Document:

Exhibit 10.1

 

THIRD
AMENDMENT TO CREDIT AGREEMENT

THIS
THIRD AMENDMENT TO CREDIT AGREEMENT (this "Amendment") is entered into as of December 23, 2014, by and between ZAGG
INC, a Nevada corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").

RECITALS

WHEREAS,
Borrower is currently indebted to Bank (the "Loan") pursuant to the terms and conditions of that certain Credit Agreement
between Borrower and Bank dated as of December 7, 2012, as amended from time to time ("Credit Agreement").

WHEREAS,
ZAGG INTELLECTUAL PROPERTY HOLDING CO., INC., a Nevada corporation ("Zagg IP"), ZAGG RETAIL, INC., a Nevada corporation
("Retail"), IFROGZ INC., a Utah corporation ("iFrogz"), and ZAGG LLC, a Nevada limited liability company ("ZAGG
LLC" and, together with Zagg IP, Retail, iFrogz, and ZAGG LLC, individually and collectively, as the context requires, the
"Guarantor"), each executed a Continuing Guaranty dated as of December 7, 2012 in favor of Bank, each as amended from
time to time (collectively, the "Guaranties").

WHEREAS,
the Loan is secured by that certain (i) Security Agreement dated as of December 7, 2012 by and between Borrower and Bank; (ii)
that certain General Pledge Agreement dated as of December 7, 2012 by and between Borrower and Bank; (iii) Third Party Security
Agreement dated as of December 7, 2012 by and between iFrogz and Bank; (iv) Third Party Security Agreement dated as of December
7, 2012 by and between Zagg IP and Bank; (v) Third Party Security Agreement dated as of December 7, 2012 by and between Retail
and Bank; (vi) Third Party Security Agreement dated as of December 7, 2012 by and between ZAGG LLC and Bank; and (vii) Third Party
General Pledge Agreement dated as of December 7, 2012 by and between iFrogz and Bank, each as amended from time to time (collectively,
the "Security Agreements").

WHEREAS,
Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed
to amend the Credit Agreement to reflect said changes.

NOW,
THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree
that the Credit Agreement shall be amended as follows:

1.            Line
of Credit Extension. Section 1.1(a) is hereby amended by deleting "December 1, 2015" as the last day on which
Bank will make advances under the Line of Credit, and by substituting for said date "December 1, 2016", with such
change to be effective upon the execution and delivery to Bank of a Third Modification to Promissory Note dated as of the
date hereof and all other contracts, instruments and documents required by Bank to evidence such change.

2.            Conditions
Precedent. This Amendment shall not become effective until the following conditions have been completed and proof of
their completion has been provided to Bank:

    	1

    	 

    

 

(a)At
or prior to the execution and delivery of this Amendment, Borrower and Guarantor, as applicable, shall have executed and delivered,
or caused to be executed and delivered, to Bank, each in form and substance satisfactory to Bank, such other documents, instruments,
resolutions, subordinations, and other agreements as Bank may require in its sole discretion, including, without limitation, a
Third Modification to Promissory Note.

3.            Fees
and Expenses. In consideration of the changes set forth herein and as a condition to the effectiveness hereof,
immediately upon signing this Amendment Borrower shall pay to Bank (a) a non-refundable fee of $10,000; (b) all reasonable
legal fees and expenses incurred by Bank in connection herewith or with the Loan and the Loan Documents accrued and unpaid as
of the date hereof; and (c) all other reasonable costs and expenses incurred by Bank in connection with this
Amendment.

4.            Effect
on Credit Agreement. Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in
full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same
meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one
document.

5.           
Representations and Warranties. Borrower hereby remakes all representations and warranties contained in the Credit Agreement
and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no
Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage
of time or both would constitute any such Event of Default.

 

[Signature
Page Follows]

    	2

    	 

    

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

GUARANTORS'
CONSENT AND REAFFIRMATION 

Each
of the undersigned guarantors of all indebtedness of ZAGG, INC, a Nevada corporation, to WELLS FARGO BANK, NATIONAL ASSOCIATION
hereby: (i) consents to the foregoing Amendment; (ii) reaffirms its obligations under its respective Continuing Guaranty; (iii)
reaffirms its waivers of each and every one of the defenses to such obligations as set forth in its respective Continuing Guaranty;
and (iv) reaffirms that its obligations under its respective Continuing Guaranty are separate and distinct from the obligations
of any other party under said Amendment and the other Loan Documents described therein.

33Exhibit
10.2 

 

THIRD
MODIFICATION TO PROMISSORY NOTE

THIS
THIRD MODIFICATION TO PROMISSORY NOTE (this "Modification") is entered into as of December 23, 2014, by and between
ZAGG INC, a Nevada corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").

RECITALS

WHEREAS,
Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Revolving Line of Credit Note in the
maximum principal amount of $25,000,000, executed by Borrower and payable to the order of Bank, dated as of December 7, 2012 and
as amended from time to time (the "Note"), which Note is subject to the terms and conditions of a credit agreement between
Borrower and Bank dated as of December 7, 2012, as amended from time to time (the "Credit Agreement"), and which Note
incorporates the terms of an Addendum to Promissory Note dated as of the same date, as amended from time to time (the "Addendum").

WHEREAS,
Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Note, and have agreed to modify
the Note to reflect said changes.

NOW,
THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree
that the Note shall be modified as follows:

1.        
The maturity date of the Note is hereby modified to be December 1, 2016, with the understanding that Borrower shall continue to
make payments of principal and interest on the Note in the amounts specified therein until said new maturity date.

2.        
The effective date of the changes set forth herein shall be December 23, 2014.

3.        
Except as expressly set forth herein, all terms and conditions of the Note remain in full force and effect, without waiver or
modification. All terms defined in the Note shall have the same meaning when used in this Modification. This Modification and
the Note shall be read together, as one document.

4.        
Borrower certifies that as of the date of this Modification there exists no Event of Default under the Note, nor any condition,
act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default.

 

[Signature
Page Follows]

 

    	 

    	 

    

 

 

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

 

2EX-10.1

 EXHIBIT 10.1 

AMENDMENT NO. 2 TO AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDMENT NO. 2 TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of December 17, 2014, is executed by
and among Apogee Enterprises, Inc. (the “Borrower”), the Lenders (as defined below), and Wells Fargo Bank, National Association, as administrative agent for the Lenders (the “Administrative Agent”). 

BACKGROUND 
 A. The
Borrower, the lenders party thereto (“Lenders”), the Administrative Agent and the other named agents are party to that certain Amended and Restated Credit Agreement dated as of October 19, 2012, as amended on November 20, 2013
(the “Credit Agreement”). 
 B. The parties wish to further amend the Credit Agreement as provided herein. 

C. The Borrower, the Administrative Agent and the Lenders are willing to enter into this Amendment upon the terms and conditions set forth
below. 
 NOW THEREFORE, in consideration of the matters set forth in the recitals and the covenants and provisions herein set forth, and
other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

AGREEMENT 

Section 1. Definitions. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed
thereto in the Credit Agreement. 
 Section 2. Increase in Aggregate Revolving Credit Commitment; Additional Lender. Upon
the effectiveness of this Amendment, (x) the aggregate Revolving Credit Commitment shall be increased from $100,000,000 to $125,000,000, with the Revolving Credit Commitments to be held among the Lenders as set forth on Schedule 1.2 to the
Credit Agreement, as amended hereby in the form attached hereto as Exhibit A, and with such increase to have no effect upon the amount of Incremental Loans available to the Borrower pursuant to Section 4.13 hereof, and (y) The
Northern Trust Company (“Northern Trust”) shall become a Lender with a Revolving Credit Commitment in the amount of $15,000,000 (the “New Commitment”). By its execution hereof, Northern Trust hereby (a) represents and
warrants that (i) from and after the date of this Amendment, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the new Commitment, shall have the obligations of a Lender thereunder,
(ii) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Section 7.1 thereof, as applicable, and such other
documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Amendment and assume the New Commitment, and (iii) it has, independently and without reliance upon the Administrative Agent, or
any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to assume the New Commitment, and (b) agrees that (i) it
will, 

 
independently and without reliance on the Administrative Agent or any Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

Section 3. Amendments to the Credit Agreement. As of the Second Amendment Effective Date (as defined below), the Credit
Agreement is hereby amended as follows: 
 3.1. Section 1.1 of the Credit Agreement is hereby amended by: 

(i) deleting the table in the definition of Applicable Margin and replacing it with the following: 

 

															
	 Pricing

Level
	  	 Leverage Ratio
	  	LIBOR +	 	 	Base Rate +	 	 	Commitment
Fee	 
	 I
	  	Less than 1.00 to 1.00	  	 	1.125	% 	 	 	0.125	% 	 	 	0.175	% 
	 II
	  	Greater than or equal to 1.00 to 1.00 but less than 1.50 to 1.00	  	 	1.25	% 	 	 	0.25	% 	 	 	0.20	% 
	 III
	  	Greater than or equal to 1.50 to 1.00 but less than 2.00 to 1.00	  	 	1.375	% 	 	 	0.375	% 	 	 	0.25	% 
	 IV
	  	Greater than or equal to 2.00 to 1.00 but less than 2.50 to 1.00	  	 	1.50	% 	 	 	0.50	% 	 	 	0.30	% 
	 V
	  	Greater than or equal to 2.50 to 1.00	  	 	1.75	% 	 	 	0.75	% 	 	 	0.35	% 

 (ii) restating the following defined terms in their entirety: 

“L/C Commitment” shall mean the lesser of (i) $40,000,000 and (ii) the Revolving Credit Commitments
of all the Lenders. 
 “Maturity Date” shall mean the earliest to occur of (i) December 17, 2019,
as such date may be extended in accordance with Section 2.7, (ii) the date of termination of the entire Revolving Credit Commitment by the Borrower pursuant to Section 2.5 or (iii) the date of termination of the Revolving
Credit Commitment pursuant to Section 9.2(a). 
 “Revolving Credit Commitment” shall mean (i) as
to any Lender, the obligation of such Lender to make Revolving Credit Loans in an aggregate principal amount at any time outstanding not to exceed the amount set forth 

  
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opposite such Lender’s name in Schedule 1.2, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without limitation,
Section 4.13) and (ii) as to all Lenders, the aggregate commitment of all Lenders to make Revolving Credit Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without
limitation, Section 4.13). The Revolving Credit Commitment of all the Lenders as of December 17, 2014 shall be $125,000,000. 

and (iii) inserting the following terms in the appropriate alphabetical order therein: 

“Declining Lender” has the meaning assigned thereto in Section 2.7(b). 

“Extending Lender” has the meaning assigned thereto in Section 2.7(a). 

“Extension Request” has the meaning assigned thereto in Section 2.7(a). 

“Response Date” has the meaning assigned thereto in Section 2.7(a). 

3.2. Article II of the Credit Agreement is hereby amended to add a new Section 2.7 as follows: 

2.7 Extension of Maturity Date. 

(a) On no more than two (2) occasions prior to the Maturity Date, the Borrower may request an extension of the Maturity
Date for a period of one additional year by submitting a request for an extension to the Administrative Agent (an “Extension Request”) no earlier than 90 days, but no later than 30 days prior to any anniversary of the Closing Date.
The Extension Request must specify the new Maturity Date requested by the Borrower and the date as of which the Lenders must respond to the Extension Request, which date shall not be less than 20 days prior to the applicable anniversary date (the
“Response Date”). Promptly upon receipt of an Extension Request, the Administrative Agent shall notify each Lender of the contents thereof and shall request each Lender to approve the Extension Request. Each Lender may, in its sole
and absolute discretion, approve or deny any Extension Request. Each Lender approving the Extension Request (an “Extending Lender”) shall deliver its written consent no later than the Response Date and any Lender which has not
responded to such Extension Request by the Response Date shall be deemed to have declined it. The Administrative Agent shall provide written notice to the Borrower of the Lenders’ response no later than 5 days prior to the applicable
anniversary date. The Extending Lenders’ Revolving Credit Commitments (and the Maturity Date) shall be extended for one additional year after the Maturity Date in effect at the time the Extension Request is received, including the Maturity Date
as one of the days in the calculation of the days elapsed; provided that (i) at least 70% of the Revolving Credit Commitment amount is extended or otherwise committed to by Extending Lenders and any new lenders and (ii) the Borrower has
delivered to the Administrative Agent (x) an Officer’s Certificate dated as of the Maturity Date in effect at the time the Extension Request is received certifying that (A) the 

  
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representations and warranties contained in Article VI and the other Loan Documents are true and correct as of such date, except to the extent that such representations and warranties
specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and (B) no Default or Event of Default exists and (y) customary corporate authorization documents reasonably requested by the
Administrative Agent. Otherwise, the Maturity Date shall not be extended. 
 (b) The Commitment of any Lender that declines
an Extension Request or fails to approve an Extension Request on or prior to the Response Date (a “Declining Lender”) shall be terminated on the Maturity Date in effect at the time such Extension Request is received (without regard
to any extension by other Lenders) and the Borrower shall pay to such Declining Lender all principal, interest, fees and other amounts owing to such Declining Lender on the Maturity Date in effect at the time such Extension Request is received
(without regard to any extension by other Lenders). The Borrower shall have the right, on or prior to the applicable anniversary date, to replace any Declining Lender with a third party financial institution reasonably acceptable to the
Administrative Agent and the Borrower in the manner set forth in Section 4.12(b). 
 3.3. Section 4.1(b) of the
Credit Agreement is hereby amended by deleting the first clause thereof and replacing it with the following: 
 In connection with each LIBOR
Rate Loan, the Borrower by giving notice at the times described in Section 2.3 or 4.2, as applicable, shall elect an interest period (each, an “Interest Period”) to be applicable to such Loan, which Interest Period shall be a period
of one (1), two (2), three (3), six (6) or, with the consent of each Lender, twelve (12) months; provided that: 
 3.4.
Section 4.2 of the Credit Agreement is hereby amended by deleting the first paragraph thereof and replacing it with the following: 

The Borrower shall have the option to: 

(a) convert at any time following the third Business Day after the Restatement Closing Date all or any portion of any outstanding Base Rate
Loans (other than Swingline Loans) in a principal amount equal to $1,000,000 or any whole multiple of $1,000,000 in excess thereof into one or more LIBOR Rate Loans; and 

(b) upon the expiration of any Interest Period with respect to any LIBOR Rate Loans, (i) convert all or any part of its outstanding LIBOR
Rate Loans in a principal amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof into Base Rate Loans (other than Swingline Loans) or (ii) continue such LIBOR Rate Loans as LIBOR Rate Loans; 

provided, that following the occurrence and during the continuation of a Default or an Event of Default, upon notice provided to the
Borrower, at the sole 

  
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discretion of the Administrative Agent or the Required Lenders, the Borrower shall no longer be able to exercise any such option. 

3.5. Section 4.13 of the Credit Agreement is hereby amended by deleting the reference to “$50,000,000” therein and
replacing it with a reference to “$75,000,000”. 
 3.6. Section 6.21 of the Credit Agreement is hereby amended by
deleting the last sentence thereof and replacing it with the following: 
 No event has occurred which permits, or after notice or lapse of
time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Subsidiary is liable to any Person for infringement under applicable law with respect to any such rights as a result of its business
operations, which in any such case could reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect. 

3.7. Section 7.14 of the Credit Agreement is hereby amended by restating clauses (a) and (b) in their entirety as
follows: 
 (a) Notify the Administrative Agent within three (3) Business Days after the creation or acquisition of any
Domestic Subsidiary and promptly thereafter (and in any event within thirty (30) days after such creation or acquisition), cause such Person to (i) become a Subsidiary Guarantor by delivering to the Administrative Agent a duly executed
supplement to the Subsidiary Guaranty Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose, (ii) deliver to the Administrative Agent such documents and certificates referred to in
Section 5.1 as may be reasonably requested by the Administrative Agent, (iii) deliver to the Administrative Agent such updates to the Schedules to the Loan Documents as requested by the Administrative Agent with respect to such
Person, and (iv) deliver to the Administrative Agent such other documents and instruments as may be reasonably requested by the Administrative Agent, all in form, content and scope reasonably satisfactory to the Administrative Agent.
Notwithstanding the foregoing, any Domestic Subsidiary with less than $1,000,000 in assets at the time of its creation or acquisition shall not be required to comply with this paragraph (a); provided, that if any time thereafter such Domestic
Subsidiary shall acquire assets in excess of $1,000,000, the Borrower shall promptly notify the Administrative Agent thereof and shall cause such Domestic Subsidiary to promptly thereafter comply with the requirements of this paragraph (a). 

(b) Notify the Administrative Agent within three (3) Business Days after any Person becomes a first tier Foreign
Subsidiary of the Borrower, and promptly thereafter (and in any event within forty-five (45) days after notification), cause (i) the Borrower or the applicable Subsidiary to deliver Security Documents to the Administrative Agent pledging
sixty-five percent (65%) of the total outstanding Capital Stock (to the extent, and for so long as, the pledge of any greater percentage would have material adverse federal income tax consequences for the Borrower) and a consent thereto
executed by such new 

  
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Foreign Subsidiary (including, without limitation, if applicable, original stock certificates (or the equivalent thereof pursuant to the Applicable Laws and practices of any relevant foreign
jurisdiction) evidencing the Capital Stock of such new first tier Foreign Subsidiary, together with an appropriate undated stock power for each certificate duly executed in blank by the registered owner thereof), (ii) such Person to deliver to
the Administrative Agent such documents and certificates referred to in Section 5.1 as may be reasonably requested by the Administrative Agent, (iii) such Person to deliver to the Administrative Agent such updates to the Schedules to the
Loan Documents as requested by the Administrative Agent with regard to such Person and (iv) such Person to deliver to the Administrative Agent such other documents as may be reasonably requested by the Administrative Agent, all in form, content
and scope reasonably satisfactory to the Administrative Agent. Notwithstanding the foregoing, any first tier Foreign Subsidiary with less than $10,000,000 in assets at the time of its creation or acquisition shall not be required to comply with this
paragraph (b); provided, that if any time thereafter such first tier Foreign Subsidiary shall acquire assets in excess of $10,000,000, the Borrower shall promptly notify the Administrative Agent thereof and cause such first tier Foreign
Subsidiary to promptly thereafter comply with the requirements of this paragraph (b). 
 3.8. Section 8.1 of the Credit Agreement
is hereby amended by deleting the last sentence thereof in its entirety and replacing it with the following: 
 The consideration paid for
any assets or Property in any sale, transfer, lease or other disposition of assets or Property permitted by this Section 8.1 must be equal to the Fair Market Value for such assets or Property. 

3.9. Section 8.2 of the Credit Agreement is hereby amended by: 

 

	 	(i)	deleting the reference to “$2,500,000” in clause (d) thereof and replacing it with a reference to “$5,000,000”; 

 

	 	(ii)	deleting the reference to “$20,000,000” in clause (e) thereof and replacing it with a reference to “$30,000,000”; 

 

	 	(iii)	deleting the reference to “$20,000,000” in clause (j) thereof and replacing it with a reference to “$50,000,000”; and 

 

	 	(iv)	deleting clause (q) thereof in its entirety and replacing it with the following: 

 (q)
Other Liens, provided that the aggregate principal amount of Indebtedness secured by such other Liens does not exceed $35,000,000. 

3.10. Section 8.4 of the Credit Agreement is hereby amended by deleting the reference to “$5,000,000” in clause
(n) thereof and replacing it with a reference to “$10,000,000”. 
 3.11. Section 8.11(c) of the Credit Agreement
is hereby restated in its entirety as follows: 

  
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 (c) Maximum Leverage Ratio. Permit its Leverage Ratio to exceed 3.00 to
1.00 as of the last day of any fiscal quarter for the period of four fiscal quarters ending on such date. 
 3.12.
Section 9.1 of the Credit Agreement is hereby amended by restating clause (i) in its entirety as follows: 
 (i)
Change of Control. Any person or group of persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of 1934, as amended) shall have acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated by the
SEC under said Act), or shall have acquired control, directly or indirectly, of 25% or more of the outstanding shares of common stock of the Borrower; or, during any period of 12 consecutive calendar months, individuals who were directors of the
Borrower on the first day of such period, or were nominees of such directors, shall cease to constitute a majority of the board of directors of the Borrower. 

3.13. Section 11.2 of the Credit Agreement is hereby amended by restating clause (b) in its entirety as
follows: 
 (b) except as provided in Section 2.7, postpone any date fixed by this Agreement or any other Loan Document for any
payment of principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby; 

3.14. Schedule 1.2 to the Credit Agreement is hereby amended and restated in its entirety to read as set forth on
Exhibit A hereto. 
 Section 4. Representations and Warranties. To induce the Administrative Agent and the
undersigned Lenders to execute this Amendment, the Borrower hereby represents and warrants to the Administrative Agent and such Lenders as follows: 

4.1. the execution, delivery and performance of this Amendment have been duly authorized by all requisite action of the
Borrower, and this Amendment constitutes the legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium or
similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability; 

4.2. each of the representations and warranties contained in Article VI of the Credit Agreement are true and correct in
all material respects with the same effect as though made on and as of the date hereof (except, in each case, to the extent stated to relate to an earlier date, in which case such representation or warranty shall have been true and correct on and as
of such earlier date); provided, that if a representation or warranty is qualified as to materiality, the applicable materiality qualifier set forth above shall be disregarded with respect to such representation and warranty for purposes of this
provision; and 
 4.3. no Event of Default or Default exists under the Credit Agreement or would exist after giving
effect to this Amendment. 

  
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 Section 5. Effectiveness. This Amendment shall become effective as of the date
first set forth above, subject to the satisfaction of the following conditions precedent (the date of such satisfaction being the “Second Amendment Effective Date”): 

5.1. Amendment. Administrative Agent shall have received counterparts of this Amendment signed by the
Administrative Agent, the Borrower and the Lenders. 
 5.2. Reaffirmation Agreement. The Borrower and the
Subsidiary Guarantors shall have executed and delivered to Administrative Agent a Reaffirmation Agreement. 
 5.3.
Legal Opinion. A favorable opinion of counsel to the Borrower addressed to the Administrative Agent and the Lenders with respect to the Borrower, this Amendment, the Loan Documents and such other matters as the Administrative Agent shall
reasonably request and which opinion shall permit reliance by successors and permitted assigns of each of the Administrative Agent and the Lenders. 

5.4. Secretary’s Certificate. Administrative Agent shall have received from Borrower and each Subsidiary
Guarantor (i) its charter (or similar formation document) (or a certification by its secretary or assistant secretary that there have been no changes to its charter (or similar formation document) since delivery thereof to Administrative Agent
on the Restatement Closing Date), (ii) a good standing certificate from its state of organization, (iii) its bylaws or similar formation document (or a certification from its secretary or assistant secretary that as of the date of such
certificate there has been no change to its bylaws since delivery thereof to Administrative Agent on the Restatement Closing Date), (iv) resolutions of its board of directors or other governing body approving and authorizing its execution,
delivery and performance of this Amendment, and (v) signature and incumbency certificates of its officers executing this Amendment, all certified by its secretary or an assistant secretary as being in full force and effect without modification.

 5.5. Representations and Warranties. The warranties and representations of each Credit Party contained in
this Amendment, the Credit Agreement and the other Loan Documents, shall each be true and correct in all material respects as of the effective date hereof, with the same effect as though made on such date (except to the extent expressly stated to
relate to an earlier date, in which case such representations and warranties were true and correct in all material respects as of such earlier date). 

5.6. No Default. After giving effect to this Amendment, no Default or Event of Default under the Credit Agreement
shall have occurred and be continuing. 
 5.7. Payment of Fees. The Borrower shall have paid to the
Administrative Agent and Lead Arranger, as applicable, the fees set forth in that certain Fee Letter among the Borrower, the Administrative Agent and the Lead Arranger dated as of November 25, 2014. 

Section 6. Reference to and Effect Upon the Credit Agreement. 

  
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 6.1. Except as specifically provided herein, the Credit Agreement and the
other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed. 
 6.2. Except as
specifically set forth herein, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or the Lenders under the Credit Agreement or any other Loan Document,
nor constitute an amendment or waiver of any provision of the Credit Agreement or any other Loan Document. Upon the effectiveness of this Amendment, each reference to the Credit Agreement contained therein or in any other Loan Document shall mean
and be a reference to the Credit Agreement as amended hereby. This Amendment shall constitute a Loan Document for the purposes of the Credit Agreement and each other Loan Document. 

Section 7. APPLICABLE LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND
SHALL BE CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THAT WOULD REQUIRE APPLICATION
OF ANOTHER LAW. 
 Section 8. Enforceability and Severability. Wherever possible, each provision in or obligation
under this Amendment shall be interpreted in such manner as to be effective and valid under applicable law, but if any such provision or obligation shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and
enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby. 

Section 9. Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which when taken together shall constitute one and the same instrument. Delivery of a counterpart signature page by facsimile
transmission or by e-mail transmission of an Adobe portable document format file (also known as a “PDF” file) shall be effective as delivery of a manually executed counterpart signature page. 

Section 10. Costs and Expenses. The Borrower hereby affirms its obligation under Section 11.3 of the Credit Agreement
to reimburse the Administrative Agent for all reasonable out-of-pocket expenses incurred in connection with the preparation, negotiation, execution and delivery of this Amendment, including but not limited to the attorneys’ fees and expenses
for the Administrative Agent with respect thereto. 
 [signature pages follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the day and year first
above written. 
  

							
	BORROWER:	 		 	
		 		 	 APOGEE ENTERPRISES, INC., as

Borrower

				
		 		 	By:	 	 /s/ Gary R. Johnson

		 		 	 Name: Gary R. Johnson
 Title: Vice
President and Treasurer

			
	LENDERS:	 		 	
		 		 	 WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Administrative Agent,
 Swingline Lender,
Issuing Lender and a
 Lender

				
		 		 	By:	 	 /s/ Mark Holm

		 		 	Name: Mark Holm
		 		 	Title: Managing Director
			
		 		 	 BMO HARRIS BANK, NA, as Co-

Syndication Agent and a Lender

				
		 		 	By:	 	 /s/ Barbara Nieland

		 		 	Name: Barbara Nieland
		 		 	Title: SVP / Director

 [Signature Page to Amendment No. 2 to Credit Agreement] 

 
			
	 US BANK NATIONAL ASSOCIATION,

as Co-Syndication Agent and a Lender

		
	By:	 	 /s/ Mila Yakovlev

	Name: Mila Yakovlev
	Title: Vice President
	
	 COMERICA BANK, as Issuing Lender

and a Lender

		
	By:	 	 /s/ Mark. J. Leveille

	Name: Mark. J. Leveille
	Title: Vice President
	
	 THE NORTHERN TRUST COMPANY,

as a Lender

		
	By:	 	 /s/ Molly Drennan

	Name: Molly Drennan
	Title: Senior Vice President

 [Signature Page to Amendment No. 2 to Credit Agreement] 

 EXHIBIT A 

Schedule 1.2 
 Revolving
Credit Commitments 
  

					
	 Lender
	  	Revolving Credit Commitment	 
	 Wells Fargo Bank, National Association
	  	$	35,000,000	  
	 BMO Harris Bank, NA
	  	$	27,500,000	  
	 US Bank National Association
	  	$	27,500,000	  
	 Comerica Bank
	  	$	20,000,000	  
	 The Northern Trust Company
	  	$	15,000,000	  
		  	  
	  
	 
		  	$	125,000,000

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}]]