Document:

Asset
Purchase Agreement

 

THIS
ASSET PURCHASE AGREEMENT (this “Agreement”)
is effective as of the 18th day of August 2017, by and between The Hopp Companies Inc, a New York corporation and Hopp
Management, Inc. a New York corporation (collectively, the “Company”), (the “Seller”), and
Halitron Inc., (“HAON”) a Nevada corporation (the “Buyer”).

 

R
e c i t a l s

 

A.
Seller owns the Company, under the brand “Hopp” (the “Business”).

 

B.
Subject to the terms and conditions of this Agreement, Seller is willing to sell to Buyer, and Buyer is willing to purchase from
Seller, certain assets relating to the Business as set forth herein.

 

NOW,
THEREFORE, in consideration of the foregoing, the benefits to be derived hereunder and the mutual promises contained herein, the
parties hereby agree as follows:

 

A
g r e e m e n t

 

Article
I

 

Purchase
and Sale of Assets and Certain Related Transactions

 

1.1
Purchase and Sale. At the Closing (as defined in Section 3.1 below), Seller will sell to Buyer, and Buyer will
purchase from Seller, upon the terms and subject to the conditions set forth in this Agreement, all of the assets associated with
and/or required to operate the Business, including, without limitation, the following assets:

 

(a)
All of Seller’s rights in and to the trade name “Hopp Companies” (the “Trade Name”); and

 

(b)
All intangible assets associated with the Business, including books of business, proprietary rights, phone numbers, trade secrets,
domain names, business records, customer relationships, contracts and goodwill (the “Intangible Assets”).

 

(c)
See Exhibit A for a complete list of the assets being acquired, including the Trade Name, Intangible Assets and the tangible
assets (hereinafter, collectively, as the “Assets”).

 

1.2
Seller’s Debts, Liabilities and Obligations. Except as specifically set forth on Exhibit B, the
parties hereby acknowledge and agree that all debts, claims, obligations and liabilities whatsoever of Seller shall be the sole
responsibility of Seller, and that Buyer is not assuming, and shall not be obligated or deemed to assume, any debt, claim or liability
of Seller or any debt, claim or liability associated with the Business or the Assets except those specifically set forth on Exhibit
B.

 

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ARTICLE
II

 

PURCHASE
PRICE

 

2.1
Purchase Price. Buyer shall pay to Seller for the Assets the amount of Seven Hundred Thousand Dollars ($700,000.00)
(the “Purchase Price”) to be paid at the Closing or as separately agreed to by the parties.

 

2.2
Closing Costs. Each party shall bear its own closing costs, including without limitation attorneys’ and
accountants’ fees and costs, where applicable. Without limiting the generality of the foregoing, Seller shall be solely
responsible for any brokerage fees or sales commissions incurred by Seller in connection with the transactions contemplated by
this Agreement. The Buyer shall be responsible for all attorneys’ and accountants’ fees and costs, or another other
fees for the Buyer and Seller related to the 3a10 fairness hearing and related documents accompanying such a process.

 

ARTICLE
III

 

CLOSING

 

3.1
Closing Date. The closing of the transactions contemplated herein shall occur via email and escrow on or about September
5, 2017, which date is the date the 3a10 is approved and the first payment is made of the Purchase Price (the “Closing”).

 

3.2
Closing Deliveries by Buyer to Seller. At the Closing, Buyer shall deliver, or cause to be delivered to Seller, the
following, each in form and substance reasonably satisfactory to Seller:

 

(a)
A certificate, executed by Buyer, dated as of the Closing, certifying that the conditions specified in Section 7.3 have been fulfilled;
and

 

(b)
The Payment of the Purchase Price as specified in Section 2.1 shall be processed with the Buyer’s transfer agent for the
timely issuance and receipt of the Payment by the Seller.

 

3.3
Closing Deliveries by Seller to Buyer. At the Closing, Seller shall deliver, or cause to be delivered, to Buyer the
following, each in form and substance reasonably satisfactory to Buyer:

 

(a)
An Assignment and Bill of Sale, a copy of which is attached hereto as Exhibit C;

 

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(b)
An Assignment of Intangible Assets, a copy of which is attached hereto as attached as Exhibit D;

 

(c)
An Assumption of the Liabilities, a copy of which is attached hereto as attached as Exhibit E

 

(d)
Any other documentation reasonably required to fully vest title to the Assets in Buyer; and

 

(e)
A certificate, executed by Seller, dated as of the Closing, certifying that the conditions specified in Section 7.2 have been
fulfilled.

 

ARTICLE
IV

 

REPRESENTATIONS
AND WARRANTIES OF THE SELLER

 

Seller
hereby represents and warrants to Buyer that the following statements are correct and complete in all material respects as of
the date hereof and as of Closing, which representations and warranties shall survive Closing:

 

4.1
Organization. Seller is a corporation company, duly organized, validly existing and in good standing under the laws
of the State of New York.

 

4.2
Authorization. Seller has all necessary power and authority to execute and deliver this Agreement and the documents
and agreements contemplated hereby, to consummate the transactions contemplated hereby and thereby, and to perform its obligations
hereunder and thereunder. This Agreement has been duly and validly approved by all necessary action on the part of Seller, has
been duly executed and delivered by Seller and constitutes a valid and binding obligation of Seller, enforceable against it in
accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws
relating to creditor’s rights generally or by equitable principles (whether considered in an action at law or in equity)
and other customary limitations on enforceability.

 

4.3
Title to Assets. Seller has and will convey to Buyer good and marketable title to all the Assets, free and clear
of any security interest, claim, lien or encumbrance.

 

4.4
Consents and Approvals. No consent, approval or authorization of, or declaration, filing or registration with
any governmental or regulatory authority, or any other person or entity, is required to be made or obtained by Seller in connection
with the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby.

 

4.5
Legal Proceedings. There are no claims, actions, suits or proceedings or arbitrations, either administrative or judicial,
pending, or, to the knowledge of Seller, overtly threatened against or affecting the Business, Seller, or the Assets, or Seller’s
ability to consummate the transactions contemplated herein, at law or in equity or otherwise, before or by any court or governmental
agency or body, domestic or foreign, or before an arbitrator of any kind.

 

    	 	3	 

    	 	 	 

    

 

4.6
Taxes. Seller has, in respect of the Business, filed all tax returns that are required to be filed and has paid all
taxes that have become due pursuant to such tax returns or pursuant to any assessment that has become payable or for which Buyer
may otherwise have any transferee liability. All monies required to be withheld by Seller from employees of the Business for income
taxes and social security and other payroll taxes have been collected or withheld, and either paid to the respective governmental
bodies or set aside in accounts for such purpose.

 

4.7
Trademarks. Seller does not own any registered trademarks or “DBA” name in connection with the Business.
The Seller has used various trademarks and, as used, has incorporated the “TM” to indicate that certain words
have been used by the Seller in its business and that they have not been registered. No royalty is payable to any person as a
result of, or with respect to, the use of any trademarks, trade names or other intellectual property to the best of Seller’s
knowledge. To the actual knowledge of Seller, the operation of the Business as currently conducted does not infringe, misappropriate
or conflict with any intellectual property right or other legally protectable right of another person. Seller has not received
any notice of any claim by another person contesting the validity, enforceability, use or ownership of any of its trademarks or
trade names.

 

4.8
Disclosure. There are no material facts relating to the Business or the Assets that have not been disclosed to Buyer,
and Buyer has undertaken all reasonable due diligence.

 

4.9
No Untrue Statement. To the knowledge of Seller, none of the representations and warranties in this Article IV or made
by Seller elsewhere in this Agreement contains any untrue statement of material fact or omits to state a material fact necessary,
in light of the circumstances under which it was made, in order to make any such representation not misleading in any material
respect.

 

ARTICLE
V

 

REPRESENTATIONS
AND WARRANTIES OF BUYER

 

Buyer
hereby represents and warrants to Seller that the following statements are correct and complete in all material respects as of
the date hereof and as of Closing, which representations and warranties shall survive Closing:

 

5.1
Organization. Buyer is a corporation, duly organized, validly existing and in good standing under the laws of
the State of Nevada.

 

5.2
Authorization. Buyer has all necessary company power and authority to execute and deliver this Agreement and
the documents and agreements contemplated hereby, to consummate the transactions contemplated hereby and thereby, and to perform
its obligations hereunder and thereunder. This Agreement has been duly and validly approved by all necessary company action on
the part of Buyer, has been duly executed and delivered by Buyer and constitutes a valid and binding obligation of Buyer, enforceable
against it in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar laws relating to creditor’s rights generally or by equitable principles (whether considered in an action at law
or in equity) and other customary limitations on enforceability.

 

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5.3
Consents and Approvals. No consent, approval or authorization of, or declaration, filing or registration with
any governmental or regulatory authority, or any other person or entity, is required to be made or obtained by Buyer in connection
with the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby other
than the 3a10 fairness hearing and related documents accompanying such a process.

 

5.4
No Untrue Statement. To the knowledge of Buyer, none of the representations and warranties in this Article V or made
by Buyer elsewhere in this Agreement contains any untrue statement of material fact or omits to state a material fact necessary,
in light of the circumstances under which it was made, in order to make any such representation not misleading in any material
respect.

 

ARTICLE
VI

 

COVENANTS

 

6.1
Conduct of Business. Prior to the Closing, except as otherwise required by applicable law or as consented to in writing
by the parties, Seller shall conduct the Business in the ordinary course of business. Prior to the Closing, Seller shall use all
reasonable efforts to (1) preserve the possession and control of all of the Assets and the Business; (2) to preserve the good
will of suppliers, customers, staff and employees of the Business and others having business relations with Seller; and (3) keep
and preserve the Business as existing on the date of this Agreement.

 

6.2
Commercially Reasonable Efforts. Subject to the terms and conditions set forth in this Agreement, Seller and Buyer
shall use commercially reasonable efforts (subject to, and in accordance with, applicable law) to take, or cause to be taken,
all actions, and to do, or cause to be done, and to assist and cooperate with the other parties hereto in doing, all things necessary,
proper or advisable under applicable laws to consummate, and make effective, in the most expeditious manner practicable, the transactions
contemplated by this Agreement, and no party hereto shall take or cause to be taken any action which would reasonably be expected
to prevent, impede or delay the consummation of the transactions contemplated by this Agreement.

 

6.3
Further Assurances. Each party shall cooperate in good faith with the other and shall take all appropriate action
and execute any documents, instruments, assignments, assumptions or conveyances of any kind which may reasonably be necessary
or advisable to carry out any of the transactions contemplated hereunder, including without limitation any vehicle registrations.
The parties shall cooperate in providing such information as may be necessary to be in compliance with relevant sections of the
Internal Revenue Code.

 

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6.4
Risk of Loss. Until Closing, all risk of loss or damage to the Assets shall be borne by Seller, and thereafter shall
be borne by Buyer.

 

6.5
Delivery. Seller shall deliver possession of all Assets to Buyer at Closing.

 

6.6
Indemnification. Seller will not have any obligation to indemnify Buyer with respect to any loss until Buyer shall
have suffered aggregate losses relating thereto in excess of $10,000, at which point Seller will be obligated to indemnify Buyer
for the amount of such losses in excess of $10,000.

 

(a)
Indemnification by Seller. Seller shall defend, indemnify and hold harmless Buyer and each of Buyer’s officers,
directors, members, shareholders, employees, counsel, agents, and their respective successors and assigns (collectively, the “Buyer
Indemnitees”) from and against, and shall reimburse the Buyer Indemnitees for, each and every any loss, damage, injury,
harm, detriment, , liability, claim, demand, cost of any legal proceeding, settlement, judgment, award, fine, penalty, tax, fee,
charge, cost or expense (including, without limitation, costs associated with avoiding any of the foregoing, and the fees, disbursements
and expenses of attorneys, accountants and other professional advisors) (“Loss”) incurred by any Buyer Indemnitee,
directly or indirectly, arising out of or in connection with: (i) any material inaccuracy in any representation or warranty of
Seller hereunder; (ii) any material breach or nonfulfillment of any covenant, agreement or other obligation of Seller under this
Agreement or any related documents; (iii) any liability or similar claim not assumed by Buyer pursuant to the provisions of this
Agreement and arising from the business operations of the Business prior to Closing; or (iv) any debt, liability, or other obligation
of Seller unrelated to the Business.

 

(b)
Indemnification by Buyer. Buyer shall defend, indemnify and hold harmless Seller and each of Seller’s officers,
directors, shareholders, employees, counsel, agents, and their respective successors and assigns (collectively, the “Seller
Indemnitees”) from and against, and shall reimburse the Seller Indemnitees for, each and every Loss (as defined above)
incurred by any Seller Indemnitee, directly or indirectly, arising out of or in connection with: (i) any material inaccuracy in
any representation or warranty of Buyer hereunder; (ii) any material breach or nonfulfillment of any covenant, agreement or other
obligation of Buyer under this Agreement or any related documents; (iii) any and all liability assumed by Buyer pursuant to the
provisions of this Agreement; and (iv) any liability or similar claim arising from the business operations of the Business after
Closing.

 

(c)
Indemnification Procedure. If any Proceeding shall be brought or asserted against a party entitled to indemnification
(or any successor thereto) pursuant to Sections 6.7(a) or (b) (each, an “Indemnitee”) in respect of which indemnity
may be sought under this Section 6.7 from an indemnifying party or any successor thereto (each, an “Indemnitor”),
the Indemnitee shall give prompt written notice of such Proceeding to the Indemnitor. The Indemnitee shall, reasonably and in
good faith, assist and cooperate in the defense thereof. Notwithstanding anything herein to the contrary, the Indemnitor shall
not, without the Indemnitee’s prior written consent, settle or compromise any Proceeding or consent to the entry of judgment
with respect thereto, but such consent shall not be unreasonably withheld.

 

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ARTICLE
VII

 

CONDITIONS

 

7.1
Conditions to Each Party’s Obligations under this Agreement. The respective obligations of each party to effect
the transactions contemplated by this Agreement shall be subject to the fulfilment or waiver in writing by mutual agreement of
the parties at or prior to Closing of the following conditions:

 

(a)
None of the parties shall be subject to any decree, order or injunction of a United States federal or state court or foreign court
of competent jurisdiction, which prohibits the consummation of the transactions contemplated by this Agreement, and no statute,
rule or regulation shall have been enacted by any governmental authority which prohibits or makes unlawful the consummation of
the transactions contemplated by this Agreement.

 

(b)
No action, suit, investigation or proceeding before any governmental authority seeking to prevent or prohibit the consummation
of the transactions contemplated by this Agreement shall be pending.

 

7.2
Conditions to Obligations of Seller under this Agreement. The obligation of Seller to effect the transactions contemplated
by this Agreement shall be subject to the fulfilment or waiver in writing by Seller at or prior to the Closing of the following
conditions:

 

(a)
Buyer shall have performed in all material respects Buyer’s covenants and agreements contained in this Agreement required
to be performed on or prior to the Closing.

 

(b)
The representations and warranties of Buyer contained in this Agreement and in any document delivered in connection herewith shall
be true and correct in all respects as of the Closing.

 

(c)
Buyer shall have made or caused to be made all deliveries required by Section 3.2 of this Agreement.

 

(d)
Buyer shall attest to its due diligence and confirm that it has had an adequate opportunity to review all documents material to
this transaction.

 

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7.3
Conditions to Obligations of Buyer under this Agreement. The obligation of Buyer to effect the transactions contemplated
by this Agreement shall be subject to the fulfilment or waiver in writing by Buyer at or prior to the Closing of the following
conditions:

 

(a)
Seller shall have performed in all material respects its covenants and agreements contained in this Agreement required to be performed
on or prior to the Closing.

 

(b)
The representations and warranties of Seller contained in this Agreement and in any document delivered in connection herewith
shall be true and correct in all respects as of the Closing.

 

(c)
Since the date of this Agreement, there shall not have occurred and be continuing material adverse effect to the Assets or the
Business within the Seller’s control.

 

(d)
Seller shall have made all deliveries required by Section 3.3 of this Agreement.

 

(e)
There must not have been made or threatened by any person any claim asserting that such person (a) is the holder or the beneficial
owner of, or has the right to acquire or to obtain beneficial ownership of the Assets or (b) is entitled to all or any portion
of the Purchase Price payable for the Assets.

 

(f)
Buyer shall have obtained all necessary third-party and governmental consents, authorizations, licenses and/or permits to the
sale of the Assets, including, without limitation, all appropriate licenses or permits as determined by Buyer in its sole discretion.

 

ARTICLE
VIII

 

RESTRICTIVE
COVENANTS

 

8.1
Non-Solicitation Covenants. Seller agrees and promises that, except with the express written consent of Buyer, the
Seller, the Seller’s owner, or spouse will directly or indirectly, alone or in concert with others, for any or no reason,
do or undertake any of the following activities at any time after the Closing for the maximum time as permitted by law:

 

(a)
solicit, divert, accept business from or otherwise take away or interfere with any customers of the Business; or

 

(b)
solicit, divert or induce any of Buyer’s employees to leave Buyer’s employment; or

 

(c)
solicit, divert or induce any of Buyer’s contractors or outside consultants to terminate their contractual relationship
with Buyer.

 

    	 	8	 

    	 	 	 

    

 

8.2
Non-Competition Covenants. Seller agrees and promises that, except with the express written consent of Buyer, the Seller,
the Seller’s owner, or spouse will directly or indirectly, alone or in concert with others for any or no reason, do or undertake
any of the following activities for five (5) years (or such lesser time as permitted by law) beginning effective as of Closing:
operate or conduct a Competitive Business, whether as an owner, part-owner, affiliate, partner, agent, joint venturer, investor
or in any other capacity. “Competitive Business” refers to any point of purchase supply and promotional product
supply business or those products under development that are not a result of the Intellectual Property of the Company and have
been disclosed in general terms to the Company as of the execution of this document.

 

8.3
Reasonableness of Restrictions. Seller hereby represents and warrants to Buyer that it has carefully considered the
provisions of this Article VIII and agree that the restrictions set forth, including without limitation the time period and definition
of Competitive Business, are reasonable and restrict Seller’s and its affiliates’ rights to compete only to the extent
necessary to protect the valid and legitimate business interests of Buyer. Seller further represents and warrants to Buyer that
the Seller understands the legal and other consequences of entering into the promises and agreements contained in this Article
VIII. If any restriction, including without limitation, any time restriction, contained in this Article VIII is deemed to be unenforceable
by a court of competent jurisdiction, the parties hereto agree that such court may modify and enforce such restrictions to the
extent it determines to be reasonable under the circumstances existing at that time.

 

8.4
Injunction. In the event of a breach or threatened breach by Seller of the provisions of this Article VIII, Buyer shall
be entitled to an injunction restraining Seller as the case may be, from engaging in the competitive activities proscribed by
this article. The Parties further agree that a violation of such provisions will cause immediate and irreparable damage to Buyer.
Nothing contained in this Article VIII shall prohibit Buyer from also pursuing any other remedies available at law, and no action
by Buyer in pursuing any other remedies shall constitute an election to forego other remedies.

 

8.5
Survival of Protections. The covenants and agreements contained in this Article VIII shall survive the termination
or expiration of this Agreement.

 

8.6
Employees. Seller will use commercially reasonable effort to have the Assumed Employees (listed on Exhibit B) execute
prior to or at closing a non-disclosure, confidentiality and non-solicitation agreement prepared by the Buyer, which in sum and
substance shall state that the employee will agree that so long as they are employed by Buyer and thereafter for a period of two
(2) years following their voluntary or involuntary termination, (i) they will not, directly or indirectly, on their own behalf
or on behalf of any person, firm, entity, company or corporation, solicit or divert, or attempt to solicit or divert, the business
of any client, (ii) will not induce to reduce or terminate any client’s relationship with Buyer or otherwise interfere with
the relationship between Buyer and any of its clients and (iii) to hold all clients and client’s information in the strictest
confidence and, unless Buyer gives them prior written consent to do so, not to disclose any such information (except for use as
required in performance of my duties for the Buyer).

 

    	 	9	 

    	 	 	 

    

 

Seller
shall pay $10,000 per Assumed Employee to sign the non-complete, non-solicitation agreement from the proceeds of the Purchaser
Price at Seller’s timing discretion if the proceeds are not paid in full at the time of closing. If the Purchase Price is
paid in payments, at the discretion of the Seller and once the Assumed Employees are fully paid, the non-complete, non-solicitation
agreement will go into effect.

 

ARTICLE
IX

 

TERMINATION

 

9.1
Termination by Consent. This Agreement may be terminated at any time prior to the Closing by the written agreement
of Seller and Buyer.

 

9.2
Termination by Seller or Buyer. At any time prior to Closing, this Agreement may be terminated by Seller or Buyer,
if a United States federal or state court of competent jurisdiction or United States governmental authority shall have issued
an order, decree or ruling or taken any other action (including the enactment of any statute, rule, regulation, decree or executive
order) permanently restraining, enjoining or otherwise prohibiting the transactions contemplated by this Agreement (the “Restraining
Order”) and such Restraining Order shall have become final and non-appealable; provided, however, that
(i) the factual basis for the Restraining Order shall not be or relate to the breach of any representation, warranty, covenant
or agreement set forth in this Agreement by the party seeking to terminate the Agreement under this Section and (ii) the party
seeking to terminate this Agreement pursuant to this Section shall have complied in all material respects with Section 6.2 and
shall have used its commercially reasonable efforts to remove such injunction, order or decree.

 

9.3
Termination by Seller. At any time prior to Closing, this Agreement may be terminated by Seller if (i) there has been
a material breach by Buyer of any representation, warranty, covenant or agreement set forth in this Agreement or if any representation
or warranty of Buyer shall have become untrue in any material respect, in either case such that the conditions set forth in Section
7.2 would not be satisfied and (ii) such breach is not curable, or, if curable, is not cured within thirty (30) days after written
notice of such breach is given to Buyer by Seller; provided, however, that the right to terminate this Agreement
pursuant to this Section shall not be available to Seller if Seller, at such time, is in material breach of any representation,
warranty, covenant or agreement set forth in this Agreement such that the conditions set forth in Section 7.3 shall not be satisfied.

 

    	 	10	 

    	 	 	 

    

 

9.4
Termination by Buyer. At any time prior to Closing, this Agreement may be terminated by Buyer if (i) there has been
a material breach by Seller of any representation, warranty, covenant or agreement set forth in this Agreement or if any representation
or warranty of Seller shall have become untrue in any material respect, in either case such that the conditions set forth in Section
7.3 would not be satisfied and (ii) such breach is not curable, or, if curable, is not cured within thirty (30) days after written
notice of such breach is given to Seller by Buyer; provided, however, that the right to terminate this Agreement
pursuant to this Section shall not be available to Buyer if Buyer, at such time, is in material breach of any representation,
warranty, covenant or agreement set forth in this Agreement such that the conditions set forth in Section 7.2 shall not be satisfied.

 

9.5
Termination Due to Missed Payment. If pursuant to this Agreement or the Claims Purchase Agreement executed by the parties
and Buyer’s lender in connection with this Agreement, if the nine (9) partial payments of the Purchase Price hereunder are
not made as required by the the Claims Purchase Agreement, and such partial payments have not been made within six (6) months
of Closing, this Asset Purchase Agreement shall become null and void, and any and all Assets and Liabilities will automatically
and immediately revert back to the Company, or if the Company is then dissolved, to Robert Hopp or his assignees, successors or
heirs pursuant to his last will and testament, and the Seller shall retain any and all payments paid to Seller as liquidated damages,
it being agreed that Seller’s damages in case of Buyer’s willful default might be impossible to ascertain and that
the receipt of the partial payments constitute a fair and reasonable amount of damages under the circumstances and is not a penalty.
This Section 9.5 shall survive the termination or expiration of this Agreement.

 

ARTICLE
X

 

MISCELLANEOUS

 

10.1
Tax and Information Returns. The parties shall reflect the allocations of the Purchase Price set forth in any
and all applicable tax and information returns.

 

10.2
Confidentiality. Each Party shall use all information that it obtains from the others pursuant to this Agreement solely
for the effectuation of the transactions contemplated by this Agreement or for other purposes consistent with the intent of this
Agreement and shall not use any of such information for any other purpose, including, without limitation, the competitive detriment
of the other Parties. Each Party may disclose such information to its/their respective affiliates, counsel, accountants, tax advisors
and consultants as necessary to consummate this transaction. This provision shall not prohibit the use or disclosure of confidential
information pursuant to court order or which has otherwise become publicly available through no fault of the recipient Party.

 

10.3
Notices. All notices, requests, consents and demands shall be given to or made upon the parties at their respective
addresses set forth below, or at such other address as a party may designate in writing delivered to the other parties. Unless
otherwise agreed in this Agreement, all notices, requests, consents and demands shall be given or made by personal delivery with
signature required, by confirmed air courier, or by certified first class mail, return receipt requested, postage prepaid, to
the party addressed as aforesaid. If sent by confirmed air courier, such notice shall be deemed to be given upon the earlier to
occur of the date upon which it is actually received by the addressee as confirmed by the air courier (or if the date of such
confirmed delivery is not a business day, the next succeeding business day). If mailed, such notice shall be deemed to be given
upon the earlier to occur of the date upon which it is actually received by the addressee or the third business day following
the date upon which it is deposited in a first-class postage-prepaid envelope in the United States mail addressed to such address.

 

    	 	11	 

    	 	 	 

    

 

	If
    to Seller:	 	Robert
    Hopp
	 	 	562
    Roosevelt Way
	 	 	Westbury,
    NY 11590
	 	 	 
	And
    to:	 	Mehran
    & Gretah, PLLC
	 	 	1225
    Franklin Avenue, Suite 325
	 	 	Garden
    City, NY 11530
	 	 	 
	If
    to Buyer:	 	Halitron
    Inc.
	 	 	Attn:
    Bernard Findley
	 	 	3
    Simm Lane
	 	 	Suite
    2F
	 	 	Newtown,
    CT 06470

 

10.4
Assignment. Without the prior written consent of the other party, the benefits of this Agreement may not be
assigned or in any other manner transferred and the obligations may not be delegated. Subject to the foregoing limitation on assignment
and delegation, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective personal
representatives, successors and assigns, and no other person shall have any right, benefit or obligation hereunder.

 

10.5
Choice of Law; Venue. This Agreement shall be construed in accordance with, and governed by, the substantive
laws of, the State of New York, without reference to principles governing choice or conflicts of laws. Venue for any action hereunder
shall lie exclusively in the courts of the State of New York, County of Nassau and/or the United States District Court for the
Eastern District of New York

 

10.6
Severability. In the event any one or more of the provisions contained in this Agreement shall for any reason
be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect
the validity of any other provision hereof and this Agreement shall be construed as if such invalid, illegal or unenforceable
provision were not contained herein; provided that the Agreement as so modified preserves the basic intent of the parties.

 

10.7
Dispute Resolution. Any and all disputes arising in connection with this Agreement, whether the dispute arise from
the terms and conditions of this Agreement or payment from one Party to another Party, for Products and/or Services, or any other
reason, shall be resolved as set forth below.

 

    	 	12	 

    	 	 	 

    

 

a)
Negotiation. Any dispute regarding this Agreement, or arising out of this Agreement, shall first be submitted by the complaining
Party in writing (the “Initial Notice”) to the other Party for negotiation and resolution. The Parties shall
attempt in good faith to resolve any dispute.

 

b)
Mediation. In the event that any dispute is not resolved by negotiation within ninety (90) days from the date of the Initial
Notice, the Parties agree to submit the dispute to mediation. The Parties further agree that their participation in mediation
is a condition precedent to any Party commencing any suit or other legal proceeding in relation to the dispute. Either Party to
the dispute may give written notice to the other Party of his or her desire to commence mediation within ninety (90) days of the
Initial Notice and the mediation must take place within thirty (30) days after the date that such notice of intention to mediate
is given.

 

If
the any dispute is not resolved by mediation, any action, suit, or other legal proceeding which is commenced by a Party against
the other Party, to resolve any matter arising under or relating to any provision of this Agreement shall be commenced only in
the State of New York, County of Nassau, USA, and each party consents to the jurisdiction and agrees that legal process may be
served by United States certified mail, return receipt requested or Federal Express. Venue for any such action shall be in Nassau
County, State of New York, USA.

 

10.8
Captions. The captions used herein are for ease of reference only and shall not define or limit the provisions
hereof.

 

10.9
Sale of Assets and Assumption of Liabilities. This Agreement constitutes a sale of the Assets only and is not
a sale of any interest in Seller. Buyer is not assuming and shall not be responsible for the payment of any liabilities or obligations
of Seller whatsoever, except as expressly set forth herein.

 

10.10
Enforcement. In the event of a dispute between the parties arising under this Agreement, the party prevailing
in such dispute shall be entitled to collect such party’s costs from the other party, including without limitation court
costs and reasonable attorneys’ fees, whether such sums are expended with or without suit, at trial or on appeal.

 

10.11
Entire Agreement; Amendments. This Agreement and the exhibits attached hereto constitute the entire agreement
between the parties hereto with respect to the subject matter contained herein, and there are no covenants, terms or conditions,
express or implied, other than as set forth or referred to herein. This Agreement supersedes all prior agreements between the
parties hereto relating to all or part of the subject matter herein. No representations, oral or written, modifying or contradicting
the terms of this Agreement have been made by any party except as contained herein. This Agreement may not be amended, modified
or canceled except as provided herein or by written agreement of the parties signed by the party against whom enforcement is sought.

 

    	 	13	 

    	 	 	 

    

 

10.12
Counterparts. Any number of counterparts of this Agreement may be signed and delivered and each shall be considered
an original and together they shall constitute one agreement.

 

10.13
Survival. All of the covenants, representations and warranties contained in this Agreement shall survive the Closing
and shall not be merged therein.

 

    	 	14	 

    	 	 	 

    

 

In
Witness Whereof,
the parties hereto have caused this Agreement
to be executed as of the day and year first above written.

 

	 	SELLER:
	 	 	 
	 	The
    Hopp Companies, Inc.
	 	Hopp
    Management, Inc.
	 	 	 
	 	 	/s/
    Robert Hopp
	 	By:	Robert
    Hopp
	 	Its:	President
	 	 	 
	 	BUYER:
	 	 	 
	 	Halitron
    Inc.
	 	 	/s/ Bernard
    Findley
	 	By:	Bernard
    Findley
	 	Its:	Chairman

 

[additional
signatures on next page]

 

    	 	15	 

    	 	 	 

    

 

CONSENT
AND AGREEMENT

 

The
undersigned, constituting all of the shareholders, directors, and officers of The Hopp Companies, Inc., a New York corporation
company hereby executes this Agreement for the sole purpose of acknowledging their consent to and agreement to be bound by the
provisions of Article VIII of this Agreement, and to otherwise memorialize their consent to entering into this Agreement dated
August 18, 2017.

 

	 	 	/s/
    Robert Hopp
	 	Name:	Robert
    Hopp
	 	Title:
    	President
    and sole shareholder

 

    	 	16	 

    	 	 	 

    

 

CONSENT
AND AGREEMENT

 

The
undersigned, constituting all of the shareholders, directors, and officers of Hopp Management, Inc., a New York corporation company
hereby executes this Agreement for the sole purpose of acknowledging their consent to and agreement to be bound by the provisions
of Article VIII of this Agreement, and to otherwise memorialize their consent to entering into this Agreement dated August 18,
2017.

 

	 	 	/s/
    Robert Hopp
	 	Name:
    	Robert
    Hopp
	 	Title:	President
    and sole shareholder

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
A

 

Assets

 

All
Assets including but not limited to:

 

Cash

Accounts
Receivables

Customer
and Vendor Contact Lists

Inventory

Fixed
Assets and Equipment

Websites

Intellectual
Property and Trademarks

All
leases and business contracts.

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
B

 

Assumed
Debts, Liabilities and Obligations

 

	●	Liabilities
    arising under the following invoices:

 

	 	●	See
    Attached list of Accounts Payable
	 	 	 
	 	●	Up
    to $10,000 in the aggregate for all invoices not identified above which were validly existing prior to August 18, 2017, which
    Seller provides to Buyer within 60 days after Closing.
	 	 	 
	 	●	All
    Liabilities associated with issued Purchase Orders to vendors which were validly existing prior to August 18th,
    2017, specifically relating to the following identified Purchase Orders of the Business on the Attached list.

 

	●	All
    Business debts, claims, obligations and liabilities relating to any Business employee benefits and severance and related human
    resources expenses, specifically relating to the following identified “Assumed Employees” of the Business.

 

Assumed
Employees:

 

Rose
Fontana

Joseph
Fontana

Adolfo
Garcia

Marvin
Osorio

 

Other
Employees:

 

Pedro
Bruno

Edvin
Garcia

Luis
Gaskin

Cornelio
Giron

Jose
A Gomez

Jose
S Gomez

 

For
clarity, the parties agree that $110,000.00 of debts, liabilities, and obligations of The Hopp Companies, Inc and Hopp Management,
Inc. will not be deemed to be assumed by Buyer and Buyer shall pay up to $110,000.00 of the Accounts Payable attached hereto.

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
C

 

Assignment
& Bill of Sale

 

    	 	 	 

    	 	 	 

    

 

ASSIGNMENT
AND BILL OF SALE

 

For
good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, The Hopp Companies Inc, a New York
corporation and Hopp Management, Inc. New York Corporation (“Assignor”), does hereby grant, bargain, transfer,
sell, assign, convey and deliver to Halitron Inc., (“HAON”) a Nevada corporation , or its assigns (“Assignee”),
free and clear of any and all liens, encumbrances, charges or claims, as such terms are defined in the Asset Purchase Agreement
between the parties of even date herewith. Assignor, for itself, its successors and assigns, hereby covenants and agrees that,
at any time and from time to time forthwith upon the written request of Assignee, at no additional cost to Assignor, Assignor
will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, each and all of such further
acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may reasonably be required by Assignee
in order to assign, transfer, set over, convey, assure and confirm unto and vest in Assignee, its successors and assigns, title
to the assets sold, conveyed, transferred and delivered by this Assignment and Bill of Sale.

 

This
Assignment and Bill of Sale is being executed and delivered by Assignor pursuant to the terms of the Asset Purchase Agreement
executed between the parties simultaneously herewith.

 

Executed
effective as of the 18th day of August 2017.

 

	 	ASSIGNOR:
	 	 	 
	 	The
    Hopp Companies, Inc.
	 	Hopp
    Management, Inc.
	 	 	 
	 	By:	Robert
    Hopp
	 	Its:	President

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
D

 

Assignment
of Tangible and Intangible Assets

 

    	 	 	 

    	 	 	 

    

 

ASSIGNMENT
OF TANGIBLE AND INTANGIBLE ASSETS

 

This
ASSIGNMENT OF TANGIBLE AND INTANGIBLE ASSETS (the “Assignment”) is made effective as of the 18th day of August, 2017,
by and between The Hopp Companies Inc, a New York corporation and Hopp Management, Inc. New York corporation, (“Assignor”),
and to Halitron Inc., (“HAON”) a Nevada corporation (“Assignee”).

 

R
E C I T A L S

 

A.
Pursuant to the Asset Purchase Agreement (the “Purchase Agreement”) of even date herewith, by and among Assignor
and Assignee, Assignor is assigning the Assets (as defined in the Purchase Agreement) to Assignee.

 

B.
Included within the Assets being assigned to Assignee, and subject to the terms of the Purchase Agreement, Assignor is also assigning
to Assignee all of its rights, title and interest in and to the tangible and intangible assets associated with the business of
Assignor, including all books of business, proprietary rights, phone numbers, trade secrets, domain names, business records, customer
relationships, contracts and goodwill and all of Assignor’s rights in and to the trade names (the “Assets”).

 

C.
Pursuant to the terms of the Purchase Agreement, Assignor has agreed to transfer to Assignee all of the Assets, and Assignor now
desires to enter into this Assignment in order to transfer such right, title and interest to Assignee.

 

NOW,
THEREFORE, for and in consideration of the foregoing premises and the undertakings set forth below, Assignor hereby agrees as
follows:

 

A
G R E E M E N T

 

1.
Assignor hereby grants, transfers, assigns and conveys to Assignee, absolutely and unconditionally, free and clear of all liens,
encumbrances, mortgages or any other type of security interest, all of its right, title and interest in and to all of the Assets.

 

2.
Assignor transfers such Assets to Assignee, its successors and assigns, to have and to hold to and for its and their own use and
benefit forever. Assignor, for itself and its successors and assigns, hereby covenants that, from time to time after delivery
of this instrument, at Assignee’s request and without further consideration, at no additional cost to Assignor, Assignor
will execute and deliver, or will cause to be executed and delivered, such other instruments of conveyance and transfer and take
such other actions as Assignee reasonably may require (such as, but not limited to, assisting with the transfer of any business
accounts, such as a telephone account) to more effectively vest in the Assignee the Assets and to put Assignee in possession of
the Assets, and to do all other things and execute and deliver all other instruments and documents as may be required to effect
the same.

 

3.
This Assignment shall be construed in accordance with, and governed by, the laws of the State of New York, without regard to its
conflict of laws doctrine. Assignor consents and submits to the exclusive jurisdiction of the state courts located in Nassau County,
State of New York, for any disputes or controversies arising out of this Assignment.

 

    	 	 	 

    	 	 	 

    

 

IN
WITNESS WHEREOF, Assignor has executed this Assignment effective as of the date first written above.

 

	 	ASSIGNOR:
	 	 	 
	 	The
    Hopp Companies, Inc.
	 	Hopp
    Management, Inc.
	 	 	 
	 	By:	Robert
    Hopp
	 	Its:	President

 

    	 	 	 

    	 	 	 

    

 

EXHIBIT
E

 

Assignment
and Assumption Agreement

(pursuant
to Asset Purchase Agreement)

 

This
Assignment and Assumption Agreement (the “Assignment and Assumption Agreement”) is made and entered into as of August
18th, 2017, The Hopp Companies Inc, a New York corporation and Hopp Management, Inc. New York corporation, (“Assignor”),
and to Halitron Inc., (“HAON”) a Nevada corporation (“Assignee”).

 

WHEREAS,
Assignor and Assignee are parties to that certain Asset Purchase Agreement dated as of August 18th, 2017 (the “Purchase
Agreement”), pursuant to which Assignee has purchased substantially all of the assets of Assignor; and

 

WHEREAS,
pursuant to the Purchase Agreement, Assignor has agreed to assign certain rights and agreements to Assignee, and Assignee has
agreed to assume certain obligations of Assignor, as set forth herein, and this Assignment and Assumption Agreement is contemplated
by Section 1.1, 1.2, 2.1, 3.2, 3.3, 8.6 among others of the Purchase Agreement;

 

NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants contained herein, and for other good and valuable
consideration, the receipt, adequacy and legal sufficiency of which are hereby acknowledged, the parties do hereby agree as follows:

 

1.
Capitalized Terms. Capitalized terms used but not defined herein shall have the meanings for such terms that are set forth in
the Purchase Agreement.

 

2.
Assignment and Assumption. Effective as of August 18th, 2017 5:00 p.m. (EST time) on August 18th , 2017
(the “Effective Time”), Assignor hereby assigns, sells, transfers and sets over (collectively, the “Assignment”)
to Assignee all of Assignor’s right, title, benefit, privileges and interest in and to, and all of Assignor’s burdens,
obligations and liabilities in connection with, each of the Assumed Liabilities. Assignee hereby accepts the Assignment and assumes
and agrees to observe and perform all of the duties, obligations, terms, provisions and covenants, and to pay and discharge all
of the liabilities of Assignor to be observed, performed, paid or discharged from and after the Closing, in connection with the
Assumed Liabilities. Assignee assumes no Retained Liabilities except as stated in the Agreement, and the parties hereto agree
that all such Retained Liabilities shall remain the sole responsibility of Assignor.

 

3.
Terms of the Purchase Agreement. The terms of the Purchase Agreement, including but not limited to representations, warranties,
covenants, agreements and indemnities relating to the Assumed Liabilities, are incorporated herein by this reference. The Parties
acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement
shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of
any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement
shall govern.

 

    	 	 	 

    	 	 	 

    

 

4.
Further Actions. Each of the parties hereto covenants and agrees, at its own expense, to execute and deliver, at the request of
the other party hereto, such further instruments of transfer and assignment and to take such other action as such other party
may reasonably request to more effectively consummate the assignments and assumptions contemplated by this Assignment and Assumption
Agreement.

 

IN
WITNESS WHEREOF, the parties have executed this Assignment and Assumption Agreement as of the date first above written.

 

	 	ASSIGNOR:
	 	 	 
	 	The
    Hopp Companies, Inc.
	 	Hopp
    Management, Inc.
	 	 	 
	 	 	/s/ Robert
    Hopp
	 	By:	Robert
    Hopp
	 	Its:	President
	 	 	 
	 	ASSIGNEE:
	 	 	 
	 	Halitron
    Inc.
	 	 	 
	 	 	/s/ Bernard
    Findley
	 	By:	Bernard
    Findley
	 	Its:	Chairmanex10-1.htm

    
    
         

    

    Corporate Capital Trust II 8-K

    Exhibit 10.1

    THIRD AMENDED AND RESTATED EXPENSE SUPPORT AND CONDITIONAL
 REIMBURSEMENT AGREEMENT

    This Third Amended and Restated Expense Support and Conditional Reimbursement Agreement (this “Agreement”) is made as of September 30, 2017 by and among Corporate Capital Trust II, a Delaware statutory trust (the “Company”), CNL Fund Advisors II, LLC, a Delaware limited liability Company (the “Advisor”) and KKR Credit Advisors (US) LLC, a Delaware limited liability company (the “Sub-Advisor”). The Advisor and Sub-Advisor are collectively referred to as the “Advisors.”

    WHEREAS, the Company maintains on file with the U.S. Securities and Exchange Commission a registration statement on Form N-2 (File Nos. 333-199018 and 814-01108) covering the continuous offering and sale of the Company’s common stock pursuant to the Securities Act of 1933 (the “Registration Statement”);

    WHEREAS, the Company and the Advisor have entered into an Investment Advisory Agreement dated as of September 24, 2015 (the “Advisory Agreement”), and the Advisor, the Sub-Advisor and the Company have entered into an Investment Sub-Advisory Agreement dated as of September 24, 2015 (the “Sub-Advisory Agreement”, and together with the Advisory Agreement, the “Advisory Agreements”); and

    WHEREAS, the Company, the Advisor, and the Sub-Advisor have entered into an Expense Support and Conditional Reimbursement Agreement, dated as of September 24, 2015 (as amended from time to time, the “Original Expense Support Agreement”), and

    WHEREAS, the Company and the Advisors have determined that it is appropriate and in the best interest of the Company amend and restate the Original Expense Support Agreement to adjust the Expense Support Payment Period (as defined below) to reduce the Company’s operating expenses until the Company has achieved economies of scale sufficient to ensure that it bears a reasonable level of expense in relation to its investment income.

    NOW, THEREFORE, in consideration of the premises and the mutual agreements herein contained, and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties hereto agree as follows:

    1. EXPENSE SUPPORT PAYMENTS

    During the period beginning on the date on which the Company has satisfied the “minimum offering requirement” (as such term is defined in the Company’s Registration Statement) and ending on December 31, 2017 (the “Expense Support Payment Period”), the Advisor and the Sub-Advisor each hereby agrees to pay the expenses of the Company on a monthly basis as follows: the lesser of, (i) the amount equal to 50% of all Operating Expenses (as defined below) for each month during the Expense Support Payment Period in which the Company’s board of trustees (the “Trustees”) declares a Distribution (as defined below) or (ii) the amount equal to 50% of the positive difference between the Company’s Distributions accrued to the Company’s shareholders in each month less monthly Available Operating Funds (as defined below) recognized by the Company on account of its investment portfolio provided, that each Advisor hereby agrees and confirms that, it shall be jointly and severally liable to the Company for the share of Operating Expenses payable by the other Advisor to the extent the other Advisor fails to make such payment. In the event that Available Operating Funds are negative for a particular month the Advisor and Sub-Advisor will pay expenses as outlined in (i) above. Any payment made by an Advisor pursuant to the preceding sentence shall be referred to herein as an “Expense Support Payment.” The Advisors’ obligation to make Expense Support Payments for any month during the Expense Support Payment Period during such month shall automatically become a joint and several liability of the Advisors and the right to such Expense Support Payment shall be an asset of the Company immediately upon the Trustee’s declaration of a Distribution. The Expense Support Payment for any month shall be paid by the Advisors to the Company in any combination of cash or other immediately available funds, and/or offsets against amounts due from the Company to the Advisors, no later than five business days after the end of such month.

    
    
        	 

    

    
        	 

    

    
    For purposes of this Agreement (a) “Distribution” means any distribution payable to shareholders of the Company at the time such distribution is declared by the Trustees; and (b) “Operating Expenses” means all operating costs and expenses incurred by the Company, including the Management Fees pursuant to the Advisory Agreements, taxes, all interest cost, financing fees and other financing costs related to indebtedness for such period, but shall exclude any Incentive Fees pursuant to the Advisory Agreements and any ongoing shareholder servicing and distribution fees, any organizational and offering expenses and Expense Support Payments and reimbursements as determined under generally accepted accounting principles; and (c) “Available Operating Funds” means the sum of (i) the Company’s estimated investment company taxable income (including net short-term capital gains reduced by net long-term capital losses), and (ii) the Company’s net capital gains (including the excess of net long-term capital gains over net short-term capital losses) excluding any Expense Support Payments and reimbursements. The Advisor and Sub-Advisor reserve the right to adjust Expense Support Payments if estimable taxable income changes, subject to Board of Trustees approval.

    2. CONDITIONAL REIMBURSEMENT

    The Company hereby agrees to reimburse the Advisors in an amount, in the aggregate, equal to the aggregate Expense Support Payments, the repayment of each Expense Support Payment to be made within a period not to exceed three years from the date in which such Expense Support Payment was made by an Advisor.

    The Company agrees to reimburse the Advisors pro rata based on the total aggregate Expense Support Payments made by each Advisor. In the aggregate, all Expense Support Payment made by the Advisors to the Company that have not been previously reimbursed by the Company to the Advisors shall remain eligible for reimbursement subject to the conditions herein.

    Reimbursement shall be made as promptly as possible after the Expense Support Payment Period ends, but only to the extent such reimbursement does not cause the Company’s Other Operating Expenses (as defined herein) to exceed the lesser of: (A) 1.75% of average net assets attributable to common shares on an annualized basis after taking such payment into account or (B) the percentage of our average net assets attributable to shares of our common stock represented by Other Operating Expenses during the period in which such Expense Support Payment from the Advisors was made (provided, however, that this clause (B) shall not apply to any reimbursement payment which relates to Expense Support Payment from the Advisors made during the same period). Additionally, reimbursement payments shall only be made to the extent they do not exceed estimated taxable income before reimbursements. Notwithstanding anything to the contrary in this Agreement, no reimbursement payment shall be made if the Effective Rate of Distributions Per Share on any class of stock declared by the Company at the time of such reimbursement payment is less than the Effective Rate of Distributions Per Share on any class of stock at the time the Expense Support Payment was made to which such reimbursement payment relates. For purposes of the Agreement, “Effective Rate of Distributions Per Share” means actual declared distribution rate per share exclusive of return of capital, if any. “Other Operating Expenses” shall mean all Operating Expenses, excluding base management fees, interest costs, financing fees and financing costs, and brokerage commissions and extraordinary expenses. The calculation of average net assets shall be consistent with such periodic calculations of average net assets in the Company’s financial statements.

    3. TERM AND TERMINATION OF AGREEMENT

    3.1 TERM OF AGREEMENT. This Agreement shall become effective immediately upon the date on which the Company has satisfied the “minimum offering requirement” (as such term is defined in the Company’s Registration Statement). Once effective, this Agreement shall remain in effect until December 31, 2018, unless otherwise terminated pursuant to Section 3.2. Sections 3 and 4 of this Agreement shall survive any termination of this Agreement. Notwithstanding anything to the contrary, Section 2 of this Agreement shall survive any termination of this Agreement with respect to any Expense Support Payments that have not been reimbursed by the Company to the Advisors. If an Expense Support Payment has not been reimbursed prior three years from the date of such Expense Support Payment was made, the Company’s obligation to pay such Expense Support Payment shall automatically terminate, and be of no further effect.

    3.2 TERMINATION OF AGREEMENT. This Agreement may be terminated by the Advisors acting jointly hereto upon written notice to the Company, except that once effective, the Advisors may not terminate their obligations under Section 1. This Agreement shall automatically terminate in the event of (a) the termination by the Company of either the Advisory Agreement or Sub-Advisory Agreement or (b) the dissolution or liquidation of the Company. Notwithstanding any provision to the contrary, if this Agreement terminates automatically pursuant to clause (a) of this Section 3.2, the Company agrees to make a repayment to the Advisors in an amount equal to all Expense Support Payments not previously reimbursed. Such repayment shall be made to the Advisors, pro rata based on the aggregate unreimbursed Expense Support Payments made by each Advisor, not later than 30 days after such termination of this Agreement.

    
    
        	 

    

    
        	 

    

    
    4. MISCELLANEOUS

    4.1 HEADINGS. The captions of this Agreement are included for convenience only and in no way define or limit any of the provisions hereof or otherwise affect their construction or effect.

    4.2 INTERPRETATION. This Agreement shall be governed by and construed in accordance with the laws of the State of New York (without reference to its conflicts of law provisions) and the applicable provisions of the 1940 Act and the Investment Advisers Act of 1940, as amended (the “Advisers Act”). To the extent that the applicable laws of the State of New York or any of the provisions herein, conflict with the applicable provisions of the 1940 Act or the Advisers Act, the latter shall control. Further, nothing herein contained shall be deemed to require the Company to take any action contrary to the Company’s Declaration of Trust or By-Laws, as each may be amended or restated, or to relieve or deprive the Trustees of their responsibility for and control of the conduct of the affairs of the Company.

    4.3 SEVERABILITY. If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of this Agreement shall not be affected thereby and, to this extent, the provisions of this Agreement shall be deemed to be severable.

    4.4 ENTIRE AGREEMENT. This Agreement embodies the entire agreement and understanding of the parties hereto, and supersedes all prior agreements or understandings (whether written or oral), with respect to the subject matter hereof.

    4.5 AMENDMENTS AND COUNTERPARTS. This Agreement may only be amended by mutual written consent of the parties. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all such counterparts shall, together, constitute only one instrument.

    [remainder of page blank; signatures follow]

    
    
        	 

    

    
        	 

    

    
    IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of October 16, 2017.

    	 	
                CORPORATE CAPITAL TRUST II
            
	 	 	        
	 	
                By:
            	 	
                 /s/ Thomas K. Sittema
            	 
	 	
                Name:  
            	
                 Thomas K. Sittema
            	 
	 	
                Title:
            	
                Chief Executive Officer
            	 
	 	 	 	 
	 	
                CNL FUND ADVISORS II, LLC
            
	 	 	 	 
	 	
                By:
            	 	
                 /s/ Chirag J. Bhavsar
            	 
	 	
                Name: 
            	
                 Chirag J. Bhavsar
            	 
	 	
                Title:
            	
                Chief Financial Officer
            	 
	 	 	 	 
	 	
                KKR CREDIT ADVISORS (US) LLC
            
	 	 	 
	 	
                By:
            	 	
                 /s/ Nicole Macarchuk
            	 
	 	
                Name: 
            	
                 Nicole Macarchuk
            	 
	 	
                Title:
            	
                Authorized Signatory
            	 

    [Signature Page to Expense Support and Conditional Reimbursement Agreement]

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