Document:

EX-10.1

 Exhibit 10.1 

Execution Version 
 AMENDMENT NO.
2 TO CREDIT AGREEMENT 
 AMENDMENT NO. 2 TO CREDIT AGREEMENT, dated as of December 11, 2013 (this “Amendment”), is
entered into by and among SENSATA TECHNOLOGIES B.V., a besloten vennootschap organized under the laws of the Netherlands (the “BV Borrower”), SENSATA TECHNOLOGIES FINANCE COMPANY, LLC, a Delaware limited liability company
(the “US Borrower”, and together with the BV Borrower, the “Borrowers”), SENSATA TECHNOLOGIES INTERMEDIATE HOLDING B.V., a besloten vennootschap organized under the laws of the Netherlands (the
“Parent”), the undersigned guarantors (together with the Parent, the “Guarantors”), MORGAN STANLEY SENIOR FUNDING, INC., as sole lead arranger and bookrunner and as administrative agent on behalf of the lenders
party to the Credit Agreement (as defined below) (in such capacity, the “Administrative Agent”) and the undersigned lenders (the “Lenders”). 

PRELIMINARY STATEMENTS: 

WHEREAS, the Borrowers, the Parent, the Administrative Agent and certain lenders entered into that certain Credit Agreement, dated as of
May 12, 2011 (as amended, amended and restated, supplemented, waived or otherwise modified prior to the date hereof, the “Credit Agreement”; capitalized terms not otherwise defined in this Amendment have the same meanings as
specified in the Credit Agreement); 
 WHEREAS, the Borrowers, the Parent, the Administrative Agent and the Lenders have agreed to amend the
Credit Agreement as hereinafter set forth; 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration
(the receipt and sufficiency of which are hereby acknowledged), the parties hereto hereby agree as follows: 
 SECTION 1. Amendments to
Credit Agreement. The Credit Agreement is, subject to the satisfaction (or waiver by the Administrative Agent) of the conditions precedent set forth in Section 3, hereby amended as follows: 

(a) Section 1.01 of the Credit Agreement shall be amended by adding the following new definitions thereto in proper alphabetical order:

 “Closing Date Term Loans” has the meaning specified in Section 2.01(a). 

“Second Amendment” means that certain Amendment No. 2 to Credit Agreement, dated as of December 11,
2013, among the BV Borrower, the US Borrower, the Parent, the other Guarantors party thereto, Morgan Stanley Senior Funding, Inc., as sole lead arranger and bookrunner and as the Administrative Agent, and certain Lenders party thereto. 

“Second Amendment Effective Date” means the date on which all of the conditions contained in Section 3 of
the Second Amendment have been satisfied or waived by the Administrative Agent. 
 “Second Amendment Term
Loans” has the meaning specified in Section 2.01(a). 
  

  

					
		  		  	 Amendment No. 2 to

Credit Agreement

 (b) Section 1.01 of the Credit Agreement is hereby amended by restating clause (a) of
the definition of “Applicable Rate” as follows: 
 “(a) with respect to Term Loans, (A) for Eurodollar
Rate Loans, 2.50% and (B) for Base Rate Loans, 1.50%;”. 
 (c) Section 1.01 of the Credit Agreement is hereby amended by
replacing the reference to “1.00%” at the end of clause (c) of the definition of “Eurodollar Rate” with “0.75%”. 

(d) Section 1.01 of the Credit Agreement is hereby amended by restating the definition of “Material Foreign Subsidiary” in its
entirety as follows: 
 “Material Foreign Subsidiary” means, at any time, any Foreign Subsidiary that
(a) contributed 10.0% or more of the Consolidated EBITDA of the BV Borrower for the period of four fiscal quarters most recently ended on or prior to the date of determination, (b) had consolidated assets representing 10.0% or more of the
total consolidated assets of the BV Borrower on the last day of the most recent fiscal quarter ended on or prior to the date of determination or (c) owns any Material Intellectual Property or any Material Real Property. Notwithstanding the
foregoing, any Foreign Subsidiary that (a) contributed less than 1.0% of the Consolidated EBITDA of the BV Borrower for the period of four fiscal quarters most recently ended on or prior to the date of determination or (b) had consolidated
assets representing less than 1.0% of the total consolidated assets of the BV Borrower on the last day of the most recent fiscal quarter ended on or prior to the date of determination shall not in any event be considered a Material Foreign
Subsidiary. Notwithstanding anything in the foregoing to the contrary, any Foreign Subsidiary organized under the laws of the People’s Republic of China (or any political subdivision thereof) shall not be deemed to be a Material Foreign
Subsidiary or be required to be designated as a Material Foreign Subsidiary under any of the provisions of this definition.” 
 (e)
Clause (b) of the definition of “Maturity Date” contained in Section 1.01 of the Credit Agreement shall be amended by replacing the phrase “May 12, 2018” with the phrase “May 12, 2019”. 

(f) Section 1.01 of the Credit Agreement is hereby amended by inserting the following sentence at the end of the definition of “Term
Commitment”: “On the Second Amendment Effective Date, an additional $100,000,000 of Term Commitment is available to the Borrowers.”. 

(g) Section 2.01(a) of the Credit Agreement is hereby amended by restating such provision in its entirety as follows: 

“(a) The Term Borrowing. Subject to the terms and conditions set forth herein, each Lender severally agrees to make
to the BV Borrower or the US Borrower (as directed by the BV Borrower) (i) a single Dollar loan on the Closing Date (each, a “Closing Date Term Loan” and, collectively, the “Closing Date Term Loans”) in an
amount equal to such Lender’s Term Commitment as of the Closing Date and (ii) a single Dollar loan on the Second Amendment Effective Date (each, a “Second Amendment Term Loan” and, collectively, the “Second
Amendment Term Loans”) in an amount equal to such Lender’s Term Commitment as of the Second Amendment Effective Date. The Closing Date Term Loans and the Second Amendment Term Loans are for purposes of this Agreement, each , a
“Term Loan” and, collectively, the “Term Loans”. 

  

					
		  	2	  	 Amendment No. 2 to

Credit Agreement

 
Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.”

 (h) Section 2.02(a)(x) of the Credit Agreement is hereby amended by restating such provision in its entirety as follows: 

“(x) with respect to any Borrowing on either the Closing Date or the Second Amendment Effective Date, not later than 12:00
p.m. (noon) one (1) Business Day before the Closing Date or the Second Amendment Effective Date, as applicable”. 
 (i)
Section 2.05(a)(v) of the Credit Agreement is hereby amended by replacing the reference to “prior to the first anniversary of the First Amendment Effective Date” with “prior to the six month anniversary of the Second Amendment
Effective Date”. 
 (j) Section 2.07(a) of the Credit Agreement is hereby amended by restating such provision in its entirety as
follows: 
 (a) The Borrowers shall repay to the Administrative Agent for the ratable account of the Term Lenders the
aggregate outstanding principal amount of the Term Loans in quarterly installments payable on the last Business Day of each March, June, September and December, commencing on December 31, 2013, in an amount equal to (x) on each such date
occurring on or prior to the Maturity Date of the Term Loan Facility, 0.25% of the sum of the aggregate principal amount of the Term Loan outstanding on the Second Amendment Effective Date and (y) the balance on the Maturity Date of the Term
Loan Facility, which amount, in each case, shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05; provided, however, that the final principal
installment shall be repaid on the Maturity Date for the Term Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of the Term Loans outstanding on such date. 

(k) Section 2.14(a) of the Credit Agreement is hereby amended by replacing the reference to “1.00%” contained in clause
(vi) thereof with “0.75%”. 
 (l) Section 7.02(c)(iii) of the Credit Agreement is hereby amended by replacing the
reference to “$100,000,000” contained therein with a reference to “$300,000,000”. 
 (m) Section 7.06 of the Credit
Agreement is hereby amended by: 
 deleting the word “and” at the end of clause (h) thereof; 

 

	 	(i)	replacing the “.” at the end of clause (i) thereof with “; and”; and 

  

	 	(ii)	inserting the following new clause (j): 

 “(j) so long as no Default or Event of Default
shall have occurred and be continuing or would result therefrom, in addition to the foregoing Restricted Payments, the Ultimate Parent, the Parent, the Borrowers and the Restricted Subsidiaries may make additional Restricted Payments in an aggregate
amount not to exceed $150,000,000.”. 

  

					
		  	3	  	 Amendment No. 2 to

Credit Agreement

 (n) Schedule 2.01 of the Credit Agreement is hereby amended by restating it in its entirety to
read as set forth on Schedule 1 hereto. 
 SECTION 2. Reference to and Effect on the Loan Documents. 

(a) On and after the Effective Date (as defined below), each reference in the Credit Agreement to “this Agreement”,
“hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like
import referring to the “Credit Agreement”, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. For the avoidance of doubt, this Amendment shall also constitute a Loan Document under the Credit Agreement,
as amended by the Amendment. 
 (b) The Credit Agreement, as specifically amended by this Amendment, and the other Loan Documents are, and
shall continue to be, in full force and effect, and are hereby in all respects ratified and confirmed. 
 (c) Except as expressly provided
herein, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under the Credit Agreement or any other Loan Document, nor shall it constitute
a waiver of any provision of the Credit Agreement or any Loan Document. 
 SECTION 3. Conditions of Effectiveness for Amendment. This
Amendment shall become effective as of the date (the “Effective Date”) on which the following conditions shall have been satisfied (or waived by the Administrative Agent): 

(a) The Administrative Agent shall have received counterparts of this Amendment executed by the BV Borrower, the US Borrower, the Parent, the
other Guarantors, and the Lenders party hereto, including any Revolving Credit Lenders that wish to consent, as well as any New Lenders or Increasing Lenders on, or prior to, 5:00 p.m., New York City time on December 9, 2013 (the
“Consent Deadline”) ; 
 (b) The Administrative Agent shall have received a certified copy of the resolutions of the Board
of Directors or other governing body, as applicable, of each Loan Party (or duly authorized committee thereof) authorizing this Amendment; 

(c) The Administrative Agent shall have received a certificate of the BV Borrower dated as of the Effective Date signed on behalf of the BV
Borrower by a Responsible Officer of the BV Borrower, certifying on behalf of the Borrowers that immediately before and after giving effect to this Amendment and the transactions contemplated hereby, the representations and warranties set forth in
Article 5 of the Credit Agreement (as amended by this Amendment) and in the other Loan Documents are true and correct in all material respects as of the Effective Date, with the same effect as though made on and as of such date, except (i) to
the extent that such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, (ii) that for purposes of this Section 3(c), the
representations and warranties contained in Sections 5.05(a) and 5.05(b) of the Credit Agreement (as amended by this Amendment) shall be deemed to refer to the most recent financial statements furnished pursuant to Sections 6.01(a) and 6.01(b) of
the Credit Agreement (as amended by this Amendment) and, in the case of the financial statements furnished pursuant to Section 6.01(b) of the Credit Agreement (as amended by this Amendment), the representations contained in Section 5.05(a)
of the Credit Agreement (as amended by this Amendment), as modified by this clause (ii), shall be qualified by the statement that such financial statements are subject to the absence of footnotes and year-end audit adjustments and (iii) to the
extent that such representations and warranties contain a materiality qualification, such representations and warranties shall be accurate in all respects; 

  

					
		  	4	  	 Amendment No. 2 to

Credit Agreement

 (d) Immediately prior to and after giving effect to the Effective Date, no Default or Event of
Default has occurred and is continuing; and 
 (e) The Borrowers shall have paid all fees required to be paid on the Effective Date as
separately agreed in writing by the BV Borrower pursuant to that certain Amendment Fee Letter, dated on December 2, 2013, by and between the BV Borrower and Morgan Stanley Senior Funding, Inc. 

SECTION 4. Second Amendment Term Loans. Subject to the satisfaction or waiver of the conditions to borrowing set forth in the Credit
Agreement and the conditions set forth in Section 3 hereof, on and as of the Second Amendment Effective Date, each Lender that is providing new or increased Term Commitments in connection with the Second Amendment Term Loans will make such
Second Amendment Term Loans to the BV Borrower or the US Borrower (as directed by the BV Borrower) in an amount not to exceed its respective new Term Commitment or the amount of any increase in its Term Commitment. 

SECTION 5. Representations and Warranties. Each of the Parent and the Borrowers hereby represents and warrants to the Administrative
Agent that: 
 (a) on and as of the date hereof (i) it has all requisite corporate or other power and authority to enter into and
perform its obligations under this Amendment, the Credit Agreement as amended hereby and the other Loan Documents to which it is a party, and (ii) this Amendment has been duly authorized, executed and delivered by it; and 

(b) this Amendment, and the Credit Agreement as amended hereby, constitute legal, valid and binding obligations of such party, enforceable
against it in accordance with their respective terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, receivership, moratorium or other Laws affecting creditors’ rights generally and by general principles
of equity (regardless of whether enforcement is sought in equity or at law). 
 SECTION 6. New Lenders and Increasing Lenders. If any
lender under the Credit Agreement declines or fails to consent to this Amendment by returning an executed counterpart of this Amendment to the Administrative Agent prior to the Consent Deadline, then pursuant to and in compliance with the terms of
Section 10.01 of the Credit Agreement, such lender may be replaced and its commitments and/or obligations purchased and assumed by either a new lender (a “New Lender”) or an existing lender (an “Existing
Lender”) which is willing to increase its Term Loans as set forth on such Lender’s signature page hereto (an “Increasing Lender”) upon execution of this Amendment (which will also be deemed to be the execution of an
Assignment and Assumption Agreement substantially in the form of Exhibit A hereto). 
 SECTION 7. Costs and Expenses. The Borrowers
agree that all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment and the other instruments
and documents to be delivered hereunder or in connection herewith (including, without limitation, the Attorney Costs of one counsel for all Lenders and the Administrative Agent (which shall be Shearman & Sterling LLP)), are expenses that
the Borrowers are required to pay or reimburse pursuant to Section 10.04 of the Credit Agreement. 

  

					
		  	5	  	 Amendment No. 2 to

Credit Agreement

 SECTION 8. Execution in Counterparts. This Amendment may be executed in one or more
counterparts (and by different parties hereto in different counterparts), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by telecopier or other electronic transmission
of an executed counterpart of a signature page to this Amendment, including by email with a pdf copy hereof attached, shall be effective as delivery of an original executed counterpart of this Amendment. 

SECTION 9. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

SECTION 10. Waiver of Right of Trial by Jury. EACH PARTY TO THIS AMENDMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY
CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER THIS AMENDMENT, OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO THE CREDIT AGREEMENT AS AMENDED HEREBY, OR THE
TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE
DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 9 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO
TRIAL BY JURY. 
 SECTION 11. Guarantor Affirmation. Each Guarantor party hereto hereby (a) acknowledges and consents to this
Amendment; (b) ratifies and confirms all of its respective obligations and liabilities under the Loan Documents (as amended by the Amendment) to which it is a party and ratifies and confirms that such obligations and liabilities remain in full
force and effect and extend to and continue in effect with respect to, and continue to guarantee and secure, as applicable, the obligations of the Borrowers under the Credit Agreement; (c) acknowledges and confirms, subject to Section 12
below in the case of the Guarantor organized under Bulgarian law (the “Bulgarian Guarantor”), the Guarantor which is the direct parent of the Bulgarian Guarantor (the “Belgian Guarantor”) and the Guarantor organized
under Japanese law (the “Japanese Guarantor”), that immediately after giving effect to the Amendment the liens and security interests granted by it in the Collateral pursuant to the Collateral Documents continue to be valid and
perfected (if and to the extent required to be perfected under the Collateral Documents to which it is a party) liens and security interests in the Collateral (subject only to Liens permitted under the Loan Documents) that secure all of the
obligations of such Guarantor under the Loan Documents to which it is a party to the same extent that such liens and security interests in the Collateral were valid and perfected (if and to the extent required to be perfected under the Collateral
Documents to which it is a party) immediately prior to giving effect to the execution and delivery of the Amendment; (d) acknowledges and agrees that such Guarantor does not have any claim or cause of action against the Administrative Agent or
any Lender (or any of its respective directors, officers, employees, or agents) on or prior to the date hereof; and (e) acknowledges, affirms, and agrees that such Guarantor does not have any defense, claim, cause of action, counterclaim,
offset or right of recoupment of any kind or nature against any of its obligations, indebtedness or liabilities to the Administrative Agent or any Lender on or prior to the date hereof. 

SECTION 12. Waiver and Consent. The Administrative Agent and the Lenders hereby agree to waive each of the BV Borrower’s, the
Belgian Guarantor’s, the Bulgarian Guarantor’s and the Japanese Guarantor’s compliance with all covenants and/or representations and warranties in the Loan Documents relating to the perfection of any security interest under, or

  

					
		  	6	  	 Amendment No. 2 to

Credit Agreement

 
enforceability of, any Collateral Document governed by Bulgarian law and Japanese law, as applicable, on the Second Amendment Effective Date and for a period of 90 days after the Second Amendment
Effective Date (as such time period may be extended in the reasonable discretion of the Administrative Agent), during which period each of the BV Borrower, the Belgian Guarantor, the Bulgarian Guarantor and Japanese Guarantor will amend such
Collateral Documents to reflect the amendments set forth in Section 1 of this Amendment and will take all requisite actions to ensure that it has granted in favor of the Administrative Agent, for the benefit of the Secured Parties, a valid and,
to the extent required under the Collateral Documents to which it is a party, perfected security interest in its Collateral, as defined in such Collateral Documents. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  

					
		  	7	  	 Amendment No. 2 to

Credit Agreement

 IN WITNESS WHEREOF, the parties have caused this Amendment No. 2 to Credit Agreement
to be executed by their respective authorized officers as of the date first above written. 
  

					
	SENSATA TECHNOLOGIES B.V.,
	as BV Borrower
		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director
	
	 SENSATA TECHNOLOGIES FINANCE COMPANY, LLC,

as US Borrower

		
	By:	 	 /s/ Jeffrey Cote

		 	Name:	 	Jeffrey Cote
		 	Title:	 	Chief Financial Officer
	
	 SENSATA TECHNOLOGIES INTERMEDIATE HOLDING B.V.,

as Parent

		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director

  
 Signature Page to

 Amendment No. 2 to Credit Agreement 

 
					
	SENSATA TECHNOLOGIES, INC.,
	as Guarantor
		
	By:	 	 /s/ Jeffrey Cote

		 	Name:	 	Jeffrey Cote
		 	Title:	 	Chief Financial Officer
	
	 SENSATA TECHNOLOGIES MASSACHUSETTS, INC.,

as Guarantor

		
	By:	 	 /s/ Jeffrey Cote

		 	Name:	 	Jeffrey Cote
		 	Title:	 	Chief Financial Officer

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSATA TECHNOLOGIES HOLDING COMPANY US B.V.,
	as Guarantor
		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director
	
	 SENSATA TECHNOLOGIES HOLLAND B.V.,

as Guarantor

		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director
	
	 SENSATA TECHNOLOGIES HOLDING COMPANY MEXICO B.V.,

as Guarantor

		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSATA TECHNOLOGIES DE MÉXICO, S. DE R.L. DE C.V.
	as Guarantor
		
	By:	 	 /s/ Santiago Sepulveda

		 	Name:	 	Santiago Sepulveda
		 	Title:	 	Attorney-in-Fact

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSATA TECHNOLOGIES JAPAN LIMITED,
	as Guarantor
		
	By:	 	 /s/ Akira Hayashi

		 	Name:	 	Akira Hayashi
		 	Title:	 	Representative Director

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSATA TECHNOLOGIES MALAYSIA SDN. BHD.,
	as Guarantor
		
	By:	 	 /s/ Jeffrey Cote

		 	Name:	 	Jeffrey Cote
		 	Title:	 	Director

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSOR-NITE INDUSTRIAL EOOD
	as Guarantor
		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	SENSOR-NITE NV,
	as Guarantor
		
	By:	 	 /s/ Geert Braaksma

		 	Name:	 	Geert Braaksma
		 	Title:	 	Director

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 
					
	MORGAN STANLEY SENIOR FUNDING, INC., as Administrative Agent
		
	By:	 	 /s/ Stephen B. King

		 	Name:	 	Stephen B. King
		 	Title:	 	V.P.

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 Term Lender Signature Page to Amendment No. 2 to Credit Agreement 

[Term Lenders: please fill in the amount your institution currently holds in Term Loans in Column A, fill in one of Column B, C or D1, as appropriate, and then execute the signature block below. Please see the footnotes for explanations of which column to choose and the undertakings associated therewith. If multiple entities are
being signed for by the same natural person, you may use one page and use a different line in the below table for each entity.] 
  

															
	 Name of Term Lender
	  	Existing Term
Loans	 	  	Roll up to2:	 	  	Recommit up to3:	 	  	Decline
Amendment4
		  	$	 	  	  	$	 	  	  	$	 	  	  	
		  				  				  				  	
		  				  				  				  	
		  				  				  				  	
		  				  				  				  	

  

			
	[                    ],
	as [an Existing Lender] [an Increasing Lender][a New Lender] [a Non-Consenting Lender]
		
	By:	 	  

		 	Name:
		 	Title:

  

	1 	Lenders selecting Column B or C and executing this page will be deemed to consent to the Amendment. If applicable, such execution will also be deemed to be the execution of an Assignment and Assumption Agreement
substantially in the form of Exhibit A hereto. 

	2 	If amount exceeds existing Term Loan position, the incremental amount will be settled after the Effective Date. If amount is less than existing Term Loan position, the difference will be repaid on the Effective Date.

	3 	Use this column if entire existing Term Loan position needs to be repaid and the “recommitted” amount (including any increase above existing position) settled after the Effective Date. 

	4 	Place a check mark in this column if you are declining the Amendment. For a Term Loan Lender, the entire existing Term Loan position of the specified Term Loan Lender will be repaid on the Effective Date.

  
 Signature Page to 

Amendment No. 2 to Credit Agreement 

 EXHIBIT A 

FORM OF 
 ASSIGNMENT AND
ASSUMPTION 
 Reference is made to the Credit Agreement dated as of May 12, 2011 (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”; the terms defined therein, unless otherwise defined herein, being used herein as therein defined) among SENSATA TECHNOLOGIES B.V., a private limited liability company
(besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands, (the “BV Borrower”), SENSATA TECHNOLOGIES FINANCE COMPANY, LLC, a Delaware limited liability company, (the “US
Borrower”), SENSATA TECHNOLOGIES INTERMEDIATE HOLDING B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands, the Lenders, the Initial L/C
Issuer, the Initial Swing Line Lender and MORGAN STANLEY SENIOR FUNDING INC. 
 Each “Assignor” referred to on Schedule 1 hereto
(each, an “Assignor”) and each “Assignee” referred to on Schedule 1 hereto (each, an “Assignee”) agrees severally with respect to all information relating to it and its assignment hereunder and on
Schedule 1 hereto as follows: 
  

	1.	Such Assignor hereby sells and assigns, without recourse except as to the representations and warranties made by it herein, to such Assignee, and such Assignee hereby purchases and assumes from such Assignor, an
interest in and to such Assignor’s rights and obligations under the Credit Agreement as of the date hereof equal to the percentage interest specified on Schedule 1 hereto of all outstanding rights and obligations under the Facility or
Facilities specified on Schedule 1 hereto. After giving effect to such sale and assignment, such Assignee’s Commitments and the amount of the Loans owing to such Assignee will be as set forth on Schedule 1 hereto. 

 

	2.	Such Assignor (i) represents and warrants that its name set forth on Schedule 1 hereto is its legal name, that it is the legal and beneficial owner of the interest or interests being assigned by it hereunder and
that such interest or interests are free and clear of any adverse claim; (ii) makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with any Loan
Document or the execution, legality, validity, enforceability, genuineness, sufficiency or value of, or the perfection or priority of any lien or security interest created or purported to be created under or in connection with, any Loan Document or
any other instrument or document furnished pursuant thereto; (iii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Loan Party or the performance or observance by any Loan Party of
any of its obligations under any Loan Document or any other instrument or document furnished pursuant thereto; and (iv) attaches the Note or Notes (if any) held by such Assignor and requests that the Administrative Agent exchange such Note or
Notes for a new Note or Notes payable to the order of such Assignee in an amount equal to the Commitments assumed by such Assignee pursuant hereto or new Notes payable to the order of such Assignee in an amount equal to the Commitments assumed by
such Assignee pursuant hereto and such Assignor in an amount equal to the Commitments retained by such Assignor under the Credit Agreement, respectively, as specified on Schedule 1 hereto. 

 

	3.	 Such Assignee (i) confirms that it has received a copy of the Credit Agreement, together with such other documents and information as it has
deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption; (ii) agrees that it will, independently and without reliance upon any Agent, any Assignor or any other Lender Party and based on such
documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) represents and warrants that

  

					
		  	A - 1	  	Form of Assignment and Assumption

	 	
its name set forth on Schedule 1 hereto is its legal name; (iv) confirms that it is an Eligible Assignee; (v) appoints and authorizes each Agent to take such action as agent on its
behalf and to exercise such powers and discretion under the Loan Documents as are delegated to such Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; (vi) agrees that it will perform in
accordance with their terms all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender Party; and (vii) attaches any information related to Taxes as required by Article 3 of the Credit
Agreement. 

  

	4.	[Such Assignee is an Affiliated Lender and hereby represents and warrants that (i) after giving effect to this Assignment and Assumption, the aggregate principal amount of Total Outstanding Term Loans held by all
Affiliated Lenders will not exceed 25% of the original principal amount of all Total Outstanding Term Loans at such time and (ii) such Assignee does not possess any MNPI with respect to any Loan Party that both (x) has not been disclosed
to the assigning Lender (other than because such assigning Lender does not wish to receive MNPI with respect to any Loan Party) prior to such date and (y) could reasonably be expected to have a material effect upon, or otherwise be material to,
a Lender’s decision to assign Loans to such Affiliated Lender.]5 [The Assignee hereby represents and warrants that it is not an Affiliated
Lender.]6 

  

	5.	Following the execution of this Assignment and Assumption, it will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective date for this Assignment and Assumption
(the “Effective Date”) shall be the date of acceptance hereof by the Administrative Agent, unless otherwise specified on Schedule 1 hereto. 

  

	6.	Upon such acceptance and recording by the Administrative Agent, as of the Effective Date, (i) such Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Assumption,
have the rights and obligations of a Lender thereunder and (ii) such Assignor shall, to the extent provided in this Assignment and Assumption, relinquish its rights and be released from its obligations under the Credit Agreement (other than its
rights and obligations under the Loan Documents that are specified under the terms of such Loan Documents to survive the payment in full of the Obligations of the Loan Parties under the Loan Documents to the extent any claim thereunder relates to an
event arising prior to the Effective Date of this Assignment and Assumption) and, if this Assignment and Assumption covers all of the remaining portion of the rights and obligations of such Assignor under the Credit Agreement, such Assignor shall
cease to be a party thereto. 

  

	7.	Upon such acceptance and recording by the Administrative Agent, from and after the Effective Date, the Administrative Agent shall make all payments under the Credit Agreement and the other Loan Documents in respect of
the interest assigned hereby (including, without limitation, all payments of principal, interest and commitment fees with respect thereto) to such Assignee. Such Assignor and such Assignee shall make all appropriate adjustments in payments under the
Credit Agreement and the other Loan Documents for periods prior to the Effective Date directly between themselves. 

  

	8.	This Assignment and Assumption shall be governed by, and construed in accordance with, the laws of the State of New York. 

  

	9.	This Assignment and Assumption may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which
taken together shall constitute one and the same agreement. Delivery of an executed counterpart of Schedule 1 to this Assignment and Assumption by telecopier shall be effective as delivery of an original executed counterpart of this Assignment and
Assumption. 

 IN WITNESS WHEREOF, each Assignor and each Assignee have caused Schedule 1 to this Assignment and Assumption to be executed by
their officers thereunto duly authorized as of the date specified thereon. 
  

	5 	Insert for an Assignee that is an Affiliated Lender 

	6 	Insert for an Assignee that is not an Affiliated Lender 

  

					
		  	A - 2	  	Form of Assignment and Assumption

 SCHEDULE 1 

TO 
 ASSIGNMENT AND
ASSUMPTION 
  

					
		
	 Revolving Credit Loan
	  			
		
	 Percentage interest assigned
	  	 	    	% 
	 Dollar Revolving Credit Commitment assigned
	  	$	        	  
	 Euro Revolving Credit Commitment assigned
	  	€	 	  
		
	 Term Loan Facility
	  			
		
	 Percentage interest assigned
	  	 	    	% 
		
	 Term Loans assigned
	  	$	 	  

 Effective Date (if other than date of acceptance by Administrative Agent): 

7                 
   , 20     
  

			
	Assignor
	
	                    , as Assignor
	[Type or print legal name of Assignor]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	Dated:                     , 20    
	
	Assignee
	
	                    , as Assignee
	[Type or print legal name of Assignee]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	Dated:                     , 20    
	Domestic Lending Office:
	Eurodollar Lending Office:

  

	7 	This date should be no earlier than five Business Days after the delivery of this Assignment and Assumption to the Administrative Agent. 

			
	 Accepted [and Approved] this             

day of                     ,
20    

	
	 [MORGAN STANLEY SENIOR FUNDING, INC.
as Administrative Agent]8

		
	By:	 	  

		 	Name:
		 	Title:
	
	[L/C ISSUER] [SWING LINE LENDER], as [L/C Issuer] [Swing Line Lender]9
		
	By:	 	  

		 	Name:
		 	Title:

  

	8 	Required if Assignee is a Person other than a Lender, an Affiliate of a Lender or an Approved Fund. 

	9 	Required in case of any assignment of a Revolving Credit Commitment. 

							
	 Accepted [and Approved] this             

day of                     ,
20    
	 		 		 	
				
	[NAME OF BORROWER]10	 		 		 	
				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:

  

	10 	Required except (i) in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund or (ii) if an Event of Default has occurred and is continuing under Section 8.01(a),
Section 8.01(f) or Section 8.01(g)(i) of the Credit Agreement.Amended and Restated Redemption Plan

 Exhibit 10.1 

AMENDED AND RESTATED REDEMPTION PLAN 

CNL HEALTHCARE PROPERTIES, INC., a Maryland corporation (the “Company”), has adopted an Amended and Restated Redemption Plan (the
“Redemption Plan”) by which shares of the Company’s common stock (the “Shares”) may be repurchased by the Company from stockholders subject to the terms and conditions set forth herein. 

1. Redemption Price. The Company’s Redemption Plan is designed to provide eligible stockholders with limited, interim
liquidity by enabling them to sell Shares back to the Company prior to the listing of the Shares on a national securities market. Subject to certain restrictions discussed below, the Company may repurchase Shares (including fractional Shares)
computed to three decimal places, from time to time, at an amount equal to the Company’s then current estimated net asset value per share, as published from time to time in its Annual Report on Form 10-K, its Quarterly Report on Form 10-Q
and/or its Current Report on Form 8-K with the U.S. Securities and Exchange Commission. 
 While the Company is engaged in an
offering, the Company will also include this information in a prospectus supplement or post-effective amendment to the registration statement as required under federal securities laws. 

Notwithstanding the foregoing, the price for the repurchase of Shares shall not exceed an amount (the “Redemption Cap”) equal to the
lesser of: 
  

	 	(i)	the then current public offering price for the Shares during the period of any on-going public offering; and 

  

	 	(ii)	the purchase price paid per Share by the stockholder (the “Purchase Price”). 

 For
purposes of determining the Redemption Cap, Shares issued as a stock distribution prior to December 11, 2013 will be deemed to have a Purchase Price equal to $10.00 per share, and Shares issued as a stock distribution after December 11,
2013 will be deemed to have a Purchase Price equal to the estimated net asset value per Share as last determined by the board of directors at the time the Shares are recorded in the Company’s stock register by its transfer agent (the
“Issue Date”). 
 2. Redemption of Shares. Any stockholder who has held Shares for not less than one year (other
than the Company’s advisor) may present for the Company’s consideration all or any portion of his or her Shares for redemption at any time, in accordance with the procedures outlined herein. Commitments to redeem Shares, if any, will be
made at the end of the Company’s fiscal quarters. A stockholder may present fewer than all of his or her Shares to the Company for redemption, provided: 
  

	 	(i)	the minimum number of Shares presented for redemption shall be at least 25% of his or her Shares, and 

  

	 	(ii)	the amount retained must be at least $5,000 worth of Shares based on the current offering price or, subsequent to the termination of the offering period for the Company’s common stock, the then fair market value of
the Company’s common stock as determined and announced from time to time by the Company. 

  
 1 

 For purposes of calculating the ownership period set forth above, if a stockholder purchased
Shares for economic value from a prior stockholder (a “Resale”), the purchasing stockholder’s period of ownership for such Shares shall commence on the date the purchasing stockholder purchased the Shares from the prior stockholder.
For a transfer of ownership that is not considered a Resale, the stockholder’s period of ownership for such Shares shall commence on the date of the acquisition of Shares by the original stockholder. If a stockholder received Shares in respect
of a stock distribution, the stockholder’s period of ownership for such Shares shall commence on the Issue Date for such Shares; provided, however, if any such Shares issued as stock distributions have not been held for at least one year, the
Company shall waive the holding period for such Shares. 
 Further, the Company has the right to waive the one- year holding period set
forth in this Section 2, above, and the pro rata redemption requirements under Section 3 below, in the event of the death, permanent disability or bankruptcy of a stockholder or other exigent circumstances (individually and collectively,
“Exigent Circumstances”). If the Company determines to permit any such redemption for Exigent Circumstances, notwithstanding anything contained in this Redemption Plan to the contrary, the Company, in its sole discretion, may redeem such
Shares prior to the redemption of any other Shares. 
 At such time, the Company may, at the Company’s sole option, choose to redeem
such Shares presented for redemption for cash to the extent it has sufficient funds available. There is no assurance that there will be sufficient funds available for redemption or that the Company will exercise its discretion to redeem such Shares
and, accordingly, a stockholder’s Shares may not be redeemed. Factors that the Company will consider in making its determination to redeem Shares include: 
  

	 	(i)	whether such redemption impairs the Company’s capital or operations; 

  

	 	(ii)	whether an emergency makes such redemption not reasonably practical; 

  

	 	(iii)	whether any governmental or regulatory agency with jurisdiction over the Company so demands such action for the protection of the Company’s stockholders; 

 

	 	(iv)	whether such redemption would be unlawful; or 

  

	 	(v)	whether such redemption, when considered with all other redemptions, sales, assignments, transfers and exchanges of the Shares, could cause direct or indirect ownership of the Shares to become concentrated to an extent
which could adversely affect the Company’s ability to qualify as a REIT for tax purposes. 

 The Company is not obligated
to redeem Shares under the Redemption Plan. If the Company determines to redeem Shares, at no time during a 12-month period may the number of Shares the Company redeems exceed 5% of the weighted average number of Shares of the Company’s
outstanding common stock at the beginning of such 12-month period. The aggregate amount of funds under the Redemption Plan will be determined on a quarterly basis in the sole discretion of the board of directors of the Company, and may be less than
but is not expected to exceed the aggregate proceeds from the Company’s Distribution Reinvestment Plan (the “Reinvestment Plan”). To the extent the aggregate proceeds received from the Reinvestment

  
 2 

 
Plan are not sufficient to fund redemption requests pursuant to the 5% limitation described above, the Company’s board of directors may, in its sole discretion, choose to use other sources
of funds to redeem Shares. There is no guarantee that any funds will be set aside under the Reinvestment Plan or otherwise made available for the Redemption Plan during any period during which redemptions may be requested. Further, no Shares will be
redeemed under the Redemption Plan on any date upon which the Company pays any dividend or other distribution with respect to the Shares. 

The Company will not redeem Shares that are subject to liens or other encumbrances until the lienholder or stockholder presents evidence that
the liens or encumbrances have been removed. If any shares subject to a lien are inadvertently redeemed or the Company is otherwise required to pay to any other party all or any amount in respect of the value of redeemed Shares, then the recipient
of amounts in respect of redemption shall repay the Company the amount paid for such redemption up to the amount it is required to pay to such other party. 

3. Insufficient Funds. In the event there are insufficient funds to redeem all of the Shares for which redemption requests have
been submitted, and the Company determines to redeem Shares, the Company will redeem pending requests at the end of each quarter in the following order at the Redemption Cap: 

 

	 	(i)	pro rata as to redemptions sought upon a stockholder’s death; 

  

	 	(ii)	pro rata as to redemptions sought by stockholders with a Qualifying Disability or upon confinement to a long-term care facility; 

  

	 	(iii)	pro rata as to redemptions sought by stockholders subject to Bankruptcy; 

  

	 	(iv)	pro rata as to redemptions that would result in a stockholder owning less than 100 Shares; and 

  

	 	(v)	pro rata as to all other redemption requests. 

 For a disability to be considered a
“Qualifying Disability” for the purposes of this Redemption Plan, the stockholder: (a) must receive a determination of disability based upon a physical or mental impairment arising after the date the stockholder acquired the Shares to
be redeemed that can be expected to result in death or to last for a continuous period of not less than twelve months; and (b) the determination of disability must have been made by the governmental agency, if any, responsible for reviewing the
disability retirement benefits that the stockholder could be eligible to receive. Such governmental agencies are limited to the following: (1) if the stockholder is eligible to receive Social Security disability benefits, the Social Security
Administration; (2) if the stockholder is not eligible for Social Security disability benefits but could be eligible to receive disability benefits under the Civil Service Retirement System (the “CSRS”), the U.S. Office of Personnel
Management or the agency charged with responsibility for administering CSRS benefits at that time; or (3) if the stockholder is not eligible for Social Security disability benefits but could be eligible to receive military disability benefits,
the Veteran’s Administration or the agency charged with the responsibility for administering military disability benefits at that time. Redemption requests following an award by the applicable government agency of disability death benefits must
be accompanied by the stockholder’s application for disability benefits and a Social Security Administration Notice of Award, a U.S. Office of Personnel Management determination of disability under CSRS, a Veteran’s

  
 3 

 
Administration record of disability-related discharge or such other documentation issued by the applicable governmental agency that the Company deems acceptable and demonstrates an award of
disability benefits. 
 With respect to redemptions sought upon a stockholder’s confinement to a long-term care facility,
“long-term care facility” shall mean an institution that is an approved Medicare provider of skilled nursing care or a skilled nursing home licensed by the state or territory where it is located and meets all of the following requirements:
(a) its main function is to provide skilled, immediate or custodial nursing care; (b) it provides continuous room and board to three or more persons; (c) it is supervised by a registered nurse or licensed practical nurse; (d) it
keeps daily medical records of all medication dispensed; (e) its primary service is other than to provide housing for residents. A stockholder seeking redemption of Shares due to confinement to a long-term care facility must have begun such
confinement after the date the stockholder acquired the Shares to be redeemed and must submit a written statement from a licensed physician certifying the stockholder’s continuous and continuing confinement to a long-term care facility over the
course of the last year or the determination that the stockholder will be indefinitely confined to a long-term care facility. 
 With
respect to redemptions sought upon a stockholder’s Bankruptcy, “Bankruptcy” shall mean a bankruptcy over which a trustee was appointed by a bankruptcy court after the date the stockholder acquired the Shares to be redeemed. A
stockholder seeking to redeem Shares due to Bankruptcy must submit the court order appointing the trustee or an order of discharge from the applicable bankruptcy court. 

With regard to a stockholder whose Shares are not redeemed due to insufficient funds in that quarter, the redemption request will be retained
by the Company, unless withdrawn by the stockholder in the manner described below, and such Shares will be redeemed in subsequent quarters as funds become available and before any subsequently received redemption requests are honored, subject to the
priority for redemption requests listed in (i) through (iv) above. Stockholders will not relinquish their Shares to the Company until such time as the Company commits to redeem such Shares. However, the redemption price for redemption
requests not withdrawn by the stockholder and Shares subsequently redeemed by the Company shall be at the current estimated net asset value per share as of the date that the redemption occurs subject to the Redemption Cap. 

4. Redemption Requests. A stockholder requesting to redeem Shares must mail or deliver a written request on a form the Company
provides, executed by the stockholder, its trustee or authorized agent. In the event of redemptions sought upon the death, Qualifying Disability, confinement to a long-term care facility or Bankruptcy of a stockholder, the written request must be
received by the Company within one year after the onset or determination of the qualifying event. If requests in the event of a qualifying event are not received within the one year period described in the preceding sentence, they will be treated as
ordinary redemption requests and will not be subject to priority.  
 The redemption agent will effect such redemption for the
calendar quarter provided that it receives from the stockholder the properly completed redemption forms relating to the Shares to be redeemed, including the applicable supporting documents described in Section 3 for requests due to death,
Qualifying Disability, confinement to a long-term care facility or Bankruptcy at 

  
 4 

 
least one calendar month prior to the last day of the current calendar quarter and has sufficient funds available to redeem such Shares. The effective date of any redemption will be the last date
during a quarter during which the redemption agent receives the properly completed redemption forms and supporting documents, if applicable. As a result, the Company anticipates that, assuming sufficient funds are available for redemption, the
redemptions will be paid no later than thirty days after the quarterly determination of the availability of funds for redemption. 
 Upon
the redemption agent’s receipt of notice for redemption of Shares, the redemption price will be as set forth in Section 1. 

Until such time as the Company redeems the Shares, a stockholder may withdraw its redemption request as to any remaining Shares not redeemed
by requesting from the Company a redemption change form, completing the form and delivering it to the Company by facsimile transmission to the facsimile number indicated on the form (subject to such stockholder receiving an electronic confirmation
of such transmission) or by mail to the mailing address indicated on the form. Upon timely receipt of the redemption change form, the Company will treat the initial redemption request as cancelled as to any Shares not redeemed in prior quarters.

 5. Amendment, Suspension or Termination of the Redemption Plan. The Company’s board of directors, in its sole discretion, may
amend, suspend or terminate the Redemption Plan at any time it determines that such amendment, suspension or termination is in the Company’s best interests. The board of directors may also amend, suspend or terminate the Redemption Plan if:

  

	 	(i)	it determines, in its sole discretion, that the Redemption Plan impairs the Company’s capital or operations; 

  

	 	(ii)	it determines, in its sole discretion, that an emergency makes the Redemption Plan not reasonably practical; 

  

	 	(iii)	any governmental or regulatory agency with jurisdiction over the Company so demands for the protection of the stockholders; 

  

	 	(iv)	it determines, in its sole discretion, that the Redemption Plan would be unlawful; or 

  

	 	(v)	it determines, in its sole discretion, that redemptions under the Redemption Plan, when considered with all other sales, assignments, transfers and exchanges of the Shares, could cause direct or indirect ownership of
the Shares to become concentrated to an extent which could adversely affect the Company’s ability to qualify as a REIT for tax purposes. 

If the Company’s board of directors amends, suspends or terminates the Redemption Plan, the Company will provide stockholders with at
least 15 days advance notice prior to effecting such amendment, suspension or termination: (i) in the Company’s annual or quarterly reports or (ii) by means of disclosure in the appropriate current or periodic report under the
Securities Exchange Act of 1934. While the Company is engaged in an offering, the Company will also include this information in a prospectus supplement or post-effective amendment to the registration statement as required under federal securities
laws. 

  
 5 

 6. Governing Law. THIS REDEMPTION PLAN AND A STOCKHOLDER’S ELECTION TO PARTICIPATE IN THE
REDEMPTION PLAN SHALL BE GOVERNED BY THE LAWS OF THE STATE OF FLORIDA APPLICABLE TO CONTRACTS TO BE MADE AND PERFORMED ENTIRELY IN SAID STATE; PROVIDED, HOWEVER, THAT CAUSES OF ACTION FOR VIOLATIONS OF FEDERAL OR STATE SECURITIES LAWS SHALL NOT BE
GOVERNED BY THIS SECTION 6. 

  
 6

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