Replacement Equity Backstop Commitment Agreement Sample Contracts

REPLACEMENT EQUITY BACKSTOP COMMITMENT AGREEMENT AMONG
Replacement Equity Backstop Commitment Agreement • March 10th, 2021 • Garrett Motion Inc. • Motor vehicle parts & accessories • New York

THIS REPLACEMENT EQUITY BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of March 9, 2021, replaces in its entirety that certain Equity Backstop Commitment Agreement dated as of January 22, 2021 (“Original BCA”), and 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.

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