Document:

Prepared and filed by St Ives Burrups

	 	Documentation Risk Department
	 	Wholesale & International
	 	Lloyds
    TSB Bank plc	Direct
    Line:	020
    7775 2065
	 	11/15
    Monument Street	Switchboard:	020
    7775 2000
	 	London	Facsimile:	020
    7775 2114
	 	EC3R 8JU	 	 
	 	 	Reference:	D/JCRO/JEUL4339
	 	 	 	 
	The Directors

	Trikon Technologies Limited

	Ringland Way,

	Newport,

	Gwent NP6 2TA	17th July 2003	 	 

 

Dear Sirs,

£5,000,000 REVOLVING LOAN FACILITY

We, Lloyds TSB Bank plc (the “Bank”) are pleased to offer the undermentioned facilities (the “Facilities”) amounting in aggregate to £5,000,000 (five million pounds sterling) to Trikon Technologies Limited (company registered number 1373344 and herein referred to as the “Borrower”) upon and subject to the terms and conditions of this letter;

	

(a)	
  a sterling revolving loan
    facility linked to the Bank’s Base Rate (the “sterling facility”); and

	 	 
	

(b)	
  an Optional Currency revolving
    loan facility linked to the Bank’s short term offered rate (the “currency facility”).

	 	 
	

 1	
Definitions

“Business Day” means a day other than a Saturday or a Sunday on which banks and foreign exchange markets are open for general business in London and (a) in relation to a transaction involving an Optional Currency other than the euro, a day on which banks and foreign exchange markets are open for general business in the principal financial centre (as determined by the Bank) of that Optional Currency, and (b) in the case of a transaction involving the euro, a day on which the Trans-European Automated Real-time Gross Settlement Express System (“TARGET”) is operating.

“Consolidated Net Worth” means at any particular time the aggregate of the amount paid up on the issued share capital of the Parent and the consolidated distributable and non-distributable reserves of the Parent and its Subsidiary Undertakings but (a) after deducting the total of any debit balance on profit and loss account and the book value of any intangible assets including but not limited to goodwill, and (b) excluding any minority interests in Subsidiary Undertakings and any increase in the valuation of assets subsequent to the date of the Financial Statement.

“Current Account” means the sterling current account of the Borrower with the Bank’s City Office Branch (numbered 300002 00573944) or any account opened with the Bank in replacement of or in substitution for such account.

“Equivalent Amount” means the sterling equivalent of the relevant amount of another currency, as conclusively determined by the Bank, (a) in the case of any amount owing hereunder or any amount payable to the Bank, on the basis of the rate at which the Bank would sell the relevant currency for sterling at that time, and (b) in the case of any credit balance or any amount payable by the Bank, on the basis of the rate at which the Bank would sell sterling for such other currency at the relevant time.

“Event of Default” means
    an event described in Clause 8.1 hereof or any circumstance which with the
giving of notice and/or the passing of time could become such an event.

“Expiry Date” means 30th June
2005.

2

“Facility Limit” means £5,000,000
      subject to any cancellation or other reduction thereof within the terms
    of this letter.

“Financial Statement” means
    at any particular time the then latest audited consolidated balance sheet
    and profit and loss account (each prepared on the same basis and in accordance
    with the same accounting principles as the latest such balance sheet and
    profit and loss account received by the Bank prior to the date of this letter)
    of the Parent and its Subsidiary Undertakings or, as the case may be, of
the Trikon Group Companies together with the notes to both.

“Net Debit Interest” means the aggregate of all interest charged in sterling and an amount equal to the Equivalent Amount of all interest charged in an Optional Currency under the Facility less the aggregate of all sterling credit interest and an amount equal to the Equivalent Amount of all credit interest in a currency other than sterling paid by the Bank to the Trikon Group Companies on any account with the Bank.

“Optional Currency” means any major currency, other than sterling, as agreed between the Bank and the Borrower.

“Parent” means Trikon Technologies Inc (company registered number 95-4054321)

“Subsidiary Undertaking” shall have the meaning ascribed to it in Section 258 of the Companies Act 1985.

“Total Outstandings” means at any particular time the aggregate of all drawings outstanding at such time under the sterling facility, and the total Equivalent Amount of all drawings outstanding at such time under the currency facility.

“Trikon Group Companies” means Trikon Holdings Limited and all companies which are now or in the future become Subsidiary Undertakings of Trikon Holdings Limited (including for the avoidance of doubt the Borrower).

Words denoting the singular number only shall include the plural and vice-versa.

	

2	
Amount & Availability
	 	 
	

2.1	
  Subject to the terms hereof
      the Facilities shall remain available until and may be drawn on any Business
      Day prior to the Expiry
  Date provided that at the time of drawing the currency of the drawing is, in
  the Bank’s opinion, readily available to the Bank in the amount of the
  drawing and that the Bank is able to determine the applicable rate of interest
  pursuant to the terms of this letter. No drawing may be effected on any particular
  day if the amount thereof would otherwise cause the Total Outstandings on that
  day to exceed the Facility Limit.

	 	 
	

 	If at any time the Bank shall determine
      that the Total Outstandings exceed the Facility Limit by more than 10% then
      the Borrower shall repay to the Bank on demand in one or more of the currencies
      (as the Bank shall specify) in which drawings are outstanding at such time
      an amount equal or equivalent to the amount by which the Facility Limit is
    exceeded.

	 	 
	

2.2	
  Each notice of drawing to be given pursuant to this
    letter hereof shall specify the amount and currency of the drawing and the account
    to which the proceeds are to be paid.

	 	 
	

 	The proceeds
    of each drawing shall be utilised by the Borrower for working capital purposes.

	

 	 
	

2.3	
  All moneys from time to time outstanding hereunder shall be repaid by the Borrower in the currency in which they are outstanding on or before the Expiry Date.

	 	 
	
3     	Terms of Operation
	 	 
	

3.1	
The sterling facility
	 	 
	

 	The Borrower
      may make drawings in sterling from time to time hereunder in minimum amounts
      of £100,000 subject to receipt by the Bank of notice from the Borrower by 10 a.m. on the date of drawing. Any drawing which has been outstanding for not less than 1 month may be repaid by the Borrower on any Business Day prior to the Expiry Date subject to receipt by the Bank of notice of such repayment prior to 10 a.m.
    on the date of repayment.

	 	 

  

  

  
  3

	
 	Interest
          will accrue from day to day on the cleared daily balance of drawings
          at a margin of 1.75%
          per annum above the Bank’s Base Rate from time to time and shall
          be paid quarterly in arrears (normally on the 10th of each of March,
          June, September and December or on the next Business Day) and additionally
        on the date of final repayment of the sterling facility.

	 	 
	

3.2	 The currency facility
	 	 
	

 	The Borrower

may
          make drawings in any Optional Currency from time to time hereunder
          in minimum
          amounts of £100,000 subject to receipt by the Bank of notice from
          the Borrower by 10 a.m. on the date of drawing. Any drawing which
          has been outstanding for not less than 1 month may be repaid by the Borrower
          on any Business Day prior to the Expiry Date subject to receipt by the
          Bank of notice of such repayment prior to 10 a.m. on the date
        of repayment

	 	 
	

 	Interest
          will accrue from day to day on the cleared daily balance of drawings
          at a margin of 1% per
          annum over the Bank’s short term offered rate from time to time
          and shall be paid in the currency of the drawing quarterly in arrears
          (normally on the last business day of each of February, May, August
          and November or on the next Business Day) additionally on the date
          of final
        repayment of the currency facility.

	 
	4	Additional Costs & Changes in Circumstances
	 	 
	

4.1	 If the application of or introduction of
          or any change in any applicable law, regulation, requirement, directive
          or request or any change in the interpretation thereof by any governmental,
          fiscal, monetary or other authority charged with the administration thereof
          or by any self-regulating organisation or court of competent jurisdiction
          (in any case whether or not having the force of law) shall subject the
          Bank or any holding company of the Bank to any tax, duty or other charge
          with respect hereto or change the basis of taxation on any amounts payable
          to the Bank hereunder (except in respect of tax on the overall net income
          of the Bank or any such holding company) or impose, modify or deem applicable
          requirements in respect of any liquid asset, special or other deposit
          or prudential or cash ratio or other requirements against, or the allocation
          by the Bank or any holding company of the Bank of capital in support
          of, any assets or liabilities or contingent liabilities of, deposits
          with or for the account of, or advances or commitments made by the Bank,
          and this shall increase the cost (to the Bank or any such holding company)
          of the Bank maintaining the Facilities or shall reduce the amount of
          principal or interest receivable by the Bank or shall otherwise reduce
          the return to the Bank hereunder by an amount which the Bank deems material,
          the Borrower shall pay to the Bank upon demand such additional amounts
        as are necessary to compensate for such increased cost or reduction.

	 	 
	

4.2	 If at any time the currency in which any
          amount outstanding or owing in connection with the Facilities is denominated
          is due to be or has been converted into the euro or into any other currency
          as a result of a change in law or by agreement between the Bank and the
        Borrower then:

	 	 

	 

	

(a)	 the Bank may in its sole discretion
          determine and shall give written notice to the Borrower of the currency
          or currency unit in which all or any amounts payable under or in connection
          with this letter shall be paid. After the expiry of 7 days from the date
          of such notice all such payments shall be made in such currency or currency
          unit and all references in this letter to currency shall mean and include
        reference to a currency unit; and

	 	 	 
	 

	

(b)	 the Bank
          may by giving not less than 21 days’ written notice to the Borrower
          change any of the terms applying to the Facilities but only to the
          extent that the
          Bank reasonably considers any such change necessary to take account
          of differences in market practice or to compensate for increases in
          costs
          to the Bank or to any holding company of the Bank arising from or related
          to such conversion or arising from or related to the introduction of
          or to the extension of monetary union within the European Union. Any
          such change shall amend the terms of this letter upon expiry of such
        period of notice.

	 	 	 

	

4.3	 All legal and other costs and expenses including
          any stamp and other duties and registration fees on a full indemnity
          basis and value added tax thereon reasonably incurred by the Bank in
          assessing the Facilities, in the preparation of this letter and of any
          amendment, waiver or consent letter at any time entered into, in the
          preparation, valuation, taking and release of any guarantee or security
          given in connection with this letter and in connection with the enforcement,
          administration and preservation of its rights under the Facilities shall
        be payable by the Borrower on demand.

	 	 

4

	

4.4	 On acceptance the Borrower
        shall pay to the Bank an arrangement fee of £15,000.

	 	 
	

5	 Conditions Precedent & Security
	 	 
	

5.1	 The obligations of the Bank hereunder shall
          not come into effect unless and until it has received in form and substance
        satisfactory to it:

	 	 

	 

	

(a)	 a copy of this letter duly
        signed on behalf of both the Parent and the Borrower;

	 	 	 
	 

	

(b)	 a certified copy of the board
          resolution of each of the Parent and the Borrower authorising acceptance
          of this letter and nominating the person(s) authorised to sign this letter
          on its behalf, and in the case of the Borrower the person(s) authorised
          to give notices of drawing and other communications required hereunder,
        together with their duly authenticated specimen signatures; and

	 	 	 
	 

	

(c)	 such evidence as the Bank shall
          require to confirm that the security already held by the Bank described
        in Clause 5.2 hereof is in full force and effect.

	 	 	 

	

5.2	 All amounts owing to the Bank under or pursuant
        to the Facilities shall at all times be secured by:

	 	 

	 

	

 (a)	 an omnibus guarantee and set
          off agreement dated 10th December 1999 among the Bank, the Borrower,
          Trikon Equipments Limited, E T Equipments Limited, E T Fabrications Limited,
          E T Electrotech Research Limited, Trikon Technologies (Israel) Limited,
    Vacuum Control Systems Limited and Trikon Holdings Limited;

	 	 	 
	

 	

(b)	 an unlimited debenture dated 10th December
    1999 from the Borrower,

	 	 	 
	 	(c)	an unlimited debenture dated
    10th December 1999 from Trikon Equipments Limited,

	 	 	 
	 	(d)	an unlimited debenture dated
    10th December 1999 from E T Equipments Limited,

	 	 	 
	 	(e)	an unlimited debenture dated
    10th December 1999 from E T Electrotech Research Limited,

	 	 	 
	 	

(f)	 an unlimited debenture dated
        10th December 1999 from Trikon Technologies (Israel) Limited, and

	 	 	 
	 	

(g)	 an unlimited debenture dated
        10th December 1999 from Trikon Holdings Limited,

	 	 
	

 	 together the “Security”.
	 	 
	 	The Security and all other security
          held by the Bank now or in the future shall be continuing security not
          only for the Facilities but also for all other moneys obligations and
          liabilities whether certain or contingent at any time due owing or incurred
        by the Borrower or the relevant guarantor to the Bank.

	 	 
	5.3	 The Borrower

undertakes to procure
          that promptly upon request from the Bank at any time any Trikon Group
          Company (including without limitation any company which becomes a Trikon
          Group Company subsequent to the date of this letter) which is not party
          to the omnibus guarantee and set off agreement referred to in Clause
          5.2 hereof or has not given a debenture to the Bank shall become party
          to the security arrangements of this letter by such means as the Bank
          shall determine. The Borrowershall promptly provide the Bank with
          such evidence as the Bank shall require to confirm that any accession
          to the guarantee and set off agreement and any debenture given pursuant
        to this clause is in full force and effect.

	 	 
	6	 Representations & Warranties
	 	 
	6.1	 Each of the Parent and the Borrower hereby
        represents and warrants to the Bank that:

	 	 

	 

	

(a)	 all action necessary to authorise
          its execution of this letter and the security documents required pursuant
          to the terms of this letter to which it is a party and its performance
          of its respective obligations hereunder and thereunder has been duly
          taken and neither such execution nor such performance will cause any
          limit or restriction on its borrowing or other powers, or on the right
          or ability of its directors (or any of them) to exercise such powers,
          to be exceeded or breached or will constitute or result in any breach
        of any agreement, law, requirement or regulation;

	 	 	 

5

	 	 

	

(b)	 no material litigation, administrative
          or judicial proceedings are presently pending or threatened against it
        or any of its Subsidiary Undertakings;

	 	 	 	 
	 	 	(c)	 there has been no material
          adverse change in the financial condition of it or any of the Trikon
          Group Companies since the date of the Financial Statement received by
        the Bank prior to the date of this letter; and

	 	 	 	 
	 	 	(d)	 no Event of Default has occurred
        and is continuing.
	 	 	 	 

	

6.2	 The Parent and the Borrower
          shall be deemed to repeat the representations and warranties set out
          in Clause 6.1 hereof on each day on which any amount remains owing to
          the Bank hereunder or for as long as the Bank is under any obligation
          to make the Facilities available in each case as if made at each such
        time with reference to the facts and circumstances then existing.

	 	 
	7	Undertakings of the Borrower and the
    Parent

For as long as the Bank is under any obligation to make the Facilities available or for as long as any moneys or liabilities are owing or incurred to the Bank hereunder:

	

7.1	
  the Parent shall not, and shall procure that none of the Trikon Group Companies shall, without the prior written consent of the Bank:

	 	 	 
	 

	

(a)	
  factor or otherwise assign or deal with any book or other debts or securities for money now and from time to time due or owing to it or any Trikon Group Company otherwise than by getting in and realising the same in the ordinary course of business as now conducted;

	 	 	 
	 

	

(b)	
  materially change the nature of its respective business as now conducted;

	 	 	 
	 

	

(c)	
  create or permit to subsist
      or arise any mortgage, charge, pledge or lien or any other security interest
      or encumbrance (other than a lien arising solely by operation of law in
      the ordinary course of business) over any of its or such Trikon Group Company’s
      present or future undertaking, property, revenue or assets (except as provided
    herein);

	 	 	 
	 

	

(d)	
  enter into or permit to subsist
      any transaction which, in legal terms, is not secured indebtedness but
      which in the Bank’s opinion acting reasonably has an economic or
      a financial or commercial effect similar to that of secured indebtedness;
    or

	 	 	 
	 

	

(e)	
  part with, sell, transfer,
      lease or otherwise dispose of (or attempt or agree to do any such thing)
      the whole or any material part of its or such Trikon Group Company’s undertaking, property, revenue or assets (either by a single transaction or a number of transactions whether related or not) other than for full value on an arm’s
      length basis (save that no such parting with, sale, transfer, lease or
      other disposal may be made or entered into if it would breach the terms
    of any security document given to the Bank); and

	 	 
	

7.2	
  the Parent shall at all times maintain the Consolidated Net Worth at not less than US$45,000,000:

	 	 
	

 	This covenant will be tested against each Financial Statement of the Parent provided to the Bank pursuant to Clause 7.4 of this letter; and

	 	 
	

7.3	
  the Borrower shall at all
    times ensure that for each quarter the Net Debit Interest is not more than £70,000.

	 	 
	

 	This covenant will be tested against each Financial Statement of the Trikon Group Companies provided to the Bank pursuant to Clause 7.4 of this letter; and

	 	 
	

7.4	
  the Parent shall supply to Lloyds TSB Corporate, Gresham Street:

	 	 

6

	 

	

(a)	
  as soon as practicable (and in any event within 150 days after the close of each of its financial years) copies of its Financial Statement and the Financial Statement of the Trikon Group Companies for that financial year;

	 	 	 
	 

	

(b)	
  as soon as practicable (and in any event within 90 days of the end of each of its financial quarters) copies of the quarterly report on form 10Q (to include the consolidated financial statements of the Parent) for the Parent and its Subsidiary Undertakings for that quarter, such accounts to be in form, substance and content acceptable to the Bank and to be certified by the Chief Executive and Chief Financial Officer of the Parent; and

	 	 	 
	 

	

(c)	
  promptly on request, such other information regarding the financial condition or the business of the Parent or any of its Subsidiary Undertakings as the Bank may reasonably require; and

	 	 
	

7.5	
  each of the Parent and the Borrower shall immediately upon becoming aware of the same give the Bank notice of the occurrence of any Event of Default.

	 	 
	

8	
Events of Default
	 	 
	

8.1	
In the event that:
	 	 

	 

	

(a)	
  the Borrower fails to pay any sum due hereunder on its due date;

	 	 	 
	 

	

(b)	
  the Borrower defaults in the due performance or observance of any obligation accepted or undertaking given by it to the Bank or any representation warranty or statement made or deemed made by the Borrower herein or pursuant hereto proves to be incorrect or misleading;

	 	 	 
	 

	

(c)	
  any other indebtedness of the Borrower becomes due or capable of being declared due prior to the stated due date for payment thereof or the Borrower defaults in the payment when due of any indebtedness or defaults in paying on the due date any sum payable by it under any guarantee, indemnity or similar undertaking given by it or steps are taken to enforce any security for any liability of the Borrower present or future;

	 	 	 
	 

	

(d)	
  an encumbrancer takes possession or a receiver or similar official is appointed of any of the assets or undertaking of the Borrower or a petition is presented for the making of an administration order or any judgment made against the Borrower is not paid out, stayed or discharged within 14 days;

	 	 	 
	 

	

(e)	
  proceedings are commenced or a petition is presented (and is not dismissed within 14 days) or an order is made or an effective resolution is passed for the winding up of the Borrower or the Borrower is or becomes insolvent or stops or threatens to stop payment of its debts generally or is deemed unable to pay such debts (whether within the meaning of Section 123 of the Insolvency Act 1986 or otherwise) or the directors of the Borrower become obliged to convene a meeting pursuant to Section 142 of the Companies Act 1985 or an application is made in connection with a proposal to creditors for a voluntary arrangement or the Borrower makes or seeks to make any arrangement or composition with its creditors (whether under Part I of the Insolvency Act 1986 or
  otherwise);

	 	 	 
	 

	

(f)	
  any guarantee, other security or other document or arrangement relied upon by the Bank in connection with the Facilities ceases to be continuing or ceases to remain in full force and effect or notice of discontinuance is received by the Bank or the Bank reasonably believes that the effectiveness of any such document or arrangement is in doubt or if any provision of such document or arrangement is not complied with for any reason whatsoever;

	 	 	 
	 

	

(g)	
  the Borrower ceases or threatens to cease to carry on its business in the normal course or fails to maintain or breaches any franchise, licence or right necessary to conduct its business or breaches any legislation relating to its business, including without limitation any applicable environmental protection laws;

	 	 	 
	 

	

(h)	
  the Borrower ceases to be
      a wholly owned Subsidiary Undertaking of the Parent or the persons who
      now have control of the Borrower cease to have control of the Borrower
      (“control” having the meaning ascribed to it in Section 840
      of the Income and Corporation Taxes Act 1988) or voting control of the
      Borrower is acquired by any person, or company or group of connected persons
      (as defined in Section 839 of the Income and Corporation Taxes Act 1988)
    not having control of the Borrower at the date hereof;

	 	 	 

7

	 

	

(i)	
  any of the above events mutatis mutandis occur or proceedings analogous or equivalent thereto arise in relation to any Subsidiary Undertaking of the Borrower or any guarantor of the Facilities; or

	 	 	 
	 

	

(j)	
  the Borrower fails or has failed to disclose to the Bank any important information that is relevant to the Facilities or to any security document or undertakes or is subject to any action or occurrence which in the opinion of the Bank causes the payment of any amount owing hereunder to be at risk,

	 	 	 

	 

	then the Bank shall have the right at any time or times thereafter to declare its commitments hereunder cancelled and/or all amounts then outstanding hereunder payable on demand, whereupon such commitments shall be so cancelled and/or such outstandings shall be so payable, and/or to declare the Facilities immediately due and payable, whereupon the Borrower shall pay to the Bank the total principal amount outstanding hereunder in the currency(ies) in which it is outstanding together with accrued interest thereon and any other amounts payable hereunder.

	 	 
	

8.2	
  The Bank shall have the right
      at the time of making such demand or at any time thereafter to convert
      all amounts then due and payable hereunder in an Optional Currency into
      sterling at the Bank’s spot selling rate for such Optional Currency
    against sterling at that time.

	 	 
	

8.3	
  If any amount is not paid
      when due hereunder (including under this clause) the Borrower shall pay
      to the Bank on demand interest on such sum (whether before or after judgment)
      at 2.75% per annum above either the Bank’s Base Rate from time to
      time, or, if the Bank shall so determine, the cost to the Bank as certified
      by the Bank of funding such sum on the London interbank market for such
      period or consecutive periods as the Bank in its sole discretion may select,
      in either respect, running from the date of such default to the date of
      receipt of such sum in full by the Bank. Interest, if unpaid, shall be
    added to the sum in default at 3 monthly intervals.

	 	 
	

9	
Indemnities
	 	 
	

9.1	
  The Borrower

shall indemnify
      the Bank, without prejudice to any of the Bank’s other rights hereunder,
      against any loss or expense as certified by the Bank including legal expenses
      on a full indemnity basis and loss of profit which the Bank may incur or
      sustain as a consequence of the occurrence of any Event of Default or any
      failure by the Borrower to pay any sum demanded by the Bank as a result
      thereof, or any amount payable to the Bank hereunder in one currency being
      converted into another currency, whether pursuant to any judgment or order
    or otherwise.

	 	 
	

10	
Notices
	 	 
	

10.1	
  All communications from the
      Borrower in respect of the Facilities shall be irrevocable and shall, unless
      otherwise specified in this letter, be sent by letter to the Bank’s
      City Office Branch or to such address as the Bank may notify in writing
    to the Borrower from time to time.

	 	 
	

10.2	
  Any notice or demand to be given by the Bank shall be given in writing and without prejudice to any other effective mode of service shall be deemed to have been sufficiently served if sent to the Borrower at the address given above or to its registered office for the time being.

	 	 
	

11	
Payments
	 	 
	

11.1	
  All payments due from the Borrower hereunder shall be made without any set-off, deduction or withholding of any nature whatsoever.

	 	 
	

11.2	
  The Borrower

hereby
      authorises the Bank to debit the Current Account with the amount of all
      sterling payments due to the Bank from time to time under the terms of
      this letter and undertakes to ensure that there will be sufficient cleared
      funds available on that account or sufficient availability under the Facilities
      by 12 noon on any relevant date to cover all such payments falling
    due on that date.

	

 	 

8

	

11.3	
  Each sum due from the Borrower hereunder in a currency other than sterling shall be paid in freely transferable and immediately available same day funds to such bank account in the relevant financial centre as the Bank shall from time to time require by such hour local time as may be necessary to ensure payment for value the due date.

	 	 
	

12	
Assignment
	 	 
	

12.1	
  This letter shall be binding upon and shall inure only to the benefit of the Bank and the Borrower and their respective successors and assigns, provided that the Borrower shall not assign any of its rights or transfer any of its obligations hereunder without the prior written consent of the Bank. For the avoidance of doubt, the Bank and the Borrower do not intend that any of the terms of this letter should otherwise be enforceable, by virtue of the Contracts (Rights of Third Parties) Act 1999, by any person who is not a party to this letter.

	

 	 
	

12.2	
  The Borrower agrees that the Bank may at any time or times transfer the Facilities to any other office of the Bank or assign and/or transfer all or any part of its rights and/or obligations hereunder or grant any participation in any such rights and/or obligations to any other member of the Lloyds TSB group and/or to any other bank or financial institution without any further consent from the Borrower provided that:

	 	 

	 

	

(a)	
  no transfer of the Bank’s obligations shall be effective until such time as the transferee shall have delivered to the Borrower an undertaking to be bound by the terms of this letter as if named as the lender hereunder (following receipt of which the Borrower shall only look to the transferee in respect of that portion of the Bank’s
    obligations assumed by the transferee); and

	 	 	 
	 

	

(b)	
  unless to another member of the Lloyds TSB group, no transfer of obligations may be made without the prior written consent of the Borrower, such consent not to be unreasonably withheld or delayed.

	 	 
	

12.3	
  Members of the Lloyds TSB group may disclose any information about the Parent or the Trikon Group Companies among themselves, to their auditors for the time being, to any potential assignee or transferee of the Facilities (or any part thereof), and to any other bank or financial institution with which the Bank is proposing to enter into, or has entered into, any agreement pursuant to this clause. Information may not be transferred further or otherwise (including for marketing purposes) without the prior written consent of the Parent or, as the case may be, of the Borrower unless such information is in the public domain or unless the Bank is required by law so to do.

	 	 
	13	Miscellaneous
	 	 
	

13.1	
  If at any time the Bank delays exercising any of the rights it has under this letter or exercises only part of those rights, it will still have the right to exercise all or any other rights at any later time.

	 	 
	

13.2	
  Without prejudice to the Bank’s
      rights under any set off arrangements the Bank may at any time whether
      before or after any demand hereunder for payment without notice to the
      Borrower apply any moneys standing to the credit of the Borrower on any
      account and whether subject to notice or not and whether denominated in
      sterling or in any other currency in or towards satisfaction of any liabilities
    of the Borrower under this letter.

	 	 
	

13.3	
  If the due date for any payment would otherwise fall on a non-Business Day, the effective date shall be the next succeeding Business Day.

	 	 
	

13.4	
  All calculations in respect of interest due to the Bank under the Facilities shall be on the basis of the actual number of days elapsed and a 365 day year or a 360 day year (as in the opinion of the Bank is market practice for the calculation of interest in the relevant currency).

	

 	 
	

13.5	
  In this letter reference to
      (a) any statutory provision shall be deemed to mean and to include a reference
      to any modification or re-enactment thereof for the time being in force,
      and (b) the Bank’s Base Rate shall mean and include any rate replacing
    that rate from time to time.

	 	 
	13.6	This letter shall
        be governed by and construed in accordance with the laws of England and
      Wales.

	

 	 

9

	14	Period
    of Offer
	 	 
	

14.1	
  The offer of the Facilities is open for acceptance by returning the attached duplicate of this letter with the acknowledgement duly signed by authorised officers of both the Parent and of the Borrower to be received by Lloyds TSB Corporate, Gresham Street not later than one month hence failing which the offer will lapse.

Yours faithfully,

For and on behalf of Lloyds TSB Bank plc

/s/ Colin D. Martin

Colin D Martin

  Senior Manager

 

We hereby acknowledge and accept the terms of your offer dated 17th July 2003 of which this is a duplicate and agree all the terms and conditions therein contained. We also acknowledge that your offer contains all the terms currently applicable to the Facilities and that no representation, warranty or undertaking has been made by you or on your behalf in connection with the Facilities which is not expressly set out in your offer and, in deciding to accept your offer, you have no duty to give us advice and we have not relied on any advice given by you or on your behalf.

Signed for and on behalf of Trikon
Technologies Limited

	 	 
	                 
	 /s/
    W.J. Chappell                        (signature)        	                   /s/
    A.N. Wheeler                        (signature)
	*Director/Authorised Signatory/	*Director/Authorised Signatory/Secretary/
	 	 
	                   W.J.
        Chappell                       .
    (name)	                   A.N.
          Wheeler                       .
    (name)
	 	 
	Pursuant to a Resolution of the
    Board dated       8 July       2003
	 
	Date      22
          July      
    2003

 

10

We hereby acknowledge and accept the terms of your offer dated 17th July 2003 of which this is a duplicate and agree all the terms and conditions therein contained.

Signed for and on behalf of Trikon Technologies Inc

	 	 
	                   /s/
          A.N. Wheeler                        (signature) 	                   /s/
          W.J. Chappell                        (signature)
	*Director/Authorised Signatory/	*Director/Authorised Signatory/Secretary/
	 	 
	                   A.N.
          Wheeler                       
          (name)	                  W.J.
          Chappell                       
          (name)
	 	 
	Pursuant to a Resolution of the
        Board dated        July  8,     2003
	 
	Date       July  22,     2003EXHIBIT 4.1

THE  SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED ("1933 ACT"), OR ANY STATE SECURITIES LAWS AND SHALL NOT
BE  SOLD,  PLEDGED,  HYPOTHECATED, DONATED, OR OTHERWISE TRANSFERRED, WHETHER OR
NOT  FOR CONSIDERATION, BY THE HOLDER EXCEPT UPON THE ISSUANCE TO THE COMPANY OF
A  FAVORABLE  OPINION  OF  ITS  COUNSEL OR THE SUBMISSION TO THE COMPANY OF SUCH
OTHER  EVIDENCE  AS  MAY  BE  SATISFACTORY TO COUNSEL FOR THE COMPANY, IN EITHER
CASE, TO THE EFFECT THAT ANY SUCH TRANSFER SHALL NOT BE IN VIOLATION OF THE 1933
ACT  AND  APPLICABLE  STATE  SECURITIES  LAWS.

                              GREENLAND CORPORATION

                          COMMON STOCK PURCHASE WARRANT

                                   To Purchase
                                10,000,000 SHARES
                                  Common Stock

                This Common Stock Purchase Warrant is issued to:

                                   Peter Benz
                                   25 Longview
                             Hillsborough, CA 944010

by  GREENLAND  CORPORATION,  a  Nevada  corporation  (hereinafter  called  the
"Company",  which  term  shall  include  its  successors  and  assigns).

     FOR  VALUE RECEIVED and subject to the terms and conditions hereinafter set
out, the registered holder of this Warrant as set forth on the books and records
of  the  Company  (the  "Holder")  is entitled upon surrender of this Warrant to
purchase  from  the  Company  10,000,000 fully paid and non-assessable shares of
Common  Stock,  $.001  par value per share (the "Common Stock"), at the Exercise
Price  (as  defined  below)  per  share.

This  Warrant  shall  expire  at  the  close  of  business  on  July  1,  2004.

1.     (a)     The  right to purchase shares of Common Stock represented by this
Warrant may be exercised by the Holder, in whole or in part, by the surrender of
     this Warrant (properly endorsed if required) at the principal office of the
Company  at  3450  Hillview  Avenue,  Palo Alto, California 94304 (or such other
office  or agency of the Company as it may designate by notice in writing to the
Holder  at the address of the Holder appearing on the books of the Company), and
upon payment to the Company, by cash or by certified check or bank draft, of the
Exercise  Price  for  such  shares. The Company agrees that the shares of Common
Stock  so  purchased  shall  be  deemed to be issued to the Holder as the record
owner  of such shares of Common Stock as of the close of business on the date on
which  this Warrant shall have been surrendered and payment made for such shares
of  Common  Stock  as  aforesaid. Certificates for the shares of Common Stock so
purchased  (together  with a cash adjustment in lieu of any fraction of a share)
shall  be  delivered  to the Holder within a reasonable time, not exceeding five
(5)  business days, after the rights represented by this Warrant shall have been
so  exercised,  and, unless this Warrant has expired, a new Warrant representing
the number of shares of Common Stock, if any, with respect to which this Warrant
shall  not  then  have been exercised, in all other respects identical with this
Warrant,  shall also be issued and delivered to the Holder within such time, or,
at  the  request of the Holder, appropriate notation may be made on this Warrant
and  the  same  returned  to  the  Holder.

(b)     This  Warrant  may  be  exercised  to  acquire,  from and after the date
hereof,  the number of shares of Common Stock set forth on the first page hereof
(subject to adjustments described in this Warrant); provided, however, the right
     hereunder to purchase such shares of Common Stock shall expire at 5:00 p.m.
Palo  Alto,  California  time  on  July  1,  2004.

2.     This  Warrant is being issued by the Company pursuant to the terms of the
Consulting  Agreement  dated  July  1,  2003.

3.     The  Company  covenants  and  agrees  that all Common Stock upon issuance
against  payment  in  full  of the Exercise Price by the Holder pursuant to this
Warrant  will be validly issued, fully paid and non-assessable and free from all
taxes, liens and charges with respect to the issue thereof (except to the extent
     resulting  from  the Holder's own circumstances, actions or omissions). The
Company  covenants  and  agrees  that  during the period within which the rights
represented by this Warrant may be exercised, the Company will have at all times
authorized,  and  reserved for the purpose of issue or transfer upon exercise of
the  rights  evidenced  by this Warrant, a sufficient number of shares of Common
Stock to provide for the exercise of the rights represented by this Warrant, and
will  procure  at  its  sole  expense  upon  each such reservation of shares the
listing  thereof  (subject  to  issuance  or  notice  of  issuance) on all stock
exchanges  on  which  the  Common  Stock  is then listed or inter-dealer trading
systems on which the Common Stock is then traded. The Company will take all such
action  as may be necessary to assure that such shares of Common Stock may be so
issued  without  violation  of  any  applicable  law  or  regulation,  or of any
requirements of any national securities exchange upon which the Common Stock may
be  listed  or  inter-dealer  trading  system  on which the Common Stock is then
traded.  The  Company  will  not  take  any  action  which  would  result in any
adjustment  in the number of shares of Common Stock purchasable hereunder if the
total  number  of  shares of Common Stock issuable pursuant to the terms of this
Warrant  after such action upon full exercise of this Warrant and, together with
all  shares of Common Stock then outstanding and all shares of Common Stock then
issuable  upon  exercise  of  all options and other rights to purchase shares of
Common Stock then outstanding, would exceed the total number of shares of Common
Stock  then  authorized  by  the  Company's  Restated  and  Amended  Articles of
Incorporation,  as  then  amended.

4.     The  Initial Exercise Price is $.0125 per share of Common Stock ("Initial
Exercise  Price").  The Initial Exercise Price shall be adjusted as provided for
below  in  this  Section 4 (the Initial Exercise Price, and the Initial Exercise
Price,  as  thereafter  then  adjusted,  shall  be  referred to as the "Exercise
Price")  and  the  Exercise Price from time to time shall be further adjusted as
provided  for  below  in  this  Section  4. Upon each adjustment of the Exercise
Price,  the Holder shall thereafter be entitled to receive upon exercise of this
Warrant,  at  the  Exercise  Price resulting from such adjustment, the number of
shares  of Common Stock obtained by (i) multiplying the Exercise Price in effect
immediately  prior  to  such  adjustment by the number of shares of Common Stock
purchasable  hereunder  immediately  prior to such adjustment, and (ii) dividing
the  product  thereof  by the Exercise Price resulting from such adjustment. The
Exercise  Price  shall  be  adjusted  as  follows:

(i)     In  the case of any amendment to the Company's Articles of Incorporation
to  change  the  designation  of  the  Common  Stock  or the rights, privileges,
restrictions  or  conditions  in  respect to the Common Stock or division of the
Common Stock, this Warrant shall be adjusted so as to provide that upon exercise
     thereof,  the  Holder  shall receive, in lieu of each share of Common Stock
theretofore  issuable  upon  such exercise, the kind and amount of shares, other
securities,  money  and  property  receivable  upon  such designation, change or
division  by  the  Holder  issuable upon such exercise had the exercise occurred
immediately prior to such designation, change or division. This Warrant shall be
deemed  thereafter  to  provide  for  adjustments,  which  shall  be  as  nearly
equivalent as may be practicable to the adjustments provided for in this Section
4.  The  provisions  of  this  Subsection 4(i) shall apply in the same manner to
successive  reclassifications,  changes,  consolidations  and  mergers.

(ii)     If  the  Company  shall at any time subdivide its outstanding shares of
Common  Stock  into  a  greater  number  of shares of Common Stock, or declare a
dividend  or make any other distribution upon the Common Stock payable in shares
of  Common  Stock,  the  Exercise  Price  in  effect  immediately  prior to such
subdivision  or dividend or other distribution shall be proportionately reduced,
and conversely, in case the outstanding shares of Common Stock shall be combined
     into  a  smaller  number  of  shares of Common Stock, the Exercise Price in
effect immediately prior to such combination shall be proportionately increased.

(iii)     If any capital reorganization or reclassification of the capital stock
     of  the Company, or any consolidation or merger of the Company with or into
another  corporation or other entity, or the sale of all or substantially all of
the Company's assets to another corporation or other entity shall be effected in
such  a  way that holders of shares of Common Stock shall be entitled to receive
stock,  securities, other evidence of equity ownership or assets with respect to
or  in  exchange  for  shares  of  Common  Stock,  then,  as a condition of such
reorganization,  reclassification,  consolidation,  merger  or  sale  (except as
otherwise  provided  below  in  this  Section 4), lawful and adequate provisions
shall be made whereby the Holder shall thereafter have the right to receive upon
the  exercise  hereof upon the basis and upon the terms and conditions specified
herein,  such shares of stock, securities, other evidence of equity ownership or
assets  as  may be issued or payable with respect to or in exchange for a number
of  outstanding  shares  of  such  Common Stock equal to the number of shares of
Common  Stock  immediately  theretofore  purchasable  and  receivable  upon  the
exercise  of  this  Warrant  under  this  Section  4  had  such  reorganization,
reclassification, consolidation, merger or sale not taken place, and in any such
case  appropriate  provisions  shall  be  made  with  respect  to the rights and
interests  of  the  Holder  to  the  end  that the provisions hereof (including,
without  limitation, provisions for adjustments of the Exercise Price and of the
number  of  shares of Common Stock receivable upon the exercise of this Warrant)
shall  thereafter  be applicable, as nearly as may be, in relation to any shares
of  stock,  securities,  other evidence of equity ownership or assets thereafter
deliverable  upon  the  exercise  hereof  (including an immediate adjustment, by
reason  of  such consolidation or merger, of the Exercise Price to the value for
the  Common  Stock reflected by the terms of such consolidation or merger if the
value  so  reflected is less than the Exercise Price in effect immediately prior
to  such  consolidation or merger). Subject to the terms of this Warrant, in the
event  of  a  merger  or  consolidation  of  the  Company  with  or into another
corporation  or other entity as a result of which the number of shares of common
stock of the surviving corporation or other entity issuable to holders of Common
Stock,  is  greater  or  lesser  than  the  number  of  shares  of  Common Stock
outstanding immediately prior to such merger or consolidation, then the Exercise
Price  in  effect  immediately  prior  to  such merger or consolidation shall be
adjusted in the same manner as though there were a subdivision or combination of
the  outstanding  shares  of Common Stock. The Company shall not effect any such
consolidation,  merger  or  sale, unless, prior to the consummation thereof, the
successor  corporation  (if  other  than  the  Company)  resulting  from  such
consolidation  or  merger or the corporation purchasing such assets shall assume
by  written  instrument  executed  and  mailed  or  delivered to the Holder, the
obligation  to  deliver  to  the  Holder such shares of stock, securities, other
evidence  of  equity  ownership  or  assets as, in accordance with the foregoing
provisions,  the  Holder  may  be entitled to receive or otherwise acquire. If a
purchase,  tender  or  exchange  offer is made to and accepted by the holders of
more  than  fifty  (50%)  percent of the outstanding shares of Common Stock, the
Company  shall  not  effect  any  consolidation,  merger or sale with the person
having made such offer or with any affiliate of such person, unless prior to the
consummation  of  such  consolidation, merger or sale the Holder of this Warrant
shall have been given a reasonable opportunity to then elect to receive upon the
exercise  of  this  Warrant  the  amount of stock, securities, other evidence of
equity ownership or assets then issuable with respect to the number of shares of
Common  Stock  in  accordance  with  such  offer.

(iv)     In  case  the  Company  shall,  at  any  time prior to exercise of this
Warrant,  consolidate or merge with any other corporation or other entity (where
the Company is not the surviving entity) or transfer all or substantially all of
     its  assets  to  any  other  corporation  or other entity, then the Company
shall,  as  a condition precedent to such transaction, cause effective provision
to  be made so that the Holder of this Warrant upon the exercise of this Warrant
after  the  effective  date of such transaction shall be entitled to receive the
kind  and amount of shares, evidences of indebtedness and/or other securities or
property  receivable  on such transaction by a holder of the number of shares of
Common  Stock as to which this Warrant was exercisable immediately prior to such
transaction  (without giving effect to any restriction upon such exercise); and,
in any such case, appropriate provision shall be made with respect to the rights
and  interest  of  the  Holder of this Warrant to the end that the provisions of
this  Warrant  shall  thereafter be applicable (as nearly as may be practicable)
with  respect  to  any  shares, evidences of indebtedness or other securities or
assets thereafter deliverable upon exercise of this Warrant. Upon the occurrence
of  any  event described in this Section 4(iv), the holder of this Warrant shall
have  the  right to (i) exercise this Warrant immediately prior to such event at
an  Exercise  Price  equal  to  lesser of (1) the then Exercise Price or (2) the
price  per share of Common Stock paid in such event, or (ii) retain ownership of
this  Warrant,  in which event, appropriate provisions shall be made so that the
Warrant  shall  be  exercisable  at  the  Holder's  option into shares of stock,
securities  or  other  equity  ownership  of  the surviving or acquiring entity.

          Whenever the Exercise Price shall be adjusted pursuant to this Section
4,  the  Company  shall  issue  a  certificate  signed  by its President or Vice
President  and  by  its  Treasurer,  Assistant Treasurer, Secretary or Assistant
Secretary,  setting  forth,  in  reasonable  detail,  the  event  requiring  the
adjustment,  the  amount  of the adjustment, the method by which such adjustment
was  calculated  (including  a  description  of  the basis on which the Board of
Directors  of  the  Company  made any determination hereunder), and the Exercise
Price  after  giving  effect  to such adjustment, and shall cause copies of such
certificates  to  be mailed (by first-class mail, postage prepaid) to the Holder
of  this  Warrant.  The  Company  shall make such certificate and mail it to the
Holder  promptly  after  each  adjustment.

     No fractional shares of Common Stock shall be issued in connection with any
exercise  of  this  Warrant,  but in lieu of such fractional shares, the Company
shall  make  a  cash  payment  therefore  equal  in amount to the product of the
applicable  fraction  multiplied  by  the  Exercise  Price  then  in  effect.

5.     In  the  event  the  Company  grants  rights  (other  than rights granted
pursuant  to  a  shareholder  rights or poison pill plan) to all shareholders to
purchase  Common Stock, the Holder shall have the same rights as if this Warrant
had  been  exercised  immediately  prior  to  such  grant.

6.     The  shares  of  Common  Stock issuable upon the exercise of this Warrant
shall  be  registered by the Company pursuant to a Form S-8 to be filed with the
Securities  and  Exchange  Commission  on  or  prior  to  July  31,  2003.

7.     This  Warrant  need  not be changed because of any change in the Exercise
Price  or  in  the  number  of  shares  of  Common  Stock  purchased  hereunder.

8.     The  terms  defined  in  this  paragraph,  whenever used in this Warrant,
shall,  unless  the  context  otherwise  requires,  have the respective meanings
hereinafter  specified.  The  term  "Common  Stock"  shall  mean and include the
Company's Common Stock, $.001 par value per share, authorized on the date of the
     original  issue  of  this  Warrant  and  shall  also include in case of any
reorganization, reclassification, consolidation, merger or sale of assets of the
character  referred  to  in  Section  4  hereof, the stock, securities or assets
provided  for  in  such  paragraph.  The  term  "Company" shall also include any
successor  corporation  to  Amnis  Systems  Inc.  by  merger,  consolidation  or
otherwise. The term "outstanding" when used with reference to Common Stock shall
mean  at  any date as of which the number of shares thereof is to be determined,
all  issued  shares  of Common Stock, except shares then owned or held by or for
the account of the Company. The term "1933 Act" shall mean the Securities Act of
1933,  as  amended,  or  any  successor  Federal  statute,  and  the  rules  and
regulations  of  the  Securities  and  Exchange Commission, or any other Federal
agency then administering the 1933 Act, there under, all as the same shall be in
effect  at  the  time.

9.     This  Warrant is exchangeable, upon the surrender hereby by the Holder at
the office or agency of the Company, for new Warrants of like tenor representing
     in  the  aggregate  the  right  to subscribe for and purchase the number of
shares of Common Stock which may be subscribed for and purchased hereunder, each
of  such  new Warrants to represent the right to subscribe for and purchase such
number  of  shares  of  Common Stock as shall be designated by the Holder at the
time  of such surrender. Upon receipt of evidence satisfactory to the Company of
the  loss,  theft,  destruction  or  mutilation  of this Warrant or any such new
Warrants and, in the case of any such loss, theft, or destruction, upon delivery
of  a bond of indemnity, reasonably satisfactory to the Company, or, in the case
of  any  such mutilation, upon surrender or cancellation of this Warrant or such
new  Warrants, the Company will issue to the Holder a new Warrant of like tenor,
in  lieu  of  this  Warrant  or  such  new  Warrants,  representing the right to
subscribe  for  and  purchase  the number of shares of Common Stock which may be
subscribed  for  and  purchased  hereunder.

10.     The  Company  will  at  no  time  close  its  transfer books against the
transfer  of  this  Warrant  or of any shares of Common Stock issued or issuable
upon the exercise of this Warrant in any manner which interferes with the timely
     exercise  of this Warrant. This Warrant shall not entitle the Holder to any
voting  rights  or  any  rights  as a shareholder of the Company. The rights and
obligations of the Company, of the Holder, and of any holder of shares of Common
Stock  issuable  hereunder,  shall  survive  the  exercise  of  this  Warrant.

11.     This  Warrant  sets  forth  the  entire agreement of the Company and the
Holder  of  the  Common  Stock  issuable  upon the exercise of this Warrant with
respect  to  the  rights  of  the  Holder and the Common Stock issuable upon the
exercise  of  this  Warrant, notwithstanding the knowledge of such Holder of any
other  agreement or the provisions of any agreement, whether or not known to the
Holder,  and  the  Company  represents that there are no agreements inconsistent
with  the  terms  hereof  or which purport in any way to bind the Holder of this
Warrant  or  the  Common  Stock.

12.     The validity, interpretation and performance of this Warrant and each of
     its  terms  and  provisions  shall  be governed by the laws of the State of
California.

     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its
duly  authorized officer under its corporate seal and dated as of July 22, 2003.

GREENLAND  CORPORATION

By:  _____________________
       Thomas  Beener
       Chief  Executive  Officer

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