Document:

Exhibit

Exhibit 10.1a

Amendment to
Outstanding Awards under the 
Kinsale Capital Group Inc. 2016 Omnibus Incentive Plan

This amendment (the “Amendment”), dated as of December 31, 2018, hereby amends the Kinsale Capital Group Inc. 2016 Omnibus Incentive Plan (the “Plan”) and each restricted stock award agreement and stock option award agreement evidencing a currently outstanding restrict stock award or stock option award (each, an “Award”) under the Plan as follows:

		
	1.
	Section 2(r) of the Plan is hereby deleted and replaced with the following:

“‘Disability’ means, with respect to any Participant, that such Participant as determined by the Administrator in its sole discretion, is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months.”

		
	2.
	Section 3.2 of each outstanding restricted stock award agreement is hereby deleted and replaced with the following:

“If the Grantee’s Continuous Status as an Employee, Director or Consultant terminates for any reason other than due to death or Disability prior to an applicable Vesting Date, as of the Termination Date, the Grantee shall forfeit any unvested Restricted Shares.  If the Grantee’s Continuous Status as an Employee, Director or Consultant terminates due to death or Disability prior to an applicable Vesting Date, all then-unvested Time-Vested Stock shall fully vest as of the Termination Date and all then-unvested Performance-Vested Stock shall vest as of the Termination Date based on actual level of achievement as of the Termination Date.”

		
	3.
	Sections 2.2.4.1 and 2.2.4.2 of each outstanding stock option agreement is hereby deleted and replaced with the following:

“2.2.4.1.    the portion of the Option that is unvested as of the Termination Date shall become fully vested and exercisable as of the Termination Date; and”

2.2.4.2.    the portion of this Option that is vested and exercisable as of the Termination Date (including any portion of the Option which vests pursuant to Section 2.2.4.1 above) shall terminate and be cancelled on the earlier of (a) the expiration of the Term and (b) the date that is six (6) months after such of the Termination Date.”

		
	4.
	Except as expressly amended by this Amendment, all terms and conditions of the Plan and the outstanding Awards thereunder shall remain in full force and effect.

		
	5.
	This Amendment shall be governed by and construed in accordance with the laws of the State of Delaware, without reference to principles of conflict of laws.EXHIBIT 10.15

 

SUMMARY OF COMPENSATION ARRANGEMENTS WITH
NON-EMPLOYEE DIRECTORS

 

The following summarizes
the current compensation and benefits received by the Company’s non-employee directors as of January 1, 2019. This document
is intended to be a summary of existing oral, at will arrangements, and in no way is intended to provide any additional rights
to any non-employee director. Compensation of the non-employee directors may be adjusted from time to time.

 

Retainer

 

Non-employee directors
each receive an annual retainer fee of $60,000. The Chairman of the Audit Committee receives an annual retainer of $20,000, the
Chairman of the Compensation Committee receives an annual retainer of $10,000 and the Chairman of each of the Corporate Governance/Nominating
Committee and Diversity Committee receives an annual retainer of $6,000. A director that chairs more than one committee receives
a retainer with respect to each Committee he chairs. All of the retainers are paid on a quarterly basis.

 

Meeting Fees

 

Per meeting fees for non-employee directors
are as follows:

 

		–	For meetings of the Board of Directors, $2,500.

 

		–	For meetings of the Compensation Committee, $2,000.

 

		–	For meetings of the Nominating and Governance Committee, $1,500.

 

		–	For meetings of the Diversity Committee, $1,500.

 

		–	For meetings of the Audit Committee either in person or over the telephone, $2,500.

 

		–	In addition, the Chairman receives an additional $2,500 for preparing to conduct each quarterly
meeting.

 

Equity Compensation

 

Under the terms of
the Company’s Stock Incentive Plan, directors are eligible to receive stock options, stock awards, and other types of equity-based
compensation awards. However, the Company does not make any such awards to non-employee directors under its current compensation
practices.

 

All non-employee
directors are entitled to reimbursement of expenses for all services as a director, including committee participation or special
assignments.Exhibit 104b

		
			Novation of and Amendment No. 1 to Marketing Agent Agreement
		

		
			﻿
		

		
			This Novation of and Amendment No. 1 to the Marketing Agent Agreement (this “Amendment”), by and between Aberdeen Standard Investments ETFs (US) LLC (formerly, ETF Securities (US) LLC and ETFS Marketing, LLC), a Delaware limited liability company (“Aberdeen ETFs US”),  Aberdeen Standard Investments ETFs Sponsor LLC, a Delaware limited liability company (“Aberdeen ETFs Sponsor”), and ALPS Distributors, Inc., a Colorado corporation (“ALPS”),  is effective as of October 1, 2018 (the “Effective Date”).
		

		
			﻿
		

		
			WHEREAS,  Aberdeen ETFs US and ALPS entered into a Marketing Agent Agreement on behalf of ETFS Palladium Trust (the “Trust”), dated as of July 16, 2009,  as amended (the “Agreement”); 
		

		
			﻿
		

		
			WHEREAS,  Aberdeen ETFs US wishes to novate the Agreement to Aberdeen ETFs Sponsor and Aberdeen ETFs Sponsor and ALPS wish to accept and approve of such novation; and
		

		
			﻿
		

		
			WHEREAS,  Aberdeen ETFs US,  Aberdeen ETFs Sponsor, and ALPS wish to amend the Agreement as set forth herein.
		

		
			﻿
		

		
			NOW, THEREFORE, the parties hereby agree to amend the Agreement as follows:
		

		
			﻿
		

			
	
			
				 1.
			The Agreement is hereby novated from Aberdeen ETFs US to Aberdeen ETFs Sponsor and all rights and obligations of Aberdeen ETFs US under the Agreement are hereby transferred to Aberdeen ETFs Sponsor.  Aberdeen ETFs US,  Aberdeen ETFs Sponsor and ALPS accept and approve of such novation. 

			
	
			
				 2.
			All references in the Agreement to “ETF Securities (US) LLC”, “ETFS Marketing, LLC” or “ETFS Marketing” are hereby replaced with “Aberdeen Standard Investments ETFs Sponsor LLC” or “Aberdeen ETFs Sponsor”, as applicable.

			
	
			
				 3.
			All references in the Agreement to “ETFS Palladium Trust” are hereby replaced with “Aberdeen Standard Palladium ETF Trust.”

			
	
			
				 4.
			All references in the Agreement to “ETF Securities USA LLC” are hereby replaced with “Aberdeen Standard Investments ETFs Sponsor LLC.”

			
	
			
				 5.
			The address for notices required or permitted to be given to the Trust or Aberdeen ETFs Sponsor pursuant to the Agreement is hereby deleted and replaced with the following:

		
			Aberdeen Standard Investments ETFs Sponsor LLC
		

		
			c/o Aberdeen Standard Investments
		

		
			712 Fifth Avenue – 49th Floor, New York, NY 10019
		

		
			Attn: Adam Rezak
		

		
			Telephone: 844-383-7289
		

		
			E-Mail:  adam.rezak@aberdeenstandard.com
		

		
			﻿
		

		 

 

			
	
			
				 6.
			Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect.  Any items not herein defined shall have the meaning ascribed to them in the Agreement.

		
			﻿
		

		
			IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date.
		

		
			﻿
		

		
			Aberdeen Standard Investments ETFs Sponsor LLCALPS Distributors, Inc.
		

		
			By: Aberdeen Asset Management Inc., its sole 
		

		
			member
		

		
			﻿
		

		
			﻿
		

		
			By: /s/ Lucia SitarBy: /s/ Steven B. Price
		

		
			Name:  Lucia SitarName: Steven B. Price
		

		
			Title:  VP of Aberdeen Asset Management Inc.Title: Senior Vice President & Director of 
		

		
			Distribution Services
		

		
			﻿
		

		
			Aberdeen Standard Investments ETFs (US) LLC
		

		
			By: Aberdeen Asset Management Inc., its sole
		

		
			member
		

		
			﻿
		

		
			By: /s/ Lucia Sitar
		

		
			Name:  Lucia Sitar
		

		
			Title:  VP of Aberdeen Asset Management Inc.hgv-ex109k_2038.htm

Exhibit 10.9(k)

Amendment No. 10 to

Receivables Loan Agreement

This Amendment no. 10 to Receivables Loan Agreement (this “Amendment”), effective as of February 14, 2019 (the “Effective Date”), is executed by and among HILTON GRAND VACATIONS TRUST I LLC, a Delaware limited liability company (together with its successors and assigns, the “Borrower”), the financial institutions signatory hereto as Managing Agents, the financial institutions signatory hereto as Conduit Lenders, the financial institutions signatory hereto as Committed Lenders and DEUTSCHE BANK SECURITIES, INC., as Administrative Agent.  Capitalized terms used, but not otherwise defined herein, shall have the meanings ascribed thereto in the “Receivables Loan Agreement” (defined below).

WITNESSETH:

WHEREAS, the Borrower, the Managing Agents party thereto, the Administrative Agent, Wells Fargo Bank National Association, as Securities Intermediary and Paying Agent, the Conduit Lenders party thereto, and the Committed Lenders party thereto are parties to that certain Receivables Loan Agreement dated as of May 9, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Receivables Loan Agreement”); and

WHEREAS, as provided herein, the parties hereto have agreed to amend certain provisions of the Receivables Loan Agreement and provide certain waivers under the Receivables Loan Agreement and the other Facility Documents, each as further described below;

NOW, THEREFORE, in consideration of the premises and the mutual agreements hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

SECTION 1.Amendment to the Receivables Loan Agreement.  Effective as of the Effective Date, and subject to the satisfaction of the conditions precedent set forth in Section 3 hereof, the Receivables Loan Agreement is hereby amended by amending and restating the definition of “Default Ratio” set forth in Section 1.01 of the Receivables Loan Agreement as follows: 

““Default Ratio” means, for any Collection Period, the ratio, expressed as a percentage, computed by dividing (i) the aggregate Timeshare Loan Balances of all Pledged Timeshare Loans that became Defaulted Timeshare Loans during such Collection Period and were not substituted for or repurchased prior to the related Distribution Date (with the outstanding principal balance of each such Pledged Timeshare Loan determined as of the last day of the Collection Period on which such Pledged Timeshare Loan became a Defaulted Timeshare Loan) by (ii) the aggregate Timeshare Loan Balances of all Pledged Timeshare Loans on the last day of such Collection Period.”

 

 

KL231093524

 

SECTION 2.Waiver.  Prior to the Effective Date, clause (ii) of the definition Delinquency Ratio was calculated giving effect to substitutions and repurchases of Defaulted Timeshare Loans and the acquisition by the Borrower of Additional Timeshare Loans, in each case on or prior to the related Determination Date.  Effective as of the Effective Date, and subject to the satisfaction of the conditions precedent set forth in Section 3 hereof, the Administrative Agent and the Managing Agents waive any Default, Event of Default, Unmatured Servicer Termination Event or Servicer Termination Event directly related to the Default Ratio being calculated prior to the date hereof in the manner contemplated by such definition after giving effect to this Amendment and to the Delinquency Ratio being calculated in accordance with the prior sentence. The foregoing waivers do not and shall not apply to any other Default, Event of Default, Unmatured Servicer Termination Event or Servicer Termination that may currently be outstanding, and shall not apply to any future Default, Event of Default, Unmatured Servicer Termination Event or Servicer Termination. Without limiting the generality of the foregoing, the Borrower agrees that the foregoing waivers and the execution, delivery and effectiveness of this Amendment shall not entitle the Borrower to any future or additional consent, amendment, waiver or modification of any provision of the Receivables Loan Agreement or any other Facility Document, nor shall the execution and delivery of this Amendment establish a course of dealing among the Borrower, the Administrative Agent and the Managing Agents or in any other way obligate the Administrative Agent or the Managing Agents to hereafter provide any consent, amendment, waiver or modification of any provision of the Receivables Loan Agreement or any other Facility Document.

SECTION 3.Conditions Precedent.  This Amendment shall become effective on the Effective Date upon the satisfaction of the Administrative Agent having received counterparts of this Amendment executed by each of the parties hereto.

SECTION 4.Representations, Warranties and Confirmations.  The Borrower hereby represents and warrants that:

 4.1It has the power and is duly authorized, including by all limited liability company action on its part, to execute and deliver this Amendment.

 4.2This Amendment has been duly and validly executed and delivered by it.

 4.3This Amendment and Receivables Loan Agreement as amended hereby, constitute legal, valid and binding obligations of the Borrower and are enforceable against the Borrower in accordance with their terms.

 4.4Immediately prior, and after giving all effect, to this Amendment, the covenants, representations and warranties of the Borrower set forth in the Receivables Loan Agreement are true and correct in all material respects as of the date hereof (except to the extent such representations or warranties relate solely to an earlier date and then as of such date).

 4.5Immediately prior, and after giving all effect, to this Amendment, and other than any Servicer Termination Event, Unmatured Servicer Termination Event, Default or Event of Default directly related to the Default Ratio being calculated prior to the date hereof in the manner contemplated by such definition after giving effect to this Amendment and to the Delinquency Ratio being calculated in accordance with the first sentence of Section 3 of this Amendment, no event, condition or circumstance has occurred and is continuing which constitutes a Servicer Termination Event, Unmatured Servicer Termination Event, Default or Event of Default.

SECTION 5.Delivery of Executed Amendment.  The Borrower covenants and agrees that it will deliver an executed copy of this Amendment to the Paying Agent and the Custodian promptly following the effectiveness hereof.

 

		
	
KL231093524
	
2

 

 

SECTION 6.Entire Agreement.  The parties hereto hereby agree that this Amendment constitutes the entire agreement concerning the subject matter hereof and supersedes any and all written and/or oral prior agreements, negotiations, correspondence, understandings and communications.

SECTION 7.Effectiveness of Amendment.  Except as expressly amended by the terms of this Amendment, all terms and conditions of the Receivables Loan Agreement and the other Facility Documents, as applicable, shall remain in full force and effect and are hereby ratified and confirmed.  This Amendment shall not operate as a consent, waiver, amendment or other modification of any other term or condition set forth in the Receivables Loan Agreement and the other Facility Documents or any right, power or remedy of the Administrative Agent or any Managing Agent or Lender under the Receivables Loan Agreement and the other Facility Documents, except as expressly modified hereby.  Upon the effectiveness of this Amendment, each reference in the Receivables Loan Agreement to “this Agreement” or “this Receivables Loan Agreement” or words of like import shall mean and be references to the Receivables Loan Agreement, as applicable, as amended hereby, and each reference in any other Facility Document to the Receivables Loan Agreement or to any terms defined in the Receivables Loan Agreement which are modified hereby shall mean and be references to the Receivables Loan Agreement, or to such terms as modified hereby. 

SECTION 8.GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

SECTION 9.Binding Effect.  This Amendment shall be binding upon and shall be enforceable by parties hereto and their respective successors and permitted assigns.

SECTION 10.Headings.  The Section headings herein are for convenience only and will not affect the construction hereof.

SECTION 11.Novation.  This Amendment does not constitute a novation or termination of the Receivables Loan Agreement or any Facility Document and all obligations thereunder are in all respects continuing with only the terms thereof being modified as provided herein.

SECTION 12.Counterparts.  This Amendment may be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument.  Delivery of an executed counterpart of a signature page to this Amendment by facsimile or by electronic mail in a “.pdf” file shall be effective as delivery of a manually executed counterpart of this Amendment.

SECTION 13.Fees, Costs and Expenses.  The Borrower agrees to pay on demand all reasonable fees and out-of-pocket expenses of Morgan, Lewis & Bockius LLP, counsel for the Administrative Agent, incurred in connection with the preparation, execution and delivery of this Amendment and the other instruments and documents to be delivered in connection herewith.

[Signature Pages Follow]

 

 

		
	
KL231093524
	
3

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective authorized officers as of the date first above written.

 

			
	
HILTON GRAND VACATIONS TRUST I LLC,

	
as Borrower

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Mark Laurent

	
Name:
	
 
	
Mark Laurent

	
Title:
	
 
	
VP Treasury

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
Deutsche Bank SECURITIES, INC.,

	
as Administrative Agent

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert Sannicandro

	
Name:
	
 
	
Robert Sannicandro

	
Title:
	
 
	
Managing Director

	
 
	
 
	
 

	
By:
	
 
	
/s/ Alex Nixon

	
Name:
	
 
	
Alex Nixon

	
Title:
	
 
	
Vice President

	
 
	
 
	
 

	
DEUTSCHE BANK AG, NEW YORK BRANCH

	
as a Committed Lender and a Managing Agent

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Robert Sannicandro

	
Name:
	
 
	
Robert Sannicandro

	
Title:
	
 
	
Managing Director

	
 
	
 
	
 

	
By:
	
 
	
/s/ Alex Nixon

	
Name:
	
 
	
Alex Nixon

	
Title:
	
 
	
Vice President

	
 
	
 
	
 

 

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
BANK OF AMERICA, N.A.,

	
as a Committed Lender and a Managing Agent

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Carl W. Anderson

	
Name:
	
 
	
Carl W. Anderson

	
Title:
	
 
	
Managing Director

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
BARCLAYS BANK PLC,

	
as a Committed Lender and a Managing Agent

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Chin-Yong Choe

	
Name:
	
 
	
Chin-Yong Choe 

	
Title:
	
 
	
Director

	
 
	
 
	
 

	
SHEFFIELD RECEIVABLES COMPANY LLC,

	
as a Conduit Lender

	
 
	
 
	
 

	
By:
	
 
	
Barclays Bank PLC,

	
 
	
 
	
as attorney-in-fact

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Chin-Yong Choe

	
Name:
	
 
	
Chin-Yong Choe

	
Title:
	
 
	
Director

	
 
	
 
	
 

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
WELLS FARGO BANK, NATIONAL ASSOCIATION,

	
as a Committed Lender and a Managing Agent

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Leigh Poltrack

	
Name:
	
 
	
Leigh Poltrack

	
Title:
	
 
	
Vice President

	
 
	
 
	
 

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
SUNTRUSTBANK,

	
as a Committed Lender and a Managing Agent

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Emily Shields

	
Name:
	
 
	
Emily Shields

	
Title:
	
 
	
First Vice President

 

 

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
Acknowledged and agreed:

	
 
	
 
	
 

	
 
	
 
	
 

	
HILTON RESORTS CORPORATION,

	
as Seller

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Mark Laurent

	
Name:
	
 
	
Mark Laurent

	
Title:
	
 
	
VP, Portfolio

	
 
	
 
	
 

	
GRAND VACATIONS SERVICES LLC,

	
as Servicer

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Mark Laurent

	
Name:
	
 
	
Mark Laurent

	
Title:
	
 
	
VP, Portfolio

 

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

 

 

			
	
WELLS FARGO BANK, NATIONAL ASSOCIATION,

	
as Backup Servicer

	
 
	
 
	
 

	
 
	
 
	
 

	
By:
	
 
	
/s/ Jennifer C. Westberg

	
Name:
	
 
	
Jennifer C. Westberg

	
Title:
	
 
	
Vice President

 

 

[Signature Page to Amendment No. 10 to Receivables Loan Agreement]

KL2 3109352

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}]]