Document:

EX-10.2

 Exhibit 10.2 

BANKRATE, INC. 

SHORT-TERM INCENTIVE PLAN 
  

	Section 1.	Purpose 

 The purposes of this Bankrate, Inc. Short-Term Incentive Plan (this
“Plan”) are to (a) compensate certain members of senior management of Bankrate, Inc., a Delaware corporation (the “Company”), and its Subsidiaries on an individual basis for significant contributions to the
Company and its Subsidiaries, and (b) stimulate the efforts of such members by giving them a direct financial interest in the performance of the Company. Capitalized terms used herein without definition shall have the meanings ascribed to such
terms in Section 2. 
  

	Section 2.	Definitions 

 “Affiliate” means any Subsidiary or any other corporation,
partnership, joint venture, limited liability company, or other entity or enterprise, of which the Company owns or controls, directly or indirectly, 20% or more of the outstanding shares of stock normally entitled to vote for the election of
directors, or of comparable equity participation and voting power. 
 “Award” has the meaning set forth in
Section 5.1. 
 “Board” means the Board of Directors of the Company. 

“Cause” means, except as specified otherwise by the Committee at the time of the Award grant, a finding by the Board that the
applicable Participant (a) has breached his or her employment or service contract or noncompetition agreement with the Company; (b) has engaged in disloyalty or dishonesty to the Company, including, without limitation, fraud, embezzlement,
theft, malfeasance, gross negligence, or misconduct that, in the judgment of the Board, is, or is likely to, lead to material injury to the Company or the business reputation of the Company; (c) has willfully failed to comply with the direction
of the Board or failed to follow the policies, procedures, and rules of the Company; (d) has negligently failed to comply with the direction of the Board or failed to follow the policies, procedures, and rules of the Company and such negligent
failure was not cured within 30 days of receipt of written notice; (e) has been convicted of, or has entered a plea of guilty or no contest to, a felony or crime involving moral turpitude; or (f) has disclosed trade secrets or
confidential information of the Company to Persons not entitled to receive such information. Notwithstanding the foregoing, if a Participant is party to an individual employment agreement that is operative and that defines “Cause,” such
definition shall apply for purposes of this Plan. 
 “Code” means the United States Internal Revenue Code of 1986, as
amended, and the regulations promulgated thereunder. 
 “Committee” means the committee of the Board designated by the
Board to administer this Plan, provided that such committee shall consist solely of two or more “outside directors” within the meaning of Section 162(m) of the Code. 

“Company” has the meaning set forth in Section 1. 

 “EBITDA” means, for a Performance Period, consolidated net income before net
interest expense, consolidated income taxes, and consolidated depreciation and amortization; provided, however, that EBITDA shall exclude any or all “extraordinary items” as determined under U.S. generally acceptable
accounting principles including, without limitation, the charges or costs associated with restructurings of the Company, discontinued operations, other unusual or non-recurring items, and the cumulative effects of accounting changes, and as
identified in the Company’s financial statements, notes to the Company’s financial statements, or management’s discussion and analysis of financial condition and results of operations contained in the Company’s most recent report
filed with the United States Securities and Exchange Commission pursuant to the Exchange Act. 
 “Exchange Act” means the
United States Securities Exchange Act of 1934, as amended from time to time, and any successor thereto. 
 “Executive
Officer” means each individual who is an officer of the Company or any Subsidiary and who is subject to the reporting requirements under Section 16(a) of the Exchange Act. 

“Participant” shall mean, for any particular Performance Period, (a) any Executive Officers, and (b) any officer of
the Company or its Subsidiaries who is (or who, in the determination of the Committee, may reasonably be expected to be) a “covered employee” within the meaning of Section 162 (m) of the Code for such Performance Period and who
is designated to participate in this Plan by the Committee no later than the earlier of (i) 90 days following the commencement of such Performance Period and (ii) the completion of 25% of such Performance Period. 

“Performance Period” means the fiscal year of the Company. 

“Person” means any individual, entity, or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange
Act). 
 “Plan” has the meaning set forth in Section 1. 

“Subsidiary” means any corporation, partnership, joint venture, limited liability company, or other entity or enterprise of
which the Company, as applicable, owns or controls, directly or indirectly, a majority of the outstanding shares of stock normally entitled to vote for the election of directors or of comparable equity participation and voting power. 

 

	Section 3.	Term 

 Subject to Section 6.1, this Plan shall take effect for the Company’s
2015 fiscal year and shall remain in effect for all future fiscal years of the Company, unless amended or terminated by the Company pursuant to Section 6.2. 
  

	Section 4.	Administration and Interpretation 

 The Committee shall have authority to prescribe,
amend, and rescind rules and regulations relating to this Plan, to provide for conditions deemed necessary or advisable to 

  
 2 

 
protect the interests of the Company, to interpret the Plan, and to make all other determinations necessary or advisable for the administration and interpretation of the Plan and to carry out its
provisions and purposes. Any determination, interpretation, or other action made or taken (including any failure to make any determination or interpretation, or take any other action) by the Committee pursuant to the provisions of this Plan, shall,
to the greatest extent permitted by law, be within its sole and absolute discretion and shall be final, binding, and conclusive for all purposes and upon all Persons and shall be given deference in any proceeding with respect thereto. The Committee
may appoint accountants, actuaries, counsel, advisors, and other Persons that it deems necessary or desirable in connection with the administration of this Plan. The Committee’s determinations under the Plan need not be uniform and may be made
by the Committee selectively among Persons who receive, or are eligible to receive, Awards under this Plan, whether or not such Persons are similarly situated. To the maximum extent permitted by law, no member of the Committee shall be liable for
any action taken or decision made in good faith relating to this Plan or any Award hereunder. 
  

	Section 5.	Awards 

 5.1. Awards for Participants. For each Performance Period of the Company,
each Participant shall be eligible to receive an award payable in cash (an “Award”) in an amount determined by the Committee as provided in this Plan. With respect to each Performance Period, the Chief Executive Officer of the
Company shall, subject to Section 5.2, be entitled to receive an Award equal to $5 million if the Company’s EBITDA for such Performance Period is greater than zero. With respect to each Performance Period of the Company, each other
Participant shall, subject to Section 5.2, be entitled to receive an Award equal to $2.5 million if the Company’s EBITDA for such Performance Period is greater than zero. Except as otherwise provided in this Plan, a Participant must
be employed with the Company on the date on which Awards for a Performance Period are payable generally to receive an Award with respect to such Performance Period. 

5.2. Negative Discretion. Notwithstanding anything contained in this Plan to the contrary, the Committee in its sole discretion may
reduce any Award to any Participant to any amount, including zero, prior to payment of such Award. 
 5.3. Certification. As a
condition to the right of a Participant to receive an Award, the Committee shall first certify in writing the Company’s EBITDA and that the Award has been determined in accordance with the provisions of this Plan. 

5.4. Payment of Awards. Awards for any Performance Period shall be determined as soon as reasonably practicable after such Performance
Period and shall be paid to the applicable Participant in cash in a lump sum no later than the 15th day of the third month following such Performance Period. 

5.5. Termination of Employment. Unless otherwise determined by the Committee (whether before or after the commencement of an applicable
Performance Period, but provided that the Committee shall have no discretion to make a determination pursuant to this clause to the extent that the ability to exercise such discretion would cause the applicable Award to fail to qualify as
“performance-based compensation” under Section 162(m) of the Code), if a 

  
 3 

 
Participant’s employment is terminated for any reason prior to the date on which Awards for a Performance Period are paid, the Participant shall cease being eligible for an Award with
respect to such Performance Period. 
  

	Section 6.	Miscellaneous 

 6.1. Effective Date; Stockholder Approval. The effective date of
the Plan is January 1, 2015. The Plan shall be submitted to the stockholders of the Company for approval at the 2015 annual meeting and the effectiveness of the Plan is subject to stockholder approval. 

6.2. Amendment; Termination. The Committee of the Company may from time to time amend this Plan in any respect or terminate this Plan
in whole or in part, provided that such action will not cause an Award to become subject to the deduction limitations contained in Section 162(m) of the Code. 

6.3. No Assignment. The rights hereunder, including, without limitation, rights to receive an Award, shall not be pledged, assigned,
transferred, encumbered, or hypothecated by an employee of the Company or its Subsidiaries, and during the lifetime of any Participant, any payment of an Award shall be payable only to such Participant. 

6.4. No Right to Employment. The designation of an officer as a Participant or grant of an Award shall not be construed as giving a
Participant the right to be retained in the employ of the Company or any Affiliate. Nothing in this Plan or any Award agreement shall interfere with or limit in any way the right of the Company or any Affiliate to terminate any Participant’s
employment at any time and for any reason. 
 6.5. No Impact on Benefits. Except as may otherwise be specifically stated under any
employee benefit plan, policy, or program, no amount payable in respect of any Award shall be treated as compensation for purposes of calculating a Participant’s right under any such plan, policy, or program. No amount payable in respect of any
Award shall be deemed part of a Participant’s regular, recurring compensation for purposes of any termination, indemnity, or severance pay laws. Participation in this Plan does not exclude a Participant from participation in any other employee
benefit plans, policies, or programs of the Company, including other bonus or incentive plans. Nothing in this Plan shall be construed to limit the right of the Company to establish other plans or to pay compensation to its employees, in cash or
property, in a manner that is not expressly authorized under this Plan. 
 6.6. Withholding. The Company shall have the right and
power to deduct from all amounts paid to a Participant (whether under this Plan or otherwise) or to require a Participant to remit to the Company promptly upon notification of the amount due, an amount to satisfy the minimum federal, state, local,
or foreign taxes or other obligations required by law to be withheld with respect thereto with respect to any Award under this Plan. 
 6.7.
Right to Offset. Notwithstanding any provisions of this Plan to the contrary, and to the extent permitted by applicable law (including, without limitation, Section 409A of the Code), the Company may offset any amounts to be paid to a
Participant (or, in the event of the Participant’s death, to his or her beneficiary or estate) under this Plan against any amounts that such Participant may owe to the Company or any Affiliate. 

  
 4 

 6.8. Governing Law; Construction. This Plan and any actions taken hereunder shall be
governed by, and construed in accordance with, the laws of the State of Delaware and applicable United States federal law, without regard to the application of the conflicts of laws provisions thereof. Titles and headings to sections are for
purposes of reference only, and shall in no way limit, define, or otherwise affect the meaning or interpretation of this Plan. 
 6.9.
Severability. If any one or more of the provisions of this Plan shall be or become invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected
thereby. 
 6.10. Unfunded Plan. It is presently intended that this Plan shall be unfunded. The Company shall not be required to
establish any special or separate fund or to make any other segregation of assets to assure the delivery of payments relating to Awards granted pursuant to this Plan. To the extent that any Participant acquires a right to receive payments from the
Company in respect to any Award, such right shall be no greater than the right of any unsecured general creditor of the Company. 
 6.11.
Section 162(m). It is intended that Awards qualify as “performance-based compensation” under Section 162(m) of the Code, and all payments made under this Plan be excluded from the deduction limitations contained in
Section 162(m) of the Code. This Plan shall be construed at all times in favor of its meeting the “performance-based compensation” exception contained in Section 162(m) of the Code. Accordingly, the Committee shall have no
discretion under this Plan (including, without limitation, with respect to adjustments to EBITDA) if the exercise of such discretion or the ability to exercise such discretion would cause such Award to fail to qualify as “performance-based
compensation” under Section 162(m) of the Code. If any Plan provision is found not to be in compliance with the “performance-based compensation” exception contained in Section 162(m) of the Code, that provision shall be
deemed amended so that this Plan does so comply to the extent permitted by law and deemed advisable by the Committee. 
 6.12.
Section 409A. It is intended that this Plan will be exempt from Section 409A of the Code, and this Plan shall be interpreted and construed on a basis consistent with such intent. This Plan may be amended in any respect deemed
necessary (including retroactively) by the Committee in order to preserve exemption from Section 409A of the Code. A Participant is solely responsible and liable for the satisfaction of all taxes and penalties that may be imposed on such Person
in connection with any distributions to such Person under this Plan (including, without limitation, any taxes and penalties under Section 409A of the Code), and neither the Company nor any Affiliate shall have any obligation to indemnify or
otherwise hold a Participant harmless from any or all of such taxes or penalties. 

  
 5Exhibit 10.2

 

FIRST LOAN MODIFICATION AGREEMENT

(Rosehill Reserve – UDF V Loan #9002)

 

THIS FIRST LOAN MODIFICATION
AGREEMENT (this “Agreement”) is entered into to be effective as of the 5th day of December,
2014 (the “Effective Date”), by and among ROSEHILL RESERVE, LTD., a Texas limited partnership
(“Borrower”), HARRIGAN DEVELOPMENT PARTNERS, LLC, a Texas limited liability company (“General
Partner”), and THOMAS LLOYD HARGROVE, JR., a natural person residing in Harris County, Texas (“Hargrove”,
and together with General Partner, the “Borrower-Related Parties”), and UNITED DEVELOPMENT FUNDING
INCOME FUND V, a Maryland real estate investment trust (“Lender”).

 

RECITALS:

 

A.          On
December 5, 2014, Lender made a loan to Borrower in the original principal amount of $42,372,200.00 (as modified, the “Loan”),
pursuant to that certain Loan Agreement dated effective as of December 5, 2014 (as modified, the “Loan Agreement”)
among Borrower, the Borrower-Related Parties, and Lender.

 

B.          The
Loan is evidenced and secured by, and is subject to, among other things, (i) that certain Secured Promissory Note dated effective
as of December 5, 2014, issued by Borrower and payable to the order of Lender and its assigns in the original principal amount
of $42,372,200.00 (the “Note”); (ii) that certain Deed of Trust, Assignment of Leases and Rents, Security
Agreement and Fixture Filing (the “Deed of Trust”) executed by Borrower, as the grantor thereunder, to
Todd Etter, Trustee for the benefit of Lender and its assigns, recorded on December 12, 2014 in the Official Public Records of
Harris County, Texas as Instrument Number 20140555272, covering certain real property as described therein, and (iii) the other
Loan Documents (as defined in the Loan Agreement).

 

C.           Borrower
has requested that Lender extend the Maturity Date to December 5, 2017 (the “Borrower Request”).

 

D.           Lender
has consented to the Borrower Request provided that Borrower and the Borrower-Related Parties, as applicable, enter into, execute
and deliver to Lender, the following: (i) this Agreement, and (ii) such other agreements, certificates, resolutions, security instruments,
amendments, modifications, and supplements as Lender requires.

 

AGREEMENT:

 

NOW, THEREFORE, for and
in consideration of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender,
Borrower and the Borrower-Related Parties agree as follows:

 

1.           General
Definitions. Capitalized terms used in this Agreement shall have the meanings given to such terms in the Loan Agreement, as
modified by this Agreement.

 

2.           Extension
of Maturity. The Maturity Date is hereby extended to December 5, 2017; subject, however, to the terms and conditions of the
Loan Agreement and the other Loan Documents. Borrower and the Borrower-Related Parties understand and agree that Lender has no
obligation to provide any further extension of the Maturity Date.

 

    	 	1

     

    

 

3.          Costs.
Borrower agrees to pay all costs and expenses incurred by Lender in connection with the transactions contemplated by this Agreement
and the other Loan Documents, including, without limitation, transfer taxes, mortgage taxes, attorneys’ fees, title insurance
policy and/or endorsement charges, recording fees, and reasonable fees and expenses of legal counsel to Lender.

 

4.          Representations.
Borrower and each Borrower-Related Party hereby represent and warrant to Lender that (i) the execution, delivery and performance
of this Agreement and the other Loan Documents have been authorized by all requisite action on the part of Borrower and each Borrower-Related
Party, and concurrently with the execution of this Agreement, Borrower and each Borrower-Related Party have delivered to Lender
resolutions of the general partner and managers and members of Borrower and each Borrower-Related Party, as the case may be, authorizing
this Agreement and the transactions contemplated hereby, and (ii) after giving effect to this Agreement, no Event of Default has
occurred and is continuing and no event or condition has occurred that with the giving of notice or lapse of time or both would
constitute an Event of Default under the Loan Documents.

 

5.         No
Defenses. Borrower and each Borrower-Related Party hereby warrant, represent, and certify to Lender the following facts knowing
that Lender requires, and is relying upon, the warranties, representations, and certifications contained in this paragraph as a
condition to entering into this Agreement: (a) as of the date hereof, neither Borrower nor any Borrower-Related Party has any defense,
right of setoff, counterclaim, claim, or cause of action of any kind or description against Lender related to (i) payment of the
principal sum described in the Note and Loan Documents, (ii) payment of interest under the Note and the Loan Documents, (iii) payment
of any other sums due and payable under the Note or any of the other Loan Documents, (iv) performance of any obligations under
the Loan Documents, or (v) any of Lender’s acts or omissions with respect to the Loan, the Loan Documents or Lender’s
performance under the Loan Documents, and (b) Lender is not in default and no event has occurred which, with the passage of time,
giving of notice, or both, would constitute a default by Lender of Lender’s obligations under the terms and provisions of
the Loan Documents. To the extent Borrower or any Affiliate thereof now has, or in the future possesses, any defenses, rights of
setoff, counterclaims, claims or causes of action against Lender or the repayment of all or a portion of the Loan, whether known
or unknown, fixed or contingent, the same are hereby forever irrevocably waived and released in their entirety.

 

6.         Release.
In consideration of Lender’s agreement to grant the Borrower Request, and the other benefits received by Borrower and each
Borrower-Related Party hereunder, Borrower and each Borrower-Related Party hereby RELEASES, RELINQUISHES and forever DISCHARGES
Lender, as well as its partners and their respective predecessors, successors, assigns, agents, officers, directors, employees
and representatives (collectively, the “Lender Group”) of and from any and all claims, demands, actions and
causes of action of any and all kind and character, whether known or unknown, present or future, which any of them may have against
Lender or any member of the Lender Group arising out of or in any way connected with or in any way resulting from the acts, actions
or omissions of Lender or any member of the Lender Group in connection with the Loan or the Loan Documents, including, without
limitation, any breach of fiduciary duty, breach of any duty of fair dealing, breach of confidence, breach of funding, commitment,
undue influence, duress, economic coercion, conflict of interest, negligence, bad faith, malpractice, violations of any state or
federal usury laws, any violations of federal or state usury laws, any violations of federal or state Fair Debt Collection Practices
Act, any violations of the Real Estate Settlement and Procedures Act, intentional or negligent infliction of mental distress, tortious
interference with contractual relations, corporate governance, or prospective business advantage, breach of contract, deceptive
trade practices, liable, slander, conspiracy or any claim for wrongful accelerating the Note or wrongfully attempting to foreclose
on any collateral relating to the Note, but in each case only to the extent permitted by applicable law.

 

    	 	2

     

    

 

7.          Ratification;
No Waiver. Borrower and the Borrower-Related Parties hereby represent and agree that there are no oral agreements which modify
any of the Loan Documents, and that the Loan Documents, as expressly modified by this Agreement, remain unaltered and in full force
and effect and constitute the entire agreement between Borrower, the Borrower-Related Parties and Lender with respect to the Loan.
Nothing herein shall constitute, and there has not otherwise occurred, any extinguishment or release of the obligations and agreements
of Borrower and the Borrower-Related Parties under the Loan Documents, and nothing herein shall constitute, and there has not otherwise
occurred, any novation with respect to the Note. Borrower and the Borrower-Related Parties do hereby expressly ratify and confirm
that the liens and security interests created by the security instruments, including, without limitation, the Deed of Trust, are
valid and subsisting. Nothing in this Agreement shall be understood or construed to be a satisfaction or release, in whole or in
part, of any obligation of Borrower or the Borrower-Related Parties under the Loan Documents. Without limitation of the foregoing,
Borrower and the Borrower-Related Parties acknowledge and agree that (i) any and all rights, titles, interests and liens securing
the repayment of the Loan, as modified by this Agreement, are hereby reaffirmed, renewed and extended, including, without limitation,
the rights, titles, interests and liens created in the Deed of Trust and the other Loan Documents, and (ii) any Guaranty Agreement
executed by one or more Borrower-Related Parties guaranteeing the payment of the Loan, as modified by this Agreement, is and shall
remain in full force and effect and continues to guaranty and secure the payment of the Loan, as modified by this Agreement. Borrower
and the Borrower-Related Parties hereby agree that nothing herein shall constitute a waiver by Lender of any Event of Default,
whether known or unknown, which may now or hereafter exist. Borrower and the Borrower-Related Parties hereby further agree that
no action, inaction or agreement by Lender, including, without limitation, any extension, indulgence, waiver, consent, or agreement
of modification which may occur or be granted or entered into with respect to nonpayment of the Loan or any portion thereof, or
with respect to matters involving security for the Loan, or with respect to any other matter relating to the Loan, shall require
or imply any future extension, indulgence, waiver, consent, or agreement by Lender, and that Lender has made no agreement, and
is in no way obligated, to grant any future extension, indulgence, waiver, or consent or enter into any further agreement or modification
with respect to the Loan or any matter relating to the Loan.

 

8.          Binding
Effect; Assignment. This Agreement shall be binding on Borrower and the Borrower-Related Parties and their respective successors
and assigns, including, without limitation, any receiver, trustee or debtor in possession of or for Borrower or any Borrower-Related
Party, and shall inure to the benefit of Lender and its successors and assigns. Should the status, composition, structure or name
of Borrower or any Borrower-Related Party change, this Agreement and the other Loan Documents shall continue to be binding upon
such Person and also cover such Person under the new status, composition, structure or name according to the terms hereof and thereof.

 

9.          Captions;
Number or Gender of Words. The captions in this Agreement are for the convenience of reference only and shall not limit or
otherwise affect any of the terms or provisions hereof. Except where the context indicates otherwise, words in the singular number
will include the plural and words in the masculine gender will include the feminine and neutral, and vice versa, when they should
so apply.

 

10.        Counterparts.
This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute but one and the same instrument.

 

    	 	3

     

    

 

11.         Severability.
If any provision of this Agreement shall be held invalid under any applicable laws, then all other terms and provisions of this
Agreement and the Loan Documents shall nevertheless remain effective and shall be enforced to the fullest extent permitted by applicable
law.

 

12.         Amendments;
Waivers. No amendment or waiver of any provision of this Agreement nor consent to any departure here from shall in any event
be effective unless the same shall be in writing and signed by Lender and the affected person, and then such waiver or consent
shall be effective only in the specific instance and for the specific purpose for which given.

 

13.         Cumulative
Remedies. All rights and remedies that Lender is afforded by reason of this Agreement are separate and cumulative with respect
to Borrower, Borrower-Related Parties or any of them and otherwise and may be pursued separately, successively, or concurrently,
as Lender deems advisable. In addition, all such rights and remedies are non-exclusive and shall in no way limit or prejudice Lender’s
ability to pursue any other legal or equitable rights or remedies that may be available to Lender.

 

14.         Construction.
Each party hereto acknowledges that it has participated in the negotiation of this Agreement and each of the parties has had sufficient
time to review this Agreement, have been represented by legal counsel at all times, have entered into this Agreement voluntarily
and without fraud, duress, undue influence or coercion of any kind. No representations or warranties have been made by Lender to
any party expect as set forth in this Agreement.

 

15.         ORAL
AGREEMENTS INEFFECTIVE. THIS AGREEMENT AND THE OTHER “LOAN AGREEMENTS” (AS DEFINED IN SECTION 26.02(A)(2) OF THE
TEXAS BUSINESS & COMMERCE CODE, AS AMENDED) REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES, AND THIS AGREEMENT AND THE OTHER
WRITTEN LOAN AGREEMENTS MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS BETWEEN THE
PARTIES. 

 

[The remainder of this page is left blank
intentionally.]

 

    	 	4

     

    

 

IN WITNESS WHEREOF, the
parties hereto have caused this Agreement to be executed on the 21st day of April, 2015 to be effective as of the Effective Date.

 

BORROWER: 

 

ROSEHILL RESERVE, LTD.,

a Texas limited partnership

 

	By:	Harrigan Development Partners, LLC,	 
	 	a Texas limited liability company	 
	Its:	General Partner	 
	 	 	 
	 	/s/ Thomas Hargrove	 
	 	Thomas Hargrove	 
	 	Partner	 
	 	 	 
	 	/s/ Brian McGown	 
	 	Brian McGown	 
	 	Partner	 

 

    	 	5

     

    

 

BORROWER-RELATED PARTIES:

 

HARRIGAN DEVELOPMENT PARTNERS, LLC,

a Texas limited liability company

 

	 	/s/ Thomas Hargrove	 
	 	Thomas Hargrove	 
	 	Partner	 
	 	 	 
	 	/s/ Brian McGown	 
	 	Brian McGown	 
	 	Partner	 

 

	/s/ Thomas Lloyd Hargrove, Jr.	 
	THOMAS LLOYD HARGROVE, JR.	 

 

    	 	6

     

    

 

LENDER:

 

UNITED DEVELOPMENT FUNDING INCOME FUND V,

a Maryland real estate investment trust

 

	/s/ David A. Hanson	 
	David. A. Hanson	 
	Chief Operating Officer	 

 

    	 	7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00248-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00248-of-00352.parquet"}]]