Document:

EX-10.1

 Exhibit 10.1 

FOURTH AMENDMENT 
 TO

 FOURTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 

This Fourth Amendment to the Fourth Amended and Restated Loan and Security Agreement (this “Amendment”) is made as of
November 13, 2013, among Regional Management Corp., Regional Finance Corporation of South Carolina, Regional Finance Corporation of Georgia, Regional Finance Corporation of Texas, Regional Finance Corporation of North Carolina, Regional Finance
Corporation of Alabama, Regional Finance Corporation of Tennessee, Regional Finance Company of New Mexico, LLC, Regional Finance Company of Oklahoma, LLC, Regional Finance Company of Missouri, LLC, Regional Finance Company of Georgia, LLC, RMC
Financial Services of Florida, LLC, Regional Finance Company of Louisiana, LLC, Regional Finance Company of Mississippi, LLC, Regional Finance Company of Kentucky, LLC and Regional Finance Company of Virginia, LLC (each individually a
“Borrower” and collectively the “Borrowers”), the financial institutions listed therein (such financial institutions, together with their respective successors and assigns, are referred to hereinafter each individually as a
“Lender” and collectively as the “Lenders”) and Bank of America, N.A. as agent for the Lenders (in its capacity as agent, the “Agent”). 

RECITALS 
 WHEREAS, the
Borrowers, Lenders and Agent are parties to that certain Fourth Amended and Restated Loan and Security Agreement dated as of January 18, 2012 and amended as of July 31, 2012, March 29, 2013 and May 13, 2013 (as may be
further amended, restated, modified, substituted, extended, or renewed from time to time, and together with all of its exhibits, schedules and attachments thereto, collectively the “Agreement” or the “Loan Agreement”); 

WHEREAS, the Borrowers acknowledge that as of the close of business on November 8, 2013, there was outstanding the aggregate principal
amount of $341,828,225.96 under the revolving credit facility; and 
 WHEREAS, the Borrowers have requested that the Lenders modify certain
provisions of the Agreement and the Lenders are willing to do so on the terms and conditions as hereinafter set forth, including but not limited to permitting Regional to organize two new legal entities, (i) Regional Management Receivables,
LLC, a Delaware limited liability company and (ii) Regional Management Automobile Receivables Trust 2014-1, a Delaware statutory trust, neither of which will be a borrower or guarantor under the Agreement and related documents (collectively,
the “Additional Entities”). 

 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 1. The Borrowers, Lenders and Agent agree that the
Recitals above are a part of this Amendment. Unless otherwise expressly defined in this Amendment, terms defined in the Loan Agreement shall have the same meaning under this Amendment. 

 

	 	2.	The Borrowers represent and warrant to the Lenders as follows: 

 (a) Each Borrower is a
corporation or limited liability company, as applicable, and is duly organized and validly existing in good standing under the laws of the state in which it is incorporated or organized, as applicable. 

(b) Each Borrower has the power and authority to execute and deliver this Amendment and perform its obligations hereunder and has taken all
necessary and appropriate corporate or limited liability company, as applicable, action to authorize the execution, delivery and performance of this Amendment. 

(c) The Loan Agreement, as amended by this Amendment, the Fourth Amended and Restated Pledge Agreement (as previously amended by that certain
First Amendment to Fourth Amended and Restated Pledge Agreement dated October 29, 2012, that certain Second Amendment to Fourth Amended and Restated Pledge Agreement dated as of March 29, 2013 and that certain Third Amendment to Fourth
Amended and Restated Pledge Agreement dated as of May 13, 2013) and each of the other Loan Documents are each hereby ratified, remain in full force and effect, and each constitutes the valid and legally binding obligation of each Borrower,
enforceable in accordance with its terms. 
 (d) All of the Borrowers’ representations and warranties contained in the Loan Agreement
and the other Loan Documents are true and correct on and as of the date of the Borrowers’ execution of this Amendment. 
 (e) No Event
of Default and no event which, with notice, lapse of time or both would constitute an Event of Default have occurred and are continuing under the Loan Agreement or the other Loan Documents. 

 

	 	3.	The Loan Agreement is hereby amended as follows: 

  

	 	(a)	Section 1.1 of the Agreement is hereby amended by adding the following definition in alphabetical order to such section: 

“Additional Entities” means the following two legal entities organized by Regional: (i) Regional Management Receivables,
LLC, a Delaware limited liability company, and (ii) Regional Management Automobile Receivables Trust 2014-1, a Delaware statutory trust. 

  
 - 2 - 

	 	(b)	Section 8.8 of the Agreement is hereby amended in its entirety as follows: 

 “8.8
Subsidiaries. Regional shall not, directly or indirectly, organize or acquire any other Subsidiaries without the prior written consent of Agent, which consent shall not be unreasonably withheld, conditioned or delayed; provided,
however, such Subsidiary (other than a Subsidiary that is organized or formed under the laws of a jurisdiction other than the United States (or any state thereof) or the District of Columbia) executes and delivers a Guaranty substantially in
the form attached hereto as Exhibit “D” in favor of Agent, for the benefit of the Lenders, within thirty (30) days of becoming a Subsidiary of Regional; provided, further, however, that the Additional
Entities, which shall not be Borrowers and shall not execute Guaranties, are permitted entities so long as neither holds assets, engages in business or otherwise generates revenue.” 

 

	 	(c)	The Schedules of the Agreement are updated to the extent necessary by the Schedules attached hereto. 

  

	 	4.	This Amendment shall become effective when and only when (a) this Amendment shall be executed and delivered by each Borrower, the Agent and the Required Lenders, (b) the Agent shall have received an executed
Reaffirmation from the Guarantors, and (c) the Agent shall have received such additional closing documents as it shall reasonably specify in connection with the transactions contemplated hereby. 

 

	 	5.	The Borrowers hereby issue, ratify and confirm the representations, warranties and covenants contained in the Loan Agreement, as amended hereby and each of the other Loan Documents given by the Borrowers in favor of the
Lenders. The Borrowers agree that this Amendment is not intended to and shall not cause a novation with respect to any or all of the Obligations. 

  

	 	6.	The Borrowers acknowledge and warrant that each Lender has acted in good faith and has conducted itself in a commercially reasonable manner in its relationships with the Borrowers in connection with this Amendment and
generally in connection with the Loan Agreement and the Obligations, the Borrowers hereby waiving and releasing any claims to the contrary. 

  

	 	7.	The Borrowers shall pay at the time this Amendment is executed and delivered (or as otherwise provided for in this Agreement) all fees, commissions, costs, charges, taxes and other expenses incurred by the Lenders and
their counsel in connection with this Amendment, including, but not limited to, reasonable fees and expenses of the Lenders’ counsel and all recording fees, taxes and charges. 

  
 - 3 - 

	 	8.	This Amendment is one of the Loan Documents. This Amendment may be executed in any number of duplicate originals or counterparts, each of such duplicate originals or counterparts shall be deemed to be an original and
taken together shall constitute but one and the same instrument. The parties agree that their respective signatures may be delivered by fax or PDF (via email). Any party who chooses to deliver its signature by fax or PDF (via email) agrees to
provide a counterpart of this Amendment with its inked signature promptly to each other party. 

  

	 	9.	PURSUANT TO SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW, THIS AMENDMENT, UNLESS OTHERWISE SPECIFIED, SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW
PRINCIPLES (BUT GIVING EFFECT TO FEDERAL LAWS RELATING TO NATIONAL BANKS). 

  

	 	10.	EACH PARTY HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY OF ANY CLAIM, COUNTERCLAIM, ACTION OR OTHER PROCEEDING ARISING UNDER OR RELATING TO THIS AMENDMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY. 

  
 - 4 - 

 IN WITNESS WHEREOF, the parties have entered into this Amendment as of the date first above
written. 
 BORROWERS 
 REGIONAL MANAGEMENT
CORP. 
 REGIONAL FINANCE CORPORATION OF SOUTH CAROLINA 

REGIONAL FINANCE CORPORATION OF GEORGIA 
 REGIONAL FINANCE
CORPORATION OF TEXAS 
 REGIONAL FINANCE CORPORATION OF NORTH CAROLINA 

REGIONAL FINANCE CORPORATION OF ALABAMA 
 REGIONAL FINANCE
CORPORATION OF TENNESSEE 
 REGIONAL FINANCE COMPANY OF OKLAHOMA, LLC 

REGIONAL FINANCE COMPANY OF NEW MEXICO, LLC 
 REGIONAL FINANCE
COMPANY OF MISSOURI, LLC 
 REGIONAL FINANCE COMPANY OF GEORGIA, LLC 

REGIONAL FINANCE COMPANY OF MISSISSIPPI, LLC 
 REGIONAL FINANCE
COMPANY OF LOUISIANA, LLC 
 RMC FINANCIAL SERVICES OF FLORIDA, LLC 

REGIONAL FINANCE COMPANY OF KENTUCKY, LLC 
 REGIONAL FINANCE
COMPANY OF VIRGINIA, LLC 
  

			
	By:	 	 /s/ Donald E. Thomas

	Name:	 	Donald E Thomas
	Title: Executive Vice President and Chief Financial Officer of each of the above listed Corporations and Executive Vice President and Chief Financial Officer of each of the above limited liability companies

  

			
	AGENT
	
	 BANK OF AMERICA, N.A.,

as Agent

		
	By:	 	 /s/ Bruce Jenks

	Name:	 	Bruce Jenks
	Title:	 	Vice President

  
 - 5 - 

			
	LENDERS
	
	 BANK OF AMERICA, N.A.,

as a Lender and Letter of Credit Issuer

		
	By:	 	 /s/ Bruce Jenks

	Name:	 	Bruce Jenks
	Title:	 	Vice President

 Commitment = $150,000,000.00 
  

			
	BMO HARRIS FINANCING, INC.,
	as a Lender
		
	By:	 	 /s/ Michael S. Cameli

	Name:	 	Michael S. Cameli
	Title:	 	Director

 Commitment = $80,000,000.00 
  

			
	FIRST TENNESSEE BANK NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	 /s/ Daniel McCarthy

	Name:	 	Daniel McCarthy
	Title:	 	Vice President

 Commitment = $35,000,000.00 
  

			
	CAPITAL ONE, N.A.,
	as a Lender
		
	By:	 	 /s/ Beverly Abrahams

	Name:	 	Beverly Abrahams
	Title:	 	Senior Vice President

 Commitment = $75,000,000.00 

  
 - 6 - 

			
	TEXAS CAPITAL BANK, N.A.
	as a Lender
		
	By:	 	 /s/ Stephanie Hopkins

	Name:	 	Stephanie Hopkins
	Title:	 	Senior Vice President

 Commitment = $30,000,000.00 
  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
	as a Lender
		
	By:	 	 /s/ Thomas M. Romanowski

	Name:	 	Thomas M. Romanowski
	Title:	 	Vice President

 Commitment = $130,000,000.00 

  
 - 7 - 

 SCHEDULE 4.4 

LOCATIONS OF BOOKS AND RECORDS AND COLLATERAL 

Location of Records Concerning Collateral 

509 West Butler Road, Greenville, South Carolina 29607 

Location of Collateral and Places of Business 

509 West Butler Road, Greenville, South Carolina 29607, and the following branch locations: 

 

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 815 West Greenwood Street, Suite 3
	  	Abbeville	  	SC	  	29620
				
	 1500 Hoppe Blvd., Suite 6
	  	Ada	  	OK	  	74820
				
	 314 Richland Avenue West
	  	Aiken	  	SC	  	29801
				
	 458 1st Street SW
	  	Alabaster	  	AL	  	35007
				
	 8144 U.S. Highway 431
	  	Albertville	  	AL	  	35950
				
	 5504 Menaul Blvd. NE, Suite G-East
	  	Albuquerque	  	NM	  	87110
				
	 5300 Sequoia Road NW, Suite L
	  	Albuquerque	  	NM	  	87120
				
	 792 Commerce Drive, Suite 101
	  	Alexander City	  	AL	  	35010
				
	 2705 North Main Street, Suite C
	  	Anderson	  	SC	  	29621
				
	 2705 N. Main Street, Suite G
	  	Anderson	  	SC	  	29621
				
	 1310 Quintard Avenue
	  	Anniston	  	AL	  	36201
				
	 1215 Anthony Drive, Suite G; PO Box 3225
	  	Anthony	  	NM	  	88021
				
	 1321 Bell Road
	  	Antioch	  	TN	  	37013
				
	 583 Brindlee Mountain Pkwy., PO Box 933
	  	Arab	  	AL	  	35016
				
	 1212 Merrick Drive, Suite 5
	  	Ardmore	  	OK	  	73401
				
	 840 Secretary Drive
	  	Arlington	  	TX	  	76015
				
	 1337 C East Dixie Drive
	  	Asheboro	  	NC	  	27203
				
	 473 Hendersonville Road, Suite A
	  	Asheville	  	NC	  	28803
				
	 920 Highway 72 E, Brookhill Plaza, PO Box 288
	  	Athens	  	AL	  	35611
				
	 959 Gilbert Ferry Road, SE, Suite M
	  	Attalla	  	AL	  	35954
				
	 2140 East University Drive, Suite E
	  	Auburn	  	AL	  	36830
				
	 8868 Research Blvd. Suite 705
	  	Austin	  	TX	  	78758
				
	 719 West William Cannon, Suite 112
	  	Austin	  	TX	  	78745
				
	 1016 La Posada Drive, Suite 270
	  	Austin	  	TX	  	78752
				
	 1231 SE Frank Phillips Blvd.
	  	Bartlesville	  	OK	  	74006
				
	 197 Main Street
	  	Barnwell	  	SC	  	29812
				
	 112D West Church Street
	  	Batesburg	  	SC	  	29006
				
	 906 McMeans Ave., Suite B
	  	Bay Minette	  	AL	  	36507
				
	 2303 Boundary Street, Suite 3
	  	Beaufort	  	SC	  	29902
				
	 6240 Phelan Blvd.
	  	Beaumont	  	TX	  	77706
				
	 218 City Square
	  	Belton	  	SC	  	29627
				
	 145 Hwy 15 & 401 Bypass, Suite 7
	  	Bennettsville	  	SC	  	29512
				
	 5031 Ford Parkway, Suite 104
	  	Bessemer	  	AL	  	35020
				
	 1930 Edwards Lake Road, Suite 120
	  	Birmingham	  	AL	  	35235
				
	 981 U.S. Highway 431 South
	  	Boaz	  	AL	  	35957
				
	 3906 Hwy 9, Suite C
	  	Boiling Springs	  	SC	  	29316
				
	 1135 Volunteer Parkway, Suite 1
	  	Bristol	  	TN	  	37620

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 806 S. Aspen Ave., Suite B
	  	Broken Arrow	  	OK	  	74012
				
	 857 E. Washington Street, Suite D
	  	Brownsville	  	TX	  	78520
				
	 3421-6 Cypress Mill Road
	  	Brunswick	  	GA	  	31525
				
	 1710 C, Suite 101 South Texas Avenue
	  	Bryan	  	TX	  	77802
				
	 2140 S. Church Street
	  	Burlington	  	NC	  	27215
				
	 1047 Broad Street
	  	Camden	  	SC	  	29020
				
	 528 Knox Abbott Drive
	  	Cayce	  	SC	  	29033
				
	 567 King Street
	  	Charleston	  	SC	  	29403
				
	 1300 Savannah Highway, Suite 12
	  	Charleston	  	SC	  	29407
				
	 9123 Monroe Road, Suite 100
	  	Charlotte	  	NC	  	28270
				
	 7309 East Independence Blvd., Suite 24
	  	Charlotte	  	NC	  	28227
				
	 5210 North Tryon Street, Unit B
	  	Charlotte	  	NC	  	28213
				
	 6407 South Blvd., Suite J
	  	Charlotte	  	NC	  	28217
				
	 3250 Wilkinson Blvd., Suite H
	  	Charlotte	  	NC	  	28208
				
	 9303 Monroe Rd., Suite A
	  	Charlotte	  	NC	  	28270
				
	 5716 Ringgold Road, Unit 106
	  	Chattanooga	  	TN	  	37412
				
	 233 Second Street
	  	Cheraw	  	SC	  	29520
				
	 120 N. 5th Street
	  	Chickasha	  	OK	  	73018
				
	 220 Town Mart
	  	Clanton	  	AL	  	35045
				
	 1942 S. Hwy. 66
	  	Claremore	  	OK	  	74019
				
	 891 Keith Street, Suite 6
	  	Cleveland	  	TN	  	37311
				
	 6729 L Two Notch Road
	  	Columbia	  	SC	  	29223
				
	 810 Dutch Square Blvd., Suite 102
	  	Columbia	  	SC	  	29210
				
	 7509 Garners Ferry Road, Suite F
	  	Columbia	  	SC	  	29209
				
	 6729 Two Notch Road, Unit B
	  	Columbia	  	SC	  	29223
				
	 136 Bear Creek Pike, Suite E
	  	Columbia	  	TN	  	38401
				
	 3401 W. Davis Street, Suite A1
	  	Conroe	  	TX	  	77304
				
	 302 Main Street
	  	Conway	  	SC	  	29526
				
	 516 S. Willow Avenue
	  	Cookeville	  	TN	  	38501
				
	 4918 Ayers Road, Ayers Plaza, Suite 136
	  	Corpus Christi	  	TX	  	78415
				
	 126 Crossings Way, Suite 15
	  	Crossville	  	TN	  	38555
				
	 1710 2nd Avenue SW, Suite 5
	  	Cullman	  	AL	  	35055
				
	 3186 Alabama Highway 157
	  	Cullman	  	AL	  	35058
				
	 3917 W. Camp Wisdom Road, Suite 107
	  	Dallas	  	TX	  	75237
				
	 200 Able Drive, Suite 12
	  	Dayton	  	TN	  	37321
				
	 2699 Sandlin Rd., Suite B-2
	  	Decatur	  	AL	  	35601
				
	 2314 6th Avenue SE, Suite B PO Box 298 (35602)
	  	Decatur	  	AL	  	35601
				
	 2400 Veterans Blvd., Suite 10
	  	Del Rio	  	TX	  	78840
				
	 121 Henslee Drive, Suite H
	  	Dickson	  	TN	  	37055
				
	 222 East Main Street
	  	Dillon	  	SC	  	29536
				
	 3074 Ross Clark Circle, Suite 8
	  	Dothan	  	AL	  	36301
				
	 5410 NC Highway 55, Suite R
	  	Durham	  	NC	  	27713
				
	 220 Jefferson Street
	  	Eagle Pass	  	TX	  	78852
				
	 6932 Calhoun Memorial Hwy., Suite G
	  	Easley	  	SC	  	29640
				
	 710 South Pendleton Street
	  	Easley	  	SC	  	29640
				
	 229 Apple Square Plaza
	  	Edgefield	  	SC	  	29824
				
	 613 East University Drive
	  	Edinburg	  	TX	  	78539

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 302 W. Edmond Road
	  	Edmond	  	OK	  	73003
				
	 500 N. Oregon, Suite E
	  	El Paso	  	TX	  	79901
				
	 8720 Alameda Avenue, Suite A
	  	El Paso	  	TX	  	79907
				
	 3333 N. Yarbrough Drive, Suite V
	  	El Paso	  	TX	  	79925
				
	 9861 Dyer Street, Suite 4
	  	El Paso	  	TX	  	79924
				
	 6920 Delta Drive, Suite 2
	  	El Paso	  	TX	  	79905
				
	 1605 George Dieter Drive, Suite 302
	  	El Paso	  	TX	  	79936
				
	 1700 N. Zaragoza Road, Suite 103
	  	El Paso	  	TX	  	79936
				
	 2329 W. Willow Road
	  	Enid	  	OK	  	73703
				
	 1111 Ireland Drive, Suite 102
	  	Fayetteville	  	NC	  	28304
				
	 2801 Mall Road, Suite 9
	  	Florence	  	AL	  	35630
				
	 163 Cox Creek Parkway
	  	Florence	  	AL	  	35630
				
	 355 West Evans Street
	  	Florence	  	SC	  	29501
				
	 1222 West Evans Street
	  	Florence	  	SC	  	29501
				
	 1123 N. McKenzie Street
	  	Foley	  	AL	  	36535
				
	 2308 Gault Avenue North
	  	Fort Payne	  	AL	  	35967
				
	 1518 Pennsylvania Avenue
	  	Fort Worth	  	TX	  	76104
				
	 2725 NE 28th Street, Suite 130
	  	Fort Worth	  	TX	  	76111
				
	 2901 Alta Mere Drive, Suite 1000
	  	Fort Worth	  	TX	  	76116
				
	 449 George Wallace Drive
	  	Gadsden	  	AL	  	35903
				
	 515 North Limestone Street
	  	Gaffney	  	SC	  	29340
				
	 841 Odum Road, Suite 105
	  	Gardendale	  	AL	  	35071
				
	 3115 South 1st Street, Suite 300
	  	Garland	  	TX	  	75041
				
	 3465 West Walnut Street, Suite 107
	  	Garland	  	TX	  	75042
				
	 1330 Fifth Avenue, Suite 250
	  	Garner	  	NC	  	27529
				
	 2568 West Franklin Blvd.
	  	Gastonia	  	NC	  	28052
				
	 808 East Franklin Blvd.
	  	Gastonia	  	NC	  	28054
				
	 1113 N. Fraser Street
	  	Georgetown	  	SC	  	29440
				
	 134 Saint James Avenue, Suite 6
	  	Goose Creek	  	SC	  	29445
				
	 2080 N. Hwy. 360, Suite 140
	  	Grand Prairie	  	TX	  	75050
				
	 817 W. Pioneer Parkway, Suite 156
	  	Grand Prairie	  	TX	  	75051
				
	 2565 East Andrew Johnson Highway
	  	Greeneville	  	TN	  	37745
				
	 3733 B Farmington Drive
	  	Greensboro	  	NC	  	27407
				
	 2403 Battleground Avenue, Suite 6
	  	Greensboro	  	NC	  	27408
				
	 631 Willow Lane, Suite K
	  	Greenville	  	AL	  	36037
				
	 101 Verdae Blvd., Suite 130
	  	Greenville	  	SC	  	29607
				
	 3405 White Horse Road, Suite C
	  	Greenville	  	SC	  	29611
				
	 2301 Wade Hampton Blvd., Suite 3
	  	Greenville	  	SC	  	29615
				
	 718A Montague Avenue
	  	Greenwood	  	SC	  	29649
				
	 726-A Montague Avenue
	  	Greenwood	  	SC	  	29649
				
	 1309 B West Poinsett Street
	  	Greer	  	SC	  	29650
				
	 129 Lee Avenue
	  	Hampton	  	SC	  	29924
				
	 318 E. Jackson Street
	  	Harlingen	  	TX	  	78550
				
	 587 Highway 31 NW, Suite A PO Box 788
	  	Hartselle	  	AL	  	35640
				
	 112 East Carolina Avenue
	  	Hartsville	  	SC	  	29550
				
	 475 N. Main Street, Suite D
	  	Hemingway	  	SC	  	29554
				
	 638 Spartanburg Hwy., Suite 30
	  	Hendersonville	  	NC	  	28792

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 2367 Highway 70 SE
	  	Hickory	  	NC	  	28602
				
	 2108 N. Centennial Street, Suite 114
	  	High Point	  	NC	  	27265
				
	 2630 S. Main Street, Suite 103
	  	High Point	  	NC	  	27263
				
	 306 Palisades Blvd, Suite 4
	  	Homewood	  	AL	  	35209
				
	 3659 Lorna Road, Suite 125
	  	Hoover	  	AL	  	35216
				
	 7100 Regency Square Blvd., Suite 248
	  	Houston	  	TX	  	77036
				
	 1804 Wirt Road
	  	Houston	  	TX	  	77055
				
	 5517 Airline Drive, Suite E
	  	Houston	  	TX	  	77076
				
	 459 Uvalde Road
	  	Houston	  	TX	  	77015
				
	 6003 Bellaire Blvd., Suite G
	  	Houston	  	TX	  	77081
				
	 4485 North Freeway
	  	Houston	  	TX	  	77022
				
	 4925 University Drive, Suite 110
	  	Huntsville	  	AL	  	35816
				
	 700 Airport Road, Suite E
	  	Huntsville	  	AL	  	35802
				
	 1918 North Story Road
	  	Irving	  	TX	  	75061
				
	 4405 N. College Avenue, Suite C
	  	Jackson	  	AL	  	36545
				
	 319 Vann Drive, Suite B
	  	Jackson	  	TN	  	38305
				
	 1811 Highway 78 East, Suite 110
	  	Jasper	  	AL	  	35501
				
	 800 Highway 78 East, Suite 300
	  	Jasper	  	AL	  	35501
				
	 3014 Bristol Highway, Suite 3
	  	Johnson City	  	TN	  	37601
				
	 3379 Cloverleaf Parkway
	  	Kannapolis	  	NC	  	28083
				
	 873 S. Mason Rd., Suite 324
	  	Katy	  	TX	  	77450
				
	 421 West Stone Drive, Suite 3
	  	Kingsport	  	TN	  	37660
				
	 200 West Mill Street
	  	Kingstree	  	SC	  	29556
				
	 218 E. Kleberg Avenue
	  	Kingsville	  	TX	  	78363
				
	 7118 Maynardville Highway
	  	Knoxville	  	TN	  	37918
				
	 1645 Downtown West Blvd., Unit 11
	  	Knoxville	  	TN	  	37919
				
	 109 East Main Street
	  	Lake City	  	SC	  	29560
				
	 226 S. Main Street
	  	Lancaster	  	SC	  	29720
				
	 502 W. Calton Road, Suite 109
	  	Laredo	  	TX	  	78041
				
	 1104-B North Meadow
	  	Laredo	  	TX	  	78040
				
	 2300 N. Main Street, Suite 205
	  	Las Cruces	  	NM	  	88001
				
	 507 N. Harper Street, Suite D
	  	Laurens	  	SC	  	29360
				
	 1915 West Gore Blvd., Suite 3
	  	Lawton	  	OK	  	73501
				
	 224 West Main Street, Suite D
	  	Lebanon	  	TN	  	37087
				
	 5175 Sunset Boulevard, Suite 4
	  	Lexington	  	SC	  	29072
				
	 371 West Church Street
	  	Lexington	  	TN	  	38351
				
	 110 E. Tyler Street
	  	Longview	  	TX	  	75601
				
	 348 North Highway 701, Unit 1
	  	Loris	  	SC	  	29569
				
	 588 Bailey Road, Suite E
	  	Lumberton	  	NC	  	28358
				
	 2021 Gallatin Pike North, Suite 240
	  	Madison	  	TN	  	37115
				
	 103 South Brooks Street
	  	Manning	  	SC	  	29102
				
	 1107 East Godbold Street
	  	Marion	  	SC	  	29571
				
	 200 E. Choctaw Avenue
	  	McAlester	  	OK	  	74501
				
	 1313 Dallas Street
	  	McAllen	  	TX	  	78501
				
	 7444 Winchester Road, Suite 104
	  	Memphis	  	TN	  	38125
				
	 2839 S. Douglas Blvd., Suite 103
	  	Midwest City	  	OK	  	73130
				
	 2708 H E. Griffin Parkway
	  	Mission	  	TX	  	78572

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 5238 U.S. Highway 90 W, Suite D
	  	Mobile	  	AL	  	36619
				
	 6345 Airport Boulevard, Suite G
	  	Mobile	  	AL	  	36608
				
	 104 Bi-Lo Way, Suite A2
	  	Moncks Corner	  	SC	  	29461
				
	 3306 Highway 74 West, Unit D
	  	Monroe	  	NC	  	28110
				
	 6144 Atlanta Highway
	  	Montgomery	  	AL	  	36117
				
	 2206 Village Drive
	  	Moody	  	AL	  	35004
				
	 639 NW 7th Street
	  	Moore	  	OK	  	73160
				
	 1631 E. Andrew Johnson Highway
	  	Morristown	  	TN	  	37814
				
	 1035 Johnnie Dodds Blvd., Suite C-7
	  	Mt. Pleasant	  	SC	  	29464
				
	 1636 Memorial Blvd.
	  	Murfreesboro	  	TN	  	37129
				
	 1208 North York Street, Suite B
	  	Muskogee	  	OK	  	74403
				
	 605 West Broadway Street
	  	Myrtle Beach	  	SC	  	29577
				
	 6242 Rufe Snow Drive, Suite 230
	  	N. Richland Hills	  	TX	  	76148
				
	 1377 Wilson Road
	  	Newberry	  	SC	  	29108
				
	 2108A W. Lindsey Street
	  	Norman	  	OK	  	73069
				
	 404 E. Martintown Road, Suite 4
	  	North Augusta	  	SC	  	29841
				
	 1924 Remount Road
	  	North Charleston	  	SC	  	29406
				
	 1922 Remount Road
	  	North Charleston	  	SC	  	29406
				
	 867 U.S. Highway 17 South
	  	North Myrtle Beach	  	SC	  	29582
				
	 80 McFarland Drive, Suite 2
	  	Northport	  	AL	  	35473
				
	 7141 S. Western Avenue, Suite C
	  	Oklahoma City	  	OK	  	73139
				
	 6221 N. Meridian Avenue
	  	Oklahoma City	  	OK	  	73112
				
	 642 John C. Calhoun Drive
	  	Orangeburg	  	SC	  	29115
				
	 1291 John C. Calhoun Drive
	  	Orangeburg	  	SC	  	29115
				
	 1225 Snow Street, Suite 4
	  	Oxford	  	AL	  	36203
				
	 1986 US Highway 78 East
	  	Oxford	  	AL	  	36203
				
	 3910 Fairmont Parkway, Suite D
	  	Pasadena	  	TX	  	77504
				
	 1703 Shaver Street
	  	Pasadena	  	TX	  	77502
				
	 2550 Broadway Street
	  	Pearland	  	TX	  	77581
				
	 1401 Stemley Bridge Road, Suite 13
	  	Pell City	  	AL	  	35125
				
	 3304 U.S. Highway 80 West, Suite E
	  	Phenix City	  	AL	  	36870
				
	 230 West Parker Road, Suite 190
	  	Plano	  	TX	  	75075
				
	 246 Interstate Commercial Park Loop
	  	Prattville	  	AL	  	36066
				
	 4011 Capital Blvd., Suite 123
	  	Raleigh	  	NC	  	27604
				
	 4761 E. Hwy. 83, Suite B, Plaza Del Mar
	  	Rio Grande City	  	TX	  	78582
				
	 592 N. Anderson Road
	  	Rock Hill	  	SC	  	29730
				
	 704-C E. Broad Avenue
	  	Rockingham	  	NC	  	28379
				
	 3806 Avenue I, Suite 22
	  	Rosenberg	  	TX	  	77471
				
	 1015 S. Mays Street, Suite 101
	  	Round Rock	  	TX	  	78664
				
	 811 S. Jake Alexander Blvd.
	  	Salisbury	  	NC	  	28147
				
	 4502 Centerview Drive, Suite 116
	  	San Antonio	  	TX	  	78228
				
	 1121 SW Military Drive, Suite 101
	  	San Antonio	  	TX	  	78221
				
	 14145 Nacogdoches Road, Suite 1
	  	San Antonio	  	TX	  	78247
				
	 3221 Wurzbach Road
	  	San Antonio	  	TX	  	78238
				
	 3655 Fredricksburg Road, Suite 119
	  	San Antonio	  	TX	  	78201
				
	 4525 Rigsby Avenue, Suite 106
	  	San Antonio	  	TX	  	78222
				
	 7500 Eckhert Road, Suite 460
	  	San Antonio	  	TX	  	78240

							
	 Street
	  	 City
	  	 State
	  	 Zip

	 11819 West Avenue, Suite 2
	  	San Antonio	  	TX	  	78216
				
	 206-B West San Antonio Street
	  	San Marcos	  	TX	  	78666
				
	 305 W. Taft Road, Ste A
	  	Sapulpa	  	OK	  	74066
				
	 6409 Abercorn street
	  	Savannah	  	GA	  	31405
				
	 1605 S. Broad Street
	  	Scottsboro	  	AL	  	35768
				
	 211 Oconee Square Drive
	  	Seneca	  	SC	  	29678
				
	 1510 N. Kickapoo Avenue, Suite 1
	  	Shawnee	  	OK	  	74804
				
	 120 Highway 14, Suite C
	  	Simpsonville	  	SC	  	29681
				
	 2400 Herodian Way SE, Suite 147N
	  	Smyrna	  	GA	  	30080
				
	 10755 N. Loop, Suite P
	  	Socorro	  	TX	  	79927
				
	 195A S. Converse Street
	  	Spartanburg	  	SC	  	29306
				
	 110 Garner Road, Suite 10, Merchants Plaza
	  	Spartanburg	  	SC	  	29303
				
	 5015 FM 2920 Road, Suite B
	  	Spring	  	TX	  	77388
				
	 12220 Murphy Road, Suite H
	  	Stafford	  	TX	  	77477
				
	 11925 Southwest Freeway, Suite 6
	  	Stafford	  	TX	  	77477
				
	 230 Signal Hill Drive
	  	Statesville	  	NC	  	28625
				
	 701 N. Main Street
	  	Stillwater	  	OK	  	74075
				
	 115 E. Richardson Avenue
	  	Summerville	  	SC	  	29483
				
	 251 Broad Street
	  	Sumter	  	SC	  	29150
				
	 708 Bultman Drive
	  	Sumter	  	SC	  	29150
				
	 1209 N. Main Avenue
	  	Sylacauga	  	AL	  	35150
				
	 513 East Battle Street
	  	Talladega	  	AL	  	35160
				
	 2314 W. Adams Avenue, Suite C
	  	Temple	  	TX	  	76504
				
	 2506 25th Ave. North, Suite #2
	  	Texas City	  	TX	  	77590
				
	 33208 Highway 43, Suite A
	  	Thomasville	  	AL	  	36784
				
	 1237 Highway 231 South
	  	Troy	  	AL	  	36081
				
	 3202 S. Memorial Drive, Suite 7A
	  	Tulsa	  	OK	  	74145
				
	 2001 Skyland Blvd. East, Suite C-1
	  	Tuscaloosa	  	AL	  	35405
				
	 2523 East Fifth Street
	  	Tyler	  	TX	  	75701
				
	 410 N. Duncan Bypass, Suite D
	  	Union	  	SC	  	29379
				
	 2912 N. Laurent Street
	  	Victoria	  	TX	  	77901
				
	 1615 N. Valley Mills Drive, Suite 1615
	  	Waco	  	TX	  	76710
				
	 110A N. Memorial Avenue
	  	Walterboro	  	SC	  	29488
				
	 1025 North Texas Blvd., Suite 17
	  	Weslaco	  	TX	  	78596
				
	 622 Twelfth Street
	  	West Columbia	  	SC	  	29169
				
	 420 Eastwood Road, Suite 101
	  	Wilmington	  	NC	  	28403
				
	 153 N. Congress Street
	  	Winnsboro	  	SC	  	29180
				
	 3193-D Peters Creek Parkway
	  	Winston-Salem	  	NC	  	27127
				
	 4964 Martin View Lane
	  	Winston-Salem	  	NC	  	27104
				
	 902 N. Main Street
	  	Woodruff	  	SC	  	29388
				
	 710 E Liberty Street, Suite 102
	  	York	  	SC	  	29745
				
	 1300 West Vandament Avenue, Suite 2301
	  	Yukon	  	OK	  	73099

 SCHEDULE 7.6 

GAAP EXCEPTIONS 
 None. 

 SCHEDULE 7.9 

PERMITTED LIENS 
 Liens created by the
following documents and any financing statements now existing or hereafter filed related thereto: 
 Business Loan Agreement dated on or about
January 9, 2012, made by Regional with Wells Fargo Bank, National Association (“Wells Fargo”), allowing Regional to borrow up to $1,500,000 on a revolving basis. As an inducement, Wells Fargo required the execution of a
Promissory Note by Regional in favor of Wells Fargo (as identified in Schedule 8.6) related to certain real and personal property (as described therein) located at 507 and 509 W. Butler Road, Mauldin, South Carolina, as the same has been
amended, modified or extended. 

 SCHEDULE 7.10 

LICENSES 
 None. 

 SCHEDULE 7.13 

COMPLIANCE WITH LAWS 
 None. 

 SCHEDULE 7.16 

SUBSIDIARIES 
 Each of the entities listed
below is a direct or indirect wholly owned subsidiary of Regional Management Corp. 
 Regional Finance Corporation of
Alabama 
 Regional Finance Corporation of Georgia 

Regional Finance Corporation of North Carolina 

Regional Finance Corporation of South Carolina 

Regional Finance Corporation of Tennessee 

Regional Finance Corporation of Texas 

Regional Finance Company of Oklahoma, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Regional Finance Company of New Mexico, LLC (wholly-owned by Regional Finance Corporation of South Carolina) 

Regional Finance Company of Missouri, LLC 

Regional Finance Company of Louisiana, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Regional Finance Company of Mississippi, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

RMC Financial Services of Florida, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Regional Finance Company of Georgia, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Regional Finance Company of Kentucky, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Regional Finance Company of Virginia, LLC (wholly-owned by Regional Finance Corporation of North Carolina) 

Upstate Motor Company 

Credit Recovery Associates, Inc. 

RMC Reinsurance, LTD 

 SCHEDULE 7.19 

BANK ACCOUNTS 
  

													
	 Bank Name
	  	 Account Number
	  	 City
	  	 State
	  	 Purpose
	  	 Company Name/DBA
	  	 Sweep Acct.

	Arvest Bank	  	XXXXXXXXXX	  	Bartlesville	  	OK	  	Depository	  	Regional Finance Co. of OK, LLC	  	
							
	BancFirst	  	XXXXXXXXXX	  	Ardmore	  	OK	  	Depository	  	Regional Finance Co of OK, LLC	  	
							
	Bank of Oklahoma	  	XXXXXXXXXX	  	Midwest City	  	OK	  	Depository	  	Regional Finance Co of OK, LLC	  	
							
	BB & T	  	XXXXXXXXXX	  	Brunswick	  	GA	  	Depository	  	Regional Finance Co of GA, LLC	  	
							
	BB & T	  	XXXXXXXXXX	  	Winston Salem	  	NC	  	Depository	  	Regional Management Corp.	  	
							
	BB & T	  	XXXXXXXXXX	  	Winston Salem	  	NC	  	Depository	  	Regional Finance Corp. of TN	  	
							
	Compass Bank	  	XXXXXXXXXX	  	Birmingham	  	AL	  	Depository	  	Regional Finance Corp. of TX	  	
							
	Compass Bank	  	XXXXXXXXXX	  	Birmingham	  	AL	  	Depository	  	Regional Finance Corp. of TX	  	
							
	First Bank	  	XXXXXXXXXX	  	Dickson	  	TN	  	Depository	  	Regional Finance Corp. of TN	  	
							
	First Citizens	  	XXXXXXXXXX	  	Columbia	  	SC	  	Depository	  	Regional Finance Corp. of SC	  	
							
	First Citizens	  	XXXXXXXXXX	  	Columbia	  	SC	  	Depository	  	Regional Finance Corp. of SC	  	
							
	First National	  	XXXXXXXXXX	  	Edinburgh	  	TX	  	Closed	  	Regional Finance Corp. of TX	  	
							
	First National Bank	  	XXXXXXXXXX	  	Talladega	  	AL	  	Depository	  	Regional Finance Corp. of AL	  	
							
	First National Bank of TN	  	XXXXXXXXXX	  	Livingston	  	TN	  	Depository	  	Regional Finance Corp. of TN	  	
							
	First Tennessee Bank	  	XXXXXXXXXX	  	Memphis	  	TN	  	Depository	  	Regional Finance Corp. of TN	  	
							
	International Bank and Commerce	  	XXXXXXXXXX	  	Laredo	  	TX	  	Depository	  	Regional Finance Corp. of TX	  	
							
	International Bank and Commerce	  	XXXXXXXXXX	  	Laredo	  	TX	  	Depository	  	Regional Finance Corp. of TX	  	
							
	International Bank and Commerce	  	XXXXXXXXXX	  	Laredo	  	TX	  	Depository	  	Regional Finance Corp. of TX	  	
							
	International Bank and Commerce	  	XXXXXXXXXX	  	Shawnee	  	OK	  	Depository	  	Regional Finance Co. of OK, LLC	  	
							
	Merchants Bank	  	XXXXXXXXXX	  	Jackson	  	AL	  	Depository	  	Regional Finance Corp. of AL	  	
							
	NBSC	  	XXXXXXXXXX	  	Columbus	  	GA	  	Depository	  	Regional Finance Corp. of SC	  	
							
	Southeast Bank	  	XXXXXXXXXX	  	Dayton	  	TN	  	Depository	  	Regional Finance Corp. of TN	  	
							
	Southside	  	XXXXXXXXXX	  	Tyler	  	TX	  	Depository	  	Regional Finance Corp. of TX	  	
							
	US Bank	  	XXXXXXXXXX	  	Columbia	  	TN	  	Depository	  	Regional Finance Corp. of TN	  	
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Reinsurance	  	RMC Reinsurance	  	
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Payroll	  	Regional Management Corp.	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Loan Disbursement	  	Regional Management Corp.	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Master Depository	  	Regional Management Corp.	  	
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Master Funding	  	Regional Management Corp.	  	

													
	 Bank Name
	  	 Account Number
	  	 City
	  	 State
	  	 Purpose
	  	 Company Name/DBA
	  	 Sweep Acct.

	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Depository	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Depository	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Depository	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Depository	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Bank Of America	  	XXXXXXXXXX	  	Charlotte	  	NC	  	Depository	  	Regional Finance Co. of OK, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Master Funding	  	Regional Finance Corp. of SC	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Management Corp.	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	For tax payments and other ACH debits	  	Regional Management Corp.	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	ACS Depository	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	AL Depository	  	Regional Finance Corp. of AL	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	GA Depository	  	Regional Finance Co. of GA, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NC Depository	  	Regional Finance Corp. of NC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NM Depository	  	Regional Finance Co. of NM, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TN Depository	  	Regional Finance Corp. of TN	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Depository	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TX Depository	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	GA Checking	  	Regional Finance Co. of GA, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Checking	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Checking	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Checking	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	RMC Checking	  	RMC Financial Services Corp.	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TX Checking	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NC Checking	  	Regional Finance Corp. of NC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TN Checking	  	Regional Finance Corp. of TN	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	AL Checking	  	Regional Finance Corp. of AL	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	ACS Checking	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Corporate AP	  	Regional Management Corp.	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Corporate Loan Solicitation	  	Regional Management Corp.	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Loan Solicitation	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TN Loan Solicitation	  	Regional Finance Corp. of TN	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TX Loan Solicitation	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NC Loan Solicitation	  	Regional Finance Corp. of NC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC NB Loan Solicitation	  	Regional Finance Corp. of SC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TN NB Loan Solicitation	  	Regional Finance Corp. of TN	  	Sweep Acct.

													
	 Bank Name
	  	 Account Number
	  	 City
	  	 State
	  	 Purpose
	  	 Company Name/DBA
	  	 Sweep Acct.

	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	TX NB Loan Solicitation	  	Regional Finance Corp. of TX	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NC NB Loan Solicitation	  	Regional Finance Corp. of NC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	AL NB Loan Solicitation	  	Regional Finance Corp. of AL	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	GA NB Loan Solicitation	  	Regional Finance Co. of GA, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Finance Corp. of TX	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Finance Corp. of TX	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Finance Corp. of TX	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Finance Corp. of TX	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Closed	  	Regional Finance Corp. of TX	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NM Checking	  	Regional Finance Co. of NM	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	RMC Central Checking	  	Regional Management Corp.	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	CRA Depository	  	Credit Recovery Associates	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	SC Trust CRA for licensing purposes	  	Credit Recovery Associates	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NM NB Loan Solicitation Account	  	Regional Finance Co. of NM	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	NM Loan Solicitation Account	  	Regional Finance Co. of NM	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	OK NB Loan Solicitation Account	  	Regional Finance Co. of OK, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	OK Loan Solicitation Account	  	Regional Finance Co. of OK, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	AL Loan Solicitation Account	  	Regional Finance Corp. of AL	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	GA FB Loan Solicitation Account	  	Regional Finance Co. of GA, LLC	  	Sweep Acct.
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	New Mexico account for licensing purposes	  	Regional Finance Co. of NM, LLC	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Missouri account for licensing purposes	  	Regional Finance Co. of MO	  	
							
	Wells Fargo	  	XXXXXXXXXX	  	Greenville	  	SC	  	Georgia account for licensing purposes	  	Regional Finance Co. of GA, LLC	  	

 SCHEDULE 8.3 

GUARANTIES 
 None. 

 SCHEDULE 8.6 

DEBT 
 Promissory Note, dated
January 9, 2012, in an aggregate principal amount not to exceed $1,500,000 made by Regional payable to the order of Wells Fargo, National Association (the “Wells Fargo Revolver”), as the same has been amended, modified or
supplemented.EX-10.1

 Exhibit 10.1 

SEVERANCE ARRANGEMENT 

This SEVERANCE ARRANGEMENT (“Arrangement”) is effective as of the [18th] day of November, 2013 (the “Effective
Date”), between Global Power Equipment Group Inc. (the “Company”) and Raymond K. Guba (“Executive”). In consideration of the mutual covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Nature of Arrangement. In order
to induce Executive to accept employment with the Company and in consideration of Executive’s employment, the Company agrees, under the conditions described herein, to pay Executive the payments and benefits set forth in Section 4 and the
other payments and benefits described in this Arrangement. No payments or benefits set forth in Section 4 shall be payable under this Arrangement unless there shall have been a Qualified Termination (as defined in Section 4(a) hereof) or a
termination for Disability (as defined in Section 2(a) hereof) or as a result of Executive’s death. This Arrangement shall not be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing
between Executive and the Company, Executive shall not have any right to be retained in the employ of the Company or its affiliates. As used in this Arrangement, the term “affiliate” shall mean any entity controlled by, controlling,
or under common control with, the Company. 
 2. Termination of Employment. 

(a) Death and Disability. Executive’s employment shall terminate automatically upon Executive’s death. If the Company
determines in good faith that the Disability (as defined below) of Executive has occurred, it may give to Executive written notice in accordance with Section 15 of this Arrangement of its intention to terminate Executive’s employment;
provided that such notice is provided no later than 150 calendar days following the determination of Executive’s Disability. In such event, Executive’s employment shall terminate effective on the 30th calendar day after receipt of such
notice by Executive (the “Disability Effective Date”), provided that, within the 30 calendar days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties. For purposes of this
Arrangement, “Disability” shall mean the inability of Executive to perform the essential duties of the position held by Executive by reason of any medically determined physical or mental impairment that is reasonably expected to
result in death or lasts for 120 consecutive calendar days in any one-year period, all as determined by an independent licensed physician mutually acceptable to the Company and Executive or Executive’s legal representative. 

(b) Cause. Executive’s employment with the Company may be terminated by the Company with or without Cause. For purposes of this
Arrangement, “Cause” shall mean: (i) the continued failure of Executive to perform substantially Executive’s duties with the Company or any of its affiliates or Executive’s disregard of the directives of the Board of
Directors of the Company (the “Board”) or the Chief Executive Officer of the Company (the “CEO”) (in each case other than any such failure resulting from any medically determined physical or mental impairment) that
is not cured by Executive within 20 days after a written demand for substantial 

 
performance is delivered to Executive by the Board which specifically identifies the manner in which the Board believes that Executive has not substantially performed Executive’s duties or
disregarded a directive of the Board or CEO; (ii) willful material misrepresentation at any time by Executive to the Board or CEO; (iii) Executive’s commission of any act of fraud, misappropriation or embezzlement against or in
connection with the Company or any of its affiliates or their respective businesses or operations; (iv) a conviction, guilty plea or plea of nolo contendere of Executive for any crime involving dishonesty or for any felony; (v) a
material breach by Executive of his fiduciary duties of loyalty or care to the Company or any of its affiliates or a material violation of the Company’s Code of Business Conduct and Ethics or any other Company policy, as the same may be amended
from time to time; (vi) the engaging by Executive in illegal conduct, gross misconduct, gross insubordination or gross negligence that is materially and demonstrably injurious to the Company’s business or financial condition; or
(vii) a material breach by Executive of his representations under Section 8 of this Arrangement or his obligations under Sections 9, 10 or 11 of this Arrangement. 

(c) Good Reason. Executive’s employment with the Company may be terminated by Executive with or without Good Reason. For purposes
of this Arrangement, “Good Reason” shall mean the occurrence of any of the following without Executive’s consent: (i) a material reduction by the Company of Executive’s title, duties, responsibilities or reporting
relationship; or (ii) a material reduction by the Company of Executive’s annual base salary or Executive’s “target” annual bonus opportunity (other than an across-the-board reduction which applies in a comparable manner to
the other senior executives of the Company). A termination of Executive’s employment by Executive shall not be deemed to be for Good Reason unless (x) Executive gives notice to the Company of the existence of the event or condition
constituting Good Reason within 30 calendar days after such event or condition initially occurs or exists, and (y) the Company fails to cure such event or condition within 30 calendar days after receiving such notice. Additionally, Executive
must terminate his employment within 120 calendar days after the initial occurrence of the circumstance constituting Good Reason for such termination to be Good Reason hereunder. 

(d) Notice of Termination. Any termination by the Company for Cause, or by Executive for Good Reason, shall be communicated by Notice of
Termination to the other party in accordance with Section 15. For purposes of this Arrangement, a “Notice of Termination” means a written notice which (i) indicates the specific termination provision in this Arrangement
relied upon, (ii) to the extent applicable, sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated and (iii) if the Date of
Termination (as defined below) is other than the date of receipt of such notice, specifies the termination date (which date shall be not more than 30 calendar days after the giving of such notice). The failure by the Company or Executive to set
forth in the Notice of Termination any fact or circumstance which contributes to a showing of Cause or Good Reason shall not waive any right of the Company or Executive, respectively, hereunder or preclude the Company or Executive, respectively,
from asserting such fact or circumstance in enforcing the Company’s or Executive’s rights hereunder. 
 (e) Date of
Termination. “Date of Termination” means (i) if Executive’s employment is terminated by the Company for Cause, or by Executive for Good Reason, the date of receipt of the Notice of Termination or any later date
specified therein within 30 

  
 2 

 
calendar days after such notice, as the case may be, (ii) if Executive’s employment is terminated by the Company other than for Cause or Disability, or if Executive voluntarily resigns
without Good Reason, the date on which the terminating party notifies the other party that such termination shall be effective, provided that on a voluntary resignation without Good Reason, the Company may, in its sole discretion, make such
termination effective on any date it elects in writing between the date of the notice and the proposed date of termination specified in the notice, (iii) if Executive’s employment is terminated by reason of death, the date of death of
Executive, or (iv) if Executive’s employment is terminated by the Company due to Disability, the Disability Effective Date. 
 (f)
Resignation from All Positions. Notwithstanding any other provision of this Arrangement, upon the termination of Executive’s employment for any reason, unless otherwise requested by the Board, Executive shall immediately resign from all
positions that he holds or has ever held with the Company and its affiliates. Executive hereby agrees to execute any and all documentation to effectuate such resignations upon request by the Company, but he shall be treated for all purposes as
having so resigned upon termination of his employment, regardless of when or whether he executes any such documentation. 
 3.
Compensation Other Than Severance Benefits. 
 (a) Accrued Rights. If Executive’s employment with the Company and its
affiliates shall be terminated for any reason, the Company shall pay, or cause to be paid, to Executive (or his estate) the sum of: (A) the portion of Executive’s annual base salary earned through the Date of Termination, to the extent not
previously paid; and (B) any accrued vacation pay, to the extent not previously paid (the sum of the amounts described in clauses (A) and (B) shall be referred to as the “Accrued Benefits”). The Accrued Benefits shall
be paid in a single lump sum within 30 calendar days after the Date of Termination. 
 (b) Other Benefits. If Executive’s
employment with the Company and its affiliates shall be terminated for any reason, the Company shall pay or provide, or cause to be paid or provided, to Executive (or his estate) any other amounts or benefits required to be paid or provided or which
Executive is eligible to receive under any plan, program, policy or practice or contract or agreement of the Company, including any benefits to which Executive is entitled under Part 6 of Subtitle B of Title I of the Employee Retirement Income
Security Act of 1974, as amended (such other amounts and benefits shall be hereinafter referred to as the “Other Benefits”) in accordance with the terms and normal procedures of each such plan, program, policy or practice or
contract or agreement, based on accrued and vested benefits through the Date of Termination. 

  
 3 

 4. Severance Benefits. 

(a) Qualified Termination. If, on or after the Effective Date, the Company shall terminate Executive’s employment other than for
Disability, death or Cause, or if Executive shall terminate employment with the Company for Good Reason (a “Qualified Termination”), then Executive shall be entitled to receive the following payments set forth in this
Section 4(a): 
 (i) Salary Continuation. Subject to Section 7 hereof, the Company shall continue to pay, or
cause to be paid, to Executive his then-current annual base salary (without regard to any reduction that would qualify as a Good Reason termination event) for the one year period commencing on the Date of Termination (such period, the
“Severance Period”), payable over the Severance Period in equal semi-monthly or other installments (not less frequently than monthly), with the installments that otherwise would be paid within the first 60 calendar days after the
Date of Termination being paid in a lump sum (without interest) on the 60th day after the Date of Termination and the remaining installments being paid as otherwise scheduled assuming payments had begun immediately after the Date of Termination.

 (ii) Prior Year Short-Term Incentive. Subject to Section 7 hereof, the Company shall pay to Executive the
amount of any short-term incentive that has been earned by Executive for a completed fiscal year or other measuring period preceding the Date of Termination (or that would have been earned by Executive had his employment continued through the date
such short-term incentive is paid to other senior executives), but has not yet been paid to Executive (the “Prior Year Short-Term Incentive”), payable in a single lump sum no later than two and one half months following the end of
the completed fiscal year or other measuring period. 
 (iii) Pro-Rated Short-Term Incentive. Subject to
Section 7 hereof, and if and only if Executive’s Date of Termination occurs at least three full calendar months after the beginning of the Company’s fiscal year, Executive will be eligible to receive a short-term incentive under the
Company’s Short-Term Incentive Plan for the fiscal year during which the Date of Termination occurs, determined as if Executive had remained employed for the entire year (and any additional period of time necessary to be eligible to receive the
short-term incentive for the year), based on actual Company performance during the entire fiscal year and without regard to any discretionary adjustments that have the effect of reducing the amount of the short-term incentive (other than
discretionary adjustments applicable to all senior executives who did not terminate employment), and assuming that any individual goals applicable to Executive were satisfied at the “target” level, pro-rated based on the number of days in
the Company’s fiscal year through (and including) the Date of Termination (the “Pro-Rated Short-Term Incentive”). The Pro-Rated Short-Term Incentive shall be payable in a single lump sum at the same time that payments are made
to other participants in the Company’s Short-Term Incentive Plan for that fiscal year (pursuant to the terms of the plan but in no event later than two and one-half months after the fiscal year during which the Date of Termination occurs). 

  
 4 

 (b) Disability and Death. If, on or after the Effective Date, Executive’s employment
is terminated for Disability as a result of Executive’s death, then the Company shall pay or provide to Executive (or his estate) (i) subject to Section 7 hereof, the Prior Year Short-Term Incentive, payable in accordance with
Section 4(a)(ii) of this Arrangement, (ii) subject to Section 7 hereof, and if and only if Executive’s Date of Termination occurs at least three full calendar months after the beginning of the Company’s fiscal year, the
Pro-Rated Short-Term Incentive, payable in accordance with Section 4(a)(iii) of this Arrangement, and (iii) in the case of termination for Disability, and subject to Section 7 hereof, an amount equal to the excess, if any, of
Executive’s annual base salary for 6 months, over the amounts payable to Executive under the Company’s short-term disability insurance program, which amount shall be payable in equal semi-monthly or other installments (not less frequently
than monthly) over the period commencing on the Date of Termination and ending 6 months thereafter, with the installments that otherwise would be paid within the first 60 calendar days after the Date of Termination being paid in a lump sum (without
interest) on the 60th day after the Date of Termination and the remaining installments being paid as otherwise scheduled assuming payments had begun immediately after the Date of Termination. 

5. Full Settlement. The Company’s obligation to make the payments provided for in this Arrangement and otherwise to perform its
obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company or any of its affiliates may have against Executive or others, except as otherwise may be provided in the
Company’s Compensation Recovery Policy, as amended from time-to-time or Section 12 hereof. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive
under any of the provisions of this Arrangement and such amounts shall not be reduced whether or not Executive obtains other employment. 

6. Section 280G. In the event it shall be determined that any payment or distribution by the Company or any of its affiliates to
or for the benefit of Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Arrangement or otherwise) (the “Total Payments”), is or will be subject to the excise tax (the “Excise
Tax”) imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), then the Total Payments shall be reduced to the maximum amount that could be paid to Executive without giving rise to the
Excise Tax (the “Safe Harbor Cap”), if the net after-tax benefit to Executive after reducing Executive’s Total Payments to the Safe Harbor Cap is greater than the net after-tax (including the Excise Tax) benefit to Executive
without such reduction. The reduction of the amounts payable hereunder, if applicable, shall be made by reducing first the payment made pursuant to Section 4(a)(i) of this Arrangement, then to the payment made pursuant to Section 4(a)(ii)
of this Arrangement, then to the payment made pursuant to Section 4(a)(iii) of this Arrangement, and then to any other payment that triggers such Excise Tax in the following order: (i) reduction of cash payments, (ii) cancellation of
accelerated vesting of performance-based equity awards (based on the reverse order of the date of grant), (iii) cancellation of accelerated vesting of other equity awards (based on the reverse order of the date of grant), and
(iv) reduction of any other payments due to the Executive (with benefits or payments in any group having different payment terms being reduced on a pro-rata basis). All mathematical determinations, and all determinations as to whether any of
the Total Payments are “parachute payments” (within the meaning of Section 280G of the Code), that are required 

  
 5 

 
to be made under this paragraph, including determinations as to whether the Total Payments to Executive shall be reduced to the Safe Harbor Cap and the assumptions to be utilized in arriving at
such determinations, shall be made at the Company’s expense by a nationally recognized accounting firm mutually acceptable to the Company and Executive (the “Accounting Firm”). 

7. Release. Notwithstanding anything contained herein to the contrary, the Company shall not be obligated to make any payment or
provide any benefit under Section 4 hereof unless: (a) Executive or Executive’s legal representative first executes within 50 calendar days after the Date of Termination a release of claims agreement in the form attached hereto as
Exhibit A, with such changes as the Company, after consulting with Executive or Executive’s legal representative, may determine to be required or reasonably advisable in order to make the release enforceable and otherwise compliant with
applicable law (the “Release”), (b) Executive does not revoke the Release, and (c) the Release becomes effective and irrevocable in accordance with its terms. 

8. Representations. Executive hereby represents and warrants to the Company that Executive is not party to any contract, understanding,
agreement or policy, whether or not written, with his current employer (or any other previous employer) or otherwise, that would be breached by Executive’s entering into, or performing services under, this Arrangement. Executive further
represents that he has disclosed to the Company in writing all material threatened, pending, or actual claims against Executive that are unresolved and still outstanding as of the Effective Date, in each case of which he is aware, resulting or
arising from his service with his current employer (or any other previous employer) or his membership on any boards of directors. 
 9.
Work Product. Executive agrees that all inventions, drawings, improvements, developments, methods, processes, programs, designs and all similar or related information which relates to the Company’s or any of its affiliates’ actual or
anticipated business or research and development or existing or future products or services and which are conceived, developed, contributed to or made by Executive (either solely or jointly with others) while employed by or serving as a consultant
to the Company or any of its affiliates (“Work Product”) shall be the sole and exclusive property of the Company or any such affiliate. Executive will promptly disclose such Work Product to the Company and perform all actions
requested by the Company (whether during or after employment) to establish and confirm such ownership (including, without limitation, assignments, consents, powers of attorney and other instruments).  

10. Confidential Information.  

(a) “Confidential Information” means information disclosed to Executive or known by Executive as a result of employment by the
Company, not generally known to the trade or industry in which the Company or its affiliates are engaged (except where such information is made known as a result of Executive’s breach of this Arrangement), about products, processes,
technologies, machines, customers, clients, employees, services and strategies of the Company and its affiliates, including, but not limited to, inventions, research, development, manufacturing, purchasing, financing, computer software, computer
hardware, automated systems, engineering, marketing, merchandising, selling, sales volumes or strategies, number or location of sales representatives, names or significance of the Company’s customers or clients or their employees or
representatives, preferences, needs or requirements, purchasing histories, or other customer or client-specific information. Such Confidential Information is and shall continue to be the property of the Company. 

  
 6 

 (b) Executive understands and agrees that the Company has expended, and will continue to expend
time, money, and effort to develop and maintain its Confidential Information, which, if misused or disclosed, could be harmful to the Company’s business and could cause the Company to lose its competitive edge in the marketplace. As a condition
of entering into this Arrangement, Executive will receive access to the Company’s Confidential Information and recognizes and agrees that Confidential Information is of great value to the Company, that the Company has legitimate business
interests in protecting its Confidential Information, and that the disclosure to anyone not authorized to receive such information will cause immediate and irreparable injury to the Company. Unless Executive first secures the Company’s written
consent, Executive will not divulge, disclose, use, copy, disseminate, lecture upon or publish Confidential Information. Executive understands and agrees that the obligations not to divulge, disclose, use, copy, disseminate, lecture upon or publish
Confidential Information shall continue after termination of employment for any reason. Further, Executive will use his best efforts and diligence to safeguard and to protect the Confidential Information against disclosure, misuse, espionage, loss
or theft. Finally, Executive agrees that the Company is agreeing to give him access to Confidential Information based upon Executive’s assurances and promises contained in Sections 9, 10 and 11 hereof. 

(c) Executive agrees that upon the Date of Termination, or at any other time that the Company may request, for whatever reason, Executive shall
deliver (and in the event of Executive’s death or Disability, his representative shall deliver) to the Company all computer equipment or backup files of or relating to the Company or its affiliates, all memoranda, correspondence, customer data,
notes, plans, records, reports, manuals, photographs, computer tapes and software and other documents and data (and all copies thereof) relating to Confidential Information, Work Product, or the business of the Company or its affiliates which
Executive has in his possession, custody or control. If the Company requests, Executive (or his representative) agrees to provide written confirmation that Executive has returned all such materials. 

(d) Executive agrees that upon the Date of Termination, or at any other time that the Company may request, for whatever reason, Executive shall
assign all rights, title and interest in Confidential Information, Work Product, all computer equipment or backup files of or relating to the Company or its affiliates, all memoranda, correspondence, customer data, notes, plans, records, reports,
manuals, photographs, computer tapes and software and other documents and data (and all copies thereof) relating to Confidential Information, Work Product, or the business of the Company or its affiliates which Executive has in his possession,
custody or control. 
 11. Non-Compete, Non-Solicitation.  

(a) Executive agrees that during his employment with the Company and thereafter during the Protection Period (as defined in Section 11(f)
below), Executive will not directly or indirectly (by himself or in association with any individual or entity) own, operate, manage, control, be employed by, participate in, consult with, advise, provide services for, or in any

  
 7 

 
manner engage in any business which competes in any way with the business of the Company and its affiliates, which the parties acknowledge includes the provision of power generation equipment and
modification and maintenance services for customers in the domestic and international energy, power infrastructure or service industries, or in any other business activity that the Company or its affiliates is conducting, or has active plans to
conduct, as of the Date of Termination. This restriction shall apply to any geographic area in which the Company, or any affiliate for which Executive had any responsibilities during the term of his employment, engaged in business, or had active
plans to engage in business, during the term of Executive’s employment. The restrictions contained herein shall not prohibit Executive from being a passive owner of not more than 5% of the outstanding stock of a corporation which is publicly
traded, so long as Executive has no active participation in the business of such corporation. 
 (b) Executive agrees that during his
employment with the Company and thereafter during the Protection Period, Executive will not directly or indirectly: (i) solicit or induce, or attempt to solicit or induce, any employee, consultant or independent contractor of the Company or of
any affiliate to terminate his or her employment or relationship with the Company or affiliate; (ii) hire any person who Executive knows was an employee, consultant or independent contractor of the Company or of any affiliate during the last 6
months of Executive’s employment by the Company; or (iii) induce or attempt to induce any customer, supplier, distributor, franchisee, licensee, or other individual or entity that has any business relationship with the Company or any of
its affiliate to cease doing business with the Company or any of its affiliates, or in any way interfere with the relationship between any such customer, supplier, distributor, franchisee, licensee, or any other individual or entity and the Company
or any of its affiliates. 
 (c) To enable the Company to monitor Executive’s compliance with the obligations imposed by this
Arrangement, Executive agrees to inform the Company, upon the Date of Termination, of the identity of any new employer and of Executive’s new job title. Executive will continue to so inform the Company, in writing, any time Executive changes
employment during the Protection Period. 
 (d) In the event that any of these provisions are deemed invalid or unenforceable under
applicable law, that shall not affect the validity or enforceability of the remaining provisions. To the extent any provision is unenforceable because it is overbroad, that provision shall be limited to the extent required by applicable law and
enforced as so limited. 
 (e) Executive has carefully considered the nature and extent of the restrictions upon him and the rights and
remedies conferred upon the Company under this Section 11, and hereby acknowledges and agrees that the same are reasonable in time and territory, are designed to eliminate competition that otherwise would be unfair to the Company, do not stifle
the inherent skill and experience of Executive, would not operate as a bar to Executive’s sole means of support, are fully required to protect the legitimate interests of the Company, and do not confer a benefit upon the Company
disproportionate to the detriment to Executive. 

  
 8 

 (f) For purposes of this Section 11, the term “Protection Period” shall
mean the period commencing on the Date of Termination and ending on the first anniversary thereof, provided, however, that such period shall be extended by any length of time during which Executive is in breach of the covenants contained in this
Section 11. 
 12. Remedies. 

(a) Executive recognizes and affirms that the provisions of Sections 9, 10 and 11 hereof will be enforceable against him, regardless of whether
or not he incurs a Qualified Termination or is entitled to receive any payments or benefits set forth in Section 4. Nevertheless, Executive agrees that his participation in this Arrangement (even if he never becomes entitled to any payments or
benefits set forth in Section 4 hereunder), as well as Executive’s continued employment by the Company and its affiliates and the provision of Confidential Information, each in and of itself and without the other constitutes good and
adequate consideration for the agreements Executive makes under this Arrangement. 
 (b) Executive recognizes and affirms that in the event
of his breach of any provision of Sections 9, 10 or 11 hereof, money damages would be inadequate and the Company would have no adequate remedy at law. Accordingly, Executive agrees that in the event of a breach or a threatened breach by Executive of
any of the provisions of Sections 9, 10 or 11, the Company, in addition and supplementary to other rights and remedies existing in its favor, may (a) apply to any court of law or equity of competent jurisdiction for specific performance and/or
injunctive or other relief in order to enforce or prevent any violations of the provisions hereof (without posting a bond or other security), and (b) exercise its rights hereunder to cease any further payments and/or vesting of equity awards.
Executive understands and acknowledges that the Company can bar him from disclosing or using Confidential Information, bar him from accepting or continuing prohibited employment or rendering prohibited services, or bar him from soliciting certain
individuals and entities for the periods specified in Sections 9, 10 and 11 above. In the event that the Company institutes legal action to enforce Sections 9, 10 or 11 of this Arrangement, Executive agrees that the Company shall be entitled to
recover from him its costs of any action (including reasonable attorneys’ and expert fees and expenses). Nothing in this Section 12 will be deemed to limit the Company’s remedies at law or in equity for any breach by Executive of any
of the provisions of Sections 9, 10 or 11 that may be pursued or availed of by the Company. 
 13. Cooperation in Investigations and
Proceedings. During his employment with the Company and for a period of 5 years thereafter, Executive shall cooperate with the Company and its affiliates, upon the Company’s reasonable request, with respect to any internal investigation or
administrative, regulatory or judicial proceeding involving matters within the scope of Executive’s duties and responsibilities to the Company during his employment with the Company (including, without limitation, Executive being available to
the Company upon reasonable notice for interviews and factual investigations, appearing at the Company’s reasonable request to give testimony without requiring service of a subpoena or other legal process, and turning over to the Company all
relevant Company documents which are or may have come into Executive’s possession during his employment). Executive shall be reimbursed for the reasonable expenses Executive incurs in connection with any such cooperation and/or assistance and
shall receive from the Company reasonable per diem compensation (to be mutually agreed to by Executive and the Company) in each case in connection with any assistance or cooperation that occurs after the Date of Termination. Any such
reimbursements 

  
 9 

 
or per diem compensation shall be paid to Executive no later than the 15th day of the month immediately following the month in which such expenses were incurred or such
cooperation and/or assistance was provided (subject to Executive’s timely submission to the Company of proper documentation with respect thereto).  

14. Survival. Subject to any limits on applicability contained therein, Sections 2(f), 3, 4, 5, 6, 7, 9, 10, 11, 12, 13, 14, 15, 16,
17, 18, 19, 21, 22, 24 and 25 shall survive and continue in full force in accordance with their terms notwithstanding any termination of this Arrangement. 

15. Notices. Any notice provided for in this Arrangement shall be in writing and shall be either personally delivered, sent by
reputable overnight carrier or mailed by first class mail, return receipt requested, to the recipient. Notices to Executive shall be sent to the address of Executive most recently provided to the Company. Notices to the Company should be sent to
Global Power Equipment Group Inc., 400 E. Las Colinas Boulevard, Suite No. 400 Irving, TX 75039, Attention: General Counsel. Any notice under this Arrangement will be deemed to have been given when so delivered, sent or mailed. 

16. Severability. Whenever possible, each provision of this Arrangement shall be interpreted in such manner as to be effective and
valid under applicable law, but if any provision of this Arrangement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not
affect any other provision or any other jurisdiction, but this Arrangement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

17. Source of Payment. Any payments to Executive under this Arrangement shall be paid from the Company’s general assets. 

18. Complete Arrangement. This Arrangement embodies the complete agreement and understanding between the parties with respect to the
subject matter hereof and effective as of its date supersedes and preempts any prior understandings, agreements or representations by or between the parties, written or oral, which may have related to the subject matter hereof in any way. 

19. Withholding of Taxes. The Company and its affiliates may withhold from any amounts payable under this Arrangement all federal,
state, city or other taxes as the Company and its affiliates are required to withhold pursuant to any law or government regulation or ruling. 

20. Counterparts. This Arrangement may be executed in separate counterparts, each of which shall be deemed to be an original and both
of which taken together shall constitute one and the same agreement. 
 21. Successors and Assigns. 

(a) This Arrangement is personal to Executive, and, without the prior written consent of the Company, shall not be assignable by Executive
other than by will or the laws of descent and distribution. This Arrangement shall inure to the benefit of and be enforceable by Executive’s legal representatives. 

  
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 (b) This Arrangement shall inure to the benefit of and be binding upon the Company and its
successors and assigns. Except as provided in Section 21(c), this Arrangement shall not be assignable by the Company without the prior written consent of Executive, except to an affiliate. 

(c) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Arrangement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken
place. “Company” means the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid that assumes and agrees to perform this Arrangement by operation of law or otherwise. 

22. Choice of Law. This Arrangement shall be governed, construed, interpreted and enforced in accordance with the substantive laws of
the State of Texas, without regard to conflicts of law principles. The parties agree that any conflict of law rule that might require reference to the laws of some jurisdiction other than Texas shall be disregarded. Each party (i) agrees that
any action arising out of or relating to this Arrangement shall be brought exclusively in the state courts located in Dallas County, Texas and the United States District Court for the Northern District of Texas (Dallas Division), (ii) accepts
for itself and in respect of its property, generally and unconditionally, the jurisdiction of those courts, and (iii) irrevocably waives any objection, including, without limitation, any objection to the laying of venue or based on the grounds
of forum non conveniens, which it may now or hereafter have to the bringing of any action in those jurisdictions. 
 23. Voluntary
Arrangement. Executive and the Company represent and agree that each has reviewed all aspects of this Arrangement, has carefully read and fully understands all provisions of this Arrangement, and is voluntarily entering into this Arrangement.
Each party represents and agrees that such party has had the opportunity to review any and all aspects of this Arrangement with legal, tax or other adviser(s) of such party’s choice before executing this Arrangement. 

24. Amendment and Waiver. The provisions of this Arrangement may be amended or waived only with the prior written consent of the
Company and Executive, and no course of conduct or failure or delay in enforcing the provisions of this Arrangement shall affect the validity, binding effect or enforceability of this Arrangement. 

25. Section 409A Compliance. 

(a) In General. Section 409A of the Code (“Section 409A”) imposes payment restrictions on “nonqualified
deferred compensation” (i.e., potentially including payments owed to Executive upon termination of employment). Failure to comply with these restrictions could result in negative tax consequences to Executive, including immediate
taxation, interest and a 20% additional income tax. It is the Company’s intent that this Arrangement be exempt from 

  
 11 

 
the application of, or otherwise comply with, the requirements of Section 409A. Specifically, any taxable benefits or payments provided under this Arrangement are intended to be separate
payments that qualify for the “short-term deferral” exception to Section 409A to the maximum extent possible, and to the extent they do not so qualify, are intended to qualify for the involuntary separation pay exceptions to
Section 409A, to the maximum extent possible. If neither of these exceptions applies, and if Executive is a “specified employee” within the meaning of Section 409A, then notwithstanding any provision in this Arrangement to the
contrary and to the extent required to comply with Section 409A, all amounts that would otherwise be paid or provided during the first six months following the Date of Termination shall instead be accumulated through and paid or provided
(without interest) on the first business day following the six-month anniversary of the Date of Termination. 
 (b) Separation from
Service. A termination of employment shall not be deemed to have occurred for purposes of any provision of this Arrangement providing for the payment of any amounts or benefits subject to Section 409A upon or following a termination of
employment unless such termination is also a “separation from service” within the meaning of Section 409A and Executive is no longer providing services (at a level that would preclude the occurrence of a “separation from
service” within the meaning of Section 409A) to the Company or its affiliates as an employee or consultant, and for purposes of any such provision of this Arrangement, references to a “termination,” “termination of
employment” or like terms shall mean “separation from service” within the meaning of Section 409A. 
 (c)
Reimbursements. With regard to any provision herein that provides for reimbursement of costs and expenses or in-kind benefits, except as permitted by Section 409A: (i) the right to reimbursement or in-kind benefits shall not be
subject to liquidation or exchange for another benefit, (ii) the amount of expenses eligible for reimbursement, or in-kind benefits, provided during any taxable year shall not affect the expenses eligible for reimbursement, or in-kind benefits
to be provided, in any other taxable year, and (iii) such payments shall be made on or before the last business day of Executive’s taxable year following the taxable year in which the expense occurred, or such earlier date as required
hereunder. 
 IN WITNESS WHEREOF, the parties have caused this Arrangement to be executed as of the date first written above. 

 

					
	GLOBAL POWER EQUIPMENT GROUP INC.	 		 	EXECUTIVE
			
	/s/ Melanie Barth	 		 	/s/ Raymond K. Guba
	By: Melanie Barth	 		 	Raymond K. Guba
	Its: Chief Human Resources Officer	 		 	

  
 12 

 EXHIBIT A 

GENERAL RELEASE 
 This
General Release (this “Release”) is made and entered into as of this [•] day of [•], 20[•], by and between Global Power Equipment Group Inc. (the “Company”) and Randy Guba
(“Executive”). 
 1. Employment Status. Executive’s employment with the Company and its affiliates terminated
effective as of [•], 20[•] (the “Separation Date”). 
 2. Payments and Benefits. Upon the effectiveness of
the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 4(a) of the Severance Arrangement between Executive and the Company dated as of November [•], 2013 (the “Severance
Arrangement”), upon the terms, and subject to the conditions, of the Severance Arrangement. 
 3. No Liability. This Release
does not constitute an admission by the Company or its affiliates or their respective officers, directors, partners, agents, or employees, or by Executive, of any unlawful acts or of any violation of federal, state or local laws. 

4. Release. In consideration of the payments and benefits set forth in Section 2 of this Release, Executive for himself, his
heirs, administrators, representatives, executors, successors and assigns (collectively, “Releasors”) does hereby irrevocably and unconditionally release, acquit and forever discharge the Company, its respective affiliates and their
respective successors and assigns (the “Company Group”) and each of its officers, directors, partners, agents, and former and current employees, including without limitation all persons acting by, through, under or in concert with
any of them (collectively, “Releasees”), and each of them, from any and all claims, demands, actions, causes of action, costs, attorney fees, and all liability whatsoever, whether known or unknown, fixed or contingent, which
Executive has, had, or may ever have against the Releasees relating to or arising out of Executive’s employment or separation from employment with the Company Group, from the beginning of time and up to and including the date Executive executes
this Release. This Release includes, without limitation, (a) law or equity claims; (b) contract (express or implied) or tort claims; (c) claims for wrongful discharge, retaliatory discharge, whistle blowing, libel, slander,
defamation, unpaid compensation, intentional infliction of emotional distress, fraud, public policy contract or tort, and implied covenant of good faith and fair dealing; (d) claims under or associated with any of the Company Group’s
incentive compensation plans or arrangements; (e) claims arising under any federal, state, or local laws of any jurisdiction that prohibit age, sex, race, national origin, color, disability, religion, veteran, military status, sexual
orientation, or any other form of discrimination, harassment, or retaliation (including without limitation under the Age Discrimination in Employment Act of 1967 as amended by the Older Workers Benefit Protection Act (“ADEA”), Title
VII of the Civil Rights Act of 1964 as amended by the Civil Rights Act of 1991, the Equal Pay Act of 1963, and the Americans with Disabilities Act of 1990, the Rehabilitation Act, the Family and Medical Leave Act, the Sarbanes-Oxley Act, the
Employee Polygraph Protection Act, the Uniformed Services Employment and Reemployment Rights Act of 1994, the Genetic Information Nondiscrimination Act of 2008 (“GINA”), the Fair Labor Standards Act (“FLSA”), the
Lilly Ledbetter Fair Pay Act or any other foreign, federal, state or 

  
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local law or judicial decision); (f) claims arising under the Employee Retirement Income Security Act; and (g) any other statutory or common law claims related to Executive’s
employment with the Company Group or the separation of Executive’s employment with the Company Group; provided, however, that nothing herein shall release the Company Group from (i) any obligation under the Severance Arrangement;
(ii) any obligation to provide benefit entitlements under any Company benefit or welfare plan that were vested as of the Separation Date; and (iii) from any rights or claims that relate to events or circumstances that occur after the date
that the Executive executes this Release. 
 Without limiting the foregoing paragraph, Executive represents that Executive understands that
this Release specifically releases and waives any claims of age discrimination, known or unknown, that Executive may have against the Company as of the date Executive signs this Release. This Release specifically includes a waiver of rights and
claims under the Age Discrimination in Employment Act of 1967, as amended, and the Older Workers Benefit Protection Act. Executive acknowledges that as of the date Executive signs this Release, Executive may have certain rights or claims under the
Age Discrimination in Employment Act, 29 U.S.C. §626 and Executive voluntarily relinquishes any such rights or claims by signing this Release. 

In addition, nothing in this Release is intended to interfere with Executive’s right to file a charge with the Equal Employment
Opportunity Commission or any state or local human rights commission in connection with any claim Executive believes he may have against the Releasees. However, by executing this Release, Executive hereby waives the right to recover remuneration,
damages, compensation or relief of any type in any proceeding that Executive may bring before the Equal Employment Opportunity Commission or any state human rights commission or in any proceeding brought by the Equal Employment Opportunity
Commission or any state human rights commission on Executive’s behalf. 
 5. Bar. Executive acknowledges and agrees that if he
should hereafter make any claim or demand or commence or threaten to commence any action, claim or proceeding against the Releasees with respect to any cause, matter or thing which is the subject of Section 4 of this Release, this Release may
be raised as a complete bar to any such action, claim or proceeding, and the applicable Releasee may recover from Executive all costs incurred in connection with such action, claim or proceeding, including attorneys’ fees, along with the
benefits set forth in Section 2 of this Release. 
 6. Governing Law. This Release shall be governed, construed, interpreted and
enforced in accordance with the substantive laws of the State of Texas, without regard to conflicts of law principles. The parties agree that any conflict of law rule that might require reference to the laws of some jurisdiction other than Texas
shall be disregarded. Each party (i) agrees that any action arising out of or relating to this Release shall be brought exclusively in the state courts located in Dallas County, Texas and the United States District Court for the Northern
District of Texas (Dallas Division), (ii) accepts for itself and in respect of its property, generally and unconditionally, the jurisdiction of those courts, and (iii) irrevocably waives any objection, including, without limitation, any
objection to the laying of venue or based on the grounds of forum non conveniens, which it may now or hereafter have to the bringing of any action in those jurisdictions. 

  
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 7. Acknowledgment. Executive has read this Release, understands it, and voluntarily
accepts its terms, and Executive acknowledges that he has been advised by the Company to seek the advice of legal counsel (at Executive’s cost) before entering into this Release. Executive acknowledges that he was given a period of 21 calendar
days within which to consider and execute this Release, and to the extent that he executes this Release before the expiration of the 21-day period, he does so knowingly and voluntarily and only after consulting his attorney. Executive acknowledges
and agrees that the promises made by the Company Group hereunder represent substantial value over and above that to which Executive would otherwise be entitled. Executive acknowledges and reconfirms the promises in Sections 9, 10, 11, 12 and 13 of
the Severance Arrangement. 
 8. Revocation. Executive has a period of 7 calendar days following the execution of this Release during
which Executive may revoke this Release by delivering written notice to the Company pursuant to Section 15 of the Severance Arrangement by hand or overnight courier before 5:00 p.m. on the seventh day after signing this Release. This Release
will not become effective or enforceable until such revocation period has expired. Executive understands that if he revokes this Release, it will be null and void in its entirety, and he will not be entitled to any payments or benefits provided in
this Release, including without limitation under Section 2 of this Release. 
 9. Miscellaneous. This Release is the complete
understanding between Executive and the Company Group in respect of the subject matter of this Release and supersedes all prior agreements relating to Executive’s employment with the Company Group, except as specifically excluded by this
Release. Executive has not relied upon any representations, promises or agreements of any kind except those set forth herein in signing this Release. In the event that any provision of this Release should be held to be invalid or unenforceable, each
and all of the other provisions of this Release shall remain in full force and effect. If any provision of this Release is found to be invalid or unenforceable, such provision shall be modified as necessary to permit this Release to be upheld and
enforced to the maximum extent permitted by law. Executive agrees to execute such other documents and take such further actions as reasonably may be required by the Company Group to carry out the provisions of this Release. 

10. Counterparts. This Release may be executed by the parties hereto in counterparts, which taken together shall be deemed one
original. 
  

					
	GLOBAL POWER EQUIPMENT GROUP INC.	 		 	EXECUTIVE
			
		 		 	[Form of Release – Do Not Sign]
			
	 	 		 	 
	By:	 		 	Raymond K. Guba
	Its:	 		 	

  
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