Document:

Exhibit

NVIDIA CORPORATION
FISCAL YEAR 2017 VARIABLE COMPENSATION PLAN
    
Overview
    
The compensation philosophy of NVIDIA Corporation (the “Company”) is to attract, motivate, retain and reward its management through a combination of base salary and performance based compensation.  Certain Senior Officers, as defined below (collectively, the “Participants”), who are employed at the Company during fiscal year 2017 and, unless otherwise determined by the Compensation Committee (the “Committee”), are employees of the Company through the date that any amounts earned hereunder are paid, will be eligible to earn compensation under the Fiscal Year 2017 Variable Compensation Plan (the “Plan”).  The Plan is designed to award compensation for performance in fiscal year 2017 to a Participant if the Company achieves certain corporate performance goals (the “Performance Goals”).
    
For purposes of the Plan, only the Company’s chief executive officer, chief financial officer and other named executive officers shall be considered “Senior Officers.”  The Committee shall determine the persons to be specified as Senior Officers for purposes of this Plan and the Senior Officers who may be Participants hereunder.
    
Determination of Fiscal Year 2017 Payments
    
Each Participant is eligible to earn compensation under the Plan for fiscal year 2017 at a specified target amount (the “Target Payment Amount”) if the Company achieves its Performance Goals at a specified target level.  A Participant’s Target Payment Amount is based on the difficulty and responsibility of each position.  For fiscal year 2017, each Participant’s Target Payment Amount will be entirely allocated to the achievement of the Performance Goals.  The actual amount of compensation that may be earned by and paid to each Participant under the Plan for fiscal year 2017 (the “Actual Payment Amount”) may be more or less than his or her Target Payment Amount as described more fully below.

The Committee has set the Performance Goals for the Participants based on achievement of fiscal year 2017 revenue at specified threshold, target and stretch levels (the “Threshold,” “Target Compensation Plan” and “Stretch Operating Plan,” respectively).  For purposes of the Plan, revenue, or “Actual Result,” is defined as revenue, as reported in the Company’s earnings release for fiscal year 2017. 
The Actual Payment Amount for each Participant shall be determined pursuant to the following:
		
	•
	If the Actual Result is less than the Threshold, a Participant will not earn any Actual Payment Amount.

		
	•
	If the Actual Result equals the Threshold, each Participant may earn an Actual Payment Amount equal to 50% of his or her Target Payment Amount.

		
	•
	If the Actual Result exceeds the Threshold but is less than the Target Compensation Plan, each Participant may earn an Actual Payment Amount pursuant to the formula set forth below:

Actual Payment Amount  =  [((Actual Result - Threshold) / (Target Compensation Plan - Threshold)) * 50%) + 50%] * Target Payment Amount
    
		
	•
	If the Actual Result equals the Target Compensation Plan, each Participant may earn an Actual Payment Amount equal to 100% of his or her Target Payment Amount.

		
	•
	If the Actual Result exceeds the Target Compensation Plan but is less than the Stretch Operating Plan, each Participant may earn an Actual Payment Amount pursuant to the formula set forth below:

 
Actual Payment Amount  =  [((Actual Result - Target Compensation Plan) / (Stretch Operating Plan - Target Compensation Plan)) + 1] * Target Payment Amount
    
		
	•
	If the Actual Result equals or exceeds the Stretch Operating Plan, each Participant may earn an Actual Payment Amount equal to two (2) times his or her Target Payment Amount.  In no event may any Participant earn an Actual Payment Amount in excess of two (2) times his or her Target Payment Amount.

    
Miscellaneous Provisions

1

    
Any payments under this Plan shall be made in the form of cash following the end of fiscal year 2017, on such schedule as may be approved by the Committee in its discretion, but in all cases in compliance with the short-term deferral exemption from Section 409A of the Internal Revenue Code of 1986, as amended.

Participation in the Plan shall not alter in any way the at will nature of the Company’s employment of a Participant, and such employment may be terminated at any time for any reason, with or without cause and with or without prior notice.
Notwithstanding whether this Plan is referenced in another agreement, policy, arrangement or other document, only the Board of Directors or the Committee may amend or terminate this Plan at any time.
Any payments or other benefits paid under this Plan shall be subject to the Company’s Clawback Policy.  By accepting any payment hereunder, the Participant agrees to be subject to the Clawback Policy.
This Plan shall be governed by and construed in accordance with the laws of the State of California, without regard to its principles of conflicts of laws.

2Exhibit

Exhibit 10.2.4

February 24, 2016
CorEnergy Infrastructure Trust, Inc.
1100 Walnut Street, Suite 3350
Kansas City, Missouri  64106

Re:    Management Fee under Management Agreement for CorEnergy Infrastructure Trust, Inc.

Ladies and Gentlemen:

Reference is made to that certain Management Agreement, dated as of May 8, 2015 and effective as of May 1, 2015, by and between CorEnergy Infrastructure Trust, Inc., a Maryland corporation (the “Company”), and Corridor InfraTrust Management, LLC, a Delaware limited liability company (the “Manager”) (as may be further amended, restated, supplemented or otherwise modified from time to time, the “Management Agreement”).  Capitalized terms used and not defined herein are used as defined in the Management Agreement.  The Company and the Manager have entered into this Letter Agreement to waive a portion of the payment right set forth in Section 8(b) of the Management Agreement applicable to the dividend paid during the calendar year ending December 31, 2015.  

This letter documents that the Manager has recommended, and the Company has agreed, that the Manager shall only be paid an Incentive Fee of $145,425 as a result of the dividend paid during the Company’s December 31, 2015 calendar year.  This agreed upon incentive fee payment constitutes a waiver by the Manager of $133,194 of Incentive Fee that would otherwise be due to the Manager from the Company.

The Company and the Manager mutually acknowledge and agree that this modification to the Incentive Fee payment right represents a discretionary action on the part of the Manager that is not required under the terms of the Management Agreement and that, except as specifically set forth herein, all other provisions of the Management Agreement shall remain in full force and effect and shall not be affected by this Letter Agreement.  Please acknowledge your agreement to the foregoing by signing this Letter Agreement as indicated below.

Very truly yours,	
		
	CORRIDOR INFRATRUST MANAGEMENT, LLC:

	 
	 

	By:
	/s/  Richard C. Green, Jr.

	 
	Name: Richard C. Green, Jr.

	 
	Title: Managing Director

Agreed and accepted:

	
		
	CORENERGY INFRASTRUCTURE TRUST, INC.:

	 
	 

	By:
	/s/  David J. Schulte

	 
	Name: David J. Schulte

	 
	Title: President

1100 Walnut Street Suite 3350 Kansas City, MO 64106 | Main: 816-875-3705 | Fax: 816-875-5875 | corenergy.corridortrust.comExhibit

EXHIBIT 10.19.3

Adopted by Board of Directors
Effective as of December 1, 2015

AMENDMENT NO. 2
TO
DIRECTOR COMPENSATION PLAN
OF
CORENERGY INFRASTRUCTURE TRUST, INC.

WHEREAS, the Director Compensation Plan (the “Director Plan”) of CorEnergy Infrastructure Trust, Inc. (the “Company”) was approved by the Company’s Board of Directors as of April 5, 2014, and was approved by stockholders at the Company’s 2014 Annual Meeting on May 28, 2014; and

WHEREAS, Amendment No. 1 to the Director Plan was approved the Board of Directors of the Company, effective as of September 15, 2014, to: (i) correct a typographical error in the introductory paragraph of the Director Plan; (ii) allow the Company the flexibility of funding the stock retainer payments called for by the Director Plan either by issuing shares of the Company’s Common Stock, par value $0.001 per share (the “Common Stock”), or by funding the acquisition of shares in the open market for a designated account for each Compensated Director (as defined in the Director Plan); and (iii) provide that the Director Plan shall have a term of ten (10) years, ending on April 1, 2024; and

WHEREAS, at a meeting held on October 28, 2015, the Board of Directors of the Company approved this further amendment to the Director Plan in conjunction with the approval of a one for five (1-for-5) reverse split of the Company’s outstanding shares of Common Stock, which will become effective as of 5:01 p.m., Eastern Time, on December 1, 2015 (the “Reverse Stock Split”); and

WHEREAS, the Board of Directors has received the advice of counsel that a further amendment of the Director Plan on the terms set forth herein should not be deemed a “material” amendment requiring the approval of the Company’s stockholders.

NOW, THEREFORE, pursuant to the action of the Board of Directors of the Company on October 28, 2015 approving this amendment in connection with the Reverse Stock Split, the Director Plan is hereby amended as follows:

Section 6 of the Director Plan is hereby deleted in its entirety and restated to read as follows:

		
	6.
	Aggregate Number of Shares Subject to the Plan. The aggregate number of shares of the Company’s common stock that may be granted to Compensated Directors pursuant to this Plan shall be 20,000 shares, subject to appropriate adjustment, as determined by the Board, in the event of any changes in the outstanding shares of the Company’s stock or in the capital structure of the Company by reason of any stock dividends, stock splits, reverse stock splits, recapitalizations, reorganizations, mergers, consolidations, combinations, exchanges, or other relevant changes in the Company’s capitalization occurring after the Effective Date.

All other terms and provisions of the Director Plan shall remain as stated therein and this Amendment No. 2 shall be effective as of 5:02 p.m., Eastern Time, on December 1, 2015.

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