Fourth Amendment to Credit Agreement



 Exhibit 10.1 
 FOURTH AMENDMENT 
 TO CREDIT AGREEMENT 

THIS FOURTH AMENDMENT TO CREDIT AGREEMENT, dated as of March 12, 2012 (this “Amendment”) to the Existing Credit
Agreement (such capitalized term and other capitalized terms used in this preamble and the recitals below to have the meanings set forth in, or are defined by reference in, Article I below) is entered into by and among AMERIGON INCORPORATED,
a Michigan corporation (the “Company”), AMERIGON EUROPE GMBH, a German limited liability company (“Amerigon Germany” and, together with the Company, the “Borrowers” and each, a
“Borrower”), each lender party hereto (collectively, the “Lenders” and individually, a “Lender”) and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer (in such
capacity as administrative agent, the “Administrative Agent”). 
 W I T N E
S S E T H: 
 WHEREAS, the Borrowers, the Lenders and the Administrative Agent are all
parties to the Credit Agreement, dated as of March 30, 2011 (as amended or otherwise modified prior to the date hereof, the “Existing Credit Agreement”, and as amended by this Amendment and as the same may be further amended,
supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”); and 

WHEREAS, the Borrowers have requested that the Lenders amend certain provisions of the Existing Credit Agreement and the Lenders are
willing to effect such amendments, on the terms and subject to the conditions hereinafter set forth. 
 NOW, THEREFORE, the
parties hereto hereby covenant and agree as follows: 
 ARTICLE I 

DEFINITIONS 
 SECTION 1.1. Certain Definitions. The following terms when used in this Amendment shall have the following meanings (such meanings to be equally applicable to the singular and plural forms
thereof): 
 “Administrative Agent” is defined in the preamble. 

“Amendment” is defined in the preamble. 
 “Amendment Effective Date” is defined in Article III. 

“Amerigon Germany” is defined in the preamble. 







 “Borrower” is defined in the preamble. 

“Company” is defined in the preamble. 
 “Credit Agreement” is defined in the first recital. 

“Existing Credit Agreement” is defined in the first recital. 

“Lender” is defined in the preamble. 

SECTION 1.1. Other Definitions. Terms for which meanings are provided in the Credit Agreement are, unless
otherwise defined herein or the context otherwise requires, used in this Amendment with such meanings. 
 ARTICLE II 

AMENDMENT TO CREDIT AGREEMENT 
 Effective on (and subject to the occurrence of) the Amendment Effective Date, the provisions of the Existing Credit Agreement referred to below are hereby amended in accordance with this Article
II. Except as expressly so amended, the Existing Credit Agreement shall continue in full force and effect in accordance with its terms. 
 SECTION 2.1. Amendment to Article VII. Section 7.06(e) of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“(e) the Company may issue and sell its common Equity Interests, and, so long as both immediately prior to and immediately after
giving effect to any such issuance or sale no Default exists or would occur as a result thereof, the Company may use the Net Cash Proceeds thereof to satisfy its obligations under the Preferred Equity Documents as permitted under clause
(c) above; provided that if no such payments are then due and payable under the Preferred Equity Documents, the Company may retain such Net Cash Proceeds either (x) to make such payments at such future time as such payments may
be due and owing under the Preferred Equity Documents, so long as on any such due date, the Company is permitted to make such payment in accordance with the Preferred Equity Subordination Agreement or (y) to use such Net Cash Proceeds for
general corporate purposes.” 
 ARTICLE III 
 CONDITIONS TO EFFECTIVENESS 
 This Amendment shall become effective on and as of
the date first written above (the “Amendment Effective Date”) when the following conditions have been met: 
 SECTION 3.1. Counterparts. The Administrative Agent shall have received counterparts hereof executed on behalf of the Borrowers and each of the Lenders. 

  
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 SECTION 3.2. Costs and Expenses, etc. The Administrative Agent shall
have received for the account of each Lender, all fees, costs and expenses due and payable pursuant to Section 10.04 of the Credit Agreement, if then invoiced, including fees and expenses of counsel to the Administrative Agent. 

ARTICLE IV 

MISCELLANEOUS 
 SECTION 4.1. Cross-References. References in this Amendment to any Article or Section are, unless otherwise specified, to such Article or Section of this Amendment. 

SECTION 4.2. Loan Document Pursuant to Existing Credit Agreement. This Amendment is a Loan Document executed
pursuant to the Existing Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with all of the terms and provisions of the Existing Credit Agreement, as amended hereby,
including Article X thereof. 
 SECTION 4.3. Successors and Assigns. This Amendment shall be binding
upon and inure to the benefit of the parties hereto and their respective successors and assigns. 
 SECTION 4.4.
Counterparts. This Amendment may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.
This Amendment constitutes the entire contract among the parties relating to the subject matter hereof and supersedes any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Delivery of an executed
counterpart of a signature page of this Amendment by telecopy or other electronic imaging means shall be effective as delivery of a manually executed counterpart of this Amendment. 

SECTION 4.5. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
THE STATE OF NEW YORK, INCLUDING FOR SUCH PURPOSES SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK. 
 SECTION 4.6. Full Force and Effect; Limited Amendment. Except as expressly amended hereby, all of the representations, warranties, terms, covenants, conditions and other provisions of the
Existing Credit Agreement and the other Loan Documents shall remain unchanged and shall continue to be, and shall remain, in full force and effect in accordance with their respective terms. The amendment set forth herein shall be limited precisely
as provided for herein to the provisions expressly amended herein and shall not be deemed to be an amendment to or modification of any other term or provision of the Existing Credit Agreement or any other Loan Document or of any transaction or
further or future action on the part of any Loan Party which would require the consent of the Lenders under the Existing Credit Agreement or any of the Loan Documents. 

  
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 SECTION 4.7. Representations and Warranties. In order to induce the
Lenders to execute and deliver this Amendment, the Borrower hereby represents and warrants to the Lenders that, both before and after giving effect to this Amendment, all statements set forth in clauses (a) and (b) of Section 4.04 of
the Credit Agreement are true and correct. 
 IN WITNESS WHEREOF, the parties hereto have executed and delivered this Amendment
as of the date first above written. 
  

			
	 AMERIGON INCORPORATED

		
	By:	 	     /s/ Daniel R. Coker

		 	Name: Daniel R. Coker
		 	Title: President and Chief Executive Officer
	
	AMERIGON EUROPE GMBH
		
	By:	 	     /s/ Daniel R. Coker

		 	Name: Daniel R. Coker
		 	Title: Managing Director
	
	 BANK OF AMERICA, N.A., 
 as Administrative Agent

		
	By:	 	     /s/ Charlene Wright-Jones

		 	Name: Charlene Wright-Jones
		 	Title: Vice President
	
	 BANK OF AMERICA, N.A., as a Lender, L/C
 Issuer and Swing Line Lender

		
	By:	 	     /s/ David K. Komrska

		 	Name: David K. Komrska
		 	Title: Senior Vice President
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	     /s/ Thomas A. Lakocy

		 	Name: Thomas A. Lakocy
		 	Title: Senior Banker


  

  
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	 COMERICA BANK

		
	By:	 	     /s/ Dan M. Roman

		 	Name: Dan M. Roman
		 	Title:   Senior Vice President
	
	THE HUNTINGTON NATIONAL BANK
		
	By:	 	     /s/ Steven J. McCormack

		 	Name: Steven J. McCormack
		 	Title:   Vice President
	
	KEYBANK NATIONAL ASSOCIATION
		
	By:	 	     /s/ Erik Siersma

		 	Name: Erik Siersma
		 	Title:   Vice President




  
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