Document:

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                                                                    Exhibit 10.9

                              AMIS HOLDINGS, INC.

                     WARRANT FOR THE PURCHASE OF SHARES OF
                  CLASS A COMMON STOCK OF AMIS HOLDINGS, INC.

NO. W-[  ]                                                   WARRANT TO PURCHASE
                                                                [       ] SHARES

                  THIS SECURITY HAS NOT BEEN REGISTERED UNDER
                 THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY
                  STATE SECURITIES LAWS AND MAY NOT BE OFFERED
                  OR SOLD EXCEPT IN COMPLIANCE THEREWITH. THIS
                   SECURITY IS ALSO SUBJECT TO (A) ADDITIONAL
                   RESTRICTIONS ON TRANSFER, VOTING AND OTHER
                   MATTERS AS SET FORTH IN THE SHAREHOLDERS'
                    AGREEMENT (AS HEREIN DEFINED) AND (B) AN
                       AGREEMENT FOR PURCHASE AND SALE OF
                SECURITIES DATED AS OF JUNE 26, 2002, AMONG THE
                  COMPANY, THE ORIGINAL HOLDER HEREOF AND THE
                             OTHER PARTIES THERETO.

DATE OF ISSUANCE: JUNE 26, 2002

     For value received, AMIS HOLDINGS, INC., a Delaware corporation (the
"Company"), hereby grants to FP-MCCARTNEY, L.L.C., a Delaware limited liability
company, or its transferees and assigns (the "Purchaser"), the right to purchase
from the Company a total of [         ] Warrant Shares (as defined herein) at a
price per share of $0.01 (the "Initial Exercise Price"). This Warrant is one of
the warrants (the "Warrant") issued pursuant to the terms of the Agreement for
Purchase and Sale of Securities, dated as of June 26, 2002 among, the Company,
the Purchaser and the other parties thereto (the "Purchase Agreement") and
subject to the Shareholders' Agreement, dated as of December 21, 2000 among the
Company, the Purchaser and the other parties thereto (the "Shareholders'
Agreement"). The Initial Exercise Price and number of Warrant Shares (and the
amount and kind of other securities) for which this Warrant is exercisable shall
be subject to adjustment as provided herein. Certain capitalized terms used
herein are defined in Article IV hereof.

     This Warrant is subject to the following provisions:

                                   ARTICLE I

                              Exercise of Warrant.

     1.1.  Exercise Period. The purchase rights represented by this Warrant may
be exercised, in whole or in part, at any time and from time to time after the
date hereof to and including 5:00
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p.m., New York time, on June 26, 2012 or, if such day is not a Business Day, on
the next preceding Business Day (the "Exercise Period"), subject to Section 2.5
hereof.

     1.2. Exercise Procedure.

          (i)       This Warrant shall be deemed to have been exercised when all
of the following items have been delivered to the Company (the "Exercise Time"):

          (a)       a completed Exercise Agreement, as described in Section 1.3,
executed by the Purchaser;

          (b)       this Warrant;

          (c)       if the Purchaser is not the Registered Holder, an Assignment
or Assignments in the form set forth in Exhibit II attached hereto evidencing
the assignment of this Warrant to the Purchaser; and

          (d)       either (i) a check or wire transfer payable to the Company
in an amount equal to the product of the Exercise Price (as such term is defined
in Section 2.1) multiplied by the number of Warrant Shares being purchased upon
such exercise (the "Aggregate Exercise Price"), (ii) the surrender to the
Company of securities of the Company having a value equal to the Aggregate
Exercise Price of the Warrant Shares being purchased upon such exercise (which
value in the case of debt securities or preferred stock shall be the principal
amount thereof plus accrued and unpaid interest or dividends thereon and in the
case of shares of Common Stock shall be the Fair Market Value thereof), or (iii)
the delivery of a notice to the Company that the Purchaser is exercising the
Warrant by authorizing the Company to reduce the number of Warrant Shares
subject to the Warrant by the number of shares having an aggregate Fair Market
Value equal to the Aggregate Exercise Price.

          (ii)      Certificates for Warrant Shares purchased upon exercise of
this Warrant shall be delivered by the Company to the Purchaser within ten (10)
days after the date of the Exercise Time together with any cash payable in lieu
of a fraction of a share pursuant to the provisions of Article XIII hereof.
Unless this Warrant has expired or all of the purchase rights represented hereby
have been exercised, the Company shall prepare a new Warrant, substantially
identical hereto, representing the rights formerly represented by this Warrant
which have not expired or been exercised and shall, within such ten-day period,
deliver such new Warrant to the Person designated for delivery in the Exercise
Agreement.

          (iii)     The Warrant Shares issuable upon the exercise of this
Warrant shall be deemed to have been issued to the Purchaser at the Exercise
Time, and the Purchaser shall be deemed for all purposes to have become the
Registered Holder of such Warrant Shares at the Exercise Time.

          (iv)      The issuance of certificates for Warrant Shares upon
exercise of this Warrant shall be made without charge to the Registered Holder
or the Purchaser for any issuance tax in respect thereof or other cost incurred
by the Company in connection with such exercise and the related issuance of
Warrant Shares; proved, however, that the Company shall not be required

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to pay any taxes in respect of the Warrant or Warrant Shares, with respect to
any transfer of the Warrants, which taxes shall be paid by the transferee prior
to the issuance of such Warrant Shares.

     (v)       The Company shall not close its books against the transfer of
this Warrant or of any Warrant Shares issued or issuable upon the exercise of
this Warrant in any manner which interferes with the timely exercise of this
Warrant. The Company shall from time to time take all such action as may be
necessary to assure that the par value per share of the unissued Warrant Shares
acquirable upon exercise of this Warrant is at all times equal to or less than
the Exercise Price then in effect. In the event that the Company fails to comply
with its obligations set forth in the foregoing sentence, the Purchaser may (but
shall not be obligated to) purchase Warrant Shares hereunder at par value, and
the Company shall be obligated to reimburse the Purchaser for the aggregate
amount of consideration paid in connection with such exercise in excess of the
Exercise Price then in effect.

     (vi)      The Company and the Registered Holder (or any Purchaser) shall
assist and cooperate with each other if either is required to make any
governmental filings or obtain any governmental approvals prior to or in
connection with any exercise of this Warrant.

     (vii)     Notwithstanding any other provision hereof, if an exercise of
any portion of this Warrant is to be made in connection with a public offering
or a sale of the Company (pursuant to a merger, sale of stock, or otherwise),
such exercise may at the election of the Registered Holder be conditioned upon
the consummation of such transaction, in which case such exercise shall not be
deemed to be effective until immediately prior to the consummation of such
transaction.

     (viii)    The Company shall at all times reserve and keep available out of
its authorized but unissued Class A Common solely for the purpose of issuance
upon the exercise of this Warrant, the maximum number of Warrant Shares
issuable upon the exercise of this Warrant. All Warrant Shares which are so
issuable shall, when issued and upon the payment of the applicable Exercise
Price, be duly and validly issued, full paid and nonassessable and free from
all taxes, liens and charges except those created by actions of the holder
hereof. The Company shall take all such actions as may be necessary to ensure
that all such Warrant Shares may be so issued without violation by the Company
of any applicable law or governmental regulation or any requirements of any
domestic securities exchange upon which shares of Class A Common or other
securities constituting Warrant Shares may be listed (except for official
notice of issuance which shall be immediately delivered by the Company upon
each such issuance).

     (ix)      If the Warrant Shares issuable by reason of exercise of this
Warrant are convertible into or exchangeable for any other stock or securities
of the Company, the Company shall, at the Purchaser's option and upon surrender
of this Warrant by such Purchaser as provided above together with any notice,
statement or payment required to effect such conversion or exchange of Warrant
Shares, deliver to such Purchaser (or as otherwise specified by such Purchaser)
a certificate or certificates representing the stock or securities into which
the Warrant Shares issuable by reason of such conversion are convertible or
exchangeable, registered in such name or names and in such denomination or
denominations as such Purchaser has specified.

     (x)       The Company shall not, and shall not permit its Subsidiaries to,
directly or indirectly, by any action (including, without limitation,
reincorporation in a jurisdiction other than

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Delaware, amending its certificate or articles of incorporation or through any
Organic Change (as defined in Section 2.5), issuance or sale of securities or
any other voluntary action) avoid or seek to avoid the observance or performance
of any of terms of this Warrant or impair or diminish its value (except for any
action which ratably affects all Warrant Shares and shares of Class A Common),
but shall at all times in good faith assist in the carrying out of all such
terms of this Warrant. Without limiting the generality of the foregoing, the
Company shall (a) use all reasonable efforts to obtain all such authorizations,
exemptions, or consents from any public regulatory body having jurisdiction
thereof as may be necessary to enable the Company to perform its obligations
under this Warrant, and (b) not undertake any reverse stock split, combination,
reorganization, or other reclassification of its capital stock which would have
the effect of making this Warrant exercisable for less than one share of Class A
Common. The effectiveness of this paragraph (x) of Section 1.2 shall terminate
upon the exercise in full or the cancellation of this Warrant.

     1.3. Exercise Agreement. Upon any exercise of this Warrant, the Purchaser
shall deliver to the Company an Exercise Agreement in substantially the form set
forth as Exhibit I attached hereto, except that if the Warrant Shares are not
to be issued in the name of the Registered Holder, the Exercise Agreement shall
also state the name of the Person to whom the certificates for the Warrant
Shares are to be issued, and if the number of Warrant Shares to be issued does
not include all of the Warrant Shares purchasable hereunder, it shall also state
the name of the Person to whom a new Warrant for the unexercised portion of the
rights hereunder is to be issued.

                                   ARTICLE II

               Adjustment of Exercise Price and Number of Shares.

     2.1. Adjustments Generally. In order to prevent dilution of the rights
granted under this Warrant, the Initial Exercise Price shall be subject to
adjustment from time to time as provided in this Article II (as so adjusted,
the "Exercise Price"), and the number of Warrant Shares obtainable upon
exercise of this Warrant shall be subject to adjustment from time to time, each
as provided in this Article II; provided, however, that there shall be no
adjustment to the Exercise Price or to the number of Warrant Shares acquirable
upon exercise of the Warrant, as provided in this Article II (an "Adjustment"),
unless and until such Adjustment, together with any previous Adjustments to the
Exercise Price or to the number of Warrant Shares so acquirable which would
otherwise have resulted in an Adjustment were it not for this proviso, would
require an increase or decrease of at least 1% of the total number of Warrant
Shares so acquirable at the time of such Adjustment, in which event such
Adjustment and all such previous Adjustments shall immediately occur.

     2.2. Adjustment of Exercise Price and Number of Shares upon Issuance of
Class A Common.

          (i) If and when, on or after the date hereof, the Company issues or
sells, or in accordance with Section 2.3 is deemed to have issued or sold (other
than pursuant to a Permitted Issuance, as described in Section 2.5 or as
described in Section 2.3) any shares of Class A Common for a per share
consideration that is less than the per share Fair Market Value of the Class A
Common determined as of the date of such issuance or sale, then immediately upon
such issuance or sale, the Exercise Price shall be reduced to equal the amount
determined by multiplying the Exercise Price in effect immediately prior to such
issuance or sale by a fraction, the numerator of which will be the sum of (x)
the number of shares of Class A Common Deemed

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Outstanding immediately prior to such issuance or sale multiplied by the Fair
Market Value of the Class A Common determined as of the date of such issuance
or sale, and (y) the consideration, if any, received by the Company upon such
issuance or sale, and the denominator of which will be the product derived by
multiplying such Fair Market Value of the Class A Common by the number of
shares of Class A Common Deemed Outstanding immediately after such issuance or
sale.

          (ii)  Upon each such adjustment of the Exercise Price hereunder, the
number of Warrant Shares acquirable upon exercise of this Warrant shall be
adjusted to equal the number of shares determined by multiplying the Exercise
Price in effect immediately prior to such adjustment by the number of Warrant
Shares acquirable upon exercise of this Warrant immediately prior to such
adjustment and dividing the product thereof by the Exercise Price resulting
from such adjustment. For the purposes of this Section 2.2, the calculation of
the number of shares of Class A Common Deemed Outstanding shall exclude the
Warrant Shares.

     2.3  Effect on Exercise Price of Certain Events. For purposes of
determining the adjusted Exercise Price under Section 2.2., the following
provisions shall be applicable:

          (i)   Issuance of Rights or Options. If the Company grants in any
manner any rights or options (other than pursuant to a Permitted Issuance) to
subscribe for or to purchase Class A Common or any stock or other securities
convertible into or exchangeable for Class A Common (including, without
limitation, convertible common stock) (such rights or options being herein
called "Options" and such convertible or exchangeable stock or securities being
herein called "Convertible Securities") and the price per share for which Class
A Common is issuable upon the exercise of such Options or upon conversion or
exchange of such Convertible Securities is less than the Fair Market Value of
the Class A Common in effect on the date such Options are granted, then the
total maximum number of shares of Class A Common issuable upon exercise of such
Options or upon conversion or exchange of the total maximum amount of such
Convertible Securities issuable upon the exercise of such options shall be
deemed to be outstanding and to have been issued and sold by the Company for
such price per share. for purposes of this paragraph, the "price per share for
which Class A Common is issuable upon exercise of such Options or upon
conversion or exchange of such Convertible Securities" is determined by dividing
(A) the total amount, if any, received or receivable by the Company as
consideration for the granting of such Options, plus the minimum aggregate
amount of additional consideration payable to the Company upon the exercise of
all such Options, plus in the case of such Options which relate to Convertible
Securities, the minimum aggregate amount of additional consideration, if any,
payable to the Company upon the issuance or sale of such Convertible Securities
and the conversion or exchange thereof, by (B) the total maximum number of
shares of Class A Common issuable upon exercise of such Options or upon the
conversion or exchange of all such Convertible Securities issuable upon the
exercise of such Options. No further adjustment of the Exercise Price shall be
made upon the actual issuance of such Class A Common or of such Convertible
Securities upon the exercise of such Options or upon the actual issuance of such
Class A Common upon conversion or exchange of such Convertible Securities.

          (ii)  Issuance of Convertible Securities. If the Company in any
manner issues or sells any Convertible Securities (other than pursuant to a
Permitted Issuance) and the price per share for which Class A Common is
issuable upon the conversion or exchange of such Convertible Securities is less
than the per share Fair Market Value of the Class A Common then in effect, then
the maximum number of shares of Class A Common issuable upon conversion or
exchange of

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such Convertible Securities shall be deemed to be outstanding and to have been
issued and sold by the Company for such price per share. For the purposes of
this paragraph, the "price per share for which Class A Common is issuable upon
such conversion or exchange" is determined by dividing (A) the total amount
received or receivable by the Company as consideration for the issue or sale of
such Convertible Securities, plus the minimum aggregate amount of additional
consideration, if any, payable to the Company upon the conversion or exchange
thereof, by (B) the total maximum number of shares of Class A Common issuable
upon the conversion or exchange of all such Convertible Securities. No further
adjustment of the Exercise Price shall be made upon the actual issue of such
Class A Common upon conversion or exchange of such Convertible Securities, and
if any such issue or sale of such Convertible Securities is made upon exercise
of any Options for which adjustments of the Exercise Price have been or are to
be made pursuant to other provisions of this Article II, no further adjustment
of the Exercise Price shall be made by reason of such issue or sale.

          (iii)  Change in Option Price or Conversion Rate. If either the
purchase price provided for in any Options, the additional consideration, if
any, payable upon the issue, conversion or exchange of any Convertible
Securities, or the rate at which any Convertible Securities are convertible
into or exchangeable for Class A Common shall change at any time, the Exercise
Price in effect at the time of such change shall be adjusted to the Exercise
Price which would have been in effect at such time had such Options or
Convertible Securities still outstanding provided for such changed purchase
price, additional consideration or changed conversion rate, as the case may be,
at the time initially granted, issued or sold and the number of Warrant Shares
shall be correspondingly readjusted.

          (iv)   Treatment of Expired Options and Unexercised Convertible
Securities. Upon the expiration of any Option or the termination of any right
to convert or exchange any Convertible Securities, in either case without the
exercise of such Option or right, the Exercise Price then in effect and the
number of Warrant Shares acquirable hereunder shall be adjusted to the Exercise
Price and the number of shares which would have been in effect at the time of
such expiration or termination had such Option or Convertible Securities, to
the extent outstanding immediately prior to such expiration or termination,
never been issued.

          (v)    Calculation of Consideration Received. If any Class A Common,
Options, or Convertible Securities are issued or sold or deemed to have been
issued or sold for cash, the consideration received therefor shall be deemed to
be the net amount received by the Company therefor. In case any Class A Common,
Options, or Convertible Securities are issued or sold for a consideration other
than cash, the amount of the consideration other than cash received by the
Company shall be the fair value of such consideration, except where such
consideration consists of marketable securities, in which case the amount of
consideration received by the Company shall be the market price thereof as of
the date of receipt. In case any Class A Common, Options, or Convertible
Securities are issued to the owners of the non-surviving entity in connection
with any merger or other business combination in which the Company is the
surviving entity, the amount of consideration therefor shall be deemed to be
the fair value of such portion of the net assets and business of the
non-surviving entity as is attributable to such Class A Common, Options or
Convertible Securities, as the case may be. The fair value of any consideration
other than cash or marketable securities shall be determined by the Company,
unless such consideration is paid by an Affiliate of the Company, in which case
the fair value of such consideration shall be determined

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jointly by the Company and the Required Holders. If such parties are unable to
reach agreement within a reasonable period of time, such fair value shall be
determined by an appraiser jointly selected by the Board of Directors of the
Company and the Required Holders, whose determination shall be final and
binding on the Company and all Registered Holders of the Warrant. The fees and
expenses of such appraiser shall be paid by the Company.

     (vi) Integrated Transactions. Other than Permitted Issuances, in case any
Option is issued in connection with the issue or sale of other securities of
the Company, together comprising one integrated transaction in which no
specific consideration is allocated to such Options by the parties thereto, the
Option shall be deemed to have been issued for no consideration; provided, that
if such other securities are debt securities (such debt securities so issued
are herein referred to as the "Debt") of the Company or any of its
Subsidiaries, the Option shall be deemed to have been issued for consideration
equal to the excess, if any, of (a) the aggregate face amount (the "Estimated
Face Amount") of debt securities with terms identical to the terms of the Debt
which the Company or such Subsidiary would have had to issue had no Options
been issued in connection therewith, given the prevailing market conditions at
the time of the issuance of the Debt, in order to receive the same aggregate
net proceeds as is actually received from the issuance of the Debt, over (b)
the aggregate face amount of the Debt. The Estimated Face Amount shall be as
mutually agreed between the Company and the Registered Holder or, if no such
mutual agreement is reached, as set forth in the written opinion, addressed to
the Registered Holder, of an investment bank of national recognition, retained
by the Company and reasonably acceptable to the Registered Holder; provided,
that if no such mutual agreement is reached or written opinion is received, the
Estimated Face Amount shall be deemed to be zero (0); and provided, further,
that the fees and expenses of such investment bank shall be borne by the
Company.

     Example:  If the Company issues $20 million in aggregate principal amount
               of 10% subordinated debentures with a 10-year maturity (and
               receives aggregate net proceeds of $20 million), and in
               connection therewith issues warrants, and in accordance with the
               provisions of Section 2.3(vi) of the Warrant, the Company and the
               Registered Holder mutually agree or an investment bank determines
               that the Estimated Face Amount of the subordinated debentures
               (with terms otherwise identical to the securities issued) would
               have been $21 million to the Company, had the warrants not been
               issued, then such warrants would be deemed to have been issued
               for $1 million.

          (vii)  Treasury Shares. The number of shares of Class A Common
outstanding at any given time does not include shares owned or held by or for
the account of the Company or any Subsidiary of the Company and the disposition
of any shares so owned or held shall be considered an issue or sale of Class A
Common.

          (viii)  Record Date. If the Company takes a record of the holders of
Class A Common for the purpose of entitling them (A) to receive a dividend or
other distribution payable in Class A Common, Options, or Convertible
Securities or (B) to subscribe for or purchase Class A Common, Options, or
Convertible Securities, then such record date shall be deemed to be the date of
the issue or sale of the shares of Class A Common deemed to have been issued or
sold upon the declaration of such dividend or the making of such other
distribution or the date of the granting of such right of subscription or
purchase, as the case may be.

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     2.4 Subdivision or Combination of Class A Common. If the Company at any
time subdivides (by any stock split, stock dividend, recapitalization, or
otherwise) the Class A Common into a greater number of shares or pays a dividend
or makes a distribution to holders of the Class A Common in the form of shares
of Class A Common, the Exercise Price in effect immediately prior to such
subdivision shall be proportionately reduced and the number of Warrant Shares
obtainable upon exercise of this Warrant shall be proportionately increased.
Subject to clause (b) of Section 1.2(x) above, if the Company at any time
combines (by reverse stock split or otherwise) the Class A Common into a smaller
number of shares, the Exercise Price in effect immediately prior to such
combination shall be proportionately increased and the number of Warrant Shares
obtainable upon exercise of this Warrant shall be proportionately decreased.

     2.5 Organic Change. Any recapitalization, reorganization, reclassification,
consolidation, merger, sale of all or substantially all of the Company's assets
or other transaction which is effected in such a way that holders of Class A
Common are entitled to receive (either directly or upon subsequent liquidation)
stock or equity securities, in addition to any other assets or property, with
respect to or in exchange for Class A Common is referred to herein as an
"Organic Change". Subject to the provisions of the Shareholders Agreement, prior
to the consummation of any Organic Change, the Company shall make appropriate
provision to ensure that each Registered Holder of Warrants shall thereafter
have the right to acquire and receive upon exercise thereof, in lieu of or
addition to (as the case may be) the Warrant Shares immediately theretofore
acquirable and receivable upon exercise of such Registered Holder's Warrants,
such shares of stock, securities or assets as may be issued or payable with
respect to or in exchange for the number of Warrant Shares immediately
theretofore acquirable and receivable upon exercise of such Registered Holder's
Warrants had such Organic Change not taken place. In any such case, prior to the
consummation of an Organic Change, the Company shall make appropriate provision
with respect to such Registered Holder's rights and interests to insure that the
provisions hereof (including this Article II) shall thereafter be applicable to
the Warrants. The Company shall not effect any such Organic Change unless, prior
to the consummation thereof, the successor entity (if other than the Company)
resulting from such Organic Change (including a purchaser of all or
substantially all the Company's assets) assumes by written instrument the
obligation to deliver to each Registered Holder of Warrants such shares of
stock, securities or assets as, in accordance with the foregoing provisions,
such Registered Holder may be entitled to acquire upon exercise of Warrants.
Notwithstanding the foregoing or any other provision of this Warrant, if any
recapitalization, reorganization, reclassification, consolidation, merger, sale
of all or substantially all of the Company's assets or other transaction which
is effected in such a way that holders of Class A Common are entitled to receive
assets or property other than stock or equity securities (an "Organic Non-Stock
Change"), this Warrant shall, if possible, automatically net issue exercise in
accordance with Section 1.2(d)(iii) immediately prior to the occurrence of such
Organic Non-Stock Change or, if net issue exercise in accordance with Section
1.2(d)(iii) is not possible, then this Warrant shall expire (if not exercised)
immediately prior to the occurrence of such Organic Non-Stock Change; provided
however, that prior to such expiration, the Purchaser shall have the opportunity
to exercise this Warrant other than in accordance with the net issue exercise
provisions set forth in Section 1.2(d)(iii), and the effectiveness of such
exercise may be conditioned upon the consummation of such Organic Non-Stock
Change.

     2.6 Certain Events. (i) If any event occurs of the type contemplated by the
provisions of this Article II but not expressly provided for by such provisions
(including, without limitation, the

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granting of stock appreciation rights, phantom stock rights or other rights
with equity features but excluding any Permitted Issuance), then the  company's
Board of Directors shall make an appropriate and equitable adjustment in the
Exercise Price and the number of Warrant shares obtainable upon exercise of this
Warrant so as to protect the rights of the Registered Holder of this Warrant.

          (ii)      Concurrently with the issuance of this Warrant, the holder
hereof will acquire a certain number of shares of the Series C Increasing Rate
Senior Preferred Stock of the Company, par value $.01 per share (the "Increasing
Rate Preferred Stock"), pursuant to the Purchase Agreement. Such shares of
Increasing Rate Preferred Stock may be redeemed by the Company, from time to
time, in accordance with the terms of the Increasing Rate Preferred Stock as set
forth in the Certificate of Incorporation of the Company, as amended. In the
event that such Increasing Rate Preferred Stock has not been redeemed by the
Company in full on or prior to the date which is six months after the date
hereof, the number of Warrant Shares acquirable upon exercise of this Warrant
shall be adjusted to equal the number of shares equal to the product of (x) the
total number of Warrant Shares acquirable on the date hereof upon exercise of
this Warrant, multiplied by (y) 2.176.

     2.7  Notices.

          (i)       Promptly, upon any adjustment of the Exercise Price (but in
no event later than three (3) days after the day on which such adjustment
occurs), the Company shall give written notice thereof to the Registered Holder,
setting forth in reasonable detail and certifying the calculation of such
adjustment.

          (ii)      The Company shall give written notice to the Registered
Holder at least thirty (30) days prior to the date on which the Company closes
its books or takes a record (A) with respect to any dividend or distribution
upon the Class A Common, (B) with respect to any pro rata subscription offer to
holders of Class A Common, or (C) for determining rights to vote with respect to
any Organic Change, dissolution or liquidation.

          (iii)     The Company shall also give written notice to the Registered
Holder at least thirty (30) days prior to the date on which any Organic Change,
dissolution, or liquidation shall take place.

                                  ARTICLE III

                                 Other Rights.

          The Company and the Registered Holder hereby acknowledge and agree
that this Warrant is a "Company Security," as such term is defined in the
Shareholders' Agreement and the holder hereof is an "Institutional Holder" or a
"Permitted Transferee" of such Institutional Holder, as such terms are defined
in the Shareholders' Agreement, and as such, subject to the terms, conditions,
rights and obligations contained in the Shareholders' Agreement applicable to
the Company Securities of such Institutional Shareholder or its Permitted
Transferees.

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                                   ARTICLE IV

                                  Definitions.

The following terms have the meanings set forth below:

     4.1.  "Affiliate", means, with respect to any Person, any other Person
directly or indirectly controlling, controlled by, or under common control with
such Person, provided however that no security holder of the Company shall be
deemed an Affiliate of any other security holder solely by reason of any
investment in the Company. For the purposes of this definition, the term
"control" (including with correlative meanings, the terms "controlling",
"controlled by" and "under common control with"), as applied to any Person,
means the possession, directly, indirectly or beneficially, of the power to
direct or cause the direction of the management and policies of such Person,
whether through the ownership of voting securities, by contract or otherwise.

     4.2.  "Business Day" means any day except a Saturday, Sunday or other day
on which commercial banks in San Francisco or New York City are authorized by
law to close.

     4.3.  "Capital Stock" means (a) any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate
stock, (b) in the case of a partnership, partnership interests (whether general
or limited), (c) in the case of a limited liability company, membership
interests and (d) any other interest or participation that confers on a Person
the right to receive a share of the profits and losses of, or distributions of
assets of, the issuing Person.

     4.4. "Class A Common" means the Company's Class A Common Stock, $0.01 par
value per share and any securities into which such Class A Common is hereafter
converted or exchanged.

     4.5. "Common Stock" means, collectively, the Class A Common, the Class B
Common Stock of the Company and any securities into which such Class A Common
or Class B Common Stock is hereafter converted or exchanged.

     4.6. "Class A Common Deemed Outstanding" means, at any given time, the
number of shares of Class A Common actually outstanding at such time, plus the
number of shares of Class A Common deemed to be outstanding pursuant to Section
2.3(i) or 2.3(ii) hereof.

     4.7. "Fair Market Value" means (i) the average of the closing sales prices
of the applicable class of Common Stock on all domestic securities exchanges on
which the applicable class of Common Stock is listed, or (ii) if there have
been no sales on any such exchange on any day, the average of the highest bid
and lowest asked prices on all such exchanges at the end of such day, or (iii)
if on any day the applicable class of Common Stock is not so listed, the sales
price for the applicable class of Common Stock as of 4:00 P.M., New York time,
as reported on the Nasdaq interdealer quotation system, or any similar
successor organization, in each such case averaged over a period of twenty-one
(21) trading days consisting of the day as of which "Fair Market Value" is
being determined and the 20 consecutive trading days prior to such day.

                                      -10-

<PAGE>
Notwithstanding the foregoing, if at any time of determination either (x) the
applicable class of Common Stock is not registered pursuant to Section 12 of
the Securities Exchange Act of 1934, as amended, and is not listed on a
national securities exchange or authorized for quotation in the Nasdaq system,
or (y) less than 25% of the outstanding Common Stock is held by the public free
of transfer restrictions under the Securities Act of 1933, as amended, then
Fair Market Value shall mean the price that would be paid per share for the
entire common equity interest in the Company in an orderly sale transaction
between a willing buyer and a willing seller, taking into account the
appropriate lack of liquidity of the Company's securities, using valuation
techniques then prevailing in the securities industry and assuming full
disclosure of all relevant information and a reasonable period of time for
effectuating such sale. Fair Market Value shall be determined by the Company's
Board of Directors in its good faith judgment. A majority of the Required
Holders shall have the right to require that an independent investment banking
firm mutually acceptable to the Company and the Required Holders determine Fair
Market Value, which firm shall submit to the Company and the Warrant holders a
written report setting forth such determination. The expenses of such firm will
be borne by the Company, and the determination of such firm will be final and
binding upon all parties.

     4.8.  "Initial Exercise Price" means $0.01 per Warrant Share, such Initial
Exercise Price to be adjusted from time to time as provided herein.

     4.9.  "Permitted Issuance" means any issuance by the Company of any shares
of Series A Senior Preferred Stock of the Company, par value $.01 per share, or
Series B Junior Preferred Stock of the Company, par value $.01 per share, or any
issuance of securities of the Company (a) on or prior to the date hereof; (b)
upon exercise of this Warrant, any other Warrants issued pursuant to the
Purchase Agreement or Warrant No. W-1 issued to GA-TEK Inc. on December 21,
2000; (c) upon the conversion or exchange of any shares of any class of Common
Stock into another class of Common Stock; (d) pursuant to an underwritten
offering of Class A Common registered under the Securities Act of 1933, as
amended; (e) to officers, directors, or employees of, or consultants to, the
Company pursuant to a stock grant, option plan, purchase plan or other stock
incentive program or arrangement approved by the Company's Board of Directors;
(f) pursuant to an equipment lease or bank financing transaction approved by the
Company's Board of Directors; (g) upon conversion of any shares of the Company's
Series B Junior Preferred Stock into Common Stock; or (h) in connection with an
Organic Change or an issuance of shares of equity securities of the Company in
connection with a merger or acquisition transaction approved by the Board of
Directors of the Company.

     4.10. "Person" means any individual, partnership, limited liability
company, joint venture, corporation, trust, unincorporated organization or
government or department or agency thereof.

     4.11. "Registered Holder" means the holder of this Warrant as reflected in
the records of the Company maintained pursuant to the provisions of Article XII.

     4.12. "Required Holders" means the holders of a majority of the purchase
rights represented by the Warrants issued pursuant to the Purchase Agreement as
originally issued which remain outstanding and unexercised.

                                      -11-
<PAGE>
     4.13. "Shareholders' Agreement" means the agreement referred to as such in
the first paragraph hereof.

     4.14. "Subsidiary" means, with respect to any Person, any entity of which
securities or other ownership interests having ordinary voting power to elect a
majority of the board of directors or other persons performing similar
functions are at the time directly or indirectly owned by such Person.

     4.15. "Warrant Shares" means shares of the Company's Class A Common upon
exercise of the Warrant; provided, that if there is a change such that the
securities issuable upon exercise of the Warrant are issued by an entity other
than the Company or there is a change in the class of securities so issuable,
then the term "Warrant Shares" shall mean shares of the security issuable upon
exercise of the Warrant if such security is issuable in shares, or shall mean
the equivalent units in which such security is issuable if such security is not
issuable in shares.

                                   ARTICLE V

                  No Voting Rights; Limitations of Liability.

     This Warrant shall not entitle the Registered Holder hereof to any voting
rights or other rights as a stockholder of the Company. No provision hereof, in
the absence of affirmative action by the Registered Holder to purchase Warrant
Shares, and no enumeration herein of the rights or privileges of the Registered
Holder shall give rise to any liability of such Registered Holder for the
Exercise Price of Warrant Shares acquirable by exercise hereof or as a
stockholder of the Company.

                                   ARTICLE VI

                                Transferability.

     Subject to the terms of the Shareholders' Agreement, this Warrant and all
rights hereunder are transferable, in whole or in part, without charge to the
Registered Holder, upon surrender of this Warrant with a properly executed
Assignment (in the form of Exhibit II hereto) and joinder to the Shareholders'
Agreement (in the form of Exhibit III hereto) at the principal office of the
Company. The Registered Holder agrees that it will not sell, transfer, or
otherwise dispose of any Warrant Shares, in whole or in part, except in
accordance with the terms of the Shareholders' Agreement and the joinder to the
Shareholders' Agreement executed by such Registered Holder. Each certificate
evidencing the Warrant Shares issued upon such transfer shall bear the
restrictive legends required by the Shareholders' Agreement, to the extent
required therein.

                                  ARTICLE VII

               Warrant Exchangeable for Different Denominations.

     This Warrant is exchangeable, upon the surrender hereof by the Registered
Holder at the principal office of the Company, for new Warrants of like tenor
representing in the aggregate the purchase rights hereunder, and each of such
new Warrants shall represent such

                                      -12-
<PAGE>
portion of such rights as is designated by the Registered Holder at the time of
such surrender. At the request of the Registered Holder (pursuant to a transfer
of Warrants or otherwise), this Warrant may be exchanged for one or more
Warrants to purchase Class A Common. The date the Company initially issues this
Warrant shall be deemed to be the date of issuance hereof regardless of the
number of times new certificates representing the unexpired and unexercised
rights formerly represented by this Warrant shall be issued. All Warrants
representing portions of the rights hereunder are referred to herein as the
"Warrants."

                                  ARTICLE VIII

                                   Exchange.

     In the event that it becomes unlawful or, in the reasonable judgment of
any Registered Holder of this Warrant, unduly burdensome by reason of a change
in legal or regulatory considerations or the interpretation thereof affecting
the ability of financial institutions or their affiliates to hold equity
securities, or any material change (including a reduction in the number of
shares of Class A Common outstanding) in the capital structure of the Company,
to hold any or all of the Warrant or Warrant Shares, the Registered Holder of
this Warrant shall have the right to (to the extent permitted by applicable law
and subject to any restrictions contained in (i) the Shareholders' Agreement or
(ii) the Credit Agreement dated as of December 21, 2000, among the Company, AMI
Semiconductor, Inc., the Lenders named therein and Credit Suisse First Boston,
as administrative agent and collateral agent, as amended, and as such agreement
may be further amended, restated, supplemented, replaced, renewed, extended, or
otherwise modified from time to time) require all or part of such Registered
Holder's Warrant or Warrant Shares to be exchanged for nonvoting stock or
similar interests that convey equivalent economic benefits to such Warrant or
Warrant Shares and include, in the case of the Warrant, equivalent
anti-dilution protection. Any such exchange shall occur as soon as practicable
but in any event within sixty (60) days after written notice by the Registered
Holder of this Warrant to the Company (or such earlier date if required to
comply with applicable law).

                                   ARTICLE IX

                                  Replacement.

     Upon receipt of evidence reasonably satisfactory to the Company (an
affidavit of the Registered Holder shall be satisfactory) of the ownership and
the loss, theft, destruction, or mutilation of any certificate evidencing this
Warrant, and in the case of any such loss, theft, or destruction, upon receipt
of indemnity reasonably satisfactory to the Company (provided, that if the
Registered Holder is a financial institution or other institutional investor
its own agreement shall be satisfactory), or, in the case of any such
mutilation upon surrender of such certificate, the Company shall (at its
expense) execute and deliver in lieu of such certificate a new certificate of
like kind representing the same rights represented by such lost, stolen,
destroyed, or mutilated certificate and dated the date of such lost, stolen,
destroyed, or mutilated certificate.

                                      -13-
<PAGE>
                                   ARTICLE X

                                    Notices.

     Except as otherwise expressly provided herein, all notices and deliveries
referred to in this Warrant shall be in writing, shall be delivered personally,
sent by registered or certified mail, return receipt requested and postage
prepaid or sent via nationally recognized overnight courier or via facsimile,
and shall be deemed to have been given when so delivered (or when received, if
delivered by any other method) if sent (i) to the Company, at its principal
executive offices, and (ii) to a Registered Holder, at such Registered Holder's
address as it appears in the records of the Company (unless otherwise indicated
by any such Registered Holder).

                                   ARTICLE XI

                             Amendment and Waiver.

     Except as otherwise provided herein, the provisions of the Warrant may be
amended if and only if such amendment is in writing and signed by the Required
Holders and by the Company, and the Company may take any action herein
prohibited, or omit to perform any act herein required to be performed by it,
if and only if the Company has obtained the prior written consent of the
Required Holders.

                                  ARTICLE XII

                               Warrant Register.

     The Company shall remain at its principal executive offices books for the
registration and the registration of transfer of the Warrant. The Company may
deem and treat the Registered Holder as the absolute owner hereof
(notwithstanding any notation of ownership or other writing thereon made by
anyone) for all purposes and shall not be affected by any notice to the
contrary.

                                  ARTICLE XIII

                              Fractions of Shares

     The Company may, but shall not be required to, issue a fraction of a
Warrant Share upon the exercise of this Warrant in whole or in part. As to any
fraction of a share which the Company elects not to issue, the Company shall
make a cash payment in respect of such fraction in an amount equal to the same
fraction of the Fair Market Value of a Warrant Share on the date of such
exercise.

                                      -14-
<PAGE>
                                  ARTICLE XIV

                      Descriptive Headings; Governing Law.

     The descriptive headings of the several Sections and paragraphs of this
Warrant are inserted for convenience only and do not constitute a part of this
Warrant. THE CONSTRUCTION, VALIDITY AND INTERPRETATION OF THIS WARRANT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
DELAWARE, WITHOUT REGARD FOR THE CONFLICTS OF LAWS OR RULES OF SUCH STATE.

                                      -15-
<PAGE>
     IN WITNESS WHEREOF, the Company has duly caused this Warrant to be signed
by its duly authorized officer to be dated as of the date hereof.

                                        AMIS HOLDINGS, INC.

                                        By:
                                             -----------------------------------
                                             Name:  Brent D. Jensen
                                             Title: Chief Financial Officer

Acknowledged and Agreed:

PURCHASER

By:
     -------------------------------
     Name:
     Title:

<PAGE>
          IN WITNESS WHEREOF, the Company has duly caused this Warrant to be
signed by its duly authorized officer to be dated as of the date hereof.

                                        AMIS HOLDINGS, INC.

                                        By:
                                             ----------------------------
                                             Name:
                                             Title:

Acknowledged and Agreed:

PURCHASER

By:
     ----------------------------
     Name: David T. Ignale
     Title: Vice President

                                     - 16 -

<PAGE>
                                                                       EXHIBIT I

                               EXERCISE AGREEMENT

To:                                          Dated:

          The undersigned, pursuant to the provisions set forth in the attached
Warrant (Certificate No. W-_____), hereby agrees to subscribe for the purchase
of ________ Warrant Shares covered by such Warrant and makes payment herewith
in full therefor at the price per share provided by such Warrant.

                                        Signature
                                                  ------------------------------

                                        Address
                                                  ------------------------------

                                     - 17 -
<PAGE>
                                                                      EXHIBIT II

                                   ASSIGNMENT

          FOR VALUE RECEIVED,                                 hereby sells,
assigns and transfers all of the rights of the undersigned under the attached
Warrant (Certificate No. W-   ) with respect to the number of the Warrant Shares
covered thereby set forth below, unto:

<Table>
<S>                                     <C>                           <C>
Names of Assignee                       Address                       No. of Shares
-----------------                       -------                       -------------

</Table>

Dated:                                  Signature ------------------------------

                                                  ------------------------------

                                        Witness   ------------------------------

                                      -18-
<PAGE>
                                                                     EXHIBIT III

                   FORM OF JOINDER TO SHAREHOLDERS' AGREEMENT

          This Joinder Agreement (this "Joinder Agreement") is made as of the
date written below by the undersigned (the "Joining Party") in accordance with
the Shareholders' Agreement dated as of December 21, 2000 (the "Shareholders'
Agreement") among AMIS Holdings, Inc., FP-McCartney, L.L.C., TBW LLC and GA-TEK,
as the same may be amended from time to time. Capitalized terms used, but not
defined, herein shall have the meaning ascribed to such terms in the
Shareholders' Agreement.

          The Joining Party hereby acknowledges, agrees and confirms that, by
its execution of this Joinder Agreement, the Joining Party shall hold Company
Securities as a Permitted Transferee and shall be deemed to be a party to the
Shareholders' Agreement as of the date hereof and shall have all of the rights
and obligations of a "Shareholder" thereunder as if it had executed the
Shareholders' Agreement. The Joining Party hereby ratifies, as of the date
hereof, and agrees to be bound by, all of the terms, provisions and conditions
contained in the Shareholders' Agreement.

          IN WITNESS WHEREOF, the undersigned has executed this Joinder
Agreement as of the date written below.

Date: -------------------

                              [JOINING PARTY]

                              By:  -------------------------------
                                   Name:
                                   Title:

                              Address for Notices:

                                   -------------------------------

                                   -------------------------------

                                   -------------------------------

                                   -------------------------------

                                      -19-
<PAGE>

                              AMIS HOLDINGS, INC.

                     WARRANT FOR THE PURCHASE OF SHARES OF
                  CLASS A COMMON STOCK OF AMIS HOLDINGS, INC.

NO. W-[    ]                                                 WARRANT TO PURCHASE
                                                               [        ] SHARES

                  THIS SECURITY HAS NOT BEEN REGISTERED UNDER
                 THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY
                  STATE SECURITIES LAWS AND MAY NOT BE OFFERED
                  OR SOLD EXCEPT IN COMPLIANCE THEREWITH. THIS
                   SECURITY IS ALSO SUBJECT TO (A) ADDITIONAL
                   RESTRICTIONS ON TRANSFER, VOTING AND OTHER
                   MATTERS AS SET FORTH IN THE SHAREHOLDERS'
                    AGREEMENT (AS HEREIN DEFINED) AND (B) AN
                       AGREEMENT FOR PURCHASE AND SALE OF
                SECURITIES DATED AS OF JUNE 26, 2002, AMONG THE
                  COMPANY, THE ORIGINAL HOLDER HEREOF AND THE
                             OTHER PARTIES THERETO.

DATE OF ISSUANCE: JUNE 26, 2002

     For value received, AMIS HOLDINGS, INC., a Delaware corporation (the
"Company"), hereby grants to CITIGROUP VENTURE CAPITAL EQUITY PARTNERS,
L.P., a Delaware limited partnership, or its transferees and assigns (the
"Purchaser"), the right to purchase from the Company a total of [        ]
Warrant Shares (as defined herein) at a price per share of $0.01 (the
"Initial Exercise Price"). This Warrant is one of the warrants (the
"Warrant") issued pursuant to the terms of the Agreement for Purchase and
Sale of Securities, dated as of June 26, 2002 among, the Company, the
Purchaser and the other parties thereto (the "Purchase Agreement") and
subject to the Shareholders' Agreement, dated as of December 21, 2000 among
the Company, the Purchaser and the other parties thereto (the
"Shareholders' Agreement"). The Initial Exercise Price and number of
Warrant Shares (and the amount and kind of other securities) for which this
Warrant is exercisable shall be subject to adjustment as provided herein.
Certain capitalized terms used herein are defined in Article IV hereof.

     This Warrant is subject to the following provisions:

                                   ARTICLE I

                              Exercise of Warrant.

     1.1.  Exercise Period. The purchase rights represented by this Warrant may
be exercised, in whole or in part, at any time and from time to time after the
date hereof to and including 5:00
<PAGE>
p.m., New York time, on June 26, 2012 or, if such day is not a Business Day, on
the next preceding Business Day (the "Exercise Period"), subject to Section 2.5
hereof.

     1.2. Exercise Procedure.

          (i)       This Warrant shall be deemed to have been exercised when all
of the following items have been delivered to the Company (the "Exercise Time"):

          (a)       a completed Exercise Agreement, as described in Section 1.3,
executed by the Purchaser;

          (b)       this Warrant;

          (c)       if the Purchaser is not the Registered Holder, an Assignment
or Assignments in the form set forth in Exhibit II attached hereto evidencing
the assignment of this Warrant to the Purchaser; and

          (d)       either (i) a check or wire transfer payable to the Company
in an amount equal to the product of the Exercise Price (as such term is defined
in Section 2.1) multiplied by the number of Warrant Shares being purchased upon
such exercise (the "Aggregate Exercise Price"), (ii) the surrender to the
Company of securities of the Company having a value equal to the Aggregate
Exercise Price of the Warrant Shares being purchased upon such exercise (which
value in the case of debt securities or preferred stock shall be the principal
amount thereof plus accrued and unpaid interest or dividends thereon and in the
case of shares of Common Stock shall be the Fair Market Value thereof), or (iii)
the delivery of a notice to the Company that the Purchaser is exercising the
Warrant by authorizing the Company to reduce the number of Warrant Shares
subject to the Warrant by the number of shares having an aggregate Fair Market
Value equal to the Aggregate Exercise Price.

          (ii)      Certificates for Warrant Shares purchased upon exercise of
this Warrant shall be delivered by the Company to the Purchaser within ten (10)
days after the date of the Exercise Time together with any cash payable in lieu
of a fraction of a share pursuant to the provisions of Article XIII hereof.
Unless this Warrant has expired or all of the purchase rights represented hereby
have been exercised, the Company shall prepare a new Warrant, substantially
identical hereto, representing the rights formerly represented by this Warrant
which have not expired or been exercised and shall, within such ten-day period,
deliver such new Warrant to the Person designated for delivery in the Exercise
Agreement.

          (iii)     The Warrant Shares issuable upon the exercise of this
Warrant shall be deemed to have been issued to the Purchaser at the Exercise
Time, and the Purchaser shall be deemed for all purposes to have become the
Registered Holder of such Warrant Shares at the Exercise Time.

          (iv)      The issuance of certificates for Warrant Shares upon
exercise of this Warrant shall be made without charge to the Registered Holder
or the Purchaser for any issuance tax in respect thereof or other cost incurred
by the Company in connection with such exercise and the related issuance of
Warrant Shares; proved, however, that the Company shall not be required

                                     - 2 -
<PAGE>
to pay any taxes in respect of the Warrant or Warrant Shares, with respect to
any transfer of the Warrants, which taxes shall be paid by the transferee prior
to the issuance of such Warrant Shares.

     (v)       The Company shall not close its books against the transfer of
this Warrant or of any Warrant Shares issued or issuable upon the exercise of
this Warrant in any manner which interferes with the timely exercise of this
Warrant. The Company shall from time to time take all such action as may be
necessary to assure that the par value per share of the unissued Warrant Shares
acquirable upon exercise of this Warrant is at all times equal to or less than
the Exercise Price then in effect. In the event that the Company fails to comply
with its obligations set forth in the foregoing sentence, the Purchaser may (but
shall not be obligated to) purchase Warrant Shares hereunder at par value, and
the Company shall be obligated to reimburse the Purchaser for the aggregate
amount of consideration paid in connection with such exercise in excess of the
Exercise Price then in effect.

     (vi)      The Company and the Registered Holder (or any Purchaser) shall
assist and cooperate with each other if either is required to make any
governmental filings or obtain any governmental approvals prior to or in
connection with any exercise of this Warrant.

     (vii)     Notwithstanding any other provision hereof, if an exercise of
any portion of this Warrant is to be made in connection with a public offering
or a sale of the Company (pursuant to a merger, sale of stock, or otherwise),
such exercise may at the election of the Registered Holder be conditioned upon
the consummation of such transaction, in which case such exercise shall not be
deemed to be effective until immediately prior to the consummation of such
transaction.

     (viii)    The Company shall at all times reserve and keep available out of
its authorized but unissued Class A Common solely for the purpose of issuance
upon the exercise of this Warrant, the maximum number of Warrant Shares
issuable upon the exercise of this Warrant. All Warrant Shares which are so
issuable shall, when issued and upon the payment of the applicable Exercise
Price, be duly and validly issued, full paid and nonassessable and free from
all taxes, liens and charges except those created by actions of the holder
hereof. The Company shall take all such actions as may be necessary to ensure
that all such Warrant Shares may be so issued without violation by the Company
of any applicable law or governmental regulation or any requirements of any
domestic securities exchange upon which shares of Class A Common or other
securities constituting Warrant Shares may be listed (except for official
notice of issuance which shall be immediately delivered by the Company upon
each such issuance).

     (ix)      If the Warrant Shares issuable by reason of exercise of this
Warrant are convertible into or exchangeable for any other stock or securities
of the Company, the Company shall, at the Purchaser's option and upon surrender
of this Warrant by such Purchaser as provided above together with any notice,
statement or payment required to effect such conversion or exchange of Warrant
Shares, deliver to such Purchaser (or as otherwise specified by such Purchaser)
a certificate or certificates representing the stock or securities into which
the Warrant Shares issuable by reason of such conversion are convertible or
exchangeable, registered in such name or names and in such denomination or
denominations as such Purchaser has specified.

     (x)       The Company shall not, and shall not permit its Subsidiaries to,
directly or indirectly, by any action (including, without limitation,
reincorporation in a jurisdiction other than

                                      -3-

<PAGE>
Delaware, amending its certificate or articles of incorporation or through any
Organic Change (as defined in Section 2.5), issuance or sale of securities or
any other voluntary action) avoid or seek to avoid the observance or performance
of any of terms of this Warrant or impair or diminish its value (except for any
action which ratably affects all Warrant Shares and shares of Class A Common),
but shall at all times in good faith assist in the carrying out of all such
terms of this Warrant. Without limiting the generality of the foregoing, the
Company shall (a) use all reasonable efforts to obtain all such authorizations,
exemptions, or consents from any public regulatory body having jurisdiction
thereof as may be necessary to enable the Company to perform its obligations
under this Warrant, and (b) not undertake any reverse stock split, combination,
reorganization, or other reclassification of its capital stock which would have
the effect of making this Warrant exercisable for less than one share of Class A
Common. The effectiveness of this paragraph (x) of Section 1.2 shall terminate
upon the exercise in full or the cancellation of this Warrant.

     1.3. Exercise Agreement. Upon any exercise of this Warrant, the Purchaser
shall deliver to the Company an Exercise Agreement in substantially the form set
forth as Exhibit I attached hereto, except that if the Warrant Shares are not
to be issued in the name of the Registered Holder, the Exercise Agreement shall
also state the name of the Person to whom the certificates for the Warrant
Shares are to be issued, and if the number of Warrant Shares to be issued does
not include all of the Warrant Shares purchasable hereunder, it shall also state
the name of the Person to whom a new Warrant for the unexercised portion of the
rights hereunder is to be issued.

                                   ARTICLE II

               Adjustment of Exercise Price and Number of Shares.

     2.1. Adjustments Generally. In order to prevent dilution of the rights
granted under this Warrant, the Initial Exercise Price shall be subject to
adjustment from time to time as provided in this Article II (as so adjusted,
the "Exercise Price"), and the number of Warrant Shares obtainable upon
exercise of this Warrant shall be subject to adjustment from time to time, each
as provided in this Article II; provided, however, that there shall be no
adjustment to the Exercise Price or to the number of Warrant Shares acquirable
upon exercise of the Warrant, as provided in this Article II (an "Adjustment"),
unless and until such Adjustment, together with any previous Adjustments to the
Exercise Price or to the number of Warrant Shares so acquirable which would
otherwise have resulted in an Adjustment were it not for this proviso, would
require an increase or decrease of at least 1% of the total number of Warrant
Shares so acquirable at the time of such Adjustment, in which event such
Adjustment and all such previous Adjustments shall immediately occur.

     2.2. Adjustment of Exercise Price and Number of Shares upon Issuance of
Class A Common.

          (i) If and when, on or after the date hereof, the Company issues or
sells, or in accordance with Section 2.3 is deemed to have issued or sold (other
than pursuant to a Permitted Issuance, as described in Section 2.5 or as
described in Section 2.3) any shares of Class A Common for a per share
consideration that is less than the per share Fair Market Value of the Class A
Common determined as of the date of such issuance or sale, then immediately upon
such issuance or sale, the Exercise Price shall be reduced to equal the amount
determined by multiplying the Exercise Price in effect immediately prior to such
issuance or sale by a fraction, the numerator of which will be the sum of (x)
the number of shares of Class A Common Deemed

                                      -4-

<PAGE>
Outstanding immediately prior to such issuance or sale multiplied by the Fair
Market Value of the Class A Common determined as of the date of such issuance
or sale, and (y) the consideration, if any, received by the Company upon such
issuance or sale, and the denominator of which will be the product derived by
multiplying such Fair Market Value of the Class A Common by the number of
shares of Class A Common Deemed Outstanding immediately after such issuance or
sale.

          (ii)  Upon each such adjustment of the Exercise Price hereunder, the
number of Warrant Shares acquirable upon exercise of this Warrant shall be
adjusted to equal the number of shares determined by multiplying the Exercise
Price in effect immediately prior to such adjustment by the number of Warrant
Shares acquirable upon exercise of this Warrant immediately prior to such
adjustment and dividing the product thereof by the Exercise Price resulting
from such adjustment. For the purposes of this Section 2.2, the calculation of
the number of shares of Class A Common Deemed Outstanding shall exclude the
Warrant Shares.

     2.3  Effect on Exercise Price of Certain Events. For purposes of
determining the adjusted Exercise Price under Section 2.2., the following
provisions shall be applicable:

          (i)   Issuance of Rights or Options. If the Company grants in any
manner any rights or options (other than pursuant to a Permitted Issuance) to
subscribe for or to purchase Class A Common or any stock or other securities
convertible into or exchangeable for Class A Common (including, without
limitation, convertible common stock) (such rights or options being herein
called "Options" and such convertible or exchangeable stock or securities being
herein called "Convertible Securities") and the price per share for which Class
A Common is issuable upon the exercise of such Options or upon conversion or
exchange of such Convertible Securities is less than the Fair Market Value of
the Class A Common in effect on the date such Options are granted, then the
total maximum number of shares of Class A Common issuable upon exercise of such
Options or upon conversion or exchange of the total maximum amount of such
Convertible Securities issuable upon the exercise of such options shall be
deemed to be outstanding and to have been issued and sold by the Company for
such price per share. For purposes of this paragraph, the "price per share for
which Class A Common is issuable upon exercise of such Options or upon
conversion or exchange of such Convertible Securities" is determined by dividing
(A) the total amount, if any, received or receivable by the Company as
consideration for the granting of such Options, plus the minimum aggregate
amount of additional consideration payable to the Company upon the exercise of
all such Options, plus in the case of such Options which relate to Convertible
Securities, the minimum aggregate amount of additional consideration, if any,
payable to the Company upon the issuance or sale of such Convertible Securities
and the conversion or exchange thereof, by (B) the total maximum number of
shares of Class A Common issuable upon exercise of such Options or upon the
conversion or exchange of all such Convertible Securities issuable upon the
exercise of such Options. No further adjustment of the Exercise Price shall be
made upon the actual issuance of such Class A Common or of such Convertible
Securities upon the exercise of such Options or upon the actual issuance of such
Class A Common upon conversion or exchange of such Convertible Securities.

          (ii)  Issuance of Convertible Securities. If the Company in any
manner issues or sells any Convertible Securities (other than pursuant to a
Permitted Issuance) and the price per share for which Class A Common is
issuable upon the conversion or exchange of such Convertible Securities is less
than the per share Fair Market Value of the Class A Common then in effect, then
the maximum number of shares of Class A Common issuable upon conversion or
exchange of

                                      -5-
<PAGE>
such Convertible Securities shall be deemed to be outstanding and to have been
issued and sold by the Company for such price per share. For the purposes of
this paragraph, the "price per share for which Class A Common is issuable upon
such conversion or exchange" is determined by dividing (A) the total amount
received or receivable by the Company as consideration for the issue or sale of
such Convertible Securities, plus the minimum aggregate amount of additional
consideration, if any, payable to the Company upon the conversion or exchange
thereof, by (B) the total maximum number of shares of Class A Common issuable
upon the conversion or exchange of all such Convertible Securities. No further
adjustment of the Exercise Price shall be made upon the actual issue of such
Class A Common upon conversion or exchange of such Convertible Securities, and
if any such issue or sale of such Convertible Securities is made upon exercise
of any Options for which adjustments of the Exercise Price have been or are to
be made pursuant to other provisions of this Article II, no further adjustment
of the Exercise Price shall be made by reason of such issue or sale.

          (iii)  Change in Option Price or Conversion Rate. If either the
purchase price provided for in any Options, the additional consideration, if
any, payable upon the issue, conversion or exchange of any Convertible
Securities, or the rate at which any Convertible Securities are convertible
into or exchangeable for Class A Common shall change at any time, the Exercise
Price in effect at the time of such change shall be adjusted to the Exercise
Price which would have been in effect at such time had such Options or
Convertible Securities still outstanding provided for such changed purchase
price, additional consideration or changed conversion rate, as the case may be,
at the time initially granted, issued or sold and the number of Warrant Shares
shall be correspondingly readjusted.

          (iv)   Treatment of Expired Options and Unexercised Convertible
Securities. Upon the expiration of any Option or the termination of any right
to convert or exchange any Convertible Securities, in either case without the
exercise of such Option or right, the Exercise Price then in effect and the
number of Warrant Shares acquirable hereunder shall be adjusted to the Exercise
Price and the number of shares which would have been in effect at the time of
such expiration or termination had such Option or Convertible Securities, to
the extent outstanding immediately prior to such expiration or termination,
never been issued.

          (v)    Calculation of Consideration Received. If any Class A Common,
Options, or Convertible Securities are issued or sold or deemed to have been
issued or sold for cash, the consideration received therefor shall be deemed to
be the net amount received by the Company therefor. In case any Class A Common,
Options, or Convertible Securities are issued or sold for a consideration other
than cash, the amount of the consideration other than cash received by the
Company shall be the fair value of such consideration, except where such
consideration consists of marketable securities, in which case the amount of
consideration received by the Company shall be the market price thereof as of
the date of receipt. In case any Class A Common, Options, or Convertible
Securities are issued to the owners of the non-surviving entity in connection
with any merger or other business combination in which the Company is the
surviving entity, the amount of consideration therefor shall be deemed to be
the fair value of such portion of the net assets and business of the
non-surviving entity as is attributable to such Class A Common, Options or
Convertible Securities, as the case may be. The fair value of any consideration
other than cash or marketable securities shall be determined by the Company,
unless such consideration is paid by an Affiliate of the Company, in which case
the fair value of such consideration shall be determined

                                      -6-

<PAGE>

jointly by the Company and the Required Holders. If such parties are unable to
reach agreement within a reasonable period of time, such fair value shall be
determined by an appraiser jointly selected by the Board of Directors of the
Company and the Required Holders, whose determination shall be final and
binding on the Company and all Registered Holders of the Warrant. The fees and
expenses of such appraiser shall be paid by the Company.

     (vi) Integrated Transactions. Other than Permitted Issuances, in case any
Option is issued in connection with the issue or sale of other securities of
the Company, together comprising one integrated transaction in which no
specific consideration is allocated to such Options by the parties thereto, the
Option shall be deemed to have been issued for no consideration; provided, that
if such other securities are debt securities (such debt securities so issued
are herein referred to as the "Debt") of the Company or any of its
Subsidiaries, the Option shall be deemed to have been issued for consideration
equal to the excess, if any, of (a) the aggregate face amount (the "Estimated
Face Amount") of debt securities with terms identical to the terms of the Debt
which the Company or such Subsidiary would have had to issue had no Options
been issued in connection therewith, given the prevailing market conditions at
the time of the issuance of the Debt, in order to receive the same aggregate
net proceeds as is actually received from the issuance of the Debt, over (b)
the aggregate face amount of the Debt. The Estimated Face Amount shall be as
mutually agreed between the Company and the Registered Holder or, if no such
mutual agreement is reached, as set forth in the written opinion, addressed to
the Registered Holder, of an investment bank of national recognition, retained
by the Company and reasonably acceptable to the Registered Holder; provided,
that if no such mutual agreement is reached or written opinion is received, the
Estimated Face Amount shall be deemed to be zero (0); and provided, further,
that the fees and expenses of such investment bank shall be borne by the
Company.

     Example:  If the Company issues $20 million in aggregate principal amount
               of 10% subordinated debentures with a 10-year maturity (and
               receives aggregate net proceeds of $20 million), and in
               connection therewith issues warrants, and in accordance with the
               provisions of Section 2.3(vi) of the Warrant, the Company and the
               Registered Holder mutually agree or an investment bank determines
               that the Estimated Face Amount of the subordinated debentures
               (with terms otherwise identical to the securities issued) would
               have been $21 million to the Company, had the warrants not been
               issued, then such warrants would be deemed to have been issued
               for $1 million.

          (vii)  Treasury Shares. The number of shares of Class A Common
outstanding at any given time does not include shares owned or held by or for
the account of the Company or any Subsidiary of the Company and the disposition
of any shares so owned or held shall be considered an issue or sale of Class A
Common.

          (viii)  Record Date. If the Company takes a record of the holders of
Class A Common for the purpose of entitling them (A) to receive a dividend or
other distribution payable in Class A Common, Options, or Convertible
Securities or (B) to subscribe for or purchase Class A Common, Options, or
Convertible Securities, then such record date shall be deemed to be the date of
the issue or sale of the shares of Class A Common deemed to have been issued or
sold upon the declaration of such dividend or the making of such other
distribution or the date of the granting of such right of subscription or
purchase, as the case may be.

                                      -7-

<PAGE>
     2.4 Subdivision or Combination of Class A Common. If the Company at any
time subdivides (by any stock split, stock dividend, recapitalization, or
otherwise) the Class A Common into a greater number of shares or pays a dividend
or makes a distribution to holders of the Class A Common in the form of shares
of Class A Common, the Exercise Price in effect immediately prior to such
subdivision shall be proportionately reduced and the number of Warrant Shares
obtainable upon exercise of this Warrant shall be proportionately increased.
Subject to clause (b) of Section 1.2(x) above, if the Company at any time
combines (by reverse stock split or otherwise) the Class A Common into a smaller
number of shares, the Exercise Price in effect immediately prior to such
combination shall be proportionately increased and the number of Warrant Shares
obtainable upon exercise of this Warrant shall be proportionately decreased.

     2.5 Organic Change. Any recapitalization, reorganization, reclassification,
consolidation, merger, sale of all or substantially all of the Company's assets
or other transaction which is effected in such a way that holders of Class A
Common are entitled to receive (either directly or upon subsequent liquidation)
stock or equity securities, in addition to any other assets or property, with
respect to or in exchange for Class A Common is referred to herein as an
"Organic Change". Subject to the provisions of the Shareholders Agreement, prior
to the consummation of any Organic Change, the Company shall make appropriate
provision to ensure that each Registered Holder of Warrants shall thereafter
have the right to acquire and receive upon exercise thereof, in lieu of or
addition to (as the case may be) the Warrant Shares immediately theretofore
acquirable and receivable upon exercise of such Registered Holder's Warrants,
such shares of stock, securities or assets as may be issued or payable with
respect to or in exchange for the number of Warrant Shares immediately
theretofore acquirable and receivable upon exercise of such Registered Holder's
Warrants had such Organic Change not taken place. In any such case, prior to the
consummation of an Organic Change, the Company shall make appropriate provision
with respect to such Registered Holder's rights and interests to insure that the
provisions hereof (including this Article II) shall thereafter be applicable to
the Warrants. The Company shall not effect any such Organic Change unless, prior
to the consummation thereof, the successor entity (if other than the Company)
resulting from such Organic Change (including a purchaser of all or
substantially all the Company's assets) assumes by written instrument the
obligation to deliver to each Registered Holder of Warrants such shares of
stock, securities or assets as, in accordance with the foregoing provisions,
such Registered Holder may be entitled to acquire upon exercise of Warrants.
Notwithstanding the foregoing or any other provision of this Warrant, if any
recapitalization, reorganization, reclassification, consolidation, merger, sale
of all or substantially all of the Company's assets or other transaction which
is effected in such a way that holders of Class A Common are entitled to receive
assets or property other than stock or equity securities (an "Organic Non-Stock
Change"), this Warrant shall, if possible, automatically net issue exercise in
accordance with Section 1.2(d)(iii) immediately prior to the occurrence of such
Organic Non-Stock Change or, if net issue exercise in accordance with Section
1.2(d)(iii) is not possible, then this Warrant shall expire (if not exercised)
immediately prior to the occurrence of such Organic Non-Stock Change; provided
however, that prior to such expiration, the Purchaser shall have the opportunity
to exercise this Warrant other than in accordance with the net issue exercise
provisions set forth in Section 1.2(d)(iii), and the effectiveness of such
exercise may be conditioned upon the consummation of such Organic Non-Stock
Change.

     2.6 Certain Events. (i) If any event occurs of the type contemplated by the
provisions of this Article II but not expressly provided for by such provisions
(including, without limitation, the

                                      -8-
<PAGE>
granting of stock appreciation rights, phantom stock rights or other rights
with equity features but excluding any Permitted Issuance), then the  company's
Board of Directors shall make an appropriate and equitable adjustment in the
Exercise Price and the number of Warrant shares obtainable upon exercise of this
Warrant so as to protect the rights of the Registered Holder of this Warrant.

          (ii)      Concurrently with the issuance of this Warrant, the holder
hereof will acquire a certain number of shares of the Series C Increasing Rate
Senior Preferred Stock of the Company, par value $.01 per share (the "Increasing
Rate Preferred Stock"), pursuant to the Purchase Agreement. Such shares of
Increasing Rate Preferred Stock may be redeemed by the Company, from time to
time, in accordance with the terms of the Increasing Rate Preferred Stock as set
forth in the Certificate of Incorporation of the Company, as amended. In the
event that such Increasing Rate Preferred Stock has not been redeemed by the
Company in full on or prior to the date which is six months after the date
hereof, the number of Warrant Shares acquirable upon exercise of this Warrant
shall be adjusted to equal the number of shares equal to the product of (x) the
total number of Warrant Shares acquirable on the date hereof upon exercise of
this Warrant, multiplied by (y) 2.176.

     2.7  Notices.

          (i)       Promptly, upon any adjustment of the Exercise Price (but in
no event later than three (3) days after the day on which such adjustment
occurs), the Company shall give written notice thereof to the Registered Holder,
setting forth in reasonable detail and certifying the calculation of such
adjustment.

          (ii)      The Company shall give written notice to the Registered
Holder at least thirty (30) days prior to the date on which the Company closes
its books or takes a record (A) with respect to any dividend or distribution
upon the Class A Common, (B) with respect to any pro rata subscription offer to
holders of Class A Common, or (C) for determining rights to vote with respect to
any Organic Change, dissolution or liquidation.

          (iii)     The Company shall also give written notice to the Registered
Holder at least thirty (30) days prior to the date on which any Organic Change,
dissolution, or liquidation shall take place.

                                  ARTICLE III

                                 Other Rights.

          The Company and the Registered Holder hereby acknowledge and agree
that this Warrant is a "Company Security," as such term is defined in the
Shareholders' Agreement and the holder hereof is an "Institutional Holder" or a
"Permitted Transferee" of such Institutional Holder, as such terms are defined
in the Shareholders' Agreement, and as such, subject to the terms, conditions,
rights and obligations contained in the Shareholders' Agreement applicable to
the Company Securities of such Institutional Shareholder or its Permitted
Transferees.

                                     - 9 -

<PAGE>
                                   ARTICLE IV

                                  Definitions.

The following terms have the meanings set forth below:

     4.1.  "Affiliate", means, with respect to any Person, any other Person
directly or indirectly controlling, controlled by, or under common control with
such Person, provided however that no security holder of the Company shall be
deemed an Affiliate of any other security holder solely by reason of any
investment in the Company. For the purposes of this definition, the term
"control" (including with correlative meanings, the terms "controlling",
"controlled by" and "under common control with"), as applied to any Person,
means the possession, directly, indirectly or beneficially, of the power to
direct or cause the direction of the management and policies of such Person,
whether through the ownership of voting securities, by contract or otherwise.

     4.2.  "Business Day" means any day except a Saturday, Sunday or other day
on which commercial banks in San Francisco or New York City are authorized by
law to close.

     4.3.  "Capital Stock" means (a) any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate
stock, (b) in the case of a partnership, partnership interests (whether general
or limited), (c) in the case of a limited liability company, membership
interests and (d) any other interest or participation that confers on a Person
the right to receive a share of the profits and losses of, or distributions of
assets of, the issuing Person.

     4.4. "Class A Common" means the Company's Class A Common Stock, $0.01 par
value per share and any securities into which such Class A Common is hereafter
converted or exchanged.

     4.5. "Common Stock" means, collectively, the Class A Common, the Class B
Common Stock of the Company and any securities into which such Class A Common
or Class B Common Stock is hereafter converted or exchanged.

     4.6. "Class A Common Deemed Outstanding" means, at any given time, the
number of shares of Class A Common actually outstanding at such time, plus the
number of shares of Class A Common deemed to be outstanding pursuant to Section
2.3(i) or 2.3(ii) hereof.

     4.7. "Fair Market Value" means (i) the average of the closing sales prices
of the applicable class of Common Stock on all domestic securities exchanges on
which the applicable class of Common Stock is listed, or (ii) if there have
been no sales on any such exchange on any day, the average of the highest bid
and lowest asked prices on all such exchanges at the end of such day, or (iii)
if on any day the applicable class of Common Stock is not so listed, the sales
price for the applicable class of Common Stock as of 4:00 P.M., New York time,
as reported on the Nasdaq interdealer quotation system, or any similar
successor organization, in each such case averaged over a period of twenty-one
(21) trading days consisting of the day as of which "Fair Market Value" is
being determined and the 20 consecutive trading days prior to such day.

                                      -10-

<PAGE>
Notwithstanding the foregoing, if at any time of determination either (x) the
applicable class of Common Stock is not registered pursuant to Section 12 of
the Securities Exchange Act of 1934, as amended, and is not listed on a
national securities exchange or authorized for quotation in the Nasdaq system,
or (y) less than 25% of the outstanding Common Stock is held by the public free
of transfer restrictions under the Securities Act of 1933, as amended, then
Fair Market Value shall mean the price that would be paid per share for the
entire common equity interest in the Company in an orderly sale transaction
between a willing buyer and a willing seller, taking into account the
appropriate lack of liquidity of the Company's securities, using valuation
techniques then prevailing in the securities industry and assuming full
disclosure of all relevant information and a reasonable period of time for
effectuating such sale. Fair Market Value shall be determined by the Company's
Board of Directors in its good faith judgment. A majority of the Required
Holders shall have the right to require that an independent investment banking
firm mutually acceptable to the Company and the Required Holders determine Fair
Market Value, which firm shall submit to the Company and the Warrant holders a
written report setting forth such determination. The expenses of such firm will
be borne by the Company, and the determination of such firm will be final and
binding upon all parties.

     4.8.  "Initial Exercise Price" means $0.01 per Warrant Share, such Initial
Exercise Price to be adjusted from time to time as provided herein.

     4.9.  "Permitted Issuance" means any issuance by the Company of any shares
of Series A Senior Preferred Stock of the Company, par value $.01 per share, or
Series B Junior Preferred Stock of the Company, par value $.01 per share, or any
issuance of securities of the Company (a) on or prior to the date hereof; (b)
upon exercise of this Warrant, any other Warrants issued pursuant to the
Purchase Agreement or Warrant No. W-1 issued to GA-TEK Inc. on December 21,
2000; (c) upon the conversion or exchange of any shares of any class of Common
Stock into another class of Common Stock; (d) pursuant to an underwritten
offering of Class A Common registered under the Securities Act of 1933, as
amended; (e) to officers, directors, or employees of, or consultants to, the
Company pursuant to a stock grant, option plan, purchase plan or other stock
incentive program or arrangement approved by the Company's Board of Directors;
(f) pursuant to an equipment lease or bank financing transaction approved by the
Company's Board of Directors; (g) upon conversion of any shares of the Company's
Series B Junior Preferred Stock into Common Stock; or (h) in connection with an
Organic Change or an issuance of shares of equity securities of the Company in
connection with a merger or acquisition transaction approved by the Board of
Directors of the Company.

     4.10. "Person" means any individual, partnership, limited liability
company, joint venture, corporation, trust, unincorporated organization or
government or department or agency thereof.

     4.11. "Registered Holder" means the holder of this Warrant as reflected in
the records of the Company maintained pursuant to the provisions of Article XII.

     4.12. "Required Holders" means the holders of a majority of the purchase
rights represented by the Warrants issued pursuant to the Purchase Agreement as
originally issued which remain outstanding and unexercised.

                                      -11-
<PAGE>
     4.13. "Shareholders' Agreement" means the agreement referred to as such in
the first paragraph hereof.

     4.14. "Subsidiary" means, with respect to any Person, any entity of which
securities or other ownership interests having ordinary voting power to elect a
majority of the board of directors or other persons performing similar
functions are at the time directly or indirectly owned by such Person.

     4.15. "Warrant Shares" means shares of the Company's Class A Common upon
exercise of the Warrant; provided, that if there is a change such that the
securities issuable upon exercise of the Warrant are issued by an entity other
than the Company or there is a change in the class of securities so issuable,
then the term "Warrant Shares" shall mean shares of the security issuable upon
exercise of the Warrant if such security is issuable in shares, or shall mean
the equivalent units in which such security is issuable if such security is not
issuable in shares.

                                   ARTICLE V

                  No Voting Rights; Limitations of Liability.

     This Warrant shall not entitle the Registered Holder hereof to any voting
rights or other rights as a stockholder of the Company. No provision hereof, in
the absence of affirmative action by the Registered Holder to purchase Warrant
Shares, and no enumeration herein of the rights or privileges of the Registered
Holder shall give rise to any liability of such Registered Holder for the
Exercise Price of Warrant Shares acquirable by exercise hereof or as a
stockholder of the Company.

                                   ARTICLE VI

                                Transferability.

     Subject to the terms of the Shareholders' Agreement, this Warrant and all
rights hereunder are transferable, in whole or in part, without charge to the
Registered Holder, upon surrender of this Warrant with a properly executed
Assignment (in the form of Exhibit II hereto) and joinder to the Shareholders'
Agreement (in the form of Exhibit III hereto) at the principal office of the
Company. The Registered Holder agrees that it will not sell, transfer, or
otherwise dispose of any Warrant Shares, in whole or in part, except in
accordance with the terms of the Shareholders' Agreement and the joinder to the
Shareholders' Agreement executed by such Registered Holder. Each certificate
evidencing the Warrant Shares issued upon such transfer shall bear the
restrictive legends required by the Shareholders' Agreement, to the extent
required therein.

                                  ARTICLE VII

               Warrant Exchangeable for Different Denominations.

     This Warrant is exchangeable, upon the surrender hereof by the Registered
Holder at the principal office of the Company, for new Warrants of like tenor
representing in the aggregate the purchase rights hereunder, and each of such
new Warrants shall represent such

                                      -12-
<PAGE>
portion of such rights as is designated by the Registered Holder at the time of
such surrender. At the request of the Registered Holder (pursuant to a transfer
of Warrants or otherwise), this Warrant may be exchanged for one or more
Warrants to purchase Class A Common. The date the Company initially issues this
Warrant shall be deemed to be the date of issuance hereof regardless of the
number of times new certificates representing the unexpired and unexercised
rights formerly represented by this Warrant shall be issued. All Warrants
representing portions of the rights hereunder are referred to herein as the
"Warrants."

                                  ARTICLE VIII

                                   Exchange.

     In the event that it becomes unlawful or, in the reasonable judgment of
any Registered Holder of this Warrant, unduly burdensome by reason of a change
in legal or regulatory considerations or the interpretation thereof affecting
the ability of financial institutions or their affiliates to hold equity
securities, or any material change (including a reduction in the number of
shares of Class A Common outstanding) in the capital structure of the Company,
to hold any or all of the Warrant or Warrant Shares, the Registered Holder of
this Warrant shall have the right to (to the extent permitted by applicable law
and subject to any restrictions contained in (i) the Shareholders' Agreement or
(ii) the Credit Agreement dated as of December 21, 2000, among the Company, AMI
Semiconductor, Inc., the Lenders named therein and Credit Suisse First Boston,
as administrative agent and collateral agent, as amended, and as such agreement
may be further amended, restated, supplemented, replaced, renewed, extended, or
otherwise modified from time to time) require all or part of such Registered
Holder's Warrant or Warrant Shares to be exchanged for nonvoting stock or
similar interests that convey equivalent economic benefits to such Warrant or
Warrant Shares and include, in the case of the Warrant, equivalent
anti-dilution protection. Any such exchange shall occur as soon as practicable
but in any event within sixty (60) days after written notice by the Registered
Holder of this Warrant to the Company (or such earlier date if required to
comply with applicable law).

                                   ARTICLE IX

                                  Replacement.

     Upon receipt of evidence reasonably satisfactory to the Company (an
affidavit of the Registered Holder shall be satisfactory) of the ownership and
the loss, theft, destruction, or mutilation of any certificate evidencing this
Warrant, and in the case of any such loss, theft, or destruction, upon receipt
of indemnity reasonably satisfactory to the Company (provided, that if the
Registered Holder is a financial institution or other institutional investor
its own agreement shall be satisfactory), or, in the case of any such
mutilation upon surrender of such certificate, the Company shall (at its
expense) execute and deliver in lieu of such certificate a new certificate of
like kind representing the same rights represented by such lost, stolen,
destroyed, or mutilated certificate and dated the date of such lost, stolen,
destroyed, or mutilated certificate.

                                      -13-
<PAGE>
                                   ARTICLE X

                                    Notices.

     Except as otherwise expressly provided herein, all notices and deliveries
referred to in this Warrant shall be in writing, shall be delivered personally,
sent by registered or certified mail, return receipt requested and postage
prepaid or sent via nationally recognized overnight courier or via facsimile,
and shall be deemed to have been given when so delivered (or when received, if
delivered by any other method) if sent (i) to the Company, at its principal
executive offices, and (ii) to a Registered Holder, at such Registered Holder's
address as it appears in the records of the Company (unless otherwise indicated
by any such Registered Holder).

                                   ARTICLE XI

                             Amendment and Waiver.

     Except as otherwise provided herein, the provisions of the Warrant may be
amended if and only if such amendment is in writing and signed by the Required
Holders and by the Company, and the Company may take any action herein
prohibited, or omit to perform any act herein required to be performed by it,
if and only if the Company has obtained the prior written consent of the
Required Holders.

                                  ARTICLE XII

                               Warrant Register.

     The Company shall remain at its principal executive offices books for the
registration and the registration of transfer of the Warrant. The Company may
deem and treat the Registered Holder as the absolute owner hereof
(notwithstanding any notation of ownership or other writing thereon made by
anyone) for all purposes and shall not be affected by any notice to the
contrary.

                                  ARTICLE XIII

                              Fractions of Shares

     The Company may, but shall not be required to, issue a fraction of a
Warrant Share upon the exercise of this Warrant in whole or in part. As to any
fraction of a share which the Company elects not to issue, the Company shall
make a cash payment in respect of such fraction in an amount equal to the same
fraction of the Fair Market Value of a Warrant Share on the date of such
exercise.

                                      -14-
<PAGE>
                                  ARTICLE XIV

                      Descriptive Headings; Governing Law.

     The descriptive headings of the several Sections and paragraphs of this
Warrant are inserted for convenience only and do not constitute a part of this
Warrant. THE CONSTRUCTION, VALIDITY AND INTERPRETATION OF THIS WARRANT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
DELAWARE, WITHOUT REGARD FOR THE CONFLICTS OF LAWS OR RULES OF SUCH STATE.

                                      -15-
<PAGE>
     IN WITNESS WHEREOF, the Company has duly caused this Warrant to be signed
by its duly authorized officer to be dated as of the date hereof.

                                        AMIS HOLDINGS, INC.

                                        By:
                                             -----------------------------------
                                             Name:  Brent D. Jensen
                                             Title: Chief Financial Officer

Acknowledged and Agreed:

PURCHASER

Citigroup Venture Capital Equity Partners, L.P.

By:  CVC Partners LLC, as general partner

By:  Citigroup Venture Capital GP Holdings, Ltd., as managing member

By:
     -------------------------------
     Name:
     Title:

<PAGE>
          IN WITNESS WHEREOF, the Company has duly caused this Warrant to be
signed by its duly authorized officer to be dated as of the date hereof.

                                        AMIS HOLDINGS, INC.

                                        By:
                                             ----------------------------
                                             Name:
                                             Title:

Acknowledged and Agreed:

PURCHASER

Citigroup Venture Capital Equity Partners, L.P.

By:  CVC Partners LLC, as general partner

By:  Citigroup Venture Capital GP Holdings, Ltd., as managing member

By:
     ----------------------------
     Name:
     Title:

                                     - 16 -
<PAGE>
                                                                       EXHIBIT I

                               EXERCISE AGREEMENT

To:                                          Dated:

          The undersigned, pursuant to the provisions set forth in the attached
Warrant (Certificate No. W-_____), hereby agrees to subscribe for the purchase
of ________ Warrant Shares covered by such Warrant and makes payment herewith
in full therefor at the price per share provided by such Warrant.

                                        Signature
                                                  ------------------------------

                                        Address
                                                  ------------------------------

                                     - 17 -
<PAGE>
                                                                      EXHIBIT II

                                   ASSIGNMENT

          FOR VALUE RECEIVED,                                 hereby sells,
assigns and transfers all of the rights of the undersigned under the attached
Warrant (Certificate No. W-   ) with respect to the number of the Warrant Shares
covered thereby set forth below, unto:

<Table>
<S>                                     <C>                           <C>
Names of Assignee                       Address                       No. of Shares
-----------------                       -------                       -------------

</Table>

Dated:                                  Signature ------------------------------

                                                  ------------------------------

                                        Witness   ------------------------------

                                      -18-
<PAGE>
                                                                     EXHIBIT III

                   FORM OF JOINDER TO SHAREHOLDERS' AGREEMENT

          This Joinder Agreement (this "Joinder Agreement") is made as of the
date written below by the undersigned (the "Joining Party") in accordance with
the Shareholders' Agreement dated as of December 21, 2000 (the "Shareholders'
Agreement") among AMIS Holdings, Inc., FP-McCartney, L.L.C., TBW LLC and GA-TEK,
as the same may be amended from time to time. Capitalized terms used, but not
defined, herein shall have the meaning ascribed to such terms in the
Shareholders' Agreement.

          The Joining Party hereby acknowledges, agrees and confirms that, by
its execution of this Joinder Agreement, the Joining Party shall hold Company
Securities as a Permitted Transferee and shall be deemed to be a party to the
Shareholders' Agreement as of the date hereof and shall have all of the rights
and obligations of a "Shareholder" thereunder as if it had executed the
Shareholders' Agreement. The Joining Party hereby ratifies, as of the date
hereof, and agrees to be bound by, all of the terms, provisions and conditions
contained in the Shareholders' Agreement.

          IN WITNESS WHEREOF, the undersigned has executed this Joinder
Agreement as of the date written below.

Date: -------------------

                              [JOINING PARTY]

                              By:  -------------------------------
                                   Name:
                                   Title:

                              Address for Notices:

                                   -------------------------------

                                   -------------------------------

                                   -------------------------------

                                   -------------------------------

                                      -19-<PAGE>

                                                                   EXHIBIT 10.10

                               AMI HOLDINGS, INC.

                      WARRANT FOR THE PURCHASE OF SHARES OF
                   CLASS A COMMON STOCK OF AMI HOLDINGS, INC.

NO. W-[ ]                                                             WARRANT TO
                                                                        PURCHASE
                                                                      [ ] SHARES

         THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
         AS AMENDED, OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD
         EXCEPT IN COMPLIANCE THEREWITH. THIS SECURITY IS ALSO SUBJECT TO
         ADDITIONAL RESTRICTIONS ON TRANSFER, VOTING AND OTHER MATTERS AS SET
         FORTH IN THE SHAREHOLDERS' AGREEMENT (AS HEREIN DEFINED), COPIES OF
         WHICH MAY BE OBTAINED UPON REQUEST FROM THE COMPANY.

         FOR VALUE RECEIVED, AMI HOLDINGS, INC., a Delaware corporation (the
"COMPANY"), hereby certifies that GA-TEK Inc., its successor or permitted
assigns (the "HOLDER"), is entitled, subject to the provisions of this Warrant,
to purchase from the Company, at the times specified herein, [ ] fully paid and
non-assessable shares of Class A Common Stock of the Company, par value $.01 per
share (the "COMMON STOCK"), at a purchase price per share equal to the Exercise
Price (as hereinafter defined). The number of shares of Common Stock to be
received upon the exercise of this Warrant and the price to be paid for a share
of Common Stock are subject to adjustment from time to time as hereinafter set
forth.

         1.       Definitions. The following terms, as used herein, have the
following meanings:

         "AFFILIATE" means, with respect to any Person, any other Person
directly or indirectly controlling, controlled by or under common control with
such Person, provided that no securityholder of the Company shall be deemed an
Affiliate of any other securityholder solely by reason of any investment in the
Company. For the purpose of this definition, the term "CONTROL" (including with
correlative meanings, the terms "CONTROLLING", "CONTROLLED BY" and "UNDER COMMON
CONTROL

<PAGE>

WITH"), as used with respect to any Person, shall mean the possession, directly
or indirectly, of the power to direct or cause the direction of the management
and policies of such Person, whether through the ownership of voting securities,
by contract or otherwise.

         "BUSINESS DAY" means any day except a Saturday, Sunday or other day on
which commercial banks in San Francisco or New York City are authorized by law
to close.

         "CHANGE OF CONTROL" means such time as:

         (i)      any "person" (as such term is used in Sections 3(a)(9) and
13(d)(3) of the Securities Exchange Act of 1934), other than

                           (A) the Institutional Shareholders and/or their
                  respective Permitted Transferees (as defined in Section 1.01
                  of the Shareholders' Agreement) or

                           (B) any "group" (within the meaning of such Section
                  13(d)(3)) of which either of the Institutional Shareholders
                  constitutes a majority (on the basis of ownership interest),

acquires, directly or indirectly, by virtue of the consummation of any purchase,
merger or other combination, securities of the Company representing more than
51% of the combined voting power of the Company's then outstanding voting
securities with respect to matters submitted to a vote of the stockholders
generally; or

         (ii)     a sale or transfer by the Company or any of its Subsidiaries
of substantially all of the consolidated assets of the Company and its
Subsidiaries to a Person that is not an Affiliate of the Company prior to such
sale or transfer.

         "DULY ENDORSED" means duly endorsed in blank by the Person or Persons
in whose name a stock certificate is registered or accompanied by a duly
executed stock assignment separate from the certificate with the signature(s)
thereon guaranteed by a commercial bank or trust company or a member of a
national securities exchange or of the National Association of Securities
Dealers, Inc.

         "EXERCISE PRICE" means $12.94 per Warrant Share, such Exercise Price to
be adjusted from time to time as provided herein.

         "EXPIRATION DATE" means December 31, 2010 at 5:00 p.m. New York City
time.

         "FIRST PUBLIC OFFERING" means the first Public Offering of Class A
Common Stock after the date hereof.

<PAGE>

         "FP" means FP-McCartney, L.L.C. and, to the extent FP shall have
transferred any of its Company Securities to any of its "Permitted Transferees"
as defined in Section 1.01 of the Shareholders' Agreement, such Permitted
Transferees, taken together.

         "INSTITUTIONAL SHAREHOLDER" means either of (i) FP or (ii) TBW, or
either of their Permitted Transferees, as defined in Section 1.01 of the
Shareholders' Agreement.

         "JUNIOR PREFERRED STOCK" means the Series B 14.5% Junior Preferred
Stock, par value $.01 per share, of the Company.

         "MERGER AGREEMENT" means the Agreement and Plan of Merger and
Recapitalization dated December 5, 2000, among the Company and the parties
listed on the signature pages thereto, providing for the purchase of the
Preferred Stock, the Common Stock and this Warrant.

         "PERSON" means an individual, corporation, limited liability company,
partnership, association, trust or other entity or organization, including a
government or political subdivision or an agency or instrumentality thereof.

         "PREFERRED STOCK" means the Senior Preferred Stock and the Junior
Preferred Stock.

         "PUBLIC OFFERING" means an underwritten public offering of Registrable
Securities (as defined in the Shareholders' Agreement) of the Company pursuant
to an effective registration statement under the Securities Act other than
pursuant to a registration statement on Form S-4 or Form S-8 or any similar or
successor form, provided that the proceeds of such public offering amounts to
$30,000,000 gross proceeds to the Company.

         "SENIOR PREFERRED STOCK" means the Series A 13.5% Senior Preferred
Stock, par value $.01 per share, of the Company.

         "SHAREHOLDERS" means the Shareholders listed on the signature pages to
the Shareholders' Agreement.

         "SHAREHOLDERS' AGREEMENT" means the Shareholders' Agreement dated as of
the date hereof among the Company and the holders listed on the signature pages
thereto.

         "SUBSIDIARY" means, with respect to any Person, any entity of which
securities or other ownership interests having ordinary voting power to elect a
majority of the board of directors or other persons performing similar functions
are at the time directly or indirectly owned by such Person.

<PAGE>

         "TBW" means TBW LLC and, to the extent TBW shall have transferred any
of its Company Securities to any of its "Permitted Transferees" as defined in
Section 1.01 of the Shareholders' Agreement, such Permitted Transferees, taken
together.

         "WARRANT SHARES" means the shares of Common Stock deliverable upon
exercise of this Warrant, as adjusted from time to time.

         2.       Exercise of Warrant.

         (a)      This Warrant shall not be exercisable until the earlier of (i)
         the consummation of the Company's First Public Offering or (ii) the
         date on which a Change in Control occurs (the earlier of such dates
         being referred to herein as the "EXERCISABILITY DATE"). The Holder
         shall be entitled to exercise this Warrant in whole or in part at any
         time during the period commencing on the Exercisability Date and
         terminating on the Expiration Date or, if such day is not a Business
         Day, then on the next succeeding day that shall be a Business Day the
         ("EXERCISE PERIOD"). Notwithstanding the foregoing two sentences, the
         Holder shall exercise all or a portion of this Warrant if the
         Institutional Shareholders so require such exercise pursuant to Section
         4.02 of the Shareholders' Agreement. To exercise this Warrant, the
         Holder shall execute and deliver to the Company a Warrant Exercise
         Notice substantially in the form annexed hereto. Subject to paragraph
         2(e) below, no earlier than ten days after delivery of the Warrant
         Exercise Notice, the Holder shall deliver to the Company this Warrant
         Certificate, including the Warrant Exercise Subscription Form forming a
         part hereof duly executed by the Holder, together with payment of the
         applicable Exercise Price. Upon such delivery and payment, the Holder
         shall be deemed to be the holder of record of the Warrant Shares
         subject to such exercise, notwithstanding that the stock transfer books
         of the Company shall then be closed or that certificates representing
         such Warrant Shares shall not then be actually delivered to the Holder.

         (b)      The Exercise Price may be paid in cash or by certified or
         official bank check or bank cashier's check payable to the order of the
         Company or by any combination of such cash or check. The Company shall
         pay any and all documentary, stamp or similar issue or transfer taxes
         payable in respect of the issue or delivery of the Warrant Shares.

         (c)      If the Holder exercises this Warrant in part, this Warrant
         Certificate shall be surrendered by the Holder to the Company and a new
         Warrant Certificate of the same tenor and for the unexercised number of
         Warrant Shares shall be executed by the Company. The Company shall
         register the new Warrant Certificate in the name of the Holder or in
         such name or names of its transferee pursuant to paragraph 7 hereof as
         may be directed in writing by the Holder and deliver the new Warrant
         Certificate to the Person or Persons entitled to receive the same.

         (d)      Upon surrender of this Warrant Certificate in conformity with
         the

<PAGE>

         foregoing provisions, the Company shall transfer to the Holder of this
         Warrant Certificate appropriate evidence of ownership of the shares of
         Common Stock or other securities or property (including any money) to
         which the Holder is entitled, registered or otherwise placed in, or
         payable to the order of, the name or names of the Holder or such
         transferee as may be directed in writing by the Holder, and shall
         deliver such evidence of ownership and any other securities or property
         (including any money) to the Person or Persons entitled to receive the
         same, together with an amount in cash in lieu of any fraction of a
         share as provided in paragraph 6 below.

         (e)      In lieu of making the cash payment required to exercise the
         Warrant pursuant to paragraph 2(a)(but in all other respects in
         accordance with the exercise procedure set forth in paragraph 2(a)),
         the Holder may elect to convert this Warrant into shares of Common
         Stock, in which event the Company will issue to the Holder the number
         of shares of Common Stock equal to the result obtained by (a)
         subtracting B from A, (b) multiplying the difference by C, and (c)
         dividing the product by A as set forth in the following equation:

                  X = (A - B) x C where:
                      -----------
                           A

                           X =  the number of shares of Common Stock issuable
                                upon exercise pursuant to this paragraph 2(e).

                           A =  the Daily Price (as defined below) on the
                                day immediately preceding the date on which
                                the Holder delivers written notice to the
                                Company pursuant to paragraph.

                           B =  the Exercise Price.

                           C =  the number of shares of Common Stock as to which
                                this Warrant is being exercised pursuant to
                                paragraph 2(a).

         If the foregoing calculation results in a negative number, then no
shares of Common Stock shall be issued upon exercise pursuant to this paragraph
2(e)

                  3.       Additional Warrant Shares. (a) The number of shares
         of Common Stock that Holder is entitled to purchase under this Warrant
         shall increase to 7,595,002 if (but only if) the (i) Company's total
         revenues are at least $450,000,000 for the fiscal year ending December
         31, 2001, as shown on the Company's audited consolidated statement of
         operations for the fiscal year ending December 31, 2001 (together with
         the audited consolidated statement of cash flows for such fiscal year,
         the "AUDITED FINANCIALS") and (ii) the Company's

<PAGE>

         EBITDA, calculated as the Company's earnings before interest and taxes
         (as shown on the Company's statement of operations in the Audited
         Financials) and depreciation and amortization (as shown on the
         statement of cash flows in the Audited Financials), is at least
         $142,000,000 for the fiscal year ending December 31, 2001. If either of
         (i) or (ii) in this paragraph 3(a) are not met or if this Warrant is
         exercised in full or cancelled prior to December 31, 2001, this
         paragraph 3 shall be of no effect.

                  (b) The Company will deliver to Holder the Audited Financials
         no later than 90 days after December 31, 2001. The Audited Financials
         will be accompanied by a certificate of the Company (the "CERTIFICATE")
         stating the Company's determination as to whether such increase has
         occurred. The Company's determination thereof in good faith shall be
         conclusive and binding on all parties absent manifest error. If the
         Company determines that the number of shares that Holder is entitled to
         purchase has increased to 7,595,002, such increase shall be effective
         upon the date of delivery of the Certificate to Holder and an amended
         Warrant (which shall contain terms identical to the terms of this
         Warrant, with the exception that this paragraph 3 shall not be
         contained therein) reflecting such increase shall be delivered to
         Holder as promptly as practicable after the date of delivery of the
         Certificate.

                  (c) If after December 31, 2001, the Institutional Shareholders
         require the exercise of this Warrant pursuant to a Compelled Sale (as
         defined in Section 4.02 of the Shareholders' Agreement), the Company
         shall not consummate such Compelled Sale until the Company has
         delivered the Audited Financials and the Certificate and, to the extent
         that the Company determines that Holder is entitled to the increase,
         such increase shall be effective prior to the consummation of such
         Compelled Sale upon the date of delivery of the Certificate to Holder.

                  4.       Restrictive Legend. Certificates representing
         shares of Common Stock issued pursuant to this Warrant shall bear a
         legend substantially in the form of the legend set forth on the first
         page of this Warrant Certificate to the extent that and for so long as
         such legend is required pursuant to the Shareholders' Agreement.

                  5.       Reservation of Shares. The Company hereby agrees that
         at all times there shall be reserved for issuance and delivery upon
         exercise of this Warrant such number of its authorized but unissued
         shares of Common Stock or other securities of the Company from time to
         time issuable upon exercise of this Warrant as will be sufficient to
         permit the exercise in full of this Warrant. All such shares shall be
         duly authorized and, when issued upon such exercise, shall be validly
         issued, fully paid and non-assessable, free and clear of all liens,
         security interests, charges and other encumbrances or restrictions on
         sale and free and clear of all preemptive rights, except to the extent
         set forth in the Shareholders' Agreement.

                  6.       Fractional Shares. (a) No fractional shares or scrip
         representing

<PAGE>

         fractional shares shall be issued upon the exercise of this Warrant and
         in lieu of delivery of any such fractional share upon any exercise
         hereof, the Company shall pay to the Holder an amount in cash equal to
         such fraction multiplied by the Current Market Price Per Common Share
         (as defined in paragraph 6(b) below) at the date of such exercise.

                  (b)      For the purpose of any computation under paragraph
                  6(a), on any determination date on or prior to the Company's
                  First Public Offering, the Current Market Price Per Common
                  Share shall, subject to the penultimate sentence of this
                  paragraph 6(b), be the fair market value per share of the
                  Common Stock as conclusively determined in good faith by the
                  Board of Directors of the Company, and after the Company's
                  First Public Offering, the Current Market Price Per Common
                  Share shall be deemed to be the average (weighted by daily
                  trading volume) of the Daily Prices (as defined below) per
                  share of the applicable class of Common Stock for the 20
                  consecutive trading days immediately prior to such date.
                  "DAILY PRICE" means (A) if the shares of such class of Common
                  Stock then are listed and traded on the New York Stock
                  Exchange, Inc. ("NYSE"), the closing price on such day as
                  reported on the NYSE Composite Transactions Tape; (B) if the
                  shares of such class of Common Stock then are not listed and
                  traded on the NYSE, the closing price on such day as reported
                  by the principal national securities exchange on which the
                  shares are listed and traded; (C) if the shares of such class
                  of Common Stock then are not listed and traded on any such
                  securities exchange, the last reported sale price on such day
                  on the National Market of the National Association of
                  Securities Dealers, Inc. Automated Quotation System
                  ("NASDAQ"); or if the shares of such class of Common Stock
                  then are not traded on the NASDAQ National Market, the average
                  of the highest reported bid and lowest reported asked price on
                  such day as reported by NASDAQ.(D) If on any determination
                  date the shares of such class of Common Stock are not quoted
                  by any such organization, the Current Market Price Per Common
                  Share shall be the fair market value of such shares on such
                  determination date as conclusively determined in good faith by
                  the Board of Directors. For purposes of any computation under
                  this paragraph 6(b), the number of shares of Common Stock
                  outstanding at any given time shall not include shares owned
                  or held by or for the account of the Company.

                  7.       Exchange, Transfer or Assignment of Warrant. This
         Warrant Certificate and all rights hereunder are not transferable by
         the registered holder hereof except to a Permitted Transferee of Holder
         (as defined with respect to the Holder in Section 1.01 of the
         Shareholders' Agreement) who, prior to such transfer, agrees in
         writing, in form and substance reasonably satisfactory to the Company,
         to be bound by the terms of the Shareholders' Agreement in accordance
         with the provisions thereof. Each holder of this Warrant Certificate by
         holding the same, consents and agrees that the registered holder hereof
         may be treated by the Company and all other persons dealing with this
         Warrant Certificate as the

<PAGE>

         absolute owner hereof for any purpose and as the person entitled to
         exercise the rights represented hereby.

                  8.       Loss or Destruction of Warrant. Upon receipt by the
         Company of evidence satisfactory to it (in the exercise of its
         reasonable discretion) of the loss, theft, destruction or mutilation of
         this Warrant Certificate, and (in the case of loss, theft or
         destruction) of reasonably satisfactory indemnification, and upon
         surrender and cancellation of this Warrant Certificate, if mutilated,
         the Company shall execute and deliver a new Warrant Certificate of like
         tenor and date.

                  9.       Anti-dilution Provisions.

                  (a)      Reorganization, Reclassification or Recapitalization
                  of the Company. In case of (a) a capital reorganization,
                  reclassification or recapitalization of the Company's capital
                  stock (other than in the cases referred to in paragraph 9(b)
                  hereof), (b) the Company's consolidation or merger with or
                  into another corporation in which the Company is not the
                  surviving entity, or a reverse triangular merger in which the
                  Company is the surviving entity but the shares of the
                  Company's capital stock outstanding immediately prior to the
                  merger are converted, by virtue of the merger, into other
                  property, whether in the form of securities, cash or
                  otherwise, or (c) the sale or transfer of the Company's
                  property as an entirety or substantially as an entirety, then,
                  as part of such reorganization, reclassification,
                  recapitalization, merger, consolidation, sale or transfer,
                  lawful provision shall be made so that there shall thereafter
                  be deliverable upon the exercise of this Warrant or any
                  portion thereof (in lieu of or in addition to the number of
                  shares of Common Stock theretofore deliverable, as
                  appropriate), and without payment of any additional
                  consideration, the number of shares of stock or other
                  securities or property to which the holder of the number of
                  shares of Common Stock which would otherwise have been
                  deliverable upon the exercise of this Warrant or any portion
                  thereof at the time of such reorganization, reclassification,
                  recapitalization, merger, consolidation, sale or transfer
                  would have been entitled to receive in such reorganization,
                  reclassification, recapitalization, merger, consolidation,
                  sale or transfer. This paragraph 9(a) shall apply to
                  successive reorganizations, reclassifications,
                  recapitalizations, mergers, consolidations, sales and
                  transfers and to the stock or securities of any other
                  corporation that are at the time receivable upon the exercise
                  of this Warrant.

                  (b)      Reclassifications. If the Company changes any of the
                  securities as to which purchase rights under this Warrant
                  exist into the same or a different number of securities of any
                  other class or classes, this Warrant shall thereafter
                  represent the right to acquire such number and kind of
                  securities as would have been issuable as the result of such
                  change with respect to the securities that were subject to the
                  purchase rights under this Warrant immediately prior to such
                  reclassification or other change and the Exercise Price
                  therefor shall be appropriately adjusted. This paragraph 9(b)
                  shall apply to successive reclassifications.

<PAGE>

                  (c)      Splits and Combinations. If the Company at any time
                  subdivides any of its outstanding shares of Common Stock into
                  a greater number of shares, the Exercise Price in effect
                  immediately prior to such subdivision shall be proportionately
                  reduced, and, conversely, if the outstanding shares of Common
                  Stock are combined into a smaller number of shares, the
                  Exercise Price in effect immediately prior to such combination
                  shall be proportionately increased.

                  (d)      Dividends and Distributions. If the Company declares
                  a dividend or other distribution on the Common Stock (other
                  than a cash dividend or distribution), then, as part of such
                  dividend or distribution, lawful provision shall be made so
                  that there shall thereafter be deliverable upon the exercise
                  of this Warrant or any portion thereof, in addition to the
                  number of shares of Common Stock receivable thereupon and
                  without payment of any additional consideration, the amount of
                  the dividend or other distribution to which the holder of the
                  number of shares of Common Stock obtained upon exercise hereof
                  would have been entitled to receive had the exercise occurred
                  as of the record date for such dividend or distribution.

                  (e)      Liquidation; Dissolution. If the Company shall
                  dissolve, liquidate or wind up its affairs, the Holder shall
                  have the right, but not the obligation, to exercise this
                  Warrant effective as of the date of such dissolution,
                  liquidation or winding up. If any such dissolution,
                  liquidation or winding up results in any cash distribution to
                  the Holder in excess of the aggregate Exercise Price for the
                  shares of Common Stock for which this Warrant is exercised,
                  then the Holder may, at its option, exercise this Warrant
                  without making payment of such aggregate Exercise Price and,
                  in such case, the Company shall, upon distribution to the
                  Holder, consider such aggregate Exercise Price to have been
                  paid in full, and in making such settlement to the Holder,
                  shall deduct an amount equal to such aggregate Exercise Price
                  from the amount payable to the Holder.

                  (f)      No adjustment in the Exercise Price shall be required
                  unless such adjustment would require an increase or decrease
                  of at least one percent in such price; provided that any
                  adjustments which by reason of this paragraph 9(f) are not
                  required to be made shall be carried forward and taken into
                  account in any subsequent adjustment. All calculations under
                  this paragraph 9 shall be made to the nearest one tenth of a
                  cent or to the nearest hundredth of a share, as the case may
                  be.

                  (g)      In the event that, at any time as a result of the
                  provisions of this paragraph 9, the holder of this Warrant
                  upon subsequent exercise shall become entitled to receive any
                  shares of capital stock of the Company other than Common
                  Stock, the number of such other shares so receivable upon
                  exercise of this Warrant shall thereafter be subject to
                  adjustment from time to time in a manner and on terms as
                  nearly equivalent as

<PAGE>

                  practicable to the provisions contained herein.

                  (h)      Upon each adjustment of the Exercise Price as a
                  result of the calculations made in paragraphs 9(b) or 9(c)
                  hereof, the number of shares for which this Warrant is
                  exercisable immediately prior to the making of such adjustment
                  shall thereafter evidence the right to purchase, at the
                  adjusted Exercise Price, that number of shares of Common Stock
                  obtained by multiplying the number of shares covered by this
                  Warrant immediately prior to this adjustment of the number of
                  shares by the Exercise Price in effect immediately prior to
                  such adjustment of the Exercise Price and dividing the product
                  so obtained by the Exercise Price in effect immediately after
                  such adjustment of the Exercise Price.

                  10.      Notices. Any notice, demand or delivery authorized by
         this Warrant Certificate shall be in writing and shall be given to the
         Holder or the Company, as the case may be, at its address (or facsimile
         number) set forth below, or such other address (or facsimile number) as
         shall have been furnished to the party giving or making such notice,
         demand or delivery:

                  If to the Company:

                           AMI Holdings, Inc.
                           16644 West Bernardo Drive, Suite 301
                           San Diego, CA 92127
                           Facsimile: (858) 521-3777
                           Attention: Chief Financial Officer

                  If to the Holder:

                           GA-TEK Inc.
                           34929 Curtis Boulevard
                           Eastlake, OH 44095-4001
                           Facsimile: (440) 953-5120
                           Attention: Michael C. Veysey, Esq.

Each such notice, demand or delivery shall be effective (i) if given by
         facsimile, when such facsimile is transmitted to the facsimile number
         specified herein and the intended recipient confirms the receipt of
         such facsimile or (ii) if given by any other means, when received at
         the address specified herein.

                  11.      Rights of the Holder. Prior to the exercise of any
         Warrant, the Holder shall not, by virtue hereof, be entitled to any
         rights of a shareholder of the Company, including, without limitation,
         the right to vote, to receive dividends or other distributions, to
         exercise any preemptive right or to receive any notice of meetings of
         shareholders or any notice of any proceedings of the Company except as
         may be specifically provided for herein.

                  12.      GOVERNING LAW. THIS WARRANT CERTIFICATE AND ALL
         RIGHTS ARISING HEREUNDER SHALL BE CONSTRUED AND

<PAGE>

         DETERMINED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF
         DELAWARE, AND THE PERFORMANCE THEREOF SHALL BE GOVERNED AND ENFORCED IN
         ACCORDANCE WITH SUCH LAWS.

                  13.      Amendments; Waivers. Any provision of this Warrant
         Certificate may be amended or waived if, and only if, such amendment or
         waiver is in writing and signed, in the case of an amendment, by the
         Holder and the Company, or in the case of a waiver, by the party
         against whom the waiver is to be effective. No failure or delay by
         either party in exercising any right, power or privilege hereunder
         shall operate as a waiver thereof nor shall any single or partial
         exercise thereof preclude any other or further exercise thereof or the
         exercise of any other right, power or privilege. The rights and
         remedies herein provided shall be cumulative and not exclusive of any
         rights or remedies provided by law.

                  14.      No Impairment. Without in any way altering the terms
         of this Warrant, the Company shall not by any action, including,
         without limitation, amending its charter documents or through any
         reorganization, reclassification, transfer of assets, consolidation,
         merger, dissolution, issue or sale of securities or any other similar
         voluntary action, avoid or seek to avoid the observance or performance
         of any of the terms of this Warrant, but will at all times in good
         faith assist in the carrying out of all such terms and in the taking of
         all such actions as may be necessary or appropriate to protect the
         rights of the Holder against impairment. Without limiting the
         generality of the foregoing, the Company shall take all such action as
         may be necessary or appropriate in order that the Company may validly
         and legally issue fully paid and nonassessable shares of Common Stock
         upon the exercise of this Warrant, free and clear of all Liens, and
         shall use its reasonable best efforts to obtain all such
         authorizations, exemptions or consents from any public regulatory body
         having jurisdiction thereof as may be necessary to enable the Company
         to perform its obligations under this Warrant. The effectiveness of
         this Section 14 shall terminate upon the exercise or cancellation of
         the Warrant.

<PAGE>

         IN WITNESS WHEREOF, the Company has duly caused this Warrant
Certificate to be signed by its duly authorized officer and to be dated as of
December __, 2000.

                                            AMI Holdings, Inc.

                                            By:
                                                Name:
                                                Title:

Acknowledged and Agreed:

GA-TEK Inc.

By:
    Name:
    Title:

<PAGE>

                             WARRANT EXERCISE NOTICE

                        (To be delivered prior to exercise of the Warrant
                     by execution of the Warrant Exercise Subscription Form)

To: AMI HOLDINGS, INC.

         The undersigned hereby notifies you of its intention to exercise the
Warrant to purchase shares of Common Stock, par value $.01 per share, of AMI
Holdings, Inc. The undersigned intends to exercise the Warrant to purchase
___________ shares (the "SHARES") at $______ per Share (the Exercise Price
currently in effect pursuant to the Warrant). The undersigned intends to pay the
aggregate Exercise Price for the Shares in cash, certified or official bank or
bank cashier's check (or a combination of cash and check) as indicated below.

Date:______________________

                                   GA-TEK Inc.

                                   By:_________________________________
                                      Name:
                                      Title:

                                   ____________________________________
                                   (Street Address)

                                   ____________________________________________
                                   (City)        (State)             (Zip Code)

Payment: $________cash

         $________check

<PAGE>

Securities and/or check to be issued to:_______________________________________

Please insert social security or identifying number:___________________________

Name:__________________________________________________________________________

Street Address:________________________________________________________________

City, State and Zip Code:______________________________________________________

Any unexercised portion of the Warrant evidenced by the within Warrant
Certificate to be issued to:

Please insert social security or identifying number:___________________________

Name:__________________________________________________________________________

Street Address:________________________________________________________________

City, State and Zip Code:______________________________________________________

<PAGE>

                             WARRANT ASSIGNMENT FORM

                                                    Dated ___________ ___, _____

             FOR VALUE RECEIVED, _______________________ hereby sells,

assigns and transfers unto_____________________________________(the "ASSIGNEE"),
                         (please type or print in block letters)

                                        (insert address)

its right to purchase up to shares of Common Stock represented by this Warrant
and does hereby irrevocably constitute and appoint _______________________
Attorney, to transfer the same on the books of the Company, with full power of
substitution in the premises.

                                  Signature:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}]]