Document:

The Separation Agreement

 Exhibit 10.56 
  
 SEPARATION AGREEMENT 
  

This Agreement (“Separation Agreement”) is made and entered into this 30th day of June, 2005, between Forrest Mark Wolfinger (“Employee”) and Danka Business Systems PLC and Danka Office Imaging Company their parent
companies, subsidiary companies, affiliated companies, predecessor companies or entities and their officers, directors, agents, employees, or assigns (“Employer”). 
  
 The purpose of this Separation Agreement is to set forth the terms and conditions under which Employee and Employer will
terminate their employment relationship. The parties agree as follows: 
  

	1.	Termination. Subject to the terms and conditions set forth herein and in the attached Release (Exhibit “A”), Employee and Employer agree to terminate
Employee’s employment with Employer on June 30, 2005 (“Termination Date”). 

  

	2.	Payment. The parties agree that Employee shall receive up to Three Hundred Fifty Thousand and 00/100 Dollars ($350,000.00) and such other consideration as described herein
from Employer in consideration of the promises made herein and in consideration of Employee’s compliance with the terms of this Separation Agreement and execution and compliance with the terms of the Release of Claims in the form attached
hereto as Exhibit “A” (which shall be executed by Employee on the “Execution Date”) in the following manner: 

  

	 	(i)	Employer shall, upon Employee’s execution and delivery to Employer of this Separation Agreement and Release of Claims and upon the expiration of all applicable revocation
periods contained in this Separation Agreement and Release of Claims, make twenty-six (26) bi-weekly payments of Thirteen Thousand Four Hundred Sixty One and 53/100 Dollars ($13,461.53) less, in each case, customary payroll deductions beginning with
the first pay cycle following the Execution Date, or until Employee becomes re-employed in a position of substantially similarly (or greater responsibilities), compensation and benefits if earlier than the expiration of the bi-weekly payment period
described herein (the “Payment Period”). 

  

	 	(ii)	Employer shall pay Employee all earned but unused vacation as of Termination Date. 

  

	 	(iii)	Employer shall pay, on a prorated basis, any earned but unpaid Management Incentive Plan (“MIP”) payments, through the Termination Date, as set forth in the applicable
FY2005 MIP plan, and any other bonus paid to similarly situated executives for work completed prior to the Termination Date. 

  

	 	(iv)	Any stock options granted to Employee during employment shall become vested as of the Termination Date and shall be exercisable for a period of three (3) years from the Termination
Date, pursuant to the requirements of the Company’s Share Option Plan. 

  

	 	(v)	During the Payment Period, upon Employee’s election of COBRA benefits, Company shall pay Employee the additional cost of COBRA benefits over and above the amount currently paid
by Employee for health benefits as an employee of Company. 

	 	(vi)	Employee agrees that, except as provided for herein, all past, present and future benefits, payments, bonuses, compensation or other terms reflected in any prior agreements
including, but not limited to, any previously executed Employment Agreements with Company are immediately revoked and rescinded. 

  

	3.	Full Compensation. The consideration set forth in paragraph 2 above will compensate Employee for any and all claims arising out of Employee’s employment with and
termination from employment with Employer and termination of employment, including but not limited to claims for attorney’s fees and costs, any and all claims for any type of legal, equitable, or statutory relief, and for Employee’s future
compliance with the terms and conditions of this Separation Agreement. Employee agrees that the consideration set forth herein in Paragraph 2 (i) is in addition to any amounts to which Employee is already entitled. 

  

	4.	Records, Documents and Property. Employee represents and warrants that Employee will not take, or will have returned any of Employer’s property, including but not
limited to computer data files and records, documents and tangible items pertaining to Employer, as well as all credit cards, keys, access codes and/or other records, documents or property as of the Termination Date. 

  

	5.	Confidentiality. Employee agrees to forever treat and maintain as confidential all information relating to Employer and its business, clients, customers, and prospective
clients and customers, including but not limited to Employer’s customer lists, prospect files, project files, job processes, financial information, employee information, computer information, imaging techniques and methods, business strategies,
pricing information, sales and marketing plans, and all other information which is not generally known outside the Employer, except as disclosure is required by law. 

  
 In the event of a breach by Employee of the terms of this paragraph, Employee shall immediately reimburse Employer for all
payments made under this Agreement and Employer shall be relieved of all other duties under this Agreement. Employer agrees that the terms of this Separation Agreement and the attached Release, and the facts surrounding Employee’s termination
from employment from Employer shall forever be treated as confidential by Employer, who shall disclose its terms only as is required by law, is necessary to carry out obligations under this Agreement, or is authorized by the Employee in writing.

  

	6.	Employer’s Remedies. Employee acknowledges that the violation of any of the terms of this Separation Agreement will cause irreparable harm to Employer and agrees that,
in addition to any other relief afforded by law, Employer shall be entitled to an injunction against the violation of the Separation Agreement and Release. Both damages and an injunction shall be proper modes of relief and are not alternative
remedies. If Employer commences any action in equity to specifically enforce any of its rights under this Separation Agreement, Employee waives and agrees not to assert the defense Employer has an adequate remedy at law. All payments under this
Separation Agreement shall cease upon Employee’s violation of any of its terms. Employee shall indemnify Company for all costs, expenses, liabilities and damages, including reasonable attorney’s fees incurred in connection with any breach
by Employee of the provisions of this Agreement and which Company may occur in enforcing any covenant in this Agreement. 

 In the event of a breach by Employee of the terms of this Separation Agreement, Employee shall
immediately reimburse Employer for all payments made under this Agreement and Employer shall be relieved of all other obligations under this Agreement; however, the Release executed by Employee shall remain in full force and effect. 
  

	7.	Reasonableness. Employee agrees and stipulates that this Separation Agreement, and its provisions addressing non-competition and confidentiality, are reasonable in time,
area, and line of business. Employee stipulates and agrees that during his period of employment with Employer, he has obtained knowledge of Employer’s trade secrets, valuable confidential business information, substantial relationships with
prospective and existing customers and received extraordinary and special training. Employee stipulates and agrees that this Separation Agreement is reasonably necessary to protect the legitimate business interests of Employer and is not overbroad
nor overlong in duration. 

  

	8.	Non-Compete. Employee agrees that for a period of twenty -four (24) months from the Termination Date, in any location in which Employee acted on behalf of Employer
(“Restricted Area”), Employee will not accept employment and engage in, as an employee, consultant, independent contractor or otherwise, activities or duties with any company, individual or entity which compete, with any of Danka’s
lines of business including, but not limited to, the sales and service of copiers, multi-function devices, printers, facsimile equipment and related supplies and the providing of facilities management, consulting, software, document output or
related services. In addition, for the same 24 month period Employee shall not, in the Restricted Area, directly or indirectly, enter the employ of, or render any services to and will not, own, manage, operate, control, be employed by, perform
services for, consult with, solicit business for, participate in, or be connected with the ownership, management, operation, or control of any business which is materially similar to or competitive with the Company. Nothing contained in this Section
shall be deemed to prohibit Employee from acquiring, solely as an investment, less than one percent interest in the equity of any publicly traded corporation or limited partnership. 

  

	9.	Non-Solicitation of Customers. Employee agrees for a period of twenty-four (24) months following the Termination Date, Employee shall not, directly or indirectly, solicit,
induce, or attempt to induce any past or current customer of Company (a) to cease doing business in whole or in part with or through the Company; or (b) to do business with any other person, firm, partnership, corporation or other entity which
performs services similar to Company. 

  

	10.	Non-Solicitation of Employees. Employee agrees that for a period of twenty-four (24) months following the Termination Date, Employee shall not, on Employee’s own behalf,
or for any person, firm, partnership, corporation, or other entity, directly or indirectly, (a) hire, solicit, interfere with, or endeavor to cause any Employee of the Company to leave Company’s employment; or (b) induce or attempt to induce
any such Employee to breach such Employee’s Employment Agreement with the Company. 

  

	11.	Severability. If any of the provisions of or covenants contained in this Agreement are hereafter construed to be invalid or unenforceable in a particular jurisdiction, the
same shall not affect the remainder of the provisions or the enforceability thereof in that jurisdiction, 

 which shall be given full effect, without regard to the invalidity or unenforceability thereof in a
particular jurisdiction because of the duration and/or scope of such provision or covenant in that jurisdiction and, in its reduced form, said provision or covenant shall be enforceable. In all other jurisdictions this Section shall at all times
remain in full force and effect. 
  

	12.	Non-Disparagement. Employee agrees to refrain from making any negative or disparaging remarks concerning Employer, its owners, directors, officers, employees, customers,
vendors, or its products or services. Employer agrees to refrain from making any negative or disparaging remarks concerning Employee. Nothing herein shall prevent Employee from giving truthful testimony in any legal proceeding in which Employee is
required to testify. 

  

	13.	Cooperation/Representation. Employee agrees to cooperate fully in any litigation or other dispute involving Employer to which Employee is or becomes a material witness.
Employee agrees to attend and give truthful testimony at depositions, arbitrations, trials and any other procedure or dispute resolution upon reasonable notice by Employer, following Termination Date. If such cooperation is required beyond the
Payment Period, Employee shall be paid a reasonable hourly rate for such cooperation. In addition, Employee represents and warrants that he has no knowledge of any material matter related to the Employers public financial statements which would
cause such statements to be inaccurate or misleading. 

  

	14.	Non-Admission. Nothing in this Separation Agreement or Release is intended to be, nor will be deemed to be, an admission of liability by Employer that it has violated any
state, federal or local statute, local ordinance, administrative regulation, or principle of common law, or that it has engaged in any wrongdoing. 

  

	15.	Non-Assignment. The parties agree that this Separation Agreement and Release will not be assignable by either party unless the other party agrees in writing, except that upon
Employee’s death after the Termination Date and Employee’s or Employee’s Executor’s execution of the Release of Claims, any remaining payments shall be due and payable to Employee’s estate. Notwithstanding the foregoing,
Employer agrees that its obligations hereunder shall be binding upon any successors or assigns in the event of a change in control, sale of assets or sale of stock. 

  

	16.	Merger. Execution of the Release on or after the Termination Date supersedes all prior oral and written agreements and communications between the Employer and Employee.
Employee agrees that any and all claims which Employee might have had against Employer are fully released and discharged by this Separation Agreement and Release, and that the only claims which may hereafter be asserted against Employer may be based
on an alleged breach of the terms of this Separation Agreement. 

  

	17.	Re-Employment. Employee agrees that if Employee becomes re-employed by Danka or employed by another employer in a position of substantially similarly (or greater
responsibilities), compensation and benefits during the payment period hereunder, all payments and benefits will be discontinued as of the date of employment. Employee shall notify the Chief Administrative Officer at Danka Office Imaging Company at
11101 Roosevelt Boulevard, St. Petersburg, FL 33716, of such new employment upon acceptance. 

	18.	Entire Agreement. This Separation Agreement and Release constitute the entire agreements between the parties with respect to Employee’s termination from employment with
the Employer. The parties agree that there were no inducements or representations leading to the execution of this Separation Agreement or the Release, except as stated herein. 

  

	19.	Voluntary and Knowing Action. Employee acknowledges that Employee will have been represented and advised by an attorney, or will have had the full opportunity to secure such
advice, and has read and understands the terms of this Separation Agreement and Release, and acknowledges that upon execution of the Release of Claims, he is voluntarily entering in this Separation Agreement and Release to effectuate termination
from Employer. 

  

	20.	Review. I understand that I may have twenty-one (21) calendar days from the day that I receive this Separation Agreement, not counting the day upon which I receive it, to
consider whether I wish to sign. I further understand that Employer recommends that I consult with an attorney before executing this Separation Agreement. I agree that if I sign this Separation Agreement before the end of the twenty-one (21) day
period, it is because I have decided that I have already had sufficient time to decide whether to execute this Separation Agreement. 

  

	21.	Revocation. Employee may revoke this Agreement within seven (7) calendar days after execution of the Release of Claims to reinstate federal civil rights (if any). To be
effective, any revocation within relevant time period must be in writing and delivered to Employer addressed to Keith J. Nelsen, Chief Administrative Officer, Danka Office Imaging Company, 11101 Roosevelt Boulevard, St. Petersburg, Florida 33716,
either by hand or mail within the appropriate period. 

  
 If sent by mail, the revocation must be (1) postmarked within the relevant period; (2) properly addressed to Danka; and (3) sent by certified mail, return receipt requested. 
  

	22.	Governing Law. This Separation Agreement and Release of Claims will be construed and interpreted in accordance with the laws of the State of Florida.

  

	23.	Counterparts. This Separation Agreement may be executed simultaneously in two or more counterparts, each of which will be deemed an original, but all of which together will
constitute one and the same instrument. 

  
 IN
WITNESS WHEREOF, the parties hereto have executed this Separation Agreement as of the day and year first above written. 

					
	 	 	 	 	 EMPLOYEE:
  

	 	 	 	 	Forrest Mark Wolfinger
		
	Dated: July 1, 2005	 	F. Mark Wolfinger
	 	 	 	 	 
	 	 	 	 	 

  
 STATE OF FLORIDA 
 COUNTY OF Pinellas 
  
 The foregoing instrument was acknowledged before me this 1st day of July, 2005, by F. Mark Wolfinger who is personally know to me or has produced
                     as identification. 
  

	
	 Patricia Mott-Watts
 Signature of Notary
Public
  
  

	Print, Type, or Stamp Commissioned Name of Notary Public

  

			
	 Dated: July 5, 2005
	 	EMPLOYER:
	 	 	DANKA BUSINESS SYSTEMS PLC
	 	 	By    Todd Mavis
	 	 	Its    President and Chief Executive Officer

 EXHIBIT A 
  

RELEASE OF CLAIMS 
  
 DEFINITIONS: I, Forrest Mark Wolfinger (“Employee”), intend all words used in this Release to have their plain meaning in ordinary English. Technical
legal words are not needed to describe what I mean. Specific terms I use in this Release have the following meanings: 
  

	 	A.	I, Me, and My include both me and anyone who has or obtains any legal rights or claims through me. 

  

	 	B.	Employer, as used herein, shall at all times mean Danka or any parent company, affiliated companies or entities and includes Employer’s employees, officers, directors,
successors and assigns, its attorneys, consultants and agents, whether in their individual or official capacities. 

  

	 	C.	My Claims means all of the rights I have to any relief of any kind from Employer, whether or not I now know about those rights, arising out of or in any way related to my
employment with Employer, and my Termination of employment, or any employee benefit plan, including, but not limited to, common law, or equitable claims, claims for violation or breach of any employment agreement or understanding; fraud or
misrepresentation; and any statutory claims including alleged violations of the Florida Human Rights Act, the federal Age Discrimination in Employment Act, the Americans with Disabilities Act, Title VII, Older Workers Benefit Protection Act, or any
other federal, state, or local civil rights laws or ordinances; defamation; intentional or negligent infliction of emotional distress; breach of the covenant of good faith and fair dealing; promissory estoppel; negligence; wrongful Termination of
employment, or any other claims, accruing up to the date of execution of this Release of Claims. 

  
 Agreement to Release My Claims. I am receiving a substantial amount of money, among other things, from the Employer as consideration for my release of claims. I agree to give up all My Claims against
Employer as defined above. I will not bring any lawsuits, file any charges, complaints, or notices, or make any other demands against the Employer or any of its employees or agents based on any alleged claims. The money I am receiving is a full and
fair payment for the release of all My Claims. 
  
 Additional Agreements and
Understandings. Even though Employer is paying me to release My Claims, the employer expressly denies that it is responsible or legally obligated for My Claims or that it has engaged in any wrongdoing. 
  
 I understand that I may have twenty-one (21) calendar days from the day that
I receive this Release, not counting the day upon which I receive it, to consider whether I wish to sign this Release. I further understand that Employer recommends that I consult with an attorney before executing this Release. I agree that if I
sign this Release before the end of the twenty-one (21) day period, it is because I have decided that I have already had sufficient time to decide whether to sign the Release. 

 I understand that I may rescind (that is, cancel) this Release within seven (7) calendar days of signing
it to reinstate federal civil rights claims. To be effective, my rescission must be in writing and delivered to the employer, Keith J. Nelsen, Chief Administrative Officer, Danka, 11101 Roosevelt Boulevard, St. Petersburg, Florida, 33716, either by
hand or by mail within the required period. If sent by mail, the rescission must be: 
  

	 	1.	Postmarked within the relevant period; 

  

	 	2.	Properly addressed to: Keith J. Nelsen, Chief Administrative Officer, Danka, 11101 Roosevelt Boulevard, St. Petersburg, Florida, 33716 and 

  

	 	3.	Sent by certified mail, return receipt requested. 

  
 I have read this Release carefully and understand all its terms. I have had the opportunity to review this Release with my own attorney. In agreeing to
sign this Release, I have not relied on any statements or explanations made by Employer or its agents. 
  
 I understand and agree that this Release and the Separation Agreement to which it is attached contain all the agreements between the Employer and me. We
have no other written or oral agreements. 
  

					
	 Dated: July 1, 2005            Signed: F. Mark
Wolfinger
	  	 
			
	 Witnesses:
	 	 Patricia Mott-Watts
  
 Lynn E. Fraser
	  	 

  
 STATE OF FLORIDA 
 COUNTY OF Pinellas 
  
 The foregoing instrument was acknowledged before me this 1st day of July, 2005, by F. Mark Wolfinger who is personally know to me or has produced
                     as identification. 
  

	
	Patricia Mott-Watts
	 Signature of Notary Public
  
  

	Print, Type, or Stamp Commissioned Name of Notary Public4th Amend. to Loan and Security Agmt., and Limited Waiver

 Exhibit 10.1 
  
 FOURTH AMENDMENT TO 
 LOAN AND SECURITY AGREEMENT, AND 
 LIMITED WAIVER 
  
 This FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT, AND LIMITED WAIVER
(this “Amendment”), dated August 2, 2005, by and among LASALLE BUSINESS CREDIT, LLC, a Delaware limited liability company (“LaSalle”), with its principal office at 135 South LaSalle Street, Chicago, Illinois
60603, the financial institutions that, from time to time, become a party to the Loan Agreement (hereinafter defined) (such financial institutions, collectively, the “Lenders” and each individually, a “Lender”),
LaSalle as agent for the Lenders (in such capacity, the “Agent”), and IMPCO TECHNOLOGIES, INC., a Delaware corporation, with its principal office at 16804 Gridley Place, Cerritos, California 90703 (the “Borrower”);

  
 WHEREAS, the Borrower and LaSalle as a Lender and the Agent,
are parties to a Loan and Security Agreement dated as of July 18, 2003 (as amended, restated, supplemented, or otherwise modified from time to time, the “Loan Agreement”), pursuant to which the Lenders have agreed, upon
satisfaction of certain conditions, to make Revolving Advances and other financial accommodations to the Borrower; 
  
 WHEREAS, the Borrower has advised the Lenders and the Agent that it was not in compliance with the Loan Agreement in the following respects (collectively,
the “Financial Covenant Non-Compliance”): (a) Paragraph 14(p)(i) (Consolidated Tangible Net Worth) with respect to the Borrower’s fiscal quarter ending March 31, 2005, and (b) Paragraph 14(x)(v)
(U.S. Minimum Pre-Tax Income) with respect to the Borrower’s fiscal quarter ending June 30, 2005; and 
  
 WHEREAS, the Borrower has requested that the Lenders and the Agent agree to: (a) waive the Financial Covenant Non-Compliance; and (b) amend the
Loan Agreement in certain respects, and the Lenders and the Agent are willing to waive the Financial Covenant Non-Compliance and amend the Loan Agreement, all on the terms and subject to the conditions hereinafter set forth. 
  
 NOW THEREFORE, the parties hereto agree as follows: 
  
 1. Limited Waiver. 
  
 (a) Effective as of the Effective Date, the Lenders and the Agent hereby
waive the Financial Covenant Non-Compliance. 
  
 (b) The waiver
granted herein is a one-time waiver, given solely for the specific covenants and specific time periods set forth herein. Nothing contained in this Amendment constitutes a waiver by the Lenders or the Agent of any other term or provision of the Loan
Agreement or the Other Agreements, whether or not the Lenders or the Agent have any knowledge thereof, nor may anything contained in this Amendment be deemed a waiver by the Lenders or the Agent of any non-compliance with the terms or provisions of
the Loan Agreement or the Other Agreements that may occur after the date of this Amendment. 

 2. Amendment to Loan Agreement. Effective upon the Effective Date (as hereinafter defined), the
Loan Agreement is hereby amended as follows: 
  
 (a) Paragraph
14(x)(v) of the Loan Agreement is hereby amended and restated in its entirety to read as follows: 
  
 “(v) U.S. Minimum Pre-Tax Income. Borrower shall maintain and cause the U.S. Consolidated Group to maintain, as of the end of each fiscal
period set forth below, Pre-Tax Income of not less than the respective amount set forth below opposite each such fiscal period: 
  

					
	 Fiscal Period

	  	Minimum Pre-Tax Income

	 
	 January 1, 2005 through end of FQ3 2005
	  	 	($4,750,000	)
	 Four consecutive fiscal quarters ending at end of FQ4 2005
	  	 	($4,500,000	)
	 Four consecutive fiscal quarters ending at end of FQ1 2006
	  	$	1,200,000	 
	 Four consecutive fiscal quarters ending at end of FQ2 2006
	  	$	1,600,000	 
	 Four consecutive fiscal quarters ending at end of FQ3 2006 and each fiscal quarter thereafter
	  	$	1,400,000	 

  
 3. Amendment and
Waiver Fee. In consideration for the accommodations granted by the Agent and the Lenders herein and in addition to all other fees and costs, the Borrower hereby agrees to pay to the Agent a nonrefundable fee equal to Five Thousand Dollars
($5,000), which fee will be fully earned, due, and payable as of the date of this Amendment (the “Amendment Fee”). 
  
 4. Acknowledgments and Confirmations. The Borrower, the Lenders, and the Agent hereby acknowledge and confirm that as of the Effective Date:
(i) all references in the Loan Agreement to “this Agreement” will be deemed to refer to the Loan Agreement, as amended by this Amendment; and (ii) all references in each of the Other Agreements to the “Loan Agreement”
will be deemed to refer to the Loan Agreement, as amended by this Amendment. 
  

 2 

 5. Representations and Warranties. The Borrower hereby represents and warrants to the Lenders and
the Agent, that: 
  
 (a) Each of the representations and
warranties set forth in Paragraph 13 of the Loan Agreement is true in all material respects as of the date hereof, except for changes in the ordinary course of business, that, either singly or in the aggregate, are not materially adverse to
the business or financial condition of the Borrower or to the Collateral. 
  
 (b) As of the date hereof, after giving effect to the terms of this Amendment, there exists no Default or Event of Default. 
  
 (c) The Borrower has the power to execute, deliver, and perform this Amendment. The Borrower has taken all necessary action to authorize the execution,
delivery, and performance of this Amendment. No consent or approval of any entity or Person (including without limitation, any shareholder of the Borrower), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of
distraint or other similar right, and no consent, license, approval, authorization, or declaration of any governmental authority, bureau, or agency is required in connection with the execution, delivery, or performance by the Borrower, or the
validity or enforcement, of this Amendment. 
  
 (d) The execution
and delivery by the Borrower of this Amendment will not violate any provision of law and will not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument of any court
or governmental authority, bureau, or agency, domestic or foreign, or the certificate of incorporation or by-laws of the Borrower, or create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement,
bond, note, or indenture to which the Borrower is a party, or by which it is bound or any of its properties or assets is affected (including without limitation, the Subordinated Debt Documents), or result in the imposition of any Lien of any nature
whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower. 
  
 (e) This Amendment has been duly executed and delivered by the Borrower and constitutes the valid and legally binding obligation of the Borrower,
enforceable in accordance with its terms. 
  
 6. Conditions to
Effectiveness of Amendment and Waiver. The effectiveness of the amendment and waiver contained herein is subject to the fulfillment (to the satisfaction of the Agent and the Lenders) of the following conditions precedent (the date upon which
conditions are satisfied to the satisfaction of the Agent and the Lenders, the “Effective Date”): 
  
 (a) The Borrower has executed and delivered this Amendment to the Agent; 
  
 (b) The Borrower has executed and delivered to the Agent all agreements, instruments, and documents reasonably requested by
the Agent in connection with this Amendment; 
  
 (c) All legal
matters incident to this Amendment are reasonably satisfactory to the Lenders, the Agent, and their counsel; and 
  
 (d) The Borrower has paid the Amendment Fee to the Agent. 
  

 3 

 7. Further Assurances. The Borrower agrees that it will, from time to time, execute and/or deliver
all agreements, instruments, and documents and do and perform all actions and things (all at the Borrower’s sole expense) as the Agent may reasonably request to carry out the intent and terms of this Amendment. 
  
 8. Release of the Borrower’s Claims. 
  
 (a) The Borrower and its legal representatives, successors, and assigns,
agree to and hereby do release, acquit, and forever discharge, the Lenders and the Agent (including without limitation, all affiliated entities, divisions, subsidiaries, direct and indirect parent corporations, and holding companies) and their
respective officers, directors, shareholders, employees, trustees, substitute trustees, agents, and attorneys, past and present (the “Indemnified Lender Parties”), from all of Borrower’s Claims, as defined in Section 8(b)
below. 
  
 (b) As used in Section 8(a) above, the term
“Borrower’s Claims” means any and all possible claims, disputes, obligations, demands, actions, causes of action, costs, expenses, and liabilities whatsoever, known or unknown, at law or in equity, to the extent originating on
or before the date hereof, that the Borrower may now or hereafter have against the Lenders or the Agent or any of the other Indemnified Lender Parties, if any, and irrespective of whether any such Borrower’s Claims arise out of contract, tort,
violation of laws or regulations, or otherwise, that arise out of, are connected with, related to, or concern in any way any of this Amendment, the Loan Agreement, or the Other Agreements (or the transactions contemplated hereby or thereby) or the
Collateral, or that arise out of, are connected with, related to, or concern in any way, any action, inaction, performance, non-performance, representation, transaction, or occurrence involving or in any way related to this Amendment, the Loan
Agreement, or the Other Agreements (or the transactions contemplated thereby) or the Collateral. 
  
 (c) The Borrower intends the above release to cover, encompass, release, and extinguish, inter alia, all claims, demands, and causes of action that
might otherwise be reserved by California Civil Code Section 1542 or any similar provision of New York law. California Civil Code Section 1542 provides as follows: 
  
 “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the
time of executing the release, which if known by him must have materially affected his settlement with the debtor.” 
  
 9. Miscellaneous. 
  
 (a) The Borrower’s breach of any of its covenants contained in this Amendment will constitute an Event of Default. 
  
 (b) Nothing contained in this Amendment imposes an obligation on the Lenders
or the Agent to further amend the Loan Agreement or waive compliance with any other provision. 
  
 (c) Except as set forth in this Amendment, none of the Lenders nor the Agent waive any breach of, or Default or Event of Default under, the Loan Agreement, nor any right or remedy the Lenders or the Agent may have
under the Loan Agreements, the Other Agreements, or applicable law, all of which rights and remedies are expressly reserved. 
  

 4 

 (d) Except as specifically amended in this Amendment, the Loan Agreement and the Other Agreements remain
in full force and effect in accordance with their respective terms. 
  
 (e) No modification or waiver of or with respect to any provision of this Amendment and all other agreements, instruments, and documents delivered pursuant hereto or referred to herein, nor consent to any departure by any party hereto or
thereto from any of the terms or conditions hereof or thereof, will in any event be effective, unless it is in writing and signed by each party hereto, and then such waiver or consent will be effective only in the specific instance and for the
purpose for which given. 
  
 (f) This Amendment, together with all
of the other agreements, instruments, and documents referred to herein, embodies the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and thereof and supersedes all prior agreements and
understandings relating to the subject matter hereof. 
  
 (g)
Without in any way limiting Paragraph 14(r) of the Loan Agreement, the Borrower shall pay all of the Lenders’ and the Agent’s fees, costs, and expenses incurred in connection with this Amendment and the transactions contemplated
hereby, including without limitation, the Lenders’ and the Agent’s legal fees and expenses incurred in connection with the preparation, negotiation, and consummation of, and, if required, in connection with any litigation regarding, this
Amendment. 
  
 (h) This Amendment may be signed in any number of
counterparts with the same effect as if the signatures thereto and hereto were upon the same instrument. 
  
 (i) EACH OF THE PARTIES TO THIS AMENDMENT HEREBY WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING THAT PERTAINS DIRECTLY OR INDIRECTLY TO
THIS AMENDMENT, ANY OF THE OTHER AGREEMENTS, THE LIABILITIES, THE COLLATERAL, ANY ALLEGED TORTIOUS CONDUCT OF THE BORROWER, THE AGENT, OR THE LENDERS OR THAT, IN ANY WAY, DIRECTLY OR INDIRECTLY, ARISES OUT OF OR RELATES TO THE RELATIONSHIP AMONG THE
BORROWER, THE AGENT, AND/OR THE LENDERS. IN NO EVENT WILL THE AGENT OR ANY LENDER BE LIABLE FOR LOST PROFITS OR OTHER SPECIAL OR CONSEQUENTIAL DAMAGES. 
  
 (j) This Amendment is governed by and must be construed in accordance with the applicable law pertaining in the State of New York, other than those
conflict of law provisions that would defer to the substantive laws of another jurisdiction. 
  
 [Remainder of Page Intentionally Left Blank] 
  

 5 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment as of the date first
above set forth. 
  

			
	 LASALLE BUSINESS CREDIT, LLC,
 as a
Lender and as Agent

		
	 By:
	 	 /s/ THOMAS P. BETOURNAY

	 Name:
	 	 Thomas P. Betournay

	 Title:
	 	 Vice President

  

			
	 IMPCO TECHNOLOGIES, INC.,
 as
Borrower

		
	 By:
	 	 /s/ THOMAS M. COSTALES

	 Name:
	 	 Thomas M. Costales

	 Title:
	 	 Chief Financial Officer

  

 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}]]