ,
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.15*</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Restricted Stock Award Agreement, dated
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> ,
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</TD>
</TR>

<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Opinion and Consent of Haynes and Boone, LLP.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Consent of Haynes and Boone, LLP (Included in Exhibit&nbsp;5.1).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Consent of Turner, Stone &#038; Company, L.L.P.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="bottom">Powers of Attorney (included on signature page to this registration statement).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Each document marked with an asterisk is filed herewith.</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->8<!-- /Folio -->
</DIV>



</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "d55961sv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 73338}]
{"company-data": {"conformed-name": "LIGHTING SCIENCE GROUP CORP", "cik": "0000866970", "assigned-sic": "3640", "irs-number": "232596710", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-150628", "film-number": "08800409"}, "business-address": {"street1": "2100 MCKINNEY AVENUE", "street2": "SUITE 1555", "city": "DALLAS", "state": "TX", "zip": "75201", "phone": "2143823630"}, "mail-address": {"street1": "2100 MCKINNEY AVENUE", "street2": "SUITE 1555", "city": "DALLAS", "state": "TX", "zip": "75201"}, "former-company": [{"former-conformed-name": "PHOENIX GROUP CORP", "date-changed": "20001130"}, {"former-conformed-name": "PHOENIX HEATHCARE CORP", "date-changed": "19990519"}, {"former-conformed-name": "IATROS HEALTH NETWORK INC", "date-changed": "19941221"}]}
sv8
As filed
with the Securities and Exchange Commission on May 2, 2008
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
LIGHTING SCIENCE GROUP CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
23-2596710
(State or other jurisdiction of
(I.R.S. Employer Identification No.)
incorporation or organization)
2100 McKinney Avenue, Suite 1515
Dallas, Texas
75201
(Address of Principal Executive Offices)
(Zip Code)
Lighting Science Group Corporation 2005 Equity-Based Compensation Plan
(Full Title of Plan)
Govi Rao
Chief Executive Officer
Lighting Science Group Corporation
2100 McKinney Avenue, Suite 1515
Dallas, Texas 75201
(Name and address of agent for service)
(214) 382-3630
(Telephone number, including area code, of agent for service)
with copies of communications to:
Gregory R. Samuel
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5645
(214) 200-0577 (fax)
Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company.
See the definitions of "large accelerated filer,"
"accelerated filer" and
" smaller reporting company" in Rule 12b-2 of the Exchange
Act. (Check one):
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
o
(Do not check if a smaller reporting company)
Smaller reporting company
þ
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
maximum
maximum
Amount of
Title of securities
Amount to be
offering price
aggregate offering
registration fee
to be registered
registered (1)
per share (2)
price (2)
(2)
Common Stock, $0.001 par value
1,510,250
$5.50
$8,306,375
$326.44
(1)
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities
Act"), this registration statement shall, unless otherwise expressly provided, be deemed to
cover the additional securities that may be (i) offered, issued, or sold in connection with
any provision(s) of the employee benefit plan(s) described herein that provide for a change
in the amount of securities being offered, issued, or sold to prevent dilution resulting
from stock splits, stock dividends, or similar or other transactions or (ii) issuable or
issued as a result of a split of, or a stock dividend on, the registered securities prior
to completion of the distribution of the securities covered by this registration statement.
(2)
The proposed maximum offering price per share and the proposed maximum aggregate
offering price have been estimated solely for the purpose of calculating the registration
fee pursuant to paragraphs (c) and (h)(1) of Rule 457 promulgated under the Securities Act,
based upon the average of the high and low prices of the Common Stock as reported on the
OTC Bulletin Board on May 1, 2008.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part I of Form S-8 will be sent or given
to participants in the Lighting Science Group Corporation 2005 Equity-Based Compensation Plan, as
amended (the "Plan"), as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended
(the "Securities Act"). In accordance with the instructions to Part I of Form S-8 such documents
will not be filed with the Securities and Exchange Commission (the "Commission"). These documents
and the documents incorporated by reference pursuant to Item 3 of Part II hereof, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Lighting Science Group Corporation ("Lighting Science") hereby incorporates herein by
reference the following documents previously filed with the Commission:
(i)
Lighting Science's Annual Report on Form 10-K for the year ended December 31, 2007,
filed with the Commission on March 31, 2008;
(ii)
Lighting Science's current reports on Form 8-K filed with the Commission on February
12, 2008 (with regard to Items 5.02 and 9.01), February 29, 2008 and March 7, 2008 (with
regard to Item 8.01), March 11, 2008 (with regard to Items 1.01, 1.02, 5.02 and 9.01),
March 25, 2008 (with regard to Item 7.01) and April 24,
2008 (with regard to Items 1.01, 2.01, 3.02, 8.01 and 9.01);
(iii)
All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended (the "Exchange Act") since the end of the fiscal year covered by
the registrant document referred to in (i) above; and
(iv)
The description of the common stock contained in Lighting Science's Registration
Statement on Form SB-2 filed with the Commission on April 11,
2007 (Commission File No.
333-142018) and updated by Lighting Science's Post-Effective Amendment to Form S-1 filed
with the Commission on February 12, 2008 (Commission File No. 0-20354).
All documents subsequently filed by Lighting Science with the Commission pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from
the date such documents are filed. Any statement contained herein or in any document incorporated
or deemed to be incorporated herein by reference shall be deemed to be modified or superseded for
purposes of this registration statement to the extent that a statement contained in any other
subsequently filed document which also is or is deemed to be incorporated herein by reference
modifies or supersedes such statement. Any such statement so modified or superseded shall not be
deemed to constitute a part of this registration statement, except as so modified or superseded.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
(i) Lighting Science's Amended and Restated Certificate of Incorporation (the "Certificate of
Incorporation"), in accordance with Section 102(b)(7) of the General Corporation Law of the State
of Delaware ("Delaware Code"), provides that no director of Lighting Science will be personally
liable to Lighting Science or any of its stockholders or to other security holders for monetary
damages arising from the director's breach of fiduciary duty as a director. However, this does not
apply with respect to liability for monetary damages for (i) any breach of his duty of loyalty to
Lighting Science or its stockholders or to other security holders; (ii) acts or omissions of the
director not in good faith or which involve intentional misconduct or a knowing violation of the
law by such director; (iii) acts by such director as specified by the Delaware Code; or (iv) any
transaction for which such director derived an improper personal benefit.
The Amended and Restated Bylaws of Lighting Science ("Bylaws") provide that Lighting Science
shall indemnify its directors, officers, employees or agents, former directors, officers, employees
or agents, or any person who may have served at its request as a
2
director, officer, employee, agent, fiduciary or trustee of another corporation, partnership,
joint venture, trust, employee benefit plan or other entity or enterprise, against expenses
actually and necessarily incurred in connection with the defense of any action, suit, or proceeding
in which they, or any of them, were made parties, or a party, by reason of being or having been
directors, officers, employees or agents, or a director, officer, employee or agent of Lighting
Science, or of such other corporation, including such fiduciary or trustee capacity as described
above, except in relation to matters as to which any such director, officer, employee, agent or
person shall have been adjudged in such action, suit, or proceeding to (i) have not acted in good
faith or in a manner in which such director, officer, employee, agent or person reasonably believed
to be in the best interests, or not opposed to the interests, of Lighting Science, or such other
corporation (or in an action with respect to an employee benefit plan, in the interests of the
participants and beneficiaries of the plan), (ii) with respect to a criminal proceeding, if such
director, officer, employee, agent or person had reasonable cause to believe such conduct was
unlawful, (iii) with respect to any proceeding by or in the right of Lighting Science to procure a
judgment in its favor, if such director, officer, employee, agent or person is adjudged to be
liable to Lighting Science, except as may be otherwise ordered by the Delaware Court of Chancery or
the court in which such proceeding was brought, or (iv) to the extent that indemnification has been
determined by a court to be unlawful. Such indemnification shall not be deemed exclusive of any
other rights to which those indemnified may be entitled, independently of the Bylaws, by statute,
agreement, vote of stockholders or disinterested directors or otherwise.
Pursuant to the provisions of Section 145 of the Delaware Code, Lighting Science has the power
to indemnify any person who was or is a party or is threatened to be made a party to any
threatened, pending, or completed action, suit, or proceeding, whether civil, criminal,
administrative or investigative (other than an action by or in the right of Lighting Science) by
reason of the fact that he is or was a director, officer, employee, or agent of Lighting Science,
or is or was serving at the request of Lighting Science as a director, officer, employee or agent
of another corporation or enterprise, against expenses (including attorneys' fees), judgments,
fines and amounts paid in settlement actually and reasonably incurred in connection with such
action, suit, or proceeding,
provided
,
however
, that Lighting Science shall indemnify any such
person in connection with an action, suit or proceeding stated above and initiated by such person
only if such action, suit or proceeding was authorized by Lighting Science's board of directors.
The power to indemnify applies only if such person acted in good faith and in a manner he
reasonably believed to be in the best interest, or not opposed to the best interest, of Lighting
Science and with respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful.
The power to indemnify applies to actions brought by or in the right of Lighting Science to
procure a judgment in its favor by reason of the fact that such person acted in any of the
capacities set forth above, against such expenses actually and reasonably incurred by such person
in connection with the defense or settlement of such action or suit if he acted under similar
standards, except that in such actions no indemnification shall be made in the event of any
adjudication of liability unless and only to the extent that the Court of Chancery or court in
which such action or suit was brought shall determine upon application that, despite the
adjudication of liability but in view of all the circumstances of the case, such person is fairly
and reasonably entitled to indemnification.
To the extent a present or former director or officer of Lighting Science has been successful
on the merits or otherwise in defense of any action, suit or proceeding referred to above, or in
defense of any claim, issue or matter therein, such person shall be indemnified against expenses
(including attorneys' fees) actually and reasonably incurred by such person in connection
therewith.
The statute further specifically provides that the indemnification authorized thereby shall
not be deemed exclusive of any other rights to which any such officer or director may be entitled
under any bylaws, agreements, vote of stockholders or disinterested directors, or otherwise.
Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers or persons controlling Lighting Science pursuant to the foregoing
provisions, Lighting Science has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and is therefore
unenforceable.
(ii) Lighting Science has purchased a directors & officers insurance policy on behalf of its
directors.
Item 7. Exemption from Registration Claimed.
Not applicable.
3
Item 8. Exhibits.
Exhibit
No
.
Description
4.1
Securities Purchase Agreement dated as of May 12, 2005, by and among Lighting
Science Group Corporation and the purchasers set forth on Exhibit A thereto
(previously filed as Exhibit 99.2 to the Current Report on Form 8-K filed on
May 16, 2005, File No. 0-20354, and incorporated herein by reference).
4.2
Form of Warrant granted pursuant to the Securities Purchase Agreement dated as
of May 12, 2005 (previously filed as Exhibit 99.3 to the Current Report on
Form 8-K filed on May 16, 2005, File No. 0-20354, and incorporated herein by
reference).
4.3
Form of Warrant issued to certain directors, officers and security holders as
consideration for providing guarantees pursuant to the Line of Credit
(previously filed as Exhibit 10.1 to the Current Report on Form 8-K filed on
September 22, 2006, File No. 0-20354, and incorporated herein by reference).
4.4
Amended and Restated Certificate of Designation of 6% Convertible Preferred
Stock (previously filed as Exhibit 4.1 to the Current Report on Form 8-K filed
on January 9, 2007, File No. 0-20354, and incorporated herein by reference).
4.5
Securities Purchase Agreement, dated as of March 9, 2007 among Lighting
Science Group Corporation and the purchasers identified on the signature pages
thereto (previously filed as Exhibit 10.1 to the Current Report on Form 8-K
filed on March 12, 2007, File No. 0-20354, and incorporated herein by
reference).
4.6
Form of Warrant A, dated March 9, 2007 (previously filed as Exhibit 10.2 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.7
Form of Warrant B, dated March 9, 2007 (previously filed as Exhibit 10.3 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.8
Form of Warrant, dated
, 2007 (previously filed as Exhibit 10.4 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.9
Certificate of Designation of Series B Stock (previously filed as Exhibit 4.2
to the Current Report on Form 8-K filed on October 11, 2007, File No. 0-20354,
and incorporated herein by reference).
4.10
Stockholder Voting Agreement dated October 4, 2007 among the Company, LED
Holdings LLC, Ronald Lusk, Robert Bachman, Daryl Snadon and Donald Harkleroad
(previously filed as Exhibit 4.4 to the Current Report on Form 8-K filed on
October 11, 2007, File No. 0-20354, and incorporated herein by reference).
4.11
Amended and Restated Registration Rights Agreement, dated April 22, 2008, by and among
Lighting Science Group Corporation, C. van de Vrie Holding B.V., W. van de
Vrie Holding B.V., R.Q. van de Vrie Holding B.V. and Q. van de Vrie Jr.
Holding B.V., Y.B. van de Vrie Holding B.V. and LED Holdings LLC
(previously filed as Exhibit 4.1 to the Current Report
on Form 8-K filed on April 24, 2008, File No. 0-20354, and incorporated by reference).
4.12
Stock Subscription Agreement, dated as of April 22,
2008, by and among Lighting Science Group Corporation,
LED Holdings LLC and PP IV LED LLC. (previously filed as Exhibit 4.2 to the Current
Report on Form 8-K filed on April 24, 2008.
File No. 0-20354, and incorporated by reference).
4.13*
Form of Lighting Science
Group Corporation 2005 Equity-Based Compensation Plan Stock Option Agreement,
dated
,
.
4.14*
Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Employee Incentive Stock Option Agreement,
dated
,
.
4.15*
Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Restricted Stock Award Agreement,
dated
,
.
5.1*
Opinion and Consent of Haynes and Boone, LLP.
23.1
Consent of Haynes and Boone, LLP (Included in Exhibit 5.1).
23.2*
Consent of Turner, Stone & Company, L.L.P.
24.1*
Powers of Attorney (included on signature page to this registration statement).
*
Each document marked with an asterisk is filed herewith.
4
The registrant will submit or has submitted the plan and any amendment thereto to the Internal
Revenue Service ("IRS") in a timely manner and has made or will make all changes required by the
IRS in order to qualify the plan.
Item 9. Undertakings.
(a) The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the effective date
of the registration statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the information set forth
in the registration statement. Notwithstanding the foregoing, any increase or decrease in
volume of securities offered (if the total dollar value of securities offered would not
exceed that which was registered) and any deviation from the low or high end of the estimated
maximum offering range may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no
more than a 20% change in the maximum aggregate offering price set forth in the "Calculation
of Registration Fee" table in the effective registration statement;
(iii) To include any material information with respect to the plan of distribution not
previously disclosed in the registration statement or any material change to such information
in the registration statement;
provided, however
, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the registrant pursuant to section 13 or
section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for the purposes of determining any
liability under the Securities Act, each filing of the registrant's annual report pursuant to
section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of the Securities Act, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Dallas, State of Texas, on the
2
nd
day of May, 2008.
LIGHTING SCIENCE GROUP CORPORATION
By:
/s/ Govi Rao
Govi Rao
Chief Executive Officer and
Chairman of the Board
KNOW ALL MEN BY THESE PRESENTS, that the undersigned officers and directors of Lighting
Science Group Corporation, a Delaware corporation, do hereby constitute and appoint Govi Rao and
Stephen A. Hamilton, and each of them, their true and lawful attorneys-in-fact and agents or
attorney-in-fact and agent, with power and authority to do any and all acts and things and to
execute any and all instruments which said attorneys and agents, and any one of them, determine may
be necessary or advisable or required to enable said corporation to comply with the Securities Act
of 1933, as amended, and any rules and regulations or requirements of the Securities and Exchange
Commission in connection with this registration statement. Without limiting the generality of the
foregoing power and authority, the powers granted include the full power of substitution and
resubstitution, for them and in their name, place and stead, in any and all capacities, the power
and authority to sign the names of the undersigned officers and directors in the capacities
indicated below to this registration statement, to any and all amendments (including any
post-effective amendments) and supplements thereto, and to any and all instruments or documents
filed as part or in connection with this registration statement, and each of the undersigned hereby
ratifies and confirms all that said attorneys and agents, or any of them, shall do or cause to be
done by virtue hereof. The Power of Attorney may be signed in several counterparts.
Pursuant to the requirements of the Securities Act, this registration statement has been signed
below by the following persons and in the following capacities on
May 2, 2008.
Signature
Capacity in which Signed
Date
/s/ Govi Rao
Govi Rao
Chairman of the Board and
Chief Executive Officer
(Principal Executive Officer)
May 2, 2008
/s/ Stephen Hamilton
Stephen Hamilton
Vice President — Finance
(Principal Financial and Accounting Officer)
May 2, 2008
/s/ Robert E. Bachman
Robert E. Bachman
Director
May 2, 2008
/s/ David Bell
David Bell
Director
May 2, 2008
/s/ Donald R. Harkleroad
Donald R. Harkleroad
Director
May 2, 2008
/s/ Richard Kelson
Richard Kelson
Director
May 2, 2008
/s/ Bonnie Reiss
Bonnie Reiss
Director
May 2, 2008
6
Signature
Capacity in which Signed
Date
/s/ Daryl N. Snadon
Daryl N. Snadon
Director
May 2, 2008
/s/ Richard Weinberg
Richard Weinberg
Director
May 2, 2008
7
EXHIBIT INDEX
Exhibit
No
.
Description
4.1
Securities Purchase Agreement dated as of May 12, 2005, by and among Lighting
Science Group Corporation and the purchasers set forth on Exhibit A thereto
(previously filed as Exhibit 99.2 to the Current Report on Form 8-K filed on
May 16, 2005, File No. 0-20354, and incorporated herein by reference).
4.2
Form of Warrant granted pursuant to the Securities Purchase Agreement dated as
of May 12, 2005 (previously filed as Exhibit 99.3 to the Current Report on
Form 8-K filed on May 16, 2005, File No. 0-20354, and incorporated herein by
reference).
4.3
Form of Warrant issued to certain directors, officers and security holders as
consideration for providing guarantees pursuant to the Line of Credit
(previously filed as Exhibit 10.1 to the Current Report on Form 8-K filed on
September 22, 2006, File No. 0-20354, and incorporated herein by reference).
4.4
Amended and Restated Certificate of Designation of 6% Convertible Preferred
Stock (previously filed as Exhibit 4.1 to the Current Report on Form 8-K filed
on January 9, 2007, File No. 0-20354, and incorporated herein by reference).
4.5
Securities Purchase Agreement, dated as of March 9, 2007 among Lighting
Science Group Corporation and the purchasers identified on the signature pages
thereto (previously filed as Exhibit 10.1 to the Current Report on Form 8-K
filed on March 12, 2007, File No. 0-20354, and incorporated herein by
reference).
4.6
Form of Warrant A, dated March 9, 2007 (previously filed as Exhibit 10.2 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.7
Form of Warrant B, dated March 9, 2007 (previously filed as Exhibit 10.3 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.8
Form of Warrant, dated
, 2007 (previously filed as Exhibit 10.4 to
the Current Report on Form 8-K filed on March 12, 2007, File No. 0-20354, and
incorporated herein by reference).
4.9
Certificate of Designation of Series B Stock (previously filed as Exhibit 4.2
to the Current Report on Form 8-K filed on October 11, 2007, File No. 0-20354,
and incorporated herein by reference).
4.10
Stockholder Voting Agreement dated October 4, 2007 among the Company, LED
Holdings LLC, Ronald Lusk, Robert Bachman, Daryl Snadon and Donald Harkleroad
(previously filed as Exhibit 4.4 to the Current Report on Form 8-K filed on
October 11, 2007, File No. 0-20354, and incorporated herein by reference).
4.11
Amended and Restated Registration Rights Agreement, dated April 22, 2008, by and among
Lighting Science Group Corporation, C. van de Vrie Holding B.V., W. van de
Vrie Holding B.V., R.Q. van de Vrie Holding B.V. and Q. van de Vrie Jr.
Holding B.V., Y.B. van de Vrie Holding B.V. and LED Holdings LLC
 (previously filed as Exhibit 4.1 to the Current Report on Form 8-K filed on April 24, 2008,
File No. 0-20354, and incorporated by reference).
4.12
Stock Subscription Agreement, dated as of April 22, 2008, by and among Lighting Science Group Corporation,
LED Holdings LLC and PP IV LED LLC (previously filed as Exhibit 4.2 to the Current Report on Form 8-K filed on April 24, 2008.
File No. 0-20354, and incorporated by reference).
4.13*
Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Stock Option Agreement,
dated
,
.
4.14*
Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Employee Incentive Stock Option Agreement,
dated
,
.
4.15*
Form of Lighting Science Group Corporation 2005
Equity-Based Compensation Plan Restricted Stock Award Agreement, dated
,
.
5.1*
Opinion and Consent of Haynes and Boone, LLP.
23.1
Consent of Haynes and Boone, LLP (Included in Exhibit 5.1).
23.2*
Consent of Turner, Stone & Company, L.L.P.
24.1*
Powers of Attorney (included on signature page to this registration statement).
*
Each document marked with an asterisk is filed herewith.
8