[briggs_amendmentno3001.jpg]
EXECUTION VERSION AMENDMENT NO. 3 TO REVOLVING CREDIT AGREEMENT This Amendment
No. 3 to Revolving Credit Agreement, dated as of April 21, 2020 (this
“Amendment”), is among BRIGGS & STRATTON CORPORATION, a Wisconsin corporation
(the “Lead Borrower”), the other Loan Parties party hereto, JPMORGAN CHASE BANK,
N.A., as Administrative Agent (the “Administrative Agent”) and the lenders party
hereto (the “Lenders”). Capitalized terms used and not otherwise defined herein
have the definitions provided therefor in the Credit Agreement referenced below.
W I T N E S S E T H: WHEREAS, the Lead Borrower, the other Borrowers from time
to time party thereto, the Lenders (as defined therein) from time to time party
thereto and the Administrative Agent are parties to that certain Revolving
Credit Agreement, dated as of September 27, 2019 (as amended, restated,
supplemented or otherwise modified from time to time prior to the date hereof,
the “Credit Agreement”; the Credit Agreement, as amended by this Amendment, the
“Amended Credit Agreement”); WHEREAS, pursuant to Section 13.12 of the Credit
Agreement, the Loan Parties party to the Credit Agreement, the Administrative
Agent and the Required Lenders may amend the Credit Agreement and in the case of
any amendment, modification, or waiver of any provision relating to the rights
or obligations of any Issuing Bank, with the consent of such Issuing Bank; and
WHEREAS, the Lead Borrower has requested that the Administrative Agent, the
Issuing Banks and the Required Lenders amend, and the Administrative Agent, the
Issuing Banks and the Required Lenders have agreed to amend, the Credit
Agreement as set forth herein. NOW, THEREFORE, in consideration of the mutual
agreements, provisions and covenants contained herein, the receipt and
sufficiency of which are hereby acknowledged, and subject to the conditions set
forth herein, the parties hereto agree as follows: 1. Amendments to the Credit
Agreement. Effective as of the date of satisfaction of the conditions precedent
set forth in Section 2 below, the parties hereto agree that: (a) Clauses (A) and
(B) of Section 2.13(b) of the Credit Agreement are hereby amended and restated
to read as follows: “(A) the LC Exposure shall not exceed $55,000,000 (the “LC
Sublimit”), (B) the North American LC Exposure shall not exceed $53,000,000 (the
“North American LC Sublimit”)” 2. Conditions Precedent. The effectiveness of
this Amendment is subject to the conditions precedent that: (a) the
Administrative Agent shall have received counterparts to (i) this Amendment,
duly executed by each Loan Party party to the Credit Agreement, the
Administrative Agent, the Issuing Banks and Lenders constituting the Required
Lenders and (ii) the Consent and Reaffirmation attached hereto, duly executed by
each Guarantor; (b) the Administrative Agent and its Affiliates shall have
received all fees and other amounts due and payable on or prior to the date
hereof, including, to the extent invoiced, reimbursement or payment of all
reasonable and documented out-of-pocket expenses (including reasonable and
documented fees and expenses of counsel for the Administrative Agent) required
US-DOCS\114544397.3

--------------------------------------------------------------------------------

 
[briggs_amendmentno3002.jpg]
to be reimbursed or paid by the Borrowers in connection with this Amendment and
the other Loan Documents. 3. Representations and Warranties. To induce the
Administrative Agent to enter into this Amendment, each Loan Party party hereto
hereby represents and warrants to the Administrative Agent and the Lenders that:
(a) This Amendment and the Amended Credit Agreement constitute its legal, valid
and binding obligations, enforceable in accordance with their terms, subject to
(i) the effects of bankruptcy, insolvency, moratorium, reorganization,
administration, examinership, fraudulent conveyance or other similar laws
affecting creditors’ rights generally, (ii) general principles of equity
(regardless of whether such enforceability is considered in a proceeding in
equity or at law) and (iii) implied covenants of good faith and fair dealing;
and (b) As of the date hereof and immediately 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 Loan Parties set
forth in the Credit Agreement are true and correct in all material respects
(without duplication of any materiality standard set forth in any such
representation or warranty), except to the extent such representations and
warranties expressly relate to an earlier date, in which case such
representations and warranties are true and correct in all material respects as
of such date (without duplication of any materiality standard set forth in any
such representation or warranty). 4. Reference to and Effect on the Credit
Agreement. (a) Upon the effectiveness hereof, each reference in the Credit
Agreement to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of like
import, and each reference in any other Loan Document to the Credit Agreement
(including, without limitation, by means of words like “thereunder,” “thereof,”
and words of like import), shall mean and be a reference to the Amended Credit
Agreement and this Amendment and the Credit Agreement shall be read together and
construed as a single instrument referred to herein as the Amended Credit
Agreement. (b) Except as expressly amended hereby, the Credit Agreement and all
other documents, instruments and agreements executed and/or delivered in
connection therewith shall remain in full force and effect and are hereby
reaffirmed, ratified and confirmed. (c) The Liens and security interests in
favor of the Collateral Agent for the benefit of the Secured Parties securing
payment of the 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 Obligations, in each case in accordance with and to
the extent contemplated by the terms of the respective Loan Documents. (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. 2

--------------------------------------------------------------------------------

 
[briggs_amendmentno3003.jpg]
5. 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.
The headings of the several Sections and subsections of this Amendment are
inserted for convenience only and shall not in any way affect the meaning or
construction of any provision of this Amendment. (c) Counterparts. This
Amendment may be executed in any number of counterparts and by the different
parties hereto on separate counterparts, each of which when so executed and
delivered shall be an original, but all of which shall together constitute one
and the same instrument. Delivery of an executed counterpart of a signature page
of this Amendment by telecopy, e-mailed .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] 3

--------------------------------------------------------------------------------

 
[briggs_amendmentno3004.jpg]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed by their respective authorized officers as of the day and year first
above written. BRIGGS & STRATTON CORPORATION, as Lead Borrower By: /s/ Andrea
Golvach Name: Andrea Golvach Title: Vice President Treasurer BRIGGS & STRATTON
AG, as Subsidiary Borrower By: /s/ Mark Schwertfeger Name: Mark Schwertfeger
Title: Member of Board of Directors Signature Page to Amendment No. 3 to Credit
Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3005.jpg]
JPMORGAN CHASE BANK, N.A., individually as a Lender, as an Issuing Bank and as
Administrative Agent By: John Morrone Name: John Morrone Title: Authorized
Signer Signature Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3006.jpg]
JPMORGAN CHASE BANK, N.A., LONDON BRANCH, as an Issuing Bank and as a Swiss
Lender By: /s/ Kennedy A. Capin Name: Kennedy A. Capin Title: Authorized Officer
Signature Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3007.jpg]
BANK OF AMERICA, N.A., as a Lender and as an Issuing Bank By: /s/ Brian Conole
Name: Brian Conole Title: Senior Vice President Signature Page to Amendment No.
3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3008.jpg]
BANK OF MONTREAL, as a Lender and as an Issuing Bank By: /s/ Brittany Malone
Name: Brittany Malone Title: Vice President BANK OF MONTREAL, LONDON BRANCH, as
a Lender and as an Issuing Bank By: /s/ Tom Woolgar Name: Tom Woolgar Title:
Managing Director By: /s/ Scott Matthews Name: Scott Matthews Title: Managing
Director Signature Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3009.jpg]
WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender and as an Issuing Bank By:
/s/ Nykole Hanna Name: Nykole Hanna Title: Authorized Signatory WELLS FARGO
BANK, NATIONAL ASSOCIATION, LONDON BRANCH, as a Lender and as an Issuing Bank
By: /s/ Steven Chait Name: Steven Chait Title: Authorised Signatory Signature
Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3010.jpg]
U.S. BANK NATIONAL ASSOCIATION, as a Lender By: /s/ Lynne Ciaccia Name: Lynne
Ciaccia Title: Authorized Officer Signature Page to Amendment No. 3 to Credit
Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3011.jpg]
CIBC BANK USA, as a Lender By: /s/ Peter B. Campbell Name: Peter B. Campbell
Title: Managing Director Signature Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3012.jpg]
FIRST MIDWEST BANK, as a Lender By: /s/ Thomas Brennan Name: Thomas Brennan
Title: Vice President Signature Page to Amendment No. 3 to Credit Agreement

--------------------------------------------------------------------------------

 
[briggs_amendmentno3013.jpg]
CONSENT AND REAFFIRMATION Each of the undersigned hereby acknowledges receipt of
a copy of the foregoing Amendment No. 3 to the Revolving Credit Agreement, dated
as of September 27, 2019 (as amended, supplemented or otherwise modified from
time to time, the “Credit Agreement”) by and among Briggs & Stratton
Corporation, a Wisconsin corporation (the “Lead Borrower”), each of the other
Borrowers party thereto from time to time, the Lenders party thereto from time
to time, the Issuing Banks party thereto from time to time and JPMorgan Chase
Bank, N.A., as the Administrative Agent, the Collateral Agent, the Australian
Security Trustee and the Swingline Lender, which Amendment No. 3 is dated as of
April 21, 2020 (the “Amendment”). Capitalized terms used in this Consent and
Reaffirmation and not defined herein shall have the meanings given to them in
the Credit Agreement. Without in any way establishing a course of dealing by the
Administrative Agent or any Lender, each of the undersigned consents to the
Amendment and reaffirms the terms and conditions of the Guarantee Agreement and
any other Loan Document executed by it and acknowledges and agrees that such
agreements and each and every such Loan Document executed by the undersigned in
connection with the Credit Agreement remains in full force and effect and is
hereby reaffirmed, ratified and confirmed. All references to the Credit
Agreement contained in the above referenced documents shall be a reference to
the Credit Agreement as so modified by the Amendment and as the same may from
time to time hereafter be amended, modified or restated. Dated: April 21, 2020
[Signature Page Follows]

--------------------------------------------------------------------------------

 
[briggs_amendmentno3014.jpg]
BRIGGS & STRATTON CORPORATION By: /s/ Andrea Golvach Name: Andrea Golvach Title:
Vice President Treasurer BRIGGS & STRATTON AG By: /s/ Mark A. Schwertfeger Name:
Mark A. Schwertfeger Title: Member of Board of Directors BRIGGS & STRATTON
INTERNATIONAL AG By: /s/ Mark A. Schwertfeger Name: Mark A. Schwertfeger Title:
Member of Board of Directors BILLY GOAT INDUSTRIES, INC. By: /s/ Andrea L.
Golvach Name: Andrea L. Golvach Title: Vice President Treasurer ALLMAND BROS.,
INC. By: /s/ Andrea L. Golvach Name: Andrea L. Golvach Title: Vice President
Treasurer Signature Page to Consent and Reaffirmation (Amendment No. 3 to Credit
Agreement)

--------------------------------------------------------------------------------

 
[briggs_amendmentno3015.jpg]
Signed, sealed and delivered by BRIGGS & STRATTON AUSTRALIA PTY. LIMITED ACN 006
576 656 in accordance with section 127 of the Corporations Act 2001 (Cth) by:
/s/ Mark A. Schwertfeger /s/ Andrea L. Golvach Signature of director Signature
of director/secretary Mark A. Schwertfeger Andrea L. Golvach Name of director
(print) Name of director/secretary (print) Signature Page to Consent and
Reaffirmation (Amendment No. 3 to Credit Agreement)

--------------------------------------------------------------------------------

 
[briggs_amendmentno3016.jpg]
Signed, sealed and delivered by VICTA LTD ACN 000 341 640 in accordance with
section 127 of the Corporations Act 2001 (Cth) by: /s/ Mark A. Schwertfeger /s/
Harold L. Redman Signature of director Signature of director/secretary Mark A.
Schwertfeger Harold L. Redman Name of director (print) Name of
director/secretary (print) Signature Page to Consent and Reaffirmation
(Amendment No. 3 to Credit Agreement)

--------------------------------------------------------------------------------