Document:

EX-10.4

 Exhibit 10.4 

SUPPLEMENT NO. 2 dated as of December 7, 2015 to the GUARANTY (the “Guaranty”) dated as of March 4, 2011 (as
amended and restated, supplemented or modified from time to time), among NXP B.V. (the “Company”, each of the GUARANTORS referred to therein, Barclays Bank PLC, as Administrative Agent (in such capacity, the “Administrative
Agent”) and MORGAN STANLEY SENIOR FUNDING, INC. as Global Collateral Agent (in such capacity, the “Global Collateral Agent”) and MIZUHO CORPORATE BANK, LTD. (as “Taiwan Collateral Agent”), in each
case, for the lenders (the “Lenders”) from time to time parties to the Credit Agreement referred to below. 
 A. Reference
is made to the Credit Agreement dated as of March 4, 2011 (as amended and restated, supplemented or modified from time to time), among NXP B.V. (the “Company), NXP Funding LLC (the “Co-Borrower”), the Lenders,
Barclays Capital (the investment banking division of Barclays Bank PLC) as sole lead arranger and bookrunner, as sole lead arranger and bookrunner (in such capacities, the “Lead Arranger” and “Bookrunner”), the
Administrative Agent, the Global Collateral Agent and the Taiwan Collateral Agent. 
 B. Capitalized terms used herein and not otherwise
defined herein shall have the meanings assigned to such terms in the Guaranty. 
 C. The Guarantors have entered into the Guaranty in order
to induce the Administrative Agent, the Sole Lead Arranger, the Sole Bookrunner, the Global Collateral Agent, the Taiwan Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective Loan to
the Borrowers under the Credit Agreement and to induce one or more Lenders or Affiliates of Lenders to enter into Hedge Agreements with any of the Borrowers. Section 9.11 of the Credit Agreement and Section 20 of the Guaranty provide that
additional Subsidiaries of the Company may become Guarantors under the Guaranty by execution and delivery of an instrument in the form of this Supplement No. 2. Each undersigned Subsidiary (each a “New Guarantor”) is executing
this Supplement No. 2 in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty as consideration for Loans previously made. 

Accordingly, the Administrative Agent, the Global Collateral Agent and each New Guarantor agrees as follows: 

SECTION 1. In accordance with Section 20 of the Guaranty, on and from the date of this Supplement No. 2 (the “Effective
Date”) each New Guarantor by its signature below becomes a Guarantor under the Guaranty with the same force and effect as if originally named therein as a Guarantor and each New Guarantor hereby (a) agrees to all the terms and
provisions of, and assumes all of the liabilities and obligations under, the Guaranty applicable to it as a Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are
true and correct in all material respects on and as of the date hereof. On and from the Effective Date each reference to a Guarantor in the Guaranty shall be deemed to include each New Guarantor. All of the provisions of the Guaranty are hereby
incorporated herein by reference. Each New Guarantor’s maximum liability under the Guaranty and the other Credit Documents shall be as set forth in Section 8 of the Guaranty. 

 SECTION 2. Each New Guarantor represents and warrants to the Administrative Agent and the other
Guaranteed Parties that this Supplement No. 2 has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms. 

SECTION 3. This Supplement No. 2 may be executed by one or more of the parties to this Supplement No. 2 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. A set of the copies of this Supplement No. 2 signed by all the
parties shall be lodged with the Company and the Administrative Agent. If executed by more than one New Guarantor, this Supplement No. 2 shall become effective as to each New Guarantor when the Administrative Agent shall have received
counterparts of this Supplement No. 2 that, when taken together, bear the signatures of such New Guarantor and the Administrative Agent. 

SECTION 4. Except as expressly supplemented hereby, the Guaranty shall remain in full force and effect. 

SECTION 5. THIS SUPPLEMENT NO. 2 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. 
 SECTION 6. Any provision of this Supplement No. 2 that is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof and in the Guaranty, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions
with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 7. All notices, requests and demands pursuant hereto shall be made in accordance with Section 13.3 of the Credit Agreement. All
communications and notices hereunder to each New Guarantor shall be given to it in care of the Company at the Company’s address set forth in Section 13.3 of the Credit Agreement. 

SECTION 8. Each New Guarantor agrees to reimburse the Administrative Agent for its out-of-pocket expenses in connection with this Supplement
No. 2, including the fees, disbursements and other charges of counsel for the Administrative Agent. 

 IN WITNESS WHEREOF, each New Guarantor and the Administrative Agent have duly executed this
Supplement No. 2 to the Guaranty as of the day and year first above written. 
  

					
	FREESCALE SEMICONDUCTOR, INC.
		
	By:	 	 /s/ Jean Scheuers

		 	Name:	 	Jean Scheuers
		 	Title:	 	Authorized Signatory

  
 [Signature page –
Supplemental Guaranty] 

 
					
	 FREESCALE SEMICONDUCTOR HOLDINGS V, INC.

		
	By:	 	 /s/ Jean Scheuers

		 	Name:	 	Jean Scheuers
		 	Title:	 	Authorized Signatory

  
 [Signature page –
Supplemental Guaranty] 

 
					
	SIGMATEL, LLC.
		
	By:	 	 /s/ Jean Scheuers

		 	Name:	 	Jean Scheuers
		 	Title:	 	Authorized Signatory

  
 [Signature page –
Supplemental Guaranty] 

 
					
	 MORGAN STANLEY SENIOR FUNDING, INC.

		 	as Global Collateral Agent
		
	By:	 	 /s/ Reagan Phillipp

		 	Name:	 	Reagan Phillipp
		 	Title:	 	Authorized Signatory

  
 [Signature page –
Supplemental Guaranty]Exhibit 4.1

 

EXECUTION COPY

 

ASSIGNMENT AND ASSUMPTION
AGREEMENT (this “Assignment”), dated as of December 4, 2015, by and among GENERAL ELECTRIC COMPANY, a New York
corporation (the “Assignor”), and GE CAPITAL GLOBAL HOLDINGS, LLC, a Delaware limited liability company (the
“Assignee”).

 

RECITALS

 

WHEREAS, the Assignor
is the Servicer Performance Guarantor under the Servicer Performance Guaranty, dated as of December 2, 2015 (the “Servicer
Performance Guaranty”);

 

WHEREAS, the Assignor
wishes to assign all of its rights, powers, trusts and obligations as Servicer Performance Guarantor under the Servicer Performance
Guaranty to the Assignee, and the Assignee wishes to assume such rights, powers, trusts and obligations as Servicer Performance
Guarantor under the Servicer Performance Guaranty;

 

NOW, THEREFORE, in
consideration of the mutual covenants and promises herein, the receipt and sufficiency of which is hereby acknowledged, the Assignor
and the Assignee agree as follows:

 

ARTICLE ONE

ASSIGNMENT OF SERVICER PERFORMANCE GUARANTY

 

Section 1. 
Definitions and Rules of Construction.Capitalized terms used in this Assignment and not otherwise defined herein
are used as defined in the Servicer Performance Guaranty. The Rules of Construction set forth in Section 1.2 of the Servicer
Performance Guaranty shall be incorporated herein.

 

Section 2. 
Assignment and Assumption. (a) Pursuant to Section 3.3 of the Servicer Performance Guaranty, the Assignor
hereby assigns all of its rights, powers, trusts and obligations as Servicer Performance Guarantor under the Servicer Performance
Guaranty to the Assignee, effective as of the Effective Time, and the Assignee hereby assumes all of the rights, powers, trusts
and obligations of the Assignor under the Servicer Performance Guaranty, effective as of the Effective Time.

 

(b)  This
Assignment shall not constitute (i) a waiver by the Assignee of any obligation or liability which the Assignor may have incurred
in connection with its services as Servicer Performance Guarantor under the Servicer Performance Guaranty or (ii) an assumption
by the Assignee of any liability of the Assignor arising out of a breach by the Assignor of its obligations under the Servicer
Performance Guaranty. This Agreement does not constitute a waiver or assignment by the Assignor of any compensation, reimbursement,
expenses or indemnity to which it is or may be entitled pursuant to the Servicer Performance Guaranty.

 

Section 3. 
Representations of the Assignee. The Assignee hereby represents and warrants to the Assignor and the Beneficiary
that:

 

(a) 
The Assignee is a Permitted Guarantor Assignee.

 

(b)   This Agreement has been duly authorized, executed and delivered on behalf of the Assignee and constitutes its legal, valid
and binding obligation.

 

    	 	 

     

    

 

Section 4. 
Notices. For the purposes of Section 3.2 of the Servicer Performance Guaranty, all notices, whether faxed
or mailed, will be deemed received as provided in Section 3.2 of the Servicer Performance Guaranty when sent pursuant to
the following instructions:

 

TO THE ASSIGNOR:

 

General Electric
Company

201 High Ridge Road

Stamford, CT 06905

Attention: Treasury Legal Department

michael.paolillo@ge.com

 

			

TO THE ASSIGNEE:

			

 

GE Capital Global Holdings, LLC

901 Main Avenue

Norwalk, Connecticut 06851

Attention: Michael Paolillo

michael.paolillo@ge.com

 

TO THE BENEFICIARY:

 

GE Dealer Floorplan Master Note
Trust

c/o BNY Mellon Trust of Delaware

Bellevue Park Corporate Center

301 Bellevue Parkway, 3rd
Floor

Wilmington, Delaware 19809

With a copy to:

 

GE Capital US Holdings, Inc.

901 Main Avenue

Norwalk, Connecticut 06851

Attention: Michael Paolillo

michael.paolillo@ge.com

 

    	 	2	Assignment
                                         and Assumption Agreement –
Servicer
                                         Performance Guaranty
(GE/GE
                                         Capital Global)

     

    

Section 5. 
Miscellaneous. (a) This Assignment is entered into and the assignment and assumption effected hereby shall be effective
as of 8:00 a.m. (New York time) on December 4, 2015 (the “Effective Time”); provided, that each of the
Assignor and the Assignee shall have executed a counterpart to this Assignment.

 

(b)  THIS
ASSIGNMENT AND THE OBLIGATIONS ARISING HEREUNDER SHALL IN ALL RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE,
BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401(1)
OF THE GENERAL OBLIGATIONS LAW, BUT WITHOUT REGARD TO ANY OTHER CONFLICT OF LAW PROVISIONS THEREOF) AND ANY APPLICABLE LAWS OF
THE UNITED STATES OF AMERICA.

 

(c) 
This Assignment may be executed in any number of counterparts each of which shall be an original, but such counterparts
shall together constitute but one and the same Assignment. Delivery of an executed counterpart of this Assignment by electronic
means shall be equally as effective as delivery of an original executed counterpart of this Assignment.

 

[Signature pages follow.]

 

    	 	3	Assignment
                                         and Assumption Agreement –
Servicer
                                         Performance Guaranty
(GE/GE
                                         Capital Global)

     

    

IN WITNESS WHEREOF,
the parties hereto have caused this Assignment to be duly executed as of the day and year first above written.

 

 

GENERAL ELECTRIC COMPANY,

as Assignor

 

By:   /s/ Daniel C. Janki

Name:Daniel C. Janki

Title:Senior Vice President and Treasurer

 

    	 	S-1	Assignment
                                         and Assumption Agreement –
Servicer
                                         Performance Guaranty
(GE/GE
                                         Capital Global)

     

    

 

GE CAPITAL GLOBAL HOLDINGS, LLC,

as Assignee

 

 

By:    /s/ Thomas A. Davidson

 Name:Thomas A. Davidson

 Title:Authorized Signatory

 

 

    	 	S-2	Assignment
                                         and Assumption Agreement –
Servicer
                                         Performance Guaranty
(GE/GE
                                         Capital Global)

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