Exhibit 10.1 SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT This Second Amendment to Amended and Restated Loan and Security Agreement (this “Amendment”), dated as of August 13, 2021, is executed and delivered by OLO INC. (f/k/a Mobo Systems, Inc.) (“Borrower”) and PACIFIC WESTERN BANK, a California state chartered bank (“Bank”). Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to those terms in the Loan Agreement (as defined below). RECITALS a. Borrower and Bank are parties to that certain Amended and Restated Loan and Security Agreement dated as of February 11, 2020, as amended by that certain First Amendment to Amended and Restated Loan and Security Agreement dated as of April 29, 2021 (the “Original Agreement”). b. From and after the date hereof, Borrower and Bank desire to supplement the terms and provisions of the Original Agreement as provided herein. The Original Agreement as amended hereby and as the same may be hereafter supplemented, amended, modified or restated from time to time is hereinafter referred to as the “Loan Agreement.” NOW, THEREFORE, in consideration of the promises herein contained, and for other good and valuable consideration (the receipt, sufficiency and adequacy of which are hereby acknowledged), the parties hereto (intending to be legally bound) hereby agree as follows: 1. Incorporation . The foregoing preamble and recitals are incorporated herein by this reference. 2. Amendment . The Loan Agreement is hereby amended, as follows: (a) Section 6.2(i) of the Loan Agreement is hereby amended and restated in its entirety, as follows: (i) as soon as available, but in any event (A) within 45 days after the end of each fiscal quarter ending March 31, June 30, September 30, and December 31 or (B) no later than the date that the applicable quarterly reporting is filed with the Securities and Exchange Commission, a company prepared consolidated and consolidating balance sheet, income statement, and statement of cash flows covering Borrower's operations during such period, in a form reasonably acceptable to Bank and certified by a Responsible Officer; provided, however, that if Borrower has any outstanding Credit Extensions, all quarterly reporting requirements set forth in this Section 6.2(i) shall instead be delivered to Bank on a monthly basis, within 45 days after the last day of each calendar month; (b) Section 6.2(i)(a) of the Loan Agreement is hereby amended and restated in its entirety, as follows:
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