Document:

Exhibit 10.19.4

 

THIRD AMENDMENT TO Loan
AND SECURITY AGREEMENT

AND WAIVER

 

THIS THIRD AMENDMENT
TO Loan AND SECURITY AGREEMENT AND WAIVER (this “Amendment”)
is made and entered into as of March 1, 2012, by and among INTRICON CORPORATION, a Pennsylvania corporation, INTRICON, INC. (formerly
known as Resistance Technology, Inc.), a Minnesota corporation, INTRICON TIBBETTS CORPORATION (formerly known as TI Acquisition
Corporation), a Maine corporation, and INTRICON DATRIX CORPORATION
(formerly known as Jon Barron, Inc.) (d/b/a Datrix), a California corporation (each, a “Borrower”; collectively,
the “Borrowers”), and THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (the “Bank”).

RECITALS:

A.                 
The Borrowers and the Bank are parties to a certain Loan and Security Agreement dated as of
August 13, 2009, as amended by a First Amendment dated as of March 12, 2010 and as further amended by a Second Amendment dated
as of August 12, 2011 (as so amended, the “Loan Agreement”). All capitalized terms not otherwise defined herein
shall have the meanings given to them in the Loan Agreement.

B.                 
The Borrowers have requested that the Bank (i) waive certain existing Events of Default and
(ii) amend certain provisions of the Loan Agreement, and the Bank has agreed to grant such waiver and so amend the Loan Agreement
upon the terms and subject to the conditions set forth in this Amendment.

AGREEMENTS:

NOW, THEREFORE, in
consideration of the mutual covenants and agreements hereinafter set forth, and for other good and valuable consideration, the
nature, receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

Section
1.                     
Waiver.

(a)                
Applicable Covenants. Pursuant to Section 10.1 of the Loan Agreement, the Borrowers
and their respective consolidated Subsidiaries are required to maintain consolidated EBITDA in an amount not less than $2,700,000
as of December 31, 2011 for the period of twelve (12) consecutive calendar months then-ended. Pursuant to Section 10.2 of
the Loan Agreement, the Borrowers and their respective consolidated Subsidiaries are required to maintain a Leverage Ratio of not
greater than 3.75 to 1.00 as of December 31, 2011 for the period of twelve (12) consecutive calendar months then-ended. Pursuant
to Section 10.3 of the Loan Agreement, the Borrowers and their respective consolidated Subsidiaries are required to maintain
a Fixed Charge Coverage Ratio of not less than 1.15 to 1.00 as of December 31, 2011 for the period of twelve (12) consecutive calendar
months then-ended.

(b)                
Existing Defaults. The Borrowers have informed the Bank that (i) the consolidated EBITDA
of the Borrowers and their respective consolidated Subsidiaries, as of December 31, 2011 for the period of twelve (12) consecutive
calendar months then-ended, was less than $2,700,000; (ii) the Leverage Ratio of the Borrowers and their respective consolidated
Subsidiaries, as of December 31, 2011 for the period of twelve (12) consecutive calendar months then-ended, was greater than 3.75
to 1.00; and (iii) the Fixed Charge Coverage Ratio of the Borrowers and their respective consolidated Subsidiaries, as of December
31, 2011 for the period of twelve (12) consecutive calendar months then-ended, was less than 1.15 to 1.00. Each of the foregoing
instances of non-compliance constitutes an Event of Default under Section 11.3 of the Loan Agreement (collectively, the
“Existing Defaults”).

    	 

    	 

    

 

(c)                
Waiver. The Borrowers have requested that the Bank waive the Existing Defaults, and
the Bank hereby grants such waiver upon the satisfaction by the Borrowers of all conditions precedent set forth in Section 2
below. Except as expressly provided herein, all provisions of the Loan Agreement and the other Loan Documents remain in full force
and effect. The foregoing waiver shall not apply to any other or subsequent failure to comply with the Sections identified above
or any other provision of the Loan Agreement or the other Loan Documents, and shall not give rise to any course of dealing or course
of performance with respect to any future requests.

Section
2.                     
Delivery of Documents. At or prior to the execution of this Amendment, and as a condition
precedent to the effectiveness of this Amendment, the Borrowers shall have satisfied the following conditions and delivered or
caused to be delivered to the Bank the following documents each dated such date and in form and substance satisfactory to the Bank
and duly executed by all appropriate parties:

(a)                
This Amendment, duly executed by the Borrowers.

(b)                
An Acknowledgment and Agreement Regarding Subordinated Indebtedness, in substantially the
form attached, duly executed by each holder of Subordinated Debt.

(c)                
With respect to each Borrower, a copy of the resolutions of the Board of Directors of such
Borrower authorizing the execution, delivery and performance of this Amendment certified as true and accurate by an officer of
such Borrower, along with a certificate of such officer which (i) certifies that there has been no amendment to either the Articles
of Incorporation or the Bylaws of such Borrower since true and accurate copies of the same were last delivered and certified to
the Bank, and that said Articles of Incorporation or the Bylaws remain in full force and effect as of the date of this Amendment,
(ii) identifies each officer of such Borrower authorized to execute this Amendment and any other instrument or agreement executed
by such Borrower in connection with this Amendment, and (iii) sets forth specimen signatures of each officer of such Borrower referred
to above and identifies the office or offices held by such officer.

(d)                
The Bank shall have received (i) an amendment fee in the amount of $10,000, which fee shall
be non-refundable when paid and wholly earned when received; and (ii) reimbursement for its legal fees and other expenses as described
in Section 9 hereof.

(e)                
Such other documents or instruments as the Bank may reasonably require.

Upon the effectiveness
of this Amendment, the amendments set forth in Section 3 hereof shall be deemed effective on a retroactive basis to January
31, 2012.

Section
3.                     
Amendments.

(a)                
EBITDA. The definition of “EBITDA” set forth in Section 1.1 of the
Loan Agreement is hereby amended and restated in its entirety to read as follows:

“EBITDA”
shall mean, for any period, the sum for such period of: (i) Net Income, plus (ii) Interest Charges, plus (iii) federal
and state income taxes, plus (iv) Depreciation, plus (v) non-cash management compensation expense, plus (vi)
all other non-cash charges, minus (vii) all non-cash income or gains, in each case to the extent included in determining
Net Income for such period, minus (viii) all cash payments made in such period on account of non-cash charges expensed in
a prior period, in each case determined on a consolidated basis, plus (ix)
expenses incurred by Borrowers during such period which relate directly to Borrowers’ business relationship with United Healthcare
to the extent such expenses (a) were incurred during Borrowers’ fiscal year ending December 31, 2011 and (b) do not exceed
$1,052,000 in the aggregate.

    	- 2
                                                                                                                                                                                                          -

    	 

    

 

(b)                
Financial Covenants. Sections 10.1, 10.2 and 10.3 of the Loan
Agreement are hereby amended and restated in their entireties to read as follows:

“10.1Minimum
EBITDA. As of each of the measurement dates set forth in the chart below, for the period of twelve (12) consecutive calendar
months then-ended, the Borrowers and their respective consolidated Subsidiaries shall maintain consolidated EBITDA in an amount
not less than the amount set forth opposite such date in the chart below:

	Measurement Date	Minimum EBITDA
	January 31, 2012	$2,600,000
	February 29, 2012	$2,600,000
	March 31, 2012	$2,600,000
	April 30, 2012	$2,900,000
	May 31, 2012	$3,250,000
	June 30, 2012	$3,250,000
	July 31, 2012	$3,500,000
	August 31, 2012	$3,750,000
	September 30, 2012	$3,750,000
	October 31, 2012	$4,000,000
	November 30, 2012	$4,000,000
	December 31, 2012 and the last day of each calendar month ending thereafter	$4,250,000

 

provided, however, that
if EBITDA of the Borrowers and their respective consolidated Subsidiaries for the period of twelve (12) consecutive calendar months
ending on the date of the most recent financial statements delivered to the Bank pursuant to Section 8.8 is equal to or
greater than $5,000,000, then the Borrowers shall only be required to comply with the covenant set forth in this Section 10.1
with respect to those measurements dates which correspond to quarter-end and year-end dates.

 

10.2Funded
Debt to EBITDA. As of each of the measurement dates set forth in the chart below, the Borrowers and their respective consolidated
Subsidiaries shall maintain a ratio of (a) consolidated Funded Debt as of such date minus the aggregate collected cash balance
in Deposit Accounts of the Borrowers maintained with the Bank as of such date to (b) consolidated EBITDA (the “Leverage
Ratio”) for the period of twelve (12) consecutive calendar months then-ended, of not greater than the amount set forth
opposite such measurement date in the chart below:

	Measurement Date	Maximum Leverage Ratio
	January 31, 2012	4.25 to 1.00
	February 29, 2012	4.25 to 1.00
	March 31, 2012	4.25 to 1.00
	April 30, 2012	4.00 to 1.00
	May 31, 2012	3.75 to 1.00
	June 30, 2012	3.75 to 1.00
	July 31, 2012	3.25 to 1.00
	August 31, 2012	3.00 to 1.00
	September 30, 2012	3.00 to 1.00
	October 31, 2012	3.00 to 1.00
	November 30, 2012 and the last day of each calendar month ending thereafter	2.75 to 1.00

 

    	- 3
                                                                                                                                                                                                          -

    	 

    

provided, however, that
if EBITDA of the Borrowers and their respective consolidated Subsidiaries for the period of twelve (12) consecutive calendar months
ending on the date of the most recent financial statements delivered to the Bank pursuant to Section 8.8 is equal to or
greater than $5,000,000, then the Borrowers shall only be required to comply with the covenant set forth in this Section 10.2
with respect to those measurements dates which correspond to quarter-end and year-end dates.

 

10.3Fixed
Charge Coverage. As of each of the measurement dates set forth in the chart below, for the period of twelve (12) consecutive
calendar months then-ended, the Borrowers and their respective consolidated Subsidiaries shall maintain a ratio (the “Fixed
Charge Coverage Ratio”) of (a) the total of consolidated EBITDA for such period, minus the sum of all income taxes
paid in cash by the Borrowers on a consolidated basis, minus all Capital Expenditures of the Borrowers made during such
period which are not financed with Funded Debt, minus that portion of the aggregate cash payments made by the applicable
Borrower(s) in respect of the Subject Agreements and Applicable Agreements during such period that was not deducted as an expense
in arriving at Net Income for such period, plus (or minus), to the extent not included as income or gain (or deducted
as an expense or loss) in arriving at Net Income for such period, cash received (or paid) from dividends (or capital calls) related
to IntriCon’s 50% interest in the joint venture Global Coils (in the case of capital calls, subject to any applicable restrictions
under Section 9.3) to (b) the sum for such period of (i) Interest Charges paid in cash, plus (ii) regularly
scheduled payments made (and, without duplication, payments required to be made) in respect of principal of Funded Debt (including
the Term Loan, but excluding the Revolving Loans), plus (iii) all cash dividends and distributions paid or declared in respect
of Capital Securities of the Borrowers, of not less than the amount set forth opposite such measurement date in the chart below:

	Measurement Date	Minimum Fixed Charge
Coverage Ratio
	January 31, 2012	1.10 to 1.00
	February 29, 2012	1.10 to 1.00
	March 31, 2012	1.10 to 1.00
	April 30, 2012	1.10 to 1.00
	May 31, 2012	1.10 to 1.00
	June 30, 2012	1.10 to 1.00
	July 31, 2012 and the last day of each calendar month ending thereafter	1.15 to 1.00

 

provided, however, that
if EBITDA of the Borrowers and their respective consolidated Subsidiaries for the period of twelve (12) consecutive calendar months
ending on the date of the most recent financial statements delivered to the Bank pursuant to Section 8.8 is equal to or
greater than $5,000,000, then the Borrowers shall only be required to comply with the covenant set forth in this Section 10.3
with respect to those measurements dates which correspond to quarter-end and year-end dates.”

    	- 4 -

    	 

    

 

Section
4.                     
Representations; No Default. Each Borrower represents and warrants
that: (a) such Borrower has the power and legal right and authority to enter into this Amendment and has duly authorized the execution
and delivery of this Amendment and other agreements and documents executed and delivered by such Borrower in connection herewith,
(b) neither this Amendment nor the agreements contained herein contravene or constitute an Unmatured Event of Default or Event
of Default under the Loan Agreement or a default under any other agreement, instrument or indenture to which such Borrower is a
party or a signatory, or any provision of such Borrower’s Articles of Incorporation or Bylaws or, to the best of such Borrower’s
knowledge, any other agreement or requirement of law, or result in the imposition of any lien or other encumbrance on any of its
property under any agreement binding on or applicable to such Borrower or any of its property except, if any, in favor of the Bank,
(c) no consent, approval or authorization of or registration or declaration with any party, including but not limited to any governmental
authority, is required in connection with the execution and delivery by the Borrower of this Amendment or other agreements and
documents executed and delivered by such Borrower in connection herewith or the performance of obligations of such Borrower herein
described, except for those which such Borrower has obtained or provided and as to which such Borrower has delivered certified
copies of documents evidencing each such action to the Bank, (d) no events have taken place and no circumstances exist at the date
hereof which would give such Borrower grounds to assert a defense, offset or counterclaim to the obligations of such Borrower under
the Loan Agreement or any of the other Loan Documents, (e) there are no known claims, causes of action, suits, debts, liens, obligations,
liabilities, demands, losses, costs and expenses (including attorneys’ fees) of any kind, character or nature whatsoever,
fixed or contingent, which such Borrower may have or claim to have against the Bank, which might arise out of or be connected with
any act of commission or omission of the Bank existing or occurring on or prior to the date of this Amendment, including, without
limitation, any claims, liabilities or obligations arising with respect to the indebtedness evidenced by the Notes (as defined
in the Loan Agreement), and (f) after giving effect to this Amendment, no Unmatured Event of Default or Event of Default has occurred
and is continuing under the Loan Agreement.

Section
5.                     
Affirmation; Further References. The Bank and each Borrower acknowledge and affirm
that the Loan Agreement, as hereby amended, is hereby ratified and confirmed in all respects and all terms, conditions and provisions
of the Loan Agreement (except as amended by this Amendment) and of each of the other Loan Documents shall remain unmodified and
in full force and effect. All references in any document or instrument to the Loan Agreement are hereby amended and shall refer
to the Loan Agreement as amended by this Amendment.

Section
6.                     
Merger and Integration; Superseding Effect. This Amendment, from and after the date
hereof, embodies the entire agreement and understanding between the parties hereto and supersedes and has merged into it all prior
oral and written agreements on the same subjects by and between the parties hereto with the effect that this Amendment, shall control
with respect to the specific subjects hereof and thereof.

    	- 5 -

    	 

    

 

Section
7.                     
Severability. Whenever possible, each provision of this Amendment and any other statement,
instrument or transaction contemplated hereby or thereby or relating hereto or thereto shall be interpreted in such manner as to
be effective, valid and enforceable under the applicable law of any jurisdiction, but, if any provision of this Amendment or any
other statement, instrument or transaction contemplated hereby or thereby or relating hereto or thereto shall be held to be prohibited,
invalid or unenforceable under the applicable law, such provision shall be ineffective in such jurisdiction only to the extent
of such prohibition, invalidity or unenforceability, without invalidating or rendering unenforceable the remainder of such provision
or the remaining provisions of this Amendment or any other statement, instrument or transaction contemplated hereby or thereby
or relating hereto or thereto in such jurisdiction, or affecting the effectiveness, validity or enforceability of such provision
in any other jurisdiction.

Section
8.                     
Successors. This Amendment shall be binding upon the Borrowers, the Bank and their
respective successors and assigns, and shall inure to the benefit of the Borrowers, the Bank and to the respective successors and
assigns of the Bank.

Section
9.                     
Costs and Expenses. Each Borrower agrees to reimburse the Bank, upon execution of this
Amendment, for all reasonable out-of-pocket expenses (including attorneys’ fees and legal expenses of counsel for the Bank)
incurred in connection with the Loan Agreement, including in connection with the negotiation, preparation and execution of this
Amendment and all other documents negotiated, prepared and executed in connection with this Amendment, and in enforcing the obligations
of the Borrowers under this Amendment, and to pay and save the Bank harmless from all liability for, any stamp or other taxes which
may be payable with respect to the execution or delivery of this Amendment.

Section
10.                 
Headings. The headings of various sections of this Amendment have been inserted for
reference only and shall not be deemed to be a part of this Amendment.

Section
11.                 
Counterparts; Digital Copies. This Amendment may be executed in several counterparts
as deemed necessary or convenient, each of which, when so executed, shall be deemed an original, provided that all such counterparts
shall be regarded as one and the same document, and any party to this Amendment may execute any such agreement by executing a counterpart
of such agreement. A facsimile or digital copy (pdf) of this signed Amendment shall be deemed to be an original thereof.

Section
12.                 
Release of Rights and Claims. Each Borrower, for itself and its successors and assigns,
hereby releases, acquits, and forever discharges Bank and its successors and assigns for any and all manner of actions, suits,
claims, charges, judgments, levies and executions occurring or arising from the transactions entered into with Bank prior to entering
into this Amendment whether known or unknown, liquidated or unliquidated, fixed or contingent, direct or indirect which such Borrower
may have against Bank.

Section
13.                 
Governing Law. This Amendment shall be governed by the internal laws of the State of
Minnesota, without giving effect to conflict of law principles thereof.

Section
14.                 
No Waiver. Except as expressly set forth in Section 1 hereof, nothing contained
in this Amendment (or in any other agreement or understanding between the parties) shall constitute a waiver of, or shall otherwise
diminish or impair, the Bank’s rights or remedies under the Loan Agreement or any of the other Loan Documents, or under applicable
law.

[Remainder of page intentionally blank;

signature page follows]

 

 

 

 

    	- 6 -

    	 

    

IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed as of the day and year first above written.

 

	BORROWERS:	INTRICON CORPORATION,
 a Pennsylvania corporation	 
	 	 	 	 
	 	By 	/s/ Scott Longval	 
	 	 	Scott Longval, Chief Financial Officer	 

 

 

	 	INTRICON, INC. (formerly known as Resistance
 Technology, Inc.), a Minnesota corporation	 
	 	 	 	 
	 	By 	/s/ Scott Longval	 
	 	 	Scott Longval, Chief Financial Officer	 

 

 

	 	
        INTRICON TIBBETTS CORPORATION

        (formerly known as TI Acquisition Corporation),

        a Maine corporation
	 
	 	 	 	 
	 	By 	/s/ Scott Longval	 
	 	 	Scott Longval, Chief Financial Officer	 

 

 

	 	
        INTRICON DATRIX CORPORATION

        (formerly known as Jon Barron, Inc.) (d/b/a
        Datrix),

        a California corporation
	 
	 	 	 	 
	 	By 	/s/ Scott Longval	 
	 	 	Scott Longval, Chief Financial Officer	 

 

 

	BANK:	
        THE PRIVATEBANK AND TRUST COMPANY,

        an Illinois banking corporation
	 
	 	 	 	 
	 	By 	/s/ Seth Hove	 
	 	 	Seth Hove, Associate Managing Director	 

 

 

 

[Signature
page to Third Amendment to Loan and Security Agreement and Waiver]LBY-12.31.2011-10K Ex-4.6

AMENDMENT NO. 1 TO 
AMENDED AND RESTATED CREDIT AGREEMENT

This AMENDMENT NO. 1 TO AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment") is dated as of January 14, 2011, and is entered into by and among LIBBEY GLASS INC., a Delaware corporation ("US Borrower"), LIBBEY EUROPE B.V., a limited liability company incorporated in The Netherlands ("Netherlands Borrower"; together with US Borrower, each a "Borrower" and collectively the "Borrowers"), the other Loan Parties party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent for the Lenders (as defined below) with respect to the US Loans (as defined in the Credit Agreement referred to below), and J.P. MORGAN EUROPE LIMITED, as Administrative Agent for the Lenders with respect to the Netherlands Loans (as such term is defined in the Credit Agreement referred to below).
W I T N E S S E T H:
WHEREAS, Borrowers, the other Loan Parties party thereto, the lenders from time to time party thereto (the "Lenders"), and the Administrative Agent are parties to that certain Amended and Restated Credit Agreement dated as of February 8, 2010 (as amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement"; capitalized terms not otherwise defined herein have the definitions provided therefore in the Credit Agreement);
WHEREAS, Borrowers have requested that Administrative Agent and Required Lenders agree to amend the Credit Agreement in certain respects, as more particularly set forth herein;
NOW THEREFORE, in consideration of the mutual conditions and agreements set forth in the Credit Agreement and this Amendment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1.Amendments.  Subject to the satisfaction of the conditions set forth in Section 2 below, and in reliance on the representations set forth in Section 3 below, the Credit Agreement is hereby amended as follows:
(a)New definitions of the terms "Leerdam Property Disposition Document" and "Syracuse Property Disposition Document" are hereby inserted into Section 1.01 of the Credit Agreement in appropriate alphabetical order, as follows:
"Leerdam Property Disposition Document" means that certain Land Swap Agreement, dated as of December 30, 2010, by and between B.V. Koninklijke Nederlandsche Glasfabriek Leerdam and O-I Manufacturing Netherlands B.V. as the same may be amended, modified or waived in a manner reasonably satisfactory to the Administrative Agent.
"Syracuse Property Disposition Document" means that certain Purchase Agreement, dated as of October 20, 2010, by and between Syracuse China Company and Emergency Medicine Support Foundation, Inc. as the same may be amended, modified or waived in a manner reasonably satisfactory to the Administrative Agent.
(b)The definition of the term "Senior Notes" set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
“Senior Notes” means, collectively, the 10% Senior Secured Notes due 2015 of the US Borrower issued on the Effective Date pursuant to the Senior Notes Indenture and any 10% Senior Secured Notes due 2015 of the US Borrower issued pursuant to the Senior Notes Indenture in exchange for such 10% Senior Secured Notes due 2015 of the US Borrower 

issued on the Effective Date pursuant to the Offer to Exchange Prospectus of US Borrower dated December 22, 2010 with Registration No. 333-170763 and filed on December 23, 2010, as in effect on such date, as the same may be amended or otherwise modified from time to time to the extent permitted by this Agreement.
(c)Clause (l) of Section 6.05 of the Credit Agreement is hereby amended and restated in its entirety, as follows:
(l)     the sale, transfer or other disposition of the land, building and fixtures owned by Syracuse China Company and located at 2801 Court Street, Salina, Onondaga County, New York (the “Syracuse Property”) to the extent such sale, transfer or other disposition is made in accordance with the Syracuse Property Disposition Document;
(d)Clause (n) of Section 6.05 of the Credit Agreement is hereby amended and restated in its entirety, as follows:
(n)    the lease, exchange, transfer or disposition of certain real property located on the industrial site of Leerdam, Lingedijk 8, 4142 LD, and certain other assets related thereto located on such site, in each case owned by the Netherlands Loan Parties to the extent such lease, exchange, transfer or other disposition is made in accordance with the Leerdam Property Disposition Document;
(e)The proviso at the end of Section 6.05 of the Credit Agreement is hereby amended and restated in its entirety, as follows:
provided that all sales, transfers, leases and other dispositions permitted by clauses (d), (g), (h), (j) and (k) shall be made for fair value and for at least 75% cash consideration.
2.Conditions to Effectiveness.  The effectiveness of this Amendment is subject to the following conditions precedent (unless specifically waived in writing by Administrative Agent), each to be in form and substance reasonably satisfactory to Administrative Agent:
(a)Administrative Agent shall have received a fully executed copy of this Amendment executed by Required Lenders, Borrowers and the other Loan Parties party hereto;
(b)Administrative Agent shall have received a fully executed copy of each of the Syracuse Property Disposition Document and the Leerdam Property Disposition Document;
(c)any real or personal property acquired by any Borrower or any other Loan Party pursuant to, or in connection with, the Leerdam Property Disposition Document shall be free and clear of all Liens except for Liens permitted by Section 6.02 of the Credit Agreement or discharged concurrently with the effectiveness of this Amendment pursuant to documentation reasonably satisfactory to the Administrative Agent;
(d)Administrative Agent shall have been reimbursed for all reasonable out-of-pocket costs, fees and expenses incurred by Agent in connection with the preparation, execution, administration or enforcement of this Amendment to the extent invoiced;
(e)all proceedings taken in connection with the transactions contemplated by this Amendment and all documents, instruments and other legal matters incident thereto shall be satisfactory to Administrative Agent and its legal counsel; and
(f)no Default or Event of Default shall have occurred and be continuing or shall be caused by the transactions contemplated by, or after giving effect to, this Amendment.
3.Representations and Warranties.  To induce Administrative Agent and Lenders to enter into this Amendment, each Borrower and each other Loan Party represents and warrants to Administrative Agent and Lenders that:
(a)the execution, delivery and performance of this Amendment has been duly authorized 

by all requisite corporate action on the part of each Borrower and each other Loan Party and that this Amendment has been duly executed and delivered by each Borrower and each other Loan Party;
(b)immediately before and after giving effect to the consummation of the transactions contemplated by this Amendment, each of the representations and warranties of the Borrowers and each of the other Loan Parties set forth in the Credit Agreement and each of the other Loan Documents, are true and correct in all material respects as of the date hereof (except to the extent they relate to an earlier date, in which case they shall have been true and correct in all material respects as of such earlier date); 
(c)immediately before and after giving effect to the consummation of the transactions contemplated by this Amendment, after giving effect to this Amendment, no Default or Event of Default has occurred and is continuing;
(d)this Amendment constitutes the legal, valid and binding obligation of each Borrower and each other Loan Party and is enforceable against each Borrower and each other Loan Party in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforceability of creditors' rights generally and to general principles of equity; and
(e)the execution and delivery by each Borrower and each other Loan Party of this Amendment, along with the consummation of the transactions contemplated by each of the Syracuse Property Disposition Document and the Leerdam Property Disposition Document, does not conflict with, and is permitted by, the Senior Notes Indenture.
4.Covenants.  Within 60 days of the transfer of the real property pursuant to the Leerdam Property Disposition Document (or such later date as agreed to in writing (which may be by email) by Administrative Agent), the applicable Loan Parties shall deliver to Administrative Agent a Mortgage (or other pledge or security agreement, as applicable), together with such other agreements, documents and instruments reasonably requested by Administrative Agent, with respect to (i) any parcel of real property and (ii) any other assets acquired by any Loan Party to the extent required under the Credit Agreement and the other Loan Documents, in each case pursuant to the Leerdam Property Disposition Document, to cause such real property and other assets (as applicable) to be subjected to a Lien securing the Netherlands Secured Obligations, in each case in form and substance reasonably satisfactory to Administrative Agent.
5.Severability.  Any provision of this Amendment held by a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of this Amendment and the effect thereof shall be confined to the provision so held to be invalid or unenforceable.
6.References.  Any reference to the Credit Agreement contained in any Loan Document or any other document, instrument or agreement executed in connection with the Credit Agreement shall be deemed to be a reference to the Credit Agreement as modified by this Amendment.
7.Counterparts.  This Amendment may be executed in one or more counterparts, each of which shall constitute an original, but all of which taken together shall be one and the same instrument.  Delivery by telecopy or electronic portable document format (i.e., "pdf") transmission of executed signature pages hereof from one party hereto to another party hereto shall be deemed to constitute due execution and delivery by such party.
8.Ratification.  The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions of the Credit Agreement and shall not be deemed to be a consent to the modification or waiver of any other term or condition of the Credit Agreement.  Except as expressly modified and superseded by this Amendment, the terms and provisions of the Credit Agreement and each of the other Loan Documents are ratified and confirmed and shall continue in full force and effect.  Each Loan Party hereby acknowledges and agrees that, unless otherwise expressly agreed to in writing by the Administrative Agent, all Liens on the Collateral created under Loan Documents in favor of Administrative Agent shall continue in full force and effect after giving effect to this Amendment.
9.Governing Law.  This Amendment shall be a contract made under and governed by the laws of the State of New York, without regard to conflict of laws principles that would require the application of laws other than those of the State of New York. Whenever possible each provision of this 

Amendment shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Amendment shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Amendment.
[Signature Page Follows]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed under seal and delivered by their respective duly authorized officers on the date first written above.
	
						
	 
	 
	BORROWERS:
	 

	 
	 
	LIBBEY GLASS INC.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LIBBEY EUROPE B.V.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	OTHER LOAN PARTIES:
	 

	 
	 
	LIBBEY INC.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LGA3 CORP.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	THE DRUMMOND GLASS COMPANY
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LGA4 CORP.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	SYRACUSE CHINA COMPANY
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LGFS INC.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	WORLD TABLEWARE INC.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	
						
	 
	 
	TRAEX COMPANY
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LGC CORP.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LGAC LLC
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LIBBEY.COM LLC
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LIBBEY INTERNATIONAL C.V.
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	B.V. KONINKLIJKE NEDERLANDSE
GLASFABRIEK LEERDAM
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	LIBBEY EUROPE FINANCE COMPANY B.V.

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 

	
						
	 
	 
	LIBBEY MEXICO HOLDINGS B.V.

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	JPMORGAN CHASE BANK, N.A., as a Lender and as
Administrative Agent with respect to the US Loans

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	 
	 
	 
	 
	 
	 

	 
	 
	J.P. MORGAN EUROPE LIMITED., as a Lender and as
Administrative Agent with respect to the Netherlands
Loans

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	BANK OF AMERICA, N.A.,
as a Lender
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	BARCLAYS BANK PLC,
as a Lender
	 

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	WELLS FARGO CAPITAL FINANCE, LLC,
as a Lender

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:
	 

	
						
	 
	 
	FIFTH THIRD BANK,
as a Lender

	 
	 
	 
	 
	 
	 

	 
	 
	By:
	 
	 

	 
	 
	 
	 
	Name:
	 

	 
	 
	 
	 
	Title:

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"}]]