Document:

ASYS.6.30.12-EX10.2

AMENDMENT TO EMPLOYMENT AGREEMENT

Whereas, Amtech Systems, Inc. (“Company) and Jong S. Whang (“Executive”) entered into an Employment Agreement (the “Agreement”) dated February 9, 2012; and 

Whereas, Company and Executive now desire to modify the Agreement pursuant to Paragraph 20 thereof, and to enter into this Amendment to Employment Agreement (“Agreement”); 

The parties hereto therefore agree to the following modification to the Agreement, to be effective as of the date set forth below; with all unmodified portions of the Agreement to remain in full force and effect as written:

1.Section 2 of the Agreement is hereby amended to reduce the annual base compensation from $400,000 per annum to $320,000.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment this _1st_ day of July, 2012.

Amtech Systems, Inc.

By   /s/ Bradley C. Anderson                        
         Bradley C. Anderson, 
                
Its Executive Vice President and Chief Financial Officer

By   /s/ Jong S. Whang                                     
Jong S. Whang, ExecutiveASYS.6.30.12-EX10.3

AMENDMENT TO EMPLOYMENT AGREEMENT

Whereas, Amtech Systems, Inc. (“Company) and Fokko Pentinga (“Executive”) entered into an Employment Agreement (the “Agreement”) dated June 29, 2012; and 

Whereas, Company and Executive now desire to modify the Agreement pursuant to Paragraph 21 thereof, and to enter into this Amendment to Employment Agreement (“Agreement”); 

The parties hereto therefore agree to the following modification to the Agreement, to be effective as of the date set forth below; with all unmodified portions of the Agreement to remain in full force and effect as written:

1.Section 2 of the Agreement is hereby amended to reduce the annual base salary from US$370,000, or € 284,310, to $314,500, or € 241,664.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment this _1st_ day of July, 2012.

Amtech Systems, Inc.

By   /s/ Bradley C. Anderson                                            
         Bradley C. Anderson, 
                
Its Executive Vice President and Chief Financial Officer

By   /s/ Fokko Pentinga                                                    
Fokko Pentinga, ExecutiveEX 10.2 Agreement Regarding Conflicts of Interest

EXHIBIT 10.2

MULTI SOFT II, INC. 
100 SE 2nd Street, Suite 3200
Miami, Florida 33131

August 8, 2012

Multi Solutions II, Inc.
J. Bryant Kirkland III
Robert Frome
Deborah Fasanelli
Robert Lundgren 
100 SE 2nd Street, Suite 3200
Miami, Florida 33131

Re:  Conflicts of Interest 

Multi Solutions II, Inc., a Florida corporation (the "Company"), has filed with the U.S. Securities and Exchange Commission (the "SEC") a Registration Statement on Form 10 (File No. 000-15976) (the "Registration Statement"), to register its common stock, par value $0.001 per share, pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  It is anticipated that such Registration Statement will be declared effective by the SEC on or about August 14, 2012.   The Company is a blank check company whose business purpose is to seek the acquisition of, or merger with, an existing company.

Each of J. Bryant Kirkland, Deborah Fasanelli, Robert Frome and Robert Lundgren, officers and directors of the Company, hold the same positions at Multi Solutions II, Inc. ("Multi Solutions"), another blank check company.  In order to minimize potential conflicts of interest which may arise from the undersigned holding identical positions in both the Company and Multi Solutions, the undersigned has agreed to present to Multi Solutions for its consideration any business opportunity which under applicable law, may reasonably be required to be presented to Multi Solutions, prior to the presentation of such business opportunity to the Company.

The foregoing obligation is expressly subordinate. Accordingly, notwithstanding anything contained herein to the contrary, the undersigned shall not cause the Company to analyze or consider any possible business combination opportunities until Multi Solutions becomes a party to a letter of intent or other agreement to consummate a business combination (the " Multi Solutions LOI").  Until Multi Solutions becomes a party to a Multi Solutions LOI, the officers and directors of the Company shall not cause the Company to commence analysis or consider possible business combinations.  Furthermore, unless the Company is then a party to a letter of intent to consummate a business combination, in the event the business combination contemplated by a Multi Solutions LOI is not consummated and is terminated, any analysis or consideration of business combination opportunities by the Company shall cease until Multi Solutions becomes a party to any subsequent Multi Solutions LOI.

If you are in agreement with the foregoing, please so indicate by signing this letter in the space set forth below and returning such signed letter to counsel Rennert Vogel Mandler & Rodriguez, P.A., Attn:  Charles J. Rennert, whereupon it shall become a binding agreement between you and the Company as of the date first above written.

August 8, 2012
Page 2

Signatures of the parties to this letter may be provided by counterpart, each of which will be deemed an original, but all of which together will constitute one and the same instrument.  Facsimile copies of signatures will be the equivalent of original signatures (original signatures will be sent as soon as practicable thereafter).

Very truly yours,

MULTI SOFT II, INC.

By: /s/ J. Bryant Kirkland III, President

ACCEPTED AND AGREED THIS 8TH DAY OF AUGUST, 2012:

MULTI SOLUTIONS II, INC.

By: /s/ J. Bryant Kirkland III, President

[countersigned]

/s/ J. Bryant Kirkland III

/s/ Robert Frome

/s/ Deborah Fasanelli

/s/ Robert Lundgrenex10-1.htm

EXHIBIT 10.1

 

 

FIRST AMENDMENT AGREEMENT

THE FIRST AMENDED AGREEMENT (“Amendment”) is entered into as of June 29, 2012, by and between Cadiz, Inc., (“Cadiz”), a Delaware corporation, and Questar Southern Trails Pipeline Company, (“Questar Southern Trails”), a Utah corporation.  Cadiz and Questar Southern Trails are collectively referred to as the Parties and individually as Party.

THE PARTIES REPRESENT THAT:

A. Questar Southern Trails and Cadiz entered into the “Option Agreement Between Cadiz, Inc. and Questar Southern Trails Pipeline Company,” (“Option Agreement”), dated August 12, 2011, where, among other things, Questar Southern Trails conveyed, and Cadiz acquired an option to purchase a portion of the Southern Trails Pipeline, together with certain pipeline facilities, fixtures, certain real property and related assets.

 

 

B. The Parties have determined that it is in their mutual interest to amend the terms of the Option Agreement, as provided under Section 6.2 of the Option Agreement.  The amended terms are set forth below.

THE PARTIES AGREE AS FOLLOWS:

1. Section 2.1, Option to Purchase, of the Option Agreement is revised to change the “Purchase Price” referred to in the first sentence from “ten million dollars ($10,000,000)” to “ten million five-hundred thousand dollars ($10,500,000)”.

 

 

2. Section 2.2, Phase 1 Option Period, of the Option Agreement is revised to delete the third sentence and replace it as follows:  “The Phase 1 Option Fee is non-refundable.”

3. Section 2.3, Phase 2 Option Period, of the Option Agreement is revised to delete the third sentence and replace it as follows:  “The Phase 2 Option Fee is non-refundable.”  Section 2.3 is also revised to delete the last sentence and replace it as follows:  “If Cadiz does not exercise the Option during the Phase 2 Option Period then the Option shall automatically be extended to the Phase 3 Option Period (defined below).”

4. Section 2.4, Exercising the Option During the Phase 1 Option Period or the Phase 2 Option Period, of the Option Agreement is renamed “Exercising the Option During the Phase 1 Option Period, the Phase 2 Option Period, or the Phase 3 Option Period.” Section 2.4 is also revised to delete the first sentence and replace it as follows: “During the Phase 1 Option Period, the Phase 2 Option Period, and the Phase 3 Option Period, Cadiz shall have the sole and exclusive right, but not the obligation, to purchase the Pipeline Assets.”

5. Section 2.5, Phase 3 Option Period, of the Option Agreement is deleted in its entirety, and is replaced as follows:

The Phase 3 Option Period, if effective, shall commence on July 1, 2012, and shall continue through the earlier of April 30, 2013, or the closing of a definitive Purchase and Sale Agreement by which Cadiz purchases the Pipeline Assets from Questar Southern Trails (the “Phase 3 Option Period”).  Either Party may terminate this Agreement in its entirety at any time during the Phase 3 Option Period upon at least 30 days advance written notice to the non-terminating Party.  If Cadiz does not exercise the Option during the Phase 3 Option Period, then this Agreement shall terminate.

6. Section 2.6, Exercising the Phase 3 Option, of the Option Agreement is deleted in its entirety.

 

 

7. Section 2.7, Closing Date Payments, of the Option Agreement is renumbered from “2.7” to “2.6”.   Section 2.7, now renumbered as Section 2.6, is also revised to delete the first sentence and replace it as follows:  “Upon the closing of the Purchase and Sale Agreement (as defined therein), Cadiz will pay to Questar Southern Trails Pipeline the Purchase Price.”

8. Section 2.8, Final Definitive Purchase and Sale Agreement; Instruments of Conveyance, Transfer and Assumption, of the Option Agreement, is renumbered from “2.8” to “2.7”.

9. Section 2.9, Exclusivity, of the Option Agreement is renumbered from “2.9” to “2.8”.

10. Section 2.10, Condition of Pipeline Assets, of the Option Agreement is renumbered from “2.10” to “2.9”.

11. Section 2.11, Access to Information and People, of the Option Agreement is renumbered from “2.11” to “2.10”.

12. Section 2.12, Cooperation, of the Option Agreement is renumbered from “2.12” to “2.11”.

13. Article II, of the Table of Contents, of the Option Agreement is renumbered to reflect the numbering changes made by Sections 7-12 of this Amendment.   Article II, of the Table of Contents, of the Option Agreement, now reads as follows:

	
2.1  

	
Option to Purchase

	
2.2  

	
Phase 1 Option Period

	
2.3  

	
Phase 2 Option Period

	
2.4  

	
Exercising the Option during the Phase 1 Option Period, the Phase 2 Option Period, or the Phase 3 Option Period

	
2.5  

	
Phase 3 Option Period

14. Article II, Second Paragraph, Purchase Price; Closing Date Payments, EXHIBIT A – Form of Purchase and Sale Agreement, of the Option Agreement is revised to change the “Purchase Price” from “Ten Million Dollars ($10,000,000)” to “Ten Million Five-Hundred Thousand Dollars ($10,500,000)”.

 

 

15. Bill of Sale, of EXHIBIT A, of the Form of Purchase and Sale Agreement is revised to change the sum of “Ten Million Dollars ($10,000,000)” to “Ten Million Five Hundred Thousand Dollars ($10,500,000)”.

16. Except as expressly stated above, all terms, conditions and provisions of the Option Agreement shall remain in full force and effect.

17. Each person signing this Amendment warrants that the person has full legal capacity, power, and authority to execute this Amendment for and on behalf of the respective Party to bind such Party.

INTENDING TO BE LEGALLY BOUND, the Parties have executed this Amendment effective as of the date first written above.

QUESTAR SOUTHERN TRAILS

PIPELINE COMPANY

By: /s/ Lawrence A. Conti

Name:  Lawrence A. Conti

Title:  Vice President Operations and Gas Control

CADIZ, INC.

By:  /s/ Scott Slater

Name:  Scott Slater

Title:  President

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