Document:

EX-10.36

 Exhibit 10.36 

FIRST AMENDMENT TO THE AMENDED AND RESTATED 

LOAN AND SECURITY AGREEMENT 

This FIRST AMENDMENT TO THE AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this “Amendment”) is dated as of
June 12, 2014, and is entered into by and among ARCTIC CAT INC., a Minnesota corporation (“Arctic Cat”), and the Subsidiaries of Arctic Cat identified on the signature pages hereto, as borrowers (collectively, the
“Borrowers”), the financial institutions party to this Amendment from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, as agent for the Lenders
(“Agent”). 
 WHEREAS, the Borrowers, the Agent, and the Lenders have entered into that certain Amended and Restated Loan
and Security Agreement (as amended, restated, or otherwise modified from time to time, the “Loan Agreement”), dated as of November 8, 2013; and 

WHEREAS, the Borrowers have requested that the Agent and the Lenders agree to enter into certain amendments to the Loan Agreement, 

NOW, THEREFORE, in consideration of the mutual conditions and agreements set forth in the Loan Agreement and this Amendment, and other
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 ARTICLE I

 DEFINITIONS 

Initially capitalized terms used but not otherwise defined in this Amendment have the respective meanings set forth in the Loan Agreement, as
amended hereby. 
 ARTICLE II 

AMENDMENTS TO LOAN AGREEMENT 
 2.01.
Amended Definitions. The following definitions from Section 1.1 of the Loan Agreement are hereby amended in their entirety to read as follows: 

Applicable Margin: 
  

	 	(a)	On or before June 30, 2014, the margin set forth below, as determined by the Fixed Charge Coverage Ratio as of the last day of the immediately preceding Fiscal Quarter measured on a trailing twelve-month basis:

  

											
	 Level
	  	 Fixed Charge

Coverage Ratio
	  	 Base Rate
Loans
	 	 	 LIBOR Loans
	 
	 I
	  	> 2.50:1.00	  	 	0.25	% 	 	 	1.25	% 
	 II
	  	 > 1.50:1.00 and

< 2.50:1.00
	  	 	0.50	% 	 	 	1.50	% 
	 III
	  	< 1.50 to 1.00	  	 	0.75	% 	 	 	1.75	% 

 Margins shall be subject to increase or decrease by Agent on the first day of the calendar month
following each Fiscal Quarter end. If, by the first day of a month, any financial statement or Compliance Certificate due in the preceding month has not been received, then, at the option of Agent or Required Lenders, margins shall be determined as
if Level III were applicable until the first day of the calendar month following actual receipt. 
  

	 	(b)	On or after July 1, 2014, the margin set forth below, as determined by the average daily Availability for the last Fiscal Quarter: 

 

											
	 Level
	  	 Average Daily

Availability
	  	Base Rate
Loans	 	 	LIBOR Loans	 
	I	  	> 60% of the aggregate amount of the Revolver Commitments then in effect	  	 	0.25	% 	 	 	1.25	% 
	II	  	> 30% and < 60% of the aggregate amount of the Revolver Commitments then in effect	  	 	0.50	% 	 	 	1.50	% 
	III	  	< 30% of the aggregate amount of the Revolver Commitments then in effect	  	 	0.75	% 	 	 	1.75	% 

 Margins shall be subject to increase or decrease by Agent on the first day of the calendar month following
each Fiscal Quarter end. If, by the first day of a month, any financial statement or Borrowing Base Certificate due in the preceding month has not been received, then, at the option of Agent or Required Lenders, margins shall be determined as if
Level III were applicable until the first day of the calendar month following actual receipt. 
 Fixed Charge Coverage Ratio: the
ratio, determined on a consolidated basis for Borrowers and Subsidiaries for any period, of (a) EBITDA minus Capital Expenditures (except those financed with Borrowed Money other than Revolver Loans), cash taxes paid, and stock repurchases
(except, beginning on May 1, 2014, and only for purposes of calculating the Applicable Margin, stock repurchases will not be subtracted from EBITDA) and Distributions made in cash to (b) Fixed Charges. 

ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

Each Obligor hereby represents and warrants to each Lender and the Agent, as of the First Amendment Effective Date (as such term is
defined in Section 4.01 below), as follows: 
 3.01. Representations and Warranties. After giving effect to this Amendment,
the representations and warranties set forth in Section 9 of the Loan Agreement and in each other Loan Document are true and correct in all material respects on and as of the date hereof and on and as of the First Amendment Effective Date with
the same effect as if made on and as of the date hereof or the First Amendment Effective Date, 

  
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as the case may be, except to the extent such representations and warranties expressly relate solely to an earlier date. 

3.02. No Defaults. Each of the Obligors is in compliance with all terms and conditions of the Loan Agreement and the other Loan Documents
on its part to be observed and performed and no Default or Event of Default has occurred and is continuing. 
 3.03. Authority and
Pending Actions. The execution, delivery, and performance by each Obligor of this Amendment has been duly authorized by each such Obligor (as applicable) and there is no action pending or any judgment, order, or decree in effect which is
likely to restrain, prevent, or impose materially adverse conditions upon the performance by any Obligor of its obligations under the Loan Agreement or the other Loan Documents. 

3.04. Enforceability. This Amendment constitutes the legal, valid, and binding obligation of each Obligor, enforceable against each such
Obligor in accordance with its terms, except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, moratorium, reorganization, or other similar laws affecting the enforcement of creditors’ rights or by the
effect of general equitable principles. 
 3.05. Breach; Conflicts. The execution, delivery, and performance by each Obligor of
this Amendment do not and will not conflict with, or constitute a violation or breach of, or result in the imposition of any Lien upon the property of such Obligor, by reason of the terms of (i) any contract, mortgage, lease, agreement,
indenture, or instrument to which such Obligor is a party or which is binding upon it, (ii) any Applicable Law with respect to such Obligor, or (iii) the certificate or articles of incorporation or by-laws or the limited liability company
or limited partnership agreement of such Obligor. 
 ARTICLE IV 

CONDITIONS PRECEDENT AND FURTHER ACTIONS 

4.01. Conditions Precedent. The amendments contained in Article II shall not be binding upon the Agent or the Lenders until each of the
following conditions precedent have been satisfied in form and substance satisfactory to the Agent (the first date upon which each such condition has been satisfied being herein called the “First Amendment Effective Date”): 

(a) The representations and warranties contained herein and in the Loan Agreement, as amended hereby, shall be true and correct in all
material respects as of the date hereof, as if made on such date, except for such representations and warranties limited by their terms to a specific date; 

(b) Each Obligor shall have delivered to the Agent duly executed counterparts of this Amendment which, when taken together, bear the
authorized signatures of the Borrowers, the Agent, and the Lenders; 
 (c) The Obligors shall have paid to the Agent all fees, costs, and
expenses owed to and/or incurred by the Agent and the Lenders in connection with this Amendment; 
 (d) The Agent shall have received such
other documents, legal opinions, instruments, and certificates relating to this Amendment as it shall reasonably request and such other documents, legal opinions, instruments, and certificates that shall be satisfactory in form and substance to the
Agent and the Lenders. All corporate proceedings taken or to be taken in connection with this Amendment and documents incidental thereto whether or not referred to herein shall be reasonably satisfactory in form and substance to the Agent and the
Lenders; and 

  
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 (e) All proceedings taken in connection with the transactions contemplated by this Amendment and
all documentation and other legal matters incident thereto shall be satisfactory to the Agent in its sole and absolute discretion. 
 4.02. Further
Actions. Each of the parties to this Amendment agrees that at any time and from time to time upon the written request of any other party, it will execute and deliver such further documents and do such further acts and things as such other
party may reasonably request in order to effect the purposes of this Amendment. 
 ARTICLE V 

COSTS AND EXPENSES 

Without limiting the terms and conditions of the Loan Documents, the Obligors jointly and severally agree to pay on demand: (i) all
reasonable costs and expenses incurred by the Agent in connection with the preparation, negotiation, and execution of this Amendment and the other Loan Documents executed pursuant to this Amendment and any and all subsequent amendments,
modifications, and supplements to this Amendment, including without limitation, the reasonable costs and fees of the Agent’s legal counsel; and (ii) all reasonable costs and expenses reasonably incurred by the Agent in connection with the
enforcement or preservation of any rights under the Loan Agreement, this Amendment, and/or the other Loan Documents, including without limitation, the reasonable costs and fees of the Agent’s legal counsel. 

ARTICLE VI 

MISCELLANEOUS 
 6.01.
Cross-References. References in this Amendment to any Section are, unless otherwise specified, to such Section of this Amendment. 
 6.02.
Instrument Pursuant to Loan Agreement. This Amendment is a Loan Document executed pursuant to the Loan Agreement and shall (unless otherwise expressly indicated herein) be construed, administered, and applied in accordance with the
terms and provisions of the Loan Agreement. 
 6.03. Acknowledgment of the Obligors. Each Obligor hereby represents and warrants that the
execution and delivery of this Amendment and compliance by such Obligor with all of the provisions of this Amendment: (i) are within the powers and purposes of such Obligor; (ii) have been duly authorized or approved by the board of
directors (or other appropriate governing body) of such Obligor; and (iii) when executed and delivered by or on behalf of such Obligor will constitute valid and binding obligations of such Obligor, enforceable in accordance with its terms. Each
Obligor reaffirms its obligations to perform and pay all amounts due to the Agent or the Lenders under the Loan Documents (including, without limitation, its obligations under any promissory note evidencing any of the Loans) in accordance with the
terms thereof, as amended and modified hereby. 
 6.04. Loan Documents Unmodified. Each of the amendments provided herein shall apply and be
effective only with respect to the provisions of the Loan Document specifically referred to by such amendments. Except as otherwise specifically modified by this Amendment, all terms and provisions of the Loan Agreement and all other Loan Documents,
as modified hereby, shall remain in full force and effect and are hereby ratified and confirmed in all respects. Nothing contained in this Amendment shall in any way impair the validity or enforceability of the Loan Documents, as modified hereby, or
alter, waive, annul, vary, affect, or impair any provisions, conditions, or covenants contained therein or any rights, 

  
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powers, or remedies granted therein, except as otherwise specifically provided in this Amendment. Subject to the terms of this Amendment, any lien and/or security interest granted to the Agent,
for the benefit of the Lenders, in the Collateral set forth in the Loan Documents shall remain unchanged and in full force and effect and the Loan Agreement and the other Loan Documents shall continue to secure the payment and performance of all of
the Obligations. 
 6.05. Parties, Successors and Assigns. This Amendment represents the agreement of the Borrowers, the Agent and each of the
Lenders signatory hereto with respect to the subject matter hereof, and there are no promises, undertakings, representations, or warranties relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan
Documents. This Amendment shall be binding upon and inure to the benefit of Borrowers, Agent, Lenders, and their respective successors and assigns, except that (i) no Borrower shall have the right to assign its rights or delegate its
obligations under any Loan Documents; and (ii) any assignment by a Lender must be made in compliance with Section 13.3 of the Loan Agreement. 

6.06. Counterparts. This Amendment may be executed in counterparts, each of which shall constitute an original, but all of which when taken
together shall constitute a single contract. This Amendment shall become effective when all conditions precedent have been met and when the Agent has executed it and received counterparts bearing the signatures of all other parties hereto. Delivery
of a signature page of this Amendment by telecopy shall be effective as delivery of a manually executed counterpart of such agreement. This Amendment may be executed and delivered by facsimile or electronic mail, and will have the same force and
effect as manually signed originals. Any electronic signature, contract formation on an electronic platform and electronic record-keeping shall have the same legal validity and enforceability as a manually executed signature or use of a paper-based
recordkeeping system to the fullest extent permitted by Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any similar state law based on the
Uniform Electronic Transactions Act. 
 6.07. Headings. The headings, captions, and arrangements used in this Amendment are for convenience
only, are not a part of this Amendment, and shall not affect the interpretation hereof. 
 6.08. Waivers. To the fullest extent permitted by
Applicable Law, each Borrower waives (a) the right to trial by jury (which the Agent and each Lender hereby also waives) in any proceeding or dispute of any kind relating in any way to any Loan Documents (including this Amendment), Obligations,
or Collateral; (b) presentment, demand, protest, notice of presentment, default, non-payment, maturity, release, compromise, settlement, extension or renewal of any commercial paper, accounts, documents, instruments, chattel paper, and
guaranties at any time held by the Agent on which a Borrower may in any way be liable, and hereby ratifies anything the Agent may do in this regard; (c) notice prior to taking possession or control of any Collateral; (d) any bond or
security that might be required by a court prior to allowing the Agent to exercise any rights or remedies; (e) the benefit of all valuation, appraisement and exemption laws; (f) any claim against the Agent, Issuing Bank or any Lender, on
any theory of liability, for special, indirect, consequential, exemplary, or punitive damages (as opposed to direct or actual damages) in any way relating to any Enforcement Action, Obligations, Loan Documents or transactions relating thereto; and
(g) notice of acceptance hereof. Each Borrower acknowledges that the foregoing waivers are a material inducement to the Agent, Issuing Bank and Lenders entering into this Amendment and that the Agent, Issuing Bank and Lenders are relying
upon the foregoing in their dealings with the Borrowers. Each Borrower has reviewed the foregoing waivers with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In
the event of litigation, this Amendment may be filed as a written consent to a trial by the court. 

  
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 6.09. Choice of Law; Jury Trial Waiver; Submission to Jurisdiction. THIS AMENDMENT SHALL BE
GOVERNED BY THE LAWS OF THE STATE OF ILLINOIS, WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW PRINCIPLES (BUT GIVING EFFECT TO FEDERAL LAWS RELATING TO NATIONAL BANKS). EACH BORROWER HEREBY CONSENTS TO THE NON-EXCLUSIVE JURISDICTION OF ANY FEDERAL
OR STATE COURT SITTING IN OR WITH JURISDICTION OVER THE STATE OF ILLINOIS, IN ANY DISPUTE, ACTION, LITIGATION OR OTHER PROCEEDING RELATING IN ANY WAY TO ANY LOAN DOCUMENTS, AND AGREES THAT ANY DISPUTE, ACTION, LITIGATION OR OTHER PROCEEDING SHALL BE
BROUGHT BY IT SOLELY IN ANY SUCH COURT. EACH BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL CLAIMS, OBJECTIONS AND DEFENSES THAT IT MAY HAVE REGARDING ANY SUCH COURT’S PERSONAL OR SUBJECT MATTER JURISDICTION, VENUE OR INCONVENIENT FORUM.
EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 14.3.1 OF THE LOAN AGREEMENT. A final judgment in any proceeding of any
such court shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or any other manner provided by Applicable Law. Nothing herein shall limit the right of the Agent or any Lender to bring proceedings against any
Obligor in any other court, nor limit the right of any party to serve process in any other manner permitted by Applicable Law. Nothing in this Amendment shall be deemed to preclude enforcement by the Agent of any judgment or order obtained in any
forum or jurisdiction. 
 6.10. Severability. Wherever possible, each provision of the Loan Documents shall be interpreted in such manner as
to be valid under Applicable Law. If any provision is found to be invalid under Applicable Law, it shall be ineffective only to the extent of such invalidity and the remaining provisions of the Loan Documents shall remain in full force and effect.

 6.11. Total Agreement. This Amendment, the Loan Agreement, and all other Loan Documents constitute the entire agreement, and supersede all
prior understandings and agreements, among the parties relating to the subject matter hereof. 
 6.12. Release. IN CONSIDERATION OF THIS
AMENDMENT, EACH OBLIGOR REPRESENTS AND WARRANTS THAT AS OF THE DATE HEREOF THERE ARE NO KNOWN CLAIMS, OFFSETS, DEFENSES OR COUNTERCLAIMS TO ITS OBLIGATIONS UNDER THE LOAN DOCUMENTS, AND HEREBY WAIVES ANY AND ALL CLAIMS, OFFSETS, DEFENSES OR
COUNTERCLAIMS, WHETHER KNOWN OR UNKNOWN, ARISING PRIOR TO THE DATE OF ITS EXECUTION OF THIS AMENDMENT AND RELEASES AND DISCHARGES AGENT, EACH LENDER AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SHAREHOLDERS, AFFILIATES AND ATTORNEYS
(COLLECTIVELY THE “RELEASED PARTIES”) FROM ANY AND ALL OBLIGATIONS, INDEBTEDNESS, LIABILITIES, CLAIMS, RIGHTS, CAUSES OF ACTION OR DEMANDS WHATSOEVER, WHETHER KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, IN LAW OR EQUITY, WHICH SUCH
OBLIGOR HAS OR MAY HAVE AGAINST ANY RELEASED PARTY ARISING PRIOR TO THE DATE HEREOF AND FROM OR IN CONNECTION WITH THE LOAN DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY. 

[Remainder of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF, the parties have executed and delivered this Amendment as of the day and year
first written above. 
  

			
	BORROWERS:
	
	ARCTIC CAT INC., a Minnesota corporation
		
	By:	 	 /s/ Timothy C. Delmore

	Name: Timothy C. Delmore
	Title: Chief Financial Officer
	
	ARCTIC CAT SALES INC., a Minnesota corporation
		
	By:	 	 /s/ Timothy C. Delmore

	Name: Timothy C. Delmore
	Title: Chief Financial Officer
	
	ARCTIC CAT PRODUCTION LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Timothy C. Delmore

	Name: Timothy C. Delmore
	Title: Chief Financial Officer
	
	ARCTIC CAT PRODUCTION SUPPORT LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Timothy C. Delmore

	Name: Timothy C. Delmore
	Title: Chief Financial Officer
	
	ARCTIC CAT SHARED SERVICES LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Timothy C. Delmore

	Name: Timothy C. Delmore
	Title: Chief Financial Officer

  

			
	Notice Address:
	
	    505 Waterford Park, Suite 1000
	    505 N. Highway 169
	    Plymouth, MN 55441
	    Attn:	 	Timothy C. Delmore, CFO
	    Telecopy:	 	763.354.1803

 
			
	BANK OF AMERICA, N.A.,
	as Agent and Lender
		
	By:	 	 /s/ Brian Conole

			
	Name:	 	Brian Conole
	Title:	 	Senior Vice President
	Address:	 	Bank of America Business Capital
		 	20975 Swenson Drive, Suite 200
		 	Waukesha, WI 53186
	Telecopy:	 	262.207.3347

 
			
	JPMORGAN CHASE BANK, N.A.,
	as Lender
		
	By:	 	 /s/ Pamela Esker

			
	Name:	 	Pamela Esker
	Title:	 	Authorized OfficerEX-10.37

 Exhibit 10.37 

JOINDER, CONSENT, WAIVER, AND SECOND AMENDMENT TO THE AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT 

This JOINDER, CONSENT, WAIVER, AND SECOND AMENDMENT TO THE AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this
“Amendment”) is dated as of May 12, 2015, and is entered into by and among ARCTIC CAT INC., a Minnesota corporation (“Arctic Cat”), and the Subsidiaries of Arctic Cat identified on the signature pages hereto,
as borrowers (collectively, the “Original Borrowers”), MOTORFIST, LLC, a Minnesota limited liability company (“MotorFist” and, together with the Original Borrowers, the “Borrowers” and each a
“Borrower”), the financial institutions party to this Amendment from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, as agent for the Lenders
(“Agent”). 
 WHEREAS, the Original Borrowers, the Agent, and the Lenders have entered into that certain Amended and
Restated Loan and Security Agreement dated as of November 8, 2013 (as amended, restated, or otherwise modified from time to time, the “Loan Agreement”), and certain of the Original Borrowers and the Agent have entered into
that certain Pledge Agreement dated as of November 10, 2009 (as amended, restated, or otherwise modified from time to time, the “Pledge Agreement”); 

WHEREAS, on February 18, 2015, MotorFist, LLC, a Minnesota limited liability company (“MotorFist”), was formed as a
wholly-owned Subsidiary of Arctic Cat Sales Inc., a Minnesota corporation; 
 WHEREAS, the Borrowers have requested that the Agent and the
Lenders agree (a) to consent to (i) the formation of MotorFist and (ii) the purchase of certain of the assets of MotorFist, LLC, an Idaho limited liability company (“Seller”), pursuant to that certain Asset Purchase
Agreement dated as of February 25, 2015 (the “MotorFist Asset Purchase Agreement”) by and among the Seller, MotorFist, Brad A. Ball, and Arctic Cat Sales Inc., a Minnesota corporation (that transaction, the “MotorFist
Acquisition”), (b) to waive the Existing Defaults, as defined below, and (c) to make certain amendments to the Loan Agreement in connection with the MotorFist Acquisition; and 

WHEREAS, MotorFist is willing to join the Loan Agreement as a Borrower pursuant to Section 10.1.9 of the Loan Agreement and has requested
and the Agent has agreed to join MotorFist as a Borrower to the Loan Agreement; 
 NOW, THEREFORE, in consideration of the mutual conditions
and agreements set forth in the Loan Agreement and this Amendment, and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 

ARTICLE I 
 DEFINITIONS

 Initially capitalized terms used but not otherwise defined in this Amendment have the respective meanings set forth in the Loan
Agreement, as amended hereby. 

  
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 ARTICLE II 

CONSENT, WAIVER, AND AMENDMENTS TO LOAN AGREEMENT 

2.01 Limited Consent. 

(a) The Borrowers have advised Agent and Lenders that MotorFist was formed as a wholly-owned Subsidiary of Arctic Cat Sales Inc., a Minnesota
corporation, and the Borrowers have consummated the MotorFist Acquisition pursuant to the terms and conditions of the MotorFist Asset Purchase Agreement. The Borrowers hereby acknowledge that, absent the consent set forth in this Section 2.01,
an Event of Default would occur under Section 11.1(c) of the Loan Agreement as a result of the MotorFist Acquisition, because (i) the MotorFist Acquisition is not permitted pursuant to Section 10.2.4 of the Loan Agreement, as the
Borrowers’ Fixed Charge Coverage Ratio (calculated on a trailing twelve-month basis) was not at least 1.10:1.00 prior to and immediately after giving effect to the MotorFist Acquisition (the “FCCR Requirement”), and
(ii) as a result of the failure to comply with the FCCR Requirement, the formation of MotorFist is not permitted pursuant to Section 10.2.9 of the Loan Agreement. The Borrowers hereby request that Agent and the Lenders consent to the
formation of MotorFist and the MotorFist Acquisition. 
 (b) Subject to the terms, conditions, and other restrictions set forth in this
Amendment, each of the Agent and the Lenders hereby consents to the formation of MotorFist and the MotorFist Acquisition in accordance with the MotorFist Asset Purchase Agreement, so long as the MotorFist Acquisition would have been, if the FCCR
Requirement were met, permitted pursuant to the Loan Agreement. 
 (c) The consent set forth in this Section 2.01 does not affect the
continued legality, validity, and binding effect of the Loan Agreement or the other Loan Documents. The Loan Agreement and the other Loan Documents continue to be fully enforceable in each case, except as expressly provided in this Amendment. The
consents set forth in this Section 2.01 are specifically limited in time and scope to the formation of MotorFist and the MotorFist Acquisition as described in this Amendment and do not extend or apply to any other event, occurrence or
circumstances in existence as of the date of this Amendment or arising after the date of this Amendment. In addition, the consent set forth in this Section 2.01 does not constitute or establish (and is not to be deemed to constitute or
establish) a custom or a practice on the part of Agent or any Lender and does not prejudice any right of Agent or any Lender in respect of any other proposed Subsidiary formation or Restricted Investment. 

2.02 Limited Waiver. 

(a) The Borrowers have advised Agent and Lenders that Arctic Cat (i) has abandoned the Patent Collateral (as defined in that certain
Patent Security Agreement dated as of November 10, 2009, by and between Arctic Cat and Agent, as amended, restated, supplemented or otherwise modified, the “Patent Agreement”) described in Section 2(c)(ii) of that certain
Fourth Amendment to Patent Security Agreement dated as of even date herewith, by and among Arctic Cat, Agent, and Required Lenders (the “Patent Amendment”), without obtaining the prior written consent of the Agent; (ii) has
obtained rights to the Patent Collateral described in Section 2(c)(i) of the Patent Amendment without giving Agent prompt written notice thereof; and (iii) has abandoned its Tigershark trademarks having the registration numbers of 1742252
and 1851415 without obtaining the prior written consent of the Agent (collectively, the “Noncompliance”). Borrowers acknowledge that, as a result of the above-mentioned actions and failures to act, Events of Default exist under
Section 11.1(c) of the Loan Agreement (collectively, the “Existing Defaults”). 

  
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 (b) The Agent and the Lenders hereby waive the Noncompliance and the Existing Defaults (such
waivers, collectively, the “Waiver”). Such Waiver is conditioned upon the terms and conditions set forth herein, shall be limited precisely as described herein and shall relate solely to the Noncompliance and the Existing Defaults
described herein. Nothing in this Amendment shall be construed to (i) constitute a waiver of compliance or default by the Borrowers with respect to the Loan Documents in any other instance or any other instrument or agreement referred to in the
Loan Documents; or (ii) prejudice any right or remedy that the Agent or any Lender may now have or may have in the future under or in connection with any Loan Document or any other instrument or agreement referred to therein. 

2.03 Amendment to Loan Agreement. The definition of “Eligible Account” set forth in Section 1.1 of the Loan
Agreement is hereby amended by inserting the following sentence immediately after the last sentence thereof: 
 “Without limiting the
generality of the foregoing, no Accounts owing to MotorFist, LLC, a Minnesota limited liability company, are Eligible Accounts.” 

2.04 Amendment to Loan Agreement Schedules. Schedules 1.1(A), 2.3, 8.5, 8.6.1, 9.1.4, 9.1.10, 9.1.11, 9.1.14, 9.1.15, 9.1.16(a),
9.1.16(b), 9.1.18, 9.1.20, 10.2.1, 10.2.2 and 10.2.16 to the Loan Agreement are hereby amended and restated in their entirety to read as set forth on Exhibit A attached hereto. 

ARTICLE III 
 JOINDER
AGREEMENT 
 3.01 Loan and Security Agreement. MotorFist agrees to, and does hereby, become a “Borrower” under
the Loan Agreement and is bound by the Loan Agreement and each of the other Loan Documents with the same force and effect as if it were an original party thereto. Each party hereto hereby acknowledges and agrees that each reference in the Loan
Agreement and each other Loan Document to a “Borrower” shall also mean and be a reference to MotorFist. 
 3.02
Guaranty. Without limiting the generality of the foregoing, subject to and in accordance with the terms and conditions of Section 5.10 of the Loan Agreement, MotorFist hereby agrees that it is jointly and severally liable and
absolutely and unconditionally guarantees to Agent and Lenders the prompt payment and performance of, all Obligations and all agreements under the Loan Documents. 

3.03 Security Interests. Without limiting the generality of the foregoing, MotorFist hereby grants to the Agent, for the benefit
of the Secured Parties, a continuing security interest in, lien on, assignment of and right of setoff against, all Collateral of MotorFist, whether now owned or hereafter acquired or arising, regardless of where located to secure the Obligations (as
defined in the Loan Agreement). 
 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 
 Each
Obligor hereby represents and warrants to each Lender and the Agent, as of the Second Amendment Effective Date (as such term is defined in Section 5.01 below), as follows: 

  
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 4.01 Representations and Warranties. After giving effect to this Amendment, the
representations and warranties set forth in Section 9 of the Loan Agreement and in each other Loan Document are true and correct in all material respects on and as of the date hereof and on and as of the Second Amendment Effective Date with the
same effect as if made on and as of the date hereof or the Second Amendment Effective Date, as the case may be, except to the extent such representations and warranties expressly relate solely to an earlier date. 

4.02 No Defaults. Each of the Obligors is in compliance with all terms and conditions of the Loan Agreement and the other Loan
Documents on its part to be observed and performed and no Default or Event of Default has occurred and is continuing. 
 4.03
Authority and Pending Actions. The execution, delivery, and performance by each Obligor of this Amendment has been duly authorized by each such Obligor (as applicable) and there is no action pending or any judgment, order, or decree in
effect which is likely to restrain, prevent, or impose materially adverse conditions upon the performance by any Obligor of its obligations under the Loan Agreement or the other Loan Documents. 

4.04 Enforceability. This Amendment constitutes the legal, valid, and binding obligation of each Obligor, enforceable against
each such Obligor in accordance with its terms, except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, moratorium, reorganization, or other similar laws affecting the enforcement of creditors’ rights or by
the effect of general equitable principles. 
 4.05 Breach; Conflicts. The execution, delivery, and performance by each
Obligor of this Amendment do not and will not conflict with, or constitute a violation or breach of, or result in the imposition of any Lien upon the property of such Obligor, by reason of the terms of (i) any contract, mortgage, lease,
agreement, indenture, or instrument to which such Obligor is a party or which is binding upon it, (ii) any Applicable Law with respect to such Obligor, or (iii) the certificate or articles of incorporation or by-laws or the limited
liability company or limited partnership agreement of such Obligor. 
 ARTICLE V 

CONDITIONS PRECEDENT AND FURTHER ACTIONS 

5.01 Conditions Precedent. The amendments contained in Article II and the joinder contained in Article III shall
not be effective or binding upon the Agent or the Lenders until each of the following conditions precedent has been satisfied in form and substance satisfactory to the Agent (the first date upon which each such condition has been satisfied being
herein called the “Second Amendment Effective Date”): 
 (a) The representations and warranties contained herein and in the
Loan Agreement, as amended hereby, shall be true and correct in all material respects as of the date hereof, as if made on such date, except for such representations and warranties limited by their terms to a specific date; 

(b) Agent shall have received duly executed counterparts of (i) this Amendment, which, when taken together, bear the authorized
signatures of the Borrowers, the Agent, and the Lenders, (ii) an amended and restated revolver note payable to order of JPMorgan Chase Bank, N.A., which, when taken together, bear the authorized signatures of the Borrowers, (iii) a third
amended and restated revolver note payable to the order of Bank of America, N.A., which, when taken together, bear the authorized signatures of the Borrowers, (iv) an amendment to the Pledge Agreement, which, when taken together, bear the
authorized signatures of Arctic Cat, Arctic Cat Sales Inc., and the Agent, (v) the Patent 

  
 4 

 
Amendment, which, when taken together, bear the authorized signatures of Arctic Cat, Agent, and the Required Lenders, and (vi) a Trademark Security Agreement, which, when taken together,
bear the authorized signatures of Motorfist and Agent; 
 (c) Agent shall have received acknowledgments of all filings or recordations
necessary to perfect its Liens in the Collateral of MotorFist, as well as UCC and Lien searches and other evidence satisfactory to Agent that such Liens are the only Liens upon the Collateral of MotorFist, except Permitted Liens; 

(d) Agent shall have received a certificate of a duly authorized officer of MotorFist certifying, after giving effect to this Amendment,
(i) that attached copies of MotorFist’s Organic Documents are true and complete, and in full force and effect, without amendment except as shown; (ii) that an attached copy of resolutions authorizing execution and delivery of this
Amendment is true and complete, and that such resolutions are in full force and effect, were duly adopted, have not been amended, modified or revoked, and constitute all resolutions adopted with respect to this credit facility; and (iii) to the
title, name and signature of each Person authorized to sign the Loan Documents. Agent may conclusively rely on this certificate until it is otherwise notified by MotorFist in writing; 

(e) Agent shall have received the certificates, if any, representing Equity Interests of MotorFist, and an undated stock power (or appropriate
transfer document) for each such certificate executed in blank by a duly authorized officer of Arctic Cat; 
 (f) Agent shall have received
copies of the charter documents of MotorFist, certified by the Secretary of State or other appropriate official of MotorFist’s jurisdiction of organization. Agent shall have received good standing certificates for MotorFist, issued by the
Secretary of State or other appropriate official of MotorFist’s jurisdiction of organization and each jurisdiction where MotorFist’s conduct of business or ownership of Property necessitates qualification; 

(g) The Obligors shall have paid to the Agent all fees, costs, and expenses owed to and/or incurred by the Agent and the Lenders in connection
with this Amendment; 
 (h) Agent shall have received such other documents, legal opinions, instruments, and certificates relating to this
Amendment as it shall reasonably request and such other documents, legal opinions, instruments, and certificates that shall be satisfactory in form and substance to the Agent and the Lenders. All corporate proceedings taken or to be taken in
connection with this Amendment and documents incidental thereto whether or not referred to herein shall be reasonably satisfactory in form and substance to the Agent and the Lenders; and 

(i) All proceedings taken in connection with the transactions contemplated by this Amendment and all documentation and other legal matters
incident thereto shall be satisfactory to the Agent in its sole and absolute discretion. 
 5.02 Further Actions. Each of the
parties to this Amendment agrees that at any time and from time to time upon the written request of any other party, it will execute and deliver such further documents and do such further acts and things as such other party may reasonably request in
order to effect the purposes of this Amendment. 

  
 5 

 ARTICLE VI 

COSTS AND EXPENSES 

Without limiting the terms and conditions of the Loan Documents, the Obligors jointly and severally agree to pay on demand: (i) all
reasonable costs and expenses incurred by the Agent in connection with the preparation, negotiation, and execution of this Amendment and the other Loan Documents executed pursuant to this Amendment and any and all subsequent amendments,
modifications, and supplements to this Amendment, including without limitation, the reasonable costs and fees of the Agent’s legal counsel; and (ii) all reasonable costs and expenses reasonably incurred by the Agent in connection with the
enforcement or preservation of any rights under the Loan Agreement, this Amendment, and/or the other Loan Documents, including without limitation, the reasonable costs and fees of the Agent’s legal counsel. 

ARTICLE VII 

MISCELLANEOUS 
 7.01
Cross-References. References in this Amendment to any Section are, unless otherwise specified, to such Section of this Amendment. 

7.02 Instrument Pursuant to Loan Agreement. This Amendment is a Loan Document executed pursuant to the Loan Agreement and shall
(unless otherwise expressly indicated herein) be construed, administered, and applied in accordance with the terms and provisions of the Loan Agreement. 

7.03 Acknowledgment of the Obligors. Each Obligor hereby represents and warrants that the execution and delivery of this
Amendment and compliance by such Obligor with all of the provisions of this Amendment: (i) are within the powers and purposes of such Obligor; (ii) have been duly authorized or approved by the board of directors (or other appropriate
governing body) of such Obligor; and (iii) when executed and delivered by or on behalf of such Obligor will constitute valid and binding obligations of such Obligor, enforceable in accordance with its terms. Each Obligor reaffirms its
obligations to perform and pay all amounts due to the Agent or the Lenders under the Loan Documents (including, without limitation, its obligations under any promissory note evidencing any of the Loans) in accordance with the terms thereof, as
amended and modified hereby. 
 7.04 Loan Documents Unmodified. Each of the amendments provided herein shall apply and be
effective only with respect to the provisions of the Loan Document specifically referred to by such amendments. Except as otherwise specifically modified by this Amendment, all terms and provisions of the Loan Agreement and all other Loan Documents,
as modified hereby, shall remain in full force and effect and are hereby ratified and confirmed in all respects. Nothing contained in this Amendment shall in any way impair the validity or enforceability of the Loan Documents, as modified hereby, or
alter, waive, annul, vary, affect, or impair any provisions, conditions, or covenants contained therein or any rights, powers, or remedies granted therein, except as otherwise specifically provided in this Amendment. Subject to the terms of this
Amendment, any lien and/or security interest granted to the Agent, for the benefit of the Lenders, in the Collateral set forth in the Loan Documents shall remain unchanged and in full force and effect and the Loan Agreement and the other Loan
Documents shall continue to secure the payment and performance of all of the Obligations. 
 7.05 Parties, Successors and Assigns.
This Amendment represents the agreement of the Borrowers, the Agent and each of the Lenders signatory hereto with respect to the subject matter hereof, and there are no promises, undertakings, representations, or warranties relative to the
subject matter 

  
 6 

 
hereof not expressly set forth or referred to herein or in the other Loan Documents. This Amendment shall be binding upon and inure to the benefit of Borrowers, Agent, Lenders, and their
respective successors and assigns, except that (i) no Borrower shall have the right to assign its rights or delegate its obligations under any Loan Documents; and (ii) any assignment by a Lender must be made in compliance with
Section 13.3 of the Loan Agreement. 
 7.06 Counterparts. This Amendment may be executed in counterparts, each of which
shall constitute an original, but all of which when taken together shall constitute a single contract. This Amendment shall become effective when all conditions precedent have been met and when the Agent has executed it and received counterparts
bearing the signatures of all other parties hereto. Delivery of a signature page of this Amendment by telecopy shall be effective as delivery of a manually executed counterpart of such agreement. This Amendment may be executed and delivered by
facsimile or electronic mail, and will have the same force and effect as manually signed originals. Any electronic signature, contract formation on an electronic platform and electronic record-keeping shall have the same legal validity and
enforceability as a manually executed signature or use of a paper-based recordkeeping system to the fullest extent permitted by Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act, or any similar state law based on the Uniform Electronic Transactions Act. 
 7.07
Headings. The headings, captions, and arrangements used in this Amendment are for convenience only, are not a part of this Amendment, and shall not affect the interpretation hereof. 

7.08 Waivers. To the fullest extent permitted by Applicable Law, each Borrower waives (a) the right to trial by jury
(which the Agent and each Lender hereby also waives) in any proceeding or dispute of any kind relating in any way to any Loan Documents (including this Amendment), Obligations, or Collateral; (b) presentment, demand, protest, notice of
presentment, default, non-payment, maturity, release, compromise, settlement, extension or renewal of any commercial paper, accounts, documents, instruments, chattel paper, and guaranties at any time held by the Agent on which a Borrower may in any
way be liable, and hereby ratifies anything the Agent may do in this regard; (c) notice prior to taking possession or control of any Collateral; (d) any bond or security that might be required by a court prior to allowing the Agent to
exercise any rights or remedies; (e) the benefit of all valuation, appraisement and exemption laws; (f) any claim against the Agent, Issuing Bank or any Lender, on any theory of liability, for special, indirect, consequential, exemplary,
or punitive damages (as opposed to direct or actual damages) in any way relating to any Enforcement Action, Obligations, Loan Documents or transactions relating thereto; and (g) notice of acceptance hereof. Each Borrower acknowledges that the
foregoing waivers are a material inducement to the Agent, Issuing Bank and Lenders entering into this Amendment and that the Agent, Issuing Bank and Lenders are relying upon the foregoing in their dealings with the Borrowers. Each Borrower has
reviewed the foregoing waivers with its legal counsel and has knowingly and voluntarily waived its jury trial and other rights following consultation with legal counsel. In the event of litigation, this Amendment may be filed as a written consent to
a trial by the court. 
 7.09 Choice of Law; Jury Trial Waiver; Submission to Jurisdiction. THIS AMENDMENT SHALL BE
GOVERNED BY THE LAWS OF THE STATE OF ILLINOIS, WITHOUT GIVING EFFECT TO ANY CONFLICT OF LAW PRINCIPLES (BUT GIVING EFFECT TO FEDERAL LAWS RELATING TO NATIONAL BANKS). EACH BORROWER HEREBY CONSENTS TO THE NON-EXCLUSIVE JURISDICTION OF ANY FEDERAL
OR STATE COURT SITTING IN OR WITH JURISDICTION OVER THE STATE OF ILLINOIS, IN ANY DISPUTE, ACTION, LITIGATION OR OTHER PROCEEDING RELATING IN ANY WAY TO ANY LOAN DOCUMENTS, AND AGREES THAT ANY DISPUTE, ACTION, LITIGATION OR

  
 7 

 
OTHER PROCEEDING SHALL BE BROUGHT BY IT SOLELY IN ANY SUCH COURT. EACH BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL CLAIMS, OBJECTIONS AND DEFENSES THAT IT MAY HAVE REGARDING ANY SUCH
COURT’S PERSONAL OR SUBJECT MATTER JURISDICTION, VENUE OR INCONVENIENT FORUM. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN
SECTION 14.3.1 OF THE LOAN AGREEMENT. A final judgment in any proceeding of any such court shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or any other manner provided by Applicable Law. Nothing herein
shall limit the right of the Agent or any Lender to bring proceedings against any Obligor in any other court, nor limit the right of any party to serve process in any other manner permitted by Applicable Law. Nothing in this Amendment shall be
deemed to preclude enforcement by the Agent of any judgment or order obtained in any forum or jurisdiction. 
 7.10 Severability.
Wherever possible, each provision of the Loan Documents shall be interpreted in such manner as to be valid under Applicable Law. If any provision is found to be invalid under Applicable Law, it shall be ineffective only to the extent of such
invalidity and the remaining provisions of the Loan Documents shall remain in full force and effect. 
 7.11 Total Agreement.
This Amendment, the Loan Agreement, and all other Loan Documents constitute the entire agreement, and supersede all prior understandings and agreements among the parties relating to the subject matter hereof. 

7.12 Release. IN CONSIDERATION OF THIS AMENDMENT, EACH OBLIGOR REPRESENTS AND WARRANTS THAT AS OF THE DATE HEREOF THERE ARE NO
KNOWN CLAIMS, OFFSETS, DEFENSES OR COUNTERCLAIMS TO ITS OBLIGATIONS UNDER THE LOAN DOCUMENTS, AND HEREBY WAIVES ANY AND ALL CLAIMS, OFFSETS, DEFENSES OR COUNTERCLAIMS, WHETHER KNOWN OR UNKNOWN, ARISING PRIOR TO THE DATE OF ITS EXECUTION OF THIS
AMENDMENT AND RELEASES AND DISCHARGES AGENT, EACH LENDER AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SHAREHOLDERS, AFFILIATES AND ATTORNEYS (COLLECTIVELY THE “RELEASED PARTIES”) FROM ANY AND ALL OBLIGATIONS,
INDEBTEDNESS, LIABILITIES, CLAIMS, RIGHTS, CAUSES OF ACTION OR DEMANDS WHATSOEVER, WHETHER KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, IN LAW OR EQUITY, WHICH SUCH OBLIGOR HAS OR MAY HAVE AGAINST ANY RELEASED PARTY ARISING PRIOR TO THE DATE HEREOF
AND FROM OR IN CONNECTION WITH THE LOAN DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY. 
 [Remainder of Page Intentionally Left Blank]

  
 8 

 IN WITNESS WHEREOF, the parties have executed and delivered this Amendment as of the day and year
first written above. 
  

			
	BORROWERS:
	
	ARCTIC CAT INC., a Minnesota corporation
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Chief Financial Officer
	
	ARCTIC CAT SALES INC., a Minnesota corporation
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Chief Financial Officer
	
	ARCTIC CAT PRODUCTION LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Chief Financial Officer
	
	ARCTIC CAT PRODUCTION SUPPORT LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Chief Financial Officer
	
	ARCTIC CAT SHARED SERVICES LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Chief Financial Officer
	
	MOTORFIST, LLC, a Minnesota limited liability company
		
	By:	 	 /s/ Christopher J. Eperjesy

	Name: Christopher J. Eperjesy
	Title:   Treasurer

 
					
	Notice Address for Borrowers:
		
		 	505 Waterford Park, Suite 1000
		 	505 N. Highway 169
		 	Plymouth, MN 55441
		 	Attn:	 	Christopher J. Eperjesy, CFO
		 	Telecopy:	 	763.354.1803

 
			
	BANK OF AMERICA, N.A.,
	as Agent and Lender
		
	By:	 	 /s/ Brian Conole

			
	Name:	 	Brian Conole
	Title:	 	Senior Vice President
	Address:	 	Bank of America Business Capital
		 	20975 Swenson Drive, Suite 200
		 	Waukesha, WI 53186
	Telecopy:	 	262.207.3347

 
			
	JPMORGAN CHASE BANK, N.A.,
	as Lender
		
	By:	 	 /s/ Ray Gage

	Name:	 	Ray Gage
	Title:	 	Authorized Officer

 EXHIBIT A 

SCHEDULE 1.1(A), 2.3, 8.5, 8.6.1, 9.1.4, 9.1.10, 9.1.11, 9.1.14, 

9.1.15, 9.1.16(a), 9.1.16(b), 9.1.18, 9.1.20, 10.2.1, 10.2.2 and 10.2.16 

to 
 Loan 

Agreement 

 EXHIBIT A 

Amended and Restated Schedules to the 

Amended and Restated Loan and Security Agreement 

 SCHEDULE 1.1(A) 

Foreign Account Debtors 
 AUSTRALIA

         PS Importers PTY Ltd. 

        20 Stubbs St. 

        Kensington, Australia 

AUSTRIA 

        HOLLEIS HANDELS GmbH 

        Saalfeldnerstrasse 41 

        A – 5751 Maishofen, AUSTRIA 

FINLAND 

        SUMEKO 

        The SGN Group 

        Juurakkokuja 4 

        FI-01510, Vantaa, FINLAND 

        STREET ADDRESS 

        The SGN Group 

        Juurakkokuja 4 

        FI-01510, Vantaa, FINLAND 

MEXICO 

        MOOV MEXICO S.A. de C.V. 

        Compressor No. 2237 Col. Alamo Industrial 

        Tlaquepaqua, Mexico 

NORWAY 

        ERLING SANDE A.S. 

        Ovre Eiker vei 77 

        3048 Drammen, NORWAY 

        Invoice Address 

        Erling Sande A/S 

        PO Box 4114, Gulskogen 

        3005 Drammen, NORWAY 

RUSSIA 

        SUMEKO RUSSIA 

        PO Box 15 

        FIN-02631, Espoo, FINLAND 

        STREET ADDRESS 

         Nihtisillankuja 6 

        FIN-02630, Espoo, FINLAND 

SWEDEN 

        KGK SUZUKI A.B 

        Sales and Administration 

        Hammarbacken 8 

        S-191 81 Sollentuna, SWEDEN 

        KGK SUZUKI A.B 

        Service and Warranty 

        Brosslarvagen 19b 

        831 72 Ostersund SWEDEN 

SWITZERLAND 

        SNOPE X S.A. 

        Via Molta 3 

        Belerna, 

        SWITZERLAND 

 SCHEDULE 2.3 

EXISTING LETTERS OF CREDIT 
  

							
	 Letter of Credit #
	  	 Beneficiary
	  	 Amount
	 
	 64604494
	  	Asahi Denso Co. Ltd.	  	$	476,567.21	  
	 64604496
	  	Suzuki Motor Corporation	  	$	617,537.97	  
	 64739741
	  	Chao Yang Electronic Components	  	$	41,928.93	  
	 68047654
	  	State of Minnesota	  	$	2,767,833.00	  

 SCHEDULE 8.5 

DEPOSIT ACCOUNTS 

ARCTIC CAT INC. 
  

					
	 Depository Bank
	  	 Type of Account
	  	 Account Numbers

	Wells Fargo	  	Arctic Cat Inc. Operating	  	#####
	Wells Fargo	  	Workers Comp.	  	#####
	Bank of America	  	Blocked Account	  	#####
	Bank of America	  	Blocked Account	  	#####
	Bank of America	  	Controlled Disbursement Account	  	#####
	Bank of America	  	Controlled Disbursement Account	  	#####
	Bank of America	  	N/A – Not Used	  	#####
	Bank of America	  	Self-Insured Workers Comp.	  	#####
	Bank of America	  	AC Shared Services LLC/ Payroll/ Payroll Taxes	  	#####
	Bank of America	  	AC Production Support LLC/ Payroll/Payroll Taxes	  	#####
	Bank of America	  	AC Production LLC/ Payroll / Payroll Taxes	  	#####
	Wells Fargo	  	Accounts Payable	  	#####

 ARCTIC CAT SALES INC. 
  

					
	 Depository Bank
	  	 Type of Account
	  	 Account Numbers

	Wells Fargo	  	General	  	#####
	Wells Fargo	  	Collateral Account Lockbox	  	#####
	Bank of America	  	Operating Account – Canada	  	#####
	Bank of America	  	Blocked Account	  	#####

 MOTORFIST, LLC 
  

					
	 Depository Bank
	  	 Type of Account
	  	 Account Numbers

	Wells Fargo	  	General (for Corp. Credit Cards)	  	#####
	Bank of America	  	Operating (CAD)	  	#####
	Bank of America	  	Operating (CAD)	  	#####

 SCHEDULE 8.6.1 

BUSINESS LOCATIONS 
  

	1.	Borrowers currently have the following business locations: 

  

			
	Chief Executive Office:  	  	505 Waterford Park, Suite 1000
		  	Plymouth, MN 55441
		
	Other Locations:	  	601 Brooks Avenue South
		  	Thief River Falls, Minnesota 56701
		
		  	817 Lowell Drive
		  	Thief River Falls, Minnesota 56701
		
		  	17440 U.S. Highway 59
		  	Thief River Falls, Minnesota 56701
		
		  	6801 Glen Carlson Drive
		  	St. Cloud, Minnesota 56301
		
		  	4567 North Highway 20
		  	Island Park, Idaho 83429
		
		  	215 Crossroads Boulevard
		  	Bucyrus, Ohio 44820
		  	57/59 Murray Park Rd.
		  	Winnipeg, Manitoba, Canada
		
		  	586 First Street
		  	Idaho Falls, Idaho 83401
		
		  	4116 N. 4800 E.
		  	Rigby, Idaho 83401
		
		  	Arctic Cat GmbH
		  	Industriestraße 43
		  	5600 St. Johann
		  	Pongau, Austria

  

	2.	In the five years preceding the date hereof, Borrowers have had no office or place of business located in any county other than as set forth above, except: NONE 

 

	3.	Each Obligor that is a Subsidiary currently has the following business locations, and no others: 

 Chief Executive Office: Same location as Arctic Cat Inc. 

Other Locations: All Obligors that are Subsidiaries are located at one of the business locations set forth above. 

 

	4.	In the five years preceding the date hereof, no Obligor that is a Subsidiary has had an office or place of business located in any county other than as set forth above, except: NONE 

 

	5.	The following bailees, warehouseman, similar parties and consignees hold inventory of a Borrower: 

  

					
	 Name and Address of Party
	  	 Nature of Relationship
	  	 Owner of Inventory

	 Big Freight Systems, Inc.

360 Highway 12 North

Steinbach, Manitoba

R5G 1A6

Canada
	  	Warehouseman	  	Arctic Cat Sales Inc.
			
	 De Lue Haulers

6377 Knickerbocker Road

Ontario, New York 14159
	  	Warehouseman	  	Arctic Cat Sales Inc.
			
	 Ruan Transport Corporation

7101 Winnetka Avenue

Brooklyn Park, Minnesota

55428
	  	Warehouseman	  	Arctic Cat Sales Inc.
			
	 Superior Third Party

Logistics, Inc.

1700 Wynne Avenue

St. Paul, Minnesota 55108
	  	Warehouseman	  	Arctic Cat Sales Inc.
			
	 Porter Warehousing & Distribution, Inc.

15703-114th Ave

Edmonton, Alberta

T5M 2Z3

Canada
	  	Warehouseman	  	MotorFist, LLC

 SCHEDULE 9.1.4 

NAMES AND CAPITAL STRUCTURE 
  

	1.	The corporate names, jurisdictions of incorporation, and authorized and issued Equity Interests of each Borrower and Subsidiary are as follows: 

 

							
	 Name
	  	 Jurisdiction
	  	 Number and Class

of Authorized Shares/
Membership Units
	  	 Number and Class of
Issued Shares/

Membership Units

	Arctic Cat Inc.	  	Minnesota	  	45,000,000 shares of Common Stock; 2,200,000 shares of undesignated Preferred Stock; 300,000 shares of Series B Junior Participating Preferred Stock	  	 13,446,302 shares of
 Common
Stock;
 0 shares of undesignated Preferred Stock; 0 shares of Series B Preferred Stock

				
	Arctic Cat Sales Inc.	  	Minnesota	  	50,000	  	1,000
				
	Arctic Cat Production LLC	  	Minnesota	  	1,000	  	1,000
				
	Arctic Cat Production Support LLC	  	Minnesota	  	1,000	  	1,000
				
	Arctic Cat Shared Services LLC	  	Minnesota	  	1,000	  	1,000
				
	Arctic Cat ACE Holding GmbH	  	Austria	  	 Registered Capital of EUR
 35,000
	  	N/A
				
	Arctic Cat GmbH	  	Austria	  	 Registered Capital of EUR
 1,313,700
	  	N/A
				
	ARCTIC CAT France SARL	  	France	  	N/A	  	N/A
				
	ARCTIC CAT Deutschland GmbH	  	Germany	  	N/A	  	N/A
				
	ARCTIC CAT Italia S.R.L.	  	Italy	  	N/A	  	N/A
				
	ARCTIC CAT España S.L.	  	Spain	  	N/A	  	N/A
				
	MotorFist, LLC	  	Minnesota	  	100	  	100

  

	2.	The record holders of Equity Interests of each Borrower and Subsidiary are as follows: 

  

							
	 Name
	  	 Class of Stock
	  	 Number of Shares/

Membership Units
	  	 Record Owner

	Arctic Cat Inc.	  	Common Stock	  	13,446,302	  	Publicly traded company

							
	 Name
	  	 Class of Stock
	  	 Number of Shares/

Membership Units
	  	 Record Owner

		  	Preferred Stock	  	0	  	None.
				
	Arctic Cat Sales Inc.	  	Common stock	  	1,000	  	Arctic Cat Inc.
				
	Arctic Cat Production LLC	  	Membership interest	  	1,000	  	Arctic Cat Inc.
				
	Arctic Cat Production Support LLC	  	Membership interest	  	1,000	  	Arctic Cat Inc.
				
	Arctic Cat Shared Services LLC	  	Membership interest	  	1,000	  	Arctic Cat Inc.
				
	Arctic Cat ACE Holding GmbH	  	Capital Stock	  	N/A	  	Arctic Cat Sales Inc.
				
	Arctic Cat GmbH	  	Capital Stock	  	N/A	  	 Arctic Cat ACE Holding
 GmbH

				
	ARCTIC CAT France SARL	  		  	N/A	  	Arctic Cat GmbH
				
	ARCTIC CAT Deutschland GmbH	  		  	N/A	  	Arctic Cat GmbH
				
	ARCTIC CAT Italia S.R.L.	  		  	N/A	  	Arctic Cat GmbH
				
	ARCTIC CAT España S.L.	  		  	N/A	  	Arctic Cat GmbH
				
	MotorFist, LLC	  	Membership Interest	  	100	  	Arctic Cat Sales Inc.

  

	3.	All agreements binding on holders of Equity Interests of Borrowers and Subsidiaries with respect to such interests are as follows: 

Arctic Cat Inc. 2007 Omnibus Stock and Incentive Plan 

Form of Incentive Stock Option Agreement for 2007 Stock Plan 

Form of Non-Qualified Stock Option Agreement for 2007 Stock Plan 

Form of Director Non-Qualified Stock Option Agreement for 2007 Stock Plan 

First Amendment to Arctic Cat Inc. 2007 Omnibus Stock and Incentive Plan (August 7, 2009) Arctic Cat Inc. 2002 Omnibus Stock and Incentive Plan

 Form of Incentive Stock Option Agreement for 2002 Stock Plan 

 Form of Non-Qualified Stock Option Agreement for 2002 Stock Plan 

Form of Director Non-Qualified Stock Option Agreement for 2002 Stock Plan 

Form of Arctic Cat Inc. Stock-Settled Appreciation Rights Agreement 

Form of Arctic Cat Inc. Restricted Stock Agreement 

Member Control Agreement of MotorFist, LLC, dated February 18, 2015, by and between MotorFist, LLC and Arctic Cat Sales Inc. 

Arctic Cat Inc. 2013 Omnibus Stock and Incentive Plan 

Form of Incentive Stock Option Agreement for 2013 Stock Plan 

Form of Non-Qualified Stock Option Agreement for 2013 Stock Plan 

Form of Director Non-Qualified Stock Option Agreement for 2013 Stock Plan 

Form of Arctic Cat Inc. Restricted Stock Unit Agreement (separate for officers and non-employee directors) for 2013 Stock Plan 

 

	4.	In the five years preceding the date hereof, no Borrower or Subsidiary has acquired any substantial assets from any other Person nor been the surviving entity in a merger or combination except: 

MotorFist, LLC, a Minnesota limited liability company (“Buyer”) and wholly owned subsidiary of Arctic Cat Sales Inc., a Minnesota
corporation (“Parent”), purchased substantially all the assets of MotorFist, LLC, an Idaho limited liability company (“Seller), pursuant to that certain Asset Purchase Agreement, dated as of February 25, 2015, by and among Buyer,
Seller, with respect to certain specified provisions, Brad A. Ball, as Member, and solely with respect to Section 6.13 of the Asset Purchase Agreement, Parent. 

 SCHEDULE 9.1.10 

BROKERS 
 NONE. 

 SCHEDULE 9.1.11 

PATENTS, TRADEMARKS, COPYRIGHTS, LICENSES, AND DOMAIN NAMES 

 

	1.	As of 15 April 2015, Borrowers’ patents: 

  

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App.
Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Adjustable Headlight	  	U.S.	  	10/262,756	  	 Filed:
 10/1/2002; Issue Date:
11/29/2005
	  	6,969,184	  	 Expires 10/01/2022.
 11.5 Maintenance Fee Due
05/29/2017.
	  	 Arctic
 Cat Inc.

							
	Adjustable Riser Assembly	  	U.S.	  	11/680,454	  	 Filed:
 2/28/2007;

Issue Date: 3/26/2013
	  	8,402,861	  	 Expires 04/8/2030.
 3.5 Year Maintenance Fee
Due 09/26/2016;
 7.5 Year Maintenance Fee Due 09/26/2020;

11.5 Year
 Maintenance Fee

Due 09/26/2024.
	  	 Arctic
 Cat Inc.

							
	Adjustable Seat Assembly	  	U.S.	  	11/680,481	  	 Filed:
 2/28/2007

Issue Date: 05/31/2011
	  	7,950,736	  	 Expires 04/15/2027.
 3.5 Year Maintenance Fee
Due 5/31/2015;
 7.5 Year Maintenance Fee Due 11/30/2018;

11.5 Year
 Maintenance Fee

Due 11/30/2022.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Adjustable Steering Assembly	  	U.S.	  	11/740,228	  	 Filed:
 4/25/2007;

Issue Date
 07/10/2012
	  	8,215,201	  	 Expires 02/05/2030.
 3.5 Year Maintenance
Fee Due 01/10/2016;
 7.5 Year Maintenance Fee Due 01/10/2020;

11.5 Year
 Maintenance Fee

Due 01/10/2024.
	  	 Arctic
 Cat Inc.

							
	Adjustable Steering Assembly	  	U.S.	  	13/495,886	  	 Filed:
 6/13/2012;

Issue Date
 02/26/2013
	  	8,381,611	  	 Expires 04/25/2027.
 3.5 Year
Maintenance Fee Due 08/26/2016;
 7.5 Year Maintenance Fee Due 08/26/2020;

11.5 Year
 Maintenance Fee

Due 08/26/2024.
	  	 Arctic
 Cat Inc.

							
	Air Intake System for a Vehicle	  	U.S.	  	10/007,222	  	 Filed:
 11/2/2001

Issue Date:
 11/29/2005
	  	6,968,916	  	 Expires 11/20/2021. 11.5 Maintenance
 Fee
Due
 5/29/2017.
	  	 Arctic
 Cat Inc.

							
	Clutch Shield	  	U.S.	  	10/269,703	  	 Filed:
 10/10/2002

Issue Date: 3/8/2005
	  	6,863,145	  	Expires 11/23/2022. 11.5 Maintenance Fee Due 09/08/2016.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Drive Clutch Fan for CVT Transmission	  	U.S.	  	13/408,781	  	 Filed: 02/29/2012
 Issue Date:
07/15/2014
	  	8,776,930	  	 Expires: 3/16/2032;
 3.5 Year
Maintenance Fee Due 1/15/2018;
 7.5 Year Maintenance Fee Due 1/15/2022;

11.5 Year Maintenance Fee Due 1/15/2026.
	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	Pending	  	Filed: 02/25/2012	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Dual Cam Surface Clutch	  	U.S.	  	10/947,733	  	 Filed:
 9/23/2004

Issue Date: 5/2/2006
	  	7,037,226	  	 Expires 10/01/2022.
 11.5
Maintenance Fee Due 11/02/2017.
	  	 Arctic
 Cat Inc.

							
	Redacted – “Exhaust Outlet” technology	  	US	  	pending	  	pending	  	pending	  	In draft form but not yet filed	  	 Arctic
 Cat Inc.

							
	Foam Padded Seat with Storage Space	  	U.S.	  	10/283,383	  	 Filed: 10/29/2002
 Issue Date: 9/5/2006
	  	7,100,979	  	 Expires 10/29/2022.
 11.5 Maintenance Fee
Due 03/05/2018.
	  	 Arctic
 Cat Inc.

							
	Fuel Tank for a Straddle-Mounted Vehicle	  	U.S.	  	10/134,719	  	 Filed:
 4/29/2002

Issue Date: 7/6/2004
	  	6,758,497	  	 Expires 06/20/2022.
 11.5 Maintenance Fee
Due 06/06/2016.
	  	 Arctic
 Cat Inc.

							
	Grooved Oil Pan for Use with a Snowmobile	  	U.S.	  	10/122,430	  	 Filed:
 4/11/2002

Issue Date: 8/2/2005
	  	6,923,283	  	 Expires 05/19/2023.
 11.5 Maintenance Fee
Due 02/02/2017.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Layered Snowmobile Tunnel	  	US	  	13/028,993	  	 Filed:
 2/16/2011

Issue Date: 09/10/2013
	  	8,528,683	  	 Expires: 08/15/2031
 3.5 Maintenance Fee
Due 03/10/2017;
 7.5 Maintenance Fee due 03/10/2021; 11.5 Maintenance

Fee Due
 03/10/2025
	  	 Arctic
 Cat Inc.

							
	Ignition Timing Control System	  	U.S.	  	10/454,861	  	 Filed: 6/5/2003 Issue Date:
 10/4/2005
	  	6,951,203	  	 Expires 06/05/2023.
 11.5 Maintenance
Fee Due 04/04/2017.
	  	 Arctic
 Cat Inc.

							
	Idler Wheel Assembly for Snowmobile	  	U.S.	  	13/307,758	  	 Filed: 11/30/2011
 Issue Date:
05/27/2014
	  	8,733,490	  	 Expires: 11/30/2031;
 3.5 Year Maintenance
Fee Due 11/27/2017;
 7.5 Year Maintenance Fee Due 11/27/2021;

11.5 Year Maintenance
 Fee Due

11/27/2025.
	  	 Arctic
 Cat Inc.

							
	Idler Wheel Assembly for Snowmobile	  	Canada	  	Pending	  	 Filed:
 10/25/2011
	  	Pending	  	Maintenance Fee Due 10/25/2015; Request for Examination Due 10/25/2017.	  	 Arctic
 Cat Inc.

							
	Integral Bumper and Skid Plate	  	U.S.	  	10/215,785	  	 Filed:
 8/8/2002

Issue Date:
 5/10/2005
	  	6,890,010	  	 Expires
 12/17/2022; 11.5 Maintenance

Fee Due
 11/10/2016.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Integral Bumper and Skid Plate	  	Canada	  	2411314	  	 Filed: 11/6/2002
 Issue Date:
12/30/2008
	  	2411314	  	 Annual
 Maintenance Fee Due 11/06/2015.
	  	 Arctic
 Cat Inc.

							
	Internal Combustion Engine with Pneumatically Controlled Variable Exhaust Valve	  	U.S.	  	09/312,574	  	 Filed: 5/14/1999
 Issue Date: 4/17/2001
	  	6,216,648	  	Expires 05/14/2019.	  	 Arctic
 Cat Inc.

							
	Linked Suspension System for a Vehicle	  	U.S.	  	10/008,455	  	 Filed:
 11/2/2001

Issue Date: 12/20/2005
	  	6,976,689	  	Expires 7/22/2022. 11.5 Maintenance Fee Due 06/20/2017.	  	 Arctic
 Cat Inc.

							
	Linked Suspension System for a Vehicle	  	Canada	  	2361044	  	 Filed: 11/2/2001
 Issue Date: 12/5/2006
	  	2,361,044	  	 Expires 11/2/2021.
 Annual Maintenance Fee Due
11/02/2015.
	  	 Arctic
 Cat Inc.

							
	Low Noise Track Profile	  	U.S.	  	10/373,601	  	 Filed:
 2/24/2003

Issue Date: 8/2/2005
	  	6,923,515	  	 Expires 02/24/2023. 11.5 Maintenance
 Fee
Due
 02/02/2017.
	  	 Arctic
 Cat Inc.

							
	Low Noise Track Profile	  	Europe	  	4445014.6	  	 Filed: 2/20/2004
 Issue Date: 1/10/2007
	  	1449750	  	 Expires
 02/20/2024.
	  	 Arctic
 Cat Inc.

							
	Low Noise Track Profile	  	 Europe-
 Finland
	  	1449750	  	 Filed: 1/10/2007
 Issue Date: 1/10/2007
	  	195449750	  	Expires 02/20/2024. Annual Maintenance Fees Due 02/28/2016.	  	 Arctic
 Cat Inc.

							
	Low Noise Track Profile	  	 Europe-
 Sweden
	  	1449750	  	 Filed: 4/5/2007 Issue Date:
 1/10/2007
	  	1449750	  	Expires 02/20/2024. Annual Maintenance Fees Due 02/28/2016.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Low Noise Track Profile	  	Canada	  	2457290	  	 Filed: 2/11/2004
 Issued Date:
12/20/2010
	  	2457290	  	 Annual
 Maintenance Fee Due 02/11/2016.
	  	 Arctic
 Cat Inc.

							
	Multi-Location Fuel Injection System	  	U.S.	  	11/143,884	  	 Filed: 6/2/2005 Issue Date:
 1/30/2007
	  	7,168,401	  	 Expires 06/02/2025
 11.5 Maintenance Fee Due
7/30/2018.
	  	 Arctic
 Cat Inc.

							
	 Redacted:
 “skidframe”
technology
	  	US	  	14/109,760	  	Filed: 12/17/2013	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	 Redacted:
 “skidframe”
technology
	  	PCT	  	PCT/US14/70669	  	Filed: 12/16/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Position-Sensitive Shock Absorber	  	U.S.	  	10/373,606	  	 Filed: 2/24/2003
 Issue Date:
11/22/2005
	  	6,966,412	  	 Expires 02/24/2023.
 11.5 Maintenance Fee Due
05/22/2017.
	  	 Arctic
 Cat Inc.

							
	Regulator Bearing Mount	  	U.S.	  	10/172,577	  	 Filed: 6/13/2002
 Issue Date: 1/18/2005
	  	6,843,603	  	Expires 06/13/2022. 11.5 Maintenance Fee Due 7/18/2016.	  	 Arctic
 Cat Inc.

							
	Reversible Rear Axle Mount	  	U.S.	  	10/093,249	  	 Filed: 3/6/2002 Issue Date:
 7/13/2004
	  	6,761,236	  	 Expires 7/04/2022.
 11.5 Maintenance Fee Due
01/13/2016.
	  	 Arctic
 Cat Inc.

							
	Seating System Configurable Between One-Person to Two- Person Configurations, and Method for Configuring Same	  	U.S.	  	09/579,614	  	 Filed: 5/26/2000
 Issue Date:

12/10/2002
	  	6,491,124	  	Expires 05/26/2020.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Snowmobile Air Box Assembly	  	U.S.	  	10/290,844	  	 Filed: 11/7/2002
 Issue Date: 9/5/2006
	  	7,100,730	  	 Expires 10/08/2023.
 11.5 Maintenance Fee Due
3/5/2018.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Air Box Assembly	  	U.S.	  	11/424,793	  	 Filed: 6/16/2006
 Issue Date: 5/6/2008
	  	7,367,418	  	 Expires 12/04/2022.
 7.5 Maintenance Fee Due
11/06/2015;
 11.5 Maintenance Fee Due 11/06/2019.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Drive Track	  	U.S.	  	10/786,583	  	 Filed: 2/23/2004
 Issue Date: 9/9/2008
	  	7,422,295	  	 Expires 2/23/2004.
 7.5 Maintenance Fee Due
03/09/2016;
 11.5 Maintenance Fee Due 03/09/2020.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Drive Track	  	Canada	  	2458321	  	Filed: 2/23/2004	  	Pending	  	 Annual
 Maintenance Fee Due 02/23/2016.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Drive Track with Double Angled Lugs (Power Claw)	  	U.S.	  	11/840,093	  	 Filed: 8/16/2007
 Issue Date: 5/11/2010
	  	7,712,846	  	 Expires 09/20/2024
 7.5 Maintenance Fee Due
11/11/2017;
 11.5 Maintenance Fee Due 11/11/2021.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Exhaust Exit	  	U.S.	  	10/948,964	  	 File: 9/24/2004
 Issue Date: 9/13/2005
	  	6,942,052	  	 Expires 09/24/2024; 11.5 Maintenance Fee Due

03/13/2017.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Snowmobile Exhaust Exit	  	Canada	  	2520794	  	 Filed: 9/23/2005
 Issue Date: 9/2/2008
	  	2,520,794	  	Expires 09/23/2025; Annual Maintenance Fee Due 09/23/2016.	  	 Arctic
 Cat Inc.

							
	Snowmobile Planetary Drive System	  	U.S.	  	09/843,587	  	 Filed: 4/26/2001
 Issue Date:

6/21/2005
	  	6,907,951	  	 Expires
 08/15/2020.

11.5 Maintenance
 Fee Due

12/21/2016.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Planetary Drive System	  	U.S.	  	09/966,926	  	 Filed: 9/27/2001
 Issue Date: 6/1/2004
	  	6,742,618	  	Expires 03/07/2020. 11.5 Maintenance Fee Due 12/1/2015.	  	 Arctic
 Cat Inc.

							
	Snowmobile Planetary Drive System	  	U.S.	  	10/859,394	  	 Filed: 6/1/2004 Issue Date:
 6/20/2006
	  	7,063,639	  	 Expires 03/07/2020.
 11.5 Maintenance Fee Due
12/20/2017.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Remote Ignition System	  	U.S.	  	10/353,281	  	 Filed: 1/28/2003
 Issue Date: 3/29/2005
	  	6,871,624	  	 Expires 01/28/2023.
 11.5 Maintenance

Fee Due
 09/29/2016.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Remote Ignition System	  	U.S.	  	11/091,188	  	 Filed: 03/28/2005
 Issue Date:
11/28/2006
	  	7,140,338	  	 Expires 01/28/2023.
 11.5 Maintenance Fee Due
05/28/2018.
	  	 Arctic
 Cat Inc.

							
	Snowmobile Track Suspension	  	U.S.	  	11/061,117	  	 Filed: 2/18/2005
 Issue Date: 4/22/2008
	  	7,360,618	  	 Expires 4/27/2026;
 7.5 year Maintenance Fee due
10/22/2015;
 11.5 year Maintenance Fee due 10/22/2019.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Snowmobile Tunnel and Rear Heat Exchanger	  	U.S.	  	10/953,940	  	 Filed: 9/29/2004
 Issue Date: 2/12/2008
	  	7,328,765	  	 Expires 01/06/2023; 7.5 Maintenance Fee Due 08/12/2015;

11.5 Maintenance Fee Due 08/12/2019
	  	 Arctic
 Cat Inc.

							
	Snowmobile Tunnel and Rear Heat Exchanger	  	U.S.	  	11/680,465	  	 Filed: 2/28/2007
 Issue Date:

08/24/2010
	  	7,779,944	  	 Expires 07/02/2026;
 7.5 Maintenance Fee Due
02/24/2018;
 11.5 Maintenance Fee Due 02/24/2022
	  	 Arctic
 Cat Inc.

							
	Staggered Ski Skag	  	U.S.	  	10/439,640	  	 Filed: 5/16/2003
 Issue Date: 2/10/2009
	  	7,487,974	  	 Expires 05/16/2023; 7.5 Maintenance
 Fee Due
8/10/2016;
 11.5 Maintenance Fee Due 08/10/2020
	  	 Arctic
 Cat Inc.

							
	Staggered Ski Skag	  	Canada	  	2467319	  	 Filed: 5/14/2004
 Issued:

10/04/2011
	  	2467319	  	 Annual
 Maintenance Fee Due 05/14/2015.
	  	 Arctic
 Cat Inc.

							
	Steering Post for Recreational Vehicle	  	U.S.	  	10/290,847	  	 Filed: 11/7/2002
 Issue Date: 4/17/2007
	  	7,204,497	  	Expires 02/16/2023. 11.5 Maintenance Fee Due 10/17/2018.	  	 Arctic
 Cat Inc.

							
	Temperature-Controlled Fuel Injection System or Two-Stoke Engine	  	U.S.	  	11/185,912	  	 Filed: 7/20/2005
 Issue Date: 8/21/2007
	  	7,258,107	  	Expires 05/07/2023. 11.5 Maintenance Fee Due 02/21/2019.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Three-Point Engine Mount	  	U.S.	  	10/224,858	  	 Filed: 8/20/2002
 Issue Date: 8/1/2006
	  	7,083,024	  	 Expires 08/20/2022.
 11.5 Maintenance Fee Due
02/01/2018.
	  	 Arctic
 Cat Inc.

							
	Two-Cycle Engine with Exhaust Temperature- Controlled Ignition Timing	  	U.S.	  	09/452,657	  	 Filed: 12/1/1999
 Issue Date: 5/29/2001
	  	6,237,566	  	Expires 12/1/2019.	  	 Arctic
 Cat Inc.

							
	Two-Cycle Engine with Exhaust Temperature- Controlled Ignition Timing	  	U.S.	  	09/568,449	  	 Filed: 5/10/2000
 Issue Date: 4/16/2002
	  	6,371,082	  	Expires 12/1/2019.	  	 Arctic
 Cat Inc.

							
	Two-Cycle Engine with Exhaust Temperature- Controlled Ignition Timing	  	U.S.	  	10/123,773	  	 Filed: 4/16/2002
 Issue Date: 4/22/2003
	  	6,550,450	  	Expires 12/1/2019.	  	 Arctic
 Cat Inc.

							
	Two-Cycle Engine with Exhaust Temperature- Controlled Ignition Timing	  	Canada	  	2322738	  	Filed: 10/10/2000 Issue Date: 2/18/2003	  	2322738	  	Expires 10/10/2020. Annual Maintenance Fees Due 10/10/2015.	  	 Arctic
 Cat Inc.

							
	U-Joint Progressive Steering Arrangement	  	U.S.	  	11/680,487	  	 Filed: 2/28/2007
 Issue Date:

11/17/2009
	  	7,617,900	  	 Expires 11/03/2027.
 7.5 Maintenance Fee Due
05/17/2017;
 11.5 Maintenance Fee Due
 05/17/2021
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Vehicle Tracking Control System	  	U.S.	  	11/061,317	  	 Filed: 2/18/2005
 Issue Date: 5/20/2008
	  	7,374,188	  	 Expires 11/08/2025; 7.5 year Maintenance fee due 11/20/2015;

11.5 year Maintenance fee due 11/20/2019.
	  	 Arctic
 Cat Inc.

							
	HELMET WITH INTEGRATED HEAD LIGHT	  	U.S.	  	11/061,371	  	 Filed: 2/17/2005
 Issue Date:

10/19/2010
	  	7,814,578	  	 Expires 1/30/2027;
 7.5 year Maintenance Fee due
4/19/2014
 11.5 year Maintenance Fee due 4/19/2022
	  	 Arctic
 Cat Inc.

							
	HELMET WITH VENTILATION FOR FOG MANAGEMENT AND RESPIRATION	  	U.S.	  	09/778,832	  	 Filed: 2/8/2001
 Issue Date: 7/30/2002
	  	6,425,143	  	Expires 2/8/2021;	  	 Arctic
 Cat Inc.

							
	HELMET WITH VENTILATION FOR FOG MANAGEMENT AND RESPIRATION	  	Canada	  	2,336,548	  	 Filed: 2/14/2001
 Issue Date:

12/15/2009
	  	2336548	  	 Annual
 Maintenance Fee due 2/14/2015
	  	 Arctic
 Cat Inc.

							
	Partially Redacted “speedrack lock” technology	  	U.S.	  	Pending	  	Unfiled	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	All-Terrain Vehicle Engine Configuration	  	U.S.	  	11/129,069	  	Filed: 05/12/2005 Issue Date: 10/21/2008	  	7,438,153	  	 Expires 11/27/2025;
 7.5 Maintenance

Fee Due 04/21/2016;
 11.5 Maintenance Fee Due 04/21/2020
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	All-Terrain Vehicle Reverse Gear Protection	  	U.S.	  	11/119,410	  	Filed: 04/28/2005 Issue Date: 9/9/2008	  	7,422,545	  	 Expires 04/11/2026. 7.5 Maintenance
 Fee Due
03/09/2016;
 11.5 Maintenance Fee Due 03/09/2020
	  	 Arctic
 Cat Inc.

							
	All-Terrain Vehicle Reverse Gear Protection	  	Canada	  	2545209	  	 Filed: 4/27/2006
 Issue Date:

08/18/2009
	  	2545209	  	 Annual
 Maintenance Fee Due 04/27/2016.
	  	 Arctic
 Cat Inc.

							
	Axle Nut Retainer	  	U.S.	  	13/603,188	  	 Filed: 09/04/2012
 Issue Date:
02/10/2015
	  	8,950,824	  	 Expires 05/23/2033;
 3.5-Year Maintenance Fee
Due 08/10/2018;
 7.5-Year Maintenance Fee Due 8/10/2022;

11.5-Year Maintenance Fee Due 08/10/2026.
	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	Pending	  	Filed: 03/03/2015	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Compact Steering Mechanism	  	U.S.	  	13/452,085	  	 Filed: 04/20/2012
 Issue Date:
04/29/2014
	  	8,708,358	  	 Expires: 04/20/2032;
 3.5 Maintenance Fee Due
10/29/2017;
 7.5 Maintenance Fee Due 10/29/2021;
 11.5
Maintenance Fee Due 10/29/2025.
	  	 Arctic
 Cat Inc.

							
	Compact Steering Mechanism	  	Canada	  	2813156	  	Filed: 04/17/2013	  	Pending	  	 Maintenance
 Fee Due 04/17/2016; Request for
Examination Due 04/17/2018.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Coupler Axle	  	U.S.	  	12/881,349	  	 Filed: 09/14/2010
 Issued:

03/05/2013
	  	8,388,457	  	 Expires: 02/03/2031;
 3.5 Maintenance Fee Due
09/05/2016;
 7.5 Maintenance Fee Due 09/05/2020;
 11.5
Maintenance Fee Due 09/05/2024.
	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	13/948,007	  	Filed: 07/22/2013	  	Pending	  	Waiting on Action from U.S. Patent Office.	  	 Arctic
 Cat Inc.

							
	ECU Limiter	  	U.S.	  	13/460,588	  	 Filed: 04/30/2012
 Issue Date:
08/26/2014
	  	8,818,570	  	 Expires: 5/9/2032;
 3.5 Year Maintenance Fee Due
2/26/2018;
 7.5 Year Maintenance Fee Due 2/26/2022;
 11.5 Year
Maintenance Fee Due 2/26/2026.
	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	2814465	  	Filed: 04/29/2013	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Speed Limiter via Gauge Interface	  	U.S.	  	13/829,039	  	Filed: 03/14/2013	  	Pending	  	Waiting on Action from U.S. Patent Office.	  	 Arctic
 Cat Inc.

							
	Redacted	  	PCT	  	PCT/US14/22025	  	Filed: 03/07/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Engine Configuration for a Vehicle	  	Sweden	  	000433487	  	 Filed: 11/10/2005
 Issue Date:
3/16/2006
	  	000433487	  	Expires 11/10/2030. Maintenance Fee Due 11/10/2015.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

	Integrated Safety Net for Vehicle	  	U.S.	  	13/333,282	  	 Filed: 12/21/2011
 Issued: 06/18/2013
	  	8,465,050	  	 Expires: 12/21/2031;
 3.5 Maintenance Fee Due
12/18/2016;
 7.5 Maintenance Fee Due 12/18/2020;
 11.5
Maintenance Fee Due 12/18/2024.
	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	Pending	  	Filed: 10/22/2012	  	Pending	  	Maintenance Fee Due 10/22/2015	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	13/829,129	  	Filed: 03/14/2013	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Redacted	  	PCT	  	PCT/US14/22051	  	Filed: 03/07/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	13/775,133	  	Filed: 02/23/2013	  	Pending	  	Waiting on Action from U.S. Patent Office.	  	 Arctic
 Cat Inc.

							
	Redacted	  	PCT	  	PCT/US14/17269	  	Filed: 2/20/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Redacted	  	Taiwan	  	103105878	  	Filed: 2/21/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Speedrack	  	U.S.	  	10/172,531	  	 Filed: 06/13/2002
 Issue Date:
5/16/2006
	  	7,044,526	  	 Expires 10/06/2022.
 11.5 Maintenance Fee Due
11/16/2017.
	  	 Arctic
 Cat Inc.

							
	Seat/Rack/Box (e.g., TRV)	  	U.S.	  	11/112,980	  	 Filed: 04/22/2005
 Issued: 12/21/2010
	  	7,854,460	  	 Expires 09/18/2025.
 7.5 Maintenance Fee Due
06/21/2018.
 11.5 Maintenance Fee Due 06/21/2022
	  	 Arctic
 Cat Inc.

							
	Speedrack	  	Canada	  	2427706	  	 Filed: 05/05/2003
 Issue Date:
07/19/2011
	  	2427706	  	Maintenance Fee Due 05/05/2015.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

							
	Seat/Rack/Box (e.g., TRV)	  	Canada	  	2541084	  	Filed: 03/27/2006	  	Pending	  	 Annual Maintenance Fee
 Due 03/27/2016.
	  	 Arctic
 Cat Inc.

							
	Multi-Link Rear Suspension for Vehicle	  	U.S.	  	13/454,954	  	 Filed: 04/24/2012
 Issue Date:
07/01/2015
	  	8,764,039	  	 Expires: 4/24/2032;
 3.5 Year Maintenance Fee
Due 1/1/2018;
 7.5 Year Maintenance Fee Due 1/1/2022;
 11.5
Year Maintenance Fee Due 1/1/2026.
	  	 Arctic
 Cat Inc.

							
	Multi-Link Rear Suspension for Vehicle	  	Canada	  	2813589	  	Filed: 04/22/2013	  	Pending	  	Maintenance Fee Due 04/22/2015; Request for Examination Due 04/22/2018.	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	14/475,359	  	Filed: 09/02/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Power Distribution Module for Personal Recreational Vehicle	  	U.S.	  	10/283,427	  	 Filed: 10/29/2002
 Issue Date: 7/4/2006
	  	7,072,188	  	 Expires 10/29/2022.
 11.5 Maintenance Fee Due
01/04/2018.
	  	 Arctic
 Cat Inc.

							
	Power Distribution Module for Personal Recreational Vehicle	  	U.S.	  	11/427,280	  	 Filed: 06/28/2006
 Issue Date: 9/2/2008
	  	7,420,822	  	Expires 10/22/2022. 7.5 Maintenance Fee Due 3/2/2016; 11.5 Maintenance Fee Due 3/2/2020	  	 Arctic
 Cat Inc.

							
	Power Distribution Module for Personal Recreational Vehicle	  	U.S.	  	12/188,010	  	 Filed: 08/07/2008
 Issue Date: 7/7/2009
	  	7,558,079	  	Expires 6/28/2026. 7.5 Maintenance Fee Due 1/7/2017; 11.5 Year Maintenance Fee Due 1/7/2021.	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

							
	Recreational Vehicle Locking Differential	  	U.S.	  	10/434,518	  	Filed: 05/07/2003 Issue Date: 3/28/2005	  	7,018,317	  	 Expires 05/07/2023.
 11.5 Maintenance

Fee Due
 09/28/2017.
	  	 Arctic
 Cat Inc.

							
	Recreational Vehicle Locking Differential	  	Europe	  	04445055.9	  	 Filed: 05/07/2004
 Issue Date:

03/31/2010
	  	1475264	  	Expires on 5/7/2024	  	 Arctic
 Cat Inc.

							
	Recreational Vehicle Locking Differential	  	Europe-Germany	  	1475264	  	Issue Date: 3/31/2010	  	60 2004 026 244.7-08	  	Annual Maintenance Fee Due 05/31/2015.	  	 Arctic
 Cat Inc.

							
	Recreational Vehicle Locking Differential	  	Europe-France	  	1475264	  	Issue Date: 3/31/2010	  	1475264	  	Annual Maintenance Fee Due 05/31/2015.	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	14/245,901	  	Filed: 04/04/2014	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	Pending	  	Filed: 04/01/2015	  	Pending	  	Redacted	  	 Arctic
 Cat Inc.

							
	2-Up ATV	  	U.S.	  	10/415,704	  	 Filed: 08/11/2003
 Issue Date:

6/29/2010
	  	7,743,864	  	 Expires 10/28/2023.
 7.5 Maintenance Fee Due
12/29/2017.
 11.5 Maintenance Fee Due 12/29/2021
	  	 Arctic
 Cat Inc.

							
	2-Up ATV	  	Canada	  	2,421,281	  	 Filed: 07/31/2002
 Issue Date:

7/15/2008
	  	2,421,281	  	Expires on 7/31/2022; Annual Maintenance Fee Due 07/31/2015.	  	 Arctic
 Cat Inc.

							
	Textured All-Terrain Vehicle Fenders	  	U.S.	  	11/018,516	  	 Filed: 12/20/2004
 Issued Date:
3/2/2010
	  	7,669,678	  	 Expires 9/2/2027.
 7.5 Maintenance Fee Due
9/2/2017;
 11.5 Maintenance Fee Due 9/2/2021.
	  	 Arctic
 Cat
Inc.

													
	 Patent Name
	  	 Country
	  	 U.S./Foreign
Patent App. Serial
No.
	  	 Date

Filed/Issue Date
	  	 Patent/Reg. No.
	  	 Status
	  	 Owner

							
	Redacted	  	U.S.	  	29/446,446	  	Filed: 02/23/2013	  	Pending	  	Waiting on Action from U.S. Patent Office.	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	Pending	  	Filed: 08/21/2013	  	Pending	  	Waiting on Action from Canadian Patent Office.	  	 Arctic
 Cat Inc.

							
	Redacted	  	Europe	  	2294934	  	 Filed: 08/22/2013
 Issue Date:
11/12/2013
	  	002294934-001	  	Maintenance Fee Due 08/22/2018	  	 Arctic
 Cat Inc.

							
	Redacted	  	U.S.	  	13/485,696	  	Filed: 05/31/2012	  	Pending	  	Waiting on Action from U.S. Patent Office.	  	 Arctic
 Cat Inc.

							
	Redacted	  	Canada	  	2817233	  	Filed: 05/29/2013	  	Pending	  	 Maintenance Fee Due 05/29/2015;
 Request for
Examination Due 05/29/2018.
	  	 Arctic
 Cat Inc.

							
	Winch Switch	  	U.S.	  	10/172,301	  	 Filed: 06/13/2002
 Issue Date:
7/13/2004
	  	6,762,377	  	 Expires 06/13/2022.
 11.5 Maintenance

Fee Due
 01/13/2016.
	  	 Arctic
 Cat Inc.

							
	Controlled Thrust Steering System for WC	  	U.S.	  	10/439/568	  	 Filed: 5/16/03 Issue Date:
 9/21/04
	  	6,793,545	  	Current	  	Arctic Cat Inc.

 All redacted items deal with pending or in process but not yet filed patents. 

 

	2.	As of 15 April 2015, Borrowers’ trademarks: 

  

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

	 ARCTIC CAT®
	  	Argentina	  	1609717	  	08/01/96	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Australia	  	672240	  	02/07/97	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 ARCTIC CAT®
	  	Brazil	  	819100692	  	09/05/00	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	174456	  	02/12/71	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Chile	  	919830	  	05/31/11	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	China	  	5443533	  	06/24/06	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	European Community	  	252965	  	09/01/98	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	India	  		  	08/19/11	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Kazakhstan	  	36808	  	07/22/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Madrid Protocol (Norway, Russian Federation, Ukraine)	  	1044269	  	06/18/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	New Zealand	  	253452	  	03/06/97	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Turkey	  	2010/32835	  	05/18/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	2178018	  	08/04/98	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Venezuela	  	P-196956	  	05/07/97	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	549733	  	08/13/01	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	2293113	  	11/16/99	  	Arctic Cat Inc.
					
	 ARCTIC CIRCLETM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 2007
	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	Canada	  	445426	  	07/11/95	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	European Community	  	274688	  	06/10/98	  	Arctic Cat Inc.
					
	 BLACK MAGICTM
	  	Madrid Protocol (European Community)	  	1019137	  	10/17/09	  	Arctic Cat Inc.
					
	 BLACK MAGICTM
	  	USA	  	3765245	  	03/23/10	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 Cat’s Head Logo
	  	European Community	  	5256318	  	08/14/06	  	Arctic Cat Inc.
					
	 DRVTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of First Use -
 2/16/2006
	  	Arctic Cat Inc.
					
	 DURAMATICTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of First Use -
 6/18/1999
	  	Arctic Cat Inc.
					
	 DVXTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of First Use -
 07/2003
	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	Canada	  	1366432	  	10/04/07	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	Kazakhstan	  	36809	  	07/22/10	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	Kazakhstan	  	59297	  	08/24/12	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	 Madrid Protocol
 (European Community, Norway,
Russian Federation, Turkey, Ukraine)
	  	941 684	  	10/12/07	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	USA	  	4,208,167	  	09/18/12	  	Arctic Cat Inc.
					
	 HDXTM
	  	USA - Common Law	  	COMMON LAW	  	Date of first use – 06/2010	  	Arctic Cat Inc.
					
	 MUDPROTM
	  	USA	  	4021076	  	09/16/11	  	Arctic Cat Inc.
					
	 PROWLER®
	  	Canada	  	404557	  	11/06/92	  	Arctic Cat Inc.
					
	 PROWLER®
	  	European Community	  	4291341	  	02/16/05	  	Arctic Cat Inc.
					
	 PROWLERTM
	  	USA	  	78/468,096	  	08/16/04	  	Arctic Cat Inc.
					
	 SBS 1000TM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 06/2001
	  	Arctic Cat Inc.
					
	 SPEEDPOINTTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 2006
	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 SPEEDRACK®
	  	Canada	  	688210	  	05/24/07	  	Arctic Cat Inc.
					
	 SPEEDRACK®
	  	European Community	  	4032769	  	07/24/06	  	Arctic Cat Inc.
					
	 SPEEDRACK®
	  	USA	  	3081671	  	04/18/06	  	Arctic Cat Inc.
					
	 TBXTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 03/2001
	  	Arctic Cat Inc.
					
	 THUNDERCATTM
	  	USA	  	3915903	  	2/8/2011	  	Arctic Cat Inc.
					
	 TRV®
	  	Canada	  	631714	  	02/01/05	  	Arctic Cat Inc.
					
	 TRV®
	  	USA	  	2861288	  	07/06/04	  	Arctic Cat Inc.
					
	 WILDCATTM
	  	USA	  	85/308,858	  	04/29/11	  	Arctic Cat Inc.
					
	 WILDCAT
	  	USA	  	85/979,276	  	04/29/11	  	Arctic Cat Inc.
					
	 WORLD CLASS ALL TERRAIN VEHICLESTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 1995
	  	Arctic Cat Inc.
					
	 XTTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 6/2005
	  	Arctic Cat Inc.
					
	 XTXTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 6/2007
	  	Arctic Cat Inc.
					
	 XTZTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 06/2008
	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	174456	  	02/12/71	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	549733	  	08/13/01	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	China	  	5443632	  	06/24/06	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	China	  	5443540	  	06/24/06	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	China	  	5443539	  	06/24/06	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	China	  	5443538	  	06/24/06	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	European Community	  	252965	  	09/01/98	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 ARCTIC CAT®
	  	Finland	  	126273	  	05/12/93	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	Kazakhstan	  	36808	  	07/22/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Norway	  	97973	  	01/06/77	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Sweden	  	251508	  	09/10/93	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Turkey	  	2008 18254	  	09/17/09	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	1647837	  	06/18/91	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	2293113	  	11/16/99	  	Arctic Cat Inc.
					
	 ARCTIC CIRCLETM
	  	USA - Common Law	  	COMMON LAW	  	Date of first use - 2007	  	Arctic Cat Inc.
					
	 ARCTICWEAR®
	  	Canada	  	320909	  	11/21/86	  	Arctic Cat Inc.
					
	 ARCTICWEAR®
	  	Madrid Protocol	  	1044730	  	06/30/10	  	Arctic Cat Inc.
					
	 ARCTIC WEARTM
	  	Kazakhstan	  	13207	  	07/22/10	  	Arctic Cat Inc.
					
	 ARCTICWEAR®
	  	USA	  	1113183	  	02/13/79	  	Arctic Cat Inc.
					
	 A WHOLE DIFFERENT ANIMALTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 09/06/1995
	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	Canada	  	445426	  	07/11/95	  	Arctic Cat Inc.
					
	 BLACK MAGICTM
	  	USA	  	85/207,420	  	12/29/10	  	Arctic Cat Inc.
					
	 BLACK MAGIC®
	  	Canada	  	424434	  	03/04/94	  	Arctic Cat Inc.
					
	 BLACK MAGIC (STYLIZED)®
	  	USA	  	1701656	  	07/21/92	  	Arctic Cat Inc.
					
	 CATMASTER®
	  	Canada	  	432159	  	08/26/94	  	Arctic Cat Inc.
					
	 CATMASTER®
	  	USA	  	1828332	  	03/29/94	  	Arctic Cat Inc.
					
	 EL TIGRE®
	  	Canada	  	416555	  	09/10/93	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	Canada	  	1366432	  	10/04/07	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	Kazakhstan	  	36809	  	07/22/10	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 AIR CAT LogoTM
	  	Kazakhstan	  	59297	  	08/24/12	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	Madrid Protocol	  	941 684	  	10/12/07	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	USA	  	4,208,167	  	10/03/07	  	Arctic Cat Inc.
					
	 DRIFT RACING
	  	USA	  	85/899,316	  	04/09/13	  	Arctic Cat Inc.
					
	 GONE

WHEELINTM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 06/2007
	  	Arctic Cat Inc.
					
	 MISCELLANEOUS DESIGN (Cat’s
Head)®
	  	Canada	  	312714	  	03/28/86	  	Arctic Cat Inc.
					
	 MISCELLANEOUS DESIGN (Cat’s
Head)®
	  	European Community	  	5256318	  	08/14/06	  	Arctic Cat Inc.
					
	 MISCELLANEOUS DESIGN (Cat’s
Head)®
	  	USA	  	1789501	  	08/24/93	  	Arctic Cat Inc.
					
	 MUDPROTM
	  	USA	  	77/917,274	  	01/21/10	  	Arctic Cat Inc.
					
	 PANTERA®
	  	Canada	  	440026	  	03/03/95	  	Arctic Cat Inc.
					
	 PROWLER®
	  	Canada	  	404557	  	11/06/92	  	Arctic Cat Inc.
					
	 RIDETM
	  	USA - Common Law	  	COMMON LAW	  	 Date of first use -
 07/2002
	  	Arctic Cat Inc.
					
	 SNO PRO®
	  	Canada	  	396002	  	03/20/92	  	Arctic Cat Inc.
					
	 SNO PRO®
	  	USA	  	1770179	  	05/11/93	  	Arctic Cat Inc.
					
	 SNO PRO®
	  	USA	  	1777672	  	06/22/93	  	Arctic Cat Inc.
					
	 SNO-CROSS®
	  	USA	  	1642895	  	04/30/91	  	Arctic Cat Inc.
					
	 SPEEDRACK®
	  	Canada	  	688210	  	05/24/07	  	Arctic Cat Inc.
					
	 SPEEDRACK®
	  	European Community	  	4032769	  	07/24/06	  	Arctic Cat Inc.
					
	 SPEEDRACK®
	  	USA	  	3081671	  	04/18/06	  	Arctic Cat Inc.
					
	 TEAM ARCTIC®
	  	Canada	  	440022	  	03/03/95	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 TEAM ARCTIC®
	  	USA	  	1654873	  	08/27/91	  	Arctic Cat Inc.
					
	 THUNDERCAT®
	  	European Community	  	330,126	  	08/21/06	  	Arctic Cat Inc.
					
	 THUNDERCATTM
	  	USA	  	3915903	  	2/8/2011	  	Arctic Cat Inc.
					
	 WILDCAT®
	  	Canada	  	384243	  	05/10/91	  	Arctic Cat Inc.
					
	 ZR®
	  	USA	  	1803563	  	11/09/93	  	Arctic Cat Inc.
					
	 ZR®
	  	Canada	  	422490	  	05/05/95	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Argentina	  	1609717	  	08/01/96	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Australia	  	672240	  	02/07/97	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Brazil	  	819100692	  	09/05/00	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	174456	  	02/12/71	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Canada	  	549733	  	08/13/01	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	European Community	  	252965	  	09/01/98	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Finland	  	126273	  	05/12/93	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	France	  	1641564	  	01/31/91	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Japan	  	3182998	  	07/31/96	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	Kazakhstan	  	36808	  	07/22/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	New Zealand	  	253452	  	03/06/97	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	Norway	  	97973	  	01/06/77	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	2178018	  	08/04/98	  	Arctic Cat Inc.
					
	 ARCTIC CATTM
	  	Turkey	  	2010/32835	  	05/18/10	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	865633	  	03/04/69	  	Arctic Cat Inc.
					
	 ARCTIC CAT®
	  	USA	  	2293113	  	11/16/99	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 ARCTIC CAT®
	  	Venezuela	  	P-196956	  	05/07/97	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	Australia	  	672238	  	02/07/97	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	Canada	  	445426	  	07/11/95	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	European Community	  	274688	  	06/10/98	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	Finland	  	141862	  	12/20/95	  	Arctic Cat Inc.
					
	 BEARCAT®
	  	USA	  	1982860	  	06/25/96	  	Arctic Cat Inc.
					
	 BLACK MAGIC (STYLIZED)®
	  	USA	  	1701656	  	07/21/92	  	Arctic Cat Inc.
					
	 BLACK MAGIC®
	  	Canada	  	424434	  	03/04/94	  	Arctic Cat Inc.
					
	 Cat’s Head Logo®
	  	European Community	  	5256318	  	08/14/06	  	Arctic Cat Inc.
					
	 CHEETAH®
	  	USA	  	1010674	  	05/13/75	  	Arctic Cat Inc.
					
	 COUGAR®
	  	Canada	  	413602	  	06/18/93	  	Arctic Cat Inc.
					
	 COUGAR®
	  	USA	  	1661623	  	10/22/91	  	Arctic Cat Inc.
					
	 EL TIGRE®
	  	Canada	  	416555	  	09/10/93	  	Arctic Cat Inc.
					
	 EL TIGRE®
	  	USA	  	1643544	  	05/07/91	  	Arctic Cat Inc.
					
	 EXT®
	  	Canada	  	401342	  	08/14/92	  	Arctic Cat Inc.
					
	 EXT®
	  	USA	  	1651429	  	07/23/91	  	Arctic Cat Inc.
					
	 FIRECAT®
	  	Canada	  	614638	  	07/12/04	  	Arctic Cat Inc.
					
	 FIRECAT®
	  	European Community	  	3013703	  	11/18/04	  	Arctic Cat Inc.
					
	 FIRECAT®
	  	USA	  	2779647	  	11/04/03	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	Canada	  	1366432	  	10/04/07	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	Kazakhstan	  	36809	  	07/22/10	  	Arctic Cat Inc.
					
	 AIR CAT LogoTM
	  	Kazakhstan	  	59297	  	08/24/12	  	Arctic Cat Inc.
					
	 AIR CAT Logo®
	  	Madrid Protocol	  	941 684	  	10/12/07	  	Arctic Cat Inc.

									
	 Mark
	  	 Country
	  	 Reg/Appl

No.
	  	 Filing/

Issue Date
	  	 Owner

					
	 AIR CAT LogoTM
	  	USA	  	4,208,167	  	09/18/12	  	Arctic Cat Inc.
					
	 JAG®
	  	Canada	  	434873	  	10/28/94	  	Arctic Cat Inc.
					
	 JAG®
	  	USA	  	1166432	  	08/25/81	  	Arctic Cat Inc.
					
	 KITTY CAT®
	  	Canada	  	339037	  	04/08/88	  	Arctic Cat Inc.
					
	 LYNX®
	  	Canada	  	231675	  	02/02/79	  	Arctic Cat Inc.
					
	 LYNX®
	  	USA	  	1097348	  	07/25/78	  	Arctic Cat Inc.
					
	 MOUNTAIN CAT (STYLIZED)®
	  	Canada	  	378910	  	01/25/91	  	Arctic Cat Inc.
					
	 PANTERA®
	  	Canada	  	440026	  	03/03/95	  	Arctic Cat Inc.
					
	 PANTERA®
	  	USA	  	1167171	  	09/01/81	  	Arctic Cat Inc.
					
	 PANTHER®
	  	Canada	  	176503	  	06/04/71	  	Arctic Cat Inc.
					
	 PANTHER®
	  	USA	  	890813	  	05/12/70	  	Arctic Cat Inc.
					
	 PROWLER®
	  	Canada	  	404557	  	11/06/92	  	Arctic Cat Inc.
					
	 PROWLER®
	  	USA	  	1548214	  	07/18/89	  	Arctic Cat Inc.
					
	 PUMA®
	  	Canada	  	184776	  	08/11/72	  	Arctic Cat Inc.
					
	 SNO PRO®
	  	European Community	  	1752328	  	02/11/02	  	Arctic Cat Inc.
					
	 SNO PRO®
	  	USA	  	2514374	  	12/04/01	  	Arctic Cat Inc.
					
	 THUNDERCAT®
	  	Canada	  	410832	  	04/09/93	  	Arctic Cat Inc.
					
	 THUNDERCAT®
	  	USA	  	1762029	  	03/30/93	  	Arctic Cat Inc.
					
	 WILDCAT®
	  	Canada	  	384243	  	05/10/91	  	Arctic Cat Inc.
					
	 Z®
	  	Canada	  	436104	  	11/25/94	  	Arctic Cat Inc.
					
	 ZR®
	  	Canada	  	422490	  	05/05/95	  	Arctic Cat Inc.
					
	 ZR®
	  	USA	  	1803563	  	11/09/93	  	Arctic Cat Inc.

									
	 

	  	USA	  	01/10/2012	  	4083865	  	MotorFist, LLC
					
	 

	  	USA	  	07/26/2011	  	4003834	  	MotorFist, LLC
					
	 

	  	USA	  	12/28/2010	  	3897819	  	MotorFist, LLC
					
	 

	  	Canada	  	05/02/2012	  	TMA823192	  	MotorFist, LLC
					
	 MOTOR FIST
	  	 Registered
  

[Designated countries: China, European Union, Japan and Norway. Mark refused in Russia*.]
	  	03/07/2012	  	1120480	  	MotorFist, LLC
					
	 

	  	 Registered
  

[Designated countries: China, European Union, Japan and Norway. Mark refused in Russia.]
	  	12/07/2009	  	1024837	  	MotorFist, LLC

 Domain names owned by Arctic Cat Inc.: 

arctic-cat.com 
 arcticcat.com 

arcticcatauction.com 
 arcticcatmiddleofnowhere. com 

arcticmiddleofnowhere.com 
 visitmiddleofnowhere.com 

visitthemiddleofnowhere.com 
 whatsnowmobilingsallabout.com 

worldsfastestsnowmobile.com 
 worldsfastestsnowmobiles.com 

driftracing.com 

 Domain names owned by MotorFist, LLC 

MOTORFIST.COM 
 MOTORFIST.US 

MOTOFIST.COM 
 MOTORFIST.INFO 

MOTORFIST.MOBI 
 MOTORFIST.NET 

MOTORFIST.ORG 
 MOTORFISTCANADA.COM 

MTRFIST.COM 
 SNOMOBILINGISNOTACRIME.COM 

	3.	Borrowers’ copyrights: 

  

									
	 Copyright
	 	 Owner
	 	 Status in Copyright Office
	 	 Federal

Registration No.
	 	 Registration Date

	American national standard for four wheel, two person tandem all-terrain vehicles	 	Herman P. Christopherson; Arctic Cat, Inc.; Bombardier Recreational Products, Inc.	 	Active	 	TX0006104504	 	02/27/05
					
	American national standard for four wheel, two person tandem all-terrain vehicles; standard / Created by Herman P. Christopherson	 	Herman P. Christopherson; Arctic Cat, Inc.; Bombardier Recreational Products, Inc.	 	Active	 	V3520 D372 P1	 	02/27/05
					
	General warning label	 	Arctic Cat, Inc.; Bombardier Recreational Products, Inc.; Applied Safety and Ergonomics, Inc.	 	Active	 	VA0001299029	 	02/02/05
					
	General warning label & 2 other titles; drawings	 	 Applied Safety & Ergonomics,
 Inc.; Arctic
Cat, Inc.; Bombardier Recreational Products, Inc.
	 	Active	 	V3520D523P1	 	02/02/05
					
	Passenger label	 	Arctic Cat, Inc.; Bombardier Recreational Products, Inc.; Applied Safety and Ergonomics, Inc.	 	Active	 	VA0001301470	 	02/02/05
					
	Rack label	 	Arctic Cat, Inc.; Bombardier Recreational Products, Inc.	 	Active	 	VA0001302456	 	02/02/05

									
	 Copyright
	 	 Owner
	 	 Status in Copyright Office
	 	 Federal

Registration No.
	 	 Registration Date

					
	Rack label; drawing / Created by Arctic Cat, Inc.	 	Arctic Cat, Inc.; Bombardier Recreational Products, Inc.	 	Active	 	V3520 D524 P1	 	02/02/05

	4.	Borrowers’ and Subsidiaries’ licenses (other than routine business licenses, authorizing them to transact business in local jurisdictions): 

 

							
	 Licensor
	 	 Description of License
	 	 Term of License
	 	 Royalties Payable

				
	Raymond Schoenfelder	 	Technology license for drive train system for snowmobiles	 	Until terminated	 	$3.00 per unit; minimum of $20,000
				
	Bombardier Recreational Products Inc. of Valcourt, Quebéc, Canada	 	Bombardier/ Suzuki/ Arctic Cat Cross License Agreement for the use of BRP’s 2 stroke engine electronic reverse technology.	 	Until the expiration of the relevant patents, unless sooner terminated.	 	None; in exchange for this license, Arctic granted a similar license for certain Arctic technology to Bombardier.
				
	Aisin Seiki Co. Ltd.	 	License Agreement for the use of Aisin Seiki’s Engines	 	Until the expiration of the relevant patent	 	$1.00 per unit.

  

	5.	Intellectual Property Claims 

 Bombardier Recreational Products v. Arctic Cat Inc. and Arctic
Cat Sales, Court File No. T-2025-11 (Canada) 
 Bombardier Recreational Products v. Arctic Cat Inc. and Arctic Cat Sales, Court
File No. 1:11-cv-08897 (District of Minnesota) 

 SCHEDULE 9.1.14 

ENVIRONMENTAL MATTERS 

NONE. 

 SCHEDULE 9.1.15 

RESTRICTIVE AGREEMENTS 

NONE 

 SCHEDULE 9.1.16(a) 

LITIGATION 
  

	1.	Bombardier Recreational Products v. Arctic Cat Inc. and Arctic Cat Sales, Court File No. T-2025-11 (Canada) 

  

	2.	Bombardier Recreational Products v. Arctic Cat Inc. and Arctic Cat Sales, Court File No. 1:11-cv-08897 (District of Minnesota) 

 

	3.	Arctic Cat, Inc. et al v. Polaris Industries Inc. et al. Case No. 0:13-cv-03579-JRT-FLN (District of Minnesota) 

 SCHEDULE 9.1.16(b) 

Commercial Tort Claims 
  

	1.	Driveline Systems, LLC v. Arctic Cat Inc., Case No. 08-CV-50154 (N.D.Ill) (USA) 

  

	2.	Arctic Cat Inc. v. Bombardier Recreational Products Inc., Civil File No. 12-CV-02692 (JRT-LIB) (D. Minn) (USA) 

  

	3.	Arctic Cat Inc. v. Bombardier Recreational Products Inc., Court File No. T-2025-11 (Federal Court) (Canada) 

  

	4.	Arctic Cat, Inc. et al v. Polaris Industries Inc. et al. Case No. 0:13-cv-03579-JRT-FLN (District of Minnesota) 

 SCHEDULE 9.1.18 

PENSION PLAN DISCLOSURES 

NONE 

 SCHEDULE 9.1.20 

LABOR CONTRACTS 
  

	1.	Borrowers and Subsidiary Obligors are party to the following collective bargaining agreements, management agreements and material consulting agreements: 

NONE 

 SCHEDULE 10.2.1 

PERMITTED CONTINGENT OBLIGATIONS 

NONE 

 SCHEDULE 10.2.2 

EXISTING LIENS 
 Lien on machinery
and equipment located on real property in Stearns County, Minnesota in favor of the City of St. Cloud, Minnesota. 

 SCHEDULE 10.2.16 

EXISTING AFFILIATE TRANSACTIONS 

NONE

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