Document:

EX-10.1

AMENDMENT NO. 3 TO RECEIVABLES PURCHASE AGREEMENT

THIS AMENDMENT NO. 3 TO RECEIVABLES PURCHASE AGREEMENT (this “Amendment”) is entered into as
of June 1, 2010 by and among Ferro Finance Corporation, an Ohio corporation (“Seller”), Ferro
Corporation, an Ohio corporation (“Ferro”), as initial Collection Agent, Wells Fargo Bank, N.A.
(“Wells Fargo” or a “Purchaser” and, together with its successors and assigns, the “Purchasers”),
successor by merger to Wachovia Bank, National Association, and Wells Fargo Bank, N.A., successor
by merger to Wachovia Bank, National Association, in its capacity as Agent for the Purchasers (in
such capacity, together with its successors and assigns, the “Agent”), with respect to that certain
Receivables Purchase Agreement dated as of June 2, 2009 by and among the parties (as amended from
time to time, the “Agreement”). Capitalized terms used and not otherwise defined herein shall have
the meanings attributed thereto in the Agreement.

PRELIMINARY STATEMENTS

Seller and the Collection Agent desire to amend and extend the Agreement as
hereinafter set forth.

Each Purchaser and the Agent is willing to agree to such amendment, on the
terms and subject to the conditions hereinafter set forth.

NOW, THEREFORE, in consideration of the premises and the other mutual covenants herein
contained, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

Section 1. Amendments.

1.1 Section 1.2 of the Agreement is hereby amended by deleting and restating the first
sentence in its entirety as follows:

“If, on any Business Day prior to the Facility Termination Date, there is Investment
Availability reflected on a Daily Report or Monthly Report, as applicable, in each case for the
preceding reporting period, as applicable, Seller (or Collection Agent, on Seller’s behalf) may, if
desired, request an Incremental Purchase in accordance with this Section 1.2.”

1.2 Section 1.2 of the Agreement is hereby amended by deleting and restating the third
sentence in its entirety as follows:

“Each Purchase Notice shall be subject to Section 6.2 hereof and shall be irrevocable and
shall specify the requested Purchase Price (which shall be at least $200,000 or a larger integral
multiple of $100,000) and date of purchase (which shall be a Business Day) and the requested Yield
Rate.”

1.3 Section 2.1 of the Agreement is hereby amended and restated in its entirety as
follows:

“Section 2.1 Turnover of Collections. On each Capital Settlement Date, Monthly
Payment Date and each other Business Day as the Agent may request in its commercially reasonable
discretion, all Collections and all payments required pursuant to Section 1.5 shall be paid by the
Collection Agent to the Agent.”

1.4 Section 2.2 of the Agreement is hereby amended and restated in its entirety as
follows:

“Section 2.2 Mandatory Capital Settlement. If, on any Business Day, there is an
Investment Excess reflected on the Daily Report or the Monthly Report for the preceding reporting
period, as applicable, the Seller shall pay such Investment Excess to the Agent for distribution to
the Purchasers (ratably in accordance with their respective Percentages) for application to the
Aggregate Capital until such Investment Excess is eliminated.”

1.5 Section 5.1(l) is hereby amended by deleting and restating the last sentence in
its entirety as follows:

“In the event that and on each Business Day for which the Agent has requested cash dominion
pursuant to Section 2.1., Seller represents and warrants that each of the Lock-Box Banks has been
duly instructed to wire all available funds in the Lock-Box Accounts to the Wachovia Account on
each Business Day.”

1.6 Section 7.1(j) is hereby amended by deleting and restating the second sentence in
its entirety as follows:

“In the event that and on each Business Day for which the Agent has requested cash dominion
pursuant to Section 2.1., Seller will instruct each Lock-Box Bank to initiate a wire transfer of
all available funds in each of its Lock-Box Accounts to the Wachovia Account not later than 4:00
p.m. (New York City time) on each Business Day.”

1.7 Section 8.2(b) is hereby amended by deleting and restating the first sentence in
its entirety as follows:

“In the event that and on each Business Day for which the Agent has requested cash dominion
pursuant to Section 2.1., the Collection Agent will instruct all Obligors to pay all Collections
directly to a Lock-Box or Lock-Box Account and will instruct each Lock-Box Bank to initiate a wire
transfer of all available funds in each Lock-Box Account to the Wachovia Account not later than
4:00 p.m. (New York City time) on each Business Day.”

1.8 Section 8.2(c) is hereby amended by deleting and restating the last sentence in
its entirety as follows:

“In the event that and on each Business Day for which the Agent has requested cash dominion
pursuant to Section 2.1., the Collection Agent shall segregate and deposit with a bank designated
by the Agent all Collections of Receivables on the Business Day received by the Collection Agent,
duly endorsed or with duly executed instruments of transfer.”

1.9 Section 8.5(a) of the Agreement is hereby amended and restated in its entirety as
follows:

“(a) At such times as the Agent may request in its commercially reasonable discretion (other
than a Permitted Ferro Holiday), the Collection Agent shall prepare and deliver not later than
11:00 a.m. (New York City time) to the Agent and the Purchasers a Daily Report for the immediately
preceding Business Day in the form of Exhibit X hereto (appropriately completed and executed),
provided that the Agent shall request such Daily Reports at least two (2) Business Days prior to
the requested date of delivery.”

1.10 The definition of “Amortization Date” set forth in Exhibit I to the Agreement is hereby
amended and restated in its entirety to read as follows:

“Amortization Date” means the earliest to occur of (a) the Business Day immediately prior to
the occurrence of an Amortization Event set forth in Section 9.1(g), (b) the Business Day
specified in a written notice from the Agent or any Purchaser following the occurrence and during
continuation of any other Amortization Event, and (c) the date which is five (5) Business Days
after the Agent’s receipt of written notice from Seller that it wishes to terminate the facility
evidenced by this Agreement.

1.11 The definition of “Capital Settlement Date” set forth in Exhibit I to the Agreement is
hereby amended and restated in its entirety to read as follows:

“Capital Settlement Date” means the Business Day on which any Daily Report or Monthly Report
revealing an Investment Excess is delivered.

1.12 Clause (c) of the definition of “Concentration Limit” set forth in Exhibit I to
the Agreement is hereby amended by deleting the table contained therein and substituting therefor
the table set forth below:

	 	 	 	 	 	 	 
	S&P Rating

	 	Moody’s Rating
	 	Allowable % of Adjusted

Eligible Receivables

	 

	 	 
	 	 	 	 
	A-1+

	 	P-1
	 	 	10.00	%
	 

	 	 
	 	 	 	 
	A-1

	 	P-1
	 	 	10.00	%
	 

	 	 
	 	 	 	 
	A-2

	 	P-2
	 	 	8.00	%
	 

	 	 
	 	 	 	 
	A-3

	 	P-3
	 	 	6.00	%
	 

	 	 
	 	 	 	 
	Below A-3 or Not Rated

by either S&P or

Moody’s

	 	Below P-3 or Not Rated

by either S&P or

Moody’s
	 	3.00%

	 

	 	 
	 	 	 	 

1.13 The definition of “Dilution Reserve” set forth in Exhibit I to the Agreement is
hereby amended by deleting “2.25” and substituting therefor “2.0”.

1.14 Clause (b) of the definition of “Eligible Receivable” set forth in Exhibit I to
the Agreement is hereby amended and restated in its entirety to read as follows:

“(b) which is not a Defaulted Receivable or owing from an Obligor as to which more than 50% of
the aggregate Outstanding Balance of all Receivables owing from such Obligor are Defaulted
Receivables,”

1.15 Clause (m) of the definition of “Eligible Receivable” set forth in Exhibit I to
the Agreement is hereby amended by inserting the following at the end thereof:

”, and provided further that (i) Receivables which are or may be subject to a right of set-off
as a result of an Originator’s possession or receipt of precious metal deposits from the related
Obligor shall not, solely because of such right of set-off, be excluded as Eligible Receivables,
but that (ii) the Agent may at any time and in its commercially reasonable discretion exclude such
Receivables described in clause (i) of this proviso as Eligible Receivables.”

1.16 The definition of “Facility Termination Date” set forth in Exhibit I to the Agreement is
hereby amended and restated in its entirety to read as follows:

“Facility Termination Date” means the earlier of (i) May 31, 2011, and (ii) the
Amortization Date.

1.17 The definition of “Loss Reserve” set forth in Exhibit I to the Agreement is hereby
amended by deleting “2.25” and substituting therefor “2.0”.

1.18 The definition of “Required Reserve Factor Floor” set forth in Exhibit I to the Agreement
is hereby amended by deleting “19%” and substituting therefor “14%”.

Section 2. Representations. In order to induce the other parties hereto to consent
to this Amendment: (a) Seller hereby makes each of its representations and warranties set forth in
Section 5.1 (other than Section 5.1(m)) of the Agreement as though made on and as of the date
hereof, except to the extent such representations and warranties expressly relate to an earlier
date, in which case Seller represents and warrants that such representations and warranties were
true and correct in all material respects as of such earlier date, and (b) each of the Seller
Parties hereby confirms that, as of the date of this Amendment, no event has occurred and is
continuing that constitutes an Amortization Event or a Potential Amortization Event.

Section 3. Conditions Precedent. This Amendment shall become effective as of the
date first above written upon receipt by the Agent of counterparts hereof, duly executed by each of
the parties hereto.

Section 4. Miscellaneous.

4.1. CHOICE OF LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAW OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES
THEREOF OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW WHICH SHALL
APPLY HERETO).

4.2. CONSENT TO JURISDICTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY SUBMITS
TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR STATE COURT SITTING IN THE
BOROUGH OF MANHATTAN, NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
AMENDMENT OR THE AGREEMENT AS AMENDED HEREBY AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY
AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY
SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY
SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN INCONVENIENT
FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE AGENT OR ANY PURCHASER TO BRING PROCEEDINGS
AGAINST ANY SELLER PARTY IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY ANY
SELLER PARTY AGAINST THE AGENT OR ANY PURCHASER OR ANY AFFILIATE OF THE AGENT OR ANY PURCHASER
INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED
WITH THIS AMENDMENT OR THE AGREEMENT AS AMENDED HEREBY SHALL BE BROUGHT ONLY IN A COURT IN THE
BOROUGH OF MANHATTAN, NEW YORK.

4.3. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT OR
THE AGREEMENT AS AMENDED HEREBY OR THE RELATIONSHIP ESTABLISHED HEREUNDER OR THEREUNDER.

4.4. 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 shall be
deemed to be an original and all of which when taken together shall constitute one and the same
agreement.

4.5 Attorneys’ Fees. Following the execution and delivery of this Amendment, Ferro
shall promptly pay outstanding legal fees of Greenberg Traurig, LLP, counsel to the Agent, in the
amount of $5087.80.

4.6. Patriot Act. Agent hereby notifies you that pursuant to the requirements of the
USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot
Act”), it may be required to obtain, verify and record information that identifies Ferro, which
information includes the name and address of Ferro and other information that will allow Bank to
identify Ferro in accordance with the Patriot Act. This notice is given in accordance with the
requirements of the Patriot Act. You agree to cause Company to provide Agent, prior to the date
hereof, with all documentation and other information required by bank regulatory authorities under
“know your customer” and anti-money laundering rules and regulations, including, without
limitation, the Patriot Act.

<Signature pages follow>IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be executed and delivered by their duly authorized officers as of the date hereof.

FERRO FINANCE CORPORATION, as Seller

By: /s/ Robert Gage

Name: Robert Gage

Title: Assistant Treasurer

FERRO CORPORATION, as Collection Agent

By: /s/ John T. Bingle

Name: John T. Bingle

Title: Treasurer

1

WELLS FARGO BANK, N.A.,

individually as a Purchaser and as Agent

By: /s/ William P. Rutkowski

Name: William P. Rutkowski

Title: Vice President

2EX-10.2

AMENDMENT NO. 2 TO RECEIVABLES PURCHASE AGREEMENT

THIS AMENDMENT NO. 2 TO RECEIVABLES PURCHASE AGREEMENT (this “Amendment”) is entered into as
of May 1, 2010 by and among Ferro Finance Corporation, an Ohio corporation (“Seller”), Ferro
Corporation, an Ohio corporation (“Ferro”), as initial Collection Agent, Wells Fargo Bank, N.A.
(“Wells Fargo” or a “Purchaser” and, together with its successors and assigns, the “Purchasers”),
successor by merger to Wachovia Bank, National Association, and Wells Fargo Bank, N.A., successor
by merger to Wachovia Bank, National Association, in its capacity as Agent for the Purchasers (in
such capacity, together with its successors and assigns, the “Agent”), with respect to that certain
Receivables Purchase Agreement dated as of June 2, 2009 by and among the parties (as amended from
time to time, the “Agreement”). Capitalized terms used and not otherwise defined herein shall have
the meanings attributed thereto in the Agreement.

PRELIMINARY STATEMENTS

Wachovia Bank, National Association has merged with and into Wells Fargo Bank,
N.A., and, as a matter of law, Wells Fargo Bank, N.A. has assumed and succeeded to
all of Wachovia Bank, National Association’s rights and obligations under the
Agreement and other Transaction Documents.

Seller and the Collection Agent desire to amend the Agreement as hereinafter
set forth.

Each Purchaser and the Agent is willing to agree to such amendment, on the
terms and subject to the conditions hereinafter set forth.

NOW, THEREFORE, in consideration of the premises and the other mutual covenants herein
contained, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

Section 1. Amendments.

1.1. All references to “Wachovia Bank, National Association” in the Agreement are hereby
replaced with “Wells Fargo Bank, N.A.”, and all references to “Wachovia” are hereby replaced with
“Wells Fargo.”

1.2. The definition of “Applicable Margin” set forth in Exhibit I to the Agreement is hereby
amended and restated in its entirety to read as follows:

“Applicable Margin” means the percentage set forth in the table below opposite
the applicable Leverage Ratio (as defined in the Senior Credit Agreement) of Ferro
for the quarter then most recently ended:

	 	 	 	 	 	 	 
	Tier	 	Leverage Ratio	 	Applicable Margin
	Tier I

	 	= 2.00x
	 	 	1.60	%
	 

	 	 
	 	 	 	 
	Tier II

	 	> 2.00x but = 2.50x
	 	 	1.75	%
	 

	 	 
	 	 	 	 
	Tier III

	 	> 2.50 x
	 	 	1.90	%
	 

	 	 
	 	 	 	 

provided, however, upon the occurrence and during the continuation of an
Amortization Event, the Applicable Margin will increase by 200 basis points.

The Agent will use reasonable efforts to implement changes in the Applicable
Margin resulting from a change in the Leverage Ratio in its billing system effective
as of the first Business Day immediately following delivery by Ferro to the Agent of
a copy of each Compliance Certificate (as defined in the Senior Credit Agreement)
pursuant to clause (c) of Section 7.1.1 of the Senior Credit
Agreement and in no event later than the third Business Day immediately following
such delivery; provided that if a Compliance Certificate is not delivered when due
in accordance with such Section, then the Applicable Margin shall increase to the
next higher tier above the Applicable Margin then in effect, which increased
Applicable Margin shall apply as of the first Business Day after the date on which
such Compliance Certificate was required to have been delivered.

In the event that any financial statement or Compliance Certificate delivered
pursuant to clauses (a), (b) or (c) of Section 7.1.1
of the Senior Credit Agreement is inaccurate (regardless of whether this Agreement
or any Commitment is in effect when such inaccuracy is discovered) (it being
understood and agreed that a change in GAAP that has a retroactive effect shall not
cause previously delivered financial statements or Compliance Certificates to be
deemed to be inaccurate), and such inaccuracy, if corrected, would have led to the
application of a higher Applicable Margin for any period (an “Applicable Period”)
than the Applicable Margin applied for such Applicable Period, then (i) the Seller
Parties shall immediately deliver to the Agent copies of a corrected financial
statement and a corrected Compliance Certificate for such Applicable Period, (ii)
the Applicable Margin shall be determined based on the corrected Compliance
Certificate for such Applicable Period, and (iii) the Seller shall immediately pay
to the Agent (for the account of the Purchasers during the Applicable Period or
their successors and assigns) the accrued additional Yield owing as a result of such
increased Applicable Margin for such Applicable Period. The Agent and the
Purchasers shall be entitled to rely on each Compliance Certificate to the same
degree and with the same force and effect as though such Compliance Certificate were
expressly addressed to them. As of May 1, 2010, the Applicable Margin set forth in
Tier II in the table above shall be applicable. This paragraph shall not limit the
rights of the Agent or the Purchasers with respect to the proviso immediately
following the table above or Article IX of this Agreement, and shall survive
the termination of this Agreement for a period of two years.

Section 2. Representations. In order to induce the other parties hereto to consent
to this Amendment: (a) Seller hereby makes each of its representations and warranties set forth in
Section 5.1 (other than Section 5.1(m)) of the Agreement as though made on and as of the date
hereof, except to the extent such representations and warranties expressly relate to an earlier
date, in which case Seller represents and warrants that such representations and warranties were
true and correct in all material respects as of such earlier date, and (b) each of the Seller
Parties hereby confirms that, as of the date of this Amendment, no event has occurred and is
continuing that constitutes an Amortization Event or a Potential Amortization Event.

Section 3. Conditions Precedent. This Amendment shall become effective as of the
date first above written upon receipt by the Agent of (a) counterparts hereof, duly executed by
each of the parties hereto, and (b) counterparts of an amended and restated Fee Letter, duly
executed by each of the parties thereto.

Section 4. Miscellaneous.

4.1. CHOICE OF LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAW OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES
THEREOF OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW WHICH SHALL
APPLY HERETO).

4.2. CONSENT TO JURISDICTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY SUBMITS
TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR STATE COURT SITTING IN THE
BOROUGH OF MANHATTAN, NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS
AMENDMENT OR THE AGREEMENT AS AMENDED HEREBY AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY
AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY
SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY
SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN INCONVENIENT
FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE AGENT OR ANY PURCHASER TO BRING PROCEEDINGS
AGAINST ANY SELLER PARTY IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY ANY
SELLER PARTY AGAINST THE AGENT OR ANY PURCHASER OR ANY AFFILIATE OF THE AGENT OR ANY PURCHASER
INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED
WITH THIS AMENDMENT OR THE AGREEMENT AS AMENDED HEREBY SHALL BE BROUGHT ONLY IN A COURT IN THE
BOROUGH OF MANHATTAN, NEW YORK.

4.3. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY
JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AMENDMENT OR
THE AGREEMENT AS AMENDED HEREBY OR THE RELATIONSHIP ESTABLISHED HEREUNDER OR THEREUNDER.

4.4. 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 shall be
deemed to be an original and all of which when taken together shall constitute one and the same
agreement.

<Signature pages follow>

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered
by their duly authorized officers as of the date hereof.

FERRO FINANCE CORPORATION, as Seller

By: /s/ Robert Gage

Name: Robert Gage

Title: Assistant Treasurer

FERRO CORPORATION, as Collection Agent

By: /s/ John T. Bingle

Name: John T. Bingle

Title: Treasurer

1

WELLS FARGO BANK, N.A.,

individually as a Purchaser and as Agent

By: /s/ William P. Rutkowski

Name: William P. Rutkowski

Title: Vice President

2

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