Document:

Exhibit
10.1

 

FIRST
AMENDMENT TO CREDIT AGREEMENT

 

THIS
FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is dated as of the 30th day of June, 2015
by and between UNITED COMMUNITY BANKS, INC., a Georgia corporation (the “Borrower”), and SYNOVUS BANK, as Lender
(the “Lender”).

 

WHEREAS,
the Borrower and the Lender entered into that certain Credit Agreement dated as of January 7, 2014 (as in effect prior to the
date hereof, the “Credit Agreement”);

 

WHEREAS,
the Borrower has requested that the Lender amend the Credit Agreement to, among other things, extend the maturity date of the
Credit Agreement to June 30, 2018; and

 

WHEREAS,
the Lender is willing to amend the Credit Agreement to, among other things, extend the maturity date to June 30, 2018 on the terms
and conditions contained in this Amendment.

 

NOW,
THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto agree as follows:

 

Section
1.     Definitions.  Capitalized terms used in this Amendment and not otherwise defined herein shall have the respective meanings
given such terms in the Credit Agreement.

 

Section
2.    Specific Amendments.  At the request of the Borrower, but subject to the satisfaction of the conditions precedent set
forth in Section 4 below, the Credit Agreement is hereby amended as follows:

 

(a)          By
replacing the definition of “Maturity Date” set forth in Section 1.1 of the Credit Agreement in its entirety
and substituting in lieu thereof the following:

 

“‘Maturity
Date’ shall mean June 30, 2018, or such earlier date as the Revolving Commitments are terminated pursuant
to Section 2.5(b) or Section 8.1.”

 

(b)          By
replacing clause (c) of the definition of “Permitted Acquisition” set forth in Section 1.1 of the Credit Agreement
in its entirety and substituting in lieu thereof the following:

  

“(c)
the Lender shall receive written notice at least three (3) Business Days prior to the earlier of: (i) Borrower issuing a news
release announcing such proposed Acquisition, (ii) Borrower filing a Form 8K with SEC announcing such proposed Acquisition and
(iii) the closing of such proposed Acquisition, which notice shall include a reasonably detailed description of such proposed
Acquisition.”

 

    	 

    	 

    

 

Section
3.    Other Documents. All other Loan Documents executed and delivered in connection with the Credit Agreement are hereby
amended solely to the extent necessary to conform to this Amendment.

 

Section
4.     Conditions. The effectiveness of this Amendment is subject to the satisfaction of the following conditions precedent:

 

(a)          The
Lender shall have received a counterpart of this Amendment duly executed by the Borrower and the Lender;

 

(b)          The Lender shall have received an executed copy of that certain letter agreement dated as of the date hereof by and between the
Borrower and the Lender (the “Fee Letter”);

 

(c)          The
Lender shall have received: (i) certificates of good standing or existence, as may be available from the Secretary of State of
the jurisdiction of incorporation of the Borrower and each other jurisdiction where the Borrower is required to be qualified to
do business as a foreign corporation, and (ii) certificates of good standing or existence with respect to each material Subsidiary
of the Borrower (which shall include, in any event, each Financial Institution Subsidiary), as may be available from the Secretary
of State of the jurisdiction of incorporation of each such Subsidiary and each other jurisdiction where such Subsidiary is required
to be qualified to do business as a foreign corporation (except, solely with respect to United Community Bank, in the State of
Tennessee);

  

(d)          The
Lender shall have received a certificate of the Secretary or Assistant Secretary of the Borrower attaching and certifying copies
of its bylaws and of the resolutions of its board of directors, authorizing the execution, delivery and performance of this Agreement;

 

(e)          The
Borrower shall have paid all fees and expenses contemplated by: (i) Section 7 hereof and (ii) the Fee Letter; and

 

(f)          The Lender shall have received such other documents, instruments and agreements as the
                                         Lender may reasonably request relating to the transactions contemplated herein.

 

Section
5.     Representations and Warranties. To induce the Lender to enter into this Amendment, the Borrower hereby represents and
warrants to the Lender that:

 

(a)          Authorization.
The Borrower has the right and corporate power, and has taken all necessary action to authorize it, to execute and deliver this
Amendment and the Fee Letter and to perform its obligations hereunder and under the Credit Agreement, as amended by this Amendment,
the Fee Letter and the other Loan Documents to which it is a party in accordance with their respective terms. This Amendment has
been duly executed and delivered by a duly authorized officer of the Borrower and each of this Amendment, the Credit Agreement,
as amended by this Amendment, and the Fee Letter is a legal, valid and binding obligation of the Borrower enforceable against
the Borrower in accordance with its respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium, or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity.

 

    	2

    	 

    

 

(b)          Compliance
with Laws. The execution and delivery by the Borrower of this Amendment and the performance by the Borrower of this Amendment,
the Credit Agreement, as amended by this Amendment, and the Fee Letter in accordance with their respective terms, do not and will
not, by the passage of time, the giving of notice or otherwise: (i) require any consent or approval of, registration or filing
with, or any action by, any Governmental Authority (except those as have been obtained or made and are in full force and effect);
(ii) violate any applicable law or regulation or the articles of incorporation or bylaws of the Borrower or any order of any Governmental
Authority binding upon the Borrower; (iii) violate or result in a default under any indenture, material agreement or other
material instrument binding on the Borrower or any of its Subsidiaries or any of their respective assets or give rise to a right
thereunder to require any payment to be made by the Borrower or any such Subsidiary; or (iv) result in the creation or imposition
of any Lien on any asset of the Borrower or any Subsidiary.

 

(c)          No
Default. As of the date hereof, no Default or Event of Default shall exist.

 

Section
6.    Reaffirmation of Representations.  The Borrower hereby represents, repeats and reaffirms all representations and
warranties made by the Borrower in the Credit Agreement and the other Loan Documents on and as of the date hereof with the same
force and effect as if such representations and warranties were set forth in this Amendment in full (except to the extent that
any such representation or warranty expressly relates to an earlier date, in which case, the Borrower hereby represents, repeats
and reaffirms such representation and warranty as of such date).

  

Section
7.    Payment of Expenses.  The Borrower agrees to pay or reimburse the Lender, upon demand, for its reasonable out-of-pocket
fees, costs and expenses (including attorneys’ fees) incurred in connection with the preparation, negotiation, execution
and delivery of this Amendment and the other documents and agreements executed and delivered in connection herewith.

 

Section 8.
    Effect; Ratification.

 

(a) 
Except as expressly herein amended, the terms and conditions of the Credit Agreement and the other Loan Documents remain unchanged
and continue to be in full force and effect. The amendments contained herein shall be deemed to have prospective application only,
unless otherwise specifically stated herein. The Credit Agreement is hereby ratified and confirmed in all respects. Each reference
to the Credit Agreement in any of the Loan Documents shall be deemed to be a reference to the Credit Agreement, as amended by
this Amendment.

 

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(b)
 Nothing contained herein shall be deemed to constitute a waiver of compliance with any term or condition contained in the Credit
Agreement or any of the other Loan Documents, or constitute a course of conduct or dealing among the parties. The Lender reserves
all rights, privileges and remedies under the Loan Documents.

 

(c)
 This Amendment constitutes the entire agreement and understanding among the parties hereto with respect to the subject matter
hereof and supersedes any and all prior agreements and understandings, oral or written, relating to the subject matter hereof.
This Amendment shall for all purposes be deemed to be a “Loan Document” under the Credit Agreement and entitled to
the benefits thereof.

 

Section 9.
    Further Assurances.  The Borrower agrees to take all further actions and execute such other documents and instruments as
the Lender may from time to time reasonably request to carry out the transactions contemplated by this Amendment, the Loan Documents
and all other agreements executed and delivered in connection herewith.

 

Section
10.   Binding Effect. This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their
respective permitted successors and assigns.

 

Section
11. RELEASE. IN CONSIDERATION OF THE AMENDMENTS CONTAINED HEREIN, THE SUFFICIENCY OF WHICH IS HEREBY ACKNOWLEDGED, THE
BORROWER HEREBY IRREVOCABLY RELEASES AND FOREVER DISCHARGES THE LENDER AND EACH OF ITS RESPECTIVE AFFILIATES, SUBSIDIARIES, SUCCESSORS,
ASSIGNS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, REPRESENTATIVES AND ATTORNEYS (EACH, A “RELEASED PERSON”) OF AND
FROM ALL DAMAGES, LOSSES, CLAIMS, DEMANDS, LIABILITIES, OBLIGATIONS, ACTIONS AND CAUSES OF ACTION WHATSOEVER WHICH THE BORROWER
MAY NOW HAVE OR CLAIM TO HAVE ON AND AS OF THE DATE HEREOF AGAINST ANY RELEASED PERSON, WHETHER PRESENTLY KNOWN OR UNKNOWN, LIQUIDATED
OR UNLIQUIDATED, SUSPECTED OR UNSUSPECTED, CONTINGENT OR NON-CONTINGENT, AND OF EVERY NATURE AND EXTENT WHATSOEVER (COLLECTIVELY,
“CLAIMS”) OTHER THAN ANY CLAIM ARISING SOLELY OUT OF THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SUCH RELEASED PERSON.
THE BORROWER REPRESENTS AND WARRANTS TO THE LENDER THAT IT HAS NOT GRANTED OR PURPORTED TO GRANT TO ANY OTHER PERSON ANY INTEREST
WHATSOEVER IN ANY CLAIM, AS SECURITY OR OTHERWISE. THE BORROWER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS EACH RELEASED PERSON
FROM AND AGAINST ANY AND ALL CLAIMS AND ANY LOSS, COST, LIABILITY, DAMAGE OR EXPENSE (INCLUDING REASONABLE ATTORNEYS’ FEES
AND EXPENSES) INCURRED BY ANY RELEASED PERSON IN INVESTIGATING, PREPARING FOR, DEFENDING AGAINST, PROVIDING EVIDENCE OR PRODUCING
DOCUMENTS IN CONNECTION WITH OR TAKING OTHER ACTION IN RESPECT OF ANY COMMENCED OR THREATENED CLAIM.

 

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Section
12. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an
original and shall be binding upon all parties, their successors and assigns. The exchange of copies of this Amendment and of
signature pages by facsimile or .pdf via email transmission shall constitute effective execution and delivery of this Agreement
as to the parties.

 

Section
13. Severability; Headings. Any provision of this Amendment which is prohibited or unenforceable in any jurisdiction shall,
as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability, without invalidating the remaining
provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. The section and subsection headings used in this Amendment are for convenience of reference
only and are not to affect the construction hereof or to be taken into consideration in the interpretation hereof.

 

Section
14. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE CONSTRUED
IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAW PRINCIPLES THEREOF) OF THE STATE OF
GEORGIA.

 

Section
15. Delivery of Tennessee Good Standing Certificate. Within thirty (30) days of the date hereof, the Borrower shall deliver
a certificate of good standing or existence from the State of Tennessee for United Community Bank. The failure to deliver such
certificate within thirty (30) days after the date hereof shall result in an immediate Event of Default under the Credit Agreement.

 

[Signature
Page Follows]

 

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IN
WITNESS WHEREOF, the parties hereto have caused this First Amendment to Credit Agreement to be duly executed by their respective
authorized officers as of the day and year first above written.

	 	 	 	 
	 	UNITED COMMUNITY BANKS, INC.	 
	 	 	 	 
	 	By:	/s/ Rex S. Schuette	 
	 	Name:	Rex S. Schuette	 
	 	Title:	Executive Vice President & Chief Financial Officer	 

	 	 	 	 
	 	SYNOVUS BANK,

    as Lender	 
	 	 	 	 
	 	By:	/s/ Michael Sawicki	 
	 	Name:	Michael Sawicki	 
	 	Title:	SVP & Director LCBG EastTransAKT Ltd.: Exhibit 10.1 - Filed by newsfilecorp.com

SHARE TRANSFER AGREEMENT 

THIS AGREEMENT effective the 30th day of June, 2015 

	AMONG:  	
		TransAKT Taiwan Limited., a corporation formed
      and existing under the laws of Taiwan (ROC), with an office located at 3F
      No 19-2, Lane 231 Fu-Hsin North Rd. 
	 	  
	 	(the “Shareholder”) 
	 	  
	AND: 	 
		Peng YuChi, an individual and national of
      Taiwan with an address located at 16F-3, No 22 Ln730, Zhungming S.Rd,
      South District, Taichung city, 402, R.O.C. 
	 	 
	 	(the “Purchaser”) 
	 	  
	 	  
	AND: 	 
		Vegfab Agricultural Technology Co. Ltd., a
      corporation formed and existing under the laws of Taiwan (ROC), with an
      office located at 3F No 19-2, Lane 231 Fu-Hsin North Rd. 
	 	. 
	 	(the “Company”) 

WITNESSES THAT WHEREAS: 

	A. 	
      the Shareholder is the registered and beneficial owner of
      20,000,000 common shares (the “Shares”) in the capital stock of the
      Company, being 100% of the issued and outstanding securities of the
      Company; and

	 	 
	B. 	
      the Shareholder wishes to sell to the Purchaser and the
      Purchaser wishes to purchase from the Shareholder the Shares on the terms
      and conditions hereinafter set forth in this Agreement (the
      “Transaction”).

THEREFORE, in consideration of the mutual covenants and
agreements herein contained and other good and valuable consideration (the
receipt and sufficiency of which are hereby acknowledged by each of the
parties), and for the consideration set forth in clause 1.1 below, (the receipt
and sufficiency of which is hereby acknowledged), the parties covenant and agree
each with the others as follows: 

1.           SHARE TRANSFER 

1.1           On the basis of the warranties and representations of the
Shareholder and the Purchaser set forth in clause 2.1 and 3.1 of this Agreement
and subject to the terms and conditions of this Agreement, the Purchaser agrees
to purchase from the Shareholder and the Shareholder agrees to sell to the
Purchaser the Shares effective the date of this Agreement for the purchase price of USD$ 0.005 per Share,
for an aggregate of US$100,000 plus cancellation of the intercompany debts between Vegfab Agricultural Technology Co Ltd
and the holding company as a Group (including
but not limited to direct holding company ‘TransAKT Taiwan Limited’, other
indirect holding companies, affiliated companies, shareholders, officers and
directors)(the “Purchase Price”) that is payable on the close of the
Transaction on the effective date of this Agreement (the “Closing”). 

- 2 - 

2.          REPRESENTATIONS AND WARRANTIES OF THE
SHAREHOLDER

2.1           The Shareholder represents and warrants to the Purchaser
that: 

	 	(a) 	
      immediately prior to and at the Closing, the Shareholder
      shall be the legal and beneficial owner of the Shares and on the Closing
      Date, the Shareholder shall transfer to the Purchaser the Shares free and
      clear of all liens, restrictions, covenants or adverse claims of any kind
      or character; and

	 	 	 
	 	(b) 	
      the Shareholder has the legal power and authority to
      execute and deliver this Agreement and all other documents required to be
      executed and delivered by the Shareholder hereunder and to consummate the
      transactions contemplated hereby.

3.           REPRESENTATIONS AND WARRANTIES OF THE
COMPANY

3.1           The Company represents and warrants to the Purchaser that:

	 	(a) 	
      immediately prior to and at the Closing, the Shares shall
      constitute 100% of the issued and outstanding securities in the capital
      stock of the Company.

	 	 	 
	 	(b) 	
      immediately prior to and at the Closing there shall be no
      issued or outstanding warrants, options, debentures, preferred shares or
      other securities or instruments convertible into common shares or other
      securities in the capital stock of the Company.

4.           REPRESENTATIONS AND WARRANTIES OF THE
PURCHASER

4.1           The Purchaser represents and warrants to the Shareholder
that the Purchaser: 

	 	(a) 	
      has the legal power and authority to execute and deliver
      this Agreement and to consummate the transactions hereby
    contemplated;

5.           CONDITIONS 

5.1           The obligation of the Purchaser to carry out the terms of
this Agreement is subject to the following conditions: 

	 	(a) 	
      as soon as practicable the Shareholder will have
      delivered to the Purchaser, the following
documents:

	 	(i) 	
      either: (i) share certificates representing the Shares,
      duly endorsed by the Shareholder for transfer to the Purchaser; or (ii) a
      duly executed and witnessed power of attorney to transfer the Shares
      substantially in the form attached hereto as Exhibit
“A”;

- 3 - 

	 	(ii) 	
      all of the consents and approvals in writing necessary to
      the transfer contemplated herein; and

	 	 	 
	 	(iii) 	
      all other documents and instruments as the Purchaser may
      reasonably require.

5.2 This is a valid and binding Agreement, whether or not the
foregoing conditions are satisfied; however, the obligation of the Purchaser to
complete the transfer is subject to waiver or satisfaction of these conditions
precedent. The conditions set forth in clause 5.1 of this Agreement are for the
exclusive benefit of the Purchaser and may be waived by the Purchaser in writing
in whole or in part, but save as so waived, the completion of the transfer
referred to in clause 1.1 hereof by the Purchaser will not prejudice or affect
in any way the rights of the Purchaser in respect of the warranties and
representations of the Shareholder as set forth in clause 2.1 and 3.1 of this
Agreement, and the said warranties and representations will survive. 5.3 The
obligation of the Shareholder to carry out the terms of this Agreement is
subject to the following conditions: 

	 	(a) 	
      as soon as practicable the Purchaser will have delivered
      to the Shareholder, the following documents:

	 	(i) 	
      all of the consents and approvals in writing necessary to
      the transfer contemplated herein;

	 	 	 
	 	(ii) 	
      all other documents and instruments as the Purchaser may
      reasonably require.

6.           NOTICE 

6.1           Any notice required or permitted to be given under this
Agreement will be validly given if in writing and delivered, sent by electronic
facsimile transmission or other means of electronic communication capable of
producing a printed copy or sent by prepaid registered mail, addressed to the
applicable party at its address indicated on the first page of this Agreement or
to such other address as any party may specify by notice in writing to the
other. Any notice delivered on a business day will be deemed conclusively to
have been effectively given on the date notice was delivered and any notice
given by electronic facsimile transmission or other means of electronic
communication capable of producing a printed copy will be deemed conclusively to
have been given on the date of such transmission. Any notice sent by prepaid
registered mail will be deemed conclusively to have been effectively given on
the third Business Day after posting, but if at the time of posting or between
the time of posting and the fifth Business Day thereafter there is a strike,
lockout or other labour disturbance affecting postal service, then the notice
will not be effectively given until actually delivered. 

7.           INDEMNIFICATION 

7.1           The Shareholder agrees to indemnify and hold harmless the
Purchaser against any losses, claims, damages or liabilities to which the
Purchaser may become subject insofar as such losses, claims, damages or
liabilities arise out of or are based upon taxes, real property leases or
equipment leases payable by or for which the Company has the primary liability;
and in particular, any guarantees of Company indebtedness provided by the
Shareholder. 

- 4 - 

8.           GENERAL PROVISIONS 

8.1           Time is of the essence of this Agreement. 

8.2           The parties will execute and deliver all such further
documents and instruments and do all acts and things as may be necessary or
convenient to carry out the full intent and meaning of and to effect the
transactions contemplated by this Agreement. 

8.3           This Agreement is the whole agreement between the parties
hereto in respect of the transfer contemplated hereby and there are no
warranties, representations, terms, conditions, or collateral agreements
expressed or implied, statutory or otherwise, other than expressly set forth in
this Agreement. 

8.4           This Agreement will enure to the benefit of and be binding
upon the parties hereto, and their respective heirs, administrators, executors,
successors and assigns. 

8.5           This Agreement will be governed by and construed in
accordance with the laws of the State of Nevada, and the parties hereby attorn
to the jurisdiction of the Courts of competent jurisdiction of the State of
Nevada in any proceeding hereunder. 

[THIS PART LEFT INTENTIONALLY BLANK] 

- 5 - 

IN WITNESS WHEREOF the parties hereto have duly executed
this Agreement as of the date first written above. 

	WITNESSED BY: 	) 	 Peng YuChi. 
	  	) 	  
	/s/Giu Yenb Hung
    	) 	  
	Name 	) 	  
	  	) 	 /s/Peng YuChi
	Address 	) 	 
    
	  	) 	
	  	) 	  
	  	) 	 
      Peng YuChi
	Occupation 	) 	 (Please print name) 
	  	  	  
	  	  	  
	WITNESSED BY: 	) 	 TRANSAKT TAIWAN LIMITED 
	  	) 	  
	/s/Wu Chi San 	) 	  
	Name 	) 	  
	  	) 	 /s/James Wu 
	Address 	) 	 Its: Authorized Signatory 
	  	) 	 James Wu 
	  	) 	
	  	) 	 
    
	Occupation 	) 	 (Please print name) 
	  	  	  
	  	  	  
	 WITNESSED BY: 	) 	 VEGFAB AGRICULTURAL 
	  	) 	 TECHNOLOGY CO. LTD. 
	 /s/Yam Chi
      Wah 	) 	  
	 Name 	) 	  
	  	) 	  
	 Address 	) 	  
	  	) 	 /s/Wu Chi San 
	  	) 	 Its: Authorized Signatory 
	  	) 	  
	 Occupation 	) 	
	  	  	(Please print name)

- 6 - 

Exhibit “A” 

POWER OF ATTORNEY TO TRANSFER BONDS OR SHARES

FOR VALUE RECEIVED the undersigned, TransAKT Taiwan Limited,
hereby sells, assigns and transfers unto Peng YuChi, _20,000,000_______
common shares standing in the name of the undersigned on the books of
Vegfab Agricultural Technology Co. Ltd., (the “Company”) and hereby irrevocably
constitutes and appoints ______________________, the attorney of the undersigned
to transfer the said shares on the books of the Company with full power of
substitution in the premises. 

DATED, this 30th day of June, 2015. 

	Signed in the presence of: 	)  	TRANSAKT TAIWAN LIMITED 
	  	)  	
	  	)  	
	  	)  	
	  	)  	
	  	 	Per: James Wu, 
	  	 	President 
	  	 	(Signature of person executing
      this power) 
	  	 	  
	  	 	  
	  	 	Signature of transferor guaranteed
      by: 
	  	 	  
	  	 	                                                                                                                                                                               	*  
	  	 	         
                         
                         
                         
           * Authorized Signature Number 

NOTE: The signature to this assignment must correspond with the
name as recorded on the certificate(s)/bond(s) in every particular without
alteration or enlargement or any change whatever.

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