Document:

Amend. #2 to Employment Agreement with CFO

 Exhibit 10.31 
  
 AMENDMENT #2 TO 
 MEDSTONE INTERNATIONAL, INC. 
 EMPLOYMENT AGREEMENT 
 Chief Financial Officer 
 (Mark Selawski) 
  
 This Amendment to Employment Agreement (the Amendment) is entered into
effective November 6, 2003 (the Effective Date), by and between Medstone International, Inc., a Delaware corporation (Medstone) and Mark Selawski (Employee) in order to secure his continued services. 
  
 RECITALS 
  
 A.    Medstone and Employee have executed an Employment Agreement (the Agreement) effective
August 13, 2002, and amended effective July 24, 2003, pursuant to an Amendment #1 which extended the term of the Agreement to December 31, 2003. 
  
 B.    Medstone and Employee desire to amend the Employment Agreement to change certain provisions thereof and to extend the term
thereof. 
  
 AGREEMENT 
  
 The parties to this Amendment hereby agree to amend the Agreement as
follows: 
  

	 	1.	Section 3 of the Agreement shall be amended to read in full as follows: 

  

	 	    	“Unless earlier terminated in accordance with Section 6, the term of Employee’s employment by Medstone under this Agreement shall commence on the Commencement Date and
shall continue until June 30, 2004.” 

  

	 	2.	Section 6(c) of the Agreement shall be amended to read in full as follows: 

  

	 	    	“If during the term of Employee’s employment hereunder either (i) Employee’s employment is terminated by Medstone without Good Cause or (ii) there is an Acquisition
and at or after the date of the Acquisition Employee’s employment is terminated for any reason (including a voluntary termination by Employee), then Employee shall receive: (x) a severance payment equal to one (1) times the amount of
Employee’s then current annual base salary; provided however that Employee shall not receive such severance payment if while employed under this Agreement, Employee enters into a written employment agreement governing the terms of
Employee’s employment after the closing of the Acquisition with the buying or surviving party or any of its affiliates in the Acquisition and such written employment agreement expressly supercedes the provisions 

  
  

	 	    	of this Section 6(c); and (y) payment of, or reimbursement to Employee for, amounts paid to exercise Employee’s COBRA benefits for Employee and his dependants; provided however
that Medstone’s obligation to pay or reimburse Employee for such amounts shall cease on the earlier of (a) that date which is twelve months following the date of termination of employment or (b) such time as Employee is covered under a health
insurance policy. Any such severance payment shall be paid fully in cash to Employee on the date of termination of employment. As used in this paragraph, an “Acquisition” means (1) a reorganization, merger or consolidation as a result of
which Medstone is not the surviving corporation or as a result of which the outstanding shares of stock of Medstone are changed into or exchanged for cash, property or securities not of Medstone’s issue, except for a merger or consolidation
with a wholly-owned subsidiary of Medstone or a transaction effected primarily to change the state of Medstone’s incorporation or (2) a sale or other transfer in one or a series of transactions of all or substantially all of the assets of
Medstone to any person or entity or to persons or entities which are affiliated or acting in concert with respect to such sale or transfer. Notwithstanding the foregoing, Employee shall not be entitled to any payments as provided in Section 6(c)(ii)
if Employee is terminated by reason of his commission of a material act of fraud, embezzlement or misappropriation with respect to Medstone or the buying party or its affiliates.” 

  

	 	3.	Except as amended hereby, the Agreement remains in full force and effect. 

  
 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first set forth above. 
  

	 Medstone International, Inc.,
 A Delaware corporation
	 	 	 	 Employee

					
	By:	 	 	 	 	 	By:	 	 
	 	
	 	 	 	 	

	 	 	 David V. Radlinski,
 Chairman and CEO
	 	 	 	 	 	 Mark SelawskiAmend. #2 to Employment Agreement with Exec. VP

 Exhibit 10.32 
  
 AMENDMENT #2 TO 
 MEDSTONE INTERNATIONAL, INC. 
 EMPLOYMENT AGREEMENT 
 Executive Vice President of Sales and Marketing 
 (Eva Novotny) 
  
 This Amendment to Employment Agreement (the Amendment) is entered into
effective November 6, 2003 (the Effective Date), by and between Medstone International, Inc., a Delaware corporation (Medstone) and Eva Novotny (Employee) in order to secure her continued services. 
  
 RECITALS 
  
 C.    Medstone and Employee have executed an Employment Agreement (the Agreement) effective
August 13, 2002, and amended July 24, 2003, pursuant to an Amendment #1 which extended the term of the Agreement to December 31, 2003. 
  
 D.    Medstone and Employee desire to amend the Employment Agreement to change certain provisions thereof and to extend the term
thereof. 
  
 AGREEMENT 
  
 The parties to this Amendment hereby agree to amend the Agreement as
follows: 
  

	 	4.	Section 3 of the Agreement shall be amended to read in full as follows: 

  

	 	    	“Unless earlier terminated in accordance with Section 6, the term of Employee’s employment by Medstone under this Agreement shall commence on the Commencement Date and
shall continue until June 30, 2004.” 

  

	 	5.	Section 6(c) of the Agreement shall be amended to read in full as follows: 

  

	 	    	“If during the term of Employee’s employment hereunder either (i) Employee’s employment is terminated by Medstone without Good Cause or (ii) there is an Acquisition
and at or after the date of the Acquisition Employee’s employment is terminated for any reason (including a voluntary termination by Employee), then Employee shall receive: (x) a severance payment equal to one (1) times the amount of
Employee’s then current annual base salary; provided however that Employee shall not receive such severance payment if while employed under this Agreement, Employee enters into a written employment agreement governing the terms of
Employee’s employment after the closing of the Acquisition with the buying or surviving party or any of its affiliates in the Acquisition and such written employment agreement expressly supercedes the provisions of this Section 6(c); and (y)
payment of, or reimbursement to Employee for, amounts paid to exercise Employee’s COBRA benefits for Employee 

  
  

	 	    	and her dependants; provided however that Medstone’s obligation to pay or reimburse Employee for such amounts shall cease on the earlier of (a) that date which is twelve months
following the date of termination of employment or (b) such time as Employee is covered under a health insurance policy. Any such severance payment shall be paid fully in cash to Employee on the date of termination of employment. As used in this
paragraph, an “Acquisition” means (1) a reorganization, merger or consolidation as a result of which Medstone is not the surviving corporation or as a result of which the outstanding shares of stock of Medstone are changed into or
exchanged for cash, property or securities not of Medstone’s issue, except for a merger or consolidation with a wholly-owned subsidiary of Medstone or a transaction effected primarily to change the state of Medstone’s incorporation or (2)
a sale or other transfer in one or a series of transactions of all or substantially all of the assets of Medstone to any person or entity or to persons or entities which are affiliated or acting in concert with respect to such sale or transfer.
Notwithstanding the foregoing, Employee shall not be entitled to any payments as provided in Section 6(c)(ii) if Employee is terminated by reason of her commission of a material act of fraud, embezzlement or misappropriation with respect to Medstone
or the buying party or its affiliates.” 

  

	 	6.	Except as amended hereby, the Agreement remains in full force and effect. 

  
 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first set forth above. 
  

	 Medstone International, Inc.,
 A Delaware corporation
	 	 	 	 Employee

					
	By:	 	 	 	 	 	By:	 	 
	 	
	 	 	 	 	

	 	 	 David V. Radlinski,
 Chairman and CEO
	 	 	 	 	 	 Eva NovotnyAmend. #1 to Loan Documents, dated 08/21/2003

 EXHIBIT 10.1 
  
 [LOGO] 
  
 AMENDMENT NO. 1 TO LOAN DOCUMENTS 
  
 This Amendment No. 1 (the “Amendment”) dated as of August 21, 2003, is between Bank of America, N A. (“Lender”) and
Newport Corporation (“Borrower”). 
  
 RECITALS

  
 A. Borrower has executed various documents
concerning credit extended by the Lender, including, without limitation, the following documents (the “Loan Documents”): 
  
 1. A certain Loan Agreement dated as of September 25, 2002 (together with any previous amendments, the “Loan
Agreement”). 
  
 2. A
certain Promissory Note dated as of September 25, 2002 in the original principal amount of $5,000,000.00 (together with any previous amendments, the “Note”). 
  
 B. Lender and Borrower desire to amend the Loan Documents. 
  
 AGREEMENT 
  
 1. Definitions. Capitalized terms used but not defined in this Amendment shall have the meaning given
to them in the Loan Documents. 
  
 2.
Amendments to Loan Agreement. The Loan Agreement is hereby amended as follows: 
  

	 	(a)	 In the paragraph 1.1 (c) of the Exhibit to Loan Agreement entitled “Availability Period,” the date “September 1, 2003” is
changed to “December 1, 2003”. 

  
 3. Amendments to Note. The Note is hereby amended as follows: 
  

	 	(a)	 In the paragraph entitled “Payment,” the date “September 1, 2003” is changed to “December 1, 2003”.

  
 4. Representations and
Warranties. When Borrower signs this Amendment, Borrower represents and warrants to Lender that: (a) there is no event which is, or with notice or lapse of time or both would be, a default under the Loan Documents except those events, if any,
that have been disclosed in writing to Lender or waived in writing by Lender, (b) the representations and warranties in the Loan Documents are true as of the date of this Amendment as if made on the date of this Amendment, (c) this Amendment does
not conflict with any law, agreement, or obligation by which Borrower is bound, and (d) this Amendment is within Borrower’s powers, has been duly authorized, and does not conflict with any of Borrower’s organizational papers. 

 
 5. Effect of Amendment. Except as provided in this
Amendment, all of the terms and conditions of the Loan Documents shall remain in full force and effect. 
  
 6. Counterparts. This Amendment may be executed in counterparts, each of which when so executed shall be deemed an original, but
all such counterparts together shall constitute but one and the same instrument. 
  

 1 

 7. FINAL AGREEMENT. BY SIGNING THIS DOCUMENT EACH PARTY REPRESENTS AND AGREES
THAT: (A) THIS DOCUMENT REPRESENTS THE FINAL AGREEMENT BETWEEN PARTIES WITH RESPECT TO THE SUBJECT MATTER HEREOF, (B) THIS DOCUMENT SUPERSEDES ANY COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS RELATING TO THE SUBJECT
MATTER HEREOF, UNLESS SUCH COMMITMENT LETTER, TERM SHEET OR OTHER WRITTEN OUTLINE OF TERMS AND CONDITIONS EXPRESSLY PROVIDES TO THE CONTRARY, (C) THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES, AND (D) THIS DOCUMENT MAY NOT BE
CONTRADICTED BY EVIDENCE OF ANY PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OR UNDERSTANDINGS OF THE PARTIES. 
  
 This Amendment is executed as of the date stated at the beginning of this Amendment. 
  

	 Borrower:
  
 Newport Corporation
	 	 	 	 Lender:
  
 Bank of America, N.A.

					
	By	 	/s/ William R. Abbott	 	 	 	By	 	/s/ Cynthia K. Goodfellow
	 	
	 	 	 	 	

	 	 	 William R. Abbott, Vice President of Finance
 and Treasurer
	 	 	 	 	 	 Cynthia K. Goodfellow, Vice President

  

	 
		
	By	 	/s/ Jeffrey B. Coyne
	 	

	 	 	 Jeffrey B. Coyne, Vice President
 and General Counsel

  

 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00058-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00058-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00058-of-00352.parquet"}]]