Document:

exv10w1

Exhibit 10.1

To: AMB Fund Management S.Á.R.L.

acting in its own name but on behalf of AMB Europe Fund I FCP-FIS as AMB Agent for the Borrowers

Attention: The managers of AMB Fund Management S.Á.R.L.

5, allée Scheffer

L-2520 Luxembourg

Cc: AMB Europe Fund I FCP-FIS

Zuidplein 108

1077 XV Amsterdam

the Netherlands

Attention: Cash management

Cc: AMB Property, L.P.

Pier 1, Bay 1

San Francisco, California 94111

United States

Fax: 1-415-394-9001

Attention: SVP, Capital Markets

cc: General Counsel

29 December 2008

Ladies and Gentlemen,

Termination letter €142,000,000 AMB LP Guaranteed Facility Agreement between inter alios, AMB
Fund Management S.Á.R.L., AMB Property, L.P. and ING Real Estate Finance N.V. dated 30 May 2008
(the AMB LP Guaranteed Facility Agreement)

	1.	 	We refer to the AMB LP Guaranteed Facility Agreement.
	 
	2.	 	Capitalised terms used but not defined in this letter shall have the same meanings assigned
to them in the AMB LP Guaranteed Facility Agreement. References to a Clause in this letter is
to that clause in the AMB LP Guaranteed Facility Agreement.
	 
	3.	 	It is acknowledged that:
	 
	(a)	 	Pursuant to Clause 29.1 (Amendments and Waivers), the Facility Agent is authorised to effect
on behalf of any Finance Party, any amendment or waiver to the Finance Documents; and

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	(b)	 	Pursuant to Clause 29.1 (Amendments and Waivers), each Obligor has irrevocably appointed the
AMB Agent to act on its behalf as its agent in relation to the Finance Documents.
	 
	4.	 	It is noted that:
	 
	(a)	 	The Loans made to each of AMB Bremerhaven Distribution Center 1 B.V., AMB Hausbruch
Industrial Center 1 B.V., AMB Hausbruch Industrial Center 6 GmbH and MB Altenwerder
Distribution Center Holding 1 B.V. have been repaid in full on or prior to the date of this
letter pursuant to Clause 8.4(a) (Voluntary prepayment), together with all interest thereon
and all other amounts payable by the Obligors under the AMB LP Guaranteed Facility Agreement,
with the Facility Agent having waived any notice period required for such prepayment pursuant
to Clause 29.1 (Amendments and Waivers); and
	 
	(b)	 	As a result, no amounts are outstanding under the AMB LP Guaranteed Facility Agreement.
	 
	5.	 	Accordingly, with effect from the date of this letter:
	 
	(a)	 	The Facility Agent acknowledges receipt of all funds required to repay all Loans made under
the AMB LP Guaranteed Facility Agreement and all other amounts payable by the Obligors under
the AMB LP Guaranteed Facility Agreement;
	 
	(b)	 	The Facility Agent agrees and acknowledges on its own behalf and on behalf of each other
Finance Party that (i) each Obligor is released from all of its obligations and liabilities
under the AMB LP Guaranteed Facility Agreement, the Loan Guarantee and all other Finance
Documents; and (ii) the AMB LP Guaranteed Facility Agreement, the Loan Guarantee and all other
Finance Documents shall have no further force or effect and is terminated; and
	 
	(c)	 	The AMB Agent agrees and acknowledges on its own behalf and on behalf of each Obligor that
(i) the Obligors shall no longer have any rights under the AMB LP Guaranteed Facility
Agreement and (ii) the AMB LP Guaranteed Facility Agreement shall have no further force or
effect and is terminated and, for the avoidance of doubt, any and all Commitments thereunder
are cancelled.
	 
	6.	 	This letter may be executed in any number of counterparts. This has the same legal effect as
if the signatories on each counterpart were on a single copy of the letter.
	 
	7.	 	This letter is governed by, and shall be construed in accordance with, the laws of England
and Wales. Each of the parties hereto agrees that the courts of England and Wales shall have
exclusive jurisdiction to hear and determine any suit, action or proceedings, and to settle
any dispute, which arises out of or in connection with this letter and, for such purposes,
irrevocably submits to the jurisdiction of such courts.

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	8.	 	A person who is not a party to this letter shall have no right under the Contracts (Rights of
Third Parties) Act 1999 to enforce any of its terms but this does not affect any right or
remedy of a third party which exists or is available apart from the Contracts (Rights of Third
Parties) Act 1999. The consent of any person who is not a Party is not required to rescind or
vary this letter at any time.

We should be grateful if you would indicate your acknowledgment and acceptance of the above by
countersigning and returning the attached copy of this letter.

Yours sincerely,

/s/ M.C. Vincentie /s/ M. van Teijlingen

a duly authorised signatory

for and on behalf of

ING Real Estate Finance N.V.

acting in its capacity as Facility Agent

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We hereby acknowledge and agree to the terms of this letter.

  /s/ Jeroen Smit
            
                  
            

a duly authorised signatory

for and on behalf of

AMB Fund Management S.Á.R.L.

acting in its own name but on behalf of

AMB Europe Fund I FCP-FIS as AMB Agent for the Obligors

Page 4EX-10.1

Exhibit 10.1

AMENDEMENT #1 TO

THOMAS A. DAIBER

EMPLOYMENT AGREEMENT

     THIS AMENDMENT (this “Amendment”), is made and entered into as of December 18, 2008 by and
between CENTRUE FINANCIAL CORPORATION, INC., a Delaware corporation (the “Employer”), and THOMAS A.
DAIBER (the “Executive”).

R E C I T A L S:

     A. The Executive serves as an officer of the Employer, and its wholly-owned subsidiary,
Centrue Bank.

     B. The Employer and Executive have previously entered into an employment agreement dated June
30, 2006 (the “Agreement”) and wish to amend the Agreement to satisfy the requirements of Section
409A of the Internal Revenue Code and to eliminate provisions of the Agreement that pertain only to
compensation or benefits that have already been paid.

     C. Except as otherwise provided in this Amendment, the Agreement shall continue in full force
and effect.

     NOW, THEREFORE, in consideration of the premises and of the covenants herein and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
Employer and the Executive agree to amend the Agreement as follows:

     1. Section 3(c) of the Agreement is amended to provide as follows:

     (c) Reimbursement of Expenses. The Executive shall be reimbursed, upon submission of
appropriate vouchers and supporting documentation, for all travel, entertainment and other
out-of-pocket expenses reasonably and necessarily incurred by the Executive in the performance of
his duties hereunder and shall be entitled to attend seminars, conferences and meetings relating to
the business of the Employer consistent with the Employer’s or the Bank’s established policies in
that regard. Reimbursement under this section will be paid no later than March 15 of the calendar
year following the calendar year in which the expenses were incurred.

     2. Section 3(g) of the Agreement is deleted in its entirety.

     3. Section 3(h) of the Agreement is deleted in its entirety.

     4. A new Section 5(a) of the Agreement is added to provide as follows and the remaining
subsections of Section 5 are renumbered appropriately:

     (a) Separation from Service. Separation from Service means the termination of the
Executive’s employment with Employer and the Bank for reasons other than death or Disability.

 

 

A termination of employment will be presumed to constitute a Separation from Service if the Executive
continues to provide services as an employee of Employer in an annualized amount that is less than
20% of the services rendered, on average, during the immediately preceding three years of
employment (or, if employed less than three years, such lesser period). The Executive will be
presumed to have not incurred a Separation from Service if the Executive continues to provide
services to Employer in an annualized amount that is 50% or more of the services rendered, on
average, during the immediately preceding three years of employment (or if employed less than three
years, such lesser period). A Separation from Service will not have occurred if immediately
following the Executive’s termination of employment, the Executive becomes an employee of any
Affiliate of Employer, unless the services to be performed would be in amount that would result in
the presumption that a Separation from Service had occurred.

     5. Section 5(e)(ii), now Section 5(f)(ii), is amended to provide as follows:

	 	(ii)	 	the Executive’s Permanent Disability, which shall mean the
Executive’s inability to engage in any substantial gainful activity by reason
of any medically determinable physical or mental impairment which can be
expected to result in death or can be expected to last for a continuous period
of not less than 12 months; or (ii) is, by reason of any medically determinable
physical or mental impairment which can be expected to result in death or can
be expected to last for a continuous period of not less than 12 months,
receiving income replacement benefits for a period of not less than 3 months
under an accident and health plan covering employees of the Executive’s
employer ;

     6. The final paragraph of Section 5(h)(ii), now section 5(i)(ii) is amended to provide as
follows:

Notwithstanding the foregoing, no event described in this Section shall be
considered a Change of Control, unless the event also constitutes a change
in the ownership or effective control pursuant to Code Section
409A(a)(2)(A)(v) and the regulatory guidance promulgated thereunder.

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

	 	 	 	 	 	 	 
	CENTRUE FINANCIAL CORPORATION, INC.	 	 	 	 
	 
	 	 	 	 	 	 
	By:

	 	/s/Heather M. Hammitt
	 	/s/Thomas A. Daiber	 	 
	 

	 	 
	 	 	 	 
	 

	 	 	 	THOMAS A. DAIBER	 	 
	Its: EVP/Head of HR & Corporate Communications	 	 	 	 

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