Document:

Amendment No. 1 to the above referenced Asset Purchase Agreement

 Exhibit 10.4 
 EXECUTION COPY 
 AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT 
 This AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT (this “Agreement”) is entered into as of this 6th day of April, 2009, by and
among Nanometrics- Israel Ltd. (“Nanometrics”) and Tevet Process Control Technologies Ltd. (“Seller,” together with Nanometrics, the “Parties”). Capitalized terms used in this
Agreement and not otherwise defined herein shall have the meaning given to such terms in the Asset Purchase Agreement (as defined below). 
 RECITALS 
 WHEREAS, pursuant to the Asset Purchase Agreement by and between Nanometrics and Seller, dated as of May 7,
2008 (the “Asset Purchase Agreement”), Seller sold certain of its assets to Nanometrics in accordance with the terms and conditions set forth therein; 
 WHEREAS, pursuant to Section 11.02 of the Asset Purchase Agreement, Nanometrics and Seller may amend the Asset Purchase Agreement by a
written agreement executed by Nanometrics and Seller, and Nanometrics and Seller wish to amend the Asset Purchase Agreement to amend each of Nanometrics’ and Seller’s remedies thereunder, as set forth herein; 
 WHEREAS, in connection with the Asset Purchase Agreement, the Parties and ESOP Management and Trust Services Ltd. (the “Escrow
Agent”) entered into the Escrow Agreement, dated as of May 19, 2008 (the “Escrow Agreement”), pursuant to which a portion of the purchase price payable to Nanometrics under the Asset Purchase Agreement was
deposited with the Escrow Agent, which amount was to be held in escrow and released by the Escrow Agent in accordance with the terms and conditions set forth in the Escrow Agreement; and 
 WHEREAS, in connection with the execution and delivery of this Agreement by the Parties, the Parties and the Escrow Agent have entered into a Termination
Agreement, of even date herewith (the “Termination Agreement”), which agreement amends the Escrow Agreement, terminates the escrow established thereunder and provides for the disbursement of the escrow funds. 
 NOW THEREFORE, in consideration of the premises and the mutual obligations and covenants set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Parties hereto, intending to be legally bound, agree as follows: 
 AGREEMENT 
 1. Acknowledgement of the Parties. As of the date hereof, each of Nanometrics and Seller confirms
and acknowledges that neither it nor any of its respective subsidiaries, officers, directors, employees or shareholders has asserted a demand for indemnification, a Third Party Claim or a Direct Claim under the applicable provision of Article
IX of the Asset Purchase Agreement. 
  

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 2. Amendment of the Asset Purchase Agreement. Nanometrics and Seller further agree that,
effective as of the date hereof: 
 (a) Section 9.05 of the Asset Purchase Agreement is modified to include the following
provision: 
 “Except with respect to fraud, willful misrepresentation, willful misconduct or willful concealment by or on behalf of the
Buyer and except for injunctive relief that may be obtained to enjoin the breach, or threatened breach, of any provision of this Agreement or a Claim for specific performance, Seller’s and each Seller Indemnitee’s right to indemnification
under this Article IX constitutes Seller’s or such Seller Indemnitee’s sole and exclusive remedy with respect to any inaccuracy in, or any breach of, any representation or warranty or any covenant or agreement of Buyer in this
Agreement or in any certificate, instrument, document or agreement delivered by or on behalf of Buyer pursuant to or in connection with this Agreement or any failure by Buyer to perform any covenant, agreement, obligation or undertaking in this
Agreement or any such certificate, instrument, document or agreement. “Seller Indemnitee” shall mean any subsidiaries, officers, directors, employees, and shareholders of Seller.” 
 (b) Section 9.04 of the Asset Purchase Agreement is amended, superseded and replaced in its entirety to provide as follows: 
 “SECTION 9.04 Termination of Indemnification. Except with respect to fraud, willful misrepresentation, willful misconduct or willful
concealment by or on behalf of Seller: the representations and warranties set forth in this Agreement shall terminate on March 31, 2009.” 
 3. Release of Seller’s Bank Guarantee. Nanometrics hereby agrees to take commercially reasonable actions to (i) provide Industrial Buildings Corporation Ltd. (“IBC”) with a deposit of
approximately NIS 375,000 on or before April 19, 2009, and (ii) facilitate IBC’s release to Seller of the Bank Guarantee issued by Leumi Bank Israel on July 29, 2004 towards IBC in accordance with the provisions of the lease
agreement signed on July 26, 2004 by and between Seller and IBC. 
 4. Release and Waiver. 
 (a) Nanometrics on behalf of itself and its directors, officers, employees, successors, affiliates, heirs, assigns, agents, representatives, insurers and
attorneys, (for purposes of this Section 4(a), each, the “Releasor”) hereby irrevocably, unconditionally and completely releases, acquits and forever discharges Seller, its direct and indirect subsidiaries and
their respective past, present and future shareholders, directors, officers and employees, affiliates, successors, predecessors, heirs, assigns, and to the fullest extent permitted by law, (for purposes of this Section 4(a), each a
“Releasee”) from any and all past, present and future disputes, claims, controversies, demands, rights, obligations, actions and causes of action, liabilities, and damages, fixed or contingent, suspected or claimed, which any
of them ever had, now has, or claims to have had, from the beginning of time up to the date hereof, including without limitation, unknown, unsuspected or undisclosed claims, any written or oral agreements or arrangements occurring, existing or
entered into by each Releasor at any time up to and including the date 

  

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hereof; any events, matters, causes, things, acts, omissions or conduct, occurring or existing at any time up to and including the date hereof, including
without limitation, the Asset Purchase Agreement, the basis for which arose prior to the date hereof, (for the purpose of this Section 4(a) the “Released Claims”), each Releasor hereby irrevocably, unconditionally
and completely releases, acquits and forever discharges waives and relinquishes each and every Released Claim, and agrees not to sue any Releasee or in any manner to institute, prosecute or pursue, any claim, complaint, charge, duty, obligation or
cause of action relating to the Released Claims, and specifically agrees that the disbursement of the Escrow Deposit (as defined in the Escrow Agreement) set forth in the Termination Agreement (and the corresponding amendments to the Escrow
Agreement therein) shall be deemed the complete and final fulfillment of Section 2.04 of the Asset Purchase Agreement to the complete satisfaction of both Nanometrics and Seller. Notwithstanding the foregoing, the foregoing waiver
and release does not apply to, and no claims of any kind are being waived or released with respect to (i) any acts, conduct or statements occurring after the date hereof, (ii) fraud by Seller, (iii) the performance of this
Agreement, and (iv) the performance of the Termination Agreement, including without limitation, receipt of the Escrow Deposit (as defined in the Escrow Agreement) as set forth thereunder. 
 (b) Seller on behalf of itself and its directors, officers, employees, successors, affiliates, heirs, assigns, agents, representatives, insurers and
attorneys, (for purposes of this Section 4(b), each, the “Releasor”) hereby irrevocably, unconditionally and completely releases, acquits and forever discharges Nanometrics, its direct and indirect subsidiaries
and their respective past, present and future shareholders, directors, officers and employees, affiliates, successors, predecessors, heirs, assigns, and to the fullest extent permitted by law, (for purposes of this Section 4(b), each a
“Releasee”) from any and all past, present and future disputes, claims, controversies, demands, rights, obligations, actions and causes of action, liabilities, and damages, fixed or contingent, suspected or claimed, which any
of them ever had, now has, or claims to have had, from the beginning of time up to the date hereof, including without limitation, unknown, unsuspected or undisclosed claims, any written or oral agreements or arrangements occurring, existing or
entered into by each Releasor at any time up to and including the date hereof; any events, matters, causes, things, acts, omissions or conduct, occurring or existing at any time up to and including the date hereof, including without limitation, the
Asset Purchase Agreement, the basis for which arose prior to the date hereof, (for the purpose of this Section 4(b) the “Released Claims”), each Releasor hereby irrevocably, unconditionally and completely
releases, acquits and forever discharges waives and relinquishes each and every Released Claim, and agrees not to sue any Releasee or in any manner to institute, prosecute or pursue, any claim, complaint, charge, duty, obligation or cause of action
relating to the Released Claims, and specifically agrees that the disbursement of the Escrow Deposit (as defined in the Escrow Agreement) set forth in the Termination Agreement (and the corresponding amendments to the Escrow Agreement therein) shall
be deemed the complete and final fulfillment of Section 2.04 of the Asset Purchase Agreement to the complete satisfaction of both Nanometrics and Seller. Notwithstanding the foregoing, the foregoing waiver and release does not apply
to, and no claims of any kind are being waived or released with respect to (i) any acts, conduct or statements occurring after the date hereof, (ii) fraud by Nanometrics, (iii) the performance of this Agreement, including,
without limitation, the receipt of Seller’s released Bank Guarantee, in accordance with the provisions of Section 3 of this Agreement, and (iv) the performance of the 

  

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Termination Agreement, including without limitation, receipt of the Escrow Deposit (as defined in the Escrow Agreement) as set forth thereunder. 

5. Miscellaneous. 
 (a) Each
Party represents and warrants that in executing this Agreement, it has relied on legal advice from the attorney of its choice; that the terms of this Agreement have been read and its consequences (including risks, complications, and costs) have been
completely explained to it by that attorney; and that it fully understands the terms of this Agreement. 
 (b) As herein modified, the Asset
Purchase Agreement shall remain in full force and effect in accordance with its terms and conditions. 
 (c) Neither this Agreement nor any
rights, duties or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other party. 
 (d) The
Parties agree that this Agreement, and the respective rights, duties and obligations of the Parties hereunder, shall be governed by and construed in accordance with the laws of the State of Israel, without giving effect to the principles of
conflicts of law thereunder. 
 (e) Any dispute arising out of or in connection with this Agreement, including any question regarding its
existence, validity or termination, which cannot be amicably resolved by the Parties shall be exclusively referred to and finally resolved by the competent courts in Tel Aviv, Israel, and each of the Parties hereby irrevocably submits to the
jurisdiction of such courts. 
 (f) This Agreement may be executed in one or more counterparts, each of which shall be deemed an original.

 (g) This Agreement shall be binding upon and inure solely to the benefit of the Parties and their respective successors and permitted
assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other person any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement. 
 (h) The Section headings in this Agreement are for convenience only and do not constitute part of this Agreement. 
 (i) This Agreement may be amended only by a written instrument signed by the Parties. 
 (j) This Agreement constitutes the entire understanding and agreement of the Parties with respect to the subject matter hereof and supersede all prior and
contemporaneous agreements or understandings, inducements or conditions, express or implied, written or oral, between the Parties with respect hereto. The express terms hereof control and supersede any course of performance or usage of the trade
inconsistent with any of the terms hereof. 
 [Signatures Following Page.] 
  

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 IN WITNESS WHEREOF, the parties hereto have each caused this Amendment No. 1 to the Asset Purchase
Agreement to be executed by their duly authorized officers, each as of the day and year first above written. 
  

			
	NANOMETRICS-ISRAEL LTD.
		
	By:	 	/s/ Timothy J. Stultz, Ph.D.
		
	Name: 	 	Timothy J. Stultz, Ph.D.
		
	Title:	 	President and Chief Executive Officer

  
  

			
	TEVET PROCESS CONTROL TECHNOLOGIES LTD.
		
	By:	 	/s/ Tzvika Kerner
		
	Name: 	 	Tzvika Kerner
		
	Title:	 	Director
		
	By:	 	/s/ Tomer Tzach
		
	Name: 	 	Tomer Tzach
		
	Title:	 	DirectorFirst Amendment to the Above Referenced Loan and Security Agreement

 Exhibit 10.9 
 FIRST AMENDMENT 
 TO LOAN AND SECURITY AGREEMENT 
 This First Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of September 14, 2007, by and among COMERICA BANK
(“Bank”), NANOMETRICS INCORPORATED (“Borrower”), ACCENT OPTICAL TECHNOLOGIES NANOMETRICS, INC. (“Accent”) and NANOMETRICS IVS DIVISION, INC. (together with Accent, the “Guarantors”). 
 RECITALS 
 Borrower, Bank and the
Guarantors are parties to that certain Loan and Security Agreement dated as of February 14, 2007, as amended from time to time (the “Agreement”). The parties desire to amend the Agreement in accordance with the terms of this
Amendment. 
 NOW, THEREFORE, the parties agree as follows: 
 1. Section 3.2(b) is renumbered Section 3.2(c) and new Section 3.2(b) is hereby added to the Agreement to read in its entirety as follows: 
 “(b) with respect to Credit Extensions under the Revolving Line, receipt by Bank of Borrower’s aged listing by invoice date of its domestic
accounts receivable for the month ending prior to the applicable request for Advance; and” 
 2. Section 6.2(a) of the Agreement is
hereby amended and restated to read in its entirety as follows: 
 “(a) (i) So long as there are any outstandings under the
Revolving Line, within 30 days after the last day of each month through December 31, 2007 and within 25 days after the last day of each month thereafter, Borrower shall deliver to Bank a Borrowing Base Certificate signed by a Responsible
Officer in substantially the form of Exhibit D hereto, together with aged listings by invoice date of domestic accounts receivable and accounts payable and with the Borrower’s domestic cash position as of such month’s end and
(ii) within 30 days after the last day of each month through December 31 , 2007 and within 25 days after the last day of each month thereafter, Borrower shall deliver to Bank a Compliance Certificate in substantially the form of Exhibit E
hereto.” 
 3. Exhibit E to the Agreement is hereby replaced with Exhibit E attached hereto. 
 4. No course of dealing on the part of Bank or its officers, nor any failure or delay in the exercise of any right by Bank, shall operate as a waiver
thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by Borrower of any provision shall not affect any right of Bank
thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 
 5. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and
hereby is ratified and confirmed in all respects. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the
Agreement, as in effect prior to the date hereof. 
 6. Borrower represents and warrants that the Representations and Warranties contained in
the Agreement are true and correct as of the date of this Amendment, and that no Event of Default has occurred and is continuing. 
 7. As a
condition to the effectiveness of this Amendment, Bank shall have received, in form and substance satisfactory to Bank, the following: 
 (a)
this Amendment, duly executed by Borrower; 
  

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 (b) a Certificate of the Secretary of Borrower with respect to incumbency and resolutions authorizing
the execution and delivery of this Amendment; 
 (c) all reasonable Bank Expenses incurred through the date of this Amendment, which may be
debited from any of Borrower’s accounts; 
 (d) an Affirmation of Guaranties and Stock Pledge Agreement, duly executed by the
Guarantors; and 
 (e) such other documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate.

 8. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one instrument. 
 [Remainder of Page Intentionally Left Blank] 
  

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 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above written.

  

					
	NANOMETRICS, INC.
		
	By:	 	 

			
	Title:	 	Chief Financial Officer	 	  

	
	ACCENT OPTICAL TECHNOLOGIES
	NANOMETRICS, INC.
		
	By:	 	 

			
	Title:	 	Chief Financial Officer	 	  

	
	NANOMETRICS IVS DIVISION, INC.
		
	By:	 	 

			
	Title:	 	Chief Financial Officer	 	  

	
	COMERICA BANK
		
	By:	 	 

		
	Title:	 	 Vice President

  

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