Document:

Exhibit

ALLISON TRANSMISSION HOLDINGS, INC.

Fourth Amended and Restated
Non-Employee Director Compensation Policy

1.General.  This Fourth Amended and Restated Non-Employee Director Compensation Policy (the “Policy”) as set forth herein, amends and restates that certain Third Amended and Restated Non-Employee Director Compensation Policy, previously adopted by the Compensation Committee of the Board of Directors (the “Board”) of Allison Transmission Holdings, Inc. (the “Company”) and shall be effective as of December 10, 2018.  Capitalized but undefined terms used herein shall have the meanings provided for in the Allison Transmission Holdings, Inc. 2015 Equity Incentive Award Plan (the “Plan”).  
2.    Annual Retainer and Other Fees.  Each member of the Board who is not employed by the Company or one of its subsidiaries (a “Non-Employee Director”) shall be entitled to an annual retainer and other fee(s) as follows: 
a.    The annual retainer fee for service on the Board shall be $75,000 (such amount shall also be referred to as, the “Annual Retainer”), with the Annual Retainer payable at the Non-Employee Director’s election either 100% in fully vested Common Stock granted under the Plan (valued based on the Fair Market Value of the Common Stock on the date of grant), 100% in cash, or 50% in fully vested Common Stock granted under the Plan and 50% in cash (if no election is made, the Annual Retainer will be paid 100% in cash); 
b.    The annual retainer fee for service as Chair of the Audit Committee shall be an additional $20,000, payable in cash (the “Audit Chair Fee”); 
c.    The annual retainer fee for service as Chair of the Compensation Committee shall be an additional $15,000, payable in cash (the “Compensation Chair Fee”);
d.    The annual retainer fee for service as a Chair of a committee of the Board (other than the Audit or the Compensation Committee) shall be an additional $10,000, payable in cash (the “Other Chair Fee”);
e.    The annual retainer fee for service as a Non-Employee Director on the Audit Committee shall be an additional $10,000, payable in cash (the “Audit Committee Service Fee”);
f.    The annual retainer fee for service as a Non-Employee Director on the Compensation Committee shall be an additional $7,500, payable in cash (the “Compensation Committee Service Fee”);
g.    The annual retainer fee for service as a Non-Employee Director on a committee of the Board other than the Audit or Compensation Committee shall be an additional $5,000, payable in cash (the “Other Committee Service Fee”); and
h.    The Board leadership fee for service as the Non-Executive Chairman of the Board shall be an additional $50,000, payable in cash (the “Non-Executive Chairman Fee”); and
i.    The Board leadership fee for service as the Lead Director of the Board shall be an additional $50,000 (the “Lead Director Fee,” and together with the fees in clauses (b) through (h), the “Other Fees”).
In no event shall a Non-Employee Director receive a fee pursuant to clause (e), (f)  or (g) with respect to a committee that the Non-Employee Director serves as its Chair for the applicable year.    
3.    Timing of Payment of Annual Retainer and Other Fees.  The Annual Retainer and Other Fees payable hereunder are intended to cover service from one regular annual stockholders meeting to the next and, unless a deferral election is made as provided below, the Annual Retainer and Other Fees shall be paid quarterly in arrears in equal installments following the date of the Company’s annual stockholders meeting, without any requirement of additional Board action in connection therewith.  The Annual Retainer and Other Fees shall be subject to the Non-Employee Director’s continued service on the Board on each applicable payment date. 
4.    Annual Equity Award.  Each Non-Employee Director shall be entitled to an annual grant of Restricted Stock Units under the Plan covering shares of Common Stock with a grant date Fair Market Value of $120,000 (the “Annual Equity Award”).  The Annual Equity Award shall be granted as of the next business day after the date of the Company’s annual stockholders meeting, without any requirement of additional Board action in connection therewith, and will vest on the first to occur of (A) date of the Company’s next regular annual stockholders meeting in the year following the year of grant, (B) the date of the Non-Employee Director’s Separation from Service due to death or Disability, or (C) the date of a Change in Control, subject to continued service as a Non-Employee Director through the applicable vesting date.  Any Annual Equity Award that does not vest on or prior to the date of the Non-Employee Director’s Separation from Service shall be immediately forfeited.  The Restricted Stock Units shall be granted pursuant and subject to the terms set forth in the written agreement previously approved by the Board and duly executed by an executive officer of the Company.  Unless a deferral election is made as provided below, the Restricted Stock Units will be distributed in actual shares of Common Stock, or, at the Company’s election, cash, in either case promptly (within 30 days) upon vesting.     
5.    Deferral Elections.  A Non-Employee Director may elect to receive deferred stock units (“Deferred Stock”) in lieu of (a) some or all of the fully vested stock awards constituting his or her Annual Retainer, (b) all of the cash constituting his or her Other Fees and (iii) some or all of the Restricted Stock Units constituting his or her Annual Equity Award.  Any such Deferred Stock that relates to an Annual Equity Award shall be subject to the same vesting provisions as described in Section 4 above and will be immediately forfeited to the extent the Deferred Stock does not vest in accordance with such provisions.  If the Non-Employee Director elects to receive Deferred Stock, the units will be credited to a bookkeeping account under the Company’s Non-Employee Director Deferred Compensation Plan, where each unit will be equivalent in value to one share of Common Stock, and the units will be distributed in actual shares of Common Stock, or at the Company’s election, cash, at the earlier of the Non-Employee Director’s Separation from Service on the Board or a Change in Control, as described more fully in and in each case subject to the terms and conditions of the Company’s Non-Employee Director Deferred Compensation Plan (the “Director Deferred Compensation Plan”).  All deferral elections must be made in accordance with and are subject to the terms and conditions of the Director Deferred Compensation Plan.  As used in this paragraph and in paragraph 5(i), the terms “Separation from Service” and “Change in Control” shall have meanings assigned to them in the Director Deferred Compensation Plan.  
6.    Directors Commencing Service After the Annual Stockholders Meeting; Partial Year Roles.  If a Non-Employee Director commences service on the Board after the date of the Company’s regular annual stockholders meeting, the Non-Employee Director will receive a pro-rated portion the Annual Retainer, Other Fees, as applicable, and the Annual Equity Grant (based on the numbers of whole months elapsed since the most recent regular annual stockholders meeting).   If a Non-Employee Director commences service on a committee of the Board, as the Non-Executive Chairman or as the Lead Director the Board in the middle of a service period, the Board may pro-rate any Other Fees otherwise payable with respect to such service and the payment date shall be within thirty days of such appointment, subject to any deferral elections. 
7.    Effect of Other Plan Provisions.  All of the provisions of the Plan shall apply to the Awards granted automatically pursuant to this Policy, except to the extent such provisions are inconsistent with this Policy.
8.    Policy Subject to Amendment, Modification and Termination.  This Policy may be amended, modified or terminated by the Board or Compensation Committee in the future at its sole discretion.  Without limiting the generality of the foregoing, the Board or Compensation Committee hereby expressly reserves the authority to terminate this Policy during any year up and until the election of directors at a given annual meeting of stockholders.
*     *     *     *     *goro_Ex-1012

		
			Exhibit 10.12
		

		
			 
		

		
			SECOND AMENDMENT TO OFFICE LEASE
		

		
			THIS SECOND AMENDMENT TO OFFICE LEASE (this “Amendment”) is entered into effective as of January 24, 2019 (the “Effective Date”), by and between LINCOLN ASB COLORADO CENTER, LLC, a Delaware limited liability company (“Landlord”) and GOLD RESOURCE CORPORATION, a Colorado corporation, (“Tenant”).
		

		
			R E C I T A L S:
		

		
			A.           On or about November 15, 2012 Landlord and Tenant, entered into that certain written Office Lease Agreement as amended by that certain Amendment to Office Lease dated as of August 26, 2015 (collectively, the “Lease”), for that certain space containing approximately 2,502 rentable square feet (“RSF”) known as Suite 1-10200 (the “Premises”), located on tenth (10th) floor in the building commonly known as Colorado Center Tower One, located at 2000 South Colorado Boulevard, Denver, Colorado 80222 (the “Building”).  
		

		
			B.           Landlord and Tenant desire to amend the Lease in the manner and form hereinafter set forth.
		

		
			C.           Any capitalized term used, but not defined in this Amendment shall have the meaning ascribed thereto in the Lease.
		

		
			NOW, THEREFORE, in consideration of the mutual covenants and agreements set out in this Amendment and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
		

		
			1.            Extension of Term.  The Term of the Lease shall be extended for a period of thirty-six (36) months, commencing on March 1, 2019 (the “Extension Commencement Date”) and expiring at 11:59 p.m. on February 28, 2022 (the “Extension Term”) and shall be on all the terms and conditions of the Lease except as otherwise expressly provided herein.  
		

		
			2.            Minimum Monthly Rent.  Until the Extension Commencement Date, Tenant shall continue to pay the Minimum Monthly Rent for the Premises, monthly in the manner set forth in the Lease, without regard to this Amendment until the Extension Commencement Date.  Commencing on the Extension Commencement Date and continuing throughout the Extension Term, Tenant shall pay Minimum Monthly Rent for the Premises, monthly in the manner set forth in the Lease, as follows:
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Period

					
					
						 

					
					
						Rate Per RSF

					
					
						 

					
					
						Minimum Monthly Rent

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						3/1/19 – 2/29/20

					
					
						 

					
					
						$ 30.00

					
					
						 

					
					
						$ 6,255.00

				
	
					
						3/1/20 – 2/28/21

					
					
						 

					
					
						$ 30.90

					
					
						 

					
					
						$ 6,442.65

				
	
					
						3/1/21 – 2/28/22

					
					
						 

					
					
						$ 31.83

					
					
						 

					
					
						$ 6,636.56

				

		
			 
		

		
			3.            Operating Cost Rent.  Until the Extension Commencement Date, Tenant shall continue to pay Operating Cost Rent for the Premises, monthly in the manner set forth in the Lease, without regard to this Amendment.  Commencing on the Extension Commencement Date and continuing throughout the Extension Term, Tenant shall pay Operating Cost Rent for the Premises in accordance with the Lease as amended by this Amendment.
		

		
			4.            Parking.  Commencing on the Extension Commencement Date and continuing throughout the Extension Term, Tenant shall continue to have the Parking Privileges as set forth in the Lease.  
		

		
			
		

		
			

		 

		

			1

		

		

			US.121482512.01

		

 

		

		
			5.            Condition of Premises.  Other than as expressly set forth herein, Landlord shall have no obligation for the completion or remodeling of the Premises and Tenant shall accept the same in their “as is” condition on the Extension Commencement Date.  Notwithstanding the foregoing, Landlord agrees as its only obligation hereunder to, at its sole cost and expenses using Building Standard (as hereinafter defined) materials and quantities: (a) install new carpet in the carpeted portions of the Premises; and (b) repaint the painted portions of the Premises (collectively, the “Work”).  Tenant acknowledges that because Landlord will perform the Work in and about the Premises that interruption and interference with Tenant’s business will likely occur.  Landlord will use commercially reasonable efforts to attempt to minimize the interferences with Tenant’s business during the performance the Work.  Tenant waives any and all claims against Landlord for any interruption and interference with Tenant’s business during Landlord’s performance of the Work including, but not limited to any claims of constructive eviction or any other loss of use or business.  “Building Standard” as used herein shall mean building standard tenant finish items and materials which Landlord normally provides to tenants.  
		

		
			6.            Brokers.  Tenant hereby warrants and represents that there were no brokers or agents involved in the transaction which resulted in this Amendment other than other than Lincoln Property Company Commercial, Inc. Services which acted as Landlord’s agent.  Tenant shall indemnify Landlord against any expense incurred by Landlord as a result of any claim for brokerage or other commissions made by any broker, finder, or agent, whether or not meritorious, employed by Tenant or claiming by, through, or under Tenant.
		

		
			7.            Other Terms.  If there is any conflict between the terms and provisions of this Amendment and the terms and provisions of the Lease, the terms and provisions of this Amendment shall govern.  Except as herein specifically set forth, all other provisions of the Lease shall remain in full force and effect and be binding upon the parties in accordance with their terms.
		

		
			8.            Time of Essence.  Time is of the essence herein unless waived by Landlord (which it shall have the right, but not the obligation, to do so) this Amendment is contingent upon execution and delivery by Tenant to Landlord no later than 5:00 p.m., _________________, 2019.
		

		
			9.            Counterparts.  This Amendment may be executed in multiple counterparts, each of which shall be deemed an original and all of which when taken together, shall constitute a whole.  It shall be fully executed when each party whose signature is required has signed at least one counterpart notwithstanding that all parties have not executed the same counterpart.  The parties agree that signatures transmitted by facsimile shall be binding as if they were original signatures.
		

		
			[Remainder of Page Intentionally Left Blank]
		

		
			 
		

		
			
		

		
			

		 

		

			2

		

		

			US.121482512.01

		

 

		

		
			IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						LANDLORD:

					
					
						LINCOLN ASB COLORADO CENTER, LLC,

				
	
					
						 

					
					
						a Delaware limited liability company

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						Lincoln - Colorado Center LLC, 

				
	
					
						 

					
					
						 

					
					
						its managing member

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						Lincoln Non-Member Manager, Inc., 

				
	
					
						 

					
					
						 

					
					
						its manager

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Scott Caldwell

				
	
					
						 

					
					
						Name:

					
					
						Scott Caldwell

				
	
					
						 

					
					
						Title: 

					
					
						Senior Vice President

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						TENANT:

					
					
						GOLD RESOURCE CORPORATION, 

				
	
					
						 

					
					
						a Colorado corporation, 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By: 

					
					
						/s/ John Labate

				
	
					
						 

					
					
						Name: 

					
					
						John Labate

				
	
					
						 

					
					
						Its: 

					
					
						Chief Financial Officer

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						ATTEST:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By: 

					
					
						/s/ Jessica Browne

				
	
					
						 

					
					
						Name: 

					
					
						Jessica Browne

				
	
					
						 

					
					
						Its: 

					
					
						Vice President, General Counsel and Secretary

				

		
			 
		

		 

		

			3

		

		

			US.121482512.01

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}]]