Document:

EXHIBIT 10.1

 

[EASYLINK LETTERHEAD]

 

 

January 26, 2012

 

Mr. Robert E. Moore

Concept Capital Holdings, LLC

1010 Franklin Avenue, Suite 303

Garden City, New York 11530

 

	RE:	EasyLink Services International Corporation Common Stock Holdings

 

Dear Mr. Moore:

 

This letter agreement
(this “Agreement”) is intended to confirm certain understandings and agreements among EasyLink Services International
Corporation (“EasyLink”), on the one hand, and Concept Capital Holdings, LLC and its affiliates
(collectively, “Concept Capital”), on the other hand, with respect to Concept
Capital’s “Beneficial Ownership” of “Corporation Securities” (as such terms, and the other
capitalized terms not defined herein, are defined in that certain Stockholder Rights Agreement, by and between the Company and
American Stock Transfer and Trust Company, LLC, as rights agent, dated as of August 25, 2009 (as it may be amended from time to
time, the “Rights Agreement”)) arising in connection with a transfer of employment to Concept
Capital of money managers overseeing an existing investment in EasyLink.

The
parties acknowledge that in response to Concept Capital’s request to be deemed an “Exempted Person” under
the Rights Agreement following a change in Concept Capital’s Beneficial Ownership of Corporation
Securities that, absent action taken by EasyLink’s Board of Directors, would cause Concept
Capital to become an “Acquiring Person” under the Rights Agreement, EasyLink’s
Board of Directors has determined that such occurrence would not jeopardize, endanger or limit the availability to EasyLink
of its “Tax Benefits” and that the determination to deem Concept Capital to be an
Exempted Person was in the best interests of EasyLink and its stockholders.

Concept
Capital hereby agrees that, from the date hereof until the termination of the Rights Agreement, Concept
Capital (together with its “Affiliates” and “Associates”) shall not increase
its Beneficial Ownership of Corporation Securities, and Concept Capital shall cause its Affiliates and Associates not to increase
their Beneficial Ownership of Corporation Securities, to an amount in excess of the lesser of the aggregate Corporation Securities
being transferred to Concept Capital in connection with the transfer of employment of the money managers or 9.9% of outstanding
Corporation Securities.

This Agreement, together
with the Rights Agreement, constitutes the entire agreement among the parties with respect to the subject matter herein and supersedes
any prior agreement or understanding among the parties hereto. This Agreement shall not be assigned or transferred by Concept
Capital without the prior written consent of Easylink. This Agreement shall be governed by and construed in accordance
with the laws of the State of Georgia without regard to principles of conflicts of law that would apply the laws of a different
jurisdiction. In case any provision in this Agreement shall be deemed to be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions hereof shall not in any way be affected or impaired hereby. This Agreement may
be executed in multiple counterparts, each of which shall be deemed an original and all of which together shall constitute one
agreement, and any facsimile, e-mail or other electronic transmission of a counterpart hereto shall constitute an original hereof.

    	 

    	 

    

 

If you are in agreement
with the above, please so indicate by countersigning and returning an executed original of this letter to me at (678) 505-4817.
If you have any questions, please contact me at (678) 533-8010.

 

	 	Sincerely,
	 	 
	 	/s/ Glen E. Shipley     
	 	
        Glen E. Shipley

        Chief Financial Officer

        EasyLink Services International Corporation

 

Acknowledged,
accepted and agreed to this 26th day of January, 2012. 

Concept Capital Holdings, LLC

 

	By: 	/s/ Robert E. Moore
	 	Mr. Robert E. MooreEXHIBIT 10.2

 

[EASYLINK LETTERHEAD]

 

 

January 26, 2012

 

Mr. Thomas N. Calabria

Chief Compliance Officer

Burnham Asset Management Corp.

1325 Avenue of the Americas

26th Floor

New York, New York 10019

 

	RE:	EasyLink Services International Corporation Common Stock Holdings

 

Dear Mr. Calabria:

 

This letter agreement
(this “Agreement”) confirms that the letter agreement dated November 4, 2010 among EasyLink Services International
Corporation (“EasyLink”), on the one hand, and Burnham Asset Management Corp., Burnham Securities
Inc. and their affiliates (collectively, “Burnham”), on the other hand, setting forth certain understandings and agreements
related to Burnham’s “Beneficial Ownership” of “Corporation Securities” (as such terms, and
the other capitalized terms not defined herein, are defined in that certain Stockholder Rights Agreement, by and between the Company
and American Stock Transfer and Trust Company, LLC, as rights agent, dated as of August 25, 2009) is hereby terminated by mutual
agreement of the parties.

If you are in agreement
with the above, please so indicate by countersigning and returning an executed original of this letter to me at (678) 505-4817.
If you have any questions, please contact me at (678) 533-8010.

 

	 	Sincerely,
	 	 
	 	/s/ Glen E. Shipley     
	 	
        Glen E. Shipley

        Chief Financial Officer

        EasyLink Services International Corporation

  

Acknowledged, accepted and agreed to this 26th day of January,
2011.

 

Burnham Asset Management Corp.

 

	By: 	/s/ Thomas N. Calabria
	 	Thomas N. Calabria

Chief Compliance OfficerExhibit
10.1

 

FIRST
AMENDMENT TO SECOND AMENDED AND RESTATED 

LOAN
AND SECURITY AGREEMENT

 

THIS
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) is made and entered into
as of the 27th day of January, 2012 between FCC, LLC, d/b/a First Capital, a Florida limited liability company (“Lender”),
and FULL CIRCLE CAPITAL CORPORATION, a Maryland corporation (“Borrower”).

 

W
I T N E S S E T H:

 

WHEREAS, Borrower and Lender
are parties to that certain Second Amended and Restated Loan and Security Agreement dated as of August 31, 2010 (as
amended, restated or otherwise modified from time to time, the “Loan Agreement”); and

WHEREAS,
Borrower has requested that Lender amend the Loan Agreement as set forth herein, and Lender is willing to do so on the terms and
conditions set forth herein.

NOW,
THEREFORE, in consideration of the foregoing premises, and other good and valuable consideration, the receipt and legal sufficiency
of which are hereby acknowledged, the parties hereto hereby agree as follows:

1.Definitions.
All capitalized terms used herein and not otherwise expressly defined herein shall have the respective meanings given to such terms
in the Loan Agreement.

2.Extension
of Stated Maturity Date. The Loan Agreement is hereby amended by deleting Item 5 of the Schedule and substituting
the following in lieu thereof:

 

5.Termination
Date: This Agreement will terminate on July 31, 2012.

3.Commitment
Fee. The Loan Agreement is hereby amended by deleting clause (b) of Item 8 of the Schedule and substituting the
following in lieu thereof:

 

b.In consideration
of the maintenance of Lender’s commitment hereunder, Borrower will pay to Lender a commitment fee, payable on the dates set
forth below and in the amounts set forth below:

 

    	 

    	 

    

 

	Date	Amount
	January 31, 2012	0.30% of the average daily principal balance of the outstanding revolving loans hereunder during the three-month period ending January 31, 2012
	April 30, 2012	0.30% of the average daily principal balance of the outstanding revolving loans hereunder during the three-month period ending April 30, 2012
	July 31, 2012	0.30% of the average daily principal balance of the outstanding revolving loans hereunder during the three-month period ending July 31, 2012

 

In the event that the Obligations are
repaid in full and Lender’s commitment to make loans hereunder is terminated on or prior to July 31, 2012, then the fee described
above shall be payable on such repayment date in an amount equal to 0.30% of the average daily principal balance of the outstanding
revolving loans hereunder during the period beginning on the first day of the calendar quarter in which such repayment date occurs
and ending on such repayment date (but without giving effect to the repayment of the Obligations on such repayment date) and pro-rated
accordingly for the number of days elapsed through the date of the termination and exclusive of the first date of this Agreement.

 

All of the foregoing fees constitute
compensation to Lender for services rendered and are not interest or a charge for the use of money. Each installment of such fees
shall be fully earned when due and payable and shall not be subject to refund or rebate.

 

4.Ratification
of Loan Documents. Borrower hereby restates, ratifies, and reaffirms each and every term, condition representation and warranty
heretofore made by it under or in connection with the execution and delivery of the Loan Agreement, as amended hereby, and the
other Loan Documents, as fully as though such representations and warranties had been made on the date hereof and with specific
reference to this Agreement and the Loan Documents.

 

5.No
Other Changes. Except as set forth herein, the Loan Agreement shall be and remain in full force and effect as originally written,
and shall constitute the legal, valid, binding and enforceable obligation of Borrower to Lender.

 

6.Costs
and Expenses. In consideration of the accommodations made by Lender hereunder, Borrower agrees to pay to Lender, on demand,
all costs and expenses of Lender in connection with the preparation, execution, delivery and enforcement of this Agreement and
the other Loan Documents and any other transactions contemplated hereby and thereby, including, without limitation, the reasonable
fees and out-of-pocket expenses of legal counsel to Lender. Without limiting anything contained in the Loan Agreement, Borrower
hereby authorizes Lender to charge all of such fees, costs and expenses to Borrower’s loan account as such amounts become
due and payable.

 

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7.No
Default. To induce Lender to enter into this Agreement, Borrower hereby represents and warrants that, as of the date hereof,
and after giving effect to the terms hereof, there exists no Default under the Loan Agreement or any of the other Loan Documents.

 

8.Release. To induce Lender
to enter into this Agreement, Borrower (a) acknowledges and agrees that no right of offset, defense, counterclaim, claim or objection
exists in favor of Borrower against Lender arising out of or with respect to the Loan Agreement, the other Loan Documents, the
Obligations, or any other arrangement or relationship between Lender and Borrower, and (b) releases, acquits, remises and forever
discharges Lender and its affiliates and all of their past, present and future officers, directors, employees, agents, attorneys,
representatives, successors and assigns from any and all claims, demands, actions and causes of action, whether at law or in equity,
whether now accrued or hereafter maturing, and whether known or unknown, which Borrower now or hereafter may have by reason of
any manner, cause or things to and including the date of this Agreement with respect to matters arising out of or with respect
to the Loan Agreement, the other Loan Documents, the Obligations, or any other arrangement or relationship between Lender and Borrower.

 

9.Lender Not Obligated
for Further Amendments. Borrower acknowledges that (a) except as expressly set forth herein, Lender has not agreed to (and
has no obligation whatsoever to discuss, negotiate or agree to) any restructuring, modification, amendment, waiver or forbearance
with respect to the Obligations or any of the terms of the Loan Documents, (b) no understanding with respect to any other restructuring,
modification, amendment, waiver or forbearance with respect to the Obligations or any of the terms of the Loan Documents shall
constitute a legally binding agreement or contract, or have any force or effect whatsoever, unless and until reduced to writing
and signed by authorized representatives of Borrower and Lender, and (c) the execution and delivery of this Agreement has not established
any course of dealing among the parties hereto or created any obligation or agreement of Lender with respect to any future restructuring,
modification, amendment, waiver or forbearance with respect to the Obligations or any of the terms of the Loan Documents.

 

10.Counterparts.
This Agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of
which, when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute
but one and the same instrument.

 

11.Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the successors and permitted assigns of the parties
hereto.

 

12.Choice
of Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, other than
its laws respecting choice of law.

 

[SIGNATURES
ON FOLLOWING PAGE]

 

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IN
WITNESS WHEREOF, Borrower and Lender have caused this First Amendment to Second Amended and Restated Loan and Security Agreement
to be duly executed as of the date first above written. 

 
 

	 	FULL CIRCLE CAPITAL CORPORATION
	 	 
	 	By: 	/s/ John E. Stuart
	 	 	John E. Stuart, President and Chief
Executive Officer

 

 
 

	 	FCC, LLC, d/b/a FIRST CAPITAL
	 	 
	 	By:	/s/ Lee E. Elmore
	 	 	Lee E. Elmore, Senior Vice President

 

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