Document:

Exhibit 10.1

 

FORM OF

 

PUBLIC COMPANY EQUITY UNIT AWARD AGREEMENT
 OF
 KKR & CO. L.P.

 

(Directors)

 

 

Table of Contents

 

	
Contents
    	
 
    	
Page
    
	
 
    	
 
    	
 
    
	
ARTICLE I GRANT OF PUBLIC COMPANY EQUITY UNITS
    	
 
    	
1
    
	
 
    	
 
    	
 
    
	
Section 1.1.     Grant of Public Company Equity Units
    	
 
    	
1
    
	
Section 1.2.     REUs and Agreement Subject to Plan; Administrator
    	
 
    	
1
    
	
 
    	
 
    	
 
    
	
ARTICLE II VESTING AND SETTLEMENT OF REUS
    	
 
    	
1
    
	
 
    	
 
    	
 
    
	
Section 2.1.     Vesting of REUs
    	
 
    	
1
    
	
Section 2.2.     Settlement of REUs
    	
 
    	
2
    
	
Section 2.3.   No   Distribution Payments
    	
 
    	
3
    
	
 
    	
 
    	
 
    
	
ARTICLE III RESTRICTIONS ON TRANSFERS
    	
 
    	
3
    
	
 
    	
 
    	
 
    
	
Section 3.1.     Transfers of REUs
    	
 
    	
3
    
	
 
    	
 
    	
 
    
	
ARTICLE IV MISCELLANEOUS
    	
 
    	
3
    
	
 
    	
 
    	
 
    
	
Section 4.1.     Governing Law
    	
 
    	
3
    
	
Section 4.2.     Arbitration
    	
 
    	
3
    
	
Section 4.3.     Remedies; Recoupment; Right to Set-Off
    	
 
    	
5
    
	
Section 4.4.     Amendments and Waivers
    	
 
    	
5
    
	
Section 4.5.     Withholding
    	
 
    	
5
    
	
Section 4.6.     Notices
    	
 
    	
6
    
	
Section 4.7.     Entire Agreement; Termination of Agreement; Survival
    	
 
    	
6
    
	
Section 4.8.     Severability
    	
 
    	
6
    
	
Section 4.9.     Binding Effect
    	
 
    	
7
    
	
Section 4.10.     Further Assurances
    	
 
    	
7
    
	
Section 4.11.     Interpretation; Defined Terms; Section 409A; Service with Designated   Service Recipient
    	
 
    	
7
    
	
Section 4.12.     Headings
    	
 
    	
8
    
	
Section 4.13.     Counterparts
    	
 
    	
8
    
	
 
    	
 
    	
 
    
	
APPENDIX A DEFINITIONS
    	
 
    	
A-1
    
	
 
    	
 
    	
 
    
	
APPENDIX   B REU GRANT CERTIFICATE
    	
 
    	
B-1
    

 

i

 

PUBLIC COMPANY EQUITY UNIT AWARD AGREEMENT
 OF
 KKR & CO L.P.

 

This PUBLIC COMPANY EQUITY UNIT AWARD AGREEMENT (this “Agreement”) of KKR & CO L.P. (the “Partnership”) is made by and between the Partnership and the undersigned (the “Grantee”), who provides services to KKR Management LLC, as the general partner of the Partnership.  Capitalized terms used herein and not otherwise defined herein or in the KKR & Co. L.P. 2010 Equity Incentive Plan, as amended from time to time (the “Plan”), shall be as defined in Appendix A attached hereto.

 

RECITALS

 

WHEREAS, the general partner of the Partnership has determined it is in the best interests of the Partnership to provide the Grantee with this Agreement pursuant to and in accordance with the terms of the Plan.

 

NOW, THEREFORE, in consideration of the mutual promises and agreements herein made and intending to be legally bound hereby, the parties hereto agree to the following:

 

ARTICLE I
 GRANT OF PUBLIC COMPANY EQUITY UNITS

 

Section 1.1.   Grant of Public Company Equity Units

 

The Partnership hereby grants to the Grantee, effective as of the Grant Date specified on the REU Grant Certificate attached hereto as Appendix B (the “Grant Date”), the number of “public company equity units”, which are restricted equity units set forth in the REU Grant Certificate attached hereto, subject to the terms and conditions of this Agreement. Each restricted equity unit that is granted pursuant to this Agreement represents the right to receive delivery of one Common Unit, subject to any adjustment pursuant to Section 9 of the Plan (each such restricted equity unit, an “REU”).

 

Section 1.2.   REUs and Agreement Subject to Plan; Administrator

 

This Agreement and the grant of REUs provided for herein shall be subject to the provisions of the Plan, except that if there are any express differences or inconsistencies between the provisions of the Plan and this Agreement, the provisions of this Agreement shall govern.

 

ARTICLE II
 VESTING AND SETTLEMENT OF REUS

 

Section 2.1.   Vesting of REUs

 

(a)                                  The following vesting provisions shall apply to the REUs:

 

(i)                                     Subject to the Grantee’s continued service as a director of the general partner of the Partnership (“Service”) through the Service Vesting Date or Service Vesting Dates, as applicable, as specified in the REU Grant

 

1

 

Certificate attached hereto, the REUs shall become vested on such date or dates, as applicable, as to the percentage(s) set forth in such REU Grant Certificate.

 

(ii)                                  If, prior to the date the REUs are vested as provided in Section 2.1(a)(i) above or otherwise terminate pursuant to Section 2.1(b) below, the Grantee dies or experiences a Disability, then all unvested REUs shall be vested as a result thereof.

 

(iii)                               All REUs that become vested under this Section 2.1(a) are eligible to be Settled pursuant to Section 2.2 of this Agreement.

 

(b)                                 If the Grantee’s Service terminates for any reason other than due to the Grantee’s death or Disability as provided for in Section 2.1(a) above, all then unvested REUs shall immediately terminate and be forfeited without consideration, and no Common Units shall be delivered hereunder.

 

Section 2.2.   Settlement of REUs

 

(a)                                  To the extent that (i) an REU granted hereunder becomes vested pursuant to Section 2.1(a) above and (ii) the related Service Vesting Date has also occurred, then with respect to such percentage of REUs set forth next to the applicable Service Vesting Date on the REU Grant Certificate, such REU shall be Settled as soon as administratively practicable on or following the applicable Service Vesting Date for such REU; provided that the Administrator may determine that such Settlement may instead occur on or as soon as administratively practicable after the first day of the next permissible trading window of Common Units that opens for members of the Board and employees of the KKR Group to sell Common Units (provided that in any event such Settlement shall not be later than the time permitted under Section 409A, if applicable).  For the avoidance of doubt, the Settlement of any REUs that become vested pursuant to Section 2.1(a)(ii) above shall not be accelerated, such that, with respect to any such REUs, only that percentage of such REUs that would otherwise have become vested on each applicable Service Vesting Date as set forth on the REU Grant Certificate pursuant to Section 2.1(a)(i) shall be Settled at each such Service Vesting Date in accordance with the foregoing sentence. The date on which any REU is to be Settled hereunder is referred to as a “Delivery Date.”  The Settlement of each REU shall be effected in accordance with, and subject to the provisions of, Section 2.2(b) below. 

 

(b)                                 On any Delivery Date, each vested REU that is then being Settled shall be cancelled in exchange for the Partnership delivering, or causing to be delivered by the Designated Service Recipient, to the Grantee either (i) the number of Common Units equal to the number of REUs that are to be Settled on such Delivery Date pursuant to Section 2.2(a) above or (ii) an amount of cash, denominated in U.S. dollars, equal to the Fair Market Value of the foregoing number of Common Units (a “Cash Payment”). The Administrator may elect in its sole discretion whether to Settle the REUs in Common Units or by a Cash Payment.

 

2

 

(c)                                  Subject to the provisions of this Article II relating to the number of REUs that are to be Settled on any applicable Delivery Date and solely to the extent permitted under Section 409A, if applicable, the Partnership may impose such other conditions and procedures in relation to the Settlement of REUs as it may reasonably determine.

 

(d)                                 Any of the foregoing payments or deliveries shall in all instances be subject to Sections 4.3 and 4.5 below, as applicable.

 

Section 2.3.     No Distribution Payments

 

The REUs granted to the Grantee hereunder do not include the right to receive any distribution payments.

 

ARTICLE III
 RESTRICTIONS ON TRANSFERS

 

Section 3.1.   Transfers of REUs

 

(a)                                  The Grantee may not Transfer all or any portion of the Grantee’s REUs (including to any Family Related Holder) without the prior written consent of the Administrator, which consent may be given or withheld, or made subject to such conditions (including the receipt of such legal or tax opinions and other documents that the Partnership may require) as are determined by the Administrator, in its sole discretion.  Prior to a Transfer of any REUs to any Other Holder, the Other Holder must consent in writing to be bound by this Agreement as an Other Holder and deliver such consent to the Administrator.  Any purported Transfer that is not in accordance with this Agreement shall be null and void.

 

(b)                                 In the event of a property settlement or separation agreement between the Grantee and his or her spouse, the Grantee agrees that he or she shall use reasonable efforts to retain all of his or her REUs and shall reimburse his or her spouse for any interest he or she may have under this Agreement out of funds, assets or proceeds separate and distinct from his or her interest under this Agreement.

 

ARTICLE IV
 MISCELLANEOUS

 

Section 4.1.   Governing Law

 

This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York without giving effect to any otherwise governing principles of conflicts of law that would apply the Laws of another jurisdiction.

 

Section 4.2.   Arbitration

 

(a)                                  Any and all disputes which cannot be settled amicably, including any ancillary claims of any party, arising out of, relating to or in connection with the validity, negotiation, execution, interpretation, performance or non-performance of this Agreement (including the validity, scope and enforceability of this arbitration

 

3

 

provision) shall be finally settled by arbitration conducted by a single arbitrator in New York, New York in accordance with the then-existing Rules of Arbitration of the International Chamber of Commerce.  If the parties to the dispute fail to agree on the selection of an arbitrator within 30 days of the receipt of the request for arbitration, the International Chamber of Commerce shall make the appointment.  The arbitrator shall be a lawyer and shall conduct the proceedings in the English language. Performance under this Agreement shall continue if reasonably possible during any arbitration proceedings.  Except as required by Law or as may be reasonably required in connection with ancillary judicial proceedings to compel arbitration, to obtain temporary or preliminary judicial relief in aid of arbitration, or to confirm or challenge an arbitration award, the arbitration proceedings, including any hearings, shall be confidential, and the parties shall not disclose any awards, any materials in the proceedings created for the purpose of the arbitration, or any documents produced by another party in the proceedings not otherwise in the public domain. Judgment on any award rendered by an arbitration tribunal may be entered in any court having jurisdiction thereover.

 

(b)                                 Notwithstanding the provisions of Section 4.2(a), the Partnership or its general partner, as applicable, may bring an action or special proceeding in any court of competent jurisdiction for the purpose of compelling the Grantee to arbitrate, seeking temporary or preliminary relief in aid of an arbitration hereunder, or enforcing an arbitration award and, for the purposes of this clause (b), the Grantee (i) expressly consents to the application of Section 4.2(c) below to any such action or proceeding, (ii) agrees that proof shall not be required that monetary damages for breach of the provisions of this Agreement would be difficult to calculate and that remedies at law would be inadequate, and (iii) irrevocably appoints the Secretary or General Counsel of the Partnership (or any officer of the Partnership) at the address identified for the Partnership as set forth in Section 4.6 below as such Grantee’s agent for service of process in connection with any such action or proceeding and agrees that service of process upon such agent, who shall promptly advise such Grantee of any such service of process, shall be deemed in every respect effective service of process upon the Grantee in any such action or proceeding.

 

(c)                                  EACH PARTY HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF THE FEDERAL AND STATE COURTS LOCATED IN NEW YORK, NEW YORK FOR THE PURPOSE OF ANY JUDICIAL PROCEEDING BROUGHT IN ACCORDANCE WITH THE PROVISIONS OF THIS SECTION 4.2, OR ANY JUDICIAL PROCEEDING ANCILLARY TO AN ARBITRATION OR CONTEMPLATED ARBITRATION ARISING OUT OF OR RELATING TO OR CONCERNING THIS AGREEMENT.  Such ancillary judicial proceedings include any suit, action or proceeding to compel arbitration, to obtain temporary or preliminary judicial relief in aid of arbitration, or to confirm or challenge an arbitration award.  The parties acknowledge that the forums designated by this clause (c) have a reasonable relation to this Agreement and to the parties’ relationship with one another. The parties hereby waive, to the fullest extent permitted by applicable Law, any objection which they now or hereafter may have to personal jurisdiction or to the laying of venue of any such ancillary suit, action or proceeding referred to in this Section 4.2 brought in any court referenced therein and such parties agree not to plead or claim the same.

 

4

 

Section 4.3.   Remedies; Recoupment; Right to Set-Off

 

(a)                                  The rights and remedies provided by this Agreement are cumulative and the use of any one right or remedy by any party shall not preclude or waive its right to use any or all other remedies.  Said rights and remedies are given in addition to any other rights the parties may have by Law or under the terms of any other applicable agreement.

 

(b)                                 To the extent required or advisable, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act and any rules promulgated thereunder and any other similar Laws, the Administrator may specify in any other document or a policy to be incorporated into this Agreement by reference, that the Grantee’s rights, payments, and benefits with respect to REUs awarded hereunder and/or Common Units delivered to the Grantee in respect of REUs awarded hereunder shall be subject to reduction, cancellation, forfeiture or recoupment.

 

(c)                                  The Administrator may set-off any amounts due under this Agreement or otherwise against any amounts which may be owed to the Partnership or its Affiliates by the Grantee under this Agreement, any other relationship or otherwise.

 

Section 4.4.   Amendments and Waivers

 

(a)                                  This Agreement (including the Definitions contained in Appendix A attached hereto, the REU Grant Certificate attached as Appendix B hereto, and any other provisions as may be required to be appended to this Agreement under applicable local Law) may be amended, supplemented, waived or modified only in accordance with Section 4(c) of the Plan or Section 13 of the Plan, as applicable, or as may be required for purposes of compliance or enforceability with applicable local Law; provided, however, that the REU Grant Certificate shall be deemed amended from time to time to reflect any adjustments provided for under the Plan.

 

(b)                                 No failure or delay by any party in exercising any right, power or privilege hereunder (other than a failure or delay beyond a period of time specified herein) shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.

 

Section 4.5.   Withholding

 

Notwithstanding anything herein to the contrary, if applicable, the Partnership may require payment of any amount it may determine to be necessary to withhold for any applicable federal, state, local or other taxes in connection with any vesting, payments or deliveries made to the Grantee under this Agreement, including, without limitation, pursuant to Article II herein. Unless otherwise determined by the Administrator, to the extent that such withholding arises in connection with the vesting or Settlement of any REUs through (i) the delivery of Common Units, such withholding payments may, as determined by the Administrator, be funded by reducing the number of Common Units otherwise deliverable to the Grantee upon Settlement by an amount of Common Units having an aggregate Fair Market Value equal to the amount of taxes that are then due or (ii) the payment of a Cash Payment due to the Grantee upon

 

5

 

Settlement, such withholding payments shall be funded by the withholding of the amount of taxes that are then due from such Cash Payment.

 

Section 4.6.   Notices

 

All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person, by courier service, by fax or by registered or certified mail (postage prepaid, return receipt requested) to the respective parties at the following addresses (or with respect to subsections (a) and (b), at such other address for a party as shall be specified for purposes of notice given in accordance with this Section 4.6):

 

(a)                                  If to the Partnership, to:

 

KKR & Co. L.P. 
 9 West 57th Street, Suite 4200
 New York, New York 10019 
 Attention: Chief Financial Officer

 

(b)                                 If to the Grantee, to the most recent address for the Grantee in the books and records of the Partnership or its general partner.

 

Section 4.7.   Entire Agreement; Termination of Agreement; Survival

 

(a)                                  This Agreement constitutes the entire agreement among the parties hereto pertaining to the subject matter hereof and supersedes all prior agreements and understandings, whether oral or written, pertaining thereto. The Grantee acknowledges that the grant of REUs provided for under this Agreement is in full satisfaction of any and all grants of equity or equity-based awards that representatives of the Partnership or its Affiliates, on or prior to the date hereof, may have informed the Grantee that such Grantee is entitled to receive.

 

(b)                                 This Agreement shall terminate when the Grantee and all Other Holders cease to hold any of the REUs that have been granted hereunder. Notwithstanding anything to the contrary herein, this Article V shall survive any termination of this Agreement.

 

Section 4.8.   Severability

 

If any term or other provision of this Agreement is held to be invalid, illegal or incapable of being enforced by any rule of Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions is not affected in any manner materially adverse to any party.  Upon a determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible.

 

6

 

Section 4.9.   Binding Effect

 

This Agreement shall be binding upon and inure to the benefit of all of the parties and, to the extent permitted by this Agreement, their successors, executors, administrators, heirs, legal representatives and assigns.

 

Section 4.10.   Further Assurances

 

The Grantee shall perform all other acts and execute and deliver all other documents as may be necessary or appropriate to carry out the purposes and intent of this Agreement.

 

Section 4.11.   Interpretation; Defined Terms; Section 409A; Service with Designated Service Recipient

 

(a)                                  Throughout this Agreement, nouns, pronouns and verbs shall be construed as masculine, feminine, neuter, singular or plural, whichever shall be applicable.  Unless otherwise specified, all references herein to “Articles,” “Sections” and clauses shall refer to corresponding provisions of this Agreement.  The word “including” is not meant to be exclusive, but rather shall mean “including without limitation” wherever used in this Agreement.   Reference to “hereto”, “herein” and similar words is to this entire Agreement (including any Appendices) and not a particular sentence or section of this Agreement. All references to “date” and “time” shall mean the applicable date (other than a Saturday or Sunday or any day on which the Federal Reserve Bank of New York is closed or any day on which banks in the city of New York, New York are required to close, in which case such date refers to the next occurring date that is not described in this parenthetical) or time in New York, New York.

 

(b)                                 All references to any “separation from service” or termination of the Services provided by the Grantee shall be deemed to refer to a “separation from service” within the meaning of Section 409A, if applicable.  Notwithstanding anything herein to the contrary, (i) if at the time of the Grantee’s termination of Service the Grantee is a “specified employee” as defined in Section 409A of the Code and the deferral of the commencement of any payments or delivery of Common Units otherwise payable or provided hereunder as a result of such termination of Service is necessary in order to prevent any accelerated or additional tax under Section 409A, then the Partnership will defer the commencement of the payment of any such payments or delivery hereunder (without any reduction in such payments or delivery of Common Units ultimately paid or provided to the Grantee) until the date that is six months following the Grantee’s termination of Service (or the earliest date as is permitted under Section 409A) and (ii) if any other payments or other deliveries due to the Grantee hereunder could cause the application of an accelerated or additional tax under Section 409A, such payments or other deliveries shall be deferred if deferral will make such payment or other delivery compliant under Section 409A, or otherwise such payment or other delivery shall be restructured, to the extent possible, in a manner, determined by the Administrator, that does not cause such an accelerated or additional tax.  The Partnership shall use commercially reasonable efforts to implement the provisions of this Section 4.11(b) in good faith; provided that none of the Partnership, the General Partner, the Administrator nor any of the

 

7

 

Partnership’s or its affiliates’ employees, directors or representatives shall have any liability to the Grantee with respect to this Section 4.11(b).

 

(c)                                  For the avoidance of doubt, any references to the Service of the Grantee in this Agreement refer solely to the Service of the Grantee to the general partner of the Partnership.  The grant of REUs under this Agreement in no way implies any employment relationship with the General Partner, the Partnership or with any of its affiliates.

 

Section 4.12.   Headings

 

The headings and subheadings in this Agreement are included for convenience and identification only and are in no way intended to describe, interpret, define or limit the scope, extent or intent of this Agreement or any provision hereof.

 

Section 4.13.   Counterparts

 

This Agreement may be executed and delivered (including by facsimile transmission) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed and delivered shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.  Copies of executed counterparts transmitted by telecopy or other electronic transmission service shall be considered original executed counterparts for purposes of this Agreement.

 

[Rest of page intentionally left blank]

 

8

 

IN WITNESS WHEREOF, the Partnership has executed this Agreement as of the date specified under the signature of the Grantee.

 

	
KKR &   CO. L.P.
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
KKR MANAGEMENT LLC,
    	
 
    	
 
    
	
 
    	
its general partner
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
 
    	
 
    	
 
    
	
 
    	
Name:
    	
 
    	
 
    
	
 
    	
Title:
    	
 
    	
 
    

 

 

IN WITNESS WHEREOF, the undersigned Grantee has caused this counterpart signature page to this Agreement to be duly executed as of the date specified under the signature of the Grantee.

 

	
GRANTEE
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
Name:
    	
 
    

 

 

APPENDIX A
 DEFINITIONS

 

In addition to the defined terms set forth in the preamble and recitals of the Agreement, as well as the defined terms set forth in the Plan, the following terms shall have the following meanings for purposes of the Agreement:

 

“Disability” means, as to any Person, such Person’s inability to perform in all material respects such Person’s duties and responsibilities to the general partner of the Partnership by reason of a physical or mental disability or infirmity which inability is reasonably expected to be permanent and has continued (i) for a period of six consecutive months or (ii) such shorter period as the Administrator may reasonably determine in good faith.

 

“Family Related Holder” means, in respect of the Grantee, any of the following: (i) such Grantee’s spouse, parents, parents-in-law, children, siblings and siblings-in-law, descendants of siblings, and grandchildren, (ii) any trust or other personal or estate planning vehicle established by such Grantee, (iii) any charitable organization established by such Grantee and (iv) any successor-in-interest to such Grantee, including but not limited to a conservator, executor or other personal representative.

 

“Law” means any statute, law, ordinance, regulation, rule, code, executive order, injunction, judgment, decree or other order issued or promulgated by any national, supranational, state, federal, provincial, local or municipal government or any administrative or regulatory body with authority therefrom with jurisdiction over the Partnership or any Participant, as the case may be.

 

“Other Holder” shall mean any Person that holds an REU, other than the Grantee.

 

“REU Grant Certificate” means the REU Grant Certificate delivered to the Grantee and attached to this Agreement, as the same may be modified pursuant to Section 4.4(a) of the Agreement.

 

“Section 409A” means Section 409A of the Code, as the same may be amended from time to time, and the applicable regulations, including temporary regulations, promulgated under such Section, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).

 

“Service Vesting Date” means, with respect to any REU, the date set forth in the REU Grant Certificate as the “Service Vesting Date.”

 

“Settle,” “Settled” or “Settlement” means the discharge of the Partnership’s obligations in respect of an REU through the delivery to the Grantee of (i) Common Units or (ii) a Cash Payment, in each case in accordance with Article II.

 

“Transfer” means with respect to any REU, any (i) sale, assignment, transfer or other disposition thereof or any interests therein or rights attached thereto, whether voluntarily or by operation of Law, or (ii) creation or placement of any mortgage, claim, lien, encumbrance, conditional sales or other title retention agreement, right of first refusal, preemptive right, pledge, option, charge, security interest or other similar interest, easement, judgment or imperfection of title of any nature whatsoever.

 

A-1

 

APPENDIX B

 

REU GRANT CERTIFICATE

 

Grantee Name:  Participant Name

 

Grant Date: Grant Date

 

Number of REUs: Number of Awards Granted

 

Service Vesting Date:          The following sets forth each applicable Service Vesting Date upon which the REUs granted hereunder shall become vested, subject to the Grantee’s continued Service through each such date:

 

	
Percentage of REUs that Become
   Vested on Applicable Service
   Vesting Date
    	
 
    	
Applicable Service Vesting Date
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    

 

Vesting and Settlement of the REUs is subject to all terms and conditions contained in the Agreement to which this REU Grant Certificate is attached.

 

B-1Exhibit 10.1

 

SECOND AMENDMENT TO LOAN AGREEMENT AND

LIMITED DURATION WAIVER

 

Dated as of August 26, 2011

 

(amending the Loan Agreement dated as of March 17, 2010)

 

by and among

 

TROPICANA LAS VEGAS, INC.,

as the Borrower,

 

THE FOOTHILL GROUP, INC.,

as a Lender,

 

and

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as the Administrative Agent for the Lenders.

 

 

SECOND AMENDMENT TO LOAN AGREEMENT AND

LIMITED DURATION WAIVER

 

THIS SECOND AMENDMENT TO LOAN AGREEMENT AND LIMITED DURATION WAIVER (this “Amendment and Waiver”) dated as of August 26, 2011, by and among TROPICANA LAS VEGAS, INC., a Nevada corporation (the “Borrower”), THE FOOTHILL GROUP, INC., in its capacity as a Lender (“Foothill”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the various lenders that are or may become a party to the Loan Agreement (as defined below) (referred to individually as a “Lender” and collectively as the “Lenders”).

 

W  I  T  N  E  S  S  E  T  H:

 

WHEREAS, the Borrower, the Lenders, Foothill, in its capacity as administrative agent for the Lenders and as lead arranger, and Wells Fargo, in its capacity as the Issuer, have heretofore entered into that certain Loan Agreement, dated as of March 17, 2010 and amended by the First Amendment to Loan Agreement, dated as of April 26, 2011 (the “Loan Agreement”);

 

WHEREAS, pursuant to that certain Successor Agent Agreement dated as of December 28, 2010, Foothill resigned from its position as Administrative Agent under the Loan Agreement and the Required Lenders appointed Wells Fargo as the successor Administrative Agent under the Loan Documents;

 

WHEREAS, clause (p) of Section 7.1.1 of the Loan Agreement requires, in part, that the Borrower deliver, on or before September 30, 2011, a detailed budget for the Property for the 2012 Fiscal Year and detailed EBITDA projections for the Property for the 2013 Fiscal Year and the Borrower has requested that such delivery date be extended to October 31, 2011;

 

WHEREAS, pursuant to that certain Lease dated June 7, 2010 (the “Mob Experience Lease”) by and among the Borrower, as landlord, Murder, Inc., LLC, a Nevada limited liability company, as tenant (“Murder, Inc.”), and Eagle Group Holdings, LLC, a Nevada limited liability company, as guarantor, the Borrower has leased certain space within the Improvements to Murder, Inc. for the operation of an exhibition related to the display of Mob-related authentic artifacts which shall utilize state of the art interactive technology (the “Mob Experience Exhibit”);

 

WHEREAS, in connection with Murder, Inc.’s construction of its Tenant’s Work (as defined in the Mob Experience Lease) certain mechanic’s liens have been filed against the Property and the Improvements, as the same are more particularly set forth on Exhibit A attached hereto (such liens, together with any other such mechanic’s liens filed against the Property or the Improvements solely in connection with Tenant’s Work related to the Mob Experience Exhibit and for which the Borrower has no financial responsibility, the “Mob Experience Liens”);

 

2

 

WHEREAS, Section 7.2.3 of the Loan Agreement prohibits the existence of such Mob Experience Liens against the Property and the Improvements unless the same constitute Permitted Liens under the Loan Agreement;

 

WHEREAS, the Borrower has failed to take the actions required pursuant to the Credit Agreement (including, without limitation, the requirements set forth in item (c) of the definition of “Permitted Liens” therein) and, as a result of such failure, the existence of the Mob Experience Liens constitutes Events of Default under Section 8.1.3 of the Loan Agreement (the “Existing Defaults”);

 

WHEREAS, the Borrower have requested that the Lenders temporarily waive their rights, remedies and options under the Loan Agreement as a consequence of the Existing Defaults, as set forth in this Amendment and Waiver;

 

WHEREAS, the Lenders are willing to temporarily waive the Existing Defaults, subject to the terms and conditions set forth in this Amendment and Waiver; and

 

WHEREAS, the Required Lenders have directed the Administrative Agent to enter into this Amendment and Waiver with the Borrower.

 

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:

 

ARTICLE I

 

DEFINITIONS

 

SECTION 1.1  Defined Terms.  Capitalized terms used but not defined herein shall have the meanings assigned to them in the Loan Agreement, as amended by this Amendment and Waiver, and the rules of construction set forth in Article I of the Loan Agreement shall apply to this Amendment and Waiver. The following term used in this Amendment and Waiver Agreement shall have the meaning set forth below:

 

“Event of Termination” shall mean the earlier of (i) 5:00 p.m. (New York time) on October 21, 2011 or (ii) if prior thereto, any of the following has occurred and is continuing and the Administrative Agent, acting at the direction of the Required Lenders, terminates this Amendment and Waiver by giving notice to the Borrowers and the Guarantors:

 

(a)  the occurrence of any Default or Event of Default other than the Existing Defaults;

 

(b)  the failure of the Borrower or any of the Guarantors to comply with any material term, condition or covenant set forth in this Amendment and Waiver; or

 

(c)  any representation or warranty made by the Borrower or any of the Guarantors under this Amendment and Waiver shall be false or materially misleading as of the date made or deemed remade.

 

3

 

ARTICLE II

 

AMENDMENTS

 

SECTION 2.1  Amendments.  The following amendment shall be made to the Loan Agreement as of the Second Amendment Effective Date (as defined in Section 4.1 of this Amendment and Waiver):

 

SECTION 2.1.1   The following definition shall be added to Section 1.1 of the Loan Agreement:

 

“Second Amendment to Loan Agreement” means the Second Amendment to Loan Agreement and Limited Duration Waiver made by and between the Borrower and the Administrative Agent, for the benefit of the Lenders, dated as of August       , 2011.

 

SECTION 2.1.2   Section 7.1.1 of the Loan Agreement is hereby amended by deleting the date “September 30, 2011” contained in clause (p) of such Section 7.1.1 and replacing the same with “October 31, 2011”.

 

ARTICLE III

 

DEFAULTS; LIMITED WAIVERS AND AUTHORIZATION

 

SECTION 3.1  Defaults.  The Borrower and each of the Guarantors acknowledge and agree that the Existing Defaults have occurred and are continuing, and as a result thereof, the Lenders are entitled to exercise their rights, remedies and options against the Borrowers, the Guarantors and the Security.  The Borrower and each of the Guarantors acknowledge and agree that the exercise of such rights, remedies and options by the Lenders or the Administrative Agent on their behalf is not subject to any offsets or defenses by the Borrower or the Guarantors to their obligations under the Loan Documents, and that neither the Borrower nor the Guarantors have any claims or counterclaims against the Lenders or the Administrative Agent.

 

SECTION 3.2  Limited Waivers.  From and after the Second Amendment Effective Date until the existence of an Event of Termination, the Administrative Agent and the Lenders hereby agree to temporarily waive the Existing Defaults, subject to the terms of this Amendment and Waiver.  Upon the occurrence of an Event of Termination, the limited duration waivers set forth herein shall be void ab initio and the Existing Defaults shall be deemed to exist from and after August 6, 2011.

 

SECTION 3.3  Authorization.  Except as expressly provided herein, the execution and delivery of this Amendment and Waiver shall not:  (a) constitute an extension or modification of the Loan Agreement or any of the other Loan Documents; (b) extend the terms of the Loan Agreement or the due date of any of the Obligations; or (c) give rise to any obligation on the part of the Administrative Agent or the Lenders to extend or modify any term or condition of the Loan Agreement or any of the other Loan Documents.

 

4

 

ARTICLE IV

 

CONDITIONS PRECEDENT TO SECOND AMENDMENT EFFECTIVE DATE

 

SECTION 4.1  Conditions to Effectiveness.  This Amendment and Waiver shall be and become effective as of the date (the “Second Amendment Effective Date”) on which each of the following conditions precedent shall have been satisfied or waived in writing by the Lenders.

 

SECTION 4.1.1  Authority of the Borrower.  The Borrower shall deliver to the Administrative Agent and the Lenders (x) a certified copy of any amendments to the Organizational Documents of the Borrower since April 26, 2011, certified by an Authorized Representative of the Borrower or a certificate by an Authorized Representative of the Borrower certifying that there have been no such amendments since such date and (y) a copy of one or more resolutions or other authorizations of the Board of Directors of the Borrower certified by the Authorized Representative of such Board of Directors as being in full force and effect on the date of this Amendment and Waiver authorizing this Amendment and Waiver and the execution, delivery and performance of this Amendment and Waiver by the Borrower.

 

SECTION 4.1.2  Incumbency of the Borrower.  The Borrower shall deliver to the Administrative Agent and the Lenders a certificate from the Borrower, signed by an Authorized Representative of the Borrower and dated as of the date of this Amendment and Waiver, as to the incumbency of the Person or Persons authorized to execute and deliver this Amendment and Waiver, and any Instruments or agreements required hereunder or thereunder to which the Borrower is a party.

 

SECTION 4.1.3  Corporate Proceedings.  All corporate, limited liability company, partnership and legal proceedings with respect to this Amendment and Waiver, shall be reasonably satisfactory in form and substance to the Administrative Agent and the Lenders and the Administrative Agent and the Lenders shall have received all information, legal and technical opinions and copies of all documents, including records of corporate, limited liability company or partnership proceedings and copies of any approval by any Governmental Instrumentality required in connection with this Amendment and Waiver, which the Lenders may reasonably have requested in connection therewith, such documents to be reasonably satisfactory in form and substance to the Lenders and, where appropriate, to be certified by the requisite corporate, limited liability company or partnership officers or Governmental Instrumentalities.

 

SECTION 4.1.4  No Violation of Certain Regulations.  The entering into of this Amendment and Waiver shall not violate any law, including Regulation T, Regulation U or Regulation X of the Board of Governors of the F.R.S. Board.

 

SECTION 4.1.5  Execution of Amendment.  The Administrative Agent and the Lenders shall have received counterparts of this Amendment and Waiver duly executed by an Authorized Representative of the Borrower and the Guarantors.

 

SECTION 4.1.6  Fees.  All amounts required to be paid to or deposited with the Administrative Agent and the Lenders and all taxes, fees and other costs payable in connection with the execution, delivery, recordation and filing of the documents and instruments referred to

 

5

 

in Section 2.1 or this Section 3.1.  The Borrower shall have paid all fees, expenses and other charges then due and payable by it under this Amendment and Waiver or the other Loan Documents or under any agreements between the Borrower and any of the Independent Consultants, including, without limitation, all fees, costs and expenses due and payable pursuant to Section 3.3 of the Loan Agreement, if then invoiced.  The Borrower shall have paid all legal fees and costs and legal expenses of Mayer Brown LLP and Thompson Hine LLP and other professionals employed by the Administrative Agent and the Lenders and all other reasonable expenses of the Administrative Agent and the Lenders in connection with the negotiation, execution and delivery of this Amendment and Waiver.

 

SECTION 4.1.7  Operative Documents.  Each Operative Document shall be in full force and effect, without amendment since the respective date of its execution and delivery, and in a form which was approved by the Administrative Agent and the Lenders, except as otherwise permitted pursuant to the Loan Agreement.  All obligations and requirements under such Operative Documents which are to be performed or satisfied, as the case may be, shall have been performed and satisfied in all material respects and, after giving effect to this Amendment and Waiver, no act, condition or event shall exist which, with the giving of notice and/or passage of time would constitute a breach or event of default thereunder.

 

SECTION 4.1.8  Other Documents.  The Administrative Agent and the Lenders shall have received such other documents and evidence as the Administrative Agent and the Lenders may reasonably request in connection with this Amendment and Waiver.

 

SECTION 4.1.9  No Events of Default or Material Adverse Effect.  No Default, Event of Default or Material Adverse Effect shall have occurred and be continuing or, after giving effect to this Amendment and Waiver, could reasonably be expected to result.

 

SECTION 4.1.10  Continuing Lien Priority.  The Borrower heretofore executed and delivered to the Administrative Agent and the Lenders the Loan Documents.  The Borrower hereby acknowledges and agrees that the Liens created and provided for by the Loan Documents continue to secure, among other things, the Obligations arising under the Loan Agreement as amended hereby; and the Loan Documents and the rights and remedies of the Administrative Agent and Lenders thereunder, the obligations of the Borrower thereunder, and the Liens created and provided for thereunder remain in full force and effect and shall not be affected, impaired or discharged hereby.  Nothing herein contained shall in any manner affect or impair the priority of the Liens and security interests created and provided for by the Loan Documents as to the indebtedness which would be secured thereby prior to giving effect to this Amendment and Waiver.

 

ARTICLE V

 

REPRESENTATIONS AND WARRANTIES

 

In order to induce the Required Lenders to direct the Administrative Agent to enter into this Amendment and Waiver, the Borrower hereby represents, and warrants unto the Lenders and the Administrative Agent as set forth in this Article IV.

 

6

 

SECTION 5.1  Organization, etc.  The Borrower is validly organized and existing and in good standing under the laws of the state or jurisdiction of its organization, is duly qualified to do business and is in good standing in each jurisdiction where the nature of its business requires such qualification, and has full power and authority and holds all requisite Permits to enter into and perform its Obligations under this Amendment and Waiver and each of the other Loan Documents to which it is a party.

 

SECTION 5.2   Due Authorization, Non-Contravention, etc.  The execution, delivery and performance by the Borrower of this Amendment and Waiver are within the Borrower’s powers, have been duly authorized by all necessary action, and do not

 

(a)  contravene the Borrower’s Organizational Documents;

 

(b)  contravene any contractual restriction binding on or affecting the Borrower;

 

(c)  contravene any Legal Requirement binding on or affecting the Borrower; or

 

(d)  result in, or require the creation or imposition of, any Lien on any of the Borrower’s properties except as expressly contemplated by the Operative Documents.

 

SECTION 5.3  Government Approval, Regulation, etc.  No authorization or approval or other action by, and no notice to or filing with, any Governmental Instrumentality or regulatory body or other Person (other than those that have been, or on the date of this Amendment and Waiver will be, duly obtained or made and which are, or on the date of this Amendment and Waiver will be, in full force and effect) is required for the due execution, delivery or performance by the Borrower of this Amendment and Waiver.

 

SECTION 5.4  Validity, etc.  This Amendment and Waiver constitutes the legal, valid and binding obligation of the Borrower upon the due execution and delivery hereof by it, enforceable against it in accordance with its terms (except, in any case above, as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting creditors’ rights generally and by principles of equity).

 

SECTION 5.5  Litigation, Labor Controversies, etc.  There is no pending litigation, action, proceeding, labor controversy or other event which could affect the legality, validity or enforceability of this Amendment and Waiver or any other Operative Document.

 

SECTION 5.6  Representations and Warranties.  As of the date of this Amendment and Waiver (except to the extent specifically related to a different date), all representations and warranties of the Borrower contained in the Loan Documents are true and correct in all material respects and the Borrower hereby confirms each such representation and warranty made by it with the same effect as if set forth in full herein.

 

SECTION 5.7  Existing Defaults.  Other than the Existing Defaults, there is no Default or Event of Default which has occurred and is continuing under the Loan Agreement or any of the Operative Documents.

 

7

 

SECTION 5.8  Fees and Enforcement.  Other than amounts that have been paid in full or will have been paid in full by the date of this Amendment and Waiver or the date when due for same, no fees, Impositions or Taxes, including stamp, transaction, registration or similar taxes, are required to be paid for the legality, validity or enforceability of this Amendment and Waiver.

 

SECTION 5.9  Offsets and Defenses.  The Borrower has no offsets or defenses to its obligations under the Loan Documents or the documents evidencing and securing the Obligations and no claims or counterclaims against the Administrative Agent or the Lenders.

 

ARTICLE VI

 

MISCELLANEOUS PROVISIONS

 

SECTION 6.1  Ratification of and References to the Loan Agreement.  This Amendment and Waiver shall be deemed to be an amendment to the Loan Agreement, and the Loan Agreement, as amended hereby, shall continue in full force and effect and is hereby ratified, reaffirmed, approved and confirmed in each and every respect.  All references to the Loan Agreement in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Loan Agreement as amended hereby.

 

SECTION 6.2  Reaffirmation of All Other Loan Documents.  The Borrower hereby reaffirms, as of the Second Amendment Effective Date, the covenants and agreements made by the Borrower contained in each Loan Document to which it is a party, as such covenants, agreements and other provisions may be modified by this Amendment and Waiver.

 

SECTION 6.3  Release.  The Borrower, for itself and for all Persons and entities claiming by, through or under them, in consideration of the execution and delivery of this Amendment and Waiver by the Administrative Agent, on behalf of the Lenders, and by Foothill, and for other good and valuable consideration, receipt whereof is hereby acknowledged, release and discharge the Administrative Agent, Foothill and each other Lender (collectively, the “Releasees”), each Releasee’s predecessors (including, without limitation, predecessors by virtue of merger), successors and assigns, and all officers, directors, employees, agents, representatives, insurers and attorneys of each Releasee from all actions, counterclaims, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, executions, claims, and demands whatsoever, in law, admiralty or equity, which the Borrower and any of its successors and assigns ever had, now have or hereafter can, shall or may have, against the Releasees, from the beginning of the world to the Second Amendment Effective Date, related to or arising out of the Transaction or this Amendment and Waiver.

 

SECTION 6.4  Severability.  Any provision of this Amendment and Waiver which is prohibited or unenforceable in any jurisdiction shall, as to such provision and such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Amendment and Waiver or any other Loan Document or affecting the validity or enforceability of such provision in any other jurisdiction.

 

8

 

SECTION 6.5  Headings.  The various headings of this Amendment and Waiver are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment and Waiver or any provisions hereof.

 

SECTION 6.6  Execution in Counterparts.  This Amendment and Waiver may be executed by the parties hereto in several counterparts, each of which shall be an original and all of which shall constitute together but one and the same agreement.

 

SECTION 6.7  Governing Law.  THIS AMENDMENT AND WAIVER SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING FOR SUCH PURPOSE SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK).

 

SECTION 6.8  Loan Document.  This Amendment and Waiver is a Loan Document executed pursuant to the Loan Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Loan Agreement.

 

SECTION 6.9  Successors and Assigns.  This Amendment and Waiver shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent and Foothill and each of their respective successors and assigns.

 

SECTION 6.10  Execution by Authorized Representative.  Any signature by any Authorized Representative on this Amendment and Waiver and any other instrument and certificate executed or to be executed pursuant to or in connection with this Amendment and Waiver is provided only in such Authorized Representative’s capacity as an officer or member of the Person in question, and not in any way in such Authorized Representative’s personal capacity.

 

[Signature Page Follows]

 

9

 

IN WITNESS WHEREOF, the Borrower, the Guarantors, the Administrative Agent and Foothill have executed this Amendment and Waiver on the date first above written.

 

	
 
    	
BORROWER:
    
	
 
    	
 
    
	
 
    	
TROPICANA   LAS VEGAS, INC.,
    
	
 
    	
as   the Borrower
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
ADMINISTRATIVE   AGENT:
    
	
 
    	
 
    
	
 
    	
WELLS   FARGO BANK,
    
	
 
    	
NATIONAL   ASSOCIATION,
    
	
 
    	
as   Administrative Agent
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    
	
 
    	
LENDER:
    
	
 
    	
 
    
	
 
    	
THE   FOOTHILL GROUP, INC.,
    
	
 
    	
as   a Lender
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

S-1

 

GUARANTORS:

 

	
By   its signature below, each Guarantor hereby ratifies and reaffirms its   respective obligations under the Guaranty and the Environmental Indemnity in   connection with the Loan Agreement, as amended by this Amendment and Waiver.
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
TROPICANA LAS VEGAS
    	
 
    
	
INTERMEDIATE HOLDINGS INC.,
    	
 
    
	
a   Delaware corporation
    	
 
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
 
    	
 
    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
TROPICANA LAS VEGAS
    	
 
    
	
HOTEL AND CASINO, INC.,
    	
 
    
	
a   Delaware corporation
    	
 
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
By:
    	
 
    	
 
    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    

 

S-2

 

EXHIBIT A

 

MOB EXPERIENCE MECHANIC’S LIENS

 

	
File Date
    	
 
    	
Vendor
    	
 
    	
Amount of Lien
    	
 
    	
Instrument No.
    	
 
    
	
June 27, 2011
    	
 
    	
Las Vegas Awnings LLC
    	
 
    	
$
    	
106,851.00
    	
 
    	
201106270000864
    	
 
    
	
July 6, 2011
    	
 
    	
George M. Raymond Co.
    	
 
    	
$
    	
891,521.00
    	
 
    	
201107060002468
    	
 
    
	
July 6, 2011
    	
 
    	
Wood Resources of Nevada Inc.
    	
 
    	
$
    	
87,719.00
    	
 
    	
201107060001837
    	
 
    
	
July 8, 2011
    	
 
    	
Superior Tile & Marble, Inc
    	
.
    	
$
    	
24,051.00
    	
 
    	
201107080003073
    	
 
    
	
July 11, 2011
    	
 
    	
J&R Flooring Inc., dba J Picini Flooring
    	
 
    	
$
    	
45,568.00
    	
 
    	
201107110001875
    	
 
    
	
July 11, 2011
    	
 
    	
Scott Zemp Masonry, Inc.
    	
 
    	
$
    	
1,026.80
    	
 
    	
201107110002138
    	
 
    
	
July 11, 2011
    	
 
    	
Dean Roofing
    	
 
    	
$
    	
24,420.00
    	
 
    	
201107110002278
    	
 
    
	
July 11, 2011
    	
 
    	
Hansen Mechanical Contractors, Inc.
    	
 
    	
$
    	
154,421.00
    	
 
    	
201107110002322
    	
 
    
	
July 11, 2011
    	
 
    	
Statewide Fire Protection
    	
 
    	
$
    	
21,769.00
    	
 
    	
201107110002322
    	
 
    
	
July 13, 2011
    	
 
    	
M.J. Dean Construction, Inc.
    	
 
    	
$
    	
4,640,732.00
    	
 
    	
201107130002543
    	
 
    
	
July 13, 2011
    	
 
    	
Bombard Electric, LLC
    	
 
    	
$
    	
701,021.50
    	
 
    	
201107130002650
    	
 
    
	
July 13, 2011
    	
 
    	
Bombard Electric, LLC
    	
 
    	
$
    	
8,080.50
    	
 
    	
201107130002649
    	
 
    
	
July 14, 2011
    	
 
    	
Simplexgrinnell, LP
    	
 
    	
$
    	
5,550.00
    	
 
    	
201107140002192
    	
 
    
	
July 22, 2011
    	
 
    	
Carrara Marble Co. of America, Inc.
    	
 
    	
$
    	
129,626.11
    	
 
    	
201107220002867
    	
 
    
	
July 25, 2011
    	
 
    	
Northwestern Inc.
    	
 
    	
$
    	
143,117.00
    	
 
    	
201107250000001

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}]]