Document:

Form of Stock Option Agreement (Executive Officers)

 Exhibit 10.1 
 Award Number:                      
 BAKBONE SOFTWARE INCORPORATED 
 2003 EQUITY INCENTIVE PLAN 
 STOCK OPTION AWARD AGREEMENT 

 1. Grant of Option. BakBone Software Incorporated, a Canada corporation (the “Company”), hereby grants to
the Grantee (the “Grantee”) named in the Notice of Stock Option Award (the “Notice”), an option (the “Option”) to purchase the Total Number of Shares of Common Stock subject to the Option (the “Shares”) set
forth in the Notice, at the Exercise Price per Share set forth in the Notice (the “Exercise Price”) subject to the terms and provisions of the Notice, this Stock Option Award Agreement (the “Option Agreement”) and the
Company’s 2003 Equity Incentive Plan, as amended from time to time (the “Plan”), which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this
Option Agreement. 
 2. Exercise of Option. 
 (a) Right to Exercise. The Option shall be exercisable during its term in accordance with the Vesting Schedule set out in the Notice and with the applicable provisions of the Plan and this Option
Agreement. The Option shall be subject to the provisions of the Notice and Section 11 of the Plan relating to the exercisability or termination of the Option in the event of a Corporate Transaction (as defined in the Notice or the Plan, as
applicable) or Change in Control. The Grantee shall be subject to reasonable limitations on the number of requested exercises during any monthly or weekly period as determined by the Administrator. In no event shall the Company issue fractional
Shares. 
 (b) Method of Exercise. The Option shall be exercisable by delivery of an exercise notice (a form of which is
attached as Exhibit A) or by such other procedure as specified from time to time by the Administrator which shall state the election to exercise the Option, the whole number of Shares in respect of which the Option is being exercised, and such other
provisions as may be required by the Administrator. The exercise notice shall be delivered in person, by certified mail, or by such other method (including electronic transmission) as determined from time to time by the Administrator to the Company
accompanied by payment of the Exercise Price and all applicable income and employment taxes required to be withheld. The Option shall be deemed to be exercised upon receipt by the Company of such notice accompanied by the Exercise Price and all
applicable withholding taxes, which, to the extent selected, shall be deemed to be satisfied by use of the broker-dealer sale and remittance procedure to pay the Exercise Price provided in Section 3(e), below, to the extent such procedure is
available to the Grantee at the time of exercise and such an exercise would not violate any Applicable Law. 
  

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 (c) Taxes. No Shares will be delivered to the Grantee or other person pursuant to the
exercise of the Option until the Grantee or other person has made arrangements acceptable to the Administrator for the satisfaction of applicable income tax and employment tax withholding obligations, including, without limitation, such other tax
obligations of the Grantee incident to the receipt of Shares. Upon exercise of the Option, the Company or the Grantee’s employer may offset or withhold (from any amount owed by the Company or the Grantee’s employer to the Grantee) or
collect from the Grantee or other person an amount sufficient to satisfy such tax withholding obligations. Furthermore, in the event of any determination that the Company has failed to withhold a sum sufficient to pay all withholding taxes due in
connection with the Option, the Grantee agrees to pay the Company the amount of such deficiency in cash within five (5) days after receiving a written demand from the Company to do so, whether or not the Grantee is an employee of the Company at
that time. 
 (d) Section 16(b). Notwithstanding any provision of this Option Agreement to the contrary, other than
termination of the Grantee’s Service for Cause, if a sale within the applicable time periods set forth in Sections 5, 6 or 7 herein of Shares acquired upon the exercise of the Option would subject the Grantee to suit under Section 16(b) of
the Exchange Act, the Option shall remain exercisable until the earliest to occur of (i) the tenth (10th) day following the date on which a sale of such Shares by the Grantee would no longer be subject to such suit, (ii) the one
hundred and ninetieth (190th) day after the Grantee’s termination of Service, or (iii) the date on which the Option expires. 
 3. Method of Payment. Payment of the Exercise Price shall be made by any of the following, or a combination thereof, at the election of the Grantee; provided, however, that such exercise method
does not then violate any Applicable Law: 
 (a) cash; 
 (b) check; 
 (c)
if authorized by the Administrator in its sole discretion, surrender of Shares held for the requisite period, if any, necessary to avoid a charge to the Company’s earnings for financial reporting purposes, or delivery of a properly executed
form of attestation of ownership of Shares as the Administrator may require which have a Fair Market Value on the date of surrender or attestation equal to the aggregate Exercise Price of the Shares as to which the Option is being exercised;

 (d) if authorized by the Administrator in its sole discretion, payment through a “net exercise” such that, without
the payment of any funds, the Grantee may exercise the Option and receive the net number of Shares equal to (i) the number of Shares as to which the Option is being exercised, multiplied by (ii) a fraction, the numerator of which is the
Fair Market Value per Share (on such date as is determined by the Administrator) less the Exercise Price per Share, and the denominator of which is such Fair Market Value per Share (the number of net Shares to be received shall be rounded down to
the nearest whole number of Shares); or 
 (e) if authorized by the Administrator in its sole discretion, payment through a
broker-dealer sale and remittance procedure pursuant to which the Grantee (i) shall provide written instructions to a Company-designated brokerage firm to effect the immediate sale of some or all of the purchased Shares and remit to the Company
sufficient funds to cover the aggregate exercise price payable for the purchased Shares and (ii) shall provide written directives to the Company to deliver the certificates for the purchased Shares directly to such brokerage firm in order to
complete the sale transaction. 
  

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 4. Restrictions on Exercise. The Option may not be exercised if the issuance of the
Shares subject to the Option upon such exercise would constitute a violation of any Applicable Laws. In addition, the Option may not be exercised until such time as the Plan has been approved by the shareholders of the Company. If the exercise of
the Option within the applicable time periods set forth in Section 5, 6 and 7 of this Option Agreement is prevented by the provisions of this Section 4, the Option shall remain exercisable until one (1) month after the date the
Grantee is notified by the Company that the Option is exercisable, but in any event no later than the Expiration Date set forth in the Notice. 
 5. Termination or Change of Service. In the event the Grantee’s Service terminates, other than for Cause, the Grantee may, but only during the Post-Termination Exercise Period, exercise the
portion of the Option that was vested at the date of such termination (the “Termination Date”). The Post-Termination Exercise Period shall commence on the Termination Date. In the event of termination of the Grantee’s Service for
Cause, the Grantee’s right to exercise the Option shall, except as otherwise determined by the Administrator, terminate concurrently with the termination of the Grantee’s Service (also the “Termination Date”). In no event,
however, shall the Option be exercised later than the Expiration Date set forth in the Notice. In the event of the Grantee’s change in status from Employee, Director or Consultant to any other status of Employee, Director or Consultant, the
Option shall remain in effect and the Option shall continue to vest in accordance with the Vesting Schedule set forth in the Notice. Except as provided in Sections 6 and 7 below, to the extent that the Option was unvested on the
Termination Date, or if the Grantee does not exercise the vested portion of the Option within the Post-Termination Exercise Period, the Option shall terminate. 
 6. Disability of Grantee. In the event the Grantee’s Service terminates as a result of his or her Disability, the Grantee may, but only within twelve (12) months commencing on the
Termination Date (but in no event later than the Expiration Date), exercise the portion of the Option that was vested on the Termination Date. To the extent that the Option was unvested on the Termination Date, or if the Grantee does not exercise
the vested portion of the Option within the time specified herein, the Option shall terminate. 
 7. Death of Grantee. In
the event of the termination of the Grantee’s Service as a result of his or her death, or in the event of the Grantee’s death during the Post-Termination Exercise Period or during the twelve (12) month period following the
Grantee’s termination of Service as a result of his or her Disability, the person who acquired the right to exercise the Option pursuant to Section 8 may exercise the portion of the Option that was vested at the date of termination within
twelve (12) months commencing on the date of death (but in no event later than the Expiration Date). To the extent that the Option was unvested on the date of death, or if the vested portion of the Option is not exercised within the time
specified herein, the Option shall terminate. 
  

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 8. Transferability of Option. The Option may not be transferred in any manner other
than by will or by the laws of descent and distribution; provided, however, that the Option may be transferred during the lifetime of the Grantee by gift or pursuant to a domestic relations order to members of the Grantee’s Immediate Family to
the extent and in the manner determined by the Administrator. Notwithstanding the foregoing, the Grantee may designate one or more beneficiaries of the Grantee’s Option in the event of the Grantee’s death on a beneficiary designation form
provided by the Administrator. Following the death of the Grantee, the Option, to the extent provided in Section 7, may be exercised (a) by the person or persons designated under the deceased Grantee’s beneficiary designation or
(b) in the absence of an effectively designated beneficiary, by the Grantee’s legal representative or by any person empowered to do so under the deceased Grantee’s will or under the then applicable laws of descent and distribution.
The terms of the Option shall be binding upon the executors, administrators, heirs, successors and transferees of the Grantee. 
 9. Term of Option. The Option must be exercised no later than the Expiration Date set forth in the Notice or such earlier date as otherwise provided herein. After the Expiration Date or such earlier date, the Option shall be of no
further force or effect and may not be exercised. 
 10. Tax Consequences. The Grantee may incur tax liability as a
result of the Grantee’s purchase or disposition of the Shares. THE GRANTEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THE OPTION OR DISPOSING OF THE SHARES. 
 11. Entire Agreement: Governing Law. The Notice, the Plan and this Option Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their
entirety all prior undertakings and agreements of the Company and the Grantee with respect to the subject matter hereof, and may not be modified adversely to the Grantee’s interest except by means of a writing signed by the Company and the
Grantee. Nothing in the Notice, the Plan and this Option Agreement (except as expressly provided therein) is intended to confer any rights or remedies on any persons other than the parties. The Notice, the Plan and this Option Agreement are to be
construed in accordance with and governed by the internal laws of the State of California without giving effect to any choice of law rule that would cause the application of the laws of any jurisdiction other than the internal laws of the State
of California to the rights and duties of the parties. Should any provision of the Notice, the Plan or this Option Agreement be determined to be illegal or unenforceable, such provision shall be enforced to the fullest extent allowed by law and the
other provisions shall nevertheless remain effective and shall remain enforceable. 
 12. Construction. The captions used
in the Notice and this Option Agreement are inserted for convenience and shall not be deemed a part of the Option for construction or interpretation. Except when otherwise indicated by the context, the singular shall include the plural and the
plural shall include the singular. Use of the term “or” is not intended to be exclusive, unless the context clearly requires otherwise. 
 13. Administration and Interpretation. Any question or dispute regarding the administration or interpretation of the Notice, the Plan or this Option Agreement shall be submitted by the Grantee or
by the Company to the Administrator. The resolution of such question or dispute by the Administrator shall be final and binding on all persons. 
  

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 14. Venue. The Company, the Grantee, and the Grantee’s assignees pursuant to
Section 8 (the “parties”) agree that any suit, action, or proceeding arising out of or relating to the Notice, the Plan or this Option Agreement shall be brought in the United States District Court for the Southern District of
California (or should such court lack jurisdiction to hear such action, suit or proceeding, in a California state court in the County of San Diego) and that the parties shall submit to the jurisdiction of such court. The parties irrevocably waive,
to the fullest extent permitted by law, any objection the party may have to the laying of venue for any such suit, action or proceeding brought in such court. If any one or more provisions of this Section 14 shall for any reason be held invalid
or unenforceable, it is the specific intent of the parties that such provisions shall be modified to the minimum extent necessary to make it or its application valid and enforceable. 
 15. Notices. Any notice required or permitted hereunder shall be given in writing and shall be deemed effectively given upon personal
delivery, upon deposit for delivery by an internationally recognized express mail courier service or upon deposit in the United States mail by certified mail (if the parties are within the United States), with postage and fees prepaid, addressed to
the other party at its address as shown in these instruments, or to such other address as such party may designate in writing from time to time to the other party. 
 16. Confidentiality. To the extent required by Applicable Law, the Company shall provide to the Grantee, during the period the Option is outstanding, copies of financial statements of the Company
at least annually. The Grantee understands and agrees that such financial statements are confidential and shall not be disclosed by the Grantee, to any entity or person, for any reason, at any time, without the prior written consent of the Company,
unless required by law. If disclosure of such financial statements is required by law, whether through subpoena, request for production, deposition, or otherwise, the Grantee promptly shall provide written notice to Company, including copies of the
subpoena, request for production, deposition, or otherwise, within five (5) business days of their receipt by the Grantee and prior to any disclosure so as to provide Company an opportunity to move to quash or otherwise to oppose the
disclosure. Notwithstanding the foregoing, the Grantee may disclose the terms of such financial statements to his or her spouse or domestic partner, and for legitimate business reasons, to legal, financial, and tax advisors. 
 END OF AGREEMENT 
  

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 EXHIBIT A 
 BAKBONE SOFTWARE INCORPORATED 
 2003 EQUITY
INCENTIVE PLAN 
 EXERCISE NOTICE 
 [9540 Towne Centre Drive, Suite 100 
 San Diego, CA 92121] 
 Attention: Secretary 
 1. Effective
as of today,                     , the undersigned (the “Grantee”) hereby elects to exercise the Grantee’s option to purchase
             shares of the Common Stock (the “Shares”) of BakBone Software Incorporated, (the “Company”) under and pursuant to the Company’s 2003 Equity
Incentive Plan, as amended from time to time (the “Plan”) and the Non-Statutory Stock Option Award Agreement (the “Option Agreement”) and Notice of Stock Option Award (the “Notice”) dated
                    ,             . Unless otherwise defined herein, the
terms defined in the Plan shall have the same defined meanings in this Exercise Notice. 
 2. Representations of the
Grantee. The Grantee acknowledges that the Grantee has received, read and understood the Notice, the Plan and the Option Agreement and agrees to abide by and be bound by their terms and conditions. 
 3. Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the
books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Company
shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as
provided in Section 10 of the Plan. 
 4. Delivery of Payment. The Grantee herewith delivers to the Company the full
Exercise Price for the Shares, which, to the extent selected, shall be deemed to be satisfied by use of the broker-dealer sale and remittance procedure to pay the Exercise Price provided in Section 3(e) of the Option Agreement. 
 5. Tax Consultation. The Grantee understands that the Grantee may suffer adverse tax consequences as a result of the Grantee’s
purchase or disposition of the Shares. The Grantee represents that the Grantee has consulted with any tax consultants the Grantee deems advisable in connection with the purchase or disposition of the Shares and that the Grantee is not relying on the
Company for any tax advice. 
 6. Taxes. The Grantee agrees to satisfy all applicable Canadian, Canadian province or
territory, U.S. federal, U.S. state and local income and employment tax withholding obligations and herewith delivers to the Company the full amount of such obligations or has made arrangements acceptable to the Company to satisfy such obligations.

  

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 7. Successors and Assigns. The Company may assign any of its rights under this
Exercise Notice to single or multiple assignees, and this agreement shall inure to the benefit of the successors and assigns of the Company. This Exercise Notice shall be binding upon the Grantee and his or her heirs, executors, administrators,
successors and assigns. 
 8. Construction. The captions used in this Exercise Notice are inserted for convenience and
shall not be deemed a part of this agreement for construction or interpretation. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular. Use of the term “or” is not
intended to be exclusive, unless the context clearly requires otherwise. 
 9. Administration and Interpretation. The
Grantee hereby agrees that any question or dispute regarding the administration or interpretation of this Exercise Notice shall be submitted by the Grantee or by the Company to the Administrator. The resolution of such question or dispute by the
Administrator shall be final and binding on all persons. 
 10. Governing Law; Severability. This Exercise Notice is to
be construed in accordance with and governed by the internal laws of the State of California without giving effect to any choice of law rule that would cause the application of the laws of any jurisdiction other than the internal laws of the
State of California to the rights and duties of the parties. Should any provision of this Exercise Notice be determined by a court of law to be illegal or unenforceable, such provision shall be enforced to the fullest extent allowed by law and the
other provisions shall nevertheless remain effective and shall remain enforceable. 
 11. Notices. Any notice required or
permitted hereunder shall be given in writing and shall be deemed effectively given upon personal delivery, upon deposit for delivery by an internationally recognized express mail courier service or upon deposit in the United States mail by
certified mail (if the parties are within the United States), with postage and fees prepaid, addressed to the other party at its address as shown below beneath its signature, or to such other address as such party may designate in writing from time
to time to the other party. 
 12. Further Instruments. The parties agree to execute such further instruments and to take
such further action as may be reasonably necessary to carry out the purposes and intent of this agreement. 
 13. Entire
Agreement. The Notice, the Plan and the Option Agreement are incorporated herein by reference and together with this Exercise Notice constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their
entirety all prior undertakings and agreements of the Company and the Grantee with respect to the subject matter hereof, and may not be modified adversely to the Grantee’s interest except by means of a writing signed by the Company and the
Grantee. Nothing in the Notice, the Plan, the Option Agreement and this Exercise Notice (except as expressly provided therein) is intended to confer any rights or remedies on any persons other than the parties. 
  

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	Submitted by:	 		  	Accepted by:
			
	GRANTEE:	 		  	BAKBONE SOFTWARE INCORPORATED
				
		 		  	By:	  	  

	  
	 		  	Title:	  	  

	(Signature)	 		  		  	
	Address:	 		  	Address:
			
	  
  
	 		  	 [9540 Towne Centre Drive, Suite 100
 San Diego, CA 92121]

  

 3First Amendment to Credit Agreement

 Exhibit 10.1 
 FIRST AMENDMENT TO CREDIT AGREEMENT 
 THIS FIRST AMENDMENT TO
CREDIT AGREEMENT (this “Amendment”) is entered into as of March 5, 2010 among AMVAC CHEMICAL CORPORATION, a California corporation ( “Borrower”), AMERICAN VANGUARD CORPORATION, a Delaware corporation
(“American Vanguard”), GEMCHEM, INC., a California corporation (“GemChem”), 2110 DAVIE CORPORATION, a California corporation (“2110 Davie” and, collectively, with American Vanguard and GemChem,
“Guarantors”), each lender signatory hereto and BANK OF THE WEST, as Agent (“Agent”). 
 RECITALS 
 WHEREAS, Borrower, the Guarantors, Agent and Lenders signatory thereto have entered into a Credit
Agreement dated as of December 15, 2006 (as amended, modified or waived, the “Credit Agreement”). 
 WHEREAS, Borrower, the Guarantors, Agent and the Lenders desire to amend the Credit Agreement as hereinafter set forth; 
 NOW, THEREFORE, for good and valuable consideration, the parties hereto hereby agree as follows: 
 1. Incorporated
Definitions. All capitalized terms used in this Amendment and not otherwise defined shall have the meanings given to such terms in the Credit Agreement. 
 2. Revised Definitions. 
 (a) All references in the Credit Agreement to
“Prime Rate,” except the definition of “Prime Rate” in Section 1.01 of the Credit Agreement, are amended to refer to the “Alternate Base Rate.” 
 (b) The definition of “Guaranteed Obligations” in Section 1.01 of the Credit Agreement is amended to replace the word
“Obligations” in the first sentence with the words “Secured Obligations.” 
 (b) Section 1.01 of
the Credit Agreement is amended to amend the definitions of “Applicable Rate,” “Consolidated EBITDA” and “Secured Obligations” and to add, in correct alphabetical order, definitions of “Alternate Base Rate,”
“Daily One-Month LIBOR,” “First Amendment,” “First Amendment Effective Date and “Non-Consenting Lender,” each to read as follows: 
 “Alternate Base Rate” is reset daily and means, for any day, a rate per annum equal to the greatest of
(a) the Prime Rate in effect on such day, (b) the Federal Funds Rate in effect on such day plus one percent (1.00%) and (c) Daily One-Month LIBOR on such day (or, if such day is not a Business Day, the immediately preceding
Business Day) plus one percent (1.00%). Any change in the Alternate Base Rate due to a change in the Prime Rate or, the Federal Funds Rate or the Daily One-Month LIBOR shall be effective from and including the effective date of such change in the
Prime Rate or, the Federal Funds Rate or Daily One-Month LIBOR, respectively. 
 “Applicable
Rate” means, from time to time, the following percentages per annum, based upon the Consolidated Funded Debt Ratio as set forth in the most recent Compliance Certificate delivered pursuant to Section 7.02(a): 
  

									
	 Applicable Rate

	 Pricing
 Level
	 	 Consolidated
 Funded Debt Ratio
	 	 Unused
 fee
	 	 Eurodollar Rate +
	 	 Alternate
 Base Rate +

	 	 	 	 Standby Letter of Credit Fees
	 
	 I
	 	33.50:1.00	 	0.50%	 	3.50%	 	2.50%
	 II
	 	<3.50 :1.00 but 33.00:1.00	 	0.40%	 	3.25%	 	2.25%
	 III
	 	<3.00 :1.00 but 32.50:1.00	 	0.35%	 	3.00%	 	2.00%
	 IV
	 	<2.50:1.00	 	0.30%	 	2.50%	 	1.50%

  

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 Any increase or decrease in the Applicable Rate resulting from a change in
the Consolidated Funded Debt Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 7.02(a); provided, however, that if a
Compliance Certificate is not delivered when due in accordance with such Section, then Pricing Level I shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered. From and after
the First Amendment Effective Date until the later of (a) the date on which a Compliance Certificate is delivered pursuant to Section 7.02(a) for the period ending March 31, 2010 and (b) the first date thereafter on which
there is a change in the Applicable Rate pursuant to the preceding sentence, the Applicable Rate shall be determined based upon Pricing Level I. 
 “Consolidated EBITDA” means, for any period, for American Vanguard and its Subsidiaries on a consolidated basis, an amount equal to (a) Consolidated Net Income for such period
plus (b) the following to the extent deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Expense for such period, (ii) the provision for federal, state, local and foreign income taxes payable by
American Vanguard and its Subsidiaries for such period, (iii) the amount of depreciation and amortization expense for such period, (iv) non-recurring non-cash charges subject to approval by Agent, (v) losses on the sale of fixed
assets, (vi) to the extent described in detail to Agent in writing that is in form and content satisfactory to Agent, charges in an aggregate amount not to exceed $15,000,000 (prior to accrual of any related tax effects) recognized during the
fiscal quarter ending December 31, 2009 and (vii) non-cash stock based compensation expenses. Extraordinary items and gains (but not losses) on (and proceeds from) sales or Dispositions of assets outside of the ordinary course of business
shall be excluded in the calculation of Consolidated EBITDA. 
 “Daily One-Month LIBOR” means,
as of any day, the Eurodollar Rate that Agent determines would be applicable to a Eurodollar Rate Loan with an Interest Period of one month, based on the Eurodollar Rate determined on such day, or, if such day is not a Business Day, the immediately
preceding Business Day. 
 “First Amendment” means the First Amendment to this Agreement dated
as of March 5, 2010. 
 “First Amendment Effective Date” has the meaning given to such term in
the First Amendment. 
 “Non-Consenting Lender” means any Lender, as determined by Agent, to be
(a) a Defaulting Lender, (b) a Lender that has failed to approve or consent to any amendment, waiver, modification or extension requiring such Lender’s approval pursuant to Section 11.01 or (c) a Lender that has taken
any action to or indicated to Agent such Lender’s intention not to grant any such approval or consent. 
 “Secured Obligations” means the Obligations, the Hedge Obligations, and all treasury management arrangements between any Lender and any Loan Party, including without limitation, automatic clearing house, credit card,
purchase card and cash management arrangements that are entered into by any Loan Party in the ordinary course of business. 
  

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 3. GAAP. A new Section 1.03(b) is added immediately after
Section 1.03(a) of the Credit Agreement to read as follows: 
 (b) Changes in GAAP. If at any
time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, Agent, the Lenders and Borrower shall negotiate in good
faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement
shall continue to be computed in accordance with GAAP prior to such change therein and (ii) Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as
reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP. 
 4. Repayment of Swing Line Loans. Section 2.07(b) of the Credit Agreement amended to read as follows: 
 (b) Borrower agrees to repay each Swing Line Loan on the earlier to occur of (a) five (5) Business Days prior to
the Maturity Date for Credit Extensions under the Revolving Commitments of the Lenders or (b) such earlier date as shall be acceptable to the Swing Line Lender. 
 5. Non-Consenting Lenders. A new Section 2.16 is added immediately after Section 2.15 of the Credit Agreement to read as follows: 
 2.16 Non-Consenting Lenders. In the event any Lender is a Non-Consenting Lender, Borrower may, upon written notice to
such Non-Consenting Lender and to Agent, require such Non-Consenting Lender to assign, and such Non-Consenting Lender shall assign, within five Business Days after the date of such notice, to one or more assignees selected by Borrower and that is
(are) Eligible Assignees and otherwise comply with the provisions of Section 11.06 (each a “Replacement Lender”) all of such Non-Consenting Lender’s rights and obligations under this Agreement and the other Loan
Documents (including without limitation its Commitments and all Loans owing to it) in accordance with Section 11.08. With respect to any such assignment, the Non-Consenting Lender shall concurrently with such assignment receive payment
in full of all amounts due and owing to it hereunder or under any of the other Loan Documents with respect to the Loans and Commitments so assigned, including, without limitation, the aggregate outstanding principal amount of the Loans owed to such
Non-Consenting Lender, together with interest thereon through the date of such assignment, amounts payable to such Non-Consenting Lender under Article III with respect to such Loans and all fees payable to such Non-Consenting Lender with respect to
such Loans and Commitments so assigned. Any assignment to a Replacement Lender pursuant to the provisions of this Section 2.12 shall be in accordance with the provisions of Section 11.01 hereof. In no event shall any Lender
have any obligation to issue any new or increased Commitment to replace all or any part of any Commitment of any Non-Consenting Lender. 
 6. Financial Covenants. Sections 8.09(a) and 8.09(b) of the Credit Agreement are amended to read as follows: 
 (a) Permit the Consolidated Funded Debt Ratio as of the end of any fiscal quarter to exceed the ratio set next to such fiscal
quarter below: 
  

			
	As of the following date:	  	Not permit the ratio to exceed:
		
	March 31, 2010	  	5.25 to 1.00
	June 30, 2010	  	3.75 to 1.00
	September 30, 2010	  	3.25 to 1.00
	December 31, 2010 and the last day of any fiscal quarter thereafter	  	3.00 to 1.00

  

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 (b) Permit the Consolidated Fixed Charge Coverage Ratio as of the last day
of any fiscal quarter to be less than the ratio set next to such fiscal quarter below: 
  

			
	As of the following date:	  	Not permit the ratio to be less than:
		
	December 31, 2009, March 31, 2010, June 30, 2010	  	1.25 to 1.00
	September 30, 2010 and the last day of any fiscal quarter thereafter	  	1.50 to 1.00

 7. Conditions
Precedent. This Amendment shall be effective as of the date (“First Amendment Effective Date”) upon which the following conditions are satisfied: 
 (a) Agent shall have received from Borrower, the Guarantors and the Required Lenders a counterpart of this Amendment signed on behalf of each such party. 
 (b) Agent shall have received such documents, certificates and legal opinions as the Agent or its counsel may reasonably request relating to
the organization or formation, existence and good standing of Borrower and the Guarantors, the authorization of this Amendment and any other legal matters relating to Borrower, the Guarantors, the Credit Agreement or this Amendment, all in form and
substance satisfactory to the Agent and its counsel. 
 (c) Borrower shall have paid to the Agent for the pro rata account of
each Lender timely executing and delivering this Amendment (including by way of facsimile or electronic mail) an amendment fee equal to 0.15% of such Lender’s Commitment. 
 (d) The Agent shall have received all fees and other amounts due and payable on or prior to the First Amendment Effective Date, including
reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by Borrower hereunder or under the Credit Agreement. 
 Notification from Agent to Borrower and Lenders shall be conclusive and binding evidence of the First Amendment Effective Date. 
 8. Representations and Warranties. Each of Borrower and each Guarantor hereby represents and warrants that, taking into account the
terms of this Amendment, as of the date hereof: 
 (a) The representations and warranties of Borrower and the Guarantors set
forth in Article VI of the Credit Agreement are true and correct in all material respects; and 
 (b) There exists no
Event of Default or Default. 
 9. Ratification. Each of the Credit Agreement and each of the other Loan Documents, as
amended hereby, are hereby ratified and remains in full force and effect. 
 10. Counterparts. This Amendment may be
executed in any number of counterparts, all of which taken together shall constitute one agreement and any of the parties hereto may execute this Amendment by signing any such counterpart. 
 11. Loan Documents. This Amendment is a Loan Document. 
 12. Choice of Law. This Amendment shall be governed by and construed in accordance with the internal laws (and not the law of conflicts) of the State of California but giving effect to federal laws
applicable to national banks. 
  

 4 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the date
first above written. 
  

			
	AMVAC CHEMICAL CORPORATION, as Borrower
		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

	
	 AMERICAN VANGUARD CORPORATION, as a
 Guarantor

		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

	
	GEMCHEM, INC., as a Guarantor
		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

	
	2110 DAVIE CORPORATION, as a Guarantor
		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

  

 5 

			
	BANK OF THE WEST, as Agent, L/C Issuer and Swing Line Lender
		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

	
	 BANK OF THE WEST, as a Lender

		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

  

 6 

			
	BANK OF MONTREAL, acting under its Trade name BMO Capital Markets, as Documentation Agent
		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

	
	BMO CAPITAL MARKETS FINANCING, INC., as Lender
		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

  

 7 

			
	FIRST BANK DBA FIRST BANK & TRUST, as a Lender
		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

  

 8 

			
	 GREENSTONE FARM CREDIT SERVICES,
 ACA/FLCA, as a Lender

		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

  

 9 

			
	UNION BANK OF CALIFORNIA, N.A., as a Lender
		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

  

 10 

			
	AGSTAR FINANCIAL SERVICES, PCA, as a Lender
		
	 By:
	 	 /s/

	 Name:
	 	  

	 Title:
	 	  

  

 11 

			
	FCS FINANCIAL, PCA, as a Lender
		
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

  

 12 

 ORGANIZATIONAL AND AUTHORIZATION CERTIFICATE 
 On behalf of Borrower and Guarantors identified in the foregoing Amendment, the undersigned certifies to Agent and the Lenders that (a) except for any
amendments attached hereto, there have been no amendments or other modifications to the Organization Documents of the Borrower or any Guarantor since those documents were delivered in connection with the Credit Agreement; (b) each of Borrower
and Guarantors remains in good standing in all jurisdictions where so required by the Credit Agreement; (c) the resolutions of Borrower and Guarantors delivered in connection with the Credit Agreement remain effective to authorize the amendment
of the Credit Agreement as described in the foregoing First Amendment; (d) none of the Organization Documents or resolutions of Borrower or any Guarantor delivered in connection with the Credit Agreement has been repealed, revoked, rescinded or
amended in any respect (except as clearly indicated in the attached documents), and each remains in full force and effect as of the date hereof; (e) (s)he is authorized on behalf of Borrower and the Guarantors to deliver this Organizational and
Authorization Certificate on behalf of Borrower and the Guarantors, (f) the individual(s) signing the foregoing Amendment on behalf of Borrower and the Guarantors holds the office set forth below or next to his(her) signature and is authorized
to execute and deliver the Amendment on behalf of Borrower and the Guarantors in accordance with the Organization Documents and existing resolutions of Borrower and the Guarantors and (g) Agent and the Lenders may conclusively rely on this
Organizational and Authorization Certificate unless and until superseding documents shall be delivered to Agent. 
 IN WITNESS
WHEREOF, I have signed this Organizational and Authorization Certificate this 5th day of March 2010. 
  

			
	By:	 	 /s/

	Name:	 	  

	Title:	 	  

  

 13

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