Document:

Promissory Note Between the Registrant and Wells Capital

 Exhibit 10.5 
 Promissory Note 
 $800,000 
 Borrower: Institutional REIT, Inc. (“Borrower”) 
 Dated as of March 28, 2007 
 For Value Received, Borrower promises to pay to the order of Wells Capital, Inc., its successors and assigns (the “Lender”) the
principal sum of $800,000, together with interest on the unpaid principal so advanced, calculated as set forth in Section 2 below. 
  

	1.	Maturity. On March 28, 2008 (the “Stated Maturity Date”), all of the obligations of the Borrower to the Lender, including all outstanding
principal, interest and all other amounts due under this Note, shall be due and payable in full. 

  

	2.	Interest Rate. The unpaid principal of this Note shall bear simple interest from the date advanced at the rate of six and thirty-five one-hundredths percent
(6.35%) per annum, or the maximum amount of interest allowed under the laws of the State of Georgia, whichever is less. Interest shall be calculated based on the principal balance outstanding under this Note as may be adjusted from time to time
to reflect the prepayment of outstanding principal and interest. Interest shall not be due and payable until such time as the principal balance of this Note becomes due and payable. 

  

	3.	Application of Payments. All payments made on account of this Note, including prepayments, shall be applied first to the payment of any accrued and unpaid interest due
hereunder, and the remainder shall be applied to the unpaid principal sum. 

  

	4.	Prepayment. Borrower may prepay the unpaid principal balance of this Note, in whole or in part, together with all interest then accrued under this Note and any other sums
then due and payable to Lender under the Note, without premium or penalty, at any time. 

  

	5.	Loan Documents. The term “Loan Documents” as used in this Note shall mean collectively this Note and any other instrument or agreement hereafter executed and
delivered by the Borrower or any person as evidence of, security for or in connection with this Note or the principal amount evidenced hereby and all renewals, extensions, refinancings, modifications, supplements or amendments hereof.

  

	6.	Unsecured and Nonrecourse. The parties intend that the obligations of the Borrower under this Note be unsecured. In no event shall any partner of Borrower or any director,
officer or shareholder of Borrower have any personal liability hereunder. 

  

	7.	Events of Default. The occurrence of any one or more of the following events shall constitute an event of default (individually, an “Event of Default” and
collectively, the “Events of Default”) under the terms of this Note: 

  

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	 	7.1.	Failure of the Borrower to pay any sum due the Lender under this Note or any of the other Loan Documents, when and as the same shall become due, whether at the Stated Maturity Date
or otherwise. 

  

	 	7.2.	Failure of the Borrower to observe or perform any warranty, covenant, condition or agreement to be observed or performed by the Borrower under this Note or any of the other Loan
Documents. 

  

	 	7.3.	If the Borrower shall: 

  

	 	A.	commence any proceedings or any other action relating to it in bankruptcy or seek reorganization, arrangement, readjustment of its debts, dissolution, liquidation, winding-up,
composition or any other relief under the United States Bankruptcy Act, as amended, or readjustment or debt or any other similar act or law, of any jurisdiction, domestic or foreign, now or hereafter existing; 

  

	 	B.	apply for, or consent to or acquiesce in, an appointment of a receiver, conservator, trustee or similar officer for it or for all or a substantial part of its property; or

  

	 	C.	make a general assignment for the benefit of creditors. 

  

	 	7.4.	If any proceedings are commenced or any other action is taken against the Borrower in bankruptcy or seeking reorganization, arrangement, readjustment of its debts, liquidation,
dissolution, winding-up, composition or any other relief under the United States Bankruptcy Act, as amended, or under any other insolvency, reorganization, liquidation, dissolution, or arrangement law or regulation, now or hereafter existing; or a
receiver, conservator, trustee or similar officer for the Borrower or for all or a substantial part of its property is appointed; and, in each such case, such event continues for sixty days undismissed or undischarged. 

  

	8.	Remedies. Upon the occurrence of an Event of Default, at the option of the Lender and upon written notice to Borrower, all amounts payable by the Borrower to the Lender under
the terms of this Note shall immediately become due and payable, and the Lender shall have all of the rights, powers, and remedies available under the terms of this Note, any of the other Loan Documents (if any) and all applicable laws; provided,
however, that if an Event of Default pursuant to Sections 7.3 or 7.4 occurs, without notice, all amounts payable by the Borrower to the Lender under the terms of this Note shall immediately become due and payable, and the Lender shall have all of
the rights, powers, and remedies available under the terms of this Note, any of the other Loan Documents (if any) and all applicable laws. 

  

	9.	Waiver. To the fullest extent permitted by law and except to the extent such rights are expressly provided in this Note, Borrower waives presentment, demand, protest, notice
of dishonor and all other notices with respect to Borrower’s obligations hereunder. 

  

 2 

	10.	Expenses. The Borrower shall pay to the Lender on demand by the Lender all costs and expenses incurred by the Lender in connection with the collection and enforcement of this
Note, including, without limitation, reasonable attorneys’ fees and expenses and all court costs. 

  

	11.	Governing Law. The provisions of this Note shall be construed, interpreted and enforced in accordance with the laws of the State of Georgia. 

  

	12.	Amendments. This Note may not be amended or modified, nor may any of its terms be waived, except by written instruments signed by the Borrower and the Lender and then only to
the extent set forth therein. 

  

	13.	Severability. If any provision of this Note is determined to be invalid, illegal or unenforceable, in whole or in part, the validity, legality and enforceability of any of
the remaining provisions or portions of this Note shall not in any way be affected or impaired thereby. 

  

	14.	Replacement. Upon the Borrower’s receipt of reasonably satisfactory evidence of the loss, theft, destruction or mutilation of this Note and (i) in the case of any
such loss theft or destruction, upon delivery of indemnity reasonably satisfactory to the Borrower in form and amount, or (ii) in the case of any such mutilation, upon surrender of this Note for cancellation, the Borrower shall execute and
deliver, in lieu thereof, a new Note. 

  

	15.	Miscellaneous. Each right, power and remedy of the Lender as provided for in this Note or any of the other Loan Documents (as now or hereafter existing), or now or hereafter
existing under any applicable law or otherwise shall be cumulative and concurrent and shall be in addition to every other right, power or remedy provided for in this Note or any of the other Loan Documents (as now or hereafter existing) or now or
hereafter existing under any applicable law, and the exercise or beginning of the exercise by the Lender of any one or more of such rights, powers or remedies shall not preclude the simultaneous or later exercise by the Lender of any or all such
other rights, powers or remedies. No course of dealing or any failure or delay by the Lender to insist upon the strict performance of any term, condition, covenant or agreement of this Note or any of the other Loan Documents, or any failure to
exercise any right, power or remedy consequent upon a breach thereof, shall constitute a waiver of any such term, condition, covenant or agreement or of any such breach, or preclude the Lender from exercising any such right, power or remedy at a
later time or times. By accepting payment after the due date of any amount payable under the terms of this Note, the Lender shall not be deemed to waive the right either to require prompt payment when due of all other amounts payable under the terms
of this Note or to declare an Event of Default for the failure to effect such prompt payment of any such other amount. No course of dealing or conduct shall be effective to amend, modify, waive, release or change any provisions of this Note.

 Signature page follows. 
  

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 IN WITNESS WHEREOF, Borrower has executed this Note as of the date first written above. 
  

			
	 Borrower:
  
 Institutional REIT, Inc.

		
	By:	 	/s/ Douglas P. Williams
		 	 Douglas P. Williams
 Executive Vice
President

  
  
  
 [Signature Page to Promissory Note Issued by Institutional REIT, Inc. on March
28, 2007] 
  

 4Form of Notice of Grant of Stock Option

 Exhibit 10.5 
 SUPER MICRO COMPUTER, INC. 
 NOTICE OF GRANT OF STOCK OPTION 
 The Participant has been granted an option (the “Option”) to purchase certain shares of Stock of Super Micro Computer, Inc.
pursuant to the Super Micro Computer, Inc. 2006 Equity Incentive Plan (the “Plan”), as follows: 
  

											
					
	 Participant:
	 	
	  		  	Employee ID:	  	  

					
	Date of Grant:	 	  
	  		  		  	
					
	 Number of Option Shares:
	 	  
	  		  		  	
						
	 Exercise Price:
	 	$	  	  
	  		  		  	
		
	 Initial Vesting Date:
	 	The date one (1) year after [vesting commencement date]
		
	 Option Expiration Date:
	 	The date ten (10) years after the Date of Grant
		
	 Tax Status of Option:
	 	                         Stock Option. (Enter
“Incentive” or “Nonstatutory.” If blank, this Option will be a Nonstatutory.)
		
	 Vested Shares:
	 	Except as provided in the Stock Option Agreement, the number of Vested Shares (disregarding any resulting fractional share) as of any date is determined by multiplying the Number of
Option Shares by the “Vested Ratio” determined as of such date as follows:
			
		 		  	Vested Ratio
		 	Prior to Initial Vesting Date	  	0
			
		 	On Initial Vesting Date, provided the Participant’s Service has not terminated prior to such date	  	1/4
			
		 	Plus	  	
			
		 	For each additional full month of the Participant’s continuous Service from Initial Vesting Date until the Vested Ratio equals 1/1, an additional	  	1/48
			
	 Superseding Agreement:
	 	[None] [NAME OF AGREEMENT]	  	
		
		 	The terms and conditions of the foregoing Superseding Agreement to which the Participant is a party shall, notwithstanding any provision of the Stock Option Agreement to the
contrary, supersede any inconsistent term or condition set forth in the Stock Option Agreement to the extent intended by such Superseding Agreement.

 By their signatures below or by electronic acceptance or authentication in a form authorized by the Company, the
Company and the Participant agree that the Option is governed by this Grant Notice and by the provisions of the Plan and the Stock Option Agreement, both of which are made a part of this document. The Participant acknowledges that copies of the
Plan, the Stock Option Agreement and the prospectus for the Plan are available on the Company’s internal web site and may be viewed and printed by the Participant for attachment to the Participant’s copy of this Grant Notice. The
Participant represents that the Participant has read and is familiar with the provisions of the Plan and the Stock Option Agreement, and hereby accepts the Option subject to all of their terms and conditions. 
  

					
	SUPER MICRO COMPUTER, INC.	 	PARTICIPANT
			
	 By:
	 	  
	 	  

		 		 	Signature
	 Its:
	 	  
	 	  

		 		 	Date
	 Address:
	 	 980 Rock Avenue
	 	  

		 	 San Jose, CA 95131
	 	 Address
  

  

			
	ATTACHMENTS:	 	2006 Equity Incentive Plan, as amended to the Date of Grant; Stock Option Agreement, Exercise Notice and Plan Prospectus

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