0001157523-14-001011 Sample Contracts

AMENDMENT 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 7th, 2014 • Advanced Photonix Inc • Semiconductors & related devices

THIS SECOND AMENDMENT to Employment Agreement (this “Amendment”) is entered into as of March 6, 2014, by and between ADVANCED PHOTONIX, INC., a Delaware corporation (the “Company”), and STEVE WILLIAMSON (“Employee”).

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FIFTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER (EX-IM LOAN FACILITY)
Loan and Security Agreement • March 7th, 2014 • Advanced Photonix Inc • Semiconductors & related devices

THIS FIFTH AMENDMENT to Loan and Security Agreement and Waiver (this “Amendment”) is entered into as of March __, 2014, by and between Silicon Valley Bank (“Bank”) and ADVANCED PHOTONIX, INC., PICOMETRIX, LLC and ADVANCED PHOTONIX CANADA, INC. (individually, a “Borrower” and, collectively, the “Borrowers”).

Sample 1
SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT AND WAIVER
Loan and Security Agreement • March 7th, 2014 • Advanced Photonix Inc • Semiconductors & related devices

THIS SIXTH AMENDMENT to Loan and Security Agreement and Waiver (this “Amendment”) is entered into as of March __, 2014, by and between Silicon Valley Bank (“Bank”) and ADVANCED PHOTONIX, INC., PICOMETRIX, LLC and ADVANCED PHOTONIX CANADA, INC. (individually, a “Borrower” and, collectively, the “Borrowers”).

Sample 1
WAIVER AND MODIFICATION TO LOAN AND SECURITY AGREEMENT
Waiver and Modification to Loan and Security Agreement • March 7th, 2014 • Advanced Photonix Inc • Semiconductors & related devices

This Waiver and Modification to Loan and Security Agreement (“Modification”) is executed on March __, 2014 but effective as of February 28, 2014 (the “Modification Effective Date”), by and among Partners for Growth III, L.P., a Delaware limited partnership corporation (“PFG”) with its principal place of business at 150 Pacific Avenue, San Francisco, California 94111, and each of Advanced Photonix, Inc., a Delaware corporation (“API”) and Picometrix, LLC, a Delaware limited liability company (“Picometrix”), each with its principal place of business at 2925 Boardwalk, Ann Arbor, MI 48104 (individually and collectively, jointly and severally, “Borrower”).

Sample 1