Document:

First Amendment

 Exhibit 10.3 
 FIRST AMENDMENT TO LEASE AGREEMENT 
 THIS FIRST AMENDMENT TO LEASE AGREEMENT (this “Amendment”) is made and entered into as of March 31, 2006,
by and between RAY DOLBY AND DAGMAR DOLBY, AS TRUSTEES OF THE DOLBY FAMILY
TRUST, DATED MAY 7, 1999, and RAY AND DAGMAR DOLBY REAL ESTATE INVESTMENTS, L.P., a
California limited partnership (collectively, “Landlord”), and DOLBY LABORATORIES, INC., a California corporation, (“Tenant”). 
 RECITALS 
 A. Landlord and
Tenant have entered into that certain Lease Agreement dated as of December 31, 2005 (the “Original Lease”), whereby Landlord leased to Tenant certain premises (“Premises”), commonly known as 100 Potrero Avenue,
San Francisco, California, more particularly described in the Original Lease. 
 B. Landlord and Tenant now desire to amend the Original
Lease as provided in Section 2.2(b) of the Original Lease pursuant to the terms, covenants and conditions set forth herein. 
 AGREEMENT 
 NOW THEREFORE, for good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, Buyer and Seller hereby agree as follows: 
 1. Defined Terms. Unless otherwise
expressly set forth herein, capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Original Lease. As used herein and in the Original Lease, the term “Lease” shall mean the
Original Lease as amended hereby. 
 2. Measurement of Premises. 
 (a) Landlord caused its representative to meet with Tenant’s Architect to review the calculation of the rentable area of the Premises
made by Tenant’s Architect, and Tenant’s Architect provided additional information concerning such calculation to Landlord and Tenant. As a result of such meeting and review of such calculation, Landlord and Tenant hereby agree that the
correct measurement of the rentable area of the Premises is seventy thousand four hundred sixteen (70,416) square feet. Accordingly, the phrase “69,641 square feet (subject to adjustment pursuant to Section 2.2)” set forth in the
Basic Lease Information of the Original Lease is hereby deleted and replaced with “70,416 square feet”. 
 3.
Rent. As a result of the increase in the rentable area of the Premises pursuant to Section 2 above, the Base Rent shall be increased to Nine Hundred Eighty-Five Thousand Eight Hundred Twenty-Four and 00/100 Dollars
($985,824.00) annually, payable in monthly installments of Eighty-Two Thousand One Hundred Fifty-Two and 00/100 Dollars ($82,152.00), to reflect the additional 775 square feet included in the revised measurement of the Premises. 
 (a) Accordingly, the Base Rent as set forth in the Basic Lease Information of the Original Lease is hereby deleted and replaced with the
following: 
 Monthly: $82,152.00 
 Annual: $985,824.00 
  

 1 

 (b) The Base Rent adjustment pursuant to this Section 3 is retroactive to the
Commencement Date, thus (i) Tenant shall pay the increased monthly Base Rent commencing with the monthly installment of Base Rent due on April 1, 2006, and (ii) Tenant shall pay to Landlord, no later than May 1, 2006, the
additional Base Rent owed for the period January 1, 2006 through March 31, 2006, in the amount of Two Thousand Seven Hundred Twelve and 51/100 Dollars ($2,712.51), as a result of the adjustment of the rentable square footage of the
Premises pursuant to this Amendment. 
 4. No Further Adjustment Pursuant to Section 2.2 of Original Lease.
Landlord and Tenant agree that the adjustment of the rentable square footage of the Premises and Base Rent pursuant to this Amendment is made pursuant to Section 2.2 of the Original Lease and that no further adjustment of the rentable square
footage of the Premises or Base Rent shall be made pursuant to Section 2.2 of the Original Lease. 
 5. Ratification;
Miscellaneous. Except as expressly modified hereby, the Original Lease shall remain unmodified and in full force and effect. This Amendment, after due execution by each party, may be delivered via electronic or facsimile transmission,
with original signatures to follow, and in any number of counterparts, each of which shall be considered an original and all of which, taken together, shall constitute one and the same instrument. 
 [Signatures appear on next page] 
  

 2 

 IN WITNESS WHEREOF, Landlord and Tenant have executed this
Amendment effective as of the date set forth above. 
  

					
	LANDLORD:
		
		 	/s/ Ray Dolby
		 	 RAY DOLBY, as Trustee of the
 Dolby Family Trust, dated May 7, 1999

		
		 	/s/ Dagmar Dolby
		 	 DAGMAR DOLBY, as Trustee of the
 Dolby Family Trust, dated May 7, 1999

		
		 	 RAY AND DAGMAR DOLBY REAL ESTATE
INVESTMENTS, L.P., 
 a California limited partnership

			
		 	By	 	/s/ Ray Dolby
		 		 	     Ray Dolby, as Trustee of the Dolby Family Trust, dated May 7, 1999, its general partner

			
		 	By	 	/s/ Dagmar Dolby
		 		 	      Dagmar Dolby, as Trustee of the Dolby Family Trust, dated May 7, 1999, its general
partner

		
	TENANT:	 	DOLBY LABORATORIES, INC.,
a California corporation
			
		 	By	 	/s/ N. W. Jasper, Jr.
		 		 	      N. William Jasper, Jr.

		 		 	     President and CEO

  

 3FORM OF LOCK-UP AGREEMENT

 EXHIBIT 4.1 
 LOCKUP AGREEMENT 
 THIS LOCKUP AGREEMENT (the “Agreement”) is entered into as of this
28th day of April, 2006, by and between
                     (the “Shareholder”) and Hologic, Inc., a Delaware corporation (the “Company”). 
 WHEREAS, pursuant to that certain Share Purchase Agreement by and among the Shareholder, the Company and the other parties thereto, dated as of the date
hereof (the “Purchase Agreement”), the Shareholder will acquire                      shares of the Company’s Common
Stock, $0.01 par value per share (collectively, the “Restricted Shares”); 
 WHEREAS, pursuant to the Purchase Agreement, it was a
condition precedent to the Shareholder’s receipt of the Restricted Shares that the Shareholder agree to refrain from selling the Shares until the occurrence of certain events and/or the passage of certain dates; 
 NOW, THEREFORE, in consideration of the foregoing premises, and for other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows: 
 1. Lockup of Shares. (a) The Shareholder hereby agrees that in consideration
for the receipt of the Restricted Shares pursuant to the Purchase Agreement, he will not, without the prior written consent of the Company, for a period one year, two years and three years after the date hereof, offer to sell, contract to sell or
otherwise sell (including without limitation in a short sale), transfer, assign or dispose of (by gift or otherwise) 100%, 66 2/3% and 33 1/3%, respectively, of the Restricted Shares. Notwithstanding the foregoing, there shall
be no restriction on the Shareholder’s ability to sell, offer to sell, contract to sell or otherwise sell (including without limitation in a short sale), transfer, assign or dispose of the Restricted Securities from and after the earlier to
occur of the following: 
 (i) the date upon which the cumulative EBITDA (as defined below) of the EFO Group Companies (as such
term is defined in the Purchase Agreement), measured from the date hereof, exceeds $12,000,000 (the “EBITDA Target”); 
 (ii) the
first date after the date hereof, when the last sale price of shares of the Company’s Common Stock on the NASDAQ National Market (or any successor principal trading market or exchange for the Company’s Common Stock, the “NASDAQ”)
exceeds [Insert number equal to 140% of the value of a share of Company Common Stock pursuant to the Purchase Agreement]; or 
 (iii) the
first date after the date hereof, when the last sale price of shares of the Company’s Common Stock on the NASDAQ is less than [Insert number equal to 75% of the value of a share of Company Common Stock pursuant to the Purchase Agreement (the
“Threshold Price”)]. 

 (b) As used herein, the term EBITDA, shall mean (on a proportionally consolidated basis for the EFO Group
Companies, whereby AEG Photoconductor Shanghai Co. Ltd shall only be included as if 80% owned by AEG Elektrofotografie GmbH) earnings before interest, income taxes, depreciation and amortization, less any income included in such earnings in relation
to (i) release of provisions existing in the balance sheet as of as of the relevant period to the extent that no related expense is incurred in the period, (ii) gains on disposal of fixed assets; (iii) income related to matters
occurring in prior periods, and (iv) other income of a non-recurring nature. 
 (c) If, at any time during the period ending on the one
year anniversary of the date hereof, and unless a registration statement under the U.S. Securities Act of 1933, as amended (the “Securities Act”) is then effective which permits the Shareholder to sell his Restricted Shares to the public,
the closing price of the Company’s Common Stock on the NASDAQ falls to a closing price which is less than the Threshold Price described above, then at any time during the period that the price of Company’s Common Stock on the NASDAQ
remains at a closing price which is less than such Threshold Price, the Shareholder may notify the Company that the Shareholder desires to sell all of his Restricted Shares. The Shareholder shall provide with such notice, any certificate provided by
the Company representing the Tendered Shares, and a stock power duly executed in form sufficient to effect the transfer of the Tendered Shares to the Company (collectively a “Put Notice”). Upon receipt of such Put Notice, the Company shall
within ten business days repurchase said Shareholder’s Restricted Shares at a purchase price equal to the closing price of the shares on the NASDAQ on the date of the Company’s receipt of the Put Notice. The Shareholder’s rights under
this subsection (c) are subject to the following limitations: (i) if requested by the Company, all of the Shareholders have provided the Company with the information necessary to effect the registration of their Restricted Shares for
resale pursuant to a registration statement under the U.S. Securities Act of 1933, as amended (the “Securities Act”) (including information regarding their names, addresses, the number of shares of the Company’s Common Stock they own,
their relationship with the Company and their plan of distribution for the Restricted Shares); and, (ii) no material adverse change to the assets, business or operations of the EFO Group Companies has occurred which has or could reasonably be
expected to result in (A) the EFO Group Companies failing to meet its quarterly targets for EBITDA, or (B) the Company making an announcement relating to such change. 
 2. Governing Law. The Shareholder agrees that, notwithstanding anything to the contrary in this Agreement, this Agreement shall be governed by
applicable U.S. federal securities laws and the internal laws of the State of Delaware (without regard to any conflict of law provisions), and that the sole and exclusive venue for any legal proceeding involving this Agreement shall be the courts
located in the State of Delaware. 

 3. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall
be deemed an original, but all of which together shall constitute one and the same instrument. 
 4. Amendments and Waivers. Any term
of this Agreement may only be amended with the written consent of the Company and the Shareholder. 
 IN WITNESS WHEREOF, the parties hereto
have executed this Agreement as of the date first above written. 
  

			
	HOLOGIC, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	SHAREHOLDER

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