Document:

EX-10.22

 [***] – Confidential portions of this document have been redacted and filed separately with
the Commission. 
 Exhibit 10.22 

loanDepot.com, LLC 
 26642 Towne
Centre Drive 
 Foothill Ranch, CA 92610 

April 8, 2015 
 Ms. Dawn Lepore 

[***] 
  

	Re:	Offer 

 Dear Dawn: 

We are very pleased to have offered you a position as an advisor to loanDepot.com, LLC (the “Company”) and as a member of the Board
of Directors of an affiliated entity as described below. This Offer Letter (this “Offer”) is effective for all purposes as of May 11, 2015 (the “Effective Date”). 

 

			
	Start Date and Term:	  	Commencing upon the Effective Date, you will act as an advisor to the Company in connection with an anticipated initial public offering by a Member or a parent of a Member of the Company (the “Offering”). In
addition, it is anticipated that following such an offering you will serve as a member of the Board of Directors (the “Board”) of the offering entity (the “Reporting Entity”) until the annual meeting for the year in
which your term expires or until your successor has been elected and qualified, subject however, to your prior death, resignation, retirement, disqualification or removal from office.
		
	Committees:	  	You acknowledge and agree that following the Offering you will be required to serve on one or more of the Audit Committee, Compensation Committee and/or Governance and Nominating Committee of the Board of the Reporting Entity,
and that such committee assignments will be as agreed between you and the Reporting Entity, and that you will be compensated for service on any committee as provided herein.
		
	Cash Compensation:	  	In consideration of your services as an advisor to the Company prior to the Offering, you will receive a cash retainer equal to $50,000 on an annual basis, to be paid in arrears in equal quarterly installments for the time prior
to the Offering that you are engaged as an advisor to the Company. Following the Offering, you will receive a cash retainer equal to $50,000 on an annual basis in consideration of your services as

  
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		  	 a member of the Board of the Reporting Entity, to be paid in arrears in equal quarterly installments for so long as you remain a member of
the Board of the Reporting Entity.
  
 If you serve as Chair of the Audit Committee of the
Reporting Entity following the Offering, you will receive as consideration for these services a $20,000 annual cash retainer to be paid in arrears in equal quarterly installments for so long as you remain the Chair of the Audit
Committee.

		
		  	If you serve on the Audit Committee but do not serve as Chair of the Audit Committee, you will receive as consideration for these services a $10,000 annual cash retainer to be paid in arrears in equal quarterly installments for
so long as you remain member of the Audit Committee.
		
		  	If you serve as Chair of the Compensation Committee of the Reporting Entity, you will receive as consideration for these services a $15,000 annual cash retainer to be paid in arrears in equal quarterly installments for so long as
you remain the Chair of the Compensation Committee.
		
		  	If you serve on the Compensation Committees but do not serve as Chair of the Compensation Committee, you will receive as consideration for these services a $7,500 annual cash retainer to be paid in arrears in equal quarterly
installments for so long as you remain a member of the Compensation Committee.
		
		  	If you serve as Chair of the Governance and Nominating Committee of the Reporting Entity, you will receive as consideration for these services a $10,000 annual cash retainer to be paid in arrears in equal quarterly installments
for so long as you remain Chair of the Governance and Nominating Committee.
		
		  	If you serve on the Governance and Nominating Committees but do not serve as Chair of the Governance and Nominating Committee, you will receive as consideration for these services a $5,000 annual cash retainer to be paid in
arrears in equal quarterly installments for so long as you remain a member of the Governance and Nominating Committee.
		
		  	The amount of any cash retainer for any partial year will be based on the number of days of service in such year.
		
	Equity Compensation Grants:	  	As consideration for your services prior to the Offering, you will receive a one-time grant of 759,992.158 Class X Common Units of the Company, to be subject to vesting and certain other restrictions as set forth in the Unit
Grant Agreement, dated May 20, 2015, between you and the Company.

  
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		  	In connection with the Offering, if you are then serving on the Board of the Reporting Entity, you will receive, as consideration for your service as a Director, a one-time equity grant of restricted stock units with an aggregate
value of $100,000 (based on the offering price of the Reporting Entity’s common stock for the initial public offering), to be fully vested at the time of grant. This grant shall be made following the Offering in accordance with the Reporting
Entity’s applicable compensation program.
		
		  	Following the Offering and to the extent you continue to serve on the Board of the Reporting Entity, you will receive, as consideration for your continuing service and in accordance with the Reporting Entity’s applicable
compensation program, an annual equity grant of restricted stock units with an aggregate value on an annual basis (as measured from the date you last received the more recent of an annual equity grant or the one-time grant described in the paragraph
immediately above) of $100,000 (based on the closing price of the Reporting Entity’s common stock on the grant date), to be fully vested at the time of grant and made following the Reporting Entity’s annual stockholder meeting.
		
	Stock Ownership Guidelines:	  	It is anticipated that, in order to promote long-term alignment of Directors’ and stockholders’ interests, you may be required to hold a certain amount of common stock of the Reporting Entity. Any such amount will be
determined by the Company Board (or if determined following the Offering, by the Board of the Reporting Entity), with your advice and participation.
		
	Responsibilities:	  	As a Director of the Reporting Entity, your duties and responsibilities will be those reasonably and customarily associated with such position, including, without limitation, attendance at all regular and special meetings of the
Board of the Reporting Entity and, if you are a member of a committee of the Board of the Reporting Entity, attendance at all regular and special meetings of such committee.
		
	Expenses:	  	The Company will reimburse you for all reasonable, out-of-pocket costs and expenses incurred by you in connection with attending meetings of the Board of the Reporting Entity and, if you are a member of a committee of the Board
of the Reporting Entity, committee meetings.
		
	Confidentiality:	  	As a condition of this Offer, you will be required to preserve the proprietary and confidential information of the Company and the Reporting Entity and their affiliates and you must comply with the policies and procedures of the
Company and Reporting Entity, including entering into a nondisclosure agreement with each of the Company and the Reporting Entity.

  
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 This Offer to serve as an advisor to the Company and a member of the Board of the Reporting Entity shall be at
the will of you and the Company and the Reporting Entity, as applicable, which means that this relationship can be terminated at any time by either party, or, upon the Offering, the Reporting Entity. You agree the Company and the Reporting Entity
will have the right to mention your name and other customary information in press releases and other business documentation as appropriate. 
 To accept
this Offer, please sign the acknowledgment at the end of this letter acknowledging and agreeing to the terms and conditions of your service as an advisor to the Company and a member of the Board of the Reporting Entity. 

[Signature Page Follows] 

  
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 Please contact me with any questions regarding the foregoing. 

 

			
	Sincerely,
	
	loanDepot.com, LLC
		
	By:	 	 /s/ Anthony Hsieh

		 	Anthony Hsieh
		 	Chief Executive Officer and Director

  

	
	ACKNOWLEDGED AND AGREED TO BY:
	
	         /s/ Dawn Lepore

	Dawn Lepore

  
 - 5 -EX-10.23

 Exhibit 10.23 

SUBSCRIPTION AGREEMENT 

This Subscription Agreement (the “Agreement”) dated as of December     , 2013 is entered into between
loanDepot.com, LLC, a Delaware limited liability company (the “Company”), and              (“Investor”) with respect to an investment by Investor in the
Company. 
 1. Investor hereby agrees to purchase from the Company, and the Company hereby agrees to sell and issue to Investor
             Class P Common Units of the Company (the “Units”) for a purchase price of $         (“Purchase
Price”). The purchase and sale of the Units shall be completed upon full payment of the Purchase Price. 
 2. Concurrently with the
execution of this Agreement, Investor is entering into the Fourth Amended and Restated Limited Liability Company Agreement of the Company dated as of even date herewith (the “LLC Agreement”), and executing an accredited investor
questionnaire, the accuracy of which is a condition to the Company’s obligation to issue the Units hereunder. 
 3. The Investor shall
not Transfer (as defined in the LLC Agreement) any interest in any Units, except as otherwise permitted pursuant to this Agreement and the LLC Agreement. The parties hereto acknowledge and agree that the Units shall, upon receipt by Investor, be
immediately Transferred by Investor (without any other action required on the part of any person) to Trilogy Management Investors Four, LLC (“TMI4”) in exchange for equivalent “LLC Units” of TMI4 (in accordance with its
limited liability company agreement), but the Units shall nevertheless be at all times subject to the LLC Agreement. The limited liability company agreement of TMI4 is attached hereto as Exhibit A. Employee is hereby entering into the joinder
to the limited liability company agreement of TMI4 attached hereto as Exhibit B. 
 4. Investor is acquiring the Units for
Investor’s own account for investment purposes only (and not for the account of any other person), with no intention of distributing or re-selling any portion thereof within the meaning of the Securities Act (as defined below), and will not
transfer the Units in violation of the Securities Act or the then applicable rules or regulations thereunder or any other applicable law. No one other than Investor has any interest in or any right to acquire any portion of the Units or any interest
herein. Investor understands and acknowledges that the Company will have no obligation to recognize the ownership, beneficial or otherwise, of the Units by anyone other than Investor. 

5. Investor understands that (a) the Company is not agreeing to maintain the percentage ownership provided by Investor’s purchase of
the Units, and (b) the Company is currently issuing and probably will in the future issue additional Units and other equity interests in the Company at the discretion of the board of the Company. 

6. Investor represents to the Company that Investor understands the Company’s business plans, business history, competitive position and
capital structure and all other matters related to Investor’s investment decision, and that all of Investor’s questions concerning all matters related to Investor’s investment decision have been answered to Investor’s
satisfaction. 

  
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 7. Investor represents to the Company that Investor, together with any necessary assistance from
persons not affiliated with the Company, has the ability to understand and assess the risk involved in an investment in the Company. 
 8.
Investor believes, by reason of Investor’s business or financial experience, that Investor is capable of evaluating the merits and risks of this investment and of protecting Investor’s own interests in connection with this investment. 

9. Investor acknowledges that during the course of this transaction and prior to purchasing the Units, Investor has been provided with or been
offered the opportunity to receive financial and other written information about the Company and the terms and conditions of the offering. Investor has been given the opportunity by the Company to obtain such information and ask such questions
concerning the Company, the Units, and Investor’s investment as Investor felt necessary, and to the extent that Investor utilized such opportunity, Investor received satisfactory information and answers. If Investor requested any additional
information which the Company possessed or could acquire without unreasonable effort or expense which was necessary to verify the accuracy of the financial and other written information furnished to Investor by the Company, such additional
information was provided to the Investor and was satisfactory. In reaching the conclusion to invest in the Units, Investor has carefully evaluated Investor’s financial resources and investment position and the risks associated with this
investment, and Investor acknowledges that Investor is able to bear the economic risks of this investment. By electing to participate in this investment, Investor realizes Investor may lose Investor’s entire investment. Investor represents to
the Company that Investor is able to withstand the complete loss of Investor’s investment in the Units without undue financial hardship or significant change in Investor’s present or planned lifestyles due to financial hardship. Investor
further acknowledges that Investor’s financial condition is such that Investor is not under any present necessity or constraint to dispose of the Units to satisfy any existing or contemplated debt or undertaking 

10. Investor has not seen or received any advertisement or general solicitation with respect to the sale of the Units. 

11. Investor is not relying on any representations, warranties or other statements by the Company or any of its officers, managers, directors,
members, consultants, employees, agents, attorneys, accountants or representatives (“Company Parties”). Investor is not relying on any Company Party for legal, accounting, investment or tax advice, and Investor has sought independent
legal, accounting, investment and tax advice to the extent Investor has deemed necessary or appropriate in connection with Investor’s decision to subscribe for the Units. No Company Party has made any representation, warranties, promises,
agreements or projections to Investor. Any representations or promises (whether in writing, oral or otherwise) made by any person that contradict the provisions of this Agreement have not been authorized by the Company and cannot be relied upon by
Investor. 
 12. Investor is aware that Investor’s rights to transfer the Units is restricted by the Securities Act, applicable state
securities laws, the laws of other jurisdictions, the Units, the LLC Agreement, this Subscription Agreement and the absence of a market for the Units. Investor further understands that: (i) the Units will not be, and investors in the Company
have no rights to 

  
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require that the Units be, registered under the Securities Act; (ii) there will be no public market for the Units; (iii) Investor may not be able to avail itself of exemptions available
for resale of the Units without registration, and accordingly, may have to hold the Units indefinitely (except as provided in this Subscription Agreement and the Units); and (iv) it may not be possible for Investor to liquidate its investment
in the Company. 
 13. Investor understands that the materials provided to Investor by the Company do not purport to satisfy the
“prospectus” requirements that would apply to the issuance of the Units if the offering of the Units were a “public offering” within the meaning of the Securities Act. 

14. THE UNITS OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO “U.S. PERSONS” (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) UNLESS REGISTERED UNDER THE SECURITIES ACT OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS
THEREOF IS AVAILABLE. 
 15. THE PURCHASER OF THE UNITS SHOULD BE PREPARED TO BEAR THE ECONOMIC RISK OF THE INVESTMENT FOR AN INDEFINITE
PERIOD OF TIME BECAUSE THE UNITS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OR THE LAWS OF ANY OTHER JURISDICTION, AND, THEREFORE, CANNOT BE SOLD UNLESS THEY ARE SUBSEQUENTLY REGISTERED OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE. THE
ISSUER IS NOT OBLIGATED TO REGISTER THE UNITS UNDER THE SECURITIES ACT OR THE LAWS OF ANY OTHER JURISDICTION. THE UNITS ARE SUBJECT TO RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS SET FORTH IN THIS AGREEMENT. 

16. THE SALE OF THE UNITS WHICH IS THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN QUALIFIED WITH ANY STATE GOVERNMENTAL AUTHORITY AND THE ISSUANCE
OF THE UNITS OR THE PAYMENT OR RECEIPT OF ANY PART OF THE CONSIDERATION THEREFOR PRIOR TO SUCH QUALIFICATION IS UNLAWFUL, UNLESS THE SALE OF THE UNITS ARE EXEMPT FROM QUALIFICATION BY APPLICABLE STATE LAW. THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT
ARE EXPRESSLY CONDITIONED UPON SUCH QUALIFICATION BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT. 
 17. Investor understands that the Units
may bear one or more legends as described in the LLC Agreement. 
 18. Miscellaneous 

(a) Governing Law; Jurisdiction. This Agreement shall be governed by, and construed in accordance with, the laws of the
State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State
of Delaware. Except as otherwise expressly provided in this Agreement, any dispute relating hereto shall be heard in the state or federal courts 

  
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located in Los Angeles, California, and each party hereto waives any defense or objection to such jurisdiction and venue, including any defense based on lack of jurisdiction or inconvenient
forum. TO THE EXTENT PERMITTED BY LAW, EACH OF THE PARTIES HERETO (INCLUDING EACH MEMBER) IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL BY JURY IN ANY SUIT, ACTION OR OTHER PROCEEDING INSTITUTED BY OR AGAINST SUCH PARTY IN RESPECT OF ITS, HIS OR HER
OBLIGATIONS HEREUNDER. 
 (b) Notices. Any notice required or permitted by this Agreement will be in writing and will
be deemed sufficient upon delivery, when delivered personally or by a nationally-recognized delivery service, or 48 hours after being deposited in the U.S. mail, as certified or registered mail, with postage prepaid, addressed to the party to be
notified at that party’s address as follows: if to the Company, at the address of its principal office; if to the Investor, to its address stated on the signature page of this Agreement. Either party can change its notice address by written
notice to the other in accordance with this Agreement. 
 (c) Amendments and Waivers; Entire Agreement. This Agreement
can be amended only with the written consent of Investor and the Company. Any amendment or waiver made in accordance with this paragraph will be binding upon Investor, the Company and each transferee of this Agreement. This Agreement and the LLC
Agreement contain the entire agreement between the parties with respect to the matters covered thereby. 
 (d) Further
Assurances. Investor will cooperate fully with the Company to execute any further documents or take further action as the Company reasonably requests to evidence and reflect the transactions described in this Agreement and contemplated by it,
and to carry into effect the intents and purposes of this Agreement. 
 (e) Dispute Fees. If either Investor or the
Company initiates a proceeding to enforce this Agreement, the prevailing party in the proceeding will be entitled to recover its reasonable attorneys’ fees and other costs incurred in the proceeding from the other party, in addition to any
other relief to which the prevailing party is entitled. 
 (f) Severability; Counterparts. The provisions of this
Agreement are severable. The invalidity, in whole or in part, of any provision of this Agreement will not affect the validity or enforceability of any other of its provisions. If one or more such provisions are declared invalid or unenforceable, the
remaining provisions will remain in full force and effect and will be construed in the broadest possible manner to carry out the purposes of this Agreement. Investor and the Company will replace the void or unenforceable provisions of this Agreement
with valid and enforceable provisions that will achieve, to the extent possible, the economic, business and other purposes of the void or unenforceable provisions. This Agreement may be signed in counterparts, including via pdf, fax or other
electronic format, and all such counterparts shall constitute one agreement. 

  
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 (g) Principles of Interpretation. The headings in this Agreement are only
for convenience and ease of reference and are not to be considered in construction or interpretation of this Agreement, or as evidence of the intention of the Company or Investor. Except where otherwise indicated, all references in this Agreement to
Sections are to the Sections of this Agreement. Each party acknowledges that it has had the opportunity to consult with its own counsel concerning this Agreement. No presumption or burden of proof or persuasion will be implied because this Agreement
was prepared by or at the request of any party or its counsel, notwithstanding any statute or rule of law to the contrary. The word “including” does not imply any limitation. 

(h) Delays or Omissions. No delay or failure by the Company to insist on the strict performance of any provision of this
Agreement, or to exercise any power, right or remedy, will be deemed a waiver or impairment of such performance, power, right or remedy or of any other provision of this Agreement nor will it be construed to be a waiver of any breach or default, or
an acquiescence in it, or of or in any similar breach or default later occurring. 
 (i) Transferability. The rights
and obligations of Investor under this Agreement are not transferable. The Company may, in its sole and absolute discretion, assign its rights and delegate its duties under this Agreement to any entity that acquires the Company through a merger or
similar transaction, in which event, unless the context otherwise requires, all references in this Agreement to the Company shall be deemed to be references to such acquiring entity. 

[Signature page follows] 

  
 -5- 

 IN WITNESS WHEREOF, Investor and Company have executed this Subscription Agreement as of the date
first set forth above. 
  

					
	  
	 		 	  

	(Signature of Subscriber)	 		 	(Signature of Spouse, or joint tenant, if any)
			
	  
	 		 	  

	(Printed Name of Subscriber)	 		 	(Printed Name of Spouse, or other joint tenant, if any)
			
	  
	 		 	  

	(Address)	 		 	(Address)
			
	  
	 		 	  

	(Social Security Number)	 		 	(Social Security Number)

 The undersigned agrees that this Agreement shall be binding upon the undersigned as if the undersigned was the Investor:

  

			
	By:	 	  

	Name:	 	

 APPROVED AND ACCEPTED in accordance with the terms of this Agreement on 

as of the date first set forth above: 
 loanDepot.com, LLC 

 

			
	By:	 	  

	Name:	 	
	Title:	 	

  
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 Exhibit A 

Trilogy Management Investors Four, LLC 

LIMITED LIABILITY COMPANY AGREEMENT 
 See
attached. 

  
 -7- 

 Exhibit B 

Trilogy Management Investors Four, LLC 

Joinder 
 The undersigned
is executing and delivering this Joinder pursuant to the Limited Liability Company Agreement of Trilogy Management Investors Four, LLC, a Delaware limited liability company, dated as of
                    , as amended and in effect from time to time (the “TMI4 LLC Agreement”). Capitalized terms used herein
and not otherwise defined shall have the meanings ascribed to such terms in the TMI4 LLC Agreement. 
 By executing and delivering to
Trilogy Management Investors Four, LLC this Joinder, the undersigned hereby agrees to become a party thereto, and shall accept and be subject to, and comply with the terms, conditions and provisions of the TMI4 LLC Agreement as a “Member”
and a holder of “LLC Units” thereunder, and shall be entitled to the rights and benefits and subject to the duties and obligations of a Member and a holder of such LLC Units thereunder in the same manner as if the undersigned was an
original signatory to the TMI4 LLC Agreement. 
 Accordingly, the undersigned has executed and delivered this Joinder as of the date of the
Subscription Agreement by and between the undersigned and loanDepot.com, LLC. 
  

			
	By:	 	  

	Name:	 	

  

			
	Acknowledged and Agreed to by:
	
	Trilogy Management Investors Four, LLC
		
	By:	 	  

	Name:	 	Anthony Hsieh
	Its:	 	Manager

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