Document:

First Amendment to Attornment Agr

    Exhibit
      10.3.3

     

    FIRST
      AMENDMENT TO ATTORNMENT AGREEMENT

     

    THIS
      FIRST AMENDMENT TO ATTORNMENT AGREEMENT ("Amendment")
      is
      made
      and entered into as of the 15th
      day of
      November, 2005 by and between LBA REALTY FUND-HOLDING
      CO. I, LLC, a Delaware limited liability company ("Master
      Landlord"), and
      AMERICAN
      TECHNOLOGY CORPORATION, a Delaware corporation ("Subtenant").

     

    R
      E C
      I T A L S:

     

    A. Master
      Landlord and Subtenant entered into that certain Attornment Agreement dated
      as
      of August 1, 2005 (the "Agreement"),
      whereby
      Master Landlord succeeded to the sublandlord interest under that certain Amended
      and Restated Sublease Agreement dated September 1, 2000 between Subtenant and
      Smiths Industries Aerospace & Defense Systems, Inc., pursuant to which
      Subtenant leased certain space in the building located at 13112 Evening Creek
      Drive, South, San Diego, California ("Building").

     

    B. By
      this
      Amendment, Master Landlord and Subtenant desire to modify the Agreement as
      provided herein.

     

    C. Unless
      otherwise defined herein, capitalized terms as used herein shall have the same
      meanings as given thereto in the Agreement.

     

    NOW,
      THEREFORE, in consideration of the foregoing recitals and the mutual covenants
      contained herein, and for other good and valuable consideration, the receipt
      and
      sufficiency of which are hereby acknowledged, the parties hereto agree as
      follows:

     

    A
      G R
      E E M E N T:

     

    1. Term.
      Effective as of the date hereof, Section 2.2 of the Agreement shall be deemed
      deleted in its entirety and replaced with the following: "The Term of the
      Sublease shall end on January 31, 2006."

     

    2. Brokers.
      Each
      party represents and warrants to the other that no broker, agent or finder
      negotiated or was instrumental in negotiating or consummating this Amendment.
      Each party further agrees to defend, indemnify and hold harmless the other
      party
      from and against any claim for commission or finder's fee by any person or
      entity who claims or alleges that they were retained or engaged by the
      indemnifying party or at the request of such party in connection with this
      Amendment.

     

    3. Subtenant
      Representations.
      Each
      person executing this Amendment on behalf of Subtenant represents and warrants
      to Master Landlord that: (a) Subtenant is properly formed and validly existing
      under the laws of the state in which Subtenant is formed and Subtenant is
      authorized to transact business in the state in which the Building is located;
      (b) Subtenant has full

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    right
      and
      authority to enter into this Amendment and to perform all of Subtenant's
      obligations hereunder; and (c) each person (and both persons if more than one
      signs) signing this Amendment on behalf of Subtenant is duly and validly
      authorized to do so.

     

    4. No
      Further Modification.
      Except
      as set forth in this Amendment, all of the terms and provisions of the Agreement
      shall remain unmodified and in full force and effect. Effective as of the date
      hereof, all references to the "Agreement" shall refer to the Agreement as
      amended by this Amendment.

     

    5. Counterparts
      and Fax Signatures.
      This
      Amendment may be executed in counterparts, each of which shall be deemed an
      original, but such counterparts, when taken together, shall constitute one
      agreement. This Amendment may be executed by a party's signature transmitted
      by
      facsimile ("fax"), and copies of this Amendment executed and delivered by means
      of faxed signatures shall have the same force and effect as copies hereof
      executed and delivered with original signatures. All parties hereto may rely
      upon faxed signatures as if such signatures were originals. Any party executing
      and delivering this Amendment by fax shall promptly thereafter deliver a
      counterpart signature page of this Amendment containing said party's original
      signature. All parties hereto agree that a faxed signature page may be
      introduced into evidence in any proceeding arising out of or related to this
      Amendment as if it were an original signature page. 

     

    
      

      
        
          	 	
                  "Master
                    Landlord":

                	 	 	 	 
	 	 	 	 	 	 
	 	
                  LBA
                    REALTY FUND-BOLDING CO. I, LLC,

                  a
                    Delaware limited liability company

                	 	 

        

         

        
          
            	 	 	 	 	 	 
	 	
                    By:

                  	
                    LBA Realty
                      Fund, L.P.,

                    a
                      Delaware limited partnership 

                  	 
	 	 	 
	 	 	
                    its
                      Manager

                  	 	 	 

          

           

          
            
              	 	 	 	 	 	 
	 	 	
                      By:

                    	
                      LBA
                        Management Company, LLC, 

                      a
                        Delaware limited liability company, 

                    
	 	 	 
	 	 	 	
                      its
                        General Partner

                    	 

            

             

            
              
                	 	 	 	 	 	 
	 	 	 	
                        By:

                      	
                        LBA,
                          Inc.,

                        a
                          California corporation, 

                        its
                          Manager

                      
	 	 	 	 

              

               

              
                
                  	 	 	 	 	 	 
	 	 	 	 By:	
                          /s/
                            Steven Briggs

                        
	 	 	 	 	
                          Name:
                            Steven R. Briggs

                        
	 	 	 	 	
                          Title:
                            Authorized Signatory

                        

                

                 

                 

                
                  
                    
                    

                  

                  
                    2

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                
                  
                    	 	 	 	 	 	 
	 	
                            "Subtenant"*:

                          	 	 	 	 
	 	 	 	 	 	 
	 	
                            AMERICAN
                              TECHNOLOGY CORPORATION, 

                            a
                              Delaware corporation

                          	 	 

                  

                   

                  
                    	 	 	 	 	 	 
	 	
                            By:

                          	
                            /s/
                              Michael A. Russell

                          	 
	 	 	
                            Print
                              Name: Michael A. Russell

                          	 
	 	 	
                            Title:
                              CFO

                          	 
	 	 	 	 	 	 
	 	
                            By:

                          	
                                        

                          	 	 	 
	 	 	
                            Print
                              Name:

                          	 
	 	 	
                            Title:
                              

                          	 

                  

                

              

            

          

        

      

      
 

    

     

    *NOTE:

    If
      Subtenant is a California corporation, then
      one
      of the following alternative requirements must be satisfied:

    (A) This
      Amendment must be signed by two (2) officers of such corporation: one being
      the
      chairman of the board, the president or a vice president, and the other being
      the secretary, an assistant secretary, the chief financial officer or an
      assistant treasurer. If one (1) individual is signing in two (2) of the
      foregoing capacities, that individual must identify the two (2)
      capacities.

    (B) If
      the
      requirements of (A) above are not satisfied, then Subtenant shall deliver to
      Master Landlord evidence in a form reasonably acceptable to Master Landlord
      that
      the signatory(ies) is (are) authorized to execute this Amendment.

    If
      Subtenant is a corporation incorporated in a state other than California,
then
      Subtenant shall deliver to Master Landlord evidence in a form reasonably
      acceptable to Master Landlord that the signatory(ies) is (are) authorized to
      execute this Amendment.

     

     

    3Separation and Release Agr - Kalani

    Exhibit
      10.13.1

    SEPARATION
      AND LEASE AGREEMENT

     

    I,
      Kalani
      Jones ('Employee," "me" or "I"), understand that my position with American
      Technology Corporation (the "Company") was terminated effective October 17,
      2005
      (the "Separation Date"). The Company has agreed that in exchange for my
      signature on this Agreement and the promises and covenants herein, the Company
      will pay me severance in the amount of $82,500.00 (Eighty-Two Thousand Five
      Hundred Dollars and No Cents). This payment will be made within five (5)
      business days after the expiration of the revocation period described below,
      and
      will be subject to standard withholdings and deductions. The Company will also
      pay on my behalf the premiums for continuing health benefits under COBRA, until
      the earlier to occur of my being eligible for health care coverage through
      my
      next employer, or February 28, 2006. The Company will also agree to extend
      until
      February 15, 2006 the period of time for which the vested portion (as of the
      Separation Date) of all Company stock options I hold may be exercised. I
      understand that as a result of these extensions, those stock options designated
      as incentive stock options (as defined under Section 422(b) of the Internal
      Revenue Code) will no longer be treated as such, and will be treated instead
      as
      non-statutory stock options. I understand that I am not entitled to the
      above-described severance benefits unless I sign and do not revoke this
      Agreement. I understand and agree that in addition to these severance benefits,
      the Company has paid me all of my accrued salary and vacation, to which I am
      entitled by law.

     

    In
      exchange for the consideration provided to me by this Agreement that I am not
      otherwise entitled to receive, I hereby unconditionally and completely release
      the Company and its directors, officers, employees, shareholders, partners,
      agents, attorneys, predecessors, successors, parent and subsidiary entities,
      insurers, affiliates, and assigns from any and all claims, liabilities and
      obligations, both known and unknown, that arise out of or are in any way related
      to events, acts, conduct, or omissions occurring prior to my signing this
      Agreement. This general
      release includes, but is not limited to: (1) all claims arising out of or in
      any
      way related to
      my
      employment with the Company or the termination of that employment; (2) all
      claims related to my compensation or benefits from the Company, including
      salary, bonuses, commissions, vacation pay, expense reimbursements, severance
      pay, fringe benefits, stock, stock options, or any other ownership interests
      in
      the Company; (3) all claims for breach of contract, wrongful termination, and
      breach of the implied covenant of good faith and fair dealing; (4) all tort
      claims, including claims for fraud, defamation, emotional distress, and
      discharge in violation of public policy; and (5) all federal, state, and local
      statutory claims, including claims for discrimination, harassment, retaliation,
      attorneys' fees, or other claims arising under the federal Civil Rights Act
      of
      1964 (as amended), the federal Americans with Disabilities Act of 1990, the
      federal Age Discrimination in Employment Act of 1967 (as amended) ("AREA"),
      and
      the California Fair Employment and Housing Act (as amended) and other analogous
      state and local laws or regulations.

     

    In
      giving
      this release, which includes claims which may be unknown to me at present,
      I hereby acknowledge that I have read and understand Section 1542 of the Civil
      Code of
      the
      State of California which reads as follows:

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

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

     

    I
      hereby
      expressly waive and relinquish all rights and benefits under Section
      1542
      and any
      law or legal principle of similar effect in any jurisdiction with respect to
      claims released hereby.

    

    I
      acknowledge that I am knowingly and voluntarily waiving and releasing any
rights
      I
      may have under the federal Age Discrimination in Employment Act of 1967, as
      amended
      ("ADEA"). I also acknowledge that the consideration given for the waiver in
      the
      above paragraph is in addition to anything of value to which I was already
      entitled. I have been advised by this writing, as required by the ADEA that:
      (a)
      my waiver and release do not apply to any claims that may arise after my signing
      of this Agreement; (b) I should consult with an attorney prior to executing
      this
      release; (c) I have twenty-one (21) days within which to consider this release
      (although I may choose to voluntarily execute this release earlier); and (d)
      as
      set forth in the
      following paragraph, I have seven (7) calendar days following the execution
      of
      this release to
      revoke
      the Agreement.

     

    Within
      three (3) calendar days of signing and dating this Agreement, I agree to deliver
      the executed original of this Agreement to David B. Chidlaw, Sheppard, Mullin,
      Richter & Hampton LLP,
      501
      West
      Broadway, 19th Floor, San Diego, CA 92101-3598. However, I and the Company
      acknowledge and agree that I may revoke this Agreement for up to seven (7)
      calendar days following my execution of this Agreement and it shall not become
      effective or enforceable until the revocation period has expired. I and the
      Company further acknowledge and agree
      that such revocation must be in writing addressed to and received by David
      B.
      Chidlaw not later
      than midnight on the 7"'
      day
      following execution of this Agreement by me. Should I revolve
      this
      Agreement under this paragraph, this Agreement shall not be effective or
      enforceable and I will not receive the monies and benefits described
      above.

     

    I
      acknowledge my continuing obligations under my Employee Nondisclosure Agreement
      (attached as Exhibit A). Pursuant to the Employee Nondisclosure Agreement I
      understand that among other things, I must not use or disclose any confidential
      or proprietary information of the Company and I must immediately return all
      Company property and documents (including all embodiments of proprietary
      information) and all copies thereof in my possession or control. I acknowledge
      that I have acquired no rights by license or otherwise in any "Information"
      as
      such term is defined in the Employee Nondisclosure Agreement. I also
acknowledge
      the Mutual Agreement to Arbitrate (attached as Exhibit B) between myself and
      the
      Company
      dated September 2, 2003, and agree to that Mutual Agreement to Arbitrate's
      validity and application to any disputes arising under this Agreement. I also
      agree that any arbitration regarding this Agreement shall take place in San
      Diego County, California.

     

    I
      agree
      not to make any statement or take any action which would damage the
      reputation or promotion of the Company or its products.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
 

     

    If
      either
      I or the Company commences an action against the other party to
      enforce
      any of
      the terms hereof or because of the breach by such other party of any of the
      terms hereof, the prevailing party shall be entitled, in addition to any other
      relief granted, to all actual out-of pocket
      costs and expenses incurred by such prevailing party in connection with such
      action and the enforcement and collection of any judgment rendered therein,
      including, without limitation, all reasonable attorneys' fees, consultant fees
      and expert witness fees, and a tight to such costs and expenses shall be deemed
      to have accrued upon the commencement of such action and shall be enforceable
      whether or not such action is prosecuted to judgment.

     

     

    This
      Agreement, including Exhibits A and S
      hereto,
      constitutes the complete, final and exclusive embodiment of the entire agreement
      between the Company and me with regard to the subject matter hereof. I am not
      relying on any
      promise
      or representation by the Company that is not expressly stated herein- This
      Agreement may only be modified by a writing signed by both me and a duly
      authorized officer of the Company.

     

    I
      accept
      and agree to the terms and conditions stated above:

     

    
      
        	
                10/20/05

              	 	
                /s/
                  Kalani Jones

              
	
                Date

              	 	
                Kalani
                  Jones

              
	 	 	 
	
                12/21/2005

              	 	
                AMERICAN
                  TECHNOLOGY CORPORATION

              
	
                Date

              	 	
                By:
                  /s/ John Zavoli

              
	 	 	
                Title:
                  President

              

      

    

     

     

    3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00095-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00095-of-00352.parquet"}]]