Document:

Guaranty

 EXHIBIT 10.5 
 GUARANTY 
 THIS GUARANTY, dated as of November 6, 2007, is executed by QUANTUM FUEL SYSTEMS
TECHNOLOGIES WORLDWIDE, INC., a corporation organized under the laws of the State of Delaware (the “Guarantor”), in favor of WB QT, LLC, a Delaware limited liability company (the “Lender”). 
 RECITALS 
 A. The Lender has extended
and may from time to time hereafter extend credit accommodations to Tecstar Automotive Group, Inc., an Indiana corporation (the “Borrower”), pursuant to a promissory note executed by the Borrower in favor of the Lender dated
concurrently herewith (the “Note”). 
 B. In connection with the Note the Lender has required that this Guaranty be executed
and delivered by the Guarantor. 
 C. The Guarantor is the parent of the Borrower. 
 D. The Guarantor expects to derive benefits from the extension of credit accommodations to the Borrower by the Lender and finds it advantageous,
desirable and in its best interests to execute and deliver this Guaranty to the Lender. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the credit accommodations to be extended to the Borrower and for other good and valuable consideration, the Guarantor
hereby covenants and agrees with the Lender as follows: 
 Section 1. Defined Terms. As used in this Guaranty, the
following terms shall have the meaning indicated: 
 “Borrower” shall have the meaning indicated in Recital
A. 
 “Guarantor” shall have the meaning indicated in the opening paragraph hereof. 
 “Lender” shall have the meaning indicated in the opening paragraph hereof. 
 “Note” shall have the meaning indicated in Recital A. 
 “Obligations” shall mean (a) all indebtedness, liabilities and obligations of the Borrower to the Lender of every kind, nature or
description under the Note, including the Borrower’s obligations on any note or notes hereafter issued in substitution or replacement thereof, and any other Security Document (as defined in the Note), (b) any and all indebtedness,
liabilities and obligations of the Borrower to the Lender of every kind, nature and description, whether direct or 

 
indirect or hereafter acquired by the Lender from any Person, absolute or contingent, regardless of how such liabilities arise or by what agreement or
instrument they may be evidenced and (c) all liabilities of the Guarantor under this Guaranty, and in all of the foregoing cases whether due or to become due, and whether now existing or hereafter arising or incurred. 
 “Person” shall mean any individual, corporation, partnership, limited partnership, limited liability company, joint venture, firm,
association, trust, unincorporated organization, government or governmental agency or political subdivision or any other entity, whether acting in an individual, fiduciary or other capacity. 
 Section 2. The Guaranty. The Guarantor hereby absolutely and unconditionally guarantees to the Lender the payment when due
(whether at a stated maturity or earlier by reason of acceleration or otherwise) and performance of the Obligations. 
 Section 3. Continuing Guaranty. This Guaranty is an absolute, unconditional and continuing guaranty of payment and performance of the Obligations, and the obligations of the Guarantor hereunder shall not be released, in whole or
in part, by any action or thing which might, but for this provision of this Guaranty, be deemed a legal or equitable discharge of a surety or guarantor, other than irrevocable payment and performance in full of the Obligations. No notice of the
Obligations to which this Guaranty may apply, or of any renewal or extension thereof need be given to the Guarantor and none of the foregoing acts shall release the Guarantor from liability hereunder. The Guarantor hereby expressly waives
(a) demand of payment, presentment, protest, notice of dishonor, nonpayment or nonperformance on any and all forms of the Obligations; (b) notice of acceptance of this Guaranty and notice of any liability to which it may apply;
(c) all other notices and demands of any kind and description relating to the Obligations now or hereafter provided for by any agreement, statute, law, rule or regulation; and (d) any and all defenses of the Borrower pertaining to the
Obligations except for the defense of discharge by payment. The Guarantor shall not be exonerated with respect to the Guarantor’s liabilities under this Guaranty by any act or thing except irrevocable payment and performance of the Obligations,
it being the purpose and intent of this Guaranty that the Obligations constitute the direct and primary obligations of the Guarantor and that the covenants, agreements and all obligations of the Guarantor hereunder be absolute, unconditional and
irrevocable. The Guarantor shall be and remain liable for any deficiency remaining after foreclosure of any mortgage, deed of trust or security agreement securing all or any part of the Obligations, whether or not the liability of the Borrower or
any other Person for such deficiency is discharged pursuant to statute, judicial decision or otherwise. The acceptance of this Guaranty by the Lender is not intended and does not release any liability previously existing of any guarantor or surety
of any indebtedness of the Borrower to the Lender. 
 Section 4. Other Transactions. The Lender is expressly
authorized (a) to exchange, surrender or release with or without consideration any or all collateral and security which may at any time be placed with it by the Borrower or by any other Person, or to forward or deliver any or all such
collateral and security directly to the Borrower for collection and remittance or for credit, or to collect the same in any other manner without notice to the Guarantor and (b) to amend, modify, extend or supplement any note or other instrument

  

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evidencing the Obligations or any part thereof and any other agreement with respect to the Obligations, waive compliance by the Borrower or any other Person
with the respective terms thereof and settle or compromise any of the Obligations without notice to the Guarantor and without in any manner affecting the absolute liabilities of the Guarantor hereunder. No invalidity, irregularity or
unenforceability of all or any part of the Obligations or of any security therefor or other recourse with respect thereto shall affect, impair or be a defense to this Guaranty. The liabilities of the Guarantor hereunder shall not be affected or
impaired by any failure, delay, neglect or omission on the part of the Lender to realize upon any of the Obligations of the Borrower to the Lender, or upon any collateral or security for any or all of the Obligations, nor by the taking by the Lender
of (or the failure to take) any other guaranty or guaranties to secure the Obligations, nor by the taking by the Lender of (or the failure to take or the failure to perfect its security interest in or other lien on) collateral or security of any
kind. No act or omission of the Lender, whether or not such action or failure to act varies or increases the risk of, or affects the rights or remedies of the Guarantor shall affect or impair the obligations of the Guarantor hereunder. The Guarantor
acknowledges that this Guaranty is in effect and binding without reference to whether this Guaranty is signed by any other Person or Persons, that possession of this Guaranty by the Lender shall be conclusive evidence of due delivery hereof by the
Guarantor and that this Guaranty shall continue in full force and effect, both as to the Obligations then existing and/or thereafter created, notwithstanding the release of or extension of time to any other guarantor of the Obligations or any part
thereof. 
 Section 5. Actions Not Required. The Guarantor hereby waives any and all right to cause a marshalling
of the assets of the Borrower or any other action by any court or other governmental body with respect thereto or to cause the Lender to proceed against any security for the Obligations or any other recourse which the Lender may have with respect
thereto and further waives any and all requirements that the Lender institute any action or proceeding at law or in equity, or obtain any judgment, against the Borrower or any other Person, or with respect to any collateral security for the
Obligations, as a condition precedent to making demand on or bringing an action or obtaining and/or enforcing a judgment against, the Guarantor upon this Guaranty. The Guarantor further acknowledges that time is of the essence with respect to the
Guarantor’s obligations under this Guaranty. Any remedy or right hereby granted which shall be found to be unenforceable as to any Person or under any circumstance, for any reason, shall in no way limit or prevent the enforcement of such remedy
or right as to any other Person or circumstance, nor shall such unenforceability limit or prevent enforcement of any other remedy or right hereby granted. 
 Section 6. No Subrogation. Notwithstanding any payment or payments made by the Guarantor hereunder, the Guarantor waives all rights of subrogation to any of the rights of the Lender against the Borrower or
any other Person liable for payment of any of the Obligations or any collateral security or guaranty or right of offset held by the Lender for the payment of the Obligations, and the Guarantor waives all rights to seek any recourse to or
contribution or reimbursement from the Borrower or any other Person liable for payment of any of the Obligations in respect of payments made by the Guarantor hereunder. 
  

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 Section 7. Application of Payments. Any and all payments upon the Obligations
made by the Guarantor or by any other Person, and/or the proceeds of any or all collateral or security for any of the Obligations, may be applied by the Lender on such items of the Obligations as the Lender may elect. 
 Section 8. Recovery of Payment. If any payment received by the Lender and applied to the Obligations is subsequently set
aside, recovered, rescinded or required to be returned for any reason (including, without limitation, the bankruptcy, insolvency or reorganization of the Borrower or any other obligor), the Obligations to which such payment was applied shall for the
purposes of this Guaranty be deemed to have continued in existence, notwithstanding such application, and this Guaranty shall be enforceable as to such Obligations as fully as if such application had never been made. References in this Guaranty to
amounts “irrevocably paid” or to “irrevocable payment” refer to payments that cannot be set aside, recovered, rescinded or required to be returned for any reason. 
 Section 9. Borrower’s Financial Condition. The Guarantor is familiar with the financial condition of the Borrower, and
the Guarantor has executed and delivered this Guaranty based on the Guarantor’s own judgment and not in reliance upon any statement or representation of the Lender. The Lender shall have no obligation to provide the Guarantor with any advice
whatsoever or to inform the Guarantor at any time of the Lender’s actions, evaluations or conclusions on the financial condition or any other matter concerning the Borrower. 
 Section 10. Remedies. All remedies afforded to the Lender by reason of this Guaranty are separate and cumulative remedies and
it is agreed that no one of such remedies, whether or not exercised by the Lender, shall be deemed to be in exclusion of any of the other remedies available to the Lender and no one of such remedies shall in any way limit or prejudice any other
legal or equitable remedy which the Lender may have hereunder and with respect to the Obligations. Mere delay or failure to act shall not preclude the exercise or enforcement of any rights and remedies available to the Lender. 
 Section 11. Bankruptcy of the Borrower. The Guarantor expressly agrees that the liabilities and obligations of the Guarantor
under this Guaranty shall not in any way be impaired or otherwise affected by the institution by or against the Borrower or any other Person of any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or any other similar
proceedings for relief under any bankruptcy law or similar law for the relief of debtors and that any discharge of any of the Obligations pursuant to any such bankruptcy or similar law or other law shall not diminish, discharge or otherwise affect
in any way the obligations of the Guarantor under this Guaranty, and that upon the institution of any of the above actions, such obligations shall be enforceable against the Guarantor. 
 Section 12. Costs and Expenses. The Guarantor will pay or reimburse the Lender on demand for all out-of-pocket expenses
(including in each case all reasonable fees and expenses of counsel) incurred by the Lender arising out of or in connection with the enforcement of this Guaranty against the Guarantor or arising out of or in connection with 

  

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any failure of the Guarantor to fully and timely perform the obligations of the Guarantor hereunder. 
 Section 13. Waivers and Amendments. This Guaranty can be waived, modified, amended, terminated or discharged only explicitly
in a writing signed by the Lender. A waiver so signed shall be effective only in the specific instance and for the specific purpose given. 
 Section 14. Notices. Any notice or other communication to any party in connection with this Guaranty shall be in writing and shall be sent by manual delivery, telegram, telex, facsimile transmission,
overnight courier or United States mail (postage prepaid) addressed to such party at the address specified on the signature page hereof, or at such other address as such party shall have specified to the other party hereto in writing. All periods of
notice shall be measured from the date of delivery thereof if manually delivered, from the date of sending thereof if sent by telegram, telex or facsimile transmission, from the first business day after the date of sending if sent by overnight
courier, or from four days after the date of mailing if mailed. 
 Section 15. Guarantor Acknowledgements. The
Guarantor hereby acknowledges that (a) counsel has advised the Guarantor in the negotiation, execution and delivery of this Guaranty, (b) the Lender has no fiduciary relationship to the Guarantor the relationship being solely that of
debtor and creditor, and (c) no joint venture exists between the Guarantor and the Lender. 
 Section 16.
Representations and Warranties. The Guarantor hereby represents and warrants to the Lender that it is a corporation organized, validly existing and in good standing under the laws of the State of Delaware and has the power and authority and
the legal right to own and operate its properties and to conduct the business in which it is currently engaged. The Guarantor further represents and warrants to the Lender that: 
 16(a) It has the power and authority and the legal right to execute and deliver, and to perform its obligations under, this Guaranty and
has taken all necessary action required by its form of organization to authorize such execution, delivery and performance. 
 16(b) This Guaranty constitutes its legal, valid and binding obligation enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws
affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law). 
 16(c) The execution, delivery and performance of this Guaranty will not (i) violate any provision of any law, statute, rule or
regulation or any order, writ, judgment, injunction, decree, determination or award of any court, governmental agency or arbitrator presently in effect having applicability to it, (ii) violate or contravene any provision of its organizational
documents, or (iii) result in a breach of or constitute a default under any indenture, loan or credit agreement or any other agreement, lease or 

  

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instrument to which it is a party or by which it or any of its properties may be bound or result in the creation of any lien thereunder. It is not in default
under or in violation of any such law, statute, rule or regulation, order, writ, judgment, injunction, decree, determination or award or any such indenture, loan or credit agreement or other agreement, lease or instrument in any case in which the
consequences of such default or violation could have a material adverse effect on its business, operations, properties, assets or condition (financial or otherwise). 
 16(d) No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by,
any governmental or public body or authority is required on its part to authorize, or is required in connection with the execution, delivery and performance of, or the legality, validity, binding effect or enforceability of, this Guaranty.

 16(e) There are no actions, suits or proceedings pending or, to its knowledge, threatened against or affecting it or any of
its properties before any court or arbitrator, or any governmental department, board, agency or other instrumentality which, if determined adversely to it, would have a material adverse effect on its business, operations, property or condition
(financial or otherwise) or on its ability to perform its obligations hereunder. 
 16(f) It expects to derive benefits from
the transactions resulting in the creation of the Obligations. The Lender may rely conclusively on the continuing warranty, hereby made, that it continues to be benefited by the Lender’s extension of credit accommodations to the Borrower and
the Lender shall have no duty to inquire into or confirm the receipt of any such benefits, and this Guaranty shall be effective and enforceable by the Lender without regard to the receipt, nature or value of any such benefits. 
 Section 17. Continuing Guaranty. This Guaranty shall (a) remain in full force and effect until irrevocable payment in
full of the Obligations and the expiration of the obligations, if any, of the Lender to extend credit accommodations to the Borrower, (b) be binding upon the Guarantor, its successors and assigns and (c) inure to the benefit of, and be
enforceable by, the Lender and its successors, transferees, and assigns. 
 Section 18. Reaffirmation. The
Guarantor agrees that when so requested by the Lender from time to time it will promptly execute and deliver to the Lender a written reaffirmation of this Guaranty in such form as the Lender may require. 
 Section 19. Revocation. Notwithstanding any other provision hereof, the Guarantor may revoke this Guaranty prospectively as to
future transactions by written notice to that effect actually received by the Lender. No such revocation shall release, impair or affect in any manner any liability hereunder with respect to Obligations created, contracted, assumed or incurred prior
to receipt by the Lender of written notice of revocation, or Obligations created, contracted, assumed or incurred after receipt of such notice pursuant to any contract entered into by the Lender prior to receipt of such notice, or any renewals or
extensions 

  

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thereof, theretofore or thereafter made, or any interest accrued or accruing on such Obligations, or all other costs, expenses and attorneys’ fees
arising from such Obligations. 
 Section 20. Governing Law and Construction. THE VALIDITY, CONSTRUCTION AND
ENFORCEABILITY OF THIS GUARANTY SHALL BE GOVERNED BY THE LAWS OF THE STATE OF MINNESOTA, WITHOUT GIVING EFFECT TO CONFLICT OF LAWS PRINCIPLES THEREOF, BUT GIVING EFFECT TO FEDERAL LAWS OF THE UNITED STATES APPLICABLE TO NATIONAL BANKS. Whenever
possible, each provision of this Guaranty and any other statement, instrument or transaction contemplated hereby or relating hereto shall be interpreted in such manner as to be effective and valid under such applicable law, but, if any provision of
this Guaranty or any other statement, instrument or transaction contemplated hereby or relating hereto shall be held to be prohibited or invalid under such applicable law, such provision shall be ineffective only to the extent of such prohibition or
invalidity, without invalidating the remainder of such provision or the remaining provisions of this Guaranty or any other statement, instrument or transaction contemplated hereby or relating hereto. 
 Section 21. Consent to Jurisdiction. AT THE OPTION OF THE LENDER, THIS GUARANTY MAY BE ENFORCED IN ANY FEDERAL COURT
OR MINNESOTA STATE COURT SITTING IN MINNEAPOLIS, MINNESOTA; AND THE GUARANTOR CONSENTS TO THE JURISDICTION AND VENUE OF ANY SUCH COURT AND WAIVES ANY ARGUMENT THAT VENUE IN SUCH FORUMS IS NOT CONVENIENT. IN THE EVENT THE GUARANTOR COMMENCES ANY
ACTION IN ANOTHER JURISDICTION OR VENUE UNDER ANY TORT OR CONTRACT THEORY ARISING DIRECTLY OR INDIRECTLY FROM THE RELATIONSHIP CREATED BY THIS GUARANTY, THE LENDER AT ITS OPTION SHALL BE ENTITLED TO HAVE THE CASE TRANSFERRED TO ONE OF THE
JURISDICTIONS AND VENUES ABOVE-DESCRIBED, OR IF SUCH TRANSFER CANNOT BE ACCOMPLISHED UNDER APPLICABLE LAW, TO HAVE SUCH CASE DISMISSED WITHOUT PREJUDICE. 
 Section 22. Waiver of Jury Trial. EACH OF THE GUARANTOR AND THE LENDER, BY ITS ACCEPTANCE OF THIS GUARANTY,
IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 Section 23. Counterparts. This Guaranty may be executed in any number of counterparts, each of which when so executed and
delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 
 Section 24. General. All representations and warranties contained in this Guaranty or in any other agreement between the Guarantor and the Lender shall survive the execution, delivery and performance of this Guaranty and the
creation and payment of the Obligations. 

  

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Captions in this Guaranty are for reference and convenience only and shall not affect the interpretation or meaning of any provision of this Guaranty.

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

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 IN WITNESS WHEREOF, the Guarantor has executed this Guaranty as of the date first above written.

  

			
	GUARANTOR:
	
	QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC.
		
	By:	 	/s/ W. Brian Olson
	Name:	 	W. Brian Olson
	Title:	 	CFO

 Address for the Guarantor: 
 570 Executive Drive 
 Troy, Michigan 48083 
 Fax Number:
                                        

 Address for the Lender: 
 3033 Excelsior Boulevard

 Minneapolis, Minnesota 55416 
 Fax Number:
                                        

 [Signature Page to Guaranty (Quantum Fuel)]First Amendment to Security Agreement

 EXHIBIT 10.6 
 FIRST AMENDMENT TO SECURITY AGREEMENT 
 This FIRST AMENDMENT TO SECURITY AGREEMENT (this
“Amendment”), dated as of November 6, 2007, is made and given by each of the undersigned (collectively, the “Grantors” and individually, each a “Grantor”), in favor of WB QT, LLC, a Delaware
limited liability company, as agent for the lenders (the “Lenders”) from time to time party to the Credit Agreement defined below (in such capacity, the “Secured Party”). 
 RECITALS 
 A. Each Grantor executed in
favor of the Secured Party, for the benefit of the Lenders, the Security Agreement dated as of January 31, 2007 (the “Security Agreement”) pursuant to which each Grantor pledged and granted to the Secured Party, for the benefit
of the Lenders, a security interest in the property described therein. 
 B. The Security Agreement relates to certain indebtedness incurred
by Quantum Fuel Systems Technologies Worldwide, Inc., a Delaware corporation (the “Borrower”) pursuant to that certain Credit Agreement, dated as of January 31, 2007, among the Borrower, the Lenders, and the Secured Party, as
amended by a First Amendment to Credit Agreement dated as of September 13, 2007 and by a Second Amendment to Credit Agreement dated concurrently herewith (as so amended, the “Credit Agreement”). 
 C. Tecstar Automotive Group, Inc. (“Tecstar”) will execute a promissory note in favor of Whitebox Advisors, L.P. in the original
principal amount of $5,000,000 (the “Note”), and the Secured Party and the Grantors desire to amend the Security Agreement to secure the obligations of Tecstar under the Note. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein contained, it is agreed as follows: 
 1. Defined Terms. Capitalized terms used in this Amendment
which are defined in the Security Agreement shall have the same meanings as defined therein, unless otherwise defined herein. 
 2.
Amendment of Obligations. The definition of “Obligations” contained in Section 1(a) of the Security Agreement is hereby amended in its entirety to read as follows: 
 “Obligations” shall mean (a) all indebtedness, liabilities and obligations of each Grantor to the Secured Party or
any Lender of every kind, nature or description under the Credit Agreement, including the Borrower’s obligations on any promissory note or notes under the Credit Agreement and any note or notes hereafter issued in 

 
substitution or replacement thereof, and any other Loan Document (as defined in the Credit Agreement), (b) any and all indebtedness, liabilities and
obligations of any Grantor to the Secured Party or any Lender of every kind, nature and description under any Guaranty and any other guaranty or guaranties executed and delivered by such Grantor in favor of the Secured Party, (c) all
liabilities of each Grantor under this Agreement, and (d) solely with respect to Tecstar Automotive Group, Inc. (“Tecstar”), all indebtedness, liabilities and obligations of Tecstar to WB QT, LLC of every kind, nature or
description including without limitation under the promissory note executed by Tecstar in favor of the Secured Party dated as of November 6, 2007 in the original principal amount of $5,000,000, including Tecstar’s obligations on any
promissory note or notes issued in substitution or replacement thereof, in all of the foregoing cases whether due or to become due, and whether now existing or hereafter arising or incurred. 
 3. Effectiveness. This Amendment shall be effective as of the date first above written upon the complete execution and delivery (whether by
facsimile or otherwise) thereof. 
 4. Affirmation of Security Agreement. The Secured Party and each Grantor each acknowledge and
affirm that the Security Agreement, as amended hereby, is hereby ratified and confirmed in all respects and all terms, conditions and provisions of the Security Agreement, except as amended by this Amendment, shall remain unmodified and in full
force and effect. All references in any document or instrument to the Security Agreement are hereby amended and shall refer to the Security Agreement as amended hereby. 
 5. Successors. This Amendment shall be binding upon each Grantor, the Secured Party and their respective successors and assigns, and shall inure to the benefit of each Grantor, the Secured Party and the
successors and assigns of the Secured Party. 
 6. Counterparts. This Amendment may be executed in several counterparts as deemed
necessary or convenient, each of which, when so executed, shall be deemed an original, provided that all such counterparts shall be regarded as one and the same document, and any party to this Amendment may execute any such agreement by executing a
counterpart of such agreement. 
 7. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY THE INTERNAL LAWS OF THE STATE OF
MINNESOTA, WITHOUT GIVING EFFECT TO CONFLICT OF LAW PRINCIPLES THEREOF. 
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date
first written above. 
  

			
	WB QT, LLC, as Agent
		
	By:	 	/s/ Andrew J. Redleaf
	Name:	 	Andrew J. Redleaf
	Title:	 	Director - CEO
	
	TECSTAR AUTOMOTIVE GROUP, INC.
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC.
		
	By:	 	/s/ W. Brian Olson
	Name:	 	W. Brian Olson
	Title:	 	CFO

  

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 [Signature Page to First Amendment to Security Agreement] 

			
	CLASSIC DESIGN CONCEPTS, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	PERFORMANCE CONCEPTS, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	POWERTRAIN INTEGRATION, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	REGENCY CONVERSIONS, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary

  

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 [Signature Page to First Amendment to Security Agreement] 

			
	STARCRAFT AUTOMOTIVE GROUP, INC.
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	TECSTAR, L.P.
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	TECSTAR PARTNERS, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	TROY TOOLING, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary

  

 S-3 
 [Signature Page to First Amendment to Security Agreement] 

			
	UNIQUE PERFORMANCE CONCEPTS, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	WHEEL TO WHEEL, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary
	
	WHEEL TO WHEEL POWERTRAIN, LLC
		
	By:	 	/s/ Kenneth R. Lombardo
	Name:	 	Kenneth R. Lombardo
	Title:	 	Secretary

  

 S-4 
 [Signature Page to First Amendment to Security Agreement]

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