EX-10.1






AMENDMENT NUMBER ONE TO

REVOLVING CREDIT AGREEMENT




This AMENDMENT NUMBER ONE TO REVOLVING CREDIT AGREEMENT (this “Amendment”) is dated as
of February 26, 2016, and is entered into among IXYS CORPORATION (the “Borrower”), the financial
institutions party to the Credit Agreement (as defined below) from time to time as lenders
(collectively, the “Lenders”), BANK OF THE WEST as Administrative Agent for Lenders (in such
capacity, “Agent”), and KEYBANK NATIONAL ASSOCIATION as Syndication Agent.



RECITALS




WHEREAS, Borrower, Lenders, and Agent are parties to that certain Revolving Credit
Agreement, dated as of November 20, 2015 (as amended, restated, extended, supplemented or otherwise
modified in writing from time to time, the “Credit Agreement”).



WHEREAS, Borrower has requested that Agent and the Required Lenders agree to amend clause (h)
of the definition of “Permitted Liens”.



WHEREAS, Agent and the Required Lenders have agreed to Borrower’s request pursuant to the
terms of this Amendment.



NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants
herein contained, the parties agree as follows:



1. DEFINITIONS. All terms which are defined in the Credit Agreement shall have the
same definition when used herein unless a different definition is ascribed to such term under this
Amendment, in which case, the definition contained herein shall govern.



2. AMENDMENT. Effective as of the date of this Amendment, the Credit Agreement is
amended in the following respects:




2.1 Amended Definition. Clause (h) of the definition of “Permitted Liens” set forth
in Section 1.1.63 of the Credit Agreement is deleted in its entirety and is replaced with the
following:



(h) liens and security interests on real estate in Lampertheim, Germany
owned by any Loan Party;



3. CONDITIONS PRECEDENT TO EFFECTIVENESS OF AMENDMENT. This Amendment shall be
effective on the date of completion of the following condition precedent:




3.1 Agent shall have received an executed counterpart to this Amendment from each of the
parties hereto.



4. REPRESENTATIONS AND WARRANTIES. Borrower hereby affirms to Agent and the Lenders
that all of Borrower’s representations and warranties set forth in the Credit Agreement are true
and correct in all material respects (or all respects if already qualified by materiality) as of
the date hereof (except for any representations and warranties that expressly relate to an earlier
date).



5. LIMITED EFFECT. Except for the specific amendment contained in this Amendment, the
Credit Agreement shall remain unchanged and in full force and effect.



6. GOVERNING LAW. This Amendment shall be governed by the laws of the State of New
York, without giving effect to any conflict of law principles (but giving effect to Federal laws
relating to national banks).



7. COUNTERPARTS. This Amendment may be executed in any number of counterparts and by
different parties on separate counterparts, each of which when so executed and delivered shall be
deemed to be an original. All such counterparts, taken together, shall constitute but one and the
same Amendment.



[Signatures are on the next page]




IN WITNESS WHEREOF, this Amendment has been executed and delivered as of the date set
forth above.




BORROWER:




IXYS CORPORATION




By: /s/ Uzi Sasson

Name: Uzi Sasson

Title: President & CEO




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AGENT:




BANK OF THE WEST,






as Agent (with the consent of the Required Lenders)



	 	 	 
	By: /s/ Sidney S. Jordan

	 

	Name:

Title:

	 	Sidney S. Jordan

Senior Vice President







	 	 	LENDER:






BANK OF THE WEST,


as a Lender



	 	 	 
	By: /s/ Terry Switz

	 

	Name:

	 	Terry Switz







	 	 	Title: Director




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LENDER:




KEYBANK NATIONAL ASSOCIATION,


as a Lender and Syndication Agent



	 	 	 
	By: /s/ Geoff Smith

	 

	Name:

	 	Geoff Smith







	 	 	Title: Senior Vice President




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LENDER:




MUFG UNION BANK, N.A.,


as a Lender



	 	 	 
	By: /s/ David Schlager

	 

	Name:

	 	David Schlager
	
 
	 	 
	Title:

	 	Director
	 

	 	 






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	 	 	LENDER:






COMERICA BANK,


as a Lender



	 	 	 
	By:

	 	/s/ Jeff Lee
	 

	 	 
	Name:

	 	Jeff Lee
	
 
	 	 
	Title:

	 	Vice President
	 

	 	 







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