Document:

Exhibit

EXHIBIT 4.6

AMENDED AND RESTATED
DISTRIBUTION REINVESTMENT PLAN
COLE OFFICE & INDUSTRIAL REIT (CCIT II), INC.
EFFECTIVE AS OF MAY 1, 2016
Cole Office & Industrial REIT (CCIT II), Inc., a Maryland corporation (the “Company”), has adopted this Amended and Restated Distribution Reinvestment Plan (the “Plan”), to be administered by the Company or an unaffiliated third party (the “Administrator”) as agent for participants in the Plan (“Participants”), on the terms and conditions set forth below.
1.  Election to Participate. Any holder of shares of Class A common stock of the Company, par value $.01 per share (the “Class A Shares”) and Class T common stock of the Company, par value $.01 per share (the “Class T Shares” and collectively with the Class A Shares, the “Shares”), may become a Participant in the Plan by making a written election to participate in the Plan on such purchaser’s subscription agreement at the time of subscription for Shares or by completing and executing an authorization form obtained from the Administrator or any other appropriate documentation as may be acceptable to the Administrator. Participants in the Plan generally are required to have the full amount of their cash distributions (other than “Excluded Distributions” as defined below) with respect to all Shares owned by them reinvested pursuant to the Plan. However, the Administrator shall have the sole discretion, upon the request of a Participant, to accommodate a Participant’s request for less than all of the Participant’s Shares to be subject to participation in the Plan.
2.  Distribution Reinvestment. The Administrator will receive all cash distributions (other than Excluded Distributions) paid by the Company with respect to Shares of Participants (collectively, the “Distributions”). Participation will commence with the next Distribution payment after receipt of the Participant’s election pursuant to Paragraph 1 hereof, provided it is received at least ten (10) days prior to the last business day of the period to which such Distribution relates. The election will apply to all Distributions attributable to such period and to all periods thereafter, unless and until termination of participation in the Plan, in accordance with Section 7. As used in this Plan, the term “Excluded Distributions” shall mean those cash or other distributions designated as Excluded Distributions by the Company’s board of directors (the “Board”). If the period for Distribution payments shall be changed, then this paragraph shall also be changed, without the need for advance notice to Participants.
3. General Terms of Plan Investments.
The Administrator will apply all Distributions subject to this Plan, as follows:
(a) During the remainder of the Company’s public offering (the “Offering”) of Shares pursuant to the Company’s registration statement on Form S-11 (File No. 333-187470), as amended or supplemented (the “Registration Statement”), the Administrator will invest Distributions on Class A Shares in Class A Shares and will invest Distributions on Class T Shares in Class T Shares, in each case at a per share price equal to the most recently disclosed estimated value as determined in accordance with the Valuation Policy less the aggregate distributions per Class A Share and Class T Share of any net sale proceeds from the sale of one or more of the Company’s assets, or other special distributions so designated by the Board, distributed to stockholders. No advance notice of pricing pursuant to this Paragraph 3(a) shall be required other than to the extent the issue is a material event requiring the public filing of a Form 8-K.
(b) After termination of the Registration Statement, the Administrator will invest Distributions in Shares that are registered with the U.S. Securities and Exchange Commission (the “Commission”) pursuant to an effective registration statement for Shares for use in the Plan (a “Future Registration”). No advance notice of pricing pursuant to this Paragraph 3(b) shall be required other than to the extent the issue is a material event requiring the public filing of a Form 8-K.
(c) Selling commissions will not be paid for the Shares purchased pursuant to the Plan.
(d) Dealer manager fees will not be paid for the Shares purchased pursuant to the Plan.
(e) For each Participant, the Administrator will maintain an account which shall reflect for each period in which Distributions are paid (a “Distribution Period”) the Distributions received by the Administrator on behalf of such Participant. A Participant’s account shall be reduced as purchases of Shares are made on behalf of such Participant.
(f) Distributions on Class A Shares will be reinvested in Class A Shares and Distributions on Class T Shares will be reinvested in Class T Shares by the Administrator promptly following the payment date with respect to such Distributions to the extent Shares are available for purchase under the Plan. If sufficient Shares are not available, any such funds that have not been 

invested in Shares within 30 days after receipt by the Administrator and, in any event, by the end of the fiscal quarter in which they are received, will be distributed to Participants. Any interest earned on such accounts will be returned to the respective Participant.
(g) Participants may acquire fractional Shares, computed to four decimal places, so that 100% of the Distributions will be used to acquire Shares. The ownership of the Shares shall be reflected on the books of the Company or its transfer agent.
(h) A Participant will not be able to acquire Shares under the Plan to the extent that such purchase would cause the Participant to exceed the ownership limits set forth in the Company’s charter, as amended, unless exempted by the Board.
4.  Absence of Liability. Neither the Company nor the Administrator shall have any responsibility or liability as to the value of the Shares or any change in the value of the Shares acquired for the Participant’s account. Neither the Company nor the Administrator shall be liable for any act done in good faith, or for any good faith omission to act hereunder.
5.  Reports to Participants. Within ninety (90) days after the end of each calendar year, the Administrator will mail to each Participant a statement of account describing, as to such Participant, the Distributions received, the number of Shares purchased and the per Share purchase price for such Shares pursuant to the Plan during the prior year. Each statement also shall advise the Participant that, in accordance with Section 5 hereof, the Participant is required to notify the Administrator in the event there is any material change in the Participant’s financial condition or if any representation made by the Participant under the subscription agreement for the Participant’s initial purchase of Shares becomes inaccurate. Tax information regarding a Participant’s participation in the Plan will be sent to each Participant by the Company or the Administrator at least annually.
6.  Taxes. Taxable Participants may incur a tax liability for Distributions even though they have elected not to receive their Distributions in cash but rather to have their Distributions reinvested in Shares under the Plan.
7. Termination.
(a) A Participant may terminate or modify his or her participation in the Plan at any time by written notice to the Administrator. To be effective for any Distribution, such notice must be received by the Administrator at least ten (10) days prior to the last day of the Distribution Period to which it relates.
(b) A Participant’s transfer of Shares will terminate participation in the Plan with respect to such transferred Shares as of the first day of the Distribution Period in which such transfer is effective, unless the transferee of such Shares in connection with such transfer demonstrates to the Administrator that such transferee meets the requirements for participation hereunder and affirmatively elects participation by delivering an executed authorization form or other instrument required by the Administrator.
 (c) In the event that a Participant requests a redemption of all of the Participant’s Shares, the Participant will be deemed to have given written notice to the Administrator, at the time the redemption request is submitted, that the Participant is terminating his or her participation in the Plan, and is electing to receive all future distributions in cash. This election will continue in effect even if less than all of the Participant’s Shares are redeemed unless the Participant notifies the Administrator that he or she elects to resume participation in the Plan.
8.  State Regulatory Restrictions. The Administrator is authorized to deny participation in the Plan to residents of any state or foreign jurisdiction that imposes restrictions on participation in the Plan that conflict with the general terms and provisions of this Plan, including, without limitation, any general prohibition on the payment of broker-dealer commissions for purchases under the Plan.
9. Amendment, Suspension or Termination by Company.
(a) The terms and conditions of this Plan may be amended by the Company at any time, including but not limited to an amendment to the Plan to substitute a new Administrator to act as agent for the Participants, by mailing an appropriate notice at least ten (10) days prior to the effective date thereof to each Participant, provided, however, the Company may not amend the Plan to (a) provide for selling commissions or dealer manager fees to be paid for shares purchased pursuant to this Plan or (b) to revoke a Participant’s right to terminate or modify his participation in the Plan.
(b) The Administrator may suspend or terminate a Participant’s individual participation in the Plan and the Company may suspend or terminate the Plan itself, at any time by providing ten (10) days’ prior written notice to a Participant, or to all Participants, as the case may be.
(c) After suspension or termination of the Plan or suspension or termination of a Participant’s participation in the Plan, the Administrator will send to each Participant a check for the amount of any Distributions in the Participant’s account that have 

not been invested in Shares. Any future Distributions with respect to such former Participant’s Shares made after the effective date of the suspension or termination of the Participant’s participation will be sent directly to the former Participant.
10.  Participation by Limited Partners of Cole Corporate Income Partnership II, LP. For purposes of this Plan, “stockholders” shall be deemed to include limited partners of Cole Corporate Income Operating Partnership II, LP (the “Partnership”), “Participants” shall be deemed to include limited partners of the Partnership that elect to participate in the Plan, and “Distribution,” when used with respect to a limited partner of the Partnership, shall mean cash distributions on limited partnership interests held by such limited partner.
11.  Governing Law. This Plan and the Participants’ election to participate in the Plan shall be governed by the laws of the State of Maryland.
12.  Notice. Any notice or other communication required or permitted to be given by any provision of this Plan shall be in writing and, if to the Administrator, addressed to Investor Services Department, 2325 East Camelback Road, Suite 1100, Phoenix, Arizona 85016, or such other address as may be specified by the Administrator by written notice to all Participants. Notices to a Participant may be given by letter addressed to the Participant at the Participant’s last address of record with the Administrator. Each Participant shall notify the Administrator promptly in writing of any changes of address.Exhibit

AMENDMENT TO AMENDED AND RESTATED 
EMPLOYMENT AGREEMENT
This Amendment (this “Amendment”) to that certain Amended and Restated Employment Agreement (the “Agreement”) by and between Syniverse Corporation, a Delaware corporation (together with any Subsidiaries and Affiliates as may employ Executive from time to time, and any successor(s) thereto, the “Company”) and David W. Hitchcock (“Executive”) with an Effective Date of  May 1, 2014 (the “Employment Agreement”) is entered into this 22nd day of May, 2015.  Unless otherwise specified herein, all capitalized terms used herein shall have the same meaning given to them in the Employment Agreement.  
WHEREAS, the Company and Executive are parties to the Employment Agreement; and; 
WHEREAS, each of the Company and Executive wish to amend the Employment Agreement as herein provided.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and Executive hereby agree to amend the Employment Agreement as follows:
1.Amendment to Employment Agreement.
(a)Section 2(a) is hereby amended and restated in its entirety as follows:
“(a)    During the period beginning April 1, 2015 and ending on the last day of the Employment Period, Executive shall serve as Executive Vice President - Global Product Management and Development of the Company, and shall have the normal duties, responsibilities, functions and authority of such position, subject to the power and authority of the Company’s Board of Directors (the “Board”) and the Company’s Chief Executive Officer to expand or limit such duties, responsibilities, functions and authority and the power and authority of the Board to overrule actions of officers of the Company; provided that such permitted limitations may, nevertheless, constitute “Good Reason” under Section 8.  During the Employment Period, Executive shall render such administrative, financial and other executive and managerial services to the Company and its Affiliates which are consistent with Executive’s position as the Board may from time to time direct.”
(b)Section 4(d)(iv) is hereby amended and restated in its entirety as follows: 
“(iv)    With respect to the stock options granted pursuant to that certain Stock Option Agreement by and between Executive and the Company, dated as of April 6, 2011, as amended, and that certain Stock Option Agreement by and between Executive and the Company, dated as of July 1, 2011, as amended, each granted under the 2011 Equity Plan (the “2011 Options” and such agreements, the “2011 Option Agreements”), notwithstanding anything to the contrary in the 2011 Option Agreements, (A) if such termination of Executive’s employment occurs during (x) the period beginning on the Effective Date and ending on December 30, 2014, ninety percent (90%) of the portion of each 2011 Option subject to time vesting (i.e., 67.5% of each 2011 Option) shall automatically become vested and exercisable (to the extent not otherwise then exercisable); and (y) the period beginning on December 31, 2014 and ending on December 30, 2015, one hundred percent (100%) of the portion of each 2011 Option subject to time vesting (i.e., 75% of each 2011 Option) shall automatically become vested and exercisable in full, and (B) the 2011 Options shall not expire until the 181st day following the date of such termination of Executive’s employment and if such termination occurs within the 180-day period immediately prior to the consummation of a Change in Control, then any portion of the 2011 Options that has not otherwise 

theretofore become vested and exercisable shall automatically become vested and exercisable as of the date of the Change in Control (subject to the consummation of such Change in Control);”
(c)Section 4(d) is hereby amended by adding the following subsection 4(d)(vi) immediately after 4(d)(v):
“(vi)    With respect to the stock option granted pursuant to that certain Stock Option Agreement by and between Executive and the Company, dated as of May 18, 2015 (the “Grant Date”), granted under the 2011 Equity Plan (the “2015 Option” and such agreement, the “2015 Option Agreement”, and collectively with the 2011 Options, the “Options”), notwithstanding anything to the contrary in the 2015 Option Agreement, (A) if such termination of Executive’s employment occurs during (w) the period beginning on the Grant Date and ending on May 18, 2016, twenty-five percent (25%) of the 2015 Option shall automatically become vested and exercisable (to the extent not otherwise then exercisable); (x) the period beginning on May 19, 2016 and ending on May 18, 2017, fifty percent (50%) of the 2015 Option shall automatically become vested and exercisable (to the extent not otherwise then exercisable); (y) the period beginning on May 19, 2017 and ending on May 18, 2018, seventy-five percent (75%) of the 2015 Option shall automatically become vested and exercisable (to the extent not otherwise then exercisable), and (z) the period beginning on May 19, 2018 and ending on May 18, 2019, one hundred percent (100%) of the 2015 Option shall automatically become vested and exercisable in full, and (B) the 2015 Option shall not expire until the 181st day following the date of such termination of Executive’s employment and if such termination occurs within the 180-day period immediately prior to the consummation of a Change in Control, then any portion of the 2015 Option that has not otherwise theretofore become vested and exercisable shall automatically become vested and exercisable as of the date of the Change in Control (subject to the consummation of such Change in Control).  For the avoidance of doubt, the percentage of the 2015 Option that will become vested and exercisable pursuant to this Section 4(d)(vi) shall equal the additional percentage of the 2015 Option that would have otherwise become vested and exercisable had Executive remained employed by the Company through the vesting date next following the date of termination; and “
(d)Section 4(d) is hereby amended by adding the following subsection 4(d)(vii) immediately after 4(d)(vi):
“(vii)    With respect to the restricted stock units granted pursuant to that certain Restricted Stock Unit Award Agreement by and between Executive and the Company, dated as of the Grant Date, granted under the 2011 Equity Plan (the “RSUs” and such agreement, the “RSU Agreement”) notwithstanding anything to the contrary in the RSU agreement, if such termination of Executive’s employment occurs during (x) the period beginning on the Grant Date and ending on May 18, 2016, forty percent (40%) of the RSUs shall automatically become vested (to the extent not otherwise then vested) and be settled in accordance with their terms; (y) the period beginning May 19, 2016 and ending on May 18, 2017, seventy five percent (75%) of the RSUs shall automatically become vested (to the extent not otherwise then vested) and be settled in accordance with their terms; and (z) the period beginning on May 19, 2017 and ending on May 18, 2018, one hundred percent (100%) of the RSUs shall automatically become vested (to the extent not otherwise then vested) and be settled in accordance with their terms, and (B) the RSUs not otherwise vested (after taking into account any vesting contemplated by this Section 4(d)(vii) shall not be forfeited and remain outstanding until the 181st  day following the date of such termination of Executive’s employment and (I)  if such termination occurs within the 180-day period immediately prior to the consummation of a Change in Control, then any portion of the RSUs that have not otherwise theretofore become vested shall automatically become vested as of the date of the consummation of the Change in Control (subject to the consummation of such Change in Control), and (II) if such termination does not occur within the 180-day period immediately prior to the consummation of a Change in Control, then any portion of the RSUs that have not otherwise theretofore become vested 

shall be automatically forfeited by Executive for no consideration on the 181st day following the date of termination of Executive’s employment.  For the avoidance of doubt, the percentage of the RSUs that will become vested pursuant to this Section 4(d)(vii) shall equal the additional percentage of the RSUs that would have otherwise become vested had Executive remained employed by the Company through the vesting date next following the date of termination;”
(e)The last sentence of Section 4(d) is hereby amended and restated in its entirety as follows:
“provided, however, that the continuation of such salary and benefits, any right to acceleration of vesting and exercisability of the Options and any right to the acceleration of vesting of Restricted Shares and RSUs shall cease on the occurrence of any circumstance or event that would constitute Cause under Section 8 (including any material breach of the covenants contained in Section 5 or Section 6 below); provided, further, that Executive’s eligibility to participate in the Welfare Plans shall cease at such time as Executive is offered comparable coverage with a subsequent employer.”
2.No Other Amendment.  Except as expressly set forth in this Amendment, the Employment Agreement shall remain unchanged and shall continue in full force and effect according to its terms.

3. Acknowledgement.  Executive acknowledges and agrees that he has carefully read this Amendment in its entirety, fully understands and agrees to its terms and provisions and intends and agrees that it be final and legally binding on Executive and the Company.

4.Governing Law and Counterparts.  All issues and questions concerning the construction, validity, enforcement and interpretation of this Agreement and the Exhibits and Schedules hereto shall be governed by, and construed in accordance with the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or Florida or any other jurisdiction) that would cause the application of the laws of any other jurisdiction other than the State of Delaware.  This Agreement may be executed in separate counterparts, each of which is deemed to be an original and all of which taken together constitute one and the same agreement.

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

Syniverse Corporation

By:    _________________________________
Its:    President and CEO    

Executive

By:    _________________________________
David W. Hitchcock

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