Document:

TiVo Inc. Amended & Restated 1999 Employee Stock Purchase Plan Offering Document

 Exhibit 10.8 
  
 TIVO INC. 
 1999 EMPLOYEE STOCK PURCHASE PLAN 
 OFFERING 
  
 Adopted July 14, 1999 
 Amended and Restated August 15, 2002 
 Amended and Restated by Board of Directors September 9, 2005

 Stockholder Approval Not Required 
  
 1. Grant of Rights. 
  
 (a) The Board of Directors (“Board”) of TiVo Inc., a Delaware corporation (the “Company”), pursuant to the Company’s 1999
Employee Stock Purchase Plan (the “Plan”), hereby authorizes the grant of Rights to purchase Shares of the Company to all Eligible Employees (an “Offering”). Defined terms not explicitly defined in this Offering but defined in
the Plan shall have the same definitions as in the Plan. In the event of any conflict between the provisions of an Offering and those of the Plan (including interpretations, amendments, rules and regulations that may from time to time be promulgated
and adopted pursuant to the Plan), the provisions of the Plan shall control. 
  
 (b) An “Offering Date” is the first day of an Offering. An Offering may consist of one purchase period or may be divided into shorter purchase periods (“Purchase Periods”). A “Purchase
Date” is the last day of a Purchase Period or the Offering, as the case may be. 
  
 (c) Except as otherwise provided herein, each Offering hereunder shall be divided into two (2) shorter Purchase Periods approximately six (6) months in length. 
  
 (d) The current Offering commenced on May 1, 2005. The current Purchase
Period is six (6) months in length and shall end on October 31, 2005. Pursuant to section 1(g) herein, the next Offering, or second Purchase Period, as applicable, beginning on November 1, 2005 shall end on January 31, 2006 and shall consist of one
three (3) month Purchase Period. The Purchase Date for such three (3) month Purchase Period shall be January 31, 2006. One interim Offering shall begin on February 1, 2006 and end on June 30, 2006 and shall consist of only one five (5) month interim
Purchase Period. 
  
 (e) Thereafter, all subsequent Offerings
shall begin on July 1, 2006 and on each subsequent anniversary of the most recent Offering Date and shall be divided into two (2) shorter Purchase Periods of six (6) months in length. The Purchase Periods shall begin on each July 1 and January 1 and
shall end on each December 31 and June 30; provided, however, that if on the first Purchase Date during an Offering the fair market value of the Shares is less than it was on the Offering Date for that Offering, the day after such Purchase Date
shall become the next Offering Date and the Offering that would otherwise have continued in effect shall immediately terminate. Each Offering shall end on the day prior to the first anniversary of its Offering Date unless sooner terminated as
provided above. 
  
 (f) Prior to the commencement of any Offering,
the Board may change any or all terms of such Offering and any subsequent Offerings. The granting of Rights pursuant to each Offering hereunder shall occur on each respective Offering Date unless, prior to such date (i) the Board determines that
such Offering shall not occur, or (ii) no Shares remain available for issuance under the Plan in connection with the Offering. 
  
 (g) Notwithstanding any other provisions of an Offering, if the terms of an Offering as previously established by the Board would, as a result of a change
to applicable accounting standards, generate a charge to earnings, such Offering shall terminate effective as of the day prior to the date such change to accounting standards would otherwise first apply to the Offering (the “Offering
Termination Date”), and such Offering Termination Date shall be the final Purchase Date of such Offering. A subsequent Offering shall commence on such date and on such terms as shall be provided by the Board. 

 2. Eligible Employees. 
  

(a) All employees of the Company and each of its Affiliates incorporated in the United States shall be granted Rights to purchase Shares under each
Offering on the Offering Date of such Offering, provided that each such employee otherwise meets the employment requirements of subparagraph 6(a) of the Plan and has been continuously employed for at least ten (10) days on the Offering Date of such
Offering (an “Eligible Employee”). 
  
 (b)
Notwithstanding the foregoing, the following employees shall not be Eligible Employees or be granted Rights under an Offering: (i) part-time or seasonal employees whose customary employment is twenty (20) hours or less per week or not more than five
(5) months per calendar year or (ii) 5% stockholders (including ownership through unexercised options) described in subparagraph 6(c) of the Plan. 
  
 (c) Notwithstanding the foregoing, each person who first becomes an Eligible Employee ten (10) or more days prior to the end of the first Purchase Period
of an Offering may, as of the first day of the second Purchase Period during that Offering, receive a Right under such Offering, which Right shall thereafter be deemed to be a part of the Offering. Such Right shall have the same characteristics as
any Rights originally granted under the Offering except that: 
  
 (i) the date on which such Right is granted shall be the “Offering Date” of such Right for all purposes, including determination of the exercise price of such Right; and 
  
 (ii) the Offering for such Right shall begin on its Offering
Date and end coincident with the end of the ongoing Offering. 
  
 3. Rights.

  
 (a) Subject to the limitations contained herein and in
the Plan, on each Offering Date each Eligible Employee shall be granted the Right to purchase the number of Shares purchasable with up to fifteen percent (15%) of such Eligible Employee’s Earnings paid during such Offering after the Eligible
Employee first commences participation; provided, however, that no employee may purchase Shares on a particular Purchase Date that would result in more than fifteen percent (15%) of such employee’s Earnings in the period from the Offering Date
to such Purchase Date having been applied to purchase Shares under all ongoing Offerings under the Plan and all other Company plans intended to qualify as “employee stock purchase plans” under Section 423 of the Internal Revenue Code of
1986, as amended (the “Code”). 
  
 (b) For this
Offering, “Earnings” means the total compensation paid to an employee, including all salary, wages (including amounts elected to be deferred by the employee, that would otherwise have been paid, under any cash or deferred arrangement
established by the Company), overtime pay, commissions, bonuses, and other remuneration paid directly to the employee, but excluding profit sharing, the cost of employee benefits paid for by the Company, education or tuition reimbursements, imputed
income arising under any Company group insurance or benefit program, traveling expenses, business and moving expense reimbursements, income received in connection with stock options, contributions made by the Company under any employee benefit plan,
and similar items of compensation. 
  
 (c) Notwithstanding the
foregoing, the maximum number of Shares an Eligible Employee may purchase on any Purchase Date in an Offering shall be such number of Shares as has a fair market value (determined as of the Offering Date for such Offering) equal to (x) $25,000
multiplied by the number of calendar years in which the Right under such Offering has been outstanding at any time, minus (y) the fair market value of any other Shares (determined as of the relevant Offering Date with respect to such Shares) which,
for purposes of the limitation of Section 423(b)(8) of the Code, are attributed to any of such calendar years in which the Right is outstanding. The amount in clause (y) of the previous sentence shall be determined in accordance with regulations
applicable under Section 423(b)(8) of the Code based on (i) the number of Shares previously purchased with respect to such calendar years pursuant to such Offering or any other Offering under the Plan, or pursuant to any other Company plans intended
to qualify as “employee stock purchase plans” under Section 423 of the Code, and (ii) the number of Shares subject to other Rights outstanding on the Offering Date for such Offering pursuant to the Plan or any other such Company plan.

 (d) With respect to any Offering commencing on or after November 1, 2002, the maximum number of Shares
that may be purchased by any Eligible Employee in each Offering shall be 20,000 Shares. The maximum aggregate number of Shares available to be purchased by all Eligible Employees under an Offering shall be the number of Shares remaining available
under the Plan on the Offering Date. If the aggregate purchase of Shares upon exercise of Rights granted under the Offering would exceed the maximum aggregate number of Shares available, the Board shall make a pro rata allocation of the Shares
available in a uniform and equitable manner. 
  
 4. Purchase Price.

  
 The purchase price of the Shares under the Offering shall
be the lesser of eighty-five percent (85%) of the fair market value of the Shares on the Offering Date or eighty-five percent (85%) of the fair market value of the Shares on the Purchase Date, in each case rounded up to the nearest whole cent per
Share. 
  
 5. Participation. 
  
 (a) An Eligible Employee may elect to participate in an Offering only at the
beginning of the Offering or such later date specified in subparagraph 2(c). 
  
 (b) A Participant who is enrolled in an Offering automatically will be enrolled in the next Offering that commences after the current Offering ends. 
  
 (c) An Eligible Employee shall become a Participant in an Offering by delivering an agreement authorizing payroll
deductions. Such deductions must be in whole percentages, with a minimum percentage of one percent (1%) and a maximum percentage of fifteen percent (15%) of Earnings. A Participant may not make additional payments into his or her account. The
agreement shall be made on such enrollment form as the Company provides, and must be delivered to the Company at least ten (10) days before the Offering Date, or before such later date specified in subparagraph 2(c), in advance of the date of
participation to be effective, unless a later time for filing the enrollment form is set by the Board for all Eligible Employees with respect to a given Offering Date. 
  
 (d) If the agreement authorizing payroll deductions is required to be delivered to the Company or designated Affiliate a
specified number of days before the Offering Date to be effective, then an employee who becomes eligible during the required delivery period shall not be considered to be an Eligible Employee at the beginning of the Offering but may elect to
participate during the Offering as provided in subparagraph 2(c). 
  
 6.
Changing Participation Level during Offering; Withdrawal from Offering. 
  
 (a) A Participant may not increase his or her deductions during the course of a Purchase Period. A Participant may increase or decrease his or her deductions prior to the beginning of a new Purchase Period or a new
Offering, to be effective at the beginning of such new Purchase Period or new Offering. A Participant shall make a change in his or her participation level by delivering a notice to the Company in such form and at such time as the Company provides.

  
 (b) A Participant may reduce (including to zero) his or her
deductions once (and only once) during a Purchase Period, effective as soon as administratively practicable. A Participant shall make a change in his or her participation level by delivering a notice to the Company in such form and at such time as
the Company provides. 
  
 (c) Except as otherwise specifically
provided herein, a Participant may not increase or decrease his or her participation level during the course of an Offering. 
  
 (d) Notwithstanding the foregoing, a Participant may withdraw from an Offering and receive his or her accumulated payroll deductions from the Offering
(reduced to the extent, if any, such deductions have been used to acquire Shares for the Participant on any prior Purchase Dates), without interest, at any time 

 prior to the end of the Offering, excluding only each ten (10) day period immediately preceding a Purchase Date (or such
shorter period of time determined by the Company and communicated to Participants) by delivering a withdrawal notice to the Company in such form as the Company provides. 
  
 7. Purchases. 
  
 Subject to the limitations contained herein, on each Purchase Date, each Participant’s accumulated payroll deductions (without any increase for
interest) shall be applied to the purchase of whole Shares, up to the maximum number of Shares permitted under the Plan and the Offering. 
  
 8. Notices and Agreements. 
  
 Any notices or agreements provided for in an Offering or the Plan shall be given in writing, in a form provided by the Company, and unless specifically
provided for in the Plan or this Offering shall be deemed effectively given upon receipt or, in the case of notices and agreements delivered by the Company, five (5) days after deposit in the United States mail, postage prepaid. 
  
 9. Exercise Contingent on Stockholder Approval. 
  
 The Rights granted under an Offering are subject to the approval of the Plan
by the Shareholders as required for the Plan to obtain treatment as a tax-qualified employee stock purchase plan under Section 423 of the Code. 
  
 10. Offering Subject to Plan. 
  
 Each Offering is subject to all the provisions of the Plan, and its provisions are hereby made a part of the Offering, and is further subject to all
interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan.Amendment to the Company's Credit Agreement

 EXHIBIT 10.(i) 
  
 THE L.S. STARRETT COMPANY 
  
 SECOND AMENDMENT 
  
 THIS SECOND AMENDMENT (this “Amendment”) is entered into as of April 29, 2005 by and among THE L.S. STARRETT COMPANY, a
Massachusetts corporation with its chief executive office at 121 Crescent Street, Athol, Massachusetts 01331 (the “Borrower”) and Fleet National Bank, as Agent (the “Agent”), and in its capacity as a Lender
(“Fleet Bank”) under the Credit Agreement, as defined below, having its principal place of business at 100 Federal Street, Boston, Massachusetts 02110. Capitalized terms not otherwise defined herein shall have the meanings ascribed
to them in the Credit Agreement, as defined below. 
  
 R E C I T
A L S 
  
 WHEREAS, the Borrower, the Agent and Fleet Bank have
previously entered into a Credit Agreement dated as of June 13, 2000, as amended by a First Amendment dated as of March 1, 2004 (as amended, the “Credit Agreement”); 
  
 WHEREAS, the Borrower has requested certain modifications to the Credit Agreement and Fleet Bank has agreed to permit such
modifications to the Credit Agreement on the terms set forth herein; 
  
 NOW THEREFORE, in consideration of the foregoing premises and the mutual benefits to be derived by the Borrower and Fleet Bank from a continuing relationship under the Credit Agreement and for other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
  
 A. Amendments to Credit Agreement. 
  
 1.
The following defined term appearing in Section 1.01 of the Credit Agreement is hereby amended in its entirety to read as follows: 
  
 “Revolving Credit Termination Date” means the earlier of (i) September 13, 2007, and (ii) the date of any acceleration of the Loans pursuant to
Section 6.01. 
  
 2. Section 2.01(b) of the Credit Agreement is hereby
amended in its entirety to read as follows: 
  
 (b) Letters of
Credit. Subject to the terms and conditions set forth herein, and so long as no Default or Event of Default has occurred which is continuing, the Borrower may request, and the Issuer agrees to issue, on any Business Day Letters of Credit for the
account of the Borrower, provided that the aggregate outstanding amount of all Letters of Credit and all Unpaid Drawings (after giving effect to such request) shall not exceed the lesser of (i) $3,000,000, and (ii) the Unused Revolving Credit
Commitment. Unless otherwise agreed to by the 
  
 #511342.6 (010000/110355)
L.S. Starrett Second Amendment 

 Issuer and each Lender, each Letter of Credit shall by its terms terminate or be terminable by the Issuer
on such date that would result in all drawings thereunder, or any acceptances created thereunder, being funded pursuant to the terms thereof prior to the earlier of (x)(a) in the case of Standby Letters of Credit, the date which occurs twelve (12)
months after the date of issuance thereof (although any such Letter of Credit may be extendable for successive periods of up to twelve (12) months, but not beyond the (6th) sixth Business Day prior to the Revolving Credit Termination Date, on terms reasonably acceptable to the Issuer), and (b) in the case of Trade Letters of
Credit, the date which occurs six (6) months (or up to one year with the consent of the Issuer) after the date of the issuance thereof, but not beyond the fifteenth (15th) Business Day prior to the Revolving Credit Termination Date. 
  
 3. Schedule 4.08 (“List of Subsidiaries”) is hereby deleted and new
Schedule 4.08 attached to this Amendment is substituted in its stead. 
  
 B. Representations and Warranties. The Borrower represents and warrants to the Agent and Fleet Bank that: (a) the Borrower has the full power and authority to execute, deliver and perform its respective
obligations under, the Credit Agreement, as amended by this Amendment, (b) the execution and delivery of this Amendment has been duly authorized by all necessary action of the Board of Directors of the Borrower; (c) the representations and
warranties contained or referred to in Article IV of the Credit Agreement are true and accurate in all material respects as of the date of this Amendment; and (d) no Event of Default has occurred and is continuing or will result after giving effect
to this Amendment and the transactions contemplated by this Amendment and the Credit Agreement. 
  
 C. Other. 
  
 1. This Amendment shall take effect upon the receipt by the Agent of: 
  

	 	(i)	this Amendment duly executed by the Borrower, the Agent and Fleet Bank; 

  

	 	(ii)	Limited Guaranty executed by the Borrower in favor of Bank of America, N.A. (“BofA”) with respect to the obligations of The L.S. Starrett Co., LTD., a company
organized under the laws of Scotland (“Starrett Ltd.”) all of the outstanding shares of which are owned, directly or indirectly, by the Borrower, and Starrett Precision Optical, a company organized under the laws of England and a
wholly-owned subsidiary of Starrett Ltd., to BofA (the “UK Guaranty”); 

  

	 	(iii)	Limited Guaranty executed by the Borrower in favor of BofA with respect to the obligations of Starrett Industria E Comércio Ltda, a company organized under the laws of the
Federal Republic of Brazil to BofA (the “Brazil Guaranty”); 

  
 #511342.6 (010000/110355) L.S. Starrett Second Amendment 
  

 -2- 

	 	(iv)	Corporate Authorizations: 

  

	 	a.	Bringdown Certificate with respect to this Amendment and the UK Guaranty executed by the Assistant Secretary of the Borrower with regard to resolutions, organizational matters and
officer incumbencies previously certified on June 13, 2000; and 

  

	 	b.	Certificate with respect to the Brazil Guaranty executed by the Assistant Secretary of the Borrower with regard to organizational and authority matters. 

  

	 	(v)	Good Standing Certificate certified by the Secretary of the Commonwealth of Massachusetts; and 

  

	 	(iv)	payment of all reasonable costs and expenses (including, without limitation, the reasonable costs and expenses of the Agent’s counsel) incurred by the Agent in connection with
this Amendment. 

  
 2. This Amendment is executed as
an instrument under seal and shall be governed by and construed in accordance with the laws of The Commonwealth of Massachusetts without regard to its conflicts of law rules. All parts of the Credit Agreement not affected by this Amendment are
hereby ratified and affirmed in all respects, provided that if any provision of the Credit Agreement shall conflict or be inconsistent with this Amendment, the terms of this Amendment shall supersede and prevail. Upon the execution of
this Amendment, all references to the Credit Agreement in that document, or in any related document, shall mean the Credit Agreement as amended by this Amendment. Except as expressly provided in this Amendment, the execution and delivery of this
Amendment does not and will not amend, modify or supplement any provision of, or constitute a consent to or a waiver of any noncompliance with the provisions of the Credit Agreement, and, except as specifically provided in this Amendment, the Credit
Agreement shall remain in full force and effect. This Amendment may be executed in one or more counterparts with the same effect as if the signatures hereto and thereto were upon the same instrument. 
  
 [SIGNATURE PAGES FOLLOW] 
  
 #511342.6 (010000/110355) L.S. Starrett Second
Amendment 
  

 -3- 

 IN WITNESS WHEREOF, each of the Borrower, the Agent and Fleet Bank in accordance with Section 9.06 of the
Credit Agreement, has caused this Amendment to be executed and delivered by their respective duly authorized officers as of the date set forth in the preamble on page one of this Amendment. 
  

					
	 	 	BORROWER:
		
	WITNESSED:	 	THE L.S. STARRETT COMPANY
			
	 /s/ Roy V. Lake

	 	 By:
	 	 /s/ Roger U. Wellington, Jr.

	Roy V. Lake	 	 	 	Roger U. Wellington, Jr.
	Print Name	 	 	 	Vice President, Treasurer and Chief Financial Officer
		
	 	 	AGENT:
		
	 	 	FLEET NATIONAL BANK, as Agent
			
	 	 	By:	 	 /s/ Elise M. Russo

	 	 	 	 	Elise M. Russo
	 	 	 	 	Senior Vice President
		
	 	 	LENDER:
		
	 	 	FLEET NATIONAL BANK
			
	 	 	By:	 	 /s/ Elise M. Russo

	 	 	 	 	Elise M. Russo
	 	 	 	 	Senior Vice President

  
 [Signature Page: L.S. Starrett Second
Amendment] 

 SCHEDULE 4.08 
  
 LIST OF SUBSIDIARIES OF THE L.S. STARRETT COMPANY 
  

									
	 Name

	  	 Owner

	  	Percentage
Ownership

	 	Organizational
Jurisdiction

	  	Consolidated Domestic
Subsidiary (Y/N)

	 STARRETT SECURITIES CORPORATION
	  	The L.S. Starrett Company	  	100%	 	MA	  	Y
					
	 EVANS RULE COMPANY, INC.
	  	The L.S. Starrett Company	  	100%	 	NJ	  	Y
					
	 	  	Evans Rule Companies, Inc.	  	100%	 	Dominican
Republic	  	N
					
	 TAYLOR INVESTMENTS, INC.
	  	Evans Rule Company, Inc.	  	100%	 	NJ	  	Y
					
	 E-R RULE COMPANY OF PUERTO RICO, INC.
	  	Taylor Investments, Inc.	  	100%	 	NJ	  	Y
					
	 THE L. S. STARRETT CO. OF CANADA LIMITED
	  	The L.S. Starrett Company	  	100%	 	Ontario	  	N
					
	 THE L. S. STARRETT COMPANY LIMITED
	  	The L.S. Starrett Company	  	100%	 	Scotland	  	N
					
	 STARRETT PRECISION OPTICAL LIMITED
	  	The L.S. Starrett Company Limited	  	100%	 	England	  	N
					
	 STARRETT GMBH
	  	The L.S. Starrett Company Limited	  	100%	 	Germany	  	N
					
	 STARRETT INDUSTRIA E COMMERCIO LTDA.
	  	The L.S. Starrett Company	  	100%	 	Brazil	  	N
					
	 	  	Starrett Industria E Commercia Ltda	  	100%	 	Argentina	  	N
					
	 LEVEL INDUSTRIES, INC.
	  	The L.S. Starrett Company	  	100%	 	MA	  	Y
					
	 THE L.S.STARRETT COMPANY OF MEXICO, S. de R.L. de C.V.
	  	The L.S. Starrett Company	  	100%	 	Mexico	  	N
					
	 STARRETT TOOLS (SUZHOU) CO. LTD
	  	The L.S. Starrett Company	  	100%	 	China	  	N
					
	 STARRETT TOOLS (SHANGHAI) CO. LTD
	  	The L.S. Starrett Company	  	100%	 	China	  	N
					
	 THE L.S. STARRETT CO. OF AUSTRALIA PTY LTD
	  	The L.S. Starrett Company	  	100%	 	Australia	  	N
					
	 STARRETT METROLOGY SERVICES, INC. (Inactive Since 12/27/03)
	  	The L.S. Starrett Company	  	100%	 	DE	  	Y

  
 #511342.6 (010000/110355) L.S.
Starrett Second Amendment

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]