Document:

Balloon Promissory Note for $1,000,000 dated July 11, 2008

 Exhibit 10.2 
 $1,000,000.00 U.S. 
 Jefferson County, Colorado 
 Date: July 14, 2008 
 THIS IS A
BALLOON NOTE AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $1,000,000.00 U.S. TOGETHER WITH ACCRUED INTEREST AND ALL ADVANCEMENTS. 
 BALLOON PROMISSORY NOTE 
 For value received, the undersigned, VCG HOLDING CORP., a Colorado corporation, with an address of 390 UNION BLVD., SUITE 540, LAKEWOOD, CO 80228 (herein “Maker” or “Makers”), hereby promises to pay to the
order of RICHARD STANTON, whose address is 150 NW 183RD STREET, SUITE 200, MIAMI, FL 33169,
(hereinafter referred to along with each subsequent holder or holders of this Promissory Note, as “Holder”), the principal sum of ONE MILLION DOLLARS ($1,000,000.00 U.S.), with interest thereon from the date or dates of disbursement
of the aforesaid principal sum, to be paid in lawful money of the United States of America, which shall be legal tender in payment of all debts and dues, public and private, at the time of payment. 
 Interest shall accrue to the outstanding principal balance of this Promissory Note (“Note”) at a rate equal to TWELVE percent
(12.0%) per annum. Interest shall be computed on the basis of actual number of days per year for the actual number of days outstanding. 
 Interest only shall be payable on the 14th day of each month commencing on the 14th day of AUGUST, 2008, and continuing on the 14th day of each month thereafter until maturity. 
 Payments in an amount equivalent to THREE PERCENT (3%) of the then outstanding
principal balance of the Note shall be payable on the 14th day of JULY, 2008, the 14th day of JULY, 2009, and 14th day of JULY, 2010. 
 The entire principal and all remaining accrued interest shall be due and payable on the 14th day of JULY, 2011 (the “Maturity Date”). 
 The payment of this Note is secured by Deeds of Trust and
Mortgages from Guarantors of this Note encumbering SIX (6) parcels of real property, recorded or to be recorded in the Public Records of Jefferson County, Kentucky, Arapahoe County, Colorado, Denver County, Colorado, St. Clair County,
Illinois, Tarrant County, Texas and Maricopa County, Arizona, together with such other instruments now or hereafter executed by Maker in favor of Holder, or contemplated to be executed by Maker in favor of Holder in connection with the loan
evidenced by this Note (“Security Documents”). Any default by Maker under the terms and conditions of the Security Documents shall constitute a default hereunder. 
  

					
	Promissory Note	  	1	  	Initials /s/ TL   _____

 In the event that title searches of the aforesaid properties reveal liens undisclosed to Holder on the
Real Estate Schedule previously delivered by Maker, the Maker shall pay down an amount equivalent to said additional liens within thirty (30) days of receipt of the title search(es), failure of which shall constitute a default hereunder.

 Payments received under this Note shall be applied (a) first to late charges and sums due and payable under this Note and the
Security Documents other than principal or interest such order as Holders may determine; (b) second, to accrued and unpaid interest; and (c) third, to principal. 
 I will make my monthly payments as follows: U.S. $10,000.00 to RICHARD STANTON,
whose address is 150 NW 183RD STREET, SUITE 200, MIAMI, FL 33169.  
 If (a) Maker fails to pay, in full, in good cleared funds, within five (5) days of when due, any installments of principal, interest or any
other sums payable under this Note; (b) Maker fails to otherwise strictly perform, comply with and abide by all Maker’s other agreements and covenants in this Note; or (c) Maker defaults in the performance of its obligations,
covenants or agreements under the Security Documents, then the entire principal sum outstanding and all accrued interest shall at once become due and payable, without notice, at the option of the Holder of this note. Failure to exercise this option
shall not constitute a waiver of the right to exercise the same at any other time. The principal of this Note, and any part thereof, and all accrued interest, if any, shall bear interest at the maximum legal rate of interest chargeable under
applicable law after maturity or default until paid. In the event there is no maximum rate applicable or in the event such maximum rate is otherwise indeterminable, it is agreed that such rate shall be eighteen percent (18%) per annum. All
parties liable for the payment of this Note agree to pay Holders hereof reasonable attorneys’ fees (including appeals) for the services of counsel employed after maturity or default to collect this Note, or to protect or enforce the security
hereto, whether or not suit is brought. 
 If Maker fails to pay any installment of principal or interest or any other sum payable under this
Note within five (5) days of when the same is due, then the Holder shall be entitled to collect a “Late Charge” in the amount of $500.00 to cover the reasonably anticipated additional costs of handling late payments. Acceptance of any
Late Charge shall not constitute a waiver of any default and shall not prevent Holder from exercising any other rights of Holder under this Note or the Security Documents. 
 I have the right to make payments of principal at any time before they are due. A payment of principal only is known as a “prepayment.” When I
make a prepayment, I will tell the Note Holders in writing that I am doing so. I may make a full prepayment or partial prepayments without paying any prepayment charge. The Note Holder will use all of my prepayments to reduce the amount of principal
that I owe under this Note. If I make a partial prepayment, there will be no changes in the due date or in the amount of my monthly interest payment unless the Note Holder agrees in writing to those changes. 
  

					
	Promissory Note	  	2	  	Initials /s/ TL   _____

 Nothing herein contained, nor any transaction related hereto, shall be construed or so operate to require
Makers or any other person liable for repayment of same, to pay interest at a greater rate than is lawful in such case to contract for, or to make any payment, or to do any act contrary to law. Should any interest or other charges paid in connection
with the loan evidenced by this Note by Maker or any parties liable for the payment of this Note result in the computation or earning of interest in excess of the maximum rate of interest which is legally permitted under the laws of the State of
Florida, then any and all excess shall be and the same is hereby waived as interest by Holder hereof, and any and all such excess paid shall be automatically credited first against and in reduction of the principal balance due under this Note or, at
the option of Maker, paid by Holder to the Maker or any parties liable for the payment of this Note. 
 If any clause or provision herein
contained shall be unenforceable under applicable law, in whole or in part, then such clause or provision or part thereof shall only be inoperative as though not contained herein and the remainder of this Note shall remain operative and in full
force and effect. 
 The remedies of Holder, as provided herein and in the Security Documents, shall be cumulative and concurrent and may be
pursued singularly, successively, or together at the sole discretion of Holders and may be exercised as often as occasion therefore shall arise. No act of omission or commission of Holders, including specifically any failure to exercise any right,
remedy or recourse shall be effective unless it is set forth in a written document executed by Holders and then only to the extent specifically recited therein. A waiver or release with reference to one event shall not be construed as a bar to or as
a waiver or release of any subsequent right, remedy, or recourse as to any subsequent event. 
 Makers and all sureties, endorsers and
guarantors of this Note hereby (a) waive demand, presentment for payment, notice of nonpayment, protest, notice of protest, and all other notices, filing of suit, and diligence in collecting this Note, in enforcing any of the security rights or
in proceeding against any of the property covered by the Security Documents; (b) agree that Holder shall not be required first to institute any suit or to exhaust his, their or its remedies against Maker or any other person or party to become
liable hereunder or against the mortgaged property in order to endorse payment of this Note; (c) consent to any extension, rearrangement, renewal, or postponement of time of payment of this Note and to any other indulgence with respect thereto
without notice, consent or consideration to any of them; and (d) agree that, notwithstanding the occurrence of any of the foregoing (except the express written release by Holder of any such person), they shall be and remain jointly and
severally, directly, and primarily liable for all sums due under this Note, and the other Security Documents. 
 In the event of any sale,
transfer, conveyance or encumbrance of the property encumbered by the Security Documents securing this Note or any interest therein, or the sale, conveyance or pledge of any interest of Maker to any other entity, individual, firm, partnership or
corporation, the entire principal indebtedness hereunder, together with any and all interest accrued thereon, shall become due and payable immediately. 
  

					
	Promissory Note	  	3	  	Initials /s/ TL   _____

 Whenever used in this Note, the singular number shall include the plural, the plural, the singular, and
the masculine shall include the feminine and the neuter, and the words “Maker”, “Co-Maker” and “Holder” shall be deemed to include Maker, Co-Maker and Holder named in the opening paragraph of this Note and their
respective successors and assigns, if any. It is expressly understood and agreed that Holder shall never be construed for any purpose as a partner, joint venturer, co-principal, or associate of Maker, Co-Maker, or of any person or party claiming by,
through, or under Maker or Co-Maker in the conduct of their respective businesses. 
 This Note is executed and delivered in the State of
Florida and shall be construed by and enforced in accordance with the laws of the State of Florida. 
 MAKER AND HOLDER HEREBY KNOWINGLY,
VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT EITHER MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS NOTE, THE MORTGAGE, THE COMMITMENT OR ANY OF THE OTHER SECURITY
DOCUMENTS, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF EITHER PARTY. THIS PROVISION IS A MATERIAL INDUCEMENTFOR THE HOLDER EXTENDING CREDIT TO MAKER. 
 THIS IS A BALLOON NOTE SECURED BY SECURITY DOCUMENTS AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $1,000,000.00
TOGETHER WITH ACCRUED INTEREST AND ALL ADVANCEMENTS. 
 [INTENTIONALLY LEFT BLANK] 
 [SIGNATURE PAGE FOLLOWS] 
  

					
	Promissory Note	  	4	  	Initials /s/ TL   _____

 IN WITNESS WHEREOF, this Mortgage has been executed on the date first above written. 
  

									
	 Signed, sealed and delivered
 in the presence
of:
	 		 	“MAKER”
		 		 	VCG HOLDING CORP., a Colorado corporation
					
		 		 		 	By:	 	/s/ Troy Lowrie
	 /s/ Tenicia Bradley
	 		 	Name:	 	Troy Lowrie
	Print Name: Tenicia Bradley	 		 	Title:	 	Chief Executive Officer
				
	/s/ Karen Stenson	 		 		 	
	Print Name: Karen Stenson	 		 		 	

 STATE OF COLORADO 
 COUNTY OF JEFFERSON 
 The foregoing instrument was acknowledged before me this 11th day of July, 2008, by TROY LOWRIE, as Chief Executive
Officer of VCG HOLDING CORP., a Colorado corporation, on behalf of the corporation. 
  

					
		 		 	/s/ Lois Jean Holmes
		 		 	Signature of Notary Public
	AFFIX NOTARY STAMP	 		 	Lois Jean Holmes
	  
 (NOTARY STAMP: LOIS JEAN HOLMES, NOTARY PUBLIC, STATE OF COLORADO,
MY COMMISSION EXPIRES APRIL 15, 2011)
	 		 	(Print Notary Name)
	 		 	My Commission Expires: 04/15/2011
	 		 	Commission No.:19994009135
	 		 	 x  Personally known, or

	 		 	  ̈   Produced Identification

	 		 	Type of Identification Produced
	 		 	_______________________________________

  

					
	Promissory Note	  	5	  	Initials /s/ TL   _____Separation Agreement and Release of Claims

 Exhibit 10.18 
 SEPARATION AGREEMENT AND RELEASE 
 This Separation Agreement and Release (the
“Agreement”) is made by and between SolarWinds.Net, Inc., an Oklahoma corporation (the “Company”) and Donald C. Yonce (“Employee”) as of May 31, 2007. The Company and
Employee are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” 
 WHEREAS, Employee and the Company entered into an Employment Agreement dated as of December 14, 2005 (the “Employment Agreement”), and Employee’s employment with the Company is being terminated as of
December 31, 2006 (the “Termination Date”). 
 NOW THEREFORE, in consideration of the promises made herein, the Parties
hereby agree as follows: 
 1. Consideration. 
 a. Severance Payment. The Company agrees to pay to a charity of the Employee’s choosing (South Tulsa Baptist Church) a one-time, final, lump sum severance payment in the amount of $300,000 within
7 days of the date of this agreement. This payment is being made pursuant to express instructions from Employee in lieu of paying Employee a severance payment as contemplated by the Employment Agreement. Pursuant to this payment, Employee
hereby forever releases the Company and all of its affiliates in connection with or relating to any and all actions, causes of action, suits, damages, judgments, rights, controversies, claims, counterclaims, demands, debts, covenants, liabilities,
contracts, obligations or liens relating to the severance payment provided for in the Employment Agreement. 
 b. Employee acknowledges that
without this Agreement, Employee would not be entitled to the payments set forth in this Section 1. Employee also acknowledges that Employee is not entitled to any additional form of compensation, benefit, or payment other than that listed in
this Agreement, and that this Agreement is the full, final, and complete settlement of any employment claims between the Company and Employee, including but not limited to any claims that may be brought pursuant to the Employment Agreement.

 2. Payment of Salary. Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, vacation pay
and/or paid time off, housing allowances, relocation costs, interest, severance, outplacement costs, fees, stock, stock options, vesting, commissions and any and all other benefits and compensation due to Employee through the Termination Date. This
acknowledgment and representation does not apply to amounts that are referenced in paragraphs 1.a. and 1.b. above. 
 3. Continuation of
Management Fees. For the avoidance of doubt, nothing herein will amend, modify or terminate the rights of SolarWinds Management, LLC under that certain management fee letter agreement dated December 13, 2005. SolarWinds Management, LLC will
continue to receive annual management fees from The Company. 

 4. Benefits. Employee’s participation in all benefits and incidents of employment not
specifically addressed in this Agreement, including without limitation health insurance benefits and the right to contribute to the Company’s 401k plan, will cease on the Termination Date. 
 5. Release of Claims by the Company. The Company hereby and forever releases the Employee from, and agrees not to sue concerning, or in any manner
to institute, prosecute or pursue, any claim, complaint, charge, duty, obligation or cause of action taken by the Employee in good faith as an employee of the Company. This release does not extend to any obligations incurred under this Agreement
and/or those agreements listed in Schedule I hereto. 
 6. Release of Claims by Employee. Employee agrees that the
foregoing consideration represents settlement in full of all outstanding obligations owed to Employee by the Company. Employee hereby and forever releases the Company from, and agrees not to sue concerning, or in any manner to institute, prosecute
or pursue, any claim, complaint, charge, duty, obligation or cause of action relating to employment matters, that Employee may possess against the Company arising from any omissions, acts or facts that have occurred up until and including the
Effective Date of this Agreement. This release does not extend to any obligations incurred under this Agreement and/or those agreements listed in Schedule I hereto. 
 7. Confidential Information/Noncompetition. Employee shall continue to maintain the confidentiality of all confidential and proprietary
information of the Company and shall continue to comply with Section 3 (and all surviving terms) of the Employment Agreement. Employee agrees that his receipt of the consideration described in Section 1 of this Agreement is contingent upon
his continued compliance with all surviving terms of the Employment Agreement, including but not limited to the noncompetition provisions set forth in Section 3 thereof. Employee agrees that if he violates any surviving provision of the
Employment Agreement, the Company will he entitled immediately to cease payment on any outstanding amounts pursuant to this Agreement, and that Employee will repay to the Company any severance payment already received. 
 8. No Admission of Liability. No action taken by the Parties hereto, either previously or in connection with this Agreement, shall be deemed or
construed to be: (a) an admission of the truth or falsity of any potential claims; or (b) an acknowledgment or admission by the Parties of any fault or liability whatsoever to the other Party or to any third party. 
 9. Severability. In the event that any provision or any portion of any provision hereof becomes or is declared by a court of competent
jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision or portion of provision. 
 10. Entire Agreement. This Agreement represents the entire agreement and understanding between the Company and Employee concerning Employee’s employment with, services to, compensation by and separation
from the Company and the events leading thereto and associated therewith, and supersedes and replaces any and all prior agreements and understandings concerning Employee’s relationship with the Company, with the exception of any stock or
management fee agreement between Employee and the Company and the surviving provisions of the Employment Agreement (including but not limited to the noncompetition provisions in Section 3 of the Employment Agreement). This Agreement may only be
amended in writing signed by 

  

 2 

 
Employee and a designated representative of each of Insight Venture Partners and Bain & Company, Inc. 
 11. Counterparts. This Agreement may be executed in counterparts and by facsimile, and each counterpart and facsimile shall have the same force
and effect as an original and shall constitute an effective, binding agreement on the part of each of the undersigned. 
 [REMAINDER OF
PAGE INTENTIONALLY LEFT BLANK] 
  

 3 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth below. 
  

															
		 		 	SolarWinds.Net, Inc.
					
	 Dated:
	 	6/5/07	 		 	By:	 	 /s/ Kevin B. Thompson

				
		 		 		 	Donald C. Yonce, an individual
					
	 Dated:
	 	May 31, 2007	 		 	Employee Signature:	 	/s/ Donald C. Yonce

  
  

 4 

 SCHEDULE I 
 Stock Purchase Agreement, dated as of December 14, 2005, by and among the Purchasers, the Company, the Selling Stockholders, DCY and DAY, and all documents directly and indirectly related to the Stock Purchase
Agreement including, but not limited to the following. 
 Stockholders Agreement, dated as of December 14, 2005, by and among the Company, the
Purchasers and the Selling Stockholders 
 Registration Rights Agreement, dated as of December 14, 2005, by and among the Company, the Purchasers and
the Selling Stockholders, and Amendment No 1 to the Registration Rights Agreement dated December 19, 2006. 
 Redemption Agreement, dated as of
December 14, 2005, by and among the Company and the Selling Stockholders and Amendment No 1 to Redemption Agreement dated December 19, 2006. 
 Consent to Action Without a Meeting of the Board of Directors or Shareholders of SolarWinds.Net, Inc. dated December 13, 2005 
 Limited
Liability Company Agreement of the Subsidiary, dated as of December 14, 2005 
 Consent of the Board of Managers of SolarWinds.Net, LLC, dated as of
December 14, 2005 
 Assignment and Assumption Agreement, dated as of December 14, 2005, by the Company to and in favor of the Subsidiary

 Secretary’s Certificate of the Company, dated as of December 14, 2005 
 Officer’s Certificate of SolarWinds Management, dated as of December 14, 2005

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