Document:

Exhibit 10.1

Exhibit 10.1 - Executive Officer Compensation

     The Temecula Valley Bank ("Bank") Board of Directors, upon the
recommendation of the Executive Officer Compensation Committee, approved the
following:

     1. Annual Base Salary Changes Effective January 1, 2008

     Jim Andrews, EVP/Real Estate Manager                $220,000 to $231,000
     Frank Basirico Jr., SEVP/Chief Credit Officer       $262,500 to $275,625
     Martin E. Plourd, EVP/Chief Operating Officer       $180,000 to $189,000

     2. Mr. Basirico's bonus was changed from 60 basis points to 75 basis points
of pre-tax profits.Exhibit 10.2

Exhibit 10.2 - Director Compensation

     The Board of the Bank authorized an increase in directors' fees for Board
member services from $1,850 to $2,000 per month effective January 1, 2008. Fees
will not be paid to any member not in attendance beginning with the second
missed meeting in any calendar year.

     The Boards of the Company or the Bank, as applicable, also authorized an
increase to $500 from $400 per month for members of each committee of the
following committees: audit (Company committee) and loan (Bank committee).Exhibit 10.3

Exhibit 10.3 - Chief Executive Officer, Chief Financial Officer and Other Named
               Officer Compensation

     The Bank's Board of Directors, upon the recommendation of the Executive
Officer Compensation Committee, approved the following (without CEO
participation relative to his compensation):

     1. Annual Base Salary Changes Effective January 1, 2008

     William H. McGaughey, SEVP/Director-Capital Markets/   $220,000 to $231,000
      Treasurer
     Donald A. Pitcher, EVP/Chief Financial Officer         $180,000 to $189,000
     Stephen H. Wacknitz, CEO/President/Chairman            $500,000 to $560,000Exhibit 10.1

Likino-Dulevo                                                   15 November 2007

     PC "Dulevo Porce1ain", Likino-Dulevo, Moscow . region Russia (643),
hereinafter referred to as the "Supplier", represented by the Chairman of the
Board of Directors Zakharova N.N., acting pursuant with the Articles of the
Cooperative, on the one part, and Onyx China Inc. (840), represented by the
Director Lyakutin Dmitry Alexandrovich, acting pursuant with the Articles of
Incorporation, on the other part, hereinafter referred to as the " Buyer", have
concluded the present Contract for the following:

                           1. SUBJECT OF THE CONTRACT
1.1. The Supplier sells and the Buyer buys at free prices the lot of porcelain
ware of 1 and 2 quality category in assortment.
1.2. The Supplier undertakes to sell, and the Buyer undertakes to pay and accept
the delivered goods in accordance with the terms and conditions of the Contract
within one calendar month.
1.3. The Contract is valid from its signing till 3 1 December 2008.

                  2. PRICE OF THE GOODS AND PAYMENT. PROCEDURE
2.1. The total value of the Contract amounts to USD 1 0 000 (Ten thousand).
Price of the goods includes all expenses connected with the execution of the
Contract by the Supplier on the territory of the Russian Federation.
2.2. Payment under the present Contract shall be made by the Buyer in the form
of advance payment for each lot of goods to the Supplier's account which details
are set forth in cl. 8 in US Dollars.
2.3. Bank's charges on the territory of the Russian Federation for the
Supplier's' account, outside the Russian Federation for the Buyer's account.

                              3. TERMS OF DELIVERY
3.1. Delivery of the goods shall be made by automobile transport of the Buyer
according to "Incoterms- 2000" on conditions FCA Likino-Dulevo.
3.2. Delivery time within 15 days after crediting monetary resources for the
declared lot of the goods to the Supplier's account and absence of prohibitions
on loading.
3.3. Right of ownership for the goods is assigned at the time of transfer of the
goods by the Supplier to carrier.
3.4. Acceptance ofthe goods is carried out with the following documents:
- invoice
- Consignment note
- customs freight declaration
- certificate of conformity and sanitary-epidemiological conclusion
- certificate of origin (under request of the Buyer)
3.5. In case of failure to deliver the goods the Supplier is obliged to return
the transferred monetary resources to the Buyer's settlement account not later
than 30 days from the estimated date of delivery.

                   4 QUALITY OF THE GOODS, PACKING AND MARKING
4.1. Products shall meet GOST RF 28390-89.
4.2. Shipment shall be made in packing according to GOST RL28389~89 ensuring
safety of porcelain ware if duly handled.
4.3. If during unloading discrepancy in quality, breakage or shortages are
found, the Buyer, not later than on the following day, shall notify the Supplier
and make a report stating quantity and defected assortment and assortment of
shortage.
<PAGE>
4.4. Breakage found during unloading, transportation, storage in which the
Supplier is not guilty shall be classified as the Buyer's expenses

                        5. DISPUTES SETTLEMENT PROCEDURE
5.1 All disputes which may arise out of the present Contract will be settled by
rnea~s of negotiations between the parties under the Civil Code and the
Arbitration Procedure Code of the Russian Federation~

                               6. OTHER CONDITIONS
6.1. All the amendments and addenda to the present Contract are valid only on
condition of being made in a written form and signed by both parties. The
Contract and all amendments to the present Contract sent by fax have legal
validity equal to the originals.
6.2. The present Contract is drawn up in 2 copies, one copy for each party.
6.3. Neither party has the right to assign its obligations and rights under the
present Contract to any third party without written consent of the other party.

                                7. FORCE MAJEURE

7.1. In case of beginning of circumstances preventing fulfillment of obligations
under the present Contract (natural disasters, military actions, limitation of
export or import beyond the parties' control) the time of fulfillment of the
obligations is extended for the period equal to that during which such
circumstances last.
7.2. The party, for which it became impossible to meet its obligations, is to
notify the other party immediately of the beginning and cessation of such
circumstances preventing the fulfillment of its obligations.
7.3.Certificates issued by the respective Chambers of Commerce and Industry will
be a sufficient proof of the existence and duration of such circumstances.

                        8. LEGAL ADDRESSES OF THE PARTIES

          SUPPLIER                                            BUYERS
PC "Dufevo Porcelain"                              Onyx China, Inc
TIN 5073087612                                     Corp Number: E0236642007-1
Address: 15, Lenin Street.                         Address of resident agent:
142670 Likino-Dulevo, Moscow region                6100 NEIL ROAD,
SWIFT code SABRRUM3, Savings Bank of               SUITE 500, RENO NV, 89511 USA
the Russian Federation, Sredne Russky Office,      Address in Russia:
Branch 1556, Orehovo-Zuevo                         Kvartal 60, dom 23 apt. 18
acc. 40702840140310200058                          Angarsk, 665830
BIC 044525225, OKPO of the Bank:                   tel: + 7-904-125-4225
02804866                                           fax: +1-775-562-8169
No. 890-O057-610 SWIFT - IRVTUS3N
tel: (8-0964) 14-02-91, 14-08-73

Chairman of the Board of Directors                 Director
PC "Dulevo Porcelain"                              Onyx China Ink

(signature) N.N. Zakharova                         (signature) D.A. LyakutinELEVENTH AMENDMENT TO 

LOAN AND SECURITY AGREEMENT

This ELEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this "Amendment"), dated January 31, 2008, by and among LASALLE BUSINESS CREDIT, LLC, a Delaware limited liability company ("LaSalle"), with its principal office at 450 North Brand Blvd., Suite 950, Glendale, California 91203, the financial institutions that, from time to time, become a party to the Loan Agreement (hereinafter defined) (such financial institutions, collectively, the "Lenders" and each individually, a "Lender"), LaSalle as agent for the Lenders (in such capacity, the "Agent"), and IMPCO TECHNOLOGIES, INC., a Delaware corporation, with its principal office at 3030 South Susan Street, Santa Ana, California 92704 (the "Borrower").

A.WHEREAS, LaSalle, as a Lender and the Agent, and the Borrower are parties to a Loan and Security Agreement dated as of July 18, 2003 (as amended, restated, supplemented, or otherwise modified from time to time, the "Loan Agreement"), pursuant to which the Lenders have agreed, upon satisfaction of certain conditions, to make Revolving Advances and other financial accommodations to the Borrower; and

B.WHEREAS, the Borrower has requested that the Lenders and the Agent agree to amend the Loan Agreement in certain respects, and the Agent and the Lenders are willing to amend the Loan Agreement, all on the terms and subject to the conditions hereinafter set forth.  Capitalized terms used herein, unless otherwise defined herein, shall have the meaning set forth in the Loan Agreement.

NOW THEREFORE, the parties hereto agree as follows:  

	Recitals.  Recitals A and B above are incorporated herein as though set forth in full.

	Extension of Term.  The first sentence of Paragraph 12(a) of the Loan Agreement is hereby deleted and replaced in its entirety by the following:

"(a)This Agreement shall be in effect from the date hereof until March 15, 2008 (the "Term"), unless the due date of the Liabilities is accelerated pursuant to paragraph 17 hereof, in which case this Agreement shall terminate on the date thereafter that the Liabilities are paid in full, provided, however, that the security interests and liens created under this Agreement and the Other Agreements shall survive such termination until the date upon which payment and satisfaction in full of the Liabilities shall have occurred."

	Subordinated Debt Payments.  The Borrower has represented to the Agent and the Lenders that it will not make any payments of principal to MTM until the later of March 15, 2008, or payment in full of the Liabilities and termination of the Loan Agreement.  Alternatively, Borrower may make payments of principal to MTM so long as MTM immediately returns the same amount of funds to Borrower as a subordinated loan which will not be repaid in whole or in part until after payment in full of the Liabilities and termination of the Loan Agreement.  The foregoing shall be deemed an additional representation and warranty under Paragraph 13 of the Loan Agreement.

	Revolving Loan Commitment.  The definition of "Revolving Loan Commitment" set forth in Paragraph 1(a) of the Loan Agreement is hereby amended and restated to read in its entirety as follows:

"'Revolving Loan Commitment' shall mean the sum of $6,250,000."

	Letter of Credit.  The availability of the Letters of Credit is hereby terminated.  In that connection, Paragraph 3 of the Loan Agreement is hereby deleted in its entirety, and the following parenthetical is deleted in its entirety from Paragraph 2(b)(i):  "provided, however, that, in any event, 100% of the aggregate face amount of all undrawn Stand-by Letters of Credit and 50% of the aggregate face amount of all Documentary Letters of Credit shall be reserved from the availability under the Borrowing Base".

	Amendment Fee.  In addition to all other fees and charges, Borrower agrees to pay to Agent on the date hereof a fully-earned, non-refundable amendment fee of $10,000 (the "Amendment Fee").

	Release.  As a material inducement to the Agent and the Lenders to enter into this Amendment, Borrower hereby releases the Agent and each Lender, and their respective directors, officers, employees, affiliates, representatives, attorneys, and agents, from any and all claims, demands, debts, liabilities, actions, and causes of action of every kind, known or unknown, and character based upon, relating to, or arising out of the Loan Agreement and related transactions in any way (collectively "Claims").

The Borrower intends the above release to cover, encompass, release, and extinguish, inter alia, all Claims that might otherwise be reserved by California Civil Code Section 1542 or any similar provision of New York law.  California Civil Code Section 1542 provides as follows: 

"A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor."

Borrower acknowledges that it may hereafter discover facts different from or in addition to those now known or believed to be true with respect to such claims, demands, or causes of action, and agrees that this Amendment and the above releases are and will remain effective in all respects notwithstanding any such differences or additional facts. 

	Acknowledgments and Confirmations.  The Borrower, the Lenders and the Agent hereby acknowledge and confirm that, as of the Effective Date (defined below):  (i) all references in the Loan Agreement to "this Agreement" will be deemed to refer to the Loan Agreement, as amended by this Amendment; and (ii) all references in each of the Other Agreements to the "Loan Agreement" will be deemed to refer to the Loan Agreement, as amended by this Amendment.

	Representations and Warranties.  The Borrower hereby represents and warrants to the Lenders and the Agent, that:

	Each of the representations and warranties set forth in Paragraph 13 of the Loan Agreement is true in all material respects as of the date hereof, except for changes in the ordinary course of business, that, either singly or in the aggregate, are not materially adverse to the business or financial condition of the Borrower or to the Collateral.

	As of the date hereof, after giving effect to the terms of this Agreement, there exists no Default or Event of Default.

	The Borrower has the power to execute, deliver, and perform this Amendment and all agreements, instruments, and documents executed in connection herewith (this Amendment and such other agreements, instruments and documents are sometimes hereinafter referred to collectively as the "Amendment Documents").  The Borrower has taken all necessary action to authorize the execution, delivery, and performance of this Amendment and the other Amendment Documents.  No consent or approval of any entity or Person (including, without limitation, any shareholder of the Borrower), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right, and no consent, license, approval, authorization, or declaration of any governmental authority, bureau, or agency is required in connection with the execution, delivery, or performance by the Borrower, or the validity or enforcement, of this Amendment or the other Amendment Documents.

	The execution and delivery by the Borrower of this Amendment and the other Amendment Documents and performance by it hereunder and thereunder, will not violate any provision of law and will not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court or governmental authority, bureau, or agency, domestic or foreign, or the certificate of incorporation or by-laws of the Borrower, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note, or indenture to which the Borrower is a party, or by which it is bound or by which any of its properties or assets is affected (including, without limitation, the Subordinated Debt Documents), or result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower, other than the Liens contemplated by this Amendment.

	This Amendment and the other Amendment Documents have been duly executed and delivered by the Borrower and constitute the valid and legally binding obligation of the Borrower, enforceable in accordance with their respective terms.

	Conditions to Effectiveness of Amendment and Waiver.  This Amendment is effective upon the Borrower and the Agent executing this Amendment and delivering same to the Agent and payment of the Amendment Fee (the "Effective Date").

	Further Assurances.  The Borrower agrees that it will, from time to time, execute and/or deliver all agreements, instruments, and documents and do and perform all actions and things (all at the Borrower's sole expense) as the Agent may reasonably request to carry out the intent and terms of this Amendment.

	Miscellaneous.

	The Borrower's breach of any of its covenants contained in this Amendment will constitute an Event of Default.

	Nothing contained in this Agreement imposes an obligation on the Lenders or the Agent to further amend the Loan Agreement or waive compliance with any other provision.

	Except as set forth in this Amendment, none of the Lenders nor the Agent waive any breach of, or Default or Event of Default under, the Loan Agreement, nor any right or remedy the Lenders or the Agent may have under the Loan Agreements, the Other Agreements, or applicable law, all of which rights and remedies are expressly reserved.

	Except as specifically amended in this Amendment, the Loan Agreement and the Other Agreements remain in full force and effect in accordance with their respective terms.

	No modification or waiver of or with respect to any provision of this Amendment and all other agreements, instruments, and documents delivered pursuant hereto or referred to herein, nor consent to any departure by any party hereto or thereto from any of the terms or conditions hereof or thereof, will in any event be effective, unless it is in writing and signed by each party hereto, and then such waiver or consent will be effective only in the specific instance and for the purpose for which given.

	This Amendment, together with all of the other agreements, instruments, and documents referred to herein, embodies the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and thereof and supersedes all prior agreements and understandings relating to the subject matter hereof.

	Without in any way limiting Paragraph 14(r) of the Loan Agreement, the Borrower shall pay all of the Lenders' and the Agent's fees, costs, and expenses incurred in connection with this Amendment and the transactions contemplated hereby, including without limitation, the Lenders' and the Agent's legal fees and expenses incurred in connection with the preparation, negotiation, consummation, and, if required, the enforcement, of this Amendment and the other Amendment Documents.

	This Amendment may be signed in any number of counterparts with the same effect as if the signatures thereto and hereto were upon the same instrument.

	EACH OF THE PARTIES TO THIS AMENDMENT HEREBY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING THAT PERTAINS DIRECTLY OR INDIRECTLY TO THIS AMENDMENT, ANY OF THE OTHER AGREEMENTS, THE LIABILITIES, THE COLLATERAL, ANY ALLEGED TORTIOUS CONDUCT OF THE BORROWER, THE AGENT, OR THE LENDERS OR THAT, IN ANY WAY, DIRECTLY OR INDIRECTLY, ARISES OUT OF OR RELATES TO THE RELATIONSHIP AMONG THE BORROWER, THE AGENT, AND/OR THE LENDERS.  IN NO EVENT WILL THE AGENT OR ANY LENDER BE LIABLE FOR LOST PROFITS OR OTHER SPECIAL OR CONSEQUENTIAL DAMAGES.

	This Amendment is governed by and must be construed in accordance with the applicable law pertaining in the State of New York, other than those conflict of law provisions that would defer to the substantive laws of another jurisdiction.

(k)The parties to this Amendment prefer that any dispute between or among them be resolved in litigation subject to a jury trial waiver as set forth above.  Only if a pre-dispute jury trial waiver of the type provided for above is unenforceable in litigation to resolve any dispute, claim, cause of action or controversy under this Amendment, the Loan Agreement or any of the Other Agreements (each, a "Cause of Action") in the venue where the Cause of Action is being brought pursuant to the terms of this Amendment, then, upon the written request of any party, such Cause of Action, including any and all questions of law or fact relating thereto, shall be determined exclusively by a judicial reference proceeding.  Except as otherwise provided in this Section 12 above, venue for any such reference proceeding shall be in the state or federal court in the County or District where venue is appropriate under applicable law (the "Court").  The parties shall select a single neutral referee, who shall be a retired state or federal judge.  If the parties cannot agree upon a referee within 15 days, the Court shall appoint the referee.  The referee shall report a statement of decision to the Court.  Notwithstanding the foregoing, nothing in this paragraph shall limit the right of Agent or Lenders to exercise self-help remedies, foreclose against collateral or obtain provisional remedies (including without limitation, requests for temporary restraining orders, preliminary injunctions, writs of possession, writs of attachment, appointment of a receiver, or any orders that a court may issue to preserve the status quo, to prevent irreparable injury or to allow a party to enforce its liens and security interests).  The parties shall bear the fees and expenses of the referee equally unless the referee orders otherwise.  The referee also shall determine all issues relating to the applicability, interpretation, and enforceability of this Section.  The parties acknowledge that any Cause of Action determined by reference pursuant to this Section 12(k) shall not be adjudicated by a jury.

(Signature Page Follows)

 

IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment as of the date first above set forth.
LASALLE BUSINESS CREDIT, LLC, 

as a Lender and as Agent

By:/s/ Gregory A. Jones              

Name:Gregory A. Jones   

Title:Senior Vice President     

IMPCO TECHNOLOGIES, INC.,

as Borrower

By:/s/ Thomas M. Costales

Name:Thomas M. Costales

Title:Chief Financial Officer

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