<SEC-DOCUMENT>0001558370-24-008474.txt : 20240520
<SEC-HEADER>0001558370-24-008474.hdr.sgml : 20240520
<ACCEPTANCE-DATETIME>20240520161533
ACCESSION NUMBER:		0001558370-24-008474
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20240516
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20240520
DATE AS OF CHANGE:		20240520

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AXT INC
		CENTRAL INDEX KEY:			0001051627
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				943031310
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24085
		FILM NUMBER:		24964658

	BUSINESS ADDRESS:	
		STREET 1:		4281 TECHNOLOGY DR.
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538
		BUSINESS PHONE:		510.438.4734

	MAIL ADDRESS:	
		STREET 1:		4281 TECHNOLOGY DR.
		CITY:			FREMONT
		STATE:			CA
		ZIP:			94538

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN XTAL TECHNOLOGY
		DATE OF NAME CHANGE:	19971217
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>axti-20240516x8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<!-- iXBRL document created with: Toppan Merrill Bridge iXBRL 10.6.2.5 -->
<!-- Based on: iXBRL 1.1 -->
<!-- Created on: 5/20/2024 4:15:50 PM -->
<!-- iXBRL Library version: 1.0.8826.24652 -->
<!-- iXBRL Service Job ID: 14df5715-eaec-4a7d-a24a-d304108c5347 -->
<html xmlns:dei="http://xbrl.sec.gov/dei/2023" xmlns="http://www.w3.org/1999/xhtml" xmlns:axti="http://www.axt.com/20240516" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrli="http://www.xbrl.org/2003/instance"><head><meta http-equiv="content-type" content="text/html"/><title></title></head><body><div style="margin-top:30pt;"></div><div style="display:none;"><ix:header><ix:hidden><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityCentralIndexKey" id="Tc_q4jl_PHedkqm_J2CAKj8aQ_2_1">0001051627</ix:nonNumeric><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:AmendmentFlag" id="Tc_KFQ9YccVx0qeOJuKIb6xHg_3_1">false</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="axti-20240516.xsd" xlink:type="simple"/></ix:references><ix:resources><xbrli:context id="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001051627</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2024-05-16</xbrli:startDate><xbrli:endDate>2024-05-16</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;min-height:12.65pt;"><a id="_c5953bd1_307b_446f_bc22_334b6a103ca1"></a><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">UNITED STATES</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">SECURITIES AND EXCHANGE COMMISSION</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">Washington, D.C. 20549</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman','Times','serif';font-size:11.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><b style="font-size:11pt;font-weight:bold;">FORM&#160;</b><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:DocumentType" id="Narr_vUmOnfFprEabfsk9CIdw0A"><b style="font-size:11pt;font-weight:bold;">8-K</b></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;"><b style="font-weight:bold;">CURRENT REPORT</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;"><b style="font-weight:bold;">Pursuant to Section&#160;13 or 15(d)&#160;of the Securities Exchange Act of 1934</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:11pt;">Date of Report (Date of earliest event reported): </span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="Narr_iKKFEv8d5Ui40l1AJ7RE7w"><span style="font-size:11pt;">May 16, 2024</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:3pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:3pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityRegistrantName" id="Narr_ePM7ZwlqJUKtUtouo5wJKw"><b style="font-size:11pt;font-weight:bold;">AXT,&#160;INC.</b></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;text-indent:0pt;margin:0pt;">(Exact name of registrant as specified in its charter)</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman','Times','serif';font-size:11.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><a id="_d3a94da4_8c44_44b6_9ad4_06751dc6ecda"></a><a id="Tc_MlV6iouKpUGyypIzgE3Y0w_2_0"></a><a id="Tc_VO5qhAlCWEarUMKMMY8Bog_2_2"></a><a id="Tc_nnSZAolte0Cl0rL3sXeFSQ_2_4"></a><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:31.89%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:2.03%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:32.12%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:2.03%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:31.89%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:31.89%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:-7.2pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="Tc_N4x74i5y5UKX8CpT9kp3tw_1_0"><span style="font-size:11pt;">Delaware</span></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:2.03%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-indent:0pt;margin:0pt;">&#160;&#160;</p></td><td style="vertical-align:top;width:32.12%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityFileNumber" id="Tc_xTrmE7YU9EaGUlmJjfY1xQ_1_2"><span style="font-size:11pt;">000-24085</span></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:2.03%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-indent:0pt;margin:0pt;">&#160;&#160;</p></td><td style="vertical-align:top;width:31.89%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityTaxIdentificationNumber" id="Tc_LLQP9ns9t0ushlUPGe1zYg_1_4"><span style="font-size:11pt;">94-3031310</span></ix:nonNumeric></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:31.89%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;text-indent:-7.2pt;margin:0pt;">(State or other jurisdiction of incorporation)</p></td><td style="vertical-align:bottom;width:2.03%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:32.12%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;text-indent:0pt;margin:0pt;">(Commission File Number)</p></td><td style="vertical-align:bottom;width:2.03%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:31.89%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;text-indent:0pt;margin:0pt;">(IRS Employer Identification No.)</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><div style="font-family:'Times New Roman','Times','serif';font-size:11.0pt;margin-bottom:0pt;margin-top:0pt;min-height:1.19em;position:relative;width:100%;"><div style="background-color:#000000;height:1pt;position:relative;top:0.6em;width:25.0%;border:none;margin:0 auto;"></div></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityAddressAddressLine1" id="Narr_F5qlSJ5Zb0Kkqy3OHrpUfQ">4281 Technology Drive</ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityAddressCityOrTown" id="Narr_af4qBk9Vlkie4NeG5P4CmQ"><span style="font-size:11pt;">Fremont</span></ix:nonNumeric><span style="font-size:11pt;">, </span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="Narr_p8ahk3sEEEKNvQhEi3NH1Q"><span style="font-size:11pt;">California</span></ix:nonNumeric><span style="font-size:11pt;"> </span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:EntityAddressPostalZipCode" id="Narr_A6iM6EHnLU6vGHF6mmw2Ew"><span style="font-size:11pt;">94538</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">(Address of principal executive offices) (Zip Code)</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:9pt;white-space:pre-wrap;">Registrant&#8217;s telephone number, including area code:  (</span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:CityAreaCode" id="Narr_SyQDfmvBd0SloMB99o83Dg"><span style="font-size:9pt;">510</span></ix:nonNumeric><span style="font-size:9pt;">) </span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:LocalPhoneNumber" id="Narr_0LcsXSNCvkmsfP9EBm7YGA"><span style="font-size:9pt;">438-4700</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">Not Applicable</p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;text-indent:0pt;margin:0pt;">(Former name or former address, if changed since last report)</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-indent:0pt;margin:0pt;">Check the appropriate box below if the Form&#160;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="Narr_O1RW4OZn-0KjY6rru5LY4w"><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></ix:nonNumeric><span style="font-size:11pt;"> Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="Narr_LCGigG6adUiMNm0CGoSZ-g"><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></ix:nonNumeric><span style="font-size:11pt;"> Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="Narr_ygRefXxkl0CiAiNh3iEEuQ"><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></ix:nonNumeric><span style="font-size:11pt;"> Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act (17 CFR 240.14d-2(b))</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:5pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="Narr_Bf8h6yFwvUmd9ieg1QymzA"><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></ix:nonNumeric><span style="font-size:11pt;"> Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act (17 CFR 240.13e-4(c))</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:11pt;">Securities registered pursuant to Section 12(b) of the Act:</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><a id="_b143d777_118d_4e4f_b954_ffaf35ba7e8e"></a><a id="Tc_-TZ1iLlcr0eqDLQ9xTVVJg_0_0"></a><a id="Tc_Jwsj-4kKC0m6OPJRSrZH0w_0_2"></a><a id="Tc_9hUPPfP_a0q62EKDBmvhlA_0_4"></a><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr><td style="vertical-align:top;width:31.22%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Title&#160;of&#160;each&#160;class:</b></p></td><td style="vertical-align:top;width:1.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:top;width:26.43%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Trading&#160;Symbol</b></p></td><td style="vertical-align:top;width:1.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">&#160;&#160;&#160;&#160;</b></p></td><td style="vertical-align:top;width:39.03%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Name&#160;of&#160;each&#160;exchange&#160;on&#160;which&#160;registered:</b></p></td></tr><tr><td style="vertical-align:top;width:31.22%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:Security12bTitle" id="Tc_y26VXG8Pu0u4niIeuGahHw_1_0">Common Stock, $0.001 par value</ix:nonNumeric></p></td><td style="vertical-align:top;width:1.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:26.43%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" name="dei:TradingSymbol" id="Tc_eJ8TvTlOBUW7QyYi2VDDlA_1_2">AXTI</ix:nonNumeric></p></td><td style="vertical-align:top;width:1.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:39.03%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="Tc_VoMvyMhYqkmCMYufNz1LkA_1_4">The NASDAQ Stock Market LLC</ix:nonNumeric></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:11pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:11pt;">Emerging growth company </span><ix:nonNumeric contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_O49oJGZg90GCNacILkBQoQ"><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></ix:nonNumeric></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:11pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="font-family:'Segoe UI Symbol';font-size:11pt;">&#9744;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:6pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p><p style="display:none;font-family:'Times New Roman','Times','serif';line-height:0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><a id="_Hlk135210201"></a><a id="_10690cab_e4d5_4811_8524_22925523f0e8"></a><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">(e) As noted below, on May 16, 2024, the stockholders of AXT, Inc. (the &#8220;Company&#8221;) approved an amendment to the AXT, Inc. 2015 Equity Incentive Plan (the &#8220;2015 Plan&#8221;) to increase the number of shares reserved for issuance thereunder by 3,600,000 shares. The amendment to the 2015 Plan is described in more detail in the Company&#8217;s 2024 Proxy Statement (the &#8220;Proxy Statement&#8221;), which was filed with the Securities and Exchange Commission on April 5, 2024.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The foregoing description and the summary contained in Proxy Statement do not purport to be complete and are qualified in their entirety by reference to the full text of the 2015 Plan, as amended, which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;margin:0pt;"><span style="font-size:10pt;font-weight:normal;letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">Item 5.07.  Submission of Matters to a Vote of Security Holders</b>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:12pt 0pt 0pt 0pt;"><span style="white-space:pre-wrap;">The Company held its Annual Meeting of Stockholders (&#8220;Annual Meeting&#8221;) on May 16, 2024.  The matters voted upon at the Annual Meeting </span><span style="background:#ffffff;">and the </span>results of such voting <span style="background:#ffffff;">are set forth below</span>:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:12pt 0pt 0pt 0pt;">Proposal 1: Election of one (1) Class II director to hold office for a three-year term and until his successor is elected and qualified:</p><div style="padding-left:0.9pt;"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:89.7%;"><tr><td style="vertical-align:top;width:24.8%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Name of Director</p></td><td style="vertical-align:top;width:16.53%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">For</p></td><td style="vertical-align:top;width:13.17%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">%</p></td><td style="vertical-align:top;width:14.47%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Withheld</p></td><td style="vertical-align:top;width:11.37%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">%</p></td><td style="vertical-align:top;width:19.63%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Broker Non-Votes</p></td></tr><tr style="height:13.9pt;"><td style="vertical-align:top;width:24.8%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Dutch Roman 12pt';font-size:10pt;font-weight:bold;margin:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-weight:normal;">Jesse Chen</span></p></td><td style="vertical-align:top;width:16.53%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">23,080,644</p></td><td style="vertical-align:top;width:13.17%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">88.23%</p></td><td style="vertical-align:top;width:14.47%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">3,080,165</p></td><td style="vertical-align:top;width:11.37%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">11.77%</p></td><td style="vertical-align:top;width:19.63%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">7,042,413</p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:12pt 0pt 0pt 0pt;">Jesse Chen was duly elected by the stockholders as the Class II director to hold office for a three-year term and until his successor is elected and qualified.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:12pt 0pt 0pt 0pt;">Proposal 2: Advisory vote on executive compensation:</p><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:89.01%;"><tr><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">For</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Against</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Abstain</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Broker Non-Votes</p></td></tr><tr><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">24,199,205</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">1,214,339</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">747,265</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">7,042,413</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:12pt 0pt 0pt 0pt;">The compensation of the Company&#8217;s named executive officers, as disclosed in the <span style="background:#ffffff;">Proxy Statement</span>, was approved by the stockholders on an advisory basis.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Proposal 3: Approval of an amendment to the 2015 Plan:</p><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:89.01%;"><tr><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">For</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Against</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Abstain</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Broker Non-Votes</p></td></tr><tr><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">16,074,438</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">9,040,408</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">1,045,963</p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">7,042,413</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">The amendment to the 2015 Plan was approved.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Proposal 4: Ratification of the appointment of BPM LLP (&#8220;BPM&#8221;) as the Company&#8217;s independent registered public accounting firm for the fiscal year ending December 31, 2024:</p><div style="padding-left:0.9pt;"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:66.76%;"><tr><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">For</p></td><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Against</p></td><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Abstain</p></td></tr><tr><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">31,630,895</p></td><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">1,539,280</p></td><td style="vertical-align:top;width:33.33%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">33,047</p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:7.94pt 0pt 0pt 0pt;">The appointment of BPM as the Company&#8217;s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by the stockholders.</p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-weight:bold;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;table-layout:auto;width:100%;"><tr><td style="vertical-align:top;width:8.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Item 9.01</b></p></td><td style="vertical-align:top;width:91.03%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">Financial Statements and Exhibits.</b></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:6pt 0pt 0pt 0pt;">(d) Exhibits. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;table-layout:auto;width:100%;"><tr><td style="vertical-align:middle;width:7.02%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">Exhibit</b><b style="font-weight:bold;"><br/></b><b style="font-weight:bold;">No.</b></p></td><td style="vertical-align:bottom;width:2.99%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">&#160;&#160;&#160;&#160;</p></td><td style="vertical-align:bottom;width:89.97%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Description</b></p></td></tr><tr><td style="vertical-align:middle;width:7.02%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:89.97%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:top;width:7.02%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">10.1*</p></td><td style="vertical-align:bottom;width:2.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:89.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><a style="-sec-extract:exhibit;font-family:&quot;'Times New Roman','Times','serif'&quot;;" href="axti-20240516xex10d1.htm"><span style="font-family:'Times New Roman','Times','serif';font-style:normal;font-weight:normal;">2015 Equity Incentive Plan, as amended</span></a></p></td></tr><tr><td style="vertical-align:top;width:7.02%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">104</p></td><td style="vertical-align:bottom;width:2.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:89.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="background:#ffffff;">Cover Page Interactive Data File (formatted as inline XBRL)</span></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">* Management contract or compensatory plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:79.3%;border:0;margin:30pt 10.35% 30pt 10.35%;"></div><div style="max-width:100%;padding-left:10.35%;padding-right:10.35%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">SIGNATURES</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:37.05pt;margin:0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0.7pt;padding-right:0.7pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:4.65%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:47.75%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:30.24%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:top;width:17.33%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr><td style="vertical-align:top;width:4.65%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.75%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:47.58%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">AXT, INC.</b></p></td></tr><tr><td style="vertical-align:top;width:4.65%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;">  </span><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.75%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:12pt;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:47.58%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:top;width:4.65%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;">Date:</span></p></td><td style="vertical-align:top;width:47.75%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 5pt 0pt 0pt;"><span style="letter-spacing:-0.1pt;">May</span> 20, <span style="white-space:pre-wrap;">2024                                                             </span><span style="letter-spacing:-0.1pt;">By:</span></p></td><td style="vertical-align:top;width:30.24%;border-bottom:1px solid #000000;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;">/s/ Gary L. Fischer</span></p></td><td style="vertical-align:top;width:17.33%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td></tr><tr style="height:0pt;visibility:hidden;"><td colspan="4" style="padding:0pt;"/></tr><tr><td style="vertical-align:top;width:4.65%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:47.75%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="letter-spacing:-0.1pt;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:top;width:47.58%;margin:0pt;padding:0pt 0.69pt 0pt 0.69pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;">Gary L. Fischer</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="letter-spacing:-0.1pt;">Chief Financial Officer and Corporate Secretary</span></p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:36pt;text-indent:-36pt;margin:0pt;"><span style="font-size:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:12pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:0pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;margin-left:10.35%;margin-right:10.35%;margin-top:30pt;page-break-after:avoid;width:79.3%;border:0;"></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>axti-20240516xex10d1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge  10.6.125.0--><!--Created on: 5/20/2024 04:15:49 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">EXHIBIT 10.1</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">APPENDIX A: AXT 2015 EQUITY PLAN</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">AXT, INC.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">2015 EQUITY INCENTIVE PLAN</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">1.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Purposes of the Plan</u>. The purposes of this Plan are:</p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:72pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">&#9679;</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">to attract and retain the best available personnel for positions of substantial responsibility,</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:72pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">&#9679;</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">to provide additional incentive to Employees, Directors and Consultants,</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:72pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">&#9679;</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">to promote the success of the Company&#8217;s business, and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:72pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">&#9679;</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">to replace the Company&#8217;s 2007 Equity Incentive Plan.</font></td></tr></table><div style="margin-top:12pt;"></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">The Plan permits the grant of Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, At-Risk, Performance Shares and other stock or cash awards as the Administrator may determine.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">2.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Definitions</u>. As used herein, the following definitions will apply:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Administrator</u>&#8221; means the Board or any of its Committees that will be administering the Plan, in accordance with Section&#160;4 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Affiliate</u>&#8221; means (i) an entity, other than a Parent, that directly, or indirectly through one or more intermediary entities, controls the Company or (ii) an entity, other than a Subsidiary, that is controlled by the Company directly, or indirectly through one or more intermediary entities. &#160;For this purpose, the term &#8220;control&#8221; (including the term &#8220;controlled by&#8221;) means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of the relevant entity, whether through the ownership of voting securities, by contract or otherwise; or shall have such other meaning assigned to such term for the purposes of registration on Form S-8 under the Securities Act.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Applicable Laws</u>&#8221; means the legal and regulatory requirements relating to the administration of equity-based awards, including but not limited to U.S. federal and state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any non-U.S. country or jurisdiction where Awards are, or will be, granted under the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font>&#8220;At-Risk, <u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Share</u>&#8221; means an Award denominated in Shares which may be earned in whole or in part upon attainment of Performance Goals or other vesting criteria as the Administrator may determine pursuant to Section 10.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Award</u>&#8221; means, individually or collectively, a grant under the Plan of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units, At-Risk, Performance Shares and other stock or cash awards as the Administrator may determine.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(f)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Award Agreement</u>&#8221; means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. &#160;The Award Agreement is subject to the terms and conditions of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(g)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Board</u>&#8221; means the Board of Directors of the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(h)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Change in Control</u>&#8221; means the occurrence of any of the following events:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font>A change in the ownership of the Company which occurs on the date that any one person, or more than one person acting as a group (&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Person</u>&#8221;), acquires ownership of the stock of the Company that, together with the stock held by such Person, constitutes more than fifty percent (50%)&#160;of the total voting power of the stock of the Company; provided, however, that for purposes of this subsection, the acquisition of additional stock by any one Person, who is considered to own more than fifty percent (50%)&#160;of the total voting power of the stock of the Company will not be considered a Change in Control; provided, however, that for purposes of this clause (i), (1) the acquisition of beneficial ownership of additional stock by any one Person who is considered to beneficially own more than fifty percent (50%) of the total voting power of the stock of the Company will not be considered a Change in Control; and (2) if the stockholders of the Company immediately before such change in ownership continue to retain immediately after the change in ownership, in substantially the same proportions as their ownership of shares of the Company&#8217;s voting stock immediately prior to the change in ownership, direct or indirect beneficial ownership of fifty percent (50%) or more of the total voting power of the stock of the Company or of the ultimate parent entity of the Company, such event will not be considered a Change in Control under this clause (i). For this purpose, indirect beneficial ownership will include, without limitation, an interest resulting from ownership of the voting securities of one or more corporations or other business entities which own the Company, as the case may be, either directly or through one or more subsidiary corporations or other business entities; or</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font>A change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any twelve (12)&#160;month period by Directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election. &#160;For purposes of this clause (ii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change in Control; or</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font>A change in the ownership of a substantial portion of the Company&#8217;s assets which occurs on the date that any Person acquires (or has acquired during the twelve (12)&#160;month period ending on the date of the most recent acquisition by such person or persons)&#160;assets from the Company that have a total gross fair market value equal to or more than fifty percent (50%)&#160;of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions; provided, however, that for purposes of this subsection (iii), the following will not constitute a change in the ownership of a substantial portion of the Company&#8217;s assets: (A)&#160;a transfer to an entity that is controlled by the Company&#8217;s stockholders immediately after the transfer, or (B)&#160;a transfer of assets by the Company to: (1)&#160;a stockholder of the Company (immediately before the asset transfer)&#160;in exchange for or with respect to the Company&#8217;s stock, (2)&#160;an entity, fifty percent (50%)&#160;or more of the total value or voting power of which is owned, directly or indirectly, by the Company, (3)&#160;a Person, that owns, directly or indirectly, fifty percent (50%)&#160;or more of the total value or voting power of all the outstanding stock of the Company, or (4)&#160;an entity, at least fifty percent (50%)&#160;of the total value or voting power of which is owned, directly or indirectly, by a Person described in this subsection (iii)(B)(3). &#160;For purposes of this subsection (iii), gross fair market value means the value of the assets of the Company, or the value of the assets being disposed of, determined without regard to any liabilities associated with such assets.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">For purposes of this definition, persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">Notwithstanding the foregoing, a transaction will not be deemed a Change in Control unless the transaction qualifies as a change in control event within the meaning of Code Section&#160;409A.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">Further and for the avoidance of doubt, a transaction will not constitute a Change in Control if: (i)&#160;its sole purpose is to change the state of the Company&#8217;s incorporation, or (ii)&#160;its sole purpose is to create a holding company that will be owned in substantially the same proportions by the persons who held the Company&#8217;s securities immediately before such transaction.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(i)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Code</u>&#8221; means the U.S. Internal Revenue Code of 1986, as amended. &#160;Reference to a section of the Code or regulation thereunder will include such section or regulation, any valid regulation promulgated under such section, and any comparable provision of any future legislation or regulation amending supplementing or superseding such section or regulation.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-2-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(j)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Committee</u>&#8221; means a committee of Directors or of other individuals satisfying Applicable Laws appointed by the Board or a duly authorized committee of the Board, in accordance with Section&#160;4 hereof.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(k)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Common Stock</u>&#8221; means the common stock of the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(l)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Company</u>&#8221; means AXT, Inc., a Delaware corporation, or any successor thereto.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(m)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Consultant</u>&#8221; means any natural person, including an advisor, engaged by the Company or a Parent, Affiliate or Subsidiary to render bona fide services to such entity, provided the services: (i) are not in connection with the offer or sale of securities in a capital-raising transaction, and (ii) do not directly promote or maintain a market for the Company&#8217;s securities, in each case, within the meaning of Form S-8 promulgated under the Securities Act, and provided, further, that a Consultant will include only those persons to whom the issuance of Shares may be registered under Form S-8 promulgated under the Securities Act.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(n)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Determination Date</u>&#8221; means the latest possible date that will not jeopardize the qualification of an Award granted under the Plan as &#8220;performance-based compensation&#8221; under Section 162(m) of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(o)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Director</u>&#8221; means a member of the Board.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(p)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Disability</u>&#8221; means total and permanent disability as defined in Section&#160;22(e)(3) of the Code, provided that in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time to time.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(q)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dividend Equivalent</u>&#8221; means a credit, payable in cash or Shares, made at the discretion of the Administrator or as otherwise provided by the Plan, to the account of a Participant in an amount equal to the cash dividends paid on one Share for each Share represented by an Award held by such Participant. &#160;Dividend Equivalents may be subject to the same vesting restrictions as the related Shares subject to an Award, at the discretion of the Administrator.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(r)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Employee</u>&#8221; means any person, including Officers and Directors, providing services as an employee of the Company or of any Parent, Affiliate or Subsidiary. &#160;Neither service as a Director nor payment of a director&#8217;s fee by the Company will be sufficient to constitute &#8220;employment&#8221; by the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(s)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exchange Act</u>&#8221; means the U.S. Securities Exchange Act of 1934, as amended.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(t)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exchange Program</u>&#8221; means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for awards of the same type (which may have higher or lower exercise prices and different terms), awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is increased or reduced. &#160;The Administrator may not implement an Exchange Program.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(u)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Fair Market Value</u>&#8221; means, as of any date, the value of Common Stock determined as follows:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font>If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the NASDAQ Global Select Market, the NASDAQ Global Market or the NASDAQ Capital Market of The NASDAQ Stock Market, its Fair Market Value will be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on the day of determination, as reported in <i style="font-style:italic;">The Wall Street Journal</i> or such other source as the Administrator deems reliable;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font>If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share will be the mean between the high bid and low asked prices for the Common Stock on the date of determination (or, if no bids and asks were reported on that date, as applicable, on the</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-3-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">last trading date such bids and asks were reported), as reported in <i style="font-style:italic;">The Wall Street Journal</i> or such other source as the Administrator deems reliable; or</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font>In the absence of an established market for the Common Stock, the Fair Market Value will be determined in good faith by the Administrator.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(v)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Fiscal Year</u>&#8221; means the fiscal year of the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(w)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Full Value Award</u>&#8221; means any Award granted with a per Share exercise price less than the Fair Market Value per Share on the date of grant of such Award.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(x)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Incentive Stock Option</u>&#8221; means an Option that by its terms qualifies and is otherwise intended to qualify as an incentive stock option within the meaning of Section&#160;422 of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(y)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Inside Director</u>&#8221; means a Director who is an Employee.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(z)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Nonstatutory Stock Option</u>&#8221; means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(aa)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Officer</u>&#8221; means a person who is an officer of the Company within the meaning of Section&#160;16 of the Exchange Act and the rules and regulations promulgated thereunder.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(bb)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Option</u>&#8221; means a stock option granted pursuant to the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(cc)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Outside Director</u>&#8221; means a Director who is not an Employee.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(dd)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Parent</u>&#8221; means a &#8220;parent corporation,&#8221; whether now or hereafter existing, as defined in Section&#160;424(e) of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(ee)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Participant</u>&#8221; means the holder of an outstanding Award.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(ff)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Goals</u>&#8221; will have the meaning set forth in Section 12 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(gg)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Period</u>&#8221; means the time period of any Fiscal Year of the Company or such other period as determined by the Administrator in its sole discretion.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(hh)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Unit</u>&#8221; means an Award which may be earned in whole or in part upon attainment of Performance Goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing &#160;pursuant to Section 10.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(ii)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Period of Restriction</u>&#8221; means the period during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. &#160;Such restrictions may be based on the passage of time, continued service, the achievement of target levels of performance, the achievement of Performance Goals, or the occurrence of other events as determined by the Administrator.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(jj)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Plan</u>&#8221; means this 2015 Equity Incentive Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(kk)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Restricted Stock</u>&#8221; means Shares issued pursuant to a Restricted Stock award under Section&#160;7 of the Plan, or issued pursuant to the early exercise of an Option.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(ll)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Restricted Stock Unit</u>&#8221; means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section&#160;8. &#160;Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-4-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(mm)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Rule 16b-3</u>&#8221; means Rule 16b-3 of the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised with respect to the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(nn)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section&#160;16(b)</u>&#8221; means Section&#160;16(b) of the Exchange Act.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(oo)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Securities Act</u>&#8221; means the U.S. Securities Act of 1933, as amended.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(pp)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Service Provider</u>&#8221; means an Employee, Director or Consultant.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(qq)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Share</u>&#8221; means a share of the Common Stock, as adjusted in accordance with Section&#160;16 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(rr)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock Appreciation Right</u>&#8221; means an Award, granted alone or in connection with an Option, that pursuant to Section&#160;9 is designated as a Stock Appreciation Right.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(ss)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Subsidiary</u>&#8221; means a &#8220;subsidiary corporation&#8221;, whether now or hereafter exist&#173;ing, as defined in Section&#160;424(f) of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(tt)</font></font>&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Successor Corporation</u>&#8221; has the meaning given to such term in Section 16(c) of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">3.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock&#160;Subject&#160;to&#160;the&#160;Plan</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock&#160;Subject&#160;to&#160;the&#160;Plan</u>. &#160;Subject to the provisions of Section&#160;16 of the Plan, the maximum aggregate number of Shares that may be awarded and sold under the Plan is 11,800,000&#160;Shares, plus (i)&#160;any Shares that, as of the date this Plan becomes effective, have been reserved but not issued pursuant to any awards granted under the Company&#8217;s 2007&#160;Equity Incentive Plan (the &#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Existing Plan</u>&#8221;) and are not subject to any awards granted thereunder, and (ii)&#160;any Shares subject to stock options or other awards granted under the Existing Plan that, on or after the date this Plan becomes effective, expire or otherwise terminate without having been exercised in full and Shares issued pursuant to awards granted under the Existing Plan that are forfeited to or repurchased by the Company, with the maximum number of Shares to be added to the Plan pursuant to the foregoing clauses (i) and (ii) equal to 3,940,455. &#160;The Shares may be authorized, but unissued, or reacquired Common Stock.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Full Value Awards</u>. &#160;Any Shares subject to Full Value Awards will be counted against the numerical limits of this Section 3 as one and one-half Shares for every one (1) Share subject thereto. &#160;Further, if Shares acquired pursuant to any Full Value Award are forfeited or repurchased by the Company and otherwise would return to the Plan pursuant to Section 3(c), one and one-half times the number of Shares so forfeited or repurchased will return to the Plan and will become available again for issuance. &#160;For purposes of clarity, if Shares subject to any awards granted under the Existing Plan with a per share exercise price less than the fair market value of the underlying share on the date of grant are forfeited to or repurchased by the Company and otherwise would return to the Plan as set forth in Section&#160;3(a), such Shares will return to the Plan and will become available again for issuance at the same rate at which such Shares previously had reduced the Shares available for issuance under the Existing Plan (for example, a restricted stock award that had reduced the Existing Plan&#8217;s share reserve by two Shares for each one Share actually subject to the award that is forfeited to the Company, will increase the Shares available for issuance under the Plan by two&#160;Shares for each one Share actually forfeited).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Lapsed Awards</u>. &#160;If an Award expires or becomes unexercisable without having been exercised in full, or, with respect to Restricted Stock, Restricted Stock Units, Performance Units or At-Risk, Performance Shares, is forfeited to or repurchased by the Company, the unpurchased Shares (or for Awards other than Options or Stock Appreciation Rights the forfeited or repurchased Shares) which were subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated). &#160;With respect to Stock Appreciation Rights, all of the Shares covered by the Award (that is, Shares actually issued pursuant to a Stock Appreciation Right, as well as the Shares that represent payment of the exercise price) will cease to be available under the Plan. &#160;Shares that actually have been issued under the Plan under any Award will not be returned to the Plan and will not become available for future distribution under the Plan; provided, however, that if Shares issued pursuant to Awards of Restricted Stock, Restricted Stock Units, At-Risk, Performance Shares or Performance Units are repurchased by the Company or are</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-5-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">forfeited to the Company, such Shares will become available for future grant under the Plan. &#160;Shares used to pay the exercise price of an Award or to satisfy the tax withholding obligations related to an Award will not become available for future grant or sale under the Plan. &#160;To the extent an Award under the Plan is paid out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under the Plan. &#160;Notwithstanding the foregoing and, subject to adjustment as provided in Section&#160;16, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options will equal the aggregate Share number stated in Section&#160;3(a), plus, to the extent allowable under Section 422 of the Code, any Shares that become available for issuance under the Plan pursuant to Section 3(c).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Share Reserve</u>. The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as will be sufficient to satisfy the requirements of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">4.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Administration of the Plan</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Procedure</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Multiple Administrative Bodies</u>. Different Committees with respect to different groups of Service Providers may administer the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section&#160;162(m)</u>. To the extent that the Administrator determines it to be desirable to qualify Awards granted hereunder as &#8220;performance-based compensation&#8221; within the meaning of Section&#160;162(m) of the Code, the Plan will be administered by a Committee of two (2) or more &#8220;outside directors&#8221; within the meaning of Section&#160;162(m) of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Rule 16b-3</u>. To the extent desirable to qualify transactions hereunder as exempt under Rule 16b-3, the transactions contemplated hereunder will be structured to satisfy the requirements for exemption under Rule 16b-3.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iv)<font style="display:inline-block;width:21.56pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Other Administration</u>. Other than as provided above, the Plan will be administered by (A) the Board, or (B) a Committee, which committee will be constituted to satisfy Applicable Laws.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(v)<font style="display:inline-block;width:24.34pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Delegation of Authority for Day-to-Day Administration</u>. Except to the extent prohibited by Applicable Law, the Administrator may delegate to one or more individuals the day-to-day administration of the Plan and any of the functions assigned to it in this Plan. Such delegation may be revoked at any time.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Powers of the Administrator</u>. Subject to the provisions of the Plan, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font>to determine the Fair Market Value;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font>to select the Service Providers to whom Awards may be granted hereunder;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font>to determine the number of Shares to be covered by each Award granted hereunder;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iv)<font style="display:inline-block;width:21.56pt;"></font>to approve forms of Award Agreements for use under the Plan;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(v)<font style="display:inline-block;width:24.34pt;"></font>to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder. &#160;Such terms and conditions include, but are not limited to, the exercise price, the time or times when Awards may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction or limitation regarding any Award or the Shares relating thereto, based in each case on such factors as the Administrator will determine;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(vi)<font style="display:inline-block;width:21.56pt;"></font>to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-6-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(vii)<font style="display:inline-block;width:18.78pt;"></font>to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to sub-plans established for the purpose of satisfying applicable foreign laws or for qualifying for favorable tax treatment under applicable foreign laws;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(viii)<font style="display:inline-block;width:16pt;"></font>to modify or amend each Award (subject to Section&#160;21(c) of the Plan), including, but not limited to, the discretionary authority to extend the post-termination exercisability period of Awards and to extend the maximum term of an Option (subject to Section 6(c) of the Plan regarding Incentive Stock Options);</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ix)<font style="display:inline-block;width:21.56pt;"></font>to allow Participants to satisfy tax withholding obligations in such manner as prescribed in Section 17 of the Plan;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(x)<font style="display:inline-block;width:24.34pt;"></font>to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by the Administrator;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(xi)<font style="display:inline-block;width:21.56pt;"></font>to determine whether Awards (other than Options and Stock Appreciation Rights) will be adjusted for Dividend Equivalents;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(xii)<font style="display:inline-block;width:18.78pt;"></font>to allow a Participant to defer the receipt of the payment of cash or the delivery of Shares that otherwise would be due to such Participant under an Award pursuant to such procedures as the Administrator may determine;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(xiii)<font style="display:inline-block;width:16pt;"></font>to impose such restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any resales by a Participant or other subsequent transfers by the Participant of any Shares issued as a result of or under an Award, including without limitation, (A)&#160;restrictions under an insider trading policy, and (B)&#160;restrictions as to the use of a specified brokerage firm for such resales or other transfers;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(xiv)<font style="display:inline-block;width:16.56pt;"></font>to require that Participant&#8217;s rights, payments and benefits with respect to an Award (including amounts received upon the settlement or exercise of an Award) will be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award, as may be specified in an Award Agreement at the time of the Award, or later if (A)&#160;Applicable Laws require the Company to adopt a policy requiring such reduction, cancellation, forfeiture or recoupment, or (B)&#160;pursuant to an amendment of an outstanding Award; and</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(xv)<font style="display:inline-block;width:19.34pt;"></font>to make all other determinations deemed necessary or advisable for administering the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exchange Program</u>. The Administrator may not institute an Exchange Program.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Effect of Administrator&#8217;s Decision</u>. The Administrator&#8217;s decisions, determinations and interpretations will be final and binding on all Participants and any other holders of Awards and will be given the maximum deference permitted by law.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">5.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Eligibility</u>. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, At-Risk, Performance Shares, Performance Units and such other cash or stock awards as the Administrator determines may be granted to Service Providers. &#160;Incentive Stock Options may be granted only to Employees of the Company or any Parent or Subsidiary.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">6.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock Options</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Limitations</u>. Each Option will be designated in the Award Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. &#160;However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are exercisable for the first time by the Participant during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds one hundred thousand dollars ($100,000), the portion of the Options falling within such limit will be Incentive Stock Options and the excess Options will be treated as Nonstatutory Stock Options. &#160;For purposes of this Section&#160;6(a),</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-7-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Incentive Stock Options will be taken into account in the order in which they were granted. &#160;The Fair Market Value of the Shares will be determined as of the time the Option with respect to such Shares is granted.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Number of Shares</u>. The Administrator will have complete discretion to determine the number of Shares subject to Options granted to any Participant, provided that during any Fiscal Year, no Participant will be granted Options covering more than 500,000 Shares. &#160;Notwithstanding the foregoing limitation, in connection with a Participant&#8217;s initial service as an Employee, an Employee may be granted Options covering up to an additional 500,000 Shares.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Term of Option</u>. The Administrator will determine the term of each Option in its sole discretion; provided, however, that the term will be no more than ten&#160;(10) years from the date of grant thereof. &#160;Moreover, in the case of an Incentive Stock Option granted to a Participant who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option will be five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Option Exercise Price and Consideration</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exercise Price</u>. The per share exercise price for the Shares to be issued pursuant to exercise of an Option will be determined by the Administrator, but will be no less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant. &#160;In addition, in the case of an Incentive Stock Option granted to an Employee of the Company or any Parent or Subsidiary who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share exercise price will be no less than one hundred ten percent (110%) of the Fair Market Value per Share on the date of grant. &#160;Notwithstanding the foregoing, Options may be granted with a per Share exercise price of less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section&#160;424(a) of the Code.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Waiting Period and Exercise Dates</u>. At the time an Option is granted, the Administrator will fix the period within which the Option may be exercised and will determine any conditions that must be satisfied before the Option may be exercised.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Form of Consideration</u>. The Administrator will determine the acceptable form of consideration for exercising an Option, including the method of payment. &#160;In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. &#160;The acceptable form of consideration for exercising an Option may consist entirely of: (1) cash; (2) check; (3) promissory note, to the extent permitted by Applicable Laws, (4) other Shares, provided that such Shares have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option will be exercised and provided that accepting such Shares will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; (5) consideration received by the Company under a broker-assisted (or other) cashless exercise program implemented by the Company in connection with the Plan; (6) by net exercise; (7)&#160;such other consideration and method of payment for the issuance of Shares to the extent permitted by Applicable Laws; or (8)&#160;any combination of the foregoing methods of payment.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exercise of Option</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Procedure for Exercise; Rights as a Stockholder</u>. Any Option granted hereunder will vest and be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement. &#160;An Option may not be exercised for a fraction of a Share.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">An Option will be deemed exercised when the Company receives: (i)&#160;notice of exercise (in such form as the Administrator may specify from time to time) from the person entitled to exercise the Option, and (ii)&#160;full payment for the Shares with respect to which the Option is exercised (together with applicable withholding taxes). &#160;Full payment may consist of any consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. &#160;Shares issued upon exercise of an Option will be issued in the name of</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-8-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">the Participant or, if requested by the Participant, in the name of the Participant and his or her spouse. &#160;Until the Shares are issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder will exist with respect to the Shares subject to an Option, notwithstanding the exercise of the Option. &#160;The Company will issue (or cause to be issued) such Shares promptly after the Option is exercised. &#160;No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section&#160;16 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">Exercising an Option in any manner will decrease the number of Shares thereafter available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Termination of Relationship as a Service Provider</u>. If a Participant ceases to be a Service Provider, other than upon the Participant&#8217;s termination as the result of the Participant&#8217;s death or Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). &#160;In the absence of a specified time in the Award Agreement, the Option will remain exercisable for three (3) months following the Participant&#8217;s termination. &#160;Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan. &#160;If after termination the Participant does not exercise his or her Option within the time specified by the Administrator, the Option will terminate, and the Shares covered by such Option will revert to the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iii)<font style="display:inline-block;width:21pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Disability of Participant</u>. If a Participant ceases to be a Service Provider as a result of the Participant&#8217;s Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). &#160;In the absence of a specified time in the Award Agreement, the Option will remain exercisable for twelve (12) months following the Participant&#8217;s termination. &#160;Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan. &#160;If after termination the Participant does not exercise his or her Option within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(iv)<font style="display:inline-block;width:21.56pt;"></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Death of Participant</u>. If a Participant dies while a Service Provider, the Option may be exercised following the Participant&#8217;s death within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of death (but in no event may the option be exercised later than the expiration of the term of such Option as set forth in the Award Agreement), by the Participant&#8217;s designated beneficiary, provided such beneficiary has been designated prior to Participant&#8217;s death in a form acceptable to the Administrator. &#160;If no such beneficiary has been designated by the Participant, then such Option may be exercised by the personal representative of the Participant&#8217;s estate or by the person(s) to whom the Option is transferred pursuant to the Participant&#8217;s will or in accordance with the laws of descent and distribution. &#160;In the absence of a specified time in the Award Agreement, the Option will remain exercisable for twelve (12) months following Participant&#8217;s death. &#160;Unless otherwise provided by the Administrator, if at the time of death Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan. &#160;If the Option is not so exercised within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">7.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Restricted Stock</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Grant of Restricted Stock</u>. Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to time, may grant Shares of Restricted Stock to Service Providers in such amounts as the Administrator, in its sole discretion, will determine.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Restricted Stock Agreement</u>. Each Award of Restricted Stock will be evidenced by an Award Agreement that will specify the Period of Restriction (if any), the number of Shares granted, and such other terms and conditions as the Administrator, in its sole discretion, will determine. &#160;Notwithstanding the foregoing sentence, for Restricted Stock intended to qualify as &#8220;performance-based compensation&#8221; within the meaning of Section 162(m) of the Code, during any Fiscal Year no Participant will receive more than an aggregate of 300,000 Shares of Restricted Stock; provided, however, that in connection with a Participant&#8217;s initial service as an Employee, an Employee may be granted</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-9-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">an aggregate of up to an additional 300,000 Shares of Restricted Stock. &#160;Unless the Administrator determines otherwise, the Company as escrow agent will hold Shares of Restricted Stock until the restrictions on such Shares have lapsed.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Transferability</u>. &#160;Except as provided in this Section 7 or the Award Agreement, Shares of Restricted Stock may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period of Restriction.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Other Restrictions</u>. &#160;The Administrator, in its sole discretion, may impose such other restrictions on Shares of Restricted Stock as it may deem advisable or appropriate.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Removal of Restrictions</u>. &#160;Except as otherwise provided in this Section 7, Shares of Restricted Stock covered by each Restricted Stock grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction or at such other time as the Administrator may determine. &#160;The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(f)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Voting Rights</u>. &#160;During the Period of Restriction, Service Providers holding Shares of Restricted Stock granted hereunder may exercise full voting rights with respect to those Shares, unless the Administrator determines otherwise.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(g)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dividends and Other Distributions</u>. &#160;During the Period of Restriction, Service Providers holding Shares of Restricted Stock will be entitled to receive all dividends and other distributions paid with respect to such Shares, unless the Administrator provides otherwise. &#160;If any such dividends or distributions are paid in Shares, the Shares will be subject to the same restrictions on transferability and forfeitability as the Shares of Restricted Stock with respect to which they were paid.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(h)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Return of Restricted Stock to Company</u>. &#160;On the date set forth in the Award Agreement, the Restricted Stock for which restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(i)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section 162(m) Performance Restrictions</u>. &#160;For purposes of qualifying grants of Restricted Stock as &#8220;performance-based compensation&#8221; under Section 162(m) of the Code, the Administrator, in its discretion, may set restrictions based upon the achievement of Performance Goals. &#160;The Performance Goals will be set by the Administrator on or before the Determination Date. &#160;In granting Restricted Stock which is intended to qualify under Section 162(m) of the Code, the Administrator will follow any procedures determined by it from time to time to be necessary or appropriate to ensure qualification of the Award under Section 162(m) of the Code (e.g., in determining the Performance Goals).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">8.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Restricted Stock Units</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Grant</u>. &#160;Restricted Stock Units may be granted at any time and from time to time as determined by the Administrator. &#160;Each Restricted Stock Unit grant will be evidenced by an Award Agreement that will specify such other terms and conditions as the Administrator, in its sole discretion, will determine, including all terms, conditions, and restrictions related to the grant, the number of Restricted Stock Units and the form of payout, which, subject to Section&#160;8(d), may be left to the discretion of the Administrator. &#160;Notwithstanding anything to the contrary in this subsection (a), for Restricted Stock Units intended to qualify as &#8220;performance-based compensation&#8221; within the meaning of Section 162(m) of the Code, during any Fiscal Year of the Company, no Participant will receive more than an aggregate of 300,000&#160;Restricted Stock Units; provided, however, that in connection with a Participant&#8217;s initial service as an Employee, an Employee may be granted an aggregate of up to an additional 300,000&#160;Restricted Stock Units.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Vesting Criteria and Other Terms</u>. &#160;The Administrator will set vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant. &#160;Each Award of Restricted Stock Units will be evidenced by an Award Agreement that will specify the vesting criteria, and such other terms and conditions as the Administrator, in its sole discretion, will determine.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-10-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Earning Restricted Stock Units</u>. Upon meeting the applicable vesting criteria, the Participant will be entitled to receive a payout as specified in the Award Agreement. The Administrator may set vesting criteria based upon the achievement of Company-wide, divisional, business unit, or individual goals (including, but not limited to, continued employment or service), applicable federal or state securities laws or any other basis determined by the Administrator in its discretion. Notwithstanding the foregoing, at any time after the grant of Restricted Stock Units, the Administrator, in its sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Form and Timing of Payment</u>. Payment of earned Restricted Stock Units will be made as soon as practicable after the date(s) determined by the Administrator and set forth in the Award Agreement. The Administrator, in its sole discretion, may pay earned Restricted Stock Units in cash, Shares, or a combination of both. Shares represented by Restricted Stock Units that are fully paid in cash again will be available for grant under the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Cancellation</u>. On the date set forth in the Award Agreement, all unearned Restricted Stock Units will be forfeited to the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(f)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section 162(m) Performance Restrictions</u>. For purposes of qualifying grants of Restricted Stock Units as &#8220;performance-based compensation&#8221; under Section 162(m) of the Code, the Administrator, in its discretion, may set restrictions based upon the achievement of Performance Goals. The Performance Goals will be set by the Administrator on or before the Determination Date. In granting Restricted Stock Units which are intended to qualify under Section 162(m) of the Code, the Administrator will follow any procedures determined by it from time to time to be necessary or appropriate to ensure qualification of the Award under Section 162(m) of the Code (e.g., in determining the Performance Goals).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">9.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock Appreciation Rights</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Grant of Stock Appreciation Rights</u>. Subject to the terms and conditions of the Plan, a Stock Appreciation Right may be granted to Service Providers at any time and from time to time as will be determined by the Administrator, in its sole discretion.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Type of Stock Appreciation Rights Authorized</u>. Awards of Stock Appreciation Rights may be granted in tandem with all or any portion of a related Option (a &#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Tandem SAR</u>&#8221;) or may be granted independently of any Option (a &#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Freestanding SAR</u>&#8221;). A Tandem SAR may be granted either concurrently with the grant of the related Option or at any time thereafter prior to the complete exercise, termination, expiration or cancellation of the related Option.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Number of Shares</u>. The Administrator will have complete discretion to determine the number of Stock Appreciation Rights granted to any Service Provider, provided that during any Fiscal Year, no Participant will be granted Freestanding SARs covering more than 500,000&#160;Shares. Notwithstanding the foregoing limitation, in connection with a Participant&#8217;s initial service as an Employee, an Employee may be granted Freestanding SARs covering up to an additional 500,000&#160;Shares. Tandem SARs are subject to the limitations that apply to the related Option under Section&#160;6(b) above.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exercise Price and Other Terms</u>. The Administrator, subject to the provisions of the Plan, will have complete discretion to determine the terms and conditions of Stock Appreciation Rights granted under the Plan, provided, however, that (i)&#160;the per Share exercise price of a Tandem SAR will be the per Share exercise price of the related Option and (ii)&#160;the per Share exercise price of a Freestanding SAR will be not less than one hundred percent (100%) of the Fair Market Value of a Share on the date of grant. Further, Tandem SARs will be exercisable only at the time and to the extent, and only to the extent, that the related Option is exercisable, subject to such provisions as the Administrator may specify (including if the Tandem SAR is granted with respect to less than the full number of Shares subject to the related Option).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stock Appreciation Right Agreement</u>. Each Stock Appreciation Right grant will be evidenced by an Award Agreement that will specify the exercise price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will determine.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-11-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(f)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Expiration of Stock Appreciation Rights</u>. A Stock Appreciation Right granted under the Plan will expire upon the date determined by the Administrator, in its sole discretion, and set forth in the Award Agreement; provided, however, that the term will be no more than ten (10) years from the date of grant thereof. &#160;Notwithstanding the foregoing, the rules of Section&#160;6(e) also will apply to Stock Appreciation Rights.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(g)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Payment of Stock Appreciation Right Amount</u>. Upon exercise of a Stock Appreciation Right, a Participant will be entitled to receive payment from the Company in an amount (the &#8220;Payout Amount&#8221;) determined by multiplying:</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(i)<font style="display:inline-block;width:26.56pt;"></font>The difference between the Fair Market Value of a Share on the date of exercise over the exercise price; times</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:108pt;margin:0pt 0pt 12pt 0pt;">(ii)<font style="display:inline-block;width:23.78pt;"></font>The number of Shares with respect to which the Stock Appreciation Right is exercised.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">At the discretion of the Administrator, the payment upon Stock Appreciation Right exercise may be in cash, in Shares (which, on the date of exercise, have an aggregate Fair Market Value equal to the Payout Amount), or in some combination thereof.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">10.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Units and At-Risk, Performance Shares</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Grant of Performance Units/Shares</u>. Performance Units and At-Risk, Performance Shares may be granted to Service Providers at any time and from time to time, as will be determined by the Administrator, in its sole discretion. &#160;The Administrator will have complete discretion in determining the number of Performance Units and At-Risk, Performance Shares granted to each Participant provided that during any Fiscal Year, for Performance Units or At-Risk, Performance Shares intended to qualify as &#8220;performance-based compensation&#8221; within the meaning of Section 162(m) of the Code, (i) no Participant will receive Performance Units having an initial value greater than $2,000,000, and (ii) no Participant will receive more than 300,000&#160;At-Risk, Performance Shares; provided, however, that in connection with a Participant&#8217;s initial service as an Employee, an Employee may be granted up to an additional 300,000&#160;At-Risk, Performance Shares.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Value of Performance Units/Shares</u>. Each Performance Unit will have an initial value that is established by the Administrator on or before the date of grant. &#160;Each At-Risk, Performance Share will have an initial value equal to the Fair Market Value of a Share on the date of grant.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Objectives and Other Terms</u>. The Administrator will set performance objectives or other vesting provisions (including, without limitation, continued status as a Service Provider) in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Units/Shares that will be paid out to the Participant. &#160;Each Award of Performance Units/Shares will be evidenced by an Award Agreement that will specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, will determine. &#160;The Administrator may set performance objectives based upon the achievement of Company-wide, divisional, business unit or individual goals (including, but not limited to, continued employment or service), applicable federal or state securities laws, or any other basis determined by the Administrator in its discretion.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Earning of Performance Units/Shares</u>. After the applicable Performance Period has ended, the holder of Performance Units/Shares will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance objectives or other vesting provisions have been achieved. &#160;After the grant of a Performance Unit/Share, the Administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Unit/Share.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(e)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Form and Timing of Payment of Performance Units/Shares</u>. Payment of earned Performance Units/Shares will be made as soon as practicable after the expiration of the applicable Performance Period. &#160;The Administrator, in its sole discretion, may pay earned Performance Units/Shares in the form of cash, in Shares (which</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-12-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">have an aggregate Fair Market Value equal to the value of the earned Performance Units/Shares at the close of the applicable Performance Period) or in a combination thereof.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(f)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Cancellation of Performance Units/Shares</u>. On the date set forth in the Award Agreement, all unearned or unvested Performance Units/Shares will be forfeited to the Company, and again will be available for grant under the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(g)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section 162(m) Performance Restrictions</u>. For purposes of qualifying grants of Performance Units/Shares as &#8220;performance-based compensation&#8221; under Section&#160;162(m) of the Code, the Administrator, in its discretion, may set restrictions based upon the achievement of Performance Goals. &#160;The Performance Goals will be set by the Administrator on or before the Determination Date. &#160;In granting Performance Units/Shares which are intended to qualify under Section&#160;162(m) of the Code, the Administrator will follow any procedures determined by it from time to time to be necessary or appropriate to ensure qualification of the Award under Section&#160;162(m) of the Code (e.g., in determining the Performance Goals).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">11.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dividend Equivalents</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">General</u>. The Administrator, in its discretion, may provide in the Award Agreement evidencing any Award that the Participant will be entitled to receive Dividend Equivalents with respect to the payment of cash dividends on Shares having a record date prior to the date on which the Awards are settled or forfeited. &#160;The Dividend Equivalents, if any, will be credited to an Award in such manner and subject to such terms and conditions as determined by the Administrator in its sole discretion. &#160;In the event of a dividend or distribution paid in Shares or any other adjustment made upon a change in the capital structure of the Company as described in Section 16, appropriate adjustments will be made to the Participant&#8217;s Award so that it represents the right to receive upon settlement any and all new, substituted or additional securities or other property (other than normal cash dividends) to which the Participant would be entitled by reason of the consideration issuable upon settlement of the Award, and all such new, substituted or additional securities or other property will be immediately subject to the same vesting and settlement conditions as are applicable to the Award.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Section 162(m)</u>. Dividend Equivalents will be subject to the Fiscal Year Code Section 162(m) limits applicable to the underlying Restricted Stock Unit, At-Risk, Performance Share or Performance Unit Award as set forth in Sections 8 and 10, as applicable, hereof.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">12.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance-Based Compensation Under Code Section 162(m)</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">General</u>. If the Administrator, in its discretion, decides to grant an Award intended to qualify as &#8220;performance-based compensation&#8221; under Code Section 162(m), the provisions of this Section 12 will control over any contrary provision in the Plan; provided, however, that the Administrator may in its discretion grant Awards that are not intended to qualify as &#8220;performance-based compensation&#8221; under Section 162(m) of the Code to such Participants that are based on Performance Goals or other specific criteria or goals but that do not satisfy the requirements of this Section 12.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Goals</u>. The granting and/or vesting of Awards of Restricted Stock, Restricted Stock Units, At-Risk, Performance Shares and Performance Units and other incentives under the Plan may be made subject to the attainment of performance goals relating to one or more business criteria within the meaning of Section 162(m) of the Code and may provide for a targeted level or levels of achievement (&#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Performance Goals</u>&#8221;) including (i) sales revenue; (ii) gross margin; (iii) operating margin; (iv) operating income; (v) pre-tax profit; (vi) earnings before stock-based compensation expense, interest, taxes and depreciation and amortization; (vii) earnings before interest, taxes and depreciation and amortization; (viii) earnings before interest and taxes; (ix) net income; (x) expenses; (xi) the market price of the Stock; (xii) stock price; (xiii) earnings per share; (xiv) return on stockholder equity; (xv) return on capital; (xvi) return on net assets; (xvii) economic value added; (xviii) market share; (xix) customer service; (xx) customer satisfaction; (xxi) safety; (xxii) total stockholder return; (xxiii) free cash flow; (xxiv) net operating income; (xxv) operating cash flow; (xxvi) return on investment; (xxvii) employee satisfaction; (xxviii) employee retention; (xxix) balance of cash, cash equivalents and marketable securities; (xxx) product development; (xxxi) research and development expenses; (xxxii) completion of an identified special project; (xxxiii) completion of a joint venture or other corporate transaction; (xxxiv) inventory balance; or (xxxv) inventory turnover ratio. &#160;Any criteria used may be measured,</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-13-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">as applicable, (A) in absolute terms, (B) in combination with another Performance Goal or Goals (for example, but not by way of limitation, as a ratio or matrix), (C) in relative terms (including, but not limited to, results for other periods, passage of time and/or against another company or companies or an index or indices), (D)&#160;on a per-share or per-capita basis, (E) against the performance of the Company as a whole or a segment of the Company (including, but not limited to, any combination of the Company and any subsidiary, division, business unit, joint venture, Affiliate and/or other segment), and/or (F) on a pre-tax or after-tax basis. &#160;The Performance Goals may differ from Participant to Participant and from Award to Award. &#160;Prior to the Determination Date, the Administrator will determine whether any significant element(s) will be included in or excluded from the calculation of any Performance Goal with respect to any Participant. &#160;In all other respects, Performance Goals will be calculated in accordance with the Company&#8217;s financial statements, generally accepted accounting principles, or under a methodology established by the Administrator prior to the issuance of an Award.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Procedures</u>. To the extent necessary to comply with the performance-based compensation provisions of Code Section 162(m), with respect to any Award granted subject to Performance Goals, within the first twenty-five percent (25%) of the Performance Period, but in no event more than ninety (90) days following the commencement of any Performance Period (or such other time as may be required or permitted by Code Section 162(m)), the Administrator will, in writing, (i) designate one or more Participants to whom an Award will be made, (ii) select the Performance Goals applicable to the Performance Period, (iii)&#160;establish the Performance Goals, and amounts of such Awards, as applicable, which may be earned for such Performance Period, and (iv)&#160;specify the relationship between Performance Goals and the amounts of such Awards, as applicable, to be earned by each Participant for such Performance Period. &#160;Following the completion of each Performance Period, the Administrator will certify in writing whether the applicable Performance Goals have been achieved for such Performance Period. &#160;In determining the amounts earned by a Participant, the Administrator will have the right to reduce or eliminate (but not to increase) the amount payable at a given level of performance to take into account additional factors that the Administrator may deem relevant to the assessment of individual or corporate performance for the Performance Period. &#160;A Participant will be eligible to receive payment pursuant to an Award for a Performance Period only if the Performance Goals for such period are achieved.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Additional Limitations</u>. Notwithstanding any other provision of the Plan, any Award which is granted to a Participant and is intended to constitute qualified performance based compensation under Code Section 162(m) will be subject to any additional limitations set forth in the Code (including any amendment to Section 162(m)) or any regulations and ruling issued thereunder that are requirements for qualification as qualified performance-based compensation as described in Section 162(m) of the Code, and the Plan will be deemed amended to the extent necessary to conform to such requirements.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">13.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Outside Director Limitations</u>. Subject to the provisions of Section 16 of the Plan, no Outside Director may be granted, in any Fiscal Year, Awards covering more than 100,000 Shares, increased by an additional 100,000 Shares in the Fiscal Year of his or her initial service as an Outside Director. &#160;Any Awards granted to an individual while he or she was an Employee, or while he or she was a Consultant but not an Outside Director, will not count for purposes of the limitations under this Section&#160;13.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">14.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Leaves of Absence/Transfer Between Locations</u>. Unless the Administrator provides otherwise, or except as otherwise required by Applicable Laws, vesting of Awards granted hereunder will be suspended during any unpaid leave of absence. &#160;A Participant will not cease to be an Employee in the case of (i)&#160;any leave of absence approved by the Company or (ii)&#160;transfers between locations of the Company or between the Company, its Parent, Affiliate or any Subsidiary (provided that a Participant may be deemed no longer to be an employee for purposes of Incentive Stock Options, in the event of a transfer of Participant to an Affiliate). &#160;For purposes of Incentive Stock Options, no such leave may exceed three (3) months, unless reemployment upon expiration of such leave is guaranteed by statute or contract. &#160;If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then six (6) months following the first (1st) day of such leave any Incentive Stock Option held by the Participant will cease to be treated as an Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">15.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Transferability of Awards</u>. Unless determined otherwise by the Administrator, an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Participant, only by the Participant. &#160;If the</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-14-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Administrator makes an Award transferable, such Award will contain such additional terms and conditions as the Administrator deems appropriate.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">16.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Adjustments; Dissolution or Liquidation; Merger or Change in Control</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Adjustments</u>. In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property, but excepting normal cash dividends), recapitalization, stock split, reverse stock split, reorganization, reincorporation, reclassification, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be made available under the Plan, will adjust the number and class of Shares that may be delivered under the Plan and/or the number, class, and price of Shares covered by each outstanding Award, and the numerical Share limits in Sections&#160;3, 6, 7, 8, 9, 10 and 13 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dissolution or Liquidation</u>. &#160;In the event of the proposed dissolution or liquidation of the Company, the Administrator will notify each Participant as soon as practicable prior to the effective date of such proposed transaction. &#160;To the extent it previously has not been exercised, an Award will terminate immediately prior to the consummation of such proposed action.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Change in Control</u>. &#160;In the event of a merger or Change in Control, each outstanding Award will be treated as the Administrator determines, including, without limitation, that (i) Awards may be assumed, or substantially equivalent Awards will be substituted, by the acquiring or succeeding corporation (or an affiliate thereof) (the &#8220;<u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Successor Corporation</u>&#8221;) with appropriate adjustments as to the number and kind of shares and prices; (ii) upon written notice to a Participant, that the Participant&#8217;s Awards will terminate upon or immediately prior to the consummation of such Change in Control; (iii) outstanding Awards will vest and become exercisable, realizable, or payable, or restrictions applicable to an Award will lapse, in whole or in part prior to or upon consummation of such Change in Control, and, to the extent the Administrator determines, terminate upon or immediately prior to the effectiveness of such merger or Change in Control; (iv)&#160;(A)&#160;the termination of an Award in exchange for an amount of cash and/or property, if any, equal to the amount that would have been attained upon the exercise of such Award or realization of the Participant&#8217;s rights as of the date of the occurrence of the transaction (and, for the avoidance of doubt, if as of the date of the occurrence of the transaction the Administrator determines in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant&#8217;s rights, then such Award may be terminated by the Company without payment), or (B)&#160;the replacement of such Award with other rights or property selected by the Administrator in its sole discretion; or (v) any combination of the foregoing. &#160;In taking any of the actions permitted under this Section&#160;16(c), the Administrator will not be required to treat all Awards similarly in the transaction.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">In the event that the Successor Corporation does not assume or substitute for the Award, the Participant will fully vest in and have the right to exercise all of his or her outstanding Options and Stock Appreciation Rights, including Shares as to which such Awards would not otherwise be vested or exercisable, all restrictions on Restricted Stock and Restricted Stock Units will lapse, and, with respect to Awards with performance-based vesting, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels and all other terms and conditions met. &#160;In addition, if an Option or Stock Appreciation Right is not assumed or substituted for in the event of a Change in Control, the Administrator will notify the Participant in writing or electronically that the Option or Stock Appreciation Right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the Option or Stock Appreciation Right will terminate upon the expiration of such period.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">For the purposes of this subsection (c), an Award will be considered assumed if, following the Change in Control, the Award confers the right to purchase or receive, for each Share subject to the Award immediately prior to the Change in Control, the consideration (whether stock, cash, or other securities or property) or, in the case of a Stock Appreciation Right upon the exercise of which the Administrator determines to pay cash or a At-Risk, Performance Share or Performance Unit which the Administrator can determine to pay in cash, the fair market value of the consideration received in the merger or Change in Control by holders of Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that if such consideration received in the Change in Control is not solely common stock of the Successor Corporation, the Administrator may, with the consent of</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-15-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">the Successor Corporation, provide for the consideration to be received upon the exercise of an Option or Stock Appreciation Right or upon the payout of a Restricted Stock Unit, Performance Unit or At-Risk, Performance Share, for each Share subject to such Award (or in the case of Performance Units denominated in dollars, the number of implied shares determined by dividing the value of the Performance Units by the per share consideration received by holders of Common Stock in the Change in Control), to be solely common stock of the Successor Corporation equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Control.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">Notwithstanding anything in this Section 16(c) to the contrary, an Award that vests, is earned or paid-out upon the satisfaction of one or more performance goals will not be considered assumed if the Company or its successor modifies any of such performance goals without the Participant&#8217;s consent; provided, however, a modification to such performance goals only to reflect the Successor Corporation&#8217;s post-Change in Control corporate structure will not be deemed to invalidate an otherwise valid Award assumption.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;">Notwithstanding anything in this Section 16(c) to the contrary, if a payment under an Award Agreement is subject to Code Section 409A and if the change in control definition contained in the Award Agreement does not comply with the definition of &#8220;change of control&#8221; for purposes of a distribution under Code Section 409A, then any payment of an amount that otherwise is accelerated under this Section will be delayed until the earliest time that such payment would be permissible under Code Section 409A without triggering any penalties applicable under Code Section 409A.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(d)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Outside Director Awards</u>. With respect to Awards granted to an Outside Director that are assumed or substituted for, if on the date of or following such assumption or substitution the Participant&#8217;s status as a Director or a director of the Successor Corporation, as applicable, is terminated other than upon a voluntary resignation by the Participant (unless such resignation is at the request of the acquirer), then the Participant will fully vest in and have the right to exercise Options and/or Stock Appreciation Rights as to all of the Shares underlying such Award, including those Shares which otherwise would not be vested or exercisable, all restrictions on Restricted Stock and Restricted Stock Units will lapse, and, with respect to Awards with performance-based vesting, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels and all other terms and conditions met.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">17.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Tax Withholding/Code Section 409A</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Withholding Requirements</u>. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof) or such earlier time as any tax withholding obligations are due, the Company will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state, local, foreign or other taxes (including the Participant&#8217;s FICA obligation) required to be withheld and any employer tax liability shifted to a Participant with respect to such Award (or exercise thereof).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Withholding Arrangements</u>. The Administrator, in its sole discretion and pursuant to such procedures as it may specify from time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation) (a) paying cash, (b)&#160;electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, (c) delivering to the Company already-owned Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld, provided the delivery of such Shares will not result in an adverse accounting consequences as the Administrator determines in its sole discretion, or (d) selling a sufficient number of Shares otherwise deliverable to the Participant through such means as the Administrator may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld. &#160;The amount of the withholding requirement will be deemed to include any amount which the Administrator agrees may be withheld at the time the election is made, not to exceed the amount determined by using the maximum federal, state or local marginal income tax rates applicable to the Participant with respect to the Award on the date that the amount of tax to be withheld is to be determined. &#160;The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that such Shares are withheld or delivered, as applicable.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Compliance With Code Section&#160;409A</u>. Awards will be designed and operated in such a manner that they are either exempt from the application of, or comply with, the requirements of Code Section&#160;409A such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-16-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Section&#160;409A, except as otherwise determined in the sole discretion of the Administrator. &#160;The Plan and each Award Agreement under the Plan is intended to meet the&#160;requirements of Code Section&#160;409A and will be construed and interpreted in accordance with such intent, except as otherwise determined in the sole discretion of the Administrator. &#160;To the extent that an Award or payment, or the settlement or deferral thereof, is subject to Code Section&#160;409A, the Award will be granted, paid, settled or deferred in a manner that will meet the requirements of Code Section&#160;409A, such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code Section&#160;409A. &#160;Notwithstanding the foregoing, in no event will the Company reimburse any Participant for any taxes that may be imposed upon Participant as a result of Code Section 409A.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">18.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">No Effect on Employment or Service</u>. Neither the Plan nor any Award will be interpreted as forming an employment or service relationship with the Company or any Parent, Affiliate or Subsidiary. &#160;Further, neither the Plan nor any Award will confer upon a Participant any right with respect to continuing the Participant&#8217;s relationship as a Service Provider with the Company or any Parent, Affiliate or Subsidiary, nor will they interfere in any way with the Participant&#8217;s right or right of the Company or any Parent, Affiliate or Subsidiary, as applicable, to terminate such relationship at any time, with or without cause, to the extent permitted by Applicable Laws.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">19.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Date of Grant</u>. The date of grant of an Award will be, for all purposes, the date on which the Administrator makes the determination granting such Award, or such other later date as is determined by the Administrator. &#160;Notice of the determination will be provided to each Participant within a reasonable time after the date of such grant.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">20.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Term of Plan</u>. Subject to Section&#160;25 of the Plan, the Plan will become effective upon its adoption by the Board. &#160;It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless terminated earlier under Section&#160;21 of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">21.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Amendment and Termination of the Plan</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Amendment and Termination</u>. The Board or the Administrator may at any time amend, alter, suspend or terminate the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stockholder Approval</u>. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(c)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Effect of Amendment or Termination</u>. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. &#160;Termination of the Plan will not affect the Administrator&#8217;s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">22.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Conditions Upon Issuance of Shares</u>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(a)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Legal Compliance</u>. Shares will not be issued pursuant to the exercise of an Award unless the exercise of such Award and the issuance and delivery of such Shares will comply with Applicable Laws and will be further subject to the approval of counsel for the Company with respect to such compliance.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:72pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">(b)</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Investment Representations</u>. As a condition to the exercise of an Award, the Company may require the person exercising such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">23.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Inability to Obtain Authority</u>. The inability of the Company to obtain authority from any regulatory body having jurisdiction or to complete or comply with the requirements of any registration or other qualification of the Shares under any state, federal or foreign law or under the rules and regulations of the Securities and Exchange Commission, the stock exchange on which Shares of the same class are then listed, or any other governmental or regulatory body, which authority, registration, qualification or rule compliance is deemed by the Company&#8217;s counsel to</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-17-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:always;width:88.24%;border-width:0;"><div style="max-width:100%;padding-left:5.88%;padding-right:5.88%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">be necessary or advisable for the issuance and sale of any Shares hereunder, will relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority, registration, qualification or rule compliance will not have been obtained.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">24.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Forfeiture Events</u>. The Administrator may specify in an Award Agreement that the Participant&#8217;s rights, payments, and benefits with respect to an Award will be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but will not be limited to, fraud, breach of a fiduciary duty, restatement of financial statements as a result of fraud or willful errors or omissions, termination of employment for cause, violation of material Company, Affiliate and/or Subsidiary policies, breach of non-competition, confidentiality, or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company, Affiliates and/or its Subsidiaries. &#160;The Administrator may also require the application of this Section with respect to any Award previously granted to a Participant even without any specified terms being included in any applicable Award Agreement to the extent required under Applicable Laws.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">25.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Stockholder Approval</u>. The Plan will be subject to approval by the stockholders of the Company within twelve (12) months after the date the Plan is adopted by the Board. &#160;Such stockholder approval will be obtained in the manner and to the degree required under Applicable Laws.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">26.</font></font><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Captions</u>. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 12pt 0pt;"><font style="white-space:pre-wrap;">*  *  *</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:24pt 0pt 0pt 0pt;">-18-</p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-left:5.88%;margin-right:5.88%;margin-top:30pt;page-break-after:avoid;width:88.24%;border-width:0;"></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>axti-20240516.xsd
<DESCRIPTION>EX-101.SCH
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created with Toppan Merrill Bridge  10.6.2.5 -->
<!--Based on XBRL 2.1-->
<!--Created on: 5/20/2024 4:15:55 PM-->
<!--Modified on: 5/20/2024 4:15:55 PM-->
<xsd:schema targetNamespace="http://www.axt.com/20240516" attributeFormDefault="unqualified" elementFormDefault="qualified" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:us-gaap="http://fasb.org/us-gaap/2023" xmlns:srt-types="http://fasb.org/srt-types/2023" xmlns:us-roles="http://fasb.org/us-roles/2023" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:currency="http://xbrl.sec.gov/currency/2023" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:naics="http://xbrl.sec.gov/naics/2023" xmlns:srt-roles="http://fasb.org/srt-roles/2023" xmlns:country="http://xbrl.sec.gov/country/2023" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:srt="http://fasb.org/srt/2023" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:exch="http://xbrl.sec.gov/exch/2023" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:sic="http://xbrl.sec.gov/sic/2023" xmlns:us-types="http://fasb.org/us-types/2023" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:attributeFormDefault="unqualified" xmlns:stpr="http://xbrl.sec.gov/stpr/2023" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2022-03-31" xmlns:deprecated="http://www.xbrl.org/2009/role/deprecated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:dei="http://xbrl.sec.gov/dei/2023" xmlns:axti="http://www.axt.com/20240516" xmlns:dtr="http://www.xbrl.org/2009/dtr" xmlns:cef="http://xbrl.sec.gov/cef/2023" xmlns:xbrldi="http://xbrl.org/2006/xbrldi">
  <xsd:annotation>
    <xsd:appinfo>
      <link:roleType roleURI="http://www.axt.com/role/DocumentDocumentAndEntityInformation" id="DocumentDocumentAndEntityInformation">
        <link:definition>00090 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:linkbaseRef xlink:type="simple" xlink:href="axti-20240516_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="axti-20240516_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:import namespace="http://xbrl.sec.gov/dei/2023" schemaLocation="https://xbrl.sec.gov/dei/2023/dei-2023.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>axti-20240516_lab.xml
<DESCRIPTION>EX-101.LAB
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created with Toppan Merrill Bridge  10.6.2.5 -->
<!--Based on XBRL 2.1-->
<!--Created on: 5/20/2024 4:15:55 PM-->
<!--Modified on: 5/20/2024 4:15:55 PM-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Document and Entity Information [Abstract]</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="dei_DocumentType" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Document Type</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Document Period End Date</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity File Number</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Registrant Name</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Incorporation, State or Country Code</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Tax Identification Number</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Address, Address Line One</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Address, City or Town</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Address, State or Province</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Address, Postal Zip Code</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">City Area Code</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Local Phone Number</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Written Communications</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Soliciting Material</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Pre-commencement Tender Offer</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Pre-commencement Issuer Tender Offer</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Title of 12(b) Security</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Trading Symbol</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Security Exchange Name</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Emerging Growth Company</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Entity Central Index Key</label>
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" xmlns="http://www.xbrl.org/2003/linkbase" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xmlns="http://www.xbrl.org/2003/linkbase" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" xmlns="http://www.xbrl.org/2003/linkbase">Amendment Flag</label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>axti-20240516_pre.xml
<DESCRIPTION>EX-101.PRE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!--XBRL document created with Toppan Merrill Bridge  10.6.2.5 -->
<!--Based on XBRL 2.1-->
<!--Created on: 5/20/2024 4:15:55 PM-->
<!--Modified on: 5/20/2024 4:15:55 PM-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <roleRef xlink:type="simple" xlink:href="axti-20240516.xsd#DocumentDocumentAndEntityInformation" roleURI="http://www.axt.com/role/DocumentDocumentAndEntityInformation" xmlns="http://www.xbrl.org/2003/linkbase" />
  <presentationLink xlink:role="http://www.axt.com/role/DocumentDocumentAndEntityInformation" xlink:type="extended" xlink:title="00090 - Document - Document and Entity Information" xmlns="http://www.xbrl.org/2003/linkbase">
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="dei_DocumentType_638518185554391241" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType_638518185554391241" order="1" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate_638518185554391241" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate_638518185554391241" order="2" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber_638518185554391241" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber_638518185554391241" order="3" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName_638518185554391241" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName_638518185554391241" order="4" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode_638518185554391241" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode_638518185554391241" order="5" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber_638518185554401260" order="6" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1_638518185554401260" order="7" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown_638518185554401260" order="8" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince_638518185554401260" order="9" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode_638518185554401260" order="10" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode_638518185554401260" order="11" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber_638518185554401260" order="12" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications_638518185554401260" order="13" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial_638518185554401260" order="14" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer_638518185554401260" order="15" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer_638518185554401260" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer_638518185554401260" order="16" use="optional" priority="2" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle_638518185554411253" order="17" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol_638518185554411253" order="18" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName_638518185554411253" order="19" use="optional" priority="1" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany_638518185554411253" order="20" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey_638518185554411253" order="21" use="optional" />
    <loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag_638518185554411253" />
    <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag_638518185554411253" order="22" use="optional" />
  </presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.24.1.1.u2</span><table class="report" border="0" cellspacing="2" id="idm139821819156992">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>May 16, 2024</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Document and Entity Information [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May 16,  2024<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">000-24085<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">AXT,&#160;INC.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">94-3031310<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">4281 Technology Drive<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Fremont<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">94538<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">510<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">438-4700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.001 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AXTI<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001051627<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>8
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MZ30*+M!%)P&M5P**&_@G%4),9ALE,<-M$0DZ_<O@VD.)ZA6 XO;]10MCN(3
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MJ#(9BBJ6<%H@XLD@;6E6?;!/3K3G>1<W]T6NS>,)KM\,<'AT_@%02P,$%
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M?^:+X3]>?P%02P$"% ,4    " #N@;18!T%-8H$   "Q    $
M    @ $     9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( .Z!M%@QE .E
M[@   "L"   1              "  :\   !D;V-0<F]P<R]C;W)E+GAM;%!+
M 0(4 Q0    ( .Z!M%B97)PC$ 8  )PG   3              "  <P!  !X
M;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%     @ [H&T6$ZJ?#A"!   GQ
M !@              ("!#0@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+
M 0(4 Q0    ( .Z!M%B?H!OPL0(  .(,   -              "  84,  !X
M;"]S='EL97,N>&UL4$L! A0#%     @ [H&T6)>*NQS     $P(   L
M         ( !80\  %]R96QS+RYR96QS4$L! A0#%     @ [H&T6!PX9>H_
M 0  / (   \              ( !2A   'AL+W=O<FMB;V]K+GAM;%!+ 0(4
M Q0    ( .Z!M%@D'INBK0   /@!   :              "  ;81  !X;"]?
M<F5L<R]W;W)K8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( .Z!M%AED'F2&0$
M ,\#   3              "  9L2  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%
3!@     )  D /@(  .43      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.24.1.1.u2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="axti-20240516x8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00090 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.axt.com/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>axti-20240516.xsd</File>
    <File>axti-20240516_lab.xml</File>
    <File>axti-20240516_pre.xml</File>
    <File doctype="8-K" isOnlyDei="true" original="axti-20240516x8k.htm">axti-20240516x8k.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="22">http://xbrl.sec.gov/dei/2023</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>14
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "axti-20240516x8k.htm": {
   "nsprefix": "axti",
   "nsuri": "http://www.axt.com/20240516",
   "dts": {
    "schema": {
     "local": [
      "axti-20240516.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.sec.gov/dei/2023/dei-2023.xsd"
     ]
    },
    "labelLink": {
     "local": [
      "axti-20240516_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "axti-20240516_pre.xml"
     ]
    },
    "inline": {
     "local": [
      "axti-20240516x8k.htm"
     ]
    }
   },
   "keyStandard": 22,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2023": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 23,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2023": 22
   },
   "report": {
    "R1": {
     "role": "http://www.axt.com/role/DocumentDocumentAndEntityInformation",
     "longName": "00090 - Document - Document and Entity Information",
     "shortName": "Document and Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "axti-20240516x8k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "axti-20240516x8k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Document and Entity Information [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "DocumentType",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2023",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.axt.com/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Section": "14a",
   "Number": "240",
   "Subsection": "12"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001558370-24-008474-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001558370-24-008474-xbrl.zip
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M]3IWKGUGW[FNV^WT;:=K'P5W/!=&+!\H9)[R+0X+TR./(+,P(\B$/]U;X^!
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M0O9:UL!:G)E2OKG0;&5!5+9FLHHL2/+6S':[2/O[K-J43U<AP$*)'"IVJ3-
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M9V=YL<A"B!INI]W06^AI\0SX$7XZ6=QZ4+QBL7A9[GUM%2VE_$5Z$3\%H#_
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M<:6,^P1('!- ',/WZ8C_R*9K#JVQ8>IFZM#H%/19LF\G-5%J=^*A:5B5Y.Y
MOXEQ;,#N7ZPD3)8WF/##WB!)K9!$)$XN)9\FS^E&TYWXR,[X2+E'/O)"G/ML
MT+^(YLGCX8/-@Y@93-?.4:UU<6/K3?Q#5QO05&'Y](1X7A<VU]0FR<6S*=!]
M(BO?N'0@24U%-X4N&\7J+D^.'[=9;(]/@"'[KI6)0G=&H=4^*50,KYB%QIB8
MP%":3GUGI[[9ZZDW'%2,:+\<KB5IJ9%+8  GL[]'/D*A/$G!]6WDDY.9QJBK
MSR8"Y42U!@Q!L#SXF>1^>W4Y1BML#1,2$7[:-CBY!>C>R*;"=%Q3>$)Y*Z&4
M=5JAMR;]$<9L8CZ KLR15])CF,Y.[\J)HV,] (JQ<<9D5FT\#T0X44;5 -40
M1@'^.UVCG5VC?^[U&B%E VE@,;QST*"C]@*&VK(<--"-NB2G%>KBF&R+&C_I
MC"D0+M8@;1G.Y>A9+E)(36@_-*XDBKM@0GM<C<D4I5A0\04.EH/1T>:+?(-:
M+A([QACH6XO=DKNY2C)96@.SSK'Y "%D:;JDP)-VSG_6>@-KT,8!9Q61,'W"
MO=J$;R*[9[7G7G8GQ1I-1GXM*= >7)QK<6!.-.O@WN-F.NDUMW>ZFCN[FO4>
MKZ:IVQNWWX=V^V]@AR^TU/:UWF@CO1BI+M:WHHH46EX0Q_03W'.[B6^NP6M!
MI<OXC*0P,P"A4R/?, 4KE-C856W-YB7,H>=A,-'[IL-5Y9HK4GAX!#D)7@..
M;;8H'&BZ"SN["\T^[X)!39XN1C+\*?[N>2#\)S@"_^!A$(&?"&-7A-'>!L)X
M4U=GM5K'E)<-?R7^  9KHF/1QXVZ"D[ <FKV6W*AJ 6JT@1$[J-WI=*(28]"
M =]>;G0R<^5\"':^@OUB%V5!B%']4=<+5GN8&P._SO(E(4%:+@.!>:!V=.5_
M"R\@1^!]J7>2LOO24TZ:Y*+J0&^A=Y.'=(, )[ #6G+*6O0S\?KA'A 2!<PC
M6'=.M>29Y0HX@^T<A\$7W'9#"20CUH.=,(%4.2<GV /Q_@PF@T O$'"U)A\/
M04.R;N'@,^\'FB5N.CF+UX(WP7'[1#+=_9W=_6Z/=_\71#G_C3WR?T>H<J2T
MD;*EW- AF8:PYJ ZG(=BAH<X,6*GE17VF%7_RBIXT6IX)6T0V"1@V^7-2F>1
M.GLJ81<P< 0)@G"]/5\#'294TFM?G[Y[<?I?R5^+:@Y/OR-.(>>61GX@)RHA
M%OGN.0=Q[)=+ZOLC7_*"S(CH4!F0AE4HR3PL*HH$8<2H$0ZTK P"C@:;R>O-
M3^=Y1BEO925/76BV&X&SZNP 248J"F+$G2);WN:YTH2<[$0Y>YGO62=*-<.A
MI/DQ#XB.*1^W(%](B?=_8/[#N[;6L,;_5W6(._SQ?OY38A8BQ;'@&U;)AV8X
MHJ6I"&2.1OVSVT3KGY'^.4+LC"JLBTMS4)2- 99(=582KL:+&V8:SKBFZI8@
MV I*]A!9+<%(<U1,P$-R(['-S@6?\I KP;_;"ZV9%E W0.(B)0 X#AS4!YV9
MMWEQ1K>67LI<0$9(MX9.8536+6#('KTF)M6 F:+R*UNE\H()>KDCZ.6#"7KY
M34$OQZFYP%PRX*TD#.E^$B/><A$/;@/?_U;RH5\Q8U3SQM7,"K2:(7K#<M4Q
M/FZ8MZ<=PB&=556&27;M*FKO3/;%SNR+\WW:%WFS )7S?X#MQ'U.2_[!)?Q@
MPE=^*0JXV"<%='#[F1'$:^>2X12"5BCH2O%:T?]ZK@[)0E3E",=Q#_84/=O!
MB;@\O70BLYV1V<<]DED<,!"M(LY?L?(.HH>Z>U'=6"^/M22_F8NN8F)!F7%F
M,O_L4B) KD^D@,0W%ELY!"N&R00G)Q.4ZHL0XN5>"1&3V)-MB"H;UI,R<NA>
ME3CB1 0[(X+_W2,1C/8!O!E#RBK-5:L,RT&X4R-([C&&%.>$$V'MC+#4/KNX
M"4(A&J,+:E-2>P'Z[;"$Y)6BZ?BQ>2B( 9M.+W57B)!T><9-@&AW.=83X>V,
M\.;[[/$VRK]"O<>H\'X3% -'FTAA9Z2PV&?GK-^Z]L8Z#LJL2<_Y(OV;1AHX
M?9WJVX1NBQ& 23/A2K9^VJ3YI0%FE]4%*C8H,;CN' &QN4K1.,S\X<G#F9YR
M4;X,3>E]MECR<#AQGZ&K(A@#O$QDL#,R6.ZS*=&@*YM/#!13L.@LH\8V')EH
M5QZW@ .9.@!]F0Y ^VP!Y%/'&RJ'&^<5E&\C]7(%Q>3%)"*P;2_^)X^1$+*A
MJVAJC^0@48$UEUDPT=K.:&VUSUY#_:YZ6WI3WIXNE&B=![/!_FP(P5U:U*ND
MR=C7^%7X:Z[-,S>@&-LV22I("GITZG7YI2OU[;-4WQO+-]^Z;*LXGQ5>*;7+
M7?=@OT[T.]N^8]"_DD'C-ETK3.XJQ9^$Q,<@ ]._,GPJ+*==YPV5[(&GECK'
M*GL&\OP.67SP"KDBG <O,<.-:AIUQID]<)2I[7N2F20=4WE_E>MS;:YQ"[2H
ML2CRN2YHK5ZB??2!P;VWM8/#YF5\1[E;V35DTG0'=U<\;9_5TU!IC5VYO$E.
MCHX?4=ID>^EY_2<M=[?UR?99H*S/)X>$()P0*]#TO*XJPF5)1PEJ>C!'_-XW
MD5(.,PT&I)P30O]:. :;X%.$:=?UT/99$"W:6SKFX9M7U8</6F^HB6;9UI<N
M!]S4P(KDE4=QWC:K/(T&$ ):?6+$^$M,/H_.UDV$5/.N7'84*T5-HBM)S44Y
M/P<""+3;+X \^W/CMA].N.UO"K?]9V+"ZWV6'GS;%3HY?CP_?##DO.Z[:)!^
M6)2R\AZAF(KM*H8QF-*OA9&;[B1&Q&?1[CJ3CKG;XG3[K$[7 W[,$&0PT#('
MOXF1WD01NRL&M\]J<&$1RNO5BG E(AY,)2*^3*6X?9:*>R=E:=YPE:D8Y,.!
M.U*'_H#_=355)V+87;VS?18\(TLMB@3CG(MA\C"SA Q/B@,B6ZOL._3AI&?L
MMA37/FMQL7E^N@'+')O7H;;Y%N<W'DUSS@!52&?F2 %KZX"2*LZCCH,?$FI
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MIZH_;O):V]=1 K4IL*1MA3,X>ZH*AJ?OO,T@"9=8,0!7MR6V??T%)%*K&C%
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M@EH"T.'0QIJ.4G;WL  X=^ZF8P*&4E/3+[>;VR7'&(OT2JTT5Y=:62)X0TI
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M?@8C:$:$-<8#WB E1?@GHC#@W]21$<X*2 _8NOHH))5I+PF1C,<UEK/\7_J
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MB=A2/S'"2L=V%8'Y"7R"YS$LQ5#U>WMXI1="9)_!=L.Y8]; "JY#S<!"SJ1
M5S\C!:G8@JFP8"K';6GCM-9!MI1XUT6(F$@R3'1;'V=':UE(;!QO'@(1(E)Z
MNWG8IU(/*D\X<SB-NBK1KU%<NNMQC=G;BM^6XG&788L\,A($MN"H39KDIU5V
M=)Z8ZTZNIXVPL!E )7ARMX=?_2)<)D2R :T@<0C2D#CW(,?%E$@D@X=I*E^F
M/83%& '12 ARU76O<*3Q:+)()M@]*QED?+$SK%=)112P,=UO9 YAB4?K6FZX
M3 R[E*/N4R=Y$9:<]L%.:IQ.HEJ(5R1U3.?!;0'U@K1((O$;5M<;>\5"E7Z7
M/'Z+[7M.:@ VE) R&4'WB'#WY* RLQ=;%&N\A%P50[+:UFO;E;UWS(2R,3LV
M<"'%U%'DAF;P"TT.ZR53:+)85>*,#:;.RVPO-\.O\)%&EX9K>)-6L"5_5+4
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M@P,!E&XI+^?PMDEPUMQ>QJ:?ZN &8NTAB7-7&] Z6#T9N4>IP2#5P2ZC;]=
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M*@)>&K]GO&#(&^T*>@=MJ&0-<=\FW^:GG#OR%L*R:M5AFX.:^S1@K9IE#EM
M77VSCN\S*4FF(,T2U+]R08W(S<=-'^9(HR:"MUIV1:+KNJJY](&H0UXM>M'/
M/(3;DK*6"=UTGE>%_8GQ$#N;Q.&L3#T*UY1X V2XH&96;GDE4?AZHUNI!8Q
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M9<+?1R\3_&?5KHN?_C]02P$"% ,4    " #N@;185MY1C'(#  !!#   $0
M            @ $     87AT:2TR,#(T,#4Q-BYX<V102P$"% ,4    " #N
M@;18.N\2L6L%  #N.P  %0              @ &A P  87AT:2TR,#(T,#4Q
M-E]L86(N>&UL4$L! A0#%     @ [H&T6)5E!W6'!   AB8  !4
M     ( !/PD  &%X=&DM,C R-# U,39?<')E+GAM;%!+ 0(4 Q0    ( .Z!
MM%@PW:?WPA@  /G1   4              "  ?D-  !A>'1I+3(P,C0P-3$V
M>#AK+FAT;5!+ 0(4 Q0    ( .Z!M%AV@2PR(5<  *6# @ 8
M  "  >TF  !A>'1I+3(P,C0P-3$V>&5X,3!D,2YH=&U02P4&      4 !0!-
) 0  1'X

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>axti-20240516x8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2023"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="axti-20240516.xsd" xlink:type="simple"/>
    <context id="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001051627</identifier>
        </entity>
        <period>
            <startDate>2024-05-16</startDate>
            <endDate>2024-05-16</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_q4jl_PHedkqm_J2CAKj8aQ_2_1">0001051627</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_KFQ9YccVx0qeOJuKIb6xHg_3_1">false</dei:AmendmentFlag>
    <dei:DocumentType
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_vUmOnfFprEabfsk9CIdw0A">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_iKKFEv8d5Ui40l1AJ7RE7w">2024-05-16</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_ePM7ZwlqJUKtUtouo5wJKw">AXT,&#160;INC.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_N4x74i5y5UKX8CpT9kp3tw_1_0">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_xTrmE7YU9EaGUlmJjfY1xQ_1_2">000-24085</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_LLQP9ns9t0ushlUPGe1zYg_1_4">94-3031310</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_F5qlSJ5Zb0Kkqy3OHrpUfQ">4281 Technology Drive</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_af4qBk9Vlkie4NeG5P4CmQ">Fremont</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_p8ahk3sEEEKNvQhEi3NH1Q">CA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_A6iM6EHnLU6vGHF6mmw2Ew">94538</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_SyQDfmvBd0SloMB99o83Dg">510</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_0LcsXSNCvkmsfP9EBm7YGA">438-4700</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_O1RW4OZn-0KjY6rru5LY4w">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_LCGigG6adUiMNm0CGoSZ-g">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_ygRefXxkl0CiAiNh3iEEuQ">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_Bf8h6yFwvUmd9ieg1QymzA">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_y26VXG8Pu0u4niIeuGahHw_1_0">Common Stock, $0.001 par value</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_eJ8TvTlOBUW7QyYi2VDDlA_1_2">AXTI</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Tc_VoMvyMhYqkmCMYufNz1LkA_1_4">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="Duration_5_16_2024_To_5_16_2024_pI7JJ-s9NEqhjgE5pgaMLw"
      id="Narr_O49oJGZg90GCNacILkBQoQ">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
