Document:

Separation Agreement

 Exhibit 10.1 
  
 TECO ENERGY, INC. 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
  
 THIS SEPARATION AGREEMENT AND GENERAL RELEASE (the “Agreement”) is made and entered into this              day of
                    , 2004, by and between TECO ENERGY, INC. (the “Company”), the principal place of business
which is located at 702 North Franklin Street, Tampa, Florida 33602 and RICHARD LEHFELDT (the “Officer”), residing at 26 Adalia Avenue, Tampa, Florida 33606. 
  
 WHEREAS, the Officer is currently employed by the Company and formerly held the position of Senior Vice President
External Affairs; and 
  
 WHEREAS, the Company intends to
eliminate the position as presently constituted; and 
  
 WHEREAS, after 5.17 years of credited employment with and service to TECO ENERGY, INC.; and 
  
 WHEREAS, in recognition of the Officer’s service the Company desires to extend to the Officer certain payments and benefits in order to effect
a just separation of the Officer; and 
  
 WHEREAS, the
parties have mutually agreed to enter into the following Separation Agreement and General Release (the “Agreement”). 
  
 NOW, THEREFORE, in consideration of the mutual covenants herein contained, it is hereby agreed as follows: 
  
 1. SCOPE OF EMPLOYMENT 
  
 (a) The Officer will remain employed as a regular full-time employee of the
Company from the date of this Agreement until the close of business on December 31, 2004 (the “Employment Period”). 
  
 (b) During the Employment Period, the Officer shall perform those duties for the Company as he is specifically assigned by the designated representative
within the Company or its affiliates and can expect to be called upon to perform certain duties during the transition period, but he shall not act as an agent for the Company or allow anyone to believe that he has the authority to act on behalf of
the Company except in connection with those specifically assigned duties. 
  
 2. COMPENSATION AND BENEFITS 
  
 (a) During the Employment Period, the Officer shall be paid an amount equal to his existing bi-weekly base salary of $10,101.92 at the same time and manner as other similarly situated employees. During such period, the Officer will also be
covered by all of the Company’s employee benefit plans in accordance with their terms. Contributions to such plans will be deducted from the Officer’s salary as required by the Plans or as requested by the Officer. 
  

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 (b) During the month of January 2005, the Company shall pay to the Officer a one-time lump sum separation
payment of $557,619.00. Such amount is equal to one and one-half times base pay plus target bonus. The payment made to the Officer shall be reduced to reflect the withholding of required FICA and federal withholding taxes regardless of whether or
not the Officer is employed by another employer. 
  
 (c) During
the month of January 2005, the Company shall pay to the Officer a one-time lump sum separation payment of $743,122.00. Such amount is equal to the present value of retirement benefits as if the Officer were vested in the TECO Energy Group
Supplemental Executive Retirement Plan (SERP), and as if such plan were enhanced to reflect two years added to the Officer’s age and length of service as of October 31, 2004, calculated based on projected earnings through October 2004
(exclusive of any 2004 Annual Incentive Plan payment which may be paid in 2005, if applicable). The payment made to the Officer shall be reduced to reflect the withholding of required FICA and federal withholding taxes regardless of whether or not
the Officer is employed by another employer. 
  
 (d) At the time
of the Company’s last regular payment made to the Officer hereunder pursuant to paragraph 2.(a), the Company shall pay the Officer a one-time lump sum payment for his accrued but unused vacation allowance for 2004. Such one-time payment shall
be made less the required FICA and federal withholding taxes. 
  
 (e) The Officer shall retain his eligibility to participate in the Annual Incentive Plan for the plan year 2004, and, if payments are made thereunder, it shall be paid to the Officer in 2005 at the same time and in the same manner as other
eligible officers are paid. If paid, all of Officer’s qualitative goals shall be paid at target. All other potential goal payments shall be based on corporate performance. Notwithstanding anything herein to the contrary, such payment will be
prorated based on ten months’ of participation in the plan year. Such payment shall be less the required FICA and federal withholding taxes. 
  
 (f) Nothing in this Agreement shall be deemed to affect the Officer’s vested rights under any of the Company’s retirement and pension plans.

  
 (g) The Company will provide the Officer with up to a one year
individual career transition counseling program by a professional agency, if the Officer chooses to take advantage of the services and continues to cooperate with such firm. In order to qualify for such career transition counseling program, the
Officer must contact the Human Resources Department within three (3) months from the conclusion of the Employment Period. 
  
 (h) During the month of January 2005, the Company shall pay to the Officer $5,000.00 for financial assistance for supplemental training that will assist
the Officer with his transition. The payment made to the Officer shall be reduced to reflect the withholding of required FICA and federal withholding taxes regardless of whether or not the Officer is employed by another employer. 
  
 (i) After the end of the Employment Period, the Company will provide health
and dental insurance coverage for the Officer and his covered dependents pursuant to Officer’s election during the open enrollment period for 2005 paying all COBRA health and dental coverage payments due until the earlier of (i) thirty days
after Officer begins employment with another employer, or (ii) June 30, 2006. 
  

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 (j) All of the Officer’s outstanding TECO Energy, Inc. stock options shall vest as of the end of the
Employment Period and all options (including those previously vested but not yet exercised) shall remain exercisable on or before the expiration date specified for each applicable stock options grant notwithstanding the Officer’s separation of
employment. 
  
 (k) The restrictions upon all of the restricted
stock granted to the Officer by the Company shall terminate, and all of such restricted stock shall vest for the benefit of the Officer, as of the end of the Employment Period, subject to the provisions of such plans. 
  
 (l) The Performance Period shall end as of the end of the Employment Period
for Performance Shares granted to the Officer by the Company. 
  
 3. CONFIDENTIALITY AND OTHER CONDUCT 
  
 (a) The
Officer recognizes and acknowledges that during the course of his employment with the Company, he has been exposed to, has had access to, and has had disclosed to him information and material developed specifically by and for the benefit of the
Company and sensitive and/or proprietary information, business planning and operations information, strategic, financial, business and plant security information, business practices and procedures, and specific Company procedures related thereto and
to other matters, including without limitation trade secrets, trademarks, service marks, trademarked and copyrighted material, patents, patents pending, financial and data processing information, data bases, interfaces, and/or source codes, Company
procedures, specifications, commercial information or other Company or Customer records as described in Administrative Policy 001, including any information or material, belonging to others which has been provided to the Company on a confidential
basis, all of which are hereinafter referred to as “Confidential Information.” 
  
 (b) The Officer agrees to maintain, in strict confidence, the Confidential Information and agrees not to disclose to any third party or to use same to benefit himself or any third party (other than Officer’s
financial and legal advisors) the Confidential Information or the fact of, the terms of or the amount of the consideration paid as part of this Agreement. The Officer shall be prohibited from using, duplicating, reproducing, copying, distributing,
disclosing such Confidential Information regardless of form or purpose, including without limitation, verbal disclosure, data, documents, electronic media or any other media form. The Officer agrees to abide by the non-disclosure and non-use
obligations relating to Company records, information, and property contained in the Company’s Standards of Integrity. 
  
 (c) The restrictions on the Officer’s disclosure of Confidential Information set out herein do not apply to such information which (i) is now, or
which hereafter, through no act or failure to act on the part of the Officer, becomes generally known or available to the public; or (ii) is required to be disclosed by a court of competent jurisdiction or by an administrative or quasi-judicial body
having jurisdiction over the subject matter after the Officer has given the Company reasonable prior notice of such disclosure requirement. 
  
 (d) The Officer agrees to conduct himself in all actions or conduct relating to the Company in a manner consistent with existing Company policy and to
refrain from engaging in any conduct which holds the Company up to ridicule in the community or which jeopardizes or adversely affects the business or reputation of the Company. 
  
 (e) For the purpose of this Section the term “Company” shall mean TECO Energy, Inc., Tampa Electric Company, and
all of their subsidiaries and affiliates. 
  

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 4. RELEASE OF CLAIMS 
  
 (a) For and in consideration of the payments and increased benefits made to the Officer pursuant to Section 2. hereof, the
Officer, for himself, his heirs, executors, administrators, successors and assigns acknowledges that the payments being made as consideration are in addition to anything of value to which he is entitled and accordingly hereby releases and agrees to
hold harmless the Company (which, for purposes of this section includes the Company, subsidiaries, and any agent, officer, director or employee thereof) from all claims, rights, causes of action or liabilities of whatever nature, whether at law or
in equity, or damages (compensatory, consequential or punitive) against the Company which the Officer, his heirs, executors, administrators, successors, and assigns, may now have or hereafter can, shall or may have for, upon, or by reason of any
matter, cause or thing, whatsoever, which has happened, developed or occurred on or before the date of this Agreement, arising out of Officer’s employment (other than Workers’ Compensation claims pending or otherwise related to such
employment) with or termination of employment from the Company or retirement hereunder, including, but not limited to, claims for wrongful termination, discrimination, retaliation, invasion of privacy, defamation, slander, and/or intentional
infliction of emotional distress, any rights to a grievance proceeding and those arising under any federal, state, or local discrimination or civil rights or labor laws and/or rules or regulations, and/or common law, whether in contract or in tort,
as they relate to the employment relationship of the Officer/Employer (including without limitation claims arising under the Age Discrimination in Employment Act, the Older Workers’ Benefit Protection Act (29 USC §626), Title VII of the
Civil Rights Act of 1964, Worker Adjustment and Retraining Notification Act (29 USC §2101-2109), or the Employee Retirement Income Security Act, as such laws have been or may be amended from time to time). 
  
 (b) The Company and the Officer agree that by entering into this Agreement,
the Officer does not waive claims that may arise after the date of execution of this Agreement. 
  
 (c) The Officer acknowledges and agrees that this Agreement shall not be construed as an admission by Company of any improper or unlawful actions or of
any wrongdoing whatsoever against Officer or any other persons, and Company expressly denies any wrongdoing whatsoever against Officer or any other employee. 
  
 (d) For the purpose of this Section, “Company” shall include TECO Energy, Inc., Tampa Electric Company, their subsidiaries and affiliates, and
any agent, officer, director, or employee thereof. 
  
 (e) Nothing
in this Agreement shall waive Officer’s right to indemnification by the company, which shall continue to the fullest extent permitted by applicable law. 
  
 (f) Notwithstanding this Release, Executive may enforce the terms of this Agreement. 
  
 (g) This release shall not apply to the rights and obligations under any Non-Statutory Stock Option grants to the Officer or
any Restricted Stock Agreement to which the Officer is a party. 
  
 5. REMEDY AT LAW INSUFFICIENT 
  
 Officer
acknowledges that damages at law will be an insufficient remedy if Officer violates the terms of this Agreement, and that the Company would suffer a decrease in value and irreparable damage as a result of such violation. Accordingly, on a violation
of any of the covenants set forth herein, particularly those contained in Section 3., the Company, without excluding or limiting any other available remedy, shall be entitled to the following remedies: 
  

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 (1) Upon posting a reasonable bond and filing with a court of competent jurisdiction an appropriate
pleading and affidavit specifying each obligation breached by Officer, automatic entry by a court in accordance with Florida Statute §542.335(1)(j) having jurisdiction of an order granting an injunction or specific performance compelling
Officer to comply with that obligation, without proof of monetary damage or an inadequate remedy at law. 
  
 (2) The prevailing party in any action shall be entitled to reimbursement of all costs and expenses incurred in prosecuting or defending any litigation
arising out of alleged breach of this Agreement, including premiums for bonds, fees for experts and investigators, and legal fees, costs, and expenses incurred before a lawsuit is filed and in trial, appellate, bankruptcy and judgment-execution
proceedings. 
  
 The foregoing remedies are cumulative to all
other remedies afforded by law or in equity, and the Company may exercise any such remedy concurrently, independently or successively. If for any reason a court of competent jurisdiction determines that the Company is not entitled to an injunction
based on a breach of a material obligation under this Agreement as described above, Officer shall pay to the Company as liquidated damages, on demand in immediately available legal tender of the United States of America, a sum equal to all profits,
remuneration, or other consideration Officer gains from all activities in breach or contravention of any of Officer’s obligations. 
  
 Nothing herein shall prevent the Officer from submitting evidence showing that he has not breached this Agreement and that the Company is therefore not
entitled to injunctive or other relief. 
  
 6. SURVIVAL

  
 Neither completion of payments hereunder nor termination
of this Agreement shall be deemed to relieve Officer or Company of any rights or obligations hereunder which by their very nature survive the completion of payments by the Company, including without limitation, Sections 3. and 4. hereof. 

 
 7. ENTIRE AGREEMENT 
  
 The Officer acknowledges and agrees that this Agreement contains the entire
agreement between himself and Company and that no statements or promises have been made by either party concerning the contents of this Agreement other than as expressly contained in this document. 
  
 8. EFFECTIVE DATE 
  
 This Agreement will be governed by the Laws of the State of Florida and
shall become effective at the close of business on the seventh day following the execution and delivery of the Agreement by the Officer (the “Rescission Period”). At any time during the Rescission Period the Officer may rescind this
Agreement by giving written notice to the Company at its Human Resources Department. 
  

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 9. STATEMENT OF UNDERSTANDING 
  
 THE OFFICER ACKNOWLEDGES THAT HE HAS CAREFULLY READ THIS
AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTY-ONE (21) DAYS, THE COMPANY HAS ADVISED HIM TO CONSULT AN ATTORNEY IF HE DESIRES AND HE HAS BEEN GIVEN THE OPPORTUNITY
TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS
AGREEMENT AS HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO HE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT. 
  
 If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph
in the space provided in the left margin. 
  

			
	  
            
 Initial
            
 Date
	  	  
 THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO
CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS THAT HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING
EXECUTION.

  
 IN
WITNESS WHEREOF, TECO ENERGY, INC. and RICHARD LEHFELDT have caused this instrument to be executed in Tampa, Florida as of the date first written above. 
  
 This Agreement supersedes and replaces any previous version of this agreement or any agreement between
the parties concerning this separation. 
  

					
	WITNESSES:	 	 TECO ENERGY, INC.,
 A FLORIDA
CORPORATION

			
	  

	 	BY:	 	  

	 	 	 	 	Clinton E. Childress
	
	 	 	 	Senior Vice President Corporate
	 	 	 	 	Services and Chief Human Resources
	 	 	 	 	Officer
	
	CAUTION! READ BEFORE SIGNING
			
	  

	 	BY:	 	  

	 	 	 	 	Richard Lehfeldt
	
	 	 DATE SIGNED:

  

 -6-Third Amendment to Amended and Restated Credit and Security Agreement

 Exhibit 10.93 
  
 THIRD AMENDMENT TO AMENDED AND RESTATED 
 CREDIT AND SECURITY AGREEMENT 
  
 This Amendment, dated as of June 10, 2004, is made by and between RF MONOLITHICS, INC., a Delaware corporation (the “Borrower”), and WELLS FARGO BUSINESS CREDIT, INC., a Minnesota corporation (the
“Lender”). 
  
 Recitals 
  
 The Borrower and the Lender are parties to that certain Amended and Restated
Credit and Security Agreement dated as of February 3, 2003, as amended by that certain First Amendment to Amended and Restated Credit and Security Agreement dated as of May 31, 2003, and that certain Second Amendment to Amended and Restated Credit
and Security Agreement dated as of November 26, 2003 (as amended, the “Credit Agreement”). Capitalized terms used in this Amendment which are defined in the Credit Agreement shall have the same meanings as defined therein, unless
otherwise defined herein. 
  
 On December 22, 2003, the Borrower
terminated that certain Amended and Restated Credit Agreement dated as of February 3, 2003, as amended through such termination date, by and between the Borrower and Wells Fargo Bank Minnesota, National Association. The Borrower has requested that
certain amendments be made to the Credit Agreement to reflect such termination as well as certain other changes, which the Lender is willing to make pursuant to the conditions set forth herein. 
  
 NOW, THEREFORE, in consideration of the premises and of the mutual covenants
and agreements herein contained, it is agreed as follows: 
  
 1.
Deletion of Defined Terms. Section 1.1 of the Credit Agreement is amended by deleting therefrom the definitions of “Domestic Collateral,” “Export Collateral,” “Export Related Accounts,” “Wells Fargo Bank
Minnesota,” “Wells Fargo Bank Minnesota Credit Agreement,” “Wells Fargo Bank Minnesota Revolving Advances,” and “WFBCI Export Related Accounts.” 
  
 2. Amendment to Definition of Borrowing Base. Section 1.1 of the Credit Agreement is amended by amending and
restating in its entirety the definition of “Borrowing Base” to read as follows: 
  
 “Borrowing Base” means, at any time the lesser of: 
  
 (a) the Maximum Line; or 
  
 (b)
subject to change from time to time in the Lender’s sole discretion, the sum of: 
  
 (i) 85% of Eligible Accounts, provided that such rate will be reduced by 1% for each percentage point by which Dilution exceeds 5%; plus

 (ii) the lesser of (A) $500,000 or (B) 10% of Eligible Domestic Inventory, provided that
on December 1, 2003, and on the first day of each month thereafter, such rate will be reduced by 1% per month until equal to 0%. 
  
 3. Amendment to Definition of Eligible Accounts. Section 1.1 of the Credit Agreement is amended by amending and restating in its entirety the
definition of “Eligible Accounts” to read as follows: 
  
 “Eligible Accounts” means all unpaid Accounts, net of any credits, except the following shall not in any event be deemed Eligible Accounts: 
  
 (i) That portion of Accounts unpaid 60 days or more after the due date but not to exceed 120 days after the
invoice date; 
  
 (ii) That portion of Accounts
that is disputed or subject to a claim of offset or a contra account; 
  
 (iii) That portion of Accounts not yet earned by the final delivery of goods or rendition of services, as applicable, by the Borrower to the customer; 
  
 (iv) Accounts owed by any unit of government, whether foreign or domestic (provided, however, that there
shall be included in Eligible Accounts that portion of Accounts owed by such units of government for which the Borrower has provided evidence satisfactory to the Lender that (A) the Lender has a first priority perfected security interest and (B)
such Accounts may be enforced by the Lender directly against such unit of government under all applicable laws); 
  
 (v) Accounts owed by an account debtor located outside the United States which are not (A) backed by a bank letter of credit naming the
Lender as beneficiary or assigned to the Lender, in the Lender’s possession and acceptable to the Lender in all respects, in its sole discretion, or (B) covered by a foreign receivables insurance policy acceptable to the Lender in its sole
discretion; 
  
 (vi) That portion of Accounts not
owned by Borrower or subject to any Lien, right, claim or interest of another Person; 
  
 (vii) Accounts owed by an account debtor that is insolvent, the subject of bankruptcy proceedings, is generally not paying its debts as
and when the same become due, or has gone out of business; 
  
 (viii) Accounts owed by a shareholder, Subsidiary, Affiliate, officer or employee of the Borrower; 
  

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 (ix) That portion of Accounts that has been restructured, extended, amended or modified;

  
 (x) That portion of Accounts that constitutes
advertising, finance charges, service charges or sales or excise taxes; 
  
 (xi) Accounts owed by an account debtor, regardless of whether otherwise eligible, if 25% or more of the total amount due under Accounts from such debtor is ineligible under clauses (i), (ii), (vi) or (ix) above; and

  
 (xii) Accounts, or portions thereof,
otherwise deemed ineligible by the Lender in its sole discretion. 
  
 4. Amendment to Definition of Eligible Domestic Inventory. Section 1.1 of the Credit Agreement is amended by amending and restating in its entirety the definition of “Eligible Domestic Inventory” to read as follows:

  
 “Eligible Domestic Inventory” means all Inventory
of the Borrower at the lower of cost or market value as determined in accordance with GAAP; but excluding any Inventory having any of the following characteristics: 
  
 (i) Inventory that is: in-transit; located at any warehouse, job site or other premises not approved by the
Lender in writing; located outside of the states, or localities, as applicable, in which the Lender has filed financing statements to perfect a first priority security interest in such Inventory; covered by any negotiable or non-negotiable warehouse
receipt, bill of lading or other document of title; on consignment from any Person; on consignment to any Person or subject to any bailment unless such consignee or bailee has executed an agreement with the Lender in form and substance satisfactory
to Lender in its sole discretion; 
  
 (ii)
Supplies, packaging, fabricated or maintenance parts or sample Inventory; 
  
 (iii) Work-in-process Inventory; 
  
 (iv) Inventory that is damaged, obsolete, slow moving or not currently saleable in the normal course of the Borrower’s operations; 
  
 (v) Inventory that the Borrower has returned, has attempted to return, is in the process of returning or
intends to return to the vendor thereof; 
  
 (vi)
Inventory that is perishable or live; 
  
 (vii)
Inventory manufactured by the Borrower pursuant to a license unless the applicable licensor has agreed in writing to permit the Lender to exercise its rights and remedies against such Inventory; 
  

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 (viii) Inventory that is subject to a Lien in favor of any Person other than the Lender;
and 
  
 (ix) Inventory otherwise deemed
ineligible by the Lender in its sole discretion. 
  
 5.
Amendment to Definition of Maximum Line. Section 1.1 of the Credit Agreement is amended by amending and restating in its entirety the definition of “Maximum Line” to read as follows: 
  
 “Maximum Line” means $7,500,000, unless said
amount is reduced pursuant to Section 2.12, in which event it means the amount to which said amount is reduced. 
  
 6. Amendment to Section 2.8(d). Section 2.8(d) of the Credit Agreement is amended and restated in its entirety to read as follows: 
  
 (d) Minimum Charge. Subject to Section 2.8(g),
in addition to the provisions of Sections 2.8(a), 2.8(b), 2.8(c), and 2.8(e) of this Agreement, the Borrower shall pay to the Lender on each Interest Payment Date an additional commitment fee equal to the difference, if any, between (i) $10,000.00
per calendar month during the term of this Agreement, and (ii) the amount of interest calculated under Sections 2.8(a), 2.8(b), 2.8(c), and 2.8(e) of this Agreement. 
  
 7. Amendment to Section 2.9(a). Section 2.9(a) of the Credit Agreement is amended and restated in its entirety to
read as follows: 
  
 (a) Unused Line
Fee. For the purposes of this Section 2.9(a), “Unused Amount” means the Maximum Line reduced by (i) outstanding Revolving Advances, and (ii) the L/C Amount. The Borrower agrees to pay to the Lender an unused line fee at the rate of
one-quarter percent (0.25%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on each Interest Payment Date and on the Termination Date. 

 
 8. Amendment to Section 2.19. Section 2.19 of the Credit Agreement
is amended and restated in its entirety to read as follows: 
  
 Section 2.19 Automatic Renewal. Unless terminated (a) by the Lender (i) by giving written notice to the Borrower no less than ninety (90) days prior to the Maturity Date or (ii) in accordance with Section 8.2,
or (b) by the Borrower (i) by giving written notice to the Lender no less than ninety (90) days prior to the Maturity Date or (ii) in accordance with Section 2.12, the Credit Facility shall remain in effect until the Original Maturity Date, and,
thereafter, shall automatically renew for successive one-year periods. “Maturity Date” shall initially mean the Original Maturity Date; provided, however, that if at any time the Credit Facility has been automatically renewed,
“Maturity Date” shall mean the one-year anniversary of the date that was formerly the Maturity Date. 
  

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 9. Amendment to Section 5.9. Section 5.9 of the Credit Agreement is amended by deleting the phrase
“except for the security interest of Wells Fargo Bank Minnesota in the Export Collateral” from the end of the last sentence thereof. 
  
 10. Amendment to Section 6.11. Section 6.11 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

 
 Section 6.11 Lockbox; Collateral Account.

  
 (a) For so long as the Credit Facility is in
existence or any Obligations are outstanding, the Borrower shall irrevocably direct all present and future Account debtors and other Persons obligated to make payments constituting Collateral to make such payments directly to the Lockbox. All of the
Borrower’s invoices, account statements and other written or oral communications directing, instructing, demanding or requesting payment of any Account or any other amount constituting Collateral shall conspicuously direct that all payments be
made to the Lockbox and shall include the Lockbox address. All payments received in the Lockbox shall be processed to the Collateral Account. 
  
 (b) The Borrower agrees to deposit in the Collateral Account or, at the Lender’s option, to deliver to the Lender all collections on
Accounts, contract rights, chattel paper and other rights to payment constituting Collateral, and all other cash proceeds of Collateral, which the Borrower may receive directly notwithstanding its direction to Account debtors and other obligors to
make payments to the Lockbox, immediately upon receipt thereof, in the form received, except for the Borrower’s endorsement when deemed necessary. Until delivered to the Lender or deposited in a Collateral Account, all proceeds or collections
of such Collateral shall be held in trust by the Borrower for and as the property of the Lender and shall not be commingled with any funds or property of the Borrower. 
  
 (c) Amounts deposited in the Collateral Account shall not bear interest and shall not be subject to
withdrawal by the Borrower, except after full payment and discharge of all Obligations. 
  
 (d) All deposits in the Collateral Account shall constitute proceeds of Collateral and shall not constitute payment of the Obligations.
The Lender from time to time at its discretion may, after allowing three (3) Banking Days, apply deposited funds in the Collateral Account to the payment of the Obligations, in any order or manner of application satisfactory to the Lender, by
transferring such funds to the Lender’s general account. 
  
 (e) All items deposited in the Collateral Account shall be subject to final payment. If any such item is returned uncollected, the Borrower will immediately pay the Lender, or, for items deposited in the Collateral
Account, the bank maintaining such account, the amount of that item, or such bank at its discretion may charge any uncollected item to the Borrower’s commercial account or other account. The Borrower shall be liable as an endorser on all items
deposited in the Collateral Account, whether or not in fact endorsed by the Borrower. 
  

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 11. Amendment to Section 7.1(d). Section 7.1(d) of the Credit Agreement is hereby amended and
restated in its entirety to read as follows: “(d) Intentionally deleted;”. 
  
 12. Amendment to Section 8.1(p). Section 8.1(p) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: “(p) Intentionally deleted;”. 
  
 13. No Fee for Pre-Payment of Term Note or Reduction of Maximum Line.
The Lender acknowledges and agrees that no fee will be charged (a) pursuant to Section 2.13(b) of the Credit Agreement for pre-payment of the Term Note or (b) pursuant to Section 2.13(d) for the line reduction fee due under Section 2.13(a) as the
line reduction pursuant to this Amendment is made because of increased cash flow generated from the Borrower’s operations. 
  
 14. Requested Consent. The Borrower has requested that (a) the Lender waive the Minimum Charge pursuant to Section 2.8(d) of the Credit Agreement
for the twelve-month period commencing January 31, 2004 through December 31, 2004, and (b) the Lender reduce the frequency of field examinations, audits and appraisals of the Collateral pursuant to Section 6.20 of the Credit Agreement from once
every quarter to three times per year (collectively, the “Requested Consents”). Provided that no Default or Event of Default occurs, the Lender hereby waives the Minimum Charge pursuant to Section 2.8(d) of the Credit Agreement for
the twelve-month period commencing January 31, 2004 through December 31, 2004. Furthermore, provided that (a) no Default or Event of Default occurs, and (b) Availability calculated on a three-month rolling average for the prior three months is at
least equal to or greater than $1,500,000.00, the Lender hereby consents to the reduction of frequency of field examinations, audits and appraisals of the Collateral pursuant to Section 6.20 of the Credit Agreement from once every quarter to three
times per year. 
  
 The waiver and consents granted herein for the
Requested Consents shall be effective only in the specific instance and for the specific purposes of the Requested Consents, and shall not entitle the Borrower to any other waiver in any similar or other circumstances. The Requested Consents granted
herein shall not be construed as a consent to or waiver of any other Default or Event of Default which may now exist or hereafter occur or any other violation of any term, covenant or provision of the Credit Agreement or any other Loan Document. All
rights and remedies of the Lender are hereby expressly reserved with respect to any other such Default or Event of Default. The Requested Consents granted herein do not affect or diminish the right of the Lender to require strict performance by the
Borrower of each other provision of any Loan Document to which it is a party. All terms and provisions of, and all rights and remedies of the Lender under the Loan Documents shall continue in full force and effect and are hereby confirmed and
ratified in all respects. 
  
 15. No Other Changes. Except
as explicitly amended or modified by this Amendment, all of the terms and conditions of the Credit Agreement shall remain in full force and effect and shall apply to any advance or letter of credit thereunder. 
  

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 16. Conditions Precedent. This Amendment shall be effective as of the date hereof when the Lender
shall have received an executed original hereof, together with each of the following, each in substance and form acceptable to the Lender in its sole discretion: 
  
 (a) A Certificate of the Secretary of the Borrower certifying as to (i) the resolutions of the board of
directors of the Borrower approving the execution and delivery of this Amendment, (ii) the fact that the certificate of incorporation and bylaws of the Borrower, which were certified and delivered to the Lender pursuant to the Certificate of
Secretary dated as of February 3, 2003, continue in full force and effect and have not been amended or otherwise modified except as set forth in the Certificate to be delivered, and (iii) certifying that the officers and agents of the Borrower who
have been certified to the Lender, pursuant to the Certificate of Secretary dated as of February 3, 2003, as being authorized to sign and to act on behalf of the Borrower continue to be so authorized or setting forth the sample signatures of each of
the officers and agents of the Borrower authorized to execute and deliver this Amendment and all other documents, agreements and certificates on behalf of the Borrower. 
  
 (b) Such other matters as the Lender may require. 
  
 17. Representations and Warranties. The Borrower hereby represents and
warrants to the Lender as follows: 
  
 (a) The
Borrower has all requisite power and authority to execute this Amendment and to perform all of its obligations hereunder, and this Amendment has been duly executed and delivered by the Borrower and constitutes the legal, valid and binding obligation
of the Borrower, enforceable in accordance with its terms. 
  
 (b) The execution, delivery and performance by the Borrower of this Amendment have been duly authorized by all necessary corporate action and do not (i) require any authorization, consent or approval by any
governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, (ii) violate any provision of any law, rule or regulation or of any order, writ, injunction or decree presently in effect, having applicability to
the Borrower, or the articles of incorporation or by-laws of the Borrower, or (iii) result in a breach of or constitute a default under any indenture or loan or credit agreement or any other agreement, lease or instrument to which the Borrower is a
party or by which it or its properties may be bound or affected. 
  
 (c) All of the representations and warranties contained in Article V of the Credit Agreement are correct on and as of the date hereof as though made on and as of such date, except to the extent that such
representations and warranties relate solely to an earlier date. 
  
 18. References. All references in the Credit Agreement to “this Agreement” shall be deemed to refer to the Credit Agreement as amended hereby; and any and all references in the Security Documents to the Credit Agreement
shall be deemed to refer to the Credit Agreement as amended hereby. 
  

 -7- 

 19. No Waiver. The execution of this Amendment and acceptance of any documents related hereto
shall not be deemed to be a waiver of any Default or Event of Default, breach or default under the Credit Agreement or breach, default or event of default under any Security Document or other document held by the Lender, whether or not known to the
Lender and whether or not existing on the date of this Amendment. 
  
 20. Release. THE BORROWER HEREBY ABSOLUTELY AND UNCONDITIONALLY RELEASES AND FOREVER DISCHARGES THE LENDER, AND ANY AND ALL PARTICIPANTS, PARENT CORPORATIONS, SUBSIDIARY CORPORATIONS, AFFILIATED CORPORATIONS, INSURERS,
INDEMNITORS, SUCCESSORS AND ASSIGNS THEREOF, TOGETHER WITH ALL OF THE PRESENT AND FORMER DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES OF ANY OF THE FOREGOING, FROM ANY AND ALL CLAIMS, DEMANDS OR CAUSES OF ACTION OF ANY KIND, NATURE OR DESCRIPTION,
WHETHER ARISING IN LAW OR EQUITY OR UPON CONTRACT OR TORT OR UNDER ANY STATE OR FEDERAL LAW OR OTHERWISE, WHICH THE BORROWER HAS HAD, NOW HAS OR HAS MADE CLAIM TO HAVE AGAINST ANY SUCH PERSON FOR OR BY REASON OF ANY ACT, OMISSION, MATTER, CAUSE OR
THING WHATSOEVER ARISING FROM THE BEGINNING OF TIME TO AND INCLUDING THE DATE OF THIS AMENDMENT, WHETHER SUCH CLAIMS, DEMANDS AND CAUSES OF ACTION ARE MATURED OR UNMATURED OR KNOWN OR UNKNOWN. 
  
 21. Costs and Expenses. The Borrower hereby reaffirms its agreement
under the Credit Agreement to pay or reimburse the Lender on demand for all costs and expenses incurred by the Lender in connection with the Loan Documents, including without limitation all reasonable fees and disbursements of legal counsel. Without
limiting the generality of the foregoing, the Borrower specifically agrees to pay all fees and disbursements of counsel to the Lender for the services performed by such counsel in connection with the preparation of this Amendment and the documents
and instruments incidental hereto. The Borrower hereby agrees that the Lender may, at any time or from time to time in its sole discretion and without further authorization by the Borrower, make a loan to the Borrower under the Credit Agreement, or
apply the proceeds of any loan, for the purpose of paying any such fees, disbursements, costs and expenses. 
  
 22. Miscellaneous. This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an
original and all of which counterparts, taken together, shall constitute one and the same instrument. 
  
 23. Governing Law; Jurisdiction, Venue; Waiver of Jury Trial. This Amendment and the Loan Documents shall be governed by and construed in
accordance with the substantive laws (other than conflict laws) of the State of Texas. Each party hereto hereby (i) consents to the 
  

 -8- 

 personal jurisdiction of the state and federal courts located in the State of Texas in connection with any controversy
related to this Amendment; (ii) waives any argument that venue in any such forum is not convenient, (iii) agrees that any litigation initiated by the Lender or the Borrower in connection with this Amendment or the other Loan Documents shall be
venued in either the District Court of Collin County, Texas, or the United States District Court for the Northern District of Texas; and (iv) agrees that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced
in other jurisdictions by suit on the judgment or in any other manner provided by law. THE PARTIES WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED ON OR PERTAINING TO THIS AMENDMENT. 
  
 24. ENTIRE AGREEMENT. THIS AMENDMENT AND ALL OTHER INSTRUMENTS,
DOCUMENTS AND AGREEMENTS EXECUTED AND DELIVERED IN CONNECTION WITH THIS AMENDMENT EMBODY THE FINAL, ENTIRE AGREEMENT AMONG THE PARTIES HERETO AND SUPERSEDE ANY AND ALL PRIOR COMMITMENTS, AGREEMENTS, REPRESENTATIONS AND UNDERSTANDINGS, WHETHER
WRITTEN OR ORAL, RELATING TO THIS AMENDMENT, AND MAY NOT BE CONTRADICTED OR VARIED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OR DISCUSSIONS OF THE PARTIES HERETO. THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES HERETO.

  
 (Signature Page Follows) 
  

 -9- 

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

							
	 WELLS FARGO BUSINESS CREDIT, INC.
	 	 RF MONOLITHICS, INC.

				
	 By
	 	 /s/ Joseph M. Sammons

	 	 By
	 	 /s/ David M. Kirk

	 	 	 Joseph. M. Sammons
	 	 	 	 David M. Kirk

	 	 	 Vice President
	 	 	 	 President

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