Document:

Exhibit
10.2

 

REVENUE
PURCHASE AGREEMENT

 

This
Revenue Purchase Agreement and Security Agreement and Guaranty of Performance (“Agreement”) dated 04/28/2022 between
Samson MCA LLC (“FUNDER”) the Merchant(s) listed below (Merchant”) and the Individual(s) listed
below (“Guarantor”)

 

MERCHANT
INFORMATION

 

Merchant’s
Legal Name: MCA WESTOVER HILLS OPERATING COMPANY LLC

 

D/B/A:
MEMORY CARE OF WESTOVER HILLS

 

State
of Incorporation / Organization: Tenn 

 

Type
of Entity: LLC

 

Physical
Address: 10910 TOWN CENTER DRIVE

 

City: SAN
ANTONIO                   State: TX                                  Zip:
78251                    Business
Phone: 210-802-6653

 

Guarantor(s)
Name: JAMES T WALESA        Cellphone Number: ________________ Email Address:______________

 

Mailing Address:
_________________________________________ City:_________________________________

 

            State:
___________________________ Zip:_____________________

 

Guarantor(s)
Name: _______________ Cellphone Number:_______________ Email Address: _______________

 

Mailing
Address:_________________________________________ City:_________________________________

 

            State:
___________________________ Zip:_____________________

 

Purchase
Price: $35,000.00           Purchased Percent: 25%                
Purchased Amount: $48,300.00

 

Payment
Frequency: WEEKLY                                    
Remittance $1,463.64

 

In
consideration of payment by FUNDER to Merchant of the Purchase Price set forth above, Merchant hereby sells, assigns and transfers to
FUNDER (making FUNDER the absolute owner) the Purchased Percentage of all of Merchant’s payments, receipts, settlements and funds
paid to or received by or for the account of Merchant from time to time on and after the date hereof in payment or settlement of Merchant’s
existing and future accounts, payment intangibles, credit, debit and/or stored value card transactions, contract rights and other entitlements
arising from or relating to the payment of monies from Merchant’s customers’ and/or other payors or obligors (the “Future
Receipts” defined as all payments made by cash, check, clearinghouse settlement, electronic transfer or other form of monetary
payment), for the payments to Merchant as a result of Merchant’s sale of goods and/or services (the “Transactions”)
until the Purchased Amount has been delivered by or on behalf of Merchant to FUNDER.

 

Merchant
is selling a portion of a future revenue stream to FUNDER at a discount, and is not borrowing money from FUNDER, therefore there is no
interest rate or payment schedule and no time period during which the Purchased Amount must be collected by FUNDER. The Remittance is
a good faith estimate of FUNDER’s share of the future revenue stream. Merchant going bankrupt or going out of business, or experiencing
a slowdown in business, or a delay in collecting its receivables, in and of itself, does not constitute a breach of this Agreement. FUNDER
is entering this Agreement knowing the risks that Merchant’s business may not perform as expected or fail, and FUNDER assumes these
risks based on Merchant’s representations, warranties and covenants in this Agreement, which are designed to give FUNDER a reasonable
and fair opportunity to receive the benefit of its bargain. FUNDER acknowledges that it may never receive the Purchased Amount in the
event that the Merchant does not generate sufficient revenue. Merchant and Guarantor(s)(s) are only guaranteeing their performance of
the terms of this Revenue Purchase Agreement, and are not guaranteeing the payment of the Purchased Amount. The initial Remittance shall
be as described above. The Remittance is subject to adjustment as set forth in Paragraph 1.4 and Paragraph 1.5.

 

FUNDER
will debit the Remittance each business day from only one depositing bank account, which account must be acceptable to, and pre-approved
by, FUNDER (the “Account”) into which Merchant and Merchant’s customers shall remit the Receipts from each Transaction,
until such time as FUNDER receives payment in full of the Purchased Amount. Merchant hereby authorizes FUNDER to ACH debit the agreed
Remittance from the Account on the agreed upon Payment Frequency; a daily basis means any day that is not a United States banking holiday.
Merchant agrees not to make or cause debits to the Account (other than in favor of FUNDER) at any time that would cause the balance therein
on any business day to be insufficient to fund payment in full of the agreed Remittance. The Account may not be used for any personal,
family or household purposes. Merchant will provide FUNDER with all required access codes and monthly bank statements regarding the Account
so that FUNDER may monitor the Account. FUNDER payment of the Purchase Price shall be deemed the acceptance and performance by FUNDER
of this Agreement. Merchant understands that it is responsible for ensuring that the agreed Remittance to be debited by FUNDER remains
in the Account and will be held responsible for any fees incurred by FUNDER resulting from a rejected ACH attempt or an Event of Default.
FUNDER is not responsible for any overdrafts or rejected transactions that may result from FUNDER’s ACH debiting the agreed Remittance
under the terms of this Agreement. Notwithstanding anything to the contrary in this Agreement or any other agreement between FUNDER and
Merchant, upon the occurrence of an Event of Default of the MERCHANT AGREEMENT TERMS AND CONDITIONS the Purchased Percentage shall equal
100%. A list of all fees applicable under this Agreement is contained in Appendix A.

 

THE
MERCHANT AGREEMENT “TERMS AND CONDITIONS”, THE “SECURITY AGREEMENT AND GUARANTY” AND THE “ADMINISTRATIVE
FORM HEREOF, ARE ALL HEREBY INCORPORATED IN AND MADE A PART OF THIS MERCHANT AGREEMENT.

  

	FOR
    THE MERCHANT (#1)	 By:	James
    Walesa	 	
	 	 	(Print
    Name and Title) 	 	(Signature)
	 	 	 	 	 
	FOR
THE MERCHANT (#2) 	 By:		 	 
	 	 	(Print
    Name and Title) 	 	(Signature)
	 	 	 	 	 
	BY
GUARANTOR(S) (#1) 	 By:	James
    Walesa	 	
	 	 	(Print
    Name and Title)	 	(Signature)
	 	 	 	 	 
	BY
GUARANTOR(S) (#2) 	 By:	 	 	 
	 	 	(Print
    Name and Title) 	 	(Signature)

 

	 	Initial:	

 

    	1

     

    

 

MERCHANT
AGREEMENT TERMS AND CONDITIONS

 

TERMS
OF ENROLLMENT IN PROGRAM

 

1.1
 Merchant Deposit Agreement and Processor. Merchant shall (A) execute an agreement acceptable to FUNDER with a
Bank acceptable to FUNDER to obtain electronic fund transfer services for the Account, and (B) if applicable, execute an agreement acceptable
to FUNDER with a credit and debit card processor (the “Processor”) instructing the Processor to deposit all Receipts into
the Account. Merchant shall provide FUNDER and/or its authorized agent(s) with all of the information, authorizations and passwords necessary
for verifying Merchant’s receivables, receipts, deposits and withdrawals into and from the Account. Merchant hereby authorizes
FUNDER and/or its agent(s) to withdraw from the Account via ACH debit the amounts owed to FUNDER for the receipts as specified herein
and to pay such amounts to FUNDER. These authorizations apply not only to the approved Account but also to any subsequent or alternate
account used by the Merchant for these deposits, whether pre- approved by FUNDER or not. This additional authorization is not a waiver
of FUNDER’s entitlement to declare this Agreement breached by Merchant as a result of its usage of an account which FUNDER did
not first pre- approve in writing prior to Merchant’s usage thereof. The aforementioned authorizations shall be irrevocable without
the written consent of FUNDER.

 

1.2
 Term of Agreement. This Agreement shall remain in full force and effect until the entire Purchased Amount and
any other amounts due are received by FUNDER as per the terms of this Agreement.

 

1.3
 Reconciliation. As long as an Event of Default, or breach of this agreement, has not occurred, Merchant may request
a retroactive reconciliation of the total Remittance Amount. All requests hereunder must be in writing to reconciliations@samsonfunding.com
Said request must include copies of all of Merchant’s bank account statements, credit card processing statements, and
accounts receivable report outstanding if applicable, from the date of this Agreement through and including the date the request is made.
FUNDER retains the right the request additional reasonable documentation including without limitation bank login or access to view Merchant’s
accounts using third party software, and Merchant’s refusal to provide access shall be a breach of this Agreement and FUNDER shall
have no obligation to reconcile. Such reconciliation, if applicable, shall be performed by FUNDER within two (2) Business Days following
its receipt of Merchant’s request for reconciliation by either crediting or debiting the difference back to, or from, Merchants
Bank Account so that the total amount debited by FUNDER shall equal the Specific Percentage of the Future Receipts that Merchant collected
during the requested month. Nothing set forth in this section shall be deemed to provide Merchant with the right to interfere with FUNDER’s
right and ability to debit Merchant’s Account while the request is pending or to unilaterally modify the Remittance Amount, in
any method other than the ones listed in this Agreement.

 

1.4
 Adjustments to the Remittance. As long an Event of Default, or breach of this agreement, has not occurred, Merchant
may give notice to FUNDER to request a decrease in the Remittance, should they experience a decrease in its Future Receipts. All requests
hereunder must be in writing to reconciliations@samsonfunding.com and must include
copies of all of Merchant’s bank account statements, credit card processing statements, and accounts receivable report outstanding
from the date of this Agreement through and including the date the request is made. FUNDER retains the right the request additional reasonable
documentation including without limitation bank login or 3rd party software access to view Merchant’s accounts, refusal
to provide access shall be a breach of this Agreement and FUNDER shall have no obligation to reconcile. The Remittance shall be modified
to more closely reflect the Merchant’s actual receipts by multiplying the Merchant’s actual receipts by the Purchased Percentage
divided by the number of business days in the previous (2) calendar weeks. Merchant shall provide FUNDER with viewing access to their
bank account as well as all information reasonably requested by FUNDER to properly calculate the Merchant’s Remittance. At the
end of the two (2) calendar weeks the Merchant may request another adjustment pursuant to this paragraph or it is agreed that the Merchant’s
Remittance shall return to the Remittance as agreed upon on Page 1 of this Agreement.

 

1.5
 Financial Condition. Merchant and Guarantor(s)(s) (as hereinafter defined and limited) authorize FUNDER and its
agents to investigate their financial responsibility and history, and will provide to FUNDER any authorizations, bank or financial statements,
tax returns, etc., as FUNDER requests in its sole and absolute discretion prior to or at any time after execution of this Agreement.
A photocopy of this authorization will be deemed as acceptable as an authorization for release of financial and credit information. FUNDER
is authorized to update such information and financial and credit profiles from time to time as it deems appropriate.

 

	 	Initial:	

 

    	2

     

    

 

1.6
 Transactional History. Merchant authorizes all of its banks, brokers and processor to provide FUNDER with Merchant’s
banking, brokerage and/or processing history to determine qualification or continuation in this program and for collections purposes.
Merchant shall provide FUNDER with copies of any documents related to Merchant’s card processing activity or financial and banking
affairs within five days after a request from FUNDER.

 

1.7
 Indemnification. Merchant and Guarantor(s)(s) hereby jointly and severally indemnify and hold harmless FUNDER
and each Processor, their respective officers, directors, agents and representatives, and shareholders against all losses, damages, claims,
liabilities and expenses (including reasonable attorney’s fees) incurred by any such indemnitee as a direct or indirect result
of (a) claims asserted by FUNDER for monies owed to FUNDER from Merchant and (b) actions taken by indemnitee in reliance upon any fraudulent,
misleading or deceptive information or instructions provided by FUNDER.

 

1.8 No
Liability. In no event will FUNDER be liable for any claims asserted by Merchant or Guarantor(s)s under any legal or equitable
theory for lost profits, lost revenues, lost business opportunities, exemplary, punitive, special, incidental, indirect or consequential
damages, each of which is waived by both Merchant and Guarantor(s)(s). In the event these claims are nonetheless raised, Merchant and
Guarantor(s)s will be jointly liable for all of FUNDER’s attorney’s fees and expenses resulting therefrom.

 

1.9 Reliance
on Terms. Section 1.1, 1.6, 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, FUNDER, Processor,
and Merchant’s bank

 

and
notwithstanding the fact that Processor and the bank is not a party of this Agreement, Processor and the bank may rely upon their terms
and raise them as a defense in any action.

 

1.10
 Sale of Receipts. Merchant and FUNDER agree that the Purchase Price under this Agreement is in exchange for the
Purchased Amount, and that such Purchase Price is not intended to be, nor shall it be construed as a loan from FUNDER to Merchant. Merchant
agrees that the Purchase Price is in exchange for the Receipts pursuant to this Agreement, and that it equals the fair market value of
such Receipts. FUNDER has purchased and shall own all the Receipts described in this Agreement up to the full Purchased Amount as the
Receipts are created. Merchant acknowledges that FUNDER’s share of Receipts collected are being held by Merchant in trust and are
the sole property of FUNDER until they are remitted to FUNDER. Payments made to FUNDER in respect to the full amount of the Receipts
shall be conditioned upon Merchant’s sale of products and services, and the payment therefore by Merchant’s customers. By
this Agreement, Merchant transfers to FUNDER full and complete ownership of the Purchased Amount and Merchant retains no legal or equitable
interest therein. FUNDER hereby appoints Merchant, and Merchant accepts appointment, as servicer for and on behalf of FUNDER for the
purpose of collecting and delivering Receipts to FUNDER as required by this Agreement until FUNDER has received the Receipts Purchased
Amount, and Merchant agrees that all such Receipts shall be received and held in trust for the benefit of SPFL for purposes of carrying
out the terms of this Agreement. Merchant agrees that it will treat the amounts received and the Purchased Receipts delivered to FUNDER
under this Agreement in a manner consistent with a sale in its accounting records and tax returns. Merchant agrees that FUNDER is entitled
to audit Merchant’s accounting records upon reasonable notice in order to verify compliance. Merchant waives any rights of privacy,
confidentiality or taxpayer privilege in any such litigation or arbitration in which Merchant asserts that this transaction is anything
other than a sale of future receipts. In no event shall the aggregate of all amounts or any portion thereof be deemed as interest hereunder,
and in the event it is found to be interest despite the parties hereto specifically representing that it is NOT interest, it shall be
found that no sum charged or collected hereunder shall exceed the highest rate permissible at law. In the event that a court nonetheless
determines that FUNDER has charged or received interest hereunder in excess of the highest applicable rate, the rate in effect hereunder
shall automatically be reduced to the maximum rate permitted by applicable law and FUNDER shall promptly refund to Merchant any interest
received by FUNDER in excess of the maximum lawful rate, it being intended that Merchant not pay or contract to pay, and that FUNDER
not receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by
Merchant under applicable law result, result thereof, Merchant knowingly and willingly waives the defense of Usury in any action or proceeding.

 

1.11
Power of Attorney. Merchant irrevocably appoints FUNDER and its agents and representatives, as its agent and attorney-in-fact
with full authority to take any action or execute any instrument or document to settle all obligations due to FUNDER from Processor,
or in the case of a violation by Merchant of Section 1or the occurrence of an Event of Default under Section 3 hereof, including without
limitation (i) to obtain and adjust insurance; (ii) to collect monies due or to become due under or in respect of any of the Collateral;
(iii) to receive, endorse and collect any checks, notes, drafts, instruments, documents or chattel paper in connection with clause (i)
or clause (ii) above; (iv) to sign Merchant’s name on any invoice, bill of lading, or assignment directing customers or account
debtors to make payment directly to FUNDER; and (v) to contact Merchant’s banks and financial institutions using Merchant and Guarantor(s)(s)
personal information to verify the existence of an account and obtain account balances (vi) to file any claims or take any action or
institute any proceeding which FUNDER may deem necessary for the collection of any of the unpaid Purchased Amount from the Collateral,
or otherwise to enforce its rights with respect to payment of the Purchased Amount. In connection therewith, all costs, expenses and
fees, including legal fees, shall be payable by merchant.

 

1.12
 Protections against Default. The following Protections 1 through 8 may be invoked by FUNDER immediately and
without notice to Merchant in the event: (a) Merchant takes any action to discourage the use of electronic check processing that are
settled through Processor, or permits any event to occur that could have an adverse effect on the use, acceptance, or authorization of
checks or other payments or deposits for the purchase of Merchant’s services and products including but not limited to direct deposit
of any checks into a bank account without scanning into the FUNDER electronic check processor; (b) Merchant changes its arrangements
with Processor or the Bank in any way that is adverse or unacceptable to FUNDER; (c) Merchant changes the electronic check processor
through which the Receipts are settled from Processor to another electronic check processor, or permits any event to occur that could
cause diversion of any of Merchant’s check or deposit transactions to another processor; (d) Merchant intentionally interrupts
or ceases the operation of this business transfers, moves, sells, disposes, or otherwise conveys its business and/or assets without (i)
the express prior written consent of FUNDER, and(ii) the written agreement
of any FUNDER or transferee to the assumption of all of Merchant’s obligations under this Agreement pursuant to documentation satisfactory
to FUNDER; (e) Merchant takes any action, fails to take any action, or offers any incentive—economic
or otherwise—the result of which will be to induce any customer or customers to pay for Merchant’s services with any means
other than payments, checks or deposits that are settled through Processor; (f) Merchant fails to provide FUNDER with copies of any documents
related to Merchant’s card processing activity of financial and banking affairs within five days after a request from FUNDER, or
(g) Merchant breaches any terms of this Agreement, including but not limited any of the Events of Default contained in Section 3.1 herein.
These protections arein addition to any other remedies available to FUNDER at law, in equity or otherwise pursuant to this Agreement.

 

	 	Initial:	

 

    	3

     

    

 

Protection
1. The full uncollected Purchased Amount plus all fees (including attorney’s fees and costs of collection in the amount
of 30% of the Purchased Amount then outstanding due under this Agreement and the attached Security Agreement become due and payable in
full immediately.

 

Protection
2. FUNDER may enforce the provisions of the Limited Personal Guaranty of Performance against the Guarantor(s).

 

Protection
3. Merchant hereby authorizes FUNDER to execute in the name of the Merchant a Confession of Judgment in favor of FUNDER pursuant
to the terms of the Confession of Judgment. Upon an Event of Default, FUNDER may enter that Confession of Judgment as a Judgment with
the Clerk of any Court and execute thereon.

 

Protection
4. FUNDER may enforce its security interest in the Collateral including sending demand letters to account debtors and credit
card processors.

 

Protection
5. FUNDER may exercise any and all rights and remedies of a secured party under Uniform Commercial Code Article 9

 

Protection
6. FUNDER may proceed to protect and enforce its right and remedies by lawsuit. In any such lawsuit, if FUNDER recovers a Judgment
against Merchant, Merchant shall be liable for all of FUNDER’s costs of the lawsuit, including but not limited to all reasonable
attorneys’ fees and court costs.

 

Protection
7. This Agreement shall be deemed Merchant’s Assignment of Merchant’s Lease of Merchant’s business premises
to FUNDER. Upon breach of any provision in this Agreement, FUNDER may exercise its rights under this Assignment of Lease without prior
Notice to Merchant. Protection 8. FUNDER may debit Merchant’s depository accounts wherever situated by means of ACH debit or facsimile
signature on a computer-generated check drawn on Merchant’s bank account or otherwise for all sums due to FUNDER. Protection
8. FUNDER may debit Merchant’s depository accounts wherever situated in such amounts as determined by FUNDER in its sole
discretion for purposes of collecting funds for application to the unrealized Purchased Amount and other amounts owed by Merchant to
FUNDER by means of ACH debit or facsimile signature on a computer-generated check drawn on Merchant’s bank account or otherwise
for all sums due to FUNDER.

 

1.13
 Protection of Information. Merchant and each person signing this Agreement on behalf of Merchant and/or as Owner
or Guarantor(s), in respect of himself or herself personally, authorizes FUNDER to disclose information concerning Merchant’s and
each Owner’s and each Guarantor(s)’s credit standing (including credit bureau reports that FUNDER obtains) and business conduct
only to agents, affiliates, subsidiaries, and credit reporting bureaus. Merchant and each Owner and each Guarantor(s) hereby and each
waives to the maximum extent permitted by law any claim for damages against FUNDER or any of its affiliates relating to any (i)investigation
undertaken by or on behalf of FUNDER as permitted by this Agreement or (ii) disclosure of information as permitted by this Agreement.

 

1.14 Confidentiality.
Merchant understands and agrees that the terms and conditions of the products and services offered by FUNDER, including this Agreement
and any other FUNDER documents (collectively, “Confidential Information”) are proprietary and confidential information of
FUNDER. Accordingly, unless disclosure is required by law or court order, Merchant shall not disclose Confidential Information of FUNDER
to any person other than an attorney, accountant, financial advisor or employee of Merchant who needs to know such information for the
purpose of advising Merchant (“Advisor”), provided such Advisor uses such information solely for the purpose of advising
Merchant and first agrees in writing to be bound by the terms of this section. A breach hereof entitles FUNDER to not only damages and
reasonable attorney’s fees but also to both a Temporary Restraining Order and a Preliminary Injunction without Bond or Security.

 

1.15
 Publicity. Merchant and each of Merchant’s Owners and all Guarantor(s)s hereto all hereby authorizes FUNDER
to use its, his or her name in listings of clients and in advertising and marketing materials.

 

1.16
 D/B/A’s. Merchant hereby acknowledges and agrees that FUNDER may be using “doing business as”
or “d/b/a” names in connection with various matters relating to the transaction between FUNDER and Merchant, including the
filing of UCC-1 financing statements and other notices or filings.

 

REPRESENTATIONS,
WARRANTIES AND COVENANTS

 

Merchant
represents warrants and covenants that, as of this date and during the term of this Agreement:

 

2.1 Financial
Condition and Financial Information. Merchant’s and Guarantor(s)s’ bank and financial statements, copies of which
have been furnished to FUNDER, and future statements which will be furnished hereafter at the discretion of FUNDER, fairly represent
the financial condition of Merchant at such dates, and since those dates there has been no material adverse changes, financial or otherwise,
in such condition, operation or ownership of Merchant. Merchant and Guarantor(s)s have a continuing, affirmative obligation to advise
FUNDER of any material adverse change in their financial condition, operation or ownership. FUNDER may request statements at any time
during the performance of this Agreement and the Merchant and Guarantor(s)s shall provide them to FUNDER within five business days after
request from FUNDER. Merchant’s or Guarantor(s)s’ failure to do so is a material breach of this Agreement.

 

	 	Initial:	

 

    	4

     

    

 

2.2
 Governmental Approvals. Merchant is in compliance and shall comply with all laws and has valid permits, authorizations
and licenses to own, operate and lease its properties and to conduct the business in which it is presently engaged and/or will engage
in hereafter.

 

2.3
 Authorization. Merchant, and the person(s) signing this Agreement on behalf of Merchant, have full power and
authority to incur and perform the obligations under this Agreement, all of which have been duly authorized.

 

2.4
 Use of Funds. Merchant agrees that it shall use the Purchase Price for business purposes and not for personal,
family, or household purposes.

 

2.5
 Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial
institution or bank account(s)or take any other action that could have any adverse effect upon Merchant’s obligations under this
Agreement, without FUNDER’s prior written consent. Any such changes shall be a material breach of this Agreement.

 

2.6
 Change of Name or Location. Merchant will not conduct Merchant’s businesses under any name other than as
disclosed to the Processor and FUNDER, nor shall Merchant change any of its places of business without prior written consent by FUNDER.

 

2.7
 Daily Batch Out. Merchant will batch out receipts with the Processor on a daily basis ifapplicable.

 

2.8
 Estoppel Certificate. Merchant will at every and all times, and from time to time, upon at least one (1) day’s
prior notice from FUNDER to Merchant, execute, acknowledge and deliver to FUNDER and/or to any other person, firm or corporation specified
by FUNDER, a statement certifying that this Agreement is unmodified and in full force and effect (or, if there have been modifications,
that the same is in full force and effect as modified and stating the modifications) and stating the dates which the Purchased Amount
or any portion thereof has been repaid.

 

2.9
 No Bankruptcy. As of the date of this Agreement, Merchant is not insolvent and does not contemplate filing for
bankruptcy in the next six months and has not consulted with a bankruptcy attorney or filed any petition for bankruptcy protection pursuant
to the United States Bankruptcy Code and there has been no involuntary petition brought or pending against Merchant. Merchant further
warrants that it does not anticipate filing any such bankruptcy petition and it does not anticipate that an involuntary petition will
be filed against it.

 

2.10
 Unencumbered Receipts. Merchant has good, complete, unencumbered and marketable title to all Receipts and all
collateral in which FUNDER has been granted a security interest under the Security Agreement, free and clear of any and all liabilities,
liens, claims, charges, restrictions, conditions, options, rights, mortgages, security interests, equities, pledges and encumbrances
of any kind or nature whatsoever other than in favor of FUNDER or any other rights or interests that may be inconsistent with the transactions
contemplated with, or adverse to the interests of FUNDER.

 

2.11
 Business Purpose. Merchant is a valid business in good standing under the laws of the jurisdictions in which
it is organized and/or operates, and Merchant is entering into this Agreement for business purposes and not as a consumer for personal,
family or household purposes.

 

2.12
 Defaults under Other Contracts. Merchant’s execution of, and/or performance under this Agreement, will
not cause or create an event of default by Merchant under any contract with another person or entity.

 

2.13
 Good Faith. Merchant and Guarantor(s)s hereby affirm that Merchant is receiving the Purchase Price and selling
FUNDER the Purchased Amount in good faith and will use

the
Purchase Price funds to maintain and grow Merchant’s business

 

	 	Initial:	

 

    	5

     

    

 

EVENTS
OF DEFAULT AND REMEDIES

 

	3.1	Events
    of Default. The occurrence of any of the following events shall constitute an “Event of Default” hereunder:
	 	 
	(a)	Merchant
    or Guarantor(s) shall violate any term or covenant in this Agreement;
	 	 
	(b)	Any
    representation or warranty by Merchant or Guarantor(s) in this Agreement shall prove to have been incorrect, false or misleading
    in any material respect when made;
	 	 
	(c)	the
    sending of notice of termination by Merchant or verbally notifying FUNDER of its intent to breach this Agreement;
	 	 
	(d)	the
                                            Merchant fails to give FUNDER 24 hours advance notice that there will be insufficient funds
                                            in the account such that the ACH of the Remittance amount will not be honored
                                            by Merchant’s bank, the Merchant fails to supply all requested documentation and allow
                                            for daily and/or real time monitoring of its bank account;

	 	 
	(e)	Merchant
    fails to provide its bank statements, and/or month to date bank activity, and/or accounts receivable reports, and/or bank login information
    within two (2) business days of a request by FUNDER,
	 	 
	(f)	Merchant
    shall voluntarily transfer or sell all or substantially all of its assets;
	 	 
	(g)	Merchant
    shall make or send notice of any intended bulk sale or transfer by Merchant;
	 	 
	(h)	Merchant
    shall use multiple depository accounts without the prior written consent of FUNDER or takes any other action that intentionally interferes
    with or prevents FUNDER from receiving the Purchased Amount in accordance with the terms of this Agreement;
	 	 
	(i)	Merchant
    shall enter into any financing agreements with any other party including but not limited to: Loans, Merchant Cash Advances, Receivables
    financing, or any other agreement that will increase the total debt owed by Merchant to any other party.
	 	 
	(j)	Merchant
    shall change its depositing account without the prior written consent of FUNDER; or
	 	 
	(k)	Merchant
    shall close its depositing account used for ACH debits without the prior written consent of FUNDER
	 	 
	(l)	Merchant’s
    bank returns a code other than NSF cutting FUNDER from its collections
	 	 
	(m)	Merchant
                                            or any Owner/Guarantor(s), directly or indirectly, causes to be formed a new entity or otherwise
                                            becomes associated with any new or existing entity, which operates a business similar to
                                            or competitive with that of Merchant;

	 	 
	(n)	Merchant
    shall default under any of the terms, covenants and conditions of any other agreement with FUNDER.

 

3.2
 Limited Personal Guaranty Upon the occurrence of an Event of Default, FUNDER will enforce its rights against
the Guarantor(s)s of this transaction. Said Guarantor(s)s will be jointly and severally liable to FUNDER for all of FUNDER’s losses
and damages, in additional to all costs and expenses and legal fees associated with such enforcement.

 

3.3
 Remedies. Upon the occurrence of an Event of Default occurs and is not waived pursuant to Section 4.4. hereof,
FUNDER may proceed to protect and enforce its rights or remedies by suit in equity or by action at law, or both, whether for the specific
performance of any covenant, agreement or other provision contained herein, or to enforce the discharge of Merchant’s obligations
hereunder (including the Guaranty) or any other legal or equitable right or remedy, including but not limited to filing the Confession
of Judgment and executing thereon, and enforcing the Security Agreement contained herein. All rights, powers and remedies of FUNDER in
connection with this Agreement may be exercised at any time by FUNDER after the occurrence of an Event of Default, are cumulative and
not exclusive, and shall be in addition to any other rights, powers or remedies provided by law or equity.

 

3.4
 Attorney’s Fees. Upon the occurrence of an Event of Default, and Funder retains an attorney or law firm
to enforce this Agreement, Merchant and Guarantor(s) agree that a fee equal to 30% of the Remaining Balance (purchased amount less amount
remitted by Merchant) (“Attorney’s Fees”) shall be immediately assessed Merchant and Guarantor(s) agree that the calculation
for Attorney’s Fees is reasonable.

 

3.5
 Costs. Merchant shall pay to FUNDER all reasonable costs associated with (a) an Event or Default, (b) breach
by Merchant of the Covenants in this Agreement and the enforcement thereof, and(c) the enforcement of FUNDER’s remedies set forth
in this Agreement, including but not limited to court costs and attorneys’ fees.

 

3.6
 Required Notifications. Merchant is required to give FUNDER written notice within 24 hours of any filing under
Title 11 of the United States Code. Merchant is required to give FUNDER seven days’ written notice prior to the closing of any
sale of all or substantially all of the Merchant’s assets or stock.

 

	 	Initial:	

 

    	6

     

    

 

4
MISCELLANEOUS

 

4.1
 Modifications; Agreements. No modification, amendment, waiver or consent of any provision of this Agreement shall
be effective unless the same shall be in writing and signed by FUNDER.

 

4.2
 Assignment. FUNDER may assign, transfer or sell its rights to receive the Purchased Amount or delegate its duties
hereunder, either in whole or in part.

 

4.3
 Notices. All notices, requests, consents, demands and other communications hereunder shall be delivered by certified
mail, return receipt requested, to the respective parties to this Agreement at the addresses set forth in this Agreement. Notices to
FUNDER shall become effective only upon receipt by FUNDER. Notices to Merchant shall become effective three days after mailing.

 

4.4
 Waiver Remedies. No failure on the part of FUNDER to exercise, and no delay in exercising any right under this
Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right under this Agreement preclude any
other or further exercise thereof or the exercise of any other right. The remedies provided hereunder are cumulative and not exclusive
of any remedies provided by law or equity.

 

4.5
 Binding Effect; Governing Law, Venue and Jurisdiction. This Agreement, Security Agreement and Guaranty, Guaranty of Performance,
and any and all addendums attachments, exhibits, and other documents relating to this Agreement in any way, shall be binding upon and
inure to the benefit of Merchant and Guarantor(s) on the one hand, and FUNDER and their respective successors and assigns, except that
Merchant and Guarantor(s) shall not have the right to assign its rights hereunder or any interest herein without the prior written consent
of FUNDER which consent may be withheld in FUNDER’s sole discretion. FUNDER reserves the rights to assign this Agreement with or
without prior written notice to Merchant. This Agreement, Security Agreement and Guaranty, Guaranty of Performance, and any and all addendums,
attachments, exhibits, and other documents relating to this Agreement in any way, shall be governed by and construed in accordance with
the laws of the state of New York, without regards to any applicable principals of conflicts of law. Any suit, action or proceeding arising
hereunder, or the interpretation, performance or breach hereof, shall, if FUNDER so elects, be instituted in any court sitting in New
York, (the “Acceptable Forums”). All Parties to this Agreement, including but not limited to, Merchant, Guarantor(s), Corporate
Guarantor(s) Merchant and Guarantor(s) that the Acceptable Forums are convenient to it, and submit to the jurisdiction of the Acceptable
Forums and waives any and all objections to jurisdiction or venue. Should such proceeding be initiated in any other forum, Merchant and
Guarantor(s) waives any right to oppose any motion or application made by FUNDER to transfer such proceeding to an Acceptable Forum.
Merchant and Guarantor(s) hereby agree that the mailing of any Summons and Complaint in any proceeding commenced by FUNDER by certified
or registered mail, return receipt requested to the Mailing Address listed on this Agreement, or via email to the Email Address listed
on this Agreement, or any other process required by any such court will constitute valid and lawful service of process against them without
the necessity for service by any other means provided by statute or rule of court, but without invalidating service performed in accordance
with such other provisions.

 

4.6
 Survival of Representation, etc. All representations, warranties and covenants herein shall survive the execution
and delivery of this Agreement and shall continue in full force until all obligations under this Agreement shall have been satisfied
in full and this Agreement shall have terminated.

 

	 	Initial:	

 

    	7

     

    

 

4.7
 Interpretation. All Parties hereto have reviewed this Agreement with attorney of their own choosing and have
relied only on their own attorneys’ guidance and advice. No construction determinations shall be made against either Party hereto
as drafter.

 

4.8
 Severability. In case any of the provisions in this Agreement is found to be invalid, illegal or unenforceable
in any respect, the validity, legality and enforceability of any other provision contained herein shall not in any way be affected or
impaired.

 

4.9
 Entire Agreement. Any provision hereof prohibited by law shall be ineffective only to the extent of such prohibition
without invalidating the remaining provisions hereof. This Agreement and the Security Agreement and Guaranty hereto embody the entire
agreement between Merchant Guarantor(s) and Corporate Guarantor(s)s and FUNDER and supersede all prior agreements and understandings
relating to the subject matter hereof.

 

4.10
 JURY TRIAL WAIVER. THE PARTIES HERETO WAIVE TRIAL BY JURY IN ANY COURT IN ANY SUIT, ACTION OR PROCEEDING ON ANY
MATTER ARISING INCONNECTION WITH OR IN ANY WAY RELATED TO THE TRANSACTIONS OR THEENFORCEMENT HEREOF. THE PARTIES HERETO ACKNOWLEDGE THAT
EACH MAKES THIS WAIVER KNOWINGLY, WILLINGLY AND VOLUNTARILY AND WITHOUT DURESS, AND ONLY AFTER EXTENSIVE CONSIDERATION OF THE RAMIFICATIONS
OF THIS WAIVER WITH THEIR ATTORNEYS.

 

4.11
 CLASS ACTION WAIVER. THE PARTIES HERETO WAIVE ANY RIGHT TO ASSERT ANY CLAIMS AGAINST THE OTHER PARTY AS A REPRESENTATIVE
OR MEMBER IN ANY CLASS OR REPRESENTATIVE ACTION, EXCEPT WHERE SUCH WAIVER IS PROHIBITED BY LAW AS AGAINST PUBLIC POLICY. TO THE EXTENT
EITHER PARTY IS PERMITTED BY LAW OR COURT OF LAW TO PROCEED WITH A CLASS OR REPRESENTATIVE ACTION AGAINST THE OTHER, THE PARTIES HEREBY
AGREE THAT: (1) THE PREVAILING PARTY SHALL NOT BE ENTITLED TO RECOVER ATTORNEYS’ FEES OR COSTS ASSOCIATED WITH PURSUING THE CLASS
OR REPRESENTATIVE ACTION (NOT WITHSTANDING ANY OTHER PROVISION IN THIS AGREEMENT); AND ( 2) THE PARTY WHO INITIATES OR PARTICIPATES AS
A MEMBER OF THE CLASS WILL NOT SUBMIT A CLAIM OR OTHERWISE PARTICIPATE IN ANY RECOVERY SECURED THROUGH THE CLASS OR REPRESENTATIVE ACTION.

 

4.12
 Facsimile & Digital Acceptance. Facsimile signatures and digital signatures hereon shall be deemed acceptable
for all purposes.

 

	 	Initial:	

 

    	8

     

    

 

SECURITY
AGREEMENT AND GUARANTY OF PERFORMANCE

 

THE
TERMS, DEFINITIONS, CONDITIONS AND INFORMATION SET FORTH IN THE “MERCHANT AGREEMENT”, INCLUDING THE “TERMS AND CONDITIONS”,
ARE HEREBY INCORPORATED IN AND MADE A PART OF THIS SECURITY AGREEMENT AND GUARANTY OF PEFORMANCE. CAPITALIZED TERMS NOT DEFINED IN THIS
SECURITY AGREEMENT AND GUARANTY, SHALL HAVE THE MEANING SET FORTH IN THE MERCHANT AGREEMENT, INCLUDING THE TERMS AND CONDITIONS.

 

Merchant’s
Legal Name: MCA WESTOVER HILLS OPERATING COMPANY LLC

 

D/B/A:
MCA NEW BRAUNFELS OPERATING COMPANY LLC dba MEMORY CARE OF WESTOVER HILLS Federal ID#: _________________________

 

Physical
Address: 10910 TOWN CENTER DRIVE      City: SAN ANTONIO      State:
TX      Zip: 78251

 

	 	Initial:	

 

    	9

     

    

 

SECURITY
AGREEMENT

 

Security
Interest. This Agreement will constitute a security agreement under the Uniform Commercial Code. To secure Merchant’s obligations
under the Revenue Purchase Agreement to make available or deliver Purchased Amount to FUNDER and FUNDER’s right to realize the
Purchased Amount, as and to the extent required by the terms of the Revenue Purchase Agreement, and performance of and compliance by
Merchant with its other undertakings and agreements herein, Merchant and Guarantor(s)(s) grants to FUNDER a security interest in and
lien upon: (a) all accounts, chattel paper, documents, equipment, general intangibles, instruments, and inventory, as those terms are
each defined in Article 9 of the Uniform Commercial Code (the “UCC”), now or hereafter owned or acquired by Merchant and/or
Guarantor(s)(s), (b) all proceeds, as that term is defined in Article 9 of the UCC (c) all funds at any time in the Merchant’s
and/or Guarantor(s)(s) Account, regardless of the source of such funds, (d) present and future Electronic Check Transactions, and

 

(e)
any amount which may be due to FUNDER under this Agreement, including but not limited to all rights to receive any payments or credits
under this Agreement (collectively, the “Secured Assets”). Merchant agrees to provide other security to FUNDER upon request
to secure Merchant’s obligations under this Agreement. Merchant agrees that, if at any time there are insufficient funds in Merchant’s
Account to cover FUNDER’s entitlements under this Agreement, FUNDER is granted a further security interest in all of Merchant’s
assets of any kind whatsoever, and such assets shall then become Secured Assets. These security interests and liens will secure all of
FUNDER’s entitlements under this Agreement and any other agreements now existing or later entered into between Merchant, FUNDER
or an affiliate of FUNDER is authorized to file any and all notices or filings it deems necessary or appropriate to enforce its entitlements
hereunder.

 

In
the event Merchant, any of its officers or directors or any Owner/Guarantor(s), during the term of the Revenue Purchase Agreement or
while Merchant remains liable to FUNDER for any obligations under the Revenue Purchase Agreement, directly or indirectly, including acting
by, through or in conjunction with any other person, causes to be formed a new entity or otherwise becomes associated with any new or
existing entity, whether corporate, partnership, limited liability company or otherwise, which operates a business similar to or competitive
with that of Merchant, such entity shall be deemed to have expressly assumed the obligations due FUNDER under the Revenue Purchase Agreement.
With respect to any such entity, FUNDER shall be deemed to have been granted an irrevocable power of attorney with authority to file,
naming such newly formed or existing entity as debtor, an initial UCC financing Statement and to have it filed with any and all appropriate
UCC filing offices. FUNDER shall be held harmless by Merchant and each Owner/Guarantor(s) and be relieved of any liability as a result
of any such authentication and filing of any such Financing Statement or the resulting perfection of its ownership rights or security
interests in such entity’s assets. FUNDER shall have the right to notify such entity’s payors or account debtor (as defined
by the UCC) of FUNDER’s rights, including without limitation, FUNDER’s right to collect all accounts, and to notify any payment
card processor or creditor of such entity that FUNDER has such rights in such entity’s assets. Merchant also agrees that, at the
FUNDER’s discretion, FUNDER may choose to amend any existing financing statement to include any such newly formed entity as debtor.

 

This
security interest may be exercised by FUNDER without notice or demand of any kind by making an immediate withdrawal or freezing the Secured
Assets. FUNDER shall have the right to notify account debtors at any time. Pursuant to Article 9 of the Uniform Commercial Code, as amended
from time to time, FUNDER has control over and may direct the disposition of the Secured Assets, without further consent of Merchant.
Merchant hereby represents and warrants that no other person or entity has a security interest in the Secured Assets.

 

With
respect to such security interests and liens, FUNDER will have all rights afforded under the Uniform Commercial Code, any other applicable
law and in equity. Merchant will obtain from FUNDER written consent prior to granting a security interest of any kind in the Secured
Assets to a third party. Merchant and Guarantor(s) (s) agree(s) that this is a contract of recoupment and FUNDER is not required to file
a motion for relief from a bankruptcy action automatic stay to realize on any of the Secured Assets. Nevertheless, Merchant and Guarantor(s)(s)
agree(s) not to contest or object to any motion for relief from the automatic stay filed by FUNDER. Merchant and Guarantor(s)(s) agree(s)
to execute and deliver to FUNDER such instruments and documents FUNDER may reasonably request to perfect and confirm the lien, security
interest and right of setoff set forth in this Agreement. FUNDER is authorized to execute all such instruments and documents in Merchant’s
and Guarantor(s)(s) name.

 

	 	Initial:	

 

    	10

     

    

 

Merchant
and Guarantor(s)(s) each acknowledge and agree that any security interest granted to FUNDER under any other agreement between Merchant
or Guarantor(s)(s) and FUNDER (the “Cross-Collateral”) will secure the obligations hereunder and under the Merchant Agreement.
Merchant and Guarantor(s)(s) each agrees to execute any documents or take any action in connection with this Agreement as FUNDER deems
necessary to perfect or maintain FUNDER’s first priority security interest in the Collateral and the Additional Collateral, including
the execution of any account control agreements. Merchant and Guarantor(s)(s) each hereby authorizes FUNDER to file any financing statements
deemed necessary by FUNDER to perfect or maintain FUNDER’s security interest. Merchant and Guarantor(s)(s) shall be liable for,
and FUNDER may charge and collect, all costs and expenses, including but not limited to attorney’s fees, which may be incurred
by FUNDER in protecting, preserving and enforcing FUNDER’s security interest and rights.

 

Negative
Pledge. Merchant and Guarantor(s)(s) each agrees not to create, incur, assume, or permit to exist, directly or indirectly, any lien
on or with respect to any of the Collateral or the Additional Collateral, as applicable.

 

Consent
to Enter Premises and Assign Lease. FUNDER shall have the right to cure Merchant’s default in the payment of rent on the following
terms. In the event Merchant is served with papers in an action against Merchant for nonpayment of rent or for summary eviction, FUNDER
may execute its rights and remedies under the Assignment of Lease. Merchant also agrees that FUNDER may enter into an agreement with
Merchant’s landlord giving FUNDER the right: (a) to enter Merchant’s premises and to take possession of the fixtures and
equipment therein for the purpose of protecting and preserving same; and/or (b) to assign Merchant’s lease to another qualified
business capable of operating a business comparable to Merchant’s at such premises.

 

Remedies.
Upon any Event of Default, FUNDER may pursue any remedy available at law (including those available under the provisions of the UCC),
or in equity to collect, enforce, or satisfy any obligations then owing to FUNDER, whether by acceleration or otherwise.

 

	 	Initial:	

 

    	11

     

    

 

GUARANTY
                                            OF PERFORMANCE

 

As
an additional inducement for FUNDER to enter into the Revenue Purchase Agreement, the undersigned Guarantor(s)(s) hereby provides FUNDER
with this Guaranty. Guarantor(s)(s) will not be personally liable for any amount due under the Revenue Purchase Agreement unless Merchant
commits an Event of Default pursuant to Paragraph 3.1 of the Revenue Purchase Agreement. Each Guarantor(s) shall be jointly and severally
liable for all amounts owed to FUNDER in the Event of Default. Guarantor(s)(s) guarantee Merchant’s good faith, truthfulness and
performance of all of the representations, warranties, covenants made by Merchant in this Agreement including the Merchant’s full
and timely delivery of the Purchased Amount pursuant to (and limited by) the Revenue Purchase Agreement, in each case as each may be
renewed, amended, extended or otherwise modified (the “Guaranteed Obligations”). Guarantor(s)’s obligations are due
at the time of any breach by Merchant of any representation, warranty, or covenant made by Merchant in the Agreement.

 

Guarantor(s)
Waivers. In the event of a breach of the above, FUNDER may seek recovery from Guarantor(s)s for all of FUNDER’s losses and
damages by enforcement of FUNDER’s rights under this Agreement without first seeking to obtain payment from Merchant, any other
Guarantor(s), or any Collateral or Additional Collateral FUNDER may hold pursuant to this Agreement or any other guaranty. In addition,
Section 4.5, 4.10 and 4.11 are expressly reiterated in the Security Agreement and Guaranty herein. FUNDER is not required to notify Guarantor(s)
of any of the following events and Guarantor(s) will not be released from its obligations under this Agreement if it is not notified
of: (i) Merchant’s failure to pay timely any amount required under the Merchant Agreement; (ii) any adverse change in Merchant’s
financial condition or business; (iii) any sale or other disposition of any collateral securing the Guaranteed Obligations or any other
guaranty of the Guaranteed Obligations; (iv) FUNDER’s acceptance of this Agreement; and (v) any renewal, extension or other modification
of the Merchant Agreement or Merchant’s other obligations to FUNDER. In addition, FUNDER may take any of the following actions
without releasing Guarantor(s) from any of its obligations under this Agreement: (i) renew, extend or otherwise modify the Merchant Agreement
or Merchant’s other obligations to FUNDER; (ii) release Merchant from its obligations to FUNDER; (iii) sell, release, impair, waive
or otherwise fail to realize upon any collateral securing the Guaranteed Obligations or any other guaranty of the Guaranteed Obligations;
and (iv) foreclose on any collateral securing the Guaranteed Obligations or any other guaranty of the Guaranteed Obligations in a manner
that impairs or precludes the right of Guarantor(s) to obtain reimbursement for payment under this Agreement. Until the Purchased Amount
and Merchant’s other obligations to FUNDER under the Merchant Agreement and this Agreement are paid in full, Guarantor(s) shall
not seek reimbursement from Merchant or any other Guarantor(s) for any amounts paid by it under this Agreement. Guarantor(s) permanently
waives and shall not seek to exercise any of the following rights that it may have against Merchant, any other Guarantor(s), or any collateral
provided by Merchant or any other Guarantor(s), for any amounts paid by it, or acts performed by it, under this Agreement: (i) subrogation;
(ii) reimbursement; (iii) performance; (iv) indemnification; or (v) contribution. In the event that FUNDER must return any amount paid
by Merchant or any other Guarantor(s) of the Guaranteed Obligations because that person has become subject to a proceeding under the
United States Bankruptcy Code or any similar law, Guarantor(s)’s obligations under this Agreement shall include that amount.

 

Guarantor(s)
Acknowledgement. Guarantor(s) acknowledges that: (i) He/She is bound by the Class Action Waiver provision in the Merchant Agreement Terms
and Conditions; (ii) He/She understands the seriousness of the provisions of this Agreement; (ii) He/She has had a full opportunity to
consult with counsel of his/her choice; and (iv) He/She has consulted with counsel of its choice or has decided not to avail himself/herself
of that opportunity.

 

This
Security Agreement and Guaranty and Guaranty of Performance shall be governed by and construed in accordance with the laws of the state
of New York, without regards to any applicable principals of conflicts of law. Any suit, action or proceeding arising hereunder, or the
interpretation, performance or breach hereof, shall, if Funder so elects, be instituted in any court sitting in New York, (the “Acceptable
Forums”). Merchant, Guarantor and Corporate Guarantors agree that the Acceptable Forums are convenient to it, and submits to the
jurisdiction of the Acceptable Forums and waives any and all objections to jurisdiction or venue. Merchant, Guarantor and Corporate Guarantors
agree that the Acceptable Forums are convenient to it, and submit to the jurisdiction of the Acceptable Forums and waives any and all
objections to jurisdiction or venue. Should such proceeding be initiated in any other forum, Merchant, Guarantor and Corporate Guarantors
waives any right to oppose any motion or application made by Funder to transfer such proceeding to an Acceptable Forum.

 

The
Merchant Guarantor(s) and Corporate Guarantor(s) acknowledge that they have read Paragraph 4.5 of this Agreement in its entirety and
understand that they are waiving their right to Service of Process by traditional manners and will accept process of any Summons and
Complaint or other legal process by certified mail return receipt requested to the Mailing Address on Page 1 of this Agreement.

 

	FOR
    ALL MERCHANT(S) (#1)	By:	James
    Walesa CEO	 	
	 	 	(Print
    Name and Title) 	 	(Signature)

 

	SSN#	 	 

 

	FOR
    ALL MERCHANT(S) (#2)	By:	 	 	 
	 	 	(Print
    Name and Title) 	 	(Signature)

 

	SSN#	 	 

 

	GUARANTOR(S)
    (#1)	By:	James
    Walesa CEO	 	
	 	 	(Print
    Name and Title)	 	(Signature)

 

	SSN#	 	 

 

	GUARANTOR(S)
    (#2)	By:	 	 	 
	 	 	(Print
    Name and Title)	 	(Signature)

 

	SSN#	 	 

 

	 	Initial:	

 

    	12

     

    

 

APPENDIX
A - THE FEE STRUCTURE:

 

 

	 	A.	Underwriting Fee $2,500.00
    to cover underwriting and related expenses.

 

 

	 	B.	Origination Fee $2,500.00
    to cover cost of Origination and ACH Setup

 

	 	C.	NSF
    Fee (Standard) $35.00 (each)

 

	 	D.	Rejected
    ACH / Blocked ACH / Default Fee $2,500.00 When Merchant BLOCKS Account from our Debit ACH, or when Merchant directs the bank
    to reject our Debit ACH, which places them in default (per contract). When Merchant changes bank Account cutting us off from our
    collections.

 

	 	E.	Bank
    Change Fee $50.00. When Merchant requires a change of Bank Account to be Debited, requiring us to adjust our system.

 

	 	F.	Wire
    Fee - Each Merchant shall receive their funding electronically to their designated bank account and will be charged $50.00 for a
    Fed Wire or $25.00 for a bank ACH.

 

	FOR
    THE MERCHANT (#1)	By:	James
    Walesa	 	 
	 	 	(Print
    Name and Title)	 	(Signature)

 

 

	FOR
    THE MERCHANT (#2)	By:		 	 
	 	 	(Print
    Name and Title)	 	(Signature)

 

	 	Initial:	

 

    	13EX-10.1

 Exhibit 10.1 

SABRE CORPORATION 
 2022
DIRECTOR EQUITY COMPENSATION PLAN 
  

	1.	 Purpose of the Plan. 

This Sabre Corporation 2022 Director Equity Compensation Plan is intended to promote the interests of the Company and its stockholders by
providing certain compensation to eligible directors of the Company and to encourage the highest level of director performance by providing such directors with a proprietary interest in the Company’s success and progress by granting them awards
hereunder. 
  

	2.	 Definitions. 

As used in the Plan or in any instrument governing the terms of any Award, the following definitions apply to the terms indicated below: 

(a) “Affiliate” means the Company and any of its direct or indirect subsidiaries. 

(b) “Affiliated Entity” means any entity related to the Company as a member of a controlled group of corporations in
accordance with Section 414(b) of the Code or as a trade or business under common control in accordance with Section 414(c) of the Code, for so long as such entity is so related, including without limitation any Affiliate. 

(c) “Awards” mean all awards granted pursuant to the terms of the Plan including, but not limited to, Cash Awards, Non-Qualified Stock Options, Stock Appreciation Rights, restricted stock awards and restricted stock unit awards. 

(d) “Award Agreement” means the written agreement, in a form determined by the Committee from time to time, between the
Company and a Participant that evidences the grant of an Award and sets out the terms and conditions of an Award. 
 (e)
“Board” means the Board of Directors of Sabre Corporation. 
 (f) “Cash Award” means an award granted
pursuant to Section 8 of the Plan. 
 (g) “Change in Control” means the occurrence of any of the following events:
(i) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company on a consolidated basis to any Person or group of related persons for purposes of
Section 13(d) of the Exchange Act (a “Group”), together with any Affiliates thereof; (ii) the approval by the holders of the outstanding voting power of the Company of any plan or proposal for the liquidation or dissolution of
the Company; (iii) any Person or Group(other than any employee benefit plan sponsored by Sabre Corporation) shall become the beneficial owner (within the meaning of Section 13(d) of the Exchange Act), directly or indirectly, of Common
Stock representing more than 40% of the aggregate outstanding voting power of the Company and such Person or Group actually has the power to vote such Common Stock in any such election; (iv) the replacement of a majority of the Board over a two-year period from the directors who constituted the Board at the beginning of such period, and such replacement shall 

 
not have been approved by a vote of at least a majority of the Board then still in office who either were members of such Board at the beginning of such period or (v) consummation of a
merger or consolidation of the Company with another entity in which the holders of the Common Stock of the Company immediately prior to the consummation of the transaction hold, directly or indirectly, immediately following the consummation of the
transaction, less than 50% of the common equity interests in the surviving corporation in such transaction. Notwithstanding the foregoing, with respect to any Award that is characterized as “non-qualified
deferred compensation” within the meaning of Section 409A of the Code, an event shall not be considered to be a Change in Control under the Plan for purposes of any payment in respect of such Award unless such event is also a “change
in ownership,” “change in effective control” or “change in the ownership of a substantial portion of the assets” of the Company within the meaning of Section 409A of the Code. 

(h) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and all regulations, interpretations, and
administrative guidance issued thereunder. 
 (i) “Committee” means the Compensation Committee of the Board or such other
committee as the Board shall appoint from time to time to administer the Plan and to otherwise exercise and perform the authority and functions assigned to the Committee under the terms of the Plan. 

(j) “Common Stock” means Sabre Corporation Common Stock, $0.01 par value per share, or any other security into which the
common stock shall be changed pursuant to the adjustment provisions of Section 10 of the Plan. 
 (k) “Company” means
Sabre Corporation and all of its Subsidiaries, collectively. 
 (l) “Director Deferred Compensation Plan” means any plan,
agreement or arrangement maintained by the Company from time to time that is established or maintained under this Plan and that provides opportunities for deferral of compensation. 

(m) “Effective Date” means the date the Plan is approved by the Company’s stockholders. 

(n) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(o) “Fair Market Value” means, with respect to a share of Common Stock, as of the applicable date of determination
(i) closing price of a share of Common Stock on the date of grant as reported on the principal securities exchange on which shares of Common Stock are then listed or admitted to trading or (ii) if not so reported, the average of the
closing bid and ask prices on the date of grant as reported on the NASDAQ Stock Market. In the event that the price of a share of Common Stock shall not be so reported, the Fair Market Value of a share of Common Stock shall be determined by the
Committee in its sole discretion taking into account the requirements of Section 409A of the Code. 
 (p) “Grant Date”
means the date designated by the Committee and specified in the Award Agreement as the date the Award is granted. 
 (q) “Non-Qualified Stock Option” means an Option that is not an “incentive stock option” within the meaning of Section 422 of the Code. 

  
 2 

 (r) “Option” means a stock option to purchase shares of Common Stock
granted to a Participant pursuant to Section 6 of the Plan. 
 (s) “Other Stock-Based Award” means an award granted to
a Participant pursuant to Section 7 of the Plan. 
 (t) “Participant” means a member of the Board who is not an
employee of the Company or any of its Subsidiaries who is eligible to participate in the Plan and to whom one or more Awards have been granted and, following the death of any such Person, his successors, heirs, executors, and administrators, as the
case may be. 
 (u) “Person” means a “person” as such term is used in Sections 13(d) and 14(d) of the Exchange
Act, including any “group” within the meaning of Section 13(d)(3) of the Exchange Act. 
 (v) “Plan” means
this Sabre Corporation 2022 Director Equity Compensation Plan, as it may be amended from time to time. 
 (w) “Prior Plans”
means the Sabre Corporation 2019 Director Equity Compensation Plan, as it may be amended from time to time. 
 (x) “Sabre
Corporation” means Sabre Corporation, a Delaware corporation, and any successor thereto. 
 (y) “Securities Act”
means the Securities Act of 1933, as amended. 
 (z) “Subsidiary” means any “subsidiary” within the meaning of
Rule 405 under the Securities Act. 
  

	3.	 Stock Subject to the Plan, Share Counting Rules, and Individual Award Limits. 

(a) Subject to adjustment as provided in Section 10 and the provisions of this Section 3, the number of shares of Common Stock that
may be covered by Awards granted under the Plan shall be the sum of 830,000 shares of Common Stock and (ii) the number of shares remaining available for issuance under the Prior Plan that are not the subject of outstanding Awards as of the
Effective Date and (iii) any shares subject to outstanding Awards under the Prior Plan as of the Effective Date that become available for issuance in accordance with the share counting provisions of such Prior Plan. Shares of Common Stock
issued under the Plan may be either authorized and unissued shares or treasury shares, or both, in the sole discretion of the Committee. 

(b) For purposes of the preceding paragraph, shares of Common Stock covered by Awards shall only be counted as used or issued to the extent
they are actually issued and delivered to a Participant (or such Participant’s permitted transferees as described in the Plan) pursuant to the Plan provided, however, that if the exercise price or tax withholding requirements related to any
Award granted under the Plan is satisfied through the withholding by the Company of shares of Common Stock that are otherwise then deliverable in respect of such Award or through actual or constructive transfer to the Company of shares of Common
Stock already owned, the number of shares of Common Stock withheld or transferred, will be deemed delivered for purposes of determining the number of shares of Common Stock available for 

  
 3 

 
issuance or transfer under the Plan. Furthermore, any shares of Common Stock received by a Participant in connection with an exercise of Options that are subsequently repurchased by the Company
will be deemed delivered for purposes of determining the number of shares of Common Stock available for issuance or transfer under the Plan. However, if all or any portion of an Award issued pursuant to the Plan expires, or is forfeited, terminated
or cancelled, without the issuance of shares of Common Stock, or is exchanged with the Committee’s permission, prior to the issuance of shares of Common Stock, for an Award not involving shares of Common Stock, the number of shares of Common
Stock subject to Awards that have been so forfeited, terminated, cancelled, or have expired, as the case may be, will again be available for issuance or transfer under the Plan. In addition, because shares of Common Stock will count against the
number reserved in Section 3(a) upon delivery, and subject to the share counting rules under this Section 3(b), the Committee may determine that Awards may be outstanding that relate to a greater number of shares of Common Stock than the
aggregate remaining available under the Plan, so long as Awards will not result in delivery and vesting of shares of Common Stock in excess of the number then available under the Plan. 

(c) Shares of Common Stock covered by Awards granted pursuant to the Plan in connection with the assumption, replacement, conversion, or
adjustment of outstanding equity-based awards in the context of a corporate acquisition or merger (within the meaning of NASDAQ Listing Rule 5635) as provided in Section 10 of the Plan shall not count as used under the Plan for purposes of
Section 3. 
 (d) Notwithstanding anything in the Plan to the contrary, and subject to adjustment as provided in Section 10: 

(i) except as provided in Section 2(d)(ii) below, the aggregate value of Options and Other Stock-Based Awards granted to any Participant
in a single fiscal year of the Company, solely with respect to his or her service as a non-employee director on the Board, may not exceed $500,000, determined based on the aggregate Fair Market Value of such
Awards as of the Grant Date; 
 (ii) the aggregate values of Options and Other-Stock-Based Awards granted to any Participant in connection
with his or her initial appointment as a non-employee director on the Board may not exceed $600,000, determined based on the aggregate Fair Market Value of such Options and Other Stock-Based Awards as of the
Grant Date, which, for the avoidance of doubt, may be in addition to any Awards granted to such Participant under Sections 2(d)(i) and 2(d)(iii) of the Plan; and 

(iii) the amount payable with respect to any Cash Award granted under the Plan to any Participant in a single fiscal year of the Company,
solely with respect to his or her service as a non-employee director on the Board, may not exceed $500,000. 
  

	4.	 Administration of the Plan. 

(a) The Committee  
 The
Plan shall be administered by the Board or a Committee of the Board consisting of two or more persons, each of whom may, from time to time, qualify as a “non-employee director” (within the meaning of
Rule 16b-3 promulgated under Section 16 of the Exchange Act) and as “independent” within the meaning of any applicable stock exchange or similar regulatory authority on which the Common Stock is
then listed, in each case if and to the extent required by applicable law. 

  
 4 

 (b) Grant of Awards  

(i) The Committee shall, consistent with the terms of the Plan, from time to time designate those individuals who shall be granted Awards
under the Plan and the amount, type, and other terms and conditions of such Awards, which need not be identical for each Participant. The Committee shall have full discretionary authority to administer the Plan, including discretionary authority to
interpret and construe any and all provisions of the Plan and the terms of any Award (and any Award Agreement) granted thereunder and to adopt, amend and rescind from time to time such rules and regulations for the administration of the Plan as the
Committee may deem necessary or appropriate. Decisions of the Committee shall be final, binding, and conclusive on all parties. 
 (ii)
Awards granted under the Plan may, in the Committee’s discretion, be granted either alone or in addition to, in tandem with, or in substitution or exchange for, any other Award, any award granted under another plan of the Company or any
business entity to be acquired by the Company, or any other right of a Participant to receive payment from the Company. Awards granted in addition to or in tandem with other Awards or awards may be granted either as of the same time as, or a
different time from, the grant of such other Awards or awards. 
 (iii) On or after the Grant Date of an Award under the Plan, the Committee
may (i) accelerate the date on which any such Award becomes vested, exercisable or transferable, as the case may be, (ii) extend the term of any such Award, including, without limitation, extending the period following a termination of a
Participant’s provision of services during which any such Award may remain outstanding, (iii) waive any conditions to the vesting, exercisability, or transferability, as the case may be, of any such Award, (iv) grant other Awards in
addition to, in tandem with, or in substitution or exchange for, any Award, any award granted under another plan of the Company or any business entity to be acquired by the Company, or (v) provide for the payment of dividends or dividend
equivalents with respect to any such Award , provided that in the case of this (v), no dividend equivalents shall be paid on any Award until such time as the underlying Award has vested, and any dividends payable in respect of Awards of restricted
stock shall not vest unless and until the restricted stock awards to which such dividends relate have also vested; provided further, in each of (i) through (v) that the Committee shall not have any such authority and shall not take any such
action to the extent that the grant of such authority or the taking of such action would cause any tax to become due under Section 409A of the Code. Notwithstanding anything herein to the contrary, without the approval of the stockholders of
the Company, the Company shall not reprice any stock option (within the meaning of NASDAQ Listing Rule 5635(c) and any other formal or informal guidance issued by the NASDAQ), which for this purpose also means any of the following or any other
action that has the same effect: (i) lowering the exercise price of an Option or stock appreciation right after it is granted, (ii) any other action that is treated as a repricing under United States generally accepted accounting
principles, or (iii) canceling an Option or stock appreciation right at a time when its exercise price exceeds the Fair Market Value of the underlying shares of Common Stock, in exchange for another Option or stock appreciation right, shares of
restricted Common Stock, other Awards, cash or other property; provided, however, that the foregoing transactions shall not be deemed a repricing if pursuant to an adjustment or other action authorized under Section 10. 

  
 5 

 (iv) The Committee may grant dividend equivalents to any Participant based on the dividends
declared on shares of Common Stock that are subject to any Award during the period between the Grant Date and the date the Award is exercised, vests, pays out, or expires. Such dividend equivalents may be awarded or paid in the form of cash, shares
of Common Stock, restricted stock, or restricted stock units, or a combination, and shall be determined by such formula and at such time and subject to such accrual, forfeiture, or payout restrictions or limitations as determined by the Committee in
its sole discretion. 
 (v) In addition, the Committee may permit a Participant to defer such Participant’s receipt of the payment of
cash or the delivery of shares of Common Stock that would otherwise be due to such Participant in connection with any Award. If any such deferral is required or permitted, the Committee shall, in its sole discretion, establish rules and procedures,
in accordance with Section 409A of the Code (to the extent applicable), for such payment or Common Stock delivery deferrals and any notional earnings to be credited on such deferred amounts. 

(c) Delegation of Authority  

(i) All of the powers and responsibilities of the Committee under the Plan may be delegated by the Committee in its discretion and in
accordance with applicable law, in writing, to any subcommittee thereof, or to any other individual as it deems to be advisable, under any conditions and subject to any limitations that the Committee may establish. 

(ii) In addition, the Committee may delegate the administration of the Plan to one or more officers or employees of the Company, and such
administrator(s) may have the authority to execute and distribute Award Agreements or other documents evidencing or relating to Awards granted by the Committee under this Plan, to maintain records relating to Awards, to process or oversee the
issuance of Common Stock under Awards, to interpret and administer the terms of Awards, and to take such other actions as may be necessary or appropriate for the administration of the Plan and of Awards under the Plan, provided that in no case shall
any such administrator be authorized (i) to grant Awards under the Plan, (ii) to take any action inconsistent with Section 409A of the Code or (iii) to take any action inconsistent with Section 157 of the Delaware General
Corporation Law and other applicable provisions of the Delaware General Corporation Law. Any action by any such administrator within the scope of its delegation shall be deemed for all purposes to have been taken by the Committee and, except as
otherwise specifically provided, references in this Plan to the Committee shall include any such administrator. The Committee and, to the extent it so provides, any subcommittee, shall have sole authority to determine whether to review any actions
and/or interpretations of any such administrator, and if the Committee shall decide to conduct such a review, any such actions and/or interpretations of any such administrator shall be subject to approval, disapproval, or modification by the
Committee. 
 (d) Payments by the Company and Registration of Common Stock  

(i) The Company shall pay any amount payable with respect to an Award in accordance with the terms of such Award, provided that the Committee
may, in its discretion, defer the payment of amounts payable with respect to an Award subject to and in accordance with the terms of any Director Deferred Compensation Plan, to the extent such Director Deferred Compensation Plan permits deferral of
Awards granted hereunder. Payments to be made by the Company upon the exercise or settlement of an Award may be made in such forms as the Committee shall determine, including, without limitation, cash, Common Stock, other Awards or other property,
and may be made in a single payment or transfer, in installments, or on a deferred basis. The settlement of any Award may be accelerated, and cash paid in lieu of Common Stock in connection with such settlement, in the Committee’s discretion or
upon occurrence of one or more specified events; provided that, with respect to any Award subject to Section 409A of the Code, such acceleration or payment shall comply with Section 409A of the Code. 

  
 6 

 (ii) Sabre Corporation shall be under no obligation to effect the registration pursuant to
the Securities Act of any shares of Common Stock to be issued hereunder or to effect similar compliance under any state laws. Notwithstanding anything herein to the contrary, Sabre Corporation shall not be obligated to cause to be issued or
delivered any certificates evidencing shares of Common Stock pursuant to the Plan unless and until Sabre Corporation is advised by its counsel that the issuance and delivery of such certificates is in compliance with all applicable laws, regulations
of governmental authority and the requirements of any securities exchange on which shares of Common Stock are traded. 
 (iii) Furthermore,
the Company may, to the extent deemed necessary or advisable by the Committee, postpone the issuance or delivery of Common Stock or payment of other benefits under any Award until completion of such registration or qualification of such Common Stock
or other required action under any federal or state law, rule or regulation, listing or other required action with respect to any stock exchange or automated quotation system upon which the Common Stock or other securities of the Company are listed
or quoted, or compliance with any other obligation of the Company, as the Committee may consider appropriate, and may require any Participant to make such representations, furnish such information and comply with or be subject to such other
conditions (including that the certificates evidencing shares of Common Stock bear such legends) as it may consider appropriate in connection with the issuance or delivery of Common Stock or payment of other benefits in compliance with applicable
laws, rules, and regulations, listing requirements, or other obligations; provided that the Committee shall take no action to the extent that the taking of such action would cause any tax to become due under Section 409A of the Code. The
foregoing notwithstanding, in connection with a Change in Control, the Company shall take or cause to be taken no action, and shall undertake or permit to arise no legal or contractual obligation, that results or would result in any postponement of
the issuance or delivery of Common Stock or payment of benefits under any Award or the imposition of any other conditions on such issuance, delivery, or payment, to the extent that such postponement or other condition would represent a greater
burden on a Participant than existed on the 90th day preceding the Change in Control. 

(e) Limitation on Liability 

(i) The Committee may employ attorneys, consultants, accountants, agents, and other persons, and the Committee, the Company, and its officers,
directors, and employees shall be entitled, in good faith, to rely or act upon any advice, opinions, or valuations of any such persons. In addition, the Committee and each member thereof, and any person acting pursuant to authority delegated by the
Committee, shall be entitled, in good faith, to rely or act upon any report or other information furnished by any officer, director, or employee of the Company, the Company’s independent auditors, consultants, or any other agents assisting in
the administration of the Plan. 
 (ii) No member of the Committee, nor any person acting pursuant to authority delegated by the Committee,
nor any officer, director, or employee of the Company acting at the direction or on behalf of the Committee, shall be liable for any action, omission, or determination relating to the Plan, and Sabre Corporation shall, to the fullest extent
permitted by law, indemnify and hold harmless each member of the Committee, each person acting pursuant to authority delegated by the Committee, and each other officer, director, or employee of the Company to whom any duty or power relating to the
administration or interpretation of the Plan has been delegated, against any cost or expense (including counsel fees) or 

  
 7 

 
liability (including any sum paid in settlement of a claim with the approval of the Committee) arising out of any action, omission or determination relating to the Plan, unless, in either case,
such action, omission, or determination was taken or made by such member, director, employee, or other person acting pursuant to authority delegated by the Committee in bad faith and without reasonable belief that it was in the best interests of the
Company. 
  

	5.	 Eligibility. 

The Persons who shall be eligible to receive Awards pursuant to the Plan shall be those members of the Board who are not also employees of the
Company or any of its Subsidiaries at the time such Award is granted and whom the Committee shall select from time to time. Each Award granted under the Plan shall be evidenced by an instrument in writing in form and substance approved by the
Committee. 
  

	6.	 Options. 

The Committee may from time to time grant Options, subject to the following terms and conditions: 

(a) Exercise Price 

The exercise price per share of Common Stock covered by any Option shall be not less than 100% of the Fair Market Value of a share of Common
Stock on the Grant Date. The Award Agreement of each Option shall fix the exercise price and clearly identify such Option as a Non-Qualified Stock Option. 

(b) Term and Exercise of Options 

(i) Each Option shall become vested and exercisable on such date or dates, during such period, and for such number of shares of Common Stock
as shall be determined by the Committee on or after the date such Option is granted; provided, however, that no Option shall be exercisable after the expiration of ten years from the date such Option is granted; and, provided, further, that each
Option shall be subject to earlier termination, expiration, or cancellation as provided in the Plan or in the relevant Award Agreement. 

(ii) Each Option may be exercised in whole or in part. The partial exercise of an Option shall not cause the expiration, termination, or
cancellation of the remaining portion thereof. 
 (iii) An Option shall be exercised by such methods and procedures as the Committee
determines from time to time, including, without limitation, through net physical settlement; 
 (iv) Options may not be sold, pledged,
assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of a Participant, only by the Participant; provided, however, that the Committee
may permit Non-Qualified Stock Options to be sold, pledged, assigned, hypothecated, transferred, or disposed of, on a general or specific basis, subject to such conditions and limitations as the Committee may
determine. In addition, the Committee may impose such restrictions on any shares acquired pursuant to the exercise of an Option as it may deem advisable, including, without limitation, minimum holding period requirements, restrictions under
applicable federal securities laws, under the requirements of any stock exchange or market upon which such shares are then listed and/or traded, or under any blue sky or state securities laws applicable to such shares. 

  
 8 

 (v) Options granted under the Plan are intended to be exempt from Section 409A of the
Code. 
  

	7.	 Other Stock-Based Awards. 

The Committee may from time to time grant equity, equity-based or equity-related Awards not otherwise described herein in such amounts and
subject to such terms and conditions as the Committee shall determine. Without limiting the generality of the preceding sentence, each such Other Stock-Based Award may (i) involve the transfer of actual shares of Common Stock to Participants,
either at the time of grant or thereafter, or payment in cash or otherwise of amounts based on the value of shares of Common Stock, (ii) be subject to performance-based and/or service-based conditions, (iii) be in the form of stock
appreciation rights, phantom stock, restricted stock, restricted stock units, performance shares, deferred share units, or share-denominated performance units, and (iv) be designed to comply with applicable laws of jurisdictions other than the
United States; provided, that each Other Stock-Based Award shall be denominated in, or shall have a value determined by reference to, a number of shares of Common Stock that is specified at the time of the grant of such award. Notwithstanding the
foregoing, to the extent any such Other Stock-Based Award is subject to Section 409A of the Code, the Award Agreement of such Other Stock-Based Award shall contain terms and conditions (including, without limitation and to the extent
applicable, deferral and payment provisions) that comply with Section 409A of the Code. 
  

	8.	 Cash Awards. 

The Committee may grant to any Participant Cash Awards that are subject to the terms and conditions of the Plan. Cash Awards granted under the
Plan may be settled in cash or in other property, including shares of Common Stock, provided that the term “Cash Award” shall exclude any Option or Other Stock-Based Award. For the avoidance of doubt, nothing herein is intended to limit or
shall limit the Company’s ability to pay cash-based compensation, such as a cash retainer, that is not subject to the Plan. 
  

	9.	 Effect of Termination of Services. 

Each Award Agreement shall set forth the effect of the Participant’s termination of services as a director on any outstanding Awards. Such
provisions shall be determined in the sole discretion of the Committee, need not be uniform among all Awards issued, and may reflect distinctions based on the reasons for the termination. 

 

	10.	 Adjustment Upon Certain Changes. 

(a) Shares Available for Grants 

In the event of any change in the number of shares of Common Stock outstanding by reason of any stock dividend or split, recapitalization,
merger, consolidation, combination or exchange of shares, or similar corporate change, the maximum aggregate number of shares of Common Stock with respect to which the Committee may grant Awards in any year, and the maximum aggregate number of
shares of Common Stock with respect to which the Committee may grant Awards to any individual Participant in any 

  
 9 

 
year, shall be appropriately adjusted by the Committee. In the event of any change in the number of shares of Common Stock outstanding by reason of any other similar event or transaction, the
Committee shall, to the extent deemed appropriate by the Committee, make such adjustments in the number and class of shares of Common Stock with respect to which Awards may be granted. 

(b) Increase or Decrease in Issued Shares Without Consideration 

In the event of any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or consolidation of
shares of Common Stock or the payment of a stock dividend (but only on the shares of Common Stock), or any other increase or decrease in the number of such shares effected without receipt or payment of consideration by the Company, the Committee
shall, to the extent deemed appropriate by the Committee, appropriately adjust the number of shares of Common Stock subject to each outstanding Award and the exercise price per share of Common Stock of each such Award. 

(c) Certain Mergers 
 In
the event that any merger, consolidation or similar transaction as a result of which the holders of shares of Common Stock receive consideration consisting exclusively of securities of the surviving corporation in such transaction, the Committee
shall, to the extent deemed appropriate by the Committee, adjust each Award outstanding on the date of such merger or consolidation so that it pertains and applies to the securities which a holder of the number of shares of Common Stock subject to
such Award would have received in such merger or consolidation. 
 (d) Certain Other Transactions  

In the event of (i) a dissolution or liquidation of Sabre Corporation, (ii) a sale of all or substantially all of the Company’s
assets (on a consolidated basis), (iii) a merger, consolidation, or similar transaction involving Sabre Corporation in which Sabre Corporation is not the surviving corporation, or (iv) a merger, consolidation or similar transaction involving
Sabre Corporation in the holders of shares of Common Stock receive securities of another corporation and/or other property, including cash, other than shares of the surviving corporation in such transaction, the Committee shall, to the extent deemed
appropriate by the Committee, but subject to Section 409A of the Code to the extent applicable, have the power to: 
 (i) cancel,
effective immediately prior to the occurrence of such event, each Award (whether or not then exercisable), and, in full consideration of such cancellation, pay to the Participant to whom such Award was granted an amount in cash, for each share of
Common Stock subject to such Award, equal to the value, as determined by the Committee in its reasonable discretion, of such Award, provided that with respect to any outstanding Option such value shall be equal to the excess of (A) the value,
as determined by the Committee in its reasonable discretion, of the property (including cash) received by the holder of a share of Common Stock as a result of such event over (B) the exercise price of such Option; and 

(ii) provide for the exchange of each Award (whether or not then exercisable or vested) for an Award with respect to (A) some or all of
the property which a holder of the number of shares of Common Stock subject to such Award would have received in such transaction or (B) securities of the acquiror or surviving entity and,
incident thereto, make an equitable adjustment as determined by the Committee in the exercise price of the Award, or the number of shares or amount of property subject to the 

Award or provide for a payment (in cash or other property) to the Participant to whom such Award was granted in partial consideration for the exchange of the
Award. 

  
 10 

 (e) Other Changes 

In the event of any change in the capitalization of Sabre Corporation or corporate change other than those specifically referred to in
paragraphs (b), (c), or (d), including, without limitation, an extraordinary cash dividend, the Committee shall, to the extent deemed appropriate by the Committee, make such adjustments in the number and class of shares subject to Awards outstanding
on the date on which such change occurs and in such other terms of such Awards as the Committee may consider appropriate. 
 (f) Cash
Awards 
 In the event of any transaction or event described in this Section 10, including without limitation any corporate change
referred to in paragraph (e) hereof, the Committee may, as the Committee may consider appropriate in respect of such transaction or event, make such adjustments in the terms and conditions of any Cash Awards. 

(g) No Other Rights 

Except as expressly provided in the Plan or any Award Agreement, no Participant shall have any rights by reason of any subdivision or
consolidation of shares of stock of any class, the payment of any dividend or dividend equivalents, any increase or decrease in the number of shares of stock of any class, or any dissolution, liquidation, merger, or consolidation of Sabre
Corporation or any other corporation. Except as expressly provided in the Plan, no issuance by Sabre Corporation of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason
thereof shall be made with respect to, the number of shares or amount of other property subject to, or the terms related to, any Award. 

(h) Savings Clause  
 No
provision of this Section 10 shall be given effect to the extent that such provision (i) would cause any tax to become due under Section 409A of the Code or (ii) would result in short-swing profits liability under Section 16
of the Exchange Act or violate the exemptive conditions of Rule 16b-3 of the Exchange Act. 
  

	11.	 Change in Control 

Except as otherwise set forth in a Participant’s Award Agreement, in the event (a) a Participant’s service on the Board
terminates in connection with a Change in Control of the Company or (b) of a Change in Control in which outstanding Awards are not assumed, continued, or substituted by the surviving corporation: 

(i) All deferral of settlement, forfeiture conditions and other restrictions applicable to Awards granted under the Plan shall lapse and such
Awards shall be deemed fully vested as of the time of the Change in Control without regard to deferral and vesting conditions; and 

  
 11 

 (ii) Any Award carrying a right to exercise that was not previously exercisable and vested
shall become fully exercisable and vested as of the time of the Change in Control. 
  

	12.	 Rights under the Plan. 

(a) No person shall have any rights as a stockholder with respect to any shares of Common Stock covered by or relating to any Award granted
pursuant to the Plan until the date of the issuance of such shares on the books and records of Sabre Corporation. Except as otherwise expressly provided in Section 10 hereof, no adjustment of any Award shall be made for dividends or other
rights for which the record date occurs prior to the date such stock certificate is issued. Nothing in this Section 12 is intended, or should be construed, to limit authority of the Committee to cause the Company to make payments based on the
dividends that would be payable with respect to any share of Common Stock if it were issued or outstanding, or to grant rights related to such dividends. 

(b) Nothing in the Plan shall be construed to: (a) limit, impair, or otherwise affect the Company’s right or power to make
adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part of its business or assets; or, (b) limit the right or power
of the Company to take any action which such entity deems to be necessary or appropriate. Neither the adoption of the Plan nor the grant of any Award shall be construed as creating any limitations on the power of the Board of Directors or Committee
to adopt such other compensation arrangements as it may deem desirable for any Participant. 
 (c) The Company shall not have any obligation
to establish any separate fund or trust or other segregation of assets to provide for payments under the Plan. To the extent any person acquires any rights to receive payments hereunder from the Company, such rights shall be no greater than those of
an unsecured creditor. Nothing contained in the Plan, and no action taken pursuant to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal
representative, or any other person. The Plan is not subject to the Employee Retirement Income Security Act of 1974, as amended. 
  

	13.	 No Right to Continued Services; No Right to Award. 

(a) Nothing contained in the Plan or any Award shall confer upon any Participant any right with respect to the continuation of his service to
the Company or interfere in any way with the right of the Company at any time to terminate such service or to increase or decrease the compensation of the Participant from the rate in existence at the time of the grant of an Award. 

(b) No person shall have any claim or right to receive an Award hereunder. The Committee’s granting of an Award to a Participant at any
time shall neither require the Committee to grant an Award to such Participant or any other Participant or other person at any time nor preclude the Committee from making subsequent grants to such Participant or any other Participant or other
person. 

  
 12 

	14.	 Tax Provisions & Withholding. 

(a) Cash Remittance 

Whenever shares of Common Stock are to be issued upon the exercise of an Option or the grant or vesting of an Award, and whenever any amount
shall become payable in respect of any Award, the Company shall have the right to require the Participant to remit to the Company in cash an amount sufficient to satisfy federal, state, and local withholding tax requirements, if any, attributable to
such exercise, grant, vesting, or payment prior to the delivery of any certificate or certificates for such shares or the effectiveness of the lapse of such restrictions or making of such payment. In addition, upon the exercise or settlement of any
Award in cash, or any payment with respect to any Award, the Company shall have the right to withhold from any payment required to be made pursuant thereto an amount sufficient to satisfy the federal, state, and local withholding tax requirements,
if any, attributable to such exercise, settlement, or payment. The Company can delay the delivery to a Participant of any Common Stock or cash payable to such Participant to determine the amount of withholding to be collected and to collect and
process such withholding. 
 (b) Stock Remittance 

At the election of the Participant, subject to the approval of the Committee, when shares of Common Stock are to be issued upon the exercise,
grant, or vesting of an Award, the Participant may tender to Sabre Corporation a number of shares of Common Stock that have been owned by the Participant for at least six months (or such other period as the Committee may determine) having a Fair
Market Value at the tender date determined by the Committee to be sufficient to satisfy the federal, state, and local withholding tax requirements, if any, attributable to such exercise, grant, or vesting but not greater than such withholding
obligations. Such election (i) shall be irrevocable, made in writing, and signed by the Participant, (ii) shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate, and
(iii) shall satisfy the Participant’s obligations under this Section 14, if any. The Company can delay the delivery to a Participant of any Common Stock or cash payable to such Participant to determine the amount of withholding to be
collected and to collect and process such withholding. 
 (c) Stock Withholding  

At the election of the Participant, subject to the approval of the Committee, when shares of Common Stock are to be issued upon the exercise,
grant, or vesting of an Award, the Company shall withhold a number of such shares having a Fair Market Value at the exercise date determined by the Committee to be sufficient to satisfy the federal, state, and local withholding tax requirements, if
any, attributable to such exercise, grant, or vesting but not greater than such withholding obligations. Such election (i) shall be irrevocable, made in writing, and signed by the Participant, (ii) shall be subject to any restrictions or
limitations that the Committee, in its sole discretion, deems appropriate, and (iii) shall satisfy the Participant’s obligations under this Section 14, if any. The Company can delay the delivery to a Participant of any Common Stock or
cash payable to such Participant to determine the amount of withholding to be collected and to collect and process such withholding. 
 (d)
Consent to and Notification of Section 83(b) Election  
 No election under Section 83(b) of the Code (to
include in gross income in the year of transfer the amounts specified in Section 83(b) of the Code) or under a similar provision of the laws of a jurisdiction outside the United States may be made unless expressly permitted by the terms of the
Award Agreement or by action of the Committee in writing prior to the making of such election. In any case in which a Participant is permitted to make such an election in connection with an Award, the Participant shall notify the Company of such
election within ten days of filing notice of the election with the Internal Revenue Service or other governmental authority, in addition to any filing and notification required pursuant to regulations issued under Section 83(b) of the Code or
other applicable provision. 

  
 13 

	15.	 Amendment or Termination of the Plan. 

(a) The Board may at any time suspend or discontinue the Plan or revise or amend it in any respect whatsoever; provided, however, that to the
extent that any applicable law, regulation, or rule of a stock exchange requires stockholder approval in order for any such revision or amendment to be effective, such revision or amendment shall not be effective without such approval. The preceding
sentence shall not restrict the Committee’s ability to exercise its discretionary authority hereunder pursuant to Section 4 hereof, which discretion may be exercised without amendment to the Plan; provided that no provision of this
Section 15 shall be given effect to the extent that such provision would cause any tax to become due under Section 409A of the Code. 

(b) Except as expressly provided in the Plan, no action hereunder may, without the consent of a Participant, materially adversely affect the
Participant’s rights under any previously granted and outstanding Award. 
 (c) Nothing in the Plan shall limit the right of the
Company to pay compensation of any kind outside the terms of the Plan. 
  

	16.	 No Obligation to Exercise. 

The grant to a Participant of an Award shall impose no obligation upon such Participant to exercise such Award. 

 

	17.	 Transfer Restrictions. 

(a) Upon the death of a Participant, outstanding Awards granted to such Participant may be exercised only by the executors or administrators of
the Participant’s estate or by any person or persons who shall have acquired such right to exercise by will or by the laws of descent and distribution. No transfer by will or the laws of descent and distribution of any Award, or the right to
exercise any Award, shall be effective to bind the Company unless the Committee shall have been furnished with (a) written notice thereof and with a copy of the will and/or such evidence as the Committee may deem necessary to establish the
validity of the transfer and (b) an agreement by the transferee to comply with all the terms and conditions of the Award that are or would have been applicable to the Participant and to be bound by the acknowledgements made by the Participant
in connection with the grant of the Award. 
 (b) Except as provided in the preceding paragraph (regarding transfers upon the death of a
Participant) and Section 6 (regarding the transfer of certain Non-Qualified Stock Options), no Award or other right or interest of a Participant under the Plan shall be pledged, hypothecated, or otherwise
encumbered or subject to any lien, obligation, or liability of such Participant to any party (other than the Company), or assigned or transferred by such Participant, and such Awards or rights that may be exercisable shall be exercised during the
lifetime of the Participant only by the Participant or his or her guardian or legal representative, except that Awards and other rights may be transferred to one or more transferees during the lifetime of the Participant, and may be exercised by
such transferees in accordance with the terms of such Award, but only if and to the extent such transfers are permitted by the Committee, 

  
 14 

 
subject to any terms and conditions which the Committee may impose thereon (which may include limitations the Committee may deem appropriate in order that offers and sales under the Plan will
meet applicable requirements of registration forms under the Securities Act specified by the Securities and Exchange Commission). A beneficiary, transferee, or other person claiming any rights under the Plan from or through any Participant shall be
subject to all terms and conditions of the Plan and any Award document applicable to such Participant, except as otherwise determined by the Committee, and to any additional terms and conditions deemed necessary or appropriate by the Committee. 

 

	18.	 Retirement and Welfare Plans. 

Neither Awards made under the Plan nor shares of Common Stock or cash paid pursuant to such Awards will be included as “compensation”
for purposes of computing the benefits payable to any Participant under the Company’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides
that such compensation shall be taken into account in computing a Participant’s benefit or except as the Committee may otherwise determine in its discretion. 
  

	19.	 Certain Limitations on Awards to Ensure Compliance with Section 409A of the Code.

 (a) The Company intends that the Plan and each Award granted hereunder that is subject to Section 409A of the
Code shall comply with Section 409A of the Code and that the Plan shall be interpreted, operated and administered accordingly. In the event any term and/or condition of an Award granted hereunder would cause the application of an accelerated or
additional tax under Section 409A of the Code, such term and/or condition shall be restructured, to the extent possible, in a manner, determined by the Committee, which does not cause such an accelerated or additional tax. Any reservation of
rights by the Company hereunder affecting the timing of payment of any Award subject to Section 409A of the Code will only be as broad as is permitted by Section 409A of the Code. Notwithstanding anything herein to the contrary, in no
event shall the Company be liable for the payment of or gross up in connection with any taxes and or penalties owed by the Participant pursuant to Section 409A of the Code. For purposes of Section 409A of the Code, each installment
payment provided under the Plan shall be treated as a separate payment. 
 (b) Notwithstanding anything herein or in any Award
Agreement to the contrary, in the event that a Participant is a “specified employee” (within the meaning of Section 409A(2)(B) of the Code) as of the date of such Participant’s termination of services, any Awards subject to
Section 409A of the Code payable to such Participant as a result of his or her termination, shall be paid on the first business day of the first calendar month that begins after the six-month anniversary
of the date of the Participant’s termination of services, or, if earlier, the date of the Participant’s death. 
  

	20.	 Participants Based Outside of the United States. 

Notwithstanding any provision of the Plan to the contrary, in order to comply with the laws in other countries in which the Company operates or
which are applicable to a Participant, the Committee, in its sole discretion, shall have the power and authority to: 
 (a) Modify the terms
and conditions of any Award granted to a director if necessary to comply with applicable foreign laws; 

  
 15 

 (b) Establish subplans and modify exercise procedures and other terms and procedures, to the
extent such actions may be necessary or advisable. Any subplans and modifications to Plan terms and procedures established under this Section 20 by the Committee shall be attached to the Plan document as appendices; and 

(c) Take any action, before or after an Award is made, that it deems advisable to obtain approval or comply with any necessary local
government regulatory exemptions or approvals. 
 Notwithstanding the above, the Committee may not take any actions hereunder, and no Awards
shall be granted, that would violate applicable law. 
  

	21.	 Legend. 

The certificates or book entry for shares of Common Stock may include any legend or coding, as applicable, which the Committee deems
appropriate to reflect any restrictions on transfer of such shares. 
  

	22.	 Severability; Entire Agreement. 

If any of the provisions of the Plan or any Award Agreement is finally held to be invalid, illegal, or unenforceable (whether in whole or in
part), such provision shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality, or unenforceability, and the remaining provisions shall not be affected thereby; provided, that, if any of such provisions is
finally held to be invalid, illegal, or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such provision shall be deemed to be modified to the minimum extent necessary to
modify such scope in order to make such provision enforceable hereunder. The Plan and any Award Agreement or other agreements or documents designated by the Committee as setting forth the terms of an Award contain the entire agreement of the parties
with respect to the subject matter thereof and supersede all prior agreements, promises, covenants, arrangements, communications, representations, and warranties between them, whether written or oral, with respect to the subject matter thereof. 

 

	23.	 Descriptive Headings. 

The headings in the Plan are for convenience of reference only and shall not limit or otherwise affect the meaning of the terms contained
herein. 
  

	24.	 Governing Law. 

The Plan and the rights of all persons under the Plan shall be construed and administered in accordance with the laws of the State of Delaware
without regard to its conflict of law principles. 
  

	25.	 Clawback. 

Notwithstanding anything herein to the contrary, the Company will be entitled, to the extent permitted or required by applicable law, Company
policy, and/or the requirements of an exchange on which the Company’s shares of Common Stock are listed for trading, in each case, as in effect from time to time, to recoup compensation of whatever kind paid by the Company or any of its
affiliates at any time to a Participant under the Plan and the Participant, by accepting Awards pursuant to the Plan and any Award Agreement, agrees to comply with any Company request or demand for such recoupment. 

  
 16 

	26.	 Effective Date and Term of Plan. 

The Plan was initially adopted and shall be effective as of the Effective Date. The Plan shall terminate automatically on the ten
(10) year anniversary of the Effective Date and may be terminated on any earlier date as provided in Section 15, but all Awards made on or prior to such date will continue in effect thereafter subject to the terms thereof and of the Plan.

  
 17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00344-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00344-of-00352.parquet"}]]