Document:

EX-10.1

 Exhibit 10.1 
 DRESSER-RAND GROUP INC. 
 STANDARD TERMS AND CONDITIONS FOR

 RESTRICTED STOCK UNITS 
 These Standard Terms and Conditions apply to any Award of restricted stock units granted to an employee or a nonemployee director of the Company under the Dresser-Rand Group Inc. 2008 Stock Incentive
Plan, as amended (the “Plan”), on or after January 1, 2012, which are evidenced by a Grant Notice or an action of the Committee that specifically refers to these Standard Terms and Conditions and that vest over a period of one year or
less. 
  

	1.	TERMS OF RESTRICTED STOCK UNITS 

 Dresser-Rand Group Inc., a Delaware corporation (the “Company”) has granted to the Grantee named in the Grant Notice provided to said Grantee herewith (the “Grant Notice”) an award of
a number of restricted stock units (the “Award”) specified in the Grant Notice. Each restricted stock unit represents the right to receive one share of the Company’s Common Shares, $0.01 par value per share (the “Common
Shares”), upon the terms and subject to the conditions set forth in the Grant Notice, these Standard Terms and Conditions, and the Plan, each as amended from time to time. For purposes of these Standard Terms and Conditions and the Grant
Notice, any reference to the Company shall, unless the context requires otherwise, include a reference to any Affiliate, as such term is defined in the Plan. Capitalized terms not defined in this document have the meaning given to them in Plan or
Grant Notice. 
  

	2.	VESTING OF RESTRICTED STOCK UNITS 

 The Award shall not be vested as of the Grant Date set forth in the Grant Notice and shall be forfeitable unless and until otherwise vested pursuant to the terms of the Grant Notice and these Standard
Terms and Conditions. After the Grant Date, subject to termination or acceleration as provided in these Standard Terms and Conditions and the Plan, the Award shall become vested as described in the Grant Notice with respect to that number of
restricted stock units as set forth in the Grant Notice. Notwithstanding anything contained in these Standard Terms and Conditions to the contrary: 
  

	 	A.	If the Grantee’s employment or other service terminates by reason of death or Disability before the Restricted Stock Units have vested, the Restricted Stock Units
shall fully vest upon such death or Disability. 

  

	 	B.	Subject to Section 9, if the Grantee’s employment or other service terminates due to the Grantee’s Retirement (as defined in Section 17.C below),
the Restricted Stock Units shall continue to vest under the schedule described in the Grant Notice. 

  

	 	C.	If the Grantee’s employment or other service terminates for any reason other than death, Disability or Retirement, any then unvested Restricted Stock Units held by
the Grantee shall be forfeited and canceled as of the date of such termination. 

  
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	3.	SETTLEMENT OF RESTRICTED STOCK UNITS 

 Vested Restricted Stock Units shall be settled by the delivery to the Grantee or a designated brokerage firm of one Share per vested Restricted Stock Unit as soon as reasonably practicable following the
vesting of such Restricted Stock Units, and in all events no later than March 15 of the year following the year of vesting (unless earlier delivery is required by Section 409A of the Code or delivery is deferred pursuant to a nonqualified
deferred compensation plan in accordance with the requirements of Section 409A of the Code). Notwithstanding the foregoing, to the extent required to comply with Section 409A of the Code, if the Grantee is a “specified employee”
within the meaning of Section 409A of the Code, the delivery of Shares shall be delayed until the six-month anniversary of the Grantee’s separation from service (within the meaning of Section 409A). 

 

	4.	RIGHTS AS STOCKHOLDER 

The Grantee shall have no voting rights or the right to receive any dividends with respect to Common Shares underlying Restricted Stock
Units unless and until such Common Shares are reflected as issued and outstanding shares on the Company’s stock ledger. 
  

	5.	CHANGE IN CONTROL 

[For CEO’s Form: Unless otherwise provided in an employment, severance or other agreement between the Company and the Grantee,
the] [For All Others: The] Restricted Stock Units shall be treated as follows if there is a Change in Control: 
  

	 	A.	If the Restricted Stock Units are not continued, assumed or substituted by the Grantee’s employer (or an Affiliate of such employer) that engages the Grantee
immediately following the Change in Control, the Restricted Stock Units shall fully vest upon the occurrence of the Change in Control. For each Restricted Stock Unit, the Grantee shall receive (i) the consideration (whether stock, cash, or
other securities or property) received in the Change in Control by holders of Common Stock for each share held on the effective date of the Change in Control, (ii) common stock of the successor to the Company with a value equal to the Change in
Control Price, or (iii) cash equal to the Change in Control Price, as determined by the Committee in its discretion. 

  

	 	B.	If the Restricted Stock Units are continued, assumed or substituted by the Grantee’s employer (or an Affiliate of such employer) that engages the Grantee
immediately following the Change in Control, the Restricted Stock Units shall continue to vest as provided in the Grant Notice; provided, however, that if the Grantee’s employment is terminated other than for Serious Misconduct, or the Grantee
resigns for Good Reason, in either case within twelve months following the Change in Control, the Restricted Stock Units shall fully vest upon such termination or resignation. 

For purposes hereof, the Restricted Stock Units shall be considered “assumed” if, following the Change in Control, the
Restricted Stock Units confer the right to receive, 

  
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for each share of Common Stock subject to the Restricted Stock Unit immediately prior to the Change in Control, (i) the consideration (whether stock, cash, or other securities or property)
received in the Change in Control by holders of Common Stock for each share held on the effective date of the Change in Control, or (ii) common stock of the successor to the Company of substantially equivalent economic value to the
consideration received in the Change in Control by holders of Common Stock for each share held on the effective date of the Change in Control (as determined by the Committee in its discretion). The Restricted Stock Units will be considered
“substituted for” if the successor or acquiror replaces the Restricted Stock Units with equity awards of substantially equivalent economic value measured as of the date the Change in Control occurs (as determined by the Committee in its
discretion). 
 Notwithstanding the foregoing, to the extent that Section 409A of the Code applies to the Restricted Stock
Units, any such action shall be consistent with the requirements of Section 409A of the Code. 
  

	6.	RESTRICTIONS ON RESALES OF SHARES 

 The Company may impose such restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any resales by the Grantee or other subsequent transfers by the Grantee of
any Common Shares issued in respect of vested Restricted Stock Units, including without limitation (a) restrictions under an insider trading policy, (b) restrictions designed to delay and/or coordinate the timing and manner of sales by the
Grantee and other holders and (c) restrictions as to the use of a specified brokerage firm for such resales or other transfers. 
  

	7.	INCOME TAXES 

 The Company
shall not deliver shares in respect of any Restricted Stock Units unless and until the Grantee has made arrangements satisfactory to the Committee to satisfy applicable withholding tax obligations. Unless otherwise permitted by the Committee,
withholding shall be effected by withholding Common Shares issuable in connection with the delivery of the Restricted Stock Units. The Grantee acknowledges that the Company shall have the right to deduct any taxes required to be withheld by law in
connection wit the delivery of the Restricted Stock Units from any amounts payable by it to the Grantee (including, without limitation, future cash wages). 
  

	8.	NON-TRANSFERABILITY OF AWARD 

 The Grantee represents and warrants that the Restricted Stock Units are being acquired by the Grantee solely for the Grantee’s own account for investment and not with a view to or for sale in
connection with any distribution thereof. The Grantee further understands, acknowledges and agrees that, except as otherwise provided in the Plan, the Restricted Stock Units may not be sold, assigned, transferred, pledged or otherwise directly or
indirectly encumbered or disposed of except to the extent expressly permitted hereby and at all times in compliance with the U.S. Securities Act of 1933, as amended, and the rules and regulations of the Securities Exchange Commission thereunder, and
in 

  
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compliance with applicable state securities or “blue sky” laws and non-U.S. securities laws. Unless permitted by the Committee, the Restricted Stock Units may not be sold, transferred,
pledged, assigned, or otherwise alienated or hypothecated by the Grantee other than by will or the laws of descent and distribution. 
  

	9.	RESTRICTED ACTIVITIES 

  

	 	A.	By accepting the Restricted Stock Unit, the Grantee acknowledges and agrees that (i) the Company is engaged in a highly competitive business; (ii) the Company
has expended considerable time and resources to develop goodwill with its customers, vendors, and others, and to create, protect, and exploit its Confidential Information (as defined in Section 17.A below); (iii) the Company must continue
to prevent the dilution of its goodwill and unauthorized use or disclosure of its Confidential Information to avoid irreparable harm to its legitimate business interests; (iv) the Grantee’s participation in or direction of the
Company’s day-to-day operations and strategic planning are an integral part of the Company’s continued success and goodwill; (v) in the period between the Grantee’s notice to the Committee of the Grantee’s Retirement and the
date of the Grantee’s Retirement (the “Transition Period”), the Grantee will participate in identifying a successor, transitioning his or her responsibilities to and training a successor, and engaging in other transition activities
(the “Transition Process”); (vi) given the Grantee’s position and responsibilities, including during the Transition Period, he or she necessarily will be relying on and/or creating Confidential Information that belongs to the
Company and enhances the Company’s goodwill; during the Transition Process will be transmitting Confidential Information to his or her successor; and in carrying out his or her responsibilities, including during the Transition Process, the
Grantee in turn will be relying on the Company’s goodwill and the disclosure by the Company to him or her of Confidential Information; (vii) the Grantee will have access to Confidential Information, including concerning the Transition
Process, that could be used by any competitor of the Company in a manner that would irreparably harm the Company’s competitive position in the marketplace and dilute its goodwill; (viii) the Grantee will return to the Company upon
Retirement all the Confidential Information, in whatever form or media and all copies thereof, in his or her possession, custody, or control; (ix) the Company is relying on such representation in providing the Grantee continuing access to
Confidential Information and authorizing him or her to engage in the Transition Process and other activities that will create new and additional Confidential Information during the Transition Period; and (x) absent the Grantee’s agreement
to this Section 9, the Company would not authorize the Grantee to participate in the Transition Process and engage in other activities that provide access to or create new and additional Confidential Information in an unfettered fashion; and
would not provide for the continued vesting of the Restricted Stock Unit upon Retirement as provided for in Section 2. 

  

	 	B.	 The Company, by granting the Restricted Stock Unit, and the Grantee, by accepting the Restricted Stock Unit, thus acknowledge and agree that during the
remaining term of the Grantee’s employment with the Company, including the 

  
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Transition Period, the Grantee (i) will receive Confidential Information that is unique, proprietary, and valuable to the Company; (ii) will rely on and/or create Confidential
Information that is unique, proprietary, and valuable to the Company; and (iii) will benefit, including without limitation by way of increased earnings and earning capacity, from the goodwill the Company has generated and from the Confidential
Information. 

  

	 	C.	The Grantee agrees that he or she shall not use or disclose Confidential Information except (i) as required for the performance of his or her duties to the
Company, (ii) as required by court order or (iii) as specifically permitted in writing by the Company. 

  

	 	D.	By accepting the Restricted Stock Unit, the Grantee acknowledges and agrees that (i) the restrictions contained in this Section 9 are ancillary to an
otherwise enforceable agreement, including without limitation the mutual promises and undertakings set out in Section 9.A and B, the Restricted Stock Unit, and the continued vesting of the Restricted Stock Unit upon Retirement as provided for
in Section 2; (ii) the Company’s promises and undertakings set out in these Standard Terms and Conditions, and in particular Section 9.B, the Grant Notice, and the Plan, and the Grantee’s position and responsibilities with
the Company and his or her promises and undertakings set out in Section 9.A, give rise to the Company’s interest in restricting the Grantee’s post-Retirement activities; (iii) such restrictions are designed to enforce the
Grantee’s promises and undertakings set out in Section 9.A and his or her common-law obligations and duties owed to the Company; (iv) the restrictions are reasonable and necessary, are valid and enforceable, and do not impose a
greater restraint than necessary to protect the Company’s goodwill, Confidential Information, and other legitimate business interests; (v) he or she will immediately notify the Company in writing should he or she believe or be advised that
the provisions of this Section 9 are not, or likely are not, valid and enforceable; (vi) he or she will not challenge the enforceability of this Section 9; (vii) absent the Grantee’s agreement to this Section 9, the
Company would not authorize the Grantee to participate in the Transition Process and engage in other activities that provide access to or create new and additional Confidential Information in an unfettered fashion and would not provide for the
continued vesting of the Restricted Stock Unit upon Retirement as provided for in Section 2. 

  

	 	E.	 The provisions of Section 2 providing for the continued vesting of the Restricted Stock Unit upon Retirement and this Section 9 are mutually
dependent and not severable, and the Grantee acknowledges and agrees that the Company would not provide for the continued vesting of the Restricted Stock Unit upon Retirement as provided for in Section 2 but for the Grantee’s promises set
out in and the enforceability of this Section 9. Accordingly, if Section 9 or any part of it is ever declared to be illegal, invalid, or otherwise unenforceable in any respect by a court of competent jurisdiction, then the Grantee agrees
that (x) the Restricted Stock Units held by the Grantee that have not been settled shall immediately be forfeited and canceled (regardless of whether then vested or unvested) and
(y)

  
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with respect to any Restricted Stock Units that have been settled, the Grantee shall immediately pay to the Company the fair market value of the Shares associated with the settlement of the
Restricted Stock Units at the time of vesting; provided that if the scope of the restrictions in this Section 9 as to time, geography, or scope of activities are deemed by court of competent jurisdiction to exceed the limitations permitted by
applicable law, the Grantee and the Company agree that the restrictions so deemed shall be, and are, automatically reformed to the maximum limitation permitted by such law. 

 

	10.	THE PLAN AND OTHER AGREEMENTS 

 In addition to these Terms and Conditions, the Award shall be subject to the terms of the Plan, which are incorporated into these Standard Terms and Conditions by this reference. Certain capitalized terms
not otherwise defined herein are defined in the Plan. In the event of a conflict between the terms and conditions of these Standard Terms and Condition and the Plan, the Plan controls. 

Subject to the next paragraph, the Grant Notice, these Standard Terms and Conditions and the Plan constitute the entire understanding
between the Grantee and the Company regarding the Award, and any prior agreements, commitments or negotiations concerning the Award are superseded. 
 The Award (including the terms described herein) are subject to the provisions of the Plan and, if the Grantee is outside the U.S., there may be an addendum containing special terms and conditions
applicable to grants in the Grantee’s country. The grant of the Restricted Stock Units to any such Grantee is contingent upon the Grantee executing and returning any such addendum in the manner directed by the Company. 

 

	11.	NOT A CONTRACT FOR EMPLOYMENT 

 Nothing in the Plan, in the Grant Notice, these Standard Terms and Conditions or any other instrument executed pursuant to the Plan shall confer upon the Grantee any right to continue in the
Company’s employ or service nor limit in any way the Company’s right to terminate the Grantee’s employment or other service at any time for any reason. 
  

	12.	SEVERABILITY 

 Except as
provided for in Section 9.E, in the event that any provision of these Standard Terms and Conditions is declared to be illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such provision shall be reformed, if
possible, to the extent necessary to render it legal, valid and enforceable, or otherwise deleted, and the remainder of these Standard Terms and Conditions shall not be affected except to the extent necessary to reform or delete such illegal,
invalid or unenforceable provision. 

  
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	13.	HEADINGS 

 The headings
preceding the text of the sections hereof are inserted solely for convenience of reference, and shall not constitute a part of these Standard Terms and Conditions, nor shall they affect its meaning, construction or effect. 

 

	14.	FURTHER ASSURANCES 

 Each
party shall cooperate and take such action as may be reasonably requested by another party in order to carry out the provisions and purposes of these Standard Terms and Conditions. 

 

	15.	BINDING EFFECT 

 These
Standard Terms and Conditions shall inure to the benefit of and be binding upon the parties hereto and their respective permitted heirs, beneficiaries, successors and assigns. 

 

	16.	ELECTRONIC DELIVERY 

 By
executing the Grant Notice, the Grantee hereby consents to the delivery of information (including, without limitation, information required to be delivered to the Grantee pursuant to applicable securities laws) regarding the Company and the
Subsidiaries, the Plan, and the Restricted Stock Units via Company web site or other electronic delivery. 
  

	17.	DEFINITIONS 

 For purposes
hereof, the following terms shall have the following meanings: 
  

	 	A.	“Confidential Information” shall mean, without limitation, all documents or information, in whatever form or medium, or consisting of knowledge or
“know-how” whether or not recorded in any medium, concerning or evidencing sales; costs; pricing; strategies; forecasts and long range plans; financial and tax information; personnel information (including without limitation compensation,
other terms of employment, or performance other than as concerns solely the Grantee); business, marketing and operational projections, plans, and opportunities; and customer, vendor, and supplier information; but excluding any such information that
is or becomes generally available to the public other than as a result of any unauthorized disclosure or breach of duty by the Grantee. 

  

	 	B.	 “Good Reason” shall mean the Grantee’s resignation from employment from the Company or its successor within sixty (60) days
following the occurrence of (i) a material reduction in the Grantee’s base salary; (ii) a material adverse change in the Grantee’s responsibilities; or (iii) a required relocation of the Grantee’s principal place of
employment by more than thirty-five (35) miles from its location as in effect immediately prior to the Change in Control; provided, that the Grantee shall have provided written notice to the Company or its successor of his

  
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or her intention to resign for Good Reason and the grounds therefor within thirty (30) days following the occurrence of the event constituting Good Reason, and the Company shall have failed
to cure such event within thirty (30) days of receiving such notice. 

  

	 	C.	“Retirement” shall mean the Grantee’s voluntary termination of employment or other service from the Company after the Grantee has attained age sixty-two
and completed at least ten years of continuous service with the Company as of the date of termination or has attained age sixty-five and completed at least five years of continuous service with the Company as of the date of termination.

  

	 	D.	“Serious Misconduct” shall mean the occurrence of any of the following: (i) the material failure or refusal by the Grantee to perform his or her duties
to the Company or its successor (including, without limitation, the Grantee’s inability to perform such duties as a result of alcohol or drug abuse, chronic alcoholism or drug addiction) or to devote substantially all of his or her business
time, attention and energies to the performance of his or her duties to the Company or its successor; (ii) any willful, intentional or grossly negligent act by the Grantee having the effect of materially injuring the interest, business or
prospects of the Company or its successor or any of their Affiliates; (iii) the material violation or material failure by the Grantee to comply with the Company’s or its successor’s material published rules, regulations or policies,
as in effect from time to time; (iv) the Grantee’s conviction of a felony offense or conviction of a misdemeanor offense involving moral turpitude, fraud, theft or dishonesty; (v) any willful or intentional, misappropriation or
embezzlement of the property of the Company or its successor or any of their Affiliates (whether or not a misdemeanor or felony); or (vi) a material breach of Section 9 above by the Grantee; provided, however, that in the event that the
Company or its successor determines to terminate the Grantee’s employment pursuant to clauses (i), (iii) or (vi) of this definition of Serious Misconduct, such termination shall only become effective if the Company or its successor
shall first give the Grantee written notice of such Serious Misconduct, which notice shall identify in reasonable detail the manner in which the Company or its successor believes Serious Misconduct to exist and indicates the steps required to cure
such Serious Misconduct, if curable, and the Grantee shall fail within thirty (30) days of such notice to substantially remedy or correct the same. 

  
 8Lease Agreement

 Exhibit 10.42 
 LEASE AGREEMENT 
 THIS LEASE AGREEMENT is dated this
23rd day of November, 2011, between AVI BioPharma, Inc.,
an Oregon corporation (“Landlord”), and the Tenant named below. 
 Basic Lease Provisions

  

			
	Tenant:	  	PERPETUA POWER SOURCE TECHNOLOGIES, INC., an Oregon corporation (the “Tenant”).
		
	Premises:	  	That portion of the Building (as defined below), containing approximately 25,177 rentable square feet, as determined by Landlord, as shown on Exhibit A attached hereto (the
“Premises”).
		
	Building and Property:	  	The building (the “Building”) located on approximately 2.89 acres at 1749 SW Airport Way, Corvallis, Oregon (the “Property”).
		
	Tenant’s Proportionate Share of
Building:	  	70% (based on 25,177 rentable square feet of the Premises divided by 36,150 rentable square feet of the Building).
		
	Lease Term:	  	Beginning on the Commencement Date (as defined below) and ending on the last day of the sixty-fourth (64th) full calendar month thereafter. Provided no uncured default by Tenant of
any of the provisions or covenants of this Lease exists, Tenant shall have the option to extend the lease for an additional twelve (12) month period as set forth in Paragraph 41.
		
	Commencement Date:	  	November 23, 2011 (the “Commencement Date”).
		
	Monthly Base Rent:	  	The Monthly Base Rent shall be as follows (subject to Paragraph 4 herein):

 

									
					
		 	Months 1 - 4:	    	$0 per month	  		 	
		 	Months 5 - 40:	    	$14,500.00 per month	  		 	
		 	Months 41 -52:	    	$15,000.00 per month	  		 	
		 	Months 53 -64:	    	$15,500.00 per month	  		 	

  

			
		
		  	 Extension term, if option to extend exercised - Months 65 – 76: $16,000.00 per month

 
 Notwithstanding the foregoing, Tenant shall pay no Base Rent for the first 120 days
after the Commencement Date. If the 120th day is not the
first day of the calendar month, the Base Rent for that month shall be prorated as provided in Section 4(a) below.

		
	Security Deposit:	  	$15,500.00 (the “Security Deposit”)
		
	Broker(s):	  	Curt Arthur of Sperry Van Ness Commercial Advisors, LLC
		
	Addenda:	  	Exhibit A (Legal Description of the Property); Exhibit B (Floor Plan); Exhibit C (List of Initial Tenant Improvements); Exhibit D (Environmental Questionnaire);
Exhibit E (Rules and Regulation); Exhibit F (Tenant’s Application to DEQ, Any DEQ Amendments, Modifications or Approvals).

  
 PAGE 1—LEASE
AGREEMENT 

 1. Granting Clause; Lease Term. 

(a) In consideration of the obligation of Tenant to pay rent as herein provided and in consideration of the other terms, covenants, and
conditions hereof, Landlord leases to Tenant, and Tenant leases from Landlord, the Premises, to have and to hold for the Lease Term, subject to the terms, covenants and conditions of this Lease. The term of this Lease shall commence on the
“Commencement Date” specified in or established above, and except as otherwise provided herein, shall continue in full force and effect through the number of months as provided above (the “Lease Term”); provided,
however, that if the Commencement Date is a date other than the first day of a calendar month, the Term shall consist of the remainder of the calendar month including and following the Commencement Date, plus said number of full calendar months. If
this Lease is executed before the Premises become available, and Landlord cannot deliver them by the estimated Commencement Date, or if any required repairs (if any) are not substantially completed by Landlord prior to the scheduled Commencement
Date, this Lease shall not be deemed void or voidable nor shall Landlord be deemed to be in default hereunder, nor shall Landlord be liable for any loss or damage directly or indirectly arising out of such delay. Tenant agrees to accept possession
of the Premises at such time as Landlord is able to tender the same, which date shall thenceforth be deemed the Commencement Date. After the Commencement Date, Tenant shall, upon demand, execute and deliver a letter of acceptance of delivery of the
Premises specifying the Commencement Date. Landlord and Tenant agree that the rentable square footage of the Premises as set forth above and the Building as set forth above shall be conclusive and binding on the parties. 

(b) This Lease is conditioned upon Tenant receiving all required permits for its initial Tenant Improvements listed
on Exhibit C within thirty (30) days after the Commencement Date. Provided that Tenant promptly submits all information and fees required for all such permits upon the Commencement Date and diligently pursues such permits and Tenant fails to
obtain all such permits within the 30-day period, Tenant may terminate this Lease by written notice to Landlord given no later than the 31st day after the Commencement Date. If Tenant fails to obtain the permits within the 30-day period but fails to terminate
this Lease by the 31st day after the Commencement Date,
this condition shall be deemed waived by Tenant. 
 (c) This Lease is also conditioned upon Landlord receiving consent to this
Lease, if required, from Landlord’s lender, the successor in interest to Cowlitz Bank (“Lender”), within thirty (30) days after the Commencement Date. Landlord will use commercially reasonable efforts to obtain Lender’s
consent to this Lease within the 30-day period, if such consent is required by Lender’s loan documents. If Lender’s consent is required and cannot be obtained within thirty (30) days after the Commencement Date, then (unless the
parties agree to extend the deadline) the Lease will be deemed void from its inception. 
 (d) Provided
Tenant is not then in default of any terms and conditions in the Lease, Tenant may terminate the Lease at the end of the thirty-sixth (36th) month of the Term upon 180 days prior written notice to Landlord, together with delivery of a termination fee to
Landlord in an amount equal to the unamortized portion (in accordance with the formula set forth below) of brokerage fees paid by Landlord for this Lease and the amount of TI Allowance paid by Landlord hereunder. 

  
 PAGE 2—LEASE
AGREEMENT 

 Amortization Formula: 

U = A x (RM ÷ LM) 
 WHERE: 
  

			
	U =	 	Unamortized portion of TI Allowance and brokerage fees.
	A =	 	Amount of TI Allowance and brokerage fees, plus simple interest at 5% per annum from the date of this Lease until the date of
termination.

 
			
	LM =	 	Total months during the initial Lease term.
	AND:	 	
	RM =	 	Remaining months to the end of the initial Lease term.

 If Tenant fails to deliver the termination notice to Landlord by the 180th day prior to the end of the 36th month of the Term, Tenant’s termination right shall be waived.

 2. Acceptance of Premises. 
 (a) Subject to Paragraph 2(b) and Paragraph 2(c) below, Tenant shall accept the Premises on the Commencement Date in its “as-is” condition, subject to all applicable laws,
ordinances, regulations, covenants and restrictions, and Landlord shall have no obligation to perform or pay for any repair or other work therein. Landlord has made no representation or warranty as to the suitability of the Premises for the conduct
of Tenant’s business, and Tenant waives any implied warranty that the Premises are suitable for Tenant’s intended purposes. Tenant acknowledges that (1) it has inspected and accepts the Premises in an “As Is, Where Is”
condition, (2) the Building and improvements in the Premises are suitable for the purpose for which the Premises are leased and Landlord has made no warranty, representation, covenant, or agreement with respect to the merchantability or fitness
for any particular purpose of the Premises, (3) the Premises are in good and satisfactory condition, (4) no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by
Landlord, and (5) there are no representations or warranties, expressed, implied or statutory, that extend beyond the description of the Premises. Except as provided in Paragraph 10, in no event shall Landlord have any obligation
for any defects in the Premises or any limitation on its use. The taking of possession of the Premises shall be conclusive evidence that Tenant accepts the Premises and that the Premises were in good condition at the time possession was taken except
for items that are Landlord’s responsibility under Paragraph 10 and any punchlist items agreed to in writing by Landlord and Tenant. 
 (b) Notwithstanding the foregoing, Landlord hereby represents that the existing plumbing, HVAC, lighting, electrical and mechanical systems servicing the Premises (collectively, the “Building
Systems”) shall be in good working order as of the date (the “Occupancy Date”) that Tenant first uses or occupies all or any portion of the Premises, and that Landlord will arrange for service of the HVAC systems within 30
days prior to the Occupancy Date, (except to the extent any defects therein exist as a result of any act or omission of Tenant or Tenant’s agents, employees, contractors, subcontractors, subtenants, assigns, licensees or invitees); provided,
however, if Tenant does not deliver written notice to Landlord of any material defects with respect to the condition of the Building Systems within thirty (30) following the Occupancy Date, then Tenant shall be deemed to have inspected and
accepted the same in their present condition, and the correction of any subsequently discovered defects shall be the obligation of the applicable party pursuant to the other provisions of this Lease. If a material breach of the foregoing
representation exists, and Tenant timely (i.e., within thirty (30) days following the Occupancy Date) delivers written notice to Landlord setting forth in reasonable detail a description of such material breach, Landlord shall, as Tenant’s
sole and exclusive remedy, rectify the same at Landlord’s expense. 

  
 PAGE 3—LEASE
AGREEMENT 

 (c) Notwithstanding the foregoing, in the event that Landlord leases the adjacent 10,973
square feet of the Building to another tenant during the Lease Term, Landlord shall, using materials, guidelines, specifications and procedures designated by Landlord, in its sole and absolute discretion, perform the following work in the Premises
(collectively, the “Landlord Work”) on a one-time basis only at Landlord’s expense: (i) construct demising walls for a common entry area as shown in the attached Exhibit B, which shall include the existing common
restrooms, and install entry doors to the two separate tenant premises; (ii) carpet and paint the common entry area and install seating and a building directory therein with signage for Tenant’s business in the Premises. Until Landlord
provides notice of its intention to demise and complete the common entry area, Tenant may use such space for its business as part of the Premises. Promptly upon such notice from Landlord, the parties shall enter into a lease amendment modifying the
Premises to exclude the common entry area, although Tenant will continue to maintain and provide janitorial service for the common entry area. Tenant shall not (and Tenant shall ensure that its agents, employees, contractors, licensees and invitees
do not) interfere with the performance of the Landlord Work and shall cooperate with Landlord in connection with the performance of the Landlord Work, including, without limitation, by moving any equipment and other property which Landlord or its
contractor may request be moved. Landlord shall be permitted to perform the Landlord Work during Tenant’s occupancy of the Premises, during normal business hours, without any obligation to pay overtime or other premiums. Tenant hereby agrees
that the performance of the Landlord Work shall in no way constitute a constructive eviction of Tenant or entitle Tenant to any abatement of rent payable pursuant to this Lease. Landlord shall have no responsibility for, or for any reason be liable
to, Tenant for any direct or indirect injury to or interference with Tenant’s business arising from the performance of the Landlord Work, nor shall Tenant be entitled to any compensation or damages from Landlord for loss of the use of the whole
or any part of the Premises or of Tenant’s personal property or improvements resulting from the performance of the Landlord Work or Landlord’s or Landlord’s contractor’s or agent’s actions in connection with the performance
of the Landlord Work, or for any inconvenience or annoyance occasioned by the performance of the Landlord Work or Landlord’s or Landlord’s contractor’s or agent’s actions in connection with the performance of the Landlord Work.

 3. Use. 
 (a) Subject to Tenant’s compliance with all zoning ordinances and Legal Requirements (as hereinafter defined), the Premises shall be used only for the purpose of design and manufacturing of power
source technologies, including semiconductor manufacturing, and incidental office use related thereto and for no other purpose without the advance written consent of Landlord; provided, however, no retail sales may be made from the Premises. Tenant
shall not conduct or give notice of any auction, liquidation, or going out of business sale on the Premises. Tenant will use the Premises in a careful, safe and proper manner and will not commit waste, overload the floor, plumbing, electrical
systems or structure of the Premises or subject the Premises to use that would damage the Premises. Tenant shall not permit objectionable or unpleasant odors, smoke, dust, gas, noise, or vibrations to emanate from the Premises at levels in excess of
those permitted by applicable laws, regulations, or use permits, or take any other action that would constitute a nuisance or would unreasonably disturb, interfere with, or endanger Landlord or any tenants of the Property. Outside storage, including
without limitation, storage of trucks and other vehicles, is prohibited without Landlord’s prior written consent. 
 (b)
Tenant, at its sole expense, shall comply with all laws, including, without limitation, the Americans With Disabilities Act, orders, judgments, ordinances, regulations, codes, directives, permits, licenses, covenants and restrictions now or
hereafter applicable to the Premises (collectively, “Legal Requirements”). To Landlord’s knowledge, the Premises currently comply with such Legal Requirements. Tenant shall, at its expense, make any alterations or
modifications, within or without the Premises, that are required by Legal Requirements related to Tenant’s specific use or 

  
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AGREEMENT 

 
occupation of the Premises. Tenant will not use or permit the Premises to be used for any purpose or in any manner that would void Tenant’s or Landlord’s insurance, increase the
insurance risk, or cause the disallowance of any sprinkler credits. If any increase in the cost of any insurance on the Premises or the Property is caused by Tenant’s use or occupation of the Premises, or because Tenant vacates the Premises,
then Tenant shall pay the amount of such increase to Landlord. Any entrance into or occupation of the Premises by Tenant prior to the Commencement Date shall be subject to all obligations of Tenant under this Lease. Tenant represents and warrants to
Landlord that Tenant is currently in compliance with and shall at all times during the Term (including any extension thereof) remain in compliance with the regulations of the Office of Foreign Asset Control (“OFAC”) of the
Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions
with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto. 
 (c)
Tenant and its employees and invitees shall have the non-exclusive right to use, in common with others, any areas designated by Landlord from time to time as common areas for the use and enjoyment of all tenants and occupants of the Property,
subject to such reasonable rules and regulations as Landlord may promulgate from time to time, including those attached hereto as Exhibit E. 
 4. Base Rent. 
 (a) Tenant shall pay Base Rent in the amounts set
forth on the first page of this Lease. The initial monthly Base Rent, the Security Deposit, and the initial monthly installment of Tenant’s Proportionate Share of the estimated Operating Expenses (as hereafter defined) increase over the Base
Year (as hereafter defined) shall be due and payable on the date hereof, and Tenant promises to pay to Landlord in advance, without demand, deduction or set-off, monthly installments of Base Rent on or before the first day of each calendar month
succeeding the Commencement Date. Payments of Base Rent for any fractional calendar month shall be prorated. All payments required to be made by Tenant to Landlord hereunder shall be payable at such address as Landlord may specify from time to time
by written notice delivered in accordance herewith. The obligation of Tenant to pay Base Rent and other sums to Landlord shall constitute rent and the obligations of Landlord under this Lease are independent obligations. Tenant shall have no right
at any time to abate, reduce, or set-off any rent due hereunder except where expressly provided in this Lease. Tenant acknowledges that late payment by Tenant to Landlord of any rent due hereunder will cause Landlord to incur costs not contemplated
by this Lease, the exact amount of such costs being extremely difficult and impractical to determine. Therefore, if Tenant is delinquent in any monthly installment of Base Rent, estimated Operating Expenses or other sums due and payable hereunder
for more than five (5) days, Tenant shall pay to Landlord on demand a late charge equal to five percent (5%) of such delinquent sum. The parties agree that such late charge represents a fair and reasonable estimate of the costs that
Landlord will incur by reason of such late payment by Tenant. The late charge shall be deemed to be rent, and the right to require it shall be in addition to all of Landlord’s other rights and remedies for a payment failure of Tenant, including
the right to charge interest on the past due amount. 
 5. Security Deposit. Concurrently with the execution of
this Lease, Tenant shall deposit with Landlord the Security Deposit in the amount set forth above. The Security Deposit shall be held by Landlord as security for the performance of Tenant’s obligations under this Lease. The Security Deposit is
not an advance rental deposit or a measure of Landlord’s damages in case of Tenant’s default. Upon each occurrence of an Event of Default (hereinafter defined), Landlord may use all or part of the Security Deposit to pay delinquent
payments due under this Lease, and the cost of any damage, injury, expense or liability caused by such Event of Default, without prejudice to any other remedy provided herein or provided by law. Tenant shall pay Landlord on demand the amount that
will restore the 

  
 PAGE 5—LEASE
AGREEMENT 

 
Security Deposit to its original amount. Landlord’s obligation respecting the Security Deposit is that of a debtor, not a trustee; no interest shall accrue thereon. The Security Deposit
shall be the property of Landlord, but shall be paid to Tenant when Tenant’s obligations under this Lease have been completely fulfilled. In the event of a sale or other disposition of the Premises, Landlord will transfer the Security Deposit
to the new owner, and, thereafter, Landlord shall be released by Tenant from all responsibility for returning the Security Deposit, and Tenant shall look solely to the new owner for return of the Security Deposit. If Tenant assigns this Lease,
Tenant’s rights in the Security Deposit shall be deemed to be assigned to the assignee, such Security Deposit shall be held by Landlord as a Security Deposit made by the assignee and Landlord shall have no further responsibility for return of
the Security Deposit to Tenant. Tenant hereby waives the provisions of any law, now or hereafter in effect, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy defaults in the payment of rent,
to repair damage caused by Tenant or to clean the Premises, it being agreed that Landlord may, in addition, claim those sums specified in this Paragraph 5 above and/or those sums reasonably necessary to compensate Landlord for any other
loss or damage, foreseeable or unforeseeable, caused by the acts or omissions of Tenant or any officer, employee, agent, contractor or invitee of Tenant. 
 6. Operating Expense Payments. 
 (a) During each month of the Lease
Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12 of the annual cost, as estimated by Landlord from time to time, of Tenant’s Proportionate Share (hereinafter defined) of the increase over the Base
Year Operating Expenses for the Property. Payments thereof for any fractional calendar month shall be prorated. The “Base Year” for purposes of this Lease is 2011 and for Taxes (defined below) shall mean the 2011-2012 tax year, as
the Taxes may be adjusted for Landlord’s pending appeal as of the date of this Lease. The provisions of this Paragraph 6 shall survive the expiration or earlier termination of the Lease. 

(b) The term “Operating Expenses” means all costs and expenses incurred by Landlord in connection with the
(i) Taxes (hereinafter defined) due and payable each calendar year during the Lease term, and (ii) the cost of insurance maintained by Landlord for the Property for each calendar year during the Lease term. 

(c) Notwithstanding the foregoing, Operating Expenses do not include (i) debt service under mortgages or ground rent under ground
leases; (ii) costs of restoration to the extent of net insurance proceeds received by Landlord with respect thereto; (iii) leasing commissions or the costs of renovating space for tenants; or (iv) any costs or legal fees incurred in
connection with a dispute with any other tenant. 
 (d) If Tenant’s total payments of Operating Expenses for any year are
less than Tenant’s Proportionate Share of actual increase in Operating Expenses for such year over the Base Year, then Tenant shall pay the difference to Landlord within thirty (30) days after demand, and if more, then Landlord shall
retain such excess and credit it against Tenant’s next payments. For purposes of calculating Tenant’s Proportionate Share of Operating Expenses, a year shall mean a calendar year except the first year, which shall begin on the Commencement
Date, and the last year, which shall end on the expiration of this Lease. 
 (e) With respect to Operating Expenses which
Landlord allocates to the entire Property, Tenant’s “Proportionate Share” shall be the percentage set forth on the first page of this Lease as Tenant’s Proportionate Share of the Property as reasonably adjusted by Landlord
in the future for changes in the physical size of the Premises or the Property; and, with respect to Operating Expenses which Landlord allocates only to the Building, Tenant’s “Proportionate Share” shall be the percentage set
forth on the first page of this Lease as Tenant’s Proportionate Share of the Building as reasonably 

  
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AGREEMENT 

 
adjusted by Landlord in the future for changes in the physical size of the Premises or the Building and for differences in Property Taxes due to certain tenants who may qualify for
‘Enterprise Zone’ exclusions. Landlord may equitably increase Tenant’s Proportionate Share for any item of expense or cost reimbursable by Tenant that relates to a repair, replacement, or service that benefits only the Premises or
only a portion of the Property or Building that includes the Premises or that varies with occupancy or use. 
 (f) Provided
that Tenant is not then in default beyond any applicable cure period of its obligations to pay rent, or any other payments required to be made by it under this Lease and provided further that Tenant shall have the right, once each calendar year, to
cause a Qualified Person (as defined below) to reasonably review supporting data for any portion of an actual statement of annual Operating Expenses delivered by Landlord (the “Actual Statement”) (provided, however, Tenant may not
have an audit right to all documentation relating to Building operations as this would far-exceed the relevant information necessary to properly document a pass-through billing statement, but real estate tax statements, and information on utilities,
repairs, maintenance and insurance will be available), in accordance with the following procedure: 
 (i) Tenant shall, within
thirty (30) days after any Actual Statement is delivered, deliver a written notice to Landlord specifying the portions of the Actual Statement that are claimed to be incorrect, and Tenant shall simultaneously pay to Landlord all amounts due
from Tenant to Landlord as specified in the Actual Statement. In no event shall Tenant be entitled to withhold, deduct, or offset any monetary obligation of Tenant to Landlord under the Lease (including without limitation, Tenant’s obligation
to make all payments of rent and all payments of Tenant’s Operating Expenses) pending the completion of and regardless of the results of any review of records under this Paragraph. The right of Tenant under this Paragraph may only be exercised
once for any Actual Statement, and if Tenant fails to meet any of the above conditions as a prerequisite to the exercise of such right, the right of Tenant under this Paragraph for a particular Actual Statement shall be deemed waived. 

(ii) Tenant acknowledges that Landlord maintains its records for the Property at Landlord’s main office, and Tenant agrees that any
review of records under this Paragraph shall be at the sole expense of Tenant and shall be conducted by a Qualified Person. Tenant acknowledges and agrees that any records reviewed under this Paragraph constitute confidential information of
Landlord, which shall not be disclosed to anyone other than the Qualified Person performing the review, the principals of Tenant who receive the results of the review, and Tenant’s accounting employees. The disclosure of such information to any
other person, whether or not caused by the conduct of Tenant, shall constitute a material breach of this Lease. 
 (iii) Any
errors disclosed by the review shall be promptly corrected by Landlord, provided, however, that if Landlord disagrees with any such claimed errors, Landlord shall have the right to cause another review to be made by a Qualified Person. In the event
of a disagreement between the two (2) reviews, the two (2) Qualified Persons who conducted Landlord’s and Tenant’s reviews shall jointly designate a third (3rd) Qualified Person, at Tenant’s sole cost and expense
(except as otherwise indicated in this Lease), to conduct a review of Landlord’s records. The review of such third (3rd) Qualified Person shall be deemed correct and binding upon the parties. In the event that the final results of such
review of Landlord’s records reveal that Tenant has overpaid obligations for the preceding period, the amount of such overpayment shall be credited against Tenant’s subsequent installment obligations to pay the estimated Operating
Expenses; provided, however, if Tenant has overpaid by more than ten percent (10%), Landlord shall pay the reasonable out-of-pocket cost of the review of Landlord’s records by Tenant’s Qualified Person and the reasonable out-of-pocket cost
of the review of Landlord’s records by the third (3rd) Qualified Person. If this Lease has expired, Landlord shall return the amount of such overpayment to Tenant within thirty (30) days after such reviews have been made. In the event
that such results show that Tenant has underpaid its obligations for a preceding period, the amount of such 

  
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AGREEMENT 

 
underpayment shall be paid by Tenant to Landlord with the next succeeding installment obligation of estimated Operating Expenses. A “Qualified Person” means an accountant or other
person experienced in accounting for income and expenses of industrial projects engaged solely by Tenant on terms which do not entail any compensation based or measured in any way upon any savings in rent or reduction in Operating Expenses achieved
through the inspection process. 
 7. Utilities; Janitorial Service. 

(a) Tenant shall timely pay for all water, gas, electricity, heat, light, power, telephone, sewer, sprinkler services, refuse and trash
collection, and other utilities and services used on the Premises (including for the common entry area, if any), all maintenance charges for utilities, and any storm sewer charges or other similar charges for utilities imposed by any governmental
entity or utility provider, together with any taxes, penalties, surcharges or the like pertaining to Tenant’s use of the Premises. Landlord shall have no responsibilities whatsoever in connection with the foregoing. Tenant shall pay its share
of all charges for jointly metered utilities based upon consumption, as reasonably determined by Landlord. No interruption or failure of utilities shall result in the termination of this Lease or the abatement of rent. 

(b) Tenant shall, at its sole cost and expense, contract directly with a janitorial service and shall pay for all janitorial services
used on or for the Premises and the common entry area. Landlord shall have no obligations whatsoever in connection therewith. 

8. Taxes. Landlord shall pay all taxes, assessments, special assessments, improvement districts, and governmental charges
(collectively referred to as “Taxes”) that accrue against the Property during the Lease Term. Taxes shall be included as part of the increase in Operating Expenses over the Base Year charged to Tenant pursuant to
Paragraph 6 hereof during each year of the Lease Term, based upon Landlord’s reasonable estimate of the amount of Taxes, and shall be subject to reconciliation and adjustment pursuant to Paragraph 6 once the actual
amount of Taxes is known. Taxes shall include, without limitation, any increase in any of the foregoing based upon construction of improvements on the Property or changes in ownership (as defined in applicable laws). Landlord may contest by
appropriate legal proceedings the amount, validity, or application of any Taxes or liens thereof and any costs incurred in such contest may be included as part of Taxes. All capital levies or other taxes assessed or imposed on Landlord upon the
rents payable to Landlord under this Lease and any franchise tax, any excise, transaction, sales or privilege tax, assessment, levy or charge measured by or based, in whole or in part, upon such rents from the Premises and/or the Property or any
portion thereof shall be paid by Tenant to Landlord monthly in estimated installments or upon demand, at the option of Landlord, as additional rent; provided, however, in no event shall Tenant be liable for any net income taxes imposed on Landlord
unless such net income taxes are in substitution for any Taxes payable hereunder. If any such tax or excise is levied or assessed directly against Tenant, then Tenant shall be responsible for and shall pay the same at such times and in such manner
as the taxing authority shall require. Tenant shall be liable for all taxes levied or assessed against any personal property or fixtures placed in the Premises, whether levied or assessed against Landlord or Tenant, and if any such taxes are levied
or assessed against Landlord or Landlord’s property and (a) Landlord pays them or (b) the assessed value of Landlord’s property is increased thereby and Landlord pays the increased taxes, then Tenant shall pay to Landlord such
taxes within ten (10) days after Landlord’s request therefor. 
 9. Insurance. 

(a) Landlord shall obtain and maintain the following: (i) all risk property insurance covering the full replacement cost of the
Building (excluding foundations), less a commercially reasonable deductible if Landlord so chooses; and (ii) commercial general liability insurance, which shall 

  
 PAGE 8—LEASE
AGREEMENT 

 
be in such amount as Landlord so determines. Landlord’s insurance shall be in addition to, and not in lieu of, any insurance required to be maintained by Tenant. Landlord shall not be
obligated to insure any furniture, equipment, trade fixtures, machinery, goods, or supplies which Tenant may keep or maintain in the Premises or any alteration, addition, or improvement which Tenant may make upon the Premises. In addition, Landlord
may, but is not obligated to, maintain such other insurance and additional coverages as it may deem necessary, including, but not limited to, flood insurance and rent loss insurance. The premiums for the property insurance shall be included as part
of the Operating Expenses, of which the amount of increase over the Base Year shall be charged to Tenant pursuant to Paragraph 6 hereof. The Property or Building may be included in a blanket policy (in which case the cost of such
insurance allocable to the Property or Building will be determined by Landlord based upon the insurer’s cost calculations). Notwithstanding the foregoing, Tenant shall also reimburse Landlord for any increased premiums or additional insurance
that Landlord reasonably deems necessary as a result of Tenant’s use of the Premises. Tenant shall not be named as an additional insured on any policy of liability insurance maintained by Landlord. 

(b) Effective as of the earlier of: (1) the date Tenant enters or occupies the Premises; or (2) the Commencement Date, and
continuing during the Lease Term, Tenant, at its expense, shall obtain and maintain in full force the following insurance coverage (subject to increases in coverage amounts and additional types of coverage, as reasonably determined by Landlord from
time to time): 
 (i) all risk property insurance including theft, sprinkler leakage and boiler and machinery coverage,
covering the full replacement cost of all property and improvements (including the Tenant Improvements, defined below) installed or placed in the Premises by Tenant or for Tenant’s benefit. Tenant shall use the proceeds from such insurance for
the replacement of trade fixtures, furniture, inventory and other personal property and for the restoration of Tenant’s improvements, alterations, and additions to the Premises. Landlord shall be named as loss payee with respect to alterations,
additions, or improvements of the Premises; 
 (ii) worker’s compensation insurance in accordance with the laws of the
state of Oregon with employer’s liability insurance in an amount not less than $1,000,000; 
 (iii) business interruption,
loss of income and extra expense insurance covering failure of Tenant’s equipment and covering all periods of interruption, with limits not less than one hundred percent (100%) of all charges payable by Tenant under this Lease for a period
of twelve (12) months; 
 (iv) business automobile liability insurance covering owned (if applicable), hired and non-owned
vehicles with limits of $1,000,000 combined single limit per occurrence; 
 (v) commercial general liability insurance which
insures against claims for bodily injury, personal injury, advertising injury, and property damage occurring in or about the Premises. Such commercial general liability insurance shall afford, at a minimum, the following limits: each occurrence:
$1,000,000; general aggregate: $2,000,000 per location; products/completed operations aggregate: $1,000,000; personal and advertising injury liability: $1,000,000; fire damage: $50,000; fire legal liability: $50,000; medical payments: $5,000. Such
commercial general liability insurance shall name Landlord, its trustees, officers, directors, members, agents, and employees, Landlord’s mortgagees, and Landlord’s representatives, as additional insureds. This coverage shall include
blanket contractual liability, broad form property damage liability, premises-operations and products-completed operations and shall contain an exception to any pollution exclusion which insures damage or injury arising out of heat, smoke, or fumes
from a hostile fire, a contractual liability 

  
 PAGE 9—LEASE
AGREEMENT 

 
endorsement, and provide primary coverage to Landlord (any policy issued to Landlord providing duplicate or similar coverage shall be deemed excess over Tenant’s policies). Such insurance
shall be written on an occurrence and not a claims-made basis and contain a standard separation of insureds provision; and 

(vi) umbrella/excess liability insurance, on an occurrence basis, that applies in excess of the required commercial general liability,
business automobile liability, and employer’s liability policies with a minimum limit of $5,000,000 per occurrence and $5,000,000 in the annual aggregate. These limits shall be in addition to and not including those stated for the underlying
commercial general liability, business automobile liability, and employers liability insurance required herein. If it is typically a practice allowed by liability insurers, such excess liability policies shall name Landlord, its trustees, officers,
directors, members, agents, and employees, Landlord’s mortgagees, and Landlord’s representatives as additional insureds. 
 (c) All policies required to be carried by Tenant hereunder shall be issued by and binding upon an insurance company licensed to do business in the state in which the Premises is located with a rating of
at least “A” or better as set forth in the most current issue of Best’s Insurance Reports, unless otherwise approved by Landlord in writing. Tenant shall not do or permit anything to be done that would invalidate the insurance
policies required herein. Liability insurance maintained by Tenant shall be primary coverage without right of contribution by any similar insurance that may be maintained by Landlord. Certificates of insurance, acceptable to Landlord, evidencing the
existence and amount of each insurance policy required hereunder (or, at Landlord’s option, copies of the policies evidencing coverage ) shall be delivered to Landlord prior to delivery or possession of the Premises and within ten
(10) days following each renewal date. Certificates of insurance shall include an endorsement for each policy showing that Landlord, its trustees, officers, directors, members, agents, and employees, Landlord’s mortgagees, and
Landlord’s representatives are included as additional insureds on liability policies and that Landlord is named as loss payee on the property insurance as stated in Paragraph 9(b)(i) above. Further, the certificates must include an
endorsement for each policy whereby the insurer agrees not to cancel, non-renew, or materially alter the policy without prior written notice to Landlord. 
 (d) In the event that Tenant fails to comply with the foregoing insurance requirements or to timely deliver to Landlord copies of such policies and certificates evidencing the coverage required herein,
Landlord, in addition to any remedy available pursuant to this Lease or otherwise, may, but shall not be obligated to, obtain such insurance and Tenant shall pay to Landlord on demand all costs thereof, plus an administrative fee of five percent
(5%) of such costs. 
 (e) The limits of insurance required by this Lease, or as carried by Tenant, shall not limit the
liability of Tenant or relieve Tenant of any obligation thereunder. Any deductibles selected by Tenant shall be the sole responsibility of Tenant. 
 (f) Should Tenant engage the services of any contractor to perform work in the Premises, Tenant shall ensure that such contractor carries commercial general liability (including completed operations
coverage for a period of three (3) years following completion of the work), business automobile liability, umbrella/excess liability, worker’s compensation and employers liability coverages in substantially the same amounts as are required
of Tenant under this Lease. Such contractor shall name Landlord, its trustees, officers, directors, members, agents and employees, Landlord’s mortgagees and Landlord’s representatives as additional insureds on the liability policies
required hereunder. 
 All policies required to be carried by any such contractor shall be issued by and binding upon an
insurance company licensed to do business in the state in which the Premises is located with a rating of at least “A” or better as set forth in the most current issue of Best’s Insurance

  
 PAGE 10—LEASE
AGREEMENT 

 
Reports, unless otherwise approved by Landlord. Certificates of insurance, acceptable to Landlord, evidencing the existence and amount of each insurance policy required hereunder shall be
delivered to Landlord prior to the commencement of any work in the Premises. Further, the certificates must include an endorsement for each policy whereby the insurer agrees not to cancel, non-renew, or materially alter the policy without at least
ten (10) days’ prior written notice to Landlord. The above requirements shall apply equally to any subcontractor engaged by contractor. 
 (g) The all risk property insurance obtained by Landlord and Tenant shall include a waiver of subrogation by the insurers and all rights based upon an assignment from its insured, against Landlord or
Tenant, their officers, directors, employees, managers, agents, invitees and contractors, in connection with any loss or damage thereby insured against. The failure of a party to insure its property shall not void this waiver. Notwithstanding
anything to the contrary contained herein, Tenant hereby waives any claims against Landlord, and its officers, directors, employees, managers, agents, invitees and contractors for any loss or damage insured against or required to be insured against
hereunder (whether by self-insurance or otherwise), regardless of whether the negligence or fault of Landlord caused such loss. Landlord hereby waives any claims against Tenant, and its officers, directors, employees, managers, agents, invitees and
contractors for any loss or damage insured against or required to be insured against hereunder to the extent insurance proceeds are received therefor, regardless of whether the negligence or fault of Tenant caused such loss; however, Landlord’s
waiver shall not apply to any deductible amounts maintained by Landlord under its insurance. 
 10. Landlord’s
Repairs. Landlord shall maintain and repair only the roof, foundation piers, structural members of the exterior walls of the Building, and water and sewer lines up to points of common connection in good repair, reasonable wear and tear and
uninsured losses and damages caused by Tenant, its agents, employees, contractors, licensees and invitees excluded. In addition, Landlord shall replace the HVAC equipment serving the Premises if it needs replacement during the Lease Term but Tenant
is responsible for HVAC maintenance. The term “walls” as used in this Paragraph 10 shall not include windows, glass or plate glass, doors or overhead doors, special store fronts, dock bumpers, dock plates or levelers, or
office entries, all of which shall be maintained by Tenant. Tenant shall promptly give Landlord written notice of any repair required by Landlord pursuant to this Paragraph 10, after which Landlord shall have a reasonable opportunity to
repair such item. Landlord shall also maintain in good repair and condition the parking areas and other common areas of the Building, including, but not limited to the common entry area and driveways serving the Premises. Tenant hereby waives the
benefit of any statute providing a right to make repairs and deduct the cost thereof from the rent. 
 11. Tenant’s
Repairs and Maintenance. 
 (a) Tenant, at its sole expense, shall repair, replace and maintain in good condition and
in compliance with all Legal Requirements the landscaping at the Property and all portions of the Premises and all areas, improvements and systems exclusively serving the Premises including, without limitation, the reinforced concrete pad to be
installed by Tenant on the North side of the Building, dock, dock equipment and loading areas, truck doors, plumbing, water and sewer lines from the point of common connection to and including within the Premises, fire sprinklers and fire protection
systems, entries, doors, ceilings, windows, interior walls, and the interior side of demising walls, and lighting, heating, ventilation and air conditioning systems (except for replacement of the HVAC equipment), and other building and mechanical
systems serving the Premises. Such repair and replacements include capital expenditures and repairs whose benefit may extend beyond the Term. In addition, Tenant shall repair all uninsured damage to the Property caused by Tenant, its agents,
employees, contractors, licensees and invitees. Tenant, at Tenant’s expense, shall enter into maintenance service contracts for the maintenance and repair of the heating, ventilation and air conditioning systems and other mechanical and

  
 PAGE 11—LEASE
AGREEMENT 

 
building systems serving the Premises; provided, however, at Landlord’s written election (but at Tenant’s expense), Landlord shall have the right (but not the obligation) to enter into
such maintenance service contracts at Tenant’s expense. The scope of services and contractors under such maintenance contracts shall be subject to Landlord’s prior written approval. 

(b) In the event that any repair or maintenance obligation required to be performed by Tenant hereunder may affect the structural
integrity of the Building (e.g., roof, foundation, structural members of the exterior walls), prior to commencing any such repair, Tenant shall provide Landlord with written notice of the necessary repair or maintenance and a brief summary of the
structural component or components of the Building that may be affected by such repair or maintenance. Within ten (10) business days after Landlord’s receipt of Tenant’s written notice, Landlord shall have the right, but not the
obligation, to elect to cause such repair or maintenance to be performed by Landlord, or a contractor selected and engaged by Landlord, but at Tenant’s sole cost and expense. The foregoing sentence is not intended to obligate Tenant to pay for
repairs or maintenance to those structural items which are Landlord’s responsibility pursuant to Paragraph 10 above, but shall only require Tenant to pay for the repair and maintenance to such structural components to the extent
such repair or maintenance is necessitated due to the performance of Tenant’s repair and maintenance obligations pursuant to this Paragraph 11. 
 (c) Within the fifteen (15) day period prior to the expiration or termination of this Lease, Tenant shall deliver to Landlord a certificate from an engineer reasonably acceptable to Landlord
certifying that the hot water equipment and the HVAC system are then in good repair and working order. If Tenant fails to perform any repair or replacement for which it is responsible, Landlord may perform such work and be reimbursed by Tenant
within ten (10) days after demand therefor. Subject to Paragraphs 9 and 15, Tenant shall bear the full cost of any repair or replacement to any part of the Building or Property that results from damage caused by Tenant, its agents,
contractors, or invitees and any repair that benefits only the Premises. 
 12. Tenant Improvements and Trade
Fixtures. 
 (a) Any alterations, additions, or improvements made by or on behalf of Tenant to the Premises
(“Tenant Improvements”) shall be subject to Landlord’s prior written consent. Tenant shall cause, at its expense, all Tenant Improvements to comply with insurance requirements and with Legal Requirements and shall construct at
its expense any alteration or modification required by Legal Requirements as a result of any Tenant Improvements. 
 (b) All
Tenant Improvements shall be constructed in a good and workmanlike manner by contractors reasonably acceptable to Landlord and only good grades of materials shall be used. All plans and specifications for any Tenant Improvements shall be submitted
to Landlord for its approval in advance of commencement of the work (including, without limitation, plans and specifications for Tenant’s initial Tenant Improvements), including any changes to approved plans and specifications. Tenant’s
itemized list of its intended initial Tenant Improvements is attached hereto as Exhibit C. All work shall be done in conformity with a valid building permit when required, a copy of which shall be furnished to Landlord before such work is commenced.
Landlord may monitor construction of the Tenant Improvements. Landlord’s right to review plans and specifications and to monitor construction shall be solely for its own benefit, and Landlord shall have no duty to see that such plans and
specifications or construction comply with applicable laws, codes, rules and regulations. Notwithstanding any failure by Landlord to object to any such work, Landlord shall have no responsibility for Tenant’s failure to comply with all
applicable governmental regulations. 

  
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AGREEMENT 

 (c) All work must be performed by licensed contractors approved in advance by Landlord,
which consent shall not be unreasonably withheld. Tenant shall provide Landlord with the identities and mailing addresses of all persons performing work or supplying materials, prior to beginning such construction, and Landlord may post on and about
the Premises notices of non-responsibility pursuant to applicable law. Tenant shall furnish security or make other arrangements satisfactory to Landlord to assure payment for the completion of all work free and clear of liens and shall provide
certificates of insurance for worker’s compensation and other coverage in amounts and from an insurance company satisfactory to Landlord protecting Landlord against liability for personal injury or property damage during construction. Upon
completion of any Tenant Improvements, Tenant shall deliver to Landlord statements setting forth the names of all contractors and subcontractors who did work on the Tenant Improvements and final lien waivers from all such contractors and
subcontractors. 
 (d) Upon surrender of the Premises, all Tenant Improvements and any leasehold improvements constructed by
Landlord or Tenant shall remain on the Premises as Landlord’s property, except to the extent Landlord requires removal at Tenant’s expense of any such items or Landlord and Tenant have otherwise agreed in writing in connection with
Landlord’s consent to any Tenant Improvements. Tenant may remove any Tenant Improvements which are integral or directly related to its manufacturing process. Prior to the expiration or termination of this Lease, Tenant, at its sole expense,
shall repair any and all damage caused by such removal. 
 (e) Tenant, at its own cost and expense and without Landlord’s
prior approval, may erect such shelves, bins, machinery and trade fixtures (collectively “Trade Fixtures”) in the ordinary course of its business provided that such items do not alter the basic character of the Premises, do not
overload or damage the Premises, and may be removed without injury to the Premises, and the construction, erection, and installation thereof complies with all Legal Requirements and with Landlord’s requirements set forth above. Prior to the
expiration or termination of this Lease, Tenant, at its sole expense, shall remove its Trade Fixtures and shall repair any and all damage caused by such removal. 
 (f) Landlord agrees to pay up to an amount equal to $125,000.00 (the “TI Allowance”) for the costs, fees and expenses incurred in connection with design, planning and providing Tenant
Improvements to the Premises, in accordance with final space plans approved by Landlord. The TI Allowance shall be paid after completion of the Tenant Improvements upon presentation to Landlord of invoices for work performed in a manner satisfactory
to Landlord, together with executed construction lien waivers in form acceptable to Landlord. Landlord reserves the right to pay the TI Allowance directly to those performing work or providing materials for the Tenant Improvements or to pay the TI
Allowance by joint check. 
 13. Signs. All signs, decorations, advertising media, blinds, draperies and other
window treatment or bars or other security installations visible from outside the Premises shall be subject to Landlord’s prior written approval and shall conform in all respects to Landlord’s requirements. Tenant shall not make any
changes to the exterior of the Premises, install any exterior lights, decorations, balloons, flags, pennants, banners, or painting, or erect or install any signs, windows or door lettering, placards, decorations, or advertising media of any type
which can be viewed from the exterior of the Premises, without Landlord’s prior written consent, which can be withheld in Landlord’s reasonable discretion. Landlord shall not be required to notify Tenant of whether it consents to any sign
until it (a) has received detailed, to-scale drawings thereof specifying design, material composition, color scheme, and method of installation, and (b) has had a reasonable opportunity to review them. Upon surrender or vacation of the
Premises, Tenant shall have removed all signs and repair, paint, and/or replace the building facia surface to which its signs are attached. Tenant shall obtain all applicable governmental permits and approvals for sign and exterior treatments.
Within a reasonable time after the Commencement Date, Landlord will have existing ‘ElectroGlas’ sign removed from the building. 

  
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AGREEMENT 

 14. Parking. Tenant shall be entitled to park vehicles in common with other
tenants of the Property in those areas designated by Landlord for nonreserved parking, on a first come, first served basis, subject to Tenant’s obligation to comply with all Legal Requirements, the terms of this Lease and all rules and
regulations which are prescribed from time to time by Landlord. From time to time, Landlord may allocate the number of parking spaces among Tenant and other tenants in the Property, any such allocation to be generally proportional to square footage
under lease, and to include spaces in both the front and rear of the building. Landlord shall not be responsible for enforcing Tenant’s parking rights against any third parties. 

15. Restoration. 
 (a) If at any time during the Lease Term the Premises are damaged by a fire or other casualty, Landlord shall notify Tenant within sixty (60) days after such damage as to the amount of time Landlord
reasonably estimates it will take to restore the Premises. If the restoration time is estimated to exceed 180 days from the date Landlord receives all permits, approvals, and licenses required to begin reconstruction, either Landlord or Tenant may
elect to terminate this Lease upon notice to the other party given no later than thirty (30) days after Landlord’s notice. If neither party elects to terminate this Lease or if Landlord estimates that restoration will take 180 days or
less, then, subject to receipt of sufficient insurance proceeds, Landlord shall promptly restore the Premises excluding the Tenant Improvements installed by Tenant or by Landlord and paid by Tenant, subject to delays arising from the collection of
insurance proceeds or from Force Majeure events (defined below). Tenant at Tenant’s expense shall promptly perform, subject to delays arising from the collection of insurance proceeds, or from Force Majeure events, all repairs or restoration
not required to be done by Landlord and shall promptly re-enter the Premises and commence doing business in accordance with this Lease. Base Rent shall be abated for the period of repair and restoration in the proportion which the area of the
Premises, if any, which is not usable by Tenant bears to the total area of the Premises. Notwithstanding the foregoing, either party may terminate this Lease upon thirty (30) days written notice to the other if the Premises are damaged during
the last year of the Lease Term and Landlord reasonably estimates that it will take more than thirty (30) days to repair such damage. Tenant shall pay to Landlord, within ten (10) days following Landlord’s demand therefor, the amount
of the deductible under Landlord’s insurance policy. If the damage involves portions of the Building other than the Premises, Tenant shall pay only a portion of the deductible based on the ratio of the costs of repairing the damage to the
Premises to the total cost of repairing all of the damage to the Building. 
 (b) If the Premises are destroyed or
substantially damaged by any peril not covered by the insurance maintained by Landlord or any Landlord’s mortgagee requires that insurance proceeds be applied to the indebtedness secured by its mortgage (defined hereinafter), Landlord or Tenant
may terminate this Lease by delivering written notice of termination to the other party within thirty (30) days after such destruction or damage or such requirement is made known by any such Landlord’s mortgagee, as applicable, whereupon
all rights and obligations hereunder shall cease and terminate, except for any liabilities of Tenant which accrued prior to Lease termination. If Landlord elects to repair or restore such damage or destruction, this Lease shall continue in full
force and effect, but Base Rent and Operating Expenses shall be proportionately reduced as provided in Paragraph 15(a). If Landlord elects to terminate this Lease, such termination shall be effective as of the date of the occurrence of
such damage or destruction. 
 (c) Notwithstanding the foregoing, if the Premises or the Property are wholly or partially
damaged or destroyed as a result of the negligence or willful misconduct or omission of Tenant, Tenant shall forthwith diligently undertake to repair or restore all such damage or destruction at Tenant’s sole cost and expense, or Landlord may
at its option undertake such repair or restoration at Tenant’s sole cost and expense; provided, however, that Tenant shall be relieved of its repair and payment 

  
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AGREEMENT 

 
obligations pursuant to this Paragraph 15(c) to the extent that insurance proceeds are collected by Landlord to repair such damage, although Tenant shall in such events pay to
Landlord the full amount of the deductible under Landlord’s insurance policy and any amounts not insured. This Lease shall continue in full force and effect without any abatement or reduction in Base Rent or Operating Expenses or other payments
owed by Tenant. 
 (d) The provisions of this Paragraph 15 shall constitute Tenant’s sole and exclusive remedy
in the event of damage or destruction to the Premises or Property, and Tenant waives and releases all statutory rights and remedies in favor of Tenant in the event of damage or destruction. No damages, compensation or claim shall be payable by
Landlord for any inconvenience, any interruption or cessation of Tenant’s business, or any annoyance, arising from any damage or destruction of all or any portion of the Premises or Property. 

16. Condemnation. If any part of the Premises or the Property should be taken for any public or quasi-public use under
governmental law, ordinance, or regulation, or by right of eminent domain, or by private purchase in lieu thereof (a “Taking” or “Taken”), and (a) the Taking would prevent or materially interfere with
Tenant’s use of the Premises, (b) in Landlord’s judgment would materially interfere with or impair its ownership or operation of the Property or (c) as a result of such Taking, Landlord’s mortgagee accelerates the payment of
any indebtedness securing all or a portion of the Property, then upon written notice by Landlord this Lease shall terminate and Base Rent shall be apportioned as of said date. If part of the Premises shall be Taken, and this Lease is not terminated
as provided above, the Base Rent payable hereunder during the unexpired Lease Term shall be reduced to such extent as may be fair and reasonable under the circumstances, and Landlord shall restore the Premises as near as reasonably attainable to its
condition prior to the Taking; provided, however, Landlord’s obligation to so restore the Premises shall be limited to the award Landlord receives in respect of such Taking that is not required to be applied to the indebtedness secured by a
mortgage. In the event of any such Taking, Landlord shall be entitled to receive the entire price or award from any such Taking without any payment to Tenant, and Tenant hereby assigns to Landlord Tenant’s interest, if any, in such award,
including, without limitation any award for a Taking of Tenant’s leasehold interest hereunder. Tenant shall have the right, to the extent that same shall not diminish Landlord’s award, to make a separate claim against the condemning
authority (but not Landlord) for such compensation as may be separately awarded or recoverable by Tenant for moving expenses and damage to Tenant’s Trade Fixtures, if a separate award for such items is made to Tenant. This paragraph shall be
Tenant’s sole and exclusive remedy in the event of any taking and Tenant hereby waives any rights and the benefits of any statute granting Tenant specific rights in the event of a Taking which are inconsistent with the provisions of this
Paragraph. 
 17. Assignment and Subletting. 

(a) Without Landlord’s prior written consent, Tenant shall not assign this Lease or sublease all of the Premises or mortgage,
pledge, or hypothecate its leasehold interest or grant any concession or license within the Premises (each being a “Transfer”) and any attempt to do any of the foregoing shall be void and of no effect. For purposes of this
Paragraph 17, a transfer of fifty percent (50%) or more of the ownership interests in Tenant shall be deemed a Transfer of this Lease unless such ownership interests are publicly traded. Tenant shall reimburse Landlord for all of
Landlord’s reasonable out-of-pocket expenses in connection with reviewing any Transfer. Upon Landlord’s receipt of Tenant’s written notice of a desire to assign or sublet all of the Premises, Landlord may, by giving written notice to
Tenant within thirty (30) days after receipt of Tenant’s notice, terminate this Lease, as of the date specified in Tenant’s notice for the commencement of the proposed assignment or sublease and Landlord may enter into a lease
directly with the proposed assignee or subtenant or any other party thereafter. Tenant acknowledges and agrees that Landlord may withhold its consent to any proposed assignment or 

  
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AGREEMENT 

 
subletting for any reasonable basis including, but not limited to: (a) Tenant is in default of this Lease; (b) the assignee or subtenant is unwilling to assume in writing all of
Tenant’s obligations hereunder; (c) the assignee or subtenant has a financial condition which is reasonably unsatisfactory to Landlord or Landlord’s mortgagee; (d) the Premises will be used for different purposes than those set
forth in Section 3(a) or for a use requiring or generating Hazardous Materials, or (e) the proposed assignee or subtenant or an affiliate thereof is an existing tenant in the Property or is or has been in discussions with Landlord
regarding space within the Property. Notwithstanding the above, Tenant may sublet a portion of the Premises upon at least ten (10) days written notice to Landlord, including the identity and contact information for the subtenant. 

(b) Notwithstanding any Transfer, Tenant and any guarantor or surety of Tenant’s obligations under this Lease shall at all times
remain fully responsible and liable for the payment of the rent and for compliance with all of Tenant’s other obligations under this Lease (regardless of whether Landlord’s approval has been obtained for any such Transfer). In the event
that the rent due and payable by a sublessee or assignee (or a combination of the rental payable under such sublease or assignment plus any bonus or other consideration therefor or incident thereto) exceeds the rental payable under this Lease, then
Tenant shall be bound and obligated to pay Landlord as additional rent hereunder one-half (1/2) of such excess rental and other excess consideration within ten (10) days following receipt thereof by Tenant. If such Transfer is for less
than all of the Premises, such excess rental and other excess consideration shall be calculated on a rentable square foot basis. 
 (c) If this Lease is assigned or if the Premises is subleased (whether in whole or in part) or in the event of the mortgage, pledge, or hypothecation of Tenant’s leasehold interest or grant of any
concession or license within the Premises or if the Premises be occupied in whole or in part by anyone other than Tenant, then upon a default by Tenant hereunder Landlord may collect rent from the assignee, sublessee, mortgagee, pledgee, party to
whom the leasehold interest was hypothecated, concessionee or licensee or other occupant and, except to the extent set forth in the preceding subparagraph, apply the amount collected to the next rent payable hereunder; and all such rentals collected
by Tenant shall be held in trust for Landlord and immediately forwarded to Landlord. No such transaction or collection of rent or application thereof by Landlord, however, shall be deemed a waiver of these provisions or a release of Tenant from the
further performance by Tenant of its covenants, duties, or obligations hereunder. Any approved assignment or sublease shall be expressly subject to the terms and conditions of this Lease. Landlord’s consent to any Transfer shall not waive
Landlord’s rights as to any subsequent Transfers. Notwithstanding anything to the contrary contained in this Lease, if Tenant or any proposed transferee claims that Landlord has unreasonably withheld or delayed its consent under this Paragraph
17 or otherwise has breached or acted unreasonably under this Paragraph 17, their sole remedies shall be a declaratory judgment and an injunction for the relief sought without any monetary damages, and Tenant hereby waives all other remedies,
including, without limitation, any right at law or equity to terminate this Lease, on its own behalf and, to the extent permitted under all applicable laws, on behalf of the proposed transferee. 

18. Indemnification. Tenant agrees to indemnify, defend (with counsel reasonably acceptable to Landlord) and hold harmless
Landlord, and Landlord’s agents, employees and contractors, from and against any and all claims, demands, losses, liabilities, causes of action, suits, judgments, damages, costs and expenses (including attorneys’ fees) (collectively,
“Claims”), arising from any occurrence in or about the Premises, the use and occupancy of the Premises, or from any activity, work, or thing done, permitted or suffered by Tenant, its agents, employees, contractors, shareholders, partners,
invitees, subtenants or assignees in or about the Premises or due to any other act or omission of Tenant, its subtenants, assignees, invitees, employees, contractors and agents, or from Tenant’s failure to perform its obligations under this
Lease (other than any loss arising from the sole or gross negligence of Landlord or its agents), even though caused or alleged to be caused by the joint, comparative, or concurrent 

  
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AGREEMENT 

 
negligence or fault of Landlord or its agents, and even though any such claim, cause of action, or suit is based upon or alleged to be based upon the strict liability of Landlord or its agents.
This indemnity provision is intended to indemnify Landlord and its agents against the consequences of their own negligence or fault as provided above when Landlord or its agents are jointly, comparatively, or concurrently negligent with Tenant. This
indemnity provision shall survive termination or expiration of this Lease. The furnishing of insurance required hereunder shall not be deemed to limit Tenant’s obligations under this Paragraph 18. Landlord shall not be liable to
Tenant, and Tenant hereby waives all Claims against Landlord and the other indemnified parties, for any damages arising from any act, omission or neglect of any other tenant in the Property and in no event shall Landlord or any of the other
indemnified parties be liable for any injury or interruption to Tenant’s business or any loss of income therefrom under any circumstances and neither Landlord nor any of the other indemnified parties shall be liable for any indirect or
consequential losses or damages suffered by Tenant. 
 19. Inspection and Access. Landlord and its agents,
representatives, and contractors may enter the Premises at any reasonable time to inspect the Premises and to make such repairs as may be required or permitted pursuant to this Lease and for any other business purpose. Landlord and Landlord’s
representatives may enter the Premises during business hours, with timing to be arranged at least twenty-four (24) hours in advance, for the purpose of showing the Premises to prospective purchasers or, during the last year of the Lease Term,
to prospective tenants. During the last year of the Lease Term, Landlord may erect a suitable sign on the Premises stating the Premises are available to let or that the Property is available for sale. Landlord may grant easements, make public
dedications, designate common areas and create restrictions on or about the Premises, provided that no such easement, dedication, designation or restriction materially interferes with Tenant’s use or occupancy of the Premises. At
Landlord’s request, Tenant shall execute such instruments as may be necessary for such easements, dedications or restrictions. 
 20. Quiet Enjoyment. If Tenant shall perform all of the covenants and agreements herein required to be performed by Tenant, Tenant shall, subject to the terms of this Lease, any ground
lease, mortgage or deed of trust now or hereafter encumbering the Premises and all matters of record, at all times during the Lease Term, have peaceful and quiet enjoyment of the Premises against any person claiming by, through or under Landlord,
but not otherwise. 
 21. Surrender. No act by Landlord shall be an acceptance of a surrender of the Premises, and
no agreement to accept a surrender of the Premises shall be valid unless it is in writing and signed by Landlord. Upon termination of the Lease Term or earlier termination of Tenant’s right of possession, Tenant shall surrender the Premises to
Landlord in the same condition as received, broom clean, ordinary wear and tear and casualty loss and condemnation covered by Paragraphs 15 and 16 excepted. Any Trade Fixtures, Tenant Improvements and property not so removed by Tenant as
permitted or required herein shall be deemed abandoned and may be stored, removed, and disposed of by Landlord at Tenant’s expense, and Tenant waives all claims against Landlord for any damages resulting from Landlord’s retention and
disposition of such property. All obligations of Tenant hereunder not fully performed as of the termination of the Lease Term shall survive the termination of the Lease Term, including without limitation, indemnity obligations, payment obligations
with respect to Operating Expenses and all obligations concerning the condition and repair of the Premises. 
 22. Holding
Over. If Tenant fails to vacate the Premises after the termination of the Lease Term, Tenant shall be a tenant at will or at sufferance, and Tenant shall pay, in addition to any other rent or other sums then due Landlord, a daily base rental
equal to 200% of the Base Rent in effect on the expiration or termination date, computed on a monthly basis for each month or part thereof during such holdover, even if Landlord consents to such holdover (which consent shall be effective only if in
writing). All other payments shall continue under the terms of this Lease. Tenant shall also be liable for all Operating Expenses incurred during such holdover period. In addition, Tenant shall be liable for all

  
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AGREEMENT 

 
damages (including attorneys’ fees and expenses) of whatever type (including consequential damages) incurred by Landlord as a result of such holding over. No holding over by Tenant, whether
with or without consent of Landlord, shall operate to extend this Lease except as otherwise expressly provided, and this Paragraph 22 shall not be construed as consent for Tenant to retain possession of the Premises. 

23. Events of Default. Each of the following events shall be an event of default (“Event of Default”) by
Tenant under this Lease: 
 (i) Tenant shall fail to pay any installment of Base Rent or any other payment required herein when
due, and such failure shall continue for a period of five (5) days from the date such payment was due. 
 (ii) Tenant or
any guarantor or surety of Tenant’s obligations hereunder shall (A) make a general assignment for the benefit of creditors; (B) commence any case, proceeding or other action seeking to have an order for relief entered on its behalf as
a debtor or to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of it or its debts or seeking appointment of a receiver, trustee, custodian or other similar official
for it or for all or of any substantial part of its property (collectively a “proceeding for relief”); (C) become the subject of any proceeding for relief which is not dismissed within sixty (60) days of its filing or
entry; or (D) be dissolved or otherwise fail to maintain its legal existence (if Tenant, guarantor or surety is a corporation, partnership or other entity). 
 (iii) Any insurance required to be maintained by Tenant pursuant to this Lease shall be canceled or terminated or shall expire or shall be reduced or materially changed, except, in each case, as permitted
in this Lease. 
 (iv) Tenant shall fail to occupy or shall vacate the Premises or shall fail to continuously operate its
business at the Premises for the permitted use set forth herein, whether or not Tenant is in monetary or other default under this Lease. 
 (v) Tenant shall attempt or there shall occur any assignment, subleasing or other transfer of Tenant’s interest in or with respect to this Lease except as otherwise permitted in this Lease.

 (vi) Tenant shall fail to discharge or bond over any lien placed upon the Premises in violation of this Lease within thirty
(30) days after any such lien or encumbrance is filed against the Premises. 
 (vii) Tenant shall fail to execute any
instrument of subordination or attornment or any estoppel certificate within the time periods set forth in Paragraphs 27 and 29 respectively following Landlord’s request for the same. 

(viii) Tenant shall breach any of the requirements of Paragraph 30 and such failure shall continue for a period of five
(5) days or more after notice from Landlord to Tenant. 
 (ix) Tenant shall fail to comply with any provision of this
Lease other than those specifically referred to in this Paragraph 23, and except as otherwise expressly provided herein, such default shall continue for more than thirty (30) days after Landlord shall have given Tenant written
notice of such default (unless such performance will, due to the nature of the obligation, require a period of time in excess of thirty (30) days, then after such time as is reasonably necessary, provided that Tenant commences such cure within
the 30-day period and thereafter diligently prosecutes the cure to completion.). 

  
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AGREEMENT 

 Any notices to be provided by Landlord under this Paragraph 23 shall be in lieu of, and not in
addition to, any notice required under applicable Oregon law. 
 24. Landlord’s Remedies. Upon the occurrence
of any default, Landlord shall have the following rights and remedies, in addition to those allowed by law or in equity, any one or more of which may be exercised or not exercised without precluding the Landlord from exercising any other remedy
provided in this Lease or otherwise allowed by law or in equity: 
 (a) Termination of Lease. Landlord may terminate
this Lease and Tenant’s right to possession of the Premises. If Tenant has abandoned and vacated the Premises, the mere entry of the Premises by Landlord in order to perform acts of maintenance, cure defaults, preserve the Premises or to
attempt to relet the Premises, or the appointment of a receiver in order to protect the Landlord’s interest under this Lease, shall not be deemed a termination of Tenant’s right to possession or a termination of this Lease unless Landlord
has notified Tenant in writing that this Lease is terminated. Notification of any default described in Section 23 of this Lease shall be in lieu of, and not in addition to, any notice required under applicable Oregon law. If Landlord terminates
this Lease and Tenant’s right to possession of the Premises, Landlord may recover from Tenant: 
 (i) The amount of unpaid
rent which had been earned at the time of termination; plus 
 (ii) The amount by which the unpaid rent which would have been
earned after termination until the time of award exceeds the amount of such rental loss that Tenant proves could have been reasonably avoided; plus 
 (iii) The amount by which the unpaid rent for the balance of the Term after the time of the award exceeds the amount of such rental loss that Tenant proves could be reasonably avoided; plus 

(iv) Any other amounts necessary to compensate the Landlord for all of the detriment proximately caused by Tenant’s failure to
perform its obligations under this Lease or which in the ordinary course of things would be likely to result therefrom, including any legal expenses, brokers commissions or finders fees (in connection with reletting the Premises and the pro rata
portion of any leasing commission paid by Landlord in connection with this Lease which is applicable to the portion of the Term, including option periods, which is unexpired as of the date on which this Lease terminated), the costs of repairs,
cleanup, refurbishing, removal and storage or disposal of Tenant’s personal property, equipment, fixtures and anything else that Tenant is required under this Lease to remove but does not remove (including those alterations which Tenant is
required to remove pursuant to an election by Landlord and Landlord actually removes whether notice to remove shall be delivered to Tenant), and any costs for alterations, additions and renovations incurred by Landlord in regaining possession of and
reletting (or attempting to relet) the Premises. Tenant shall also reimburse Landlord for the pro rata portion of TI Allowance paid by Landlord to install Tenant Improvements on the Premises which is applicable to that portion of the Term including
any terminated option periods which is unexpired as of the date on which this Lease terminated, discounted to present value. 

All computations of the “worth at the time of the award” of amounts recoverable by Landlord under (i) and (ii) hereof
shall be computed by allowing interest at the maximum lawful contract rate per annum. The “worth at the time of the award” recoverable by Landlord under (iii) and the 

  
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AGREEMENT 

 
discount rate for purposes of determining any amounts recoverable under (iv), if applicable, shall be computed by discounting the amount recoverable by Landlord at the discount rate of the
Federal Reserve Bank, San Francisco, California, at the time of the award plus one percent (1%). 
 Upon termination of this
Lease, whether by lapse of time or otherwise, Tenant shall immediately vacate the Premises and deliver possession to Landlord, and Landlord shall have the right to re-enter the Premises. 

(b) Lease to Remain in Effect. Notwithstanding Landlord’s right to terminate this Lease, Landlord may, at its option, even
though Tenant has breached this Lease and abandoned the Premises, continue this Lease in full force and effect and not terminate Tenant’s right to possession, and enforce all of Landlord’s rights and remedies under this Lease. In such
event, Landlord may continue the Lease in effect after Tenant’s breach and abandonment and recover rent as it becomes due. Further, in such event Landlord shall be entitled to recover from Tenant all costs of maintenance and preservation of the
Premises, and all costs, including attorneys’ fees and receivers’ fees, incurred in connection with appointment of and performance by a receiver to protect the Premises and Landlord’s interest under this Lease. Neither re-entry or
taking possession of the Premises by Landlord nor service of any notice permitted or required under applicable Oregon law shall be construed as an election to terminate this Lease unless a notice (signed by a duly authorized representative of
Landlord) of intention to terminate this Lease is given to Tenant. 
 (c) All Sums Collectible as Rent. All sums due and
owing to Landlord by Tenant under this Lease shall be collectible by Landlord as rent. 
 (d) No Surrender. No act or
omission by Landlord or its agents during the Term shall be an acceptance of a surrender of the Premises, and no agreement to accept a surrender of the Premises shall be valid unless made in writing and signed by a duly authorized representative of
Landlord. Landlord shall be entitled to a restraining order or injunction to prevent Tenant from defaulting under any of its obligations other than the payment of rent or other sums due hereunder. 

(e) Effect of Termination. Neither the termination of this Lease nor the exercise of any remedy under this Lease or otherwise
available at law or in equity shall affect Landlord’s right of indemnification set forth in this Lease or otherwise available at law or in equity for any act or omission of Tenant, and all rights to indemnification and other obligations of
Tenant intended to be performed after termination of this Lease shall survive termination of this Lease. 
 25.
Tenant’s Remedies/Limitation of Liability. Landlord shall not be in default hereunder unless Landlord fails to perform any of its obligations hereunder within thirty (30) days after written notice from Tenant specifying such
failure (unless such performance will, due to the nature of the obligation, require a period of time in excess of thirty (30) days, then after such period of time as is reasonably necessary). All obligations of Landlord hereunder shall be
construed as covenants, not conditions; and Tenant may not terminate this Lease for breach of Landlord’s obligations hereunder. Tenant hereby waives the benefit of any laws granting it the right to perform Landlord’s obligations or the
right to terminate this Lease or withhold rent on account of any Landlord default. All obligations of Landlord under this Lease will be binding upon Landlord only during the period of its ownership of the Premises and not thereafter. The term
“Landlord” in this Lease shall mean only the owner, for the time being of the Premises, and in the event of the transfer by such owner of its interest in the Premises, such owner shall thereupon be released and discharged from all
obligations of Landlord thereafter accruing, but such obligations shall be binding during the Lease Term upon each new owner for the duration of such owner’s ownership. Any liability of Landlord under this Lease or arising out of the
relationship between Landlord and Tenant shall be limited solely to Landlord’s equity interest in the Building, and in 

  
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AGREEMENT 

 
no event shall any personal liability be asserted against Landlord, its partners, shareholders, members, directors, employees or agents in connection with this Lease nor shall any recourse be had
to any other property or assets of Landlord. 
 26. Waiver of Jury Trial. TENANT AND LANDLORD WAIVE ANY RIGHT TO
TRIAL BY JURY OR TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT, OR OTHERWISE, BETWEEN LANDLORD AND TENANT ARISING OUT OF THIS LEASE OR ANY OTHER INSTRUMENT, DOCUMENT, OR AGREEMENT EXECUTED OR DELIVERED IN
CONNECTION HEREWITH OR THE TRANSACTIONS RELATED HERETO. 
 27. Subordination. 

(a) This Lease and Tenant’s interest and rights hereunder are and shall be subject and subordinate at all times to the lien of any
deed of trust or mortgage or any ground lease, now existing or hereafter created on or against the Property or the Premises, and all amendments, restatements, renewals, modifications, consolidations, refinancing, assignments and extensions thereof,
without the necessity of any further instrument or act on the part of Tenant. Tenant shall comply with the ground lease for the Property between Landlord and the City of Corvallis, as amended. Tenant agrees, at the election of the holder of any such
mortgage, to attorn to any such holder. The provisions of this Paragraph 27 shall be self-operative and no further instrument shall be required to effect such subordination or attornment; however, Tenant agrees to execute, acknowledge
and deliver such instruments, confirming such subordination and such instruments of attornment as shall be requested by any such holder within ten (10) days of such request. Tenant’s obligation to furnish each such instrument requested
hereunder in the time period provided is a material inducement for Landlord’s execution of this Lease. Tenant hereby appoints Landlord attorney in fact for Tenant irrevocably (such power of attorney being coupled with an interest) to execute,
acknowledge and deliver any such instrument and instruments for and in the name of the Tenant and to cause any such instrument to be recorded. 
 (b) Notwithstanding the foregoing, any such holder may at any time subordinate its mortgage to this Lease, without Tenant’s consent, by notice in writing to Tenant, and thereupon this Lease shall be
deemed prior to such mortgage without regard to their respective dates of execution, delivery or recording and in that event such holder shall have the same rights with respect to this Lease as though this Lease had been executed prior to the
execution, delivery and recording of such mortgage and had been assigned to such holder. The term “mortgage” whenever used in this Lease shall be deemed to include deeds of trust, security assignments and any other encumbrances, and
any reference to the “holder” of a mortgage shall be deemed to include the beneficiary under a deed of trust. 

(c) Tenant shall not seek to enforce any remedy it may have for any default on the part of Landlord without first giving written notice
by certified mail, return receipt requested, specifying the default in reasonable detail to any mortgage holder whose address has been given to Tenant, and affording such mortgage holder a reasonable opportunity to perform Landlord’s
obligations hereunder. Notwithstanding any such attornment or subordination of a mortgage to this Lease, the holder of any mortgage shall not be liable for any acts of any previous landlord, shall not be obligated to install any tenant improvements,
and shall not be bound by any amendment to which it did not consent in writing nor any payment of rent made more than one month in advance. 
 (d) If requested by Tenant, Landlord shall request that any holder of mortgage against the Property provide a nondisturbance agreement to Tenant that provides that so long as Tenant is not in default of
this Lease, the holder will not terminate the Lease. 

  
 PAGE 21—LEASE
AGREEMENT 

 (e) Landlord agrees that it will not unreasonably withhold consent to execution of a
commercially reasonable subordination, nondisturbance, attornment, estoppel, access or other agreement as requested from time to time by a lender of Tenant or an affiliate of Tenant for the benefit of a lender in securing lender’s interest in
or access to any collateral securing a loan made by such lender, including but not limited to equipment installed on the Premises. Additionally, Landlord agrees that any equipment installed in but not affixed to the Premises shall be personal
property of Tenant and shall not become fixtures and Landlord shall have no Interest in the same. 
 28. Mechanic’s
Liens. Tenant has no express or implied authority to create or place any lien or encumbrance of any kind upon, or in any manner to bind the interest of Landlord or Tenant in, the Premises or to charge the rentals payable hereunder for any
claim in favor of any person dealing with Tenant, including those who may furnish materials or perform labor for any construction or repairs. Tenant covenants and agrees that it will pay or cause to be paid all sums legally due and payable by it on
account of any labor performed or materials furnished in connection with any work performed on the Premises and that it will save and hold Landlord harmless from all loss, cost or expense based on or arising out of asserted claims or liens against
the leasehold estate or against the interest of Landlord in the Premises or under this Lease. Tenant shall give Landlord immediate written notice of the placing of any lien or encumbrance against the Premises and cause such lien or encumbrance to be
discharged within thirty (30) days of the filing or recording thereof; provided, however, Tenant may contest such liens or encumbrances as long as such contest prevents foreclosure of the lien or encumbrance and Tenant causes such lien or
encumbrance to be bonded or insured over in a manner satisfactory to Landlord within such thirty (30) day period. 
 29.
Estoppel Certificates. Tenant agrees, from time to time, within ten (10) days after request of Landlord, to execute and deliver to Landlord, or Landlord’s designee, any estoppel certificate requested by Landlord, stating that
this Lease is in full force and effect, the date to which rent has been paid, that Landlord is not in default hereunder (or specifying in detail the nature of Landlord’s default), the termination date of this Lease and such other matters
pertaining to this Lease as may be requested by Landlord. Tenant’s obligation to furnish each estoppel certificate in a timely fashion is a material inducement for Landlord’s execution of this Lease No cure or grace period provided in this
Lease shall apply to Tenant’s obligation to timely deliver an estoppel certificate. Tenant hereby irrevocably appoints Landlord as its attorney in fact to execute on its behalf and in its name any such estoppel certificate if Tenant fails to
execute and deliver the estoppel certificate within ten (10) days after Landlord’s written request thereof. 
 30.
Environmental Requirements. 
 (a) Tenant will conduct its operations in strict compliance with all applicable
Environmental Requirements, as defined in (b). Tenant has fully and accurately completed Landlord’s Pre-Leasing Environmental Exposure Questionnaire (“Environmental Questionnaire”) attached hereto as Exhibit D incorporated
herein by reference. Tenant shall complete and certify to disclosure statements as requested by Landlord from time to time relating to Tenant’s transportation, storage, use, generation, manufacture, or release of Hazardous Materials on the
Premises, and Tenant shall promptly deliver to Landlord a copy of any notice of violation relating to the Premises or Property of any Environmental Requirement. A copy of Tenant’s application to the Oregon Department of Environmental Quality
(“DEQ”) is attached as Exhibit F, together with any DEQ amendments, modifications or approvals. 
 (b) The
term “Environmental Requirements” means all applicable present and future statutes, regulations, ordinances, rules, codes, judgments, permits, authorizations, orders, policies or other similar requirements of any governmental
authority, agency or court regulating or relating to health, safety, or environmental conditions on, under, or about the Premises or the 

  
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AGREEMENT 

 
environment, including without limitation, the following: the Comprehensive Environmental Response, Compensation and Liability Act; the Resource Conservation and Recovery Act; the Clean Air Act;
the Clean Water Act; the Toxic Substances Control Act and all state and local counterparts thereto, and any common or civil law obligations including, without limitation, nuisance or trespass, and any other requirements of Paragraphs 3 and
31 of this Lease. The term “Hazardous Materials” means and includes any substance, material, waste, pollutant, or contaminant that is or could be regulated under any Environmental Requirement or that may adversely affect human
health or the environment, including, without limitation, any solid or hazardous waste, hazardous substance, asbestos, petroleum (including crude oil or any fraction thereof, natural gas, synthetic gas, polychlorinated biphenyls (PCBs), and
radioactive material). For purposes of Environmental Requirements, to the extent authorized by law, Tenant is and shall be deemed to be the responsible party, including without limitation, the “owner” and “operator” of
Tenant’s “facility” and the “owner” of all Hazardous Materials brought on the Premises by Tenant, its agents, employees, contractors or invitees, and the wastes, by-products, or residues generated, resulting, or produced
therefrom. 
 (c) Tenant, at its sole cost and expense, shall remove all Hazardous Materials stored, disposed of or otherwise
released by Tenant, its assignees, subtenants, agents, employees, contractors or invitees onto or from the Premises or Property, in a manner and to a level satisfactory to Landlord in its sole discretion, but in no event to a level and in a manner
less than that which complies with all Environmental Requirements and does not limit any future uses of the Premises or Property or require the recording of any deed restriction or notice regarding the Premises or Property. Tenant shall perform such
work at any time during the period of the Lease upon written request by Landlord or, in the absence of a specific request by Landlord, before Tenant’s right to possession of the Premises terminates or expires. If Tenant fails to perform such
work within the time period specified by Landlord or before Tenant’s right to possession terminates or expires (whichever is earlier), Landlord may at its discretion, and without waiving any other remedy available under this Lease or at law or
equity (including without limitation an action to compel Tenant to perform such work), perform such work at Tenant’s cost. Tenant shall pay all costs incurred by Landlord in performing such work within ten (10) days after Landlord’s
request therefor. Such work performed by Landlord is on behalf of Tenant and Tenant remains the owner, generator, operator, transporter, and/or arranger of the Hazardous Materials for purposes of Environmental Requirements. Tenant agrees not to
enter into any agreement with any person, including without limitation any governmental authority, regarding the removal of Hazardous Materials that have been disposed of or otherwise released onto or from the Premises without the written approval
of the Landlord. 
 (d) Tenant shall indemnify, defend, and hold Landlord harmless from and against any and all losses
(including, without limitation, diminution in value of the Premises or the Property and loss of rental income from the Property), claims, demands, actions, suits, damages (including, without limitation, punitive damages), expenses (including,
without limitation, remediation, removal, repair, corrective action, or cleanup expenses), and costs (including, without limitation, actual attorneys’ fees, consultant fees or expert fees and including, without limitation, removal or management
of any asbestos brought into the Premises or disturbed in breach of the requirements of this Paragraph 30, regardless of whether such removal or management is required by law) which are brought or recoverable against, or suffered or
incurred by Landlord as a result of any release of Hazardous Materials or any breach of the requirements under this Paragraph 30 by Tenant, its agents, employees, contractors, subtenants, assignees or invitees, regardless of whether
Tenant had knowledge of such noncompliance. The obligations of Tenant under this Paragraph 30 shall survive any termination of this Lease. 
 (e) Landlord shall have access to, and a right to perform inspections and tests of, the Premises to determine Tenant’s compliance with Environmental Requirements, its obligations under this
Paragraph 30, or the environmental condition of the Premises. Access shall be granted to 

  
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AGREEMENT 

 
Landlord upon Landlord’s prior notice to Tenant and at such times so as to minimize, so far as may be reasonable under the circumstances, any disturbance to Tenant’s operations. Such
inspections and tests shall be conducted at Landlord’s expense, unless such inspections or tests reveal that Tenant has not complied with any Environmental Requirement, in which case Tenant shall reimburse Landlord for the reasonable cost of
such inspection and tests. Landlord’s receipt of or satisfaction with any environmental assessment in no way waives any rights that Landlord holds against Tenant. Tenant shall promptly notify Landlord of any communication or report that Tenant
makes to any governmental authority regarding any possible violation of Environmental Requirements or release or threat of release of any Hazardous Materials onto or from the Premises. Tenant shall, within five (5) days of receipt thereof,
provide Landlord with a copy of any documents or correspondence received from any governmental agency or other party relating to a possible violation of Environmental Requirements or claim or liability associated with the release or threat of
release of any Hazardous Materials onto or from the Premises. 
 (f) In addition to all other rights and remedies available to
Landlord under this Lease or otherwise, Landlord may, in the event of a breach of the requirements of this Paragraph 30 that is not cured within thirty (30) days following notice of such breach by Landlord, require Tenant to provide
financial assurance (such as insurance, escrow of funds or third party guarantee) in an amount and form satisfactory to Landlord. The requirements of this Paragraph 30 are in addition to and not in lieu of any other provision in the
Lease. 
 31. Rules and Regulations. Tenant shall, at all times during the Lease Term and any extension thereof,
comply with all reasonable rules and regulations at any time or from time to time established by Landlord covering use of the Premises and the Property. The current rules and regulations are attached hereto. In the event of any conflict between said
rules and regulations and other provisions of this Lease, the other terms and provisions of this Lease shall control. Landlord shall not have any liability or obligation for the breach of any rules or regulations by other tenants in the Property.

 32. Security Service. Tenant acknowledges and agrees that, while Landlord may (but shall not be obligated to)
patrol the Property, Landlord is not providing any security services with respect to the Premises and that Landlord shall not be liable to Tenant for, and Tenant waives any claim against Landlord with respect to, any loss by theft or any other
damage suffered or incurred by Tenant in connection with any unauthorized entry into the Premises or any other breach of security with respect to the Premises. 
 33. Force Majeure. Landlord shall not be held responsible for delays in the performance of its obligations hereunder when caused by strikes, lockouts, labor disputes, acts of God, inability
to obtain labor or materials or reasonable substitutes therefor, governmental restrictions, governmental regulations, governmental controls, delay in issuance of permits, enemy or hostile governmental action, civil commotion, fire or other casualty,
and other causes beyond the reasonable control of Landlord (“Force Majeure”). 
 34. Entire Agreement.
This Lease constitutes the complete and entire agreement of Landlord and Tenant with respect to the subject matter hereof. No representations, inducements, promises or agreements, oral or written, have been made by Landlord or Tenant, or anyone
acting on behalf of Landlord or Tenant, which are not contained herein, and any prior agreements, promises, negotiations, or representations are superseded by this Lease. This Lease may not be amended except by an instrument in writing signed by
both parties hereto. 
 35. Severability. If any clause or provision of this Lease is illegal, invalid or
unenforceable under present or future laws, then and in that event, it is the intention of the parties hereto that the remainder of this Lease shall not be affected thereby. It is also the intention of the parties to this

  
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AGREEMENT 

 
Lease that in lieu of each clause or provision of this Lease that is illegal, invalid or unenforceable, there be added, as a part of this Lease, a clause or provision as similar in terms to such
illegal, invalid or unenforceable clause or provision as may be possible and be legal, valid and enforceable. 
 36.
Brokers. Tenant represents and warrants that it has dealt with no broker, agent or other person in connection with this transaction and that no broker, agent or other person brought about this transaction, other than the broker, if
any, set forth on the first page of this Lease, and Tenant agrees to indemnify and hold Landlord harmless from and against any claims by any other broker, agent or other person claiming a commission or other form of compensation by virtue of having
dealt with Tenant with regard to this leasing transaction. 
 37. Miscellaneous. 

(a) Any payments or charges due from Tenant to Landlord hereunder shall be considered rent for all purposes of this Lease. 

(b) If and when included within the term “Tenant,” as used in this instrument, there is more than one person, firm or
corporation, each shall be jointly and severally liable for the obligations of Tenant. 
 (c) All notices required or permitted
to be given under this Lease shall be in writing and shall be sent by registered or certified mail, return receipt requested, or by a reputable national overnight courier service, postage prepaid, or by hand delivery and, if to Tenant, addressed to
Tenant at the address for Tenant noted on the first page of this Lease, and if to Landlord, addressed to Landlord at 3450 Monte Villa Parkway, Bothell, Washington 98021, Attn: Vice President, Finance. Either party may by notice given aforesaid
change its address for all subsequent notices. Except where otherwise expressly provided to the contrary, notice shall be deemed given upon delivery. 
 (d) Except as otherwise expressly provided in this Lease or as otherwise required by law, Landlord retains the absolute right to withhold any consent or approval. 

(e) At Landlord’s request from time to time Tenant shall furnish Landlord with true and complete copies of its most recent annual
and quarterly financial statements prepared by Tenant or Tenant’s accountants and any other financial information or summaries that Tenant typically provides to its lenders or shareholders. Should Tenant have an annual audit by an independent
certified public accountant, Tenant shall provide a copy of such statement within ninety (90) days after the end of Tenant’s fiscal year. Landlord shall hold such financial statements and information in confidence, and shall not disclose
the same except: (i) to Landlord’s lenders or potential lenders, (ii) to potential purchasers of all or a portion of the Property, (iii) to attorneys, accountants, consultants or other advisors, (iv) otherwise as reasonably
necessary for the operation of the Property or administration of Landlord’s business or (v) if disclosure is required by any judicial or administrative order or ruling. 

(f) This Lease shall not be filed by or on behalf of Tenant in any public record; provided, however, that either party may file a copy
of this lease in order to comply with the rules and regulations promulgated by the U.S. Securities and Exchange Commission. Landlord may prepare and file, and upon request by Tenant, the parties will execute a memorandum of the Option rights set
forth in Section 40 below. 
 (g) Each party acknowledges that it has had the opportunity to consult counsel with respect
to this Lease, and therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Lease or any exhibits or amendments hereto.

  
 PAGE 25—LEASE
AGREEMENT 

 (h) The submission by Landlord to Tenant of this Lease shall have no binding force or
effect, shall not constitute an option for the leasing of the Premises, nor confer any right or impose any obligations upon either party until execution of this Lease by both parties. 

(i) Words of any gender used in this Lease shall be held and construed to include any other gender, and words in the singular number
shall be held to include the plural, unless the context otherwise requires. The captions inserted in this Lease are for convenience only and in no way define, limit or otherwise describe the scope or intent of this Lease, or any provision hereof, or
in any way affect the interpretation of this Lease. 
 (j) Any amount not paid by Tenant within five (5) days after its
due date in accordance with the terms of this Lease shall bear interest from such due date until paid in full at the lesser of the highest rate permitted by applicable law or fifteen percent (15%) per year. It is expressly the intent of
Landlord and Tenant at all times to comply with applicable law governing the maximum rate or amount of any interest payable on or in connection with this Lease. If applicable law is ever judicially interpreted so as to render usurious any interest
called for under this Lease, or contracted for, charged, taken, reserved, or received with respect to this Lease, then it is Landlord’s and Tenant’s express intent that all excess amounts theretofore collected by Landlord be credited on
the applicable obligation (or, if the obligation has been or would thereby be paid in full, refunded to Tenant), and the provisions of this Lease immediately shall be deemed reformed and the amounts thereafter collectible hereunder reduced, without
the necessity of the execution of any new document, so as to comply with the applicable law, but so as to permit the recovery of the fullest amount otherwise called for hereunder. 

(k) Construction and interpretation of this Lease shall be governed by the laws of the state of Oregon, excluding any principles of
conflicts of laws. 
 (l) Time is of the essence as to the performance of Tenant’s obligations under this Lease.

 (m) All exhibits and addenda attached hereto are hereby incorporated into this Lease and made a part hereof. In the event of
any conflict between such exhibits or addenda (other than the rules and regulations) and the terms of this Lease, such exhibits or addenda shall control. In the event of a conflict between the rules and regulations attached hereto and the terms of
this Lease, the terms of this Lease shall control. 
 (n) If either party should prevail in any litigation instituted by or
against the other related to this Lease, the prevailing party, as determined by the court, shall receive from the non-prevailing party all costs and reasonable attorneys’ fees (payable at standard hourly rates) incurred in such litigation,
including costs on appeal, as determined by the court. 
 38. Limitation of Liability of Landlord’s Partners, and
Others. Tenant agrees that any obligation or liability whatsoever of Landlord which may arise at any time under this Lease, or any obligation or liability which may be incurred by Landlord pursuant to any other instrument, transaction, or
undertaking contemplated hereby, shall not be personally binding upon, nor shall resort for the enforcement thereof be had to the property of the constituent partners of Landlord or any of their respective directors, officers, representatives,
employees or agents, regardless of whether such obligation or liability is in the nature of contract, tort, or otherwise. 

  
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AGREEMENT 

 39. Easements; CC&R’s. Landlord reserves to itself the right, from
time to time, to grant such easements, rights and dedications that Landlord deems necessary or desirable, and to cause the recordation of parcel maps, easement agreements and covenants, conditions and restrictions, so long as such easements, rights,
dedications, maps and covenants, conditions and restrictions do not unreasonably interfere with the permitted use of the Premises by Tenant. Tenant shall sign any of the aforementioned documents upon request of Landlord and failure to do so shall
constitute a material breach of this Lease. 
 40. Option to Purchase; Rights of First Refusal.  

(a) Option to Purchase. Provided no uncured default by Tenant of any of the provisions or covenants of this Lease exists at the
time the right afforded Tenant would otherwise arise, Tenant shall be afforded an option to purchase the Building and Landlord’s interest in the Ground Lease for the Property (the “Option Property”) during the Term of this Lease (the
“Option”) on the terms set forth in this paragraph. The Option Price for the Option Property shall be Two Million Dollars ($2,000,000.00) until February 28, 2015 and shall increase by One Hundred Thousand Dollars ($100,000.00) on
March 1, 2015 and shall increase an additional One Hundred Thousand Dollars ($100,000.00) on March 1, 2016 through the remainder of the initial Lease Term. In the event that Tenant exercises its option to extend the Lease Term as provided
in Paragraph 41 below, the Option Price for the Option Property shall increase an additional One Hundred Thousand Dollars ($100,000.00) on the first day of the extension term. Tenant shall provide Landlord ninety (90) days written notice
of its exercise of the Option, together with an earnest money deposit of $20,000.00 (the “Option Deposit”). Tenant shall have sixty (60) days from the date of Landlord’s receipt of the Option Notice and Option Deposit to conduct
such studies, tests and investigations of the Option Property as Tenant shall deem necessary, in its exclusive discretion, to determine the suitability of the Option Property for Tenant’s anticipated use. With respect to any inspection or
testing that is invasive or involves removing or demolishing any portion of the Option Property or disturbing any portion of the Option Property leased to a third party, Tenant must first submit to Landlord a written plan for entering the spaces of
such third parties and for any such invasive testing which shall include a plan to deal with any hazardous materials that may be encountered during such testing, and Tenant may not proceed with any such invasive testing unless Landlord has approved
of Tenant’s plan in writing (which approval may be withheld by Landlord in its sole discretion). Tenant shall conduct any such invasive testing in strict accordance with the plan approved by Landlord. Tenant shall protect, defend, indemnify,
and hold Landlord and Landlord’s agents and employees harmless for, from and against any claims, liabilities, damages, liens, attorneys’ fees, penalties, demands, causes of actions and suits of any nature whatsoever arising out of the
inspection of and/or entry onto the Option Property by Tenant, its agents, employees or contractors. This indemnity includes an obligation of Tenant to reimburse Landlord for any and all damage Tenant may cause to the Option Property in connection
with Tenant’s inspection and this indemnity shall survive the closing or termination of this Lease. At any time during said sixty (60) day period, Tenant may terminate its Option to purchase by written notice thereof to Landlord, in which
event the Option Deposit shall be returned to Tenant, and the Option shall be extinguished. In the event Tenant does not terminate the Option within said sixty (60) day period, the Option Deposit shall be non-refundable, and the closing of the
sale of the Option Property shall occur within thirty (30) days after the date Tenant has waived (or is deemed to have waived) Tenant’s right to terminate such option due to Tenant’s diligence review of the Option Property. It shall
be a condition to closing that the City of Corvallis and Lender, if required by Lender’s loan documents, approve of the assignment of the Ground Lease to Tenant at closing. At closing, the Option Price shall be paid to Landlord in immediately
available funds at Closing, with a credit for the Option Deposit Amount. The Option Property shall be conveyed by Landlord to Tenant AS IS, where is and with all faults by a special warranty deed free and clear of all monetary encumbrances other
than taxes and assessments and any amounts payable under the CC&Rs, the Ground Lease and similar agreements. Landlord shall also assign to Tenant its interest in the Ground Lease and any warranties then still in effect pertaining to the Option
Property. Landlord shall pay the cost of an owner’s standard policy of title insurance. Tenant 

  
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AGREEMENT 

 
shall pay all recording costs. All escrow costs shall be shared equally by Landlord and Tenant. Should Tenant fail to exercise its Option as provided herein, the option privilege shall be
extinguished. Should Tenant exercise its option, but fail to close the purchase of the Option Property through no fault of Landlord, Landlord shall be entitled to keep the Option Deposit. 

(b) Right of First Refusal to Purchase. If, during the Term, Landlord receives a bona fide offer for sale of the Option Property
that Landlord finds acceptable (the “Offer”), Landlord shall provide a copy of such offer to Tenant (the “First Refusal Notice”). Tenant shall have ten (10) business days after receipt of the First Refusal Notice in which to
either match the terms and conditions of the Offer in writing (the “ROFR”) or to exercise its Option above. If Tenant matches the Offer, Tenant shall proceed to closing upon the terms and conditions in the Offer. If Tenant instead
exercises its Option, the sale shall proceed to closing on the terms and conditions set forth in Paragraph 40(a) above. If Tenant does not either match the Offer or exercise its option within the 10-business day period and Landlord completes
the sale in accordance with the Offer, Tenant’s Option and First Refusal rights in this Paragraph 40 shall terminate and be of no further force and effect. 
 (c) Right of First Refusal to Lease. If at any time during the Term, Landlord receives a bona fide offer to lease (the “Lease Offer”) the adjacent 10,973 rentable square feet located
adjacent to the Premises (the “Adjacent Premises”), Landlord shall provide written notice of the terms of such Lease Offer (the “Lease Offer Notice”) to Tenant. Tenant may elect to lease the Adjacent Premises upon the terms and
conditions set forth in the Lease Offer by providing written notice to Landlord within ten (10) business days after receipt of the Lease Offer Notice. The parties shall thereafter execute an amendment to the Lease incorporating the Adjacent
Premises into the Premises on the terms set forth in the Lease Offer. Landlord shall not be required to extend the term of this Lease due to the Lease Offer terms, but may elect to do so. In the event Tenant does not exercise its rights to lease the
Adjacent Premises within the 10-business day period, Landlord may lease the Adjacent Premises to the party who submitted the Lease Offer, provided that Landlord shall not allow the Adjacent Premises to be used for purposes that would substantially
interfere with Tenant’s use of the Premises for the manufacturing of semiconductors. 
 (d) For purposes of this Paragraph
40, the Option, ROFR and Right to Lease shall be collectively referred to as the “Option Rights” and individually as an “Option Right”. Tenant shall have no right to exercise an Option Right, notwithstanding any provision hereof
to the contrary, (a) during the time commencing from the date Landlord gives to Tenant a notice of default pursuant to this Lease and continuing until the noncompliance alleged in said notice of default is cured, or (b) during the period
of time commencing on the day after a monetary obligation to Landlord is due from Tenant and unpaid (without any necessity for notice thereof to Tenant) and continuing until the obligation is paid, or (c) if Landlord has given to Tenant one or
more notices of default under this Lease, whether or not the defaults are cured, or Tenant has been late on three or more occasions in the payment of a monetary obligation to Landlord (without any necessity for notice thereof to Tenant), during the
12 month period of time immediately prior to the time that Tenant attempts to exercise the Option Right, or (d) if Tenant has committed any non-curable breach, or is otherwise in default of any of the terms, covenants or conditions of this
Lease. 
 (e) The period of time within which an Option Right may be exercised shall not be extended or enlarged by reason of
Tenant’s inability to exercise the Option Right because of the provisions of Paragraph 40(d) above. 
 (f) All
Option Rights of Tenant under this Paragraph 40 shall terminate and be of no further force or effect, notwithstanding Tenant’s due and timely exercise of an Option Right, if, after such exercise, (i) Tenant fails to pay to
Landlord a monetary obligation of Tenant for a period of five 

  
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AGREEMENT 

 
(5) days after such obligation becomes due (without any necessity of Landlord to give notice thereof to Tenant), or (ii) Tenant fails to commence to cure any other default under this Lease
within ten (10) days after the date that Landlord gives notice to Tenant of such default and/or Tenant fails thereafter to diligently prosecute said cure to completion within thirty (30) days after the date of such notice, or
(iii) Landlord gives to Tenant one (1) or more notices of default under this Lease, or Tenant is late on one (1) or more occasions in the payment of a monetary obligation to Landlord (without any necessity of notice thereof to
Tenant), whether or not the defaults are cured, or (iv) Tenant has committed any incurable breach, or is otherwise in default of any of the terms, covenants and conditions of this Leases. 

41. Option to Extend. Provided no uncured default by Tenant of any of the provisions or covenants of this Lease exists, Tenant
shall have the option to extend this Lease for an additional twelve (12) month period by written notice to Landlord, given not less than twelve (12) months prior to the last day of the then expiring term of the Lease. Giving of such notice
shall be sufficient to make the Lease binding for the extension term without further act of the parties. The terms and conditions of the Lease for the extension term shall be identical with the original term, except for the Monthly Base Rent and
there shall be no further options to renew. The Monthly Base Rent for the extension term is set forth in the Basic Lease Provisions. 
 (Signature page follows) 

  
 PAGE 29—LEASE
AGREEMENT 

 IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease as of the day and year
first above written. 
  

			
	TENANT:
	
	 PERPETUA POWER SOURCE TECHNOLOGIES, INC.,
 an Oregon corporation

		
	By:	 	 /s/ Nicholas Fowler

	Its:	 	 CEO

	
	LANDLORD:
	
	 AVI BIOPHARMA, INC.,

an Oregon corporation

		
	By:	 	 /s/ Christopher Garabedian

	Its:	 	 Chief Executive Officer

  
 PAGE 30—LEASE
AGREEMENT 

 EXHIBIT A 

Legal Description of Property 
 Beginning at a point on the north right of way of SW Airport Ave., a 60’ right of way, said point being N 50°05’36”E, 1879.06 feet from the southeast corner of the Alfred Rhinehart
Donation Land Claim No. 73, in Township 12 South, Range 5 West, Willamette Meridian, Benton County, Oregon; thence N 00°05’00”E, 320.00 feet; thence WEST, 270.00 feet; thence N 00°05’38”E, 631.00 feet; thence N
89°59’00”E, 270.53 feet; thence S 00°05’00”W, 354.50 feet; thence N 89°59’00”E, 431.73 feet to a point on the west right of way of SW Plumley Street, a 70 foot right of way; thence along said west right of
way S 00°05’00”W, 7.16 feet; thence S 05°19’30”W 290.32 feet; thence SOUTH, 299.80 feet to the north right of way of said SW Airport Ave.; thence WEST, 406.12 feet to the point beginning. Containing 9.57 acres more
or less. 

  
 PAGE 31—LEASE
AGREEMENT 

 EXHIBIT B 

Floor Plan 

[Attached] 

  
 

 

 EXHIBIT C 

List of Initial Tenant Improvements 
 Tenant improvements to AVI Biopharma Building at 1749 Airport Road 
 11/7/2011, mjh 

 

	 	1.	Excavate and install 5” thick, rebar reinforced concrete pad on North side of building., approximately (estimated dimensions: 20’ × 40’)

  

	 	2.	Install on concrete pad: 

  

	 	a.	One 7000 cfm fume exhaust scrubber 

  

	 	b.	One water treatment system (two tanks, associated instrumentation and pumps) 

 

	 	c.	One skid mounted DI water supply system 

  

	 	d.	One nitrogen dewer 

  

	 	e.	One chiller for process cooling water 

  

	 	f.	One dust collection system 

  

	 	g.	Potentially, a set of compressed gas bottle holders 

  

	 	h.	Exterior screening/fencing 

  

	 	i.	Potentially, a partial roof for protection of some of the components against the weather 

 

	 	3.	Slight modifications to air handler for cleanroom 

  

	 	4.	Addition of piping/utility racks as needed in cleanroom 

  

	 	5.	Addition of overhead distribution of exhaust ducting in cleanroom 

  

	 	6.	Walls, ceilling, appropriate floor covering and lighting for a separate production room just west of the current cleanroom 

 

	 	7.	Electrical wiring and distribution which feeds all of the pad mounted equipment and all of the production tooling in the cleanroom and the new room adjacent to the
current cleanroom 

  

	 	8.	Appropriate piping and exhaust ducting to connect the pad mounted equipment 

 

	 	9.	Modification to one of the current ceiling exhaust fan ducting (RTU-5) to exhaust production equipment in production room of item 3 

 

	 	10.	Potential changes to some utilities for current machine shop space in southwest corner of building 

 

	 	11.	Slight modification/addition to current IT infrastructure to allow data capture for critical production tooling 

 

	 	12.	Addition of workstations for prototype tool development in open area south of new production room 

 

	 	13.	Minor modifications, as necessary to support production equipment, of CDA and Process Vacuum system distribution networks 

  
 1 

 EXHIBIT D 

Environmental Questionnaire 
 [Attached] 

 EXHIBIT D 

Environmental Questionnaire 
 [Perpetua to complete] 
 FOR OFFICE USE ONLY: 

Proposed Lease Commencement Date: 11-15.2011 
  

 
  

PRE-LEASING ENVIRONMENTAL EXPOSURE QUESTIONNAIRE 
 (To be completed prior to Lease Approval) 
  

			
	Property Address:	  	1749 SW Airport Ave. Corvallis, OR
		
	Proposed Tenant:	  	Perpetua Power Source Technologies, Inc
		
		  	(Include full legal name of proposed tenant and any d/b/a)
		
	Current Address:	  	4314 SW Research Way, Corvallis, OR
	
	Description of Proposed Use of Property: Corporate headquarters and product development/manufacturing center.

  
  

 
 PLEASE ANSWER THE FOLLOWING QUESTIONS ACCURATELY
AND FULLY, ATTACHING ADDITIONAL PAGES IF NECESSARY. YOUR RESPONSES TO THIS QUESTIONNAIRE, INCLUDING ANY AND ALL ATTACHMENTS, SHALL BE INCORPORATED AS REPRESENTATIONS AND WARRANTIES IN THE LEASE WHEN EXECUTED, AND INCORRECT, MISLEADING OR MATERIALLY
INCOMPLETE RESPONSES SHALL BE DEEMED A BREACH OF SAID LEASE. 
  

	1.	Will any of the following chemicals, petroleum products or hazardous materials be made, used, placed, or stored on the property in quantities greater than the minimum
quantity listed in column (1) below? If yes, please mark column(s) (2), (3), and/or (4) as applicable. 

  

											
	 Categories of Chemicals
	  	(1)
Minimum
Quantity	  	(2)  

Made
	  	(3)  

Used
	  	(4)  

Placed
	  	(5)  

Stored

						
	 Solvents, Degreasers
	  	1 Gallon	  	_____	  	    x    	  	_____	  	    x    
	 Paint Thinners/Remover
	  	1 Gallon	  	_____	  	_____	  	_____	  	_____
	 Paint
	  	5 Gallons	  	_____	  	_____	  	_____	  	_____
	 Oil (New)
	  	5 Gallons	  	_____	  	_____	  	_____	  	_____
	 Gasoline
	  	1 Gallon	  	_____	  	_____	  	_____	  	_____
	 Antifreeze
	  	5 Gallons	  	_____	  	_____	  	_____	  	_____
	 Other Automotive Fluids
	  	1 Gallon	  	_____	  	_____	  	_____	  	_____
	 Diesel Fuel
	  	5 Gallons	  	_____	  	_____	  	_____	  	_____

											
	 Heavy (Toxic) Metal Containing Compounds
	  	1 Pound	  	_____	  	    x    	  	    x    	  	    x    
	 Liquid Plastics/Activators
	  	1 Gallon	  	_____	  	    x    	  	    x    	  	    x    
	 Flammable Gases
	  	20 Cu Ft	  	_____	  	_____	  	_____	  	_____
	 Toxic Gases
	  	20 Cu Ft	  	_____	  	_____	  	_____	  	_____
	 Acids
	  	1 Gl/5 Lb	  	_____	  	    x    	  	_____	  	    x    
	 Bases (soda, ash, lye, etc.)
	  	1 Gl/5 Lb	  	_____	  	    x    	  	_____	  	    x    
	 Other Flammable Materials
	  	1 Gl/5 Lb	  	_____	  	_____	  	_____	  	_____
	 Other Corrosive Materials
	  	1 Gl/5 Lb	  	_____	  	_____	  	_____	  	_____
	 Other Toxic Materials
	  	1 Gl/5 Lb	  	_____	  	_____	  	_____	  	_____
	 Other Reactive Materials
	  	1 Gl/5 Lb	  	_____	  	_____	  	_____	  	_____
	 Liquid Hazardous Waste
	  	1 Gallon	  	_____	  	_____	  	_____	  	_____
	 Solid Hazardous Waste
	  	1 Pound	  	_____	  	_____	  	_____	  	_____

  

													
		 	1.1	  	If required for our operations, please provide Landlord a copy of your Hazardous Materials business Management Plan.	  		 		  			
						
		 		  	As per EPA definition (see Federal Regulation 40 CFR 355), Perpetua doesn’t use any Hazardous Materials. As such, we don’t have a formal Hazard Materials Management
Plan.	  		 		  			
		 		  		  	 Yes
	 		  	 	No	  
						
		 	 1.2
	  	Do your operations require H-occupancy storage or other special constructions?	  	          	 		  	 	    x    	  
						
		 		  	If yes, please explain:	  		 		  			
		 		  	  
	  		 		  			
		 		  	  
	  		 		  			
					
	 2.
	 	 Will any of the following structures be used on the property? If yes, describe the contents of each.
	  	    x    	 		  	 	          	  

  

															
	  	  	 Feature
	  	 Contents
	  	 	 	  	 	  	 	 
		  	 Underground Tank
	  	  
	  	 	          	  	  		  	 	          	  
		  	 Above-ground Tank
	  	Waste water stream for treatment	  	 	    x    	  	  		  	 	          	  
		  	 Clarifier
	  	  
	  	 	          	  	  		  	 	          	  
		  	 Sump
	  	Waste water stream for treatment	  	 	    x    	  	  		  	 	          	  
		  	 Trench
	  	  
	  	 	          	  	  		  	 	          	  
		  	 Waste Pile
	  	  
	  	 	          	  	  		  	 	          	  
		  	 Chemical Piping
	  	Process gas piping (N2. Argon)	  	 	    x    	  	  		  	 	          	  
		  	 Floor Drain
	  	  
	  	 	          	  	  		  	 	          	  
		  	 Other
	  	  
	  	 	          	  	  		  	 	          	  

  

											
		  	 2.1
	  	Please describe plans for secondary containment and leak monitoring. The waste water treatment system will be housed on a pad which has a secondary containment berm
surrounding it.	  		  		  	

															
	 3.
	  	Will any hazardous wastes or liquid wastes be generated by on site operations or brought on to the property?	  	 	    x    	  	  		  	 	          	  
					
		  	 If yes, complete the following:
	  				  		  			
						
		  	3.1	  	 Identify each such hazardous waste or liquid waste.
  

No hazardous wastes, as defined by the EPA. Liquid waste will be generated 1by the semiconductor process flow but will be scrubbed
before leaving the building. Permits from the City of Corvallis for this process will be procured. Solid wastes in the form of small particles of non-toxic metals deposited onto our semi-conductor products will be stored in drums and sent to
recycling. Again, this will be permitted through the City of Corvallis.
	  				  		  			
						
		  	3.2	  	 Describe onsite storage, including secondary containment, and/or treatment.

 
 Secondary containment for the liquid (water) effluent was described in 2.1. We
will also have a set of solvent exhaust connected metal cabinets for storage of process chemicals.
	  				  		  			
						
		  	3.3	  	 Describe your plans for disposal of hazardous wastes or liquid waste including off-site disposal.

 
 Recycling of the semi-conductor metals will be handled by a
vendor familiar with the materials under our supervision and direction. Some proprietary process chemicals will also be recycled, again under the same guidelines as above.
	  				  		  			
					
	4.	  	Will operations result in any wastewater discharges to the sewer?	  	 	    x    	  	  		  	 	          	  
					
		  	Will operations result in any wastewater discharges to locations other than the sewer (including storm drain)?	  	 	          	  	  		  	 	    x    	  
					
		  	 If yes, describe each wastewater stream and plans for handling wastewater discharges:

 
 A City of Corvallis permitted acid waste treatment system will be operated. The
basic function of this system is to filter minute quantities of solids out of the liquid waste stream via a settling tank, decant the liquid (water) off of the settling tank, and treat the effluent to neutralize the pH as per City of Corvallis
regulations.
	  				  		  			
						
		  	4.1	  	Have you performed any testing or analysis of wastewater discharges or other wastewater effluent from your current facility?	  	 	          	  	  		  	 	    x    	  
						
		  		  	If yes, attach the results of any such testing or analysis.	  				  		  			
						
		  	4.2	  	Will your operations require any stormwater discharge permits?	  				  		  			
						
		  		  	If yes, describe:	  				  		  			
						
		  		  	 No storm water permits have been requested during the City of Corvallis’ initial project review nor are any anticipated as the permitting
process proceeds.
	  				  		  			

											
	 5.
	  	Will activities on the property require warnings to be given to workers or visitors on the Leased Premises or the surrounding community?	  	          	  		  	    x    
					
		  	If yes, please describe how you will provide such communications or warnings.	  		  		  	
		  	  
	  		  		  	
		  	  
	  		  		  	
					
	 6.
	  	Will operations result in any air emissions (including dust)?	  	          	  		  	    x    
					
		  	If yes, describe:	  		  		  	
		  	  
 Perpetua has provided the Oregon DEO with
information regarding all of our processes which relate to airborne emissions, including dust generation from our production processes. The DEO has released Perpetua from the need for a Air Discharge Permit given our intention of installing a water
curtain fume exhaust scrubber and dust collection system.
	  		  		  	
						
		  	 6.1
	  	Will permits from the Southern Coast Air Quality Management District be required?	  	          	  		  	    x    
					
	 7.
	  	Will operations result in air emissions which include hazardous or toxic air pollutants?	  	          	  		  	    x    
						
		  	 7.1
	  	If yes, will any public notice or disclosure be required?	  	          	  		  	          
					
	 8.
	  	Will operations be subject to Risk Management & Preview Planning requirements or other risk reduction requirements?	  	          	  		  	    x    
					
	 9.
	  	Will your operations involve any on-site vehicle or equipment maintenance, repair or cleaning, including but not limited to oil changes, oil filter changes, brake pad
replacement, battery changes, radiator flushing, radiator fluid replacement, and equipment, and equipment wash down and cleaning?	  	          	  		  	    x    
					
		  	If yes, describe all such maintenance:	  		  		  	
					
		  	  
	  		  		  	
					
		  	  
	  		  		  	
						
		  	 9.1
	  	 Will these on-site vehicles or equipment use batteries?
	  	    x    	  		  	          
						
		  		  	 If yes, describe battery storage method:
  

We may choose to operate an electric forklift for movement of production materials. The maintenance of this forklift will be performed by a qualified
professional and will take place offsite.
	  		  		  	
					
	 10.
	  	Will your operations include a machine shop?	  	    x    	  		  	          
					
		  	 If yes, describe all operation:
  

Although not a certainty at this point we may elect to install machining equipment to aid us in fabrication of fixtures and tooling for our production
processes. If so, we will likely have a metal lathe, a vertical milling machine, a bandsaw, a drill press, a grinder, and various other metal working tools. We do not plan to do any welding, plating or other associated
activities.
	  		  		  	

											
	11.	  	Will your operations include any metal plating or metal fabrication?	  	    x    	  		  	          
					
		  	If yes, describe:	  		  		  	
		  	  
 See 10 above. Also, our semi-conductor process
includes deposition of small amounts of proprietary metals onto our semi-conductor substrates. This operation will be fully permitted.
	  		  		  	
					
	12.	  	Will your operations include the use of solvents?	  	    x    	  		  	          
					
		  	If yes, describe:	  		  		  	
					
		  	Solvents will be used to lift photolithographic masks off of our semi-conductor substrates and to clean various process equipment. These solvents and their usage have
been cleared by the DEO and are in the process of being permitted by the City of Corvallis.	  		  		  	
					
	13.	  	Has your present facility or operation ever been the subject of an x environmental investigation, an environmental enforcement action, or permit revocation
proceeding?	  	          	  		  	    x    
					
		  	If yes, describe:	  		  		  	
		  	  
	  		  		  	
		  	  
	  		  		  	

													
	14.	  	Have you ever been identified as a potentially responsible party for any environmental cleanup, compliance or abatement proceedings?	  	 	          	  	  	 	    x    	  
				
		  	If yes, describe:	  				  			
				
		  	  
	  				  			
		  	  
	  				  			
				
	15.	  	Have you ever received a notice of violation or notice to comply from any environmental regulatory agency within the past five years?	  	 	          	  	  	 	    x    	  
				
		  	If yes, describe:	  				  			
				
		  	  
	  				  			
		  	  
	  				  			
				
	16.	  	Have you had any complaints from neighbors relating to noise, odor, air emissions, or dust at your present facility?	  	 	          	  	  	 	    x    	  
				
		  	If yes, describe:	  				  			
				
		  	  
	  				  			
		  	  
	  				  			
					
		  	16.1	  	Have you had any complaints relating to hazardous materials handling, storage, treatment or disposal from neighbors at your present facility?	  	 	          	  	  	 	          	  
				
	17.	  	Will the proposed use of the property require the filing of any environmental x reports or other documents to any agencies?	  	 	    x    	  	  	 	          	  
				
		  	We are working with the City of Corvallis Waste Water Disposal unit to define a waste water treatment sampling protocol. The initial vision is that we would sample
our waste stream 2 or 3 times in the first month of operation and then analyze and report the result. Once we prove the operation of our system. it is anticipated that sampling for verification will limited to annual or semiannual
events.	  				  			
				
	18.	  	Attach copies of all Material Safely Data Sheets (“MSDS”) for all chemicals you intend to use, sore, or handle on the property.	  				  			
				
	19.	  	Has an Environmental Audit been conducted at your present facility? (If yes, attach a copy of any report prepared in connection with any such audit.)	  	 	          	  	  	 	    x    	  
				
	20.	  	Please provide the Landlord your Emergency Response Plan and any contingency or emergency plans for the property in case of an accidental release of hazardous
materials.	  				  			
				
		  	 As per EPA definition (see Federal Regulation 40 CFR 355), Perpetua doesn’t use any Hazardous Materials. As such, we don’t
have a formal Emergency Response Plan.
	  				  			

					
	21.	  	Identify the name, title and qualifications/experience of person responsible for your environmental, health and safety program:
			
		  	Name:	 	Paul McCleland
			
		  	Title:	 	 CTO

		
		  	Qualifications/experience: Paul has been a facilities engineer and a semi-conductor process engineer for over 30 years at various private
institutions.
		
	22.	  	Name and telephone number of person to contact for additional information:
			
		  	Name:	 	 Mark Hauck

			
		  	Title::	 	 Mechanical Engineer

					
			
		  	Telephone Number:	 	 541-760-9130

		
	23.	  	Please provide any additional information/comments concerning your environmental compliance program and environmental compliance history:
		  	  

		  	  

 [Signatures on following page] 

 The undersigned hereby certifies that the information above is correct and complete.

  

			
	PERPETUAL POWER SOURCE TECHNOLOGIES
	Name of Proposed Tenant

			
		
	Name:	 	 

		
	Title:	 	 MECHANICAL ENGINEER

		
	Date:	 	 11/18/2011

 EXHIBIT E 

Rules and Regulations 
 In the event of a conflict between the following Rules and Regulations and the terms of the Lease to which this Addendum is attached, the terms of the Lease shall control. 

1. The sidewalk, entries, and driveways of the Property shall not be obstructed by Tenant, or its agents, or used by them for any purpose
other than ingress and egress to and from the Premises. 
 2. Tenant shall not place any objects, including antennas, outdoor
furniture, etc., in the parking areas, landscaped areas or other areas outside of its Premises, or on the roof of the Property. 

3. Except for seeing-eye dogs and other assistance animals required by law to be allowed, no animals shall be allowed in the offices,
halls, or corridors in the Property. 
 4. Tenant shall not disturb the occupants of the Property by the use of any radio or
musical instrument or by the making of loud or improper noises. 
 5. If Tenant desires telegraphic, telephonic or other
electric connections in the Premises, Landlord or its agent will direct the electrician as to where and how the wires may be introduced; and, without such direction, no boring or cutting of wires will be permitted. Any such installation or
connection shall be made at Tenant’s expense. 
 6. Tenant shall not install or operate any steam or gas engine or boiler,
or other mechanical apparatus in the Premises, except as specifically approved in the Lease. The use of oil, gas or inflammable liquids for heating, lighting or any other purpose is expressly prohibited. Explosives or other articles deemed extra
hazardous shall not be brought into the Property. 
 7. Parking any type of recreational vehicles is specifically prohibited on
or about the Property. Except for the overnight parking of operative vehicles or as expressly permitted in the Lease, no vehicle of any type shall be stored in the parking areas at any time. In the event that a vehicle is disabled, it shall be
removed within 48 hours. There shall be no “For Sale” or other advertising signs on or about any parked vehicle. All vehicles shall be parked in the designated parking areas in conformity with all signs and other markings. All
parking will be open parking, and no reserved parking, numbering or lettering of individual spaces will be permitted except as specified by Landlord. 
 8. Tenant shall maintain the Premises free from rodents, insects and other pests. 

9. Landlord reserves the right to exclude or expel from the Property any person who, in the judgment of Landlord, is intoxicated or under
the influence of liquor or drugs or who shall in any manner do any act in violation of the Rules and Regulations of the Property. 
 10. Tenant shall not cause any unnecessary labor by reason of Tenant’s carelessness or indifference in the preservation of good order and cleanliness. Landlord shall not be responsible to Tenant for
any loss of property on the Premises, however occurring, or for any damage done to the effects of Tenant by the janitors or any other employee or person. 
 11. Tenant shall give Landlord prompt notice of any needed maintenance that is the responsibility of Landlord under the Lease. 
 12. Tenant shall not permit storage outside the Premises, including without limitation, outside storage of trucks and other vehicles, or dumping of waste or refuse or permit any harmful materials to be
placed in any drainage system or sanitary system in or about the Premises. 
 13. All moveable trash receptacles provided by the
trash disposal firm for the Premises must be kept in the trash enclosure areas, if any, provided for that purpose. 
 14. No
auction, public or private, will be permitted on the Premises or the Property. 
 15. No awnings shall be placed over the
windows in the Premises except with the prior written consent of Landlord. 
 16. The Premises shall not be used for lodging,
sleeping or cooking (other than the incidental use of coffee machines or microwave ovens) or for any immoral or illegal purposes or for any purpose other than that specified in the Lease. No gaming devices shall be operated in the Premises.

  
 1 

 17. Tenant shall ascertain from Landlord the maximum amount of electrical current which can
safely be used in the Premises, taking into account the capacity of the electrical wiring in the Property and the Premises and the needs of other tenants, and shall not use more than such safe capacity. Landlord’s consent to the installation of
electric equipment shall not relieve Tenant from the obligation not to use more electricity than such safe capacity. 
 18.
Tenant assumes full responsibility for protecting the Premises from theft, robbery and pilferage. 
 19. Tenant shall not
install or operate on the Premises any machinery or mechanical devices of a nature not directly related to Tenant’s ordinary use of the Premises and shall keep all such machinery free of vibration, noise and air waves which may be transmitted
beyond the Premises. 
 20. Tenant shall not introduce, disturb or release asbestos or PCBs onto or from the Premises.

 21. Tenant shall at all times conduct its operations in a good and workmanlike manner, employing best management practices to
minimize the threat of any violation of Environmental Requirements. 

  
 2 

 EXHIBIT F 

Tenant’s Application to DEQ, Any DEQ Amendments, Modifications or Approvals 

[Attached] 

  
 3 

			
	NOTICE OF INTENT TO CONSTRUCT	  	 FORM AQ104
 ANSWER SHEET

  
  

			
	FOR DEQ USE ONLY
	Permit Number:	  	Regional Office:
	Application No:	  	Date Received :

  

													
	
1.      Source Number:  
	  	 
	
2.      Company
	  	 	  	 3.      Facility Location

	Legal Name:	  	Perpetua Power Source Technologies, Inc	  	Name:	  	Perpetua Power Source Technology Corporate
Headquarters
	Ownership type:	  	C Corp	  	Plant start date:  	  	3/1/2012
	Mailing Address:	  	 	  	Street Address:	  	 
	4314 SW Research Way	  	1749 Airport Ave	  	 
	City, State, Zip Code:	  	City, County, Zip Code:	  	 
	Corvallis, OR 97333	  	Corvallis, OR	  	 
	Number of Employees 
(corporate):	  	15	  	Number of Employees (plant site):	  	15
		 		  		  		  		  	
	
4.      Site Contact Person
	  	
5.      Industrial Classification Code(s)

	 	 	 	  	 	  	 	  	SIC:	  	3629
	Name:	 	Mark Hauck	  		  		  	 
	 	 		  		  	 	  	NAICS:	  	335999
	Title:	 	 	  	 	  	 	  		  		  	
	Mechanical Engineer	  		  		  	
	Phone number:	 	541-760-9130	  	
6.      Type of construction/change: (see instructions)

	Fax number:	 	503-922-3169	  	Type 1	  	 	  	 
	e-mail address:	 	mjh@perpetuapower.com	  	 	  	 	  	 

  

					
	
7.      Signature
	 	 	  	 
	  

I certify that the information contained in this notice, including any schedules and exhibits attached to the notice, are true and correct to the best
of my knowledge and belief.
  

	 	 		  	 
	 	 		  	 
	Name of official (Printed or Typed)	 		  	Title of official and phone number
	 	 		  	 
	 	 		  	 
	 	 		  	 
	Signature of official	 		  	Date
	 	 	 	  	 

 SUBMIT TWO COPIES OF THE COMPLETED NOTICE OF INTENT TO CONSTRUCT TO THE DEPARTMENT REGIONAL OFFICE SHOWN BELOW:

 Oregon Department of Environmental Quality 
 Western Region 
 750 Front Street NE, Suite 120 

Salem, OR 97301 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 1
 Revised 6/7/2007

			
	NOTICE OF INTENT TO CONSTRUCT	  	 FORM AQ104
 ANSWER SHEET

  
  

 Construction Information 

 

	8.	Description of proposed construction: 

  

	
	 Currently, Perpetua is operating out of a leased space at 4314
Research Way in Corvallis, OR. At this site, Perpetua is depositing Bismuth, Antimony, Tellurium, and small amounts of Selenium onto polyimide substrates to produce thermoelectric generation devices. The fabrication processes include standard
semiconductor industry physical vapor deposition (PVD) and lithographic practices. To facilitate expansion, Perpetua is planning to relocate to a new facility with a more suitable production fabrication space.

 
 Fabrication of Perpetua’s products require the use of multiple solvents,
developers, and photoresists during the lithographic processes. Solvents used are N-Methylpyrrolidone (NMP) and Isopropyl Alcohol (IPA). Developers used are 1% sodium carbonate/sodium hydroxide. Photoresists used are the AZ family of photoresists.
An acid waste treatment system will neutralize the liquid waste stream such that any solids will be captured in a settling tank and the bulk of the NMP will be recycled. A water wash fume exhaust scrubber will capture any vapor phase and particulate
materials which are not recycled. The effluent from this scrubber will be directed to the input of the acid waste treatment system to be neutralized.
  

To handle any particulates created during the PVD processes, a filtered, bulk dust collection system will exhaust key locations in the deposition process
to capture bulk Tellurium and Bismuth particulates for direction to a recycling/reuse/disposal process.
  
 Construction plans: Perpetua aims to finalize preliminary permits by the end of October, 2011. Detailed engineering design efforts will directly follow preliminary permit review, with the intent of
completing design work by the end of November. Once the engineering work is done and formal permits have been procured, construction bids will be sought, with the deadline for bidding to be January 15th, 2012. Construction will proceed directly
after contracts have been awarded. Construction is set to complete by February 26th, 2012.

  

							
	 9.
	 	 Will the construction increase the capacity of the facility? 
	 	
  Y    
	  	 If yes, how much?

 

	
	 Currently, we are producing about 30 units/month. The new facility
should produce around 30,000 units/month.

  

							
	 10.
	 	 Will the construction increase pollutant emissions? 
	 	
  N    
	  	 If yes, how much (see question
18)?

  

	
	 

  

							
	 11.
	 	 Will the construction cause new pollutant emissions? 
	 	
  N    
	  	 If yes, which pollutants and how
much?

  

	
	 

  

	12.	Estimated timing of construction. 

  

									
	a.        	  	Commence date:	  	12/1/2011	  		  	
	b.	  	Begin date:	  	1/15/2012	  		  	
	c.	  	Completion date:	  	2/26/2012	  		  	

  

							
	 13.  
	 	 Will tax credits be requested once construction is completed? 
	 	
  Y    
	  	

  

	14.	Attach relevant forms from Form Series AQ200, Device/Process Forms. 

  

	15.	Attach relevant forms from Form Series AQ300, Control Device Description Forms, if applicable. 

 

	16.	Attach process flow diagram. 

  

	17.	Attach a city map or drawing showing the facility location. 

  

	18.	If applicable, attach a Land Use Compatibility Statement. 

	

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 2
 Revised 6/7/2007

			
	NOTICE OF INTENT TO CONSTRUCT	  	 FORM AQ104
 ANSWER SHEET

  
  

 Emissions Data 

 

	19.	Pre-and Post-Construction emissions summary data 

  

											
	  	  	  	  	c. Pre-Construction Emissions	  	d. Post-Construction Emissions
	a. Emissions Point    	  	b. Pollutant    	  	 short-term      

(specify unit)      
	  	 Annual      

(tons/year)      
	  	 short-term      

(specify unit)      
	  	
Annual      
 (tons/year)      

	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  		  		  		  		  	 
	 	 	 	 	 	 
	 	  	 	  	 	  	 	  	 	  	 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 3
 Revised 6/7/2007

			
	SOLVENT USAGE	  	 FORM AQ214
 INSTRUCTIONS

  
  

 Instructions 

 

	1.	Specify the name of the solvent and the chemical constituents (refer to the material safety data sheet or technical data sheet provided by the manufacturer.

  

	2.	Enter the amount of the solvent that is volatile as a percentage. Typically, solvents are 100% volatile. Enter the actual amount if this is not true for the solvent
used at your facility. This information can be obtained from material safety data sheets (MSDS) or technical data sheets provided by the manufacturer or vendor. 

 

	3.	Describe what process the solvent is used for at the facility. Typical uses are parts cleaning, spray gun cleaning, thinners, carrying agents. 

 

	4.	Describe the method for using the solvent at the facility (e.g., dip tank, spray gun, wipe-off, brush, etc.). 

 

	5.	Is any of the solvent recovered and disposed of off site? 

  

	6.	Describe how the solvent is stored. 

  

	7.	Describe any work practices used to minimize pollutant emissions. 

  

	8.	Are there any control devices, such as carbon bed absorber, used to capture the solvent emissions? Indicate yes or no and list the control device identification
numbers. Complete the appropriate AQ300 series form for each control device. 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 1
 Revised 4/25/00

			
	SOLVENT USAGE	  	 FORM AQ214
 ANSWER SHEET

  
  

							
	Facility Name: 	  	Perpetua Power Source Technologies Corporate Headquarters	  	Permit Number: 	  	 

  

							
	1.	  	Solvent name	  	N-Methylpyrrolidone	  	Isopropyl Alcohol
	2.	  	Percent volatile	  	0.032 % (vapor pressure = 0.32mbar)	  	5.8% (vp = 44mmHg)
	3.	  	Chemical constituents	  	C(5)H(9)NO	  	(CH(3))2CHOH
	 	  		  	Carbon, Hydrogen, Nitrogen, Oxygen	  	Carbon, Hydrogen, Oxygen
	 	  		  	 	  	 
	 	  		  	 	  	 
	4.	  	Process	  	Photoresist Rinse	  	NMP Rinse
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	5.	  	Application method	  	Dip and/or spray	  	Dip and/or spray
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	6.	  	Solvent recovery?	  	Yes	  	Yes
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	7.	  	Solvent storage	  	Drum, in ventilated chem storage rm	  	Drum, in ventilated chem storage rm
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	8.	  	Work practices	  	Gloved handling, usage in fume	  	Gloved handling, usage in fume
	 	  		  	exhausted environment	  	exhausted environment
	 	  		  	 	  	 
	 	  		  	 	  	 
	9.    	  	Control device(s) (yes/no?)	  	Yes	  	Yes
	 	  	Control device ID	  	Fume Exhaust Scrubber	  	Fume Exhaust Scrubber

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 2
 Revised 4/25/00

			
	SOLVENT USAGE	  	 FORM AQ214
 INSTRUCTIONS

  
  

 Instructions 

 

	1.	Specify the name of the solvent and the chemical constituents (refer to the material safety data sheet or technical data sheet provided by the manufacturer.

  

	2.	Enter the amount of the solvent that is volatile as a percentage. Typically, solvents are 100% volatile. Enter the actual amount if this is not true for the solvent
used at your facility. This information can be obtained from material safety data sheets (MSDS) or technical data sheets provided by the manufacturer or vendor. 

 

	3.	Describe what process the solvent is used for at the facility. Typical uses are parts cleaning, spray gun cleaning, thinners, carrying agents. 

 

	4.	Describe the method for using the solvent at the facility (e.g., dip tank, spray gun, wipe-off, brush, etc.). 

 

	5.	Is any of the solvent recovered and disposed of off site? 

  

	6.	Describe how the solvent is stored. 

  

	7.	Describe any work practices used to minimize pollutant emissions. 

  

	8.	Are there any control devices, such as carbon bed absorber, used to capture the solvent emissions? Indicate yes or no and list the control device identification
numbers. Complete the appropriate AQ300 series form for each control device. 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 1
 Revised 4/25/00

			
	SOLVENT USAGE	  	 FORM AQ214
 ANSWER SHEET

  
  

							
	Facility Name: 	  	Perpetua Power Source Technologies Corporate Headquarters	  	Permit Number: 	  	 

  

							
	1.	  	Solvent name	  	Sodium Hydroxide	  	AZ 111 xfs
	2.	  	Percent volatile	  	0.13% (vp = 1mmHg)	  	0.38% (vp = 2.9mmhG)
	3.	  	Chemical constituents	  	NaOH	  	1-Methoxy-2-propanol acetate, 79%
	 	  		  	Sodium, Oxygen, Hydrogen	  	Cresol novolak resin, 13%
	 	  		  	 	  	Alkylether polymer, 4%
	 	  		  	 	  	Diazonaphthoquinonsulfonic ester, 3%
	4.	  	Process	  	Photoresist Developer	  	Photoresist
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	5.	  	Application method	  	Dip or Spray	  	Dip or spray
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	6.	  	Solvent recovery?	  	Yes	  	Yes
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	7.	  	Solvent storage	  	Drum, in ventilated chem storage rm	  	Drum, in ventilated chem storage rm
	 	  		  	 	  	 
	 	  		  	 	  	 
	 	  		  	 	  	 
	8.	  	Work practices	  	Gloved handling, fume exhausted dip	  	Gloved handling, fume exhausted dip
	 	  		  	tank usage,	  	tank usage
	 	  		  	 	  	 
	 	  		  	 	  	 
	9.    	  	Control device(s) (yes/no?)	  	Yes	  	Yes
	 	  	Control device ID	  	Fume Exhaust Scrubber	  	Fume Exhaust Scrubber

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 2
 Revised 4/25/00

			
	 WET SCRUBBER

CONTROL DEVICE INFORMATION
	  	 AQ303
 INSTRUCTIONS

  
  

	1.	Enter the control device identification label (e.g. North Scrubber, Scrubber-1, alpha scrubber, S-1) 

 

	2.	Enter the processes and/ or devices controlled by this unit. May use ID labels or descriptions. 

 

	3.	Enter the year the control device was, or will be installed. 

  

	4.	Enter the manufacturer and model number of the control device. 

  

	5.	Enter the rated control efficiency, in percent, by pollutant for the control device. 

 

	6.	Specify the type of wet scrubber (e.g. venturi, packed bed, spray tower, etc). 

 

	7.	Is the water re-circulated or only passed through the scrubber once? 

  

	8.	Enter the design water flow rate (gallons/minute). 

  

	9.	Enter the design water pressure (pounds per square inch gauge). 

  

	10.	Enter the design inlet gas flow rate (actual cubic feet per minute). 

  

	11.	Enter the design pressure drop across the scrubber (inches of water). 

  

	12.	Describe/List any inlet gas pretreatment systems/devices. If the pretreatment systems are separate control devices, complete the appropriate control device description
form for each device. 

  

	13.	Describe any water treatment systems such as settling ponds or chemical additives. 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 1
 Revised 4/25/00

			
	 WET SCRUBBER

CONTROL DEVICE INFORMATION
	  	 AQ303
 ANSWER SHEET

  
  

							
	Facility Name: 	  	Perpetua Power Source Technologies Corporate Office	  	Permit Number: 	  	 

  

									
	1.	 	Control Device ID	  	Acid Exhaust Scrubbr	  	 	  	 
	2.	 	Process/Device(s) Controlled	  	Photolithography	  	 	  	 
	3.	 	Year installed	  	2,012	  	 	  	 
	4.	 	Manufacturer/Model No.	  	KCH Engineer Systems	  	 	  	 
	5.	 	Control Efficiency(%)	  	95%	  	 	  	 
	6.	 	Type of scrubber	  	Verticle	  	 	  	 
	7.	 	Is water re-circulated?	  	Yes	  	 	  	 
	8.	 	Design water flow rate (gpm)	  	75	  	 	  	 
	9.	 	Design water pressure (psig)	  	17.8	  	 	  	 
	10.	 	Design inlet gas flow rate (acfm)	  	5000	  	 	  	 
	11.	 	Design pressure drop (inches of water)	  	5	  	 	  	 
	12.	 	Inlet gas pretreatment? (yes/no) If yes, list control device ID and complete a separate control device form	  	No	  	 	  	 
	13.    	 	Describe any water treatment systems*	  	disc to pH control sys	  	 	  	 

  

	*	Attach additional pages, if necessary. 

  

	
	 see attached quote

	 
	 

  
  

			
	 Oregon Department of Environmental Quality
 Air Contaminant Discharge Permit Application
	  	 Page 2
 Revised 4/25/00

 

 
 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 1/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  
 1. Product and
Company Identification 
  

			
	Company	  	24 Hour Emergency Response Information
	BASF CORPORATION	  	CHEMTREC: 1-800-424-9300
	100 Campus Drive	  	BASF HOTLINE: 1-800-832-HELP
	Florham Park, NJ 07932, USA	  	

  

 
  

					
	Molecular formula:	  	C(5)H(9)NO	  	
	Chemical family:	  	heterocyclic, amides	  	
	Synonyms:	  	NMP TECHNICAL	  	

  
  

2. Hazards Identification 

Emergency overview 
 NOT FOR COSMETIC USE 
 WARNING: 

COMBUSTIBLE LIQUID. 
 Irritating to eyes and skin. 
 INGESTION MAY CAUSE GASTRIC DISTURBANCES.

 A component of this product has been shown to be developmentally toxic in animal studies. 

Use with local exhaust ventilation. 
 Avoid contact with the skin, eyes and clothing. 
 Wear a NIOSH-certified (or
equivalent) organic vapour respirator. 
 Wear chemical resistant protective gloves. 

Wear NIOSH-certified chemical goggles. 
 Wear protective clothing. 
 Eye wash fountains and safety showers must be easily
accessible. 
 State of matter: liquid 
 Colour: clear 
 Colour: colourless 

Odour: mild 

Potential health effects 
 Primary routes of exposure: 
 Routes of entry for solids and liquids include
eye and skin contact, ingestion and inhalation. Routes of entry for gases include inhalation and eye contact. Skin contact may be a route of entry for liquified gases. 
 Acute toxicity: 
 Virtually nontoxic by inhalation. Of low toxicity after
short-term skin contact. Of low toxicity after single ingestion. 
 Irritation / corrosion: 

Eye contact causes irritation. Skin contact causes irritation. 

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 2/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 Chronic toxicity: 

Carcinogenicity: Results from a number of long-term carcinogenity studies and short-term tests are available. Taking into account
all of the information, there is no indication that the substance itself is carcinogenic. 
 Reproductive toxicity: As
shown in animal studies, the product may cause damage to the testes after repeated high exposures that cause other toxic effects. 
 Teratogenicity: The substance caused malformations/developmental toxicity in laboratory animals. 
 Genotoxicity: The substance was not mutagenic in bacteria. The substance was not mutagenic in mammalian cell culture. The substance was not mutagenic in a test with mammals. 

Medical conditions aggravated by overexposure: 
 Data available do not indicate that there are medical conditions that are generally recognized as being aggravated by exposure to this substance/product. See MSDS section 11 - Toxicological information.

 Potential environmental effects 
 Aquatic toxicity: 
 There is a high probability that the product is not
acutely harmful to aquatic organisms. The inhibition of the degradation activity of activated sludge is not anticipated when introduced to biological treatment plants in appropriate low concentrations. 

 
  
 3. Composition / Information on Ingredients 
  

					
	 CAS Number
	  	 Content (W/W)
	  	 Chemical name

	 872-50-4
	  	>= 99.8%	  	N-Methylpyrrolidone
	 60544-40-3
	  	<= 0.4%	  	Pyrrolidinone, dimethyl-

  
  

4. First-Aid Measures 

If inhaled: 
 Remove the affected individual into fresh air and keep the person calm. Assist in breathing if necessary. Immediate medical attention required. 

If on skin: 
 Wash affected areas thoroughly with soap and water. If irritation develops, seek medical attention. 
 If in eyes: 
 In case of contact with the eyes, rinse immediately for at
least 15 minutes with plenty of water. Seek medical attention. 
 If swallowed: 

Rinse mouth and then drink plenty of water. Induce vomiting. Never induce vomiting or give anything by mouth if the victim is unconscious
or having convulsions. Immediate medical attention required. 
  
  

5. Fire-Fighting Measures 
  

					
	Flash point:	  	196 °F	  	(ASTM D93)
	Autoignition:	  	245 °C	  	(DIN 51794)
	Lower explosion limit:	  	1.3%(V)	  	
	Upper explosion limit:	  	9.5%(V)	  	
	Self-ignition temperature:	  		  	not self-igniting

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 3/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 Suitable extinguishing media: 

water spray, dry extinguishing media, foam, carbon dioxide 
 Hazards during fire-fighting: 
 nitrous gases 

Protective equipment for fire-fighting: 
 Firefighters should be equipped with self-contained breathing apparatus and turn-out gear. 
 Further information: 
 Collect contaminated extinguishing water separately,
do not allow to reach sewage or effluent systems. 
  
  

6. Accidental release measures 
 Personal precautions: 
 Wear appropriate respiratory protection. Use
personal protective clothing. Ensure adequate ventilation. 
 Environmental precautions: 

This product is not regulated by RCRA. This product is not regulated by CERCLA (‘Superfund’). 

Cleanup: 

Spills should be contained, solidified, and placed in suitable containers for disposal. 

For small amounts: Pick up with absorbent material (e.g. sand, sawdust, general-purpose binder). Dispose of absorbed material in
accordance with regulations. 
 For large amounts: Pump off product. 

 
  
 7. Handling and Storage 
 Handling 

General advice: 
 Ensure thorough ventilation of stores and work areas. 
 Avoid contact with skin and
eyes. Wear suitable gloves and eye/face protection. 
 Protection against fire and explosion: 

The product is combustible. 
 Storage 
 General advice: 

Containers should be stored tightly sealed in a dry place. 

 
  
 8. Exposure Controls and Personal Protection 
 Advice on system design:

 Provide local exhaust ventilation to maintain recommended P.E.L. 

Personal protective equipment 
 Respiratory protection: 
 Wear a NIOSH-certified (or equivalent) organic
vapour respirator. Observe OSHA regulations for respirator use (29 CFR 1910.134). 
 Hand protection: 

Wear chemical resistant protective gloves., butyl rubber (butyl)—0.7 mm coating thickness, Consult with glove manufacturer for
testing data. 

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 4/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 Eye protection: 

Wear face shield or tightly fitting safety goggles (chemical goggles) if splashing hazard exists. Safety glasses with side-shields.

 Body protection: 
 Body protection must be chosen depending on activity and possible exposure, e.g. head protection, apron, protective boots, chemical-protection suit. 

General safety and hygiene measures: 
 Handle in accordance with good industrial hygiene and safety practice. Wearing of closed work clothing is required additionally to the stated personal protection equipment. Females of childbearing age
should not come into contact with the product. Eye wash fountains and safety showers must be easily accessible. Wear protective clothing as necessary to minimize contact. Wash soiled clothing immediately. When using do not eat or drink. When using
do not smoke. Gloves must be inspected regularly and prior to each use. Replace if necessary (e.g. pinhole leaks). Handle in accordance with good industrial hygiene and safety practice. 

 
  
 9. Physical and Chemical Properties 
  

					
	Form:	  	liquid	  	
	Odour:	  	mild, amine-like	  	
	Colour:	  	clear	  	
		  	colourless	  	
	pH value:	  	8.5 - 10	  	( 100 g/l, 20 °C)
	Melting point:	  	-23.6 °C	  	( 760 mmHg)
	Boiling point:	  	204.3 °C	  	( 760 mmHg)
	Vapour pressure:	  	0.32 mbar	  	( 20 °C)
	Density:	  	1.028 g/cm3	  	( 25 °C) (DIN 51757)
	Partitioning coefficient n-	  	-0.46	  	( 25 °C) (OECD Guideline 107)
	octanol/water (log Pow):	  		  	
	Viscosity, dynamic:	  	1.796 mPa.s	  	( 20 °C)
	Solubility in water:	  		  	miscible
	Solubility (qualitative):	  	miscible	  	
		  	solvent(s): organic solvents,	  	
	Molar mass:	  	99.00 g/mol	  	

  
  

10. Stability and Reactivity 
 Substances to avoid: 
 strong acids, oxidizing agents 

Hazardous reactions: 
 Exothermic reaction. 
 Reacts with oxidizing agents. 

Decomposition products: 
 Hazardous decomposition products: carbon monoxide, carbon dioxide, nitrogen oxides 

Thermal decomposition: 
 approx. > 300 °C 
 Corrosion to metals: 

No corrosive effect on metal. 

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 5/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 11. Toxicological information 

Acute toxicity 
 Information on: n-Methylpyrrolidone 
  

Oral: 

Type of value: LD50 
 Species: rat 
 Value: 3,605 mg/kg 

Inhalation: 
 Type of value: LC50 
 Species: rat 

Value: > 5.1 mg/l 
 Exposure time: 4 h 
 Dermal: 

Type of value: LD50 
 Species: rat 
 Value: 5,000 mg/kg 

Irritation / corrosion 
 Information on: n-Methylpyrrolidone 
  

Skin: 

Species: rabbit 

Result: Irritant. 

Method: Draize test 
 Eye: 
 Species: rabbit 

Result: Irritant. 

Method: Draize test 
 Repeated dose toxicity 
 Information on: n-Methylpyrrolidone

  
 Experimental/calculated data: 
 rat by inhalation 2 Week 10 dose 

rat by inhalation 2 Week 10 dose 
 rat by inhalation 2 Week 10 dose 
  

 
 12. Ecological Information 

Fish 

Acute: static 

Salmo gairdneri, syn. O. mykiss/LC50 (96 h): > 500 mg/l 
 The details of the toxic effect relate to the nominal concentration. 
 Aquatic
invertebrates 
 Acute: 
 DIN 38412 Part 11 static 
 Daphnia magna/EC50 (24 h): > 1,000 mg/l 

The details of the toxic effect relate to the nominal concentration. 

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 6/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 Aquatic plants 

Toxicity to aquatic plants: 
 DIN 38412 Part 9 green algae/EC50 (72 h): > 500 mg/l 
 The details of the toxic
effect relate to the nominal concentration. 
 Microorganisms 

Toxicity to microorganisms: 
 DIN EN ISO 8192 aquatic 
 activated sludge, industrial/EC50 (0.5 h): > 600 mg/l

 The details of the toxic effect relate to the nominal concentration. 

Degradability / Persistence 
 Biological / Abiological Degradation 
  

			
	Test method:	  	OECD 301C; ISO 9408; 92/69/EEC, C.4-F (aerobic), Inoculum conforming to MITI
	Method of analysis:	  	BOD of the ThOD
	Degree of elimination:	  	73 % (28 d)
	Evaluation:	  	Readily biodegradable (according to OECD criteria).
		  	Readily biodegradable (according to OECD criteria).
		  	Easily eliminated from water.

 Bioaccumulation 
 Because of the n-octanol/water distribution coefficient (log Pow) accumulation in organisms is not to be expected. 
  

 
 13. Disposal considerations 

Waste disposal of substance: 
 Dispose of in accordance with national, state and local regulations. Do not discharge into waterways or sewer systems without proper authorization. 

Container disposal: 
 Dispose of in a licensed facility. Recommend crushing, puncturing or other means to prevent unauthorized use of used containers. 

 
  
 14. Transport Information 
  

			
	Land transport	  	
	USDOT	  	
		
		  	Classified as combustible liquid in containers greater than 119 gallons.
		
	Sea transport	  	
	IMDG	  	
		
		  	Not classified as a dangerous good under transport regulations
		
	Air transport	  	
	IATA/ICAO	  	
		
		  	Not classified as a dangerous good under transport regulations

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 7/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

  

15. Regulatory Information 
  

					
	Federal Regulations	  		  	
			
	Registration status:	  		  	
			
	Chemical	  	TSCA, US	  	released / listed

  

			
	OSHA hazard category:	  	Skin and/or eye irritant; Combustible Liquid; Chronic target organ effects reported

 

			
	EPCRA 311/312 (Hazard categories):	  	Fire; Chronic; Acute

  

							
	 EPCRA 313:
	  		  		  	
				
	 CAS Number
	  	 Chemical name
	  	 	  	 
	872-50-4	  	N-Methylpyrrolidone	  		  	
				
	 CERCLA RQ
	  	 CAS Number
	  	 Chemical name
	  	 
	100 LBS	  	74-89-5	  	methylamine	  	

  

							
	State regulations	  		  		  	
				
	 State RTK
	  	 CAS Number
	  	 Chemical name
	  	 
	MA, PA	  	872-50-4	  	N-Methylpyrrolidone	  	

 CA Prop. 65: 
 THIS PRODUCT CONTAINS A CHEMICAL(S) KNOWN TO THE STATE OF CALIFORNIA TO CAUSE CANCER AND BIRTH DEFECTS OR OTHER REPRODUCTIVE HARM. 

 
  
 16. Other Information 
  

									
	NFPA Hazard codes:
					
	Health : 2	  	Fire: 2	  	Reactivity: 0	  	Special:	  	

  

					
	HMIS III rating
			
	Health: 2¤	  	Flammability: 2	  	Physical hazard: 0

 NFPA and HMIS use a numbering scale ranging from 0 to 4 to indicate the degree of hazard. A value of zero
means that the substance possesses essentially no hazard; a rating of four indicates extreme danger. Although similar, the two rating systems are intended for different purposes, and use different criteria. The NFPA system was developed to provide
an on-the-spot alert to the hazards of a material, and their severity, to emergency responders. The HMIS system was designed to communicate workplace hazard information to employees who handle hazardous chemicals. 

BASF supports worldwide Responsible Care® initiatives. We value the health and safety of our employees, customers, suppliers and
neighbors, and the protection of the environment. Our commitment to Responsible Care is integral to conducting our business and operating our facilities in a safe and environmentally responsible fashion, supporting our customers and suppliers in
ensuring the safe and environmentally sound handling of our products, and minimizing the impact of our operations on society and the environment during production, storage, transport, use and disposal of our products. 

 
  
 Local Contact Information 
 prod_reg@basf.com 

IMPORTANT: WHILE THE DESCRIPTIONS, DESIGNS, DATA AND INFORMATION CONTAINED HEREIN ARE PRESENTED IN GOOD FAITH AND BELIEVED TO BE ACCURATE,
IT IS PROVIDED FOR YOUR GUIDANCE ONLY. BECAUSE MANY FACTORS MAY AFFECT PROCESSING OR APPLICATION/USE, WE 

 Safety Data Sheet 
 N-Methylpyrrolidone EG 
  

			
	Revision date : 2010/02/08	  	Page: 8/8
	Version: 4.0	  	(30036603/SDS_GEN_US/EN)

  

 

 RECOMMEND THAT YOU MAKE TESTS TO DETERMINE THE SUITABILITY OF A PRODUCT FOR YOUR
PARTICULAR PURPOSE PRIOR TO USE. NO WARRANTIES OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, ARE MADE REGARDING PRODUCTS DESCRIBED OR DESIGNS, DATA OR INFORMATION SET FORTH, OR
THAT THE PRODUCTS, DESIGNS, DATA OR INFORMATION MAY BE USED WITHOUT INFRINGING THE INTELLECTUAL PROPERTY RIGHTS OF OTHERS. IN NO CASE SHALL THE DESCRIPTIONS, INFORMATION, DATA OR DESIGNS PROVIDED BE CONSIDERED A PART OF OUR TERMS AND CONDITIONS OF
SALE. FURTHER, YOU EXPRESSLY UNDERSTAND AND AGREE THAT THE DESCRIPTIONS, DESIGNS, DATA, AND INFORMATION FURNISHED BY BASF HEREUNDER ARE GIVEN GRATIS AND BASF ASSUMES NO OBLIGATION OR LIABILITY FOR THE DESCRIPTION, DESIGNS, DATA AND INFORMATION GIVEN
OR RESULTS OBTAINED, ALL SUCH BEING GIVEN AND ACCEPTED AT YOUR RISK. 
 END OF DATA SHEET 

			
	 MATERIAL SAFETY DATA SHEET
 AZ 111 XFS Photoresist
	  	

                    
	  
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

 Section 01 - Product Information 

 

			
	Identification of the	  	AZ Electronic Materials USA Corp.
	company:	  	70 Meister Avenue
		  	Somerville, NJ 08876
		  	Telephone No.: 800-515-4164
		
		  	Information on the substance/preparation
		
		  	Product Safety: 908-429-3562
		
		  	Emergency Tel. number: 800-424-9300 CHEMTREC
		  	

  

					
		  	Trade name:	  	AZ® 111 XFS Photoresist

 Section 02 - Composition information 

Hazardous ingredients: 
  

					
	 Chemical Name
	  	CAS-no. (Trade
secret no.)	  	Concentration [%]
	 1-Methoxy-2-propanol acetate
	  	108-65-6	  	79.00

 Non-hazardous ingredients: 

 

					
	 Chemical Name
	  	CAS-no. (Trade
secret no.)	  	Concentration [%]
	 Cresol novolak resin
	  	67829000004-5809P	  	13.00
	 Alkylether polymer
	  	67829000004-5928P	  	  4.00
	 Diazonaphthoquinonesulfonic esters
	  	52125-43-6	  	  3.00
	 Styrene-acrylic polymer
	  	24980-16-3	  	  1.00

 Section 03 - Hazardous identification 

 

			
	Emergency overview:	  	OSHA combustible liquid; DOT flammable liquid., Amber-red liquid with characteristic odor., Partially dissolves in water leaving a floating viscous mass., Irritating on contact or
inhalation.
		
	Expected route of entry	  	
		
	Skin contact:	  	yes
		
	Ingestion:	  	no

  
  

1/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

			
	Inhalation:	  	yes
		
	Eye contact:	  	Contact with liquid and vapors.
		
	Skin absorption:	  	yes
		
	Health effects of exposure:	  	

 Component information: 
 Eye: Causes eye irritation. Skin: Causes skin irritation. Ingestion: May be harmful if swallowed. Inhalation: Single exposure unlikely to be hazardous. High vapor concentration causes irritation to the
nose, throat, and lungs. Systemic Effects: No hazard in normal industrial use. Reproductive & birth defects: Exposures having no adverse effect on the mother should have no effect on the fetus. 

1-Methoxy-2-propanol acetate (108-65-6) 
 1-Methoxy-2-propanol acetate (PGMEA) can cause skin, eye, and respiratory irritation. Extreme or prolonged exposure may cause gastric and central nervous system effects. Long term, high level exposure to
PGMEA has resulted in adverse effects to the livers and kidneys of experimental animals. PGMEA is readily absorbed through intact skin. 
  

			
	Known effects on other illnesses:	  	Preexisting skin, eye, and respiratory conditions may be aggravated.
		
	Listed carcinogen:	  	IARC: NO        NTP: NO        OSHA: NO

  

							
	HMIS:	 		 		 	
				
	Health: 2	 	Flammability: 2	 	Reactivity: 0	 	Personal protection: X
				
	NFPA:	 		 		 	
				
	Health: 2	 	Flammability: 2	 	Reactivity: 0	 	Special notice: NONE

 Section 04 - First aid measures 

 

			
	After inhalation:	  	Remove victim to fresh air.
		
	After contact with skin:	  	Immediately remove contaminated clothing. Flush affected area thoroughly with water. After flushing with water, remove residue with soap and water. If necessary, clean area with a
cloth or paper towel wetted with acetone. Assure adequate ventilation. Dispose of cloth/towel in a suitable receptacle. Consult physician if exposure is extensive or if irritation occurs.
		
	After contact with eyes:	  	Flush thoroughly with water for 15 minutes. Get immediate medical help.

  
  

2/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

			
	After ingestion:	  	 If person is conscious, give water or milk to dilute stomach contents.

 
 Never give anything by mouth to an unconscious person. Consult
physician.

		
	 Advice to doctor /

Treatment:
	  	Administer oxygen if there is difficulty in breathing.

 Section 05 - Fire fighting measures 

 

			
	Flash point:	  	108 °F
		  	Method: closed cup
		
	Suitable extinguishing media:	  	water spray jet, foam, dry powder, carbon dioxide
		
	Special fire fighting procedure:	  	Use self-contained breathing apparatus and full protective clothing. Use water spray to cool drums in fire area.
		
	Specific hazards during fire fighting:	  	Thermal decomposition may generate carbon dioxide and carbon monoxide, oxides of sulfur and nitrogen, and hydrogen fluoride.
		
	Unusual fire and explosion hazards:	  	Solvent vapors., Emits toxic fumes under fire conditions.

 Section 06 - Accidental release measures 

 

			
	Steps to be taken in case of spill or leak:	  	Wearing appropriate personal protective equipment, contain spill, ventilate area of spill or leak, remove all sparking devices or ignition sources, collect onto inert absorbent, and
place in a suitable container.

 Section 07 - Handling and Storage 
 Advice on safe handling: 
 Avoid breathing vapors and contact with skin,
eyes, and clothing. 
 Wash thoroughly after handling. 
 Keep container closed. 
 Keep away from heat, sparks, and flame. 

Further information for storage conditions: 
 Transport and store under dry conditions tightly closed and protected from heat and light. 

  
  

3/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

 Section 08 - Exposion Control / personal protection 

 

			
	Respiratory protection:	    	Chemical cartridge respirator recommended for exposures exceeding TLV.
		
	Hand protection:	    	For short-term exposure (splash protection):
		    	Nitrile rubber gloves.
		
	Eye protection:	    	Safety eyewear to protect against splashes.
		
	Skin and body protection:	    	Clothing suitable to prevent skin contact.
		
	Advice on system design:	    	Use local exhaust ventilation.
		
	IDLH:	    	Listed: no

 Section 09 - Physical and chemical properties 

 

			
	Form:	    	Liquid
		
	Color:	    	Clear, amber-red
		
	Odor:	    	Strong, characteristic odor.
		
	Density:	    	1 g/cm3
		    	20 °C
		
	Starts to boil:	    	from 145 °C
		
	        Evaporation number:	    	0.33 (PGMEA)
		
	Vapor pressure:	    	2.9 Torr
		    	Method: calculated
		
	Viscosity, dynamic:	    	< 25 mPas
		    	20 °C
		
	Loss on drying:	    	79 %

 Section 10 - Stability and reactivity 

 

			
	Hazardous reactions:	    	Stable.
		
	Hazardous polymerization:	    	Will not occur.
		
	Conditions to avoid:	    	Avoid contact with oxidizing agents. Avoid contact with strong acids. Avoid contact with alkaline materials.

  
  

4/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

 Section 11 - Toxiclogical information 

 

			
	Acute oral toxicity:	    	Based on data from components this material is considered, not harmful (rat acute oral LD50 > 5000 mg/kg).
		
	Acute inhalation toxicity	    	Based on data from components, this material is considered, not harmful (LC50 greater than 10,000 ppm or 200 mg/L), Based on component data, material is considered irritating to the
respiratory tract.
		
	Acute dermal toxicity:	    	The acute toxicity via the dermal route of exposure, based on component data, suggest that this material should be considered not harmful (rabbit or rat dermal LD50 greater than
2000 mg/kg)
		
	Skin irritation:	    	Based on data from components, this material is considered a non-irritant; however, the product is considered to be a human skin irritant.
		
	Eye irritation:	    	Based on data from components, this material is considered to be a mild eye irritant.
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	    Acute oral toxicity:	    	LD50 rat (male)
		    	8,500 mg/kg
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	    Acute oral toxicity:	    	LD50 rat (female)
		    	10,000 mg/kg
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	    Acute inhalation toxicity	    	LC50 rat
		    	> 4350 ppm
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	    Acute dermal toxicity:	    	LD50 rabbit
		    	> 5 mg/kg

 Section 12 - Ecological information 

 

			
	Biodegradability:	    	No information.
		
	Toxicity to fish:	    	 Based on data from components, this material is classified as:,
 Not Harmful (LC50 > 100 mg/L).

		
	
              Toxicity of aquatic

invertebrates:
	    	 Based on data from components, this material is classified as:,
 Not Harmful (EC50 greater than 100 mg/L).

  
  

5/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

			
	        Toxicity to algae :	    	No data available.
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	Toxicity to fish:	    	(Fathead minnow)
		    	161 mg/l
	
	1-Methoxy-2-propanol acetate (108-65-6)
		
	    Toxicity of aquatic	    	(Daphnia magna)
	    invertebrates:	    	400 mg/l

 Section 13 - Disposal considerations 

 

			
	Product:	    	Consult local, state, and federal regulations.
		
		    	For disposal, this material is a flammable hazardous waste under RCRA.
		
	RCRA hazardous waste:	    	RCRA number: D001

 Section 14 - Transport information 
 Land transport 
  

	 	•	 	 DOT: 

			
	UN-No:	    	1993
	Proper technical name:	    	FLAMMABLE LIQUID, N.O.S. contains
		    	(Methoxypropylacetate)
		    	3
	Packaging group:	    	III
	Labels:	    	3

Sea transport 
  

	 	•	 	 IMDG: 

			
	UN-No:	    	1993
	Proper technical name:	    	FLAMMABLE LIQUID, N.O.S. contains
		    	(Methoxypropylacetate)
	Class:	    	3
	Packaging group:	    	III
	Marine pollutant:	    	
	EmS:	    	F-E, S-E
	MFAG:	    	
	Labels:	    	3

  
  

6/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

   Air transport 

 

	 	•	 	 ICAO/IATA-DGR: 

					
	 UN/ID No.:
	 		  	UN 1993
	 Proper technical name:
	 		  	FLAMMABLE LIQUID, N.O.S. contains
		 		  	(Methoxypropylacetate)
	 Class:
	 		  	3
	 Packaging group:
	 		  	III
	 Labels:
	 		  	3

 Section 15 - Regulatory information 

 

					
	TSCA Status:	 		  	All components of this product are listed on the TSCA Inventory.
			
	SARA (section 311/312):	 		  	Reactive hazard: no
		 		  	Pressure hazard: no
		 		  	Fire hazard: yes
		 		  	Immediate/acute: yes
		 		  	Delayed/chronic: no
			
	SARA 313 information:	 		  	This product is not subject to SARA Title III Section 313
		 		  	reporting requirements under 40 CFR 372.
			
	Volatile organic	 		  	Content VOC (g/l): 795 g/l
	compounds:	 		  	Method: calculated

 Section 16 - Other information 
 Label information 
 CAUTION! 

COMBUSTIBLE LIQUID AND VAPOR HARMFUL IF SWALLOWED, INHALED OR ABSORBED THROUGH SKIN Contains material that, based on animal data, can
cause skin, eye, and respiratory irritation. Prolonged or repeated overexposure may cause gastric and central nervous system effects. 
 Keep away from heat and flame. Avoid breathing vapor. Avoid contact with skin, eyes, and clothing. Use only with adequate ventilation, and proper protective eyewear, gloves, and clothing. Wash thoroughly
after handling. Keep container closed. 

  
  

7/8 

			
	 MATERIAL SAFETY DATA SHEET

AZ 111 XFS Photoresist
	  	

                    
		  
	 Substance key: SXR097693
	  	REVISION DATE: 07/06/2005                    
	 Version 1
	  	Print Date:
07/06/2005                    

 
  

 In case of contact, flush eyes with plenty of water for 15 minutes. Get medical
attention immediately. Flush affected skin areas with water, and wash with mild soap and water. Remove contaminated clothing. If INHALED, remove individual to fresh air. If breathing is difficult, give oxygen. If ingested, give water or milk to
dilute stomach contents. Never give anything by mouth to an unconscious person. Get medical attention immediately for ingestion or breathing problems or if skin contact is extensive. 

In case of fire, use water, alcohol resistant foam, dry chemical, or CO2. 

If spilled, wear protective clothing, remove ignition sources, prevent sparks, and ventilate area. Absorb with inert material, collect,
and place in a chemical waste container. 
 Keep sealed in original container. Product must be kept refrigerated until use.
Temperature range for refrigeration is 30 to 55 F (- 1 to 13 C). Allow product to reach ambient temperature prior to use. Empty container may contain harmful residue. 
 The solvent in this product is not photochemically reactive per Rule 102 of the California South Coast Air Quality Management District. 

 
  
 This information is supplied under the OSHA Hazard Communication Standard, 29 CFR 1910.1200, and is offered in good faith based on data available to us that we believe to be true and accurate. The
recommended industrial hygiene and safe handling procedures are believed to be generally applicable to the material. However, each user should review these recommendations in the specific context of the intended use and determine whether they are
appropriate for that use. No warranty, express or implied, is made regarding the accuracy of this data, the hazards connected with the use of the material, or the results to be obtained from the use thereof. We assume no responsibility for damage or
injury from the use of the product described herein. Data provided here are typical and not intended for use as product specifications. (R) and TM indicate trademarks of AZ Electronic Materials USA Corp., its business partners and suppliers.

  
  

  
  

8/8 

			
	Kinetronics Corporation	  	Phone 941-951-2432
	4363 Independence Court	  	Fax 941-955-5992
	Sarasota, Florida 34234	  	Web Site: www.kinetronics.com

  

 Material Safety Data Sheet 

Isopropyl Alcohol 
 PRODUCT & COMPANY IDENTIFICATION 
 In case of Emergency call CHEMTREC
1-800-424-9300 
  

					
	Supplier	  	 Simchem Corporation, 311 Sarasota Center Blvd., P.O. Box 697, Osprey, Florida, 34229-0697

(941) 377-9935        Fax (941) 377-9539

	CAS Number	  	67-63-0	  	
	Synonyms	  	Isopropanol; sec-propyl alcohol; sec-propanol; dimethylcarbinol
	Formula	  	(CH3 )2CHOH

 TRANSPORTATION DATA 

 

			
	US Department of Transportation – 49 CFR	  	
	Proper Shipping Name	  	Isopropanol
	UN Number	  	UN1219
	Hazard Class	  	3
	Packing Group	  	II
	Labels	  	Flammable Liquid

 PHYSICAL/CHEMICAL DATA 

 

			
	Appearance	  	Clear, colorless liquid
	Odor	  	Rubbing alcohol
	Boiling Point	  	82o C
	Melting Point	  	-89o C
	Vapor Pressure	  	44 @ 25o C (mm Hg)
	Vapor Density (Air = 1)	  	2.1
	Specific Gravity	  	0.79 @ 20o C / 4o C
	Solubility in Water	  	Miscible in water
	Volatile by Volume	  	100% @ 21o C
	Evaporation Rate	  	2.83 (BuAc =1)

 REACTIVITY DATA 
  

			
	Stability	  	Stable
		
	Incompatibility	  	Heat, flame, strong oxidizers, acetaldehyde, acids, chlorine, ethylene oxide, isocyanates.
		
	Hazardous Decomposition Products	  	Carbon dioxide and carbon monoxide may form when heated to decomposition.
		
	Conditions to Avoid	  	Heat, flame, ignition sources and incompatibles.
		
	Hazardous Polymerization	  	Will not occur.

  
 Isoprophyl Alcohol: Material
Safety Data Sheet 
 1 

			
	Kinetronics Corporation	  	Phone: (941) 951-2432
	4363 Independence Ct.	  	Fax: (941) 955-5992
	Sarasota, FL 34234	  	Web Site: www.Kinetronics.com

  

 FIRE AND EXPLOSION HAZARD DATA 

 

			
	Flash Point	  	12o C
		
	Auto Ignition Temperature	  	399o C
		
	Flammable Limits	  	LEL: 2.0
		  	UEL: 12.7
		
	Fire Extinguishing Spray	  	Water spray, dry chemical, alcohol foam, or carbon dioxide. Water spray may be used to keep fire exposed containers cool, dilute spills and nonflammable mixtures, protect
personnel attempting to stop leak and disperse vapors.
		
	Explosion	  	Above flash point, vapor air mixtures are explosive within flammable limits noted above. Contact with strong oxidizers may cause fire or explosion. Vapors can flow along surfaces
to distant ignition source and flash back. Sensitive to static discharge.
		
	Special Information	  	In the event of a fire, wear full protective clothing and NIOSH-approved self- contained breathing apparatus with full face piece operated in the pressure demand for other
positive pressure mode.

 PRECAUTIONS FOR SAFE HANDLING & USE 

 

			
	to be Taken in Case Material is Steps Spilled or Released	  	Ventilate area of leak or spill. Remove all sources of ignition. Wear appropriate personal protective equipment as specified on section 5. Isolate hazard area. Keep unnecessary
and unprotected personnel from entering. Contain and recover liquid when possible Use non-sparking tools and equipment. Collect liquid in an appropriate container or absorb with an inert material and place in a chemical waste container. Do not use
combustible materials, such as saw dust. Do not flush to sewer! If a leak or spill has not ignited, use water spray to disperse the vapors, to protect personnel attempting to stop leak, and to flush spills away from exposures.
		
	Disposal Method	  	Whatever cannot be saved for recovery or recycling should be handled as hazardous waste and sent to a RCRA approved incinerator or disposed in a RCRA approved waste facility.
Processing, use or contamination of this product may change the waste management options. State and local disposal regulations may differ from federal disposal regulations. Dispose of container and unused contents in accordance with federal, state
and local requirements.
		
	Handling and Storage	  	Protect against physical damage. Store in a cool, dry well-ventilated location, away from any area where the fire hazard may be acute. Outside or detached storage is preferred.
Separate from incompatibles. Containers should be bonded and grounded for transfers to avoid static sparks. Storage and use areas should be No Smoking areas. Use non-sparking type tolls and equipment, including explosion proof ventilation.
Containers of this material may be hazardous when empty since they retain product residues.

  
 Isoprophyl Alcohol: Material
Safety Data Sheet 
 2 

			
	Kinetronics Corporation	  	Phone: (941) 951-2432
	4363 Independence Ct.	  	Fax: (941) 955-5992
	Sarasota, FL 34234	  	Web Site: www.Kinetronics.com

  

 HEALTH HAZARD DATA 
 Potential Health Effects: 
  

			
	Inhalation	  	Inhalation of vapors irritates the respiratory tract. Exposure to high concentrations has a narcotic effect, producing symptoms of dizziness, drowsiness, headache, staggering,
unconsciousness and possibly death.
		
	Ingestion	  	Ingestion can cause drowsiness, unconsciousness, and death. Gastrointestinal pain, cramps, nausea, vomiting, and diarrhea may also result. The single lethal dose for a human
adult = about 250 mls (8 ounces).
		
	Skin Contact	  	May cause skin irritation with redness and pain. May be absorbed through the skin with possible systemic effects.
		
	Eye Contact	  	Vapors cause eye irritation. Splashes caused severe irritation, possible corneal burns and eye damage.

 First Aid Measures: 
  

			
	Inhalation	  	In case of Inhalation, remove to fresh air. In not breathing, give artificial respiration. If breathing is difficult, give oxygen. Call a physician.
		
	Ingestion	  	Give large amounts of water to drink. Never give anything by mouth to an unconscious person. Get medical attention.
		
	Skin Contact	  	Immediately flush skin with plenty of water for at least 15 minutes. Call a physician if irritation develops.
		
	Eye Contact	  	Immediately flush eyes with plenty of water for at least 15 minutes, lifting lower and upper eyelids occasionally. Get medical attention immediately.

 Personal Protective Equipment: 
  

			
	Skin Protection	  	Were impervious protective clothing, including boots, gloves, lab coat, apron or coveralls, as appropriate, to prevent skin contact. Neoprene and nitrile rubber are recommended
materials.
		
	Eye Protection	  	Use chemical safety goggles and/or a full face shield where splashing is possible. Maintain eye wash fountain and quick-drench facilities in work area.

 ADDITIONAL INFORMATION 
 Always comply with all applicable international, federal, state and local regulations regarding the transportation, storage, use and disposal of this chemical. 

Due to the changing nature of regulatory requirements, the regulatory information listed in Section X this document should not be considered
all-inclusive or authoritative. International, Federal, State Local regulations should be consulted to determine with all required reporting requirements. 
 The information in this MSDS was obtained from sources, which we believe are reliable. However, the information is provided without any warranty, express or implied, regarding its correctness. The
conditions or methods of handling, storage, use, and disposal of the product are beyond our control and may be beyond our knowledge. For this and other reasons, we do not assume responsibility and expressly disclaim liability for loss, damage or
expense arising out of or in any way connected with the handling, storage, use or disposal of the product. This MSDS was prepared and is to be used only for this product. If the product is used as a component in another product, MSDS information may
not be applicable. 

  
 Isoprophyl Alcohol: Material
Safety Data Sheet 
 3 

 

 
 November 7, 2011 
 Mr. Mark Hauck 
 Perpetua Power Source Technologies, Inc. 

4314 Research Way 
 Corvallis, OR 97333

  

	Re:	Perpetua Power Source Technologies 

 El No. 02-0017 
 NC No. 26510 

Benton County 
 Dear
Mr. Hauck: 
 The Department has reviewed your Notice of Intent to Construct and Request for Construction Approval for the following
project: 
  

			
	 Facility Name/Location
	  	 Project Description

	 Perpetua Power Source Technologies, Inc.
 1749 Airport Way
 Corvallis, OR 97333
	  	Construction of a thermoelectric generation device manufacturing facility.

 CONSTRUCTION APPROVAL, PLANS AND SPECIFICATIONS 

Based on a review of the plans and specs for this project, construction approval is granted subject to the conditions listed below: 

 

	1.	Construction of the project shall conform to the plans and specifications submitted. No significant changes or deviations shall be made without the prior written
approval of the Department of Environmental Quality. 

  

	2.	Granting approval does not relieve the owner or permittee of the obligation to obtain required local, state and other permits and to comply with the appropriate
statutes, Administrative Rules, Standards, and if applicable, to demonstrate compliance with applicable permit limitations. 

  

 

 Perpetua Power Source Technologies 
 November 7, 2011 
 Page 2 of 2 

 

	3.	This approval does not guarantee the adequacy of the proposed construction or the accuracy of the air emission calculations submitted with your application.

  

	4.	Construction may proceed immediately upon receipt of this approval. 

  

	5.	Please fill out and return the enclosed Notice of Construction Completion form within thirty (30) days of completion of this project. 

If the Department can be of any assistance, or if there are any questions regarding this approval, please contact me in Salem at (503) 378-5315.

 Sincerely, 
  

	
	

	 Karen White-Fallon

DEQ-Salem-Air Quality

 Enc:    Notice of Approved Construction Completion Form 

cc with memo:        AQ Division 

			
	State of Oregon	  	
	Department of Environmental Quality	  	Memorandum

  
  

					
			
	To:	    	File	  	Date:        November 7, 2011    
			
	From:	    	Karen White-Fallon	  	
			
	Section:	    	Air Quality	  	
			
	Subject:	    	Perpetua Power Source Technologies, Inc.	  	

 BACKGROUND 
 Perpetua Power Source Technologies, Inc. (Perpetua) proposes to install and operate a facility that manufactures thermoelectric generation devices. The facility will be located at 1749 Airport Avenue,
Corvallis, Oregon. They currently operate a research and development facility located at 4134 SW Research Way, Corvallis, Oregon. The process involves depositing bismuth, antimony, tellurium and small amounts of selenium onto polyimide substrates to
produce the thermoelectric generation devices. 
 DISCUSSION 

The fabrication processes include standard semiconductor industry physical vapor deposition and lithographic practices. The process
uses solvents, developers, and photoresists during the lithographic processes. The Perpetua process does not use some of the standard semi-conductor strong acids (HF, HN03), and uses relatively low volumes of solvents. The air emissions at maximum design capacity operating two shifts per day
were calculated to be 1 ton/year of volatile organic compounds (VOCs) and deminimis amounts of particulate matter
(PM/PMk/PM2.5). The VOC calculations are based upon material balance assuming that
100% of the volatile compounds are emitted. The proposed process will include an acid scrubber and a baghouse for particulate control. There are no proposed fuel combustion devices and they do not have the potential to emit greenhouse gases. Based
upon a review of the proposed construction, an air permit is not required at this time. This is based upon the following information: 
  

	 	1.	The manufacturing of the thermoelectric generation devices is not a listed activity in OAR 340-216-0020, Table 1. Therefore an Air Contaminant Discharge Permit (ACDP)
is not required based upon a listed category. 

  

	 	2.	The facility does not have the potential to emit greater than 10 tons/year of any criteria pollutants if the source were to operate uncontrolled as described in OAR
340-216-0020, Table 1, Part B (85). 

  

	 	3.	The facility does not have the potential to emit greater than 10 tons/year of any single hazardous air pollutant as outlined in OAR-340-216-0020, Table 1, Part C.

 An ACDP will be required in the future if Perpetua increases emissions, if the facility were to operate uncontrolled, to
greater than 10 tons/year of any criteria pollutant. 
 CONCLUSIONS/RECOMMENDATIONS 

Based on the above, it is concluded that the proposed project described in NC No. 26510 is acceptable. This project meets the definition of a Type 2
change as defined in OAR 340-210-0225(2) because it meets the applicable criteria in sub-sections (l)(a), (l)(b), (l)(d), and (l)(e) of OAR 340-210-0225 and emissions from any stationary source or combination of stationary sources will not increase
by more than or equal to the significant emission rate. Therefore, construction approval is recommended.

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