Document:

April
2nd, 2018

 

Dear
Michael:

 

Congratulations!
This letter represents formal notification of your promotion to Interim Chief Financial Officer effective April 2, 2018.

 

The
annual salary for the position will be $190,000.00. If you accept, your new wages will be reflected in the next payroll cycle
April 15, 2018. All normal deductions such as federal, state, social security and Medicare will continue. If you wish to change
any exemptions claimed on your W-4, let me know and I will assist in the change.

 

You
will be eligible to receive 25% of your salary as an annual bonus. This bonus has been established by the Company’s Board
of Directors in its sole discretion, and the Company reserves the right to modify such bonus at any time earned.

 

This
letter and the corresponding Exhibit B AMENDED, along with the provisions of your original employment agreement that are not impacted
by the amendment, shall constitute your entire employment contract with the Company. The provisions of your employment contract,
including, but not limited to, its at-will employment provisions, may not be modified or amended except by a written agreement
signed by the Chief Executive Officer of the Company and you.

 

We
look forward to your favorable reply and continued success at the Company.

 

Again,
congratulations on the new position.

 

	 	Sincerely,
	 	
	 	Lynne
    Pratt
	 	Director
    Human Resources

 

Agreed
to and accepted:

	Signature:	 	 
	Printed
    Name:	Michael
    Marquez	 
	Date: _________________________	 

 

    	 

    	 

    

 

Exhibit
B 

 

Termination
by Employee

 

You
may terminate your employment with the Company at any time by providing the Company with at least thirty (30) days of notice in
writing. During the resignation notice period, you will be required to perform the duties set forth in this letter. Notwithstanding,
upon receipt of your resignation (other than with respect to a resignation within twelve (12) months of the occurrence of a Change
in Control as defined below), the Company may, in its sole and absolute discretion, terminate your employment before the date
the resignation was to be effective, and the Company will, in full satisfaction of its obligations to you: (a) continue to pay
your base salary in accordance with the Company’s payroll practices until the date the resignation was to be effective up
to a maximum of three (3) months, subject to the terms and conditions of Exhibit A of your offer letter; (b) reimburse the outstanding
expenses properly incurred by you until the date your employment ceases; and (c) pay you a pro-rated bonus in a lump sum calculated
as at the date your employment ceases as soon as administratively practicable after the termination by the Company, but in no
event will any such pro-rated bonus be paid after the later of: (i) the fifteenth (15th) day of the third (3rd) month after the
end of the Company’s fiscal year in which such bonus is earned, or (ii) March 15 following the calendar year in which such
bonus is earned.

 

Termination
by Company for Cause, Death or Disability

 

The
Company may terminate your employment at any time with Cause and without prior notice or any further obligations by the Company.
On the termination of your employment for cause or on your death or disability, the Company will, in full satisfaction of its
obligations to you: (a) pay your base salary and vacation pay accrued until the date your employment ceases; and (b) reimburse
the outstanding expenses properly incurred by you until the date your employment ceases. You will not be entitled to any other
payments (including severance or bonus) should you be terminated for Cause.

 

For
the purposes of this Exhibit, a termination for “Cause” occurs in the event you are terminated because:

 

	 	(1)	You
    breach your employment contract;
	 	 	 
	 	(2)	You commit an act
    of dishonesty, fraud, or misrepresentation, or other acts of moral turpitude, including acts that jeopardize the Company’s
    reputation or relationship with its employees, shareholders, clients, vendors or affiliates;
	 	 	 
	 	(3)	You violate your
    duty of loyalty to the Company;
	 	 	 
	 	(4)	You misappropriate
    or fail to protect the Company’s proprietary and or confidential information, or that of the Company’s clients,
    partners, or affiliates;
	 	 	 
	 	(5)	You are convicted
    of a felony;
	 	 	 
	 	(6)	You die or become
    disabled in a manner that prevents you from being able to perform the essential functions of your job with reasonable accommodation.

 

    	 

    	 

    

 

If
your termination occurs due to your death or disability, you will be entitled to a pro-rated bonus calculated as at the date your
employment ceases, which shall be paid in a lump sum as soon as administratively practicable after your death or disability, but
in no event will any such pro-rated bonus be paid after the later of: (i) the fifteenth (15th) day of the third (3rd) month after
the end of the Company’s fiscal year in which such bonus is earned, or (ii) March 15 following the calendar year in which
such bonus is earned.

 

Termination
by Company without Cause or Resignation on Change of Control

 

The
Company may terminate your employment at any time without cause on providing written notice, and if it does terminate you without
cause the Company will pay you the severance benefits outlined in subdivision (a) and (b) below. Also, you may resign due to a
Material Adverse Change in your terms and conditions of employment within twelve (12) months following the occurrence of a Change
in Control as defined below, on providing written notice within thirty (30) days of the events constituting a Material Adverse
Change and a cure period of not less than thirty (30) days for the Company to cure any such Material Adverse Change; provided,
however, that such resignation must occur within thirty (30) days following the end of such cure period. If the Company terminates
your employment without cause or if you resign within twelve (12) months of a Change in Control due to a Material Adverse Change
and after providing the required notice and cure period, then subject to the terms and conditions of Exhibit C, the Company
will, in full satisfaction of its obligations to you:

 

(a)
Pay a lump sum amount equal to: (i) one (1) times your annual base salary in effect at the time of the termination; plus (ii)
one (1) times the average of the bonus paid to you in the two (2) years preceding the year of termination; and

 

(b)
Reimburse you for the cost of group health benefit plan premiums for up to twelve (12) months from the date your employment ceases.
Such reimbursements shall be made concurrent with any obligation owed to you by the Company under the U.S. federal COBRA law to
the extent applicable. Notwithstanding the foregoing, if the Company determines in its sole discretion that it cannot provide
the foregoing COBRA premium reimbursements without potentially violating, or being subject to an excise tax under, applicable
law (including, without limitation, Section 2716 of the Public Health Service Act), the Company will in lieu thereof provide to
you a taxable monthly payment, payable on the last day of a given month (except as provided by the following sentence), in an
amount equal to the monthly COBRA premium that you would be required to pay to continue the group health coverage for you and/or
your eligible dependents in effect on the termination of employment date (which amount will be based on the premium for the first
month of COBRA coverage), which payments will be made regardless of whether you and/or your eligible dependents elect COBRA continuation
coverage and will commence on the month following your termination of employment and will end on the earlier of (x) the date upon
which you obtain other employment or (y) the date the Company has paid an amount equal to twelve (12) payments. Any such taxable
monthly payments that otherwise would have been paid to you within the sixty (60) days following your termination date instead
will be paid on the sixty-first (61st) day following your termination of employment, with any remaining payments paid
as provided in the prior sentence (subject to any delay as may be required by Appendix C). For the avoidance of doubt, the taxable
payments in lieu of COBRA reimbursements may be used for any purpose, including, but not limited to continuation coverage under
COBRA, and will be subject to all applicable tax withholdings.

 

    	 

    	 

    

 

As
set forth in Exhibit C to your employment contract, your receipt of any severance benefits under this Agreement or otherwise is
expressly conditioned upon your execution of a complete and general release of all claims that may be released as a mater of law.

 

Change
of Control and “Material Adverse Change”

 

“Change
of Control” means:

 

(a)
any transaction or series of transactions, whether by way of consolidation, amalgamation or merger of the Company, with or into
any other person, other than an affiliate of the Company as defined in the Ontario Business Corporations Act as amended (an “Affiliate”);

 

(b)
any transfer, conveyance, sale, lease, exchange or otherwise of all or substantially all of the assets of the Company, to any
other person, other than an Affiliate;

 

(c)
more than fifty percent (50%) of the directors of the Company in office (i) were not directors of the Company on the same day
in the immediately preceding calendar year and (ii) were not proposed by the directors of the Company existing prior to their
appointment or election;

 

(d)
the lawful acquisition, directly or indirectly and by any means whatsoever, by any person, or by a group of persons acting jointly
or in concert, of that number of voting shares of the Company, which is forty percent (40%) or more of the total voting shares
issued and outstanding immediately after such acquisition, unless another person or group of persons has previously lawfully acquired
and continues to hold a number of voting units which represents a greater percentage than the first-mentioned person or group
of persons; or

 

(e)
the directors of the Company by resolution deem that a Change in Control has occurred or is about to occur.

 

Consequences
of Termination

 

Upon
termination of your employment for any reason, the Company will pay your base salary and vacation pay accrued until the date your
employment ceases and reimburse your expenses properly incurred until the date your employment ceases. The termination of your
employment terminates any officer positions you may hold pursuant to this letter, and you agree to sign any documentation necessary
to give effect to this Exhibit B, or to give effect to any pro forma resolutions of the Company in respect of the period
prior to termination of your employment.

 

    	 

    	 

    

 

Exhibit
C

 

To
the extent any severance benefits will be made under this letter, they will be delayed as necessary pursuant to (A) the Release
requirement described below and (B) the provisions of Section 409A of the U.S. Internal Revenue Code of 1986, as amended (the
“Code”), and the final regulations and any guidance promulgated thereunder and any applicable state law equivalents
(“Section 409A”), each as outlined below.

 

Release
Requirement 

 

The
receipt of any severance pay and benefits under this letter is subject to you signing and not revoking a standard release of claims
with the Company (the “Release”) and provided that the Release becomes effective and irrevocable within sixty (60)
days following your termination of employment (such deadline, the “Release Deadline”). If the Release does not become
effective and irrevocable by the Release Deadline, you will forfeit any rights to severance benefits under this letter.

 

Severance
pay and benefits under this letter will commence or be paid, as applicable, on the sixtieth (60th) day following the date of your
termination of employment, or, if later, such time as required by the paragraphs below. Except as required by the paragraphs below,
any lump sum or installment payments that would have been made to you during the sixty (60) day period immediately following your
termination of employment but for the preceding sentence will be paid on the first payroll period following the sixtieth (60th)
day following your termination of employment and the remaining payments will be made as provided in this letter.

 

Section
409A

 

Notwithstanding
anything to the contrary in this letter, no severance benefits to be paid or provided to you, if any, pursuant to this letter
or otherwise that, when considered together with any other severance payments or separation benefits, are considered deferred
compensation under Section 409A (together, the “Deferred Payments”) will be paid or otherwise provided until you have
a “separation from service” within the meaning of Section 409A. Similarly, no severance payable to you, if any, pursuant
to this letter that otherwise would be exempt from Section 409A pursuant to U.S. Treasury Regulation Section 1.409A-1(b)(9) will
be payable until you have a “separation from service” within the meaning of Section 409A.

 

Notwithstanding
anything to the contrary in this letter or otherwise, if you are a “specified employee” within the meaning of Section
409A at the time of your termination (other than due to death), then the Deferred Payments, if any, that are payable within the
first six (6) months following your separation from service, will become payable on the first payroll date that occurs on or after
the date six (6) months and one (1) day following the date of your separation from service. All subsequent Deferred Payments,
if any, will be payable in accordance with the payment schedule applicable to each payment or benefit. Notwithstanding anything
herein to the contrary, if you die following your separation from service, but prior to the six (6) month anniversary of your
separation from service, then any payments delayed in accordance with this paragraph will be payable in a lump sum as soon as
administratively practicable after the date of your death and all other Deferred Payments will be payable in accordance with the
payment schedule applicable to each payment or benefit. Each payment, installment and benefit payable under this letter is intended
to constitute a separate payment for purposes of U.S. Treasury Regulation Section 1.409A-2(b)(2).

 

    	 

    	 

    

 

Any
amount paid under this letter that qualifies as a payment made as a result of an involuntary separation from service pursuant
to U.S. Treasury Regulation Section 1.409A-1(b)(9)(iii) that does not exceed the Section 409A Limit will not constitute a Deferred
Payment.

 

For
purposes of this letter, “Section 409A Limit” will mean one-half (50%) of the lesser of: (i) your annualized compensation
based upon the annual rate of pay paid to you during your taxable year preceding the taxable year of your separation from service
as determined under U.S. Treasury Regulation Section 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued
with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17)
of the Code for the year in which your separation from service occurs.

 

All
reimbursements and in-kind benefits under this letter that provide for a “deferral of compensation” within the meaning
of Section 409A (i) shall be made no later than the last day of the calendar year that immediately follows the calendar year in
which Employee incurred the expense; (ii) not be subject to liquidation or exchange for another benefit or payment; (iii) provided
to Employee in any calendar year shall not affect the expenses eligible for reimbursement or in-kind benefits to be provided in
any other calendar year; and (iv) except as specifically provided herein, any such reimbursements or in-kind benefits must be
for expenses incurred and benefits provided on or prior to termination (except that a plan providing medical or health benefits
may, to the extent permitted by Section 409A impose a generally applicable limit that may be reimbursed or paid). To the extent
applicable, reimbursements that provide for a “deferral of compensation” within the meaning of Section 409A are intended
to constitute compliant deferred compensation payable on a specified date or fixed schedule in accordance with the requirements
set forth under U.S. Treasury Regulation Section 1.409A-3(i)(1)(iv).

 

The
foregoing provisions are intended to be exempt from or comply with the requirements of Section 409A so that none of the severance
payments and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities
or ambiguous terms herein will be interpreted to be exempt or so comply. You and the Company agree to work together in good faith
to consider amendments to this letter agreement and to take such reasonable actions which are necessary, appropriate or desirable
to avoid imposition of any additional tax or income recognition prior to actual payment to you under Section 409A.EX-10.1

 EXHIBIT 10.1 

EXECUTION VERSION 
 AMENDMENT
NO. 2 
 This Amendment No. 2, dated as of March 21, 2018 (this “Amendment”), to that certain Credit
Agreement, dated as of April 27, 2015 (as amended by that certain Amendment No. 1, dated as of May 19, 2015, and as further amended, restated, amended and restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”), by and among Teradyne, Inc. (the “Borrower”), the banks and other financial institutions or entities from time to time party thereto as lenders (the “Lenders”), the Issuing
Lenders Party thereto, and Barclays Bank PLC, as administrative agent (in such capacity, the “Administrative Agent”) and collateral agent for the Lenders, is entered into by and among the Borrower, the subsidiaries of the Borrower
party hereto (such subsidiaries, together with the Borrower, the “Amendment Parties”), the Administrative Agent, each Issuing Lender and the Lenders party hereto (the “Consenting Lenders”). Capitalized terms used
herein but not defined herein are used as defined in the Credit Agreement. 
 W I T N
E S S E T H: 
 WHEREAS, the
Borrower, the Administrative Agent, the Issuing Lenders and the Lenders are party to the Credit Agreement; 
 WHEREAS, the
Borrower has requested that the Administrative Agent, the Issuing Lenders and the Lenders agree to amend certain provisions of the Credit Agreement as set forth herein; and 

WHEREAS, subject to the terms and conditions set forth in this Amendment, the Consenting Lenders (which constitute Required
Lenders) and each Issuing Lender are willing to make such amendment. 
 NOW, THEREFORE, in consideration of
the premises contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Amendment Parties, the Consenting Lenders and the Administrative Agent, intending to be legally bound
hereby, agree as follows: 
 SECTION 1. AMENDMENTS TO THE CREDIT AGREEMENT 

Effective as of the Second Amendment Effective Date (as defined in Section 2 below), the Credit Agreement is hereby amended as follows:

 (a) The following definitions shall hereby be inserted into Section 1.1 of the Credit Agreement in the correct alphabetical order:

 “Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the
applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. 

“Bail-In Legislation”: with respect to any EEA Member Country implementing Article 55
of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation
Schedule. 

 “EEA Financial Institution”: (a) any credit institution or investment firm
established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition,
or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. 

“EEA Member Country”: means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. 

“EEA Resolution Authority”: any public administrative authority or any person entrusted with public administrative authority
of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 
 “EU Bail-In Legislation Schedule”: the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

 “Write-Down and Conversion Powers”: with respect to any EEA Resolution Authority, the write-down and conversion powers
of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule. 
 (b) Section 1.1 of the Credit Agreement is amended to amend and restate
the definition of the term “Defaulting Lender” as follows: 
 “Defaulting Lender”: any Lender that (a) has
failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or Swingline Loans or (iii) pay over to any Credit
Party any other amount required to be paid by it hereunder, (b) has notified the Borrower or any Credit Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding
obligations under this Agreement or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after required by a Credit Party, acting in good faith, to provide a certification in writing
from an authorized officer of such Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and participations in then outstanding Letters of Credit and Swingline Loans under this
Agreement; provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party’s receipt of such certification in form and substance satisfactory to it and the Administrative Agent, or
(d) has become the subject of a Bankruptcy Event or Bail-in Action. 
 (c) Section 3.1(a) of the
Credit Agreement is hereby deleted in its entirety and replaced with the following: 
 “(a) Subject to the terms and conditions hereof,
the Issuing Lender, in reliance on the agreements of the other Lenders set forth in Section 3.4(a), agrees to issue letters of credit (collectively, “Letters of Credit”) for the account of the Borrower (or any Restricted
Subsidiary, provided the Borrower is liable hereunder in respect of any such Letter of Credit) on any Business Day during the Revolving Commitment Period in such form as may be provided or approved from time to time by the Issuing Lender;
provided that the Issuing Lender shall have no obligation to issue any Letter of Credit if, immediately after giving effect to such issuance, (i) the L/C Obligations would exceed the Total L/C Limit, (ii) the aggregate amount of the
Available Revolving Commitments would be less than zero, (iii) the L/C Exposure in respect of Letters of Credit issued by such Issuing Lender would exceed such Issuing Lender’s L/C Commitment or (iv) except as otherwise agreed by the
Administrative Agent and the 

  
 2 

 
Issuing Lender, such Letter of Credit is in an initial stated amount less than $10,000; provided, further, that Barclays shall have no obligation to issue any Letter of Credit that
is not a standby letter of credit. Each Letter of Credit shall be denominated in Dollars and expire no later than the earlier of the first anniversary of its date of issuance and five Business Days prior to the Revolving Termination Date, unless the
Issuing Lender otherwise agrees; provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods.
Notwithstanding anything to the contrary contained herein, each Letter of Credit with an expiry date beyond the date that is ten Business Days prior to the Revolving Termination Date shall, on or prior to such date, be cash collateralized or
supported by a back-to-back letter of credit reasonably acceptable to the applicable Issuing Lender (it being understood that, except in respect of drawing requests and
draws made prior to the Revolving Termination Date, each Lender’s participation in such Letter of Credit shall revert to such Issuing Lender on the Revolving Termination Date, and no Lender (other than the applicable Issuing Lender) shall be
entitled to any Letter of Credit fees pursuant to Section 3.3 on and after the Revolving Termination Date, except to the extent such fees have been accrued on account of such Lender in accordance with such Section and remain unpaid).” 

(d) Section 3.2(b) of the Credit Agreement is hereby deleted in its entirety and replaced with the following: 

“(b) If the Borrower so requests in any applicable Application, the Issuing Lender may, in its sole and absolute discretion, agree to
issue a Letter of Credit that has automatic renewal provisions (each, an “Auto-Renewal Letter of Credit”); provided that any such Auto-Renewal Letter of Credit shall permit the Issuing Lender to prevent any such renewal at
least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the “Nonrenewal Notice Date”) in each such twelve-month
period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the Issuing Lender, the Borrower shall not be required to make a specific request to the Issuing Lender for any such renewal. Once an Auto-Renewal
Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the Issuing Lender to permit the renewal of such Letter of Credit (it being understood that if the expiry date of such Letter of Credit is later
than the date that is ten Business Days prior to the Revolving Termination Date, such Letter of Credit shall be cash collateralized or supported by a back-to back letter of credit in accordance with the last
sentence of Section 3.1(a)); provided, however, that the Issuing Lender shall not (x) permit any such renewal if (A) the Issuing Lender has determined that it would not be permitted, or would have no obligation, at such
time to issue such Letter of Credit in its renewed form under the terms hereof or (B) it has received notice (which may be in writing or by telephone (if immediately confirmed in writing)) on or before the day that is twelve Business Days
before the Nonrenewal Notice Date from the Administrative Agent that the Required Lenders have elected not to permit such renewal or (y) be obligated to permit such renewal if it has received notice (which may be in writing or by telephone (if
immediately confirmed in writing)) on or before the day that is seven Business Days before the Nonrenewal Notice Date from the Administrative Agent, the Required Lenders or the Borrower that one or more of the applicable conditions set forth in
Section 5.2 is not then satisfied, and in each such case directing the Issuing Lender not to permit such renewal.” 

  
 3 

 (e) Section 10 of the Credit Agreement is amended by inserting a new Section 10.18 therein
immediately after Section 10.17 as follows: 
 “Section 10.18 Acknowledgement and Consent to Bail-In of EEA Financial Institutions. 
 Notwithstanding anything to the contrary in any Loan Document
or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be
subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

(a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may
be payable to it by any party hereto that is an EEA Financial Institution; and 
 (b) the effects of any
Bail-in Action on any such liability, including, if applicable: 
 (i) a reduction in full or in part
or cancellation of any such liability; 
 (ii) conversion of all, or a portion of, such liability into shares or other instruments of
ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights
with respect to any such liability under this Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability
in connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority.” 
 SECTION 2. CONDITIONS PRECEDENT

 This Amendment shall become effective as of the date (the “Second Amendment Effective Date”) on which the
Administrative Agent shall have received this Amendment, duly executed by the Amendment Parties, the Consenting Lenders constituting Required Lenders and each Issuing Lender. 

SECTION 3. REPRESENTATIONS AND WARRANTIES 

The Amendment Parties hereby confirm that each of the representations and warranties made by any Group Member in Section 4 of the Credit
Agreement or in any other Loan Document are true and correct in all material respects (provided that if any representation or warranty is by its terms qualified by materiality, such representation shall be true and correct in all respects) on
and as of the Second Amendment Effective Date, except to the extent that any such representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty shall be true and correct on and as of such
earlier date. 
 SECTION 4. MISCELLANEOUS 

4.1 Costs and Expenses. The Borrower agrees to reimburse the Administrative Agent for its costs and expenses in connection with
this Amendment (and any other Loan Documents delivered in connection herewith) as provided in Section 10.5 of the Credit Agreement. 

4.2 Reference to and Effect on the Loan Documents. 

(a) As of the Second Amendment Effective Date, each reference in the Credit Agreement to “this Agreement,”
“hereunder,” “hereof,” “herein,” or words of like import, and each reference in the other Loan Documents to the Credit Agreement (including, without limitation, by means of words like
“thereunder”, “thereof” and words of like import), shall mean and be a reference to the Credit Agreement as amended by this Amendment. 

  
 4 

 (b) Except as expressly provided in this Amendment, each Amendment Party hereby ratifies and
confirms all of the terms and conditions of the Credit Agreement, the Security Documents and the other Loan Documents to which it is a party and all documents, instruments and agreements related thereto, which remain in full force and effect. 

(c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any
right, power or remedy of the Administrative Agent or any Lender under the Credit Agreement or any Loan Document, or constitute a waiver or amendment of any other provision of the Credit Agreement or any Loan Document (as amended hereby) except as
and to the extent expressly set forth herein. 
 4.3 Counterparts. This Amendment may be executed by one or more of the parties
to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by email or facsimile
transmission shall be effective as delivery of an originally executed counterpart hereof. A set of the copies of this Amendment signed by all the parties shall be lodged with the Borrower and the Administrative Agent. 

4.4 Governing Law. THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER
IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AMENDMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 4.5 Loan Document and Integration. This
Amendment is a Loan Document, and together with the other Loan Documents, incorporates all negotiations of the parties hereto with respect to the subject matter hereof and is the final expression and agreement of the parties hereto with respect to
the subject matter hereof. 
 4.6 Headings. Section headings contained in this Amendment are included herein for convenience of
reference only and shall not constitute a part of this Amendment for any other purposes. 
 4.7 Waiver of Jury Trial. EACH
PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AMENDMENT OR ANY OTHER LOAN
DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR
OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS
BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 [SIGNATURE PAGES
FOLLOW] 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers and members thereunto duly authorized, as of the date indicated above. 
  

			
	TERADYNE, INC., as Borrower
		
	By:	 	 /s/ Charles Gray

	Name:	 	Charles Gray
	Title:	 	Secretary

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	EAGLE TEST SYSTEMS, INC., as Guarantor 
	NEXTEST SYSTEMS CORPORATION, as Guarantor
	GENRAD, LLC, as Guarantor
	HERCO TECHNOLOGY CORP., as Guarantor
	P.L.S.T., INC., as Guarantor

 
			
		
	By:	 	 /s/ Charles Gray

	Name:	 	Charles Gray
	Title:	 	Director

 
			
	
	LITEPOINT CORPORATION, as Guarantor

 
			
		
	By:	 	 /s/ Charles Gray

	Name:	 	Charles Gray

 
			
	Title:	 	Director
	
	LITEPOINT DESIGN TEST, LLC, as Guarantor

 
			
		
	By:	 	 /s/ Charles Gray

	Name:	 	Charles Gray
	Title:	 	Director

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	 BARCLAYS BANK PLC,
 as
Administrative Agent, Issuing Lender and Lender

		
	By:	 	 /s/ Chris Walton

	Name:	 	Chris Walton
	Title:	 	Director

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	 BANK OF AMERICA N.A.,
 as Lender and
Issuing Lender

		
	By:	 	 /s/ Raymond T. Liu

	Name: Raymond T. Liu
	Title: Associate

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Daglas Panchal

	Name: Daglas Panchal
	Title: Executive Director

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	 SUNTRUST BANK,
 as Lender and
Issuing Lender

		
	By:	 	 /s/ Christian Sumulong

	Name:	 	Christian Sumulong
	Title:	 	Vice President

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	 SILICON VALLEY BANK, as Issuing Lender and

Lender

		
	By:	 	 /s/ Jon Wolter

	Name:	 	Jon Wolter
	Title:	 	Vice President

 [SIGNATURE PAGE TO AMENDMENT NO. 2] 

 
			
	 Wells Fargo Bank, N.A., as Lender

		
	By:	 	 /s/ Cameron Burbank

	Name:	 	Cameron Burbank
	Title:	 	Vice President

 [SIGNATURE PAGE TO AMENDMENT NO. 2]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}]]