Document:

<PAGE>   1
                                                                    EXHIBIT 4.16

                             AMENDMENT NO. 1 TO THE
                         RECEIVABLES PURCHASE AGREEMENT

            AMENDMENT NO. 1 (this "Amendment"), dated as of December 15, 1999 to
the RECEIVABLES PURCHASE AGREEMENT (as amended, supplemented or otherwise
modified and in effect from time to time, the "Agreement"), dated as of June 18,
1999, between KCH FUNDING, L.L.C., a Delaware limited liability company, as
purchaser (in such capacity, the "Purchaser") and UNOVA, INC., a Delaware
corporation, as the seller (in such capacity, the "Seller").

                             PRELIMINARY STATEMENTS

            WHEREAS, the parties hereto have entered into the Agreement whereby
the Seller shall sell and assign from time to time such certain accounts
receivable to the Purchaser subject to the terms and conditions of the Agreement
and the Purchaser shall purchase from the Seller from time to time such accounts
receivable; and

            WHEREAS, the parties to the Agreement desire to make a certain
amendments to the Agreement.

            NOW, THEREFORE, the parties hereby agree as follows:

            1. Definitions. Except as otherwise stated herein, capitalized terms
not defined herein shall have the respective meanings assigned to them in the
Agreement.

            2. Amendments to the Agreement.

               (a) The first recital to the Agreement is hereby amended to read
        in its entirety as follows:

            "WHEREAS, the Purchaser desires to purchase from the Seller from
            time to time certain accounts receivable owing from Obligors which
            are purchased from the divisions listed on Annex 1 hereto of UNOVA
            Industrial Automation Systems, Inc., a Delaware corporation ("IAS"),
            Intermec Technologies Corporation, a Washington corporation
            ("Intermec"), M M & E, Inc., a Nevada corporation ("MM&E," together
            with such divisions of IAS and Intermec, and other divisions of IAS
            or other entities which are listed on Annex 1 as such annex may from
            time to time be amended by the written agreement of the parties
            hereto, collectively, the "Originator Subsidiaries") and which are
            generated in the normal course of the Originator Subsidiaries'
            business pursuant to, or evidenced by, purchase orders, invoices or
            other written agreements or with invoices on open accounts;"

<PAGE>   2

               (b) Exhibit B to the Agreement is hereby amended to read in its
        entirety as set forth in Exhibit A hereto.

               (c) Exhibit D to the Agreement is hereby amended to read in its
        entirety as set forth in Exhibit B hereto.

               (d) Annex 1 to the Agreement is hereby amended to read in its
        entirety as set forth in Exhibit C hereto.

            3. Representations and Warranties. To induce the Purchaser to enter
into this Amendment, the Seller hereby represents and warrants as of the
Effective Date (as hereinafter defined) that:

               (a) it has the power, authority and legal right to make and
        deliver this Amendment and to perform its obligations under the
        Agreement, as amended by this Amendment, without any notice, consent,
        approval or authorization not already obtained, and that it has taken
        all necessary action to authorize the same.

               (b) the making and delivery of this Amendment and the performance
        of the Agreement, as amended by this Amendment, do not violate any
        provision of law or any regulation, or its charter or by-laws, or result
        in the breach of or constitute a default under or require any consent
        under any indenture or other agreement or instrument to which it is a
        party or by which it or any of its properties may be bound or affected.
        The Agreement, as amended by this Amendment, constitutes its legal,
        valid and binding obligation, enforceable against it in accordance with
        its terms, except as the enforceability thereof may be limited by any
        applicable bankruptcy, reorganization, insolvency, moratorium or other
        laws affecting creditors' rights generally.

               (c) The representations and warranties made by it contained in
        any Transaction Document are true and correct on and as of the date of
        this Amendment and after giving effect hereto.

               (d) No Termination Event or Potential Termination Event has
        occurred and is continuing under the Agreement as of the date of this
        Amendment and after giving effect hereto.

            4. Conditions to Closing. On or prior to the date of execution
hereof, the Agent shall have received original copies of this Amendment and each
of the documents set forth in Exhibit B to Amendment No. 2 to the Transfer
Agreement, each in form and substance satisfactory to the Agent.

            5. Effective Date. The effective date of this Amendment (the
"Effective Date") is June 18, 1999.

                                      -2-
<PAGE>   3

            6. Reference to and Effect on the Transaction Documents. On and
after the Effective Date (i) each reference in the Agreement to "This
Agreement", "hereunder", "hereof" or words of like import, and each reference in
any other Transaction Document to "the Receivables Purchase Agreement",
"thereunder", "thereof" or words of like import, referring to the Agreement,
shall mean and be a reference to the Agreement as amended hereby.

            7. Agreement and all other Transaction Documents in Full Force and
Effect. Except as specifically amended hereby, each Transaction Document and
shall continue to be in full force and effect and is hereby in all respects
ratified and confirmed. The execution, delivery and effectiveness of this
Amendment shall not, except as expressly provided herein, operate as a waiver of
any right, power or remedy of the Lender, any Bank Investor or the Agent under
any Transaction Document, nor constitute a waiver of any provision of any
Transaction Document.

            8. Counterparts. This Amendment may be signed in any number of
counterparts, each of which shall be an original and all of which taken together
shall constitute a single instrument with the same effect as if the signatures
thereto and hereto were upon the same instrument.

            9. Governing Law. This Amendment shall be governed by and construed
in accordance with the laws of the State of New York.

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            IN WITNESS WHEREOF, the parties have caused this Amendment to be
duly executed and delivered by their proper and duly authorized officers as of
the day and year first above written.

                                    KCH FUNDING, L.L.C.,
                                        as Purchaser

                                    By: /s/ Elmer C. Hull, Jr.
                                       ---------------------------------
                                        Title: Treasurer

                                    UNOVA, INC.,
                                      as Seller

                                    By: /s/ Elmer C. Hull, Jr.
                                       ---------------------------------
                                        Title: VP & Treasurer

      The foregoing Amendment No. 1
to Receivables Purchase Agreement has
been acknowledged and consented to by:
Bank of America, N.A., as successor by
merger to Nationsbank, N.A.

By: /s/ Robert R. Wood
   ---------------------------------
      Title: Vice President

<PAGE>   5
                                                                      EXHIBIT A

                                    EXHIBIT B
                                  [TO THE RPA]

                        Principal Places of Business and
                               Location of Records

1.  UNOVA, Inc.
    21900 Burbank Blvd.
    Woodland Hills, CA 91367-7418
    Phone: (818) 992-2880
    Fax: (818) 992-2627

     Location of Records: California

2.  UNOVA Industrial Automation Systems, Inc.
    5663 East Nine Mile Road
    Warren, MI 48091 USA
    Phone: (810) 497-6000
    Fax:   (870) 497-6082

    Location of Records: Warren, MI; Cincinnati, OH

    a)  Lamb Technicon Machining Systems
        5363 E. Nine Mile Road
        Warren, MI 48091-2593

    b)  Lamb Technicon Body and Assembly Systems
        29770 Commerce Blvd.
        Chesterfield Township, ME 48051

    c)  Cincinnati Machine
        4701 Marburg Avenue
        Cincinnati, OH 45209-1025

3.  Intermec Technologies Corporation
    6001 36th Avenue West
    P.O. Box 4280
    Everett, WA 98203-9280
    Phone; (425) 345-2600
    Fax:  (425) 385-9551

 Location of Records: Everett, WA; Cedar Rapids, IA; Fairfield, OH

    In Cedar Rapids, IA
       550 Second Street S.E.
       Cedar Rapids, IA 52401

    In Cincinnati, OH
       9290 LeSaint Drive
       Fairfield, OH 45014

4.  M M & E, Inc.
    255 South Fenway Drive
    Fenton, Michigan 48430
    Phone: (810) 750-7901
    Fax: (810) 750-7990

    Location of Records: 5363 E. Nine Mile Road, Warren, MI

<PAGE>   6
                                                                      EXHIBIT B

                                    EXHIBIT D
                                  [TO THE RPA]

                              Former Names, Mergers
                                 and Trade Names
                               (in last l8 months)

UNOVA, INC.

FORMER NAME(S)
None

MERGERS
None

TRADE NAMES
None

UNOVA INDUSTRIAL AUTOMATION SYSTEMS, INC.

FORMER NAME(S)
None

TRADE NAMES
for Lamb Technicon Machining Systems
   - Lamb Technicon Machining Systems
   - Lamb Assembly & Test
 for Lamb Technicon Body & Assembly Systems
   - Lamb Technicon Body & Assembly Systems
   - Modern prototype
 for Cincinnati Machine
   - Cincinnati Milacron

MERGERS
None

INTERMEC TECHNOLOGIES CORPORATION

FORMER NAME(S)
None

MERGERS
Norand Corporation merged with and into Intermec Technologies Corporation on
December 28, 1997 Intermec/Ultra Print Inc. merged with and into Intermec
Technologies Corporation on January 16, 1998

TRADE NAMES
Intermec Technologies Corporation
Intermec IP Corporation
Norand Corporation (Merged into Intermec)
Norand Technology Corporation (name changed to Intermec IP Corporation) Norand
Mobile Systems Division of Intermec Technologies Corporation Amtech Systems
Division Amtech Systems Corporation Identification Systems Division of Intermec
Technologies Corporation Government Systems Division of Intermec Technologies
Corporation Local Area Systems Division of Intermec Technologies Corporation
United Bar Code Industries

MM&E

FORMER NAME(S)
None

MERGERS
None

TRADE NAMES
Michigan Machine & Engineering

<PAGE>   7

                                                                       EXHIBIT C

                                     Annex 1

                      Originator Subsidiaries and Divisions

A.      UNOVA Industrial Automation Systems, Inc.

Divisions
Lamb Technicon Machining Systems
Lamb Technicon Body & Assembly Systems
Cincinnati Machine

B.      Intermec Technologies Corporation

C.      M M & E, Inc.<PAGE>   1
                                                                    EXHIBIT 10.6

                                    AMENDMENT
                                       TO
                     CHANGE OF CONTROL EMPLOYMENT AGREEMENT

WHEREAS, UNOVA, Inc., a Delaware corporation (the "Company"), and [Name of
Executive] (the "Executive") have previously entered into a certain Change of
Control Employment Agreement (the "Agreement") dated as of October 31, 1997; and

WHEREAS, the Company and the Executive desire to amend the Agreement in the
respects set forth herein;

NOW, THEREFORE, the Company and the Executive hereby agree as follows:

        1. Section 1(b) of the Agreement is hereby amended so as to delete the
        present text thereof (constituting the definition of "Change of Control
        Period") and to substitute in its place and stead the following text:

            "(b) The "Change of Control Period" shall mean the period commencing
            on the date hereof and ending on the fourth anniversary of the date
            hereof; provided, however, that commencing on the date two years
            after the date hereof, and on each second anniversary of such date
            (such date and each such second anniversary thereof shall be
            hereinafter referred to as the "Renewal Date"), unless previously
            terminated, the Change of Control Period shall be automatically
            extended so as to terminate four years from such Renewal Date,
            unless at least 60 days prior to the Renewal Date the Company shall
            give notice to the Executive that the Change of Control Period shall
            not be so extended."

        2. Section 4(b)(ii) of the Agreements is hereby amended so as to delete
        the present text thereof and to substitute in its place and stead the
        following text:

            "(ii) Annual Bonus. In addition to Annual Base Salary, the Executive
            shall be awarded, for each fiscal year ending during the Employment
            Period, an annual bonus in cash at least equal to the higher of (A)
            the Executive's highest award or awards for any fiscal year under
            the UNOVA, Inc. Management Incentive Compensation Plan (effective
            for the 1999 fiscal year and thereafter) or under any predecessor or
            successor plan or plans which provide for the grant of annual cash
            bonuses or other short-term cash incentive awards during the last
            three full fiscal years prior to the Effective Date or (B) the
            Target Bonus (as that term is defined in the UNOVA, Inc. Management
            Incentive Compensation Plan) applicable to the Executive for the
            fiscal year during which the Effective Date occurs, or if the
            Management Incentive Compensation Plan is not in effect for such
            fiscal year, the target bonus or award which the Executive would
            earn for such year under any plan

<PAGE>   2

            or arrangement in which the Executive participates or is eligible to
            participate assuming the attainment of any performance goals or
            similar criteria to the extent necessary for the Executive to
            qualify to receive the target award thereunder. The amount which is
            the higher of the amounts described in clause (A) and clause (B)
            above is hereinafter called the "Annual Bonus."

            "Notwithstanding the foregoing, the following additional provisions
            shall be applicable to the definition of "award" or "awards" or
            "bonus" or "bonuses" as those terms are used in the preceding
            paragraph:

                "(1) When made under the UNOVA, Inc. Management Incentive
                Compensation Plan or any other annual incentive plan which
                provides that a portion of an annual award shall be deposited in
                a so-called "Bonus Bank" and shall remain "at risk," the award
                or bonus, in such case, shall (except as provided in clause (2)
                below) comprise ONLY the portion of the annual award which is
                paid to the Executive on a current basis and shall NOT include
                any amount of the award required to be deposited to a Bonus
                Bank. However, the award or bonus shall also include any amount
                paid to the Executive as a periodic payment from the Bonus Bank
                during the year with respect to which the amount was made (but
                shall not include any payment from the Bonus Bank made solely as
                a result of termination of employment);

                "(2) The award or bonus for any fiscal year or portion thereof
                shall include any part of such bonus or award, the payment of
                which is deferred to a subsequent fiscal year or years at the
                election of the Executive; and

                "(3) In the case of any bonus or award made with respect to a
                period other than a full fiscal year, the amount of such bonus
                shall not be annualized, and the bonus or award, if it related
                to more than one fiscal year, shall be prorated so that only the
                portion thereof attributable to a particular fiscal year shall
                be counted as part of the total award or bonus for that fiscal
                year.

            "Any Annual Bonus plus unpaid but due amounts from prior awards plus
            any amounts payable from a so called Bonus Bank shall be paid in
            accordance with the applicable plan but in no event later than the
            last day of the Employment Period. In no event shall the Executive
            forfeit any balance in a Bonus Bank upon termination of employment
            for any reason following a Change of Control."

        3. Section 5(c) of the Agreement is hereby amended so as to delete the
        final sentence thereof and to substitute in its place and stead the
        following two sentences:

                                      -2-
<PAGE>   3

            "Anything in this Agreement to the contrary notwithstanding, if (A)
            a Change of Control has occurred and (B) in connection with, or as a
            result of, such Change of Control, prior to the first anniversary of
            the Effective Date, individuals who were members of the Board
            immediately prior to such Change of Control cease to constitute a
            majority of the Board or a majority of the board of directors of the
            corporation resulting from a Business Combination that constituted
            such Change of Control, then a termination by the Executive for any
            reason during the Window Period (as defined in the following
            sentence) shall be deemed to be a termination for Good Reason for
            all purposes of this Agreement. The "Window Period" shall mean the
            30-day period commencing on the first anniversary of the later of
            (1) the Effective Date and (2) the date of the event described in
            clause (B) of the preceding sentence."

        4. Except as specifically amended by this instrument, each and every
        term of the Agreement is hereby ratified and confirmed and shall remain
        in full force and effect.

        5. This Amendment shall become effective as of the date set forth below
        when a counterpart hereof has been signed by the Executive and lodged
        with the Secretary of the Company.

        6. This Amendment shall be governed by and construed in accordance with
        the laws of the State of Delaware, without reference to principles of
        conflicts of law.

IN WITNESS WHEREOF, this Amendment has been executed by the Company and the
Executive as of the date hereafter set forth.

DATE:
     -------------------------------
                                                   UNOVA, INC.

                                                   By
                                                      --------------------------

                                                   -----------------------------
                                                   [Name of Executive]

                                      -3-

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