AMENDED AND RESTATED EXECUTIVE SEVERANCE AND CHANGE OF CONTROL LETTER AGREEMENT (“Agreement”) by and between ChannelAdvisor Corporation (“ChannelAdvisor” or a “party”) and David Spitz (“You(r)” or a “party”) May 23, 2013Executive Severance • August 7th, 2013 • Channeladvisor Corp • Services-prepackaged software • North Carolina
This Agreement is to set forth the severance terms if Your employment with ChannelAdvisor is terminated under different scenarios. You are not eligible to receive the benefits hereunder until you have been in continuous employment with ChannelAdvisor for one year. This Agreement amends and restates in its entirety the Executive Severance and Change of Control Letter Agreement between You and ChannelAdvisor dated July 21, 2009 and is effective as of the date above.
NINTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 7th, 2013 • Channeladvisor Corp • Services-prepackaged software • North Carolina
This Ninth Amendment to Loan and Security Agreement (this “Amendment”) is entered into this 16th day of July, 2013 (the “Ninth Amendment Effective Date”) by and among (i) SILICON VALLEY BANK, a California corporation (“Bank”) and (ii) CHANNELADVISOR CORPORATION, a Delaware corporation (“CAC”), MERCHANDISINGADVISOR CORPORATION, a Delaware corporation (“MAC”), CA MARKETPLACES, INC., a Delaware corporation (“CAM”), CHANNELADVISOR UK LIMITED., a private limited company incorporated and registered in England and Wales (“CA UK”) and CA WASHINGTON, LLC, a Delaware limited liability company (“CAW”, and together with CAC, MAC, CAM and CA UK, each a “Borrower” and collectively, the “Borrowers”).
