Document:

EX-4.22

 Exhibit 4.22 

EXECUTION VERSION 

2016 NEW TERM LOAN JOINDER AGREEMENT 

(TRANCHE F LOANS) 
 This
2016 New Term Loan Joinder Agreement (this “Agreement”) dated as of September 22, 2016 to the Credit Agreement referenced below is by and among the Tranche F Lenders, the Borrowers and the Administrative Agent (each as defined
below) under the Credit Agreement referenced below. 
 RECITALS: 

Reference is made to the Credit Agreement dated as of December 7, 2015 (as further amended, restated, supplemented or otherwise modified
from time to time, the “Credit Agreement”), among NXP B.V., with its corporate seat in Eindhoven, the Netherlands (the “Company”), NXP Funding LLC, a Delaware limited liability company (the “Co-Borrower” and, together with the Company, the “Borrowers”), the lending institutions from time to time parties thereto, Credit Suisse AG, as Administrative Agent (in such capacity, the
“Administrative Agent”) and Morgan Stanley Senior Funding, Inc., as Collateral Agent. 
 Pursuant to Section 2.14 of
the Credit Agreement, the Company has requested that the New Term Loan Lenders listed on Schedule 1.1(c) hereto (each, a “Tranche F Lender” and collectively, the “Tranche F Lenders”) provide and/or convert Tranche B
Loans into New Term Loans under the Credit Agreement (the “Tranche F Loans”) in an aggregate principal amount of $1,439,641,875, including, in the case of certain New Term Loan Lenders who are currently Lenders with respect to
Tranche B Loans under the Credit Agreement (each, a “Converting Lender”), by converting all or if otherwise specified by the Administrative Agent, a portion of their outstanding Tranche B Loans into Tranche F Loans (each such
Tranche B Loan, a “Converting Tranche B Loan”) in the same aggregate principal amount as such Tranche B Lender’s Tranche B Loan (or lesser amount as may be specified by the Administrative Agent) simultaneously with the making
of other Tranche F Loans hereunder. 
 The Tranche F Lenders are willing to make available to the Borrowers Tranche F Loans on the terms and
subject to the conditions set forth herein. The proceeds of the Tranche F Loans will be used, together with cash-on-hand, to (i) voluntarily prepay, substantially
simultaneously with the issuance of such Tranche F Loans, all Tranche B Loans (other than Cashless Converting Loans (as defined below), with respect to which each related Lender has waived its right to receive such prepayment as provided herein) and
(ii) pay, in connection therewith, all accrued and unpaid interest on all Tranche B Loans to the Tranche F Funding Date (as defined below). 

Therefore, in consideration of the premises and the covenants and agreements contained herein, the parties hereto hereby agree as follows:

 SECTION 1. Defined Terms. Unless otherwise specifically defined herein, each term used herein that is defined in the Credit
Agreement has the meaning assigned to such term in the Credit Agreement. The interpretive provisions set forth in Section 1.2 of the Credit Agreement apply to this Agreement. 

 SECTION 2. Tranche F Loans. 

(a)    Each Tranche F Lender hereby agrees, on the terms and subject to the conditions set forth herein and in the Credit
Agreement to make (or, in the case of each Converting Lender, convert its Converting Tranche B Loan to) a Tranche F Loan to the Borrowers on the Tranche F Funding Date (as defined below) in a principal amount not to exceed the amount set forth
opposite such Tranche F Lender’s name on Schedule 1.1(c) as such Tranche F Lender’s “Tranche F Commitment” (with respect to each Tranche F Lender, the “Tranche F Commitment”). 

(b)    The Tranche F Loans shall be designated as a new Tranche under the Credit Agreement, with terms and provisions
identical to the Tranche B Loans, except as set forth below: 
 (i)    The Tranche F Commitments shall
terminate on the funding thereof on the Tranche F Funding Date (as defined below). 
 (ii)    Any ABR
Loan which is a Tranche F Loan shall have an Applicable ABR Margin of 1.50% per annum. 
 (iii)    Any
LIBOR Loan which is a Tranche F Loan shall have an Applicable LIBOR Margin of 2.50% per annum. 

(iv)    The Borrowers shall, jointly and severally, repay to the Administrative Agent after the Tranche F
Funding Date, for the benefit of the Tranche F Lenders, on March 31, June 30, September 30 and December 31 after the date hereof, beginning with December 31, 2016 (or, in each case, if not a Business Day, the immediately
preceding Business Day) (each, a “Tranche F Loan Repayment Date”), a principal amount in respect of the then-outstanding Tranche F Loans equal to (x) 0.25% multiplied by (y) the outstanding principal amount of Tranche F
Loans on the Tranche F Funding Date (a “Tranche F Loan Repayment Amount”): 
 Notwithstanding anything to the contrary
contained herein, all outstanding principal amounts of the Tranche F Loans, including interest payable thereon, shall be due and payable on December 7, 2020 (or, if not a Business Day, the immediately preceding Business Day) (the
“Tranche F Maturity Date”). 
 (v)    Any prepayment of the Tranche F Loans in
connection with a Repricing Transaction or any amendment to the Credit Agreement resulting in a Repricing Transaction shall be made at 100% of the principal amount thereof and accrued interest to the date of payment plus, if such prepayment
occurs prior to the six-month anniversary of the Tranche F Funding Date, a prepayment premium equal to 1.00% of the principal amount so prepaid. 

SECTION 3. Amendments to Credit Agreement. The Credit Agreement is amended as follows in accordance with Section 2.14(d) thereof.

  
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 (a)    Section 1.1 of the Credit Agreement is amended by adding the following
defined term: 
 “Tranche F Loans” shall mean the “Tranche F Loans” as defined in, and made and/or
converted in accordance with, the 2016 New Term Loan Joinder Agreement dated as of September 22, 2016 among the Borrowers, the Tranche F Lenders party thereto, and the Administrative Agent. 

(b)    The following definitions in Section 1.1 of the Credit Agreement are amended and restated to read in their
entirety (or, in the case of LIBOR Rate, solely to replace the first sentence thereof) as follows: 
 “Applicable
ABR Margin” shall mean (x) 2.00% with respect to any Tranche B Loans and (y) 1.50% with respect to any Tranche F Loan. Notwithstanding the foregoing, (a) the Applicable ABR Margin in respect of any Extended Term Loans shall be the
applicable percentages per annum set forth in the relevant Extension Amendment, (b) the Applicable ABR Margin in respect of any New Term Loans shall be the applicable percentages per annum set forth the relevant New Term Loan Joinder Agreement,
(c) the Applicable ABR Margin in respect of any Replacement Term Loans shall be the applicable percentages per annum set forth in the relevant agreement and (d) the Applicable ABR Margin shall be increased as, and to the extent, necessary
to comply with the provisions of Section 2.14. 
 “Applicable LIBOR Margin” shall mean (x) 3.00% with
respect to any Tranche B Loan and (y) 2.50% with respect to any Tranche F Loan. Notwithstanding the foregoing, (a) the Applicable LIBOR Margin in respect of any Extended Term Loans shall be the applicable percentages per annum set forth in the
relevant Extension Amendment, (b) the Applicable LIBOR Margin in respect of any New Term Loans shall be the applicable percentages per annum set forth in the relevant New Term Loan Joinder Agreement, (c) the Applicable LIBOR Margin in
respect of any Replacement Term Loans shall be the applicable percentages per annum set forth in the relevant agreement and (d) the Applicable LIBOR Margin shall be increased as, and to the extent, necessary to comply with the provisions of
Section 2.14. 
 “LIBOR Rate” shall mean. for any Interest Period with respect to a LIBOR Loan,
(a) the rate per annum equal to the offered rate administered by ICE Benchmark Administration (“LIBOR”) or a comparable or successor rate, which rate is approved by the Administrative Agent, on the applicable Reuters screen page (or
such other commercially available source providing such quotations of LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period,
for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period multiplied by (b) the Statutory Reserve Rate; provided that, to the extent that an interest rate is not ascertainable
pursuant to the foregoing provisions of this definition, “LIBOR Rate ” shall be the Interpolated Rate, for a period equal in length to the Interest Period of the Loan; provided further that, notwithstanding the foregoing, if the LIBOR Rate
as determined pursuant to the foregoing provisions would otherwise be less than zero, the LIBOR Rate shall be deemed to be zero for purposes of this Agreement; provided further that, notwithstanding the foregoing, in no event shall the LIBOR Rate
applicable to the Tranche B Loans made on the Closing Date at any time be less than 0.75% per annum; 

  
 3 

 “Repricing Transaction” shall mean the prepayment, refinancing,
substitution or replacement of all or a portion of the Tranche B Loans or Tranche F Loans, as applicable, with the incurrence by any Borrower or any Restricted Subsidiary of any Indebtedness consisting of broadly syndicated term loans having an
Effective Yield that is less than the Effective Yield of such Tranche B Loans or Tranche F Loans, as applicable, so repaid, refinanced, substituted or replaced, including without limitation, as may be effected through any amendment, amendment or
restatement or other modifications to this Agreement relating to the interest rate for, or weighted average yield of, such Tranche B Loans or Tranche F Loans or the incurrence of any Replacement Term Loans, in each case the primary purpose (as
determined by the Borrowers in good faith) of which is to reduce such Effective Yield and other than in connection with a Change of Control, Initial Public Offering or Transformative Acquisition. 

“Tranche” shall mean, in relation to any Loan, whether such Loan is a Tranche B Loan, Tranche F Loan or an
additional tranche (as contemplated by and designated pursuant to Section 2.14). 
 (c)    Schedule 1.1(d) to this
Agreement is added as a new Schedule 1.1(d) to the Credit Agreement. 
 (d)    Section 5.1 of the Credit Agreement is
amended as follows: 
 (i) in the first parenthetical of clause (b) of Section 5.1, the words “or Tranche F
Loans” are added immediately after the words “New Term Loans”; and 
 (ii) the following paragraph is added at
the end Section 5.1: 
 (c) In the event that, on or prior to the date falling six months after the Closing Date, the Borrowers
(i) make a voluntary prepayment of the Tranche F Loans in connection with a Repricing Transaction or (ii) effects any amendment to this Agreement resulting in a Repricing Transaction, the Borrowers shall pay to the Administrative Agent
(x) in the case of clause (i) a prepayment premium of 1.00% of the principal amount of the Tranche F Loans being prepaid in connection with the Repricing Transaction and (y) in the case of clause (ii), an amount equal to 1.00% of the
aggregate amount of the applicable Tranche F Loans outstanding immediately prior to such amendment that are subject to an effective pricing reduction pursuant to such Repricing Transaction; provided that, for the avoidance of doubt, in the case of
the exercise by the Company of its rights under Section 13.8(b) in connection with a Repricing Transaction effected through an amendment, the prepayment premium described in the immediately preceding clause (ii) shall be payable to any Lender
replaced pursuant to Section 13.8(b) in respect of the Tranche F Loans assigned pursuant to Section 13.8(b) immediately prior to such Repricing Transaction. 

  
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 SECTION 4. Representations And Warranties. Each Borrower represents and warrants that
as of the Tranche F Effective Date: 
 (a)    no Default or Event of Default shall have occurred and be continuing; and

 (b)    all representations and warranties made by any Credit Party contained in the Credit Agreement or in the other
Credit Documents shall be true and correct in all material respects with the same effect as though such representations and warranties had been made on and as of the Tranche F Effective Date (except where such representations and warranties
expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of said earlier date. 

SECTION 5. Conditions Precedent to the Tranche F Effective Date. This Agreement shall become effective as of the first date (the
“Tranche F Effective Date”) when each of the following conditions shall have been satisfied: 

(a)    New Term Loan Joinder Agreement. The Administrative Agent shall have received this Agreement, executed and
delivered by a duly authorized signatory of each Borrower, each Tranche F Lender and the Administrative Agent; 

(b)    Solvency. The Administrative Agent shall have received a certificate from an Authorized Officer of the
Company in a form reasonably satisfactory to the Administrative Agent demonstrating that, as of the Tranche F Effective Date, (A) the fair value of the assets of the Company and its Subsidiaries on a consolidated basis, at a fair valuation,
will exceed the debts and liabilities, direct, subordinated, contingent or otherwise, of the Company and its Subsidiaries on a consolidated basis, respectively; (B) the present fair saleable value of the property of the Company and its
Subsidiaries on a consolidated basis will be greater than the amount that will be required to pay the probable liability of the Company and its Subsidiaries on a consolidated basis on their debts and other liabilities, direct, subordinated,
contingent or otherwise, as such debts and other liabilities become absolute and matured; (C) the Company and its Subsidiaries on a consolidated basis will be able to pay their debts and liabilities, direct, subordinated, contingent or
otherwise, as such debts and liabilities become absolute and matured; and (D) the Company and its Subsidiaries on a consolidated basis will not have unreasonably small capital with which to conduct the businesses in which they are engaged as
such businesses are now conducted and are proposed to be conducted following the Tranche F Funding Date and (ii) each Credit Party (A) has not ceased, and does not expect that it will cease, making payments on its liabilities when due and
(B) can, and expects that it can, obtain credit in the ordinary course of business; 
 (c)    Closing
Certificates. The Administrative Agent shall have received a certificate of each Original Credit Party, dated the Tranche F Effective Date, substantially in the form of Exhibit C-1 to the Credit Agreement,
with appropriate insertions, executed by the President or any Vice President and the Secretary or any Assistant Secretary of such Original Credit Party (or where customary in the relevant jurisdiction, executed by a director of such Original Credit
Party), and, if applicable, attaching the documents referred to in clauses (d), (e) and (g) below; 

(d)    Corporate Proceedings of Each Original Credit Party. The Administrative Agent shall have received a copy of
the resolutions, in form and substance 

  
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satisfactory to the Administrative Agent, of the Board of Directors and, to the extent required under applicable Law or the organizational documents of any Original Credit Party, the shareholders
of each Original Credit Party (or a duly authorized committee thereof) authorizing (i) the execution, delivery and performance of this Agreement (and any agreements relating thereto) to which it is a party and (ii) in the case of the
Borrowers, the Tranche F Loans contemplated hereunder; 
 (e)    Corporate Documents. The Administrative Agent
shall have received true and complete copies of the certificate of incorporation, by-laws (or equivalent organizational documents) and, to the extent available in the relevant jurisdiction, an extract of the
trade register of each Original Credit Party or certification that such corporate documents delivered on the Tranche F Effective Date are currently in full force and effect and no action has been taken to alter, amend, revise, supplement, modify,
revoke or rescind such corporate documents since the Closing Date; 
 (f)    Know Your Customer. Each Tranche F
Lender shall have received, at least two Business Days prior to the Tranche F Effective Date, all documentation and other information about the Borrowers and the Guarantors as shall have been reasonably requested in writing by the Administrative
Agent at least five Business Days prior to the Tranche F Funding Date and as is mutually agreed to be required by U.S. regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including
without limitation the PATRIOT Act.; and 
 (g)    Representations and Warranties. The representations and
warranties set forth in Section 4 above shall be true and correct. 
 SECTION 6. Conditions Precedent to the Tranche F Funding
Date. The obligation of each Tranche F Lender to make a Tranche F Loan to the Borrowers on the date specified as the “Date of Borrowing” in the Notice of Borrowing delivered pursuant to clause (b) of this Section 6 (which
date shall be during the period beginning on the Tranche F Effective Date to and including September 22, 2016) (the “Tranche F Funding Date”) is subject the satisfaction (or waiver) of the following conditions precedent: 

(a)    Representations and Warranties. The representations and warranties set forth in Section 4 above shall
be true and correct, before and after giving effect to the Tranche F Loans, with the same effect as if each reference to “Tranche F Effective Date” in Section 4 above were replaced with “Tranche F Funding Date”; 

(b)    Notice of Borrowing. The Administrative Agent shall have received a Notice of Borrowing in respect of the
Tranche F Loans in writing meeting the requirements of Section 2.3 of the Credit Agreement; 
 (c)    Fees.
The Administrative Agent shall have received evidence that the fees in the amounts (and at the times) previously agreed in writing by the Administrative Agent to be received on or prior to the Tranche F Funding Date as well as fees included in
Section 2 of the Engagement Letter (defined below) and all reasonable and documented out of pocket expenses for which the Borrowers are responsible and in relation to which invoices have been presented prior to the Tranche F Funding Date shall
be paid on or by such date, and the Company and its Subsidiaries that are party thereto 

  
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shall have complied in all material respects with all of the other terms of the engagement letter dated September 9, 2016 (the “Engagement Letter”, which Engagement Letter
shall not have been terminated by the Borrowers) between Deutsche Bank Securities Inc. and the Company to be complied with on or before the Tranche F Funding Date; 

(d)    Legal Opinions. The Administrative Agent shall have received the executed legal opinions of (i) special
New York and Delaware counsel to the Borrowers reasonably satisfactory to the Administrative Agent and (ii) special Dutch counsel to the Borrowers reasonably satisfactory to the Administrative Agent, in each case in substantially the same form
and substance as provided under and in connection with the Credit Agreement or otherwise in form and substance reasonably satisfactory to the Administrative Agent and, in each case, to the extent applicable to entities that are Original Credit
Parties. Each Borrower, for itself and on behalf of the other Original Credit Parties, and the Administrative Agent hereby instruct counsel to deliver such legal opinions; 

(e)    Collateral Agency Agreement. The Administrative Agent shall have received any required accession,
certifications and supplements to the Collateral Agency Agreement, executed and delivered by a duly authorized signatory of each party thereto. 

(f)    Prepayment of Tranche B Loans. The Administrative Agent shall receive, simultaneously with such funding,
funds sufficient to (i) prepay in full the principal amount of all Tranche B Loans (other than Tranche B Loans that are being converted to (or that are deemed repaid or “cashless rolled” in exchange for) Tranche F Loans pursuant to
this Agreement) and (ii) pay, in connection therewith, all accrued and unpaid interest on all Tranche B Loans to the Tranche F Funding Date. 

The acceptance of the benefits of the Tranche F Loans shall constitute a representation and warranty by each Credit Party that all the
applicable conditions specified above exist as of that time. 
 SECTION 7. Further Covenants. 

Without limitation of any covenant or undertaking in the Credit Agreement, each of the Borrowers hereby agrees as follows: 

(a)    Not later than 60 days after the Tranche F Funding Date (or such longer period as the Administrative Agent may
agree in writing in its sole discretion), the Administrative Agent shall have received counterparts of an Acknowledgement substantially in the form of Exhibit A to this Agreement (with such amendments thereto as may be agreed by counsel to the
relevant Guarantor and counsel to the Administrative Agent), duly executed by each Guarantor (other than the Borrowers). 

(b)    Subject to the Agreed Security Principles, as soon as is reasonably practicable following the Tranche F Funding
Date and in any event within 60 days thereafter (or such longer period as the Administrative Agent may agree in writing in its sole discretion), the Collateral Agent shall have received (A) to the extent that the Collateral Agent has reasonably
determined (based on the advice of counsel in each Relevant Jurisdiction) that the Security Documents that secure Tranche F Obligations may continue in force and effect in such Relevant Jurisdiction confirmation that such

  
 7 

 
Security Documents remain in full force and effect and (B) to the extent that the Collateral Agent has reasonably determined (based on the advice of counsel in each Relevant Jurisdiction)
that amendments or replacements of the Security Documents that secure such Tranche F Obligations as of the Tranche F Funding Date are required in order to ensure that such obligations under the Credit Agreement and the Guarantors under the Guaranty
are secured by Collateral in the Relevant Jurisdictions, then copies of each such required amended or replaced agreement, executed and delivered by a duly authorized signatory of each party thereto. 

(c)    Subject to the Agreed Security Principles, if at any time after the Tranche F Funding Date the Borrowers or other
Obligors shall incur any Secured Obligations and shall take any Additional Collateral Actions for the benefit of such Secured Obligations, the Obligors shall simultaneously with taking such Additional Collateral Actions for the benefit of such other
Secured Obligations, take such Additional Collateral Actions as well for the ratable benefit of the Tranche F Obligations. 
 The parties hereto agree that
any failure to perform the undertakings in this Section 7 on the terms provided herein shall constitute an Event of Default under the Credit Agreement if such failure continues for 30 days after notice thereof by the Administrative Agent on
behalf of the Lenders or the Required Lenders. 
 SECTION 8. Certain Consequences Of Effectiveness. 

(a)    Except as expressly set forth herein, all terms, conditions, covenants, representations and warranties contained in
the Credit Agreement and the other Credit Documents and all rights of the Agents and the Lenders and all obligations of the Credit Parties, shall remain in full force and effect. Each Borrower hereby confirms that the Credit Agreement and the other
Credit Documents are in full force and effect. Without limiting the foregoing and subject to confirmation of the satisfaction of the conditions subsequent set forth in Section 7 above by the Administrative Agent and the Collateral Agent, each
Borrower hereby confirms that the Guaranty and the Security Documents to which it is a party, the guarantees by each Borrower set forth therein and all of the Collateral described therein (to the extent required by Section 7 above, with respect
to the Tranche F Obligations) do, and shall continue to, guarantee and secure the payment of all of the Obligations and Secured Obligations (as applicable and, in each case, as defined and subject to the limitations set forth therein and subject to
Debtor Relief Laws and to general principles of equity) including, on and after the Tranche F Funding Date (and subject to the limitations and timing referred to above), the Tranche F Obligations. 

(b)    For all purposes of the Credit Agreement and all other Credit Documents, (i) this Agreement shall constitute a
New Term Loan Joinder Agreement and a Credit Document, (ii) the Tranche F Commitments shall constitute New Term Loan Commitments and Commitments, (iii) the Tranche F Lenders shall constitute New Term Loan Lenders and Lenders, (iv) the
Tranche F Loan Repayment Amount shall constitute a Loan Repayment Amount, (v) the Tranche F Loan Repayment Date shall constitute New Term Loan Repayment Amount and a Loan Repayment Date, (vi) the Tranche F Maturity Date shall constitute a
New Term Loan Maturity Date and a Maturity Date, (vii) the Tranche F Funding Date shall constitute an Increased Amount Date and (viii) the Tranche F Loans shall constitute New Term Loans and Loans. 

  
 8 

 (c)    Notwithstanding anything in the Credit Agreement to the contrary,
(i) the Loans funded on the Tranche F Funding Date shall be funded as LIBOR Loans with an initial Interest Period ending on December 31, 2016 and (ii) each Tranche F Lender that was a Tranche B Lender immediately prior to the
effectiveness hereof hereby waives any claim for the payment of any breakage loss or expense under Section 2.11 of the Credit Agreement in connection with the repayment or conversion of its Tranche B Loans on the Tranche F Funding Date. 

(d)    Each undersigned Tranche F Lender hereby consents to (i) its respective allocation of the applicable Loans and
Commitments after giving effect to this Agreement and the transactions contemplated herein (as well as in any Assignment and Acceptance entered into by such Lender pursuant to Section 13.7 of the Credit Agreement required to effect such
allocation) on the Tranche F Funding Date as set forth in the Register (as such respective allocation has been indicated by the Administrative Agent to such Tranche F Lender on or prior to the Tranche F Funding Date) and (ii) any non-pro rata treatment of payments to the Lenders by the Borrowers resulting from the payments described in this Section 8(d), notwithstanding anything to the contrary in the Credit Agreement. 

(e)    Each Converting Lender that executes and delivers a consent to this Agreement (a “Consent”) electing the
“Consent and Cashless Roll Option” shall be deemed to agree, upon the effectiveness of the Agreement on the Tranche F Signing Date that (i) all (or such lesser amount as Deutsche Bank Securities Inc. (“Deutsche Bank”)
may allocate to such Lender) of its existing Loans and Commitments shall constitute Loans and Commitments, as applicable, under the Credit Agreement (each such Loan, to such extent, a “Cashless Converting Loan”) and (ii) it waives any
right to receive its share of the cash prepayment of Tranche B Loans referred to herein, solely to the extent to such Cashless Converting Loans. 

(f)    Each existing Tranche B Lender that executes and delivers a Consent electing the “Consent and Assignment
Option” shall be repaid in full on the Tranche F Funding Date, including for all accrued and unpaid interest, fees, expenses and other compensation owed to such Lender and due and payable by the Borrower pursuant to the Credit Agreement and
this Agreement. Each such Lender agrees that it shall be deemed to have executed an Assignment and Acceptance pursuant to Section 13.7 of the Credit Agreement on the Tranche F Funding Date and assumed an amount equal to the principal amount of
such repayment (or such lesser amount as Deutsche Bank may allocate to such Lender). 
 SECTION 9. Tranche F Effective Date.
This Agreement shall become legally binding on the parties hereto and shall become effective as a New Term Loan Joinder Agreement to the Credit Agreement on the Tranche F Effective Date. 

SECTION 10 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate
counterparts (including by facsimile or other electronic transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. 

SECTION 11. Governing Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

  
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 SECTION 12. Waivers Of Jury Trial. EACH BORROWER, THE ADMINISTRATIVE AGENT AND EACH
TRANCHE F LENDER HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN. 

SECTION 13. Costs And Expenses. For the avoidance of doubt, Section 13.6 of the Credit Agreement shall apply to the payment
of costs and expenses incurred in connection with this Agreement and any other documents prepared in connection therewith. 

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

			
	NXP B.V.
		
	By:	 	 /s/ Jean Schreurs

	Name:	 	Jean Schreurs
	Title:	 	Authorized Signatory
	
	NXP FUNDING LLC
		
	By:	 	 /s/ Jean Schreurs

	Name:	 	Jean Schreurs
	Title:	 	Director

  
 [Signature Page to NXP
New Term Loan Joinder Agreement] 

			
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent

		
	By:	 	 /s/ William O’Daly

	Name:	 	William O’Daly
	Title:	 	Authorized Signatory
		
	By:	 	 /s/ Karim Rahimtoola

	Name:	 	Karim Rahimtoola
	Title:	 	Authorized Signatory

  
 [Signature Page to NXP
New Term Loan Joinder Agreement] 

			
	 DEUTSCHE BANK AG NEW YORK BRANCH, as Tranche F Lender

		
	By:	 	 /s/ Nicholas Hager

	Name:	 	Nicholas Hager
	Title:	 	Managing Director    
		
	By:	 	 /s/ Ian Dorrington

	Name:	 	Ian Dorrington
	Title:	 	Managing Director    

  
 [Signature Page to NXP
New Term Loan Joinder Agreement] 

 SCHEDULE 1.1(c) 

TRANCHE F COMMITMENTS 
 (AS OF THE
TRANCHE F EFFECTIVE DATE) 
 On file with the Administrative Agent. 

 EXHIBIT A 

Guarantor Acknowledgement 

ACKNOWLEDGEMENT 

Reference is made to the 2016 New Term Loan Joinder Agreement (the “Agreement”) dated September 22, 2016 relating to the
Credit Agreement dated as of December 7, 2015 (as further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among NXP B.V., with its corporate seat in Eindhoven, the Netherlands
(the “Company”), NXP Funding LLC (the “Co-Borrower” and, together with the Company, the “Borrowers”), the lending institutions from time to time parties
thereto, Credit Suisse AG, as Administrative Agent (in such capacity, the “Administrative Agent”) and Morgan Stanley Senior Funding, Inc. as Collateral Agent. Unless otherwise specifically defined herein, each term used herein that
is defined in the Agreement has the meaning assigned to such term in the Credit Agreement or the Agreement. 
 Each of the undersigned
hereby consents to the foregoing Agreement, including without limitation the extension of the Tranche F Loans referred to therein, and hereby confirms and agrees that (a) notwithstanding the effectiveness of such Agreement, each Credit Document
to which it is party is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects, except that, each reference in any Credit Document to the Credit Agreement, “thereof”,
“thereunder”, “therein” and “thereby” and each other similar reference to the Credit Agreement contained therein shall, on and after the Tranche F Funding Date, refer to the Credit Agreement as amended by the Agreement
and (b) the Guaranty and the Security Documents to which each of the undersigned is a party and all of the Collateral described therein do, and shall continue to, guarantee and secure the payment of all of the Obligations and the Secured
Obligations (as applicable and, in each case, as defined and subject to the limitations set forth therein and in the Agreement) which shall include, on and after the Tranche F Funding Date, the obligations in respect of the Tranche F Loans. 

 IN WITNESS WHEREOF, the parties hereto have caused this Acknowledgement to be duly executed as of
the date first above written. 
  

			
	[GUARANTORS]
		
	By:	 	                                     
                                        

	Name:	 	
	Title:EX-10.22

 Exhibit 10.22 
  

	
	 
	
NXP Restricted Stock Units Plan 2016/17

 

  

					
	Page 1 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

 TERMS AND CONDITIONS 

OF 
 NXP RESTRICTED STOCK
UNITS PLAN 2016/17 
 Article 1 

Definitions 
 In this NXP Restricted Stock
Units Plan the following definitions shall apply: 

			
		
	 1.      Board:
	  	the board of directors of NXP.
		
	 2.      Change of Control:
	  	a transaction or series of transactions or the conclusion of an agreement, which alone or taken together has the effect that as a result thereof a third party, or third parties acting in concert, obtains, whether directly or
indirectly, Control of NXP.
		
	 3.      Control:
	  	(i) the ownership, whether direct or indirect, of a party or parties acting in concert, of more than 50.1% percent of (a) the issued Share capital and/or (b) the voting rights in the general meeting of shareholders; or (ii) the
right, whether direct or indirect, of a party or parties acting in concert to control the composition of the majority of the Board of NXP, or the majority of its voting rights, by contract or otherwise.
		
	 4.      Custody Account:
	  	a custody account maintained in the name of a Participant.
		
	 5.      Date of Grant:
	  	the date at which a Restricted Stock Unit is granted pursuant to this Plan. The Dates of Grant of any Restricted Stock Units shall be the same dates as the dates of publication of the NXP’ annual and/or quarterly results.
The relevant Date of Grant and categorization of any Restricted Stock Unit with respect to any grant hereunder shall be determined by NXP.
		
	 6.      Date of Vesting:
	  	the date of vesting shall be the first, second or third anniversary of the Date of Grant of such Restricted Stock Unit as specified in the Grant Letter. For this purpose, Restricted Stock Units may be categorized as “1 Year
Term Restricted Stock Units”, “2 Year Term Restricted Stock Units” or “3 Year Term Restricted Stock Units”.
		
	 7.      Eligible Individual:
	  	Means an employee of NXP and its direct and indirect subsidiaries or such other person as determined by or on behalf of the Board.
		
	8.      Employing Company:	  	Any of NXP and its direct and indirect subsidiaries and such other company as
designated by or on behalf of the Board.
		
	 9.      Good Reason:
	  	If the Participant does not have an employment agreement with the Employing Company in which Good Reason is defined, “Good Reason” means, in the absence of the Participant’s written consent, any of the following:
(i) a material reduction by the Employing Company in the

  

					
	Page 2 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

			
		  	Participant’s base salary or target bonus unless the base salary or target bonus of other NXP employees or officers in a similar position is reduced by a similar percentage or amount as part of cost reductions,
restructuring, or job grade alignment affecting all of the company or the Participant’s Employing Company or business unit; or (ii) a material diminution in the Participant’s duties or responsibilities (other than as a result of the
Participant’s physical or mental incapacity which impairs his or her ability to materially perform his or her duties or responsibilities as confirmed by a doctor reasonably acceptable to the Participant or his or her representative and such
diminution lasts only for so long as such doctor determines such incapacity impairs the Participant’s ability to materially perform his or her duties or responsibilities). A lateral job change that does not materially diminish the
Participant’s duties or responsibilities will not constitute Good Reason.
		
	 10.    Grant Letter:
	  	the letter in which Restricted Stock Units are granted to an Eligible Individual.
		
	 11.    NXP:
	  	NXP Semiconductors N.V.
		
	 12.    Participant:
	  	an individual who has accepted any Restricted Stock Units under this Plan.
		
	 13.    Plan:
	  	this NXP Restricted Stock Units Plan.
		
	 14.    Restricted Stock Unit:
	  	the conditional right granted to a Participant to receive one Share, subject to the terms and conditions of this Plan. Restricted Stock Units may be categorized as “1 Year Term Restricted Stock Units”, “2 Year Term
Restricted Stock Units” or “3 Year Term Restricted Stock Units”, as applicable.
		
	 15.    Share:
	  	a common share in the share capital of NXP (to be) delivered under this Plan.

 Article 2 

Grant of Restricted Stock Units 
  

	1.	Any Restricted Stock Units may be granted by or on behalf of the Board to an Eligible Individual, subject to the terms and conditions of this Plan and any other NXP policies or guidelines that may apply to such
individual. Any Restricted Stock Units offered to any such individual and the terms and conditions governing such rights shall be deemed accepted by such individual with effect from the applicable Date of Grant in case NXP has not received, in
accordance with a procedure established by NXP, a notice of rejection of such rights within fourteen (14) days of the Grant Letter or such later date as may be determined by NXP. 

 

	2.	The Grant Letter shall reflect, inter alia, the Date of Grant, the number and category of Restricted Stock Units awarded, the vesting schedule and relevant specifications, if any. 

  

					
	Page 3 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

 Article 3 

Vesting of a Restricted Stock Unit 
  

	1.	A Restricted Stock Unit will vest (i.e. become unconditional and the corresponding Shares will be delivered to the relevant Participant) on or immediately following the relevant Date of Vesting subject to (i) any
specifications in the Grant Letter, and (ii) Article 4 (Termination of Employment). In the event that the Participant’s employment is terminated by the Employing Company without the Participant being a Bad Leaver (as defined in Article
4(2)) or by the Participant for Good Reason, in either case within twelve months following a Change of Control, all unvested Restricted Stock Units shall become immediately vested (for 100%, accelerated vesting), unless the Grant Letter stipulates
differently. 

  

	2.	Whether any applicable specifications are met, and whether the relevant Participant is still employed by an Employing Company at the relevant time, will be established by the Board or its delegate, in each case, in its
sole discretion. 

 Article 4 

Termination of Employment 
  

	1.	Unvested Restricted Stock Units shall lapse, on the earliest of the following occasions, without notice and without any compensation: 

 

	 	a.	if a Participant’s employment terminates and such Participant is no longer employed by any Employing Company; 

  

	 	b.	upon violation by the Participant of any provision of this Plan or the Grant Letter in which case the Restricted Stock Units shall lapse on the date of such violation (rather than the date on which such violation comes
to the attention of NXP). 

  

	2.	For purposes of this Program, a “Bad Leaver” shall be a Participant whose employment with NXP or an Employing Company is terminated (i) following the Participant committing an act of theft, fraud, serious
misconduct or deliberate falsification of records in relation to his duties for NXP or the Employing Company, (ii) following the Participant being convicted of or pleading guilty to a serious criminal offence (misdrijf) relating to his
duties for NXP or the Employing Company (excluding any motoring or non-duty related minor offence), which act or criminal offence referred to in (i) and/or (ii) has a material adverse effect upon NXP or the Employing Company,
(iii) with immediate effect because of an urgent cause (dringende reden) as referred to in article 7:678 of the Dutch Civil Code for cause, (iv) a Participant materially violates the NXP Code of Conduct or similarly significant rule
or policy of NXP or the Employing Company, or (v) a Participant within the twelve (12) month period following the termination of employment, directly or indirectly and in any capacity whatsoever, engages in any activities in competition
with the activities of any member of the NXP group, including the Participant personally actively soliciting or personally actively endeavoring to entice away or personally actively recruiting any NXP employees in said period. 

Article 5 

Non-transferability 
 The Restricted Stock
Units are strictly personal, and may not be assigned, transferred, pledged, hypothecated, or otherwise encumbered or disposed of in any manner nor may any transaction be entered into with the same effect. The Participant may not engage in any
transactions on any exchange on the basis of any Restricted Stock Units. 

  

					
	Page 4 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

 Article 6 

Delivery and Holding of Shares 
  

	1.	NXP may require a Participant to maintain a Custody Account in connection with this Plan. Nothing contained in this Plan shall obligate NXP to establish or maintain or cause to establish or maintain a Custody Account
for any Participant. The Participant will provide NXP with the details thereof. 

  

	2.	Subject to the terms and conditions of this Plan and the Grant Letter, and further to the Participants election via the website, NXP will deliver a Share to a Participant on or as soon as reasonably practicable, and in
any event within 2.5 months, after the relevant Date of Vesting. In no event shall NXP have any obligation to deliver any Shares to a Participant prior to the relevant Date of Vesting. 

 

	3.	Any Shares to be delivered pursuant to Article 6(2) will be credited to the Custody Account. 

Article 7 
 Capital
Dilution 
 NXP may make any equitable adjustment or substitution of the number or kind of Shares subject to the Restricted Stock Units, as it, in its
sole discretion, deems equitable to reflect any significant corporate event of or by NXP, for example a change in the outstanding Shares by reason of any stock dividend or split, recapitalization, merger, consolidation, spin-off, combination or
exchange of shares or other corporate change, or any distribution to holders of Shares other than regular cash dividends. 
 Article 8

 Costs and Taxes 
  

	1.	All costs of delivering any Shares under this Plan to a Participant’s Custody Account and any other costs connected with the Shares shall be borne by the Participant. 

 

	2.	Any and all taxes, duties, levies, charges or social security contributions (“Taxes”) which arise under any applicable national, state, local or supra-national laws, rules or regulations, whether already
effective on the Date of Grant of any Restricted Stock Units or becoming effective thereafter, and any changes or modifications therein and termination thereof which may result for the Participant in connection with this Plan (including, but not
limited to, the grant of the Restricted Stock Units, the ownership of the Restricted Stock Units and/or the delivery of any Shares under this Plan, the ownership and/or the sale of any Shares acquired under this Plan) shall be for the sole risk and
account of the Participant. 

  

	3.	NXP and any other Employing Company shall have the right to deduct or withhold (or cause to be deducted or withheld) from any salary payment or other sums due by NXP or any other Employing Company to Participant, or
requiring the Participant or beneficiary of the Participant, to pay to NXP an amount necessary to settle any Taxes and any costs determined by NXP necessary to be withheld in connection with this Plan (including, but not limited to, the grant of the
Restricted Stock Units or the delivery of any Shares under this Plan). 

  

					
	Page 5 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

 Article 9 

Cash Alternative 
 In exceptional
circumstances, at the sole discretion of the Board, upon the Date of Vesting, NXP may advise a Participant resident outside the Netherlands to request in writing an amount in cash as an alternative to Shares. Upon such request the Participant is
entitled to receive an amount in U.S. Dollars, equal to the price of a Share listed at the NASDAQ Global Select Market with dividend, if any, at closing of NASDAQ, multiplied by the relevant number of vested Restricted Stock Units. If on the date of
receipt of the request from the Participant, Shares have not been traded at NASDAQ, the price of a Share will be the opening price of the first subsequent trading day at NASDAQ. Any costs to be paid and any applicable Taxes due shall be deducted
from the amount to be received by the Participant. 
 Article 10 

General Provisions 
 Insider trading
rules 
  

	1.	Each Participant shall comply with any applicable “insider trading” laws and regulations, including the “NXP Semiconductor N.V.’ Insider Trading Policy”. 

Authority for this Plan 
  

	2.	NXP shall have the authority to interpret this Plan, to establish, amend, and rescind any rules and regulations relating to this Plan, to determine and - if deemed necessary or advisable - amend the terms and conditions
of any agreements entered into hereunder, to make all other determinations necessary or advisable for the administration of this Plan. To the extent required by law, the general meeting of shareholders of NXP will be requested to adopt or approve
such changes. 

  

	3.	NXP may delegate the authority to perform administrative and operational functions with respect to this Plan to officers or employees of subsidiaries of NXP and to service providers. Such delegation may include the
authority to interpret this Plan and establish, amend and rescind rules, regulations terms and conditions in force from time to time applicable to Restricted Stock Units granted and the Shares obtained under this Plan. 

Shareholder rights 
  

	4.	No Participant shall have any rights or privileges of shareholders (including the right to receive dividends and to vote) with respect to Shares to be delivered pursuant to the Restricted Stock Units until such Shares
are actually delivered to him in accordance with Article 6 of this Plan. The Shares delivered shall carry the same rights as common shares of NXP traded at NASDAQ on the day on which these Shares are delivered. 

Non-recurring discretionary grant 
  

	5.	Eligibility and participation shall be at the sole discretion of NXP or the Employing Company and as such do not qualify as terms and conditions of employment. The Grant in one year does not create rights for future
years. 

  

	6.	The (value of) Restricted Stock Units granted to, or Shares acquired by a Participant pursuant to such Restricted Stock Unit, under this Plan shall not be considered as compensation in determining a Participant’s
benefits under any benefit plan of an Employing Company, including but not limited to, group life insurance, long-term disability, family survivors, or any retirement, pension or savings plan. 

  

					
	Page 6 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

	7.	Nothing contained in this Plan, Grant Letter or any agreement entered into pursuant hereto shall confer upon any Participant any right to be employed with any Employing Company for any period of time, or to be entitled
to any remuneration or benefits not set forth in this Plan, or to interfere with or limit in any way with the right of any Employing Company or any of its subsidiaries to terminate such Participant’s employment or to discharge or retire any
Participant at any time. 

 Miscellaneous 
  

	8.	If a provision of this Plan is deemed illegal or invalid, the illegality or invalidity shall not affect the remaining parts of this Plan, this Plan shall be construed as if the illegal or invalid provisions had not been
included in this Plan. 

  

	9.	Where the context requires, words in either gender shall include also the other gender. 

 Choice of law
and forum 
  

	10.	This Plan shall be governed by and construed in accordance with the laws of The Netherlands, without regard to its principles of conflict of laws. Any dispute arising under or in connection with this Plan shall be
settled by the competent courts in Amsterdam, The Netherlands. 

  

• • • • • 

  

					
	Page 7 of 7	  	NXP Restricted Stock Units Plan	  	October 27, 2016

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