Document:

Exhibit 10.1

 

UST #10

 

UNITED
STATES DEPARTMENT OF THE TREASURY

1500
Pennsylvania Avenue, NW

Washington, D.C.  20220

 

June 30, 2009

 

Ladies and Gentlemen:

 

Reference is made to that
certain letter agreement (the “Repurchase
Letter Agreement”), dated as of the date set forth on Schedule A
hereto, between the United States Department of the Treasury (the “Investor”) and the company set forth on
Schedule A hereto (the “Company”). Capitalized
terms used but not defined herein shall have the meanings assigned to them in
the Repurchase Letter Agreement.

 

As documented by the
Repurchase Letter Agreement, the Company has completed the repurchase from the
Investor of all of the Preferred Shares issued to the Investor pursuant to the
Securities Purchase Agreement. Following such time, the Company delivered a
Warrant Repurchase Notice dated as of the date set forth on Schedule A hereto
to the Investor. In connection with the consummation, on the date hereof, of
the repurchase of the Warrant by the Company from the Investor, as contemplated
by the Warrant Repurchase Notice and Section 4.9 of the Securities
Purchase Agreement:

 

(a)           The Company hereby acknowledges receipt from the Investor
of the Warrant; and

 

(b)           The Investor hereby acknowledges receipt from the Company
of a wire transfer to the account of the Investor set forth on Schedule A
hereto in immediately available funds of the aggregate purchase price set forth
on Schedule A hereto, representing payment in full for the Warrant, determined
in accordance with Section 4.9 of the Securities Purchase Agreement.

 

This letter agreement will
be governed by and construed in accordance with the federal law of the United
States if and to the extent such law is applicable, and otherwise in accordance
with the laws of the State of New York applicable to contracts made and to be
performed entirely within such State.

 

This letter agreement may be executed in any number
of separate counterparts, each such counterpart being deemed to be an original
instrument, and all such counterparts will together constitute the same
agreement. Executed signature pages to this letter agreement may be
delivered by facsimile and such facsimiles will be deemed sufficient as if
actual signature pages had been delivered.

 

1

 

In witness whereof, the parties have duly executed
this letter agreement as of the date first written above.

 

	
   

  	
  UNITED STATES
  DEPARTMENT OF THE

  
	
   

  	
  TREASURY

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Herbert M.
  Allison, Jr.

  
	
   

  	
  Name:

  	
  Herbert M. Allison, Jr.

  
	
   

  	
  Title:

  	
  Assistant Secretary for
  Financial Stability

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  HF FINANCIAL CORP.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Curtis L. Hage

  
	
   

  	
  Name: Curtis L. Hage

  
	
   

  	
  Title: Chairman and Chief Executive Officer

  
	
   

  	
   

  
				

 

2

 

Left Blank Intentionally

 

3

 

	
   

  	
   

  	
  SCHEDULE
  A

  
	
   

  	
   

  	
   

  
	
  Company Information:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Name of the Company:

  	
   

  	
  HF Financial Corp.

  
	
   

  	
   

  	
   

  
	
  Corporate or other organizational form of the  Company: 

  	
   

  	
  Corporation 

  
	
   

  	
   

  	
   

  
	
  Jurisdiction of organization of the Company:

  	
   

  	
  Delaware

  
	
   

  	
   

  	
   

  
	
  Information
  related to the Preferred Share Repurchase:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date of Repurchase Letter Agreement for the  repurchase of all of the
  Preferred Shares: 

  	
   

  	
  June 3, 2009 

  
	
   

  	
   

  	
   

  
	
  Terms
  of the Warrant Repurchase:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date of Warrant Repurchase Notice:

  	
   

  	
  June 10, 2009

  
	
   

  	
   

  	
   

  
	
  Aggregate purchase price
  for the Warrant:

  	
   

  	
  $650,000

  
	
   

  	
   

  	
   

  
	
  Investor
  wire information for payment of purchase price for the Warrant:

  	
  The Bank of New York Mellon  

  ABA # 

  GLA/

  Ref :

  Ref:March 31 2009 10K Exhibit 10.19

Exhibit 10.19
 

TRANSITION SERVICES AGREEMENT

THIS TRANSITION SERVICES AGREEMENT (this "Agreement") is entered into as of February 18, 2009, by
and between Maxim Integrated Products, Inc., a Delaware corporation ("Purchaser"), and ZiLOG, Inc., a Delaware
corporation ("Seller").  Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such
terms in the Purchase Agreement (as defined below).

RECITALS

WHEREAS, pursuant to that certain Asset Purchase Agreement (the "Purchase Agreement"), dated as of the
date hereof, by and among Purchaser, Purchaser 2, Purchaser 2 Parent and Seller, Purchaser has acquired from Seller certain assets
associated with the Sale Business; and

WHEREAS, Seller has agreed to provide Purchaser certain services necessary for the operation of the Sale Business following the
Closing, pursuant to and in accordance with the terms of this Agreement.

NOW, THEREFORE, in consideration of the premises, covenants and representations set forth herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, and pursuant to the Purchase Agreement, Seller and Purchaser
hereby agree as follows:

                                   ARTICLE I

SERVICES

1.1    Services.

	As partial consideration for Purchaser's payment of the Total Consideration and subject to the terms and conditions of this Agreement,
from and after the Closing Date and until the termination or expiration of this Agreement (the "Transition Period")
pursuant to Article III below, Seller shall provide, and, as applicable, cause its Affiliates, Representatives and Authorized Third Parties (as
defined below) to provide, to Purchaser, at no additional charge to Purchaser (except as set forth on Exhibit A attached hereto and
Section 4.1), the services described on Exhibit A attached hereto (the "Initial Services"), in accordance with the
terms and conditions set forth therein.

	Seller shall observe and comply in all material respects with any and all applicable laws and use commercially reasonable efforts to
comply with any confidentiality, security, privacy or other policies of Purchaser, relating to the performance of the Services (as defined
below).

	To the extent reasonably practicable, Seller agrees to pass through to Purchaser any rights Seller may have with respect to Authorized
Third Parties in connection with any failure by such Authorized Third Parties to observe and comply in all material respects with

all applicable laws or to comply with any confidentiality, security, privacy or other policies of Seller or Purchaser relating to the performance of the
Services.

1.2    Additional Services.  The Initial Services may not include all of the transition services that Purchaser will ultimately require
following the date of this Agreement.  In the event and to the extent additional transition services are required by Purchaser which have not
been addressed herein and which are identified in writing by the Purchaser in writing within 90 days of the date hereof (the
"Additional Services" and, together with the Initial Services, the "Services"), including, without
limitation, software, technology, technical services and support functions, Seller and Purchaser shall work together in good faith to provide for
the Additional Services, in accordance with such reasonable terms upon which Seller and Purchaser shall agree in writing, designed to
support Purchaser's operation of the Sale Business during the Transition Period or such shorter period as Seller and Purchaser shall agree in
writing.

1.3    Service Coordinators.  Each of Seller and Purchaser shall nominate a representative to act as the primary contact person with
respect to the provision of the Services (each such person, a "Service Coordinator").  The Service Coordinators shall be
managerial level employees of Purchaser and Seller, as applicable.  The initial Service Coordinators shall be Kelly Salone for Seller and
Clayton Ware for Purchaser, and each of their respective phone numbers, facsimile numbers and email addresses is set forth on
Schedule 1.3 attached hereto.  Each of Seller and Purchaser may, in its sole discretion, change its Service Coordinator from time to
time by providing written notice to the other party of such change and the relevant contact information for such new Service Coordinator at
least five (5) Business Days prior to such change taking effect.  Unless Seller and Purchaser otherwise agree in writing, all communications
relating to this Agreement or to the Services shall be directed to the Service Coordinators in accordance with Section 5.3 hereof.

1.4    Personnel.  In providing any Service, Seller shall use commercially reasonable efforts to make available to Purchaser during
regular business hours (a) the same employees who are providing such Service to Seller as of the date of this Agreement or those other
employees approved in writing by Purchaser (the "Service Employees"), and (b) the contractors or other third party
providers who are providing such Service to Seller as of the date of this Agreement or those other third party providers approved in writing by
Purchaser (collectively, the "Authorized Third Parties").  For avoidance of doubt, with respect to any particular Service, if
Exhibit A sets forth a specific Authorized Third Party to provide such Service, Seller shall only use such Authorized Third Party to
provide such Service.  In the event any Service Employee or Authorized Third Party is terminated or terminates its relationship with Seller
(the "Departing Party"), Seller shall promptly replace the Departing Party with a replacement employee, contractor or
other third party provider, as applicable; provided that such replacement employee, contractor or other third party provider has a skill
set and level of experience substantially similar than the Departing Party.  

1.5    Insurance.  During the Transition Period, Seller shall maintain adequate general liability, employee and workman's
compensation insurance for the conduct of the Services in form and coverage consistent with Seller's current coverage.  Seller shall provide
certificate(s) of insurance to Purchaser evidencing insurance in compliance with the foregoing.

                                               2

1.6    Liens.  Seller shall not permit any lien or other encumbrance to be placed upon any assets or other materials owned by
Purchaser or any of its Affiliates, Representatives or Authorized Third Parties that are transported, shipped, warehoused or otherwise held in
custody of Seller on behalf of Purchaser in performing the Services.

1.7    Access.  Seller shall grant Purchaser reasonable access to Seller's premises and personnel during Seller's business hours to
allow Purchaser to confirm that the Services are performed as set forth in this Agreement.  

1.8    Premises.  Until such time as Purchaser is able to transfer the Transferred Employees to its own premises, Seller shall allow
such Transferred Employees to conduct their work for Purchaser in Seller's premises and allow reasonable use of Seller's office equipment,
including computers used by such Transferred Employees as Seller's employees.  Purchaser shall use its commercially reasonable efforts to
transfer such Transferred Employees to its own premises as promptly as possible after the date hereof.

                                   ARTICLE II

QUALITY OF SERVICES; LIMITATION OF LIABILITY; INDEMNIFICATION

2.1    Quality of Services.

	With respect to the Services provided by Seller, Seller represents and warrants that the Services will be performed in a timely,
efficient, workmanlike and commercially reasonable manner in all material respects and in a fashion intended to support the Sale Business as
such business is conducted as of the date hereof, and, with respect to specific Services, in accordance with the standards, if any, set forth in
Exhibit A attached hereto, as applicable, with respect to such Services.  Without limiting the generality of the foregoing, the Services
to be provided by Seller will be provided at the same general level of service, with the same degree of care (which in no event may be less
than reasonable care), with similar response times, to the same extent, and in a manner similar in all material respects to the manner in which
such Services have been provided by Seller's business over the previous twelve (12) months, unless a higher standard for any particular
Service is set forth in Exhibit A attached hereto.  In the event of a conflict in the scheduling of Service Employees, contractors or
other resources by Seller between the internal needs of Seller and the requirements for performing the Services, Seller shall make
commercially reasonable efforts to allocate the Service Employees, contractors and resources so that the Services are provided to Purchaser
in a timely and responsive manner.

	To the extent reasonably practicable, Seller agrees to pass through to Purchaser any warranties provided by third party service providers
or subcontractors employed to provide the Services.

	In the event of an alleged breach, default or nonperformance of any obligation under this Agreement by Seller or Purchaser, the other
party shall provide prompt written notice to the breaching party setting forth in reasonable detail the nature and extent of the alleged breach,
default or nonperformance.  The breaching party will then have a period of ten (10) Business Days in which to initiate actions reasonably
designed to cure such alleged breach,

                                               3

default or nonperformance, and all such deficiencies shall, in any case, be cured within fifteen (15)
days following receipt by the breaching party of notice thereof.

2.2    Specific Performance.  Seller acknowledges that the rights of Purchaser to enforce the covenants and agreements made in this
Agreement is special, unique, and of extraordinary character, and that, in the event Seller violates or fails or refuses to perform any covenant
or agreement made by it herein, Purchaser may be without adequate remedy at law.  Seller agrees, therefore, that, in the event it fails or
refuses to perform, or otherwise violates, any covenant or agreement made by it herein, Purchaser shall, in addition to any remedies
available at law, be entitled to seek specific performance of such covenant(s) or agreement(s) and any other equitable remedy.

2.3    Indemnification.  Seller shall indemnify and hold harmless Purchaser and its Affiliates from and against any and all Damages
incurred by Purchaser or its Affiliates, to the extent that any such Damages result from the gross negligence or willful misconduct of Seller or
its Affiliates in the performance of Seller's obligations hereunder. To the extent reasonably practicable, Seller agrees to pass through to
Purchaser any indemnification obligations of Authorized Third Parties in connection with any Services that such Authorized Third Parties may
provide to Purchaser hereunder. 

2.4    Trademark License.  

	Subject to all terms and conditions of this Agreement, Seller grants to Purchaser a limited, non-exclusive, non-transferable (except as set
forth in Section 5.8 below), non-assignable (except as set forth in Section 5.8 below), worldwide, royalty-free, fully paid-up license (without
right to sublicense), under any Marks owned by Seller and used in the conduct of the Sale Business (the "Seller Marks"):

	with respect to any Inventory that exists as of the Closing Date or is manufactured during the Transition Period that bears any of the
Seller Marks, to sell such Inventory until four (4) years after the date hereof;

	with respect to any Mask for the Seller Products that incorporate any of the Seller Marks, to use such Masks in connection with the
operation of the Sale Business;

	with respect to any end-user Documents for Seller Products transferred to Purchaser, to distribute such Documents that may display any
Seller Marks in connection with the sale or offer for sale of any Seller Products until four (4) years after the date hereof, provided that such
Documents bear a prominent notice on the front cover identifying Purchaser as the source of such Documents and stating that references to
Seller in such Documents should be construed as references to Purchaser; and

	for ninety (90) days following the Closing, with respect to marketing activities only, to use Seller Marks on Purchaser's website solely to
announce that the Seller Products formerly sold by Seller are now offered for sale by Purchaser.  

                                               4

	In order to preserve the inherent value of the Seller Marks, for so long as the license granted by Seller to Purchaser under this Section
2.4 remains in effect, Purchaser shall maintain a level of quality with respect to any Inventory that exists as of the Closing Date or is
manufactured during the Transition Period that bears any of the Seller Marks equal to the level of quality of such Inventory as delivered by
Seller to Purchaser.

	As between the parties, the parties acknowledge and agree that Seller owns all right, title and interest in and to the Seller Marks and all
goodwill associated therewith, subject to the license granted by Seller to Purchaser under this Section 2.4.  Purchaser acknowledges and
agrees that all use of the Seller Marks under this Agreement shall inure to the benefit of Seller.

	Purchaser acknowledges and agrees that it is not authorized to apply the Seller Marks to any products or product documentation that are
not part of the Transferred Assets.  Purchaser may not use any Seller Marks in direct association with another mark such that the two appear
to be a single mark or in any other composite manner with any marks of Purchaser or any third party.  Without limiting the foregoing,
Purchaser's usage of the Seller Marks pursuant to this Agreement shall be in a manner consistent, in all material respects, with Seller's
trademark usage guidelines attached hereto as Exhibit B.

                                   ARTICLE III

TERM AND TERMINATION OF THE SERVICES

3.1    Term.  Unless earlier terminated pursuant to Section 3.2, with respect to each of the Services (or any portion thereof), the term
of this Agreement as related thereto will be for a period commencing as of the Closing Date and continuing until the earlier of (a) February __,
2010 and (b) the termination pursuant to Section 3.2 by Purchaser of all the Services to be provided by Seller under this Agreement.  For
purposes of this Agreement, the term "Service Period" shall mean, with respect to any particular Service, the period
between the date hereof and the date of termination of such Service pursuant to the terms of this Article III.

3.2    Termination.

	Any of the Services, or any portion thereof, may be terminated by Purchaser, in its sole discretion, at any time by furnishing thirty (30)
calendar days prior written notice to Seller of Purchaser's intention to terminate the applicable Service, which written notice shall specify (i)
the Service (or portion thereof) being terminated and (ii) the date on which the Service (or portion thereof) shall be terminated;
provided, however, that Purchaser shall be responsible for the payment of any and all charges and fees owed to Seller
under this Agreement for the Service rendered prior to the effective date of the termination.

	Either Seller or Purchaser, with respect to (i) and (ii) below, and Seller, with respect to (iii) below, may immediately terminate this
Agreement by written notice to the other party without any prior notice upon the occurrence of any of the following events: 

	the other party (A) enters into proceedings in bankruptcy or insolvency, (B) makes an assignment for the benefit of creditors, (C) files or
has filed against it

                                               5

any petition under a bankruptcy law, a corporate reorganization law or any other law for relief as a debtor (or similar law in
purpose or effect) or (D) enters into liquidation or dissolution proceedings;

	the other party materially breaches any of its obligations hereunder and such breach remains uncured for the applicable period specified
in Section 2.1(c); or

	any amount or fee due under this Agreement remains unpaid by Purchaser for a period of more than fifteen (15) days following
Purchaser's receipt of a notice of delinquency.

3.3    Post-Termination Cooperation.  Upon termination of any particular Service pursuant to this Article III (other than termination
pursuant to Section 3.2(b)), Seller shall make commercially reasonable efforts to provide such cooperation and assistance necessary to
enable successful transition of the functions previously served by such terminated Service from Seller to Purchaser.

3.4    Survival of Certain Obligations.  Without prejudice to the survival of other agreements of the parties, the right of Seller to receive
the applicable payments for fees, if any, for the Services rendered prior to the effective date(s) of termination of such Services under this
Agreement shall survive the termination or expiration, in whole or in part, of this Agreement.  In addition, Section 2.3, Section 2.4, Section 4.2
and Article V shall survive the termination or expiration of this Agreement.

                                   ARTICLE IV

CONSIDERATION; INSPECTION RIGHTS

4.1    Consideration.  To the extent that there are any amounts or fees owed for the Services pursuant to Exhibit A hereto,
Seller will invoice Purchaser monthly in arrears for the Services provided under this Agreement.  Each such invoice shall include (i) a brief
description of the Services performed and (ii) the amount charged for such Services as agreed upon by Seller and Purchaser. The amount
charged shall include sales tax, value added tax, goods and services tax or similar tax imposed as a result of receipt of such Services;
provided, however, that any tax based upon the net income of the Seller or any other Person providing any of the Services shall be excluded
from any amounts charged and shall be the sole responsibility of the Seller or such other Person, as the case may be.   Purchaser will make
payment within thirty (30) days after receipt of any invoice.  Any undisputed amount owing under any invoices for Services that remains
unpaid after such date shall accrue interest as of such date at an annual rate of 5 percent.  

4.2    Inspection Rights.  For a period of twelve (12) months after Purchaser receives an invoice from Seller for the provision of any
Service, Purchaser will be provided, subject to Section 5.1 hereof, such information as it may reasonably request from Seller's books and
records to the extent relating to the provision of such Service hereunder; provided, however, that Purchaser will only use
such information in order to confirm or dispute whether such Service was performed in accordance with this Agreement.

                                               6

                                   ARTICLE V

MISCELLANEOUS

5.1    Confidentiality.  From and after the Closing Date, neither Seller nor Purchaser, nor any of their respective Representatives, shall
use, divulge, furnish or make accessible to anyone (other than such other Representatives and service providers who are required to know in
order to provide the Services hereunder), any proprietary, non-public or other confidential information of the other party provided to it by the
other party in connection with the provision of Services hereunder (including, without limitation, any information known to Seller or Purchaser
concerning the other party's business), except to the extent that disclosure of such information is required by applicable law or the rules and
regulations of any securities exchange (in which case the party shall use commercially reasonable efforts to advise the other party prior to
making such disclosure to provide the other party a reasonable opportunity to review the proposed disclosure and to attempt to obtain a
protective order or other assurance that confidential treatment will be accorded such confidential information) or otherwise becomes publicly
known to the either party without breach of this agreement.  Each of Seller and Purchaser shall use its commercially reasonable efforts to
cooperate with the other party in preserving such proprietary or confidential aspects of the other party's business.

5.2    Entire Agreement; Amendments and Waivers.  This Agreement and the Purchase Agreement contain the entire agreement of
the parties with respect to the subject matter hereof and supersedes all prior agreements, written or oral, with respect thereto.  The exhibits
and schedules to this Agreement are hereby incorporated and made a part hereof and are an integral part of this Agreement.  This
Agreement may be amended or modified and the terms and conditions hereof may be waived, only by a written instrument signed by each of
the parties or, in the case of waiver, by the party waiving compliance.  No delay on the part of any party in exercising any right, power or
privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any party of any right, power or privilege hereunder,
nor any single or partial exercise of any right, power or privilege hereunder, preclude any other or further exercise thereof or the exercise of
any other right, power or privilege hereunder.  The rights and remedies provided herein are cumulative and are not exclusive of any rights or
remedies that any party may otherwise have at law or in equity.

5.3    Notices.  All notices, requests and other communications to any party hereunder shall be in writing (including facsimile
transmission) and shall be given,

if to Purchaser, to:

Mark Casper

   Associate General Counsel

   Maxim Integrated Products, Inc.

   120 San Gabriel Drive

   Sunnyvale, CA 94086

   Facsimile No.: (408) 331-1473

Clayton Ware

                                               7

Business Manager

           Maxim Integrated Products, Inc.

   4401 S. Beltwood Parkway

   Dallas, TX 75244

   Facsimile No.:  (972) 371-6300

with a copy to:

Weil, Gotshal & Manges LLP

   201 Redwood Shores Parkway

   Redwood Shores, CA 94065

   Attention: Craig W. Adas

   Facsimile No.: (650) 802-3100

if to Seller, to:

ZiLOG, Inc.

   6800 Santa Teresa Blvd.

   San Jose, CA 95119

   Attention:  Darin Billerbeck

   Facsimile No.:  (408) 513-1583

with a copy to:

Skadden, Arps, Slate, Meagher & Flom LLP

   525 University Avenue, Suite 1100

   Palo Alto, California  94301

   Attention: Thomas Ivey

   Facsimile No.: (650) 470-4570

or to such other address or facsimile number as such party may hereafter specify for the purpose by notice to each other party hereto.
All such notices, requests and other communications shall be deemed received on the date of receipt by the recipient thereof if received prior
to 5:00 p.m. on a Business Day in the place of receipt.  Otherwise, any such notice, request or communication shall be deemed to have been
received on the next succeeding Business Day in the place of receipt.

5.4    Disputes.  In the event of any controversy or dispute arising out of or relating to this Agreement, the Service Coordinators shall
in good faith attempt to resolve such dispute.  If after 20 days the parties have not reached an agreement with respect to such dispute, either
party may commence legal action pursuant to Section 5.5 below.

5.5    Governing Law; Jurisdiction; Waiver of Jury Trial.  

	This Agreement shall be governed by and construed and interpreted in accordance with the Laws of the State of California applicable to
contracts made and performed in such state without reference to such state's principles of conflicts of law.

                                               8

	Any legal action or proceeding with respect to this Agreement shall be brought in the courts of the State of California in Santa Clara,
California, and, by execution and delivery of this Agreement, the parties hereto hereby accept for themselves and in respect of their property
the jurisdiction and venue of the aforesaid courts in connection with any such action or proceeding.  The parties hereto hereby irrevocably
waive any objection, including any objection to the laying of venue or based on the grounds of forum non conveniens, which any of them may
now or hereafter have to the bringing of any such action or proceeding in such respective jurisdictions.  Each party hereby consents to
process being served in any such action or proceeding by the mailing of a copy thereof to the address set forth in Section 5.3 hereof and
agrees that such service upon receipt shall constitute good and sufficient service of process or notice thereof.  Nothing in this Section 5.5
shall affect or eliminate any right to serve process in any other matter permitted by law.

	EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY.

5.6    Books and Records.  During the Transition Period and for a period of twelve (12) months following the Transition Period, Seller
shall maintain a complete and accurate set of files, books and records of all business activities and operations conducted by Seller related to
the Services provided under the terms of this Agreement, as well as any correspondence related to compliance with any applicable federal,
state and local laws, rules and regulations.

5.7    Severability.  If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other
Governmental Authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this
Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party.  Upon such a
determination, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as
possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the
fullest extent possible.

5.8    Successors and Assignment.  Neither this Agreement nor any of the rights, duties, or obligations of any party hereunder may be
assigned or delegated (by operation of law or otherwise) by either party hereto except as otherwise permitted under this Agreement or with
the prior written consent of the other party hereto; provided, however, that (a) Purchaser may assign all of its rights
hereunder to any of its Affiliates; provided that no such assignment shall relieve Purchaser of its obligations hereunder, and (b)
either party (or the assignee pursuant to clause (a)) has the right to assign all of its rights hereunder to any other Person which acquires all or
substantially all of the assets of the assigning party or all of the equity interests in the assigning party; provided that no such
assignment shall relieve the assigning party of its obligations hereunder.

                                               9

5.9    Headings. Headings of sections and subsections of this Agreement are for convenience of the parties only, and shall be given
no substantive or interpretive effect whatsoever.

5.10    Counterparts.  This Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original but
all of which taken together shall constitute one and the same agreement.

5.11    No Third Party Beneficiaries.  This Agreement shall not confer any rights or remedies upon any Person other than the parties
and their respective permitted successors and assigns.

5.12    Relationship of the Parties.  It is expressly understood and agreed that in rendering the Services hereunder, each of the parties
is acting as an independent contractor and that this Agreement does not make the providing party an employee, agent or other representative
of the other party for any purpose whatsoever.  Neither party has the right or authority to enter into any contract, warranty, guarantee or other
undertaking in the name or for the account of the other party, or to assume or create any obligation or liability of any kind, express or implied,
on behalf of the other party, or to bind the other party in any manner whatsoever, or to hold itself out as having any right, power or authority to
create any such obligation or liability on behalf of the other party or to bind the other party in any manner whatsoever (except as to any
actions taken by a party at the express written request and direction of the other party).  No employee, contractor or subcontractor of any
party shall be deemed to be an employee, contractor or subcontractor of the other party, it being fully understood and agreed that no
employee of any party is entitled to benefits or compensation from the other party.  Each party is wholly responsible for withholding and
payment of all applicable federal, state and local and other payroll taxes with respect to its own employees, including any contributions from
them as required by law.

5.13    Conflict.  In case of conflict between the terms and conditions of this Agreement and any exhibit or schedule hereto, the terms
and conditions of such exhibit or schedule shall control and govern, insofar as such terms and conditions in the exhibit or schedule relate to
the Service that is the subject of such conflict.  In the event of any conflict between the terms of the Purchase Agreement, on the one hand,
and this Agreement and each exhibit or schedule hereto, on the other hand, the terms of the Purchase Agreement shall control and
govern.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

                                               10

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
Maxim Integrated Products, Inc.

 

By:  /s/ Mark Casper

                         Name:  Mark Casper

                         Title:  Associate General Counsel, Secretary

 

ZiLOG, Inc.

 

By:  /s/ Darin G. Billerbeck

                     Name:  Darin G. Billerbeck

                         Title:  President & CEO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}]]