Document:

Exhibit 10.1

 

AMENDMENT
TO LEASE

 

This Amendment to Lease (“Amendment”)
is dated as of the 27 day of September, 2005, between JN PROPERTIES, a Colorado
general partnership (“Landlord”) and FISCHER IMAGING CORPORATION, a Delaware
corporation (“Tenant”).

 

RECITALS

 

A.            Landlord and Tenant
are parties to that certain Lease dated July 31, 1992 (the “Lease”),
for premises located on a portion of Block 7, Washington Square Subdivision, in
the City of Thornton, Adams County, Colorado and more particularly described in
the Lease (the “Premises”).

 

B.            Tenant has entered
into an agreement with Hologic, Inc., a Delaware corporation for the sale
and purchase of Tenant’s assets pursuant to an Asset Purchase Agreement dated June 22,
2005 (the “Hologic Agreement”), pursuant to which, among other things,
Hologic will purchase from Tenant the Mammography Intellectual Property and the
right to use certain Intellectual Property Authorizations (as those terms are defined
in the Hologic Agreement).

 

C.            Landlord and Tenant
desire to amend Lease upon the terms and conditions set forth herein and, in
connection therewith, Landlord shall consent to the consummation of the
transactions contemplated by the Hologic Agreement.

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein set forth, and
intending to be legally bound hereby, the parties hereto agree as follows:

 

AGREEMENT

 

1.             Defined Terms.  All capitalized terms used but not defined in
this Amendment shall have the meanings set forth for such terms in the Lease.  All terms that are defined in this Amendment will
have the meaning in the Lease as amended hereby that are set forth for such
terms in this Amendment.

 

2.             Amendment of Lease.  In consideration of Landlord’s execution of
this Amendment and subject to the condition subsequent of the consummation of
the transaction contemplated by the Hologic Agreement, Tenant hereby covenants
and agrees to pay the sum of Four Million Dollars ($4,000,000.000) (the “Amendment
Fee”) to Landlord by certified funds or federal wire transfer.  Immediately following closing under the
Hologic Agreement and the receipt of the purchase price thereunder (the “Hologic
Closing”), Tenant shall pay the Amendment Fee to Landlord from the Hologic
Closing proceeds.  Landlord and Tenant hereby
agree that upon and conditioned upon Landlord’s receipt of the Amendment Fee,
the following modifications to the Lease shall become effective:

 

(a)           Lease Term.  The Term of the Lease is hereby amended so
that it shall terminate on the earlier of (a) that date which is 60 days
after Tenant furnishes written notice to Landlord of Tenant’s intent to vacate
the Premises; or (b) May 31, 2006, as if that date were the day
definitely fixed in the Lease for the expiration of the Term thereof.

 

 

(b)           Month-to-Month Lease.  Contingent upon Tenant’s payment of the
Amendment Fee as set forth above, commencing on October 1, 2005, Tenant
shall be deemed to be occupying the Premises on a month-to-month basis,
terminable by Tenant upon 60 days’ prior written notice to Landlord.  Such month-to-month tenancy shall be subject
to all of the terms and conditions set forth in the Lease (including, but not
limited to, Tenant’s ongoing obligations to pay for insurance, utilities and
maintenance) and subject to the provisions set forth in this Amendment, except
that Tenant shall pay base rent and 2006 real property taxes in the amounts set
forth in Paragraphs 2(c) and (d) below.

 

(c)           Real Estate Taxes
and Other Matters.  In addition to
Tenant’s obligation to pay the Amendment Fee to Landlord, Tenant hereby
covenants and agrees to pay to Landlord immediately upon the Hologic Closing,
the sum of One Hundred Eighty Thousand Dollars ($180,000.000) (the “2005 Tax
Payment”) which represents Tenant’s share of 2005 Taxes for the Premises
due and payable in 2006.  Landlord acknowledges
and agrees that upon its receipt of the 2005 Tax Payment from Tenant it shall
be responsible for paying 2005 Taxes directly to the taxing authority.  Commencing on January 1, 2006 and
continuing for the remainder of the Term, Tenant shall, in addition to monthly
base rent, pay to Landlord on a monthly basis 1/12 of the estimated Taxes for
2006 as determined by Landlord in it reasonable discretion (the “2006 Tax
Payments”).  Landlord acknowledges and
agrees that upon Landlord’s receipt of the 2006 Tax Payments it shall be
responsible for paying all 2006 Taxes due and payable in 2007 directly to the
taxing authority.  Tenant agrees to spend
up to Fifteen Thousand Dollars ($15,000.00) to close two (2) underground
sumps on the Premises with such efforts to be in full satisfaction of any and
all obligations under the Lease with respect to these sumps.  In connection therewith, Tenant shall conduct
soil sampling around the sumps to obtain information regarding possible
subsurface releases from the sumps. 
Tenant shall immediately furnish Landlord with the results of that
assessment.  In the event that the
assessment identifies any concentrations of regulated compounds exceeding
regulatory action levels which resulted from Tenant’s operations, Tenant shall,
at its sole cost and expense, perform any remediation required by the
appropriate regulatory agency.  Upon
receipt of (i) analytical data showing no remediation is required or (ii) in
the event remediation is required, a No Further Action letter from the
appropriate regulatory agency, Tenant shall be released from the obligations
set forth in Section 4.2 of the Lease.

 

(d)           Rent.  Notwithstanding anything to the contrary set
forth in this Amendment or in the Lease, commencing on October 1, 2005,
and continuing for the remainder of the Term, Tenant shall pay monthly base
rent to Landlord in the amount of Sixty-six Thousand Three Hundred Forty
Dollars ($66,340.00) which is at an annual rate of Six Dollars and Eighty-four Cents
($6.84) per square foot contained in the Premises’ Building.

 

(e)           Landlord’s Right to
Entry.  From and after the Effective
Date, Landlord shall have the continuing right to enter the Premises in order
to inspect and show the Premises to current and prospective lenders, insurers,
purchasers and tenants.  Landlord shall
provide reasonable advance oral notice to one of the representatives designated
by Tenant of any such entry and shall take reasonable steps to minimize any
disruption of Tenant’s business.  In
addition to the foregoing, from and after the Effective Date, Landlord shall
have the continuing right to market the Premises for lease, which marketing
shall include, but not be limited to, the placement of “for rent” or “for lease”
signs on the exterior of the Premises’ Building and/or around the Building.

 

 

(f)            Surrender.  At the expiration of the Term of the Lease, Tenant
shall, in accordance with Article 19 of the Lease, vacate and surrender
the Premises to Landlord in the same condition that the Premises are in on the Effective
Date, normal wear and tear excepted and, except as set forth in the Hologic Agreement,
Tenant shall, at its sole cost and expense, remove from the Premises all of its
trade fixtures, equipment and other movable personal property.  In the event Tenant fails to vacate the
Premises on or before the expiration of the Term of the Lease, Tenant shall be
deemed to be holding over and shall be subject to the terms and conditions of Article 19
of the Lease.

 

3.             Consent to Hologic
Agreement.  Landlord hereby grants
its consent to the consummation of the transactions contemplated by the Hologic
Agreement as required by the Lease.

 

4.             Effective Date.  As used herein, “Effective Date” means the
date this Amendment is last signed by either of the parties hereto.

 

5.             Termination of
this Agreement.  In the event the
Hologic Agreement is terminated prior to its consummation, or Tenant fails to
pay the Amendment Fee and the 2005 Tax Payment to Landlord in accordance with
the terms of this Amendment, this Amendment shall become null and void and the
Lease shall otherwise remain in full force and effect in accordance with the
terms thereof; provided, however, Tenant’s obligation to pay the 2005 Tax
Payment as contemplated in Paragraph 2 above, shall constitute an independent
Tenant obligation which shall in no event be extinguished as a result of the
failure of the Hologic Closing to occur or Tenant’s failure pay the Amendment
Fee and/or 2005 Tax Amendment.

 

6.             Attorneys’ Fees.  In the event of any litigation brought by
either party to enforce the terms and provisions of this Amendment, the
prevailing party shall be entitled to recover all of its costs and expenses
incurred in such litigation, including but not limited to, reasonable attorneys’
fees.

 

7.             No Further
Modification.  The parties agree that
the Lease in all other respects, except as modified by this Amendment, remains
unchanged and unaffected by this Amendment, and the provisions thereof shall
continue to be effective and binding on the parties.  In the event there are any inconsistencies
between the terms and conditions of this Amendment and the terms and conditions
of the Lease, the terms and conditions of this Amendment shall control.

 

8.             Binding Effect.  This Amendment shall be binding upon and
shall inure to the benefit of the parties hereto, their respective successors
and assigns.

 

12.           Counterparts.  This Amendment may be executed in several
counterparts, each of which will be considered an original, and all of which
when taken together shall constitute one agreement.

 

 

IN WITNESS WHEREOF, the
parties hereto, have executed this Amendment to Lease as of the day and year
first above written.

 

	
   

  	
  “LANDLORD”

  
	
   

  	
   

  
	
   

  	
  JN PROPERTIES, a Colorado
  general partnership

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Morgan W. Nields

  
	
   

  	
  Morgan Nields, General
  Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Kinney L. Johnson

  
	
   

  	
  Kinney L. Johnson,
  General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  “TENANT”

  
	
   

  	
   

  
	
   

  	
  FISCHER IMAGING CORPORATION, a

  Delaware corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven L. Durnil

  
	
   

  	
  Name:

  	
  Steven L. Durnil

  
	
   

  	
  Its:

  	
  President and CEO

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Its:Exhibit 10.2

 

VOTING AND SUPPORT AGREEMENT

 

VOTING AND SUPPORT AGREEMENT, dated September 27,
2005 (this “Agreement”), between Fischer Imaging
Corporation, a Delaware corporation (the “Company”),
on the one hand, and Morgan W. Nields, the Robert L. Nields Trust and Florence
Wesson Nields Trust (each, a “Stockholder”,
and together, the “Stockholders”),
on the other hand.  Capitalized terms
used but not defined herein shall have the meanings given to such terms in the
Asset Purchase Agreement (as defined below).

 

W I T N E S S E T H:

 

WHEREAS, the Company and Hologic, Inc. have entered
into an Asset Purchase Agreement dated as of June 22, 2005 (the “Asset Purchase Agreement”), providing for the acquisition of
substantially all of the Company’s intellectual property by Hologic (the “Acquisition”); and

 

WHEREAS, as of the date hereof and as of the record
date, the Stockholders are the record and beneficial owners of, collectively, a
total of 833,000 shares of Company Common Stock (the “Existing
Shares” and, together with any shares of Company Common Stock or
other voting capital stock of the Company acquired by the Stockholders after
the date hereof, the “Shares”);

 

NOW, THEREFORE, in consideration of the foregoing and
the mutual representations, warranties, covenants and agreements contained
herein, and intending to be legally bound hereby, the parties hereto hereby
agree as follows:

 

ARTICLE I

 

VOTING

 

1.1           Agreement to Vote
and Support.  The
Stockholders agree that, from and after the date hereof and until the date on
which this Agreement is terminated pursuant to Section 2.1, at the Company
Stockholders Meeting scheduled for September 28, 2005, or any adjournment
thereof that occurs not later than October 5, 2005, the Stockholders
shall:

 

(a)           appear at each such
meeting or otherwise cause the Shares to be counted as present thereat for
purposes of calculating a quorum; and

 

(b)           vote (or cause to
be voted), in person or by proxy, or deliver a written consent (or cause a
consent to be delivered) covering, all the Shares, and any other voting
securities of the Company (whenever acquired), that are beneficially owned by
the Stockholders or as to which the Stockholders have, directly or indirectly,
the right to vote or direct the voting, in favor of approval of the Asset
Purchase Agreement; and, .

 

 

(c)           if Stockholders are
contacted by any other record holders of shares of Common Stock of the Company
who inquire as to the Stockholder’s views or intentions, to communicate their
support for the Acquisition and their agreement to vote in favor thereof.

 

1.2           No Inconsistent
Agreements.  The
Stockholders hereby covenant and agree that, except for this Agreement, none of
the Stockholders (a) has entered, and none of the Stockholders shall enter
at any time while this Agreement remains in effect, into any voting agreement
or voting trust with respect to the Shares and (b) has not granted, and
none of the Stockholders shall grant at any time while this Agreement remains
in effect, a proxy, a consent or power of attorney with respect to the Shares.

 

1.3           Proxy.  The Stockholders hereby grant a proxy, and
appoint as attorney-in-fact, Dr. Gail Schoettler and Steven Durnil, in
their respective capacities as director or officer of the Company, and any
individual who shall hereafter succeed to any such director or officer of the
Company designated in writing by the Company, each of them individually, with
full power of substitution, to vote the Shares in accordance with Section 1.1
hereof.  This proxy is coupled with an
interest and shall be irrevocable for so long as this Agreement is in effect,
and the Stockholders will take such further action or execute such other
instruments as may be necessary to effectuate the intent of this proxy and
hereby revoke any proxy previously granted by either Stockholder with respect
to the Shares.

 

ARTICLE II

 

MISCELLANEOUS

 

2.1           Termination.  This Agreement shall terminate and no party
shall have any rights or duties hereunder if this Agreement is terminated in
accordance with the terms of this Section 2.1.  Either the Company or the Stockholders may
terminate this Agreement on or after the date of termination of the Asset
Purchase Agreement in accordance with its terms.  In addition, Stockholders may at their option
terminate this Agreement by giving written notice to the Company if the Asset
Purchase Agrteement has not been consummated by October 5, 2005. Nothing
in this Section 2.1 shall relieve or otherwise limit any party of
liability for breach of this Agreement.

 

2.2           Furrther Assurances.  From time to time, at the other party’s
request and without further consideration, each party shall execute and deliver
such additional documents and take all such further action as may be necessary
or desirable to consummate the transactions contemplated by this Agreement.

 

2.3           Interpretation.  The words “hereof,” “herein” and “hereunder”
and words of similar import when used in this Agreement shall refer to this
Agreement as a whole and not to any particular provision of this Agreement, and
Section references are to this Agreement unless otherwise specified.  Whenever the words “include,” “includes” or “including”
are used in this Agreement, they shall be deemed to be followed by the words “without
limitation.” The headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of
this Agreement.  No provision of this
Agreement shall be construed

 

2

 

to
require the Company the Stockholders or any of their respective Subsidiaries or
affiliates to take any action which would violate any applicable law (whether
statutory or common), rule or regulation.

 

2.4           Counterparts.  This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement and
shall become effective when one or more counterparts have been signed by each
of the parties and delivered to the other party, it being understood that both
parties need not sign the same counterpart.

 

2.5           Entire Agreement.  This Agreement (together with the Acquisition
Agreement, to the extent referred to herein) constitutes the entire agreement
and supersedes all prior agreements and understandings, both written and oral,
between the parties with respect to the subject matter hereof.

 

2.6           Governing Law.  This Agreement shall be governed and
construed in accordance with the laws of the State of Delaware applicable to
contracts made and performed entirely within such State.

 

2.7           Amendment.  This Agreement may not be amended except by
an instrument in writing signed on behalf of each of the parties hereto.

 

2.8           Enforcement.  The parties agree that irreparable damage
would occur in the event that any of the provisions of this Agreement were not
performed in accordance with their specific terms.  It is accordingly agreed that the parties
shall be entitled to specific performance of the terms hereof, this being in
addition to any other remedy to which they are entitled at law or in equity.  Each of the parties further agrees to waive
any requirements for the securing or posting of any bond in connection with
obtaining any such equitable relief.

 

2.9           Severability.  Any term or provision of this Agreement which
is determined by a court of competent jurisdiction to be invalid or
unenforceable in any jurisdiction shall, as to that jurisdiction, be
ineffective to the extent of such invalidity or unenforceability without
rendering invalid or unenforceable the remaining terms and provisions of this
Agreement or affecting the validity or enforceability of any of the terms or
provisions of this Agreement in any other jurisdiction, and if any provision of
this Agreement is determined to be so broad as to be unenforceable, the
provision shall be interpreted to be only so broad as is enforceable, in all
cases so long as neither the economic nor legal substance of the transactions
contemplated hereby is affected in any manner materially adverse to any party
or its stockholders or limited partners. 
Upon any such determination, the parties shall negotiate in good faith
in an effort to agree upon a suitable and equitable substitute provision to
effect the original intent of the parties.

 

2.10         Assignment; Third
Party Beneficiaries.  Neither this
Agreement nor any of the rights, interests or obligations of any party
hereunder shall be assigned by any of the parties hereto (whether by operation
of law or otherwise) without the prior written consent of the other party.  Subject to the preceding sentence, this Agreement
will be binding upon, inure to the benefit of and be enforceable by the parties
and their respective successors and permitted assigns.  This Agreement is not intended to confer upon
any person other than the parties hereto any rights or remedies hereunder.

 

3

 

IN WITNESS WHEREOF, the Company and the Stockholders
have each caused this Agreement to be signed by their respective officers or
other authorized persons thereunto duly authorized as of the date first written
above.

 

	
   

  	
  FISCHER IMAGING CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Steven L. Durnil

  
	
   

  	
   

  	
  Name: 

  	
  Steven L. Durnil

  
	
   

  	
   

  	
  Title: 

  	
  CEO

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  ROBERT L. NIELDS TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Francis Coolidge

  
	
   

  	
   

  	
  Name:

  	
  Francis Coolidge

  
	
   

  	
   

  	
  Title:

  	
  Co-Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Morgan W. Nields

  
	
   

  	
   

  	
  Name:

  	
  Morgan W. Nields

  
	
   

  	
   

  	
  Title:

  	
  Co-Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  FLORENCE WESSON NIELDS TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Francis Coolidge

  
	
   

  	
   

  	
  Name:

  	
  Francis Coolidge

  
	
   

  	
   

  	
  Title:

  	
  Co-Trustee

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
    /s/ Morgan W. Nields

  
	
   

  	
   

  	
  Co-Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
    /s/ Morgan W. Nields

  
	
   

  	
   

  	
  Morgan W. Nields

  
							

 

4

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