Company: SSUP
Filing Date: 2025-07-09
Form Type: DEFA14A
Source: 0001193125-25-157148
Chunk: 188

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-09
Form: DEFA14A
Chunk 188
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, warranties, and covenants consistent in all respects with the terms of this Agreement and                                                                                                                                      
 otherwise shall be in form and substance reasonably acceptable to the Company and to the Requisite Consenting Term Loan Lenders; provided, that, solely during the TPG Support Period, the provisions of the Definitive Documents specifying the Out-of-Court Preferred Shareholder Equity Distribution or the In-Court Preferred Shareholder Equity Distribution shall additionally be 
 reasonably acceptable to TPG.                                                                                                                                                                                                                                                                                                                                                           |

| (c) | Commencement of Chapter 11 Cases; Chapter 11 Milestones. |

| (i) | Subject to the consent of the Requisite Consenting Term Loan Lenders, the Transaction shall be implemented                                                                                                                                                                                                                                                                                       
 through a Chapter 11 Structure if reasonably necessary or desirable to effectuate and consummate the Transaction, in the event that (A) the Merger Agreement has been terminated or (B) the Out-of-Court Milestones have not been satisfied by the Company or otherwise extended or waived in writing (with email among counsel being sufficient) by the Requisite Consenting Term Loan Lenders. |

| (ii) | If the Merger Agreement has been terminated or the Company fails to satisfy an                                                                                                                                                                          
 Out-of-Court Milestone during the Support Period and such milestone has neither been extended nor waived in writing (with email among counsel being sufficient) by the                                                                                  
 Requisite Consenting Term Loan Lenders, each Debtor shall file with the Bankruptcy Court a voluntary petition for relief under chapter 11 of the Bankruptcy Code and any and all other documents necessary to commence the Chapter 11 Cases by no later 
 than the date that is fifteen (15) Business Days following the termination of the Merger Agreement or the Company’s failure to satisfy such Out-of-Court                                                                                                
 Milestone, respectively (the “Commencement Deadline”).                                                                                                                                                                                                  |

9

| (iii) | If the Transaction is implemented through a Chapter 11 Structure, the following milestones shall apply to this                                                          
 Agreement unless extended or waived in writing (with email among counsel being sufficient) by the Requisite Consenting Term Loan Lenders (the “Chapter 11 Milestones”): |

| a) | In the event of prepackaged Chapter 11 Cases, no later than seven Business Days prior to the Petition Date, the 
 Company shall commence the Solicitation;                                                                        |

| b) | In the event of prepackaged Chapter 11 Cases, no later than two Business Days prior to the