Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 Voting
Agreement 
 This Voting Agreement (this “Agreement”), dated as of June 15, 2015 among the undersigned
stockholder (“Stockholder”) of Metalico, Inc., a Delaware corporation (the “Company”), the Company and Total Merchant Limited, a Samoan Limited Company (“Parent”). 

WHEREAS, concurrently with the execution of this Agreement, the Company, Parent and TM Merger Sub Corp., a Delaware corporation and
wholly owned subsidiary of Parent (“Merger Sub”), have entered, or will enter, into an Agreement and Plan of Merger (as the same may be amended from time to time, the “Merger Agreement”), providing for, among other
things, the merger (the “Merger”) of Merger Sub with and into the Company with the Company surviving pursuant to the terms and conditions of the Merger Agreement; 

WHEREAS, as a condition to its willingness to enter into the Merger Agreement, Parent has required that Stockholder execute and deliver
this Agreement; and 
 WHEREAS, in order to induce Parent to enter into the Merger Agreement, Stockholder is willing to make
certain representations, warranties, covenants and agreements with respect to the shares of common stock, par value $.001 per share, of the Company (“Company Common Stock”) beneficially owned and owned of record by Stockholder and
set forth below Stockholder’s signature on the signature page hereto (the “Original Shares” and, together with any additional shares of Company Common Stock pursuant to Section 6 hereof, the
“Shares”). 
 NOW, THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
  

	1.	Definitions. 

 For purposes of this Agreement, capitalized terms used and not defined
herein shall have the respective meanings ascribed to them in the Merger Agreement. 

	2.	Representations of Stockholder. 

 Stockholder represents and warrants to Parent that:

 (a) (i) Stockholder owns beneficially (as such term is defined in Rule 13d-3 under the Exchange Act) and of record all of the Original
Shares free and clear of all Liens, and (ii) except pursuant hereto, there are no options, warrants or other rights, agreements, arrangements or commitments of any character to which Stockholder is a party relating to the pledge, disposition or
voting of any of the Original Shares and there are no voting trusts or voting agreements with respect to the Original Shares. 
 (b)
Stockholder does not beneficially own any shares of Company Common Stock other than (i) the Original Shares and (ii) any options, warrants or other rights to acquire or receive any additional shares of Company Common Stock or any security
exercisable for or convertible into shares of Company Common Stock, set forth on the signature page of this Agreement (collectively, “Options”). 

(c) Stockholder has full legal capacity to enter into, execute and deliver this Agreement and to perform fully Stockholder’s
obligations hereunder (including the proxy described in Section 3(a) below)). This Agreement has been duly and validly executed and delivered by Stockholder and constitutes the legal, valid and binding obligation of Stockholder,
enforceable against Stockholder in accordance with its terms. 
 (d) None of the execution and delivery of this Agreement by
Stockholder, the consummation by Stockholder of the transactions contemplated hereby or compliance by Stockholder with any of the provisions hereof will conflict with or result in a breach, or constitute a default (with or without notice of lapse of
time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument or Law applicable to Stockholder or to Stockholder’s property or assets. 

(e) No consent, approval or authorization of, or designation, declaration or filing with, any Governmental Entity or other Person on the part
of Stockholder is required in connection with the valid execution and delivery of this Agreement. No consent of Stockholder’s spouse is necessary under any “community property” or other laws in order for Stockholder to enter into and
perform its obligations under this Agreement. 
  

	3.	Agreement to Vote Shares; Irrevocable Proxy. 

 (a) Stockholder agrees during the term of
this Agreement to vote the Shares, to execute a written consent or consents if stockholders of the Company are requested to act by written or electronic consent in lieu of acting at a meeting and to otherwise cause such Stockholder’s Shares to
be voted in the following manner: (i) in favor of the adoption of the Merger Agreement, at every meeting (or in connection with any action by written consent) of the stockholders of the Company at which such matters are considered and at every
adjournment or postponement thereof; and (ii) against (1) any Takeover Proposal, (2) any action, proposal, transaction or agreement which would reasonably be 

  
 2 

 
expected to result in a breach of any covenant, representation or warranty or any other obligation or agreement of the Company under the Merger Agreement or of Stockholder under this Agreement
and (3) any action, proposal, transaction or agreement that would reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment of Parent’s, the
Company’s or Merger Sub’s conditions under the Merger Agreement or change in any manner the voting rights of any class of shares of the Company (including any amendments to the Company Charter or Company By-laws). Stockholder also agrees
to cause his Shares to be present for quorum purposes at any meeting of stockholders of the Company at which any matter described in Section 3(a)(i-ii) above will be acted on by the Company’s stockholders. 

(b) Stockholder hereby appoints Parent and any designee of Parent, and each of them individually, its proxies and attorneys-in-fact,
with full power of substitution and resubstitution, to vote or act by written consent during the term of this Agreement with respect to the Shares in accordance with Section 3(a) solely in the event Stockholder fails to vote in the
manner required by Section 3(a). This proxy and power of attorney is given to secure the performance of the duties of Stockholder under this Agreement. Stockholder shall take such further action or execute such other instruments as may
be necessary to effectuate the intent of this proxy. This proxy and power of attorney granted by Stockholder shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in law to support an
irrevocable proxy and shall revoke any and all prior proxies granted by Stockholder with respect to the Shares. The power of attorney granted by Stockholder herein is a durable power of attorney and shall survive the dissolution, bankruptcy, death
or incapacity of Stockholder. The proxy and power of attorney granted hereunder shall terminate upon the termination of this Agreement.  
  

	4.	No Voting Trusts or Other Arrangement. 

 Stockholder agrees that Stockholder will not,
and will not permit any entity under Stockholder’s control to, deposit any of the Shares in a voting trust, grant any proxies with respect to the Shares (except as provided herein) or subject any of the Shares to any arrangement with respect to
the voting of the Shares other than agreements entered into with Parent. 
  

	5.	Transfer and Encumbrance. 

 Stockholder agrees that, during the term of this
Agreement, Stockholder will not, directly or indirectly, transfer, sell, offer, exchange, assign, pledge or otherwise dispose of or encumber, whether by merger, operation of law or otherwise (“Transfer”) any of the Shares or enter
into any contract, option or other agreement with respect to, or consent to, a Transfer of, any of the Shares or Stockholder’s voting or interest therein with respect to any matter addressed by this Agreement. Any attempted Transfer of Shares
or  

  
 3 

 
any interest therein in violation of this Section 5 shall be null and void. This Section 5 shall not prohibit a Transfer of the Shares by Stockholder to any member of
Stockholder’s immediate family, or to a trust for the benefit of Stockholder or any member of Stockholder’s immediate family, or upon the death of Stockholder; provided, that a Transfer referred to in this sentence shall be permitted only
if, as a precondition to such Transfer, the transferee agrees in a writing, reasonably satisfactory in form and substance to Parent, to be bound by all of the terms of this Agreement. All Shares shall bear a conspicuous legend providing that they
are subject to the restrictions on Transfer set forth in this Agreement. The Company agrees to cause new certificates to be issued with respect to the Shares bearing such legend and immediately issue a stop transfer order with respect to such Shares
for the duration of this Agreement. 
  

	6.	Additional Shares. 

 Stockholder agrees that all shares of Company Common Stock that
Stockholder purchases, acquires the right to vote or otherwise acquires beneficial ownership of (as defined in Rule 13d-3 under the Exchange Act) or record ownership of after the execution of this Agreement shall be subject to the terms of this
Agreement and shall constitute Shares for all purposes of this Agreement. 
  

	7.	Waiver of Appraisal and Dissenters’ Rights. 

 Stockholder hereby waives, and agrees
not to assert or perfect, any rights of appraisal or rights to dissent from the Merger that Stockholder may have by virtue of ownership of the Shares. 
  

	8.	Termination. 

 This Agreement shall terminate upon the earliest to occur of (i) the
Effective Time, (ii) the date on which the Merger Agreement is terminated in accordance with its terms, and (iii) the date on which a Company Adverse Recommendation Change has been effected. 

 

	9.	No Agreement as Director or Officer. 

 Stockholder makes no agreement or understanding in
this Agreement in Stockholder’s capacity as a director or officer of the Company or any of its subsidiaries, and nothing in this Agreement: (a) will limit or affect any actions or omissions taken by Stockholder in stockholder’s
capacity as such a director or officer, including in exercising rights under the Merger Agreement, and no such actions or omissions shall be deemed a breach of this Agreement or (b) will be construed to prohibit, limit or restrict Stockholder
from exercising Stockholder’s fiduciary duties as an officer or director to the Company or its stockholders. 

  
 4 

	10.	Specific Performance. 

 The parties agree that irreparable damage would occur in the
event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that the parties would not have any adequate remedy at law. It is accordingly agreed that the parties shall
be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement exclusively in the Chancery Court of the State of Delaware (or, if and
only if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware), in addition to any and all other rights and remedies at law or in equity, and all
such rights and remedies shall be cumulative. Each of the parties hereby irrevocably waives, and agrees not to attempt to assert or assert, by way of motion or other request for leave from the Chancery Court of the State of Delaware or any other
Delaware court, as a defense, counterclaim or otherwise, that there is an adequate remedy at law or that an award of specific performance is not otherwise an available or appropriate remedy. Any requirements for the securing or posting of any bond
with such remedy are waived. 
  

	11.	Entire Agreement. 

 This Agreement supersedes all prior agreements, written or oral,
between the parties hereto with respect to the subject matter hereof and contains the entire agreement between the parties with respect to the subject matter hereof. This Agreement may not be amended or supplemented, and no provisions hereof may be
modified or waived, except by an instrument in writing signed by both of the parties hereto. No waiver of any provisions hereof by either party shall be deemed a waiver of any other provisions hereof by such party, nor shall any such waiver be
deemed a continuing waiver of any provision hereof by such party. 
  

	12.	Notices. 

 All notices, requests, claims, demands, and other communications
hereunder shall be in writing and shall be deemed to have been given (a) when delivered by hand (with written confirmation of receipt), (b) when received by the addressee if sent by a nationally recognized overnight courier (receipt
requested), (c) on the date sent by facsimile or e-mail of a PDF document (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the
recipient, or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective parties at the following addresses (or at such other
address for a party as shall be specified in a notice given in accordance with this Section 12): 

  
 5 

 If to Parent: 

Total Merchant Limited 
 No 88. Hufuhuang Road, Fuqiao Town 

Taicang City, Jiangsu, China 
 Attention: Huang Chung Sheng 

Phone:+86 512 53703988 
 Email: ahsheng01@gmail.com 

Copy to: 
 K&L Gates LLP 

599 Lexington Avenue 
 New York, NY 10022 

Facsimile: (212) 536-3901 
 Attention: Robert S. Matlin, Esq.

 Phone: (212) 536-4066 
 Email: robert.matlin@klgates.com

 If to the Company: 
 Metalico, Inc. 

186 North Avenue East 
 Cranford, NJ 07016 

Facsimile: 908-497-1097 
 Attention: Carlos E. Agüero,
Chairman, President & CEO 
 Phone: 908-497-9610 

Email: ceaguero@metalico.com 
 Copy to: 

Lowenstein Sandler LLP 
 1251 Avenue of the Americas 

New York, New York 10020 
 Facsimile: (973) 597-2477 

Attention: Steven M. Skolnick, Esq. 
 Phone: (973) 597-2476

 Email: sskolnick@lowenstein.com 
 If to
Stockholder, to the address or facsimile number set forth for Stockholder on the signature page hereof. 

  
 6 

	13.	Miscellaneous. 

 (a) This Agreement, and all claims or causes of action (whether at law,
in contract or in tort) that may be based upon, arise out of or relate to this Agreement, and the negotiation, execution or performance hereof, shall be governed by and construed in accordance with the laws of the State of Delaware, without giving
effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 

(b) Each of the parties irrevocably submits to the exclusive jurisdiction of the Chancery Court of the State of Delaware and any state
appellate court therefrom within the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware) for the purpose of any
action or proceeding arising out of or relating to this Agreement. Each of the parties agrees that a final judgment in any action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by law. In the event of a lawsuit or other legal proceeding arising out of or related to this Agreement, the non-prevailing party shall reimburse the prevailing party, on demand, for its reasonable attorneys’ fees and costs,
including those incurred in litigating entitlement to attorneys’ fees and costs, and those incurred in determining or quantifying the amount of recoverable attorneys’ fees and costs. 

(c) Each of the parties irrevocably consents to the service of any summons and complaint and any other process in any other action or
proceeding relating to the transactions contemplated by this Agreement, on behalf of itself or its property, by the personal delivery of copies of such process to such party at such parties’ address provided in Section 12. Nothing
in this Section shall affect the right of any party hereto to serve legal process in any other manner permitted by law. 
 (d) EACH OF THE
PARTIES HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

(e) If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or
unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be
consummated as originally contemplated to the greatest extent possible. 

  
 7 

 (f) This Agreement may be executed in one or more counterparts, each of which shall be deemed to
be an original but all of which together shall constitute one and the same instrument. 
 (g) Each party hereto shall execute and deliver
such additional documents as may be necessary or desirable to effect the transactions contemplated by this Agreement. 
 (h) All Section
headings herein are for convenience of reference only and are not part of this Agreement, and no construction or reference shall be derived therefrom. 

(i) The obligations of Stockholder set forth in this Agreement shall not be effective or binding upon Stockholder until after such time as the
Merger Agreement is executed and delivered by the Company, Parent and Merger Sub, and the parties agree that there is not and has not been any other agreement, arrangement or understanding between the parties hereto with respect to the matters set
forth herein. 
 (j) No party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written
consent of the other parties hereto, except that Parent may assign, in its sole discretion, all or any of its rights, interests and obligations hereunder to any of its Affiliates. Any assignment contrary to the provisions of this Section
13(j) shall be null and void. 
 [SIGNATURE PAGE FOLLOWS] 

  
 8 

 IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of
the date first written above. 
  

			
	TOTAL MERCHANT LIMITED
		
	By		 /s/ Huang Chung Sheng

	Name: Huang Chung Sheng
	Title: Director
	
	METALICO, INC.
		
	By		 /s/ Carlos E. Agüero

	Name: Carlos E. Agüero
	Title: Chairman, President and Chief Executive Officer
	
	CARLOS E. AGÜERO
		
	By		 /s/ Carlos E. Agüero

	
	Number of Shares of Company Common Stock Beneficially Owned as of the Date of this Agreement:
	
	 5,240,957

	
	Number of Options Beneficially Owned as of the Date of this Agreement:
	
	 50,000

	
	Number of Shares of Unvested Deferred Stock to Which Entitled as of the Date of this Agreement: 5,000
	
	 Street Address: 910 Bailey Court

Westfield, NJ 07090

  
 9EX-10.2

 Exhibit 10.2 

EXECUTION VERSION 
 AMENDMENT
NO. 1 TO RIGHTS AGREEMENT 
 This Amendment No. 1 to Rights Agreement (this “Amendment”), dated as
of June 15, 2015, between Metalico, Inc., a Delaware corporation (the “Company”), and Corporate Stock Transfer, Inc., as Rights Agent (the “Rights Agent”), to the Rights Agreement, dated as of February 3,
2015, between the Company and the Rights Agent (the “Rights Agreement”); all capitalized terms not defined herein shall have the meanings ascribed to such terms in the Rights Agreement. 

WHEREAS, the Company proposes to enter into an Agreement and Plan of Merger among Total Merchant Limited, a Samoan limited company
(“Parent”), TM Merger Sub Corp., a Delaware corporation and a direct, wholly owned subsidiary of Parent (“Merger Sub”), and the Company (as amended, supplemented, modified or replaced from time to time, the
“Merger Agreement”); 
 WHEREAS, in connection with the Merger, it is proposed that Parent, the Company and Carlos
E. Agüero will enter into a Voting Agreement, dated June 15, 2015 (the “Voting Agreement”); 
 WHEREAS,
the Board of Directors of the Company has determined that the Merger Agreement and the terms and conditions set forth therein and the transactions contemplated thereby, including, without limitation, the Merger (as defined in the Merger Agreement),
are advisable and are fair to and in the best interests of the Company and its stockholders; 
 WHEREAS, the Board of
Directors of the Company has determined, in connection with its consideration of the Merger Agreement, that it is necessary and desirable to amend the Rights Agreement as set forth herein; 

WHEREAS, subject to certain limited exceptions, Section 27 of the Rights Agreement provides that the Company may in its sole and
absolute discretion from time to time supplement or amend the Rights Agreement without the approval of any holders of the Rights; 

WHEREAS, this Amendment is permitted by Section 27 of the Rights Agreement; and  

WHEREAS, pursuant to Section 27, the Company hereby directs that the Rights Agreement shall be amended as set forth in this
Amendment. 
 NOW THEREFORE, in consideration of the foregoing premises and mutual covenants and agreements set forth herein,
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Rights Agent hereby agree as follows: 

Section 1. Amendment to Section 1. Section 1 of the Rights Agreement is hereby amended and supplemented by adding
subsections (ss) and (tt) which shall each read as follows: 
 “(ss) “Merger Agreement” shall mean the Agreement and
Plan of Merger, dated as of June 15, 2015, among Total Merchant Limited, a Samoan limited company (“Parent”), TM Merger Sub Corp., a Delaware corporation and direct wholly owned subsidiary of Parent (“Merger
Sub”), and the Company (as such agreement is amended, supplemented, modified or replaced from time to time).” “(tt) “Voting Agreement” shall mean the Voting Agreement, dated as of June 15, 2015, among Parent,
the Company and Carlos E. Agüero, as the same may be amended from time to time.” 

 Section 2. Amendment to Section 7(a). Section 7(a) of the Rights Agreement
is hereby amended by adding the following sentence to the end thereof: 
 “Notwithstanding anything to the contrary in this Agreement,
immediately prior to the Effective Time (as defined in the Merger Agreement) this Agreement shall automatically terminate (without any further action of the parties hereto), all Rights established hereunder shall automatically expire and such time
shall be deemed the Expiration Date for all purposes of this Agreement.” 
 Section 3. Addition of New Section 35. The
Rights Agreement is amended by adding a new Section 35 thereof which shall read as follows: 
 “Section 35. Exception For Merger
Agreement. Notwithstanding any provision of this Agreement to the contrary, neither a Distribution Date, Flip-In Event nor a Stock Acquisition Date shall be deemed to have occurred, none of Parent, Merger Sub or any of their Affiliates or
Associates shall be deemed to have become an Acquiring Person, and no holder of any Rights shall be entitled to exercise such Rights under, or be entitled to any rights pursuant to, any of Sections 3, 7, 11 or 13 of this Agreement, in any such case
by reason of (a) the approval, execution or delivery of the Merger Agreement, the Voting Agreement or any amendments thereof approved in advance by the Board of Directors of the Company or (b) the commencement or, prior to termination of
the Merger Agreement, the consummation of any of the transactions contemplated by the Merger Agreement in accordance with their respective provisions, including without limitation, the Merger (as defined in the Merger Agreement), or by the Voting
Agreement.” 
 Section 4. Effective Date; Certification. This Amendment shall be deemed effective as of the date first
written above, as if executed on such date. The officer of the Company executing this Amendment hereby certifies to the Rights Agent that the amendment to the Rights Agreement set forth in this Amendment is in compliance with Section 27 of the
Rights Agreement and the certification contained in this Section 4 shall constitute the certification required by Section 27 of the Rights Agreement. 

  
 2 

 Section 5. Governing Law. This Amendment shall be deemed to be a contract made under
the laws of the State of Delaware and for all purposes shall be governed by, and construed in accordance with, the laws of such State applicable to contracts made and to be performed entirely within such State; provided, however that the rights,
obligations and duties of the Rights Agent hereunder shall be governed by, and construed in accordance with, the laws of the State of New York applicable to contracts made and to be performed entirely within such State. 

Section 6. Severability. The terms, provisions, covenants or restrictions (or parts thereof) of this Amendment shall be deemed
severable and the invalidity or unenforceability of any term, provision, covenant or restriction (or part thereof) shall not affect the validity or enforceability of the other term, provision, covenant or restriction (or part thereof) of this
Amendment. If any term, provision, covenant or restriction (or part thereof) of this Amendment, or the application thereof to any person or any circumstance, is invalid or unenforceable, (a) a suitable and equitable term, provision,
covenant or restriction shall be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable term, provision, covenant or restriction (or part thereof) and (b) the
remainder of this Amendment and the application of such term, provision, covenant or restriction (or part thereof) to other Persons or circumstances shall not be affected by such invalidity or unenforceability, nor shall such invalidity or
unenforceability affect the validity or enforceability of such term, provision, covenant or restriction (or part thereof), or the application thereof, in any other jurisdiction. 

Section 7. Notice. The Rights Agent and the Company hereby waive any notice requirement with respect to each other under the
Rights Agreement, if any, pertaining to the matters covered by this Amendment. 
 Section 8. No Other Effect. Except as
expressly set forth herein, the Rights Agreement shall not by implication or otherwise be supplemented or amended by virtue of this Amendment, but shall remain in full force and effect, as amended hereby. 

Section 9. Counterparts. This Amendment may be executed in any number of counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 

  
 3 

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

			
	METALICO, INC.
		
	By:		 /s/ Carlos E. Agüero

	Name:		Carlos E. Agüero
	Title:		Chairman, President and Chief Executive Officer
	
	 CORPORATE STOCK TRANSFER, INC.,

as Rights Agent

		
	By:		 /s/ Carylyn Bell

	Name:		Carylyn Bell
	Title:		President

  
 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}]]