Document:

EX-10.1

 Exhibit 10.1 

AMENDED EXECUTIVE EMPLOYMENT AGREEMENT  
  

					
	PARTIES:	  	Cascade Microtech, Inc.	  	(“CMI,” “us” or “we”)
		  	9100 S.W. Gemini Drive	  	
		  	Beaverton, Oregon 97008	  	
			
		  	And	  	
			
		  	Michael D. Burger	  	(“Mr. Burger,” “you” or “your”)
		  	2510 Wembley Park Road	  	
		  	Lake Oswego, Oregon 97034	  	
			
	DATE:	  	July 6, 2013	  	(“Effective Date”)

 RECITALS 

A. CMI wishes to continue to employ Mr. Burger, and Mr. Burger wishes to continue to be employed by CMI, in the position of
President and Chief Executive Officer; and 
 B. CMI and Mr. Burger entered into an Executive Employment Agreement dated effective
July 6, 2010, and amended by Amendment No. 1 to Executive Employment Agreement dated effective August 9, 2012, and now desire to further amend and restate such agreement effective as of the date set forth above to read in its entirety
as set forth in this Amended Executive Employment Agreement (this “Agreement”); and 
 C. The parties desire their relationship to
be governed by this “Agreement”. 
 AGREEMENT 

NOW, THEREFORE, for valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 

ARTICLE 1. 

EMPLOYMENT, DUTIES AND TERM  

1.1 Employment. As of the Effective Date, Mr. Burger is employed in the position of President and Chief Executive Officer
of CMI reporting to the CMI Board of Directors (the “Board”). 
 1.2 Duties. Mr. Burger shall continue to
devote his full-time and best efforts to CMI and to fulfilling the duties of his position, which duties may from time to time be assigned him by the Board. Such duties shall include, without limitation, contributing to the development and execution
of corporate strategy and providing leadership in furthering CMI’s growth and financial success. 
 A Mr. Burger
agrees to abide by all By-laws, policies, practices, procedures or rules of CMI to the extent they are not inconsistent with this Agreement, in which case the provisions of this Agreement prevail. 

B Mr. Burger shall not divert for his own or another’s advantage any business opportunities meeting the following
criteria: (a) the opportunity may benefit CMI; (b) Mr. Burger learns of the opportunity during his employment with CMI; and, (c) Mr. Burger learns of the opportunity in connection with his work for CMI. All material facts regarding
such opportunities must be promptly reported to the Board for consideration by CMI. This provision is in addition to common law protections available to CMI regarding corporate opportunities. 

1.3 Term. Unless earlier terminated as provided in this Agreement, the term of this Agreement (the “Term”) shall begin
on the Effective Date and shall extend until the first anniversary of the Effective Date (the “Termination Date”), and shall then be renewed automatically for succeeding terms of one year following the Termination Date (in which case the
Termination Date shall be extended one year on each renewal), unless Mr. Burger or the Company gives written notice to the other at least ninety (90) days prior to the applicable 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 
Termination Date of his or its intention not to renew, unless terminated earlier pursuant to the terms of this Agreement; provided, however, in the event a Change of Control, as defined in this
Agreement, occurs during the then-current Term, then, unless earlier terminated as provided in this Agreement, the Term shall extend until the first anniversary of the Change of Control. 

1.4 Cooperation. Mr. Burger agrees that both during his employment with CMI and after his employment ends he shall, at the
request of CMI, render all reasonable assistance and perform all lawful acts that CMI reasonably considers necessary or advisable in connection with any litigation involving CMI or any director, officer, employee, shareholder, agent, representative,
consultant, client or vendor of CMI; provided, however, that if such assistance or performance occurs after his employment with CMI has ended, Mr. Burger shall be compensated for his time at an hourly rate commensurate with his Base Salary pay
rate on the date his CMI employment ended and all reasonable efforts will be made to accommodate Mr. Burger’s schedule. 

ARTICLE 2. 

COMPENSATION  

2.1 Base Salary. For all services rendered under this Agreement, CMI shall pay Mr. Burger a base salary of $424,010
annually, payable in accordance with CMI’s usual payroll practices (“Base Salary”). Base Salary shall be payable on a salary basis under state and federal wage and hour laws, and to the extent consistent with payment on a salary
basis, no Base Salary shall be paid during periods in which Mr. Burger does not provide services, except in the event vacation, sick leave or other paid time off is available for that period. Mr. Burger’s Base Salary shall be reviewed
annually. If Mr. Burger’s Base Salary is increased from time to time, the increased amount shall be the Base Salary for the remainder of the Term. Mr. Burger’s Base Salary may be reduced as part of, and as consistent in all
material respects with, a group reduction applicable generally to the senior executives of CMI. 
 2.2 Incentive Plan.
Mr. Burger shall be eligible to participate in the incentive plan applicable to CMI’s senior executives (the “Incentive Plan”). The Incentive Plan provides the opportunity to receive pay in addition to the Base Salary. The amount
of incentive awarded (the “Incentive Award”), if any, will be approved by the Board, after determination and approval by the Management Development and Compensation Committee of the Board (“MDCC”), in its good faith discretion
based upon measures related to CMI’s and Mr. Burger’s performance (the “Incentive Metrics”). The target incentive (“Target Incentive”) for Mr. Burger under the Incentive Plan for 2013 is 95% of
Mr. Burger’s Base Salary. Except as otherwise provided in Article 3 of this Agreement, in order to be eligible to receive payment of an Incentive Award, Mr. Burger must be employed on the date the MDCC determines the extent to
which the Incentive Metrics are achieved and the actual amount of Mr. Burger’s Incentive Award (the “Incentive Determination Date”). The Incentive Award will be paid within 2-1/2 months after the applicable Incentive
Determination Date. 
 2.3 Benefit Plans. Mr. Burger shall be entitled to participate in any and all employee benefit
plans established by CMI from time to time for the benefit of all employees of CMI. Mr. Burger shall be required to comply with the conditions attendant to coverage by such plans and shall comply with and be entitled to benefits only in
accordance with the terms and conditions of such plans as they may be amended from time to time. CMI’s employee benefits currently include a 401(k) plan, long-term disability insurance, life insurance, and health insurance.  

2.4 Business Expenses. CMI shall, in accordance with, and to the extent of, its policies in effect from time to time, reimburse
all ordinary and necessary business expenses reasonably incurred by Mr. Burger, including travel and travel-related expenses, necessary business entertainment, cell phone, Internet access and long distance telephone, in performing his duties as
an employee of CMI, provided that Mr. Burger accounts promptly for such expenses to CMI in the manner prescribed by CMI. 
 2.5
Paid Time Off. Mr. Burger shall be entitled to Paid Time Off (“PTO”) under the terms and conditions of CMI’s PTO policy. PTO is not paid out upon termination. 

2.6 External Board Participation. CMI has consented to your continuing membership on the Board of Directors of Viasystems Group,
Inc. This consent is based upon the understanding that this activity does not: (i) violate any CMI policies; (ii) violate any duties you owe to CMI, and does not (iii) interfere with your duties under this Agreement or otherwise
create a distraction with respect to your work for CMI. Mr. Burger shall update the Board periodically with respect to this activity. The Board may, in its discretion, require Mr. Burger to discontinue this outside Board activity;
provided, however, in the event the request is based on 2.6(iii) above, the Board shall provide Mr. Burger with six months’ prior notice that he must discontinue his outside Board activity. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 ARTICLE 3. 

TERMINATION  

3.1 General. This Article 3 governs termination of this Agreement and termination of Mr. Burger’s employment with CMI.
At all times herein, Mr. Burger’s employment is at-will meaning that CMI or Mr. Burger can terminate this Agreement and the employment relationship at any time for any reason, subject to any obligation to pay severance or give notice
as may be provided below. Termination of this Agreement shall occur by written notice by the terminating party to the other party specifying the provision of this Agreement pursuant to which the termination is effective. 

A Release of Claims. No provision of this Agreement that requires CMI to pay Mr. Burger severance, vesting acceleration, or
any other compensation or benefit associated with the termination of Mr. Burger’s employment (except accrued Base Salary and as required by law), shall be effective unless Mr. Burger shall have executed (and not revoked) a release of
claims in a form satisfactory to CMI prior to the 60th day following the effective date of the termination of Mr. Burger’s employment (the “Release of Claims Requirement”). 

B Method of Payment; Internal Revenue Code Section 409A. In the event CMI is obligated to pay Mr. Burger severance after
termination, payment shall be made in a lump sum within five (5) days after the 60th day following termination, provided the Release of Claims Requirement has been satisfied. Notwithstanding such 5-day period, to the extent required by
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and the Treasury Regulations issued thereunder (“Section 409A”), payment of severance benefits to Mr. Burger under any provision of this
Agreement will be paid upon the first pay date after the expiration of six months following the date of termination of Mr. Burger’s employment with CMI, or, if earlier, upon Mr. Burger’s death. 

C Benefits. Except as expressly stated in this Article 3, upon termination of employment Mr. Burger shall be entitled to
Mr. Burger’s rights under CMI’s benefit plans, including without limitation any 401(k) plan, as such plans, by their provisions, apply upon Mr. Burger’s termination. 

3.2 Termination for Cause by CMI, or Mr. Burger’s Resignation. CMI may terminate this Agreement and
Mr. Burger’s employment immediately for “Cause” as that term is defined herein, upon written notice to Mr. Burger. Mr. Burger may terminate this Agreement and his employment (i.e., resign) upon four (4) weeks’
written notice. “Cause” means the Board’s determination that Mr. Burger has engaged in any one or more of the following: (a) willful failure to comply with the lawful instructions of the Board; (b) gross negligence or
willful misconduct in the performance of duties to CMI; (c) commission of any act of fraud against CMI or the misappropriation of material CMI property; (d) acts or omissions of Mr. Burger constituting a felony or other crime that is,
or may be, materially injurious to the business or reputation of CMI; and (e) Mr. Burger’s failure to perform satisfactorily the duties of his position after written notice from the Board and 30 days’ opportunity to cure, no cure
having been made. 
 A Payment Upon Termination For Cause; Resignation. Upon termination for Cause or Mr. Burger’s
resignation, Mr. Burger shall be entitled to his accrued, but unpaid, Base Salary through the date of termination. 

B Exclusive Compensation. Except as expressly stated in this Section 3.2 and as required by law, Mr. Burger shall be
entitled to no other or further compensation or benefits of any kind. 
 3.3 Termination Without Cause by CMI. CMI may
terminate this Agreement without Cause upon four (4) weeks’ written notice; provided, however, that CMI shall have the right to make termination effective immediately upon notice, in which case Mr. Burger shall be paid his Base Salary
for a four-week notice period. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 A Payment Upon Termination Without Cause by CMI. If CMI terminates this Agreement and
Mr. Burger’s employment without Cause, CMI shall pay Mr. Burger his accrued, but unpaid, Base Salary through the termination date. In addition, subject to the Release Of Claims Requirement, CMI shall also provide Mr. Burger with
the following: 
 (i) Severance Pay: Severance pay in the amount of the sum of: 

(a) twelve (12) months’ Base Salary, plus 

(b) in the event Mr. Burger’s termination date occurs after the end of an Incentive Plan measurement period but before the
applicable Incentive Determination Date, an amount equal to the Incentive Award Mr. Burger would have otherwise been entitled to receive had Mr. Burger remained employed through the Incentive Determination Date, plus 

(c) in the event Mr. Burger’s termination date occurs before the end of an Incentive Plan measurement period, an amount equal to
(A) a pro rata portion of the Target Incentive for such measurement period as determined by multiplying the Target Incentive applicable to such measurement period by a fraction, the numerator of which is the number of days Mr. Burger
was employed during such measurement period and the denominator of which is the total number of days in such measurement period, less (B) any amounts previously paid pursuant to the Incentive Plan with respect to an interim measurement period
included in such measurement period. 
 (ii) Life Insurance: Eighteen (18) months of paid-up life insurance after the date of
termination, coverage amount to be at least twice the annual Base Pay. However, in no event shall the total payment for the premiums exceed $5,000. 

(iii) Stock Options, Restricted Stock Grants (RSU) or other Stock Awards: The CMI stock options, restricted stock grants or other
stock awards subject to a vesting schedule (collectively referred to as “Equity Awards”) held by Mr. Burger that would have vested had Mr. Burger remained employed after the termination date for an additional period of thirty-six
(36) months shall accelerate and become immediately vested and exercisable, issuable, or payable. 
 (iv) Career Counseling:
CMI shall pay up to $12,500 to a third-party outplacement firm selected by Mr. Burger to provide career counseling assistance to Mr. Burger for a period of one year following the date of termination or until Mr. Burger obtains
comparable employment, if earlier. 
 (v) Group Health Coverage: If Mr. Burger and his spouse and eligible children are
entitled to, and timely (and properly) elect to, continue their coverage (or the coverage of any one of them) under CMI’s group health plans pursuant to COBRA, CMI shall pay the premiums for such COBRA continuation coverage for a period of
eighteen (18) months following the last day of the month containing Mr. Burger’s date of termination or until Mr. Burger is no longer entitled to COBRA continuation coverage under CMI’s group health plans, whichever period
is shorter; provided, however, that notwithstanding the foregoing or any other provision in this Agreement to the contrary, CMI may unilaterally amend this Section 3.3(A)(v) or eliminate the benefit provided hereunder to the extent it deems
necessary to avoid the imposition of excise taxes, penalties or similar charges on CMI or any of its subsidiaries or affiliates, including, without limitation, under Section 4980D of the Code 

B Exclusive Compensation. Except as expressly stated in this Section 3.3 and as required by law, Mr. Burger shall be
entitled to no other or further compensation or benefits of any kind. 
 3.4 Termination in the Event of Death or Disability.
This Agreement shall terminate immediately in the event of Mr. Burger’s death and may be terminated by the Board in the event of Disability. 

A Death or Disability Termination Payment. In the event of Mr. Burger’s death or termination due to Disability, as
defined below, Mr. Burger shall be entitled to his accrued but unpaid Base Salary through the termination date. 

B “Disability” shall mean, as reasonably determined in the Board’s discretion, after consultation with a
physician selected by the Board, the inability of Mr. Burger to perform, with reasonable accommodation if necessary, any essential function of his position because of physical or mental incapacity for a period of at least sixty (60) days
in the aggregate during any 12-month period. Mr. Burger shall cooperate in any physical examination and shall produce such medical records as may assist the Board in making a determination regarding Disability. 

C Exclusive Compensation. Except as expressly stated in this Section 3.4 and as required by law, Mr. Burger shall be
entitled to no other or further compensation or benefits of any kind. Amounts owed to Mr. Burger following Mr. Burger’s death, if any, shall be paid in accordance with state law. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 3.5 Termination For Good Reason. Mr. Burger may terminate his employment for
Good Reason, as defined below. 
 A Payment Upon Termination For Good Reason. In the event Mr. Burger terminates his
employment for Good Reason, CMI shall pay Mr. Burger his accrued, but unpaid, Base Salary through the termination date. In addition, subject to the Release Of Claims Requirement, CMI shall also provide Mr. Burger with the following: 

(i) Severance Pay: Severance pay in the amount of the sum of: 

(a) twelve (12) months’ Base Salary, plus 

(b) in the event Mr. Burger’s termination date occurs after the end of an Incentive Plan measurement period but before the
applicable Incentive Determination Date, an amount equal to the Incentive Award Mr. Burger would have otherwise been entitled to receive had Mr. Burger remained employed through the Incentive Determination Date, plus 

(c) in the event Mr. Burger’s termination date occurs before the end of an Incentive Plan measurement period, an amount equal to
(A) a pro rata portion of the Target Incentive for such measurement period as determined by multiplying the Target Incentive applicable to such measurement period by a fraction, the numerator of which is the number of days Mr. Burger
was employed during such measurement period and the denominator of which is the total number of days in such measurement period, less (B) any amounts previously paid pursuant to the Incentive Plan with respect to an interim measurement period
included in such measurement period. 
 (ii) Life Insurance: Eighteen (18) months of paid-up life insurance after the date of
termination, coverage amount to be at least twice the annual Base Pay. However, in no event shall the total payment for the premiums exceed $5,000 

(iii) Stock Options, Restricted Stock Grants or other Stock Awards: The Equity Awards held by Mr. Burger that would have vested
had Mr. Burger remained employed after the termination date for an additional period of thirty-six (36) months shall accelerate and become immediately vested exercisable, issuable, or payable. 

(iv) Career Counseling: CMI shall pay up to $12,500 to a third-party outplacement firm selected by Mr. Burger to provide career
counseling assistance to Mr. Burger for a period of one year following the date of termination or until Mr. Burger obtains comparable employment, if earlier. 

(v) Group Health Coverage: If Mr. Burger and his spouse and eligible children are entitled to, and timely (and properly) elect
to, continue their coverage (or the coverage of any one of them) under CMI’s group health plans pursuant to COBRA, CMI shall pay the premiums for such COBRA continuation coverage for a period of eighteen (18) months following the last day
of the month containing Mr. Burger’s date of termination or until Mr. Burger is no longer entitled to COBRA continuation coverage under CMI’s group health plans, whichever period is shorter; provided, however, that
notwithstanding the foregoing or any other provision in this Agreement to the contrary, CMI may unilaterally amend this Section 3.5(A)(v) or eliminate the benefit provided hereunder to the extent it deems necessary to avoid the imposition of
excise taxes, penalties or similar charges on CMI or any of its subsidiaries or affiliates, including, without limitation, under Section 4980D of the Code. 

B. “Good Reason” means any of the following occurring without Mr. Burger’s consent: 

(i) The assignment to Mr. Burger of duties materially inconsistent with the position of Chief Executive Officer; 

(ii) Requiring Mr. Burger to be based more than 50 miles from CMI’s location as of the Effective Date; 

(iii) A reduction in Mr. Burger’s Target Incentive opportunity below the rate of at least [95%] of Mr. Burger’s Base
Salary, or a reduction in Mr. Burger’s Base Salary, unless such reduction is part of and is consistent in all material respects with a group reduction applicable generally to the senior executives of CMI; or 

(iv) Failure of CMI to allow Mr. Burger to participate in all of CMI’s benefits plans for which he is eligible at coverage levels
at least as great as other CMI executives with the same or lesser levels of responsibility. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 Notwithstanding any provision in this Agreement to the contrary, Mr. Burger’s
termination of his employment will not be for Good Reason unless (A) Mr. Burger notifies CMI in writing of the existence of the condition that Mr. Burger believes constitutes Good Reason within 90 days of the initial existence of
such condition (which notice specifically identifies such condition), (B) CMI fails to remedy such condition within 30 days after the date on that it receives such notice (the “Remedial Period”), and (C) Mr. Burger actually
terminates his employment within 60 days after the expiration of the Remedial Period. If Mr. Burger terminates his employment before the expiration of the Remedial Period or after CMI remedies the condition, then Mr. Burger’s
termination will not be considered to be for Good Reason. 
 C Exclusive Compensation. Except as expressly stated in this
Section 3.5 and as required by law, Mr. Burger shall be entitled to no other or further compensation or benefits of any kind. 

3.6 Change in Control Termination. This section governs CMI’s termination of Mr. Burger’s employment without
Cause and within 12 (twelve) months after a Change in Control, as defined below. This section shall not apply in the case of Mr. Burger’s death, termination due to Disability, termination for Cause, or resignation. 

A Payment Upon Change in Control Termination. In the event of a Change in Control Termination, as defined below, CMI shall pay
Mr. Burger his accrued but unpaid Base Salary through the termination date. In addition, subject to the Release Of Claims Requirement, CMI shall also provide Mr. Burger with the following: 

(i) Severance Pay: Severance pay in the amount of the sum of: 

(a) twelve (12) months’ Base Salary, plus 

(b) in the event Mr. Burger’s termination date occurs after the end of an Incentive Plan measurement period but before the
applicable Incentive Determination Date, an amount equal to the Incentive Award Mr. Burger would have otherwise been entitled to receive had Mr. Burger remained employed through the Incentive Determination Date, plus 

(c) in the event Mr. Burger’s termination date occurs before the end of an Incentive Plan measurement period (which, for purposes
of this Section 3.6A(i)(c), shall be an annual measurement period, and not any interim period), (A) one hundred percent (100%) of the current Target Incentive, less (B) any amounts previously paid pursuant to the Incentive Plan
with respect to an interim measurement period included in such measurement period. 
 (ii) Stock Options and Restricted Stock Units
(RSU) or Other Stock Awards. All Equity Awards held by Mr. Burger as of the date of his termination from employment shall immediately accelerate and become fully vested and each stock option held by Mr. Burger as of the date of his
termination from employment shall remain exercisable until the earlier of twelve months following the date of his termination from employment and such stock option’s stated expiration date. 

(iii) Career Counseling: CMI shall pay up to $12,500 to a third-party outplacement firm selected by Mr. Burger to provide career
counseling assistance to Mr. Burger for a period of one year following the date of termination or until Mr. Burger obtains comparable employment, if earlier. 

(iv) Group Health Coverage: If Mr. Burger and his spouse and eligible children are entitled to, and timely (and properly) elect
to, continue their coverage (or the coverage of any one of them) under CMI’s group health plans pursuant to COBRA, CMI shall pay the premiums for such COBRA continuation coverage for a period of eighteen (18) months following the last day
of the month containing Mr. Burger’s date of termination or until Mr. Burger is no longer entitled to COBRA continuation coverage under CMI’s group health plans, whichever period is shorter; provided, however, that
notwithstanding the foregoing or any other provision in this Agreement to the contrary, CMI may unilaterally amend this Section 3.6(A)(v) or eliminate the benefit provided hereunder to the extent it deems necessary to avoid the imposition of
excise taxes, penalties or similar charges on CMI or any of its subsidiaries or affiliates, including, without limitation, under Section 4980D of the Code 

(v) Life Insurance: Eighteen (18) months of paid-up life insurance after the date of termination, coverage amount to be at least
twice the annual Base Pay. However, in no event shall the total payment for the premiums exceed $5,000. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 B “Change in Control” shall mean any of the following events: 

(i) the shareholders approve a plan of complete liquidation or dissolution of CMI; or 

(ii) the consummation of the sale or other disposition by CMI of all or substantially all CMI’s assets; or 

(iii) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) is or
becomes the “beneficial owner” (as defined in Rule 13d-3 or 13d-5 under said Act), directly or indirectly, of securities of CMI representing more than 50% of the total voting power represented by CMI’s then outstanding voting
securities; or 
 (iv) the date of the consummation of a merger or consolidation of CMI with any other entity that has been approved by the
shareholders of CMI, if the merger or consolidation would result in persons who were the direct or indirect owners of voting securities of CMI outstanding immediately prior to the consummation of such merger or consolidation becoming, immediately
after such consummation, the direct or indirect owners of voting securities representing less than fifty percent (50%) of the total voting power represented by the then-outstanding voting securities of the surviving corporation. A transaction
shall not constitute a Change of Control if its sole purpose is to change the state of CMI’s incorporation or to create a holding company that will be owned in substantially the same proportions by the persons who held CMI’s securities
immediately before such transaction. 
 C “Change in Control Termination” shall mean either one of the
following effective during the one-year period after a Change in Control: 
 (i) CMI’s termination of Mr. Burger’s
employment without Cause and not for death or Disability; or 
 (ii) Mr. Burger’s resignation for “Good Reason,” as
defined in Section 3.5(B) of this Agreement. 
 D. Exclusive Compensation. Except as expressly stated in this
Section 3.6 and as required by law, Mr. Burger shall be entitled to no other or further compensation or benefits of any kind. 

3.7 Entire Termination Payment. The compensation provided for in this Article 3 shall constitute Mr. Burger’s sole
remedy for termination or breach of this Agreement. In no event shall Mr. Burger receive severance pay, benefits continuation, vesting acceleration or any other compensation or consideration upon termination under more than one subsection of
this Agreement. 
 3.8 Clawback. If any of CMI’s financial statements are required to be restated resulting from errors,
omissions or fraud, the Board may (in its sole discretion, but acting in good faith) direct CMI to recover all or a portion of any incentive payment under Section 2.2 or any equity awards paid or settled under Section 2.3 if CMI’s
financial results are negatively affected by such restatement. The amount to be recovered from Mr. Burger shall be the amount by which the value of any award exceeded the amount that would have been payable to Mr. Burger had the financial
statements been initially filed as restated, or any greater or lesser amount (including, but not limited to, the entire award) that the Board shall determine. In no event shall the amount to be recovered by CMI be less than the amount required to be
paid as fines or in settlement of any lawsuits repaid or recovered as a matter of law. The Board shall determine whether CMI shall effect any such recovery (i) by seeking repayment from Mr. Burger, (ii) by reducing (subject to
applicable law and the terms and conditions of the applicable plan, program or arrangement) the amount that would otherwise be payable to Mr. Burger under any compensatory plan, program or arrangement maintained by CMI or any of its affiliates,
(iii) by withholding payment of future increases in compensation (including the payment of any discretionary bonus amount) or grants of compensatory awards that would otherwise have been made in accordance with CMI’s otherwise applicable
compensation practices, or (iv) by any combination of the foregoing. 
 3.9 Federal Excise Tax Under Section 4999 of the
Code. 
 A. Excess Parachute Payment. In the event that any payment or benefit received or to be received by
Mr. Burger (including, without limitation, the monetary value of any non-cash benefits and the accelerated vesting of equity awards) (collectively, the “Payments”) would subject him to any excise tax pursuant to Section 4999 of
the Code due to the characterization of any Payments as an “excess parachute payment” under Section 280G of the Code, such Payments will be reduced to the maximum amount allowable that avoids such characterization. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 B. Determination by Independent Accountants. No later than the date of the occurrence
of any event that might reasonably be anticipated to result in an “excess parachute payment” being made or provided to Mr. Burger as described in Section 3.9(A), CMI shall request a determination in writing by independent public
accountants selected by CMI (the “Accountants”). All computations and determinations called for by Sections 3.9(A) and 3.9(C) shall be made and reported in writing to CMI and Mr. Burger by the Accountants, and all such computations
and determinations shall be conclusive and binding on CMI and Mr. Burger. For the purposes of such computations and determinations, the Accountants may rely on reasonable, good faith interpretations concerning the application of Sections 280G
and 4999 of the Code. CMI and Mr. Burger shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make their required determinations. CMI will bear all fees and expenses the
Accountants may reasonably charge in connection with their services contemplated by this Section 3.9(B). 
 C. Reduction
Methodology. In the event that Section 3.9(A) applies and a reduction is required to be applied to the Payments thereunder, the Payments shall be reduced by the Company in a manner and order of priority that provides Mr. Burger with
the largest net after-tax value; provided that payments of equal after-tax present value shall be reduced in the reverse order of payment. Notwithstanding any provision in this Agreement to the contrary, any such reduction shall be structured in a
manner intended to comply with Section 409A. 
 3.10 Withholding. All compensation provided to Mr. Burger by CMI,
whether by way of Base Salary, bonus, severance or otherwise, shall be reduced by such amounts as are required to be withheld under all applicable laws. 

ARTICLE 4. 
 GENERAL
PROVISIONS  
 4.1 Board Approval. This Agreement is subject to the approval of the Board. 

4.2 Notices. All notices, requests and demands given to or made pursuant hereto shall, except as otherwise specified herein, be
in writing and be delivered or mailed to any such party at its address as set forth at the beginning of this Agreement. Either party may change its address, by notice to the other party given in the manner set forth in this section. Any notice, if
mailed properly addressed, postage prepaid, registered or certified mail, shall be deemed dispatched on the registered date or that stamped on the certified mail receipt, and shall be deemed received on the third business day thereafter or when it
is actually received, whichever is sooner. 
 4.3 Caption. The various headings or captions in this Agreement are for
convenience only and shall not affect the meaning or interpretation of this Agreement. 
 4.4 Governing Law. The validity,
construction and performance of this Agreement shall be governed by the laws of the state of Oregon, and adjudicated in the courts of Washington County, Oregon or the appropriate United States District Court in Oregon without regard to the conflicts
of law rules thereof. 
 4.5 Arbitration. Any dispute concerning the interpretation, construction, breach or enforcement of
this Agreement or arising in any way from Mr. Burger’s employment with CMI or the termination of Mr. Burger’s employment shall be submitted to mediation in accordance with the Mediation Procedure of the American Arbitration
Association. Should either party refuse to mediate after being requested to do so by the other party, such refusing party shall not be entitled to receive attorneys’ fees in any subsequent adjudicative proceeding, even if such party prevails in
such proceeding. Should the mediation efforts fail to result in a satisfactory resolution of the matters presented, then final and binding arbitration shall follow. Such arbitration is to be before a single arbitrator in Washington County, Oregon
and shall be conducted under the then-current rules of the American Arbitration Association applicable to employment disputes. The prevailing party, as determined by the Arbitrator, shall be entitled to recover its reasonable attorneys’ fees
and costs. The party not prevailing, as determined by the Arbitrator, shall pay the cost of the arbitration. Judgment on the award rendered may be entered in any court of competent jurisdiction. Except as provided in the Officer’s Invention and
Confidentiality Agreement, the procedures outlined in this subsection are the exclusive method of dispute resolution. 
 4.6
Construction. Wherever possible, each provision of this Agreement, including without limitation the arbitration provision, shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this
Agreement shall be prohibited by or invalid or unenforceable, under applicable law, such provision shall be modified or eliminated only to the extent of such prohibition, invalidity, or unenforceability without invalidating the remainder of such
provision or the remaining provisions of this Agreement, which shall remain in effect according to their terms. 

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger) 

 4.7 Waivers. No failure on the part of either party to exercise, and no delay in
exercising, any right or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy hereunder preclude any other or further exercise thereof or the exercise of any other right or remedy
granted hereby or by any related document or by law. 
 4.8 Assignment. This Agreement shall be binding upon and inure to the
benefit of CMI and its successors and assigns, and shall be binding upon Mr. Burger, his administrators, executors, legatees, and heirs. This Agreement, which is a personal services contract, shall not be assigned by Mr. Burger. 

4.9 Modification. This Agreement may not be and shall not be modified or amended except by a written instrument signed by the
parties hereto. 
 4.10 Entire Agreement. Except for the “Officer’s Invention and Confidentiality Agreement” to
be entered into by Mr. Burger which will remain in full force and effect, and the applicable stock option and restricted stock agreements referenced herein, this Agreement constitutes the entire agreement and understanding between the parties
hereto in reference to all the matters herein agreed upon. This Agreement replaces and supersedes all prior and contemporaneous employment agreements or understandings of the parties hereto including without limitation, the letter from
Mr. Carlson to Mr. Burger dated May 25, 2010, setting forth the terms of employment. The provisions of this Agreement shall not be construed for or against any party, as the parties are sophisticated and had the opportunity to
obtain legal counsel. 
 4.11 Section 409A. The parties intend that this Agreement and the payments and other benefits provided
hereunder be exempt from the requirements of Section 409A to the maximum extent possible, whether pursuant to the short-term deferral exception described in Treasury Regulation Section 1.409A-1(b)(4), the involuntary separation pay plan
exception described in Treasury Regulation Section 1.409A-1(b)(9)(iii), or otherwise. To the extent Section 409A is applicable to this Agreement and any such payments and benefits, the parties intend that this Agreement and such payments
and benefits comply with the deferral, payout and other limitations and restrictions imposed under Section 409A. Notwithstanding any other provision of this Agreement to the contrary, this Agreement shall be interpreted, operated and
administered in a manner consistent with such intentions. Without limiting the generality of the foregoing, and notwithstanding any other provision of this Agreement to the contrary, each payment made under this Agreement shall be treated as a
separate payment and the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments. 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered as of July 6, 2013. 

 

							
	MICHAEL D. BURGER	 		 		 	CASCADE MICROTECH, INC.
				
	  /s/ Michael D. Burger
	 		 		 	  /s/ F. Paul Carlson

		 		 		 	 F. Paul Carlson
 Chairman

				
	Date: July 6, 2013	 		 		 	Date: July 6, 2013
				
		 		 		 	  /s/ Jeff A. Killian

		 		 		 	Jeff A. Killian
		 		 		 	Vice President and Chief Financial Officer
				
		 		 		 	Date: July 6, 2013

  
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AMENDED EXECUTIVE EMPLOYMENT AGREEMENT (Michael D. Burger)EX-10.2

 Exhibit 10.2 
  

			
	

	  	Credit Agreement

 This agreement dated as of August 8, 2013 is between JPMorgan Chase Bank, N.A. (together with its successors and assigns,
the “Bank”), whose address is 888 SW 5th Ave., Portland, OR 97204, and Cascade Microtech, Inc. (the “Borrower”), whose address is 9100 SW Gemini Drive, Beaverton, OR 97008. 

 

	1.	Credit Facilities. 

  

	 	1.1	Scope. This agreement governs Facility A, and, unless otherwise agreed to in writing by the Bank and the Borrower or prohibited by any Legal Requirement (as hereafter defined), governs the Credit Facilities as
defined below. Advances under any Credit Facilities shall be subject to the procedures established from time to time by the Bank. Any procedures agreed to by the Bank with respect to obtaining advances, including automatic loan sweeps, shall not
vary the terms or conditions of this agreement or the other Related Documents regarding the Credit Facilities. 

  

	 	1.2	Facility A (Line of Credit). The Bank has approved a credit facility to the Borrower in the principal sum not to exceed $10,000,000.00 in the aggregate at any one time outstanding (“Facility A”).
At any time the Borrower is entitled to an advance under Facility A, the Bank agrees to make advances to the Borrower upon Borrower’s request in accordance with the provisions of the Line of Credit Note. Credit under Facility A shall be
repayable as set forth in a Line of Credit Note executed concurrently with this agreement, and any renewals, modifications, extensions, rearrangements, restatements thereof and replacements or substitutions therefor. 

Letter of Credit Sub-Limit. At any time the Borrower is entitled to an advance under Facility A, the Bank agrees to issue letters of
credit (all letters of credit issued for the account of the Borrower which are outstanding on the date of the Line of Credit Note and any letter of credit issued under this agreement, together with any and all amendments, modifications, renewals,
extensions, increases, restatements and rearrangements of and substitutions and replacements for, any of the foregoing, a “Letter of Credit” or “Letters of Credit”) for the account of the Borrower in an amount not
in excess of the maximum advance that it would then be entitled to obtain under Facility A, provided that (a) the aggregate maximum amount which is drawn and remains unreimbursed under all Letters of Credit plus the aggregate
maximum available amount which may be drawn under all Letters of Credit which are outstanding at any time (the “L/C Obligations”), shall not exceed $2,500,000.00, (b) the issuance of any Letter of Credit with an expiration date
beyond the maturity date of the Line of Credit Note shall be subject to the approval of the Bank, (c) any Letter of Credit shall be a standby or commercial letter of credit and the form of the requested Letter of Credit shall be satisfactory to
the Bank, and (d) the Borrower shall have executed an application and reimbursement agreement for any Letter of Credit in a form satisfactory to the Bank. While any Letter of Credit is outstanding, the maximum amount of advances that may be
outstanding under the Line of Credit Note shall be automatically reduced by the L/C Obligations. The Borrower shall pay the Bank a fee for each standby letter of credit that is issued, calculated at the rate of 2.25% per annum of the original
maximum amount available of such standby Letter of Credit, with the fee being calculated on the basis of a 360-day year and the actual number of days in the period during which the standby Letter of Credit will be outstanding; provided,
however, that such fee shall not be less than the Bank’s standard issuance fee for each Letter of Credit. The Borrower shall pay the Bank a fee for each commercial letter of credit that is issued, such fee to be agreed upon for each
letter of credit from time to time by the Bank and the Borrower, provided, however, that if an agreement is not reached, the Bank shall be under no obligation to issue any letter of credit hereunder. No credit shall be given for fees
paid due to early termination of any Letter of Credit. The Borrower shall also pay the Bank’s standard transaction fees with respect to any transactions occurring on account of any Letter of Credit. Each fee shall be payable when the related
letter of credit is issued, and transaction fees shall be payable upon completion of the transaction as to which they are charged. All fees may be debited by the Bank to any deposit account of the Borrower with the Bank without further authority
and, in any event, shall be paid by the Borrower within ten (10) days following billing. The Bank is authorized, but not obligated to make an advance under the Line of Credit Note without notice to the Borrower, to make payment on a drawing
under any Letter of Credit. References in this agreement to the principal amount outstanding under the Credit Facilities shall include L/C Obligations. 
  

	 	1.3	 Borrowing Base. The aggregate principal amount of advances outstanding at any one time under the Line of Credit Note (and any and all renewals,
modifications, extensions, rearrangements, restatements thereof and replacements or substitutions therefor) evidencing Facility A plus L/C Obligations (the “Aggregate Outstanding Amount”) shall not exceed the Borrowing Base or the
maximum principal amount then available under Facility A, whichever is less (the “Maximum Available Amount”). If at any time the Aggregate Outstanding Amount exceeds the Maximum Available Amount, the Borrower shall immediately pay
the Bank an amount equal to such excess. If the Aggregate 

  
 1 

	 	
Outstanding Amount still exceeds the Maximum Available Amount after the Line of Credit Note balance is reduced to zero (that is, L/C Obligations exceed the Maximum Available Amount), the Borrower
shall provide cash collateral to the Bank for the L/C Obligations in an amount sufficient to eliminate the excess. “Borrowing Base” means the aggregate of: 

A. 40% of the book value of all Accounts owned by the Borrower and its Subsidiaries; plus 

B. 20% of the book value of all Inventory owned by the Borrower and its Subsidiaries, not to exceed the aggregate of $3,000,000.00.

  

	2.	Definitions and Interpretations. 

  

	 	2.1	Definitions. As used in this agreement, the following terms have the following respective meanings: 

A. “Account” means a trade account, account receivable, other receivable, or other right to payment for goods sold or
leased or services rendered. 
 B. “Account Debtor” means the Person obligated on an Account. 

C. “Affiliate” means any Person which, directly or indirectly Controls or is Controlled by or under common Control
with, another Person, and any director or officer thereof. The Bank is under no circumstances to be deemed an Affiliate of the Borrower or any of its Subsidiaries. 

D. “Ancillary Liabilities” means all indebtedness, liabilities and obligations of the Borrower to the Bank, whether
the obligations, indebtedness and liabilities are individual, joint and several, contingent or otherwise, now or hereafter existing, including, without limitation, all liabilities, interest, costs and fees, that do not arise under or from this
agreement, the Notes, the Fee Letter, Letters of Credit, applications for letters of credit, or any reimbursement agreements, security agreements, mortgages, deeds of trust, pledge agreements, assignments, guaranties or other instrument or document
executed in connection with this agreement. 
 E. “Ancillary Documents” all loan agreements, credit agreements,
reimbursement agreements, security agreements, mortgages, deeds of trust, pledge agreements, assignments, guaranties, and any other instrument or document executed solely in connection with the Ancillary Liabilities. 

F. “Authorizing Documents” means certificates of authority to transact business, certificates of good standing,
borrowing resolutions, appointments, officer’s certificates, certificates of incumbency, and other documents which empower and authorize or evidence the power and authority of all Persons (other than the Bank) executing any Related Document or
their representatives to execute and deliver the Related Documents and perform the Person’s obligations thereunder. 
 G.
“Capital Expenditures” means any expenditure or the incurrence of any obligation or liability for any asset which is classified as a capital asset under GAAP. 

H. “Change of Control” means an event or series of events by which: 

(1) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial
owner” (as defined in Rules 13d-3.01 and 13d-5.01 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to
acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of thirty-five percent (35%) or more of the Equity Interests of the Borrower entitled
to vote for members of the board of directors or equivalent governing body of the Borrower on a fully-diluted basis (and taking into account all such securities that such “person” or “group” has the right to acquire pursuant to
any option right); or 
 (2) during any period of twelve (12) consecutive months, a majority of the members of
the board of directors or other equivalent governing body of the Borrower cease to be composed of individuals (a) who were members of that board or equivalent governing body on the first day of such period, (b) whose election or nomination
to that board or equivalent governing body was approved by individuals referred to in clause (a) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body

  
 2 

 
or (c) whose election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (a) and (b) above constituting at the time
of such election or nomination at least a majority of that board or equivalent governing body (excluding, in the case of both clause (b) and clause (c), any individual whose initial nomination for, or assumption of office as, a member of that
board or equivalent governing body occurs as a result of an actual or threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or
more directors by or on behalf of the board of directors). 
 I. “Collateral” means all Property, now or in the
future subject to any Lien in favor of the Bank, securing or intending to secure, any of the Credit Liabilities. 
 J.
“Control” as used with respect to any Person, means the power to direct or cause the direction of, the management and policies of that Person, directly or indirectly, whether through the ownership of Equity Interests, by
contract, or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 
 K. “Credit
Facilities” means all extensions of credit from the Bank to the Borrower, whether now existing or hereafter arising, including but not limited to those described in Section 1, if any, and those extended contemporaneously with this
agreement. 
 L. “Credit Document” means any Related Document other than an Ancillary Document. 

M. “Credit Liabilities” means any of the Liabilities other than the Ancillary Liabilities. 

N. “Distributions” means all dividends and other distributions made to any Equity Owners, other than salary, bonuses,
and other compensation for services expended in the current accounting period. 
 O. “Domestic Subsidiary” means any
Subsidiary of the Borrower that is organized under the laws of any political subdivision of the United States. 
 P. “Equity
Interests” means (1) in the case of a corporation, capital stock, (2) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of capital
stock, (3) in the case of a trust, beneficial interests therein, (4) in the case of a partnership, partnership interests (whether general or limited), (5) in the case of a limited liability company, membership interests and
(6) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, and any warrants, options or other rights entitling the holder
thereof to purchase or acquire any such equity interest. 
 Q. “Equity Owner” means a shareholder, partner, member,
holder of a beneficial interest in a trust or other owner of any Equity Interests. 
 R. “Event of Default” means the
occurrence of any of the following: 
 (1) the Borrower or any Guarantor fails to pay (a) when due any principal
amount payable hereunder or under the Line of Credit Note or any other Credit Document, (b) within three days after the same becomes due, any interest payable hereunder or under the Line of Credit Note or any other Credit Document and
(c) within five days after the same becomes due, any other amount payable hereunder or under the Line of Credit Note or any other Related Document; 

(2) any representation, warranty, certification or statement of fact made by the Borrower or any Guarantor hereunder or
under any other of the Credit Documents, or in any financial statement or other information delivered to the Bank in connection herewith or therewith shall prove to have been incorrect or misleading in any material respect when made; 

(3) the Borrower fails to observe or perform or otherwise violates any obligation, agreement or other provision
contained in the following sections of this agreement: 4.1, 4.2, 4.6, 4.14 or 5.2; 
 (4) the Borrower or any
Guarantor fails to observe or perform or otherwise violates any other term, covenant, condition or agreement of any of the Credit Documents (other than those referred to in subsections (1) through (3) above) and such failure continues for
30 days; 

  
 3 

 (5) the Borrower or any Guarantor fails to observe or perform or
otherwise violates any obligation, agreement or other provision contained in any agreement or instrument relating to any debt for borrowed money (other than the debt evidenced by the Credit Documents) having an aggregate principal amount of more
than $250,000 and the effect of such default will allow the creditor to declare such debt due before its stated maturity; 

(6) there occurs any Change of Control; 

(7) any Guarantor (a) terminates or revokes or purports to terminate or revoke its guaranty or any
Guarantor’s guaranty becomes unenforceable in whole or in part, or (b) fails to perform promptly under its guaranty; 

(8) the Borrower or any Guarantor fails to comply with, or perform under any agreement (other than a Related Document),
now or hereafter in effect, between the Borrower or such Guarantor, as applicable, and the Bank, or any Affiliate of the Bank or their respective successors and assigns, and such failure continues without waiver after the applicable grace or notice
period, if any, specified in the relevant agreement; 
 (9) there is any loss, theft, damage, or destruction of any
Collateral not covered by insurance having affair market value of more than $250,000; 
 (10) there occurs any event
that would permit the Pension Benefit Guaranty Corporation to terminate any employee benefit plan of the Borrower or any Guarantor; 

(11) the Borrower, any Guarantor or any of their respective Subsidiaries: (a) becomes insolvent or unable to pay
its debts as they become due; (b) makes an assignment for the benefit of creditors; (c) consents to the appointment of a custodian, receiver, or trustee for itself or for a substantial part of its Property; (d) commences any
proceeding under any bankruptcy, reorganization, liquidation, insolvency or similar laws; (e) conceals or removes any of its Property, with intent to hinder, delay or defraud any of its creditors; (f) makes or permits a transfer of any of
its Property, which may be fraudulent under any bankruptcy, fraudulent conveyance or similar law; or (g) makes a transfer of any of its Property to or for the benefit of a creditor at a time when other creditors similarly situated have not been
paid; 
 (12) a custodian, receiver, or trustee is appointed for (a) the Borrower, any Guarantor or any of their
respective Subsidiaries or (b) a substantial part of the Property of the Borrower and the Guarantors taken as a whole; 

(13) any attachment, seizure, sequestration, levy, or garnishment is issued against all or a substantial part of the
Property of the Borrower and the Guarantors taken as a whole and is not released, vacated or fully bonded within thirty (30) days after its issue or levy; 

(14) the Borrower, any Guarantor or any of their respective Subsidiaries, without the Bank’s written consent:
(a) leases, sells or otherwise conveys a material part of its assets or business outside the ordinary course of its business; (b) leases, purchases, or otherwise acquires a material part of the assets of any other Person, except
(i) in the ordinary course of its business or (ii) connection with any Permitted Acquisition; or (c) agrees to do any of the foregoing; 

(15) the Borrower, any Guarantor or any of their respective Subsidiaries, without the Bank’s written consent:
(a) liquidates or is dissolved; (b) merges or consolidates with any other Person; or (c) agrees to do any of the foregoing; provided, however, that (i) any Subsidiary may merge with (A) the Borrower,
provided that the Borrower shall be the continuing or surviving Person, or (B) any one or more other Subsidiaries, provided that when any Guarantor is merging with another Subsidiary, the Guarantor shall be the continuing or
surviving Person, and (ii) in connection with any Permitted Acquisition, any Subsidiary may merge or consolidate with any other Person; provided that (B) the Person surviving such merger shall be a wholly-owned Subsidiary of the
Borrower and (B) in the case of any such merger to which any Guarantor is a party, the Guarantor shall be the continuing or surviving Person; 

(16) proceedings are commenced under any bankruptcy, reorganization, liquidation, or similar laws against the Borrower,
any Guarantor or any of their respective Subsidiaries and remain undismissed for sixty (60) days after commencement; or the Borrower, any Guarantor or any of their respective Subsidiaries consents to the commencement of those proceedings; 

(17) any judgment is entered against the Borrower, any Guarantor or any of their respective Subsidiaries one or more
final judgments or orders for the payment of money in an aggregate amount of more than $250,000; or 

  
 4 

 (18) Any change occurs that has a Material Adverse Effect. 

S. “Fee Letter” means that certain letter agreement dated the date hereof by and between the Borrower and the Bank, as
the same may be amended or otherwise modified from time to time. 
 T. “Foreign Subsidiary” means any Subsidiary of
the Borrower that is not a Domestic Subsidiary. 
 U. “GAAP” means generally accepted accounting principles in
effect from time to time in the United States of America, consistently applied. 
 V. “Guarantor” means each Person who may
now or in the future guaranty the payment or performance of any of the indebtedness, liabilities and obligations the Borrower to the Bank arising under this agreement, the Notes, the Fee Letter, Letters of Credit, applications for letters of credit,
all reimbursement agreements, security agreements, mortgages, deeds of trust, pledge agreements, assignments, guaranties or other instrument or document executed in connection with this agreement or with any of the Credit Liabilities. 

W. “Inventory” means raw materials, work in process, finished goods, merchandise, parts and supplies, of every kind
and goods held for sale or lease or furnished under contracts of service and all documents of title, warehouse receipts, bills of lading, and all other documents of every type covering all or any part of the foregoing. 

X. “Intangible Assets” means the aggregate amount of: (1) all assets classified as intangible assets under GAAP,
including, without limitation, goodwill, trademarks, patents, copyrights, organization expenses, franchises, licenses, trade names, brand names, mailing lists, catalogs, excess of cost over book value of assets acquired, and bond discount and
underwriting expenses; and (2) loans or advances to, investments in, or receivables from (i) any Affiliate, officer, director, employee, Equity Owner or agent of the Borrower or (ii) any Person if such loan, advance, investment or
receivable is outside the Borrower’s ordinary course of business. 
 Y. “Legal Requirement” means any law,
ordinance, decree, requirement, order, judgment, rule, regulation (or interpretation of any of the foregoing) of any foreign governmental authority, the United States of America, any state thereof, any political subdivision of any of the foregoing
or any agency, department, commission, board, bureau, court or other tribunal having jurisdiction over the Bank, any Pledgor or any Obligor or any of its Subsidiaries or their respective Properties or any agreement by which any of them is bound.

 Z. “Liabilities” means all indebtedness, liabilities and obligations of every kind and character of the Borrower
to the Bank, whether the obligations, indebtedness and liabilities are individual, joint and several, contingent or otherwise, now or hereafter existing, including, without limitation, all liabilities, interest, costs and fees, arising under or from
any note, open account, overdraft, credit card, lease, Rate Management Transaction, letter of credit application, endorsement, surety agreement, guaranty, acceptance, foreign exchange contract or depository service contract, whether payable to the
Bank or to a third party and subsequently acquired by the Bank, any monetary obligations (including interest) incurred or accrued during the pendency of any bankruptcy, insolvency, receivership or other similar proceedings, regardless of whether
allowed or allowable in such proceeding, and all renewals, extensions, modifications, consolidations, rearrangements, restatements, replacements or substitutions of any of the foregoing. 

AA. “Lien” means any mortgage, deed of trust, pledge, charge, encumbrance, security interest, collateral assignment or
other lien or restriction of any kind. 
 BB. “Material Adverse Effect” means (1) a material adverse change in, or a
material adverse effect upon, the business, assets, properties, liabilities, operations, condition (financial or otherwise) of the Borrower or the Borrower and the Guarantors taken as a whole, (2) a material adverse effect upon the ability of
the Borrower or the Borrower and the Guarantors taken as a whole to perform its obligations under any Related Document, (3) a material adverse effect upon the rights and remedies of the Bank under any Credit Document or (4) a material
adverse effect upon the legality, validity, binding effect or enforceability against Person of any Credit Document to which it is a party. 

CC. “Notes” means all promissory notes, instruments and/or contracts now or hereafter evidencing the Credit
Facilities. 
 DD. “Obligor” means the Borrower, guarantor (including any Guarantor), surety, co-signer, endorser,
general partner or other Person who may now or in the future be obligated to pay any of the Credit Liabilities. 

  
 5 

 EE. “Organizational Documents” means, with respect to any Person,
certificates of existence or formation, documents establishing or governing the Person or evidencing or certifying that the Person is duly organized and validly existing in accordance with all applicable Legal Requirements, including all amendments,
restatements, supplements or modifications to such certificates and documents as of the date of the Related Document referring to the Organizational Document and any and all future modifications thereto approved by the Bank. 

FF. “Permitted Investments” means cash equivalents and other short-term marketable debt securities held by the
Borrower and its Subsidiaries consistent with the terms of the written investment policy of the Borrower as in effect as of the date hereof and as provided to and reasonably satisfactory to the Bank. 

GG. “Permitted Acquisition” means any acquisition, whether by purchase, merger or otherwise, of all or substantially
all of the assets of, or more than 50% of the voting Equity Interests of, or a business line or a division of, any Person; provided that: (1) the Persons, assets, business lines or divisions acquired shall not be in engaged in any
business activities substantially different from those in which the Borrower is presently engaged or such other lines of business as may be consented to by Bank; (2) no default, event of default or event that would constitute a default or event
of default but for the giving of notice, the lapse of time or both, has occurred in any provision of this agreement, the Notes or any other Related Documents and is continuing or would result from such acquisition; (3) as of the closing of any
acquisition, such acquisition shall have been approved by the board of directors or equivalent governing body of the Person to be acquired or from which such assets, business line or division is to be acquired; (4) not less than 15 Business
Days prior to the consummation of any acquisition for consideration (including assumed liabilities, earnout payments and any other deferred payment) in excess of $1,000,000, the Borrower shall have delivered to the Bank a written description of the
Person, assets, business line or division to be acquired and its operations; (5) the Borrower shall demonstrate to the reasonable satisfaction of the Bank that, after giving effect to such acquisition, the Borrower will be in pro forma
compliance with all of the terms and provisions of the financial covenants set forth in Sections 5.2L and 5.2N of this agreement; and (6) if such acquisition is structured as a merger, the Borrower (or if such merger is with any Subsidiary,
then such Subsidiary) shall be the surviving Person after giving effect to such merger. 
 HH. “Permitted Liens” means
(1) Liens arising by operation of law for taxes, assessments or governmental charges not yet due; (2) statutory Liens of mechanics, materialmen, shippers, warehousemen, carriers, and other similar persons for services or materials arising
in the ordinary course of business for which payment is not past due; (3) nonconsensual Liens incurred or deposits made in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other types of
social security; (4) Liens for taxes or statutory Liens of mechanics, materialmen, shippers, warehousemen, carriers and other similar persons for services or materials that are due but are being contested in good faith and by appropriate and
lawful proceedings promptly initiated and diligently conducted; (5) Liens existing as of as of the date of this agreement and listed on Exhibit A hereto; (6) Liens in favor of the Bank; (7) Liens on dedicated cash
collateral accounts to secure reimbursement obligations in respect of performance guaranties permitted by Section 5.2C of this agreement; (8) purchase money Liens upon or in any of the Borrower’s Property used by the Borrower in the
ordinary course of business and Liens to secure Capital Leases and any related payment and performance obligations if, in each case, the incurrence of such indebtedness is permitted by Section 5.2C of this agreement; provided,
however, that: (a) any such Lien is created solely for the purpose of securing indebtedness representing, or incurred to finance, refinance or refund, the cost of the Property subject thereto, (b) the principal amount of the
indebtedness secured by such Lien does not exceed such cost, and (c) such Lien does not extend to or cover any other Property other than such item of Property, any improvements on such item, and the proceeds from the disposition of such items;
(9) zoning restrictions, easements, rights of way, survey exceptions, encroachments, covenants, licenses, reservations, leasehold interests, restrictions on the use of real property or minor irregularities incident thereto which do not in the
aggregate materially detract from the value or use of the Borrower’s Property or impair, in any material manner, the use of such Property for the purposes for which such property is held by the Borrower; (10) the interests of lessors or
lessees of Property leased pursuant to leases permitted under this agreement; (11) Liens of a depository institution arising solely by virtue of any statutory or common law provision relating to banker’s liens, rights of setoff, or similar
rights and remedies as to deposit accounts or other funds maintained with such institution, provided that (a) such deposit account is not a dedicated cash collateral account and is not subject to restrictions against access by Borrower
in excess of those set forth by regulations promulgated by any government authority, and (b) such deposit account is not intended by Borrower to provide collateral to the depository institution; and (12) judgment Liens to the extent the
existence of such Liens does not constitute an Event of Default. 
 II. “Person” means any individual, corporation,
partnership, limited liability company, joint venture, joint stock association, association, bank, business trust, trust, unincorporated organization, any foreign governmental authority, the United States of America, any state of the United States
and any political subdivision of any of the foregoing or any other form of entity. 

  
 6 

 JJ. “Pledgor” means any Person providing Collateral. 

KK. “Property” means any interest in any kind of property or asset, whether real, personal or mixed, tangible or
intangible. 
 LL. “Rate Management Transaction” means any transaction (including an agreement with respect thereto)
that is a rate swap, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor
transaction, collar transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option, derivative transaction or any other similar transaction (including any option with respect to any of these
transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures. 

MM. “Related Documents” means this agreement, the Notes, the Fee Letter, Letters of Credit, applications for letters
of credit, all loan agreements, credit agreements, reimbursement agreements, security agreements, mortgages, deeds of trust, pledge agreements, assignments, guaranties, and any other instrument or document executed in connection with this agreement
or with any of the Liabilities. 
 NN. “Subsidiary” means, as to any particular Person (the “parent”), a
Person the accounts of which would be consolidated with those of the parent in the parent’s consolidated financial statements if such financial statements were prepared in accordance with GAAP as of the date of determination, as well as any
other Person of which fifty percent (50%) or more of the Equity Interests is at the time of determination directly or indirectly owned, Controlled or held, by the parent or by any Person or Persons Controlled by the parent, either alone or
together with the parent. 
 OO. “Tangible Net Worth” means total assets less the sum of Intangible Assets and total
liabilities. 
 PP. “Test Period” means each period of four consecutive fiscal quarters. 

 

	 	2.2	Interpretations. Whenever possible, each provision of the Related Documents shall be interpreted in such manner as to be effective and valid under applicable Legal Requirements. If any provision of this agreement
cannot be enforced, the remaining portions of this agreement shall continue in effect. In the event of any conflict or inconsistency between this agreement and the provisions of any other Related Documents, the provisions of this agreement shall
control. Use of the term “including” does not imply any limitation on (but may expand) the antecedent reference. Any reference to a particular document includes all modifications, supplements, replacements, renewals or extensions of that
document, but this rule of construction does not authorize amendment of any document without the Bank’s consent. Section headings are for convenience of reference only and do not affect the interpretation of this agreement. Except as otherwise
expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP. 

  

	3.	Conditions Precedent to Extensions of Credit. 

  

	 	3.1	Conditions Precedent to Initial Extension of Credit under each of the Credit Facilities. Before the first extension of credit governed by this agreement and any initial advance under any of the Credit Facilities,
whether by disbursement of a loan, issuance of a letter of credit, or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank: 

A. Loan Documents. The Notes, and as applicable, the letter of credit applications, reimbursement agreements, the security agreements,
the pledge agreements, financing statements, mortgages or deeds of trust, the guaranties, the subordination agreements, and any other documents which the Bank may reasonably require to give effect to the transactions described in this agreement or
the other Credit Documents; 
 B. Organizational and Authorizing Documents. The Organizational Documents and Authorizing Documents of
the Borrower and any other Persons (other than the Bank) executing the Credit Documents in form and substance satisfactory to the Bank that at a minimum: (i) document the due organization, valid existence and good standing of the Borrower and
every other Person (other than the Bank) that is a party to this agreement or any other Credit Document; (ii) evidence that each Person (other than the Bank) which is a party to this agreement or any other Credit Document has the power and
authority to enter into the transactions described therein; and (iii) evidence that the Person signing on behalf of each Person that is a party to the Credit Documents (other than the Bank) is duly authorized to do so; and 

  
 7 

 C. Liens. The termination, assignment or subordination, as determined by the Bank, of all
Liens on the Collateral other than Permitted Liens. 
  

	 	3.2	Conditions Precedent to Each Extension of Credit. Before any extension of credit governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit or otherwise, the following
conditions must be satisfied: 

 A. Representations. The representations of the Borrower and any other parties, other
than the Bank, in the Credit Documents are true on and as of the date of the request for and funding of the extension of credit; 
 B. No
Event of Default. No Event of Default or event that would constitute an Event of Default but for the giving of notice, the lapse of time or both, has occurred in any provision of this agreement, the Notes or any other Related Documents and is
continuing or would result from the extension of credit; 
 C. Additional Approvals, Opinions, and Documents. The Bank has received
any other approvals, opinions and documents as it may reasonably request; and 
 D. No Prohibition or Onerous Conditions. The making
of the extension of credit is not prohibited by and does not subject the Bank, any Obligor, or any Subsidiary of the Borrower to any penalty or onerous condition under, any Legal Requirement. 

 

	4.	Affirmative Covenants. The Borrower agrees to do, and cause each of its Subsidiaries to do, each of the following: 

  

	 	4.1	Insurance. Maintain insurance with financially sound and reputable insurers, with such insurance and insurers to be reasonably satisfactory to the Bank, covering its Property and business against those casualties
and contingencies and in the types and amounts as are in accordance with sound business and industry practices, and furnish to the Bank, upon request of the Bank, reports on each existing insurance policy showing such information as the Bank may
reasonably request. 

  

	 	4.2	Existence. Maintain its existence and business operations as presently in effect in accordance with all applicable Legal Requirements, except where the failure to do so could not reasonably be expected to have a
Material Adverse Effect. 

  

	 	4.3	Payment of Obligations. Pay its debts and obligations consistent with sound business and industry practices and pay on or before their due date, all taxes, assessments, fees and other governmental monetary
obligations, except as they may be contested in good faith if they have been properly reflected on its books. 

  

	 	4.4	Financial Records. Maintain proper books and records of account, in accordance with GAAP, and consistent with financial statements previously submitted to the Bank. 

 

	 	4.5	Inspection. Permit the Bank, its agents and designees to: (a) upon reasonable advance notice and during normal business hours, inspect and photograph its Property and to check and test the same as to
quality, quantity, value, and condition, to examine and copy files, books and records, and to discuss its business, operations, prospects, assets, affairs and financial condition with the Borrower’s or its Subsidiaries’ officers and
accountants, at times and intervals as the Bank reasonably determines; (b) perform audits or other inspections of the Collateral, including the records and documents related to the Collateral; (c) confirm with Account Debtors the accuracy
of such Accounts; and (d) confirm with any Person any obligations and liabilities of the Person to the Borrower or its Subsidiaries. The Borrower will, and will cause its Subsidiaries to cooperate with any inspection or audit. The Borrower will
pay the Bank the reasonable costs and expenses of any audit or inspection of the Collateral (including fees and expenses charged internally by the Bank for asset reviews) promptly after receiving the invoice, provided, however, in the
absence of an Event of Default, borrower shall not be obligated to reimburse Bank for more than one such audit or inspection in any 12-month period. 

  

	 	4.6	Financial Reports. Furnish to the Bank whatever information, statements, books and records the Bank may from time to time reasonably request, including at a minimum: 

A. Within forty-five (45) days after each quarterly period, the consolidated and consolidating financial statements of the
Borrower and its Subsidiaries prepared and presented in accordance with GAAP, including a balance sheet as of the end of that period, and income statement for that period, and, if requested at any time by the Bank, statements of cash flow (on a
consolidated basis) and retained earnings for that period, all certified by one of its authorized agents as fairly presenting the financial condition and results of operation of the Borrower and its Subsidiaries. 

  
 8 

 B. Within ninety (90) days after and as of the end of each of its fiscal years, the
consolidated financial statements of the Borrower and its Subsidiaries prepared and presented in accordance with GAAP, including a balance sheet and statements of income, cash flow and retained earnings, such financial statements to be audited by an
independent certified public accountant of recognized standing satisfactory to the Bank. 
 C. Within forty-five (45) days after
each quarterly period, a certificate executed by its chief financial officer, or other officer or an individual satisfactory to the Bank, certifying that, as of the date of the certificate, no default exists under any provision of this agreement or
the other Related Documents. 
 D. With each request for an advance under the Credit Facilities and with each request for the
issuance of a Letter of Credit, and within forty-five (45) days after each month that the Aggregate Outstanding Amount exceeded zero at any time during such month, the following lists, each certified as correct by one of its authorized agents:

 (1) a list of Accounts, aged from date of invoice, 

(2) a list of accounts payable, aged from date of receipt, and 

(3) a list of Inventory, valued at the standard cost (determined using the first-in, first-out method of inventory accounting). 

E. With each request for an advance under the Credit Facilities and with each request for the issuance of a Letter of Credit, and
within forty-five (45) days after each month that the Aggregate Outstanding Amount exceeded zero at any time during such month, a borrowing base certificate, in form and detail satisfactory to the Bank, along with such supporting documentation
as the Bank may request. 
  

	 	4.7	Notices of Claims, Litigation, Defaults, etc. Promptly inform the Bank in writing of: (1) all existing and all threatened litigation, claims, investigations, administrative proceedings and similar actions or
changes in Legal Requirements affecting it which could reasonably be expected to have a Material Adverse Effect; (2) the occurrence of any event which gives rise to the Bank’s option to terminate the Credit Facilities; (3) the
institution of steps by it to withdraw from, or the institution of any steps to terminate, any employee benefit plan as to which it may have material liability; (4) any reportable event or any prohibited transaction in connection with any
employee benefit plan; (5) any additions to or changes in the locations of its businesses; and (6) any alleged breach by the Bank of any provision of this agreement or of any other Related Document. 

 

	 	4.8	Other Agreements. Comply with all terms and conditions of all other agreements, whether now or hereafter existing, between it and any other Person, except where the failure to do so could not reasonably be
expected to have a Material Adverse Effect. 

  

	 	4.9	Title to Assets and Property. Maintain good and marketable title to all of its Properties, and defend them against all claims and demands of all Persons at any time claiming any interest in them on a basis
consistent with sound business and industry practices. 

  

	 	4.10	Additional Assurances. Promptly make, execute and deliver any and all agreements, documents, instruments and other records that the Bank may request to evidence any of the Credit Facilities, cure any defect in
the execution and delivery of any of the Related Documents, perfect any Lien, comply with any Legal Requirement applicable to the Bank or the Credit Facilities or describe more fully particular aspects of the agreements set forth or intended to be
set forth in any of the Related Documents. 

  

	 	4.11	Employee Benefit Plans. Maintain each employee benefit plan as to which it may have any liability, in compliance with all Legal Requirements. 

 

	 	4.12	Fee Letter. Timely observe, perform and comply with each and every one of the terms, covenants, conditions and agreements contained in the Fee Letter, on its part to be kept, observed, performed or complied with.

  

	 	4.13	Banking Relationship. Establish and maintain its primary banking depository and disbursement relationship with the Bank. 

  

	 	4.14	 Domestic Subsidiaries. Promptly inform the Bank in writing of the formation, acquisition or existence of any Domestic Subsidiary and to cause
each Domestic Subsidiary whether newly formed, after acquired or otherwise existing to promptly (and in any event within thirty (30) days after such Subsidiary is formed or acquired (or such

  
 9 

	 	
longer period of time as agreed to by the Bank)) become a Guarantor hereunder by way of execution and delivery to the Bank of a guaranty in form and substance satisfactory to the Bank together
with such security agreements, pledge agreements, financing statements, mortgages or deeds of trust and other documents which the Bank may reasonably require. In connection with the foregoing, the Borrower shall deliver to the Bank, with respect to
each new Guarantor to the extent applicable, substantially the same documentation required pursuant to Section 3.1(B) of this agreement. 

  

	5.	Negative Covenants. 

  

	 	5.1	Unless otherwise noted, the financial requirements set forth in this section will be computed in accordance with GAAP applied on a basis consistent with financial statements previously submitted by the Borrower
to the Bank. 

  

	 	5.2	Without the written consent of the Bank, the Borrower will not and no Subsidiary of the Borrower will: 

A. Distributions. Redeem, retire, purchase or otherwise acquire, directly or indirectly, any of its Equity Interests, return any
contribution to an Equity Owner or, other than stock dividends and dividends paid to the Borrower, declare or pay any Distributions; provided, however, that if there is no existing default under this agreement or any other Related
Document and to do so will not cause a default under any of such agreements the Borrower may (1) pay Distributions to its Equity Owners and (2) redeem, retire, purchase or otherwise acquire, directly or indirectly, any of its Equity
Interests in an amount not to exceed $2,500,000 in any calendar year. 
 B. Sale of Equity Interests. Issue, sell or otherwise
dispose of its Equity Interests; provided, however, that to do so will not cause a default under this agreement or any other Related Document the Borrower may (1) the issue additional Equity Interests in the Borrower (2) sell
Equity Interests in the Borrower owned by the Borrower. 
 C. Debt. Incur, contract for, assume, or permit to remain outstanding,
indebtedness for borrowed money, installment obligations, or obligations under capital leases, other than (1) unsecured trade debt incurred in the ordinary course of business, (2) indebtedness owing to the Bank, (3) reimbursement
obligations in respect of performance guaranties issued by financial institutions in connection with customer contracts, provided that the aggregate amount of all such reimbursement obligations shall not exceed $5,000,000 at any one time,
(4) indebtedness reflected in its latest financial statement furnished to the Bank prior to execution of this agreement and that is not to be paid with proceeds of borrowings under the Credit Facilities, (5) purchase money indebtedness,
provided that not more than $1,000,000 of such indebtedness is newly incurred or assumed in any Test Period, (6) capital leases to the extent permitted by Section 5.2M of this agreement, and (7) indebtedness outstanding as of
the date of this agreement and listed on Exhibit B hereto. 
 D. Guaranties. Guarantee or otherwise become or remain
secondarily liable on the undertaking of another, except for (1) endorsement of drafts for deposit and collection in the ordinary course of business, (2) guaranties in respect of indebtedness otherwise permitted by Section 5.2C of
this agreement and (3) guaranties in respect of operating leases entered into by any wholly-owned Subsidiary of the Borrower, as lessee, in the ordinary course of business. 

E. Liens. Create or permit to exist any Lien on any of its Property except Permitted Liens. 

F. Use of Proceeds. Use, or permit any proceeds of the Credit Facilities to be used, directly or indirectly, for the purpose of
“purchasing or carrying any margin stock” within the meaning of Federal Reserve Board Regulation U. At the Bank’s request, it will furnish a completed Federal Reserve Board Form U-1. 

G. Continuity of Operations. (1) Engage in any business activities substantially different from those in which it is presently
engaged; (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other Person, change its name, dissolve, or sell any assets out of the ordinary course of business; or (3) enter into any arrangement with any
Person providing for the leasing by it of Property which has been sold or transferred by it to such Person. 
 H. Limitation on Negative
Pledge Clauses. Enter into any agreement with any Person other than the Bank which prohibits or limits its ability to create or permit to exist any Lien on any of its Property, whether now owned or hereafter acquired. 

I. Conflicting Agreements. Enter into any agreement containing any provision which would be violated or breached by the performance of
its obligations under this agreement or any of the other Related Documents. 

  
 10 

 J. Limitation on Loans, Advances to and Investments in Others and Receivables from
Others. Purchase, hold or acquire any Equity Interest or evidence of indebtedness of, make or permit to exist any loans or advances to, permit to exist any receivable from, or make or permit to exist any investment or acquire any interest
whatsoever in, any Person, except: (1) extensions of trade credit to customers in the ordinary course of business on ordinary terms; (2) Permitted Investments; (3) loans, advances, investments and receivables existing as of the date
of this agreement that have been disclosed to and approved by the Bank in writing and that are not to be paid with proceeds of borrowings under the Credit Facilities; (4) advances to employees in the ordinary course of business in an amount not
to exceed $100,000 at any one time outstanding; (5) loans and advances from the Borrower to a Guarantor or from a Guarantor to the Borrower; (6) investments in and acquisition of interests in a Guarantor; (7) loans and advances to
Domestic Subsidiaries that are not a Guarantor in an amount not to exceed $2,000,000 at any one time outstanding; (8) investments in and acquisition of interests in Domestic Subsidiaries that are not a Guarantor in an amount not to exceed
$2,000,000 in the aggregate in any Test Period; (9) investments and acquisition of interests in, and loans and advances to, Cascade Microtech GmbH; (10) loans and advances to Foreign Subsidiaries (other than Cascade Microtech GmbH) in an
amount not to exceed $5,000,000; at any one time outstanding; (11) investments in and acquisition of interests in Foreign Subsidiaries (other than Cascade Microtech GmbH) in an amount not to exceed $5,000,000 in the aggregate in any Test
Period; and (12) Permitted Acquisitions in an amount not to exceed $5,000,000 in the aggregate in any Test Period. 
 K.
Organizational Documents. Alter, amend or modify any of its Organizational Documents. 
 L. Tangible Net Worth. Permit its
Tangible Net Worth to be less than $41,000,000.00 as of the end of any fiscal quarter. 
 M. Capital Expenditures. Make Capital
Expenditures (whether by purchase or capital lease of any fixed assets, or otherwise) in excess of $5,000,000.00 in the aggregate in any Test Period. 

N. EBITDA. Permit its net income plus (1) the following to the extent deducted in calculating such net income (without
duplication): (a) interest expense, (b) depreciation expense, (c) amortization expense, (d) income tax expense, (d) stock based compensation and (e) non-cash or non-recurring expense and minus (2) the following to
the extent included in calculating such net income: (a) non-cash or non-recurring income and (b) extraordinary gains, all computed for the Test Period, to be less than $5,000,000.00. 

O. Government Regulation. (1) Be or become subject at any time to any Legal Requirement or list of any government agency
(including, without limitation, the U.S. Office of Foreign Asset Control list) that prohibits or limits the Bank from making any advance or extension of credit to it or from otherwise conducting business with it, or (2) fail to provide
documentary and other evidence of its identity as may be requested by the Bank at any time to enable the Bank to verify its identity or to comply with any applicable Legal Requirement, including, without limitation, Section 326 of the USA
Patriot Act of 2001, 31 U.S.C. Section 5318. 
  

	 	5.3	Financial Statement Calculations. The financial covenant(s) set forth in the Section entitled “Negative Covenants” or in any subsection thereof shall, except as may be otherwise expressly provided with
respect to any particular financial covenant, be calculated on the basis of the Borrower’s financial statements prepared on a consolidated basis with its Subsidiaries in accordance with GAAP. Except as may be otherwise expressly provided with
respect to any particular financial covenant, if any financial covenant states that it is to be tested with respect to any particular period of time (which may be referred to therein as a “Test Period”) ending on any test date (e.g., a
fiscal month end, fiscal quarter end, or fiscal year end), then compliance with that covenant shall be required commencing with the period of time ending on the first test date that occurs after the date of this agreement (or, if applicable, of the
amendment to this agreement which added or amended such financial covenant). 

  

	6.	Representations. 

  

	 	6.1	 Representations and Warranties by the Borrower. To induce the Bank to enter into this agreement and to extend credit or other financial
accommodations under the Credit Facilities, the Borrower represents and warrants as of the date of this agreement and as of the date of each request for credit under the Credit Facilities that each of the following statements is and shall remain
true and correct throughout the term of this agreement and until all Credit Facilities and all Credit Liabilities under the Notes and other Credit Documents are paid in full: (a) the execution and delivery of this agreement and the other Credit
Documents to which it is a party, and the performance of the obligations they impose, do not violate any Legal Requirement, conflict with any agreement by which it is bound, or require the consent or approval of any other Person, (b) this
agreement and the other Credit Documents have been duly authorized, executed and delivered by all parties thereto (other than the Bank) and are valid and binding agreements of those Persons, enforceable according to their terms, except as may be
limited by bankruptcy, 

  
 11 

	 	
insolvency or other laws affecting the enforcement of creditors’ rights generally and by general principles of equity, (c) all balance sheets, profit and loss statements, and other
financial statements and other information furnished to the Bank in connection with the Credit Liabilities are fairly present the financial condition of the Persons to which they apply on their effective dates, including contingent liabilities of
every type, which financial condition has not changed materially and adversely since those dates, (d) no litigation, claim, investigation, administrative proceeding or similar action (including those for unpaid taxes) is pending or threatened
against it, and no other event has occurred which, in any one case or in the aggregate, could reasonably be expected to have a Material Adverse Effect other than litigation, claims, or other events, if any, that have been disclosed to the Bank in
writing, (e) all of its tax returns and reports that are or were required to be filed, have been filed, and all taxes, assessments and other governmental charges have been paid in full, except those presently being contested by it in good faith
and for which adequate reserves have been provided, (f) it is not an “investment company” or a company “controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended,
(g) it is not a “holding company”, or a “subsidiary company” of a “holding company” or an “affiliate” of a “holding company” or of a “subsidiary company” of a “holding
company” within the meaning of the Public Utility Holding Company Act of 1935, as amended, (h) there are no defenses or counterclaims, offsets or adverse claims, demands or actions of any kind, personal or otherwise, that it could assert
with respect to this agreement or the Credit Facilities, (i) it owns, or is licensed to use, all trademarks, trade names, copyrights, technology, know-how and processes necessary for the conduct of its business as currently conducted, and
(j) no part of the proceeds of the Credit Facilities will be used for “purchasing” or “carrying” any “margin stock” within the respective meanings of each of the quoted terms under Regulation U of the Board of
Governors of the Federal Reserve System of the United States (the “Board”) as now and from time to time hereafter in effect or for any purpose which violates the provisions of any regulations of the Board or any other Legal Requirement.
The Borrower further represents that: (a) it is duly organized and validly existing under the laws of the state where it is organized and is in good standing in its state of organization and each state where it is doing business, and
(b) the execution and delivery of this agreement and the other Credit Documents to which it is a party and the performance of the obligations they impose (i) are within its powers, (ii) have been duly authorized by all necessary
action of its governing body, and (iii) do not contravene the terms of its Organizational Documents or other agreement or document governing its affairs. 

  

	 	6.2	Representations and Warranties Regarding Assets. To induce the Bank to enter into this agreement and to extend credit or other financial accommodations under the Credit Facilities, the Borrower represents and
warrants as of the date of this agreement and as of the date of each request for credit under the Credit Facilities that each of the following statements is and shall remain true and correct throughout the term of this agreement and until all Credit
Facilities and all Credit Liabilities owing under the Notes and other Related Documents are paid in full. With respect to any asset utilized in the calculation of the Borrowing Base the Borrower represents and warrants to the Bank that:
(1) each asset represented by the Borrower to be eligible for Borrowing Base purposes conforms to the eligibility requirements set forth in this agreement; (2) all asset values delivered to the Bank will be true and correct, subject to
immaterial variance, and be determined on a consistent accounting basis; (3) except as agreed to the contrary by the Bank in writing, each asset is now and at all times hereafter will be in the Borrower’s physical possession and shall not
be held by others on consignment, sale or approval, or sale or return; (4) except as reflected in schedules delivered to the Bank, each asset is now and at all times hereafter will be of good and merchantable quality, free from defects; and
(5) except as disclosed to Bank in writing, no material portion of Borrower’s assets is stored with a bailee, warehouseman, or similar Person and upon Bank’s request, the Borrower will exercise commercially reasonable efforts to cause
any such bailee, warehouseman, or similar Person to issue and deliver to the Bank, warehouseman receipts in the Bank’s name evidencing the storage of such assets. 

 

	7.	Default/Remedies. If an Event of Default exists, then the Bank shall have all of the rights and remedies provided by any law, equity or agreement. 

 

	8.	Miscellaneous. 

  

	 	8.1	Notice. Any notices and demands under or related to this agreement shall be in writing and delivered to the intended party at its address stated in this agreement, and if to the Bank, at its main office if no
other address of the Bank is specified in this agreement, by one of the following means: (a) by hand; (b) by a nationally recognized overnight courier service; or (c) by certified mail, postage prepaid, with return receipt requested.
Notice shall be deemed given: (a) upon receipt if delivered by hand; (b) on the Delivery Day after the day of deposit with a nationally recognized courier service; or (c) on the third Delivery Day after the notice is deposited in the
mail. “Delivery Day” means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and
demands by giving notice of the change in the manner provided in this provision. 

  
 12 

	 	8.2	No Waiver. No delay on the part of the Bank in the exercise of any right or remedy waives that right or remedy. No single or partial exercise by the Bank of any right or remedy precludes any other future exercise
of it or the exercise of any other right or remedy. The making of an advance during the existence of any default or subsequent to the occurrence of a default or when all conditions precedent have not been met shall not constitute a waiver of the
default or condition precedent. No waiver or indulgence by the Bank of any default is effective unless it is in writing and signed by the Bank, nor shall a waiver on one occasion bar or waive that right on any future occasion. 

 

	 	8.3	Integration. This agreement, the Notes, and the other Credit Documents embody the entire agreement and understanding between the Borrower and the Bank with respect to the Credit Facilities and supersede all prior
agreements and understandings relating to their subject matter. If any one or more of the obligations of the Borrower under this agreement or the Notes is invalid, illegal or unenforceable in any jurisdiction, the validity, legality and
enforceability of the remaining obligations of the Borrower shall not in any way be affected or impaired, and the invalidity, illegality or unenforceability in one jurisdiction shall not affect the validity, legality or enforceability of the
obligations of the Borrower under this agreement, the Notes and the other Credit Documents in any other jurisdiction. 

  

	 	8.4	Governing Law and Venue. This agreement shall be governed by and construed in accordance with the laws of the State of Oregon (without giving effect to its laws of conflicts). The Borrower agrees that any legal
action or proceeding with respect to any of its obligations under this agreement may be brought by the Bank in any state or federal court located in the State of Oregon, as the Bank in its sole discretion may elect. By the execution and delivery of
this agreement, the Borrower submits to and accepts, for itself and in respect of its property, generally and unconditionally, the non-exclusive jurisdiction of those courts. The Borrower waives any claim that the State of Oregon is not a convenient
forum or the proper venue for any such suit, action or proceeding. 

  

	 	8.5	Survival of Representations and Warranties. The Borrower understands and agrees that in extending the Credit Facilities, the Bank is relying on all representations, warranties, and covenants made by the Borrower
in this agreement or in any certificate or other instrument delivered by the Borrower to the Bank under this agreement or in any of the other Credit Documents. The Borrower further agrees that regardless of any investigation made by the Bank, all
such representations, warranties and covenants will survive the making of the Credit Facilities and delivery to the Bank of this agreement, shall be continuing in nature, and shall remain in full force and effect until such time as the Credit
Liabilities shall be paid in full. 

  

	 	8.6	Non-Liability of the Bank. The relationship between the Borrower and the Bank created by this agreement is strictly a debtor and creditor relationship and not fiduciary in nature, nor is the relationship to be
construed as creating any partnership or joint venture between the Bank and the Borrower. The Borrower is exercising its own judgment with respect to its business. All information supplied to the Bank is for the Bank’s protection only and no
other party is entitled to rely on such information. There is no duty for Bank to review, inspect, supervise or inform the Borrower of any matter with respect to the Borrower’s business. The Bank and the Borrower intend that the Bank may
reasonably rely on all information supplied by the Borrower to the Bank, together with all representations and warranties given by the Borrower to the Bank, without investigation or confirmation by the Bank and that any investigation or failure to
investigate will not diminish the Bank’s right to so rely. 

  

	 	8.7	Indemnification of the Bank. The Borrower agrees to indemnify, defend and hold the Bank, its parent companies, Subsidiaries, Affiliates, their respective successors and assigns and each of their respective
shareholders, directors, officers, employees and agents (collectively, the “Indemnified Persons”) harmless from any and against any and all loss, liability, obligation, damage, penalty, judgment, claim, deficiency, expense,
interest, penalties, reasonable attorneys’ fees (including the fees and expenses of any attorneys engaged by the Indemnified Person) and amounts paid in settlement (“Claims”) to which any Indemnified Person may become subject
arising out of or relating to the Credit Facilities, the Credit Liabilities or the Collateral, except to the limited extent that the Claims are proximately caused by any Indemnified Person’s gross negligence or willful misconduct. The
indemnification provided for in this paragraph shall survive the termination of this agreement and shall not be affected by the presence, absence or amount of or the payment or nonpayment of any claim under, any insurance. 

 

	 	8.8	Counterparts. This agreement may be executed in multiple counterparts, each of which, when so executed, shall be deemed an original, but all such counterparts, taken together, shall constitute one and the same
agreement. 

  

	 	8.9	Advice of Counsel. The Borrower acknowledges that it has been advised by counsel, or had the opportunity to be advised by counsel, in the negotiation, execution and delivery of this agreement and any other
Related Documents. 

  

	 	8.10	 Recovery of Additional Costs. If after the date of this agreement the imposition of or any change in any Legal Requirement, or the
interpretation or application of any thereof by any court or administrative or governmental 

  
 13 

	 	
authority (including any request or policy not having the force of law) shall impose, modify, or make applicable any taxes (except federal, state, or local income or franchise taxes imposed on
the Bank), reserve requirements, liquidity requirements, capital adequacy requirements, Federal Deposit Insurance Corporation (FDIC) deposit insurance premiums or assessments, or other obligations which would (A) increase the cost to the Bank
for extending, maintaining or funding the Credit Facilities, (B) reduce the amounts payable to the Bank under the Credit Facilities, or (C) reduce the rate of return on the Bank’s capital as a consequence of the Bank’s
obligations with respect to the Credit Facilities, then the Borrower agrees to pay the Bank such additional amounts as will compensate the Bank therefor, within five (5) days after the Bank’s written demand for such payment. The
Bank’s demand shall be accompanied by an explanation of such imposition or charge and a calculation in reasonable detail of the additional amounts payable by the Borrower, which explanation and calculations shall be conclusive in the absence of
manifest error. For purposes of this agreement (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives issued in connection with that Act, and (ii) all requests, rules, guidelines
or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor authority) or the United States regulatory authorities, in each case pursuant to Basel III, shall in each case be
deemed to be a change in Legal Requirement, regardless of the date enacted, adopted or issued. 

  

	 	8.11	Expenses. The Borrower agrees to pay or reimburse the Bank for all its out-of-pocket costs and expenses and reasonable attorneys’ fees (including the fees of in-house counsel) incurred in connection with the
development, preparation and execution of, and in connection with the enforcement or preservation of any rights under, this agreement, any amendment, supplement, or modification thereto, and any other Credit Documents. These costs and expenses
include without limitation any costs or expenses incurred by the Bank in any bankruptcy, reorganization, insolvency or other similar proceeding. 

  

	 	8.12	Time is of the Essence. Time is of the essence under this agreement and in the performance of every term, covenant and obligation contained herein. 

 

	 	8.13	UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY THE BANK CONCERNING LOANS AND OTHER CREDIT EXTENSIONS THAT ARE NOT FOR PERSONAL, FAMILY, OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE
BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION AND BE SIGNED BY THE BANK TO BE ENFORCEABLE. 

  

	9.	USA PATRIOT ACT NOTIFICATION. The following notification is provided to the Borrower pursuant to Section 326 of the USA Patriot Act of 2001, 31 U.S.C. Section 5318: 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT. To help the government fight the funding of terrorism and money laundering
activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each Person that opens an account, including any deposit account, treasury management account, loan, other extension of credit, or
other financial services product. What this means for the Borrower: When the Borrower opens an account, if it is an individual the Bank will ask for its name, taxpayer identification number, residential address, date of birth, and other information
that will allow the Bank to identify it, and, if it is not an individual the Bank will ask for its name, taxpayer identification number, business address, and other information that will allow the Bank to identify it. The Bank may also ask, if the
Borrower is an individual, to see its driver’s license or other identifying documents, and if it is not an individual, to see its Organizational Documents or other identifying documents. 

 

	10.	WAIVER OF SPECIAL DAMAGES. THE BORROWER WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT THE UNDERSIGNED MAY HAVE TO CLAIM OR RECOVER FROM THE BANK IN ANY LEGAL ACTION OR PROCEEDING ANY SPECIAL,
EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES. 

  

	11.	JURY WAIVER. THE BORROWER AND THE BANK (BY ITS ACCEPTANCE HEREOF) HEREBY VOLUNTARILY, KNOWINGLY, IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE (WHETHER BASED
ON CONTRACT, TORT, OR OTHERWISE) BETWEEN THE BORROWER AND THE BANK ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT. THIS PROVISION IS A MATERIAL INDUCEMENT TO THE BANK TO PROVIDE THE FINANCING DESCRIBED HEREIN. 

  
 14 

											
	Address(es) for Notices:	 	Borrower:
			
	 9100 SW Gemini Drive
 Beaverton, OR
97008
	 		 	Cascade Microtech, Inc.
					
	Attn:	 	  James Nias
	 		 	By:	 	  /s/ Jeff A. Killian

		 		 		 		 	Jeff A. Killian	 	CFO
		 		 		 		 	  

		 		 		 		 	Printed Name	 	Title

  

									
		 		 		 	Date Signed:	 	  8/8/13

 

											
	Address for Notices:	 		 	Bank:
			
	 888 SW 5th Ave.
 Portland, OR
97204
	 		 	JPMorgan Chase Bank, N.A.
					
	Attn:	 	  
	 		 	By:	 	  /s/ Rebecca Ogden

		 		 		 		 	Rebecca Ogden	 	Sr. Underwriter
		 		 		 		 	  

		 		 		 		 	Printed Name	 	Title

  

									
		 		 		 	Date Signed:	 	  8/8/13

  
 15 

 Exhibit A 
  

							
	Debtor	 	Secured Party	 	Collateral Description	 	Obligations Secured
	Cascade Microtech, Inc.	 	LPKF Laser & Electronics	 	 LPKF Microline UV 330,
 p/n 120976, s/n
4141847504
 Laser Head s/n 3080
 Controller s/n 2052

including Microline 3300 Laser Power
 Upgrade to 7.5W @ 10kHz, p/n
120977
	 	

 Exhibit B 
  

							
	Debtor	 	Lender	 	Facility Description	 	Amount

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