Exhibit 10.1
Execution Version
AMENDMENT NO. 4 TO CREDIT AGREEMENT

AMENDMENT NO. 4 TO CREDIT AGREEMENT, dated as of November 4, 2014 (this
“Amendment”), is entered into by and among SENSATA TECHNOLOGIES B.V., a besloten
vennootschap organized under the laws of the Netherlands (the “BV Borrower”),
SENSATA TECHNOLOGIES FINANCE COMPANY, LLC, a Delaware limited liability company
(the “US Borrower”, and together with the BV Borrower, the “Borrowers”), SENSATA
TECHNOLOGIES INTERMEDIATE HOLDING B.V., a besloten vennootschap organized under
the laws of the Netherlands (the “Parent”), the undersigned guarantors (together
with the Parent, the “Guarantors”), MORGAN STANLEY SENIOR FUNDING, INC., as sole
lead arranger and bookrunner and as administrative agent on behalf of the
lenders party to the Credit Agreement (as defined below) (in such capacity, the
“Administrative Agent”) and the undersigned lenders (the “Lenders”).
PRELIMINARY STATEMENTS:
WHEREAS, the Borrowers, the Parent, the Administrative Agent and certain lenders
entered into that certain Credit Agreement, dated as of May 12, 2011 (as
amended, amended and restated, supplemented, waived or otherwise modified prior
to the date hereof, the “Credit Agreement”; capitalized terms not otherwise
defined in this Amendment have the same meanings as specified in the Credit
Agreement);

WHEREAS, the Borrowers, the Parent, the Administrative Agent and the Lenders
have agreed to amend the Credit Agreement as hereinafter set forth;

NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration (the receipt and sufficiency of which are hereby acknowledged),
the parties hereto hereby agree as follows:

SECTION 1.Amendments to Credit Agreement. The Credit Agreement is, subject to
the satisfaction (or waiver by the Administrative Agent) of the conditions
precedent set forth in Section 3, hereby amended as follows:
(a)Section 1.01 of the Credit Agreement shall be amended by adding the following
new definitions thereto in proper alphabetical order:
“Fourth Amendment” means that certain Amendment No. 4 to Credit Agreement, dated
as of November 4, 2014, among the BV Borrower, the US Borrower, the Parent, the
other Guarantors party thereto, Morgan Stanley Senior Funding, Inc., as the
Administrative Agent, and certain Lenders party thereto.
“Fourth Amendment Effective Date” means the date on which all of the conditions
contained in Section 3 of the Second Amendment have been satisfied or waived by
the Administrative Agent.

(b)Section 2.09(a) of the Credit Agreement is hereby amended by replacing the
section in its entirety with the following:
“Revolving Credit Commitment Fee. The Borrowers shall pay to the Administrative
Agent for the account of each Revolving Credit Lender a commitment fee (each, a
“Revolving Credit Commitment Fee” and, collectively, the “Revolving Credit
Commitment Fees”) equal

Amendment No. 4 to
Credit Agreement

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to the Applicable Rate times the unused portion of such Revolving Credit
Lender’s Dollar Revolving Credit Commitment or, if greater, the Dollar Amount of
the unused portion of such Revolving Credit Lender’s Euro Revolving Credit
Commitment; provided that any Revolving Credit Commitment Fee accrued with
respect to the unused portion of the Revolving Credit Commitment of a Defaulting
Lender during the period prior to the time such Lender became a Defaulting
Lender and unpaid at such time shall not be payable by the Borrowers so long as
such Lender shall be a Defaulting Lender except to the extent that such
Revolving Credit Commitment Fee shall otherwise have been due and payable by the
Borrowers prior to such time; and provided further that no Revolving Credit
Commitment Fee shall accrue on the unused portion of the Revolving Credit
Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting
Lender. The Revolving Credit Commitment Fees shall accrue at all times from the
date hereof until the Maturity Date for the Revolving Credit Facility, including
at any time during which one or more of the conditions in Article 4 is not met,
and shall be due and payable quarterly in arrears on the last Business Day of
each March, June, September and December, commencing with the first such date to
occur after the Closing Date, and on the Maturity Date for the Revolving Credit
Facility. The Revolving Credit Commitment Fees shall be calculated quarterly in
arrears, and if there is any change in the Applicable Rate during any quarter,
the actual daily amount shall be computed and multiplied by the Applicable Rate
separately for each period during such quarter that such Applicable Rate was in
effect.”

SECTION 2. Reference to and Effect on the Loan Documents.
(a)On and after the Effective Date (as defined below), each reference in the
Credit Agreement to “this Agreement”, “hereunder”, “hereof” 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 amended by this Amendment. For the avoidance of doubt, this
Amendment shall also constitute a Loan Document under the Credit Agreement, as
amended by the Amendment.

(b) The Credit Agreement, as specifically amended by this Amendment, and the
other Loan Documents are, and shall continue to be, in full force and effect,
and are hereby in all respects ratified and confirmed.
(c) Except as expressly provided herein, the execution, delivery and
effectiveness of this Amendment shall not operate as a waiver of any right,
power or remedy of any Lender or the Administrative Agent under the Credit
Agreement or any other Loan Document, nor shall it constitute a waiver of any
provision of the Credit Agreement or any Loan Document.

SECTION 3.Conditions of Effectiveness for Amendment. This Amendment shall become
effective as of the date (the “Effective Date”) on which the following
conditions shall have been satisfied (or waived by the Administrative Agent):
(a)The Administrative Agent shall have received counterparts of this Amendment
executed by the BV Borrower, the US Borrower, the Parent, the other Guarantors,
the Required Lenders and each Lender directly affected by this Amendment, on, or
prior to, 5:00 p.m., New York City time on November 4, 2014 (the “Consent
Deadline”);

(b)The Administrative Agent shall have received a certificate of the BV Borrower
dated as of the Effective Date signed on behalf of the BV Borrower by a
Responsible Officer of the BV Borrower,

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Amendment No. 4
to Credit Agreement    

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certifying on behalf of the Borrowers that immediately before and after giving
effect to this Amendment and the transactions contemplated hereby, the
representations and warranties set forth in Article 5 of the Credit Agreement
(as amended by this Amendment) and in the other Loan Documents are true and
correct in all material respects as of the Effective Date, with the same effect
as though made on and as of such date, except (i) to the extent that such
representations and warranties specifically refer to an earlier date, in which
case they shall be true and correct in all material respects as of such earlier
date, (ii) that for purposes of this Section 3(b), the representations and
warranties contained in Sections 5.05(a) and 5.05(b) of the Credit Agreement (as
amended by this Amendment) shall be deemed to refer to the most recent financial
statements furnished pursuant to Sections 6.01(a) and 6.01(b) of the Credit
Agreement (as amended by this Amendment) and, in the case of the financial
statements furnished pursuant to Section 6.01(b) of the Credit Agreement (as
amended by this Amendment), the representations contained in Section 5.05(a) of
the Credit Agreement (as amended by this Amendment), as modified by this clause
(ii), shall be qualified by the statement that such financial statements are
subject to the absence of footnotes and year-end audit adjustments and (iii) to
the extent that such representations and warranties contain a materiality
qualification, such representations and warranties shall be accurate in all
respects; and
(c)Immediately prior to and after giving effect to the Effective Date, no
Default or Event of Default has occurred and is continuing.

SECTION 4.Representations and Warranties. Each of the Parent and the Borrowers
hereby represents and warrants to the Administrative Agent that:
(a)on and as of the date hereof (i) it has all requisite corporate or other
power and authority to enter into and perform its obligations under this
Amendment, the Credit Agreement as amended hereby and the other Loan Documents
to which it is a party, and (ii) this Amendment has been duly authorized,
executed and delivered by it; and

(b)this Amendment, and the Credit Agreement as amended hereby, constitute legal,
valid and binding obligations of such party, enforceable against it in
accordance with their respective terms, except as such enforceability may be
limited by bankruptcy, insolvency, reorganization, receivership, moratorium or
other Laws affecting creditors’ rights generally and by general principles of
equity (regardless of whether enforcement is sought in equity or at law).
SECTION 5.Costs and Expenses. The Borrowers agree that all reasonable and
documented out-of-pocket expenses incurred by the Administrative Agent in
connection with the preparation, execution, delivery and administration,
modification and amendment of this Amendment and the other instruments and
documents to be delivered hereunder or in connection herewith (including,
without limitation, the Attorney Costs of one counsel for all Lenders and the
Administrative Agent (which shall be Shearman & Sterling LLP)), are expenses
that the Borrowers are required to pay or reimburse pursuant to Section 10.04 of
the Credit Agreement.
SECTION 6.Execution in Counterparts. This Amendment may be executed in one or
more counterparts (and by different parties hereto in different counterparts),
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. Delivery by telecopier or other
electronic transmission of an executed counterpart of a signature page to this
Amendment, including by email with a pdf copy hereof attached, shall be
effective as delivery of an original executed counterpart of this Amendment.

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Amendment No. 4
to Credit Agreement    

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SECTION 7.Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.
SECTION 8.Waiver of Right of Trial by Jury. This Amendment is subject to the
provisions of Section 10.18 of the Credit Agreement relating to waiver of right
to trial by jury, the provisions which are by this reference incorporated herein
in full.
SECTION 9.Guarantor Affirmation. Each Guarantor party hereto hereby
(a) acknowledges and consents to this Amendment; (b) ratifies and confirms all
of its respective obligations and liabilities under the Loan Documents (as
amended by the Amendment) to which it is a party and ratifies and confirms that
such obligations and liabilities remain in full force and effect and extend to
and continue in effect with respect to, and continue to guarantee and secure, as
applicable, the obligations of the Borrowers under the Credit Agreement; (c)
acknowledges and confirms that the liens and security interests granted by it
pursuant to the Collateral Documents to which it is a party are and continue to
be valid and perfected (if and to the extent required to be perfected under the
Collateral Documents to which it is a party) liens and security interests in the
Collateral (subject only to Liens permitted under the Loan Documents) that
secure all of the obligations of such Guarantor under the Loan Documents to
which it is a party to the same extent that such liens and security interests in
the Collateral were valid and perfected (if and to the extent required to be
perfected under the Collateral Documents to which it is a party) immediately
prior to giving effect to the execution and delivery of the Amendment; (d)
acknowledges and agrees that such Guarantor does not have any claim or cause of
action against the Administrative Agent or any Lender (or any of its respective
directors, officers, employees, or agents) on or prior to the date hereof; and
(e) acknowledges, affirms, and agrees that such Guarantor does not have any
defense, claim, cause of action, counterclaim, offset or right of recoupment of
any kind or nature against any of its obligations, indebtedness or liabilities
to the Administrative Agent or any Lender on or prior to the date hereof.

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Amendment No. 4
to Credit Agreement    

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IN WITNESS WHEREOF, the parties have caused this Amendment No. 4 to Credit
Agreement to be executed by their respective authorized officers as of the date
first above written.
 
SENSATA TECHNOLOGIES B.V.,
 
 
as BV Borrower
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

 
SENSATA TECHNOLOGIES FINANCE COMPANY, LLC,
 
 
as US Borrower
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Chief Financial Officer
 

 
SENSATA TECHNOLOGIES INTERMEDIATE HOLDING B.V.,
 
 
as Parent
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

    

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES, INC.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Chief Operating Officer and Secretary
 

 
SENSATA TECHNOLOGIES MASSACHUSETTS, INC.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Vice President and Treasurer
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES HOLDING COMPANY US B.V.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

 
SENSATA TECHNOLOGIES HOLLAND, B.V.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Managing Director
 

 
SENSATA TECHNOLOGIES HOLDING
COMPANY MEXICO B.V.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES DE MÉXICO, S. DE R.L. DE C.V.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES JAPAN LIMITED,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES MALAYSIA SDN. BHD.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSOR-NITE INDUSTRIAL EOOD,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSOR-NITE NV,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES US COÖPERATIEF U.A.,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Geert Braaksma
 
 
 
Name: Geert Braaksma
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES BERMUDA LTD.,
 
 
Guarantor
 
 
 
 
 
 
By:
/s/ Steven P. Reynolds
 
 
 
Name: Steven P. Reynolds
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES US, LLC,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Secretary
 

Signature Page to
Amendment No. 4 to Credit Agreement

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SENSATA TECHNOLOGIES US II, LLC,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Secretary
 

Signature Page to
Amendment No. 4 to Credit Agreement

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ST SCHRADER HOLDING COMPANY UK LIMITED,
 
 
as Guarantor
 
 
 
 
 
 
By:
/s/ Jeffrey Cote
 
 
 
Name: Jeffrey Cote
 
 
 
Title: Director
 

Signature Page to
Amendment No. 4 to Credit Agreement

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MORGAN STANLEY SENIOR FUNDING, INC.,
 
 
as Administrative Agent
 
 
 
 
 
 
By:
/s/ Jon Rauen
 
 
 
Name: Jon Rauen
 
 
 
Title: Authorized Signatory
 

Signature Page to
Amendment No. 4 to Credit Agreement

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Note: Lender signatures omitted from this Exhibit.