Document:

Exhibit 10.1

 

NINTH AMENDMENT TO CONSOLIDATED PROMISSORY
NOTE

 

THIS NINTH AMENDMENT
TO CONSOLIDATED PROMISSORY NOTE (the “Ninth Amendment”) is made and entered into as of the 2nd day of March 2015 by
Discovery Energy Corp. a Nevada corporation f/k/a “Santos Resource Corp.” (herein called “Maker”), and
Liberty Petroleum Corporation, an Arizona corporation (herein called “Payee”).

 

RECITALS:

 

WHEREAS, Maker executed
in favor of Payee a Promissory Note (the “Note”) dated September 26, 2013 for a principal amount of $542,294; and

 

WHEREAS, pursuant to
a series of amendments on the Note, First through Eighth, the principal amount was to become due and payable on the 2nd
day of March 2015; and

 

WHEREAS, Maker wishes
to receive an extension of the Note, and the Payee is willing to so extend the Note; and

 

WHEREAS, the parties
hereto desire to amend the Note upon the terms, provisions and conditions set forth herein;

 

AGREEMENT:

 

NOW, THEREFORE, in
consideration of the mutual promises herein, the parties hereto hereby agree as follows (all undefined, capitalized terms used
herein shall have the meanings assigned to such term in the Note):

 

		1.	Amendment to the Note. In consideration of the mutual promises herein, the Note shall be
amended so that all outstanding principal of this Note ($542,294.00) and interest that has heretofore accrued or hereafter accrues,
on such Note shall become due and payable in a single balloon payment on the 2nd day of June 2015, notwithstanding anything
else provided for in the Note. If pre-payments totaling TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000) are made prior to June
2, 2015, then the remaining principal balance of this Note with all accrued but unpaid interest thereon shall then be due and payable
in full on or before July 31, 2015.

 

		2.	Miscellaneous. Except as otherwise expressly provided herein, the Note is not amended, modified
or affected by this Ninth Amendment. Except as expressly set forth herein, all of the terms, conditions, covenants, representations,
warranties and all other provisions of the Note are herein ratified and confirmed and shall remain in full force and effect. On
and after the date on which this Ninth Amendment becomes effective, the terms, “Note,” “herein,” “hereunder”
and terms of like import, when used herein or in the Note shall, except where the context otherwise requires, refer to the Note,
as amended by this Ninth Amendment. This Ninth Amendment may be executed in counterparts, and it shall not be necessary that the
signatures of all parties hereto be contained on any one counterpart hereof, each counterpart shall be deemed an original but all
of which together shall constitute one and the same instrument. This Ninth Amendment shall be deemed fully executed and delivered
when duly signed by the signatories and delivered via “PDF” or facsimile transmission.

 

    	1

    	 

    

 

IN WHITNESS WHEREOF, the undersigned have
set their hands hereunto as the first date written above.

 

	DISCOVERY ENERGY CORP.,	 	LIBERTY PETROLEUM CORPORATION, 
	a Nevada corporation	 	an Arizona corporations
	 	 	 	 	 
	By:   	/s/ Keith J. McKenzie	 	By:  	/s/ Lane Franks
	Keith J. McKenzie,	 	Lane Franks,
	Chief Executive Officer	 	President 

 

    	2EX-10.1

 Exhibit 10.1 

Actua 2015 Performance Plan 
 The
Board of Directors of Actua Corporation (together with its wholly-owned subsidiaries, “Actua”) hereby establishes this 2015 Performance Plan (this “Plan”). The purposes of this Plan are to (1) advance the interests of
Actua’s stockholders by providing certain officers and other employees with bonus payments and/or vesting of performance shares upon the achievement of specified corporate and individual goals and (2) help Actua attract and retain key
employees. 
 The Compensation Committee of Actua’s Board of Directors (the “Committee”) will administer and interpret this Plan. All
decisions and determinations of the Committee with respect to this Plan will be final and binding on all parties. 
 Actua’s 2015 goals include
quantitative and qualitative goals. The relative weighting of each element of the Actua-specific goals is described below. 
 Eighty percent (80%) of
the Plan is tied to the accomplishment of quantitative goals. The achievement of a specified consolidated GAAP revenue goal for Actua’s existing consolidated companies (FolioDynamix, GovDelivery, MSDSonline and Bolt) accounts for fifty percent
(50%) of the Plan, the achievement of a specified consolidated adjusted non-GAAP net income goal accounts for ten percent (10%) of the Plan, and the achievement of a specified consolidated adjusted non-GAAP cash flow from operations
goal accounts for twenty percent (20%) of the Plan. 
 Twenty percent (20%) of the Plan is tied to execution against the following qualitative
goals: (1) execution of strategic initiatives, (2) allocation of capital and corporate development, (3) brand enhancement and (4) reaction to unforeseen market/business conditions. 

Following the end of the 2015 fiscal year, the Committee will evaluate Actua’s 2015 performance and determine the extent (expressed as a percentage) to
which the corporate and individual goals, as applicable, were achieved (such percentage, the “Achievement Percentage”). The Committee will then award bonuses and/or provide for the vesting of performance shares in accordance with each
individual’s Achievement Percentage under the terms of this Plan.EX-10.2

 Exhibit 10.2 
  

 
  

RESTRICTED SHARE AGREEMENT 

 
  

 
 On this, the 27th day of February
2015 (the “Grant Date”), Actua Corporation (“Actua,” and together with its wholly-owned subsidiary, Actua USA Corporation, the “Company”) hereby grants to
[—] (“Grantee”) a restricted share award (the “Award”) of [—] shares (the “Shares”) of the
common stock of Actua, subject to the restrictions below and pursuant to and subject to the terms and conditions of the Actua Sixth Amended and Restated 2005 Omnibus Equity Compensation Plan (as such may be amended from time to time, the
“Plan”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Plan. 

1. Vesting and Term. 

(a) On or before February 29, 2016, the Compensation Committee of Actua’s Board of Directors (the
“Board”) (such committee, the “Committee”) shall determine the extent (expressed as a percentage) to which Actua has achieved the 2015 performance goals outlined in the Actua 2015 Performance Plan adopted by the
Board on February 27, 2015 (the “Performance Plan”) (such percentage, the “Earned Percentage”). If the Earned Percentage is 150% or greater, all of the Shares (excluding any Shares forfeited pursuant to
Section 1(c) or Section 1(d) below) shall vest on February 29, 2016. If the Earned Percentage is more than 0% but less than 150%, a number of Shares equal to the product of (i) two-thirds, (ii) the Earned Percentage and
(iii) the aggregate number of Shares (excluding any Shares forfeited pursuant to Section 1(d) below) shall vest on February 29, 2016. On February 29, 2016, any Shares not vested pursuant to this Section 1(a) or previously
forfeited shall be automatically forfeited. 
 (b) Change in Control. The provisions of the Plan applicable to a Change of Control
(as defined in the Plan) shall apply to the Shares, and, in the event of a Change of Control, the Committee may take such actions as it deems appropriate pursuant to the Plan. 

(c) Effect of Termination for Cause. In the event Grantee’s employment is terminated for Cause (as defined below), all of the
Shares shall be automatically forfeited upon termination. “Cause” shall mean a finding by the Committee that (i) Grantee has breached any employment, service, noncompetition, nonsolicitation, confidentiality or other similar
contract between Grantee and the Company or (ii) Grantee has engaged in disloyalty to the Company, including, without limitation, fraud, embezzlement, theft, commission of a felony or dishonesty in the course of Grantee’s employment or
service. Notwithstanding the foregoing, if Grantee has an employment agreement with the Company defining “Cause,” then such definition shall supersede the foregoing definition. 

(d) Effect of Termination Other Than for Cause. In the event Grantee’s employment terminates prior to December 31, 2015 other
than for Cause, a number of Shares shall be automatically forfeited on the date of termination equal to product of (i) the number of Shares initially subject to this Award and (ii) a fraction, the numerator of which is the number of days
between the date of termination and December 31, 2015, and denominator of which is 365. 
 2. Non-Transferability of Award.
Grantee may not assign, transfer, pledge or otherwise dispose of the Shares prior to vesting. Any attempt to assign, transfer, pledge or otherwise dispose of the unvested Shares contrary to the provisions hereof, and the levy of any execution,
attachment or similar process upon the unvested Shares, shall be null and void and without effect. 
 3. Right to Vote and to Receive
Dividends. Grantee shall have the right to vote unvested Shares and receive any cash dividends or other cash distributions paid on unvested Shares 

 
provided that such Shares have not been forfeited. In the event of a dividend or distribution payable in stock or other property, a reclassification, stock split or similar event during the
period in which the Shares are unvested, the shares or other property issued or delivered with respect to the unvested Shares shall be subject to the same terms and conditions relating to vesting, forfeiture and non-transferability as the Shares to
which they relate. 
 4. Incorporation by Reference; Definitions. This Award shall be subject to the terms, conditions and
limitations of the Plan, which are incorporated herein by reference. In the event of any contradiction, distinction or difference between this Restricted Share Agreement and the terms of the Plan, the terms of the Plan shall control. Except as
otherwise defined in this Restricted Share Agreement, the terms used in this Restricted Share Agreement shall have the meanings set forth in the Plan. The Award is subject to the interpretations, regulations and determinations concerning the Plan
established from time to time by the Committee in accordance with the provisions of the Plan, including, but not limited to, provisions pertaining to (a) rights and obligations with respect to the withholding of taxes, (b) the
registration, qualification or listing of the Shares, (c) changes in capitalization of Actua, and (d) other requirements of applicable law. The Committee shall have the authority to interpret and construe the Award pursuant to the terms of
the Performance Plan and the Plan, its decisions shall be conclusive as to any questions arising hereunder, and Grantee’s acceptance of this Award is Grantee’s agreement to be bound by the interpretations and decisions of the Committee
with respect to this Award, the Performance Plan and the Plan. 
 5. Issuance of Certificates. The Company shall hold
non-certificated shares until the Shares vest. If and when Grantee obtains a vested right to any of the Shares, the vested Shares shall be issued in electronic form, free of the restrictions set forth in this Restricted Share Agreement. 

6. Withholding. Grantee is required to pay to the Company, or make other arrangements satisfactory to the Company to provide for the
payment of, any federal, state, local or other taxes that the Company is required to withhold with respect to the grant or vesting of this Award. Subject to Committee approval, Grantee may elect to satisfy any tax withholding obligation of the
Company with respect to this Award by having shares withheld up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities. 

7. No Employment or Other Rights. This Award shall not confer upon Grantee any right to be retained by or in the employ or service of
the Company or its parent or subsidiaries and shall not interfere in any way with the right of the Company or its parent or subsidiaries to terminate Grantee’s employment or service at any time. The right of the Company or its parent or
subsidiaries to terminate at will Grantee’s employment or service at any time for any reason is specifically reserved. 
 8.
Assignment by Company. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parent or subsidiaries and affiliates. This Award may be assigned by the Company
without Grantee’s consent. 
 9. Governing Law. This Restricted Share Agreement shall be deemed to be made under and shall be
construed in accordance with the laws of the State of Delaware. 
 10. Notice. All notices hereunder shall be in writing, and if to
the Company or the Committee, shall be delivered to the Board or mailed to Actua’s principal office, addressed to the attention of the Board; and if to Grantee, shall be delivered personally sent by facsimile transmission or mailed to Grantee
at the address appearing in the records of the Company. Such addresses may be changed at any time by written notice to the other party given in accordance with this Section 10. 

[Signature page follows.] 

  
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 IN WITNESS WHEREOF, the undersigned have executed this Restricted Share Agreement as of the date
first set forth above. 
  

			
	ACTUA USA CORPORATION
		
	By:		  

			[—]
			[—]

  

			
	ACTUA CORPORATION
		
	By:		  

			[—]
			[—]

 The undersigned hereby accepts the Share Award described in this Restricted Share Agreement. The undersigned
has read the terms of the Performance Plan, the Plan and this Restricted Share Agreement, and agrees to be bound by the terms of the Performance Plan, the Plan and this Restricted Share Agreement and the interpretations of the Committee with respect
thereto. 
  

	
	ACCEPTED:
	
	  

	[—] (Grantee)

  
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