Document:

Form of Management Stockholder's Agreement

 Exhibit 10.4 

FORM OF MANAGEMENT STOCKHOLDER’S AGREEMENT 

This Management Stockholder’s Agreement (this “Agreement”) is entered into as of
                             among First Data Holdings Inc., a Delaware corporation (the
“Company”), New Omaha Holdings L.P., a Delaware limited partnership (“Parent”), and the undersigned person (the “Management Stockholder”) (the Company, Parent and the Management Stockholder being
hereinafter collectively referred to as the “Parties”). All capitalized terms not immediately defined are hereinafter defined in Section 7(b) of this Agreement. 

WHEREAS, pursuant to the Agreement and Plan of Merger, dated as of April 1, 2007 by and among Parent, Omaha Acquisition Corporation,
a Delaware corporation and a direct wholly owned subsidiary of Parent (“Merger Sub”), and First Data Corporation, as the same may be amended (the “Merger Agreement”), and subject to the terms and conditions set
forth in the Merger Agreement, Merger Sub merged on September 24, 2007 with and into First Data Corporation (the “Merger”), with First Data Corporation surviving as a wholly owned subsidiary of the Company; 

WHEREAS, in connection with the Merger, KKR 2006 Fund L.P. and its affiliated investment funds and certain other co-investors
(collectively, the “Investors”) contributed certain funds to Parent in exchange for limited partnership units of Parent; 

WHEREAS, in connection with the Merger, the Management Stockholder has been selected (i) to exchange certain shares of common stock
of First Data Corporation owned immediately prior to the Effective Time for shares of Common Stock (“Rollover Stock”) pursuant to the Exchange Agreement, dated as of the date hereof, entered into by and between the Company and the
Management Stockholder (the “Exchange Agreement”), (ii) to transfer to the Company cash in exchange for shares of Common Stock (“Purchased Stock”) and/or (iii) to receive options to purchase shares of
Common Stock (together with any other options the Management Stockholder may otherwise be granted in the future, the “Options”) pursuant to the terms set forth below and the terms of the 2007 Stock Incentive Plan for Key Employees
of First Data Corporation and its Affiliates (the “Option Plan”) and the Stock Option Agreement dated as of the date hereof, entered into by and between the Company and the Management Stockholder (together with any other option
agreements entered into by the Management Stockholder and the Company in the future, the “Stock Option Agreements”); and 

WHEREAS, this Agreement is one of several other agreements (“Other Management Stockholders Agreements”) which
concurrently with the execution hereof or in the future will be entered into between the Company and other individuals who are or will be key employees of the Company or one of its subsidiaries (collectively, the “Other Management
Stockholders”). 

 NOW THEREFORE, to implement the foregoing and in consideration of the mutual agreements
contained herein, the Parties agree as follows: 
  

	 	1.	Issuance of Purchased Shares; New Options. 

(a) Subject to the terms and conditions hereinafter set forth, the Management Stockholder hereby subscribes for and shall purchase, as of
the date hereof, and the Company shall issue and deliver to the Management Stockholder as of the date hereof, the number of shares of Purchased Stock at a per share purchase price (the “Base Price”), in each case as set forth on
Schedule I hereto. 
 (b) Subject to the terms and conditions hereinafter set forth and in the Exchange Agreement,
immediately prior to the Effective Time, the Management Stockholder shall, if applicable, transfer to the Company the shares identified by such Management Stockholder in the Exchange Agreement and immediately after the Effective Time the Management
Stockholder will receive the number of shares of Common Stock as set forth in the Exchange Agreement. 
 (c) Subject to the
terms and conditions hereinafter set forth and as set forth in the Option Plan, as of the date hereof the Company is granting to the Management Stockholder Options to acquire such number of shares of Common Stock, and at such exercise prices, as set
forth in such Management Stockholder’s Stock Option Agreement which the Parties shall execute and deliver to each other copies of concurrently with the issuance of such Options. 

(d) The Company shall have no obligation to sell any Purchased Stock to any person who (i) is a resident or citizen of a state or
other jurisdiction in which the sale of the Common Stock to him or her would constitute a violation of the securities or “blue sky” laws of such jurisdiction or (ii) is not an employee or director of the Company or its subsidiaries as
of the date hereof. 
  

	 	2.	Management Stockholder’s Representations, Warranties and Agreements. 

(a) The Management Stockholder agrees and acknowledges that he will not, directly or indirectly, offer, transfer, sell, assign, pledge,
hypothecate or otherwise dispose of (any of the foregoing acts being referred to herein as a “transfer”) any shares of Purchased Stock, Rollover Stock or, at the time of exercise, Common Stock issuable upon exercise of Options
(“Option Stock”; together with all Purchased Stock, Rollover Stock and any other Common Stock otherwise acquired and/or held by the Management Stockholder Entities as of or after the date hereof, whether pursuant to the exercise of
Options or otherwise, the “Stock”), except as provided in this Section 2(a) below and Section 3 hereof. If the Management Stockholder is an Affiliate of the Company, the Management Stockholder also agrees and acknowledges
that he or she will not transfer any shares of the Stock unless: 
 (i) the transfer is pursuant to an effective
registration statement under the Securities Act of 1933, as amended, and the rules and regulations in effect thereunder (the “Act”), and in compliance with applicable provisions of state securities laws; or 

 (ii)(A) counsel for the Management Stockholder (which counsel shall be
reasonably acceptable to the Company) shall have furnished the Company with an opinion or other advice, reasonably satisfactory in form and substance to the Company, that no such registration is required because of the availability of an exemption
from registration under the Act; provided that such opinion of counsel or other advice shall not be required if such transfer is pursuant to a Proposed Sale, as defined in the Sale Participation Agreement and (B) if the Management
Stockholder is a citizen or resident of any country other than the United States, or the Management Stockholder desires to effect any transfer in any such country, counsel for the Management Stockholder (which counsel shall be reasonably
satisfactory to the Company) shall have furnished the Company with an opinion or other advice reasonably satisfactory in form and substance to the Company to the effect that such transfer will comply with the securities laws of such jurisdiction;
provided that such opinion of counsel or other advice shall not be required if such transfer is pursuant to a Proposed Sale. 

Notwithstanding the foregoing, the Company acknowledges and agrees that any of the following transfers of Stock are deemed to be in compliance with the
Act and this Agreement (including without limitation any restrictions or prohibitions herein), and no opinion or advice of counsel or other advisor is required in connection therewith: (1) a transfer made pursuant to Section 3, 4, 5, 6 or
9 hereof, (2) a transfer (x) upon the death or Disability of the Management Stockholder to the Management Stockholder’s Estate or (y) to the executors, administrators, testamentary trustees, legatees, immediate family members or
beneficiaries of a person who has become a holder of Stock in accordance with the terms of this Agreement; provided that it is expressly understood that any such transferee shall be bound by the provisions of this Agreement, (3) a
transfer made after the Closing Date in compliance with the federal securities laws to a Management Stockholder’s Trust; provided that such transfer is made expressly subject to this Agreement and that the transferee agrees in writing to
be bound by the terms and conditions hereof as a “Management Stockholder” with respect to the representations and warranties and other obligations of this Agreement; and provided further that it is expressly understood and
agreed that if such Management Stockholder’s Trust at any point includes any person or entity other than the Management Stockholder, his spouse (or ex-spouse) or his lineal descendants (including adopted children) such that it fails to meet the
definition thereof as set forth in Section 7(b) hereof, such transfer shall no longer be deemed in compliance with this Agreement and shall be subject to 3(b) below, (4) a transfer of Stock made by the Management Stockholder to Other
Management Stockholders; provided that it is expressly understood that any such transferee(s) shall be bound by the provisions of this Agreement (in addition to the provisions set forth in an Other Management Stockholders Agreement to which
such Other Management Stockholders are a party), and (5) a transfer made by the Management Stockholder, with the Board’s approval, to the Company or any subsidiary of the Company. 

(b) The certificate (or certificates) representing the Stock, if any, shall bear the following legend: 

“THE SHARES REPRESENTED BY THIS CERTIFICATE MAY NOT BE TRANSFERRED, SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF
UNLESS SUCH TRANSFER, SALE, ASSIGNMENT, PLEDGE, HYPOTHECATION OR OTHER DISPOSITION COMPLIES WITH THE PROVISIONS OF THE MANAGEMENT STOCKHOLDER’S AGREEMENT BETWEEN FIRST DATA HOLDINGS INC. (THE “COMPANY”) AND THE MANAGEMENT STOCKHOLDER
NAMED ON THE FACE HEREOF OR THE SALE PARTICIPATION AGREEMENT AMONG SUCH MANAGEMENT STOCKHOLDER AND NEW OMAHA HOLDINGS, L.P., IN EACH CASE DATED AS OF
                     (COPIES OF WHICH ARE ON FILE WITH THE SECRETARY OF THE COMPANY) AND ALL APPLICABLE FEDERAL AND STATE SECURITIES LAWS.

 THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
OF 1933 AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD,
ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.” 

(c) The Management Stockholder acknowledges that he has been advised that (i) the shares of Stock are characterized as
“restricted securities” under the Act inasmuch as they are being acquired from the Company in a transaction not involving a Public Offering and that under the Act (including applicable regulations) the Stock may be resold without
registration under the Act only in certain limited circumstances, (ii) a restrictive legend in the form heretofore set forth shall be placed on the certificates (if any) representing the Stock and (iii) a notation shall be made in the
appropriate records of the Company indicating that the Stock is subject to restrictions on transfer and appropriate stop transfer restrictions will be issued to the Company’s transfer agent with respect to the Stock. 

(d) If any shares of the Stock are to be disposed of in accordance with Rule 144 under the Act or otherwise, the Management
Stockholder shall promptly notify the Company of such intended disposition and shall deliver to the Company at or prior to the time of such disposition such documentation as the Company may reasonably request in connection with such sale and take
any actions reasonably requested by the Coordination Committee prior to any such sale (provided that such instructions shall not have a disproportionate adverse impact on any Management Stockholder vis-à-vis any other stockholders of the
Company or limited partners of Parent) and, in the case of a disposition pursuant to Rule 144, shall deliver to the Company an executed copy of any notice on Form 144 required to be filed with the SEC. 

(e) The Management Stockholder agrees that, if any shares of the Stock are offered to the public pursuant to an effective registration
statement under the Act (other than registration of securities issued on Form S-8, S-4 or any successor or similar form), the Management Stockholder will not effect any public sale or distribution of any shares of the Stock not covered by such
registration statement from the time of the receipt of a notice from the Company that the Company has filed or imminently intends to file such registration statement to, or within 180 days (or such shorter period as may be consented to by the
managing underwriter or underwriters) in the case of the initial Public Offering and ninety (90) days (or in an underwritten offering such shorter period as may be consented to by the managing underwriter or underwriters, if any) in the case of
any other Public Offering after the effective date of such registration statement, unless otherwise agreed to in writing by the Company, provided, however, in no event shall the period during which the Management Stockholders shall be
restricted from selling under this paragraph (e) be longer than the period imposed upon the Sponsors. 

 (f) The Management Stockholder represents and warrants that (i) with respect to the
Purchased Stock, Rollover Stock and Options, the Management Stockholder has received and reviewed the available information relating to such Stock and Options, including having received and reviewed the documents related thereto, certain of which
documents set forth the rights, preferences and restrictions relating to the Options and the Stock underlying the Options and (ii) the Management Stockholder has been given the opportunity to obtain any additional information or documents and
to ask questions and receive answers about such information, the Company and the business and prospects of the Company which the Management Stockholder deems necessary to evaluate the merits and risks related to the Management Stockholder’s
investment in the Stock and to verify the information contained in the information received as indicated in this Section 2(f), and the Management Stockholder has relied solely on such information. 

(g) The Management Stockholder further represents and warrants that (i) the Management Stockholder’s financial condition is
such that the Management Stockholder can afford to bear the economic risk of holding the Stock for an indefinite period of time and has adequate means for providing for the Management Stockholder’s current needs and personal contingencies,
(ii) the Management Stockholder can afford to suffer a complete loss of his or her investment in the Stock, (iii) the Management Stockholder understands and has taken cognizance of all risk factors related to the purchase of the Stock,
(iv) the Management Stockholder’s knowledge and experience in financial and business matters are such that the Management Stockholder is capable of evaluating the merits and risks of the Management Stockholder’s purchase of the Stock
as contemplated by this Agreement, and (v) with respect to the Purchased Stock, such Purchased Stock is being acquired by the Management Stockholder for his or her own account, not as nominee or agent, and not with a view to the resale or
distribution of any part thereof in violation of the Act, and the Management Stockholder has no present intention of selling or otherwise distributing the Purchased Stock in violation of the Act. 

 

	 	3.	Transferability of Stock. 

(a) The Management Stockholder agrees that he or she will not transfer any shares of Stock at any time during the period commencing on the
date hereof and ending on the fifth anniversary of the Closing Date; provided, however, the Management Stockholder may transfer shares of Stock during such time pursuant to one of the following exceptions: (i) transfers permitted
by Section 5 or 6; (ii) transfers permitted by clauses (2), (3), (4) and (5) of Section 2(a); (iii) a sale of shares of Common Stock pursuant to an effective registration statement under the Act filed by the
Company upon the proper exercise of registration rights of such Management Stockholder under Section 9 (excluding any registration on Form S-8, S-4 or any successor or similar form); (iv) transfers permitted pursuant to the Sale
Participation Agreement (as defined in Section 7(b)); (v) transfers permitted by the Board or (vi) transfers to Parent or its designee (any such exception, a “Permitted Transfer”); provided, further, that
following the consummation of a Qualified Public Offering, if the Selling Entities (as defined in the Sale Participation Agreement) transfer, directly or indirectly, for cash or any other consideration any shares of Common Stock owned by any such
Selling Entity (other than pursuant to the Registration Rights Agreement), the Management Stockholder shall be entitled to transfer (without giving effect to any restrictions included herein) a number of shares of Common Stock that the Management
Stockholder would have been able to transfer in such sale pursuant to Section 2 of the Sale Participation Agreement had it occurred prior to a Qualified Public Offering but treating all unexercisable Options, to the extent such Options would
have become exercisable as a result of the consummation of the sale, as exercisable. In addition, during the period commencing on the fifth anniversary of the Closing Date through the earlier of a Change of Control or consummation of a Qualified
Public Offering, the Management Stockholder may only transfer shares of Stock in compliance with Section 4 or pursuant to the Sale Participation Agreement. 

 (b) No transfer of any such shares in violation hereof shall be made or recorded on the
books of the Company and any such transfer shall be void ab initio and of no effect. 
 (c) Notwithstanding anything to the
contrary herein, Parent may, at any time and from time to time, waive the restrictions on transfers contained in Section 3(a), whether such waiver is made prior to or after the transferee has effected or committed to effect the transfer, or has
notified the Investors of such transfer or commitment to transfer. Any transfers made pursuant to such waiver or which are later made subject to such a waiver shall, as of the date of the waiver and at all times thereafter, not be deemed to violate
any applicable restrictions on transfers contained in this Agreement. 
  

	 	4.	Right of First Refusal. 

(a) If, at any time after the fifth anniversary of the Closing Date and prior to the earlier to occur of a Change of Control or
consummation of a Qualified Public Offering, the Management Stockholder proposes to transfer any or all of the Management Stockholder’s Stock to a third party (any such third party, the “ROFR Transferee”) (other than any
transfer pursuant to clauses (1), (2), (3), (4) or (5) of Section 2(a), to the extent made to a third party), the Management Stockholder shall notify the Company in writing of the Management Stockholder’s intention to
transfer such Stock (such written notice, a “ROFR Notice”). The ROFR Notice shall include a true and correct description of the number of shares of Stock to be transferred and the material terms of such proposed transfer and a copy
of any proposed documentation to be entered into with any ROFR Transferee in respect of such transfer and shall contain an irrevocable offer to sell such Stock to the Company or its designees (as provided below) (in the manner set forth below) at a
purchase price equal to the minimum price at which the Management Stockholder proposes to transfer such Stock to any ROFR Transferee and on substantially the same terms and conditions as the proposed transfer. At any time within twenty
(20) days after the date of the receipt by the Company of the ROFR Notice, the Company shall have the right and option to purchase, or to arrange for a subsidiary, third party or Affiliate to purchase, all (but not less than all) of the shares
of Stock proposed to be transferred to a ROFR Transferee, pursuant to Section 4(b). 

 (b) The Company shall have the right and option to purchase, or to arrange for a subsidiary,
third party or Affiliate to purchase, all of the shares of Stock proposed to be transferred to any ROFR Transferee at a purchase price equal to the minimum price at which the Management Stockholder proposes to transfer such Stock to any ROFR
Transferee and otherwise on substantially the same terms and conditions as the proposed transfer (or, if the proposed transfer to any ROFR Transferee includes any consideration other than cash, then at the sole option of the Company, at the
equivalent all cash price, determined in good faith by the Board), by delivering (i) a certified bank check or checks in the appropriate amount (or by wire transfer of immediately available funds, if the Management Stockholder Entities provide
to the Company wire transfer instructions) and/or (ii) if the proposed transfer to any ROFR Transferee includes any consideration other than cash, any such non-cash consideration to be paid to the Management Stockholder at the principal office
of the Company against delivery of certificates or other instruments representing the shares of Stock so purchased, appropriately endorsed by the Management Stockholder. If at the end of the 20-day period, the Company has not tendered (or caused to
be tendered) the purchase price for such shares in the manner set forth above, the Management Stockholder may, during the succeeding 60-day period, sell not less than all of the shares of Stock proposed to be transferred to any ROFR Transferee
(subject to compliance with the other terms of this Agreement) on terms no less favorable to the Management Stockholder than those contained in the ROFR Notice. Promptly after such sale, the Management Stockholder shall notify the Company of the
consummation thereof and shall furnish such evidence of the completion and time of completion of such sale and of the terms thereof as may reasonably be requested by the Company. If, at the end of sixty (60) days following the expiration of the
20-day period during which the Company is entitled hereunder to purchase the Stock, the Management Stockholder has not completed the sale of such shares of the Stock as aforesaid, all of the restrictions on sale, transfer or assignment contained in
this Agreement shall again be in effect with respect to such shares of the Stock. 
 (c) Notwithstanding anything in this
Agreement to the contrary, this Section 4 shall terminate and be of no further force or effect upon the earlier of occurrence of a Change in Control or a Qualified Public Offering. 

 

	 	5.	The Management Stockholder’s Right to Resell Stock and Options to the Company. 

(a) Except as otherwise provided herein, and subject to Section 6(b), if the Management Stockholder’s employment with the
Company (or, if applicable, any of its subsidiaries or affiliates) terminates as a result of the death or Disability of the Management Stockholder, then the applicable Management Stockholder Entity, shall, until the later of (x) 365 days
following the date of such termination for death or Disability or (y) if the Company has declared an Event has occurred, 30 days following the date on which the Management Stockholder receives notice that an Event no longer exists (the
“Put Period”), have the right to: 
 (i) With respect to Stock, sell to the Company, and the
Company shall be required to purchase, on one occasion, all of the shares of Stock then held by the applicable Management Stockholder Entities at a per share price equal to Fair Market Value on the Repurchase Calculation Date (the “Section 5
Repurchase Price”); and 

 (ii) With respect to any outstanding vested Options, sell to the Company,
and the Company shall be required to purchase, on one occasion, all of the then vested Options then held by the applicable Management Stockholder Entities for an amount equal to the product of (x) the excess, if any, of the Section 5
Repurchase Price over the Option Exercise Price and (y) the number of Exercisable Option Shares, which Options shall be terminated in exchange for such payment. In the event the Management Stockholder Entity elects to sell under this
Section 5(a)(ii) and the foregoing Option Excess Price is zero or a negative number, all outstanding exercisable Options granted to the Management Stockholder shall be automatically terminated without any payment in respect thereof. In
addition, and for the avoidance of doubt, upon termination of employment as a result of the death or Disability all unvested Options shall be terminated and cancelled without any payment therefor. 

(b) In the event the applicable Management Stockholder Entities intend to exercise their rights pursuant to Section 5(a), such
Management Stockholder Entities shall send written notice to the Company, at any time during the Put Period, of their intention to sell shares of Stock in exchange for the payment referred to in Section 5(a)(i) and/or to sell such Options in
exchange for the payment referred to in Section 5(a)(ii) (as the case may be) and shall indicate the number of shares of Stock to be sold and the number of Options (based on the number of Exercisable Option Shares) to be sold with payment in
respect thereof (the “Redemption Notice”). The completion of the purchases shall take place at the principal office of the Company on no later than the twentieth business day (such date to be determined by the Company) after the
giving of the Redemption Notice. The applicable Repurchase Price (including any payment with respect to the Options as described above) shall be paid by delivery to the applicable Management Stockholder Entities, at the option of the Company, of a
certified bank check or checks in the appropriate amount payable to the order of each of the applicable Management Stockholder Entities (or by wire transfer of immediately available funds, if the Management Stockholder Entities provide to the
Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents cancelling the Options so terminated appropriately endorsed or executed by the applicable
Management Stockholder Entities or any duly authorized representative. 
 (c) Notwithstanding anything in this Section 5 to
the contrary, if (i) there exists and is continuing a default or an event of default on the part of the Company or any subsidiary of the Company under any loan, guarantee or other agreement under which the Company or any subsidiary of the
Company has borrowed money or if the repurchase referred to in Section 5(a) (or Section 6 below, as the case may be) would result in a default or an event of default on the part of the Company or any affiliate of the Company under any such
agreement; (ii) a repurchase would reasonably be expected to be prohibited by the Delaware General Corporation Law (“DGCL”) or any federal or state securities laws or regulations (or if the Company reincorporates in another
state, the business corporation law of such state) or (iii) a repurchase would materially impair the cash flow of the Company, (each such occurrence being an “Event”), the Company shall not be obligated to repurchase for cash
any of the Stock or the Options from the applicable Management Stockholder Entities to the extent it would cause any such default, materially impair cash flow or would be so prohibited by the Event for cash but instead, with respect to such portion
with respect to which cash settlement is prohibited, may satisfy its obligations with respect to the Management Stockholder Entities’ exercise of their rights under Section 5(a) by delivering to the applicable Management Stockholder Entity
a note with a principal amount equal to the amount payable under this Section 5 that was not paid in cash, having terms acceptable to the Company’s (and its affiliate’s, as applicable) lenders and permitted under the Company’s
(and its affiliate’s, as applicable) debt instruments but which in any event (i) shall be mandatorily repayable promptly and to the extent that an Event no longer prohibits the payment of cash to the applicable Management Stockholder
Entity pursuant to this Agreement; and (ii) shall bear interest at a rate equal to the effective rate of interest in respect of the Company’s U.S. dollar-denominated subordinated public debt securities (including any original issue
discount). Notwithstanding the foregoing and subject to Section 5(d), if an Event exists and is continuing for ninety (90) days after the date of the Redemption Notice, the Management Stockholder Entities shall be permitted by written
notice to rescind any Redemption Notice with respect to that portion of the Stock and Options repurchased by the Company from the Management Stockholder Entities pursuant to this Section 5 with the note described in the foregoing sentence, and
such repurchase shall be rescinded; provided that, upon such rescission, such note shall be immediately canceled without any action on the part of the Company or the Management Stockholder Entities, and notwithstanding anything herein or in
such note to the contrary, the Company shall have no obligation to pay any amounts of principal or interest thereunder. 

 (d) Notwithstanding anything in this Agreement to the contrary, except for any payment
obligation of the Company which has arisen prior to the occurrence of a Change in Control, Section 5 shall terminate and be of no further force or effect upon the occurrence of such Change in Control. 

 

	 	6.	The Company’s Option to Purchase Stock and Options of the Management Stockholder Upon Certain Terminations of Employment. 

(a) Termination for Cause by the Company and other Call Events. If, (i) prior to the latter of a) the fifth anniversary of the
Closing Date or b) the expiration of any underwriter imposed transfer restrictions in connection with a Qualified Public Offering, the Management Stockholder’s active employment with the Company (or, if applicable, its subsidiaries or
affiliates) is terminated by the Company (or, if applicable, its subsidiaries or affiliates) for Cause or (ii) the Management Stockholder Entities effect a transfer of Stock (or Options) that is prohibited under this Agreement (or the Stock
Option Agreements, as applicable), after notice from the Company of such impermissible transfer and a reasonable opportunity to cure such transfer which is not so cured (each event described above, a “Section 6(a) Call Event”),
then: 
 (i) With respect to Stock, the Company may purchase, on one occasion, all or any portion of the shares
of Stock then held by the applicable Management Stockholder Entities at a per share purchase price equal to the lesser of (x) Base Price (or other applicable price paid by such Management Stockholder Entities for such Stock) and (y) the
Fair Market Value on the Repurchase Calculation Date; and 
 (ii) With respect to all Options, all outstanding
Options, whether vested or unvested, shall be automatically terminated without any payment in respect thereof upon the occurrence of the Section 6(a) Call Event. 

 (b) Termination without Cause by the Company (other than due to his or her death or
Disability), Termination by the Management Stockholder with Good Reason and Termination for Death or Disability. If, prior to the latter of a) the fifth anniversary of the Closing Date or b) the expiration of any underwriter imposed transfer
restrictions in connection with a Qualified Public Offering, the Management Stockholder’s active employment with the Company (or, if applicable, its subsidiaries or affiliates) is terminated (i) by the Company (or, if applicable, its
subsidiaries or affiliates) without Cause (other than due to his death or Disability), (ii) by the Management Stockholder with Good Reason or (iii) as a result of the death or Disability of the Management Stockholder (each, a
“Section 6(b) Call Event”) then: 
 (i) With respect to Stock, the Company may purchase, on
one occasion, all or any portion of the shares of such Stock then held by the applicable Management Stockholder Entities at a per share purchase price equal to Fair Market Value on the Repurchase Calculation Date; 

(ii) With respect to any outstanding vested Options, the Company may purchase, on one occasion, all or any portion of the
exercisable vested Options held by the applicable Management Stockholder Entities for an amount equal to the product of (x) the excess, if any, of the Fair Market Value on the Repurchase Calculation Date over the Option Exercise Price and
(y) the number of Exercisable Option Shares (solely relating to the vested Options), which vested Options shall be terminated in exchange for such payment. In the event the Company elects to repurchase under this Section 6(b)(ii) and the
foregoing Option Excess Price is zero or a negative number, all outstanding exercisable vested Options shall be automatically terminated without any payment in respect thereof; and 

(iii) With respect to unvested Options, all outstanding unvested Options shall automatically be terminated without any
payment in respect thereof. 
 (c) Termination by the Management Stockholder without Good Reason. If, prior to the latter
of a) the fifth anniversary of the Closing Date or b) the expiration of any underwriter imposed transfer restrictions in connection with a Qualified Public Offering, the Management Stockholder’s employment with the Company (or, if applicable,
its subsidiaries or affiliates) is terminated by the Management Stockholder without Good Reason (a “Section 6(c) Call Event”), then: 

(i) With respect to Purchased Stock and Rollover Stock, the Company may purchase, on one occasion, all or any portion of
the shares of such Purchased Stock and Rollover Stock then held by the applicable Management Stockholder Entities at a per share purchase price equal to, (i) if the Management Stockholder is not in violation of any of the provisions of
Section 23 of this Agreement on the date that the Repurchase Notice is sent, the Fair Market Value on the Repurchase Calculation Date or (ii) if the Management Stockholder is in violation of any of the provisions of Section 23 of this
Agreement on the date that the Repurchase Notice is sent, the lesser of (x) Base Price (or other applicable price paid by such Management Stockholder Entities for such Stock) and (y) the Fair Market Value on the Repurchase Calculation
Date; 

 (ii) With respect to Option Stock, the Company may purchase, on one
occasion, all or any portion of the shares of Option Stock then held by the applicable Management Stockholder Entities at a per share purchase price equal to the lesser of (x) Base Price (or other applicable price paid by such Management
Stockholder Entities for such Stock) and (y) the Fair Market Value on the Repurchase Calculation Date; and 

(iii) With respect to all Options, all outstanding Options, whether vested or unvested, shall be automatically terminated
without any payment in respect thereof upon the occurrence of the Section 6(c) Call Event. 
 (d) Call Notice. The
Company shall have a period (the “Call Period”) of one hundred eighty (180) days from the date of any Call Event (or, if later, with respect to a Section 6(a) Call Event, the date after discovery of, and the applicable
cure period for, an impermissible transfer constituting a Section 6(a) Call Event) in which to give notice in writing to the Management Stockholder of its election to exercise its rights and obligations pursuant to this Section 6
(“Repurchase Notice”). Notwithstanding the foregoing, in the event the Fair Market Value is below $5 on the date of any Call Event, the Call Period shall begin on the date of the Call Event and shall extend until one hundred eighty
(180) days from the date the Board next establishes Fair Market Value at or above $5. The completion of the purchases pursuant to the foregoing shall take place at the principal office of the Company no later than the fifteenth business day
after the giving of the Repurchase Notice. The applicable Repurchase Price (including any payment with respect to the Options as described in this Section 6) shall be paid by delivery to the applicable Management Stockholder Entities of a
certified bank check or checks in the appropriate amount payable to the order of each of the applicable Management Stockholder Entities (or by wire transfer of immediately available funds, if the Management Stockholder Entities provide to the
Company wire transfer instructions) against delivery of certificates or other instruments representing the Stock so purchased and appropriate documents canceling the Options so terminated, appropriately endorsed or executed by the applicable
Management Stockholder Entities or any duly authorized representative. 
 (e) Use of Note to Satisfy Call Payment.
Notwithstanding any other provision of this Section 6 to the contrary, if there exists and is continuing any Event, the Company will, to the extent it has exercised its rights to purchase Stock or Options pursuant to this Section 6, in
order to complete the purchase of any Stock or Options pursuant to this Section 6, deliver to the applicable Management Stockholder Entities (i) a cash payment for any amounts payable pursuant to this Section 6 that would not cause an
Event and (ii) a note having the same terms as that provided in Section 5(c) above with a principal amount equal to the amount payable but not paid in cash pursuant to this Section 6 due to the Event. Notwithstanding the foregoing, if
an Event exists and is continuing for ninety (90) days from the date of the Section 6(b) Call Event, the Management Stockholder Entities shall be permitted by written notice to cause the Company to rescind any Repurchase Notice with
respect to that portion of the Stock and Options repurchased by the Company from the Management Stockholder Entities pursuant to this Section 6 with the note described in the foregoing sentence; provided that, upon such rescission, such
repurchase shall be immediately rescinded and such note shall be immediately canceled without any action on the part of the Company or the Management Stockholder Entities and, notwithstanding anything herein or in such note to the contrary, the
Company shall have no obligation to pay any amounts of principal or interest thereunder. 

 (f) Effect of Change in Control. Notwithstanding anything in this Agreement to the
contrary, except for any payment obligation of the Company which has arisen prior to the occurrence of a Change in Control, this Section 6 shall terminate and be of no further force or effect upon the occurrence of such Change in Control.

  

	 	7.	Adjustment of Repurchase Price; Definitions. 

(a) Adjustment of Repurchase Price. In determining the applicable repurchase price of the Stock and Options, as provided for in
Sections 5 and 6 above, appropriate adjustments shall be made for any stock dividends, splits, combinations, recapitalizations or any other adjustment in the number of outstanding shares of Stock in order to maintain, as nearly as practicable,
the intended operation of the provisions of Sections 5 and 6. 
 (b) Definitions. All capitalized terms used in this
Agreement and not defined herein shall have such meaning as such terms are defined in the Option Plan. Terms used herein and as listed below shall be defined as follows: 

“Act” shall have the meaning set forth in Section 2(a)(i) hereof. 

“Affiliate” means with respect to any Person, any entity directly or indirectly controlling, controlled by or under
common control with such Person. 
 “Agreement” shall have the meaning set forth in the introductory paragraph.

 “Base Price” shall have the meaning set forth in Section 1(a) hereof. 

“Board” shall mean the board of directors of the Company. 

“Call Events” shall mean, collectively, Section 6(a) Call Events, Section 6(b) Call Events and
Section 6(c) Call Events. 
 “Call Notice” shall have the meaning set forth in Section 6(d) hereof.

 “Call Period” shall have the meaning set forth in Section 6(d) hereof. 

 “Cause” shall have the meaning ascribed to it in any employment, severance
or change in control agreement between the Management Stockholder and the Company or any of its Affiliates, or, if there is no such agreement, “Cause” shall mean (a) the Management Stockholder’s continued failure substantially to
perform the Management Stockholder’s duties with the Company or any Subsidiary or Affiliate thereof (other than as a result of total or partial incapacity due to physical or mental illness) for a period of 10 days following written notice by
the Company to the Management Stockholder of such failure, (b) the Management Stockholder’s conviction of, or plea of nolo contendere to a crime constituting (x) a felony under the laws of the United States or any state
thereof or (y) a misdemeanor involving moral turpitude, (c) the Management Stockholder’s willful malfeasance or willful misconduct in connection with the Management Stockholder’s duties with the Company or any of its Subsidiaries
or Affiliates or any willful misrepresentation, willful act or willful omission which is injurious to the financial condition or business reputation of the Company or its Affiliates or (d) the Management Stockholder’s material breach of
the provisions of Section 23 of this Agreement. For purposes hereof, no act, or failure to act, by the Management Stockholder will be deemed “willful” unless done, or omitted to be done, by the Management Stockholder not in good faith
and without reasonable belief the Management Stockholder’s act, or failure to act, was in the best interest of the Company, and under no circumstances will the failure to meet performance targets, after a good faith attempt to do so, in and of
itself constitute Cause. 
 “Change of Control” means in one or a series of transactions, (i) the sale of
all or substantially all of the assets of New Omaha Holdings, L.P. or the Company or First Data Corporation to any Person (or group of Persons acting in concert), other than to (x) investment funds affiliated with Kohlberg Kravis
Roberts & Co. L.P. (together, the “Sponsor”), any other investor in respect of whom the Sponsor has the power to direct such investor’s vote with respect to the Company’s Common Stock or other equity securities (each an
“Investor” and together with the Sponsor, the “Sponsor Group”) or their respective Affiliates or (y) any employee benefit plan (or trust forming a part thereof) maintained by the Company, the Sponsor Group or their
respective Affiliates or other Person of which a majority of its voting power or other equity securities is owned, directly or indirectly, by the Company, the Sponsor Group or their respective Affiliates; or (ii) a merger, recapitalization or
other sale by the Sponsor or its Affiliates (other than through a Public Offering) of Common Stock or other voting securities of the Company that results in more than 50% of the Common Stock or other voting securities of the Company (or any
resulting company after a merger) owned, directly or indirectly, by the Sponsor following the Closing Date, no longer being so owned by the Sponsor; and, (iii) in any event of clause (i) or (ii) above, such transaction results in any
Person (or group of Persons acting in concert) having the ability to elect more members of the Board than the Sponsor Group; provided, however, that following an event described in clause (i), a liquidation of, or the declaration of an
extraordinary dividend by, the Company or First Data Corporation (or any successor entities) shall also constitute a Change in Control. 

“Closing Date” shall mean September 24, 2007. 

“Common Stock” shall mean the common stock of the Company. 

“Company” shall have the meaning set forth in the introductory paragraph. 

“Confidential Information” shall mean all non-public information concerning trade secret, know-how, software,
developments, inventions, processes, technology, designs, the financial data, strategic business plans or any proprietary or confidential information, documents or materials in any form or media, including any of the foregoing relating to research,
operations, finances, current and proposed products and services, vendors, customers, advertising and marketing, and other non-public, proprietary, and confidential information of the Restricted Group, excluding any such non-public information that
(i) is required by court or administrative order to be disclosed or (ii) becomes generally available to the public other than as a result of a disclosure or failure to safeguard in violation of Section 23. 

 “Controlled by” means with respect to the relationship between or among two
or more Persons, means the possession, directly or indirectly, of the power to direct or cause the direction of the affairs or management of a Person, whether through the ownership of voting securities, by contract or otherwise, including the
ownership, directly or indirectly, of securities having the power to elect a majority of the board of directors or similar body governing the affairs of such Person. 

“Coordination Committee” shall have the meaning set forth in the Partnership Agreement. 

“Custody Agreement and Power of Attorney” shall have the meaning set forth in Section 9(e) hereof. 

“DGCL” shall have the meaning set forth in Section 5(c) hereof. 

“Disability” shall mean “Disability” as such term is defined in any employment agreement between the
Management Stockholder and the Company or any of its Subsidiaries, or, if there is no such employment agreement, shall mean “Disability” as defined in the Option Agreement. 

“Effective Time” shall have the meaning set forth in the Merger Agreement. 

“Event” shall have the meaning set forth in Section 5(c) hereof. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended (or any successor section thereto).

 “Exercisable Option Shares” shall mean the shares of Common Stock that, at the time that a Redemption Notice
or Repurchase Notice is delivered (as applicable), could be purchased by the Management Stockholder upon exercise of his or her outstanding and exercisable Options. 

“Fair Market Value” shall mean the fair market value of one share of Common Stock on any given date, as determined
reasonably and in good faith by the Board after consultation with an independent valuation expert, determined without regard to any discount for minority interest and transfer restrictions imposed on the Common Stock of the Management Stockholder
Entities; provided that, in the event that the Board has not received an independent valuation of the Company in the six months prior to the determination of Fair Market Value, the Management Stockholder shall have the right to demand that
the Board receive such independent valuation prior to the determination of Fair Market Value. 

 “Good Reason” shall have the meaning ascribed to it any
employment agreement between the Management Stockholder and the Company or any of its subsidiaries or Affiliates, or, if there is no such employment agreement, “Good Reason” shall mean (i) a reduction in or demotion of the Management
Stockholder’s base salary or the Management Stockholder’s annual incentive compensation opportunity (other than a general reduction in base salary or annual incentive compensation opportunities that affects all members of senior management
of the Company and its subsidiaries equally); (ii) a relocation of Management Stockholder’s primary workplace by more than fifty (50) miles from the current workplace; or (iii) a substantial reduction in or demotion of Management
Stockholder’s duties, responsibilities or title (other than a change in title that is the result of a broad restructuring of the Company’s titling of officers); in each case other than any isolated, insubstantial and inadvertent failure by
the Company that is not in bad faith and is cured within ten (10) business days after the Management Stockholder gives the Company notice of such event; provided that “Good Reason” shall cease to exist for an event on the 60
th day following the later of its occurrence or the
Management Stockholder’s knowledge thereof, unless the Management Stockholder has given the Company written notice thereof prior to such date. 

“Group” shall mean “group,” as such term is used for purposes of Section 13(d) or 14(d) of the Exchange
Act. 
 “Investors” shall have the meaning set forth in the second “whereas” paragraph. 

“Management Stockholder” shall have the meaning set forth in the introductory paragraph. 

“Management Stockholder Entities” shall mean the Management Stockholder’s Trust, the Management Stockholder and the
Management Stockholder’s Estate, collectively. 
 “Management Stockholder’s Estate” shall mean the
conservators, guardians, executors, administrators, testamentary trustees, legatees or beneficiaries of the Management Stockholder. 

“Management Stockholder’s Trust” shall mean a partnership, limited liability company, corporation, trust, private
foundation or custodianship, the beneficiaries of which may include only the Management Stockholder, his or her spouse (or ex-spouse) or his or her lineal descendants (including adopted) or, if at any time after any such transfer there shall be no
then living spouse or lineal descendants, then to the ultimate beneficiaries of any such trust or to the estate of a deceased beneficiary. 

“Merger” shall have the meaning set forth in the first “whereas” paragraph. 

“Merger Agreement” shall have the meaning set forth in the first “whereas” paragraph. 

“Merger Sub” shall have the meaning set forth in the first “whereas” paragraph. 

“Options” shall have the meaning set forth in the third “whereas” paragraph. 

“Option Excess Price” shall mean the aggregate amount paid or payable by the Company in respect of Exercisable Option
Shares, as determined pursuant to Section 5 or 6 hereof, as applicable. 

 “Option Exercise Price” shall mean the then-current exercise price of the
shares of Common Stock covered by the applicable Option. 
 “Option Plan” shall have the meaning set forth in
the third “whereas” paragraph. 
 “Option Stock” shall have the meaning set forth in
Section 2(a) hereof. 
 “Other Management Stockholders” shall have the meaning set forth in the fourth
“whereas” paragraph. 
 “Other Management Stockholders Agreements” shall have the meaning set forth
in the fourth “whereas” paragraph. 
 “Parent” shall have the meaning set forth in the introductory
paragraph. 
 “Parties” shall have the meaning set forth in the introductory paragraph. 

“Partnership Agreement” means the Amended and Restated Limited Partnership Agreement of New Omaha Holdings L.P., as it
may be amended, modified, restated or supplemented from time to time. 
 “Permitted Transfer” shall have the
meaning set forth in Section 3(a). 
 “Person” shall mean “person,” as such term is used for
purposes of Section 13(d) or 14(d) of the Exchange Act. 
 “Piggyback Notice” shall have the meaning set
forth in Section 9(b) hereof. 
 “Piggyback Registration Rights” shall have the meaning set forth in
Section 9(a) hereof. 
 “Proposed Registration” shall have the meaning set forth in Section 9(b)
hereof. 
 “Public Offering” shall mean the sale of shares of Common Stock to the public subsequent to the date
hereof pursuant to a registration statement under the Act which has been declared effective by the SEC (other than a registration statement on Form S-4, S-8 or any other similar form). 

“Purchased Stock” shall have the meaning set forth in the third “whereas” paragraph. 

“Put Period” shall have the meaning set forth in Section 5(a) hereof. 

“Qualified Public Offering” means the initial Public Offering (i) for which aggregate cash proceeds to be received
by the Company (or any successor thereto) from such offering (or series of offerings) (without deducting underwriter discounts, expenses and commissions) are at least $400,000,000, or (ii) pursuant to which at least 35% of the outstanding
shares of Common Stock are sold by the Company (or any successor thereto). 
 “Redemption Notice” shall have
the meaning set forth in Section 5(b) hereof. 

 “Registration Rights Agreement” shall have the meaning set forth in
Section 9(a) hereof. 
 “Repurchase Calculation Date” shall mean (i) prior to the occurrence of a
Public Offering, the last day of the month preceding the month in which date of repurchase occurs, and (ii) on and after the occurrence of a Public Offering, the last date of trading of the Stock on which there was a closing price for the Stock
immediately preceding the date of repurchase. 
 “Repurchase Notice” shall have the meaning set forth in
Section 6(e) hereof. 
 “Repurchase Price” shall mean the amount to be paid in respect of the Stock and
Options to be purchased by the Company pursuant to Section 5 and Section 6, as applicable. 

“Request” shall have the meaning set forth in Section 9(b) hereof. 

“Restricted Group” shall mean, collectively, the Company, its subsidiaries, the Investors and their respective
affiliates. 
 “ROFR Notice” shall have the meaning set forth in Section 4(a) hereof. 

“ROFR Transferee” shall have the meaning set forth in Section 4(a) hereof. 

“Rollover Stock” shall have the meaning set forth in the third “whereas” paragraph. 

“Sale Participation Agreement” shall mean that certain sale participation agreement entered into by and between the
Management Stockholder and Parent dated as of the date hereof. 
 “SEC” shall mean the Securities and Exchange
Commission. 
 “Senior Management Stockholder” shall mean any of the Management Stockholders or Other
Management Stockholders who has been designated as such on Schedule I hereto or the corresponding schedule of the Other Management Stockholders Agreements, as applicable. 

“Stock” shall have the meaning set forth in Section 2(a) hereof. 

“Stock Option Agreements” shall have the meaning set forth in the fourth “whereas” paragraph. 

“Transfer” shall have the meaning set forth in Section 2(a) hereof. 

 

	 	8.	The Company’s Representations and Warranties and Covenants. 

(a) The Company represents and warrants to the Management Stockholder that (i) this Agreement has been duly authorized, executed and
delivered by the Company and is enforceable against the Company in accordance with its terms and (ii) the Stock, when issued and delivered in accordance with the terms hereof and the other agreements contemplated hereby, will be duly and
validly issued, fully paid and nonassessable. 

 (b) If the Company becomes subject to the reporting requirements of Section 12 of the
Exchange Act, the Company will file the reports required to be filed by it under the Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder, to the extent required from time to time to enable the Management Stockholder
to sell shares of Stock, subject to compliance with the provisions hereof (including requirements of the Coordination Committee of Parent or the Company) without registration under the Exchange Act within the limitations of the exemptions provided
by (A) Rule 144 under the Act, as such Rule may be amended from time to time, or (B) any similar rule or regulation hereafter adopted by the SEC. Notwithstanding anything contained in this Section 8(b), the Company may
de-register under Section 12 of the Exchange Act if it is then permitted to do so pursuant to the Exchange Act and the rules and regulations thereunder and, in such circumstances, shall not be required hereby to file any reports which may be
necessary in order for Rule 144 or any similar rule or regulation under the Act to be available. Nothing in this Section 8(b) shall be deemed to limit in any manner the restrictions on transfers of Stock contained in this Agreement.

 (c) The Company will not agree to any amendment of the terms of the credit agreement entered into on
the Closing Date, or to any corresponding provision in any successor or equivalent debt agreement, that imposes any limits on the Company’s permission thereunder to repurchase stock, or make payments on
any note, in each case under Section 5(c) or 6(e) of this Agreement, that are materially more restrictive than such provision under such credit agreement as in effect on the Closing Date if, at or prior to the time of such
agreement, restrictions corresponding and proportionate thereto have not also been imposed thereunder on the payment of cash dividends on the Common Stock. 

9. “Piggyback” Registration Rights. Effective after the occurrence of an initial Public Offering: 

(a) The Parties agree to be bound, with respect to Senior Management Stockholders or to any other Management Stockholders who are
provided such rights pursuant to this Section 9, by all of the terms, conditions and obligations of the Registration Rights Agreement (the “Registration Rights Agreement”) as they relate to the exercise of piggyback
registration rights as provided in Sections 4, 6, 7, 8 and 12 (but not Section 12(l)) of the Registration Rights Agreement entered into by and among the Company and Investors party thereto (the “Piggyback Registration Rights”),
as in effect on the date hereof (subject, with respect to any such Management Stockholder provided Piggyback Registration Rights, only to any amendments thereto to which such Management Stockholder has agreed in writing to be bound), and, if any of
the Investors are selling stock, shall have all of the rights and privileges of the Piggyback Registration Rights (including, without limitation, the right to participate in the initial Public Offering and any rights to indemnification and/or
contribution from the Company and/or the Investors), in each case as if the Management Stockholder were an original party (other than the Company) to the Registration Rights Agreement, subject to applicable and customary underwriter restrictions;
provided, however, that at no time shall the Management Stockholder have any rights to request registration under Section 3 of the Registration Rights Agreement. All Stock purchased or held by the applicable Management Stockholder
Entities pursuant to this Agreement shall be deemed to be “Registrable Securities” as defined in the Registration Rights Agreement. 

 (b) In the event of a sale of Common Stock by any of the Investors in accordance with the
terms of the Registration Rights Agreement, the Company will promptly notify each Senior Management Stockholder or other Management Stockholder to whom the Board, after consultation with the Chief Executive Officer and the Chief Financial Officer of
the Company, has decided to extend the Piggyback Registration Rights, in writing (a “Piggyback Notice”) of any proposed registration (a “Proposed Registration”), which Piggyback Notice shall include: the principal
terms and conditions of the proposed registration, including (A) the number of the shares of Common Stock to be sold, (B) the fraction expressed as a percentage, determined by dividing the number of shares of Common Stock to be sold by the
holders of Registrable Securities (other than Management Stockholders) by the total number of shares held by the holders of Registrable Securities (other than Management Stockholders) selling the shares of Common Stock, (C) the proposed per
share purchase price (or an estimate thereof), and (D) the proposed date of sale. If within fifteen (15) days of the receipt by the Management Stockholder or Management Stockholder, as the case may be, of such Piggyback Notice, the Company
receives from the applicable Management Stockholder Entities of the Senior Management Stockholder or Management Stockholder, as the case may be, a written request (a “Request”) to register shares of Stock held by the applicable
Management Stockholder Entities (which Request will be irrevocable unless otherwise mutually agreed to in writing by the Senior Management Stockholder or Management Stockholder, if any, and the Company), shares of Stock will be so registered as
provided in this Section 9; provided, however, that for each such registration statement only one Request, which shall be executed by the applicable Management Stockholder Entities, may be submitted for all Registrable Securities
held by the applicable Management Stockholder Entities. 
 (c) The maximum number of shares of Stock which will be registered
pursuant to a Request will be the lowest of (i) the number of shares of Stock then held by the Management Stockholder Entities, including all shares of Stock which the Management Stockholder Entities are then entitled to acquire under an
unexercised Option to the extent then exercisable, multiplied by a fraction, the numerator of which is the aggregate number of shares of Stock being sold by holders of Registrable Securities (other than Management Stockholders) and the denominator
of which is the aggregate number of shares of Stock owned by the holders of Registrable Securities (other than Management Stockholders) or (ii) the maximum number of shares of Stock which the Company can register in connection with such Request
in the Proposed Registration without adverse effect on the offering in the view of the managing underwriters (reduced pro rata as more fully described in subsection (d) of this Section 9) or (iii) the maximum number of shares which
the Senior Management Stockholder (pro rata based upon the aggregate number of shares of Stock the Senior Management Stockholder and Other Management Stockholders have requested to be registered) is permitted to register under the Piggyback
Registration Rights. 

 (d) If a Proposed Registration involves an underwritten offering and the managing
underwriter advises the Company in writing that, in its opinion, the number of shares of Stock requested to be included in the Proposed Registration exceeds the number which can be sold in such offering, so as to be likely to have an adverse effect
on the price, timing or distribution of the shares of Stock offered in such Public Offering as contemplated by the Company, then, unless the managing underwriter advises that marketing factors require a different allocation, the Company will include
in the Proposed Registration (i) first, 100% of the shares of Stock the Company proposes to sell and (ii) second, to the extent of the number of shares of Stock requested to be included in such registration which, in the opinion of such
managing underwriter, can be sold without having the adverse effect referred to above, the number of shares of Stock which the selling holders of Registrable Securities, the Senior Management Stockholder and all Other Management Stockholders who are
entitled to piggyback or incidental registration rights in respect of Stock and any other Persons who are entitled to piggyback or incidental registration rights in respect of Stock (together, the “Holders”) have requested to be
included in the Proposed Registration, such amount to be allocated pro rata among all requesting Holders on the basis of the relative number of shares of Stock then held by each such Holder (including upon exercise of all exercisable Options)
(provided that any shares thereby allocated to any such Holder that exceed such Holder’s request will be reallocated among the remaining requesting Holders in like manner); provided that any Holder that is allocated less than 100%
of the shares in such Holder’s request, shall be entitled to transfer that number of shares equal to the difference between such Holder’s requested number of shares (up to the maximum provided for under this Section 9) and the number
actually transferred by such Holder in the Proposed Registration, following the expiration of any lock-up period. 
 (e) Upon
delivering a Request a Senior Management Stockholder or other Management Stockholder having Piggyback Registration Rights pursuant to clause (b) of this Section 9 will, if requested by the Company, execute and deliver a custody agreement
and power of attorney having customary terms and in form and substance reasonably satisfactory to the Company with respect to the shares of Stock to be registered pursuant to this Section 9 (a “Custody Agreement and Power of
Attorney”). The Custody Agreement and Power of Attorney will provide, among other things, that the Senior Management Stockholder or Management Stockholder, as the case may be, will deliver to and deposit in custody with the custodian and
attorney-in-fact named therein a certificate or certificates (to the extent applicable) representing such shares of Stock (duly endorsed in blank by the registered owner or owners thereof or accompanied by duly executed stock powers in blank) and
irrevocably appoint said custodian and attorney-in-fact as the Senior Management Stockholder’s or Management Stockholder’s agent and attorney-in-fact with full power and authority to act under the Custody Agreement and Power of Attorney on
the Senior Management Stockholder’s or Management Stockholder’s behalf with respect to the matters specified therein. 

(f) The Management Stockholder agrees that he will execute such other agreements as the Company may reasonably request to further
evidence the provisions of this Section 9, including reasonable and customary lock-up agreements; provided that Parent and its Affiliates enter into a similar agreement if requested by the managing underwriter. 

(g) Notwithstanding Section 12(l) of the Registration Rights Agreement, this Section 9 will terminate on the date on which such
Management Stockholder ceases to own any Registrable Securities. 

 10. Additional Rights of Management Stockholders. Notwithstanding anything herein to
the contrary, in the event that the Company receives notice of any event giving rise to piggyback registration rights of Senior Management Stockholders in Section 9 hereof, the Board shall promptly (and in event within such period of time to
allow the Management Stockholder to exercise such right, if applicable) after being informed of such notice consult with the Chief Executive Officer and the Chief Financial Officer of the Company to determine whether and to what extent any such
rights shall be granted to the Management Stockholder and the Other Management Stockholders who are not Senior Management Stockholders. Any such grant shall be effective upon, and to the extent set forth in, any applicable resolution passed by the
Board, and the Company shall give prompt notice to the Management Stockholder and the Other Management Stockholders of the adoption thereof. 

11. Rights to Negotiate Repurchase Price. Nothing in this Agreement shall be deemed to restrict or prohibit the Company from
purchasing, redeeming or otherwise acquiring for value shares of Stock or Options from the Management Stockholder, at any time, upon such terms and conditions, and for such price, as may be mutually agreed upon in writing between the Parties,
whether or not at the time of such purchase, redemption or acquisition circumstances exist which specifically grant the Company the right to purchase, or the Management Stockholder the right to sell, shares of Stock or any Options under the terms of
this Agreement; provided that no such purchase, redemption or acquisition shall be consummated, and no agreement with respect to any such purchase, redemption or acquisition shall be entered into, without the prior approval of the Board.

 12. Notice of Change of Beneficiary. Immediately prior to any transfer of Stock to a Management Stockholder’s
Trust, the Management Stockholder shall provide the Company with a copy of the instruments creating the Management Stockholder’s Trust and with the identity of the beneficiaries of the Management Stockholder’s Trust. The Management
Stockholder shall notify the Company as soon as practicable prior to any change in the identity of any beneficiary of the Management Stockholder’s Trust. 

13. Recapitalizations, etc. The provisions of this Agreement shall apply, to the full extent set forth herein with respect to the
Stock or the Options, to any and all shares of capital stock of the Company or any capital stock, partnership units or any other security evidencing ownership interests in any successor or assign of the Company (whether by merger, consolidation,
sale of assets or otherwise) which may be issued in respect of, in exchange for, or substitution of the Stock or the Options by reason of any stock dividend, split, reverse split, combination, recapitalization, liquidation, reclassification, merger,
consolidation or otherwise. 
 14. Management Stockholder’s Employment by the Company. Nothing contained in this
Agreement (a) obligates the Company or any subsidiary of the Company to employ the Management Stockholder in any capacity whatsoever or (b) prohibits or restricts the Company (or any such subsidiary) from terminating the employment of the
Management Stockholder at any time or for any reason whatsoever, with or without Cause, and the Management Stockholder hereby acknowledges and agrees that neither the Company nor any other Person has made any representations or promises whatsoever
to the Management Stockholder concerning the Management Stockholder’s employment or continued employment by the Company or any subsidiary of the Company. 

 15. Binding Effect. The provisions of this Agreement shall be binding upon and accrue
to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns. In the case of a transferee permitted under Section 2(a) or Section 3(a) (other than clauses (iii) or (iv) thereof)
hereof, such transferee shall be deemed the Management Stockholder hereunder; provided, however, that no transferee (including without limitation, transferees referred to in Section 2(a) or Section 3(a) hereof) shall derive
any rights under this Agreement unless and until such transferee has delivered to the Company a valid undertaking and becomes bound by the terms of this Agreement. No provision of this Agreement is intended to or shall confer upon any Person other
than the Parties any rights or remedies hereunder or with respect hereto. 
 16. Amendment. This Agreement may be amended
by the Company at any time with the consent of the majority of the Management Stockholders on the Executive Committee of the Company (which shall be comprised of the Chief Executive Officer and his direct reports), which consent shall not be
unreasonably withheld; provided that any amendment (i) that materially disadvantages the Management Stockholder shall not be effective unless and until the Management Stockholder has consented thereto in writing and (ii) that
disadvantages a class of stockholders in more than a de minimis way but less than a material way shall require the consent of a majority of the equity interests held by such affected class of stockholders. 

17. Closing. Except as otherwise provided herein, the closing of each purchase and sale of shares of Stock pursuant to this
Agreement shall take place at the principal office of the Company on the tenth business day following delivery of the notice by either Party to the other of its exercise of the right to purchase or sell such Stock hereunder. 

 

	 	18.	Applicable Law; Jurisdiction; Arbitration; Legal Fees. 

(a) The laws of the State of Delaware applicable to contracts executed and to be performed entirely in such state shall govern the
interpretation, validity and performance of the terms of this Agreement. 
 (b) In the event of any controversy among the
parties hereto arising out of, or relating to, this Agreement which cannot be settled amicably by the parties, such controversy shall be finally, exclusively and conclusively settled by mandatory arbitration conducted expeditiously in accordance
with the American Arbitration Association rules by a single independent arbitrator. Such arbitration process shall take place in New York, New York. The decision of the arbitrator shall be final and binding upon all parties hereto and shall be
rendered pursuant to a written decision, which contains a detailed recital of the arbitrator’s reasoning. Judgment upon the award rendered may be entered in any court having jurisdiction thereof. 

(c) Notwithstanding the foregoing, the Management Stockholder acknowledges and agrees that the Company, its subsidiaries, the Investors
and any of their respective affiliates shall be entitled to injunctive or other relief in order to enforce the covenant not to compete, covenant not to solicit and/or confidentiality covenants as set forth in Section 23(a) of this Agreement.

 (d) In the event of any arbitration or other disputes with regard to this Agreement or any other document or agreement
referred to herein, each Party shall pay its own legal fees and expenses, unless otherwise determined by the arbitrator. 

 19. Assignability of Certain Rights by the Company. The Company shall have the right
to assign any or all of its rights or obligations to purchase shares of Stock pursuant to Sections 4, 5 and 6 hereof; provided, however, that no such assignment shall relieve the Company from its obligations thereunder.

  

	 	20.	Miscellaneous. 

 (a) In
this Agreement all references to “dollars” or “$” are to United States dollars and the masculine pronoun shall include the feminine and neuter, and the singular shall include the plural, where the context so indicates.

 (b) If any provision of this Agreement shall be declared illegal, void or unenforceable by any court of competent
jurisdiction, the other provisions shall not be affected, but shall remain in full force and effect. 
 21. Withholding.
The Company or its subsidiaries shall have the right to deduct from any cash payment made under this Agreement to the applicable Management Stockholder Entities any federal, state or local income or other taxes required by law to be withheld with
respect to such payment, if applicable. 
 22. Notices. All notices and other communications provided for herein shall be
in writing. Any notice or other communication hereunder shall be deemed duly given (i) upon electronic confirmation of facsimile, (ii) one business day following the date sent when sent by overnight delivery and (iii) five (5)
business days following the date mailed when mailed by registered or certified mail return receipt requested and postage prepaid, in each case as follows: 
  

	 	(a)	If to the Company, to it at the following address: 

First Data Corporation 

6200 S. Quebec Street 

Greenwood Village, Colorado 80111 

Attention: General Counsel 

Telecopy: 

with copies to: 

Kohlberg Kravis Roberts & Co. L.P. 

9 West
57th Street 

New York, New York 10019 

Attention: Scott Nuttall 

Telecopy: 

and 
 Simpson
Thacher & Bartlett LLP 
 425 Lexington Avenue 

New York, New York 10017 

Attention: Alvin Brown, Esq. 

Telecopy: (212) 455-2502 

 (b) If to the Management Stockholder, to the Management Stockholder at the address set forth
below under the Management Stockholder’s signature; or at such other address as either party shall have specified by notice in writing to the other. 
  

	 	23.	Confidential Information; Covenant Not to Compete; Covenant Not to Solicit. 

(a) In consideration of the Company entering into this Agreement with the Management Stockholder, the Management Stockholder shall not,
directly or indirectly: 
 (i) at any time during or after the Management Stockholder’s employment with
the Company or its subsidiaries, disclose any Confidential Information pertaining to the business of the Company or any of its subsidiaries or the Investors or any of their respective Affiliates, except when required to perform his or her duties to
the Company or one of its subsidiaries, by law or judicial process; 
 (ii) at any time during the
Management Stockholder’s employment with the Company or its subsidiaries and for a period of two (2) years thereafter, directly or indirectly, act as a proprietor, investor, director, officer, employee, substantial stockholder, consultant,
or partner in any business that directly or indirectly competes, at the relevant determination date, with the business of the Company, any Investor or any of their respective Affiliates in any geographic area where the Company or its Affiliates
manufactures, produces, sells, leases, rents, licenses or otherwise provides products or services; 

(iii) at any time during the Management Stockholder’s employment with the Company or its subsidiaries and for a
period of two years thereafter, directly or indirectly (A) solicit customers or clients of the Company, any of its subsidiaries, the Investors or any of their respective Affiliates to terminate their relationship with the Company, any of its
subsidiaries, the Investors or any of their respective Affiliates or otherwise solicit such customers or clients to compete with any business of the Company, any of its subsidiaries, the Investors or any of their respective Affiliates or
(B) solicit or offer employment to any person who is, or has been at any time during the twelve (12) months immediately preceding the termination of the Management Stockholder’s employment employed by the Company or any of its
Affiliates; 

 provided that in each of (ii) and (iii) above, such restrictions shall not apply with
respect to any Investor or any of their Affiliates that is not engaged in any business that competes, directly or indirectly, with the Company or any of its subsidiaries. If the Management Stockholder is bound by any other agreement with the Company
regarding the use or disclosure of Confidential Information, the provisions of this Agreement shall be read in such a way as to further restrict and not to permit any more extensive use or disclosure of Confidential Information. Notwithstanding the
foregoing, for the purposes of Section 23(a)(ii), the Management Stockholder may, directly or indirectly own, solely as an investment, securities of any Person engaged in the business of the Company or its Affiliates which are publicly traded
on a national or regional stock exchange or quotation system or on the over-the-counter market if the Management Stockholder (I) is not a controlling person of, or a member of a group which controls, such person and (II) does not, directly or
indirectly, own 5% or more of any class of securities of such Person. 
 (b) Notwithstanding clause (a) above, if at any
time a court holds that the restrictions stated in such clause (a) are unreasonable or otherwise unenforceable under circumstances then existing, the parties hereto agree that the maximum period, scope or geographic area determined to be
reasonable under such circumstances by such court will be substituted for the stated period, scope or area. Because the Management Stockholder’s services are unique and because the Management Stockholder has had access to Confidential
Information, the parties hereto agree that money damages will be an inadequate remedy for any breach of this Agreement. In the event of a breach or threatened breach of this Agreement, the Company or its successors or assigns may, in addition to
other rights and remedies existing in their favor, apply to any court of competent jurisdiction for specific performance and/or injunctive relief in order to enforce, or prevent any violations of, the provisions hereof (without the posting of a bond
or other security). 
 (c) In the event that the Management Stockholder breaches any of the provisions of Section 23(a), in
addition to all other remedies that may be available to the Company, the Management Stockholder shall be required to pay to the Company any amounts actually paid to him or her by the Company in respect of any repurchase by the Company of any Options
held by such Management Stockholder and, with respect to Stock, the Management Stockholder shall be required to pay to the Company such amounts, if any, that the Management Stockholder received in excess of the price paid by the Management
Stockholder in acquiring such Stock, on a net after-tax basis. 
 24. Effectiveness. Except for Sections 1, 2(a), 2(f),
2(g), 3, 8, 13, 14, 15, 16, 18, 20 and 22 and this Section 24, which shall become effective as of the execution and delivery of this Agreement by the Parties, this Agreement shall become effective upon the Effective Time and prior thereto shall
be of no force or effect. If the Merger Agreement shall be terminated in accordance with its terms prior to the Effective Time, this Agreement shall automatically terminate and be of no force or effect. 

 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above
written. 
  

			
	FIRST DATA HOLDINGS INC.
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	NEW OMAHA HOLDINGS L.P.
	
	By: New Omaha Holdings LLC, its General Partner
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	MANAGEMENT STOCKHOLDER:
	
	  

	Name:	 	

  

	
	ADDRESS:Credit and Security Agreement Second Amendment, dated April 27, 2009

 Exhibit 10.11 

SECOND AMENDMENT AGREEMENT 

This SECOND AMENDMENT AGREEMENT (this “Amendment”) is made as of the
27th day of April, 2009, among: 

(a) SHILOH INDUSTRIES, INC., a Delaware corporation (“Borrower”); 

(b) the Lenders, as defined in the Credit Agreement, as hereinafter defined; 

(c) NATIONAL CITY BANK, as the co-lead arranger, sole book runner and administrative agent for the Lenders under the
Credit Agreement (“Agent”); and 
 (d) THE PRIVATEBANK AND TRUST COMPANY, as the co-lead arranger and
syndication agent. 
 WHEREAS, Borrower, Agent and the Lenders are parties to that certain Credit and Security
Agreement, dated as of August 1, 2008, that provides, among other things, for loans and letters of credit aggregating One Hundred Twenty Million Dollars ($120,000,000), all upon certain terms and conditions (as amended and as the same may from
time to time be further amended, restated or otherwise modified, the “Credit Agreement”); 
 WHEREAS,
Borrower, Agent and the Lenders desire to amend the Credit Agreement to modify certain provisions thereof and add certain provisions thereto; 

WHEREAS, each capitalized term used herein and defined in the Credit Agreement, but not otherwise defined herein, shall
have the meaning given such term in the Credit Agreement; and 
 WHEREAS, unless otherwise specifically provided
herein, the provisions of the Credit Agreement revised herein are amended effective as of the date of this Amendment; 

NOW, THEREFORE, in consideration of the premises and of the mutual covenants herein and for other valuable consideration,
Borrower, Agent and the Lenders agree as follows: 
 1. Addition to Definitions. Section 1.1 of the
Credit Agreement is hereby amended to add the following new definitions thereto: 
 “Auto
Supplier Support Program” means the Auto Supplier Support Program established by the United States Department of the Treasury pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L.
110-343, enacted October 1, 2008), as amended. 
 “Chrysler” means Chrysler LLC, a
Delaware limited liability company. 
 “Chrysler Supplier Purchase Agreement” means
that certain Supplier Purchase Agreement among Borrower, Chrysler Receivables SPV LLC and Citibank, which is being entered into on or about the date hereof in connection with the Auto Supplier Support Program. 

“Citibank” means Citibank, N.A., a national banking association. 

“GM” means General Motors Corporation, a Delaware corporation. 

 “GM Supplier Purchase Agreement” means that
certain Supplier Purchase Agreement among Borrower, GM Supplier Receivables LLC and Citibank, which is being entered into on or about the date hereof in connection with the Auto Supplier Support Program. 

2. Amendment to Financial Statements and Information Provision. Section 5.3 of the Credit Agreement is hereby
amended to add the following new subsection (i) thereto: 
 (i) Accounts Sold Pursuant to
Supplier Purchase Agreements. Borrower shall deliver to Agent, as frequently as Agent may request, but no less frequently than within five days after the end of each calendar month, a report detailing all Account sales made pursuant to the
Chrysler Supplier Purchase Agreement and the GM Supplier Purchase Agreement, including a listing of all such previous Account sales and the payment status of each such Account sale, to be in form and substance reasonably satisfactory to Agent.

 3. Amendment to Merger and Sale of Assets Provision. Section 5.12 of the Credit Agreement is
hereby amended to add the following new subsections (h) and (i) thereto: 
 (h) the
Companies may sell Accounts owed by Chrysler (or any subsidiary or affiliate of Chrysler) pursuant to the Chrysler Supplier Purchase Agreement, so long as: 

(i) unless otherwise agreed to by Agent in writing, all sales are made in accordance with the terms of
“Payment Option 1”, as defined in the Chrysler Supplier Purchase Agreement; and 
 (ii)
the “Designated Account”, as defined in the Chrysler Supplier Purchase Agreement, is at all times (A) a Deposit Account maintained with The PrivateBank and Trust Company (or any other Lender that may from time to time maintain the
cash management of Borrower), and (B) subject to a Control Agreement in favor of Agent and the Lenders; and 

(i) the Companies may sell Accounts owed by GM (or any subsidiary or affiliate of GM) pursuant to the GM
Supplier Purchase Agreement, so long as: 
 (i) unless otherwise agreed to by Agent in writing,
all sales are made in accordance with the terms of “Payment Option 1”, as defined in the GM Supplier Purchase Agreement; and 

(ii) the “Designated Account”, as defined in the GM Supplier Purchase Agreement, is at all times
(A) a Deposit Account maintained with The PrivateBank and Trust Company (or any other Lender that may from time to time maintain the cash management of Borrower), and (B) subject to a Control Agreement in favor of Agent and the Lenders.

 4. Closing Deliveries. Concurrently with the execution of this Amendment, Borrower shall: 

(a) cause each Guarantor of Payment to execute the attached Guarantor Acknowledgment and Agreement; and

 (b) pay all legal fees and expenses of Agent in connection with this Amendment. 

5. Authorization to Execute Lien Priority Agreements. Agent is hereby authorized by the Lenders (a) to
execute and deliver the Chrysler Lien Priority Agreement on behalf of the Lenders, substantially in the form of Exhibit A hereto, and (b) to execute the GM Lien Priority Agreement on behalf of the Lenders, substantially in the form of
Exhibit B hereto. 

 6. Representations and Warranties. Borrower hereby represents and
warrants to Agent and the Lenders that (a) Borrower has the legal power and authority to execute and deliver this Amendment; (b) the officers executing this Amendment have been duly authorized to execute and deliver the same and bind
Borrower with respect to the provisions hereof; (c) the execution and delivery hereof by Borrower and the performance and observance by Borrower of the provisions hereof do not violate or conflict with the Organizational Documents of Borrower
or any law applicable to Borrower or result in a breach of any provision of or constitute a default under any other agreement, instrument or document binding upon or enforceable against Borrower; (d) no Default or Event of Default exists, nor
will any occur immediately after the execution and delivery of this Amendment or by the performance or observance of any provision hereof; (e) each of the representations and warranties contained in the Loan Documents is true and correct in all
material respects as of the date hereof as if made on the date hereof, except to the extent that any such representation or warranty expressly states that it relates to an earlier date (in which case such representation or warranty is true and
correct in all material respects as of such earlier date); (f) Borrower is not aware of any claim or offset against, or defense or counterclaim to, Borrower’s obligations or liabilities under the Credit Agreement or any Related Writing;
(g) this Amendment constitutes a valid and binding obligation of Borrower in every respect, enforceable in accordance with its terms; and (h) both the GM Supplier Purchase Agreement and the Chrysler Supplier Purchase Agreement are, or will
be upon the execution thereof, substantially in the form of Exhibit C hereto. 
 7. Waiver and
Release. Borrower, by signing below, hereby waives and releases Agent and each of the Lenders, and their respective directors, officers, employees, attorneys, affiliates and subsidiaries, from any and all claims, offsets, defenses and
counterclaims of which Borrower is aware, such waiver and release being with full knowledge and understanding of the circumstances and effect thereof and after having consulted legal counsel with respect thereto. 

8. References to Credit Agreement and Ratification. Each reference that is made in the Credit Agreement or any
other Related Writing shall hereafter be construed as a reference to the Credit Agreement as amended hereby. Except as herein otherwise specifically provided, all terms and provisions of the Credit Agreement are confirmed and ratified and shall
remain in full force and effect and be unaffected hereby. This Amendment is a Related Writing. 
 9.
Counterparts. This Amendment may be executed in any number of counterparts, by different parties hereto in separate counterparts and by facsimile signature, each of which when so executed and delivered shall be deemed to be an original and
all of which taken together shall constitute but one and the same agreement. 
 10. Headings. The
headings, captions and arrangements used in this Amendment are for convenience only and shall not affect the interpretation of this Amendment. 

11. Severability. Any term or provision of this Amendment held by a court of competent jurisdiction to be invalid
or unenforceable shall not impair or invalidate the remainder of this Amendment and the effect thereof shall be confined to the term or provision so held to be invalid or unenforceable. 

12. Governing Law. The rights and obligations of all parties hereto shall be governed by the laws of the State of
Ohio, without regard to principles of conflicts of laws. 
 [Remainder of page intentionally left blank.] 

 JURY TRIAL WAIVER. BORROWER, AGENT AND THE LENDERS, TO THE EXTENT
PERMITTED BY LAW, EACH HEREBY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG BORROWER, AGENT AND THE LENDERS, OR ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED
TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS AMENDMENT OR ANY NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS RELATED THERETO. THIS WAIVER SHALL
NOT IN ANY WAY AFFECT, WAIVE, LIMIT, AMEND OR MODIFY AGENT’S OR ANY LENDER’S ABILITY TO PURSUE REMEDIES PURSUANT TO ANY CONFESSION OF JUDGMENT OR COGNOVIT PROVISION CONTAINED IN ANY NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT AMONG
BORROWER, AGENT AND THE LENDERS. 
 IN WITNESS WHEREOF, the parties have executed and delivered this Amendment
in Cleveland, Ohio as of the date first set forth above. 
  

			
	 SHILOH INDUSTRIES, INC.

		
	 By:
	 	 /s/ Thomas M. Dugan

		 	 Thomas M. Dugan

		 	 Treasurer

	
	 NATIONAL CITY BANK,
as Agent and as a Lender

		
	 By:
	 	 /s/ Robert S. Coleman

		 	 Robert S. Coleman

		 	 Senior Vice President

	
	 THE PRIVATEBANK AND TRUST COMPANY,
as Syndication Agent and as a Lender

		
	 By:
	 	 /s/ Robert M. Walker

		 	 Robert M. Walker

		 	 Managing Director

  

 Signature Page to 1 of 2 

Second Amendment Agreement 

			
	 FIRSTMERIT BANK, N.A.

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 KEYBANK NATIONAL ASSOCIATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 RBS CITIZENS, NATIONAL ASSOCIATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

 

 Signature Page to 2 of 2 

Second Amendment Agreement 

 ACKNOWLEDGMENT AND AGREEMENT 

The undersigned consent and agree to and acknowledge the terms of the foregoing Second Amendment Agreement dated as of
April 27, 2009. The undersigned further agree that the obligations of the undersigned pursuant to the Guaranty of Payment executed by the undersigned are hereby ratified and shall remain in full force and effect and be unaffected hereby.

 The undersigned hereby waive and release Agent and the Lenders and their respective directors, officers,
employees, attorneys, affiliates and subsidiaries from any and all claims, offsets, defenses and counterclaims of any kind or nature, absolute and contingent, of which the undersigned are aware or should be aware, such waiver and release being with
full knowledge and understanding of the circumstances and effect thereof and after having consulted legal counsel with respect thereto. 

JURY TRIAL WAIVER. THE UNDERSIGNED, TO THE EXTENT PERMITTED BY LAW, HEREBY WAIVE ANY RIGHT TO HAVE A JURY
PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT OR OTHERWISE, AMONG BORROWERS, AGENT, THE LENDERS AND THE UNDERSIGNED, OR ANY THEREOF, ARISING OUT OF, IN CONNECTION WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP
ESTABLISHED AMONG THEM IN CONNECTION WITH THIS AMENDMENT OR ANY NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS RELATED THERETO. THIS WAIVER SHALL NOT IN ANY WAY AFFECT, WAIVE, LIMIT,
AMEND OR MODIFY THE ABILITY OF AGENT AND LENDERS TO PURSUE REMEDIES PURSUANT TO ANY CONFESSION OF JUDGMENT OR COGNOVIT PROVISION CONTAINED IN ANY NOTE OR OTHER INSTRUMENT, DOCUMENT OR AGREEMENT BETWEEN BORROWER, AGENT AND LENDERS. 

 

									
	 SHILOH CORPORATION
	 		 	 GREENFIELD DIE & MANUFACTURING CORP.

					
	 By:
	 	 /s/ Thomas J. Stecz
	 		 	 By:
	 	 /s/ Thomas J. Stecz

		 	 Thomas J. Stecz
	 		 		 	 Thomas J. Stecz

		 	 Treasurer
	 		 		 	 Treasurer

			
	 JEFFERSON BLANKING INC.
	 		 	 SHILOH AUTOMOTIVE, INC.

					
	 By:
	 	 /s/ Thomas M. Dugan
	 		 	 By:
	 	 /s/ Thomas J. Stecz

		 	 Thomas M. Dugan
	 		 		 	 Thomas J. Stecz

		 	 Assistant Secretary
	 		 		 	 Treasurer

					
	 By:
	 	 /s/ Thomas J. Stecz
	 		 		 	
		 	 Thomas J. Stecz
	 		 		 	
		 	 Treasurer
	 		 		 	

  

 Signature Page 1 of 2 to 

Acknowledgement and Agreement 

									
	 SHILOH INDUSTRIES, INC. DICKSON MANUFACTURING DIVISION
	 		 	 LIVERPOOL COIL PROCESSING, INCORPORATED

					
	 By:
	 	 /s/ Thomas J. Stecz
	 		 	 By:
	 	 /s/ Thomas J. Stecz

		 	 Thomas J. Stecz
	 		 		 	 Thomas J. Stecz

		 	 Treasurer
	 		 		 	 Treasurer

			
	 MEDINA BLANKING, INC.
	 		 	 THE SECTIONAL DIE COMPANY

					
	 By:
	 	 /s/ Thomas J. Stecz
	 		 	 By:
	 	 /s/ Thomas J. Stecz

		 	 Thomas J. Stecz
	 		 		 	 Thomas J. Stecz

		 	 Treasurer
	 		 		 	 Treasurer

				
	 SECTIONAL STAMPING, INC.
	 		 		 	
					
	 By:
	 	 /s/ Thomas J. Stecz
	 		 		 	
		 	 Thomas J. Stecz
	 		 		 	
		 	 Treasurer
	 		 		 	

  

 Signature Page 2 of 2 to 

Acknowledgement and Agreement 

 EXHIBIT A 

CHRYSLER LIEN PRIORITY AGREEMENT 

See attached. 
  

 S-1 

 EXHIBIT B 

GM LIEN PRIORITY AGREEMENT 

See attached. 
  

 S-2 

 EXHIBIT C 

FORM OF SUPPLIER PURCHASE AGREEMENT 

See attached. 
  

 S-3 

 LIEN PRIORITY AND ASSIGNMENT OF PROCEEDS AGREEMENT 

THIS LIEN PRIORITY AND ASSIGNMENT OF PROCEEDS AGREEMENT is made as of
                                 by and between Chrysler Receivables SPV LLC
(“Purchaser”), with an address at 1000 Chrysler Drive, Auburn Hills, MI 48386,
                                 (“Debtor”), with an address at
                                 , Citibank, N.A., a national banking association
(“Servicer”), with an address at 3S8 Greenwich Street, New York, NY 10013 and National City Bank, as agent (“Creditor”) with an address at 1900 East Ninth Street, Cleveland, Ohio 44114-3484. 

RECITALS: 
  

	 	 A.
	 Creditor has loaned, extended credit or otherwise agreed to become a creditor of Debtor and has received, in connection therewith, a security
interest in certain property of Debtor, including accounts receivable owed to Debtor by one or more account debtors including Chrysler LLC, a Delaware limited liability company (together with its subsidiaries and affiliates, “OEM”)
(such receivables, including related security and the proceeds thereof, the “Creditor Receivables”). 

  

	 	 B.
	 Purchaser from time to time wishes to purchase from Debtor and Debtor wishes to sell to Purchaser, per the terms of that certain Supplier Purchase
Agreement between Purchaser, Debtor and Servicer, (as may be amended, restated, supplemented or otherwise modified from time to time, the “SPA”), certain accounts receivable owed to Debtor by OEM (such receivables, including related
security and the proceeds thereof, the “Purchaser Receivables”). 

  

	 	 C.
	 It is the desire and intention of the parties hereto to establish, as between themselves, the priority, operation and effect of the security and
other interests of Creditor and Purchaser in the Creditor Receivables (including, without limitation, the Purchaser Receivables). 

  

	 	 D.
	 Debtor, Purchaser and OEM are participating in the United States Department of the Treasury (“UST”) Auto Supplier Support Program,
certain terms of winch are outlined in Annex A hereto (the “Program Terms”). 

  

	 	 E.
	 Creditor requires that Debtor assign its rights under the SPA to receive payment from Purchaser of the purchase price for the Purchaser Receivables.

 NOW, THEREFORE, intending to be legally bound hereby, the parties hereto agree as follows: 

 

	 	 1.
	 Creditor hereby consents to the sale by Debtor and purchase by Purchaser, from time to time, of the Purchaser Receivables.

  

	 	 2.
	 Effective upon the purchase by Purchaser of the Purchaser Receivables, Creditor agrees that the security interest of Creditor in the Purchaser
Receivables is hereby released automatically and without further action by Creditor or Debtor. If for any reason such purchase of Purchaser Receivables by Purchaser is judicially
re-

	 	
characterized as a grant of collateral by Debtor to secure a financing, then Creditor agrees that its interest in the Purchaser Receivables is hereby made subordinate, junior and inferior, and
postponed in priority, operation and effect, to the security interest of Purchaser in such Purchaser Receivables. Purchaser agrees that any interest it may have in Creditor Receivables (other than Purchaser Receivables) is hereby made subordinate,
junior and inferior, and postponed in priority, operation and effect, to the security interest of Creditor in the Creditor Receivables. 

  

	 	 3.
	 As additional security for the indebtedness of Debtor to Creditor, Debtor hereby assigns to Creditor and grants Creditor a security interest in all
of the rights of Debtor in and to proceeds or monies due under the SPA. 

  

	 	 4.
	 Servicer and Purchaser acknowledge the foregoing assignment and grant of security interest to Creditor of such funds, moneys and claims for money
due or to become due to Debtor under the SPA and Servicer agrees to remit such amounts to the Designated Account (as such term is defined in the SPA). 

  

	 	 5.
	 Upon remittance of the purchase price relating to any Purchaser Receivable to the Designated Account, Servicer and Purchaser shall each be released
and discharged of its obligations to Debtor and Creditor with respect to such Purchaser Receivable. 

  

	 	 6.
	 Creditor and Debtor each hereby agree to indemnify and to hold Servicer and Purchaser harmless from any and ail liability or expense which may be
incurred by reason of Servicer’s and Purchaser’s recognition of this Agreement and of the security interest herein contained and the making of remittances to the Designated Account as herein provided. The foregoing indemnity shall survive
the termination of this Agreement. 

  

	 	 7.
	 The priority and release in the Creditor Receivables and Purchaser Receivables set forth above are notwithstanding the operation or provisions of
applicable law, the time, order or method of attachment or perfection of security interests or the time and order of filing of financing statements or any other liens held by the parties, whether under the- Uniform Commercial Code or other
applicable law. 

  

	 	 8.
	 Creditor and Purchaser agree that neither shall challenge, contest, or join or support any other person in challenging or contesting, whether
directly or indirectly, the validity, perfection, priority or enforceability of the other party’s security interest in the Purchaser Receivables or the Creditor Receivables, as applicable, in a manner inconsistent with this Agreement.

  

	 	 9.
	 Purchaser agrees to immediately turn or pay over to Creditor any amounts that may come into its possession that derive from Creditor Receivables
other than Purchaser Receivables. Creditor agrees to immediately turn or pay over to Purchaser any amounts that may come into its possession that derive from Purchaser Receivables, Except as set forth above, neither party shall have any

  

 2 

	 	
other duty or obligation of any other nature, including with respect to the attachment or creation of any other party’s security interest or any credit decisions of such other party with
respect to Debtor. Creditor acknowledges that Purchaser and Debtor have business relationships in addition to the purchase and sale of the Purchaser Receivables. 

 

	 	 10.
	 This Agreement shall remain in effect for as long as the SPA remains in effect or amounts remain outstanding with respect to Purchaser Receivables
purchased by Purchaser, whichever is later (including during a bankruptcy proceeding involving Debtor). This Agreement will be binding upon and inure to the benefit of Creditor and Purchaser and their respective successors and assigns.

  

	 	 11.
	 All notices, demands, requests, consents, approvals and other communications required or permitted hereunder (“Notices”) must be in
writing and will be effective upon receipt. Notices may be given in any manner to which the parties may agree. Without limiting the foregoing, first-class mail, facsimile transmission and commercial courier service are hereby agreed to as acceptable
methods for giving Notices. Regardless of the manner in which provided, Notices may be sent to a party’s address set forth above or to such other address as any party may give to the other in writing for such purpose in accordance with this
Section, 

  

	 	 12.
	 This Agreement (including the documents and instruments referred to herein) constitutes the entire agreement and supersedes all other prior
agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof. 

  

	 	 13.
	 This Agreement may be executed in any number of counterparts, which taken together shall constitute a single copy of this Agreement.

  

	 	 14.
	 This Agreement is governed by the laws of the State of New York. Purchaser and Creditor agree that any New York State or Federal court sitting in
New York City shall have non-exclusive jurisdiction to settle any dispute in connection with this Agreement, and the parties hereby submit to the jurisdiction of those courts. Purchaser and Creditor each waive any right to immunity from jurisdiction
to which it may be entitled (including, to the extent applicable, immunity from pre-and post-judgment attachment and execution.) 

  

	 	 15.
	 As additional collateral for loans received pursuant to the Program Terms, the Purchaser has collaterally assigned this Agreement to UST. The
Creditor hereby acknowledges and consents to such assignment. 

  

 3 

 IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement as of the date
and year first above written. 
  

									
	 NATIONAL CITY BANK (Creditor)
	 		 	 CHRYSLER RECEIVABLES SPV LLC

	 as agent
	 		 		 	
					
	 By:
	 	 /s/ Robert S. Coleman
	 		 	 By:
	 	  

	 Print Name:
	 	 Robert S. Coleman
	 		 	 Print Name:
	 	  

	 Title:
	 	 Senior Vice President
	 		 	 Title:
	 	
	 Phone:
	 	 216-222-9714
	 		 	 Phone:
	 	
			
	 Shiloh Industries Inc. (Debtor)
	 		 	 CITIBANK, N.A.

					
	 By:
	 	 /s/ Thomas Dugan
	 		 	 By:
	 	  

	 Print Name:
	 	 Thomas Dugan
	 		 	 Print Name:
	 	  

	 Title:
	 	 Treasurer
	 		 	 Title:
	 	
	 Phone:
	 	 330-558-2693
	 		 	 Phone:
	 	

  

 4 

 Annex A 

Auto Supplier Program Terms 

 Execution Version 

PROGRAM TERMS 
  

	 1.
	 THE PROGRAM. 

These Program Terms apply to the Auto Supplier Support Program (the “Program”) established by the United
States Department of the Treasury (the “Lender” or “UST”) pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L. 110-343, enacted October 1, 2008), as
amended (“EESA”), in which Chrysler Receivables SPV LLC, a Delaware limited liability company (the “Borrower”), a wholly-owned subsidiary of Chrysler LLC, a Delaware limited liability company (the
“OEM”), is a participant. 
  

	 2.
	 CERTAIN AGREEMENTS RELATED TO THE
PROGRAM. 

 In connection with the
Program, the Lender, the Borrower, the OEM, Citibank, N.A., a national banking association (“Citi”), and Eligible Suppliers (defined below) are entering into certain agreements, including, among others: 

(a)    that certain Credit Agreement dated as of April 7, 2009 between the Borrower and the
Lender (the “Credit Agreement”); 
 (b)    that certain Security Agreement,
of even date with the Credit Agreement, among the Borrower, the Lender, Citi as servicer for the Borrower pursuant to the Servicing Agreement defined below (in such capacity, the “Servicer”) and Citi as Collateral Agent (in such
capacity, the “Collateral Agent”) (the “Security Agreement”); 

(c)    that certain Pledge Agreement, of even date with the Credit Agreement, among the OEM, the
Lender, the Servicer and the Collateral Agent (the “Pledge Agreement”); 

(d)    that certain Servicing Agreement, of even date with the Credit Agreement, between the Servicer
and the Borrower (the “Servicing Agreement”); 
 (e)    from time to time.
Supplier Purchase Agreements each among the Borrower, Citi and an Eligible Supplier, in substantially the form attached as Exhibit F of the Credit Agreement (each, a “Supplier Agreement”); and 

(f)    that certain Paying Services and Supplier Designation Agreement, of even date with the Credit
Agreement, between the OEM and Citi as Paying Agent for the OEM (in such capacity, the “Paying Agent”) (the “Paying Services Agreement”). 

All references to the agreements identified above in this Section 2 shall, unless otherwise specified, be deemed to
refer to such agreements as amended, supplemented, restated’ or otherwise modified from time to time, or any successor or replacement 

 
agreement which may be entered into from time to time, subject in each case to any applicable limitations specified herein or therein. 

 

	 3.
	 DEFINED TERMS. 

In addition to the terms previously defined above, the following terms have the following respective meanings: 

(a)    “Adverse Claim”: any mortgage, pledge, security interest, hypothecation,
assignment, encumbrance or Hen of or on any Person’s assets or properties in favor of any other Person, other man a tax, mechanics’ or other lien or encumbrance that attaches by operation of law or any subordinated lien permitted under a
Lien Priority Agreement. 
 (b)    “Affiliate”: as to any Person, any other
Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the
direction of the management and policies of such Person, whether by contract or otherwise. 

(c)    “Business Day” means a day other than a Saturday, Sunday, a Federal holiday
or other day on which commercial banks in New York City are authorized or required by law to close. 

(d)    “Credit Memo Receivable”: means a payment from the OEM to a Supplier
representing an adjustment to an existing or past Receivable as a result of missing invoices, incorrect receipt of goods, vendor scrap or other adjustments resulting from price changes, quantity discrepancies or vendor returns. 

(e)    “Due Date”: with respect a Payment Instruction or a Payment Notification, the
Business Day on which the payment obligation of the OEM in respect of that Payment Instruction or Payment Notification, as the case may be, will be due and payable, that date being the earlier of: 

 

	 	 (i)
	 the date specified in the Payment Instruction or Payment Notification, as the case may be, for payment or if such date is not a Business Day, the
first Business Day following that date and 

  

	 	 (ii)
	 the date that is two (2) Business Days before the Maturity Date. 

(f)    “Eligible Receivable”: shall mean a Receivable which satisfies the following
criteria: 
  

	 	 (i)
	 it constitutes a trade account receivable representing a valid obligation of OEM to make payment in United States Dollars to the Eligible Supplier
for goods shipped or delivered or services rendered to the OEM; 

  

 -2- 

	 	 (ii)
	 unless such Receivable is a Credit Memo Receivable, it was originated (A) not before March 19, 2009 and (B) not more than 20 Business
Days prior to the Purchase Date thereof in the ordinary course of the Eligible Supplier’s business; provided, however, that the foregoing clause (B) shall not apply to Receivables the Purchase Date of which occurs on or before May 4,
2009; 

  

	 	 (iii)
	 unless such Receivable is a Credit Memo Receivable, it has a Due Date at least 30 days after the date of its origination and not later than the
earlier of (A) the date occurring 90 days after the date of its origination and (B) the date 2 Business Days prior to the Maturity Date; 

  

	 	 (iv)
	 it arises under an Underlying Contract (A) which, together with such Receivable, is in. full force and effect and constitutes the genuine,
legal, valid and binding payment obligation in writing of the OEM, enforceable against the OEM in accordance with its terms and (B) with respect to which, no material default or breach by the OEM under the terms thereof has occurred;

  

	 	 (v)
	 such Receivable, together with the Underlying Contract related thereto, complied at the time it was originated or made and, as of such Purchase
Date, complies in all material respects with all requirements of, and does not contravene in any material respect any, applicable federal, state or local laws and regulations; 

 

	 	 (vi)
	 it has not been satisfied, subordinated, rescinded, or otherwise compromised; 

 

	 	 (vii)
	 it is not subject to any counterclaim, contra-account, volume rebate, cooperative advertising accrual, deposit or offset;

  

	 	 (viii)
	 it does not arise from a bill-and-hold, guaranteed sale, sale-or-return, sale-on-approval, consignment or similar transaction and is not subject to
repurchase, return, rejection, repossession, loss or damage; 

  

	 	 (ix)
	 it represents a final sale with respect to which the goods giving rise to the Receivable have been delivered to and accepted by the OEM or the
service giving rise to the Receivable has been completely performed to the satisfaction of the OEM; 

  

	 	 (x)
	 it is not evidenced by a note or other instrument or chattel paper or reduced to judgment; 

 

	 	 (xi)
	 it is not by contract, subrogation, mechanics’ lien laws or otherwise, subject to claims by the Eligible Supplier’s creditors or

  

 -3- 

	 	
other third parties, except for any subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xii)
	 it does not constitute a service charge, warranty charge or similar charge; 

 

	 	 (xiii)
	 it does not represent an accord and satisfaction in respect of any prior Receivable; 

 

	 	 (xiv)
	 it has not been amended in any respect such that the Principal Balance thereof has been modified; 

 

	 	 (xv)
	 it is not subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to it;

  

	 	 (xvi)
	 it is not the subject of any pending or threatened litigation; 

 

	 	 (xvii)
	 it is free and clear of any Adverse Claim other than (x) the security interest therein then being granted to Purchaser or (y) any
subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xviii)
	 as to which Receivable, all filings (including UCC filings) necessary in any jurisdiction to give the Purchaser a first perfected ownership interest
in such Receivable shall have been made; 

  

	 	 (xix)
	 as of the Purchase Date thereof, the Credit Agreement has not terminated and no notice of termination of the Commitment (as defined in the Credit
Agreement) has been given by the Lender thereunder; and 

  

	 	 (xx)
	 as of the Purchase Date thereof the OEM was not the subject of any bankruptcy, insolvency or reorganization proceeding or any other proceeding
seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property; 

provided, that, in the context of any representation or warranty made by the OEM or the Borrower in, or pursuant
to, any Transaction Document that any Receivable is an Eligible Receivable., the OEM or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in clause (xi) of the definition of
“Eligible Receivable” to the knowledge of the OEM and the Borrower; and 
 provided, further,
in the context of any representation or warranty made by any Person in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have

  

 -4- 

 
represented and warranted as to the matters set forth in clause (xvi) (solely with respect to threatened litigation) to the knowledge of such Person; and 

provided further, that, in the context of any representation or warranty made by the Eligible Supplier in, or
pursuant to, any Supplier Agreement that any Receivable is an Eligible Receivable, the Eligible Supplier shall be deemed to have represented and warranted as to the matters set forth in clauses (xix) and (xx) of the definition of
“Eligible Receivable” to the knowledge of the Eligible Supplier; and 
 provided further, that,
in the context of any representation or warranty made by any Person (other than Citi) in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented
and warranted as to the matters set forth in clause (xviii) of the definition of “Eligible Receivable” to the knowledge of such Person. 
  

	 	 (g)
	 “Eligible Supplier”: a Person that: 

 

	 	 (i)
	 is not an Affiliate of the Borrower or the OEM; 

  

	 	 (ii)
	 is a party to an Underlying Contract; 

  

	 	 (iii)
	 has been designated by the OEM as an “Eligible Supplier” in a written notice to the Servicer for participation in the Program;

  

	 	 (iv)
	 is not an Ineligible Supplier; and 

  

	 	 (v)
	 is (A) a party to a Supplier Agreement, and (B) not in breach of default of any of the representations, warranties or covenants of such
Supplier Agreement; 

 provided that, in the context of any representation or warranty
made by the a Person in, or pursuant to, any Supplier Agreement that such Person is an Eligible Supplier, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (iii) of the definition of
“Eligible Supplier” to the knowledge of such Person. 
 (h)    “Executive
Order 33324” means Executive Order No. 13224, effective as of September 24, 2001 and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism, 66 Fed. Reg.
49079(2001). 
 (i)    “Governmental Authority”: any nation or government,
any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or
pertaining to government, any securities exchange and. any self-regulatory organization. 
  

 -5- 

 (j)    “Immediate Pay Receivable”: any
Purchased Receivable with respect to which the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at or immediately following the sale of such Purchased Receivable to the Borrower (i.e.,
Payment Option 1 under the Supplier Agreement). 
 (k)    “Ineligible
Person”: any Person that: 
  

	 	 (i)
	 is named, identified, described on or included on (A) the list of Specially Designated Nationals promulgated by OFAC from time to time or
(B) any blocked persons list, designated nationals lists, denied persons list entity list debarred party list, unverified list, sanctions list or other list of Persons with whom United States Persons may not conduct business, including lists
published or maintained by the United States Department of Commerce and lists published or maintained by the United States Department of State; 

  

	 	 (ii)
	 is subject to the provisions of, or owned or controlled by or acting for or on behalf of any Person that is subject to the provisions of, Executive
Order 13324; 

  

	 	 (iii)
	 commits, threatens or conspires to commit or threaten “terrorism” (as defined in Executive Order 13324); 

 

	 	 (iv)
	 is subject to trade restrictions under United States law, including, but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§§ 1701 et seq., the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., the foreign assets control regulations of UST (31 C.F.R. Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or
regulations promulgated thereunder (including Executive Order 13224 and the USA PATRIOT Act); or 

  

	 	 (v)
	 is an Affiliate of or affiliated with any Person listed above; 

provided, that, in the context of any representation or warranty made by the OEM or the Borrower in, or pursuant
to, any Transaction Document that any Person is an Eligible Supplier or is not an Ineligible Supplier, the OEM or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in the definition of
“Ineligible Person” to the knowledge of the OEM and the Borrower. 
  

	 	 (1)
	 “Ineligible Supplier”: any Person; 

 

	 	 (i)
	 that is an. Ineligible Person; or 

  

 -6- 

	 	 (ii)
	 as to which UST has notified the OEM, the Borrower and the Servicer, in its capacity as servicer for the Borrower, in writing that UST has
determined, after reasonable consultation with the Borrower and the OEM, that such Person is not eligible for participation in the Program; provided, that such determination shall ultimately rest with UST in its sole discretion, notwithstanding any
consultation with the Borrower or OEM. 

  

	 	 (m)
	 “Insolvency Event” means, with respect to a specified Person: 

 

	 	 (i)
	 the commencement of any case, proceeding or other action by such Person (A) under any existing or future law of any jurisdiction, domestic or
foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment,
winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of
its assets; or 

  

	 	 (ii)
	 the commencement against such Person of any case, proceeding or other action of a nature referred to in clause (i) above that (A) results
in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 90 days; or 

 

	 	 (iii)
	 the commencement against such Person of any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or
similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 90 days from the entry thereof; or

  

	 	 (iv)
	 such Person (excluding the OEM) taking any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts
set forth in clause (i). (ii), or (iii) above; or 

  

	 	 (v)
	 such Person (excluding the OEM) generally not, or being unable to, or admitting in writing its inability to, pay its debts as they become due; or

  

	 	 (vi)
	 such Person making a general assignment for the benefit of its creditors. 

(n)    “Lien Priority Agreement” means a Lien Priority Agreement between any
Supplier and a creditor of such Supplier in the form attached as Exhibit C to the Servicing Agreement. 
  

 -7- 

 (o)    “Maturity Date”; April 7,
2010, and any extensions of such date pursuant to the Credit Agreement. 

(p)    “OFAC” means the Office of Foreign Assets Control of UST. 

(q)    “Pay at Maturity Receivable”: any Purchased Receivable with respect to which
the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at the Due Date thereof (i.e., Payment Option 2 under the Supplier Agreement). 

(r)    “Payment Instruction”: as defined in the Paying Services Agreement.

 (s)    “Person”: an individual, partnership, corporation, limited
liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 

(t)    “Principal Balance” of a Receivable means the face amount of such Receivable
specified in the associated Payment Instructions. 
 (u)    “Purchase Date”
means, with respect to any Eligible Receivable, the date such Eligible Receivable becomes a Purchased Receivable. 

(v)    “Purchase Price”; as defined in the Supplier Agreements. 

(w)    “Purchased Receivables”; Eligible Receivables purchased by Borrower from time
to time pursuant to any Supplier Agreement. 
 (x)    “Purchaser”:
Borrower, in its capacity as the “Purchaser” under any Supplier Agreement. 

(y)    “Receivables” means accounts, instruments, documents, contract rights,
general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to a Supplier by OEM, whether now existing or hereafter created, that
represent bona fide obligations of OEM arising out of the Supplier’s sale and delivery of goods or services, together with the Related Security, and with respect to each of the foregoing, all proceeds thereof. 

(z)    “Related Security” means, with respect to any Receivable (i) all of the
related Supplier’s interest in any merchandise (including returned merchandise) relating to any sale giving rise to such Receivable and all of the related Supplier’s rights of reclamation or rights to any administrative expense or priority
claim under section 503(b)(9) of Title II of the United States Code or otherwise with respect to any merchandise relating to any sale giving rise to such Receivable and all administrative claims related thereto arising as a result of any Insolvency
Event with respect to the account debtor of any such Receivable; (ii) all security interests or liens and property subject thereto purporting to secure payment of such Receivable; (iii) all tax refunds and proceeds of insurance with
respect thereto; (iv) all guaranties, insurance, other 
  

 -8- 

 
agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable; and (iv) all books, records and other information relating to such
Receivable. 
 (aa)    “Transaction Documents” has the meaning assigned in
the Credit Agreement. 
 (bb)    “Underlying Contract”: a contract
(including a purchase order or invoice) entered into in the ordinary course of business between an Eligible Supplier and the OEM pursuant to which the Eligible Supplier is entitled to receive payments from the OEM for goods and services provided to
the OEM. 
 (cc)    “USA PATRIOT Act”: the Uniting and Strengthening
America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56. 
  

 -9- 

 SUPPLIER PURCHASE AGREEMENT 

 

									
	 Dated as of
	 	 April 27,
	 	 2009,
	 	 between
	 	 Shiloh Industries Inc,

		 	 month/day
	 	year	 		 	 full, registered legal name of your company (incl. “Inc.”, “LLC” or “Co.” if applicable)

 

									
		 	 , a
	 	     Delaware
	 	 Corp
	 	 (“Supplier”),

	any DBA in parenthesis here [ex: (DBA: ABC Tools)]	 		 	     state of company registration
	 	 type
	 	

 GM Supplier Receivables LLC, a Delaware limited liability company (“Purchaser”),
and Citibank, N.A., a national banking association (“Citibank”). 

 

 BACKGROUND 

A.   
 From time to time Supplier enters into commercial trade transactions with General Motors Corporation, a Delaware corporation (“OEM”) or its Approved Affiliates, if any, for the sale of goods or services, resulting in
Receivables (as defined below) owed by OEM or such Approved Affiliates to Supplier. 

B.  
  OEM is participating in the United States Department of the Treasury (“UST”) Auto Supplier Support Program, certain terms of which are outlined in Annex A hereto (the “Program Terms”). 

C.  
  From time to time Supplier wishes to sell to Purchaser, and Purchaser wishes to purchase from Supplier, certain identified Eligible Receivables (as defined below) that are processed through the System (as defined below), subject to the
Program Terms and the other terms and conditions set forth in this Agreement. 

D.  
  To facilitate the processing of such Eligible Receivables, and payments made with respect thereto, OEM, Supplier and Purchaser intend to utilize one or more computerized settlement systems, including related services, Equipment and
Software (as further defined in Article III of this Agreement and, collectively, the “System”) provided by Citibank. Citibank is prepared to provide to Supplier a license to the System, subject to the terms and conditions set forth
in this Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants, terms, conditions, representations and
warranties contained herein, and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, Supplier, Purchaser and Citibank agree as follows: 

ARTICLE I:  DEFINITIONS 

In this Agreement: 

“Agreement” means
 this Supplier Purchase Agreement, including all Schedules hereto, as amended from time to time. 

“Approved
Affiliate” means each subsidiary or affiliate of OEM, if any, participating in the Auto Supplier Support

 Program with the consent of UST and listed on Schedule II hereto, as the same may be
updated from time to time with the consent of UST. 
 “Business
Day” has the meaning set forth in the Program Terms. 
 
“Collateral Account” means the account established by Purchaser into which Purchaser is required to deposit all amounts
payable to it by OEM or any Approved Affiliate in respect of any Purchased Receivables. 

“Designated
Account” means the bank account identified in the Set-Up Form completed by Supplier in order for Citibank to implement the services contemplated in this Agreement, as such
information may be modified from time to time with prior written notice to Citibank (and following Citibank’s uploading of such information into the System). 

“Discount
Charge” means, with respect to any Receivables that are the subject of any Purchase Offer hereunder, (a) if Payment Option 1 has been elected by Supplier, an amount equal to
3.0% of the face amount of such Receivables or (b) if Payment Option 2 has been elected by Supplier, an amount equal to 2.0% of the face amount of such Receivables. 

“Due
Date” has the meaning set forth in the Program Terms. 
 
“Eligible Receivable” has the meaning set forth in the Program Terms. 

“Equipment” means
 all equipment provided by or on behalf of Citibank to the other Parties for the purpose of accessing or using the System, including all authentication products. 

“Insolvency
Event” has the meaning set forth in the Program Terms. 

“Intellectual Property
Rights” means all rights in inventions, patents, copyrights, design rights, database rights, trademarks and trade names, service marks, trade secrets, know-how and other
intellectual property rights (whether registered or unregistered) and all applications and rights to apply for any of them anywhere in the world that apply to the Licensed Resources.

  

 2 

“Lender”
has the meaning set forth in the Program Terms. 

“License” has
 the meaning set forth in Section 3.1. 
 “Licensed
Resources” means, collectively, the System and the Policies and Procedures. 

“Losses” shall
 mean any claims, liabilities, losses, damages, costs or expenses, including reasonable attorneys’ fees and disbursements, other dispute resolution expenses (including reasonable fees and expenses in preparation for a defense of any
investigation, litigation or proceeding) and costs of collection. 

“Maturity
Date” has the meaning set forth in the Program Terms. 
 
“Message” has the meaning set forth in Section 2.5. 

“NYUCC”
means the Uniform Commercial Code in effect in the State of New York. 

“Party”
or “Parties” means any or all of Supplier, Purchaser or Citibank, as the context requires. 

“Payment
Notification” means, with respect to an Eligible Receivable, the notification sent by Citibank, in its capacity as paying agent for OEM and its Approved Affiliates (the
“Paying Agent”), to Supplier through the System, notifying Supplier that OEM has instructed the Paying Agent to make payment from OEM’s account of a specified amount on the applicable Due Date in payment of such Eligible
Receivable. 
 “Payment Notification Cut-Off
Date” means the last Business Day of the calendar month preceding the Maturity Date. 

“Payment Option
1” and “Payment Option 2” have the meaning set
forth in Section 2.4. 

“Person” has
the meaning set forth in the Program Terms. 
 “Policies and
Procedures” means all tangible printed information (including any in electronic form) provided from time to time by or on behalf of Citibank to the other Parties in connection
with the use of the System. 
 “Purchased Receivable”
 has the meaning set forth in the Program Terms. 

“Purchase
Offer” and “Purchase Price” have the meanings
set forth in Section 2.1. 
 “Qualifying Payment
Notification” means a Payment Notification received by Supplier on or prior to the Payment Notification Cut-Off Date. 

“Receivables” has
 the meaning set forth in the Program Terms. 
 “Related
Security” has the meaning set forth in the Program Terms. 

“Representatives” has
the meaning set forth in the Servicing Agreement. 

 

 “Security
Agreement” has the meaning set forth in the Program Terms. 

“Set-Up
Form” means the program set-up form completed by Supplier in connection with the transactions contemplated hereby. 

“Software” means
 all software, programming or object code provided by or on behalf of Citibank to the other Parties for utilizing a computer or like device to use the System. 

“System” has
 the meaning set forth in the Recitals hereto. 
 ARTICLE II:  RECEIVABLES SALE AND PURCHASE 

2.1    Purchase
Offers.    Upon Supplier’s receipt of a Qualifying Payment Notification, Supplier is deemed to automatically offer to sell to Purchaser the Eligible
Receivables (a “Purchase Offer”) described in such Payment Notification at a price (the
“Purchase Price”) equal to the face amount of such Eligible Receivables as specified in such Qualifying Payment Notification
less the applicable Discount Charge. 

2.2    Agreement to
Purchase.    In accordance with the terms and subject to the conditions hereinafter set forth, upon Supplier’s receipt of a Qualifying Payment Notification,
Purchaser agrees to purchase from Supplier, all of Supplier’s right, title and interest in and to all of the Eligible Receivables described in such Qualifying Payment Notification for a price equal to the Purchase Price. 

2.3    Receivables
Purchase,    (a) Supplier hereby agrees that, simultaneously with receipt of any Qualifying Payment Notification, the Purchase Offer corresponding to such
Qualifying Payment Notification will be deemed accepted by Purchaser and Supplier will be deemed to have (i) transferred to Purchaser all of Supplier’s present and future right, title and interest in, to and under the Eligible Receivables
to which such Qualifying Payment Notification relates, and (ii) provided notice to the Paying Agent of Supplier’s designation of Purchaser as the entity to receive payment of the amount specified in OEM’s Qualifying Payment
Notification with respect to such Eligible Receivables. No further writing shall be necessary to evidence such transfer of ownership. In furtherance of the foregoing, Supplier agrees to sign all such other documents, and take all such further
actions, as Purchaser may reasonably request from time to time to evidence this transfer of ownership. Provided that sufficient funds are made available to Paying Agent by OEM (or, by OEM on behalf of an Approved Affiliate) at or prior to 12:00 noon
New York time one Business Day prior to the Due Date, Citibank shall make payment of OEM’s or such Approved Affiliate’s obligations to the Purchaser or its designee on the Due Date, in accordance with the terms of each Qualifying Payment
Notification, by automated clearing house network or wire transfer of immediately available funds to the Collateral Account. 

  

 3 

 (b)    Supplier hereby agrees that its obligations under this Agreement
and any Purchase Offers issued by it shall not be affected by the invalidity, unenforceability, existence, performance or non-performance of the relevant underlying transaction, which (and any liability for which) shall be between Supplier and OEM
or Approved Affiliate, as the case may be, only (provided that this clause (b) shall not limit Supplier’s liability for any breach of a representation or warranty made by it in this Agreement). 

(c)    It is the intention of Supplier and Purchaser that each purchase and sale of Eligible Receivables pursuant to
this Article II shall constitute a true sale, which sale will be absolute and irrevocable and provide Purchaser with the full benefits and burdens of ownership of such Eligible Receivables. Except as provided in Sections 2.3(d) and
6.5, the sale of Eligible Receivables hereunder is made without recourse to Supplier; provided, however, that such sale does not constitute and is not intended to result in an assumption by Purchaser or Citibank of any obligation of Supplier
or any other person arising in connection with the Eligible Receivables or any other obligations of Supplier. In the event, but only to the extent, that the conveyance of any Eligible Receivables by the Supplier hereunder is characterized by a court
or other governmental authority as a loan rather than a sale, the Supplier shall be deemed hereunder to have granted to Purchaser effective as of the date of the first purchase under this Agreement, a security interest in all of Supplier’s
right, title and interest in, to and under all of the Eligible Receivables sold by it, whether now or hereafter owned, existing or arising. Such security interest shall secure any and all rights of, and payments owed to, Purchaser under this
Agreement, whether now or hereafter existing or arising, due or to become due, direct or indirect, absolute or contingent. Purchaser shall have, in addition to all the other rights and remedies available to Purchaser under this Agreement and
applicable law, all the rights and remedies of a secured party under the NYUCC, and this Agreement shall constitute a security agreement under applicable law. Purchaser will cause all of its applicable books and records (including, computer and
other electronic records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables. 

(d)    If any Receivable for which the Purchaser has paid to Supplier the applicable Purchase Price is subsequently
determined by Purchaser or Citibank not to have been an Eligible Receivable as of the date of the corresponding Purchase Offer, and such failure is a result of the inaccuracy of any of Supplier’s representations or warranties hereunder, then
Supplier agrees that, at Purchaser’s election, Supplier will repurchase the affected Receivable from Purchaser for a price equal to its Purchase Price (provided that Supplier agrees that Purchaser may effect such repurchase by setting off any
obligations, including any obligation to pay any Purchase 

 

 Price, whether then existing or thereinafter arising, owed to Supplier hereunder).
Following the repurchase by Supplier of any ineligible Receivable in accordance with the foregoing, Purchaser and Citibank agree that (i) Citibank will make payment to the Designated Account on the Due Date specified in the Payment Notification
corresponding to such Receivable (to the extent funds are provided for such payment by OEM (or by OEM on behalf of an Approved Affiliate)) or (ii) to the extent OEM has theretofore discharged its (or its Approved Affiliate’s) obligation in
respect of such Receivable by payment to Purchaser, Purchaser shall pay to Supplier an amount equal to such payment received by it from OEM (or, from OEM on behalf of an Approved Affiliate) (in each case, taking into account any setoff exercised in
accordance with the preceding sentence). 
 2.4    Payment of
Purchase Price. 

Important: Supplier must elect either Payment Option 1 (Immediate Payment) or Payment Option 2 (Payment on
Maturity). If no Payment Option is selected by Supplier, Supplier will be deemed to have elected Payment Option 1 (Immediate Payment). The Payment Option selected by Supplier will be applicable to all Eligible Receivables purchased from
Supplier hereunder and may not be modified without the prior written consent of Purchaser and Citibank (such consent not to be unreasonably withheld). 

CHECK ONE BOX BELOW. 

PAYMENT OPTION 1: IMMEDIATE PAYMENT 

x    If Payment Option 1 is elected or deemed to have been elected.
Purchaser shall pay to Supplier the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the fourth Business Day
following Supplier’s receipt of such Purchase Offer. 
 OPTION 2: PAYMENT ON MATURITY 

 ̈    If Payment Option 2 is elected, Purchaser shall pay to Supplier
the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the Due Date. 

Regardless of whether Payment Option 1 or Payment Option 2 is elected (or deemed elected) by Supplier, it is the intention of Supplier
and Purchaser that each purchase and sale of any Eligible Receivables pursuant to this Article II shall constitute a true sale at the time each Purchase Offer is accepted by Purchaser as provided in Section 2.3 above, and at such time, all of
Supplier’s present and future right, title and interest in, to and under such Eligible Receivables shall be deemed transferred to Purchaser, following which Purchaser will have the full benefits and burdens of ownership of such Eligible
Receivables as provided in Section 2.3 above (including 

  

 4 

 
the risk of non-payment by OEM or Approved Affiliate). 

2.5    
Messages.  Supplier shall use the System to send all information,
instructions and messages (“Messages”) under this Agreement (including, without limitation, any updates to the Supplier’s list of personnel authorized to use the System on Supplier’s behalf). Any Message sent by Supplier
via the System is valid and binding on Supplier, and Citibank and Purchaser are entitled to rely thereon, irrespective of any error or fraud contained therein or the identity of the individual who sent the Message, except to the extent that such
error or fraud or use of the System by an unauthorized third party is a result of the failure by Citibank to use commercially reasonable security measures to prevent unauthorized access to the System. Supplier agrees that the act of sending a
Message electronically in accordance with this Agreement is as legally binding as if Supplier had manually executed and delivered that Message in written form, and that Supplier will not contest the validity, legally binding nature or enforceability
of that Message on the basis that the act of sending the Message electronically is invalid or not binding on Supplier. 
 ARTICLE
III:  LICENSE TO THE SYSTEM 

3.1   
 License Grant.  (a)  Subject to the terms and
conditions set forth herein, Citibank hereby grants to Supplier a limited, personal, non-exclusive, nontransferable license and right, without the right to further sublicense, during the term of this Agreement, to access and use the Licensed
Resources, solely for the purposes contemplated by this Agreement (the “License”). Except as expressly set forth in this Agreement, Supplier shall have no other right (including any ownership right or intellectual property right),
title or interest to or in the Licensed Resources or any portion thereof. 
 (b)    Supplier
acknowledges that, as between Citibank and Supplier, all right, title and interest in and to the System, including without limitation, all Intellectual Property Rights therein, are vested, and shall remain vested, in Citibank and its licensors.
Notwithstanding anything to the contrary contained herein and except as otherwise may be expressly agreed in writing, all right, title and interest in and to revisions, upgrades, updates, derivative works and other improvements to the System shall
vest solely in Citibank and its licensors. Except for the grant herein by Citibank to Supplier, nothing in this Agreement shall act to operate as an assignment or other transfer of any of such rights to Supplier. 

3.2    
Usage,    (a)  Supplier shall access and use the System only in accordance with this Agreement and the Policies and Procedures. Supplier shall remain
informed as to any updates to the Policies and Procedures that may be implemented from time to time. Approval of an update shall be deemed to be given by Supplier if Supplier continues to utilize the System subsequent to the publication of any such
update. 

 

 (b)    Supplier shall promptly use any successors, updates, new
releases or replacements of any portion of the Equipment or Software provided to it from time to time by Citibank or otherwise, for use in accessing the System, and cease to use the previous version or release of such portion. 

(c)    Supplier shall have the right under the License to use the content of the System website on a computer screen,
to print reasonable extracts from the website, and to save reasonable copies to its hard drive(s), in each case solely for the purposes contemplated by this Agreement. All other copying, distribution or commercial use of any of the content of the
website is strictly forbidden. Except for the limited right granted by this Section 3.2(c), no other right or license is granted in respect of the content of the website. 

(d)    Supplier shall not have the right to, and shall not, without the written consent of Citibank, alter or modify
the whole or any part of the Licensed Resources. 

3.3    Security.    
Supplier shall safeguard and keep confidential, and put into effect and maintain commercially reasonable security measures to safeguard and keep confidential, the Licensed Resources. In
furtherance of the foregoing, Supplier agrees that: 
 (i) it will not knowingly interfere with, defeat,
circumvent or tamper with any information or instruction that is, by the terms of this Agreement or the Policies and Procedures, to be transmitted through the System, or with the restrictions on use of functionality or access to information on any
portion of the System, or attempt to do so; 
 (ii) it will not knowingly introduce into any portion of the
System any virus or other data or code that harms, or may adversely affect, the operation of the System; and 

(iii) it will ensure that all Messages being communicated by it through the System are sent in accordance with this
Agreement and the Policies and Procedures. 

3.4   
  System Availability.    Supplier acknowledges and
agrees that: (i) Citibank does not represent or warrant that the System will be error-free; and (ii) there will be downtime from time to time when the System cannot be accessed. In addition, Supplier acknowledges and agrees that it is
responsible for providing and maintaining, and Citibank has no liability or responsibility in respect of, equipment not supplied by or on behalf of Citibank, or utility services that Supplier utilizes as a result of its participation in the System
and maintaining a link to the System. Citibank may terminate or suspend Supplier’s access to the Licensed Resources, with immediate effect upon notice to Supplier, in the event any licensor of the Licensed Resources terminates or suspends, as
the case may be, Citibank’s right to provide the Licensed Resources to Supplier or as provided in Section 6.6. Supplier acknowledges and agrees that Purchaser does not make

  

 5 

 
any representation or warranty, and shall have no liability to Supplier, with respect to the System. 

ARTICLE IV:  FEES AND CHARGES 

No processing, licensing or other fees or charges will be payable by Supplier or Purchaser to Citibank hereunder, and other than the
applicable Discount Charge payable by Supplier, no other fees or charges will be payable by Supplier to Purchaser. Purchaser acknowledges that it is paying fees to Citibank pursuant to the terms of the Servicing Agreement. 

ARTICLE V:  REPRESENTATIONS, WARRANTIES AND COVENANTS 

5.1    Mutual Representations and Warranties of the
Parties.  Each Party represents and warrants as follows: (i) it is validly existing and in good standing and has the power to enter into and perform, and has all
necessary authorizations for the entry into, performance and delivery of, this Agreement and the transactions contemplated by this Agreement; (ii) this Agreement constitutes its legal, valid and binding obligation, enforceable in accordance
with the Agreement’s terms; and (iii) its execution, delivery and performance of this Agreement does not contravene its constitutive documents or any contract binding on or affecting it or any of its properties, does not violate any
applicable law, regulation or order, and does not require any notice, filing or other action to or by any governmental authority, except for the financing statements or other instruments or notices referred to in Section 5.3(g). 

5.2    Supplier Representations and
Warranties.  Supplier hereby agrees that, by issuing a Purchase Offer with respect to any Receivable, Supplier will be deemed to have made each of the following
representations and warranties as of the date of such Purchase Offer (and, in the case of the representation in clause (a)(i) below, as of the date any Purchase Price is paid to Supplier hereunder): 

(a)    (i)  Supplier is an Eligible Supplier, and (ii) each Receivable which is the subject of such
Purchase Offer is an Eligible Receivable. 
 (b)    Each such Receivable (i) is the exclusive property
of Supplier, free and clear of all security interests, liens or claims of any kind; (ii) is based on a sale of goods or services that have been delivered to and accepted by OEM or an Approved Affiliate, and complies with all applicable legal
requirements; (iii) constitutes a valid, binding and unconditional obligation of OEM or an Approved Affiliate to pay the full amount of such Receivable, free of any defense, set-off or counterclaim; and (iv) is not disputed by OEM or any
other person, and is not the subject of any legal or arbitral proceeding. 
 (c)    The full and correct
legal name, type of organization, jurisdiction of organization, organizational ID number (if applicable) and mailing address of Supplier as of the date

 hereof are correctly set forth in Schedule I. Supplier has not (i) within the period
of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (ii) except as specified in Schedule I, heretofore changed its name, or (iii) except as specified in Schedule I, heretofore become a
“new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person. 

(d)    With respect to each Receivable purchased by the Purchaser hereunder, the consideration received from the
Purchaser in respect of such Receivable represents adequate consideration and fair and reasonably equivalent value for such Receivable. 

(e)    Supplier is not in breach of any of its obligations under this Agreement. 

5.3    Supplier
Covenants.  Supplier hereby covenants and agrees with the other Parties as follows: 

(a)    Supplier shall use the System solely to settle the purchase of Eligible Receivables as contemplated by this
Agreement and shall not use the System for investment or arbitrage purposes, or for any money laundering purpose, or in contravention of any law or regulation. Supplier shall not use the System in any manner that would violate the Program Terms.

 (b)    Supplier shall comply with all relevant laws and regulations applicable to this Agreement and the
Purchased Receivables and transactions conducted using the System including, without limitation, ail applicable Program Terms and all applicable export control laws, and shall keep its state or other jurisdiction of organization and the office where
it keeps its records concerning the Purchased Receivables at the address set forth in Section 6.9. Supplier shall timely and fully perform and comply with all provisions required to be observed by it under the contracts related to the Purchased
Receivables and promptly inform Purchaser and Citibank of any breach or default by Supplier of any of the terms hereof or thereof. 

(c)    Supplier shall not (i) sell or otherwise dispose of or permit any encumbrance on the Purchased
Receivables other than Purchaser’s interest therein, (ii) amend or extend the payment terms of any Purchased Receivable or (iii) take or omit any action that might in any way prejudice or limit Purchaser’s rights with respect to
any such Receivable or this Agreement. 
 (d)    Supplier shall maintain and implement administrative and
operating procedures, and keep and maintain all documents, books, records and other information reasonably necessary for the collection of all Purchased Receivables, and with respect to compliance of the underlying commercial transactions with
applicable law. Supplier shall retain each record required to be maintained under this Section 5.3(d) during the term of this Agreement and, if applicable, for such longer period

  

 6 

 as may be required by law. Supplier shall make such procedures, documents, books, records
and other information available to Purchaser and its agents, representatives and relevant authorities upon request, and shall allow copies or extracts thereof to be made, as Purchaser deems necessary. All information provided by Supplier to Citibank
or Purchaser from time to time in connection with this Agreement shall be true and accurate in all material respects, and Citibank and Purchaser are hereby authorized from time to time to verify information about Supplier. 

(e)    Supplier will (i) cause all of its applicable books and records (including, computer and other electronic
records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables and will not, and will not permit any Person with which it is consolidated for accounting purposes to, account for or otherwise treat the transactions
hereunder in any manner other than a true sale and absolute transfer of title and beneficial ownership of the Purchased Receivables, and (ii) at Purchaser’s request, transfer possession to Purchaser of all the receipts, order slips,
acceptances, and other records or documentation pertaining to the sale of goods or services to which such Receivables relate. Supplier shall maintain procedures (including, without limitation, an ability to recreate records evidencing specific
Purchased Receivables and related contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information that are reasonably necessary for collecting all Purchased Receivables
(including, without limitation, records adequate to permit the daily identification of each Purchased Receivable and all collections or adjustments with respect thereto). 

(f)    Without at least 30 days’ prior written notice to Citibank and Purchaser, Supplier shall not
(i) change its location (as defined in Section 9-307 of the NYUCC), or (ii) change its name from the name shown as its current legal name on Schedule I. 

(g)    Supplier hereby irrevocably authorizes Purchaser, in its sole discretion, to file (or cause to be filed) one
or more financing statements (and other similar instruments) and amendments thereto, relative to all or any part of the Purchased Receivables, without the signature of Supplier, to the extent permitted by applicable law. If not so permitted by
applicable law, or in such other circumstances as Purchaser may reasonably request, Supplier will execute and file any such financing statements and amendments thereto, and such other instruments or notices and take such other actions as Purchaser
may reasonably request, as may be necessary or appropriate to perfect and maintain the perfection of Purchaser’s ownership and security interest in such Receivables. 

ARTICLE VI:  MISCELLANEOUS 

 

 6.1    Waivers;
Severability.  No delay or failure of any Party hereto in exercising any right, privilege or option under this Agreement shall operate as a waiver of such or of any other
right, privilege, or option. If any provision of this Agreement is or becomes illegal or invalid under any applicable law, the validity of the remaining provisions shall not be affected thereby. 

6.2    Limitation on Liability.    
(a) Citibank and Purchaser shall be entitled to rely on any communication sent by Supplier, irrespective of any error or fraud contained in the communication or the identity of the
individual who sent the communication, and shall not be liable for any action taken or omitted in reliance on any notice, direction, consent, certificate, affidavit, statement, designation or other paper or document reasonably believed by it to be
genuine and to have been duly and properly signed or presented to it by Supplier. 
 (b)    Except for
liabilities to third parties relating to defense and indemnification obligations hereunder, no Party shall be liable to any other Party or responsible for any loss of business or profits, revenue or goodwill, or any indirect or consequential,
special, exemplary or punitive losses or damages, whether arising from negligence, breach of contract or otherwise, even if informed of the possibility of those losses or damages. 

(c)    Citibank shall not be liable to Supplier for any Losses arising out of or relating to any of its actions or
omissions to act hereunder, except to the extent that any such Losses are caused by Citibank’s gross negligence or willful misconduct. Citibank’s liability for any Losses to Purchaser shall be governed solely and exclusively by the terms
of the Servicing Agreement. 
 (d)    No Party shall be deemed to be in default of any of the obligations
required to be performed by it under this Agreement to the extent that performance thereof is delayed, hindered or becomes impossible because of any act of God or public enemy, hostilities, war (declared or undeclared), guerilla activities,
terrorist activities, act of sabotage, blockade, earthquake, flood, landslide, avalanche, tremor, ground movement, hurricane, storm, explosion, fire, labor disturbance, riot, insurrection, strike, sickness, accident, civil commotion, epidemic, act
of government or its agencies or officers, power interruption or transmission failure or any other cause beyond the reasonable control of such Party. 

6.3    No Implied Duties or
Warranties.  Citibank shall be obliged to perform such duties and only such duties as are specifically set forth herein, and no implied duties or responsibilities shall be
read or implied into this Agreement against Citibank. Notwithstanding any other provision elsewhere contained in this Agreement, Citibank shall have no duties or obligations hereunder to any person or entity other than Purchaser and Supplier and,
without limiting the foregoing, does not assume any obligation or relationship of agency or trust hereunder for, 

  

 7 

 or with, Supplier, Purchaser, or any other persons. Except as expressly provided in this
Agreement, no representation, warranty, term or condition, express or implied, statutory or otherwise, is given or assumed by Citibank in respect of the Licensed Resources. Without limiting the foregoing, Purchaser and Supplier understand that
Citibank is not giving any representation or warranty as to condition, performance, fitness for purpose, suitability, merchantability, quality or otherwise, or of non-infringement, and that the Licensed Resources are provided as is, except as
expressly provided herein. Nothing herein shall limit the obligations of Citibank under any other agreement it may have with any other Party or the UST. 

6.4    Confidentiality: Inspection Rights of
UST.    (a) Each Party agrees to maintain the confidentiality of any Confidential Information (as defined below) of the other Party to which it has access
under the System or otherwise under this Agreement, and to use such Confidential Information only for the purposes of exercising its rights and performing its obligations under this Agreement, and not for its own personal gain or benefit.
“Confidential Information” shall mean information of a Party that the receiving Party knows or reasonably should know to be confidential to such first Party; provided, however, that the term does not include any information
that the receiving Party can demonstrate, by clear and convincing evidence: (i) to be part of the public domain without any breach of this Agreement by the receiving Party; (ii) to be or to become generally known to the general public or
organizations engaged in the same or similar businesses as the receiving Party on a non-confidential basis, through no wrongful act of such Party; (iii) to be known by the receiving Party prior to disclosure to it hereunder without any
obligation to keep it confidential; (iv) to be disclosed to it by a third party which, to the best of the receiving Party’s knowledge, is not required to maintain the information as proprietary or confidential; (v) to be independently
developed by the receiving Party without reference to Confidential Information of the other Party; or (vi) to be the subject of a written agreement whereby the other Party consents to the disclosure of such Confidential Information on a
non-confidential basis. Notwithstanding anything to the contrary in this Agreement, UST shall have the right to disclose any documents and information provided to it hereunder to its Representatives and nothing herein shall prevent UST from
disclosing any such documents or information to the extent required by any legal requirements or by any subpoena or similar legal process. UST understands that the documents and information may contain commercially sensitive confidential information
entitled to an exception from a Freedom of Information Act request. 
 (b)    Notwithstanding the foregoing,
any Party may disclose Confidential Information obtained from any other Party to any authority of competent jurisdiction if disclosure is required pursuant to a court order or instruction of

 any regulatory or supervisory authority having jurisdiction over it, provided that the
disclosing Party shall have given such other Party prompt notice thereof (unless it has a legal obligation to the contrary) so that such other Party may seek a protective order or other appropriate remedy to prevent disclosure. 

(c)    At all times during the term of this Agreement, the Supplier shall permit (i) the Lender and its agents,
consultants, contractors and advisors, (ii) the Special Inspector General of the Troubled Asset Relief Program, and (iii) the Comptroller General of the United States access to personnel and any books, papers, records or other data
delivered to it hereunder or otherwise in its possession, custody or control, in each case to the extent relevant to ascertaining compliance with the terms and conditions set forth herein and the Program Terms, during normal business hours and upon
reasonable notice to the Supplier, as the case may be; provided that prior to disclosing any information pursuant to clause (i), (ii) or (iii) , the Lender, the Special Inspector General of the Troubled Asset Relief Program and the Comptroller
General of the United States shall have agreed, with respect to documents obtained under this Agreement in furtherance of their respective functions, to follow applicable law and regulation (and the applicable customary policies and procedures,
including those for inspectors general) regarding the dissemination of confidential materials, including redacting confidential information from the public version of its reports, as appropriate, and soliciting input from the Supplier as to
information that should be afforded confidentiality. 

6.5    Indemnity.    
(a)  Supplier shall defend, indemnify and hold harmless Citibank and Purchaser and each of then-respective affiliates, employees, directors, officers, and agents (each, an
“indemnified party”), from and against all Losses, including Losses relating to the enforcement of this indemnity, arising out of or in any way relating to (i) any breach of Supplier’s representations, warranties or obligations
under this Agreement, (ii) Citibank’s or Purchaser’s reliance on any Message sent by Supplier using the System, (iii) any dispute with respect to the commercial transaction giving rise to any Receivable, or (iv) any claim that
any Message or other material transmitted or uploaded onto the System by Supplier infringes or misappropriates any third party intellectual property rights, except to the extent that such Losses are caused by the gross negligence or willful
misconduct of such indemnified party. 

6.6    Assignment; Termination of Citibank as Servicer.
    (a) This Agreement shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties; provided, however, that Supplier may
not assign any of its rights or obligations hereunder without each Party’s prior written consent, given in its sole discretion. Purchaser shall have the right without the consent of or notice to Supplier to sell, transfer, assign (including by
way of security), or grant participations in all or any part 

  

 8 

 
of, or any interest in, Purchaser’s obligations, rights and benefits hereunder (provided that, without the consent of Supplier given in its sole discretion, no such assignment shall relieve
Purchaser of its obligations hereunder). Purchaser and Supplier agree that Citibank may perform any and all of its duties and exercise its rights and powers hereunder by or through any one or more sub-agents appointed by Citibank and each such
sub-agent shall be entitled to the benefits of all provisions of this Section 6 as if set forth in full herein with respect thereto; provided that Citibank agrees that such sub-agents will be selected by it with reasonable care and no such
appointment will relieve Citibank of its obligations hereunder. 
 (b)    Upon the effectiveness of any
resignation or other termination of Citibank, as servicer, in accordance with the terms of the Servicing Agreement, Citibank shall have the right, at its election, to terminate its obligations under this Agreement and to terminate Supplier’s
access to the Licensed Resources, with immediate effect upon notice to Purchaser and Supplier and the effectiveness of Citibank’s resignation or termination under the Servicing Agreement; provided that upon any such termination of
Citibank’s obligations hereunder, the successor servicer under the Servicing Agreement shall be the successor in all respects to Citibank hereunder and shall be subject to all the responsibilities, duties and liabilities arising thereafter
relating thereto. 

6.7    
Termination.    This agreement shall automatically terminate on the Maturity Date (as such date may be extended in accordance with the Program Terms). Following
the Payment Notification Cut-Off Date, Supplier shall no longer issue Purchase Offers hereunder and Purchaser will no longer process Purchase Offers from Supplier. 

6.8    Survival.    
All covenants made herein shall continue in full force and effect so long as any Purchased Receivable remains outstanding. All confidentiality, security and indemnity obligations and all
[imitation of liability provisions contained in this Agreement shall survive and remain in full force and effect notwithstanding termination of this Agreement. 

6.9    
Notices.    Except as otherwise expressly contemplated herein, all notices pursuant to this Agreement shall be in writing, duly signed by the Party giving such
notice, and shall be delivered, emailed, faxed or mailed, as follows: 
 If notice is given to Purchaser: 

GM Supplier Receivables LLC 

c/o General Motors Corporation 

300 Renaissance Center 

Detroit, MI 48265-3000 

Attention: Group Vice President, Global Purchasing and 

Supply Chain 

Telecopy:  (586) 575-1968 

Telephone:  (586) 575-2510

 Email:  bo.i.andersson@gm.com 

with copies to: 

Attention:  General Counsel 

Telecopy:  (586) 575-1887 

Telephone:  (586) 575-4015 

Email:  christopher.f.dubay@gm.com 

and: 

Attention: Executive Director, Finance 

Telecopy: (586) 575-3404 

Telephone: (586) 575-1796 

Email: stephen.small@gm.com 

If notice is given to Supplier: 
  

			
	    Supplier Name:  
	  	 Shiloh Industries
Inc

	 	  	 
	Attention:  	  	 Tom Dugan

	Address:  	  	 880 Steel Drive

	 	  	 Valley City, OH 44280

	Email:  	  	 TMDUGAN@SHILOH.COM

	Phone:  	  	 330 – 558 - 2693

	Fax:  	  	 330 – 558 - 2670

If notice is given to Citibank: 

Citibank, N.A. 

388 Greenwich Street,
25th Floor 

New York, NY 10013 

Attn: Deborah Bennett 

Phone: 212-816-7019 

Fax: 212-816-2265 

6.10    Entire Agreement: No Third Party Beneficiaries:
Amendments.    This Agreement embodies the entire agreement between the Parties relating to the subject matter hereof, and supersedes all prior agreements relating
to this subject matter. This Agreement shall not be construed to confer any right, benefit, remedy or claim upon any person or entity other than each Party and their respective successors and permitted assigns; provided, however, that each of the
Parties acknowledges and agrees that the Lender shall be an express third party beneficiary of all of Supplier’s representations, covenants and obligations under this Agreement, and may enforce each directly against Supplier as if the Lender
were an original party hereto. All amendments and waivers to this Agreement must be in writing and signed by or on behalf of each of the Parties. The Parties have the right to waive any provision hereof in writing. 

6.11    
Counterparts.    This Agreement may be executed in

  

 9 

 
any number of counterparts (which may be delivered by facsimile or optically-scanned electronic mail attachment), which taken together shall constitute a single copy of this Agreement. Any
signature delivered by facsimile or by email in “pdf” format shall be deemed an original signature hereto. 

6.12 Governing Law;
Jurisdiction.    This Agreement is governed by the laws of the State of New York. The Parties agree that any New York State court or Federal court sitting
in New York City or an appellate court having appellate jurisdiction over such courts has nonexclusive jurisdiction to settle any disputes in connection with this Agreement, and submit to the jurisdiction of those courts. Each Party waives:
(i) any right to immunity from jurisdiction to which it may be entitled (including, to the extent applicable, immunity from pre-judgment attachment and post-judgment attachment and execution) and (ii) any objection to venue or any claim of
inconvenience in connection with a proceeding brought in such a court. Each Party agrees that any service of process or other notice of legal process may be served upon it by mail or hand delivery if sent to its address given for notices in
Section 6.9. Each Party agrees that nothing in this Agreement shall affect any other Party’s right to serve process in any other manner permitted by law or to commence legal proceedings or otherwise proceed against such Party in any other
jurisdiction. Supplier agrees that final judgment against it in any action or proceeding shall be enforceable in any other jurisdiction by suit on the judgment, a certified copy of which shall be conclusive evidence of the judgment, and any recovery
by Purchaser or Citibank pursuant to any judgment that is expressed in or converted into any currency other than U.S. Dollars, shall not discharge the obligation except to the extent that such recovery results in the actual receipt by Purchaser or
Citibank, as applicable, in New York of the full amount of U.S. Dollars owed. 

6.13 WAIVER OF JURY
TRIAL. THE PARTIES WAIVE ANY RIGHTS THEY MAY HAVE TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED ON OR ARISING FROM THIS AGREEMENT. 

6.14    Citibank Authorized to Act for
Purchaser.    In 

 

 accordance with the terms of that certain Servicing Agreement dated April 3, 2009
between Purchaser and Servicer (as may be amended, restated and modified from time to time, the “Servicing
Agreement”), Purchaser has appointed Citibank as servicer of the Receivables purchased hereunder. In furtherance of the
foregoing, Purchaser hereby confirms, and Supplier hereby agrees, that until and unless instructed in writing to the contrary by Purchaser, Citibank may give or receive any notice or take any action, including exercising any right provided to the
Purchaser, hereunder on behalf of Purchaser; provided, however, that Citibank shall not be liable to Supplier for any Losses arising out of or relating to any of its actions or omissions to act hereunder on behalf of Purchaser, except to the extent
that any such Losses are caused by Citibank’s gross negligence or willful misconduct. 

6.15  
Non-Petition.    Each of Citibank and Supplier covenants and agrees that it will not at any time prior to a year and a day after the Maturity Date,
(a) commence or institute against the Purchaser or join with or facilitate any other Person in commencing or instituting against the Purchaser, any bankruptcy, reorganization, arrangement, readjustment of debt, dissolution, receivership,
insolvency or liquidation proceedings, or other similar proceedings under any United States Federal or state, or other jurisdiction, bankruptcy or similar law or statute now or hereafter in effect or (b) participate in any assignment for
benefit of creditors, compositions, or arrangements with respect to the Purchaser’s debts. 

6.16  Limited
Recourse.    Notwithstanding anything to the contrary contained in this Agreement, the obligations of the Purchaser under this Agreement are solely the
obligations of the Purchaser and shall be payable solely to the extent of funds received by and available to the Purchaser in accordance with the Security Agreement. No recourse shall be had for the payment of any amount owing in respect of any
obligation of, or claim against, the Purchaser arising out of or based upon this Agreement against any holder of a membership interest, employee, officer or affiliate thereof. The provisions of this Section 6.16 shall survive the termination or
expiration of this Agreement. 

  

 10 

 IN WITNESS WHEREOF, each of the Parties hereto has executed this Agreement as of the date
and year written. 
  

			
	 Shiloh Industries, Inc.

	(Supplier Legal Company Name)
		
	 By:
	 	 /s/ Thomas M Dugan

		 	(Signature)

			
		
	 Name (printed):
	 	     Thomas M. Dugan

			
		
	 Title:
	 	 Treasurer

		
	 Date:
	 	 4-27-09

	
	CITIBANK, N.A.

			
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
		
	 Title:
	 	  

		
	 Date:
	 	  

	
	 GM SUPPLIER RECEIVABLES LLC

			
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
		
	 Title:
	 	  

		
	 Date:
	 	  

 

 11 

 Schedule I 

Supplier Information 
  

	 A.
	 Supplier’s Legal Name. 

  

			
	 Shiloh Industries Inc.
	  	

  

	 B.
	 Supplier’s Jurisdiction of Organization. 

  

			
	 Delaware
	  	

  

	 C.
	 New Debtor
Events1.

 Did you merge with, or acquire all or substantially all of the assets of, another company or person within
the preceding 6 months? 
 Yes  ̈
 

No  
x 

If the answer to the preceding question is Yes: 
  

	 	 A.
	 What is the legal name of the other company or person with which you merged, or from which you acquired such assets? 

 
  

 

	 	 B.
	 At the time of such merger or acquisition, was the other company or person subject to any effective security agreement, mortgage, receivables financing or
other similar transaction with any other purchaser or creditor? 

 Yes
 ̈ 

No  
 ̈ 

 

1
 “New debtor” means a person that becomes bound as debtor by a security agreement previously entered into by another person. A person may become a “new debtor”, if,
by operation of law such person acquires or succeeds to all or substantially all of the assets of the other person in connection with a merger or acquisition of assets or similar transaction. 

 

 12 

 Schedule II 

Approved Affiliates 

Saturn Corporation 
  

 13 

 Annex A 

Auto Supplier Program Terms 

PROGRAM TERMS 
  

	 1.
	 THE PROGRAM. 

These Program Terms apply to the Auto Supplier Support Program (the “Program”) established
by the United States Department of the Treasury (the “Lender” or “UST”) pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L. 110-343, enacted October 1,
2008), as amended (“EESA”), in which GM Supplier Receivables LLC, a Delaware limited liability company (the “Borrower”), a wholly-owned subsidiary of General Motors Corporation, a Delaware corporation (the
“OEM”), is a participant. 
  

	 2.
	 CERTAIN AGREEMENTS RELATED TO THE
PROGRAM. 

 In connection with the
Program, the Lender, the Borrower, the OEM, Saturn Corporation, a Delaware corporation (“Saturn” and the OEM, the “OEM Parties”), Citibank, N.A., a national banking association (“Citi”), and
Eligible Suppliers (defined below) are entering into certain agreements, including, among others: 

(a)    that certain Credit Agreement dated as of April 3, 2009 between the Borrower and the
Lender (the “Credit Agreement”); 
 (b)    that certain Security Agreement,
of even date with the Credit Agreement, among the Borrower, the Lender, Citi as servicer for the Borrower pursuant to the Servicing Agreement defined below (in such capacity, the “Servicer”) and Citi as Collateral Agent (in such
capacity, the “Collateral Agent”) (the “Security Agreement”); 

(c)    that certain Pledge Agreement, of even date with the Credit Agreement, among the OEM, Saturn,
the Lender, the Servicer and the Collateral Agent (the “Pledge Agreement”); 

(d)    that certain Servicing Agreement, of even date with the Credit Agreement, between the Servicer
and the Borrower (the “Servicing Agreement”); 
 (e)    from time to time,
Supplier Purchase Agreements each among the Borrower, Citi and an Eligible Supplier, in substantially the form attached as Exhibit F of the Credit Agreement (each, a “Supplier Agreement”); and 

(f)    that certain Paying Services and Supplier Designation Agreement, of even date with the Credit
Agreement, between the OEM and Citi as Paying Agent for the OEM (in such capacity, the “Paying Agent”), in which Saturn has joined pursuant to that certain Joinder Agreement of even date with the Credit Agreement (the
“Paying Services Agreement”). 
 All references to the agreements identified above in this
Section 2 shall, unless otherwise specified, be deemed to refer to such agreements as amended, supplemented, restated or otherwise modified from time to time, or any successor or replacement agreement which may be entered into from time to
time, subject in each case to any applicable limitations specified herein or therein. 
  

 14 

	 3.
	 DEFINED TERMS. 

In addition to the terms previously defined above, the following terms have the following respective meanings: 

(a)    “Adverse Claim”: any mortgage, pledge, security interest,
hypothecation, assignment, encumbrance or lien of or on any Person’s assets or properties in favor of any other Person, other than a tax,
mechanics1 or other lien or encumbrance that attaches by
operation of law or any subordinated lien permitted under a Lien Priority Agreement. 

(b)    “Affiliate”: as to any Person, any other Person that, directly or indirectly,
is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and
policies of such Person, whether by contract or otherwise. 
 (c)    “Business
Day” means a day other than a Saturday, Sunday, a Federal holiday or other day on which commercial banks in New York City are authorized or required by law to close. 

(d)    “Credit Memo Receivable”: means a payment from an OEM Party to a Supplier
representing an adjustment to an existing or past Receivable as a result of missing invoices, incorrect receipt of goods, vendor scrap or other adjustments resulting from price changes, quantity discrepancies or vendor returns. 

(e)    “Due Date”: with respect a Payment Instruction or a Payment Notification, the
Business Day on which the payment obligation of the OEM Party in respect of that Payment Instruction or Payment Notification, as the case may be, will be due and payable, that date being the earlier of: 

 

	 	 (i)
	 the date specified in the Payment Instruction or Payment Notification, as the case may be, for payment or if such date is not a Business Day, the
first Business Day following that date; and 

  

	 	 (ii)
	 the date that is two (2) Business Days before the Maturity Date. 

(f)    “Eligible Receivable”: shall mean a Receivable which satisfies the following
criteria: 
  

	 	 (i)
	 it constitutes a trade account receivable representing a valid obligation of an OEM Party to make payment in United States Dollars to the Eligible
Supplier for goods shipped or delivered or services rendered to such OEM Party; 

  

	 	 (ii)
	 unless such Receivable is a Credit Memo Receivable, it was originated (A) not before March 19, 2009 and (B) not more than 20 Business
Days prior to the Purchase Date thereof in the ordinary course of the Eligible Supplier’s business; provided, however, that the foregoing clause (B) shall not apply to Receivables the Purchase Date of which occurs on or before
April 20, 2009; 

  

	 	 (iii)
	 unless such Receivable is a Credit Memo Receivable, it has a Due Date at least 30 days after the date of its origination and not later than the
earlier of (A) the date occurring 90 days after the date of its origination and (B) the date 2 Business Days prior to the Maturity Date; 

  

	 	 (iv)
	 it arises under an Underlying Contract (A) which, together with such Receivable, is in full force and effect and constitutes the genuine,
legal, valid and binding 

  

 15 

	 	
payment obligation in writing of an OEM Party, enforceable against such OEM Party in accordance with its terms and (B) with respect to which, no material default or breach by such OEM Party
under the terms thereof has occurred; 

  

	 	 (v)
	 such Receivable, together with the Underlying Contract related thereto, complied at the time it was originated or made and, as of such Purchase
Date, complies in all material respects with all requirements of, and docs not contravene in any material respect any, applicable federal, state or local laws and regulations; 

 

	 	 (vi)
	 it has not been satisfied, subordinated, rescinded, or otherwise compromised; 

 

	 	 (vii)
	 it is not subject to any counterclaim, contra-account, volume rebate, cooperative advertising accrual, deposit or offset;

  

	 	 (viii)
	 it does not arise from a bill-and-hold, guaranteed sale, sale-or-return, sale-on-approval, consignment or similar transaction and is not subject to
repurchase, return, rejection, repossession, loss or damage (other than, prior to April 17, 2009, any Eligible Supplier’s right of reclamation arising under Section 2-702 of the Uniform Commercial Code (or any analogous provision of
the law applicable to such Underlying Contract)); 

  

	 	 (ix)
	 it represents a final sale with respect to which the goods giving rise to the Receivable have been delivered to and accepted by an OEM Party or the
service giving rise to the Receivable has been completely performed to the satisfaction of an OEM Party; 

  

	 	 (x)
	 it is not evidenced by a note or other instrument or chattel paper or reduced to judgment; 

 

	 	 (xi)
	 it is not by contract, subrogation, mechanics’ lien laws or otherwise, subject to claims by the Eligible Supplier’s creditors or other
third parties, except for any subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xii)
	 it does not constitute a service charge, warranty charge or similar charge; 

 

	 	 (xiii)
	 it does not represent an accord and satisfaction in respect of any prior Receivable; 

 

	 	 (xiv)
	 it has not been amended in any respect such that the Principal Balance thereof has been modified; 

 

	 	 (xv)
	 it is not subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to it;

  

	 	 (xvi)
	 it is not the subject of any pending or threatened litigation; 

 

	 	 (xvii)
	 it is free and clear of any Adverse Claim other than the security interest therein then being granted to Purchaser; 

 

	 	 (xviii)
	 as to which Receivable, all filings (including UCC filings) necessary in any jurisdiction to give the Purchaser a first perfected ownership interest
in such Receivable shall have been made; 

  

 16 

	 	 (xix)
	 as of the Purchase Date thereof, the Credit Agreement has not terminated and no notice of termination of the Commitment (as defined in the Credit
Agreement) has been given by the Lender thereunder; 

  

	 	 (xx)
	 as of the Purchase Date thereof, the OEM is not the subject of any bankruptcy, insolvency or reorganization proceeding or any other proceeding
seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property; and 

 

	 	 (xxi)
	 if such Receivable represents an obligation of Saturn, as of the Purchase Date thereof, Saturn is not the subject of any bankruptcy, insolvency or
reorganization proceeding or any other proceeding seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property. 

provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or
pursuant to, any Transaction Document that any Receivable is an Eligible Receivable, such OEM Party or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in clause (xi) of the
definition of “Eligible Receivable” to the knowledge of such OEM Party and the Borrower; and 

provided further, that, in the context of any representation or warranty made by the Eligible Supplier in, or
pursuant to, any Supplier Agreement that any Receivable is an Eligible Receivable, the Eligible Supplier shall be deemed to have represented and warranted as to the matters set forth in clauses (xix) and (xx) of the definition of
“Eligible Receivable” to the knowledge of the Eligible Supplier; and 
 provided further, that,
in the context of any representation or warranty made by any Person in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented and warranted as to
the matters set forth in clause (xvi) (solely with respect to threatened litigation) to the knowledge of such Person; and 

provided further, that, in the context of any representation or warranty made by any Person (other than Citi) in,
or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (xviii) of the definition of
“Eligible Receivable” to the knowledge of such Person. 
 (g)    “Eligible
Supplier”: a Person that: 
  

	 	 (i)
	 is not an Affiliate of the Borrower or any OEM Party; 

 

	 	 (ii)
	 is a party to an Underlying Contract; 

  

	 	 (iii)
	 has been designated by an OEM Party as an “Eligible Supplier” in a written notice to the Servicer for participation in the Program;

  

	 	 (iv)
	 is not an Ineligible Supplier; and 

  

	 	 (v)
	 is (A) a party to a Supplier Agreement, and (B) not in breach of default of any of the representations, warranties or covenants of such
Supplier Agreement; 

  

 17 

 provided that, in the context of any representation or warranty made
by the a Person in, or pursuant to, any Supplier Agreement that such Person is an Eligible Supplier, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (iii) of the definition of “Eligible
Supplier” to the knowledge of such Person. 
 (h)    “Executive Order
13324” means Executive Order No. 13224, effective as of September 24, 2001 and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism, 66 Fed. Reg. 49079 (2001).

 (i)    “Governmental Authority”: any nation or government, any state or
other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to
government, any securities exchange and any self-regulatory organization. 

(j)    “Immediate Pay Receivable”: any Purchased Receivable with respect to which
the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at or immediately following the sale of such Purchased Receivable to the Borrower (i.e., Payment Option 1 under the Supplier
Agreement). 
 (k)    “Ineligible Person”: any Person that: 

 

	 	 (i)
	 is named, identified, described on or included on (A) the list of Specially Designated Nationals promulgated by OFAC from time to time or
(B) any blocked persons list, designated nationals lists, denied persons list entity list debarred party list, unverified list, sanctions list or other list of Persons with whom United States Persons may not conduct business, including lists
published or maintained by the United States Department of Commerce and lists published or maintained by the United States Department of State; 

  

	 	 (ii)
	 is subject to the provisions of, or owned or controlled by or acting for or on behalf of any Person that is subject to the provisions of, Executive
Order 13324; 

  

	 	 (iii)
	 commits, threatens or conspires to commit or threaten “terrorism” (as defined in Executive Order 13324); 

 

	 	 (iv)
	 is subject to trade restrictions under United States law, including, but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§§ 1701 et seq., the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., the foreign assets control regulations of UST (31 C.F.R. Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or
regulations promulgated thereunder (including Executive Order 13224 and the USA PATRIOT Act); or 

  

	 	 (v)
	 is an Affiliate of or affiliated with any Person listed above; 

provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or
pursuant to, any Transaction Document that any Person is an Eligible Supplier or is not an Ineligible Supplier, such OEM Party or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in the
definition of “Ineligible Person” to the knowledge of such OEM Party and the Borrower. 

(1)    “Ineligible Supplier”: any Person: 

 

 18 

	 	 (i)
	 that is an Ineligible Person; or 

  

	 	 (ii)
	 as to which UST has notified the OEM Parties, the Borrower and the Servicer, in its capacity as servicer for the Borrower, that UST has determined,
after reasonable consultation with the Borrower and the OEM, that such Person is not eligible for participation in the Program; provided, that such determination shall ultimately rest with UST in its sole discretion, notwithstanding any consultation
with the Borrower or OEM. 

 (m)    “Insolvency Event”
means, with respect to a specified Person: 
  

	 	 (i)
	 the commencement of any case, proceeding or other action by such Person (A) under any existing or future law of any jurisdiction, domestic or
foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment,
winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of
its assets; or 

  

	 	 (ii)
	 the commencement against such Person of any case, proceeding or other action of a nature referred to in clause (i) above that (A) results
in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 90 days; or 

 

	 	 (iii)
	 the commencement against such Person of any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or
similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 90 days from the entry thereof; or

  

	 	 (iv)
	 such Person (excluding the OEM Parties) taking any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of
the acts set forth in clause (i), (ii), or (iii) above; or 

  

	 	 (v)
	 such Person (excluding the OEM Parties) generally not, or being unable to, or admitting in writing its inability to, pay its debts as they become
due; or 

  

	 	 (vi)
	 such Person making a general assignment for the benefit of its creditors. 

(n)    “Lien Priority Agreement” means a Lien Priority Agreement between any
Supplier and a creditor of such Supplier in the form attached as Exhibit C to the Servicing Agreement. 

(o)    “Maturity Date”: April 2, 2010, and any extensions of such date pursuant
to the Credit Agreement. 
 (p)    “OFAC” means the Office of Foreign
Assets Control of UST. 
 (q)    “Pay at Maturity Receivable”: any
Purchased Receivable with respect to which the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at the Due Date thereof (i.e., Payment Option 2 under the Supplier Agreement). 

 

 19 

 (r)    “Payment Instruction”: as
defined in the Paying Services Agreement. 
 (s)    “Person”: an
individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 

(t)    “Principal Balance” of a Receivable means the face amount of such Receivable
specified in the associated Payment Instructions. 
 (u)    “Purchase Date”
means, with respect to any Eligible Receivable, the date such Eligible Receivable becomes a Purchased Receivable. 

(v)    “Purchase Price”: as defined in the Supplier Agreements. 

(w)    “Purchased Receivables”: Eligible Receivables purchased by Borrower from time
to time pursuant to any Supplier Agreement. 
 (x)    “Purchaser”:
Borrower, in its capacity as the “Purchaser” under any Supplier Agreement. 

(y)    “Receivables” means accounts, instruments, documents, contract rights,
general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to a Supplier by an OEM Party, whether now existing or hereafter created,
that represent bona fide obligations of the OEM Party arising out of the Supplier’s sale and delivery of goods or services, together with the Related Security, and with respect to each of the foregoing, all proceeds thereof. 

(z)    “Related Security” means, with respect to any Receivable (i) all of the
related Supplier’s interest in any merchandise (including returned merchandise) relating to any sale giving rise to such Receivable and all of the related Supplier’s rights of reclamation or rights to any administrative expense or priority
claim under section 503(b)(9) of Title 11 of the United States Code or otherwise with respect to any merchandise relating to any sale giving rise to such Receivable and all administrative claims related thereto arising as a result of any Insolvency
Event with respect to the account debtor of any such Receivable; (ii) all security interests or liens and property subject thereto purporting to secure payment of such Receivable; (iii) all tax refunds and proceeds of insurance with
respect thereto; (iv) all guaranties, insurance, other agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable; and (iv) all books, records and other information relating to such
Receivable. 
 (aa)    “Transaction Documents” has the meaning assigned in
the Credit Agreement. 
 (bb)    “Underlying Contract”: a contract
(including a purchase order or invoice) entered into in the ordinary course of business between an Eligible Supplier and an OEM Party pursuant to which the Eligible Supplier is entitled to receive payments from such OEM Party for goods and services
provided to such OEM Party. 
 (cc)    “USA PATRIOT Act”: the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56. 
  

 20 

 SUPPLIER PURCHASE AGREEMENT 

 

									
	 Dated as of
	 	 April 27,
	 	 2009,
	 	 between
	 	 Shiloh Industries Inc,

		 	 month/day
	 	year	 		 	 full, registered legal name of your company (incl. “Inc.”, “LLC” or “Co.” if applicable)

 

									
		 	 , a
	 	     Delaware
	 	 Corp
	 	 (“Supplier”),

	any DBA in parenthesis here [ex: (DBA: ABC Tools)]	 		 	     state of company registration
	 	 type
	 	

 GM Supplier Receivables LLC, a Delaware limited liability company (“Purchaser”),
and Citibank, N.A., a national banking association (“Citibank”). 

 

 BACKGROUND 

A.   
 From time to time Supplier enters into commercial trade transactions with General Motors Corporation, a Delaware corporation (“OEM”) or its Approved Affiliates, if any, for the sale of goods or services, resulting in
Receivables (as defined below) owed by OEM or such Approved Affiliates to Supplier. 

B.   
 OEM is participating in the United States Department of the Treasury (“UST”) Auto Supplier Support Program, certain terms of which are outlined in Annex A hereto (the “Program Terms”). 

C.   
 From time to time Supplier wishes to sell to Purchaser, and Purchaser wishes to purchase from Supplier, certain identified Eligible Receivables (as defined below) that are processed through the System (as defined below), subject to the Program
Terms and the other terms and conditions set forth in this Agreement. 

D.   
 To facilitate the processing of such Eligible Receivables, and payments made with respect thereto, OEM, Supplier and Purchaser intend to utilize one or more computerized settlement systems, including related services, Equipment and Software (as
further defined in Article III of this Agreement and, collectively, the “System”) provided by Citibank. Citibank is prepared to provide to Supplier a license to the System, subject to the terms and conditions set forth in this
Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants, terms, conditions, representations and warranties
contained herein, and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, Supplier, Purchaser and Citibank agree as follows: 

ARTICLE I: DEFINITIONS 

In this Agreement: 

“Agreement” means
 this Supplier Purchase Agreement, including all Schedules hereto, as amended from time to time. 

“Approved
Affiliate” means each subsidiary or affiliate of OEM, if any, participating in the Auto Supplier Support 

 

 Program with the consent of UST and listed on Schedule II hereto, as the same may be
updated from time to time with the consent of UST. 
 “Business
Day” has the meaning set forth in the Program Terms. 
 
“Collateral Account” means the account established by Purchaser into which Purchaser is required to deposit all amounts
payable to it by OEM or any Approved Affiliate in respect of any Purchased Receivables. 

“Designated
Account” means the bank account identified in the Set-Up Form completed by Supplier in order for Citibank to implement the services contemplated in this Agreement, as such
information may be modified from time to time with prior written notice to Citibank (and following Citibank’s uploading of such information into the System). 

“Discount
Charge” means, with respect to any Receivables that are the subject of any Purchase Offer hereunder, (a) if Payment Option 1 has been elected by Supplier, an amount equal to
3.0% of the face amount of such Receivables or (b) if Payment Option 2 has been elected by Supplier, an amount equal to 2.0% of the face amount of such Receivables. 

“Due Date” has
the meaning set forth in the Program Terms. 
 “Eligible
Receivable” has the meaning set forth in the Program Terms. 

“Equipment” means
 all equipment provided by or on behalf of Citibank to the other Parties for the purpose of accessing or using the System, including all authentication products. 

“Insolvency
Event” has the meaning set forth in the Program Terms. 

“Intellectual Property
Rights” means all rights in inventions, patents, copyrights, design rights, database rights, trademarks and trade names, service marks, trade secrets, know-how and other
intellectual property rights (whether registered or unregistered) and all applications and rights to apply for any of them anywhere in the world that apply to the Licensed Resources.

  

 2 

“Lender”
has the meaning set forth in the Program Terms. 

“Lender” has
 the meaning set forth in the Program Terms. 

“License” has
 the meaning set forth in Section 3.1. 
 “Licensed
Resources” means, collectively, the System and the Policies and Procedures. 

“Losses” shall
 mean any claims, liabilities, losses, damages, costs or expenses, including reasonable attorneys’ fees and disbursements, other dispute resolution expenses (including reasonable fees and expenses in preparation for a defense of any
investigation, litigation or proceeding) and costs of collection. 

“Maturity
Date” has the meaning set forth in the Program Terms. 
 
“Message” has the meaning set forth in Section 2.5. 

“NYUCC”
means the Uniform Commercial Code in effect in the State of New York. 

“Party”
or “Parties” means any or all of Supplier, Purchaser or Citibank, as the context requires. 

“Payment
Notification” means, with respect to an Eligible Receivable, the notification sent by Citibank, in its capacity as paying agent for OEM and its Approved Affiliates (the “
Paying Agent”), to Supplier through the System, notifying Supplier that OEM has instructed the Paying Agent to make payment from
OEM’s account of a specified amount on the applicable Due Date in payment of such Eligible Receivable. 

“Payment Notification Cut-Off
Date” means the last Business Day of the calendar month preceding the Maturity Date. 

“Payment Option
1” and “Payment Option 2” have the meaning set
forth in Section 2.4. 

“Person” has
 the meaning set forth in the Program Terms. 
 “Policies and
Procedures” means all tangible printed information (including any in electronic form) provided from time to time by or on behalf of Citibank to the other Parties in connection
with the use of the System. 
 “Purchased Receivable”
 has the meaning set forth in the Program Terms. 

“Purchase
Offer” and “Purchase Price” have the meanings
set forth in Section 2.1. 
 “Qualifying Payment
Notification” means a Payment Notification received by Supplier on or prior to the Payment Notification Cut-Off Date. 

“Receivables” has
 the meaning set forth in the Program Terms. 
 “Related
Security” has the meaning set forth in the Program Terms. 

“Representatives” has
the meaning set forth in the Servicing Agreement. 

 

 “Security
Agreement” has the meaning set forth in the Program Terms. 

“Set-Up
Form” means the program set-up form completed by Supplier in connection with the transactions contemplated hereby. 

“Software” means
 all software, programming or object code provided by or on behalf of Citibank to the other Parties for utilizing a computer or like device to use the System. 

“System” has
 the meaning set forth in the Recitals hereto. 
 ARTICLE II: RECEIVABLES SALE AND PURCHASE 

2.1    Purchase
Offers.    Upon Supplier’s receipt of a Qualifying Payment Notification, Supplier is deemed to automatically offer to sell to Purchaser the Eligible
Receivables (a “Purchase Offer”) described in such Payment Notification at a price (the
“Purchase Price”) equal to the face amount of such Eligible Receivables as specified in such Qualifying Payment
Notification less the applicable Discount Charge. 

2.2     Agreement to
Purchase.    In accordance with the terms and subject to the conditions hereinafter set forth, upon Supplier’s receipt of a Qualifying Payment Notification,
Purchaser agrees to purchase from Supplier, all of Supplier’s right, title and interest in and to all of the Eligible Receivables described in such Qualifying Payment Notification for a price equal to the Purchase Price. 

2.3    Receivables
Purchase.    (a) Supplier hereby agrees that, simultaneously with receipt of any Qualifying Payment Notification, the Purchase Offer corresponding to such
Qualifying Payment Notification will be deemed accepted by Purchaser and Supplier will be deemed to have (i) transferred to Purchaser all of Supplier’s present and future right, title and interest in, to and under the Eligible Receivables
to which such Qualifying Payment Notification relates, and (ii) provided notice to the Paying Agent of Supplier’s designation of Purchaser as the entity to receive payment of the amount specified in OEM’s Qualifying Payment
Notification with respect to such Eligible Receivables. No further writing shall be necessary to evidence such transfer of ownership. In furtherance of the foregoing, Supplier agrees to sign all such other documents, and take all such further
actions, as Purchaser may reasonably request from time to time to evidence this transfer of ownership. Provided that sufficient funds are made available to Paying Agent by OEM (or, by OEM on behalf of an Approved Affiliate) at or prior to 12:00 noon
New York time one Business Day prior to the Due Date, Citibank shall make payment of OEM’s or such Approved Affiliate’s obligations to the Purchaser or its designee on the Due Date, in accordance with the terms of each Qualifying Payment
Notification, by automated clearing house network or wire transfer of immediately available funds to the Collateral Account. 

  

 3 

 (b)    Supplier hereby agrees that its obligations under this Agreement
and any Purchase Offers issued by it shall not be affected by the invalidity, unenforceability, existence, performance or non-performance of the relevant underlying transaction, which (and any liability for which) shall be between Supplier and OEM
or Approved Affiliate, as the case may be, only (provided that this clause (b) shall not limit Supplier’s liability for any breach of a representation or warranty made by it in this Agreement). 

(c)    It is the intention of Supplier and Purchaser that each purchase and sale of Eligible Receivables pursuant to
this Article II shall constitute a true sale, which sale will be absolute and irrevocable and provide Purchaser with the full benefits and burdens of ownership of such Eligible Receivables. Except as provided in Sections 2.3(d) and
6.5, the sale of Eligible Receivables hereunder is made without recourse to Supplier; provided, however, that such sale does not constitute and is not intended to result in an assumption by Purchaser or Citibank of any obligation of Supplier
or any other person arising in connection with the Eligible Receivables or any other obligations of Supplier. In the event, but only to the extent, that the conveyance of any Eligible Receivables by the Supplier hereunder is characterized by a court
or other governmental authority as a loan rather than a sale, the Supplier shall be deemed hereunder to have granted to Purchaser effective as of the date of the first purchase under this Agreement, a security interest in all of Supplier’s
right, title and interest in, to and under all of the Eligible Receivables sold by it, whether now or hereafter owned, existing or arising. Such security interest shall secure any and all rights of, and payments owed to, Purchaser under this
Agreement, whether now or hereafter existing or arising, due or to become due, direct or indirect, absolute or contingent. Purchaser shall have, in addition to all the other rights and remedies available to Purchaser under this Agreement and
applicable law, all the rights and remedies of a secured party under the NYUCC, and this Agreement shall constitute a security agreement under applicable law. Purchaser will cause all of its applicable books and records (including, computer and
other electronic records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables. 

(d)    If any Receivable for which the Purchaser has paid to Supplier the applicable Purchase Price is subsequently
determined by Purchaser or Citibank not to have been an Eligible Receivable as of the date of the corresponding Purchase Offer, and such failure is a result of the inaccuracy of any of Supplier’s representations or warranties hereunder, then
Supplier agrees that, at Purchaser’s election, Supplier will repurchase the affected Receivable from Purchaser for a price equal to its Purchase Price (provided that Supplier agrees that Purchaser may effect such repurchase by setting off any
obligations, including any obligation to pay any Purchase 

 Price, whether then existing or thereinafter arising, owed to Supplier hereunder).
Following the repurchase by Supplier of any ineligible Receivable in accordance with the foregoing, Purchaser and Citibank agree that (i) Citibank will make payment to the Designated Account on the Due Date specified in the Payment Notification
corresponding to such Receivable (to the extent funds are provided for such payment by OEM (or by OEM on behalf of an Approved Affiliate)) or (ii) to the extent OEM has theretofore discharged its (or its Approved Affiliate’s) obligation in
respect of such Receivable by payment to Purchaser, Purchaser shall pay to Supplier an amount equal to such payment received by it from OEM (or, from OEM on behalf of an Approved Affiliate) (in each case, taking into account any setoff exercised in
accordance with the preceding sentence). 

2.4    
Payment of Purchase Price. 

Important:  Supplier must elect either Payment Option 1 (Immediate Payment) or Payment Option 2 (Payment on
Maturity). If no Payment Option is selected by Supplier, Supplier will be deemed to have elected Payment Option 1 (Immediate Payment). The Payment Option selected by Supplier will be applicable to all Eligible Receivables purchased from
Supplier hereunder and may not be modified without the prior written consent of Purchaser and Citibank (such consent not to be unreasonably withheld). 

CHECK ONE BOX BELOW. 

PAYMENT OPTION 1: IMMEDIATE PAYMENT 

x    If Payment Option 1 is elected or deemed to have been elected.
Purchaser shall pay to Supplier the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the fourth Business Day
following Supplier’s receipt of such Purchase Offer. 
 OPTION 2: PAYMENT ON MATURITY 

 ̈    If Payment Option 2 is elected, Purchaser shall pay to Supplier
the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the Due Date. 

Regardless of whether Payment Option 1 or Payment Option 2 is elected (or deemed elected) by Supplier, it is the intention of Supplier
and Purchaser that each purchase and sale of any Eligible Receivables pursuant to this Article II shall constitute a true sale at the time each Purchase Offer is accepted by Purchaser as provided in Section 2.3 above, and at such time, all of
Supplier’s present and future right, title and interest in, to and under such Eligible Receivables shall be deemed transferred to Purchaser, following which Purchaser will have the full benefits and burdens of ownership of such Eligible
Receivables as provided in Section 2.3 above (including 

  

 4 

 the risk of non-payment by OEM or Approved Affiliate). 

2.5    
Messages.    Supplier shall use the System to send all information, instructions and messages (“Messages”) under this Agreement (including,
without limitation, any updates to the Supplier’s list of personnel authorized to use the System on Supplier’s behalf). Any Message sent by Supplier via the System is valid and binding on Supplier, and Citibank and Purchaser are entitled
to rely thereon, irrespective of any error or fraud contained therein or the identity of the individual who sent the Message, except to the extent that such error or fraud or use of the System by an unauthorized third party is a result of the
failure by Citibank to use commercially reasonable security measures to prevent unauthorized access to the System. Supplier agrees that the act of sending a Message electronically in accordance with this Agreement is as legally binding as if
Supplier had manually executed and delivered that Message in written form, and that Supplier will not contest the validity, legally binding nature or enforceability of that Message on the basis that the act of sending the Message electronically is
invalid or not binding on Supplier. 
 ARTICLE III: LICENSE TO THE SYSTEM 

3.1    License
Grant.    (a) Subject to the terms and conditions set forth herein, Citibank hereby grants to Supplier a limited, personal, non-exclusive, nontransferable
license and right, without the right to further sublicense, during the term of this Agreement, to access and use the Licensed Resources, solely for the purposes contemplated by this Agreement (the “License”). Except as expressly set
forth in this Agreement, Supplier shall have no other right (including any ownership right or intellectual property right), title or interest to or in the Licensed Resources or any portion thereof. 

(b)    Supplier acknowledges that, as between Citibank and Supplier, all right, title and interest in and to the
System, including without limitation, all Intellectual Property Rights therein, are vested, and shall remain vested, in Citibank and its licensors. Notwithstanding anything to the contrary contained herein and except as otherwise may be expressly
agreed in writing, all right, title and interest in and to revisions, upgrades, updates, derivative works and other improvements to the System shall vest solely in Citibank and its licensors. Except for the grant herein by Citibank to Supplier,
nothing in this Agreement shall act to operate as an assignment or other transfer of any of such rights to Supplier. 

3.2    
Usage.    (a)  Supplier shall access and use the System only in accordance with this Agreement and the Policies and Procedures. Supplier shall remain
informed as to any updates to the Policies and Procedures that may be implemented from time to time. Approval of an update shall be deemed to be given by Supplier if Supplier continues to utilize the System subsequent to the publication of any such
update. 

 

 (b)    Supplier shall promptly use any successors, updates, new
releases or replacements of any portion of the Equipment or Software provided to it from time to time by Citibank or otherwise, for use in accessing the System, and cease to use the previous version or release of such portion. 

(c)    Supplier shall have the right under the License to use the content of the System website on a computer screen,
to print reasonable extracts from the website, and to save reasonable copies to its hard drive(s), in each case solely for the purposes contemplated by this Agreement. All other copying, distribution or commercial use of any of the content of the
website is strictly forbidden. Except for the limited right granted by this Section 3.2(c), no other right or license is granted in respect of the content of the website. 

(d)    Supplier shall not have the right to, and shall not, without the written consent of Citibank, alter or modify
the whole or any part of the Licensed Resources. 

3.3    
Security.    Supplier shall safeguard and keep confidential, and put into effect and maintain commercially reasonable security measures to safeguard and keep
confidential, the Licensed Resources. In furtherance of the foregoing, Supplier agrees that: 
 (i) it will not
knowingly interfere with, defeat, circumvent or tamper with any information or instruction that is, by the terms of this Agreement or the Policies and Procedures, to be transmitted through the System, or with the restrictions on use of functionality
or access to information on any portion of the System, or attempt to do so; 
 (ii) it will not knowingly
introduce into any portion of the System any virus or other data or code that harms, or may adversely affect, the operation of the System; and 

(iii) it will ensure that all Messages being communicated by it through the System are sent in accordance with this
Agreement and the Policies and Procedures. 

3.4    System
Availability.    Supplier acknowledges and agrees that: (i) Citibank does not represent or warrant that the System will be error-free; and (ii) there
will be downtime from time to time when the System cannot be accessed. In addition, Supplier acknowledges and agrees that it is responsible for providing and maintaining, and Citibank has no liability or responsibility in respect of, equipment not
supplied by or on behalf of Citibank, or utility services that Supplier utilizes as a result of its participation in the System and maintaining a link to the System. Citibank may terminate or suspend Supplier’s access to the Licensed Resources,
with immediate effect upon notice to Supplier, in the event any licensor of the Licensed Resources terminates or suspends, as the case may be, Citibank’s right to provide the Licensed Resources to Supplier or as provided in Section 6.6.
Supplier acknowledges and agrees that Purchaser does not make 

  

 5 

 any representation or warranty, and shall have no liability to Supplier, with respect to
the System. 
 ARTICLE IV: FEES AND CHARGES 

No processing, licensing or other fees or charges will be payable by Supplier or Purchaser to Citibank hereunder, and other than the
applicable Discount Charge payable by Supplier, no other fees or charges will be payable by Supplier to Purchaser. Purchaser acknowledges that it is paying fees to Citibank pursuant to the terms of the Servicing Agreement. 

ARTICLE V: REPRESENTATIONS, WARRANTIES AND COVENANTS 

5.1    Mutual Representations and Warranties of the
Parties. 
 Each Party represents and warrants as
follows: (i) it is validly existing and in good standing and has the power to enter into and perform, and has all necessary authorizations for the entry into, performance and delivery of, this Agreement and the transactions contemplated by this
Agreement; (ii) this Agreement constitutes its legal, valid and binding obligation, enforceable in accordance with the Agreement’s terms; and (iii) its execution, delivery and performance of this Agreement does not contravene its
constitutive documents or any contract binding on or affecting it or any of its properties, does not violate any applicable law, regulation or order, and does not require any notice, filing or other action to or by any governmental authority, except
for the financing statements or other instruments or notices referred to in Section 5.3(g). 

5.2    Supplier Representations and
Warranties.    Supplier hereby agrees that, by issuing a Purchase Offer with respect to any Receivable, Supplier will be deemed to have made each of the following
representations and warranties as of the date of such Purchase Offer (and, in the case of the representation in clause (a)(i) below, as of the date any Purchase Price is paid to Supplier hereunder): 

(a)    (i)  Supplier is an Eligible Supplier, and (ii) each Receivable which is the subject of such
Purchase Offer is an Eligible Receivable. 
 (b)    Each such Receivable (i) is the exclusive property
of Supplier, free and clear of all security interests, liens or claims of any kind; (ii) is based on a sale of goods or services that have been delivered to and accepted by OEM or an Approved Affiliate, and complies with all applicable legal
requirements; (iii) constitutes a valid, binding and unconditional obligation of OEM or an Approved Affiliate to pay the full amount of such Receivable, free of any defense, set-off or counterclaim; and (iv) is not disputed by OEM or any
other person, and is not the subject of any legal or arbitral proceeding. 
 (c)    The full and correct
legal name, type of organization, jurisdiction of organization, organizational ID number (if applicable) and mailing address of Supplier as of the date

 hereof are correctly set forth in Schedule I. Supplier has not (i) within the period
of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (ii) except as specified in Schedule I, heretofore changed its name, or (iii) except as specified in Schedule I, heretofore
become a “new debtor” (as defined in Section 9402(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person. 

(d)    With respect to each Receivable purchased by the Purchaser hereunder, the consideration received from the
Purchaser in respect of such Receivable represents adequate consideration and fair and reasonably equivalent value for such Receivable. 

(e)    Supplier is not in breach of any of its obligations under this Agreement. 

5.3      Supplier
Covenants.    Supplier hereby covenants and agrees with the other Parties as follows: 

(a)    Supplier shall use the System solely to settle the purchase of Eligible Receivables as contemplated by this
Agreement and shall not use the System for investment or arbitrage purposes, or for any money laundering purpose, or in contravention of any law or regulation. Supplier shall not use the System in any manner that would violate the Program Terms.

 (b)    Supplier shall comply with all relevant laws and regulations applicable to this Agreement and the
Purchased Receivables and transactions conducted using the System including, without limitation, ail applicable Program Terms and all applicable export control laws, and shall keep its state or other jurisdiction of organization and the office where
it keeps its records concerning the Purchased Receivables at the address set forth in Section 6.9. Supplier shall timely and fully perform and comply with all provisions required to be observed by it under the contracts related to the Purchased
Receivables and promptly inform Purchaser and Citibank of any breach or default by Supplier of any of the terms hereof or thereof. 

(c)    Supplier shall not (i) sell or otherwise dispose of or permit any encumbrance on the Purchased
Receivables other than Purchaser’s interest therein, (ii) amend or extend the payment terms of any Purchased Receivable or (iii) take or omit any action that might in any way prejudice or limit Purchaser’s rights with respect to
any such Receivable or this Agreement. 
 (d)    Supplier shall maintain and implement administrative and
operating procedures, and keep and maintain all documents, books, records and other information reasonably necessary for the collection of all Purchased Receivables, and with respect to compliance of the underlying commercial transactions with
applicable law. Supplier shall retain each record required to be maintained under this Section 5.3(d) during the term of this Agreement and, if applicable, for such longer period

  

 6 

 as may be required by law. Supplier shall make such procedures, documents, books, records
and other information available to Purchaser and its agents, representatives and relevant authorities upon request, and shall allow copies or extracts thereof to be made, as Purchaser deems necessary. All information provided by Supplier to Citibank
or Purchaser from time to time in connection with this Agreement shall be true and accurate in all material respects, and Citibank and Purchaser are hereby authorized from time to time to verify information about Supplier. 

(e)    Supplier will (i) cause all of its applicable books and records (including, computer and other electronic
records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables and will not, and will not permit any Person with which it is consolidated for accounting purposes to, account for or otherwise treat the transactions
hereunder in any manner other than a true sale and absolute transfer of title and beneficial ownership of the Purchased Receivables, and (ii) at Purchaser’s request, transfer possession to Purchaser of all the receipts, order slips,
acceptances, and other records or documentation pertaining to the sale of goods or services to which such Receivables relate. Supplier shall maintain procedures (including, without limitation, an ability to recreate records evidencing specific
Purchased Receivables and related contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information that are reasonably necessary for collecting all Purchased Receivables
(including, without limitation, records adequate to permit the daily identification of each Purchased Receivable and all collections or adjustments with respect thereto). 

(f)    Without at least 30 days’ prior written notice to Citibank and Purchaser, Supplier shall not
(i) change its location (as defined in Section 9-307 of the NYUCC), or (ii) change its name from the name shown as its current legal name on Schedule I. 

(g)    Supplier hereby irrevocably authorizes Purchaser, in its sole discretion, to file (or cause to be filed) one
or more financing statements (and other similar instruments) and amendments thereto, relative to all or any part of the Purchased Receivables, without the signature of Supplier, to the extent permitted by applicable law. If not so permitted by
applicable law, or in such other circumstances as Purchaser may reasonably request, Supplier will execute and file any such financing statements and amendments thereto, and such other instruments or notices and take such other actions as Purchaser
may reasonably request, as may be necessary or appropriate to perfect and maintain the perfection of Purchaser’s ownership and security interest in such Receivables. 

ARTICLE VI: MISCELLANEOUS 

 

 6.1    Waivers;
Severability.    No delay or failure of any Party hereto in exercising any right, privilege or option under this Agreement shall operate as a waiver of such or of
any other right, privilege, or option. If any provision of this Agreement is or becomes illegal or invalid under any applicable law, the validity of the remaining provisions shall not be affected thereby. 

6.2    Limitation on Liability.    
(a)  Citibank and Purchaser shall be entitled to rely on any communication sent by Supplier, irrespective of any error or fraud contained in the communication or the identity of the
individual who sent the communication, and shall not be liable for any action taken or omitted in reliance on any notice, direction, consent, certificate, affidavit, statement, designation or other paper or document reasonably believed by it to be
genuine and to have been duly and properly signed or presented to it by Supplier. 
 (b)    Except for
liabilities to third parties relating to defense and indemnification obligations hereunder, no Party shall be liable to any other Party or responsible for any loss of business or profits, revenue or goodwill, or any indirect or consequential,
special, exemplary or punitive losses or damages, whether arising from negligence, breach of contract or otherwise, even if informed of the possibility of those losses or damages. 

(c)    Citibank shall not be liable to Supplier for any Losses arising out of or relating to any of its actions or
omissions to act hereunder, except to the extent that any such Losses are caused by Citibank’s gross negligence or willful misconduct. Citibank’s liability for any Losses to Purchaser shall be governed solely and exclusively by the terms
of the Servicing Agreement. 
 (d)    No Party shall be deemed to be in default of any of the obligations
required to be performed by it under this Agreement to the extent that performance thereof is delayed, hindered or becomes impossible because of any act of God or public enemy, hostilities, war (declared or undeclared), guerilla activities,
terrorist activities, act of sabotage, blockade, earthquake, flood, landslide, avalanche, tremor, ground movement, hurricane, storm, explosion, fire, labor disturbance, riot, insurrection, strike, sickness, accident, civil commotion, epidemic, act
of government or its agencies or officers, power interruption or transmission failure or any other cause beyond the reasonable control of such Party. 

6.3    No Implied Duties or
Warranties.    Citibank shall be obliged to perform such duties and only such duties as are specifically set forth herein, and no implied duties or
responsibilities shall be read or implied into this Agreement against Citibank. Notwithstanding any other provision elsewhere contained in this Agreement, Citibank shall have no duties or obligations hereunder to any person or entity other than
Purchaser and Supplier and, without limiting the foregoing, does not assume any obligation or relationship of agency or trust hereunder for, 

  

 7 

 or with, Supplier, Purchaser, or any other persons. Except as expressly provided in this
Agreement, no representation, warranty, term or condition, express or implied, statutory or otherwise, is given or assumed by Citibank in respect of the Licensed Resources. Without limiting the foregoing, Purchaser and Supplier understand that
Citibank is not giving any representation or warranty as to condition, performance, fitness for purpose, suitability, merchantability, quality or otherwise, or of non-infringement, and that the Licensed Resources are provided as is, except as
expressly provided herein. Nothing herein shall limit the obligations of Citibank under any other agreement it may have with any other Party or the UST. 

6.4    Confidentiality: Inspection Rights of
UST.    (a) Each Party agrees to maintain the confidentiality of any Confidential Information (as defined below) of the other Party to which it has access
under the System or otherwise under this Agreement, and to use such Confidential Information only for the purposes of exercising its rights and performing its obligations under this Agreement, and not for its own personal gain or benefit.
“Confidential Information” shall mean information of a Party that the receiving Party knows or reasonably should know to be confidential to such first Party; provided, however, that the term does not include any
information that the receiving Party can demonstrate, by clear and convincing evidence: (i) to be part of the public domain without any breach of this Agreement by the receiving Party; (ii) to be or to become generally known to the general
public or organizations engaged in the same or similar businesses as the receiving Party on a non-confidential basis, through no wrongful act of such Party; (iii) to be known by the receiving Party prior to disclosure to it hereunder without
any obligation to keep it confidential; (iv) to be disclosed to it by a third party which, to the best of the receiving Party’s knowledge, is not required to maintain the information as proprietary or confidential; (v) to be
independently developed by the receiving Party without reference to Confidential Information of the other Party; or (vi) to be the subject of a written agreement whereby the other Party consents to the disclosure of such Confidential
Information on a non-confidential basis. Notwithstanding anything to the contrary in this Agreement, UST shall have the right to disclose any documents and information provided to it hereunder to its Representatives and nothing herein shall prevent
UST from disclosing any such documents or information to the extent required by any legal requirements or by any subpoena or similar legal process. UST understands that the documents and information may contain commercially sensitive confidential
information entitled to an exception from a Freedom of Information Act request. 
 (b)    Notwithstanding
the foregoing, any Party may disclose Confidential Information obtained from any other Party to any authority of competent jurisdiction if disclosure is required pursuant to a court order or instruction of

 any regulatory or supervisory authority having jurisdiction over it, provided that the
disclosing Party shall have given such other Party prompt notice thereof (unless it has a legal obligation to the contrary) so that such other Party may seek a protective order or other appropriate remedy to prevent disclosure. 

(c)    At all times during the term of this Agreement, the Supplier shall permit (i) the Lender and its agents,
consultants, contractors and advisors, (ii) the Special Inspector General of the Troubled Asset Relief Program, and (iii) the Comptroller General of the United States access to personnel and any books, papers, records or other data
delivered to it hereunder or otherwise in its possession, custody or control, in each case to the extent relevant to ascertaining compliance with the terms and conditions set forth herein and the Program Terms, during normal business hours and upon
reasonable notice to the Supplier, as the case may be; provided that prior to disclosing any information pursuant to clause (i), (ii) or (iii) , the Lender, the Special Inspector General of the Troubled Asset Relief Program and the Comptroller
General of the United States shall have agreed, with respect to documents obtained under this Agreement in furtherance of their respective functions, to follow applicable law and regulation (and the applicable customary policies and procedures,
including those for inspectors general) regarding the dissemination of confidential materials, including redacting confidential information from the public version of its reports, as appropriate, and soliciting input from the Supplier as to
information that should be afforded confidentiality. 

6.5    Indemnity.    
(a) Supplier shall defend, indemnify and hold harmless Citibank and Purchaser and each of then-respective affiliates, employees, directors, officers, and agents (each, an
“indemnified party”), from and against all Losses, including Losses relating to the enforcement of this indemnity, arising out of or in any way relating to (i) any breach of Supplier’s representations, warranties or obligations
under this Agreement, (ii) Citibank’s or Purchaser’s reliance on any Message sent by Supplier using the System, (iii) any dispute with respect to the commercial transaction giving rise to any Receivable, or (iv) any claim that
any Message or other material transmitted or uploaded onto the System by Supplier infringes or misappropriates any third party intellectual property rights, except to the extent that such Losses are caused by the gross negligence or willful
misconduct of such indemnified party. 

6.6    Assignment; Termination of Citibank as Servicer.
    (a) This Agreement shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties; provided, however, that Supplier may
not assign any of its rights or obligations hereunder without each Party’s prior written consent, given in its sole discretion. Purchaser shall have the right without the consent of or notice to Supplier to sell, transfer, assign (including by
way of security), or grant participations in all or any part 

  

 8 

 
of, or any interest in. Purchaser’s obligations, rights and benefits hereunder (provided that, without the consent of Supplier given in its sole discretion, no such assignment shall relieve
Purchaser of its obligations hereunder). Purchaser and Supplier agree that Citibank may perform any and all of its duties and exercise its rights and powers hereunder by or through any one or more sub-agents appointed by Citibank and each such
sub-agent shall be entitled to the benefits of all provisions of this Section 6 as if set forth in full herein with respect thereto; provided that Citibank agrees that such sub-agents will be selected by it with reasonable care and no such
appointment will relieve Citibank of its obligations hereunder. 
 (b)    Upon the effectiveness of any
resignation or other termination of Citibank, as servicer, in accordance with the terms of the Servicing Agreement, Citibank shall have the right, at its election, to terminate its obligations under this Agreement and to terminate Supplier’s
access to the Licensed Resources, with immediate effect upon notice to Purchaser and Supplier and the effectiveness of Citibank’s resignation or termination under the Servicing Agreement; provided that upon any such termination of
Citibank’s obligations hereunder, the successor servicer under the Servicing Agreement shall be the successor in all respects to Citibank hereunder and shall be subject to all the responsibilities, duties and liabilities arising thereafter
relating thereto. 

6.7    
Termination.    This agreement shall automatically terminate on the Maturity Date (as such date may be extended in accordance with the Program Terms). Following
the Payment Notification Cut-Off Date, Supplier shall no longer issue Purchase Offers hereunder and Purchaser will no longer process Purchase Offers from Supplier. 

6.8    Survival.    
All covenants made herein shall continue in full force and effect so long as any Purchased Receivable remains outstanding. All confidentiality, security and indemnity obligations and all
limitation of liability provisions contained in this Agreement shall survive and remain in full force and effect notwithstanding termination of this Agreement. 

6.9    
Notices.    Except as otherwise expressly contemplated herein, all notices pursuant to this Agreement shall be in writing, duly signed by the Party giving such
notice, and shall be delivered, emailed, faxed or mailed, as follows: 
 If notice is given to Purchaser: 

GM Supplier Receivables LLC 

c/o General Motors Corporation 

300 Renaissance Center 

Detroit, MI 48265-3000 

Attention: Group Vice President, Global Purchasing and 

Supply Chain 

Telecopy: (586) 575-1968 

Telephone: (586) 575-2510

 Email: bo.i.andersson@gm.com 

with copies to: 

Attention: General Counsel 

Telecopy: (586) 575-1887 

Telephone: (586) 575-4015 

Email: christopher.f.dubay@gm.com 

and: 

Attention: Executive Director, Finance 

Telecopy: (586) 575-3404 

Telephone: (586) 575-1796 

Email: stephen.small@gm.com 

If notice is given to Supplier: 
  

			
	    Supplier Name:  	  	 Shiloh Industries
Inc

	 	  	 
	Attention:  	  	 Tom Dugan

	Address:  	  	 880 Steel Drive

	 	  	 Valley City, OH 44280

	Email:  	  	 TMDUGAN@SHILOH.COM

	Phone:  	  	 330.558.2693

	Fax:  	  	 330.558.2670

If notice is given to Citibank: 

Citibank, N.A. 

388 Greenwich Street,
25th Floor 

New York, NY 10013 

Attn: Deborah Bennett 

Phone: 212-816-7019 

Fax: 212-816-2265 

6.10    Entire Agreement: No Third Party Beneficiaries:
Amendments.    This Agreement embodies the entire agreement between the Parties relating to the subject matter hereof, and supersedes all prior agreements relating
to this subject matter. This Agreement shall not be construed to confer any right, benefit, remedy or claim upon any person or entity other than each Party and their respective successors and permitted assigns; provided, however, that each of the
Parties acknowledges and agrees that the Lender shall be an express third party beneficiary of all of Supplier’s representations, covenants and obligations under this Agreement, and may enforce each directly against Supplier as if the Lender
were an original party hereto. All amendments and waivers to this Agreement must be in writing and signed by or on behalf of each of the Parties. The Parties have the right to waive any provision hereof in writing. 

6.11    
Counterparts.    This Agreement may be executed in 

  

 9 

 
any number of counterparts (which may be delivered by facsimile or optically-scanned electronic mail attachment), which taken together shall constitute a single copy of this Agreement. Any
signature delivered by facsimile or by email in “pdf” format shall be deemed an original signature hereto. 

6.12    Governing Law;
Jurisdiction.    This Agreement is governed by the laws of the State of New York. The Parties agree that any New York State court or Federal court sitting in New
York City or an appellate court having appellate jurisdiction over such courts has nonexclusive jurisdiction to settle any disputes in connection with this Agreement, and submit to the jurisdiction of those courts. Each Party waives: (i) any
right to immunity from jurisdiction to which it may be entitled (including, to the extent applicable, immunity from pre-judgment attachment and post-judgment attachment and execution) and (ii) any objection to venue or any claim of
inconvenience in connection with a proceeding brought in such a court. Each Party agrees that any service of process or other notice of legal process may be served upon it by mail or hand delivery if sent to its address given for notices in
Section 6.9. Each Party agrees that nothing in this Agreement shall affect any other Party’s right to serve process in any other manner permitted by law or to commence legal proceedings or otherwise proceed against such Party in any other
jurisdiction. Supplier agrees that final judgment against it in any action or proceeding shall be enforceable in any other jurisdiction by suit on the judgment, a certified copy of which shall be conclusive evidence of the judgment, and any recovery
by Purchaser or Citibank pursuant to any judgment that is expressed in or converted into any currency other than U.S. Dollars, shall not discharge the obligation except to the extent that such recovery results in the actual receipt by Purchaser or
Citibank, as applicable, in New York of the full amount of U.S. Dollars owed. 

6.13 WAIVER OF JURY
TRIAL.    THE PARTIES WAIVE ANY RIGHTS THEY MAY HAVE TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED ON OR ARISING FROM THIS AGREEMENT. 

6.14    Citibank Authorized to Act for
Purchaser.    In

 accordance with the terms of that certain Servicing Agreement dated April 3, 2009
between Purchaser and Servicer (as may be amended, restated and modified from time to time, the “Servicing Agreement”),
Purchaser has appointed Citibank as servicer of the Receivables purchased hereunder. In furtherance of the foregoing, Purchaser hereby confirms, and Supplier hereby agrees, that until and unless instructed in writing to the contrary by Purchaser,
Citibank may give or receive any notice or take any action, including exercising any right provided to the Purchaser, hereunder on behalf of Purchaser; provided, however, that Citibank shall not be liable to Supplier for any Losses arising
out of or relating to any of its actions or omissions to act hereunder on behalf of Purchaser, except to the extent that any such Losses are caused by Citibank’s gross negligence or willful misconduct. 

6.15    Non-Petition.    Each of Citibank and Supplier covenants and agrees that it will
not at any time prior to a year and a day after the Maturity Date, (a) commence or institute against the Purchaser or join with or facilitate any other Person in commencing or instituting against the Purchaser, any bankruptcy, reorganization,
arrangement, readjustment of debt, dissolution, receivership, insolvency or liquidation proceedings, or other similar proceedings under any United States Federal or state, or other jurisdiction, bankruptcy or similar law or statute now or hereafter
in effect or (b) participate in any assignment for benefit of creditors, compositions, or arrangements with respect to the Purchaser’s debts. 

6.16    Limited Recourse.    Notwithstanding anything to the contrary contained in this
Agreement, the obligations of the Purchaser under this Agreement are solely the obligations of the Purchaser and shall be payable solely to the extent of funds received by and available to the Purchaser in accordance with the Security Agreement. No
recourse shall be had for the payment of any amount owing in respect of any obligation of, or claim against, the Purchaser arising out of or based upon this Agreement against any holder of a membership interest, employee, officer or affiliate
thereof. The provisions of this Section 6.16 shall survive the termination or expiration of this Agreement. 

  

 10 

 IN WITNESS WHEREOF, each of the Parties hereto has executed this Agreement as of the date
and year written. 
  

			
	 Shiloh Industries, Inc.

	(Supplier Legal Company Name)
		
	 By:
	 	 /s/ Thomas M. Dugan

		 	(Signature)

			
		
	 Name (printed):
	 	 Thomas M.
Dugan

			
	 Title:
	 	 Treasurer

	 Date:
	 	 4-27-09

 

			
	CITIBANK, N.A.
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
	 Title:
	 	  

	 Date:
	 	  

			
	
	GM SUPPLIER RECEIVABLES LLC
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
	 Title:
	 	  

	 Date:
	 	  

 

 11 

 Schedule I 

Supplier Information 
  

	 A.    Supplier’s
	 Legal Name. 

Shiloh Industries Inc.         

 

	 B.    Supplier’s
	 Jurisdiction of Organization. 

Delaware                     

C.    New Debtor
Events1. 

Did you merge with, or acquire all or substantially all of the assets of, another company or person within the preceding 6 months?

Yes  
 ̈ 

No   
x 

If the answer to the preceding question is Yes: 
  

	 	 A.
	 What is the legal name of the other company or person with which you merged, or from which you acquired such assets? 

 
  

 

	 	 B.
	 At the time of such merger or acquisition, was the other company or person subject to any effective security agreement, mortgage, receivables financing or
other similar transaction with any other purchaser or creditor? 

Yes  
 ̈ 

No   
 ̈ 

 

1
 “New debtor” means a person that becomes bound as debtor by a security agreement previously entered into by another person. A person may become a “new debtor”, if,
by operation of law such person acquires or succeeds to all or substantially all of the assets of the other person in connection with a merger or acquisition of assets or similar transaction. 

 

 12 

 Schedule II 

Approved Affiliates 

Saturn Corporation 
  

 13 

 Annex A 

Auto Supplier Program Terms 

PROGRAM TERMS 
  

	 1.
	 THE PROGRAM. 

These Program Terms apply to the Auto Supplier Support Program (the “Program”) established by the United
States Department of the Treasury (the “Lender” or “UST”) pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L. 110-343, enacted October 1, 2008), as amended
(“EESA”), in which GM Supplier Receivables LLC, a Delaware limited liability company (the “Borrower”), a wholly-owned subsidiary of General Motors Corporation, a Delaware corporation (the “OEM”), is
a participant. 
  

	 2.
	 CERTAIN AGREEMENTS RELATED TO THE
PROGRAM. 

 In connection with the
Program, the Lender, the Borrower, the OEM, Saturn Corporation, a Delaware corporation (“Saturn” and the OEM, the “OEM Parties”), Citibank, N.A., a national banking association (“Citi”), and
Eligible Suppliers (defined below) are entering into certain agreements, including, among others: 

(a)    that certain Credit Agreement dated as of April 3, 2009 between the Borrower and the
Lender (the “Credit Agreement”); 
 (b)    that certain Security Agreement,
of even date with the Credit Agreement, among the Borrower, the Lender, Citi as servicer for the Borrower pursuant to the Servicing Agreement defined below (in such capacity, the “Servicer”) and Citi as Collateral Agent (in such
capacity, the “Collateral Agent”) (the “Security Agreement”); 

(c)    that certain Pledge Agreement, of even date with the Credit Agreement, among the OEM, Saturn,
the Lender, the Servicer and the Collateral Agent (the “Pledge Agreement”); 

(d)    that certain Servicing Agreement, of even date with the Credit Agreement, between the Servicer
and the Borrower (the “Servicing Agreement”); 
 (e)    from time to time,
Supplier Purchase Agreements each among the Borrower, Citi and an Eligible Supplier, in substantially the form attached as Exhibit F of the Credit Agreement (each, a “Supplier Agreement”); and 

(f)    that certain Paying Services and Supplier Designation Agreement, of even date with the Credit
Agreement, between the OEM and Citi as Paying Agent for the OEM (in such capacity, the “Paying Agent”), in which Saturn has joined pursuant to that certain Joinder Agreement of even date with the Credit Agreement (the
“Paying Services Agreement”). 
 All references to the agreements identified above in this
Section 2 shall, unless otherwise specified, be deemed to refer to such agreements as amended, supplemented, restated or otherwise modified from time to time, or any successor or replacement agreement which may be entered into from time to
time, subject in each case to any applicable limitations specified herein or therein. 
  

 14 

	 3.
	 DEFINED TERMS. 

In addition to the terms previously defined above, the following terms have the following respective meanings:

 (a)    “Adverse Claim”: any mortgage, pledge,
security interest, hypothecation, assignment, encumbrance or lien of or on any Person’s assets or properties in favor of any other Person, other than a tax,
mechanics1 or other lien or encumbrance that attaches by
operation of law or any subordinated lien permitted under a Lien Priority Agreement. 

(b)    “Affiliate”: as to any Person, any other Person that, directly or indirectly,
is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and
policies of such Person, whether by contract or otherwise. 
 (c)    “Business
Day” means a day other than a Saturday, Sunday, a Federal holiday or other day on which commercial banks in New York City are authorized or required by law to close. 

(d)    “Credit Memo Receivable”: means a payment from an OEM Party to a Supplier
representing an adjustment to an existing or past Receivable as a result of missing invoices, incorrect receipt of goods, vendor scrap or other adjustments resulting from price changes, quantity discrepancies or vendor returns. 

(e)    “Due Date”: with respect a Payment Instruction or a Payment Notification, the
Business Day on which the payment obligation of the OEM Party in respect of that Payment Instruction or Payment Notification, as the case may be, will be due and payable, that date being the earlier of: 

 

	 	 (i)
	 the date specified in the Payment Instruction or Payment Notification, as the case may be, for payment or if such date is not a Business Day, the
first Business Day following that date; and 

  

	 	 (ii)
	 the date that is two (2) Business Days before the Maturity Date. 

(f)    “Eligible Receivable”: shall mean a Receivable which satisfies the following
criteria: 
  

	 	 (i)
	 it constitutes a trade account receivable representing a valid obligation of an OEM Party to make payment in United States Dollars to the Eligible
Supplier for goods shipped or delivered or services rendered to such OEM Party; 

  

	 	 (ii)
	 unless such Receivable is a Credit Memo Receivable, it was originated (A) not before March 19, 2009 and (B) not more than 20 Business
Days prior to the Purchase Date thereof in the ordinary course of the Eligible Supplier’s business; provided, however, that the foregoing clause (B) shall not apply to Receivables the Purchase Date of which occurs on or
before April 20, 2009; 

  

	 	 (iii)
	 unless such Receivable is a Credit Memo Receivable, it has a Due Date at least 30 days after the date of its origination and not later than the
earlier of (A) the date occurring 90 days after the date of its origination and (B) the date 2 Business Days prior to the Maturity Date; 

  

	 	 (iv)
	 it arises under an Underlying Contract (A) which, together with such Receivable, is in full force and effect and constitutes the genuine,
legal, valid and binding 

  

 15 

	 	
payment obligation in writing of an OEM Party, enforceable against such OEM Party in accordance with its terms and (B) with respect to which, no material default or breach by such OEM Party
under the terms thereof has occurred; 

  

	 	 (v)
	 such Receivable, together with the Underlying Contract related thereto, complied at the time it was originated or made and, as of such Purchase
Date, complies in all material respects with all requirements of, and docs not contravene in any material respect any, applicable federal, state or local laws and regulations; 

 

	 	 (vi)
	 it has not been satisfied, subordinated, rescinded, or otherwise compromised; 

 

	 	 (vii)
	 it is not subject to any counterclaim, contra-account, volume rebate, cooperative advertising accrual, deposit or offset;

  

	 	 (viii)
	 it does not arise from a bill-and-hold, guaranteed sale, sale-or-return, sale-on-approval, consignment or similar transaction and is not subject to
repurchase, return, rejection, repossession, loss or damage (other than, prior to April 17, 2009, any Eligible Supplier’s right of reclamation arising under Section 2-702 of the Uniform Commercial Code (or any analogous provision of
the law applicable to such Underlying Contract)); 

  

	 	 (ix)
	 it represents a final sale with respect to which the goods giving rise to the Receivable have been delivered to and accepted by an OEM Party or the
service giving rise to the Receivable has been completely performed to the satisfaction of an OEM Party; 

  

	 	 (x)
	 it is not evidenced by a note or other instrument or chattel paper or reduced to judgment; 

 

	 	 (xi)
	 it is not by contract, subrogation, mechanics’ lien laws or otherwise, subject to claims by the Eligible Supplier’s creditors or other
third parties, except for any subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xii)
	 it does not constitute a service charge, warranty charge or similar charge; 

 

	 	 (xiii)
	 it does not represent an accord and satisfaction in respect of any prior Receivable; 

 

	 	 (xiv)
	 it has not been amended in any respect such that the Principal Balance thereof has been modified; 

 

	 	 (xv)
	 it is not subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to it;

  

	 	 (xvi)
	 it is not the subject of any pending or threatened litigation; 

 

	 	 (xvii)
	 it is free and clear of any Adverse Claim other than the security interest therein then being granted to Purchaser; 

 

	 	 (xviii)
	 as to which Receivable, all filings (including UCC filings) necessary in any jurisdiction to give the Purchaser a first perfected ownership interest
in such Receivable shall have been made; 

  

 16 

	 	 (xix)
	 as of the Purchase Date thereof, the Credit Agreement has not terminated and no notice of termination of the Commitment (as defined in the Credit
Agreement) has been given by the Lender thereunder; 

  

	 	 (xx)
	 as of the Purchase Date thereof, the OEM is not the subject of any bankruptcy, insolvency or reorganization proceeding or any other proceeding
seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property; and 

 

	 	 (xxi)
	 if such Receivable represents an obligation of Saturn, as of the Purchase Date thereof, Saturn is not the subject of any bankruptcy, insolvency or
reorganization proceeding or any other proceeding seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property. 

provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or
pursuant to, any Transaction Document that any Receivable is an Eligible Receivable, such OEM Party or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in clause (xi) of the
definition of “Eligible Receivable” to the knowledge of such OEM Party and the Borrower; and 

provided further, that, in the context of any representation or warranty made by the Eligible Supplier in,
or pursuant to, any Supplier Agreement that any Receivable is an Eligible Receivable, the Eligible Supplier shall be deemed to have represented and warranted as to the matters set forth in clauses (xix) and (xx) of the definition of
“Eligible Receivable” to the knowledge of the Eligible Supplier; and 
 provided
further, that, in the context of any representation or warranty made by any Person in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have
represented and warranted as to the matters set forth in clause (xvi) (solely with respect to threatened litigation) to the knowledge of such Person; and 

provided further, that, in the context of any representation or warranty made by any Person (other than
Citi) in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (xviii) of the
definition of “Eligible Receivable” to the knowledge of such Person. 

(g)    “Eligible Supplier”: a Person that: 

 

	 	 (i)
	 is not an Affiliate of the Borrower or any OEM Party; 

 

	 	 (ii)
	 is a party to an Underlying Contract; 

  

	 	 (iii)
	 has been designated by an OEM Party as an “Eligible Supplier” in a written notice to the Servicer for participation in the Program;

  

	 	 (iv)
	 is not an Ineligible Supplier; and 

  

	 	 (v)
	 is (A) a party to a Supplier Agreement, and (B) not in breach of default of any of the representations, warranties or covenants of such
Supplier Agreement; 

  

 17 

 provided that, in the context of any representation or warranty made
by the a Person in, or pursuant to, any Supplier Agreement that such Person is an Eligible Supplier, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (iii) of the definition of “Eligible
Supplier” to the knowledge of such Person. 
 (h)    “Executive Order
13324” means Executive Order No. 13224, effective as of September 24, 2001 and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism, 66 Fed. Reg. 49079 (2001).

 (i)    “Governmental Authority”: any nation or government, any state or
other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to
government, any securities exchange and any self-regulatory organization. 

(j)    “Immediate Pay Receivable”: any Purchased Receivable with respect to which
the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at or immediately following the sale of such Purchased Receivable to the Borrower (i.e., Payment Option 1 under the Supplier
Agreement). 
 (k)    “Ineligible Person”: any Person that: 

 

	 	 (i)
	 is named, identified, described on or included on (A) the list of Specially Designated Nationals promulgated by OFAC from time to time or
(B) any blocked persons list, designated nationals lists, denied persons list entity list debarred party list, unverified list, sanctions list or other list of Persons with whom United States Persons may not conduct business, including lists
published or maintained by the United States Department of Commerce and lists published or maintained by the United States Department of State; 

  

	 	 (ii)
	 is subject to the provisions of, or owned or controlled by or acting for or on behalf of any Person that is subject to the provisions of, Executive
Order 13324; 

  

	 	 (iii)
	 commits, threatens or conspires to commit or threaten “terrorism” (as defined in Executive Order 13324); 

 

	 	 (iv)
	 is subject to trade restrictions under United States law, including, but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§§ 1701 et seq., the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., the foreign assets control regulations of UST (31 C.F.R. Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or
regulations promulgated thereunder (including Executive Order 13224 and the USA PATRIOT Act); or 

  

	 	 (v)
	 is an Affiliate of or affiliated with any Person listed above; 

provided, that, in the context of any representation or warranty made by an OEM Party or the Borrower in, or
pursuant to, any Transaction Document that any Person is an Eligible Supplier or is not an Ineligible Supplier, such OEM Party or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in the
definition of “Ineligible Person” to the knowledge of such OEM Party and the Borrower. 

(1)    “Ineligible Supplier”: any Person: 

 

 18 

	 	 (i)
	 that is an Ineligible Person; or 

  

	 	 (ii)
	 as to which UST has notified the OEM Parties, the Borrower and the Servicer, in its capacity as servicer for the Borrower, that UST has determined,
after reasonable consultation with the Borrower and the OEM, that such Person is not eligible for participation in the Program; provided, that such determination shall ultimately rest with UST in its sole discretion, notwithstanding any
consultation with the Borrower or OEM. 

 (m)    “Insolvency
Event” means, with respect to a specified Person: 
  

	 	 (i)
	 the commencement of any case, proceeding or other action by such Person (A) under any existing or future law of any jurisdiction, domestic or
foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment,
winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of
its assets; or 

  

	 	 (ii)
	 the commencement against such Person of any case, proceeding or other action of a nature referred to in clause (i) above that (A) results
in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 90 days; or 

 

	 	 (iii)
	 the commencement against such Person of any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or
similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 90 days from the entry thereof; or

  

	 	 (iv)
	 such Person (excluding the OEM Parties) taking any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of
the acts set forth in clause (i), (ii), or (iii) above; or 

  

	 	 (v)
	 such Person (excluding the OEM Parties) generally not, or being unable to, or admitting in writing its inability to, pay its debts as they become
due; or 

  

	 	 (vi)
	 such Person making a general assignment for the benefit of its creditors. 

(n)    “Lien Priority Agreement” means a Lien Priority Agreement between any
Supplier and a creditor of such Supplier in the form attached as Exhibit C to the Servicing Agreement. 

(o)    “Maturity Date”: April 2, 2010, and any extensions of such date pursuant
to the Credit Agreement. 
 (p)    “OFAC” means the Office of Foreign
Assets Control of UST. 
 (q)    “Pay at Maturity Receivable”: any
Purchased Receivable with respect to which the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at the Due Date thereof (i.e., Payment Option 2 under the Supplier Agreement). 

 

 19 

 (r)    “Payment Instruction”: as
defined in the Paying Services Agreement. 
 (s)    “Person”: an
individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 

(t)    “Principal Balance” of a Receivable means the face amount of such Receivable
specified in the associated Payment Instructions. 
 (u)    “Purchase Date”
means, with respect to any Eligible Receivable, the date such Eligible Receivable becomes a Purchased Receivable. 

(v)    “Purchase Price”: as defined in the Supplier Agreements. 

(w)    “Purchased Receivables”: Eligible Receivables purchased by Borrower from time
to time pursuant to any Supplier Agreement. 
 (x)    “Purchaser”:
Borrower, in its capacity as the “Purchaser” under any Supplier Agreement. 

(y)    “Receivables” means accounts, instruments, documents, contract rights,
general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to a Supplier by an OEM Party, whether now existing or hereafter created,
that represent bona fide obligations of the OEM Party arising out of the Supplier’s sale and delivery of goods or services, together with the Related Security, and with respect to each of the foregoing, all proceeds thereof. 

(z)    “Related Security” means, with respect to any Receivable (i) all of the
related Supplier’s interest in any merchandise (including returned merchandise) relating to any sale giving rise to such Receivable and all of the related Supplier’s rights of reclamation or rights to any administrative expense or priority
claim under section 503(b)(9) of Title 11 of the United States Code or otherwise with respect to any merchandise relating to any sale giving rise to such Receivable and all administrative claims related thereto arising as a result of any Insolvency
Event with respect to the account debtor of any such Receivable; (ii) all security interests or liens and property subject thereto purporting to secure payment of such Receivable; (iii) all tax refunds and proceeds of insurance with
respect thereto; (iv) all guaranties, insurance, other agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable; and (iv) all books, records and other information relating to such
Receivable. 
 (aa)    “Transaction Documents” has the meaning assigned in
the Credit Agreement. 
 (bb)    “Underlying Contract”: a contract
(including a purchase order or invoice) entered into in the ordinary course of business between an Eligible Supplier and an OEM Party pursuant to which the Eligible Supplier is entitled to receive payments from such OEM Party for goods and services
provided to such OEM Party. 
 (cc)    “USA PATRIOT Act”: the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56. 
  

 20 

 SUPPLIER PURCHASE AGREEMENT 

 

									
	 Dated as of
	 	 April 27,
	 	 2009,
	 	 between
	 	 Shiloh Industries Inc.,

		 	 month/day
	 	year	 		 	 full, registered legal name of your company (incl. “Inc.”, “LLC” or “Co.” if applicable)

 

									
		 	 , a
	 	     Delaware
	 	 Corp
	 	 (“Supplier”),

	any DBA in parenthesis here [ex: (DBA: ABC Tools)]	 		 	     state of company registration
	 	 type
	 	

 Chrysler Receivables SPV LLC, a Delaware limited liability company (“Purchaser”),
and Citibank, N.A., a national banking association (“Citibank”). 

 

 BACKGROUND 

A.   
 From time to time Supplier enters into commercial trade transactions with Chrysler LLC, a Delaware limited liability company (“OEM”) or its Approved Affiliates, if any, for the sale of goods or services, resulting in
Receivables (as defined below) owed by OEM or such Approved Affiliates to Supplier. 

B.    OEM
 is participating in the United States Department of the Treasury (“UST”) Auto Supplier Support Program, certain terms of which are outlined in Annex A hereto (the “Program Terms”). 

C.    From
 time to time Supplier wishes to sell to Purchaser, and Purchaser wishes to purchase from Supplier, certain identified Eligible Receivables (as defined below) that are processed through the System (as defined below), subject to the Program Terms and
the other terms and conditions set forth in this Agreement. 

D.    To
 facilitate the processing of such Eligible Receivables, and payments made with respect thereto, OEM, Supplier and Purchaser intend to utilize one or more computerized settlement systems, including related services, Equipment and Software (as
further defined in Article III of this Agreement and, collectively, the “System”) provided by Citibank. Citibank is prepared to provide to Supplier a license to the System, subject to the terms and conditions set forth in this
Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants, terms, conditions, representations and warranties
contained herein, and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, Supplier, Purchaser and Citibank agree as follows: 

ARTICLE I: DEFINITIONS 

In this Agreement: 

“Agreement”
 means this Supplier Purchase Agreement, including all Schedules hereto, as amended from time to time. 

“Approved
Affiliate” means each subsidiary or affiliate of OEM, if any, participating in the Auto Supplier Support

 
Program with the consent of UST and listed on Schedule II hereto, as the same may be modified from time to time with the consent of UST. 

“Business Day”
 has the meaning set forth in the Program Terms. 

“Collateral
Account” means the account established by Purchaser into which Purchaser is required to deposit all amounts payable to
it by OEM or any Approved Affiliate in respect of any Purchased Receivables. 

“Designated
Account” means the bank account identified in the Set-Up Form completed by Supplier in order for Citibank to implement
the services contemplated in this Agreement, as such information may be modified from time to time with prior written notice to Citibank (and following Citibank’s uploading of such information into the System). 

“Discount
Charge” means, with respect to any Receivables that are the subject of any Purchase Offer hereunder, (a) if Payment Option 1 has been elected by Supplier, an amount equal to
3.0% of the face amount of such Receivables or (b) if Payment Option 2 has been elected by Supplier, an amount equal to 2.0% of the face amount of such Receivables. 

“Due
Date” has the meaning set forth in the Program Terms. 
 
“Eligible Receivable” has the meaning set forth in the Program Terms. 

“Equipment” means
 all equipment provided by or on behalf of Citibank to the other Parties for the purpose of accessing or using the System, including all authentication products. 

“Insolvency
Event” has the meaning set forth in the Program Terms. 

“Intellectual Property
Rights” means all rights in inventions, patents, copyrights, design rights, database rights, trademarks and trade names, service marks, trade secrets, know-how and other
intellectual property rights (whether registered or unregistered) and all applications and rights to apply for any of them anywhere in the world that apply to the Licensed Resources.

  

 2 

“Lender”
has the meaning set forth in the Program Terms. 

“License” has
 the meaning set forth in Section 3.1. 
 “Licensed
Resources” means, collectively, the System and the Policies and Procedures. 

“Losses” shall
 mean any claims, liabilities, losses, damages, costs or expenses, including reasonable attorneys’ fees and disbursements, other dispute resolution expenses (including reasonable fees and expenses in preparation for a defense of any
investigation, litigation or proceeding) and costs of collection. 

“Maturity
Date” has the meaning set forth in the Program Terms. 
 
“Message” has the meaning set forth in Section 2.5. 

“NYUCC”
means the Uniform Commercial Code in effect in the State of New York. 

“Party”
or “Parties” means any or all of Supplier, Purchaser or Citibank, as
the context requires. 
 “Payment Notification”
 means, with respect to an Eligible Receivable, the notification sent by Citibank, in its capacity as paying agent for OEM and its Approved Affiliates (the
“Paying Agent”), to Supplier through the System, notifying Supplier
that OEM has instructed the Paying Agent to make payment from OEM’s account of a specified amount on the applicable Due Date in payment of such Eligible Receivable. 

“Payment Notification Cut-Off
Date” means the last Business Day of the calendar month preceding the Maturity Date. 

“Payment Option
1” and “Payment Option
2” have the meaning set forth in Section 2.4. 

“Person” has
the meaning set forth in the Program Terms. 
 “Policies and
Procedures” means all tangible printed information (including any in electronic form) provided from time to time by or on behalf of Citibank to the other Parties in connection
with the use of the System. 
 “Purchased Receivable”
 has the meaning set forth in the Program Terms. 

“Purchase
Offer” and “Purchase
Price” have the meanings set forth in Section 2.1. 

“Qualifying Payment
Notification” means a Payment Notification received by Supplier on or prior to the Payment Notification Cut-Off Date. 

“Receivables” has
 the meaning set forth in the Program Terms. 
 “Related
Security” has the meaning set forth in the Program Terms. 

“Representatives” has
the meaning set forth in the Servicing Agreement. 

 

 “Security
Agreement” has the meaning set forth in the Program Terms. 

“Set-Up
Form” means the program set-up form completed by Supplier in connection with the transactions contemplated hereby. 

“Software” means
 all software, programming or object code provided by or on behalf of Citibank to the other Parties for utilizing a computer or like device to use the System. 

“System” has
 the meaning set forth in the Recitals hereto. 
 ARTICLE II: RECEIVABLES SALE AND PURCHASE 

2.1    Purchase
Offers.    Upon Supplier’s receipt of a Qualifying Payment Notification, Supplier is deemed to automatically offer to sell to Purchaser the Eligible
Receivables (a “Purchase Offer”) described in such Payment
Notification at a price (the “Purchase Price”) equal to the face
amount of such Eligible Receivables as specified in such Qualifying Payment Notification less the applicable Discount Charge. 

2.2    Agreement to
Purchase.    In accordance with the terms and subject to the conditions hereinafter set forth, upon Supplier’s receipt of a Qualifying Payment Notification,
Purchaser agrees to purchase from Supplier, all of Supplier’s right, title and interest in and to all of the Eligible Receivables described in such Qualifying Payment Notification for a price equal to the Purchase Price. 

2.3    Receivables
Purchase.     (a) Supplier hereby agrees that, simultaneously with receipt of any Qualifying Payment Notification, the Purchase Offer corresponding to such
Qualifying Payment Notification will be deemed accepted by Purchaser and Supplier will be deemed to have (i) transferred to Purchaser all of Supplier’s present and future right, title and interest in, to and under the Eligible Receivables
to which such Qualifying Payment Notification relates, and (ii) provided notice to the Paying Agent of Supplier’s designation of Purchaser as the entity to receive payment of the amount specified in OEM’s Qualifying Payment
Notification with respect to such Eligible Receivables. No further writing shall be necessary to evidence such transfer of ownership. In furtherance of the foregoing, Supplier agrees to sign all such other documents, and take all such further
actions, as Purchaser may reasonably request from time to time to evidence this transfer of ownership. Provided that sufficient funds are made available to Paying Agent by OEM (or, by OEM on behalf of an Approved Affiliate) at or prior to 12:00 noon
New York time one Business Day prior to the Due Date, Citibank shall make payment of OEM’s or such Approved Affiliate’s obligations to the Purchaser or its designee on the Due Date, in accordance with the terms of each Qualifying Payment
Notification, by automated clearing house network or wire transfer of immediately available funds to the Collateral Account. 

  

 3 

 (b)    Supplier hereby agrees that its obligations under this Agreement
and any Purchase Offers issued by it shall not be affected by the invalidity, unenforceability, existence, performance or non-performance of the relevant underlying transaction, which (and any liability for which) shall be between Supplier and OEM
or Approved Affiliate, as the case may be, only (provided that this clause (b) shall not limit Supplier’s liability for any breach of a representation or warranty made by it in this Agreement). 

(c)    It is the intention of Supplier and Purchaser that each purchase and sale of Eligible Receivables pursuant to
this Article II shall constitute a true sale, which sale will be absolute and irrevocable and provide Purchaser with the full benefits and burdens of ownership of such Eligible Receivables. Except as provided in Sections 2.3(d) and
6.5, the sale of Eligible Receivables hereunder is made without recourse to Supplier; provided, however, that such sale does not constitute and is not intended to result in an assumption by Purchaser or Citibank of any obligation of Supplier
or any other person arising in connection with the Eligible Receivables or any other obligations of Supplier. In the event, but only to the extent, that the conveyance of any Eligible Receivables by the Supplier hereunder is characterized by a court
or other governmental authority as a loan rather than a sale, the Supplier shall be deemed hereunder to have granted to Purchaser effective as of the date of the first purchase under this Agreement, a security interest in all of Supplier’s
right, title and interest in, to and under all of the Eligible Receivables sold by it, whether now or hereafter owned, existing or arising. Such security interest shall secure any and all rights of, and payments owed to, Purchaser under this
Agreement, whether now or hereafter existing or arising, due or to become due, direct or indirect, absolute or contingent. Purchaser shall have, in addition to all the other rights and remedies available to Purchaser under this Agreement and
applicable law, all the rights and remedies of a secured party under the NYUCC, and this Agreement shall constitute a security agreement under applicable law. Purchaser will cause all of its applicable books and records (including, computer and
other electronic records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables. 

(d)    If any Receivable for which the Purchaser has paid to Supplier the applicable Purchase Price is subsequently
determined by Purchaser or Citibank not to have been an Eligible Receivable as of the date of the corresponding Purchase Offer, and such failure is a result of the inaccuracy of any of Supplier’s representations or warranties hereunder, then
Supplier agrees that, at Purchaser’s election, Supplier will repurchase the affected Receivable from Purchaser for a price equal to its Purchase Price (provided that Supplier agrees that Purchaser may effect such repurchase by setting off any
obligations, including any obligation to pay any Purchase

 
Price, whether then existing or thereinafter arising, owed to Supplier hereunder). Following the repurchase by Supplier of any ineligible Receivable in accordance with the foregoing, Purchaser
and Citibank agree that (i) Citibank will make payment to the Designated Account on the Due Date specified in the Payment Notification corresponding to such Receivable (to the extent funds are provided for such payment by OEM (or by OEM on
behalf of an Approved Affiliate)) or (ii) to the extent OEM has theretofore discharged its (or its Approved Affiliate’s) obligation in respect of such Receivable by payment to Purchaser, Purchaser shall pay to Supplier an amount equal to
such payment received by it from OEM (or, from OEM on behalf of an Approved Affiliate) (in each case, taking into account any setoff exercised in accordance with the preceding sentence). 

2.4    Payment of Purchase
Price. 
 Important: Supplier must elect either Payment
Option 1 (Immediate Payment) or Payment Option 2 (Payment on Maturity). If no Payment Option is selected by Supplier, Supplier will be deemed to have elected Payment Option 1 (Immediate Payment). The Payment Option selected by
Supplier will be applicable to all Eligible Receivables purchased from Supplier hereunder and may not be modified without the prior written consent of Purchaser and Citibank (such consent not to be unreasonably withheld). 

CHECK ONE BOX BELOW. 

PAYMENT OPTION 1: IMMEDIATE PAYMENT 

x    If Payment Option 1 is elected or deemed to have been elected,
Purchaser shall pay to Supplier the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the fourth Business Day
following Supplier’s receipt of such Purchase Offer. 
 OPTION 2: PAYMENT ON MATURITY 

 ̈    If Payment Option 2 is elected, Purchaser shall pay to Supplier
the Purchase Price for the Eligible Receivables to which a Purchase Offer relates by depositing the Purchase Price therefor in the Designated Account on or before the close of business on the Due Date. 

Regardless of whether Payment Option 1 or Payment Option 2 is elected (or deemed elected) by Supplier, it is the intention of Supplier
and Purchaser that each purchase and sale of any Eligible Receivables pursuant to this Article II shall constitute a true sale at the time each Purchase Offer is accepted by Purchaser as provided in Section 2.3 above, and at such time, all of
Supplier’s present and future right, title and interest in, to and under such Eligible Receivables shall be deemed transferred to Purchaser, following which Purchaser will have the full benefits and burdens of ownership of such Eligible
Receivables as provided in Section 2.3 above (including 

  

 4 

 the risk of non-payment by OEM or the relevant Approved Affiliate). 

2.5    
Messages.  Supplier shall use the System to send all information, instructions and messages (“Messages”) under this Agreement (including, without
limitation, any updates to the Supplier’s list of personnel authorized to use the System on Supplier’s behalf). Any Message sent by Supplier via the System is valid and binding on Supplier, and Citibank and Purchaser are entitled to rely
thereon, irrespective of any error or fraud contained therein or the identity of the individual who sent the Message, except to the extent that such error or fraud or use of the System by an unauthorized third party is a result of the failure by
Citibank to use commercially reasonable security measures to prevent unauthorized access to the System. Supplier agrees that the act of sending a Message electronically in accordance with this Agreement is as legally binding as if Supplier had
manually executed and delivered that Message in written form, and that Supplier will not contest the validity, legally binding nature or enforceability of that Message on the basis that the act of sending the Message electronically is invalid or not
binding on Supplier. 
 ARTICLE III: LICENSE TO THE SYSTEM 

3.1    License
Grant.  (a) Subject to the terms and conditions set forth herein, Citibank hereby grants to Supplier a limited, personal, non-exclusive, nontransferable license and
right, without the right to further sublicense, during the term of this Agreement, to access and use the Licensed Resources, solely for the purposes contemplated by this Agreement (the “License”). Except as expressly set forth in
this Agreement, Supplier shall have no other right (including any ownership right or intellectual property right), title or interest to or in the Licensed Resources or any portion thereof. 

(b) Supplier acknowledges that, as between Citibank and Supplier, all right, title and interest in and to the System, including without
limitation, all Intellectual Property Rights therein, are vested, and shall remain vested, in Citibank and its licensors. Notwithstanding anything to the contrary contained herein and except as otherwise may be expressly agreed in writing, all
right, title and interest in and to revisions, upgrades, updates, derivative works and other improvements to the System shall vest solely in Citibank and its licensors. Except for the grant herein by Citibank to Supplier, nothing in this Agreement
shall act to operate as an assignment or other transfer of any of such rights to Supplier. 

3.2    
Usage.  (a) Supplier shall access and use the System only in accordance with this Agreement and the Policies and Procedures. Supplier shall remain informed as to any
updates to the Policies and Procedures that may be implemented from time to time. Approval of an update shall be deemed to be given by Supplier if Supplier continues to utilize the System subsequent to the publication of any such update. 

 

 (b)    Supplier shall promptly use any successors, updates, new
releases or replacements of any portion of the Equipment or Software provided to it from time to time by- Citibank or otherwise, for use in accessing the System, and cease to use the previous version or release of such portion. 

(c)    Supplier shall have the right under the License to use the content of the System website on a computer screen,
to print reasonable extracts from the website, and to save reasonable copies to its hard drive(s), in each case solely for the purposes contemplated by this Agreement. All other copying, distribution or commercial use of any of the content of the
website is strictly forbidden. Except for the limited right granted by this Section 3.2(c), no other right or license is granted in respect of the content of the website. 

(d)    Supplier shall not have the right to, and shall not, without the written consent of Citibank, alter or modify
the whole or any part of the Licensed Resources. 

3.3    
Security.        Supplier shall safeguard and keep confidential, and put into effect and maintain commercially reasonable security measures
to safeguard and keep confidential, the Licensed Resources. In furtherance of the foregoing, Supplier agrees that: 

(i) it will not knowingly interfere with, defeat, circumvent or tamper with any information or instruction that is, by
the terms of this Agreement or the Policies and Procedures, to be transmitted through the System, or with the restrictions on use of functionality or access to information on any portion of the System, or attempt to do so; 

(ii) it will not knowingly introduce into any portion of the System any virus or other data or code that harms, or may
adversely affect, the operation of the System; and 
 (iii) it will ensure that all Messages being communicated
by it through the System are sent in accordance with this Agreement and the Policies and Procedures. 

3.4    System
Availability.    Supplier acknowledges and agrees that: (i) Citibank does not represent or warrant that the System will be error-free; and (ii) there
will be downtime from time to time when the System cannot be accessed. In addition, Supplier acknowledges and agrees that it is responsible for providing and maintaining, and Citibank has no liability or responsibility in respect of, equipment not
supplied by or on behalf of Citibank, or utility services that Supplier utilizes as a result of its participation in the System and maintaining a link to the System. Citibank may terminate or suspend Supplier’s access to the Licensed Resources,
with immediate effect upon notice to Supplier, in the event any licensor of the Licensed Resources terminates or suspends, as the case may be, Citibank’s right to provide the Licensed Resources to Supplier or as provided in Section 6.6.
Supplier acknowledges and agrees that Purchaser does not make 

  

 5 

 any representation or warranty, and shall have no liability to Supplier, with respect to
the System. 
 ARTICLE IV: FEES AND CHARGES 

No processing, licensing or other fees or charges will be payable by Supplier or Purchaser to Citibank hereunder, and other than the
applicable Discount Charge payable by Supplier, no other fees or charges will be payable by Supplier to Purchaser. Purchaser acknowledges that it is paying fees to Citibank pursuant to the terms of the Servicing Agreement. 

ARTICLE V: REPRESENTATIONS, WARRANTIES AND 

COVENANTS 

5.1    Mutual Representations and Warranties of the
Parties.    Each Party represents and warrants as follows: (i) it is validly existing and in good standing and has the power to enter into and perform, and
has all necessary authorizations for the entry into, performance and delivery of, this Agreement and the transactions contemplated by this Agreement; (ii) this Agreement constitutes its legal, valid and binding obligation, enforceable in
accordance with the Agreement’s terms; and (iii) its execution, delivery and performance of this Agreement does not contravene its constitutive documents or any contract binding on or affecting it or any of its properties, does not violate
any applicable law, regulation or order, and does not require any notice, filing or other action to or by any governmental authority, except for the financing statements or other instruments or notices referred to in Section 5.3(g). 

5.2    Supplier Representations and
Warranties.    Supplier hereby agrees that, by issuing a Purchase Offer with respect to any Receivable, Supplier will be deemed to have made each of the following
representations and warranties as of the date of such Purchase Offer (and, in the case of the representation in clause (a)(i) below, as of the date any Purchase Price is paid to Supplier hereunder): 

(a)    (i) Supplier is an Eligible Supplier, and (ii) each Receivable which is the subject of such Purchase
Offer is an Eligible Receivable. 
 (b)    Each such Receivable (i) is the exclusive property of
Supplier, free and clear of all security interests, liens or claims of any kind; (ii) is based on a sale of goods or services that have been delivered to and accepted by OEM or an Approved Affiliate, and complies with all applicable legal
requirements; (iii) constitutes a valid, binding and unconditional obligation of OEM or an Approved Affiliate to pay the full amount of such Receivable, free of any defense, set-off or counterclaim; and (iv) is not disputed by OEM or any
other person, and is not the subject of any legal or arbitral proceeding. 
 (c)    The full and correct
legal name, type of organization, jurisdiction of organization, organizational ID number (if applicable) and mailing address of Supplier as of the date

 
hereof are correctly set forth in Schedule I. Supplier has not (i) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the
NYUCC), (ii) except as specified in Schedule I, heretofore changed its name, or (iii) except as specified in Schedule I, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a
currently effective security agreement previously entered into by any other Person. 
 (d)    With respect
to each Receivable purchased by the Purchaser hereunder, the consideration received from the Purchaser in respect of such Receivable represents adequate consideration and fair and reasonably equivalent value for such Receivable. 

(e)    Supplier is not in breach of any of its obligations under this Agreement. 

5.3    Supplier
Covenants.    Supplier hereby covenants and agrees with the other Parties as follows: 

(a)    Supplier shall use the System solely to settle the purchase of Eligible Receivables as contemplated by this
Agreement and shall not use the System for investment or arbitrage purposes, or for any money laundering purpose, or in contravention of any law or regulation. Supplier shall not use the System in any manner that would violate the Program Terms.

 (b)    Supplier shall comply with all relevant laws and regulations applicable to this Agreement and the
Purchased Receivables and transactions conducted using the System including, without limitation, all applicable Program Terms and all applicable export control laws, and shall keep its state or other jurisdiction of organization and the office where
it keeps its records concerning the Purchased Receivables at the address set forth in Section 6.9. Supplier shall timely and fully perform and comply with all provisions required to be observed by it under the contracts related to the Purchased
Receivables and promptly inform Purchaser and Citibank of any breach or default by Supplier of any of the terms hereof or thereof. 

(c)    Supplier shall not (i) sell or otherwise dispose of or permit any encumbrance on the Purchased
Receivables other than Purchaser’s interest therein, (ii) amend or extend the payment terms of any Purchased Receivable or (iii) take or omit any action that might in any way prejudice or limit Purchaser’s rights with respect to
any such Receivable or this Agreement. 
 (d)    Supplier shall maintain and implement administrative and
operating procedures, and keep and maintain all documents, books, records and other information reasonably necessary for the collection of all Purchased Receivables, and with respect to compliance of the underlying commercial transactions with
applicable law. Supplier shall retain each record required to be maintained under this Section 5.3(d) during the term of this Agreement and, if applicable, for such longer period

  

 6 

 as may be required by law. Supplier shall make such procedures, documents, books, records
and other information available to Purchaser and its agents, representatives and relevant authorities upon request, and shall allow copies or extracts thereof to be made, as Purchaser deems necessary. All information provided by Supplier to Citibank
or Purchaser from time to time in connection with this Agreement shall be true and accurate in all material respects, and Citibank and Purchaser are hereby authorized from time to time to verify information about Supplier. 

(e)    Supplier will (i) cause all of its applicable books and records (including, computer and other electronic
records) to clearly and accurately reflect that Purchaser has purchased the Purchased Receivables and will not, and will not permit any Person with which it is consolidated for accounting purposes to, account for or otherwise treat the transactions
hereunder in any manner other than a true sale and absolute transfer of title and beneficial ownership of the Purchased Receivables, and (ii) at Purchaser’s request, transfer possession to Purchaser of all the receipts, order slips,
acceptances, and other records or documentation pertaining to the sale of goods or services to which such Receivables relate. Supplier shall maintain procedures (including, without limitation, an ability to recreate records evidencing specific
Purchased Receivables and related contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information that are reasonably necessary for collecting all Purchased Receivables
(including, without limitation, records adequate to permit the daily identification of each Purchased Receivable and all collections or adjustments with respect thereto). 

(f)    Without at least 30 days’ prior written notice to Citibank and Purchaser, Supplier shall not
(i) change its location (as defined in Section 9-307 of the NYUCC), or (ii) change its name from the name shown as its current legal name on Schedule I. 

(g)    Supplier hereby irrevocably authorizes Purchaser, in its sole discretion, to file (or cause to be filed) one
or more financing statements (and other similar instruments) and amendments thereto, relative to all or any part of the Purchased Receivables, without the signature of Supplier, to the extent permitted by applicable law. If not so permitted by
applicable law, or in such other circumstances as Purchaser may reasonably request, Supplier will execute and file any such financing statements and amendments thereto, and such other instruments or notices and take such other actions as Purchaser
may reasonably request, as may be necessary or appropriate to perfect and maintain the perfection of Purchaser’s ownership and security interest in such Receivables. 

ARTICLE VI: MISCELLANEOUS 

 

 6.1    Waivers;
Severability.    No delay or failure of any Party hereto in exercising any right, privilege or option under this Agreement shall operate as a waiver of such or of
any other right, privilege, or option, if any provision of this Agreement is or becomes illegal or invalid under any applicable law, the validity of the remaining provisions shall not be affected thereby. 

6.2    Limitation on
Liability.    (a) Citibank and Purchaser shall be entitled to rely on any communication sent by Supplier, irrespective of any error or fraud contained in the
communication or the identity of the individual who sent the communication, and shall not be liable for any action taken or omitted in reliance on any notice, direction, consent, certificate, affidavit, statement, designation or other paper or
document reasonably believed by it to be genuine and to have been duly and properly signed or presented to it by Supplier. 

(b)    Except for liabilities to third parties relating to defense and indemnification obligations hereunder, no
Party shall be liable to any other Party or responsible for any loss of business or profits, revenue or goodwill, or any indirect or consequential, special, exemplary or punitive losses or damages, whether arising from negligence, breach of contract
or otherwise, even if informed of the possibility of those losses or damages. 
 (c)    Citibank shall not
be liable to Supplier for any Losses arising out of or relating to any of its actions or omissions to act hereunder, except to the extent that any such Losses are caused by Citibank’s gross negligence or willful misconduct. Citibank’s
liability for any Losses to Purchaser shall be governed solely and exclusively by the terms of the Servicing Agreement. 

(d)    No Party shall be deemed to be in default of any of the obligations required to be performed by it under this
Agreement to the extent that performance thereof is delayed, hindered or becomes impossible because of any act of God or public enemy, hostilities, war (declared or undeclared), guerilla activities, terrorist activities, act of sabotage, blockade,
earthquake, flood, landslide, avalanche, tremor, ground movement, hurricane, storm, explosion, fire, labor disturbance, riot, insurrection, strike, sickness, accident, civil commotion, epidemic, act of government or its agencies or officers, power
interruption or transmission failure or any other cause beyond the reasonable control of such Party. 

6.3    No Implied Duties or
Warranties.    Citibank shall be obliged to perform such duties and only such duties as are specifically set forth herein, and no implied duties or
responsibilities shall be read or implied into this Agreement against Citibank. Notwithstanding any other provision elsewhere contained in this Agreement, Citibank shall have no duties or obligations hereunder to any person or entity other than
Purchaser and Supplier and, without limiting the foregoing, does not assume any obligation or relationship of agency or trust hereunder for, 

  

 7 

 
or with, Supplier, Purchaser, or any other persons. Except as expressly provided in this Agreement, no representation, warranty, term or condition, express or implied, statutory or otherwise, is
given or assumed by Citibank in respect of the Licensed Resources. Without limiting the foregoing, Purchaser and Supplier understand that Citibank is not giving any representation or warranty as to condition, performance, fitness for purpose,
suitability, merchantability, quality or otherwise, or of non-infringement, and that the Licensed Resources are provided as is, except as expressly provided herein. Nothing herein shall limit the obligations of Citibank under any other agreement it
may have with any other Party or the UST. 

6.4    Confidentiality; Inspection Rights of
UST.    (a) Each Party agrees to maintain the confidentiality of any Confidential Information (as defined below) of the other Party to which it has access under
the System or otherwise under this Agreement, and to use such Confidential Information only for the purposes of exercising its rights and performing its obligations under this Agreement, and not for its own personal gain or benefit.
“Confidential Information” shall mean information of a Party that the receiving Party knows or reasonably should know to be confidential to such first Party; provided, however, that the term does not include any
information that the receiving Party can demonstrate, by clear and convincing evidence: (i) to be part of the public domain without any breach of this Agreement by the receiving Party; (ii) to be or to become generally known to the general
public or organizations engaged in the same or similar businesses as the receiving Party on a non-confidential basis, through no wrongful act of such Party; (iii) to be known by the receiving Party prior to disclosure to it hereunder without
any obligation to keep it confidential; (iv) to be disclosed to it by a third party which, to the best of the receiving Party’s knowledge, is not required to maintain the information as proprietary or confidential; (v) to be
independently developed by the receiving Party without reference to Confidential Information of the other Party; or (vi) to be the subject of a written agreement whereby the other Party consents to the disclosure of such Confidential
Information on a non-confidential basis. Notwithstanding anything to the contrary in this Agreement, UST shall have the right to disclose any documents and information provided to it hereunder to its Representatives and nothing herein shall prevent
UST from disclosing any such documents or information to the extent required by any legal requirements or by any subpoena or similar legal process. UST understands that the documents and information may contain commercially sensitive confidential
information entitled to an exception from a Freedom of Information Act request. 
 (b)    Notwithstanding
the foregoing, any Party may disclose Confidential Information obtained from any other Party to any authority of competent jurisdiction if disclosure is required pursuant to a court order or instruction of

 
any regulatory or supervisory authority having jurisdiction over it, provided that the disclosing Party shall have given such other Party prompt notice thereof (unless it has a legal obligation
to the contrary) so that such other Party may seek a protective order or other appropriate remedy to prevent disclosure. 

(c)    At all times during the term of this Agreement, the Supplier shall permit (i) the Lender and its agents,
consultants, contractors and advisors, (ii) the Special Inspector General of the Troubled Asset Relief Program, and (iii) the Comptroller General of the United States access to personnel and any books, papers, records or other data
delivered to it hereunder or otherwise in its possession, custody or control, in each case to the extent relevant to ascertaining compliance with the terms and conditions set forth herein and the Program Terms, during normal business hours and upon
reasonable notice to the Supplier, as the case may be; provided that prior to disclosing any information pursuant to clause (i), (ii) or (iii), the Lender, the Special Inspector General of the Troubled Asset Relief Program and the Comptroller
General of the United States shall have agreed, with respect to documents obtained under this Agreement in furtherance of their respective functions, to follow applicable law and regulation (and the applicable customary policies and procedures,
including those for inspectors general) regarding the dissemination of confidential materials, including redacting confidential information from the public version of its reports, as appropriate, and soliciting input from the Supplier as to
information that should be afforded confidentiality. 

6.5    
Indemnity.    (a) Supplier shall defend, indemnify and hold harmless Citibank and Purchaser and each of their respective affiliates, employees, directors,
officers, and agents (each, an “indemnified party”), from and against all Losses, including Losses relating to the enforcement of this indemnity, arising out of or in any way relating to (i) any breach of Supplier’s
representations, warranties or obligations under this Agreement, (ii) Citibank’s or Purchaser’s reliance on any Message sent by Supplier using the System, (iii) any dispute with respect to the commercial transaction giving rise
to any Receivable, or (iv) any claim that any Message or other material transmitted or uploaded onto the System by Supplier infringes or misappropriates any third party intellectual property rights, except to the extent that such Losses are caused
by the gross negligence or willful misconduct of such indemnified party. 

6.6    Assignment; Termination of Citibank as Servicer.
     (a) This Agreement shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties; provided, however, that Supplier may
not assign any of its rights or obligations hereunder without each Party’s prior written consent, given in its sole discretion. Purchaser shall have the right without the consent of or notice to Supplier to sell, transfer, assign (including by
way of security), or grant participations in all or any part 

  

 8 

 of, or any interest in, Purchaser’s obligations, rights and benefits hereunder
(provided that, without the consent of Supplier given in its sole discretion, no such assignment shall relieve Purchaser of its obligations hereunder). Purchaser and Supplier agree that Citibank may perform any and all of its duties and exercise its
rights and powers hereunder by or through any one or more sub-agents appointed by Citibank and each such sub-agent shall be entitled to the benefits of all provisions of this Section 6 as if set forth in full herein with respect thereto;
provided that Citibank agrees that such sub-agents will be selected by it with reasonable care and no such appointment will relieve Citibank of its obligations hereunder. 

(b)    Upon the effectiveness of any resignation or other termination of Citibank, as servicer, in accordance with
the terms of the Servicing Agreement, Citibank shall have the right, at its election, to terminate its obligations under this Agreement and to terminate Supplier’s access to the Licensed Resources, with immediate effect upon notice to Purchaser
and Supplier and the effectiveness of Citibank’s resignation or termination under the Servicing Agreement; provided that upon any such termination of Citibank’s obligations hereunder, the successor servicer under the Servicing Agreement
shall be the successor in all respects to Citibank hereunder and shall be subject to all the responsibilities, duties and liabilities arising thereafter relating thereto. 

6.7    
Termination.    This agreement shall automatically terminate on the Maturity Date (as such date may be extended in accordance with the Program Terms). Following
the Payment Notification Cut-Off Date, Supplier shall no longer issue Purchase Offers hereunder and Purchaser will no longer process Purchase Offers from Supplier. 

6.8    
Survival.    All covenants made herein shall continue in full force and effect so long as any Purchased Receivable remains outstanding. All confidentiality,
security and indemnity obligations and all limitation of liability provisions contained in this Agreement shall survive and remain in full force and effect notwithstanding termination of this Agreement. 

6.9    
Notices.    Except as otherwise expressly contemplated herein, all notices pursuant to this Agreement shall be in writing, duly signed by the Party giving such
notice, and shall be delivered, emailed, faxed or mailed, as follows: 
 If notice is given to Purchaser: 

Chrysler Receivables SPV LLC 

1000 Chrysler Drive 

Auburn Hills, MI 48326 

Attn.: General Counsel 

CIMS 485-14-78 

Phone: (248) 512-3984 

Facsimile: (248) 512-1772 

 

 If notice is given to Supplier: 

 

			
	    Supplier Name:  
	 	 Shiloh Industries
Inc.

	 	 
	 	 	 
	Attention:  	 	 Tom Dugan

	Address:  	 	 880 Steel Drive

	 	 	 Valley City, OH 44280

	Email:  	 	 +mdugan@shiloh.com

	Phone:  	 	 330-558-2693

	Fax:  	 	 330-558-2670

If notice is given to Citibank: 

Citibank, N.A. 

388 Greenwich Street,
25th Floor 

New York, NY 10013 

Attn: Deborah Bennett 

Phone: 212-816-7019 

Fax: 212-816-2265 

6.10    Entire Agreement; No Third Party Beneficiaries;
Amendments.    This Agreement embodies the entire agreement between the Parties relating to the subject matter hereof, and supersedes all prior agreements relating
to this subject matter. This Agreement shall not be construed to confer any right, benefit, remedy or claim upon any person or entity other than each Party and their respective successors and permitted assigns; provided, however, that each of the
Parties acknowledges and agrees that the Lender shall be an express third party beneficiary of all of Supplier’s representations, covenants and obligations under this Agreement, and may enforce each directly against Supplier as if the Lender
were an original party hereto. All amendments and waivers to this Agreement must be in writing and signed by or on behalf of each of the Parties. The Parties have the right to waive any provision hereof in writing. 

6.11    
Counterparts.    This Agreement may be executed in any number of counterparts (which may be delivered by facsimile or optically-scanned electronic mail
attachment), which taken together shall constitute a single copy of this Agreement. Any signature delivered by facsimile or by email in “pdf” format shall be deemed an original signature hereto. 

6.12    Governing Law;
Jurisdiction.    This Agreement is governed by the laws of the State of New York. The Parties agree that any New York State court or Federal court sitting in New
York City or an appellate court having appellate jurisdiction over such courts has non-exclusive jurisdiction to settle any disputes in connection with this Agreement, and submit to the jurisdiction of those courts. Each Party waives: (i) any
right to immunity from jurisdiction to which it may be entitled (including, to the extent applicable, immunity from pre-judgment 

  

 9 

 attachment and post-judgment attachment and execution) and (ii) any objection to venue
or any claim of inconvenience in connection with a proceeding brought in such a court. Each Party agrees that any service of process or other notice of legal process may be served upon it by mail or hand delivery if sent to its address given for
notices in Section 6.9. Each Party agrees that nothing in this Agreement shall affect any other Party’s right to serve process in any other manner permitted by law or to commence legal proceedings or otherwise proceed against such Party in
any other jurisdiction. Supplier agrees that final judgment against it in any action or proceeding shall be enforceable in any other jurisdiction by suit on the judgment, a certified copy of which shall be conclusive evidence of the judgment, and
any recovery by Purchaser or Citibank pursuant to any judgment that is expressed in or converted into any currency other than U.S. Dollars, shall not discharge the obligation except to the extent that such recovery results in the actual receipt by
Purchaser or Citibank, as applicable, in New York of the full amount of U.S. Dollars owed. 

6.13 WAIVER OF JURY
TRIAL.    THE PARTIES WAIVE ANY RIGHTS THEY MAY HAVE TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED ON OR ARISING FROM THIS AGREEMENT. 

6.14    Citibank Authorized to Act for
Purchaser.    In accordance with the terms of that certain Servicing Agreement dated April 7, 2009 between Purchaser and Servicer (as may be amended, restated
and modified from time to time, the “Servicing
Agreement”
), Purchaser has appointed Citibank as servicer of the Receivables purchased hereunder. In furtherance of the foregoing, Purchaser hereby confirms, and Supplier hereby agrees, that until and unless instructed in writing to the contrary

 
by Purchaser, Citibank may give or receive any notice or take any action, including exercising any right provided to the Purchaser, hereunder on behalf of Purchaser; provided, however, that
Citibank shall not be liable to Supplier for any Losses arising out of or relating to any of its actions or omissions to act hereunder on behalf of Purchaser, except to the extent that any such Losses are caused by Citibank’s gross negligence
or willful misconduct. 
 6.15  Non-Petition.  Each of Citibank and Supplier covenants and agrees
that it will not at any time prior to a year and a day after the Maturity Date, (a) commence or institute against the Purchaser or join with or facilitate any other Person in commencing or instituting against the Purchaser, any bankruptcy,
reorganization, arrangement, readjustment of debt, dissolution, receivership, insolvency or liquidation proceedings, or other similar proceedings under any United States Federal or state, or other jurisdiction, bankruptcy or similar law or statute
now or hereafter in effect or (b) participate in any assignment for benefit of creditors, compositions, or arrangements with respect to the Purchaser’s debts. 

6.16  Limited Recourse.  Notwithstanding anything to the contrary contained in this Agreement, the obligations
of the Purchaser under this Agreement are solely the obligations of the Purchaser and shall be payable solely to the extent of funds received by and available to the Purchaser in accordance with the Security Agreement. No recourse shall be had for
the payment of any amount owing in respect of any obligation of, or claim against, the Purchaser arising out of or based upon this Agreement against any holder of a membership interest, employee, officer or affiliate thereof. The provisions of this
Section 6.16 shall survive the termination or expiration of this Agreement. 

  

 10 

 IN WITNESS WHEREOF, each of the Parties hereto has executed this Agreement as of the date
and year written. 
  

			
	 Shiloh Industries, Inc.

	(Supplier Legal Company Name)
		
	 By:
	 	 /s/ Thomas M Dugan

		 	(Signature)

			
		
	 Name (printed):
	 	 Thomas M Dugan

			
		
	 Title:
	 	 Treasurer

		
	 Date:
	 	 4-27-09

	
	CITIBANK, N.A.

			
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
		
	 Title:
	 	  

		
	 Date:
	 	  

	
	 CHRYSLER RECEIVABLES SPV LLC

			
		
	 By:
	 	  

		 	(Signature)

			
		
	 Name (printed):
	 	  

			
		
	 Title:
	 	  

		
	 Date:
	 	  

 

 11 

 Schedule I 

Supplier Information 
  

	 A.
	 Supplier’s Legal Name. 

  

			
	 Shiloh Industries Inc.
	  	

  

	 B.
	 Supplier’s Jurisdiction of Organization. 

  

			
	 Delaware
	  	

  

	 C.
	 New Debtor
Events1.

 Did you merge with, or acquire all or substantially all of the assets of, another company or person within
the preceding 6 months? 
 Yes  ̈
 

No  
x 

If the answer to the preceding question is Yes: 
  

	 	 A.
	 What is the legal name of the other company or person with which you merged, or from which you acquired such assets? 

 
  

 

	 	 B.
	 At the time of such merger or acquisition, was the other company or person subject to any effective security agreement, mortgage, receivables financing or
other similar transaction with any other purchaser or creditor? 

 Yes
 ̈ 

No  
 ̈ 

 

1
 “New debtor” means a person that becomes bound as debtor by a security agreement previously entered into by another person. A person may become a “new debtor”, if,
by operation of law such person acquires or succeeds to all or substantially all of the assets of the other person in connection with a merger or acquisition of assets or similar transaction. 

 

 12 

 Schedule II 

Approved Affiliates 

None. 
  

 13 

 Annex A 

Auto Supplier Program Terms 

PROGRAM TERMS 
  

	 1.
	 THE PROGRAM. 

These Program Terms apply to the Auto Supplier Support Program (the “Program”) established by the United
States Department of the Treasury (the “Lender” or “UST”) pursuant to the authority granted to it by and under the Emergency Economic Stabilization Act of 2008 (Pub. L. 110-343, enacted October 1, 2008), as
amended (“EESA”), in which Chrysler Receivables SPV LLC, a Delaware limited liability company (the “Borrower”), a wholly-owned subsidiary of Chrysler LLC, a Delaware limited liability company (the
“OEM”), is a participant. 
  

	 2.
	 CERTAIN AGREEMENTS RELATED TO THE
PROGRAM. 

 In connection
with the Program, the Lender, the Borrower, the OEM, Citibank, N.A., a national banking association (“Citi”), and Eligible Suppliers (defined below) are entering into certain agreements, including, among others: 

(a)    that certain Credit Agreement dated as of April 7, 2009 between the Borrower and the
Lender (the “Credit Agreement”); 
 (b)    that certain Security Agreement,
of even date with the Credit Agreement, among the Borrower, the Lender, Citi as servicer for the Borrower pursuant to the Servicing Agreement defined below (in such capacity, the “Servicer”) and Citi as Collateral Agent (in such
capacity, the “Collateral Agent”) (the “Security Agreement”); 

(c)    that certain Pledge Agreement, of even date with the Credit Agreement, among the OEM, the
Lender, the Servicer and the Collateral Agent (the “Pledge Agreement”); 

(d)    that certain Servicing Agreement, of even date with the Credit Agreement, between the Servicer
and the Borrower (the “Servicing Agreement”); 
 (e)    from time to time,
Supplier Purchase Agreements each among the Borrower, Citi and an Eligible Supplier, in substantially the form attached as Exhibit F of the Credit Agreement (each, a “Supplier Agreement”); and 

(f)    that certain Paying Services and Supplier Designation Agreement, of even date with the Credit
Agreement, between the OEM and Citi as Paying Agent for the OEM (in such capacity, the “Paying Agent”) (the “Paying Services Agreement”). 

All references to the agreements identified above in this Section 2 shall, unless otherwise specified, be deemed to
refer to such agreements as amended, supplemented, restated or otherwise modified from time to time, or any successor or replacement agreement which may be entered into from time to time, subject in each case to any applicable limitations specified
herein or therein. 
  

 14 

	 3.
	 DEFINED TERMS. 

In addition to the terms previously defined above, the following terms have the following respective meanings: 

(a)    “Adverse Claim”: any mortgage, pledge, security interest, hypothecation,
assignment, encumbrance or lien of or on any Person’s assets or properties in favor of any other Person, other than a tax, mechanics’ or other lien or encumbrance that attaches by operation of law or any subordinated lien permitted under a
Lien Priority Agreement. 
 (b)    “Affiliate”: as to any Person, any other
Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the
direction of the management and policies of such Person, whether by contract or otherwise. 

(c)    “Business Day” means a day other than a Saturday, Sunday, a Federal holiday
or other day on which commercial banks in New York City are authorized or required by law to close. 

(d)    “Credit Memo Receivable”: means a payment from the OEM to a Supplier
representing an adjustment to an existing or past Receivable as a result of missing invoices, incorrect receipt of goods, vendor scrap or other adjustments resulting from price changes, quantity discrepancies or vendor returns. 

(e)    “Due Date”: with respect a Payment Instruction or a Payment Notification, the
Business Day on which the payment obligation of the OEM in respect of that Payment Instruction or Payment Notification, as the case may be, will be due and payable, that date being the earlier of: 

 

	 	 (i)
	 the date specified in the Payment Instruction or Payment Notification, as the case may be, for payment or if such date is not a Business Day, the
first Business Day following that date and 

  

	 	 (ii)
	 the date that is two (2) Business Days before the Maturity Date. 

(f)    “Eligible Receivable”: shall mean a Receivable which satisfies the following
criteria: 
  

	 	 (i)
	 it constitutes a trade account receivable representing a valid obligation of OEM to make payment in United States Dollars to the Eligible Supplier
for goods shipped or delivered or services rendered to the OEM; 

  

	 	 (ii)
	 unless such Receivable is a Credit Memo Receivable, it was originated (A) not before March 19, 2009 and (B) not more than 20 Business
Days prior to the Purchase Date thereof in the ordinary course of the Eligible Supplier’s business; provided, however, that the foregoing clause (B) shall not apply to Receivables the Purchase Date of which occurs on or before
April 20, 2009; 

  

	 	 (iii)
	 unless such Receivable is a Credit Memo Receivable, it has a Due Date at least 30 days after the date of its origination and not later than the
earlier of (A) the date occurring 90 days after the date of its origination and (B) the date 2 Business Days prior to the Maturity Date; 

  

	 	 (iv)
	 it arises under an Underlying Contract (A) which, together with such Receivable, is in full force and effect and constitutes the genuine,
legal, valid and binding payment obligation in writing of the OEM, enforceable against the OEM in 

 

 15 

	 	
accordance with its terms and (B) with respect to which, no material default or breach by the OEM under the terms thereof has occurred; 

 

	 	 (v)
	 such Receivable, together with the Underlying Contract related thereto, complied at the time it was originated or made and, as of such Purchase
Date, complies in all material respects with all requirements of, and docs not contravene in any material respect any, applicable federal, state or local laws and regulations; 

 

	 	 (vi)
	 it has not been satisfied, subordinated, rescinded, or otherwise compromised; 

 

	 	 (vii)
	 it is not subject to any counterclaim, contra-account, volume rebate, cooperative advertising accrual, deposit or offset;

  

	 	 (viii)
	 it does not arise from a bill-and-hold, guaranteed sale, sale-or-return, sale-on-approval, consignment or similar transaction and is not subject to
repurchase, return, rejection, repossession, loss or damage; 

  

	 	 (ix)
	 it represents a final sale with respect to which the goods giving rise to the Receivable have been delivered to and accepted by the OEM or the
service giving rise to the Receivable has been completely performed to the satisfaction of the OEM; 

  

	 	 (x)
	 it is not evidenced by a note or other instrument or chattel paper or reduced to judgment; 

 

	 	 (xi)
	 it is not by contract, subrogation, mechanics’ lien laws or otherwise, subject to claims by the Eligible Supplier’s creditors or other
third parties, except for any subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xii)
	 it does not constitute a service charge, warranty charge or similar charge; 

 

	 	 (xiii)
	 it does not represent an accord and satisfaction in respect of any prior Receivable; 

 

	 	 (xiv)
	 it has not been amended in any respect such that the Principal Balance thereof has been modified; 

 

	 	 (xv)
	 it is not subject to any right of rescission, setoff, counterclaim or defense and no such right has been asserted or threatened with respect to it;

  

	 	 (xvi)
	 it is not the subject of any pending or threatened litigation; 

 

	 	 (xvii)
	 it is free and clear of any Adverse Claim other than (x) the security interest therein then being granted to Purchaser or (y) any
subordinated liens permitted under a Lien Priority Agreement; 

  

	 	 (xviii)
	 as to which Receivable, all filings (including UCC filings) necessary in any jurisdiction to give the Purchaser a first perfected ownership interest
in such Receivable shall have been made; 

  

	 	 (xix)
	 as of the Purchase Date thereof, the Credit Agreement has not terminated and no notice of termination of the Commitment (as defined in the Credit
Agreement) has been given by the Lender thereunder; and 

  

 16 

	 	 (xx)
	 as of the Purchase Date thereof, the OEM was not the subject of any bankruptcy, insolvency or reorganization proceeding or any other proceeding
seeking the entry of an order for relief or the appointment of a receiver, trustee or other similar official for it or any substantial part of its property; 

provided, that, in the context of any representation or warranty made by the OEM or the Borrower in, or pursuant
to, any Transaction Document that any Receivable is an Eligible Receivable, the OEM or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in clause (xi) of the definition of
“Eligible Receivable” to the knowledge of the OEM and the Borrower; and 
 provided, further,
in the context of any representation or warranty made by any Person in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented and warranted as to
the matters set forth in clause (xvi) (solely with respect to threatened litigation) to the knowledge of such Person; and 

provided further, that, in the context of any representation or warranty made by the Eligible Supplier in, or
pursuant to, any Supplier Agreement that any Receivable is an Eligible Receivable, the Eligible Supplier shall be deemed to have represented and warranted as to the matters set forth in clauses (xix) and (xx) of the definition of
“Eligible Receivable” to the knowledge of the Eligible Supplier; and 
 provided further, that,
in the context of any representation or warranty made by any Person (other than Citi) in, or pursuant to, any Transaction Document or Supplier Agreement that any Receivable is an Eligible Receivable, such Person shall be deemed to have represented
and warranted as to the matters set forth in clause (xviii) of the definition of “Eligible Receivable” to the knowledge of such Person. 

(g)    “Eligible Supplier”: a Person that: 

 

	 	 (i)
	 is not an Affiliate of the Borrower or the OEM; 

  

	 	 (ii)
	 is a party to an Underlying Contract; 

  

	 	 (iii)
	 has been designated by the OEM as an “Eligible Supplier” in a written notice to the Servicer for participation in the Program;

  

	 	 (iv)
	 is not an Ineligible Supplier; and 

  

	 	 (v)
	 is (A) a party to a Supplier Agreement, and (B) not in breach of default of any of the representations, warranties or covenants of such
Supplier Agreement; 

 provided that, in the context of any representation or warranty
made by the a Person in, or pursuant to, any Supplier Agreement that such Person is an Eligible Supplier, such Person shall be deemed to have represented and warranted as to the matters set forth in clause (iii) of the definition of
“Eligible Supplier” to the knowledge of such Person. 
 (h)    “Executive
Order 13324” means Executive Order No. 13224, effective as of September 24, 2001 and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism, 66 Fed. Reg. 49079
(2001). 
  

 17 

 (i)    “Governmental Authority”: any
nation or government, any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative
functions of or pertaining to government, any securities exchange and any self-regulatory organization. 

(j)    “Immediate Pay Receivable”: any Purchased Receivable with respect to which
the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at or immediately following the sale of such Purchased Receivable to the Borrower (i.e., Payment Option 1 under the Supplier
Agreement). 
 (k)    “Ineligible Person”: any Person that: 

 

	 	 (i)
	 is named, identified, described on or included on (A) the list of Specially Designated Nationals promulgated by OFAC from time to time or
(B) any blocked persons list, designated nationals lists, denied persons list entity list debarred party list, unverified list, sanctions list or other list of Persons with whom United States Persons may not conduct business, including lists
published or maintained by the United States Department of Commerce and lists published or maintained by the United States Department of State; 

  

	 	 (ii)
	 is subject to the provisions of, or owned or controlled by or acting for or on behalf of any Person that is subject to the provisions of, Executive
Order 13324; 

  

	 	 (iii)
	 commits, threatens or conspires to commit or threaten “terrorism” (as defined in Executive Order 13324); 

 

	 	 (iv)
	 is subject to trade restrictions under United States law, including, but not limited to, the International Emergency Economic Powers Act, 50 U.S.C.
§§ 1701 et seq., the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., the foreign assets control regulations of UST (31 C.F.R. Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto, or
regulations promulgated thereunder (including Executive Order 13224 and the USA PATRIOT Act); or 

  

	 	 (v)
	 is an Affiliate of or affiliated with any Person listed above; 

provided, that, in the context of any representation or warranty made by the OEM or the Borrower in, or pursuant
to, any Transaction Document that any Person is an Eligible Supplier or is not an Ineligible Supplier, the OEM or the Borrower (as the case may be) shall be deemed to have represented and warranted as to the matters set forth in the definition of
“Ineligible Person” to the knowledge of the OEM and the Borrower. 

(1)    “Ineligible Supplier”: any Person: 

 

	 	 (i)
	 that is an Ineligible Person; or 

  

	 	 (ii)
	 as to which UST has notified the OEM, the Borrower and the Servicer, in its capacity as servicer for the Borrower, in writing that UST has
determined, after reasonable consultation with the Borrower and the OEM, that such Person is not eligible for participation in the Program; provided, that such determination shall ultimately rest with UST in its sole discretion,
notwithstanding any consultation with the Borrower or OEM. 

  

 18 

 (m)    “Insolvency Event” means, with
respect to a specified Person: 
  

	 	 (i)
	 the commencement of any case, proceeding or other action by such Person (A) under any existing or future law of any jurisdiction, domestic or
foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it bankrupt or insolvent, or seeking reorganization, arrangement, adjustment,
winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of
its assets; or 

  

	 	 (ii)
	 the commencement against such Person of any case, proceeding or other action of a nature referred to in clause (i) above that (A) results
in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 90 days; or 

 

	 	 (iii)
	 the commencement against such Person of any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or
similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within 90 days from the entry thereof; or

  

	 	 (iv)
	 such Person (excluding the OEM) taking any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts
set forth in clause (i), (ii), or (iii) above; or 

  

	 	 (v)
	 such Person (excluding the OEM) generally not, or being unable to, or admitting in writing its inability to, pay its debts as they become due; or

  

	 	 (vi)
	 such Person making a general assignment for the benefit of its creditors. 

(n)    “Lien Priority Agreement” means a Lien Priority Agreement between any
Supplier and a creditor of such Supplier in the form attached as Exhibit C to the Servicing Agreement. 

(o)    “Maturity Date”: April 7, 2010, and any extensions of such date pursuant
to the Credit Agreement. 
 (p)    “OFAC” means the Office of Foreign
Assets Control of UST. 
 (q)    “Pay at Maturity Receivable”: any
Purchased Receivable with respect to which the selling Eligible Supplier has elected under the corresponding Supplier Agreement to be paid the Purchase Price at the Due Date thereof (i.e., Payment Option 2 under the Supplier Agreement). 

(r)    “Payment Instruction”: as defined in the Paying Services Agreement.

 (s)    “Person”: an individual, partnership, corporation, limited
liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 

(t)    “Principal Balance” of a Receivable means the face amount of such Receivable
specified in the associated Payment Instructions. 
  

 19 

 (u)    “Purchase Date” means, with
respect to any Eligible Receivable, the date such Eligible Receivable becomes a Purchased Receivable. 

(v)    “Purchase Price”: as defined in the Supplier Agreements. 

(w)    “Purchased Receivables”: Eligible Receivables purchased by Borrower from time
to time pursuant to any Supplier Agreement. 
 (x)    “Purchaser”:
Borrower, in its capacity as the “Purchaser” under any Supplier Agreement. 

(y)    “Receivables” means accounts, instruments, documents, contract rights,
general intangibles and chattel paper (as such terms are defined in the Uniform Commercial Code in effect in the State of New York), and all other forms of obligation owing to a Supplier by OEM, whether now existing or hereafter created, that
represent bona fide obligations of OEM arising out of the Supplier’s sale and delivery of goods or services, together with the Related Security, and with respect to each of the foregoing, all proceeds thereof. 

(z)    “Related Security” means, with respect to any Receivable (i) all of the
related Supplier’s interest in any merchandise (including returned merchandise) relating to any sale giving rise to such Receivable and all of the related Supplier’s rights of reclamation or rights to any administrative expense or priority
claim under section 503(b)(9) of Title 11 of the United States Code or otherwise with respect to any merchandise relating to any sale giving rise to such Receivable and all administrative claims related thereto arising as a result of any Insolvency
Event with respect to the account debtor of any such Receivable; (ii) all security interests or liens and property subject thereto purporting to secure payment of such Receivable; (iii) all tax refunds and proceeds of insurance with
respect thereto; (iv) all guaranties, insurance, other agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable; and (iv) all books, records and other information relating to such
Receivable. 
 (aa)    “Transaction Documents” has the meaning assigned in
the Credit Agreement. 
 (bb)    “Underlying Contract”: a contract
(including a purchase order or invoice) entered into in the ordinary course of business between an Eligible Supplier and the OEM pursuant to which the Eligible Supplier is entitled to receive payments from the OEM for goods and services provided to
the OEM. 
 (cc)    “USA PATRIOT Act”: the Uniting and Strengthening
America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56. 
  

 20 

 

 

 Auto Supplier Support Program 

Setup Form – New Supplier Account Setup 

All fields are to be completed in English. Those marked with * are mandatory. Please type or print clearly in black or dark blue ink.

							
	  
  

1. Payment Option (as designated in the Supplier Purchase Agreement)

 
  

	  

    * Immediate Payment:

 
	 	  

x
	 	  
 * Payment
at Maturity:
	 	  

 ̈

 

					
	  
  

2. Company Details
  

 

	
* Company Name (Full, legal registered name, including any suffix, such as “Inc.” Include any DBA in parentheses):

 
 Shiloh Industries, Inc.

 

	
* Taxpayer ID: 51-0347683
  

	
* State Company Is Incorporated, Registered or Licensed In: Delaware

 

	
* Address of Company Headquarters: 880 Steel Drive

 

	
* City: Valley City
  
	 	 * State: OH
	 	 * Zip Code: 44280

	
  Main Phone Number: 330-558-2600

 

	
* Chrysler 5-digit Supplier Code for company listed above: 12479

 

	
  Chrysler 5-digit Supplier Code(s) for any companies subordinate to above: 
124798 85643 63769D 63769P 12479D 63769Q
  

  

					
	  
  

3. Company Bank Account Details (for directing proceeds)

 
  

	  

Attach original voided check or copy of bank statement or bank letter. See page 22 for details.

 

	
* Bank Name: The PrivateBank & Trust Company

 

	
* Bank Account Name: Shiloh Industries Inc.

 

	
* Account Number: 2161933
  

	
* Bank Routing Number (ABA): 071 006 486

 

	
* Bank Account
Type:        x Checking         ̈ Savings

 

	
* Address: 70 W. Madison
  

	
* City: Chicago
  
	 	 * State/Province: ILL
	 	 * Zip Code: 60602

 

							
	  
  

4. Company Primary Contact Details (for service-related matters)

 
  

	  

    Title (Mr., Ms., etc.): Mr.

 
	 	 * Job Title: Treasurer

	  

* First Name: Thomas
  
	 	 
	  

* Last Name: Dugan
  
	 	 
	  

* Telephone No. & Ext.: 330-558-2693

 
	 	 * Fax Number: 330-558-2670

	  

* Email Address: TMDUGAN@SHILOH.COM
  
	 	 
	  

* Address (street, city and state): 880 Steel Dr. Valley City, OH 44280

 

	  

* Zip Code: 44280
  
	 	  

* Is Primary Contact also to be a User of the
system?  x  Yes   ̈  No

 

  

									
			
	 Supplier’s Authorized Signatory
	 		 	 Citibank Use Only

					
	 * Signature:
	 	 /s/ Thomas M Dugan
	 		 	 Signature:
	 	  

									
					
	 * Name (printed):
	 	 Thomas Dugan
	 		 	 Name (printed):
	 	  

									
					
	 * Date:
	 		 		 	 Date:
	 	  

									
	 ©2008 Citibank, N.A. All rights reserved. Citi and Arc Design and Citibank are trademarks and service marks of Citigroup Inc. or its affiliates,
used and registered throughout the world.
	 		 	  
 Citibank Use
Only
  
 Referring
Buyer Co.: Chrysler
 Supplier Control No.:
CHR                                

US 3.0 Auto 
  

 21

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