Exhibit 10.116

SOUTHWALL TECHNOLOGIES INC.        DISTRIBUTION AGREEMENT

This Agreement is made and entered into in the City of Palo Alto (California, U.S.A.) as of January 1, 2002 by and between Globamatrix Holdings
Pte. Ltd. ("LICENSEE") and Southwall Technologies Inc. ("SOUTHWALL").

WITNESSETH

WHEREAS,
SOUTHWALL produces and manufactures the Film (as defined below), which is used in the manufacturing of the Product (as defined below);

WHEREAS,
SOUTHWALL is the owner of the patents registered in the US Patent and Trademark Office, which are further described in Exhibit 1hereto, as well as of the trademarks described inExhibit 1hereto, including,
without limitation, Solis®;

WHEREAS,
LICENSEE wishes to obtain the exclusive right to distribute SOUTHWALL's Product worldwide on the terms and subject to the conditions set forth herein;

WHEREAS,
LICENSEE has requested and SOUTHWALL has agreed to provide LICENSEE with certain minimum amounts of Product each year during the term of this Agreement;

WHEREAS,
the parties acknowledge that such a commitment by SOUTHWALL places a substantial production risk on SOUTHWALL and requires SOUTHWALL to make a substantial investment (in dollars
and lost opportunities) to dedicate a material portion of its production capacity and other resources to the manufacture of such Product on behalf of LICENSEE, and, accordingly, that LICENSEE's option
herein to perform its obligations by either purchasing specified levels of Product hereunder or making payment therefor is in consideration of SOUTHWALL's making available such
production capacity and other resources; and

WHEREAS,
the parties acknowledge that the commitment by LICENSEE to purchase minimum amounts of Product requires LICENSEE and its appointed master franchisees and distributors to invest
and employ substantial resources (human and capital) to market and build increased demand to consume the Product in the Territory and places LICENSEE at substantial risk (in dollars, loss of goodwill
and damages), that SOUTHWALL's commitment to perform its obligations and in particular make timely deliveries of good quality Product to the specified levels hereunder or making payment
therefor is in consideration of LICENSEE's reciprocal commitment to purchase agreed minimum amounts of Product;

NOW,
THEREFORE, in consideration of the mutual covenants set forth below, the parties hereto agree as follows:

For
purpose of this Agreement:



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| | Wherein: | A = Amount ordered (square feet)
| | -------- | --------------------------------
| |          | B = Amount shipped (square feet)
| |          | P = Price of product type       

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IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first set forth above.

|SOUTHWALL TECHNOLOGIES INC.
1029 Corporation Way
Palo Alto, CA 94303
U.S.A.
Facsimile No.: 650-962-0182 |  | GLOBAMATRIX HOLDINGS PTE. LTD.
3 Science Park Drive
02-16, Singapore 118223
Facsimile No.: 65-67747377
|------------------------------------------------------------------------------------------------------- |  | ------------------------------------------------------------------------------------------------------
|By:                                                                                                     |  |                                                                                                       
|                                                                                                        |  | Name: Thomas G. Hood
Title: President and CEO                                                         

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