Document:

Second Amendment to Credit Agreement August 1,2003

 Exhibit 10.38.2 
  
 SECOND AMENDMENT TO CREDIT AGREEMENT 
  

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of August 1, 2003, by and between KEYSTONE AUTOMOTIVE
INDUSTRIES, INC., a California corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”). 
  
 RECITALS 
  
 WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Credit Agreement between Borrower and Bank dated as
of February 1, 2002, as amended from time to time (“Credit Agreement”); 
  
 WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes; 
  
 NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows: 
  
 1. Section 1.2 (a) is hereby amended by deleting “Thirty-Five Million Dollars ($35,000,000.00)” as the maximum principal amount available under
the Line of Credit, and by substituting for said amount “Forty Million Dollars ($40,000,000.00),” with such change to be effective upon the execution and delivery to Bank of a promissory note substantially in the form of Exhibit A attached
hereto (which promissory note shall replace and be deemed the Line of Credit Note defined in and made pursuant to the Credit Agreement) and all other contracts, instruments and documents required by Bank to evidence such change. 
  
 2. Sections 1.3, 1.4, 1.5 and 1.6 are hereby redesignated as Sections 1.4,
1.5, 1.6 and 1.7, respectively, and the following is hereby added as Section 1.3: 
  
 SECTION 1.3. FOREIGN EXCHANGE FACILITY. 
  
 (a) Foreign Exchange Facility. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make available to
Borrower a facility (the “Foreign Exchange Facility”) under which Bank, from time to time up to and including June 1, 2005, will enter into foreign exchange contracts for the account of Borrower for the purchase and/or sale by Borrower in
United States dollars of various foreign currencies; provided however, that the maximum amount of all outstanding foreign exchange contracts shall not at any time exceed an aggregate of Two Hundred Fifty Thousand United States Dollars
(US$250,000.00). No foreign exchange contract shall be executed for a term in excess of twelve (12) months or for a term which extends beyond the maturity date of the Foreign Exchange Facility. Borrower shall have a “Delivery Limit” under
the Foreign Exchange Facility not to exceed at any time the aggregate principal amount of Two 
  

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 Hundred Fifty Thousand United States Dollars (US$250,000.00), which Delivery Limit reflects the maximum
principal amount of Borrower’s foreign exchange contracts which may mature during any two (2) day period. All foreign exchange transactions shall be subject to the additional terms of a Foreign Exchange Agreement, substantially in the form of
Exhibit B attached hereto (“Foreign Exchange Agreement”), all terms of which are incorporated herein by this reference. 
  
 (b) Settlement. Each foreign exchange contract under the Foreign Exchange Facility shall be settled on its maturity date by
Bank’s debit to any deposit account maintained by Borrower with Bank. 
  
 3. Section 1.7 is hereby amended by deleting “Thirty-Five Million Dollars ($35,000,000.00)” as the principal amount of each guaranty required thereunder, and by substituting for said amount “Forty
Million Dollars ($40,000,000.00). Borrower shall cause each Guarantor Subsidiary to execute and deliver to Bank a new guaranty in form and substance satisfactory to Bank as a condition precedent to the effectiveness of this Amendment. 
  
 4. Section 5.6 is hereby amended by inserting the following at the end
thereof, after the word “in favor of Bank”: 
  
 “
and except for unsecured guaranties by Borrower of the rental obligations of any Subsidiary to its landlord under any real property lease so long as the annual rental obligations under all such leases at no time exceeds $5,000,000.00 in the
aggregate for all Subsidiaries combined.” 
  
 5. Except as
specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This
Amendment and the Credit Agreement shall be read together, as one document. 
  
 6. Borrower hereby remakes all representations and warranties contained in the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there
exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the day and year first written above. 
  

	 KEYSTONE AUTOMOTIVE
 INDUSTRIES, INC.
	 	 	 	 WELLS FARGO BANK,
 NATIONAL ASSOCIATION

					
	By:	 	 /s/    John M. Palumbo
	 	 	 	By:	 	/s/    Randall J. Repp        
	 	
	 	 	 	 	

	 Title:
	 	C.F.O	 	 	 	 	 	 Randall J. Repp
 Vice
President

  

 -2-Consulting Agreement September 15,2003

 Exhibit 10.41(A) 
  
 CONSULTING AGREEMENT 
  
 This Consulting Agreement [“Agreement”] is made by and between Charles J. Hogarty [“Hogarty”] and Keystone Automotive Industries, Inc.
[“Company”] [sometimes jointly referred to as “the Parties”] this 15th day of September 2003.

  
 WHEREAS, Hogarty has been employed by Company, most recently
as its President, for over 40 years and has served as a member of its Board of Directors since 1987; and 
  
 WHEREAS, Hogarty has decided to retire as the President of Company effective September 1, 2004 (“Retirement Date”); and 
  
 WHEREAS, the Company desires to retain the services of Hogarty pursuant to
the terms and conditions of this Agreement; 
  
 NOW, THEREFORE, in
consideration of the mutual promises and covenants established herein, the parties agree as follows: 
  
 1. Retirement. The Parties agree that, as of the Retirement Date, Hogarty’s employment with Company shall terminate and neither Hogarty nor
Company shall have any further rights or obligations to each other, except as set forth in this Agreement, in any stock option agreements or pursuant to employee benefit plans to which the Company and Hogarty are parties. Thereafter, Hogarty will
become a consultant to Company, as described herein. 
  
 2.
Consulting. (a) From time to time as described below, at the direction of the Company, Hogarty agrees to consult with the Company with respect to industry trade association maters, insurance companies, investor relations and other matters
relating to the Company’s operations, as specifically requested. 
  
 Hogarty’s services will include, but not be limited to, the following: 
  
 (i) With respect to industry trade associations, Hogarty will attend meetings on behalf of the Company and will seek an officer or Board
position with the Automotive Body Parts Association. 
  
 (ii) With respect to insurance companies, Hogarty will attend industry seminars where utilization of aftermarket crash parts is to be a topic and Hogarty will seek, if possible, to be a presenter or seminar leader. 
  
 (iii) With the assistance of the Company’s public
relations firm, Hogarty may author articles of interest or in support of current issues relating to the use of aftermarket parts by the collision industry. 
  
 (iv) Hogarty will attend meetings or presentations made by the Company to insurance companies or major customers. 
  

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 (b) Hogarty will serve under the direction of the Company’s Chief Executive Officer and all
assignments hereunder will be at the specific direction of the CEO. In addition to the above, Hogarty can be requested to perform such other reasonable functions and duties, consistent with his stature in the industry and his former position with
the Company prior to retirement, as the CEO may specifically request. 
  
 (c) With respect to assignments requiring Hogarty to travel outside the Pomona area, the Company will use its best efforts to give Hogarty two weeks advance notice. 
  
 3. Compensation. (a) Hogarty shall be paid $16,667 per month payable on the first day of each month, plus all
reasonable and customary documented expenses incurred by Hogarty in complying with the terms of this Agreement. 
  
 (b) In providing services hereunder, Hogarty shall be paid $3,000 per day or any part thereof, once he has provided services to the Company aggregating
sixty days. A day’s service shall be deemed to have occurred if Hogarty spends four hours or more on Company assignments within a 24 hour period. Partial days may be cumulated. Hogarty shall provide the Company with a monthly summary of time
spent each day with a brief description of the assignment. 
  
 (c)
The Company agrees to pay Hogarty’s COBRA payments to continue the medical coverage for Hogarty and his wife as provided by the Company to its employees prior to his retirement and until they both reach age 65. Changes in medical coverage for
all Keystone employees shall result in a change in coverage available for Hogarty and his wife on a concurrent basis. 
  
 (d) Hogarty shall be deemed an independent contractor under this Agreement and no withholding or other taxes will be deducted from compensation paid
hereunder. Hogarty agrees to pay all federal and state taxes due with respect payments received by him hereunder. 
  
 4. Term. This Agreement shall commence on September 1, 2004 and terminate on August 31, 2006, unless extended by mutual agreement. 
  
 5. Termination. (a) This Agreement shall terminate prior to the
expiration of its term upon the happening of any of the following events: 
  
 (i) the mutual agreement of the Company and the Hogarty; 
  
 (ii) the death of the Hogarty; 
  
 (iii) at the Company’s option if, in the reasonable judgment of the Company, Hogarty has become so physically or mentally disabled as
to be incapable of substantially performing his duties hereunder and Hogarty has failed to perform such duties because of such disability for a period of twelve (12) weeks in any twelve (12) month period; 
  

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 (iv) at the Company’s option, in the event of (A) a material breach of this
Agreement by reason of the Hogarty’s continued and willful failure or refusal to substantially perform his duties in accordance with this Agreement or (B) the conviction of the Hogarty (x) of a felony or (y) of a misdemeanor involving financial
impropriety; provided, however, that no termination shall occur under clause A unless the Hogarty first shall have received written notice specifying the acts or omissions alleged to constitute such breach and, if such breach can be
corrected, it continues for thirty (30) days after the Hogarty receives written notice; 
  
 (v) at the Hogarty’s option, in the event of a material breach of this Agreement by the Company. 
  
 (b) In the event this Agreement is terminated, whether at the expiration of
the term or prior thereto as set forth above, neither the Company nor the Hogarty shall have any remaining duties or obligations hereunder, except that (A) in the event of a termination under subsections (i), (ii), (iii) or (iv) above, the Company
shall pay to Hogarty, or his estate, such compensation as is due pursuant to Section 3(a) and (b), prorated through the date of termination (the “Termination Date”) and (B) in the event of a termination under subsection (v) above, the
Company will pay to Hogarty the remainder of his salary under Section 3(a) until the end of the term of the Agreement. In the event of a termination under subsection (iv) above, the Company’s obligation to make COBRA payments under Section 3(c)
shall terminate at the Termination Date. 
  
 6.
Exclusivity. During the term of this Agreement, Hogarty shall not directly or indirectly, whether for compensation or otherwise render any services of any kind whatsoever to any person or entity engaged in any aspect of the collision
replacement parts industry without the written consent of the Company. 
  
 7. Hogarty Covenants. Hogarty hereby resigns as the President of Company and as a director and from all offices he may hold with all subsidiaries of Company effective the Retirement Date. 
  
 8. Non-Disparagement. The Parties agree to refrain from defaming,
disparaging, or otherwise criticizing one another or taking action detrimental to the other. 
  
 9. Assignment. Hogarty’s rights and obligations under this Agreement may not be transferred to any other person or entity. 
  
 10. Governing Law and Venue. This Agreement will be construed and interpreted in accordance with the substantive and
procedural laws of the State of California and federal law (where appropriate), and any dispute arising hereunder shall be venued in the courts of the State of California, County of Los Angeles, which shall have jurisdiction of any such dispute.

  
 11. Entire Agreement. This Agreement constitutes the
entire agreement between the Parties relating to Hogarty’s retirement and engagement as a consultant. Hogarty affirmatively states that he has not been given any promises, representations, or inducements to enter into this Agreement, other than
those specifically contained in the Agreement itself. 
  

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 12. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an
original, but all of which shall constitute one and the same Agreement. 
  
 13. Severability. If for any reason a court of competent jurisdiction finds any provision of this Agreement to be unenforceable, the offending provision may be amended to the extent necessary to conform to applicable law, or, if it
cannot be so amended without materially altering the intention of the Parties, it shall be severed herefrom. In either event, the remainder of the Agreement shall continue in full force and effect. 
  
 14. Notices. Any notice or communication required or permitted
hereunder, shall be deemed to have been given if in writing and (i) delivered in person, (ii) delivered by confirmed facsimile transmission, (iii) sent by overnight carrier, postage prepaid with return receipt requested, or (iv) mailed by certified
or registered mail, postage prepaid with return receipt requested, addressed as follows: 
  
 If to Company, addressed to: 
  
 Keystone Automotive Industries, Inc. 
 700 East Bonita Avenue 
 Pomona, California 91767 
 Attention: President 
 Telecopier No.: (909) 624-9136 
  
 If to Hogarty, addressed to: 
  
 Charles J. Hogarty 
 2530 N. Mountain Avenue 
 Claremont, California 91711 
  
 or to any
alternate address or recipient whose identity shall have been communicated in writing to the party providing the notice prior to such notice. Any such notice or communication shall be deemed received on the date delivered personally or delivered by
confirmed facsimile transmission or on the next business day after it was sent by overnight carrier, postage prepaid with return receipt requested or on the third business day after it was sent by certified or registered mail, postage prepaid with
return receipt requested. 
  
 15. Declaration of
Understanding. The Parties hereto declare that they have had the opportunity to review the terms of this Agreement with counsel of their choice and that the terms of this Agreement are fully understood and agreed to. 
  
 16. Attorneys Fees. In the event any party takes legal action to
enforce any of the terms of this Agreement, the unsuccessful party to such action shall pay the successful party’s expenses, including reasonable attorneys’ fees and costs, incurred in such action. 
  

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 IN WITNESS WHEREOF, the Parties have caused this Agreement to be signed on the date stated below.

  

	CHARLES J. HOGARTY
	
	/s/    Charles J. Hogarty        
	

	 

  

	KEYSTONE AUTOMOTIVE INDUSTRIES, INC.
		
	By:	 	    /s/    James C. Lockwood        
	 	

	 Its:
	 	V.P.
	 	

  

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