Document:

CombinatoRx Form of Restricted Stock Unit Agreement - Neuromed Executives

 Exhibit 10.53 
 COMBINATORX, INCORPORATED 
 Restricted Stock Unit Agreement 
 Granted Under CombinatoRx, Incorporated Amended and Restated 2004 Incentive Plan 
 The undersigned participant (the “Participant”) (i) acknowledges that on _________, 2009, s/he received an award (the
“Award”) of restricted stock units from CombinatoRx, Incorporated (the “Company”) under the Amended and Restated 2004 Incentive Plan (the “Plan”) in respect of an award issued to the Participant under the Neuromed
Pharmaceuticals Inc. Special Equity Incentive Plan, (ii) hereby agrees to the terms of such Award, subject to the terms set forth in the Plan; (iii) further acknowledges receipt of a copy of the Plan as in effect on the date hereof; and
(iv) agrees with the Company as follows: 
 1. Effective Date. This Agreement shall take effect as of __________, 2009,
which is the date of grant of the Award (the “Grant Date”). 
 2. Grant of Award. The Award consists of __________
restricted stock units (individually, an “RSU” and collectively, the “RSUs”). Each RSU represents the right to receive one share of the common stock of the Company, $0.001 par value per share (“Stock”), as provided in
this Agreement. The shares of Stock that are issuable upon vesting of the RSUs evidenced by this Agreement are referred to as “Shares.” 
 3. Provisions of the Plan; Defined Terms. This Award is subject to the provisions of the Plan, which are incorporated herein by reference. A copy of the Plan as in effect on the date of the grant of this Award has been
furnished to the Participant. By accepting this Award, the Participant agrees to be bound by the terms of the Plan and this Agreement. All initially capitalized terms used herein will have the meaning specified in the Plan, unless another meaning is
specified herein. The term “Escrow Agreement” shall mean the Escrow Agreement, dated as of June 30, 2009, among the Company, Kurt C. Wheeler as stockholders’ representative and Computershare Trust Company, N.A., as escrow agent.

 4. Nontransferability of RSUs. The RSUs acquired by the Participant pursuant to this Agreement shall not be sold,
transferred, pledged, assigned or otherwise encumbered or disposed of except as provided below and in the Plan. 
 5. Forfeiture
Risk. If the Participant ceases to be employed by the Company or any of its subsidiaries, including without limitation, Neuromed Pharmaceuticals Inc. and Neuromed Pharmaceuticals Ltd., for any reason (including by death or disability), any
unvested RSUs (after the application of Section 6 of this Agreement and any other applicable provision contained in this Agreement) and any Dividend Equivalents (as defined below) paid with respect thereto shall be automatically and immediately
forfeited as of the date of such termination. 
 6. Vesting of RSUs. The RSUs acquired hereunder shall vest in accordance with
the provisions of this Section 6 and applicable provisions of the Plan, as follows: 
 (a) In the event that the FDA Approval Date (as
defined in the Escrow Agreement) is on or prior to the Second Milestone Date (as defined in the Escrow Agreement), 

 
this Award shall become immediately vested in full on such FDA Approval Date. In the event that the FDA Approval Date does not occur on or prior to the
Second Milestone Date, 50% of the original number of RSUs (and any Dividend Equivalents (as defined below) paid with respect thereto) shall be immediately forfeited on the Second Outside Date (as defined in the Escrow Agreement). In the event that
the FDA Approval Date is on or after the Second Outside Date and on or prior to the Final Milestone Date (as defined in the Escrow Agreement), this Award shall become vested as to 50% of the original number of RSUs on such FDA Approval Date. In the
event that the FDA Approval Date does not occur on or prior to the Final Milestone Date, then 7.143% of the original number of RSUs (and any Dividend Equivalents paid with respect thereto) shall be immediately forfeited on the Final Outside Date (as
defined in the Escrow Agreement) (for the avoidance of doubt, such amount shall be in addition to the RSUs that were forfeited on the Second Outside Date). In the event that the Participant remains employed by the Company or Neuromed Pharmaceuticals
Ltd., through the fifth anniversary of the Grant Date, then 42.857% of the original number of RSUs (and any Dividend Equivalents paid with respect thereto) shall vest. 
 (b) Notwithstanding Section 5, Section 6(a) and any other provision of this Agreement or the Plan, upon (x) the occurrence of a Change in Control (as defined below) while the Participant is still
employed by the Company or (y) the termination of the Participant’s employment by the Company without Cause (as defined below), then (i) 42.857% of the original number of RSUs (and any Dividend Equivalents paid with respect thereto)
shall become vested immediately prior to the consummation of such Change in Control or the date of such termination, and (ii) subject to the terms of this Agreement, (A) if the FDA Approval Date occurs prior to the Second Milestone Date,
an additional 57.143% of the original number of RSUs (and any Dividend Equivalents paid with respect thereto) shall vest as of such FDA Approval Date, or (B) if the FDA Approval Date occurs on or after the Second Outside Date and on or prior to
the Final Milestone Date, an additional 7.143% of the original number of RSUs (and any Dividend Equivalents paid with respect thereto) shall vest as of such FDA Approval Date. 
 (c) For purposes of this Agreement: 
 (i)
“Cause” shall mean: (A) the Participant’s conviction of a felony; (B) the Participant’s willful failure to perform (other than by reason of disability), or gross negligence in the performance of, the Participant’s
duties and responsibilities, which failure or negligence continues or remains uncured after thirty (30) days’ written notice to the Participant setting forth in reasonable detail the nature of such failure or negligence; (C) material
breach by the Participant of any provision of any agreement between the Participant and the Company, which breach continues or remains uncured after thirty (30) days’ written notice to the Participant setting forth in reasonable detail the
nature of such breach; or (D) material fraudulent conduct by the Participant with respect to the Company. 
 (ii) “Change in
Control” shall mean: (A) a sale, merger or consolidation after which securities possessing more than fifty (50%) percent of the total combined voting power of the Company’s outstanding securities have been transferred to or
acquired by a person or persons different from the persons who held such percentage of the total combined voting power immediately prior to such transaction; or (B) the sale, transfer or other 

  

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disposition of all or substantially all of the Company’s assets to one or more persons (other than a wholly owned subsidiary of the Company or a parent
company whose stock ownership after the transaction is the same as the Company’s ownership before the transaction); or (C) an acquisition, merger or similar transaction or a divestiture of a substantial portion of the Company’s
business after which the role of the Participant is not substantially the same as such role prior to the transaction. 
 7. Issuance of
Shares. 
 (a) Subject to the terms of the Plan and this Award, each RSU entitles the Participant to receive one share of Stock as
soon as reasonably practicable following the vesting of the RSU, but in no event later than two and one-half months after the end of the year in which the vesting date occurs. 
 (b) The Shares shall be issued and delivered to the Participant in accordance with Section 3(a) upon compliance to the satisfaction of the
Administrator with all requirements under applicable laws or regulations in connection with such issuance and with the requirements hereof and of the Plan. The determination of the Administrator as to such compliance shall be final and binding on
the Participant. 
 (c) Notwithstanding anything to the contrary herein or in the Plan, if the Participant is a “specified
employee” within the meaning of Section 409A of the Code, and if any issuance of Shares hereunder is subject to the rule under Section 409A(a)(2)(B)(i) of the Code, then such issuance of Shares shall be delayed until the earlier of
(i) the date that is six months and one day after the Participant has a “separation from service” as defined in Section 409A of the Code or (ii) the death of the Participant. 
 8. Stockholder Rights, Dividends, etc. Until such time as shares of Stock are issued to the Participant pursuant to Section 7(a), the
Participant shall have no rights as a stockholder with respect to any Shares underlying the RSUs, including, but not limited to, any voting rights, provided, however, that any dividends or other distributions paid with respect to the Shares
underlying the RSUs (“Dividend Equivalents”) shall accrue and shall be converted into additional RSUs based on the closing price of the Stock on any such distribution date and any such additional RSUs shall be subject to the same
conditions and restrictions as are the RSUs with respect to which they were paid. 
 9. Certain Tax Matters. The Participant
expressly acknowledges the following: 
 (a) The Participant acknowledges that no election under Section 83(b) of the Code may be filed
with respect to this Award. 
 (b) In circumstances in which tax withholding is applicable upon the vesting of the RSUs acquired hereunder,
the Company shall retain from the Shares otherwise deliverable to the Participant a number of Shares having a fair market value (as determined by the board of directors of the Company (the “Board”)) equal to the Participant’s tax
obligation; provided, however, that the total tax withholding using Shares may not exceed the Company’s statutory minimum withholding obligation. Notwithstanding the foregoing, the Company may, in its sole discretion, require the Participant to
satisfy the withholding obligation with cash. 
  

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 10. Changes in Capitalization; Reorganization Events. 
 (a) Changes in Capitalization. In the event of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares,
reclassification of shares, spin-off or other similar change in capitalization or event, or any dividend or distribution to holders of Stock other than an ordinary cash dividend, the number of shares of Stock subject to this Award shall be equitably
adjusted by the Company in the manner determined by the Board. 
 (b) Reorganization Event. Upon the occurrence of a Reorganization
Event (as defined below), the Board shall provide that this Award shall be assumed, or an equivalent award shall be substituted, by the acquiring or succeeding corporation (or an affiliate thereof). For purposes hereof, this Award shall be
considered assumed if, following consummation of the Reorganization Event, this Award represents the right to receive, for each Share issuable in respect of the RSUs immediately prior to the consummation of the Reorganization Event, the
consideration (whether cash, securities or other property) received as a result of the Reorganization Event by holders of Stock for each share of Stock held immediately prior to the consummation of the Reorganization Event (and if holders were
offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding shares of Stock); provided, however, that if the consideration received as a result of the Reorganization Event is not
solely common stock of the acquiring or succeeding corporation (or an affiliate thereof), the Company may, with the consent of the acquiring or succeeding corporation, provide for the consideration to be delivered by the Company in respect of each
RSU to consist solely of common stock of the acquiring or succeeding corporation (or an affiliate thereof) equivalent in fair market value to the per share consideration received by holders of outstanding shares of Stock as a result of the
Reorganization Event. Notwithstanding the foregoing, if the acquiring or succeeding corporation (or an affiliate thereof) does not agree to assume, or substitute for, this Award, the consideration to be delivered by the Company in respect of each of
the RSUs, in lieu of the Shares, shall consist of a cash payment equal to the fair market value of the consideration received as a result of the Reorganization Event by holders of Stock for each share of Stock held immediately prior to the
consummation of the Reorganization Event. In the event of a liquidation or dissolution of the Company, the consideration to be delivered in respect of each of the RSUs shall consist of, in lieu of the Shares, the consideration received as a result
of such liquidation or dissolution by holders of Stock for each share of Stock held immediately prior to such liquidation or dissolution. As used herein, “Reorganization Event” means (i) any merger or consolidation of the Company with
or into another entity as a result of which all of the Stock of the Company is converted into or exchanged for the right to receive cash, securities or other property or is cancelled, (ii) any transfer or disposition of all of the Stock of the
Company for cash, securities or other property pursuant to a share exchange or other transaction or (iii) any liquidation or dissolution of the Company. 
 11. Miscellaneous. 
 (a) Notice hereunder shall be given to the Company at its principal place
of business and shall be given to the Participant at the address set forth below, or in either case, at such other address as one party may subsequently furnish to the other party in writing. 
  

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 (b) This Award does not confer upon the Participant any rights with respect to continuation of service as
an employee of the Company. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written
above. 
  

			
	COMBINATORX, INCORPORATED
		
	By:	 	 
		 	 Name:
 Title:

			
	
	
	
	 
	[NAME OF PARTICIPANT]
		
	Address:	 	 
		
		 	
		
		 	 

  

 5Amendment No.1 and Joinder to Amended and Restated Loan and Security Agreement

 Exhibit 10.40 
 AMENDMENT NO. 1 AND JOINDER TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 
 This
AMENDMENT NO. 1 AND JOINDER TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of September 15, 2009 is by and among the financial institutions listed on the signature pages hereto as existing
lenders (the “Existing Lenders”), the financial institutions listed on the signature hereto as incremental lenders (the “Incremental Lenders”, and together with the Existing Lenders, the “Lenders”),
Wachovia Capital Finance Corporation (Central), as administrative agent and collateral agent for the Lenders (“Agent”), and Gregg Appliances, Inc., an Indiana corporation (“Borrower”). 
 R E C I T A L S: 
 WHEREAS, Agent, Existing
Lenders, Borrower, and HHG Distributing, LLC, an Indiana limited liability company (“HHG”), are parties to that certain Amended and Restated Loan and Security Agreement dated as of July 25, 2007 (as amended, the “Loan
Agreement”; capitalized terms used and not defined herein shall have the meanings assigned to them in the Loan Agreement, as amended hereby); 
 WHEREAS, the Borrower has requested that the Agent and Existing Lenders amend the Loan Agreement, and the Agent and Existing Lenders have agreed to such amendment pursuant to the terms and conditions set forth herein;
and 
 WHEREAS, the Borrower has delivered to Agent its request to increase the Maximum Credit by $25,000,000 pursuant to Section 2.3 of
the Loan Agreement, which amount is the maximum increase permitted thereby, and the Incremental Lenders have agreed to provide new or additional Commitments in the amounts set forth on Schedule A hereto pursuant to the terms and conditions set forth
herein. 
 NOW, THEREFORE, in consideration of the premises contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 Section 1. Amendment to Loan
Agreement. Immediately upon the satisfaction of each of the applicable conditions precedent set forth in Section 3 of this Agreement, the following amendment to the Loan Agreement shall become effective as of the date hereof: 
 (a) The definition of “Borrowing Base” set forth in Section 1 of the Loan Agreement is hereby amended by amending and restating subclause
(a)(i)(C)(1) of such definition to read as follows: 
 “(1) ninety (90%) percent of the Net Recovery Percentage
multiplied by the Value of such Eligible Inventory, or” 
 (b) The definition of “Cash Dominion Event” set forth in
Section 1 of the Loan Agreement is hereby amended and restated to read as follows: 

 “Cash Dominion Event” shall mean either (a) an Event
of Default shall exist or have occurred and be continuing or (b) the period commencing on the fifth (5th) consecutive Business Day on which Excess Availability is less than $18,750,000 and ending on a Cash Dominion Reversion. 
 (c) The definition of “Cash Dominion Reversion” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows: 
 “Cash Dominion Reversion” shall mean with respect to the first two (2) Cash Dominion Events in any twelve (12) month
period, that Excess Availability has been equal to or greater than $18,750,000 for sixty (60) consecutive days, provided, that, if a third Cash Dominion Event occurs during such twelve (12) month period, a Cash Dominion
Reversion will occur only in the event that Excess Availability has been equal to or greater than $18,750,000 for three hundred sixty (360) consecutive days. 
 (d) The definition of “Commitment” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows: 
 “Commitment” shall mean, at any time, as to each Lender, the principal amount set forth next to such Lender’s name on
Schedule 1.27 hereto designated as the Commitment of such Lender or on Schedule 1 to an Assignment and Acceptance Agreement pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 13.7 hereof or on
Schedule A to the First Amendment pursuant to which such Lender became a Lender hereunder or increased its commitment hereunder, as the same may be adjusted from time to time in accordance with the terms hereof; sometimes being collectively referred
to herein as the “Commitments.” 
 (e) The definition of “Excess Availability” set forth in Section 1 of the Loan
Agreement is hereby amended and restated to read as follows: 
 “Excess Availability” shall mean the amount, as
determined by Agent, calculated at any date of determination in accordance with the terms hereof, equal to (a) the Borrowing Base (after giving effect to any Reserves other than any Reserves in respect to Letter of Credit Accommodations), minus
(b) the sum of: (i) the amount of all then outstanding and unpaid Obligations (other than any outstanding Letter of Credit Accommodations) plus (ii) the amount of all Reserves then established in respect of Letter of Credit
Accommodations; provided, however, that with respect to calculations of “Excess Availability” made under Sections 7.3, 9.18 and 9.21 and the definitions of “Cash Dominion Event” and “Cash Dominion
Reversion” for dates of determination in October and November of any year, the amount determined by the foregoing calculation shall be increased by the lesser of (x) Suppressed Availability and (y) $5,000,000. 
 (f) The definition of “Fee Letter” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:

 “Fee Letter” shall mean (a) the letter agreement, dated May 4, 2007, by and among Borrower, Agent, Term
Loan Agent and Lead Arranger setting forth, among other fees, certain fees payable by Borrower to Agent for the benefit of itself and Lenders, as 

  

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the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, and (b) the letter agreement, dated
July 15, 2009, by and among Borrower, Agent and Lead Arranger setting forth certain fees payable to the Lead Arranger. 
 (g)
Section 1 of the Loan Agreement is hereby amended by inserting, in the appropriate alphabetical order, the following new definition: 
 “First Amendment” shall mean that certain Amendment No. 1 and Joinder to Amended and Restated Loan and Security Agreement, dated as of September 15, 2009, by and among the Borrower, Agent and the
Lenders signatory thereto, pursuant to which the Maximum Credit was increased pursuant to Section 2.3 hereof by the maximum amount permitted thereby. 
 (h) The definition of “Lenders” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows: 
 “Lenders” shall mean the financial institutions which are signatories hereto as Lenders and other persons made a party to this Agreement as a
Lender in accordance with Sections 2.3 and/or 13.7 hereof, and their respective successors and assigns; each sometimes being referred to herein individually as a “Lender.” 
 (i) The definition of “Maximum Credit” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:

 “Maximum Credit” shall mean (i) prior to the effectiveness of the First Amendment, the amount of $100,000,000, and
(ii) from and after the effectiveness of the First Amendment, the amount of $125,000,000 (which amount gives effect to the exercise of the maximum increase in the Maximum Credit permitted by Section 2.3 hereof). 
 (j) The definition of “Pro Rata Share” set forth in Section 1 of the Loan Agreement is hereby amended and restated to read as follows:

 “Pro Rata Share” shall mean as to any Lender, the fraction (expressed as a percentage) the numerator of which is such
Lender’s Commitment and the denominator of which is the aggregate amount of all of the Commitments of Lenders, as adjusted from time to time in accordance with the provisions of Sections 2.3 and 13.7 hereof; provided, that, if the
Commitments have been terminated, the numerator shall be the unpaid amount of such Lender’s Loans and its interest in the Letter of Credit Accommodations and the denominator shall be the aggregate amount of all unpaid Loans and Letter of Credit
Accommodations. 
 (k) The definition of “Required Lenders” set forth in Section 1 of the Loan Agreement is hereby amended and
restated to read as follows: 
 “Required Lenders” shall mean, at any time, those Lenders whose Pro Rata Shares aggregate more than
fifty (50%) percent of the aggregate of the Commitments of all Lenders, or if the Commitments shall have been terminated, Lenders to whom at least more than fifty (50%) percent of the then outstanding Obligations are owing;
provided, that, so long as any 

  

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one Lender’s Pro Rata Share is more than fifty (50%) percent of the aggregate of the Commitments of all Lenders, then Required Lenders shall mean
such Lender and any other Lender. For the purposes of determining Required Lenders, Wachovia Capital Finance Corporation (Central) and Wells Fargo Retail Finance, LLC shall be deemed to be one Lender. 
 (l) Section 1 of the Loan Agreement is hereby amended by inserting, in the appropriate alphabetical order, the following new definition: 

“Suppressed Availability” shall mean the amount, if positive, equal to (x) the aggregate of (1) the amount
determined in accordance with subclause (i) of clause (a) of the definition of “Borrowing Base” minus (2) Reserves, minus (y) the Maximum Credit at such time. 
 (m) The increase in Maximum Credit pursuant to Section 2.3 of the Loan Agreement shall be deemed to have been duly completed upon the effective date
of the Agreement and such provision shall have no further force and effect. 
 (n) Section 6.3(b) of the Loan Agreement is hereby
amended by deleting the reference to “Chicago, Illinois” appearing therein and substituting “Boston, Massachusetts” in its place. 
 (o) Section 6.5 of the Loan Agreement is hereby amended by deleting the reference to “Chicago, Illinois” appearing therein and substituting “Boston, Massachusetts” in its place. 
 (p) Section 6.9(b) of the Loan Agreement is hereby amended by deleting each reference to “Chicago, Illinois” appearing therein and
substituting “Boston, Massachusetts” in each such place. 
 (q) Section 6.11(i) of the Loan Agreement is hereby amended and
restated to read as follows: 
 “(i) Each Person that is a Lender as of the date of this Agreement or becomes a Lender
after the date of this Agreement (i) either (a) represents and warrants to Borrower that such Person is incorporated or organized under the laws of the United States or a state thereof or (b) if such Person is organized under the laws
of any jurisdiction other than the United States or any State thereof, agrees to furnish to Agent and Borrower prior to the time that Agent or Borrower is required to make any payment of principal, interest or fees hereunder, duplicate executed
originals of either U.S. Internal Revenue Service Form W-8BEN or W-8ECI, as applicable (wherein such Lender claims entitlement to the benefits of a tax treaty that provides for a complete exemption from U.S. federal income withholding tax on all
payments hereunder) and agrees to provide new forms upon the expiration of any previously delivered form or comparable statements in accordance with applicable U.S. law and regulations and amendments thereto, duly executed and completed by such
Lender, and (ii) agrees to comply with all applicable U.S. laws and regulations with regard to such withholding tax exemption.” 
  

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 (r) Section 7.3(d) of the Loan Agreement is hereby amended and restated to read as follows:

 “(d) upon Agent’s request, Borrower shall deliver or cause to be delivered to Agent written appraisals as to the
Inventory in form, scope and methodology reasonably acceptable to Agent and by an appraiser reasonably acceptable to Agent, addressed to Agent and Lenders and upon which Agent and Lenders are expressly permitted to rely: (i) one (1) time
in any twelve (12) month period at Borrower’s expense if average daily Excess Availability (calculated at the end of each calendar month using the actual number of days in such month) is equal to or greater than $30,000,000 (it being
acknowledged and agreed that the collateral appraisal delivered to Agent in connection with the execution of the First Amendment shall count as an appraisal described in this clause (i)), (ii) one (1) additional time during such twelve
(12) month period at Borrower’s expense if average daily Excess Availability is less than $30,000,000 (calculated at the end of each calendar month using the actual number of days in such month) and Agent requests such additional
appraisal, (iii) at any time or times Agent may reasonably request at the expense of Agent and Lenders, and (iv) at any time or times as Agent may request at Borrower’s expense at any time after an Event of Default has occurred and is
continuing;” 
 (s) Section 9.18 of the Loan Agreement is hereby amended by (i) deleting the reference to the parenthetical
“(calculated without regard to any Maximum Credit limitation)” and (ii) deleting the dollar amount “$8,500,000” and substituting the dollar amount “$18,750,000” in its place. 
 (t) Section 9.21(f) of the Loan Agreement is hereby amended and restated to read as follows: 
 “(f) all out-of-pocket expenses and costs heretofore and from time to time hereafter incurred by Agent during the course of periodic
field examinations of the Collateral and Borrower’s or such Guarantor’s operations, plus a per diem charge at Agent’s then standard rate for Agent’s examiners in the field and office; provided, that, no more than
two (2) periodic field exams, at Borrower’s expense, will be conducted in any consecutive twelve (12) month period prior to the occurrence of an Event of Default (and only one (1) time in any twelve (12) month period prior
to the occurrence of an Event of Default in the event that average daily Excess Availability (calculated at the end of each calendar month using the actual number of days in such month) is equal to or greater than $30,000,000) (it being acknowledged
and agreed that the field examination delivered to Agent in connection with the execution of the First Amendment shall count as a field examination described in this Section 9.21(f));” 
 (u) Section 13.1(a) of the Loan Agreement is hereby amended by deleting the reference to “Chicago, Illinois” appearing therein and
substituting “Boston, Massachusetts” in its place. 
 (v) The notice address for the Borrower or any Guarantor set forth in
Section 13.3 of the Loan Agreement is hereby amended and restated to read as follows: 
  

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 Gregg Appliances, Inc. 
 4151 East 96th Street 
 Indianapolis, Indiana 46240 
 Attention: Chief Financial Officer 
 Telephone No.: (317) 848-8710 
 Telecopy No.: (317) 848-8788 
 (w) The second sentence of Section 13.7(b) of the Loan Agreement is hereby amended and restated to read as follows: 
 “Agent shall also maintain a copy of each Assignment and Acceptance and Lender Joinder Agreement delivered to and accepted by it and
shall modify the Register to give effect to each Assignment and Acceptance and Lender Joinder Agreement.” 
 Section 2.
Joinder. 
 Section 2.1 Increase to the Maximum Credit. Each Incremental Lender hereby agrees to provide its Commitment, as
set forth on Schedule A annexed hereto (the “Incremental Commitment”), which Incremental Commitment is in addition to its existing Commitment, if any, upon the satisfaction of each of the applicable conditions precedent set forth in
Section 3 of this Agreement. Upon the effectiveness of this Agreement, (a) each Incremental Lender which is not also an Existing Lender shall be a party to the Loan Agreement and the other Financing Agreements and shall have the rights and
obligations of a Lender thereunder and (b) the participation interests (and fees with respect thereto) in all outstanding Letter of Credit Accommodations will be adjusted to reflect each Lender’s new Pro Rata Share. 
 Section 2.2. Agreements of Incremental Lenders. Each Incremental Lender (a) confirms that it has received a copy of the Loan Agreement
and the other Financing Agreements, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Agreement;
(b) agrees that it will, independently and without reliance upon the Agent or the Lead Arranger or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions
in taking or not taking action under the Loan Agreement; (c) appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under the Loan Agreement and the other Financing Agreements as are delegated
to the Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and (d) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Loan Agreement are required
to be performed by it as a Lender. 
 Section 2.3. Miscellaneous. 
 (a) For purposes of the Loan Agreement, the initial notice address of each Incremental Lender which is not also an Existing Lender shall be as set forth
below its respective signature below. 
 (b) For each Incremental Lender which is not also an Existing Lender, delivered herewith to the
Agent are such forms, certificates or other evidence with respect to 

  

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United States federal income tax withholding matters as such Incremental Lender may be required to deliver to the Agent pursuant to Section 6.11 of the
Loan Agreement. 
 (c) Upon the effectiveness of this Agreement, the Agent will record all Loans made by each Incremental Lender in the
Register. 
 Section 3. Conditions Precedent to Effectiveness of Agreement. 
 Section 3.1 The effectiveness of this Agreement is subject to (i) the satisfaction of the conditions set forth in Section 3.2 of this
Agreement and (ii) that Agent shall have received a duly executed counterpart of this Agreement from Borrower and all Lenders. 
 Section 3.2 The effectiveness of this Agreement is subject to the satisfaction of the following conditions: 
 (a) Agent shall
have received a reaffirmation of guaranty from HHG in the form attached hereto as Exhibit A; 
 (b) Borrower shall have paid all fees
and other amounts due and payable by it under the Loan Agreement, including to the extent invoiced, fees, costs and expenses owing to Latham & Watkins LLP, under any other Financing Agreement or under the Fee Letter; and 
 (c) Agent shall have received a Secretary’s Certificate of the Borrower and HHG certifying the passage and continued effectiveness of resolutions
from the Borrower and HHG approving the transactions contemplated by this Agreement and the incumbency of the officers executing this Agreement and the documents delivered in connection therewith, in each case in form and substance satisfactory to
the Agent. 
 (d) The Agent shall have received, for the account of each Incremental Lender, the payment of a commitment fee equal to 5.0% of
each Incremental Lender’s Incremental Commitment. 
 (e) The representations and warranties contained in this Agreement shall be true
and correct in all material respects. 
 (f) Each Incremental Lender which is not also an Existing Lender shall have received from Borrower
all documentation and other information required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the Patriot Act. 
 (g) Agent and the Incremental Lenders shall have received the following legal opinions and documents: (x) executed legal opinions of Bingham
McCutchen LLP, special counsel to the Borrower and HHG, and Ice Miller, special Indiana counsel to the Borrower and HHG, as required by Section 2.3(c)(iii) of the Loan Agreement (including an opinion as to no conflicts with Indebtedness),
(y) a certificate executed by a senior officer of the Borrower and HHG certifying that all of the conditions precedent to the making of the Loans set forth in Section 4.2 of the Loan Agreement shall be satisfied as of the date of the
increase in the Maximum Credit contemplated by this Agreement, both before and after giving effect to such 

  

 7 

 
increase, and (z) all other documents reasonably requested by the Agent in connection with this Agreement, in each case in form and substance
satisfactory to the Agent. 
 Section 4. Representations, Warranties and Covenants. In order to induce Agent and Lenders to enter
into this Agreement, Borrower represents, warrants and covenants to Agent and Lenders, upon the effectiveness of this Agreement, which representations, warranties and covenants shall survive the execution and delivery of this Agreement that:

 (a) Increase in Maximum Credit. The increase in the Maximum Credit contemplated by this Agreement shall not, on the effective date
of this Agreement, (i) violate any applicable law, regulation or order or decree of any court or other Governmental Authority and (ii) be enjoined, temporarily, preliminarily or permanently. 
 (b) No Default; etc. No Default or Event of Default has occurred and is continuing after giving effect to this Agreement or would result from the
execution or delivery of this Agreement or the consummation of the transactions contemplated hereby. 
 (c) Power and Authority;
Authorization. Borrower has the corporate power and authority to execute and deliver this Agreement and to perform the terms and provisions of the Loan Agreement, as amended by this Agreement, and the execution and delivery by Borrower of this
Agreement, and the performance by the Borrower of its obligations hereunder and under the Financing Agreements have been duly authorized by all requisite corporate action by Borrower. 
 (d) Execution and Delivery. Borrower has duly executed and delivered this Agreement. 
 (e) Enforceability. This Agreement and the Loan Agreement, as amended by this Agreement constitute the legal, valid and binding obligations of
Borrower, enforceable against Borrower in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ right
generally, and by general principles of equity. 
 (f) Representations and Warranties. All of the representations and warranties
contained in the Loan Agreement and in the other Financing Agreements (other than those which speak expressly only as of a different date) are true and correct in all material respects as of the date hereof after giving effect to this Agreement and
the transactions contemplated hereby. 
 Section 5. Miscellaneous. 
 (a) Effect; Ratification. Borrower acknowledges that all of the reasonable fees, costs and expenses of Latham & Watkins LLP incurred by
Agent in connection herewith shall be reimbursable under Section 9.21 of the Loan Agreement. The amendments and waiver set forth herein are effective solely for the purposes set forth herein and shall be limited precisely as written, and shall
not be deemed to (i) be a consent to any amendment, waiver or modification of any other term or condition of the Loan Agreement or of any other Financing Agreement or (ii) prejudice any right or rights that Agent or any Lender may now have
or may have in the future under or in connection with the Loan Agreement or any other Financing Agreement. Each 

  

 8 

 
reference in the Loan Agreement to “this Agreement”, “herein”, “hereof” and words of like import and each reference in the
other Financing Agreements to the “Loan Agreement” shall mean the Loan Agreement as amended hereby. This Agreement shall be construed in connection with and as part of the Loan Agreement and all terms, conditions, representations,
warranties, covenants and agreements set forth in the Loan Agreement and each other Financing Agreement, except as herein amended are hereby ratified and confirmed and shall remain in full force and effect. 
 (b) Counterparts. This Agreement may be executed in any number of counterparts, each such counterpart constituting an original but all together
one and the same instrument. 
 (c) Governing Law. This Agreement shall be governed by, and construed and interpreted in accordance
with, the internal laws of the State of New York. 
 [Signature Page Follows] 
  

 9 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement No. 1 and Joinder to Amended and
Restated Loan and Security Agreement as of the date first above written. 
  

			
	 GREGG APPLIANCES, INC.,
 as
Borrower

		
	By:	 	 /s/ Jeremy Aguilar

	Name:	 	Jeremy Aguilar
	Title:	 	Chief Financial Officer

  

 S-1 

			
	 WACHOVIA CAPITAL FINANCE
 CORPORATION
(CENTRAL),
 as Agent, an Existing Lender and an Incremental
 Lender

		
	By:	 	 /s/ Vicky Geist

	Name:	 	Vicky Geist
	Title:	 	Director

  

 S-2 

			
	 NATIONAL CITY BUSINESS CREDIT, INC.,
 as an
Existing Lender and an Incremental Lender

		
	By:	 	 /s/ Matthew Potter

	Name:	 	Matthew Potter
	Title:	 	Vice President

  

 S-3 

			
	 CREDIT SUISSE, CAYMAN ISLANDS BRANCH,
 as an
Incremental Lender

		
	By:	 	 /s/ Karim Blasetti

	Name:	 	Karim Blasetti
	Title:	 	Vice President
		
	By:	 	 /s/ Kevin Buddhdew

	Name:	 	Kevin Buddhdew
	Title:	 	Associate

  

			
	Notice Address:	 	 11 Madison Avenue
 New York, NY
10010

		
	Attention:	 	Shaheen Malik
	Telephone:	 	(212) 538-4047
	Facsimile:	 	(212) 325-8319

  

 S-4 

			
	 BARCLAYS BANK PLC,
 as an Incremental Lender

		
	By:	 	 /s/ Tami Kidd

	Name:	 	Tami Kidd
	Title:	 	Director

  

			
	Notice Address:	 	 745 Seventh Ave., 26th
 Floor
 New York, NY 10019

		
	Attention:	 	Ritam Bhalla
	Telephone:	 	212-526-1819
	Facsimile:	 	212-758-2774

  

 S-5 

			
	 WELLS FARGO RETAIL FINANCE, LLC,
 as an
Existing Lender

		
	By:	 	 /s/ Jennifer Cann

	Name:	 	Jennifer Cann
	Title:	 	Senior Vice President

  

 S-6 

 EXHIBIT A 
 REAFFIRMATION OF GUARANTY 
 September 15, 2009 
 Wachovia Capital Finance Corporation (Central), as Agent 
 150 S. Wacker
Drive 
 Chicago, Illinois 60606 
  

	 	Re:	Guarantee 

 Please refer to (1) the Amended
and Restated Loan and Security Agreement dated as of July 25, 2007 (as amended, supplemented, restated or otherwise modified from time to time, the “Loan Agreement”), among Gregg Appliances, Inc., an Indiana corporation
(“Borrower”), HHG Distributing, LLC, an Indiana limited liability company (“HHG”) the lenders party thereto (the “Lenders”) and Wachovia Capital Finance (Central), as agent (“Agent”) for the Lenders, and
(2) the Amended and Restated Guarantee dated July 25, 2007 (as amended, the “Guarantee”) by HHG in favor of Agent. Pursuant to Amendment No. 1 and Joinder to Amended and Restated Loan and Security Agreement dated as of the
date hereof (the “Agreement”) among Agent, the Lenders signatory thereto and the Borrower, the Loan Agreement has been amended in accordance with the terms and conditions of the Agreement. 
 HHG hereby (i) acknowledges and reaffirms all of its obligations and undertakings under the Guarantee, (ii) acknowledges and agrees that
subsequent to, and taking into account all of the terms and conditions of the Agreement, the Guarantee is and shall remain in full force and effect in accordance with the terms thereof and (iii) agrees to the amendments set forth in
Section 1 of the Agreement. 
 [Signature Page Follows] 

			
	 GUARANTOR:
  
 HHG DISTRIBUTING, LLC

		
	By:	 	 /s/ Dennis May

	Name:	 	Dennis May
	Title:	 	President, CEO

 [SIGNATURE PAGE TO REAFFIRMATION OF GUARANTY] 

 SCHEDULE A 
  

				
	 Name of Incremental Lender
	  	Amount of
Incremental Commitment
	 Wachovia Capital Finance Corporation (Central)
	  	$	1,500,000
	 National City Business Credit, Inc.
	  	$	11,000,000
	 Credit Suisse, Cayman Islands Branch
	  	$	6,250,000
	 Barclays Bank PLC
	  	$	6,250,000

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