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Ms. Stacey Peterson
455 Longfellow Avenue
Hermosa Beach, CA 90254

Dear Stacey:

This letter is intended to reflect your most recent discussions with Doug
McCormick regarding your compensation package at TTM to ensure that we are in
agreement on the following terms. Please call to discuss or acknowledge your
agreement with your signature below and return the original.

       I.     TITLE:  Chief Financial Officer

       II.    START DATE:  Your official start date will be February 25, 2000.
              However, during the interim period you will be expected to spend
              50% of your work days at TTM according to a schedule to be
              mutually agreed upon with TTM management. (Note, you will get
              three weeks of vesting and year end bonus accrual for this interim
              period.)

      III.    SALARY:  Your starting base salary will be $160,000 per year, paid
              semi-monthly as is consistent with TTM policy. Your salary will be
              subject to annual review based upon performance.

       IV.    TARGET BONUS:  As a member of the senior management team, you will
              participate in the annual incentive cash compensation pool. The
              amount of the bonus pool is subject to the financial performance
              of the Company based on the 2000 budget submitted by management
              and approved by the Board of Directors. If the overall targets of
              the company are achieved, you will be eligible to receive a bonus
              up to fifty percent (50%) of your base salary. The bonus pool is
              determined by the financial levels achieved by the Company. Fifty
              percent (50%) of your bonus is awarded based on your percentage of
              the overall bonus pool for the Company, (25%) is subject to
              achieving individual targets related to your job responsibilities
              (cash management, payables, etc.) and twenty five percent (25%) is
              discretionary as determined by the CEO and Board of Directors.
              Bonuses are paid in March after a final determination of the
              financial performance of TTM and are pro-rated for your period of
              employment.

       V.     SIGNING BONUS:  You will receive an initial signing bonus of
              $20,000 upon joining TTM with an effective date of February 25,
              2000. A portion of this signing bonus is designed to compensate
              you for the work that you will be doing during the interim period
              prior to officially joining TTM.

       VI.    OPTIONS:  Your option package will equate to $330,000 of equity in
              TTM Technologies, Inc. at the financial sponsor cost. Fifty
              percent (50%) of the options are subject to an eight-year cliff
              vesting, but they have the opportunity to accelerate based on
              achieving designated IRR targets as calculated at the time of a
              liquidity event for the sponsors. The remaining fifty percent
              (50%) are time-vesting over a five-year period. Additionally, you
              will have the opportunity to earn options that equate up to an
              additional $120,000 of

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              equity (at the then current price) over a two-year period for
              exceptional performance to be determined at the sole discretion of
              the CEO and the Board of Directors.

       VII.   BENEFITS:  You will participate in TTM's standard benefits
              package, and can speak with TTM's director of human resources to
              understand the specific program.

       VIII.  VACATION:  You will receive a vacation package of four weeks
              (20 days). You may not take this vacation at a time deemed
              detrimental to the company and you make not take any more than
              two weeks at one time.

       IX.    SEVERANCE:  Given that you are joining TTM during a period of
              significant merger discussions with "Cascade" Corporation, TTM
              will provide you with the following severance package to protect
              you against unforeseen circumstances. If the merger is
              consummated during calendar year 2000 and you are given an
              opportunity to assume the CFO position and choose not to assume
              the CFO position in the new entity for whatever reason, you will
              be paid $50,000 in a single lump-sum payment, or, if your services
              are no longer required and your employment is terminated without
              cause, you will be paid $150,000 in a single lump-sum payment. If
              the merger is consummated after calendar year 2000, and if your
              termination of employment is without cause or demonstrably arises
              from the Cascade transaction or some other transaction which is
              consummated after calendar year 2000, you will receive continued
              payments of your then-current base rate salary until the earlier
              of six months following your termination of employment or until
              you find another job. No payments of severance will be made under
              this provision until you shall have executed a release in form and
              substance satisfactory to the company then employing you and any
              applicable release revocation period shall have expired.

       X.     AT-WILL EMPLOYMENT:  Your employment with TTM will be "at-will",
              subject only to the provisions in section IX of this offer letter.
              This is the full and complete agreement between you and TTM
              regarding this term of your employment. During your employment
              with TTM, you will be expected to devote your full business time,
              attention and energies to the performance of your duties with TTM.

       While this letter is meant to outline our understanding with respect
       to your employment, it is not an employment contract. Upon joining
       TTM, you will execute all appropriate agreements.

       I look forward to working together.


       Best Regards,

       /s/ Kent Alder

       Kent Alder
       Chief Executive Officer


   CC: Jeff Goettman
       Mike Moran
       Doug McCormick


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       Phil Carpenter


    Received and Acknowledged:

    /s/ Stacey Peterson
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    Stacey Peterson

    Dated as of February 25, 2000


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