Document:

Exhibit 10.24-Data Center Agreement

Exhibit 10.24

AMENDMENT TWO TO DATA CENTER AND GENERAL SERVICES AGREEMENT

This second Amendment and Addendum (the “Amendment”) made as of November 1, 2014 (the “Effective Date”) by and between AMBER ROAD, INC. (Formerly known as Management Dynamics Inc.) (“CUSTOMER”), with principal office at One Meadowlands Plaza, East Rutherford, NJ 07073 and FLORIDA TECHNOLOGY MANAGED SERVICES, INC, with principal office at 3728 Philips Highway, Suite 46, Jacksonville, Florida 32207 (“FTMS”) for the purpose of adding to and amending the DATA CENTER AND GENERAL SERVICES AGREEMENT between the aforesaid parties dated November 1, 2009  (the “Agreement”). 

CUSTOMER and FTMS hereby agree to the amended and additional terms and conditions provided herein, in addition to those contained in the Agreement and previous amendments.

1.The Contract Term in the Agreement is hereby amended as follows: The term of the Agreement will now end as of 12:00 a.m. on October 31, 2020, unless terminated earlier in accordance with the Agreement (the “Term”). The Agreement shall auto renew for additional one (1) year terms, unless either party notifies the other in writing that they are not renewing at least ninety (90) days prior to the expiration of the Term or applicable renewal term.

2. In the Agreement, section 11. Termination (a) Termination for Convenience is deleted in its entirety and replaced with the following:

11. Termination

(a)Termination for Convenience

(i)FTMS.  Except during the initial term, FTMS may terminate this Agreement for convenience (i.e. without cause), upon at least Three Hundred Sixty Five (365) days prior written notice to MDI. In lieu of all other penalties, costs or charges, including, but not limited to, any Termination Charge, FTMS will:

(1)provide MDI with the Service Transfer Assistance detailed in Article 6;

(2)provide MDI with the Termination Assistance detailed in Section (c); and

(3)reimburse MDI for reasonable costs directly related to MDI having to locate and relocate to an alternate site, including moving costs, labor costs, Software and hardware costs, and any other non-refundable out-of-pocket installation or improvement fees; provided, however, that the maximum amount that FTMS may be required to pay MDI under this Section 11(a)(i)(3) is Five Thousand Dollars ($5,000). 

(ii) MDI may terminate this Agreement for convenience (i.e. without cause), upon at least Ninety (90) days prior written notice to FTMS.  No Termination Charge will be assessed for Termination for Convenience.

(iii)The retention of a third-party to operate the Data Center or the assignment of this Agreement to a FTMS Affiliate shall not be deemed a termination for 

1

convenience by FTMS, nor shall such retention or assignment constitute cause for MDI to terminate this Agreement pursuant to Section 11 (b), below. 

3.Except as expressly added and amended herein, all terms and provisions of the Agreement and Amendment One to Data Center and General Services Agreement dated November 1, 2012 shall remain in full force and effect.

THE PARTIES ACKNOWLEDGE THAT THEY HAVE READ THIS AMENDMENT AND AGREE TO BE BOUND BY ITS TERMS AND CONDITIONS.      .

	
		
	AMBER ROAD, INC.

By:/s/ Glenn Gorman   
      Authorized Signature

Name: Glenn Gorman

Title:  CIO      
      
Date: September 16, 2014

	FLORIDA TECHNOLOGY 
MANAGED SERVICES, INC.
   

By: James C. Cox Jr      
      Authorized Signature
      
Name: James C. Cox Jr   

Title: CEO      
      
Date: September 15, 2014

.

2Exhibit 10.3 

 

INDEMNITY AGREEMENT

 

This Agreement effective
as of the [    ] day of [                ],
2014, by and between OHA Investment Corporation, a Maryland corporation (the “Company”), and [                ]
(“Indemnitee”), who is currently serving the Company in the capacity of [                ].

 

WITNESSETH:

 

WHEREAS, the Company
and Indemnitee recognize that the interpretation of ambiguous statutes, regulations, and court opinions and of the Certificate
of Incorporation and Bylaws of the Company, and the vagaries of public policy, are too uncertain to provide the directors and officers
of the Company with adequate or reliable advance knowledge or guidance with respect to the legal risks and potential liabilities
to which they may become personally exposed as a result of performing their duties in good faith for the Company; and

 

WHEREAS, the Company
and the Indemnitee are aware that highly experienced and capable persons are often reluctant to serve as directors or officers
of a corporation unless they are protected to the fullest extent permitted by law by comprehensive insurance or indemnification,
especially since the legal risks and potential liabilities, and the threat of such risks and liabilities, associated with lawsuits
filed against the officers and directors of a corporation, and the resultant substantial time, expense, harassment, ridicule, abuse,
and anxiety spent and endured in defending against such lawsuits, whether or not meritorious, bear no reasonable or logical relationship
to the amount of compensation received by the directors or officers from the corporation; and

 

WHEREAS, Section 2-418
of the Maryland General Corporation Law and the Certificate of Incorporation of’ the Company, which set forth certain provisions
relating to the mandatory and permissive indemnification of, and advancement of expenses to, officers and directors (among others)
of a Maryland corporation by such corporation, is specifically not exclusive of other rights to which those indemnified thereunder
may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors, or otherwise, and, thus, does not
by itself limit the extent to which the Company may indemnify persons serving as its officers and directors; and

 

WHEREAS, after due consideration
and investigation of the terms and provisions of this Agreement and the various other options available to the Company and the
Indemnitee in lieu thereof, the board of directors of the Company has determined that the following Agreement is not only reasonable
and prudent but necessary to promote and ensure the best interests of the Company and its stockholders; and

 

WHEREAS, the Company
desires to have Indemnitee serve or continue to serve as [                ]
of the Company, free from undue concern for unpredictable, inappropriate, or unreasonable legal risks and personal liabilities
by reason of his acting in good faith in the performance of his duties to the Company; and Indemnitee desires to serve, or to continue
to serve (provided that he is furnished the indemnity provided for hereinafter), in such capacity.

 

NOW, THEREFORE, in consideration
of the premises and the mutual agreements herein set forth and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Company and Indemnitee, intending to be legally bound, do hereby agree as follows:

 

    	 

    	 

    

 

 

 

1.Agreement to
Serve. Indemnitee agrees to serve or continue to serve as an [employee, director, and/or officer] of the Company, and as Indemnitee
and the Company may agree, as a director, officer, employee or agent of another Enterprise, for so long as he is duly elected or
appointed and qualified in accordance with the provisions of the Maryland General Corporation Law and the Articles of Incorporation
and Bylaws of the Company or until such time as he tenders his resignation. The Company acknowledges that the Indemnitee is relying
on this Agreement in so serving.

 

2.Definitions.
As used in this Agreement:

 

(a) “Act”
means the Investment Company Act of 1940, as amended.

 

(b)“Change
in Control” means a change in control of the Company of a nature that would be required to be reported in response to
Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar schedule or form) promulgated under
the Exchange, whether or not the Company is then subject to such reporting requirement; provided, however, that,
without limitation, such a Change in Control shall be deemed to have occurred if (i) any “person” (as such
term is used in Sections 13(d) and 14(d) of the Exchange Act) other than a trustee or other fiduciary holding securities under
an employee benefit plan of the Company or a corporation owned directly or indirectly by the stockholders of the Company in substantially
the same proportions as their ownership of stock of the Company is or becomes the “beneficial owner” (as defined
in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 15% or more of the combined
voting power of the Company’s then outstanding securities without the prior approval of at least two-thirds of the members
of the board of directors of the Company in office immediately prior to such person attaining such percentage interest; (ii) there
occurs a proxy contest, or the Company is a party to a merger, consolidation, sale of assets, plan of liquidation or other reorganization
not approved by at least two-thirds of the members of the board of directors of the Company then in office, as a consequence of
which members of the board of directors in office immediately prior to such transaction or event constitute less than a majority
of the board of directors thereafter; (iii) the Company terminates the engagement of the Incumbent Advisor; or (iv) during
any period of two consecutive years, other than as a result of an event described in clause (ii) of this subsection (b), individuals
who at the beginning of such period constituted the board of directors of the Company (including for this purpose any new director
whose election or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of
the directors then still in office who were directors at the beginning of such period) cease for any reason to constitute at least
a majority of the board of directors.

 

(c)“Disabling
Conduct” means Indemnitee’s willful misfeasance, bad faith, or gross negligence in the performance of his duties
or reckless disregard of his obligations and duties involved in the conduct of his office.

 

    	 

    	 

    

 

 

 

(d)“Disinterested
Director” means a director of the Company who is neither an “interested person” of the Company as defined
in Section 2(a)(l9) of the Act nor a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

 

(e)“Enterprise”
means any corporation, partnership, limited liability company, association, joint venture, trust, employee benefit plan, or other
entity.

 

(f)“Exchange
Act” means the Securities Exchange Act of 1934, as amended.

 

(g)“Expenses”
means all expenses, including, without limitation, all reasonable attorneys’ fees, retainers, court costs, transcript costs,
fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery
service fees, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending,
preparing to prosecute or defend, investigating, or being or preparing to be a witness in, or otherwise involved in, a Proceeding.
Should any payments by the Company under this Agreement be determined to be subject to any federal, state, or local income or excise
tax, “Expenses” shall also include such amounts as are necessary to place Indemnitee in the same after-tax position,
after giving effect to all applicable taxes, Indemnitee would have been in had such tax not have been determined to apply to those
payments. In addition, “Expenses” shall also include Expenses incurred in connection with any appeal resulting from
any Proceeding, including, without limitation, the premium, security for, and other costs relating to any cost bond, supersede
as bond, or other appeal bond or its equivalent.

 

(h)“Incumbent
Advisor” means the investment advisor, which as of September 29, 2014, is a party to an Investment Advisory Agreement
with the Company and any affiliate of such advisor.

 

(i)“Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently
is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either
such party (other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees under similar
indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Independent Counsel” shall not include any Person who, under the applicable
standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee
in an action to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees and expenses
of the Independent Counsel referred to above.

 

(j)“Liabilities”
means all liabilities, including, without limitation, the amounts of any judgments, fines, penalties, excise taxes, and amounts
paid in settlement.

 

(k)“Person”
means any person or entity of any nature whatsoever, specifically including an individual, a firm, a company, a corporation, a
partnership, a trust, or other entity. A Person, together with that Person’s affiliates and associates (as those terms are
defined in Rule 12b-2 under the Exchange Act), and any Persons acting as a partnership, limited partnership, joint venture, association,
syndicate, or other group (whether or not formally organized), or otherwise acting jointly or in concert or in a coordinated or
consciously parallel manner (whether or not pursuant to any express agreement), for the purpose of acquiring, holding, voting,
or disposing of securities of the Company with such Person, shall be deemed a single “Person.”

 

    	 

    	 

    

 

 

 

(l)“Potential
Change in Control” means if (i) the Company enters into an agreement, the consummation of which would result in
the occurrence of a Change in Control; (ii) any Person, including the Company, publicly announces an intention to take or
to consider taking actions that, if consummated, would constitute a Change in Control; or (iii) the Board of Directors of
the Company adopts a resolution to the effect that, for purposes of this Agreement, a Potential Change in Control has occurred.

 

(m)“Proceeding”
means any threatened, pending, or completed claim, action (including any action by or in the right of the Company), suit, or proceeding,
whether formal or informal, civil, criminal, administrative, legislative, arbitrative, or investigative, any appeal in such a claim,
action, suit, or proceeding, and any inquiry or investigation that could lead to such a claim, action, suit, or proceeding irrespective
of the initiator thereof. The final disposition of a Proceeding shall be as determined by a settlement or the judgment of a court
or other investigative or administrative body. The Board of Directors shall not make a determination as to the final disposition
of a Proceeding.

 

(n)“Serving
at the request of the Company” means any Person serving at the request of the Company as a director, officer, employee,
agent, fiduciary, or other representative of another Enterprise including any service as a director, officer, employee, or agent
of the Company that imposes duties on, or involves services by, such director, officer, employee, or agent with respect to an employee
benefit plan, its participants, or beneficiaries; and a Person who acts in good faith and in a manner he reasonably believed to
be in the interest of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner
“not opposed to the best interests of the Company” as referred to in this Agreement.

 

3.Indemnity in
Third Party Proceedings. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 3 if Indemnitee
is a party to or is threatened to be made a party to or is otherwise involved in any Proceeding (other than a Proceeding by or
in the right of the Company to procure a judgment in its favor) by reason of the fact that Indemnitee is or was an employee, director,
and/or officer of the Company, or is or was serving at the request of the Company as a director, officer, employee, agent, fiduciary,
or other representative of another Enterprise, against all Expenses and Liabilities actually and reasonably incurred by Indemnitee
(or on his behalf) in connection with such Proceeding or any claim, issue, or matter therein, unless it is determined pursuant
to Section 8 of this Agreement or by the court having jurisdiction in the matter, that (a) the act or omission of Indemnitee
was material in the matter giving rise to the Proceeding and (i) was committed in bad faith or (ii) was the result of
active and deliberate dishonesty, (b) Indemnitee actually received an improper personal benefit in money, property, or services,
(c) with respect to any criminal Proceeding, Indemnitee had reasonable cause to believe his conduct was unlawful, or (d) the
Expense or Liability arose by reason of Indemnitee’s Disabling Conduct. The termination of any Proceeding or of any claim,
issue, or matter therein, by judgment, order, or settlement, shall not, of itself, adversely affect the right of Indemnitee to
indemnification or create a presumption that Indemnitee acted in a manner contrary to that specified above. Indemnitee shall have
the right to employ Indemnitee’s own legal counsel in any Proceeding for which indemnification is available under this Section
3.

 

    	 

    	 

    

 

 

 

4.Indemnity in
Proceedings By or In the Right of the Company. The Company shall indemnify Indemnitee in accordance with the provisions of
this Section 4 if Indemnitee is a party to or is threatened to be made a party to or otherwise involved in any Proceeding by or
in the right of the Company to procure a judgment in its favor by reason of the fact that Indemnitee is or was an employee, director,
and/or officer of the Company, or is or was serving, at the request of the Company, as a director, officer, employee, agent, fiduciary,
or other representative of another Enterprise, against all Expenses actually and reasonably incurred by Indemnitee (or on his
behalf) in connection with such Proceeding unless it is determined that (a) the act or omission of Indemnitee was material
in the matter giving rise to the Proceeding and (i) was committed in bad faith or (ii) was the result of active and
deliberate dishonesty, (b) Indemnitee actually received an improper personal benefit in money, property or services, or (c) the
Expense arose by reason of Indemnitee’s Disabling Conduct, except that no indemnification shall be made under this Section
4 in respect of any claim, issue, or matter as to which Indemnitee shall have been adjudged to be liable to the Company unless
and only to the extent that the Maryland court of competent jurisdiction in which such Proceeding was brought or is pending, shall
determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee
is fairly and reasonably entitled to indemnity as the Maryland court of competent jurisdiction in which such Proceeding was brought
or such other court shall deem proper. Indemnitee shall have the right to employ Indemnitee’s own legal counsel in any Proceeding
for which indemnification is available under this Section 4.

 

5.Indemnification
for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason
of the fact that Indemnitee is or was an employee, director, and/or officer of the Company, or is or was serving at the request
of the Company as a director, officer, employee, agent, fiduciary, or other representative of another Enterprise, a witness in
any Proceeding to which Indemnitee is not a party, he shall be indemnified against all Expenses actually and reasonably incurred
by Indemnitee (or on his behalf) in connection therewith.

 

6.Indemnification
for Expenses of Successful Party. Notwithstanding any other provision of this Agreement to the contrary, to the extent that
Indemnitee has been successful on the merits or otherwise in defense of any Proceeding referred to in Sections 3 and/or 4 of this
Agreement, or in defense of any claim, issue, or matter therein, including dismissal without prejudice, Indemnitee shall be indemnified
against all Expenses actually and reasonably incurred by Indemnitee (or on his behalf) in connection therewith. If Indemnitee
is not wholly successful in any Proceeding referred to in Sections 3 and/or 4 of this Agreement, but is successful on the merits
or otherwise (including dismissal without prejudice) as to one or more, but less than all claims, issues, or matters therein,
including dismissal without prejudice, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by
Indemnitee (or on his behalf) in connection with each successfully resolved claim, issue or matter. For purposes of this Section
6, and without limitation, the termination of any claim, issue, or matter in any Proceeding referred to in Sections 3 and/or 4
of this Agreement by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue,
or matter. 

   

    	 

    	 

    

 

 

7.Advances of
Expenses. To the fullest extent permitted by applicable law, the Expenses incurred by Indemnitee pursuant to Sections 3 and/or
4 of this Agreement in connection with any Proceeding or any claim, issue or matter therein shall be paid by the Company in advance
of the final disposition of such Proceeding or any claim, issue, or matter therein no later than 10 days after receipt by the Company
of a written affirmation by Indemnitee of Indemnitee’s good faith belief that the standard of conduct necessary for indemnification
by the Company as authorized by law and by this Agreement has been met and an undertaking by or on behalf of Indemnitee (“Indemnitee
Undertaking”) to repay such amount to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified
by the Company. The Indemnitee Undertaking, which shall not be secured and shall be interest free, shall be substantially on the
form of Exhibit A to this Agreement. For so long as the Company is subject to the Act, any advancement of Expenses shall be subject
to at least one of the following as a condition of the advancement: (a) Indemnitee shall provide a security for his undertaking,
(b) the Company shall be insured against losses arising by reason of any lawful advances or (c) a majority of a quorum
of Disinterested Directors of the Company, or Independent Counsel in a written opinion, shall determine, based on a review of readily
available facts (as opposed to a trial-type inquiry), that there is reason to believe Indemnitee ultimately will be found entitled
to indemnification. Any judgments, lines, or amounts to be paid in settlement of any Proceeding shall also be advanced by the Company
upon request by Indemnitee. If the Company advances or pays any amount to Indemnitee under Section 3, 4, 5, 6, or 7 and if Indemnitee
shall thereafter receive all or a portion of such amount under one or more policies of directors and officers liability insurance
maintained by the Company or pursuant to a trust fund, letter of credit, or other security or funding arrangement provided by the
Company, Indemnitee shall promptly repay such amount or such portion thereof, as the case may be, to the Company.

 

8.Procedure for
Determination of Entitlement to Indemnification.

 

(a)To obtain indemnification
under this Agreement, Indemnitee shall submit to the Company a written request.

 

(b)Upon written
request by Indemnitee for indemnification pursuant to Section 8(a) hereof, a reasonable determination, based upon a review of the
facts, with respect to Indemnitee’s entitlement to indemnification under Section 3, 4, 5, or 6 hereof shall be made in the
specific case: (i) if a Change in Control shall have occurred, by Independent Counsel in a written opinion to the board of
directors of the Company, a copy of which shall be delivered to Indemnitee; or (ii) if a Change in Control shall not have
occurred, (A) by a majority vote of a quorum of the Disinterested Directors, or (B) if a quorum of Disinterested Directors
cannot be obtained or, even if obtainable, if the Disinterested Directors so direct, by Independent Counsel in a written opinion
to the board of directors of the Company, a copy of which shall be delivered to Indemnitee; and, if it is so determined that Indemnitee
is entitled to indemnification, payment to Indemnitee shall be made within 10 days after such determination. Any costs or expenses
(including attorneys’ fees and disbursements) incurred by Indemnitee in cooperating with the Person or Persons making the
determination discussed in this Section 8(b) with respect to Indemnitee’s entitlement to indemnification, shall be borne
by the Company (respective of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby
indemnifies and agrees to hold Indemnitee harmless therefrom.

 

    	 

    	 

    

  

(c)In the event
the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 8(b) hereof, the Independent
Counsel shall be selected as provided in this Section 8(c). If a Change in Control shall not have occurred, the Independent Counsel
shall be selected by the board of directors of the Company, and the Company shall give written notice to Indemnitee advising him
of the identity of the Independent Counsel so selected. If a Change in Control shall have occurred, the Independent Counsel shall
be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the board of directors of the Company,
in which event the preceding sentence shall apply), and Indemnitee shall give written notice to the Company advising it of the
identity of the Independent Counsel so selected. In either event, Indemnitee or the Company, as the case may be, may, within 10
days after such written notice of selection shall have been given, deliver to the Company or to Indemnitee, as the case may be,
a written objection to such selection; provided, however, that such objection may be asserted only on the ground
that the Independent Counsel so selected does not meet the requirements of “Independent Counsel” as defined
in this Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and
timely objection, the Person so selected shall act as Independent Counsel. If such written objection is so made and substantiated,
the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court
has determined that such objection is without merit. If, within 20 days after submission by Indemnitee of a written request for
indemnification pursuant to Section 8(b) hereof, no Independent Counsel shall have been selected and not objected to, either the
Company or Indemnitee may petition the Maryland court of competent jurisdiction for resolution of any objection which shall have
been made by the Company or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent
Counsel of a Person selected by the Court or by such other Person as the Court shall designate, and the person with respect to
whom all objections are so resolved or the Person so appointed shall act as Independent Counsel under Section 8(a) hereof.

 

(d)Indemnitee will
be deemed a party to a Proceeding for all purposes hereof if Indemnitee is named as a defendant or respondent in a complaint or
petition for relief in that Proceeding, regardless of whether Indemnitee is ever served with process or makes an appearance in
that Proceeding.

 

9.Presumptions
and Effect of Certain Provisions. (a)In making a determination with respect to entitlement to indemnification hereunder,
the Person or Persons making such determination shall presume, in the absence of a final decision on the merits by a court or other
body before whom a Proceeding was brought, that the Indemnitee has not met the applicable standard of conduct or is not entitled
to indemnification under this Agreement, if Indemnitee has submitted a request for indemnification in accordance with Section 8(a)
of this Agreement, and the Company shall have the burden of proof in overcoming such presumption by clear and convincing evidence.
Neither the failure of the Company (including the board of directors or independent legal counsel) to have made a determination
prior to the commencement of such action pursuant to this Agreement that indemnification is proper in the circumstances because
Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including its board of directors
or independent legal counsel) that Indemnitee has not met such applicable standard of conduct, shall be a defense to the action
or create a presumption that Indemnitee has not met the applicable standard of conduct.

 

    	 

    	 

    

  

(b)If the Person
or Persons empowered or selected under Section 8 of this Agreement to determine whether Indemnitee is entitled to indemnification
shall not have made a determination within 30 days after receipt by the Company therefor, the requisite determination of entitlement
to indemnification shall be deemed to have been made and Indemnitee shall be entitled to such indemnification, absent (i) a
misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement
not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification
under applicable law; provided, however, that such 30-day period may be extended for a reasonable time, not to exceed
an additional 15 days, if the Person or Persons making the determination with respect to entitlement to indemnification in good
faith requires such additional time for the obtaining or evaluating of documentation and/or information relating thereto.

 

(c)For purposes
of any determination of whether (i) the act or omission of Indemnitee was material in the matter giving rise to the Proceeding
and (A) was committed in bad faith or (B) was the result of active and deliberate dishonesty, (ii) Indemnitee actually
received an improper personal benefit in money, property, or services, or (iii) with respect to any criminal Proceeding, Indemnitee
had reasonable cause to believe his conduct was unlawful (collectively, “Good Faith”), Indemnitee shall be deemed
to have acted in Good Faith if Indemnitee’s action is based on the records or books of account of the Company or another
Enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, agent, fiduciary,
or other representative, information, opinions, reports, or statements, including financial statements and other financial information,
concerning the Enterprise or any other Person that were prepared or supplied to Indemnitee by: (i) one or more officers or
employees of the Enterprise; (ii) appraisers, engineers, investment bankers, legal counsel, or other Persons as to matters
Indemnitee reasonably believed were within the professional or expert competence of those Persons; and (iii) any committee
of the Board of Directors or equivalent managing body of the Enterprise of which Indemnitee is or was, at the relevant time, not
a member. The provisions of this Section 9(c) shall not be deemed to be exclusive or to limit in any way the other circumstances
in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.

 

(d)The knowledge
and/or actions, or failure to act, of any director, officer, agent, or employee of the Enterprise shall not be imputed to Indemnitee
for purposes of determining the right to indemnification under this Agreement.

 

    	 

    	 

    

  

 

10.Establishment
of a Trust. In the event of a Potential Change in Control or a Change in Control, the Company shall, upon written request by
Indemnitee, create a trust for the benefit of Indemnitee (the “Trust”) and from time to time upon written request of
Indemnitee shall fund the Trust in an amount equal to all Expenses and Liabilities reasonably anticipated at the time to be incurred
in connection with any Proceeding. The amount to be deposited in the Trust pursuant to the foregoing funding obligation shall be
determined by the party determining the Indemnitee’s entitlement to indemnification pursuant to Section 8. The terms of the
Trust shall provide that, upon a Change in Control, (a) the Trust shall not be revoked or the principal thereof invaded, without
the written consent of Indemnitee; (b) the trustee of the Trust shall advance, within 10 days of a request by Indemnitee,
any and all Expenses to Indemnitee (and Indemnitee hereby agrees to reimburse the Trust under the circumstances in which Indemnitee
would be required to reimburse the Company for Expenses under this Agreement); (c) the Trust shall continue to be funded by
the Company in accordance with the funding obligation set forth above; (d) the trustee of the Trust shall promptly pay to
Indemnitee all amounts for which Indemnitee shall be entitled to indemnification pursuant to this Agreement or otherwise; and (e) all
unexpended funds in that Trust shall revert to the Company upon a final determination by the party determining the Indemnitee’s
entitlement to indemnification pursuant to Section 8 or a court of competent jurisdiction, as the case may be, that Indemnitee
has been fully indemnified under the terms of this Agreement. The trustee of the Trust shall be chosen by Indemnitee. Nothing in
this Section 10 shall relieve the Company of any of its obligations under this Agreement.

 

11.Remedies of
Indemnitee.

 

(a)In the event
that (i) a determination is made pursuant to Section 8(b) of this Agreement that Indemnitee is not entitled to indemnification
under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 7 of this Agreement, (iii) no
determination of entitlement to indemnification shall have been made pursuant to Section 8(b) of this Agreement within the time
period provided in Section 9(b) after receipt by the Company of the request for indemnification, (iv) payment of indemnification
is not made pursuant to Section 5, Section 6, or the last sentence of Section 8(b) of this Agreement within 10 days after receipt
by the Company of a written request therefor, or (v) payment of indemnification pursuant to Section 3 or Section 4 of this
Agreement is not made within 10 days after a determination has been made that Indemnitee is entitled to indemnification, Indemnitee
shall be entitled to an adjudication by the Maryland court of competent jurisdiction of his entitlement to such indemnification
or advancement of Expenses and appeals therefrom, concluding in a final and unappealable judgment. The Company shall not oppose
Indemnitee’s right to seek any such adjudication.

 

(b)In the event
that a determination shall have been made pursuant to Section 8(b) of this Agreement that Indemnitee is not entitled to indemnification,
any judicial proceeding commenced pursuant to this Section 11 shall be conducted in all respects as a de novo trial on the
merits and Indemnitee shall not be prejudiced by reason of that adverse determination.

 

(c)If a determination
shall have been made pursuant to Section 8(b) of this Agreement that Indemnitee is entitled to indemnification, the Company shall
be bound by such determination in any judicial proceeding commenced pursuant to this Section 11, absent (i) a misstatement
by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially
misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable
law.

 

    	 

    	 

    

  

 

(d)In the event
that Indemnitee, pursuant to this Section 11, seeks a judicial adjudication of his rights under, or to recover damages for breach
of, this Agreement, Indemnitee shall be entitled to recover from the Company, and shall he indemnified by the Company against,
any and all expenses (of the types described in the definition of Expenses in Section 2(d) of this Agreement) actually and reasonably
incurred by him in such judicial adjudication, but only if (and only to the extent) he prevails therein. If it shall be determined
in said judicial adjudication that Indemnitee is entitled to receive part but not all of the indemnification or advancement of
Expenses sought, the expenses incurred by Indemnitee in connection with such judicial adjudication shall be appropriately prorated.

 

(e)The Company
shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 11 that the procedures and presumptions
of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company is bound by all
the provisions of this Agreement.

 

12.Indemnification
and Advancement of Expenses Under this Agreement Not Exclusive; Survival of Rights. The rights of indemnification and to receive
advancement of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may
be entitled under the Certificate of Incorporation or Bylaws of the Company, any other agreement, any vote of stockholders or Disinterested
Directors, the Maryland General Corporation Law, or otherwise. No amendment, alteration, or repeal of this Agreement or of any
provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted
by such Indemnitee prior to such amendment, alteration or repeal. To the extent that a change in the Maryland General Corporation
Law, whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would be afforded
currently under the Certificate of Incorporation of the Company and this Agreement, it is the intent of the parties hereto that
Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change, No right or remedy herein conferred is
intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment
of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or
remedy.

 

13.Partial Indemnification.
If Indemnitee is entitled under any provision of this Agreement to indemnification or to receive advancement by the Company for
a portion of the Expenses or Liabilities actually and reasonably incurred by Indemnitee (or on his behalf) in connection with such
Proceeding, or any claim, issue, or matter therein, but not, however, for the total amount thereof, the Company shall nevertheless
indemnify Indemnitee for the portion thereof to which Indemnitee is entitled.

 

14.Rights Continued.
The rights of indemnification and to receive advancement of Expenses as provided by this Agreement shall continue as to Indemnitee
even though Indemnitee may have ceased to be a director or officer of the Company and shall inure to the benefit of Indemnitee’s
personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.

 

    	 

    	 

    

  

15.No Construction
as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as giving Indemnitee
any right to be retained as an employee or as an officer of the Company or any of its subsidiaries, if Indemnitee currently serves
as an officer of the Company, or to be renominated or reelected as a director of the Company, if Indemnitee currently serves as
a director of the Company.

 

16. Liability
Insurance. To the extent the Company maintains an insurance policy or policies providing liability insurance for directors, officers,
employees, or agents of the Company or of another Enterprise that such Person serves at the request of the Company, Indemnitee
shall be covered by such policy or policies in accordance with its or their terms, to the maximum extent of the coverage available
for any director, officer, employee, or agent under such policy or policies.

17.No Duplication of Payments. The
Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable under this Agreement if,
and to the extent that, Indemnitee has otherwise actually received such payment under any contract, agreement, or insurance policy,
the Certificate of Incorporation or Bylaws of the Company, or otherwise.

 

18.Subrogation.
In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all the rights of
recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights,
including, without limitation, the execution of such documents as may be necessary to enable the Company effectively to bring suit
to enforce such rights.

 

19.Exceptions.
Notwithstanding any other provision in this Agreement, but except as provided in Section 11(d), the Company shall not be obligated
pursuant to the terms of this Agreement, to indemnify or advance Expenses to Indemnitee with respect to any Proceeding, or any
claim, issue, or matter therein, (i) brought or made by Indemnitee, unless the bringing of such Proceeding or the making of
such claim, issue, or matter shall have been approved by the Board of Directors of the Company, or (ii) in which final judgment
is rendered against Indemnitee for an accounting of profits made from the purchase and sale or the sale and purchase by Indemnitee
of securities of the Company pursuant to the provisions of Section 17(b) of the Exchange Act, or similar provisions of any federal,
state, or local statute.

 

20.Notices.
Any notice or other communication required or permitted to be given or made to the Company or Indemnitee pursuant to this Agreement
shall be given if made in writing and deposited in the United States mail, with postage thereon prepaid, addressed to the Person
to whom such notice or communication is directed at the address of such Person on the records of the Company, and such notice or
communication shall be deemed given or made at the time when the same shall be so deposited in the United States mail. Any such
notice or communication to the Company shall be addressed to the Secretary of the Company. 

 

 

    	 

    	 

    

 

21.Contractual
Rights. The right to be indemnified or to receive advancement of Expenses under this Agreement (i) is a contract right
based upon good and valuable consideration, pursuant to which Indemnitee may sue, (ii) is and is intended to be retroactive
and shall be available as to events occurring prior to the date of this Agreement, and (iii) shall continue after any rescission
or restrictive modification of this Agreement as to events occurring prior thereto.

 

22.Severability.
If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever,
the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby; to
the fullest extent possible, the provisions of this Agreement shall be construed so as to give effect to the intent manifested
by the provisions held invalid, illegal or unenforceable; and those provision or provisions held to be invalid, illegal or unenforceable
for any reason whatsoever shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum
effect to the intent of the parties hereto.

 

23.Successors;
Binding Agreement. The Company shall require and cause any successor (whether direct or indirect, by purchase, merger, consolidation
or otherwise to all or substantially all of the business or assets of the Company, by written agreement in form and substance reasonably
satisfactory to Indemnitee, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that
the Company would be required to perform if no such succession had taken place. As used in this Agreement, “Company”
shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid that executes and delivers
the agreement provided for in this Section 23 or that otherwise becomes bound by the terms and provisions of this Agreement by
operation of law. This Agreement shall be binding upon the Company and its successors and assigns (including, without limitation,
any direct or indirect successor by purchase, merger, consolidation, or otherwise to all or substantially all of the business or
assets of the Company) and will inure to the benefit of Indemnitee (and Indemnitee’s spouse, if Indemnitee resides in Texas
or another community property state), heirs, executors, and administrators.

 

24.Counterparts,
Modification, Headings, Gender.

 

(a)This Agreement
may be executed in counterparts, each of which shall constitute one and the same instrument, and either party hereto may execute
this Agreement by signing any such counterpart.

 

(b)No provisions
of this Agreement may be modified, waived, or discharged unless such waiver, modification, or discharge is agreed to in writing
and signed by Indemnitee and an appropriate officer of the Company. No waiver by any party at any time of any breach by any other
party of, or compliance with, any condition or provision of this Agreement to be performed by any other party shall be deemed a
waiver of similar or dissimilar provisions or conditions at the same time or at any prior or subsequent time.

 

(c)Section headings
are not to be considered part of this Agreement, are solely for convenience of reference, and shall not affect the meaning or interpretation
of this Agreement or any provision set forth herein.

 

    	 

    	 

    

 

 

 

(d)Pronouns in
masculine, feminine, and neuter genders shall be construed to include any other gender, and words in the singular form shall be
construed to include the plural and vice versa, unless the context otherwise requires.

 

25.Exclusive Jurisdiction;
Governing Law. The Company and Indemnitee agree that all disputes in any way relating to or arising under this Agreement, including,
without limitation, any action for advancement of Expenses or indemnification, shall be litigated, if at all, exclusively in the
Maryland courts, and if necessary, the corresponding appellate courts. This Agreement shall be governed by and construed and enforced
in accordance with the laws of the State of Maryland applicable to contracts made and to be performed in such state without giving
effect to the principles of conflicts of laws. The Company and Indemnitee (i) expressly submit themselves to the personal
jurisdiction of the Maryland courts for purposes of any action or proceeding arising out of or in connection with this Agreement,
(ii) irrevocably appoint, to the extent such party is not a resident of the State of Maryland, The Corporation Trust Incorporated
as its agent in the State of Maryland as such party’s agent for acceptance of legal process in connection with any such action
or proceeding against such party with the same legal force and validity as if served upon such party personally within the State
of Maryland, (iii) waive any objection to the laying of venue of any such action or proceeding in the Maryland court of competent
jurisdiction, and (iv) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the
Maryland court of competent jurisdiction has been brought in an improper or otherwise inconvenient forum.

 

26.Duration of
Agreement. This Agreement shall continue until and terminate upon the later of: (a) 10 years after the date that Indemnitee
shall have ceased to serve as a director and/or officer of the Company or director, officer, employee or agent of any Enterprise
which Indemnitee served at the request of the Company; or (b) one year after the final, nonappealable termination of any Proceeding
then pending in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any
proceeding commenced by Indemnitee pursuant to Section 11 of this Agreement relating thereto.

 

27.Contribution.
If it is established, under Section 8 or otherwise, that Indemnitee has the right to be indemnified under this Agreement in respect
of any claim, but that right is unenforceable by reason of applicable law or public policy, then, to the fullest extent applicable
law permits, the Company, in lieu of indemnifying or causing the indemnification of Indemnitee under this Agreement and to the
extent permitted under Section 17(h) of the Act, will contribute to the amount Indemnitee has incurred, whether for Liabilities
or for Expenses reasonably incurred, in connection with that Proceeding, in such proportion as is deemed fair and reasonable in
light of all the circumstances of that Proceeding in order to reflect:

 

(a)the relative
benefits Indemnitee and the Company have received as a result of the event(s) or transactions(s) giving rise to that Proceeding;
or

 

(b)the relative
fault of Indemnitee and of the Company and its other functionaries in connection with those event(s) or transaction(s).

 

28.Investment
Company Act of 1940. Notwithstanding anything to the contrary in this Agreement, for so long as the Company is subject to the
Act, the Company shall not indemnify or advance Expenses to Indemnitee to the extent such indemnification or advance would violate
the Act.

 

    	 

    	 

    

 

 

 

IN WITNESS WHEREOF, the
Company and Indemnitee have executed this Agreement as of the date and year first above written.

 

OHA INVESTMENT CORPORATION

 

By:                                                                   

Name:

Title:

 

 

 

INDEMNITEE

 

                                                                   

Name:

 

    	 

    	 

    

 

EXHIBIT A

 

INDEMNITEE’S UNDERTAKING

 

_______________, 20__

 

 

OHA Investment Corporation

[Address]

 

Re: Indemnity Agreement

 

Ladies and Gentlemen:

 

Reference is made to
the Indemnity Agreement dated as of ____________ __, 20__, by and between OHA Investment Corporation and the undersigned Indemnitee
(the “Agreement”), and particularly to Section 7 thereof relating to advance payment by the Company of certain
Expenses incurred by the undersigned Indemnitee. Capitalized terms used and not otherwise defined in this Indemnitee’s Undertaking
shall have the respective meanings given to such terms in the Agreement.

 

The types and amounts
of Expenses incurred by or on behalf of the undersigned Indemnitee are itemized on Attachment I to this Indemnitee’s Undertaking.
The undersigned Indemnitee hereby requests that the total amount of these Expenses (the “Advanced Amount”) be
paid by the Company in advance of the final disposition of such Proceeding in accordance with the Agreement.

 

The undersigned Indemnitee
hereby affirms that at all times, insofar as the Indemnitee was involved as a/an director, officer, employee of the Company, in
any of the facts or events giving rise to the Proceeding, the undersigned (1) acted in good faith and honestly, (2) did
not receive any improper personal benefit in money, property or services, (3) in the case of any criminal Proceeding, had
no reasonable cause to believe that any act or omission was unlawful, and (4) was not liable by reason of Disabling Conduct.

 

The undersigned Indemnitee
hereby agrees to repay the Advanced Amount to the Company to the extent that it is ultimately determined pursuant to Section 8,
or, in the event the Indemnitee elects to pursue other remedies pursuant to Section 11, that the undersigned Indemnitee is not
entitled to be indemnified therefor by the Company.

 

Very truly yours,

 

                                                                   

Signature

 

                                                                   

Name of Indemnitee (Type or Print)

 

    	 

    	 

    

 

ATTACHMENT T TO

INDEMNITEE’S UNDERTAKING

 

ITEMIZATION OF

TYPES AND AMOUNTS OF EXPENSES

 

Attached hereto are receipts, statements or
invoices for the following qualifying Expenses which Indemnitee represents have been incurred by Indemnitee in connection with
a Proceeding:

 

 

	 	Type	 	Amount
	1.	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	Total Advanced Amount

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