Document:

exv10w47

Exhibit 10.47

AMENDMENT NO. 10

TO

SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

     THIS AMENDMENT NO. 10 to Second Amended and Restated Loan and Security Agreement (this
“Amendment”) is entered as of this 2nd day of August, 2011, by and between Silicon Valley Bank
(“Bank”) and Harmonic Inc., a Delaware corporation (“Borrower”) whose address is 4300 North First
Street, San Jose, California 95134.

Recitals

     A. Bank and Borrower have entered into that Second Amended and Restated Loan and Security
Agreement dated as of December 17, 2004 (as amended by the First Amendment to Second Amended and
Restated Loan and Security Agreement dated as of December 16, 2005, Amendment No. 2 to Second
Amended and Restated Loan and Security Agreement dated as of December 15, 2006, Amendment No. 3 to
Second Amended and Restated Loan and Security Agreement dated as of March 15, 2007, Amendment No. 4
to Second Amended and Restated Loan and Security Agreement dated as of March 12, 2008, Amendment
No. 5 to Second Amended and Restated Loan and Security Agreement dated as of March 4, 2009,
Amendment No. 6 to Second Amended and Restated Loan and Security Agreement dated as of March 4,
2010, Amendment No. 7 to Second Amended and Restated Loan and Security Agreement dated as of March
4, 2011, Amendment No. 8 to Second Amended and Restated Loan and Security Agreement dated as of
April 29, 2011, and Amendment No. 9 to Second Amended and Restated Loan and Security Agreement
dated as of June 2, 2011, and as may be further amended, modified, supplemented or restated, the
“Loan Agreement”).

     B. Bank has extended credit to Borrower for the purposes permitted in the Loan Agreement.

     C. Borrower has requested that Bank amend the Loan Agreement to extend the maturity date.

     D. Bank has agreed to so amend the Loan Agreement, but only to the extent, in accordance with
the terms, subject to the conditions and in reliance upon the representations and warranties set
forth below.

Agreement

     Now, Therefore, in consideration of the foregoing recitals and other good and
valuable consideration, the receipt and adequacy of which is hereby acknowledged, and intending to
be legally bound, the parties hereto agree as follows:

          1. Definitions. Capitalized terms used but not defined in this Amendment shall have the
meanings given to them in the Loan Agreement.

 

          2. Amendment to Loan Agreement.

               2.1 Section 13 (Definitions). The following term and its definition set forth in Section 13.1
is amended in its entirety and replaced with the following:

               ““Maturity Date” is September 2, 2011.”

          3. Limitation of Amendment.

               3.1 The amendment set forth in Section 2, above, are effective for the purposes set forth
herein and shall be limited precisely as written and shall not be deemed to (a) be a consent to any
amendment, waiver or modification of any other term or condition of any Loan Document, or (b)
otherwise prejudice any right or remedy which Bank may now have or may have in the future under or
in connection with any Loan Document.

               3.2 This Amendment shall be construed in connection with and as part of the Loan Documents and
all terms, conditions, representations, warranties, covenants and agreements set forth in the Loan
Documents, except as herein amended, are hereby ratified and confirmed and shall remain in full
force and effect.

          4. Representations and Warranties. To induce Bank to enter into this Amendment, Borrower
hereby represents and warrants to Bank as follows:

               4.1 Immediately after giving effect to this Amendment (a) the representations and warranties
contained in the Loan Documents are true, accurate and complete in all material respects as of the
date hereof (except to the extent such representations and warranties relate to an earlier date, in
which case they are true and correct as of such date), and (b) no Event of Default has occurred and
is continuing;

               4.2 Borrower has the power and authority to execute and deliver this Amendment and to perform
its obligations under the Loan Agreement, as amended by this Amendment;

               4.3 The organizational documents of Borrower delivered to Bank on December 17, 2004 remain
true, accurate and complete and have not been amended, supplemented or restated and are and
continue to be in full force and effect;

               4.4 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, have been duly
authorized;

               4.5 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, do not and will not
contravene (a) any law or regulation binding on or affecting Borrower, (b) any contractual
restriction with a Person binding on Borrower, (c) any order, judgment or decree of any court or
other governmental or public body or authority, or subdivision thereof, binding on Borrower, or (d)
the organizational documents of Borrower;

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               4.6 The execution and delivery by Borrower of this Amendment and the performance by Borrower
of its obligations under the Loan Agreement, as amended by this Amendment, do not require any
order, consent, approval, license, authorization or validation of, or filing, recording or
registration with, or exemption by any governmental or public body or authority, or subdivision
thereof, binding on either Borrower, except as already has been obtained or made; and

               4.7 This Amendment has been duly executed and delivered by Borrower and is the binding
obligation of Borrower, enforceable against Borrower in accordance with its terms, except as such
enforceability may be limited by bankruptcy, insolvency, reorganization, liquidation, moratorium or
other similar laws of general application and equitable principles relating to or affecting
creditors’ rights.

          5. Counterparts. This Amendment may be executed in any number of counterparts and all of such
counterparts taken together shall be deemed to constitute one and the same instrument.

          6. Effectiveness. This Amendment shall be deemed effective upon the due execution and
delivery to Bank of this Amendment by each party hereto.

[Signature page follows.]

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     In Witness Whereof, the parties hereto have caused this Amendment to be duly executed
and delivered as of the date first written above.

	 	 	 	 	 	 	 

	BANK	 	 	 	BORROWER
	 
	 	 	 	 	 	 
	Silicon Valley Bank	 	Harmonic Inc.
	 
	 	 	 	 	 	 
	By 

Name:

	 	/s/ Nick Tsiagkas
 
 Nick
Tsiagkas
	 	By

Name:
	 	/s/ Carolyn V. Aver
 
 Carolyn
V. Aver
	Title:

	 	Relationship
Manager
	 	Title:
	 	Chief Financial
Officerexv4w1

Exhibit 4.1

AMENDMENT TWO

TO

RIGHTS AGREEMENT

THIS AMENDMENT TWO TO RIGHTS AGREEMENT (this “Amendment”), dated as of August 10, 2011, is entered into by
and between Astrotech Corporation, a Washington corporation (the “Company”), and American Stock Transfer &
Trust Company, LLC, as rights agent (the “Rights Agent”), pursuant to Section 27 of the Rights Agreement, dated
as of July 29, 2009, as amended July 29, 2010, (the “Rights Agreement”), between the Company and the Rights
Agent.

WHEREAS, Section 27 of the Rights Agreement provides that prior to the time any person becomes an Acquiring Person
(as defined in the Rights Agreement) the Company may from time to time supplement and amend any provision of the Rights
Agreement in any respect without the approval of the holders of the Rights (as defined in the Rights Agreement); and

WHEREAS, the Rights under the Rights Agreement are scheduled to expire at the Close of Business on August 10, 2011
(the “Expiration Date”); and

WHEREAS, the Board of Directors of the Company has determined that it is in the best interests of the Company to
amend the Rights Agreement to extend the Expiration Date, and to take such further actions as may be necessary or
appropriate to effectuate such extension.

NOW THEREFORE, in consideration of the premises and mutual agreements set forth herein and in the Rights
Agreement, the parties hereby agree as follows:

Section 1. Definitions. Capitalized terms used but not defined herein shall have the meaning assigned to
such terms in the Rights Agreement.

Section 2. Amendments to Rights Agreement.

(a) Amendment of Section 1(m) of the Rights Agreement. Section 1(m) is hereby amended to read in its
entirety as follows:

“Expiration Date” shall mean the Close of Business on August 10, 2012

(b) Amendment of Exhibit B to the Rights Agreement. Exhibit B to the Rights Agreement is hereby amended
by replacing references to “2011” with “2012”.

(c) Amendment of Exhibit C to the Rights Agreement. Exhibit C to the Rights Agreement is hereby amended
by replacing references to “2011” with “2012”.

Section 3. Miscellaneous.

(a) The term “Agreement” as used in the Rights Agreement shall be deemed to refer to the Rights Agreement as
amended hereby.

 

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(b) This Amendment shall be effective as of the date first above written, and, except as set forth herein, the
Rights Agreement shall remain in full force and effect and shall be otherwise unaffected hereby.

(c) This Amendment may be executed in any number of counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same
instrument.

(d) This Amendment shall be deemed to be a contract made under the laws of the State of Washington and for all
purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts to be
made and performed entirely within such State.

(e) The Rights Agent and the Company hereby waive any notice requirement under the Rights Agreement pertaining to
the matters covered by this Amendment.

(f) Except to the extent specifically amended hereby, the provisions of the Rights Agreement shall remain
unmodified, and the Rights Agreement as amended hereby is confirmed as being in full force and effect.

[Signature page follows]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and attested, all as of the
day and year first above written.

ASTROTECH CORPORATION

Date: August 10, 2011

By:  /s/ Thomas B. Pickens III

Name: Thomas B. Pickens III

Title: Chairman of the Board and Chief

Executive Officer

AMERICAN STOCK TRANSFER & TRUST
 COMPANY, LLC, as Rights Agent

By:  /s/ Carlos Pinto

Name: Carlos Pinto

Title: Senior VP, Director of Regional Relationship Management

 

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