AMENDED AND RESTATED DELAYED DRAW TERM LOAN AGREEMENT dated as of October 18, 2019 among SHIFT TECHNOLOGIES, INC., SHIFT OPERATIONS LLC, and SHIFT FINANCE, LLC, as Borrowers, and LITHIA MOTORS, INC., as LenderDelayed Draw Term Loan Agreement • September 3rd, 2020 • Insurance Acquisition Corp. • Retail-auto dealers & gasoline stations • Oregon
Contract Type FiledSeptember 3rd, 2020 Company Industry JurisdictionThis AMENDED AND RESTATED DELAYED DRAW TERM LOAN AGREEMENT, dated as of October 18, 2019 (the “Restatement Date”), is by and among SHIFT TECHNOLOGIES, INC., a Delaware corporation (“Shift Technologies”), SHIFT OPERATIONS LLC, a Delaware limited liability company, and SHIFT FINANCE, LLC (each a “Borrower” and together with any other person that becomes a Borrower hereunder pursuant to Section 7.04(b), the “Borrowers”), and LITHIA MOTORS, INC., an Oregon corporation (“Lender”).