Document:

Exhibit

         Exhibit 10.1
AMENDMENT NO. 2
 TO
SECOND AMENDED AND RESTATED ADVISORY AGREEMENT
OF
RW HOLDINGS NNN REIT, INC.
This Amendment No. 2 (“Amendment”) to the Second Amended and Restated Advisory Agreement, effective as of August 11, 2017 (the “Agreement”) between and among RW Holdings NNN REIT, Inc. (the “NNN”), Rich Uncles NNN REIT Operator, LLC (the “Advisor”) and BrixInvest, LLC (the “Sponsor”), is hereby entered into as of this 9th day of August, 2019 (the “Effective Date”).  
RECITALS
WHEREAS, the Agreement is currently scheduled to expire on August 11, 2019;
WHEREAS, the  Board of Directors of NNN, including its Independent Directors have approved the renewal of the Agreement until December 31, 2019, subject to the execution and delivery of this Amendment which provides for eliminating the Subordinated Participation Fee (as such term is defined in the Agreement pre-Amendment); and
WHEREAS, the execution and delivery of this Amendment has been duly authorized by each of the Board of Directors of NNN, the Sole Manager and Member of the Advisor and the Board of Managers of the Sponsor which have consented to the Amendment and authorized the execution and delivery of this Consent by the Manager.
AMENDMENT 
The Agreement is hereby amended as follows:
1.  Section 9. (g) Subordinated Participation Fee is hereby deleted from the Agreement together with any and all references to “Subordinated Participation Fee” appearing elsewhere in the Agreement.
IN WITNESS WHEREOF, the undersigned have executed this Amendment effective as of the Effective Date.
	
			
	NNN:
RW Holdings NNN REIT, Inc.
By /s/ RAYMOND J. PACINI
      Raymond J. Pacini
      Chief Financial Officer

	ADVISOR:
Rich Uncles NNN REIT Operator, LLC
By BrixInvest, LLC, its Sole Manager and Member
By /s/ AARON S. HALFACRE
     Aaron S. Halfacre
     Manager
	SPONSOR:
BrixInvest, LLC
By /s/ AARON S. HALFACRE
Aaron S. Halfacre
     Managergemp_Ex10_1

		
			Exhibit 10.1
		

		
			 
		

		
			FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
		

		
			 
		

		
			THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made effective as of the 24th day of July, 2019, by and between GEMPHIRE THERAPEUTICS INC., a Delaware corporation (the “Company”) and STEVE GULLANS (the “Executive”)
		

		
			 
		

		
			RECITALS
		

		
			 
		

		
			The Company and the Executive entered into an Employment Agreement dated effective May 1, 2018  (the “Employment Agreement”).  The Company and the Executive now wish to amend the Employment Agreement as provided herein.
		

		
			 
		

		
			AGREEMENT
		

		
			 
		

		
			NOW, THEREFOR, in consideration of the foregoing and the terms and conditions set forth below, the parties agree as follows:
		

		
			 
		

		
			1.         ADDITION OF A NEW SECTION 5(F) TO THE EMPLOYMENT AGREEMENT.  A new Section 5(f)  shall be added to the Employment Agreement to read as follows:
		

		
			“(f)       If the Company completes a Change in Control with NeuroBo Pharmaceuticals, Inc. (a “NeuroBo Merger”) and: (i) the Company elects not to extend the Employment Period beyond the Initial Term or at the end of any Renewal Term; (ii) the Executive effects a Termination for Good Reason; or (iii) the Company terminates the Executive’s employment other than due to the Executive’s death, a Termination for Cause or a Termination due to a Disability, then in lieu of the benefits payable to the Executive pursuant to Section 5(a) above, provided that the Executive signs and delivers the Release at least seven (7) days prior the effective date of the NeuroBo Merger and does not subsequently revoke the Release prior to the effective date of the NeuroBo Merger, the Executive shall be entitled to the following benefits:
		

		
			(i)         all of the shares subject to the Executive’s Restricted Stock Grant Notice and related Restricted Stock Agreement entered into by and between the Company and the Executive on July 24, 2019 shall fully vest on the effective date of the NeuroBo Merger; and
		

		
			(ii)        the Company shall pay to the Executive:
		

		
			(A)       in a lump sum in cash within thirty (30) days after the effective date of the NeuroBo Merger, an amount equal to $75,000,  subject to a reduction for withholding tax owing on payment of the cash and as a result of the issuance or vesting of restricted stock;  and
		

		
			(B)       the Unconditional Entitlements.
		

		
			For clarity, if Executive becomes eligible to receive payment of benefits under this Section 5(f), Executive will no longer be eligible to receive any benefits pursuant to Sections 3(c) and 5(a).”
		

		
			
		

		
			

		 

		

			1

		

		

		
			 
		

		
			2.         RESTRICTED STOCK AWARD.  In connection with the Executive entering into this Amendment, on the date of this Amendment, the Company shall issue to the Executive a restricted stock award for 300,000 shares of the Company’s common stock pursuant to the terms and conditions of a Restricted Stock Grant Notice, Restricted Stock Agreement and the related attachments (the “Restricted Stock Award”).
		

		
			 
		

		
			3.         SECTION 409A. This Amendment and all transactions in connection therewith are intended to be exempt from or in compliance with Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”), but under no circumstances shall the Company be liable for any tax, interest or penalty imposed on the employee or other detriment suffered by the employee under Section 409A or for any other adverse tax consequences to the employee resulting from this Amendment.
		

		
			 
		

		
			4.         CONSTRUCTION.  Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the Employment Agreement.  The terms of this Amendment amend and modify the Employment Agreement as if fully set forth in the Employment Agreement.  If there is any conflict between the terms, conditions and obligations of this Amendment and the Employment Agreement, this Amendment’s terms, conditions and obligations shall control.  All other provisions of the Employment Agreement not specifically modified by this Amendment are preserved.  This Amendment may be executed in counterparts (including via facsimile,  .pdf or other electronic means of execution and delivery), each of which shall be deemed an original, and all of which together shall constitute one and the same document.
		

		
			SIGNATURES OF THE FOLLOWING PAGE
		

		
			 
		

		
			 
		

		
			

		 

		

			2

		

		

		
			 
		

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

		
			 
		

			
					
						THE EXECUTIVE: 

					
					
						    

					
					
						THE COMPANY: 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						GEMPHIRE THERAPEUTICS INC.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						/s/ Steve Gullans

					
					
						 

					
					
						By: 

					
					
						/s/ Pedro Lichtinger

				
	
					
						STEVE GULLANS

					
					
						 

					
					
						Name: Pedro Lichtinger 

				
	
					
						 

					
					
						 

					
					
						Title: Chair of the Compensation Committee

				

		
			 
		

		 

		

			SIGNATURE PAGE TO

		

		

			FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEX-10.2

 Exhibit 10.2 

SECOND AMENDMENT TO REVOLVING CREDIT AGREEMENT 

This Second Amendment to Revolving Credit Agreement (this “Amendment”) is made as of this 13th day of June, 2019, among CRESCENT CAPITAL BDC, INC., a Delaware corporation (“Borrower”), CAPITAL ONE, NATIONAL ASSOCIATION, a national banking association
(“Capital One”), as administrative agent (“Administrative Agent”), and Capital One, as a Lender (in such capacity, the “Lender”). 

W I T N E S S E T H: 
 WHEREAS,
Borrower, Administrative Agent, and Lenders have entered into a certain Revolving Credit Agreement dated as of June 29, 2017, as amended by that certain First Amendment to Revolving Credit Agreement dated as of June 29, 2018 (as may be
amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), pursuant to which Administrative Agent and the Lenders agreed to provide a revolving credit facility to Borrower in the aggregate
principal amount set forth therein, as evidenced by certain Notes (collectively, the “Note”) made by Borrower in favor of each Lender; 

WHEREAS, the Borrower has requested an extension of the Stated Maturity Date; 

NOW, THEREFORE, the parties hereto agree as follows: 

1.    Defined Terms; References. Unless otherwise specifically defined herein, each term used herein that is
defined in the Credit Agreement has the meaning assigned to such term in the Credit Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference and each reference
to “this Agreement” and each other similar reference contained in the Credit Agreement and other Loan Documents shall, after this Amendment becomes effective, refer to the Credit Agreement as amended hereby. 

2.    Facility Extension. Subject to the satisfaction of the conditions set forth in
Section 4 hereof, the parties hereto agree and acknowledge that, effective as of the date hereof, the Stated Maturity Date is hereby extended to September 29, 2019. No further extension of the
Stated Maturity Date is allowed as a matter of right to the Borrower. 
 3.    Representations and Warranties.
Borrower hereby represents and warrants to Administrative Agent and Lenders that, as of the date hereof: 

(a)    The representations and warranties of the Credit Parties set forth herein and in the other Loan
Documents are true and correct in all material respects on and as of the date of the advance of such Borrowing, with the same force and effect as if made on and as of such date, except with respect to representations and warranties made as of a
specific date, which shall be true and correct on and as of such date; 
 (b)    There exists no
Potential Default or Event of Default. 
 (c)    This Amendment has been duly authorized, executed and
delivered by or on behalf of Borrower and, constitutes the legal and binding obligations of Borrower, enforceable in accordance with its terms, subject to Debtor Relief Laws and equitable principles. 

 (d)    The “Commitment Period” (as that term
is defined in the Constituent Documents of the Initial Borrower) has not been terminated or expired. Without limitation to the foregoing, the Stated Maturity Date, as extended hereby, is not later than sixty (60) days prior to the date on which
the Initial Borrower’s ability to call Capital Commitments for the purpose of repaying the Obligations is terminated. 

4.    Conditions Precedent to Effectiveness. This Amendment shall not be effective until each of the following
conditions precedent has been satisfied to the satisfaction of, or waived in accordance with Section 12.01 of the Credit Agreement, by Administrative Agent and Lenders; 

(a)    Administrative Agent shall have received a fully executed copy of this Amendment duly executed and
delivered by Borrower, Administrative Agent, and Lender. 
 (b)    In connection with this Amendment,
Administrative Agent shall have received all fees and amounts due and payable hereunder on or prior to the date of this Amendment, and, to the extent invoiced, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by Borrower hereunder. 

(c)    No Potential Default or Event of Default shall have occurred and be continuing as of the date of
this Amendment. 
 5.    General Terms. This Amendment, which may be executed in multiple counterparts,
constitutes the entire agreement of the parties regarding the matters contained herein and shall not be modified by any prior oral or written discussions. Delivery of an executed counterpart of a signature page of this Amendment by telecopy or other
electronic imaging transmission (e.g. PDF by email) shall be effective as delivery of a manually executed counterpart of this Amendment. The Borrower hereby ratifies, confirms and reaffirms all of the terms and conditions of the Credit Agreement,
and each of the other Loan Documents to which it is a party and further acknowledges and agrees that all of the terms and conditions of the Credit Agreement shall remain in full force and effect except as expressly provided in this Amendment. Except
where the context clearly requires otherwise, all references to the Credit Agreement in any other Loan Document shall be to the Credit Agreement as amended by this Amendment. This Amendment shall constitute a Loan Document for all purposes. 

6.    Illegality. Any determination that any provision of this Amendment or any application hereof is invalid,
illegal or unenforceable in any respect and in any instance shall not affect the validity, legality or enforceability of such provision in any other instance, or the validity, legality or enforceability of any other provisions of this Amendment.

 7.    Governing Law. This Agreement shall be construed in accordance with and governed by the law of the State
of New York. 
 [SIGNATURES ON FOLLOWING PAGE] 

  
 2 

 IN WITNESS HEREOF, the parties hereto have caused this Amendment to be duly executed
by their respective authorized signatories as of the day and year first written above. 
  

			
	BORROWER:
	
	CRESCENT CAPITAL BDC, INC., a Delaware 
		 	corporation.
		
	By:	 	 /s/ Mike L. Wilhelms

			
		 	Name: Mike L. Wilhelms
		 	Title: Chief Financial Officer, CBDC

 [Signature page to Second Amendment to Revolving Credit Agreement] 

 
			
	ADMINISTRATIVE AGENT AND LENDER:
	
	 CAPITAL ONE, NATIONAL ASSOCIATION, as

		 	Administrative Agent, Managing Agent for the CONA Lender Group, and as Lender
		
	By:	 	 /s/ Archana Uppal

			
	Name:	 	Archana Uppal
	Title:	 	Director

 [Signature page to Second Amendment to Revolving Credit Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}]]