Document:

EX-10.20

 Exhibit 10.20 

NUTANIX, INC. SALES INCENTIVE PLAN (“PLAN”) 
  

	1.	Definitions: 

  

	 	•	 	“Booking(s)”: a non-cancellable purchase order containing the standard terms of Nutanix, Inc. (“Nutanix,” or the “Company”) and conditions of sale for services that are received and
accepted by Nutanix. 

  

	 	•	 	“Plan Year”: Defined as Nutanix’s first half (1H) and second half (2H) of the financial fiscal calendar. 

  

	 	•	 	“Plan Period”: Defined as the Sales Compensation Plan in effect during the Plan Year, designated by the Plan Start Date and Plan End Date. 

 

	 	•	 	“Plan Start Date”: The first day of the commission plan cycle. 

  

	 	•	 	“Plan End Date”: The last day of the commission plan cycle. 

  

	 	•	 	“Plan Participant”: Employee assigned to eligible participates in per the employment agreement or contract. 

  

	 	•	 	“Sales Theater”: Nutanix’s geographically defined sales territories (currently AMER (U.S. and Canada), FED (Federal), LATAM, EMEA and APAC / JPN). 

 

	2.	Effective Date: The Plan is effective during Nutanix’s fiscal Plan Year and will commence on the Plan Start Date and will end on the Plan End Date. The Plan and this Agreement may be altered or
discontinued at any time at the sole discretion of Nutanix in accordance with paragraph 9 of the Plan. This Plan supersedes any previous Sales Incentive Plan that were in place for any portion of the term of this agreement.

  

	3.	Eligible Positions: Qualified positions and management are defined by Nutanix or specified in the employment agreement or contract. Positions may be added or deleted from the Plan at the sole discretion of
the SVP WW Sales, or the current equivalent position, for Nutanix. 

  

	4.	Participation: This plan shall apply to the Plan Participants who are provided with and who sign an individual Compensation Plan (the “Compensation Plan”) and, together with this Sales Incentive Plan,
(the “Compensation Agreements”) acknowledging the terms set for the therein and the terms set for the in the Plan. No commissions, advances or other sales-based compensation will be earned by Participant pursuant to the Compensation
Agreements unless the Participants signs and returns the Compensation Plan to the Company within 15 days of receipt of the Compensation Agreements. 

  

	5.	Commissions. 

  

	 	5.1	 Earned Commission. A Participant will earn a commission (and be entitled to retain the PO Advance (as
defined below)) only upon the Company’s receipt of payment 

	 	
from the customer assigned to the Participant or from a customer in the territory assigned to the Participant with respect to a Company product or service (i.e., not including any fees or payment
received with respect to third party products and services) within sixty (60) days of the date the purchase order is entered into, or such longer period of time specifically authorized by the Company’s SVP WW Sales or CFO (“Earned
Commission”). For the purposes hereof, a customer will be deemed to be in the territory assigned to the Participant if the customer’s corporate headquarters is located in the territory. Upon the company’s receipt of payment
from the customer, earned commissions will be equal to the amount of purchase orders entered into in that quarter multiplied by the participant’s commission rate set forth in the compensation plan in the same manner described in
section 3.2 below. 

  

	 	5.2	Advances. An advance on unearned commissions (“PO Advance”) will be made to the Participant for any purchase orders entered into for the Participant’s assigned customer or for a customer in
the Participant’s assigned territory during any quarter. The PO Advance for each quarter will be equal to the amount of purchase orders entered into in that quarter multiplied by the Participant’s commission rate set forth in the
Compensation Plan. For purposes of this Plan, a purchase order will be considered entered into when the applicable customer signs and returns the purchase order to the Company. A purchase order will not be considered entered into if it is
subject to any disclosed or undisclosed contingent liabilities, any other side or associated agreement, or is consummated outside of accepted Company policies, procedures and guidelines, as determined by the Company in its sole discretion (an
“Incomplete PO”). Any PO Advance will be paid by the last day of the month following the end of the quarter in which the purchase orders are entered into unless the Participant’s employment with the Company has terminated for any
reason (or the Participant has notified the Company of the Participant’s intention to resign) on or before that date. Deals that require prepayment as the payment terms, are not eligible for a PO advance. 

 

	 	5.3	Adjustments for Advanced but Unearned Commissions and Errors. If (i) a purchase order is subsequently canceled or if full payment is not received for any reason (including without limitation due to
write-offs, bad debts, insolvency, returns, cancelled orders or non-payment of any pre-payments) from the customer within sixty (60) days from the time the purchase order is entered into, or (ii) the Company makes any error with respect to
the calculation or payment of any PO Advances or Earned Commissions, any unearned PO Advances will be deducted from the Participant’s future PO Advances (if applicable), Earned Commissions or other wages of the Participant (“Advanced
Commission Recovery”). Should full payment be received from the customer within ninety (90) days of this Advanced Commission Recovery and the Participant is still employed by the Company on the date such payment is received from the
customer, any Advanced Commission Recovery shall be paid back in full to the Participant. 

  

	 	5.4	 Adjustments for Incomplete Purchase Orders. If a purchase order is subsequently determined to be an
Incomplete PO, any PO Advances previously paid with respect to 

  
 -2- 

	 	
such Incomplete PO will be deducted from the Participant’s future PO Advances (if applicable), Earned Commissions or other wages of the Participant. Further, additional disciplinary
actions may be taken up to and including dismissal and any Participant who is no longer employed by the Company agrees to reimburse the Company for any PO Advances previously paid with respect to such Incomplete PO within thirty (30) days after
leaving Company employment or, if later, thirty (30) days after the date written notification of the existence of such Incomplete PO is received from the Company. In addition, the Company may utilize the court system to seek the recovery
of any Earned Commissions paid with respect to an Incomplete PO. 

  

	6.	Assignment Change. If a Participant is assigned to a different territory, customer or position, the Participant will receive full quota credit for PO Advances and Earned Commissions on purchase orders
entered into as a result of the Participant’s sales efforts in the former assignment if such purchase orders are entered into prior to, but not after, the effective date of such change in territory, customer or position. Quota credit for
sales efforts in the new assignment will be governed by the compensation plan applicable to the new assignment. 

  

	7.	Nutanix Sales Policies. Additional procedures, policies and methodologies for calculation of Earned Commissions and PO Advances in the event of customer or territory splits, assignment changes, global
accounts and cross-theater issues with respect to any given customer order shall be governed by Nutanix Sales Policies, which shall be made available to Participant from time to time and made be amended or revised in the Company’s sole
discretion. 

  

	8.	Termination of Employment. Upon termination of employment, the Participant agrees (i) to return any PO Advances or other advances of then unearned wages or commissions to the Company within ten
(10) days of such termination of employment; and (ii) to sign any documents necessary to deduct PO Advances or other advances of unearned wages or commissions from the Participant’s final paycheck as may be requested by the
Company. Further, notwithstanding any statement herein to the contrary, the Participant will not earn any Earned Commissions on any payments received from customers after the Participant’s termination date or notification by either the
Company or the Participant that the employment relationship will terminate, whichever occurs first. Furthermore, the Participant will not be paid any PO Advance or other unearned wages after the Participant’s termination of employment or
notification by either the Company or the Participant that the employment relationship will terminate, whichever occurs first. 

  

	9.	Not a Service Contract. The Participant understands that this Plan and the Compensation Plan do not establish employment or service for any definite term. The Participant and the Company agree that
either party may terminate the employment or service relationship at any time, for any reason, with or without cause and with or without notice. This at-will employment relationship may only be modified in a written document signed by the
Participant and the Company’s Chief Executive Officer. 

  
 -3- 

	10.	Arbitration. The parties hereby waive their rights to a trial before a judge or jury and agree to arbitrate before a neutral arbitrator, to the extent permitted by applicable law, any and all claims or
disputes arising out of the Participant’s employment or service with the Company, including, but not limited to claims arising out of or related to this Plan or the Compensation Plan or claims against any current or former employee, director,
agent or stockholder of the Company, breach of contract, breach of the covenant of good faith and fair dealing, fraud, misrepresentation, claims regarding commissions, bonuses, unfair business practices, or any tort or tort like causes of action.

 The arbitrator’s decision shall be written and must include the findings of fact and law that support the
decision. The arbitrator’s decision will be final and binding on both parties, except to the extent applicable law allows for judicial review of arbitration awards. The arbitration shall be conducted in accordance with the National
Rules for the Resolution of Employment Disputes of the American Arbitration Association; provided, however that the arbitrator shall allow the discovery authorized by the California Arbitration Act, or that discovery the arbitrator deems necessary
for the parties to vindicate their respective claims or defenses. The arbitration shall take place in Santa Clara County, California. 

The Participant and the Company will be responsible for their own attorney’s fees; the arbitrator may not award attorney’s fees
unless a statute or contract at issue specifically authorizes such an award. The arbitrator may award any remedies that would otherwise be available to the parties if they were to bring the dispute in court. 

 

	11.	Side Agreements. By signing below, Participant hereby confirms that, since Participant’s first day of employment with the Company, Participant has not entered into and Participant is not aware of the
existence of any oral or written side agreements with any third party including resellers, distributors or customers that modify or supersede the terms of either the Company’s invoice, written contracts or purchase orders with these resellers,
distributors or customers. In addition, Participant agrees not to engage in such activity in the future and to immediately notify the Company if he/she becomes aware of such activity. Additionally, completion of the quarterly sales
certification is a requirement of the compensation plan. 

  

	12.	Amendment and Termination of Plan. The Company reserves and retains the right to, at any time, modify, rescind or terminate this Plan or the Compensation Plan in whole or in part, at its sole discretion, and
nothing in this Plan or the Compensation Plan limits this right in any way or creates any rights in any Participant of future participation in this Plan or any other plan, or constitutes any guarantee of compensation or employment or service with
the Company. Further, the Company does not have any obligation under this Plan, the Compensation Plan or otherwise to adopt this or any other compensation plan in the future. Any modification to this Plan or the Compensation Plan may only
be made in a writing signed by the Company’s Senior Vice President of Sales or CFO and such modification shall be effective upon written notification to the Participant. 

 

	13.	 Entire Agreement. This Plan and the Compensation Plan contains the entire understanding between the
Participant and the Company concerning the terms and conditions applicable to any commissions, advances or other sales-based compensation that may be earned by the 

  
 -4- 

	 	
Participant. Any prior understanding, representations or agreements, whether oral or written, are superseded and replaced by this Plan and the Compensation Plan. The Participant shall
not be entitled to any compensation of any kind relating to any sales or potential sales not specifically provided for in this Plan and the Compensation Plan. 

This Agreement is governed by the laws of the State of California. The Plan and this Agreement may be altered or discontinued at any time
at the sole discretion of Nutanix, however any such modification or termination must be done in writing signed or authorized by the SVP WW Sales, or the current equivalent position. This Agreement, together with the Plan, constitutes the entire
agreement between the Company and me with respect to its subject matter and supersedes all prior discussions and agreements, whether oral or written, relating thereto. 

 

	
	 Nutanix, Inc.
  

 

  
 -5-Exhibit 10.144

 

AMENDMENT NO. 10 TO CREDIT AND SECURITY
AGREEMENT

 

THIS
AMENDMENT NO. 10 TO CREDIT AND SECURITY AGREEMENT (this “Amendment”) is made and entered into as of this
11th day of August, 2016, but effective as of July 29, 2016, by and among TWINLAB CONSOLIDATED HOLDINGS, INC.,
a Nevada corporation (“TCHI”), TWINLAB CONSOLIDATION CORPORATION, a Delaware corporation (“TCC”),
TWINLAB HOLDINGS, INC., a Michigan corporation, ISI BRANDS INC., a Michigan corporation, TWINLAB CORPORATION,
a Delaware corporation (“Twinlab Corporation”), NUTRASCIENCE LABS, INC., a Delaware corporation (formerly
known as TCC CM Subco I, Inc.), NUTRASCIENCE LABS IP CORPORATION, a Delaware corporation (formerly known as TCC CM Subco
II, Inc.), ORGANIC HOLDINGS LLC, a Delaware limited liability company, RESERVE LIFE ORGANICS, LLC, a Delaware limited
liability company, RESVITALE, LLC, a Delaware limited liability company, RE-BODY, LLC, a Delaware limited liability
company, INNOVITAMIN ORGANICS, LLC, a Delaware limited liability company, ORGANICS MANAGEMENT LLC, a Delaware limited
liability company, COCOAWELL, LLC, a Delaware limited liability company, FEMBODY, LLC, a Delaware limited liability
company, RESERVE LIFE NUTRITION, L.L.C., a Delaware limited liability company, INNOVITA SPECIALTY DISTRIBUTION, LLC,
a Delaware limited liability company, and JOIE ESSANCE, LLC, a Delaware limited liability company (each
of the foregoing Persons being referred to herein individually as a “Borrower”, and collectively as “Borrowers”),
and MIDCAP FUNDING X TRUST, a Delaware statutory trust, as successor-by-assignment from MidCap Financial Trust (as Agent
for Lenders, “Agent”, and individually, as a Lender), and the other financial institutions or other entities
from time to time parties to the Credit Agreement referenced below, each as a Lender.

 

RECITALS

 

A.           Pursuant
to that certain Credit and Security Agreement dated as of January 22, 2015 by and among Borrowers, Agent and Lenders (as amended
by that certain Amendment No. 1 to Credit and Security Agreement and Limited Consent dated as of February 4, 2015, by that certain
Amendment No. 2 to Credit and Security Agreement and Limited Consent dated as of April 7, 2015, by that certain Amendment No. 3
to Credit and Security Agreement and Limited Consent dated as of April 30, 2015, by that certain Amendment No. 4 to Credit and
Security Agreement and Limited Waiver dated as of June 30, 2015, by that certain Amendment No. 5 to Credit and Security Agreement
and Limited Consent dated as of June 30, 2015, by that certain Amendment No. 6 to Credit and Security Agreement, Limited Consent
and Limited Waiver dated as of September 9, 2015, by that certain Amendment No. 7 and Joinder Agreement to Credit and Security
Agreement dated as of October 5, 2015, by that certain Amendment No. 8 to Credit and Security Agreement dated as of January 28,
2016, by that certain Amendment No. 9 to Credit and Security Agreement dated as of April 5, 2016 and as further amended hereby
and as it may be further amended, modified and restated from time to time, the “Credit Agreement”), Agent and
Lenders agreed to make available to Borrowers a secured revolving credit facility in a principal amount of up to $15,000,000 from
time to time (as amended, modified, supplemented, extended and restated from time to time, collectively, the “Loans”).
Capitalized terms used but not otherwise defined in this Amendment shall have the meanings set forth in the Credit Agreement.

 

     

     

    

 

AGREEMENT

 

NOW, THEREFORE,
in consideration of the foregoing, the terms and conditions set forth in this Amendment, and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Agent, Lenders and Borrowers hereby agree as follows:

 

1.          Recitals.
 This Amendment shall constitute a Financing Document and the Recitals set forth above shall be construed as part of this Amendment
as if set forth fully in the body of this Amendment.

 

2.          Amendment
to Credit Agreement. 

 

(a)         Section
1.1 of the Credit Agreement is hereby amended to amend and restate the defined terms “Adjusted EBITDA,” Little Harbor
Debt” and “Permitted Debt” in their entirety, respectively, as follows:

 

“Adjusted
EBITDA” means EBITDA plus any expenses relating to Acquisitions through the end of Fiscal Year 2015, plus severance
payments and other costs relating to permanent headcount reductions, all as determined by GAAP, plus a one-time addback
for a non-recurring lease payment to be made in order to terminate the Florida Lease of up to $2,000,000, which termination of
the Florida Lease will be on terms and conditions satisfactory to the Agent.

 

“Little
Harbor Debt” means the “Subordinated Debt” (as that term is defined in the Subordination Agreement (Little Harbor)
and the “Subordinated Loans” (as that term is defined in the July 2016 Subordination Agreement (Little Harbor).

 

“Permitted Debt”
means: (a) Borrowers’ and its Subsidiaries’ Debt to Agent and each Lender under this Agreement and the other Financing
Documents; (b) Debt incurred as a result of endorsing negotiable instruments received in the Ordinary Course of Business;
(c) purchase money Debt with respect to equipment, Debt listed on Schedule 5.1, and such other Debt (other than the Essex
Lease) not to exceed $3,000,000 at any time (whether in the form of a loan or a Capital Lease) used solely to acquire equipment
used in the Ordinary Course of Business and secured only by such equipment; (d) Debt existing on the date of this Agreement
and described on Schedule 5.1 and any Refinancing Debt with respect thereto; (e) Debt in the form of insurance premiums
financed through the applicable insurance company; (f) trade accounts payable arising and paid on a timely basis and in the
Ordinary Course of Business; (g) Subordinated Debt (for the avoidance of doubt, including the Golisano Holdings Debt, Great
Harbor Debt, Little Harbor Debt and JL US Debt), (h) the Essex Lease; (i) the Nutricap Seller Notes; (j) the JL Properties Reimbursement
Agreement; and (k) the DVA Note, to the extent issued in accordance with the terms of the DVA Put Agreement.

 

     

     

    

 

(b)         Section
1.1 of the Credit Agreement is hereby amended to add the defined term “July 2016 Subordination Agreement (Little Harbor)”
in its alphabetical order as follows:

 

“July
2016 Subordination Agreement (Little Harbor)” means the Subordination Agreement dated as of July 21, 2016 between Agent and
Little Harbor, LLC, a Nevada limited liability company, and acknowledged by Borrowers, as the same may be amended, restated, amended
and restated, supplemented or otherwise modified from time to time.

 

(c)         Section
6.1 of the Credit Agreement is hereby amended to add the defined term “Minimum Liquidity” in its alphabetical order
as follows:

“Minimum Liquidity” means the sum of Revolving Loan Availability plus cash and cash equivalents that are
(a) owned by any Borrower, and (b) not subject to any Lien other than a Lien in favor of Agent, excluding, however, any
cash and cash equivalents in a specified amount pledged to or held by Agent to secure a specified Obligation in that amount. For
the avoidance of doubt, cash and cash equivalents that in accordance with this Agreement secure the Loans generally are not excluded
except to the extent so specified.

 

(d)         Section
6.2 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

Minimum
Adjusted EBITDA. Commencing with the quarter ending September 30, 2016 and until such time as all Obligations are paid, satisfied
and discharged in full, the Borrowers shall not, as of the end of any measurement period set forth below, permit the Adjusted EBITDA
for such measurement period to be less than the amount set forth in the table below opposite such measurement period; provided,
however, if (i) no Event of Default exists and (ii) the Fixed Charge Coverage Ratio, as determined in Section 6.3, exceeds
1.00x for three consecutive monthly test dates, Minimum Adjusted EBITDA shall no longer be tested under this Section 6.2.

 

     

     

    

 

	Measurement Period	 	Minimum Adjusted EBITDA	 
	April 1, 2016 to September 30, 2016	 	$	-1,800,000	 
	April 1, 2016 to December 31, 2016	 	$	-2,700,000	 
	April 1, 2016 to March 31, 2017	 	$	-3,300,000	 
	July 1, 2016 to June 30, 2017	 	$	-2,400,000	 
	October 1, 2016 to September 30, 2017	 	$	-2,900,000	 
	January 1, 2017 to December 31, 2017	 	$	-1,900,000	 
	April 1, 2017 to March 31, 2018	 	$	-1,100,000	 
	July 1, 2017 to June 30, 2018	 	$	0	 
	October 1, 2017 to September 30, 2018	 	$	700,000	 
	January 1, 2018 to December 31, 2018	 	$	1,400,000	 

 

(e)         Section
6.3 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

Fixed
Charge Coverage Ratio. Commencing August 31, 2016 and until such time as all Obligations are paid, satisfied and discharged
in full, the Borrowers shall not, as of the end of any month, permit the Fixed Charge Coverage Ratio for the period of trailing
twelve months most recently ended on or prior to such date to be less than 1.00x; provided, however, that until such
time that the Fixed Charge Coverage Ratio for the period of trailing twelve months most recently ended on or prior to such date
does exceed 1.00x for three consecutive monthly test dates, compliance shall not be required with respect to the Fixed Charge Coverage
Ratio financial covenant in this Section 6.3 but such financial covenant shall still be tested as of the end of each month.

 

(f)         Section
6.4 is hereby amended and restated in its entirety as follows:

 

Minimum
Liquidity. Commencing January 1, 2017 and until such time as all Obligations are paid, satisfied and discharged in full, the
Borrowers shall at all times, as tested as of the end of any month, have Minimum Liquidity for the test date during the applicable
period equal to or in excess of than the amount set forth in the table below opposite such applicable period:

 

     

     

    

 

	Applicable Period	 	Minimum Liquidity	 
	January 1, 2017 to March 31, 2017	 	$	500,000	 
	April 1, 2017 to June 30, 2017	 	$	1,000,000	 
	July 1, 2017 and all times thereafter	 	$	1,500,000	 

 

Without
limiting any other rights of the Agent hereunder to institute reserves, including, but not limited to, Section 2.1(b)(i), Agent
shall at any time be permitted in its sole discretion to cause all or any portion of the Minimum Liquidity requirement to be effected
as an immediate reserve against the Borrowing Base.

 

(g)         Exhibit
B to the Credit Agreement containing a Form of Compliance Certificate is hereby amended and restated as set forth on Exhibit
B attached to and made a part of this Amendment.

 

3.          Confirmation
of Representations and Warranties; Reaffirmation of Security Interest.  Each Borrower hereby (a) confirms that all of the
representations and warranties set forth in the Credit Agreement are true and correct with respect to such Borrower as of the date
hereof, and (b) covenants to perform its respective obligations under the Credit Agreement. Each Borrower confirms and agrees
that all security interests and Liens granted to Agent continue in full force and effect, and all Collateral remains free and clear
of any Liens, other than those granted to Agent and Permitted Liens. Nothing herein is intended to impair or limit the validity,
priority or extent of Agent’s security interests in and Liens on the Collateral. 

 

4.          Enforceability.
 This Amendment constitutes the legal, valid and binding obligation of each Borrower, and is enforceable against each Borrower
in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or other similar laws
relating to the enforcement of creditors’ rights generally and by general equitable principles.

 

5.          Costs and Fees.
In consideration of Agent’s agreement to enter into this Amendment, Borrower shall pay to Agent a modification fee equal
to Fifty Thousand and No/100 Dollars ($50,000.00). Furthermore, Borrowers shall be responsible for the payment of all reasonable
costs and fees of Agent’s counsel incurred in connection with the preparation of this Amendment and any related documents.
If Agent or any Lender uses in-house counsel for any of these purposes, Borrowers further agree that the Obligations include reasonable
charges for such work commensurate with the fees that would otherwise be charged by outside legal counsel selected by Agent or
such Lender for the work performed. Borrowers hereby authorize Agent to deduct all of such fees set forth in this Section 8 from
the proceeds of one or more Revolving Loans made under the Credit Agreement.

 

6.          Conditions to Effectiveness.
This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective
Date”):

 

     

     

    

 

(a)          Borrowers
shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Borrower;

 

(b)          all
representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective
Date (and such parties’ delivery of their respective signatures hereto shall be deemed to be its certification thereof);
and

 

(c)          Borrowers
shall have delivered to Agent evidence that any Subordinated Debt of the Borrowers that has financial covenants shall have been
amended to match the financial covenants found in this Amendment and include no additional financial covenants;

 

(d)          Agent
shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket
legal fees and expenses.

 

7.          Release.
Each Borrower, voluntarily, knowingly, unconditionally and irrevocably, with specific and express intent, for and on behalf of
itself and all of its respective parents, subsidiaries, affiliates, members, managers, predecessors, successors, and assigns, and
each of their respective current and former directors, officers, shareholders, agents, and employees (collectively, “Releasing
Parties”), does hereby fully and completely release, acquit and forever discharge each Indemnitee of and from any and
all actions, causes of action, suits, debts, disputes, damages, claims, obligations, liabilities, costs, expenses and demands of
any kind whatsoever, at law or in equity, whether matured or unmatured, liquidated or unliquidated, vested or contingent, choate
or inchoate, known or unknown that the Releasing Parties (or any of them) has against the Indemnitees (or any of them) that directly
or indirectly arise out of, are based upon or are in any manner connected with any Prior Related Event. “Prior Related
Event” means any transaction, event, circumstance, action, failure to act, occurrence of any type or sort, whether known
or unknown, which occurred, existed, was taken, was permitted or begun in accordance with, pursuant to or by virtue of (a) any
of the terms of this Amendment or any other Financing Document, (b) any actions, transactions, matters or circumstances related
hereto or thereto, (c) the conduct of the relationship between any Indemnitee and any Borrower, or (d) any other actions
or inactions by any Indemnitee, all on or prior to the Effective Date. Each Borrower acknowledges that the foregoing release is
a material inducement to Agent’s and Lender’s decision to enter into this Amendment and to agree to the modifications
contemplated hereunder.

 

8.          No
Waiver or Novation. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided
in this Amendment, operate as a waiver of any right, power or remedy of Agent, nor constitute a waiver of any provision of the
Credit Agreement, the Financing Documents or any other documents, instruments and agreements executed or delivered in connection
with any of the foregoing. Except as expressly provided herein, nothing herein is intended or shall be construed as a waiver of
any existing Defaults or Events of Default under the Credit Agreement or other Financing Documents or any of Agent’s rights
and remedies in respect of such Defaults or Events of Default. This Amendment (together with any other document executed in connection
herewith) is not intended to be, nor shall it be construed as, a novation of the Credit Agreement.

 

     

     

    

 

9.          Affirmation. Except
as specifically amended and waived pursuant to the terms hereof, the Credit Agreement and all other Financing Documents (and all
covenants, terms, conditions and agreements therein) shall remain in full force and effect, and are hereby ratified and confirmed
in all respects by Borrowers. Each Borrower covenants and agrees to comply with all of the terms, covenants and conditions of the
Credit Agreement (as amended hereby) and the Financing Documents, notwithstanding any prior course of conduct, waivers, releases
or other actions or inactions on Agent’s or any Lender’s part which might otherwise constitute or be construed as a
waiver of or amendment to such terms, covenants and conditions.

 

10.        Miscellaneous.

 

(a)        Reference
to the Effect on the Credit Agreement.  Upon the effectiveness of this Amendment, each reference in the Credit Agreement
to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of similar import
shall mean and be a reference to the Credit Agreement, as amended by this Amendment. Except as specifically amended and waived
above, the Credit Agreement, and all other Financing Documents (and all covenants, terms, conditions and agreements therein), shall
remain in full force and effect, and are hereby ratified and confirmed in all respects by Borrowers.

 

(b)          Incorporation
of Credit Agreement Provisions. The provisions contained in Section 11.6 (Indemnification), Section 12.8 (Governing Law; Submission
to Jurisdiction) and Section 12.9 (Waiver of Jury Trial) of the Credit Agreement are incorporated herein by reference to the same
extent as if reproduced herein in their entirety.

 

(c)          Headings.
Section headings in this Amendment are included for convenience of reference only and shall not constitute a part of this Amendment
for any other purpose.

 

(d)          Counterparts.
This Amendment may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument. Signatures by facsimile or by electronic mail delivery of an electronic
version (e.g., .pdf or .tif file) of an executed signature page shall be treated as delivery of an original and shall bind
the parties hereto. This Amendment constitutes the entire agreement and understanding among the parties hereto and supersede any
and all prior agreements and understandings, oral or written, relating to the subject matter hereof.

 

[SIGNATURES APPEAR ON FOLLOWING PAGES]

 

     

     

    

 

(Signature Page to Amendment No. 10
to Credit and Security Agreement)

 

IN WITNESS WHEREOF,
intending to be legally bound, and intending that this document constitute an agreement executed under seal, the undersigned have
executed this Amendment under seal as of the day and year first hereinabove set forth.

 

	AGENT:	MIDCAP
    FUNDING X TRUST, a Delaware 
	 	statutory
    trust, as successor-by-assignment from 
	 	MidCap
    Financial Trust
	 	 	 
	 	By:	Apollo
    Capital Management, L.P.,
	 	 	its
    investment manager
	 	 	 
	 	By:	Apollo
    Capital Management GP, LLC,
	 	 	its
    general partner
	 	 	 
	 	By:	/s/
    Maurice Amsellem         	(SEAL)
	 	Name:	Maurice
    Amsellem
	 	Title:	Authorized
    Signatory
	 	 	 
	LENDER:	MIDCAP
    FUNDING X TRUST, a Delaware 
	 	statutory
    trust, as successor-by-assignment from 
	 	MidCap
    Financial Trust
	 	 	 
	 	By:	Apollo
    Capital Management, L.P.,
	 	 	its
    investment manager
	 	 	 
	 	By:	Apollo
    Capital Management GP, LLC,
	 	 	its
    general partner
	 	 	 
	 	By:	/s/
    Maurice Amsellem         	(SEAL)
	 	Name:	Maurice
    Amsellem
	 	Title:	Authorized
    Signatory

 

     

     

    

 

(Signature Page to Amendment No. 10
to Credit and Security Agreement)

 

	BORROWERS:	 	TWINLAB
                                         CONSOLIDATION

                                                                                CORPORATION

	 	 	 
	 	 	By:
    	/s/
    Naomi Whittel	(Seal)
	 	 	Name:  Naomi
    Whittel
	 	 	Title:    Chief
    Executive Officer 
	 	 	 
	 	 	 
	TWINLAB
    CONSOLIDATED HOLDINGS, INC.	 	TWINLAB
    HOLDINGS, INC.
	 	 	 
	By:
     	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Chief
    Executive Officer 	 	Title:    Chief
    Executive Officer 
	 	 	 
	TWINLAB
    CORPORATION	 	ISI
    BRANDS INC.
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Chief
    Executive Officer 	 	Title:    Chief
    Executive Officer 
	 	 	 
	NUTRASCIENCE
    LABS, INC.	 	NUTRASCIENCE
    LABS IP CORPORATION
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Chief
    Executive Officer 	 	Title:    Chief
    Executive Officer 
	 	 	 
	ORGANIC
    HOLDINGS LLC	 	RESERVE
    LIFE ORGANICS, LLC 
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By
    ORGANIC HOLDINGS LLC,
	Name:  Naomi
    Whittel	 	its
    sole Member
	Title:    Sole
    Manager 	 	 
	 	 	By:
    	/s/
    Naomi Whittel	(Seal)
	 	 	Name:  Naomi
    Whittel
	 	 	Title:    Sole
    Manager 

 

     

     

    

  

(Signature
Page to Amendment No. 10 to Credit and Security Agreement)

 

	RESVITALE,
    LLC	 	RE-BODY,
    LLC 
	 	 	 
	By
    ORGANIC HOLDINGS LLC,	 	By
    ORGANIC HOLDINGS LLC,
	its
    sole Member	 	its
    sole Member
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Sole
    Manager 	 	Title:    Sole
    Manager 
	 	 	 
	INNOVITAMIN
    ORGANICS, LLC	 	ORGANICS
    MANAGEMENT LLC
	 	 	 
	By
    ORGANIC HOLDINGS LLC,	 	By
    ORGANIC HOLDINGS LLC,
	its
    sole Member	 	its
    sole Member
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Sole
    Manager 	 	Title:    Sole
    Manager 
	 	 	 
	COCOAWELL,
    LLC	 	FEMBODY,
    LLC
	 	 	 
	By
    ORGANIC HOLDINGS LLC,	 	By
    ORGANIC HOLDINGS LLC,
	its
    sole Member	 	its
    sole Member
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Sole
    Manager 	 	Title:    Sole
    Manager 
	 	 	 
	RESERVE
    LIFE NUTRITION, L.L.C.	 	INNOVITA
    SPECIALTY DISTRIBUTION, LLC
	 	 	 
	By
    ORGANIC HOLDINGS LLC,	 	By
    ORGANIC HOLDINGS LLC,
	its
    sole Member	 	its
    sole Member
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	By:
    	/s/
    Naomi Whittel	(Seal)
	Name:  Naomi
    Whittel	 	Name:  Naomi
    Whittel
	Title:    Sole
    Manager 	 	Title:    Sole
    Manager 
	 	 	 
	JOIE
    ESSANCE, LLC	 	 
	 	 	 
	By
    ORGANIC HOLDINGS LLC,	 	 
	its
    sole Member	 	 
	 	 	 
	By:
    	/s/
    Naomi Whittel	(Seal)	 	 
	Name:  Naomi
    Whittel	 	 
	Title:    Sole
    Manager 	 	

 

     

     

    

 

Exhibit B
to Credit Agreement (FORM OF Compliance Certificate)

 

COMPLIANCE
CERTIFICATE

 

This Compliance Certificate
is given by _____________________, a Responsible Officer of TWINLAB CONSOLIDATION CORPORATION (the “Borrower Representative”),
pursuant to that certain Credit and Security Agreement dated as of January 22, 2015 among the Borrower Representative, TWINLAB
CONSOLIDATED HOLDINGS, INC., TWINLAB HOLDINGS, INC., ISI BRANDS INC., TWINLAB CORPORATION, NUTRASCIENCE LABS, INC.(formerly known
as TCC CM Subco I, Inc.), NUTRASCIENCE LABS IP CORPORATION (formerly known as TCC CM Subco II, Inc.), ORGANIC HOLDINGS LLC, RESERVE
LIFE ORGANICS, LLC, RESVITALE, LLC, RE-BODY, LLC, INNOVITAMIN ORGANICS, LLC, ORGANICS MANAGEMENT LLC, COCOAWELL, LLC, FEMBODY,
LLC, RESERVE LIFE NUTRITION, L.L.C., INNOVITA SPECIALTY DISTRIBUTION, LLC, JOIE ESSANCE, LLC and any additional Borrower that may
hereafter be added thereto (collectively, “Borrowers”), MidCap Funding X Trust (as successor by assignment from
MidCap Financial Trust), individually as a Lender and as Agent, and the financial institutions or other entities from time to time
parties hereto, each as a Lender (as such agreement may have been amended, restated, supplemented or otherwise modified from time
to time, the “Credit Agreement”). Capitalized terms used herein without definition shall have the meanings set
forth in the Credit Agreement.

 

The undersigned Responsible
Officer hereby certifies to Agent and Lenders that:

 

(a)          the
financial statements delivered with this certificate in accordance with Section 4.1 of the Credit Agreement fairly present
in all material respects the results of operations and financial condition of Borrowers and their Consolidated Subsidiaries as
of the dates and the accounting period covered by such financial statements;

 

(b)          I
have reviewed the terms of the Credit Agreement and have made, or caused to be made under my supervision, a review in reasonable
detail of the transactions and conditions of Borrowers and their Consolidated Subsidiaries during the accounting period covered
by such financial statements and such review has not disclosed the existence during or at the end of such accounting period, and
I have no knowledge of the existence as of the date hereof, of any condition or event that constitutes a Default or an Event of
Default, except as set forth in Schedule 1 hereto, which includes a description of the nature and period of existence
of such Default or an Event of Default and what action Borrowers have taken, are undertaking and propose to take with respect thereto;

 

(c)          except
as noted on Schedule 2 attached hereto, the Credit Agreement contains a complete and accurate list of all business
locations of Borrowers and Guarantors and all names under which Borrowers and Guarantors currently conduct business; Schedule 2
specifically notes any changes in the names under which any Borrower or Guarantor conduct business;

 

(d)          except
as noted on Schedule 3 attached hereto, the undersigned has no knowledge of (i) any federal or state tax liens having
been filed against any Borrower, Guarantor or any Collateral or (ii) any failure of any Borrower or Guarantors to make required
payments of withholding or other tax obligations of any Borrower or Guarantors during the accounting period to which the attached
statements pertain or any subsequent period.

 

     

     

    

 

(e)          Schedule
5.14 to the Credit Agreement contains a complete and accurate statement of all deposit accounts and investment accounts maintained
by Borrowers and Guarantors;

 

(f)          except
as noted on Schedule 4 attached hereto and Schedule 3.6 to the Credit Agreement, the undersigned has no knowledge of
any current, pending or threatened: (i) litigation against any Borrower or Guarantor; (ii)         inquiries,
investigations or proceedings concerning the business affairs, practices, licensing or reimbursement entitlements of any Borrower
or Guarantor; or (iii) any default by any Borrower or Guarantor under any Material Contract to which it is a party.

 

(g)          except
as noted on Schedule 5 attached hereto, no Borrower or Guarantor has acquired, by purchase, by the approval or granting
of any application for registration (whether or not such application was previously disclosed to Agent by Borrowers) or otherwise,
any Intellectual Property that is registered with any United States or foreign Governmental Authority, or has filed with any such
United States or foreign Governmental Authority, any new application for the registration of any Intellectual Property, or acquired
rights under a license as a licensee with respect to any such registered Intellectual Property (or any such application for the
registration of Intellectual Property) owned by another Person, that has not previously been reported to Agent on Schedule 3.17
to the Credit Agreement or any Schedule 5 to any previous Compliance Certificate delivered by the Company to Agent.

 

(j)          except
as noted on Schedule 6 attached hereto, no Borrower or Guarantor has acquired, by purchase or otherwise, any Chattel
Paper, Letter of Credit Rights, Instruments, Documents or Investment Property that has not previously been reported to Agent on
any Schedule 6 to any previous Compliance Certificate delivered by Borrower Representative to Agent.

 

(k)          except
as noted on Schedule 7 attached hereto, no Borrower or Guarantor is aware of any commercial tort claim that has not
previously been reported to Agent on any Schedule 7 to any previous Compliance Certificate delivered by Borrower Representative
to Agent.

 

(l)          Borrowers
and Guarantors (if any) are in compliance with the covenants contained in Article 6 of the Credit Agreement, and in any Guarantee
constituting a part of the Financing Documents, as demonstrated by the calculation of such covenants below, except as set forth
below; in determining such compliance, the following calculations have been made: [See attached worksheets]. Such calculations
and the certifications contained therein are true, correct and complete.

 

     

     

    

 

The foregoing certifications
and computations are made as of ________________, 201__ (end of month) and as of _____________, 201__.

 

	 	Sincerely,
	 	 
	 	
        TWINLAB CONSOLIDATION

        CORPORATION

	 	 
	 	By:	    
	 	Name:  
	 	Title:    

 

     

     

    

 

Adjusted EBITDA Worksheet (Attachment
to Compliance Certificate)

 

	EBITDA for the applicable period is calculated as follows, in
    each case, determined on a consolidated basis in accordance with GAAP:	 	 	 	 
	 	 	 	 	 
	Net Income for the period of the Borrowers, being the consolidated net income (or loss) of the Borrowers and their Subsidiaries for the period in question, after giving effect to deduction for provision for all operating expenses, all taxes and reserves (including reserves for deferred taxes) and all other proper deductions, all determined in accordance with GAAP; provided, however, that for purposes of calculating Net Income, there shall be excluded and no effect shall be given to (a) one-time extraordinary income items, as determined in accordance with GAAP, and (b) any Net Income attributable to any Subsidiary to the extent that any Borrower (or any Subsidiary through which such Borrower owns the subject Subsidiary) is prohibited (bylaw, contract minority ownership rights or otherwise) from receiving a distribution of such Net Income from such Subsidiary:	 	$		 
	 	 	 	 	 
	Minus:  Any extraordinary
    gains, interest income, non-operating income, non-cash income and income tax benefits and decreases in any change in LIFO
    or any other inventory reserves for the period	 	$		 
	 	 	 	 	 
	Plus:     non-cash extraordinary
    losses (including non-cash expenses with respect to stock option and stock based employee compensation programs), Interest
    Expense, income taxes, depreciation and amortization and increases in any change in LIFO reserves for the period	 	$		 
	 	 	 	 	 
	EBITDA for the Defined Period:	 	$		 
	 	 	 	 	 
	Plus:any expenses relating to Acquisitions through the end of Fiscal Year 2015, plus severance payments and other costs relating to permanent headcount reductions, all as determined by GAAP, plus a one-time addback for a non-recurring lease payment to be made in order to terminate the Florida Lease of up to $2,000,000, which termination of the Florida Lease will be on terms and conditions satisfactory to the Agent.
  
	 	$		 
	 	 	 	 	 
	Adjusted EBITDA for the Defined Period	 	$		 

 

     

     

    

 

Fixed Charge Coverage Ratio Worksheet
(Attachment to Compliance Certificate)

 

	Fixed
    Charge Coverage Ratio for the applicable period is calculated as the ratio of: 
	 	 	 	 
	 	 	 	 	 
	Adjusted
    EBITDA for the period (calculated pursuant to the Adjusted EBITDA Worksheet)	 	$	 	 
	 	 	 	 	 
	Plus:     cash
    received during such period for Equity Interests so long as such cash is used as working capital and such cash is not received
    more than two times in any trailing-twelve-months period		$	 	 
	 	 	 	 	 
	Minus:  Capital
    Expenditures not financed by the seller of the capital asset or by a third party lender made (to the extent not already incurred
    in a prior period) or incurred during such period	 	$	 	 
	 	 	 	 	 
	Minus:  cash
    taxes paid during such period, to the extent greater than zero	 	$	 	 
	 	 	 	 	 
	Minus:  Permitted
    Distributions under clause (d) of the definition of that term	 	$	 	 
	 	 	 	 	 
	Total
    for the period:	 	$	 	 
	 	 	 	 	 
	To	 	 	 	 
	 	 	 	 	 
	Fixed
    Charges for the applicable period, which is calculated with respect to the Borrowers and their Subsidiaries determined
    on a consolidated basis in accordance with GAAP, the sum, without duplication, as follows:	 	 	 	 
	 	 	 	 	 
	Cash Interest Expense
    paid during such period (other than interest paid-in-kind, amortization of financing fees, and other non-cash Interest Expense),	 	$	 	 
	 	 	 	 	 
	Plus:     principal
    payments paid in cash in respect of Debt paid during such period, including cash payments with respect to Capital Leases,
    but excluding principal payments made on the Revolving Loans	 	$	 	 
	 	 	 	 	 
	Plus:     all
    Permitted Distributions (other than Permitted Distributions under clause (d) of the definition of that term) and other distributions
    paid in cash during such period	 	$	 	 
	 	 	 	 	 
	Fixed
    Charges for the applicable period:	 	$	 	 
	 	 	 	 	 
	Ratio:	 	 	 	 

     

     

    

 

Minimum Liquidity Worksheet (Attachment
to Compliance Certificate)

 

	Revolving Loan Availability plus cash and cash equivalents that are (a) owned by any Borrower, and (b) not subject to any Lien other than a Lien in favor of Agent, excluding, however, any cash and cash equivalents in a specified amount pledged to or held by Agent to secure a specified Obligation in that amount.	 	$		 

 

     

     

    

 

	Covenant
    Compliance:	 	 	 	 
	 	 	 	 	 
	Minimum
    Adjusted EBIDTA	 	$		 
	 	 	 	 	 
	Minimum
    Fixed Charge Coverage Ratio for the period	 	 	___
                                         to 1.0	 
	 	 	 	 	 
	Minimum Liquidity	 	$		 
	 	 	 	 	 
	In Compliance	 	 	Yes/No

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