Document:

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Exhibit 10.1

IXYS CORPORATION

AMENDED AND RESTATED 1999 EMPLOYEE STOCK PURCHASE PLAN

Adopted May 7, 1999

Approved by the Stockholders on November 19, 1999

Effective Date: December 1, 1999

1. Purpose.

     (a) The purpose of this 1999 Employee Stock Purchase Plan (the “Plan”) is to provide a means
by which employees of IXYS Corporation, a Delaware corporation (the “Company”), and its Affiliates,
as defined in subparagraph 1(b), which are designated as provided in subparagraph 2(b), may be
given an opportunity to purchase stock of the Company.

     (b) The word “Affiliate” as used in the Plan means any parent corporation or subsidiary
corporation of the Company, as those terms are defined in Sections 424(e) and (f), respectively, of
the Internal Revenue Code of 1986, as amended (the “Code”).

     (c) The Company, by means of the Plan, seeks to retain the services of its employees, to
secure and retain the services of new employees, and to provide incentives for such persons to
exert maximum efforts for the success of the Company.

     (d) The Company intends that the rights to purchase stock of the Company granted under the
Plan be considered options issued under an “employee stock purchase plan” as that term is defined
in Section 423(b) of the Code.

2. Administration.

     (a) The Plan shall be administered by the Board of Directors (the “Board”) of the Company
unless and until the Board delegates administration to a committee as provided in subparagraph
2(c). Whether or not the Board has delegated administration the Board shall have the final power
to determine all questions of policy and expediency that may arise in the administration of the
Plan.

     (b) The Board shall have the power, subject to, and within the limitations of, the express
provisions of the Plan:

               (i) To determine when and how rights to purchase stock of the Company shall be granted and the
provisions of each offering of such rights (which need not be identical).

               (ii) To designate from time to time which Affiliates of the Company shall be eligible to
participate in the Plan.

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               (iii) To construe and interpret the Plan and rights granted under it, and to establish, amend
and revoke rules and regulations for its administration. The Board, in the exercise of this power,
may correct any defect, omission or inconsistency in the Plan, in a manner and to the extent it
shall deem necessary or expedient to make the Plan fully effective.

               (iv) To amend the Plan as provided in paragraph 13.

               (v) Generally, to exercise such powers and to perform such acts as the Board or the Committee
deems necessary or expedient to promote the best interests of the Company and its Affiliates and to
carry out the intent that the Plan be treated as an “employee stock purchase plan” within the
meaning of Section 423 of the Code.

     (c) The Board may delegate administration of the Plan to a committee composed of not fewer
than two (2) members of the Board (the “Committee”). If administration is delegated to a
Committee, the Committee shall have, in connection with the administration of the Plan, the powers
theretofore possessed by the board, subject, however, to such resolutions, not inconsistent with
the provisions of the Plan, as may be adopted from time to time by the Board. The Board may
abolish the Committee at any time and revest in the Board the administration of the Plan.

3. Shares Subject to the Plan.

     (a) Subject to the provisions of paragraph 12 relating to adjustments upon changes in stock,
the stock that may be sold pursuant to rights granted under the Plan shall not exceed in the
aggregate eight hundred fifty thousand (850,000) shares of the Company’s common stock (the “Common
Stock”). If any right granted under the Plan shall for any reason terminate without having been
exercised, the Common Stock not purchased under such right shall again become available for the
Plan.

     (b) The stock subject to the Plan may be unissued shares or reacquired shares, bought on the
market or otherwise.

4. Grant of Rights; Offering.

     (a) The Board or the Committee may from time to time grant or provide for the grant of rights
to purchase Common Stock of the Company under the Plan to eligible employees (an “Offering”) on a
date or dates (the “Offering Date(s)”) selected by the Board or the Committee. Each Offering shall
be in such form and shall contain such terms and conditions as the Board or the Committee shall
deem appropriate, which shall comply with the requirements of Section 423(b)(5) of the Code that
all employees granted rights to purchase stock under the Plan shall have the same rights and
privileges. The terms and conditions of an Offering shall be incorporated by reference into the
Plan and treated as part of the Plan. The provisions of separate Offerings need not be identical,
but each Offering shall include (through incorporation of the provisions of this Plan by reference
in the document comprising the Offering or otherwise) the period during which the Offering shall be
effective, which period shall not exceed twenty-seven (27) months beginning with the Offering Date,
and the substance of the provisions contained in paragraphs 5 through 8, inclusive.

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     (b) If an employee has more than one right outstanding under the Plan, unless he or she
otherwise indicates in agreements or notices delivered hereunder: (1) each agreement or notice
delivered by that employee will be deemed to apply to all of his or her rights under the Plan, and
(2) a right with a lower exercise price (or an earlier-granted right, if two rights have identical
exercise prices), will be exercised to the fullest possible extent before a right with a higher
exercise price (or a later-granted right, if two rights have identical exercise prices) will be
exercised.

5. Eligibility.

     (a) Rights may be granted only to employees of the Company or, as the Board or the Committee
may designate as provided in subparagraph 2(b), to employees of any Affiliate of the
Company. Except as provided in subparagraph 5(b), an employee of the Company or any Affiliate
shall not be eligible to be granted rights under the Plan unless, on the Offering Date, such
employee has been in the employ of the Company or any Affiliate for such continuous period
preceding such grant as the Board or the Committee may require, but in no event shall the required
period of continuous employment be equal to or greater than two (2) years. In addition, unless
otherwise determined by the Board or the Committee and set forth in the terms of the applicable
Offering, no employee of the Company or any Affiliate shall be eligible to be granted rights under
the Plan unless, on the Offering Date, such employee’s customary employment with the Company or
such Affiliate is for at least twenty (20) hours per week and at least five (5) months per calendar
year.

     (b) The Board or the Committee may provide that each person who, during the course of an
Offering, first becomes an eligible employee of the Company or designated Affiliate will, on a date
or dates specified in the Offering which coincides with the day on which such person becomes an
eligible employee or occurs thereafter, receive a right under that Offering, which right shall
thereafter be deemed to be a part of that Offering. Such right shall have the same characteristics
as any rights originally granted under that Offering, as described herein, except that:

               (i) the date on which such right is granted shall be the “Offering Date” of such right for all
purposes, including determination of the exercise price of such right;

               (ii) the period of the Offering with respect to such right shall begin on its Offering Date
and end coincident with the end of such Offering; and

               (iii) the Board or the Committee may provide that if such person first becomes an eligible
employee within a specified period of time before the end of the Offering, he or she will not
receive any right under that Offering.

     (c) No employee shall be eligible for the grant of any rights under the Plan if, immediately
after any such rights are granted, such employee owns stock possessing five percent (5%) or more of
the total combined voting power or value of all classes of stock of the Company or of any
Affiliate. For purposes of this subparagraph 5(c), the rules of Section 424(d) of the Code shall
apply in determining the stock ownership of any employee, and stock which such

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employee may purchase under all outstanding rights and options shall be treated as stock owned by such employee.

     (d) An eligible employee may be granted rights under the Plan only if such rights, together
with any other rights granted under “employee stock purchase plans” of the Company and any
Affiliates, as specified by Section 423(b)(8) of the Code, do not permit such employee’s rights to
purchase stock of the Company or any Affiliate to accrue at a rate which exceeds twenty-five
thousand dollars ($25,000) of fair market value of such stock (determined at the time such rights
are granted) for each calendar year in which such rights are outstanding at any time.

     (e) Officers of the Company and any designated Affiliate shall be eligible to participate in
Offerings under the Plan, provided, however, that the Board or the Committee may provide in an
Offering that certain employees who are highly compensated employees within the meaning of Section
423(b)(4)(D) of the Code shall not be eligible to participate.

6. Rights; Purchase Price.

     (a) On each Offering Date, each eligible employee, pursuant to an Offering made under the
Plan, shall be granted the right to purchase up to the number of shares of Common Stock of the
Company purchasable with a percentage designated by the Board or the Committee not exceeding
fifteen percent (15%) of such employee’s Earnings (as defined by the Board for each Offering) during the
period which begins on the Offering Date (or such later date as the Board or the Committee
determines for a particular Offering) and ends on the date stated in the Offering, which date shall
be no later than the end of the Offering. The Board or the Committee shall establish one or more
dates during an Offering (the “Purchase Date(s)”) on which rights granted under the Plan shall be
exercised and purchases of Common Stock carried out in accordance with such Offering.

     (b) In connection with each Offering made under the Plan, the Board or the Committee may
specify a maximum number of shares that may be purchased by any employee as well as a maximum
aggregate number of shares that may be purchased by all eligible employees pursuant to such
Offering. In addition, in connection with each Offering that contains more than one Purchase Date,
the Board or the Committee may specify a maximum aggregate number of shares which may be purchased
by all eligible employees on any given Purchase Date under the Offering. If the aggregate purchase
of shares upon exercise of rights granted under the Offering would exceed any such maximum
aggregate number, the Board or the Committee shall make a pro rata allocation of the shares
available in as nearly a uniform manner as shall be practicable and as it shall deem to be
equitable.

     (c) The purchase price of stock acquired pursuant to rights granted under the Plan shall be
not less than the lesser of:

               (i) an amount equal to eighty-five percent (85%) of the fair market value of the stock on the
Offering Date; or

               (ii) an amount equal to eighty-five percent (85%) of the fair market value of the stock on the
Purchase Date.

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7. Participation; Withdrawal; Termination.

     (a) An eligible employee may become a participant in the Plan pursuant to an Offering by
delivering a participation agreement to the Company within the time specified in the Offering, in
such form as the Company provides. Each such agreement shall authorize payroll deductions of up to
the maximum percentage specified by the Board or the Committee of such employee’s Earnings (as
defined by the Board for each Offering) during the Offering. The payroll deductions made for each
participant shall be credited to an account for such participant under the Plan and shall be
deposited with the general funds of the Company. A participant may reduce (including to zero) or
increase such payroll deductions, and an eligible employee may begin such payroll deductions, after
the beginning of any Offering only as provided for in the Offering. A participant may make
additional payments into his or her account only if specifically provided for in the Offering and
only if the participant has not had the maximum amount withheld during the Offering.

     (b) At any time during an Offering, a participant may terminate his or her payroll deductions
under the Plan and withdraw from the Offering by delivering to the Company a notice of withdrawal
in such form as the Company provides. Such withdrawal may be elected at any time prior to the end
of the Offering except as provided by the Board or the Committee in the Offering. Upon such
withdrawal from the Offering by a participant, the Company shall distribute to such participant all
of his or her accumulated payroll deductions (reduced to the extent, if any, such deductions have
been used to acquire stock for the participant) under the Offering, without interest, and such
participant’s right to acquire Common Stock under that Offering shall be automatically terminated.
A participant’s withdrawal from an Offering will have no effect upon such participant’s eligibility
to participate in any other Offerings under the Plan but
such participant will be required to deliver a new participation agreement in order to
participate in subsequent Offerings under the Plan.

     (c) Rights granted pursuant to any Offering under the Plan shall terminate immediately upon
cessation of a participant’s employment with the Company and any designated Affiliate, for any
reason, and the Company shall distribute to such terminated employee all of his or her accumulated
payroll deductions (reduced to the extent, if any, such deductions have been used to acquire stock
for the terminated employee), under the Offering, without interest.

     (d) Rights granted under the Plan shall not be transferable by a participant other than by
will or the laws of descent and distribution, or by a beneficiary designation as provided in
paragraph 14, and during a participant’s lifetime, shall be exercisable only by such participant.

8. Exercise.

     (a) On each date specified therefor in the relevant Offering (“Purchase Date”), each
participant’s accumulated payroll deductions and other additional payments specifically provided
for in the Offering (without any increase for interest) will be applied to the purchase of whole
shares of stock of the Company, up to the maximum number of shares permitted pursuant to the terms
of the Plan and the applicable Offering, at the purchase price specified in the Offering. Unless
otherwise provided for in the applicable Offering, no fractional shares shall be issued upon the
exercise of rights granted under the Plan. The amount, if any, of accumulated payroll

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deductions remaining in each participant’s account after the purchase of shares which is less than the amount
required to purchase one share of stock on the final Purchase Date of an Offering shall be held in
each such participant’s account for the purchase of shares under the next Offering under the Plan,
unless such participant withdraws from such next Offering, as provided in subparagraph 7(b), or is
no longer eligible to be granted rights under the Plan, as provided in paragraph 5, in which case
such amount shall be distributed to the participant after such final Purchase Date, without
interest. The amount, if any, of accumulated payroll deductions remaining in any participant’s
account after the purchase of shares which is equal to the amount required to purchase whole shares
of stock on the final Purchase Date of an Offering shall be distributed in full to the participant
after such Purchase Date, without interest.

     (b) No rights granted under the Plan may be exercised to any extent unless the shares to be
issued upon such exercise under the Plan (including rights granted thereunder) are covered by an
effective registration statement pursuant to the Securities Act of 1933, as amended (the
“Securities Act”) and the Plan is in material compliance with all applicable state, foreign and
other securities and other laws applicable to the Plan. If on a Purchase Date in any Offering
hereunder the Plan is not so registered or in such compliance, no rights granted under the Plan or
any Offering shall be exercised on such Purchase Date, and the Purchase Date shall be delayed until
the Plan is subject to such an effective registration statement and such compliance, except that
the Purchase Date shall not be delayed more than twelve (12) months and the Purchase Date shall in
no event be more than twenty-seven (27) months from the Offering Date. If on the Purchase Date of
any Offering hereunder, as delayed to the maximum extent permissible, the Plan is not registered
and in such compliance, no rights granted under the Plan or any Offering shall be exercised then
all payroll deductions accumulated during the Offering (reduced to the extent, if any, such
deductions have been used to acquire stock) shall be distributed to the participants, without
interest.

9. Covenants of the Company.

     (a) During the terms of the rights granted under the Plan, the Company shall at all times keep
available the number of shares of stock required to satisfy such rights.

     (b) The Company shall seek to obtain from each federal, state, foreign or other regulatory
commission or agency having jurisdiction over the Plan such authority as may be required to issue
and sell shares of stock upon exercise of the rights granted under the Plan. If, after reasonable
efforts, the Company is unable to obtain from any such regulatory commission or agency the
authority which counsel for the Company deems necessary for the lawful issuance and sale of stock
under the Plan, the Company shall be relieved from any liability for failure to issue and sell
stock upon exercise of such rights unless and until such authority is obtained.

10. Use of Proceeds from Stock.

     Proceeds from the sale of stock to participants pursuant to rights granted under the Plan
shall constitute general funds of the Company.

11. Rights as a Stockholder.

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     A participant shall not be deemed to be the holder of, or to have any of the rights of a
holder with respect to, any shares subject to rights granted under the Plan unless and until the
participant’s shares acquired upon exercise of rights hereunder are recorded in the books of the
Company (or its transfer agent).

12. Adjustments upon Changes in Stock.

     (a) If any change is made in the stock subject to the Plan, or subject to any rights granted
under the Plan (through merger, consolidation, reorganization, recapitalization, stock dividend,
dividend in property other than cash, stock split, liquidating dividend, combination of shares,
exchange of shares, change in corporate structure or other transaction not involving the receipt of
consideration by the Company), the Plan and outstanding rights will be appropriately adjusted in
the class(es) and maximum number of shares subject to the Plan and the class(es) and number of
shares and price per share of stock subject to outstanding rights. Such adjustments shall be made
by the Board or the Committee, the determination of which shall be final, binding and conclusive.
(The conversion of any convertible securities of the Company shall not be treated as a “transaction
not involving the receipt of consideration by the Company.”)

     (b) In the event of: (1) a dissolution or liquidation of the Company; (2) a merger or
consolidation in which the Company is not the surviving corporation; (3) a reverse merger in which
the Company is the surviving corporation but the shares of Common Stock outstanding immediately
preceding the merger are converted by virtue of the merger into other property, whether in the form
of securities, cash or otherwise; or (4) the acquisition by any person, entity or group within the
meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or any comparable successor provisions (excluding any employee benefit plan, or related
trust, sponsored or maintained by the Company or any Affiliate of the Company) of the beneficial
ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act, or comparable
successor rule) of securities of the Company representing at least fifty percent (50%) of the
combined voting power entitled to vote in the election of directors, then, as determined by the
Board in its sole discretion (i) any surviving or acquiring corporation may assume outstanding
rights or substitute similar rights for those under the Plan, (ii) such rights may continue in full
force and effect, or (iii) participants’ accumulated payroll deductions may be used to purchase
Common Stock immediately prior to the transaction described above and the participants’ rights
under the ongoing Offering terminated.

13. Amendment of the Plan.

     (a) The Board or the Committee at any time, and from time to time, may amend the Plan.
However, except as provided in paragraph 12 relating to adjustments upon changes in stock, no
amendment shall be effective unless approved by the stockholders of the Company within twelve (12)
months before or after the adoption of the amendment if such amendment requires stockholder
approval in order for the Plan to obtain employee stock purchase plan treatment under Section 423
of the Code or to comply with the requirements of Rule 16b-3 promulgated under the Exchange Act.

     (b) The Board or the Committee may amend the Plan in any respect the Board or the Committee
deems necessary or advisable to provide eligible employees with the maximum

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benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder relating to
employee stock purchase plans and/or to bring the Plan and/or rights granted under it into
compliance therewith.

     (c) Rights and obligations under any rights granted before amendment of the Plan shall not be
altered or impaired by any amendment of the Plan, except with the consent of the person to whom
such rights were granted, or except as necessary to comply with any laws or governmental
regulations, or except as necessary to ensure that the Plan and/or rights granted under the Plan
comply with the requirements of Section 423 of the Code.

14. Designation of Beneficiary.

     (a) A participant may file a written designation of a beneficiary who is to receive any shares
and cash, if any, from the participant’s account under the Plan in the event of such participant’s
death subsequent to the end of an Offering but prior to delivery to the participant of such shares
and cash. In addition, a participant may file a written designation of a beneficiary who is to
receive any cash from the participant’s account under the Plan in the event of such participant’s
death during an Offering.

     (b) Such designation of beneficiary may be changed by the participant at any time by written
notice in the form prescribed by the Company. In the event of the death of a participant and in
the absence of a beneficiary validly designated under the Plan who is living at the time of such
participant’s death, the Company shall deliver such shares and/or cash to the executor or
administrator of the estate of the participant, or if no such executor or administrator has been
appointed (to the knowledge of the Company), the Company, in its sole discretion, may deliver such
shares and/or cash to the spouse or to any one or more dependents or relatives of the participant,
or if no spouse, dependent or relative is known to the Company, then to such other person as the
Company may designate.

15. Termination or Suspension of the Plan.

     (a) The Board or the Committee, in its discretion, may suspend or terminate the Plan at any
time. No rights may be granted under the Plan while the Plan is suspended or after it is
terminated.

     (b) Rights and obligations under any rights granted while the Plan is in effect shall not be
altered or impaired by suspension or termination of the Plan, except as expressly provided in the
Plan or with the consent of the person to whom such rights were granted, or except as necessary to
comply with any laws or governmental regulation, or except as necessary to ensure that the Plan
and/or rights granted under the Plan comply with the requirements of Section 423 of the Code.

16. Effective Date of Plan.

     The Plan shall become effective on December 1, 1999 (the “Effective Date”), provided that the
Plan has been approved by the stockholders of the Company prior to the Effective Date.

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Exhibit 10.2

Loan No. 31-0900266

ASSUMPTION AGREEMENT

     This Assumption Agreement (“Agreement”) is made this 2nd day of August, 2007, by
LASALLE BANK NATIONAL ASSOCIATION, as Trustee for Morgan Stanley Dean Witter Capital I Inc.,
Commercial Mortgage Pass-Through Certificates, Series 2001-TOP1 (“Lender”), BARBER LANE
ASSOCIATES L.P., a California limited partnership (“Borrower”), MENLO EQUITIES LLC, a
California limited liability company (“Guarantor”), IXYS BUCKEYE, LLC, a Delaware limited
liability company (“Buyer”), and IXYS CORPORATION, a Delaware corporation (“New Guarantor”).

RECITALS

	A.	 	Lender’s predecessor in interest made a loan to Borrower in the original principal
amount of Eight Million and no/100ths Dollars ($8,000,000.00) (“Loan”), under the terms
and provisions set forth in the following loan documents, all of which are dated as of
December 21, 2000, unless otherwise noted:

	 	1.	 	Promissory Note Secured By Deed of Trust (“Note”) in the original principal
amount of the Loan, made by Borrower and payable to Lender’s predecessor in
interest;
	 
	 	2.	 	Deed of Trust and Absolute Assignment of Rents and Leases and Security Agreement
(and Fixture Filing) (as assigned, as set forth below, “Security Instrument”),
executed by Borrower, as trustor, for the benefit of Lender’s predecessor in
interest, as beneficiary, which secures the Note and other obligations of Borrower
and which was recorded on January 12, 2001, as Instrument No. 0015525418, in the
Official Records of Santa Clara County, California (“Official Records”), the
beneficiary’s interest under which was assigned by instrument recorded on April 9,
2001, as Instrument No. 15629028 in the Official Records. The land, improvements and
other real property which are subject to the Security Instrument are hereinafter
referred to as the “Property” and the equipment, machinery and other personal
property which are subject to the Security Instrument are hereinafter referred to as
the “Collateral”;
	 
	 	3.	 	Limited Guaranty (“Guaranty”) executed by Guarantor;
	 
	 	4.	 	Assignment of Management Contracts executed by Borrower (“Existing Assignment of
Management Contracts”); and
	 
	 	5.	 	UCC-1 Financing Statement filed with the California Secretary of State.
	 
	 	 	 	The above documents and any other Loan Documents (as defined in the Note), including,
in each case, any prior amendments thereto, together with this Agreement are
hereinafter collectively defined as the “Loan Documents”.

	B.	 	As of July 3, 2007:

	 	1.	 	The principal balance outstanding under the Note was Seven Million Four Hundred
Seventy-Four Thousand Fifty-Six and 03/100ths Dollars ($7,474,056.03).
	 
	 	2.	 	Accrued interest on the Note has been paid through June 30, 2007.

 

 

	 	3.	 	Accrued but unpaid interest on the Note through July 2, 2007, was Three Thousand
Ninety-Five and 50/100ths Dollars ($3,095.50).
	 
	 	4.	 	The balance in the tax escrow reserve was Twenty-Four Thousand Six Hundred Sixty-Five
and 85/100ths Dollars ($24,665.85);
	 
	 	5.	 	The balance in the insurance escrow reserve was Twenty-Five Thousand Three Hundred
Sixty-Five and 64/100ths Dollars ($25,365.64);
	 
	 	6.	 	The balance in the tenant improvement and leasing commission escrow reserve was Three
Hundred Seven Thousand Three Hundred Twenty-Five and 53/100ths Dollars ($307,325.53); and
	 
	 	7.	 	The balance in the capital reserve was Fifty Thousand Seven Hundred Forty-Three and
no/100ths Dollars ($50,743.00).

	C.	 	Borrower has sold and conveyed the Property and the Collateral to Buyer, or is about to sell
and convey the Property and the Collateral to Buyer, and both parties desire to obtain from
Lender a waiver of any right Lender may have under the Loan Documents to accelerate the
Maturity Date of the Note by virtue of such conveyance.
	 
	D.	 	Subject to the terms and conditions hereof, Lender is willing to waive any right of
acceleration of the Maturity Date of the Note upon assumption by Buyer of all obligations of
Borrower under the Loan Documents.

NOW THEREFORE, FOR VALUABLE CONSIDERATION, including, without limitation, the mutual covenants and
promises contained herein, the parties agree as follows:

	 	1.	 	Incorporation. The foregoing recitals are incorporated herein by this reference.
	 
	 	2.	 	Assumption Fee. As consideration for Lender’s execution of this Agreement and
in addition to any other sums due hereunder, Buyer agrees to pay Lender or Lender’s
servicer(s) (all as set forth in the escrow instructions to be executed in connection with
the closing of this assumption) an assumption fee of Seventy-Four Thousand Seven Hundred
Forty and 56/100ths Dollars ($74,740.56), due on execution of this Agreement by Lender.
	 
	 	3.	 	Conditions Precedent. The following are conditions precedent to Lender’s
obligations under this Agreement:

	 	a.	 	The irrevocable commitment of Commonwealth Land Title Insurance Company (“Title
Company”) to issue CLTA 104.8 and CLTA 111.4 (or equivalent) endorsements to Title
Company’s Title Policy No. SFO1786 dated January 12, 2001, in each case in form and
substance acceptable to Lender and without deletions or exceptions other than as
expressly approved by Lender in writing, insuring Lender that the priority and validity
of the Security Instrument has not been and will not be impaired by this Agreement, the
conveyance of the Property, or the transaction contemplated hereby;
	 
	 	b.	 	Receipt and approval by Lender of: (i) the executed original of this Agreement;
(ii) an executed original of a Memorandum of Assumption Agreement in the form attached
hereto as Exhibit A and otherwise in form and substance acceptable to Lender
(“Memorandum of Assumption Agreement”); and (iii) any other documents and agreements
which are required pursuant to this Agreement, in form and content acceptable to
Lender;
	 
	 	c.	 	Recordation in the Official Records of the Memorandum of Assumption Agreement,
together with such other documents and agreements, if any, required pursuant to this
Agreement or which Lender has requested to be recorded or filed;
	 
	 	d.	 	Buyer’s delivery to Lender of UCC-1 Financing Statements in proper form for
filing in the appropriate jurisdictions as determined by Lender;

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	 	e.	 	Execution and delivery to Lender by New Guarantor of a limited guaranty in favor of
Lender, in the form previously delivered to New Guarantor by Lender, pursuant to which New
Guarantor irrevocably guarantees payment for certain matters under the Loan;
	 
	 	f.	 	Execution and delivery to Lender by Buyer of an assignment of management contracts in
favor of Lender, comparable to the Existing Assignment of Management Contracts and in form
and substance acceptable to Lender;
	 
	 	g.	 	Delivery to Lender of the organizational documents and evidence of good standing of
Buyer, together with such resolutions or certificates as Lender may require, in form and
content acceptable to Lender, authorizing the assumption of the Loan and executed by the
appropriate persons and/or entities on behalf of Buyer and New Guarantor;
	 
	 	h.	 	The representations and warranties contained herein are true and correct;
	 
	 	i.	 	Receipt by Lender of a copy of Buyer’s casualty insurance policy and comprehensive
liability insurance policy with respect to the Property, each in form and amount
satisfactory to Lender;
	 
	 	j.	 	Receipt by Lender of a copy of the grant deed by which title to the Property will be
conveyed to Buyer, and the purchase and sale agreement documenting the sale of the Property
to Buyer;
	 
	 	k.	 	Receipt by Lender of an executed assignment of the purchaser’s interest in the purchase
and sale agreement for the Property from the purchaser named therein to Buyer;
	 
	 	l.	 	Receipt by Lender of an executed Form W-9 for Buyer;
	 
	 	m.	 	Lender shall have received an opinion of counsel to Lender with respect to the
compliance of this Agreement, the transfer to Buyer, and the transactions referenced herein
with the provisions of the Internal Revenue Code as the same pertain to real estate
mortgage investment conduits;
	 
	 	n.	 	New Guarantor, as tenant, shall have entered into a lease with Buyer for all of the
leasable space at Property on terms approved by Lender, and for a term of no less than five
years and at an annual minimum rental rate of $13.75 per square foot ($724,668 annual rent)
on a “triple-net” basis, and Lender shall have received an executed copy thereof;
	 
	 	o.	 	Payment of the assumption fee provided for in Section 2 above;
	 
	 	p.	 	Buyer’s reimbursement to Lender of Lender’s costs and expenses incurred in connection
with this Agreement and the transactions contemplated hereby, including, without
limitation, title insurance costs, escrow and recording fees, attorneys’ fees, appraisal,
engineers’ and inspection fees and documentation costs and charges, whether such services
are furnished by Lender’s employees, agents or independent contractors.

	 	4.	 	Effective Date. The effective date of this Agreement shall be the date the Memorandum
of Assumption Agreement is recorded in the Official Records (“Effective Date”).
	 
	 	5.	 	Assumption. Buyer hereby assumes as of the Effective Date and agrees to pay when due
all sums due or to become due or owing under the Note, the Security Instrument and the other
Loan Documents and shall hereafter faithfully perform all of Borrower’s obligations under and
be bound by all of the provisions of the Loan Documents and assumes all liabilities of
Borrower under the Loan Documents as if Buyer were an original signatory thereto. The
execution of this Agreement by Buyer shall be deemed its execution of the Note, the Security
Instrument and the other Loan Documents. Lender acknowledges that, upon the Effective Date,
Lender (in reliance upon the representation contained in Section 8(a)(vi) below) shall
recognize Buyer as having acquired and succeeded to all of Borrower’s rights to the funds
deposited in

6

 

	 	 	 	impound and/or reserve accounts held by or for the benefit of Lender pursuant to the terms of
the Loan Documents.

	 	6.	 	Partial Release of Borrower; Release of Lender. Lender hereby releases (on the
Effective Date) Borrower from liability under the Loan Documents other than this Agreement
(including, without limitation, any obligations pertaining to “; provided however, that the
parties hereby acknowledge and agree that Borrower is expressly not released from and nothing
contained herein is intended to limit, impair, terminate or revoke, any of Borrower’s
obligations with respect to the matters set forth in Section 8.2 of the Note to the extent the
same arise out of or in connection with any act or omission occurring on or before the
Effective Date (the “Retained Obligations”), and that such obligations shall continue in full
force and effect in accordance with the terms and provisions thereof and hereof. Borrower’s
obligations under the Loan Documents with respect to the Retained Obligations shall not be
discharged or reduced by any extension, amendment, renewal or modification to, the Note, the
Security Instrument or any other Loan Documents, including, without limitation, changes to the
terms of repayment thereof, modifications, extensions or renewals of repayment dates, releases
or subordinations of security in whole or in part, changes in the interest rate or advances of
additional funds by Lender in its discretion for purposes related to those set forth in the
Loan Documents. Each of Borrower, Guarantor, Buyer and New Guarantor hereby fully releases (on
the Effective Date) Lender and any servicer(s) of the Loan from any liability of any kind to
Borrower arising out of or in connection with the Loan or the Loan Documents other than this
Agreement. Each of Borrower, Guarantor, Buyer and New Guarantor after consultation with its
respective attorney, hereby expressly waives the benefits of the provisions of Section 1542 of
the California Civil Code which provides to the effect that:

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

	 	 	 	From time to time without first requiring performance on the part of Buyer, Lender may look to
and require performance by Borrower of all Retained Obligations. Borrower waives all
presentments, demands for performance, notices of nonperformance, protests, notices of protest
and notices of dishonor of all or any part of the indebtedness now existing or hereafter arising
under the Loan Documents.
	 
	 	7.	 	Confirmation of Guaranty; Partial Release of Guarantor. Nothing contained herein is
intended to limit, impair, terminate or revoke Guarantor’s obligations under the Guaranty to
the extent the same arise out of or in connection with any act or omission occurring on or
before the Effective Date and such obligations shall continue in full force and effect in
accordance with the terms and provisions of the Guaranty; provided, however, Lender hereby
releases Guarantor from its obligations under the Guaranty (including, without limitation, any
obligations pertaining to “to the extent the same arise out of or in connection with any act
or omission occurring after the Effective Date.
	 
	 	8.	 	Representations and Warranties.

	 	a.	 	Assignment. Borrower and Buyer each hereby represents and warrants to Lender
that, as of the Effective Date, Borrower has irrevocably and unconditionally transferred
and assigned to Buyer all of Borrower’s right, title and interest in and to:

	 	i.	 	The Property and the Collateral;
	 
	 	ii.	 	The Loan Documents;
	 
	 	iii.	 	All leases related to the Property or the Collateral;
	 
	 	iv.	 	All reciprocal easement agreements, operating agreements, and
declarations of conditions, covenants and restrictions related to the Property;

7

 

	 	v.	 	All prepaid rents and security deposits, if any, held by Borrower in connection
with leases of any part of the Property or the Collateral; and
	 
	 	vi.	 	All funds, if any, deposited in impound and/or reserve accounts held
by or for the benefit of Lender pursuant to the terms of the Loan Documents.

	 	 	 	Borrower and Buyer each hereby further represents and warrants to Lender that no consent to the
transfer of the Property and the Collateral to Buyer is required under any agreement to which
it is a party, including, without limitation, under any lease, operating agreement, mortgage or
security instrument (other than the Loan Documents), or if such consent is required, that the
parties have obtained all such consents.
	 
	 	b.	 	No Defaults. Buyer and Borrower each hereby represents and warrants, to the best of
its respective knowledge, that no default, event of default, breach or failure of condition
has occurred, or would exist with notice or the lapse of time or both, under any of the Loan
Documents, as modified by this Agreement, and all representations and warranties herein and in
the other Loan Documents are true and correct.
	 
	 	c.	 	Loan Documents. Buyer represents and warrants to Lender that Buyer has actual
knowledge of all terms and conditions of the Loan Documents, and agrees that Lender has no
obligation or duty to provide any information to Buyer regarding the terms and conditions of
the Loan Documents. Buyer further agrees that all representations, agreements and warranties
in the Loan Documents regarding Borrower, its status, authority, financial condition and
business shall apply to Buyer as well as to Borrower, as though Buyer were the borrower
originally named in the Loan Documents. Buyer further understands and acknowledges that,
except as expressly provided herein or in another writing executed by Lender, Lender has not
waived any right of Lender or obligation of Borrower or Buyer under the Loan Documents and
Lender has not agreed to any modification of any provision of any Loan Document or to any
extension of the Loan.
	 
	 	d.	 	Financial Statements. Buyer represents and warrants to Lender that the financial
statements of Buyer, of each general partner (if Buyer is a partnership) of each member of
Buyer (if Buyer is a limited liability company) and of each New Guarantor, if any, previously
delivered by Buyer or any of such parties to Lender: (i) are materially complete and correct;
(ii) present fairly the financial condition of each of such parties; and (iii) have been
prepared in accordance with generally accepted accounting principles consistently applied or
other accounting standards approved by Lender. Buyer further represents and warrants to Lender
that, since the date of such financial statements, there has been no material adverse change
in the financial condition of any of such parties, nor have any assets or properties reflected
on such financial statements been sold, transferred, assigned, mortgaged, pledged or
encumbered except as previously disclosed in writing by Buyer to Lender and approved in
writing by Lender.
	 
	 	e.	 	Reports. Buyer represents and warrants to Lender that all reports, documents,
instruments and information delivered to Lender by Buyer in connection with Buyer’s assumption
of the Loan: (i) are correct and sufficiently complete to give Lender accurate knowledge of
their subject matter; and (ii) do not contain any misrepresentation of a material fact or
omission of a material fact which omission makes the provided information misleading.
	 
	 	f.	 	Buyer Location. Buyer’s chief executive office (or principal residence, if
applicable) is located at the following address: 3540 Bassett Street, Santa Clara, California
95954. Buyer is an organization organized solely under the laws of the State of Delaware. All
organizational documents of Buyer delivered to Lender are complete and accurate in every
respect. Buyer’s legal name is exactly as shown on page one of this Agreement. Buyer shall not
change Buyer’s name or, as applicable, Buyer’s chief executive office, Buyer’s principal
residence or the jurisdiction in which Buyer is organized, without giving Lender at least 30
days’ prior written notice.

8

 

	 	g.	 	No Adverse Change. Buyer represents and warrants to Lender that since the date of
the financial statements for Buyer and New Guarantor submitted by Buyer in connection with
its application to assume the Loan, there has occurred no adverse change in the financial
condition of Buyer or New Guarantor.
	 
	 	h.	 	No Pledge of Equity Interests. Buyer represents and warrants to Lender that no
equity interest in Buyer or in any entity that, directly or indirectly, owns an equity
interest in Buyer has been pledged, hypothecated or otherwise encumbered as security for
any obligation, and that no portion of the capital contributed to Buyer, directly or
indirectly, in connection with Buyer’s acquisition of the Property consists of borrowed
funds.

	 	9.	 	Waiver of Restricted Account Agreement Requirement. Buyer, Borrower and Lender hereby
agree that, upon the Effective Date, Section 5 of Exhibit A of the Note shall no longer be
effective and shall be deleted in its entirety. Buyer and Lender acknowledge that neither a
Restricted Account Agreement nor a Restricted Account (as such terms are defined in Section 5
of the Note) have been implemented.
	 
	 	10.	 	Letter of Credit Provisions. Buyer, Borrower and Lender hereby agree that, upon the
Effective Date, Section 6 of Exhibit A of the Note shall no longer be effective and shall be
deleted in its entirety.
	 
	 	11.	 	Deletion of Permitted Transfers Provisions. Buyer, Borrower and Lender hereby agree
that, upon the Effective Date, Section 7 of Exhibit A of the Note shall no longer be effective
and shall be deleted in its entirety.
	 
	 	12.	 	Waiver of Key Person or Entity Requirement. Buyer, Borrower and Lender hereby agree
that, upon the Effective Date, Section 7. 1(a)(vii) of the Security Instrument shall no longer
be effective and shall be deleted in its entirety.
	 
	 	13.	 	Notice Address. Section 11 of the Note, Section 8.20 of the Security Instrument, and
any comparable notice provisions among the Loan Documents, pertaining to notice to the
borrower, shall be amended by reference to the notice address of Buyer in Section 18 below.
	 
	 	14.	 	Waiver of Acceleration. Lender hereby agrees that it shall not exercise its right to
cause all sums secured by the Security Instrument to become immediately due and payable
because of the conveyance of the Property and the Collateral from Borrower to Buyer;
provided, however, Lender reserves its right under the terms of the Security
Instrument or any other Loan Document to accelerate all principal and interest in the event of
any subsequent sale, transfer, encumbrance or other conveyance of the Property, the Collateral
or any interest in Buyer, except as permitted by the Loan Documents.
	 
	 	15.	 	Hazardous Materials; CCP Section 726.5; Section 736. Without in any way limiting any
other provision of this Agreement, Buyer reaffirms as of the Effective Date and continuing
hereafter: (a) each and every representation and warranty in the Loan Documents respecting
“Hazardous Materials”; and (b) each and every covenant and indemnity in the Loan Documents
respecting “Hazardous Materials”. In addition, Buyer and Lender agree that: (i) this Section
is intended as Lender’s written request for information (and Buyer’s response) concerning the
environmental condition of the real property security under the terms of California Code of
Civil Procedure Section 726.5; and (ii) each representation and/or covenant in this Agreement
or any other Loan Document (together with any indemnity applicable to a breach of any such
representation and/or covenant) with respect to the environmental condition of the real
property security is intended by Lender and Borrower to be an “environmental provision” for
purposes of California Code of Civil Procedure Section 736.
	 
	 	16.	 	Multiple Parties. If more than one buyer has signed this Agreement as Buyer, then all
references in this Agreement to Buyer shall mean each and all of the buyers signing this
Agreement as Buyer. The liability of all of the buyers signing this Agreement as Buyer shall
be joint and several with all others similarly liable. If more than one borrower has signed
this Agreement as Borrower, then all references in this Agreement to Borrower shall mean each
and all of the borrowers signing this Agreement as Borrower. The

9

 

	 	 	 	liability of all of the borrowers signing this Agreement as Borrower shall be joint and several
with all others similarly liable.
	 
	 	17.	 	Confirmation of Security Interest. Nothing contained herein shall affect or be
construed to affect any lien, charge or encumbrance created by any Loan Document or the
priority of that lien, charge or encumbrance. All assignments and transfers by Borrower to
Buyer are subject to any security interest(s) held by Lender.
	 
	 	18.	 	Notices. All notices to be given to Buyer pursuant to the Loan Documents shall be addressed as
follows:

3540 Bassett Street

Santa Clara, California

95954 Attention: Uzi Sasson

Facsimile: (408) 496-6104

	 	 	 	All notices to be given to Borrower or Guarantor pursuant to the Loan documents shall be
addressed as follows:

c/o Menlo Equities LLC

490 California Avenue

4th Floor

Palo Alto, California 94306

Facsimile: (650) 326-9333

	 	19.	 	Integration; Interpretation. The Loan Documents, including this Agreement, contain or
expressly incorporate by reference the entire agreement of the parties with respect to the
matters contemplated herein and supersede all prior negotiations. The Loan Documents shall not
be modified except by written instrument executed by Lender and Buyer. Any reference in any of
the Loan Documents to the Property or the Collateral shall include all or any parts of the
Property or the Collateral.
	 
	 	20.	 	Successors and Assigns. This Agreement is binding upon and shall inure to the benefit
of the heirs, successors and assigns of the parties but subject to all prohibitions of
transfers contained in any Loan Document.
	 
	 	21.	 	Attorneys’ Fees; Enforcement. If any attorney is engaged by Lender to enforce,
construe or defend any provision of this Agreement, or as a consequence of any default under
or breach of this Agreement by Buyer, with or without the filing of any legal action or
proceeding, Buyer shall pay to Lender, upon demand, the amount of all attorneys’ fees and
costs reasonably incurred by Lender in connection therewith, together with interest thereon
from the date of such demand at the rate of interest applicable to the principal balance of
the Note as specified therein.
	 
	 	22.	 	One-Time Right of Transfer of Property. The parties acknowledge that Section 4 of
Exhibit A to Promissory Note attached to and forming a part of the Note provides that Lender
shall, one (1) time only, consent to the voluntary sale or exchange of all of the Property,
all subject, however, to the terms and conditions set forth therein. The parties agree that
this Agreement and the actions to be taken as contemplated herein shall constitute such one
consent and that hereafter, Lender shall not be required to consent to any further such sale
or exchange.
	 
	 	23.	 	Miscellaneous. This Agreement shall be governed and interpreted in accordance with
the laws of the jurisdiction(s) specified in the other Loan Documents as governing the other
Loan Documents. In any action brought or arising out of this Agreement, Borrower and Buyer,
and general partners, members and joint venturers of them, hereby consent to the jurisdiction
of any state or federal court having proper venue as specified in the other Loan Documents and
also consent to the service of process by any means authorized by the law of such
jurisdiction(s). Except as expressly provided otherwise herein, all terms used herein shall
have the meaning given to them in the other Loan Documents. Time is of the essence of each

10

 

	 	 	 	term of the Loan Documents, including this Agreement. If any provision of this Agreement or any
of the other Loan Documents shall be determined by a court of competent jurisdiction to be
invalid, illegal or unenforceable, that portion shall be deemed severed therefrom and the
remaining parts shall remain in full force as though the invalid, illegal, or unenforceable
portion had not been a part thereof.
	 
	 	24.	 	Counterparts. This Agreement may be executed in any number of counterparts, each of
which when executed and delivered will be deemed an original and all of which taken together
will be deemed to be one and the same instrument.

[No further text this page]

11

 

     IN WITNESS WHEREOF, Borrower, Guarantor, Buyer, New Guarantor and Lender have caused this
Agreement to be duly executed as of the date first above written.

	 	 	 	 	 	 	 	 	 
	LENDER	 	 
	 
	 	 	 	 	 	 	 	 
	LASALLE BANK NATIONAL ASSOCIATION, as Trustee for Morgan Stanley Dean
Witter Capital I Inc., Commercial Mortgage Pass-Through Certificates,
Series 2001-TOP1	 	 
	 
	 	 	 	 	 	 	 	 
	By:	 	Wells Fargo Bank, National Association, as Servicer under the Pooling
and Servicing Agreement dated as of February 1, 2001, by and between
Morgan Stanley Dean Witter Capital I Inc., Wells Fargo Bank, National
Association, GMAC Commercial Mortgage Corporation, LaSalle Bank
National Association, Wells Fargo Bank Minnesota, National Association,
and ABN AMRO Bank N.V.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Traci Mills-Smith	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 

[Signatures continued on next page]

12

 

	 	 	 	 	 	 	 	 	 	 	 
	BORROWER	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	BARBER LANE ASSOCIATES L.P.,
a California limited
partnership	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:	 	Menlo Equities Associates V LLC,

a California limited liability company,
General
Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Menlo Equities LLC,

a California limited liability company,
Managing
Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Menlo Equities, Inc.,

a California corporation,

Managing Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Henry D. Bullock
	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Henry D. Bullock,	 	 
	 

	 	 	 	 	 	 	 	President	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Diamant Investments LLC,

a Delaware limited liability company Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	/s/ Richard J. Holmstrom	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Richard J. Holmstrom,	 	 
	 

	 	 	 	 	 	 	 	Managing Member	 	 

	 	 	 	 	 	 	 
	GUARANTOR	 	 
	 
	 	 	 	 	 	 
	MENLO EQUITIES LLC, 

a California limited liability company,	 	 
	 
	 	 	 	 	 	 
	By:	 	Menlo Equities, Inc.,
a California corporation, 

Managing Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Henry D. Bullock	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Henry D. Bullock,	 	 
	 

	 	 	 	President	 	 
	 
	 	 	 	 	 	 
	By:	 	Diamant Investments LLC,

a Delaware limited liability company Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Richard J. Holmstrom	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Richard J. Holmstrom,	 	 
	 

	 	 	 	Managing Member	 	 

[Signatures continued on next page]

13

 

	 	 	 	 	 	 	 
	BUYER
 	 	 
	IXYS BUCKEYE, LLC, 

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 
	By:	 	IXYS CORPORATION,
a Delaware corporation	 	 
	Its:	 	Sole Member and Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Uzi Sasson	 
	 

	 	 	 	 	 
	 

	 	 	 	Uzi Sasson	 	 
	 

	 	 	 	Vice President of Finance	 	 
	 
	 	 	 	 	 	 
	NEW GUARANTOR	 	 
	 
	 	 	 	 	 	 
	IXYS CORPORATION,
a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	By:	 	/s/ Uzi Sasson	 	 
	 

	 	 	 	 
	 	 	Uzi Sasson	 	 
	 	 	Vice President of Finance	 	 

14

 

Exhibit A

	 	 	 	 
	 

	 	 	 
	Recording Requested by

and when recorded return to:

	 	 	 
	 
	 	 	 
	PEPLER MASTROMONACO LLP
	 	 	 
	100 First Street, 25th
Floor
	 	 	 
	San Francisco, California 94105
	 	 	 
	Attention: Peter A. Mastromonaco, Esq.
	 	 	 
	 
	 	 	 
	Loan No.: 31-0900266
	 	 	 
	 
	 	 	 
	 	 	 	 

MEMORANDUM OF ASSUMPTION AGREEMENT

BARBER LANE ASSOCIATES L.P., a California limited partnership (“Borrower”), with a mailing address
at c/o Menlo Equities LLC, 490 California Avenue, 4th Floor, Palo Alto, California 94306, MENLO
EQUITIES LLC, a California limited liability company (“Guarantor”), with a mailing address at c/o
Menlo Equities LLC, 490 California Avenue, 4th Floor, Palo Alto, California 94306, IXYS BUCKEYE,
LLC, a Delaware limited liability company (“Buyer”), with a mailing address at 3540 Bassett
Street, Santa Clara, California 95954, IXYS CORPORATION, a Delaware corporation (“New Guarantor”),
with a mailing address at 3540 Bassett Street, Santa Clara, California 95954, and LASALLE BANK
NATIONAL ASSOCIATION, as Trustee for Morgan Stanley Dean Witter Capital I Inc., Commercial
Mortgage Pass-Through Certificates, Series 2001-TOP1 (“Lender”), with a mailing address at c/o
Wells Fargo Bank, N.A., Commercial Mortgage Servicing, 1320 Willow Pass Road, Suite 300, Concord,
California 94520, are parties to that certain ASSUMPTION AGREEMENT dated of even date herewith
(“Assumption Agreement”). The undersigned parties agree that all obligations under that certain
promissory note (“Note”) dated December 21, 2000, in the original principal amount of Eight
Million and no/100ths Dollars ($8,000,000.00), secured by that certain Deed of Trust and Absolute
Assignment of Rents and Leases and Security Agreement (and Fixture Filing) (“Security Instrument”)
recorded on January 12, 2001, as Instrument No. 0015525418, in the Official Records of Santa Clara
County, California (“Official Records”), the beneficiary’s interest under which was assigned by
instrument recorded on April 9, 2001, as Instrument No. 15629028, in the Official Records, and all
other Loan Documents (as defined in the Assumption Agreement), have been assumed by Buyer upon the
terms and conditions set forth in the Assumption Agreement. The Assumption Agreement is by this
reference incorporated herein and made a part hereof. This Memorandum of Assumption Agreement may
be executed in any number of counterparts, each of which when executed and delivered will be
deemed an original and all of which taken together will be deemed to be one and the same
instrument.

Dated:                     , 2007

15

 

     IN WITNESS WHEREOF, Borrower, Guarantor, Buyer, New Guarantor and Lender have caused this
Agreement to be duly executed as of the date first above written.

	 	 	 	 	 	 	 	 	 
	LENDER	 	 
	 
	 	 	 	 	 	 	 	 
	LASALLE BANK NATIONAL ASSOCIATION, as Trustee for Morgan Stanley Dean
Witter Capital I Inc., Commercial Mortgage Pass-Through Certificates,
Series 2001-TOP1	 	 
	 
	 	 	 	 	 	 	 	 
	By:	 	Wells Fargo Bank, National Association, as Servicer under the Pooling
and Servicing Agreement dated as of February 1, 2001, by and between
Morgan Stanley Dean Witter Capital I Inc., Wells Fargo Bank, National
Association, GMAC Commercial Mortgage Corporation, LaSalle Bank
National Association, Wells Fargo Bank Minnesota, National Association,
and ABN AMRO Bank N.V.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	Title:	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 

[Signatures continued on next page]

16

 

	 	 	 	 	 	 	 	 	 	 	 
	BORROWER	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	BARBER LANE ASSOCIATES L.P.,
a California limited
partnership	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:	 	Menlo Equities Associates V LLC,

a California limited liability company,
General
Partner	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	By:	 	Menlo Equities LLC,

a California limited liability company,
Managing
Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Menlo Equities, Inc.,

a California corporation, 

Managing Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:
	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Henry D. Bullock,	 	 
	 

	 	 	 	 	 	 	 	President	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	By:	 	Diamant Investments LLC,

a Delaware limited liability company Member	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	Richard J. Holmstrom,	 	 
	 

	 	 	 	 	 	 	 	Managing Member	 	 

	 	 	 	 	 	 	 
	GUARANTOR	 	 
	 
	 	 	 	 	 	 
	MENLO EQUITIES LLC, 

a California limited liability company,	 	 
	 
	 	 	 	 	 	 
	By:	 	Menlo Equities, Inc.,
a California corporation, 

Managing Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Henry D. Bullock,	 	 
	 

	 	 	 	President	 	 
	 
	 	 	 	 	 	 
	By:	 	Diamant Investments LLC,

a Delaware limited liability company Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Richard J. Holmstrom,	 	 
	 

	 	 	 	Managing Member	 	 

[Signatures continued on next page]

17

 

	 	 	 	 	 	 	 
	BUYER
 	 	 
	IXYS BUCKEYE, LLC, 

a Delaware limited liability company	 	 
	 
	 	 	 	 	 	 
	By:	 	IXYS CORPORATION,
a Delaware corporation	 	 
	Its:	 	Sole Member and Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 	 
	 

	 	 	 	 	 
	 

	 	 	 	Uzi Sasson	 	 
	 

	 	 	 	Vice President of Finance	 	 
	 
	 	 	 	 	 	 
	NEW GUARANTOR	 	 
	 
	 	 	 	 	 	 
	IXYS CORPORATION,
a Delaware corporation	 	 
	 
	 	 	 	 	 	 
	By:	 	 	 	 
	 

	 	 	 	 
	 	 	Uzi Sasson	 	 
	 	 	Vice President of Finance	 	 

18

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