Document:

Ex 10.4 2014.02.25

Exhibit 10.4	
							
	Annex 1 (original version) to the Corporate Guarantee dated 01/       /2014 in the amount of EUR 20 mn.

	in connection with the Credit Facility Agreement with an amount of EUR 20,000,000.-- dated 06/18/2012 and the 1. Amendment of the Credit Facility Agreement dated 01/17/2014

	 
	 
	 
	 
	 
	 
	 

	The following branches and subsidiaries of Deutsche Bank AG ("Lending Offices") have entered into business relationship 
	 
	 
	 

	with the affiliated companies of IPG Laser GmbH.
	 
	 
	 
	 
	 
	 

	In this context the following facilities of the Credit Facility Agreement with an amount of EUR 20,000,000.-- dated 06/18/2012 and the 1. Amendment of the Credit Facility Agreement dated 01/17/2014 have been allocated 

	inter alia for the use of the companies listed hereafter:
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	Summary of credit agreements for the IPG Laser GmbH group of companies in Germany and abroad:
	 

	 
	 
	 
	 
	 
	 
	 

	Debtor
	Lending Office
	local currency
	amount (in currency)
	Facility 1
Cash
	Facility 2
Guarantee 
	total

	 
	 
	if not in EURO convert to EURO
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	IPG Laser GmbH
	Deutsche Bank AG, Cologne, Germany
	 
	 
	1,000,000 €
	2,500,000 €
	3,500,000 €

	 
	 
	 
	 
	 
	 
	 

	Credit lines under guarantee of IPG Laser GmbH
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	IPG Photonics (Italy) S.r.l., Via Kennedy 21, 20023 Cerro Maggiore (Milano), Italy
	Deutsche Bank Spa, Milano, Italy
	 
	 
	1,500,000 €
	0 €
	1,500,000 €

	IRE-Polus NTO, 141190, Fryazino, pl. Vvedenskogo, Russia
	Deutsche Bank Ltd., Moscow, Russia
	 
	 
	0 €
	15,000,000 €
	15,000,000 €

	Total credit lines based on the guarantee  
	 
	 
	 
	2,500,000 €
	17,500,000 €
	20,000,000 €

	Burbach, Germany 20 January 2014
	 
	Cologne, 6 January 2014
	 

	Place and date
	 
	Place and date
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 

	IPG Laser GmbH
	 
	 
	 
	 
	 
	 

	/s/ Eugene Scherbakov
	 
	/s/ Eddy Henning   /s/ Joachim Gartz

	 

	(corporate seal and  binding signatures of the Guarantor)
	(Deutsche Bank AG Filiale Deutschlandgeschäft)
	 
	 

	 
	 
	 
	 
	 
	 
	 

	Being guarantor we agree with above mentioned changes of the facilities within the Credit Facility Agreement dated June 18th, 2012 between IPG Laser GmbH and the Bank regarding the Umbrella Facility in the amount of EUR 20 million. Further we agree with all future chanages within the Umbrella Facility and waive separate information thereof, provided that the allocation to subsidiaries of IPG Laser GmbH does not exceed an aggregate amount of EUR 20 million (cash/discount and for guarantees).

	Oxford, MA USA February 25, 2014
	 
	 
	 
	 
	 
	 

	IPG Photonics Corporation
	 
	 
	 
	 
	 
	 

	/s/ Timothy PV Mammen
	 
	 
	 
	 
	 
	 

1GB 01.03.2014 EX 10.2

EXHIBIT 10.2

AMENDMENT
TO
GREATBATCH, INC. 1998 STOCK OPTION PLAN
This Amendment (“Amendment”) to the Greatbatch, Inc. 1998 Stock Option Plan (the “Plan”) is made effective August 5, 2013, by action of the Compensation Committee of the Board of Directors of Greatbatch, Inc. (the “Company”).
WHEREAS, the Committee has determined that this Amendment is in the best interests of Plan participants and the Company;
THEREFORE, the Committee hereby amends the Plan as follows:
		
	1.
	Notwithstanding anything to the contrary in the Plan or any award agreement delivered under the Plan:

(a)    upon an Optionholder’s termination of employment with the Company by reason of death, disability (as defined in the Plan) or Retirement (as defined below) the right to exercise all outstanding Options held by such Optionholder shall automatically accelerate and remain exercisable for the period of exercisability specified in the Plan (as amended hereby);
(b)    the period of time after the date of termination of employment by reason of the Optionholder’s disability (as defined in the Plan) that such Optionholder shall have the right to exercise Options granted under the Plan is at any time up to twelve (12) months after such termination of employment; and
(c)    the period of time after the date of termination of employment by reason of the Optionholder’s Retirement that such Optionholder shall have the right to exercise Options granted under the Plan is at any time up to thirty-six (36) months after such termination of employment.  For purposes of this Amendment, “Retirement” means an Optionholder’s voluntary termination of employment occurring on or after such time as such Optionholder has attained 59.5 years of age with a combination of age and length of Company service equal to or exceeding 69.5 years.
		
	2.
	All Options granted under the Plan and any shares acquired on exercise thereof (or cash proceeds received on sale of such shares) shall be subject to any applicable clawback, recoupment or similar policy, and any share retention or minimum holding guidelines or requirements, implemented by the Company or required by applicable law, as in effect from time to time.

		
	3.
	All capitalized terms used but not defined in this Amendment but defined in the Plan shall have the meanings given them therein.

		
	4.
	Except to the extent amended hereby, the terms and conditions of the Plan and each award agreement delivered under the Plan remain in full force and effect, including, without limitation, the condition that an Option shall not be exercisable after the expiration of ten (10) years from the date such Option is granted.GB 01.03.2014 EX10.14

EXHIBIT 10.14

AMENDMENT
TO
GREATBATCH, INC. 2011 STOCK INCENTIVE PLAN
GREATBATCH, INC. 2009 STOCK INCENTIVE PLAN
GREATBATCH, INC. 2005 STOCK INCENTIVE PLAN
This Amendment (“Amendment”) to the Greatbatch, Inc. 2011 Stock Incentive Plan, the Greatbatch, Inc. 2009 Stock Incentive Plan, and the Greatbatch, Inc. 2005 Stock Incentive Plan (collectively, the “Plans”) is made effective August 5, 2013, by action of the Compensation Committee of the Board of Directors of Greatbatch, Inc. (the “Company”).
WHEREAS, the Committee has determined that this Amendment is in the best interests of participants in the Plans and the Company;
THEREFORE, the Committee hereby amends the Plans as follows:
		
	1.
	Notwithstanding anything to the contrary in the Plans or in any award agreement delivered under the Plans: 

		
	(a)
	in the event that the employment of a Participant with the Company shall terminate by reason of death, disability or Retirement (as defined below), all outstanding Incentive Awards granted to such Participant that vest or become exercisable based on the passage of time shall become fully and immediately vested and exercisable;

		
	(b)
	in the event that the employment of a Participant with the Company shall terminate by reason of death or disability, all outstanding Incentive Awards held by such Participant that vest or become exercisable based on attainment of Performance Goals (“Performance-Based Awards”) shall become immediately vested and exercisable at the target level applicable to such Performance-Based Awards; and

		
	(c)
	in the event that the employment of a Participant with the Company shall terminate by reason of Retirement, a portion of the outstanding Performance-Based Awards held by such Participant that are not vested or exercisable at the time of such termination of employment (the “Pro-Rata Performance Portion”) shall not expire or be forfeited but shall remain outstanding and shall continue to be eligible for vesting and exercisability based on attainment of the Performance Goals applicable to such Performance-Based Awards.  The Pro-Rata Performance Portion is determined for each outstanding Performance-Based Award by multiplying the number of options, shares, rights or units constituting such Award by a fraction, the numerator of which is the number of full and partial calendar months that have elapsed since the beginning of the performance period attributable to such Award through the date of termination of employment and the denominator of which is the total number of calendar months in such performance period.  For purposes of this Amendment, “Retirement” means a Participant’s voluntary termination of employment occurring on or after such time as such Participant has attained 59.5 years of age with a combination of age and length of Company service equal to or exceeding 69.5 years.

		
	(d)
	in the event the employment of a Participant with the Company shall terminate by reason of Retirement, all outstanding Incentive Awards granted to such Participant, to the extent that they were exercisable at the time of such termination (including by reason of accelerated vesting pursuant to this Amendment), shall remain exercisable until the earlier of the third anniversary of such termination or the expiration of its term.

		
	2.
	With respect to Incentive Awards under the Plans made on or after January 3, 2014, in the event that the employment of a Participant with the Company shall terminate by reason of a termination by the Company without Cause, the Pro-Rata Performance Portion of such Participant’s Performance-Based Awards that were awarded more than one year prior to the date of termination shall not expire or be forfeited upon such termination but shall remain outstanding and shall continue to be eligible for vesting and/or exercisability based on attainment of the Performance Goals applicable to such Performance-Based Awards.

		
	3.
	All Incentive Awards made under the Plans and any shares acquired on exercise or vesting thereof (or cash proceeds received on sale of such shares) shall be subject to any applicable clawback, recoupment or similar policy, and any share retention or minimum holding guidelines or requirements, implemented by the Company or required by applicable law, as in effect from time to time.

		
	4.
	All capitalized terms used but not defined in this Amendment but defined in the Plans shall have the meanings given them therein.

		
	5.
	Except to the extent amended hereby, the terms and conditions of the Plans and each award agreement delivered under the Plans remain in full force and effect, including, without limitation, any condition providing that an Incentive Award shall not be exercisable after the expiration of its term.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}]]