Document:

Exhibit

Exhibit 10.20#

November 17, 2016

Keith Kennedy
6524 N 351h Road
Arlington, VA 22213 

Dear Keith:

We're absolutely delighted to confirm our offer of employment as Veracyte's Chief Financial Officer. In this role, you will report directly to me. (You should note that the Company may modify job titles and reporting relationships from time to time as it deems necessary.) Your date of hire will be December 6, 2016. The following offer is subject to Board approval.

The terms of this offer are as follows:

		
	1.
	You will receive a base salary of $400,000 per year ($16,666.67 per pay period}, less applicable taxes and withholdings, paid in accordance with Veracyte's established payroll schedule, presently semi-monthly.

In addition, you will be eligible to participate in the Veracyte 2017 Bonus Program. Your target bonus for 2017 will be 50% of eligible annual earnings. Payout is dependent on company and individual performance and is not guaranteed.

		
	2.
	You will be granted the option to purchase 100,000 shares of Veracyte Common Stock. The price per share will be equal to the fair market value of the Common Stock on the date of grant (your Veracyte hire date). The vesting will begin on the first anniversary of your employment, and then 1/36 of the shares will vest each month for the next 36 months.

In addition, on your hire date you will be granted 25,000 RSUs that will vest on the one-year anniversary of your Veracyte employment.

		
	3.
	You will also be eligible for the provisions of our Change of Control and Severance Agreement, which is attached for your review and signature.

		
	4.
	Furthermore, you will be eligible for medical, dental, vision and life insurance benefits, and participation in the Company's 401(k) and Employee Stock Purchase Plans, which will be further detailed in a separate communique from Human Resources.  Also, you will be eligible for paid time off and Company paid holidays in accordance with Veracyte's established policies.  These and other policies are explained fully in the Company's benefits booklet and employee handbook.

		
	5.
	As we have discussed, for up to one year from your date of hire the Company agrees to reimburse your reasonable travel expenses from your state of residence. If you and your family relocate to the Bay Area, the Company agrees to pay reasonable relocation costs with terms to which we mutually agree in advance.

In accordance with the law, employment with the Company is at-will, and may be terminated at any time by you or the Company, with or without cause and with or without notice. However, if employment is terminated by you, the Company requests that you provide as much notice as possible.

Employment with the Company is contingent upon your signmg of, and compliance with, its At-Will Employment, Confidential Information and Invention Assignment and Arbitration Agreement. This requires, among other provisions, the assignment of patent rights to any invention made during your employment with the Company, as well as non-disclosure of Company proprietary information. There is also a requirement for resolution by binding arbitration of any dispute arising out of our employment relationship. The arbitration requirement is described in detail in the agreement, a copy of which is enclosed with this offer. Kindly send a signed copy of this agreement to Geraldine Yamaguchi (geraldine@veracyte.com) prior to your first day of employment.  You may also bring it with you your first day.

In keeping with Federal immigration law, you will be required to provide the Company documentary evidence of your identity and eligibility for employment in the United States. This documentation must be provided to the Company within three business days of your date of hire.

To accept the Company's offer, please sign and date this letter in the space provided below. This letter, together with any agreements relating to proprietary rights as described here, establishes the terms of your employment with the Company, and supersedes any prior representations or agreements including, but not limited to, any representations made during your recruitment, interviews or pre-employment negotiations, whether written or oral. This letter including, but not limited to, its at-will employment provision, may not be modified or amended except by written agreement signed by an Officer of the Company and you.

Keith, we can't wait to welcome you aboard! If you have any questions about this offer or its terms, please feel free to contact me directly at 650-243-6302 or Andy Danforth at 650-243-6347.

	
		
	Warmest regards,

	/s/ Bonnie Anderson

	Bonnie Anderson

	President and Chief Executive Officer

	 
	 

	Agreed and accepted:
	 

	Signature:
	/s/ Keith Kennedy

	Printed Name:
	Keith Kennedy

	Date:
	11-17-2016

Enclosures: Duplicate Original letter, At-Will Employment, Confidential Information, Invention Assignment and Arbitration Agreement, Change in Control and Severance AgreementExhibit

Exhibit 4.4

SECOND SUPPLEMENTAL INDENTURE

Second Supplemental Indenture (this “Supplemental Indenture”), dated as of May 11, 
2017, among Skip Hop Holdings, Inc., a Delaware corporation (“Skip Hop Holdings”), Skip
Hop, Inc., a New York corporation (together with Skip Hop Holdings, the “Guaranteeing
Subsidiaries”), a subsidiary of The William Carter Company, a Massachusetts corporation (the
“Company”), and Wells Fargo Bank, National Association, a national banking association, as
trustee (the “Trustee”).

W I T N E S S E T H

WHEREAS, the Company and the initial Guarantors have heretofore executed and
delivered to the Trustee an Indenture (the “Indenture”), dated as of August 12, 2013, providing
for the issuance of an unlimited aggregate principal amount of 5.250% Senior Notes due 2021
(the “Notes”), of which $400,000,000 were initially issued on the Issue Date;

WHEREAS, pursuant to Section 9.01 of the Indenture, a Person may be joined as a
“Guarantor” under the Indenture upon execution and delivery by such Person and the Trustee of
a supplemental indenture to the Indenture;

WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing
Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which
each of the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Company’s
Obligations under the Notes and the Indenture on the terms and conditions set forth herein and
under the Indenture (the “Guarantee”);

WHEREAS, solely for purposes of determining withholding Taxes imposed under the
Foreign Account Tax Compliance Account (“FATCA”), the Trustee shall treat the Notes as
qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section
1.1471-2(b)(2)(i);

WHEREAS, each party hereto has duly authorized the execution and delivery of this
Supplemental Indenture and has done all things necessary to make this Supplemental Indenture a
valid agreement in accordance with its terms; and

WHEREAS, pursuant to Sections 9.01 and 9.06 of the Indenture, the Trustee is
authorized to execute and deliver this Supplemental Indenture.

NOW THEREFORE, in consideration of the foregoing, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
mutually covenant and agree for the equal and ratable benefit of the Holders as follows:

(1) Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to such terms in the Indenture.

(2) Agreement to Guarantee. Each of the Guaranteeing Subsidiaries hereby agrees to
provide an unconditional Guarantee on the terms and subject to the conditions set forth in the
Indenture, including, but not limited to, Article X thereof.

(3) No Recourse Against Others. No past, present, or future director, officer, employee,
member, manager, partner, incorporator, or stockholder of the Company or any Guarantor, or
any parent companies or subsidiaries of the Company and the Guarantors (other than the
Company and the Guarantors) shall have any liability for any obligations of the Company or the
Guarantors under the Notes, the Indenture, this Supplemental Indenture, the Guarantees or for
any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder

of Notes, by accepting a Note, waives and releases all such liability. The waiver and release are
part of the consideration for issuance of the Notes.

(4) Governing Law. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK.

(5) Counterparts. The parties hereto may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement. This Supplemental Indenture may be executed in multiple counterparts, which, when
taken together, shall constitute one instrument. The exchange of copies of this Supplemental
Indenture and of signature pages by facsimile or PDF transmission shall constitute effective
execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in
lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto
transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.

(6) Effect of Headings. The Section headings herein are for convenience only and shall
not affect the construction hereof.

(7) The Trustee. The Trustee accepts the amendments of the Indenture effected by this
Supplemental Indenture, but on the terms and conditions set forth in the Indenture, including the
terms and provisions defining and limiting the liabilities and responsibilities of the Trustee.
Without limiting the generality of the foregoing, the Trustee shall not be responsible in any
manner whatsoever for or with respect to any of the recitals or statements contained herein, all of
which recitals or statements are made solely by the Company, or for or with respect to (i) the
validity or sufficiency of this Supplemental Indenture or any of the terms or provisions hereof,
(ii) the proper authorization hereof by the Company by action or otherwise, (iii) the due
execution hereof by the Company or (iv) the consequences of any amendment herein provided
for, and the Trustee makes no representation with respect to any such matters.

(8) Successors. All agreements of each of the Guaranteeing Subsidiaries in this
Supplemental Indenture shall bind its respective Successors, except as otherwise provided in this
Supplemental Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind
its successors.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}]]