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SECOND AMENDMENT TO HOTEL MANAGEMENT AGREEMENT

This SECOND AMENDMENT TO HOTEL MANAGEMENT AGREEMENT (this “Second Amendment”) is made and entered as of the 23rd day of February, 2022, by and among INVERSIONES VILAZUL, S.A.S, a corporation existing under the laws of the Dominican Republic (f/k/a Inversiones Vilazul, S.A.) (“Owner”), ___________________, a company duly organized and legally existing under the laws of Panama (“___________________”, which is successor-by-assignment to ___________________, a corporation organized under the laws of Nevis (“___________________”)) and ___________________, a company duly organized and legally existing under the laws of the Dominican Republic (successor-by-assignment to ___________________, “___________________”; and together with ___________________, “Operator”). 

    RECITALS

A.    Owner, ___________________, and Perfect Tours, N.V. entered into that certain Hotel Management Agreement dated as of December 20, 2007, as amended by that certain First Amendment to Hotel Management Agreement, dated as of August 12, 2013, as assigned by Perfect Tours N.V., a company organized under the laws of the Netherlands Antilles and existing under the laws of Curacao, to Beach Tour Sales, LLC, a former limited liability company organized under the laws of Nevis (“Beach Tour Sales”), pursuant to that certain Assignment Agreement, dated January 1, 2014, as further partially assigned by ________ to ________ pursuant to that certain Marketing Rights Assignment, dated August 13, 2018, as further  assigned by ________ to ________ pursuant to that certain Operation Rights Assignment, dated December 20, 2018, and as further assigned by Playa Resorts Holding B.V., a private limited liability company organized under Dutch law, as successor by operation of law to Beach Tour Sales, to Owner pursuant to that certain Assignment and Assumption Agreement, dated as of January 23, 2020 (collectively, as amended and assigned the “Management Agreement”), pursuant to which Operator agreed to manage the Hotel on behalf of Owner.

B.    Owner and Operator desire to amend the Management Agreement on the terms, provisions and conditions set forth herein. All capitalized terms referred to in this Second Amendment that are not defined herein shall have the meanings set forth in the Management Agreement.

    NOW THEREFORE, in consideration of the mutual promises and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:

1.Section 2.2 of the Management Agreement is hereby deleted in its entirety and replaced by the following:

Section 2.2    Term.  The term hereof shall start on the Effective Date and continue up to and including December 20, 2022 (hereinafter referred to as the “Term.

2.Owner and Operator shall (and Owner and Operator shall cause their respective affiliates to, as applicable) execute: (i) at least thirty (30) days prior to the expiration of the Term, a Termination of Hotel Management Agreement in the form attached hereto as Exhibit A, and (ii) concurrently with the expiration of the Term, a Termination and Release of Transaction Agreement in the form attached hereto as Exhibit B.

3.Except as modified herein, (i) the Management Agreement shall remain unmodified and in full force and effect and (ii) the Management Agreement, and the terms and provisions thereof, are hereby ratified and confirmed.  If there is any conflict between this Second Amendment and the Management Agreement, this Second Amendment shall govern and control.

4.This Second Amendment may be executed in counterparts, each of which shall be deemed and original and all of which shall be deemed one and the same instrument.

[Remainder of page intentionally left blank]
2

    IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment as of the date first above written.
OPERATOR:
____________________________________
a company duly organized and legally existing under the laws of the Dominican Republic
By:    
Name:    
Title:    

____________________________________
a company duly organized and legally existing under the laws of Panama
By:    
Name:    
Title:    
OWNER:
INVERSIONES VILAZUL, S.A.S., 
a corporation duly organized and legally existing under the laws of the Dominican Republic
By:    
Name: Bruce D. Wardinski
Title:  Authorized Person
[Signature Page to Second Amendment to Hotel Management Agreement-Dreams Punta Cana]lob-ex10520_8.htm

 

Exhibit 10.5.20

 

 

Amendment

 

This Amendment (“Amendment”) is effective as of the date that both parties have executed this Amendment (the “Amendment Effective Date”) and amends the nCino, LLC Software Service Agreement dated November 1, 2012, as amended (the “Agreement”) entered into by and between nCino, Inc. (“nCino”) and Live Oak Bank (“Subscriber”).  Capitalized terms used but not otherwise defined in this Amendment shall have the meanings assigned to them in the Agreement.

 

In exchange for the consideration detailed herein, and other good and valuable consideration, the receipt of which is acknowledged by both parties, the parties do hereby agree as follows:

 

1.        Subscriber hereby purchases access and use rights for the additional Subscription Services set forth in Exhibit A below (the “Additional Subscription Services”) commencing on the Amendment Effective Date.   Accordingly: (i) Attachment A to the Agreement shall be amended to include the Additional Subscription Services set forth in Exhibit A below effective as of the Amendment Effective Date,  and   (ii)   the   Additional   Subscription   Services   will   activate   in   Subscriber’s   Org   ID 00D3k000000uAXY as soon as practicable following the Amendment Effective Date. The initial invoice for the Additional Subscription Services will be issued as of the date the Additional Subscription Services are activated, pro-rated for the initial year of activation, as applicable.  Thereafter, Subscriber will be invoiced the full annual amount of the Fees for the Additional Subscription Services on each annual invoice date for the remainder of the Term of the Agreement. The term for the Additional Subscription Services will run co-terminously with the Term of the Agreement.

 

Exhibit A

 

		
	
Product*
	
Price

	
nCino Sandbox, Partial Copy
	
5% of Total Annual Subscription Fees

	
nCino Sandbox, Partial Copy
	
5% of Total Annual Subscription Fees

*The specific features, functionality and limitations of the Product(s) are set forth in the Documentation.

The Subscription Services include a specific amount of data and file storage capacity. Additional storage capacity can be purchased if needed.

 

2.        Except as set forth in this Amendment, the Agreement is unaffected and shall continue in full force and effect in accordance with its terms.  Any further modification or amendment to the Agreement must be set forth in writing in a document executed by both parties. 

 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the dates shown below their respective signatures.

 

	
nCino
	
Subscriber

	
Signature:  /s/ Charles Ragland
	
Signature:   /s/ Renato Derraik

	
Name:  Charles Ragland
	
Name:  Renato Derriak

	
Title:  Global Sales 
	
Title:  Chief Information and Digital Officer

	
Date:  11/4/2021
	
Date:  11/3/2021

 

 

Page 1 of 1EX-4.6

   

  Exhibit 4.6

  Description of H&E Equipment Services, Inc.’s Common Stock

   

          The following description of our common stock is a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to our Amended and Restated Certificate of Incorporation (the “certificate of incorporation”) and our Amended and Restated Bylaws (the “bylaws”), each of which are incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit 4.8 is a part. We encourage you to read our certificate of incorporation, our bylaws and the applicable provisions of Delaware General Corporation Law for additional information.

   

  General

    

  We are authorized to issue up to 175,000,000 shares of common stock, par value $0.01 per share, and 25,000,000 shares of preferred stock, par value $0.01 per share.

   

  Voting

   

  The holders of our common stock are entitled to one vote for each share held of record on all matters submitted to a vote of the stockholders. Our stockholders do not have cumulative voting rights in the election of directors. 

   

  Dividends

   

  Subject to preferences that may be granted to any outstanding shares of preferred stock, holders of our common stock are entitled to receive ratably those dividends as may be declared by our board of directors out of funds legally available therefore, as well as any other distributions made to our stockholders.

   

  Rights Upon Liquidation

   

  In the event of our liquidation, dissolution, or winding up, holders of our common stock are entitled to share ratably in all of our assets remaining after we pay our liabilities and distribute the liquidation preference to holders of our outstanding shares of preferred stock. 

   

  Preemptive or Conversion Rights

   

  Holders of our common stock have no preemptive or other subscription or conversion rights. There are no redemption or sinking fund provisions applicable to our common stock.

   

  Preferred Stock

   

  Our board of directors has the authority, without further action by our stockholders, to issue our preferred stock in one or more series and to fix the rights, preferences, privileges, and restrictions thereof. These rights, preferences, and privileges include dividend rights, conversion rights, voting rights, terms of redemption, liquidation preferences, sinking fund terms, and the number of shares constituting any series or the designation of such series, any or all of which may be greater than the rights of our common stock. The issuance of our preferred stock could adversely affect the voting power of our holders of common stock and the likelihood that such holders will receive dividend payments and payments upon liquidation. In addition, the issuance of our preferred stock could have the effect of delaying, deferring, or preventing a change in our control.

   

  Registration Rights

   

  In connection with certain transactions involving us and our predecessors (the “Prior Transactions”), a predecessor company (“H&E Holdings”) entered into a registration rights agreement with affiliates of Bruckmann, Rosser, Sherrill & Co., Inc. (“BRS”), certain members of management and certain other entities. In connection with our 

   

  

   

  initial public offering in February 2006, the parties amended and restated the registration rights agreement to provide that the registration rights agreement thereafter applies to our common stock held by the parties.

   

  In connection with the Prior Transactions, H&E Holdings entered into an investor rights agreement with affiliates of BRS, Credit Suisse First Boston Corporation and other members of H&E Holdings (the “Investors”). In connection with our initial public offering in February 2006, the parties amended and restated the investor rights agreement to, among other things, provide that the investor rights agreement thereafter applies to our common stock held by the parties. Pursuant to the terms of the restated investor rights agreement, subject to certain conditions, Investors holding 33% or more of the equity interests issued to the Investors on the date of the investor rights agreement (or successor securities) have the right on any two occasions to require us to register all or part of such equity interests under the Securities Act of 1933, as amended (the “Securities Act”), at our expense. In addition, the Investors are entitled to request the inclusion of any equity interests subject to the investor rights agreement in any registration statement at our expense whenever we propose to register any of our equity interests under the Securities Act. In connection with all such registrations, we agreed to indemnify the Investors against certain liabilities, including liabilities under the Securities Act.

   

  Anti-takeover Effects of Provisions of Our Certificate of Incorporation and Bylaws

   

  Certain provisions of our certificate of incorporation and bylaws could have anti-takeover effects. These provisions are intended to enhance the likelihood of continuity and stability in the composition of our corporate policies formulated by our board of directors. In addition, these provisions also are intended to ensure that our board of directors will have sufficient time to act in what our board of directors believes to be in the best interests of us and our stockholders. These provisions also are designed to reduce our vulnerability to an unsolicited proposal for our takeover that does not contemplate the acquisition of all of our outstanding shares or an unsolicited proposal for the restructuring or sale of all or part of us. The provisions are also intended to discourage certain tactics that may be used in proxy fights. However, these provisions could delay or frustrate the removal of incumbent directors or the assumption of control of us by the holder of a large block of common stock, and could also discourage or make more difficult a merger, tender offer, or proxy contest, even if such event would be favorable to the interest of our stockholders.

   

  Written Consent of Stockholders. Our certificate of incorporation and bylaws provide that any action required or permitted to be taken by our stockholders must be taken at a duly called meeting of stockholders and not by written consent. Elimination of actions by written consent of stockholders may lengthen the amount of time required to take stockholder actions because actions by written consent are not subject to the minimum notice requirement of a stockholder's meeting. The elimination of actions by written consent of the stockholders may deter hostile takeover attempts. Without the availability of actions by written consent of the stockholders, a holder controlling a majority of our capital stock would not be able to amend our bylaws without holding a stockholders meeting. To hold such a meeting, the holder would have to obtain the consent of a majority of the board of directors, the chairman of the board or the chief executive officer to call a stockholders' meeting and satisfy the applicable notice provisions set forth in our bylaws.

   

  Amendment of the Bylaws. Under Delaware law, the power to adopt, amend or repeal a corporation's bylaws is conferred upon the stockholders. A corporation may, however, in its certificate of incorporation also confer upon the board of directors the power to adopt, amend or repeal its bylaws. Our certificate of incorporation and bylaws grant our board the power to alter, amend and repeal our bylaws, or adopt new bylaws, on the affirmative vote of a majority of the directors then in office. Our stockholders may alter, amend or repeal our bylaws, or adopt new bylaws, but only at a regular or special meeting of stockholders by an affirmative vote of not less than 662/3% in voting power of all outstanding shares of our capital stock entitled to vote generally at an election of directors, voting together as a single class.

   

  Amendment of Certificate of Incorporation. The provisions of our certificate of incorporation that could have anti-takeover effects as described above are subject to amendment, alteration, repeal, or rescission either by (i) our board of directors without the assent or vote of our stockholders or (ii) the affirmative vote of not less than 662/3% in voting power of all outstanding shares of our capital stock entitled to vote generally at an election of directors, voting together as a single class, depending on the subject provision. This requirement makes it more difficult for stockholders to make changes to the provisions in our certificate of incorporation which could have anti-takeover 

   

  

   

  effects by allowing the holders of a minority of the voting securities to prevent the holders of a majority of voting securities from amending these provisions.

   

  Special Meetings of Stockholders. Our bylaws preclude our stockholders from calling special meetings of stockholders or requiring the board of directors or any officer to call such a meeting or from proposing business at such a meeting. Our bylaws provide that only a majority of our board of directors, the chairman of the board, the chief executive officer or the president can call a special meeting of stockholders. Because our stockholders do not have the right to call a special meeting, a stockholder cannot force stockholder consideration of a proposal over the opposition of the board of directors by calling a special meeting of stockholders prior to the time a majority of the board of directors, the chairman of the board, the chief executive officer or the president believes the matter should be considered or until the next annual meeting provided that the requestor met the notice requirements. The restriction on the ability of stockholders to call a special meeting means that a proposal to replace board members also can be delayed until the next annual meeting.

   

  Undesignated Preferred Stock. The authority that our board of directors possess to issue preferred stock could potentially be used to discourage attempts by third parties to obtain control of us through a merger, tender offer, proxy contest or otherwise by making such attempts more difficult or more costly. Our board of directors may be able to issue preferred stock with voting rights or conversion rights that, if exercised, could adversely affect the voting power of the holders of common stock.

   

  Other Limitations on Stockholder Actions. Advance notice is required for stockholders to nominate directors or to submit proposals for consideration at meetings of stockholders. This provision may have the effect of precluding the conduct of certain business at a meeting if the proper notice is not provided and may also discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer's own slate of directors or otherwise attempting to obtain control of our Company. In addition, the ability of our stockholders to remove directors without cause is precluded. Also, the certificate of incorporation does not permit cumulative voting in the election of directors. Instead, any election of directors will be decided by a plurality of the votes cast (in person or by proxy) by holders of our common stock.

   

  Transfer Agent and Registrar

   

          The transfer agent and registrar for shares of our common stock is Computershare Trust Company, N.A.

   

  Listing

   

          Our common stock is listed on The Nasdaq Global Select Market under the symbol "HEES.”

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