Document:

First Amendment to Registration Rights Agreement

 Exhibit 10.2 
 FIRST AMENDMENT TO 
 REGISTRATION RIGHTS AGREEMENT 
 THIS FIRST AMENDMENT TO REGISTRATION RIGHTS AGREEMENT (this “Amendment”), is made as of March 20, 2008, by and among NOBLE
INTERNATIONAL, LTD., a Delaware corporation (the “Company”), ARCELORMITTAL S.A. (formerly known as Arcelor S.A.), a corporation organized under the laws of Luxembourg (“Arcelor”), and ROBERT J.
SKANDALARIS, solely in his individual capacity as beneficial owner of Shares (“Skandalaris”). 
 Recitals

 A. The Company, Arcelor and Skandalaris are parties to that certain Registration Rights Agreement dated as of August 31, 2007
(the “Registration Rights Agreement”). 
 B. The Company and Arcelor have entered into a Securities Purchase Agreement dated
as of March 19, 2008 (the “Purchase Agreement”), pursuant to which the Company will issue and sell to Arcelor a convertible subordinated note of the Company in the original principal amount of FIFTY MILLION U.S. DOLLARS
(US$50,000,000.00) (the “Note”), which Note shall be convertible into shares of the Company’s Common Stock, par value $0.00067 per share, in accordance with the terms of the Note. 
 C. The Company, Arcelor and Skandalaris have agreed to amend the Registration Rights Agreement as set forth herein. 
 D. Execution and delivery of this Amendment is a condition to the consummation of the transactions contemplated by the Purchase Agreement. 
 Accordingly, the parties hereby agree as follows: 
 1. Amendments. The Registration Rights Agreement is hereby amended as follows: 
 (a) The definition of “Registrable
Common Stock” set forth in Section 1.1 of the Registration Rights Agreement is hereby deleted in its entirety and the following substituted in its place: 
 “Registrable Securities” means, (i) with respect to either Stockholder, any shares of Common Stock owned by such Stockholder as of August 31, 2007 and any shares of Common Stock acquired by
such Stockholder or any of its Affiliates after August 31, 2007 if such Stockholder or Affiliate is an Affiliate of the Company on the date of such acquisition, and (ii) with respect to Arcelor, the Note and any shares of Common Stock
issuable upon conversion of the Note; provided that such securities will cease to be Registrable Securities upon the earliest to occur of the time that (a) such securities have been sold under a registration statement effected pursuant hereto
or pursuant to Rule 144 promulgated under the Securities Act; (b) such securities, along with all of the other 

 
securities held by such Stockholder, may immediately be sold under Rule 144 in a given 90 day period and such Stockholder owns less than 1% of the
outstanding Common Stock; (c) such securities are eligible for sale either under Rule 144(b)(1) or without regard to the volume limitations contained in Rule 144(e); or (d) such securities are proposed to be sold or distributed by a Person
not entitled to registration rights granted by this Agreement. 
 Each other reference to the term “Registrable Common Stock” that
appears in the Registration Rights Agreement shall be deleted accordingly and the term “Registrable Securities” substituted in its place. 
 (b) Section 1.1 is hereby amended by adding the following definition to Section 1.1 immediately after the definition of the term “NASD”: 
 “Note” shall mean that certain convertible subordinated note of the Company in the original principal amount of FIFTY MILLION U.S. DOLLARS (US$50,000,000.00) dated March 20, 2008, issued pursuant to
the Securities Purchase Agreement, dated as of March 19, 2008, between the Company and Arcelor. 
 (c) Section 2.14 is hereby is hereby
deleted in its entirety and the following substituted in its place: 
 The Company’s obligations under Sections 2.1 and 2.2 hereof to
register Registrable Securities for sale under the Securities Act with respect to either Stockholder shall terminate on the first date on which no Registrable Securities are held by such Stockholder. 
 2. Miscellaneous. 
 2.1 Remainder
of Registration Rights Agreement Unmodified. Except as modified by this Amendment, the Registration Rights Agreement shall remain unmodified and in full force and effect. 
 2.2 Counterparts. This Amendment may be executed in one or more counterparts, all of which shall be considered one and the same agreement and
shall become effective when one or more counterparts have been signed by each of the parties and delivered to each other party, it being understood that all parties need not sign the same counterpart. Facsimile signatures shall, for all purposes of
this Amendment, be deemed to be originals and shall be enforceable as such. 
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 Execution 
 IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to Registration Rights Agreement as of the date first above written. 
  

			
	NOBLE INTERNATIONAL, LTD.
		
	By:	 	 /s/ Thomas L. Saeli

	Name:	 	Thomas L. Saeli
	Title:	 	CEO

  

			
	ARCELORMITTAL S.A.
		
	By:	 	 /s/ Hans Kerkhoven

	Name:	 	Hans Kerkhoven
	Title:	 	Vice President, Finance
		
	By:	 	 /s/ Jean-François Crancée

		 	Name: Jean-François Crancée
		 	Title: Vice President, Global Customers
		
		 	 /s/ Robert J. Skandalaris

		 	ROBERT J. SKANDALARIS

  

 - 3 -Agreement and Waiver

 Exhibit 10.3 
 AGREEMENT AND WAIVER 
 THIS AGREEMENT AND WAIVER (this “Agreement”) is made as of
March 20, 2008, by and among NOBLE INTERNATIONAL, LTD., a Delaware corporation (the “Company”), ARCELORMITTAL S.A. (formerly known as Arcelor S.A.), a corporation organized under the laws of Luxembourg (“Arcelor”),
and ROBERT J. SKANDALARIS, an individual residing in Bloomfield Hills, Michigan (“Skandalaris”). 
 Recitals

 The Company, Arcelor and Skandalaris are parties to that certain Standstill and Stockholder Agreement dated as of August 31, 2007
(the “Standstill and Stockholder Agreement”). 
 The Company and Arcelor have entered into a Securities Purchase Agreement
dated as of March 19, 2008 (the “Purchase Agreement”), pursuant to which the Company will issue and sell to Arcelor a subordinated convertible note of the Company in the aggregate original principal amount of FIFTY MILLION U.S.
DOLLARS (US$50,000,000.00) (the “Note”), which Note shall be convertible into shares of the Company’s Common Stock, par value $0.00067 per share, in accordance with the terms of the Note. 
 In connection with the issuance and purchase of the Note, the Company, Arcelor and Skandalaris have agreed to amend the Standstill and Stockholder
Agreement, and the Company and Skandalaris have agreed to waive certain provisions of the Standstill and Stockholder Agreement, as set forth herein. 
 Execution and delivery of this Agreement is a condition to the consummation of the transactions contemplated by the Purchase Agreement. 
 Accordingly, the parties hereby agree as follows: 
 1. Waiver. The Company and Skandalaris hereby
irrevocably waive their respective rights under Sections 2.1, 2.2 and 2.3 of the Standstill and Stockholder Agreement and any breach or violation of the Standstill and Stockholder Agreement that may occur as a result of the issuance or purchase of
the Note pursuant to the Securities Purchase Agreement or conversion of the Note. 
 2. Amendments. The Standstill and Stockholder
Agreement is hereby amended as follows: 
 The definition of “Independent Director” set forth in Section 1.1(y) of the
Standstill and Stockholder Agreement is hereby deleted in its entirety and the following substituted in its place: 
 “Independent
Director” shall have the same meaning as the definition of “independent director” set forth in Marketplace Rule 4200(a)(15) (or any successor rule thereto) of the NASDAQ Stock Market LLC. 

 (b) Section 1.1 is hereby amended by adding the following definition to Section 1.1(bb) :

 “Note Closing” shall mean the closing of the transactions contemplated by the Securities Purchase Agreement, dated as of
March 19, 2008, by and between the Company and Arcelor. 
 The definition of “Person” that appeared under Section 1.1(bb) of the Standstill
and Stockholder Agreement, and all definitions that appear thereafter, shall be re-alphabetized accordingly. 
 (c) Section 3.2(a) is
hereby deleted in its entirety and the following substituted in its place: 
 (a) Notwithstanding any other provision of this
Agreement, following the Note Closing Arcelor shall have the right to: (i) nominate a majority of the directors on the Company’s Board of Directors, subject to Skandalaris’ approval (which shall not be unreasonably withheld or
delayed); and (ii) nominate a non-Independent Director to fill any seat on the Company’s Board of Directors previously filled by a non-Independent Director, subject to Skandalaris’ approval (which shall not be unreasonably withheld or
delayed). 
 (d) Section 3.2(c) is hereby deleted in its entirety and the following substituted in its place: 
 (c) The committees of the Company’s Board of Directors shall consist of an audit committee, a compensation committee and a nominating
and governance committee (collectively, the “Independent Board Committees”), each of which shall be comprised of three Independent Directors, and an executive committee, which shall be comprised of four directors. From and after the
Note Closing, (i) a majority of the members of the nominating committee shall be Arcelor Designees, if there are any, and at least one of the members of each of the audit committee and the compensation committee shall be Arcelor Designees, if
there are any; (ii) the Skandalaris Designee, if there is one, shall be a member of each Independent Board Committee, other than the nominating and governance committee; (iii) any remaining members of an Independent Board Committee shall
be selected by a majority of all Independent Directors; (iv) Skandalaris shall be a member and the Chairman of the executive committee; (v) at least two of the members of the executive committee shall be Arcelor Designees; and
(vi) the remaining members of the executive committee, if any are needed, shall be selected by the entire Board of Directors. All nominations made by the nominating and governance committee shall require the unanimous approval of the three
members of that committee; provided that, if the members of the nominating and governance committee do not reach a unanimous decision as to any particular nominee, then such nomination shall be made by a majority of all Independent Directors.

  

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 (e) The following is hereby added as a new Section 3.2(j): 
 The Company shall utilize the “Controlled Company” exemption under NASDAQ Marketplace Rule 4350(c)(5) (or any successor rule
thereto) at any time Arcelor and its Affiliates beneficially own more than 50% of the Company’s voting securities. 
 3.
Miscellaneous. 
 3.1 Remainder of Standstill and Stockholder Agreement Unmodified. Except as modified by this Agreement, the
Standstill and Stockholder Agreement shall remain unmodified and in full force and effect. 
 3.2 Counterparts. This Agreement may be
executed in one or more counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party, it being understood
that both parties need not sign the same counterpart. Facsimile signatures shall, for all purposes of this Agreement, be deemed to be originals and shall be enforceable as such. 
 3.3 Stockholder Capacity. No Stockholder or Affiliate of the undersigned Stockholders who is, or becomes during the term of the Standstill and
Stockholder Agreement, a director of the Company, makes (or shall be deemed to have made) any agreement or understanding in this Agreement, including, without limitation, Article III, in his or her capacity as a director of the Company. 

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 Execution 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement and Waiver as of the day and year first above written. 
  

			
	NOBLE INTERNATIONAL, LTD.
		
	By:	 	 /s/ Thomas L. Saeli

	Name:	 	Thomas L. Saeli
	Title:	 	CEO
	
	ARCELORMITTAL S.A.
		
	By:	 	 /s/ Hans Kerkhoven

	Name:	 	Hans Kerkhoven
	Title:	 	Vice President, Finance
		
	By:	 	 /s/ Jean-François Crancée

	Name:	 	Jean-François Crancée
	Title:	 	Vice President, Global Customers

  

	
	 /s/ Robert J. Skandalaris

	ROBERT J. SKANDALARIS

  

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