Document:

Amendment No. 2 and Amendment No. 3 to Residual Purchase Agreement

 Exhibit 10.5 
 Text Marked By [* * *] Has Been Omitted Pursuant To A Request For Confidential Treatment And Was 
 Filed Separately With The Securities And Exchange Commission. 
 AMENDMENT
NO. 2 TO RESIDUAL PURCHASE AGREEMENT 
 This Amendment No. 2 to Residual Purchase Agreement (this
“Amendment”), dated June 30, 2011 (“Effective Date”), is between Calpian, Inc., a Texas corporation (“Purchaser”), and First Alliance Payment Processing, Inc., a Delaware corporation
(“Seller”), and amends that certain Residual Purchase Agreement (the “Agreement”) dated January 7, 2011, as previously amended, between Purchaser and Seller. Capitalized terms used herein and not otherwise
defined herein shall have the meanings assigned to them in the Agreement. 
 For the sum of $20,000, payable by Purchaser upon
execution by both parties of this Amendment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties do hereby agree that the Agreement is amended as follows: 

 

	 	1.	Section 1.6(e) of the Agreement is hereby amended to read in its entirety as follows: 

[* * *] 
  

	 	2.	Section 1.7 of the Agreement is hereby amended to read in its entirety as follows: 

1.7 Stock Pledge. As security for performance of Seller’s [* * *] and other obligations hereunder, Seller does hereby
grant Purchaser a security interest in and to the Shares. Seller shall execute and deliver a stock pledge agreement in a mutually acceptable form with respect to the security interest granted hereunder (the “Stock Pledge
Agreement”), pursuant to which Purchaser shall retain possession of the certificates representing the Shares. In addition, Seller shall execute and deliver the Subscription Agreement and the Lockup Agreement (as defined below). Provided
that Seller complies with all of its obligations hereunder, including without limitation [* * *] made by Seller, the security interest shall terminate on the date that is thirty-six (36) months following the Closing and the certificates
representing the Shares shall be released to Seller at that time. Purchaser agrees and acknowledges that it will not impose any restrictions on transfer with respect to any stock issued to Seller under this Agreement other than under the Stock
Pledge Agreement, the Subscription Agreement and the Lockup Agreement (if applicable) or under applicable Federal or state securities laws. 
  

	 	3.	The introductory paragraph of Article III of the Agreement is hereby amended to read in its entirety as follows: 

Seller hereby covenants at all times, during the period commencing on the Effective Date and ending on the earlier of thirty-six months thereafter or the
termination of the Services Agreement (as defined below) (or such different period if specifically set forth below), to do the following: 
  

	 	4.	Paragraphs 1 and 2 of Exhibit G of the Agreement are hereby amended to read in their entirety as follows: 

[* * *] 

 4. In paragraph 1 of Exhibit E, “Lockup Agreement” is to be amended as
follows: the “two (2) is to be deleted and replaced in its entirety by “three (3)”. 
  

	 	5.	The remainder of the Agreement shall remain unaffected by this Amendment. 

 Executed to be effective as of the Effective Date set forth above. 
  

			
	SELLER:
	
	First Alliance Payment Processing, Inc.
		
	By:	 	 /s/ Sandor Krizsan

		 	Sandor Krizsan
	
	PURCHASER:
	
	Calpian, Inc.
		
	By:	 	 /s/ Harold Montgomery

		 	Harold Montgomery
		 	Chief Executive Officer

 Text Marked By [* * *] Has Been Omitted Pursuant To A Request For Confidential Treatment
And Was 
 Filed Separately With The Securities And Exchange Commission. 

AMENDMENT NO. 3 TO RESIDUAL PURCHASE AGREEMENT 
 This Amendment No. 3 to Residual Purchase Agreement (this “Amendment”), dated June 30, 2011 (“Effective Date”), is between Calpian, Inc., a Texas corporation
(“Purchaser”), and First Alliance Payment Processing, Inc., a Delaware corporation (“Seller”) and amends that certain Residual Purchase Agreement between Purchaser and Seller dated January 7, 2011 as amended by
Amendment No. 1 and No. 2 thereto (as previously amended, the “Agreement”). Capitalized terms used herein but not otherwise defined herein shall have the meaning assigned to them in the Agreement. 

RECITALS 

A. Seller and Purchaser have entered into and consummated the transactions contemplated by the Agreement, and now wish to amend the
Agreement. 
 B. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
agree as follows: 
 1. The Agreement is hereby amended as follows: 

Purchase and Sale of Residuals. Seller hereby exercises its right to sell additional Residuals pursuant to Exhibit I of the Agreement, and
Purchaser hereby agrees to purchase such Residuals. To the extent of a conflict between the terms of Exhibit I of the Agreement and this Amendment, the provisions of this Amendment shall control. For consideration of $120,000 cash being paid and
10,000 shares of Purchaser’s restricted common stock being issued (subject to the terms below) concurrently with the execution of this Amendment, there is hereby added to the [* * *] under the Agreement a total of [* * *] of Residuals paid by
NPC and such amount shall be included in the [* * *] for all purposes under the Agreement, for a total [* * *] of [* * *]. Seller shall instruct and have NPC’s acknowledgement to direct 100% of the residual stream to Buyer each month. Purchaser
shall receive the payment for the increased amount of Purchased Residuals beginning with the payment received in the month of August 2011. The [* * *], as increased hereunder, shall be subject to all of the same conditions, covenants,
representations and warranties as provided in the Agreement, including the representations and warranties set forth in Article V thereof. In addition, the additional Residuals shall be subject to [* * *] set forth in EXHIBIT G of the Agreement for a
period of thirty six (36) months after acquisition of the additional Residuals. Seller and Purchaser also agree that the Agreement is hereby amended to increase the [* * *] with respect to the initial Residuals acquired thereunder from twenty
four months after acquisition to thirty six months (36) months after acquisition. Buyer shall execute a Subscription Agreement prior to receiving the shares to be issued hereunder. In addition, in order to secure its [* * *] in connection with
the newly purchased residuals, Seller does hereby grant Purchaser a security interest in and to the 10,000 additional shares of stock to be issued hereunder and Seller and Purchaser agree to enter into a stock pledge agreement in substantially the
same form as already executed by the parties with respect to the security interest granted hereunder. 

 2. The remainder of the Agreement shall be unchanged by this Amendment. 

Executed to be effective as of the Effective Date. 

 

			
	First Alliance Payment Processing, Inc.
	
	 /s/ Sandor Krizsan

		
	By:	 	Sandor Krizsan
		
	Its:	 	pres.
	
	Calpian, Inc.
	
	 /s/ Harold Montgomery

		
	By:	 	Harold Montgomery
		
	Its:	 	CEOFORM OF AMC NETWORKS INC. NON-EMPLOYEE DIRECTOR AGREEMENT

 Exhibit 10.1 
 NON-EMPLOYEE DIRECTOR AGREEMENT 
 [Full Name of Director] 

[Date] 
 Dear
[Name        ]: 
 Pursuant to the AMC Networks Inc. (the “Company”) 2011 Stock Plan for
Non-Employee Directors (the “Plan”), you have been granted, effective as of [                    ], [#] restricted stock units
(“Units”), representing the number of shares of AMC Networks Inc. Class A common stock, par value $.01 per share (“Shares”), equal to $[        ] divided by
$[        ], the closing price of a Share on The Nasdaq Stock Market LLC on [                    ]. The Units
are granted subject to the terms and conditions set forth below and in the Plan: 
  

	 	1.	RESTRICTED STOCK UNITS 

 1.1 Each Unit shall represent a fully vested unfunded, unsecured promise by the Company to deliver to you one Share or, in the sole discretion of the Committee pursuant to Section 6.2.2 of the Plan,
cash equal to the Fair Market Value of a Share, on the first business day after the expiration of 90 days following the date on which you terminate your service as a member of the Board of Directors (the “Delivery Date”). 

1.2 Notwithstanding any other provision to the contrary, if you die prior to the Delivery Date, the Shares (or cash in
lieu of all or any portion thereof) corresponding to your outstanding Units shall be delivered as soon as practicable thereafter to your estate. 

  
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 1.3 Prior to the Delivery Date, at or promptly after the time of
distribution of any ordinary cash dividend paid by the Company in respect of the Shares, the record date for which occurs on or after the date hereof, you shall be entitled to receive an amount in cash equal to such regular cash dividend payment
that would have been made in respect of the Shares underlying the Units, as if the Shares had been actually delivered. 
  

	 	2.	NONTRANSFERABILITY OF UNITS 

 The Units (or any rights and obligations thereunder) granted to you may not be sold, exchanged, transferred, assigned, pledged, hypothecated or otherwise disposed of, whether voluntarily or involuntarily,
other than by will or by the laws of descent and distribution, and all such Units (and any rights thereunder) shall be exercisable during your lifetime only by you or your legal representative. Notwithstanding the immediately preceding sentence, the
Committee may permit, under such terms and conditions that it deems appropriate in its sole discretion, you to transfer any Unit to any person or entity that the Committee so determines. Any assignment in violation of the provisions of this Section
or Section 11 of the Plan shall be void. 
  

	 	3.	COMPLIANCE WITH LAWS 

 It is the Company’s intent that the award of Units granted comply in all respects with Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the “Act”). All actions with respect to
Units under the Plan shall be executed in accordance with the requirements of Section 16 of the Act, as amended, and any regulations promulgated thereunder. To the extent that any of the provisions contained herein do not conform with Rule
16b-3 of the Act or any amendments thereto or any successor regulation, then the Committee may make such modifications so as to conform the Units granted thereunder to the Rule’s requirements. 

  
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	 	4.	TAX WITHHOLDING 

If the Company shall be required to withhold any amounts by reason of any federal, state or local tax laws, rules or regulations in
respect of the Units, you shall make available to the Company, promptly when requested by the Company, sufficient funds to meet the requirements of such withholding and the Company shall be entitled to take and authorize such steps as it may deem
advisable in order to have such funds available to the Company out of any funds or property to become due to you. 
  

	 	5.	SECTION 409A 

 It
is the Company’s intent that the award of Units comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”) and that the award be administered and interpreted accordingly.
If and to the extent that any payment or benefit under the award is determined by the Company to constitute “non-qualified deferred compensation” subject to Section 409A and is payable to you by reason of your termination of
employment, then (a) such payment or benefit shall be made or provided to you only upon a “separation from service” as defined for purposes of Section 409A under applicable regulations and (b) if you are a “specified
employee” (within the meaning of Section 409A and as determined by the Company), such payment or benefit shall not be made or provided before the date that is six months after the date of your separation from service (or earlier death).
Notwithstanding any provision of Sections 3.2, 7 or 9 of the Plan to the contrary, any amendment to the terms of any outstanding award or any delay in the issuance or delivery of Shares shall comply with Section 409A. 

  
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	 	6.	GENERAL 

 The Units
granted by this letter are being issued pursuant and subject to the Plan. Capitalized terms used herein without definition shall have the meanings given to such terms that are defined in the Plan. 

 

			
		 	AMC NETWORKS INC.
		
	 By:
	 	  

		 	Joshua W. Sapan
		 	President and Chief Executive Officer

 By your electronic signature, you (i) acknowledge that a complete copy of the Plan and the
final execution version of this Agreement have been made available to you and (ii) agree to all of the terms and conditions set forth in the Plan and this Agreement. 

  
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