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ADVISORY AND CONSULTING SERVICES AGREEMENT
This Advisory and Consulting Services Agreement (the “Agreement”) is entered into as of October 17, 2022 (the “Effective Date”) and states the terms and conditions that govern the contractual agreement between Open Lending Corporation, a Delaware corporation (the “Company”), and Ross M. Jessup (the “Consultant”).
WHEREAS, the Consultant announced his retirement as President and Chief Operating Officer of the Company on October 5, 2022;
WHEREAS, in order to provide continuity in the business affairs of the Company during the period following the Consultant’s retirement, the Consultant is willing to provide consulting services with respect to such matters pertaining to the Company’s business and affairs as may be directed or requested of the Consultant from time to time by the Company’s Board of Directors, Chief Executive Officer or Chief Financial Officer (collectively, the “Consulting Services”); and
WHEREAS, the Company desires to retain the services of the Consultant to render the Consulting Services in accordance with the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and promises made by the parties hereto, the Consultant and the Company (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows:
1. Term
This Agreement shall begin on the Effective Date and continue for a duration of six (6) months or until terminated, in writing, by either Party (the “Term”). The Term may be extended for a period of thirty (30) days by mutual agreement of the Parties in writing.  Either Party may terminate this Agreement for any reason with ten (10) days’ written notice to the other Party.
2. Consulting Services
During the Term, the Consultant shall perform the Consulting Services as directed or requested by the Company’s Board of Directors, Chief Executive Officer or Chief Financial Officer.
3. Compensation and Expense Reimbursement
In consideration for performing the Consulting Services, the Company shall pay the Consultant as follows: no later than three (3) business days following the 17th day of each calendar month during the Term, the Company shall pay to the Consultant the amount of fifty thousand dollars ($50,000). The first such payment shall be made by the Company to Consultant no later than three (3) business days after the Effective Date.  In addition, the Consultant shall be entitled to reimbursement from the Company for reasonable "out-of-pocket" expenses which have been specifically authorized in advance by the Company in writing.

4. Intellectual Property Rights in Work Product
The Parties acknowledge and agree that the Company will hold all intellectual property rights in any work product resulting from the Consulting Services, including but not limited to copyright and trademark rights. The Consultant agrees not to claim any such ownership in such work product’s intellectual property at any time prior to or after the completion and delivery of such work product to the Company.
5. Relationship of Parties
It is understood by the Parties that the Consultant is an independent contractor with respect to the Company, and not an employee of Company.  The Consultant shall have the sole responsibility and obligation to report net earnings, if any, from the performance of Consulting Services.  The Consultant shall exonerate, indemnify and hold Company harmless from and against and shall assume full responsibility for the payment of all federal, state and local taxes or contribution imposed or required under employment insurance, social security and income tax laws with respect to the Consultant.
6. Notices
For the purposes of this Agreement, notices and all other communications shall be in writing and shall be deemed to have been duly given when personally delivered or sent by certified mail, return receipt requested, postage prepaid, addressed to the respective addresses last given by one Party to another Party or, if none, in the case of the Company, to the Company’s headquarters directed to the attention of the Company’s General Counsel and, in the case of the Consultant, to the most recent address shown in the personnel records of the Company. All notices and communications shall be deemed to have been received on the date of delivery thereof.
7. Indemnity
Except with respect to any gross negligence or intentional misconduct by the Consultant, the Company shall indemnify, defend, and hold harmless the Consultant from and against any and all third-party claims, causes of action, liabilities, losses, costs, damages and/or expenses in law or equity (including, without limitation, attorney’s fees and expenses) arising out of or in connection with the Consultant’s performance of the Consulting Services.
8. Employment Agreement
For the avoidance of doubt, nothing in this Agreement shall be construed so as to amend, negate, modify or affect the provisions of the Employment Agreement, dated as of August 28, 2020, by and between the Company and the Consultant, including, without limitation, Sections 7(b), 7(e), 7(f) and 14 thereof.
9. Miscellaneous
This Agreement and the interpretation of its terms shall be governed by and construed in accordance with the laws of the State of Texas and subject to the exclusive jurisdiction of the federal and state courts located in Travis County, Texas.  The Parties hereby waive any right to have a jury participate in resolving any dispute between them arising out of this Agreement.  This Agreement contains the entire agreement of the Parties and there are no other promises or conditions in any other agreement whether oral or written.  This Agreement supersedes any prior written or oral agreements between the Parties.  

This Agreement may be modified or amended if the amendment is made in writing and is signed by both Parties.  If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable.  If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced and so limited.  The failure of either Party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that Party’s right to subsequently enforce and compel strict compliance with every provision of this Agreement.  
[Signature page follows]

IN WITNESS WHEREOF, each of the Parties has executed this Agreement as of the date first written above.

OPEN LENDING CORPORATION

By:  /s/ Charles D. Jehl    
    Name: Charles D. Jehl
    Title: Chief Financial Officer

CONSULTANT

By:  /s/ Ross M. Jessup    
    Name: Ross M. Jessup

[Signature page to Advisory and Consulting Services Agreement]EX-10.1

 Exhibit 10.1 

Conn’s, Inc. 
 October 17, 2022 

Mr. Norman L. Miller 
 2445 Technology Forest Blvd.,
Suite 800 
 The Woodlands, TX 77381 
 Dear Norm: 

We are pleased to offer you, subject to approval by the Conn’s, Inc. (“Conn’s”) Board of Directors (the “Board”):

  

	 	•	 	 The position of Interim President & Chief Executive Officer of Conn’s, Inc. (“Interim
CEO”) in the capacity as an “at-will” employee of the company, reporting directly to the Board, effective October 18, 2022, or such earlier time as Conn’s current President &
Chief Executive Officer may terminate service in such capacity (the “Start Date”); 

  

	 	•	 	 You will also remain in your Director role on the Board during such time that you serve as Interim CEO, it being
understood that, nothing in this letter shall confer any right or expectation that you will continue to be nominated or serve as a member of the Board for any specified period of time. 

 

	 	•	 	 Cash compensation consisting of the following: 

 

	 	•	 	 Monthly salary of $210,000, payable in accordance with Conn’s normal payroll practices and subject to
applicable tax withholding; 

  

	 	•	 	 Annual participation in Conn’s Long Term Incentive Program (“LTIP”), consisting of grants
of time-based restricted stock units (“RSUs”), with an annual target grant date value of $3,000,000 (in the aggregate), granted to you as follows: 

 

	 	•	 	 Initial LTIP Grant. Your initial LTIP grant, with a grant value of $1,000,000, will be granted to you
shortly after the Start Date with respect to the period from the Start Date through January 31, 2023, assuming you continue to serve as Interim CEO as of the applicable date of grant; 

 

	 	•	 	 Additional LTIP Grants. Thereafter, quarterly LTIP grants, each with a grant value of $750,000, will be
granted to you shortly after the beginning of each fiscal year quarter (i.e., in early February, May, August and November), assuming you continue to serve as Interim CEO as of the applicable date of grant; 

 

	 	•	 	 Vesting. The above-described LTIP grants will be subject to
one-year “cliff” vesting (i.e., vesting occurring on the one-year anniversary of the date of grant) and will be subject to accelerated vesting upon your
“Full Termination” without “Cause” (as such terms are defined in the attached Exhibit 1); provided, that such accelerated vesting will be conditioned on your signing and returning to Conn’s, within 21 days following
the date of termination (or, if permitted by Conn’s, within 45 days following the date of termination), an executed release of claims substantially consistent with the form that applies to Conn’s executive officers, and not revoking such
release within seven days thereafter; 

  
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	 	•	 	 Holding Period. Any shares received upon vesting of the above-described LTIP grants will be subject to a two-year mandatory holding period, measured from the vesting date of the RSUs that relate to such shares, such that, until the second anniversary of such vesting date, you may not sell, transfer, assign, pledge,
hedge, or otherwise encumber any vested RSU shares, except to satisfy tax withholding obligations; and 

  

	 	•	 	 Grant Value Matters. The number of shares subject to these RSUs will be determined based on the weighted
average closing price of Conn’s common stock over the 20 trading days prior to the date of grant; and 

  

	 	•	 	 An Executive Indemnity Agreement consistent with the other executive officers. 

While serving as Interim CEO, you will be eligible to participate in Conn’s health and welfare benefit programs that are available to all other executive
officers consistent with such programs’ terms and conditions. In addition, while serving as Interim CEO, you will be eligible for four weeks of paid vacation time each year consistent with the terms and conditions of Conn’s vacation
policies for its executive officers. 
 As Interim CEO, you will not be subject to the stock ownership guideline that applies to the role of Conn’s
Chief Executive Officer. Accordingly, during such time you serve as Interim CEO, you will continue to be subject to the Board’s stock ownership requirement of 400% of the Board’s annual cash retainer. In addition, any outstanding equity
awards that you hold pursuant to the LTIP immediately prior to the Start Date will remain subject to paragraph 3 of that certain letter agreement between you and Conn’s dated August 4, 2021; provided, that your continued service for such
purposes will be based on your Interim CEO services hereunder. 
 We look forward to having you join the Conn’s team as Interim CEO. Please acknowledge
your acceptance of this offer of employment by signing below and returning one original document to me. 
 Sincerely, 

/s/ Bob L. Martin             

Bob L. Martin 
 Lead Independent Director 

Acceptance Acknowledged: /s/ Norman L. Miller             

Date: October 17, 2022             

  
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 Exhibit 1 

For purposes of this offer letter, the following terms have the meanings set forth below: 

“Cause” means with respect to Interim CEO, the occurrence of any one of the following: (i) willful and continued failure to
substantially perform Interim CEO’s obligations required for Interim CEO’s position with Conn’s (other than any such failure resulting from Interim CEO’s incapacity due to any physical or mental illness); provided, however, that
Conn’s shall have provided Interim CEO with written notice of such failure and Interim CEO shall have been afforded at least 30 days to cure such failure to the extent the failure is capable of cure; (ii) gross negligence or willful
misconduct in the performance of, or Interim CEO’s abuse of alcohol or drugs rendering Interim CEO unable to perform, the material duties and services required for Interim CEO’s position with Conn’s; (iii) Interim CEO’s
conviction or plea of nolo contendere for any crime involving moral turpitude or a felony; (iv) Interim CEO’s commission of an act of deceit or fraud intended to result in personal and unauthorized enrichment of Interim CEO at the expense
of Conn’s or any of its affiliates; (v) Interim CEO’s material violation of the written policies of Conn’s or any of its affiliates (including the Code of Ethics of Conn’s, as in effect from time to time); or
(vi) Interim CEO’s breach of a material obligation of Interim CEO to Conn’s or any of its affiliates pursuant to the Bylaws of Conn’s or any agreement between Interim CEO and Conn’s or any of its affiliates. 

“Full Termination” means a termination of Interim CEO’s services with Conn’s, such that, Interim CEO is no longer serving
Conn’s as an employee or as a member of the Board. 

  
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