Document:

Amendment No. 1 to Note Purchase Agreement

 Exhibit 10.25 
 AMENDMENT NO. 1 
 TO 
 CONTINGENT CONVERTIBLE NOTE PURCHASE AGREEMENT 
 This Amendment No. 1 to
Contingent Convertible Note Purchase Agreement (this “Amendment”) is made and entered into as of this 30th day of June, 2004 by and between Diedrich Coffee, Inc., a Delaware corporation (the “Company”), and Sequoia
Enterprises, L.P., a California limited partnership (“Lender”). 
 RECITALS 
 A. On May 10, 2004, Company and Lender entered into that certain Contingent Convertible Note Purchase Agreement (the “Note Purchase
Agreement”) pursuant to which Lender agreed to loan to the Company an aggregate principal amount of up to $5,000,000 on the terms and conditions set forth in the Note Purchase Agreement. 
 B. The parties desire to revise the definition of “Availability” set forth in the Note Purchase Agreement and therefore amend the Note Purchase
Agreement on the terms and as provided in this Amendment. 
 AGREEMENT 
 In consideration of the foregoing recitals, the parties agree as follows: 
 1. Definitions. Capitalized terms not otherwise defined in this Amendment shall have the meanings given to them in the Note Purchase Agreement. 
 2. Revised Definition of Availability. The definition of “Availability” set forth in Section 1.1 of the Note Purchase Agreement
shall be deleted in its entirety and replaced with the following: 
 “Availability” means, on any date, the Loan Amount, less
the sum of the principal amount of all Notes outstanding under this Agreement. 
 3. Express Changes Only. The parties hereto intend
to amend the Note Purchase Agreement only as set forth herein, and the parties hereto agree that, except as expressly amended hereby, all other terms and conditions of the Note Purchase Agreement are hereby ratified and confirmed and shall remain in
full force and effect. 
 4. Authority. Each of the parties hereto represents and warrants that it has the authority to enter into
this Amendment. This Amendment has been carefully read by, the contents hereof are known and understood by, and it is signed freely by, each person executing this Amendment. 
 5. Independent Legal Advice. Each of the parties hereto has received independent legal advice from attorneys of its or his own choice, with
respect to the advisability of entering into this Amendment. Each party, together with its attorneys, has made such investigation of the facts pertaining to the matters set forth herein and this Amendment, and of all the matters pertaining thereto,
as it deems necessary. 
 6. Governing Law. This Amendment shall be governed by, and construed, interpreted and enforced in accordance
with, the laws of the State of California without regard to conflict of laws principles. 
 7. Counterparts. This Amendment may be
executed in any number of counterparts, each of which will be deemed an original, but all of which together will constitute one instrument. Signatures transmitted electronically or by facsimile will be deemed original signatures; provided that the
party delivering such electronic or facsimile signature shall deliver to the other an original signature page as soon thereafter as practicable. 

 IN WITNESS WHEREOF, the parties have executed and delivered this Amendment as of the date first written
above. 
  

			
	COMPANY:
	
	DIEDRICH COFFEE, INC.
		
	By:	 	/s/ Roger M. Laverty
		 	 Roger M. Laverty
 Chief Executive
Officer

		
	By:	 	/s/ Martin A. Lynch
		 	 Martin A. Lynch
 Chief Financial Officer

	
	LENDER:
	
	SEQUOIA ENTERPRISES, L.P.
		
	By:	 	/s/ Paul Heeschen
		 	 Paul Heeschen
 General PartnerCompensation  Arrangement

 Exhibit 10.01 
 Compensation Arrangements between Flextronics International Ltd. and Michael McNamara, Thomas J. Smach and Peter Tan 
 Bonus Targets

 On April 17, 2006, the Compensation Committee of the Board of Directors of Flextronics International Ltd. approved bonus targets for fiscal
year 2007 for Michael McNamara, Chief Executive Officer of the company, and Thomas J. Smach, Chief Financial Officer of the company. 
 The Committee
approved a bonus for Mr. McNamara of up to a maximum of 300% of base salary. The maximum cash payout to Mr. McNamara will be limited to 200% of base salary; any additional payments will be contributed on a fully-vested basis to his
deferral account under the terms of the Flextronics International USA, Inc. Amended and Restated 2005 Senior Executive Deferred Compensation Plan, a copy of which was filed as Exhibit 10.01 to our December 23, 2005 Report on Form 8-K.

 The Committee approved a bonus for Mr. Smach of up to a maximum of 200% of base salary. 
 The actual bonus paid, if any, to Messrs. McNamara and Smach will be based upon achievement of quarterly and annual EPS targets. The Committee considered a report
provided by an independent executive compensation and benefits consultant when approving the bonus targets. 
 Named Executive Officer Compensation

 On April 17, 2006, the Compensation Committee also approved a base salary of US$400,000 and bonus of up to a maximum of 150% of base salary
for Peter Tan, a named executive officer. The actual bonus paid, if any, to Mr. Tan will be based upon achievement of quarterly and annual EPS targets.Employment Agreement

 Exhibit 10.1 
 April 18, 2006 
 Mr. Ray C. Thousand 
 3017 Rivoli 
 Newport Beach, CA 92657 
  

	 	Re:	Employment Agreement 

 Dear Mr. Thousand: 
 This letter agreement and attachments hereto (collectively the “Agreement”) set forth the terms and conditions of your employment with United PanAm
Financial Corp. (“Employer”). By signing this Agreement, you will be agreeing to these terms. It is important that you understand clearly both what your benefits are and what is expected of you by Employer. The effective date of
this Agreement (the “Effective Date”) shall be as of December 8, 2005, and will replace your previous agreement. 
  

	1.	Term. This Agreement shall have a term of five (5) years, commencing as of the Effective Date (the “Term”). Where used herein, “Term” shall
refer to the entire period of your employment by Employer from and after the Effective Date, whether for the period provided above or as extended or terminated earlier as hereinafter provided. 

  

	2.	Duties. You shall hold the office of President and Chief Executive Officer of Employer, and President and Chief Executive Officer of Employer’s automobile finance
subsidiary, United Auto Credit Corporation (“UACC”). You shall perform the duties customarily performed by individuals holding a similar title with other financial institutions or as otherwise may be agreed upon by Employer and you
from time to time. You shall report directly to the Chairman of the Board of Directors of Employer. During the Term hereof, you shall perform the services herein contemplated faithfully, diligently and to the best of your ability in compliance with
instructions and policies of Employer’s Board of Directors, Employer’s charter documents and Bylaws and with all applicable laws and regulations. 

  

	3.	Compensation. 

  

	 	a)	Base Salary. For your service rendered to Employer and it affiliates, including UACC, during the Term hereof, Employer shall pay or cause to be paid a base salary to you at
the rate of $350,000 per annum from December 8, 2005 to December 7, 2006, $375,000 per annum from December 8, 2006 to December 7, 2007, $400,000 per annum from December 8, 2007 to December 7, 2008, $425,000 per annum
from December 8, 2008 to December 7, 2009, and $450,000 per annum from December 8, 2009 to December 7, 2010 payable in conformity with Employer’s normal payroll periods and procedures. 

  

	 	b)	 Bonus. In addition to the base salary provided for under Section 3(a) above, you shall be entitled to annual bonus compensation in accordance with the
incentive compensation formula set forth in Exhibit A to this Agreement. Among other things, the incentive compensation formula establishes certain performance criteria and 

	 	 
volume objectives by which the amount of your bonus compensation, if any, is to be determined. Your bonus shall be payable based on a calendar year and shall
be due within 60 days of the end of each such year. Any bonus due for any partial year as provided in this Agreement shall also be paid within 60 days of the end of the calendar year in which the event giving rise to such partial payment occurs.

  

	 	c)	Automobile Allowance. You shall receive during the Term of this Agreement an automobile allowance of Two Hundred Dollars ($200) per month. 

  

	 	d)	Options. Pursuant to that certain Non-Qualified Stock Option Agreement dated as of March 23, 2006 between Employer and you, you have been granted options to purchase
300,000 shares of common stock. 

  

	4.	Other Benefits. During the Term hereof and unless otherwise agreed to by Employer and you: 

  

	 	a)	Vacation. You shall be entitled to a total of four (4) weeks paid vacation, the amount and term of which shall be determined in accordance with the policies of Employer
as in effect from time to time. 

  

	 	b)	Group Medical, Life Insurance and Other Benefits. You will be eligible for the medical, dental, vision, life insurance and long-term disability plans that are generally
applicable to your employment classification. 

  

	5.	Business Expenses. You shall be entitled to reimbursement by Employer for any and all ordinary and necessary business expenses reasonably incurred by you in the performance
of your duties and in acting for Employer during the Term of this Agreement, provided that you furnish to Employer adequate records and other documentation as may be required for the substantiation of such expenditures as a business expense of
Employer. 

  

	6.	Termination. 

  

	 	a)	Termination for Cause. Employer may for cause terminate your employment at any time during the Term of this Agreement. In such event, all of your rights under this Agreement
shall terminate and you shall have no right to receive compensation, and other benefits shall cease for any period after the effective date of such termination for cause. Any bonus compensation otherwise accrued shall be forfeited. Termination for
“cause” shall be defined as your personal dishonesty, willful misconduct, breach of fiduciary duty or duty of loyalty, continuing intentional or habitual failure to perform stated duties, violation of any law (other than minor
traffic violations or similar misdemeanor offenses), rule or regulation adopted by any regulatory agency with jurisdiction over Employer, any judgment, ruling or decree by any court of competent jurisdiction or administrative body that precludes or
impairs your ability to perform the services contemplated by this Agreement or any material breach by you of any provision of this Agreement. 

  

	 	b)	 Termination Without Cause. Employer may terminate your employment without cause at any time during the Term of this Agreement. In the event that Employer
terminates your employment without cause, you shall be entitled to receive as severance compensation an amount as provided in Exhibit B. The severance payment under this Section 6(b) shall be provided in a lump sum or, at your election, in
equal monthly installments for a period not to exceed twelve (12) months from the date of 

	 	 
termination. This payment shall be in lieu of any and all other compensation due under this Agreement unless previously vested or earned, except the amount
of any bonus compensation payable to you under Section 3(b) hereof shall be prorated through the date of termination. 

  

	 	c)	Compliance with Law and Regulation. You and Employer expressly acknowledge and agree that any payments made to you pursuant to this Agreement or otherwise are subject to and
conditioned upon compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder. 

  

	 	d)	Disability. In the event that you shall fail, because of illness, incapacity or injury, to render the services contemplated by this Agreement for three (3) consecutive
calendar months, or for shorter periods aggregating four (4) months in any twelve (12) month period, your employment hereunder may be terminated by written notice from Employer to you. In the event that your employment is terminated under
this Section 6(d), you shall receive the difference between any disability payments provided through insurance plans offered by Employer, if any, provided you have enrolled in such plans and paid the cost thereof, and your base salary as set
forth in Section 3(a) hereof, for six months after notice from Employer, plus the amount of any bonus compensation payable to you under Section 3(b) hereof prorated through the date of termination. Such termination shall not affect any
rights which you may have pursuant to any insurance or other death benefit, or any stock option plans, or options vested thereunder, which rights shall continue to be governed by the provisions of such plans and arrangements.

  

	 	e)	Death. If your employment is terminated by reason of your death, this Agreement shall terminate without further obligations of Employer to you (or your heirs or legal
representatives) under this Agreement, other than for payment of: (i) your base salary (as set forth in Section 3(a) hereof) through the date of termination; (ii) the amount of any bonus compensation payable to you under
Section 3(b) above prorated through the date of termination; (iii) any compensation previously deferred by you; (iv) any accrued vacation and/or sick leave pay; and (v) any amounts due pursuant to the terms of any applicable
welfare benefit plan. All of the foregoing amounts (other than any prorated bonus compensation) shall be paid to your estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) days after the date of termination or earlier
as required by applicable law. 

  

	7.	Disclosure or Use of Employer’s Trade Secrets. During the Term hereof, you will have access to and become acquainted with what you and Employer acknowledge are trade
secrets or confidential or proprietary information of Employer (including but not limited to products, employees, practices, policies or process). You shall not use or disclose any trade secrets, confidential or proprietary information, directly or
indirectly, or cause them to be used or disclosed in any manner, except as may be required or requested by Employer, by court order or under applicable law or regulation. This paragraph shall survive the termination of this Agreement.

  

	8.	 Return of Documents. You expressly agree that all manuals, documents, files, reports, studies or other materials used and/or developed by you for Employer
during the Term of this Agreement or prior thereto while you were employed by Employer are solely the property of 

	 	 
Employer, and that you have no right, title or interest therein. Upon termination of this Agreement, you or your representative shall promptly deliver
possession of all such materials (including any copies thereof) to Employer. 

  

	9.	Notices. All notices, demands or other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered in person, or sent by United
States mail, certified or registered, with return receipt requested, if to you, addressed to you at your last residence address as shown in the records of Employer, and if to Employer, addressed to the Chairman of Employer at Employer’s
principal office. 

  

	10.	Governing Law and Jurisdiction. This Agreement, the legal relations between the parties and any action instituted by any party arising under or in connection with this
Agreement, shall be governed by and interpreted in accordance with the laws of the State of California. 

  

	11.	Arbitration. Any dispute, controversy or claim arising out of or in respect of this Agreement (or its validity, interpretation or enforcement), the employment relationship or
the subject matter hereof shall at the request of either party be submitted to and settled by arbitration conducted at a mutually convenient office of JAMS. Employer and you may agree on a retired judge from the JAMS panel. If we are unable to agree
upon a retired judge, JAMS will provide a list of three available judges and each party may strike one. If two of the three judges are stricken, the remaining judge will serve as arbitrator. If two arbitrators remain, the first judge listed shall
serve as arbitrator. Employer and you agree that arbitration must be initiated within two years after the claimed breach occurred and that the failure to initiate arbitration within the two-year period constitutes an absolute bar to the institution
of any new proceedings related to such alleged breach. The aggrieved party can initiate arbitration by sending written notice of any intention to arbitrate by registered or certified mail to all parties and to JAMS. The notice must contain a
description of the dispute, the amount involved and the remedy sought. The prevailing party in such proceeding will be entitled to the reasonable attorneys’ fees and expenses of counsel and costs incurred by reason of such arbitration.

  

	12.	Benefit of Agreement. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns; provided,
however, that you may not assign any interest in this Agreement without the prior written consent of Employer. 

  

	13.	Captions. Captions and paragraph heading used in this Agreement are for convenience only and shall not be used in interpreting this Agreement. 

  

	14.	Entire Agreement. This Agreement contains the entire agreement of the parties with respect to your employment by Employer, and it expressly supersedes any and all other
agreements, either oral or written, relating thereto. 

  

	15.	Severability. Should any provision of this Agreement for any reason be declared invalid, void or unenforceable by a court of competent jurisdiction, the validity and binding
effect of any remaining portions of this Agreement shall remain in full force and effect as if this Agreement had been executed with such invalid, void or unenforceable provisions eliminated; provided, however, that the remaining provisions still
reflect the intent of the parties to this Agreement. 

  

	16.	Amendments. This Agreement may not be amended or modified except by a written agreement signed by you, the Chairman of the Compensation Committee and the Chairman of
Employer. This Agreement and any amendment thereof may be executed in counterparts. 

	17.	Non-Solicitation. You agree that for a period of one year after the termination of employment you will not, except in the case of termination pursuant to Section 6(b)
hereof, directly or indirectly, call on any of the customers of Employer for the purpose of soliciting or inducing any of such customers to acquire (or providing to any of such customers) any product or service provided by Employer, nor will you in
any way, directly or indirectly, as agent or otherwise, in any other manner solicit, influence or encourage such customers to take away or to divert or direct their business to you or any other person or entity by or with which you are employed,
associated, affiliated or otherwise related. 

  

	18.	Employees. You agree that for a period of two years after the termination of employment, you will not, except in the case of termination pursuant to Section 6(b) hereof,
directly or indirectly, disrupt, damage, impair, or interfere with Employer’s business by soliciting, influencing, encouraging or recruiting any employee of Employer to work for you or any other person or entity. 

 We look forward to your continued successful association with us. In order to confirm your agreement with and acceptance of the terms and conditions set
forth above, please sign and date one copy of this Agreement where indicated below and return it to my office. The other copy is for your records. 
 Very
truly yours, 
  
 /s/ Mitchell Lynn 
 Mitchell Lynn 
 Chairman of the Compensation Committee 
  
 /s/ Guillermo Bron 
 Guillermo Bron 
 Chairman of United PanAm Financial Corp. 
 I agree to the terms of employment set forth in this Agreement subject to approval of the Board of Directors of United PanAm Financial Corp. 
  

					
		 		 	
			
	/s/ Ray Thousand	 		 	4/18/06
	Ray Thousand	 		 	Date

 EXHIBIT A 
 Bonus Calculations 
 GOALS 
 Annual Financial goals (“Plan”), including metrics based upon: 
 Pre Tax Profit 
 Annual Volume 
 Average Delinquency 
 Average Net Charge Off % 
 Shall be determined and mutually agreed and
approved by Board of Directors. Such Plan shall be finalized by January of each year for the following calendar year and will reflect the same goals established for the rest of the organization. 
 BONUS 
 Bonus will be
calculated as follows: 
 Year 1 
 25% of base salary if pre-tax profit of 85% of Plan is achieved and at least two of the other three goals are met. 
 50% of base salary if pre-tax profit of 90% of Plan is achieved and all goals are met. 
 75% of base salary if pre-tax profit of 95% of Plan is achieved and all goals are met. 
 100% of base salary if pre-tax profit of 100% of Plan is achieved and all goals are met. 
 The bonus calculation, including the amounts to be used for the goals as set forth above, shall be mutually agreed upon in years 2 through 5 based on the approved budget
for Employer. 
 Attainment of goals/bonus assumes that there are no material changes in policy by Employer that might materially affect or limit the
Business Plan. If any material changes in policy are made by Employer, and not concurred in by you, then goals and bonus calculation will be adjusted accordingly upon mutual agreement of the parties. 
 ADDITIONAL BONUS 
 Up to 20% of base salary as a discretionary
bonus determined at the sole discretion of the Board of Directors based upon criteria to be established by the Compensation Committee at the beginning of each year of this Agreement. 

 EXHIBIT B 
 Severance Compensation 
 Upon Termination Without Cause 
 Pursuant to 6(b) 
 If termination occurs during the
first four years of the Term, the payment shall be equal to twelve (12) months salary at the then current base salary, plus prorated bonus through the date of termination. 
 If termination occurs in the fifth year, the amount paid shall be the actual amount of base salary remaining to be paid to the end of the Term, plus prorated bonus through the date of termination.

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