Document:

Amendment No. 1 to Non-Exclusive Distributor Agreement

 EXHIBIT 10.10 
 NOTE: Portions of this Exhibit are the subject of a Confidential Treatment Request by the Registrant to the Securities and Exchange Commission (the “Commission”). Such portions have been
redacted and are marked with a “[***]” in the place of the redacted language. The redacted information has been filed separately with the Commission. 

 

 

 July 31, 2006 
 Mark Chen, VP of Sales 
 Promate Electronic Co., Ltd. 
 4F 32, Sec. 1 Huan Shan Rd. 
 Nei Hu, Taipei, Taiwan, 
 R.O.C. 
 Re:    AMENDMENT NO. 1
TO DISTRIBUTION AGREEMENT 
 Dear Mark: 
 Reference is made to the Non-Exclusive Distributor Agreement dated September 12th, 2005 (the Agreement) between Alpha and Omega Semiconductor (Hong Kong) Limited (the Company or AOS) and Promate
Electronic Co., Ltd. (the Distributor), with respect to the Distributor’s appointment as a non-exclusive distributor of certain products of the Company. The parties agree that the following additional terms shall govern the parties’
relationship under the Agreement: 
 Ship & Debit Process: 
  

	1)	The ship & debit process is effective on August 1, 2006 until the termination date, which is determined by the Company. All shipment and invoice to the
Distributor from August 1, 2006 onwards will be based on the current applicable price book. All orders will be placed according to the current applicable price book until another version of AOS price book is released; 

 

	2)	Key Account Ship & Debit – Key Accounts refer to those end-customers designated and approved by the Company. The profit margin by Key Account is
pre-approved on the Key Account Rebate Form. Ship-Debit claim will be submitted by the Distributor using the “Ship Debit Data” form. “RFQ” MUST BE APPROVED BY AOS IN ADVANCE AND BEFORE ANY SHIPMENT. CREDIT NOTE WILL BE ISSUED
BASED ON RFQ #. 

  

	3)	Non-Key Account – AOS will process the Non-Key Account claim on a case by case basis. “RFQ” MUST BE APPROVED BY AOS IN ADVANCE AND BEFORE ANY SHIPMENT.
CREDIT NOTE WILL BE ISSUED BASED ON RFQ#. 

  

	4)	Ship & Debit rebate will be claimed on a monthly basis. 

  

	5)	Ship & Debit claim must be submitted after the completion of POS reconciliation by the Distributor. No claim will be accepted before the POS reconciliation is
completed by the Distributor and reviewed by AOS. 

  

	6)	Credit note will be issued within 10 working days after COMPLETE and ACCURATE claim documents are received by the Company from the Distributor (documents include, but
not limited to, POS data and the related supporting documents such as end-customer PO, invoice, and packing list); 

 

 

 

 

 Stock Rotation: 
  

	1)	Stock Rotation is granted on a quarterly basis. Stock Rotation claim must be filed within one month after the quarter-end. The first rotation under the program will be
from April 1, 2006 to September 30, 2006, and the first rotation claim should be filed no later than October 31, 2006. 

  

	2)	Stock Rotation dollar amount is limited up to [***] guarantee and [***] AOS discretionary of net billings for the current quarter. 

  

	4)	The look back period is the six months from the last day of each quarter (e.g. stock rotation for the quarter ended September 30, 2006, the look back period is
from April 1, 2006 to September 30, 2006). 

  

	5)	The Distributor can elect to rotate any of its inventories with ship-in date in the look back period. 

  

	6)	Stock Rotation will only be granted when ONE NONCANCELLABLE REPLACEMENT ORDER with equal or higher dollar amount is placed with AOS and the CSD day has to be within the
same quarter. 

 In the event of any conflict or inconsistency between the terms and conditions of this letter and
the Agreement, the terms of this letter shall prevail. Except as specifically, and to the extent, modified by this letter, all the terms and conditions of the Agreement shall continue to remain unchanged and in full force and effect and shall apply,
as applicable, to the parties under this letter. This letter, together with the Agreement, constitutes the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof. 
 If the foregoing represents your understanding of our agreement and is acceptable to you, please indicate your agreement by executing this
letter where indicated below and returning a copy to me. 
 Sincerely, 
 Jonus Chen 
 Senior Director of Asia Regional Sales 
 Agreed to this 12 day of October, 2006 
 Promate Electronic Co., Ltd. 
  

			
	 By:
	 	 /s/ Mark Chen

	 Name:
	 	 Mark Chen

	 Title:
	 	 VP of Sales

  
 ***CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE
COMMISSION***Form of Indemnification Agreement

 Exhibit 10.11 
 FORM OF INDEMNIFICATION AGREEMENT 
 This
Indemnification Agreement (“Agreement”) is made as of by and between Alpha and Omega Semiconductor Limited, a Bermudian company (the “Company”), and
            (“Indemnitee”). 
 WHEREAS, the Company wishes
to attract and retain the services of Indemnitee, to serve as a member of the board of directors (“Director”) or as an officer (“Officer”) of the Company; and 
 WHEREAS, the Company recognizes Indemnitee’s need for protection against personal liability for actions taken, or not taken, in good
faith by Indemnitee in his or her capacity as a Director or Officer, as applicable, and in order to assure Indemnitee’s continued service to the Company, the Company wishes to provide in this Agreement for the indemnification of and the
advancing of expenses to Indemnitee; 
 NOW, THEREFORE, the parties hereto hereby agree as follows: 
 1. Indemnification. Subject to the operation of Section 2, Indemnitee will be indemnified and held harmless by the Company to the
fullest extent authorized by the Companies Act of Bermuda (the “Companies Law”), as the same exists or may hereafter be amended (but, in the case of any such amendment, only to the extent that such amendment permits the Company to provide
broader indemnification rights than such law permitted the Company to provide prior to such amendment) against any and all Expenses (as defined below), judgments, penalties, fines and amounts paid in settlement, in each case to the extent actually
incurred by Indemnitee or on Indemnitee’s behalf in connection with any threatened, pending or completed Proceeding (as defined below) or any claim, issue or matter therein, which Indemnitee is, or is threatened to be made, a party to or
participant in by reason of such Indemnitee’s status as a Director or Officer of the Company, as the case may be, if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of
the Company and, with respect to any criminal Proceeding, had no reasonable cause to believe his or her conduct was unlawful. The rights of indemnification provided by this Section 1 will exist as to Indemnitee after he or she has ceased to be
a Director or Officer, as the case may be, and will inure to the benefit of his or her heirs, executors, administrators and personal representatives. Notwithstanding the foregoing, the Company will indemnify Indemnitee seeking indemnification in
connection with a Proceeding initiated by Indemnitee only if such Proceeding was authorized by the Board of Directors of the Company. the Company hereby agrees to indemnify such Indemnitee’s heirs, executors, administrators and personal
representatives as express third-party beneficiaries hereunder to the same extent and subject to the same limitations applicable to Indemnitee hereunder for claims arising out of the status of such persons as heirs, executors, administrators and
personal representatives of an Indemnitee. 
 2. Good Faith. No indemnification will be provided pursuant to this
Agreement if a determination is made by a court of appropriate jurisdiction that Indemnitee did not act in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company and, with respect to
any criminal Proceeding, that Indemnitee had reasonable cause to believe his or her conduct was unlawful. 
 3.
Notice/Cooperation by Indemnitee. Indemnitee will, as a condition precedent to his or her right to be indemnified pursuant to this Agreement, give the Company notice in writing as soon as practicable of any claim made against Indemnitee for
which indemnification will or could be sought under this Agreement. Such notice will contain the written affirmation of Indemnitee that the standard of conduct necessary for indemnification hereunder has been satisfied. Notice to the Company will be
directed to the Chief Executive Officer or Chairman of the Board of the Company in the manner set forth below. Indemnitee will give the Company such information and cooperation as it may reasonably require and as is within Indemnitee’s power. A
delay in giving notice under this Section 3 will not invalidate Indemnitee’s right to be indemnified under this Agreement except to the extent such delay prejudices the defense of the claim or the availability to the Company of insurance
coverage for such claim. All notices, requests, demands and other communications under this Agreement will be in writing and may be given by email, facsimile or similar writing and express mail or courier delivery or in person delivery,

 
but not by ordinary mail delivery. All such notices, requests and other communications will be deemed received: (i) if given by email or fax, when transmitted to the email address or fax
number specified on the signature page of this Agreement, upon receipt; (ii) if given by express mail, air courier or in person, when delivered. 
 4. Advancement of Expenses to Indemnitee Prior to Final Disposition. The Company will advance all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding in which
Indemnitee is involved by reason of Indemnitee’s status as a Director or Officer of the Company, as the case may be, within 10 days after the receipt by the Company of a written statement from Indemnitee requesting such advance or advances from
time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements will reasonably evidence the Expenses incurred by Indemnitee and will be preceded or accompanied by an undertaking by or on behalf of
Indemnitee to repay any Expenses so advanced if it is ultimately be determined that such Indemnitee is not entitled to be indemnified against such Expenses. Indemnitee’s obligation to reimburse the Company for any Expenses will be unsecured and
will be accepted by the Company without reference to Indemnitee’s ability to repay Expenses. 
 5. Nature of Rights.
The failure of the Company (including its Board of Directors or any committee or subgroup thereof, independent legal counsel, or shareholders) to make a determination concerning the permissibility of such indemnification or advancement of Expenses
for Indemnitee will not be a defense to the action and will not create a presumption that such indemnification or advancement is not permissible. It is the parties’ intention that if the Company contests Indemnitee’s right to
indemnification, the question of Indemnitee’s right to indemnification will be for the court of appropriate jurisdiction to decide, and neither the failure of the Company (including its Board of Directors, any committee or subgroup of the Board
of Directors, independent legal counsel, or its shareholders) to have made a determination that indemnification of Indemnitee is proper in the circumstances because Indemnitee has met the applicable standard of conduct required by applicable law,
nor an actual determination by the Company (including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its shareholders) that the Indemnitee has not met such applicable standard of conduct
will create a presumption that Indemnitee has or has not met the applicable standard of conduct. Accordingly, if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent jurisdiction to secure a determination that
Indemnitee is entitled to be indemnified hereunder under applicable law, then (x) Indemnitee will not be required to reimburse the Company for any Expenses theretofore paid in indemnifying Indemnitee and (y) Indemnitee will be entitled to
receive interim payments of Expenses pursuant to Section 4, in each case until a determination is made by such court in respect of Indemnitee’s claim for indemnification. 
 6. Non-Exclusivity of Rights. The rights to indemnification and advancement of Expenses set forth in this Agreement will not be
exclusive of any other right that Indemnitee may have or may hereafter acquire under any statute, provision of the Second Amended and Restated Bye-Laws of the Company, vote of shareholders or Directors of the Company or otherwise. 
 7. Partial and Mandatory Indemnification. 
 (a) If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of the Expenses, judgments, fines or penalties actually or reasonably incurred
by him or her in the investigation, defense, appeal or settlement of any Proceeding, but not, however, for the total amount thereof, the Company will nevertheless indemnify Indemnitee for the portion of such Expenses, judgments, fines or penalties
to which Indemnitee is entitled. Attorneys’ fees and expenses will not be prorated but will be deemed to apply to the portion of indemnification to which Indemnitee is entitled. (b) Notwithstanding any other provision of this Agreement,
but subject to Section 8, to the extent that Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in defense of any Proceeding, Indemnitee will be indemnified
against all Expenses incurred by Indemnitee in connection therewith. 
 8. Mutual Acknowledgment. By accepting any
potential benefits under this Agreement, Indemnitee acknowledges that in certain instances, applicable law or public policy may prohibit the Company from indemnifying Indemnitee pursuant to this Agreement or otherwise. 
  

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 9. Insurance. The Company may maintain insurance, at its expense, to protect itself
and Indemnitee against any liability of any character asserted against or incurred by the Company or Indemnitee, or arising out of Indemnitee’s status as a Director or Officer of the Company, as the case may be, whether or not the Company would
have the power to indemnify Indemnitee against such liability under the Companies Law or the provisions of this Agreement. To the extent the Company maintains liability insurance applicable to directors, officers, managers, employees, agents or
fiduciaries, Indemnitee will be covered by such policies in such a manner as to provide Indemnitee the same rights and benefits as are provided to the most favorably insured of the Company’s directors, officers, managers, employees, agents or
fiduciaries. 
 10. Settlements. The Company will not be liable to Indemnitee under this Agreement for any amounts paid
in settlement of any threatened or pending Proceeding effected without the Company’s prior written consent. The Company will not, without the prior written consent of the Indemnitee, effect any settlement of any threatened or pending Proceeding
which Indemnitee is or could have been a party unless such settlement solely involves the payment of money and includes a complete and unconditional release of the Indemnitee from all liability on any claims that are the subject matter of such
Proceeding. Neither the Company nor Indemnitee will unreasonably withhold its consent to any proposed settlement; provided that Indemnitee may withhold consent to any settlement that does not provide a complete and unconditional release of
Indemnitee. 
 11. Definitions. For purposes of this Agreement, the following terms will have the following meanings:

 (a) “Expenses” means all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of expert
witnesses, private investigators and professional advisors (including, without limitation, accountants and investment bankers), travel expenses, duplicating costs, printing and binding costs, costs of preparation of demonstrative evidence and other
courtroom presentation aids and devices, costs incurred in connection with document review, organization, imaging and computerization, telephone charges, postage, delivery service fees, and all other disbursements, costs or expenses of the type
customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settling or otherwise participating in, a Proceeding. 
 (b) “Proceeding” means any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism,
inquiry, investigation, administrative hearing or other proceeding, whether civil, criminal, administrative, arbitrative or investigative. 
 12. Counterparts. This Agreement may be executed in one or more counterparts, each of which will constitute an original and all of which together will constitute a single agreement. 
 13.Successors and Assigns. This Agreement will be binding upon the Company and its respective successors and assigns, including any
constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which the Company (or any of its wholly owned subsidiaries) is a party which, if its separate existence had continued, would have had power
and authority to indemnify its directors, officers, employees, agents or fiduciaries, so that if Indemnitee is or was a director, officer, employee, agent or fiduciary of such constituent corporation, or is or was serving at the request of such
constituent corporation as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, Indemnitee will stand in the same position under the provisions of
this Agreement with respect to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate existence had continued. 
 14. Attorneys’ Fees. In the event that any action is instituted by Indemnitee under this Agreement to enforce or interpret any
of the terms hereof, Indemnitee will be entitled to be paid all court costs and expenses, including reasonable attorneys’ fees, incurred by Indemnitee with respect to such action, unless as a part of such action, the court of competent
jurisdiction determines that each of the material assertions made by Indemnitee as a basis for such action were not made in good faith or were frivolous. In the event of an action instituted by or in the name

  

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of the Company under this Agreement or to enforce or interpret any of the terms of this Agreement, Indemnitee will be entitled to be paid all court costs and expenses, including reasonable
attorneys’ fees, incurred by Indemnitee in defense of such action (including with respect to Indemnitee’s counterclaims and cross-claims made in such action), unless as a part of such action the court determines that each of
Indemnitee’s material defenses to such action were made in bad faith or were frivolous. 
 15. Choice of Law. This
Agreement will be governed by and its provisions construed in accordance with the laws of the State of California, without application of the conflict of law principles thereof. 
 16. Consent to Jurisdiction. The Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or
proceeding arising out of or in connection with this Agreement shall be brought only in the superior court of the State of California in and for the proper county (the “California Court”), and not in any other state or federal court in the
United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the California Court for purposes of any action or proceeding arising out of or in connection with this Agreement,
(iii) appoint, to the extent such party is not otherwise subject to service of process in the State of California, irrevocably [name            ]
[address            ] as its agent in the State of California for acceptance of legal process in connection with any such action or proceeding against such party with the same legal force
and validity as if served upon such party personally within the State of California, (iv) waive any objection to the laying of venue of any such action or proceeding in the California Court, and (v) waive, and agree not to plead or to
make, any claim that any such action or proceeding brought in the California Court has been brought in an improper or inconvenient forum. 
 17. Severability. The provisions of this Agreement will be severable in the event that any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held
by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and the remaining provisions will remain enforceable to the fullest extent permitted by law. Furthermore, to the fullest extent possible, the provisions of the
Agreement (including without limitation each portion of this Agreement containing any provision held to be invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) will be construed so as to give effect to the
intent manifested by the provision held invalid, illegal or unenforceable. 
 18. Subrogation. In the event of payment
under this Agreement, the Company will be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who will execute all documents required and will do all acts that may be reasonably necessary to secure such rights
and to enable the Company effectively to bring suit to enforce such rights. 
 19. Amendment and Termination. No
amendment, waiver or termination of this Agreement will be effective unless it is in writing signed by both the parties hereto. No waiver of any of the provisions of this Agreement will be deemed to be or will constitute a waiver of any other
provisions hereof (whether or not similar), nor will such waiver constitute a continuing waiver. 
 20. Integration and
Entire Agreement. This Agreement sets forth the entire understanding between the parties hereto and supersedes and merges all previous written and oral negotiations, commitments, understandings and agreements relating to the subject matter
hereof between the parties hereto. 
 21. No Construction as Employment Agreement. Nothing contained in this Agreement
will be construed as giving Indemnitee any right to be retained in the employ of the Company or any of its subsidiaries or affiliated entities. 
 [SIGNATURE PAGE FOLLOWS] 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
above written. 
  

			
	Alpha and Omega Semiconductor Limited
		
	By:	 	 
	Name:	 	
	Title:	 	
	Address:
	Email:
	Fax:

			
	
	 INDEMNITEE
 [NAME]

	 Signature:
	 	  

	 Title:
	 	
	 Address:
	 	
	  

	  

	  

	 Email:
	 	
	 Fax:
	 	

 [Signature Page to Indemnification Agreement] 
  

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