EQUITY BACKSTOP COMMITMENT AGREEMENT AMONG GARRETT MOTION, INC., THE OTHER DEBTORS PARTY HERETO AND THE EQUITY BACKSTOP PARTIES PARTY HERETO Dated as of January 22, 2021Equity Backstop Commitment Agreement • January 25th, 2021 • Garrett Motion Inc. • Motor vehicle parts & accessories • New York
THIS EQUITY BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of January 22, 2021, is made by and among Garrett Motion Inc. ((including as debtor in possession and a reorganized debtor, as applicable) the “Company”) and the other Debtors (as defined below), on the one hand, and each Equity Backstop Party (as defined below), on the other hand. Capitalized terms that are used but not otherwise defined in this Agreement shall have the meanings given to them in Section 1.1 hereof or, if not defined therein, shall have the meanings given to them in the Plan Support Agreement (as defined below) (including the Restructuring Term Sheet (as defined below)), as applicable.
