Document:

Form of Letter Agreement

 Exhibit 10.1 
 Dialogic Inc. 
 1504 McCarthy Boulevard, Milpitas, CA 

95035-7405 USA 
 May     , 2012 
  

	
	 [Name]

[Address]

Attention:

 Dear
                    : 
 This letter agreement (this “Letter Agreement”) is made by and between Dialogic Inc., a Delaware corporation with offices located at 1504 McCarthy Boulevard Milpitas, California
95035-7405 (the “Company”), and the undersigned Purchaser (as defined in the Securities Purchase Agreement (as defined below)). Reference is hereby made to (i) that certain Securities Purchase Agreement (the “Securities
Purchase Agreement”), dated as of April 11, 2012, by and among the Company, the Purchaser and the other purchasers identified on the Schedule of Purchasers attached thereto (the “Other Purchasers”), (ii) each of
the Notes (as defined in the Securities Purchase Agreement) issued by the Company on April 11, 2012 to the Purchaser and each of the respective Other Purchasers pursuant to and in accordance with the terms of the Securities Purchase Agreement,
and (iii) each of the Voting Agreements (as defined in the Securities Purchase Agreement), by and among the Company and the purchasers identified on the Schedule of Purchasers attached thereto. Capitalized terms used herein, but not otherwise
defined, shall have the meanings ascribed to such terms in the Securities Purchase Agreement. 
 The Company and each of the
Other Purchasers are entering into amendment agreements substantially similar to this Letter Agreement (the “Other Letter Agreements”). 
 In consideration of the premises and the agreements herein and for other consideration, the sufficiency of which is hereby acknowledged, each Purchaser and the Company hereby agree, effective as of the
Effective Date (as defined below), to amend (i) Section 4.14 of the Securities Purchase Agreement to extend the Stockholder Meeting Deadline from June 30, 2012 to August 15, 2012, (ii) Section 2 of each of the Notes
issued to the Purchaser to extend the Maturity Date (as defined in the Notes) of such Notes from June 30, 2012 to August 15, 2012, and (iii) the defined term “Transaction Documents” in Section 1.1 of the Securities
Purchase Agreement to include this Letter Agreement and the Other Letter Agreements. 
 The Company represents to the Purchaser
that (i) the Company and each party to a Voting Agreement has either executed a written amendment, in the form attached hereto as Exhibit A (each, an “Amendment” and together, the “Amendments”) or
the Other Letter Agreements, pursuant to which the terms of each Voting Agreement was amended to extend the deadline set forth in Section 2.1(b) of each respective Voting Agreement from June 30, 2012 to August 15, 2012, and
(ii) each Amendment is effective prior to, or shall be effective simultaneously with, the effectiveness of this Letter Agreement. Each Purchaser hereby agrees to each of the Amendments and to the execution by the Company of each of the
Amendments. 
 [Signature Page to Letter Agreement] 

 This Letter Agreement shall not be effective unless and until (i) it is duly executed
by the parties hereto, (ii) the Other Amendments are duly executed by the Company and each of the respective Other Purchasers, and (iii) each of the Amendments has been duly executed by the Company and each of the respective parties to
such Amendments (such date, the “Effective Date”). 
 On or before 8:30 a.m., New York City time, on the fourth
(4th) Business Day following the Effective Date, the Company shall file a Current Report on Form 8-K (the “8-K Filing”) describing the terms of this Letter Agreement and attaching a copy of the form of this Letter Agreement and
the form of Amendments. It is understood by the Company and the Purchaser that there has been no disclosure of material non-public information by the Company to the Purchaser, or any of its affiliates or agents, that will not be disclosed pursuant
to the 8-K Filing. 
 This Letter Agreement may be executed in any number of counterparts, which together shall constitute this
Letter Agreement. Except as expressly amended by this Letter Agreement and by each of the Amendments, as applicable, the Securities Purchase Agreement, each of the Notes, each of the other Transaction Documents and the Voting Agreement to which the
Purchaser is a party shall remain unchanged and in full force and effect in accordance with their respective terms and provisions and are hereby ratified and confirmed in all respects, except that on and after the Effective Date: (i) all
references in the Securities Purchase Agreement to “this Agreement”, “hereto”, “hereof”, “hereunder” or words of like import referring to the Securities Purchase Agreement shall mean the Securities Purchase
Agreement, as amended by this Letter Agreement and the Other Letter Agreements, (ii) all references in the other Transaction Documents to the Securities Purchase Agreement, “thereto”, “thereof”, “thereunder” or
words of like import referring to the Securities Purchase Agreement shall mean the Securities Purchase Agreement, as amended by this Letter Agreement and the Other Letter Agreements, (iii) all references in any of the Notes to “this
Note”, “the Notes”, “hereto”, “hereof”, “hereunder” or words of like import referring to any of the Notes or the Notes shall mean such Note or the Notes, respectively, as amended by this Letter Agreement
and the Other Letter Agreements, (iv) all references in the other Transaction Documents to any of the Notes, the Notes, “thereto”, “thereof”, “thereunder” or words of like import referring to any of the Notes or
the Notes shall mean such Note or Notes, respectively, as amended by this Letter Agreement and the Other Letter Agreements, and (v) all references in the Securities Purchase Agreement to a Voting Agreement, “thereto”,
“thereof”, “thereunder” or words of like import referring to a Voting Agreement shall mean such Voting Agreement, as amended by one or more Letter Agreements or as otherwise amended. This Letter Agreement shall be governed by,
and construed in accordance with, the laws of the State of New York (without giving effect to the conflict of laws principles thereof). Any amendments or modifications hereto must be executed in writing by all parties hereto. 

Please sign where indicated below and return a copy of this executed Letter Agreement to the Company pursuant to the notice provision set
forth in Section 6.4 of the Securities Purchase Agreement. 
 [Signature pages follow] 

 
			
	Very truly yours,
	
	DIALOGIC INC.
	By:	 	  

	 Name: Anthony Housefather
 Title: EVP Corporate Affairs and General
 Counsel

 Agreed and Accepted as of this        day 

of May, 2012 
 [Name] 

 

			
	
	By:                           
                                         
       
	
	Name:                           
                                         
  
	
	Title:                          
                                         
     

 EXHIBIT A 
 Form of Amendment to Voting AgreementForm of First Amendment to Voting Agreement

 Exhibit 10.2 
 FIRST AMENDMENT TO VOTING AGREEMENT 

THIS FIRST AMENDMENT (the “Amendment”) is made and entered into as of this
     day of May 2012, by and among Dialogic Inc., a Delaware corporation (the “Company”) and
                   (the “Stockholder”). 
 WITNESSETH 
 WHEREAS, the Company and
the Stockholder are parties to a Voting Agreement dated March 22, 2012 (“Agreement”); and 

WHEREAS, the Company and the Stockholder wish to amend the Agreement to extend the termination date from
June 30, 2012 to August 15, 2012 
 NOW, THEREFORE, in consideration of these
premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  

	 	1)	Section 2.1(b) of the Agreement is revised to change the date set out therein from June 30, 2012 to August 15, 2012. 

 

	 	2)	This Amendment, and the rights of the parties hereto, shall be governed by and construed in accordance with the laws of the State of Delaware as such laws apply to
agreements among Delaware residents made and to be performed entirely within the State of Delaware. 

  

	 	3)	This Amendment may be executed in one or more counterparts, each of which will be deemed an original but all of which together shall constitute one and the same
agreement. 

  

	 	4)	Except as amended herein, the Agreement remains unchanged and in full force and effect. 

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

			
	
	Dialogic Inc.:
	By:	 	  

	
	 Name: Anthony Housefather

	
	 Title: EVP and General Counsel

	
	STOCKHOLDER:
	
	By:                          
                                         
                    
	
	Name:                         
                                         
                
	
	Title:Fourth Amendment to Credit Agreement

 Exhibit 10.1 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 
 This FOURTH AMENDMENT TO CREDIT AGREEMENT
dated as of May 7, 2012 (the “Amendment”) is entered into among Spark Networks USA, LLC, a Delaware limited liability company (the “Borrower”), Sparks Networks, Inc., a Delaware corporation (the
“Parent”), the Subsidiary Guarantors, the Lenders and Bank of America, N.A., as Administrative Agent. All capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in the Credit
Agreement (as defined below). 
 RECITALS 
 WHEREAS, the Borrower, the Parent, the Lenders and Bank of America, N.A., as Administrative Agent entered into that certain Credit Agreement dated as of February 14, 2008 (as amended and modified
from time to time, the “Credit Agreement”); 
 WHEREAS, the Borrower has requested that the Lenders amend the
Credit Agreement as set forth below; 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants contained
herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Amendments. The Credit Agreement is hereby amended as follows: 
 (a) The following new definitions are hereby added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order to read as follows: 

“Consolidated Net Liquidity” means, as of any date of determination, the sum of (a) the aggregate
amount of unrestricted cash and/or cash equivalents of the Parent and its Subsidiaries less (b) Consolidated Total Indebtedness. 
 “Consolidated Revenues” means, for any period, for the Parent and its Subsidiaries on a consolidated basis, the revenues of the Parent and its Subsidiaries for that period, as determined
in accordance with GAAP. 
 (b) The definition of “Applicable Rate” in Section 1.1 of the
Credit Agreement is hereby amended to read as follows: 
 “Applicable Rate” means (a) with
respect to the Loans, a percentage per annum equal to (i) 2.00% for Eurodollar Rate Loans and (ii) 1.00% for Base Rate Loans, (b) with respect to Letter of Credit Fees, a percentage per annum equal to 2.00% and (c) with respect
to the Commitment Fee in Section 2.09(a), a percentage per annum equal to 0.25%. 

  
 1 

 (c) The period at the end of Section 6.02(f) of the Credit Agreement is
hereby deleted and replaced with “; and” and a new Section 6.02(g) is hereby added to Section 6.02 of the Credit Agreement to read as follows: 

(g) concurrently with the delivery of the financial statements referred to in Sections 6.01(a) and (b), the
operating metrics of the Parent and its Subsidiaries for the fiscal quarter most recently ended, in a form similar to that contained in the business plan and budget of the Parent and its Subsidiaries delivered to the Administrative Agent and the
Lenders on April 11, 2012, which shall include, without limitation, a description of the revenue, direct marketing, ending subscribers, average paying subscribers, average subscription price and average revenue per user by website or segment.

 (d) Section 7.06(e) of the Credit Agreement is hereby amended to read as follows: 

(e) (i) the Parent may make equity redemptions/repurchases, and the Borrower may make dividends or distributions to the
Parent, or to Spark UK in the applicable amount in order that Spark UK shall make dividends or distributions to the Parent, in the applicable amount to finance such redemptions/repurchases, in each case, so long as (A) no Default or Event of
Default has occurred and is continuing and (B) the Parent and its Subsidiaries are in pro forma compliance with the financial covenants set forth in Section 7.12 and (ii) the Parent may make cash dividends, and the Borrower may
make dividends or distributions to the Parent, or to Spark UK in the applicable amount in order that Spark UK shall make dividends or distributions to the Parent, in the applicable amount to finance such cash dividends by the Parent, in each case,
so long as (A) no Default or Event of Default has occurred and is continuing and (B) the Parent and its Subsidiaries are in pro forma compliance with the financial covenants set forth in Section 7.12; provided, that the
aggregate amount of all such equity redemptions/repurchases, dividends and distributions made pursuant to this Section 7.06(e) shall not exceed $4,500,000 during the term of this Agreement. 

(e) Section 7.12(a) of the Credit Agreement is hereby amended to read as follows: 

(a) [Reserved]. 

  
 2 

 (f) Section 7.12(b) of the Credit Agreement is hereby amended to read
as follows: 
 (b) Minimum Consolidated Adjusted EBITDA. Permit the Consolidated Adjusted EBITDA for each
fiscal quarter of the Parent ending on the last day of each fiscal quarter set forth below to be less than the corresponding amount set forth below: 
  

					
	 Fiscal Quarter Ending
	  	Minimum
Consolidated Adjusted 
EBITDA	 
	 March 31, 2012
	  	($	2,500,000	) 
		
	 June 30, 2012
	  	($	3,900,000	) 
		
	 September 30, 2012
	  	($	3,600,000	) 
		
	 December 31, 2012
	  	($	3,100,000	) 
		
	 March 31, 2013
	  	($	1,500,000	) 
		
	 June 30, 2013
	  	($	1,200,000	) 
		
	 September 30, 2013
	  	($	400,000	) 
		
	 December 31, 2013 and each fiscal quarter ending thereafter
	  	$	400,000	  

 (g) Section 7.12(c) of the Credit Agreement is hereby amended to read as follows:

 (c) [Reserved]. 
 (h) Section 7.12(d) of the Credit Agreement is hereby amended to read as follows: 
 (d) Minimum Contribution. Permit the Minimum Contribution for each period of four consecutive fiscal quarters of the Parent ending on the last day of each fiscal quarter to be less than the
corresponding amount set forth below: 
  

					
	 Fiscal Quarter Ending
	  	Minimum Contribution	 
	 March 31, 2012 through December 31, 2012
	  	$	19,000,000	  
		
	 March 31, 2013 through June 30, 2013
	  	$	18,000,000	  
		
	 September 30, 2013 and each fiscal quarter ending thereafter
	  	$	17,000,000	  

 (i) New clauses (e) and (f) are hereby added to Section 7.12 of the Credit
Agreement immediately following clause (d) to read as follows: 
 (e) Minimum Consolidated Net
Liquidity. Permit the Consolidated Net Liquidity to be less than $4,000,000 at any time. 

  
 3 

 (f) Minimum Consolidated Revenues. Permit the Consolidated Revenues
for each fiscal quarter of the Parent to be less than the corresponding amount set forth below opposite such fiscal quarter: 
  

					
	 Fiscal Quarter Ending
	  	Minimum Consolidated Revenues	 
	 March 31, 2012 and June 30, 2012
	  	$	12,000,000	  
		
	 September 30, 2012 and December 31, 2012
	  	$	13,000,000	  
		
	 March 31, 2013 and each fiscal quarter ending thereafter
	  	$	14,000,000	  

 2. Conditions Precedent. This Amendment shall be effective upon satisfaction of the following
conditions precedent: 
 (a) The Administrative Agent shall have received counterparts of this Amendment executed
by the Borrower, the Guarantors, the Lenders and the Administrative Agent. 
 (b) The Administrative Agent shall
have received an amendment fee equal to $25,000. 
 3. Effectiveness. The parties hereto agree that upon satisfaction of
the conditions precedent set forth in Section 2, this Amendment shall be effective as of March 31, 2012. 
 4.
Reaffirmation of Credit Agreement. The Credit Agreement and the obligations of the Loan Parties thereunder and under the other Loan Documents, are hereby ratified and confirmed and shall remain in full force and effect according to their
terms. This Amendment is a Loan Document. 
 5. Reaffirmation of Guaranties. Except as expressly provided herein, each
Guarantor hereby (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan Documents to which it is a party, (c) agrees that this Amendment and all documents
executed in connection herewith do not operate to reduce or discharge such Guarantor’s obligations under the Loan Documents to which it is a party and (d) each Guarantor agrees that the Subsidiary Guaranty and the Parent Guaranty, as
applicable, remains effective with respect to the new Borrower. 
 6. Reaffirmation of Security Interests. Except as
expressly provided herein, each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment shall in no manner impair or otherwise adversely affect
any of the Liens granted in or pursuant to the Loan Documents. 
 7. Representations and Warranties/No Default.

 (a) By its execution hereof, each Loan Party hereby certifies that after giving effect to this Amendment:

 (i) each of the representations and warranties set forth in the Credit Agreement and the other Loan Documents
is true and correct in all material respects as of the date hereof as if fully set forth herein, except: 
 (A)
to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date; 

  
 4 

 (B) the representations and warranties contained in subsections
(a) and (b) of Section 5.05 of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01 of the Credit Agreement;

 (C) that any representation or warranty that is qualified by materiality or Material Adverse Effect shall be
true and correct in all respects as of the date hereof (subject to clause (A) above); and 
 (ii) no Default
or Event of Default has occurred and is continuing as of the date hereof or would result after giving effect to the transactions contemplated hereunder. 
 (b) By its execution hereof, each Loan Party hereby represents and warrants that such Person has all requisite power and authority and has taken all necessary corporate or other action to authorize the
execution, delivery and performance of this Amendment and each other document executed in connection herewith to which it is a party in accordance with their respective terms. 

(c) This Amendment and each other document executed in connection herewith has been duly executed and delivered by the
duly authorized officers of each Loan Party, and each such document constitutes the legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms. 

8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 9. Counterparts. This Amendment may be executed in counterparts (and by different parties hereto in different
counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Amendment by telecopy or other secured electronic
format (.pdf) shall be effective as delivery of a manually executed counterpart of this Amendment. 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed
as of the date first above written. 
  

			
	SPARK NETWORKS USA, LLC, as Borrower
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO
	
	SPARK NETWORKS, INC., as Parent
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO
	
	LOV USA, LLC, as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO
	
	MINGLEMATCH, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	Treasurer
	
	HURRYDATE, LLC, as Subsidiary Guarantor

 
					
		 	By:	 	LOV USA, LLC, its Sole Member

 
			
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO
	
	SN EVENTS, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO
	
	KIZMEET, INC., as Subsidiary Guarantor
		
	By:	 	 /s/ Brett Zane

	Name:	 	Brett Zane
	Title:	 	CFO

  

					
		  	6	  	
		  		  	SPARK NETWORKS USA, LLC
		  		  	FOURTH AMENDMENT TO CREDIT AGREEMENT

					
		 	SN HOLDCO, LLC, as Subsidiary Guarantor
			
		 	By:	 	 /s/ Brett Zane

		 	Name:	 	Brett Zane
		 	Title:	 	CFO
			
	ADMINISTRATIVE	 		 	
	AGENT:	 	BANK OF AMERICA, N.A.,
		 	as Administrative Agent
			
		 	By:	 	 /s/ Julie Yamauchi

		 	Name:	 	Julie Yamauchi
		 	Title:	 	Senior Vice President
		
	LENDERS:	 	BANK OF AMERICA, N.A.,
		 	as Lender, L/C Issuer and Swing Line Lender
			
		 	By:	 	 /s/ Julie Yamauchi

			
		 	Name:	 	Julie Yamauchi
		 	Title:	 	Senior Vice President

  

					
		  	7	  	
		  		  	SPARK NETWORKS USA, LLC
		  		  	FOURTH AMENDMENT TO CREDIT AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00204-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00204-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00204-of-00352.parquet"}]]