Document:

EX-10.11

 Exhibit 10.11 
 EMPLOYMENT AGREEMENT 
 THIS AMENDED AND RESTATED
EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into by and between Easton-Bell Sports, Inc. (the “Company”) and Jackelyn E. Werblo (the “Executive”), dated as of the 31st of January, 2012. 

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and the Executive agree as
follows: 
 1. Employment. Subject to the terms and conditions set forth in this Agreement, the Company hereby offers,
and the Executive hereby accepts, continued employment which began on or about April 1, 2005. 
 2. Term. The
initial term of the Agreement was January 1,2008 and it has and shall continue to automatically renew thereafter for successive terms of one year each, (“Evergreen”). The term of this Agreement, as from time to time renewed, is
hereafter referred to as “the term of this Agreement” or “the term hereof.” 
 3. Capacity
and Performance. 
 (a) During her employment hereunder, the Executive shall serve the Company as its Senior Vice
President-Human Resources (“SVP-HR”) reporting to the President and Chief Executive Officer of the Company (the “CEO”). 
 (b) During the term hereof, the Executive shall be employed by the Company on a full-time basis. She shall have the duties and responsibilities of Senior Vice President-Human Resources with respect to
Human Resources matters of the Company and its Immediate Affiliates, and as may be assigned by the CEO or the Board of Directors of the Company (the “Board”) or a committee thereof from time to time. 

(c) Subject to business travel as necessary or desirable for the performance of the Executive’s duties and responsibilities
hereunder, the Executive’s primary worksite shall be Irving, Texas location of the Company. 
 (d) During the term hereof,
the Executive shall devote his full business time and best efforts, business judgment, skill and knowledge exclusively to the advancement of the business and interests of the Company and its Immediate Affiliates and to the discharge of his duties
and responsibilities hereunder. During the term of this Agreement, the Executive may engage in passive management of his personal investments and in such community and charitable activities as do not individually or in the aggregate give rise to a
conflict of interest or otherwise interfere with his performance of his duties and responsibilities hereunder. It is agreed that the Executive shall not accept membership on a board of directors or other governing board of any Person (as defined in
Section 13 hereof) without the prior approval of the Board or its authorized representative. It also is agreed that if the Board subsequently determines, and gives notice to the Executive, that any such membership, previously approved,
is materially inconsistent with the Executive’s obligations under Section 7, Section 8 or Section 9 of this Agreement or gives rise to a material conflict of interest, the Executive shall cease such activity
promptly following notice from the Company. 

 4. Compensation and Benefits. As compensation for all services performed by the
Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise: 

(a) Base Salary. 
 (i) the Company shall pay the Executive a base salary at the rate of as determined by the Company, payable in accordance with the payroll practices of the Company for its executives and, subject to annual
review and to increase, but not decrease. The Executive’s base salary, as from time to time increased, is hereafter referred to as the “Base Salary.” 
 (b) Bonus Compensation. For each fiscal year completed during the term hereof, the Executive shall have the opportunity to earn an annual bonus (“Annual Bonus”) under the executive
incentive plan then applicable to the Company’s executives, as in effect from time to time, based on target objectives determined by the Board or a designated committee thereof after consultation with the CEO. Executive’s target bonus
under the Executive incentive plan shall be Seventy Five (75%) of the Base Salary. The Annual Bonus may exceed target if achievement exceeds the target objectives. Any Annual Bonus due to the Executive hereunder will be payable not later than
two and one-half months following the close of the fiscal year for which the bonus was earned or as soon as administratively practicable thereafter, within the meaning of Section 409A of the Internal Revenue Code and the regulations promulgated
thereunder, each as amended (“Section 409A”). Except as otherwise provided in Section 5 hereof, the Executive must be employed on the last day of a fiscal year in order to be eligible to earn an Annual Bonus for that
fiscal year. 
 (c) Equity Participation. Pursuant to the Company’s offer of employment and periodic grants
thereafter, Executive has received “b” units. Units granted to the Executive after the date hereof shall be at the discretion of the Board of Managers of Easton Bell Sports, LLC (the “Parent”) and subject to the Easton
Bell Sports, LLC Fifth Amended and Restated Limited Liability Company Agreement as amended from time to time (the “LLC Agreement”), to the Easton Bell Sports, LLC 2006 and 2009 Equity Incentive Plan, as amended from time to time
(the “Plan”), or any subsequent equity incentive plan and to any unit certificate and/or other agreements and requirements as the Parent may adopt from time to time for those equity participants who are employees of the Company or
for all equity participants generally. 
 (d) Employee Benefit Plans. During the term hereof, the Executive shall be
entitled to participate in all “Employee Benefit Plans,” as that term is defined in Section 3(3) of ERISA, including both health and welfare plans and retirement plans, from time to time in effect for executives of the Company
generally, except to the extent any of the Employee Benefit Plans is duplicative of a benefit otherwise provided to the Executive under this Agreement. The Executive’s participation shall be subject to the terms of the applicable Employee
Benefit Plan documents and generally applicable Company policies. The Company reserves the right and Executive agrees to accept any modification or change in employee benefit plans so long as such change applies to the group of participants eligible
for the benefit plan. 

  
 2 

 (e) Car Allowance. The Company shall provide the Executive a non-accountable expense
allowance for an automobile and its expenses in the amount of Eight Hundred Dollars per month ($800); which amount shall be subject to federal, state and local income and employment taxes). 

(f) Vacations. During the term hereof, the Executive will be entitled to four (4) weeks of vacation per year, to be taken at
such times and intervals as shall be determined by the Executive, subject to the reasonable business needs of the Company and with the approval of the Board or a committee thereof. Vacation shall otherwise be governed by the policies of the Company,
as in effect from time to time. 
 (g) Directors & Officers Insurance Coverage. During the term hereof, the
Company shall provide the Executive the same coverage under any directors and officers (“D&O”) liability insurance which the Company elects to maintain as it provides to its other executives and, after the termination of her
employment hereunder, the same rights of indemnification and contribution, and the same coverage under any D&O liability insurance it elects to maintain, as its other former executives. The Company shall be under no obligation hereunder,
however, to maintain any D&O liability insurance. 
 5. Termination of Employment and Severance Benefits.
Notwithstanding the provisions of Section 2 hereof, the Executive’s employment hereunder shall terminate during the term hereof under the following circumstances: 

(a) Death. In the event of the Executive’s death during the term hereof, the Executive’s employment hereunder
shall immediately and automatically terminate. In such event, promptly following the date of termination of the Executive’s employment with the Company (hereafter, the “Date of Termination”), the Company shall pay promptly to his
estate the Final Compensation (as defined in Section 13 hereof). In addition to Final Compensation: (A) Subject to the Board’s discretion as provided in Section 4(b), the Company will pay to the Executive’s
estate an Annual Bonus for the fiscal year in which the Date of Termination occurs, determined by multiplying the Annual Bonus the Executive would have received had He continued employment through the last day of that fiscal year by a fraction, the
numerator of which is the number of days he was employed during the fiscal year, through the Date of Termination, and the denominator of which is 365 (a “Final Pro-Rated Bonus”). Such Final Pro-Rated Bonus will be (i) based on
an assumed bonus of no less than the Annual Bonus received by the Executive (if any) for the fiscal year preceding the fiscal year in which the Date of Termination occurs and (ii) payable at the time annual bonuses are paid to Company
executives generally under its executive incentive plan. (B) The Company will pay the full premium cost of health and dental plan coverage for each of the Executive’s qualified beneficiaries for thirty-six (36) months from the Date of
Termination or until the date the qualified beneficiary ceases to be eligible for coverage continuation under the federal law commonly known as “COBRA,” whichever is less; provided, however, that in order to be eligible for the
Company’s payments hereunder the qualified beneficiary must elect in a timely manner to continue coverage under the Company’s health and dental plans under COBRA. 

  
 3 

 (b) Disability. 

(i) The Company may terminate the Executive’s employment hereunder, upon notice to the
Executive, in the event that the Executive becomes disabled during her employment through any illness, injury, accident or condition of either a physical or psychological nature and, as a result, is unable to perform substantially all of her duties
and responsibilities hereunder, notwithstanding the provision of any reasonable accommodation (exclusive of the leave of absence provided hereunder), for one hundred and eighty (180) days during any period of three hundred and sixty-five
(365) consecutive calendar days. In the event of such termination, and provided that the Executive satisfies in full all of the conditions set forth in Section 5(h) hereof, then, in addition to Final Compensation, the Company shall
provide the Executive the following: (A) The Company will pay the Executive a Final Pro-Rated Bonus for the fiscal year on which the Date of Termination occurs, payable at the time annual bonuses are paid to Company executives generally under
its executive incentive plan or, if later on the sixtieth (60th) day after the Date of Termination (subject to Section 5(h) hereof). (B) The Company will pay the full premium cost of health and dental plan coverage for Executive and her
qualified beneficiaries the full period of COBRA, following the Date of Termination or, until the date the Executive and her qualified beneficiaries cease to be eligible for coverage continuation under COBRA, whichever is less; provided,
however, that in order to be eligible for the Company’s premium payments hereunder the Executive and each qualified beneficiary must elect in a timely manner to continue coverage under the Company’s health and dental plans under
COBRA. (C) If the Executive fails to satisfy the requirements to participate in the Company’s long-term disability insurance plan, the Company will continue to pay the Executive the Base Salary from the Date of Termination until the
expiration of Eighteen (18) months thereafter or, if earlier, until the date the Executive recovers sufficiently from illness or injury to resume work on a substantially full-time basis (the “Recovery Date”), with payments
commencing on the sixtieth (60th) day after the Date
of Termination (subject to Section 5(h) hereof), but with the first payment retroactive to the day immediately following the Date of Termination 
 (ii) The Board may designate another employee to act in the Executive’s place during any period of the Executive’s disability. Notwithstanding any such designation, the Executive shall continue
to receive compensation and benefits in accordance with Sections 4(a) through 4(e) of this Agreement, subject to the terms and conditions of any plans, policies, agreements and other documents to which reference is made therein
(collectively, the “Plan Documents”), while disability continues, until the Executive becomes eligible for disability income benefits under any disability plan in which He is a participant as a result of employment with the Company
or until He recovers sufficiently to resume duties and responsibilities hereunder (provided He does so within the aforesaid one hundred and eighty (180) days or such longer period as the Board in its discretion may provide) or until the
termination of her employment, whichever shall first occur. If, while employment hereunder continues, the Executive is receiving disability income benefits under any such disability plan, the Executive shall not be eligible to receive the Base
Salary, but shall continue to be eligible for payments and benefits in accordance with Sections 4(b) through 4(e) of this Agreement, subject to 

  
 4 

 
the terms and conditions of the Plan Documents, until the earlier to occur of her recovery or the termination of employment under this Agreement. Executive agrees that determination of disability
benefits is solely determined by the insurance company providing such benefits to executives and employees. 

(iii) If any question shall arise as to whether during any period the Executive is disabled through any illness, injury,
accident or condition of either a physical or psychological nature so as to be unable to perform substantially all of her duties and responsibilities hereunder, the Executive may, and at the request of the Company shall, submit to a medical
examination by a physician selected by the Company to whom the Executive or her duly appointed guardian, if any, has no reasonable objection to determine whether the Executive is so disabled and such determination shall for the purposes of this
Agreement be conclusive of the issue. If such question shall arise and the Executive shall fail to submit to such medical examination, the Company’s determination of the issue shall be binding on the Executive. 

(c) By the Company for Cause. The Company may terminate the Executive’s employment hereunder for Cause at any time upon
notice to the Executive setting forth in reasonable detail the nature of such Cause. For purposes of this Agreement, “Cause” shall be limited to: (i) Executive’s indictment, charge or conviction of, or plea of nolo
contendere to, (A) a felony or (B) any other crime involving fraud or material financial dishonesty or (C) any other crime involving moral turpitude that might be reasonably expected to, or does, materially adversely affect the
Company or any of its Affiliates, whether that effect is to economics, to reputation or otherwise; (ii) Executive’s gross negligence or willful misconduct with regard to the Company or any of its Affiliates, including but not limited to
its Immediate Affiliates, which has a material adverse impact on Company or its Affiliates, whether economic or to reputation or otherwise; (iii) Executive’s refusal or willful failure to substantially perform duties or to follow a
material lawful written directive of the CEO or the Board or its designee within the scope of the Executive’s duties hereunder which refusal or failure, in either case, remains uncured or continues after twenty (20) days’ written
notice from the Board which references the potential for a “for Cause” termination and specifies in reasonable detail the nature of the refusal or willful failure which must be cured; (iv) Executive’s theft, fraud or any material
act of financial dishonesty related to the Company or any of its Affiliates; (v) the failure by the Executive to disclose any legal impediments to her employment by the Company or breach of any of obligations to a former employer in connection
with employment by the Company (e.g., her disclosure or use of proprietary confidential information of a former employer on behalf of the Company without such former employer’s consent); provided that Executive has been provided with
written notification of the foregoing and has been given five (5) days to present any mitigating, corrective or clarifying information to the Board; (vi) the Executive’s breach or violation of those provisions of this Agreement
setting forth the Executive’s obligations with respect to confidentiality, non-competition and non-solicitation; or (vii) the Executive’s breach of any other material provision of this Agreement unless corrected by the Executive
within twenty (20) days of the Company’s written notification to the Executive of such breach. In the event of such termination, the Company shall have no obligation to the Executive under this Agreement other than provision of Final
Compensation. Any equity in the Parent held by the Executive on the Date of Termination shall be governed by the terms of the LLC Agreement, the applicable equity incentive plan and any applicable unit certification, agreements and other
requirements. 

  
 5 

 (d) By the Company other than for Cause. The Company may terminate the
Executive’s employment hereunder other than for Cause at any time upon notice to the Executive. In the event of such termination, and provided that the Executive satisfies in full all of the conditions set forth in Section 5(h)
hereof, then, in addition to Final Compensation, the Executive, as compensation for her satisfying those conditions, shall be entitled to the following: 

(i) The Company shall pay the Executive a Final Pro-Rated Bonus for the fiscal year in which the Date
of Termination occurs, payable at the time annual bonuses are paid to Company executives generally under its executive incentive plan or, if later, on the sixtieth (60th) day after the Date of Termination (subject to Section 5(h) hereof). 

(ii) The Company shall pay the Executive compensation for the period of Eighteen (18) months
following the Date of Termination, at the rate of one-twelfth of the Base Salary per month, commencing on the sixtieth
(60th) day after the Date of Termination (subject to
Section 5(h) hereof), but with the first payment being retroactive to the day immediately following the Date of Termination. 
 (iii) The Company shall pay the full premium cost of health and dental plan coverage for Executive and his qualified beneficiaries until the earliest to occur of (A) the expiration of eighteen
(18) months following the Date of Termination, (B) the date the Executive becomes eligible for participation in health and dental plans of another employer or (C) the date the Executive ceases to be eligible for participation under
the Company’s health and dental plans under COBRA; provided, however, that, in order to be eligible for the Company’s payments hereunder, the Executive and each qualified beneficiaries must elect in a timely manner to
continue coverage under the Company’s health and dental plans under COBRA. 
 (e) By the Executive for
Good Reason. 
 (i) The Executive may terminate employment hereunder for Good Reason by providing notice to
the Company of the condition giving rise to the Good Reason no later than thirty (30) days following the occurrence of the condition, by giving the Company thirty (30) days to remedy the condition and by terminating employment for Good
Reason within thirty (30) days thereafter if the Company fails to remedy the condition. 
 (ii) For
purposes of this Agreement, “Good Reason” shall mean, without the Executive’s consent, the occurrence of any one or more of the following events: (A) a material breach of this Agreement by the Company; (B) the
material diminution of the Executive’s title from that of Senior Vice President or of any of the Executive’s significant duties, authority or responsibilities; (C) any reduction in or failure to pay the Base Salary; or (D) any
mandatory relocation of the Executive’s primary worksite to a site outside of Irving, Texas, or more than thirty five (35) miles from the current Irving, Tx office. 

  
 6 

 (iii) In the event of termination in accordance with this
Section 5(e), and provided that the Executive satisfies in full all of the conditions set forth in Section 5(h) hereof, then, in addition to Final Compensation, the Company shall provide the Executive the same bonus,
compensation, premium payments would have received under clauses (i), (ii), (iii), and (iv) of Section 5(d) had her employment been terminated by the Company other than for Cause. 

(f) By the Executive Other than for Good Reason. The Executive may terminate employment hereunder at any time upon sixty
(60) days’ notice to the Company. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company
will pay the Executive Base Salary for the initial sixty (60) days of the notice period (or for any remaining portion thereof). The Company’s only other obligation to the Executive hereunder shall be for Final Compensation, if any. Any
equity in the Parent held by the Executive on the Date of Termination shall be governed by the terms of the LLC Agreement, the applicable equity incentive plan and any applicable unit certification, agreements and other requirements. 

(g) Termination Following a Change of Control. In the event that there occurs a Change of Control, as defined in
Section 13(b) below, and during the period commencing on the day immediately following the occurrence of a Change of Control and ending twenty-four (24) months thereafter the Company terminates the Executive’s employment
hereunder other than for Cause in accordance with Section 5(d) or the Executive terminates her employment hereunder for Good Reason in accordance with Section 5(e) and provided that the Executive satisfies in full all of the
conditions set forth in Section 5(h) hereof, then, in addition to Final Compensation, the Executive, in lieu of any payment for which He would have been eligible under Section 5(d) or Section 5(e) hereof, will be
eligible for (A) a single lump sum payment equal to Eighteen months of Base Salary, without offset for other earnings; (B) a Final Pro-Rated Bonus for the fiscal year in which the Date of Termination occurs, payable at the time bonuses are
paid generally; (C) health and dental plan premium payments (or, as applicable, reimbursements) on the same terms and conditions applicable in the event of a termination other than for Cause or for Good Reason prior to a Change of Control; and
(D) Office Stipend subject to the following conditions Conditions:. The Executive’s eligibility to receive and retain any “Post-Employment Compensation” (meaning any and all compensation, of any kind, provided in
accordance with the applicable provision of Section 5 of this Agreement in connection with or following termination of employment, exclusive of Final Compensation) is subject to full satisfaction of all of the following as well as
(A) the covenant of confidentiality set forth in Section 7 below and (B) the assignment of rights to Intellectual Property (as hereafter defined) set forth in Section 8 below, but with the express understanding and
agreement of the parties that the Executive is free to elect not to comply with clause (i) below and is free not to forbear from competition or solicitation as set forth in clauses (ii), (iii) and
(iv) immediately below, but that her right to any Post-Employment Compensation under this Agreement is expressly conditioned on compliance with said clause (i) and the forbearance required under all of said clauses
(ii), (iii) and (iv), as well as her full satisfaction of her obligations under the covenant of confidentiality and assignment of rights to Intellectual Property (which obligations are not optional and shall survive any
termination, howsoever occurring). The conditions to receipt of Post-Employment Compensation are as follows: 

  
 7 

 (i) The Executive’s execution and return, to the person designated by
the Company to receive notices on its behalf in accordance with Section 18 hereof, of a timely and effective release of claims in the form attached hereto and marked Exhibit A (“Release of Claims”), within the time
period specified therein. The Release of Claims creates legally binding obligations and the Company therefore advises the Executive to consult an attorney before signing it. Notwithstanding any other provision of this Agreement, (A) the Company
shall not be required to make any payment of Post-Employment Compensation unless and until a Release of Claims has been executed by such holder and delivered to the Company, and the Release of Claims has become irrevocable, all within sixty
(60) days following the Date of Termination; and (B) without limiting the generality of the foregoing, the Company shall not be or become obligated to make any such payment unless a Release of Claims is so executed and delivered and the
Release of Claims has become irrevocable before the expiration of such 60-day period. The foregoing provisions relating to a Release of Claims and any other provisions herein relating to a Release of Claims are not in limitation of any claims
provisions contained in the LLC Agreement and the provisions of the LLC Agreement relating to releases shall apply in accordance with their terms. 
 (ii) Forbearance by the Executive for Eighteen (18) months following the Date of Termination from competition with the business of the Company and its Immediate Affiliates anywhere in the world where
the Company or any of those Immediate Affiliates is doing business, whether as owner, partner, investor, consultant, agent, employee, co-venturer or otherwise. Specifically, but without limiting the foregoing, in order to satisfy this condition, the
Executive must forbear from engaging in any activity that is competitive, or is in preparation to engage in competition, with the business of the Company and its Immediate Affiliates and further the Executive must forbear from working or providing
services, in any capacity, whether as an employee, independent contractor or otherwise, whether with or without compensation, for or to any person or entity engaged in the business of the Company and its Immediate Affiliates. The business of the
Company and its Affiliates is sporting hard goods. For illustrative purposes only, competitors of the Company and its Immediate Affiliates on the date of this Agreement include Amer Sports Corporation and Jarden Corporation and their respective
subsidiaries. The foregoing condition, however, shall not fail to be met solely due to the Executive’s passive ownership of less than 3% of the equity securities of any publicly traded company. 

(iii) Forbearance by the Executive for Eighteen (18) months following the Date of Termination from any direct or
indirect solicitation or encouragement of any of the Customers of the Company or any of its Immediate Affiliates to terminate or diminish their relationship with the Company or any of its Immediate Affiliates and from any direct or indirect
solicitation or encouragement of any of the Customers or Prospective Customers of the Company or any of its Immediate Affiliates to conduct with herself or any other Person (as defined in Section 13 hereof) any business or activity which
such Customer or Prospective Customer conducts or could conduct with the 

  
 8 

 
Company or any of its Immediate Affiliates. For purposes of this Section 5(h), a Customer is a person or entity which was such at any time during the eighteen (18) months prior
to the Date of Termination and a Potential Customer is a Person contacted by the Company or any of its Immediate Affiliates to become such at any time within eighteen (18) months prior to the Date of Termination other than by general
advertisement, provided, in each case that the Executive had contact with such Customer or Potential Customer through her employment or her other associations with the Company or any of its Immediate Affiliates or had access to Confidential
Information that would assist in her solicitation of such Customer or Potential Customer in competition with the Company or any of its Immediate Affiliates. 
 (iv) Forbearance by the Executive for Eighteen (18) months following the Date of Termination from directly or indirectly hiring or otherwise engaging the services of any employee, independent
contractor or other agent providing services to the Company or any of its Immediate Affiliates and from soliciting any such employee, independent contractor or agent to terminate or diminish his/her/its relationship with the Company or any of its
Immediate Affiliates. For purposes of this Section 5(h), an employee, independent contractor or agent means any Person who was performing services for the Company or any of its Immediate Affiliates in such capacity at any time during the
twelve (12) months immediately preceding the Date of Termination. 
 (h) Timing of Payments. Notwithstanding
anything to the contrary in this Agreement, if at the time of the Executive’s separation from service the Executive is a “specified employee,” as hereinafter defined, no payment shall be made to the Executive before the date which is
six (6) months after He separates from service (within the meaning of Section 409A), except to the extent of amounts that do not constitute a deferral of compensation within the meaning of Treasury Regulations 1.409A-1(b) (including
without limitation by reason of the safe harbor set forth in 1.409A-1(b)(9)(iii)), benefits which qualify as excepted welfare benefits pursuant to Section 409A, or other amounts or benefits that are not subject to the requirements of
Section 409A. For purposes of this Section, “separation from service” shall be determined in a manner consistent with subsection (a)(2)(A)(i) of Section 409A and the term “specified employee” shall mean an
individual determined by the Company to be a specified employee as defined in subsection (a)(2)(B)(i) of Section 409A. 

6. Effect of Termination. The provisions of this Section 6 shall apply to any termination of the Executive’s employment under
this Agreement, whether pursuant to Section 5 or otherwise. 
 (a) Provision by the Company of Final Compensation, if any,
to which the Executive is entitled and Post-Employment Compensation, if any, which the Executive earns under the applicable termination provision of Section 5 shall constitute the entire obligation of the Company to the Executive
hereunder following termination of her employment by the Company. The Executive shall promptly give the Company notice of all facts necessary for the Company to determine the amount and duration of its obligations in connection with any termination
pursuant to Section 5 hereof. 

  
 9 

 (b) Except for health and dental plan participation continued in accordance with COBRA, the
Executive’s participation in Employee Benefit Plans shall terminate pursuant to the terms of the applicable Plan Documents based on the Date of Termination without regard to any Post-Employment Compensation earned by the Executive following the
Date of Termination. 
 (c) Provisions of this Agreement shall survive any termination if so provided herein or if necessary or
desirable to accomplish the purposes of other surviving provisions, including without limitation the conditions to receipt of Post-Employment Compensation set forth in Section 5(h) and the obligations of the Executive under Sections
7 and 8 hereof. The Executive recognizes that, except as expressly provided in Section 5(d) and 5(e) with respect to Post-Employment Compensation earned in accordance with Section 5(h), or as expressly
provided in Section 5(f) with respect to Base Salary for any notice period waived, no compensation is earned after termination of employment. 
 7. Confidential Information. 
 (a) The Executive acknowledges that the
Company and its Affiliates continually develop Confidential Information (as defined in Section 13 hereof); that the Executive may develop Confidential Information for the Company or its Affiliates; and that the Executive may learn of
Confidential Information during the course of employment. The Executive will comply with the policies and procedures of the Company and its Affiliates for protecting Confidential Information and shall not disclose to any Person or use, other than as
required by applicable law or for the proper performance of her duties and responsibilities to the Company and its Affiliates, any Confidential Information obtained by the Executive incident to her employment or other association with the Company or
any of its Affiliates. The Executive understands that this restriction shall continue to apply after her employment terminates, regardless of the reason for such termination. 
 (b) All documents, records, tapes and other media of every kind and description relating to the business, present or otherwise, of the Company or any of its Affiliates and any copies, in whole or in part,
thereof (the “Documents”), whether or not prepared by the Executive, shall be the sole and exclusive property of the Company and its Affiliates. The Executive shall safeguard all Documents and shall surrender to the Company at the
time her employment terminates, or at such earlier time or times as the CEO or the Board or its designee may specify, all Documents and all other property of the Company and its Affiliates then in the Executive’s possession or control.

 8. Assignment of Rights to Intellectual Property. The Executive shall promptly and fully disclose all Intellectual
Property (as defined in Section 13 hereof) to the Company. The Executive hereby assigns and agrees to assign to the Company (or as otherwise directed by the Company) the Executive’s full right, title and interest in and to all
Intellectual Property. The Executive agrees to execute any and all applications for domestic and foreign patents, copyrights or other proprietary rights and to do such other acts (including without limitation the execution and delivery of
instruments of further assurance or confirmation) requested by the Company to assign the Intellectual Property to the Company and to permit the Company to enforce any patents, copyrights or other proprietary rights to the Intellectual Property. The
Executive will not 

  
 10 

 
charge the Company for time spent in complying with these obligations. The Executive acknowledges her understanding that any provision of this Agreement requiring her to assign rights to
Intellectual Property does not apply to any invention that qualifies under California Labor Code §2870, which was reproduced in Exhibit B to the Original Agreement (“Written Notification to the Employee”), attached
hereto, which the Executive here acknowledges that He has received. All copyrightable works that the Executive creates during the course of her employment by the Company and which pertain to the business of the Company or any of its Affiliates or
are suggested by any work performed by the Executive for the Company or any of its Affiliates or make use of Confidential Information shall be considered “work made for hire” and, upon creation, shall be owned exclusively by the Company or
its applicable Affiliate. Further, the Executive hereby waives, expressly and irrevocably, any and all moral rights He may have as an author, whether arising under the copyright laws of the United States or any other jurisdiction or at common law or
otherwise, with respect to any copyrighted works prepared by the Executive in the course of her employment, including without limitation the right to attribution of authorship, the right to restrain any distortion, mutilation or other modification
of any such work and the right to prohibit any use of any such work in association with a product, service, cause or institution that might be prejudicial to the Company’s reputation. 

9. Restricted Activities. The Executive agrees that certain restrictions on activities during employment are necessary to protect
the goodwill, Confidential Information and other legitimate interests of the Company and its Affiliates: 
 (a) While the
Executive is employed by the Company, the Executive shall not, directly or indirectly, whether as owner, partner, investor, consultant, agent, employee, co-venturer or otherwise, compete with the Company or any of its Affiliates anywhere in the
world or undertake any planning for competition with the Company or any of its Affiliates. Specifically, but without limiting the foregoing, the Executive agrees not to engage in any manner in any activity that is directly or indirectly competitive
or potentially competitive with the business of the Company or any of its Affiliates as conducted or under consideration at any time during the Executive’s employment or to provide services in any capacity to a Person which is a competitor of
the Company or any of its Affiliates. 
 (b) The Executive agrees that, while employed by the Company, and excluding any
activities undertaken on behalf of the Company or any of its Affiliates in the course of her duties, He will not hire or attempt to hire any employee of the Company or any of its Affiliates; assist in such hiring by any Person; encourage any such
employee to terminate her or her relationship with the Company or any of its Affiliates; or solicit or encourage any customer of the Company or any of its Affiliates to terminate or diminish its relationship with them; or solicit or encourage any
customer or potential customer of the Company or any of its Affiliates to conduct with any Person any business or activity which such customer or potential customer conducts or could conduct with the Company or any of its Affiliates. 

(c) The Executive agrees that during employment by the Company He shall not publish any work that disparages the Company or any of its
Affiliates, their management or their business or the Products. 

  
 11 

 10. Enforcement of Covenants. The Executive acknowledges that He has carefully read
and considered all the terms and conditions of this Agreement, including the restraints imposed upon her pursuant to Sections 7, 8 and 9 hereof. The Executive agrees that those restraints are necessary for the reasonable and
proper protection of the Company and its Affiliates and that each and every one of the restraints is reasonable in respect to subject matter, length of time and geographic area. The Executive further acknowledges that, were He to breach any of the
covenants contained in Section 7, 8 or 9 hereof, the damage to the Company and its Affiliates would be irreparable. The Executive therefore agrees that the Company, in addition to any other remedies available to it, shall
be entitled to preliminary and permanent injunctive relief against any breach or threatened breach by the Executive of any of said covenants, without having to post bond. The parties further agree that, in the event that any provision of
Section 7, 8 or 9 hereof shall be determined by any court of competent jurisdiction to be unenforceable by reason of its being extended over too great a time, too large a geographic area or too great a range of activities,
such provision shall be deemed to be modified to permit its enforcement to the maximum extent permitted by law. 
 11.
Conflicting Agreements. The Executive hereby represents and warrants that the execution of this Agreement and the performance of her obligations hereunder will not breach or be in conflict with any other agreement to which the Executive is a
party or is bound and that the Executive is not now subject to any covenants against competition or similar covenants or any court order or other legal obligation that would affect the performance of her obligations hereunder. The Executive will not
disclose to or use on behalf of the Company any proprietary information of her former employer or any other Person without such Person’s consent. 
 12. Indemnification. The Company shall indemnify the Executive to the fullest extent permitted by applicable law. Executive’s right to indemnification shall include the right to be paid by the
Company the expenses incurred in defending any covered proceeding in advance of its final disposition, provided that Executive shall repay any advanced amounts if it shall be ultimately determined that the Executive is not entitled to be
indemnified for such expenses under this Agreement or otherwise (whether because of Executive’s breach of this Agreement or for Executive’s conduct constituting Cause hereunder). The Executive agrees promptly to notify the Company of any
actual or threatened claim arising out of or as a result of his mployment or offices with the Company or any of its Affiliates. 

13. Definitions. Words or phrases which are initially capitalized or are within quotation marks shall have the meanings provided
in this Section and as provided elsewhere herein. For purposes of this Agreement, the following definitions apply: 
 (a)
“Affiliates” means all persons and entities directly or indirectly controlling, controlled by or under common control with the entity specified, where control may be by management authority or equity interest. 

(b) “Change of Control” shall mean the occurrence of (i) any change in the ownership of the capital equity of the
Parent, if, immediately after giving effect thereto, (A) the Investors (as defined below) and their Affiliates will hold, directly or indirectly, less than 50% of the number of Common Units held by the Investors and their Affiliates as of the
date immediately prior to such Change of Control, or (B) any Person (as defined within this 

  
 12 

 
paragraph) other than the Investors and their Affiliates will hold, directly or indirectly, greater than 50% of the number of outstanding Common Units of the Parent; or (ii) any sale or
other disposition of all or substantially all of the assets of the Parent (including, without limitation, by way of a merger or consolidation or through the sale of all or substantially all of the stock or membership interests of its subsidiaries or
sale of all or substantially all of the assets of the Parent and its direct and indirect subsidiaries, taken as a whole) to another Person (the “Change of Control Transferee”) if, immediately after giving effect thereto, any Person
(or group of Persons acting in concert) other than the Investors and their Affiliates will have the power to elect a majority of the members of the board of managers or board of directors (or other similar governing body) of the Change of Control
Transferee. For purposes of this Section 13(b): A “Person” shall have the meaning ascribed to that term in section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934 and “Investors” shall
mean all Unit-holders of the Parent as of the date of this Agreement, including without limitation Fenway Partners, Inc., American Capital Strategies Ltd., Antares Capital Corporation, Bell Sports Holdings, LLC, Bell Sports 2001, LLC, Bell Sports
2001 Coinvestors, LLC and Bell Sports 2001 Investments, LLC. 
 (c) “Confidential Information” shall mean any
and all information of the Company and its Affiliates that is not generally known by those with whom the Company or any of its Affiliates competes or does business, or with whom the Company or any of its Affiliates plans to compete or do business,
including without limitation (i) information related to the Products, technical data, methods, processes, know-how and inventions of the Company and its Affiliates, (ii) the development, research, testing, marketing and financial
activities and strategic plans of the Company and its Affiliates, (iii) the manner in which they operate, (iv) their costs and sources of supply, (v) the identity and special needs of the customers and prospective customers of the
Company and its Affiliates and (vi) the persons and entities with whom the Company and its Affiliates have business relationships and the nature and substance of those relationships. Confidential Information also includes any information that
the Company or any of its Affiliates may receive or has received from customers, subcontractors, suppliers or others, with any understanding, express or implied, that the information would not be disclosed. Confidential Information does not include
information that enters the public domain, other than through a breach by the Executive or another Person of an obligation of confidentiality to the Company or one of its Affiliates. 

(d) “Final Compensation” means (i) Base Salary earned but not paid through the Date of Termination, (ii) pay
at the final rate of the Base Salary for any vacation earned but not used through the Date of Termination, (iii) any Annual Bonus earned but unpaid for the fiscal year preceding that in which the Date of Termination occurs and (iv) any
business expenses incurred by the Executive but un-reimbursed on the Date of Termination, provided that such expenses and required substantiation and documentation are submitted prior to, or within sixty (60) days following, the Date of
Termination and that such expenses are reimbursable under Company policy. 
 (e) “Immediate Affiliates” of the
Company are its direct and indirect subsidiaries, its direct and indirect parents and their other direct and indirect subsidiaries (excluding the Company itself). 

  
 13 

 (f) “Intellectual Property” means any invention, formula, process,
discovery, development, design, innovation or improvement (whether or not patentable or registrable under copyright statutes) made, conceived, or first actually reduced to practice by the Executive solely or jointly with others, during her
employment by the Company; provided, however, that, as used in this Agreement and as provided by Section 2870 of the California Labor Code, the term “Intellectual Property” shall not apply to any invention that the
Executive develops on his own time, without using the equipment, supplies, facilities or trade secret information of the Company or any of its Immediate Affiliates to which the Executive has access as a result of her employment, unless such
invention relates at the time of conception or reduction to practice of the invention (i) to the business of the Company or such Immediate Affiliate or (ii) to the actual or demonstrably anticipated research or development of the Company
or of any Immediate Affiliates to which the Executive has access as a result of his employment or (iii) results from any work performed by the Executive for the Company. 
 (g) Other than for purposes of Section 13(b), above, “Person” means an individual, a corporation, a limited liability company, an association, a partnership, an estate, a
trust and any other entity or organization, other than the Company or any of its Affiliates. 
 (h) “Products”
means all products planned, researched, developed, tested, manufactured, sold, licensed, leased or otherwise distributed or put into use by the Company or any of its Affiliates, together with all services provided or planned by the Company or any of
its Affiliates, during the Executive’s employment. 
 (i) “He, his, She, her and hers’” are used
interchangeably and refer collectively to the Executive without reference to gender. 
 14. Withholding. Except as
otherwise provided herein, all payments made by the Company under this Agreement shall be reduced by any tax or other amounts required to be withheld by the Company under applicable law. 

15. Assignment. Neither the Company nor the Executive may make any assignment of this Agreement or any interest herein, by
operation of law or otherwise, without the prior written consent of the other; provided, however, that the Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event the Company
shall hereafter effect a corporate reorganization, consolidate with, or merge into, any Person or transfer all or substantially all of its properties or assets to any Person. This Agreement shall inure to the benefit of and be binding upon the
Company and the Executive, their respective successors, executors, administrators, heirs and permitted assigns. 
 16.
Severability. If any portion or provision of this Agreement shall to any extent be declared illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Agreement, or the application of such portion or provision
in circumstances other than those as to which it is so declared illegal or unenforceable, shall not be affected thereby, and each portion and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law.

  
 14 

 17. Waiver. No waiver of any provision hereof shall be effective unless made in
writing and signed by the waiving party. The failure of either party to require the performance of any term or obligation of this Agreement, or the waiver by either party of any breach of this Agreement, shall not prevent any subsequent enforcement
of such term or obligation or be deemed a waiver of any subsequent breach. 
 18. Notices. Any and all notices, requests,
demands and other communications provided for by this Agreement shall be in writing and shall be effective when delivered in person, consigned to a reputable national courier for next day or next business day delivery or deposited in the United
States mail, postage prepaid, registered or certified, and addressed to the Executive at his last known address on the books of the Company or, in the case of the Company, to it c/o Timothy P. Mayhew, Fenway Partners, LLC, 152 W. 57th St., 59th
Floor, New York, NY 10019 or to such other address as either party may specify by notice to the other actually received. 
 19.
Entire Agreement. This Agreement constitutes the entire agreement, and supersedes all prior agreements, whether written or oral between the Company and the Executive with respect to the Executive’s employment and all related matters.

 20. Amendment. This Agreement may be amended or modified only by a written instrument signed by the Executive and by
an expressly authorized representative of the Board. 
 21. Headings. The headings and captions in this Agreement are for
convenience only and in no way define or describe the scope or content of any provision of this Agreement. 
 22.
Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be an original and all of which together shall constitute one and the same instrument. 

23. Governing Law. This is a Texas contract, where Human Resources is based for Easton-Bell Sports and shall be construed and
enforced under and be governed in all respects by the laws of the State of Texas, without regard to the conflict of laws principles thereof, and, for the avoidance of doubt, shall include both the statutory and common law of Texas except to the
extent preempted by federal law. 
 [Remainder of page intentionally left blank. Signature page follows immediately.]

  
 15 

 IN WITNESS WHEREOF, this Agreement has been executed by the Company, by its duly authorized
representative, and by the Executive, as of the date first above written. 
  

							
		 		 	THE COMPANY:
			
		 		 	EASTON-BELL SPORTS, INC.
				
		 		 	By:	 	/s/ Paul Harrington
		 		 	Name:	 	Paul Harrington
		 		 	Title:	 	President and CEO

  

							
		 		 	THE EXECUTIVE:
			
		 		 	 /s/ Jackelyn E. Werblo

		 		 	Jackelyn E. Werblo

  
 16 

 EXHIBIT A 
 RELEASE OF CLAIMS 
 FOR AND IN CONSIDERATION OF the Post-Employment
Compensation that I am eligible to earn following the termination of my employment, as that term is defined in the amended and restated employment agreement between me and Easton-Bell Sports, Inc. (the “Company”) dated as of the
[            ] day of January 31, 2012 (the “Agreement”), which is conditioned, inter alia, on my signing this Release of Claims and to which I am not otherwise
entitled, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, I, on my own behalf and on behalf of my heirs, executors, administrators, beneficiaries, representatives and assigns, and all
others connected with or claiming through me, hereby release and forever discharge the Company and its Affiliates (as that term is defined in the Agreement) and all of their respective past, present and future officers, directors, trustees,
shareholders, employees, agents, general and limited partners, members, managers, joint venturers, representatives, successors and assigns, and all others connected with any of them (all of the foregoing, collectively, the
“Released”), both individually and in their official capacities, from any and all causes of action, rights and claims of any type or description, known or unknown, which I have had in the past, now have, or might now have, through
the date of my signing of this Release of Claims, including without limitation any causes of action, rights or claims in any way resulting from, arising out of or connected with my employment by the Company or any of its Affiliates or the
termination of that employment or pursuant to any federal, state or local law, regulation or other requirement, including without limitation Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with
Disabilities Act and the fair employment practices laws of the state or states in which I have been employed by the Company or any of its Affiliates, each as amended from time to time, (all of the foregoing, in the aggregate,
“Claims”). 
 In signing this Release of Claims, I expressly waive and relinquish all rights and benefits
afforded by Section 1542 of the Civil Code of the State of California, and do so understanding and acknowledging the significance of such specific waiver of Section 1542, which Section states as follows: 

A general release does not extend to claims which the creditor does not know or suspect to exist in her favor at the time of executing
the release, which if known by her must have materially affected her settlement with the debtor. 
 Thus, notwithstanding the
provisions of Section 1542, and for the purpose of implementing a full and complete release and discharge of the Released, I expressly acknowledge that this Release of Claims is intended to include in its effect, without limitation, all Claims
which I do not know or suspect to exist in my favor at the time of execution hereof, and that this Release of Claims contemplates the extinguishment of all such Claims. 
 Excluded from the scope of this Release of Claims is (i) any claim arising under the terms of the Agreement after the effective date of this Release of Claims (ii) any right of indemnification
by or contribution from the Company that I am entitled to, including without limitation any such right pursuant to the Articles of Incorporation or By-Laws of the Company or any of its Immediate Affiliates (as that term is defined in the Agreement),
and (iii) any right to payment under the LLC Agreement (as that term is defined in the Agreement). 

  
 17 

 In signing this Release of Claims, I acknowledge my understanding that I may not sign it
prior to the termination of my employment, but that I may consider the terms of this Release of Claims for up to twenty-one (21) days (or such longer period as the Company may specify) from the date my employment with the Company terminates,
before signing, dating and returning this Release of Claims to the Company c/o Timothy P. Mayhew, Fenway Partners, LLC, 152 W. 57th St., 59th Floor, New York, NY 10019, or to such other address as the Company may specify. I also acknowledge that I
am advised by the Company and its Affiliates to seek the advice of an attorney prior to signing this Release of Claims; that I have had sufficient time to consider this Release of Claims and to consult with an attorney, if I wish to do so, or to
consult with any other person of my choosing before signing; and that I am signing this Release of Claims voluntarily and with a full understanding of its terms. 
 I further acknowledge that, in signing this Release of Claims, I have not relied on any promises or representations, express or implied, that are not set forth expressly in the Agreement. 

I understand that I may revoke this Release of Claims at any time within seven (7) days of the date of my signing by written notice
to the Company c/o Timothy P. Mayhew, Fenway Partners, LLC, 152 W. 57th St., 59th Floor, New York, NY 10019, or to such other address as the Company may specify and that this Release of Claims will take effect only upon the expiration of such
seven-day revocation period and only if I have not timely revoked it. 
 Intending to be legally bound, I have signed this
Release of Claims as of the date written below. 
  

							
		 		 	Signature:	 	 
		 		 		 	Jackelyn E. Werblo
				
		 		 	Date Signed:	 	 

  
 18Line of Credit Agreement

 Exhibit 10.80 

A01: Line of Credit Agreement, for Line of Credit Business 

 

 Line of Credit Agreement 

Serial Number: Year 2012 BOC Credit Line #003 
 Party A:   MFLEX Chengdu Co. Ltd. 
 Business License number:
  510100400027161 
 Legal representative:   Lei Jin 
 Principal office address:   8-12 Kexin Road, Comprehensive Bonded Zone, Hi- Tech Industrial Development Zone Chengdu Sichuan China 
 Postal code:   611731 
 Deposit bank and account number:   Bank of
China Chengdu Development West Zone Sub-Branch 117162966850 
 Telephone:   028 - 62823654 

Fax:   028-87955286 
 Party
B:   Bank of China Limited Chengdu Development West Zone Sub-Branch 
 Legal representative:   Yang Zhaohui

 Principal office address:   No.7, Qingyang Road, Chengdu, Sichuan, China 

Postal code:   610000 

Telephone:   028-61506163 

Fax:   028-61506016 
 In order
to develop a friendly and reciprocal partnership, on the principle of voluntary, equality, mutual benefit and good faith, through negotiation, Party A and Party B enter into the following agreement. 

Article 1 Scope of business 
 Party B
shall grant a line of credit to Party A in accordance with this Agreement. Party A may apply to Party B for revolving use, use at its discretion or use in one lump sum of credit in accordance with this Agreement, and applicable individual agreements
for the purpose of processing short term loans, corporate account overdraft, bank draft acceptance, trade financing, letter of guarantee and undertaking capital business and other financing businesses (collectively referred to as “Individual
Financing Business”). 
 The business of trade financing under this Agreement (“Trade Financing Business”) shall include opening
international letter of credit, opening domestic letter of credit, import bill advance, shipping guarantee, packing loan, export bill purchase, discount of acceptance draft under letter of credit, buyer’s negotiation of domestic letter of
credit, seller’s negotiation of domestic letter of credit, negotiation of domestic letter of credit and other international and domestic trade financing business. 
 The business of letter of guarantee under this Agreement (“Letter of Guarantee Business”) shall include opening letter of guarantee, standby letter of credit and other international and domestic
business of letter of guarantee. 
 Article 2 Types and amount of line of credit 
 Party B agrees to grant Party A the following lines of credit: 
  

			
	Currency:	 	US$
	Amount:	 	(in letters):   US$ eleven million
		 	(in figures):  US$ 11,000,000.00

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 The types and amount of Individual Financing Business are as follows: 

 

	1.	Short-term loan: US$ 9million 

  

	2.	Trade Financing Business and Letter of Guarantee Business: US$ 1million 

  

	3.	Undertaking capital business: US$ 1million 

Article 3 Use of line of credit 
  

	1.	Within the credit period as specified under this Agreement, Party A may use the line of credit as follows within the scope for each Individual Financing Business as
provided under this Agreement: 

 Revolving use, including short-term loan, Trade Financing Business and Letter of
Guarantee Business, and undertaking capital business that are described in Article 2 under this Agreement. 
 In case Party A
needs to use the line of credit as specified under Article 2, it shall file an application with Party B in writing. Party B shall decide whether and how to use the line of credit at its discretion and inform Party A in writing. 

 

	2.	Unless otherwise provided for, the following businesses shall not occupy the line of credit: 

 

	 	1)	Export bill purchase where the letter of credit is consistent with the documents; 

 

	 	2)	Negotiation or financing based on the draft or money under the export letter of credit or domestic letter of credit accepted, honored, confirmed to pay or guaranteed to
pay by the issuing bank or confirming bank and acceptable to Party B; 

  

	 	3)	In case Party A can provide guarantee money, government bonds, deposit receipt issued by Party B or bank acceptance draft, letter of guarantee or standby letter of
credit acceptable to Party B, then the amount of credit corresponding to the guarantee will not occupy the line of credit; 

  

	 	4)	Other businesses that shall not occupy the line of credit separately agreed by the parties hereto in writing 

Although businesses described in this paragraph do not occupy the line of credit, the agreements of such businesses are still deemed as
individual agreements under this Agreement and shall be an integral part of this Agreement. Unless otherwise agreed in individual agreements of such businesses, the individual agreements shall be subject to this Agreement. 

Article 4 Agreement needs to be signed when undertaking individual credit business 
 In case Party A applies to Party A for undertaking Individual Financing Business under this Agreement, it shall submit relevant application to Party B and/or sign a corresponding contract/ agreement with
Party B (collectively referred to as “Individual Agreements”). 
 Article 5 Term of the credit 

The credit term as specified under Article 2 shall run from the effective date of this Agreement and expire on October 17 2012. 

When the credit period as specified above expires, if Party B intends to grant a further line of credit to Party A, both parties shall, through
consultations, sign a supplementary agreement in 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 
writing, specifying the new line of credit and its credit period. Such supplementary agreement shall be an integral part of this Agreement and have the same legal effect as this Agreement.
Matters not covered therein shall be governed by this Agreement. 
 The expiration of the credit period shall not affect the legal effect of
this Agreement or cause the termination of this Agreement. Both parties shall continue to undertake the Individual Financing Businesses undertaken under this Agreement before the expiration of the credit period subject to the provisions of this
Agreement and applicable Individual Agreements and perform their obligations incurred before the expiration of the credit period. 
 Article
6 Preconditions for individual credit business 
 To undertake Individual Financing Business, Party A shall meet the following conditions
upon Party B’s request: 
  

	1.	Reserve and sign related documents, bills, seals, list of related personnel and sample of signature of the company with Party A and complete related documents;

  

	2.	Establish necessary account for undertaking Individual Financing Business; 

 

	3.	Have effectively furnished guarantee as provided by this Agreement and Individual Agreements; 

 

	4.	Other preconditions for undertaking this business as provided by Individual Agreements. 

 Article 7 Guarantees 
 Both parties agree that the credit line offered by Party B to Party A
under this Agreement is based on party A’s credibility. 
 Article 8 Representations and warranties 

Party A hereby makes the following representations: 
  

	1.	Party A is a company legally registered and validly existing and has the full capacity for civil right and capacity to execute and perform this Agreement;

  

	2.	Party A executes and performs this Agreement and Individual Agreements out of its own will. It has obtained legal and valid authorization in accordance with the
requirement of its Articles of Association or other internal management documents and will not violate any other agreements, contracts or other legal documents binding on Party B by doing so. Party A has obtained or accomplished or will obtain or
accomplish all related approval, permit, filing or registration necessary for the execution and performance of this Agreement; 

  

	3.	All documents, financial statements, vouchers and other data provided to Party B by Party A under this Agreement and Individual Agreements are true, complete, accurate
and effective; 

  

	4.	The transaction background of the business that Party A applies to Party B for undertaking is true and legal and has not been used for money laundering and other
illegal purposes; 

  

	5.	Party A has not concealed any material matters that may affect the financial position and capacity to perform this Agreement of Party A from Party B.

 Party A hereby warrants that: 
  

	1.	It will submit its financial statements (including but not limited to annual reports, quarter reports and monthly reports) and other related documents to Party B
regularly or in a timely manner according to the requirements of Party B; 

  

	2.	It will accept and coordinate with Party B’s examination and supervision on its use of the line of credit and related production, operation and financial
activities; 

  

	3.	 Party A will inform Party B in a timely manner in case of any circumstances that may materially affect the financial position and capacity to perform
this Agreement of Party A , including but not limited to, any forms of division, merger, joint operation, joint venture or 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

	 	
cooperation with foreign businessman, contracted management, restructuring, reform, IPO and any other changes in the mode of operation, reduction of registered capital, transfer of significant
assets or shareholding, significant liabilities, any significant liabilities newly created upon the collateral, sealing up of the collateral, dissolution, cancellation, filing or being filed for bankruptcy or involving any significant suit or
arbitration; 

  

	4.	Party A authorizes that Party B to access to the “Tax and Invoice Control System for Enterprises” to check Party A’s relevant information during the term
of this Agreement, and Party A shall give necessary support and assistance. Party B undertakes that Party B shall not reveal the information mentioned above to any third party (Bank of China and its branches and sub-branches and excluded) expected
that the disclosure is required by laws and regulations. 

  

	5.	Party A shall guarantee that the trade which using the credit line under this Agreement shall be true and performed in compliance with relevant laws and regulations.

  

	6.	Without consent of Party B, Party A shall not mortgage or pledge its self-owned lands, real properties, equipments to external parties for financing purpose. Party B
shall provide an offer of line of credit under this Agreement, which is equivalent or better than any other bank’s offer to Party A . 

  

	7.	Party B agrees that it will deal with Party A with deposit or settlement business in further. 

 

	8.	Per quarter in average, the sales revenue of Party A shall not be less than 10million, the debt asset ratio shall not excess 60%, the net margin shall not be less than
2%, the cash flow shall be positive, and the days of turnover of receivables shall not be more than 90 days (details please refer to Party A’s financial report). If Party A fails to meet the requirement set above, Party B has the right to
terminate this Agreement unilaterally. 

 Article 9 Related parties of Party A in its group and the disclosure of related
transactions 
 The parties hereto agree that Party A is a group client as specified by Party B subject to the Guidelines. Party A shall,
subject to the provisions of Article 17 of the Guidelines, report all related transactions accounting for more than 10% of its net assets to Party B in a timely manner, including the relationship between the parties to the transaction, item, nature,
amount of the transaction or respective proportion and pricing policy (including transactions without any amount or only with negligible amount). 
 Article 10 Breach of agreement and remedies 
 Any one of the following circumstances shall
constitute or be deemed as breach of this Agreement and Individual Agreements by Party A: 
  

	1.	Party A fails to pay any sum or repay and debts to Party B according to the provisions of this Agreement and Individual Agreements; 

 

	2.	Party A fails to use the loans for the purpose as specified in this Agreement and Individual Agreements; 

 

	3.	The representations of Party A in this Agreement and Individual Agreements is false or it breaches its warranties made in this Agreement and Individual Agreements;

  

	4.	Any circumstances as specified in Article 8/Section 2/Sub-clause 3 of this Agreement that may affect Party A’s financial position or its capacity to perform the
Agreement in the view of Party B and that Party A fails to provide new guarantee according to the provisions of this Agreement; 

  

	5.	Party A terminates its operation, dissolves, is cancelled or goes bankruptcy; 

 

	6.	Party A breaches other provisions of this Agreement and Individual Agreements regarding the rights and obligations of related parties; 

Under any of the events of breach as mentioned above, Party B is entitled to take the following measures respectively or at the same time according to
actual circumstances: 
  

	1.	Request Party A to correct their breach within a fixed period of time; 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

	2.	Reduce, suspend or terminate the line of credit granted to Party A in whole or in part; 

 

	3.	Suspend or terminate in whole or in part the acceptance of Party A’s business application under this Agreement and Individual Agreements or other agreements
between Party A and Party B; to suspend or terminate in whole or in part the granting and processing any outstanding loans, trade financing and letter of guarantee; 

 

	4.	Declare immediate expiration or maturity in whole or in part of this Agreement and Individual Agreements, the principal and interests of any outstanding loans, funds of
trade financing and money advanced for the letter of guarantee and other accounts payable; 

  

	5.	Terminate or cancel this Agreement, or terminate or cancel Individual Agreements or other agreements between Party A and Party B in whole or in part;

  

	6.	Claim compensation against Party A for the direct losses arising from Party A’s breach of this Agreement; or 

 

	7.	With a prior written notice to Party A, deduct the amount from Party A’s account established in Party B to offset Party A’s debts to Party B in whole or in
part. Any immature sum in such account shall be deemed to mature ahead of schedule; in case of difference between the currency of the account and Party B’s currency of account, the amount deducted shall be converted according to the rate for
exchange settlement and sales then applicable to Party B. 

 Article 11 Reservation of rights 

The failure of either party to exercise its right under this Agreement and Individual Agreements in whole or in part, or require the performance by the
other party of its right and obligations in whole or in part, shall not constitute a waiver of such right, obligations or responsibilities by such party. 
 One party’s consent to any allowance, grace or delay to exercise the right under this Agreement and Individual Agreements by the other party shall not affect any right that should be entitled to
under this Agreement and Individual Agreements or any applicable laws and regulations and shall be deemed as its waiver of such right. 

Article 12 Alteration, modification, termination and partial invalidity 
 Through mutual agreement, the parties hereto may alter or modify this Agreement in writing. Any alterations or modifications to this Agreement shall be an integral part of this Agreement. 

Unless otherwise provided by the laws and regulations or the parties hereto, this Agreement shall not be terminated before all the rights and obligations
under this Agreement and Individual Agreements have been fulfilled. 
 Unless otherwise provided by the laws and regulations or the parties
hereto, the invalidity of any provisions of this Agreement shall not affect the legal effect of other provisions. 
 Article 13 Governing
laws and settlement of disputes 
 Unless otherwise agreed by the parties hereto, this Agreement and Individual Agreements shall be governed
by the laws of the People’s Republic of China. 
 Unless otherwise agreed by the parties hereto, after this Agreement and Individual
Agreements go into effect, all disputes arising in connection with or in the execution and performance of this Agreement and Individual Agreements shall be settled by both parties through negotiation. In case no settlement can be reached, either
party may bring a lawsuit in the People’s Court where Party B or other Bank of China entity exercising rights and obligations subject to this Agreement and Individual Agreements is domiciled. 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 During the period of the settlement of dispute, if such dispute doesn’t affect the fulfillment of
other clauses of this Agreement and Individual Agreements, such clauses shall continue to be fulfilled. 
 Article 14 Annex 

The following annexes, other annexes as commonly confirmed by the parties hereto and the Individual Agreements shall be an integral part of this Agreement
and have the same legal effect as this Agreement. If there is any conflict between this Agreement and Individual Agreements, Individual Agreements shall prevail. 
 Annex 1: Matters regarding the Opening of International Letter of Credit 
 Annex 2: Matters
regarding the Opening of Letter of Guarantee/Standby Letter of Credit 
 Article 15 Miscellaneous 

 

	1.	Without written consent of Party B, Party A shall not transfer any of its rights and obligations under this Agreement and Individual Agreements to any third party.

  

	2.	If, due to the business needs, Party B needs to entrust other Bank of China entity to perform its rights and obligations under this Agreement and Individual Agreements,
Party A will agree to it. The Bank of China entity entrusted by Party B shall have the right to exercise all rights under this Agreement and Individual Agreements and to bring lawsuits in court or submit disputes to arbitration body for arbitration
under this Agreement and Individual Agreements. 

  

	3.	Without prejudice to other provisions of this Agreement and Individual Agreements, this Agreement shall be legally binding on the parties hereto and their successors
and assignees by law. 

  

	4.	Unless otherwise agreed herein, the parties hereto specify the address provided herein is their respective mailing and contact address and promise to inform the other
party in writing in a timely manner in case of any change in their mailing and contact address. 

  

	5.	The headings and description of business contained herein are for convenience of reference only and are not to be used in the interpretation of the clauses of this
Agreement and the rights and obligations of the parties hereto. 

  

	6.	If due to the change of stipulation of laws, regulations and regulatory requirements, or the requirements of regulatory authorities, Party B fails to fulfill this
agreement or fulfill its rights and obligations in accordance with this Agreement, and Party B has the rights to terminate or change the fulfillment of this Agreement or Individual Agreements, according to the change of stipulations of laws,
regulations and regulatory requirements, or the requirements of regulatory authorities. Party B shall be exempted from the responsibilities from the termination or change of this Agreement due to the above mentioned reasons which cause Party
B’s failure to fulfill or perform in accordance with this Agreement,. 

 Article 16 Effectiveness 

This Agreement shall go into effect from the date of execution hereof by the legal representatives, principals or authorized representatives of the
parties hereto. 
 This Agreement is made in 2 copies; 1 copy to be held by the parties hereto respectively with equal legal
effect. 
  

			
	Party A: MFLEX Chengdu Co. Ltd.	 	Party B: Bank of China Limited Chengdu Development West-zone Sub-branch
		
	 Authorized Representative (signature):
  

/s/ Lei Jin

Lei Jin
	 	 Authorized Representative (signature):
  

/s/ Yang Zhaohui
 Yang Zhaohui

		
	Date: March 23, 2012	 	Date: March 23, 2012

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 Annex 1: Matters regarding the Opening of International Letter of Credit

  

	1.	If it has any difference between this attachment and the Line of Credit Agreement (hereinafter referred to “the Agreement”), the former shall be
controlling. 

  

	2.	Party A which desires to apply to Party B for opening letter of credit shall meet with all the preconditions set forth in the Agreement. 

 

	3.	Party A shall agree that Party B will handle all matters under letter of credit pursuant to the Uniform Customs and Practice for Documentary Credit made by the
International Chamber of Commerce ( ̈UCP500/ ̈UCP600, similarly hereafter), and Party A shall be responsible for all the obligations and liabilities
thereof. 

  

	4.	Opening and amendment of letter of credit: 

  

	 	I.	If Party B accepts the application of opening letter of credit from Party A, it shall open the letter of credit in accordance with the Application of Opening
International Letter of Credit which is provided by Party A, and the letter of credit opened by Party B shall be final. 

  

	 	II.	Party B shall be entitled to demand Party A to provide all relative documents or files such as commercial contract etc. However, it shall not interpreted that Party B
shall be responsible to open letter of credit in accordance with such documents or files. 

  

	 	III.	If Party A desires to amend the letter of credit, it shall provide the Application of Amending International Letter of Credit to Party B. Party A shall agree
that Party B will handle all matters in connection with amendment under the letter of credit pursuant to the Uniform Customs and Practice for Documentary Credit mentioned above, and it shall be responsible for all the obligations and
liabilities thereof. The amendment shall be binding on Party A once it has been sent out. 

  

	 	IV.	Party B shall have sole discretion on the amendment of letter of credit. It shall be entitled to refuse the application of amendment provided by Party A or offer its
suggestion on amending content. The amendment of letter of credit shall refer to amount, currency, interest rate and term etc. If Party B considers in its opinion that the amendment will increase Party A’s obligation, Party B shall be entitled
to require Party A to add more deposit, or to provide the highest amount of guarantee, or guarantees in other forms. Otherwise Party B shall be entitled to refuse Party A’s application of amendment. 

 

	 	V.	The amendment of letter of credit shall not change the other rights and obligations of Party A under the Agreement and this attachment. 

 

	 	VI.	The contents in connection with letter of credit of the Application of Opening International Letter of Credit and the Application of Amending International
Letter of Credit shall be written in English. All liabilities arising from the ambiguity due to unclear writing or semantic ambiguity shall be born by Party A. 

 

	 	VII.	Party A shall pay to Party B in time all expenses arising from opening and amending letter of credit (including bank charge which is rejected by overseas beneficiary),
and the expenses shall be calculated as per Party B’s provisions. 

  

	5.	Outward payment under letter of credit: 

  

	 	I.	Party A, on its receipt of Party B’s notice on documents’ arrival during the term of letter of credit, shall notify Party B about its treating comment on such
documents within the time set forth in such Party B’s notice, otherwise Party A shall be deemed that it won’t refuse payment on such documents and will agree Party B to make outward payment/acceptance/undertaking payment; in the event that
Party A notifies Party B that it agrees and accepts such documents within the time set forth in such Party B’s notice, and Party B agrees Party A’s treating comment on such documents, Party B may make outward payment/acceptance/undertaking
payment;. Party A shall deposit the amount to be paid in accordance with the provisions of the Application of Opening International Letter of Credit. 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 In the event that Party A notifies Party B that it agrees and accepts such documents,
while Party B does not agree Party A’s treating comment on such documents, Party B, only on the base that whether such documents are compliant or not, shall be entitled to decide solely whether to refuse outward payment or not; in the event
that Party A agrees to pay full deposit or provide other guarantee on payment, Party B shall be entitled to release its right to refuse outward payment or retain such right, as the case may be. 

 

	 	II.	In the event that Party A considers such documents have noncompliant points and requires Party B to refuse outward payment/acceptance/undertaking payment within the
time set forth in Party B’s notice on documents’ arrival, Party A shall specify all the incompliant points at a time, and provide a statement on reasons for refusing payment in duplicate which has been affixed with the preserved seal of
Party A. In regard with the noncompliant points specified by Party A on the statement on reasons for refusing payment, Party B shall be entitled to deem such points as all the noncompliant points provided by Party A on such documents. In the event
that Party B agrees all the incompliant points provided by Party A, Party B may refuse to make outward payment; in the event that Party B examines and considers that the noncompliant points provided by Party A are not brought into existence in
accordance with the international usage, or such noncompliant points are not material and can not comprise the reasons for refusing payment, Party B shall be entitled to decide to make outward payment/acceptance/undertaking payment, and make the
outward payment directly by the amount deposited by Party A for payment. Party A shall bear all the obligations and liabilities thereof. 

  

	 	III.	In the event that the amount deposited by Party A for payment is not enough and it makes Party B advance for due payment, Party A shall pay off such debt. The interest
rate and interest of the advanced money shall be referred to the provisions of relative applications. 

  

	6.	Additional commitment: 

 In order
to operate transactions under this attachment, besides the provisions of the Agreement, Party A shall make hereby additional commitment to Party B as follow: 
  

	 	I.	In the event that the import and export commercial contract is changed in connection with the letter of credit after such letter of credit has been opened, Party A
shall notify Party B immediately in writing form; 

  

	 	II.	After Party B pays advance or makes acceptance or undertakes to pay, Party B shall have the rights to handle the whole set of documents/goods under the letter of
credit, or other security interests or rights and interests in property which may be owned in accordance with any applicable laws and/or regulations. In the event that the rights to handle the whole set of documents/goods shall be owned by Party A
in accordance with the applicable laws and/or regulations or the award of court or arbitral authority with jurisdiction, Party A shall agree to transfer unconditionally such rights to Party B to the extent of the applicable laws, and recognize all
the acts or omissions on documents/goods taken by Party B. In the event that the rights to handle the whole set of documents/goods shall be owned by Party B in accordance with the applicable laws and/or regulations or the award of court or arbitral
authority with jurisdiction, Party B shall retain such rights until Party A retires documents or pays off the advances of Party B. 

 In regard with usance draft which has been accepted by Party B or the deferred payment which has been confirmed by Party B, Party A shall not require Party B in any reason to stop such payment, and to the
extent of laws release its right to apply to the People’s Court in any reason for freezing all payments under the letter of credit or submit an appeal to the People’s Court in any reason for requiring to stop such payments. 

 

	 	III.	Party B assumes no liability or responsibility for the consequences arising out of delay, loss in transit, mutilation or other errors arising in the transmission of any
messages or delivery of letters or documents, when such messages, letters or documents are transmitted or sent according to the requirements stated in the letter of credit, or when Party B may have taken the initiative in the choice of the delivery
service in the absence of such instructions in the letter of credit. 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

	7.	Other details in connection with operating the transactions under this attachment shall be referred to the provisions of The Application of Opening International
Letter of Credit and the Application of Amending International Letter of Credit. 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

 Annex 2: Matters regarding the Opening of Guarantee/ Standby Letter of Credit

  

	1.	If it has any difference between this attachment and the Line of Credit Agreement (hereinafter referred to “the Agreement”), the former shall be
controlling. 

  

	2.	Party A which desires to apply to Party B for opening letter of guarantee/standby letter of credit shall meet with all the preconditions set forth in the Agreement.

  

	3.	The opening and amending of letter of guarantee/standby letter of credit: 

  

	 	I.	If Party B accepts the application of opening letter of guarantee/standby letter of credit from Party A, it shall open the letter of guarantee/standby letter of credit
in accordance with the provisions of both parties. 

  

	 	II.	The details of the letter of guarantee/standby letter of credit which has been opened by Party B on Party A’s application shall be referred to the Application
of Opening Letter of Guarantee/Standby Letter of Credit provided by Party A, and the letter of guarantee/standby letter of credit opened by Party B shall be final. 

 

	 	III.	If Party A desires to amend the letter of guarantee/standby letter of credit, it shall provide the Application of Amending Letter of Guarantee/Standby Letter of
Credit to Party B. 

  

	 	IV.	The amendment of letter of guarantee/standby letter of credit shall refer to amount, currency, interest rate and term or other provisions which shall be added
necessarily in Party B’s opinion, Party B shall be entitled to require Party A to add more deposit, and/or require that the Application of Amending Letter of Guarantee/Standby Letter of Credit of Party A shall be approved by the counter
guarantor(if applicable)with its signature on such application, or to provide the highest amount deposit as guarantee, or in other forms as guarantee. Otherwise Party B shall be entitled to refuse Party A’s application of amendment.

  

	 	V.	The amendment of letter of guarantee/standby letter of credit shall not change the other rights and obligations of Party A under the Agreement and this attachment.

  

	4.	Party A agrees that if there is any claim arising under the letter of guarantee/standby letter of credit in the term of letter of guarantee/standby letter of credit,
after Party B examines and considers that the claiming documents of beneficiary meet with the provisions of the letter of guarantee/standby letter of credit, Party B shall be entitled to pay the claim directly with the amount deposited by Party A
for payment. With prior written notice to Party A, Party B is also entitled to deducting the deposits by Party A from the foreign currency or RMB accounts opened with Party B. 

In the event that the amount deposited by Party A for payment is not enough and it makes Party B advance for claimed payment, Party A
should reimburse Party B, and Party A shall pay the interest which will be calculated from the date which Party B advances for such claimed payment to the date which Party A pays off actually its debt, and the interest rate of the advance shall be
referred to the provisions of the Application of Opening Letter of Guarantee/Standby Letter of Credit. 
  

	5.	In order to operate transactions under this attachment, besides the provisions of the Agreement, Party A shall make hereby additional commitment to Party B as follow:

  

	 	I.	In the event that the letter of guarantee/standby letter of credit is opened or transmitted though other bank, Party A shall agree to undertake all the risks arising
from that Party B opens or transmits again the aforesaid letter of guarantee/standby letter of credit to such other bank.; 

  

	 	II.	In the event that there is any execution, amendment, change or termination etc. of basic contract and basic transaction on which the letter of guarantee/standby letter
of credit bases and such condition mentioned above will impact on the guarantee liability of Party B, Party A shall notify Party B immediately; 

  

	 	III.	Party A shall cooperate with Party B to handle the relative procedures about fulfilling agreement under outward guarantee. 

 A01: Line of Credit Agreement, for Line of Credit Business 

 

	 	IV.	Party B assumes no liability or responsibility for the consequences arising out of delay, loss in transit, mutilation or other errors arising in the transmission of any
messages or delivery of letters or documents, when such messages, letters or documents are transmitted or sent according to the requirements stated in the letter of credit, or when Party B may have taken the initiative in the choice of the delivery
service in the absence of such instructions in the letter of credit. 

  

	 	V.	If the letter of guarantee/standby letter of credit has not specified a date on which such letter will cease to be effective, or that it is applicable to foreign laws
or practices, or such letter has not specified the guaranteed amount etc., Party A shall agree to indemnify Party B against all risks, liabilities and losses thereof. 

 

	6.	Other details in connection with operating the transactions under this attachment shall be referred to the provisions of the Application of Opening Letter of
Guarantee/Standby Letter of Credit and the Application of Amending Letter of Guarantee/Standby Letter of Credit.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00201-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00201-of-00352.parquet"}]]