EXHIBIT 10.9 AMENDED AND RESTATED LOAN AGREEMENT BETWEEN POWELL INDUSTRIES, INC. as Borrower AND BANK OF AMERICA, N.A. as Lender Dated as of October 25, 2001 TABLE OF CONTENTSLoan Agreement • January 29th, 2002 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledJanuary 29th, 2002 Company Industry Jurisdiction
1 EXHIBIT 10.6 FIRST AMENDMENT TO CREDIT AGREEMENT THIS FIRST AMENDMENT TO CREDIT AGREEMENT (hereinafter called this "Amendment") is entered into on August 15, 1996, to be effective as of August 15, 1996, between Powell Industries, Inc., a Nevada...Credit Agreement • January 29th, 1997 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledJanuary 29th, 1997 Company Industry Jurisdiction
SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • April 6th, 2023 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledApril 6th, 2023 Company Industry JurisdictionThis AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of September 27, 2019, among POWELL INDUSTRIES, INC., a Delaware corporation (the “Borrower”), the Guarantors (defined herein), the Lenders (defined herein), and BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and L/C Issuer.
AMENDMENT TO DOCUMENTS FOURTH AMENDMENT TO BUSINESS LOAN AGREEMENT This Fourth Amendment to Business Loan Agreement is entered into as of February 26, 1999, between Bank of America Texas, N.A. ("Bank") and Powell Industries, Inc. ("Borrower").Business Loan Agreement • June 14th, 1999 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledJune 14th, 1999 Company Industry
EXHIBIT 10.6Powell Industries Inc • January 26th, 1999 • Switchgear & switchboard apparatus
Company FiledJanuary 26th, 1999 Industry
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • December 6th, 2023 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledDecember 6th, 2023 Company Industry JurisdictionThis AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of September 27, 2019, among POWELL INDUSTRIES, INC., a Delaware corporation (the “Borrower”), the Guarantors (defined herein), the Lenders (defined herein), and BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and L/C Issuer.
WITNESSETH:Loan Agreement • January 7th, 2003 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledJanuary 7th, 2003 Company Industry Jurisdiction
Business Loan Agreement ------------------------------------------------------- ------------------------- This Agreement dated as of August 21, 1997 is between Bank of America Texas, N.A. (the "Bank") and Powell Industries, Inc. (the "Borrower"). 1....Business Loan Agreement • September 15th, 1997 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledSeptember 15th, 1997 Company Industry Jurisdiction
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • September 30th, 2016 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledSeptember 30th, 2016 Company Industry JurisdictionTHIS EMPLOYMENT AGREEMENT and an ancillary agreement to be effective simultaneously herewith entitled “Confidentiality, Non-Competition and Non-Solicitation Agreement” (the “Confidentiality Agreement”), a copy of which is attached hereto as Attachment A, and incorporated herein by reference for all purposes, (this agreement and the Confidentiality Agreement being hereinafter collectively referred to as “this Agreement”) is entered into effective as of October 1, 2016 (the “Effective Date”), by and between Powell Industries, Inc. and its affiliates (the “Company”) and Brett A. Cope (“Executive”).
Eleventh AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 7th, 2013 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledAugust 7th, 2013 Company IndustryTHIS ELEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of June 27, 2013, among Powell Industries, Inc., a Delaware corporation (“Parent” or “Borrower”), Bank of America, N.A., a national banking association, as Agent, Swing Line Lender and L/C Issuer under the Credit Agreement (in such capacity as administrative agent, together with its successors in such capacity, “Agent”), and each lender from time to time party to the Credit Agreement (collectively, “Lenders” and individually, a “Lender”). Capitalized terms used but not defined in this Amendment have the meaning given them in the Credit Agreement (defined below).
ASSET PURCHASE AGREEMENT by and between POWELL INDUSTRIES, INC., a Delaware corporation, as Buyer, and GENERAL ELECTRIC COMPANY, a New York corporation, as Seller Dated: August 7, 2006Asset Purchase Agreement • June 16th, 2008 • Powell Industries Inc • Switchgear & switchboard apparatus • New York
Contract Type FiledJune 16th, 2008 Company Industry JurisdictionThis Asset Purchase Agreement, dated as of August 7, 2006 (together with the schedules attached hereto, the “Agreement”) is by and among Powell Industries, Inc., a Delaware corporation (the “Buyer”) and General Electric Company, a New York corporation (the “Seller”).
RECITALSPowell Industries Inc • January 28th, 2000 • Switchgear & switchboard apparatus
Company FiledJanuary 28th, 2000 Industry
BETWEENCredit Agreement • January 26th, 1996 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledJanuary 26th, 1996 Company Industry Jurisdiction
POWELL SUPPLY AGREEMENTPowell Supply Agreement • August 9th, 2006 • Powell Industries Inc • Switchgear & switchboard apparatus • New York
Contract Type FiledAugust 9th, 2006 Company Industry JurisdictionThis Powell Supply Agreement (the “Agreement”) is made and entered into this 7th day of August, 2006 (the “Effective Date”) by and between General Electric Company (“GE”), a New York corporation on behalf of and for the benefit of its GE Consumer & Industrial and GE Energy business components (GE Consumer & Industrial, together with its Affiliates, is referred to herein as “Buyer”), and Powell Industries, Inc., a Delaware corporation (hereinafter called “Seller,” together with Buyer referred to as the “Parties” and each individually as a “Party”). GE Energy is entering into this Agreement solely for the limited purposes of agreeing to be bound by the provisions of Section 2.14 and Articles 15, 21, 24, 25, 26, 27 and 29, and shall be deemed to be a Party or the Buyer for purposes of the obligations set forth in those sections or articles only and, further, shall be deemed a third party beneficiary with respect to all of Buyer’s rights and Seller’s obligations hereunder.
SEVERANCE AGREEMENT AND RELEASESeverance Agreement and Release • December 7th, 2016 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledDecember 7th, 2016 Company IndustryThis Severance Agreement and Release (the "Agreement") is entered into by and between Neil Dial ("Executive") and Powell Industries, Inc. (the "Company") as follows:
FOURTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • December 8th, 2006 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledDecember 8th, 2006 Company IndustryTHIS FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of December 7, 2006, but shall be effective for all purposes as of the Effective Date (defined below) among Powell Industries, Inc., a Delaware corporation (“Parent”), Switchgear & Instrumentation Ltd., an entity organized under the laws of England and Wales (formerly known as Inhoco 3210 Limited, “Inhoco”), Switchgear & Instrumentation Properties Limited, an entity organized under the laws of England and Wales (“SI Properties” and together with Inhoco, “UK Borrower”), Bank of America, N.A., a national banking association, as Agent, Swing Line Lender and L/C Issuer under the Credit Agreement (in such capacity as administrative agent, together with its successors in such capacity, “Agent”), and each lender from time to time party to the Credit Agreement (collectively, “Lenders” and individually, a “Lender”). Capitalized terms used but not defined in this Amendment have the meaning given them in the Credit Ag
EXECUTIVE EMPLOYMENT AGREEMENTConfidentiality, Non-Competition and Non-Solicitation Agreement • December 5th, 2013 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledDecember 5th, 2013 Company Industry JurisdictionTHIS EMPLOYMENT AGREEMENT and an ancillary agreement to be effective simultaneously herewith entitled "Confidentiality, Non-Competition and Non-Solicitation Agreement” (the "Confidentiality Agreement"), a copy of which is attached hereto as Attachment A, and incorporated herein by reference for all purposes, (this agreement and the Confidentiality Agreement being hereinafter collectively referred to as "this Agreement") is entered into effective as of December 1, 2013 (the "Effective Date"), by and between Powell Industries, Inc. and its affiliates (the "Company") and Neil Dial ("Executive").
POWELL INDUSTRIES, INC. NOTICE OF PERFORMANCE UNIT AWARDAward Agreement • May 7th, 2014 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledMay 7th, 2014 Company IndustrySubject to the terms and conditions of this Notice of Performance Unit Award (this "Notice"), the Performance Unit Award Agreement attached hereto (the "Award Agreement"), and the Powell Industries, Inc. 2014 Equity Incentive Plan (the "Plan"), the below individual (the "Participant") is hereby granted the below number of Performance Units (the "Performance Units") in Powell Industries, Inc. (the "Company"). Unless otherwise specifically indicated, all terms used in this Notice shall have the meaning as set forth in the Award Agreement or the Plan.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • November 1st, 2018 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledNovember 1st, 2018 Company Industry JurisdictionTHIS EMPLOYMENT AGREEMENT and an ancillary agreement to be effective simultaneously herewith entitled "Confidentiality, Non-Competition and Non-Solicitation Agreement" (the "Confidentiality Agreement"), a copy of which is attached hereto as Attachment A, and incorporated herein by reference for all purposes, (this agreement and the Confidentiality Agreement being hereinafter collectively referred to as "this Agreement") is entered into effective as of November 5, 2018 (the "Effective Date"), by and between Powell Industries, Inc. and its affiliates (the "Company") and Michael W. Metcalf ("Executive").
Dated 4 July 2005 SWITCHGEAR & INSTRUMENTATION LIMITED INHOCO 3210 LIMITED (to be renamed Switchgear & Instrumentation Limited) AGREEMENT for the sale and purchase of certain assets and the assumption of certain liabilities of Switchgear &...Agreement • July 6th, 2005 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledJuly 6th, 2005 Company Industry
AMENDED AND RESTATED CREDIT AGREEMENT BETWEEN POWELL CANADA INC. as Borrower AND POWELL INDUSTRIES, INC., NEXTRON LIMITED, and PPC TECHNICAL SERVICES INC. as Guarantors AND HSBC BANK CANADA, as Lender MADE AS OF APRIL 26, 2012Credit Agreement • May 9th, 2012 • Powell Industries Inc • Switchgear & switchboard apparatus • Alberta
Contract Type FiledMay 9th, 2012 Company Industry JurisdictionPOWELL INDUSTRIES, INC., a Delaware Corporation, (hereinafter sometimes referred to as “Powell” and sometimes referred to as the “Guarantor”)
LEASE AGREEMENTLease Agreement • August 9th, 2006 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledAugust 9th, 2006 Company IndustryTHIS LEASE AGREEMENT (this “Lease”) is made this 19th day of April, 2006 (the “Effective Date”), between C&L Partnership, Ltd., a Texas Limited Partnership (“Landlord”), and Powell Industries, Inc., a Delaware Corporation (“Tenant”) upon the following terms and conditions:
CONSULTING AND ADVISORY SERVICES AGREEMENTConsulting and Advisory Services Agreement • December 21st, 2018 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledDecember 21st, 2018 Company Industry JurisdictionThis Consulting and Advisory Services Agreement (the "Agreement") is made and entered into as of January 5, 2019 (the "Effective Date") by and between Powell Industries, Inc., its subsidiaries and affiliates (the "Company") and Don R. Madison ("Consultant"), who was heretofore employed by the Company through January 4, 2019 as an officer pursuant to an Executive Employment Agreement dated May 8, 2012 (the "Employment Agreement"), upon the following terms and conditions:
PURCHASE AGREEMENT By and Between Powell PowerComm KO Inc. as Buyer and PowerComm Inc. as Seller Dated: October 21, 2009Purchase Agreement • October 27th, 2009 • Powell Industries Inc • Switchgear & switchboard apparatus • Alberta
Contract Type FiledOctober 27th, 2009 Company Industry JurisdictionTHIS PURCHASE AGREEMENT, dated as of October 21, 2009 (together with the appendices and schedules attached hereto, the “Agreement”) is by and between Powell PowerComm KO Inc., a Canadian corporation (“Buyer”) and PowerComm Inc., an Alberta corporation (the “Seller”).
CANADIAN BENCHMARK REPLACEMENT CONFORMING CHANGES AMENDMENTPowell Industries Inc • July 31st, 2024 • Switchgear & switchboard apparatus
Company FiledJuly 31st, 2024 IndustryTHIS CANADIAN BENCHMARK REPLACEMENT CONFORMING CHANGES AMENDMENT (this “Agreement”), dated as of June 26, 2024, is entered into among POWELL INDUSTRIES, INC., a Delaware corporation (the “Borrower”), and BANK OF AMERICA, N.A., as administrative agent (the “Administrative Agent”).
NINTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • May 24th, 2011 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledMay 24th, 2011 Company IndustryTHIS NINTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of May 18, 2011, among Powell Industries, Inc., a Delaware corporation (“Parent”), Switchgear & Instrumentation Ltd., an entity organized under the laws of England and Wales (formerly known as Inhoco 3210 Limited, “Inhoco”), Switchgear & Instrumentation Properties Limited, an entity organized under the laws of England and Wales (“SI Properties” and together with Inhoco, “UK Borrower”), Bank of America, N.A., a national banking association, as Agent, Swing Line Lender and L/C Issuer under the Credit Agreement (in such capacity as administrative agent, together with its successors in such capacity, “Agent”), and each lender from time to time party to the Credit Agreement (collectively, “Lenders” and individually, a “Lender”). Capitalized terms used but not defined in this Amendment have the meaning given them in the Credit Agreement (defined below).
ASSET PURCHASE AGREEMENT By and Among Powell PowerComm Inc. as Buyer and PowerComm Inc. Redhill Systems Ltd. Nextron Corporation PCG Technical Services Inc. Concorde Metal Manufacturing Ltd. as Sellers Dated: October 21, 2009Asset Purchase Agreement • October 27th, 2009 • Powell Industries Inc • Switchgear & switchboard apparatus • Alberta
Contract Type FiledOctober 27th, 2009 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT, dated as of October 21, 2009 (together with the appendices and schedules attached hereto, the “Agreement”) is by and among Powell PowerComm, Inc., a Canadian corporation (“Buyer”), on the one hand, and PowerComm Inc., an Alberta corporation (“PowerComm”), Redhill Systems Ltd., an Alberta corporation (“Redhill”), Nextron Corporation, an Alberta corporation (“Nextron”), PCG Technical Services Inc., an Alberta corporation (“PCG”), and Concorde Metal Manufacturing Ltd., an Alberta corporation (“Concorde” and each of PowerComm, Redhill, Nextron, PCG and Concorde may be referred to individually as a “Seller” and collectively as the “Sellers”), on the other hand.
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 9th, 2006 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledAugust 9th, 2006 Company IndustryTHIS THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of August 4, 2006, but shall be effective for all purposes as of the Effective Date (defined below) among Powell Industries, Inc., a Delaware corporation (“Parent”), Switchgear & Instrumentation Ltd., an entity organized under the laws of England and Wales (formerly known as Inhoco 3210 Limited, "Inhoco”), Switchgear & Instrumentation Properties Limited, an entity organized under the laws of England and Wales (“SI Properties” and together with Inhoco, “UK Borrower”), Bank of America, N.A., a national banking association, as Agent, Swing Line Lender and L/C Issuer under the Credit Agreement (in such capacity as administrative agent, together with its successors in such capacity, "Agent”), and each lender from time to time party to the Credit Agreement (collectively, “Lenders” and individually, a “Lender”). Capitalized terms used but not defined in this Amendment have the meaning given them in the Credit Agree
PURCHASE AGREEMENT By and Between Powell PowerComm Ventures Inc. as Buyer and PowerComm Inc. as Seller Dated: October 21, 2009Purchase Agreement • October 27th, 2009 • Powell Industries Inc • Switchgear & switchboard apparatus • Alberta
Contract Type FiledOctober 27th, 2009 Company Industry JurisdictionTHIS PURCHASE AGREEMENT, dated as of October 21, 2009 (together with the appendices and schedules attached hereto, the “Agreement”) is by and between Powell PowerComm Ventures Inc., a Canadian corporation (“Buyer”) and PowerComm Inc., an Alberta corporation (the “Seller”).
THIRD AMENDMENT TO LOAN AGREEMENTLoan Agreement • January 31st, 2005 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledJanuary 31st, 2005 Company Industry JurisdictionThis Third Amendment to Loan Agreement (this “Third Amendment”) is made and entered into as of the 29th day of October, 2004, by and between POWELL INDUSTRIES, INC., a Delaware corporation (“Borrower”), and BANK OF AMERICA, N.A., a national banking association (“Lender”).
FIRST AMENDMENT TO CONSULTING AND ADVISORY SERVICES AGREEMENTConsulting and Advisory Services Agreement • May 8th, 2019 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledMay 8th, 2019 Company Industry JurisdictionThis First Amendment to Consulting and Advisory Services Agreement (this "First Amendment") is made and entered into as of May 6, 2019 (the "Effective Date") by and between Powell Industries, Inc., its subsidiaries and affiliates (the "Company") and Don R. Madison (the "Consultant").
CREDIT AGREEMENT BETWEEN POWELL POWERCOMM INC. as Borrower AND POWELL INDUSTRIES, INC., NEXTRON LIMITED, and PPC TECHNICAL SERVICES INC. as Guarantors AND HSBC BANK CANADA, as Lender MADE AS OF DECEMBER 15, 2009Credit Agreement • December 21st, 2009 • Powell Industries Inc • Switchgear & switchboard apparatus • Alberta
Contract Type FiledDecember 21st, 2009 Company Industry Jurisdiction
INDEMNIFICATION AGREEMENTIndemnification Agreement • March 5th, 2009 • Powell Industries Inc • Switchgear & switchboard apparatus • Delaware
Contract Type FiledMarch 5th, 2009 Company Industry JurisdictionThis INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into this day of , 2009 between Powell Industries, Inc., a Delaware corporation (the “Company”) and (“Indemnitee”).
EXECUTIVE EMPLOYMENT AGREEMENTEmployment Agreement • February 3rd, 2016 • Powell Industries Inc • Switchgear & switchboard apparatus • Texas
Contract Type FiledFebruary 3rd, 2016 Company Industry Jurisdiction
LIBOR TRANSITION AMENDMENTLibor Transition Amendment • February 1st, 2023 • Powell Industries Inc • Switchgear & switchboard apparatus
Contract Type FiledFebruary 1st, 2023 Company IndustryTHIS LIBOR TRANSITION AMENDMENT (this “Amendment”), dated as of November 10, 2022 (the “Amendment Effective Date”), is entered into among POWELL INDUSTRIES, INC., a Delaware corporation (the “Borrower”), the guarantor(s) party hereto (the “Guarantor(s)”), and BANK OF AMERICA, N.A., as administrative agent (the “Administrative Agent”), L/C Issuer, Swingline Lender and a Lender.