Document:

EX-10.85

Exhibit 10.85

TENTH AMENDMENT TO 

AMENDED AND RESTATED CREDIT AGREEMENT 

This Tenth Amendment to Amended and Restated Credit Agreement (this “Amendment”) is
dated as of November 30, 2006 (the “Amendment Closing Date”) and entered into by and among
Bank of America, N.A., as lender (the “Lender”), with offices at 55 South Lake Avenue,
Suite 900, Pasadena, California 91101, and Meade Instruments Corp., a Delaware corporation, Simmons
Outdoor Corp., a Delaware corporation, and Coronado Instruments, Inc., a California corporation
(such entities being referred to hereinafter each individually as a “Borrower” and
collectively, the “Borrowers”).

WHEREAS, the Lender and the Borrowers have entered into that certain Amended and Restated
Credit Agreement dated as of October 25, 2002 (as amended, restated or modified from time to time,
the “Agreement”); and

WHEREAS, in order to avoid any default related to the filing of the Borrowers’ annual and
quarterly reports as set forth in the Agreement, the Borrowers have requested that the Lender amend
the Agreement in certain respects and the Lender has agreed to such amendments pursuant to the
terms and conditions provided herein.

NOW, THEREFORE, in consideration of the mutual conditions and agreements set forth in the
Agreement and this Amendment, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby
agree as follows:

ARTICLE I

Definitions

Section 1.01. Definitions. Capitalized terms used in this Amendment, to the extent
not otherwise defined herein, shall have the same meanings as in the Agreement, as amended hereby.

ARTICLE II

Amendments

Section 2.01. Amendment of Section 5.2(b). Solely with respect to the fiscal quarter
of the Borrower ending August 31, 2006, the text “forty-five (45) days after the end of each fiscal
quarter” set forth in Section 5.2(b) of the Agreement that was previously amended, is now
amended to read “the earlier to occur of December 15, 2006 or twenty (20) days after the delivery
of the 10K for the Fiscal Year ending February 28, 2006”. Section 5.2(b) shall remain
unchanged with respect to all other fiscal quarters of the Borrower ending thereafter.

ARTICLE III

Section 3.01. Conditions Precedent. The effectiveness of this Amendment is subject to
the satisfaction of the following conditions precedent:

(i) The representations and warranties contained herein and in the Agreement, as
amended hereby, shall be true and correct in all material respects as of the date hereof as
if made on the date hereof, except for such representations and warranties limited by their
terms to a specific date;

(ii) The Borrowers shall have delivered to the Lender an executed original copy of this
Amendment;

(iii) The Borrowers shall have delivered to the Lender executed original copies of each
of the Consents and Reaffirmations attached to this Amendment;

(iv) No Default or Event of Default shall have occurred and be continuing; and

(v) All proceedings taken in connection with the transactions contemplated by this
Amendment and all documentation and other legal matters incident thereto shall be
satisfactory to the Lender in its sole and absolute discretion.

ARTICLE IV

Section 4.01. Acknowledgment. Each Borrower hereby represents and warrants that the
execution and delivery of this Amendment and compliance by such Borrower with all of the provisions
of this Amendment, (i) are within its powers and purposes, (ii) have been duly authorized or
approved by such Borrower, and (iii) when executed and delivered by or on behalf of such Borrower,
will constitute valid and binding obligations of the Borrower, enforceable in accordance with their
terms. Each Borrower reaffirms its obligation to pay all amounts due the Lender under the Loan
Documents in accordance with the terms thereof, as modified hereby.

Section 4.02. Loan Documents Unmodified. Except as otherwise specifically modified by
this Amendment, all terms and provisions of the Agreement and all other Loan Documents, as modified
hereby, shall remain in full force and effect. Nothing contained in this Amendment shall in any
way impair the validity or enforceability of the Loan Documents, as modified hereby or alter,
waive, annul, vary, affect, or impair any provisions, conditions, or covenants contained therein or
any rights, powers, or remedies granted therein. Any lien and/or security interest granted to the
Lender in the Collateral set forth in the Agreement or any other Loan Document is and shall remain
unchanged and in full force and effect and the Agreement and the other Loan Documents shall
continue to secure the payment and performance of all of the Obligations thereunder, as modified
hereby, and the Borrowers’ obligations hereunder.

Section 4.03. Parties, Successors and Assigns. This Amendment shall be binding upon
and shall inure to the benefit of each of the Borrowers, the Lender, and their respective
successors and assigns.

Section 4.04. Counterparts. This Amendment may be executed in one or more
counterparts, each of which when so executed shall be deemed to be an original, but all of which
when taken together shall constitute one and the same instrument. A facsimile signature shall be
deemed effective as an original.

Section 4.05. Headings. The headings, captions and arrangements used in this
Amendment are for convenience only and shall not affect the interpretation of this Amendment.

Section 4.06. Expenses of the Lender. The Borrowers agree to pay on demand (i) all
reasonable costs and expenses incurred by the Lender in connection with the preparation,
negotiation and execution of this Amendment and the other Loan Documents executed pursuant hereto
and any and all subsequent amendments, modifications, and supplements hereto or thereto, including,
without limitation, the costs and fees of the Lender’s legal counsel and the allocated cost of
staff counsel and (ii) all costs and expenses reasonably incurred by the Lender in connection with
the enforcement or preservation of any rights under the Agreement, this Amendment and/or other Loan
Documents, including, without limitation, the reasonable costs and fees of the Lender’s legal
counsel, the allocated cost of staff counsel, and the costs and fees associated with any
environmental due diligence conducted in relation hereto.

Section 4.07. Total Agreement. This Amendment, the Agreement, and all other Loan
Documents shall constitute the entire agreement between the parties relating to the subject matter
hereof, and shall rescind all prior agreements and understandings between the parties hereto
relating to the subject matter hereof, and shall not be changed or terminated orally.

Section 4.08. WAIVER OF JURY TRIAL. TO THE EXTENT PERMITTED BY LAW, EACH OF THE
BORROWERS AND THE LENDER IRREVOCABLY WAIVE THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM
OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AMENDMENT, THE AGREEMENT, THE
OTHER LOAN DOCUMENTS, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING
OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY OR ANY
LENDER-RELATED PERSON OR PARTICIPANT, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR
OTHERWISE. Without limiting the applicability of any other provision of the Credit Agreement, the
terms of Section 12.3 of the Agreement shall apply to this Amendment.

1

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

“BORROWERS”:

MEADE INSTRUMENTS CORP.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

SIMMONS OUTDOOR CORP.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

CORONADO INSTRUMENTS, INC.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

“LENDER”:

BANK OF AMERICA, N.A.

By: /s/ Todd R. Eggertsen

	 	 	 
	 	 	Name: Todd R. Eggertsen	 
	 	 	Title:	 	 	Vice President

2

CONSENTS AND REAFFIRMATIONS

Each of MEADE INSTRUMENTS EUROPE CORP., a California corporation, and MEADE INSTRUMENTS
HOLDINGS CORP., a California corporation, hereby acknowledges the execution of, and consent to, the
terms and conditions of that Tenth Amendment to Amended and Restated Credit Agreement dated as of
November 30, 2006, among MEADE INSTRUMENTS CORP., SIMMONS OUTDOOR CORP., CORONADO INSTRUMENTS, INC.
and BANK OF AMERICA, N.A. (“Creditor”), and reaffirms its obligations under (a) that
certain Continuing Guaranty (the “Guaranty”) dated as of September 24, 2001, made by the
undersigned in favor of the Creditor, and (b) that certain Security Agreement (the “Security
Agreement”) dated as of September, 2001, by and between the undersigned and the Creditor. Each
of the undersigned acknowledges and agrees that each of the Guaranty and the Security Agreement
remain in full force and effect and are hereby ratified and confirmed.

Dated as of November 30, 2006.

MEADE INSTRUMENTS EUROPE CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

	 	 	MEADE INSTRUMENTS HOLDINGS CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

3

CONSENTS AND REAFFIRMATIONS

Each of MTSC HOLDINGS, INC., a California corporation (“MTSC”), MC HOLDINGS,
INC., a California corporation (“MC HOLDINGS”), and MEADE CORONADO HOLDINGS CORP., a
California corporation (“MCHC”), hereby acknowledges the execution of, and consents to, the
terms and conditions of that Tenth Amendment to Amended and Restated Credit Agreement dated as of
November 30, 2006, among MEADE INSTRUMENTS CORP., SIMMONS OUTDOOR CORP., CORONADO INSTRUMENTS, INC.
and BANK OF AMERICA, N.A. (“Creditor”), and reaffirms its obligations under that certain
Continuing Guaranty (the “Guaranty”) dated as of September 24, 2001 executed in favor of
the Creditor and joined by each of the undersigned pursuant to an Instrument of Joinder, dated as
of (i) October 25, 2002 with respect to MTSC and MC HOLDINGS, and (ii) December 1, 2004 with
respect to MCHC (respectively, the “Instrument”). Each of the undersigned acknowledges and
agrees that each of the Guaranty and Instrument remain in full force and effect and are hereby
ratified and confirmed.

Dated as of November 30, 2006.

MTSC HOLDINGS, INC., a California corporation,

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

	 	 	MC HOLDINGS, INC., a California corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 

	 	 	MEADE CORONADO HOLDINGS CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	SVP and CFO
	
 
	 	 
	 
	 	 

4EX-10.1

EXHIBIT 10.1

November 21, 2006

Todd Abbott

[     ]

[     ]

Re: Separation of Employment (Final revised)

Dear Todd:

This letter sets forth the terms and conditions relative to your separation from your employment
with Symbol Technologies, Inc., including its subsidiaries and affiliated corporations and
successors and assigns (“Symbol” or “the Company”).

Your termination from Symbol’s employ will be effective the earlier of (a) the day of the closing
of the acquisition of Symbol by Motorola, Inc., or (b) the date on which Symbol determines this
transaction will not close, but in no event later than March 31, 2007 (the “Termination Date”).
Effective September 19, 2006, you were removed from your current assignment and from any officer,
director or other fiduciary position you hold in respect of your employment with the Company, but
will continue as a regular full time employee of the Company, with your normal salary and all
attendant employee benefits and obligations of a continuing employee. Your status as a regular full
time associate will continue until October 6, 2006, subject to your compliance with all standard
Symbol policies and procedures. During this period , you will handle special projects as assigned
and directed by Symbol’s Chief Executive Officer.

Beginning on October 7, 2006, and continuing through the Termination Date (the “on-call period”),
you will be paid a salary at the rate of $30,000 per month (pro rated for partial months of
service), payable in installments coincident with the Company’s normal payroll cycles, less
applicable taxes and all other deductions as may be required by law or which have been previously
authorized.  During this period, you will be considered an “on call” employee, and you agree to
make yourself available for telephone and in person consultations with Company officials as
required, although you will not be reporting to the Company’s offices except as directed.  You
agree to diligently perform all of your duties and responsibilities and to continue to serve the
Company in a fully professional and competent manner as required.

During the on-call period, you will not be eligible to participate in any of the Company’s employee
benefit plans, except that your coverage in the Company’s group health insurance plan (medical,
dental and vision only) will continue at normal contribution rates for yourself and your eligible
dependents.  In addition, during the on-call period, any 2006 deferral election you have made under
the Company’s deferred compensation plan will remain in effect through the Termination Date, or
December 31, 2006, whichever date is earlier.

During the on-call period, you will not accrue any vacation, will not be eligible to participate in
the Company’s 401k plan (and thus not be eligible for any matching contributions, except matching
contributions for calendar year 2006 up until October 6th will be paid), will not be
covered by the Company’s life insurance and disability benefit plans, and you will not be eligible
to participate in the Company’s bonus plan or receive any Company contributions under any deferred
compensation program. However, your unvested stock options will continue to vest during the on-call
period and you will be eligible to exercise your vested options through and including your
Termination Date, or ninety (90) days thereafter, depending on from which Plan your options were
issued. (Please review your Plan documents carefully by accessing your account at
www.fidelity.com.)

Provided you execute and return this Agreement to the Company on or before the close of business on
November 28, 2006, the Company will provide you with the following payments and benefits:

	 	A.	 	If your Termination Date is the day of the Closing of the Acquisition, the following
payments and benefits will apply, as more fully described in the Company’s Senior
Executive Change in Control Policy (the “Policy”):

	 	•	 	One and one-half (1.5) times your annual base salary and target bonus (each
determined at the rate in effect on October 6, 2006), payable in a lump sum payable
within thirty (30) days of your Termination Date, as described in Section 4(a) of
the Policy.

	 	•	 	Payment of the earned 2006 EIP bonus, prorated for actual period of employment,
if employment terminates prior to December 31, 2006. Payment to be made at the same
time that bonuses are disbursed to similarly situated active executives.

	 	•	 	Continuation of your group health benefits under COBRA for eighteen (18) months,
commencing on the Termination Date.

	 	•	 	Vesting of any time-based equity awards which may be unvested on the Termination
Date (i.e., Restricted Stock and Stock Options).

	 	•	 	Vesting of any unvested LTIP Restricted Stock.

OR

	 	B.	 	In the event the acquisition of Symbol by Motorola is not completed and your
Termination Date is March 31, 2007 or earlier:

	 	•	 	Twelve (12) months’ severance based on your current base salary, payable in
installments coincident with the Company’s normal payroll cycles, commencing in the
first pay period following your Termination Date.

	 	•	 	Payment of the earned 2006 EIP bonus, prorated for actual period of employment,
if employment terminates prior to December 31, 2006. Payment to be made at the same
time that bonuses are disbursed to similarly situated active executives.

	 	•	 	Full vesting of your unvested LTIP Restricted Stock.

	 	•	 	Provided you elect to continue your group health insurance, the Company will
provide COBRA payments for yourself and your eligible dependents for up to twelve
(12) months following your Termination Date.

The payments and benefits described above will not apply in the event of your termination due to
“Cause” (as defined in the Policy).

After the Termination Date, you will be entitled to receive distribution of your vested benefits
under the Company’s 401(k) and the Deferred Compensation Plans in accordance with the terms of the
applicable Plan documents, except that Deferred Compensation Plan benefits may not be paid prior to
six (6) months after the Termination Date to the extent required by Section 409A of the Internal
Revenue Code. In addition, it is possible that other payments described above may also be
“deferred compensation” for purposes of Code Section 409A. Notwithstanding any provision of this
Agreement to the contrary, any payments constituting deferred compensation required to be made upon
or in respect of your termination of employment may not be made prior to six (6) months after your
termination of employment, to the extent necessary to comply with Code Section 409A(2)(B)(i). The
Company will identify in writing payments it reasonably determines are subject to such a delay and
will promptly pay any such amounts, without interest, at the conclusion of the applicable six month
period (or, if later, when the payments are otherwise scheduled to be paid under the terms of the
Agreement).

All payments and benefits you receive pursuant to this Agreement shall be less applicable taxes and
other deductions as required by law.

In exchange for the Company providing you with the aforementioned  payments, and the other benefits
set forth above, which you acknowledge represents good, valuable and sufficient consideration to
support your execution of this Agreement,  you hereby waive all claims against the Company and
unconditionally and irrevocably release and discharge the Company from liability for any claims or
damages that you have or may have against it, its current and former directors, officers,
employees, agents and assigns up to the moment that this Agreement becomes fully executed,
regardless of whether those claims are known or unknown including, but not limited to, any claims
for wages, severance (except as specifically provided for herein), relocation payments, bonuses or
benefits or any other payments or benefits from any other agreements or plans under which you were
covered or in which you participated (except as specifically provided for herein), or any other
claims whatsoever arising during or, in whole or in part, out of your employment relationship with
the Company, or violations of any federal, state or local fair employment statute, executive order,
ordinance, law or regulation, including Title VII of the Civil Rights Act, the Rehabilitation Act
of 1973, the Americans With Disabilities Act, the Age Discrimination in Employment Act, as amended
by the Older Workers’ Benefit Protection Act,  the New York State Human Rights Law, or any other
potentially applicable employment or labor law, or any other rule of law or common law including,
but not limited to those concerning possible torts, express or implied contract,  the implied
covenant of good faith and fair dealing, public policy, or other obligations. Other than with
respect to any rights to which you may be entitled under the federal Age Discrimination in
Employment Act, you also agree not to initiate any administrative or legal action against the
Company to assert such claims. Moreover, to the extent any such action is brought by you or on your
behalf by any third party, you agree to waive all claims to monetary relief, including attorneys’
fees and costs. You understand that the fact of this Agreement, and/or the agreement to pay or the
payment of the consideration described herein does not constitute an admission by the Company that
it has violated any such law or legal obligation. This Agreement shall not affect any
entitlements you may have to Indemnification pursuant to the By-Laws of the Company, under any
liability policy that may be maintained by the Company, and the laws of the State of Delaware.
Nothing contained in the Agreement shall preclude you from enforcing the terms of this Agreement,
should that ever be necessary.  Any such action to enforce the terms of this Agreement shall not be
subject to the provisions of this paragraph.

You agree that you will not disclose, or cause to be disclosed in any way, any confidential
information or documents relating to your employment with the Company, the operations of the
Company, the terms of this Agreement, the facts and circumstances underlying this Agreement or the
fact that such Agreement exists, except to your attorneys, accountants, and immediate family, and
as otherwise required by law. This provision should not be construed as preventing you from
discussing your employment with Symbol with any prospective employer. Further, you agree to
continue to abide by the terms of the Company’s Non-Disclosure Agreement, which you signed while an
associate of the Company. You also agree not to make any disparaging or derogatory remarks about
the Company, or its products or services. In response to outside inquiries, the Company will
respond in accordance with its normal policy and will confirm only your dates of employment and
positions held.

You agree that during the twelve (12) month period following your Termination Date, you will not:
(i) engage in, manage, operate, control or supervise or participate in the management, operation,
control or supervision of, any business or entity, which is a Competitive Business of the Company
or of any other entity which may acquire the Company or with whom the Company may become affiliated
following the execution of this Agreement (“Acquiring Entity”); or (ii) have any ownership or
financial interest, directly or indirectly, in any Competitive Business,  all including, without
limitation, as an individual, partner, shareholder (other than as a shareholder of a publicly-owned
corporation), officer, director, employee, principal, agent or consultant.  For purposes of this
Agreement, Competitive Business includes any entity, including any subsidiaries, parent entities or
affiliate thereof, that, as of the Termination Date, competes with any businesses of the Company or
any Acquiring Entity. Notwithstanding the foregoing, at any time during the Non-Compete Period, you
may request in writing to the Board ( or to the Head of the Enterprise Mobility Business or any
other member of  the Senior Leadership Team of the Acquiring Entity, if such request is made
subsequent to any acquisition of the Company),  for consent  to your direct or indirect engagement
in, ownership of equity interest in, or management or operation of (whether as a director, officer,
employee, agent, representative, security holder, consultant or otherwise) any Competitive
Business, which request shall be considered  in good faith based upon the reasonable determination
of the potential impact of your involvement in such Competitive Business of the Company or of any
Acquiring Entity and its stockholders. Additionally, you agree that during the twelve (12) month 
period following your Termination Date, you will not, directly or indirectly, call on any customer
of the Company or of any Acquiring Entity for the purpose of soliciting and/or providing to such
customer any products or services similar to those sold or provided by the Company or of any
Acquiring Entity, nor will you in any way, directly or indirectly, induce any customer of the
Company or of any Acquiring Entity to cease doing business with the Company  or any Acquiring
Entity.  Further you agree that during the twelve (12) month period following your termination, you
will not, either directly nor indirectly, solicit, encourage, or induce any of the Company’s or any
Acquiring Entity’s other associates or consultants of the Company or any Acquiring Entity to leave
the Company’s or any Acquiring Entity’s employ, to work for you or any Competitive Business of the
Company, or any Acquiring Entity.

You further agree that you will reasonably cooperate fully with the Company at mutually convenient
times in connection with any existing or future internal or external investigations which the
Company is currently conducting, conducts in the future, or in which it is currently or may become
involved, and in any existing or future litigation involving the Company, whether administrative,
civil, or criminal in nature, in which and to the extent the Company deems your cooperation
necessary. Symbol will endeavor to provide you with as much advance notice as reasonably
practicable of the need for such cooperation and will limit the time that may be required in this
regard to reasonable periods. In addition, during any such period when cooperation is necessary,
Symbol will reimburse you for reasonable out-of-pocket expenses you incur to comply with this
Section, i.e., transportation expenses, hotels, meals. Any entitlement that you may have to legal
representation in connection with such cooperation shall be governed by the terms of the Company’s
By-Laws, liability policies maintained by the Company, and the laws of the State of Delaware.

You acknowledge that you have had twenty-one (21) days to consider the substantive terms of this
Agreement. You also acknowledge that you were advised by Symbol to discuss the terms of this
Agreement with your attorneys prior to signing this Agreement. You further acknowledge that you are
entering into this Agreement, freely, knowingly, and voluntarily, with a full understanding of its
terms and that you will have 7 days to revoke this Agreement after executing the same by notifying
the undersigned in writing during this seven-day period.

You acknowledge that you are responsible for the payment of all taxes in connection with the
payments and benefits you will be receiving pursuant to this Agreement, and that you are not
relying on Symbol for any tax advice in connection with the terms of this Agreement or your
execution of the same.

Except as set forth herein, this constitutes the entire agreement between us regarding the subject
matter hereof. This Agreement may not be changed or altered, except by a writing signed by you and
the Company. This Agreement is entered into in the State of New York and the laws of the State of
New York will apply to any dispute concerning it, without regard to its conflicts of laws
provisions.  If any clause of this Agreement should ever be determined to be unenforceable, it is
agreed that this will not affect the enforceability of any other clause or the remainder of this
Agreement.

Sincerely,

/s/ Lise Poulos

Lise Poulos

Sr. Vice President, Human Resources

Symbol Technologies, Inc.

AGREED AND ACCEPTED:

By: /s/ Todd Abbott Date: November 27, 2006

Todd Abbott

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