Document:

EX-10.2

 EXHIBIT 10.2 

SECOND AMENDMENT TO 

MANAGEMENT AGREEMENT 

THIS SECOND AMENDMENT TO MANAGEMENT AGREEMENT (the
“Amendment”), dated as of June 26, 2019, is made pursuant to that certain Management Agreement dated as of June 1, 2015, (as previously amended by the First Amendment to Management Agreement, dated as of January 17,
2018, the “Agreement”), among Wendy’s Funding, LLC, a Delaware limited liability company (the “Master Issuer”), Wendy’s International, LLC, an Ohio limited liability company (the
“Manager”), the Securitization Entities party thereto, and Citibank, N.A., as trustee (the “Trustee”). 

W I T N E S S E T H: 

WHEREAS, the Master Issuer, the Manager, the Securitization Entities and the Trustee have entered into the Agreement; 

WHEREAS, Section 8.3 of the Agreement provides, among other things, that the provisions of the Agreement may, from
time to time, be amended, in writing, upon the written consent of the Trustee (acting at the direction of the Control Party), the Securitization Entities and the Manager; provided that any amendment that would materially adversely affect the
interest of the Noteholders shall require the consent of the Control Party, which consent shall not be unreasonably withheld or delayed; 

WHEREAS, the execution and delivery of this Amendment has been duly authorized and all conditions and requirements necessary to
make this Amendment a valid and binding agreement have been duly performed and complied with. 
 WHEREAS, the Master Issuer
and the Securitization Entities wish to amend the Agreement as set forth herein; 
 WHEREAS, the Control Party has directed
the Trustee to consent to the amendments set forth herein; 
 NOW, THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows: 

Section 1. Defined Terms. Unless otherwise amended by the terms of this Amendment, terms used in this Amendment shall have the
meanings assigned in the Agreement. 
 Section 2. Amendments.1 

2.1. The Agreement is hereby amended to amend and restate the definition of “Leadership Team” set forth in
Section 1.1 thereof as follows: 
  
  

	1 	 All modifications to existing provisions of the Agreement are indicated herein by adding the inserted text
(indicated in the same manner as the following example: inserted text, deleted text). 

 “Leadership Team” means the persons holding the following offices
immediately prior to the date of the occurrence of a Change of Control: any Senior Vice President, any person that reports directly to the Chief Executive Officer or Chief Financial Officer, the Treasurer or any other position that contains
substantially the same responsibilities as of any of the positions listed above or reports to the Chief Executive Officer; provided that from time to time an Authorized Officer of
Wendy’s may, upon written notice to the Control Party and the Trustee, change the list of offices comprising the Leadership Team so long as such list (x) at all times includes, at a minimum, the Chief Executive Officer and Chief Financial
Officer (or differently-titled successor offices performing substantially the same functions as the Chief Executive Officer and/or Chief Financial Officer, as the case may be) and (y) at no time exceeds twenty-five (25) officers;
provided, further, that any changes to such list notified to the Control Party and the Trustee during the period beginning on the date that is ninety (90) days preceding the announcement of a Change of Control and ending on the date that
is twelve (12) months following the occurrence of a Change of Control shall be disregarded for purposes of this definition.” 

2.2. The Agreement is hereby amended to amend and restate Sections 6.1(a)(iii), (iv), (v) and
(vi) thereof in their entirety as follows: 
 “(iii) any failure by the Manager to provide
any required certificate or report set forth in SECTIONS 4.1(a), (b), (c), (d), (e), (f) or (g) of the Base Indenture within three (3) Business Days of its due date
certain certificates or reports as required by the Indenture (subject to applicable grace periods); 
 (iv) a material
default by the Manager in the due performance and observance of any provision of this Agreement or any other Related Document to which it is a party (other than as described above) and the
continuation of such default for a period of thirty (30) days after the Manager has been notified thereof in writing by any Securitization Entity or the Control Party; provided, that if any such default is capable of being remedied within thirty
(30) days after the Manager has obtained Actual Knowledge of such breach or the Manager’s receipt of written notice thereof, then a Manager Termination Event shall only occur under this clause (iv) as a result of such breach if it is
not cured in all material respects by the end of such 30-day period; provided, further, that no Manager Termination Event shall occur pursuant to this clause (iv) due to the breach of any covenant relating to any New Asset set forth in ARTICLE V so
long as the Manager has complied with SECTION 2.7(b) and SECTION 2.7(c) if such damages are required to be paid with respect to such breach (subject to notice, certain grace periods and opportunities to cure including, if applicable,
by payment of liquidated damages as provided for in this Agreement or any other Related Document); 

  
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 (v) any material breach by the Manager of any
representation, warranty or statement of the Manager made in this Agreement or any other Related Document or in any certificate, report or other writing delivered pursuant thereto that
is or warranty not qualified by materiality or the definition of “Material Adverse Effect” as of the time when the same was made or deemed to have been
made or as of any other date specified in such document or agreement; provided that if any such breach is capable of being remedied within thirty (30) days after the Manager has obtained Actual Knowledge of such breach or the Manager’s receipt
of written notice thereof, then a Manager Termination Event shall only occur under this clause (v) as a result of such breach if it is not cured in all material respects by the end of such 30-day period; provided, further, that no Manager
Termination Event shall occur pursuant to this clause (v) due to the breach of any representation, warranty or statement relating to any New Asset set forth in ARTICLE V so long as the Manager has complied with SECTION 2.7(b) and SECTION 2.7(c) if
such damages are required to be paid with respect to such breach set forth in this Agreement or any other Related Document or any certificate, report or writing delivered pursuant thereto (subject to notice and any opportunity to
cure); 
 (vi) any breach by the Manager of any representation, warranty
or statement of the Manager made or warranty qualified by materiality or a “Material Adverse Effect” set forth in this Agreement or in any other
Related Document or in any certificate, report or other writing delivered pursuant thereto that is qualified by materiality
or the definition of “Material Adverse Effect” as of the time when the same was made or deemed to have been made or as of any other date specified in such document or agreement; provided that if any such breach is capable of being remedied
within thirty (30) days after the Manager has obtained Actual Knowledge of such breach or the Manager’s receipt of written notice thereof, then a Manager Termination Event shall only occur under this clause (vi) as a result of such
breach if it is not cured in all material respects by the end of such 30-day period; provided, further, that no Manager Termination Event shall occur under this clause (vi) due to the breach of a representation or warranty relating to any New
Asset set forth in ARTICLE V so long as the Manager has complied with SECTION 2.7(b) and SECTION 2.7(c) with respect to such breach by taking any action required to be taken (subject to notice and any opportunity to
cure);” 
 Section 3. Effectiveness of Amendment. Upon the date hereof (i) the Agreement shall be amended in
accordance herewith, (ii) this Amendment shall form part of the Agreement for all purposes and (iii) the parties and each Noteholder shall be bound by the Agreement, as so amended. Except as expressly set forth or contemplated in this
Amendment, the terms and conditions of the Agreement shall remain in place and shall not be altered, amended or changed in any manner whatsoever, except by any further amendment to the Agreement made in accordance with the terms of the
Agreement, as amended by this Amendment. 

  
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 Section 4. Representations and Warranties. Each party hereto represents and
warrants to each other party hereto that this Amendment has been duly and validly executed and delivered by such party and constitutes its legal, valid and binding obligation, enforceable against such party in accordance with its terms. 

Section 5. Binding Effect. This Amendment shall inure to the benefit of and be binding on the respective successors and assigns of
the parties hereto, each Noteholder and each other Secured Party. 
 Section 6. Execution in Counterparts. This Amendment
may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. 

Section 7. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE
STATE OF NEW YORK. 
 Section 8. Trustee. The Trustee assumes no responsibility for the correctness of the recitals
contained herein, which shall be taken as the statements of the Securitization Entities and the Trustee shall not be responsible or accountable in any way whatsoever for or with respect to the validity, execution or sufficiency of this Amendment and
makes no representation with respect thereto. In entering into this Amendment, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct of or affecting the liability of or affording protection to the
Trustee. 
 [SIGNATURE PAGES TO FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have
caused this First Amendment to Management Agreement to be executed and delivered by their duly authorized officers as of the date hereof. 
  

			
	WENDY’S INTERNATIONAL, LLC, as Manager
		
	By:	 	/s/ Gavin P. Waugh
		 	Name: Gavin P. Waugh
		 	Title: Vice President and Treasurer
	
	WENDY’S SPV GUARANTOR, LLC, as a
Securitization Entity
		
	By:	 	/s/ Gavin P. Waugh
		 	Name: Gavin P. Waugh
		 	Title: Vice President and Treasurer
	
	WENDY’S FUNDING, LLC, as Master Issuer
		
	By:	 	/s/ Gavin P. Waugh
		 	Name: Gavin P. Waugh
		 	Title: Vice President and Treasurer
	
	QUALITY IS OUR RECIPE, LLC, as a
Securitization Entity
		
	By:	 	/s/ Gavin P. Waugh
		 	Name: Gavin P. Waugh
		 	Title: Vice President and Treasurer

  
 [Signature Page to
Second Amendment to Management Agreement] 

 
			
	WENDY’S PROPERTIES, LLC, as a Securitization
Entity
		
	By:	 	/s/ Gavin P. Waugh
		 	Name: Gavin P. Waugh
		 	Title: Vice President and Treasurer

  
 [Signature Page to
Second Amendment to Management Agreement] 

 
			
	CITIBANK, N.A., in its capacity as Trustee
		
	By:	 	/s/ Anthony Bausa
		 	Name: Anthony Bausa
		 	Title: Senior Trust Officer

  
 [Signature Page to
Second Amendment to Management Agreement] 

			
	CONSENT OF CONTROL PARTY AND SERVICER:
	
	In accordance with Section 2.4 and Section 8.4 of the Servicing Agreement, Midland Loan Services, a division of PNC Bank, National Association, as Control Party (in accordance with
Section 8.3 of the Management Agreement) and as Servicer hereby consents to the execution and delivery by the Master Issuer, the Securitization Entities and the Trustee of, and as Control Party hereby directs the Trustee to execute and
deliver, this First Amendment to Management Agreement.
	
	MIDLAND LOAN SERVICES,

			
	A DIVISION OF PNC BANK, NATIONAL ASSOCIATION

			
		
	By:	 	/s/ David D. Spotts
		 	Name: David D. Spotts
		 	Title: Senior Vice President

  
 [Signature Page to
Second Amendment to Management Agreement]Exhibit 10.1

 

REVOLVING LINE OF CREDIT AGREEMENT

 

This Revolving Line of Credit
Agreement (the "AGREEMENT") is made and entered into in this 13th day of August, 2018, by and between MDX, INC. ("LENDER"),
and Rineon Group, Inc., a Nevada corporation ("BORROWER").

 

In consideration of the mutual covenants and agreements
contained herein, the parties agree as follows:

 

1.   
LINE OF CREDIT. Lender hereby establishes for a period extending to December 31, 2018 (the "MATURITY DATE") a
revolving line of credit (the "CREDIT LINE") for Borrower in the principal amount of Fifty Thousand Dollars ($50,000.00)
(the "CREDIT LIMIT"). In connection herewith, Borrower shall execute and deliver to Lender a Promissory Note in the amount
of the Credit Limit and in form and content satisfactory to Lender. All sums advanced on the Credit Line or pursuant to the terms
of this Agreement (each an "ADVANCE") shall become part of the principal of said Promissory Note.

 

2.   
ADVANCES. Any request for an Advance may be made from time to time and in such amounts as Borrower may choose; provided,
however, any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit
Limit. Requests for Advances may be made orally or in writing by such officer of Borrower authorized by it to request such Advances.
Until such time as Lender may be notified otherwise, Borrower hereby authorizes its president or any vice president to request
Advances. Lender may deposit or credit the amount of any requested Advance to Borrower's checking account with Lender. Lender may
refuse to make any requested Advance if an event of default has occurred and is continuing hereunder either at the time the request
is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice
or passing of time or both, would constitute an event of default hereunder as of such dates.

 

The funds from the Advances
will be used by the Borrower for operating expenses in connection with the operations of the Borrower.

 

3.   
INTEREST. All sums advanced pursuant to this Agreement shall bear interest based upon the outstanding balance owed on thirtieth
day of April each year at the rate of five percent (5%) per annum, simple interest (the "EFFECTIVE RATE") at which point
the interest will be included to the outstanding balance.

 

4.   
REPAYMENT. Borrower shall pay the entire unpaid principal balance, together with any accrued interest and other unpaid charges
or fees hereunder, shall be due and payable on the Maturity Date. All payments shall be made to Lender at such place as Lender
may, from time to time, designate. All payments received hereunder shall be applied, first, to principal, second, to any costs
or expenses incurred by Lender in collecting such payment or to any other unpaid charges or expenses due hereunder; and third,
to accrued interest. Borrower may prepay principal at any time without penalty.

 

5.   
REPRESENTATIONS AND WARRANTIES. In order to induce Lender to enter into this Agreement and to make the advances provided
for herein, Borrower represents and warrants to Lender as follows:

 

a.   
Borrower is a duly organized, validly existing, and in good standing under the laws of the State of Colorado with the power
to own its assets and to transact business in Colorado, and in such other states where its business is conducted.

 

 

 

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b.   
Borrower has the authority and power to execute and deliver any document required hereunder and to perform any condition
or obligation imposed under the terms of such documents.

 

c.   
The execution, delivery and performance of this Agreement and each document incident hereto will not violate any provision
of any applicable law, regulation, order, judgment, decree, article of incorporation, by-law, indenture, contract, agreement, or
other undertaking to which Borrower is a party, or which purports to be binding on Borrower or its assets and will not result in
the creation or imposition of a lien on any of its assets.

 

d.   
There is no action, suit, investigation, or proceeding pending or, to the knowledge of Borrower, threatened, against or
affecting Borrower or any of its assets which, if adversely determined, would have a material adverse affect on the financial condition
of Borrower or the operation of its business.

 

 6.    EVENTS OF DEFAULT. An event of default will occur if any of the following events occurs:

 

a. Failure to pay any principal or interest
hereunder within ten (10) days after the same becomes due.

 

b.   
Any representation or warranty made by Borrower in this Agreement or in connection with any borrowing or request for an
Advance hereunder, or in any certificate, financial statement, or other statement furnished by Borrower to Lender is untrue in
any material respect at the time when made.

 

c.   
Default by Borrower in the observance or performance of any other covenant or agreement contained in this Agreement, other
than a default constituting a separate and distinct event of default under this Paragraph 6.

 

d.   
Filing by Borrower of a voluntary petition in bankruptcy seeking reorganization, arrangement or readjustment of debts, or
any other relief under the Bankruptcy Code as amended or under any other insolvency act or law, state or federal, now or hereafter
existing.

 

e.   
Filing of an involuntary petition against Borrower in bankruptcy seeking reorganization, arrangement or readjustment of
debts, or any other relief under the Bankruptcy Code as amended, or under any other insolvency act or law, state or federal, now
or hereafter existing, and the continuance thereof for sixty (60) days undismissed, unbonded, or undischarged.

 

7.   
REMEDIES. Upon the occurrence of an event of default as defined above, Lender may declare the entire unpaid principal balance,
together with accrued interest thereon, to be immediately due and payable without presentment, demand, protest, or other notice
of any kind. Lender may suspend or terminate any obligation it may have hereunder to make additional Advances. To the extent permitted
by law, Borrower waives any rights to presentment, demand, protest, or notice of any kind in connection with this Agreement. No
failure or delay on the part of Lender in exercising any right, power, or privilege hereunder will preclude any other or further
exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies provided herein are cumulative
and not exclusive of any other rights or remedies provided at law or in equity. Borrower agrees to pay all costs of collection
incurred by reason of the default, including court costs and reasonable attorney's fees.

 

 

 

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8.   
NOTICE. Any written notice will be deemed effective on the date such notice is placed, first class, postage prepaid, in
the United States mail, addressed to the party to which notice is being given as follows:

 

	 	Lender:	MDX, INC.
	 	 	1112 Oakridge Drive 
	 	 	Fort Collins, CO 80525
	 	 	Attn:
Chris Lotito
	 	 	 
	 	Borrower:	RINEON GROUP, INC.
	 	 	3609 Hammerkop
	 	 	North Las Vegas, NV 90084
	 	 	Attn: Chris Lotito

 

9.   
GENERAL PROVISIONS. All representations and warranties made in this Agreement and the Promissory Note and in any certificate
delivered pursuant thereto shall survive the execution and delivery of this Agreement and the making of any loans hereunder. This
Agreement will be binding upon and inure to the benefit of Borrower and Lender, their respective successors and assigns, except
that Borrower may not assign or transfer its rights or delegate its duties hereunder without the prior written consent of Lender.
This Agreement, the Promissory Note, and all documents and instruments associated herewith will be governed by and construed and
interpreted in accordance with the laws of the State of Colorado. Time is of the essence hereof. This Agreement will be deemed
to express, embody, and supersede any previous understanding, agreements, or commitments, whether written or oral, between the
parties with respect to the general subject matter hereof. This Agreement may not be amended or modified except in writing signed
by the parties.

 

EXECUTED on the day and year first written above.

 

	The Borrower:	RINEON GROUP, Inc., a Nevada corporation
	 	 
	 	By /s/ Chris Lotito           
	 	Its President
	 	 
	 	 
	The Lender:	MDX,
INC. , a Colorado corporation
	 	 
	 	By /s/ Chris Lotito           
	 	Its Manager

 

 

 

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Promissory Note

 

	$50,000.00	Fort Collins, CO

 

August 13, 2018

 

This Promissory Note (the
"NOTE") is made and executed as of the date referred to above, by and between RINEON GROUP, Inc., a Nevada corporation
(the "BORROWER"), and MDX, INC. ("LENDER"). By this Note, the Borrower promises and agrees to pay to the order
of Lender, at such place as Lender may designate in writing, the principal sum of Fifty Thousand and 00/100 Dollars ($50,000.00),
or the aggregate unpaid principal amount of all advances made by Lender to Borrower pursuant to the terms of a Revolving Line of
Credit Agreement (the "LOAN AGREEMENT") of even date herewith, whichever is less, together with interest thereon calculated
annually based upon the current outstanding balance borrowed on thirtieth day of April each year at the rate of five percent (5%)
per annum, simple interest, at which point the interest will be added to the outstanding balance owed.

 

Borrower shall pay the entire
unpaid principal balance, together with any accrued interest and other unpaid charges or fees hereunder, shall be due and payable
on December 31, 2018 (the "MATURITY DATE").

 

Prepayment in whole or part
may occur at any time hereunder without penalty; provided that the Lender shall be provided with not less than ten (10) days notice
of the Borrower's intent to pre-pay; and provided further that any such partial prepayment shall not operate to postpone or suspend
the obligation to make, and shall not have the effect of altering the time for payment of the remaining balance of the Note as
provided for above, unless and until the entire obligation is paid in full. All payments received hereunder shall be applied, first,
to principal, second, to any costs or expenses incurred by Lender in collecting such payment or to any other unpaid charges or
expenses due hereunder; and third to accrued interest.

 

An event of default will
occur if any of the following events occurs: (a) failure to pay any principal or interest hereunder within ten (10) days after
the same becomes due; (b) if any representation or warranty made by Borrower in the Loan Agreement or in connection with any borrowing
or request for an advance thereunder, or in any certificate, financial statement, or other statement furnished by Borrower to Lender
is untrue in any material respect at the time when made; (c) default by Borrower in the observance or performance of any other
covenant or agreement contained in the Loan Agreement, other than a default constituting a separate and distinct event of default
under Paragraph 7 of the Loan Agreement; (d) filing by Borrower of a voluntary petition in bankruptcy seeking reorganization, arrangement
or readjustment of debts, or any other relief under the Bankruptcy Code as amended or under any other insolvency act or law, state
or federal, now or hereafter existing; or (e) filing of an involuntary petition against Borrower in bankruptcy seeking reorganization,
arrangement or readjustment of debts, or any other relief under the Bankruptcy Code as amended, or under any other insolvency act
or law, state or federal, now or hereafter existing, and the continuance thereof for sixty (60) days undismissed, unbonded, or
undischarged.

 

Any notice or demand to
be given to the parties hereunder shall be deemed to have been given to and received by them and shall be effective when personally
delivered or when deposited in the U.S. mail, certified or registered mail, return receipt requested, postage prepaid, and addressed
to the party at his or its last known address, or at such other address as the one of the parties may hereafter designate in writing
to the other party.

 

 

 

 

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The
Borrower hereof waives presentment for payment, protest, demand, notice of protest, notice of dishonor, and notice of nonpayment,
and expressly agrees that this Note, or any payment hereunder, may be extended from time to time by the Lender without in any way
affecting its liability hereunder.

 

In the event any payment
under this Note is not made at the time and in the manner required, the Borrower agrees to pay any and all costs and expenses which
may be incurred by the Lender hereof in connection with the enforcement of any of its rights under this Note or under any such
other instrument, including court costs and reasonable attorneys' fees.

 

This Note shall be governed by and construed and
enforced in accordance with the laws of Colorado.

 

	The Borrower:	RINEON GROUP, Inc., a Nevada corporation
	 	 
	 	By /s/ Chris Lotito           
	 	Its President
	 	 
	 	 
	 	 
	The Lender:	MDX,
INC., a Colorado corporation
	 	 
	 	By /s/ Chris Lotito           
	 	Its Manager

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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