PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • August 7th, 2014 • GENTHERM Inc • Motor vehicle parts & accessories • New York
This PLEDGE AND SECURITY AGREEMENT, dated as of August 7, 2014 (as amended, restated, extended, supplemented or otherwise modified from time to time, this “Security Agreement”), is made by GENTHERM INCORPORATED, a Michigan corporation (the “Company”) and each Guarantor (terms used in the preamble and the recitals have the definitions set forth in or incorporated by reference in Article I) from time to time party to this Security Agreement (each individually, a “Grantor” and collectively, the “Grantors”), in favor of BANK OF AMERICA, N.A., as the administrative agent (together with its successor(s) thereto in such capacity, the “Administrative Agent”) for each of the Secured Parties.
CREDIT AGREEMENTCredit Agreement • August 7th, 2014 • GENTHERM Inc • Motor vehicle parts & accessories • New York
This CREDIT AGREEMENT (this “Agreement”) is entered into as of August 7, 2014, among GENTHERM INCORPORATED, a Michigan corporation (the “Company”), GENTHERM GMBH, a German limited liability company (“Gentherm Germany”), Gentherm (Texas), Inc., a Texas corporation (“Gentherm Texas” and together with the Company, the “U.S. Borrowers”), Gentherm Canada Ltd., an Ontario corporation (“Gentherm Canada”), Global Thermoelectric Inc., an Alberta corporation (“Global” and, together with Gentherm Canada, the “Canadian Borrowers” and, together with Gentherm Canada, the U.S. Borrowers and Gentherm Germany, the “Borrowers” and each, a “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
