1. | The parties hereby agree that the Agreement is hereby modified follows: |
Date | Credit Amount | |||
May 2, 2009 |
[*] | |||
June 2, 2009 |
[*] | |||
July 2, 2009 |
[*] | |||
August 2, 2009 |
[*] | |||
Total |
[*] |
[*] = | CONFIDENTIAL TREATMENT REQUESTED. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. |
(i) | MPA breaches the terms of this Amendment or the Vendor Agreement and fails to cure the same within any applicable cure period; | ||
(ii) | MPA is or becomes the subject of any bankruptcy, insolvency, reorganization or appointment of receiver petition or proceeding (whether voluntary or involuntary) and such petition or proceeding is not dismissed within 30 days of the commencement of the same; or | ||
(iii) | MPA admits in writing insolvency or the inability to pay its debts generally as they become due. |
2. | The parties hereby agree that the following documents are hereby attached to and incorporated into the Vendor Agreement by reference (the “Additional Documents”): |
• | Amendment No. 1 to Vendor Agreement dated August 22, 2006 | ||
• | Addendum No. 1 to Amendment No. 1 to Vendor Agreement dated January 8, 2007 | ||
• | Lift Addendum #1 to Vendor Agreement dated July 7, 2008 |
3. | This Amendment shall take precedence in the event any terms and conditions of the Vendor Agreement or the Additional Documents conflicts herewith. Except as provided herein, all other terms and conditions of the Vender Agreement and the Additional Documents shall remain in full force and effect and are hereby ratified and confirmed. |
MOTORCAR PARTS OF AMERICA, INC. | AUTOZONE PARTS, INC. | ||||||
By:
|
/s/ Selwyn Joffe | By: | /s/ [*] | ||||
Name:
|
Selwyn Joffe | Name: | [*] | ||||
Title:
|
CEO, President, Chairman | Title: | VP Merchandising | ||||
Date:
|
4/22/09 | Date: | 4/27/09 | ||||
By: | /s/ [*] | ||||||
Name: | [*] | ||||||
Title: | SVP Merchandising | ||||||
Date: | 4/27/09 | ||||||
[*] = | CONFIDENTIAL TREATMENT REQUESTED. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. |
Total Inv as | ||||||||||||||||||||
Sku | Part # | Desc | of 3-20 | Core Value | Core Value Ext. | |||||||||||||||
873323 | 16726 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||||||||||
536611 | 17794 | REMAN IMPORT STARTER |
19 | [*] | [*] | |||||||||||||||
536613 | 17794 | REMAN IMPORT STARTER |
16 | [*] | [*] | |||||||||||||||
181002 | 17734 | REMAN IMPORT STARTER |
4 | [*] | [*] | |||||||||||||||
680991 | 16769 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||||||||||
681411 | 14784 | REMAN IMPORT
ALTERNATOR |
1 | [*] | [*] | |||||||||||||||
427611 | 17788 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||||||||||
860890 | 16827 | REMAN IMPORT STARTER |
225 | [*] | [*] | |||||||||||||||
536602 | 13957 | REMAN IMPORT
ALTERNATOR |
45 | [*] | [*] | |||||||||||||||
336495 | 16211 | REMAN IMPORT STARTER |
333 | [*] | [*] | |||||||||||||||
536597 | 13879 | REMAN IMPORT
ALTERNATOR |
55 | [*] | [*] | |||||||||||||||
536601 | 13879 | REMAN IMPORT
ALTERNATOR |
4 | [*] | [*] | |||||||||||||||
536598 | 13882 | REMAN IMPORT
ALTERNATOR |
384 | [*] | [*] | |||||||||||||||
860809 | 16676 | REMAN IMPORT STARTER |
1,264 | [*] | [*] | |||||||||||||||
536610 | 17827 | REMAN IMPORT STARTER |
3 | [*] | [*] | |||||||||||||||
180882 | 13582 | REMAN IMPORT
ALTERNATOR |
19 | [*] | [*] | |||||||||||||||
25231 | 14022 | REMAN IMPORT
ALTERNATOR |
1 | [*] | [*] | |||||||||||||||
873679 | 16966 | REMAN IMPORT STARTER |
1,460 | [*] | [*] | |||||||||||||||
95133 | 13140 | REMAN IMPORT
ALTERNATOR |
2 | [*] | [*] | |||||||||||||||
860866 | 16712 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||||||||||
681312 | 14085 | REMAN IMPORT
ALTERNATOR |
— | [*] | [*] | |||||||||||||||
410990 | 13780 | REMAN IMPORT
ALTERNATOR |
53 | [*] | [*] | |||||||||||||||
180926 | 13597 | REMAN IMPORT
ALTERNATOR |
— | [*] | [*] | |||||||||||||||
424781 | 15978 | REMAN IMPORT
ALTERNATOR |
44 | [*] | [*] | |||||||||||||||
180979 | 17730 | REMAN IMPORT STARTER |
136 | [*] | [*] | |||||||||||||||
860684 | 16740 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||||||||||
860163 | 14037 | REMAN IMPORT
ALTERNATOR |
7 | [*] | [*] | |||||||||||||||
424778 | 13813 | REMAN IMPORT
ALTERNATOR |
9 | [*] | [*] | |||||||||||||||
336420 | 16674 | REMAN IMPORT STARTER |
5,483 | [*] | [*] | |||||||||||||||
5766 | 16922 | REMAN IMPORT STARTER |
3,983 | [*] | [*] | |||||||||||||||
536594 | 15123 | REMAN IMPORT
ALTERNATOR |
15 | [*] | [*] | |||||||||||||||
536595 | 15123 | REMAN IMPORT
ALTERNATOR |
377 | [*] | [*] | |||||||||||||||
5781 | 16958 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||||||||||
68997 | 13547 | REMAN IMPORT
ALTERNATOR |
25 | [*] | [*] | |||||||||||||||
860254 | 16362 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||||||||||
18237 | 16259 | REMAN IMPORT STARTER |
2 | [*] | [*] | |||||||||||||||
873786 | 16914 | REMAN IMPORT STARTER |
4,568 | [*] | [*] | |||||||||||||||
61492 | 14412 | REMAN IMPORT
ALTERNATOR |
195 | [*] | [*] | |||||||||||||||
334375 | 14199 | REMAN IMPORT
ALTERNATOR |
1 | [*] | [*] | |||||||||||||||
424780 | 13784 | REMAN IMPORT
ALTERNATOR |
226 | [*] | [*] | |||||||||||||||
871566 | 14576 | REMAN IMPORT
ALTERNATOR |
1 | [*] | [*] | |||||||||||||||
681163 | 16696 | REMAN IMPORT STARTER |
2,561 | [*] | [*] | |||||||||||||||
25091 | 13422 | REMAN IMPORT
ALTERNATOR |
— | [*] | [*] | |||||||||||||||
79657 | 16586 | REMAN IMPORT STARTER |
2,163 | [*] | [*] | |||||||||||||||
410991 | 13812 | REMAN IMPORT
ALTERNATOR |
62 | [*] | [*] | |||||||||||||||
410981 | 13818 | REMAN IMPORT
ALTERNATOR |
52 | [*] | [*] | |||||||||||||||
681197 | 16908 | REMAN IMPORT STARTER |
21 | [*] | [*] | |||||||||||||||
681262 | 13034 | REMAN IMPORT
ALTERNATOR |
10 | [*] | [*] |
[*] = | CONFIDENTIAL TREATMENT REQUESTED. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. |
Total Inv as | ||||||||||||
Sku | Part# | Desc | of 3-20 | Core Value | Core Value Ext. | |||||||
336404 | 16585 | REMAN IMPORT STARTER |
742 | [*] | [*] | |||||||
981175 | 12128 | REMAN IMPORT STARTER |
79 | [*] | [*] | |||||||
5770 | 16880 | REMAN IMPORT STARTER |
145 | [*] | [*] | |||||||
61029 | 12373Z | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||
427606 | 17790Z | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||
411032 | 15479Z | REMAN IMPORT ALTERNATOR |
2 | [*] | [*] | |||||||
69002 | 13499Z | REMAN IMPORT ALTERNATOR |
10 | [*] | [*] | |||||||
873448 | 16797 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||
860262 | 16353 | REMAN IMPORT STARTER |
393 | [*] | [*] | |||||||
860304 | 16299 | REMAN IMPORT STARTER |
806 | [*] | [*] | |||||||
334474 | 14341 | REMAN IMPORT ALTERNATOR |
698 | [*] | [*] | |||||||
336537 | 16600 | REMAN IMPORT STARTER |
181 | [*] | [*] | |||||||
336511 | 16251 | REMAN IMPORT STARTER |
3 | [*] | [*] | |||||||
873349 | 16736 | REMAN IMPORT STARTER |
9 | [*] | [*] | |||||||
860775 | 16821 | REMAN IMPORT STARTER |
1,110 | [*] | [*] | |||||||
860593 | 14593 | REMAN IMPORT ALTERNATOR |
342 | [*] | [*] | |||||||
18179 | 14728 | REMAN IMPORT ALTERNATOR |
14 | [*] | [*] | |||||||
334490 | 13055 | REMAN IMPORT ALTERNATOR |
8 | [*] | [*] | |||||||
870154 | 14331 | REMAN IMPORT ALTERNATOR |
2 | [*] | [*] | |||||||
5755 | 14326 | REMAN IMPORT ALTERNATOR |
1 | [*] | [*] | |||||||
873828 | 16792 | REMAN IMPORT STARTER |
1 | [*] | [*] | |||||||
536593 | 15120 | REMAN IMPORT ALTERNATOR |
59 | [*] | [*] | |||||||
536600 | 13878Z | REMAN IMPORT ALTERNATOR |
15 | [*] | [*] | |||||||
276014 | 16878 | REMAN IMPORT STARTER |
2,746 | [*] | [*] | |||||||
112172 | 13341 | REMAN IMPORT ALTERNATOR |
6,272 | [*] | [*] | |||||||
681239 | 16963 | REMAN IMPORT STARTER |
4,197 | [*] | [*] | |||||||
873752 | 16856 | REMAN IMPORT STARTER |
925 | [*] | [*] | |||||||
17568 | 15692 | REMAN IMPORT ALTERNATOR |
3,873 | [*] | [*] | |||||||
5756 | 15618 | REMAN IMPORT ALTERNATOR |
4,628 | [*] | [*] | |||||||
60979 | 12318 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||
410971 | 13717 | REMAN IMPORT ALTERNATOR |
23 | [*] | [*] | |||||||
981142 | 16901 | REMAN IMPORT STARTER |
2,755 | [*] | [*] | |||||||
860668 | 16732 | REMAN IMPORT STARTER |
59 | [*] | [*] | |||||||
681189 | 16901 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||
180900 | 13596 | REMAN IMPORT ALTERNATOR |
10 | [*] | [*] | |||||||
873281 | 16711 | REMAN IMPORT STARTER |
138 | [*] | [*] | |||||||
860882 | 16832 | REMAN IMPORT STARTER |
4 | [*] | [*] | |||||||
870352 | 14402 | REMAN IMPORT ALTERNATOR |
19 | [*] | [*] | |||||||
25244 | 14610 | REMAN IMPORT ALTERNATOR |
1 | [*] | [*] | |||||||
999755 | 15679 | REMAN IMPORT ALTERNATOR |
1 | [*] | [*] | |||||||
181001 | 17732 | REMAN IMPORT STARTER |
497 | [*] | [*] | |||||||
860221 | 16164 | REMAN IMPORT STARTER |
— | [*] | [*] | |||||||
Total | 54,603 | [*] |
[*] = | CONFIDENTIAL TREATMENT REQUESTED. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. |