Document:

EXHIBIT 10.14

 

THIRD AMENDED AND
RESTATED PLEDGE

AND SECURITY AGREEMENT

 

Dated as of July 16, 2008

 

between

 

WORLD OMNI LT,

as Borrower,

 

and

 

AL HOLDING CORP.,

as Closed-End Collateral Agent

 

    	 		Security Agreement

     

    

 

TABLE OF CONTENTS

 

Page

 

	ARTICLE I.

	 
	USAGE DEFINITIONS AND INCORPORATION BY REFERENCE
	 
	Section 1.1   	Usage Definitions and Incorporation By Reference	2
	 	 
	ARTICLE II.

	 
	COLLATERAL
	 
	Section 2.1   	Grant of Security Interest	2
	Section 2.2   	Security for Secured Obligations	3
	Section 2.3   	Agreement to Perform	4
	Section 2.4   	Authorization to File	4
	Section 2.5   	Continuing Security Interest; Transfer of Notes	4
	Section 2.6   	Transfer of Secured Party Rights	5
	Section 2.7   	Security Interest Absolute	5
	 	 
	ARTICLE III.

	 
	REPRESENTATIONS AND WARRANTIES
	 
	Section 3.1   	Basic Representations and Warranties of the Borrower	6
	 	 
	ARTICLE IV.

	 
	COVENANTS
	 
	Section 4.1   	Protect Collateral; Further Assurances, etc.	7
	Section 4.2   	Continuous Pledge	7
	 	 
	ARTICLE V.

	 
	REMEDIES
	 
	Section 5.1   	Certain Remedies	7
	Section 5.2   	Application of Proceeds	9
	Section 5.3   	Indemnity and Expenses	9
	 	 
	ARTICLE VI.

	 
	RELEASE OF COLLATERAL
	 
	Section 6.1   	Generally	9
	Section 6.2   	Release Upon Disposition of Hedge Contract	10
	Section 6.3   	Release of Security Interest in Closed-End Vehicles Upon Disposition	10
	Section 6.4   	Release Following Discharge of Secured Obligations	11

 

    	 		Security Agreement

     

    

 

TABLE OF CONTENTS

(continued)

 

Page

 

	Section 6.5   	Further Assurances	11
	Section 6.6   	Funds Held in Trust	11
	 	 	 
	ARTICLE VII.

	 
	LIMITATIONS ON CLAIMS
	 
	Section 7.1   	No Petition	11
	Section 7.2   	Incorporation of Certain Terms of the Collateral Agency Agreement	12
	 	 	 
	ARTICLE VIII.

	 
	MISCELLANEOUS PROVISIONS
	 
	Section 8.1   	Collateral Agency Agreement	12
	Section 8.2   	Amendments, etc.	12
	Section 8.3   	Protection of Collateral	12
	Section 8.4   	Notices	12
	Section 8.5   	Section Captions	13
	Section 8.6   	Severability	13
	Section 8.7   	Governing Law; Submission to Jurisdiction	13
	Section 8.8   	Entire Agreement	13
	Section 8.9   	Limitation of Recourse to Titling Trustee	13

 

    	 	-ii-	

     

    

 

THIRD AMENDED AND
RESTATED PLEDGE AND SECURITY AGREEMENT

 

THIRD AMENDED AND RESTATED PLEDGE AND SECURITY
AGREEMENT, dated as of July 16, 2008 (this "Security Agreement"),
between:

 

		(A)	WORLD OMNI LT, a Delaware statutory trust ("WOLT"),
as Borrower;

 

		(B)	AL HOLDING CORP., a Delaware corporation ("ALHC"),
as Closed-End Collateral Agent on behalf of each of the Secured Parties; and

 

		(C)	THE OTHER SECURITY AGREEMENT CONSENTING PARTIES identified as such on the signature pages to this Security Agreement (each,
a "Security Agreement Consenting Party" and, collectively,
the "Security Agreement Consenting Parties").

 

BACKGROUND

 

		1.	World Omni LT, an Alabama trust (the "Alabama Trust"),
and certain of the Security Agreement Consenting Parties have entered into (1) the Existing Back-Up Security Agreement and (2) the Existing
Security Agreement (each as defined in the Collateral Agency Agreement (as defined below)).

 

		2.	Under the Existing Back-Up Security Agreement, the Alabama Trust pledged certain of its assets to secure (subject to the limitations
and conditions set forth therein) the obligations of Auto Lease Finance L.P., a Delaware limited partnership ("ALF
LP") under the Existing Warehouse Facilities (as defined in the Collateral Agency Agreement).

 

		3.	As of the date of this Security Agreement, the Alabama Trust merged with and into WOLT, with WOLT surviving, pursuant to which WOLT,
by operation of law (1) assumed all of the obligations of the Alabama Trust under the Existing Back-Up Security Agreement and the Existing
Security Agreement and (2) acquired all of the assets of the Alabama Trust subject, to the extent provided by applicable law, to the security
interest granted by the Alabama Trust under the Existing Back-Up Security Agreement.

 

		4.	WOLT, as successor to the Alabama Trust, and the other parties to the Existing Back-Up Security Agreement and the Existing Security
Agreement, now wish to amend and restate each such agreement, such amendments and restatements to be incorporated into a single document,
this Amended and Restated Security Agreement, as set forth herein.

 

		5.	Pursuant to the Borrower Novation Agreement (as defined in a Collateral Agency Agreement), effective as of the date of this Security
Agreement, ALF LP has transferred to WOLT, by novation, all of ALF LP's rights and obligations, as the "Borrower"
and otherwise, under and in connection with the Existing Warehouse Facilities (as defined in the Collateral Agency Agreement).

 

		6.	The parties now wish to provide that WOLT will grant a security interest in certain of its assets to secure its obligations under
the Existing Warehouse Facilities (as such facilities are to be amended and restated as of the date of this Security Agreement).

 

The Existing Back-Up Security Agreement and the Existing Security Agreement
are now amended and restated in their entirety to read, collectively, as follows:

 

    	 		Security Agreement

     

    

 

ARTICLE
I.

USAGE DEFINITIONS AND INCORPORATION BY REFERENCE

 

Section 1.1             
Usage Definitions and Incorporation By Reference.

 

Capitalized terms used but not otherwise defined
in this Security Agreement have the meanings assigned to such terms under Appendix A to the Collateral Agency Agreement,
dated as of July 16, 2008 (the "Collateral Agency Agreement"),
among WOLT, as Borrower (the "Borrower"), ALHC,
as Closed-End Collateral Agent, Bank of America, N.A., as Deal Agent, U.S. Bank National Association, as Closed-End Administrative Agent,
and the other Secured Parties named therein. Appendix A to the Collateral Agency Agreement is hereby incorporated by reference
into, and made applicable to, this Security Agreement. Appendix A to the Collateral Agency Agreement also contains rules
of usage that are applicable to this Security Agreement.

 

ARTICLE
II.

COLLATERAL

 

Section 2.1             
Grant of Security Interest.

 

Effective as of the Closing Date, the Borrower (and,
to the extent it is deemed to hold any interest in the Collateral, VT Inc.) hereby Grants to ALHC, for itself and as Closed-End Collateral
Agent for the benefit of the Secured Parties, all of its rights, title and interest in, to and under the following property (in each case
whether now owned or existing or hereafter acquired or arising) (collectively, the "Collateral"):

 

(a)               
all Closed-End Units;

 

(b)               
all Closed-End Collections on the Closed-End Units;

 

(c)               
all Insurance Policies, to the extent covering or otherwise relating to the Closed-End Units;

 

(d)               
all amounts received on any Closed-End Lease in respect of any Dealer Recourse Right;

 

(e)               
the Lease Funding Account;

 

(f)                
the Exchange Note Accounts;

 

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(g)               
 the Company Account (and, together with the Lease Funding Account, and the Exchange Note Accounts,
the "Borrower Accounts");

 

(h)               
all funds from time to time on deposit in the Borrower Accounts, together with all certificates
and instruments, if any, from time to time evidencing such accounts, and funds on deposit and all investments made with such funds, all
claims thereunder or in connection therewith, and all interest, dividends, moneys, instruments, securities and other property from time
to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing; 

 

(i)                
all Hedge Contracts (if any); and

 

(j)                
all proceeds of the foregoing

 

; provided, however, that,
 "Collateral" shall not include any RV Adjustment Funds or Relinquished Vehicle Proceeds. Notwithstanding the foregoing proviso,
however, the security interest granted pursuant to this Section 2.1,
and the definition of "Collateral," shall include any Relinquished Vehicle Proceeds deposited into the Lease Funding Account,
the Company Account or any Exchange Note Account, in each case in accordance with the terms of the Master Exchange Agreement.

 

Such security interest in the Collateral includes
all of the rights, powers and options (but none of the obligations) of the Borrower and VT Inc., in, to and under the Collateral, including
the immediate and continuing right to claim for, collect, receive and give receipt for payments in respect of the Collateral and all other
monies payable under the Collateral, to give and receive options, to bring Proceedings in the name of the Borrower or otherwise, and generally
to do and receive anything that the Borrower is or may be entitled to do or receive under the Collateral or with respect to the Collateral.

 

The security interest granted by each of WOLT and
VT Inc. pursuant to this Section 2.1 shall be deemed to
constitute both (1) an initial grant of a security interest in the Collateral and (2) an amendment and restatement of (and a continuation
of) the security interest granted by such Person pursuant to the Existing Back-Up Security Agreement.

 

 Section 2.2              Security for Secured Obligations.

 

The Grant pursuant to Section
2.1 is made to secure the following obligations of the Borrower (collectively, the "Secured
Obligations" and each a "Secured Obligation"):

 

		(i)	the payment of principal of, and interest on, (x) the Advances made from time to time pursuant to the Warehouse Facilities and (y)
any Closed-End Exchange Notes;

 

		(ii)	all indebtedness, obligations and liabilities, in each case of the Borrower, of every kind or nature, whether now or hereafter existing,
for principal, interest, fees, expenses or otherwise, to any Person under or in connection with any Warehouse Facility or Closed-End Exchange Note (in each case
to the extent not specified in clause (i) of this Section
2.2);

 

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		(iii)	all amounts payable to any Closed-End EN Secured Party in accordance with the applicable Exchange Note Supplement (to the extent not
specified in clause (i) of this Section
2.2);

 

		(iv)	all obligations of the Borrower to the Closed-End Collateral Agent, the Closed-End Administrative Agent and the Deal Agent under this
Security Agreement, any other Collateral Document or the Collateral Agency Agreement; and

 

		(v)	all obligations of the Borrower to the Closed-End Servicer under the Closed-End Servicing Agreement.

 

 Section 2.3              Agreement to Perform.

 

The Closed-End Collateral Agent acknowledges such
grant and agrees to perform the duties of the Closed-End Collateral Agent as are set forth in this Security Agreement and the Collateral
Agency Agreement so that the interests of the Secured Parties may be adequately and effectively protected.

 

 Section 2.4              Authorization to File.

 

Each of the Borrower and VT Inc. authorizes the Closed-End
Collateral Agent and any law firm or other agent designated by the Closed-End Collateral Agent to file any Record or Records (as such
term is defined in the applicable UCC), including financing statements or continuation statements, and amendments thereto, in all jurisdictions
and with all filing offices as are necessary or advisable to perfect, and continue the perfection of, the security interest granted to
the Closed-End Collateral Agent by it under this Security Agreement. Such financing statements may describe the Collateral in any manner
as the Closed-End Collateral Agent may determine is necessary, advisable or prudent to ensure the perfection of the security interest
granted to the Closed-End Collateral Agent under this Security Agreement (including as "all personal property and assets now owned
or hereafter acquired and wherever located" or words to similar effect).

 

 Section 2.5              Continuing Security Interest; Transfer of Notes.

 

This Security Agreement shall create a continuing
security interest in the Collateral and shall:

 

(a)               
remain in full force and effect until the later to occur of (i) the payment in full of all Secured
Obligations and (ii) the termination of all Commitments (such later date, the "Final
Release Date");

 

(b)               
be binding upon the Borrower and its successors, transferees and assigns, and

 

(c)               
 inure, together with the rights and remedies of the Closed-End Collateral Agent under this Security
Agreement, to the benefit of the Closed-End Collateral Agent and each other Secured Party.

 

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 Section 2.6              Transfer of Secured Party Rights.

 

(a)               
Without limiting Section 2.5(c),
but subject to Section 2.6(b), below, any Warehouse Facility
Lender may assign or otherwise transfer (each, a "Warehouse Facility
Lender Transfer") all or a portion of any Warehouse Facility Note or Advance held by it (any of the foregoing, a "WFL
Transferred Interest") to any other Person (any such other Person, a "Warehouse
Facility Lender Transferee"). Upon the effectiveness of any such Warehouse Facility Lender Transfer, such Warehouse
Facility Lender Transferee shall become vested with all the rights and benefits of the transferring Warehouse Facility Lender under the
applicable Warehouse Facility and under the Collateral Document(s) (including this Security Agreement) that, in each case, may be associated
with the applicable WFL Transferred Interest.

 

(b)               
The rights of the Warehouse Facility Lenders and any Warehouse Facility Lender Transferees pursuant
to Section 2.6(a) shall be subject to any provisions in
the related Receivables Financing Agreement or any other Basic Document, or which otherwise are applicable to such Warehouse Facility
or the applicable Warehouse Facility Lender, that have the effect of restricting or prohibiting the transfer or assignment of the applicable
WFL Transferred Interest(s) in the manner contemplated under such Warehouse Facility Lender Transfer.

 

 Section 2.7              Security Interest Absolute.

 

All rights of the Closed-End Collateral Agent and
the security interests granted to the Closed-End Collateral Agent under this Security Agreement, and all obligations of the Borrower under
this Security Agreement, shall be absolute and unconditional, irrespective of:

 

(a)               
any lack of validity or enforceability of any Warehouse Facility, any Warehouse Facility Note,
any Closed-End Exchange Note or any other Basic Document or Collateral Document;

 

(b)               
the failure of any Secured Party:

 

(i)                
to assert any claim or demand or to enforce any right or remedy against the Borrower or any other Person under provisions of the
relevant Warehouse Facility, any Warehouse Facility Note, any Closed-End Exchange Note, any other Basic Document or otherwise, or

 

(ii)              
to exercise any right or remedy against any other guarantor of, or collateral securing, any Secured Obligations;

 

(c)               
 any change in the time, manner or place of payment of, or in any other term of, all or any of
the Secured Obligations or any other extension, compromise or renewal of any Secured Obligation;

 

    	 	5	Security Agreement

     

    

 

(d)               
any reduction, limitation, impairment or termination of any Secured Obligations for any reason,
including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to (and the Borrower hereby waives
any right to or claim of) any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality,
nongenuineness, irregularity, compromise, unenforceability of, or any other event or occurrence affecting, any Secured Obligations or
otherwise;

 

(e)               
any amendment to, rescission, waiver, or other modification of, or any consent to departure from,
any of the terms of any Warehouse Facility, any Servicing Supplement, any Exchange Note Supplement, any Warehouse Facility Note, any Closed-End
Exchange Note or any other Basic Document;

 

(f)                
any addition, exchange, release, surrender or non-perfection of any collateral (including the Collateral),
or any amendment to or waiver or release of or addition to or consent to departure from any guaranty, for any of the Secured Obligations,
or

 

(g)               
any other circumstances that might otherwise constitute a defense available to, or a legal or equitable
discharge of, the Borrower, any surety or any guarantor.

 

ARTICLE
III.

REPRESENTATIONS AND WARRANTIES

 

 Section 3.1              Basic Representations and Warranties of the Borrower.

 

The Borrower represents and warrants to each Secured
Party as follows:

 

(a)               
Ownership, No Liens, etc. The Borrower is the legal and beneficial owner of, and
has good and marketable title to (and has full right and authority to pledge and assign) the Collateral free and clear of all liens, security
interests, options, or other charges or encumbrances, except any lien or security interest granted pursuant hereto in favor of the Closed-End
Collateral Agent.

 

(b)               
Valid Security Interest. The (i) filing of a financing statement reflecting the Borrower
as debtor, and the Closed-End Collateral Agent as secured party, is effective to create a valid, perfected, first priority security interest
in the Closed-End Leases, the other Filing Collateral and all proceeds thereof, and (ii) reflecting of the lien of the Closed-End Collateral
Agent on the Certificate of Title for each Closed-End Vehicle, in compliance with the Applicable Law of the relevant State, is effective
to create a first priority perfected security interest in the Closed-End Vehicles, in each case in favor of the Closed-End Collateral
Agent to secure the Secured Obligations.

 

(c)               
 Authorization, Approval, etc. No authorization, approval, or other action by, and
no notice to or filing with, any governmental authority, regulatory body or any other Person is required for (i) the pledge by the Borrower
of any Collateral pursuant to this Security Agreement, (ii) the execution, delivery, and performance of this Security Agreement or the
other Collateral Documents by the

 

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Borrower or (iii) the exercise by the Closed-End Collateral Agent of any rights provided for in this
Security Agreement.

 

ARTICLE
IV.

COVENANTS

 

 Section 4.1              Protect Collateral; Further Assurances, etc.

 

The Borrower will not sell, assign, transfer, pledge,
or encumber in any other manner the Collateral (except in favor of the Closed-End Collateral Agent under this Security Agreement). The
Borrower will warrant and defend the right and title herein granted to the Closed-End Collateral Agent in and to the Collateral (and all
right, title, and interest represented by the Collateral) against the claims and demands of all Persons whomsoever. The Borrower agrees
that at any time, and from time to time, at the expense of the Borrower, the Borrower will promptly execute and deliver all further instruments,
and take all further action, that may be necessary or desirable, or that the Closed-End Collateral Agent may reasonably request, in order
to perfect and protect any security interest granted or purported to be granted hereby or to enable the Closed-End Collateral Agent to
exercise and enforce its rights and remedies hereunder with respect to any Collateral.

 

 Section 4.2              Continuous Pledge.

 

Subject to ARTICLE
VI, the Borrower will, at all times, keep the Collateral pledged to the Closed-End Collateral Agent pursuant to this Security
Agreement.

 

ARTICLE
V.

REMEDIES

 

 Section 5.1              Certain Remedies.

 

If any Warehouse Facility Termination Event or Facility
Default shall have occurred and be continuing then, subject to the applicable terms of the Intercreditor Agreement and the Collateral
Agency Agreement:

 

(a)                The
Closed-End Collateral Agent may exercise in respect of the Collateral, in addition to other rights and remedies provided for herein
or otherwise available to it, all the rights and remedies of a secured party on default under the UCC (whether or not the UCC
applies to the affected Collateral) and also may, without notice except as specified below, sell the Collateral or any part thereof
at public or private sale, at any of the Closed-End Collateral Agent's offices or elsewhere, for cash, on credit or for future
delivery, and upon such other terms as the Closed-End Collateral Agent may deem commercially reasonable. The Borrower agrees that,
to the extent notice of sale shall be required by law, at least twenty days' prior notice to the Borrower of the time and place of
any public sale or the time after which any private sale is to be made shall constitute reasonable notification. The Closed-End
Collateral Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The
Closed-End Collateral Agent may adjourn any public or private sale from time to time by

 

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announcement at the time and place fixed therefor, and such
sale may, without further notice, be made at the time and place to which it was so adjourned.

 

(b)               
The Closed-End Collateral Agent may (and shall, at the direction of the Deal Agent, given in accordance
with the Collateral Agency Agreement):

 

(i)                
transfer all or any part of the Collateral into the name of the Closed-End Collateral Agent or its nominee, with or without disclosing
that such Collateral is subject to the lien and security interest hereunder;

 

(ii)              
enforce collection of any of the Collateral by suit or otherwise, and surrender, release or exchange all or any part thereof,
or compromise or extend or renew for any period (whether or not longer than the original period) any obligations of any nature of any
party with respect thereto;

 

(iii)            
endorse any checks, drafts, or other writings in the Borrower's name to allow collection of the Collateral;

 

(iv)             
take control of any proceeds of the Collateral; and

 

(v)               
execute (in the name, place and stead of the Borrower) endorsements, assignments and other instruments of conveyance or transfer
with respect to all or any of the Collateral.

 

(c)                The
Closed-End Collateral Agent shall give notice to (1) the Company Account Bank (with copies to the Borrower and the Closed-End
Servicer), as provided in the Company Account Agreement, of the exercise by the Closed-End Collateral Agent (for the benefit of the
Secured Parties) of exclusive dominion and control over the Company Account or (2) the Lease Funding Account Bank (with copies to
the Borrower and the Closed-End Servicer), as provided in the Lease Funding Account Agreement, of the exercise by the Closed-End
Collateral Agent (for the benefit of the Secured Parties) of exclusive dominion and control over the Company Account. Following its
receipt of a notice of the type described in the immediately preceding sentence with respect to the Company Account or the Lease
Funding Account, the Borrower shall comply with the terms of the Company Account Agreement or the Lease Funding Account Agreement,
as the case may be, applicable under such circumstances, and shall take any further action that the Closed-End Collateral Agent, the
Closed-End Administrative Agent or the Deal Agent may reasonably request to enable the Closed-End Collateral Agent to exercise
control over such account in the manner provided in the Company Account Agreement or the Lease Funding Account Agreement, as the
case may be. The Borrower shall not terminate the Company Account Bank or the Lease Funding Account Bank, make any change in its
instructions regarding payments to be made by the Company Account Bank or the Lease Funding Account Bank, unless the Closed-End
Collateral Agent and the Deal Agent shall have received duly executed counterparts of a new Company Account Agreement or the
Lease Funding Account Agreement, as the case may be, and copies of such instructions and previously shall have consented in writing
to such termination or change (which, in the case of any

 

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such termination, shall not be unreasonably withheld,
conditioned or delayed by the Closed-End Collateral Agent) or the Deal Agent.

 

 Section 5.2              Application of Proceeds.

 

All cash proceeds received by the Closed-End Collateral
Agent in respect of any sale of, collection from, or other realization upon, all or any part of the Collateral following and during the
continuation of a Warehouse Facility Termination Event or an Exchange Note Default shall be applied by the Administrative Agent in the
manner set forth in Article X, and in the other applicable
provisions, of the Collateral Agency Agreement. Closed-End Collateral Agent against, all or any part of the Secured Obligations in the
order of priority set forth therein.

 

 Section 5.3              Indemnity and Expenses.

 

The Borrower hereby indemnifies and holds harmless
the Closed-End Collateral Agent from and against any and all claims, losses, and liabilities arising out of or resulting from this Security
Agreement (including enforcement of this Security Agreement), except claims, losses, or liabilities resulting from the Closed-End Collateral
Agent's gross negligence or willful misconduct. Upon demand, the Borrower will pay to the Closed-End Collateral Agent the amount of any
and all reasonable expenses, including the reasonable fees and disbursements of its counsel and of any experts and agents, that the Closed-End
Collateral Agent may incur in connection with:

 

(a)               
the administration of this Security Agreement and each other Collateral Document (if any);

 

(b)               
the custody, preservation, use, or operation of, or the sale of, collection from, or other realization
upon, any of the Collateral;

 

(c)               
the exercise or enforcement of any of the rights of the Closed-End Collateral Agent under this
Security Agreement; or

 

(d)               
the failure by the Borrower to perform or observe any of the provisions of this Security Agreement.

 

ARTICLE
VI.

 

RELEASE OF COLLATERAL

 

 Section 6.1              Generally.

 

When required by this Security Agreement or the Collateral
Agency Agreement, the Closed-End Collateral Agent will execute instruments to release property from the security interest granted pursuant
to Section 2.1, or convey the Closed-End Collateral Agent's
interest in the same, in a

 

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manner and under circumstances provided in this Security Agreement or in the Collateral Agency Agreement. The
Closed-End Collateral Agent will release property from the security interest granted pursuant to Section
2.1 only pursuant to and in accordance with this Security Agreement, the Collateral Agency Agreement, any other Collateral
Documents and the other Basic Documents.

 

 Section 6.2              Release Upon Disposition of Hedge Contract.

 

(a)               
From time to time, the Borrower may request the release of the Closed-End Collateral Agent's security
interest in any Hedge Contract by delivering to the Closed-End Collateral Agent and each Secured Party a notice (each, a "Notice
of Hedge Agreement Release"), which Notice of Hedge Agreement Release shall state that the Borrower plans to sell
or otherwise dispose of such Hedge Contract and that no Warehouse Facility Termination Event, Unmatured Warehouse Facility Termination
Event or Facility Default shall have occurred and be continuing or result from such sale or disposition.

 

(b)               
So long as no Warehouse Facility Termination Event, Unmatured Warehouse Facility Termination Event
or Facility Default shall have occurred and be continuing or result from such sale or disposition, the Closed-End Collateral Agent shall,
within three (3) Business Days of receipt of the Notice of Hedge Agreement Release, execute and deliver to the Borrower such documents
(including, without limitation, UCC partial releases) as shall be necessary to release the Hedge Contract specified in the Notice of Hedge
Agreement Release from the liens or security interest created by this Security Agreement, which documents shall be prepared by, or at
the expense of, the Borrower (or the Closed-End Servicer, on behalf of the Borrower) but shall be in form and substance reasonably satisfactory
to the Closed-End Collateral Agent.

 

(c)               
When the release of any Hedge Contract is effective in accordance with Section
6.2(b), all right, title and interest of the Closed-End Collateral Agent in, to and under such Hedge Contract shall terminate
and shall revert to the Borrower, its successors and assigns, and the right, title and interest of the Closed-End Collateral Agent therein
shall thereupon cease, terminate and become void; and, upon the request of, at the expense of, the Borrower, the Closed-End Collateral
Agent shall assign and transfer, or cause to be assigned and transferred, and shall deliver or cause to be delivered to the Borrower or
its designee, all property, including all moneys, instruments and securities, of the Borrower then held by the Closed-End Collateral Agent
with respect to such Hedge Contract.

 

Section 6.3             
Release of Security Interest in Closed-End Vehicles Upon Disposition.

 

Notwithstanding Section
2.1 or any other provision of this Security Agreement to the contrary, with respect to each Closed-End Vehicle that constitutes
a Relinquished Vehicle, the Closed-End Collateral Agent hereby releases, effective on the Effective Date (as defined in the Master Exchange
Agreement), if any, with respect to such Closed-End Vehicle, any and all liens, security interests and/or other rights and interests it
possesses or may possess from time to time in (x) the proceeds of such Relinquished Vehicle and (y) any Disposition Contracts relating
to such Relinquished Vehicle (the "Released Collateral"
with respect to any Closed-End Vehicle). If the Effective Date is also the date of the sale of the related Closed-End Vehicle by the Titling
Trust, then the foregoing release shall be deemed to occur simultaneously with such sale. The foregoing release shall cease to apply at
such time as any such Relinquished Vehicle Proceeds have been deposited into the Lease Funding Account, the Company

 

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Account or any Exchange
Note Account, in each case in accordance with the Master Exchange Agreement.

 

 Section 6.4              Release Following Discharge of Secured Obligations.

 

On the Final Release Date, (i) the security interest
granted under this Security Agreement shall terminate and all rights in, to and under the Collateral shall revert to the Borrower and
(ii) the Closed-End Collateral Agent shall release to the Borrower or any other Person entitled thereto all funds on deposit in any Exchange
Note Collection Account.

 

 Section 6.5              Further Assurances.

 

Upon the request of the Borrower in connection with
any release of Collateral, or termination of all or part of the security interest granted pursuant to this Security Agreement, in each
case pursuant to this ARTICLE VI, the Closed-End Collateral
Agent shall authorize, execute (to the extent applicable) and deliver to the Borrower (i) any termination statements for filing under
the provisions of the UCC of any applicable jurisdiction, (ii) any certificates or instruments held by the Closed-End Collateral Agent
and representing the Collateral and (iii) such documents as the Borrower shall reasonably request to evidence such release or termination,
in each case without any representation or warranty of any kind to the Borrower.

 

 Section 6.6              Funds Held in Trust.

 

The Closed-End Collateral Agent agrees that any monies
received by it in respect of the Released Collateral in its capacity as Closed-End Collateral Agent shall be held in trust for and promptly
paid to or at the direction of the Qualified Intermediary. In the event that the Qualified Intermediary is removed or replaced in such
capacity under the Master Exchange Agreement, World Omni and ALF LLC shall provide prompt written notice to the Closed-End Collateral
Agent and the Deal Agent.

 

ARTICLE
VII.

 

LIMITATIONS ON CLAIMS

 

 Section 7.1              No Petition.

 

The Closed-End Collateral Agent, by entering into
this Security Agreement, the Deal Agent, each Warehouse Facility Agent, each Warehouse Facility Lender, each Liquidity Agent, by accepting
(directly or indirectly) the benefits of this Security Agreement, and each Exchange Noteholder, by taking delivery of a Closed-End Exchange
Note, covenants and agrees that for a period of one year and one day (or, if longer, any applicable preference period) after payment in
full of all Secured Obligations and all other Trust-Related Obligations (as defined in the Titling Trust Agreement), it will not institute
against the Borrower or the Initial Beneficiary, or join in any institution against the Borrower or the Initial Beneficiary of, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or State bankruptcy or similar
law in connection with any Secured Obligations, or any other obligations relating to this Security Agreement, the Collateral Agency Agreement
or any other Basic Document.

 

    	 	11	Security Agreement

     

    

 

 Section 7.2              Incorporation of Certain Terms of the Collateral Agency Agreement.

 

It is acknowledged, for avoidance of doubt, that
Article IV and Section
10.7 of the Collateral Agency Agreement are applicable to this Security Agreement. Such provisions (i) are hereby incorporated
by reference into this Security Agreement to the extent that such provisions by their terms apply to the rights and duties of the parties
set forth in, and/or the other matters addressed in, this Security Agreement and (ii) to such extent, shall apply to this Security Agreement
in the same manner as though set forth herein. Without limiting the immediately preceding sentence, it is acknowledged and agreed that
the Closed-End Collateral Agent has the benefit of Section 4.3,
Section 4.4 and Section
4.5, in each case of the Collateral Agency Agreement, with respect to the rights and duties of the Closed-End Collateral
Agent under this Security Agreement).

 

ARTICLE
VIII.

MISCELLANEOUS PROVISIONS

 

 Section 8.1              Collateral Agency Agreement.

 

This Security Agreement shall be construed, administered
and applied in accordance with the terms and provisions of the Collateral Agency Agreement. To the extent of any inconsistency between
the Collateral Agency Agreement and this Security Agreement, the provisions of the Collateral Agency Agreement shall prevail.

 

 Section 8.2              Amendments, etc.

 

No amendment to or waiver of any provision of
this Security Agreement nor consent to any departure by the Borrower herefrom shall in any event be effective unless the same shall
be in writing and signed by the Closed-End Collateral Agent, and then such waiver or consent shall be effective only in the specific
instance and for the specific purpose for which it is given. The Closed-End Collateral Agent shall not agree to any such amendment,
or grant any such waiver or consent, except in accordance with the Collateral Agency Agreement.

 

 Section 8.3              Protection of Collateral.

 

The Closed-End Collateral Agent may from time to time,
at its option, perform any act that the Borrower agrees hereunder to perform and that the Borrower shall fail to perform after being requested
in writing, after five Business Days' notice, to so perform (it being understood that no such request need be given after the occurrence
and during the continuance of Warehouse Facility Termination Event or a Facility Default), and the Closed-End Collateral Agent may from
time to time take any other action that the Closed-End Collateral Agent reasonably deems necessary for the maintenance, preservation or
protection of any of the Collateral or of its security interest therein.

 

 Section 8.4              Notices.

 

Any and all notices and other communications provided
for under this Security Agreement shall, unless otherwise stated herein, be delivered in accordance with, and shall be deemed

 

    	 	12	Security Agreement

     

    

 

delivered
in accordance with, the Notice Requirements, which are hereby incorporated into this Security Agreement.

 

 Section 8.5              Section Captions.

 

Section captions used in this Security Agreement
are for convenience of reference only, and shall not affect the construction of this Security Agreement.

 

 Section 8.6              Severability.

 

Wherever possible each provision of this Security
Agreement shall be interpreted in such manner as to be effective and valid under Applicable Law, but if any provision of this Security
Agreement shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining provisions of this Security Agreement.

 

 Section 8.7              Governing Law; Submission to Jurisdiction.

 

THIS SECURITY AGREEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

 

ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO
THIS SECURITY AGREEMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR OF THE UNITED STATES FEDERAL COURT SITTING IN THE SOUTHERN
DISTRICT OF NEW YORK, AND BY EXECUTION AND DELIVERY OF THIS SECURITY AGREEMENT, EACH OF THE PARTIES HERETO HEREBY CONSENTS, FOR ITSELF
AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE COURTS. EACH PARTY HEREBY IRREVOCABLY WAIVES, TO THE MAXIMUM
EXTENT PERMITTED BY LAW, ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS,
WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH JURISDICTION IN RESPECT OF THIS SECURITY
AGREEMENT OR ANY DOCUMENT RELATED HERETO.

 

 Section 8.8              Entire Agreement.

 

This Security Agreement, taken together with Collateral
Agency Agreement, the other Collateral Document(s) (if any) and the other Basic Documents constitute the entire understanding among the
parties hereto with respect to the subject matter hereof and supersede any prior agreements, written or oral, with respect thereto.

 

 Section 8.9              Limitation of Recourse to Titling Trustee.

 

It is expressly understood and agreed by the parties
to this Security Agreement that (a) this Security Agreement is executed and delivered by VT Inc., not individually or personally but solely
as Titling Trustee with respect to the Borrower, in the exercise of the powers and authority conferred and vested in it under the Titling
Trust Agreement and otherwise, (b) each of the representations, undertakings

 

    	 	13	Security Agreement

     

    

 

and agreements herein made on the part of the Borrower are
made and intended not as personal representations, undertakings and agreements by VT Inc. (or by U.S. Bank), but are made and intended
for the purpose of binding only World Omni LT, as Borrower, (c) nothing contained in this Agreement shall be construed as creating any
liability on the part of VT Inc. or U.S. Bank, individually or personally, to perform any covenant, either expressed or implied, contained
herein, all such liability, if any, being expressly waived by the parties hereto and by any person claiming by, through or under the parties
to this Agreement and (d) under no circumstances shall VT Inc. or U.S. Bank be personally liable for the payment of any indebtedness or
expenses of World Omni LT, as Borrower or otherwise, under this Security Agreement, any other Basic Document or any other related document.

 

[SIGNATURE PAGES
FOLLOW]

 

    	 	14	Security Agreement

     

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Security Agreement to be duly executed and delivered by their respective officers thereunto duly authorized as of the day
and year first above written.

 

	 	WORLD OMNI LT,
	 	as the Borrower
	 	 	 
	 	By:	VT
    Inc., solely
    in its capacity as titling trustee
	 	 	 
	 	By:	/s/ Patricia M. Child
	 	 	Name: Patricia M. Child
	 	 	Title: President

 

[Signature Pages to Security Agreement—Page 1 of 20]

 

    	 		Security Agreement

     

    

 

	 	AL HOLDING CORP.,
	 	as Closed-End Collateral Agent
	 	 	 
	 	By:	/s/
    Philip A. Martone
	 	 	Name: Philip
    A. Martone
	 	 	Title: Vice President

 

[Signature Pages to Security Agreement—Page 2 of 20]

 

    Security Agreement

     

    

 

EACH OF THE FOLLOWING PERSONS AS A

SECURITY AGREEMENT CONSENTING PARTY:

 

	 	WORLD OMNI FINANCIAL CORP.
	 	 	 
	 	By:	/s/
    Ben Miller
	 	 	Name: Ben Miller
	 	 	Title: Assistant Treasurer

 

[Signature Pages to Security Agreement—Page 3 of 20]

 

    Security Agreement

     

    

 

	 	AUTO LEASE FINANCE LLC
	 	 

	 	By:	/s/ Ben Miller

	 	 	Name: Ben Miller

	 	 	Title: Assistant Treasurer

 

[Signature
Pages to Security Agreement—Page 4 of 20]

 

    Security Agreement

     

    

 

[Reserved]

 

[Signature
Pages to Security Agreement—Page 5 of 20]

 

    Security Agreement

     

    

 

	 	BANK OF AMERICA, N.A.
	 	 

	 	By:	/s/ Willem Van Beek

	 	 	Name: Willem Van Beek

	 	 	Title: Principal

 

[Signature
Pages to Security Agreement—Page 6 of 20]

 

    Security Agreement

     

    

 

	 	LIBERTY STREET FUNDING LLC
	 	 

	 	By:	/s/ Jill A. Gordon

	 	 	Name: Jill A. Gordon

	 	 	Title: Vice President

 

[Signature
Pages to Security Agreement—Page 7 of 20]

 

    Security Agreement

     

    

 

	 	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,

NEW YORK BRANCH
	 	 

	 	By:	/s/ Ichinari Matsui

	 	 	Name: Ichinari Matsui

	 	 	Title: SVP & Group Head

 

[Signature
Pages to Security Agreement—Page 8 of 20]

 

    Security Agreement

     

    

 

	 	GOTHAM FUNDING CORPORATION

 

	 	By:	/s/ R. Douglas Donaldson

	 	 	Name: R. Douglas Donaldson

	 	 	Title: Treasurer

 

[Signature
Pages to Security Agreement—Page 9 of 20]

 

    Security Agreement

     

    

 

	 	THE BANK OF NOVA SCOTIA

 

	 	By:	/s/ Norman Last

	 	 	Name: Norman Last

	 	 	Title: Managing Director

 

[Signature
Pages to Security Agreement—Page 10 of 20]

 

    Security Agreement

     

    

 

	 	CREDIT SUISSE, NEW YORK BRANCH

 

	 	By:	/s/ Alex Smith

	 	 	Name: Alex Smith

	 	 	Title: Vice President

 

	 	By:	/s/ Mark Golombeck

	 	 	Name: Mark Golombeck

	 	 	Title: Director

 

[Signature
Pages to Security Agreement—Page 11 of 20]

 

    Security Agreement

     

    

 

	 	SUNTRUST BANK
	 	 

	 	By:	/s/ Robert Maddox

	 	 	Name: Robert Maddox

	 	 	Title: Director

 

[Signature
Pages to Security Agreement—Page 12 of 20]

 

    Security Agreement

     

    

 

	 	SUNTRUST ROBINSON HUMPHREY, INC.
	 	 

	 	By:	/s/ Michael G. Maza

	 	 	Name: Michael G. Maza

	 	 	Title: Managing Director

 

[Signature
Pages to Security Agreement—Page 13 of 20]

 

    Security Agreement

     

    

 

	 	RANGER FUNDING COMPANY LLC
	 	 

	 	By:	/s/ Doris J. Hearn

	 	 	Name: Doris J. Hearn

	 	 	Title: Vice President

 

[Signature
Pages to Security Agreement—Page 14 of 20]

 

    Security Agreement

     

    

 

	 	ENTERPRISE FUNDING COMPANY LLC
	 	 

	 	By:	/s/ Kevin P. Burns

	 	 	Name: Kevin P. Burns

	 	 	Title: Vice President

 

[Signature
Pages to Security Agreement—Page 15 of 20]

 

    Security Agreement

     

    

 

	 	ALPINE SECURITIZATION CORP.
	 	 

	 	By:	/s/ Mark Lengel

	 	 	Name: Mark Lengel

	 	 	Title: Attorney-In-Fact
	 	 	 

	 	By:	/s/ Joseph Soave

	 	 	Name: Joseph Soave

	 	 	Title: Attorney-In-Fact

 

[Signature
Pages to Security Agreement—Page 16 of 20]

 

    Security Agreement

     

    

 

	 	THREE PILLARS FUNDING LLC
	 	 

	 	By:	/s/ Doris J. Hearn

	 	 	Name: Doris J. Hearn

	 	 	Title: Vice President

 

[Signature
Pages to Security Agreement—Page 17 of 20]

 

    Security Agreement

     

    

 

	 	WACHOVIA CAPITAL MARKETS, LLC
	 	 

	 	By:	/s/ Andrew W. Riebe

	 	 	Name: Andrew W. Riebe

	 	 	Title: Director

 

[Signature
Pages to Security Agreement—Page 18 of 20]

 

    Security Agreement

     

    

 

	 	WACHOVIA BANK, NATIONAL ASSOCIATION
	 	 

	 	By:	/s/ Leah W. Miller

	 	 	Name: Leah W. Miller

	 	 	Title: Managing Director

 

[Signature
Pages to Security Agreement—Page 19 of 20]

 

    Security Agreement

     

    

 

	 	VARIABLE FUNDING CAPITAL COMPANY LLC
	 	 

	 	By:	WACHOVIA CAPITAL MARKETS, LLC

	 	 	as Attorney In Fact
	 	 	 

	 	By:	/s/ Douglas R. Wilson, Sr.

	 	 	Name: Douglas R. Wilson, Sr.

	 	 	Title: Director

 

[Signature
Pages to Security Agreement—Page 20 of 20]

 

    Security AgreementExhibit 10.1
​
Execution Version
​
AMENDMENT NO. 1 TO CREDIT SUPPORT AGREEMENT
​
This Amendment No. 1 to Credit Support Agreement (this “Amendment”), is dated as of March 12, 2021, between CLEAN ENERGY FUELS CORP., a Delaware corporation (the “Borrower”) and TOTAL HOLDINGS USA INC., a Delaware corporation (the “Guarantor”).
​
WHEREAS, the Borrower and Société Générale, a company incorporated as a société anonyme under the laws of France (the “Lender”), have entered into that certain Term Credit Agreement, dated as of January 2, 2019 and amended as of March 12, 2021 (as further amended, restated, supplemented or otherwise modified from time to time in accordance with its provisions, the “Credit Agreement”), pursuant to which the Lender has made available to the Borrower certain Loans (as defined therein) and other credit accommodations. In connection with the execution of the Credit Agreement, the Guarantor and the Lender have entered into that certain Guaranty, dated as of January 2, 2019 (as amended, restated, supplemented or otherwise modified from time to time in accordance with its provisions, the “Guaranty”), pursuant to which the Guarantor agreed to guarantee certain “Obligations” (as defined therein) of the Borrower arising in connection with the Credit Agreement;
​
WHEREAS, in connection with the foregoing, the Borrower and the Guarantor entered into that certain Credit Support Agreement, dated as of January 2, 2019 (as amended, restated, supplemented or otherwise modified from time to time in accordance with its provisions, the “Credit Support Agreement”), pursuant to which the Borrower agreed to undertake certain obligations in favor of the Guarantor arising in connection with the Guaranty;
​
WHEREAS, the parties hereto desire to amend the Credit Support Agreement on the terms and subject to the conditions set forth herein; and
​
WHEREAS, the Borrower has requested, and the Guarantor has agreed, to amend the Credit Support Agreement to, among other things, permit the Borrower to use the proceeds of the Loan (as defined in the Credit Support Agreement) for certain additional purposes as set forth herein.
​
NOW, THEREFORE, in consideration of the premises set forth above and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
​
1.Definitions. Capitalized terms used and not defined in this Amendment shall have the respective meanings given them in the Credit Support Agreement.
​
	2.
	Amendments to the Credit Support Agreement.

​
(a)Section 1 of the Credit Support Agreement is hereby amended by inserting the following definitions in appropriate alphabetical order:
​
​

1

​
““First Amendment” means that certain Amendment No. 1 to Term Credit Agreement, dated as of March 12, 2021, between the Company and the Bank, as acknowledged by the Guarantor.”
​
““CERF” means Clean Energy Renewable Fuels, LLC, a Delaware limited liability company and a Wholly-Owned Subsidiary of the Company.”
​
(b)Section 1 of the Credit Support Agreement is hereby amended by amending and restating the following definitions as follows:
​
““Oversight Committee” means the committee with (a) the purpose, composition, duties, responsibilities and authorities set forth in Exhibit C hereto as they relate to the Truck Program and (b) the additional purpose of supervising and overseeing the activities of the Guarantor and the Company (in a manner comparable to such supervision and oversight with regard to the Truck Program) with regard to the incurrence of Station Build Costs (as defined in the First Amendment) for which the Company intends to request the issuance of a Loan or advance under the Credit Facility (collectively, the “Oversight Committee Activities”).”
​
““Security Agreement” means, collectively, (a) that certain Pledge and Security Agreement, dated as of January 2, 2019, by and between CE and the Guarantor; and (b) those certain pledge and security agreements to be entered into pursuant to Section 5(b)(i) of this Agreement.”
​
(c)Section 5(a)(iii) of the Credit Support Agreement is hereby amended and restated in its entirety as follows:
​
“(iii) To use and cause CE or CERF (as the case may be) to use the proceeds of any and all Loans only to pay for the incremental cost of the natural gas trucks under the Truck Program; the Station Build Costs (as defined in the First Amendment); or the JV Equity Obligations (as defined in the First Amendment), in each case that were the basis for the borrowing of such Loans by the Company under the Credit Facility.”
​
(d)Section 5(a) of the Credit Support Agreement is hereby amended by adding a new clause (xi) as follows:
​
“(xi) that it shall comply with, and shall cause its representatives to comply with, the requirements of the Oversight Committee made in connection with the performance of the Oversight Committee Activities.”
​
(e)Section 5(b)(i) of the Credit Support Agreement is hereby amended and restated in its entirety as follows:
​
​

2

​
“(i)(A)Request the issuance of a Loan or advance under the Credit Facility in respect of the Truck Program;
​
(B)Request the issuance of a Loan or advance under the Credit Facility in respect of Station Build Costs, unless the Company shall have first provided to the Guarantor (x) a detailed description of the proposed Station Build Costs (including identification of the particular fueling stations) for which such Loan or advance is begin requested, along with an investment file relating to such Station Build Costs, which investment file shall have been approved by the Oversight Committee; and (y) a pledge and security agreement (in form and substance reasonably satisfactory to the Guarantor) that pledges to the Guarantor CE’s (or its applicable Affiliate’s) membership or other interest in a single- purpose entity that will own or hold all of the assets comprising the Station Build Costs (including fueling stations) for which such Loan or advance is being requested; or
​
(C)Request the issuance of a Loan or advance under the Credit Facility in respect of JV Equity Obligations, unless the Company shall have first provided the Guarantor with a pledge and security agreement (in form and substance reasonably satisfactory to the Guarantor) that pledges to the Guarantor CERF’s (or its applicable Affiliate’s) membership or other interest in the SPV (as defined in the Total JV Agreement (as defined in the First Amendment)) that will own the JV Project (as defined in the Total JV Agreement) for which such Loan or advance is being requested.”
​
(f)Section 5(b)(iii) of the Credit Support Agreement is hereby amended and restated in its entirety as follows:
​
“(iii)Grant, or permit any Affiliate of the Company to grant, any Lien over any property or collateral covered by the Security Documents.”
​
3.Limited Effect. Except as expressly provided hereby, all of the terms and provisions of the Credit Support Agreement and the other documents executed in connection therewith are and shall remain in full force and effect and are hereby ratified and confirmed by each of the Borrower and the Guarantor. The amendments contained herein shall not be construed as a waiver or amendment of any other provision of the Credit Support Agreement or the other documents executed in connection therewith or for any purpose except as expressly set forth herein or a consent to any further or future action on the part of the Borrower that would require the waiver or consent of the Guarantor.
​
4.Conditions Precedent. This Amendment shall become effective upon the date on which the parties shall have received this Amendment, duly executed and delivered by the Borrower and the Guarantor.
​
​

3

​
5.Successors and Assigns. This Amendment shall inure to the benefit of and be binding upon the Borrower and the Guarantor and each of their respective successors and assigns.
​
6.Governing Law. This Amendment shall be governed by, and construed in accordance with, the 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.
​
7.Counterparts; Electronic Execution. This Amendment may be executed in any number of counterparts, all of which shall constitute one and the same agreement, and any party hereto may execute this Amendment by signing and delivering one or more counterparts. Delivery of an executed counterpart of this Amendment electronically or by facsimile shall be effective as delivery of an original executed counterpart of this Amendment. The words “execution,” “signed,” “signature,” and words of like import in this Amendment shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act.
​
[SIGNATURES PAGE FOLLOW]
​
​
​

4

​
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first above written.
​
	​

	​

	​

	​
	CLEAN ENERGY FUELS CORP., as Borrower

	​
	​

	​
	By: 
	/s/ Andrew J. Littlefair

	​
	Name:
	Andrew J. Littlefair

	​
	Title:
	President & Chief Executive Officer

​
​
​

[Signature Page to Amendment No. 1 to Credit Support Agreement]

​
	​

	​

	​

	​
	TOTAL HOLDINGS USA INC.,

	​
	as Guarantor

	​
	​

	​
	By: 
	/s/ Franck Trochet

	​
	Name:
	Franck Trochet

	​
	Title:
	Chief Financial Officer

​

[Signature Page to Amendment No. 1 to Credit Support Agreement]

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