Document:

Exhibit

 
EXHIBIT 10.30
THIRD OMNIBUS AMENDMENT TO LOAN DOCUMENTS

THIS THIRD OMNIBUS AMENDMENT TO LOAN DOCUMENTS (the “Amendment”) is made and entered into effective as of December 29, 2015, by and between [i] STOCK YARDS BANK & TRUST COMPANY, a Kentucky banking corporation having an address of 1040 East Main Street, Louisville, Kentucky 40206 (“Lender”), and [ii] GERMAN AMERICAN BANCORP, INC., an Indiana corporation with an address at 711 Main Street, Jasper, Indiana 47546 (the “Borrower”).

RECITALS

Reference is made to that certain Loan Agreement dated as of January 25, 2013, between Borrower and Lender, that certain Promissory Note (Revolving Note), dated as of January 25, 2013, payable by Borrower to the order of Lender in the face principal amount of $10,000,000, and that certain Stock Pledge Agreement, dated as of January 25, 2013, between Borrower and Lender, each as amended by that certain Omnibus Amendment to Loan Documents dated as of December 31, 2013, between Borrower and Lender, and as further amended by that certain Second Omnibus Amendment to Loan Documents dated as of December 30, 2014, between Borrower and Lender.  Said Loan Agreement, Promissory Note (Revolving Note) and Stock Pledge Agreement, as so amended, are referred to herein as the “Loan Agreement”, the “Revolving Note” and the “Pledge Agreement”.

WHEREAS, Lender and Borrower desire to extend the maturity date of the Revolving Note and to make such other modifications to the Loan Documents (as defined in the Loan Agreement) as are set forth herein.
NOW, THEREFORE, in consideration of the premises and for other valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, and intending to be legally bound, it is hereby agreed as follows:
 
ARTICLE 1.
AMENDMENT TO REVOLVING NOTE

1.1    Effective as of the date hereof, the Revolving Note is hereby amended as follows:

A.The face principal amount of the Revolving Note is increased from $10,000,000.00 to $20,000,000.00, and  each reference to the dollar amount “10,000,000.00” is stricken and replaced with $20,000,000.00”.

B.Each reference to the Final Maturity Date is hereby amended to mean December 28, 2016.

1

C.The first literal paragraph on page 1 is hereby amended and restated, effective from and after the date hereof to read in its entirety as follows:

FOR VALUE RECEIVED, the undersigned, GERMAN AMERICAN BANCORP, INC., a Indiana corporation with an address at 711 Main Street, Jasper, Indiana 47546 (the “Borrower”), hereby promises and agrees to pay to the order of STOCK YARDS BANK & TRUST COMPANY, a Kentucky banking corporation (“Lender”), having an address of 1040 East Main Street, Louisville, Kentucky 40206, an aggregate principal sum equal to the lesser of [i] TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00), or [ii] so much thereof as is advanced hereunder and not repaid, together with interest thereon as hereinafter provided, in lawful money of the United States of America, in the manner set forth herein, on or before December 28, 2016 (the “Final Maturity Date”). 

D.    The last literal paragraph which begins at the end of page 2 and continues on page 3 be and is hereby amended and restated, effective from and after the date hereof, to read in its entirety as follows: 

Borrower shall pay Lender a non-usage fee (the “Non-usage Fee”) calculated on a quarterly basis for each calendar quarter hereunder until and including the Final Maturity Date, and any other date that this Note is paid in full and canceled (the “Final Payment Date”).  The Non-Usage Fee applicable hereunder to a particular calendar quarter shall be computed by applying the rate of one-fourth of one percent (0.25%) to the difference between the face amount of this Note ($20,000,000.00) less the average amount of outstanding principal balance under this Note for the number of days that have elapsed from and including the first day of that particular calendar quarter and ending on the first to occur of the last day of that particular calendar quarter, the Final Maturity Date or the Final Payment Date.  The Non-usage Fee applicable hereunder to a particular calendar quarter shall be payable on the first to occur of the first day of the second calendar quarter next succeeding that particular calendar quarter, the Final Maturity Date and the Final Payment Date.  By way of example, the Non-usage Fee for the fourth calendar quarter of 2015 shall be calculated as of December 31, 2015 and shall be payable on April 1, 2016 (assuming neither the Final Maturity Date nor the Final Payment Date Note has occurred prior to April 1, 2016).  For the avoidance of doubt, the Non-usage Fee for each calendar quarter commencing prior to the Final Maturity Date or Final Payment Date that is not otherwise due and payable hereunder prior to the Final Maturity Date or Final Payment Date, as applicable, shall be due and payable in full on the Final Maturity Date or Final Payment Date, as applicable. 
1.2    This Amendment is not intended to, and shall not, affect a novation of the obligations expressed in the Revolving Note or the Loan Documents.  Except as expressly provided herein, the Revolving Note shall continue to be in full force and effect from and after the date of this Amendment as it was prior to the date hereof.

 

2

ARTICLE 2.
AMENDMENT TO LOAN AGREEMENT
 
2.1    Effective as of the date hereof, Section 1.33 of the Loan Agreement is hereby amended and restated to read as follows:

1.33    “Revolving Loan Amount” means $20,000,000.00, subject to the Availability Limitation described in Article 2.

2.2    Effective as of the date hereof, Section 1.34 of the Loan Agreement is hereby amended and restated to read as follows:

1.34    “Revolving Loan Expiration Date” means December 28, 2016, or such later date or dates, if applicable, as to which Borrower and Lender (each in their sole and absolute discretion, which may be exercised arbitrarily) may agree in writing.

2.3    Effective as of the date hereof, Section [A][ii] of Schedule 1 to the Loan Agreement is hereby amended and restated to read as follows:

[ii]    Promissory Note dated as of January 25, 2013, made by GERMAN AMERICAN BANCORP, INC., an Indiana corporation (the "Borrower"), to the order of STOCK YARDS BANK & TRUST COMPANY, a Kentucky banking corporation ("Lender"), in the face principal amount of $20,000,000.00, as amended by that certain Omnibus Amendment to Loan Documents effective as of December 31, 2013, as further amended by that certain Second Omnibus Amendment to Loan Documents effective as of December 30, 2014, and as further amended by that certain Third Omnibus Amendment to Loan Documents effective as of December 29, 2015 (collectively, the "Revolving Note") and maturing on December 28, 2016.
2.4    Effective as of the date hereof, the form of the Promissory Note (Revolving Note) appearing in the Revolving Note Exhibit is hereby amended as set out in this this Amendment.

2.5    Effective as of the date hereof, each reference to the Loan Agreement contained in any of the Loan Documents shall be deemed to refer to the Loan Agreement as the same has been amended pursuant to this Amendment.

ARTICLE 3.
AMENDMENT TO STOCK PLEDGE AGREEMENT
 
3.1    Effective as of the date hereof, each reference to the Revolving Note, the Loan Agreement, or the final maturity date of the Revolving Note contained in that certain Stock Pledge Agreement dated as of January 25, 2013, as heretofore amended by that certain Omnibus Amendment to Loan Documents dated as of December 31, 2013, and as further amended by that certain Second Omnibus Amendment to Loan Documents effective as of December 30, 2014, shall hereby be deemed to refer to the same as amended by this Amendment.
  

3

ARTICLE 4.
AMENDMENT TO LOAN DOCUMENTS

4.1    Effective as of the date hereof, each reference to the Loan Agreement or any of the Loan Documents (as the term is defined in the Loan Agreement) shall mean and be deemed to refer to each of the same as modified by this Amendment.

ARTICLE 5.
CONDITIONS TO EFFECTIVENESS
 
5.1    This Amendment shall become effective when, and only when, [i] Lender has received this Amendment duly executed by Borrower together with any extension fees, unused loan fees, and required payments of principal or interest due under the Loan Documents as of the date hereof, and [ii] Lender has received such other documents, instruments and certificates as Lender may reasonably request to insure the binding effect in accordance with the terms hereof and of the Loan Documents and to establish the security for the benefit of Lender contemplated thereby.

ARTICLE 6.
MISCELLANEOUS PROVISIONS
 
6.1    Except as modified by this Amendment, all of the provisions of the Loan Documents shall continue in full force and effect in the same form as they existed immediately prior to the effectiveness of this Amendment.  This Amendment is not intended to, and shall not, affect a novation of the obligations expressed in the Loan Documents, nor are any of the Loan Documents intended to be released, altered or changed in any manner except as expressly provided herein, and the lien of such documents shall continue to be in full force and effect from and after the date of this Amendment as it was prior to the date hereof.

6.2    By executing this Amendment, the Borrower hereby represents and warrants that the parties signing this Amendment and any other documents related thereto on behalf of the Borrower each have the full power and authority to execute the same, and that the above mentioned documents are binding and enforceable against the Borrower in accordance with their respective terms. 

6.3    The Borrower hereby acknowledges and agrees that neither it nor any other party has any defenses or offsets to the payment of any amount due to Lender under any of the Loan Documents, and that neither it nor any other party has any defenses to the performance of any of the obligations arising under or in connection with any of the other Loan Documents.

6.4    This Amendment contains the final, complete and exclusive understanding of the parties to it with regard to its subject matter, may not be modified except pursuant to a writing signed by the party charged with the modification, shall be binding upon and inure to the benefit of the respective successors and assigns of each of the parties to it and shall be governed in all respects by the laws of the Commonwealth of Kentucky.  Borrower agrees to pay all costs and 

4

expenses incurred by Lender, including reasonable attorneys’ fees, in connection with the preparation of this Amendment and the documents delivered pursuant to it.

Borrower hereby restates and confirms each of the representations and warranties contained in the Loan Agreement and the other Loan Documents to which it is a party, respectively, as modified by this Amendment, and represents and warrants to, and agrees with, Lender that it has no offsets, defenses, claims or counterclaims to, or in connection with, any of its obligations pursuant thereto.

This Amendment may be executed in multiple counterparts, each of which shall constitute an original, but all of which taken together shall constitute one and the same agreement.

(the remainder of this page has been intentionally left blank)

5

IN TESTIMONY WHEREOF, witness the signatures of each of the parties to this Amendment effective as of the date first set forth above.
 
	
		
	 
	“Borrower”

 
	
			
	 
	GERMAN AMERICAN BANCORP, INC., an Indiana corporation

	 
	 

	 
	By:
	/s/ Bradley M Rust

	 
	 

	 
	Print Name:
	Bradley M Rust

	 
	 
	 

	 
	Title:
	Executive Vice Pres & CFO

 
	
				
	STATE OF
	Indiana
	)
	 

	 
	 
	)
	ss:

	COUNTY OF
	Dubois
	)
	 

 
On this, the 28th day of December, 2015, before me, a Notary Public, the undersigned officer, personally appeared Bradley M Rust, who acknowledged himself to be the Exec Vice Pres & CFO of GERMAN AMERICAN BANCORP, INC., an Indiana corporation, and that he, in such capacity, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing on behalf of said corporation.
 
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
 
	
			
	 
	Melissa L Hafele
	 

	 
	Notary Public
	 

My commission expires:  March 20, 2023

 

6

	
		
	 
	“Lender”

 
	
			
	 
	STOCK YARDS BANK & TRUST COMPANY, a Kentucky banking corporation

	 
	 

	 
	By:
	/s/ James E. Brown

	 
	 
	 

	 
	Print Name:
	James E. Brown

	 
	 

	 
	Title:
	Senior Vice President

 
	
				
	STATE OF KENTUCKY
	 
	)
	 

	 
	 
	)
	              ss:

	COUNTY OF
	Jefferson
	)
	 

 
On this, the 30st day of December, 2015, before me, a Notary Public, the undersigned officer, personally appeared James E. Brown, who acknowledged himself/herself to be the Senior Vice President of STOCK YARDS BANK & TRUST COMPANY, a Kentucky banking corporation, and that he/she, in such capacity, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing on behalf of said corporation.

IN WITNESS WHEREOF, I hereunto set my hand and official seal.
 
	
			
	 
	Judy L. Jennings
	 

	 
	Notary Public
	 

My commission expires:  March 29, 2019

61433141.2

7Exhibit 4.1 

 

WARRANT AMENDMENT

 

WARRANT AMENDMENT
(this “Amendment”) dated as of March 9, 2016, by and between [______] (the “Holder”),
and VRINGO, INC. (the “Company”).

 

W I T N E S S E T H:

 

WHEREAS, the
Company issued on May 4, 2015 to the Holder that certain May 2015 Warrant to Purchase Common Stock of Vringo, Inc., which was issued
for the purchase of an aggregate of [______] shares of Common Stock, par value $0.01 per share, of the Company (as the same may
be further modified or amended from time to time, the “Warrant”); and

 

WHEREAS, the
Company and the Holder desire to amend the Warrant as provided herein, effective as of the date hereof and as provided in Section
3 below;

 

NOW, THEREFORE,
in consideration of the premises and other good and valuable consideration, receipt of which is hereby acknowledged, the Company
and the Holder agree as follows:

 

1.                 
Recitals. The Recitals set forth above are incorporated herein by reference and made a part of this Amendment.

 

2.                 
Terms. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Warrant.

 

3.                 
Amendment to Warrant. Effective as of the date hereof, the parties agree to amend the Warrants as follows:

 

		a.	That the definition of “Exercise Price” included in Section 1(b) of the Warrant
shall be deleted in its entirety and the following substituted in lieu thereof:

 

“Exercise
Price. For purpose of this Warrant, “Exercise Price” means $3.00, subject to adjustment as provided herein.”

 

		b.	That Sections 2(c) and 2(d) of the Warrant shall be deleted in their entirety and
the following substituted in lieu thereof:

 

“(c)[Intentionally
Omitted]

 

(d)[Intentionally
Omitted]”

 

     

     

    

 

4.                 
Representations, Warranties and Covenants. The Holder hereby represents and warrants to the Company that it is the
owner of record and beneficial owner of the Warrant. The Company represents and warrants that the execution and delivery of this
Amendment by the Company has been duly authorized and all consents necessary for the execution and delivery of this Amendment have
been obtained.

 

5.                 
Successors. This Amendment shall inure to the benefit of and be binding upon the parties hereto and their respective
successors and assigns.

 

6.                 
Entire Agreement; Variances. This Amendment embodies the entire understanding between the parties with respect to
the subject matter hereof, with any and all prior correspondence being merged herein and replaced hereby and being void without
effect hereon. Except as otherwise amended by this Amendment, the terms and conditions of the Warrant shall remain unchanged. This
Amendment may not be changed or terminated orally, and no change, termination or attempted waiver of any of the provisions hereof
shall be binding unless in writing and signed by the parties hereto; any such change, termination or waiver, if made in accordance
herewith shall be binding without any additional legal consideration.

 

7.                 
Applicable Law. The parties agree that this Amendment shall be construed and governed in accordance with the laws
of the State of New York.

 

[signature page follows]

 

    2 

     

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Amendment as of the day and year first above written.

 

	 	Company:
	 	 	 
	 	VRINGO, INC.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Its:	 
	 	 	 
	 	Holder:
	 	 	 
	 	By: 	[                                                                  ]
	 	 	 
	 	By:	 
	 	Name:	 
	 	Its:	 

 

 

[Signature Page to Warrant Amendment]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00255-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00255-of-00352.parquet"}]]