Document:

Exhibit

From: SORIN 
To : Mr. Piero Vecchi 
Milan, 20th of June 2008

Dear Piero,
		
	1.
	We herewith confirm that effective date 1st of July 2008 Sorin Biomedica Cardio transfers your Dirigente (Executive) employment contract to Sorin Spa.

		
	2.
	From this date you perform subordinated work for Sorin Spa under following terms

		
	•
	Status: Dirigente (Executive) 

		
	•
	Job title: VP, Group Controller

		
	•
	Workplace: Milan

		
	•
	Annual gross salary: 104.679,00 € paid  in 14 monthly payslip 

You will be eligible to receive an annual bonus payment of 20% of your annual gross salary. The bonus plan is based upon achievement of your individual objectives. 
We will separately communicate your Company ID number written down in Company Registration book.
Your working terms not mentioned in this letter are disciplinated in Industrial Dirigenti (Executive) Collective Agreement: holidays, bank holidays, notice period etc.
		
	3.
	You will keep your Dirigente (Executive) status starting date as 1st of June, 2008 related to Seniority benefits.

In particular we specify that Sorin Biomedica Cardio srl transferred your entire severance pay (TFR) accrued until 30th of June 2008 to Sorin Spa. 

		
	4.
	Your role as Dirigente (Executive) includes the possibility to cover - without any other further compensation – additional roles in other Companies directly or non directly controlled, in Italy or abroad.

Remuneration for these additional roles will be paid directly from other Companies to this Company. Compensation written above in this letter already includes other roles’compensation.

Please give back to this Company a copy signed of this agreement letter for acceptance 
Kind regards,
_____________________EX-10.20

 Exhibit 10.20 

AMENDMENT TO LEASE AGREEMENT 

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR THE REDACTED PORTIONS OF THIS AGREEMENT, WHICH ARE DENOTED BY ***. A COMPLETE COPY OF THIS
AGREEMENT, INCLUDING THE REDACTED PORTIONS, HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. 
 THIS AMENDMENT TO
LEASE AGREEMENTS (this “Amendment”) is made as of the 23rd day of November 2015 by and between NORFOLK SOUTHERN RAILWAY COMPANY, a Virginia corporation (the “Landlord”) and JOHNSTOWN AMERICA CORP, a
Pennsylvania corporation (the “Tenant”). 
 RECITALS: 

A. WHEREAS Landlord and Tenant entered into that certain Lease Agreement dated December 20, 2004 for approximately 11.6 acres of
real property and certain improvements located thereon located in Roanoke, Virginia, all as more particularly described in the Lease Agreement (the “Track 1 Premises”), which Lease Agreement has been amended by that certain First
Amendment to Lease Agreement dated as of December 1, 2005, that certain Second Amendment to Lease Agreement dated as of February 1, 2008 (as so amended, the “Track 1 Lease”), and that certain Third Amendment to Lease
Agreement dated as of October 11, 2012. 
 B. WHEREAS Landlord and Tenant entered into that certain Lease Agreement dated
September 1, 2006 for approximately 3.9 acres of real property and certain improvements located thereon located in Roanoke, Virginia, all as more particularly described in the Lease Agreement (the “Track 2 Premises”), which
Lease Agreement has been amended by that certain First Amendment to Lease Agreement dated as of February 1, 2008 (as so amended, the “Track 2 Lease”), and that certain Second Amendment to Lease Agreement dated as of
October 11, 2012. 
 C. WHEREAS Landlord and Tenant entered into that certain Lease Agreement dated February 15,2008 for
approximately 47,000 square feet of space in the southern end of the Foundry Building located in Roanoke, Virginia (the “Foundry Premises,” and collectively with the Track 1 Premises and the Track 2 Premises, the “Leased
Premises”), all as more particularly described in the Lease Agreement (the “Foundry Lease,” each of the Track 1 Lease, the Track 2 Lease and the Foundry Lease are individually referred to as a “Lease,” and
collectively, the “Leases”) and that certain Second Amendment to Lease Agreement dated as of October 11, 2012. 
 D.
WHEREAS Landlord and Tenant have agreed to amend the Track 1 Lease, the Track 2 Lease and the Foundry Lease as hereinafter provided. All capitalized terms not specifically defined herein shall have the meanings given or ascribed to them in
the specified lease. 
 NOW THEREFORE, in consideration of the mutual agreements hereinafter contained, and for $10.00 and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows: 
 1.
Base Rental. Commencing as of the 1st day of December, 2015, and expiring at midnight on the 31st day of December, 2024, Base
Rental for the Leased Premises shall be payable as set forth on Exhibit A attached hereto and made a part hereof, and Section 3 of each Lease is hereby amended accordingly. 

2. Counterparts. This Amendment may be executed on any number of separate counterparts and all of said counterparts taken
together shall be deemed to constitute one and the same instrument. 

 3. Governing Law. This amendment is governed by and shall be construed under the
laws of the Commonwealth of Virginia. 
 4. Effect of Amendment. Except as herein specifically amended, each Lease shall
remain in full force and effect. 
 [SIGNATURE PAGE TO FOLLOW] 

  
 2 

 IN WITNESS WHEREOF, the parties hereto have executed this Amendment in duplicate, each part being
an original, as of the 23rd day of November, 2015. 
  

									
	Witness: As To Landlord	 		 	LANDLORD:
			
	 /s/ Loven Isom
	 		 	NORFOLK SOUTHERN RAILWAY COMPANY
	Signature	 		 	a Virginia Corporation
	Name:	 	Loven Isom	 		 		 	
		 		 		 	By:	 	 /s/ SG Portnell

	Witness: As To Landlord	 		 	Name:	 	SG Portnell
		 		 		 	Title:	 	Real Estate Manager
	 /s/ Martina Chitwood
	 		 	Date of Landlord Signature: 11-23-15
	Signature	 		 		 	
	Name:	 	Martina Chitwood	 		 		 	

 [SEAL] 

 

									
	Witness: As To Tenant	 		 	TENANT:
			
	 /s/ Joseph Maliekel
	 		 	NORFOLK SOUTHERN RAILWAY COMPANY
	Signature	 		 	a Virginia Corporation
	Name:	 	Joseph Maliekel	 		 		 	
		 		 		 	By:	 	 /s/ Joseph Maliekel

	Witness: As To Landlord	 		 	Name:	 	Joseph Maliekel
		 		 		 	Title:	 	Corporate Controller
	 /s/ Joseph Maliekel
	 		 	Date of Landlord Signature: 11-21-15
	Signature	 		 		 	
	Name:	 	Joseph Maliekel	 		 		 	

 [SEAL] 

  
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 EXHIBIT A 

BASE RENTAL SCHEDULE 
  

									
	 Lease Year
	  	Monthly Base Rental	 	Monthly
Rental
Abatement	 	Total Monthly
Base Rental	 	Annual Base Rental
	 12/1/2015 - 11/30/2016
	  	$***	 	$***	 	$***	 	$***
	 12/1/2016 - 11/30/2017
	  	$***	 	$***	 	$***	 	$***
	 12/1/2017 - 11/30/2018
	  	$***	 	$***	 	$***	 	$***
	 12/1/2018 - 11/30/2019
	  	$***	 	$***	 	$***	 	$***
	 12/1/2019 - 11/30/2020
	  	$***	 	$***	 	$***	 	$***
	 12/1/2020 - 11/30/2021
	  	$***	 	$***	 	$***	 	$***
	 12/1/2021 - 11/30/2022
	  	$***	 	$***	 	$***	 	$***
	 12/1/2022 - 11/30/2023
	  	$***	 	$***	 	$***	 	$***
	 12/1/2023 - 11/30/2024
	  	$***	 	$***	 	$***	 	$***
	 12/1/2024 - 12/31/2024
	  	$***	 	$***	 	$***	 	N/A

  
 4EX-10.23

 Exhibit 10.23 

EXECUTION VERSION 

SECOND AMENDMENT TO SUBLEASE 

AND CONSENT TO SUBLEASE 
 CONFIDENTIAL
TREATMENT HAS BEEN REQUESTED FOR THE REDACTED PORTIONS OF THIS AGREEMENT, WHICH ARE DENOTED BY ***. A COMPLETE COPY OF THIS AGREEMENT, INCLUDING THE REDACTED PORTIONS, HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. 

THIS SECOND AMENDMENT TO SUBLEASE AND CONSENT TO SUBLEASE (this “Amendment”) is made and entered into this October 27,
2014 and effective as of October 1, 2014 (the “Second Amendment Effective Date”), by and among TEACHERS’ RETIREMENT SYSTEMS OF ALABAMA, an instrumentality of the State of Alabama, and EMPLOYEES’ RETIREMENT SYSTEM OF
ALABAMA, an instrumentality of the State of Alabama (collectively, the “Landlord”), NAVISTAR, INC., a Delaware corporation (“Tenant” or “Sublandlord”), and FREIGHTCAR ALABAMA, LLC, a Delaware
limited liability company (“Subtenant”). Landlord, Tenant/Sublandlord, and Subtenant are sometimes referred to herein collectively as the “Parties” and individually as a “Party.” 

Recitals 
 A.
Landlord entered into that certain Industrial Facility Lease (the “Lease”), dated as of September 29, 2011, with Tenant, whereby Landlord leased to Tenant the Leased Premises (as defined in the Lease). 

B. A short form or memorandum of the Lease has been recorded in the land records of Colbert County, Alabama on October 25, 2011 in Book
2011, Page 22555. 
 C. Pursuant to that certain Sublease (as amended by that certain Amendment to Sublease ***, dated as of March 11,
2013, collectively, the “Sublease”), dated as of February 19, 2013, Tenant has subleased to Subtenant a portion of the Facility referred to as the “Subleased Premises,” and granted to Subtenant the exclusive use of
certain areas of the Leased Premises referred to therein as the “Exclusive Use Areas,” all as more particularly described in the Sublease. A true and complete copy of the Sublease has been delivered to Landlord. Capitalized terms used
herein, but not defined herein, shall have the meanings ascribed to them in the Sublease. 
 D. Sublandlord and Subtenant mutually desire
that the Sublease be amended on an subject to the following terms and conditions. 

 Agreement 

For and in consideration of the respective covenants and agreements of the Parties herein set forth, and other good and valuable
consideration, the receipt and sufficiency of all of which are hereby acknowledged by the Parties, the Parties do hereby agree as follows: 

ARTICLE 1 
 AMENDMENTS TO
SUBLEASE 
 Section 1.1 Amendment of “Background” Recitals. From and after the Second Amendment Effective Date,
the Sublease is amended by substituting the following new Section C. of the “Background” recitals on the initial page of the Sublease: 

C. Sublandlord desires to (i) sublease to Subtenant a portion of the Facility consisting of approximately 698,685 square
feet of space to be occupied by Subtenant (the “FCA Controlled Subleased Space”), as more particularly set forth on the floor plan attached hereto as Exhibit B, (ii) grant to Subtenant the non-exclusive right to use a shared
area in the Facility comprised of approximately *** square feet of space (the “Shared Use Area”) as more particularly set forth on the floor plan attached hereto as Exhibit B, for which Subtenant shall be obligated to pay Sublease
Base Rent and its share of costs and expenses on 13,923 square feet of such Shared Use Area, as more particularly set forth herein (the “FCA Shared Use Area”) (the 712,608 square feet of space comprising the FCA Controlled Subleased Space
and the FCA Shared Use Area shall be collectively referred to herein as the “FCA Space”), (iii) sublease to Subtenant a portion of the Facility consisting of approximately *** square feet of space to be occupied by Sublandlord (the
“Navistar Controlled Subleased Space”) (the FCA Controlled Subleased Space and the Navistar Controlled Subleased Space shall be collectively referred to herein as the “Subleased Premises”), as more particularly set forth on the
floor plan attached hereto as Exhibit B, and (iv) grant to Subtenant the exclusive use of those areas of the Premises identified as being for the exclusive use of Subtenant (the “Exclusive Use Areas”), as more particularly set
forth on the site plan attached hereto as Exhibit C. 
 Exhibit B referenced in the substituted paragraph above shall be replaced in the
Sublease with Exhibit B attached to this Amendment. 
 Section 1.2 Demising of Additional Space. Within thirty
(30) days following the Second Amendment Effective Date, Sublandlord shall cause the portion of the Facility added to the FCA Controlled Subleased Space in Section 1.1 of this Amendment above (the “Additional Subleased
Space”) to be separately demised as part of the existing FCA Controlled Subleased Space (the “Amendment Demising Work”). The Amendment Demising Work shall be performed at Sublandlord’s sole cost. Sublandlord shall
determine the method, means and material for completing the Amendment Demising Work, subject to Subtenant’s prior approval, which shall not be unreasonably withheld, delayed or conditioned. Sections 1.2(c) and 1.2 (d) of the Sublease
related to Sublandlord access to the Sublease Premises and Subtenant Delay shall apply to the Amendment Demising Work hereunder. 

Section 1.3 Amendment of Section 3.1 of Sublease. From and after the Second Amendment Effective Date, the Sublease is amended
by substituting the following new Section 3.1: 
 3.1 Sublease Base Rent. Subtenant shall pay to
Sublandlord base rent for the Subleased Premises (“Sublease Base Rent”), in the amount of $*** per year (calculated by multiplying $*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA
Space and the Navistar Controlled Subleased Space), payable in equal monthly installments of $*** each. If Subtenant timely exercises any option to extend the Term of this Sublease for any Sublease Extension Term in accordance with Section 2.2
hereof, Subtenant shall pay to Sublandlord Sublease Base Rent for the Subleased Premises during any such Sublease Extension Term in the amount of $*** per year (calculated by multiplying 

  
 2 

 
$*** per square foot per year by *** square feet, which is the sum of the square footage comprising the FCA Space and the Navistar Controlled Subleased Space), payable in equal monthly
installments of $*** each. 
 Section 1.4 Amendment of Section 3.3(d) of Sublease. From the after the Second Amendment
Effective Date, the Sublease is amended by substituting the following new Section 3.3(d): 
 (d)
“Subtenant’s Proportionate Share” shall mean 33.14%, which has been determined by dividing the number of square feet in the FCA Space (712,608 square feet), by the number of square feet in the Facility (2,150,000 square feet).

 Section 1.5 Common Use Assets. From and after the Second Amendment Effective Date, the Sublease is amended by adding the
following equipment to the list of Common Use Assets specified on Exhibit D to the Sublease: 
 *** 

*** 
 *** 

Section 1.6 Shared Use Area. From and after the Second Amendment Effective Date, the Sublease is amended by adding the following
new Section 1.4: 
 1.4 Shared Use Area. Subtenant shall have the right to access and use the Shared Use
Area jointly with Sublandlord and other subtenants or tenants of the Premises in accordance with the terms and provisions of the Master Lease and this Sublease. All of such use of the Shared Use Area shall be such as will not unreasonably obstruct
or interfere with the joint use thereof, and shall be in compliance with all applicable laws and the Master Lease. Sublandlord shall 

provide facility services to the Shared Use Area to the same extent as Sublandlord is required to provide such services to the Common Areas
pursuant to Section 5.5 of the Sublease. 
 Section 1.7 Other Provisions of Sublease. Sublandlord and Subtenant hereby
agree that notwithstanding the foregoing specified amendments of the Sublease, all other terms and conditions of the Sublease shall remain in full force and effect. In the case of any inconsistency between the provisions of the Sublease and this
Amendment, the provisions of this Amendment shall govern and control. 
 ARTICLE 2 

CONSENT TO SUBLEASE AMENDMENT 

Section 2.1 Consent. Landlord hereby consents to the foregoing and to the sublease of the Subleased Premises by Tenant to
Subtenant pursuant to the Sublease, as amended by this Amendment. 
 Section 2.2 Non-Disturbance. So long as there is no
Sublease Event of Default which remains uncured, Landlord covenants and agrees that Subtenant’s possession and use of the Subleased Premises and Exclusive Use Areas and Subtenant’s rights and privileges under the Sublease, including any
extensions or renewals thereof which may be effected in accordance with any 

  
 3 

 
option or right granted therein, shall not be diminished or interfered with by Landlord, and Subtenant’s occupancy of the Subleased Premises and Exclusive Use Areas shall not be disturbed
during the term of the Sublease or any renewal or extension thereof. 
 ARTICLE 3 

GENERAL PROVISIONS 

Section 3.1 Notices. Any notice, request, demand, instruction or other document to be given or served hereunder or under any
document or instrument executed pursuant hereto shall be in writing and shall be delivered personally, sent by nationally recognized overnight courier service, delivery fee prepaid, or sent by United States registered or certified mail, return
receipt requested, postage prepaid, in each case addressed to the parties at their respective addresses set forth below. Any such notice shall be effective (a) upon receipt if delivered personally, (b) on the next business day after
confirmed deposit with a nationally recognized overnight courier service, and (b) three (3) business days after deposit in the United States registered or certified mail. A party may change its address for receipt of notices by service of
a notice of such change in accordance herewith. 
  

					
	If to Landlord:	 	The Retirement Systems of Alabama	  	
		 	201 South Union Street	  	
		 	Montgomery, AL 36130	  	
		 	Attn: Hunter Harrell	  	
			
	 with a copy to:
	 	  
	  	
			
		 	  
	  	
		 	  
	  	
		 	  
	  	
			
	If to Tenant:	 	Navistar, Inc.	  	
		 	2701 Navistar Drive	  	
		 	Lisle, IL 60532	  	
		 	Attention: Director, Corporate Real Estate	  	
			
	 with a copy to:
	 	Navistar, Inc.	  	
		 	2701 Navistar Drive	  	
		 	Lisle, IL 60532	  	
		 	Attention: General Counsel	  	
			
	If to Subtenant:	 	FreightCar America, Inc.	  	
		 	Two North Riverside Plaza	  	
		 	Suite 1300	  	
		 	Chicago, IL 60606	  	
		 	Telecopy: 312-928-0890	  	
		 	Attention: General Counsel	  	
			
	 with a copy to:
	 	McDermott Will & Emery LLP	  	
		 	227 West Monroe Street	  	
		 	Suite 4700	  	
		 	Chicago, IL 60606	  	
		 	Attention: Gerald R. Offutt	  	

  
 4 

 IN WITNESS WHEREOF, this Agreement has been executed by the Parties as of the date first stated
above. 
  

							
	Landlord:	 		 	Teachers’ Retirement Systems Of Alabama
				
		 		 	By:	 	 /s/ David G. Bronner

		 		 	Name:	 	David G. Bronner
		 		 	Title:	 	CEO
			
		 		 	Employees’ Retirement System Of Alabama
				
		 		 	By:	 	 /s/ David G. Bronner

		 		 	Name:	 	David G. Bronner
		 		 	Title:	 	CEO
			
	Tenant:	 		 	Navistar, Inc.
				
		 		 	By:	 	 /s/ Jim Moran

		 		 	Name:	 	Jim Moran
		 		 	Title:	 	SVP & Treasurer
			
	Subtenant:	 		 	FreightCar Alabama, LLC
				
		 		 	By:	 	 /s/ Joseph E. McNeely

		 		 	Name:	 	Joseph E. McNeely
		 		 	Title:	 	President and Chief Executive Officer

  
 5 

 EXHIBIT B 

*** 

  
 6

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