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EXHIBIT 4.1
DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED
PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

As of February 19, 2021, Genuine Parts Company (the “Company”) has one class of securities, our common stock, registered under Section 12 of the Securities Exchange Act of 1934, as amended. 
DESCRIPTION OF COMMON STOCK
The following description of our common stock is a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to our Amended and Restated Articles of Incorporation (the “Articles of Incorporation”) and our Amended and Restated Bylaws (the “Bylaws”), each of which are incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit 4.1 is a part. We encourage you to read our Articles of Incorporation, our Bylaws and the applicable provisions of the General Corporation Law of the Georgia Business Corporation Code (“GBCC”) for additional information.
Authorized Shares of Capital Stock
Our authorized capital stock consists of 450,000,000 shares of common stock, par value $1.00 per share, and 10,000,000 shares of preferred stock, par value of $1.00 per share. 
Voting Rights; Preemptive Rights 
Each shareholder shall have one vote for each share having voting power registered in his name on the books of the Company on the record date for determination of its shareholders entitled to vote if such a record date has been fixed, or on the date the transfer books were closed if they have been closed.  None of the holders of shares of any class of stock of the Company shall be entitled as a matter of right to purchase, subscribe for or otherwise acquire any new or additional shares of stock of the Company of any class now or hereafter authorized, or any options or warrants to purchase, subscribe for or otherwise acquire any new or additional shares of stock of the Company of any class now or hereafter authorized, or any shares, evidences of indebtedness, or any other securities convertible into or carrying options or warrants to purchase, subscribe for or otherwise acquire any new or additional shares.  
Dividends 
The Company’s Board of Directors may, from time to time in its discretion, authorize or declare distributions or share dividends on shares of the Company’s common stock out of funds legally available for payment of dividends and in accordance with the GBCC.
Liquidation Rights
If the Company is liquidated, the holders of shares of common stock are entitled to share ratably in the distribution remaining after payment of debts and expenses and of the amounts to be paid on liquidation to the holders of shares of preferred stock, if any.
Listing
Our common stock is listed on the New York Stock Exchange ("NYSE") under the trading symbol GPC.
Transfer Agent and Registrar
The transfer agent and registrar for our common stock is Computershare, P.O. Box 30170, College Station, TX 77842-3170.Document

EXHIBIT 10.27

EXECUTION VERSION
			
	

GENUINE PARTS COMPANY

									
			

FIRST AMENDMENT
Dated as of May 28, 2019

to

NOTE PURCHASE AGREEMENT
Dated as of October 30, 2017

									
			

U.S.$120,000,000 Series I Senior Notes due October 30, 2027
€225,000,000 Series J Senior Notes due October 30, 2024
€250,000,000 Series K Senior Notes due October 30, 2027
€125,000,000 Series L Senior Notes due October 30, 2029
€100,000,000 Series M Senior Notes due October 30, 2032

			
	

EXHIBIT 10.27

FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT

THIS FIRST AMENDMENT dated as of May 28, 2019 (this “First Amendment”) to that certain Note Purchase Agreement dated as of October 30, 2017 is between GENUINE PARTS COMPANY, a Georgia corporation (the “Company”), and each holder of Original Notes (as hereinafter defined) (collectively, the “Noteholders”).

RECITALS:

A.WHEREAS, the Company has heretofore entered into that certain Note Purchase Agreement dated as of October 30, 2017 (the “Original Note Purchase Agreement”) with each of the Purchasers listed in Schedule A thereto pursuant to which the Company issued and has outstanding (i) U.S.$120,000,000 aggregate principal amount of its 3.70% Series I Senior Notes due October 30, 2027 (the “Series I Notes”), (ii) €225,000,000 aggregate principal amount of its 1.40% Series J Senior Notes due October 30, 2024 (the “Series J Notes”), (iii) €250,000,000 aggregate principal amount of its 1.81% Series K Senior Notes due October 30, 2027 (the “Series K Notes”), (iv) €125,000,000 aggregate principal amount of its 2.02% Series L Senior Notes due October 30, 2029 (the “Series L Notes”) and (v) €100,000,000 aggregate principal amount of its 2.32% Series M Senior Notes due October 30, 2032 (the “Series M Notes”, and together with the Series I Notes, the Series J Notes, the Series K Notes and the Series L Notes, the “Original Notes”);

B.WHEREAS, capitalized terms used herein shall have the respective meanings ascribed thereto in the Original Note Purchase Agreement unless herein defined or the context shall otherwise require;

C.WHEREAS, on the date hereof, the Company is entering into two Additional Note Purchase Agreements containing a different Priority Debt limitation than that set forth in the Original Note Purchase Agreement;

D.WHEREAS, the Company desires that the Priority Debt limitation in each of its outstanding note purchase agreements be consistent and therefore has requested that the Noteholders amend the Original Note Purchase Agreement to achieve such consistency;

E.WHEREAS, the Required Holders have agreed to the Company’s amendment request and the Company and the Required Holders now desire to amend the Original Note Purchase Agreement in the respects, but only in the respects, hereinafter set forth; and

F.WHEREAS, all requirements of law have been fully complied with and all other acts and things necessary to make this First Amendment a valid, legal and binding instrument according to its terms for the purposes herein expressed have been done or performed.

NOW, THEREFORE, upon the full and complete satisfaction of the conditions precedent to the effectiveness of this First Amendment set forth in Section 3.1 hereof, and in consideration

EXHIBIT 10.27

of good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Company and the Noteholders do hereby agree as follows:

SECTION 1. AMENDMENTS.

1.1Section 10.2 of the Original Note Purchase Agreement shall be and is hereby amended by deleting the reference to “20%” contained therein and replacing it with “25%”.

1.2Schedule A of the Original Note Purchase Agreement shall be and is hereby amended by amending and restating the definition of Consolidated Net Worth in its entirety to read as follows:

“Consolidated Net Worth” means, at any time, the total amount of stockholders’ equity of the Company and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, as determined pursuant to the most recent financial statements delivered by the Company pursuant to Section 7.1.

SECTION 2. REPRESENTATIONS AND WARRANTIES OF THE COMPANY.

2.1.To induce the Required Holders to execute and deliver this First Amendment (which representations shall survive the execution and delivery of this First Amendment), the Company represents and warrants to the Noteholders that:

(a)this First Amendment has been duly authorized by all necessary corporate action on the part of the Company and has been duly executed and delivered by the Company, and this First Amendment and the Original Note Purchase Agreement, as amended by this First Amendment, constitute the legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally or general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law);

(b)the execution and delivery of this First Amendment by the Company and the performance by the Company hereof and of the Original Note Purchase Agreement, as amended by this First Amendment, will not (1) contravene, result in any breach of, or constitute a default under, or result in the creation of any Lien in respect of any property of the Company or any Subsidiary under, any indenture, mortgage, deed of trust, loan, purchase or credit agreement, lease, corporate charter, regulation or by-laws, shareholders agreement or any other Material agreement or instrument to which the Company or any Subsidiary is bound or by which the Company or any Subsidiary or any of their respective properties may be bound or affected, (2) conflict with or result in a breach of any of the terms, conditions or provisions of any order, judgment, decree or ruling of any court, arbitrator or Governmental Authority applicable to the Company or any Subsidiary or (3) violate any provision of any statute or other rule or regulation of any Governmental Authority applicable to the Company or any Subsidiary;

EXHIBIT 10.27

(c)no consent, approval or authorization of, or registration, filing or declaration with, any Governmental Authority is required in connection with the execution and delivery of this First Amendment by the Company or the performance hereof or of the Original Note Purchase Agreement, as amended by this First Amendment, by the Company;

(d)on the CP Satisfaction Date (as hereinafter defined), after giving effect to this First Amendment, all the representations and warranties contained in Section 5 of the Original Note Purchase Agreement (other than Sections 5.3 and 5.14) are true and correct in all material respects with the same force and effect as if made by the Company on and as of the date hereof (except to the extent such representations and warranties expressly refer to an earlier date, in which case they were true and correct in all material respects as of such earlier date);

(e)since December 31, 2018, there has been no change in the financial condition, operations, business or properties of the Company or any of its Subsidiaries except changes that individually or in the aggregate would not reasonably be expected to have a Material Adverse Effect; and

(f)as of the CP Satisfaction Date and after giving effect to this First Amendment, no Default or Event of Default has occurred which is continuing and no waiver of Default or Event of Default is in effect.

SECTION 3. CONDITIONS TO EFFECTIVENESS OF THIS FIRST AMENDMENT.

3.1.This First Amendment shall become effective as of May 28, 2019 upon satisfaction of each and every one of the following conditions (the date of such satisfaction, the “CP Satisfaction Date”):

(a)executed counterparts of this First Amendment, duly executed by the Company and the Required Holders, shall have been delivered to each Noteholder or its special counsel;

(b)the representations and warranties of the Company set forth in Section 2 hereof shall be true and correct on and with respect to the CP Satisfaction Date and each holder of Notes or its special counsel shall have received an Officer’s Certificate to such effect;

(c)the Series F Note Purchase Agreement, Series G Note Purchase Agreement and the Series H Note Purchase Agreement shall each have been amended to align the terms thereof with those in the Original Note Purchase Agreement, as amended by this First Amendment, and copies of such amendments shall have been delivered to each Noteholder or its special counsel;

(d)Alliance Automotive Netherlands Holdings B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid), the Company and the Purchasers named in Schedule B attached thereto shall have entered into the Note 

EXHIBIT 10.27

and Guaranty Agreement dated as of the date hereof and such Agreement shall contain the same Priority Debt limitation as that set forth in the Original Note Purchase Agreement, as amended by this First Amendment, and a copy of such Agreement shall have been delivered to each Noteholder or its special counsel;

(e)GPC Asia Pacific Holdings Pty Ltd ABN 80 162 550 978, a proprietary company incorporated under the laws of Australia, the Company and the Purchasers named in Schedule B attached thereto shall have entered into the Note and Guaranty Agreement dated as of the date hereof and such Agreement shall contain the same Priority Debt limitation as that set forth in the Original Note Purchase Agreement, as amended by this First Amendment, and a copy of such Agreement shall have been delivered to each Noteholder or its special counsel; and 

(f)the Company shall have paid the fees and expenses of Schiff Hardin LLP, special counsel to the Noteholders, in connection with the negotiation, preparation, approval, execution and delivery of this First Amendment.

SECTION 4. MISCELLANEOUS.

4.1This First Amendment shall be construed in connection with and as part of the Original Note Purchase Agreement, and except as modified and expressly amended by this First Amendment, all terms, conditions and covenants contained in the Original Note Purchase Agreement are hereby ratified and shall be and remain in full force and effect.

4.2Any and all notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this First Amendment may refer to the Original Note Purchase Agreement without making specific reference to this First Amendment but nevertheless all such references shall include this First Amendment unless the context otherwise requires.

4.3The descriptive headings of the various Sections or parts of this First Amendment are for convenience only and shall not affect the meaning or construction of any of the provisions hereof.

4.4This First Amendment shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the law of the State of New York excluding choice- of-law principles of the law of such State that would require the application of the laws of a jurisdiction other than such State.

4.5This First Amendment may be executed in any number of counterparts, each executed counterpart constituting an original, but all together only one agreement. Delivery of  an executed counterpart of this First Amendment by facsimile or electronic transmission shall be effective as delivery of a manually executed counterpart of this First Amendment.

[Remainder of page intentionally left blank.]

EXHIBIT 10.27

						
		GENUINE PARTS COMPANY,
		
		By: /s/ Charles A. Chesnutt
		Name: Charles A. Chesnutt
		Title: Senior Vice President & Treasurer
		
		Accepted and Agreed to: 
		
		THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
		By: Northwestern Mutual Investment Management Company, LLC, Its Investment Adviser 
		
		By: /s/ Dave Barras
		Name: Dave Barras
		Title: Managing Director
		
		Aggregate principal amount of Euro denominated Notes held: €151,000,000
		
		METROPOLITAN LIFE INSURANCE COMPANY
		By: MetLife Investment Advisors LLC, its Investment Manager
		
		By: /s/ John A. Wills
		Name: John A. Wills
		Title: Managing Director
		
		Aggregate principal amount of Euro denominated Notes held: €57,300,000
		
		METROPOLITAN LIFE INSURANCE K.K.
		By: MetLife Investment Advisors LLC, its Investment Manager
		
		By: /s/ John A. Wills
		Name: John A. Wills
		Title: Managing Director
		
		Aggregate principal amount of Euro denominated Notes held: €71,400,000
		
		BRIGHTHOUSE LIFE INSURANCE COMPANY.
		By: MetLife Investment Advisors LLC, its Investment Manager
		
		By: /s/ Judith A. Gulotta
		Name: Judith A. Gulotta
		Title: Managing Director

EXHIBIT 10.27

						
		
		Aggregate principal amount of Euro denominated Notes held: €18,100,000
		
		PENSIONSKASSE DES BUNDES PUBLICA
		By: MetLife Investment Management Limited, as Investment Manager
		
		By: /s/  Edward Palmer
		Name: Edward Palmer
		Title: Authorized Signatory 
		
		Aggregate principal amount of Euro denominated Notes held: €4,200,000
		
		MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
		By: Barings LLC, as Investment Advisor
		
		By: /s/ Steven J. Katz
		Name: Steven J. Katz
		Title: Managing Director & Senior Counsel
		
		Aggregate principal amount of Euro denominated Notes held: €100,000,000
		
		NATIONWIDE LIFE INSURANCE COMPANY
		
		By: /s/ Mary Beth Cadle
		Name: Mary Beth Cadle
		Title: Authorized Signatory
		
		Aggregate principal amount of Euro denominated Notes held: €55,000,000
		
		PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY
		By: PGIM, Inc., as investment manager
		
		By: /s/ Kyle Ulep
		Name: Kyle Ulep
		Title: Vice President
		
		Aggregate principal amount of Euro denominated Notes held: €50,000,000
		
		CONNECTICUT GENERAL LIFE INSURANCE COMPANY
		By: Cigna Investments, Inc. (authorized agent)
		

EXHIBIT 10.27

						
		By: /s/ Jason M. Smith
		Name: Jason M. Smith
		Title: Managing Director
		
		Connecticut General Life Insurance Company EUR 13,000,000
		
		CIGNA HEALTH AND LIFE INSURANCE COMPANY
		By: Cigna Investments, Inc. (authorized agent)
		
		By: /s/ Jason M. Smith
		Name: Jason M. Smith
		Title: Managing Director
		
		Cigna Health and Life Insurance Company EUR 35,000,000
		
		VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY 
		SECURITY LIFE OF DENVER INSURANCE COMPANY 
		RELIASTAR LIFE INSURANCE COMPANY
		RELIASTAR LIFE INSURANCE COMPANY OF NEW YORK
		
		By: Voya Investment Management LLC, as Agent
		
		By: /s/ Justin Stach
		Name: Justin Stach
		Title: Senior Vice President
		
		VOYA INSURANCE AND ANNUITY COMPANY
		
		By: Voya Investment Management LLC, as Agent
		
		By: /s/ Justin Stach
		Name: Justin Stach
		Title: Senior Vice President
		
		Aggregate principal amount of US dollar denominated Notes held: $14,100,000
		
		Aggregate principal amount of Euro denominated Notes held: €20,200,000
		
		PACIFIC LIFE INSURANCE COMPANY
		
		By: /s/ Cathy L. Schwartz

EXHIBIT 10.27

						
		Name: Cathy L. Schwartz
		Title: Assistant Vice President
		
		By: /s/ Matthew A. Levene
		Name: Matthew A. Levene 
		Title: Assistant Secretary
		
		Aggregate principal amount of US dollar denominated Notes held: $10,000,000
		
		Aggregate principal amount of Euro denominated Notes held: €30,200,000
		
		VOYA INSURANCE AND ANNUITY COMPANY
		By: Athene Asset Management LLC, its investment adviser
		
		By: /s/ Roger D. Fors 
		Name: Roger D. Fors
		Title: Senior Vice President, Fixed Income
		
		RELIASTAR LIFE INSURANCE COMPANY
		By: Voya Investment Management LLC, its investment adviser
		By: Athene Asset Management LLC, its sub-adviser
		
		By: /s/ Roger D. Fors
		Name: Roger D. Fors
		Title: Senior Vice President, Fixed Income
		
		ATHENE ANNUITY & LIFE ASSURANCE COMPANY
		By: Athene Asset Management LLC, its investment adviser
		
		By: /s/ Roger D. Fors
		Name: Roger D. Fors
		Title: Senior Vice President, Fixed Income
		
		ANTHENE ANNUITY AND LIFE COMPANY
		By: Athene Asset Management LLC, its investment adviser
		
		By: /s/ Roger D. Fors
		Name: Roger D. Fors
		Title: Senior Vice President, Fixed Income
		
		Aggregate principal amount of US dollar denominated Notes held: $5,900,000

EXHIBIT 10.27

						
		
		Aggregate principal amount of Euro denominated Notes held: €39,800,000
		
		THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
		By: Macquarie Investment Management Advisers, a series of Macquarie Investment Management Business Trust, Attorney in Fact
		
		By: /s/ Brendan Dillon
		Name: Brendan Dillon
		Title: Vice President
		
		Aggregate principal amount of Euro denominated Notes held: €25,000,000
		
		MUTUAL OF OMAHA INSURANCE COMPANY
		
		By: /s/ Justin P. Kavan
		Name: Justin P. Kavan
		Title: Senior Vice President
		
		UNITED OF OMAHA LIFE INSURANCE COMPANY
		
		By: /s/ Justin P. Kavan
		Name: Justin P. Kavan
		Title: Senior Vice President
		
		Aggregate principal amount of Euro denominated Notes held: €25,000,000
		
		LEGAL & GENERAL ASSURANCE SOCIETY LIMITED 
		By: Legal & General Investment Management America, Inc., its Investment Manager
		
		By: /s/ Edward Wood
		Name: Edward Wood
		Title: Head of US Private Placements
		
		Aggregate principal amount of US dollar denominated Notes held: $20,000,000
		
		USAA LIFE INSURANCE COMPANY
		
		By: /s/ James F. Jackson, Jr
		Name: James F. Jackson, Jr
		Title: Assistant Vice President

EXHIBIT 10.27

						
		
		Aggregate principal amount of US dollar denominated Notes held: $12,000,000
		
		THRIVENT FINANCIAL FOR LUTHERANS
		
		By: /s/ Allen Stoltman
		Name: Allen Stoltman
		Title: Managing Director
		
		Aggregate principal amount of US dollar denominated Notes held: $11,000,000
		
		AMERICAN UNITED LIFE INSURANCE COMPANY
		
		/s/ Michael Bullock
		Name: Michael Bullock
		Title: VP, Private Placements
		
		THE STATE LIFE INSURANCE COMPANY
		By: American United Life Insurance Company
		Its: Agent
		
		/s/ Michael Bullock
		Name: Michael Bullock
		Title: VP, Private Placements
		
		Aggregate principal amount of US dollar denominated Notes held: $10,000,000
		
		CUMIS INSURANCE SOCIETY, INC.
		CMFG LIFE INSURANCE COMPANY
		By: MEMBERS Capital Advisors, Inc. acting as Investment Advisor
		
		By: /s/ Jason Micks
		Name: Jason Micks
		Title: Director II, Investments
		
		Aggregate principal amount of US dollar denominated Notes held: $3,000,000
		
		Aggregate principal amount of Euro denominated Notes held: €5,000,000
		
		AMERICAN EQUITY INVESTMENT LIFE
		INSURANCE COMPANY

EXHIBIT 10.27

						
		
		By: /s/ Jeffrey A. Fossell
		Name: Jeffrey A. Fossell
		Title: Authorized Signatory
		
		Aggregate principal amount of US dollar denominated Notes held: $7,000,000

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