Document:

exv10w12

Exhibit 10.12

September 8, 2010

The Greenbrier Companies, Inc.

One Centerpointe Drive, Suite 200

Lake Oswego, OR 97035

			
	Re:	 	Sixth Amendment to Amended and Restated Credit Agreement, dated as of November 7, 2006 (as amended,
restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit
Agreement;” the terms defined therein being used herein as therein defined), among The Greenbrier
Companies, Inc., an Oregon corporation (the “Company”), the Subsidiary Guarantors party thereto, the
Lenders from time to time party thereto, and Bank of America, N.A., as U.S. Administrative Agent.

Ladies and Gentlemen:

The parties hereto agree that:

     (i) Section 7.01(f) of the Credit Agreement is hereby amended to read as follows:

     (f) (i) deposits to secure the performance of bids, trade contracts and leases (other
than Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and
other obligations of a like nature incurred in the ordinary course of business and (ii)
security interests on rail cars (the “transferred rail cars”) that are transferred to the
Company and its Subsidiaries by customers as consideration for the future delivery by the
Company and its Subsidiaries to such customer of (1) existing rail car assets, (2)
to-be-refurbished rail car assets or (2) to-be-constructed rail car assets so long as in
either case (x) no Default exists or would result from the creation of such security
interests, (y) such security interests (A) secure only the performance obligations of the
Company and its Subsidiaries to deliver such rail car assets upon completion of
construction, (B) extend to no property of the Company and its Subsidiaries other than the
transferred rail cars, (C) are released upon completion of performance by the Company and
its Subsidiaries and (z) the transferred rail cars shall not be included in the U.S.
Borrowing Base while they are subject to such security interests.

     (ii) Section 9.10(b) of the Credit Agreement is hereby amended to read as follows:

     (b) to subordinate any Lien on any property granted to or held by such Administrative
Agent under any Loan Document to the holder of any Lien on such property that is permitted
by clause (ii) of Section 7.01(f) or Section 7.01(i);

This letter agreement is a Loan Document. All references in the Credit Agreement and the other
Loan Documents to the “Credit Agreement” shall be deemed to refer to the Credit Agreement as
amended hereby.

Except as modified hereby, all of the terms and provisions of the Credit Agreement and the other
Loan Documents shall remain in full force and effect.

This letter agreement shall become effective upon (i) the execution hereof by the Loan Parties, the
Required Lenders and the Administrative Agent and (ii) the Administrative Agent’s receipt of an
amendment fee on behalf of each Lender executing this letter agreement in an amount equal to 0.05%
of such Lender’s Commitment.

 

 

This letter agreement may be executed in one or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. Delivery of
executed counterparts of this Agreement by telecopy or pdf shall be effective as an original.

[The remainder of this page is intentionally left blank.]

 

 

This letter agreement shall be governed by and construed in accordance with the laws of the State
of Oregon.

	 	 	 	 	 
	 	Sincerely,

BANK OF AMERICA, N.A., as U.S. Administrative Agent

 	 
	 	By  	 /s/ Tiffany Shin
 	 
	 	Name:  	Tiffany Shin 	 
	 	Title:  	Assistant Vice President 	 

THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENT

 

 

	 	 	 	 	 

ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN:

	 	 	 	 	 	 	 

	BORROWER:	 	THE GREENBRIER COMPANIES, INC.,
	 	 	an Oregon corporation
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 
	SUBSIDIARY
	 	GUNDERSON LLC,
	GUARANTORS:	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	GREENBRIER LEASING COMPANY LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GREENBRIER RAILCAR, LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	AUTOSTACK COMPANY, LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GUNDERSON RAIL SERVICES LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 

 THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENT

 

 

	 	 	 	 	 	 	 

	 	 	GUNDERSON MARINE LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GREENBRIER-CONCARRIL, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GREENBRIER LEASING LIMITED PARTNER, LLC,
	 	 	a Delaware limited liability company
	 	 	By: Greenbrier Leasing Company LLC, Sole Member
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GREENBRIER MANAGEMENT SERVICES, LLC,
	 	 	a Delaware limited liability company
	 	 	By: Greenbrier Leasing Company LLC, Sole Member
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	BRANDON RAILROAD LLC,
	 	 	an Oregon limited liability company
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	MERIDIAN RAIL HOLDINGS CORP.,
	 	 	an Oregon corporation
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	MERIDIAN RAIL ACQUISITION CORP.,
	 	 	an Oregon corporation
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 

 THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENT

 

 

	 	 	 	 	 	 	 

	 	 	MERIDIAN RAIL MEXICO CITY CORP.,
	 	 	an Oregon corporation
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	GUNDERSON SPECIALTY PRODUCTS, LLC,
	 	 	a Delaware limited liability company
	 	 	By: Gunderson LLC, Sole Member
	 
	 	 	 	 	 	 
	 

	 	By:

Name
	 	/s/ Mark J. Rittenbaum
 

Mark J. Rittenbaum
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 

 THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENT

 

 

ACCEPTED AND AGREED AS OF THE DATE FIRST ABOVE WRITTEN:

	 	 	 	 	 	 	 

	LENDERS:	 	BANK OF AMERICA, N.A.,
	 	 	as a U.S. Lender and as U.S. L/C Issuer and U.S. Swing
	 	 	Line Lender
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	/s/ Chris Swindell
 
 Chris
Swindell	 	 
	 

	 	Title:
	 	SVP	 	 
	 
	 	 	 	 	 	 
	 	 	UNION BANK OF CALIFORNIA, N.A.,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	/s/ Stephen Sloan
 
 Stephen
Sloan	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	U.S. BANK NATIONAL ASSOCIATION,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	/s/ Richard J. Ameny Jr.
 
 Richard
J. Ameny, Jr.	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	KEYBANK NATIONAL ASSOCIATION,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By
	 	 
 	 	 
	 

	 	Name:
	 	 
 	 	 
	 

	 	Title:
	 	 
 
	 	 
	 

	 	 	 	 
 	 	 
	 	 	BRANCH BANKING & TRUST COMPANY,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By

Name:
	 	/s/ Robert M. Searson
 
 Robert
M. Searson	 	 
	 

	 	Title:
	 	Sr. Vice President	 	 

	 	 	 	 	 	 	 	 	 

	 	 	CREDIT AGRICOLE CORPORATE AND INVESTMENT 
BANK, U.S. Lender	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By
	 	/s/ Brian Bolotin
	 	/s/ Charles Moran	 	 
	 	 	 	 	 	 	 
	 

	 	Name:
	 	Brian Bolotin
	 	     Charles Moran	 	 
	 

	 	Title:
	 	Managing Director
	 	     Director	 	 

 THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENT

 

 

	 	 	 	 	 	 	 

	 	 	CRÉDIT INDUSTRIEL et COMMERCIAL, NEW YORK BRANCH,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By	 	 	 	 
	 

	 	Name:
	 	 
 	 	 
	 

	 	Title:
	 	 
 	 	 
	 

	 	 	 	 
 	 	 
	 
	 	 	 	 	 	 
	 	 	COMERICA BANK,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Fatima Arshad
 
 Fatima
Arshad	 	 
	 

	 	Title:
	 	Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	SOVEREIGN BANK,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 
 	 	 
	 

	 	Title:
	 	 
 	 	 
	 

	 	 	 	 
 	 	 
	 
	 	 	 	 	 	 
	 	 	DVB BANK SE (formerly known as DVB Bank AG),
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ M. Neuland
 
 M. Neuland	 	 
	 

	 	Title:
	 	SVP	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Eberhart
 
 Eberhart	 	 
	 

	 	Title:
	 	VP	 	 
	 
	 	 	 	 	 	 
	 	 	BANK OF THE WEST,
	 	 	U.S. Lender
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Brett German
 

Brett German
	 	 
	 

	 	Title:
	 	Vice President	 	 

 THE GREENBRIER COMPANIES, INC.

SIXTH AMENDMENTexv4w1

Exhibit 4.1

	The shares represented by this certificate are transferable at the offices of
American Stock Transfer & Trust Company, LLC, in New York
and Capita IRG Plc in the United Kingdom.
COMMON STOCK
CLEAN DIESEL TECHNOLOGIES, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE
SEE REVERSE FOR CERTAIN DEFINITIONS
CUSIP 18449c 40 1
CERTIFIES THAT:
is the owner of
FULLY PAID AND NONASSESSABLE SHARES OF THE COMMON STOCK, $.01 PAR
VALUE, OF
transferable on the books of the Corporation in person or by attorney upon surrender of
this certificate properly endorsed or assigned. This certificate and the shares represented
hereby arc subject to the laws of the State of Delaware, and to the Certificate of
Incorporation and Bylaws of the Corporation, as now or hereafter amended. This certificate
is not valid until countersigned by the Transfer Agent and registered by the Registrar.
WITNESS the facsimile sea the Corporation and the facsimile signatures of its duly
authorized officers.

 

THE CORPORATION WILL FURNISH TO ANY STOCKHOLDER, UPON REQUEST AND WITHOUT CHARGE, A FULL
STATEMENT OF THE DESIGNATIONS, RELATIVE RIGHTS, PREFERENCES AND LIMITATIONS OF THE SHARES OF
EACH CLASS AND SERIES AUTHORIZED TO BE ISSUED, SO FAR AS THE SAME HAVE BEEN DETERMINED, AND OF
THE AUTHORITY, IF ANY, OF THE BOARD TO DIVIDE THE SHARES INTO CLASSES OR SERIES AND TO
DETERMINE AND CHANGE THE RELATIVE RIGHTS, PREFERENCES AND LIMITATIONS OF ANY CLASS OR SERIES.
SUCH REQUEST MAY BE MADE TO THE SECRETARY OF THE CORPORATION OR TO THE TRANSFER AGENT NAMED ON
THIS CERTIFICATE.

     The following abbreviations, when used in the inscription on the face of this
certificate, shall be construed as though they were written out in full according to applicable
laws or regulations:

	 	 	 	 	 	 	 	 	 

	TEN COM	 	-	 	as tenants in common	 	UNIF GIFT (TRANS) MIN ACT      
                      
        Custodian               

	TEN ENT

	 	-
	 	as tenants by the entireties
	 	 	 	                
(Cust)
	JT TEN	 	-	 	as joint tenants
with right of
survivorship and
not as tenants in common	 	              
              
under Uniform Gifts (Transfer) to lviinors
	 	 	 	 	 	 	              
               
Act              
      ,                
                       
     
	 	 	 	 	 	 	 	                          (State)

Additional abbreviations may also be used though not in the above list.

FOR VALUE RECEIVED,           
                
                          
    hereby sells, assigns and transfers unto

PLEASE INSERT SOCIAL SECURITY OR OTHER

     IDENTIFYING NUMBER OF ASSIGNEE

 

 

PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS OF ASSIGNEE

 

 

 

	 	 	 

	

	 	Shares
	 

	 	 

of the stock represented by the within Certificate, and do hereby irrevocably constitute and
appoint

	 	 	 

	

	 	Attorney
	 

	 	 

to transfer the said Stock on the books of the within-named Corporation with full power of
substitution in the premises.

Dated                                         

	 	 	 

	 

	 	 
	 

	 	NOTICE: THE SIGNATURES TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE
FACE OF THE CERTIFICATE IN EVERY PARTICULAR WITHOUT (ILLEGIBLE FOR THE REST)

Signature(s) Guaranteed

	 	 	 	 	 

	 
	 	 	 	 
	By

	 	 

	 	 
	THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE
GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND
LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN
APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM) PURSUANT
TO S.E.C. RULE 17Ad- 15.

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