Paragraph 6. For the purposes of determining the Credit Support Balance pursuant to Paragraph 6, the definition of Value in Paragraph 10 shall be amended by deleting the words "multiplied by the applicable Valuation Percentage, if any" from sub-paragraphs (i)(A) and (i)(B).
Paragraph 6. 9.6 shall be deleted in its entirety and replaced with the following:
Paragraph 6. 1. The date “April 1, 2012” found in paragraph 6.1 is deleted and replaced with the date “April 1, 2013”
Paragraph 6. 2.8 of Section 6, OWNERSHIPS AND TITLES, of the Co- Tenancy Agreement is hereby deleted in its entirety and a new Paragraph 6.2.8 is hereby substituted to read in its entirety as follows:
Paragraph 6. 2.1. is not applicable when the headlamp and the parts of the headlamp cleaner referred to in paragraph 6.2.1. form a complete assembly during the approval of the headlamp;
Paragraph 6. 1.2.1., replace 2.23. with 2.26. Paragraph 6.1.2.3., replace 3.1.10. with 2.27.1.
Paragraph 6. Paragraph 6 of the Existing Note Agreement is hereby amended and restated in its entirety as follows:
Paragraph 6. 2(a) of the Agreement is hereby amended and restated in full as follows: In the event that the Executive's Total Payments (not including the Gross-Up Payment), as hereinafter defined, are subject in whole or in part to the excise tax imposed under Section 4999 of the Code (the "Excise Tax"), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after payment of any Excise Tax on the Total Payments and any federal, state and local income taxes and Excise Tax on the Gross-Up Payment equals the Total Payments, (not including the Gross-Up Payment). Exhibit 6.2 attached hereto is an example of the calculation of a Gross-Up Payment.
Paragraph 6. 2(a) of the Agreement is hereby amended and restated in full as follows: In the event that the Executive's Total Payments (not including the Gross-Up Payment), as hereinafter defined, are subject in whole or in part to the excise tax imposed under Section 4999 of the Code (the "Excise Tax"), then the Company shall pay to the Executive an additional amount (the "Gross-Up Payment") such that the net amount retained by the Executive after payment of any Excise Tax on the Total Payments and any federal, state and local income taxes and Excise Tax on the Gross-Up Payment equals the Total Payments, (not including the Gross-Up Payment). Exhibit 6.2 attached hereto is an example of the calculation of a Gross-Up Payment. Accordingly, the net amount retained by the Executive after payment of Excise Tax on the Total Payments and income taxes and Excise Tax on the Gross-Up Payment equals $400,000 [600,000 - 200,000], which equals the Executive's Total Payments before calculation of the Gross-Up Payment.
Paragraph 6. 1.1 of the Agreement is deleted and replaced with the following:
