Document:

AMENDMENT TO RESTRICTED STOCK SUBSCRIPTION
AGREEMENT

 

Amendment (this “Amendment”)
dated as of November 14, 2013 to the Restricted Stock Subscription Agreement (the “Agreement”) dated November 15, 2011
by and between TG Therapeutics, Inc. (the “Company” or “TG”) and Sean A. Power (“Power”). All
capitalized terms not otherwise defined herein shall have the meanings given to them in the Agreement.

 

WHEREAS, on November 15, 2011 Power purchased
150,000 restricted shares of TG common stock, $0.001 par value, and pursuant to the Agreement 25,000 of such shares (the “Shares”)
have a repurchase option that is scheduled to lapse on November 15, 2013;

 

WHEREAS, the Company believes that it is
in its best interest to amend the vesting schedule in the Agreement; and

 

WHEREAS, the Company and Power have agreed
to amend the Agreement.

 

NOW THEREFORE, in consideration of the foregoing
and of the mutual covenants hereinafter set forth, the parties agree as follows:

 

		1.	Amendments.

The repurchase option lapse schedule
on page 2 of the Agreement with regard to the Shares shall be amended by deleting ”November 15, 2013” and inserting
“January 1, 2015”.

 

		2.	Effect on the Agreement.

 

(a)    Upon the effectiveness
of this Amendment, each reference in the Agreement to “this Agreement” “hereunder”, “hereof”,
“herein” or words of like import shall mean and be a reference to the Agreement as amended hereby.

 

(b)    Except as expressly amended,
the Agreement and all other documents and agreements executed and/or delivered in connection therewith, shall remain in full force
and effect.

 

		3.	Governing Law.

 

This Amendment shall be binding
upon and inure to the benefit of the parties hereto and their respective successors and assigns and shall be governed by and construed
in accordance with the laws of the State of New York. 

 

		4.	Counterparts.

 

This Amendment may be executed
by the parties hereto in one or more counterparts, each of which shall be deemed an original and all of which when taken together
shall constitute one and the same agreement.

 

 

 

    	-1-

    	 

    

 

 

IN WITNESS WHEREOF, TG Therapeutics, Inc.
and Sean Power have executed this Amendment to the Restricted Stock Agreement as of the date first written above.

 

 

	 	TG THERAPEUTICS, INC.
	 	 	 
	 	 	 
	 	By:	/s/ Michael S. Weiss  	 
	 	 	Michael S. Weiss
	 	 	Chief Executive Officer
	 	 	 
	 	 	 
	 	/s/ Sean Power	 
	 	Sean Power	 

 

 

 

 

 

 

    	-2-Icahn Enterprises, LP

767 5th Avenue

Suite 4700

New York, NY 10153

 

  

 

November 8, 2013

 

 

  

 

Dear Dan:

 

This letter will confirm
the agreement of you and Icahn Enterprises L.P. with respect to your employment with Icahn Enterprises. Your employment agreement
(the “Agreement”) with Icahn Enterprises L.P. dated February 1, 2013 is hereby amended and supplemented as follows
(such Agreement, as amended and supplemented hereby, the “Employment Agreement”):

 

1.                 
Notwithstanding the first sentence of Section 2 of the Agreement, your employment under the Employment Agreement will continue
until terminated in accordance with the terms of the Employment Agreement.

 

2.                 
Notwithstanding Section 6 of the Agreement, beginning January 1, 2014 your Salary under the Employment Agreement will be at a rate
of $100,000 (one-hundred thousand dollars) every two weeks. In addition, you will receive a bonus for 2013 in the amount of $300,000
(three-hundred thousand dollars), payable on or before November 22, 2013.

 

3.                 
Notwithstanding Sections 5 and 7 of the Agreement:

 

Your employment under
the Employment Agreement is terminable without Cause by Icahn Enterprises only upon 90 days prior written notice to you, or as
set forth below in this Section 3. In addition, at its option Icahn Enterprises may terminate your employment on less than 90 days
notice without Cause by providing written notice of a future date (which future date shall not be more than 90 days following the
giving of such notice)on which your employment will end (such future date, the “End Date”), but in such event Icahn
Enterprises shall continue to pay your Salary at the rate of $100,000 per two week period from the date of the giving of such notice
through the 90th day following the date of the giving of such notice (and in such event you shall, if so requested by
Icahn Enterprises, continue to provide the services contemplated in Sections 1 and 3 of the Employment Agreement through the End
Date).

 

Notwithstanding the
last sentence of Section 7(d) of the Agreement, you may resign your employment only upon 90 days prior written notice to Icahn
Enterprises (any such notice by you to Icahn Enterprises, an “Employee 90 Day Notice”) or in accordance with the Employment
Agreement for Good Reason. The 90 day period beginning on the date of your giving of the Employee 90 Day Notice to Icahn Enterprises
is referred to as the “90 Day Period”.

 

    	 

    	 

    

 

You agree that you
will not, at any time during your employment with Icahn Enterprises, seek or discuss employment with another employer or potential
employer, unless, you have previously given the 90 Day Notice to Icahn Enterprises.

 

In the event that you
give Icahn Enterprises an Employee 90 Day Notice: (x) you shall, unless otherwise requested by Icahn Enterprises, continue to provide
the services contemplated in Sections 1 and 3 of the Agreement (the “Service Obligation”) through the last day of the
90 Day Period; and (y) at its option Icahn Enterprises may at any time after your giving of the Employee 90 Day Notice to Icahn
Enterprises, terminate your employment by providing written notice to you of any date prior to the last day of the 90 Day Period
on which your employment will end. In such event, so long as you comply with the Service Obligation, Icahn Enterprises will be
obligated to continue to pay you the Salary at the rate of $100,000 per two week period from the date that you give the Employee
90 Day Notice through (and only through) the 30th day following the date of your giving such Employee 90 Day Notice,
or if later, such date as you cease to be employed by Icahn Enterprises (but in any event not later than the last day of the 90
Day Period).

 

Section 7(c) of the
Agreement is hereby deleted.

 

4.                 
Section 10 and 11 of the Agreement are deleted and replaced with the following:

 

During the period that
Employee is employed under this Agreement and for one year thereafter, Employee will not, directly or indirectly, solicit or aid
in the solicitation of employees of Employer or any member of the Icahn Group for employment by any other person or entity. During
the course of his employment hereunder, Employee shall not compete directly or indirectly with the business or businesses of Employer
or of any member of the Icahn Group.

 

During the Term Employee
shall provide services solely as provided in this Agreement and on a full time basis.

 

Should Employee’s
employment hereunder cease due to: (A) his resignation without Employee providing the Employee 90 Day Notice (other than resignation
in accordance with the Employment Agreement for Good Reason); or (B) for Cause (it being agreed that failure by Employee to provide
services under the Employment Agreement as a result of a disability shall not constitute “Cause”), then Employee shall
not, for a period of 180 days following the last day of such employment, engage in any activity, whether as an employee, representative,
agent, officer, director, partner, member, holder of more than 5% of the outstanding stock or any combination thereof, on behalf
of ANY PERSON OR ENTITY (other than a charitable or non-profit organization that is not a competitor of any member of the
Icahn Group from which Employee receives no compensation either during or after such 180 day period), including but not
limited to any person or entity included in the Icahn Group or any competitor of any person or entity included in the Icahn
Group.

 

    	 

    	 

    

 

Employee hereby acknowledges
that the provisions of Section 9 of the Agreement, and this Section 4, are reasonable and necessary for the protection of Employer
and the Icahn Group and the other persons or entities referred to therein, are not unduly burdensome to Employee, and the Employee
also acknowledges his obligations under such covenants. Employee further acknowledges that the Employer and the Icahn Group and
the other persons or entities referred to therein will be irreparably harmed if such covenants are not specifically enforced. Accordingly,
Employee agrees that, in addition to any other relief to which the Employer may be entitled, including claims for damages, each
of the persons and entities that are included in the Icahn Group and the other persons and entities referred to therein shall be
entitled to seek and obtain injunctive relief (without the requirement of any bond) from a court of competent jurisdiction for
the purpose of restraining Employee from an actual or threatened breach of such covenants.

 

5.                 
Any capitalized term not defined in this letter shall have the meaning attributed to it in the Agreement. References to
“you” or “Employee” refers to Daniel A. Ninivaggi.

 

Please execute this
letter below to evidence our mutual agreement to the matters set forth herein.

 

	 	Icahn Enterprises LP
	 	 
	 	By:	Icahn Enterprises G.P.,
	 	 	Its general partner
	 	 	 
	 	By:	/s/ Carl Icahn
	 	 	Carl Icahn,
	 	 	Chairman of the Board

 

	Agreed and accepted	 
	 	 
	 	 
	/s/ Daniel A. Ninivaggi	 
	Daniel A. Ninivaggi	 

  

 

 

 

[Signature page to November 8, 2013 Ninivaggi
employment letter]Exhibit 10.54

 

	CiG Wireless Corp	 	 	 	 	 	     
	 	5 Concourse 

Parkway, Suite 3100	phone:	678 332 5000	 	email:	info@cigwireless.com
	 	Atlanta GA, 30328	fax:	
        678 332 5050

         
	 	web:	www.cigwireless.com

 

September 20, 2013

  

 

B. Eric Sivertsen

 

4841 Foxhall Crescent, N.W.

 

Washington, D.C. 20007

  

Re:Severance Agreement

 

Dear Eric:

  

This letter severance agreement (this “Severance
Agreement”) confirms the understanding that has been reached between you and CIG Wireless Corp., a Nevada corporation (the
“Company”) regarding the termination of your employment with the Company.

  

1.Your employment
as Executive Vice President of Legal and Compliance with the Company was terminated without cause effective August 29, 2013 (the
“Termination Date”). As of the Termination Date, (a) you no longer hold any employed position with the Company, and
(b) any employment agreements between you and the Company, and any and all other agreements, promises, covenants, commitments,
arrangements and understandings relating to your employment by the Company or the termination of that employment that may have
existed (or may have been deemed to exist) between you, on the one hand, and the Company or any of its officers, directors, employees
or affiliates (the “Releasees”), on the other hand, shall have terminated and ceased to be of any force or effect,
except as expressly provided in this Severance Agreement. All work you performed on behalf of the Company as an employee, if any,
ceased as of the Termination Date. 

  

2.On the next regularly
scheduled pay day, the Company shall pay to you your accrued, but unused vacation pay through and including the Termination Date
in accordance with the Company’s vacation policy. You acknowledge and agree that, as of the Termination Date, your Base Salary
is $175,000 per annum and that the accrued and unused vacation, if any, payable pursuant to this provision shall be calculated
on the basis of such amount but solely with respect to the pro-rated period of time during which you actually worked as an employee
for the Company. The Company will also reimburse you for any outstanding reasonable business expenses as required by the Company’s
policy. Except for the payment of the amounts pursuant to this Section 2 and Section 3, after the Termination Date, you shall no
longer be entitled to any payments or benefits from the Company or any of its affiliates. You will have the right to continue your
group health insurance under COBRA. Your rights pursuant to COBRA will be sent to you under separate cover.

 

    	 

    	 

    

 

Exhibit 10.54

 

3.In exchange for
the promises you have made in this Severance Agreement, during the Severance Period (defined below), the Company will pay you the
equivalent of three (3) months’ salary, less applicable payroll deductions (“Severance Payments”). The Company
will make Severance Payments pursuant to its standard payroll practices, and the first such payment will be made to you on the
first pay day immediately following the Effective Date (as defined below) and will continue in accordance with the Company’s
ordinary course of business payroll procedures basis for the three (3)-month period immediately thereafter (this time period, the
“Severance Period”) unless accelerated at the sole discretion of the Company.

  

4.The restrictive
covenants in the Employment Agreement are hereby replaced in their entirety by the following:

 

		(a)	During the Restrictive Period, neither you nor the Company
will make any statement, oral or written (including but not limited to any written statement posted on or through any social media
or other website), that is disparaging or derogatory or directly or indirectly impugns the quality or integrity of the other.

 

		(b)	During the Restrictive Period, you will not, on your
own behalf or on behalf of any person, directly or indirectly, within a two-mile radius of any Wireless Towers (defined below):
(i) engage in Competitive Business, or (ii) accept Competitive Business from any of the Company’s customers.

 

		(c)	For purposes of the foregoing: (i) “Competitive Business” means the business
of construction, maintenance, leasing of wireless communications towers to wireless service providers or the operation of wireless
communications towers; (ii) “Restrictive Period” means the period of 12 months beginning on the Termination
Date; and (iii) “Wireless Towers” means the Liberty Tower assets described in Exhibits A, B, C and D of the
Purchase and Sale Agreement by and between CIG Wireless Corp. and Liberty Towers, LLC, dated May 3, 2013.

 

5.The Severance
Payments contained in Section 3 and the amendments to the restrictive covenants contained in the Employment Agreement contained
in Section 4 above are collectively referred to as the “Severance Package.” You represent and warrant to the Company
that the Severance Package constitutes adequate and sufficient consideration in all respects for all of the covenants and agreements
made by you in this Severance Agreement.

 

6.You hereby agree,
effective as of the Termination Date, to knowingly and voluntarily release and discharge the Releasees from any and all claims,
charges, complaints, promises, agreements, controversies, liens, demands, causes of action, obligations, damages and liabilities
of any nature whatsoever, known or unknown, suspected or unsuspected, which against them you or your executors, administrators,
successors or assigns ever had, now have, or may hereafter claim to have against the Releasees by reason of any matter, cause,
or theory whatsoever arising on or before the Termination Date, and whether or not previously asserted before any state or federal
court or before any state or federal agency or governmental entity and relating to your employment by the Company or the termination
of that employment (the “Release”). The Release includes, without limitation, any and all rights or claims relating
in any way to your employment relationship or the termination of your employment pursuant to the Employment Agreement, including
those arising under any statute or regulation related to employment, including, but not limited to, Title VII of the Civil Rights
Act of 1964, the Civil Rights Act of 1991, the Americans with Disabilities Act of 1990, the Employee Retirement Income Security
Act of 1974, (other than any vested ERISA rights), the Age Discrimination in Employment Act (“ADEA”) each as amended,
or any other federal, state, local or foreign law, regulation, ordinance, common law, or under any policy, agreement, understanding
or promise, written or oral, formal or informal, between you and the Company or any of the other Releasees, in each case to the
extent, and only to the extent, related to your employment by the Company or the termination of that employment. You represent
and warrant to the Company and the other Releasees that you have not commenced or joined in any claim, charge, action or proceeding
whatsoever against the Company or any of the other Releasees arising out of or relating to any of the matters set forth in this
Section as of the date of your signature of this Severance Agreement, and you have not assigned or granted any rights in such regard
nor have you pledged any such rights (contingent or otherwise) as security interest to any third party. You further covenant and
agree that you will not initiate any action or litigation against the Company or any Releasees or seek in any forum in any jurisdiction,
enforcement of any rights or entitlements with respect to any claim, charge, action or proceeding whatsoever against the Company
or any other of the Releasees for any of the matters set forth in this Section. This release shall not apply to your rights under
this Severance Agreement or to any rights you have or may have by reason of your relationship to Liberty Towers, LLC, including
rights related to the Company’s securities that have been or may be issued pursuant to the Purchase and Sale Agreement by
and between CIG Wireless Corp. and Liberty Towers, LLC, dated May 3, 2013.

  

    	 

    	 

    

 

Exhibit 10.54

 

7.The Company has
recommended that you consult with an attorney of your choosing prior to signing this Severance Agreement. You represent that you
understand and agree that you have such right and you have been given ample opportunity to review this Severance Agreement and,
specifically, the Release in Section 6 above, with an attorney of your choice should you so desire. You further represent and warrant
to the Company and the other Releasees that you have entered into this Severance Agreement freely and voluntarily.

  

8.You shall have
twenty-one (21) days from the date of this letter to consider and sign this Severance Agreement, although you may sign sooner if
you choose. Once you have signed this Severance Agreement, you shall have seven (7) additional days from the date of execution
to revoke your consent to the Release of claims you may have under the ADEA pursuant to Section 6 above. Any revocation within
this period must be sent in writing pursuant to Section 15 and state, “I hereby revoke my waiver of my rights under the ADEA
contained in Section 4 of our Severance Agreement.” The “Effective Date” of this Severance Agreement shall be
the eighth day following the date of signing of this Severance Agreement by Employee. If the last day of the revocation period
is a Saturday, Sunday, or legal holiday, then the revocation period shall not expire until the next following day which is not
a Saturday, Sunday, or legal holiday. You have no right to revoke any other terms of this Severance Agreement once it is executed.
Once executed, all other terms of this Severance Agreement are enforceable regardless of any revocation of the ADEA waiver.

  

9.During the Severance
Period, you further agree, following the date hereof, to reasonably cooperate with the Company and its officers and employees to
take such actions as may be necessary for an orderly transition, including, but not limited to, transfer and execution of any and
all necessary documents to terminate your employment and to implement the transactions contemplated hereby. You understand and
agree that after the Termination Date, your services for the Company will not be those of an employee. Accordingly, neither your
performance of any services as requested herein nor the Company’s payment of the Severance Payments will operate to deviate
from or nullify the understanding between you and the Company that your employment with the Company has definitively and irrevocably
ended as of the Termination Date.

 

10.No later than
five (5) calendar days after you sign this Severance Agreement, you shall return to the Company any and all of its property
still in your possession, including without limitation any of your work product and other trade secret and confidential information,
which are the property of the Company, any physical property, documents, data files containing information belonging to the Company
or its affiliates and on the date hereof you shall return any credit cards, keys, access cards, passwords and similar items in
your possession. In the event that you discover any such item or information at any time thereafter, as the case may be, you shall
promptly return them to the Company. The Company acknowledges that you are not, to its knowledge, in possession of any property
required to be returned pursuant to this Section.

 

11.We agree that
if either party breaches any provision of this Severance Agreement, the non-breaching party shall be entitled to seek enforcement
of the applicable provisions therein, and the breaching party shall indemnify and hold harmless the non-breaching party in such
regard (including, without limitation, reimbursement of any and all reasonable fees, costs, expenses and disbursement of legal
counsel incurred in connection therewith), in addition to any other right or remedy, equitable relief, without the necessity of
proving the inadequacy of monetary damages or the posting of any bond or security, enjoining or restraining the breaching party
from any such violation or threatened violation.

  

    	 

    	 

    

 

Exhibit 10.54

 

12.It is the desire
and intent of both the Company and you that the provisions of this Severance Agreement shall be enforced to the fullest extent
permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. In the event that any
one or more of the provisions of this Severance Agreement shall be held to be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remainder of this Severance Agreement shall not in any way be affected or impaired thereby.

  

13.The obligations
hereunder are binding on you and the Company and you or its respective successors by law or contract.

  

14.This Severance
Agreement sets forth the entire agreement and understanding of the parties with respect to the subject matter hereof and supersedes
all prior agreements, arrangements, letters, undertakings and understandings of any nature or kind, written or oral, between you,
on the one hand, and the Company or any of the Releasees, on the other hand, related to your employment by the Company or the termination
of that employment.

  

15.This Severance
Agreement cannot be modified, altered or amended except by a writing signed by both parties. No waiver by either party of any provision
or condition of this Severance Agreement at any time shall be deemed a waiver of such provision or condition at any prior or subsequent
time or of any other provision or condition at the same or any prior or subsequent time. This Severance Agreement and the provisions
contained in it shall not be construed or interpreted for or against either party because that party drafted or caused that party's
legal representative to draft any of its provisions.

 

16.This Severance
Agreement shall be governed by and construed in accordance with the domestic laws of the District of Columbia, without giving effect
to any choice of law or conflict of law provision or rule (whether of the District of Columbia or any other jurisdiction) that
would cause the application of the laws of any jurisdiction other than the District of Columbia. All disputes and controversies
arising out of or relating to this Severance Agreement shall be finally settled and binding under the Commercial Arbitration Rules
of the American Arbitration Association (“AAA”) in Washington, DC, except that matters requiring injunctive
relief may be brought directly only in the courts of the District of Columbia (including the United States District Court for the
District of Columbia in any matter in which such court has jurisdiction. The place of arbitration shall be Washington, DC. Any
award, verdict or settlement issued under such arbitration may be entered by any party for order of enforcement by any court of
competent jurisdiction. The arbitrator shall have power to take interim measures he or she deems necessary, including injunctive
relief and measures for the protection or conservation of property and disposition of perishable goods. Both parties consent to
the application of District of Columbia substantive law and to the personal jurisdiction of the courts of the District of Columbia.
Both parties agree not to challenge the validity of this Section on grounds of being void as against public policy. In the
event that any suit or action is instituted under or in relation to this Severance Agreement, including without limitation to enforce
any provision in this Severance Agreement, the prevailing party in such dispute shall be entitled to recover from the losing party
all reasonable fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this Agreement,
including without limitation, such reasonable fees and expenses of attorneys and accountants, which shall include, without limitation,
all fees, costs and expenses of appeals.

  

17.For the purpose
of this Severance Agreement, notices, demands, and all other communications provided for hereunder shall be in writing and shall
be deemed to have been duly given when (a) delivered by hand; (b) received by the addressee, if sent with delivery receipt
requested by Express Mail, Federal Express, other express delivery service or first-class prepaid certified mail; or (c) sent
by e-mail, provided that any notice given by email shall only be effective if and when acknowledged in writing by the recipient
of such email, addressed as follows:

  

    	 

    	 

    

 

Exhibit 10.54

 

If to the
Company, to:

  

CIG Wireless
Corp.

 

Attn.: Paul
McGinn, CEO,

 

5 Concourse
Parkway, Suite 3100,

 

Atlanta,
Georgia 30328,

 

and/or by
email to: pmcginn@cigwireless.com

  

 

and if to
you to you at the physical and/or email address set forth on the first page hereof, with a copy (which shall not constitute notice)
to:

 

 

William
Simon

 

Garvey Schubert
Barer

 

1000 Potomac
Street, NW, Suite 500

 

Washington,
DC 20007

 

And/or
by email to: wsimon@gsblaw.com.

 

 

or at such other address as either party
may from time to time specify to the other.

  

18.This
Severance Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but both of which together
shall constitute one and the same instrument. A manual signature on this Severance Agreement or other documents to be delivered
pursuant to this Severance Agreement, an image of which shall have been transmitted electronically, will constitute an original
signature for all purposes. The delivery of copies of this Severance Agreement or other documents to be delivered pursuant to this
Severance Agreement, including executed signature pages where required, by facsimile, “pdf” or other mode of electronic
transmission will constitute effective delivery of this Severance Agreement or such other document for all purposes and each such
exemplar delivered in such manner shall be an original for all purposes.

  

 

[Signature Page Follows]

 

    	 

    	 

    

 

Exhibit 10.54

 

 

Please indicate your acceptance of this
Severance Agreement by signing and returning a copy of this letter.

  

Sincerely yours,

 

 

CIG WIRELESS CORP.

 

	 	By: 	/s/ Paul McGinn	 
	 	 	Paul McGinn	 
	 	 	Chief Executive Officer	 

  

 

Accepted and agreed to as of this ___27th_____
day of September, 2013

 

 

	 	/s/ B. Eric Sivertsen	 
	 	B. Eric Sivertsen

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00223-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00223-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00223-of-00352.parquet"}]]