Exhibit F

ADMINSTRATIVE AND TECHNOLOGY SERVICES AGREEMENT

THIS ADMINISTRATIVE AND TECHNOLOGY SERVICES AGREEMENT (the “Agreement”) is

made as of this 17th day of November, 2020, between StartEngine Assets, LLC (“StartEngine”), a Delaware limited liability corporation, and LK Advisors, Inc. (the “Company”) as the investment advisor to LK Secured Lending Reg A Fund (the “Fund”), to provide administrative and technology services to the Fund’s proposed offering under Regulation A (“Reg A+”) under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”) of its common or preferred stock (the “Securities”).

WHEREAS, StartEngine provides administrative and technology services to companies accessing capital markets, including:

· Usage of the website www.startengine.com, an online technology platform (the “Platform”) run by its affiliate, StartEngine Crowdfunding, Inc., (“SECI”) that permits issuers to independently connect with prospective investors on the Platform;

· Marketing services;

· Coordination of escrow services and credit card processing services; and

· Transfer agent services through its affiliate StartEngine Secure, LLC (“Secure”), including the technology to provide for the payment of distributions to investors.

WHEREAS, the Company and StartEngine wish to work cooperatively based upon the terms and conditions herein.

NOW, THEREFORE, the undersigned, in consideration of the foregoing and for other good and valuable consideration, receipt and sufficiency of which is herein acknowledged, intending to be legally bound, mutually hereby agree as follows:

1.Appointment. Subject to the terms and conditions of this Agreement, the Company hereby engages StartEngine, and StartEngine hereby agrees to provide, the services detailed in Section 2 of this Agreement. The Company acknowledges that neither StartEngine nor any Affiliate who will provide services under Section 2 hereunder is a registered broker-dealer under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or registered as an investment advisor under the Investment Advisers Act of 1940, as amended (the “Advisors Act”), and that StartEngine will not perform any activities requiring registration with or membership of the Financial Industry Regulatory Authority (“FINRA”) or the Securities and Exchange Commission (the “SEC”).

2. Services. Subject to the terms of this Agreement, StartEngine agrees to the following services:

(a) Usage of Technology Platform (“Platform Services”):

The Company will be permitted to make available certain offering documents to prospective investors (as defined below) on the Platform. StartEngine agrees to permit the Company to post the Offering on the Platform, which can be utilized by the Company for “testing the waters” and the offering and sale of securities pursuant to Reg A+. The Company’s use of the Platform shall be subject to the terms of use and privacy policy, which may be amended from time to time, as posted on the Platform and as communicated in writing to the Company in a timely manner. StartEngine grants the Company a limited and revocable license to use the Platform in accordance with the terms of this Agreement. The Company agrees to engage a securities attorney or securities compliance company for a review of any and all Test the Waters material appearing on the Platform prior to posting said material on the Platform and the Company shall provide all necessary information and fees to complete the Bad Actor Check for compliance with Reg A Rule 262 prior to utilizing the Platform. StartEngine reserves the right to terminate use of the Platform if it becomes aware of a violation of the requirements of this Agreement or any law, provided that StartEngine shall notify the Company in writing of such violation and allow the Company 10 days from the date of such notice to cure such violation before termination. StartEngine also reserves the right to terminate this Agreement if the Company does not file Form 1-A with the SEC within 90 days of posting on the Platform. In the event the Offering is terminated, the campaign page will be promptly removed.

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(b) Marketing (“Marketing Services”):

During and prior to the Offering, StartEngine Assets will design, build and create the Fund’s campaign page and provide account and marketing consulting services.

(c) Coordination Escrow Services and Credit Card Processing Services

StartEngine will coordinate the escrow services and credit card processing services, if requested by the Company. If Company chooses to obtain such escrow services and credit card processing services, Company shall enter into two separate agreements with StartEngine’s affiliate, SECI.

(d) Transfer Agent Services (“Transfer Agent Services”):

StartEngine’s affiliate, Secure, a transfer agent registered with the SEC, will provide transfer agent services to the Company. Company shall enter into an agreement with Secure to handle the transfer agent functions on behalf of the Fund. Secure will not charge any fees for these functions. Secure shall provide the technology and resources to distribute to investors the monthly income and provide annual tax forms for investors related to their investment in the Offering per Company instructions and based on information provided by the Company.

3. Information and Offering Materials.

The following relates to Platform Services and Marketing Services only:

(a)The Company recognizes that, in completing its engagement hereunder, StartEngine may be using and relying on both publicly available information and principally on data, material and other information (including non- public information) furnished to StartEngine by the Company. The Company will furnish to prospective investors any and all information and data concerning the Company, its business, financial condition and plans for the Offering that are required by state and federal securities regulations (the “Information”), including any “test-the-waters” communications and materials which summarize the opportunity for potential investors to be used in connection with the Offering to the extent such material is made available (collectively, the “Offering Materials”). Any Information and Offering Materials forwarded to prospective investors or made available on the Platform will be in compliance with state and federal securities laws, rules and regulations. StartEngine and its counsel will have the opportunity to review any offering related materials that name StartEngine and the Company agrees that it will make any changes reasonably requested by StartEngine to any materials that mention StartEngine. The Company represents and warrants that, to its knowledge, all Information and the Offering Materials, including, but not limited to, the Company’s financial statements, will be complete and correct in all material respects and will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein not misleading. StartEngine will not be obligated to verify the accuracy and/or adequacy of such Information supplied or disclosed to potential investors. If the Offering Materials and/or the Information are required to be amended so as not to be misleading or omit to state such a material fact, and the Offering is still posted on www.startengine.com, the Company shall notify StartEngine immediately in the manner prescribed in Section 12, and any amendment shall be made evident to investors by the Company. StartEngine grants the Company a limited, revocable, non-exclusive, non- transferable license to post the Offering Materials on the Platform for the term of the engagement. StartEngine shall be entitled to rely upon any representations, warranties or covenants made by the Company or any third party disclosed in the Offering Materials to the Company or by the Company to the potential and actual investors and any third party. The Company agrees to cooperate with all reasonable requests from StartEngine public relations and marketing initiatives for the Platform. During the Offering and until this Agreement is terminated, Company may have access to information collected by StartEngine as long as the Company does not violate any privacy policies established by StartEngine.

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(b)Until the date that is two years from the date hereof, StartEngine will keep all information obtained from the Company related to the Offering confidential except: (i) Offering Materials which are provided to StartEngine to be made available on the Platform and the Offering Circular filed with the SEC; (ii) Offering information such as the number of reservations, amount reserved, funding goals, etc. (iii) information which is otherwise publicly available, or previously known to or obtained by, StartEngine independently of the Company and without breach of any of StartEngine’s agreements with the Company; (iv) StartEngine may disclose such information to its officers, directors, employees, agents and representatives, and to its other advisors and financial sources on a need to know basis only and will require that all such persons will keep such information strictly confidential. No such obligation of confidentiality shall apply to information that: (x) is in the public domain as of the date hereof or hereafter enters the public domain without a breach by StartEngine, (y) was known or became known by StartEngine prior to the Company’s disclosure thereof to StartEngine as evidenced by written records, (z) becomes known to StartEngine from a source other than the Company, and other than by the breach of an obligation of confidentiality owed to the Company; (v) is disclosed by the Company to a third party without restrictions on its disclosure; (vi) is independently developed by StartEngine as evidenced by written records; or (vii) is required to be disclosed by StartEngine or its officers, directors, employees, agents, attorneys and to its other advisors and financial sources, pursuant to any order of a court of competent jurisdiction or other governmental body or as may otherwise be required by law.

4. Compensation.

There are no upfront fees for StartEngine’s services. To the extent there are available funds in the Fund as determined by the Company, StartEngine shall receive an amount equal to an annual rate of 2% of the aggregate capital account balances of the members of the Fund, which will be prorated in accordance with the Fund’s Limited Liability Operating Agreement dated November 4, 2020 (the “Operating Agreement”). The fee will be payable quarterly and will be paid from funds available from the annual Net Profits (as such term is defined in the Fund’s Operating Agreement).

5. Term of Engagement. This Agreement will initially remain in effect for 12 months from the date of this

Agreement (the “Initial Term”). Either party hereto may request to terminate this Agreement at any time with thirty

(30) days’ prior written notice of such request to the other party, provided however that such termination shall only take effect if both parties mutually consent to an acceptable effective date of termination, which consent shall not be unreasonably withheld, so as to avoid any adverse impact on investors. If the Agreement is not terminated before the end of the Initial Term, this Agreement will automatically renew following the end of the Initial Term for another term of 12 months.

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6.Performance by Affiliates. The Company recognizes that StartEngine Assets may perform some or all of its obligations under this Agreement through Affiliates, provided, however, that StartEngine Assets shall remain responsible and be guarantor of the performance by its Affiliates and shall cause its Affiliates to comply with the provisions of this Agreement in connection with such performance. The term “Affiliate” for purposes of this Agreement means, with respect to any entity, any other entity that directly or indirectly through one or more intermediaries controls, is controlled by or is under common control with the StartEngine Assets. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise.

7.Mutual Indemnification. The Company and StartEngine agree to indemnify and hold each other harmless from and against any and all claims, demands, losses, causes of action, damages, lawsuits, judgments, including attorney’s fees and costs, to the extent caused by or arising out of or relating to the work, errors, omissions and/or operations of the other party (the “Indemnified Acts”). The Company will indemnify and hold harmless StartEngine Assets and its Affiliates, their directors and officers and each person, if any, who controls StartEngine Assets or its Affiliates (collectively the “StartEngine Parties”) against any losses, claims, damages or liabilities, joint or several, to which the StartEngine Parties may become subject, under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement of a material fact or omission of a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading in any of the material provided by the Company to appear on the Platform or filed with the SEC, or any amendment or supplement thereof. The Company shall reimburse the StartEngine Parties for any legal or other expenses reasonably incurred in connection with investigation or defense or loss, claim, damage, liability or action referred to in the previous sentence as such expenses are incurred. The Company will not, however, be responsible for any claims, losses, damages, liabilities, or expenses, which are finally judicially determined to have resulted solely from StartEngine Parties’ gross negligence or intentional misconduct. The Company shall assume the defense of such action, including the employment and fees of counsel (reasonably satisfactory to the StartEngine Parties) and payment of reasonable and accountable expenses.

8.Representations and Warranties. Each of the Company and StartEngine represents and warrants that (a) it has full right, power and authority to enter into this Agreement and to perform all of its obligations hereunder and

(b) this Agreement has been duly authorized and executed and constitutes a legal, valid and binding agreement of such party enforceable in accordance with its terms. The Company represents and warrants that all information posted on the Platform with respect to the Company will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein not misleading. The Company acknowledges that StartEngine will not be required to independently verify the accuracy and adequacy of such information supplied or disclosed to potential investors. The Company represents that it has not taken, and it will not take any action, directly or indirectly, so as to cause the Offering to fail to be entitled to rely upon the exemption from registration afforded by Reg A+ and other applicable rules and regulations, including filing any state “blue sky” filings. The Company agrees that any representations and warranties made by it to any prospective investor in the Offering or placement agent shall be deemed also to be made to StartEngine for its benefit and StartEngine shall be deemed a third party beneficiary to any such agreements. The Company agrees that it will comply with the SEC’s ongoing reporting requirements under Reg A+.

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9.Parties; Assignment; Independent Contractor; Governing Law; No Tax Advice. This Agreement has been and is made solely for the benefit of the parties hereto and each of their respective persons, agents, employees, officers, directors and controlling persons and their respective heirs, executors, personal representatives, successors and assigns, and nothing contained in this Agreement will confer any rights upon, nor will this Agreement be construed to create any rights in, any person who is not party to such Agreement, other than as set forth in this section and Section 6. Other than provided for in Section 6, the rights and obligations of either party under this Agreement may not be assigned without the prior written consent of the other party hereto and any other purported assignment will be null and void. StartEngine has been retained under this Agreement as an independent contractor, and it is understood and agreed that this Agreement does not create a fiduciary relationship between StartEngine, its Affiliates and the Company or their respective officers, directors and controlling persons. Neither StartEngine nor its Affilates shall have any control over any aspect of the Company and neither StartEngine nor its Affiliates shall be considered to be the agent of the Company for any purpose whatsoever and other than agreed to in the agreement with Secure, neither StartEngine nor its Affiliates is granted any right or authority to assume or create any obligation or liability, express or implied, on the Company’s behalf, or to bind the Company in any manner whatsoever. The Company acknowledges that neither StartEngine nor its Affiliates provides financial, accounting, investment, tax or legal advice. This Agreement shall be construed and interpreted in accordance with the laws of the State of New York, without reference to any conflict of law principles. The parties hereby irrevocably submit to the exclusive jurisdiction and venue of the state and federal courts located in the state of California, Los Angeles county for any litigation arising out of this Agreement. The prevailing party in any action arising out of this Agreement shall be entitled to recover attorneys’ fees and costs for such action from the non-prevailing party.

10.Legal and Other Compliance. The Company at its own expense, will use its best efforts to obtain any registration, qualification or approval required to sell any Securities under the laws (including U.S. state “blue sky” laws relating to broker registration and the making of notice filings) of any applicable jurisdictions (including any applicable foreign jurisdiction or any instrumentality thereof). Without limiting the generality of the foregoing, the Company represents that it is not subject to any disqualifying event as set forth in Rule 262 under the Securities Act. The Company agrees that it is responsible for compliance with the restrictions on investment amounts set out in Reg A+. The Company understands and agrees that there are compliance requirements that pertain to the Offering both on the Platform and off the Platform. The Company further understands and agrees that StartEngine does not purport to make any representation, warranty, or guarantee that any activity by the Company or StartEngine, whether through the Platform or not, is in compliance with applicable state or federal securities laws or the rules and regulations of any self-regulatory organization. It is expressly understood that none of the services provided by StartEngine should be deemed legal advice. StartEngine makes no representation or warranties that offerings of securities on the Platform comply with state or federal securities laws. The Company agrees that it shall consult its legal counsel to independently determine whether use of the Platform for the Offering complies with state and federal laws, rules and regulations.

11. Exclusivity.

(a)It is expressly understood that StartEngine will post other company offerings on the Platform and is not required to operate the Platform as its sole and exclusive function. In addition to operating the Platform, StartEngine and its affiliates may engage in other business activities in the future.

(b) The Company’s engagement with StartEngine pursuant to this Agreement shall be

exclusive for the term of this Agreement and it is expressly understood that the Company may not post the Offering Materials on other websites besides the Platform, including any other Reg A+ online investment technology platform, provided however that the Company may post and advertise the Offering on its own website so long as the Company directs any interested parties to the StartEngine platform to invest.

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12. Notices. Any notices required by this Agreement shall be in writing and shall be addressed, and delivered

or mailed postage prepaid, to the other parties hereto at such addresses as such other parties may designate from time to time for the receipt of such notices. Until further notice, the address of each party to this Agreement for this purpose shall be the following:

If to StartEngine:

StartEngine Assets LLC

8687 Melrose Ave 7th Floor - Green Building, Los Angeles, CA 90069

Attn: Howard Marks

If to the Company: LK Advisors, Inc.

662 N. Sepulveda Blvd., Suite 300 Los Angeles, CA 90049

Attn: Barry Levenson

13.Disclaimer. The Company acknowledges and agrees that its use of the Platform provided by StartEngine is done at the Company’s own risk. To the fullest extent permissible by law, neither StartEngine nor any other party involved in creating, producing, or delivering the Platform shall be liable to the Company or any third-party for any lost profits or lost opportunity, or for any direct, incidental, consequential, special, indirect or punitive damages arising out of the Company’s access to, or use of, the Platform. In addition, the Company acknowledges that it will be solely accountable for all content on and relating to the Offering on www.startengine.com. Without limiting the foregoing, everything on the Platform is provided to the Company “as is” without warranties or guarantees of any kind, either expressed or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

14.Validity. In case any term of this Agreement will be held invalid, illegal or unenforceable, in whole or in part, the validity of any of the other terms of this Agreement will not in any way be affected thereby.

15.Entire Agreement Counterparts; Amendments. This Agreement is the final, complete, and exclusive agreement of the parties with respect to the subject matter hereof and supersedes and merges all prior or contemporaneous communications and understandings between the parties. No modification of or amendment to this Agreement will be effective unless in writing and signed by the party to be charged. This Agreement may be executed in counterparts and each of such counterparts will for all purposes be deemed to be an original, and such counterparts will together constitute one and the same instrument.

16. Press and Marketing. The Company agrees that StartEngine shall, from and after any closing, have the

right to reference the Offering and StartEngine’s role in connection therewith in StartEngine’s marketing materials and on its website and to place advertisements in financial and other newspapers and journals, in each case at its own expense. The Company also acknowledges that StartEngine has the right to utilize the email database of its all users of the Platform for the purposes of marketing and promotion. StartEngine has the right to publish all campaign statistics. StartEngine shall provide appropriate placements and sizes and provide a link to the artwork options for use by the Company in any advertising that Company chooses to do where it includes the StartEngine name.

[SIGNATURE PAGE TO FOLLOW]

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and delivered by their duly authorized officers as of the date hereof.

STARTENGINE ASSETS, LLC

By:

Name: Johanna Cronin

Title: CMO

LK ADVISORS, INC.

 

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