Document:

Exhibit

Description of the Company’s Common Stock Registered
Under Section 12 of the Exchange Act of 1934

The following summary of CURO Group Holdings Corp.’s common stock and preferred stock is based on and qualified by the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) and Amended and Restated Bylaws (“Bylaws”). For a complete description of the terms and provisions of the Company’s equity securities, including its common stock, refer to the Certificate of Incorporation and Bylaws, both of which are filed as exhibits to this Annual Report on Form 10-K.

CURO’s authorized capital stock consists of 25,000,000 shares of preferred stock, par value $0.001 per share, and 225,000,000 shares of common stock, par value $0.001 per share.
 
Common Stock
 
Voting rights
 
Holders of shares of common stock are entitled to one vote for each share of common stock held on all matters submitted to a vote of the stockholders. Generally, holders of shares of common stock vote together as a single class on all matters (including the election of directors) submitted to a vote of the stockholders, unless otherwise required by law or with respect to certain matters (described below) for which our Certificate of Incorporation requires class voting. Generally, all matters to be voted on by the stockholders must be approved by a majority of the votes cast by all shares of common stock present in person or represented by proxy, voting together as a single class. Directors are elected by a majority of the votes cast unless the election is contested, in which case directors are elected by a plurality of the votes cast.
 
Our Certificate of Incorporation provides for class voting in limited circumstances. Amendments to the Certificate of Incorporation, including as a result of a statutory merger, that would alter or change the powers, preferences or the common stock so as to affect them adversely must also be approved by a majority of the votes entitled to be cast by the holders of the shares affected by the amendment, voting as a separate class. Under the Certificate of Incorporation, we may not increase or decrease the authorized number of shares of common stock without the affirmative vote of the holders of a majority of the voting power of the outstanding shares of capital stock entitled to vote, voting together as a single class.
 
Dividend rights
 
Subject to preferences that may apply to any shares of preferred stock outstanding at the time, the holders of common stock are entitled to receive dividends out of funds legally available if the Company’s Board of Directors, in its discretion, determines to issue dividends and then only at the times and in the amounts that the Board of Directors may determine. 
 
No preemptive or similar rights
 
Common stock is not entitled to preemptive rights and is not subject to redemption or sinking fund provisions.

     Right to receive liquidation distributions
 
Upon liquidation, dissolution or winding-up of the Company, the assets legally available for distribution to stockholders would be distributable ratably among the holders of shares of common stock and any participating preferred stock outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights of, and the payment of liquidation preferences on, if any, any outstanding shares of preferred stock.
 
All of the shares of common stock currently issued are fully paid and non-assessable.
 
Preferred Stock
 
Under the terms of the Certificate of Incorporation, the Company’s Board of Directors is authorized to issue shares of preferred stock in one or more series without stockholder approval. The Board of Directors has the discretion to determine the rights, preferences, privileges and restrictions, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences, of each series of preferred stock.
 
The purpose of authorizing the Board of Directors to issue preferred stock and determine its rights and preferences was to eliminate delays associated with a stockholder vote on specific issuances. The issuance of preferred stock, while providing flexibility in connection with possible future acquisitions and other corporate purposes, will affect, and may adversely affect, the rights of holders of common stock. It is not possible to state the actual effect of the issuance of any shares of preferred stock on the rights of holders of common stock until the Board of Directors determines the specific rights attached to that preferred stock. The effects of issuing preferred stock could include one or more of the following:

 
		
	•
	restricting dividends on the common stock;

		
	•
	diluting the voting power of the common stock;

		
	•
	impairing the liquidation rights of the common stock; or 

		
	•
	delaying or preventing changes in control or management of us.

 
The Company has no preferred stock outstanding and no present plans to issue any shares of preferred stock.Exhibit

SECOND AMENDMENT TO LEASE
THIS SECOND AMENDMENT TO LEASE ("Second Amendment") is entered into on November 20, 2017 by and between CDM Development, LLC ("Landlord") and Curo Management LLC, successor in interest to Tiger Financial Management, LLC, ("Tenant"), and amends the lease between the parties dated December 22, 2007, as amended by that letter dated June 7, 2012 ("Letter"), (collectively the "Lease") for the property commonly known as 3527 N. Ridge Rd., Wichita, KS 67205.
NOW THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable consideration the receipt and adequacy of which is hereby acknowledged, the parties hereto agree to amend the Lease as follows:

		
	A.
	Tenant Name: Landlord hereby acknowledges that the name of the Tenant has changed from Tiger Financial Management, LLC to Curo Management, LLC.

		
	B.
	Term: Tenant hereby exercises the second of three options to extend the term of the Lease as specified in Section 3 of the Lease, as amended by the Letter. Accordingly, the term of the Lease, which commenced on January 1, 2008, is hereby extended such that the expiration date will be December 31, 2022.

		
	C.
	Rent: As stated in Section 4 of the Lease, rent shall increase three percent (3%) each year, compounded annually, on the anniversary of the Lease Commencement Date.

		
	D.
	Additional Option to Extend: Tenant is hereby granted one (1) additional five (5) year option to extend the lease under the terms and conditions specified in Section 3 of the Lease, such that Tenant will have two (2) options remaining. The terms of the remaining options will be:

Option 3 - January 1, 2023 to December 31, 2027 
Option 4 - January 1, 2028 to December 31, 2032

		
	E.
	Hazardous Materials. Section 16 of the Lease is hereby modified by the insertion of the following paragraph between the second and third paragraphs: "Landlord and its successors and assigns shall indemnify, defend, reimburse and hold Tenant, its employees and lenders, harmless from and against any and all environmental damages, including the cost of remediation, which are suffered as a direct result of Hazardous Substances on the Premises prior to Tenant taking possession or which are caused by the negligence or willful misconduct of Landlord, its agents or employees. Landlord's obligations, as and when required by the Applicable Requirements, shall include, but not be limited to, the cost of investigation, removal, remediation, restoration and/or abatement, and shall survive the expiration or termination of this Lease "

		
	F.
	Landlord Default The following is hereby added to the Lease as Section 29:

"In the event Landlord fails or neglects to perform, meet, or observe any of Landlord's obligations under this Lease, and such failure or neglect shall continue for a period of thirty (30) days after written notice from Tenant, then Tenant, at any time thereafter by written notice to Landlord, shall have the right to either (a) cure the default and deduct the expense or cost from the rent amount due Landlord under the terms of this Lease; (b) withhold rent, pending Landlord's cure of the default, (c) terminate the Lease; or (d) pursue any of its remedies at law or in equity. Notwithstanding anything to the contrary, the Tenant shall have a duty to mitigate damages."
		
	G. 
	Indemnification of Tenant: The following provision is hereby added to the Lease as Section 30:

"Except to the extent that such liability is caused by the negligence or tortious act or omission of Tenant, its agents, contractors, employees, invitees, licensees, or visitors, Landlord shall defend, indemnify and hold Tenant harmless from and against all liabilities, claims, suits, fines, penalties, damages, losses, fees, costs and expenses (including, but not limited to, reasonable attorneys' fees) of whatever nature arising from the following:
		
	a)
	Any willful, negligent or tortious act or omission on the part of Landlord, its agents, contractors, employees; or

		
	b)
	Any failure on the part of Landlord to perform or comply with any of the covenants, agreements, terms, provisions, conditions or limitations contained in this Lease on its part to be performed or complied with.

The provisions of this Section shall survive the expiration or earlier termination of this Lease."
H.     Notices: The following provision is hereby added to the Lease as Section 31:
"All notices given under the terms of this Lease shall be in writing and sent by United States mail, registered or certified, with postage prepaid; or sent PRIORITY by a nationally-recognized overnight delivery service (i.e. Federal Express, UPS) addressed to the parties set out below, or at such other address as they have specified by written notice delivered in accordance herewith:    
	
			
	To the Landlord:
	 
	Name:         CDM Development, LLC
Address:           
City:         Wichita
State:         KS
Zip Code:  67205
Phone #:
Fax #:

	
			
	To the Tenant:
	 
	Curo Management, LLC 
3527 North Ridge Road 
Wichita, Kansas 67205 
Phone #: (316)-722-3801 
Fax #: (316)-494-6507 
Attn: Real Estate Department

Notices shall be deemed delivered (i) on three (3) business days after being deposited in the United States mail, postage prepaid, certified or registered mail, or (ii) on the first business day following the date it is deposited with an overnight delivery service. A change of address by either Party must be by notice given to the other in the manner specified above. Notwithstanding anything to the contrary herein, in the event of an emergency, notice may be provided by any means, including, but not limited to, facsimile, email, and telephone, and will be deemed received when sent."
I.    Quiet Enjoyment: The following provision is hereby added to the Lease as Section 32:
"Upon payment by Tenant of the rent herein provided, and upon the observance by Tenant of the terms and conditions on Tenant's part to be observed and performed, under the terms of this Lease, Tenant shall peaceably and quietly hold and enjoy the Premises for the Term of this Lease without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through, or under Landlord, subject, nevertheless, to each and every one of the terms, provisions, covenants, agreements, undertakings and conditions of this Lease.”
J.     Force Majeure: The following provision is hereby added to the Lease as Section 33:
"In the event that either Party hereto shall be delayed, hindered in or prevented from performing any act required hereunder by reason of strikes, lockouts, inability to procure materials or labor, failure of power, governmental laws, regulations or process, riots, insurrection, war, or any other reason of a like nature not the fault of or beyond the control of the party delayed in performing such act, then performance of such act shall be excused for the period of the delay and the period allowed for the performance of such act shall be extended for a period equivalent to the period of such delay. In the event the aforementioned shall cause a delay in Tenant's ability to open for business and/or delay commencement of the Term of this Lease, then all terms and conditions including but not limited to rent and other charges, shall be adjusted accordingly. Also, in the event Tenant's business is interrupted due to the occurrence of any of the above events after the 

commencement of the Term of this Lease and Tenant is forced to close its' business or delay the reopening of its' business within the Premises, then all rent and other charges hereunder shall be abated during the period Tenant is unable to operate or must delay operations because of such event.”
K.     Subordination of Lease: The following provision is hereby added to the Lease as Section 34:
"This Lease shall be subject and subordinate to the lien of any bank or institutional or other mortgage or mortgages now or hereafter in force against the Premises, and to all advances made upon the security thereof, provided that the holder of any such mortgage shall execute and deliver to Tenant a Subordinate Non-disturbance and Attornment Agreement ("SNDA Agreement"), in form reasonably satisfactory to Tenant, providing further that such holder will recognize this Lease and not disturb Tenant's possession of the Premises in the event of foreclosure if Tenant is not then in default hereunder beyond any applicable cure period."
All other terms and conditions of the Lease shall remain unchanged and shall continue in full force and effect except as specifically amended herein. In the event of a conflict, ambiguity or contradiction in terms, this Amendment shall control.
IN WITNESS WHEREOF, Tenant and Landlord have executed this Amendment as of the date set forth above.
	
			
	Landlord: CDM Development, LLC
	 
	Tenant: Curo Management, LLC

	By: /s/ Doug Rippel
	 
	By: /s/ Chris Darnell

	Name: Doug Rippel
	 
	Name: Chris Darnell

	Title: Member
	 
	Title: SVP, Real Estate

Second Amendment to Lease, 3527 N. Ridge Rd., Wichita, KS 67205 CDM Development, LLC. Curo Management, LLC, page 3 of 3

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