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2.2AmendmenttoSection8.25oftheCreditAgreement.Section8.25oftheCreditAgreementisherebyamendedbydeletingsuch
Sectioninitsentiretyandreplacingitwiththefollowing:
“FiscalUnity.NoDutchCreditPartyisamemberofafiscalunity(fiscaleenheid)otherthan(a)afiscalunityamongtheDutchCreditPartiesonly
or(b)solongastheTaxSharingAgreementremainsinfullforceandeffect,afiscalunityamongtheDutchCreditPartiesandotherDutchAffiliatesofTeslaB.V.
fromtimetotimepartytosuchTaxSharingAgreement,TeslaMotorsNetherlandsCoöperatiefU.A.,andtheNewB.V.”
2.3AmendmentstoSection10.08oftheCreditAgreement.Section10.08oftheCreditAgreementisherebyamendedbydeleting“or”at
theendofclause(b)thereof,deletingthe“.”attheendofclause(c)thereofandinserting“;or”inlieuthereofandinsertingthefollowingnewclause(d)after
clause(c)thereof:
“amend,modify,changeorwaiveanytermorprovisionoftheTaxSharingAgreementinamannerwhichisadversetotheinterestsoftheLendersin
anymaterialrespect(asreasonablydeterminedbytheCompanyinconsultationwiththeAdministrativeAgent).”
2.4AmendmenttoSection10.13oftheCreditAgreement.Section10.13oftheCreditAgreementisherebyamendedbydeletingsuch
Sectioninitsentiretyandreplacingitwiththefollowing:
“FiscalUnity.NoDutchCreditPartyshallcreateorbecomeamemberofafiscalunity(fiscaleenheid)otherthan(a)afiscalunityamongtheDutch
CreditPartiesonlyor(b)solongastheTaxSharingAgreementremainsinfullforceandeffect,afiscalunityamongtheDutchCreditPartiesandotherDutch
AffiliatesofTeslaB.V.fromtimetotimepartytosuchTaxSharingAgreement,TeslaMotorsNetherlandsCoöperatiefU.A.andtheNewB.V.
Section3.TaxSharingAgreement.TheformofTaxSharingAgreementreferencedintheCreditAgreement(asamendedbythisAgreement)has
beenprovidedtotheAdministrativeAgent.
Section4.Conditions.ThisAgreementshallbecomeeffectiveonthedateonwhichthefollowingconditionsprecedenthavebeensatisfiedorwaived(thedateon
whichsuchconditionsshallhavebeensosatisfiedorwaived,the“AmendmentEffectiveDate”):
(a)TheAdministrativeAgentshallhavereceivedacounterpartofthisAgreement,executedanddeliveredbytheCreditParties,theAdministrative
AgentandtheRequiredLenders.
(b)AllfeesrequiredtobepaidtotheAdministrativeAgentandtheLendersinconnectionherewith,accruedreasonableanddocumentedout-of-pocket
costsandexpenses(including,totheextentinvoicedinadvance,reasonablelegalfeesandout-of-pocketexpensesofcounsel)andothercompensationdueand
payabletotheAdministrativeAgentandtheLendersonorpriortotheAmendmentEffectiveDateshallhavebeenpaid.
(c)EachoftherepresentationsandwarrantiesmadebytheCreditPartiesinorpursuanttotheCreditAgreementorinorpursuanttotheotherCredit
Documentsshallbetrueandcorrectinallmaterialrespects(exceptthatanyrepresentationandwarrantythatisqualifiedorsubjectto“MaterialAdverseEffect”
shallbetrueandcorrectinallrespects)onandasoftheAmendmentEffectiveDateasifmadeonandasofsuchdateexceptforsuchrepresentationsand
warrantiesexpresslystatedtobemadeasofanearlierdate(inwhichcasesuchrepresentationsandwarrantiesshallbetrueandcorrectinallmaterialrespectsasof
suchearlierdate).
(d)NoDefaultorEventofDefaultshallexistontheAmendmentEffectiveDate.
(e)TheAdministrativeAgentshallhavereceivedanofficer’scertificatefromanAuthorizedOfficeroftheCompanyanddatedasoftheAmendment
EffectiveDate,certifyingthateachconditionsetforthinSections4(c)and(d)hereofhavebeensatisfiedonandasoftheAmendmentEffectiveDate.
Section5.RepresentationsandWarranties,etc.TheBorrowersherebyconfirm,reaffirmandrestatethateachoftherepresentationsandwarranties
madebyanyCreditPartyintheCreditDocumentsistrueandcorrectinallmaterialrespectsonandasoftheAmendmentEffectiveDate(itbeingunderstoodand
agreedthat(x)any