Third Amendment, dated 10/07/08, to Amended and Restated Credit Agreement



 Exhibit 10.11.4 
 THIRD AMENDMENT TO CREDIT AGREEMENT 
 THIS
THIRD AMENDMENT (“Amendment”) is made as of the 7th day of October, 2008, by and between Amerigon Incorporated (herein called “Company”) and Comerica Bank (herein called the “Bank”). 
 RECITALS: 
 A.
Company and Bank entered into that certain Amended and Restated Credit Agreement dated as of October 28, 2005, entered into by and between Company and Bank, as amended by First Amendment to Credit Agreement dated as of February 6, 2008 and
the Second Amendment to Credit Agreement dated as of April 29, 2008 (as further amended or otherwise modified from time to time, the “Credit Agreement”), under which the Bank extended (or committed to extend) credit to Company, as set
forth therein. 
 B. Company has requested that Bank make certain amendments to the Credit Agreement, and Bank is willing to do
so, but only on the terms and conditions set forth in this Amendment. 
 NOW, THEREFORE, Company and Bank agree: 
 1. Section 8.1 of the Credit Agreement is hereby amended and restated as follows: 
 “8.1 Purchase, acquire or redeem any of its equity interests or make any material change in its capital structure or general business
objects or purpose (it being understood that the issuance of equity interests of Company shall not be prohibited by this Section 8.1), except for redemptions and repurchases of its equity interests so long as at the time of such redemption or
repurchase and after giving effect thereto no Event of Default (or event which with the giving of notice or the passage of time or both would constitute an Event of Default) shall have occurred and be continuing and provided that the aggregate
amount of such redemptions and repurchases shall not exceed $10,000,000 during any single fiscal year of Company.” 
 2. This Amendment shall become effective (according to the terms hereof) on the date that the following conditions have been fully satisfied by Company (“Amendment Effective Date”): 
  

	 	(a)	Bank shall have received counterpart originals of this Amendment, in each case duly executed and delivered by Company in form satisfactory to Bank.










	 	(b)	Bank shall have received counterpart originals of the Acknowledgment of Guarantor in the form attached hereto as Attachment 1, duly executed and delivered by the BSST
LLC. 

 3. Company hereby represents and warrants that, after giving effect to the amendments to the Credit
Agreement contained herein, (a) execution and delivery of this Amendment are within such party’s corporate powers, have been duly authorized, are not in contravention of law or the terms of their respective articles of incorporation or
bylaws, and except as have been previously obtained do not require the consent or approval, material to the amendments contemplated in this Amendment, of any governmental body, agency or authority, and this Amendment and the Credit Agreement will
constitute the valid and binding obligations of such undersigned parties enforceable in accordance with its terms, except as enforcement thereof may be limited by applicable bankruptcy, reorganization, insolvency, moratorium or similar laws
affecting the enforcement of creditors’ rights generally and by general principles of equity (whether enforcement is sought in a proceeding in equity or at law), (b) the continuing representations and warranties set forth in Sections 6.1
through 6.15 inclusive, of the Credit Agreement are true and correct on and as of the date hereof, and such representations and warranties are and shall remain continuing representations and warranties during the entire life of the Credit Agreement,
and (c) after giving effect to this Amendment, no Default or Event of Default shall have occurred and be continuing. 
 4.
Company and Bank each hereby ratify and confirm their respective obligations under the Credit Agreement, as amended by this Amendment and agree that the Credit Agreement hereby remains in full force and effect after giving effect to the
effectiveness of this Amendment and that, upon such effectiveness, all references in such Loan Documents to the “Credit Agreement” shall be references to the Credit Agreement as amended by this Amendment. 
 5. Except as specifically set forth above, this Amendment shall not be deemed to amend or alter in any respect the terms and conditions of
the Credit Agreement or the Revolving Credit Note, or to constitute a waiver by Bank of any right or remedy under or a consent to any transaction not meeting the terms and conditions of the Credit Agreement, the Revolving Credit Note or any of the
other Loan Documents. 
 6. Unless otherwise defined to the contrary herein, all capitalized terms used in this Amendment shall
have the meaning set forth in the Credit Agreement. 
 7. This Amendment may be executed in counterpart. 
 8. This Amendment shall be construed in accordance with and governed by the laws of the State of Michigan. 







 WITNESS the due execution hereof on the day and year first above written. 
  

									
	COMERICA BANK	 		 	AMERIGON INCORPORATED
					
	By:	 	/s/ Steven J. McCormack	 		 	By:	 	/s/ Barry G. Steele
		 	Steven J. McCormack	 		 		 	Barry G. Steele
					
	Its: 	 	Vice President	 		 	Its: 	 	Chief Financial Officer








 ATTACHMENT 1 
 ACKNOWLEDGMENT OF GUARANTOR 
 BSST LLC hereby
acknowledges that (a) it previously entered into a Guaranty dated October 28, 2005 in favor of Bank with respect to the obligations of Company and (b) Company and Bank have executed an Amendment dated as of date hereof (the
“Amendment”) to such Credit Agreement (the Credit Agreement as amended thereby, the “Amended Credit Agreement”). BSST LLC hereby ratifies and confirms its obligations under the Amended Credit Agreement and the Guaranty, and
agrees that the Guaranty remains in full force and effect after giving effect to the effectiveness of the Amendment, that BSST LLC’s obligations thereunder are not subject to any defense, offset or counterclaim and that, upon such
effectiveness, all references in such Amended Credit Agreement and the Guaranty to the “Credit Agreement” shall be references to the Amended Credit Agreement. Capitalized terms not otherwise defined herein will have the meanings given in
the Amended Credit Agreement. This acknowledgment shall be governed by and construed in accordance with the laws of, and be enforceable in, the State of Michigan. 
  

			
	BSST LLC
		
	By:	 	/s/ Sandy Grouf
		
	Its:	 	Chief Financial Officer
	
	Dated: October 7, 2008