Document:

EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 1 TO EQUITY DISTRIBUTION AGREEMENT 

March 9, 2020 
 Canaccord Genuity LLC 

99 High Street, Suite 1200 
 Boston, Massachusetts 02110 

Ladies and Gentlemen: 
 This Amendment
No. 1 to the Equity Distribution Agreement (this “Amendment”) is entered into as of the date first written above by T2 Biosystems, Inc., a Delaware corporation (the
“Company”), and Canaccord Genuity LLC (“Canaccord”), that are parties to that certain Equity Distribution Agreement, dated July 30, 2019 (the “Original Agreement”). All capitalized terms not
defined herein shall have the meanings ascribed to them in the Original Agreement. The parties, intending to be legally bound, hereby amend the Original Agreement as follows: 

1.    Section 1 of the Original Agreement is hereby deleted in its entirety and replaced with the following: 

“Issuance and Sale of Shares. The Company agrees that, from time to time during the term of this Agreement, on the terms and
subject to the conditions set forth herein, it will issue and sell through Canaccord, acting as sales agent, shares of common stock, $0.001 par value per share (the “Common Shares”), of the Company (the “Shares”)
having an aggregate offering price of up to $65,000,000. The Shares will be sold on the terms set forth herein at such times and in such amounts as the Company and Canaccord shall agree from time to time. The issuance and sale of the Placement
Shares (as defined below) through Canaccord will be effected pursuant to the Registration Statement (as defined in Section 6(a)) filed by the Company and declared effective by the United States Securities and Exchange
Commission (the “Commission”). 
 2.    In addition to the reimbursement of expenses set forth in
Section 7(h)(ii) of the Original Agreement, the Company shall reimburse Canaccord for all of its reasonable and documented expenses, up to a maximum reimbursement of $25,000, arising out of this Amendment (including travel and related
expenses, the costs of document preparation, production and distribution, third party research and database services and the reasonable and documented fees and disbursements of counsel to Canaccord) within ten (10) days of the presentation by
Canaccord to the Company of a reasonably detailed statement therefor. 
 3.    The Company represents and warrants to,
and agrees with Canaccord that this Amendment has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company, enforceable in accordance with its terms, except as rights to indemnification hereunder may be
limited by applicable law and except as the enforcement hereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable
principles. 

 4.    This Amendment together with the Original Agreement (including all
schedules and exhibits attached hereto and thereto and Placement Notices issued pursuant hereto and thereto) constitutes the entire agreement and supersedes all other prior and contemporaneous agreements and undertakings, both written and oral,
among the parties hereto with regard to the subject matter hereof. Neither this Amendment nor any term hereof may be amended except pursuant to a written instrument executed by the Company and Canaccord. In the event that any one or more of the
provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable as written by a court of competent jurisdiction, then such provision shall be given full force and effect to the fullest possible
extent that it is valid, legal and enforceable, and the remainder of the terms and provisions herein shall be construed as if such invalid, illegal or unenforceable term or provision was not contained herein, but only to the extent that giving
effect to such provision and the remainder of the terms and provisions hereof shall be in accordance with the intent of the parties as reflected in this Amendment. All references in the Original Agreement to the “Agreement” shall mean the
Original Agreement as amended by this Amendment; provided, however, that all references to “date of this Agreement” in the Original Agreement shall continue to refer to the date of the Original Agreement. 

5.    Except as set forth in this Amendment, all the terms and provisions of the Original Agreement shall continue in full
force and effect. 
 6.    The Company shall file a Prospectus Supplement pursuant to 424(b) of the Securities Act
reflecting this Amendment within two (2) Business Days of the date hereof. 
 7.    This Amendment shall be
governed by, and construed in accordance with, the internal laws of the State of New York without regard to the principles of conflicts of laws. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts
sitting in the City of New York, borough of Manhattan, for the adjudication of any dispute hereunder or in connection with any transaction contemplated hereby, and hereby irrevocably waives, and agrees not to assert in any suit, action or
proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party
hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof (certified or registered mail, return receipt requested) to such party at the address in
effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any
manner permitted by law. 
 8.    The Company and Canaccord hereby irrevocably waive any right either may have to a
trial by jury in respect of any claim based upon or arising out of this agreement or any transaction contemplated hereby. 

9.    This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. Delivery of an executed Amendment by one party to the other may be made by facsimile or email transmission. 

[Remainder of Page Intentionally Blank] 

  
 2 

 If the foregoing correctly sets forth the understanding between the Company and Canaccord,
please so indicate in the space provided below for that purpose, whereupon this letter shall constitute a binding amendment to the Original Agreement between the Company and Canaccord. 

 

			
	 Very truly yours,

	
	 CANACCORD GENUITY LLC

		
	By:	 	 /s/ Jennifer Pardi

	Name:	 	Jennifer Pardi
	Title:	 	Sr. Managing Director
	
	 ACCEPTED as of the date

	 first-above written:

	
	 T2 BIOSYSTEMS, INC.

		
	By:	 	 /s/ John J. Sperzel III

	Name:	 	John J. Sperzel III
	Title:	 	Chief Executive Officer

  
 3exhibit4310k

                 DESCRIPTION OF THE REGISTRANT'S SECURITIES                     REGISTERED PURSUANT TO SECTION 12 OF THE                          SECURITIES EXCHANGE ACT OF 1934           As of December 31, 2019, CrossFirst Bankshares, Inc. ("CrossFirst," "Corporation," "we, "us,"  or "our") has one class of securities registered under Section 12 of the Securities Exchange Act of 1934,  as amended (the "Exchange Act"): our common stock, par value $0.01 per share ("Common Stock").                               Description of Common Stock           The following description of the Common Stock is a summary and does not purport to be   complete. It is subject to and qualified in its entirety by reference to the articles of incorporation of  CrossFirst (the "Articles of Incorporation") and the bylaws of CrossFirst (the "Bylaws"), each of which  are incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this exhibit is a  part. We encourage you to read the Articles of Incorporation, the Bylaws and the applicable provisions of  the Kansas General Corporation Code (the "KGCC") for more information.    Authorized Capital Stock          The authorized capital stock of the Corporation consists of 200,000,000 shares of Common Stock,  par value $0.01 per share, and 5,000,000 shares of preferred stock, par value $0.01 per share ("Preferred  Stock"). The shares of Common Stock currently outstanding are fully paid and nonassessable.  No shares  of Preferred Stock are currently outstanding.   Dividend Rights          To the extent permitted under the KGCC and subject to the rights of any series of Preferred Stock  we may issue in the future, each holder of Common Stock participates ratably in dividends, which are  payable when and as declared by our board of directors (the "Board of Directors").    Voting Rights          Each holder of Common Stock has the right to vote on matters submitted to a vote of the  stockholders; provided, however, that except as otherwise required by law, common stockholders are not  entitled to vote on any amendment to the Articles of Incorporation that relates solely to the terms of one  or more outstanding series of Preferred Stock if the holders of such affected series are entitled to vote,  pursuant to the Articles of Incorporation or pursuant to the KGCC.          Each stockholder is entitled to one vote per share of Common Stock held by each such  stockholder, including, without limitation, respecting the election of directors. Subject to the rights of the  holders of any series of Preferred Stock we may issue in the future and except as otherwise required by  law or the Articles of Incorporation or the Bylaws, matters are generally decided by the affirmative vote  of a majority of the votes properly cast for or against such matter. The Board of Directors is currently  divided into three classes, as nearly equal in number as possible, designated: Class I, Class II and Class  III. Stockholders may not cumulate their votes in the election of directors. Subject to the rights of the  holders of any series of Preferred Stock we may issue in the future and except as otherwise required by  law or the Articles of Incorporation, directors are elected by a plurality of the voting power present or  represented at the applicable meeting and entitled to vote on the election of directors.          Subject to the rights of the holders of any series of Preferred Stock we may issue in the future and  except otherwise provided by law or by the Articles of Incorporation, the holders representing a majority 

 

 of the combined voting power of the capital stock issued and outstanding and entitled to vote at a   meeting, present in person or represented by proxy, constitute a quorum at all meetings of the   stockholders for the transaction of business.    Liquidation Rights          Upon any liquidation, dissolution or winding up of the Corporation, holders of the Corporation's   debt securities and lenders with respect to other borrowings will receive distributions of the Corporation's   available assets prior to holders of Common Stock or any series of Preferred Stock of the Corporation.   Upon liquidation, holders of any series of Preferred Stock we may issue in the future will generally   receive distributions of the Corporation's available assets prior to holders of Common Stock. After the   payment of all liabilities and of the liquidation preferences with respect to any issued and outstanding   shares of Preferred Stock, we will distribute our remaining assets to the holders of the Common Stock on   a pro rata basis.    Other Rights and Preferences           The Common Stock does not have conversion, preemptive or other rights to subscribe for   additional shares of capital stock of any class or series of the Corporation, whether now or hereafter   authorized. In addition, there are no sinking fund or redemption provisions applicable to the Common   Stock.     Anti-Takeover Considerations and Special Provisions of Our Articles of Incorporation, Bylaws and  Kansas Law          Certain provisions of Kansas law and the Articles of Incorporation and Bylaws could have the  effect of delaying or deferring the removal of incumbent directors that a stockholder may consider to be  in the stockholder's best interest or delaying, deferring or discouraging another party from acquiring  control of us, including delaying, preventing, discouraging or making more difficult unsolicited tender   offers or takeover attempts that a stockholder may consider to be in the stockholder's best interest,   including those takeover attempts that might result in a premium over the market price for the shares of   common stock held by stockholders. These provisions, summarized below, are intended to encourage   persons seeking to acquire control of us to first negotiate with the Board of Directors. These provisions   may also serve to discourage hostile takeover practices and inadequate takeover bids and have the effect   of making it more difficult for third parties to cause the replacement of our current management. We   believe that these provisions are beneficial because the negotiation they encourage could result in   improved terms of any unsolicited proposal. These provisions include:    Authorized but Unissued Capital Stock          We have authorized but unissued shares of Common Stock, and the Board of Directors may  authorize the issuance of one or more series of Preferred Stock without stockholder approval. These   shares could be used by the Board of Directors to make it more difficult or to discourage an attempt to   obtain control of us through a merger, tender offer, proxy contest or otherwise.    No Stockholder Action by Written Consent          The Articles of Incorporation provide that, except as otherwise provided by or pursuant to any   resolution or resolutions of the Board of Directors providing for the issuance of any series of stock having   a preference over the Common Stock as to dividends or upon liquidation, stockholder action can be taken   only at a duly called meeting of stockholders of the Corporation and may not be effected by any consent 

 

 in writing by stockholders.    Classified Board          Holders of the Preferred Stock that we may issue in the future may have the right to elect   members of the Board of Directors. The Board of Directors is currently divided into three classes, as   nearly equal in number as possible, designated: Class I, Class II and Class III. The Articles of   Incorporation require that in the event of any increase or decrease in the number of our directors, the   number of directors in each class be apportioned as nearly equal as possible. Any decrease in number of   directors does not shorten the term of any incumbent director. Each director generally serves for a term   ending on the date of the third annual meeting following the annual meeting at which such director was   elected (subject to shortened terms in the case of directors in office prior to our conversion to a   corporation on December 31, 2017), provided, that each initial Class I director serves for a term ending on   the date of the first annual meeting following the annual meeting at which such director was elected, each   initial Class II director serves for a term ending on the date of the second annual meeting following the   annual meeting at which such director was elected and each initial Class III director serves for a term   ending on the date of the third annual meeting following the annual meeting at which such director was   elected and that the term of each director will continue until the election and qualification of a successor  and be subject to such director's earlier death, resignation or removal. A third party may be discouraged  from making a tender offer or otherwise attempting to obtain control of us as it is more difficult and time   consuming for stockholders to replace a majority of directors on a classified board.    Limitation on Right to Call a Special Meeting of Stockholders          The Articles of Incorporation and Bylaws provide that, except as otherwise required by the  KGCC or as may be granted to the holders of any series of Preferred Stock, special meetings of  stockholders may be called only by either the Chief Executive Officer of the Corporation or by at least as  many directors as would be a majority of our directors if there are no vacancies on the Board of Directors.    Advance Notice Provisions         The Articles of Incorporation and Bylaws establish advance notice procedures with regard to  stockholder proposals to nominate directors or bring business at annual meetings of stockholders.  Generally, these procedures provide that notice of a stockholder proposal or director nomination must be  received by our Secretary not less than 90 days nor more than 120 days prior to the first anniversary of the  preceding year's annual meeting of stockholders. The notice must also meet certain form and content  requirements specified in the Bylaws. These requirements and procedures may preclude stockholders  from nominating directors or bringing business at annual meetings.   Filling of Board Vacancies         Any vacancy occurring and newly created directorships resulting from any increase in the  authorized number of directors in the Board of Directors may be filled by a majority of the directors then  in office, though less than a quorum, or by a sole remaining director and may not be filled by the  stockholders. A director elected to fill a vacancy or a newly created directorship holds office until the next  elections for the class of directors for which such director has been chosen, subject to the election and  qualification of a successor and to such director's earlier death, resignation or removal.   Charter Amendments         Certain provisions of the Articles of Incorporation with respect to the Board of Directors, 

 

 meetings of stockholders, limitation of director liability, indemnification and advancement of expenses   and amendments to the Articles of Incorporation and Bylaws may be amended or repealed only with the   affirmative vote of the holders of at least two-thirds of the capital stock of the Corporation entitled to vote   generally in an election of directors, voting together as a single class. Accordingly, satisfaction of   heightened voting standards would be required to amend the Articles of Incorporation, which could have   the effect of delaying, deferring or discouraging the acquisition of control of us.    Adoption, Amendment and Repeal of the Bylaws          The Articles of Incorporation authorize the Board of Directors to make, amend and repeal the  Bylaws of the Corporation and our stockholders may only make, amend or repeal the Bylaws of the  Corporation by the affirmative vote of two-thirds of the capital stock of the Corporation entitled to vote  generally in an election of directors, voting together as a single class. Accordingly, the Board of Directors  could take action to amend the Bylaws in a manner that could have the effect of delaying, deferring or  discouraging another party from acquiring control of us.   Business Combinations with Certain Persons         We are subject to Section 17-6427 of the KGCC, which provides that, subject to certain  exceptions, a Kansas corporation such as us may not engage in certain business combinations, including  mergers, consolidations and asset sales, with a person, who is an "interested stockholder" (generally  defined as the holder of 15% or more of the corporation's outstanding voting stock) for a period of three  years following the date such person became an interested stockholder, unless (i) prior to such date, the  Board of Directors of the corporation approved either the business combination or the transaction which  resulted in the stockholder becoming an interested stockholder; (ii) upon consummation of the transaction  which resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at  least 85% of the voting stock of the corporation outstanding at the time the transaction commenced  (excluding for purposes of determining the amount of voting stock outstanding certain shares owned by  persons who are both officers and directors and employee stock plans in which employee participants do  not have the right to determine confidentially whether shares held subject to the plan will be tendered in a  tender or exchange offer); or (iii) on or subsequent to such date, the business combination is approved by  the Board of Directors and authorized at an annual or special meeting of stockholders (and not by written  consent) by the affirmative vote of at least 66 2∕3% of the outstanding voting stock which is not owned by  the interested stockholder. This law may have the effect of prohibiting a business combination involving  us, even if such event would be beneficial to our stockholders.   Control Share Acquisition Statute         We are also subject to Section 17-1286 et seq. of the KGCC, which provides that, subject to  certain exceptions, any person or group must obtain stockholder approval before acquiring any share of  stock of a Kansas corporation such as us if, after the acquisition, that person or group would trigger a  specified level of voting power, beginning at 20%, as set forth in the statute. If the acquiring person fails  to obtain such stockholder approval, the acquired shares lose their voting rights. These voting rights may  be retained or restored only if the statutory disclosure requirements are met and the approval of both a  majority of the outstanding voting stock and a majority of the outstanding voting stock excluding  "interested shares" (generally, shares owned by the acquiring person or group, the corporation's directors  who are also its employees, and the corporation's officers) is secured.   Removal of Directors          Except for additional directors elected by the holders of a series of Preferred Stock we may issue 

 

 in the future entitling such holders to elect directors, any director or the entire Board of Directors may be   removed from office only for cause and only by the affirmative vote of at least a majority of the total   voting power of the outstanding shares of the capital stock of the Corporation entitled to vote in any   annual election of directors or class of directors, voting together as a single class.   Elimination of Liability and Indemnification          The Articles of Incorporation eliminate a director's liability to us and our stockholders for  monetary damages for breach of a fiduciary duty as a director, except in connection with (i) any breach of  the director's duty of loyalty to us or our stockholders, (ii) acts or omissions not in good faith or which  involve intentional misconduct or a knowing violation of law, (iii) certain transactions under Section 17-  6424 of the KGCC (relating to liability for unauthorized acquisitions or redemptions of, or payment of   dividends on, capital stock), or (iv) for any transaction from which the director derived an improper   personal benefit.          The Articles of Incorporation and Bylaws provide that we will indemnify each of our officers and   directors to the fullest extent permitted by applicable law and that any modification or repeal of the   Articles of Incorporation or Bylaws will not adversely affect this indemnification right of our officers and   directors with respect to any act or omission occurring prior to such modification or repeal. Our Articles   of Incorporation provide for advancement of expenses to any person who is or was an officer or director   to the fullest extent permitted by applicable law except for certain claims brought by any such   indemnified party and the Bylaws further provide that any expenses (including attorneys' fees) actually   and reasonably incurred by our officers and directors in connection with their defense of any   indemnifiable proceeding or the enforcement of their indemnification rights will be paid by us in advance   of the disposition of such action upon receipt of an undertaking by or on behalf of the officer or director   to repay such amount if it is ultimately determined that such officer or director was not entitled to be   indemnified.          The Bylaws also provide that the indemnification rights set forth in the Bylaws are not exclusive   of other indemnification rights to which an indemnified party may be entitled under any statute, provision   in the Articles of Incorporation or Bylaws, any agreement, the vote of stockholders or disinterested   directors, policy of insurance or otherwise, both as to action in their capacity and as to action in another   capacity while holding their respective offices, and shall not limit in any way any right which the   Corporation may have to provide additional indemnification with respect to the same or different persons   or classes of person. In this regard, we have entered into indemnification agreements with each of our   current directors and officers, and we anticipate that we will enter into indemnification agreements with   each of our future directors and officers, that provide these individuals with a contractual right to   indemnification from us to the fullest extent permitted under Kansas law against any liability that may   arise by reason of their service to us, and to the advancement of expenses incurred as a result of any   proceeding against them as to which they could be indemnified. Our Bylaws further authorize us to   purchase and maintain insurance on behalf of our officers and directors and we have obtained insurance to   cover such individuals for certain liabilities.    Kansas and Federal Banking Law          Under the Kansas Banking Code, the following transactions, among others, require application to   and the prior written approval of the Office of the State Bank Commissioner of Kansas: (i) the acquisition   of control of any Kansas state-chartered bank, (ii) the merger or consolidation of any Kansas state-  chartered bank, and (iii) the acquisition of the assets of, or the assumption of the liability to pay any   deposit made in, any Kansas-state chartered bank. For purposes of this law, "control" means the power to:  (i) vote 25% or more of any class of voting shares, (ii) direct, in any manner, the election of a majority of 

 

 the directors or (iii) direct or exercise a controlling influence over the management or policies.          The Bank Holding Company Act of 1956, as amended, generally prohibits any corporation that is  not engaged in financial activities and activities that are permissible for a bank holding company or a  financial holding company from acquiring control of the Corporation. For purposes of this law, "control"  generally means ownership of 25% or more of the voting stock or other exercise of a controlling  influence. In addition, any existing bank holding company would need the prior approval of the Federal  Reserve before acquiring 5% or more of any class of our voting securities. The Change in Bank Control  Act of 1978, as amended, prohibits a person or group of persons from acquiring control of a bank holding  company or a bank unless the Federal Reserve and the Federal Deposit Insurance Corporation ("FDIC"),  as applicable, has been notified and has not objected to the transaction. Under a rebuttable presumption  established by the Federal Reserve and the FDIC, the acquisition of 10% or more of a class of voting  stock of a bank holding company or a bank with a class of securities registered under Section 12 of the   Exchange Act, such as the Corporation after completion of the offering, could constitute acquisition of   control of the bank holding company.          The foregoing provisions of Kansas and federal law could make it more difficult for a third party   to acquire our wholly-owned subsidiary CrossFirst Bank or a majority of our outstanding voting stock, by  discouraging a hostile bid, or delaying, preventing or deterring a merger, acquisition or tender offer in  which our stockholders could receive a premium for their shares, or effect a proxy contest for control of  the Corporation or other changes in our management.    Transfer Agent          The Corporation's transfer agent is Broadridge Corporate Issuer Solutions, Inc.     Listing          The Common Stock is traded on the Nasdaq Global Select Market under the trading symbol   "CFB."

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