Document:

Exhibit

Exhibit 10.8
SECOND AMENDMENT TO ADVISORY AGREEMENT OF
PHILLIPS EDISON GROCERY CENTER REIT I, INC.

This Second Amendment (this “Amendment”) is made effective as of November 3, 2015, to the Advisory Agreement (the “Advisory Agreement”), dated December 3, 2014 and amended on October 1, 2015, by and among Phillips Edison Grocery Center REIT I, Inc., a Maryland corporation (formerly Phillips Edison - ARC Shopping Center REIT Inc., the “Company”), Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership (formerly Phillips Edison - ARC Shopping Center Operating Partnership L.P., the “Partnership”), and Phillips Edison NTR LLC, a Delaware limited liability company (the “Advisor”).  Capitalized terms used but not defined herein will have the meanings ascribed to such terms in the Advisory Agreement.
WHEREAS, the Company, the Partnership and the Advisor previously entered into the Advisory Agreement; and
WHEREAS, the Company (acting through the Conflicts Committee) has evaluated the performance of the Advisor and desires to renew the Advisory Agreement for an additional one year period;
NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and agreements contained herein and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Advisory Agreement is hereby amended as follows:
		
	1.
	Amendment to Section 12.1. Section 12.1 of the Advisory Agreement shall be deleted in its entirety and replaced as follows:

12.1    Term.  This Agreement shall have a term ending December 3, 2016, and may be renewed for an unlimited number of successive terms of no more than one year upon mutual consent of the parties.  The Company (acting through the Conflicts Committee) will evaluate the performance of the Advisor before renewing this Agreement, and each such renewal shall be for a term of no more than one year.  Any such renewal must be approved by the Conflicts Committee. 
		
	2.
	Limited Effect; No Modifications. This Amendment is effective as of the date first set forth above.  The amendment set forth above shall be limited precisely as written and relate solely to the provisions of the Advisory Agreement in the manner and to the extent described above.  Except as expressly set forth herein, nothing contained in this Amendment will be deemed or construed to amend, supplement or modify the Advisory Agreement or otherwise affect the rights and obligations of any party thereto, all of which remain in full force and effect.

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date and year first above written.
	
			
	 
	 
	Phillips Edison Grocery Center REIT I, Inc.

By: /s/ R. Mark Addy
Name:R. Mark Addy
Title:Co-President

	 
	 
	Phillips Edison Grocery Center Operating Partnership I, L.P.

By: Phillips Edison Grocery Center OP GP I LLC, its general partner

By: Phillips Edison Grocery Center REIT I, Inc., its sole member

By: /s/ R. Mark Addy
Name:R. Mark Addy
Title:Co-President

	 
	 
	Phillips Edison NTR LLC

By: /s/ R. Mark Addy
Name:R. Mark Addy
Title:Co-Presidentex10-1.htm

Exhibit 10.1

Verbal agreement

Dated December 10, 2015

This Verbal Agreement (“Agreement”) is made between Corina Safaler (“President”), President of Wike Corp. and Wike Corp. (“Company”).

This Agreement is witness therefore that President has agreed to loan the Company needed funds, in the amount of $400 US (“Loan”), which is necessary for the Company’s start up process and expanses.

The Loan is unsecured and does not bear any interest. The Loan does not have the repayment date and other provisions.

 

/s/ Corina Safaler               

Corina Safaler

Chief Executive Officer & President of Wike Corp.ex10-2.htm

Exhibit 10.2

 

SALES CONTRACT

This Sales Contract (“Contract”) is made 1st of September, 2015 by and between Wike Corp., with its principal place of business at Via Arno, 8, 40139 Bologna, Italy (“Seller”) and, Dragonfly Ltd. with its principal place of business at Via Adelaide Ristori, 11, 40127 Bologna, Italy (“Buyer”) for the purchase of the goods described below:

1. TERMS. The Seller desires to sell the Buyer and the Buyer desires to buy from the Seller following goods:

Item # ornamental ribbons

Price: US$2.8 for 1 meter of printed ribbon

In case if the Buyer would like the Seller to present individual design of ornamental ribbons the price will be agreed between the Buyer and Seller as contract price.

The Buyer shall picks up the goods from the Seller’s office. The Buyer should provide purchase order in advance of thirty days (30 days’) or earlier to the Seller. The Seller should provide the invoice for each order.

2. NOTICE. The Buyer shall give the Seller ninety days (90 days’) advance notice regarding any change to the quantity requested for delivery. The Seller shall refund any extra payment accordingly.

3. RISK OF LOSS. The Seller shall incur the risk of loss from any casualty to the Goods, regardless of the cause, until the Goods have been a delivered by the Buyer.

4. ACCEPTANCE. The Buyer shall have the right to inspect the goods upon receipt, and within ten business days (10 days’) after the goods are received the Buyer shall give notice to the Seller of any claim for damages on account of condition, quality, or grade of the goods.  The Buyer shall specify the basis of the claim in detail. Failure of the Buyer to comply with these conditions will constitute irrevocable acceptance of the goods by the Buyer. All notices between the parties must be in writing and delivered by courier or by certified mail, return receipt requested.

5.CHARGES. The Buyer shall pay for the total sale amount upon providing the exact quantity of ornamental ribbons. Any late payment shall bear a late charge of 10 %. If the Seller undertakes collection or enforcement efforts, the Buyer shall be liable for all costs thereof, including attorney fees.

 

 

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6. WARRANTY. The Seller warrants that the goods sold hereunder are free from substantial defects in workmanship and materials. The Seller's liability under the foregoing warranty is limited to replacement of goods or repair of defects or refund of the purchase price at the Seller's sole option. The Seller makes no other warranty, express or implied, and none shall be imputed or presumed.

7. WARRANTY OF TITLE. The Seller warrants that at the time of signing this agreement, the Seller neither knows nor has reason to know of the existence of any outstanding title or claim of title hostile to rights of the Seller in the goods.

8. TAXES. All sales taxes, tariffs, and other governmental charges shall be paid by the Buyer and are the Buyer's Responsibility except as limited by Law.

9. GOVERNING LAW. The laws of the Italian Republic shall govern this Contract. Any disputes hereunder will be heard in the appropriate state courts located in Italy.

10. FORCE MAJEURE. The Seller may, without liability, delay performance or cancel this Contract on account of force majeure events or other circumstances beyond its control, including, but not limited to, strikes, acts of God, political unrest, embargo, failure of source of supply, or casualty.

11. MISCELLANEOUS. This Contract shall be binding upon the parties and their respective heirs, executors, administrators, successors, assigns and personal representatives.

12. ATTORNEY FEE PROVISION. In any litigation, arbitration, or other proceeding by which one party either seeks to enforce its rights under this Contract or seeks a declaration of any rights or obligations under this Contract, the prevailing party shall be awarded reasonable attorney fees, together with any costs and expenses, to resolve the dispute and to enforce the final judgment.

	
ACKNOWLEDGMENT BY SELLER

 

Wike Corp.

Via Arno, 8, 40139 Bologna, Italy

 

 

 

/s/ SAFALER CORINA               

(Seller)

ITALIAN REPUBLIC

	
ACKNOWLEDGMENT BY BUYER

 

Dragonfly Ltd.

Via Adelaide Ristori, 11, 40127 Bologna, Italy

 

 

 

/s/ BRUNO GALLO               

(Buyer)

ITALIAN REPUBLIC

 

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Exhibit 10.3

 

LEASE AGREEMENT

 

Dated August 27, 2015

 

This Lease is made by and between Mauricio Polito (hereinafter "Landlord") and Wike Corp. (hereinafter "Tenant"). In consideration for the mutual promises and covenants contained herein, and for other good and valuable consideration, the parties hereby agree as follows:

 

1. The Landlord leases to the Tenant, and the Tenant rents from the Landlord the following described premise: 30 square meres located at Via Lodovico Berti, 40131, Bologna, Italy.

 

2. The term of the Lease shall be for one year commencing on September 17, 2015 and ending September 17, 2016. The Tenant pay to Landlord as rent $2400 per the year, in the event of monthly payment the amount for a mouth would be $200. The validity of this agreement can be expanded for longer period upon an oral agreement of the Landlord and the Tenant.

 

3. This Lease is subject to all present or future mortgages affecting the premises. Tenant shall use and occupy the premises only as a manufacturer subject at all times to the approval of the Landlord.

 

4. The Tenant shall not make any alterations, additions or improvements to the premises without the prior written consent of the Landlord.

 

5. The Landlord, at his own expense, shall furnish the following utilities or amenities for the benefit of the Tenant:

 

Empty space with working electricity sockets, clean, working facilities, without any background payment such as bills, checks etc.

 

6. The Tenant shall not permit or commit waste to the premises. The Tenant shall comply with all rules, regulations, ordinances codes and laws of all governmental authorities having jurisdiction over the premises.

 

7. The Tenant shall not permit or engage in any activity that will affect an increase in the rate of insurance for the Building in which the premises is contained nor shall the Tenant permit or commit any nuisance thereon.

 

8. The Tenant shall not sublet or assign the premises nor allow any other person or business to use or occupy the premises without the prior written consent of the Landlord, which consent may not be unreasonably withheld.

 

9. At the end of the term of this Lease, the Tenant shall surrender and deliver up the premises in the same condition (subject to any additions, alterations or improvements, if any) as presently exists, reasonable wear and tear excluded.

 

10. Upon default in any term or condition of this Lease, the Landlord shall have the right to undertake any or all other remedies permitted by Law.

 

11. This Lease shall be binding upon, and inure to the benefit of, the parties, their heirs, successors, and assigns.

 

Authorized signatures:

 

 

/s/ Corina Safaler                                                                                            /s/ Mauricio Polito            

 

   Wike Corp.                                                                                                      Mauricio Polito

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