Amendment No. 1 to Warrant to Purchase Stock between NEXX Systems, Inc. and Comerica Bank
NEXX Systems, Inc. and Comerica Bank have agreed to amend their existing Warrant to Purchase Stock dated June 10, 2011. This amendment specifically deletes Section 2.4 of the original warrant. All other terms of the warrant remain unchanged and in effect. The amendment is effective as of the date signed by both parties.
EXHIBIT 10.25.7.1
AMENDMENT NO. 1 TO WARRANT
This Amendment No. 1 to Warrant (“Amendment”), is made, delivered, and effective as of the Effective Date by and between NEXX SYSTEMS, INC., a Delaware corporation (“Borrower”) and COMERICA BANK, a Texas banking association (“Comerica”) in order to amend the Warrant to Purchase Stock dated June 10, 2011 issued by Borrower to Comerica Bank (“Warrant”).
For valuable consideration, Borrower and Comerica agree as follows:
1. Section 2.4 of the Warrant is amended entirely to read as set forth below:
“2.4 Intentionally deleted.”
2. This Amendment is not an agreement to any further or other amendment of the Warrant. Borrower and Comerica expressly acknowledge and agree that except as expressly amended in this Amendment, the Warrant, as amended, remains in full force and effect and is ratified and confirmed.
This Amendment No. 1 to Warrant is executed and delivered as of the date first written above.
| NEXX SYSTEMS, INC. | COMERICA BANK | |||||||
| By: | /S/ STANLEY D. PIEKOS | By: | /S/ LAREEDA RENTIE | |||||
| Name: | Stanley D. Piekos | Name: | LaReeda Rentie | |||||
| Title: | Chief Financial Officer | Title: | First Level Officer | |||||
