Document:

Exhibit 10.4

 

MANAGEMENT SERVICES AGREEMENT

This MANAGEMENT
SERVICES AGREEMENT (this “Agreement”) is made and entered into as of this 21st day of June, 2016, by
and among Black Ridge Holding Company, LLC (“Company”), a Delaware limited liability company, and Black Ridge Oil &
Gas, Inc., a Nevada corporation (“Manager”). Company and Manager may be referred to individually herein as a “Party”
and collectively as the “Parties”.

WITNESSETH:

WHEREAS, Company owns
certain Oil and Gas Properties (as defined in the LLC Agreement referred to below) as of the date hereof and may from time to time
hereafter acquire additional Oil and Gas Properties (all such Oil and Gas Properties, collectively, the “Properties”).

WHEREAS, Manager,
Chambers Energy Capital II, LP and CEC II TE, LLC have entered into that certain Limited Liability Company Agreement, dated as
of the date hereof (the “LLC Agreement”).

WHEREAS, Company desires
to engage Manager to provide certain services required by Company, including, without limitation, administrative, accounting, and
technical services, and Manager is willing to accept such engagement, all upon the terms and conditions set forth herein;

NOW, THEREFORE, in
consideration of the foregoing, the terms and provisions set forth herein and the mutual benefits to be gained by the performance
thereof and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto
agree as follows:

1.                 
Services.

1.1             
Company hereby engages Manager, as of April 1, 2016 (the “Effective Date”), to provide the services set forth
on Schedule I (the “Services”).

1.2             
Manager hereby accepts the engagement provided for in Section 1.1 above and agrees to perform the duties and responsibilities
set forth herein during the term of this Agreement.

1.3             
Manager may engage or contract for, or cause to be engaged or contracted for, on behalf of Company, the goods and services
of third-party subcontractors, suppliers, vendors and other providers to perform the Services or any part of the Services; provided
that, other than with respect to Approved Third Party Expenses (as hereinafter defined), the expense and all costs payable to or
otherwise incurred in connection with the retention of any such third-party service provider shall be borne by Manager. “Approved
Third Party Expenses” shall include, without limitation, charges actually incurred on behalf of Company in connection with:
(i) the annual audit of Company’s consolidated financial statements by an independent auditor; (ii) the provision of legal
services by outside legal counsel with respect to Company’s legal matters; (iii) the preparation of any reserve report or
engineering report by an independent petroleum engineer; and (iv) the provision of insurance protecting Company’s assets
and the business of Company against loss and to protect Company, its directors and officers, against liability to third parties
arising out of Company’s operations. At Company’s election, Approved Third Party Expenses may be paid by Manager and
subject to reimbursement by Company as provided in Section 2.3, or billed directly to Company from such third-party service provider.
Upon request, Manager shall provide to Company all pertinent information, including copies of invoices, regarding such Approved
Third Party Expenses.

    	 	1	 

     

    

1.4             
Company shall provide direction to Manager where business decisions are required in the performance of the Services. Where
necessary for the performance of the Services, Company shall designate Manager as its authorized agent.

1.5             
Manager may not delegate its principal, decision-making authority under this Agreement to any person other than to the members
of Manager management; provided, Manager may delegate the whole or any part of its other functions hereunder to any affiliate,
employee or consultant of Manager. Manager shall, notwithstanding any such delegation, remain responsible for the performance of
its obligations as set forth in this Agreement.

2.                 
Performance Obligations.

2.1             
The Services will be provided in a good and workmanlike manner, in accordance with standard practices of similar providers
of such services to similarly situated companies engaged in the oil and gas industry.

2.2             
Company shall pay Manager, as compensation for the Services, an annual fee of $2,000,000 (less any amounts in excess of
$200,000 related to the items specified on Schedule II hereto) (the “Annual Fee”) to be paid in equal 90-day installments
(calculated on a 360-day year) of $500,000 (or such lesser amounts if the fees related to the items specified on Schedule II hereto
during the course of the year have exceeded $200,000), payable in advance (the “Quarterly Fee”), during the term of
this Agreement. The Quarterly Fee shall be paid on the first day of each 90-day period (the “Payment Date”) by wire
transfer into a bank account designated by Manager in writing. Notwithstanding the previous sentence, the first Payment Date shall
be on the date hereof, and the first 90-day period shall commence as of the Effective Date. The Annual Fee shall not include any
fees related to the items specified on Schedule II hereto. The Annual Fee shall be reduced by $0.75 per year for each $1.00 of
management fee revenue (or any other consideration received with respect to management fees) that Manager receives from third parties
after the date hereof, provided that the Annual Fee shall not be reduced below $1,000,000 per annum. The adjusted Annual Fee amount
shall be paid quarterly as set forth in this Section 2.2, and no adjustments shall be made to previously paid Quarterly Fees.

In addition to the
Quarterly Fee, Company shall reimburse Manager for all Approved Third Party Expenses (except for those Approved Third Party Expenses
Manager elects to have billed directly to Company pursuant to Section 1.3).

2.3             
Manager shall maintain adequate accounting records, which in reasonable detail fairly reflect the Services contemplated
hereunder. During the term of this Agreement, Manager shall afford to Company’s representatives, advisers and consultants
the right (the “Audit Right”) to review and examine the books and records of Manager which relate to the provisions
of the Services at any reasonable time during the regular business hours of Manager. The fees and expenses of the Audit Right shall
be borne by Company.

2.4             
During the term of this Agreement, Manager agrees that the Company will have a co-invest right on any transactions that
Manager locates, facilitates or manages for a third-party, including the right to exercise and fulfill any option Manager has to
participate as a co-investor.

    	 	2	 

     

    

3.                 
Independent Contractor Status.

3.1             
Manager and all affiliates and employees of either Manager or any of its affiliates providing Services hereunder shall be
engaged in a capacity as an independent contractor with full control over the manner and method of performance of the Services,
subject to the limitations set forth in this Agreement.

3.2             
Company understands and agrees that Manager’s relationship to Company under this Agreement is strictly a contractual
arrangement on the terms and conditions set forth in this Agreement, and hereby waives any and all rights that it may otherwise
have under applicable law or legal precedents to make any claims or take any action against Manager’s affiliates, officers,
directors, members, agents or representatives based on any theory of agency, fiduciary duty or other special standard of care.
Company understands and agrees that no fiduciary duty or other legal duty or obligation or special standard of care shall be imposed
on Manager or any of its affiliates by virtue of this Agreement.

4.                 
Term.

4.1             
This Agreement shall remain in effect, either (i) terminated by either party after such party has provided ninety (90) days
written notice or (ii) upon a Change of Control (as defined in the LLC Agreement) of Company. If this Agreement is terminated by
the Company prior to January 1, 2017, the Company shall, if a positive number, pay Manager a termination fee equal to (A) $2,000,000
multiplied by a fraction, the numerator of which is the number of days remaining in the 2016 calendar year from and after the Effective
Date, as adjusted to reflect a 360-day year, and the denominator of which is 360, less (B) the amount paid by the Company to Manager
under Section 2.2 of this Agreement prior to the date of termination. For the avoidance of doubt, if the Company provides written
notice prior to January 1, 2017 of its intent to terminate this Agreement subsequent to December 31, 2016, the Company shall not
be required to pay Manager any fees other than the pro rata portion of the Annual Fee that Manager would otherwise be entitled
to receive for providing Services prior to the termination of this Agreement.

5.                 
Representations and Warranties of the Company and the Manager. 

5.1             
Representation and Warranty by the Manager. The Manager hereby represents and warrants to the Company the following:
The execution, delivery and performance, of this Agreement will not contravene, conflict with or result in a violation of any law,
order or act of any governmental authority, provision of the certificate of incorporation of bylaws of the Manager, or any other
agreement with any person. No consent or authorization of, filing with, notice to or other act by or in respect of, any governmental
authority or any other person that has not been obtained on or before the Closing is required to be obtained by the Manager in
connection with the execution, delivery, performance, validity or enforceability of this Agreement. The execution, delivery and
performance of this Agreement will not result in a violation by the Manager of any requirement of law or any contractual obligation
of the Manager that has not been waived and will not result in, or require, the creation or imposition of any lien on any of its
properties or revenues pursuant to any requirement of law or any such contractual obligation.

    	 	3	 

     

    

5.2             
Representation and Warranty by the Company. The execution, delivery and performance, of this Agreement will not contravene,
conflict with or result in a violation of any law, order or act of any governmental authority, provision of the certificate of
formation or limited liability company agreement of the Company, or any other agreement with any person. No consent or authorization
of, filing with, notice to or other act by or in respect of, any governmental authority or any other person that has not been obtained
on or before the Closing is required to be obtained by the Company in connection with the execution, delivery, performance, validity
or enforceability of this Agreement. The execution, delivery and performance of this Agreement will not result in a violation by
the Company of any requirement of law or any contractual obligation of the Company that has not been waived and will not result
in, or require, the creation or imposition of any lien on any of its properties or revenues pursuant to any requirement of law
or any such contractual obligation.

6.                 
Indemnification.

6.1             
Indemnification by Manager. Manager will indemnify and defend Company, its directors, officers, employees, managers,
equity holders, and agents and hold them harmless from and against any liability, damage, penalty, fee, cost, expense or obligation
(including reasonable attorneys’ fees and disbursements) arising from any breach of this Agreement by Manager or from any
other action or omission by Manager in the performance of its duties hereunder, if such action or omission constitutes gross negligence,
recklessness or misconduct on the part of Manager.

6.2             
Indemnification by Company. Company will indemnify and defend Manager, its directors, officers, employees and agents
and hold them harmless from and against any liability, damage, penalty, fee, cost, expense or obligation (including reasonable
attorneys’ fees and disbursements) arising from any breach of this Agreement by Company or from any other action or omission
by Company in the performance of its duties hereunder, if such action or omission constitutes gross negligence, recklessness or
misconduct on the part of Company.

6.3             
Limitation of Liability. Notwithstanding anything in this Agreement to the contrary, neither party will have any
liability to the other party for any special, consequential or punitive damages.

6.4             
Third Party Claims. Manager will immediately notify Company if a claim is made by a third party with respect to (i)
this Agreement, (ii) any matter arising from the Services, or (iii) any Properties that are the subject of this Agreement. Manager
will propose counsel to defend any such claim and Company will have the right to approve such counsel or direct Manager to retain
counsel of Company’s choosing. Company will pay all expenses in connection with the defense of such claim, including counsel
fees, and promptly pay, discharge and satisfy any judgment or decree which may be entered in respect of such claim, except when
the claim results from Manager’s negligence, misconduct or recklessness.

    	 	4	 

     

    

7.                 
Assignment.

6.1 Neither this
Agreement nor any of the rights, benefits or obligations hereunder may be assigned or delegated (whether by operation of law or
otherwise) without the prior written consent of the other Parties, which consent shall not be unreasonably withheld; provided,
that the foregoing shall in no way restrict the performance of a Service by a subsidiary or a third-party as otherwise allowed
hereunder.

8.                 
Miscellaneous.

8.1             
Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject
matter herein and supersedes any and all prior or contemporaneous understandings, negotiations or agreements between the Parties
and shall be binding upon and inure to the benefit of the Parties hereto and their respective legal representatives and permitted
successors and assigns.

8.2             
Amendments and Waiver. Any amendment, supplement, variation, alteration or modification to the Agreement must be
made in writing and duly executed by an authorized representative or agent of each of the Parties.

8.3             
Confidentiality. Manager will, and will cause each of its officers, directors, employees, agents or other representatives
to, keep confidential all non-public information received from or otherwise relating to, Company, its subsidiaries, properties
and businesses (“Confidential Information”), and will not, and will not permit its officers, directors, employees,
agents or other representatives to, (a) disclose Confidential Information to any other person or (b) use Confidential Information
for anything other than as necessary and appropriate in carrying out the business of Company. The restrictions set forth herein
do not apply to any disclosures required by law or regulatory authority (pursuant to the advice of counsel), so long as (x) the
person subject to such disclosure obligations provides prior written notice (to the extent reasonably practicable and permitted
by applicable law) to Company stating the basis upon which the disclosure is asserted to be required, and (y) the person subject
to such disclosure obligations takes all reasonable steps permitted by applicable law (without the obligation to spend money or
incur liabilities) to oppose or mitigate any such disclosure. As used herein the term “Confidential Information” shall
not include information that (i) is or becomes generally available to the public other than as a result of a disclosure by
Manager or its officers, directors, employees, agents, counsel, investment advisers or representatives (all such persons being
collectively referred to as “Representatives”) in violation of this Agreement, (ii) is or was available to Manager
on a non-confidential basis prior to its disclosure to Manager or its Representatives by Company or (iii) was or becomes available
to Manager on a non-confidential basis from a source other than Company, which source is or was (at the time of receipt of the
relevant information) not, to the best of Manager’s knowledge, bound by a confidentiality agreement with (or other confidentiality
obligation to) Company or another person. Notwithstanding the foregoing, Manager may make all required regulatory filings regarding
this Agreement, without the consent of Company; provided, that Manager will use commercially reasonable efforts to provide Company
with an opportunity to review any Company-related disclosures contained in such filings prior to filing.

    	 	5	 

     

    

8.4             
Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions
hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdiction.

8.5             
Counterparts. This Agreement may be executed by one or more of the Parties to this Agreement on any number of separate
counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of
an executed signature page of this Agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart
hereof.

8.6             
Governing Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED
BY AND INTERPRETED, CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF DELAWARE. THE
Parties hereby irrevocably submit to the exclusive jurisdiction of the DELAWARE CHANCERY COURT LOCATED IN WILMINGTON, DELAWARE,
or, if such COURT does not have jurisdiction, any Federal Court of the United States of America or other delaware state court located
in THE STATE OF DELAWARE] and appropriate appellate courts therefrom, and each Party hereby irrevocably agrees that all
claims in respect of such dispute, controversy or claim may be heard and determined in such courts. The Parties hereby irrevocably
waive, to the fullest extent permitted by applicable Laws, any objection which they may now or hereafter have to the laying of
venue of any such dispute, controversy or claim brought in any such court or any defense of inconvenient forum for the maintenance
of such dispute, controversy or claim. Each Party agrees that a judgment in any such dispute may be enforced in other jurisdictions
by suit on the judgment or in any other manner provided by applicable Law.

8.7             
WAIVERS OF JURY TRIAL. EACH OF THE PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION
OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY RELATED AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN.

8.8             
Further Assurances. The Parties agree to take such actions and execute and deliver such other documents or agreements
as may be necessary or desirable for the implementation of this Agreement and the consummation of the transactions contemplated
hereby and thereby.

8.9             
Titles and Subtitles. The article and section headings contained in this Agreement are inserted for convenience only
and will not affect in any way the meaning or interpretation of this Agreement.

8.10         
Construction. The Parties hereto have jointly participated in the negotiation and drafting of this Agreement. If
an ambiguity or question of intent or interpretation arises, this Agreement will be construed as if drafted jointly by the Parties
hereto and no presumption or burden of proof will arise favoring or disfavoring any Party hereto because of the authorship of any
provision of this Agreement.

8.11         
Survival. All covenants, agreements, representations and warranties made in this Agreement shall survive the execution
and delivery of this Agreement.

    	 	6	 

     

    

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

 

BLACK RIDGE HOLDING COMPANY, LLC 

 

By: /s/ Ken DeCubellis

Name: Ken DeCubellis

Designation: Chief Executive Officer

 

 

BLACK RIDGE OIL & GAS, INC.

 

By: /s/ Ken DeCubellis

Name: Ken DeCubellis

Designation: Chief Executive Officer

 

 

    	 	7	 

     

    

 

SCHEDULE
I

 

SERVICES

 

Accounting Dept.

		·	Ongoing Management of Well Activity[1] 

o   Process Revenue Checks
Monthly

		§	Summarize Revenue by Operator Monthly by Well by Revenue Source–
One Month Delay

		·	Research and Manage Major Trends and Shifts in Production and Sales
Price

o   Process JIB’s
and Prepare Check Runs

		§	Summarize Expenses Monthly by Operator by Well by Expense Category
–Two Month Delay

		·	Research and Manage Development Projects

		·	Research and Manage Major Trends and Shifts in LOE

 

		·	Manage Cash Flows

o   Prepare Cash Flow forecast
as needed

o   Monthly Operating Bank
Account Reconciliations

 

		·	Prepare and Update Revenue and Expense Forecasts as Needed

o   Project Monthly Revenue
Forecast - Summarized by Quarter by Year – Two Years Forward

o   Project Monthly Development
Cost Forecast - Summarized by Quarter by Year – Two Years Forward

o   Project Monthly Lease
Operating Expense Forecast - Summarized by Quarter by Year – Two Years Forward

 

		·	Prepare Quarterly Financial Reports

o   Prepare Quarterly Balance
Sheet, Income Statement, and Cash Flow

		§	Calculate and Reconcile Accounts Payable and Accounts Receivable

		§	Account for and Reconcile Acquisition and Development Costs

		§	Calculate ARO Liability

		§	Calculate Capitalized Expenses including Interest

		§	Calculate Depletion Expense

		§	Calculate, Reconcile and Amortize Loan Origination and Debt Issuance
Costs

		§	Account For Prepaid Operator Expenses

 

		·	Prepare Annual Financial Statements

o   Summarize and Update
All Monthly and Quarterly Calculations

o   Prepare Impairment Calculations

o   Prepare Work Papers
for Auditors

o   Manage Audit Process

o   Coordinate and Review
Tax Returns prepared by Tax Accountants

___________________

1
NTD: To be discussed requirements for ongoing reporting, across the board

 

    	 	8	 

     

    

 

		·	Recommend and Manage Hedging Activity

o   Recommend, Coordinate,
and Execute Hedge Contracts

o   Account for Monthly
Payments or Receipts

o   Calculate and Account
for Quarterly Asset/Liability

 

		·	Assist in Banking Transactions

o   Recommend Draw and Payment
Requests

o   Provide Information
for Borrowing Base Redeterminations

 

		·	Manage Semi Annual Reserve Report Preparation

o   Coordinate with External
Reserve Engineers (3rd party engineer costs not included)

o   Provide Well Start Updates

o   Provide Production Updates

o   Provide LOE expense
History

o   Provide Sales Price
and Differential History

o   Review Reserve Report
Drafts

 

Land Department 

		·	Maintenance of existing leases

		o	Expiration/renewal management

		o	Lease term compliance

		o	Lessor relations

		o	Monthly net acreage reports

		·	Maintenance of existing wells

		o	Review/execution of WI/NRI percentages and related documents

		o	Review/execution of workover AFEs

		o	Operator relations regarding production plans, workovers, recompletions, pumping methods, oil/gas/water takeaway

		o	Daily and monthly gross/net production reports and projections (with Accounting Dept)

		o	Prepare monthly visible wells report showing gross net wells producing, developing and permitted.

		o	Support 3rd party reserve engineer and accounting dept. with semi-annual reserve report

		·	Assessment of New Drilling Opportunities (i.e. AFEs on existing acreage)

		o	Operator contact for development plan

		·	spud date

		·	completion date

		·	completion design

		·	updated cost expectations

 

    	 	9	 

     

    

 

		o   	EUR Assessment

		·	Analyze surrounding wells

		·	Make necessary adjustments for completion design and well vintage

		·	Provide EUR range to band IRR expectations

		o	IRR Modeling

		·	Provide an expected IRR range based on a multivariable financial model
to include:

		·	EUR 

		·	Drilling/Completion Capex

		·	Oil & Gas Price Decks

		·	Oil & Gas Differentials

		·	Taxes

		·	Fixed/Variable LOE

		·	Drilling/Completion Timing and Capex Incurrence 

		o	Timely consent/execution of AFEs within 30-day requirement.

		o	Divestment Services

		·	Should a new AFE not reach internal IRR hurdles, land dept. will utilize
non-op network to divest wellbore or acreage at acceptable prices 

		·	Acquisition Opportunity Assessment

		o	For new deal opportunities reviewed by the land department, we will:

		·	Execute NDAs under acceptable terms

		·	Engage 3rd party reserve engineers to assist in valuation,
as necessary (3rd party engineer costs not included)

		·	Prepare PowerPoint presentations summarizing acreage location, EURs,
offset development, size, cost, and IRR expectation

		·	Prepare a well-level financial model in Excel incorporating the same
variables as in the IRR Modeling above

		·	Provide a recommendation to pursue opportunity or pass on opportunity.

		o	Monthly Opportunities Summary, to include:

		·	Seller

		·	Acreage Location

		·	Size (net acres & working interest)

		·	Sales Price

		·	Total Acquisition Cost

		·	Summary of Acquisition Decision

 

    	 	10	 

     

    

 

		o	Acquisition Services

		·	Execute PSA agreements on acceptable terms, utilizing legal counsel
as necessary (3rd party legal costs not included)

		·	Complete land due diligence utilizing 3rd party landmen
as needed (3rd party landmen costs not included)

		·	Assist accounting department in financial due diligence

		·	Engage 3rd parties to complete environmental assessments
as needed (3rd party environmental consultant costs not included)

		·	Review and execution of final documents at closing

		·	Integration of new wells/acreage into Excalibur

		·	Initiate operator contact to ensure migration of all acquired assets
from seller to Black Ridge

		·	Accounting Dept. Joint Projects

		o	Provide production volumes, cost updates and well start dates for company model

		o	Engage operators of Black Ridge assets for projected timelines on future development projects

		o	Cure operator revenue/JIB billing issues

		·	Macro Projects

		o	Continual assessment of Bakken performance/outlook from:

		·	Operator Contacts/Meetings

		·	NDIC 

		·	ND Pipeline Authority

		·	Corporate presentations

		·	Industry events

		·	Non-op relationships

		·	Data mining

 

Infrastructure

		·	Employee and board compensation, benefits, insurance and payroll taxes

		·	Office rent, computer systems, copier, postage

		·	Excalibur accounting system

		·	Subscriptions

		·	Reasonable Travel expenses (could need additional depending on amount
of acquisition work)

		·	Additional accounting headcount could be needed depending on scale
of new acquisitions

 

    	 	11	 

     

    

 

SCHEDULE
II

 

		·	Well environment insurance consistent with coverage held in current
policy’s held by Black Ridge Oil & Gas, Inc.

		·	Annual State Licenses 

		·	Audit Fees include annual audit of Black Ridge Holding Company LLC

		·	Tax Work includes annual filing of LLC Federal and State Tax returns
and supporting schedules

		·	Reserve Engineering includes one internally contracted mid-year engineering
reserve report and a year-end 3rd party engineering reserve report

		·	Outside legal fees, to the extent they are related to the normal day-to-day
operations of Black Ridge Holding Company, LLC. Explicitly excluded from this Schedule are legal fees associated with debt restructurings/amendments,
mergers & acquisitions, and extraordinary title or operator disputes. Any incurred legal fees related to these exclusions shall
be agreed to between the parties.

 

 

 

 

 

 

 

 

 

 

 

 

    	 	12SIXTH AMENDMENT TO REVOLVING CREDIT AGREEMENT

 

THIS SIXTH AMENDMENT TO REVOLVING CREDIT AGREEMENT, dated as of August 10, 2016 (this “Agreement”), is entered into among Ruby Tuesday, Inc., a Georgia corporation (the “Borrower”), the Guarantors, the Lenders party hereto and Bank of America, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). All capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in the Credit Agreement (as defined below).

 

RECITALS

 

WHEREAS, the Borrower, the Guarantors, the Lenders and the Administrative Agent entered into that certain Revolving Credit Agreement dated as of December 3, 2013 (as amended by that certain First Amendment to Revolving Credit Agreement and Waiver dated as of January 10, 2014, that certain Second Amendment to Revolving Credit Agreement and Waiver dated as of February 7, 2014, that certain Third Amendment to Revolving Credit Agreement dated as of August 5, 2014, that certain Fourth Amendment to Revolving Credit Agreement dated as of June 29, 2015, that certain Fifth Amendment to Revolving Credit Agreement and Consent dated as of October 23, 2015, and as further amended or modified from time to time, the “Credit Agreement”); and

 

WHEREAS, the Borrower has requested that the Lenders agree to amend the Credit Agreement, and the Required Lenders are willing to amend the Credit Agreement, as set forth below, subject to the terms and conditions set forth below.

 

NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

1.     Incorporation of Recitals. The recitals to this Agreement are incorporated fully and made a part of this Agreement.

 

2.     Amendments. The Credit Agreement is hereby amended as follows:

 

(a)     Clause (d) of the definition of “Consolidated EBITDA” in Section 1.1 of the Credit Agreement is hereby amended to read as follows:

 

(d) to the extent deducted in determining Consolidated Net Income for such period without duplication, (i) Consolidated Interest Expense, (ii) income tax expense determined on a consolidated basis in accordance with GAAP, (iii) depreciation and amortization expense determined on a consolidated basis in accordance with GAAP, (iv) all other non-cash charges, in each case, that do not represent a cash item in such period or any future period, (v) without duplication, with respect to the fiscal quarters identified below only, losses from discontinued operations in an aggregate amount not to exceed $2,736,000 for the third fiscal quarter ended March 5, 2013, $455,000 for the fourth fiscal quarter ended June 4, 2013, and $375,000 during the first fiscal quarter ended September 3, 2013, (vi) cash charges incurred in connection with the closing of stores or units and the elimination of eight Director and Vice President support

 

 

 

center positions during the fiscal year ending June 3, 2014; provided, that, (x) the aggregate amount of cash charges for store or unit closures added back pursuant to this clause (d)(vi) for all periods shall not exceed $4,800,000 and (y) the aggregate amount of cash charges in connection with the elimination of the eight Director and Vice President support center positions added back pursuant to this clause (d)(vi) for all periods shall not exceed $625,122, (vii) non-recurring lease reserve charges incurred in connection with the 2016 Store Closures; provided, that, the aggregate amount of such charges added back pursuant to this clause (d)(vii) for all periods shall not exceed $20,000,000, (viii) non-recurring closing, corporate and restructuring costs related to the 2016 Store Closures; provided, that, the aggregate amount of such costs added back pursuant to this clause (d)(viii) for all periods shall not exceed $10,000,000, (ix) non-cash impairment charges or asset write-offs relating to inventory and small-wares in connection with the 2016 Store Closures; provided, that, the aggregate amount of such charges or write-offs added back pursuant to this clause (d)(ix) for all such periods shall not exceed $4,000,000, and (x) other adjustments reasonably acceptable to the Administrative Agent, all as determined in accordance with GAAP.

 

(b)     The definition of “Consolidated Lease Expense” in Section 1.1 of the Credit Agreement is hereby amended to read as follows:

 

“Consolidated Lease Expense” means, for any period, the aggregate amount of fixed and contingent rental and operating lease expense payable by the Borrower and its Subsidiaries with respect to leases of real and personal property (excluding (x) Capital Lease Obligations, (y) those cash charges for lease termination costs in connection with the closing of any stores or units during the fiscal year ending June 3, 2014, in an aggregate amount not to exceed $4,800,000, that are added back to Consolidated EBITDA pursuant to clause (d)(vi) thereof, and (z) cash payments with respect to leases terminated in connection with the 2016 Store Closures, in an aggregate amount not to exceed $30,000,000) determined on a consolidated basis in accordance with GAAP for such period.

 

(c)     The definition of “MLPF&S” in Section 1.1 of the Credit Agreement is hereby amended to read as follows:

 

“MLPF&S” means Merrill Lynch, Pierce, Fenner & Smith Incorporated (or any other registered broker-dealer wholly-owned by Bank of America Corporation to which all or substantially all of Bank of America Corporation’s or any of its subsidiaries’ investment banking, commercial lending services or related businesses may be transferred following the Sixth Amendment Effective Date), in its capacity as a joint lead arranger and joint book manager.

 

(d)     The following defined terms are hereby added to Section 1.1 of the Credit Agreement in the appropriate alphabetical order to read as follows:

 

“2016 Disclosure Letter” means the disclosure letter, dated the Sixth Amendment Effective Date, delivered by the Borrower to the Administrative Agent.

 

“2016 Store Closures” means (a) the closing of the stores identified in Exhibit A of the 2016 Disclosure Letter, and (b) the sale of real property identified in Exhibit B of the 2016 Disclosure Letter.

 

“Sixth Amendment Effective Date” means August 10, 2016.

 

(e)     Clause (F) of Section 2.4 of the Credit Agreement is hereby amended to read as follows:

 

 

(F)     as a condition precedent to such increase, (1) the Arrangers shall have received reasonably satisfactory evidence that the appraised value of the Mortgaged Properties is at least twice the amount of the Aggregate Revolving Commitments (after giving effect to such increase), and (2) the Lenders shall have received (x) a completed “life of loan” Federal Emergency Management Standard Flood Hazard Determination with respect to each Mortgaged Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower and appropriate Loan Party relating thereto if required), (y) proof of flood insurance under the insurance policies required by the Loan Documents, and (z) with respect to any new real property that will be added as a Mortgaged Property on the effective date of such increase, or will be required to be added as a Mortgaged Property following the effective date of such increase, written notice thereof at least forty-five (45) days prior to the effective date of such increase.

 

(f)     Section 8.5 of the Credit Agreement is hereby amended by (i) deleting the “and” at the end of clause (d) thereof, (ii) replacing the “.” at the end of clause (e) thereof with “; and”, and (iii) inserting a new clause (f) to read as follows:

 

(f)     the sale of real property and related personal property in connection with the 2016 Store Closures.

 

3.     Reaffirmation. Each of the Loan Parties acknowledges and reaffirms (a) that it is bound by all of the terms of the Credit Agreement and the other Loan Documents to which it is a party and (b) that it is responsible for the observance and full performance of all Obligations, including without limitation, the repayment of the Loans and reimbursement of any drawings on a Letter of Credit. Without limiting the generality of the preceding sentence, each of the Guarantors restates and reaffirms that it guarantees the prompt payment when due of all Obligations, in accordance with, and pursuant to the terms of the Credit Agreement. Furthermore, the Loan Parties acknowledge and confirm (i) that the Administrative Agent and the Lenders have performed fully all of their respective obligations under the Credit Agreement and the other Loan Documents and (ii) by entering into this Agreement, except as expressly set forth herein, the Lenders do not waive or release any term or condition of the Credit Agreement or any of the other Loan Documents or any of their rights or remedies under such Loan Documents or applicable law or any of the obligations of the Loan Parties thereunder.

 

4.     Conditions Precedent. This Agreement shall be effective upon the receipt by the Administrative Agent of counterparts of this Agreement, duly executed by the Borrower, the Guarantors, the Administrative Agent and the Required Lenders.

 

5.     Miscellaneous.

 

(a)     The Credit Agreement, and the obligations of the Loan Parties thereunder and under the other Loan Documents, are hereby ratified and confirmed and, except as expressly modified by this Agreement, shall remain in full force and effect according to their terms.

 

(b)     Each Loan Party hereby represents and warrants as follows: (i) each Loan Party has taken all necessary action to authorize the execution, delivery and performance of this Agreement; (ii) this Agreement has been duly executed and delivered by each Loan Party and constitutes the legal, valid and binding obligations of each Loan Party, enforceable in accordance with its terms, except as such enforceability may be subject to (A) bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting creditors’ 

 

 

rights generally and (B) general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity); and (iii) no consent, approval, authorization or order of, or filing, registration or qualification with, any court or governmental authority or third party is required in connection with the execution, delivery or performance by any Loan Party of this Agreement.

 

(c)     Each Loan Party represents and warrants to the Lenders that (i) the representations and warranties set forth in Article V of the Credit Agreement and in each other Loan Document are true and correct in all material respects (before and after giving effect to this Agreement) as of the date hereof with the same effect as if made on and as of the date hereof, except to the extent such representations and warranties expressly relate to an earlier date and (ii) no event has occurred and is continuing which constitutes a Default or an Event of Default.

 

(d)     This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument. Delivery of an executed counterpart of this Agreement by telecopy shall be effective as an original and shall constitute a representation that an executed original shall be delivered.

 

(e)     THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAW PRINCIPLES THEREOF) OF THE STATE OF GEORGIA.

 

 

[remainder of page intentionally left blank]

 

 

 

Each of the parties hereto has caused a counterpart of this Agreement to be duly executed and delivered as of the date first above written.

 

BORROWER:                         RUBY TUESDAY, INC.

 

 

By: /s/ Rhonda Parish 

Name:     Rhonda Parish

Title:     Chief Legal Officer and Secretary 

 

GUARANTORS:                                                          RTBD, INC.

RT FINANCE, INC.

RUBY TUESDAY GC CARDS, INC.

RT TAMPA FRANCHISE, L.P.

RT ORLANDO FRANCHISE, L.P.

RT SOUTH FLORIDA FRANCHISE, L.P.

RT NEW YORK FRANCHISE, LLC

RT SOUTHWEST FRANCHISE, LLC

RT MICHIANA FRANCHISE, LLC

RT FRANCHISE ACQUISITION, LLC

RT KENTUCKY RESTAURANT HOLDINGS, LLC

RT FLORIDA EQUITY, LLC

RTGC, LLC

RT DETROIT FRANCHISE, LLC

RT MICHIGAN FRANCHISE, LLC

RT WEST PALM BEACH FRANCHISE, L.P.

 

 

RT NEW ENGLAND FRANCHISE, LLC

RT LONG ISLAND FRANCHISE, LLC

RUBY TUESDAY, LLC

RT Las Vegas Franchise, LLC

RT Minneapolis Franchise, LLC

RT Indianapolis Franchise, LLC

RT Denver Franchise, L.P.

RT Omaha Franchise, LLC

RT KCMO Franchise, LLC

RT Portland Franchise, LLC

RT St. Louis Franchise, LLC

RT Western Missouri Franchise, LLC

RT AIRPORT, INC.

RT LOUISVILLE FRANCHISE, LLC

RT MCGHEE-TYSON, LLC

RT ONE PERCENT HOLDINGS, INC.

RT ONE PERCENT HOLDINGS, LLC

RT MINNEAPOLIS HOLDINGS, LLC

RT OMAHA HOLDINGS, LLC

RT DENVER, INC.

RT LOUISVILLE, INC.

RT ORLANDO, INC.

RT SOUTH FLORIDA, INC.

RT TAMPA, INC.

RT WEST PALM BEACH, INC.

RT NEW HAMPSHIRE RESTAURANT HOLDINGS, LLC

RT RESTAURANT SERVICES, LLC

RTTA, LP

RT DISTRIBUTING, LLC

RT O’TOOLE, LLC

RT SMITH, LLC

RT MILLINGTON, LLC

4721 RT OF PENNSYLVANIA, INC.

RTTT, LLC

RTT TEXAS, INC.

RT JONESBORO CLUB

RUBY TUESDAY OF RUSSELLVILLE, INC.

RUBY TUESDAY OF CONWAY, INC.

RT KCMO KANSAS, INC.

RUBY TUESDAY OF BRYANT, INC.

 

 

By: /s/ Rhonda Parish

Name:     Rhonda Parish

Title:     Vice President and Secretary 

 

 

 

ADMINISTRATIVE AGENT:     BANK OF AMERICA, N.A.,

as Administrative Agent 

 

 

By: /s/ Erik M. Truette

Name: Erik M. Truette

Title: Vice President

 

 

 

LENDERS:                         BANK OF AMERICA, N.A.,

as a Lender and an Issuing Bank

 

 

By: /s/ Anthony Luppino

Name: Anthony Luppino

Title: Vice President

 

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

 

 

By: /s/ Sally Hoffman

Name: Sally Hoffman

Title: Managing Director

 

 

 

 

REGIONS BANK,

as a Lender

 

 

By: /s/ Jay Sim

Name: Jay Sim

Title: Vice President

 

 

RUBY TUESDAY, INC.

Disclosure Letter

 

August 10, 2016

 

	
			To:

				
			Bank of America, N.A., as Administrative Agent, the Issuing Bank and the Lenders under that certain Revolving Credit Agreement, dated as of December 3, 2013 (as amended by that certain First Amendment to Revolving Credit Agreement and Waiver dated as of January 10, 2014, that certain Second Amendment to Revolving Credit Agreement and Waiver dated as of February 7, 2014, that certain Third Amendment to Revolving Credit Agreement dated as of August 5, 2014, that certain Fourth Amendment to Revolving Credit Agreement dated as of June 29, 2015, that certain Fifth Amendment to Revolving Credit Agreement and Consent dated as of October 23, 2015, that certain Sixth Amendment to Revolving Credit Agreement dated as of the date hereof (the “Sixth Amendment”), and as further amended or modified from time to time, the “Credit Agreement”) by and among Ruby Tuesday, Inc., a Georgia corporation (the “Borrower”), the Guarantors, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent and as Issuing Bank. All capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in the Credit Agreement.

			

 

This letter (this “Disclosure Letter”) is delivered pursuant to the Credit Agreement. The undersigned, a Responsible Officer of the Borrower, hereby certifies to the Administrative Agent, the Issuing Bank and each Lender that attached hereto are true, correct and complete exhibits referenced in the definition of “2016 Store Closures” (the “Exhibits”). The Borrower agrees and acknowledges that the Administrative Agent, the Issuing Bank and each Lender may rely on each of these Exhibits with respect to the relevant matters referred to in the Credit Agreement as if such Exhibits were part of, and fully set forth in, the Credit Agreement. The Borrower agrees and acknowledges that the Administrative Agent, the Issuing Bank and the Lenders are entering into the Sixth Amendment in reliance on these Exhibits. This Disclosure Letter is a Loan Document.

 

 

[Signature Pages Follow]

 

 

 

IN WITNESS WHEREOF, the Borrower has caused this Disclosure Letter to be duly executed as of the date first above written.

 

BORROWER:                         RUBY TUESDAY, INC.

 

By      /s/ Rhonda Parish

Name:     Rhonda Parish

Title:     Chief Legal Officer and Secretary 

 

 

Exhibit A

 

Stores to be Closed

 

	
			NO.

				
			ADDRESS

				
			CITY

				
			STATE

				
			ZIP

			
	
			1.       

				
			CONFIDENTIAL INFORMATION HAS BEEN REDACTED

				
			 

				
			 

				
			 

			
	
			2.       

				
			 

				
			 

				
			 

				
			 

			
	
			3.       

				
			 

				
			 

				
			 

				
			 

			
	
			4.       

				
			 

				
			 

				
			 

				
			 

			
	
			5.       

				
			 

				
			 

				
			 

				
			 

			
	
			6.       

				
			 

				
			 

				
			 

				
			 

			
	
			7.       

				
			 

				
			 

				
			 

				
			 

			
	
			8.       

				
			 

				
			 

				
			 

				
			 

			
	
			9.       

				
			 

				
			 

				
			 

				
			 

			
	
			10.   

				
			 

				
			 

				
			 

				
			 

			
	
			11.   

				
			 

				
			 

				
			 

				
			 

			
	
			12.   

				
			 

				
			 

				
			 

				
			 

			
	
			13.   

				
			 

				
			 

				
			 

				
			 

			
	
			14.   

				
			 

				
			 

				
			 

				
			 

			
	
			15.   

				
			 

				
			 

				
			 

				
			 

			
	
			16.   

				
			 

				
			 

				
			 

				
			 

			
	
			17.   

				
			 

				
			 

				
			 

				
			 

			
	
			18.   

				
			 

				
			 

				
			 

				
			 

			
	
			19.   

				
			 

				
			 

				
			 

				
			 

			
	
			20.   

				
			 

				
			 

				
			 

				
			 

			
	
			21.   

				
			 

				
			 

				
			 

				
			 

			
	
			22.   

				
			 

				
			 

				
			 

				
			 

			
	
			23.   

				
			 

				
			 

				
			 

				
			 

			
	
			24.   

				
			 

				
			 

				
			 

				
			 

			
	
			25.   

				
			 

				
			 

				
			 

				
			 

			
	
			26.   

				
			 

				
			 

				
			 

				
			 

			
	
			27.   

				
			 

				
			 

				
			 

				
			 

			
	
			28.   

				
			 

				
			 

				
			 

				
			 

			
	
			29.   

				
			 

				
			 

				
			 

				
			 

			
	
			30.   

				
			 

				
			 

				
			 

				
			 

			
	
			31.   

				
			 

				
			 

				
			 

				
			 

			
	
			32.   

				
			 

				
			 

				
			 

				
			 

			
	
			33.   

				
			 

				
			 

				
			 

				
			 

			
	
			34.   

				
			 

				
			 

				
			 

				
			 

			
	
			35.   

				
			 

				
			 

				
			 

				
			 

			
	
			36.   

				
			 

				
			 

				
			 

				
			 

			

 

 

 

	
			NO.

				ADDRESS	CITY	STATE	ZIP
	
			37.   

				
			CONFIDENTIAL INFORMATION HAS BEEN REDACTED

				
			 

				
			 

				
			 

			
	
			38.   

				
			 

				
			 

				
			 

				
			 

			
	
			39.   

				
			 

				
			 

				
			 

				
			 

			
	
			40.   

				
			 

				
			 

				
			 

				
			 

			
	
			41.   

				
			 

				
			 

				
			 

				
			 

			
	
			42.   

				
			 

				
			 

				
			 

				
			 

			
	
			43.   

				
			 

				
			 

				
			 

				
			 

			
	
			44.   

				
			 

				
			 

				
			 

				
			 

			
	
			45.   

				
			 

				
			 

				
			 

				
			 

			
	
			46.   

				
			 

				
			 

				
			 

				
			 

			
	
			47.   

				
			 

				
			 

				
			 

				
			 

			
	
			48.   

				
			 

				
			 

				
			 

				
			 

			
	
			49.   

				
			 

				
			 

				
			 

				
			 

			
	
			50.   

				
			 

				
			 

				
			 

				
			 

			
	
			51.   

				
			 

				
			 

				
			 

				
			 

			
	
			52.   

				
			 

				
			 

				
			 

				
			 

			
	
			53.   

				
			 

				
			 

				
			 

				
			 

			
	
			54.   

				
			 

				
			 

				
			 

				
			 

			
	
			55.   

				
			 

				
			 

				
			 

				
			 

			
	
			56.   

				
			 

				
			 

				
			 

				
			 

			
	
			57.   

				
			 

				
			 

				
			 

				
			 

			
	
			58.   

				
			 

				
			 

				
			 

				
			 

			
	
			59.   

				
			 

				
			 

				
			 

				
			 

			
	
			60.   

				
			 

				
			 

				
			 

				
			 

			
	
			61.   

				
			 

				
			 

				
			 

				
			 

			
	
			62.   

				
			 

				
			 

				
			 

				
			 

			
	
			63.   

				
			 

				
			 

				
			 

				
			 

			
	
			64.   

				
			 

				
			 

				
			 

				
			 

			
	
			65.   

				
			 

				
			 

				
			 

				
			 

			
	
			66.   

				
			 

				
			 

				
			 

				
			 

			
	
			67.   

				
			 

				
			 

				
			 

				
			 

			
	
			68.   

				
			 

				
			 

				
			 

				
			 

			
	
			69.   

				
			 

				
			 

				
			 

				
			 

			
	
			70.   

				
			 

				
			 

				
			 

				
			 

			
	
			71.   

				
			 

				
			 

				
			 

				
			 

			
	
			72.   

				
			 

				
			 

				
			 

				
			 

			
	
			73.   

				
			 

				
			 

				
			 

				
			 

			
	
			74.   

				
			 

				
			 

				
			 

				
			 

			
	
			75.   

				
			 

				
			 

				
			 

				
			 

			

 

 

 

	NO.	ADDRESS	CITY	STATE	ZIP
	
			76.   

				
			CONFIDENTIAL INFORMATION HAS BEEN REDACTED

				
			 

				
			 

				
			 

			
	
			77.   

				
			 

				
			 

				
			 

				
			 

			
	
			78.   

				
			 

				
			 

				
			 

				
			 

			
	
			79.   

				
			 

				
			 

				
			 

				
			 

			
	
			80.   

				
			 

				
			 

				
			 

				
			 

			
	
			81.   

				
			 

				
			 

				
			 

				
			 

			
	
			82.   

				
			 

				
			 

				
			 

				
			 

			
	
			83.   

				
			 

				
			 

				
			 

				
			 

			
	
			84.   

				
			 

				
			 

				
			 

				
			 

			
	
			85.   

				
			 

				
			 

				
			 

				
			 

			
	
			86.   

				
			 

				
			 

				
			 

				
			 

			
	
			87.   

				
			 

				
			 

				
			 

				
			 

			
	
			88.   

				
			 

				
			 

				
			 

				
			 

			
	
			89.   

				
			 

				
			 

				
			 

				
			 

			
	
			90.   

				
			 

				
			 

				
			 

				
			 

			
	
			91.   

				
			 

				
			 

				
			 

				
			 

			
	
			92.   

				
			 

				
			 

				
			 

				
			 

			
	
			93.   

				
			 

				
			 

				
			 

				
			 

			
	
			94.   

				
			 

				
			 

				
			 

				
			 

			
	
			95.   

				
			 

				
			 

				
			 

				
			 

			

 

 

 

Exhibit B

 

Real Property to be Disposed in Connection with Store Closures

 

	
			NO.

				
			ADDRESS

				
			CITY

				
			STATE

				
			ZIP

			
	
			1.       

				
			CONFIDENTIAL INFORMATION HAS BEEN REDACTED

				
			 

				
			 

				
			 

			
	
			2.       

				
			 

				
			 

				
			 

				
			 

			
	
			3.       

				
			 

				
			 

				
			 

				
			 

			
	
			4.       

				
			 

				
			 

				
			 

				
			 

			
	
			5.       

				
			 

				
			 

				
			 

				
			 

			
	
			6.       

				
			 

				
			 

				
			 

				
			 

			
	
			7.       

				
			 

				
			 

				
			 

				
			 

			
	
			8.       

				
			 

				
			 

				
			 

				
			 

			
	
			9.       

				
			 

				
			 

				
			 

				
			 

			
	
			10.   

				
			 

				
			 

				
			 

				
			 

			
	
			11.   

				
			 

				
			 

				
			 

				
			 

			
	
			12.   

				
			 

				
			 

				
			 

				
			 

			
	
			13.   

				
			 

				
			 

				
			 

				
			 

			
	
			14.   

				
			 

				
			 

				
			 

				
			 

			
	
			15.   

				
			 

				
			 

				
			 

				
			 

			
	
			16.   

				
			 

				
			 

				
			 

				
			 

			
	
			17.   

				
			 

				
			 

				
			 

				
			 

			
	
			18.   

				
			 

				
			 

				
			 

				
			 

			
	
			19.   

				
			 

				
			 

				
			 

				
			 

			
	
			20.   

				
			 

				
			 

				
			 

				
			 

			
	
			21.   

				
			 

				
			 

				
			 

				
			 

			
	
			22.   

				
			 

				
			 

				
			 

				
			 

			
	
			23.   

				
			 

				
			 

				
			 

				
			 

			
	
			24.   

				
			 

				
			 

				
			 

				
			 

			
	
			25.   

				
			 

				
			 

				
			 

				
			 

			
	
			26.   

				
			 

				
			 

				
			 

				
			 

			
	
			27.   

				
			 

				
			 

				
			 

				
			 

			
	
			28.   

				
			 

				
			 

				
			 

				
			 

			
	
			29.   

				
			 

				
			 

				
			 

				
			 

			
	
			30.   

				
			 

				
			 

				
			 

				
			 

			
	
			31.   

				
			 

				
			 

				
			 

				
			 

			
	
			32.   

				
			 

				
			 

				
			 

				
			 

			
	
			33.   

				
			 

				
			 

				
			 

				
			 

			
	
			34.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}]]