Chrysler Group LLC Auburn Hills, Michigan 48326Transaction Letter Agreement • May 9th, 2011 • Chrysler Group LLC • Motor vehicles & passenger car bodies
Reference is hereby made to (i) the First Lien Credit Agreement, dated as of June 10, 2009 (as amended, supplemented and modified from time to time, the “Credit Agreement”), among Chrysler Group LLC (“Chrysler”) and the United States Department of the Treasury (the “Treasury”), and (ii) the letter agreement, dated as of the date hereof, among Chrysler, the UAW Retiree Medical Benefits Trust, the VEBA Holdcos (as defined therein), Fiat North America LLC (“Fiat”), the Treasury and Canada CH Investment Corporation (the “Transaction Letter Agreement”). The parties hereto intend this letter agreement to record their agreement with respect to certain obligations that would survive the termination of the Credit Agreement. The parties hereto are entering into this letter agreement in order to facilitate certain refinancing transactions, which include, without limitation, the repayment of the Obligations under the Credit Agreement and the termination of all Commitments under the Credit Agreemen
