Document:

Exhibit
10.6

GUARANTOR ASSUMPTION
AGREEMENT

(Electronics Businesses)

This Assignment and Assumption Agreement (Electronics
Businesses) (this “Agreement”)
is made and dated as of June 29, 2007, by and between Tyco International Ltd.,
a Bermuda company (the “Assignor”),
and Tyco Electronics Ltd., a Bermuda company (the “Assignee”).

RECITALS

A.            The Assignor is a party to the Five-Year Senior Credit
Agreement dated as of April 25, 2007 among Tyco Electronics Group S.A., the
Assignor, the Assignee, the lenders party thereto and Bank of America, N.A., as
administrative agent for such lenders (as amended, supplemented or otherwise
modified from time to time, the “Credit Agreement”).

B.            The Credit Agreement contemplates that the Assignor and
the Assignee shall execute and deliver this Agreement.

NOW, THEREFORE, in accordance with the foregoing
premises and for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

1.  Assignment and Assumption.  Assignor
hereby assigns and transfers to the Assignee and the Assignee hereby accepts
and assumes from the Assignor, all of the right, title, interest, obligations
and duties of the Assignor in, to and under the Credit Agreement, effective as
of the date of this Agreement (the “Effective Date”).

2.  Guarantor.  The
Assignee hereby confirms that, as of the Effective Date, automatically and
without further action of any party (i) the Assignee shall be a party to the
Credit Agreement in place of the Assignor in all respects, (ii) the Assignee
shall assume, in full, all of the obligations and duties of the “Guarantor”
under the Credit Agreement, (iii) the Assignor shall relinquish its rights and
be released from its obligations under the Credit Agreement and (iv) all of the
terms and conditions of the Guarantee set forth in Article VIII of the Credit
Agreement are ratified and confirmed in all respects.

3.  Representations and Warranties.  The
Assignee hereby represents and warrants to the Assignor and the Credit
Agreement Parties that the representations and warranties set forth in Sections
3.01, 3.02, 3.03, 3.06 and 3.11 of the Credit Agreement are true and correct as
of the Effective Date with respect to it as an Obligor.

4.  Governing Law.  This
Agreement shall be governed by, and construed in accordance with, the law of
the State of New York.

5.  Beneficiaries.  This
Agreement is intended to be solely for the benefit of the parties hereto and
the parties to the Credit Agreement and their respective successors and assigns
(collectively, the “Credit
Agreement Parties”) and is not intended to confer any benefits
upon, or create any rights in favor of, any person other than the parties
hereto and the Credit Agreement Parties.

6.  Website.  The Assignee
hereby designates www.tycoelectronics.com as its website for the purposes of
Section 5.01 of the Credit Agreement.

7.  Counterparts.  This
Agreement may be executed in any number of counterparts and by the different
parties hereto in separate counterparts, each of which when so executed shall
be deemed an original and all of which taken together shall constitute one and
the same instrument.

[Remainder of page intentionally left blank; Signature
pages follow.]

 2

[Signature
Page to Guarantor Assumption Agreement (Electronics Revolver)]

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

 

	
  

  	
  ASSIGNOR:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TYCO INTERNATIONAL LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Christopher Coughlin

  	
   

  
	
   

  	
   

  	
  Name:  Christopher
  Coughlin

  
	
   

  	
   

  	
  Title:    EVP
  & CFO

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TYCO ELECTRONICS LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  

 

[Signature
Page to Guarantor Assumption Agreement (Electronics Revolver)]

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

 

	
  

  	
  ASSIGNOR:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TYCO INTERNATIONAL LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TYCO ELECTRONICS LTD.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Terrence R. Curtin

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Terrence R. Curtin

  
	
   

  	
   

  	
  Title:

  	
  Executive Vice
  President and

  Chief Financial OfficerExhibit 10.7

Tyco Electronics Ltd.

2007 Stock and Incentive Plan

TERMS AND CONDITIONS

OF

OPTION AWARD

OPTION AWARD made as of
July 2, 2007.

1.             Grant of
Option.  Tyco Electronics Ltd.
(the “Company”) has granted you an Option to purchase Shares of Common Stock,
the number of which is set forth in a separate grant notification letter (“Grant
Letter”), subject to the provisions of this Award Agreement.  This Option is a Non-Qualified Option.

2.             Exercise
Price.  The purchase price of
the Shares covered by the Option is set forth in your Grant Letter.

3.             Vesting.  The Option will become exercisable in
cumulative installments as follows: one fourth (1/4) of the Shares specified in
your Grant Letter, one (1) year from the Grant Date (as set forth in your Grant
Letter); an additional one fourth (1/4) of the Shares, two (2) years from the
Grant Date; an additional one fourth (1/4) of the Shares, three (3) years from
the Grant Date; and the remaining one fourth (1/4), four (4) years from the
Grant Date.  Your vested right will be
calculated on the anniversary of the Grant Date.  If you terminate employment before full
vesting, you will forfeit the unvested portion of the Option and, subject to
Section 12, you may exercise the vested portion of the Option until the earlier
of (a) the date described in Section 4 below, or (b) 90 days after your
Termination of Employment.  However, if
your Termination of Employment is as a result of your Normal Retirement
(Termination of Employment on or after age 60 if the sum of your age and years
of service with the Company is at least 70), Retirement (Termination of
Employment on or after age 55 if the sum of your age and years of service with
the Company is at least 60), Death, Disability, Change in Control, or
Divestiture or Outsourcing Agreement, this Option will become vested and
exercisable in accordance with the provisions of Section 7, 8 or 9, as
applicable.

4.             Term of
Option.  Unless the Option has
been terminated or cancelled, the Option must be exercised before the close of
the New York Stock Exchange (“NYSE”) on the day prior to the 10th anniversary of the Grant Date.  If the NYSE is not open for business on the
expiration date specified, the Option will expire at the close of the NYSE’s
next business day.

5.             Payment of
Exercise Price.  To exercise
the Option, you must pay the Exercise Price for each Share as set forth in the
Grant letter.  You may pay the Exercise
Price in cash, or by certified check, bank draft, wire transfer or postal or
express money order.  You may also pay
the Exercise Price by using one or more of the following methods: (i)
delivering to the Company or its agent a properly executed exercise notice,
together with irrevocable instructions to a broker to deliver promptly (within
the typical settlement cycle for the sale of equity securities on the relevant
trading market, or otherwise in accordance with Regulation T issued by the
Federal Reserve Board) to the Company sale or loan proceeds adequate to satisfy
the portion of the 

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Exercise Price being so
paid; (ii) if expressly approved by the Committee, tendering to the Company (by
physical delivery or attestation) or its agent certificates of Common Stock
that you have held for six (6) months or longer (unless the Committee, in its
discretion, waives this 6-month period) and that have an aggregate Fair Market
Value as of the day prior to the date of exercise equal to the portion of the
Exercise Price and any applicable taxes being so paid; or (iii) if such form of
payment is expressly authorized by Board or Committee, instructing the Company
to withhold Shares that would otherwise be issued were the Exercise Price to be
paid in cash and that have an aggregate Fair Market Value as of the date of
exercise equal to the portion of the Exercise Price and any applicable taxes
being so paid.  Notwithstanding the
foregoing, you may not tender any form of payment that the Company determines,
in its sole and absolute discretion, could violate any law or regulation.  You are not required to purchase all Shares
subject to the Option at one time, but you must pay the full Exercise Price for
all Shares that you elect to purchase before they will be delivered.

6.             Exercise of
Option.  Subject to the terms
and conditions of this Award Agreement, the Option may be exercised by contacting
UBS Financial Services Inc. at 877-461-7802 if calling from within the U.S. or
001-201-272-7684 if calling from outside the U.S., or such other stock option
administrator as is selected by the Company. 
If the Option is exercised after your death, the Company will deliver
Shares only after the Committee or its designee has determined that the person
exercising the Option is the duly appointed executor or administrator of your
estate or the person to whom the Option has been transferred by your will or by
the applicable laws of descent and distribution.

7.             Retirement,
Disability or Death. 
Notwithstanding the vesting and exercise provisions described in Section
3, the Option will vest and remain exercisable as set forth below (or as set
forth in paragraph 8 or 9, as applicable), in the event of Retirement (as
defined in paragraph 3), Normal Retirement (as defined in paragraph 3),
Disability or Death, subject however, to Section 12:

	
  Event

  	
   

  	
  Vesting

  	
   

  	
  Exercise

  
	
  Retirement (as
  defined in paragraph 3)

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Normal Retirement
  (as defined in paragraph 3)

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Disability or
  Death

  	
   

  	
   

  	
   

  	
   

  

 

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  Unvested Awards are forfeited if you retire from
  active employment less than 24 months after Grant Date. On or after the 2nd anniversary of Grant Date, a pro rata
  portion of the Unvested Awards (rounded up or down to the nearest full year
  increment), as determined based
  on the portion of the four year vesting term that you have completed prior to
  Termination (with an offset for shares previously vested) shall become
  exercisable upon the earlier of the normal vesting schedule (as listed in
  Section 3) or your Retirement.

  	
   

  	
  Vested Awards expire on the earlier of (i) original
  expiration date described in Section 4, or (ii) 3 years after Retirement.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Notwithstanding the terms of the Plan, Unvested
  Awards are forfeited if you retire from active employment less than 24 months
  after Grant Date. On or after the 2nd anniversary of Grant Date, Unvested Awards
  become fully exercisable upon the earlier of the original vesting schedule
  (as listed in Section 3) or your Normal Retirement.

  	
   

  	
  Vested Awards expire on the earlier of (i) original
  expiration date described in Section 4, or (ii) 3 years after Normal
  Retirement.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Unvested Awards become fully vested as of the Date
  of Termination

  	
   

  	
  Vested Awards expire earlier of (i) original
  expiration date described in Section 4, or (ii) 3 years after Termination of
  Employment.

  

 

8.             Change in
Control.   Notwithstanding
the vesting and exercise provisions described in Section 3, and subject to
Section 5.4 of the Plan, if
your employment is terminated 

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following a Change in
Control, as defined in the Plan, your Option will immediately become fully
vested, and you will be entitled to exercise the Option until the earlier of
(x) the original expiration date described in Section 4 or (y) the third
anniversary of your Termination of Employment, provided that:

(a) your employment is
terminated by the Company or a Subsidiary for any reason other than Cause,
Disability or death in the twelve-month period following the Change in Control;
or

(b) you terminate your
employment with the Company or your employing Subsidiary within the
twelve-month period following the Change in Control as a result of, and within
180 days following, the occurrence of one of the following events:

i.                  the Company or your employing Subsidiary (1)
assigns or causes to be assigned to you duties inconsistent in any material
respect with your position as in effect immediately prior to the Change in
Control; (2) makes or causes to be made any material adverse change in your
position, authority, duties or responsibilities; or (3) takes or causes to be
taken any other action which, in your reasonable judgment, would cause you to violate
your ethical or professional obligations (after written notice of such judgment
has been provided by you to the Company and the Company has been given a 15-day
period within which to cure such action), or which results in a significant
diminution in such position, authority, duties or responsibilities; or

ii.               the Company or your employing subsidiary,
without your consent, (1) requires you to relocate to a principal place of
employment more than fifty (50) miles from your existing place of employment; or
(2) reduces your base salary, annual bonus, or retirement, welfare, stock
incentive, perquisite (if any) and other benefits taken as a whole.

9.             Termination of Employment as a Result of Divestiture or Outsourcing.  Notwithstanding the vesting and exercise
provisions described in Section 3, and subject to Section 12, if your
Termination of Employment is as a result of a Disposition of Assets,
Disposition of a Subsidiary or Outsourcing Agreement, your Option Award will
vest on a pro-rata basis based on (i) the number of whole months completed from
Grant Date through the closing date of the applicable transaction over the
original number of months of the vesting period, times (ii) the total number of
shares awarded under the Option minus (iii) the number of shares previously
vested. The vested portion of your Option Award will expire on the earlier of
the original expiration date of the Award described in Section 4 or three (3)
years after the date of your Termination of Employment.

 

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Notwithstanding the foregoing,
you shall not be eligible for such pro-rata vesting and extended expiration
date if, (i) your Termination of Employment occurs on or prior to the closing
date of such Disposition of Assets or Disposition of a Subsidiary, as
applicable, or on such later date as is specifically provided in the applicable
transaction agreement or related agreements, or on the effective date of such
Outsourcing Agreement applicable to you (the “Applicable Employment Date”), and
(ii) you are offered Comparable Employment with the buyer, successor company or
outsourcing agent, as applicable, but do not commence such employment on the
Applicable Employment Date.

For purposes of this
section 9, (i) “Comparable Employment” is defined as employment at a base
salary rate and bonus target that is at least equal to the base salary rate and
bonus target in effect immediately prior to your termination of employment and
at a location that is no more than 50 miles from your job location in effect
immediately prior to your termination of employment; (ii) “Disposition of
Assets” shall mean the disposition by the Company or a Subsidiary of all or a
portion of the assets used by the Company or Subsidiary in a trade or business
to an unrelated corporation or entity; (iii) “Disposition of a Subsidiary”
shall mean the disposition by the Company or a Subsidiary of its interest in a
subsidiary or controlled entity to an unrelated individual or entity, provided
that such subsidiary or entity ceases to be an affiliated company as a result
of such disposition; and (iv) “Outsourcing Agreement” shall mean a written
agreement between the Company or a Subsidiary and an unrelated third party (“Outsourcing
Agent”) pursuant to which (a) the Company transfers the performance of services
previously performed by employees of the Company or Subsidiary to the
Outsourcing Agent, and (b) the Outsourcing Agreement includes an obligation of
the Outsourcing Agent to offer employment to any employee whose employment is
being terminated as a result of or in connection with said Outsourcing
Agreement.

10.           Withholdings.  The Company will have the right, prior to the
issuance or delivery of any Shares in connection with the exercise of the
Option, to withhold or demand from you the amount necessary to satisfy
applicable tax requirements, as determined by the Committee.  The methods described in Section 5 may also
be used to pay your withholding tax obligation.

11.           Transfer of Option.  You may not transfer the Option or any
interest in the Option except by will or the laws of descent and
distribution.  Notwithstanding the
foregoing, you may transfer the Option to members of your immediate family or
to one or more trusts for the benefit of family members or to one or more
partnerships in which the family members are the only partners, provided that
(i) you do not receive any consideration for the transfer, (ii) you furnish the
Committee or its designee with detailed written notice of the transfer at least
three (3) business days in advance, and (iii) the Committee or its designee
consents in writing.  For this purpose, “family
member” means any spouse, children, grandchildren, parents, grandparents,
siblings, nieces, nephews and grandnieces and grandnephews, including adopted,
in-laws and step family members.  Any
Option transferred pursuant to this provision will continue to be subject to
the same terms and conditions that were applicable to the Option immediately
prior to transfer.  The Option may be
exercised by the transferee only to the same extent that you could have exercised
the Option had no transfer occurred.

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12.           Covenant; Forfeiture of
Award; Agreement to Reimburse Company.

(a)           If you have been
terminated for Cause, including without limitation a termination as a result of
your violation of the Company’s Code of Ethical Conduct, any outstanding vested
or unvested stock options shall be immediately rescinded and you will forfeit
any rights you have with respect to those options and, in addition, you hereby
agree and promise immediately to deliver to the Company, Shares (or, in the
discretion of the Committee, cash) equal in value to the amount of any profit
you realized upon an exercise of the Option during the period beginning six (6)
months prior to your Termination of Employment and ending on your Termination
of Employment.

(b)           If, after your
Termination of Employment, the Committee determines in its sole discretion that
while you were a Company or Subsidiary employee you engaged in activity that
would have constituted grounds for the Company or Subsidiary to terminate your
employment for Cause, then the Company will immediately rescind the unvested
portion of your Option and any vested but unexercised portion of the Option and
you will immediately forfeit any and all rights you have remaining on the date
the Committee makes such determination with respect to the Option.  In addition, you hereby agree and promise
immediately to deliver to the Company the number of Shares (or, in the
discretion of the Committee, the cash value of said shares) equal in value to
the amount of any profit you realized upon the exercise of any portion of the
Option during the period six (6) months prior to your Termination of Employment
through the date of the Committee’s determination.

(c)           If the Committee
determines, in its sole discretion, that at anytime after your Termination of
Employment and prior to the second anniversary of your Termination of
Employment you (i) disclosed business confidential or proprietary information
related to any business of the Company or Subsidiary or (ii) have entered into
an employment or consultation arrangement (including any arrangement for
employment or service as an agent, partner, stockholder, consultant, officer or
director) with any entity or person engaged in a business and (a) such
employment or consultation arrangement would likely (in the sole judgment of
the Committee) result in the disclosure of business confidential or proprietary
information related to any business of the Company or a Subsidiary to a
business that is competitive with any Company or Subsidiary business as to
which you have had access to business strategic or confidential information,
and (b) the Committee has not approved the arrangement in writing, then any
Option that you have not exercised (whether vested or unvested) will immediately
be rescinded, and you will forfeit any rights you have with respect to these
Options as of the date of the Committee’s determination.  In addition, you hereby agree and promise
immediately to deliver to the Company, Shares (or, in the discretion of the
Committee, cash) equal in value to the amount of any profit you realized upon
an exercise of the Option during the period beginning six (6) months prior to
your Termination of Employment and ending on the Committee’s determination
date.

13.           Adjustments.  In the event of any stock split, reverse stock
split, dividend or other distribution (whether in the form of cash, Shares,
other securities or other property), extraordinary cash dividend,
recapitalization, merger, consolidation, split-up, spin-off, 

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reorganization,
combination, repurchase or exchange of Shares or other securities, the issuance
of warrants or other rights to purchase Shares or other securities, or other
similar corporate transaction or event, the Committee shall adjust the number
and kind of Shares covered by the Option, the Exercise Price and other relevant
provisions to the extent necessary to prevent dilution or enlargement of the
benefits or potential benefits intended to be provided by the Option.

14.           Restrictions on Exercise.  Exercise of the Option is subject to the
conditions that, to the extent required at the time of exercise, (a) the Shares
covered by the Option will be duly listed, upon official notice of issuance,
upon the NYSE, and (b) a Registration Statement under the Securities Act of
1933 with respect to the Shares will be effective or an exemption from
registration will apply.  The Company
will not be required to deliver any Common Stock until all applicable federal
and state laws and regulations have been complied with and all legal matters in
connection with the issuance and delivery of the Shares have been approved by
counsel of the Company.  Notwithstanding
this Statement of Terms and Conditions, Optionee may exercise the Option only
pursuant to the “broker-assisted cashless exercise” method described in Section
5(i) of this Statement of Terms and conditions if so restricted by local law at
the time of exercise.

15.           Disposition of Securities.  By accepting the Award, you acknowledge that
you have read and understand the Company’s Insider Trading Policy, and are
aware of and understand your obligations under federal securities laws with
respect to trading in the Company’s securities, and you agree not to use the
Company’s “cashless exercise” program (or any successor program) at any time
when you possess material nonpublic information with respect to the Company or
when using the program would otherwise result in a violation of securities
law.  The Company will have the right to
recover, or receive reimbursement for, any compensation or profit realized on
the exercise of the Option or by the disposition of Shares received upon
exercise of the Option to the extent that the Company has a right of recovery
or reimbursement under applicable securities laws.

16.           Plan Terms Govern.  The exercise of the Option, the disposition
of any Shares received upon exercise of the Option, and the treatment of any
gain on the disposition of these Shares are subject to the terms of the Plan
and any rules that the Committee may prescribe. 
The Plan document, as may be amended from time to time, is incorporated
into this Award Agreement.  Capitalized
terms used in this Award Agreement have the meaning set forth in the Plan,
unless otherwise stated in this Award Agreement.  In the event of any conflict between the
terms of the Plan and the terms of this Award Agreement, the Plan will
control.  By accepting the Award, you
acknowledge receipt of the Plan, as in effect on the date of this Award
Agreement.

17.           Personal Data.  To comply with applicable law and to
administer the Plan and this Award Agreement properly, the Company and its
agents may hold and process your personal data and/or sensitive personal
data.  Such data includes, but is not
limited to, the information provided in this grant package and any changes
thereto, other appropriate personal and financial data about you, and
information about your participation in the Plan and Shares obtained under the
Plan from time to time.  By accepting the
Award, you hereby give your explicit consent to the Company’s processing any
such personal data and/or sensitive personal data.  You also hereby give your explicit consent to
the Company’s transfer of any such personal data and/or sensitive personal data
outside the country in which you work or reside and to the United States.  

 

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The legal persons for
whom your personal data are intended include the Company and any of its
Subsidiaries (or former Subsidiaries as are deemed necessary), the outside Plan
administrator as selected by the Company from time to time, and any other
person that the Company may find in its administration of the Plan to be
appropriate.  You have the right to
review and correct your personal data by contacting your local Human Resources
Representative.  You understand that the
transfer of the information outlined here is important to the administration of
the Plan, and that failure to consent to the transmission of such information
may limit or prohibit your participation in the Plan.

18.           No Contract of Employment
or Promise of Future Grants. 
By accepting the Award, you agree to be bound by this Award Agreement
and acknowledge that the Award is granted at the sole discretion of the Company
and is not considered part of any contract of employment with the Company or of
your ordinary or expected salary or other compensation and will not be
considered as part of such salary or compensation for purposes of any pension
benefits or in the event of severance, redundancy or resignation.  If your employment with the Company or a
Subsidiary is terminated for any reason, whether lawfully or unlawfully, you
agree that you will not be entitled by way of damages for breach of contract,
dismissal or compensation for loss of office or otherwise to any sum, shares or
other benefits to compensate you for the loss or diminution in value of any
actual or prospective rights, benefits or expectation under or in relation to
the Plan.

19.           Limitations.  Nothing in this Award Agreement or the Plan
gives you any right to continue in the employ of the Company or any of its
Subsidiaries or to interfere in any way with the right of the Company or any
Subsidiary to terminate your employment at any time.  Payment of Shares is not secured by a trust,
insurance contract or other funding medium, and you do not have any interest in
any fund or specific asset of the Company by reason of the Option.  You have no rights as a stockholder of the
Company pursuant to the Option until Shares are actually delivered you.

20.           Incorporation of Other
Agreements.  This Award
Agreement and the Plan constitute the entire understanding between you and the
Company regarding the Option.  This Award
Agreement supersedes any prior agreements, commitments or negotiations
concerning the Option.

21.           Severability.  The invalidity or unenforceability of any
provision of this Award Agreement will not affect the validity or
enforceability of the other provisions of this Award Agreement, which will
remain in full force and effect. 
Moreover, if any provision is found to be excessively broad in duration,
scope or covered activity, the provision will be construed so as to be
enforceable to the maximum extent compatible with applicable law.

By accepting this
Award, you agree to the following:

(i)            you have carefully read, fully
understand and agree to all of the terms and conditions described in this Award
Agreement and the Plan; and

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(ii)           you understand and agree that this
Award Agreement and the Plan constitute the entire understanding between you
and the Company regarding the Option, and that any prior agreements,
commitments or negotiations concerning the Option are replaced and superseded.

 9
 

 

You will be deemed to
consent to the application of the terms and conditions set forth in this Award
Agreement and the Plan unless you contact Tyco Electronics, Ltd., c/o Equity
Plan Administration, 1050 Westlakes Dr, Berwyn, PA 19312 in writing within
thirty (30) days of the date of this Award Agreement.  Notification of your non-consent will nullify
this grant unless otherwise agreed to in writing by you and the Company.

 

	
   

  	
  Thomas J. Lynch

  
	
   

  	
  Chief Executive Officer,

  
	
   

  	
  Tyco Electronics, Ltd.

  

 

 10

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