Document:

Exhibit 10.13

 

Contract Number: 

 

Business Cooperation Agreement

 

Party A: Shenzhen Dadi Xintong Guarantee
Co., Ltd. 

Registered Address: A4-17, No.108 Lijia Road, Henggang Street,
Longgang District, Shenzhen City.

 

Party B: Shenzhen Hezhong Fortune Finance
Investment Management Co., Ltd. 

Registered Address: Room 201, Building A, Qianwan 1st
Road, Qianhai Shenzhen-Hongkong Cooperation District, Shenzhen City.

 

Party A establishes
business cooperation relationships with Party B. Party B provides guarantee services for the Party A’s platform users. In
order to regularize the behavior of each parties, to set up a stable, good relationship of business support and cooperation, and
to prevent business risks, both parties are voluntary to sign this agreement based on the relevant laws and regulations and the
regulations of national authorities.

 

Article One Statement and Guarantee of Both Parties

 

Party A is a institution
which has the subject qualification and enough ability to fulfill the guarantee responsibility, engaging in guarantee and its related
business and registered according to the law. It is internally authorized for Party A to establish business cooperation relationship
with Party B. Within the cooperation period, Party A shall follow the rules and regulations of the national authorities and run properly.
The materials provided by Party A to Party B shall be true, complete and valid.

 

Party B is an Internet
Finance Information Services Platform which registered and established according to the law. It is internally authorized to establish
guarantee business cooperation relationship with Party A.

 

Article Two Business Cooperation Content

 

Party A shall provide
an irrevocable guarantee of joint and several liability for the timely payment of the financing project applied by Party B's platform
users. In case of overdue repayment of the financing project applied by the platform users, Party A shall make advance payment
for the financing project of Party B's platform users.

 

The guarantee liability
of Party A is independent from the principal agreement guaranteed, and shall not affect the guarantee effect due to various circumstances
such as the invalidity, revocation or rescission of the main agreement.

 

The specific cooperation content of guarantee between Party
A and Party B shall be subject to the “Agreement on Guarantee Service” signed by Party A, Party B and users of Party
B's platform.

 

    	 	1	 

     

    

 

Article Three Guarantee Deposit

 

Party A shall open a guarantee deposit account
in Party B's fund circulation system (Bank depository system and Third-party payment system) and pay a certain amount of funds.

 

If any business between party a and party
b constitutes a breach of contract, or any loan between party a and other financial institutions constitutes a breach of contract,
party b shall have the right to terminate the business cooperation with party a and require party a to fulfill all guarantee responsibilities
in advance.

 

Article Four Term of Business Cooperation

 

The term of business
cooperation between Party A and Party B shall be one year, starting from the effective date of this agreement. After the termination
of the term, the guarantee business that has occurred shall not be affected by the termination. Party A’s guarantee responsibility
shall remain until all the creditor's rights under the main agreement are realized.

 

Article Five Guaranty Period

 

Party A's guaranty period
for the financing project of Party B's platform users shall be two years from the day after the debt maturity determined by the
main agreement. If the loan is recovered in advance due to the main agreement, the guaranty period shall be two years from the
day after the payment date notified to the principal debtor by Party B.

 

Article Six Business Operation

 

If the mortgage or pledge
guarantee co-exists with the principle creditor’s right, Party B shall have the right to require Party A to undertake the
guarantee responsibility first and Party A can not raise a plead due to this reason, regardless of whether the mortgage (pledge)
is provided by the principal debtor or a third party.

 

After Party A repays
the debts for the principle debtor, Party B shall actively cooperate with Party A to take recourse against the principal debtor.

 

Article Seven The Obligatory and Specific Standards of Guarantee
Responsibility

 

Under any of the following
circumstances, Party B shall have the right to require Party A to perform or perform in advance the guarantee responsibility and
deduct the corresponding amount from the margin account for the purpose of paying the financing project of Party B's platform users.

 

(one) The principal debtor’s debt
(including principal and interest) reaches the debt maturity or reaches the debt maturity in advance;

 

(two) Liquidated damages of the principal
debtor paying by installments accounts for more than 3% of the principal balance of the guaranteed creditor’s right;

 

(three) Any occurrence of the principal
debtor that may endanger the security of the creditor's rights of Party B's platform users;

 

    	 	2	 

     

    

 

(four) Other circumstances in which Party
B has the right to require Party A to perform or perform in advance the guarantee responsibility according to law or the agreement.

 

Article Eight Responsibility for breach of Agreement

 

If Party A violates
the agreement, Party B shall have the right to terminate the business cooperation with Party A and shall have the right to decide
whether to require Party A to perform all guarantee obligations in advance.

 

If any business between
Party A and Party B constitutes breach of the agreement, or any loan between Party A and other financial institutions constitutes
breach of the agreement, Party B shall have the right to terminate the business cooperation with Party A and require Party A to
fulfill all guarantee responsibilities in advance.

 

Article Nine Settlement of Disputes

 

Any dispute arising from the performance
of this agreement shall first be settled by both parties through negotiation. If no agreement can be reached through negotiation,
the dispute shall be settled through litigation in the court of the place where Party B is located.

 

Article Ten Supplementary Article

 

The agreement is
made in duplicate and each of them has the equal legal effect. The agreement comes into force upon being signed (stamped)
by both parties.

 

(The remainder of this page is intentionally left
blank)

 

(Signature Page)

 

Party A: Shenzhen Dadi Xintong Guarantee Co., Ltd. (Stamped)

 

Legal Person:

 

Authorized Agent:

 

Party B: Shenzhen Hezhong Fortune Finance Investment Management
Co., Ltd. (Stamped)

 

Legal Person:

 

Authorized Agent:

 

Date of Signature: 18 December 2017

 

    	 	3EX-10.1

 Exhibit 10.1 

EXECUTION COPY 
 THIS AMENDMENT
NO. 8 (this “Amendment”) dated as of January 11, 2019 is entered into by and among TAXI MEDALLION LOAN TRUST III, a Delaware statutory trust (the “Borrower”), MEDALLION FUNDING LLC (successor by merger to
Medallion Funding Corp.), a New York limited liability company (the “Transferor”), MEDALLION FINANCIAL CORP., a Delaware corporation (“Parent”), MEDALLION CAPITAL, INC., a Minnesota corporation (“Medallion
Capital”), FRESHSTART VENTURE CAPITAL CORP., a New York corporation (“Freshstart” and, together with the Borrower, the Transferor, Parent and Medallion Capital, the “MF/Borrower Related Parties”),
AUTOBAHN FUNDING COMPANY LLC, a Delaware limited liability company (the “Lender”), and DZ BANK AG DEUTSCHE ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN, as agent (in such capacity, the “Agent”). 

PRELIMINARY STATEMENTS 
 A.
Reference is made to (i) the Amended and Restated Loan and Security Agreement dated as of December 12, 2016 among the Borrower, the Lender and the Agent (as amended, restated, amended and restated, supplemented or otherwise modified from
time to time, the “Loan Agreement”) and (ii) the Servicing Agreement dated as of December 12, 2008 by and among the Borrower, the Agent and the Transferor, as Servicer (as amended, restated, amended and restated,
supplemented or otherwise modified from time to time, the “Servicing Agreement” and together with the Loan Agreement, the “Agreements”). Capitalized terms used and not otherwise defined herein shall have the
meanings ascribed to them in the Loan Agreement. 
 B. The parties hereto have agreed to amend the Agreements on the terms and conditions
hereinafter set forth. 
 NOW, THEREFORE, in consideration of the premises set forth above, and other good and valuable consideration the
receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 SECTION 1. Amendments to the Loan
Agreement. Effective as of the Effective Date (as defined below), the Loan Agreement is hereby amended as follows: 
 1.1
Clause (a) of the definition of “Financial Covenant Default” set forth in Section 1.01 of the Loan Agreement is hereby amended by inserting the phrase “from and after October 1, 2018 (excluding, for the avoidance of
doubt, any time preceding October 1, 2018)” immediately after the phrase “at any time”. 
 1.2 The
definition of “Scheduled Termination Date” set forth in Section 1.01 of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 

““Scheduled Termination Date” means September 15, 2019.” 

1.3 Section 6.01(u) of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 

“(u) Intentionally omitted;” 

 SECTION 2. Amendment to the Servicing Agreement. Effective as of the Effective Date
(as defined below), the Servicing Agreement is hereby amended as follows: 
 2.1 Clause (a) of the definition of
“Servicer Financial Covenant Default” set forth in Section 1.01 of the Servicing Agreement is hereby amended by inserting the phrase “from and after October 1, 2018 (excluding, for the avoidance of doubt, any time preceding
October 1, 2018)” immediately after the phrase “at any time”. 
 SECTION 3. Condition Precedent. This Amendment
shall become effective as of September 30, 2018 (the “Effective Date”) upon the Agent’s receipt of a copy of this Amendment duly executed by the Borrower, the Lender, the Agent, the Transferor and Parent. 

SECTION 4. Release. Each of the MF/Borrower Related Parties hereby acknowledges and confirms on its own behalf and on behalf of its
officers and directors, and its respective predecessors, successors, assigns, agents and other legal representatives, and any Person claiming by or through any of them (collectively, the “Releasors”), that (i) it does not have
any grounds, and hereby agrees not to challenge (or to allege or to pursue any matter, cause or claim arising under or with respect to), in any case based upon acts or omissions of the Lender, Agent or any other Indemnified Party occurring prior to
the date hereof or facts otherwise known to it as of the date hereof, the effectiveness, genuineness, validity, collectability or enforceability of the Loan Documents and (ii) it does not possess, and hereby unconditionally and forever waives,
remises, releases, discharges and holds harmless the Lender, Agent and any other Indemnified Party, and each of their respective affiliates, stockholders, directors, officers, employees, attorneys, agents, representatives, heirs, executors,
administrators, successors and assigns, each Person acting or purporting to act for them or on their behalf, and the successors and assigns of any such Persons (collectively, the “Designated Parties”), from and against, and agrees
not to allege or pursue, any action, cause of action, suit, debt, liability, loss, expense, claim, counterclaim, cross-claim, demand, defense, offset, opposition, demand and other right of action whatsoever, whether now known or unknown, past or
present, asserted or unasserted, contingent or liquidated, whether in law, equity or otherwise, which any of the Releasors ever had, now have, may have, or claim to have against any of the Designated Parties, by reason of any matter, cause or thing
whatsoever, with respect to events or omissions occurring or arising on or prior to the date hereof and relating to the Loan Documents, any transaction relating thereto, or any actions or omissions in connection therewith (collectively, the
“Claims”). The foregoing release shall be construed in the broadest sense possible. 
 The MF/Borrower Related Parties
warrant and represent that they are the sole and lawful owners of all right, title, and interest in and to every Claim being released hereby and they have not assigned, pledged, hypothecated, or otherwise divested or encumbered all or any part of
any Claim being released hereby. The MF/Borrower Related Parties hereby agree to indemnify, defend, and hold harmless any and all of the Releasees from and against any Claims asserted against any Releasee based on, or arising in connection with, any
such prior assignment or transfer, whether actual or purported. The MF/Borrower Related Parties hereby absolutely, unconditionally, and irrevocably agree never to commence, prosecute, cause to be commenced or prosecuted, voluntarily aid in any way,
or foment any suit, action, or other proceeding (at law, in equity, in any regulatory proceeding, or otherwise) or otherwise seek any recovery against any of the Releasees based on any of the Claims being released hereby. The MF/Borrower Related

  
 2 

 
Parties hereby specifically warrant, represent, acknowledge, and agree that: (a) none of the provisions of this general release shall be construed as or constitute an admission of any
liability on the part of any Releasee; and (b) the provisions of this general release shall constitute an absolute bar to any Claim of any kind, whether any such Claim is based on contract, tort, warranty, mistake, or any other theory, whether
legal, statutory, or equitable. 
 SECTION 5. Reference to and Effect on the Agreements. 

5.1 Upon the effectiveness of this Amendment, each reference in any Agreement to “this Agreement,” “hereunder,”
“hereof,” “herein,” “hereby” or words of like import shall mean and be a reference to such Agreement as amended hereby, and each reference to such Agreement in any other document, instrument and agreement executed
and/or delivered in connection with such Agreement shall mean and be a reference to such Agreement as amended hereby 
 5.2 Except as
specifically provided herein, each Agreement, the other Loan Documents and all other documents, instruments and agreements executed and/or delivered in connection therewith shall remain in full force and effect and are hereby ratified and confirmed.

 5.3 Except as expressly set forth herein, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any
right, power or remedy of any party under any Loan Document or any other document, instrument, or agreement executed in connection therewith, nor constitute a waiver of any provision contained therein. 

SECTION 6. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
(INCLUDING SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK BUT OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES). 

SECTION 7. Execution in Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same instrument. Delivery of an executed counterpart of this Amendment by
facsimile or electronic mail shall be effective as delivery of a manually executed counterpart of this Amendment. 
 SECTION 8.
Headings. Section headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose. 

[Remainder of page intentionally left blank] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective signatories thereunto duly authorized as of the date first written above. 
  

			
	TAXI MEDALLION LOAN TRUST III, as Borrower
		
	By	 	 /s/ Andrew M. Murstein

	Name: Andrew M. Murstein
	Title: President

  

  
 Signature Page to

 Amendment No. 8 

 
			
	MEDALLION FINANCIAL CORP.
		
	By	 	 /s/ Andrew M. Murstein

	Name: Andrew M. Murstein
	Title: President
	
	MEDALLION CAPITAL, INC.
		
	By	 	 /s/ Dean Pickerell

	Name: Dean Pickerell
	Title: Exec Vice President
	
	FRESHSTART VENTURE CAPITAL CORP.
		
	By	 	 /s/ Thomas J. Munson

	Name: Thomas J. Munson
	Title: Senior Vice President

  
 Signature Page to

 Amendment No. 8 

 
			
	DZ BANK AG DEUTSCHE
	ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN, as Agent

 
			
		
	By	 	 /s/ Jayan Krishnan

			
	Name: Jayan Krishnan
	Title: Head of Asset Securitization Group

 
			
		
	By	 	 /s/ Franziska Hummel

	Name: Franziska Hummel
	Title: Senior Vice President

 
			
	
	AUTOBAHN FUNDING COMPANY LLC, as the Lender

 
			
	
	By: DZ BANK AG DEUTSCHE
	ZENTRAL-GENOSSENSCHAFTSBANK, FRANKFURT AM MAIN, its Attorney-in-Fact

			
		
	By	 	 /s/ Jayan Krishnan

	Name: Jayan Krishnan
	Title: Head of Asset Securitization Group

 
			
		
	By	 	 /s/ Franziska Hummel

	Name: Franziska Hummel
	Title: Senior Vice President 

  
 Signature Page to

 Amendment No. 8 

 The undersigned hereby (i) acknowledges and agrees to the foregoing Amendment, (ii) reaffirms all
of its obligations under the Loan Documents to which it is a party and (iii) acknowledges and agrees that such other Loan Documents remain in full force and effect. 
  

			
	MEDALLION FUNDING LLC
		
	By	 	 /s/ Thomas J. Munson

	Name: Thomas J. Munson
	Title: Executive Vice President

  
 Signature Page to

 Amendment No. 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}]]