Document:

Amendment No. 6 to the Loan and Security Agreement

 Exhibit 10.1 
  
 AMENDMENT NO. 6 TO THE LOAN AND SECURITY AGREEMENT 
 DATED AS OF JANUARY 31, 2002 
 AMONG LASALLE BANK NATIONAL ASSOCIATION, AS A
LENDER 
 AND AS AGENT FOR THE LENDERS, THE LENDERS 
 AND COBRA ELECTRONICS CORPORATION 
  
 THIS AMENDMENT NO. 6 (this “Amendment”) is made as of the 15 day of November, 2005 to the Loan and Security Agreement dated January 31, 2002 (as amended from time to time, the “Loan
Agreement”); unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Loan Agreement among Cobra Electronics Corporation (“Borrower”), LaSalle Bank National Association as agent
(“Agent”) for itself (in its individual capacity, “LaSalle”) and the other Lenders from time to time party thereto. 
  
 WHEREAS, Borrower has requested that Agent and Lenders amend certain provisions of the Loan Agreement and Agent and Lenders have agreed to do so subject
to the terms and conditions hereof. 
  
 NOW, THEREFORE, in
consideration of the foregoing, and the mutual covenants herein contained, and such other consideration as the parties mutually agree, the parties hereto agree as follows: 
  
 1. Amendment. Borrower, Agent and Lenders agree to amend the Loan Agreement as follows: 
  
 (a) The definition of EBIT set forth in Section 1 of the Loan Agreement
is hereby amended and restated in its entirety, as follows: 
  
 “EBIT” shall mean, with respect to any period and without duplication, Borrower’s and its Subsidiaries’ net income after taxes for such period (excluding any after-tax gains or losses on the
sale of assets and excluding other after-tax extraordinary gains or losses) plus interest expense and income tax expense for such period, plus or minus any other non-cash charges or gains (other than depreciation and
amortization) which have been subtracted or added in calculating net income after taxes for such period, plus expenses arising from or relating to the unconsummated proposed acquisition of Lowrance Electronics, Inc. to the extent such charge
was taken during such period, minus earnings or plus losses on keyman life insurance policies owned by Borrower, plus any losses or minus any gains with respect to Borrower’s investment in Horizon Navigation, Inc.

  
 (b) The reference to “January 31, 2006” contained in
Section 10 of the Loan Agreement is hereby replaced with a reference to “January 31, 2007”. 

 (c) Section 14(c) of the Loan Agreement is hereby amended and restated in its entirety, as follows:

  
 (c) Capital Expenditure Limitations. Borrower
and its Subsidiaries shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all such fixed assets purchased or otherwise acquired would exceed $5,000,000 during any Fiscal Year, except for
the Fiscal Year ending December 31, 2005, in which case such Capital Expenditures shall not exceed $6,500,000. 
  
 2. Representations and Warranties of Borrower. Borrower represents and warrants that, as of the date hereof: 
  
 (a) Borrower has the right and power and is duly authorized to enter into
this Amendment and all other agreements executed in connection herewith; 
  
 (b) After giving effect to this Amendment, no Event of Default or an event or condition which upon notice, lapse of time or both will constitute an Event of Default has occurred and is continuing; 
  
 (c) The execution, delivery and performance by Borrower of this Amendment and
the other agreements to which Borrower is a party (i) have been duly authorized by all necessary action on its part; (ii) do not and will not, by the lapse of time, giving of notice or otherwise, violate the provisions of the terms of its
Certificate of Incorporation or By-Laws, or of any mortgage, indenture, security agreement, contract, undertaking or other agreement to which Borrower is a party, or which purports to be binding on Borrower or any of its properties; (iii) do
not and will not, by lapse of time, the giving of notice or otherwise, contravene any governmental restriction to which Borrower or any of its properties may be subject; and (iv) do not and will not, except as contemplated in the Loan
Agreement, result in the imposition of any lien, charge, security interest or encumbrance upon any of Borrower’s properties under any indenture, mortgage, deed of trust, loan or credit agreement or other agreement or instrument to which
Borrower is a party or which purports to be binding on Borrower or any of its properties; 
  
 (d) No consent, license, registration or approval of any governmental authority, bureau or agency is required in connection with the execution, delivery, performance, validity or enforceability of this Amendment and
the other agreements executed by Borrower in connection herewith; 
  
 (e) This Amendment and the other agreements executed by Borrower in connection herewith have been duly executed and delivered by Borrower and are enforceable against Borrower in accordance with their terms; and 
  
 (f) All information, reports and other papers and data heretofore furnished
to Agent by Borrower in connection with this Amendment, the Loan Agreement and Other Agreements are accurate and correct in all material respects and complete insofar as may be necessary to give Agent true and accurate knowledge of the subject
matter thereof. Borrower has disclosed to Agent every fact of which it is aware which would reasonably be expected to materially and adversely affect the business, operations or financial condition of Borrower or 
  

 -2- 

 the ability of Borrower to perform its obligations under this Amendment, the Loan Agreement or under any of the Other
Agreements. None of the information furnished to Agent by or on behalf of Borrower contained any material misstatement of fact or omitted to state a material fact or any fact necessary to make the statements contained herein or therein not
materially misleading. 
  
 3. Conditions Precedent. The
amendments to the Loan Agreement set forth in this Amendment shall become effective as of the date of this Amendment upon the occurrence of the following: 
  
 (a) execution of the Amendment by all parties hereto; and 
  
 (b) the receipt by Agent of a fully earned, non-refundable $45,000 amendment fee. 
  
 4. Fees and Expenses. Borrower agrees to pay all legal fees and other expenses, whether for in-house or outside
counsel, incurred by Agent in connection with this Agreement and the transactions contemplated hereby. 
  
 5. Loan Agreement Remains in Force. Except as specifically amended hereby, all of the terms and conditions of the Loan Agreement shall remain in
full force and effect and this Agreement shall not be a waiver of any rights or remedies which Agent or Lenders have provided for in the Loan Agreement and all such terms and conditions are herewith ratified, adopted, approved and accepted.

  
 6. Additional Documents. Upon the request of Agent,
Borrower will cause to be done, executed, acknowledged and delivered all such further acts, conveyances and assurances as Agent from time to time may reasonably request of Borrower for accomplishing the transaction referred to herein. 
  
 7. No Novation. This Amendment and all other agreements executed by
Borrower on the date hereof are not intended to nor shall be construed to create a novation or accord and satisfaction, and shall only be a modification and extension of the existing Liabilities of Borrower to Lenders. 
  
 8. Entire Agreement. This Amendment and the other documents it refers
to comprise the entire agreement relating to the subject matter they cover and supersede any and all prior written or oral agreements among Agent, Lenders and Borrower relating thereto. 
  
 9. Severability. Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or affecting the validity or enforceability of such provision in any other jurisdiction. 
  
 Except as expressly provided for herein, the terms and conditions of the Loan
Agreement shall remain in full force and effect. 
  

 -3- 

 IN WITNESS WHEREOF, Borrower, Agent and Lenders have caused this Amendment to be duly executed by their
proper duly authorized officers oaf the day and year first set forth above. 
  

			
	 LASALLE BANK NATIONAL
 ASSOCIATION, as Agent
and as a Lender

		
	By	 	 /s/ Steven M. Marks

	Its	 	Senior Vice President
	
	 NATIONAL CITY BANK OF
 MICHIGAN/ILLINOIS, as
a Lender

		
	By	 	 /s/ Michael L. Monninger

	Its	 	Vice President
	
	 US BANK, NATIONAL ASSOCIATION,
 successor by
merger to Firstar Bank, N.A., as
 a Lender

		
	By	 	 /s/ Timothy A. Fossa

	Its	 	Senior Vice President
	
	COBRA ELECTRONICS CORPORATION
		
	By	 	 /s/ Michael Smith

	Its	 	Senior Vice President and Chief
	 	 	Financial Officer

  

 -4-Specimen of Class A Common Stock Certificate

 Exhibit 4.1 
 

 
  
 016570|
003590|127C|RESTRICTED||4|057-423 
 CLASS A COMMON STOCK 
 PAR VALUE $0.001 
 CLASS A COMMON STOCK 
 THIS CERTIFICATE IS TRANSFERABLE IN 
 CANTON, MA, JERSEY CITY, NJ AND 
 NEW YORK, NY 
 Certificate Number 
 ZQ 000518 
 Shares 
 * * 6 0 0 6 2 0 * * * * * * * * * 6 0 0 6 2 0 * * * * * * * * * 6 0 0 6 2 0 * * * * * * * * * 6 0 0
6 2 0 * * * * * * * * * 6 0 0 6 2 0 * * 
 THIS CERTIFIES THAT 
 SPANSION INC. 
 INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE 
 ** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander
David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander 
 David Sample MR. SAMPLE & MRS. SAMPLE &**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. CUSIP XXXXXX XX X
Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample
**** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander MR.
SAMPLE & MRS. SAMPLE David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander SEE REVERSE FOR CERTAIN DEFINITIONS David Sample **** Mr. Alexander David Sample **** Mr.
Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. 
 Alexander David Sample ****
Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David Sample **** Mr. Alexander David
Sample **** Mr. Sample **** Mr. Sample is the owner of 
 **600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares***
*600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****
600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****6
00620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****60 * * * SIX HUNDRED THOUSAND
0620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600
620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares***600620**Shares****600620**Shares****60062
0**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620
**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620*
*Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620** SIX HUNDRED AND TWENTY* * *
Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**S
hares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Shares****600620**Sh 
 FULLY-PAID AND NON-ASSESSABLE SHARES OF THE CLASS A COMMON STOCK OF 
 Spansion Inc. (hereinafter
called the “Company”), transferable on the books of the Company in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This Certificate and the shares represented hereby, are issued and shall be
held subject to all of the provisions of the Certificate of Incorporation, as amended, and the By-Laws, as amended, of the Company (copies of which are on file with the Company and with the Transfer Agent), to all of which each holder, by acceptance
hereof, assents. This Certificate is not valid unless countersigned and registered by the Transfer Agent and Registrar. 
 Witness the facsimile seal of the Company and the facsimile signatures of its duly authorized officers. 
 FACSIMILE SIGNATURE TO COME 
 President and Chief Executive Officer 
 FACSIMILE SIGNATURE TO COME 
 Corporate Secretary 
 DATED <<Month Day, Year>> COUNTERSIGNED AND REGISTERED: 
 EQUISERVE TRUST COMPANY, N.A. 
 TRANSFER AGENT AND REGISTRAR, 
 By 
 AUTHORIZED SIGNATURE 
 PO BOX 43004, Providence, RI 02940-3004 
 MR A SAMPLE 
 DESIGNATION (IF ANY) ADD 1 ADD 2 ADD 3 ADD 4 

	 CUSIP
	  
	 XXXXXX XX X 

	 Holder
	  
	 ID XXXXXXXXXX 

	 Insurance
	  
	 Value 1,000,000.00 

	 Number
	  
	 of Shares 123456 

	 DTC
	  
	 12345678 123456789012345 

	 Certificate
	  
	 Numbers Num/No. Denom. Total 

	 1234567890/1234567890
	  
	 1 1 1 

	 1234567890/1234567890
	  
	 2 2 2 

	 1234567890/1234567890
	  
	 3 3 3 

	 1234567890/1234567890
	  
	 4 4 4 

	 1234567890/1234567890
	  
	 5 5 5 

	 1234567890/1234567890
	  
	 6 6 6 

	 Total
	  
	 Transaction 7 

 

 
  
 SPANSION INC

 The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though
they were written out in full 

	 according
	  
	 to applicable laws or regulations: 

	 TEN
	  
	 COM - as tenants in common UNIF GIFT MIN ACT- Custodian 

	 (Cust)
	  
	 (Minor) 

	 TEN
	  
	 ENT - as tenants by the entireties under Uniform Gifts to Minors Act 

 (State) 
 JT
TEN - as joint tenants with right of survivorship UNIF TRF MIN ACT Custodian (until age ) 

	 and
	  
	 not as tenants in common (Cust) (Minor) 

 under Uniform Transfers to Minors Act 
 (State) 

	 Additional
	  
	 abbreviations may also be used though not in the above list 

 THE COMPANY WILL FURNISH WITHOUT CHARGE TO EACH SHAREHOLDER WHO SO REQUESTS, A SUMMARY OF (1) THE POWERS, DESIGNATIONS, PREFERENCES AND
RELATIVE, PARTICIPATING, OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OF THE COMPANY AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND RIGHTS, (2) THE VARIATIONS IN RIGHTS, PREFERENCES AND LIMITATIONS DETERMINED
FOR EACH SERIES, WHICH ARE FIXED BY THE ARTICLES OF INCORPORATION OF THE COMPANY, AS AMENDED, AND THE RESOLUTIONS OF THE BOARD OF DIRECTORS OF THE COMPANY, AND (3) THE AUTHORITY OF THE BOARD OF DIRECTORS TO DETERMINE VARIATIONS FOR FUTURE SERIES
SUCH REQUEST MAY BE MADE TO THE OFFICE OF THE SECRETARY OF THE COMPANY OR TO THE TRANSFER AGENT THE BOARD OF DIRECTORS MAY REQUIRE THE OWNER OF A LOST OR DESTROYED STOCK CERTIFICATE, OR HIS LEGAL REPRESENTATIVES, TO GIVE THE COMPANY A BOND TO
INDEMNIFY IT AND ITS TRANSFER AGENTS AND REGISTRARS AGAINST ANY CLAIM THAT MAY BE MADE AGAINST THEM ON ACCOUNT OF THE ALLEGED LOSS OR DESTRUCTION OF ANY SUCH CERTIFICATE 
 PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE 
 For
value received, hereby sell, assign and transfer unto 
 (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING POSTAL ZIP
CODE, OF ASSIGNEE) 
 Shares of the common stock represented by the within Certificate, and do hereby irrevocably constitute
and appoint Attorney to transfer the said stock on the books of the within-named Corporation with full power of substitution in the premises 
 Dated: 20 
 Signature: 
 Signature: Notice: The signature to this assignment must correspond with the name as written upon the face of the certificate, in every particular, without alteration or enlargement, or any change
whatever 
 Signature(s) Guaranteed: Medallion Guarantee Stamp 
 THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (Banks, Stockbrokers, Savings and Loan Associations and Credit
Unions) WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO SEC RULE 17Ad-15

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