Execution Version
INCREMENTAL JOINDER AND AMENDMENT NO. 1
THIS INCREMENTAL JOINDER AND AMENDMENT NO. 1 (this “Agreement”), dated as of
December 19, 2019, is among Lippert Components, Inc., a Delaware corporation
(“Lippert”), LCI INDUSTRIES B.V., a Netherlands limited liability company
(besloten vennootschap met beperkte aansprakelijkheid) having its statutory seat
(statutaire zetel) in Amsterdam, the Netherlands and registered with the Dutch
Trade Register (Kamer van Koophandel) under number 70655421 (“LCI BV”), LCI
Industries C.V., a Netherlands limited partnership (commanditaire vennootschap)
having its official seat in Elkhart Indiana, the United States of America and
registered with the Dutch Trade Register (Kamer van Koophandel) under number
70630518 (“LCI CV”; and together with LCI BV, the “Dutch Borrowers”), LCI
Industries Pte. Ltd., a company incorporated under the laws of Singapore with
company registration number 201932119H (the “New Foreign Borrower”; together
with the Dutch Borrowers, the “Foreign Borrowers”; and the Foreign Borrowers
together with Lippert, the “Borrowers”), LCI Industries, a Delaware corporation
(the “Company”), each other Subsidiary of the Company listed on the signature
pages hereto (together with the Borrowers and the Company, the “Loan Parties”),
the Lenders party hereto and JPMorgan Chase Bank, N.A., as administrative agent
(in such capacity, the “Administrative Agent”).
PRELIMINARY STATEMENTS:
(1) The Borrowers, the Company, the lenders party thereto and the Administrative
Agent are parties to the Fourth Amended and Restated Credit Agreement dated as
of December 14, 2018 (as amended, restated, supplemented or otherwise modified
from time to time, the “Credit Agreement”). Capitalized terms not otherwise
defined in this Agreement have the same meanings as specified in the Credit
Agreement.
(2) The Borrower has requested Incremental Term Loans to be made pursuant to
Section 2.04(a) of the Credit Agreement, and the Lenders identified as
“Incremental Lenders” on Schedule 1 hereto (the “Incremental Lenders”) have
agreed to provide such Incremental Term Loans (the “Term Loans”) by the
principal amounts set forth opposite its name on Schedule 1 hereto, subject to
the terms and conditions set forth herein.
Section 1. Incremental Commitments.
(a)Pursuant to Section 2.04(a) of the Credit Agreement, and subject to the
satisfaction of the conditions set forth in Section 5 hereof, each Incremental
Lender agrees, severally and not jointly, to provide a Term Loan Commitment and
to make a Term Loan on the Increase Effective Date in a principal amount equal
to the amount set forth opposite its name in Schedule 1 hereto (each such
commitment, an “Incremental Commitment” and, collectively, the “Incremental
Commitments”), subject to the terms and conditions set forth herein.

        
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(b)Each Incremental Lender acknowledges and agrees that upon the occurrence of
the Increase Effective Date, (a) it shall be bound under this Amendment and (b)
with respect to its Term Loan Commitment and its Term Loans it shall be bound
under the Credit Agreement (as amended hereby) as a Lender holding a Term Loan
Commitment and a Term Loan for all purposes of, the Credit Agreement and the
other Loan Documents, and shall perform all the obligations of and shall have
all rights of a Lender thereunder. The Term Loan Commitments provided hereunder
shall terminate on the Increase Effective Date immediately upon the borrowing of
the Term Loans.
(c)From and after the Increase Effective Date, the “Commitments” as defined in
the Credit Agreement (prior to giving effect to this Amendment) shall be
referred to as the “Revolving Commitments”.
Section 2. Amendment. Effective as of the Increase Effective Date, the Credit
Agreement (excluding the Schedules and Exhibits thereto, but including Exhibits
A, B and C thereto) is hereby amended to delete the stricken text (indicated
textually in the same manner as the following example: stricken text) and to add
the double-underlined text (indicated textually in the same manner as the
following example: doubleunderline1.jpg [doubleunderline1.jpg]) as set forth in
the pages of the Credit Agreement attached as Exhibit A hereto.
Section 3. Conditions to Effectiveness. This Agreement, the amendments and
waivers set forth herein and the Incremental Commitments shall be effective on
and as of the date (the “Increase Effective Date”) on which the following
conditions shall have been satisfied:
(a)The Administrative Agent shall have received from each Loan Party and each
Lender (including each Incremental Lender and the Administrative Agent) either
(i) an original counterpart of this Agreement signed on behalf of such party or
(ii) written evidence satisfactory to the Administrative Agent (which may
include telecopy or .pdf transmission of a signed signature page of this
Agreement) that such party has signed a counterpart of this Agreement (followed
promptly by original counterparts to be delivered to the Administrative Agent).
(b)The Lenders shall have received satisfactory opinions of counsel to the
Borrowers and the Guarantors (which shall cover, among other things, authority,
legality, validity, binding effect and enforceability of this Agreement) and of
appropriate local counsel and such corporate resolutions, certificates and other
documents as the Incremental Lenders shall reasonably require.
(c)The Administrative Agent shall have received a certificate, dated the
Increase Effective Date and signed by the President, a Vice President or a
Financial Officer of the Company, confirming compliance with the conditions set
forth in paragraphs (a) and (b) of Section 4.02 of the Credit Agreement.
(d)The Administrative Agent shall have received such documents and certificates
as the Administrative Agent or its counsel may reasonably request relating to
the organization, existence and good standing, to the extent such concept is
applicable in the relevant jurisdiction, of each Loan Party, the authorization
of the Transactions and any other legal matters relating to the Loan Parties,
this Agreement or the Transactions, all in form and substance satisfactory to
the Administrative Agent and its counsel.

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(e)The Administrative Agent shall have received evidence that the New Foreign
Borrower shall have become a party to the Credit Agreement pursuant to Section
1.07 of the Credit Agreement.
(f)The Administrative Agent shall have received all fees and other amounts due
and payable on or prior to the Effective Date, including, to the extent
invoiced, reimbursement or payment of all out of pocket expenses required to be
reimbursed or paid by the Borrowers hereunder or under the Credit Agreement.
Section 4. Confirmation. Each Loan Party agrees that each Loan Document to which
it is a party, and each security interest granted by it thereunder, is hereby
reaffirmed, ratified, approved and confirmed in each and every respect on and
after the Increase Effective Date, except that each reference in the Credit
Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like
import referring to the Credit Agreement, and each reference in the other Loan
Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like
import referring to the Credit Agreement shall mean and be a reference to the
Credit Agreement, as modified by this Agreement. In all other respects, the
terms of the Credit Agreement and the other Loan Documents are hereby confirmed.
Section 5. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of New York.
Section 6. Miscellaneous. This Agreement may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall
constitute an original, but all of which when taken together shall constitute a
single contract. The provisions of Section 9.09(b), (c), (d) and (e) and Section
9.10 of the Credit Agreement are incorporated herein mutatis mutandis, and the
parties hereto hereby agree that such provisions shall apply to this Agreement
with the same force and effect as if set forth herein in their entirety.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their respective authorized officers as of the day and year first
above written.

LCI INDUSTRIES

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

LIPPERT COMPONENTS, INC.,

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

LCI SERVICE CORP.,

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

LIPPERT COMPONENTS MANUFACTURING, INC.,

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

INNOVATIVE DESIGN SOLUTIONS, INC.,

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

TAYLOR MADE GROUP, LLC,

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

Incremental Joinder and Amendment No. 1
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LCI INDUSTRIES C.V., Represented by its sole general partner, kinro texas inc.

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: CFO

LCI INDUSTRIES B.V.

By:
s/s Brian M. Hall

Name: Brian M. Hall
Title: Director

JPMORGAN CHASE BANK, N.A., individually as a Lender, as an Issuing Bank and as
Administrative Agent

By:
s/s Thomas W. Harrison

Name: Thomas W. Harrison
Title: Executive Director

WELLS FARGO BANK, NATIONAL ASSOCIATION, as an Issuing Bank and as a Lender

By:
s/s John E. Burda

Name: John E. Burda
Title: Senior Vice President

Bank of America, N.A., as a Lender

By:
s/s Brian D. Smith

Name: Brian D. Smith
Title: Senior Vice President

Incremental Joinder and Amendment No. 1
735381809

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TRUIST BANK, as successor by merger to SunTrust Bank, as a Lender

By:
s/s Carlos Cruz

Name: Carlos Cruz
Title: Director

BMO Harris Bank N.A., as a Lender

By:
s/s Joshua Hovermale

Name: Joshua Hovermale
Title: Director

Bank of the West, as a Lender

By:
s/s David Wang

Name: David Wang
Title: Director

U.S. Bank, National Association, as a Lender

By:
s/s Monica A. Stariha

Name: Monica A. Stariha
Title: Vice President

Incremental Joinder and Amendment No. 1
735381809

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TRUIST BANK, FORMERLY KNOWN AS BRANCH BANKING & TRUST COMPANY, as a Lender

By:
s/s Ryan T. Hamilton

Name: Ryan T. Hamilton
Title: Senior Vice President

Fifth Third Bank, as a Lender

By:
s/s William R. Veal

Name: William R. Veal
Title: Vice President

HSBC Bank USA, National Association, as a Lender

By:
s/s Matthew Brannon

Name: Matthew Brannon
Title: Vice President

Incremental Joinder and Amendment No. 1
735381809

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Schedule 1

Incremental LendersTerm Loan CommitmentsJPMorgan Chase Bank,
N.A.$40,000,000Wells Fargo Bank, N.A.$40,000,000Bank of America,
N.A.$50,000,000Truist Bank, as successor by merger to SunTrust
Bank$30,000,000BMO Harris Bank N.A.$50,000,000Bank of the West$22,500,000U.S.
Bank, National Association$22,500,000Fifth Third Bank$30,000,000HSBC Bank USA,
National Association$15,000,000TOTAL  $300,000,000

        

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Execution Version
Exhibit A

Amended Credit Agreement

        
735381809

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