Document:

2013.12.31-EX.10.30

Exhibit 10.30
September 23, 2013

Laurie Thomas
_________________
_________________

Dear Laurie:
On behalf of Skilled Healthcare, LLC (“SHC”) and Hallmark Rehabilitation GP, LLC (“Hallmark”), this letter memorializes the role expansion we have previously discussed and agreed upon whereby you will become an employee of SHC.  In your role with SHC, you will serve as President, Ancillary Business.  As you know, SHC is contracted to provide administrative support services to various healthcare providers, including Hallmark and Signature Hospice and Home Health, LLC (“Signature”).  As part of those contracted services, your responsibilities with SHC will include, in addition to continuing to fill your existing role as President and Chief Operating Officer of Hallmark, also serving as President and Chief Executive Officer of Signature.  We also anticipate that those entities and certain of their affiliates will request that you serve on the board of managers/directors and as an officer of certain of their subsidiaries and affiliates.  Service in those capacities will also be part of your responsibilities with SHC.  Your employment with SHC as described in this letter will be effective as of September 16, 2013.  In your new role you will report to the Chairman and CEO of our parent company, Skilled Healthcare Group, Inc.
In this new role, your base salary will increase to $340,000 per year (payable bi-weekly) with additional opportunity for a review and possible salary adjustment on or around year-end by the incoming CEO. Additionally, we will recommend to the Compensation Committee of the Board of Directors of Skilled Healthcare Group, Inc. to issue you a standard time-vested restricted stock award totaling $100,000 in value (measured on the date of grant), with the shares to be issued during the next open trading window, which we expect to be in early November 2013. We will also recommend to the Compensation Committee, in February 2014, issuance to you of a grant of performance based restricted shares totaling $200,000 in value (measured on the date of grant). Your bonus percentage target and maximum will remain at 50% and 75% respectively for 2014 pending approval of the 2014 Performance Incentive Plan by the Board of Directors. 
In your new role, you will continue to be an at-will employee, which means that either you or the employer may terminate your employment at any time, for any reason or no reason so long as it is consistent with applicable law.
As noted above, from and after your acceptance of this offer letter, you will be employed by SHC, as opposed to by Hallmark.  In mutual consideration of the matters set forth in this letter, and upon its acceptance by you, your existing employment agreement will be deemed to have been modified and amended to include the expanded role change and the other terms and conditions of this offer letter (including the employment agreement being amended to be between you and SHC). Other terms and conditions in the employment agreement will remain the same. 

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Please let me know if you have any questions or would otherwise like to discuss anything. If you are in agreement with the matters set forth in this letter, please countersign below and return a copy to me at your earliest convenience. We look forward to continue to work with you in your new role.
Sincerely,
/s/ Jose Lynch
Jose Lynch

President and COO, Skilled Healthcare, LLC 
CEO, Hallmark Rehabilitation GP, LLC

ACKNOWLEDGED AND AGREED:

/s/ Laurie Thomas
Laurie Thomas

9/27/13
Date

2sure_ex101.htm

EXHIBIT 10.1

LOAN AGREEMENT

 

THIS LOAN AGREEMENT dated for reference February 5, 2014, is made

 

BETWEEN:

 

FIRST MAJESTIC SILVER CORP., a company existing under the laws of British Columbia having an office located at Suite 1805, 925 West Georgia Street, Vancouver, B.C. Canada V6C 3L2

 

(the “Lender”);

 

AND:

 

SONORA RESOURCES CORP., a corporation existing under the laws of Nevada having an office at 3120 S. Durango, Suite 305, Las Vegas, NV, USA  89117

 

(the “Borrower”).

 

WHEREAS the Borrower wishes to borrow and the Lender is willing to lend to the Borrower up to US$100,000 on the terms of this Agreement.

 

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows:

 

	
1.  

	
THE LOAN

 

	
1.1  

	
Establishment of the Loan

 

The Lender agrees, on the terms and conditions set forth in this Agreement, to loan to the Borrower on the date hereof the principal amount of US$100,000 (the “Loan”).

 

	
1.2  

	
Evidence of Indebtedness

 

The indebtedness of the Borrower to the Lender in respect of the Loan will be evidenced by a promissory note substantially be in the form set out in Schedule “A” hereto (the “Note”) which will be made by the Borrower and delivered to the Lender at the time of executing this Agreement.

 

	
1.3  

	
Interest

 

The Borrower agrees to pay interest to the Lender both before as well as after payment is due on the principal balance of the Loan outstanding from time to time at a rate of 9% per annum.  Interest will be calculated and payable in arrears from the date hereof until repayment in full.

 

 

  

2

  

 

	
1.4  

	
Adjustment of Interest

 

	
(a)  

	
In the event that any provision of this Agreement would oblige the Borrower to make any payment of interest or any other payment which is construed by a court of competent jurisdiction to be interest in an amount or calculated at a rate which would result in a receipt by the Lender of interest at a criminal rate (as such terms are construed under the Criminal Code (Canada)), then notwithstanding such provision, such amount or rate shall be deemed to have been adjusted nunc pro tunc to the maximum amount or rate of interest, as the case may be, as would not result in a receipt by the Lender of interest at a criminal rate.

 

	
(b)  

	
If, notwithstanding the provisions of this section 1.4 and after giving effect to all adjustments contemplated thereby, the Lender shall have received an amount in excess of the maximum permitted by the Criminal Code (Canada), then such excess shall be applied by the Lender to the reduction of the principal balance hereunder and not to the payment of interest or if such excessive interest exceeds such principal balance, such excess shall be refunded to the Borrower.

 

	
1.5  

	
Repayment of the Loan

 

The Borrower will repay the Loan on the date that the Lender demands payment by notice in writing to the Borrower.

 

	
2.  

	
REPRESENTATIONS AND WARRANTIES

 

	
2.1  

	
Representations and Warranties

 

The Borrower represents and warrants to the Lender that:

 

	
(a)  

	
the Borrower is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation;

 

	
(b)  

	
the Borrower has all requisite corporate power and authority to enter into this Agreement and to carry out the obligations contemplated herein and therein; and

 

	
(c)  

	
no Event of Default (as defined in section 4.1) and no event which, with the giving of notice or lapse of time would become an Event of Default, has occurred or is continuing.

 

	
3.  

	
COVENANTS OF THE BORROWER

 

The Borrower covenants and agrees with the Lender that, at all times during the currency of this Agreement, it will:

 

	
(a)  

	
pay the principal sum required to be paid to the Lender pursuant to this Agreement in the manner set forth herein; and

 

	
(b)  

	
provide the Lender with immediate notice of any Event of Default.

 

 

  

3

  

 

	
4.  

	
EVENT OF DEFAULT

 

	
4.1  

	
Definition of Event of Default

 

The principal balance of the Loan, costs and any other money owing to the Lender under this Agreement will immediately become payable upon demand by the Lender or, unless otherwise waived in writing by the Lender, in any of the following events (each, an “Event of Default”):

 

	
(a)  

	
if the Borrower defaults in any payment when due under this Agreement;

 

	
(b)  

	
if the Borrower becomes insolvent or makes a general assignment for the benefit of its creditors, or if any order is made or an effective resolution is passed for the winding-up, merger or amalgamation of the Borrower or if the Borrower is declared bankrupt or if a custodian or receiver be appointed for the Borrower under the applicable bankruptcy or insolvency legislation, or if a compromise or arrangement is proposed by the Borrower to its creditors or any class of its creditors, or if a receiver or other officer with like powers is appointed for the Borrower; or

 

	
(c)  

	
if the Borrower defaults in observing or performing any other covenant or agreement of this Agreement on its part to be observed or performed and such default has continued for a period of seven days after notice in writing has been given by the Lender to the Borrower specifying the default.

 

	
5.  

	
GENERAL

 

	
5.1  

	
Waiver or Modification

 

No failure on the part of the Lender in exercising any power or right hereunder will operate as a waiver of such power or right, nor will any single or partial exercise of such right or power preclude any other right or power hereunder.  No amendment, modification or waiver of any condition of this Agreement or consent to any departure by the Borrower therefrom will be effective unless it is in writing signed by the Lender.  No notice to or demand on the Borrower will entitle the Borrower to any other further notice or demand in similar or other circumstances unless specifically provided for in this Agreement.

 

	
5.2  

	
Time

 

Time is of the essence of this Agreement.

 

	
5.3  

	
Governing Law

 

This Agreement is governed by the laws of the Province of British Columbia and the parties attorn to the non-exclusive jurisdiction of the courts of British Columbia for the resolution of all disputes under this Agreement.

 

 

  

4

  

 

	
5.4  

	
Severability

 

If any one or more of the provisions contained in this Agreement is found to be invalid, illegal or unenforceable in any respect, those provisions may be severed from this Agreement without affecting the validity, legality and enforceability of the remaining provisions of this Agreement.

 

	
5.5  

	
Currency

 

All statements of, or references to, dollar amounts in this Agreement refer to the lawful currency of the United States of America.

 

	
5.6  

	
Further Assurances

 

The parties to this Agreement will do, execute and deliver or will cause to be done, executed and delivered all such further acts, documents and things as may be reasonably required for the purpose of giving effect to this Agreement.

 

	
5.7  

	
Parties in Interest

 

This Agreement enures to the benefit of and is binding on the parties to this Agreement and their respective successors and permitted assigns.

 

	
5.8  

	
Notices

 

Any notice under this Agreement will be given in writing and may be sent by fax or email may be delivered or mailed by prepaid post addressed to the party to which notice is to be given at the address on the first page of this Agreement, or at another address designated by that party in writing.

 

	
5.9  

	
Amendments

 

This Agreement may be amended, waived, discharged or terminated only by instrument in writing signed by the party against whom enforcement of the amendment, waiver, discharge or termination is sought.

 

	
5.10  

	
Assignment

 

The Borrower may not assign this Agreement or its interest herein or any part hereof except with the prior written consent of the Lender.  The Lender may assign this Agreement or its interest herein or any part hereof on notice to but without the consent of the Borrower, provided that the assignee agrees in writing in favour of the Borrower, to be bound by all of the terms of this Agreement.

 

	
5.11  

	
Counterparts

 

This Agreement may be executed in counterparts, each of which will be deemed to be an original and all of which will constitute one and the same document. Each party will be entitled to rely on delivery of an electronic copy of this Agreement, and acceptance by the other party of an electronic copy of this Agreement will create a legal, valid and binding agreement between the parties in accordance with the terms of this Agreement.

 

[remainder of page left intentionally blank; signature page follows]

 

 

  

5

  

 

The Lender and the Borrower have executed and delivered this Agreement effective as of the reference date first given above.

 

	
FIRST MAJESTIC SILVER CORP.

	  	  	  
	
By:

	
/s/ Keith Neumeyer

	  	  	  
	  	
Authorized Signatory

	  	  	  
	  	
Name: Keith Neumeyer

	  	  	  
	  	
Title: President and CEO

	  	  	  
	
SONORA RESOURCES CORP.

	  	  	  
	
By:

	
/s/ Mark Scott

	  	  	  
	  	
Authorized Signatory

	  	  	  
	  	
Name: Mark Scott

	  	  	  
	  	
Title: CFO

	  	  	  

 

 

  

6

  

 

SCHEDULE “A”

 

to the Loan Agreement dated for reference February 5, 2014

between First Majestic Silver Corp. and Sonora Resources Corp.

 

 

PROMISSORY NOTE

 

 

 

	AMOUNT: USD 100,000 	 DATE: February 5, 2014

 

 

 

FOR VALUE RECEIVED, Sonora Resources Corp. of 3120 S. Durango, Suite 305, Las Vegas NV  USA  89117 (the “Borrower”), PROMISES TO PAY on demand to the order of First Majestic Silver Corp. of Suite 1805, 925 West Georgia Street, Vancouver, B.C. Canada V6C 3L2 (the “Lender”), the sum of USD 100,000 plus interest both before as well as after payment is due at the rate of 9% per annum, calculated and payable in arrears from the date hereof until repayment in full.

 

The Borrower waives presentment for payment, demand, notice of dishonour, or protest.  None of the terms or provisions hereof may be waived, altered, modified or amended orally, by course of conduct, dealing or performance or otherwise, except as the Lender may specifically agree in writing.

 

The Borrower represents and warrants to the Lender that the execution, delivery and performance of this Note has been duly authorized by all necessary and appropriate action on the part of the Borrower and that this Note is a legal, valid, binding and enforceable obligation of the Borrower.

 

The Borrower agrees that this Note is governed by the laws of the Province of British Columbia.

 

	 	SONORA RESOURCES CORP.	 
	 	 	 	 
	
Date

	
By: 

	/s/ Mark Scott	 
	 	 	
Authorized Signatory

	 
	 	 	Mark Scott	 
	 	 	CFO	 

 

 

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