|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 3/26/20 Gyrodyne, LLC 10-K 12/31/19 65:5.1M RDG Filings/FA |
Document/Exhibit Description Pages Size
1: 10-K Annual Report HTML 806K
2: EX-10.13 Material Contract HTML 39K
3: EX-10.14 Material Contract HTML 28K
4: EX-10.15 Material Contract HTML 29K
5: EX-10.17 Material Contract HTML 280K
6: EX-10.18 Material Contract HTML 30K
7: EX-21.1 Subsidiaries List HTML 19K
8: EX-31.1 Certification -- §302 - SOA'02 HTML 23K
9: EX-32.1 Certification -- §906 - SOA'02 HTML 20K
42: R1 Document And Entity Information HTML 59K
22: R2 Consolidated Statements of Net Assets (Liquidation HTML 63K
Basis)
30: R3 Consolidated Statements of Changes in Net Assets HTML 30K
(Liquidation Basis)
60: R4 Note 1 - The Company HTML 31K
41: R5 Note 2 - Summary of Significant Accounting HTML 39K
Policies
21: R6 Note 3 - Statements of Net Assets in Liquidation HTML 42K
29: R7 Note 4 - Estimated Liquidation and Operating Costs HTML 93K
Net of Estimated Receipts
59: R8 Note 5 - Disposition Activities HTML 38K
43: R9 Note 6 - Loan Payable HTML 48K
45: R10 Note 7 - Real Estate HTML 37K
63: R11 Note 8 - Accrued Liabilities HTML 31K
35: R12 Note 9 - Income Taxes HTML 25K
28: R13 Note 10 - Credit Quality of Rents Receivable HTML 32K
44: R14 Note 11 - Concentration of Credit Risk HTML 29K
62: R15 Note 12 - Commitments HTML 64K
34: R16 Note 13 - Fair Value of Financial Instruments HTML 31K
27: R17 Note 14 - Contingencies HTML 29K
46: R18 Note 15 - Related Party Transactions HTML 44K
61: R19 Note 16 - Subsequent Events HTML 38K
38: R20 Significant Accounting Policies (Policies) HTML 56K
17: R21 Note 4 - Estimated Liquidation and Operating Costs HTML 86K
Net of Estimated Receipts (Tables)
51: R22 Note 6 - Loan Payable (Tables) HTML 28K
55: R23 Note 7 - Real Estate (Tables) HTML 32K
37: R24 Note 8 - Accrued Liabilities (Tables) HTML 29K
16: R25 Note 10 - Credit Quality of Rents Receivable HTML 28K
(Tables)
50: R26 Note 12 - Commitments (Tables) HTML 51K
54: R27 Note 15 - Related Party Transactions (Tables) HTML 35K
36: R28 Note 1 - The Company (Details Textual) HTML 34K
18: R29 Note 2 - Summary of Significant Accounting HTML 21K
Policies (Details Textual)
24: R30 Note 3 - Statements of Net Assets in Liquidation HTML 52K
(Details Textual)
31: R31 Note 4 - Estimated Liquidation and Operating Costs HTML 89K
Net of Estimated Receipts - Changes in Liability
for Estimated Costs in Excess of Estimated
Receipts (Details)
64: R32 Note 5 - Disposition Activities (Details Textual) HTML 29K
47: R33 Note 6 - Loan Payable (Details Textual) HTML 86K
25: R34 Note 6 - Loan Payable - Loan Maturity (Details) HTML 39K
32: R35 Note 7 - Real Estate (Details Textual) HTML 24K
65: R36 Note 7 - Real Estate - Real Estate Disclosure HTML 28K
(Details)
48: R37 Note 8 - Accrued Liabilities - Summary of Accrued HTML 29K
Liabilities (Details)
23: R38 Note 10 - Credit Quality of Rents Receivable - HTML 23K
Allowance for Doubtful Accounts (Details)
33: R39 Note 11 - Concentration of Credit Risk (Details HTML 37K
Textual)
19: R40 Note 12 - Commitments (Details Textual) HTML 51K
39: R41 Note 12 - Commitments - Other Commitments HTML 23K
(Details)
56: R42 Note 12 - Commitments - Allocation of Retention HTML 28K
Bonus (Details)
52: R43 Note 12 - Commitments - Payments Under Retention HTML 26K
Bonus Plan (Details)
20: R44 Note 14 - Contingencies (Details Textual) HTML 20K
40: R45 Note 15 - Related Party Transactions (Details HTML 39K
Textual)
57: R46 Note 15 - Related Party Transactions - Summary of HTML 33K
Leasing Arrangements (Details)
53: R47 Note 16 - Subsequent Events (Details Textual) HTML 61K
49: XML IDEA XML File -- Filing Summary XML 109K
26: EXCEL IDEA Workbook of Financial Reports XLSX 48K
10: EX-101.INS XBRL Instance -- gyro-20191231 XML 911K
12: EX-101.CAL XBRL Calculations -- gyro-20191231_cal XML 44K
13: EX-101.DEF XBRL Definitions -- gyro-20191231_def XML 948K
14: EX-101.LAB XBRL Labels -- gyro-20191231_lab XML 606K
15: EX-101.PRE XBRL Presentations -- gyro-20191231_pre XML 948K
11: EX-101.SCH XBRL Schema -- gyro-20191231 XSD 166K
58: ZIP XBRL Zipped Folder -- 0001437749-20-006207-xbrl Zip 108K
Exhibit 10.14
AMENDMENT NO. 1
TO
BOARD ADVISER AGREEMENT
AMENDMENT NO. 1 TO BOARD ADVISER AGREEMENT (this “Amendment”) dated as of November 24, 2017 (the “Amendment Date”) by and between GYRODYNE, LLC, a New York limited liability company (the “Company”) and JAD FAKHRY, an individual residing at 840 Hinckley Road, Suite 250, Burlingame, California 94010 (the "Adviser").
WHEREAS, the Adviser and the Company are parties to that certain board adviser agreement dated as of May 24, 2016 (the “Original Agreement”, and as amended from time to time, the “Agreement”);
WHEREAS, the term of the Original Agreement expires November 24, 2017; and
WHEREAS, the Adviser and the Company wish to supplement and amend the Agreement upon the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises and the mutual covenants 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. Effective Date. This Amendment shall be effective as of the Amendment Date.
2. Definitions. For purposes of this Amendment, any capitalized term not otherwise defined herein shall have the meaning set forth in the Agreement.
3. Amendments.
a. Section 2 of the Agreement is hereby amended by restating the first sentence thereof to read as follows:
“During the term of this Agreement, the Adviser shall consult with the Board and with management of the Company on an as needed basis, attend and participate in all Board meetings to which he is invited to attend, generally to be held at the Company’s headquarters in St. James, New York or at another location to be determined by the Board, and advise the Board on the strategic process of liquidating the Company and maximizing shareholder value at any board meetings he is invited to attend.”
b. Section 3 of the Agreement is hereby amended by restating the first sentence thereof to read in its entirety as follows:
” This Agreement shall commence on the date hereof and expire on November 24, 2018, provided that either party may terminate the Agreement, with or without reason, by written notice to the other, and provided further that the provisions of Section 4.2, Section 6 and Section 7 shall survive any termination or expiration of this Agreement.”
c. Section 4.1 of the Agreement is hereby amended by restating the first sentence thereof to read in its entirety as follows:
“As the exclusive compensation for the Adviser's services under this Agreement, the Company shall pay to the Adviser a fee of Seven Thousand Five Hundred Dollars ($7,500) per each fiscal quarter hereunder, which shall be paid on or about February 28, May 31, August 30, and November 30 during the term hereof commencing February 28, 2018 for services provided during the quarter just ended.”
4. Entire Agreement; Ratification. This Amendment supersedes all previous agreements, and constitutes the entire agreement of whatsoever kind or nature existing between the parties, relating to the subject matter within. As between the parties, no oral statement or prior written material not specifically incorporated herein shall be of any force and effect. Except as specifically amended herein, the Agreement is to remain in full force and effect, and, as amended by this Amendment, is hereby ratified and confirmed in all respects.
5. Amendments. No further changes in or additions to the Agreement shall be recognized unless and until made in writing and signed by both the Company and the Adviser.
6. Captions Not Controlling. The divisions of this Amendment into sections and the use of captions and headings in connection therewith are solely for convenience and shall have no legal effect in construing the provisions of this Amendment.
7. Governing Law. This Amendment shall be construed and enforced in accordance with the laws of the State of New York, without giving effect to any choice or conflict of law provision or rule thereof.
8. Successors and Assigns. The parties hereto agree that the covenants and agreements herein contained shall be binding on and shall inure to the benefit of the parties hereto and their respective heirs, successors and permitted assigns.
9. This Amendment may be executed in counterparts, each of which will be deemed to be an original copy of this Amendment and both of which, when taken together, will be deemed to constitute one and the same agreement. The exchange of copies of this Amendment and of signature pages by facsimile or other electronic transmission shall constitute effective execution and delivery of this Amendment as to the parties and may be used in lieu of the original Amendment for all purposes.
[signatures appear on next page]
IN WITNESS WHEREOF, this Amendment has been executed by the parties as of the date and year first above written.
|
COMPANY:
GYRODYNE, LLC |
|
|
By: ___________________________ Name: Title: |
|
ADVISER: |
|
|
_____________________________ |
|
|
Jad Fakhry |
| This ‘10-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 3/26/20 | |||
| For Period end: | 12/31/19 | |||
| 11/24/18 | ||||
| 2/28/18 | ||||
| 11/24/17 | ||||
| 5/24/16 | 8-K | |||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/01/24 Gyrodyne, LLC S-1/A 12:2.1M RDG Filings/FA 1/26/24 Gyrodyne, LLC S-1/A 13:2.1M RDG Filings/FA 1/23/24 Gyrodyne, LLC S-1/A 13:864K RDG Filings/FA 12/29/23 Gyrodyne, LLC S-1 3:624K RDG Filings/FA 3/30/23 Gyrodyne, LLC 10-K 12/31/22 61:4.4M RDG Filings/FA 3/30/22 Gyrodyne, LLC 10-K 12/31/21 62:4.4M RDG Filings/FA 4/13/21 Gyrodyne, LLC 10-K 12/31/20 69:5M RDG Filings/FA |