0001157523-14-001837 Sample Contracts

MODIFICATION NO. 2 TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 2nd, 2014 • Advanced Photonix Inc • Semiconductors & related devices

This Modification No. 2 to Loan and Security Agreement (“Second Modification”) is executed as of April 30, 2014 (the “Second Modification Effective Date”), by and among Partners for Growth III, L.P., a Delaware limited partnership corporation (“PFG”) with its principal place of business at 150 Pacific Avenue, San Francisco, California 94111, and each of Advanced Photonix, Inc., a Delaware corporation (“API”) and Picometrix, LLC, a Delaware limited liability company (“Picometrix”), each with its principal place of business at 2925 Boardwalk, Ann Arbor, MI 48104 (individually and collectively, jointly and severally, “Borrower”).

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SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (EX-IM LOAN FACILITY)
Loan and Security Agreement • May 2nd, 2014 • Advanced Photonix Inc • Semiconductors & related devices

THIS SIXTH AMENDMENT to Loan and Security Agreement and Waiver (this “Amendment”) is entered into as of April __, 2014, by and between Silicon Valley Bank (“Bank”) and ADVANCED PHOTONIX, INC., PICOMETRIX, LLC and ADVANCED PHOTONIX CANADA, INC. (individually, a “Borrower” and, collectively, the “Borrowers”).

SEVENTH AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 2nd, 2014 • Advanced Photonix Inc • Semiconductors & related devices

THIS SEVENTH AMENDMENT to Loan and Security Agreement (this “Amendment”) is entered into as of April __, 2014, by and between Silicon Valley Bank (“Bank”) and ADVANCED PHOTONIX, INC., PICOMETRIX, LLC and ADVANCED PHOTONIX CANADA, INC. (individually, a “Borrower” and, collectively, the “Borrowers”).

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