Document:

EX-10.2

Exhibit 10.2

EXHIBIT A

CONFIDENTIALITY, NON-COMPETITION & SEPARATION PAY AGREEMENT

     As an associate in a management role of Tween Brands, Inc. (the “Company”), I have access to
trade secrets and other confidential or proprietary information (“Confidential Information”) of the
Company. I may also originate or develop Confidential Information in connection with the
performance of my duties with the Company. I understand that all of such Confidential Information
as well as any inventions, designs or innovations that I conceive or devise from my use of the
Company’s time, equipment, facilities and support services belong exclusively to the Company, and
that it may not be used for my personal benefit, the benefit of a competitor, or for the benefit of
any person or entity other than the Company.

     THEREFORE, in consideration of separation allowances as described in paragraph 4, and in the
form of the 2006 Tween Brands stock option award to receive 12,000 restricted shares and options to
acquire 30,000 shares of common stock of Tween Brands pursuant to the terms of the agreement and in
recognition of the highly competitive nature of the business conduct by the Company, I agree as
follows:

     1. I will at all times during my employment with the Company and thereafter faithfully hold
the Company’s Confidential Information in the strictest confidence, and I will use my best efforts
and highest diligence to guard against its disclosure to anyone other than as expressly required in
the performance of my duties to the Company. I understand that Confidential Information includes,
among other things, any information and materials pertaining to products, designs, formulas,
packaging or processes, and developments or improvements relating to them; licensing, sourcing,
manufacturing, merchandising, packaging plans and techniques, advertising, marketing and
promotional plans and policies; distribution or sales plans and methods; technical and business
procedures or strategies; sales, profit or other financial information; relationships between the
Company and any of its customers, suppliers or employees; stores and real estate; and the salaries,
compensation, performance history or any other personnel information relating to employees of the
Company. “Confidential Information” does not include information that, now or in the future, is
generally available to the public (other than through improper disclosure by me) or information
acquired from a third party who had authority to disclose it.

     2. Upon my separation from the Company, regardless of the reason for my separation, I will
return to the Company all documents and other materials of any kind that contain Confidential
Information.

     3. If I leave the Company for any reason whatsoever, then for a period of twelve (12) months
after my separation from the Company, I will not directly or indirectly solicit, induce or attempt
to influence any associate to leave the employment of the Company, nor will I in any way assist
anyone else in doing so.

Page 1 of 2

 

     4. I understand that my employment with the Company is and at all times shall be “at will,”
which means that either the Company or I may terminate my employment at any time, for any reason or
for no reason. However, if my employment with the Company is terminated by the Company for reasons
other than for cause as defined below, I understand that the Company will continue to pay me my
weekly base salary for a period of fifty-two (52) weeks, minus the deductions required by law and
subject to a deduction of any salary or compensation that I earn from other employment or
self-employment during the time period is question, regardless of when such amount is payable.
Cause for termination of my employment shall exist in the event I: (1) willfully fail to perform my
duties with the Company (other than a failure resulting from my incapacity due to a physical or
mental illness); or (2) plead “guilty” or “no contest” to or am convicted of an act which is
defined as a felony under federal or state law; or (3) engage in willful misconduct in bad faith
which could reasonably be expected to materially harm the Company’s business or its reputation.

     5. If I decide to resign my employment with the Company, I understand the Company requests
that I provide a thirty (30) day prior written notice.

     6. If I leave the Company for any reason, I will not, for a period of twelve (12) months after
my separation from the company, directly or indirectly, work for or contribute to the efforts of
any business organization that competes, or plans to compete, with the Company or its products.

     7. This Agreement will be governed by and interpreted in accordance with Ohio law.

      

	 	 	 
	/s/ Rolando de Aguiar

	 	5/14/08
	 

	 	 
	Rolando de Aguiar

	 	Date
	 
	 	 
	 
	 	 
	 
	 	 
	Tween Brands, Inc.
	 	 
	 
	 	 
	 
	 	 
	/s/ Michael Keane

	 	5/08/08
	 

	 	 
	Michael Keane

	 	Date
	Senior Vice President Human Resources
	 	 

Page 2 of 2exv10w1

Exhibit 10.1

EXECUTION COPY

JPMorgan Chase Bank, National Association

P.O. Box 161

60 Victoria Embankment

London EC4Y 0JP

England

May 16, 2008

To: TTM Technologies, Inc.

2630 South Harbor Boulevard

Santa Ana, California 92704

Attention: Treasurer

Telephone No.:      (714) 327-3049

Facsimile No.:      (714) 668-9411

Re: Call Option Transaction

     The purpose of this letter agreement (this “Confirmation”) is to confirm the terms and
conditions of the call option transaction entered into between JPMorgan Chase Bank, National
Association, London Branch (“JPMorgan”) and TTM Technologies, Inc. (“Counterparty”) as of the Trade
Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as
referred to in the ISDA Master Agreement specified below. This Confirmation shall replace any
previous agreements and serve as the final documentation for this Transaction.

     The definitions and provisions contained in the 2002 ISDA Equity Derivatives Definitions (the
"Equity Definitions”), as published by the International Swaps and Derivatives Association, Inc.
(“ISDA”) are incorporated into this Confirmation. In the event of any inconsistency between the
Equity Definitions and this Confirmation, this Confirmation shall govern. Certain defined terms
used herein have the meanings assigned to them in the Prospectus Supplement dated May 8, 2008 (the
"Prospectus Supplement”) to the Prospectus dated April 7, 2008 (as so supplemented, the
"Prospectus”) relating to the USD 175,000,000 principal amount of Convertible Senior Notes due
2015, (the “Convertible Notes” and each USD 1,000 principal amount of Convertible Notes, a
"Convertible Note”) issued by Counterparty pursuant to an Indenture dated May 14, 2008 (the “Base
Indenture”) and a supplemental indenture dated May 14, 2008 (the “Supplemental Indenture”, together
with the Base Indenture, the “Indenture") between Counterparty and American Stock Transfer & Trust
Company, as trustee. In the event of any inconsistency between the terms defined in the
Prospectus, the Indenture and this Confirmation, this Confirmation shall govern. The parties
acknowledge that this Confirmation is entered into on the date hereof with the understanding that
(i) definitions set forth in the Indenture which are also defined herein by reference to the
Indenture and (ii) sections of the Indenture that are referred to herein will conform to the
descriptions thereof in the Prospectus. If any such definitions in the Indenture or any such
sections of the Indenture differ from the descriptions thereof in the Prospectus, the descriptions
thereof in the Prospectus will govern for purposes of this Confirmation. For the avoidance of
doubt, references to the Indenture herein are references to the Indenture as in effect on the date
of its execution and if the Indenture is amended following its execution, any such amendment will
be disregarded for purposes of this Confirmation unless the parties agree otherwise in writing.

     Each party is hereby advised, and each such party acknowledges, that the other party has
engaged in, or refrained from engaging in, substantial financial transactions and has taken other
material actions in reliance upon the parties’ entry into the Transaction to which this
Confirmation relates on the terms and conditions set forth below.

JPMorgan Chase Bank, National Association

Organised under the laws of the United States as a National Banking Association.

Main Office 1111 Polaris Parkway, Columbus, Ohio 43271

Registered as a branch in England & Wales branch No. BR000746. Registered

Branch Office 125 London Wall, London EC2Y 5AJ

Authorised and regulated by the Financial Services Authority

 

 

1. This Confirmation evidences a complete and binding agreement between JPMorgan and Counterparty
as to the terms of the Transaction to which this Confirmation relates. This Confirmation shall
supplement, form a part of, and be subject to an agreement in the form of the 2002 ISDA Master
Agreement (the “Agreement”) as if JPMorgan and Counterparty had executed an agreement in such form
(but without any Schedule except for the election of the laws of the State of New York as the
governing law) on the Trade Date. In the event of any inconsistency between provisions of that
Agreement and this Confirmation, this Confirmation will prevail for the purpose of the Transaction
to which this Confirmation relates. The parties hereby agree that no Transaction other than the
Transaction to which this Confirmation relates shall be governed by the Agreement.

2. The terms of the particular Transaction to which this Confirmation relates are as follows:

General Terms:

	 	 	 	 	 
	 

	 	Trade Date:
	 	May 16, 2008
	 
	 	 	 	 
	 

	 	Effective Date:
	 	May 20, 2008; provided that the Effective Date
shall not occur and this Confirmation and the
Agreement shall become null and void if
Counterparty has not paid the Premium on the
Premium Payment Date.
	 
	 	 	 	 
	 

	 	Option Style:
	 	“Modified American”, as described under “Procedures
for Exercise” below
	 
	 	 	 	 
	 

	 	Option Type:
	 	Call
	 
	 	 	 	 
	 

	 	Buyer:
	 	Counterparty
	 
	 	 	 	 
	 

	 	Seller:
	 	JPMorgan
	 
	 	 	 	 
	 

	 	Shares:
	 	The common stock of Counterparty, par value USD
0.001 per Share (Exchange symbol “TTMI”)
	 
	 	 	 	 
	 

	 	Number of Options:
	 	20,000. For the avoidance of doubt, the Number of
Options shall be reduced by any Options exercised
by Counterparty. In no event will the Number of
Options be less than zero.
	 
	 	 	 	 
	 

	 	Applicable Percentage:
	 	50%
	 
	 	 	 	 
	 

	 	Option Entitlement:
	 	As of any date, a number equal to the product of
the Applicable Percentage and the Conversion Rate
as of such date (as defined in the Supplemental
Indenture, but without regard to any adjustments to
the Conversion Rate pursuant to Section 6.04(h),
6.04(i) or 6.07 of the Supplemental Indenture), for
each Convertible Note.
	 
	 	 	 	 
	 

	 	Strike Price:
	 	USD 15.9630
	 
	 	 	 	 
	 

	 	Premium:	 	USD 2,186,139.00.
	 
	 	 	 	 
	 

	 	Premium Payment Date:
	 	May 20, 2008
	 
	 	 	 	 
	 

	 	Exchange:
	 	The NASDAQ Global Select Market

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	 	Related Exchange(s):
	 	All Exchanges

Procedures for Exercise:

	 	 	 	 	 
	 

	 	Exercise Period(s):
	 	Notwithstanding anything to the contrary in the
Equity Definitions, an Exercise Period shall occur
with respect to an Option hereunder only if such
Option is an Exercisable Option (as defined below)
and the Exercise Period shall be, in respect of any
Exercisable Option, the period commencing on, and
including, the relevant Conversion Date and ending
on, and including, the Scheduled Valid Day
immediately preceding the first day of the relevant
Settlement Averaging Period in respect of such
Conversion Date; provided that in respect of
Exercisable Options relating to Convertible Notes for
which the relevant Conversion Date occurs on or after
the sixty-fifth (65th) Scheduled Valid Day
immediately preceding the Expiration Date (the
“Changeover Date”), the final day of the Exercise
Period shall be the Scheduled Valid Day immediately
preceding the Expiration Date.
	 
	 	 	 	 
	 

	 	Conversion Date:
	 	With respect to any conversion of Convertible Notes,
the date on which the Holder (as such term is defined
in the Supplemental Indenture) of such Convertible
Notes satisfies all of the requirements for
conversion thereof as set forth in Section 6.02(b) of
the Supplemental Indenture.
	 
	 	 	 	 
	 

	 	Exercisable Options:
	 	In respect of each Exercise Period, a number of
Options equal to the number of Convertible Notes
surrendered to Counterparty for conversion with
respect to such Exercise Period but no greater than
the Number of Options.
	 
	 	 	 	 
	 

	 	Expiration Time:
	 	The Valuation Time
	 
	 	 	 	 
	 

	 	Expiration Date:
	 	May 15, 2015, subject to earlier exercise.
	 
	 	 	 	 
	 

	 	Multiple Exercise:
	 	Applicable, as described under Exercisable Options
above.
	 
	 	 	 	 
	 

	 	Automatic Exercise:
	 	Applicable; and means that in respect of an Exercise
Period, a number of Options not previously exercised
hereunder equal to the number of Exercisable Options
shall be deemed to be exercised on the final day of
such Exercise Period for such Exercisable Options;
provided that such Options shall be deemed exercised
only to the extent that Counterparty has provided a
Notice of Exercise to JPMorgan.
	 
	 	 	 	 
	 

	 	Notice of Exercise:
	 	Notwithstanding anything to the contrary in the
Equity Definitions, in order to exercise any
Exercisable Options, Counterparty must (A) have
exercised all Options under the Call Option
Confirmation dated May 8, 2008 between Company
and JPMorgan and (B) notify

3

 

	 	 	 	 	 
	 

	 	 	 	JPMorgan in writing before 5:00 p.m. (New York City time) on the
Scheduled Valid Day prior to the scheduled first
day of the Settlement Averaging Period for the
Exercisable Options being exercised of (i) the
number of such Options and (ii) the scheduled
first day of the Settlement Averaging Period and
the scheduled Settlement Date; provided that in
respect of Exercisable Options relating to
Convertible Notes with a Conversion Date
occurring on or after the Changeover Date, such
notice may be given on or prior to the second
Scheduled Valid Day immediately preceding the
Expiration Date and need only specify the number
of such Exercisable Options.
	 
	 	 	 	 
	 

	 	Valuation Time:
	 	At the close of trading of the regular trading
session on the Exchange; provided that if the
principal trading session is extended, the
Calculation Agent shall determine the Valuation
Time in its reasonable discretion.
	 
	 	 	 	 
	 

	 	Market Disruption Event:
	 	Section 6.3(a) of the Equity Definitions is
hereby replaced in its entirety by the following:
	 
	 	 	 	 
	 

	 	 	 	“‘Market Disruption Event’ means in respect of a
Share, (i) a failure by the primary United States
national or regional securities exchange or
market on which Shares are listed or admitted to
trading to open for trading during its regular
trading session or (ii) the occurrence or
existence for more than one half-hour period in
the aggregate on any Scheduled Valid Day for the
Shares of any suspension or limitation imposed on
trading (by reason of movements in price
exceeding limits permitted by the relevant stock
exchange or otherwise) in the Shares or in any
options, contracts or future contracts relating
to the Shares, and such suspension or limitation
occurs or exists at any time before 1:00 p.m.
(New York City time) on such day.”

Settlement Terms:

	 	 	 	 	 
	 

	 	Settlement Method:
	 	Net Share Settlement
	 
	 	 	 	 
	 

	 	Net Share Settlement:
	 	JPMorgan will deliver to Counterparty, on
the relevant Settlement Date, a number of
Shares equal to the Net Shares in respect of
any Exercisable Option exercised or deemed
exercised hereunder. In no event will the
Net Shares be less than zero.
	 
	 	 	 	 
	 

	 	Net Shares:
	 	In respect of any Exercisable Option
exercised or deemed exercised, a number of
Shares equal to (A) the sum of the
quotients, for each Valid Day during the
Settlement Averaging Period for such
Exercisable Option, of (x) the Option
Entitlement on such Valid Day multiplied by
(y) the Relevant Price on such Valid Day
less the Strike Price, divided by (z) such
Relevant Price, divided by (B) the number of
Valid Days in the

4

 

	 	 	 	 	 
	 

	 	 	 	Settlement Averaging
Period; provided, however, that if the
calculation contained in clause (y) above
results in a negative number, such number
shall be replaced with the number “zero”.
JPMorgan will deliver cash in lieu of any
fractional Shares to be delivered with
respect to any Net Shares valued at the
Relevant Price for the last Valid Day of the
Settlement Averaging Period.
	 
	 	 	 	 
	 

	 	Valid Day:
	 	A day on which (i) trading in the Shares
generally occurs on the Exchange or, if the
Shares are not then listed on the Exchange,
on the principal other United States
national or regional securities exchange on
which the Shares are then listed or, if the
Shares are not then listed on a United
States national or regional securities
exchange, on the principal other market on
which the Shares are then traded and (ii)
there is no Market Disruption Event.
	 
	 	 	 	 
	 

	 	Scheduled Valid Day:
	 	A day on which trading in the Shares is
scheduled to occur on the principal United
States national or regional securities
exchange or market on which the Shares are
listed or admitted for trading.
	 
	 	 	 	 
	 

	 	Relevant Price:
	 	On any Valid Day, the per Share
volume-weighted average price as displayed
under the heading “Bloomberg VWAP” on
Bloomberg page TTMI.UQ <equity> AQR
(or any successor thereto) in respect of the
period from the scheduled opening time of
the Exchange to the Scheduled Closing Time
of the Exchange on such Valid Day (or if
such volume-weighted average price is
unavailable, the market value of one Share
on such Valid Day, as determined by the
Calculation Agent using a volume-weighted
method).
	 
	 	 	 	 
	 

	 	Settlement Averaging Period:
	 	For any Exercisable Option, (x) if
Counterparty has, on or prior to the
Changeover Date, delivered a Notice of
Exercise to JPMorgan with respect to such
Exercisable Option with a Conversion Date
occurring prior to the Changeover Date, the
sixty (60) consecutive Valid Days commencing
on and including the second Scheduled Valid
Day following such Conversion Date, or (y)
if Counterparty has, on or following the
Changeover Date, delivered a Notice of
Exercise to JPMorgan with respect to such
Exercisable Option with a Conversion Date
occurring on or following the Changeover
Date, the sixty (60) consecutive Valid Days
commencing on, and including, the
sixty-second (62nd) Scheduled Valid Day
immediately prior to the Expiration Date.
	 
	 	 	 	 
	 

	 	Settlement Date:
	 	For any Exercisable Option, the date Shares
will be delivered with respect to the
Convertible Notes related to such
Exercisable Options, under the terms of the
Supplemental Indenture.
	 
	 	 	 	 
	 

	 	Settlement Currency:
	 	USD

5

 

	 	 	 	 	 
	 

	 	Other Applicable Provisions:
	 	The provisions of Sections 9.1(c), 9.8, 9.9,
9.11, 9.12 and 10.5 of the Equity
Definitions will be applicable, except that
all references in such provisions to
“Physically-settled” shall be read as
references to “Net Share Settled”. “Net
Share Settled” in relation to any Option
means that Net Share Settlement is
applicable to that Option.
	 
	 	 	 	 
	 

	 	Representation and Agreement:
	 	Notwithstanding Section 9.11 of the Equity
Definitions, the parties acknowledge that
any Shares delivered to Counterparty shall
be, upon delivery, subject to restrictions
and limitations arising from Counterparty’s
status as issuer of the Shares under
applicable securities laws.

3. Additional Terms applicable to the Transaction:

Adjustments applicable to the Transaction:

	 	 	 	 	 
	 

	 	Potential Adjustment Events:
	 	Notwithstanding Section 11.2(e)
of the Equity Definitions, a
“Potential Adjustment Event”
means an occurrence of any
event or condition, as set
forth in Section 6.04 of the
Supplemental Indenture that
would result in an adjustment
to the Conversion Rate of the
Convertible Notes; provided
that in no event shall there be
any adjustment hereunder as a
result of an adjustment to the
Conversion Rate pursuant to
Section 6.04(h), 6.04(i) or
6.07 of the Supplemental
Indenture.
	 
	 	 	 	 
	 

	 	Method of Adjustment:
	 	Calculation Agent Adjustment,
and means that, notwithstanding
Section 11.2(c) of the Equity
Definitions, upon any
adjustment to the Conversion
Rate of the Convertible Notes
pursuant to the Supplemental
Indenture (other than Sections
6.04(h), 6.04(i) and 6.07 of
the Supplemental Indenture),
the Calculation Agent will make
a corresponding adjustment to
any one or more of the Strike
Price, the Option Entitlement
and any other variable relevant
to the exercise, settlement or
payment for the Transaction.

Extraordinary Events applicable to the Transaction:

	 	 	 	 	 
	 

	 	Merger Events:
	 	Applicable; provided that
notwithstanding Section 12.1(b)
of the Equity Definitions, a
“Merger Event” means the
occurrence of any event or
condition set forth in Section
6.05 of the Supplemental
Indenture.
	 
	 	 	 	 
	 

	 	Tender Offers:
	 	Applicable; provided that
notwithstanding Section 12.1(d)
of the Equity Definitions, a
“Tender Offer” means the
occurrence of any event or
condition set forth in Section
6.04(e) of the Supplemental
Indenture.
	 
	 	 	 	 
	 

	 	Consequence of Merger Events/Tender
Offers:
	 	Notwithstanding Section 12.2 and
Section 12.3 of the Equity
Definitions, upon the occurrence
of a Merger Event or a Tender
Offer, the Calculation Agent
shall make a

6

 

	 	 	 	 	 
	 

	 	 	 	corresponding
adjustment in respect of any
adjustment under the
Supplemental Indenture to any
one or more of the nature of the
Shares, Strike Price, the Option
Entitlement and any other
variable relevant to the
exercise, settlement or payment
for the Transaction; provided,
however, that such adjustment
shall be made without regard to
any adjustment to the Conversion
Rate for the issuance of
additional shares as set forth
in Section 6.07 of the
Supplemental Indenture; provided
further that if, with respect to
a Merger Event or a Tender
Offer, the consideration for the
Shares includes (or, at the
option of a holder of Shares,
may include) shares of an entity
or person not organized under
the laws of the United States,
any State thereof or the
District of Columbia,”
Cancellation and Payment shall
apply.
	 
	 	 	 	 
	 

	 	Nationalization, Insolvency or Delisting:
	 	 Cancellation and Payment
(Calculation Agent
Determination); provided that,
in addition to the provisions of
Section 12.6(a)(iii) of the
Equity Definitions, it will also
constitute a Delisting if the
Exchange is located in the
United States and the Shares are
not immediately re-listed,
re-traded or re-quoted on any of
the New York Stock Exchange, the
American Stock Exchange, The
NASDAQ Global Select Market or
The NASDAQ Global Market (or
their respective successors); if
the Shares are immediately
re-listed, re-traded or
re-quoted on any of the New York
Stock Exchange, the American
Stock Exchange, The NASDAQ
Global Select Market or The
NASDAQ Global Market (or their
respective successors), such
exchange or quotation system
shall thereafter be deemed to be
the Exchange.
	 
	 	 	 	 
	 

	 	Additional Disruption Events:	 	 
	 
	 	 	 	 
	 

	 	Change in Law:
	 	Applicable
	 
	 	 	 	 
	 

	 	Failure to Deliver:
	 	Applicable
	 
	 	 	 	 
	 

	 	Determining Party:
	 	For all applicable Extraordinary Events, JPMorgan

	 	 	 
	Non-Reliance:

	 	Applicable
	 
	 	 
	Agreements and Acknowledgements Regarding Hedging Activities:
	 	Applicable
	 
	 	 
	Additional Acknowledgments:

	 	Applicable
	 
	 	 
	4. Calculation Agent:

	 	JPMorgan
	 
	 	 
	5. Account Details:
	 	 

	 	(a)	 	Account for payments to Counterparty:

To be provided by Counterparty

	 	 	 	Account for delivery of Shares to Counterparty:

To be provided by Counterparty

7

 

	 	(b)	 	Account for payments to JPMorgan:

JPMorgan Chase Bank, National Association, New York

ABA: 021 000 021

Favour: JPMorgan Chase Bank, National Association — London

A/C: 0010962009 CHASUS33

	 	 	 	Account for delivery of Shares from JPMorgan:
	 
	 	 	 	     DTC 0060

6. Offices:

The Office of Counterparty for the Transaction is: Inapplicable, Counterparty is not a Multibranch
Party.

The Office of JPMorgan for the Transaction is: London

JPMorgan Chase Bank, National Association

London Branch

P.O. Box 161

60 Victoria Embankment

London EC4Y 0JP

England

7. Notices: For purposes of this Confirmation:

	 	(a)	 	Address for notices or communications to Counterparty:

TTM Technologies, Inc.

2630 South Harbor Boulevard

Santa Ana, California 92704

Attention: Treasurer

Telephone No.: (714) 327-3049

Facsimile No.: (714) 668-9411

	 	(b)	 	Address for notices or communications to JPMorgan:

JPMorgan Chase Bank, National Association

277 Park Avenue, 11th Floor

New York, NY 10172

Attention: Mariusz Kwasnik

Title: Operations Analyst

EDG Corporate Marketing

Telephone No: (212) 622-6707

Facsimile No: (212) 622-8534

8

 

8. Representations and Warranties of Counterparty

The representations and warranties of Counterparty set forth in Section 3 of the Underwriting
Agreement (the “Underwriting Agreement”) dated as of May 8, 2008 between Counterparty and J.P.
Morgan Securities Inc. and UBS Securities LLC as representatives of the Underwriters party thereto
(the “Underwriters”) are true and correct and are hereby deemed to be repeated to JPMorgan as if
set forth herein. Counterparty hereby further represents and warrants to JPMorgan that:

	 	(a)	 	Counterparty has all necessary corporate power and authority to execute,
deliver and perform its obligations in respect of this Transaction; such execution,
delivery and performance have been duly authorized by all necessary corporate action
on Counterparty’s part; and this Confirmation has been duly and validly executed and
delivered by Counterparty and constitutes its valid and binding obligation,
enforceable
against Counterparty in accordance with its terms, subject to applicable
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and
similar laws affecting creditors’ rights and remedies generally, and subject, as to
enforceability, to general principles of equity, including principles of commercial
reasonableness, good faith and fair dealing (regardless of whether enforcement is
sought in a proceeding at law or in equity) and except that rights to
indemnification and contribution hereunder may be limited by federal or state
securities laws or public policy relating thereto.
	 
	 	(b)	 	Neither the execution and delivery of this Confirmation nor the incurrence or
performance of obligations of Counterparty hereunder will conflict with or result in a
breach of the certificate of incorporation or by-laws (or any equivalent documents) of
Counterparty, or any applicable law or regulation, or any order, writ, injunction or
decree of any court or governmental authority or agency, or any agreement or
instrument to which Counterparty or any of its subsidiaries is a party or by which
Counterparty or any of its subsidiaries is bound or to which Counterparty or any of
its subsidiaries is subject, or constitute a default under, or result in the creation
of any lien under, any such agreement or instrument.
	 
	 	(c)	 	No consent, approval, authorization, or order of, or filing with, any
governmental agency or body or any court is required in connection with the execution,
delivery or performance by Counterparty of this Confirmation, except such as have been
obtained or made and such as may be required under the Securities Act of 1933, as
amended (the “Securities Act”) or state securities laws.
	 
	 	(d)	 	Counterparty is not and will not be required to register as an “investment
company” as such term is defined in the Investment Company Act of 1940, as amended.
	 
	 	(e)	 	It is an “eligible contract participant” (as such term is defined in Section
1a(12) of the Commodity Exchange Act, as amended (the “CEA”)) because one or more of
the following is true:
	 
	 	 	 	Counterparty is a corporation, partnership, proprietorship, organization, trust or
other entity and:

	 	(A)	 	Counterparty has total assets in excess of USD 10,000,000;
	 
	 	(B)	 	the obligations of Counterparty hereunder are guaranteed, or
otherwise supported by a letter of credit or keepwell, support or other
agreement, by an entity of the type described in Section 1a(12)(A)(i) through
(iv), 1a(12)(A)(v)(I), 1a(12)(A)(vii) or 1a(12)(C) of the CEA; or
	 
	 	(C)	 	Counterparty has a net worth in excess of USD 1,000,000 and
has entered into this Agreement in connection with the conduct of
Counterparty’s business or to

9

 

	 	 	 	manage the risk associated with an asset or
liability owned or incurred or reasonably likely to be owned or incurred by
Counterparty in the conduct of Counterparty’s business.

	 	(f)	 	Each of it and its affiliates is not, on the date hereof, in possession of
any material non-public information with respect to Counterparty.

9. Other Provisions:

	 	(a)	 	Opinions. Counterparty shall deliver to JPMorgan an opinion of
counsel, dated as of the Trade Date, with respect to the matters set forth in Sections
8(a) through (c) of this Confirmation.
	 
	 	(b)	 	Repurchase Notices. Counterparty shall, on any day on which
Counterparty effects any repurchase of Shares, promptly give JPMorgan a written notice
of such repurchase (a “Repurchase Notice”) on such day if following such repurchase,
the number of outstanding Shares as determined on such day is (i) less than 41.24
million (in the case of the first such notice) or (ii) thereafter more than 1.3
million less than the number of Shares included in the immediately preceding
Repurchase Notice. Counterparty agrees to indemnify and hold harmless JPMorgan and
its affiliates and their respective officers, directors, employees, affiliates,
advisors, agents and controlling persons (each, an “Indemnified Person”) from and
against any and all losses (including losses relating to JPMorgan’s hedging activities
as a consequence of becoming, or of the risk of becoming, a Section 16 “insider”,
including without limitation, any forbearance from hedging activities or cessation of
hedging activities and any losses in connection therewith with respect to this
Transaction), claims, damages, judgments, liabilities and expenses (including
reasonable attorney’s fees), joint or several, which an Indemnified Person may become
subject to, as a result of Counterparty’s failure to provide JPMorgan with a
Repurchase Notice on the day and in the manner specified in this paragraph, and to
reimburse, within 30 days, upon written request, each of such Indemnified Persons for
any reasonable legal or other expenses incurred in connection with investigating,
preparing for, providing testimony or other evidence in connection with or defending
any of the foregoing. If any suit, action, proceeding (including any governmental or
regulatory investigation), claim or demand shall be brought or asserted against the
Indemnified Person as a result of Counterparty’s failure to provide JPMorgan with a
Repurchase Notice in accordance with this paragraph, such Indemnified Person shall
promptly notify Counterparty in writing, and Counterparty, upon request of the
Indemnified Person, shall retain counsel reasonably satisfactory to the Indemnified
Person to represent the Indemnified Person and any others Counterparty may designate
in such proceeding and shall pay the fees and expenses of such counsel related to such
proceeding. Counterparty shall not be liable for any settlement of any proceeding
contemplated by this paragraph that is effected without its written consent, but if
settled with such consent or if there be a final judgment for the plaintiff,
Counterparty agrees to indemnify any Indemnified Person from and against any loss or
liability by reason of such settlement or judgment. Counterparty shall not, without
the prior written consent of the Indemnified Person, effect any settlement of any
pending or threatened proceeding contemplated by this paragraph that is in respect of
which any Indemnified Person is or could have been a party and indemnity could have
been sought hereunder by such Indemnified Person, unless such settlement includes an
unconditional release of such Indemnified Person from all liability on claims that are
the subject matter of such proceeding on terms reasonably satisfactory to such
Indemnified Person. If the indemnification provided for in this paragraph
is
unavailable to an Indemnified Person or insufficient in respect of any losses, claims,
damages or liabilities referred to therein, then Counterparty hereunder, in lieu of
indemnifying such Indemnified Person thereunder, shall contribute to the amount paid
or payable by such Indemnified Person as a result of such losses, claims, damages or
liabilities. The remedies provided for in this paragraph

10

 

	 	 	 	(b) are not exclusive and
shall not limit any rights or remedies which may otherwise be available to any
Indemnified Party at law or in equity. The indemnity and contribution agreements
contained in this paragraph shall remain operative and in full force and effect
regardless of the termination of this Transaction.
	 
	 	(c)	 	Regulation M. Counterparty is not on the date hereof engaged in a
distribution, as such term is used in Regulation M under the Securities Exchange Act
of 1934, as amended (the “Exchange Act”), of any securities of Counterparty, other
than (i) a distribution meeting the requirements of the exception set forth in Rules
101(b)(10) and 102(b)(7) of Regulation M and (ii) the distribution of the Convertible
Notes. Counterparty shall not, until the second Scheduled Trading Day immediately
following the Trade Date, engage in any such distribution.
	 
	 	(d)	 	No Manipulation. Counterparty is not entering into this Transaction
to create actual or apparent trading activity in the Shares (or any security
convertible into or exchangeable for the Shares) or to raise or depress or otherwise
manipulate the price of the Shares (or any security convertible into or exchangeable
for the Shares) or otherwise in violation of the Exchange Act.
	 
	 	(e)	 	Transfer or Assignment. (i) Counterparty shall have the right to
transfer or assign its rights and obligations hereunder with respect to all, but not
less than all, of the Options hereunder (such Options, the “Transfer Options”);
provided that such transfer or assignment shall be subject to reasonable conditions
that JPMorgan may impose, including, but not limited, to the following conditions:

(A) With respect to any Transfer Options, Counterparty shall not be released
from its notice and indemnification obligations pursuant to Section 9(b) or any
obligations under Section 9(o) or 9(t) of this Confirmation;

(B) Any Transfer Options shall only be transferred or assigned to a third party
that is a United States person (as defined in the Internal Revenue Code of
1986, as amended);

(C) Such transfer or assignment shall be effected on terms, including any
reasonable undertakings by such third party (including, but not limited to, an
undertaking with respect to compliance with applicable securities laws in a
manner that, in the reasonable judgment of JPMorgan, will not expose JPMorgan
to material risks under applicable securities laws) and execution of any
documentation and delivery of legal opinions with respect to securities laws
and other matters by such third party and Counterparty, as are requested and
reasonably satisfactory to JPMorgan;

(D) JPMorgan will not, as a result of such transfer and assignment, be required
to pay the transferee on any payment date an amount under Section 2(d)(i)(4) of
the Agreement greater than an amount that JPMorgan would have been required to
pay to Counterparty in the absence of such transfer and assignment;

(E) An Event of Default, Potential Event of Default or Termination Event will
not occur as a result of such transfer and assignment;

(F) Without limiting the generality of clause (B), Counterparty shall cause the
transferee to make such Payee Tax Representations and to provide such tax
documentation as may be reasonably requested by JPMorgan to permit JPMorgan to
determine that results described in clauses (D) and (E) will not occur upon or
after such transfer and assignment; and

(G) Counterparty shall be responsible for all reasonable costs and expenses,
including reasonable counsel fees, incurred by JPMorgan in connection with such
transfer or assignment.

11

 

(ii) JPMorgan may, without Counterparty’s consent, transfer or assign all or any
part of its rights or obligations under the Transaction to any third party with a
rating for its long term, unsecured and unsubordinated indebtedness equal to or
better than the lesser of (1) the credit rating of JPMorgan at the time of the
transfer and (2) AA by Standard and Poor’s Rating Group, Inc. or its successor
(“S&P”), or Aa3 by Moody’s Investor Service, Inc. (“Moody’s”) or, if either S&P or
Moody’s ceases to rate such debt, at least an equivalent rating or better by a
substitute rating agency mutually agreed by Counterparty and JPMorgan. If after
JPMorgan’s commercially reasonable efforts, JPMorgan is unable to effect such a
transfer or assignment on pricing terms reasonably acceptable to JPMorgan and
within a time period reasonably acceptable to JPMorgan of a sufficient number of
Options to reduce (1) the number of shares that JPM Group directly or indirectly
beneficially owns to 8.0% of Counterparty’s outstanding Shares or less or (2) the
quotient of (x) the sum of (A) the Number of Shares under this Transaction and (B)
the “Number of Shares” (as defined in the Call Option Confirmation dated May 8,
2008
between Counterparty and JPMorgan) divided by (y) the number of Counterparty’s
outstanding Shares (such quotient expressed as a percentage, the “Option Equity
Percentage”) to 14.5% or less, JPMorgan may designate any Exchange Business Day as
an Early Termination Date with respect to a portion (the “Terminated Portion”) of
this Transaction, such that (1) the number of Shares that JPM Group directly or
indirectly beneficially owns following such partial termination will be equal to or
less than 8.0% of Counterparty’s outstanding Shares or (2) the Option Equity
Percentage following such partial termination will be equal to or less than 14.5%.
In the event that JPMorgan so designates an Early Termination Date with respect to
a portion of this Transaction, a payment shall be made pursuant to Section 6 of the
Agreement as if (1) an Early Termination Date had been designated in respect of a
Transaction having terms identical to this Transaction and a Number of Options
equal to the Terminated Portion, (2) Counterparty shall be the sole Affected Party
with respect to such partial termination and (3) such Transaction shall be the only
Terminated Transaction (and, for the avoidance of doubt, the provisions of Section
9(l) shall apply to any amount that is payable by JPMorgan to Counterparty pursuant
to this sentence as if Counterparty was not the Affected Party). “JPM Group” means
JPMorgan and each business unit of its affiliates subject to aggregation with
JPMorgan under Section 13 of the Exchange Act and rules promulgated thereunder.

(iii) Notwithstanding any other provision in this Confirmation to the contrary
requiring or allowing JPMorgan to purchase, sell, receive or deliver any shares or
other securities to or from Counterparty, JPMorgan may designate any of its
affiliates to purchase, sell, receive or deliver such shares or other securities
and otherwise to perform JPMorgan’s obligations in respect of this Transaction and
any such designee may assume such obligations. JPMorgan shall be discharged of its
obligations to Counterparty to the extent of any such performance.

	 	(f)	 	Staggered Settlement. If upon advice of counsel with respect to
applicable legal and regulatory requirements, including any requirements relating to
JPMorgan’s hedging activities hereunder, JPMorgan reasonably determines that it would
not be practicable or advisable to deliver, or to acquire Shares to deliver, any or
all of the Shares to be delivered by JPMorgan on the Settlement Date for the
Transaction, JPMorgan may, by notice to Counterparty on or prior to any Settlement
Date (a “Nominal Settlement Date”), elect to deliver the Shares on two or more dates
(each, a “Staggered Settlement Date”) as follows:

	 	(a)	 	in such notice, JPMorgan will specify to Counterparty the
related Staggered Settlement Dates (the first of which will be such Nominal
Settlement Date and the last of which will be no later than the twentieth
(20th) Exchange Business Day following such Nominal Settlement Date) and the
number of Shares that it will deliver on each Staggered Settlement Date;

12

 

	 	(b)	 	the aggregate number of Shares that JPMorgan will deliver to
Counterparty hereunder on all such Staggered Settlement Dates will equal the
number of Shares that JPMorgan would otherwise be required to deliver on such
Nominal Settlement Date; and
	 
	 	(c)	 	if the Net Share Settlement terms set forth above were to
apply on the Nominal Settlement Date, then the Net Share Settlement terms will
apply on each Staggered Settlement Date, except that the Net Shares will be
allocated among such Staggered Settlement Dates as specified by JPMorgan in
the notice referred to in clause (a) above.

	 	(g)	 	Role of Agent. Each party agrees and acknowledges that (i) J.P.
Morgan Securities Inc., an affiliate of JPMorgan (“JPMSI”), has acted solely as agent
and not as principal with
respect to this Transaction and (ii) JPMSI has no obligation or liability, by way
of guaranty, endorsement or otherwise, in any manner in respect of this Transaction
(including, if applicable, in respect of the settlement thereof). Each party agrees
it will look solely to the other party (or any guarantor in respect thereof) for
performance of such other party’s obligations under this Transaction.
	 
	 	(h)	 	Dividends. If at any time during the period from and excluding the
Trade Date, to but excluding the Expiration Date, an ex-dividend date for a cash
dividend occurs with respect to the Shares, then the Calculation Agent will make a
corresponding adjustment to any one or more of the Strike Price, Number of Options,
the Option Entitlement and/or any other variable relevant to the exercise, settlement
or payment for the Transaction to preserve the fair value of the Options to JPMorgan
after taking into account such dividend or lack thereof.
	 
	 	(i)	 	Additional Termination Events. Notwithstanding anything to the
contrary in this Confirmation if an event of default with respect to Counterparty
shall occur under the terms of the Convertible Notes as set forth in Section 6.01 of
the Base Indenture or Section 7.01 of the Supplemental Indenture, then such event of
default shall constitute an Additional Termination Event applicable to the Transaction
and, with respect to such event of default (A) Counterparty shall be deemed to be the
sole Affected Party and the Transaction shall be the sole Affected Transaction and (B)
JPMorgan shall be the party entitled to designate an Early Termination Date pursuant
to Section 6(b) of the Agreement.
	 
	 	(j)	 	Amendments to Equity Definitions. (i) Section 12.6(a)(ii) of the
Equity Definitions is hereby amended by (1) deleting from the fourth line thereof the
word “or” after the word “official” and inserting a comma therefor, and (2) deleting
the semi-colon at the end of subsection (B) thereof and inserting the following words
therefor “or (C) at JPMorgan’s option, the occurrence of any of the events specified
in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that
Issuer.”
	 
	 	 	 	(ii) Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1)
replacing “either party may elect” with “JPMorgan may elect” and (2) replacing
“notice to the other party” with “notice to Counterparty” in the first sentence of
such section.
	 
	 	(k)	 	Setoff. Neither party shall have the right to set off any
obligation that it may have to the other party under this Transaction against any
obligation such other party may have to it, whether arising under the Agreement,
this Confirmation or any other agreement between the parties hereto, by operation
of law or otherwise.
	 
	 	(l)	 	Alternative Calculations and Payment on Early Termination and on Certain
Extraordinary Events. If in respect of this Transaction, an amount is payable by
JPMorgan to Counterparty (i) pursuant to Section 12.7 or Section 12.9 of the Equity

13

 

	 	 	 	Definitions or (ii) pursuant to Section 6(d)(ii) of the Agreement (a “Payment
Obligation”), Counterparty may request JPMorgan to satisfy any such Payment Obligation
by the Share Termination Alternative (as defined below) (except that Counterparty
shall not make such an election in the event of a Nationalization, Insolvency, a
Merger Event or Tender Offer, in each case, in which the consideration to be paid to
holders of Shares consists solely of cash, or an Event of Default in which
Counterparty is the Defaulting Party or a Termination Event in which Counterparty is
the Affected Party, other than an Event of Default of the type described in Section
5(a)(iii), (v), (vi), (vii) or (viii) of the Agreement or a Termination Event of the
type described in Section 5(b) of the Agreement in each case that resulted from an
event or events outside Counterparty’s control) and shall give irrevocable telephonic
notice to JPMorgan, confirmed in writing within one Currency Business Day, no later
than 12:00 p.m. New York local time on the Merger Date, the Announcement Date (in the
case of
Nationalization, Insolvency or Delisting), the Early Termination Date or date of
cancellation, as applicable; provided that if Counterparty does not validly request
JPMorgan to satisfy its Payment Obligation by the Share Termination Alternative,
JPMorgan shall have the right, in its sole discretion, to satisfy its Payment
Obligation by the Share Termination Alternative, notwithstanding Counterparty’s
election to the contrary. In calculating any amounts under Section 6(e) of the
Agreement, notwithstanding anything to the contrary in the Agreement, (1) separate
amounts shall be calculated as set forth in Section 6(e) with respect to (i) this
Transaction and (ii) all other Transactions, and (2) such separate amounts shall be
payable pursuant to Section 6(d)(ii) of the Agreement.

	 	 	 	 	 
	 

	 	Share Termination Alternative:
	 	Applicable and means that JPMorgan
shall deliver to Counterparty the
Share Termination Delivery Property
on, or within a commercially
reasonable period of time after, the
date when the Payment Obligation
would otherwise be due pursuant to
Section 12.7 or 12.9 of the Equity
Definitions or Section 6(d)(ii) and
6(e) of the Agreement, as applicable
(the “Share Termination Payment
Date”), in satisfaction of the
Payment Obligation in the manner
reasonably requested by Counterparty
free of payment.
	 
	 	 	 	 
	 

	 	Share Termination Delivery Property:
	 	A number of Share Termination
Delivery Units, as calculated by the
Calculation Agent, equal to the
Payment Obligation divided by the
Share Termination Unit Price. The
Calculation Agent shall adjust the
Share Termination Delivery Property
by replacing any fractional portion
of a security therein with an amount
of cash equal to the value of such
fractional security based on the
values used to calculate the Share
Termination Unit Price.
	 
	 	 	 	 
	 

	 	Share Termination Unit Price:
	 	The value to JPMorgan of property
contained in one Share Termination
Delivery Unit, as determined by the
Calculation Agent in its discretion
by commercially reasonable means and
notified by the Calculation Agent to
JPMorgan at the

14

 

	 	 	 	 	 
	 

	 	 	 	time of notification
of the Payment Obligation. For the
avoidance of doubt, the parties agree
that in determining the Share
Termination Delivery Unit Price the
Calculation Agent may consider the
purchase price paid in connection
with the purchase of Share
Termination Delivery Property.
	 
	 	 	 	 
	 

	 	Share Termination Delivery Unit:
	 	One Share or, if a Merger Event has
occurred and a corresponding
adjustment to this Transaction has
been made, a unit consisting of the
number or amount of each type of
property received by a holder of one
Share (without consideration of any
requirement to pay cash or other
consideration in lieu of fractional
amounts of any securities) in such
Merger Event, as determined by the
Calculation Agent.
	 
	 	 	 	 
	 

	 	Failure to Deliver:
	 	Applicable
	 
	 	 	 	 
	 

	 	Other applicable provisions:
	 	If Share Termination Alternative is
applicable, the provisions of
Sections 9.8, 9.9, 9.11, 9.12 and
10.5 (as modified above) of the
Equity Definitions will be
applicable, except that all
references in such provisions to
“Physically-settled” shall be read as
references to “Share Termination
Settled” and all references to
“Shares” shall be read as references
to “Share Termination Delivery
Units”. “Share Termination Settled”
in relation to this Transaction means
that Share Termination Alternative is
applicable to this Transaction.

	 	(m)	 	Governing Law. New York law (without reference to choice of law
doctrine).
	 
	 	(n)	 	Waiver of Jury Trial. Each party waives, to the fullest extent
permitted by applicable law, any right it may have to a trial by jury in respect of
any suit, action or proceeding relating to this Transaction. Each party (i) certifies
that no representative, agent or attorney of either party has represented, expressly
or otherwise, that such other party would not, in the event of such a suit, action or
proceeding, seek to enforce the foregoing waiver and (ii) acknowledges that it and the
other party have been induced to enter into this Transaction, as applicable, by, among
other things, the mutual waivers and certifications provided herein.
	 
	 	(o)	 	Registration. Counterparty hereby agrees that if, in the good faith
reasonable judgment of JPMorgan, the Shares (“Hedge Shares”) acquired by JPMorgan for
the purpose of hedging its obligations pursuant to this Transaction cannot be sold in
the public market by JPMorgan without registration under the Securities Act,
Counterparty shall, at its election, either (i) in order to allow JPMorgan to sell the
Hedge Shares in a registered offering, make available to JPMorgan an effective
registration statement under the Securities Act and enter into an agreement, in form
and substance satisfactory to JPMorgan, substantially in the form of an underwriting
agreement for a registered secondary offering; provided, however, that if JPMorgan, in
its reasonable discretion,

15

 

	 	 	 	based on its customary practices for similar offerings, is
not satisfied with access to due diligence materials, the results of its due diligence
investigation, or the procedures and documentation for the registered offering
referred to above, then clause (ii) or clause (iii) of this paragraph shall apply at
the election of Counterparty, (ii) in order to allow JPMorgan to sell the Hedge Shares
in a private placement, enter into a private placement agreement substantially similar
to private placement purchase agreements customary for private placements of equity
securities, in form and substance satisfactory to JPMorgan (in which case, the
Calculation Agent shall make any adjustments to the terms of this Transaction that are
necessary, in its reasonable judgment, to compensate JPMorgan for any discount from
the public market price of the Shares incurred on the sale of Hedge Shares in a
private placement), or (iii) purchase the Hedge Shares from JPMorgan at the Reference
Price on such Exchange Business Days, and in the amounts, requested by JPMorgan.
	 
	 	(p)	 	Tax Disclosure. Effective from the date of commencement of
discussions concerning the Transaction, Counterparty and each of its employees,
representatives, or other agents may disclose to any and all persons, without
limitation of any kind, the tax treatment and tax
structure of the Transaction and all materials of any kind (including opinions or
other tax analyses) that are provided to Counterparty relating to such tax
treatment and tax structure.
	 
	 	(q)	 	Right to Extend. If, in its commercially reasonable judgment and
based on the advice of counsel, JPMorgan determines that, in light of existing
liquidity conditions, its hedging or hedge unwind activity hereunder would not be
advisable in light of applicable laws and regulations and interpretations thereof,
then JPMorgan may postpone, in whole or in part, any Settlement Date or any other date
of valuation or delivery with respect to some or all of the Options hereunder, to the
extent that such extension is reasonably necessary or appropriate to address such
applicable laws and regulations.
	 
	 	(r)	 	Status of Claims in Bankruptcy. JPMorgan acknowledges and agrees
that this Confirmation is not intended to convey to JPMorgan rights against
Counterparty with respect to the Transaction that are senior to the claims of common
stockholders of Counterparty in any United States bankruptcy proceedings of
Counterparty; provided that nothing herein shall limit or shall be deemed to limit
JPMorgan’s right to pursue remedies in the event of a breach by Counterparty of its
obligations and agreements with respect to the Transaction; provided, further, that
nothing herein shall limit or shall be deemed to limit JPMorgan’s rights in respect of
any transactions other than the Transaction.
	 
	 	(s)	 	Securities Contract; Swap Agreement. The parties hereto intend for:
(a) the Transaction to be a “securities contract” and a “swap agreement” as defined in
the Bankruptcy Code (Title 11 of the United States Code) (the “Bankruptcy Code”), and
the parties hereto to be entitled to the protections afforded by, among other
Sections, Sections 362(b)(6), 362(b)(17), 546(e), 546(g), 555 and 560 of the
Bankruptcy Code; (b) a party’s right to liquidate the Transaction and to exercise any
other remedies upon the occurrence of any Event of Default under the Agreement with
respect to the other party to constitute a “contractual right” as described in the
Bankruptcy Code; and (c) each payment and delivery of cash, securities or other
property hereunder to constitute a “margin payment” or “settlement payment” and a
“transfer” as defined in the Bankruptcy Code.
	 
	 	(t)	 	Additional Provisions. Counterparty covenants and agrees that as
promptly as practicable following the public announcement of any consolidation, merger
and binding share exchange to which Counterparty is a party, or any sale of all or
substantially all of Counterparty’s assets, in each case pursuant to which the Shares
will be converted into cash, securities or other property, Counterparty shall notify
JPMorgan in writing of the types and amounts of consideration that holders of Shares
have elected to receive upon

16

 

	 	 	 	consummation of such transaction or event (the date of
such notification, the “Consideration Notification Date”); provided that in no event
shall the Consideration Notification Date be later than the date on which such
transaction or event is consummated.
	 
	 	(u)	 	Receipt or Delivery of Cash. For the avoidance of doubt, other than
payment of the Premium by Counterparty, nothing in this Confirmation shall be
interpreted as requiring Counterparty to receive or deliver cash in respect of the
settlement of the Transaction contemplated by this Confirmation, except in
circumstances where the cash settlement thereof is within Counterparty’s control
(including, without limitation, where an Event of Default by Counterparty has occurred
under Section 5(a)(ii) or Section 5(a)(iv) of the Agreement, where Counterparty elects
to receive or deliver cash or fails timely to elect to receive or deliver Share
Termination Delivery Property in respect of the settlement of such Transaction) or in
those circumstances in which holders of the Shares would also receive cash.

17

 

     Please confirm that the foregoing correctly sets forth the terms of our agreement by executing
this Confirmation and returning it to EDG Confirmation Group, J.P. Morgan Securities Inc., 277 Park
Avenue, 11th Floor, New York, NY 10172-3401, or by fax to (212) 622 8519.

Very truly yours,

J.P. Morgan Securities Inc., as agent for

JPMorgan Chase Bank, National
Association

By:
/s/ Jason M. Wood                                        

Authorized Signatory

Name: Jason M. Wood

Accepted and confirmed

as of the Trade Date:

TTM Technologies, Inc.

By: /s/
Steven
W. Richards                                        

Authorized Signatory

Name: Steven W. Richards

JPMorgan Chase Bank, National Association

Organised under the laws of the United States as a National Banking Association.

Main Office 1111 Polaris Parkway, Columbus, Ohio 43271

Registered as a branch in England & Wales branch No. BR000746. Registered

Branch Office 125 London Wall, London EC2Y 5AJ

Authorised and regulated by the Financial Services Authority

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