SEC Contract Filing

Filing Date: 2018-08-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex101buscreditagreementw_r.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2018 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sEE9FF408328822C5DB150721E2B8BC98"></a></div><div><div style="line-height:138%;padding-bottom:13px;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">EXHIBIT 10.1</font></div><div style="line-height:138%;padding-bottom:13px;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:138%;text-align:left;text-indent:360px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">BUSINESS CREDIT AGREEMENT&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;font-style:italic;">Boxes checked are applicable</font></div><div style="line-height:138%;text-align:left;text-indent:360px;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;">(Business Purpose Loans)&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;font-style:italic;">Boxes not checked are inapplicable</font></div><div style="line-height:138%;text-align:justify;text-indent:24px;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;">The undersigned (&#8220;</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Customer</font><font style="font-family:Arial;font-size:7pt;">", whether one or more) agrees with the undersigned lender (&#8220;</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Lender</font><font style="font-family:Arial;font-size:7pt;">&#8221;) as follows:</font></div><div style="line-height:138%;padding-left:0px;text-align:justify;text-indent:0px;"><font style="text-align:justify;font-family:Arial;font-size:7pt;font-weight:bold;padding-right:24px;">1.</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Loans</font><font style="font-family:Arial;font-size:7pt;">. Customer requests that Lender lend to Customer from time to time such amounts as Customer may request in accordance with this Agreement (the &#8220;</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Loans</font><font style="font-family:Arial;font-size:7pt;">&#8221;), and subject to the terms of this Agreement, Lender agrees to make such Loans up to (a) </font><font style="font-family:Wingdings;font-size:7pt;">&#253;</font><font style="font-family:Arial;font-size:7pt;">&#32;( the aggregate principal amount of </font><font style="font-family:Arial;font-size:7pt;text-decoration:underline;">$7,500,000.00&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;">&#32;at any time outstanding (the &#8220;</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Credit Limit</font><font style="font-family:Arial;font-size:7pt;">), within which amount Customer may borrow, repay and reborrow under this Agreement (b) </font><font style="font-family:Wingdings;font-size:7pt;">&#168;</font><font style="font-family:Arial;font-size:7pt;">&#32;the aggregate principal amount of $ </font><font style="font-family:Arial;font-size:7pt;text-decoration:underline;">n/a&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;">&#32;(the "</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Credit Limit</font><font style="font-family:Arial;font-size:7pt;">&#8221;). Lender is not obligated to but may make Loans in excess of the Credit Limit, and in any event Customer is liable for and agrees to pay to Lender at Lender&#8217;s address shown below all Loans, interest and other charges made to or imposed on Customer under this Agreement.</font></div><div style="line-height:138%;text-align:justify;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;font-weight:bold;">2.</font><font style="font-family:inherit;font-size:7pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;font-weight:bold;">Loan Procedures</font><font style="font-family:Arial;font-size:7pt;">. Customer may obtain Loans under this Agreement only as provided below:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:138%;font-size:7pt;padding-left:24px;"><font style="font-family:Arial;font-size:7pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:138%;text-align:justify;font-size:7pt;"><font style="font-family:Wingdings;font-size:7pt;">&#168;</font><font style="font-family:Arial;font-size:7pt;">&#32;Customer shall give Lender at least </font><font style="font-family:Arial;font-size:7pt;text-decoration:underline;">n/a&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;">&#32;business days&#8217; prior notice of any Loan requested under this Agreement, specifying the date and amount of the Loan. Lender will make the Loan available to Customer </font><font style="font-family:Wingdings;font-size:7pt;">&#168;</font><font style="font-family:Arial;font-size:7pt;">&#32;by crediting the amount of the Loan to Customer</font><font style="font-family:inherit;font-size:7pt;">&#8217;</font><font style="font-family:Arial;font-size:7pt;">s deposit account no. </font><font style="font-family:Arial;font-size:7pt;text-decoration:underline;">n/a&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:7pt;">&#32;with Lender </font><font style="font-family:Wingdings;font-size:7pt;">&#168;</font>