Amendment to Lease Agreement (August 4th, 2016)
THIS AMENDMENT TO LEASE AGREEMENT (the "Amendment") is made as of the 18th day of May, 2016 by and between BDP REALTY ASSOCIATES, LLC with an address at 188 Fairway Road, Long Beach, New York 11561 (hereinafter referred to as the "Landlord") and PLANET PAYMENT, INC. with an address at 670 Long Beach Blvd., Long Beach, New York 11561 (hereinafter referred to as the "Tenant").
February 19, 2014 (May 7th, 2015)
This letter confirms the agreement (this "Agreement") between you and Planet Payment, Inc. (the "Company"), concerning your separation from the Company, and hereby offers you certain benefits to which you would otherwise not be entitled, conditioned upon your provision of a general release of claims and covenant not to sue in favor of the Company and your other promises herein. You and the Company shall collectively be referred to as the "Parties."
PLANET PAYMENT 670 Long Beach Boulevard Long Beach, NY 11561 (May 7th, 2015)
This letter (the "Amendment") between you and Planet Payment, Inc. (the "Company") (collectively, the "parties"), serves to amend (i) that certain letter agreement regarding terms of separation, dated as of February 19, 2014, between the parties (the "Separation Agreement"), (ii) the Long-Term Incentive Restricted Stock Agreement, dated as of July 26, 2011, between the parties (the "Restricted Stock Agreement"), (iii) the August 2014 Grant (as defined below) and (iv) the March 2014 Grant (as defined below); and to further confirm the termination and conclusion of all of your services to the Company as a board member.
[Planet Payment Letterhead] (July 21st, 2011)
The management of Planet Payment.bm Ltd., which as of November 17, 2006 will have changed its name to Planet Payment Bermuda Ltd., (the Company) takes pleasure in extending to you this offer to join the Company as its SVP Projects & Implementations. The Company is a wholly owned subsidiary of Planet Group, Inc. (PGI). You will report to Philip Beck, CEO of PGI and a Company Director. Your responsibilities will include managing and directing the Project Management function of the Company and PGI, and such other matters as you are assigned by Mr. Beck. For the purposes of this letter, the Company shall include any subsidiary of the Company or of PGI, to which your employment may be transferred. You will be required to provide services to other subsidiaries and affiliates of the Company and of PGI (together with the Company, collectively referred to as the Group), as the Company may from time to time require. Although initially you will be employed the Company and work out of its Berm