On December 30, 2015, Vishay Precision Group, Inc. entered into the Second Amended and Restated Credit Agreement (the Credit Agreement") among the company, Vishay Precision Group Canada ULC (VPG Canada, and together with the company, each a Borrower and collectively, the Borrowers), the financial institutions party thereto, as lenders, and JPMorgan Chase Bank, National Association as agent for such lenders, pursuant to which the terms of the Borrowers' multi-currency, secured credit facility were revised and expanded to provide for the following facilities - a secured revolving facility in an aggregate principal amount of $30.0 million, the proceeds of which may be used for working capital and general corporate purposes, with a sublimit of $10.0 million which can be used for letters of credit for the account of a Borrower or a domestic subsidiary of the company that has guaranteed the facility, and a portion of which may be used to fund the Stress-Tek Acquisition; a secured closing date term facility for the company, the proceeds of which are to be used by the company to refinance indebtedness under its existing term loan, in an aggregate principal amount of $4.5 million (the U.S. Closing Date Term Facility); a secured delayed draw term facility for the company, the proceeds of which are to be used by the company to fund a portion of the purchase price for the Stress-Tek Acquisition, in an aggregate principal amount of $11.0 million (the U.S. Delayed Draw Term Facility); and a secured term facility for VPG Canada, the proceeds of which are to be used by VPG Canada to refinance indebtedness under its existing term loan, and for working capital and general corporate purposes, in an aggregate principal amount of $9.5 million (the Canadian Term Facility). The aggregate principal amount of the Revolving Facility may be increased by a maximum of $15.0 million upon the request of the company, subject to the terms of the Credit Agreement. The Credit Agreement terminates on December 30, 2020.

The term loans will be repaid in quarterly installments. Interest payable on amounts borrowed under the Revolving Facility, the U.S. Closing Date Term Facility, the U.S. Delayed Draw Term Facility and the Canadian Term Facility (collectively, the Facilities') is based upon, at the company's option, the greatest of - agent's prime rate, the Federal Funds Rate, or a LIBOR floor (the Base Rate), or LIBOR plus a specified margin. An interest margin of 0.25% is added to Base Rate loans.

Depending upon the company's leverage ratio, an interest rate margin ranging from 2.00% to 3.50% per annum is added to the applicable LIBOR rate to determine the interest payable on the Facility. The company is required to pay a quarterly fee of 0.30% per annum to 0.50% per annum on the unused portion of the Revolving Facility which is determined based on the company's leverage ratio each quarter. Additional customary fees apply with respect to letters of credit.