Document:

Promissory Note dated as of March 22, 2001

 Exhibit 10.10 
  

			
	

	  	 5-YEAR TREASURY RATE INDEX
 AMORTIZING PERMANENT LOAN
 (Standing Loan - No Interest Only Payments)
 (Recast Interest Rate and Payment Amount)
 (Prepayments 20% or Greater Allowed with Prepayment Fee)

  

			
	Amount of Note: $8,712,000.00	 	BANA Loan Number: 410-74946

 PROMISSORY NOTE SECURED BY DEED OF TRUST 
  

			
	March 22, 2001	 	Rancho Cordova, California

 1. BORROWER’S PROMISE TO PAY. 
 For value received, Super Micro Computer, Inc., a California corporation (“Borrower”) promises to pay *Eight million seven hundred twelve
thousand and no/100ths* Dollars ($8,712,000.00), or such lesser amount as shall be advanced under this promissory note (“Note”), plus interest, to the order of BANK OF AMERICA, N.A. (“Bank”), at Rancho Cordova, California, or at
such other place as the holder of this Note may from time to time require. 
 This Note evidences a Standing loan (the “Loan”) from
Bank to Borrower made pursuant to a Standing Loan Agreement (the “Loan Agreement”) between Bank and Borrower of even date herewith. This Note is secured by a deed of trust, assignment of rents and fixture filing (the “Deed of
Trust”) covering certain real property and other collateral. 
 2. INTEREST RATE AND PAYMENT TERMS. 
 A. The Interest Rate. Interest shall accrue at a rate per year equal to the Index Figure (as defined below) plus one and three quarters percent
(1.75%) (the “Spread”), adjusted every five (5) years as set forth in Section 3 below. The “Index Figure” means the asked yield for the most recently auctioned United States Treasury Bond or Note with a stated
maturity date which is five (5) years from the date of determination (or the nearest month thereafter available), as shown on the Telerate page 5 (or such other page as may replace it), rounded upward to the nearest one-eighth (0.125%) of one
percent. If at any time the Index Figure is no longer available, Bank, with notice to Borrower, will choose a new index that is based on comparable information. Initially, interest will accrue at the rate of Six and one-quarter percent
(6.25%) per year. 
 B. Monthly Payments. If the Loan funds on any day but the first day of a month, Borrower may be required by
Bank, at its sole discretion, to pay interest in advance from the funding date to the first day of the next month. For purposes hereof, the “funding date” means the date funds are disbursed from the Bank, whether disbursed directly to
Borrower or to an escrow agent or other similar party, regardless of when and if the funds are disbursed from such escrow agent or other similar party for Borrower’s benefit. Otherwise, principal and interest shall be payable in monthly
installments (the “Regular Payments”) equal to the monthly amount that would be necessary to repay principal and interest over a twenty (20) year amortization schedule (the “Amortization Schedule”). Initially, the amount of
the Regular Payments shall be Sixty four thousand one hundred forty four and 64/100ths Dollars ($64,144.64). The Regular Payments are subject to change if the interest rate changes as provided in Section 3 below. 
  

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 C. Payment Dates. Borrower shall pay two hundred thirty nine (239) monthly Regular Payments
beginning May 1, 2001, and continuing on the first day of each month thereafter, with a final payment of all remaining unpaid principal, accrued but unpaid interest and other sums due under this Note due and payable April 1, 2021 (the
“Maturity Date”). A balloon payment may be due on the Maturity Date. 
 D. Interest Calculation. Interest will be computed
on the basis of a 360 day year and actual days elapsed, which results in more interest than if a 365-day year were used. 
 3. CHANGES IN INTEREST RATE
AND MONTHLY PAYMENTS. 
 A. Changes in Interest Rate. The interest rate will change with changes in the Index Figure as follows:
May 1, 2006, and each May 1st, occurring at five (5) year intervals thereafter, are called “Change Dates.” The Index Figure available on each Change Date, rounded up to the nearest one-eighth of one percentage point
(0.125%), is called the “Current Index Figure.” Effective each Change Date, the interest rate will change to the Current Index Figure plus the Spread (the “New Interest Rate”). The Note will thereafter accrue interest at the New
Interest Rate until the next Change Date. Notwithstanding the foregoing, if the remaining term of the Loan on the final Change Date is less than five (5) years, the Current Index Figure for such final Change Date shall be the asked yield for
the most recently auctioned United States Treasury Bond or Note with a stated maturity date nearest in time to the month (or to the nearest month thereafter available) of the Maturity Date of the Loan, as shown on the Telerate page 5 (or such other
page as may replace it) on such final Change Date, rounded upward to the nearest one-eighth (0.125%) of one percent. 
 B. Changes in
Regular Payments. For each Change Date, Bank will determine the amount of monthly Regular Payments that will be necessary to repay the unpaid principal that Borrower is expected to owe at the Change Date (1) accruing interest at the New
Interest Rate (2) over a term equal to the Amortization Schedule less the number of whole calendar months that have elapsed during the term of the Loan. For example, if the Amortization Schedule is thirty (30) years and five (5) years
of the Amortization Phase have elapsed, the new Regular Payments will be based on a twenty-five (25) year amortization schedule. The result of this calculation will be the new amount of the Regular Payments. Borrower will pay the amount of the
new Regular Payments beginning on the first monthly payment date after the Change Date until the amount of the Regular Payments changes again. 
 C. No Limit on Amount of Interest or Payment Changes. There is no limit on the amount the interest rate or the Regular Payments on this Note may increase or decrease on any single Change Date, or in the aggregate on all Change Dates
throughout the life of the Loan. 
 D Notice of Changes. Bank will give Borrower notice of any changes in the interest rate or the
Regular Payments, but the effectiveness and date of such changes shall not be affected by such notice or the lack thereof. 
 4. PRINCIPAL
PREPAYMENTS. 
 A. Prepayments. Borrower may prepay principal on the Note in whole or in part in minimum amounts equal to or
greater than twenty percent (20%) of the face amount of this Note in accordance with the terms of this Section. Prepayments which are less than twenty percent (20%) of the face amount of this Note are not permitted. Borrower shall give
Bank irrevocable written notice of Borrower’s intention to make the prepayment, specifying the date and amount of 
  

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 the prepayment. The notice must be received by Bank at least five (5) Banking Days in advance of the prepayment. All
prepayments of principal on the Note shall be applied to the most remote principal installment or installments then unpaid. Each prepayment, whether voluntary, by reason of acceleration or otherwise, must be accompanied by payment of all accrued
interest on the amount prepaid and the prepayment fee (“Prepayment Fee”) described below. Bank will submit a certificate to Borrower setting forth its determination of any Prepayment Fee, which certificate shall be conclusive and binding
in the absence of manifest error. 
 B. Prepayment Fee. The Prepayment Fee will be the sum of the following: 
 (1) $250; plus 
 (2) the sum of the fees calculated separately as of each Original Payment Late as follows: 
 (a) subtract the
applicable Reinvestment Rate from the Cost of Funds Rate; 
 (b) divide the difference of (a) by twelve (12); 

(c) multiply the quotient of (b) by the Original Loan Balance on the Original Payment Date; 
 (d) determine the present value of the product from (c) using the applicable Reinvestment Rate; 
 (e) add together the amounts calculated in (d) as of each Original Payment Date; if the prepayment is a partial prepayment, multiply
this sum by the Prepaid Percentage; 
 (f) If the amount determined under (e) is less than zero (0), the component of the
Prepayment Fee calculated under this subpart (2) is zero (0); plus 
 (3) an amount equal to all costs and
expenses Bank reasonably expects to incur in liquidation and reinvestment of the prepaid funds. 
 C. Definitions. For purposes of
this Note, the capitalized terms used herein and not otherwise defined in the Note have the following meanings: 
 (1)
“Banking Day” means a day, other than a Saturday or Sunday, on which Bank is open for business for all banking functions in California. 
 (2) “Cost of Funds Rate” means the Index Figure in effect as of the date of prepayment plus one-quarter percentage point (1/4%). 
 (3) “Money Market” means one or more wholesale funding markets available to Bank, including domestic certificates of deposit,
Eurodollar deposits, bank deposit notes or other appropriate money market instruments selected by Bank. 
 (4) “Original
Loan Balance” means the principal balance of the Loan which would have been outstanding on a single Original Payment Date if there had been no prepayment. 
  

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 (5) “Original Payment Dates” means the dates on which principal of the Loan
would have been paid under the terms of this Note if there had been no prepayment. If a portion of principal of the Loan would have been paid after the next Change Date following the date of prepayment, then the Original Payment Date for that
portion will be such next Change Date. 
 (6) “Prepaid Percentage” means the quotient derived by dividing the amount
of the prepayment by the principal amount of the Loan outstanding immediately prior to the prepayment. 
 (7)
“Reinvestment Rate” means the fixed interest rate per annum, determined solely by Bank on the date of prepayment, that Bank could obtain by investing funds in the Money Market and that approximates a period of time starting on the date of
the prepayment and ending on the applicable Original Payment Date. The Reinvestment Rate is Bank’s estimate only, and Bank is under no obligation to actually reinvest any prepayment. Bank may adjust the Reinvestment Rate to reflect the
compounding, accrual basis, or other costs of the Loan. The Reinvestment Rate shall be based on information from either the Telerate or Reuters information services, or other information sources the Bank deems appropriate. 
 5. BORROWER’S WAIVER OF PREPAYMENT RIGHT. 
 By its signature below, Borrower expressly waives any right under California Civil Code Section 2954.10 or otherwise to prepay the Loan, in whole or in part, without a Prepayment Fee as described above. Borrower
acknowledges that prepayment of the Loan may result in Bank’s incurring additional losses, costs, expenses and liabilities, including, but not limited to, lost revenue and lost profits. Borrower therefore agrees to pay the Prepayment Fee if any
principal amount is prepaid, whether voluntarily or by reason of acceleration, including, but not limited to, acceleration upon any transfer or conveyance of any right, title or interest in the real property described in the Deed of Trust giving
Bank the right to accelerate the maturity of this Note pursuant to the Deed of Trust. Borrower agrees that Bank’s willingness to offer the interest rate described in this Note is sufficient and independent consideration, given individual weight
by Bank, for this waiver. Borrower understands that Bank would not offer such an interest rate to Borrower absent this waiver. 
  

					
	Borrower:	 	Super Micro Computer, Inc., a California corporation
			
		 	By:	 	 /s/ Charles Liang

		 		 	Charles Liang, President
			
		 	By:	 	 /s/ Sara Liu

		 		 	Sara Liu, Treasurer

 6. LATE PAYMENTS. 
 A. Late Charge for Overdue Payments. If Bank has not received the full amount of any monthly payment by the end of ten (10) calendar days
after the date it is due, Borrower will pay a late charge to Bank in the amount of six percent (6%) of the overdue payment. Borrower will pay this late charge only once on any late payment. 
 B. Default Rate. From and after the stated maturity of this Note, or such earlier date as all sums owing on this Note become due and payable by
acceleration or otherwise, all sums owing on this Note, at the option of Bank, shall bear interest until paid in full at three (3) percentage points above the rate at which interest would otherwise accrue under this Note. 
  

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 7. MISCELLANEOUS. 
 A. Payments. All amounts payable under this Note are payable in lawful money of the United States. Checks constitute payment only when collected.

      Joint and Several. If more than one person or entity are signing this Note as Borrower, their obligations
under this Note will be joint and several. 
 C. Loan Agreement. This Note is subject to the terms and conditions of the Loan
Agreement, which, among other things, contains provisions for acceleration of the maturity of this Note. 
 IN WITNESS WHEREOF, Borrower has
duly executed and delivered this Note to Bank as of the date first above written. 
  

			
	 Borrower: Super Micro Computer, Inc., a California corporation

		
	By:	 	 /s/ Charles Liang

		 	Charles Liang, President
		
	By:	 	 /s/ Sara Liu

		 	Sara Liu, Treasurer

  

 Page 5Standing Loan Agreement dated as of March 22, 2001

 Exhibit 10.11 
  

			
	

	 	Standing Loan Agreement

 This Standing Loan Agreement, dated as of March 22, 2001, is between Super Micro Computer, Inc., a California
corporation (“Borrower”) and Bank of America, N.A. and its successors and assigns (“Bank”). 
 AGREEMENT

  

	1.	Loan Terms 

  

	 	1.1	Amount and Purpose 

 Bank shall make a loan to
Borrower in the principal amount of Eight million seven hundred twelve thousand and no/100 Dollars ($8,712,000.00) (the “Loan”) to be used for the following purpose: To purchase real property. The Loan will be evidenced by a promissory
note (the “Note”) payable to Bank in the original principal amount of the Loan and will be secured by a Deed of Trust with Assignment of Rents and Fixture Filing (“Deed of Trust”) covering certain real property commonly known as
980 Rock Avenue, San Jose, California (together with all improvements now or hereafter located thereon, the “Property”) and certain personal property and other collateral. N/A (collectively, “Guarantors”) will guaranty
Borrower’s obligations under this Agreement pursuant to a N/A of even date herewith (collectively, the “Guaranties”). (If “Not Applicable” is indicated in the previous sentence, the Loan will not be guaranteed and all
references to “Guaranties” and “Guarantors” in this Agreement may be disregarded.) 
 In addition, Borrower has agreed to
indemnify Bank against certain environmental hazards pursuant to a Secured and Unsecured Indemnity Agreement. The term “Guarantor” shall include this party and the term “Guaranty” shall include this indemnity agreement. This
Agreement, the Note, the Deed of Trust, the Guaranties, if any, and all other documents evidencing, securing or otherwise pertaining to the Loan will be referred to as the “Loan Documents.” 
  

	 	1.2	Documentation 

 At the closing of this transaction,
Borrower will deliver the following documents and other items, executed and acknowledged as appropriate, all in form and substance satisfactory to Bank: (a) this Agreement; (b) the Note; (c) the Deed of Trust; (d) a UCC-1
Financing Statement perfecting a first-position lien on all personal property collateral, if any; (e) the Guaranties, if any; (f) an ALTA title insurance policy insuring Bank that the Deed of Trust constitutes a valid and enforceable lien
on the Property subject and subordinate only to such liens or other matters as Bank has approved in writing; (g) if the Deed of Trust is to be junior to any other lien or deed of trust on the Property, a Beneficiary’s Statement from the
holder of such prior lien or deed of trust; (h) evidence of the casualty and other insurance coverage required under this Agreement; (i) if Borrower is anything other than a natural person, evidence of Borrower’s due formation and
good standing, as well as due authorization and execution of the Loan Documents; (j) if applicable, Subordination Agreements and Estoppels from tenants leasing space in the Property; (k) if the Property is to be leased to third parties,
Borrower’s pro forma lease form; (l) a loan fee in the amount of $87,120.00; (m) an Environmental Questionnaire and Disclosure Statement prepared and certified by Borrower, and, if Bank requires, an environmental survey of the
Property prepared by an environmental consultant satisfactory to Bank; and (n) such other documents, Property information and other assurances as Bank may require. 
  

	 	1.3	The Affiliate 

 N/A, an entity affiliated with
Borrower (the “Affiliate”), shall occupy the Property for the conduct of its regular business. Borrower acknowledges that the Affiliate’s activities and financial condition are of material concern to Bank. Accordingly, all references
in this Agreement to Borrower shall be understood to mean the Affiliate as well as, or in lieu of, Borrower, as the context may require. For example, any covenant by Borrower to comply with laws respecting its business shall include a 
  

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 convenant to casue the Affiliate to comply as well. Likewise, any representation regarding
Borrower’s business shall also be a representation regarding the Affiliate’s business, and any condition or Event of Default that involves Borrower’s financial condition or activities shall also include the Affiliate’s financial
condition or activities. 
  

	 	1.4	Disbursement Procedures 

 Bank shall disburse the
Loan proceeds as follows: 
 by wire to North American Title Company, escrow number 2200983. 
  

	II.	Convenants of the Borrower 

 Borrower promises to
keep each of the following covenants: 
  

	 	2.1	Compliance with Law 

 Borrower shall comply with all
existing and future laws, regulations, orders, building restrictions and requirements of, and all agreements with and commitments to, all governmental, judicial or legal authorities having jurisdiction over the Property and Borrower’s business.

  

	 	2.2	Conditional Sales Contracts 

 Without Bank’s
prior written consent, Borrower shall not purchase any materials, equipment, furnishings or fixtures to be installed on the Property under any agreement where the seller reserves title or the right of removal or repossession after such items are
installed on the Property. 
  

	 	2.3	Site Visits 

 Borrower shall allow Bank access to
the Property at any reasonable time for the purposes of performing an appraisal, inspecting the Property, taking soil or groundwater samples, and conducting tests, among other things, to investigate for the presence of Hazardous Substances, as
defined in Article IV. Borrower shall also allow Bank to examine, copy and audit its books and records. Bank is under no duty to visit or observe the Property, or to examine any books or records. Any site visit, observation or examination by Bank
shall be solely for the purpose of protecting Bank’s security and preserving Bank’s rights under the Loan Documents. Bank owes no duty of care to protect Borrower or any other party against, or to inform Borrower or any other party of, any
adverse condition affecting the Property, including any defects in the design or construction of any improvements on the Property or the presence of any Hazardous Substances on the Property. 
  

	 	2.4	Insurance 

 Borrower shall maintain the following
insurance: 
  

	 	(a)	All risk property damage insurance in nonreporting form on the Property, with a policy limit in an amount not less than the full insurable value of the Property on a replacement
cost basis, including tenant improvements, if any. The policy shall include a business interruption (or rent loss, if more appropriate) endorsement, taxes and insurance premiums, a lender’s loss payable endorsement (438 BFU) in favor of Bank,
and any other endorsements required by Bank. 

  

	 	(b)	Comprehensive General Liability coverage with such limits as Bank may require. This policy shall name Bank as an additional insured. Coverage shall be written on an occurrence
basis, not claims made. 

  

	 	(c)	Such other insurance as Bank may require, which may include earthquake and flood. 

 All policies of insurance required by Bank must be issued by companies approved by Bank and otherwise be acceptable to Bank as to amounts, forms, risk coverages and deductibles. In addition, each policy (except
workers’ compensation) must provide Bank at least thirty (30) days’ prior notice of cancellation, non-renewal or modification. If Borrower fails to keep any such coverage in effect while the Loan is outstanding, Bank may procure the
coverage at Borrower’s expense. Borrower shall 
  

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 reimburse Bank, on demand, for all premiums advanced by Bank, which advances shall be considered to be
additional loans to Borrower secured by the Deed of Trust and bearing interest at the default rate provided in the Note. 
  

	 	2.5	Payment of Expenses 

 Borrower shall pay all costs
and expenses incurred by Bank in connection with the making, disbursement and administration of the Loan, as well as any revisions, extensions, renewals or “workouts” of the Loan, and in the exercise of any of the Bank’s rights or
remedies under this Agreement. Such costs and expenses include title insurance, recording and escrow charges, fees for appraisal, environmental services, legal fees and expenses of Bank’s counsel and any other reasonable fees and costs for
services, regardless of whether such services are furnished by Bank’s employees or by independent contractors. Borrower acknowledges that the Loan fee does not include amounts payable by Borrower under this section. All such sums incurred by
Bank and not immediately reimbursed by Borrower shall be considered an additional loan to Borrower secured by the Deed of Trust and bearing interest at the default rate provided in the Note. 
  

	 	2.6	Financial and Other Information 

 If Borrower or any
Guarantor is other than a natural person or a trust, Borrower shall provide Bank, within one hundred twenty (120) days of the close of Borrower’s and each such Guarantor’s fiscal year-end, its and each such Guarantor’s annual
financial statements, including a year-end balance sheet and annual profit and loss statement and shall provide copies of its and each such Guarantor’s tax returns, together with all supporting schedules, within thirty (30) days of filing
same. Borrower and Guarantor shall provide CPA audited financial statements. If Borrower or any Guarantor is a natural person or a trust, Borrower shall provide Bank its and each such Guarantor’s year end financial statement within ninety
(90) days of the calendar year end and shall provide copies of its and each such Guarantor’s tax returns, together with all supporting schedules, within thirty (30) days of filing same. Borrower shall also provide an annual operating
statement on the Property in form and substance satisfactory to Bank. On request, Borrower shall promptly provide Bank with any other financial or other information concerning its and each Guarantor’s affairs and properties as Bank may request.

  

	 	2.7	Notices 

 Borrower shall promptly notify Bank in
writing of: 
  

	 	(a)	any litigation affecting Borrower, any Guarantor or the Property, and, if Borrower or any Guarantor is other than a natural person or trust, any general partner or controlling
shareholder of Borrower or such Guarantor; 

  

	 	(b)	any notice that the Property or Borrower’s or Guarantor’s business fails in any respect to comply with any applicable law, regulation or court order; and

  

	 	(c)	any material adverse change in the physical condition of the Property or Borrower’s or any Guarantor’s financial condition or operations or other circumstance that
adversely affects Borrower’s intended use of the Property or Borrower’s ability to repay the Loan. 

  

	 	2.8	Indemnity 

 Borrower agrees to indemnify, defend
with counsel acceptable to Bank, and hold Bank harmless from and against all liabilities, claims, actions, damages, costs and expenses (including all legal fees and expenses of Bank’s counsel) arising out of or resulting from the ownership,
operation, or use of the Property, whether such claims are based on theories of derivative liability, comparative negligence or otherwise. Notwithstanding anything to the contrary in any other Loan Document, the provisions of this Section 2.8
shall not be secured by the Deed of Trust, and shall survive the termination of this Agreement, repayment of the Loan and foreclosure of the Deed of Trust or similar proceedings. 
  

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	 	2.9	Preservation of Rights; Maintenance of Properties 

 Borrower shall obtain and preserve all rights, privileges and franchises necessary or desirable for the operation of the Property and the conduct of Borrower’s business. Borrower shall maintain all its properties in good condition.

  

	 	2.10	Transfer of Assets 

 Borrower will not transfer
assets to a trust unless the trust agreement is reviewed by the Bank and judged acceptable and the trustee issues a guarantee or payment. 
  

	 	2.11	Negative Covenants 

 Without Bank’s prior
written consent, Borrower shall not: 
  

	 	(a)	engage in any business activities substantially different from Borrower’s present business; 

  

	 	(b)	liquidate or dissolve Borrower’s business; 

  

	 	(c)	lease or dispose of all or a substantial part of Borrower’s business or Borrower’s assets; 

  

	 	(d)	sell any assets for less than fair market price; or 

  

	 	(e)	enter into any consolidation, merger, pool, syndicate or other combination. 

  

	 	2.12	Performance of Acts 

 Upon request by Bank, Borrower
shall perform all acts which may be necessary or advisable to perfect any lien or security interest provided for in the Loan Documents or to carry out the intent of the Loan Documents. 
  

	 	2.13	Keeping Guarantor Informed 

 Borrower shall keep
each Guarantor, and any third party executing the Deed of Trust or any other security instrument securing the Loan, informed of Borrower’s financial condition and business operations and all other circumstances which may affect Borrower’s
ability to pay and perform its obligations under the Loan Documents. In addition, Borrower shall deliver to each such person all of the financial information required to be furnished to Bank hereunder. 
  

	III.	Use or Leasing of the Property 

  

	 	3.1	Use of the Property 

  

	 	(a)	Borrower shall occupy the Property for the conduct of its regular business. Borrower shall not change its intended use of the Property without Bank’s prior written approval.

  

	 	3.2	Leasing 

 Except as otherwise approved by Bank in
writing, all leases of space in the Property shall be documented on a pro forma lease approved by Bank, shall be entered into with bona fide third party tenants financially capable of performing their obligations under their leases, and shall
reflect arms-length transactions at the then current market rate for comparable space. Borrower shall perform all obligations required to be performed by it as landlord under any lease affecting any part of the Property. Borrower shall not accept
payment of more than one month’s rent in advance from any tenant. 
  

	 	3.3	Delivery of Leasing Information and Documents 

 Borrower shall promptly deliver to Bank such rent rolls, leasing schedules and reports, operating statements or other leasing information as Bank from time to time may request, and shall promptly notify Bank of any material tenant dispute
or material adverse change in leasing activity on the Property. Borrower shall promptly obtain and deliver to Bank such estoppel certificates and 
  

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 subordination and attornment agreements from tenants as Bank from time to time may require. In no event
shall any approval by Bank of a lease be a representation of any kind with regard to the lease or its enforceability, or the financial capacity of any tenant or lease guarantor. 
  

	 	3.4	Income from property 

 Borrower shall first apply
all income derived from the Property, including all income from leases, to pay costs and expenses associated with the ownership, maintenance, operation and leasing of the Property, including all amounts then required to be paid under the Loan
Documents, before using or applying such income for any other purpose. No such income shall be distributed or paid to any partner, shareholder or, if Borrower is a trust, to any beneficiary or trustee, unless all such costs and expenses which are
then due have been paid in full. 
 Hazardous Substances 
 Notwithstanding any provision in the Deed of Trust or any other Loan Document, the provisions of this Article IV shall not be secured by the Deed of Trust and shall survive termination of this Agreement, repayment of
the Loan, and foreclosure of the Deed of Trust or similar proceedings. 
  

	 	4.1	Definition of Hazardous Substance 

 For purposes of
this Agreement, a “Hazardous Substance” is defined to mean any substance, material or waste, including asbestos and petroleum (including crude oil or any fraction thereof), which is or becomes designated, classified or regulated as
“toxic,” “hazardous,” a “pollutant” or similar designation under any federal, state or local law, regulation or ordinance. 
  

	 	4.2	Indemnity Regarding Hazardous Substances 

 Borrower
agrees to indemnify, defend with counsel acceptable to Bank, and hold Bank, its parent and affiliated companies, and their respective officers, directors, employees and agents, harmless from and against all actual or threatened liabilities, claims,
actions, damages (including foreseeable and unforeseeable consequential damages), penalties, costs, expenses (including attorney’s fees) and losses directly or indirectly arising out of or resulting from the presence of any Hazardous Substance
in or around any part of the Property or in the soil or groundwater under the Property, including (1) any expenses incurred in connection with any investigation of site conditions or any clean-up, remedial, removal or restoration work, and
(2) any resulting damages or injuries to the person or property of any third parties or to any natural resources. In addition, Borrower shall similarly indemnify, defend and hold harmless any persons purchasing the Property through a
foreclosure sale or following a foreclosure sale, and any persons purchasing the Loan or any portion of or interest in it. 
  

	 	4.3	Representation and Warranty 

 Before signing this
Agreement, Borrower has received written information concerning Hazardous Substances on or about the Property (if any), and Borrower has caused certain persons to research and inquire into the previous, current and contemplated uses and ownership of
the Property. Based on said information and inquiries, Borrower represents and warrants that, to the best of its knowledge, no Hazardous Substance has been or will be disposed of, released onto or otherwise exists in, on, or under the Property,
except as Borrower has disclosed to Bank in writing. 
  

	 	4.4	Compliance with Law; Notices 

 Borrower has
complied, and shall comply and cause all occupants of the Property to comply, with all laws, regulations and ordinances governing or applicable to Hazardous Substances as well as the recommendations of any qualified environmental engineer or other
expert. Borrower shall promptly notify Bank if it knows or suspects there may be any Hazardous Substance in or around the Property, or in the soil or groundwater under the Property, or if any action or investigation by any governmental agency or
third party pertaining to Hazardous Substances is pending or threatened. 
 Representations and Warranties 
 Borrower promises that each representation and warranty set forth below is true, accurate and correct. 
  

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	 	5.1	Formation; Authority 

 If Borrower is anything other
than a natural person, it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. Borrower is authorized to
execute, deliver and perform its obligations under each of the Loan Documents. 
  

	 	5.2	No Violation 

 Neither Borrower nor the Property is
in violation of, nor do the terms of this Agreement conflict with, any regulation or ordinance, any order of any court or governmental entity, or any covenant or agreement affecting Borrower or the Property. There are no claims, actions, proceedings
or investigations pending or threatened against Borrower or affecting the Property except for those previously disclosed by Borrower to Bank in writing. 
  

	 	5.3	Financial Information 

 All financial information
which has been and will be delivered to Bank, including all information relating to the financial condition of Borrower, any of its partners, shareholders, or other principals, any Guarantor, and the Property, does and will fairly and accurately
represent the financial condition being reported on. All such information was and will be prepared in accordance with generally accepted accounting principles consistently applied, unless otherwise noted. As of the date hereof, there has been no
material adverse change in any financial condition reported at any time to Bank. 
  

	 	5.4	Borrower Not a “Foreign Person” 

 Borrower
is not a “foreign person” within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended from time to time. 
  

	 	5.5	Disclosure to Guarantor 

 Before each Guarantor,
and, if applicable, each third party executing the Deed of Trust or other instrument securing the Loan, became obligated in connection with the Loan, Borrower made full disclosure to that person regarding Borrower’s financial condition and
business operations and all other circumstances bearing upon Borrower’s ability to pay and perform its obligations under the Loan Documents. 
  

	 	5.6	Other Financial Information 

  

	 	(a)	Current Ratio. Borrower shall maintain a current ratio of no less than 1.50. 

  

	 	(b)	Debt to Tangible Net Worth. Borrower shall have a debt-to tangible net worth ratio of no more than 2.25 at fiscal year end 6/30/01 and 6/30/02, 2.00 at fiscal year end
6/30/03, and 1.75 at each fiscal year end thereafter. 

  

	 	(c)	Debt Coverage Ratio. Borrower shall maintain a debt coverage ratio of no less than 1.35. This ratio will be calculated by adding together Net Profits, Depreciation and
Interest Expense and dividing this total by the total of all principal and interest payment due in the fiscal year. 

  

	VI.	Default and Remedies 

  

	 	6.1	Events of Default 

 Borrower will be in default
under this Agreement upon the occurrence of any one or more of the following events (“Events of Default”): 
  

	 	(a)	Borrower fails to make any payment due under the Note, or fails to make any payment demanded by Bank under any Loan Document, within ten (10) days after the date due or
demanded; or 

  

 -6- 

	 	(b)	Borrower fails to comply with any covenant contained in this Agreement other than those referred to in clause (a), and does not either cure that failure within thirty (30) days
after written notice from Bank, or, if the default cannot be cured in thirty days, within a reasonable time; or 

  

	 	(c)	Borrower or any Guarantor, or Borrower’s managing general partner if it is a partnership or its majority shareholder if it is a corporation, becomes insolvent or the subject of
any bankruptcy or other voluntary or involuntary proceeding, in or out of court, for the adjustment of debtor-creditor relationships; or 

  

	 	(d)	Borrower or any Guarantor dissolves or liquidates, or any of these events happens to Borrower’s managing general partner if it is a partnership or to its chief executive or
majority shareholder if it is a corporation, or, if Borrower or any Guarantor is a trust, the trust is revoked or materially modified or there is a change or substitution of the trustee; or 

  

	 	(e)	Borrower or any Guarantor dies or becomes permanently disabled, or any of these events happens to Borrower’s or any Guarantor’s managing general partner, if it is a
partnership, or its trustee, if it is a trust; or 

  

	 	(f)	Any representation or warranty made or given in any of the Loan Documents proves to be false or misleading in any material respect; or 

  

	 	(g)	Any Guarantor revokes its Guaranty or any Guaranty becomes ineffective for any reason; or 

  

	 	(h)	An event of default occurs under any of the Loan Documents; or 

  

	 	(i)	Bank fails to have an enforceable first lien on or security interest in any property given as security for the Loan (except as approved by Bank in writing); or

  

	 	(j)	A lawsuit or suits are filed against Borrower or any Guarantor, or a judgment or judgments are entered against Borrower or any Guarantor, or any government authority takes action
that materially adversely effects Borrower’s intended use of the Property or Borrower’s or any Guarantor’s ability to repay the Loan; or 

  

	 	(k)	Borrower, any Guarantor or any person affiliated with Borrower or any Guarantor fails to meet the conditions of, or fails to perform any obligation under, any other agreement
Borrower has with Bank or any affiliate of Bank, including without limitation that certain loan made by Bank in the amount of $1,263,000.00 secured by a junior deed of trust on the Property. For the purposes of this section, “affiliated
with” means in control of, controlled by or under common control with; or 

  

	 	(l)	Borrower, any Guarantor or any person affiliated with Borrower or any Guarantor defaults in connection with any credit such person has with any lender, if the default consists of
the failure to make a payment when due or gives the other lender the right to accelerate the obligation, or if the obligation is secured by a lien on the Property. For the purposes of this section, “affiliated with” means in control of,
controlled by or under common control with; or 

  

	 	(m)	There is a material adverse change in Borrower’s or any Guarantor’s financial condition, or event or condition that materially impairs Borrower’s intended use of the
Property or Borrower’s or any Guarantor’s ability to repay the Loan. 

  

	 	6.2	Remedies 

 If an Event of Default occurs under this
Agreement, 
  

	 	(a)	Bank may exercise any right or remedy which it has under any of the Loan Documents, or which is otherwise available at law or in equity or by statute, and all of Bank’s rights
and 

  

 -7- 

	 	    	remedies shall be cumulative. All of Borrower’s obligations under the Loan Documents shall become immediately due and payable without notice of default, presentment or demand
for payment, protest or notice of nonpayment or dishonor, or other notices or demands of any kind or character, all at Bank’s option, exercisable in its sole discretion. 

  

	 	(b)	Bank shall have the right in its sole discretion to enter the Property and take possession of it whether in person, by agent or by court-appointed receiver, collect rents and
otherwise protect its collateral. If Bank exercises any of the rights or remedies provided in this clause (b), that exercise shall not make Bank a partner or joint venturer of Borrower. All sums which are expended by Bank in preserving its
collateral shall be considered an additional loan to Borrower secured by the Deed of Trust and bearing interest at the default rate provided in the Note. 

 Reference and Arbitration 
  

	 	7.1	Judicial Reference 

 In any judicial action between
or among the parties, including but not limited to any action or cause of action arising out of or relating to this Agreement or the Loan Documents or based on or arising from an alleged tort, all decisions of fact and law shall at the request of
any party be referred to a referee in accordance with California Code of Civil Procedure Sections 638 et seq. The parties shall designate to the court a referee or referees selected under the auspices of the American Arbitration
Association (“AAA”) in the same manner as arbitrators are selected in AAA-sponsored proceedings. The presiding referee of the panel, or the referee if there is a single referee, shall be an active attorney or retired judge. Judgment upon
the award rendered by such referee or referees shall be entered in the court in which such proceeding was commenced in accordance with California Code of Civil Procedure Sections 644 and 645. 
  

	 	7.2	Mandatory Arbitration 

 After the Deed of Trust has
been released, fully reconveyed, or extinguished, any controversy or claim between or among the parties, including those arising out of or relating to this Agreement or the Loan Documents and any claim based on or arising from an alleged tort, shall
at the request of any party be determined by arbitration. The arbitration shall be conducted in accordance with the United States Arbitration Act (Title 9, U.S. Code), notwithstanding any choice of law provision in this Agreement, and under the
Commercial Rules of the AAA. The arbitrators(s) shall give effect to statutes of limitation in determining any claim. Any controversy concerning whether an issue is arbitrable shall be determined by the arbitrator(s). Judgment upon the arbitration
award may be entered in any court having jurisdiction. The institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary remedy shall not constitute a waiver of the right of any party, including the plaintiff,
to submit the controversy or claim to arbitration if any other party contests such action for judicial relief. 
  

	 	7.3	Real Property Collateral 

 Notwithstanding the
provisions of Section 7.2, no controversy or claim shall be submitted to arbitration without the consent of all parties if, at the time of the proposed submission, such controversy or claim arises from or relates to an obligation to Bank which
is secured by real property collateral. If all parties do not consent to submission of such a controversy or claim to arbitration, the controversy or claim shall be determined as provided in Section 7.1. 
  

	 	7.4	Provisional Remedies, Self-Help and Foreclosure 

 No
provision of this Article VII shall limit the right of any party to this Agreement to exercise self-help remedies such as setoff, foreclosure against or sale of any real or personal property collateral or security, or obtaining provisional or
ancillary remedies from a court of competent jurisdiction before, after, or during the pendency of any arbitration or other proceeding. The exercise of a remedy does not waive the right of either party to resort to arbitration or reference. At
Bank’s option, foreclosure under a deed of trust or mortgage may be accomplished either by exercise of power of sale under the deed of trust or mortgage or by judicial foreclosure. 
  

 -8- 

	VIII.	Miscellaneous Provisions 

  

	 	8.1	No Waiver; Consents 

 No alleged waiver by Bank
shall be effective unless in writing, and no waiver shall be construed as a continuing waiver. No waiver shall be implied from any delay or failure by Bank to take action on account of any default of Borrower. Consent by Bank to any act or omission
by Borrower shall not be construed as a consent to any other or subsequent act or omission. 
  

	 	8.2	No Third Parties Benefited 

 This Agreement is made
and entered into for the sole protection and benefit of Bank and Borrower and their successors and assigns. No trust fund is created by this Agreement and no other persons or entities shall have any right of action under this Agreement or any right
to the Loan funds. 
  

	 	8.3	Notices 

 All notices given under this Agreement
shall be in writing and shall be effectively served upon delivery, or if mailed, upon the first to occur of receipt or the expiration of forty-eight hours after deposit in first-class or certified United States mail, postage prepaid, sent to the
party at its address appearing below its signature. Those addresses may be changed by either party by notice to the other party. 
  

	 	8.4	Attorneys’ Fees 

 If any lawsuit, reference or
arbitration is commenced which arises out of, or which relates to this Agreement, the Loan Documents or the Loan, including any alleged tort action, regardless of which party commences the action, the prevailing party shall be entitled to recover
from each other party such sums as the court, referee or arbitrator may adjudge to be reasonable attorneys’ fees in the action or proceeding, in addition to costs and expenses otherwise allowed by law. In all other situations, including any
bankruptcy or other voluntary or involuntary proceeding, in or out of court, for the adjustment of debtor-creditor relationships, Borrower agrees to pay all of Bank’s costs and expenses, including attorneys’ fees, which may be incurred in
any effort to collect or enforce the Loan or any part of it or any term of any Loan Document. From the time(s) incurred until paid in full to Bank, all sums shall bear interest at the default rate provided in the Note. 
  

	 	8.5	Heirs, Successors and Assigns 

 The terms of this
Agreement shall bind and benefit the heirs, legal representatives, successors and assigns of the parties; provided, however, that Borrower may not assign this Agreement without the prior written consent of Bank. Bank shall have the right to transfer
the Loan to any other persons or entities without the consent of or notice to Borrower. Without the consent of or notice to Borrower, Bank may disclose to any prospective purchaser of any securities issued by Bank, and to any prospective or actual
purchaser of any interest in the Loan or any other loans made by Bank to Borrower, any financial or other information relating to Borrower, the Loan or the Property. 
  

	 	8.6	Interpretation 

 The language of this Agreement
shall be construed as a whole according to its fair meaning, and not strictly for or against any party. The word “include(s)” means “include(s), without limitation,” and the word “including” means “including, but
not limited to.” Whenever Borrower is obligated to pay or reimburse Bank for any attorneys’ fees, those fees shall include the allocated costs for services of in-house counsel. 
  

	 	8.7	Miscellaneous 

 This Agreement may not be modified
or amended except by a written agreement signed by the parties. The invalidity or unenforceability of any one or more provisions of this Agreement shall in no way affect any other provision. If Borrower consists of more than one person or entity,
each shall be jointly and severally liable to Bank for the faithful performance of this Agreement and the other Loan Documents. Time is of the essence in the performance of this Agreement and the other Loan Documents. This Agreement shall be
governed by California law. 
  

 -9- 

	 	8.8	Integration and Relation to Loan Commitment 

 The
Loan Documents fully state all of the terms and conditions of the parties’ agreement regarding the matters mentioned in or incidental to this Agreement. The Loan Documents supersede all oral negotiations and prior writings concerning the
subject matter of the Loan Documents, including any loan commitment issued to Borrower. 
  

	 	8.9	Relationships with Other Bank Customers 

 From time
to time, Bank may have business relationships with Borrower’s customers, suppliers, contractors, tenants, partners, shareholders, officers or directors, with businesses offering products or services similar to those of Borrower, or with persons
seeking to invest in, borrow from or lend to Borrower. Borrower agrees that in no event shall Bank be obligated to disclose to Borrower any information concerning any other Bank customer. Borrower further agrees that Bank may extend credit to those
parties and may take any action it may deem necessary to collect any such credit, regardless of any effect the extension or collection of such credit may have on Borrower’s financial condition or operations. 
  

											
	Borrower: Super Micro Computer, Inc., a California corporation	 		 	BANK OF AMERICA, N.A.
						
	X	 		 	 /s/ Charles Liang
	 		 	X	 	 /s/ Judy Jensen

		 		 	Charles Liang, President	 		 		 	Judy Jensen, Vice President
						
	X	 		 	 /s/ Sara Liu
	 		 		 	
		 		 	Sara Liu, Treasurer	 		 		 	
			
	Address:	 		 	Address:
	980 Rock Avenue	 		 	P.O. Box 1186
	San Jose, CA 95131	 		 	Rancho Cordova, CA 95741

  

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