Document:

Exhibit 10.2

 

	 	STRICTLY
    CONFIDENTIAL	 

 

October
6, 2020

 

ATLANTA
CBD INC

1039
Grant Street Building B Suite-24

Atlanta,
GA 30315

 

Dear
Floretts Gogo & Xavier Carter;

 

Pursuant
to our recent discussions, we are pleased to confirm the arrangement under which Liberty Management Investments, LLC ("LMI")
is engaged by ATLANTA CBD INC (collectively with its subsidiaries and affiliates, the ("Company") to act as its strategic advisor
and perform certain specified corporate functions related to advising for the execution of its business plans and other key strategic
initiatives (the "Services"). LMI shall not be liable for obtaining or producing the Services or any transaction outside of
its control, which shall include, but not be limited to; instances of omitted information, misrepresentations, or refusal to accept offers
from any transaction sponsors. The structure of the transactions and/or investments that the Company will ultimately agree upon shall
be entirely within the Company's sole discretion.

 

Section
1. Services.

 

In
connection with this engagement, LMI shall work with the Company collaboratively to provide the following services:

 

		I.	Structuring
                                            and leading a business mandate for a public market position for the Company (a "Services")
                                            based on criteria and feedback provided by the Company;

 

		II.	Advisory
                                            services in developing and building the right public company entity, equity investment and
                                            organizational structure, and entity roll- ins for the public company;

 

		III.	Interfacing
                                            and administering the company's position as it regards SEC Regulations (Regs A, A Plus, or
                                            D), FINRA (Financial Industry Regulatory Authority) or other and administering terms with
                                            those parties to participate in a transaction and advising on the due diligence;

 

		IV.	Assisting
                                            in closing of a transaction including oversight of due diligence, final negotiations
                                            of terms, other activities necessary to consummate the transaction;

 

		V.	Consulting
                                            with you after the close of the public vehicle to assist in coordinating your filings and
                                            public company marketing. Also, consulting with you to bring additional needed resources
                                            and people to promote the success of the company. 

 

		VI.	Evaluating
                                            and presenting potential offers from specific parties and negotiating terms with those parties
                                            to participate in a transaction with the Company.

 

		CONFIDENTIAL	1

 

    

     

    

 

Section
2. Compensation.

 

The
fees payable to LMI for the foregoing services shall be as follows:

 

		I.	A
                                            non-refundable engagement fee ("Engagement") of ten thousand dollars ($10,000.00)
                                            of which five thousand ($5,000) is due immediately and the remaining balance will be due
                                            at a later date to be determined,

 

		II.	A
                                            Success Fee ("Success Fee") paid upon closing of any of the following transactions
                                            equal to:

 

		A.	Three
                                            percent (3%) of the gross proceeds of the gross committed corporate debt instrument referred
                                            to in Section 1 Services.

 

		B.	A
                                            negotiated equity participation in the company as an on-going incentive to advise the company.

 

Notwithstanding
the foregoing or anything else to the contrary in this Agreement, the Company shall have the right to terminate the Services in its sole
and absolute discretion for any reason or no reason at all with 30 days written notice.

 

Section
3. Non-Circumvention.

 

LMI
and the Company agree not to circumvent each other and shall abide by business principles regarding non-circumvention. No party to this
agreement shall in any way whatsoever circumvent or attempt to circumvent the other by entering into any negotiation or dealing with
business contact associates or partners of the other party with whom they might have become acquainted in the course of the implementation
of this Agreement, without the written consent of the other party concerned. The parties agree to keep confidential the names of any
contacts introduced or revealed to the other party, and that their firm, company, associates, corporations, joint ventures, partnerships,
divisions, subsidiaries, employees, agents, heirs, assigns, designees, or consultants will not contact, deal with, negotiate or participate
in any transactions with any of the contacts without first entering a written agreement with the disclosing party unless that party gives
prior written permission. Such confidentiality will include any names, addresses, telephone, telex, facsimile numbers, and/or other pertinent
information disclosed or revealed to either party.

 

Section
4. Term.

 

Our
services hereunder may be terminated at any time with or without cause by either party and without liability or continuing obligation
to either party with 30 days written notice as previously defined in section 3; provided that the provisions of Sections 3 and 4 hereof
shall survive any termination or expiration of this agreement.

 

Notwithstanding
the foregoing, no expiration or termination of this agreement shall affect LMI's right to receive, and the Company's obligation to pay
any Success Fee, reimbursement or other amount becoming due under this agreement.

 

This
engagement agreement may be amended from time to time by written agreement signed by both parties. If the terms of this engagement as
set forth in this agreement are satisfactory, kindly sign the enclosed copy of this letter and return it to the undersigned. We look
forward to working with the Company on this assignment.

 

		CONFIDENTIAL	2

    

     

    

 

Sincerely,

 

	Liberty
    Management Investments, LLC
	 
	 
	By:
    	/s/
    Flem Hollis	 
	Name:
    Flem Hollis
	Title:
    CEO
	 
	 
	Accepted
    and Agreed as of	10/8/20	:	 
	 	 	 	 	 
	 
	ATLANTA
    CBD INC
	 
	 
	By:
    	/s/
    Floretta GoGo	 
	Name:
    Floretta GoGo
	Title:
    CEO
	 
	By:
    	/s/
    Xavier Carter	 
	Name:
    Xavier Carter
	Title:
    COO

 

		CONFIDENTIAL	3Document

Exhibit 10.1

AMENDMENT NO. 3

Dated as of April 26, 2022 to
CREDIT AGREEMENT

Dated as of April 30, 2021

THIS AMENDMENT NO. 3 (this “Amendment”) is made as of April 26, 2022 (the “Third Amendment Effective Date”) by and among ZIPRECRUITER, INC., a Delaware corporation (the “Borrower”) and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Administrative Agent”), under that certain Credit Agreement dated as of April 30, 2021 by and among the Borrower, the Lenders from time to time party thereto and the Administrative Agent (as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings given to them in the Credit Agreement.

WHEREAS, the Borrower has requested that the Administrative Agent agree to amend the Credit Agreement pursuant to Section 9.02(f) in order to cure an ambiguity, omission, mistake, defect or inconsistency therein; and

WHEREAS, the Borrower and the Administrative Agent have agreed to so amend the Credit Agreement on the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrower and the Administrative Agent hereby agree to enter into this Amendment.

1.Amendments to the Credit Agreement. Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below, the parties hereto agree that the Credit Agreement is hereby amended as follows (the Credit Agreement as so amended, the “Amended Credit Agreement”):

(a)The definition of “Aggregate Dollar Account Value” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:

““Aggregate Dollar Account Value” means (i) the aggregate dollar value of all accounts, including operating, administrative, cash management, collection, disbursement, deposit and other accounts (excluding, for the avoidance of doubt, any accounts for asset management services, including investments in money markets funds, bonds, commercial paper or foreign investments accounts) of the Borrower and its Domestic Subsidiaries at all financial institutions measured as of the last day of each calendar month minus (ii) Five Million Dollars ($5,000,000).”

2.Conditions of Effectiveness. The effectiveness of this Amendment is subject to the conditions precedent that:

(b)the Administrative Agent shall have received counterparts of this Amendment duly executed by the Borrower and the Administrative Agent; and

(a)the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the date hereof, including, to the extent invoiced, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower under the Credit Agreement in connection with this Amendment.

3.Representations and Warranties of the Borrower. The Borrower hereby represents and warrants as follows:

(a)This Amendment and the Amended Credit Agreement constitute legal, valid and binding obligations of the Borrower, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

(b)As of the date hereof and after giving effect to the terms of this Amendment, (i) no Default or Event of Default has occurred and is continuing and (ii) the representations and warranties of the Borrower set forth in the Amended Credit Agreement are true and correct in all material respects (or, in the case of any representation or warranty qualified by materiality or Material Adverse Effect, in all respects) (except to the extent that any such representations and warranties are made as of an earlier date, in which case such representations and warranties were true and correct in all material respects (or, in the case of any representation or warranty qualified by materiality or Material Adverse Effect, in all respects) on and as of such earlier date).

4.Reaffirmation. The Borrower hereby (a) acknowledges and agrees that, upon the effectiveness of this Amendment, all of its obligations under the Amended Credit Agreement and the other Loan Documents to which it is a party are reaffirmed and remain in full force and effect on a continuous basis, (b) reaffirms each Lien granted by it to the Administrative Agent for the benefit of the Secured Parties pursuant to the Security Agreement and the other applicable Loan Documents, and (c) acknowledges and agrees that the grants of security interests by it contained in the Amended Credit Agreement and the other applicable Loan Documents are, and shall remain, in full force and effect after giving effect to this Agreement.

5.Reference to and Effect on the Credit Agreement.

(b)Upon the effectiveness hereof, each reference to the Credit Agreement in the Credit Agreement or any other Loan Document shall mean and be a reference to the Amended Credit Agreement.

(c)Each Loan Document and all other documents, instruments and agreements executed and/or delivered in connection therewith shall remain in full force and effect and are hereby reaffirmed, ratified and confirmed.

(d)The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or the Lenders, nor constitute a waiver of any provision of the Amended Credit Agreement, the Loan Documents or any other documents, instruments and agreements executed and/or delivered in connection therewith.

(e)This Amendment is a Loan Document under (and as defined in) the Amended Credit Agreement.

6.Governing Law. This Amendment shall be construed in accordance with and governed by the law of the State of New York.
			
	2

7.Headings. Section headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.

8.Counterparts. This Amendment may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to this Amendment shall be deemed to include Electronic Signatures (as defined below), deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be. As used herein, “Electronic Signatures” means any electronic symbol or process attached to, or associated with, any contract or other record and adopted by a person with the intent to sign, authenticate or accept such contract or record.

[Signature Pages Follow]
			
	3

IN WITNESS WHEREOF, this Amendment has been duly executed and delivered as of the day and year first above written.

ZIPRECRUITER, INC.,
as the Borrower

By:  /s/ Tim Yarbrough    
Name: Tim Yarbrough
Title: Chief Financial Officer

JPMORGAN CHASE BANK, N.A.,
as Administrative Agent
By: /s/ Daniel J. Maniaci
Name: Daniel J. Maniaci Title: Authorized Signatory

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