Document:

Third Amendment to Real Estate Purchase Agreement and Escrow Instructions

 Exhibit 10.7 
 THIRD AMENDMENT TO “REAL ESTATE PURCHASE AGREEMENT 
 AND ESCROW
INSTRUCTIONS” 
 THIS THIRD AMENDMENT TO REAL ESTATE PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS (this “Third
Amendment”) is entered into as of July 26, 2011, by and between HESPERIA – MAIN STREET, LLC, a California limited liability company (“Seller”), and TNP SRT TOPAZ MARKETPLACE, LLC, a Delaware limited
liability company (“Buyer”). 
 RECITALS 

WHEREAS, Seller and TNP Acquisitions, LLC, a Delaware limited liability company (“Original
Buyer”) entered into that certain Real Estate Purchase Agreement and Escrow Instructions dated April 29, 2011 (the “Original Agreement”), as amended by
that certain First Amendment thereto dated June 1, 2011 (the “First Amendment”), that certain Buyer’s Final Approval Notice dated June 10, 2011 (the “Approval Notice”), and that certain
Second Amendment thereto dated July 15, 2011 (the “Second Amendment”, and together with the Original Agreement, the First Amendment and the Approval Notice, the “Agreement”), with respect to the
real property and improvements located in Hesperia, California, commonly known as 14101, 14135, and 14177 Main Street, Hesperia, California 92345, and improved with an approximate 53,259 square foot retail shopping complex, altogether as more
particularly described on Exhibit “A” to the Original Agreement (the “Property”); 

WHEREAS, Original Buyer assigned all of its right title and interest under the Agreement to Buyer, pursuant to that certain Assignment
and Assumption of Real Estate Purchase Contract and Escrow Instructions, dated as of June 18, 2011 (the “Assignment”); 
 WHEREAS, the Assignment was pursuant to and authorized by Section 9.3 of the Original Agreement, however, pursuant to said Section 9.3, the Assignment has not relieved Original Buyer of its
liabilities and obligations under the Agreement; 
 WHEREAS, the Closing under the Agreement, originally scheduled for
June 20, 2011, was extended to July 19, 2011 and later extended to August 1, 2011 (the “Closing Date”); 
 WHEREAS, Buyer and Seller are now desirous of further extending the Closing Date and to making certain other amendments and modifications to the Agreement, as more particularly provided below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the promises and mutual agreements contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as set forth below. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement. 

1. Extension of Closing Date. The Closing Date is hereby extended to August 31, 2011. 

  
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 2. Deposit and Escrow. 

2.1. By no later than 5 pm on Wednesday, July 27, 2011, Escrow Agent shall deliver to Seller by wire transfer, and without need for
additional instructions from Buyer, the Deposit. Buyer shall execute and deliver to Escrow Agent any supplemental escrow instructions required by Escrow Agent to allow Escrow Agent to timely release the Deposit to Seller. 

2.2. By no later than 5 pm on Monday, August 1, 2011, Buyer shall deliver to Escrow Agent, by wire transfer, the additional sum of
$270,000 (the “Second Additional Deposit”). By no later than 5 pm on Tuesday, August 2, 2011, Escrow Agent shall deliver to Seller by wire transfer, and without need for additional instructions from Buyer, the Second
Additional Deposit. Buyer shall execute and deliver to Escrow Agent any supplemental escrow instructions required by Escrow Agent to allow Escrow Agent to timely release the Second Additional Deposit to Seller. 

2.3. As to the Second Additional Deposit: (i) the sum of $250,000 shall be credited against and applied to the Purchase Price on the
Closing Date, and shall be deemed additional liquidated damages to Seller should the Closing fail to occur due to Buyer’s default; and (ii) the sum of $20,000 shall be deemed additional consideration to Seller for entering into this Third
Amendment (and reimbursement for Seller’s time and effort and costs and expenses incurred), and said $20,000 shall be non-refundable to Buyer and retained by Seller as its sole property, and not credited against nor applied to the
Purchase Price on the Closing Date. Should Escrow Agent fail to receive the entire Second Additional Deposit from Buyer by 5 pm on August 1, 2011, Buyer shall be deemed to be default under the Agreement and this Third Amendment, the Escrow
shall be cancelled, the Agreement and this Third Amendment shall terminate (except for those provisions that expressly survive the termination of the Agreement and this Third Amendment), and Seller shall retain the previously delivered Deposit for
its own account as liquidated damages. Upon Seller’s receipt of the Deposit and Second Additional Deposit, such sums shall be nonrefundable to Buyer unless a Closing fails to occur due to Seller’s breach or default under or as otherwise
provided in the Agreement as amended by this Third Amendment, in which event: (i) the Deposit plus the entire Second Additional Deposit shall be refundable to Buyer in event a Closing fails to occur due to Seller’s default, or
(ii) the Deposit plus $250,000 of the Second Additional Deposit shall be refundable to Buyer in the event a Closing fails to occur for a reason otherwise provided in the Agreement as amended by this Third Amendment (for example, a Material
Adverse Change in the physical condition of the Property). 
 3. Buyer’s Default. Section 6.1 of the Original
Agreement is hereby deleted and the following shall be substituted: 
 BUYER’S DEFAULT. IF THE SALE CONTEMPLATED BY THE AGREEMENT
AND THIRD AMENDMENT IS NOT CONSUMMATED BECAUSE OF A DEFAULT BY BUYER IN ITS OBLIGATION TO PURCHASE THE PROPERTY IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT AS AMENDED BY THE THIRD AMENDMENT, THEN: (A) THE AGREEMENT AND THIRD AMENDMENT SHALL
TERMINATE; (B) THE DEPOSIT PLUS $250,000 OF THE SECOND ADDITIONAL DEPOSIT PREVIOUSLY PAID TO SELLER SHALL BE RETAINED BY SELLER AS 

  
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LIQUIDATED DAMAGES; AND (C) SELLER AND BUYER SHALL HAVE NO FURTHER OBLIGATIONS TO EACH OTHER EXCEPT THOSE THAT SURVIVE THE TERMINATION OF THE AGREEMENT AND THIRD AMENDMENT. BUYER AND SELLER
ACKNOWLEDGE THAT THE DAMAGES TO SELLER IN THE EVENT OF A BREACH OF THE AGREEMENT AND THIRD AMENDMENT BY BUYER WOULD BE DIFFICULT OR IMPOSSIBLE TO DETERMINE, THAT THE AMOUNT OF THE DEPOSIT PLUS $250,000 OF THE SECOND ADDITIONAL DEPOSIT PLUS INTEREST
REPRESENTS THE PARTIES’ BEST AND MOST ACCURATE ESTIMATE OF THE DAMAGES THAT WOULD BE SUFFERED BY SELLER IF THE TRANSACTION SHOULD FAIL TO CLOSE AND THAT SUCH ESTIMATE IS REASONABLE UNDER THE CIRCUMSTANCES EXISTING AS OF THE DATE OF THE THIRD
AMENDMENT AND UNDER THE CIRCUMSTANCES THAT SELLER AND BUYER REASONABLY ANTICIPATE WOULD EXIST AT THE TIME OF SUCH BREACH. BUYER AND SELLER AGREE THAT SELLER’S RIGHT TO RETAIN THE DEPOSIT PLUS $250,000 OF THE SECOND ADDITIONAL DEPOSIT TOGETHER
WITH ANY INTEREST AND EARNINGS EARNED THEREON SHALL BE SELLER’S SOLE REMEDY, AT LAW AND IN EQUITY, FOR BUYER’S FAILURE TO PURCHASE THE PROPERTY IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT AND THIRD AMENDMENT. HOWEVER, NOTHING IN THIS
SECTION SHALL (i) PREVENT OR PRECLUDE SELLER’S RECOVERY OF REASONABLE ATTORNEYS’ FEES OR OTHER COSTS INCURRED BY SELLER PURSUANT TO SECTION 9.8 OF THE ORIGINAL AGREEMENT, OR (ii) IMPAIR OR LIMIT THE EFFECTIVENESS OR ENFORCEABILITY OF
BUYER’S INDEMNIFICATION OBLIGATIONS CONTAINED IN THE ORIGINAL AGREEMENT. SELLER HEREBY WAIVES ANY RIGHT TO AN ACTION FOR SPECIFIC PERFORMANCE OF ANY PROVISIONS OF THIS AGREEMENT. 

 

																	
	 INITIALS
	 	RH SELLER	 	JM BUYER	 		 		 		 	

 4. Tenant Estoppels and SNDAs. Buyer acknowledges and agrees that Seller has fully satisfied
Seller’s obligations under Sections 5.4.3 and 5.4.4 of the Original Agreement to deliver to Buyer Tenant Estoppels and SNDAs from its Tenants. 
 5. Miscellaneous. Time is of the essence with respect to the parties’ respective duties and obligations under the Agreement and this Third Amendment. Except as specifically modified by this
Third Amendment, the terms and conditions of the Agreement shall, as amended hereby, continue in full force and effect. This Third Amendment may be executed in any number of counterparts and it shall be sufficient that the signature of each party
appear on one or more such counterparts. All counterparts shall collectively constitute a single agreement. In order to expedite the execution and effectiveness of this Third Amendment, signatures may be delivered and exchanged by email (pdf scan),
or by facsimile. 
 [SEE SIGNATURES ON FOLLOWING PAGE >>>] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment as of the date
first written above. 
  

							
	SELLER:	 		 	 Hesperia – Main Street, LLC,
 a California limited liability company,

				
		 		 	By:	 	 /s/ Robert Herscu

		 		 	Name:	 	Robert Herscu, Manager

 BUYER: 
  

							
		 	 TNP SRT Topaz Marketplace, LLC,
 a Delaware limited liability company

			
		 	By:	 	TNP Strategic Retail Operating Trust, L.P.,
		 		 	a Delaware limited partnership
		 	Its:	 	Sole Member
			
		 		 	 By:     TNP Strategic Retail Trust, Inc.,
 a Maryland corporation

		 		 	Its:     General Partner
				
		 		 	By:	 	 /s/ Jack Maurer

		 		 	Name:	 	 Jack Maurer

		 		 	Title:	 	  

  
 4EX-10.1

 Exhibit 10.1 
 DOMAIN NAME TRANSFER AGREEMENT 
 This Domain Name Transfer Agreement (the
“Agreement”) dated this 18th day of October, 2011 (the “Effective Date”) 
 BETWEEN: 

Banks.com, Inc., 425 Market Street, Suite 2200, San Francisco, California, 94105, United States of America
(“Vendor”) 
 AND 
 Quidsi, Inc., 10 Exchange Place, 25th Floor, Jersey City, New Jersey 07302, United States of America (“Purchaser”) 
 WITNESSES THAT WHEREAS: 
  

	A.	Vendor is the registrant of the Internet domain name look.com (the “Domain Name”); and 

 

	B.	Vendor has agreed to sell and Purchaser has agreed to purchase the Domain Name on the terms and conditions set out in this Agreement. 

NOW THEREFORE, in consideration of the premises, covenants and agreements herein contained, and other good and valuable consideration the sufficiency of
which is hereby acknowledged, the parties agree as follows: 
  

	1.	PURCHASE AND SALE 

  

	1.1	Vendor hereby sells, transfers and assigns to Purchaser, all of Vendor’s right, title and interest in and to the Domain Name, including all of Vendor’s rights
as the registrant of the Domain Name, and including any Trademark rights in look.com. 

  

	2.	PURCHASE PRICE 

  

	2.1	The purchase price payable by Purchaser to Vendor for the Domain Name is $400,000.00 USD (the “Purchase Price”), inclusive of all taxes of any sort.
The Purchase Price will be payable upon successful completion of the transfer of the Domain Name registration (the “Registration”) to Purchaser. 

 

	3.	TRANSFER OF DOMAIN NAME AND PAYMENT OF PURCHASE PRICE 

  

	3.1	Immediately upon execution and delivery of this Agreement, each of the parties will work promptly and efficiently with the escrow agent Escrow.com to arrange:

  

	 	(a)	the transfer of the Registration to Purchaser; and 

	 	(b)	payment of the Purchase Price to Vendor in accordance with Section 2 above. Purchaser will be responsible for the charges of the escrow agent.

  

	4.	CESSATION OF USE OF DOMAIN NAME 

  

	4.1	Immediately upon completion of the transfer of the Domain Name to Purchaser, the Vendor and all persons and entities controlled by or affiliated with Vendor shall
refrain from using or seeking to register as a domain name, email address, metatag, keyword, social network user name, business name, corporate name, trade name or trademark, any word or combination of letters that is: 

 

	 	(a)	confusingly similar to the Domain Name; or 

  

	 	(b)	that is a variation or permutation of the word “look”, 

 except as set forth on Schedule “A” attached. 
  

	5.	REPRESENTATIONS AND WARRANTIES OF VENDOR 

  

	5.1	Vendor represents and warrants to Purchaser, acknowledging that Purchaser is relying on these representations and warranties in entering into this Agreement, that:

  

	 	(a)	Vendor is the sole legal and beneficial owner, registrant and user of the Domain Name and has sufficient authority and right to enter into this Agreement and perform
its obligations hereunder, and in particular, to transfer all title and ownership of the Domain Name and the Registration to Purchaser as provided in this Agreement, free and clear of all liens, charges and encumbrances; 

 

	 	(b)	as at the Effective Date, there are no outstanding or pending proceedings under the Uniform Dispute Resolution Policy and there have been no third party claims, threats
or demands against Vendor or any persons or entities controlled by or affiliated with Vendor in connection with the registration and/or use of the Domain Name, including claims for infringement of third party trade-mark or other intellectual
property rights; 

  

	 	(c)	there is no contract, option or any other right of any person binding upon Vendor, or which at any time may become binding upon Vendor, to sell, transfer, assign,
license or in any other way dispose of or encumber the Domain Name or the Registration, other than pursuant to the provisions of this Agreement; and 

  

	 	(d)	neither Vendor nor any person or entity controlled by or affiliated with Vendor is the registrant or owner of any domain name, email address, metatag, keyword, social
network user name, business name, corporate name, trade name or trade-mark, comprised of any word or combination of letters that is: 

  

	 	(i)	confusingly similar to the Domain Name; or 

  

	 	(ii)	that is a variation or permutation of the word “look”, 

  
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	 	    	except as set forth on Schedule “A”, attached. 

  

	6.	COVENANTS OF VENDOR 

  

	6.1	Except to the extent Vendor is specifically required by governmental authorities or is otherwise legally ordered to do so by any Court, tribunal, administrative or
governmental authority, or as is required by applicable securities laws, neither Vendor nor any person or entity controlled by or affiliated with Vendor will, at anytime in the future: 

 

	 	(a)	disclose to any third party the amount paid by Purchaser to Vendor hereunder for the Domain Name; 

 

	 	(b)	publicize this transaction and in the event that any third party approaches Vendor for information about the sale of the Domain Name, such third party will either be
ignored and not responded to or told that such information is not available; or 

  

	 	(c)	directly or indirectly interfere with Purchaser’s or any assignee of Purchaser’s rights in the Domain Name or Purchaser’s or any assignee of
Purchaser’s use or registration, or future transfer, of the Domain Name. 

  

	7.	GENERAL 

  

	7.1	Each of the parties will execute and deliver such further and other documents as may be necessary to give effect to this Agreement and to carry out its provisions.

  

	7.2	Except as specified in Section 3.1 above, each of the parties will be responsible for payment of their own fees, costs and expenses incurred in connection with the
transfer of the Domain Name and the Registration. Vendor will be responsible for the payment of any applicable taxes arising as a result of its sale of the Domain Name herein. 

 

	7.3	This Agreement will inure to the benefit of and be binding on the parties and their respective heirs, executors, administrators, successors and assigns.

  

	7.4	This Agreement embodies the entire agreement between the parties with respect to the subject matter of this Agreement and supersedes all other understandings,
agreements, representations or warranties, whether expressed or implied, written or oral, relating thereto. This Agreement may only be varied in writing, signed by an authorized representative of each party. 

 

	7.5	This Agreement will be governed by the laws of the State of New York and the laws of United States applicable therein. All disputes arising from or relating to the
Agreement will be adjudicated in the U.S. District Courts in New York, NY. 

  

	7.6	This Agreement may be executed by the parties in counterparts. Each party may use facsimile transmission to deliver an executed copy of this Agreement but will forward
by commercial courier an originally executed copy to the other party promptly following execution. Time is of the essence in all matters related to this Agreement. 

  
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	7.7	In the event that any provision of this Agreement is not enforceable, such provision will be severed from this Agreement, and the remainder of this Agreement will
remain in full force and effect. 

  

	7.8	Sections 4, 5, 6 and 7 of this Agreement will survive the completion of the transfer of the Domain Name and the Registration to Purchaser. 

IN WITNESS WHEREOF, the parties have executed and delivered this Agreement to have effect from the Effective Date. 

 

			
	BANKS.COM, INC.
		
	Per:	 	/s/ Daniel M. O’Donnell
		 	Daniel M. O’Donnell

  

			
	QUIDSI, INC.
		
	Per:	 	/s/ Marc Lore
		 	Marc Lore

  
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