Document:

Exhibit 10.4 Amendment No. 13

 

Exhibit 10.4

GMP Amendment Number 13

     This Separate GMP Amendment is executed this 13th day of April, 2007, by Gaylord
National, LLC (“Owner”) and Perini Tompkins Joint Venture (“Construction Manager”) pursuant to the
Agreement dated May 9, 2005 (“Agreement”) executed by the parties for the performance by the
Construction Manager of certain construction work and construction management services for the
Gaylord National Harbor Resort and Convention Center Project (“the Project”) as identified therein,

	 	1.	 	Pursuant to the Agreement, Construction Manager hereby agrees that the
Guaranteed Maximum Price (“GMP”) for the Work to be performed on the Project (including
all Work under this GMP Amendment Number 13 and all Work previously authorized pursuant
to GMP Amendments shall be $581,259,905 and that the GMP is accounted as follows: (a)
the Preconstruction Services equals $350,000, (b) the Construction Manager’s Lump Sum
General Conditions equals $24,459,680, (c) the Cost of the Work equals $524,933,005,
(d) the Construction Manager’s Fee equals $17,526,399, (e) Contingency equals
$13,740,264, (f) the Mock-up Room cost of Work equals $250,557).

	 	 	 	 	 	 	 	 	 	 	 
	OWNER	 	 	 	CONSTRUCTION MANAGER	 	 
	GAYLORD NATIONAL, LLC	 	 	 	PERINI TOMPKINS JOINT VENTURE	 	 
	By:

	 	Gaylord Hotels, Inc. sole member	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

	 	/s/ David C. Kloeppel
 

Name: David C. Kloeppel
	 	 
	 	By:

	 	/s/ Mark Makary
 

Name: Mark Makary
	 	 
	

	 	Title:   EVP
	 	 	 	
	 	Title:   Principal in ChargeEX-10.1

 

EXHIBIT 10.1

FIRST MODIFICATION OF REVOLVING CREDIT AGREEMENT

     THIS FIRST MODIFICATION OF REVOLVING CREDIT AGREEMENT (the “Modification”) is made and entered
into to be effective the 16th day of April, 2007, by and between R. G. BARRY
CORPORATION, an Ohio corporation (the “Borrower”) and THE HUNTINGTON NATIONAL BANK, a national
banking corporation (the “Bank”).

RECITALS

     I. The Borrower and the Bank entered into an Revolving Credit Agreement dated March 29, 2007,
(the “Credit Agreement”);

     II. The Borrower has requested the ability to obtain letters of credit under its Commitment
from the Bank; and

     III. The Borrower and the Bank by mutual agreement desire to modify the Credit Agreement to
make provision for letters of credit.

     Section 1. NOW, THEREFORE, for good and valuable considerations, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

     Section 2. This Modification shall be limited to this specific transaction and shall
not be deemed or construed as consent by the Bank to any other modification of the Credit Agreement
or other loan documents executed in connection therewith. This Modification shall only modify the
Credit Agreement to the extent provided herein, all other provisions thereof remaining unchanged
and in full force and effect.

     Section 3. The following is added as a new Section 1.3 to the Credit Agreement:

1.3 The Letters of Credit. From the date hereof until the
Termination Date, the Bank agrees to issue, against the Commitment,
one or more letters of credit (the “Letter(s) of Credit”) from time
to time in the maximum aggregate face amount outstanding at any one
time of $1,500,000.00, subject to the terms and conditions of this
Agreement; provided, however, that the Bank shall have no obligation
to issue any Letter(s) of Credit pursuant hereto at any time when
there exists any set of facts or circumstances which, by themselves
or upon the giving of notice or the lapse of time, or both would
constitute an Event of Default under this Agreement. The Letter(s)
of Credit shall be evidenced by and reimbursement therefor shall be
made in accordance with the terms of one or more applications and
agreements for commercial letter(s) of credit agreed upon by the
parties hereto in substitution or partial substitution therefor in
favor of the Bank. No Letter(s) of Credit shall have an expiry date
in excess of one year from the date of its issuance nor later than
the Termination

 

Date. Any Letter(s) of Credit issued hereunder will reduce the
availability under the Commitment dollar for dollar. The Borrower
shall pay all fees required by the Bank for each Letter(s) of Credit
issued. The Borrower shall also pay all other out of pocket
expenses in connection with the issuance of any Letter(s) of Credit.
The Letters of Credit issued hereunder will be subject to the
Uniform Customs and Practices for Documentary Credits, in effect as
of the date of issuance of this particular Letter of Credit, which,
as of the date hereof, is the 1993 Revision, International Chamber
of Commerce Publication No. 500 and, to the extent not inconsistent
therewith, the laws of the State of Ohio.

     Section 4. This Modification shall be governed by and construed in accordance with the
laws of the State of Ohio.

     Section 5. THE BANK AND THE BORROWER ACKNOWLEDGE AND AGREE THAT THERE MAY BE A
CONSTITUTIONAL RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY CLAIM, DISPUTE OR LAWSUIT ARISING
BETWEEN OR AMONG THEM, BUT THAT SUCH RIGHT MAY BE WAIVED. ACCORDINGLY, THE PARTIES AGREE THAT
NOTWITHSTANDING SUCH CONSTITUTIONAL RIGHT, IN THIS COMMERCIAL MATTER THE PARTIES BELIEVE AND AGREE
THAT IT SHALL BE IN THEIR BEST INTEREST TO WAIVE SUCH RIGHT, AND, ACCORDINGLY, HEREBY WAIVE SUCH
RIGHT TO A JURY TRIAL, AND FURTHER AGREE THAT THE BEST FORUM FOR HEARING ANY CLAIM, DISPUTE OR
LAWSUIT, IF ANY, ARISING IN CONNECTION WITH THIS AGREEMENT, ANY LOAN DOCUMENTS OR THE RELATIONSHIP
AMONG THE BANK AND THE BORROWER SHALL BE A COURT OF COMPETENT JURISDICTION SITTING WITHOUT A JURY
IN FRANKLIN COUNTY, OHIO.

     Section 6. Any capitalized terms used herein, but not defined, shall have the meaning
given to such terms in the Loan Agreement.

     IN WITNESS WHEREOF, the Bank and the Borrower have executed this Agreement as of the date set
forth above.

	 	 	 	 	 	 
	 	 	R. G. BARRY CORPORATION
	 
	 	 	 	 
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Daniel D. Viren
	 

	 	 	 	 
	 

	 	Name:
	 	Daniel D. Viren
	 

	 	Title:
	 	Chief Financial Officer
	 
	 	 	 	 
	 
	 	 	 	 
	 
	 	 	 	 
	 	 	THE HUNTINGTON NATIONAL BANK
	 
	 	 	 	 
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Bud Ward
	 

	 	 	 	 
	 

	 	Name:
	 	Bud Ward
	 

	 	Title:
	 	Senior Vice President

5exv10w2

 

Exhibit 10.2

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“SECURITIES ACT”), OR ANY STATE SECURITIES LAW AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE
DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS
OR THE COMPANY SHALL HAVE RECEIVED AN OPINION OF ITS COUNSEL THAT REGISTRATION OF SUCH SECURITIES
UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT
REQUIRED.

MISSION TECHNOLOGY GROUP, INC.

SECURED PROMISSORY NOTE

$2,500,000
           
             
              
              
              
              
              
           
           
             
              
    Issuance Date: April 16, 2007

     FOR VALUE RECEIVED, the undersigned, Mission Technology Group, Inc., a California corporation
(the “Company”), hereby promises to pay to the order of Mobility California, Inc., a
Delaware corporation or any future permitted holder of this promissory note (the “Payee”),
at the principal office of the Payee set forth herein, or at such other place as the Payee may
designate in writing to the Company, the principal sum of $2,500,000, and such other amount as may
be outstanding hereunder, together with all accrued but unpaid interest, in United States dollars,
as provided in this Secured Promissory Note (the “Note”).

     1. Principal and Interest Payments.

          (a) The principal of this Note shall be due and payable in 20 consecutive quarterly
installments (each, a “Quarterly Installment”) of $125,000 each, commencing on May 1, 2008,
and continuing on each August 1, November 1, February 1 and May 1 thereafter until this Note is
paid in full. Additionally, commencing on May 1, 2008, and continuing until this Note has been
paid in full, the Company shall make a payment equal to five percent (5%) of the net profit of the
Company for the prior calendar quarter (with “net profit” being determined in accordance with
generally accepted accounting principles, consistently applied) (each, a “Prepayment”).
Each Prepayment shall be applied to the last Quarterly Installment due under this Note at the time
of such Prepayment.

          (b) Interest on the outstanding principal balance of this Note shall accrue at a rate of six
percent (6%) per annum, subject to increase as provided below. Interest on the outstanding
principal balance of the Note shall be computed on the basis of the actual number of days elapsed
and a year of three hundred and sixty (360) days. Accrued but unpaid interest on this Note shall
be due and payable at the same time that each Quarterly Installment is due and payable under this
Note. Furthermore, upon the occurrence of an Event of Default (as defined below), then to the
extent permitted by law, the Company will pay interest to the Payee, payable on demand, on the
outstanding principal balance of the Note from the date of the Event of Default until payment in
full at the rate of twelve percent (12%) per annum.

 

 

     2. Security Interests. The payment of the principal of, and interest on, this Note,
as well as other amounts that may become due and payable under this Note, is secured by: (i) a
security interest in certain assets of the Company as provided in that certain Security Agreement,
of even date herewith, by and between the Company and Payee (the “Security Agreement”); and
(ii) a security interest in certain securities of Payee as provided in that certain Pledge
Agreement, of even date herewith, by and between Randy Jones, the controlling shareholder of the
Company, and Payee (the “Pledge Agreement”).

     3. Non-Business Days. Whenever any payment to be made shall be due on a Saturday,
Sunday or a public holiday under the laws of the State of Arizona and/or California, such payment
may be due on the next succeeding business day and such next succeeding day shall be included in
the calculation of the amount of accrued interest payable on such date.

     4. Events of Default. The occurrence of any of the following events shall be an
“Event of Default” under this Note:

          (a) the Company shall fail to make the payment of any amount of any principal outstanding for
a period of three (3) business days after the date such payment shall become due and payable
hereunder; or

          (b) the Company shall fail to make any payment of interest for a period of three (3) business
days after the date such interest shall become due and payable hereunder; or

          (c) the Company breaches any representation, warranty, covenant, agreement or certification
made by the Company herein, in the Security Agreement, in the Pledge Agreement or in that certain
Secured Inventory Promissory Note, of even date herewith, in the original principal amount of
$1,430,000.00, and with the Company as “maker” and Payee as “payee” (the “2nd
Note”); or

          (d) the holder of any indebtedness of the Company or any of its subsidiaries shall accelerate
any payment of any amount or amounts of principal or interest on any indebtedness (the
“Indebtedness”) (other than the indebtedness hereunder) prior to its stated maturity or
payment date, whether such Indebtedness now exists or shall hereinafter be created, and such
accelerated payment entitles the holder thereof to immediate payment of such Indebtedness which is
due and owing and such indebtedness has not been discharged in full or such acceleration has not
been stayed, rescinded or annulled within ten (10) business days of such acceleration; or

          (e) a judgment or order for the payment of money shall be rendered against the Company or any
of its subsidiaries in excess of $100,000 in the aggregate (net of any applicable insurance
coverage) for all such judgments or orders against all such persons (treating any deductibles, self
insurance or retention as not so covered) that shall not be discharged, and all such judgments and
orders remain outstanding, and there shall be any period of sixty (60) consecutive days following
entry of the judgment or order in excess of $100,000 or the judgment or order which causes the
aggregate amount described above to exceed $100,000 during which a stay of enforcement of such
judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; or

2

 

          (f) the Company shall (i) apply for or consent to the appointment of, or the taking of
possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial
part of its property or assets, (ii) make a general assignment for the benefit of its creditors,
(iii) commence a voluntary case under the Bankruptcy Code or under the comparable laws of any
jurisdiction (foreign or domestic), (iv) file a petition seeking to take advantage of any
bankruptcy, insolvency, moratorium, reorganization or other similar law affecting the enforcement
of creditors’ rights generally, (v) acquiesce in writing to any petition filed against it in an
involuntary case under the Bankruptcy Code or under the comparable laws of any jurisdiction
(foreign or domestic), or (vi) take any action under the laws of any jurisdiction (foreign or
domestic) analogous to any of the foregoing; or

          (g) a proceeding or case shall be commenced in respect of the Company or any of its
subsidiaries without its application or consent, in any court of competent jurisdiction, seeking
(i) the liquidation, reorganization, moratorium, dissolution, winding up, or composition or
readjustment of its debts, (ii) the appointment of a trustee, receiver, custodian, liquidator or
the like of it or of all or any substantial part of its assets or (iii) similar relief in respect
of it under any law providing for the relief of debtors, and such proceeding or case described in
clause (i), (ii) or (iii) shall continue undismissed, or unstayed and in effect, for a period of
thirty (30) consecutive days or any order for relief shall be entered in an involuntary case under
the Bankruptcy Code or under the comparable laws of any jurisdiction (foreign or domestic) against
the Company or any of its subsidiaries or action under the laws of any jurisdiction (foreign or
domestic) analogous to any of the foregoing shall be taken with respect to the Company or any of
its subsidiaries and shall continue undismissed, or unstayed and in effect for a period of thirty
(30) consecutive days.

     5. Remedies Upon An Event of Default. If an Event of Default shall have occurred and
shall be continuing, the Payee may at any time at its option, (a) declare the entire unpaid
principal balance of this Note, together with all interest accrued hereon, due and payable, and
thereupon, the same shall be accelerated and so due and payable; provided, however,
that upon the occurrence of an Event of Default described in (i) Sections 4(f) and (g), without
presentment, demand, protest, or notice, all of which are hereby expressly unconditionally and
irrevocably waived by the Company, the outstanding principal balance and accrued interest hereunder
shall be automatically due and payable, and (ii) Sections 4(a) through (e), the Payee may exercise
or otherwise enforce any one or more of the Payee’s rights, powers, privileges, remedies and
interests under this Note, the 2nd Note, the Security Agreement, the Pledge Agreement or
applicable law. No course of delay on the part of the Payee shall operate as a waiver thereof or
otherwise prejudice the right of the Payee. No remedy conferred hereby shall be exclusive of any
other remedy referred to herein or now or hereafter available at law, in equity, by statute or
otherwise.

     6. Replacement. Upon receipt of a duly executed, notarized written statement from the
Payee with respect to the loss, theft or destruction of this Note (or any replacement hereof), and
without requiring an indemnity bond or other security, or, in the case of a mutilation of this
Note, upon surrender and cancellation of such Note, the Company shall issue a new Note, of like
tenor and amount, in lieu of such lost, stolen, destroyed or mutilated Note.

3

 

     7. Parties in Interest, Transferability. This Note shall be binding upon the Company
and its successors and assigns and the terms hereof shall inure to the benefit of the Payee and its
successors and permitted assigns. This Note may be transferred or sold, subject to the provisions
of Section 15 below, or pledged, hypothecated or otherwise granted as security by the Payee.

     8. Amendments. This Note may not be modified or amended in any manner except in
writing executed by the Company and the Payee.

     9. Notices. Any notice, demand, request, waiver or other communication required or
permitted to be given hereunder shall be in writing and shall be effective (a) upon hand delivery
by telecopy or facsimile at the address or number designated below (if delivered on a business day
during normal business hours where such notice is to be received), or the first business day
following such delivery (if delivered other than on a business day during normal business hours
where such notice is to be received) or (b) on the second business day following the date of
mailing by express courier service, fully prepaid, addressed to such address, or upon actual
receipt of such mailing, whichever shall first occur. The Company agrees to give written notice to
the Payee at least twenty (20) days prior to the date on which dissolution, liquidation or
winding-up will take place and in no event shall such notice be provided to the Payee prior to such
information being made known to the public.

	 	 	 
	Address of Payee:

	 	Mobility California, Inc.
	 

	 	17800 N. Perimeter Drive, Suite 200
	 

	 	Scottsdale, Arizona 85255
	 

	 	Attention: Chief Executive Officer
	 

	 	Fax No.: (480) 477-3639
	 
	 	 
	Address of the Company:

	 	Mission Technology Group, Inc.
	 

	 	9918 Via Pasar
	 

	 	San Diego, CA 92126
	 

	 	Attention: Randy Jones
	 

	 	Fax No.: (858) 530-2733

     10. Governing Law. This Note shall be governed by and construed in accordance with the
internal laws of the State of Arizona, without giving effect to the choice of law provisions. This
Note shall not be interpreted or construed with any presumption against the party causing this Note
to be drafted.

     11. Headings. Article and section headings in this Note are included herein for
purposes of convenience of reference only and shall not constitute a part of this Note for any
other purpose.

     12. Remedies, Characterizations, Other Obligations, Breaches and Injunctive Relief.
The remedies provided in this Note shall be cumulative and in addition to all other remedies
available under this Note, the Security Agreement, at law or in equity (including, without
limitation, a decree of specific performance and/or other injunctive relief), no remedy contained
herein shall be deemed a waiver of compliance with the provisions giving rise to such remedy and
nothing herein shall limit a Payee’s right to pursue actual damages for any failure by the

4

 

Company to comply with the terms of this Note. Amounts set forth or provided for herein with
respect to payments and the like (and the computation thereof) shall be the amounts to be received
by the Payee and shall not, except as expressly provided herein, be subject to any other obligation
of the Company (or the performance thereof). The Company acknowledges that a breach by it of its
obligations hereunder will cause irreparable and material harm to the Payee and that the remedy at
law for any such breach may be inadequate. Therefore the Company agrees that, in the event of any
such breach or threatened breach, the Payee shall be entitled, in addition to all other available
rights and remedies, at law or in equity, to seek and obtain such equitable relief, including but
not limited to an injunction restraining any such breach or threatened breach, without the
necessity of showing economic loss and without any bond or other security being required.

     13. Failure or Indulgence Not Waiver. No failure or delay on the part of the Payee in
the exercise of any power, right or privilege hereunder (including without limitation to perfect
any security interest granted to Payee by this Note) shall operate as a waiver thereof, nor shall
any single or partial exercise of any such power, right or privilege preclude other or further
exercise thereof or of any other right, power or privilege.

     14. Enforcement Expenses. The Company agrees to pay all costs and expenses of
enforcement of this Note, including, without limitation, reasonable attorneys’ fees and expenses.

     15. Binding Effect. The obligations of the Company and the Payee set forth herein
shall be binding upon the successors and assigns of each such party, whether or not such successors
or assigns are permitted by the terms hereof. The Payee may assign any or all if its rights,
titles and interests in, to or under this Note to any person or entity upon written notice to the
Company.

     16. Severability. The provisions of this Note are severable, and if any provision
shall be held invalid or unenforceable in whole or in part in any jurisdiction, then such
invalidity or unenforceability shall not in any manner affect such provision in any other
jurisdiction or any other provision of this Note in any jurisdiction.

     17. Consent to Jurisdiction. Each of the Company and the Payee hereby irrevocably
submits to the jurisdiction of the United States District Court sitting in Phoenix, Arizona and the
courts of the State of Arizona located in Maricopa County for the purposes of any suit, action or
proceeding arising out of or relating to this Note. Each of the Company and the Payee hereby
waives, and agrees not to assert in any such suit, action or proceeding, any claim that it is not
personally subject to the jurisdiction of such court, that the suit, action or proceeding is
brought in an inconvenient forum or that the venue of the suit, action or proceeding is improper.
Each of the Company and the Payee consents to process being served in any such suit, action or
proceeding by mailing a copy thereof to such party at the address set forth in Section 9 above and
agrees that such service shall constitute good and sufficient service of process and notice
thereof. Nothing in this Section 17 shall affect or limit any right to serve process in any other
manner permitted by law.

     18. Company Waivers. Except as otherwise specifically provided herein, the Company
and all others that may become liable for all or any part of the obligations evidenced

5

 

by this Note, hereby waive presentment, demand, notice of nonpayment, protest and all other
demands and notices in connection with the delivery, acceptance, performance and enforcement of
this Note, and do hereby consent to any number of renewals of extensions of the time or payment
hereof and agree that any such renewals or extensions may be made without notice to any such
persons and without affecting their liability herein and do further consent to the release of any
person liable hereon, all without affecting the liability of the other persons, firms or Company
liable for the payment of this Note, AND DO HEREBY WAIVE TRIAL BY JURY.

          (a) No delay or omission on the part of the Payee in exercising its rights under this Note, or
course of conduct relating hereto, shall operate as a waiver of such rights or any other right of
the Payee, nor shall any waiver by the Payee of any such right or rights on any one occasion be
deemed a waiver of the same right or rights on any future occasion.

          (b) THE COMPANY ACKNOWLEDGES THAT THE TRANSACTION OF WHICH THIS NOTE IS A PART IS A COMMERCIAL
TRANSACTION, AND TO THE EXTENT ALLOWED BY APPLICABLE LAW, HEREBY WAIVES ITS RIGHT TO NOTICE AND
HEARING WITH RESPECT TO ANY PREJUDGMENT REMEDY WHICH THE PAYEE OR ITS SUCCESSORS OR ASSIGNS MAY
DESIRE TO USE.

     19. Usury Savings Clause. Any provision in this Note or in any other document
executed in connection herewith, or in any other agreement or commitment, whether written or oral,
express or implied, to the contrary notwithstanding, Payee shall not in any event be entitled to
receive or collect, nor shall or may amounts received hereunder be credited, so that Payee shall be
paid, as interest, a sum greater than the maximum rate of interest permitted by applicable law. If
any construction of this Note, or any and all other papers, agreements or commitments, indicates a
different right given to Payee to ask for, demand or receive any larger sum as interest, such is a
mistake in calculation or wording, which this clause shall override and control; it being the
intention of the parties that this Note and all other instruments relating to this Note shall in
all things comply with applicable law, and proper adjustment shall automatically be made
accordingly. In the event Payee ever receives, collects or applies as interest, any sum in excess
of the maximum rate of interest permitted by applicable law, such excess amount shall be applied to
the reduction of the unpaid principal balance of this Note in the inverse order of maturity, and if
this Note is paid in full, any remaining excess shall be paid to Maker. In determining whether or
not the interest paid or payable, under any specific contingency, exceeds the maximum rate of
interest permitted by applicable law, Maker and Payee shall, the maximum extent permitted under
applicable law (i) characterize any nonprincipal payment as an expense, fee or premium rather than
as interest, (ii) exclude voluntary prepayments and the effects thereof, and (iii) “spread” the
total amount of interest throughout the entire term of this Note so that the interest rate is
uniform throughout the entire term hereof.

     IN WITNESS WHEREOF, the Company has executed and delivered this Note as of the date first
written above.

	 	 	 	 	 
	 	 	MISSION TECHNOLOGY GROUP, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Randy Jones
	 

	 	 	 	 
	 

	 	 	 	Randy Jones, President

6

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