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Execution Version AMENDMENT NO. 1 TO CREDIT AGREEMENT This Amendment No. 1 to
Credit Agreement, dated as of October 16, 2017 (this “Amendment”), is among
Cooper Tire & Rubber Company, a Delaware corporation, as a borrower (the
“Company”), the Lenders party hereto, and JPMorgan Chase Bank, N.A., as
administrative agent (the “Administrative Agent”). Capitalized terms not
otherwise defined herein have the meanings assigned to them in the Credit
Agreement referenced below. W I T N E S S E T H: WHEREAS, the Company, the
Lenders party thereto, and the Administrative Agent are parties to that certain
Credit Agreement, dated as of May 27, 2015 (as amended, restated, supplemented
or otherwise modified from time to time, the “Credit Agreement”); and WHEREAS,
the Company has requested that the Administrative Agent and the Required Lenders
amend the Credit Agreement as set forth herein, and the Administrative Agent and
the Lenders party hereto have agreed to so amend the Credit Agreement upon the
terms and subject to the conditions set forth herein. NOW, THEREFORE, in
consideration of the mutual agreements, provisions and covenants contained
herein, the parties hereto agree as follows: 1. Amendments to the Credit
Agreement. Effective as of the date that the conditions precedent set forth in
Section 2 below are satisfied, the parties hereto agree that the Credit
Agreement is hereby amended as follows: (a) Section 1.01 of the Credit Agreement
is hereby amended to add the following new definitions in alphabetical order:
“Owned IRBs” means any Permitted IRB owned in its entirety by the Company or any
of its Domestic Subsidiaries. “Permitted IRBs” means any industrial revenue
bonds or similar instrument related to a project or other transaction by the
Company or any of its Domestic Subsidiaries, in each case, as the same may be
amended, restated, supplemented, renewed, refinanced, replaced or otherwise
modified from time to time. “Permitted Owned IRB Obligations” means the
obligations of the Company and its Domestic Subsidiaries incurred under,
including any guaranty of, the Owned IRBs. (b) Section 1.01 of the Credit
Agreement is further amended by amending the definition of “Indebtedness” to add
the following to the end thereof: “Notwithstanding anything in this definition
to the contrary, Owned IRB Obligations shall not constitute Indebtedness for
purposes of this Agreement.” (c) Section 6.02 of the Credit Agreement is hereby
amended to (i) delete the word “and” at the end of clause (t) thereof, (ii)
re-designating existing clause (u) as clause (v), and (iii) adding the following
new clause (u) thereto:

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2 (u) Liens on the applicable fixed or capital assets under any Permitted Owned
IRB Obligation securing the applicable Permitted Owned IRB Obligations; (d)
Section 6.04 of the Credit Agreement is hereby amended to (i) add the following
new clause (u) after the existing clause (t), (ii) label the existing clause (u)
as clause (v) and (iii) make any related punctuation and grammatical changes as
a result of such amendments: (u) the purchase of the Owned IRBs; and (e) Section
6.05 of the Credit Agreement is hereby amended to add the following new clause
(r) thereto and make any related punctuation and grammatical changes as a result
thereof: (r) the sale or transfer of fixed or capital assets to governmental or
similar entities required in connection with the Owned IRBs to obtain the tax
advantage thereof, provided such assets are simultaneously leased back by the
Company or a Domestic Subsidiary and title reverts back to the Company or
applicable Domestic Subsidiary at the termination of the applicable Owned IRB.
(f) Section 6.06 of the Credit Agreement is hereby amended and restated in its
entirety as follows: SECTION 6.06. Sale and Leaseback Transactions. No Loan
Party will, nor will it permit any Subsidiary to, enter into any arrangement,
directly or indirectly, whereby it shall sell or transfer any property, real or
personal, used or useful in its business, whether now owned or hereafter
acquired, and thereafter rent or lease such property or other property that it
intends to use for substantially the same purpose or purposes as the property
sold or transferred (a “Sale and Leaseback Transaction”), except for any such
sale of any fixed or capital assets by any Borrower or any Subsidiary (a) that
is made in connection with the Owned IRBs and permitted under Section 6.05(r),
or (b) (i) that is made for cash consideration in an amount not less than the
fair value of such fixed or capital asset, (ii) in respect of which the net cash
proceeds received in connection therewith does not exceed $50,000,000 in the
aggregate for all such Sale and Leaseback Transactions on or after the Effective
Date, determined on a consolidated basis for the Company and its Subsidiaries,
and (iii) that is consummated within 180 days after such Borrower or such
Subsidiary acquires or completes the construction of such fixed or capital
asset. (g) Subclause (iii) of Section 6.10 of the Credit Agreement is hereby
amended and restated as follows: (iii) the foregoing shall not apply to
customary restrictions and conditions contained in agreements relating to (x) a
sale or other disposition permitted hereunder, (y) a Permitted Acquisition or
(z) Owned IRBs; 2. Conditions Precedent. The effectiveness of this Amendment is
subject to the following conditions precedent: (a) the Administrative Agent
shall have received counterparts of (i) this Amendment, duly executed by the
Company, the Required Lenders and the Administrative Agent and (i) the consent
and agreement to this Amendment, duly executed by each Guarantor; and

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3 (b) the Administrative Agent shall have received reimbursement of the
Administrative Agent’s expenses for which invoices have been presented
(including reasonable and documented fees and expenses of counsel for the
Administrative Agent) at least two (2) Business Days prior to the date hereof in
connection with this Amendment. 3. Representations and Warranties. To induce the
Administrative Agent and the Lenders party hereto to enter into this Amendment,
the Company hereby represents and warrants to the Administrative Agent and the
Lenders that: (a) This Amendment constitutes a legal, valid and binding
obligation of the Company, enforceable in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other laws
affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at law.
(b) As of the date hereof and after giving effect to the terms of this
Amendment, (i) no Default or Event of Default has occurred and is continuing and
(ii) the representations and warranties of the Company set forth in the Loan
Documents are true and correct in all material respects (or in all respects if
such representation or warranty is qualified by Material Adverse Effect or other
materiality qualifier) with the same effect as though made on and as of the date
hereof, except to the extent that any such representation or warranty
specifically refers to an earlier date, in which case such representation or
warranty is true and correct in all material respects (or in all respects if
such representation or warranty is qualified by Material Adverse Effect or other
materiality qualifier) as of such earlier date. 4. Reference to and Effect on
the Credit Agreement. (a) Upon the effectiveness hereof, each reference to the
Credit Agreement in the Credit Agreement or any other Loan Document shall mean
and be a reference to the Credit Agreement as amended hereby. (b) The Credit
Agreement and all other Loan Documents shall remain in full force and effect and
are hereby reaffirmed, ratified and confirmed, and the Company acknowledges and
agrees that it has no set off, counterclaim, defense or other claim or dispute
with respect to any Loan Document. (c) The liens and security interests in favor
of the Administrative Agent for the benefit of the Secured Parties securing
payment of the Secured Obligations (and all filings with any Governmental
Authority in connection therewith) are in all respects continuing and in full
force and effect with respect to all Secured Obligations. (d) Except with
respect to the subject matter hereof, the execution, delivery and effectiveness
of this Amendment shall not operate as a waiver of any right, power or remedy of
the Administrative Agent or the Lenders, nor constitute a waiver of any
provision of the Credit Agreement or any other documents, instruments and
agreements executed and/or delivered in connection therewith. (e) This Amendment
is a Loan Document under (and as defined in) the Credit Agreement. 5. Release of
Claims. In further consideration of the execution by the Administrative Agent
and the Lenders party hereto of this Amendment, the Company and its successors
and assigns (collectively, the “Releasors”) each hereby confirms that (a) it
does not have any grounds, and hereby agrees not to

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4 challenge (or to allege or to pursue any matter, cause or claim arising under
or with respect to), in any case based upon acts or omissions of the
Administrative Agent or any of the Lenders, the effectiveness, genuineness,
validity, collectibility or enforceability of the Credit Agreement or any of the
other Loan Documents, the Secured Obligations, the Liens securing such Secured
Obligations, or any of the terms or conditions of any Loan Document and (b) it
does not possess and hereby completely, voluntarily, knowingly, and
unconditionally releases and forever discharges the Administrative Agent, each
of the Lenders, each of their advisors, professionals and employees, each
affiliate of the foregoing and all of their respective successors and assigns
(collectively, the “Releasees”), from any and all claims, actions, suits, and
other liabilities, including, without limitation, any so-called “lender
liability” claims or defenses (collectively, “Claims”), whether arising in law
or in equity, which any of the Releasors ever had, now has or hereinafter can,
shall or may have against any of the Releasees for, upon or by reason of any
matter, cause or thing whatsoever from time to time occurred on or prior to the
date hereof, in any way concerning, relating to, or arising from (i) any of the
Releasors, (ii) the Secured Obligations, (iii) the Collateral, (iv) the Credit
Agreement or any of the other Loan Documents, (v) the financial condition,
business operations, business plans, prospects or creditworthiness of any Loan
Party and/or (vi) the negotiation, documentation and execution of this Amendment
and any documents relating hereto. The Releasors hereby acknowledge that they
have been advised by legal counsel of the meaning and consequences of this
release. 6. Miscellaneous. (a) Governing Law. This Amendment shall be construed
in accordance with and governed by the law of the State of New York. (b)
Headings. Section headings in this Amendment are included herein for convenience
of reference only and shall not constitute a part of this Amendment for any
other purpose. (c) Counterparts. This Amendment may be executed by one or more
of the parties hereto on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same
instrument. Delivery of an executed counterpart of a signature page of this
Amendment by facsimile, PDF or any other electronic means that reproduces an
image of the actual executed signature page shall be effective as delivery of a
manually executed counterpart of this Amendment. [Remainder of Page
Intentionally Left Blank]

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1 CONSENT AND AGREEMENT As of the date and year first above written: (a) Each of
the undersigned hereby fully consents to the terms and provisions of the above
Amendment and the consummation of the transactions contemplated hereby and
acknowledges and agrees to all of the representations, covenants, terms and
provisions of the above Amendment applicable to it. (b) Except as expressly
amended hereby, each of the undersigned hereby acknowledges and agrees that (i)
the Credit Agreement and all Loan Documents to which it is a party are ratified
and confirmed and shall remain in full force and effect, and (ii) it has no set
off, counterclaim, defense or other claim or dispute with respect to any Loan
Document.

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