EX-10.25



 Exhibit 10.25 

JOINDER TO AMENDED AND RESTATED CREDIT AGREEMENT 

THIS JOINDER TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Joinder”) is entered into as of November 2, 2015, by and
among the lenders identified on the signature pages hereof (each of such lenders, together with its respective successors and permitted assigns, is referred to hereinafter as a “Lender” and collectively as the
“Lenders”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as administrative agent for each member of the Lender Group and the Bank Product Providers (in such capacity, together with its successors and
assigns in such capacity, “Agent”), POWER SOLUTIONS INTERNATIONAL, INC., a Delaware corporation (“Parent”), PROFESSIONAL POWER PRODUCTS, INC., an Illinois corporation (“PPPI”; Parent and PPPI, are
referred to hereinafter each individually as a “Original Borrower”, and individually and collectively, jointly and severally, as the “Original Borrowers”), POWERTRAIN INTEGRATION ACQUISITION, LLC, an Illinois
limited liability company (“PI Acquisition”) and BI-PHASE TECHNOLOGIES, LLC, a Minnesota limited liability company (“Bi-Phase”; together with PI Acquisition, the “New Borrowers” and each,
individually, a “New Borrower”). 
 WHEREAS, the Original Borrowers, Agent, and Lenders are parties to that certain Amended
and Restated Credit Agreement dated as of April 1, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, Parent has formed PI Acquisition and Bi-Phase, two new wholly-owned subsidiaries; and 

WHEREAS, pursuant to Section 5.11 of the Credit Agreement, certain Wholly-owned Subsidiaries of the Loan Parties must execute and
deliver certain Loan Documents to Agent, and the joinder to the Credit Agreement by the undersigned New Borrowers may be accomplished by the execution of this Joinder in favor of Agent, for the benefit of the Lender Group and the Bank Product
Providers. 
 NOW THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:

 1.    Defined Terms. Unless otherwise defined herein, capitalized terms used herein shall have the meanings
ascribed to such terms in the Credit Agreement. 
 2.    Joinder. In accordance with Section 5.11 of the
Credit Agreement, each of the New Borrowers is hereby joined to the Credit Agreement as a Borrower with the same force and effect as if originally named therein as a “Borrower”, and each of the Borrowers hereby (i) agrees to be bound
by the terms and conditions of the Credit Agreement applicable to it as a “Borrower”, (b) is a party as a Borrower under the Credit Agreement, in each case as if such New Borrower were a direct signatory thereto and
(c) represents and warrants that the representations and warranties made by it as a “Borrower” thereunder are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that are already qualified or modified by materiality in the text thereof) on and as of the date hereof. In furtherance of the preceding sentence, without limiting 







 
any provision of any Loan Document to which each of the New Borrowers is now becoming a party as a Borrower, and in accordance with the terms of the Loan Documents, each of the New Borrowers
agrees to be jointly and severally liable with the Original Borrowers for all Obligations. 
 3.    Schedules.
Schedules 4.1(b), 4.1(c), 4.11 and 4.24 attached hereto amend and restate Schedules 4.1(b), 4.1(c), 4.11 and 4.24 to the Credit Agreement and shall be deemed a part thereof for all purposes of the Credit Agreement. 

4.    Continuing Effect. Except as expressly set forth in Section 2 or 3 of this Joinder, nothing in this
Joinder shall constitute a modification or alteration of the terms, conditions or covenants of the Credit Agreement or any other Loan Document, or a waiver of any other terms or provisions thereof, and the Credit Agreement and the other Loan
Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby. Except as specifically provided herein, Agent and each Lender hereby reserves and preserves all of its rights and remedies against any Loan
Party under the Credit Agreement and the Loan Documents. 
 5.    Reaffirmation and Confirmation; Covenant. Each
of the New Borrowers represents and warrants to Agent, the Lender Group and the Bank Product Providers that this Joinder has been duly executed and delivered by such New Borrower and constitutes its legal, valid, and binding obligation, enforceable
against it in accordance with its terms, except as enforceability thereof may be limited by bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium, or other similar laws affecting creditors’ rights generally and general
principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity). Each Loan Party party hereto hereby agrees that this Joinder in no way acts as a release or relinquishment of the Liens and rights
securing payments of the Obligations. The Liens and rights securing payment of the Obligations are hereby ratified and confirmed by each Loan Party party hereto in all respects. 

6.    Effectiveness. This Joinder shall become effective upon the execution and delivery hereof by the parties
hereto. 
 7.    Miscellaneous. 

(a)    THIS JOINDER SHALL BE SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL
REFERENCE SET FORTH IN SECTION 12 OF THE CREDIT AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS MUTANDIS. 

(b)    Counterparts. This Joinder may be executed in any number of counterparts and by different parties on
separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Joinder. Delivery of an executed counterpart of this Joinder by
telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Joinder. Any party delivering an executed counterpart 

  
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of this Joinder by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Joinder but the failure to deliver an original executed
counterpart shall not affect the validity, enforceability, and binding effect of this Joinder. 
 (c)    Loan
Documents. This Joinder shall constitute a Loan Document. 
 [signature pages follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Joinder to be executed and
delivered as of the date first above written. 
  

							
	ORIGINAL BORROWERS:	 		 	POWER SOLUTIONS INTERNATIONAL, INC., a Delaware corporation
				
		 		 	By:	 	/s/ Michael P. Lewis
		 		 	Name:	 	Michael P. Lewis
		 		 	Title:	 	Chief Financial Officer

  

							
		 		 	PROFESSIONAL POWER PRODUCTS, INC., an Illinois corporation
				
		 		 	By:	 	/s/ Michael P. Lewis
		 		 	Name:	 	Michael P. Lewis
		 		 	Title:	 	Chief Financial Officer

  

							
	NEW BORROWERS:	 		 	POWERTRAIN INTEGRATION ACQUISITION, LLC, an Illinois limited liability company
				
		 		 	By:	 	/s/ Michael P. Lewis
		 		 	Name:	 	Michael P. Lewis
		 		 	Title:	 	Chief Financial Officer

  

							
		 		 	BI-PHASE TECHNOLOGIES, LLC, a Minnesota limited liability company
				
		 		 	By:	 	/s/ Michael P. Lewis
		 		 	Name:	 	Michael P. Lewis
		 		 	Title:	 	Chief Financial Officer









							
		 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Agent, as Lead Arranger, as Book Runner, and as a Lender
				
		 		 	By:	 	/s/ Brian Hynds
		 		 	Name:	 	Brian Hynds
		 		 	Title:	 	Vice President