Document:

Exhibit
10.1

 

AMENDMENT
NO. 2 TO

SECOND
AMENDED AND RESTATED STOCKHOLDER AGREEMENT

This Amendment No.
2, dated as of December 1, 2006 (this “Amendment
No. 2”), to the Second Amended and Restated Stockholder Agreement,
dated as of October 18, 2005 and amended as of April 24, 2006 (the “Agreement”), is entered into by and among
Aviza Technology, Inc. (formerly, New Athletics, Inc.), a Delaware corporation
(“Parent”), Trikon Technologies, Inc., a
Delaware corporation (“Trikon”),
and VantagePoint Venture Partners IV (Q), L.P., VantagePoint Venture Partners
IV, L.P. and VantagePoint Venture Partners IV Principals Fund, L.P.
(collectively, “VPVP”).

RECITALS

WHEREAS, Parent,
Trikon and VPVP are parties to the Agreement and wish to amend the Agreement in
accordance with the terms of this Amendment No. 2.

WHEREAS, pursuant
to Section 7.2 of the Agreement, the Agreement may be amended by a written
instrument signed by the parties hereto and by the written approval of a
majority of the Trikon Designees (as such term is defined in the Agreement)
presently serving on the board of directors of Parent.

AGREEMENT

NOW THEREFORE, in
consideration of the respective covenants and promises contained herein and for
other good and valuable consideration, the receipt and adequacy of which is
hereby acknowledged, the parties hereto agree as follows:

1.             Defined Terms.  Capitalized terms used but not defined herein
shall have the meanings assigned to such terms in the Agreement.

2.             Amendment to Section 1 of the
Agreement.

(a)      The defined terms “Subsequent Warrant” and “Subsequent
Warrants” are hereby deleted in their entirety.

(b)      The defined terms “Warrant” and “Warrants” are
hereby deleted in their entirety and replaced with the following:

“Warrant” or “Warrants” shall
mean, collectively, the Initial Warrant or Initial Warrants.

3.             Amendment to Section 5 of the
Agreement.

Section 5.2 of the
Agreement is hereby deleted in its entirety.

 

4.             Amendment
to Exhibit B to the Agreement.

Exhibit B
to the Agreement is hereby deleted in its entirety and replaced with the
following:

EXHIBIT B

Allocation of
Warrants Among VPVP Entities

Initial Warrants:

	
  Entity

  	
   

  	
  Allocation %

  	
   

  
	
  VantagePoint
  Venture Partners IV (Q), L.P.

  	
   

  	
  90.59

  	
  %

  
	
  VantagePoint
  Venture Partners IV, L.P.

  	
   

  	
  9.08

  	
  %

  
	
  VantagePoint
  Venture Partners IV Principals Fund, L.P.

  	
   

  	
  0.33

  	
  %

  

 

5.             Full Force and Effect.  Except as expressly modified by this
Amendment No. 2, the Agreement is unmodified and this Amendment No. 2 shall not
impair the full force and effect of the Agreement.  The Company confirms that VPVP has no further
obligations under Sections 3.1 and 3.2 of the Agreement.

6.             Choice
of Law.  This Amendment No. 2 shall be governed by, and construed in accordance
with, the law of the State of Delaware without regard to conflict of law
principles that would result in the application of any law other than the law
of the State of Delaware.

7.             Counterparts.  This Amendment No. 2 may be executed in one
or more counterparts, and by the different parties hereto in separate
counterparts, each of which when executed shall be deemed to be an original but
all of which taken together shall constitute one and the same agreement.

[Signature
Page Follows]

 

IN WITNESS WHEREOF, the parties
hereto have executed this Amendment No. 2 or caused this Amendment No. 2 to be
duly executed on their respective behalf, by their respective officers
thereunto duly authorized, all as of the date first set forth above.

	
  AVIZA TECHNOLOGY, INC.

  	
   

  	
  VANTAGEPOINT VENTURE PARTNERS IV, (Q) L.P.

  
	
  (f/k/a New Athletics, Inc.)

  	
   

  	
   

  
	
   

  	
   

  	
  By: VantagePoint Venture Associates IV, L.L.C.

  
	
   

  	
   

  	
  Its: General Partner

  
	
  /s/ Patrick C. O’Connor

  	
   

  	
   

  
	
  By: Patrick C. O’Connor

  	
   

  	
   

  
	
  Its: Executive Vice President and Chief Financial
  Officer

  	
   

  	
  /s/ Alan E. Salzman

  
	
   

  	
   

  	
  By: Alan E. Salzman

  
	
   

  	
   

  	
  Its: Managing Member

  
	
  Date: December 15, 2006

  	
   

  	
   

  
	
   

  TRIKON TECHNOLOGIES, INC.

  	
   

  	
  Date: December 8, 2006

  
	
   

  /s/ Patrick C. O’Connor

  	
   

  	
  VANTAGEPOINT VENTURE PARTNERS IV, L.P.

  
	
  By: Patrick C. O’Connor

  	
   

  	
  By: VantagePoint Venture Associates IV, L.L.C.

  
	
  Its: Executive Vice President and Chief Financial
  Officer

  	
   

  	
  Its: General Partner

  
	
   

  Date: December 15, 2006

  	
   

  	
   

  /s/ Alan E. Salzman

  
	
   

  	
   

  	
  By: Alan E. Salzman

  
	
   

  	
   

  	
  Its: Managing Member

  
	
   

  	
   

  	
   

  Date: December 8, 2006

   

  
	
   

  	
   

  	
  VANTAGEPOINT VENTURE PARTNERS IV PRINCIPALS
  FUND, L.P.

   

  
	
   

  	
   

  	
  By: VantagePoint Venture Associates IV, L.L.C.

  
	
   

  	
   

  	
  Its: General Partner

   

  
	
   

  	
   

  	
  /s/ Alan E. Salzman

  
	
   

  	
   

  	
  By: Alan E. Salzman

  
	
   

  	
   

  	
  Its: Managing Member

  
	
   

  	
   

  	
  Date: December 8, 2006

  

 

********************

 

 

Approved,
affirmed and agreed to as of the date first set forth above by:

TRIKON DESIGNEES:

	
  John Macneil:

  	
  /s/ John Macneil

  	
   

  	
   

  
	
   

  Date: December 15, 2006

   

   

  	
   

  	
   

  
	
  Robert R. Anderson:

  	
  /s/ Robert R. Anderson

  	
   

  	
   

  
	
   

  Date: December 11, 2006Exhibit 10.2

AVIZA TECHNOLOGY, INC.

2007 MANAGEMENT BONUS PLAN

1.             Purpose.  This
2007 Management Bonus Plan (this “Bonus Plan”)
is intended to provide an incentive for superior work and to motivate eligible
officers of Aviza Technology, Inc. (the “Company”)
and its subsidiaries toward higher achievement and business results, to tie
their goals and interests to those of the Company and its stockholders and to
enable the Company to attract and retain highly qualified officers. This Bonus
Plan is for the benefit of Covered Officers (as defined below).  The Bonus Plan is designed to ensure the
bonuses paid hereunder to Covered Officers are deductible without limit under
Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations and
interpretations promulgated thereunder.

2.             Covered Officers. From time to time, the Compensation
Committee (the “Compensation Committee”) of
the Board of Directors (the “Board”) of
the Company may select certain key officers who are or who at some future date
may be “covered employees” as defined in Section 162(m)(3) of the Code (the “Covered Officers”) to be eligible to
receive bonuses hereunder.

3.             Administration.  Unless otherwise determined by the
Board, the Compensation Committee shall have the sole discretion and authority
to administer and interpret this Bonus Plan. 
At all times the Compensation Committee shall consist of at least two
members of the Board who shall qualify as “outside directors” under Section
162(m) of the Code.

4.             Bonus Determinations.

(a)   A Covered Officer may receive a bonus payment
under this Bonus Plan based upon the attainment of performance objectives which
are established by the Compensation Committee and relate to financial,
operational or other metrics with respect to the Company or any of its
subsidiaries (the “Performance Goals”),
including but not limited to: (i) net income (loss) (either before or after
interest, taxes, depreciation and/or amortization), (ii) sales or revenue,
(iii) acquisitions or strategic transactions, (iv) operating income (loss), (v)
cash flow (including, without limitation, operating cash flow and free cash
flow), (vi) return on capital, (vii) return on assets (including, without
limitation, return on net assets), (viii) return on stockholders’ equity, (ix)
economic value added, (x) stockholder returns, (xi) return on sales, (xii)
gross or net profit margin, (xiii) productivity, (xiv) expenses, (xv) margins,
(xvi) operating efficiency, (xvii) customer satisfaction, (xviii) working
capital, (xix) earnings (loss) per share, (xx) price per share of equity
securities, (xxi) market share and (xxii) number of customers, any of which may
be measured either in absolute terms or as compared to any incremental increase
or decrease, or as compared to results of a peer group.

(b)   Except as otherwise set forth in this Section
4(b): (i) any bonuses paid to Covered Officers under this Bonus Plan shall be
based upon objectively determinable bonus formulas that tie such bonuses to one
or more performance objectives relating to the Performance Goals, (ii) bonus
formulas for Covered Officers shall be adopted in each performance period by
the Compensation Committee no later than the latest time permitted by Section
162(m) of the Code (generally, for performance periods of one year or more, no
later than 90 days after the 

    

commencement of the performance period) and (iii) no
bonuses shall be paid to Covered Officers unless and until the Compensation
Committee makes a certification with respect to the attainment of the
performance objectives as required by Section 162(m) of the Code.  The Compensation Committee shall have no
discretion to increase the amount of a Covered Officer’s bonus as determined
under the applicable bonus formula. 
Notwithstanding the foregoing, the Company may pay bonuses (including,
without limitation, discretionary bonuses) to Covered Officers under this Bonus
Plan based upon such other terms and conditions as the Compensation Committee
may in its discretion determine.

(c)   The maximum
bonus payable to a Covered Officer under this Bonus Plan shall not exceed
$1,000,000 with respect to any calendar year.

(d)   The payment
of a bonus to a Covered Officer with respect to a performance period shall be
conditioned upon the Covered Officer’s employment with the Company on the last
day of the performance period; provided,
however, that the Compensation Committee may make exceptions to this
requirement, in its sole discretion, including, without limitation, in the case
of a Covered Officer’s termination of employment, retirement, death or
disability.

(e)   All bonuses paid hereunder shall be subject
to applicable state, federal and local tax withholding.

5.             Bonus Payments.
Bonuses awarded under this Bonus Plan shall be paid in cash and are not
intended to be classified as deferred compensation for purposes of Section 409A
of the Code (together with any regulations or other interpretive guidance that
me be issued after the date hereof, “Section 409A”).
This Bonus Plan shall be interpreted in accordance with, and incorporate the
terms and conditions required by, Section 409A. 
The Compensation Committee may, in its discretion, adopt such amendments
to this Bonus Plan or adopt other policies and procedures (including amendments,
policies and procedures with retroactive effect), or take any other actions, as
the Compensation Committee determines are necessary and appropriate to exempt
any bonuses awarded under this Bonus Plan from Section 409A or to comply with
the requirements of Section 409A.

6.             Amendment and Termination. The Company reserves the right to amend
or terminate this Bonus Plan at any time in its sole discretion.  Any amendments to this Bonus Plan shall
require stockholder approval only to the extent required by Section 162(m) of
the Code.

7.             Stockholder Approval.  No bonuses shall be paid under this Bonus
Plan unless and until the Company’s stockholders shall have approved this Bonus
Plan and the Performance Goals as required by Section 162(m) of the Code.  So long as this Bonus Plan shall not have
been previously terminated by Company, it shall be resubmitted for approval by
the Company’s stockholders in the fifth year after it shall have first been
approved by the Company’s stockholders, and every fifth year thereafter.  In addition, the Bonus Plan shall be
resubmitted to the Company’s stockholders for approval as required by Section
162(m) of the Code if it is amended in any way which changes the material terms
of the Plan’s Performance Goals set forth in the first paragraph of Section 4,
including by materially modifying such Performance Goals, increasing the
maximum bonus payable under the Bonus Plan or changing the Plan’s eligibility
requirements.

8.             Governing Law. This Bonus Plan shall
be construed in accordance with and governed by the laws of the State of
Delaware without regard to conflict of the law principles that would result in
the application of any laws other than the laws of the State of Delaware.

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