Document:

Employment Agreement - Daniel D. Marks

 Exhibit 10.16 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT is made as of the 18th day of June, 2007, by and between AKRION, INC., a Delaware corporation (the
“Company”), and DANIEL MARKS (“Executive”). 
 BACKGROUND 
 The Company wishes to employ Executive as Vice President of Marketing and General Manager of Single Wafer Systems for the Company, and Executive wishes
to be employed by the Company in such position, on the terms and conditions contained in this Agreement. The parties desire to set forth the terms and conditions of the employment relationship between the Company and Executive. 
 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants in this Agreement, the parties hereto, intending to be legally bound, hereby
agree as follows: 
 1. Employment and Duties. 
 (a) The Company hereby employs Executive as its Vice President of Marketing and General Manager of Single Wafer Systems, and Executive
hereby accepts such employment, subject to the terms and conditions of this Agreement. Executive shall report to the Chief Executive Officer of the Company. 
 (b) Executive shall have such authority and such responsibilities as are reasonable and customary for similar positions within the
Company’s industry and such other authority and responsibilities as the Company’s Board of Directors (the “Board”) or its Chief Executive Officer reasonably may determine from time to time. 
 (c) Executive agrees to devote his best efforts and all his business time, attention, energy and skill to performing the duties described
herein. 
 2. Effective Date. This Agreement shall commence on the date hereof. Executive shall be employed as an employee at-will
and, accordingly, Executive’s employment may be terminated at any time by either party for any reason, subject to any notice provided for in Paragraph 6 hereof. 
 3. Compensation. As compensation for performing the services required by this Agreement, Executive shall be compensated as follows: 
 (a) Base Compensation. The Company shall pay to Executive an annual base salary (the “Base Compensation”) in the initial
amount of $245,000, payable in accordance with the Company’s standard payroll practices and subject to withholding for applicable federal, state and local taxes and all other items, if any, required to be withheld. Such Base Compensation shall
be reviewed from year to year and may be adjusted in the sole discretion of the Board. 

 (b) Bonus Compensation. In addition to the Base Compensation, Executive shall be
eligible to receive, at the sole discretion of the Compensation Committee of the Board, an annual bonus in such amount and based on such criteria as may be established by the Compensation Committee. If the Compensation Committee establishes a bonus
structure for Executive with respect to a calendar year, the Compensation Committee shall designate the “Target Bonus” for such year, which generally would represent the bonus payable to Executive if the Company were to achieve its
budgeted results for such year and which initially shall be 60% of Base Compensation. Any such annual bonus for 2007 shall be pro rated for the portion of 2007 during which Executive is employed by the Company. Executive acknowledges that nothing
contained herein shall be construed as an offer or commitment by the Company to pay any bonuses or additional compensation hereunder. 
 (c) Sign-on Bonus. In addition to the Base Compensation, the Company shall pay Executive a sign-on bonus in the amount of $40,833.34, payable as follows: $20, 416.67 shall be payable upon commencement of
Executive’s employment; and $20, 416.67 shall be payable on January 1, 2008, provided Executive is still employed by the Company on such date. 
 (d) Stock Options. The Company agrees that on the date hereof it will grant to Executive an option (the “Option”) to purchase 85,000 shares of the Company’s Common Stock pursuant the
Company’s Stock Incentive Plan and a stock option agreement to be entered into by Executive and the Company. The Option will vest in three annual installments as follows: (i) 28,333 shares on the first anniversary of the date hereof;
(ii) 28,333 shares on the second anniversary of the date hereof; and (iii) 28,334 shares on the third anniversary of the date hereof. The exercise price of the Option will be $12.25 per share; provided, however, that in the event that a
Company IPO (as hereinafter defined) is completed on or before December 31, 2007 and the initial public offering price of a share of Common Stock in the Company IPO is greater than $12.25, the exercise price of the Option will be increased to
the initial public offering price of a share of Common Stock in the Company IPO. For purposes of this Agreement, “Company IPO” shall mean the sale by the Company of its common stock through an underwritten public offering. 
 4. Employee Benefits. 
 (a) While employed by the Company under this Agreement, Executive shall have the right to participate in such retirement plans (qualified or non-qualified), pension, insurance, health, disability or other benefit, option or bonus plans or
programs that may be generally offered from time to time by the Company to its executive officers. 
 (b) Executive shall have
the right to four weeks of paid vacation during each calendar year during his employment under this Agreement, pro rated for partial years. There shall be no accrual of vacation days that are not taken in a given calendar year. 
 5. Expenses. 
 (a)
General. Executive shall promptly be reimbursed against presentation of vouchers or receipts in accordance with the Company’s regular reimbursement procedures and practices in effect from time to time for all reasonable and necessary
expenses incurred by him in 

 
connection with the performance of business-related duties upon the approval of same by the Company, which approval shall not be unreasonably withheld or
delayed. 
 (b) Relocation Expenses. The Company agrees that it will reimburse Executive for or pay directly certain
costs of relocating Executive’s primary residence to Santa Ana, California on or before July 1, 2008, as follows (collectively, the “Relocation Benefits”): (i) until the sale of Executive’s primary residence, the
Company will reimburse Executive for his reasonable commuting expenses, including temporary housing and airfare; (ii) the Company will pay the cost to pack and move Executive’s household goods and two automobiles and to provide storage for
such household goods as may be reasonably required; (iii) the Company will pay the cost of one house-hunting trip for Executive and his immediate family, including air travel, lodging and car rental for such trip and a reasonable per-person per
diem for such trip; and (iv) the Company will reimburse Executive for his actual closing costs and realtor fees with respect to the sale of his primary residence upon presentment of all documentation evidencing such closing costs and fees. All
relocation expenses described herein will be grossed up for tax consequences. The Company will have no obligation to provide any of the Relocation Benefits to the extent they are not used or incurred by Executive on or prior to July 1, 2008.
Notwithstanding the foregoing, in the event that Executive terminates his employment under this Agreement for any reason prior to July 1, 2009, Executive agrees that he will reimburse the Company in full for any Relocation Benefits provided by
the Company hereunder. 
 6. Termination and Termination Benefits. 
 (a) Termination by the Company With Cause or by Executive Without Good Reason. The Company may terminate Executive’s
employment for Cause (as hereinafter defined) at any time. Upon termination for Cause, or in the event Executive resigns without Good Reason (as defined in Paragraph 6(b) below), Executive’s sole entitlement shall be the payment of his Base
Compensation through the date of termination. For purposes of this Agreement, “Cause” shall mean (i) an act of dishonesty by Executive that results in or was intended to result in gain to or personal enrichment of Executive at the
Company’s expense; (ii) the willful engaging by Executive in misconduct which is injurious to the Company; (iii) the repeated failure of Executive to satisfactorily perform his duties hereunder (as directed by the Board);
(iv) the material breach by Executive of any other material provision of this Agreement; (v) the failure by Executive to comply with all material applicable laws in performing Executive’s duties hereunder or in directing the conduct
of the Company’s business; (vi) the commission by Executive of any felony or intentionally fraudulent act against the Company or its affiliates, employees, agents or customers; or (vii) the commission by Executive of gross negligence
or gross insubordination in the performance of his duties hereunder. 
 (b) Termination by the Company Without Cause or by
Executive With Good Reason. The Company may terminate Executive’s employment without Cause at any time upon 30 days’ prior written notice to Executive. Executive may terminate his employment with Good Reason upon 30 days’ prior
written notice to the Company (during which period Executive shall, if requested in writing by the Company, continue to perform his duties as specified under this Agreement). If either of the foregoing termination events occur, Executive shall be
entitled to receive the following: (i) if such termination occurs prior to a Change of Control (as hereinafter defined), Executive shall be entitled to receive (A) continuation of payment for nine months of 

 
Base Compensation based on the applicable annual rate at the time of termination of employment and (B) the cost for health insurance coverage through
COBRA for Executive for nine months following the date of termination; or (ii) if such termination occurs upon or within 12 months following a Change of Control, Executive shall be entitled receive (A) continuation of payment for 12 months
of Base Compensation based on the applicable annual rate at the time of termination of employment and (B) the cost for health insurance coverage through COBRA for Executive for 12 months following the date of termination; provided, however,
that as a condition to the Company’s obligation to pay Executive any amounts under this Paragraph 6(b), the Company may require Executive to execute a Release and Settlement Agreement waiving all known or unknown claims against the Company, in
a form reasonably requested by the Company, and Executive shall agree to comply with his surviving obligations under Paragraphs 7 and 8 hereunder. For purposes of this Agreement, “Good Reason” shall mean: (x) a substantial reduction
in Executive’s responsibilities, which change materially reduces Executive’s stature, importance and dignity within the Company; (y) the relocation of the Company’s business operations, without the consent of Executive, to a
location more than 50 miles from the Company’s current corporate headquarters; or (z) the Company’s material breach of a material provision of this Agreement, which breach shall remain uncured for 30 days after written notice of such
breach shall have been given to the Company. For purposes of this Agreement, “Change of Control” shall mean any one of the following: (A) any “person,” as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934 (the “Exchange Act”), other than a stockholder of the Company immediately prior to the date of the completion of a Company IPO or a limited partner of Sunrise Capital Partners, L.P., becomes the “beneficial
owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities of the Company; (B) the
consummation of any merger or consolidation of the Company with another corporation in which the stockholders of the Company immediately prior to the merger or consolidation will not beneficially own immediately after the merger or consolidation
shares entitling such stockholders to 50% or more of all votes to which all stockholders of the surviving corporation would be entitled in the election of directors (without consideration of the rights of any class of stock to elect directors by a
separate class vote), or where the members of the Board immediately prior to the merger or consolidation would not immediately after the merger or consolidation constitute a majority of the board of directors of the surviving corporation;
(C) the consummation of a sale or other disposition of all or substantially all of the assets of the Company to an entity that is not either a subsidiary of the Company or an entity whose stockholders and other equity holders, individually,
have the same equity interests in the Company and the acquiring company; or (D) a liquidation or dissolution of the Company. 
 (c) Disability. If (i) due to illness, physical or mental disability, or other incapacity, Executive shall fail for a period of three months to perform the principal duties required by this Agreement or (ii) Executive is
entitled to receive benefits under a disability income insurance policy sponsored by the Company, the Company may terminate Executive’s employment effective immediately upon the giving of written notice to Executive. In such event, Executive
shall be (A) paid his Base Compensation through the date of termination, and (B) provided with the employee benefits pursuant to Paragraph 4 through the date of termination. 

 (d) Death. In the event of Executive’s death during his employment under this
Agreement, this Agreement shall automatically terminate, and Executive’s estate shall be paid his Base Compensation through the date of death and be provided his benefits pursuant to Paragraph 4 through the date of death. 
 7. Noncompetition, Noninterference and Nonsolicitation. 
 (a) During Executive’s employment with the Company and (i) for a period of one year following termination of Executive’s
employment with the Company for Cause or following a resignation by Executive without Good Reason, (ii) for a period of one year following termination of Executive’s employment as a result of disability under Paragraph 6(c) hereof;
(iii) if prior to a Change of Control, for a period of one year following termination of Executive’s employment with the Company without Cause or following the resignation by Executive for Good Reason, or (iv) if upon or after a
Change of Control, for a period of one year following termination of Executive’s employment with the Company without Cause or following the resignation by Executive for Good Reason, Executive shall not engage in (as a principal, partner,
director, officer, agent, employee, consultant, owner, independent contractor or otherwise), or be financially interested in, any business related to the manufacture, sale and/or marketing of capital equipment used in the manufacturing of
semiconductor-related devices which is reasonably, directly or indirectly, in competition with the Company; provided however, that the foregoing restrictions shall not prevent Executive from holding for investment no more than 5% of any class of
equity securities of a company whose securities are publicly traded on a national securities exchange or in the over-the-counter market. 
 (b) During his employment and for a period of two years following termination of Executive’s employment for any reason, Executive shall not solicit, induce or encourage any person or entity who was at the time of
or within 12 months prior to termination of Executive’s employment an employee, consultant, independent contractor, supplier or customer of the Company or person or entity otherwise doing business with the Company to cease to do business with
the Company, reduce the amount of business with the Company or cease to be employed by the Company. 
 (c) Executive agrees
that if any portion of the foregoing covenants, or the application thereof, is construed to be invalid or unenforceable, the remainder of such covenant or covenants or the application thereof shall not be affected and the remaining covenant or
covenants will then be given full force and effect without regard to the invalid or unenforceable portions. If any covenant is held to be unenforceable because of the area covered, the duration thereof or the scope thereof, Executive agrees that the
court making such determination shall have the power to reduce the area and/or the duration and/or limit the scope thereof, and the covenant shall then be enforceable in its reduced form as is adjudged to be reasonable by the court. If Executive
violates any of the restrictions contained in the foregoing subparagraphs, the restrictive period shall not run in favor of Executive from the time of the commencement of any such violation until such time as such violation shall be cured by
Employee to the satisfaction of the Company. 
 (d) Executive acknowledges that the restrictions contained in the foregoing
Paragraphs 7(a) and 7(b), in view of the nature of the business in which the Company is engaged, 

 
are reasonable and necessary in order to protect the legitimate interests of the Company, and that any violation thereof would result in irreparable injuries
to the Company, and Executive therefore acknowledges that, in the event of Executive’s violation of any of these restrictions, the Company shall be entitled to obtain from any court of competent jurisdiction preliminary and permanent injunctive
relief as well as damages and an equitable accounting of all earnings, profits and other benefits arising from such violation, which rights shall be cumulative and in addition to any other rights or remedies to which the Company may be entitled.
Executive further acknowledges and represents that Executive possesses skill and ability which can be applied in business areas which do not compete with the Company, and therefore, the restrictions contained in this Agreement will not prevent him
from securing gainful employment after termination of this Agreement. 
 8. Confidential Information; Inventions Agreement.

 (a) All advertising, sales, manufacturers’ and other materials or articles or information, including without
limitation data processing reports, customer sales analyses, invoices, price lists or information, samples, or any other materials or data of any kind furnished to Executive by the Company or developed by Executive on behalf of the Company or at the
Company’s direction or for the Company’s use or otherwise in connection with Executive’s employment hereunder (collectively, “Company Information”), are and shall remain the sole and confidential property of the Company; if
the Company requests the return of Company Information at any time during Executive’s employment or upon or after the termination of Executive’s employment, Executive shall immediately deliver such Company Information to the Company.

 (b) During the term of this Agreement and at all times thereafter, Executive shall not use for Executive’s personal
benefit, or disclose, communicate or divulge to, or use for the direct or indirect benefit of any person, firm, association or company other than the Company, any Company Information or any confidential and/or proprietary information regarding the
business methods, business policies, procedures, techniques, research or development projects of the Company, trade secrets or other knowledge, processes of or developed by the Company, any names and addresses of customers or clients, any data on or
relating to past, present or prospective customers or clients, or any other confidential information relating to or dealing with the business operations or activities of the Company made known to Executive or learned or acquired by Executive while
in the employ of the Company. Notwithstanding the foregoing, it is understood that this Paragraph 8(b) is not intended to cover information that is generally known in the trade or industry (other than through a breach of this Agreement) or
information that is not gained as a result of a breach of this Agreement. 
 (c) Any and all writings, inventions,
improvements, processes and/or techniques which Executive may make, conceive, discover or develop, either solely or jointly with any other person or persons, at any time during the term of this Agreement, whether during working hours or at any other
time and whether at the request or upon the suggestion of the Company or otherwise, which relate to or are useful in connection with any business now or hereafter carried on or contemplated by the Company, including developments or expansions of its
present fields of operations, shall be the sole and exclusive property of the Company. Executive shall make full disclosure to the Company of all such writings, inventions, 

 
improvements, processes, procedures and techniques, and shall do everything necessary or desirable to vest the absolute title thereto in the Company.
Executive shall write and prepare all specifications and procedures regarding such inventions, improvements, processes, procedures and techniques and otherwise aid and assist the Company so that the Company can prepare and present applications for
copyright or patent therefor and can secure such copyright or patent wherever possible, as well as reissues, renewals and extensions thereof, and can obtain the record title to such copyright or patents so that the Company shall be the sole and
absolute owner thereof in all countries in which it may desire to have copyright or patent protection. Executive shall not be entitled to any additional or special compensation or reimbursement regarding any and all such writings, inventions,
improvements, processes, procedures and techniques. 
 9. Lock-Up Agreement. In the event of a Company IPO, Executive agrees that he
will execute a lock-up agreement restricting the right of Executive or any “affiliate” (as such term is defined in Rule 144 of the Securities Act of 1933) of Executive to sell, transfer or otherwise convey his Common Stock or Options, the
form of which agreement shall be negotiated between the underwriters in such Company IPO and the Company. 
 10. Miscellaneous.

 (a) Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the
matters set forth herein and supersedes and renders of no force and effect all prior understandings and agreements between the parties with respect to the matters set forth herein. No amendments or additions to this Agreement shall be binding unless
in writing and signed by both parties. 
 (b) Assignment; Binding Effect. This Agreement is personal in nature and
neither of the parties shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder; provided, however, the Company may assign this Agreement upon (i) the sale of all or substantially all of
the Company’s assets or (ii) a merger or consolidation involving the Company. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors (including successors by merger, consolidation or
similar transactions), permitted assigns, personal representatives, heirs, executors and administrators. 
 (c)
Severability. If any part of this Agreement is contrary to, prohibited by, or deemed invalid under applicable law or regulations, such provision shall be inapplicable and deemed omitted to the extent so contrary, prohibited or invalid, but
the remainder of this Agreement shall not be invalid and shall be given full force and effect so far as possible. 
 (d)
Waiver. The failure or delay of any party at any time to require performance by the other party of any provision of this Agreement, even if known, shall not affect the right of such party to require performance of that provision or to
exercise any other right, power or remedy hereunder, and any waiver by any party of any breach of any provision of this Agreement shall not be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision
itself or a waiver of any other right, power or remedy under this Agreement. No notice to or demand on any party in any case shall, of itself, entitle such party to any other or further notice or demand in similar or other circumstances. 

 (e) Governing Law. This Agreement and its construction, performance and
enforceability shall be governed by, and construed in accordance with, the laws of the Commonwealth of Pennsylvania, without regard to any conflict of law provisions. 
 (f) Headings. Headings and titles herein are included solely for convenience and shall not affect, or be used in connection with,
the interpretation of this Agreement. 
 (g) Notices. All notices called for under this Agreement shall be in writing
and shall be deemed given upon receipt if delivered personally or by facsimile transmission or mailed by registered or certified mail (return receipt requested), postage prepaid, to the parties at the following addresses: 
  

			
	If to Executive:	  	Daniel Marks
		  	2937 Ashton Terrace
		  	Oviedo, FL 32785
		
	If to the Company:	  	Akrion, Inc.
		  	6330 Hedgewood Drive, Suite 150
		  	Allentown, PA 18106
		  	Telecopy : __________________
		  	Attn: Chief Executive Officer
		
	with a copy to:	  	Richard J. Busis, Esquire
		  	Cozen O’Connor
		  	1900 Market Street
		  	Philadelphia, PA 19103
		  	Telecopy: (215) 665-2013

 or to any other address or addressee as any party entitled to receive notice under this Agreement shall designate,
from time to time, to the other in the manner provided in this Paragraph 10(g) for the service of notices. 
 (h)
Counterparts. This Agreement may be executed in one or more counterparts and by facsimile, each of which counterparts and/or facsimiles shall be deemed to be an original, and all such counterparts and facsimiles shall constitute one and the
same instrument. 
 IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the date first above written. 
  

			
	AKRION, INC.
		
	By:	 	/s/ Peter S. Kirlin
		 	 Name: Peter S. Kirlin
 Title:   Executive
Chairman

  

			
	
	/s/ Daniel D. Marks
	Daniel MarksEquipment Purchase Agreement

 Exhibit 10.17 
 EQUIPMENT PURCHASE AGREEMENT 
 THIS
EQUIPMENT PURCHASE AGREEMENT (this “Agreement”) is dated this 7th day of April, 2006 by and between AKRION, INC., a Delaware corporation
(“Akrion”), and SUNRISE CAPITAL INVESTMENTS, LLC, a Delaware limited liability company (“Buyer”). 
 Preliminary Statements 
 WHEREAS, Buyer desires to purchase from Akrion, and Akrion desires to sell to Buyer, certain
single-wafer cleaning equipment, as more fully described below, pursuant to the terms and conditions contained herein. 
 NOW, THEREFORE, in
consideration of the foregoing and the mutual promises, covenants and agreements contained in this Agreement, the parties, intending to be legally bound, hereby agree as follows: 
 1. Purchase and Sale of Equipment. Subject to the terms and conditions set forth in this Agreement, Akrion hereby sells to Buyer, and Buyer hereby
purchases from Seller, the following equipment (collectively, the “Equipment”): 
 (a) G Project Mach2HP, which was
shipped to Samsung Electronics Co. Ltd. on March 22, 2005 (#D009059844) (the “G Project Equipment”); and 
 (b)
TWMPS Mach2HP, which was shipped to Samsung Electronics Co. Ltd. on September 27, 2004 (#126101R009) (the “TWMPS Equipment”). 
 2. Purchase Price. The purchase price for the Equipment is Two Million Two Hundred Sixty-Seven Thousand Dollars ($2,267,000), payable by check or wire transfer of immediately available U.S. funds. 
 3. Right to Repurchase. At any time and from time to time prior to April 7, 2007, Akrion shall have the right to repurchase (the
“Repurchase Right”) from Buyer any or all of the Equipment by providing written notice to Buyer stating that it desires to repurchase the Equipment specifically set forth in such notice. Upon receipt of such notice, Buyer shall sell to
Akrion and Akrion shall purchase from Buyer such Equipment, and Buyer shall deliver to Akrion a bill of sale or such other documentation as may be reasonably requested by Akrion to evidence such repurchase by Akrion. 
 4. Right of Return. At any time and from time to time prior to April 7, 2007, Buyer shall have the right to return (the “Return
Right”) to Akrion any or all of the Equipment by providing written notice to Akrion stating that it desires to return the Equipment specifically set forth in such notice. Upon receipt of such notice, Buyer shall return to Akrion, and Akrion
shall accept from Buyer, such Equipment, and Buyer shall deliver to Akrion a bill of sale or such other documentation as may be reasonably requested by Akrion to evidence such return of Equipment to Akrion. 

 5. Repurchase/Return Price. In the event Akrion exercises its Repurchase Right or Buyer exercises
its Return Right, Akrion shall pay Buyer an amount as follows: 
 (a) If Akrion repurchases or Buyer returns all of the
Equipment, the purchase price that Akrion shall pay to Buyer shall be the sum of (i) $2,267,000 plus (ii) interest equal to (A) the product of $204,030 multiplied by the number of days between and including the date hereof and the
date on which the Repurchase Right or Return Right is exercised (B) divided by 365; 
 (b) If Akrion repurchases or Buyer
returns only the G Project Equipment, the purchase price that Akrion shall pay to Buyer shall be the sum of (i) $1,075,000 plus (ii) interest equal to (A) the product of $96,750 multiplied by the number of days between and including
the date hereof and the date on which the Repurchase Right or Return Right is exercised (B) divided by 365; and 
 (c) If
Akrion repurchases or Buyer returns only the TWMPS Equipment, the purchase price that Akrion shall pay to Buyer shall be the sum of (i) $1,192,000 plus (ii) interest equal to (A) the product of $107,280 multiplied by the number of
days between and including the date hereof and the date on which the Repurchase Right or Return Right is exercised (B) divided by 365. 
 6. Delivery of Equipment; Storage. Buyer hereby acknowledges that the Equipment is currently located outside the United States. At least five days prior to the date on which the Equipment is to be shipped to the United States, Akrion
shall give Buyer written notice of such scheduled delivery. Upon receipt of such notice, Buyer shall provide Akrion with the location to which the Equipment is to be delivered, and Akrion agrees that it will deliver, or direct the delivery of, the
Equipment to such specified location. In no event shall Buyer be responsible for any shipping costs or related fees and expenses in connection with the delivery of the Equipment to the location so designated by Buyer. If Buyer directs Akrion to
deliver the Equipment to Akrion’s Allentown, Pennsylvania facility, Akrion hereby agrees that it will store indefinitely the Equipment at such facility at no additional cost to Buyer. 
 7. Representations and Warranties. Akrion hereby represents and warrants to Buyer only as follows: 
 (a) Akrion is the sole owner of the Equipment and has the authority to enter into this Agreement and to sell the Equipment. 
 (b) The Equipment is merchantable and fit for its intended use. 
 8. Covenants. Until the one year anniversary of the date hereof, Akrion agrees that it will maintain adequate insurance coverage on the Equipment
with respect to the replacement cost of such Equipment. 
 9. Entire Agreement; Amendment. This Agreement constitutes the entire
agreement among the parties with respect to the subject matter of this Agreement and supersede all prior agreements, understandings, and negotiations, whether written or oral, with respect to the subject matter of this Agreement. None of the terms
and provisions contained in this Agreement may be changed without a writing signed by Akrion and Buyer. 
  

 2 

 10. Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of
each of the parties to this Agreement and their respective successors and permitted assigns. Akrion shall not have the right to assign this Agreement without the prior written consent of Buyer. Buyer may assign any or all of its rights and interests
under this Agreement without the prior consent of Akrion. 
 11. Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Any counterpart signature page delivered by facsimile transmission shall be deemed to be and have the same force and
effect as an originally executed signature page. This Agreement shall become binding when one or more counterparts hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories.

 12. Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement or such provision, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 
 13. Governing Law. This Agreement shall be governed
and construed as to its validity, interpretation and effect by the laws of the Commonwealth of Pennsylvania, notwithstanding the choice of law rules of Pennsylvania or any other jurisdiction. 
 IN WITNESS WHEREOF, Akrion and Buyer have caused this Equipment Purchase Agreement to be duly executed as of the date first written above. 
  

			
	AKRION, INC.
		
	By:	 	/s/ James Whittle
	Name:	 	James Whittle
	Title:	 	Chief Financial Officer
	
	SUNRISE CAPITAL INVESTMENTS, LLC
		
	By:	 	/s/ David A. Preiser
	Name:	 	David A. Preiser
	Title:	 	Managing Member

  

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