Document:

Exhibit 10.1

Exhibit 10.1

RENEWAL AGREEMENT
THIS RENEWAL AGREEMENT, dated as of September 15, 2014 (the “Agreement”), is entered into between Resource Real Estate Opportunity REIT, Inc., a Maryland corporation (the “Company”), and Resource Real Estate Opportunity Advisor, LLC a Delaware limited liability company (the “Advisor”).
WHEREAS, the Company and the Advisor were initially parties to the Advisory Agreement dated September 14, 2009, which agreement had an initial one-year term, subject to an unlimited number of successive one-year renewals; 
WHEREAS, on January 12, 2010, June 16, 2010 and January 11, 2011 the parties entered the First, Second and Third Amended and Restated Advisory Agreements, respectively;
WHEREAS, the Company and the Advisor are currently parties to the Third Amended and Restated Advisory Agreement, dated as of January 11, 2011 (the “Third Advisory Agreement”);
WHEREAS,  since September 2009, the Company and the Advisor have annually agreed to renew the advisory agreement in effect for an additional one-year term, first through September 14, 2010, September 14, 2011, September 14, 2012, September 14, 2013, and then through September 14, 2014;
WHEREAS, the Company desires to continue to avail itself of the knowledge, experience, sources of information, advice, assistance and certain facilities available to the Advisor and to have the Advisor undertake the duties and responsibilities set forth in the Third Advisory Agreement, on behalf of, and subject to the supervision of, the board of directors of the Company (the “Board”); and 
WHEREAS, the Advisor is willing to continue to undertake to render such services, subject to the supervision of the Board.
NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements contained herein, the parties hereto agree as follows:
1. Term. In accordance with the provisions of Section 13.01 of the Third Advisory Agreement, the term of the Third Advisory Agreement is hereby renewed for an additional one-year term, and notwithstanding the language in Section 13.01 of the Third Advisory Agreement is acknowledged and agreed by the Parties to be a one-year term commencing September 15, 2014 and ending September 14, 2015.
2. Ratification; Effect on Third Advisory Agreement. The Third Advisory Agreement shall remain in full force and effect and is hereby confirmed in all respects. On and after the date hereof, each reference in the Third Advisory Agreement to “this Agreement,” “herein,” “hereof,” or words of similar import will mean and be a reference to the Third Advisory Agreement as renewed hereby.

3. Modification. This Agreement shall not be changed, modified, terminated, or discharged, in whole or in part, except by an instrument in writing signed by both parties hereto, or their respective successors or assignees.
4. Construction; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to principles of conflicts of laws. Any suit involving any dispute or matter arising under this Agreement may only be brought in the federal or state courts located in the State of Delaware. Each of the parties hereto consents to the exercise of personal jurisdiction by such courts with respect to all such proceedings. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ANY AND ALL RIGHTS TO A JURY TRIAL, TO THE FULLEST EXTENT THAT ANY SUCH RIGHT SHALL NOW OR HEREAFTER EXIST, IN ANY PROCEEDING, CLAIM, COUNTER-CLAIM OR OTHER ACTION INVOLVING ANY DISPUTE OR MATTER ARISING UNDER THIS AGREEMENT.
5. Execution in Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. This Agreement shall become binding when the counterparts hereof, taken together, bear the signatures of all of the parties reflected hereon as the signatories.
[signature page follows]

IN WITNESS WHEREOF, the parties hereto have executed this Renewal Agreement as of the date and year first above written.
	
			
	 
	RESOURCE REAL ESTATE OPPORTUNITY 
REIT, INC.

	 
	 

	 
	By:
	/s/ Alan F. Feldman

	 
	 
	Alan F. Feldman, Chief Executive Officer

	 
	 

	 
	RESOURCE REAL ESTATE OPPORTUNITY 
ADVISOR, LLC

	 
	 

	 
	By:
	/s/ Kevin M. Finkel

	 
	 
	Kevin M. Finkel, President

[Signature Page to Renewal Agreement]EX 105

		

			 

		

		
			EXHIBIT 10.5
		

		
			RETENTION AGREEMENT
		

		
			This Retention Agreement (“Agreement”) is between Dialogic Inc. (“Dialogic”) and Kevin Cook (“Executive”) and is effective as of the 29th day of August 2014.
		

		
			Whereas the Executive and Dialogic are parties  to an employment letter agreement dated August 9, 2012 as amended from time to time (“Employment Agreement”); and
		

		
			Whereas the Dialogic Group wishes to further retain Executive as an employee and the Compensation Committee of Dialogic has recommended and the Board of Directors of Dialogic has approved that Dialogic enter into this Agreement with Executive.
		

		
			NOW THEREFORE , in consideration of the promises and mutual covenants set forth herein, and other consideration, the receipt of which is hereby acknowledged, Dialogic and Executive agree as follows.
		

			
	
			
				 1.
			

			
	
			
			The preamble of this Agreement forms an integral part of this Agreement as if it was recited at length herein.  All defined terms in this Agreement, which are not specifically defined herein, shall have the same definition as set out in the Employment Agreement.

			
	
			
				 2.
			

			
	
			
			Dialogic (or Corporation) shall pay Executive the sum of $320,000 USD (“First Payment”) on or around September 15, 2014 (but in any event before October 1, 2014) provided that Executive is then an employee of the Dialogic Group.  Executive agrees to reimburse the entire First Payment to Dialogic (or Corporation) within 30 days of his termination of employment if he resigns his employment without Good Reason prior to November 28, 2014 or if Executive’s employment is terminated for Cause prior to November 28, 2014.

			
	
			
				 3.
			

			
	
			
			Dialogic (or Corporation) shall pay Executive an additional sum of $250,000 USD (“Second Payment”) on or around March 15, 2015 (but in any event before May 15, 2015) provided that Executive remains an employee of the Dialogic Group through February 28, 2015.  Notwithstanding the foregoing, the Second Payment shall still be made if (A) the Executive resigns his employment with Good Reason prior to February 28, 2015 or Executive’s employment is terminated by the Dialogic Group without Cause prior to February 28, 2015 and (B) Executive complies with the requirements to receive Severance Benefits set forth in the last paragraph of Section 8(b) of his Employment Agreement.

			
	
			
				 4.
			

			
	
			
			The First Payment and Second Payment shall be subject to all standard payroll deductions and withholding taxes.

		
			 
		

		 

			

					

						 

					

					

						 

					

					

						 

				
	

					

						 

					

					

						-1-

					

					

						 

				
	

					

						 

					

					

						 

					

					

						 

				

		

			 

		

 

		

			 

		

			
	
			
				 5.
			

			
	
			
			The Employment Agreement remains unchanged and in full force and effect.

			
	
			
				 6.
			

			
	
			
			This Agreement is intended to be exempt from the application of Code Section 409A.

			
	
			
				 7.
			

			
	
			
			This Agreement shall be governed by the laws of the State of New Jersey and Section 14 and 15 of the Employment Agreement shall be applicable to this Agreement.

			
	
			
				 8.
			

			
	
			
			This Agreement expresses the entire agreement between Executive and Dialogic with respect to the subject matter hereto and cannot be amended except in writing. The parties acknowledge that they have retained legal counsel or been given the opportunity to retain legal counsel to advise them as relates to the provisions of this Agreement and that the Agreement was jointly drafted by both parties hereto.  If for any reason any provisions of this Agreement is held invalid, the other provisions will remain in effect insofar as is consistent with law. 

		
			DIALOGIC INC.
		

		
			Per: /s/ Pat Jones______________
		

		
			Pat Jones
		

		
			Chairman,  Dialogic Board of Directors
		

		
			EXECUTIVE
		

		
			Per: /s/ Kevin Cook____________
		

		
			Kevin Cook
		

		
			President and CEO
		

		
			 
		

		 

			

					

						 

					

					

						 

					

					

						 

				
	

					

						 

					

					

						-2-Ex 106

		

			 

		

		
			EXHIBIT 10.6
		

		
			RETENTION AGREEMENT
		

		
			This Retention Agreement (“Agreement”) is between Dialogic Inc. (“Dialogic”) and Robert Dennerlein (“Executive”) and is effective as of the 29th day of August 2014.
		

		
			Whereas the Executive and Dialogic are parties to an offer letter dated September 6, 2013 as amended from time to time (“Employment Agreement”); and
		

		
			Whereas the Dialogic Group wishes to further retain Executive as an employee and the Compensation Committee of Dialogic has recommended and the Board of Directors of Dialogic has approved that Dialogic enter into this Agreement with Executive.
		

		
			NOW THEREFORE , in consideration of the promises and mutual covenants set forth herein, and other consideration, the receipt of which is hereby acknowledged, Dialogic and Executive agree as follows.
		

			
	
			
				 1.
			

			
	
			
			The preamble of this Agreement forms an integral part of this Agreement as if it was recited at length herein.  All defined terms in this Agreement, which are not specifically defined herein, shall have the same definition as set out in the Employment Agreement.

			
	
			
				 2.
			

			
	
			
			Dialogic (or Corporation) shall pay Executive the sum of $50,000 USD (“First Payment”) on or around September 15, 2014 (but in any event before October 1, 2014) provided that Executive is then an employee of the Dialogic Group.  Executive agrees to reimburse the entire First Payment to Dialogic (or Corporation) within 30 days of his termination of employment if he resigns his employment without Good Reason prior to November 28, 2014 or if Executive’s employment is terminated for Cause prior to November 28, 2014.

			
	
			
				 3.
			

			
	
			
			Dialogic (or Corporation) shall pay Executive an additional sum of $50,000 USD (“Second Payment”) on or around March 15, 2015 (but in any event before May 15, 2015) provided that Executive remains an employee of the Dialogic Group through February 28, 2015.  Notwithstanding the foregoing, the Second Payment shall still be made if (A) the Executive resigns his employment with Good Reason prior to February 28, 2015 or Executive’s employment is terminated by the Dialogic Group without Cause prior to February 28, 2015 and (B) Executive complies with the requirements to receive Severance Benefits set forth in the Employment Agreement.

			
	
			
				 4.
			

			
	
			
			The First Payment and Second Payment shall be subject to all standard payroll deductions and withholding taxes.

			
	
			
				 5.
			

			
	
			
			The Employment Agreement remains unchanged and in full force and effect.

		
			 
		

		 

			

					

						 

					

					

						 

					

					

						 

				
	

					

						 

					

					

						-1-

					

					

						 

				
	

					

						 

					

					

						 

					

					

						 

				

		

			 

		

 

		

			 

		

			
	
			
				 6.
			

			
	
			
			This Agreement is intended to be exempt from the application of Code Section 409A.

			
	
			
				 7.
			

			
	
			
			This Agreement shall be governed by the laws of the State of New Jersey and Annex A of the Employment Agreement shall be applicable to this Agreement.

			
	
			
				 8.
			

			
	
			
			This Agreement expresses the entire agreement between Executive and Dialogic with respect to the subject matter hereto and cannot be amended except in writing. The parties acknowledge that they have retained legal counsel or been given the opportunity to retain legal counsel to advise them as relates to the provisions of this Agreement and that the Agreement was jointly drafted by both parties hereto.  If for any reason any provisions of this Agreement is held invalid, the other provisions will remain in effect insofar as is consistent with law. 

		
			DIALOGIC INC.
		

		
			Per: /s/ Kevin Cook___________
		

		
			Kevin Cook
		

		
			President and CEO
		

		
			EXECUTIVE
		

		
			Per: /s/ Robert Dennerlein    _____
		

		
			Robert Dennerlein
		

		
			Executive Vice President, Finance and Chief Financial Officer
		

		 

			

					

						 

					

					

						 

					

					

						 

				
	

					

						 

					

					

						-2-

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