Document:

Reimbursement and Fee Agreement

 Exhibit 10.14 
 REIMBURSEMENT AND FEE AGREEMENT 
 THIS REIMBURSEMENT AND
FEE AGREEMENT dated as of December 17, 2010 (this “Agreement”) by and among TNP SRT SECURED HOLDINGS, LLC a Delaware limited liability company, TNP SRT SAN JACINTO, LLC, a Delaware limited liability company,
and TNP SRT MORENO MARKETPLACE, LLC, a Delaware limited liability company (collectively, the “Borrower”) and THOMPSON NATIONAL PROPERTIES, LLC, a Delaware limited liability company
(the “Guarantor”). 
 WHEREAS, the Borrower is refinancing the existing revolving
credit facility from KeyBank National Association (the “Lender”) and increasing the credit facility to the amount of up to $35,000,000 pursuant to that certain Revolving Credit Agreement dated as of the date hereof (as the same may
be amended, modified or supplemented from time to time, the “Credit Agreement”) by and among the Borrower and the Lender. 
 WHEREAS, as a condition precedent to the extension of the financial accommodations provided under the Credit Agreement, the Lender has required the Guarantor to execute a certain Guaranty (the
“Guaranty”) dated on or about the date hereof in favor of the Lender pursuant to which the Guarantor has guaranteed a portion of the obligations of the Borrower under the Credit Agreement; and 

WHEREAS, the parties hereto desire to formally evidence the obligation of the Borrower to reimburse the Guarantor
for any payment made by the Guarantor under the Guaranty and the Borrower desires to compensate the Guarantor for the execution of the Guaranty and the incurrence by the Guarantor of the liabilities thereunder. 

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties hereto agree as follows: 
 Section 1. Definitions. The following terms shall have the meanings set forth below for the purposes of this Agreement: 

“Other Taxes” means any stamp or documentary taxes or any other excise or property taxes, charges or
similar levies which arise from any payment made hereunder or from the execution, delivery or registration of, or otherwise with respect to, this Agreement. 
 “Taxes” shall mean present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto. 

Section 2. Reimbursement/Guaranty Fee. 

 (a) In the event the Guarantor makes any payment to the Lender pursuant to,
or in respect of, the Guaranty, the Borrower shall, within two business days after the Borrower receives notice from the Guarantor that the Guarantor has made such payment, reimburse the Guarantor in an amount equal to the amount so paid by the
Guarantor under the Guaranty. 
 (b) In consideration of, and as a fee for, providing the Guaranty, the Borrower
agrees to pay the Guarantor, on the date hereof, an upfront fee (the “Upfront Fee”) of $25,000. The Upfront Fee shall not be refundable, shall be payable in immediately available funds and shall not be subject to counterclaim or
set-off for, or otherwise be affected by, any claim or dispute relating to any other matter. The parties hereto acknowledge and agree that the Upfront Fee paid to Guarantor pursuant to that certain Reimbursement and Fee Agreement dated
November 12, 2009, by and between TNP Strategic Retail Operating Partnership, L.P, and Guarantor, shall be credited against the Upfront Fee due and payable hereunder. 

(c) In further consideration of, and as an additional fee for, providing the Guaranty, the Borrower agrees to pay the
Guarantor a guaranty fee (the “Guaranty Fee”), for so long as the Guarantor is obligated under the Guaranty, calculated on a per annum basis of a year of 360 days and for the actual number of days elapsed, equal to: (x) 0.25%
multiplied by (y) the weighted-average amount of borrowings outstanding under the Credit Agreement during the term of the Credit Agreement. As soon as the same is available, but no later than 25 days after the maturity date of the Credit
Agreement, the Borrower shall deliver to the Guarantor a detailed schedule setting forth the dates and amounts of all borrowings and repayments made by the Borrower under the Credit Agreement during such period. The Guaranty Fee shall be calculated
by the Guarantor promptly after receipt of such information. Payment of the Guaranty Fee shall be made by the Borrower to the Guarantor no later than 30 days after the maturity date of the Credit Agreement. 

(d) In the event the Borrower fails to pay any amount hereunder when due, such amount shall bear interest at a rate per
annum equal to the one-month London interbank offered rate published from time to time by the Wall Street Journal plus 1.50% and such amount, together with such interest, shall be payable on demand. 

(e) The obligation to pay the foregoing amounts shall be (i) absolute and unconditional and shall not be subject to
any offset or counterclaim of any kind whatsoever and (ii) shall be due and payable notwithstanding (A) any lack of validity or enforceability of the documents and instruments evidencing the Credit Agreement, the Guaranty or any other
agreement or instrument relating thereto; (B) any change, restructuring or termination of the organizational structure or existence of the Borrower; (C) any acts of any governmental or quasi-governmental authority or regulatory body
affecting the Borrower, including, but not limited to, any economic, political, regulatory or other events or any failure of any governmental or quasi-governmental authority or regulatory body to permit the Borrower to comply with the terms of this
Agreement; or (D) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Borrower. 

 (f) (i) All payments by the Borrower under this Agreement shall be made free
and clear of, and without deduction or withholding for, any and all Taxes. 
 (ii) In addition, the Borrower
shall pay any Other Taxes due in the present or future. 
 (iii) The Borrower shall indemnify and hold harmless
the Guarantor for the full amount of Taxes or Other Taxes paid by the Guarantor and any liability (including penalties, interest, additions to tax and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were
correctly or legally asserted. Payment under this indemnification shall be made within five days from the date the Guarantor makes written demand therefor. 
 (iv) If the Borrower is required by law to deduct or withhold any Taxes or Other Taxes from or in respect of any sum payable hereunder, then: 

(1) the sum payable shall be increased as necessary so that after making all required deductions or
withholdings, the Guarantor receives an amount equal to the sum it would have received had no such deductions or withholdings been made; and 
 (2) the Borrower shall make such deductions or withholdings and pay the full amount deducted to the relevant taxation or other authority in accordance with applicable law. 

(v) Within 30 days after the date of any payment by the Borrower of Taxes or Other Taxes, the Borrower shall furnish to
the Guarantor the original or a certified copy of a receipt evidencing payment thereof, or other evidence of payment satisfactory to the Guarantor. 
 (g) Simultaneously with the delivery by the Borrower to the Lender of its annual and quarterly financial statements, the Borrower shall deliver a copy of same to the Guarantor. Within thirty days after
receipt by the Borrower of any notices, correspondence or other communications from the Lender, the Borrower shall provide true and correct copies of such correspondence to the Guarantor. 

Section 3. Representations. The Borrower further represents to the Guarantor that: 

(a) Authorization. The Borrower has the right and power, and has taken all necessary action to authorize it to
execute, deliver and perform this Agreement in accordance with its terms. This Agreement has been duly executed and delivered by a duly authorized officer of the Borrower, and this Agreement is a legal, valid and binding obligation of the Borrower
enforceable against the Borrower in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting generally the enforcement of creditors’ rights. 

 (b) Compliance of Documents with Laws, etc. The execution and
delivery of this Agreement and the Credit Agreement do not and will not, by the passage of time, the giving of notice or otherwise: (i) require any government approval or violate any applicable law relating to the Borrower; or
(ii) conflict with, result in a breach of or constitute a default under, the organizational documents or by-laws of the Borrower, or any indenture, agreement or other instrument to which the Borrower is a party or by which it or any of its
properties may be bound. 
 Section 4. Benefits. This Agreement shall be binding upon, and
shall inure to the benefit of, the parties hereto and their respective successors and assigns (including any subsequent obligor under the Guaranty). The Guarantor may assign its rights and remedies hereunder (including the right to receive monies
hereunder) to any person or entity without the consent of the Borrower; provided, however, that the Guarantor shall promptly notify the Borrower of any such assignment by the Guarantor of this Agreement. The Borrower may not assign or
transfer all or any part of this Agreement or its obligations hereunder without the prior written consent of the Guarantor. 
 Section 5. Governing Law/Jurisdiction. 
 (a)
THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE. 
 (b) THE BORROWER HEREBY SUBMITS TO THE NONEXCLUSIVE JURISDICTION AND VENUE OF THE FEDERAL DISTRICT COURT OF THE DISTRICT OF DELAWARE OR ANY STATE COURT LOCATED DELAWARE IN CONNECTION WITH ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. TO THE EXTENT THAT THE BORROWER HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY (SOVEREIGN OR OTHERWISE) FROM JURISDICTION OF ANY COURT OR FROM LEGAL PROCESS (WHETHER THROUGH SERVICE OF NOTICE,
ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION, EXECUTION OR OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, IT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, SUCH IMMUNITY IN RESPECT OF ITS
OBLIGATIONS HEREUNDER. 
 (c) EACH OF THE BORROWER AND THE GUARANTOR WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY
JURY IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. 
 Section 6.
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and shall be binding upon all parties, their successors and assigns. 

Section 7. Notices. Notices to the Borrower shall be delivered to the address of the Borrower set
forth below the signature line therefor via fax, hand delivery or overnight courier. All such notices shall be effective: (i) if faxed, upon transmittal thereof (and a fax confirmation 

 
answer-back shall be deemed conclusive evidence of such delivery), (ii) if hand delivered, when so delivered and (iii) if via courier, upon receipt by the Guarantor of confirmation of
delivery from the courier. 
 IN WITNESS WHEREOF, the parties hereto have caused this Reimbursement and
Fee Agreement to be executed by their duly authorized officers as of the date first above written. 
  

											
	TNP SRT SECURED HOLDINGS, LLC, a Delaware limited liability company
		
	By:	 	TNP Strategic Retail Operating Partnership, L.P., its sole member
			
		 	By:	 	TNP Strategic Retail Trust, Inc., its general partner
				
		 		 	By:	 	 /s/ Christopher S. Cameron

		 		 	Print Name:	 	 Christopher S. Cameron

		 		 	Title: CFO-SRT REIT
	
	TNP SRT MORENO MARKETPLACE, LLC, a Delaware limited liability company
		
	By:	 	TNP Secured Holdings, LLC, its sole member
		
	By:	 	TNP Strategic Retail Operating Partnership, L.P., its sole member
			
		 	By:	 	 TNP Strategic Retail Trust, Inc., its
 general partner

				
		 		 	By:	 	 /s/ Christopher S. Cameron

		 		 	Print Name:	 	 Christopher S. Cameron

		 		 	Title: CFO-SRT REIT
	
	TNP SRT SAN JACINTO, LLC, a Delaware limited liability company
		
	By:	 	TNP Secured Holdings, LLC, its sole member
		
	By:	 	TNP Strategic Retail Operating Partnership, L.P., its sole member

											
		 	 By:
	 	 TNP Strategic Retail Trust, Inc., its

general partner

				
		 		 	 By:
	 	 /s/ Christopher S. Cameron

		 		 	 Print Name:
	 	 Christopher S. Cameron

		 		 	 Title: CFO-SRT REIT

	  
 Address for Notices:

 
 c/o TNP SRT Secured Holdings, LLC

1900 Main Street
 Suite 700

Irvine, California 92614
 Fax
(949) 252-0212

	
	 THOMPSON NATIONAL PROPERTIES, LLC

		
	 By:
	 	 /s/ Anthony Thompson

	 Name: Anthony Thompson

	 Title: CEO

	  
 Address for Notices:

 
 Thompson National Properties, LLC

1900 Main Street
 Suite 700

Irvine, California 92614
 Fax
(949) 252-0212

 [Signature Page to Thompson National Properties LLC Reimbursement and Fee
Agreement]Reimbursement and Fee Agreement

 Exhibit 10.15 
 REIMBURSEMENT AND FEE AGREEMENT 
 THIS REIMBURSEMENT AND
FEE AGREEMENT dated as of December 17, 2010 (this “Agreement”) by and among TNP SRT SECURED HOLDINGS, LLC a Delaware limited liability company, TNP SRT SAN JACINTO, LLC, a Delaware limited liability company,
and TNP SRT MORENO MARKETPLACE, LLC, a Delaware limited liability company (collectively, the “Borrower”) and AWT FAMILY LIMITED PARTNERSHIP, a California limited partnership (the “Guarantor”).

 WHEREAS, the Borrower is refinancing a revolving credit facility from KeyBank National Association
(the “Lender”) in the amount of up to $35,000,000 pursuant to that certain Revolving Credit Agreement dated as of the date hereof (as the same may be amended, modified or supplemented from time to time, the “Credit
Agreement”) by and among the Borrower and the Lender. 
 WHEREAS, as a condition precedent to
the extension of the financial accommodations provided under the Credit Agreement, the Lender has required the Guarantor to execute a certain Guaranty (the “Guaranty”) dated on or about the date hereof in favor of the Lender
pursuant to which the Guarantor has guaranteed a portion of the obligations of the Borrower under the Credit Agreement; and 
 WHEREAS, the parties hereto desire to formally evidence the obligation of the Borrower to reimburse the Guarantor for any payment made by the Guarantor under the Guaranty and the Borrower desires
to compensate the Guarantor for the execution of the Guaranty and the incurrence by the Guarantor of the liabilities thereunder. 
 NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged
by the parties, the parties hereto agree as follows: 
 Section 1. Definitions. The following
terms shall have the meanings set forth below for the purposes of this Agreement: 
 “Other
Taxes” means any stamp or documentary taxes or any other excise or property taxes, charges or similar levies which arise from any payment made hereunder or from the execution, delivery or registration of, or otherwise with respect to, this
Agreement. 
 “Taxes” shall mean present or future taxes, levies, imposts, deductions, charges
or withholdings, and all liabilities with respect thereto. 
 Section 2. Reimbursement/Guaranty
Fee. 

 (a) In the event the Guarantor makes any payment to the Lender pursuant to,
or in respect of, the Guaranty, the Borrower shall, within two business days after the Borrower receives notice from the Guarantor that the Guarantor has made such payment, reimburse the Guarantor in an amount equal to the amount so paid by the
Guarantor under the Guaranty. 
 (b) In consideration of, and as a fee for, providing the Guaranty, the Borrower
agrees to pay the Guarantor, on the date hereof, an upfront fee (the “Upfront Fee”) of $1,000. The Upfront Fee shall not be refundable, shall be payable in immediately available funds and shall not be subject to counterclaim or
set-off for, or otherwise be affected by, any claim or dispute relating to any other matter. 
 (c) In the event
the Borrower fails to pay any amount hereunder when due, such amount shall bear interest at a rate per annum equal to the one-month London interbank offered rate published from time to time by the Wall Street Journal plus 1.50% and
such amount, together with such interest, shall be payable on demand. 
 (d) The obligation to pay the foregoing
amounts shall be (i) absolute and unconditional and shall not be subject to any offset or counterclaim of any kind whatsoever and (ii) shall be due and payable notwithstanding (A) any lack of validity or enforceability of the
documents and instruments evidencing the Credit Agreement, the Guaranty or any other agreement or instrument relating thereto; (B) any change, restructuring or termination of the organizational structure or existence of the Borrower;
(C) any acts of any governmental or quasi-governmental authority or regulatory body affecting the Borrower, including, but not limited to, any economic, political, regulatory or other events or any failure of any governmental or
quasi-governmental authority or regulatory body to permit the Borrower to comply with the terms of this Agreement; or (D) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Borrower.

 (e) (i) All payments by the Borrower under this Agreement shall be made free and clear of, and without
deduction or withholding for, any and all Taxes. 
 (ii) In addition, the Borrower shall pay any Other Taxes due
in the present or future. 
 (iii) The Borrower shall indemnify and hold harmless the Guarantor for the full
amount of Taxes or Other Taxes paid by the Guarantor and any liability (including penalties, interest, additions to tax and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or legally
asserted. Payment under this indemnification shall be made within five days from the date the Guarantor makes written demand therefor. 
 (iv) If the Borrower is required by law to deduct or withhold any Taxes or Other Taxes from or in respect of any sum payable hereunder, then: 

 (1) the sum payable shall be increased as necessary so that
after making all required deductions or withholdings, the Guarantor receives an amount equal to the sum it would have received had no such deductions or withholdings been made; and 

(2) the Borrower shall make such deductions or withholdings and pay the full amount deducted to the
relevant taxation or other authority in accordance with applicable law. 
 (v) Within 30 days after the date of
any payment by the Borrower of Taxes or Other Taxes, the Borrower shall furnish to the Guarantor the original or a certified copy of a receipt evidencing payment thereof, or other evidence of payment satisfactory to the Guarantor. 

(g) Simultaneously with the delivery by the Borrower to the Lender of its annual and quarterly financial statements, the
Borrower shall deliver a copy of same to the Guarantor. Within thirty days after receipt by the Borrower of any notices, correspondence or other communications from the Lender, the Borrower shall provide true and correct copies of such
correspondence to the Guarantor. 
 Section 3. Representations. The Borrower further
represents to the Guarantor that: 
 (a) Authorization. The Borrower has the right and power, and has
taken all necessary action to authorize it to execute, deliver and perform this Agreement in accordance with its terms. This Agreement has been duly executed and delivered by a duly authorized officer of the Borrower, and this Agreement is a legal,
valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other laws affecting generally the enforcement of
creditors’ rights. 
 (b) Compliance of Documents with Laws, etc. The execution and delivery of this
Agreement and the Credit Agreement do not and will not, by the passage of time, the giving of notice or otherwise: (i) require any government approval or violate any applicable law relating to the Borrower; or (ii) conflict with, result in
a breach of or constitute a default under, the organizational documents or by-laws of the Borrower, or any indenture, agreement or other instrument to which the Borrower is a party or by which it or any of its properties may be bound. 

Section 4. Benefits. This Agreement shall be binding upon, and shall inure to the benefit of, the
parties hereto and their respective successors and assigns (including any subsequent obligor under the Guaranty). The Guarantor may assign its rights and remedies hereunder (including the right to receive monies hereunder) to any person or entity
without the consent of the Borrower; provided, however, that the Guarantor shall promptly notify the Borrower of any such assignment by the Guarantor of this Agreement. The Borrower may not assign or transfer all or any part of this Agreement
or its obligations hereunder without the prior written consent of the Guarantor. 

 Section 5. Governing Law/Jurisdiction. 

(a) THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
DELAWARE. 
 (b) THE BORROWER HEREBY SUBMITS TO THE NONEXCLUSIVE JURISDICTION AND VENUE OF THE FEDERAL DISTRICT
COURT OF THE DISTRICT OF DELAWARE OR ANY STATE COURT LOCATED DELAWARE IN CONNECTION WITH ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. TO THE EXTENT THAT THE BORROWER HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY (SOVEREIGN OR
OTHERWISE) FROM JURISDICTION OF ANY COURT OR FROM LEGAL PROCESS (WHETHER THROUGH SERVICE OF NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION, EXECUTION OR OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, IT HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS HEREUNDER. 
 (c) EACH OF THE BORROWER AND THE GUARANTOR WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. 

Section 6. Counterparts. This Agreement may be executed in any number of counterparts, each of which
shall be deemed to be an original and shall be binding upon all parties, their successors and assigns. 

Section 7. Notices. Notices to the Borrower shall be delivered to the address of the Borrower set
forth below the signature line therefor via fax, hand delivery or overnight courier. All such notices shall be effective: (i) if faxed, upon transmittal thereof (and a fax confirmation answer-back shall be deemed conclusive evidence of such
delivery), (ii) if hand delivered, when so delivered and (iii) if via courier, upon receipt by the Guarantor of confirmation of delivery from the courier. 
 [Signatures on Next Page] 

 IN WITNESS WHEREOF, the parties hereto have caused this Reimbursement
and Fee Agreement to be executed by their duly authorized officers as of the date first above written. 
  

											
	 TNP SRT SECURED HOLDINGS, LLC, a

Delaware limited liability company

		
	 By:
	 	 TNP Strategic Retail Operating Partnership,

L.P., its sole member

			
		 	 By:
	 	 TNP Strategic Retail Trust, Inc., its general partner

				
		 		 	By:	 	 /s/ Christopher S. Cameron

		 		 	Print Name:	 	 Christopher S. Cameron

		 		 	Title: CFO-SRT REIT
	
	 TNP SRT MORENO MARKETPLACE, LLC, a

Delaware limited liability company

		
	 By:
	 	 TNP Secured Holdings, LLC, its sole member

		
	 By:
	 	 TNP Strategic Retail Operating Partnership, L.P., its sole member

			
		 	 By:
	 	 TNP Strategic Retail Trust, Inc., its general partner

				
		 		 	 By:
	 	 /s/ Christopher S. Cameron

		 		 	 Print Name:
	 	 Christopher S. Cameron

		 		 	 Title: CFO-SRT REIT

 

					
	 TNP SRT SAN JACINTO, LLC, a Delaware

limited liability company

		
	 By:
	 	 TNP Secured Holdings, LLC, its sole member

		
	 By:
	 	 TNP Strategic Retail Operating Partnership, L.P., its sole member

			
		 	 By:
	 	 TNP Strategic Retail Trust, Inc., its general partner

  

			
	 By:
	 	 /s/ Christopher S.
Cameron

			
	 Print Name:
	 	 Christopher S. Cameron

	 Title: CFO-SRT REIT

 [Signature Page to AWT Reimbursement and Fee Agreement] 
  

							
		 	 Address for Notices:

 
 c/o TNP SRT Secured Holdings, LLC

1900 Main Street

Suite 700

Irvine, California 92614
 Fax (949) 252-0212

		
		 	 AWT FAMILY LIMITED PARTNERSHIP,

		 	 a California limited partnership

			
		 	 By:
	 	 West Coast Health Insurance Services, Inc., a

California corporation, its General Partner

				
		 		 	 By:
	 	 /s/ Anthony Thompson

		 		 	 Name: Anthony Thompson

		 		 	 Title: President

		
		 	 Address for Notices:

 
 c/o Thompson National Properties, LLC

1900 Main Street

Suite 700

Irvine, California 92614
 Fax (949) 252-0212

 [Signature Page to AWT Reimbursement
and Fee Agreement]

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