Document:

EX-10.1

 Exhibit 10.1 

SEPARATION AND GENERAL RELEASE AGREEMENT 

This Separation and General Release Agreement (the “Agreement”) is entered into by Raja M. Parvez (the
“Executive”) and Rubicon Technology, Inc. (the “Company”). 
 WHEREAS, the Executive has agreed to resign
his employment with the Company; 
 WHEREAS, Section 4(c) of the Executive’s Executive Employment Agreement dated January 29,
2009, as amended (the “Executive Employment Agreement”), requires the Executive to provide thirty (30) calendar days written notice to the Company prior to the Resignation Date; 

WHEREAS, the Executive is entitled to certain severance benefits in the event of a termination without cause pursuant to Section 4(b) of
the Executive Employment Agreement, conditioned upon agreement to a complete release agreeable in form and substance to the Company, but Executive is not entitled to any severance benefits in the event of a resignation pursuant to Section 4(c)
of the Executive Employment Agreement; and 
 WHEREAS, the Executive and the Company have agreed to waive the notice period of
Section 4(c) of the Executive Employment Agreement, and provide the Executive with the severance benefits available pursuant to Section 4(b) of the Executive Employment Agreement, in exchange for the Executive executing the complete
release referenced in Section 4(b) of the Executive Employment Agreement. 
 The Executive and the Company agree as follows: 

1. Return of Property. All Company files, access keys and codes, desk keys, ID badges, computers, records, manuals, electronic devices,
computer programs, papers, electronically stored information or documents, telephones and credit cards, and any other property of the Company in the Executive’s possession must be returned no later than the Termination Date; provided,
that, after the notification of and consultation with the Company, the Executive may keep one copy of any items as he may reasonably expect to use to protect his rights under this Agreement. 

2. General Release and Waiver of Claims. 

(a) Release. In consideration of the payments and benefits provided to the Executive pursuant to this Agreement, and after consultation
with counsel, the Executive and each of the Executive’s respective heirs, executors, administrators, representatives, agents, insurers, successors and assigns (collectively, the “Releasors”) hereby irrevocably and
unconditionally release and forever discharge the Company, its subsidiaries and affiliates and each of their respective officers, employees, directors, attorneys, shareholders and agents (“Releasees”) from any and all claims,
actions, causes of action, rights, judgments, obligations, damages, demands, accountings or liabilities of whatever kind or character (collectively, “Claims”), including, without limitation, any Claims under any federal, state,
local or foreign law, that the Releasors may have, or in the future may possess, arising out of (i) the Executive’s employment relationship with and service as an employee, officer or director of the Company or any subsidiaries or
affiliated companies and the termination of such relationship or service, and (ii) any event, condition, circumstance or obligation that occurred, existed or arose on or prior to the date the Executive signs this Agreement; provided,
however, that the Executive does not release, discharge or waive any rights to (i) payments and benefits provided under this Agreement and (ii) any indemnification rights the Executive may have under the Executive Employment
Agreement, in accordance with the Company’s governance instruments or under any director and officer liability insurance maintained by the Company with respect to liabilities arising as a result of the Executive’s service as an officer and
employee of the Company. This paragraph 2(a) does not apply to any Claims arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”).
Claims arising under ADEA are addressed in paragraph 2(b) of this Agreement. 

  
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 (b) Specific Release of ADEA Claims. In further consideration of the payments and benefits
provided to the Executive under this Agreement, the Releasors hereby unconditionally release and forever discharge the Releasees from any and all Claims arising under ADEA that the Releasors may have as of the date Executive signs this this
Agreement. By signing this Agreement, the Executive hereby acknowledges and confirms the following: 
 (i) the Executive is hereby advised by
the Company in connection with his termination to consult with an attorney of his choice prior to signing this Agreement and to have such attorney explain to the Executive the terms of this Agreement, including, without limitation, the terms
relating to the Executive’s release of claims arising under ADEA, and the Executive has in fact consulted with an attorney; 
 (ii) the
Executive was given a period of not fewer than 21 days to consider the terms of this Agreement and to consult with an attorney of his choosing regarding this Agreement; 

(iii) the Executive knowingly and voluntarily accepts the terms of this Agreement; 

and 
 (iv) the Executive is
providing this release only in exchange for consideration in addition to anything of value to which the Executive is already entitled. 
 (c)
Right to Revoke; First Severance Payment Installment. The Executive also understands that he has seven days following the date on which he signs this Agreement within which to revoke the release contained in this paragraph, by providing the
Company with a written notice of his revocation of the release and waiver contained in this paragraph. To be effective any such written revocation notice must be received by William Weissman, Chief Financial Officer, Rubicon Technology, Inc., 900
East Green Street, Unit A, Bensenville, IL 60106, no later than 5:00 p.m. on the seventh (7th) day following the date on which he signs this General Release Agreement. 

  
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 The “Effective Date” of this Agreement shall be the eighth day following the date on which
Executive signs this General Release Agreement, so long as the Executive has not timely revoked it in accordance with this paragraph 2(c). 

(d) No Assignment. The Executive represents and warrants that he has not assigned any of the Claims being released under this General
Release Agreement. The Company may assign this General Release Agreement, in whole or in part, to any affiliated company or subsidiary of, or any successor in interest to, the Company. 

3. Severance Benefits. Once this Agreement becomes effective, the Executive shall be entitled to (i) payment of an amount equal to
the sum of the Executive’s Annual Salary at the rate of the Annual Salary in effect at the time he executes this Agreement and the maximum annual bonus (without any duplication of the amount payable under (i) (the “Severance
Payment”), which shall be payable by the Company in two (2) equal installments: (A) the first installment shall be due and payable seven (7) calendar days after the Effective Date of this Agreement and (B) the second
installment shall be due and payable on the six (6) month anniversary of the Effective Date of this Agreement; and (ii) accelerated vesting of the Option pursuant to Section 3(c) of the Executive Employment Agreement. In
addition, the Company shall be obligated to continue any health and welfare benefits provided to the Executive under Section 3(d) of the Executive Employment Agreement throughout the period commencing on the last date of Executive’s
employment with the Company and continuing for a twelve-month period thereafter. Except as provided herein or required by applicable law, the Executive shall not be entitled to any other compensation or benefits. With respect to the payments made to
the Executive by the Company under this paragraph 3, such payments shall be less applicable taxes, payroll deductions and withholdings required by law. 

4. Proceedings. 
 (a)
General Agreement Relating to Proceedings. The Executive has not filed, and except as provided in paragraphs 4(b) and 4(c), the Executive agrees not to initiate or cause to be initiated on his behalf, any complaint, charge, claim or
proceeding against the Releasees before any local, state or federal agency, court or other body relating to his employment or the termination of his employment, other than with respect to the obligations of the Company to the Executive under the
Employment Agreement (each, individually, a “Proceeding”), and agrees not to participate voluntarily in any Proceeding. The Executive waives any right he may have to benefit in any manner from any relief (whether monetary or
otherwise) arising out of any Proceeding. 
 (b) Proceedings Under ADEA. Paragraph 4(a) shall not preclude the Executive from
filing any complaint, charge, claim or proceeding challenging the validity of the Executive’s waiver of Claims arising under ADEA (which is set forth in paragraph 2(b) of this Agreement). However, both the Executive and the Company confirm
their belief that the Executive’s waiver of claims under ADEA is valid and enforceable, and that their intention is that all claims under ADEA will be waived. 

  
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 (c) Certain Administrative Proceedings. In addition, paragraph 4(a) shall not
preclude the Executive from filing a charge with or participating in any administrative investigation or proceeding by the Equal Employment Opportunity Commission or another Fair Employment Practices agency. The Executive is, however, waiving his
right to recover money in connection with any such charge or investigation. The Executive is also waiving his right to recover money in connection with a charge filed by any other entity or individual, or by any federal, state or local agency. 

5. Remedies. In the event the Executive initiates or voluntarily participates in any Proceeding in violation of this Agreement, or if he
fails to abide by any of the terms of this Agreement or his post-termination obligations contained in the Employment Agreement, or if he revokes the ADEA release contained in paragraph 2(b) within the seven-day period provided under paragraph 2(b),
the Company may, in addition to any other remedies it may have, reclaim any amounts paid to him pursuant to the Executive Employment Agreement or terminate any benefits or payments that are subsequently due under the Executive Employment Agreement,
without waiving the release granted herein. The Executive acknowledges and agrees that the remedy at law available to the Company for breach of any of his post-termination obligations under the Executive Employment Agreement or his obligations under
paragraphs 2 and 3 herein would be inadequate and that damages flowing from such a breach may not readily be susceptible to measurement in monetary terms. Accordingly, the Executive acknowledges, consents and agrees that, in addition to any other
rights or remedies that the Company may have at law or in equity or as may otherwise be set forth in the Executive Employment Agreement, the Company shall be entitled to seek a temporary restraining order or a preliminary or permanent injunction, or
both, without bond or other security, restraining the Executive from breaching his post-termination obligations under the Executive Employment Agreement or his obligations under paragraphs 2 and 3 herein. Such injunctive relief in any court shall be
available to the Company, in lieu of, or prior to or pending determination in, any arbitration proceeding. 
 The Executive understands that
by entering into this Agreement he shall be limiting the availability of certain remedies that he may have against the Company and limiting also his ability to pursue certain claims against the Company. 

6. Severability Clause. In the event that any provision or part of this Agreement is found to be invalid or unenforceable, only that
particular provision or part so found, and not the entire Agreement, shall be inoperative. 
 7. Nonadmission. Nothing contained in
this Agreement shall be deemed or construed as an admission of wrongdoing or liability on the part of the Company or the Executive. 
 8.
Governing Law and Forum. The Executive and the Company agree that this Agreement and all matters or issues arising out of or relating to the Executive’s employment with the Company shall be governed by the laws of the State of Illinois
applicable to contracts entered into and performed entirely therein. Any action to enforce this Agreement shall be brought solely in the state or federal courts located in the City of Chicago, Illinois. 

  
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 9. Notices. All notices or communications hereunder shall be in writing, addressed as
follows: 
 To the Company: 

Board of Directors 
 Rubicon
Technology, Inc. 
 9931 Franklin Avenue 

Franklin Park, Illinois 60131 

To the Executive: 
 Raja M.
Parvez 
 3182 Ram beau Road 

Bethlehem, PA 18020 
 All such
notices shall be conclusively deemed to be received and shall be effective (i) if sent by hand delivery or nationally recognized courier, upon receipt or (ii) if sent by electronic mail or facsimile, upon receipt by the sender of such
transmission. 
 [SIGNATURES ON FOLLOWING PAGE] 

  
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 THE EXECUTIVE ACKNOWLEDGES THAT HE HAS READ THIS AGREEMENT AND THAT IT IS WRITTEN IN A MANNER CALCULATED TO BE
UNDERSTOOD BY HIM. THE EXECUTIVE HE FULLY KNOWS, UNDERSTANDS AND APPRECIATES CONTENTS OF THIS AGREEMENT, AND THAT HE HEREBY EXECUTES THIS AGREEMENT VOLUNTARILY AND OF HIS OWN FREE WILL. 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date below set forth. 

 

									
	“COMPANY”	 		 		 	“EXECUTIVE”
			
	RUBICON TECHNOLOGY, INC.	 		 	
					
	By:	 	/s/ Don N. Aquilano	 		 		 	/s/ Raja M. Parvez
		 	Don N. Aquilano	 		 		 	Raja M. Parvez
		 	Chairman of the Board	 		 		 	

  
 6EX-10.24

 Exhibit 10.24 
  

			
	PENNYMAC CORP. FACILITY	  	EXECUTION

 AMENDMENT NO. 8 TO 

AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT 

Amendment No. 8 to Amended and Restated Master Repurchase Agreement, dated as of October 31, 2014 (this
“Amendment”), among Credit Suisse First Boston Mortgage Capital LLC (the “Buyer”), PennyMac Corp. (the “Seller”) PennyMac Mortgage Investment Trust and PennyMac Operating Partnership, L.P. (each, a
“Guarantor” and collectively, the “Guarantors”). 
 RECITALS 

The Buyer, the Seller and the Guarantors are parties to that certain Amended and Restated Master Repurchase Agreement, dated as of
June 1, 2013 (as amended by Amendment No. 1, dated as of August 29, 2013, Amendment No. 2, dated as of October 1, 2013, Amendment No. 3, dated as of December 27, 2013, Amendment No. 4, dated as of
December 31, 2013, Amendment No. 5, dated as of January 10, 2014, Amendment No. 6, dated as of February 21, 2014, and Amendment No. 7, dated as of May 22, 2014, the “Existing Repurchase Agreement”;
as further amended by this Amendment, the “Repurchase Agreement”) and the related Pricing Side Letter, dated as of June 1, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Pricing
Side Letter”). The Guarantors are parties to that certain Guaranty (as amended, restated, supplemented or otherwise modified from time to time, the “Guaranty”), dated as of November 2, 2010, by the Guarantors in favor
of Buyer. Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Existing Repurchase Agreement and Guaranty, as applicable. 

The Buyer, the Seller and the Guarantors have agreed, subject to the terms and conditions of this Amendment, that the Existing Repurchase
Agreement be amended to reflect certain agreed upon revisions to the terms of the Existing Repurchase Agreement. As a condition precedent to amending the Existing Repurchase Agreement, the Buyer has required the Guarantors to ratify and affirm the
Guaranty on the date hereof. 
 Accordingly, the Buyer, the Seller and the Guarantors hereby agree, in consideration of the mutual promises
and mutual obligations set forth herein, that the Existing Repurchase Agreement is hereby amended as follows: 
 SECTION 1.
Definitions. Section 2 of the Existing Repurchase Agreement is hereby amended by deleting the definition of “Termination Date” in its entirety and replacing it with the following: 

“Termination Date” means the earliest of (a) October 30, 2015, and (b) the date of the
occurrence of an Event of Default. 
 SECTION 2. Representations and Warranties. Section 13 of the Existing Repurchase Agreement
is hereby amended by deleting subsection (11) in its entirety and replacing it with the following: 

  
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 (11) Litigation. There is no action, proceeding or investigation pending
with respect to which either Seller or either Guarantor has received service of process or, to the best of Seller’s or either Guarantor’s knowledge threatened against it before any court, administrative agency or other tribunal
(A) asserting the invalidity of any Program Agreement, (B) seeking to prevent the consummation of any of the transactions contemplated any Program Agreement, (C) makes a claim individually or in the aggregate in an amount greater than
$10,000,000, (D) which requires filing with the Securities and Exchange Commission in accordance with the 1934 Act or any rules thereunder or (E) which might materially and adversely affect the validity of the Mortgage Loans or the
performance by it of its obligations under, or the validity or enforceability of any Program Agreement. 
 SECTION 3. Covenants.
Section 14 of the Existing Repurchase Agreement is hereby amended by deleting subsection (a) in its entirety and replacing it with the following: 

a. Litigation. Seller and each Guarantor, as applicable, will promptly, and in any event within ten (10) days after
service of process on any of the following, give to Buyer notice of all litigation, actions, suits, arbitrations, investigations (including, without limitation, any of the foregoing which are threatened or pending) or other legal or arbitrable
proceedings affecting Seller, Guarantors or any of their Subsidiaries or affecting any of the Property of any of them before any Governmental Authority that (i) questions or challenges the validity or enforceability of any of the Program
Agreements or any action to be taken in connection with the transactions contemplated hereby, (ii) makes a claim individually or in the aggregate in an amount greater than $10,000,000, or (iii) which, individually or in the aggregate, if
adversely determined, could be reasonably likely to have a Material Adverse Effect. Seller and each Guarantor, as applicable, will promptly provide notice of any judgment, which with the passage of time, could cause an Event of Default hereunder.

 SECTION 4. Events of Default. Section 15 of the Existing Repurchase Agreement is hereby amended by deleting subsection
(k) in its entirety and replacing it with the following: 
 k. Judgment. A final judgment or judgments for the
payment of money in excess of $10,000,000 in the aggregate shall be rendered against the Seller or any of its Affiliates by one or more courts, administrative tribunals or other bodies having jurisdiction and the same shall not be satisfied,
discharged (or provision shall not be made for such discharge) or bonded, or a stay of execution thereof shall not be procured, within 30 days from the date of entry thereof. 

SECTION 5. Conditions Precedent. This Amendment shall become effective as of the date hereof (the “Amendment Effective
Date”), subject to the satisfaction of the following conditions precedent: 
 5.1 Delivered Documents. On the Amendment
Effective Date, the Buyer shall have received the following documents, each of which shall be satisfactory to the Buyer in form and substance: 

  
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 (a) this Amendment, executed and delivered by duly authorized officers of the
Buyer, the Seller and the Guarantors; 
 (b) Amendment No. 7 to that certain Amended and Restated Pricing Side Letter,
dated as of the date hereof, executed and delivered by duly authorized officers of the Buyer, the Seller and the Guarantors; and 

(c) such other documents as the Buyer or counsel to the Buyer may reasonably request. 

SECTION 6. Representations and Warranties. Seller hereby represents and warrants to the Buyer that it is in compliance with all the
terms and provisions set forth in the Repurchase Agreement on its part to be observed or performed, and that no Event of Default has occurred or is continuing, and hereby confirms and reaffirms the representations and warranties contained in
Section 13 of the Repurchase Agreement. 
 SECTION 7. Limited Effect. Except as expressly amended and modified by this
Amendment, the Existing Repurchase Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms. 

SECTION 8. Counterparts. This Amendment may be executed by each of the parties hereto on any number of separate counterparts, each of
which shall be an original and all of which taken together shall constitute one and the same instrument. 
 SECTION 9. Severability.
Each provision and agreement herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement. 

SECTION 10. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
WITHOUT REFERENCE TO THE CHOICE OF LAW PROVISIONS THEREOF. 
 SECTION 11. Reaffirmation of Guaranty. The Guarantors hereby
ratify and affirm all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall apply to all of the Obligations of Seller to Buyer under the
Repurchase Agreement, as amended hereby. 
 [Remainder of page intentionally left blank] 

  
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 IN WITNESS WHEREOF, the undersigned have caused this Amendment to be duly executed as of the date
first above written. 
  

			
	Credit Suisse First Boston Mortgage Capital LLC, as Buyer
		
	By:	 	   /s/ Adam Loskove

		 	Name: Adam Loskove
		 	Title:   Vice President
	
	PennyMac Corp., as Seller
		
	By:	 	   /s/ Pamela Marsh

		 	Name: Pamela Marsh
		 	Title:   Executive Vice President, Treasurer
	
	PennyMac Mortgage Investment Trust, as Guarantor
		
	By:	 	   /s/ Pamela Marsh

		 	Name: Pamela Marsh
		 	Title:   Executive Vice President, Treasurer
	
	PennyMac Operating Partnership, L.P., as Guarantor
	
	By: PennyMac GP OP, Inc., its General Partner
		
	By:	 	   /s/ Pamela Marsh

		 	Name: Pamela Marsh
		 	Title:   Executive Vice President, Treasurer

 Signature Page to Amendment No. 8 to Amended and Restated Master Repurchase Agreement

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