Document:

EX-10.2

 Exhibit 10.2 

Exhibit 1 
 HCA Holdings,
Inc. 
 Restricted Share Unit Agreement 

This RESTRICTED SHARE UNIT AGREEMENT (this “Agreement”) is made and entered into as of the     day of
            , 2014 (the “Grant Date”), between HCA Holdings, Inc., a Delaware corporation (the “Company”), and [officer], (the “Grantee”).
Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Company’s 2006 Stock Incentive Plan for Key Employees of HCA Holdings, Inc. and its Affiliates, as Amended and Restated (the “Plan”).

 WHEREAS, the Company has adopted the Plan, which permits the issuance of Restricted Share Units; and 

WHEREAS, in the Compensation Committee of Board of Directors of the Company or a subcommittee thereof (or if no such committee is appointed,
the Board of Directors of the Company) (each, the “Committee”) has administered the 2014 Senior Officer Performance Excellence Program (the “2014 PEP”) and determined that Grantee is entitled to an award thereunder, a portion of
which is payable as a restricted share unit award under the Plan; 
 NOW, THEREFORE, the parties hereto agree as follows: 

RESTRICTED SHARE UNIT GRANT 
  

			
	Grantee:	  	[Participant Name]
		  	[Participant Address]
		
	Aggregate number of Restricted Share Units	  	
	Granted hereunder:	  	[Award]
		
	Grant Date:	  	[Grant Date]

  

	 	1.	Grant of Restricted Share Unit Award. 

 1.1 The Company hereby grants to the Grantee the
award (“Award”) of Restricted Share Units (“RSUs”) set forth above on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan. A bookkeeping account will be maintained by the Company to keep
track of the RSUs and any dividend equivalent units that may accrue as provided Section 3. 

  
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 1.2 This Agreement shall be construed in accordance and consistent with, and subject to, the
terms of the Plan; and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same meanings as are set forth in the Plan. 

1.3 The Grantee’s rights with respect to the Award shall remain forfeitable at all times prior to the dates on which the RSUs shall vest
in accordance with Section 2 hereof. This Award may not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by Grantee other than by will or the laws of descent and distribution. 

 

	 	2.	Vesting and Payment. 

 2.1 General. Except as provided in Section 2.2
and Section 2.3, the Award shall vest on the second anniversary of the date hereof with respect to one-half (1/2) of the RSUs, and shall vest with respect to the remaining RSUs on the third anniversary of the Grant Date (each, a
“Vesting Date”). 
 2.2 Early Vesting. Notwithstanding Section 2.1 above, but subject to
Section 2.3, all RSUs covered by the Award shall immediately vest upon the occurrence of a Change in Control (the definition of which is set forth on Schedule A attached hereto), or upon the Grantee’s death or Disability. For
purposes of this Agreement, “Disability” shall have the same meaning as such term is defined under Section 409A of the Code. 

2.3 Termination of Employment. Except as provided in Section 2.2 or as otherwise provided by the Committee, if the
Grantee’s service as an employee of the Company terminates for any reason, the Grantee shall forfeit all rights with respect to all RSUs that are not vested on such date; provided, that in the event of the Grantee’s Retirement, the Grantee
shall become vested in any RSUs that were, immediately prior to such Retirement, unvested, and such newly vested RSUs shall continue to be payable on each applicable Vesting Date that occurs following the date of such Retirement as provided in
Section 2.1 or, if earlier, upon the occurrence of an event described in Section 2.2. For purposes of this Agreement, “Retirement” means Grantee’s resignation from service with the Company (and its
subsidiaries, if applicable) (i) after attaining 65 years of age or (ii) after attaining 55 years of age and completing ten years of service with the Company or any of its subsidiaries. 

2.4 Settlement. The Grantee shall be entitled to settlement of the RSUs covered by this Agreement at the time that such RSUs vest
pursuant to Section 2.1, Section 2.2 or Section 2.3, as applicable (any such date, the “Settlement Date”). Such settlement shall be made as promptly as practicable thereafter (but in no event after the
thirtieth day following the Settlement Date), through the issuance to the Grantee (or to the executors or administrators of Grantee’s estate in the event of the Grantee’s death) of a stock certificate (or evidence such Shares have been
registered in the name of the Grantee with the 

  
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relevant stock agent) for a number of Shares equal to the number of such vested RSUs and Dividend Equivalent Units that may have accrued pursuant to Section 3 hereof; provided, that
any cash-based dividend equivalent rights granted pursuant to Section 3 hereof and any fractional Dividend Equivalent Units shall be paid in cash when (and only if) the RSUs to which they relate are settled. 

2.5 Withholding Obligations. Except as otherwise provided by the Committee, upon the settlement of any RSUs subject to this Award, the
Company shall reduce the number of Shares that would otherwise be issued to the Grantee upon settlement of the Award (or portion thereof) by a number of Shares having an aggregate Fair Market Value, on the date of such issuance, equal to the payment
to satisfy the minimum withholding tax obligation of the Company with respect to which the Award or portion thereof is being settled. 
  

	 	3.	Dividend Rights. 

 The Grantee shall receive dividend equivalent rights in respect of the
RSUs covered by this Award at the time of any payment of dividends to stockholders on Shares. At the Company’s option, the RSUs will be credited with either (a) additional Restricted Share Units (the “Dividend Equivalent Units”)
(including fractional units) for cash dividends paid on shares of the Company’s Common Stock by (i) multiplying the cash dividend paid per Share by the number of RSUs (and previously credited Dividend Equivalent Units) outstanding and
unpaid, and (ii) dividing the product determined above by the Fair Market Value of a Share, in each case, on the date the dividend record date, or (b) a cash amount equal to the amount that would be payable to the Grantee as a stockholder
in respect of a number of Shares equal to the number of RSUs (and previously credited Dividend Equivalent Units) outstanding and unpaid as of the dividend record date. The RSUs will be credited with Dividend Equivalent Units for stock dividends paid
on shares of the Company’s Common Stock by multiplying the stock dividend paid per Share by the number of RSUs (and previously credited Dividend Equivalent Units) outstanding and unpaid on the dividend record date. Each Dividend Equivalent Unit
shall have a value equal to one Share. Each Dividend Equivalent Unit or cash dividend equivalent right will vest and be settled or payable at the same time as the RSU to which the dividend equivalent right relates. For the avoidance of doubt, no
dividend equivalent rights shall accrue under this Section 3 in the event that any dividend equivalent rights or other applicable adjustments pursuant to Section 5 hereof provide similar benefits. 

 

	 	4.	No Right to Continued Service. 

 Nothing in this Agreement or the Plan shall be
interpreted or construed to confer upon the Grantee any right to continue service an officer or employee of the Company. 

  
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	 	5.	Adjustments. 

 The provisions of Section 8 and Section 9 of the Plan are hereby
incorporated by reference, and the RSUs (and any Dividend Equivalent Units) are subject to such provisions. Any determination made by the Committee or the Board pursuant to such provisions shall be made in accordance with the provisions of the Plan
and shall be final and binding for all purposes of the Plan and this Agreement. 
  

	 	6.	Administration Subject to Plan. 

 The Grantee hereby acknowledges receipt of a copy of
the Plan and agrees to be bound by all the terms and provisions thereof. The terms of this Agreement are governed by the terms of the Plan, and in the case of any inconsistency between the terms of this Agreement and the terms of the Plan, the terms
of the Plan shall govern. The Committee shall have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke
any such rules. All actions taken and all interpretations and determinations made by the Committee shall be final and binding upon the Grantee, the Company and all other interested persons. No member of the Committee shall be personally liable for
any action, determination or interpretation made in good faith with respect to the Plan or this Award. 
  

	 	7.	Modification of Agreement. 

 Subject to the restrictions contained in Sections 6 and 10
of the Plan, the Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, the Award, prospectively or retroactively; provided that any such waiver, amendment, alteration,
suspension, discontinuance, cancellation or termination that would adversely affect the rights of the Grantee or any holder or beneficiary of the Award in more than a de minimis way shall not to that extent be effective without the consent of
the Grantee, holder or beneficiary affected. 
  

	 	8.	Section 409A. 

 Notwithstanding anything herein to the contrary, to the maximum
extent permitted by applicable law, the settlement of the RSUs (including any dividend equivalent rights related thereto) to be made to the Grantee pursuant to this Agreement is intended to qualify as a “short-term deferral” pursuant to
Section 1.409A-1(b)(4) of the Regulations and this Agreement shall be interpreted consistently therewith. However, under certain circumstances, settlement of the RSUs or any dividend equivalent rights may not so qualify, and in that case, the
Committee shall administer the grant and settlement of such RSUs and any dividend equivalent rights in strict compliance with Section 409A of the Code. 

  
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Further, notwithstanding anything herein to the contrary, if at the time of a Participant’s termination of employment with the Company and all Service Recipients, the Participant is a
“specified employee” as defined in Section 409A of the Code, and the deferral of the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of service is necessary in order to prevent the
imposition of any accelerated or additional tax under Section 409A of the Code, then the Company will defer the commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits
ultimately paid or provided to the Participant) to the minimum extent necessary to satisfy Section 409A of the Code until the date that is six months and one day following the Participant’s termination of employment with the Company (or
the earliest date as is permitted under Section 409A of the Code), if such payment or benefit is payable upon a termination of employment. Each payment of RSUs (and related dividend equivalent units) constitutes a “separate payment”
for purposes of Section 409A of the Code. 
  

	 	9.	Severability. 

 If any provision of this Agreement is, or becomes, or is deemed to be
invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the
applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person or Award, and
the remainder of the Plan and Award shall remain in full force and effect. 
  

	 	10.	Governing Law. 

 The validity, interpretation, construction and performance of this
Agreement shall be governed by the laws of the State of Tennessee without giving effect to the conflicts of law principles thereof, except to the extent that such laws are preempted by Federal law. 

 

	 	11.	Successors in Interest. 

 This Agreement shall inure to the benefit of and be binding
upon any successor to the Company. This Agreement shall inure to the benefit of the Grantee’s legal representatives. All obligations imposed upon the Grantee and all rights granted to the Company under this Agreement shall be binding upon the
Grantee’s heirs, executors, administrators and successors. 
  

	 	12.	Resolution of Disputes. 

 Any dispute or disagreement which may arise under, or as a
result of, or in any way related to, the interpretation, construction or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding and conclusive on the Grantee and the Company for
all purposes. 

  
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	 	13.	Notices. 

 Any notice to be given under the terms of this Agreement to the Company shall
be addressed to the Company in care of its Secretary or its designee, and any notice to be given to the Grantee shall be addressed to him at the address (including an electronic address) then reflected in the Company’s books and records. By a
notice given pursuant to this Section 13, either party may hereafter designate a different address for notices to be given to him. Any notice, which is required to be given to the Grantee, shall, if the Grantee is then deceased, be given
to the Grantee’s personal representative if such representative has previously informed the Company of his status and address by written notice under this Section 13. Any notice shall have been deemed duly given when
(i) delivered in person, (ii) delivered in an electronic form approved by the Company, (iii) enclosed in a properly sealed envelope or wrapper addressed as aforesaid, deposited (with postage prepaid) in a post office or branch post
office regularly maintained by the United States Postal Service, or (iv) enclosed in a properly sealed envelope or wrapper addressed as aforesaid, deposited (with fees prepaid) in an office regularly maintained by FedEx, UPS, or comparable
non-public mail carrier. 
 IN WITNESS WHEREOF, the parties have caused this Restricted Share Unit Agreement to be duly executed effective
as of the day and year first above written. 
  

			
	HCA Holdings, Inc.
		
	 By:
	 	  

	
	 Grantee:

	
	 (electronically accepted)

  
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 Schedule A 

Definition of Change in Control 

For purposes of this Agreement, the term “Change in Control” shall mean, in lieu of any definition contained in the Plan: 

(i) the sale or disposition, in one or a series of related transactions, of all or substantially all of the assets of the Company to any
Person or Group other than, as of the date of determination, (A) any and all of an employee benefit plan (or trust forming a part thereof) maintained by (1) the Company or (2) any corporation or other Person of which a majority of its
voting power of its voting equity securities or equity interest is owned, directly or indirectly, by the Company; (B) Hercules Holding II, LLC, a Delaware limited liability company (or any successor) (“Hercules Holding II”), but only
for so long as Hercules Holding II continues to hold at least 30% of the voting power of the Company’s voting equity securities, or (C) any Equity Sponsor (as defined in the Company’s Amended and Restated Certificate of Incorporation
dated as of March 8, 2011), but only for so long as the Equity Sponsors, in the aggregate, continue to hold at least 30% of the voting power of the Company’s voting equity securities (any of the foregoing, “Permitted Holders”);
or 
 (ii) any Person or Group, other than the Permitted Holders, becomes the Beneficial Owner (as such term is defined in Rule 13d-3 under
the Exchange Act (or any successor rule thereto) (except that a Person shall be deemed to have “beneficial ownership” of all shares that any such Person has the right to acquire, whether such right is exercisable immediately or only after
the passage of time), directly or indirectly, of more than 50% of the total voting power of the voting stock of the Company (or any entity which controls the Company), including by way of merger, consolidation, tender or exchange offer or otherwise;
or 
 (iii) a reorganization, recapitalization, merger or consolidation (a “Corporate Transaction”) involving the Company, unless
securities representing more than 50% of the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors of the Company or the corporation resulting from such Corporate Transaction (or the
parent of such corporation) are Beneficially Owned subsequent to such transaction by the Person or Persons who were the Beneficial Owners of the outstanding voting securities entitled to vote generally in the election of directors of the Company
immediately prior to such Corporate Transaction, in substantially the same proportions as their ownership immediately prior to such Corporate Transaction; or 

(iv) during any period of 12 months, individuals who at the beginning of such period constituted the Board (together with any new directors
whose election by such Board or whose nomination for election by the shareholders of the Company was approved by a vote of a majority of the directors of the Company, then still in office, who were either directors at the beginning of such period or
whose election or nomination for election was previously so approved) cease for any reason to constitute a majority of the Board then in office. 

  
 7EX-10.1

 Exhibit 10.1 

SEVENTH AMENDMENT 
 TO
CREDIT AGREEMENT 
 This Seventh Amendment to Credit Agreement (this “Amendment”), with an effective date of
April 2, 2014, is entered into by and among the Lenders identified on the signature pages hereof (such Lenders, together with their respective successors and permitted assigns, are referred to hereinafter each individually as a
“Lender” and collectively as the “Lenders”), BMO Harris Bank N.A., formerly known as Harris N.A., as administrative agent for the Lenders (in such capacity, “Agent”), and Cobra Electronics
Corporation, a Delaware corporation (“Borrower”). 
 WHEREAS, Borrower, Agent, and the Lenders are parties to that certain
Credit Agreement dated as of July 16, 2010 (as amended, modified or supplemented from time to time, the “Credit Agreement”); and 

WHEREAS, Borrower has requested that Agent and the Lenders agree to amend and modify the Credit Agreement as provided herein, in each case,
subject to the terms and conditions contained herein. 
 NOW THEREFORE, in consideration of the premises and mutual agreements herein
contained, the parties hereto agree as follows: 
 1. Defined Terms. Unless otherwise defined herein, capitalized terms used herein
shall have the meanings ascribed to such terms in the Credit Agreement. 
 2. Amendments to Credit Agreement. Subject to the
satisfaction of the conditions set forth in Section 5 below and in reliance upon the representations and warranties of Borrower set forth in Section 6 below, the Credit Agreement is amended as follows: 

(a) The Section 8.6 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

Section 8.6 Inspection. 

The Borrower shall, and shall cause each other Loan Party to, permit the Administrative Agent and each of its duly authorized
representatives and agents to visit and inspect any of its Property, corporate books and financial records, to examine and make copies of its books of accounts and other financial records, and to discuss its affairs, finances and accounts with, and
to be advised as to the same by, its officers, employees and independent public accountants (and by this provision the Borrower hereby authorizes such accountants to discuss with the Administrative Agent the finances and affairs of the Loan Parties)
at such reasonable times and intervals as the Administrative Agent may designate and, so long as no Default or Event of Default exists, with reasonable prior notice to the Borrower. Each Lender shall have the right to have an agent or representative
accompany the Administrative Agent during each such visit; provided, that each Lender shall be responsible for its own costs and expenses of such agent or representative. 

 
The Administrative Agent may obtain (or direct the Borrower to obtain and provide to the Administrative Agent) updated appraisals on any fixed assets (including its equipment and/or real
property) and inventory, or portion thereof, of the Loan Parties from time to time as the Administrative Agent may designate, which appraisal reports shall in each case be prepared by an appraiser reasonably acceptable to the Administrative Agent
and be in such format and contain such detail as the Administrative Agent may reasonably request. The reasonable costs and expenses incurred in obtaining any such inspections and/or appraisals shall in each case be borne by the Borrower (whether
obtained by the Administrative Agent or the Borrower); provided that, unless a Default or Event of Default is then in existence, the Borrower shall not be obligated to incur the charges, costs and expenses of more than (a) if Inspection Excess
Availability is at least $2,500,000, one Inventory appraisal during each twelve month period and more than two complete audits and inspections during each twelve month period and (b) if Inspection Excess Availability is less than $2,500,000,
two Inventory appraisal during each twelve month period and more than three complete audits and inspections during each twelve month period. The Borrower shall, at the Administrative Agent’s reasonable request, provide, at the Borrower’s
expense, updated environmental questionnaires concerning activities and conditions affecting the real property owned, leased or operated by any Loan Party and, in the event that an environmental questionnaire indicates a material environmental
problem, as determined by the Administrative Agent, environmental reports prepared for the Administrative Agent by an environmental consultant or an environmental engineering firm reasonably acceptable to the Administrative Agent concerning any real
property owned, leased or operated by any Loan Party. 
 (b) The Section 8.22 of the Credit Agreement is hereby amended and restated in
its entirety as follows: 
 Section 8.22 Financial Covenants. 

(a) Capital Expenditures. The Borrower shall not permit aggregate Capital Expenditures expended or incurred by the
Borrower and its Subsidiaries (determined exclusive of Capital Expenditures with the Net Cash Proceeds of an Event of Loss in order to replace the Property subject to such Event of Loss) to exceed $4,000,000 for any fiscal year. If the Borrower and
its Subsidiaries do not utilize the entire amount of Capital Expenditures permitted in any fiscal year, so long as no Default or Event of Default exists or would be caused thereby, the Borrower may carry forward to the immediately succeeding fiscal
year only, 50% of such unutilized amount (with Capital Expenditures made by the Borrower and its Subsidiaries in such succeeding fiscal year applied last to such unutilized amount). 

(b) Fixed Charge Coverage Ratio. The Borrower shall not permit the Fixed Charge Coverage Ratio on the last day of each
calendar quarter, commencing with the calendar quarter ending December 31, 2014, for the twelve month period ending on the last day of such calendar quarter, to be less than 1.10 to 1.0. 

  
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 (c) Adjusted EBITDA. The Borrower shall not permit Adjusted EBITDA, for
the twelve then most recently completed calendar months, to be less than (i) for the calendar quarter ending March 31, 2014, $1,500,000, (ii) for the calendar quarter ending June 30, 2014, $4,305,000, and (iii) for the
calendar quarter ending September 30, 2014, $5,275,000. 
 (c) Annex I of the Credit Agreement is hereby amended to add the following
defined terms in appropriate alphabetical order as follows: 
 “Commencement Date” means the last day of the first
calendar quarter ending on or after June 30, 2014 for which the Fixed Charge Coverage Ratio for the twelve month period ending on the last day of such calendar quarter is greater than 1.10 to 1.0. 

“Inspection Excess Availability” means, as of any time the same is to be determined, the amount (if any) by which
(a) the lesser of (i) the Borrowing Base as then determined and computed, but without giving any effect to the Availability Block in the calculation of the Borrowing Base and (ii) the Revolving Credit Commitment as then in effect
exceeds (b) the aggregate principal amount of Revolving Loans, Swingline Loans, Agent Loans and the US Dollar Equivalent of L/C Obligations then outstanding, without duplication of any Reserves subtracted from clause (i) above, all
Reserves taken pursuant to Section 1.1 hereof and all trade payables that remain unpaid more than 60 days after the due date thereof. 

(d) The defined term “Applicable Margin” set forth in Annex I of the Credit Agreement is hereby amended and restated in its entirety
as follows: 
 “Applicable Margin” means with respect to Loans, Reimbursement Obligations and letter of credit fees
payable under Section 2.1 hereof with respect to Standby Letters of Credit and Commercial Letters of Credit, in each case until the first Pricing Date, the rates per annum shown opposite Level III below, and thereafter from one Pricing Date to
the next, the Applicable Margin means the rates per annum determined in accordance with the following schedule: 
  

																			
	 Level
	  	 Fixed Charge Coverage Ratio
	  	Applicable
Margin for Base
Rate Loans and
Reimbursement
Obligations	 	 	Applicable
Margin for
Eurodollar Loans	 	 	Applicable
Margin for letter
of credit fees
with respect to
Standby Letters
of Credit	 	 	Applicable
Margin for letter
of credit fees
with respect to
Commercial
Letters of Credit	 
	III	  	Less than 1.25 to 1.0	  	 	1.00	% 	 	 	2.50	% 	 	 	2.50	% 	 	 	1.250	% 
	II	  	Greater than or equal to 1.25 to 1.0 but less than or equal to 1.75 to 1.0	  	 	0.75	% 	 	 	2.25	% 	 	 	2.25	% 	 	 	1.125	% 
	I	  	Greater than 1.75 to 1.0	  	 	0.50	% 	 	 	2.00	% 	 	 	2.00	% 	 	 	1.000	% 

  
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 For purposes hereof, the term “Pricing Date” means, for any fiscal
quarter of the Borrower ending on or after June 30, 2014, the date on which the Administrative Agent is in receipt of the Borrower’s most recent financial statements (and, in the case of the year-end financial statements, audit report) for
the fiscal quarter then ended, pursuant to Section 8.5 hereof. The Applicable Margin shall be established based on the Fixed Charge Coverage Ratio measured as of the last day of each fiscal quarter, commencing with the fiscal quarter ending
June 30, 2014. The Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrower has not delivered its financial statements by the date such financial statements (and, in the case of the
year-end financial statements, audit report) are required to be delivered under Section 8.5 hereof, until such financial statements and audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e.
Level III pricing shall apply). If the Borrower subsequently delivers such financial statements before the next Pricing Date, the Applicable Margin established by such late delivered financial statements shall take effect from the date of
delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such financial statements shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such
financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders, subject to adjustment
for manifest error. 
 (e) The defined term “Availability Block” set forth in Annex I of the Credit Agreement is hereby amended and
restated in its entirety as follows: 
 “Availability Block” means, as of any date of determination, an amount
equal to $1,500,000; provided that, commencing on the Commencement Date, such amount shall be reduced to $1,000,000 on the Commencement Date, and then shall be further reduced by an amount equal to $250,000 on the last day of each calendar
quarter thereafter for which the Fixed Charge Coverage Ratio for the twelve month period ending on the last day of such calendar quarter is greater than 1.10 to 1.0. 

(f) Exhibit D to the Credit Agreement is hereby amended and restated in its entirety as set forth on Exhibit A hereto. 

3. Continuing Effect. Except as expressly set forth in Section 2 of this Amendment, nothing in this Amendment shall
constitute a modification or alteration of the terms, conditions or covenants of the Credit Agreement or any other Loan Document or a waiver of any other terms or provisions thereof, and the Credit Agreement and the other Loan Documents shall remain
unchanged and shall continue in full force and effect, in each case as amended hereby. 

  
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 4. Reaffirmation and Confirmation. Borrower hereby ratifies, affirms, acknowledges and
agrees that the Credit Agreement and the other Loan Documents, in each case as amended hereby, represent the valid, enforceable and collectible obligations of Borrower, and further acknowledges that there are no existing claims, defenses, personal
or otherwise, or rights of setoff whatsoever with respect to the Credit Agreement or any other Loan Document. Borrower hereby agrees that this Amendment in no way acts as a release or relinquishment of the Liens and rights securing payments of its
Obligations. The Liens and rights securing payment of its Obligations are hereby ratified and confirmed by Borrower in all respects. 
 5.
Conditions to Effectiveness. This Amendment shall become effective as of the date hereof and upon the satisfaction of the following conditions precedent: 

(a) Each party hereto shall have executed and delivered this Amendment to Agent; 

(b) Agent shall have received that certain Assignment and Acceptance entered into between Fifth Third Bank, as assignor, and First Midwest
Bank, as assignee, with respect to an assignment of a Revolving Credit Commitment in an amount equal to $14,000,000, in form and substance reasonably satisfactory to Agent, duly authorized, executed and delivered by the parties thereto (the
“Assignment Agreement”); 
 (c) First Midwest Bank shall have received that certain Revolving Note in an amount equal
$14,000,000 made by Borrower in favor of First Midwest Bank, duly authorized, executed and delivered by Borrower; 
 (d) Borrower shall have
paid to Agent, for the pro rata benefit of the Lenders (after giving effect to the Assignment Agreement), an amendment fee equal to $70,000; and 

(e) No Default or Event of Default shall have occurred and be continuing on the date hereof or as of the date of the effectiveness of this
Amendment. 
 6. Representations and Warranties. In order to induce Agent and the Lenders to enter into this Amendment, Borrower
hereby represents and warrants to Agent and Lenders, after giving effect to this Amendment: 
 (a) All representations and warranties
contained in the Credit Agreement and the other Loan Documents are true and correct on and as of the date of this Amendment, in each case as if then made, other than representations and warranties that expressly relate solely to an earlier date (in
which case such representations and warranties were true and correct on and as of such earlier date); 
 (b) No Default or Event of Default
has occurred and is continuing; 
 (c) This Amendment constitutes a legal, valid and binding obligation of Borrower and is enforceable
against Borrower in accordance with its respective terms. 

  
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 7. Other Agreements. Within 365 days of the date hereof (or such later date as agreed to
by Agent in its sole discretion), all deposit accounts and collection accounts of the Loan Parties (other than the RBS Accounts) shall be maintained with the Administrative Agent or a Lender. The failure to comply with this Section 7 shall
constitute an immediate Event of Default. 
 8. Miscellaneous. 

(a) Expenses. Borrower agrees to pay on demand all costs and expenses of Agent (including the reasonable fees and expenses of outside
counsel for Agent) in connection with the preparation, negotiation, execution, delivery and administration of this Amendment and all other instruments or documents provided for herein or delivered or to be delivered hereunder or in connection
herewith. All obligations provided herein shall survive any termination of this Amendment and the Credit Agreement as amended hereby. 
 (b)
Governing Law. This Amendment shall be a contract made under and governed by the internal laws of the State of Illinois. 
 (c)
Counterparts. This Amendment may be executed in any number of counterparts, and by the parties hereto on the same or separate counterparts, and each such counterpart, when executed and delivered, shall be deemed to be an original, but all
such counterparts shall together constitute but one and the same Amendment. 
 9. Release. 

(a) In consideration of the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, Borrower, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and the
Lenders, and their successors and assigns, and their present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, each Lender and all such
other Persons being hereinafter referred to collectively as the “Releasees” and individually as a “Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies,
agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a
“Claim” and collectively, “Claims”) of every name and nature, known or unknown, suspected or unsuspected, both at law and in equity, which Borrower or any of its respective successors, assigns, or other legal
representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the day and date of
this Amendment for or on account of, or in relation to, or in any way in connection with any of the Credit Agreement, or any of the other Loan Documents or transactions thereunder or related thereto, other than to the extent of those Claims which
arise from the gross negligence or willful misconduct of the applicable Releasee as determined in a final, non-appealable judgment by a court of competent jurisdiction. 

  
 6 

 (b) Borrower understands, acknowledges and agrees that the release set forth above may be pleaded
as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. 

(c) Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered
shall affect in any manner the final, absolute and unconditional nature of the release set forth above. 

  
 7 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized and delivered as of the date first above written. 
  

			
	COBRA ELECTRONICS CORPORATION
		
	By:	 	/s/ Robert J. Ben
	Name: Robert J. Ben
	Title: Senior Vice President and Chief Financial Officer

 Signature Page to Seventh Amendment to Credit Agreement 

 
			
	BMO HARRIS BANK N.A., formerly known as Harris N.A., in its individual capacity as a Lender and as Agent
		
	By:	 	/s/ William J. Kennedy
	Name:	 	William J. Kennedy
	Title:	 	Vice President

  
 Signature Page to Seventh Amendment to
Credit Agreement 

 
			
	FIRST MIDWEST BANK, in its individual capacity as a Lender
		
	By:	 	/s/ Scott Kennedy
	Name:	 	Scott Kennedy
	Title:	 	Senior Vice President

  
 Signature Page to Seventh Amendment to
Credit Agreement 

 EXHIBIT A 

EXHIBIT D 
 COMPLIANCE
CERTIFICATE 
 This Compliance Certificate is furnished to BMO Harris Bank N.A., formerly known as Harris N.A., as Administrative Agent
as provided for in and pursuant to that certain Credit Agreement dated as of July 16, 2010 among Cobra Electronics Corporation, a Delaware corporation, (the “Borrower”), certain Lenders which are signatories thereto and BMO Harris
Bank N.A., formerly known as Harris N.A., as Administrative Agent (the “Credit Agreement”). Unless otherwise defined herein, the terms used in this Compliance Certificate have the meanings ascribed thereto in the Credit Agreement. 

THE UNDERSIGNED HEREBY CERTIFIES THAT: 

1. I hold the office of
                                of the Borrower; 

2. I have reviewed the terms of the Credit Agreement and I have made, or have caused to be made under my supervision, a detailed review of the
transactions and conditions of the Borrower and each of its Subsidiaries during the accounting period covered by the attached financial statements; 

3. The examinations described in paragraph 2 did not disclose, and I have no knowledge of, the existence of any condition or the occurrence of
any event which constitutes a Default or Event of Default during or at the end of the accounting period covered by the attached financial statements or as of the date of this Certificate, except as set forth below; 

4. The financial statements required by Section 8.5 of the Credit Agreement and being furnished to you concurrently with this certificate
are true, correct and complete as of the dates and for the periods covered thereby; and 
 5. The Attachment hereto sets forth financial data
and computations evidencing the Borrower’s compliance with certain covenants of the Credit Agreement, all of which data and computations are, to the best of my knowledge, true, complete and correct and have been made in accordance with the
relevant Sections of the Credit Agreement. 
 Described below are the exceptions, if any, to paragraph 3 by listing, in detail, the nature
of the condition or event, the period during which it has existed and the action which the Borrower has taken, is taking, or proposes to take with respect to each such condition or event: 

					
		  	 	  	
		  	 	  	
		  	 	  	

 The foregoing certifications, together with the computations set forth in the Attachment hereto
and the financial statements delivered with this Certificate in support hereof, are made and delivered this             day of
            20            . 
  

			
	COBRA ELECTRONICS CORPORATION
		
	By:	 	 
	Name:	 	 
	Title:	 	 

 ATTACHMENT TO COMPLIANCE CERTIFICATE 

Compliance Calculations for Credit Agreement 

Dated as of [            ], 2010 

Calculations as of             ,
20             
  

			
	 A.     Capital Expenditures (Section 8.22(a))
	  	
		
	 1.      Year-to-Date Capital Expenditures by the Loan Parties
	  	$                    
	 2.      Year-to-Date Capital Expenditures by the Loan Parties made with Net Cash Proceeds of an Event of
Loss in order to replace Property subject to such Event of Loss
	  	$                    
	 3.      Line A1 minus Line A2
	  	$                    
	 4.      Capital Expenditures Annual Limit
	  	$                    
	 5.      Permitted amount of Capital Expenditures carry forward
	  	$                    
	 6.      Line A4 plus Line A5
	  	$                    
	 7.      Line A3 must be less than or equal to Line A6
	  	$                    
	 8.      The Borrower is in compliance (circle yes or no)
	  	Yes/No
		
	 B.     Fixed Charge Coverage Ratio (Section 8.22(b))
	  	
		
	 1.      Net Income for the period
	  	$                    
	 2.      Interest Expense for the period
	  	$                    
	 3.      Federal, state and local income taxes for the period
	  	$                    
	 4.      Depreciation of fixed assets and amortization of intangible assets for the period
	  	$                    
	 5.      Add Lines B1, B2, B3 and B4 (EBITDA)
	  	$                    
	 6.      Losses with respect to the cash surrender value of the Life Policies
	  	$                    
	 7.      FASB 123 stock option expenses
	  	$                    

			
	 8.      Foreign exchange losses
	  	$                    
	 9.      Deferred revenue charges (net of any deferred revenue charges realized from prior
periods)
	  	$                    
	 10.    Write-downs of intangible assets
	  	$                    
	 11.    Breakage fees payable in cash incurred on the Closing Date as a result of the termination by the Borrower of
any agreement with respect of swaps so long as, after giving effect to the payment of such fees, Excess Availability is at least the Minimum Required Excess Availability Amount
	  	$                    
	 12.    Other non-cash losses acceptable to the Administrative Agent in its reasonable credit judgment
	  	$                    
	 13.    Add Lines B6, B7, B8, B9, B10, B11 and B12 (EBITDA)
	  	$                    
	 14.    Gains with respect to the cash surrender value of the Life Policies
	  	$                    
	 15.    Foreign exchange gains
	  	$                    
	 16.    Write-ups of intangible assets
	  	$                    
	 17.    Other non-cash gains acceptable to the Administrative Agent in its reasonable credit judgment
	  	$                    
	 18.    Add Lines B14, B15, B16 and B17
	  	$                    
	 19.    Line B5 plus Lines B13 minus Line B18 (Adjusted EBITDA)
	  	$                    
	 20.    In the case of each such period ending on or prior to June 30, 2014, expenses incurred during such
period in connection with the Fleming Lawsuit up to an amount not to exceed $2,750,000 during such twelve month period of determination
	  	$                    
	 21.    Unfinanced Capital Expenditures for the period
	  	$                    
	 22.    Federal, state, local and foreign income taxes paid in cash during the period net of federal, state, local
and foreign income taxes refunds received in cash during the period
	  	$                    
	 23.    Add Lines B21 and B22
	  	$                    

			
	 24.    Line B19 plus Line B201 minus Line
B23
	  	$                    
	 25.    Scheduled payments required to be made during the period in respect of principal on all Indebtedness for
Borrowed Money (excluding payments made on the Revolving Credit)
	  	$                    
	 26.    Interest Expense payable in cash for the period (excluding Interest Expense arising as a result of the
termination by the Borrower of any agreement with respect of any interest rate, foreign currency and/or commodity exchanges, swaps, caps, collars, floors, forwards, options or other similar arrangements)
	  	$                    
	 27.    Capitalized Lease Obligations payable in cash for the period
	  	$                    
	 28.    Restricted Payments paid in cash during the period
	  	$                    
	 29.    Add Lines B25, B26, B27 and B28 (Fixed Charges)
	  	$                    
	 30.    Ratio of Line B24 to Line B29             :
1.0
	  	______:1.0
	 31.    Line B30 ratio must not be less than 1.10 : 1.0
	  	1.10:1.0
	 32.    The Borrower is in compliance (circle yes or no)
	  	Yes/No
		
	 C.     Adjusted EBITDA (Section 8.22(c))
	  	
		
	 1.      Adjusted EBITDA (Line B19 above)
	  	$                    
	 2.      The Borrower is in compliance (circle yes or no)
	  	Yes/No

  

	1 	Line B20 is to be added solely for purposes of compliance with Section 8.22(b) of the Credit Agreement and not for any other purposes under the Credit Agreement.

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