Document:

EX-10.1

 EXHIBIT 10.1 

In this document, “[***]” indicates that certain confidential information has been redacted from this document because it is both
(i) not material to investors and (ii) likely to cause competitive harm to the Company if publicly disclosed. 
 August 21, 2019 

Stein Mart, Inc. 
 1200 Riverplace Boulevard 

Jacksonville, FL 32207 

Attn: James Brown, Chief Financial Officer 

Re:    Credit Card Program Agreement 

Dear James: 
 Reference is made to that certain Amended and
Restated Co-Brand and Private Label Credit Card Consumer Program Agreement, dated February 24, 2016, by and between Stein Mart, Inc. and Synchrony Bank, as amended by amendments dated as of May 9,
2016, as of September 13, 2016, as of February 22, 2018 and as of November 20, 2018 (collectively, the “Agreement”). Capitalized terms used herein shall have the meanings ascribed to them in the Agreement. 

Pursuant to Section 10.2(p) of the Agreement, the Bank has a right to terminate the Agreement if Retailer fails
to meet the financial covenants and comply with the terms set forth in Schedule 10.2(p) (collectively, “Financial Covenants”). In lieu of requiring the Retailer to provide collateral to the Bank in consideration of a waiver
of a failure to satisfy these covenants, the Bank and Retailer have agreed to amend the Agreement and to waive the Retailer’s obligation to comply with the Financial Covenants based on Retailer’s financial results through and including
October 31, 2020 (the “Exemption Period”). Thereafter, Retailer shall be required to satisfy the Financial Covenants and the Financial Covenants will remain in full force and effect in all subsequent periods during the Term. 

In addition, the parties agree from September 1, 2019 through the end of the Exemption Period the Agreement will be amended to apply a Retailer Royalty
of [***] ([***] basis points) and Acquisition Bounty Payments of $[***] for each Co-Brand Account and $[***] for each Private Label Account. Thereafter, the Retailer Royalty and Acquisition Bounty Payments set
forth in Schedule 4.1 of the Agreement shall apply for the remainder of the Term. 
 This letter agreement amends the Agreement and supersedes
and replaces in its entirety all discussions, understandings and agreements, written or oral, between the parties after November 20, 2018 relating to the Retailer’s failure to satisfy the Financial Covenants. For avoidance of doubt the
Fourth Amendment to the Agreement is not superseded. Except as amended by this letter agreement, the Agreement remains in full force and effect. Kindly indicate your acceptance of the terms of this letter agreement by signing the Acknowledgement
below. Thank you. 
 Sincerely, 
  

			
	   /s/ Jack Thayer

                     
                                         
                                         
      

	  Jack Thayer, SVP, General Manager – Diversified Client Group

 ACKNOWLEDGED AND AGREED 

this 21 day of August, 2019: 
 STEIN MART, INC.

  

			
	 By:
	 	   /s/ D. Hunt Hawkins

		 	
                     
                        

	 Name:
	 	   D. Hunt HawkinsExhibit 10.1

    

     

    

    
      SHAREHOLDERS AGREEMENT WAIVER

      

      

      

      

      This Shareholders Agreement Waiver (this “Waiver”) is made and entered into effective as of August 23, 2019, by and among FinTech Investor Holdings II, LLC (“Sponsor”),

        International Money Express, Inc. (f/k/a FinTech Acquisition Corp. II) (the “Company”) and SPC Intermex Representative LLC (“Intermex Representative”).

       

      

      WHEREAS, Sponsor, the Company and Intermex Representative and certain other stockholders of the Company have entered into that certain Shareholders
        Agreement, dated as of July 26, 2018 (as amended, the “Shareholders Agreement”); capitalized terms used but not defined herein shall have the meanings given to them in the Shareholders Agreement;

      

      

      WHEREAS, Sponsor desires to distribute  (i) on the date hereof (the “First Release Date”), an aggregate of 394,793 shares (the “First Release Shares”) of
        the shares of the Common Stock held by Sponsor  and (ii) on October 15, 2019 (the “Second Release Date”), an aggregate of 394,785 shares (the “Second Release Shares”) of the shares of the Common Stock held by Sponsor, in each case, to those limited
        liability company members of Sponsor set forth on Exhibit A to this Waiver (the “Investors”) and in the amounts set forth on Exhibit A to this Waiver;

      

      

      WHEREAS, each of the Investors have entered enter into separate Joinders to that certain Letter Agreement dated January 19, 2017 between certain
        stockholders of the Company and the Company (copies of which are attached as Exhibit B to this Waiver (the “Joinder Agreements”); and

      

      

      WHEREAS, the Company, Sponsor and Intermex Representative, in accordance with Section 16 of the Shareholders Agreement, desire to waive certain
        provisions of the Shareholders Agreement with respect to Sponsor’s distribution of the First Release Shares and the Second Release Shares to the Investors.

      

      

      NOW THEREFORE, the parties agree as follows:

      

      

      
        	
                1.

              	
                Waiver.   The
                    provisions of Section 4 of the Shareholders Agreement are hereby waived, and shall not apply to, the Transfer by Sponsor to the Investors of (i) the First Release Shares on or after the First Release Date and (ii) the Second Release
                    Shares on or after the Second Release Date.   In addition, the provisions of Section 6 of the Shareholders Agreement are hereby waived with respect to the foregoing transfers, it being understood that in no event shall the Investors be
                    obligated to become a party to, or be bound by, the Shareholders Agreement in connection with their receipt of the First Release Shares or the Second Release Shares, respectively.   This Waiver shall not be deemed a waiver or consent
                    with respect to any other Transfer under the Shareholders Agreement.

              

      

      
        
          

      

      
      
        	
                2.

              	
                This Waiver may be executed in two or more counterparts, and by facsimile or other electronic means, all of which shall be deemed an original and all of which
                  together shall constitute one instrument.

              

      

      

      

      
        	
                3.

              	
                Except as specifically set forth in this Waiver, the terms and provisions of the Shareholders Agreement remain in full force and effect.  Nothing in this Waiver
                  shall, or shall be construed as, waiving, amending or otherwise modifying any of the Joinder Agreements or the terms thereof.

              

      

      

      

      

      

      

      

      [Signature Page Follows]

      
        2

        
          

      

      IN WITNESS WHEREOF, the parties hereto have caused this Waiver to be duly executed as of the date first above written.

       

      	 	
              FINTECH INVESTOR HOLDINGS II, LLC

            
	 	 
	 	
              By:  /s/ Amanda Abrams

            
	 	
              Amanda Abrams, Manager

            
	 	
               

            
	 	 
	 	
              INTERNATIONAL MONEY EXPRESS, INC.

            
	 	 
	 	
              By:  /s/ Tony Lauro II

            
	 	
              Name: Tony Lauro II

            
	 	
              Title:  Chief Financial Officer

            
	 	 
	 	 
	 	
              SPC INTERMEX REPRESENTATIVE LLC

            
	 	 
	 	
              By:  /s/ Adam Godfrey

            
	 	
              Name:  Adam Godfrey

            
	 	
              Title:   Authorized Signatory

              

            

      

      

      
        [Shareholders Agreement Waiver]

        
          
            

        

      

      EXHIBIT A

      

      

       [List of recipients and amounts of shares to be released]Exhibit 10.2

    

     

    

    
      REGISTRATION RIGHTS AGREEMENT WAIVER

      

      

      

      

      This Registration Rights Agreement Waiver (this “Waiver”) is made and entered into effective as of August 23, 2019, by and among FinTech Investor Holdings II, LLC (“Sponsor”),
        International Money Express, Inc. (f/k/a FinTech Acquisition Corp. II) (the “Company”) and SPC Intermex, LP (“SPC”).

       

      

      WHEREAS, Sponsor, the Company, SPC and certain other stockholders of the Company have entered into that certain Registration Rights Agreement, dated as
        of July 26, 2018 (as amended, the “Registration Rights Agreement”); capitalized terms used but not defined herein shall have the meanings given to them in the Registration Rights Agreement;

      

      

      WHEREAS, Section 4.4 of the Registration Rights Agreement provides that the Company and the Holders holding a majority of the Registrable Securities then
        held by all Holders may waive, subject to certain conditions provided therein, any of the provisions of the Registration Rights Agreement;

      

      

      WHEREAS, SPC currently holds a majority of the Registrable Securities held by all Holders under the Registration Rights Agreement;

      

      

      WHEREAS, Sponsor desires to distribute (i) on the date hereof, an aggregate of 394,793 shares (the “First Release Shares”) of the shares of the Common
        Stock held by Sponsor and (ii) on October 15, 2019, an aggregate of 394,785 shares (the “Second Release Shares”) of the shares of the Common Stock held by Sponsor, in each case, to those limited liability company members of Sponsor set forth on Exhibit
          A to this Waiver (the “Investors”) and in the amounts set forth on Exhibit A to this Waiver;

      

      

      WHEREAS, the First Release Shares and the Second Release Shares will be transferred to the Investors with an assignment of rights under the Registration
        Rights Agreement, and in connection therewith, each of the Investors will enter into a Joinder to the Registration Rights Agreement in the form contemplated thereby; and

      

      

      WHEREAS, the Company and SPC, in accordance with Section 4.4 of the Registration Rights Agreement, desire to waive certain provisions of the Registration
        Rights Agreement with respect to the Investors.

      

      

      NOW THEREFORE, the parties agree as follows:

      

      

       

      

      
        	
                1.

              	
                Waiver.   To the extent
                    an Investor is as of the date hereof, or becomes through execution of a Joinder in accordance with the Registration Rights Agreement upon transfer of the First Release Shares and/or the Second Release Shares, a party to the Registration
                    Rights Agreement, the Company and SPC hereby waive the application of the provisions of Section 2.7 of the Registration Rights Agreement with respect to each such Investor in connection with the first sale of Registrable Securities
                    under that certain Registration Statement on Form S-3 filed by the Company with the SEC on July 30, 2019 to occur after the date of this Waiver (the “First Offering”).  This Waiver shall not be deemed a waiver of the application of the
                    provisions of Section 2.7 of the Registration Rights Agreement with respect to any Person, including any other member of Sponsor, other than the Investors identified herein, or with respect to any sale of Registrable Securities pursuant
                    to the Registration Rights Agreement, other than the First Offering.  SPC and the Company shall take all necessary action to carry out the intent of this Waiver.

              

      

      
        
          

      

      
      
        	
                2.

              	
                This Waiver may be executed in two or more counterparts, and by facsimile or other electronic means, all of which shall be deemed an original and all of which
                  together shall constitute one instrument.

              

      

      

      

      
        	
                3.

              	
                Except as specifically set forth in this Waiver, the terms and provisions of the Registration Rights Agreement remain in full force and effect.

              

      

      

      

      

      

      

      

      [Signature Page Follows]

      
        2

        
          

      

      IN WITNESS WHEREOF, the parties hereto have caused this Waiver to be duly executed as of the date first above written.

       

      
        	 	
                FINTECH INVESTOR HOLDINGS II, LLC

              
	 	 
	 	
                By:  /s/ Amanda Abrams

              
	 	
                Amanda Abrams, Manager

              
	 	 
	 	 
	 	
                INTERNATIONAL MONEY EXPRESS, INC.

              
	 	 
	 	
                By:  /s/ Tony Lauro II

              
	 	
                Name:  Tony Lauro II

              
	 	
                Title:   Chief Financial Officer

              
	 	 
	 	
                SPC INTERMEX, LP

              
	 	 
	 	
                By:  SPC Intermex GP, LLC, its general partner

              
	 	 
	 	
                By:  Stella Point Capital, LLC, its managing member

              
	 	 
	 	
                By: /s/ Adam Godfrey

              
	 	
                Name:  Adam Godfrey

              
	 	
                Title:    Authorized Signatory

                

              

      

      

        [Registration Rights Agreement Waiver]

        
          
            

        

      

      EXHIBIT A

      

      

       [List of recipients and amounts of shares to be released]

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