SEC Contract Filing

Filing Date: 2017-05-26

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>d360074dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXECUTION VERSION </B></P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Superior Industries International, Inc. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INVESTOR RIGHTS AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>This Investor Rights Agreement (this &#147;<B><I>Agreement</I></B>&#148;) is made as of May&nbsp;22, 2017 (the
&#147;<B><I>Effective Date</I></B>&#148;), between Superior Industries International, Inc., a Delaware corporation (the &#147;<B><I>Company</I></B>&#148;), and TPG Growth III Sidewall, L.P. (the &#147;<B><I>Investor</I></B>&#148;). <B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B><B>WHEREAS, </B><B><I></I></B>the Investor and the Company have entered into that certain Investment Agreement,
dated as of March&nbsp;22, 2017 (the &#147;<B><I>Investment Agreement</I></B>&#148;), pursuant to which Investor has agreed to purchase, subject to the satisfaction and/or waiver of the conditions set forth therein, up to an aggregate of 140,202
shares of Series A Perpetual Convertible Preferred Stock and up to 9,798 shares of Series B Perpetual Convertible Preferred Stock, each par value $0.01 per share, of the Company (collectively, the &#147;Preferred Stock&#148;); and<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, it is a condition precedent to Investor&#146;s obligation to purchase such Preferred Stock that the Company enter into this
Agreement with the Investor to provide for certain rights and obligations of the Parties following the closing of the transactions contemplated by the Investment Agreement.<B> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE</B>, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows:<B> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Section&nbsp;1. <U>Board of
Directors</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) Subject to the terms and conditions of this Agreement, from and after the Effective Date and for so long as the
Investor Amount is at least 50%: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the Investor shall have the right, but not the obligation, to designate one person to
be appointed or nominated, as the case may be, for election to the Board (including any successor, each, a &#147;<B><I>Nominee</I></B>&#148;) by giving written notice to the Company on or before the time such information is reasonably requested by
the Board or the Nominating and Corporate Governance Committee for inclusion in a proxy statement for a meeting of stockholders provided to the Investor, together with all information about the Nominee as shall reasonably requested by the Board or
the Nominating and Corporate Governance Committee in order to make the determination referred to in <U>Section&nbsp;1(a)(iv)</U>; <I>provided</I>, <I>however,</I> the initial Nominee shall be appointed as set forth in <U>Section&nbsp;1(a)(ii)</U>.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Company and the Board shall take all necessary and desirable actions such that, as of the Effective Date, Ransom
Langford shall be appointed as a Director. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) The Company will, as promptly as practicable, use its best efforts to
take all necessary and desirable actions (including, without limitation, calling special meetings of the Board and the stockholders and recommending, supporting and soliciting proxies) so that an Investor Director serves on the Board at all times,
subject to the Investor having designated a Nominee and providing the information set forth in <U>Section&nbsp;1(a)(i)</U>. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) The Company shall, to the fullest extent permitted by applicable law, use
its best efforts to promptly take all actions necessary to ensure that: (i)&nbsp;the Nominee is included in the Board&#146;s slate of nominees to the stockholders of the Company for each election of Directors; and (ii)&nbsp;the Nominee is included
in the proxy statement prepared by management of the Company in connection with soliciting proxies for every meeting of the stockholders of the Company called with respect to the election of members of the Board, and at every adjournment or
postponement thereof, and on every action or approval by written consent of the stockholders of the Company or the Board with respect to the election of members of the Board. Notwithstanding anything to the contrary herein, the In