First Amendment Agreement (December 10th, 2013)
This First Amendment Agreement (this Amendment) is entered into this ninth day of December, 2013, by and between (i) SILICON VALLEY BANK, a California corporation (Bank), and (ii) LYRIS, INC., a Delaware corporation with a principal place of business located at 6401 Hollis Street, Suite 125, Emeryville, California 94608 (Lyris), LYRIS TECHNOLOGIES, INC., a Delaware corporation (Technologies) and COMMODORE RESOURCES (NEVADA), INC., a Nevada corporation (Commodore, and together with Lyris and Technologies, individually and collectively, jointly and severally, the Borrower).
October 7, 2013 John Philpin 919 Alturas Way Mill Valley, CA 94941 Dear John, (October 10th, 2013)
Congratulations! I am pleased to extend to you a promotion to President and Chief Executive Officer of Lyris, Inc. Your promotion date is October 7, 2013 and you will be working in our Emeryville office.
March 8, 2013 (March 12th, 2013)
This letter confirms the agreement (Agreement) between you and Lyris, Inc. (the Company) concerning the terms of your transition and separation from employment and offers you certain benefits in exchange for a general release of claims and covenant not to sue upon termination of your employment, as provided in further detail below. If you agree to abide by the terms outlined in this letter, please sign and return this letter to me no later than March 8, 2013.
March 8, 2013 Roy Camblin 737 Congo Street San Francisco, CA 94131 Dear Roy, (March 12th, 2013)
Congratulations! I am pleased to extend to you an offer of employment as Chief Executive Officer of Lyris, Inc. (Lyris or the Company). Your employment commencement date is March 11, 2013 and you will be working in our Emeryville office.
Ninth Amendment to Amended and Restated Loan and Security Agreement (April 24th, 2012)
This Ninth Amendment to Amended and Restated Loan and Security Agreement (this Amendment) is entered into as of April 18, 2012, by and between COMERICA BANK (Bank) and LYRIS, INC., LYRIS TECHNOLOGIES INC. and COMMODORE RESOURCES (NEVADA), INC. (each a Borrower and collectively, Borrowers).