Motorcar Parts America Inc Sample Contracts

Motorcar Parts America Inc – AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (February 11th, 2019)

THIS AMENDMENT NO. 2 dated as of February 5, 2019 (this “AMENDMENT”), to the Employment Agreement, dated as of May 18, 2012 and previously amended by Amendment No. 1 to Employment Agreement dated as of July 1, 2014 (as amended, the “EMPLOYMENT AGREEMENT”), by and between Motorcar Parts of America, Inc. (“COMPANY”) and Selwyn Joffe, an individual residing at (“EXECUTIVE”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the EMPLOYMENT AGREEMENT.

Motorcar Parts America Inc – NEWS RELEASE (February 11th, 2019)

LOS ANGELES, CA – February 11, 2019 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced results for its fiscal 2019 third quarter ended December 31, 2018 – reflecting record sales for both the quarter and nine months on a reported and adjusted basis, and investments to support new business, product line expansion, and continued growth.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (January 8th, 2019)
Motorcar Parts America Inc – FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT (November 20th, 2018)

This FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AGREEMENT, dated as of November 14, 2018 (this “First Amendment”) to that certain Amended and Restated Revolving Credit, Term Loan and Security Agreement, dated as of June 5, 2018 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a corporation organized under the laws of the State of New York (“MPA”, and together with each Person organized under the laws of a State of the United States joined thereto as a borrower from time to time, collectively, the “US Borrowers”, and each, a “US Borrower”), D & V Electronics Ltd., a corporation amalgamated and existing under the laws of the Province of British Columbia (“D&V” and together with each Person organized under the laws of Canada joined thereto as a borrower from time to time, collectively, the

Motorcar Parts America Inc – AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT PNC BANK, NATIONAL ASSOCIATION (AS LENDER AND AS AGENT) WITH MOTORCAR PARTS OF AMERICA, INC. (AS A US BORROWER) AND D & V ELECTRONICS LTD. (AS A CANADIAN BORROWER) June 5, 2018 (August 9th, 2018)

Amended and Restated Revolving Credit, Term Loan and Security Agreement, dated as of June 5, 2018 among MOTORCAR PARTS OF AMERICA, INC., a corporation organized under the laws of the State of New York (“MPA”, and together with each Person organized under the laws of a State of the United States joined hereto as a borrower from time to time, collectively, the “US Borrowers”, and each, a “US Borrower”), D & V Electronics Ltd., a corporation amalgamated and existing under the laws of the Province of British Columbia (“D&V” and together with each Person organized under the laws of Canada joined hereto as a borrower from time to time, collectively, the “Canadian Borrowers”, and each, a “Canadian Borrower”; the Canadian Borrowers and the US Borrowers are referred to herein each as a “Borrower” and collectively as “Borrowers”), each Person joined hereto as a guarantor from time to time, the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lende

Motorcar Parts America Inc – CONTACT: Gary S. Maier (August 9th, 2018)

LOS ANGELES, CA –August 9, 2018 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2019 first quarter ended June 30, 2018.

Motorcar Parts America Inc – MOTORCAR PARTS OF AMERICA REPORTS FISCAL 2018 FOURTH QUARTER AND YEAR-END RESULTS (June 14th, 2018)

LOS ANGELES, CA –June 14, 2018 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported record sales for its fiscal 2018 fourth quarter and year ended March 31, 2018.

Motorcar Parts America Inc – AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT PNC BANK, NATIONAL ASSOCIATION (AS LENDER AND AS AGENT) WITH MOTORCAR PARTS OF AMERICA, INC. (AS A US BORROWER) AND D & V ELECTRONICS LTD. (AS A CANADIAN BORROWER) June 5, 2018 (June 11th, 2018)

Amended and Restated Revolving Credit, Term Loan and Security Agreement, dated as of June 5, 2018 among MOTORCAR PARTS OF AMERICA, INC., a corporation organized under the laws of the State of New York (“MPA”, and together with each Person organized under the laws of a State of the United States joined hereto as a borrower from time to time, collectively, the “US Borrowers”, and each, a “US Borrower”), D & V Electronics Ltd., a corporation amalgamated and existing under the laws of the Province of British Columbia (“D&V” and together with each Person organized under the laws of Canada joined hereto as a borrower from time to time, collectively, the “Canadian Borrowers”, and each, a “Canadian Borrower”; the Canadian Borrowers and the US Borrowers are referred to herein each as a “Borrower” and collectively as “Borrowers”), each Person joined hereto as a guarantor from time to time, the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lende

Motorcar Parts America Inc – MOTORCAR PARTS OF AMERICA, INC. (March 15th, 2018)

Motorcar Parts of America, Inc. (the “Company”), pursuant to its Third Amended and Restated 2010 Incentive Award Plan, as amended from time to time (the “Plan”), hereby grants to the holder listed below (“Participant”) the number of shares of the Company’s Common Stock set forth below (the “Shares”).  This Restricted Stock Award is subject to all of the terms and conditions set forth herein and in the Restricted Stock Award Agreement attached hereto as Exhibit A (the “Restricted Stock Agreement”) (including, without limitation, the Restrictions on the Shares set forth in the Restricted Stock Agreement) and the Plan, each of which are incorporated herein by reference.  Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Restricted Stock Agreement.

Motorcar Parts America Inc – MOTORCAR PARTS OF AMERICA, INC. THIRD AMENDED AND RESTATED 2010 INCENTIVE AWARD PLAN RESTRICTED STOCK UNIT AWARD GRANT NOTICE (March 15th, 2018)

Motorcar Parts of America, Inc. (the “Company”), pursuant to its Third Amended and Restated 2010 Incentive Award Plan, as amended from time to time (the “Plan”), hereby grants to the holder listed below (“Participant”) an award of restricted stock units (“RSUs”).  Each Restricted Stock Unit represents the right to receive one Share upon vesting of such Restricted Stock Unit.  This award of RSUs is subject to all of the terms and conditions set forth herein and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “Restricted Stock Unit Award Agreement”) and the Plan, each of which are incorporated herein by reference.  Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Restricted Stock Unit Award Agreement.

Motorcar Parts America Inc – MOTORCAR PARTS OF AMERICA, INC. THIRD AMENDED AND RESTATED 2010 INCENTIVE AWARD PLAN STOCK OPTION GRANT NOTICE (March 15th, 2018)

Motorcar Parts of America, Inc. (the “Company”), pursuant to its Third Amended and Restated 2010 Incentive Award Plan, as amended from time to time (the “Plan”), hereby grants to the holder listed below (“Participant”) an option to purchase the number of Shares set forth below (the “Option”).  This Option is subject to all of the terms and conditions set forth herein and in the Stock Option Agreement attached hereto as Exhibit A (the “Stock Option Agreement”) and the Plan, each of which are incorporated herein by reference.  Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Stock Option Agreement.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (February 9th, 2018)

LOS ANGELES, CA –February 9, 2018 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2018 third quarter and nine-months -- reflecting slower than expected sales due to unusually soft demand in the industry and customer inventory reduction programs, with more robust sales activity in the current fourth quarter.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (November 9th, 2017)

LOS ANGELES, CA –November 9, 2017 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported record sales for its fiscal 2018 second quarter and six-month period -- despite widely reported industry softness and associated customer ordering dynamics, both of which now appear to be reversing.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (August 9th, 2017)
Motorcar Parts America Inc – FIFTH AMENDMENT TO LOAN AGREEMENT (July 24th, 2017)

FIFTH AMENDMENT TO LOAN AGREEMENT, dated as of July 18, 2017 (this “Fifth Amendment”) to that certain Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the “Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – THIRD AMENDMENT TO LOAN AGREEMENT (June 14th, 2017)

THIRD AMENDMENT TO LOAN AGREEMENT, dated as of March 24, 2017 (this “Third Amendment”) to that certain Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the “Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – CONTACT: Gary S. Maier (June 14th, 2017)

LOS ANGELES, CA – June 14, 2017 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported record sales for its fiscal 2017 fourth quarter and year ended March 31, 2017 on a reported and adjusted basis.

Motorcar Parts America Inc – NEWS RELEASE (May 16th, 2017)
Motorcar Parts America Inc – FOURTH AMENDMENT TO LOAN AGREEMENT (April 27th, 2017)

FOURTH AMENDMENT TO LOAN AGREEMENT, dated as of April 24, 2017 (this “Fourth Amendment”) to that certain Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the “Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – CONTACT: Gary S. Maier (February 22nd, 2017)
Motorcar Parts America Inc – NEWS RELEASE (February 9th, 2017)

LOS ANGELES, CA – February 9, 2017 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2017 third quarter -- reflecting record profitability on a reported and adjusted basis.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (November 9th, 2016)
Motorcar Parts America Inc – CONTACT: Gary S. Maier (August 9th, 2016)
Motorcar Parts America Inc – CONSENT AND SECOND AMENDMENT TO LOAN AGREEMENT (August 9th, 2016)

CONSENT AND SECOND AMENDMENT TO LOAN AGREEMENT, dated as of May 19, 2016 (this “Second Amendment”) to that certain Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the “Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – CONTACT: Gary S. Maier (June 14th, 2016)
Motorcar Parts America Inc – CONSENT AND SECOND AMENDMENT TO LOAN AGREEMENT (May 25th, 2016)

CONSENT AND SECOND AMENDMENT TO LOAN AGREEMENT, dated as of May 19, 2016 (this “Second Amendment”) to that certain Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the “Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – AMENDED AND RESTATED BY-LAWS OF (February 10th, 2016)
Motorcar Parts America Inc – CONTACT: Gary S. Maier (February 9th, 2016)

LOS ANGELES, CA – February 9, 2016 – Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2016 third quarter and nine months – reflecting record sales and profitability for a quarter, supported by strong growth across all product categories.

Motorcar Parts America Inc – REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (January 22nd, 2016)

Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 among MOTORCAR PARTS OF AMERICA, INC., a corporation organized under the laws of the State of New York (“MPA” or “Borrower”), each Person joined hereto as a guarantor from time to time (collectively, the “Guarantors”, and each, a “Guarantor”), the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lenders” and each individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).

Motorcar Parts America Inc – REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (December 2nd, 2015)

Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 among MOTORCAR PARTS OF AMERICA, INC., a corporation organized under the laws of the State of New York (“MPA” or “Borrower”), each Person joined hereto as a guarantor from time to time (collectively, the “Guarantors”, and each, a “Guarantor”), the financial institutions which are now or which hereafter become a party hereto (collectively, the “Lenders” and each individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).

Motorcar Parts America Inc – CONSENT AND FIRST AMENDMENT TO LOAN AGREEMENT (November 9th, 2015)

CONSENT AND FIRST AMENDMENT TO LOAN AGREEMENT, dated as of November 5, 2015 (this “First Amendment”), to the Revolving Credit, Term Loan and Security Agreement, dated as of June 3, 2015 (as amended, restated, amended and restated, refinanced, replaced, supplemented, modified or otherwise changed from time to time, the “Loan Agreement”), by and among Motorcar Parts of America, Inc., a New York corporation (“Borrower”), the other Persons from time to time party thereto as guarantors, the lenders from time to time party thereto (each, a “Lender” and collectively, the ”Lenders”) and PNC Bank, National Association (“PNC”), as agent for the Lenders (PNC in such capacity, together with its successors and assigns in such capacity, “Agent”).

Motorcar Parts America Inc – CONTACT: Gary S. Maier (November 9th, 2015)
Motorcar Parts America Inc – NEWS RELEASE (August 10th, 2015)
Motorcar Parts America Inc – MOTORCAR PARTS OF AMERICA, INC. 2014 NON-EMPLOYEE DIRECTOR INCENTIVE AWARD PLAN RESTRICTED STOCK UNIT AWARD GRANT NOTICE (July 28th, 2015)

Motorcar Parts of America, Inc. (the “Company”), pursuant to its 2014 Non-Employee Director Incentive Award Plan, as amended from time to time (the “Plan”), hereby grants to the holder listed below (“Participant”), an award of restricted stock units (“RSUs”). Each Restricted Stock Unit represents the right to receive one Share upon vesting of such Restricted Stock Unit. This award of RSUs is subject to all of the terms and conditions set forth herein and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “Restricted Stock Unit Award Agreement”) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Restricted Stock Unit Award Agreement.

Motorcar Parts America Inc – CONTACT: Gary S. Maier (June 15th, 2015)