Exhibit 10.22
Date: FEBRUARY 29, 2000
TO: THE BANK OF TOKYO-MITSUBISHI, LIMITED
GUARANTEE
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The maximum amount guaranteed JPY 200,000,000
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The term of this guarantee Until May 31, 2001
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In regard to any and all obligations the Principal presently owes and/or
may owe your Bank as a result of transactions at any time until the date set
forth above provided for in Article 1 of the Agreement on Bank Transactions
which the Principal separately executed and delivered to your Bank, the
Guarantor shall be jointly and severally liable with the Principal for the
performance of all such obligations to the extent of the maximum amount set
forth above, and the Guarantor hereby agrees to abide by the terms and
conditions of the said Agreement on Bank Transactions as well as the term,
set forth below with regard to the performance of any such obligations:
1. Even if your Bank changes or releases the security or other
guarantees at your Bank's convenience, the Guarantor shall not claim
exemption from the obligations.
2. The Guarantor shall not effect a setoff by any of the Principal's
deposits or credits with your Bank.
3. If and when the Guarantor performs any obligations of this
guarantee, the Guarantor shall not exercise any rights obtained from your
Bank by subrogation without the prior approval of your Bank so long as
transactions between the Principal and your Bank continue. Upon your Bank's
demand, the Guarantor shall assign such rights and priority to your Bank
without compensation.
4. In cases in which the Guarantor has given or gives in the future any
other guarantee in regard to any of the Principal's obligations to your Bank,
the total amount of the obligations guaranteed shall, unless otherwise agreed,
be the aggregate of such guarantees, and this guarantee shall not affect any
such other guarantees.
The Principal: Signature Gasonics International Japan K.K.
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Full Name: President Xxxxxxxx Xxxxxx
Company
Stamp Address: JIP Code 243-0801
000-0 Xxxxxxxx, Xxxxxx-Xxx,
Xxxxxxxx-Xxxxxxxxxx
Xxxxx
The Guarantor: Signature: Xxxxx Xxxxxxxx
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Full Name: Gasonics International Corporation
Xxxxx Xxxxxxxx
Address: 0000 Xxxxxxxx Xxxxxx
Xxx Xxxx, Xxxxxxxxxx 00000
(All questions that may arise within or without the courts of law in regard
the meaning of the words, provisions and stipulations of this Agreement shall
be decided in accordance with the Japanese text.)
