Item 1.01 Entry into a Material Definitive Agreement. As previously reported on a Forms 8-K filed onOctober 31, 2018 andDecember 23, 2019 ,Fox Factory Holding Corp. (the "Company"), announced its plans to expand its manufacturing and operations capacity inHall County, Georgia . In furtherance of the foregoing, onJuly 24, 2019 , the Company, through its subsidiary,Fox Factory, Inc. (the "Owner"), entered into a Standard Form of Agreement Between Owner and Design-Builder (the "Agreement") withCarroll Daniel Construction Company (the "Design-Builder"), onDecember 23, 2019 , the Owner and the Design-Builder entered into Design-Build Amendment No. 1 to the Original Agreement (the "First Amendment"), and onDecember 21, 2020 , the Owner and the Design-Builder entered into Design-Build Amendment No. 2 to the Agreement, as amended (the "Second Amendment" and together with the Original Agreement and First Amendment, the "Design-Build Agreement"). Pursuant to the Design-Build Agreement, the Design-Builder will provide design and construction services related to an approximately 350,000 square foot facility located at theGainesville Industrial Park West inGainesville, Georgia . The Second Amendment includes a schedule that sets forth interim milestones, durations and material dates in relation to the performance and timing of the Design-Builder's work. The Design-Build Agreement includes remedies for the Company in the event the Design-Builder does not meet the agreed milestone dates. The Design-Build Agreement is subject to customary undertakings, covenants, obligations, rights and conditions. Pursuant to and in accordance with the terms of the Second Amendment, the Owner shall pay the stipulated sum of approximately$47.2 million for the Design-Builder's performance of the Design-Build Agreement, including additional costs associated with the design and construction of the facility contemplated by the Second Amendment of approximately$10.7 million . The foregoing description of the material terms of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are furnished herewith: Exhibit Number Description Amendment No. 2 to the Standard Form of Agreement between Owner and 10.1 Design-Builder, datedJuly 24, 2019 (the "Standard Form of Agreement"), by and betweenFox Factory, Inc. andCarroll Daniel Construction Company , datedDecember 21, 2020 . Cover Page Interactive Data File (embedded with the Inline XBRL 104 document)
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