Document:

Exhibit

Exhibit 10.2

Tremont Realty Advisors LLC
Two Newton Place
225 Washington Street, Suite 300
Newton, Massachusetts  02458
March 9, 2018
Re:    Tremont Mortgage Trust (the “Trust”)
Gentlemen:
Reference is made to the Management Agreement dated as of September 18, 2017 by and between the Trust and Tremont Realty Advisors LLC (the “Manager”), a registered investment adviser.
The death of Mr. Barry M. Portnoy, a former Trustee of the Trust and an indirect controlling shareholder of the Manager, may be deemed an “assignment” of the Management Agreement within the meaning of the Investment Advisers Act of 1940 (the “Advisers Act”). The Management Agreement provides that it may not be assigned without the written consent of the Trust.
This letter shall confirm that, notwithstanding the provisions of the Advisers Act and the Management Agreement, the Trustees of the Trust wish to continue the Management Agreement on and in accordance with its current terms.
If the foregoing accurately reflects our understandings and agreements, please confirm your agreement by signing below and returning a copy of this letter so signed to Jennifer Clark via email at jclark@rmrgroupadvisors.com or via fax at (617) 928-1305.
Sincerely yours,
Tremont Realty Advisors LLC
By: _/s/ Matthew P. Jordan _________
Name: Matthew P. Jordan
		
	Title: 
	Senior Vice President, Chief Financial Officer and Treasurer

TREMONT MORTGAGE TRUST
By: _/s/ David M. Blackman _________
Name: David M. Blackman
Title:  Chief Executive Officer

1EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 3 TO LOAN AGREEMENT AND WAIVER 

This Amendment No. 3 to Loan Agreement and Waiver dated and effective as of May 10, 2018 (this “Amendment”) is made by and among
Edgewater Technology, Inc., (“Edgewater”) a Delaware corporation having an address of 200 Harvard Mill Square, Suite 210, Wakefield, Massachusetts 01880 and its Subsidiaries now or hereafter listed in Schedule 1 hereto (with
Edgewater, collectively, the “Borrower”) and Citizens Bank, N.A., formerly known as RBS Citizens, N.A. a national banking association with an address at 28 State Street, Boston, Massachusetts 02109 (the “Lender”).
All capitalized terms used herein, and not otherwise defined herein, shall have the meanings ascribed to such terms in the Loan Agreement (as defined below). 

RECITALS 
 The Borrower is indebted to Lender
pursuant to a certain Loan Agreement dated as of September 23, 2013 by and among Lender and Borrower, as amended by Amendment No. 1 and Joinder dated December 21, 2015 and by Amendment No. 2 and Waiver dated March 16, 2018
(the “Loan Agreement”). The indebtedness described in the Loan Agreement has been further evidenced by an Amended and Restated Revolving Note dated as of December 21, 2015 in the principal amount of up to $15,000,000.00 (the
“Revolving Note”). 
 The Borrower has advised the Lender that the Borrower failed to comply with the Minimum Interest Coverage covenant
contained in Section 6(j) of the Loan Agreement for the reporting period ended March 31, 2018. The Borrower has requested that the Lender agree to waive the Borrower’s failure to comply with such covenant for such reporting period.

 The Lender and the Borrower have agreed to modify certain other provisions of the Loan Agreement. 

AGREEMENT 
 In consideration of the foregoing, of
the undertakings of the parties hereunder and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Borrower and Lender agree as follows: 

 

	A.	Amendments to Loan Agreement. 

  

	1.	The following new definition is hereby added to Section 1 of the Loan Agreement in appropriate alphabetical order: 

“Cash Collateral” means a cash deposit in a segregated deposit account with the Lender in the amount of $4,000,000.00, which
shall be increased to $5,000,000.00 on or before May 21, 2018. 

  
 1 

	2.	The definition of the term “Collateral” contained in Section 1 of the Loan Agreement is hereby deleted and replaced with the following new definition for such term: 

“Collateral” means any collateral pledged by the Borrower to the Lender as security for the Borrower’s Obligations under
this Agreement and the Note, including any collateral pledged pursuant to the Security Agreements and IP Security Agreements and the Cash Collateral.” 
  

	3.	Section 7(c) of the Loan Agreement is hereby deleted in its entirety and is replaced by the following new Section 7(c): 

“(c)     Set-off. In addition to any rights now or hereafter granted
under the Loan Documents and under applicable law and not by way of limitation of any such rights, the Lender is hereby authorized at any time after the occurrence of an Event of Default, without presentment, demand, protest or other notice of any
kind to the Borrower, all of which are hereby expressly waived, to set off and to appropriate and apply any and all deposits (general or special) and any other Indebtedness at any time held or owing by the Lender to or for the credit or the account
of the Borrower against and on account of the Obligations and liabilities of the Borrower to the Lender under this Agreement or otherwise, irrespective of whether or not the Lender shall have made any demand under this Agreement and although said
Obligations, liabilities or claims, or any of them, may then be contingent or unmatured and without regard for the availability or adequacy of other collateral. The Borrower grants to the Lender a security interest with respect to all of its
deposits and securities or other property in the possession of the Lender from time to time, including without limitation thereof in the Cash Collateral, and, upon the occurrence of any Event of Default the Lender may exercise all rights and
remedies of a secured party under the Uniform Commercial Code with respect thereto.” 
  

	B.	Waivers. 

 1.      The Lender hereby waives the Borrower’s failure to
comply with the Minimum Interest Coverage covenant contained in Section 6(j) of the Loan Agreement for the reporting period ended March 31, 2018. 

2.      The waiver provided by the Lender in Section 1 above is a one-time waiver
of such covenant, applicable only to the specific covenant and specific time period set forth in Section 1. The Lender’s granting of such waiver shall not be deemed to constitute a course of conduct or dealing or to indicate that the
Lender will be willing to waive the Borrower’s failure to comply with such covenant or with any other terms or conditions of the Loan Agreement or the other Loan Documents at any other time. The Lender reserves the right to require strict
compliance by the Borrower with each and every term and condition set forth in the Loan Documents. 
 3.      As a condition
to the within waiver, the Borrower has this day delivered to the Lender good and immediately available funds in the amount of $4,000,000.00 as Cash Collateral for the Obligations. The within waiver is subject to the further condition subsequent that
the Borrower deposit with the Lender on or before May 21, 2018 and additional sum of $1,000,000.00 such that the Cash Collateral shall be at least $5,000,000.00 on or before May 21, 2018. 

  
 2 

	C.	Miscellaneous. 

 1.      Conditions of Effectiveness. This
Amendment shall become effective when, and only when, Lender shall have received: (a) a counterpart of this Amendment executed by each Borrower, (b) deposit by the Borrower with the Lender of the initial Cash Collateral of $4,000,000.00,
and (c) such other documents, instruments and agreements as Lender may reasonably request. 
 The within waiver and amendments are also subject to
Borrower’s reimbursement to Lender of reasonable legal fees, expenses and other disbursements in connection with this Amendment and closing of the transactions contemplated hereby. 

2.      No Other Changes. Except for the specific amendments contained herein, no other changes are hereby made to the
Loan Agreement, and each Borrower reaffirms its obligations under the Loan Documents (as amended hereby) in their entirety. This Amendment is not intended to extinguish or affect any of the debt evidenced by the Notes or to otherwise modify any of
the obligations under any of the Loan Documents, except as amended hereby. 
 3.      Representations, Warranties and
Releases. Each Borrower hereby represents and warrants as follows, giving effect to the within waiver: (a) the representations and warranties contained in Section 3 of the Loan Agreement are true, correct and complete in all material
respects on and as of the date hereof as though made on and as of such date (except to the extent such representations and warranties relate to an earlier date, in which case they are true and correct as of such date); (b) no Default or Event of
Default as described in the Loan Agreement has occurred and is continuing or would result from the signing of this Amendment or the transactions contemplated hereby; and (c) there has been no material adverse change in the condition of Borrower
or the ability of Borrower to perform its respective Obligations as amended hereby since the date of the last financial statements furnished to Lender. Each Borrower further: (i) acknowledges and agrees that the Lender has performed all of its
obligations under the Loan Documents through the date hereof (ii) acknowledges and agrees that the Borrower has no defense to the full and timely payment and performance of its Obligations under the Loan Documents and (iii) waives any and
all defenses, setoffs and counterclaims, if any, against Lender arising out of or related to the Loan Documents or any actions taken by Lender to the date of the execution of this Agreement in connection therewith. Each Borrower hereby releases,
remise and discharges the Lender and all past, present and future officers, directors, stockholders, agents, employees, attorneys, consultants, subsidiaries, affiliates, participants, successors and assigns of the Lender from any and all claims,
demands and causes of action of any kind, whether known or unknown, arising out of or related to the Loan Documents up to the date of this Amendment. 

4.      Reference to and Effect on the Loan Agreement. Upon the effectiveness of this Amendment, each reference in the
Loan Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import shall mean and be a reference to the Loan Agreement as amended hereby. Except as specifically amended above, the Loan
Agreement shall remain in full force and effect and is hereby ratified and confirmed. Except as expressly provided herein, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any

  
 3 

 
right, power or remedy of Lender under the Loan Agreement, nor constitute a waiver of any provision of the Loan Agreement. 

5.      Costs, Expenses and Taxes. Borrower agrees to pay on demand all reasonable costs and expenses of Lender in
connection with the preparation, execution and delivery of this Amendment and any other instruments and documents to be delivered hereunder, including, without limitation, the reasonable fees and out-of-pocket expenses of counsel for Lender with respect thereto and with respect to advising Lender as to its rights and responsibilities hereunder and thereunder. 

6.      Execution in Counterparts. This Amendment may be executed in any number of counterparts, each of which when so
executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same instrument. 

7.      WAIVER OF JURY TRIAL.    BORROWER AND LENDER HEREBY WAIVE ANY RIGHT TO A TRIAL BY JURY IN
ANY ACTION, PROCEEDING OR COUNTERCLAIM OF ANY KIND OR NATURE RELATED DIRECTLY OR INDIRECTLY TO (a) THIS AMENDMENT, (b) THE TRANSACTIONS AND OBLIGATIONS CONTEMPLATED HEREBY AND BY THE OTHER LOAN DOCUMENTS, OR
(c) ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (ORAL OR WRITTEN), OR ACTIONS OF LENDER OR BORROWER. THE WAIVER MADE HEREUNDER IS MADE KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY FOR SUBSTANTIAL CONSIDERATION AND AS AN
INDUCEMENT FOR LENDER TO ENTER INTO THIS AMENDMENT. 
 8.      Governing Law. This Amendment shall be governed by,
and construed in accordance with, the laws of the Commonwealth of Massachusetts. 
 [Signatures appear on the following Pages 5 and 6.] 

  
 4 

 IN WITNESS WHEREOF, this Note has been executed and delivered under seal May 10, 2018. 

 

							
		 		 	 BORROWER:
 Edgewater Technology,
Inc.

				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Edgewater Technology (Delaware), Inc.
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Edgewater Technology-Ranzal, LLC
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Fullscope, Inc.
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Edgewater Technology-Branchbird, Inc.
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Edgewater Technology-M2, Inc.
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  

							
		 		 	Edgewater Technology-Zero2Ten, Inc.
				
	 /s/ Tom Reid
	 		 	By	 	/s/Paul McNeice
	Witness	 		 	Name:	 	Paul McNeice
		 		 	Title:	 	Interim Chief Financial Officer

  
 5 

 IN WITNESS WHEREOF, this Note has been executed and delivered under seal May 10, 2018. 

 

							
		 		 	 LENDER
  

Citizens Bank, N.A.

				
	/s/ Tom Reid	 		 	By:	 	/s/ Brendan Roche
	Witness	 		 	Name:	 	Brendan Roche
		 		 	Title:	 	SVP

  
 6 

 Schedule 1 

Schedule of Borrowers 
  

					
	Borrower	  	Address	  	Federal Id No.
	 Edgewater
Technology, Inc.
	  	 	  	 
	 Edgewater
Technology (Delaware), Inc.
	  	 	  	 
	 Edgewater
Technology-Ranzal, LLC
	  	 	  	 
	
Fullscope, Inc.
	  	 	  	 
	 Edgewater
Technology-Branchbird, Inc.
	  	 	  	 
	 Edgewater
Technology-M2, Inc.
	  	 	  	 
	 Edgewater
Technology-Zero2Ten, Inc.
	  	 	  	 
	 Edgewater
Solutions Canada, Inc. (subsidiary; not a borrower)
	  	 	  	 

  
 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}]]