Document:

EXHIBIT 10.1

 

Wells Fargo Capital Finance

MACZ6186-110

110 East Boulevard, Suite 1100

Fort Lauderdale, FL 33301

 

April 13, 2012

 

Via Facsimile (954)
308-4215,

Electronic Mail And

Overnight Courier 

 

SMF Energy Corporation, successor to

Streicher Mobile Fueling, Inc.

200 West Cypress Creek Road

Suite 400

Fort Lauderdale, Florida 33309

Attn: Michael Shore and Soneet Kapila

 

		Re:	Loan and Security Agreement dated September 26, 2002 (as at any time amended, restated, supplemented,
or otherwise modified, the “Loan Agreement”), among SMF Energy Corporation, a Delaware corporation (“SMF”),
H & W Petroleum Company, Inc., a Texas corporation (“H&W”), SMF Services, Inc., a Delaware corporation (“SSI”
and, together with SMF and H&W, collectively, “Borrowers”) and Wells Fargo Bank, National Association, a national
banking association (“Lender”)

 

Gentlemen:

 

Reference is made to
the Loan Agreement, and capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Loan
Agreement.

 

Please take notice
that Events of Default have occurred and exist under the Loan Agreement as a result of, among other things, the submission by Borrowers
to Lender of inaccurate or incomplete statements of Borrowers’ Accounts; the existence of a governmental investigation which
if adversely determined would result in material adverse changes and impair both the ability of Borrowers to perform their obligations
and the ability of Lender to enforce the Loan Agreement and realize upon the Collateral; the failure of Borrowers to timely disclose
such governmental investigation to Lender; the failure of Borrowers to submit acceptable compliance certificates as required by
the Loan Agreement; and the occurrence of material adverse changes in the business, assets and prospects of Borrowers. Borrowers
have informed Lender that, due to recent changes in their pricing structure and other events, they no longer have a viable business
model that can sustain operations in the long term. Further, irrespective of the existing Events of Default, Borrowers’ projections
indicate to Lender that Borrowers will run out of availability to continue to borrow under the Borrowing Base and that Borrowers
do not otherwise have the liquidity that will be required to continue to operate.

 

    	8

    	 

    

  

In addition, certain
express conditions precedent to Lender’s obligation to make advances, including, without limitation, the absence of any pending
governmental investigation that could reasonably be expected to have a material adverse effect, have not been satisfied. As a result,
Lender has no obligation to make Revolving Loans to or for the benefit of any Borrower.

 

Lender hereby revokes
the authority of Borrowers, if any, to receive, access or use collections of Accounts and demands that Borrowers continue to remit
all such collections, and all other proceeds of Collateral, to the Blocked Accounts solely for transfer to the Lender Payment Account
and application to the Obligations.

 

Lender does not currently
intend to make additional Revolving Loans to Borrowers. If Lender, in its sole and absolute discretion, elects to honor any request
by a Borrower for a Revolving Loan, the making of such Revolving Loan will not constitute a waiver of any Default or Event of Default
or any right or remedy under the Loan Agreement, any of the other Financing Agreements or applicable law, will not be deemed to
establish a course of conduct so as to justify an expectation by any Borrower that Lender will make any future Revolving Loans
to any Borrower, and will not preclude Lender from exercising any and all rights and remedies available to it under the Loan Agreement
and the other Financing Agreements and applicable law at any time or times from and after the making of any such Revolving Loan.

 

Without waiving any
Default or Event of Default, Lender may voluntarily and temporarily elect, in its sole and absolute discretion, to forbear from
exercising certain affirmative remedies available to Lender as a result of the existence of Events of Default. Any voluntary forbearance
by Lender shall not constitute a waiver of any of Lender’s rights or remedies against any Obligor or any of the Collateral,
nor an agreement to refrain from exercising any rights or remedies available to Lender under any of the Financing Agreements or
applicable law.

 

Please understand that
there are no verbal agreements or informal understandings between Lender, on the one hand, and any Borrower, on the other. Nor
will there be any such verbal agreements or understandings. To be enforceable, any waiver by Lender of any of its rights or remedies
and any agreement by Lender to forbear must be in writing and signed by an authorized officer of Lender.

 

    	9

    	 

    

 

 

Lender insists upon
strict and timely compliance by Borrowers of all of the terms and conditions of the Loan Agreement and the other Financing Agreements.
Lender has reserved and continues to reserve its right to exercise any or all of its rights and remedies at any time or times and
without further notice to or demand upon any Borrower or any other Obligor.

 

	 	Very truly yours,
	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION (“Lender”)
	 	 	 
	 	By:	/s/ Pat Cloninger
	 	 	Pat Cloninger
	 	 	Vice President

 

	cc:	Streicher Realty, Inc., Guarantor
	 	200 West Cypress Creek Road
	 	Suite 400
	 	Fort Lauderdale, Florida 33309

 

 

    	10Form of Lock-Up Agreement

 

 

 

Francesca’s Holdings Corporation

 

Lock-Up Agreement

 

________________, 2012

 

Goldman, Sachs & Co.

200 West Street

New York, New York 10282

J.P. Morgan Securities LLC

383 Madison Avenue

New York, New York 10179

 

 

 

			Re: Francesca’s Holdings Corporation - Lock-Up Agreement

 

Ladies and Gentlemen:

 

The undersigned understands
that you, as representatives (the “Representatives”), propose to enter into an underwriting agreement (the “Underwriting
Agreement”) on behalf of the several Underwriters named in Schedule I to such agreement (collectively, the “Underwriters”),
with Francesca’s Holdings Corporation, a Delaware corporation (the “Company”), and with the selling stockholders
named in Schedule II to such agreement, providing for a public offering (the “Public Offering”) of shares (the “Shares”)
of common stock of the Company with a par value of $0.01 (the “Common Stock”) pursuant to a Registration Statement
on Form S-1 to be filed with the Securities and Exchange Commission (the “SEC”).

 

In consideration of
the agreement by the Underwriters to offer and sell the Shares, and of other good and valuable consideration the receipt and sufficiency
of which is hereby acknowledged, the undersigned agrees that, during the period specified in the following paragraph (the “Lock-Up
Period”), the undersigned will not offer, sell, contract to sell, announce the intention to sell, pledge, grant any option
to purchase, make any short sale or otherwise dispose of any shares of Common Stock of the Company, or any options or warrants
to purchase any shares of Common Stock of the Company, or any securities convertible into, exchangeable for or that represent the
right to receive shares of Common Stock of the Company, whether now owned or hereafter acquired, owned directly by the undersigned
(including holding as a custodian) or with respect to which the undersigned has beneficial ownership within the rules and regulations
of the SEC (collectively the “Undersigned’s Shares”), or exercise any right with respect to the registration
of any of the Undersigned’s Shares, or demand or cause to be filed any registration statement in connection therewith, under
the Securities Act of 1933, as amended. The foregoing restriction is expressly agreed to preclude the undersigned from engaging
in any hedging or other transaction which is designed to or which reasonably could be expected to lead to or result in a sale or
disposition of the Undersigned’s Shares even if such Shares would be disposed of by someone other than the undersigned. Such
prohibited hedging or other transactions would include without limitation any short sale or any purchase, sale or grant of any
right (including without limitation any put or call option) with respect to any of the Undersigned’s Shares or with respect
to any security that includes, relates to, or derives any significant part of its value from such Shares.

 

    	 

    	 

    

 

 

The initial Lock-Up
Period will commence on the date of this Lock-Up Agreement and continue for 90 days after the Public Offering date set forth on
the final prospectus used to sell the Shares (the “Public Offering Date”) pursuant to the Underwriting Agreement; provided,
however, that if (1) during the last 17 days of the initial Lock-Up Period, the Company releases earnings results or announces
material news or a material event or (2) prior to the expiration of the initial Lock-Up Period, the Company announces that it will
release earnings results during the 15-day period following the last day of the initial Lock-Up Period, then in each case the Lock-Up
Period will be automatically extended until the expiration of the 18-day period beginning on the date of release of the earnings
results or the announcement of the material news or material event, as applicable, unless the Representatives waive, in writing,
such extension.

 

The undersigned hereby
acknowledges that the Company has agreed in the Underwriting Agreement to provide written notice of any event that would result
in an extension of the Lock-Up Period pursuant to the previous paragraph to the undersigned (in accordance with Section 12 of the
Underwriting Agreement) and agrees that any such notice properly delivered will be deemed to have been given to, and received by,
the undersigned. The undersigned hereby further agrees that, prior to engaging in any transaction or taking any other action that
is subject to the terms of this Lock-Up Agreement during the period from the date of this Lock-Up Agreement to and including the
34th day following the expiration of the initial Lock-Up Period, it will give notice thereof to the Company and will not consummate
such transaction or take any such action unless it has received written confirmation from the Company that the Lock-Up Period (as
such may have been extended pursuant to the previous paragraph) has expired.

 

Notwithstanding the
foregoing, the undersigned may (i) transfer the Undersigned’s Shares as a bona fide gift or gifts, provided that the donee
or donees thereof agree to be bound in writing by the restrictions set forth herein, (ii) transfer the Undersigned’s Shares
to any trust for the direct or indirect benefit of the undersigned or the immediate family of the undersigned, provided that the
trustee of the trust agrees to be bound in writing by the restrictions set forth herein, and provided further that any such transfer
shall not involve a disposition for value, (iii) sell shares of Common Stock acquired by the Undersigned in open market transactions
after the completion of the Public Offering, or (iv) transfer the Undersigned’s Shares with the prior written consent (a
“Waiver”) of the Representatives on behalf of the Underwriters, provided that in the case of clauses (i), (ii) and
(iii), no filing under Section 16(a) of the Securities Exchange Act of 1934, as amended, shall be required or shall be voluntarily
made in connection with such transfer during the Lock-Up Period. The foregoing restrictions shall also not apply (a) to the registration
of or sale to the Underwriters of any shares of Common Stock pursuant to the Underwriting Agreement as part of the Public Offering
and (b) the exercise by the Undersigned of any stock options granted under any Company stock incentive plan as described in the
prospectus related to the Public Offering (other than any disposition of shares of Common Stock as a result of a “cashless”
exercise of any such stock options) provided that in each case all shares of Common Stock received by the Undersigned upon such
exercise shall thereafter be subject to the restrictions contained in this Lock-Up Agreement. For purposes of this Lock-Up Agreement,
“immediate family” shall mean any relationship by blood, marriage or adoption, not more remote than first cousin. In
addition, notwithstanding the foregoing, if the undersigned is a corporation, limited partnership, limited liability company or
other entity, the undersigned may transfer shares of Common Stock to its limited partners, members or stockholders, or any wholly-owned
subsidiary of the undersigned; provided, however, that in any such case, it shall be a condition to the transfer
that the transferee execute an agreement stating that the transferee is receiving and holding such shares of Common Stock subject
to the provisions of this Lock-Up Agreement and there shall be no further transfer of such shares of Common Stock except in accordance
with this Lock-Up Agreement, and provided further that any such transfer shall not involve a disposition for value and no filing
under Section 16(a) of the Securities Exchange Act of 1934, as amended, shall be required or shall be voluntarily made in connection
with such transfer during the Lock-Up Period. The undersigned now has, and, except as contemplated by clause (i), (ii), (iii) or
(iv) above, for the duration of this Lock-Up Agreement will have, good and marketable title to the Undersigned’s Shares,
free and clear of all liens, encumbrances, and claims whatsoever. The undersigned also agrees and consents to the entry of stop
transfer instructions with the Company’s transfer agent and registrar against the transfer of the Undersigned’s Shares
except in compliance with the foregoing restrictions.

 

    	 

    	 

    

 

 

Notwithstanding anything
herein to the contrary, the Underwriters and their affiliates, other than the undersigned, may engage in brokerage, investment
advisory, financial advisory, anti-raid advisory, merger advisory, financing, asset management, trading, market making, arbitrage,
principal investing and other similar activities conducted in the ordinary course of their affiliates’ business.

 

The undersigned understands
that the Company and the Underwriters are relying upon this Lock-Up Agreement in proceeding toward consummation of the offering.
The undersigned further understands that this Lock-Up Agreement is irrevocable and shall be binding upon the undersigned’s
heirs, legal representatives, successors, and assigns.

 

The undersigned understands
that, if (i) the sale of the Shares contemplated by the Underwriting Agreement is not completed by May 31, 2012, or (ii) the Company
notifies the Representatives that it does not intend to proceed with the public offering of the Common Stock, this Letter Agreement
shall terminate, and the undersigned shall be released from all obligations hereunder.

 

This agreement and
any matters related to this Lock-Up Agreement shall be governed by and construed in accordance with the laws of the State of New
York without regard to principles of conflict of laws that would result in the application of any law other than the laws of the
State of New York. The undersigned agrees that any suit or proceeding arising in respect of this Lock-Up Agreement will be tried
exclusively in the U.S. District Court for the Southern District of New York or, if that court does not have subject matter jurisdiction,
in any state court located in the City and County of New York and the undersigned agrees to submit to the jurisdiction of, and
to venue in, such courts.

 

    	 

    	 

    

 

 

	 	Very truly yours,
	 	 
	 	 
	 	Exact Name of Party to Lock-Up Agreement
	 	 
	 	Authorized Signature
	 	 
	 	Title

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}]]