Exhibit 10.1
[***] Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10). Such excluded information is not material and would likely cause competitive harm to the registrant if publicly disclosed.
FIRST AMENDMENT TO
AMENDED AND RESTATED INVENTORY FINANCING AND SECURITY AGREEMENT
I. THE PARTIES TO THIS AGREEMENT
This First Amendment to Amended and Restated Inventory Financing and Security Agreement (“Amendment”) is effective as of August 1, 2023, and is made by and among the following parties:
II. THE RECITALS
The essential facts relied on by Bank, Ally, Dealership and Vroom as true and complete, and giving rise to this Amendment, are as follows:
III. THE AGREEMENT
In consideration of the premises and the mutual promises in this Amendment, which are acknowledged to be sufficient, Bank, Ally, Dealership and Vroom agree to the following:
First Amendment to A&R IFSA 1
Exhibit 10.1
First Amendment to A&R IFSA 2
Exhibit 10.1
Agreed to as of August 1, 2023.
Ally Bank
By: /s/ Greg Walters
Name: Greg Walters
Title: Authorized Representative
Date: 8/7/2023
| Vroom Automotive, LLC
By: /s/ Robert R. Krakowiak
Name: Robert R. Krakowiak
Title: Chief Financial Officer
Date: 8/7/2023
|
Ally Financial Inc.
By: /s/ Greg Walters
Name: Greg Walters
Title: Authorized Representative
Date: 8/7/2023 | Vroom, Inc.
By: /s/ Robert R. Krakowiak
Name: Robert R. Krakowiak
Title: Chief Financial Officer
Date: 8/7/2023 |
First Amendment to A&R IFSA 3