Document:

Amendment to Long-Term Incentive Compensation Plan

 Exhibit 10.1 

ULTRATECH, INC. 

LONG-TERM INCENTIVE COMPENSATION PLAN 

AS AMENDED AND RESTATED JANUARY 28, 2008 

PLAN AMENDMENT 

The Ultratech, Inc. Long-Term Incentive Compensation Plan, as amended and restated effective January 28, 2008 (the “Plan”)
is hereby further amended, effective as of January 1, 2010, as follows: 
 1. Section 6.01 of the Plan is hereby
amended and restated in its entirety to read as follows: 
 “6.01 Vesting. The Plan
Administrator may, in its sole discretion at the time the Performance Milestones for the Performance Period are established, impose an additional Service vesting requirement with respect to all or any portion of the Long-Term Incentive Bonus to
which each Participant becomes entitled for that Performance Period. Such portion shall be hereinafter referred to as the Deferred Portion and shall be subject to the following provisions: 

(i) The Deferred Portion shall be credited to each Participant’s Account as of the date the remaining portion of his
or her Long-Term Incentive Bonus is paid in accordance with Section 6.02. 
 (ii) The Deferred Portion shall
vest in a series of successive equal annual installments upon the Participant’s completion of each additional year of Service over the period of years (not to exceed five (5) years) designated by the Plan Administrator and measured from
the first day of the Corporation’s fiscal year immediately following the Performance Period to which that Deferred Portion relates. 

(iii) The Deferred Portion shall vest in full on an accelerated basis upon the Participant’s continuation in Service
through the consummation of a Change in Control or any earlier cessation of the Participant’s Service by reason of Retirement or Involuntary Termination (other than a Termination for Cause), provided that in each instance the
Participant continues in Service at least through the end of the Performance Period to which that Deferred Portion relates. 

(iv) During the period the Deferred Portion is credited to the Participant’s Account, that portion shall earn
interest, compounded annually, at the per annum rate determined from time to time by the Plan Administrator. In the absence of any such determination by the Plan Administrator, the per annum rate shall be the prime rate in effect from time to time,
as such rate is quoted in The Wall Street Journal. 

 (v) As the Deferred Portion vests in one or more installments, whether in
accordance with the established vesting schedule for that portion or pursuant to the applicable vesting acceleration provisions of the Plan, each such vested installment will be paid to the Participant (or his or her estate) on the fifteenth
(15th) day following such vesting date or as soon after that vesting date as administratively practicable, but in no event later than the later of the close of the calendar year in which that vesting date occurs or the fifteenth
(15th) day of the third calendar month following such vesting date. 
 (vi) Notwithstanding anything to the
contrary in subparagraphs (i) through (v) above, should the Participant satisfy the age requirement for Retirement prior to any installment vesting date in effect for his or her Deferred Portion, then each such post-Retirement age
installment shall be paid on the fifteenth (15th) day following the earlier of (a) the applicable vesting date for that installment had the Participant not attained Retirement age or (b) the date of his or her Separation
from Service, or as soon after the earlier of those two dates as administratively practicable, but in no event later than the later of the close of the calendar year in which that earlier date occurs or the fifteenth (15th) day of
the third (3rd) calendar month following that earlier date.” 
 2. There is hereby added to Article VIII new
Section 8.11 as follows: 
 “8.11 Construction and Interpretation. The Plan is intended
to comply either with the applicable requirements of Internal Revenue Code Section 409A (“Section 409A”) and the Treasury Regulations thereunder or with the “short-term deferral exception” to Section 409A. To the extent
any payment under the Plan would qualify for such short-term deferral exception, the provisions of the Plan applicable to that payment shall be applied, construed and administered so that such payment qualifies for such exemption, to the maximum
extent allowable. To the extent any payment under the Plan is deemed to be an item of deferred compensation subject to the requirements of Code Section 409A, the provisions of the Plan applicable to such payment shall be applied, construed and
administered so that such payment is made in compliance with the applicable requirements of Code Section 409A. In addition, should there arise any ambiguity as to whether any other provisions of the Plan would contravene one or more
requirements or limitations of Code Section 409A and the Treasury Regulations thereunder, such provisions shall be interpreted, administered and applied in a manner that complies with the applicable requirements of Code Section 409A and
the Treasury Regulations thereunder.” 
 3. Except as modified by this Plan Amendment, all the terms and conditions of the
Plan shall continue in full force and effect. 

 IN WITNESS WHEREOF, Ultratech, Inc. has caused this Plan Amendment to be executed by
its duly-authorized officer on this      day of         , 2010. 
  

			
	 ULTRATECH, INC.

		
	By:	 	  

		
	Title:Letter Amendment to Employment Agreement - Arthur W. Zafiropoulo

 Exhibit 10.2 

Ultratech, Inc. 

3050 Zanker Road 

San Jose, California 95134 

April 19, 2010 

Mr. Arthur W. Zafiropoulo 
 c/o
Ultratech, Inc. 
 3050 Zanker Road 

San Jose, California 95134 
 Dear Art,

 We would like to take this opportunity to clarify certain provisions in your Amended and Restated Employment Agreement with Ultratech, Inc.
(the “Company”), that became effective as of January 1, 2009 (the “Employment Agreement”). 
 Release
Requirement. Under your Employment Agreement, you are required to execute and deliver a general release to the Company as a condition to your qualifying for certain severance benefits. We wish to resolve any potential ambiguity as to the
impact that release will have upon the commencement date of the payment of any such severance benefits to which you may become entitled under your Employment Agreement, whether payable in cash or equity, should the delayed commencement date
provisions of Section 10.1 of your Employment Agreement not otherwise be applicable at that time. As a point of clarification, in that event each of the references in your Employment Agreement to “any applicable revocation period” is
intended to refer to the maximum applicable review/delivery and revocation period to which you are entitled under applicable law with respect to the release. That maximum period will accordingly be used to determine the date (and taxable year) for
the commencement of such severance benefits. 
 Except for the clarifications set forth in this letter, all the terms and provisions of your
Employment Agreement will continue in full force and effect. 
  

	
	 /s/ Henri Richard

	 Henri Richard

	 Chairman, Compensation Committee of the Board of Directors

APPROVAL 
 I hereby
approve and accept the clarifying changes to my Employment Agreement set forth above. 
  

	
	 /s/ Arthur W. Zafiropoulo

	 Arthur W. Zafiropoulo

Dated: April 19, 2010 
  

 1Letter Amendment to Employment Agreement - Bruce R. Wright

 Exhibit 10.3 

Ultratech, Inc. 

3050 Zanker Road 

San Jose, California 95134 

April 19, 2010 

Mr. Bruce R. Wright 
 c/o Ultratech,
Inc. 
 3050 Zanker Road 
 San Jose,
California 95134 
 Dear Bruce: 
 We
would like to take this opportunity to clarify certain provisions in your Amended and Restated Employment Agreement with Ultratech, Inc. (the “Company”), that became effective as of January 1, 2009 (the “Employment
Agreement”). 
 Release Requirement. Under your Employment Agreement, you are required to execute and deliver a general
release to the Company as a condition to your qualifying for certain severance benefits. We wish to resolve any potential ambiguity as to the impact that release will have upon the commencement date of the payment of any such severance benefits to
which you may become entitled under your Employment Agreement, whether payable in cash or equity, should the delayed commencement date provisions of Section 10.1 of your Employment Agreement not otherwise be applicable at that time. As a point
of clarification, in that event each of the references in your Employment Agreement to “any applicable revocation period” is intended to refer to the maximum applicable review/delivery and revocation period to which you are entitled under
applicable law with respect to the release. That maximum period will accordingly be used to determine the date (and taxable year) for the commencement of such severance benefits. 

Except for the clarifications set forth in this letter, all the terms and provisions of your Employment Agreement will continue in full force and effect.

  

	
	 /s/ Henri Richard

	 Henri Richard

	 Chairman, Compensation Committee of the Board of Directors

APPROVAL 
 I hereby
approve and accept the clarifying changes to my Employment Agreement set forth above. 
  

	
	 /s/ Bruce R. Wright

	 Bruce R. Wright

Dated: April 19, 2010 
  

 1Amendment, dated April 23, 2010

 Exhibit 10.4 

April 23, 2010 

Toyota Motor Sales, U.S.A., Inc. 
 James Lentz,
President 
 19001 South Western Avenue 

Torrance, California 90509 
  

	 	RE:	AutoNation, Inc. Consent Agreement 

 Dear
Mr. Lentz: 
 Reference is made to that certain letter agreement (the “Consent Agreement”), dated as of
January 28, 2009, as extended by that certain extension agreement (the “Extension Agreement”), dated November 23, 2009, by and among Toyota Motor Sales, U.S.A., Inc. (“Toyota”), AutoNation, Inc.
(“AutoNation”), ESL Investments, Inc. and its investment affiliates set forth on Exhibit A to the Consent Agreement and such other investment affiliates of ESL Investments, Inc. or individuals that may be added as
parties to the Consent Agreement from time to time pursuant to paragraph 9 of the Consent Agreement. Capitalized terms used but not defined in this letter agreement shall have the meanings ascribed thereto in the Consent Agreement. 

Each of the parties hereto hereby agrees that paragraph 8 of the Consent Agreement shall be amended by adding the following language at
the end of the last sentence of paragraph 8: 
 ; provided, however, that if at any time after ESL has Owned in
excess of fifty percent (50%) of the outstanding Common Stock, (i) the exercise of options to purchase Common Stock and/or (ii) the issuance or vesting of restricted shares of Common Stock causes ESL to no longer Own in excess of
fifty percent (50%) of the then outstanding Common Stock, then this letter agreement, and Toyota’s waiver and consent hereunder, shall continue to be in effect until any subsequent disposition of Common Stock by ESL during the time when
ESL’s Ownership is not in excess of fifty percent (50%) of the then outstanding Common Stock as a result of such exercise, issuance or vesting. 

 Toyota Motor Sales, U.S.A., Inc. 

Page 2 
 Each of the parties
hereto hereby reaffirms the terms of the Consent Agreement, as extended by the Extension Agreement and as amended by this letter agreement, and agrees that the Consent Agreement, as so extended and amended, shall remain in full force and effect
until terminated in accordance with its terms. 
 This letter agreement (a) may not be amended, waived or modified except
by an instrument in writing signed by Toyota, AutoNation and ESL Investments, Inc. and (b) may be executed in one or more counterparts, each of which when executed shall be deemed to be an original but which when taken together shall constitute
one and the same letter agreement. 
 Please acknowledge your agreement to the foregoing by signing and returning to the
undersigned as soon as possible a counterpart of this letter. 

*        *        *      
  * 

 Toyota Motor Sales, U.S.A., Inc. 

Page 3 
  

	
	Very truly yours,
	
	ESL INVESTMENTS, INC.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer
	
	ESL PARTNERS, L.P.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate General Partner to ESL Partners, L.P.
	
	ESL INSTITUTIONAL PARTNERS, L.P.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate General Partner to ESL Institutional
	Partners, L.P.
	
	ESL INVESTORS, L.L.C.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate Managing Member to ESL Investors,
	L.L.C.
	
	CBL PARTNERS, L.P.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate General Partner to CBL Partners, L.P.

 Toyota Motor Sales, U.S.A., Inc. 

Page 4 
  

	
	TYNAN, LLC
	
	/s/ William C. Crowley
	William C. Crowley, Managing Member
	
	ESL INVESTMENT MANAGEMENT, L.P.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate General Partner to ESL Investment
	Management, L.P.
	
	RBS PARTNERS, L.P.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate General Partner to RBS Partners, L.P.
	
	RBS INVESTMENT MANAGEMENT, L.L.C.
	
	/s/ William C. Crowley
	William C. Crowley, President & Chief
	Operating Officer of ESL Investments, Inc., the
	ultimate Managing Member to RBS Investment
	Management, L.L.C.
	
	/s/ Edward S. Lampert
	Edward S. Lampert
	
	ESL 2008 ANNUITY TRUST I
	
	/s/ Edward S. Lampert
	Edward S. Lampert, Trustee

 Toyota Motor Sales, U.S.A., Inc. 

Page 5 
  

	
	ACKNOWLEDGED AND AGREED TO
	AS OF THE DATE FIRST WRITTEN ABOVE:
	
	TOYOTA MOTOR SALES, U.S.A., INC.
	
	/s/ James Lentz
	James Lentz, President
	
	AUTONATION, INC.
	
	/s/ Michael E. Maroone
	Michael E. Maroone, President

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